[Economic Indicators December, 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 decreased $152.0 billion in the third quarter of 2008, following a
decrease of $213.9 billion in the second quarter. U.S. liabilities to
private foreigners reported by U.S. banks, excluding Treasury
securities, decreased $147.9 billion in the third quarter, following a
decrease of $256.6 billion in the second 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 -346,624 420,794 -19,903 440,697 ............ 148,863 ........... 81,761
1999 ................................. -4,939 -504,062 8,747 2,750 -515,559 742,210 43,543 698,667 ............ 68,421 ........... 71,516
2000 ................................. -1,010 -560,523 -290 -941 -559,292 1,038,224 42,758 995,466 ............ -59,265 ........... 67,647
2001 ................................. -1,270 -382,616 -4,911 -486 -377,219 782,870 28,059 754,811 ............ -14,285 ........... 68,654
2002 ................................. -1,470 -294,646 -3,681 345 -291,310 795,161 115,945 679,216 ............ -37,770 ........... 79,006
2003 ................................. -3,480 -325,424 1,523 537 -327,484 858,303 278,069 580,234 ............ -6,000 ........... 85,938
2004 ................................. -2,369 -1,000,870 2,805 1,710 -1,005,385 1,533,201 397,755 1,135,446 ............ 95,030 ........... 86,824
2005 ................................. -4,036 -546,631 14,096 5,539 -566,266 1,247,347 259,268 988,079 ............ 32,313 ........... 65,127
2006 ................................. -3,880 -1,251,749 2,374 5,346 -1,259,469 2,061,113 487,939 1,573,174 29,710 -47,078 ........... 65,895
2007 ................................. -1,843 -1,289,854 -122 -22,273 -1,267,459 2,057,703 411,058 1,646,645 6,496 -41,287 ........... 70,565
2006:I ............................... -1,716 -359,608 513 1,049 -361,170 537,649 130,427 407,222 1,633 17,994 10,054 65,354
II ............................. -1,005 -234,828 -560 1,765 -236,033 405,008 127,303 277,705 14,090 16,641 587 67,935
III ............................ -533 -286,769 1,006 1,570 -289,346 524,858 121,843 403,015 15,134 -41,784 -19,426 66,217
IV ............................. -626 -370,543 1,415 962 -372,920 593,598 108,366 485,232 -1,147 -39,927 8,787 65,895
2007:I ............................... -543 -442,065 -72 445 -442,438 692,713 163,270 529,443 14,795 -67,970 12,192 66,551
II ............................. -112 -523,556 26 -596 -522,985 718,112 88,822 629,290 -1,007 656 722 66,127
III ............................ -617 -170,476 -54 623 -171,045 266,476 13,469 253,007 5,942 71,627 -21,805 69,070
IV ............................. -571 -153,757 -22 -22,744 -130,990 380,402 145,497 234,905 -13,234 -45,600 8,892 70,565
2008:I ............................... -600 -260,644 -276 3,265 -263,634 459,017 173,533 285,484 -8,001 -14,131 9,271 75,764
II r............................ -631 102,698 -1,267 -41,592 145,558 22,719 145,391 -122,672 -2,519 58,677 -3,368 75,740
III p........................... -593 9,505 -179 -225,994 235,678 125,692 117,663 8,029 ............ 39,487 -33,739 71,834
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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.