[Economic Indicators April, 1995]
[Page Number 36]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
U.S. INTERNATIONAL TRANSACTIONS

In the fourth quarter of 1994, the merchandise trade deficit fell to 
$43.0 billion, from $44.6 billion in the third quarter. The current 
account deficit rose to $44.8 billion, from $40.8 billion in the third 
quarter.
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                                               [Millions of dollars; quarterly data seasonally adjusted, except as noted. Credits (+), debits (-)]                                              
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                                      Merchandise \1\                              Services                                         Investment income                                           
                            -----------------------------------------------------------------------------------            ---------------------------------- Balance on                        
                                                                                                                Balance on   Receipts   Payments                goods,    Unilateral  Balance on
           Period                                      Net         Net military      Net travel and    Other     goods and   on U.S.   on foreign              services,  transfers,    current 
                              Exports    Imports     balance   transactions \2\ \3\  transportation  services,   services     assets    assets in     Net     and income    net \4\     account 
                                                                                        receipts        net                   abroad      U.S.                                                  
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1981.......................   237,044    -265,067     -28,023            -844                144        12,552     -16,172     86,529     -53,626     32,903      16,732     -11,702       5,030
1982.......................   211,157    -247,642     -36,485             112               -992        13,209     -24,156     86,200     -56,412     29,788       5,632     -17,075     -11,443
1983 ......................   201,799    -268,901     -67,102            -563             -4,227        14,095     -57,796     84,778     -53,700     31,078     -26,719     -17,741     -44,460
1984 ......................   219,926    -332,418    -112,492          -2,547             -8,438        14,277    -109,200    104,075     -74,036     30,038     -79,161     -20,612     -99,773
1985 ......................   215,915    -338,088    -122,173          -4,390             -9,798        14,266    -122,095     92,760     -73,087     19,673    -102,422     -22,950    -125,372
1986 ......................   223,344    -368,425    -145,081          -5,181             -7,382        18,855    -138,789     90,858     -79,095     11,763    -127,026     -24,176    -151,201
1987 ......................   250,208    -409,765    -159,557          -3,844             -6,481        17,900    -151,981     99,239     -91,302      7,937    -144,045     -23,052    -167,097
1988 ......................   320,230    -447,189    -126,959          -6,315             -1,511        19,961    -114,824    127,414    -115,806     11,607    -103,217     -24,977    -128,194
1989 ......................   362,116    -477,365    -115,249          -6,726              5,071        26,558     -90,345    152,517    -138,858     13,659     -76,686     -26,134    -102,820
1990 ......................   389,303    -498,336    -109,033          -7,567              8,978        28,811     -78,810    160,300    -139,574     20,725     -58,085     -33,663     -91,748
1991 ......................   416,913    -490,981     -74,068          -5,485             17,957        33,124     -28,472    136,914    -122,081     14,833     -13,639       6,687      -6,952
1992 ......................   440,361    -536,458     -96,097          -3,034             20,885        37,862     -40,384    114,449    -109,909      4,540     -35,844     -32,042     -67,886
1993 ......................   456,866    -589,441    -132,575            -763             20,840        36,773     -75,725    113,856    -109,910      3,946     -71,779     -32,117    -103,896
1994 p.....................   502,729    -669,093    -166,364             268             21,050        38,678    -106,370    134,855    -150,036    -15,181    -121,551     -34,121    -155,673
                                                                                                                                                                                                
1993: I ...................   111,664    -140,855     -29,191            -105              5,307         9,567     -14,422     27,727     -25,872      1,855     -12,567      -7,283     -19,850
      II ..................   113,787    -147,514     -33,727            -128              5,565         9,221     -19,070     28,801     -28,133        668     -18,402      -7,200     -25,602
      III .................   111,736    -148,224     -36,488             -87              5,230         9,087     -22,258     28,513     -26,498      2,015     -20,243      -7,613     -27,856
      IV ..................   119,679    -152,848     -33,169            -444              4,740         8,897     -19,976     28,816     -29,406       -590     -20,566     -10,021     -30,587
                                                                                                                                                                                                
1994: I ...................   117,848    -154,900     -37,052            -337              4,195         8,875     -24,320     29,879     -30,699       -820     -25,140      -7,098     -32,238
      II ..................   122,510    -164,231     -41,721             177              5,440         9,467     -26,637     31,868     -34,687     -2,819     -29,456      -8,371     -37,827
      III .................   127,632    -172,247     -44,615             230              5,646        10,001     -28,738     35,626     -39,663     -4,037     -32,775      -8,073     -40,848
      IV p.................   134,739    -177,715     -42,976             199              5,769        10,333     -26,675     37,483     -44,987     -7,504     -34,179     -10,579     -44,758
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    \1\ Adjusted from Census data 
for differences in timing and 
coverage; excludes military.
    \2\ Transfers under U.S. 
military agency sales contracts 
(exports) minus direct defense 
expenditures (imports).
    \3\ Quarterly data are not 
seasonally adjusted.
    \4\ Includes transfers of goods 
and services under U.S. military 
grant programs.

    See p. 37 for continuation of 
              table.