The Limited Times

Now you can see non-English news...

The rise in the US current account deficit to its highest level in 12 months

2020-09-18T14:26:21.741Z


Washington - SANA The US current account deficit rose to its highest level in the second quarter of the current year


Washington-SANA

The US current account deficit rose to its highest level in the second quarter of this year.

Reuters quoted the US Department of Commerce as saying today that "the deficit of the current account balance, which measures the flow of goods, services and investments into the United States and abroad, increased by 52.9 percent to 170.5 billion dollars in the second quarter, the highest level since the third quarter of 2008."

The deficit exceeded the expectations of economists, who were likely to rise to 157.9 billion dollars in the period between April and last June.

Source: sena

All business articles on 2020-09-18

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.