Annual

S129.3.t State and local government employee pension funds


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/


   

Please select a date range

    1946    
 
 
    2025
Millions of U.S. Dollars
Line Name 2025 Preceding
Period
Year Ago
from Period
line 1
Gross saving
2,223 2,088 2,088
line 2
Fixed nonresidential investment
6,768 6,771 6,771
line 3
Net acquisition of financial assets
258,318 244,171 244,171
line 4
Checkable deposits and currency
-3,410 25,144 25,144
line 5
Time and savings deposits
0 -2,299 -2,299
line 6
Money market fund shares
5,913 6,924 6,924
line 7
Security repurchase agreements
52,799 50,252 50,252
line 8
Debt securities
103,918 152,540 152,540
line 9
Open market paper
3,677 656 656
line 10
Treasury securities
32,320 72,434 72,434
line 11
Agency- and GSE-backed securities
20,684 19,228 19,228
line 12
Municipal securities
0 0 0
line 13
Corporate and foreign bonds
47,237 60,222 60,222
line 14
Loans (mortgages)
686 358 358
line 15
Corporate equities
-167,211 -193,579 -193,579
line 16
Mutual fund shares
24,068 -34,674 -34,674
line 17
Miscellaneous assets
241,555 239,505 239,505
line 18
Unallocated insurance contracts
11,598 12,115 12,115
line 19
Claims of pension fund on sponsor
258,516 261,591 261,591
line 20
Other
-28,559 -34,201 -34,201
line 21
Net increase in pension entitlements (liabilities)
262,863 248,853 248,853
Memo:
Net acquisition of financial assets
line 22
Defined benefit plans
233,483 232,206 232,206
line 23
Defined contibution plans
24,835 11,965 11,965
   

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