Archive for the 'Direct Investment' Category

Bureau of Economic Analysis Releases Two New Data Sets to Deepen Understanding of U.S. Economy

In the past two days, the Commerce Department’s Bureau of Economic  Analysis (BEA) has released two brand new sets of economic statistics that business people, entrepreneurs, policy makers, households and others can use to make more informed decisions in their professional and personal lives.

Today, BEA released new statistics that show how much consumers spent in every state and the District of Columbia last year as well as in years back to 1997.  Besides totals on the amount of consumer spending for each area, the statistics detail what goods and services consumers are actually buying – including motor vehicles, clothing, home furnishings, food, gasoline, housing and utilities, and health care and recreational services.

Here are some highlights from today’s report:

  • Total consumer spending across all states grew 4.2 percent in 2014, with growth ranging from 2.1 percent in West Virginia to 7.4 percent in North Dakota.
  • Across all states, per person (per capita) consumer spending last year was $37,196. Per person spending ranged from a high of $48,020 in Massachusetts to a low of $29,386 in Mississippi.

Yesterday, BEA released new statistics showing the amount and type of new investment made in the United States by foreign direct investors to acquire, establish or expand U.S. businesses.  These statistics covered new investments initiated in 2014 and provided details on these investments including the countries from which the new investment originates, the U.S. industries that are drawing new investments and U.S. states where new investments are located.

Some highlights from yesterday’s report:

  • Expenditures by foreign direct investors for new investment totaled $241.3 billion in 2014.  Expenditures for acquisitions were $224.7 billion—93% of the total expenditures for new investment. Expenditures to establish new U.S. businesses totaled $13.8 billion, and expenditures to expand existing foreign-owned U.S. businesses totaled $2.8 billion.
  • By U.S. state, the largest expenditures, $48.9 billion, were for U.S. businesses in California. The four U.S. states with the largest expenditures by foreign direct investors—California, New Jersey, New York, and Texas—together received over half of all new investment.

These two new data sets are just the latest examples of how BEA is producing data to deepen the public’s understanding of the U.S. economy, the centerpiece of our mission.

Detailed Direct Investment Data for 2014 Now Available

Detailed statistics on U.S. direct investment abroad – or “outward direct investment”– and on foreign direct investment in the United States – or “inward direct investment” are now available on BEA’s website.

Preliminary direct investment statistics are available for 2014 and revised statistics for 2012 and 2013. These data are now incorporated into the Bureau of Economic Analysis’ new data tool, International Trade and Investment Country Facts, as well as our interactive data tables.

These newly released statistics provide comprehensive data on direct investment for selected countries on financial transactions, equity, debt instruments, reinvestment of earnings, and income by major industry. Statistics are also now available for positions, financial transactions, and income for all countries and for all industries. For inward direct investment, supplementary statistics classified by country of the ultimate beneficial owner are also now available.

An upcoming article in the September Survey of Current Business will present these statistics as well as additional statistics, such as reinvestment ratios, rates of return, and, for outward direct investment, position and income data classified by the industry of the U.S. parent.

Chart 3 US Direct Investment July 31

Chart 7 July 31

Coming Soon: Webinar for BE–10 Survey Respondents—What Private Funds Need to Know

Take part in a webinar, co-hosted by the U.S. Bureau of Economic Analysis and the Association for Corporate Growth, on Thursday, July 16, at 2 p.m., where you’ll receive an overview of the BE–10 Benchmark Survey of U.S. Direct Investment Abroad and learn more about how it applies to private funds.

This webinar will explain the filing requirements, offer tips, and answer questions to assist private funds in completing the survey. To register, please go to this site and provide the required information.

While neither the survey nor the data collected are new (it was last conducted in 2009), many potential new filers have become aware of the survey for the first time. Private funds are required to participate in the BE–10 survey if they own or control “foreign affiliates” directly or through U.S. portfolio companies that they control. For additional information regarding the BE–10 survey, please visit this section on BEA’s Web site.