[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.
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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                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
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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
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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.