[Economic Indicators August, 2008] [Page Number 36] [From the U.S. Government Publishing Office, www.gpo.gov] U.S. INTERNATIONAL TRANSACTIONS In the first quarter of 2008, the goods deficit rose to $211.0 billion, from $208.9 billion in the fourth quarter. The current account deficit rose to $176.4 billion in the first quarter, from $167.2 billion in the fourth quarter. ________________________________________________________________________________________________________________________________________________ [Millions of dollars; quarterly data seasonally adjusted. Credits (+), debits (-)] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Goods \1\ Services Income receipts and payments -------------------------------------------------------------------------- ------------------------------------- Net Balance on Unilateral Balance on Period Net travel Other goods and current current Exports Imports Balance on military and trans- services, services Receipts Payments Balance on transfers, account goods trans- porta- net income net \3\ actions \2\ tion ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1998....................................... 670,416 -918,637 -248,221 5,220 10,210 66,651 -166,140 261,819 -257,554 4,265 -53,187 -215,062 1999....................................... 683,965 -1,031,784 -347,819 2,593 7,085 73,051 -265,090 293,925 -280,037 13,888 -50,428 -301,630 2000....................................... 771,994 -1,226,684 -454,690 317 2,486 72,052 -379,835 350,918 -329,864 21,054 -58,645 -417,426 2001....................................... 718,712 -1,148,231 -429,519 -2,296 -3,254 69,943 -365,126 290,797 -259,075 31,722 -51,295 -384,699 2002 ...................................... 682,422 -1,167,377 -484,955 -7,158 -4,245 72,633 -423,725 280,942 -253,544 27,398 -64,948 -461,275 2003 ...................................... 713,415 -1,264,307 -550,892 -11,981 -11,475 77,433 -496,915 320,456 -275,147 45,309 -71,794 -523,400 2004 ...................................... 807,516 -1,477,094 -669,578 -13,518 -14,275 89,640 -607,730 413,739 -346,519 67,219 -84,482 -624,993 2005 ...................................... 894,631 -1,681,780 -787,149 -10,536 -13,006 99,124 -711,567 535,263 -462,905 72,358 -89,784 -728,993 2006 ...................................... 1,023,109 -1,861,380 -838,270 -13,602 -10,788 109,377 -753,283 685,150 -627,956 57,194 -92,027 -788,116 2007 ...................................... 1,148,481 -1,967,853 -819,373 -16,768 2,181 133,702 -700,258 817,779 -736,030 81,749 -112,705 -731,214 2005:I .................................... 214,857 -399,862 -185,005 -2,724 -4,155 25,886 -165,997 124,653 -104,069 20,584 -28,644 -174,057 II .................................. 223,728 -412,411 -188,683 -2,699 -2,791 23,442 -170,729 128,487 -110,615 17,872 -24,964 -177,821 III ................................. 223,603 -422,752 -199,149 -2,211 -2,884 23,899 -180,345 136,138 -115,595 20,543 -9,090 -168,892 IV .................................. 232,443 -446,754 -214,312 -2,902 -3,177 25,893 -194,497 145,986 -132,627 13,358 -27,085 -208,223 2006:I .................................... 244,679 -453,286 -208,607 -3,121 -2,853 25,493 -189,087 155,683 -141,031 14,652 -21,516 -195,952 II .................................. 253,332 -465,016 -211,684 -3,482 -2,885 26,209 -191,841 170,011 -153,960 16,051 -24,116 -199,906 III ................................. 259,277 -477,900 -218,623 -3,641 -2,622 27,414 -197,471 176,251 -164,969 11,282 -24,716 -210,906 IV .................................. 265,821 -465,178 -199,356 -3,358 -2,429 30,258 -174,885 183,205 -167,996 15,209 -21,679 -181,355 2007:I .................................... 270,318 -473,681 -203,363 -3,286 -1,587 28,692 -179,543 186,746 -173,959 12,787 -30,174 -196,930 II .................................. 279,488 -485,375 -205,887 -4,085 -806 31,960 -178,819 202,171 -192,492 9,679 -24,953 -194,093 III ................................. 295,494 -496,698 -201,204 -4,251 1,064 36,276 -168,114 213,520 -190,562 22,958 -27,796 -172,952 IV .................................. 303,180 -512,099 -208,919 -5,146 3,509 36,773 -173,783 215,343 -179,016 36,327 -29,784 -167,241 2008:I p................................... 317,813 -528,845 -211,032 -4,715 2,719 38,108 -174,920 199,457 -169,686 29,771 -31,227 -176,376 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \1\ Adjusted from Census data for differences in timing and coverage; excludes military. \2\ Transfers under U.S. military agency sales contracts (exports) minus direct defense expenditures (imports). \3\ Includes transfers of goods and services under U.S. military grant programs. See p. 37 for continuation of table.