How Much of America Do Foreigners Own?
Recently released data show that the value of foreign holdings of U.S. assets rose to $32.5 trillion at the end of Q2-2016 with stocks and bonds accounting for more than one-half of these holdings. Outside of the U.S. government bond market, where foreigners own roughly one-half of the publicly traded debt, foreign ownership of American securities is much less pervasive. About 20 percent of American securities are owned by foreigners. In other words, domestic residents own the vast majority of U.S. stocks and bonds.
In terms of foreign direct investment (FDI), foreigners own about one-third of the fixed assets in the manufacturing sector. But, direct foreign ownership in other sectors of the U.S. economy is not as widespread. In sum, foreign holdings of U.S. assets are sizable, but perceptions that America is owned by foreigners are simply not supported by the data.
The value of American assets held by foreigners has mushroomed over the past few decades and currently stands near $33 trillion with stocks and bonds accounting for more than one-half of these holdings. Foreigners own sizable amounts of U.S. Treasury securities, but holdings are widespread across individual countries. Although China is the largest individual foreign owner of U.S. Treasury securities, its holdings account for only 10 percent of the U.S. government bond market. Foreign holdings of other types of American securities account for much smaller proportions of the markets for those individual securities.
In terms of FDI, foreigners own about one-third of the fixed assets in the manufacturing sector. But, direct foreign ownership in other sectors of the economy is much less pervasive. In sum, foreign holdings of U.S. assets are sizable, but perceptions that America is owned by foreigners are simply not supported by the data.
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Our Top 27 3D printed housing and construction projects
Over the past few years it has become increasingly evident that 3D printing technologies will have a big impact on not only the aerospace, medical, and consumer industries, but could also be at the forefront of a revolution within the field of construction. While we may not be living in 3D printed homes in the very near future, there are a number of promising projects that have come to life over the past few years which have shown us what the potentials of 3D printed construction really are. From fully constructed homes and pavilions, to architectural installations, to projects that are still being realized, lets take a look at some of our favorite 3D printed construction projects to see both the amazing trajectory of additive manufacturing within the field and (let’s be honest) some really cool buildings.
To see read about the 27 3D projects click on:
* I’ll be attending the Lake Erie “Project Icebreaker” meeting this week in Lakewood, OH. This is a unique project, for a number of reasons. It’s a pilot wind energy project backed by US DOE, now seeking funding for design, permits, construction and decommissioning. PI is the result of at least five years of work by the Lake Erie Energy Development Company, which includes the City of Cleveland, business groups and public sector partners in Pennsylvania. The meeting gives the public a chance to comment on the the scope of a required Environmental Assessment. The Corp of Engineers and the Coast Guard are DOE partners. (Send a text if you want to meet afterwards and track down Cleveland’s finest: a Great Lakes Brewing Co. Burning River Pale Ale. First round’s on me…)
* Ever heard of NACEPT? The National Advisory Council for Environmental Policy and Technology? It was established by EPA in 1988 “to provide independent advice to the EPA Administrator on a broad range of environmental policy, technology and management issues.” The Council has scheduled an October 17 teleconference to discuss a draft report regarding actions that EPA should take in response to technological and sociological developments in the area of citizen science. WHAT? Citizen science… I’m trying to find out… Unfortunately the citizen science draft for 10/17 is not yet ready for review. Advise if you want an update.
* EPA opened a new initiative last week called “The National Port Strategy Assessment: Reducing Air Pollution and Greenhouse Gases at U.S. Ports.” This is an effort to reduce greenhouse gases and other emissions from diesel-powered ships, trucks and other port equipment at all port types and sizes through a variety of strategies and cleaner technologies. EPA writes that “this is great news for the roughly 39 million Americans who live and breathe near these centers of commerce.” (Hopefully it’s just as great for the peeps who still have jobs there *:)) laughing!) I’m not sure if this is linked to the citizen scientists mentioned above but in an older document (Nov., 2015, not that old) titled “Environmental Justice Research Roadmap” citizen science is repeatedly referenced as a tool helpful for regulators seeking to address air quality problems at ports. Citizen science…hmmmm… gotta think about that…
Caterpillar is entering the home and outdoor power market with the introduction of portable generators — the Cat® RP Series.
The new generators are designed to provide reliable backup or recreational power to residential users and portable power to professional contractors who need to power tools and lights on the job. The initial models of portable generators in the Cat RP Series range in size and power from 3.6 kW to 7.5 kW in North America and 2.5 kW to 4.4 kW in Europe.
This product is available to purchase through a new multi-channel distribution approach — including Cat Dealers, local retailers, and eventually national retailers and wholesalers — which will serve as Cat Home & Outdoor Power Authorized Sales and Service Centers.
“This is about providing a new customer base with the right solutions for their home and outdoor power needs that reflect the reliability, rugged capabilities and quality with which Cat products are known,” said George Taylor, Caterpillar Vice President with responsibility for the Marketing & Digital Division and the company’s Chief Marketing Officer.
“We want to connect these customers to Caterpillar’s decades of experience in the electric power business, and this new distribution approach means we can do just that,” Taylor explained.
The new products will be introduced to distribution networks in the U.S. and Canada over the remainder of 2016 with a move into European networks late in the year.
An expanded home and outdoor power portfolio is under development with more product launches anticipated in 2017. For more information on the new generator line, visit: http://www.cat.com/homeandoutdoorpower.
Tioga County will use $25,000 in free equipment rental from CASE to enact real change by training local public works and highway departments in proper stream and water management to mitigate damages from future flood events on area communities and infrastructure.
CASE Construction Equipment has awarded the $25,000 Dire States Equipment Grant to the Tioga County Soil and Water Conservation District (SWCD) in Tioga County, New York. The SWCD will use the equipment as part of its Environmentally Sensitive Stream Maintenance Program that works with municipal officials and highway department staff to ensure scientifically sound maintenance practices in streams and waterways to mitigate damages from future flooding events. Local flooding events have had considerable impact on local infrastructure and communities in recent years.
“Tioga County historically has been impacted by a number of both flash flood and flooding events,” says Wendy Walsh, director, Tioga County SWCD. “These have had a significant impact on our infrastructure including culverts, bridges and roadways. Benefits of this program will include improved coordination and cooperation between municipal staff and the SWCD, as well as expediting the permitting process with regulating agencies as municipal departments show their growing knowledge of stream function and processes.”
SWCD will use the grant to procure construction equipment from CASE dealer Monroe Tractor to support the program. New training programs will begin this fall and extend into 2017.
“The Tioga County SWCD project stood out to us because of its impact on multiple phases of infrastructure, from inland waterways to roads and bridges,” says Scott Harris, vice president – North America, CASE Construction Equipment. “That’s our goal with Dire States: impacting real infrastructure change at the local level to show how each community can affect change across numerous modes of infrastructure. This program embodies that for us.”
The grant was awarded after soliciting submissions nationwide from local communities to use heavy equipment to improve a critical piece of infrastructure. The winner was chosen by a committee of representatives from CASE. For more information on Dire States, and to see how the grant is being put to use, visit DireStates.com and follow us on Twitter and Facebook.