Q3 US current account balance -$94.84bn vs -$100.0bn exp

  • Prior -$98.9bn. Revised to -$96.61bn

Deficit falls to the smallest in four years and pushes the percentage of GDP down to 2.2% and the lowest since Q1 1998.

The improved export numbers led the way as well as high earnings overseas. Q3 exports had risen to 0.6% against imports of 0.4%

US current account 17 12 2013

US current account 17 12 2013

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