Annual

L.119 Federal Government Employee Retirement 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

    1945    
 
 
    2025
Millions of U.S. Dollars
Line Name 2025 Preceding
Period
Year Ago
from Period
line 1
Total financial assets
5,046,085 4,834,170 4,834,170
line 2
Checkable deposits and currency
1,305 1,001 1,001
line 3
Debt securities
48,152 44,697 44,697
line 4
Treasury securities
22,202 20,939 20,939
line 5
Agency- and GSE-backed securities
10,986 10,071 10,071
line 6
Municipal securities
27 25 25
line 7
Corporate and foreign bonds
14,937 13,662 13,662
line 8
Loans (other loans and advances)
0 0 0
line 9
Corporate equities
733,507 650,463 650,463
line 10
Claims of pension fund on sponsor (misc. assets)
699,690 961,965 961,965
line 11
Pension entitlements (liabilities)
5,046,085 4,834,170 4,834,170
Memo:
Funded status of defined benefit plans:
line 12
Pension entitlements
3,951,337 3,871,671 3,871,671
line 13
Funded by assets
3,251,647 2,909,706 2,909,706
line 14
Unfunded (line 10)
699,690 961,965 961,965
Total financial assets
line 15
Defined benefit plans
3,951,337 3,871,671 3,871,671
line 16
Defined contribution plans
1,094,748 962,499 962,499
   

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