[Economic Indicators July, 2005]
[Page Number 36]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
U.S. INTERNATIONAL TRANSACTIONS

In the first quarter of 2005, the goods deficit rose to $186.3 billion, 
from $182.2 billion in the fourth quarter of 2004. The current account 
deficit rose to $195.1 billion in the first quarter from $188.4 billion 
in the fourth 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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1995 ......................................      575,204     -749,374     -174,170        4,600     21,772     51,414     -96,384     210,244    -189,353       20,891      -38,177     -113,670
1996 ......................................      612,113     -803,113     -191,000        5,385     25,015     56,535    -104,065     226,129    -203,811       22,318      -43,147     -124,894
1997 ......................................      678,366     -876,470     -198,104        4,968     22,152     62,674    -108,310     256,804    -244,195       12,609      -45,205     -140,906
1998 ......................................      670,416     -917,103     -246,687        5,220     10,210     66,248    -165,009     261,819    -257,554        4,265      -53,320     -214,064
1999 ......................................      683,965   -1,029,980     -346,015        2,593      7,085     72,943    -263,394     293,925    -280,037       13,888      -50,554     -300,060
2000 ......................................      771,994   -1,224,408     -452,414          317      2,486     71,339    -378,272     350,918    -329,864       21,054      -58,781     -415,999
2001 ......................................      718,712   -1,145,900     -427,188       -2,296     -3,254     70,009    -362,729     288,303    -263,120       25,183      -51,910     -389,456
2002 ......................................      682,422   -1,164,720     -482,298       -7,158     -4,245     72,520    -421,181     270,792    -260,776       10,016      -64,046     -475,211
2003 ......................................      713,421   -1,260,717     -547,296      -12,527    -11,736     76,745    -494,814     309,830    -263,526       46,304      -71,169     -519,679
2004 ......................................      807,536   -1,472,926     -665,390      -14,485    -13,304     75,596    -617,583     379,527    -349,088       30,439      -80,930     -668,074
 
2002:I ....................................      165,171     -273,155     -107,984       -1,574       -926     17,307     -93,177      64,957     -63,451        1,506      -18,420     -110,091
      II ..................................      172,131     -291,124     -118,993       -1,882     -1,343     18,761    -103,457      67,991     -68,947         -956      -14,873     -119,286
      III .................................      174,241     -297,169     -122,928       -1,537     -1,110     18,005    -107,570      70,775     -68,558        2,217      -14,726     -120,079
      IV ..................................      170,879     -303,272     -132,393       -2,165       -866     18,447    -116,977      67,073     -59,817        7,256      -16,027     -125,748
 
2003:I ....................................      173,167     -311,028     -137,861       -2,976     -3,098     19,102    -124,833      70,706     -64,790        5,916      -17,743     -136,660
      II ..................................      174,696     -309,763     -135,067       -3,247     -3,441     18,905    -122,850      73,872     -62,565       11,307      -17,251     -128,794
      III .................................      178,186     -313,476     -135,290       -2,860     -3,411     18,862    -122,699      77,594     -66,242       11,352      -17,634     -128,981
      IV ..................................      187,372     -326,450     -139,078       -3,444     -1,786     19,881    -124,427      87,653     -69,926       17,727      -18,543     -125,243
 
2004:I ....................................      193,789     -345,241     -151,452       -3,200     -3,212     19,012    -138,852      86,401     -71,379       15,022      -22,271     -146,101
      II ..................................      200,072     -364,059     -163,987       -3,643     -3,014     18,602    -152,042      91,465     -85,543        5,922      -20,515     -166,635
      III .................................      204,801     -372,576     -167,775       -3,829     -3,394     17,533    -157,465      95,504     -89,250        6,254      -15,771     -166,982
      IV ..................................      208,874     -391,050     -182,176       -3,813     -3,684     20,452    -169,221     106,154    -102,918        3,236      -22,374     -188,359
 
2005:I p...................................      213,840     -400,169     -186,329       -3,096     -3,243     20,911    -171,757     105,986    -102,209        3,777      -27,072     -195,052
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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.