WASHINGTON — The U.S. current account deficit fell to $110.4 billion in the fourth quarter of 2012 from a revised $112.4 billion deficit in the third quarter, originally reported as $107.5 billion, the Commerce Department reported Thursday.

The deficit was below the median $112.6 billion estimate of economists polled by Thomson Reuters and remained at 2.8% of gross domestic product in the fourth quarter.

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