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



 
U.S. INTERNATIONAL TRANSACTIONS

In the first quarter of 2007, the goods deficit rose to $200.9 billion, 
from $200.3 billion in the fourth quarter. The current account deficit 
rose to $192.6 billion in the first quarter, from $187.9 billion in the 
fourth quarter. (Series revised.)
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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 r.....................................      678,366     -876,794     -198,428        4,968     22,152     63,035    -108,273     256,804    -244,195       12,609      -45,062     -140,726
1998 r.....................................      670,416     -918,637     -248,221        5,220     10,210     66,651    -166,140     261,819    -257,554        4,265      -53,187     -215,062
1999 r.....................................      683,965   -1,031,784     -347,819        2,593      7,085     73,051    -265,090     293,925    -280,037       13,888      -50,428     -301,630
2000 r.....................................      771,994   -1,226,684     -454,690          317      2,486     72,052    -379,835     350,918    -329,864       21,054      -58,645     -417,426
2001 r.....................................      718,712   -1,148,231     -429,519       -2,296     -3,254     69,943    -365,126     290,797    -259,075       31,722      -51,295     -384,699
2002 r.....................................      682,422   -1,167,377     -484,955       -7,158     -4,245     72,633    -423,725     281,215    -253,544       27,671      -63,587     -459,641
2003 r.....................................      713,415   -1,264,307     -550,892      -11,981    -11,475     77,433    -496,915     320,568    -275,147       45,421      -70,607     -522,101
2004 r.....................................      807,516   -1,477,094     -669,578      -13,518    -14,275     85,279    -612,092     401,942    -345,585       56,357      -84,414     -640,148
2005 r.....................................      894,631   -1,681,780     -787,149      -10,536    -12,945     96,259    -714,371     505,488    -457,430       48,058      -88,535     -754,848
2006 r.....................................    1,023,109   -1,861,380     -838,271      -13,942    -10,636    104,327    -758,522     650,462    -613,823       36,640      -89,595     -811,477
 
2004:I r...................................      194,110     -345,176     -151,066       -3,018     -3,199     21,246    -136,036      93,308     -74,241       19,067      -22,972     -139,941
      II r.................................      200,045     -365,168     -165,123       -3,317     -3,443     21,281    -150,603      97,581     -84,294       13,287      -21,371     -158,687
      III r................................      203,835     -373,498     -169,663       -3,464     -3,831     20,356    -156,603     102,741     -86,938       15,803      -17,273     -158,073
      IV r.................................      209,526     -393,252     -183,726       -3,719     -3,803     22,396    -168,852     108,311    -100,112        8,199      -22,799     -183,452
 
2005:I r...................................      214,391     -398,781     -184,390       -2,724     -4,140     24,612    -166,641     115,351    -102,877       12,474      -28,225     -182,392
      II r.................................      223,068     -411,592     -188,524       -2,699     -2,769     23,321    -170,670     121,333    -109,529       11,804      -24,372     -183,238
      III r................................      224,320     -423,638     -199,318       -2,211     -2,858     23,436    -180,952     129,873    -113,308       16,565       -9,019     -173,406
      IV r.................................      232,852     -447,769     -214,917       -2,902     -3,179     24,889    -196,109     138,931    -131,716        7,215      -26,915     -215,809
 
2006:I r...................................      243,880     -451,637     -207,757       -3,195     -3,075     24,315    -189,712     148,391    -137,929       10,462      -21,360     -200,611
      II r.................................      252,458     -463,734     -211,276       -3,549     -3,111     25,359    -192,577     162,020    -151,352       10,668      -23,686     -205,595
      III r................................      260,285     -479,184     -218,899       -3,888     -2,456     25,936    -199,307     167,026    -161,177        5,850      -23,877     -217,334
      IV r.................................      266,486     -466,825     -200,339       -3,310     -1,995     28,718    -176,926     173,025    -163,365        9,661      -20,673     -187,938
 
2007:I p...................................      270,116     -470,983     -200,867       -3,498     -1,645     29,222    -176,788     177,523    -167,167       10,356      -26,148     -192,581
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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.
    Note.--Data reflect annual 
revisions released on June 15, 2007.
    See p. 37 for continuation of 
table.