Release Date: March 2009
U.S. International Transactions Summary (3.10)
Millions of dollars; quarterly data seasonally adjusted except as noted
1
Item credits or debits | 2004 | 2005 | 2006 | 2007.Q4 | 2008.Q1/r | 2008.Q2/r | 2008.Q3/r | 2008.Q4/p |
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1 | Balance on current account | -624,993 | -728,993 | -788,116 | -167,241 | -176,909 | -182,237 | -181,299 | -132,822 |
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2 | Balance on goods and services | -607,730 | -711,567 | -753,283 | -173,783 | -178,443 | -181,419 | -180,882 | -140,386 |
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3 | Exports | 1,160,588 | 1,283,753 | 1,457,015 | 435,465 | 451,517 | 475,365 | 485,911 | 422,993 |
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4 | Imports | -1,768,318 | -1,995,320 | -2,210,298 | -609,248 | -629,960 | -656,784 | -666,792 | -563,379 |
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5 | Income, net | 67,219 | 72,358 | 57,194 | 36,327 | 33,266 | 28,216 | 29,581 | 36,513 |
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6 | Investment, net | 73,361 | 78,758 | 63,804 | 38,151 | 35,063 | 29,996 | 31,381 | 38,375 |
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7 | Direct | 150,852 | 173,205 | 184,146 | 74,835 | 70,326 | 64,930 | 64,073 | 68,558 |
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8 | Portfolio | -77,491 | -94,447 | -120,342 | -36,684 | -35,263 | -34,934 | -32,692 | -30,183 |
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9 | Compensation of employees | -6,141 | -6,400 | -6,609 | -1,824 | -1,796 | -1,780 | -1,800 | -1,862 |
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10 | Unilateral current transfers, net | -84,482 | -89,784 | -92,027 | -29,784 | -31,731 | -29,034 | -29,998 | -28,949 |
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11 | Change in U.S.government assets other than official reserve assets (increase, -) | 1,710 | 5,539 | 5,346 | -22,744 | 3,265 | -41,592 | -225,990 | -265,193 |
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12 | Change in U.S. official reserve assets (increase, -) | 2,805 | 14,096 | 2,374 | -22 | -276 | -1,267 | -179 | -3,126 |
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13 | Gold | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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14 | Special drawing rights (SDRs) | -398 | 4,511 | -223 | -35 | -29 | -22 | -30 | -25 |
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15 | Reserve position in International Monetary Fund | 3,826 | 10,200 | 3,331 | 285 | 112 | -955 | 256 | -2,886 |
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16 | Foreign currencies | -623 | -615 | -734 | -272 | -359 | -290 | -405 | -215 |
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17 | Change in U.S. private assets abroad (increase, -) | -1,005,385 | -566,266 | -1,259,469 | -130,990 | -267,855 | 142,769 | 254,226 | 352,760 |
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18 | Bank-reported claims2 | -366,047 | -207,625 | -488,424 | -115,926 | -221,316 | 213,859 | 134,444 | 298,031 |
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19 | Nonbank reported claims | -152,566 | -71,207 | -164,597 | 100,043 | 81,848 | 49,324 | 89,523 | 63,070 |
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20 | U.S. purchase of foreign securities, net | -170,549 | -251,199 | -365,204 | -4,202 | -35,066 | -33,576 | 82,615 | 76,978 |
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21 | U.S. direct investments abroad, net | -316,223 | -36,235 | -241,244 | -110,905 | -93,321 | -86,838 | -52,356 | -85,319 |
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22 | Change in foreign official assets in United States (increase, +) | 397,755 | 259,268 | 487,939 | 145,497 | 173,533 | 145,391 | 116,078 | -13,627 |
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23 | U.S. Treasury securities | 273,279 | 112,841 | 208,564 | 42,728 | 88,649 | 58,143 | 116,479 | 178,948 |
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24 | Other U.S. government obligations | 41,662 | 100,493 | 219,837 | 12,109 | 79,234 | 93,145 | -10,559 | -95,974 |
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25 | Other U.S. government liabilities2 | -134 | -421 | 2,816 | 4,132 | 1,645 | 2,439 | 1,642 | 2,900 |
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26 | Other U.S. liabilities reported by U.S. banks2 | 69,245 | 26,260 | 22,365 | 52,537 | -26,930 | -30,055 | 10,302 | -106,973 |
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27 | Other foreign official assets3 | 13,703 | 20,095 | 34,357 | 33,991 | 30,935 | 21,719 | -1,786 | 7,472 |
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28 | Change in foreign private assets in United States (increase, +) | 1,135,446 | 988,079 | 1,573,174 | 234,905 | 286,572 | -122,183 | 7,268 | 6,016 |
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29 | U.S. bank-reported liabilities4 | 335,206 | 214,736 | 461,100 | 123,987 | 79,088 | -256,616 | -124,679 | -35,136 |
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30 | U.S. nonbank reported liabilities | 165,872 | 69,572 | 242,727 | -111,846 | 84,085 | -54,350 | 71,053 | -130,111 |
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31 | Foreign private purchases of U.S. Treasury securities, net | 93,608 | 132,300 | -58,204 | 60,059 | 63,263 | 65,692 | 89,134 | 89,542 |
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32 | U.S. currency flows | 13,301 | 8,447 | 2,227 | -3,530 | -914 | 230 | 5,845 | 29,862 |
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33 | Foreign purchases of other U.S. securities, net | 381,493 | 450,386 | 683,363 | 110,489 | -20,475 | 17,068 | -91,398 | -28,763 |
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34 | Foreign direct investments in United States, net | 145,966 | 112,638 | 241,961 | 55,746 | 81,525 | 105,793 | 57,313 | 80,622 |
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35 | Capital account transactions, net5 | -2,369 | -4,036 | -3,880 | -571 | -600 | -631 | -735 | -633 |
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36 | Discrepancy | 95,030 | 32,313 | -47,078 | -45,600 | -9,729 | 62,269 | 34,706 | 56,625 |
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37 | Due to seasonal adjustment | ... | ... | ... | 8,892 | 13,673 | 223 | -28,548 | 14,652 |
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38 | Before seasonal adjustment | 95,030 | 32,313 | -47,078 | -54,491 | -23,403 | 62,045 | 63,254 | 41,973 |
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| Memo | |
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| Changes in official assets | |
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39 | U.S. official reserve assets (increase, -) | 2,805 | 14,096 | 2,374 | -22 | -276 | -1,267 | -179 | -3,126 |
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40 | Foreign official assets in United States, excluding line 25 (increase, +) | 397,889 | 259,689 | 485,123 | 141,365 | 171,888 | 142,952 | 114,436 | -16,527 |
Source: U.S. Department of Commerce, Bureau of Economic Analysis, Survey of Current Business.