US Current Account Deficit Widens 15.7% to $246 Billion in Q2 on Import Surge
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The Economic Times
Times of IndiaUS current account deficit widens 15.7% to $246 billion in Q2 on import surge
In the second quarter, the US current account deficit increased by $33.4 billion, reaching $246.0 billion. The rise in imports of goods was substantial, outpacing the growth in exports significantly. The goods trade deficit widened to $291.3 billion after a notable increase in imports. Additionally, the primary income balance narrowed, indicating changes in international financial flows. The nation's international investment position also deteri…
The US current account deficit increased by 15.7 percent to $246 billion in the second quarter of the year, driven by expansion in goods trade. The deficit, which was lower than expected, rose to 3 percent of GDP.
According to U.S. Commerce Department data, the current account deficit rose 15.7 percent in the second quarter of the year to $246 billion. While the ratio of the deficit to GDP was 3 percent, the expansion of the deficit in trade in goods was effective in the increase.
The US current account balance data for the second quarter of 2026 has been released. According to this, the country's current account balance showed a deficit of $246 billion in the second quarter. Market expectations were for a current account deficit of $255 billion...
The US current-account deficit resulting from international economic transactions expanded by $33.4 billion, or 15.7%, in the second quarter of 2026, according to statistics released by the US Bureau of Economic Analysis today Thursday. The second quarter deficit represented 3.0% of GDP at current prices, higher than the 2.7% recorded in the quarter [...].
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