U.S. Current-Account Deficit Widens in Second Quarter 2026

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-23
Category: finance
Source: U.S. Bureau of Economic Analysis (BEA)

The U.S. current-account deficit, reflecting international economic transactions, widened by $33.4 billion, or 15.7 percent, to $246.0 billion in the second quarter of 2026. This deficit now represents 3.0 percent of current-dollar gross domestic product, an increase from 2.7 percent in the first quarter. Additionally, the U.S. goods and services trade deficit increased in August 2026 to $105.6 billion.

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