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Shrinking the U.S. current account deficit during the third quarter

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Announced the U.S. Commerce Department said Tuesday that the trade deficit of the current account shrunk by about 9% to 107.5 billion dollars in the third quarter of this year, equivalent to 2.7% of GDP, compared with the second quarter, which rose after revision to a record 118.1 billion dollars, and the worst of analysts' forecasts, which pointed to a deficit by $ 103 billion.

This is the reading is the lowest readings U.S. current account deficit since the fourth quarter of 2010, although they were high expectations registered 103.40 billion dollars.

The current account is the broadest measure of trade, and pursue the sale of goods and services between countries, as well as the flow of investment, and economists expect it will widen again over the coming quarters, has been the global slowdown overshadowed the demand for U.S. exports.

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