U.S. Current-Account Deficit Expanded to $226.8 Billion in Q1 2026

The U.S. current-account deficit grew by $5.8 billion, or 2.6 percent, reaching $226.8 billion in the first quarter of 2026. This deficit now represents 2.9 percent of the current-dollar gross domestic product, a slight increase from the previous quarter. The widening deficit indicates that the U.S. is importing more goods, services, and capital than it is exporting.