[Economic Indicators July, 2002]
[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 $10.0 billion in the first quarter of 2002, in contrast 
to an increase of $83.7 billion in the fourth quarter of 2001. U.S. 
liabilities to private foreigners reported by U.S. banks, excluding 
Treasury securities, decreased $25.3 billion in the first quarter, in 
contrast to an increase of $85.6 billion in the fourth quarter.
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                                               [Millions of dollars; quarterly data seasonally adjusted, except as noted. Credits (+), debits (-)]
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                                                                                                      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)
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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     438,562     109,880     328,682      19,265  ...........       85,832
1996 .............................................          693      -413,923         6,668          -989    -419,602     551,096     126,724     424,372     -20,045  ...........       75,089
1997 .............................................          350      -487,599        -1,010            68    -486,657     706,809      19,036     687,773     -91,188  ...........       69,954
1998 .............................................          704      -359,760        -6,783          -422    -352,555     423,569     -19,903     443,472     139,314  ...........       81,761
1999 .............................................       -3,340      -477,569         8,747         2,750    -489,066     742,479      43,666     698,813      31,286  ...........       71,516
2000 .............................................          837      -606,489          -290          -941    -605,258   1,015,986      37,640     978,346           7  ...........       67,647
2001 .............................................          826      -370,962        -4,911          -486    -365,565     752,806       5,224     747,582      10,701  ...........       68,654
 
1999:III .........................................          216      -117,863         1,951          -686    -119,128     157,453      12,720     144,733      40,337     -11,034        73,414
      IV .........................................       -3,938      -109,033         1,569         3,710    -114,312     227,025      27,510     199,515     -31,158       4,534        71,516
 
2000:I ...........................................          210      -228,888          -554          -127    -228,207     240,723      22,711     218,012      82,053       7,951        70,789
      II .........................................          206      -110,470         2,020          -570    -111,920     245,787       6,563     239,224     -37,436        -838        67,955
      III ........................................          207       -93,029          -346           114     -92,797     244,933      12,904     232,029     -44,934     -10,675        66,256
      IV .........................................          214      -174,104        -1,410          -358    -172,336     284,544      -4,538     289,082         328       3,566        67,647
 
2001:I ...........................................          208      -215,815           190            77    -216,082     302,510       4,087     298,423      20,819       7,691        64,222
      II .........................................          207       -80,036        -1,343          -783     -77,910     181,610     -20,831     202,441      -2,547         875        64,847
      III ........................................          206        24,978        -3,559            77      28,460      17,889      16,882       1,007      48,258     -10,286        70,963
      IV .........................................          205      -100,088          -199           143    -100,032     250,797       5,086     245,711     -55,828       1,721        68,654
 
2002:I p..........................................          201       -13,881           390           239     -14,510     113,315       9,034     104,281      12,852       9,956        67,574
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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.