Economic Statistics Briefing Room
Employment Income International Money Output Prices Production Transportation SSBR


CHART: Balance on Current Account
CHART: Balance on Current Account

Balance on Current Account

In the third quarter of 2003, the U.S. current-account on international transactions deficit decreased to $135.0 billion.

Previous
-$139.4

2nd Quarter 2003
(billions of dollars)


Current
-$135.0

3rd Quarter 2003
(billions of dollars)
Provided by Bureau of Economic Analysis as of December 16, 2003.
CHART: Monthly trade balance
CHART: Monthly trade balance

U.S. International Trade in Goods and Services

The Nation’s international deficit in goods and services increased to $489.4 billion in 2003, from $418.0 billion in 2002.

Previous
-418.0

2002
$ billion


Current
-489.4

2003
$ billion
Provided by U.S. Bureau of the Census as of February 17, 2004.
CHART: International R&D/GDP Ratios
CHART: International R&D/GDP Ratios

R&D Expenditures as a percent of GDP
R&D Expenditures as a percent of GDP

The U.S. ratio of R&D to Gross Domestic Product increased to 2.63% in 1999, but remained at a level less than Japan (2.94%) and more than Germany (2.44% ).

Previous
2.63%

1999


Current
2.69%

2000 (preliminary)
Provided by National Science Foundation, SRS as of March 2003.
CHART: Monthly Crude Oil and Petroleum Product Imports
CHART: Monthly Crude Oil and Petroleum Product Imports

Net Oil Imports
Includes crude oil and petroleum products net of exports.


Previous
10.16

October, 2003
Million Barrels per Day


Current
9.48

November, 2003
Million Barrels per Day
Provided by Energy Information AdministrationDAS / Monthly Energy Review as of February 18, 2004.

Employment Income International Money Output Prices Production Transportation SSBR