[Economic Indicators June, 1999]
[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 decreased $35.2 billion in the first quarter of 1999, following a 
decrease of $37.2 billion in the fourth quarter of 1998. U.S. 
liabilities to private foreigners reported by U.S. banks, excluding 
Treasury securities, decreased $14.5 billion in the first quarter, 
following a decrease of $21.8 billion in the fourth quarter. (Series 
revised.)
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                                                           [Millions of dollars; quarterly data seasonally adjusted, except as noted]
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                                                                                                       Financial account                                   Statistical discrepancy
                                                                    ---------------------------------------------------------------------------------------------------------------     U.S.
                                                                     U.S. assets abroad, net  [increase/capital outflow   Foreign assets in the U.S., net                             official
                                                                                            (-)]                           [increase/capital inflow (+)]   Total (sum                  reserve
                         Period                             Capital --------------------------------------------------------------------------------------   of the     Of which:    assets, net
                                                           account                               Other U.S.                                                items with    Seasonal        \5\
                                                                                 U.S.  official    Govern-      U.S.                  Foreign     Other       sign      adjustment  (unadjusted,
                                                                        Total        reserve        ment       private     Total     official    foreign    reversed)  discrepancy     end of
                                                                                 assets \3\ \5\  assets \3\    assets               assets \3\    assets                               period)
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1989 r..................................................        336    -175,662       -25,293         1,233    -151,602    225,307       8,503    216,804      48,920  ...........       74,609
1990 r..................................................     -6,579     -81,570        -2,158         2,317     -81,729    142,028      33,910    108,118      25,454  ...........       83,316
1991 r..................................................     -4,479     -64,732         5,763         2,924     -73,419    111,332      17,389     93,944     -46,405  ...........       77,721
1992 r..................................................        612     -74,877         3,901        -1,667     -77,111    171,815      40,477    131,338     -46,921  ...........       71,323
1993 r..................................................        -88    -201,014        -1,379          -351    -199,284    283,230      71,753    211,477       3,157  ...........       73,442
1994 r..................................................       -469    -176,586         5,346          -390    -181,542    307,306      39,583    267,723      -8,571  ...........       74,335
1995 r..................................................        372    -330,675        -9,742          -984    -319,949    467,552     109,880    357,672     -23,683  ...........       85,832
1996 r..................................................        672    -380,762         6,668          -989    -386,441    574,847     127,390    447,457     -65,462  ...........       75,089
1997 r..................................................        292    -465,296        -1,010            68    -464,354    751,661      18,119    733,542    -143,192  ...........       69,954
1998 r..................................................        617    -292,818        -6,784          -429    -285,605    502,637     -21,684    524,321     -10,126  ...........       81,761
 
1997:I r................................................        135    -144,665         4,480           -76    -149,069    185,303      27,524    157,779      -5,875       4,724        67,222
      II r..............................................         56     -91,124          -236          -298     -90,590    152,767      -6,177    158,944     -30,228        -682        67,813
      III r.............................................         19    -112,578          -730           377    -112,225    188,126      23,260    164,866     -39,952     -10,546        67,148
      IV r..............................................         82    -116,929        -4,524            65    -112,470    225,466     -26,488    251,954     -67,141       6,500        69,954
 
1998:I r................................................        143     -59,599          -444           -81     -59,074     96,817      11,004     85,813       5,657       5,915        69,353
      II r..............................................        160    -120,517        -1,945          -483    -118,089    162,466     -10,551    173,017      10,291         528        71,161
      III r.............................................        148     -62,097        -2,026           185     -60,256     93,547     -46,489    140,036      31,878     -10,582        75,676
      IV r..............................................        166     -50,607        -2,369           -50     -48,188    149,805      24,352    125,453     -37,695       4,144        81,761
 
1999:I p................................................        170       9,227         4,068           147       5,012     74,870       8,568     66,302     -15,684       5,717        74,359
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    \5\ Consists of gold, special 
drawing rights (SDRs), foreign 
currencies, and the U.S. reserve 
position in the IMF.
    Note.--Data reflect annual, 
methodological, and seasonal 
adjustment revisions. Goods revised 
beginning 1996; services data 
revised beginning 1982. See Survey 
of Current Business July 1999, for 
details.
    Sources: Department of Commerce 
(Bureau of Economic Analysis) and 
Department of the Treasury.