Published September 29, 2015
The U.S. net international investment position was -$6,688.3 billion (preliminary) at the end of the second quarter of 2015 as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of the first quarter of 2015, the net investment position was -$6,801.4 billion (revised).
- The $113.1 billion increase in the net investment position reflected net other changes in position of $168.2 billion that were partly offset by net financial transactions of -$55.1 billion. Other changes in position include price changes, exchange-rate changes, and other changes in volume and valuation.
- U.S. assets decreased $779.3 billion and U.S. liabilities decreased $892.4 billion, mostly as a result of decreases in the value of financial derivatives.
- U.S. assets excluding financial derivatives increased $135.5 billion, reflecting financial transactions of $144.9 billion that were partly offset by other changes in position of -$9.4 billion.
- U.S. liabilities excluding financial derivatives decreased $20.2 billion, reflecting other changes in position of -$221.9 billion that were mostly offset by financial transaction of $201.7 billion.
- The increase in the net investment position reflected the impact of price decreases for U.S. assets and liabilities and the appreciation of foreign currencies against the U.S. dollar, as described in the news release.
Published September 28, 2015
Personal income increased 0.3 percent in August, after increasing 0.5 percent in July. Wages and salaries, the largest component of personal income, rose 0.5 percent in August after rising 0.6 percent in July.
Current-dollar disposable personal income (DPI), after-tax income, increased 0.4 percent in August after increasing 0.5 percent in July.
Real DPI, income adjusted for taxes and inflation, increased 0.3 percent in August after increasing 0.4 percent in July.
Real consumer spending (PCE), spending adjusted for price changes, increased 0.4 percent in August after increasing 0.3 percent in July. Spending on services increased 0.3 percent in August after increasing 0.1 percent in July.
PCE prices increased less than 0.1 percent in August, after increasing 0.1 percent in July. Excluding food and energy, PCE prices increased 0.1 percent in August, the same increase as in July.
Personal saving rate
Personal saving as a percent of DPI was 4.6 percent in August and 4.7 percent in July.
For more information, read the full report.
Published September 25, 2015
BEA introduced two new video tutorials to assist potential filers of the BE-180 Benchmark Survey of Financial Services Transactions Between U.S. Financial Services Providers and Foreign Persons.
One overview video offers a tutorial to help potential filers learn more about the survey and understand whether they need to report. A second video tutorial, geared to those who have previously filed BE-180 forms, describes what’s new with the 2014 benchmark survey and also explains recent changes to eFile, BEA’s electronic filing system.
BEA also plans to soon announce a webinar for survey respondents.
Data from the BE-180 survey will be used to produce international and national economic statistics. These statistics aid decision-making by businesses and policymakers and provide the American public with a deeper understanding of the United States’ trade relationships around the globe.
More information about the BE-180 survey is available in a previously published blog post. Survey forms, instructions, and other materials are available on BEA’s website. If you have questions after reviewing these materials, please call (202) 606-5588.