[Economic Indicators May, 2003]
[Page Number 36]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
U.S. INTERNATIONAL TRANSACTIONS

In the fourth quarter of 2002, the goods deficit rose to $132.3 billion, 
from $122.9 billion in the third quarter. The current account deficit 
rose to $136.9 billion in the fourth quarter, from $126.3 billion in the 
third quarter.
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                                                       [Millions of dollars; quarterly data seasonally adjusted. Credits (+), debits (-)]
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                                                           Goods \1\                             Services                              Income receipts and payments
                                            --------------------------------------------------------------------------            -------------------------------------
                                                                                                    Net                Balance on                                        Unilateral  Balance  on
                   Period                                                               Net        travel     Other     goods and                                         current       current
                                               Exports      Imports     Balance on    military   and trans- services,   services    Receipts    Payments   Balance  on   transfers,    account
                                                                          goods        trans-      porta-      net                                            income      net \3\
                                                                                    actions \2\     tion
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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
2002 p.....................................      682,586   -1,166,939     -484,353      -7,374      -2,711     58,896    -435,542     244,640    -256,502      -11,862      -56,023     -503,427
 
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 ....................................      164,372     -270,975     -106,603      -1,498        -477     12,949     -95,629      58,046     -59,028         -982      -15,931     -112,542
      II ..................................      172,150     -294,795     -122,645      -1,679        -794     15,672    -109,446      60,672     -65,996       -5,324      -12,927     -127,697
      III .................................      175,372     -298,225     -122,853      -2,091        -515     15,202    -110,257      63,475     -66,482       -3,007      -13,073     -126,337
      IV p.................................      170,692     -302,944     -132,252      -2,106        -925     15,070    -120,213      62,443     -64,996       -2,553      -14,088     -136,854
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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\ Includes transfers of goods 
and services under U.S. military 
grant programs.
    See p. 37 for continuation of 
table.