(Reuters) - The Commerce Department previously pegged the
fourth-quarter current account deficit at $195.8 billion. The
midpoint estimate of analysts surveyed before Friday's report
was for the current account deficit to widen to $201.0
billion.
The department also significantly lowered its estimate of
the 2006 current account gap to $811.5 billion, from $856.7
billion previously reported. It also lowered its estimate of
the current account deficit for other years dating back to
2001, while raising estimates for the years 1997 through 2000.
Read more at Reuters.com Economic News
fourth-quarter current account deficit at $195.8 billion. The
midpoint estimate of analysts surveyed before Friday's report
was for the current account deficit to widen to $201.0
billion.
The department also significantly lowered its estimate of
the 2006 current account gap to $811.5 billion, from $856.7
billion previously reported. It also lowered its estimate of
the current account deficit for other years dating back to
2001, while raising estimates for the years 1997 through 2000.
Read more at Reuters.com Economic News
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