[Economic Indicators May, 2007]
[Page Number 36]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
U.S. INTERNATIONAL TRANSACTIONS

In the fourth quarter of 2006, the goods deficit fell to $197.9 billion, 
from $218.9 billion in the third quarter. The current account deficit 
fell to $195.8 billion in the fourth quarter, from $229.4 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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1997 ......................................      678,366     -876,470     -198,104        4,968     22,152     63,035    -107,949     256,804    -244,195       12,609      -45,062     -140,402
1998 ......................................      670,416     -917,103     -246,687        5,220     10,210     66,651    -164,606     261,819    -257,554        4,265      -53,187     -213,528
1999 ......................................      683,965   -1,029,980     -346,015        2,593      7,085     73,051    -263,286     293,925    -280,037       13,888      -50,428     -299,826
2000 ......................................      771,994   -1,224,408     -452,414          317      2,486     72,052    -377,559     350,918    -329,864       21,054      -58,645     -415,150
2001 ......................................      718,712   -1,145,900     -427,188       -2,296     -3,254     69,943    -362,795     288,251    -263,120       25,131      -51,295     -388,959
2002 ......................................      682,422   -1,164,720     -482,298       -7,158     -4,245     72,633    -421,068     270,652    -258,443       12,209      -63,587     -472,446
2003 ......................................      713,415   -1,260,717     -547,302      -12,527    -11,553     76,485    -494,897     303,062    -266,469       36,593      -69,210     -527,514
2004 ......................................      807,516   -1,472,926     -665,410      -13,832    -12,800     80,746    -611,296     374,913    -347,321       27,592      -81,582     -665,286
2005 ......................................      894,631   -1,677,371     -782,740      -11,024    -12,492     89,526    -716,730     474,647    -463,353       11,293      -86,072     -791,508
2006 p.....................................    1,023,689   -1,859,655     -835,966      -14,498    -10,251     95,448    -765,267     622,020    -629,286       -7,266      -84,122     -856,655
 
2004:I ....................................      194,056     -344,010     -149,954       -3,084     -3,045     19,935    -136,148      85,526     -72,662       12,864      -22,554     -145,838
      II ..................................      199,617     -364,709     -165,092       -3,378     -2,869     19,950    -151,389      90,877     -85,364        5,513      -20,895     -166,771
      III .................................      204,340     -373,143     -168,803       -3,595     -3,264     18,990    -156,672      94,959     -88,090        6,869      -16,524     -166,327
      IV ..................................      209,503     -391,064     -181,561       -3,775     -3,622     21,872    -167,086     103,545    -101,206        2,339      -21,609     -186,356
 
2005:I ....................................      214,189     -397,457     -183,268       -2,863     -4,124     22,147    -168,108     108,697    -105,076        3,621      -27,237     -191,724
      II ..................................      222,591     -410,811     -188,220       -2,803     -2,831     21,796    -172,058     112,681    -110,687        1,994      -23,194     -193,258
      III .................................      224,947     -423,693     -198,746       -2,300     -2,598     21,853    -181,792     122,081    -114,240        7,841       -9,464     -183,415
      IV ..................................      232,904     -445,410     -212,506       -3,057     -2,940     23,729    -194,774     131,192    -133,351       -2,159      -26,176     -223,109
 
2006:I ....................................      243,726     -451,974     -208,248       -3,239     -2,765     22,606    -191,646     139,893    -142,480       -2,587      -19,545     -213,778
      II ..................................      252,057     -462,937     -210,880       -3,514     -3,070     23,831    -193,633     155,972    -158,192       -2,220      -21,860     -217,713
      III .................................      261,283     -480,175     -218,892       -3,980     -2,547     24,021    -201,399     158,885    -164,365       -5,480      -22,498     -229,377
      IV p.................................      266,623     -464,569     -197,946       -3,764     -1,870     24,989    -178,591     167,269    -164,248        3,021      -20,220     -195,790
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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.