[Economic Indicators November, 1999] [Page Number 36] [From the U.S. Government Publishing Office, www.gpo.gov] U.S. INTERNATIONAL TRANSACTIONS In the second quarter of 1999, the goods deficit rose to $84.6 billion, from $74.2 billion in the first quarter. The current account deficit rose to $80.7 billion in the second quarter, from $68.7 billion in the first quarter. ________________________________________________________________________________________________________________________________________________ [Millions of dollars; quarterly data seasonally adjusted, except as noted. Credits (+), debits (-)] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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 ................................... 164,292 -238,495 -74,203 837 1,947 17,445 -53,974 64,028 -68,368 -4,340 -10,340 -68,654 II p................................ 165,674 -250,320 -84,646 634 1,728 17,268 -65,016 67,013 -71,395 -4,382 -11,275 -80,673 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \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.