Monday, Sep 18, 2006

US current account defecit firmly in the red

BBC News: Costly oil pushes up US deficit

Record oil import costs have pushed the US current account deficit to $218.4bn (116.3bn) in the second quarter, a 2.4% increase on the previous period. The deficit is the broadest measure of US global trade, including investment flows and trade in goods and services.

Posted by webmaster @ 07:24 PM (569 views)
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