[Economic Indicators June, 1996]
[Page Number 36]
[From the U.S. Government Publishing Office, www.gpo.gov]




 
U.S. INTERNATIONAL TRANSACTIONS

In the first quarter of 1996, the merchandise trade deficit rose to 
$42.7 billion, from $38.0 billion in the fourth quarter of 1995. The 
current account deficit rose to $35.6 billion, from $30.4 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                                            
                               --------------------------------------------------------------------------------            ---------------------------------                                    
                                                                                              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    r-152,088
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    r-167,392
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    r-128,436
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    r-105,575
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     r-94,657
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      r-9,518
1992..........................    440,352     -536,458      -96,106          -2,142          20,484    38,284     r-38,265   118,425    -108,346     10,079     -29,402     -32,148     r-62,583
1993..........................   r456,834    r-589,441    r-132,607             448          19,885    37,444     r-72,037   119,248    -110,248      9,000     -65,841     -34,084     r-99,936
1994r.........................    502,463     -668,584     -166,121           1,963          16,711    43,068     -104,379   141,704    -145,863     -4,159    -108,539     -39,866     -148,405
1995r.........................    575,940     -749,364     -173,424           3,585          18,361    46,415     -105,064   182,659    -190,674     -8,016    -113,079     -35,075     -148,154
                                                                                                                                                                                                
1994:Ir.......................    118,462     -155,301      -36,839             -38           4,016    10,159      -22,702    31,841     -30,678      1,163     -21,539      -8,169      -29,708
      IIr.....................    122,909     -163,993      -41,084             367           4,221    10,614      -25,882    33,287     -33,923       -636     -26,518      -9,507      -36,025
      IIIr....................    127,237     -171,652      -44,415           1,171           3,758    11,039      -28,447    37,212     -38,801     -1,589     -30,036      -9,975      -40,011
      IVr.....................    133,855     -177,638      -43,783             463           4,717    11,257      -27,346    39,368     -42,462     -3,094     -30,440     -12,215      -42,655
                                                                                                                                                                                                
1995:Ir.......................    138,551     -183,474      -44,923             628           3,770    11,010      -29,515    44,100     -45,000       -900     -30,415      -8,639      -39,054
      IIr.....................    142,983     -190,910      -47,927             859           3,834    11,410      -31,824    46,779     -47,641       -862     -32,686      -8,290      -40,976
      IIIr....................    144,984     -187,532      -42,548           1,120           5,087    12,006      -24,335    45,269     -49,630     -4,361     -28,696      -8,992      -37,688
      IVr.....................    149,422     -187,448      -38,026             978           5,670    11,987      -19,391    46,513     -48,403     -1,890     -21,281      -9,154      -30,435
                                                                                                                                                                                                
1996:Ip.......................    150,019     -192,757      -42,738             628           5,410    12,348      -24,352    47,983     -48,378       -395     -24,747     -10,841      -35,588
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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, including Note regarding 
revisions.