September 29, 2025

U.S. International Investment Position, 2nd Quarter 2025

The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was -$26.14 trillion at the end of the second quarter of 2025, according to statistics released today by the U.S. Bureau of Economic Analysis. Assets totaled $39.56 trillion, and liabilities were $65.71 trillion. At the end of the first quarter, the net investment position was -$24.65 trillion (revised).

Principal Federal Economic Indicators

Gross Domestic Product
Q2 2025 (3rd)
+3.8%
Personal Income
August 2025
+0.4%
International Trade in Goods and Services
July 2025
-$78.3 B
International Transactions
Q2 2025
-$251.3 B

Noteworthy

The Latest

Real Personal Income for States, 2014

| The BEA Wire

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.

Real Personal Income for States and Metropolitan Areas

| News Release

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.

May 2016 Trade Gap is $41.1 Billion

| The BEA Wire

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…

U.S. International Trade in Goods and Services, May 2016

| News Release

U.S. Census Bureau U.S. Bureau of Economic Analysis NEWS U.S. Department of Commerce * Washington, DC 20230 U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES May 2016 The U.S. Census Bureau and the U.S.

Coming July 13: Statistics on New Foreign Investment in 2014 and 2015

| The BEA Wire

SUITLAND, Md. — Statistics detailing the amount and type of new direct investments made in the United States by foreign investors will be released by the Bureau of Economic Analysis on Wednesday, July 13.

The data will be available in a news release on BEA’s website at 8:30 a.m. eastern time. The statistics cover new direct investments initiated in 2015 and 2014 and will provide information on:

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

| The BEA Wire

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).

U.S. International Investment Position, 1st quarter 2016, annual 2015, and annual revisions

| News Release

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 (chart 1, table 1). At the end of the fourth quarter of 2015, the net investment position was -$7,280.6 billion (revised).

Why Do Old GDP Numbers Keep Changing?

| The BEA Wire

BEA is getting ready for its big summer update of GDP and other national economic statistics, coming in late July. This annual ritual of refining figures from the last three years can be confusing. People wonder: Were the old numbers wrong? Are these new figures final? No, and not really.

Real Consumer Spending Slows in May

| The BEA Wire

Personal income increased 0.2 percent in May after increasing 0.5 percent in April. Wages and salaries, the largest component of personal income, increased 0.2 percent in May after increasing 0.5 percent in April.

Personal Income and Outlays, May 2016

| News Release

Personal income increased $37.1 billion, or 0.2 percent, and disposable personal income (DPI) increased $33.9 billion, or 0.2 percent, in May, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $53.5 billion, or 0.4 percent.