Annual

F.8 Instrument 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
Line Name Period Value Preceding
Period
Year Ago
from Period
Units
line 1
All types
2025 -704,785 Millions of U.S. Dollars -842,860 Millions of U.S. Dollars -842,860 Millions of U.S. Dollars Mil. of U.S. $
line 2
Treasury currency
. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 3
Foreign deposits
2025 202,521 Millions of U.S. Dollars 125,606 Millions of U.S. Dollars 125,606 Millions of U.S. Dollars Mil. of U.S. $
line 4
Net interbank transactions
2025 876 Millions of U.S. Dollars 10,711 Millions of U.S. Dollars 10,711 Millions of U.S. Dollars Mil. of U.S. $
line 5
Security repurchase agreements
2025 -546,370 Millions of U.S. Dollars -532,099 Millions of U.S. Dollars -532,099 Millions of U.S. Dollars Mil. of U.S. $
line 6
Mail floats
2025 842 Millions of U.S. Dollars 2,029 Millions of U.S. Dollars 2,029 Millions of U.S. Dollars Mil. of U.S. $
line 7
Federal government
2025 735 Millions of U.S. Dollars 2,568 Millions of U.S. Dollars 2,568 Millions of U.S. Dollars Mil. of U.S. $
line 8
State and local governments
2025 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 9
Private domestic
2025 107 Millions of U.S. Dollars -539 Millions of U.S. Dollars -539 Millions of U.S. Dollars Mil. of U.S. $
line 10
Trade credit
2025 32,972 Millions of U.S. Dollars 30,731 Millions of U.S. Dollars 30,731 Millions of U.S. Dollars Mil. of U.S. $
line 11
Taxes payable
2025 -85,460 Millions of U.S. Dollars -9,076 Millions of U.S. Dollars -9,076 Millions of U.S. Dollars Mil. of U.S. $
line 12
Miscellaneous
2025 -68,311 Millions of U.S. Dollars -168,008 Millions of U.S. Dollars -168,008 Millions of U.S. Dollars Mil. of U.S. $
line 13
Nonfinancial
2025 -241,854 Millions of U.S. Dollars -302,753 Millions of U.S. Dollars -302,753 Millions of U.S. Dollars Mil. of U.S. $
Nonfinancial components (sign reversed):
line 14
Statistical discrepancy (NIPA)
2025 235,447 Millions of U.S. Dollars 296,296 Millions of U.S. Dollars 296,296 Millions of U.S. Dollars Mil. of U.S. $
line 15
Contr. for govt. soc. insur., U.S. affiliated areas
2025 6,748 Millions of U.S. Dollars 6,457 Millions of U.S. Dollars 6,457 Millions of U.S. Dollars Mil. of U.S. $
   

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