The most recent annual estimates for the growth of fixed capital in the U.S. and the U.K.
The latest figures from the U.S. Bureau of Economic Analysis (BEA), covering the period from January 1, 2014 to February 28, 2014, suggest that the U.S. economy is expected to have lost a total of $5.6 trillion in fixed capital in the last year. That’s about half of the $8.7 trillion lost in the same period in 2013. The BEA figures are based on data from the latest available report of the Federal Reserve Board of Governors.
On the other side of the coin is a report from the World Bank. It shows that the U.K. economy is projected to have lost some 2.8 trillion in fixed capital in 2014. So the BEA figures are a little conservative. However, the U.K. is projected to have lost more than twice as much in fixed capital as the U.S. in 2014.
If you haven’t read much about these numbers, you will find that they’re actually very good. There is a lot of information about fixed capital in the U.S. but most of it is about the economy. It’s important to note that most of those were the same kinds of figures that are used to assess capital in the U.S. The BEA figures are based on data from the Federal Reserve Bank of St. Louis.
The U.K. has had a steady decline in fixed capital in the past year, but it’s also the case that its rate of decline has been much higher than the U.S. rate. While the U.S. has been experiencing some recovery from the 2008 financial collapse, which saw the value of its fixed capital decline by roughly 10%, the UK is far from seeing any significant recovery.
Fixed capital is what people buy and sell to buy and sell. It is the stuff they own on the market. To make the calculation you have to know how much of that fixed capital is in the market and how much is held in other places. In the U.S., fixed capital is a category that includes stocks, bonds, and money market funds. In the U.K., it includes property, commercial property, and other financial assets.
The U.S. is one of the more diversified countries in the world. Of course a lot of that good, well-capitalized financial infrastructure is still there, but we may be getting to the point where the amount of financial assets owned by the average American has become so diversified that it is impossible to know which asset is the one that accounts for the majority of the country’s financial assets.
In particular, we are seeing this in the United States. In fact, the financial sector is one of the things I most often talk about during my free webinar series: Investing in the Financial Sector. The reason for this is that U.S. financial assets are so diversified that, to the extent that you can, you can always determine the fraction of the financial assets in which the U.S. is the largest. That is, by dividing U.S.