U.S. Current-Account Deficit Widens in Q1 2022
The Bureau of Economic Analysis says the U.S. current-account deficit, (reflecting the combined balances on trade in goods & services and income flows between U.S. residents and residents of other countries) widened by $ 66.6 billion, or 29.6%, to $ 291.4 billion in Q1, 2022. The BEA says this widening mostly reflected an increased deficit on goods.
Click here to read the full report at the Bureau of Economic Analysis.
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