Quarterly Tables

S11.2.i.q Nonfinancial noncorporate business

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/
To easily map the Board series IDs to FRED series IDs, see the DDP-FRED Crosswalk available at: https://www.federalreserve.gov/data/data-download-fred-information.htm

   

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    Q4 1945    
 
 
    Q2 2026
Line Name Period Value Preceding
Period 		Year Ago
from Period 		Units
Current account
line 1
Gross value added 		Q2 2026 5,370,479 Millions of U.S. Dollars 5,316,735 Millions of U.S. Dollars 5,186,525 Millions of U.S. Dollars Mil. of U.S. $
line 2
Less: Consumption of fixed capital 		Q2 2026 545,020 Millions of U.S. Dollars 537,177 Millions of U.S. Dollars 512,890 Millions of U.S. Dollars Mil. of U.S. $
line 3
Equals: Net value added 		Q2 2026 4,825,459 Millions of U.S. Dollars 4,779,558 Millions of U.S. Dollars 4,673,635 Millions of U.S. Dollars Mil. of U.S. $
line 4
Compensation of employees (paid) 		Q2 2026 1,671,557 Millions of U.S. Dollars 1,668,699 Millions of U.S. Dollars 1,649,993 Millions of U.S. Dollars Mil. of U.S. $
line 5
Taxes on production and imports less subsidies 		Q2 2026 424,418 Millions of U.S. Dollars 417,519 Millions of U.S. Dollars 387,296 Millions of U.S. Dollars Mil. of U.S. $
line 6
Operating surplus, net 		Q2 2026 2,729,484 Millions of U.S. Dollars 2,693,340 Millions of U.S. Dollars 2,636,346 Millions of U.S. Dollars Mil. of U.S. $
line 7
Net national income/Balance of primary incomes, net 		Q2 2026 31,672 Millions of U.S. Dollars 32,858 Millions of U.S. Dollars 31,892 Millions of U.S. Dollars Mil. of U.S. $
line 8
Operating surplus, net 		Q2 2026 2,729,484 Millions of U.S. Dollars 2,693,340 Millions of U.S. Dollars 2,636,346 Millions of U.S. Dollars Mil. of U.S. $
line 9
Property income received, net 		Q2 2026 -2,697,812 Millions of U.S. Dollars -2,660,482 Millions of U.S. Dollars -2,604,454 Millions of U.S. Dollars Mil. of U.S. $
line 10
Net national income/Balance of primary incomes, net 		Q2 2026 31,672 Millions of U.S. Dollars 32,858 Millions of U.S. Dollars 31,892 Millions of U.S. Dollars Mil. of U.S. $
line 11
Less: Other current transfers (paid) 		Q2 2026 31,672 Millions of U.S. Dollars 32,858 Millions of U.S. Dollars 31,892 Millions of U.S. Dollars Mil. of U.S. $
line 12
Equals: Disposable income, net 		Q2 2026 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 13
Equals: Net saving 		Q2 2026 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
Capital account
line 14
Net saving less capital transfers 		Q2 2026 0 Millions of U.S. Dollars 99,000 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 15
Net saving 		Q2 2026 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 16
Less: Capital transfers paid (net) 		Q2 2026 0 Millions of U.S. Dollars -99,000 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 17
Capital formation, net 		Q2 2026 97,636 Millions of U.S. Dollars 100,638 Millions of U.S. Dollars 115,493 Millions of U.S. Dollars Mil. of U.S. $
line 18
Gross fixed capital formation 		Q2 2026 651,818 Millions of U.S. Dollars 639,551 Millions of U.S. Dollars 629,572 Millions of U.S. Dollars Mil. of U.S. $
line 19
Nonresidential 		Q2 2026 466,269 Millions of U.S. Dollars 454,475 Millions of U.S. Dollars 432,470 Millions of U.S. Dollars Mil. of U.S. $
line 20
Residential 		Q2 2026 185,549 Millions of U.S. Dollars 185,076 Millions of U.S. Dollars 197,102 Millions of U.S. Dollars Mil. of U.S. $
line 21
Less: Consumption of fixed capital 		Q2 2026 545,020 Millions of U.S. Dollars 537,177 Millions of U.S. Dollars 512,890 Millions of U.S. Dollars Mil. of U.S. $
line 22
Change in private inventories 		Q2 2026 -9,162 Millions of U.S. Dollars -1,736 Millions of U.S. Dollars -1,189 Millions of U.S. Dollars Mil. of U.S. $
line 23
Net lending (+) or borrowing (-), capital account (lines 14-17) 		Q2 2026 -97,636 Millions of U.S. Dollars -1,638 Millions of U.S. Dollars -115,493 Millions of U.S. Dollars Mil. of U.S. $
Financial account
line 24
Net lending (+) or borrowing (-) (line 23) 		Q2 2026 -97,636 Millions of U.S. Dollars -1,638 Millions of U.S. Dollars -115,493 Millions of U.S. Dollars Mil. of U.S. $
line 25
Net acquisition of financial assets 		Q2 2026 553,420 Millions of U.S. Dollars 1,168,180 Millions of U.S. Dollars 691,844 Millions of U.S. Dollars Mil. of U.S. $
line 26
Currency and deposits 		Q2 2026 126,268 Millions of U.S. Dollars 220,036 Millions of U.S. Dollars 140,828 Millions of U.S. Dollars Mil. of U.S. $
line 27
Currency and transferable deposits 		Q2 2026 31,060 Millions of U.S. Dollars 53,688 Millions of U.S. Dollars 30,572 Millions of U.S. Dollars Mil. of U.S. $
line 28
Time and savings deposits 		Q2 2026 95,208 Millions of U.S. Dollars 166,348 Millions of U.S. Dollars 110,256 Millions of U.S. Dollars Mil. of U.S. $
line 29
Debt securities 		Q2 2026 6,948 Millions of U.S. Dollars 12,036 Millions of U.S. Dollars 5,904 Millions of U.S. Dollars Mil. of U.S. $
line 30
Treasury securities 		Q2 2026 6,976 Millions of U.S. Dollars 11,436 Millions of U.S. Dollars 5,480 Millions of U.S. Dollars Mil. of U.S. $
line 31
Municipal securities 		Q2 2026 -28 Millions of U.S. Dollars 600 Millions of U.S. Dollars 424 Millions of U.S. Dollars Mil. of U.S. $
line 32
Loans 		Q2 2026 3,856 Millions of U.S. Dollars 6,748 Millions of U.S. Dollars 4,472 Millions of U.S. Dollars Mil. of U.S. $
line 33
Short term (consumer credit) 		Q2 2026 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 34
Long term (mortgages) 		Q2 2026 3,856 Millions of U.S. Dollars 6,748 Millions of U.S. Dollars 4,472 Millions of U.S. Dollars Mil. of U.S. $
line 35
Equity and investment fund shares 		Q2 2026 12,044 Millions of U.S. Dollars 15,100 Millions of U.S. Dollars 11,536 Millions of U.S. Dollars Mil. of U.S. $
line 36
Money market fund shares 		Q2 2026 9,032 Millions of U.S. Dollars 15,780 Millions of U.S. Dollars 10,460 Millions of U.S. Dollars Mil. of U.S. $
line 37
Equity in government-sponsored enterprises 		Q2 2026 3,012 Millions of U.S. Dollars -680 Millions of U.S. Dollars 1,076 Millions of U.S. Dollars Mil. of U.S. $
line 38
Insurance, pension and standardized guarantee schemes 		Q2 2026 14,760 Millions of U.S. Dollars 104 Millions of U.S. Dollars -360 Millions of U.S. Dollars Mil. of U.S. $
line 39
Other accounts receivable 		Q2 2026 389,544 Millions of U.S. Dollars 914,156 Millions of U.S. Dollars 529,464 Millions of U.S. Dollars Mil. of U.S. $
line 40
Trade receivables 		Q2 2026 82,848 Millions of U.S. Dollars 144,752 Millions of U.S. Dollars 95,944 Millions of U.S. Dollars Mil. of U.S. $
line 41
Other (miscellaneous assets) 		Q2 2026 366,248 Millions of U.S. Dollars 670,404 Millions of U.S. Dollars 433,520 Millions of U.S. Dollars Mil. of U.S. $
line 42
Net incurrence of liabilities 		Q2 2026 639,822 Millions of U.S. Dollars 1,041,049 Millions of U.S. Dollars 732,160 Millions of U.S. Dollars Mil. of U.S. $
line 43
Loans 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 44
Short term 		Q2 2026 74,285 Millions of U.S. Dollars 206,082 Millions of U.S. Dollars 110,234 Millions of U.S. Dollars Mil. of U.S. $
line 45
Depository institution loans n.e.c. 		Q2 2026 47,555 Millions of U.S. Dollars 179,193 Millions of U.S. Dollars 57,940 Millions of U.S. Dollars Mil. of U.S. $
line 46
Other loans and advances 		Q2 2026 6,807 Millions of U.S. Dollars 7,045 Millions of U.S. Dollars 10,970 Millions of U.S. Dollars Mil. of U.S. $
line 47
Long term (mortgages) 		Q2 2026 159,756 Millions of U.S. Dollars 164,084 Millions of U.S. Dollars 166,184 Millions of U.S. Dollars Mil. of U.S. $
line 48
Equity and investment fund shares 		Q2 2026 3,283 Millions of U.S. Dollars 116,753 Millions of U.S. Dollars 63,927 Millions of U.S. Dollars Mil. of U.S. $
line 49
Equity in noncorporate business 		Q2 2026 3,371 Millions of U.S. Dollars 115,937 Millions of U.S. Dollars 63,727 Millions of U.S. Dollars Mil. of U.S. $
line 50
Foreign direct investment in the United States 		Q2 2026 326 Millions of U.S. Dollars 728 Millions of U.S. Dollars -288 Millions of U.S. Dollars Mil. of U.S. $
line 51
Other accounts payable 		Q2 2026 405,781 Millions of U.S. Dollars 670,883 Millions of U.S. Dollars 455,742 Millions of U.S. Dollars Mil. of U.S. $
line 52
Trade payables 		Q2 2026 41,215 Millions of U.S. Dollars 34,727 Millions of U.S. Dollars 34,518 Millions of U.S. Dollars Mil. of U.S. $
line 53
Taxes payable 		Q2 2026 11,576 Millions of U.S. Dollars 20,228 Millions of U.S. Dollars 13,408 Millions of U.S. Dollars Mil. of U.S. $
line 54
Other (miscellaneous liabilities) 		Q2 2026 352,576 Millions of U.S. Dollars 616,016 Millions of U.S. Dollars 408,304 Millions of U.S. Dollars Mil. of U.S. $
Addendum:
line 55
Net lending (+) or borrowing (-), financial account (lines 25-42) 		Q2 2026 -89,685 Millions of U.S. Dollars 10,378 Millions of U.S. Dollars -104,243 Millions of U.S. Dollars Mil. of U.S. $
Other changes in volume account
line 56
Total other volume changes 		Q2 2026 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 57
Disaster losses 		Q2 2026 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 58
Other volume changes 		Q2 2026 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
Revaluation account
line 59
Nonfinancial assets 		Q2 2026 126,035 Millions of U.S. Dollars 265,139 Millions of U.S. Dollars 2,592 Millions of U.S. Dollars Mil. of U.S. $
line 60
Real estate 		Q2 2026 144,777 Millions of U.S. Dollars 184,312 Millions of U.S. Dollars 6,922 Millions of U.S. Dollars Mil. of U.S. $
line 61
Residential 		Q2 2026 141,238 Millions of U.S. Dollars 25,915 Millions of U.S. Dollars 57,700 Millions of U.S. Dollars Mil. of U.S. $
line 62
Nonresidential 		Q2 2026 3,539 Millions of U.S. Dollars 158,397 Millions of U.S. Dollars -50,778 Millions of U.S. Dollars Mil. of U.S. $
line 63
Equipment 		Q2 2026 6,200 Millions of U.S. Dollars 36,758 Millions of U.S. Dollars 814 Millions of U.S. Dollars Mil. of U.S. $
line 64
Residential 		Q2 2026 -738 Millions of U.S. Dollars -662 Millions of U.S. Dollars 2,762 Millions of U.S. Dollars Mil. of U.S. $
line 65
Nonresidential 		Q2 2026 6,938 Millions of U.S. Dollars 37,420 Millions of U.S. Dollars -1,948 Millions of U.S. Dollars Mil. of U.S. $
line 66
Intellectual property products 		Q2 2026 -677 Millions of U.S. Dollars -970 Millions of U.S. Dollars -4,247 Millions of U.S. Dollars Mil. of U.S. $
line 67
Inventories 		Q2 2026 -24,266 Millions of U.S. Dollars 45,039 Millions of U.S. Dollars -897 Millions of U.S. Dollars Mil. of U.S. $
line 68
Liabilities (direct investment in the U.S.) 		Q2 2026 6,278 Millions of U.S. Dollars -955 Millions of U.S. Dollars 4,353 Millions of U.S. Dollars Mil. of U.S. $
line 69
Changes in net worth due to nominal holding gains/losses 		. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
Changes in balance sheet account
line 70
Change in net worth ((lines 17+23)/4 + lines 56+69) 		. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
Balance sheet account (end of period)
line 71
Total assets 		Q2 2026 30,719,669 Millions of U.S. Dollars 30,402,534 Millions of U.S. Dollars 29,186,700 Millions of U.S. Dollars Mil. of U.S. $
line 72
Nonfinancial assets 		Q2 2026 19,757,520 Millions of U.S. Dollars 19,578,450 Millions of U.S. Dollars 19,031,347 Millions of U.S. Dollars Mil. of U.S. $
line 73
Real estate 		Q2 2026 17,650,086 Millions of U.S. Dollars 17,466,856 Millions of U.S. Dollars 17,024,873 Millions of U.S. Dollars Mil. of U.S. $
line 74
Residential 		Q2 2026 10,603,430 Millions of U.S. Dollars 10,437,937 Millions of U.S. Dollars 10,436,375 Millions of U.S. Dollars Mil. of U.S. $
line 75
Nonresidential 		Q2 2026 7,046,656 Millions of U.S. Dollars 7,028,919 Millions of U.S. Dollars 6,588,498 Millions of U.S. Dollars Mil. of U.S. $
line 76
Equipment 		Q2 2026 1,184,887 Millions of U.S. Dollars 1,173,493 Millions of U.S. Dollars 1,156,383 Millions of U.S. Dollars Mil. of U.S. $
line 77
Residential 		Q2 2026 95,623 Millions of U.S. Dollars 95,392 Millions of U.S. Dollars 92,739 Millions of U.S. Dollars Mil. of U.S. $
line 78
Nonresidential 		Q2 2026 1,089,264 Millions of U.S. Dollars 1,078,101 Millions of U.S. Dollars 1,063,644 Millions of U.S. Dollars Mil. of U.S. $
line 79
Intellectual property products 		Q2 2026 530,604 Millions of U.S. Dollars 519,602 Millions of U.S. Dollars 492,039 Millions of U.S. Dollars Mil. of U.S. $
line 80
Inventories 		Q2 2026 391,943 Millions of U.S. Dollars 418,499 Millions of U.S. Dollars 358,052 Millions of U.S. Dollars Mil. of U.S. $
line 81
Financial assets 		Q2 2026 10,962,149 Millions of U.S. Dollars 10,824,084 Millions of U.S. Dollars 10,155,353 Millions of U.S. Dollars Mil. of U.S. $
line 82
Currency and deposits 		Q2 2026 2,268,059 Millions of U.S. Dollars 2,236,492 Millions of U.S. Dollars 2,104,661 Millions of U.S. Dollars Mil. of U.S. $
line 83
Currency and transferable deposits 		Q2 2026 571,043 Millions of U.S. Dollars 563,278 Millions of U.S. Dollars 533,012 Millions of U.S. Dollars Mil. of U.S. $
line 84
Time and savings deposits 		Q2 2026 1,697,016 Millions of U.S. Dollars 1,673,214 Millions of U.S. Dollars 1,571,649 Millions of U.S. Dollars Mil. of U.S. $
line 85
Debt securities 		Q2 2026 99,144 Millions of U.S. Dollars 97,697 Millions of U.S. Dollars 91,766 Millions of U.S. Dollars Mil. of U.S. $
line 86
Treasury securities 		Q2 2026 94,783 Millions of U.S. Dollars 93,397 Millions of U.S. Dollars 87,727 Millions of U.S. Dollars Mil. of U.S. $
line 87
Municipal securities 		Q2 2026 4,361 Millions of U.S. Dollars 4,300 Millions of U.S. Dollars 4,039 Millions of U.S. Dollars Mil. of U.S. $
line 88
Loans 		Q2 2026 68,820 Millions of U.S. Dollars 67,856 Millions of U.S. Dollars 63,737 Millions of U.S. Dollars Mil. of U.S. $
line 89
Short term (consumer credit) 		Q2 2026 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars 0 Millions of U.S. Dollars Mil. of U.S. $
line 90
Long term (mortgages) 		Q2 2026 68,820 Millions of U.S. Dollars 67,856 Millions of U.S. Dollars 63,737 Millions of U.S. Dollars Mil. of U.S. $
line 91
Equity and investment fund shares 		Q2 2026 181,316 Millions of U.S. Dollars 178,305 Millions of U.S. Dollars 168,160 Millions of U.S. Dollars Mil. of U.S. $
line 92
Money market fund shares 		Q2 2026 160,978 Millions of U.S. Dollars 158,720 Millions of U.S. Dollars 149,085 Millions of U.S. Dollars Mil. of U.S. $
line 93
Equity in government-sponsored enterprises 		Q2 2026 20,338 Millions of U.S. Dollars 19,585 Millions of U.S. Dollars 19,075 Millions of U.S. Dollars Mil. of U.S. $
line 94
Insurance, pension and standardized guarantee schemes 		Q2 2026 193,908 Millions of U.S. Dollars 190,218 Millions of U.S. Dollars 192,214 Millions of U.S. Dollars Mil. of U.S. $
line 95
Other accounts receivable 		Q2 2026 8,150,902 Millions of U.S. Dollars 8,053,516 Millions of U.S. Dollars 7,534,815 Millions of U.S. Dollars Mil. of U.S. $
line 96
Trade receivables 		Q2 2026 1,476,698 Millions of U.S. Dollars 1,455,986 Millions of U.S. Dollars 1,367,607 Millions of U.S. Dollars Mil. of U.S. $
line 97
Other (miscellaneous assets) 		Q2 2026 6,664,342 Millions of U.S. Dollars 6,572,780 Millions of U.S. Dollars 6,167,208 Millions of U.S. Dollars Mil. of U.S. $
line 98
Total liabilities and net worth 		Q2 2026 30,719,669 Millions of U.S. Dollars 30,402,534 Millions of U.S. Dollars 29,186,700 Millions of U.S. Dollars Mil. of U.S. $
line 99
Liabilities 		Q2 2026 14,029,249 Millions of U.S. Dollars 13,868,658 Millions of U.S. Dollars 13,174,850 Millions of U.S. Dollars Mil. of U.S. $
line 100
Loans 		. . Millions of U.S. Dollars . Millions of U.S. Dollars . Millions of U.S. Dollars Mil. of U.S. $
line 101
Short term 		Q2 2026 2,445,815 Millions of U.S. Dollars 2,425,409 Millions of U.S. Dollars 2,307,208 Millions of U.S. Dollars Mil. of U.S. $
line 102
Depository institution loans n.e.c. 		Q2 2026 1,670,289 Millions of U.S. Dollars 1,654,177 Millions of U.S. Dollars 1,603,380 Millions of U.S. Dollars Mil. of U.S. $
line 103
Other loans and advances 		Q2 2026 544,785 Millions of U.S. Dollars 545,125 Millions of U.S. Dollars 505,526 Millions of U.S. Dollars Mil. of U.S. $
line 104
Long term (mortgages) 		Q2 2026 5,826,515 Millions of U.S. Dollars 5,786,664 Millions of U.S. Dollars 5,617,498 Millions of U.S. Dollars Mil. of U.S. $
line 105
Equity and investment fund shares (direct investment in the U.S.) 		. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 106
Other accounts payable 		Q2 2026 5,756,919 Millions of U.S. Dollars 5,656,585 Millions of U.S. Dollars 5,250,144 Millions of U.S. Dollars Mil. of U.S. $
line 107
Trade payables 		Q2 2026 883,833 Millions of U.S. Dollars 874,640 Millions of U.S. Dollars 856,461 Millions of U.S. Dollars Mil. of U.S. $
line 108
Taxes payable 		Q2 2026 266,471 Millions of U.S. Dollars 263,577 Millions of U.S. Dollars 251,226 Millions of U.S. Dollars Mil. of U.S. $
line 109
Other (miscellaneous liabilities) 		Q2 2026 4,602,402 Millions of U.S. Dollars 4,514,258 Millions of U.S. Dollars 4,138,146 Millions of U.S. Dollars Mil. of U.S. $
line 110
Net worth 		Q2 2026 16,560,224 Millions of U.S. Dollars 16,409,936 Millions of U.S. Dollars 15,890,696 Millions of U.S. Dollars Mil. of U.S. $
   

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