US DATA: Commerce Dept intl inv position data say….

US DATA: Commerce Dept intl inv position data say “U.S. net
international investment position at yearend 2010 was -$2,471.0 billion
(preliminary), as the value of foreign investments in the United States
continued to exceed the value of U.S. investments abroad (table 1). At
yearend 2009, the U.S. net international investment position was
-$2,396.4 billion (revised). The -$74.6 billion change in the U.S. net
investment position from yearend 2009 to yearend 2010 primarily
reflected net foreign acquisitions of financial assets in the United
States that exceeded net U.S. acquisitions of financial assets abroad.
The impact of these financial flows was partly offset by the net change
in valuation adjustments, which include price changes, exchange-rate
changes, and other changes such as more complete source data.” See

http://www.bea.gov/newsreleases/international/intinv/intinvnewsrelease.

htm