Annual

F.7 Sector Discrepancies


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

    1946    
 
 
    2025
Millions of U.S. Dollars
Line Name 2025 Preceding
Period
Year Ago
from Period
line 1
All sectors
-704,785 -842,860 -842,860
line 2
Household sector
-767,794 -1,102,980 -1,102,980
line 3
Nonfinancial corporate business
274,714 133,310 133,310
line 4
Federal government
-172,619 -116,777 -116,777
line 5
State and local governments
31,333 12,847 12,847
line 6
Domestic financial sectors
-189,688 -34,966 -34,966
line 7
Monetary authority
-47,458 -79,570 -79,570
line 8
U.S.-chartered depository institutions
60,759 110,986 110,986
line 9
Foreign banking officed in U.S.
-45,732 26,856 26,856
line 10
Banks in U.S.-affiliated areas
3,987 -664 -664
line 11
Credit unions
9,820 12,027 12,027
line 12
Property-casualty insurance companies
19,389 10,828 10,828
line 13
Life insurance companies
-28,037 -51,936 -51,936
line 14
Mutual funds
4,125 5,882 5,882
line 15
Government-sponsored enterprises
-22,466 -54,493 -54,493
line 16
Issuers of asset-backed securities
0 0 0
line 17
Finance companies
93,021 71,813 71,813
line 18
REITs
0 0 0
line 19
Brokers and dealers
-104,273 -3,819 -3,819
line 20
Holding companies
-132,834 -82,877 -82,877
line 21
Rest of the world
119,268 265,706 265,706
   

Back to Top