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, 2012
Release dates | Announcements | Coded tables | Historical data
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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 4197.0 4051.6 3703.7 3962.8 4165.6 4015.4 4025.0 4106.0 4154.4 4175.0 4227.2 1
Consolidated governments; personal current taxes 1488.7 1435.7 1141.4 1193.9 1402.2 1212.8 1240.9 1365.9 1396.2 1409.1 1437.6 2
Consolidated governments; taxes on production and imports, receivable (IMA) 1027.2 1038.6 1017.9 1054.0 1098.7 1059.0 1065.5 1087.4 1101.1 1100.0 1106.1 3
Consolidated governments; taxes on corporate income (accrual basis) 420.6 281.0 249.1 387.4 391.4 406.8 380.2 397.2 394.4 384.3 389.8 4
Federal government; taxes from the rest of the world 14.7 18.8 14.7 13.3 15.7 13.0 13.9 14.3 15.3 17.0 16.3 5
Consolidated governments; contributions for government social insurance received 964.2 992.1 969.0 991.7 930.9 996.3 999.0 915.9 921.9 936.8 949.1 6
Consolidated governments; property income (received) 144.2 137.5 141.4 144.0 145.0 145.8 145.4 145.2 144.0 145.1 145.8 7
Consolidated governments; other current transfers received 149.2 163.9 185.2 194.1 197.0 197.6 196.6 195.7 196.1 197.1 199.2 8
Consolidated governments; operating surplus, net -11.8 -16.0 -14.9 -15.7 -15.3 -16.0 -16.5 -15.6 -14.6 -14.5 -16.8 9
Consolidated governments; current expenditures 4430.0 4737.3 4999.7 5261.8 5409.4 5278.4 5347.8 5364.3 5470.0 5418.9 5384.5 10
Consolidated governments; consumption expenditures 2217.8 2381.0 2412.2 2497.5 2547.8 2505.6 2509.7 2530.7 2560.4 2561.0 2539.1 11
Consolidated governments; social contributions paid 1701.2 1857.9 2116.0 2259.5 2312.8 2268.5 2318.3 2305.0 2324.7 2314.2 2307.2 12
Consolidated governments; other current transfers paid 42.2 45.3 53.3 57.3 57.6 56.9 58.1 56.8 64.9 55.8 53.0 13
Consolidated governments; interest paid 414.3 400.2 358.6 390.2 428.4 390.5 402.6 411.7 457.4 423.7 420.9 14
Consolidated governments; subsidies paid 54.6 52.9 59.7 57.3 62.8 57.0 59.1 60.0 62.7 64.2 64.4 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 -233.0 -685.7 -1296.0 -1299.0 -1243.8 -1262.9 -1322.8 -1258.3 -1315.6 -1243.9 -1157.3 17
Consolidated governments; consumption of fixed capital, equipment, software, and structures, current cost basis 291.3 311.2 323.7 334.0 352.2 335.5 339.1 343.8 349.4 355.2 360.5 18
Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability 0.1 -0.6 0.5 -1.7 -0.4 -2.1 -0.4 -2.1 -0.1 0.5 -0.0 19
Households and nonprofit organizations; adjustment to contributions for government social insurance paid for U.S. affiliated areas 4.7 4.8 4.9 4.9 4.5 4.9 4.9 4.4 4.4 4.5 4.6 20
Consolidated governments; net capital transfers paid excluding payments under the financial stabilization program -2.6 3.0 14.9 29.8 37.8 28.1 34.9 40.4 41.4 43.0 26.4 21
Consolidated governments; gross saving less net capital transfers paid 56.1 -381.7 -992.5 -997.8 -933.4 -958.3 -1023.0 -957.2 -1012.0 -936.6 -827.8 22
Consolidated governments; gross investment 53.3 -447.3 -920.1 -919.8 -927.2 -609.6 -856.7 -1050.2 -44.8 -1658.5 -955.2 23
Consolidated governments; gross fixed investment 456.5 497.2 505.4 505.3 482.4 513.1 510.5 483.6 478.2 486.3 481.4 24
Consolidated governments; acquisition of nonproduced nonfinancial assets (net) 12.5 -5.1 7.3 14.8 15.5 16.4 14.9 15.5 15.3 15.0 16.0 25
Consolidated governments; net lending (+) or borrowing (-) (financial account) -415.7 -939.4 -1432.8 -1439.9 -1425.0 -1139.1 -1382.1 -1549.3 -538.3 -2159.9 -1452.6 26
Consolidated governments; total financial assets 92.8 520.4 217.3 347.7 -185.6 438.9 496.4 -701.4 -17.5 -206.7 183.1 27
Federal government; U.S. official reserve assets -0.4 4.2 51.9 1.6 21.9 4.1 -1.0 16.3 24.8 16.0 30.5 28
Consolidated governments; checkable deposits and currency; asset 20.4 321.6 -155.0 155.5 -242.1 81.9 178.2 -831.9 13.0 -315.6 166.1 29
Consolidated governments; total time and savings deposits; asset 37.6 17.9 11.2 -0.4 17.5 6.6 4.4 3.7 20.9 13.6 31.6 30
State and local governments, excluding employee retirement funds; money market mutual fund shares; asset 6.6 -1.8 4.1 5.4 -2.4 4.8 6.7 -2.4 -2.4 -4.6 -0.1 31
State and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset 13.0 -3.5 8.0 10.6 -4.6 9.4 13.1 -4.7 -4.7 -9.0 -0.2 32
Consolidated governments; credit market instruments; asset 65.5 3.9 239.8 115.5 -28.7 227.5 141.0 125.2 -103.3 -40.5 -96.2 33
State and local governments, excluding employee retirement funds; commercial paper; asset -3.0 -64.6 -54.5 7.0 20.8 32.2 37.0 41.3 13.8 8.2 19.8 34
Consolidated governments; agency- and GSE-backed securities; asset 37.0 44.5 124.9 -37.2 -156.4 -36.8 -43.3 -76.5 -172.5 -177.9 -198.5 35
State and local governments, excluding employee retirement funds; municipal securities and loans; asset 0.5 -0.1 0.3 0.4 -0.2 0.3 0.5 -0.2 -0.2 -0.3 -0.0 36
Consolidated governments; corporate and foreign bonds; asset 11.7 -3.1 7.8 9.8 -4.3 8.9 12.3 -4.2 -4.2 -8.4 -0.3 37
Consolidated governments; total mortgages; asset 15.4 9.5 21.1 2.4 0.4 -8.4 -2.8 5.1 1.2 -9.7 5.0 38
Federal government; consumer credit, student loans; asset 6.7 12.6 75.0 130.4 108.7 228.1 141.4 151.5 71.1 141.4 70.7 39
Consolidated governments; other loans and advances; asset -2.9 5.2 65.2 2.7 2.2 3.2 -4.2 8.2 -12.5 6.2 7.1 40
Consolidated governments; corporate equities; asset 0.7 275.3 16.5 -4.9 36.1 -21.1 -32.1 5.4 56.9 72.1 9.8 41
State and local governments, excluding employee retirement funds; mutual fund shares; asset -0.1 13.1 -7.7 -8.5 -1.2 -11.3 -10.8 -7.9 -0.4 17.3 -13.7 42
Consolidated governments; trade receivables; asset 14.5 0.6 -12.9 10.1 -2.9 11.2 28.4 -11.2 4.4 -11.5 6.7 43
Consolidated governments; taxes receivable; asset -32.7 -59.8 38.2 69.3 74.9 73.9 94.4 87.4 41.4 129.3 41.5 44
Consolidated governments; total miscellaneous assets -32.4 -51.2 23.1 -6.5 -54.0 51.8 74.1 -81.2 -68.0 -73.8 7.0 45
Consolidated governments; total liabilities 508.5 1459.7 1650.1 1787.6 1239.4 1578.0 1878.5 848.0 520.8 1953.2 1635.7 46
Federal government; special drawing rights (SDRs) allocations; liability 0.0 0.0 47.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 47
Monetary authority; SDR certificates issued by federal government; asset 0.0 0.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 48
Federal government; Treasury currency; liability -0.7 -0.8 -0.4 -0.3 0.0 -1.1 0.0 0.0 0.0 0.0 0.0 49
Consolidated governments; credit market instruments; liability 365.0 1308.3 1535.7 1635.9 1067.4 1452.9 1606.9 702.4 796.2 1430.6 1340.3 50
Federal government; U.S. savings bonds; liability -6.0 -2.4 -2.8 -3.3 -2.7 -2.6 -3.5 -4.6 -3.9 -2.8 0.3 51
Federal government; Treasury securities, excluding U.S. savings bonds and Treasury securities held by state and local governments; liability 225.2 1291.4 1427.7 1573.2 1128.5 1393.6 1465.1 806.1 907.2 1431.6 1369.2 52
Federal government; budget agency securities; liability -0.4 0.2 0.1 0.7 1.1 0.5 0.8 1.2 0.2 1.9 1.1 53
State and local governments, excluding employee retirement funds; municipal securities and loans; liability 146.2 19.2 110.7 65.3 -59.5 61.5 144.6 -100.3 -107.3 -0.0 -30.3 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 66.4 61.8 -18.4 60.6 67.8 52.0 92.0 88.0 29.4 58.3 95.6 56
Federal government; life insurance reserves; liability 1.2 1.0 1.1 0.9 1.3 0.7 2.5 0.3 1.7 1.2 1.9 57
Federal government; total miscellaneous liabilities, including nonmarketable government securities held by federal government retirement funds 76.6 89.5 81.4 90.6 102.9 73.5 177.1 57.2 -306.5 463.0 197.9 58
Consolidated governments; sector discrepancy 2.7 65.6 -72.4 -78.1 -6.2 -348.6 -166.4 93.0 -967.1 721.9 127.4 59
Consolidated governments; net government saving less fixed investment -689.5 -1182.9 -1801.4 -1804.3 -1726.2 -1776.0 -1833.3 -1741.9 -1793.8 -1730.2 -1638.7 60
Consolidated governments; adjustment between NIPA and FOF 273.8 243.5 368.6 364.4 301.1 636.9 451.2 192.6 1255.5 -429.6 186.1 61
Consolidated governments; items to be financed -415.7 -939.4 -1432.8 -1439.9 -1425.0 -1139.1 -1382.1 -1549.3 -538.3 -2159.9 -1452.6 62


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