Trends in Quarterly Current Account Balance in the US
United States| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The quarterly current account is a component of the United States' balance of payments, representing the sum of the trade balance (the difference between exports and imports), the income balance (the difference between income received from abroad and payments made abroad), and current transfers (government and personal remittances). This data is published quarterly by the U.S. Bureau of Economic Analysis (BEA) and is crucial for assessing the health of the balance of payments and the competitiveness of the economy.
A current account surplus indicates that the U.S. receives more income from abroad than it spends, leading to an increase in foreign exchange reserves, which is a positive factor for the economy. Conversely, a current account deficit means that expenditures abroad exceed income from abroad, leading to a decrease in foreign exchange reserves, which can indicate economic imbalance.
This data serves as a reference for policymakers when adjusting international balance of payments and exchange rate policies. It is also an essential source of information for businesses and investors for understanding trends in the balance of payments and forecasting economic conditions.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
