U.S. current account widens on weak exports, overseas profits

The Commerce Department said on Thursday the current account deficit, which measures the flow of goods, services and investments into and out of the country, increased 9.9 percent to $113.3 billion. The first-quarter current account deficit represented 2.6 percent of gross domestic product, the highest since the third quarter of 2012, from 2.3 percent in the fourth quarter.

U.S. current account widens on weak exports, overseas profits source: http://finance.yahoo.com/news/u-current-account-widens-weak-124221977.html