Subscribe

Capital flows fell $163 billion in August

The figure includes the change in banks' dollar-denominated liabilities, which comprised most of the loss.

U.S. capital flows in the fell by $163 billion in August, according to a report from the Department of the Treasury.
The figure includes the change in banks’ dollar-denominated liabilities, which comprised most of the loss.
Those liabilities fell by $111.4 billion in August, after it rose by $40.9 billion in July.
Meanwhile, investors purchased $21 billion in Treasury bills in July.
Net foreign purchases of long-term U.S. securities fell by $34.9 billion in August.
U.S. equities and Treasury bonds were sold the fastest.
Private investors sold $39 billion in equities, while official institutions sold $29.7 billion in Treasury bonds and notes.
In another economic report, U.S. industrial production increased 0.1% in September, according to the Federal Reserve.
The report also put September’s capacity utilization rate at 82.1%.
August production was revised down to no change from the 0.2% increase first reported, and capacity use was cut by 0.1% to 82.1%.
The Fed report showed that production of autos and auto parts increased 3.3% last month, following a 1.6% drop in August; all manufacturing posted a 0.1% increase following a 0.4% drop;and output at utilities fell 0.1% in September following a 4.6% increase.

Learn more about reprints and licensing for this article.

Recent Articles by Author

More Americans have health insurance than pre-pandemic

But 25 million remain uninsured according to new report.

Bitcoin at one-month low amid broad crypto sell-off

Stocks and bonds providing better returns weakens digital assets appeal.

Goldman sees slower growth, labor market with two Fed cuts

Any further slowing of demand will hit jobs not just openings.

TD facing new allegations in Florida, Bloomberg reports

Canadian big six bank is already under investigation by US regulators.

Demand for bonds is soaring amid rate-cut speculation

Led by US Treasuries, global demand for sovereign debt is rising.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print