[Economic Indicators April, 2008] [Page Number 36] [From the U.S. Government Publishing Office, www.gpo.gov] U.S. INTERNATIONAL TRANSACTIONS In the fourth quarter of 2007, the goods deficit rose to $208.1 billion, from $200.5 billion in the third quarter. The current account deficit fell to $172.9 billion in the fourth quarter, from $177.4 billion in the third quarter. ________________________________________________________________________________________________________________________________________________ [Millions of dollars; quarterly data seasonally adjusted. Credits (+), debits (-)] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 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 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1998....................................... 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....................................... 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....................................... 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....................................... 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....................................... 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....................................... 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....................................... 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....................................... 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....................................... 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 2007 p..................................... 1,149,208 -1,964,577 -815,370 -17,105 2,186 121,773 -708,515 782,229 -707,913 74,316 -104,438 -738,638 2005:I..................................... 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................................... 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.................................. 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................................... 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..................................... 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................................... 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.................................. 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................................... 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 .................................... 269,289 -471,001 -201,712 -3,665 -1,960 28,717 -178,620 176,151 -168,723 7,428 -27,009 -198,201 II .................................. 278,511 -483,570 -205,059 -4,141 -309 30,038 -179,472 195,394 -182,811 12,583 -23,169 -190,058 III ................................. 297,118 -497,665 -200,547 -4,299 1,329 30,948 -172,570 206,428 -185,091 21,337 -26,211 -177,444 IV p................................. 304,290 -512,341 -208,051 -4,999 3,125 32,072 -177,853 204,256 -171,287 32,970 -28,052 -172,936 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \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.