Tag Archives: US account deficit widens

The United States account deficit widened in the fourth quarter, showing another area of economic weakness for the nation. Still, signs of a housing turnaround are emerging, analysts with Capital Economics say. As economists continue to track slow sales and a lagging real estate market, analysts also are studying international trade since fewer exports can suggest slower economic growth for the nation. The United States account deficit, which reflects the nation’s strength in global trade, increased to $124.1 billion in 4Q of 2011, up from a revised $107.6 billion in […]