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U.S. International Transactions 1st Quarter 2023 and Annual Update


The U.S. current-account deficit widened by $3.1 billion, or 1.5 percent, to $219.3 billion in the first quarter of 2023, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised fourth-quarter deficit was $216.2 billion. The first-quarter deficit was 3.3 percent of current-dollar gross domestic product, up less than 0.1 percent from the fourth quarter. Full Text
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