Annual

F.2 Distribution of Gross Domestic Product


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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    1946    
 
 
    2024
Millions of U.S. Dollars
Line Name 2024 Preceding
Period
Year Ago
from Period
line 1
Gross domestic product (GDP)
29,298,012 27,811,518 27,811,518
line 2
Personal consumption expenditures
19,896,009 18,833,150 18,833,150
line 3
Durable goods
2,178,085 2,141,043 2,141,043
line 4
Nondurable goods
4,083,445 3,974,623 3,974,623
line 5
Services
13,634,480 12,717,484 12,717,484
line 6
Gross private domestic investment
5,259,319 5,023,712 5,023,712
line 7
Fixed investment
5,205,774 4,970,003 4,970,003
line 8
Nonresidential
4,022,935 3,855,957 3,855,957
line 9
Nonprofit organizations
306,020 290,796 290,796
line 10
Nonfinancial corporate business
2,898,326 2,794,159 2,794,159
line 11
Nonfinancial noncorporate business
424,590 411,704 411,704
line 12
Financial institutions
394,000 359,300 359,300
line 13
Residential
1,182,839 1,114,045 1,114,045
line 14
Household sector
971,261 904,985 904,985
line 15
Nonfinancial corporate business
15,957 16,040 16,040
line 16
Nonfinancial noncorporate business
195,621 193,020 193,020
line 17
REITs
-3,064 2,161 2,161
line 18
Change in private inventories
53,546 53,710 53,710
line 19
Nonfinancial corporate business
44,993 43,891 43,891
line 20
Nonfinancial noncorporate business
8,552 9,819 9,819
line 21
Net U.S. exports of goods and services
-898,460 -786,495 -786,495
line 22
Exports
3,215,369 3,073,360 3,073,360
line 23
- Imports
4,113,828 3,859,856 3,859,856
line 24
Government consumption expenditures and gross investment
5,041,144 4,741,151 4,741,151
line 25
Consumption expenditures
3,991,840 3,765,878 3,765,878
line 26
Federal
1,441,478 1,339,694 1,339,694
line 27
State and local
2,550,362 2,426,185 2,426,185
line 28
Gross investment
1,049,304 975,273 975,273
line 29
Federal
450,925 426,006 426,006
line 30
State and local
598,379 549,267 549,267
Memo:
line 31
Net U.S. income receipts from rest of world
-8,272 85,659 85,659
line 32
U.S. income receipts
1,485,581 1,397,888 1,397,888
line 33
- U.S. income payments
1,493,854 1,312,228 1,312,228
line 34
Gross national product (GNP) = GDP + net U.S. income receipts
29,289,740 27,897,177 27,897,177
Acquisition of nonproduced nonfinancial assets (net)
line 35
Household sector
-17,139 -16,139 -16,139
line 36
Nonfinancial corporate business
-3,220 -2,728 -2,728
line 37
Federal government
-439 -773 -773
line 38
State and local governments
20,929 19,572 19,572
line 39
Rest of the world
-132 67 67
   

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