Quarterly Tables

S1.1.i.q Total economy - current account

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/%
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    Q4 1946    
 
 
    Q1 2026
Line Name Period Value Preceding
Period 		Year Ago
from Period 		Units
line 1
Gross value added (income approach) 		Q1 2026 31,539,380 Millions of U.S. Dollars 31,199,940 Millions of U.S. Dollars 29,895,652 Millions of U.S. Dollars Mil. of U.S. $
line 2
Less: Consumption of fixed capital 		Q1 2026 5,275,985 Millions of U.S. Dollars 5,210,081 Millions of U.S. Dollars 4,943,183 Millions of U.S. Dollars Mil. of U.S. $
line 3
Equals: Net value added 		Q1 2026 26,263,395 Millions of U.S. Dollars 25,989,859 Millions of U.S. Dollars 24,952,468 Millions of U.S. Dollars Mil. of U.S. $
line 4
Compensation of employees (paid) 		Q1 2026 16,100,826 Millions of U.S. Dollars 15,971,853 Millions of U.S. Dollars 15,533,625 Millions of U.S. Dollars Mil. of U.S. $
line 5
Wages and salaries 		Q1 2026 13,264,721 Millions of U.S. Dollars 13,158,885 Millions of U.S. Dollars 12,811,427 Millions of U.S. Dollars Mil. of U.S. $
line 6
Employers’ social contributions 		Q1 2026 2,836,106 Millions of U.S. Dollars 2,812,968 Millions of U.S. Dollars 2,722,198 Millions of U.S. Dollars Mil. of U.S. $
line 7
Taxes on production and imports less subsidies 		Q1 2026 2,221,984 Millions of U.S. Dollars 2,251,418 Millions of U.S. Dollars 1,906,660 Millions of U.S. Dollars Mil. of U.S. $
line 8
Operating surplus, net 		Q1 2026 7,940,585 Millions of U.S. Dollars 7,766,589 Millions of U.S. Dollars 7,512,182 Millions of U.S. Dollars Mil. of U.S. $
line 9
Plus income receipts from the rest of the world 		. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 10
Less: Income payments to the rest of the world 		. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 11
Equals: Net national income/Balance of primary incomes, net 		Q1 2026 26,326,817 Millions of U.S. Dollars 26,121,126 Millions of U.S. Dollars 24,954,546 Millions of U.S. Dollars Mil. of U.S. $
line 12
Operating surplus, net 		Q1 2026 7,940,585 Millions of U.S. Dollars 7,766,589 Millions of U.S. Dollars 7,512,182 Millions of U.S. Dollars Mil. of U.S. $
line 13
Compensation of employees (received) 		Q1 2026 16,077,718 Millions of U.S. Dollars 15,949,561 Millions of U.S. Dollars 15,510,884 Millions of U.S. Dollars Mil. of U.S. $
line 14
Wages and salaries 		Q1 2026 13,241,612 Millions of U.S. Dollars 13,136,593 Millions of U.S. Dollars 12,788,686 Millions of U.S. Dollars Mil. of U.S. $
line 15
Employers’ social contributions 		Q1 2026 2,836,106 Millions of U.S. Dollars 2,812,968 Millions of U.S. Dollars 2,722,198 Millions of U.S. Dollars Mil. of U.S. $
line 16
Taxes on production and imports, receivable 		Q1 2026 2,356,563 Millions of U.S. Dollars 2,348,021 Millions of U.S. Dollars 2,014,357 Millions of U.S. Dollars Mil. of U.S. $
line 17
Subsidies paid 		Q1 2026 -134,579 Millions of U.S. Dollars -96,603 Millions of U.S. Dollars -107,697 Millions of U.S. Dollars Mil. of U.S. $
line 18
Property income received from rest of world (net) 		Q1 2026 86,530 Millions of U.S. Dollars 153,558 Millions of U.S. Dollars 24,820 Millions of U.S. Dollars Mil. of U.S. $
line 19
Distributed income of corporations (net) 		Q1 2026 390,933 Millions of U.S. Dollars 511,331 Millions of U.S. Dollars 422,531 Millions of U.S. Dollars Mil. of U.S. $
line 20
Interest (net) 		Q1 2026 -479,208 Millions of U.S. Dollars -473,570 Millions of U.S. Dollars -461,005 Millions of U.S. Dollars Mil. of U.S. $
line 21
Reinvested earnings (net) 		Q1 2026 174,806 Millions of U.S. Dollars 115,797 Millions of U.S. Dollars 63,293 Millions of U.S. Dollars Mil. of U.S. $
line 22
Rents on land and natural resources (net) 		Q1 2026 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 23
Net national income/Balance of primary incomes, net 		Q1 2026 26,326,817 Millions of U.S. Dollars 26,121,126 Millions of U.S. Dollars 24,954,546 Millions of U.S. Dollars Mil. of U.S. $
line 24
Plus: Current taxes on income, wealth, etc. (received) 		Q1 2026 4,047,225 Millions of U.S. Dollars 4,082,590 Millions of U.S. Dollars 3,847,581 Millions of U.S. Dollars Mil. of U.S. $
line 25
Less: Current taxes on income, wealth, etc. (paid) 		Q1 2026 4,022,620 Millions of U.S. Dollars 4,058,128 Millions of U.S. Dollars 3,824,456 Millions of U.S. Dollars Mil. of U.S. $
line 26
Plus: Social benefits (received) 		Q1 2026 7,068,742 Millions of U.S. Dollars 6,992,709 Millions of U.S. Dollars 6,687,579 Millions of U.S. Dollars Mil. of U.S. $
line 27
Less: Social contributions (paid) 		Q1 2026 7,101,147 Millions of U.S. Dollars 7,024,489 Millions of U.S. Dollars 6,718,122 Millions of U.S. Dollars Mil. of U.S. $
line 28
Plus: Other current transfers (received) 		Q1 2026 1,385,819 Millions of U.S. Dollars 1,384,926 Millions of U.S. Dollars 1,337,762 Millions of U.S. Dollars Mil. of U.S. $
line 29
Less: Other current transfers (paid) 		Q1 2026 1,611,162 Millions of U.S. Dollars 1,613,930 Millions of U.S. Dollars 1,570,431 Millions of U.S. Dollars Mil. of U.S. $
line 30
Equals: Disposable income, net 		Q1 2026 26,093,673 Millions of U.S. Dollars 25,884,803 Millions of U.S. Dollars 24,714,456 Millions of U.S. Dollars Mil. of U.S. $
line 31
Less: Final consumption expenditures 		Q1 2026 25,955,310 Millions of U.S. Dollars 25,579,297 Millions of U.S. Dollars 24,659,852 Millions of U.S. Dollars Mil. of U.S. $
line 32
Equals: Net saving 		Q1 2026 138,365 Millions of U.S. Dollars 305,508 Millions of U.S. Dollars 54,603 Millions of U.S. Dollars Mil. of U.S. $
Addendum:
line 33
Gross value added (line 1) 		Q1 2026 31,539,380 Millions of U.S. Dollars 31,199,940 Millions of U.S. Dollars 29,895,652 Millions of U.S. Dollars Mil. of U.S. $
line 34
Plus statistical discrepancy (NIPA) 		. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 35
Equals: GDP (NIPA, expenditure approach) 		Q1 2026 31,819,464 Millions of U.S. Dollars 31,422,524 Millions of U.S. Dollars 30,042,111 Millions of U.S. Dollars Mil. of U.S. $
line 36
Average of GDP and GDI 		Q1 2026 31,679,422 Millions of U.S. Dollars 31,311,233 Millions of U.S. Dollars 29,968,882 Millions of U.S. Dollars Mil. of U.S. $
line 37
Statistical discrepancy as a percentage of GDP 		Q1 2026 0.88023 Percent 0.70836 Percent 0.48753 Percent %
   

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