Statistical Supplement | July 2005 Statistical Supplement to the Federal Reserve Bulletin, July 2005 |
Millions of dollars; quarterly data seasonally adjusted except as noted1 | |||||||||
Item credits or debits | 2002 | 2003 | 2004 | 2004 | 2005 | ||||
---|---|---|---|---|---|---|---|---|---|
Q1 | Q2 | Q3 | Q4 | Q1 | |||||
1 | Balance on current account | -475,211 | -519,679 | -668,074 | -146,101 | -166,635 | -166,982 | -188,359 | -195,052 |
2 | Balance on goods and services | -421,181 | -494,814 | -617,583 | -138,852 | -152,042 | -157,465 | -169,221 | -171,757 |
3 | Exports | 977,276 | 1,022,567 | 1,151,448 | 277,093 | 285,099 | 290,370 | 298,887 | 307,689 |
4 | Imports | -1,398,457 | -1,517,381 | -1,769,031 | -415,945 | -437,141 | -447,835 | -468,108 | -479,446 |
5 | Income, net | 10,016 | 46,304 | 30,439 | 15,022 | 5,922 | 6,254 | 3,236 | 3,777 |
6 | Investment, net | 15,453 | 51,834 | 36,234 | 16,438 | 7,407 | 7,694 | 4,691 | 5,182 |
7 | Direct | 99,770 | 121,842 | 127,921 | 35,082 | 29,080 | 30,343 | 33,413 | 31,288 |
8 | Portfolio | -84,317 | -70,008 | -91,687 | -18,644 | -21,673 | -22,649 | -28,722 | -26,106 |
9 | Compensation of employees | -5,437 | -5,530 | -5,795 | -1,416 | -1,485 | -1,440 | -1,455 | -1,405 |
10 | Unilateral current transfers, net | -64,046 | -71,169 | -80,930 | -22,271 | -20,515 | -15,771 | -22,374 | -27,072 |
11 | Change in U.S. government assets other than official reserve assets, net (increase, -) | 345 | 537 | 1,215 | 727 | -2 | -11 | 501 | 4,543 |
12 | Change in U.S. official reserve assets (increase, -) | -3,681 | 1,523 | 2,805 | 557 | 1,122 | 429 | 697 | 5,331 |
13 | Gold | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
14 | Special drawing rights (SDRs) | -475 | 601 | -398 | -100 | -90 | -98 | -110 | 1,713 |
15 | Reserve position in International Monetary Fund | -2,632 | 1,494 | 3,826 | 815 | 1,345 | 676 | 990 | 3,763 |
16 | Foreign currencies | -574 | -572 | -623 | -158 | -133 | -149 | -183 | -145 |
17 | Change in U.S. private assets abroad (increase, -) | -290,691 | -330,457 | -859,529 | -296,424 | -135,006 | -137,943 | -290,155 | -70,560 |
18 | Bank-reported claims2 | -38,260 | -9,574 | -356,133 | -173,073 | -41,010 | -44,787 | -97,263 | 62,253 |
19 | Nonbank-reported claims | -49,403 | -24,240 | -149,001 | -55,452 | -5,390 | -13,490 | -74,669 | -65,757 |
20 | U.S. purchase of foreign securities, net | -48,568 | -156,064 | -102,383 | -15,532 | -30,181 | -38,444 | -18,226 | -34,808 |
21 | U.S. direct investments abroad, net | -154,460 | -140,579 | -252,012 | -52,367 | -58,425 | -41,222 | -99,997 | -32,248 |
22 | Change in foreign official assets in United States (increase, +) | 115,945 | 278,275 | 394,710 | 147,401 | 77,039 | 75,792 | 94,478 | 24,730 |
23 | U.S. Treasury securities | 60,466 | 184,931 | 272,648 | 112,586 | 62,977 | 55,357 | 41,728 | 15,240 |
24 | Other U.S. government obligations | 30,505 | 39,943 | 38,485 | 11,424 | 479 | 11,542 | 15,040 | 24,927 |
25 | Other U.S. government liabilities2 | 137 | -517 | 488 | -109 | 45 | 710 | -158 | -675 |
26 | Other U.S. liabilities reported by U.S. banks2 | 21,221 | 48,643 | 70,329 | 22,058 | 11,350 | 4,867 | 32,054 | -17,281 |
27 | Other foreign official assets3 | 3,616 | 5,275 | 12,760 | 1,442 | 2,188 | 3,316 | 5,814 | 2,519 |
28 | Change in foreign private assets in United States (increase, +) | 678,398 | 610,768 | 1,045,395 | 275,622 | 227,898 | 178,436 | 363,437 | 201,348 |
29 | U.S. bank-reported liabilities4 | 96,410 | 96,675 | 322,627 | 146,889 | 42,116 | 42,164 | 91,458 | -78,253 |
30 | U.S. nonbank-reported liabilities | 95,932 | 99,676 | 124,358 | 44,623 | 3,887 | 14,752 | 61,096 | 85,969 |
31 | Foreign private purchases of U.S. Treasury securities, net | 100,403 | 104,380 | 106,958 | 31,931 | 60,424 | -1,107 | 15,710 | 75,546 |
32 | U.S. currency flows | 21,513 | 16,640 | 14,827 | -1,800 | 8,754 | 2,560 | 5,313 | 1,072 |
33 | Foreign purchases of other U.S. securities, net | 283,299 | 226,306 | 369,793 | 45,476 | 81,678 | 84,401 | 158,238 | 88,207 |
34 | Foreign direct investments in United States, net | 80,841 | 67,091 | 106,832 | 8,503 | 31,039 | 35,666 | 31,622 | 28,807 |
35 | Capital account transactions, net5 | -1,363 | -3,214 | -1,648 | -428 | -372 | -393 | -455 | -4,456 |
36 | Discrepancy | -23,742 | -37,753 | 85,126 | 18,646 | -4,044 | 50,672 | 19,856 | 34,116 |
37 | Due to seasonal adjustment | ... | ... | ... | 11,010 | -3,747 | -12,977 | 5,718 | 13,930 |
38 | Before seasonal adjustment | -23,742 | -37,753 | 85,126 | 7,636 | -297 | 63,649 | 14,138 | 20,186 |
Memo | |||||||||
Changes in official assets | |||||||||
39 | U.S. official reserve assets (increase, -) | -3,681 | 1,523 | 2,805 | 557 | 1,122 | 429 | 697 | 5,331 |
40 | Foreign official assets in United States, excluding line 25 (increase, +) | 115,808 | 278,792 | 394,222 | 147,510 | 76,994 | 75,082 | 94,636 | 25,405 |
41 | Change in Organization of Petroleum Exporting Countries official assets in United States (part of line 22) | -8,132 | ... | ... | ... | ... | ... | ... | ... |
1. Seasonal factors are not calculated for lines 11-16, 18-20, 22-35, and 38-41. Return to table 2. Associated primarily with military sales contracts and other transactions arranged with or through foreign official agencies. Return to table 3. Consists of investments in U.S. corporate stocks and in debt securities of private corporations and state and local governments. Return to table 4. Reporting banks included all types of depository institutions as well as some brokers and dealers. Return to table 5. Consists of capital transfers (such as those of accompanying migrants entering or leaving the country and debt forgiveness) and the acquisition and disposal of nonproduced nonfinancial assets. Return to table Source. U.S. Department of Commerce, Bureau of Economic Analysis, Survey of Current Business. |
Statistical Supplement | July 2005 | Tips for printing wide tables | Symbols and Abbreviations