US current account balance 1Q vs. $-104.2 billion vs. $-102.9 billion estimate
US current account balance for the 1st quarter
– current account balance for the first-quarter $-104.2 billion vs. $-102.9 billion estimate
– prior month came in at $-109.8 billion revised to $-104.3 billion
The US runs a negative current account balance as result of a large goods trade balance. The service sector is a surplus for the US
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