U.S. Bureau of Economic Analysis raises estimates for net interest paid by corporations
- 1The U.S. Bureau of Economic Analysis (BEA) recently revised upward the net interest and other payments by domestic industries.
- 2The upward revision rate for net interest and other payments by domestic industries announced by the BEA reached 86%.
- 3The annual upward revision for net interest and other payments announced by the BEA was $532 billion.
So what's the key point?
The U.S. Bureau of Economic Analysis recalculated the estimated interest costs paid by corporations to be 86 percent higher. This means the money corporations spend on interest is greater than previously thought.
Source The Overshoot · View original ↗
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