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



 
U.S. INTERNATIONAL TRANSACTIONS

In the first quarter of 1995, the merchandise trade deficit rose to 
$45.1 billion, from $43.5 billion in the fourth quarter of 1994. The 
current account deficit fell to $40.5 billion, from $43.3 billion in the 
fourth quarter. (Series revised.)
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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                                     
                                                                                                                                                        Receipts   Payments                goods,    Unilateral                         
               Period                                          Net         Net military      Nettravelandtrans-    Other    Balanceongoodsandservices   on U.S.   on foreign              services,  transfers,  Balanceoncurrentaccount
                                      Exports    Imports     balance    transactions\2\\3\   porta-tionreceipts  services,                               assets    assets in     Net     and income    net\4\                           
                                                                                                                    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      
1993r..............................   456,823    -589,441    -132,618             448               19,885          37,444             -74,841           119,248    -110,248      9,000     -65,841     -34,084            -99,925      
1994r..............................   502,485    -668,584    -166,099           2,148               19,330          38,410            -106,212           137,619    -146,891     -9,272    -115,484     -35,761           -151,245      
                                                                                                                                                                                                                                        
1993:Ir............................   111,862    -140,821     -28,959             401                5,302           9,683             -13,573            28,950     -25,239      3,711      -9,862      -7,521            -17,383      
      IIr..........................   114,131    -147,718     -33,587              90                5,389           9,315             -18,793            29,958     -27,893      2,065     -16,728      -7,609            -24,337      
      IIIr.........................   111,576    -148,181     -36,605             283                5,062           9,272             -21,988            29,931     -26,741      3,190     -18,798      -8,234            -27,032      
      IVr..........................   119,254    -152,721     -33,467            -326                4,131           9,172             -20,490            30,412     -30,376         36     -20,454     -10,722            -31,176      
                                                                                                                                                                                                                                        
1994:Ir............................   118,445    -154,935     -36,490             -31                4,642           8,863             -23,016            30,942     -30,826        116     -22,900      -7,371            -30,271      
      IIr..........................   122,730    -164,224     -41,494             376                4,647           9,548             -26,923            32,338     -34,623     -2,285     -29,208      -8,778            -37,986      
      IIIr.........................   127,384    -172,011     -44,627           1,124                4,792           9,904             -28,807            36,031     -38,564     -2,533     -31,340      -8,374            -39,714      
      IVr..........................   133,926    -177,414     -43,488             679                5,247          10,095             -27,467            38,307     -42,878     -4,571     -32,038     -11,239            -43,277      
                                                                                                                                                                                                                                        
1995:Ip............................   138,059    -183,111     -45,052             621                4,523           9,885             -30,023            42,511     -45,209     -2,698     -32,721      -7,782            -40,503      
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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.