BEA News: U.S. International Investment Position, 2nd quarter 2013

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

The U.S. net international investment position at the end of the second quarter of 2013 was -$4,504.1 billion (preliminary) as the value of foreign investments in the United States exceeded the value of U.S. investments abroad (table 1). At the end of the first quarter, the U.S. net international investment position was -$4,236.6 billion (revised). The $267.6 billion decrease in the net position reflected a $605.8 billion decrease in the value of U.S.-owned assets abroad that exceeded a $338.2 billion decrease in the value of foreign-owned assets in the United States. The net position decreased 6 percent in the second quarter, compared with a 10-percent decrease in the first quarter and an average quarterly decrease of 8 percent from the first quarter of 2011 through the first quarter of 2013.

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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