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2018-03-23 08:20:00

U.S. DEFICIT UP TO $128.2 BLN

U.S. DEFICIT UP TO $128.2 BLN

BEAThe U.S. current-account deficit increased to $128.2 billion (preliminary) in the fourth quarter of 2017 from $101.5 billion (revised) in the third quarter, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.6 percent of current- dollar gross domestic product (GDP) in the fourth quarter, up from 2.1 percent in the third quarter.

The $26.7 billion increase in the current-account deficit mostly reflected increases in the deficits on goods and secondary income and a decrease in the surplus on primary income.

Exports of goods and services and income receipts 

Exports of goods and services and income receipts increased $16.6 billion in the fourth quarter to $878.8 billion. 

* Goods exports increased $14.2 billion to $400.7 billion, mostly reflecting an increase in industrial supplies and materials, primarily petroleum and products.

* Primary income receipts increased $6.0 billion to $243.9 billion, mostly reflecting increases in direct investment income and in portfolio investment income.

* Secondary income receipts decreased $5.9 billion to $35.3 billion, partly offsetting the increases in goods exports and in primary income receipts. The decrease in secondary income receipts mostly reflected a decrease in U.S. government transfers, primarily fines and penalties.

Imports of goods and services and income payments 

Imports of goods and services and income payments increased $43.3 billion to $1,006.9 billion. 

* Goods imports increased $33.1 billion to $614.9 billion, mostly reflecting increases in industrial supplies and materials, primarily petroleum and products, and in consumer goods except food and automotive. 

* Primary income payments increased $7.3 billion to $186.7 billion, primarily reflecting an increase in direct investment income. 

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Earlier:

 N.America
2018, March, 21, 12:40:00

U.S. GAS EXPORT - 2017

EIA - The United States exported more natural gas than it imported in 2017, marking the first time since 1957 that the United States has been a net natural gas exporter. The transition to net exporter occurred as natural gas production in the United States continued to grow, reducing pipeline imports from Canada and increasing exports, both by pipeline and as liquefied natural gas (LNG).

 

 N.America
2018, March, 18, 11:10:00

U.S. INDUSTRIAL PRODUCTION UP 1.1%

FRB - Industrial production rose 1.1 percent in February following a decline of 0.3 percent in January. Manufacturing production increased 1.2 percent in February, its largest gain since October. Mining output jumped 4.3 percent, mostly reflecting strong gains in oil and gas extraction.

 

 N.America
2018, March, 16, 10:20:00

U.S. OIL PRODUCTION UP 5%

EIA - Annual average U.S. crude oil production grew by 463,000 barrels per day (b/d) in 2017 to 9.3 million b/d after declining by 551,000 b/d in 2016.

 

 N.America
2018, March, 16, 10:15:00

U.S. PETROLEUM DEMAND: 20.3 MBD

API - Led by gasoline and seasonal demand for heating fuels, U.S. petroleum demand hit 20.3 million barrels per day (MBD) in February. Demand was up by more than a million barrels per day from February of last year, nearing record highs not seen for more than a decade.

 

 N.America
2018, March, 11, 11:20:00

U.S. UNEMPLOYMENT RATE 4.1%

U.S. BLS - Total nonfarm payroll employment increased by 313,000 in February, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in construction, retail trade, professional and business services, manufacturing, financial activities, and mining.

 

 N.America
2018, March, 9, 13:05:00

U.S. DEFICIT UP TO $56.6 BLN

BEA - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $56.6 billion in January, up $2.7 billion from $53.9 billion in December, revised.

 

 N.America
2018, March, 4, 10:35:00

U.S. GDP UP 2.5%

BEA - Real gross domestic product (GDP) increased at an annual rate of 2.5 percent in the fourth quarter of 2017, according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent.

Tags: USA, ECONOMY, FINANCE
U.S. DEFICIT UP TO $128.2 BLN October, 19, 11:30:00

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Chronicle:

U.S. DEFICIT UP TO $128.2 BLN
2018, October, 19, 11:00:00

NORWAY'S GAS FOR BRITAIN

PLATTS - Norwegian natural gas exports to the UK jumped to their highest in six months Wednesday as consistently high UK prices incentivized flows normally only reserved for wintry periods.

U.S. DEFICIT UP TO $128.2 BLN
2018, October, 19, 10:55:00

UZBEKISTAN'S NUCLEAR: $11 BLN

AZERNEWS - The estimated cost of construction of nuclear power plant of Russian design in Uzbekistan will be about $ 11 billion, the launch of the first power unit has been planned for 2028, the Aide to the President of the Russian Federation Yury Ushakov said.

U.S. DEFICIT UP TO $128.2 BLN
2018, October, 19, 10:50:00

IRANIAN GAS: 1 BLN CMD

SHANA - Managing Director of the Iranian Gas Engineering and Development Company (IGEDC) Hassan Montazer Torbati said the supply of one billion cubic meters per day of natural gas by National Iranian Gas Company (NIGC) was one of the goals of the company by 2021.

U.S. DEFICIT UP TO $128.2 BLN
2018, October, 19, 10:45:00

CHINA - BELGIUM NUCLEAR

WNN - China and Belgium have signed a framework agreement on cooperation in the peaceful use of nuclear energy. The agreement was one of several accords signed in Brussels yesterday during a meeting between Chinese Premier Li Keqiang and Belgian Prime Minister Charles Michel.

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