Monetary Policy Report submitted to the Congress on February 27, 2008, pursuant to section 2B of the Federal Reserve Act
| Period | U.S. trade account balance | U.S. current account balance |
|---|---|---|
| 1999:Q1 | -2.37 | -2.79 |
| 1999:Q2 | -2.77 | -3.14 |
| 1999:Q3 | -3.07 | -3.47 |
| 1999:Q4 | -3.21 | -3.59 |
| 2000:Q1 | -3.74 | -4.11 |
| 2000:Q2 | -3.70 | -4.06 |
| 2000:Q3 | -3.94 | -4.39 |
| 2000:Q4 | -4.09 | -4.45 |
| 2001:Q1 | -3.90 | -4.29 |
| 2001:Q2 | -3.52 | -3.85 |
| 2001:Q3 | -3.56 | -3.61 |
| 2001:Q4 | -3.44 | -3.45 |
| 2002:Q1 | -3.63 | -4.04 |
| 2002:Q2 | -3.99 | -4.44 |
| 2002:Q3 | -4.10 | -4.41 |
| 2002:Q4 | -4.46 | -4.66 |
| 2003:Q1 | -4.66 | -5.05 |
| 2003:Q2 | -4.57 | -4.80 |
| 2003:Q3 | -4.45 | -4.71 |
| 2003:Q4 | -4.46 | -4.51 |
| 2004:Q1 | -4.77 | -4.91 |
| 2004:Q2 | -5.19 | -5.47 |
| 2004:Q3 | -5.32 | -5.37 |
| 2004:Q4 | -5.65 | -6.14 |
| 2005:Q1 | -5.48 | -6.00 |
| 2005:Q2 | -5.54 | -5.95 |
| 2005:Q3 | -5.76 | -5.52 |
| 2005:Q4 | -6.17 | -6.79 |
| 2006:Q1 | -5.85 | -6.19 |
| 2006:Q2 | -5.86 | -6.25 |
| 2006:Q3 | -6.01 | -6.55 |
| 2006:Q4 | -5.28 | -5.61 |
| 2007:Q1 | -5.27 | -5.82 |
| 2007:Q2 | -5.21 | -5.49 |
| 2007:Q3 | -4.98 | -5.11 |
| 2007:Q4 | -5.11 | ND |
Note: The data are quarterly. For the trade account, the data extend through 2007:Q4; for the current account, they extend through 2007:Q3.
Source: Department of Commerce.
ND No data. Return to table