Thursday, December 15, 2011

[IWS] BEA: U.S. International Transactions: Third Quarter 2011 [15 December 2011]

IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor----------------------
Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau


U.S. International Transactions: Third Quarter 2011 [15 December 2011]


[full-text, 7 pages]







Current Account


The U.S. current-account  deficit—the combined balances on trade in goods and services,

income, and net unilateral current transfers—decreased to $110.3 billion (preliminary) in the

third quarter of 2011, from $124.7 billion (revised) in the second quarter.  More than half of

the decrease reflected a decrease in the deficit on goods.  A decrease in net unilateral current

transfers and increases in the surpluses on services and on income also contributed.


AND MUCH MORE...including TABLES....


This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
Telephone: (607) 262-6041               
Fax: (607) 255-9641                       



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