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US 2Q Current Account Deficit Jumps to US$170.5B, Notching 12-yr High
The US Department of Commerce announced that the country's current account deficit jumped to US$170.5 billion in the second quarter of 2020, bigger than the revised data for th...
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<US Data>US 2Q Current Account Deficit Jumps to US$170.5B, Notching 12-yr High
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2020/09/19 10:01
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The US Department of Commerce announced that the country's current account deficit jumped to US$170.5 billion in the second quarter of 2020, bigger than the revised data for the first quarter of US$111.5 billion shortfall and the street consensus of US$157.9 billion. The second-quarter deficit was the largest since the third quarter of 2008 when the economy was amidst financial tsunami.
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