Federal Reserve Economic Data

Quarterly

L.102 Nonfinancial Business

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

    Q4 1945    
 
 
    Q3 2025
Line Name Period Value Preceding
Period 		Year Ago
from Period 		Units
line 1
Total financial assets 		Q3 2025 44,669,944 Millions of U.S. Dollars 43,792,752 Millions of U.S. Dollars 41,918,521 Millions of U.S. Dollars Mil. of U.S. $
line 2
Foreign deposits 		Q3 2025 204,597 Millions of U.S. Dollars 219,472 Millions of U.S. Dollars 228,295 Millions of U.S. Dollars Mil. of U.S. $
line 3
Checkable deposits and currency 		Q3 2025 2,820,788 Millions of U.S. Dollars 2,719,282 Millions of U.S. Dollars 2,657,173 Millions of U.S. Dollars Mil. of U.S. $
line 4
Time and savings deposits 		Q3 2025 1,912,966 Millions of U.S. Dollars 1,881,002 Millions of U.S. Dollars 1,895,707 Millions of U.S. Dollars Mil. of U.S. $
line 5
Money market fund shares 		Q3 2025 1,173,009 Millions of U.S. Dollars 1,130,096 Millions of U.S. Dollars 1,054,281 Millions of U.S. Dollars Mil. of U.S. $
line 6
Security repurchase agreements 		Q3 2025 69,031 Millions of U.S. Dollars 54,029 Millions of U.S. Dollars 34,112 Millions of U.S. Dollars Mil. of U.S. $
line 7
Debt securities 		Q3 2025 521,840 Millions of U.S. Dollars 505,233 Millions of U.S. Dollars 510,477 Millions of U.S. Dollars Mil. of U.S. $
line 8
Commercial paper 		Q3 2025 215,333 Millions of U.S. Dollars 207,016 Millions of U.S. Dollars 221,615 Millions of U.S. Dollars Mil. of U.S. $
line 9
Treasury securities 		Q3 2025 220,094 Millions of U.S. Dollars 214,117 Millions of U.S. Dollars 205,920 Millions of U.S. Dollars Mil. of U.S. $
line 10
Agency- and GSE-backed securities 		Q3 2025 42,665 Millions of U.S. Dollars 40,896 Millions of U.S. Dollars 39,979 Millions of U.S. Dollars Mil. of U.S. $
line 11
Municipal securities 		Q3 2025 30,749 Millions of U.S. Dollars 29,904 Millions of U.S. Dollars 29,546 Millions of U.S. Dollars Mil. of U.S. $
line 12
Loans 		Q3 2025 202,992 Millions of U.S. Dollars 202,296 Millions of U.S. Dollars 200,731 Millions of U.S. Dollars Mil. of U.S. $
line 13
Mortgages 		Q3 2025 202,992 Millions of U.S. Dollars 202,296 Millions of U.S. Dollars 200,731 Millions of U.S. Dollars Mil. of U.S. $
line 14
Consumer credit 		Q3 2025 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 15
Corporate equities 		Q3 2025 3,563,322 Millions of U.S. Dollars 3,346,432 Millions of U.S. Dollars 3,269,471 Millions of U.S. Dollars Mil. of U.S. $
line 16
Mutual fund shares 		Q3 2025 483,689 Millions of U.S. Dollars 450,064 Millions of U.S. Dollars 400,383 Millions of U.S. Dollars Mil. of U.S. $
line 17
Trade receivables 		Q3 2025 6,933,435 Millions of U.S. Dollars 6,836,243 Millions of U.S. Dollars 6,441,991 Millions of U.S. Dollars Mil. of U.S. $
line 18
U.S. direct investment abroad 		. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 19
Miscellaneous assets 		Q3 2025 17,010,115 Millions of U.S. Dollars 17,174,005 Millions of U.S. Dollars 16,659,902 Millions of U.S. Dollars Mil. of U.S. $
line 20
Total liabilities 		Q3 2025 43,672,065 Millions of U.S. Dollars 43,388,948 Millions of U.S. Dollars 42,208,556 Millions of U.S. Dollars Mil. of U.S. $
line 21
Debt securities 		Q3 2025 8,722,420 Millions of U.S. Dollars 8,656,936 Millions of U.S. Dollars 8,529,872 Millions of U.S. Dollars Mil. of U.S. $
line 22
Commercial paper 		Q3 2025 227,735 Millions of U.S. Dollars 253,909 Millions of U.S. Dollars 192,044 Millions of U.S. Dollars Mil. of U.S. $
line 23
Municipal securities 		Q3 2025 648,274 Millions of U.S. Dollars 652,515 Millions of U.S. Dollars 637,307 Millions of U.S. Dollars Mil. of U.S. $
line 24
Corporate bonds 		Q3 2025 7,320,501 Millions of U.S. Dollars 7,236,151 Millions of U.S. Dollars 7,203,254 Millions of U.S. Dollars Mil. of U.S. $
line 25
Loans 		Q3 2025 13,283,014 Millions of U.S. Dollars 13,160,724 Millions of U.S. Dollars 12,996,490 Millions of U.S. Dollars Mil. of U.S. $
line 26
Depository institution loans n.e.c. 		Q3 2025 2,830,028 Millions of U.S. Dollars 2,831,086 Millions of U.S. Dollars 2,959,798 Millions of U.S. Dollars Mil. of U.S. $
line 27
Other loans and advances 		Q3 2025 3,268,952 Millions of U.S. Dollars 3,234,289 Millions of U.S. Dollars 3,106,136 Millions of U.S. Dollars Mil. of U.S. $
line 28
Mortgages 		Q3 2025 7,184,034 Millions of U.S. Dollars 7,095,349 Millions of U.S. Dollars 6,930,556 Millions of U.S. Dollars Mil. of U.S. $
line 29
Trade payables 		Q3 2025 5,217,988 Millions of U.S. Dollars 5,086,701 Millions of U.S. Dollars 4,760,569 Millions of U.S. Dollars Mil. of U.S. $
line 30
Taxes payable 		Q3 2025 445,941 Millions of U.S. Dollars 477,370 Millions of U.S. Dollars 480,195 Millions of U.S. Dollars Mil. of U.S. $
line 31
Foreign direct investment in U.S. 		. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 32
Miscellaneous liabilities 		Q3 2025 15,658,886 Millions of U.S. Dollars 15,651,998 Millions of U.S. Dollars 15,077,014 Millions of U.S. Dollars Mil. of U.S. $
   

Back to Top

Subscribe to the FRED newsletter

Follow us

 

Need Help?

Questions or Comments
FRED Help
Legal
Privacy Notice & Policy