widened to a record in the second quarter as imports of merchandise grew faster than exports, government figures showed today.

The current account deficit, the broadest measure of international trade because it counts financial transactions as well as goods and services, rose to $80.67 billion in the second quarter, after widening to $68.65 billion in the first, the Commerce Department said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.