Archive for the 'Bureau of Economic Analysis' Category

U.S. Net International Investment Position Third Quarter 2016

The U.S. net international investment position increased to −$7,781.1 billion (preliminary) at the end of the third quarter of 2016 from −$8,026.9 billion (revised) at the end of the second quarter.

  • The net investment position increased $245.8 billion or 3.1 percent in the third quarter, compared with a decrease of 5.9 percent in the second quarter and an average quarterly decrease of 6.0 percent from the first quarter of 2011 through the first quarter of 2016.
  • U.S. assets increased $346.2 billion to $24,861.2 billion at the end of the third quarter, reflecting a $794.9 billion increase in assets excluding financial derivatives that was partly offset by a $448.7 billion decrease in financial derivatives. The increase in assets excluding financial derivatives mostly reflected increases in portfolio investment and direct investment assets due to increases in foreign equity prices.
  • U.S. liabilities increased $100.5 billion to $32,642.3 billion at the end of the third quarter, reflecting a $546.3 billion increase in liabilities excluding financial derivatives that was partly offset by a $445.8 billion decrease in financial derivatives. The increase in liabilities excluding financial derivatives reflected increases in portfolio investment and direct investment liabilities due to financial transactions and increases in U.S. equity prices.

For more information, read the full report.

Consumer Spending Rises in November

Personal income was unchanged in November after increasing 0.5 percent in October.consumer-spending-chart-dec-22 Wages and salaries, the largest component of personal income, decreased 0.1 percent in November after increasing 0.5 percent in October.

Current-dollar disposable personal income (DPI), after-tax income, was unchanged in November after increasing 0.5 percent in October.

Real DPI, income adjusted for taxes and inflation, decreased 0.1 percent in November after increasing 0.2 percent in October.

Real consumer spending (PCE), spending adjusted for price changes, increased 0.1 percent in November—the same increase as in October. Spending on durable goods decreased 0.1 percent in November after increasing 1.1 percent in October.

PCE prices were unchanged in November after increasing 0.3 percent in October. Excluding food and energy, PCE prices were unchanged in November after increasing 0.1 percent in October.

Personal saving rate
Personal saving as a percent of DPI was 5.5 percent in November and 5.7 percent in October.

For more information, read the full report.

real-disposable-personal-income-dec-22

 


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