[Economic Indicators July, 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.
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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      
1983r..............................   201,799    -268,901     -67,102            -563               -4,227          14,124             -57,767            85,200     -53,700     31,500     -26,267     -17,718            -43,985      
1984r..............................   219,926    -332,418    -112,492          -2,547               -8,438          14,404            -109,073           104,756     -74,036     30,720     -78,353     -20,598            -98,951      
1985r..............................   215,915    -338,088    -122,173          -4,390               -9,798          14,483            -121,880            93,677     -73,087     20,590    -101,290     -22,954           -124,243      
1986r..............................   223,344    -368,425    -145,081          -5,181               -8,484          19,194            -139,551            91,976     -79,095     12,881    -126,670     -24,189           -150,859      
1987r..............................   250,208    -409,765    -159,557          -3,844               -7,613          18,319            -152,696           100,767     -91,302      9,465    -143,231     -23,107           -166,338      
1988r..............................   320,230    -447,189    -126,959          -6,320               -2,591          20,546            -115,324           129,070    -115,806     13,264    -102,060     -25,023           -127,083      
1989r..............................   362,120    -477,365    -115,245          -6,749                4,043          26,558             -91,392           152,517    -138,858     13,659     -77,733     -26,106           -103,839      
1990r..............................   389,307    -498,337    -109,030          -7,599                8,002          28,633             -79,994           160,300    -139,574     20,725     -59,268     -33,393            -92,661      
1991r..............................   416,913    -490,981     -74,068          -5,274               17,032          32,907             -29,404           137,003    -121,892     15,111     -14,293       6,869             -7,424      
1992r..............................   440,352    -536,458     -96,106          -2,142               20,484          38,284             -39,480           118,425    -108,346     10,079     -29,402     -32,148            -61,549      
1993...............................   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      
1994...............................   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:I.............................   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      
      II...........................   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      
      III..........................   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      
      IV...........................   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:I.............................   118,445    -154,935     -36,490             -31                4,642           8,863             -23,016            30,942     -30,826        116     -22,900      -7,371            -30,271      
      II...........................   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      
      III..........................   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      
      IV...........................   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.