Archive Page 4

New Foreign Direct Investment in the United States, 2014 and 2015

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $420.7 billion in 2015, an increase of 68 percent from 2014, when expenditures were $250.6 billion; according to the Bureau of Economic Analysis (BEA) in statistics released today.

fdi-july-13-highlights-chart (2)

Some additional highlights of the statistics on new foreign direct investment for 2015:

  • Expenditures for acquisitions were $408.1 billion. Expenditures to establish new U.S. businesses were $11.2 billion, and expenditures to expand existing foreign-owned businesses were $1.4 billion.
  • Total planned greenfield expenditures—expenditures to either establish a new U.S. business or to expand an existing foreign-owned U.S. business—for investment initiated in 2015, which include both first-year expenditures and planned spending in other years, totaled $31.2 billion.
  • Current employment at newly acquired, established, or expanded foreign-owned businesses in the United States was 422,200. Total planned employment was 461,600.

In conjunction with today’s release, BEA is introducing new statistics for 2014 and 2015 on the activities of newly acquired, established, or expanded U.S. affiliates by state, country, and industry. These new statistics supplement the statistics on expenditures for new investment and include current and planned employment and balance sheet and income statement items, specifically sales, net income, assets, liabilities, and total owner’s equity, for the affiliates.

For more information, read the full report.

Real Personal Income for States, 2014

Real personal income across all regions rose by an average of 2.9 percent in 2014. This growth rate reflects the year-over-year change in nominal personal income across all regions adjusted by the change in the national personal consumption expenditures (PCE) price index. On a nominal basis, personal income across all regions grew an average of 4.4 percent in 2014. In 2014, the U.S. PCE price index grew 1.4 percent.

personal income july 7

Growth in real state personal income in 2014 ranged from 4.7 percent in Nevada to 0.4 percent in South Dakota. These growth rates reflect the year-over-year change in the state’s nominal personal income, the change in the national PCE price index, and the change in the state’s regional price parity. After Nevada, the states with the highest growth rates were Colorado (4.5 percent), Texas (4.2 percent), Washington (4.0 percent), and Oregon (4.0 percent). After South Dakota, the states with the slowest rates of growth were Kansas (0.5 percent), West Virginia (0.7 percent), Illinois (1.0 percent), and Vermont (1.3 percent). States with growth rates close to the national average were Alaska (3.1 percent), Oklahoma (3.1 percent), Michigan (2.9 percent), New Jersey (2.9 percent), Massachusetts (2.8 percent), Connecticut (2.8 percent), and Tennessee (2.8 percent).

For more information, read the full report.

May 2016 Trade Gap is $41.1 Billion

The U.S. monthly international trade deficit increased in May 2016 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $37.4 billion in April (revised) to $41.1 billion in May, as exports decreased and imports increased. The previously published April deficit was $37.4 billion. The goods deficit increased $3.7 billion from April to $62.2 billion in May. The services surplus decreased $0.1 billion from April to $21.1 billion in May.

balance on goods and services trade july 6

Exports
Exports of goods and services decreased $0.3 billion, or 0.2 percent, in May to $182.4 billion. Exports of goods decreased $0.2 billion and exports of services decreased $0.1 billion.

  • The decrease in exports of goods was more than accounted for by a decrease in capital goods ($0.8 billion). An increase in foods, feeds, and beverages ($0.5 billion) was partly offsetting.
  • The decrease in exports of services was more than accounted for by a decrease in travel (for all purposes including education) ($0.2 billion). An increase in financial services ($0.1 billion) was partly offsetting.

Imports
Imports of goods and services increased $3.4 billion, or 1.6 percent, in May to $223.5 billion. Imports of goods increased $3.4 billion and imports of services were nearly unchanged.

  • The increase in imports of goods mainly reflected increases in industrial supplies and materials ($2.3 billion) and in consumer goods ($1.3 billion).
  • Imports of services were nearly unchanged. The changes in all categories were small and nearly offsetting.

Goods by geographic area (seasonally adjusted, Census basis)

  • The deficit with China increased $1.7 billion to $28.3 billion in May. Exports decreased $0.1 billion to $9.3 billion and imports increased $1.6 billion to $37.6 billion.
  • The balance with the United Kingdom shifted from a surplus of $0.7 billion to a deficit of $0.3 billion in May. Exports decreased $1.2 billion to $4.0 billion and imports decreased $0.2 billion to $4.3 billion.
  • The deficit with South Korea decreased $1.1 billion to $2.0 billion in May. Exports increased $0.7 billion to $3.7 billion and imports decreased $0.3 billion to $5.6 billion.

For more information, read the full report.


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

Archives