The U.S. Current Account
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.