America's Fiscal Constitution (90 page)

NOTES

1
. Calendar year-end figure for 1976–1988. Fiscal year ending September 30 for 1989–2011.

2
. Years 1976–1988 from Council of Economic Advisors,
Economic Report of the President
(1995), Table B-89 at 378. Years 1989–1997 from Council of Economic Advisors,
Economic Report of the President
(2000), Table B-87 at 408. Years 1998–2010 from Council of Economic Advisors, Economic Report of the President (2012), Table B-89 at 422. Year 2011 data from Department of Treasury, “Treasury International Capital System.” NB: Includes nonmarketable foreign series, Treasury securities, and Treasury deposit funds. Excludes Treasury securities held under repurchase agreements in custody accounts at the Federal Reserve Bank of New York. Estimates reflect benchmarks to this series at differing intervals. For further detail, see Department of Treasury, “Treasury International Capital System.”
http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt
.

3
. Same as above except 2011, which is from the
Economic Report of the President (2012).
Note that privately held debt excludes Federal Reserve and intragovernmental holdings.

A
PPENDIX
E

US State and Local Debt, 1970–2009
¹

[Millions of dollars, $US]

NOTES

1
. US Census Bureau, “Census of Governments,”
http://www.census.gov/govs/
.

2
. Unmonetized debt from Appendix A.

A
PPENDIX
F

Trade Balances, 1790–2010
^1
,
2

[Millions of dollars, $US]