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: March 8, 2007
Release dates | Coded tables | Historical data
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F.106.c Consolidated Statement for Federal, State, and Local Governments1
Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description
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Consolidated federal, state and local governments current reciepts (NIPA) 2958.7 3035.6 3244.5 3586.3 3976.0 3518.4 3712.5 3895.1 3961.6 3990.3 4057.2 1
Consolidated federal, state and local governments personal current taxes 1051.8 1001.1 1049.8 1203.1 1360.9 1215.0 1247.6 1332.6 1361.0 1362.5 1387.4 2
Consolidated federal, state and local governments national income, taxes on production and imports (NIPA) 762.8 807.2 864.0 922.4 964.8 930.2 937.3 952.5 966.4 968.6 971.7 3
Consolidated federal, state and local governments profit tax accruals 182.6 233.1 287.6 384.4 466.9 364.2 408.4 440.7 458.2 472.7 496.1 4
Federal government taxes from the rest of the world (NIPA) 7.3 8.9 9.7 10.8 11.2 11.4 11.4 10.4 10.9 11.3 12.2 5
Consolidated federal, state and local governments contributions for govt. social insurance 750.0 778.6 826.4 880.6 944.5 888.5 898.9 936.7 938.8 945.2 957.2 6
Consolidated federal, state and local governments income reciepts on assets 98.4 95.8 95.4 98.3 102.5 98.4 98.5 100.0 101.6 103.3 105.2 7
Consolidated federal, state and local governments current transfer receipts 104.9 109.2 116.6 102.1 135.1 38.4 123.6 131.4 134.1 136.9 138.1 8
Consolidated federal, state and local governments national income, current surplus of government enterprises (NIPA) 0.9 1.7 -5.0 -15.4 -9.9 -27.7 -13.3 -9.2 -9.4 -10.2 -10.9 9
Consolidated federal, state and local governments current expenditures (NIPA) 3240.8 3428.1 3639.4 3898.8 4129.7 3933.8 3993.3 4029.3 4098.6 4173.5 4217.4 10
Consolidated federal, state and local governments consumption expenditures (NIPA) 1616.9 1736.5 1854.8 1975.7 2096.0 2002.1 2014.5 2059.7 2083.0 2109.1 2132.0 11
Consolidated federal, state and local governments current expenditure on government social benefits 1251.6 1319.5 1401.4 1484.0 1570.2 1492.3 1504.0 1539.2 1558.0 1586.2 1597.3 12
Consolidated federal, state and local governments other current transfer payments 18.8 23.6 25.9 33.9 23.0 31.6 38.9 22.0 23.2 24.0 22.9 13
Consolidated federal, state and local governments interest payments 315.1 300.6 312.7 348.0 388.0 349.6 372.9 353.3 382.0 402.4 414.2 14
Consolidated federal, state and local governments national income, subsidies (a subtracted item; NIPA) 38.4 47.9 44.7 57.3 52.5 58.1 63.1 55.1 52.3 51.8 51.0 15
Consolidated federal, state and local governments wage acruals less disbursements 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 16
Consolidated federal, state and local governments net government saving (NIPA) -282.1 -392.5 -394.9 -312.5 -153.7 -415.4 -280.8 -134.3 -136.9 -183.3 -160.2 17
Consolidated federal, state and local governments consumption of fixed capital (NIPA) 211.6 218.2 230.8 252.2 265.7 265.7 255.0 259.1 262.9 267.6 273.0 18
Federal government insurance and pension reserves -1.7 -0.6 0.0 0.7 0.3 -3.7 1.9 4.0 -1.7 -2.7 1.5 19
Consolidated federal, state and local governments net capital transfers received (NIPA)s 29.0 11.2 13.5 11.9 13.7 14.0 15.3 12.4 14.4 14.3 13.7 20
Consolidated federal, state and local governments gross saving -39.8 -162.5 -150.7 -49.0 125.5 -132.0 -12.5 133.3 142.1 101.4 125.0 21
Consolidated federal, state and local governments gross investment -5.4 -180.4 -109.8 -18.4 111.6 -41.4 -59.7 -201.9 478.2 107.1 63.0 22
Consolidated federal, state and local governments fixed gross investment, total (NIPA) 344.3 356.0 371.4 397.1 431.2 400.3 409.1 419.9 430.9 433.0 441.1 23
Consolidated federal, state and local governments nonproduced nonfinancial assets 10.9 10.7 11.1 10.9 -1.1 9.3 11.8 12.2 9.8 13.1 -39.7 24
Consolidated federal, state and local governments net financial investment -360.5 -547.0 -492.3 -426.4 -318.5 -451.0 -480.6 -634.0 37.4 -339.0 -338.4 25
Consolidated federal, state and local governments total financial assets 74.7 103.2 68.5 93.2 97.0 58.2 146.9 45.9 139.3 92.5 110.0 26
Federal government gold, SDRs, and official foreign exchange asset 3.4 -1.8 -3.1 -14.4 0.3 -19.4 -19.5 -2.3 1.9 -4.4 6.0 27
Consolidated federal, state and local governments checkable deposits and currency asset -12.0 12.7 -35.7 20.6 0.0 -33.8 58.2 -68.2 80.7 12.9 -25.4 28
Consolidated federal, state and local governments total time and savings deposits asset 25.9 -17.2 6.9 28.5 25.4 30.4 27.5 11.9 10.5 48.3 31.0 29
State and local governments, excluding employee retirement funds money market fund shares asset 1.6 4.0 3.4 2.6 3.4 3.9 3.0 2.3 3.0 5.8 2.6 30
State and local governments, excluding employee retirement funds federal funds transactions and loans made under security repurchase agreements asset -16.3 7.9 6.7 5.1 7.0 7.7 5.9 4.5 5.9 11.3 6.0 31
Consolidated federal, state and local governments credit market instruments, excluding corporate equities asset 69.0 45.8 44.4 28.5 38.7 40.7 36.6 19.6 42.6 49.1 43.4 32
State and local governments, excluding employee retirement funds commercial paper asset 14.3 10.3 8.8 6.7 9.1 10.1 7.7 5.9 7.8 14.9 7.8 33
Consolidated federal, state and local governments U.S. government agency securities asset 41.7 22.5 19.1 14.6 14.2 22.0 16.8 0.9 16.9 22.3 16.9 34
State and local governments, excluding employee retirement funds municipal securities and loans asset 0.1 0.3 0.2 0.2 0.3 0.3 0.2 0.2 0.2 0.4 0.3 35
State and local governments, excluding employee retirement funds corporate and foreign bonds asset 9.1 7.1 6.0 4.6 5.3 7.0 5.3 0.1 5.3 10.2 5.5 36
Consolidated federal, state and local governments total mortgages asset -4.8 6.0 8.8 7.9 9.6 12.1 10.4 6.6 13.3 9.8 8.6 37
Federal government consumer credit (student loans) asset 12.7 1.3 4.3 3.8 1.0 0.3 2.1 10.7 3.3 -10.2 0.3 38
Federal government other loans and advances excluding loans for state and local governments asset -4.2 -1.7 -2.8 -9.3 -0.8 -11.0 -5.9 -4.8 -4.1 1.7 4.0 39
State and local governments, excluding employee retirement funds corporate equities asset 10.3 -17.0 -4.8 -0.7 -8.2 -7.3 -2.8 -15.8 12.7 -6.9 -22.6 40
State and local governments, excluding employee retirement funds mutual fund share holdings asset 2.1 -5.2 -1.5 -0.2 -2.5 -2.2 -0.9 -4.8 3.9 -2.1 -7.1 41
Consolidated federal, state and local governments trade recievables -0.7 27.2 17.4 14.4 7.4 26.7 13.9 -10.9 12.4 18.4 9.8 42
Consolidated federal, state and local governments taxes receivable by governments asset 19.9 41.6 43.0 54.6 55.9 4.1 61.7 119.3 12.1 17.5 74.9 43
Consolidated federal, state and local governments total miscellaneous financial claims asset -28.5 5.2 -8.3 -45.8 -30.5 7.4 -36.8 -9.6 -46.5 -57.3 -8.6 44
Consolidated federal, state and local governments total financial liabilities 435.2 650.2 560.7 519.6 415.4 509.2 627.5 679.9 101.9 431.5 448.5 45
Monetary authority SDR certificates issued by federal government asset 0.0 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 1.0 0.6 0.7 0.8 0.6 0.9 0.3 0.6 0.8 1.0 -0.0 47
Consolidated federal, state and local governments credit  market instruments liability 374.8 506.5 453.8 409.0 306.3 403.0 507.8 593.4 -15.7 320.3 327.1 48
Federal government U.S. savings bonds liability 4.5 8.9 0.6 0.7 -2.7 -1.1 3.8 3.8 -2.7 -4.8 -7.2 49
Federal government total treasury securities, excluding U.S. savings bonds excluding holdings by state and local governments liability 226.3 380.0 338.8 237.8 158.4 188.2 328.2 529.8 -138.6 170.2 72.3 50
Federal government budget agency securities liability 0.5 -2.4 -0.6 -0.4 -0.3 -0.4 0.8 -1.0 0.2 -1.0 0.5 51
State and local governments, excluding employee retirement funds municipal securities and loans (total) liability 143.4 120.0 115.1 170.9 150.9 216.2 175.1 60.8 125.4 156.0 261.5 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 29.2 101.8 45.9 46.0 45.0 50.3 37.8 44.5 59.3 41.7 34.4 54
Federal government life insurance reserves liability 1.6 1.1 1.1 1.1 1.5 0.3 2.6 0.3 2.2 0.5 2.9 55
Federal government total miscellaneous liabilities (including nonmarketable government securities held by pension funds) 28.7 40.3 59.2 62.8 62.1 54.7 79.0 41.1 55.3 68.0 84.0 56
Consolidated federal, state and local governments sector discrepancy -34.4 17.9 -40.9 -30.6 13.9 -90.6 47.2 335.2 -336.0 -5.7 62.1 57
Consolidated federal, state and local governments net government saving less fixed investment -626.4 -748.4 -766.3 -709.5 -584.9 -815.6 -689.9 -554.1 -567.8 -616.3 -601.3 58
Consolidated federal, state and local governments adjustment between NIPA and FOF 275.5 211.6 273.4 282.3 265.4 364.2 208.6 -81.6 604.3 276.9 262.0 59
Consolidated federal, state and local governments items to be financed -350.8 -536.8 -492.8 -427.2 -319.5 -451.4 -481.3 -635.7 36.4 -339.3 -339.3 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