[Economic Indicators May, 2008]
[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 $43.0 billion in the fourth quarter of 2007, following 
an increase of $102.5 billion in the third quarter. U.S. liabilities to 
private foreigners reported by U.S. banks, excluding Treasury 
securities, increased $94.9 billion in the fourth quarter, following an 
increase of $68.4 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,  excluding financial    Foreign-owned assets in the U.S.,                                           official
                                           Capital       derivatives  [increase/financial outflow (-)]     excluding financial derivatives                 Total (sum                  reserve
                Period                     account    --------------------------------------------------   [increase/financial inflow (+)]     Financial     of the     Of which:    assets, net
                                        transactions,                  U.S.     Other U.S.              ------------------------------------ derivatives,  items with    Seasonal        \4\
                                              net                    official     Govern-       U.S.                   Foreign      Other         net         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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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       28,762      -17,794  ...........       65,895
2007 p................................       -2,317     -1,206,332        -122     -22,931   -1,183,278   1,863,697     412,698   1,450,999  ............      83,590  ...........       70,565
 
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        1,633        6,593       9,958        65,354
      II..............................       -1,008       -212,218        -560       1,765     -213,423     355,442     120,861     234,581       14,001       49,378        -252        67,935
      III.............................         -545       -209,898       1,006       1,570     -212,474     449,987     108,799     341,188       14,911      -37,121     -15,973        66,217
      IV..............................         -637       -289,028       1,415         962     -291,405     516,029      85,347     430,682       -1,783      -36,643       6,267        65,895
 
2007:I ...............................         -559       -449,933         -72         445     -450,306     617,724     152,193     465,531       14,800       16,170      11,796        66,551
      II .............................         -598       -465,907          26        -369     -465,565     622,851      70,464     552,387       -1,007       34,719         784        66,127
      III ............................         -609       -174,027         -54         623     -174,596     276,555      38,857     237,698        8,552       66,972     -17,759        69,070
      IV p............................         -552       -116,464         -22     -23,630      -92,812     346,567     151,184     195,383  ............     -56,615       5,180        70,565
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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.