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The U.S. current-account deficit decreased to $130.4 billion (preliminary) in the first quarter of 2019 from $143.9 billion (revised) in the fourth quarter of 2018. As a percentage of U.S. gross domestic product, the deficit decreased to 2.5 percent from 2.8 percent. The previously published current-account deficit for the fourth quarter was $134.4 billion.
| Gross Domestic Product | Q1 2019 | +3.1% |
| Personal Income | April 2019 | +0.5% |
| International Trade in Goods & Services (Trade Balance) | April 2019 | -$50.8B |
| U.S. International Transactions (Current Account Balance) | Q1 2019 | -$130.4B |
The U.S. current-account deficit decreased to $130.4 billion (preliminary) in the first quarter of 2019 from $143.9 billion (revised) in the fourth quarter of 2018. As a percentage of U.S. gross domestic product, the deficit decreased to 2.5 percent from 2.8 percent. The previously published current-account deficit for the fourth quarter was $134.4 billion.
For the first time, approved academics and other researchers will be able to access the Bureau of Economic Analysis’ confidential, company-specific trade and investment data from secure locations around the country, making it more convenient for them to do research.
The U.S. monthly international trade deficit decreased in April 2019 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit decreased from $51.9 billion in March (revised) to $50.8 billion in April, as imports decreased more than exports. The previously published March deficit was $50.0 billion. The goods deficit decreased $1.0 billion in April to $71.7 billion. The services surplus increased $0.1 billion in…
Personal income increased 0.5 percent in April after increasing 0.1
percent in March. Wages and salaries, the largest component of personal income, increased 0.3
percent in April after increasing 0.4 percent in March.
Real gross domestic product increased 3.1 percent in the first quarter of 2019, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.1 percentage point lower than the “advance” estimate released in April. In the fourth quarter of 2018, real GDP rose 2.2 percent.
