[Economic Indicators July, 1999]
[Page Number 36]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
U.S. INTERNATIONAL TRANSACTIONS

In the first quarter of 1999, the goods deficit rose to $74.2 billion, 
from $63.6 billion in the fourth quarter of 1998. The current account 
deficit rose to $68.6 billion in the first quarter, from $61.7 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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                                                          Goods \1\                               Services                               Income receipts and payments
                                           ------------------------------------------------------------------------------            -----------------------------------
                                                                                                       Net                                                               Unilateral
                                                                                                      travel              Balance on                                       current   Balance  on
                  Period                                                  Net       Net  military   and trans-   Other     goods and                           Balance   transfers,     current
                                              Exports      Imports      balance    trans-  actions    porta-   services,   services    Receipts    Payments       on       net \4\     account
                                                                                       \2\ \3\         tion       net                                           income
                                                                                                     receipts
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1989 .....................................      362,120     -477,365     -115,245        -6,749         3,551     26,934     -91,509     161,566    -141,842     19,724     -27,116      -98,900
1990 .....................................      389,307     -498,337     -109,030        -7,599         7,501     29,189     -79,939     172,078    -143,649     28,429     -27,821      -79,332
1991 .....................................      416,913     -490,981      -74,068        -5,274        16,561     33,299     -29,484     149,558    -125,608     23,950       9,819        4,284
1992 .....................................      440,352     -536,458      -96,106        -1,448        19,969     40,559     -37,025     132,523    -110,253     22,269     -35,873      -50,629
1993 .....................................      456,832     -589,441     -132,609         1,385        19,714     41,571     -69,940     134,621    -111,445     23,176     -38,522      -85,286
1994 .....................................      502,398     -668,590     -166,192         2,570        16,305     48,922     -98,395     165,968    -150,061     15,907     -39,192     -121,680
1995 .....................................      575,845     -749,574     -173,729         4,600        21,772     49,818     -97,539     212,233    -192,823     19,410     -35,437     -113,566
1996 .....................................      612,057     -803,327     -191,270         4,707        24,969     57,276    -104,318     224,619    -207,409     17,210     -42,187     -129,295
1997 .....................................      679,715     -876,366     -196,651         5,863        21,948     64,110    -104,730     258,663    -255,432      3,231     -41,966     -143,465
1998 .....................................      670,246     -917,178     -246,932         4,314        10,405     67,931    -164,282     258,324    -270,529    -12,205     -44,075     -220,562
 
1997:I ...................................      162,979     -212,187      -49,208         1,314         5,956     15,326     -26,612      61,603     -60,542      1,061      -9,347      -34,898
      II .................................      169,895     -217,773      -47,878         2,096         5,465     16,128     -24,189      65,430     -63,218      2,212      -9,494      -31,471
      III ................................      173,447     -222,362      -48,915         1,509         5,387     16,296     -25,723      66,580     -66,376        204     -10,096      -35,615
      IV .................................      173,394     -224,044      -50,650           944         5,143     16,362     -28,201      65,050     -65,297       -247     -13,030      -41,478
 
1998:I ...................................      170,665     -225,541      -54,876         1,508         3,471     16,559     -33,338      66,458     -66,211        247      -9,927      -43,018
      II .................................      165,198     -228,698      -63,500         1,428         2,997     17,114     -41,961      66,574     -67,127       -553      -9,886      -52,400
      III ................................      164,259     -229,228      -64,969           703         1,685     16,857     -45,724      62,209     -69,174     -6,965     -10,787      -63,476
      IV .................................      170,124     -233,711      -63,587           675         2,251     17,399     -43,262      63,081     -68,014     -4,933     -13,474      -61,669
 
1999:I p..................................      164,292     -238,495      -74,203           822         2,058     17,562     -53,761      64,132     -68,856     -4,724     -10,098      -68,583
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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.