Federal Reserve Economic Data

Net lending or net borrowing (-), NIPAs: Government: State and local (AD03RC1Q027SBEA)

Q3 2025: -357.520
Updated: Jan 22, 2026 7:47 AM CST
Q3 2025:  -357.520  
Q2 2025:  -305.809  
Q1 2025:  -285.442  
Q4 2024:  -192.269  
Q3 2024:  -283.606  
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Units:

Billions of Dollars,
Seasonally Adjusted Annual Rate

Frequency:

Quarterly

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Notes

Source: U.S. Bureau of Economic Analysis  

Release: Gross Domestic Product  

Units:  Billions of Dollars, Seasonally Adjusted Annual Rate

Frequency:  Quarterly

Notes:

BEA Account Code: AD03RC

For more information about this series, please see http://www.bea.gov/national/.

Suggested Citation:

U.S. Bureau of Economic Analysis, Net lending or net borrowing (-), NIPAs: Government: State and local [AD03RC1Q027SBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/AD03RC1Q027SBEA, .


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