[Economic Indicators July, 2001] [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 increased $90.0 billion in the first quarter of 2001, following an increase of $71.6 billion in the fourth quarter. U.S. liabilities to private foreigners reported by U.S. banks, excluding Treasury securities, decreased $0.5 billion in the first quarter, in contrast to an increase of $43.4 billion in the fourth quarter. ____________________________________________________________________________________________________________________________________________ [Millions of dollars; quarterly data seasonally adjusted, except as noted. Credits (+), debits (-)] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Financial account Statistical discrepancy ----------------------------------------------------------------------------------------------------------------- U.S. U.S.-owned assets abroad, net [increase/financial Foreign-owned assets in the U.S., official Capital outflow (-)] net [increase/financial inflow Total (sum reserve Period account ---------------------------------------------------- (+)] 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) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1991 ............................................. -4,479 -64,388 5,763 2,924 -73,075 110,808 17,389 93,420 -45,688 ........... 77,721 1992 ............................................. 612 -74,410 3,901 -1,667 -76,644 170,663 40,477 130,186 -48,350 ........... 71,323 1993 ............................................. -88 -200,552 -1,379 -351 -198,822 282,040 71,753 210,287 1,123 ........... 73,442 1994 ............................................. -469 -176,056 5,346 -390 -181,012 305,989 39,583 266,406 -11,220 ........... 74,335 1995 ............................................. 372 -352,376 -9,742 -984 -341,650 465,684 109,880 355,804 -3,782 ........... 85,832 1996 ............................................. 693 -413,923 6,668 -989 -419,602 586,038 126,724 459,314 -51,871 ........... 75,089 1997 ............................................. 350 -487,599 -1,010 68 -486,657 759,290 19,036 740,254 -132,232 ........... 69,954 1998 ............................................. 678 -359,632 -6,783 -422 -352,427 504,464 -19,948 524,412 71,947 ........... 81,761 1999 ............................................. -3,491 -437,067 8,747 2,751 -448,565 813,744 43,551 770,193 -48,822 ........... 71,516 2000 ............................................. 705 -580,952 -290 -944 -579,718 1,024,218 37,619 986,599 696 ........... 67,647 1998:I ........................................... 163 -75,937 -444 -80 -75,413 96,654 10,999 85,655 22,611 6,211 69,353 II ......................................... 168 -139,964 -1,945 -483 -137,536 173,254 -10,230 183,484 18,943 -1,431 71,161 III ........................................ 164 -60,247 -2,025 188 -58,410 96,248 -46,639 142,887 24,373 -11,256 75,676 IV ......................................... 183 -83,486 -2,369 -47 -81,070 138,308 25,922 112,386 6,020 6,476 81,761 1999:I ........................................... 158 -43,657 4,068 118 -47,843 130,758 4,164 126,594 -20,811 6,425 74,359 II ......................................... 167 -170,707 1,159 -392 -171,474 278,047 -736 278,783 -30,129 -711 71,689 III ........................................ 173 -114,931 1,951 -686 -116,196 172,119 12,721 159,398 30,702 -10,320 73,414 IV ......................................... -3,989 -107,769 1,569 3,711 -113,049 232,820 27,402 205,418 -28,588 4,602 71,516 2000:I ........................................... 173 -198,105 -554 -127 -197,424 256,782 22,498 234,284 46,053 8,501 70,789 II ......................................... 173 -93,573 2,020 -572 -95,021 250,007 6,447 243,560 -48,473 -2,380 67,955 III ........................................ 175 -107,727 -346 114 -107,495 222,108 12,247 209,861 749 -9,977 66,256 IV ......................................... 184 -181,548 -1,410 -359 -179,779 295,321 -3,573 298,894 2,367 3,856 67,647 2001:I p.......................................... 174 -156,937 190 68 -157,195 237,503 4,091 233,412 28,822 8,945 64,222 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \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.