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US Data: Current Account - Details Changes>

Release for:  Third Quarter
Source: U.S. Department of Commerce
Changes in millions of U.S. dollars, seasonally adjusted
                                                        Q4-17   Q1-18   Q2-18   Q3-18
Current account
Exports of goods, services, income receipts             21396   14905   31219   -6241
  Exports of goods, services                            16809   11521   17811   -5850
    Goods                                               14125    9503   17989   -7669
      General merchandise                               14315    7784   19177   -8451
        Foods, feeds, beverages                         -2110    1239    7183   -4298
        Industrial supplies, materials                  12452    1159    9313     358
        Capital goods except auto                        2356     868    3438   -1364
        auto vehicles, parts, engines                     683    2446   -1873   -1528
        Consumer goods except food, auto                  928    1791    -316     -79
        Other general merchandise                           8     278    1434   -1540
      Net exports of goods under merchanting                9      10      11      -2
      Nonmonetary gold                                   -200    1710   -1201     785
    Services                                             2684    2017    -177    1818
      Maintenance, repair services                        527     546     183      47
      Transport                                           213     253     504    -349
      Travel (for all purposes incl education)            449      75     147     185
      Insurance services                                   47    -200       2      -5
      Financial services                                  824    -844     317     622
      Charges for use of intellectual prop                489     815   -1179     627
      Telecomm, computer, information                     167      11    -283     178
      Other business services                             390    1230    -424     620
      Government goods, services                         -420     131     555    -107
  Primary income receipts                               11308    7089   10245   -1751
    Investment income                                   11309    7068   10234   -1762
      Direct investment income                           8130    -867    5122   -3234
      Portfolio investment income                        2460    5630    2955    1136
      Other investment income                             745    2218    2280     154
      Reserve asset income                                -27      87    -122     183
    Compensation of employees                               0      21      11      11
  Secondary income (current transfer) receipts          -6721   -3704    3162    1360
Imports of goods, services, income payments             34096   20467   10733   17352
  Imports of goods, services                            31843   17684   -1572   18200
    Goods                                               29680   17927     245   16286
      General merchandise                               28995   18592     375   16492
        Foods, feeds, beverages                           482    1463      75       7
        Industrial supplies, materials                  10257    8503    4113    4095
        Capital goods except auto                        5968    1453    3571    2513
        auto vehicles, parts, engines                    1134    2296   -2735    3623
        Consumer goods except food, auto                 9400    6410   -6594    4688
        Other general merchandise                        1754   -1533    1945    1566
      Nonmonetary gold                                    684    -664    -131    -206
    Services                                             2165    -244   -1817    1914
      Maintenance, repair services                         55      34     -31     -61
      Transport                                           520     381     502     227
      Travel (for all purposes incl education)           1093     647      67     526
      Insurance services                                 -660   -2680    -200     -54
      Financial services                                  150     -96     185     147
      Charges for use of intellectual prop                672     117    -874     231
      Telecomm, computer, information                     212    -106    -343      44
      Other business services                             155    1317   -1202     809
      Government goods, services                          -31     143      78      44
  Primary income payments                                7159    8285    9072    1172
    Investment income                                    7171    8274    8991    1155
      Direct investment income                           4636    1480    3638   -1794
      Portfolio investment income                        1460    3663    1927    -236
      Other investment income                            1074    3131    3427    3184
    Compensation of employees                             -11      10      81      17
  Secondary income (current transfer) payments          -4907   -5501    3233   -2019
Capital account
Capital transfer receipts, other credits               -24788       0       0     562
Capital transfer payments, other debits                    39     -38       3    #N/A
Financial account
Net US acquisition of financial assets ex derivatives -246456  123991 -451069  332632
  Direct investment assets                             -11680 -230582   71266  144906
    Equity                                              32458 -269268  114923  124366
    Debt instruments                                   -44138   38687  -43658   20540
  Portfolio investment assets                          -87609  215793 -318366   86870
    Equity, investment fund shares                    -102632  240104 -271701  105857
    Debt securities                                     15022  -24311  -46664  -18988
      Short term                                       -33682  -12696  -25302   19090
      Long term                                         48704  -11614  -21364  -38077
  Other investment assets                             -145687  137248 -207044  104102
    Currency, deposits                                 -73638   48966  -76204   35153
    Loans                                              -70859   89116 -132932   72410
    Insurance technical reserves                         #N/A    #N/A    #N/A    #N/A
    Trade credit, advances                              -1191    -833    2092   -3461
  Reserve assets                                        -1478    1532    3075   -3245
    Monetary gold                                           0       0       0       0
    Special drawing rights                                  0       7       0      10
    Reserve position in the IMF                         -1437    1462    3209   -3424
    Other reserve assets                                  -40      63    -135     169
      Currency, deposits                                    0       0       0       0
      Securities                                          -40      63    -135     169
      Financial derivatives                                 0       0       0       0
      Other claims                                          0       0       0       0
Net US incurrence of liabilities ex derivatives       -344918  281916 -504342  214985
  Direct investment liabilities                        -68857   19699  -41450  105837
    Equity                                              -8607    8341  -27208   71950
    Debt instruments                                   -60250   11358  -14242   33887
  Portfolio investment liabilities                    -212649  219877 -280907   -8127
    Equity, investment fund shares                     -83938  157690 -154022  -95880
    Debt securities                                   -128710   62187 -126885   87754
      Short term                                        45250    6140    6081  -89964
      Long term                                       -173960   56047 -132966  177718
  Other investment liabilities                         -63413   42340 -181986  117276
    Currency, deposits                                  77215  -71457  -47893   51224
    Loans                                             -135985  106002 -129630   68356
    Insurance technical reserves                         #N/A    #N/A    #N/A    #N/A
    Trade credit, advances                              -4641    7794   -4462   -2306
    Special drawing rights allocations                      0       0       0       0
Financial derivatives other than reserves,net          -17823   28247  -45993    4714
Statistical discrepancy
Statistical discrepancy                                118167 -124154  -13203  145387
Balances
Balance on current account                             -12701   -5562   20486  -23593
  Balance on goods, services                           -15035   -6163   19383  -24050
    Balance on goods                                   -15555   -8424   17744  -23954
    Balance on services                                   519    2261    1640     -96
  Balance on primary income                              4149   -1196    1173   -2923
  Balance on secondary income                           -1814    1796     -70    3380
Balance on capital account                             -24827      38      -3     567
Net lending/borrowing, current-, capital-account       -37528   -5524   20483  -23025
Net lending/borrowing, financial-account transactions   80639 -129678    7280  122361
  ** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDT$]

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