蝙蝠侠有猫女的:U.S. current account deficit falls 9.7% in Q4

14:06, March 17, 2011      
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The U.S. current account trade deficit fell 9.7 percent to 113.3 billion U.S. dollars in the last quarter of 2010, the smallest imbalance since the end of 2009, the Commerce Department reported Wednesday.
Current account is the broadest measure of foreign trade because it measures not only trade in goods and services, which are tracked by the government on a monthly basis, but also investment flows between countries.
According to the government report, the current account deficit in the October-December period reflected stronger U.S. exports.
In the third quarter of 2010, the current account deficit was revised to 125.5 billion dollars.
For all of 2010, the current account deficit increased to 470.2 billion dollars from a revised 378.4 billion dollars in 2009, the first annual increase in the deficit since 2006.
As the global economic recovery strengthened, U.S. goods exported in the last quarter in 2010 increased to 342.3 billion dollars from 323.5 billion dollars in the previous quarter. Imports increased to 498.5 billion dollars from 494.4 billion dollars.
In the fourth quarter, U.S. services export recorded a surplus of 39.5 billion dollars from 38.2 billion dollars in the third quarter.
The devastating earthquake in Japan is expected to have only a modest impact on the trade deficit this year. It will likely lower imports from Japan at least temporarily while boosting U.S. exports of goods needed in the rebuilding effort.
Source: Xinhua
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