Value of Americans’ Foreign Holdings Decline to Start Year – Real Time Economics


Americans’ overseas investments had a tough start to the year.

The value U.S.-owned foreign assets shrank by $108 billion, or 0.5%, during the first quarter 2014, the Commerce Department said Monday.

The decline is a setback after gains of 3.3% in the fourth quarter of 2013 and 4.8% in the third quarter.

U.S. foreign holdings took a hit during the global financial downturn, but have increased fairly steadily since mid-2009.

The declining value of financial derivatives, down $402 billion, drove the first-quarter contraction. The value of most other asset categories, including direct investment in foreign stock, edged up.




for economic news and analysis

for central banking news and analysis

Get WSJ economic analysis delivered to your inbox:

Sign up for the WSJ’s Grand Central, a daily report on global central banking

Sign up for the Real Time Economics daily summary

If the article suppose to have a video or a photo gallery and it does not appear on your screen, please Click Here


Leave a Reply

Your email address will not be published.