US Current Account Deficit Widens 15.7 Percent To $246.0 Billion In Second Quarter As Goods Deficit Expands

KEY TAKEAWAYS

• The US current-account deficit widened by $33.4 billion, or 15.7 percent, to $246.0 billion in the second quarter of 2026, up from a revised $212.6 billion in the first quarter — equal to 3.0 percent of current-dollar GDP, up from 2.7 percent (Bureau of Economic Analysis — September 24, 2026).
• The US net international investment position fell to –$22.42 trillion at the end of Q2 2026 from a revised –$21.27 trillion at the end of Q1, with US liabilities of $69.39 trillion against foreign financial assets of $46.97 trillion (Bureau of Economic Analysis — September 24, 2026).
• The British Business Bank agreed to commit up to £135 million to two new Advent Life Sciences funds — £60 million to Fund IV and £75 million to the Growth Fund — lifting its life sciences commitments above £745 million across 17 funds (British Business Bank — September 24, 2026).
• The £100 million Investment Fund for Northern Ireland passed £100 million in total investment across 75 deals into 64 businesses, including more than £62 million of private-sector co-investment (British Business Bank — September 24, 2026).

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UNITED STATES — BEA Reports Current Account Deficit Of $246.0 Billion In Second Quarter 2026

The US Bureau of Economic Analysis reported on Thursday, September 24, that the current-account deficit widened by $33.4 billion, or 15.7 percent, to $246.0 billion in the second quarter of 2026 (Bureau of Economic Analysis — September 24, 2026).

The revised first-quarter deficit was $212.6 billion. Measured against the size of the economy, the gap rose to 3.0 percent of current-dollar GDP from 2.7 percent — a 0.3-percentage-point move inside a single quarter.