Home » Business » It is a leap! The US funding place collapsed within the first quarter – 2024-05-15 10:45:52

It is a leap! The US funding place collapsed within the first quarter – 2024-05-15 10:45:52

/ world right this moment information/ The US Bureau of Financial Evaluation printed preliminary knowledge on the nation’s stability of funds and worldwide funding place (IIP) for the primary quarter of this 12 months. The earlier preliminary knowledge for the 4th quarter of 2019 additionally worsened. Thus, preliminary knowledge on MIP on the finish of final 12 months amounted to minus 10,991 billion {dollars}. The audited figures amounted to minus 11,050 billion {dollars}.

Preliminary knowledge on MIP for the primary quarter of this 12 months amounted to minus 12,057 billion {dollars}. Quarterly collapse exceeds one trillion {dollars}!

We now have lastly reached the first-ever reversal of the Gathered Counterclaim Indicator into unfavorable territory.

The transition additionally befell in leaps and bounds, from a mark of plus $317 billion (revised worth) on the finish of 2019 to minus $433 billion (preliminary worth) on the finish of the first quarter of 2020.

Translation: V. Sergeev

#leap #funding #place #collapsed #quarter

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