The U.S. current-account deficit resulting from international economic transactions widened by $33.4 billion, or 15.7 percent, to $246.0 billion in the second quarter of 2026, according to statistics released today by the U.S. Bureau of Economic Analysis. The revised first-quarter deficit was $212.6 billion.

The second-quarter deficit was 3.0 percent of current-dollar gross domestic product, up from 2.7 percent in the first quarter.

The $33.4 billion widening of the current-account deficit in the second quarter reflected an expanded deficit on goods that was partly offset by reduced deficits on primary (earned) income and on secondary income (current transfers).

Exports of goods and services to, and income received from, foreign residents increased $58.8 billion to $1.44 trillion in the second quarter, reflecting increases in goods exports and in primary (earned) income receipts.

Imports of goods and services from, and income paid to, foreign residents increased $92.2 billion to $1.69 trillion,…