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 10, 2011
Release dates | Coded tables | Historical data
Current release | Screen reader | PDF (450 KB)

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

Description
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Consolidated governments; current receipts, NIPA basis 3995.2 4197.0 4074.0 3726.9 3966.9 3702.5 3785.0 3904.0 3947.8 4020.8 3995.0 1
Consolidated governments; personal current taxes 1352.4 1488.7 1438.2 1140.0 1167.1 1117.0 1117.2 1134.7 1149.1 1178.2 1206.2 2
Consolidated governments; taxes on production and imports, receivable (IMA) 986.8 1027.2 1045.1 1024.7 1058.1 1028.2 1035.2 1045.9 1054.6 1060.8 1071.0 3
Consolidated governments; taxes on corporate income (accrual basis) 454.2 420.6 280.2 231.4 374.0 233.1 294.6 379.2 381.3 404.8 330.6 4
Federal government; taxes from the rest of the world 14.0 14.7 16.8 13.2 12.6 12.9 12.4 12.6 12.8 12.1 12.7 5
Consolidated governments; contributions for government social insurance received 926.4 964.2 992.1 975.1 1009.5 975.4 979.5 992.9 1007.1 1015.4 1022.8 6
Consolidated governments; property income (received) 129.6 144.2 146.9 162.2 163.3 162.1 166.8 159.3 162.2 165.6 166.2 7
Consolidated governments; other current transfers received 136.0 149.2 171.4 193.5 195.6 185.5 190.5 191.4 193.9 198.0 199.2 8
Consolidated governments; operating surplus, net -4.2 -11.8 -16.7 -13.2 -13.3 -11.7 -11.3 -12.1 -13.1 -14.2 -13.7 9
Consolidated governments; current expenditures 4147.9 4430.0 4737.7 4998.8 5282.9 5078.4 5081.5 5189.6 5268.6 5316.4 5356.9 10
Consolidated governments; consumption expenditures 2093.3 2217.8 2382.8 2411.5 2490.7 2425.3 2434.0 2464.7 2485.2 2502.9 2510.1 11
Consolidated governments; social contributions paid 1596.1 1701.2 1857.8 2112.3 2273.5 2139.0 2168.2 2224.6 2265.2 2295.7 2308.6 12
Consolidated governments; other current transfers paid 34.9 42.2 44.8 52.7 58.4 63.1 46.8 62.5 53.8 57.1 60.1 13
Consolidated governments; interest paid 372.2 414.3 399.4 362.0 401.2 382.0 374.1 380.3 405.9 402.1 416.4 14
Consolidated governments; subsidies paid 51.4 54.6 52.8 60.3 59.0 69.1 58.4 57.4 58.5 58.6 61.6 15
Consolidated governments; wage accruals 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 governments; net saving including net capital transfers paid -152.7 -233.0 -663.6 -1271.8 -1316.0 -1375.9 -1296.4 -1285.7 -1320.8 -1295.6 -1361.8 17
Consolidated governments; consumption of fixed capital, equipment, software, and structures, current cost basis 269.3 291.3 312.3 325.3 334.9 325.1 326.8 329.6 333.0 336.4 340.5 18
Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability 0.1 0.1 -0.6 0.5 -1.7 -1.4 2.7 -4.0 -0.8 -2.0 -0.2 19
Households and nonprofit organizations; adjustment to contributions for government social insurance paid for U.S. affiliated areas 4.6 4.7 4.9 4.8 5.2 4.7 4.8 5.1 5.2 5.2 5.2 20
Consolidated governments; net capital transfers paid excluding payments under the financial stabilization program -14.7 -2.6 3.0 14.5 29.1 16.5 25.6 17.7 36.4 26.7 35.7 21
Consolidated governments; gross saving less net capital transfers paid 126.6 56.1 -358.6 -966.4 -1013.7 -1070.6 -1002.7 -974.9 -1028.6 -989.1 -1062.1 22
Consolidated governments; gross investment 165.7 51.7 -424.7 -908.2 -873.7 -891.6 -802.2 -940.4 -1334.5 -573.6 -646.5 23
Consolidated governments; gross fixed investment 425.1 456.5 495.5 503.4 509.6 508.5 500.5 491.0 505.6 519.3 522.6 24
Consolidated governments; acquisition of nonproduced nonfinancial assets (net) -2.2 12.5 -5.3 6.3 14.6 15.1 13.1 13.7 13.4 16.3 14.8 25
Consolidated governments; net lending (+) or borrowing (-) (financial account) -257.1 -417.3 -915.0 -1417.9 -1397.9 -1415.2 -1315.8 -1445.0 -1853.5 -1109.2 -1183.9 26
Consolidated governments; total financial assets 136.0 146.5 575.1 279.9 425.3 396.8 -14.5 384.9 217.2 514.5 584.6 27
Federal government; U.S. official reserve assets -2.7 -0.4 4.2 51.9 2.0 195.3 -5.4 2.7 0.5 4.1 0.6 28
Consolidated governments; checkable deposits and currency; asset 2.7 20.4 321.6 -155.0 155.6 -229.7 -263.5 154.0 210.9 79.7 177.9 29
Consolidated governments; total time and savings deposits; asset 26.4 37.6 17.9 11.2 -0.4 20.4 -26.0 37.3 -36.8 11.3 -13.3 30
State and local governments, excluding employee retirement funds; money market mutual fund shares; asset 6.8 3.4 -1.4 4.5 5.9 7.5 4.4 7.2 -2.9 8.3 11.1 31
State and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset 13.5 6.6 -2.7 8.8 6.7 14.7 8.6 14.1 -5.7 16.4 1.9 32
Consolidated governments; credit market instruments; asset 88.5 26.0 8.9 273.5 139.5 327.2 219.3 120.2 -34.7 255.4 217.2 33
State and local governments, excluding employee retirement funds; commercial paper; asset 17.6 -11.3 -63.5 -53.5 -24.7 -20.7 -28.7 -21.5 -47.5 -18.5 -11.3 34
Consolidated governments; agency- and GSE-backed securities; asset 38.3 18.8 46.8 156.1 13.3 105.8 104.0 20.2 -36.3 26.8 42.4 35
State and local governments, excluding employee retirement funds; municipal securities and loans; asset 0.5 0.2 -0.1 0.3 0.4 0.5 0.3 0.5 -0.2 0.6 0.8 36
Consolidated governments; corporate and foreign bonds; asset 12.1 6.0 -2.4 8.5 13.4 14.0 7.8 12.8 -4.9 15.2 30.3 37
Consolidated governments; total mortgages; asset 18.2 8.5 10.3 21.9 3.6 46.8 2.9 9.8 -0.9 -0.9 6.6 38
Federal government; consumer credit, student loans; asset 1.9 6.7 12.6 75.0 131.1 86.7 119.9 84.6 57.2 228.2 154.5 39
Consolidated governments; other loans and advances; asset -0.0 -2.9 5.2 65.2 2.5 94.2 13.1 13.8 -2.0 4.1 -6.0 40
Consolidated governments; corporate equities; asset -4.4 2.7 279.2 18.2 -10.0 94.4 -222.8 -63.0 86.2 -26.5 -36.8 41
State and local governments, excluding employee retirement funds; mutual fund shares; asset -1.3 0.5 14.3 -7.2 -2.3 -18.3 -5.6 -5.1 -4.6 -10.2 10.5 42
Consolidated governments; trade receivables; asset 2.2 8.0 1.4 -12.2 11.5 -80.4 16.8 18.9 -28.5 12.9 42.8 43
Consolidated governments; taxes receivable; asset 5.1 -34.7 -64.9 4.2 35.7 3.9 19.5 9.7 46.6 40.1 46.6 44
Consolidated governments; total miscellaneous assets -0.9 76.4 -3.4 82.1 81.0 61.7 240.4 88.8 -13.8 122.9 126.0 45
Consolidated governments; total liabilities 393.1 563.8 1490.2 1697.9 1823.2 1812.0 1301.3 1830.0 2070.7 1623.7 1768.5 46
Federal government; special drawing rights (SDRs) allocations; liability 0.0 0.0 0.0 47.6 0.0 190.4 0.0 0.0 0.0 0.0 0.0 47
Monetary authority; SDR certificates issued by federal government; asset 0.0 0.0 0.0 3.0 0.0 12.0 0.0 0.0 0.0 0.0 0.0 48
Federal government; Treasury currency; liability 0.6 -0.7 -0.8 -0.4 -0.3 -1.0 -0.4 0.0 -0.0 -1.1 0.0 49
Consolidated governments; credit market instruments; liability 291.0 420.3 1338.5 1532.1 1670.0 1514.2 984.7 1742.6 1961.3 1508.0 1468.1 50
Federal government; U.S. savings bonds; liability -2.7 -6.0 -2.4 -2.8 -3.3 -3.4 -5.8 -3.8 -2.8 -2.4 -4.2 51
Federal government; Treasury securities, excluding U.S. savings bonds and Treasury securities held by state and local governments; liability 140.9 236.3 1290.0 1426.4 1568.7 1382.3 906.5 1613.1 1997.6 1381.4 1282.6 52
Federal government; budget agency securities; liability -0.3 -0.4 0.2 0.1 0.7 3.7 1.2 0.3 1.1 0.5 0.8 53
State and local governments, excluding employee retirement funds; municipal securities and loans; liability 153.1 190.4 50.7 108.3 103.9 131.6 82.9 132.9 -34.6 128.5 188.9 54
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 55
Consolidated governments; trade payables; liability 40.6 66.4 62.0 33.0 62.1 40.7 91.1 66.6 36.1 43.7 101.8 56
Federal government; life insurance reserves; liability 1.5 1.2 1.0 1.1 0.9 0.2 2.4 -0.3 0.7 0.7 2.5 57
Federal government; total miscellaneous liabilities, including nonmarketable government securities held by federal government retirement funds 59.4 76.6 89.5 81.4 90.6 55.5 223.5 21.1 72.5 72.5 196.2 58
Consolidated governments; sector discrepancy -39.2 4.3 66.1 -58.1 -139.9 -179.0 -200.5 -34.5 305.9 -415.5 -415.6 59
Consolidated governments; net government saving less fixed investment -577.8 -689.5 -1159.2 -1775.2 -1825.6 -1884.4 -1797.0 -1776.6 -1826.4 -1814.9 -1884.5 60
Consolidated governments; adjustment between NIPA and FOF 320.7 272.2 244.2 357.3 427.7 469.1 481.2 331.6 -27.1 705.7 700.6 61
Consolidated governments; items to be financed -257.1 -417.3 -915.0 -1417.9 -1397.9 -1415.2 -1315.8 -1445.0 -1853.5 -1109.2 -1183.9 62



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Current release | Screen reader | PDF (450 KB)

Statistical releases