Foreign-owned assets in the United States
Foreign-owned assets in the United States increased $286.4 billion in
the third quarter, following an increase of $270.7 billion in the second.
U.S. liabilities to foreigners reported by U.S. banks increased
$46.6 billion in the third quarter, following an increase of $41.2 billion in
the second.
Net foreign purchases of U.S. Treasury securities were $14.1 billion in
the third quarter, down from $29.7 billion in the second.
Net foreign purchases of U.S. securities other than U.S. Treasury
securities were $90.5 billion in the third quarter, up from $88.8 billion in
the second. Net foreign purchases of U.S. stocks were $2.9 billion, up from
$1.8 billion. Net foreign purchases of U.S. corporate bonds were a record
$84.7 billion, up from $51.1 billion. Net foreign purchases of federally
sponsored agency bonds were $2.9 billion, down from $35.9 billion.
Net financial inflows for foreign direct investment in the United
States were $53.1 billion in the third quarter, up from $32.6 billion in the
second. A shift to net inflows on intercompany debt from net outflows and a
small increase in reinvested earnings more than offset a decrease in net equity
capital inflows.
Foreign official assets in the United States increased $60.1 billion in
the third quarter, following an increase of $73.3 billion in the second.
Net U.S. currency shipments to foreigners were $2.6 billion in the
third quarter, down from $8.8 billion in the second.
The statistical discrepancy--errors and omissions in recorded
transactions--was a positive $11.8 billion in the third quarter, compared with
a negative $0.2 billion in the second.
In the third quarter, the U.S. dollar depreciated 2 percent on a
trade-weighted quarterly average basis against a group of 7 major currencies.
http://www.bea.gov/bea/newsrelarchive/2004/trans304.htm