[Economic Indicators October, 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 $203.9 billion in the second quarter of 2007, following 
an increase of $233.4 billion in the first quarter. U.S. liabilities to 
private foreigners reported by U.S. banks, excluding Treasury 
securities, increased $137.8 billion in the second quarter, following an 
increase of $203.6 billion in the first 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     -79,581  ...........       69,954
1998................................................         -766       -353,829      -6,783        -422     -346,624     423,569     -19,903     443,472     146,088  ...........       81,761
1999................................................       -4,939       -504,062       8,747       2,750     -515,559     740,210      43,543     696,667      70,421  ...........       71,516
2000................................................       -1,010       -560,523        -290        -941     -559,292   1,046,896      42,758   1,004,138     -67,937  ...........       67,647
2001................................................       -1,270       -382,616      -4,911        -486     -377,219     782,859      28,059     754,800     -14,274  ...........       68,654
2002................................................       -1,470       -294,646      -3,681         345     -291,310     797,813     115,945     681,868     -42,056  ...........       79,006
2003................................................       -3,480       -325,424       1,523         537     -327,484     864,352     278,069     586,283     -13,348  ...........       85,938
2004................................................       -2,369       -905,024       2,805       1,710     -909,539   1,461,766     397,755   1,064,011      85,775  ...........       86,824
2005................................................       -4,054       -426,875      14,096       5,539     -446,510   1,204,231     259,268     944,963     -18,454  ...........       65,127
2006................................................       -3,913     -1,055,176       2,374       5,346   -1,062,896   1,859,597     440,264   1,419,333     -17,794  ...........       65,895
 
2004:I..............................................         -487       -319,682         557         727     -320,966     441,606     147,636     293,970      18,505       8,467        85,192
      II............................................         -427       -147,854       1,122          -2     -148,974     313,790      79,949     233,841      -6,823      -1,889        82,652
      III...........................................         -952       -152,663         429         484     -153,576     255,885      76,120     179,765      55,802     -13,383        82,578
      IV............................................         -503       -284,826         697         501     -286,024     450,485      94,050     356,435      18,295       6,809        86,824
 
2005:I..............................................       -2,598        -86,619       5,331       2,591      -94,541     232,614      25,052     207,562      38,995      12,335        78,942
      II............................................         -512       -213,305        -797         989     -213,497     310,822      81,292     229,530      86,234      -3,620        76,594
      III...........................................         -473       -141,628       4,766       1,501     -147,894     383,808      54,736     329,072     -68,302     -18,362        71,273
      IV............................................         -472         14,678       4,796         459        9,423     276,987      98,188     178,799     -75,384       9,644        65,127
 
2006:I..............................................       -1,724       -344,032         513       1,049     -345,594     538,140     125,257     412,883       6,593       9,958        65,354
      II............................................       -1,008       -212,218        -560       1,765     -213,423     355,442     120,861     234,581      49,378        -252        67,935
      III...........................................         -545       -209,898       1,006       1,570     -212,474     449,987     108,799     341,188     -37,121     -15,973        66,217
      IV............................................         -637       -289,028       1,415         962     -291,405     516,029      85,347     430,682     -36,643       6,267        65,895
 
2007:I .............................................         -559       -449,454         -72         445     -449,827     616,602     152,193     464,409      15,708      11,335        66,551
      II p..........................................         -589       -469,470          26        -493     -469,003     620,405      70,098     550,307      40,444      -1,080        66,127
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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.