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S1311.t Federal government

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/%
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Line	Name	Period	Value	Preceding Period	Year Ago from Period	Units
line 1	Current receipts: NIPA basis	Q1 2026	5,872,948 Millions of U.S. Dollars	5,898,479 Millions of U.S. Dollars	5,392,717 Millions of U.S. Dollars	Mil. of U.S. $
line 2	Personal current taxes	Q1 2026	2,562,272 Millions of U.S. Dollars	2,654,122 Millions of U.S. Dollars	2,538,295 Millions of U.S. Dollars	Mil. of U.S. $
line 3	Taxes on production and imports	Q1 2026	449,950 Millions of U.S. Dollars	467,260 Millions of U.S. Dollars	198,585 Millions of U.S. Dollars	Mil. of U.S. $
line 4	Taxes on corporate income	Q1 2026	590,838 Millions of U.S. Dollars	541,725 Millions of U.S. Dollars	469,186 Millions of U.S. Dollars	Mil. of U.S. $
line 5	Taxes from the rest of the world	Q1 2026	43,096 Millions of U.S. Dollars	42,862 Millions of U.S. Dollars	39,985 Millions of U.S. Dollars	Mil. of U.S. $
line 6	Contributions for govt. social insurance	Q1 2026	2,055,620 Millions of U.S. Dollars	2,020,534 Millions of U.S. Dollars	1,973,972 Millions of U.S. Dollars	Mil. of U.S. $
line 7	Income receipts on assets	Q1 2026	91,481 Millions of U.S. Dollars	91,043 Millions of U.S. Dollars	86,396 Millions of U.S. Dollars	Mil. of U.S. $
line 8	Current transfer receipts	Q1 2026	82,181 Millions of U.S. Dollars	82,586 Millions of U.S. Dollars	87,283 Millions of U.S. Dollars	Mil. of U.S. $
line 9	Current surplus of government enterprises	Q1 2026	-2,490 Millions of U.S. Dollars	-1,653 Millions of U.S. Dollars	-985 Millions of U.S. Dollars	Mil. of U.S. $
line 10	Current expenditures: NIPA basis	Q1 2026	7,678,988 Millions of U.S. Dollars	7,583,663 Millions of U.S. Dollars	7,313,596 Millions of U.S. Dollars	Mil. of U.S. $
line 11	Consumption expenditures	Q1 2026	1,513,530 Millions of U.S. Dollars	1,497,851 Millions of U.S. Dollars	1,481,872 Millions of U.S. Dollars	Mil. of U.S. $
line 12	Government social benefits	Q1 2026	3,769,244 Millions of U.S. Dollars	3,724,500 Millions of U.S. Dollars	3,563,661 Millions of U.S. Dollars	Mil. of U.S. $
line 13	Other current transfer payments	Q1 2026	1,043,425 Millions of U.S. Dollars	1,037,942 Millions of U.S. Dollars	1,016,877 Millions of U.S. Dollars	Mil. of U.S. $
line 14	Interest payments	Q1 2026	1,218,938 Millions of U.S. Dollars	1,227,495 Millions of U.S. Dollars	1,144,212 Millions of U.S. Dollars	Mil. of U.S. $
line 15	Subsidies	Q1 2026	133,851 Millions of U.S. Dollars	95,875 Millions of U.S. Dollars	106,974 Millions of U.S. Dollars	Mil. of U.S. $
line 16	Net saving: NIPA basis	Q1 2026	-1,806,040 Millions of U.S. Dollars	-1,685,184 Millions of U.S. Dollars	-1,920,879 Millions of U.S. Dollars	Mil. of U.S. $
line 17	+ Consumption of fixed capital	Q1 2026	435,778 Millions of U.S. Dollars	428,632 Millions of U.S. Dollars	408,341 Millions of U.S. Dollars	Mil. of U.S. $
line 18	- insurance and pension reserves	Q1 2026	-299 Millions of U.S. Dollars	-985 Millions of U.S. Dollars	-872 Millions of U.S. Dollars	Mil. of U.S. $
line 19	- Net capital transfers paid	Q1 2026	763,218 Millions of U.S. Dollars	99,647 Millions of U.S. Dollars	127,800 Millions of U.S. Dollars	Mil. of U.S. $
line 20	= Gross saving less Net capital transfers paid	Q1 2026	-2,133,181 Millions of U.S. Dollars	-1,355,214 Millions of U.S. Dollars	-1,639,466 Millions of U.S. Dollars	Mil. of U.S. $
line 21	Gross investment	Q1 2026	-2,197,327 Millions of U.S. Dollars	-1,120,094 Millions of U.S. Dollars	-1,813,366 Millions of U.S. Dollars	Mil. of U.S. $
line 22	Fixed investment	Q1 2026	473,580 Millions of U.S. Dollars	473,986 Millions of U.S. Dollars	467,856 Millions of U.S. Dollars	Mil. of U.S. $
line 23	Nonproduced nonfinancial assets	Q1 2026	-416 Millions of U.S. Dollars	-131 Millions of U.S. Dollars	-169 Millions of U.S. Dollars	Mil. of U.S. $
line 24	Net lending (+) or net borrowing (-)	Q1 2026	-2,670,491 Millions of U.S. Dollars	-1,593,949 Millions of U.S. Dollars	-2,281,053 Millions of U.S. Dollars	Mil. of U.S. $
line 25	Net acquisition of financial assets	Q1 2026	395,980 Millions of U.S. Dollars	427,873 Millions of U.S. Dollars	-1,025,576 Millions of U.S. Dollars	Mil. of U.S. $
line 26	U.S. official reserve assets	Q1 2026	2,386 Millions of U.S. Dollars	-1,328 Millions of U.S. Dollars	5,802 Millions of U.S. Dollars	Mil. of U.S. $
line 27	Checkable deposits and currency	Q1 2026	73,222 Millions of U.S. Dollars	-70,180 Millions of U.S. Dollars	-1,266,862 Millions of U.S. Dollars	Mil. of U.S. $
line 28	Time and savings deposits	Q1 2026	764 Millions of U.S. Dollars	-388 Millions of U.S. Dollars	-352 Millions of U.S. Dollars	Mil. of U.S. $
line 29	Debt securities	Q1 2026	320 Millions of U.S. Dollars	178 Millions of U.S. Dollars	6 Millions of U.S. Dollars	Mil. of U.S. $
line 30	Agency- and GSE-backed securities	Q1 2026	0 Millions of U.S. Dollars	0 Millions of U.S. Dollars	0 Millions of U.S. Dollars	Mil. of U.S. $
line 31	Corporate and foreign bonds	Q1 2026	0 Millions of U.S. Dollars	0 Millions of U.S. Dollars	0 Millions of U.S. Dollars	Mil. of U.S. $
line 32	Loans	.	. Millions of U.S. Dollars	. Millions of U.S. Dollars	. Millions of U.S. Dollars	Mil. of U.S. $
line 33	Other loans and advances	Q1 2026	8,804 Millions of U.S. Dollars	75,888 Millions of U.S. Dollars	82,308 Millions of U.S. Dollars	Mil. of U.S. $
line 34	Mortgages	Q1 2026	1,256 Millions of U.S. Dollars	1,412 Millions of U.S. Dollars	9,804 Millions of U.S. Dollars	Mil. of U.S. $
line 35	Consumer credit	Q1 2026	85,415 Millions of U.S. Dollars	19,163 Millions of U.S. Dollars	63,032 Millions of U.S. Dollars	Mil. of U.S. $
line 36	Corporate equities	Q1 2026	28,229 Millions of U.S. Dollars	2,512 Millions of U.S. Dollars	0 Millions of U.S. Dollars	Mil. of U.S. $
line 37	Trade receivables	Q1 2026	-22,748 Millions of U.S. Dollars	19,975 Millions of U.S. Dollars	-3,152 Millions of U.S. Dollars	Mil. of U.S. $
line 38	Taxes receivable	Q1 2026	203,096 Millions of U.S. Dollars	379,100 Millions of U.S. Dollars	69,052 Millions of U.S. Dollars	Mil. of U.S. $
line 39	Miscellaneous assets	.	. Millions of Dollars	. Millions of Dollars	. Millions of Dollars	Mil. of $
line 40	Net increase in liabilities	Q1 2026	3,066,471 Millions of U.S. Dollars	2,021,823 Millions of U.S. Dollars	1,255,477 Millions of U.S. Dollars	Mil. of U.S. $
line 41	SDR allocations	Q1 2026	0 Millions of U.S. Dollars	0 Millions of U.S. Dollars	0 Millions of U.S. Dollars	Mil. of U.S. $
line 42	SDR certificates	Q1 2026	0 Millions of U.S. Dollars	0 Millions of U.S. Dollars	0 Millions of U.S. Dollars	Mil. of U.S. $
line 43	Treasury currency	Q1 2026	728 Millions of U.S. Dollars	728 Millions of U.S. Dollars	200 Millions of U.S. Dollars	Mil. of U.S. $
line 44	Debt securities	Q1 2026	2,126,711 Millions of U.S. Dollars	1,753,212 Millions of U.S. Dollars	1,057,188 Millions of U.S. Dollars	Mil. of U.S. $
line 45	Treasury securities	Q1 2026	2,126,003 Millions of U.S. Dollars	1,753,904 Millions of U.S. Dollars	1,056,232 Millions of U.S. Dollars	Mil. of U.S. $
line 46	Marketable	.	. Millions of Dollars	. Millions of Dollars	. Millions of Dollars	Mil. of $
line 47	Nonmarketable	Q1 2026	129,063 Millions of U.S. Dollars	928,647 Millions of U.S. Dollars	-966,931 Millions of U.S. Dollars	Mil. of U.S. $
line 48	Budget agency securities	Q1 2026	708 Millions of U.S. Dollars	-692 Millions of U.S. Dollars	956 Millions of U.S. Dollars	Mil. of U.S. $
line 49	Loans	.	. Millions of U.S. Dollars	. Millions of U.S. Dollars	. Millions of U.S. Dollars	Mil. of U.S. $
line 50	Multifamily residential mortgages	Q1 2026	0 Millions of U.S. Dollars	0 Millions of U.S. Dollars	0 Millions of U.S. Dollars	Mil. of U.S. $
line 51	Other loans and advances	Q1 2026	0 Millions of U.S. Dollars	0 Millions of U.S. Dollars	966,520 Millions of U.S. Dollars	Mil. of U.S. $
line 52	Trade payables	Q1 2026	110,270 Millions of U.S. Dollars	36,261 Millions of U.S. Dollars	40,948 Millions of U.S. Dollars	Mil. of U.S. $
line 53	Insurance reserves	Q1 2026	4,100 Millions of U.S. Dollars	540 Millions of U.S. Dollars	4,468 Millions of U.S. Dollars	Mil. of U.S. $
line 54	Miscellaneous liabilities	Q1 2026	695,600 Millions of U.S. Dollars	-697,565 Millions of U.S. Dollars	153,084 Millions of U.S. Dollars	Mil. of U.S. $
line 55	Claims of pension fund on sponsor	Q1 2026	-11,293 Millions of U.S. Dollars	-799,884 Millions of U.S. Dollars	113,015 Millions of U.S. Dollars	Mil. of U.S. $
line 56	Other	Q1 2026	41,945 Millions of U.S. Dollars	102,319 Millions of U.S. Dollars	40,069 Millions of U.S. Dollars	Mil. of U.S. $
line 57	Discrepancy	Q1 2026	64,146 Millions of U.S. Dollars	-235,119 Millions of U.S. Dollars	173,900 Millions of U.S. Dollars	Mil. of U.S. $
	Memo:
line 58	Change in cash balance	Q1 2026	63,004 Millions of U.S. Dollars	-68,325 Millions of U.S. Dollars	-1,269,436 Millions of U.S. Dollars	Mil. of U.S. $

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