Growth in the outward investment position increased $212.2 billion to $6.58 trillion, up 3.3 percent from 2021. The inward investment position increased $216.8 billion to $5.25 trillion, up 4.3 percent from 2021.
A look at upcoming improvements to statistics for GDP, personal income, personal consumption expenditures, and regional price parities to be introduced as part of the 2023 update, which will mark the first concurrent release of comprehensive updates of BEA's national, industry, and regional accounts.
Spending by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $177.5 billion, down $185.1 billion from 2021. Employment at these businesses was 142,700 workers.
Real GDP increased 2.4 percent in the second quarter of 2023, reflecting increases in consumer spending, nonresidential fixed investment, state and local government spending, and private inventory investment.