WASHINGTON — The U.S. third quarter current account deficit narrowed sharply to $100.6 billion from $124.4 billion in the previous quarter due to much smaller goods and services and secondary income gaps, as well as a wider primary income surplus.

The current account gap was the smallest since the third quarter of 2014 and now stands at 2.1% of GDP, down from 2.6% in the second quarter and the smallest since the second quarter of 2014.

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