Federal Reserve Economic Data

Quarterly Tables

S.1.q Total Economy - Current Account


The Financial Accounts (formerly known as the Flow of Funds accounts) are a set of financial accounts used to track the sources and uses of funds by sector. They are a component of a system of macroeconomic accounts including the National Income and Product accounts (NIPA) and balance of payments accounts, all of which serve as a comprehensive set of information on the economy’s performance.(1) Some important inferences that can be drawn from the Financial accounts are the financial strength of a given sector, new economic trends, changes in the composition of wealth, and development of new financial instruments over time.(1)
Sectors are compiled into three categories: households, nonfinancial businesses, and banks. The sources of funds for a sector are its internal funds (savings from income after consumption) and external funds (loans from banks and other financial intermediaries). (1) Funds for a given sector are used for its investments in physical and financial assets. Dividing sources and uses of funds into two categories helps the staff of the Federal Reserve System pay particular attention to external sources of funds and financial uses of funds.(2) One example is whether households are borrowing more from banks—or in other words, whether household debt is rising. Another example might be whether banks are using more of their funds to provide loans to consumers. Transactions within a sector are not shown in the accounts; however, transactions between sectors are.(2) Monitoring the external flows of funds provides insights into a sector’s health and the performance of the economy as a whole.
Data for the Financial accounts are compiled from a large number of reports and publications, including regulatory reports such as those submitted by banks, tax filings, and surveys conducted by the Federal Reserve System.(2) The Financial accounts are published quarterly as a set of tables in the Federal Reserve’s Z.1 statistical release.
(1) Teplin, Albert M. “The U.S. Flow of Funds Accounts and Their Uses.” Federal Reserve Bulletin, July 2001; http://www.federalreserve.gov/pubs/bulletin/2001/0701lead.pdf.
(2) Board of Governors of the Federal Reserve System. “Guide to the Flow of Funds Accounts.” 2000, http://www.federalreserve.gov/apps/fof/.

For questions on the data, please contact the data source: https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/z1/%
For questions on FRED functionality, please contact: https://fred.stlouisfed.org/contactus/


   

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    Q4 1946    
 
 
    Q2 2025
Line Name Period Value Preceding
Period
Year Ago
from Period
Units
line 1
Gross value added (income approach)
Q2 2025 30,384,148 Millions of Dollars 29,885,661 Millions of Dollars 28,821,880 Millions of Dollars Mil. of $
line 2
Less: Consumption of fixed capital
Q2 2025 5,008,505 Millions of Dollars 4,963,584 Millions of Dollars 4,781,017 Millions of Dollars Mil. of $
line 3
Equals: Net value added
Q2 2025 25,375,640 Millions of Dollars 24,922,074 Millions of Dollars 24,040,862 Millions of Dollars Mil. of $
line 4
Compensation of employees (paid)
Q2 2025 15,689,008 Millions of Dollars 15,497,651 Millions of Dollars 14,966,097 Millions of Dollars Mil. of $
line 5
Wages and salaries
Q2 2025 12,940,736 Millions of Dollars 12,788,675 Millions of Dollars 12,363,500 Millions of Dollars Mil. of $
line 6
Employers’ social contributions
Q2 2025 2,748,272 Millions of Dollars 2,708,976 Millions of Dollars 2,602,597 Millions of Dollars Mil. of $
line 7
Taxes on production and imports less subsidies
Q2 2025 2,117,392 Millions of Dollars 1,932,407 Millions of Dollars 1,860,327 Millions of Dollars Mil. of $
line 8
Operating surplus, net
Q2 2025 7,569,240 Millions of Dollars 7,492,015 Millions of Dollars 7,214,438 Millions of Dollars Mil. of $
line 9
Plus income receipts from the rest of the world
. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 10
Less: Income payments to the rest of the world
. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 11
Equals: Net national income/Balance of primary incomes, net
Q2 2025 25,405,932 Millions of Dollars 24,962,689 Millions of Dollars 24,100,763 Millions of Dollars Mil. of $
line 12
Operating surplus, net
Q2 2025 7,569,240 Millions of Dollars 7,492,015 Millions of Dollars 7,214,438 Millions of Dollars Mil. of $
line 13
Compensation of employees (received)
Q2 2025 15,666,851 Millions of Dollars 15,475,986 Millions of Dollars 14,945,626 Millions of Dollars Mil. of $
line 14
Wages and salaries
Q2 2025 12,918,579 Millions of Dollars 12,767,010 Millions of Dollars 12,343,029 Millions of Dollars Mil. of $
line 15
Employers’ social contributions
Q2 2025 2,748,272 Millions of Dollars 2,708,976 Millions of Dollars 2,602,597 Millions of Dollars Mil. of $
line 16
Taxes on production and imports, receivable
Q2 2025 2,234,657 Millions of Dollars 2,037,206 Millions of Dollars 1,954,728 Millions of Dollars Mil. of $
line 17
Subsidies paid
Q2 2025 -117,265 Millions of Dollars -104,799 Millions of Dollars -94,401 Millions of Dollars Mil. of $
line 18
Property income received from rest of world (net)
Q2 2025 52,449 Millions of Dollars 62,281 Millions of Dollars 80,372 Millions of Dollars Mil. of $
line 19
Distributed income of corporations (net)
Q2 2025 690,886 Millions of Dollars 412,728 Millions of Dollars 461,225 Millions of Dollars Mil. of $
line 20
Interest (net)
Q2 2025 -425,251 Millions of Dollars -418,962 Millions of Dollars -399,462 Millions of Dollars Mil. of $
line 21
Reinvested earnings (net)
Q2 2025 -213,186 Millions of Dollars 68,516 Millions of Dollars 18,609 Millions of Dollars Mil. of $
line 22
Rents on land and natural resources (net)
Q2 2025 0 Millions of Dollars 0 Millions of Dollars 0 Millions of Dollars Mil. of $
line 23
Net national income/Balance of primary incomes, net
Q2 2025 25,405,932 Millions of Dollars 24,962,689 Millions of Dollars 24,100,763 Millions of Dollars Mil. of $
line 24
Plus: Current taxes on income, wealth, etc. (received)
Q2 2025 3,980,918 Millions of Dollars 3,923,893 Millions of Dollars 3,700,429 Millions of Dollars Mil. of $
line 25
Less: Current taxes on income, wealth, etc. (paid)
Q2 2025 3,959,977 Millions of Dollars 3,905,168 Millions of Dollars 3,681,074 Millions of Dollars Mil. of $
line 26
Plus: Social benefits (received)
Q2 2025 6,762,490 Millions of Dollars 6,590,281 Millions of Dollars 6,276,145 Millions of Dollars Mil. of $
line 27
Less: Social contributions (paid)
Q2 2025 6,794,225 Millions of Dollars 6,620,991 Millions of Dollars 6,303,619 Millions of Dollars Mil. of $
line 28
Plus: Other current transfers (received)
Q2 2025 1,403,359 Millions of Dollars 1,389,495 Millions of Dollars 1,337,564 Millions of Dollars Mil. of $
line 29
Less: Other current transfers (paid)
Q2 2025 1,618,492 Millions of Dollars 1,598,730 Millions of Dollars 1,543,810 Millions of Dollars Mil. of $
line 30
Equals: Disposable income, net
Q2 2025 25,180,005 Millions of Dollars 24,741,471 Millions of Dollars 23,886,397 Millions of Dollars Mil. of $
line 31
Less: Final consumption expenditures
Q2 2025 24,694,785 Millions of Dollars 24,492,564 Millions of Dollars 23,564,838 Millions of Dollars Mil. of $
line 32
Equals: Net saving
Q2 2025 485,221 Millions of Dollars 248,907 Millions of Dollars 321,559 Millions of Dollars Mil. of $
Addendum:
line 33
Gross value added (line 1)
Q2 2025 30,384,148 Millions of Dollars 29,885,661 Millions of Dollars 28,821,880 Millions of Dollars Mil. of $
line 34
Plus statistical discrepancy (NIPA)
. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 35
Equals: GDP (NIPA, expenditure approach)
Q2 2025 30,353,900 Millions of Dollars 29,962,047 Millions of Dollars 29,016,712 Millions of Dollars Mil. of $
line 36
Average of GDP and GDI
Q2 2025 30,369,024 Millions of Dollars 29,923,852 Millions of Dollars 28,919,296 Millions of Dollars Mil. of $
line 37
Statistical discrepancy as a percentage of GDP
Q2 2025 -0.09963 Percent 0.25495 Percent 0.67146 Percent %
   

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