September 19, 2013
The U.S. current-account deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—decreased to $98.9 billion (preliminary) in the second quarter of 2013 from $104.9 billion (revised) in the first quarter of 2013.
- The deficit on international trade in goods decreased to $175.7 billion from $179.5 billion, as goods exports increased more than goods imports.
- The surplus on international trade in services increased to $57.9 billion from $56.8 billion, as services exports increased more than services imports.
- The surplus on income increased to $53.1 billion from $50.9 billion, as income payments decreased and income receipts increased.
- Net unilateral current transfers to foreign residents were $34.2 billion, up from $33.1 billion.
- Net financial inflows were $73.1 billion in the second quarter, up from $40.4 billion in the first.
- U.S.-owned assets abroad increased $109.6 billion in the second quarter after increasing $229.1 billion in the first.
- Foreign-owned assets in the United States increased $179.3 billion in the second quarter after increasing $265.5 billion in the first.
To find out more about U.S. international transactions, read the full report.