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: June 7, 2012
Release dates | Announcements | Coded tables | Historical data
Current release | Screen reader | PDF (450 KB) | Data Download Program (DDP)

F.104 State and Local Governments
Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description
2006
2007
2008
2009
2010
2011
2011
Q1
2011
Q2
2011
Q3
2011
Q4
2012
Q1

Line
State and local governments; current receipts, NIPA basis 1829.7 1923.1 1944.8 1953.6 2064.7 2084.2 2092.5 2128.0 2062.1 2054.1 2058.7 1
State and local governments; personal current taxes 302.5 323.1 334.4 284.8 297.5 325.7 319.0 330.8 325.8 327.1 332.5 2
State and local governments; taxes on production and imports, receivable (IMA) 887.4 932.7 944.6 920.6 952.6 987.1 980.7 989.1 987.8 991.0 996.5 3
State and local governments; taxes on corporate income (accrual basis) 59.2 57.8 47.4 47.4 57.9 51.5 51.7 54.4 49.8 50.1 50.9 4
State and local governments; contributions for government social insurance received 21.8 18.9 19.0 20.2 20.8 21.6 21.3 21.6 21.7 21.8 21.9 5
State and local governments; property income (received) 103.5 114.5 106.8 93.3 90.9 89.7 90.6 89.1 89.6 89.3 89.4 6
State and local governments; other current transfer received 456.7 485.1 505.0 597.8 655.9 622.1 642.1 656.4 600.8 589.1 583.3 7
State and local governments; operating surplus, net -1.3 -9.1 -12.3 -10.5 -10.8 -13.5 -12.9 -13.3 -13.4 -14.3 -15.8 8
State and local governments; current expenditures 1778.6 1910.8 2017.0 2031.7 2090.0 2149.7 2149.7 2168.2 2145.3 2135.6 2146.4 9
State and local governments; consumption expenditures 1282.3 1368.9 1449.2 1425.5 1443.5 1475.2 1471.7 1482.9 1476.1 1470.1 1479.2 10
State and local governments; social contributions paid 402.9 433.7 456.7 498.1 534.6 558.0 563.6 570.4 551.6 546.5 545.9 11
State and local governments; interest paid (IMA) 93.0 101.1 108.1 106.7 110.4 116.0 113.7 114.5 117.1 118.6 120.8 12
State and local governments; subsidies paid 0.4 7.1 3.0 1.4 1.6 0.5 0.9 0.4 0.4 0.5 0.5 13
State and local 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 14
State and local governments; net saving including net capital transfers paid 51.0 12.2 -72.2 -78.1 -25.3 -65.5 -57.2 -40.2 -83.2 -81.5 -87.7 15
State and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis) 162.7 178.7 191.2 199.0 204.0 214.3 209.2 212.6 216.1 219.5 222.5 16
State and local governments; net capital transfers paid -57.4 -58.9 -62.8 -67.3 -78.3 -76.1 -72.3 -75.7 -79.2 -77.3 -69.4 17
State and local governments; gross saving less net capital transfers paid 271.2 249.8 181.8 188.3 257.0 224.9 224.3 248.1 212.1 215.3 204.2 18
State and local governments; gross investment 291.2 270.5 201.8 219.4 286.5 242.9 241.8 267.8 204.1 257.8 231.5 19
State and local governments; gross fixed investment 304.4 329.0 348.8 349.3 336.5 322.5 322.8 318.6 322.3 326.4 320.1 20
State and local governments; acquisition of nonproduced nonfinancial assets (net) 11.1 13.8 14.1 14.4 14.5 15.5 15.2 15.5 15.7 15.8 15.9 21
State and local governments, excluding employee retirement funds; net lending (+) or borrowing (-) (financial account) -24.3 -72.4 -161.2 -144.3 -64.6 -95.2 -96.1 -66.3 -133.9 -84.4 -104.5 22
State and local governments, excluding employee retirement funds; total financial assets 108.4 111.6 -102.0 5.0 40.0 -114.4 -156.8 -133.3 -93.4 -74.0 -118.6 23
State and local governments, excluding employee retirement funds; checkable deposits and currency; asset 5.4 -4.8 8.5 19.2 6.7 15.9 14.1 27.9 6.5 15.0 -11.1 24
State and local governments, excluding employee retirement funds; total time and savings deposits; asset 26.2 36.4 19.1 10.8 -0.4 18.0 5.4 20.4 13.1 33.1 4.2 25
State and local governments, excluding employee retirement funds; money market mutual fund shares; asset 2.8 6.6 -1.8 4.1 5.4 -2.4 -2.4 -2.4 -4.6 -0.1 -2.2 26
State and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset 5.6 13.0 -3.5 8.0 10.6 -4.6 -4.7 -4.7 -9.0 -0.2 -4.2 27
State and local governments, excluding employee retirement funds; credit market instruments; asset 66.1 77.9 -131.8 -36.6 40.8 -84.4 -57.4 -106.1 -103.4 -70.7 -80.2 28
State and local governments, excluding employee retirement funds; commercial paper; asset 7.3 -3.0 -64.6 -54.5 7.0 20.8 41.3 13.8 8.2 19.8 14.5 29
State and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset 31.7 18.3 -50.0 18.8 9.7 -59.0 -61.2 -77.1 -48.1 -49.5 -44.1 30
State and local governments, excluding employee retirement funds; agency- and GSE-backed securities;; asset 15.8 37.0 -9.9 -17.1 10.0 -38.2 -33.4 -33.4 -45.6 -40.5 -42.1 31
State and local governments, excluding employee retirement funds; municipal securities and loans; asset 0.2 0.5 -0.1 0.3 0.4 -0.2 -0.2 -0.2 -0.3 -0.0 -0.1 32
State and local governments, excluding employee retirement funds; corporate and foreign bonds; asset 5.0 11.7 -3.1 7.3 9.5 -4.2 -4.2 -4.2 -8.1 -0.2 -3.8 33
State and local governments, excluding employee retirement funds; total mortgages; asset 6.0 13.3 -4.0 8.6 4.2 -3.7 0.2 -5.0 -9.6 -0.2 -4.5 34
State and local governments, excluding employee retirement funds; corporate equities; asset -7.9 0.7 19.0 15.9 -28.9 -3.9 -27.9 -1.1 61.9 -48.7 -65.5 35
State and local governments, excluding employee retirement funds; mutual fund shares; asset -2.4 -0.1 13.1 -7.7 -8.5 -1.2 -7.9 -0.4 17.3 -13.7 -35.6 36
State and local governments, excluding employee retirement funds; trade receivables; asset 5.7 13.3 -3.6 8.2 10.8 -4.8 -4.8 -4.8 -9.2 -0.2 -4.3 37
State and local governments, excluding employee retirement funds; taxes receivable; asset 11.4 2.7 2.2 -4.8 7.0 10.1 8.3 12.7 9.0 10.3 11.6 38
State and local governments, excluding employee retirement funds; unidentified miscellaneous assets -4.5 -34.3 -23.2 -12.2 -3.3 -57.0 -79.5 -74.8 -74.9 0.9 68.6 39
State and local governments, excluding employee retirement funds; total liabilities 132.7 183.9 59.2 149.2 104.6 -19.2 -60.7 -67.1 40.5 10.3 -14.1 40
State and local governments, excluding employee retirement funds; credit market instruments; liability 98.3 146.9 20.0 111.5 66.2 -58.6 -99.9 -106.5 1.0 -29.1 -53.5 41
State and local governments, excluding employee retirement funds; municipal securities and loans; liability 97.7 146.2 19.2 110.7 65.3 -59.5 -100.3 -107.3 -0.0 -30.3 -54.1 42
State and local governments, excluding employee retirement funds; short-term municipal securities and loans; liability -8.2 16.8 4.7 7.7 -0.6 -10.7 -8.9 -37.9 26.0 -22.2 1.1 43
State and local governments, excluding employee retirement funds; long-term municipal securities and loans; liability 105.9 129.4 14.4 102.9 66.0 -48.8 -91.4 -69.4 -26.1 -8.2 -55.2 44
State and local governments, excluding employee retirement funds; U.S. government loans; liability 0.6 0.7 0.8 0.8 0.9 0.9 0.4 0.8 1.1 1.2 0.5 45
State and local governments, excluding employee retirement funds; trade payables; liability 34.4 37.0 39.2 37.7 38.4 39.4 39.1 39.5 39.5 39.4 39.4 46
State and local governments, excluding employee retirement funds; sector discrepancy -20.0 -20.7 -20.0 -31.1 -29.4 -18.0 -17.6 -19.7 8.0 -42.6 -27.3 47


Release dates | Announcements | Coded tables | Historical data
Current release | Screen reader | PDF (450 KB) | Data Download Program (DDP)

Statistical releases