[Economic Indicators January, 2007] [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 $85.7 billion in the third quarter of 2006, following an increase of $80.7 billion in the second quarter. U.S. liabilities to private foreigners reported by U.S. banks, excluding Treasury securities, increased $89.1 billion in the third quarter, following an increase of $79.6 billion in the second quarter. ____________________________________________________________________________________________________________________________________________ [Millions of dollars; quarterly data seasonally adjusted. Credits (+), debits (-)] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Financial account Statistical discrepancy ------------------------------------------------------------------------------------------------------------- U.S. U.S.-owned assets abroad, net [increase/ Foreign-owned assets in the U.S., official Capital financial outflow (-)] net [increase/financial inflow Total (sum reserve Period account ------------------------------------------------ (+)] of the Of which: assets, net transactions, U.S. Other U.S. ------------------------------------ items with Seasonal \4\ net official Govern- U.S. Foreign Other sign adjustment (unadjusted, Total reserve ment private Total official foreign reversed) discrepancy end of assets \4\ assets assets assets assets period) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 1996 ................................................. -735 -413,409 6,668 -989 -419,088 551,096 126,724 424,372 -12,188 ........... 75,089 1997 ................................................. -1,027 -485,475 -1,010 68 -484,533 706,809 19,036 687,773 -79,905 ........... 69,954 1998 ................................................. -766 -353,829 -6,783 -422 -346,624 423,569 -19,903 443,472 144,554 ........... 81,761 1999 ................................................. -4,939 -504,062 8,747 2,750 -515,559 740,210 43,543 696,667 68,617 ........... 71,516 2000 ................................................. -1,010 -560,523 -290 -941 -559,292 1,046,896 42,758 1,004,138 -70,213 ........... 67,647 2001 ................................................. -1,270 -382,616 -4,911 -486 -377,219 782,859 28,059 754,800 -10,014 ........... 68,654 2002 ................................................. -1,470 -294,646 -3,681 345 -291,310 797,813 115,945 681,868 -29,251 ........... 79,006 2003 ................................................. -3,321 -326,424 1,523 537 -328,484 864,769 278,275 586,494 -7,510 ........... 85,938 2004 ................................................. -2,261 -867,802 2,805 1,710 -872,317 1,450,221 387,809 1,062,412 85,128 ........... 86,824 2005 ................................................. -4,351 -426,801 14,096 5,539 -446,436 1,212,250 199,495 1,012,755 10,410 ........... 65,127 2004:I ............................................... -457 -309,212 557 727 -310,496 438,930 147,627 291,303 16,577 10,471 85,192 II ............................................. -399 -135,173 1,122 -2 -136,293 314,152 79,944 234,208 -11,809 -2,405 82,652 III ............................................ -923 -144,528 429 484 -145,441 260,132 71,285 188,847 51,646 -12,227 82,578 IV ............................................. -482 -278,884 697 501 -280,082 437,006 88,953 348,053 28,716 4,163 86,824 2005:I................................................ -2,691 -87,391 5,331 2,591 -95,313 224,128 18,965 205,163 57,678 13,192 78,942 II ............................................. -589 -196,376 -797 989 -196,568 346,179 74,613 271,566 44,044 -4,862 76,594 III ............................................ -557 -132,380 4,766 1,501 -138,647 388,592 33,983 354,609 -72,240 -17,549 71,273 IV ............................................. -514 -10,656 4,796 459 -15,911 253,350 71,934 181,416 -19,071 9,219 65,127 2006:I................................................ -1,756 -355,978 513 1,049 -357,540 527,498 75,697 451,801 43,434 10,437 65,354 II ............................................. -1,003 -211,375 -560 1,765 -212,580 364,576 75,869 288,707 64,929 -3,040 67,935 III p........................................... -551 -223,769 1,006 287 -225,062 400,161 80,775 319,386 49,709 -14,324 66,217 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ \4\ Consists of gold, special drawing rights (SDRs), foreign currencies, and the U.S. reserve position in the International Monetary Fund (IMF). Sources: Department of Commerce (Bureau of Economic Analysis) and Department of the Treasury.