[Economic Indicators November, 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 increased $37.1 billion in the second quarter of 1999, following a
decrease of $27.8 billion in the first quarter. U.S. liabilities to
private foreigners reported by U.S. banks, excluding Treasury
securities, increased $49.4 billion in the second quarter, following a
decrease of $14.2 billion in the first quarter.
______________________________________________________________________
______________________________________________________________________
[Millions of dollars; quarterly data seasonally adjusted, except as noted]
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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 \3\ 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)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1989 ................................................. 336 -175,662 -25,293 1,233 -151,602 225,307 8,503 216,804 48,920 ........... 74,609
1990 ................................................. -6,579 -81,570 -2,158 2,317 -81,729 142,028 33,910 108,118 25,454 ........... 83,316
1991 ................................................. -4,479 -64,732 5,763 2,924 -73,419 111,332 17,389 93,944 -46,405 ........... 77,721
1992 ................................................. 612 -74,877 3,901 -1,667 -77,111 171,815 40,477 131,338 -46,921 ........... 71,323
1993 ................................................. -88 -201,014 -1,379 -351 -199,284 283,230 71,753 211,477 3,157 ........... 73,442
1994 ................................................. -469 -176,586 5,346 -390 -181,542 307,306 39,583 267,723 -8,571 ........... 74,335
1995 ................................................. 372 -330,675 -9,742 -984 -319,949 467,552 109,880 357,672 -23,683 ........... 85,832
1996 ................................................. 672 -380,762 6,668 -989 -386,441 574,847 127,390 447,457 -65,462 ........... 75,089
1997 ................................................. 292 -465,296 -1,010 68 -464,354 751,661 18,119 733,542 -143,192 ........... 69,954
1998 ................................................. 617 -292,818 -6,784 -429 -285,605 502,637 -21,684 524,321 10,126 ........... 81,761
1997:I ............................................... 135 -144,665 4,480 -76 -149,069 185,303 27,524 157,779 -5,875 4,724 67,222
II ............................................. 56 -91,124 -236 -298 -90,590 152,767 -6,177 158,944 -30,228 -682 67,813
III ............................................ 19 -112,578 -730 377 -112,225 188,126 23,260 164,866 -39,952 -10,546 67,148
IV ............................................. 82 -116,929 -4,524 65 -112,470 225,466 -26,488 251,954 -67,141 6,500 69,954
1998:I ............................................... 143 -59,599 -444 -81 -59,074 96,817 11,004 85,813 5,657 5,915 69,353
II ............................................. 160 -120,517 -1,945 -483 -118,089 162,466 -10,551 173,017 10,291 528 71,161
III ............................................ 148 -62,097 -2,026 185 -60,256 93,547 -46,489 140,036 31,878 -10,582 75,676
IV ............................................. 166 -50,607 -2,369 -50 -48,188 149,805 24,352 125,453 -37,695 4,144 81,761
1999:I ............................................... 166 -15,148 4,068 119 -19,335 88,860 4,708 84,152 -5,224 5,264 74,359
II p............................................ 180 -124,161 1,159 -380 -124,940 241,047 -986 242,033 -36,393 582 71,689
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
\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.