Skip to main content

Quarterly Tables:
S.8.q State and Local Governments

   
    Q4 1945    
 
 
    Q1 2019
Millions of Dollars
Line Name Q1 2019 Q4 2018 Q1 2018
Current account
1
Gross value added
1,792,641 1,781,007 1,739,916
2
Less: Consumption of fixed capital
285,047 283,205 272,453
3
Equals: Net value added
1,507,594 1,497,802 1,467,463
4
Compensation of employees (paid)
1,512,104 1,501,980 1,470,733
5
Operating surplus, net
-4,510 -4,178 -3,270
6
Net national income/Balance of primary incomes, net
1,112,610 1,094,590 1,048,249
7
Operating surplus, net
-4,510 -4,178 -3,270
8
Taxes on production and imports, receivable
1,303,920 1,288,314 1,248,428
9
Subsidies (paid)
-582 -578 -566
10
Property income received, net
-186,218 -188,968 -196,343
11
Net national income/Balance of primary incomes, net
1,112,610 1,094,590 1,048,249
12
Plus: Current taxes on income, wealth, etc. (received)
509,248 482,259 495,710
13
Plus: Social benefits (received)
22,273 22,111 21,324
14
Less: Social contributions (paid)
754,875 743,746 726,460
15
Plus: Other current transfers (received)
721,416 716,479 715,177
16
Less: Other current transfers (paid)
0 0 0
17
Equals: Disposable income, net
1,610,672 1,571,693 1,554,000
18
Less: Final consumption expenditures
1,831,908 1,834,766 1,784,363
19
Equals: Net saving
-221,236 -263,073 -230,363
Capital account
20
Net saving less capital transfers
-147,016 -191,798 -160,732
21
Net saving
-221,236 -263,073 -230,363
22
Less: Capital transfers paid (net)
-74,220 -71,275 -69,631
23
Capital formation, net
143,749 124,487 119,194
24
Gross fixed capital formation (acquisition of produced nonfinancial assets)
413,521 392,756 377,636
25
Less: Consumption of fixed capital
285,047 283,205 272,453
26
Acquisition of nonproduced nonfinancial assets
15,275 14,936 14,011
27
Net lending (+) or borrowing (-), capital account (lines 20-23)
-290,765 -316,285 -279,926
Financial account
28
Net lending (+) or borrowing (-) (line 27)
-290,765 -316,285 -279,926
29
Net acquisition of financial assets
-145,624 -456,981 -182,781
30
Currency and deposits
20,038 22,269 -6,353
31
Currency and transferable deposits
-4,987 10,754 344
32
Time and savings deposits
25,025 11,515 -6,697
33
Debt securities
-109,090 -348,592 -99,316
34
Open market paper
-13,956 -16,632 -7,512
35
Treasury securities
-57,502 -173,788 -40,336
36
Agency- and GSE-backed securities
-26,228 -110,228 -29,804
37
Municipal securities
-848 -3,576 -1,616
38
Corporate and foreign bonds
-10,556 -44,368 -20,048
39
Loans
-31,256 -89,848 -40,492
40
Short term
-18,344 -35,064 -15,844
41
Long term (mortgages)
-12,912 -54,784 -24,648
42
Equity and investment fund shares
-7,456 -34,644 -21,184
43
Money market fund shares
1,068 1,176 -5,000
44
Corporate equities
-5,628 -23,644 -10,684
45
Mutual fund shares
-2,896 -12,176 -5,500
46
Other accounts receivable
-17,860 -6,165 -15,435
47
Trade receivables
-3,484 10,012 -4,140
48
Taxes receivable
3,224 15,751 3,133
49
Other (miscellaneous assets)
-17,600 -31,928 -14,428
50
Net incurrence of liabilities
89,820 -124,702 35,111
51
Debt securities (municipals)
-24,508 -67,596 -91,805
52
Short term
7,382 -1,195 7,551
53
Other
-31,890 -66,401 -99,356
54
Loans (short term)
1,096 1,428 856
55
Insurance, pension and standardized guarantee schemes (claim of pension funds on sponsor)
65,160 -105,998 80,576
56
Other accounts payable (trade payables)
48,072 47,464 45,484
Addendum:
57
Net lending (+) or borrowing (-), financial account (lines 29-50)
-235,443 -332,279 -217,892
Other changes in volume account
58
Total other volume changes
-10,185 -2,730 -9,148
59
Disaster losses
0 0 0
60
Other volume changes
-1,766 -19,078 -2,866
61
Less: Statistical discrepancy ((lines 27-57)/4)
8,419 -16,348 6,282
Revaluation account
62
Nonfinancial assets
44,234 125,613 117,722
63
Structures
43,011 124,447 117,134
64
Equipment
397 687 -34
65
Intellectual property products
826 480 623
66
Financial assets (equity and investment fund shares)
41,767 -54,327 -3,508
67
Liabilities (claim of pension funds on sponsor)
-358,726 337,474 67,875
68
Changes in net worth due to nominal holding gains/losses
444,727 -266,188 46,339
Changes in balance sheet account
69
Change in net worth ((lines 23+27)/4 + lines 58+68)
398,377 -324,788 -2,557
Balance sheet account (end of period)
70
Total assets
14,714,043 14,633,585 14,207,072
71
Nonfinancial assets
11,649,497 11,573,156 11,081,294
72
Structures
11,248,473 11,175,849 10,694,518
73
Equipment
258,311 256,810 251,655
74
Intellectual property products
142,713 140,497 135,121
75
Financial assets
3,064,546 3,060,429 3,125,778
76
Currency and deposits
510,968 510,123 500,859
77
Currency and transferable deposits
108,254 108,933 113,144
78
Time and savings deposits
402,714 401,190 387,715
79
Debt securities
1,311,539 1,336,843 1,385,369
80
Open market paper
61,363 64,852 67,388
81
Treasury securities
647,811 660,218 682,093
82
Agency- and GSE-backed securities
418,270 424,827 441,633
83
Municipal securities
13,727 13,939 14,484
84
Corporate and foreign bonds
170,368 173,007 179,771
85
Loans
343,312 351,170 364,901
86
Short term
132,144 136,730 142,076
87
Long term (mortgages)
211,168 214,440 222,825
88
Equity and investment fund shares
393,392 353,489 382,639
89
Money market fund shares
20,045 19,778 20,618
90
Corporate equities
281,105 248,938 269,117
91
Mutual fund shares
92,242 84,773 92,904
92
Other accounts receivable
505,335 508,804 492,010
93
Trade receivables
228,271 229,142 211,392
94
Taxes receivable
159,463 157,661 151,250
95
Other (miscellaneous assets)
117,601 122,001 129,368
96
Total liabilities and net worth
14,714,043 14,633,585 14,207,072
97
Liabilities
8,271,263 8,589,182 8,212,758
Debt securities (municipals)
3,035,250 3,039,107 3,073,047
Short term
38,970 38,068 36,135
Other
2,996,280 3,001,039 3,036,912
101
Loans (short term)
19,599 19,325 18,458
102
Insurance, pension and standardized guarantee schemes (claim of pension funds on sponsor)
4,205,857 4,532,211 4,158,038
103
Other accounts payable (trade payables)
1,010,557 998,539 963,215
104
Net worth
6,442,780 6,044,403 5,994,314
   

Subscribe to the FRED newsletter


Follow us

Back to Top
Click to send us feedback