Learn more about the factors impacting the federal budget deficit, how it's calculated, and whether you should be concerned. The Deficit As a Percentage of GDP While debt is sometimes measured as a dollar amount, it's often measured as a percentage of the country's gross domestic product (...
The United States is able to borrow enough to pay for its trade deficit because of the demand forU.S. Treasury notes. The federal government guarantees U.S. Treasury notes, so investors consider them the safest investment in the world. ...
1995. "The U.S. Current Account: The Other Deficit." Federal Reserve Bank of Kansas City Economic Review, vol. 3rd quarter:11-24.Hakkio, C.S. (1995) The US Current Account: The Other Deficit. Economic Review, Federal Reserve Bank of Kansas City, Vol. 80, 11-24....
US Current Account Gap Highest in 7 Quarters The US current account deficit increased by $15.8 billion to $237.6 billion in the first quarter of 2024, equivalent to 3.4% of GDP, and falling short of market expectations of a $206.4 billion gap. The primary income surplus declined to $12.3 ...
- 《Working Papers U.s.federal Reserve Boards International Finance Discussion Papers》 被引量: 426发表: 2006年 Current Account Deficits in Industrial Countries: The Bigger They Are, The Harder They Fall? There are a number of worrisome features of the U.S. current account deficit. In ...
NASA: It is an acronym for National Aeronautics and Space Administration is an independent agency of the United States Federal Government responsible for the civilian space program, as well as aeronautics and aerospace research. NASA’s latest planet-hunting probe has discovered a new world outside...
Imports have slowed as businesses assess their inventory needs amid cooling domestic demand against the backdrop of the Federal Reserve's aggressive interest rate increases. A smaller trade deficit has helped to boost economic growth for three straight quarters. ...
(2005) ‘The Global Saving Glut and the U.S. Current Account Deficit’, The Sandridge Lecture, Virginia Association of Economics. Richmond, VA. Lecture available at: http://www.federalreserve.gov/boarddocs/speeches/2005/200503102/default.htm. Google Scholar Blanchard, O., Dell’Ariccia, G...
"But eventually the growth in their per capita incomes will no longer require external stimulus and imports will increase, reducing their current account surplus. The solution to the US deficit is thus to be found in the growth in foreign employment and per capita incomes—and would require an...
An alternative explanation, famously asserted by chairman of the US Federal Reserve Benjamin Bernanke, is that a "global savings glut" has caused foreign investments to flow into the United States. This has caused the dollar and other asset prices to rise, allowing the U...