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The U.S. Current Account

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The U.S. current account, a broad measure of our trade position, showed a $166.4 billion deficit in 1997. Most analysts expect the current account deficit to widen this year and next, for the reasons suggested on the previous page.

Suggested citation: “The U.S. Current Account,” Federal Reserve Bank of Cleveland, Economic Trends, no. 98-04, pp. 19, 04.01.1998.

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