Skip to main content

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

   
    1945    
 
 
    2018
Millions of Dollars
Line Name Period Value Preceding
Period
Year Ago
from Period
Current account
1
Gross value added
2018 1,760,861 1,712,669 1,712,669
2
Less: Consumption of fixed capital
2018 278,264 265,557 265,557
3
Equals: Net value added
2018 1,482,597 1,447,112 1,447,112
4
Compensation of employees (paid)
2018 1,486,326 1,450,018 1,450,018
5
Wages and salaries
. . . .
6
Employers’ social contributions
. . . .
7
Operating surplus, net
2018 -3,729 -2,906 -2,906
8
Net national income/Balance of primary incomes, net
2018 1,072,169 1,012,202 1,012,202
9
Operating surplus, net
2018 -3,729 -2,906 -2,906
10
Taxes on production and imports, receivable
2018 1,268,610 1,215,704 1,215,704
11
Subsidies (paid)
2018 -572 -555 -555
12
Property income (received)
2018 87,251 86,006 86,006
13
Interest
2018 69,837 68,801 68,801
14
Distributed income of corporations (dividends)
2018 6,039 5,936 5,936
15
Rents on land and natural resources
2018 11,376 11,269 11,269
16
Less: Uses of property income (interest paid)
2018 279,391 286,047 286,047
17
Net national income/Balance of primary incomes, net
2018 1,072,169 1,012,202 1,012,202
18
Plus: Current taxes on income, wealth, etc. (received)
2018 496,296 474,145 474,145
19
Plus: Social benefits (received)
2018 21,745 20,561 20,561
20
Less: Social contributions (paid)
2018 739,079 712,268 712,268
21
Plus: Other current transfers (received)
2018 718,273 690,730 690,730
22
Less: Other current transfers (paid)
2018 0 0 0
23
Equals: Disposable income, net
2018 1,569,405 1,485,371 1,485,371
24
Less: Final consumption expenditures
2018 1,811,248 1,744,460 1,744,460
25
Equals: Net saving
2018 -241,843 -259,089 -259,089
Capital account
26
Net saving less capital transfers
2018 -170,056 -186,308 -186,308
27
Net saving
2018 -241,843 -259,089 -259,089
28
Less: Capital transfers paid (net)
2018 -71,787 -72,781 -72,781
29
Capital formation, net
2018 125,967 112,734 112,734
30
Gross fixed capital formation (acquisition of produced nonfinancial assets)
2018 389,773 364,780 364,780
31
Less: Consumption of fixed capital
2018 278,264 265,557 265,557
32
Acquisition of nonproduced nonfinancial assets
2018 14,458 13,511 13,511
33
Net lending (+) or borrowing (-), capital account (lines 26-29)
2018 -296,023 -299,042 -299,042
Financial account
34
Net lending (+) or borrowing (-) (line 33)
2018 -296,023 -299,042 -299,042
35
Net acquisition of financial assets
2018 -88,061 8,182 8,182
36
Currency and deposits
2018 4,087 25,100 25,100
37
Currency and transferable deposits
2018 -4,140 10,611 10,611
38
Time and savings deposits
2018 8,227 14,489 14,489
39
Debt securities
2018 -71,665 -24,479 -24,479
40
Open market paper
2018 -4,414 -1,179 -1,179
41
Treasury securities
2018 -30,269 -27,086 -27,086
42
Agency- and GSE-backed securities
2018 -24,257 7,185 7,185
43
Municipal securities
2018 -949 -253 -253
44
Corporate and foreign bonds
2018 -11,776 -3,146 -3,146
45
Loans
2018 -23,665 -6,010 -6,010
46
Short term
2018 -9,307 -2,486 -2,486
47
Long term (mortgages)
2018 -14,358 -3,524 -3,524
48
Equity and investment fund shares
2018 -11,597 -2,235 -2,235
49
Money market fund shares
2018 -2,090 306 306
50
Corporate equities
2018 -6,276 -1,677 -1,677
51
Mutual fund shares
2018 -3,231 -864 -864
52
Other accounts receivable
2018 14,779 15,806 15,806
53
Trade receivables
2018 16,715 10,724 10,724
54
Taxes receivable
2018 9,038 7,345 7,345
55
Other (miscellaneous assets)
2018 -10,974 -2,263 -2,263
56
Net incurrence of liabilities
2018 178,973 289,210 289,210
57
Debt securities (municipals)
2018 -53,445 -2,045 -2,045
58
Short term
2018 3,032 4,791 4,791
59
Other
2018 -56,477 -6,836 -6,836
60
Loans (short term)
2018 1,081 441 441
61
Insurance, pension and standardized guarantee schemes (claim of pension funds on sponsor)
2018 184,642 246,995 246,995
62
Other accounts payable (trade payables)
2018 46,695 43,819 43,819
Addendum:
63
Net lending (+) or borrowing (-), financial account (lines 35-56)
2018 -267,035 -281,028 -281,028
Other changes in volume account
64
Total other volume changes
2018 -53,156 -68,708 -68,708
65
Disaster losses
2018 -2,000 -7,503 -7,503
66
Other volume changes
2018 -80,144 -79,219 -79,219
67
Less: Statistical discrepancy (lines 33-63)
2018 -28,988 -18,015 -18,015
Revaluation account
68
Nonfinancial assets
2018 526,404 338,933 338,933
69
Structures
2018 521,386 333,861 333,861
70
Equipment
2018 2,678 2,166 2,166
71
Intellectual property products
2018 2,340 2,906 2,906
72
Financial assets (equity and investment fund shares)
2018 -26,357 55,600 55,600
73
Liabilities (claim of pension funds on sponsor)
2018 229,303 -473,972 -473,972
74
Changes in net worth due to nominal holding gains/losses
2018 270,744 868,505 868,505
Changes in balance sheet account
75
Change in net worth (lines 29+33+64+74)
2018 47,532 613,489 613,489
Balance sheet account (end of period)
76
Total assets
2018 14,633,585 14,113,448 14,113,448
77
Nonfinancial assets
2018 11,573,156 10,937,287 10,937,287
78
Structures
2018 11,175,849 10,552,617 10,552,617
79
Equipment
2018 256,810 251,244 251,244
80
Intellectual property products
2018 140,497 133,426 133,426
81
Financial assets
2018 3,060,429 3,176,161 3,176,161
82
Currency and deposits
2018 510,123 506,036 506,036
83
Currency and transferable deposits
2018 108,933 113,073 113,073
84
Time and savings deposits
2018 401,190 392,963 392,963
85
Debt securities
2018 1,336,843 1,408,508 1,408,508
86
Open market paper
2018 64,852 69,266 69,266
87
Treasury securities
2018 660,218 690,487 690,487
88
Agency- and GSE-backed securities
2018 424,827 449,084 449,084
89
Municipal securities
2018 13,939 14,888 14,888
90
Corporate and foreign bonds
2018 173,007 184,783 184,783
91
Loans
2018 351,170 375,074 375,074
92
Short term
2018 136,730 146,037 146,037
93
Long term (mortgages)
2018 214,440 229,037 229,037
94
Equity and investment fund shares
2018 353,489 391,443 391,443
95
Money market fund shares
2018 19,778 21,868 21,868
96
Corporate equities
2018 248,938 274,668 274,668
97
Mutual fund shares
2018 84,773 94,907 94,907
98
Other accounts receivable
2018 508,804 495,100 495,100
99
Trade receivables
2018 229,142 212,427 212,427
100
Taxes receivable
2018 157,661 149,698 149,698
101
Other (miscellaneous assets)
2018 122,001 132,975 132,975
102
Total liabilities and net worth
2018 14,633,585 14,113,448 14,113,448
103
Liabilities
2018 8,589,182 8,116,577 8,116,577
104
Debt securities (municipals)
2018 3,039,107 3,092,552 3,092,552
105
Short term
2018 38,068 35,036 35,036
106
Other
2018 3,001,039 3,057,516 3,057,516
107
Loans (short term)
2018 19,325 18,244 18,244
108
Insurance, pension and standardized guarantee schemes (claim of pension funds on sponsor)
2018 4,532,211 4,053,937 4,053,937
109
Other accounts payable (trade payables)
2018 998,539 951,844 951,844
110
Net worth
2018 6,044,403 5,996,871 5,996,871
   

Subscribe to the FRED newsletter


Follow us

Back to Top
Click to send us feedback