[Economic Indicators October, 2000] [Page Number 37] [From the U.S. Government Publishing Office, www.gpo.gov] U.S. INTERNATIONAL TRANSACTIONS--Continued In the financial account, U.S. claims on foreigners reported by U.S. banks decreased $14.9 billion in the second quarter of 2000, in contrast to an increase of $55.5 billion in the first quarter. U.S. liabilities to private foreigners reported by U.S. banks, excluding Treasury securities, increased $48.7 billion in the second quarter, following a decrease of $8.8 billion in the first quarter. ____________________________________________________________________________________________________________________________________________ [Millions of dollars; quarterly data seasonally adjusted, except as noted] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Financial account Statistical discrepancy --------------------------------------------------------------------------------------------------------------- U.S. U.S.-owned assets abroad, net [increase/financial Foreign-owned assets in the official Capital outflow (-)] U.S., net [increase/financial Total (sum reserve Period account ---------------------------------------------------- inflow (+)] of the Of which: assets, net transactions, Other U.S. ---------------------------------- items with Seasonal \5\ net \3\ 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) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1990 ............................................... -6,579 -81,234 -2,158 2,317 -81,393 141,571 33,910 107,661 23,204 ........... 83,316 1991 ............................................... -4,479 -64,388 5,763 2,924 -73,075 110,808 17,389 93,420 -48,557 ........... 77,721 1992 ............................................... 612 -74,410 3,901 -1,667 -76,644 170,663 40,477 130,186 -49,141 ........... 71,323 1993 ............................................... -88 -200,552 -1,379 -351 -198,822 282,040 71,753 210,287 1,281 ........... 73,442 1994 ............................................... -469 -176,056 5,346 -390 -181,012 305,989 39,583 266,406 -10,859 ........... 74,335 1995 ............................................... 372 -352,376 -9,742 -984 -341,650 465,684 109,880 355,804 -4,223 ........... 85,832 1996 ............................................... 693 -413,923 6,668 -989 -419,602 571,706 126,724 444,982 -35,158 ........... 75,089 1997 ............................................... 350 -488,940 -1,010 68 -487,998 756,962 18,876 738,086 -127,832 ........... 69,954 1998 ............................................... 637 -335,436 -6,783 -422 -328,231 482,235 -20,127 502,362 69,702 ........... 81,761 1999 ............................................... -3,500 -430,187 8,747 2,751 -441,685 753,564 42,864 710,700 11,602 ........... 71,516 1998:I ............................................. 149 -68,887 -444 -80 -68,363 86,840 10,967 75,873 24,288 5,720 69,353 II ........................................... 157 -141,617 -1,945 -483 -139,189 167,085 -10,235 177,320 25,850 -1,578 71,161 III .......................................... 155 -53,027 -2,025 188 -51,190 82,790 -46,651 129,441 31,391 -11,014 75,676 IV ........................................... 176 -71,904 -2,369 -47 -69,488 145,520 25,792 119,728 -11,827 6,872 81,761 1999:I ............................................. 157 -21,555 4,068 118 -25,741 102,780 4,274 98,506 -14,755 5,514 74,359 II ........................................... 165 -170,842 1,159 -392 -171,609 272,008 -1,096 273,104 -22,349 -1,511 71,689 III .......................................... 171 -122,909 1,951 -686 -124,174 194,210 12,191 182,019 18,177 -9,739 73,414 IV ........................................... -3,993 -114,882 1,569 3,711 -120,162 184,567 27,495 157,072 30,531 5,738 71,516 2000:I ............................................. 166 -178,958 -554 -131 -178,273 236,535 22,015 214,520 43,762 5,724 70,789 II p.......................................... 163 -73,648 2,020 -572 -75,096 222,736 5,905 216,831 -43,113 -2,505 67,955 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \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.