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    Home»Economy»The current account deficit of the United States decreases in the second quarter of the year
    Economy

    The current account deficit of the United States decreases in the second quarter of the year

    September 24, 20251 Min Read
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    The current account deficit of the United States decreases in the second quarter of the year

    In the US, the current account deficit has decreased by 42.9 % in the second quarter of the year to $ 251.3 billion.

    The US Department of Commerce has announced the data of the current account balance in April to June. Accordingly, the current account deficit of the country, in the second quarter of this year compared to the previous quarter has decreased by 42.9 % to $ 251.3 billion. During this period, the current account deficit has dropped to the lowest level since the last quarter of 2023, the deficit of $ 259 billion. Current account deficit data published in the United States in the first quarter of the year was revised from $ 450.2 billion to $ 439.8 billion. The country's current deficit rate for GDP is calculated by 3.3 % in the second quarter of the year. The ratio is 5.9 percent in the first quarter of the year. In the decline of current account deficit, the reduction of deficit in foreign trade of the United States is effective.

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