Annual

S13M.s State and local governments


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/
To easily map the Board series IDs to FRED series IDs, see the DDP-FRED Crosswalk available at: https://www.federalreserve.gov/data/data-download-fred-information.htm


   

Please select a date range

    1945    
 
 
    2025
Line Name Period Value Preceding
Period
Year Ago
from Period
Units
line 1
Total financial assets
2025 5,253,444 Millions of U.S. Dollars 4,991,641 Millions of U.S. Dollars 4,991,641 Millions of U.S. Dollars Mil. of U.S. $
line 2
Checkable deposits and currency
2025 431,494 Millions of U.S. Dollars 390,652 Millions of U.S. Dollars 390,652 Millions of U.S. Dollars Mil. of U.S. $
line 3
Time and savings deposits
. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 4
Money market fund shares
2025 80,912 Millions of U.S. Dollars 81,912 Millions of U.S. Dollars 81,912 Millions of U.S. Dollars Mil. of U.S. $
line 5
Security repurchase agreements
2025 240,847 Millions of U.S. Dollars 227,733 Millions of U.S. Dollars 227,733 Millions of U.S. Dollars Mil. of U.S. $
line 6
Debt securities
2025 2,736,320 Millions of U.S. Dollars 2,571,050 Millions of U.S. Dollars 2,571,050 Millions of U.S. Dollars Mil. of U.S. $
line 7
Open market paper
2025 295,128 Millions of U.S. Dollars 262,778 Millions of U.S. Dollars 262,778 Millions of U.S. Dollars Mil. of U.S. $
line 8
Treasury securities
. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 9
Agency- and GSE-backed securities
2025 463,939 Millions of U.S. Dollars 438,678 Millions of U.S. Dollars 438,678 Millions of U.S. Dollars Mil. of U.S. $
line 10
Municipal securities
2025 49,987 Millions of U.S. Dollars 47,265 Millions of U.S. Dollars 47,265 Millions of U.S. Dollars Mil. of U.S. $
line 11
Corporate and foreign bonds
2025 325,755 Millions of U.S. Dollars 308,018 Millions of U.S. Dollars 308,018 Millions of U.S. Dollars Mil. of U.S. $
line 12
Loans (mortgages)
2025 248,064 Millions of U.S. Dollars 233,672 Millions of U.S. Dollars 233,672 Millions of U.S. Dollars Mil. of U.S. $
line 13
Corporate equities
2025 148,883 Millions of U.S. Dollars 140,777 Millions of U.S. Dollars 140,777 Millions of U.S. Dollars Mil. of U.S. $
line 14
Mutual fund shares
2025 71,455 Millions of U.S. Dollars 67,564 Millions of U.S. Dollars 67,564 Millions of U.S. Dollars Mil. of U.S. $
line 15
Trade receivables
2025 362,050 Millions of U.S. Dollars 332,293 Millions of U.S. Dollars 332,293 Millions of U.S. Dollars Mil. of U.S. $
line 16
Taxes receivable
2025 301,802 Millions of U.S. Dollars 288,526 Millions of U.S. Dollars 288,526 Millions of U.S. Dollars Mil. of U.S. $
line 17
Miscellaneous assets
2025 195,415 Millions of U.S. Dollars 184,775 Millions of U.S. Dollars 184,775 Millions of U.S. Dollars Mil. of U.S. $
line 18
Total liabilities
2025 7,653,923 Millions of U.S. Dollars 7,895,683 Millions of U.S. Dollars 7,895,683 Millions of U.S. Dollars Mil. of U.S. $
line 19
Debt securities (municipal securities)
2025 3,527,013 Millions of U.S. Dollars 3,369,557 Millions of U.S. Dollars 3,369,557 Millions of U.S. Dollars Mil. of U.S. $
line 20
Short-term
2025 38,573 Millions of U.S. Dollars 34,630 Millions of U.S. Dollars 34,630 Millions of U.S. Dollars Mil. of U.S. $
line 21
Long-term
2025 3,488,440 Millions of U.S. Dollars 3,334,927 Millions of U.S. Dollars 3,334,927 Millions of U.S. Dollars Mil. of U.S. $
line 22
Loans (U.S. government loans)
2025 26,201 Millions of U.S. Dollars 25,482 Millions of U.S. Dollars 25,482 Millions of U.S. Dollars Mil. of U.S. $
line 23
Trade payables
2025 1,448,735 Millions of U.S. Dollars 1,372,329 Millions of U.S. Dollars 1,372,329 Millions of U.S. Dollars Mil. of U.S. $
line 24
Claims of pension fund on sponsor
2025 2,526,622 Millions of U.S. Dollars 3,005,859 Millions of U.S. Dollars 3,005,859 Millions of U.S. Dollars Mil. of U.S. $
   

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