Federal Reserve Economic Data

Quarterly

L.119.b Federal Government Employee Retirement Funds: Defined Benefit Plans


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    
 
 
    Q1 2025
Millions of Dollars
Line Name Q1 2025 Q4 2024 Q1 2024
line 1
Total financial assets
3,925,755 3,910,463 3,863,258
line 2
Checkable deposits and currency
1,077 1,001 772
line 3
Debt securities
10,737 10,870 10,584
line 4
Treasury securities
5,876 5,905 6,187
line 5
Agency- and GSE-backed securities
827 845 634
line 6
Municipal securities
25 25 23
line 7
Corporate and foreign bonds
4,009 4,095 3,740
line 8
Corporate equities
16,329 16,679 17,759
line 9
Claims of pension fund on sponsor (misc. assets)
1,055,213 1,000,757 1,202,171
line 10
Pension entitlements (liabilities)
3,925,755 3,910,463 3,863,258
   

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