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Statistical Supplement | December 2008

Statistical Supplement to the Federal Reserve Bulletin, December 2008

1.58  Summary of Financial Transactions1
Billions of dollars except as noted; quarterly data at seasonally adjusted annual rates
Transaction category or sector 2002 2003 2004 2005 2006 2006 2007 2008
Q3 Q4 Q1 Q2 Q3 Q4 Q1
Net Lending in Credit Markets2  
1 Total net lending in credit markets 2,362.2 2,770.9 3,057.2 3,413.9 3,874.5 3,483.9 3,810.8 3,707.8 3,726.4 5,093.3 3,693.5 3,115.1
 
2 Domestic nonfinancial sectors 152.0 157.8 291.6 284.5 293.8 286.6 332.8 90.5 189.6 645.1 515.4 -1,014.9
3 Household 35.9 103.4 173.9 109.3 203.7 277.2 181.0 -185.6 78.6 867.6 631.3 -921.9
4 Nonfinancial corporate business 25.8 -3.2 31.1 42.3 -10.9 -70.5 7.5 98.7 -62.4 -195.6 -86.2 -92.7
5 Nonfarm noncorporate business -.8 1.5 11.5 11.4 12.3 12.6 12.5 12.1 14.0 17.3 16.4 11.8
6 State and local governments 86.2 58.3 72.4 124.1 84.6 81.3 122.9 145.0 144.9 -40.1 -57.0 -31.9
7 Federal government 4.9 -2.1 2.7 -2.7 4.0 -14.0 8.9 20.3 14.6 -4.2 11.0 19.8
8 Rest of the world 467.2 582.8 854.4 749.0 855.0 724.1 952.2 1,017.9 866.5 587.2 835.2 996.0
9 Financial sectors 1,743.1 2,030.2 1,911.1 2,380.4 2,725.7 2,473.2 2,525.8 2,599.4 2,670.3 3,861.0 2,342.8 3,133.9
10 Monetary authority 77.7 37.2 51.2 26.4 34.7 21.4 21.4 13.0 44.7 -33.7 -177.2 -430.9
11 Commercial banking 404.4 332.9 608.0 658.4 761.7 154.5 1,274.7 204.1 678.4 963.4 1,157.4 592.5
12 U.S.-chartered commercial banks 393.8 352.2 571.1 507.9 656.3 57.3 1,165.9 39.3 489.7 704.5 882.2 427.3
13 Foreign banking offices in United States 6.2 -38.5 23.0 144.5 103.7 94.0 100.3 188.2 194.9 238.1 185.7 160.9
14 Bank holding companies 3.1 8.6 .0 -4.2 3.3 6.6 8.0 -16.8 -5.3 21.4 93.0 4.0
15 Banks in U.S.-affiliated areas 1.3 10.6 13.9 10.2 -1.7 -3.3 .5 -6.5 -.9 -.7 -3.5 .3
16 Savings institutions 33.4 127.3 103.5 199.3 -98.1 258.1 -859.7 189.1 67.4 136.8 -130.6 8.3
17 Credit unions 44.2 51.2 39.8 36.2 30.1 7.9 27.7 39.8 24.6 40.9 35.7 45.0
18 Property-casualty insurance companies 39.9 67.0 73.6 66.9 47.7 31.8 50.6 32.8 34.7 34.0 4.4 48.3
19 Life insurance companies 233.0 180.6 173.0 110.3 75.6 48.6 7.7 94.3 99.5 99.3 45.5 90.8
20 Private pension funds -8.6 69.2 -.3 44.5 14.0 38.9 41.6 30.7 39.6 50.1 14.0 31.6
21 State and local government retirement funds -50.7 18.8 17.8 18.1 76.3 14.4 43.7 -8.4 18.6 61.3 49.1 42.9
22 Federal government retirement funds 12.7 6.0 4.7 7.7 8.4 7.6 2.5 14.9 3.4 17.5 11.1 40.1
23 Money market mutual funds -17.7 -95.9 -124.9 -5.5 220.0 362.1 216.5 431.1 290.4 444.2 396.9 1,293.4
24 Mutual funds 138.7 138.0 116.6 124.1 184.9 130.8 232.6 285.2 365.6 184.4 249.3 252.8
25 Closed-end funds 8.6 35.5 11.0 1.5 6.7 -4.9 5.5 -.9 13.9 -18.0 5.9 -6.0
26 Exchange-traded funds 3.7 .7 3.8 6.8 5.7 2.8 7.9 6.8 15.6 9.6 18.9 17.5
27 Government-sponsored enterprises 224.1 241.0 48.9 -69.1 46.6 -30.4 51.7 -86.9 81.0 673.3 288.6 298.0
28 Agency- and GSE-backed mortgage pools 326.8 330.6 47.9 167.3 295.4 284.4 278.9 482.5 534.9 622.2 866.3 534.1
29 Asset-backed securities issuers (ABSs) 219.0 233.2 416.2 673.6 725.8 721.3 728.6 585.2 484.0 167.1 -242.1 -292.3
30 Finance companies 103.7 122.9 214.9 117.2 89.7 158.1 -5.8 56.5 -34.7 110.5 -92.9 88.6
31 Real estate investment trusts (REITs) 23.8 25.7 87.9 66.9 57.5 44.5 87.1 -36.2 -48.8 -135.8 8.6 -39.4
32 Brokers and dealers 28.4 79.6 -29.2 82.3 106.2 162.5 218.5 279.7 -199.0 436.3 362.0 174.2
33 Funding corporations -102.1 28.6 47.0 47.5 36.9 58.6 94.1 -13.9 156.4 -2.5 -528.3 344.7
 
Relation of Liabilities to Financial Assets  
34 Net flows through credit markets 2,362.2 2,770.9 3,057.2 3,413.9 3,874.5 3,483.9 3,810.8 3,707.8 3,726.4 5,093.3 3,693.5 3,115.1
 
  Other financial sources  
35 Official foreign exchange 3.2 -.9 -3.2 -9.6 -2.6 -4.2 -5.9 .1 -.3 .1 -.1 .2
36 Special drawing rights certificates .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0
37 Treasury currency 1.0 .6 .7 .8 .6 1.0 .0 .4 1.3 1.4 -.4 -.9
38 Foreign deposits 21.0 36.0 89.9 67.8 98.8 -38.7 -64.4 284.6 395.3 185.7 41.3 50.0
39 Net interbank transactions 17.4 -14.5 19.4 -12.4 -11.2 43.9 116.5 -487.0 22.2 205.5 100.8 -231.3
40 Checkable deposits and currency -8.3 85.0 84.8 3.5 -18.7 -73.0 -75.2 91.9 -99.2 124.0 .9 74.8
41 Small time and savings deposits 325.4 307.4 281.6 314.4 347.0 336.8 578.7 386.4 205.8 329.4 223.8 461.9
42 Large time deposits 50.0 55.8 252.9 284.4 261.2 344.7 -3.6 276.7 107.4 529.0 365.3 320.6
43 Money market fund shares -16.7 -207.5 -136.5 127.0 305.3 418.0 378.8 441.4 442.5 1,260.4 819.9 1,549.3
44 Security repurchase agreements 106.6 218.7 88.1 350.8 496.0 602.2 619.1 707.9 116.6 222.3 -670.4 96.3
45 Corporate equities 46.4 138.9 67.7 -149.3 -417.2 -512.6 -349.1 -315.0 -604.5 -453.5 -840.3 -75.3
46 Mutual fund shares 181.1 288.6 298.2 260.2 336.8 237.8 365.6 508.6 523.9 246.4 183.0 206.5
47 Trade payables 86.7 22.4 194.4 336.6 217.4 123.3 211.0 295.5 334.0 283.6 221.5 275.4
48 Security credit -87.0 120.0 179.4 .2 211.5 173.0 274.2 105.5 365.7 -19.1 653.9 313.3
49 Life insurance reserves 60.1 66.8 33.1 16.1 65.6 76.3 75.4 28.4 36.4 28.9 43.1 23.4
50 Pension fund reserves 262.9 258.5 288.4 238.3 198.2 161.8 216.9 136.4 149.2 164.4 227.7 149.5
51 Taxes payable 22.2 -1.1 28.5 28.1 19.9 21.3 28.4 33.1 11.9 26.1 25.4 25.4
52 Noncorporate proprietors' equity -84.1 45.0 -18.0 -137.8 -54.0 -26.6 -62.6 15.0 -48.4 -122.0 -107.5 -18.3
53 Miscellaneous 505.3 456.9 1,616.0 1,389.1 1,724.0 2,007.7 1,538.5 1,208.9 3,550.3 2,225.8 1,049.5 1,424.4
 
54 Total financial sources 3,855.6 4,647.3 6,422.6 6,522.1 7,653.1 7,376.6 7,653.2 7,426.7 9,236.7 10,331.7 6,030.6 7,760.4
 
  Liabilities not identified as assets (-)  
55 Treasury currency -.6 -.3 -.3 .7 -1.1 .6 -.5 -.3 .7 .9 -.6 -.9
56 Foreign deposits 21.5 52.8 61.9 40.6 114.3 37.0 -138.0 297.0 377.1 49.0 -59.5 -11.1
57 Net interbank liabilities 7.2 -4.3 14.9 -3.7 -1.9 48.1 -71.8 50.5 -54.5 -12.6 23.7 -15.8
58 Security repurchase agreements 36.0 -33.9 -139.9 134.2 297.9 144.6 601.8 -73.6 -33.9 103.8 -814.6 -18.9
59 Taxes payable 19.7 -42.6 -20.2 -18.1 1.9 24.1 23.7 -29.2 -23.0 -24.3 -5.5 -69.3
60 Miscellaneous -23.0 -26.2 198.8 177.8 -201.2 -123.7 -44.5 -958.6 647.3 -172.5 934.5 79.2
 
  Floats not included in assets (-)  
61 Federal government checkable deposits -1.6 -8.9 27.9 -6.6 -3.0 16.4 -19.1 -5.9 -.5 13.5 -2.4 -5.7
62 Other checkable deposits -.7 .0 -.8 -.9 -.5 -.9 -.8 -.8 -1.3 -.8 -1.2 -1.0
63 Trade credit 164.9 20.6 9.4 -31.7 96.6 76.9 140.0 276.7 -54.1 -8.5 8.4 25.9
 
64 Total identified to sectors as assets 3,632.1 4,690.1 6,270.9 6,229.9 7,350.0 7,153.6 7,162.5 7,870.9 8,378.8 10,383.2 5,947.9 7,777.9

1. Data in this table also appear in the Board's Z.1 quarterly statistical release, tables F.1 and F.5.   Return to table

2. Excludes corporate equities and mutual fund shares.   Return to table

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Last update: January 9, 2009