July-September Current Account Deficit

In the September quarter, services exports hit $83.4 billion while services imports eased to $43.4 billion, leading to a services trade surplus of $40 billion

The median forecast of 18 economists in a Dec. 5-14 Reuters poll was for a $35.5 billion current account deficit in the July-September quarter, or 4.3% of GDP, the most in nearly a decade

The current merchant trade balance during the period was $32.8 bn