[Economic Indicators May, 1996]
[Page Number 36]
[From the U.S. Government Publishing Office, www.gpo.gov]
U.S. INTERNATIONAL TRANSACTIONS
In the fourth quarter of 1995, the merchandise trade deficit fell to
$38.0 billion, from $43.3 billion in the third quarter. The current
account deficit fell to $31.1 billion, from $40.3 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
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Net Balance
travel Balance on on goods, Unilateral Balance on
Period and Other goods and Receipts Payments services, transfers, current
Exports Imports Net Net military trans- services, services on U.S. on foreign Net and net\4\ account
balance transactions\2\\3\ porta- net assets assets in income
tion abroad U.S.
receipts
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1986............................. 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
1987............................. 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
1988............................. 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
1989............................. 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
1990............................. 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
1991............................. 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
1992............................. 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
1995p............................ 574,879 -749,348 -174,469 2,810 18,658 41,584 -111,418 181,301 -192,703 -11,402 -122,820 -30,095 -152,915
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:I........................... 138,325 -182,784 -44,459 542 5,017 9,996 -28,904 43,185 -45,215 -2,030 -30,934 -7,520 -38,454
II......................... 142,667 -191,321 -48,654 587 4,347 10,379 -33,341 45,401 -48,085 -2,684 -36,025 -7,117 -43,142
III........................ 145,050 -188,376 -43,326 889 4,480 10,650 -27,307 44,450 -49,613 -5,163 -32,470 -7,780 -40,250
IVp........................ 148,837 -186,867 -38,030 792 4,812 10,557 -21,869 48,264 -49,791 -1,527 -23,396 -7,677 -31,073
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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.