[Economic Indicators March, 1997]
[Page Number 37]
[From the U.S. Government Publishing Office, www.gpo.gov]



 
U.S. INTERNATIONAL TRANSACTIONS--Continued

In the capital accounts, U.S. claims on foreigners reported by U.S. 
banks increased $56.7 billion in the fourth quarter of 1996, following 
an increase of $33.2 billion in the third quarter. U.S. liabilities to 
private foreigners reported by U.S. banks, excluding Treasury 
securities, increased $33.2 billion in the fourth quarter, following a 
decrease of $1.2 billion in the third quarter.
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                                                           [Millions of dollars; quarterly data seasonally adjusted, except as noted]                                                           
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                                                             U.S. assets abroad, net  [increase/capital      Foreign assets in the U.S., net               Statistical discrepancy      U.S.    
                                                                            outflow (-)]                      [increase/capital inflow (+)]               -------------------------   official  
                                                        ------------------------------------------------------------------------------------- Allocations                              reserve  
                                                                                       Other                                                   of special  Total (sum   Of which:    assets, net
                         Period                                      U.S.  official     U.S.       U.S.                  Foreign     Other      drawing      of the      Seasonal        \5\    
                                                            Total        reserve      Govern-     private     Total     official    foreign      rights    items with   adjustment  (unadjusted,
                                                                     assets \3\ \5\     ment      assets               assets \3\    assets      (SDRs)       sign     discrepancy     end of   
                                                                                       assets                                                               reversed)                  period)  
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1987...................................................     -72,617         9,149        1,006     -82,771    242,983      45,387    197,596  ...........      -2,974  ...........       45,798 
1988...................................................    -100,087        -3,912        2,967     -99,141    240,265      39,758    200,507  ...........     -11,743  ...........       47,802 
1989...................................................    -168,744       -25,293        1,259    -144,710    218,490       8,503    209,987  ...........      55,830  ...........       74,609 
1990...................................................     -74,011        -2,158        2,307     -74,160    122,192      33,910     88,282  ...........      46,476  ...........       83,316 
1991...................................................     -57,881         5,763        2,911     -66,555     94,241      17,389     76,853  ...........     -26,843  ...........       77,721 
1992...................................................     -68,622         3,901       -1,657     -70,866    154,285      40,477    113,808  ...........     -23,080  ...........       71,323 
1993...................................................    -194,609        -1,379         -342    -192,889    250,996      72,153    178,843  ...........      43,550  ...........       73,442 
1994...................................................    -150,695         5,346         -341    -155,700    285,376      40,253    245,123  ...........      13,724  ...........       74,335 
1995...................................................    -307,856        -9,742         -280    -297,834    424,462     109,757    314,705  ...........      31,548  ...........       85,832 
1996 p.................................................    -306,830         6,668         -665    -312,833    525,046     122,778    402,268  ...........     -53,122  ...........       75,089 
                                                                                                                                                                                                
                                                                                                                                                                                                
1994:I.................................................     -36,897           -59          399     -37,237     83,235      11,036     72,199  ...........     -16,630       5,105        76,809 
      II...............................................     -28,627         3,537          491     -32,655     45,889       9,166     36,723  ...........      18,763         274        75,732 
      III..............................................     -25,569          -165         -288     -25,116     83,619      19,785     63,834  ...........     -18,039      -6,490        76,532 
      IV...............................................     -59,603         2,033         -943     -60,693     72,632         266     72,366  ...........      29,626       1,107        74,335 
                                                                                                                                                                                                
1995:I.................................................     -61,747        -5,318         -154     -56,275     90,995      21,822     69,173  ...........       9,806       6,519        86,761 
      II...............................................    -108,299        -2,722         -179    -105,398    115,421      37,380     78,041  ...........      33,854        -266        90,063 
      III..............................................     -39,595        -1,893          252     -37,954    118,816      39,186     79,630  ...........     -41,533      -7,407        87,152 
      IV...............................................     -98,214           191         -199     -98,206     99,229      11,369     87,860  ...........      29,420       1,153        85,832 
                                                                                                                                                                                                
1996:I r...............................................     -68,723            17         -152     -68,588     99,475      52,021     47,454  ...........       4,522       6,653        84,212 
      II r.............................................     -50,699          -523         -353     -49,823    100,553      13,566     86,987  ...........      -9,261        -449        83,455 
      III r............................................     -73,313         7,489          166     -80,968    142,970      24,235    118,735  ...........     -21,804      -8,318        75,509 
      IV p.............................................    -114,095          -315         -326    -113,454    182,048      32,956    149,092  ...........     -26,573       2,119        75,089 
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    \5\ Consists of gold, special 
drawing rights (SDRs), foreign 
currencies, and the U.S. reserve 
position in the IMF.
    Sources: Department of Commerce 
(Bureau of Economic Analysis) and 
    Department of the Treasury.