Statistical Supplement | March 2004 Statistical Supplement to the Federal Reserve Bulletin, March 2004 |
Billions of dollars; quarterly data at seasonally adjusted annual rates | |||||||||||||
Transaction category or sector | 1998 |
1999 |
2000 |
2001 |
2002 |
2002 | 2003 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Q2 | Q3 | Q4 | Q1 | Q2r | Q3r | Q4 | |||||||
Nonfinancial sectors | |||||||||||||
1 | Total net borrowing by domestic nonfinancial sectors | 1,051.8r | 1,026.6 | 852.2 | 1,135.9 | 1,373.3 | 1,468.1r | 1,285.6r | 1,660.9r | 1,343.3r | 2,375.8 | 1,515.6 | 1,450.7 |
By sector and instrument | |||||||||||||
2 | Federal government | -52.6 | -71.2 | -295.9 | -5.6 | 257.5 | 421.4 | 261.5 | 244.4 | 164.2 | 749.0 | 317.5 | 353.4 |
3 | Treasury securities | -54.6 | -71.0 | -294.9 | -5.0 | 257.0 | 419.6 | 259.9 | 244.0 | 165.8 | 748.5 | 317.5 | 362.0 |
4 | Budget agency securities and mortgages | 2.0 | -.2 | -1.0 | -.5 | .5 | 1.8 | 1.6 | .4 | -1.6 | .5 | .1 | -8.6 |
5 | Nonfederal | 1,104.4r | 1,097.8 | 1,148.1 | 1,141.5 | 1,115.8 | 1,046.7r | 1,024.2r | 1,416.5r | 1,179.0r | 1,626.7 | 1,198.1 | 1,097.3 |
By instrument | |||||||||||||
6 | Commercial paper | 24.4 | 37.4 | 48.1 | -88.3 | -64.2 | -81.7 | -17.4 | -13.2 | -9.3r | -81.4 | 4.8 | -74.3 |
7 | Municipal securities and loans | 84.2 | 54.4 | 23.6 | 122.9 | 159.4 | 175.1r | 160.0r | 215.4r | 103.5r | 193.7 | 112.1 | 135.8 |
8 | Corporate bonds | 235.2 | 221.7 | 162.6 | 348.5 | 132.3 | 185.1 | -20.3 | 99.8 | 186.8r | 297.0 | 96.1 | 69.2 |
9 | Bank loans n.e.c. | 109.8 | 82.9 | 101.8 | -82.0 | -87.1 | -175.6 | -106.2 | -28.4 | -83.1 | -43.3 | -105.2 | -87.2 |
10 | Other loans and advances | 68.5 | 26.1 | 84.5 | 5.6 | 18.6 | 39.8 | 38.7 | 35.4 | -24.1 | 17.7 | -26.4 | 25.2 |
11 | Mortgages | 485.5 | 563.3 | 562.4 | 697.1 | 875.5 | 799.9 | 889.5 | 1,081.3 | 923.2r | 1,124.0 | 995.0 | 950.7 |
12 | Home | 384.6 | 424.4 | 418.2 | 533.2 | 724.0 | 633.9 | 750.3 | 880.3 | 792.0r | 929.0 | 802.2 | 756.7 |
13 | Multifamily residential | 23.1 | 35.2 | 30.1 | 44.4 | 41.1 | 40.4 | 31.0 | 65.5 | 33.3r | 52.8 | 49.3 | 44.8 |
14 | Commercial | 71.3 | 98.0 | 107.5 | 112.1 | 101.9 | 116.5 | 95.2 | 130.8 | 89.2 | 133.6 | 138.1 | 142.2 |
15 | Farm | 6.5 | 5.8 | 6.5 | 7.5 | 8.4 | 9.1 | 13.0 | 4.7 | 8.7 | 8.5 | 5.4 | 7.1 |
16 | Consumer credit | 96.8r | 112.1 | 165.2 | 137.7 | 81.4 | 104.1 | 79.9 | 26.2 | 82.0r | 119.2 | 121.6 | 77.9 |
By borrowing sector | |||||||||||||
17 | Household | 454.3r | 492.8r | 566.9r | 645.4r | 775.7 | 688.4r | 757.4r | 914.5r | 845.3r | 1,024.4 | 885.1 | 758.9 |
18 | Nonfinancial business | 582.5r | 566.4r | 565.7r | 390.3r | 196.2 | 194.2r | 121.2r | 310.7r | 251.9r | 422.4 | 221.4 | 216.8 |
19 | Corporate | 392.4r | 371.6r | 362.0r | 223.6r | 39.3 | 27.8r | -30.9r | 129.9r | 145.1r | 279.2 | 62.3 | 80.6 |
20 | Nonfarm noncorporate | 182.0r | 189.4r | 192.9r | 159.2r | 149.0 | 157.3r | 137.6r | 178.6r | 99.4r | 142.7 | 153.0 | 128.5 |
21 | Farm | 8.0 | 5.5 | 10.9 | 7.5 | 7.9 | 9.2 | 14.4 | 2.2 | 7.4 | .6 | 6.1 | 7.8 |
22 | State and local government | 67.7 | 38.5 | 15.5 | 105.8 | 143.9 | 164.1r | 145.5r | 191.4r | 81.9r | 179.9 | 91.6 | 121.6 |
23 | Foreign net borrowing in United States | 31.2 | 13.0 | 57.0 | -49.7 | 5.9 | 3.1 | -45.9 | 1.0r | 19.3r | -63.9 | -61.0 | 49.7 |
24 | Commercial paper | 7.8 | 16.3 | 31.7 | -14.2 | 36.1 | 36.5 | 3.9 | 37.3 | 52.0r | 72.9 | -56.0 | 20.2 |
25 | Bonds | 22.8 | 1.9 | 15.2 | -24.5 | -33.5 | -54.0 | -35.3 | -30.1 | -28.9 | -102.2 | -4.9 | 35.6 |
26 | Bank loans n.e.c. | 6.6 | .5 | 11.4 | -7.3 | 5.3 | 22.0 | -11.7 | -2.9 | -4.0 | -31.4 | 5.3 | -.7 |
27 | Other loans and advances | -6.0 | -5.7 | -1.3 | -3.8 | -2.1 | -1.3 | -2.9 | -3.3r | .2 | -3.1 | -5.4 | -5.3 |
28 | Total domestic plus foreign | 1,083.0r | 1,039.6 | 909.2 | 1,086.2 | 1,379.2 | 1,471.2r | 1,239.7r | 1,661.9r | 1,362.6r | 2,311.9 | 1,454.6 | 1,500.4 |
Financial sectors | |||||||||||||
29 | Total net borrowing by financial sectors | 1,094.4r | 1,068.5 | 815.3 | 935.4 | 911.2 | 862.4 | 823.2 | 1,040.4 | 1,142.7r | 858.1 | 1,122.6 | 1,055.4 |
By instrument | |||||||||||||
30 | Federal government-related | 470.9 | 592.0 | 433.5 | 629.3 | 554.0 | 484.0 | 425.6 | 603.3 | 478.9r | 445.9 | 770.9 | 596.2 |
31 | Government-sponsored enterprise securities | 278.3 | 318.2 | 234.1 | 290.8 | 225.9 | 141.7 | 249.1 | 321.5 | 195.4r | 199.9 | 437.5 | 138.3 |
32 | Mortgage pool securities | 192.6 | 273.8 | 199.4 | 338.5 | 328.1 | 342.3 | 176.5 | 281.8 | 283.5 | 246.0 | 333.4 | 457.9 |
33 | Loans from U.S. government | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 |
34 | Private | 623.5r | 476.5 | 381.8 | 306.1 | 357.2 | 378.4 | 397.6 | 437.1 | 663.9r | 412.2 | 351.8 | 459.1 |
35 | Open market paper | 161.0 | 176.2 | 131.7 | -45.3 | -63.5 | -85.0 | 32.7 | -83.9 | 1.3 | -67.5 | -30.4 | -158.6 |
36 | Corporate bonds | 319.0r | 202.4 | 201.8 | 302.1 | 397.0 | 400.9 | 226.5 | 638.0 | 592.9r | 462.6 | 389.9 | 608.5 |
37 | Bank loans n.e.c. | 28.5 | -14.4 | -.4 | 13.1 | 1.1 | 26.2 | 76.2 | -103.7 | -35.3 | 15.4 | 13.4 | -21.3 |
38 | Other loans and advances | 90.2 | 107.1 | 42.5 | 34.9 | 16.6 | 29.3 | 57.0 | -18.1 | 108.4 | -1.7 | -28.9 | 21.0 |
39 | Mortgages | 24.8 | 5.1 | 6.2 | 1.3 | 5.9 | 7.0 | 5.3 | 4.7 | -3.5 | 3.3 | 7.8 | 9.6 |
By borrowing sector | |||||||||||||
40 | Commercial banking | 72.9 | 67.2 | 60.0 | 52.9 | 49.9 | 22.1 | 68.7 | 82.3 | 78.6 | 30.5 | 1.8 | 86.6 |
41 | Savings institutions | 52.2 | 48.0 | 27.3 | 7.4 | -13.7 | -8.0 | 15.8 | -29.6 | 48.8 | -25.6 | -28.4 | 2.9 |
42 | Credit unions | .6 | 2.2 | .0 | 1.5 | 2.0 | 2.0 | 3.1 | .4 | 2.8 | 1.6 | 3.3 | 1.0 |
43 | Life insurance companies | .7 | .7 | -.7 | .6 | 2.0 | 1.2 | 2.0 | 2.5 | 4.4 | 1.5 | 3.1 | 2.5 |
44 | Government-sponsored enterprises | 278.3 | 318.2 | 234.1 | 290.8 | 225.9 | 141.7 | 249.1 | 321.5 | 195.4r | 199.9 | 437.5 | 138.3 |
45 | Federally related mortgage pools | 192.6 | 273.8 | 199.4 | 338.5 | 328.1 | 342.3 | 176.5 | 281.8 | 283.5 | 246.0 | 333.4 | 457.9 |
46 | Issuers of asset-backed securities (ABSs) | 330.2r | 207.2 | 195.3 | 293.5 | 256.4 | 219.3 | 204.7 | 353.3 | 334.9 | 306.9 | 237.7 | 243.0 |
47 | Finance companies | 57.1 | 70.7 | 82.0 | 1.5 | 43.1 | 86.7 | 80.4 | 29.6 | 37.4r | 192.6 | 107.5 | 100.8 |
48 | Mortgage companies | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 |
49 | Real estate investment trusts (REITs) | 62.7 | 6.3 | 2.7 | 2.5 | 19.8 | 25.3 | 27.7 | 18.6 | 17.5 | 12.9 | 36.4 | 26.9 |
50 | Brokers and dealers | 7.2 | -17.2 | 15.6 | 1.4 | -1.7 | 17.5 | 15.2 | -24.0 | 38.4 | -16.2 | 9.9 | -6.6 |
51 | Funding corporations | 40.0 | 91.5 | -.4 | -55.2 | -.6 | 12.4 | -20.0 | 4.0 | 101.0 | -92.0 | -19.5 | 2.1 |
1. Data in this table also appear in the Board's Z.1 (780) quarterly statistical release, tables F.2 through F4. Return to table |
Statistical Supplement | March 2004 | Tips for printing wide tables | Symbols and Abbreviations