U.S. Direct Investment Abroad Survey to Include Banks, Foreign Affiliates of Banks, and Bank Foreign Affiliates of Nonbanks

Summary

The U.S. Bureau of Economic Analysis (BEA) proposes to expand the reporting requirements for the Annual Survey of U.S. Direct Investment Abroad (BE-11) to include banks, foreign affiliates of banks, and bank foreign affiliates of nonbanks, starting from an upcoming annual survey. This change aims to collect more comprehensive data on U.S. direct investment abroad.