Errata: detail for foreign direct investment in the United States

Survey of Current Business, Oct, 2001

Table A, "Comparison of Previously Published and Revised Estimates for 1997" was omitted from the report "Foreign Direct Investment in the United States: Detail for Historical-Cost Position and Related Capital and Income Flows, 2000" in the September 2001 issue of the SURVEY OF CURRENT BUSINESS. The table, along with a reprint of the text it was to have accompanied, is provided below.

Revisions for 1997--Table A compares the revised estimates for 1997 with the estimates that were linked to the 1992 benchmark survey.

The direct investment position on a historical-cost basis was revised down $8.0 billion, to $681.8 billion. Capital inflows were revised down $0.1 billion, to $103.4 billion, and income was revised down $0.4 billion, to $39.9 billion. Net payments for royalties and license fees were revised down $45 million, to $3.8 billion, and net receipts for other services were revised up $47 million, to $1.2 billion. Except for the 4-percent upward revision in the net receipts for other services account, all these revisions are 1 percent or less. Some of the revisions for individual countries and industries were also larger than 1 percent.