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: December 8, 2011
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L.106.c Consolidated Statement for Federal, State, and Local Governments
Billions of dollars; amounts outstanding end of period, not seasonally adjusted

Description
2007
2008
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2010
Q1
2010
Q2
2010
Q3
2010
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2011
Q1
2011
Q2
2011
Q3

Line
Consolidated governments; total financial assets 2666.5 3203.7 3346.6 3683.9 3456.8 3475.8 3585.9 3683.9 3547.2 3544.5 3449.2 1
Federal government; U.S. official reserve assets 36.4 41.9 94.6 95.4 92.2 89.8 96.3 95.4 102.1 105.9 105.0 2
Consolidated governments; checkable deposits and currency; asset 113.6 433.6 278.5 433.6 300.4 373.4 391.5 433.6 207.5 230.8 152.4 3
Consolidated governments; total time and savings deposits; asset 248.8 266.6 277.8 277.4 284.0 266.9 270.4 277.4 280.4 276.0 280.7 4
State and local governments, excluding employee retirement funds; money market mutual fund shares; asset 79.3 77.5 81.6 86.9 85.0 84.1 85.3 86.9 88.2 87.6 86.5 5
State and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset 156.1 152.6 160.6 171.2 167.3 165.5 167.9 171.2 173.6 172.4 170.2 6
Consolidated governments; credit market instruments; asset 1216.5 1220.4 1460.3 1542.7 1502.3 1479.0 1521.6 1542.7 1575.3 1531.7 1507.2 7
State and local governments, excluding employee retirement funds; commercial paper; asset 184.3 119.8 65.3 39.1 64.0 51.7 44.8 39.1 32.3 20.8 7.9 8
Consolidated governments; agency- and GSE-backed securities; asset 444.0 488.5 613.4 576.2 617.3 596.3 587.1 576.2 567.4 524.3 479.9 9
State and local governments, excluding employee retirement funds; municipal securities and loans; asset 5.5 5.4 5.7 6.1 5.9 5.9 6.0 6.1 6.2 6.1 6.0 10
Consolidated governments; corporate and foreign bonds; asset 140.7 137.5 145.4 155.2 151.4 149.9 152.1 155.2 157.4 156.3 154.3 11
Consolidated governments; total mortgages; asset 249.7 259.1 280.2 282.7 286.0 285.5 283.4 282.7 287.8 288.1 285.7 12
Federal government; consumer credit, student loans; asset 98.4 111.0 186.0 316.4 209.8 222.6 280.3 316.4 355.2 370.1 406.1 13
Consolidated governments; other loans and advances; asset 93.9 99.1 164.3 167.0 167.8 167.3 168.1 167.0 169.1 166.0 167.3 14
Consolidated governments; corporate equities; asset 108.0 270.8 185.0 150.8 162.7 151.1 151.7 150.8 166.6 170.8 172.6 15
State and local governments, excluding employee retirement funds; mutual fund shares; asset 32.8 32.0 33.7 30.9 35.1 29.7 30.2 30.9 31.4 31.2 30.7 16
Consolidated governments; trade receivables; asset 220.5 221.1 208.3 218.4 216.5 211.7 214.8 218.4 222.9 222.5 218.7 17
Consolidated governments; taxes receivable; asset 342.5 389.3 416.1 448.9 420.9 429.9 442.4 448.9 458.2 466.8 463.0 18
Consolidated governments; total miscellaneous assets 112.1 97.8 150.2 227.7 190.5 194.5 213.8 227.7 240.9 248.6 262.2 19
Consolidated governments; total liabilities 9421.7 10881.1 12528.1 14312.4 13026.1 13380.3 13812.8 14312.4 14572.4 14573.6 15101.8 20
Federal government; special drawing rights (SDRs) allocations; liability 7.7 7.5 55.4 54.4 53.6 52.2 55.0 54.4 56.0 56.5 55.2 21
Monetary authority; SDR certificates issued by federal government; asset 2.2 2.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 5.2 22
Federal government; Treasury currency; liability 27.4 26.6 26.2 25.9 26.2 26.2 25.9 25.9 25.9 25.9 25.9 23
Consolidated governments; credit market instruments; liability 7453.2 8761.5 10297.2 11933.1 10791.9 11123.1 11523.2 11933.1 12180.2 12257.6 12654.0 24
Federal government; U.S. savings bonds; liability 196.4 194.0 191.2 187.9 190.2 189.6 188.7 187.9 186.8 186.0 185.1 25
Federal government; Treasury securities, excluding U.S. savings bonds and Treasury securities held by state and local governments; liability 4377.7 5669.1 7096.8 8670.0 7569.5 7909.4 8307.0 8670.0 8937.8 9048.8 9456.7 26
Federal government; budget agency securities; liability 23.1 23.3 23.5 24.2 23.6 23.9 24.0 24.2 24.5 24.5 25.0 27
State and local governments, excluding employee retirement funds; municipal securities and loans; liability 2855.9 2875.0 2985.7 3051.1 3008.6 3000.2 3003.5 3051.1 3031.2 2998.3 2987.2 28
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 29
Consolidated governments; trade payables; liability 791.7 853.4 835.0 896.0 857.9 876.9 886.2 896.0 921.5 937.4 954.1 30
Federal government; life insurance reserves; liability 45.4 46.4 47.5 48.4 47.4 47.6 47.8 48.4 48.5 48.9 49.2 31
Federal government; total miscellaneous liabilities, including nonmarketable government securities held by federal government retirement funds 1094.2 1183.5 1261.6 1349.4 1243.8 1249.1 1269.6 1349.4 1335.1 1242.0 1358.1 32


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