Monetary Policy Report submitted to the Congress on July 18, 2007, pursuant to section 2B of the Federal Reserve Act
| Period | U.S. trade account balance |
U.S. current account balance |
|---|---|---|
| 1999:Q1 | -2.4 | -2.8 |
| 1999:Q2 | -2.8 | -3.1 |
| 1999:Q3 | -3.1 | -3.5 |
| 1999:Q4 | -3.2 | -3.6 |
| 2000:Q1 | -3.7 | -4.1 |
| 2000:Q2 | -3.7 | -4.1 |
| 2000:Q3 | -3.9 | -4.4 |
| 2000:Q4 | -4.1 | -4.5 |
| 2001:Q1 | -3.9 | -4.3 |
| 2001:Q2 | -3.5 | -3.9 |
| 2001:Q3 | -3.6 | -3.6 |
| 2001:Q4 | -3.4 | -3.4 |
| 2002:Q1 | -3.6 | -4.0 |
| 2002:Q2 | -4.0 | -4.4 |
| 2002:Q3 | -4.1 | -4.4 |
| 2002:Q4 | -4.5 | -4.7 |
| 2003:Q1 | -4.7 | -5.0 |
| 2003:Q2 | -4.6 | -4.8 |
| 2003:Q3 | -4.5 | -4.7 |
| 2003:Q4 | -4.5 | -4.5 |
| 2004:Q1 | -4.8 | -4.9 |
| 2004:Q2 | -5.2 | -5.4 |
| 2004:Q3 | -5.3 | -5.4 |
| 2004:Q4 | -5.6 | -6.1 |
| 2005:Q1 | -5.5 | -6.0 |
| 2005:Q2 | -5.5 | -5.9 |
| 2005:Q3 | -5.8 | -5.5 |
| 2005:Q4 | -6.2 | -6.8 |
| 2006:Q1 | -5.8 | -6.2 |
| 2006:Q2 | -5.8 | -6.2 |
| 2006:Q3 | -6.0 | -6.5 |
| 2006:Q4 | -5.3 | -5.6 |
| 2007:Q1 | -5.2 | -5.7 |
|
Note: The data are quarterly and extend through 2007:Q1. Source: Department of Commerce. |