A strong increase in net foreign purchases of U.S. corporate and other bonds more than offset a sharp decrease in net foreign purchases of U.S. stocks. The increase was mostly accounted for by a rise in net equity capital inflows. In addition, both net intercompany debt inflows and reinvested earnings also increased. The step-up resulted from increased accumulation of dollar assets by developing countries. In the third quarter, the U.S. dollar depreciated 1 percent on a trade-weighted quarterly average basis against the currencies of 10 industrial countries.
BEA estimates are available in several forms besides the printed news releases.
The FSBR provides links to BEA's web site, which provides summary tables and charts on BEA's national, international, and regional data. BEA's web site provides links to detailed BEA databases on STAT-USA's Internet subscription service. The Survey is available from the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402. Foreign airmail delivery rates are available upon request. In addition, the Survey of Current Business is now available on Internet in a searchable, retrievable electronic format at least a week before the printed version.