Current Account Balance (Summary of International Transactions)
Market Sensitivity: Low to medium.
What Is It: The broadest accounting of America's trade and investment relationship with the rest of the world.
News Release on Internet: www.bea.doc.gov/bea/rels.htm
Home Web Address: www.bea.doc.gov
Release Time: 8:30 A.M. (ET); data is released two and a half months after the reference quarter ends.
Frequency: Quarterly.
Source: Bureau of Economic Analysis, Commerce Department.
Revisions: Usually moderate. Annual benchmark changes are made in June.
Why Is It Important
The explosion in world trade over the last several decades has fundamentally altered the U.S. economic landscape. More than 12 million American jobs are now tied to the exports ...
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