Source: Board of Governors of the Federal Reserve System (US)
Release: Z.1 Financial Accounts of the United States
Source ID: LA153165105.Q
For more information about the Flow of Funds tables, see the Financial Accounts Guide.
With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights.
In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer provided by the source.
Board of Governors of the Federal Reserve System (US), Households and Nonprofit Organizations; One-to-Four-Family Residential Mortgages; Liability, Level [HHMSDODNS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/HHMSDODNS, May 28, 2023.
Source: U.S. Bureau of Economic Analysis
Release: Gross Domestic Product
BEA Account Code: A261RC
Gross domestic income is an alternative way of measuring the nation's economy, by counting the incomes earned and costs incurred in production. In theory, GDI should equal gross domestic product, but the different source data yield different results. The difference between the two measures is known as the "statistical discrepancy." BEA considers GDP more reliable because it's based on timelier, more expansive data.
U.S. Bureau of Economic Analysis, Gross Domestic Income [GDI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDI, May 28, 2023.