CHART: Balance on Current Account
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Balance on Current Account
In the first quarter of 2004, the U.S. current-account on international transactions deficit increased to $144.9 billion.
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Previous
-$127.0
4th Quarter 2003
(billions of dollars)
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Current
-$144.9
1st Quarter 2004
(billions of dollars)
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Provided by
Bureau of Economic Analysis as of June 18, 2004.
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CHART: Monthly trade balance
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U.S. International Trade in Goods and Services
The Nation’s international deficit in goods and services decreased to $50.1 billion in July, from $55.0 billion (revised) in June, as exports increased and imports decreased.
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Previous
-55.0
June 2004
$ billion
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Current
-50.1
July 2004
$ billion
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Provided by
U.S. Census Bureau as of September 10, 2004.
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CHART: International R&D;/GDP Ratios
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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% ).
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Previous
2.63%
1999
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Current
2.69%
2000 (preliminary)
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Provided by
National Science Foundation, SRS as of March 2003.
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CHART: Monthly Crude Oil and Petroleum Product Imports
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Net Oil Imports
Includes crude oil and petroleum products net of exports.
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Previous
10.06
April, 2004
Million Barrels per Day
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Current
10.32
May, 2004
Million Barrels per Day
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Provided by
Energy Information Administration / Monthly Energy Review as of August 23, 2004.
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