[Economic Indicators January, 1998]
[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 $22.8 billion in the third quarter of 1997, following an 
increase of $27.9 billion in the second quarter. U.S. liabilities to 
private foreigners reported by U.S. banks, excluding Treasury 
securities, increased $14.1 billion in the third quarter, following an 
increase of $28.1 billion in the second 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 outflow   Foreign assets in the U.S., net               Statistical discrepancy      U.S.    
                                                                               (-)]                           [increase/capital inflow (+)]               -------------------------   official  
                                                       -------------------------------------------------------------------------------------- Allocations                              reserve  
                                                                                                                                               of special  Total (sum   Of which:    assets, net
                        Period                                      U.S.  official  Other 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 \3\                                                              reversed)                  period)  
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1987..................................................     -72,617         9,149         1,006     -82,771    248,383      45,387    202,996  ...........      -7,713  ...........       45,798 
1988..................................................    -100,221        -3,912         2,967     -99,275    246,065      39,758    206,307  ...........     -17,600  ...........       47,802 
1989..................................................    -168,744       -25,293         1,259    -144,710    224,390       8,503    215,887  ...........      48,585  ...........       74,609 
1990..................................................     -74,011        -2,158         2,307     -74,160    140,992      33,910    107,082  ...........      24,911  ...........       83,316 
1991..................................................     -57,881         5,763         2,911     -66,555    109,641      17,389     92,253  ...........     -46,103  ...........       77,721 
1992..................................................     -68,774         3,901        -1,657     -71,018    168,776      40,477    128,299  ...........     -43,619  ...........       71,323 
1993..................................................    -194,537        -1,379          -342    -192,817    279,671      71,753    207,918  ...........       5,637  ...........       73,442 
1994..................................................    -160,516         5,346          -352    -165,510    297,337      40,385    256,952  ...........      -3,283  ...........       74,335 
1995..................................................    -307,207        -9,742          -549    -296,916    451,234     110,729    340,505  ...........     -14,931  ...........       85,832 
1996..................................................    -352,444         6,668          -690    -358,422    547,555     122,354    425,201  ...........     -46,927  ...........       75,089 
                                                                                                                                                                                                
1995:I................................................     -59,625        -5,318          -158     -54,149     97,652      22,098     75,554  ...........      -3,318       5,658        86,761 
      II..............................................    -110,548        -2,722          -184    -107,642    122,714      37,138     85,576  ...........      23,538        -775        90,063 
      III.............................................     -40,679        -1,893           266     -39,052    125,839      39,585     86,254  ...........     -52,028      -6,985        87,152 
      IV..............................................     -96,356           191          -473     -96,074    105,029      11,908     93,121  ...........      16,881       2,106        85,832 
                                                                                                                                                                                                
1996:I................................................     -70,768            17          -210     -70,575     88,233      52,014     36,219  ...........      15,419       6,228        84,212 
      II..............................................     -49,698          -523          -358     -48,817    106,114      13,154     92,960  ...........     -20,831      -1,076        83,455 
      III.............................................     -77,542         7,489           162     -85,193    158,629      24,089    134,540  ...........     -38,254      -7,830        75,509 
      IV..............................................    -154,436          -315          -284    -153,837    194,579      33,097    161,482  ...........      -3,269       2,669        75,089 
                                                                                                                                                                                                
1997:I................................................    -127,969         4,480           -21    -132,428    182,238      28,891    153,347  ...........     -14,297       7,059        67,222 
      II..............................................     -90,935          -236          -268     -90,431    143,015      -5,374    148,389  ...........     -14,228      -1,713        67,813 
      IIIp............................................    -101,564          -730           482    -101,316    169,540      22,498    147,042  ...........     -25,820      -8,560        67,148 
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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.