Skip to main content

Annual Tables:
S.8.a State and Local Governments

   
    1945    
 
 
    2019
Millions of Dollars
Line Name Period Value Preceding
Period
Year Ago
from Period
Current account
1
Gross value added
2019 1,838,208 1,774,345 1,774,345
2
Less: Consumption of fixed capital
2019 292,670 279,569 279,569
3
Equals: Net value added
2019 1,545,538 1,494,776 1,494,776
4
Compensation of employees (paid)
2019 1,550,038 1,498,743 1,498,743
5
Wages and salaries
. . . .
6
Employers’ social contributions
. . . .
7
Operating surplus, net
2019 -4,501 -3,967 -3,967
8
Net national income/Balance of primary incomes, net
. . . .
9
Operating surplus, net
2019 -4,501 -3,967 -3,967
10
Taxes on production and imports, receivable
2019 1,325,264 1,280,968 1,280,968
11
Subsidies (paid)
2019 -594 -577 -577
12
Property income (received)
. . . .
13
Interest
. . . .
14
Distributed income of corporations (dividends)
. . . .
15
Rents on land and natural resources
2019 11,933 11,700 11,700
16
Less: Uses of property income (interest paid)
. . . .
17
Net national income/Balance of primary incomes, net
. . . .
18
Plus: Current taxes on income, wealth, etc. (received)
. . . .
19
Plus: Social benefits (received)
2019 22,723 22,202 22,202
20
Less: Social contributions (paid)
2019 774,908 736,601 736,601
21
Plus: Other current transfers (received)
2019 748,784 716,568 716,568
22
Less: Other current transfers (paid)
2019 0 0 0
23
Equals: Disposable income, net
. . . .
24
Less: Final consumption expenditures
2019 1,904,523 1,847,409 1,847,409
25
Equals: Net saving
. . . .
Capital account
26
Net saving less capital transfers
. . . .
27
Net saving
. . . .
28
Less: Capital transfers paid (net)
2019 -75,673 -73,281 -73,281
29
Capital formation, net
2019 147,906 131,681 131,681
30
Gross fixed capital formation (acquisition of produced nonfinancial assets)
2019 425,447 396,788 396,788
31
Less: Consumption of fixed capital
2019 292,670 279,569 279,569
32
Acquisition of nonproduced nonfinancial assets
2019 15,129 14,463 14,463
33
Net lending (+) or borrowing (-), capital account (lines 26-29)
. . . .
Financial account
34
Net lending (+) or borrowing (-) (line 33)
. . . .
35
Net acquisition of financial assets
2019 -38,690 -118,370 -118,370
36
Currency and deposits
2019 26,743 274 274
37
Currency and transferable deposits
2019 6,223 -7,636 -7,636
38
Time and savings deposits
. . . .
39
Debt securities
2019 -89,346 -104,234 -104,234
40
Open market paper
2019 -963 -5,422 -5,422
41
Treasury securities
2019 -45,323 -61,995 -61,995
42
Agency- and GSE-backed securities
2019 -22,374 -33,751 -33,751
43
Municipal securities
2019 -867 -776 -776
44
Corporate and foreign bonds
2019 -19,819 -2,290 -2,290
45
Loans
2019 -5,066 -29,113 -29,113
46
Short term
2019 -2,031 -11,430 -11,430
47
Long term (mortgages)
2019 -3,035 -17,683 -17,683
48
Equity and investment fund shares
2019 2,494 -4,290 -4,290
49
Money market fund shares
2019 4,694 -2,090 -2,090
50
Corporate equities
2019 -3,400 -3,400 -3,400
51
Mutual fund shares
2019 1,200 1,200 1,200
52
Other accounts receivable
2019 26,485 18,994 18,994
53
Trade receivables
2019 10,912 15,604 15,604
54
Taxes receivable
2019 8,057 9,415 9,415
55
Other (miscellaneous assets)
2019 7,516 -6,025 -6,025
56
Net incurrence of liabilities
2019 289,585 147,492 147,492
57
Debt securities (municipals)
2019 8,393 -51,455 -51,455
58
Short term
2019 6,611 3,046 3,046
59
Other
2019 1,782 -54,501 -54,501
60
Loans (short term)
2019 1,765 1,081 1,081
61
Insurance, pension and standardized guarantee schemes (claim of pension funds on sponsor)
2019 229,187 149,787 149,787
62
Other accounts payable (trade payables)
2019 50,240 48,079 48,079
Addendum:
63
Net lending (+) or borrowing (-), financial account (lines 35-56)
2019 -328,275 -265,861 -265,861
Other changes in volume account
64
Total other volume changes
. . . .
65
Disaster losses
2019 0 -159 -159
66
Other volume changes
2019 -17,982 -61,709 -61,709
67
Less: Statistical discrepancy (lines 33-63)
. . . .
Revaluation account
68
Nonfinancial assets
2019 330,486 479,553 479,553
69
Structures
2019 331,127 471,738 471,738
70
Equipment
2019 -2,873 5,143 5,143
71
Intellectual property products
2019 2,231 2,672 2,672
72
Financial assets (equity and investment fund shares)
2019 53,261 -16,361 -16,361
73
Liabilities (claim of pension funds on sponsor)
2019 -647,102 218,429 218,429
74
Changes in net worth due to nominal holding gains/losses
2019 1,030,848 244,764 244,764
Changes in balance sheet account
75
Change in net worth (lines 29+33+64+74)
2019 832,497 48,716 48,716
Balance sheet account (end of period)
76
Total assets
2019 15,066,686 14,532,126 14,532,126
77
Nonfinancial assets
2019 12,017,109 11,553,938 11,553,938
78
Structures
2019 11,603,357 11,150,087 11,150,087
79
Equipment
2019 266,226 264,191 264,191
80
Intellectual property products
2019 147,526 139,660 139,660
81
Financial assets
2019 3,049,577 2,978,188 2,978,188
82
Currency and deposits
2019 563,039 536,296 536,296
83
Currency and transferable deposits
2019 139,139 132,916 132,916
84
Time and savings deposits
. . . .
85
Debt securities
2019 1,359,498 1,391,033 1,391,033
86
Open market paper
2019 66,774 67,737 67,737
87
Treasury securities
2019 662,673 684,085 684,085
88
Agency- and GSE-backed securities
2019 437,565 443,948 443,948
89
Municipal securities
2019 14,352 14,559 14,559
90
Corporate and foreign bonds
2019 178,134 180,704 180,704
91
Loans
2019 361,577 366,793 366,793
92
Short term
2019 140,782 142,813 142,813
93
Long term (mortgages)
2019 220,795 223,980 223,980
94
Equity and investment fund shares
2019 289,139 233,384 233,384
95
Money market fund shares
2019 24,472 19,778 19,778
96
Corporate equities
2019 173,161 137,692 137,692
97
Mutual fund shares
2019 91,506 75,914 75,914
98
Other accounts receivable
2019 476,324 450,682 450,682
99
Trade receivables
2019 238,603 227,691 227,691
100
Taxes receivable
2019 170,385 163,171 163,171
101
Other (miscellaneous assets)
2019 67,336 59,820 59,820
102
Total liabilities and net worth
2019 15,066,686 14,532,126 14,532,126
103
Liabilities
2019 8,224,936 8,522,873 8,522,873
104
Debt securities (municipals)
2019 3,063,930 3,055,537 3,055,537
105
Short term
2019 44,693 38,082 38,082
106
Other
2019 3,019,237 3,017,455 3,017,455
107
Loans (short term)
2019 21,090 19,325 19,325
108
Insurance, pension and standardized guarantee schemes (claim of pension funds on sponsor)
2019 4,087,843 4,446,178 4,446,178
109
Other accounts payable (trade payables)
2019 1,052,073 1,001,833 1,001,833
110
Net worth
2019 6,841,750 6,009,253 6,009,253
   

Subscribe to the FRED newsletter


Follow us

Back to Top