Current Account Deficit Narrows to $208.7B in 1Q

Ackerman, Andrew
June 2006
Bond Buyer;6/19/2006, Vol. 356 Issue 32405, p2
Trade Publication
The article reports on the situation of trade deficit in the U.S. In an information released by the Commerce Department, the trade deficit on a current account basis has narrowed down from record levels. The reversal was partly contributed to some factors such as the decrease in net unilateral current transfers, decrease in deficit foods, and decrease in the surplus on services.


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