Federal Reserve Statistical Release, Z.1,
 Flow of Funds Accounts of the United States; title with eagle logo links to Statistical Release home page

Release Date: September 21, 2005
Release dates | Coded tables | Historical data
Current release | Screen reader | PDF (450 KB)

F.106.c Consolidated Statement for Federal, State, and Local Governments1
Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description
2000
2001
2002
2003
2004
2004
Q1
2004
Q2
2004
Q3
2004
Q4
2005
Q1
2005
Q2

Line
Consolidated federal, state and local governments current reciepts (NIPA) 3126.0 3113.2 2958.7 3018.1 3208.2 3122.0 3181.2 3208.0 3321.6 3497.2 3579.8 1
Consolidated federal, state and local governments personal current taxes 1235.7 1237.3 1051.8 999.9 1049.1 1009.6 1034.0 1058.4 1094.3 1171.4 1210.7 2
Consolidated federal, state and local governments national income, taxes on production and imports (NIPA) 708.9 728.6 762.8 801.4 852.8 837.1 847.8 855.5 870.9 883.8 900.3 3
Consolidated federal, state and local governments profit tax accruals 255.0 195.0 182.6 221.9 258.9 246.5 262.1 246.9 280.1 348.1 364.2 4
Federal government taxes from the rest of the world (NIPA) 7.3 7.2 7.3 8.5 9.2 9.2 8.5 7.9 11.2 9.7 8.6 5
Consolidated federal, state and local governments contributions for govt. social insurance 702.7 731.2 750.0 776.6 822.2 806.3 813.0 825.9 843.5 861.0 870.1 6
Consolidated federal, state and local governments income reciepts on assets 117.5 113.7 98.4 97.6 99.0 97.6 98.2 99.2 101.0 101.2 102.9 7
Consolidated federal, state and local governments current transfer receipts 93.7 101.8 104.9 110.9 120.1 117.5 119.9 117.2 125.7 128.2 130.1 8
Consolidated federal, state and local governments national income, current surplus of government enterprises (NIPA) 5.3 -1.4 0.9 1.3 -3.0 -1.6 -2.2 -3.0 -5.2 -6.1 -7.1 9
Consolidated federal, state and local governments current expenditures (NIPA) 2886.6 3061.6 3240.8 3424.7 3620.6 3557.8 3596.3 3638.9 3689.2 3788.1 3840.0 10
Consolidated federal, state and local governments consumption expenditures (NIPA) 1417.1 1501.6 1616.9 1736.7 1843.4 1805.8 1830.1 1859.6 1878.2 1918.6 1937.2 11
Consolidated federal, state and local governments 1044.1 1146.6 1251.6 1316.4 1397.5 1373.5 1393.8 1400.1 1422.6 1462.9 1483.4 12
Consolidated federal, state and local governments other current transfer payments 18.3 14.0 18.8 23.6 25.9 33.5 22.4 22.2 25.3 38.3 23.6 13
Consolidated federal, state and local governments interest payments 362.8 344.1 315.1 301.4 310.3 304.2 306.8 313.8 316.5 317.8 342.8 14
Consolidated federal, state and local governments national income, subsidies (a subtracted item; NIPA) 44.3 55.3 38.4 46.7 43.5 42.3 41.8 43.2 46.5 50.6 53.1 15
Consolidated federal, state and local governments wage acruals less disbursements 0.0 0.0 0.0 0.0 0.0 1.5 -1.5 -0.0 0.0 0.0 0.0 16
Consolidated federal, state and local governments net government saving (NIPA) 239.4 51.6 -282.1 -406.5 -412.3 -435.8 -415.0 -430.9 -367.7 -290.9 -260.2 17
Consolidated federal, state and local governments consumption of fixed capital (NIPA) 197.0 206.0 211.6 218.5 229.1 223.3 228.1 230.6 234.5 237.5 240.2 18
Federal government insurance and pension reserves 1.8 3.3 -1.7 -0.6 0.0 1.6 -3.8 -1.3 3.5 5.4 -1.8 19
Consolidated federal, state and local government net capital transfers received by government (NIPA)s 35.6 35.7 29.0 11.1 13.9 13.4 13.5 15.9 12.9 -1.8 12.5 20
Consolidated federal, state and local governments gross saving 470.3 290.0 -39.8 -176.3 -169.3 -200.7 -169.7 -183.1 -123.8 -60.6 -5.7 21
Consolidated federal, state and local governments gross investment 546.4 299.3 -20.0 -191.2 -135.6 -284.6 -101.3 -75.1 -81.2 -272.8 211.9 22
Consolidated federal, state and local governments fixed gross investment, total (NIPA) 304.6 324.0 344.3 355.3 372.5 360.4 375.0 372.9 381.7 383.4 401.0 23
Consolidated federal, state and local governments nonproduced nonfinancial assets 8.5 8.6 10.9 11.1 11.8 11.6 10.9 13.6 11.0 12.5 11.8 24
Consolidated federal, state and local governments net financial investment 233.4 -33.2 -375.2 -557.6 -519.8 -656.6 -487.2 -461.6 -473.9 -668.6 -201.0 25
Consolidated federal, state and local governments total financial assets 2.8 132.6 57.5 83.1 36.5 58.8 -2.3 40.6 49.1 165.3 -83.0 26
Federal government gold, SDRs, and official foreign exchange asset -0.6 4.6 3.4 -1.8 -3.1 -2.5 -4.8 -2.0 -3.2 -21.6 2.9 27
Consolidated federal, state and local governments checkable deposits and currency asset -64.9 45.1 -12.0 15.6 -33.2 -52.3 -8.7 -57.3 -14.6 106.8 -36.1 28
Consolidated federal, state and local governments total time and savings deposits asset 11.6 16.2 25.9 -16.6 7.3 6.3 1.2 24.1 -2.3 6.7 49.4 29
State and local governments, excluding employee retirement funds money market fund shares asset 2.8 3.2 1.6 3.6 3.1 3.9 0.3 3.4 4.9 3.1 -0.5 30
State and local governments, excluding employee retirement funds federal funds transactions and loans made under security repurchase agreements asset -10.2 -11.1 -16.4 7.2 6.1 7.7 0.5 6.6 9.7 6.2 -1.0 31
Consolidated federal, state and local governments credit market instruments, excluding corporate equities asset 79.0 80.8 69.3 41.5 41.6 52.3 -8.8 65.3 57.5 37.1 -5.3 32
State and local governments, excluding employee retirement funds commercial paper asset 15.4 17.4 14.4 9.4 8.0 10.1 0.7 8.7 12.7 8.1 13.6 33
Consolidated federal, state and local governments u.s. government agency securities asset 41.9 47.2 41.9 20.4 17.5 22.0 1.5 18.9 27.5 17.6 -3.0 34
State and local governments, excluding employee retirement funds municipal securities and loans asset 0.2 0.2 0.1 0.3 0.2 0.3 0.0 0.2 0.3 0.2 -0.0 35
State and local governments, excluding employee retirement funds corporate and foreign bonds asset 9.9 11.2 9.1 6.5 5.5 7.0 0.5 6.0 8.7 5.6 -0.9 36
Consolidated federal, state and local governments total mortgages asset -2.0 -2.1 -4.8 5.3 8.2 16.3 -5.4 7.9 14.0 6.9 0.1 37
Federal government consumer credit (student loans) asset 16.1 13.1 12.7 1.3 4.3 -0.9 -5.0 26.3 -3.3 9.1 -8.0 38
Federal government commercial paper asset -2.6 -6.2 -4.1 -1.6 -2.2 -2.5 -1.1 -2.7 -2.5 -10.4 -7.1 39
State and local governments, excluding employee retirement funds corporate equities asset 6.3 4.0 10.3 -17.5 -5.2 -2.1 -2.7 12.1 -27.9 14.2 -8.1 40
State and local governments, excluding employee retirement funds mutual fund share holdings asset 1.3 0.4 2.1 -5.4 -1.6 -0.7 -0.8 3.7 -8.5 4.3 -2.5 41
Consolidated federal, state and local governments trade recievables 10.4 13.2 -0.7 26.4 16.9 22.4 12.7 11.9 20.4 -2.8 9.0 42
Consolidated federal, state and local governments taxes receivable by governments asset -6.7 -7.0 2.5 40.3 11.9 36.3 10.6 0.6 0.0 91.5 4.1 43
Consolidated federal, state and local governments total miscellaneous financial claims asset -26.1 -16.8 -28.5 -10.2 -7.3 -12.6 -1.9 -27.8 13.0 -80.1 -94.8 44
Consolidated federal, state and local governments total financial liabilities -230.6 165.8 432.7 640.7 556.4 715.4 484.9 502.2 523.0 833.9 118.0 45
Monetary authority SDR certificates issued by federal government asset -4.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 46
Federal government treasury currency liability 2.4 1.3 1.0 0.6 0.7 0.8 1.2 0.7 0.1 0.8 1.1 47
Consolidated federal, state and local governments credit  market instruments liability -285.1 81.6 374.7 505.3 454.7 612.4 395.3 398.0 413.1 739.7 8.5 48
Federal government u.s. savings bonds liability -1.7 5.6 4.5 8.9 0.6 3.5 1.5 -1.1 -1.4 0.1 0.7 49
Federal government total treasury securities, excluding u.s. savings bonds liability -299.0 -29.0 226.2 381.2 339.7 451.9 346.5 254.6 306.0 538.9 -87.8 50
Federal government u.s. government agency securities liability -1.0 -0.5 0.5 -2.4 -0.6 1.1 -3.6 -0.2 0.3 -0.7 -1.4 51
State and local governments, excluding employee retirement funds municipal securities and loans (total) liability 16.5 105.5 143.4 117.5 115.0 155.9 51.0 144.7 108.2 201.4 97.0 52
Federal government multifamily residential mortgages liability 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 53
Consolidated federal, state and local governments trade payables liability 31.8 28.6 29.5 103.0 49.6 59.7 51.3 50.8 36.8 47.2 53.0 54
Federal government life insurance reserves liability 1.4 1.4 1.6 1.1 1.1 -0.0 1.9 0.2 2.3 0.0 1.7 55
Federal government total miscellaneous liabilities (including nonmarketable government securities held by pension funds) 22.9 53.0 26.0 30.7 50.3 42.6 35.3 52.5 70.7 46.2 53.7 56
Consolidated federal, state and local governments sector discrepancy -76.2 -9.3 -19.8 14.9 -33.8 83.9 -68.3 -107.9 -42.7 212.2 -217.6 57
Consolidated federal, state and local governments net government saving less fixed investment -65.1 -272.4 -626.4 -761.8 -784.9 -796.2 -790.0 -803.8 -749.4 -674.3 -661.3 58
Consolidated federal, state and local governments adjustment between NIPA and FOF 298.5 239.1 260.9 214.4 264.4 139.4 301.9 341.3 275.1 4.1 459.4 59
Consolidated federal, state and local governments items to be financed 233.4 -33.2 -365.5 -547.4 -520.4 -656.9 -488.1 -462.4 -474.3 -670.2 -201.8 60

  FOOTNOTES
  1.  This table is consistent with NIPA table 3.1 in the Survey of Current Business, Department of Commerce. Return to text


Release dates | Coded tables | Historical data
Current release | Screen reader | PDF (450 KB)

Statistical releases