Archive for the 'International Investment Position' Category

U.S. Net International Investment Position: End of the First Quarter of 2016

The U.S. net international investment position at the end of the first quarter of 2016 was -$7,525.6 billion (preliminary) as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of the fourth quarter of 2015, the net investment position was -$7,280.6 billion (revised).

International Investment June 30

•The net investment position decreased $245.0 billion or 3.4 percent in the first quarter, compared with a decrease of 0.6 percent in the fourth quarter, and an average quarterly decrease of 6.4 percent from the first quarter of 2011 through the third quarter of 2015.

• U.S. assets increased $742.1 billion and U.S. liabilities increased $987.1 billion, mostly reflecting increases in the value of financial derivatives.

• U.S. assets excluding financial derivatives increased $155.7 billion, reflecting both the appreciation of major foreign currencies against the U.S. dollar that raised the value of U.S. assets in dollar terms and net U.S. acquisition of assets. These increases were partly offset by price decreases on direct investment and portfolio investment assets.

• U.S. liabilities excluding financial derivatives increased $382.7 billion, mostly reflecting an increase in U.S. bond prices that raised the value of portfolio investment liabilities.

For more information, read the full report.

Value of U.S. Assets Decreased More Than U.S. Liabilities in Fourth Quarter 2015

The U.S. net international investment position was -$7,356.8 billion (preliminary) at the end of the fourth quarter of 2015 as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of the third quarter, the net position was -$7,311.6 billion (revised).

chart march31

  • The U.S. net investment position decreased 0.6 percent in the fourth quarter, compared with a decrease of 8.4 percent in the third quarter and an average quarterly decrease of 6.3 percent from the first quarter of 2011 through the second quarter of 2015.
  • U.S. assets decreased $118.5 billion and U.S. liabilities decreased $73.3 billion, reflecting decreases in the value of financial derivatives, mostly in single-currency interest rate contracts.
  • U.S. assets excluding financial derivatives increased $205.1 billion, reflecting increases in foreign equity prices that increased the value of U.S. direct investment and portfolio investment assets.
  • U.S. liabilities excluding financial derivatives increased $250.7 billion, reflecting increases in U.S. equity prices that increased the value of U.S. direct investment and portfolio investment liabilities.

For more information, read the full report.

Value of U.S. Assets Decreased More than U.S. Liabilities in Third Quarter 2015

The U.S. net international investment position was -$7,269.8 billion (preliminary) at the end of the third quarter of 2015 as the value of U.S. liabilities exceeded the value of U.S. assets. At the end of the second quarter, the net investment position was -$6,743.1 billion (revised).

International stats 1229.png

  • The $526.7 billion decrease in the net investment position reflected net other changes in position of -$514.9 billion and net financial transactions of -$11.8 billion. Other changes in position include price changes, exchange-rate changes, and other changes in volume and valuation.
  • U.S. assets decreased $1,233.3 billion and U.S. liabilities decreased $706.6 billion, mostly as a result of decreases in the value of portfolio and direct investment assets and liabilities.
  • U.S. assets excluding financial derivatives decreased $1,496.6 billion, reflecting other changes in position of -$1,419.3 billion and financial transactions of -$77.3 billion.
  • U.S. liabilities excluding financial derivatives decreased $961.8 billion, reflecting other changes in position of -$897.1 billion and financial transactions of -$64.7 billion.
  • The decrease in the net investment position reflected equity price decreases for U.S. assets and liabilities and the depreciation of foreign currencies against the U.S. dollar, as described in the news release.

For more information, read the full report.


Enter your email address to follow this blog and receive notifications of new posts by email.

Archives