The U.S. Bureau of Economic Analysis (BEA) has issued the fo

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The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

The U.S. current-account deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—decreased to $107.5 billion (preliminary) in the third quarter from $118.1 billion (revised) in the second quarter. The decrease in the current-account deficit was more than accounted for by a decrease in the deficit on goods. Changes in the other balances were relatively small.


The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/international/ ... elease.htm