[Economic Indicators July, 2002]
[Page Number 36]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
U.S. INTERNATIONAL TRANSACTIONS

In the first quarter of 2002, the goods deficit rose to $106.4 billion, 
from $100.7 billion in the fourth quarter of 2001. The current account 
deficit rose to $112.5 billion in the first quarter, from $95.1 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
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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    -186,880       24,622      -34,057     -105,823
1996 ..................................      612,113     -803,113     -191,000         5,385        25,015     58,757    -101,843     225,846    -201,743       24,103      -40,081     -117,821
1997 ..................................      678,366     -876,485     -198,119         4,968        22,152     63,234    -107,765     260,558    -240,371       20,187      -40,794     -128,372
1998 ..................................      670,416     -917,112     -246,696         5,220        10,145     64,398    -166,933     259,366    -251,751        7,615      -44,509     -203,827
1999 ..................................      683,965   -1,029,987     -346,022         2,470         7,113     74,202    -262,237     290,536    -272,398       18,138      -48,757     -292,856
2000 ..................................      771,994   -1,224,417     -452,423           421         2,472     70,849    -378,681     352,997    -331,215       21,782      -53,442     -410,341
2001 ..................................      718,762   -1,145,927     -427,165        -2,978        -1,926     73,779    -358,290     283,771    -269,389       14,382      -49,463     -393,371
 
1999:III ..............................      173,003     -265,292      -92,289           297         1,566     18,801     -71,625      74,718     -71,595        3,123      -11,641      -80,143
      IV ..............................      180,643     -276,216      -95,573           -69         1,552     19,201     -74,889      79,761     -73,375        6,386      -14,393      -82,896
 
2000:I ................................      184,486     -290,941     -106,455           -74           825     18,532     -87,172      84,083     -79,260        4,823      -11,749      -94,098
      II ..............................      191,411     -303,581     -112,170           412         1,486     18,345     -91,927      90,183     -83,994        6,189      -12,349      -98,087
      III .............................      199,641     -314,779     -115,138          -199           -31     17,042     -98,326      88,129     -84,055        4,074      -12,925     -107,177
      IV ..............................      196,456     -315,116     -118,660           282           189     16,931    -101,258      90,603     -83,909        6,694      -16,418     -110,982
 
2001:I ................................      193,284     -306,316     -113,032          -742           903     15,711     -97,160      83,036     -81,990        1,046      -11,608     -107,722
      II ..............................      184,846     -292,565     -107,719          -285        -1,219     15,899     -93,324      74,846     -68,840        6,006      -11,916      -99,234
      III .............................      173,274     -279,025     -105,751          -706          -255     26,934     -79,778      67,152     -66,345          807      -12,360      -91,331
      IV ..............................      167,358     -268,021     -100,663        -1,245        -1,357     15,237     -88,028      58,737     -52,216        6,521      -13,579      -95,086
 
2002:I p...............................      164,649     -271,073     -106,424        -1,348          -804     13,718     -94,858      57,707     -59,486       -1,779      -15,850     -112,487
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

    \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.