The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
The U.S. net international investment position at yearend 2011 was -$4,030.3 billion (preliminary), as the value of foreign investment in the United States continued to exceed the value of U.S. investment abroad (table 1). At yearend 2010, the U.S. net international investment position was -$2,473.6 billion (revised). The -$1,556.7 billion change in the U.S. net investment position from yearend 2010 to yearend 2011 was mainly attributable to net price changes of -$802.1 billion and net financial flows of -$556.3 billion.
The full text of the release on BEA's Web site can be found at http://www.bea.gov/newsreleases/international/intinv/intinvnewsrelease.htm
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