Nouriel has already commented on the Economic Report of the President. He didn’t exactly like its international chapter. It didn’t rub me the wrong way quite as strongly - in part because I am more ...

September 29, 2005—The United States must confront the alarmingly high federal budget and current account deficits, urges a new Council Special Report. “Failure to take the initiative to reduce the ...

Q3 2025 U.S. Current Account: -$226.4B vs. -$235B consensus and -$249.2B prior (revised from -$251.3B), according to data released by the U.S. Bureau of Economic Analysis on Wednesday. The 9.2% ...

Explore the differences between current and capital accounts and how they affect a nation's net income and asset-liability balance.

A current account surplus means that a country's exports are worth more than its imports. Learn how current accounts affect competitiveness in world trade.