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U.S. international transactions in 1996
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Abstract
After stabilizing in 1995, the U.S. current account deficit widened in 1996 to 165billion.Thedeficitincreasedsharplyinthefirstthreequartersoftheyear,but,becauseofstrongexportgrowth,narrowedsignificantlyinthefourthquarter.Thewideningofthedeficitby17 billion was the net result of moderate-to-strong growth in all the key components of the current account: exports and imports of goods and services, income from U.S. and foreign portfolio and direct investments, and net unilateral transfers.Investments, Foreign ; International economic relations ; International trade