Table Data - State and Local Governments; Debt Securities and Loans; Liability, Growth Rate
| Title | State and Local Governments; Debt Securities and Loans; Liability, Growth Rate |
|---|---|
| Series ID | BOGZ1FG214104005Q |
| Source | Board of Governors of the Federal Reserve System (US) |
| Release | Z.1 Financial Accounts of the United States |
| Seasonal Adjustment | Seasonally Adjusted |
| Frequency | Quarterly, End of Period |
| Units | Percent |
| Date Range | 1946-10-01 to 2026-01-01 |
| Last Updated | 2026-06-11 7:30 PM CDT |
| Notes | For more information about the Flow of Funds tables, see the Financial Accounts Guide. |
| DATE | VALUE |
|---|---|
| 1946-10-01 | 0.379897111199050 |
| 1947-01-01 | . |
| 1947-04-01 | . |
| 1947-07-01 | . |
| 1947-10-01 | 12.851848931640780 |
| 1948-01-01 | . |
| 1948-04-01 | . |
| 1948-07-01 | . |
| 1948-10-01 | 9.809264305177113 |
| 1949-01-01 | . |
| 1949-04-01 | . |
| 1949-07-01 | . |
| 1949-10-01 | 5.732646179296303 |
| 1950-01-01 | . |
| 1950-04-01 | . |
| 1950-07-01 | . |
| 1950-10-01 | 27.632687447346250 |
| 1951-01-01 | . |
| 1951-04-01 | . |
| 1951-07-01 | . |
| 1951-10-01 | 11.202263083451204 |
| 1952-01-01 | 35.309081658611040 |
| 1952-04-01 | 42.044569113292816 |
| 1952-07-01 | 16.794754283296907 |
| 1952-10-01 | 16.754068410190477 |
| 1953-01-01 | 15.833739243383665 |
| 1953-04-01 | 15.580683450990191 |
| 1953-07-01 | 15.116803463515827 |
| 1953-10-01 | 14.693782953821191 |
| 1954-01-01 | 14.284915888895100 |
| 1954-04-01 | 14.299589898553853 |
| 1954-07-01 | 13.743520279246660 |
| 1954-10-01 | 14.042510325375240 |
| 1955-01-01 | 13.391075860055471 |
| 1955-04-01 | 12.025048260275907 |
| 1955-07-01 | 11.244429208090503 |
| 1955-10-01 | 10.341224852728688 |
| 1956-01-01 | 9.690560804368554 |
| 1956-04-01 | 9.368256251851223 |
| 1956-07-01 | 8.467533541438407 |
| 1956-10-01 | 7.968095228455168 |
| 1957-01-01 | 7.875984994343106 |
| 1957-04-01 | 8.619313647246608 |
| 1957-07-01 | 9.138719512195122 |
| 1957-10-01 | 10.134316958214573 |
| 1958-01-01 | 9.934773524228277 |
| 1958-04-01 | 9.885473176612416 |
| 1958-07-01 | 9.273356401384085 |
| 1958-10-01 | 10.341562394318569 |
| 1959-01-01 | 9.520512947304224 |
| 1959-04-01 | 9.968927599697324 |
| 1959-07-01 | 10.763261651560610 |
| 1959-10-01 | 8.088842659161134 |
| 1960-01-01 | 8.852105073767543 |
| 1960-04-01 | 8.308396409082908 |
| 1960-07-01 | 8.001379548197965 |
| 1960-10-01 | 6.937165398703861 |
| 1961-01-01 | 7.727354558169807 |
| 1961-04-01 | 5.983207890661087 |
| 1961-07-01 | 8.491841460639565 |
| 1961-10-01 | 7.979762232445966 |
| 1962-01-01 | 8.975133329049669 |
| 1962-04-01 | 7.008458918314249 |
| 1962-07-01 | 5.988512136372059 |
| 1962-10-01 | 7.803619457933234 |
| 1963-01-01 | 6.150173092992718 |
| 1963-04-01 | 8.220273225328599 |
| 1963-07-01 | 5.137893693984287 |
| 1963-10-01 | 6.014490281047759 |
| 1964-01-01 | 5.701287495938057 |
| 1964-04-01 | 7.636303375131194 |
| 1964-07-01 | 7.575642596186160 |
| 1964-10-01 | 6.953931269283967 |
| 1965-01-01 | 7.324521040742909 |
| 1965-04-01 | 8.782541720154043 |
| 1965-07-01 | 7.838171897139068 |
| 1965-10-01 | 6.745316026531839 |
| 1966-01-01 | 6.625700273324675 |
| 1966-04-01 | 8.127151206582573 |
| 1966-07-01 | 5.700188760349113 |
| 1966-10-01 | 5.520596283363584 |
| 1967-01-01 | 5.256413751738052 |
| 1967-04-01 | 7.519822050012557 |
| 1967-07-01 | 7.388104377222946 |
| 1967-10-01 | 5.829573154919351 |
| 1968-01-01 | 5.943495893398766 |
| 1968-04-01 | 6.521374122703919 |
| 1968-07-01 | 6.390325298617191 |
| 1968-10-01 | 10.189280603616496 |
| 1969-01-01 | 12.717542120911792 |
| 1969-04-01 | 10.127944058093520 |
| 1969-07-01 | 8.064153488720677 |
| 1969-10-01 | 6.279753158977373 |
| 1970-01-01 | 6.084321227858264 |
| 1970-04-01 | 9.159304645198060 |
| 1970-07-01 | 6.705949545182276 |
| 1970-10-01 | 11.880998212096095 |
| 1971-01-01 | 11.636741020643040 |
| 1971-04-01 | 10.808714202598749 |
| 1971-07-01 | 9.456788569270474 |
| 1971-10-01 | 10.136140592525180 |
| 1972-01-01 | 10.607687094820296 |
| 1972-04-01 | 7.454620871770006 |
| 1972-07-01 | 7.072763665770049 |
| 1972-10-01 | 7.366914259307267 |
| 1973-01-01 | 7.798129599911460 |
| 1973-04-01 | 5.979384800768591 |
| 1973-07-01 | 7.326712552209512 |
| 1973-10-01 | 9.173791567758334 |
| 1974-01-01 | 9.042042519984188 |
| 1974-04-01 | 6.928336897912462 |
| 1974-07-01 | 7.045284061747405 |
| 1974-10-01 | 3.902987861358578 |
| 1975-01-01 | 4.341707770408187 |
| 1975-04-01 | 4.135447302029239 |
| 1975-07-01 | 2.691759660285259 |
| 1975-10-01 | 9.863602391629298 |
| 1976-01-01 | 10.302745727323702 |
| 1976-04-01 | 11.386211218217940 |
| 1976-07-01 | 6.511274166645061 |
| 1976-10-01 | 4.505466002780837 |
| 1977-01-01 | 6.803178741117605 |
| 1977-04-01 | 10.342402769513711 |
| 1977-07-01 | 8.287330913220710 |
| 1977-10-01 | 7.171780189387768 |
| 1978-01-01 | 14.418831612437296 |
| 1978-04-01 | 14.292442699482669 |
| 1978-07-01 | 13.701879351867346 |
| 1978-10-01 | 15.903031326284392 |
| 1979-01-01 | 10.185351199759134 |
| 1979-04-01 | 8.690718112480535 |
| 1979-07-01 | 8.833956488889749 |
| 1979-10-01 | 7.154545511982158 |
| 1980-01-01 | 6.936961541326315 |
| 1980-04-01 | 6.340374126002122 |
| 1980-07-01 | 6.921321321321320 |
| 1980-10-01 | 6.697327327150035 |
| 1981-01-01 | 7.963209206988857 |
| 1981-04-01 | 5.225297545339903 |
| 1981-07-01 | 9.196358323030235 |
| 1981-10-01 | 8.780921930879906 |
| 1982-01-01 | 11.617668402973760 |
| 1982-04-01 | 11.395288094864965 |
| 1982-07-01 | 9.843384539588133 |
| 1982-10-01 | 10.228599330287986 |
| 1983-01-01 | 10.428881466694378 |
| 1983-04-01 | 14.813384146485085 |
| 1983-07-01 | 8.754329581975313 |
| 1983-10-01 | 9.946635075935554 |
| 1984-01-01 | 31.713109047969134 |
| 1984-04-01 | 12.656655956693935 |
| 1984-07-01 | 16.072019851425946 |
| 1984-10-01 | 9.764756770522224 |
| 1985-01-01 | 19.222051619507200 |
| 1985-04-01 | 19.980117550621763 |
| 1985-07-01 | 15.890765934120695 |
| 1985-10-01 | 59.430028469819120 |
| 1986-01-01 | 2.331139668282271 |
| 1986-04-01 | 18.573666628905200 |
| 1986-07-01 | 6.613215605456708 |
| 1986-10-01 | 11.609712510519808 |
| 1987-01-01 | 16.345333474689646 |
| 1987-04-01 | 7.357818166826522 |
| 1987-07-01 | 9.243800536034700 |
| 1987-10-01 | 8.997765571175869 |
| 1988-01-01 | 4.059598752118405 |
| 1988-04-01 | 4.931461162827906 |
| 1988-07-01 | 4.949313720688995 |
| 1988-10-01 | 6.373895787639418 |
| 1989-01-01 | 3.166720594234909 |
| 1989-04-01 | 3.292588883499719 |
| 1989-07-01 | 4.908411216943725 |
| 1989-10-01 | 7.399761041821890 |
| 1990-01-01 | 7.527500335684849 |
| 1990-04-01 | 3.431807761587141 |
| 1990-07-01 | 2.109860506959575 |
| 1990-10-01 | 4.368263173682632 |
| 1991-01-01 | 4.525717541260230 |
| 1991-04-01 | 5.684227976477336 |
| 1991-07-01 | 9.530752692527075 |
| 1991-10-01 | 14.060862367973966 |
| 1992-01-01 | -0.338938326873032 |
| 1992-04-01 | 1.683561935126358 |
| 1992-07-01 | 4.930760369734479 |
| 1992-10-01 | -1.376507682836183 |
| 1993-01-01 | 5.558661779009081 |
| 1993-04-01 | 6.823260045858698 |
| 1993-07-01 | 6.955167166959490 |
| 1993-10-01 | 0.237081693150571 |
| 1994-01-01 | -1.861020722726494 |
| 1994-04-01 | -6.319520065418251 |
| 1994-07-01 | -0.583565030765879 |
| 1994-10-01 | -7.382693542933490 |
| 1995-01-01 | -5.554782608695652 |
| 1995-04-01 | -5.420649795137242 |
| 1995-07-01 | -5.003871382984527 |
| 1995-10-01 | -6.393474776618105 |
| 1996-01-01 | -2.103155582561830 |
| 1996-04-01 | -1.356966261280980 |
| 1996-07-01 | -3.334104257500093 |
| 1996-10-01 | -1.047479951253888 |
| 1997-01-01 | 1.964297570922276 |
| 1997-04-01 | 2.862097626744703 |
| 1997-07-01 | 7.270747937120657 |
| 1997-10-01 | 7.155048222548585 |
| 1998-01-01 | 5.673042520985276 |
| 1998-04-01 | 6.409441436405242 |
| 1998-07-01 | 5.759848436286974 |
| 1998-10-01 | 6.159305176944317 |
| 1999-01-01 | 5.419800284024364 |
| 1999-04-01 | 1.842542599630101 |
| 1999-07-01 | 4.829119024057523 |
| 1999-10-01 | 0.943348551856806 |
| 2000-01-01 | 1.724859295061144 |
| 2000-04-01 | -2.228365142770134 |
| 2000-07-01 | 3.844926063303453 |
| 2000-10-01 | 2.624578472829936 |
| 2001-01-01 | 10.525682249154915 |
| 2001-04-01 | 6.318039646807380 |
| 2001-07-01 | 7.303801527665358 |
| 2001-10-01 | 10.066037327370667 |
| 2002-01-01 | 7.645861380077866 |
| 2002-04-01 | 10.355190743976870 |
| 2002-07-01 | 10.891257889127672 |
| 2002-10-01 | 12.847773146122520 |
| 2003-01-01 | 7.483877052788128 |
| 2003-04-01 | 11.973845141284140 |
| 2003-07-01 | 6.452114070859713 |
| 2003-10-01 | 6.763952575403311 |
| 2004-01-01 | 10.452736744955445 |
| 2004-04-01 | 9.726108713042942 |
| 2004-07-01 | 8.287310912709502 |
| 2004-10-01 | 5.830195888889170 |
| 2005-01-01 | 8.217317216251702 |
| 2005-04-01 | 6.972956818952116 |
| 2005-07-01 | 6.747099918684056 |
| 2005-10-01 | 4.156058170073906 |
| 2006-01-01 | 0.225940768355724 |
| 2006-04-01 | 5.595533458172436 |
| 2006-07-01 | 5.980842257460821 |
| 2006-10-01 | 6.089482457745605 |
| 2007-01-01 | 8.381723377365052 |
| 2007-04-01 | 8.029543533067498 |
| 2007-07-01 | 4.808402851308538 |
| 2007-10-01 | 3.948700638377457 |
| 2008-01-01 | 3.434466770122022 |
| 2008-04-01 | 2.756981889473565 |
| 2008-07-01 | 1.249615060926927 |
| 2008-10-01 | -0.890632150655702 |
| 2009-01-01 | 4.795565345663578 |
| 2009-04-01 | 5.589291070480331 |
| 2009-07-01 | 3.122681025369447 |
| 2009-10-01 | 5.170208773213203 |
| 2010-01-01 | 2.850056597607587 |
| 2010-04-01 | 0.801461418521310 |
| 2010-07-01 | 1.810956225829564 |
| 2010-10-01 | 6.277509474595121 |
| 2011-01-01 | -2.539668158434498 |
| 2011-04-01 | -2.454487213401537 |
| 2011-07-01 | 0.895121055591961 |
| 2011-10-01 | 1.274864224439686 |
| 2012-01-01 | 0.485834352681214 |
| 2012-04-01 | 2.692492815044067 |
| 2012-07-01 | 1.150928726111489 |
| 2012-10-01 | -2.787337224576050 |
| 2013-01-01 | 0.449963516471637 |
| 2013-04-01 | -1.741878828161326 |
| 2013-07-01 | -1.257281773627507 |
| 2013-10-01 | 3.859398316551051 |
| 2014-01-01 | 0.175342519428337 |
| 2014-04-01 | -1.469319202941759 |
| 2014-07-01 | -6.802336575711028 |
| 2014-10-01 | 1.545612992996675 |
| 2015-01-01 | 2.372237501357694 |
| 2015-04-01 | 1.119105173749880 |
| 2015-07-01 | 1.300725418206284 |
| 2015-10-01 | -0.466571176206346 |
| 2016-01-01 | 1.507752121758096 |
| 2016-04-01 | 2.514156662282812 |
| 2016-07-01 | 1.351276282002874 |
| 2016-10-01 | 0.206328798702061 |
| 2017-01-01 | -1.740624800745704 |
| 2017-04-01 | -0.010490365902590 |
| 2017-07-01 | -0.196760511397403 |
| 2017-10-01 | 3.983889856301308 |
| 2018-01-01 | -2.811601435829641 |
| 2018-04-01 | 0.096626698373570 |
| 2018-07-01 | 0.029808342244786 |
| 2018-10-01 | -2.738513409066733 |
| 2019-01-01 | -2.095912175032554 |
| 2019-04-01 | -1.458857534579100 |
| 2019-07-01 | 0.713745384311336 |
| 2019-10-01 | 2.859395940732952 |
| 2020-01-01 | 1.532063453175721 |
| 2020-04-01 | 4.040382777761634 |
| 2020-07-01 | 5.665449190879328 |
| 2020-10-01 | 1.866873719861584 |
| 2021-01-01 | 2.963374877652445 |
| 2021-04-01 | 2.493277887599028 |
| 2021-07-01 | 2.535380931817702 |
| 2021-10-01 | -0.714701186342658 |
| 2022-01-01 | -2.351941175271957 |
| 2022-04-01 | 2.304360770553575 |
| 2022-07-01 | 0.073600393389444 |
| 2022-10-01 | -4.671833707683648 |
| 2023-01-01 | 1.086098551161733 |
| 2023-04-01 | 2.218363756993060 |
| 2023-07-01 | -0.036104750221072 |
| 2023-10-01 | -0.984147751286804 |
| 2024-01-01 | 2.468545750916201 |
| 2024-04-01 | 5.812939769365278 |
| 2024-07-01 | 3.796487205051750 |
| 2024-10-01 | -1.056973386321258 |
| 2025-01-01 | 4.075534794976619 |
| 2025-04-01 | 8.203576949892815 |
| 2025-07-01 | 5.465243250797409 |
| 2025-10-01 | 0.317252136939507 |
| 2026-01-01 | 6.007227171193126 |