The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, widened by $0.9 billion, or 0.5 percent, to $190.3 billion in the second quarter of 2021, according to statistics from the U.S. Bureau of Economic Analysis (BEA). The revised first quarter deficit was $189.4 billion. The second quarter deficit was 3.3 percent of current dollar gross domestic product, down from 3.4 percent in the first quarter. The $0.9 billion widening of the current account deficit in the second quarter mainly reflected ... (full story)