[Economic Indicators March, 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 $120.7 billion in the fourth quarter of 2006, following 
an increase of $84.6 billion in the third quarter. U.S. liabilities to 
private foreigners reported by U.S. banks, excluding Treasury 
securities, increased $126.7 billion in the fourth quarter, following an 
increase of $86.0 billion in the third quarter.
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                                                       [Millions of dollars; quarterly data seasonally adjusted. Credits (+), debits (-)]
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                                                                                                       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)
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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
2006 p..............................................       -3,914     -1,045,760       2,374       5,219   -1,053,353   1,764,909     300,510   1,464,399     141,419  ...........       65,895
 
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:Ir.............................................       -1,756       -356,654         513       1,049     -358,216     527,923      75,697     452,226      44,265      11,268        65,354
      II r..........................................       -1,003       -211,969        -560       1,765     -213,174     365,543      75,869     289,674      65,142      -2,827        67,935
      III r.........................................         -551       -225,888       1,006       1,570     -228,464     455,598      78,434     377,164         218     -13,702        66,217
      IV p..........................................         -604       -251,249       1,415         835     -253,499     415,845      70,510     345,335      31,798       5,263        65,895
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    \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.