[Economic Indicators July, 2001] [Page Number 36] [From the U.S. Government Publishing Office, www.gpo.gov] U.S. INTERNATIONAL TRANSACTIONS In the first quarter of 2001, the goods deficit fell to $112.5 billion, from $118.5 billion in the fourth quarter. The current account deficit fell to $109.6 billion in the first quarter, from $116.3 billion in the fourth quarter. ________________________________________________________________________________________________________________________________________________ [Millions of dollars; quarterly data seasonally adjusted, except as noted. Credits (+), debits (-)] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Goods \1\ Services Income receipts and payments ------------------------------------------------------------------------------ ------------------------------------- Net Balance on Unilateral Balance on Period Net military travel Other goods and current current Exports Imports Balance on trans- actions and trans- services, services Receipts Payments Balance on transfers, account goods \2\ \3\ porta- net income net \4\ tion ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1991 .................................. 414,083 -491,020 -76,937 -5,274 16,561 34,516 -31,135 149,214 -125,084 24,130 10,752 3,747 1992 .................................. 439,631 -536,528 -96,897 -1,448 19,969 41,918 -36,457 132,056 -109,101 22,954 -35,013 -48,515 1993 .................................. 456,943 -589,394 -132,451 1,385 19,714 42,562 -68,791 134,159 -110,255 23,904 -37,637 -82,523 1994 .................................. 502,859 -668,690 -165,831 2,570 16,305 50,278 -96,678 165,438 -148,744 16,694 -38,260 -118,244 1995 .................................. 575,204 -749,374 -174,170 4,600 21,772 51,410 -96,388 211,502 -190,955 20,547 -34,057 -109,898 1996 .................................. 612,113 -803,113 -191,000 5,385 25,015 58,757 -101,843 225,846 -204,859 20,987 -40,081 -120,937 1997 .................................. 678,366 -876,485 -198,119 4,968 22,152 63,234 -107,765 260,558 -251,808 8,750 -40,794 -139,809 1998 .................................. 670,416 -917,112 -246,696 5,265 10,145 64,458 -166,828 259,238 -265,440 -6,202 -44,427 -217,457 1999 .................................. 684,553 -1,029,987 -345,434 2,586 7,113 73,897 -261,838 285,302 -298,915 -13,613 -48,913 -324,364 2000 .................................. 772,210 -1,224,417 -452,207 500 3,180 72,788 -375,739 352,866 -367,658 -14,792 -54,136 -444,667 1998:I ................................ 170,998 -226,372 -55,374 1,709 3,419 15,368 -34,878 66,190 -64,937 1,253 -9,866 -43,491 II .............................. 165,511 -228,721 -63,210 1,611 3,118 16,009 -42,472 66,715 -66,490 225 -10,154 -52,401 III ............................. 164,081 -228,010 -63,929 807 1,820 15,830 -45,472 62,768 -67,103 -4,335 -10,731 -60,538 IV .............................. 169,826 -234,009 -64,183 1,138 1,788 17,246 -44,011 63,565 -66,908 -3,343 -13,671 -61,025 1999:I ................................ 164,716 -238,709 -73,993 1,031 2,108 17,982 -52,872 64,893 -67,418 -2,525 -11,051 -66,448 II .............................. 166,267 -250,557 -84,290 1,220 1,887 18,317 -62,866 68,703 -71,619 -2,916 -11,596 -77,378 III ............................. 173,045 -264,777 -91,732 296 1,566 18,735 -71,135 73,506 -78,673 -5,167 -11,761 -88,063 IV .............................. 180,525 -275,944 -95,419 39 1,552 18,860 -74,968 78,202 -81,204 -3,002 -14,504 -92,474 2000:I ................................ 185,142 -292,547 -107,405 139 929 19,015 -87,322 82,389 -88,046 -5,657 -11,924 -104,903 II .............................. 191,558 -303,229 -111,671 528 1,571 18,788 -90,784 89,253 -94,142 -4,889 -12,461 -108,134 III ............................. 199,273 -313,884 -114,611 -212 177 17,306 -97,340 88,739 -93,624 -4,885 -13,080 -115,305 IV .............................. 196,237 -314,757 -118,520 45 500 17,682 -100,293 92,486 -91,844 642 -16,673 -116,324 2001:I p............................... 194,942 -307,462 -112,520 -162 -98 17,765 -95,015 86,608 -89,698 -3,090 -11,457 -109,562 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \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.