The deficit represented 2.9% of ‍gross domestic product, the smallest since the first quarter of 2020 and down from 3.3% in ...

In Then and Now: A Look Back and Ahead at the Federal Budget (NBER Working Paper 34455), Alan J. Auerbach and William Gale develop fiscal projections that incorporate the recently enacted One Big ...

The current account deficit represents a fiat currency imbalance between the imports and exports of a country. It happens ...

WASHINGTON (Reuters) -The U.S. current account deficit contracted in the fourth quarter, but the improvement could be temporary as goods imports surged to a record high in January, driven by ...

The U.S. Current Account deficit narrowed 43% to -$251.3B in Q2 2025 from -$439.8B prior (revised from -$450.2B) in Q1, as tariffs depressed imports, according to data released by the U.S. Bureau of ...

MUMBAI: The Reserve Bank has said the current account deficit (CAD), which is the gap between forex earned through exports and spending on imports, narrowed to $12.3 billion or 1.3% of GDP in the ...