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: September 20, 2012
Release dates | Announcements | Coded tables | Historical data
Current release | Screen reader | PDF (450 KB) | Data Download Program (DDP)

F.105.c Consolidated Statement for Federal, State, and Local Governments
Billions of dollars; quarterly figures are seasonally adjusted annual rates

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

Line
Consolidated governments; current receipts, NIPA basis 4197.0 4051.6 3705.3 3906.8 4086.1 4065.7 4093.2 4076.4 4109.2 4260.1 4289.2 1
Consolidated governments; personal current taxes 1488.7 1435.7 1144.6 1194.8 1398.0 1372.5 1396.6 1403.8 1419.1 1450.8 1474.7 2
Consolidated governments; taxes on production and imports, receivable (IMA) 1027.2 1038.6 1023.2 1055.0 1097.9 1084.5 1099.0 1098.2 1109.8 1128.5 1135.5 3
Consolidated governments; taxes on corporate income (accrual basis) 420.6 281.0 245.9 349.5 351.8 373.1 358.1 334.2 341.8 425.9 419.0 4
Federal government; taxes from the rest of the world 14.7 18.8 14.8 15.1 15.9 14.1 14.9 17.0 17.4 15.4 17.0 5
Consolidated governments; contributions for government social insurance received 964.2 992.1 968.1 988.2 923.8 918.9 923.6 925.3 927.3 947.1 953.0 6
Consolidated governments; property income (received) 144.2 137.5 143.1 141.8 141.7 142.4 142.0 142.1 140.5 140.3 140.1 7
Consolidated governments; other current transfers received 149.2 163.9 181.2 181.9 183.7 183.4 183.6 183.4 184.4 184.2 184.1 8
Consolidated governments; operating surplus, net -11.8 -16.0 -15.6 -19.5 -26.5 -23.1 -24.4 -27.5 -31.1 -32.0 -34.1 9
Consolidated governments; current expenditures 4430.0 4737.3 5047.9 5304.4 5425.5 5391.7 5475.6 5426.4 5408.3 5446.5 5496.3 10
Consolidated governments; consumption expenditures 2217.8 2381.0 2460.3 2552.0 2579.5 2565.5 2591.3 2591.0 2570.4 2586.9 2581.1 11
Consolidated governments; social contributions paid 1701.2 1857.9 2116.5 2253.4 2291.4 2292.9 2291.8 2287.6 2293.4 2320.4 2333.9 12
Consolidated governments; other current transfers paid 42.2 45.3 53.5 54.7 58.7 55.9 65.3 56.0 57.5 59.7 58.6 13
Consolidated governments; interest paid 414.3 400.2 357.9 387.4 434.2 417.7 465.3 429.5 424.4 418.6 461.8 14
Consolidated governments; subsidies paid 54.6 52.9 59.7 57.0 61.6 59.6 61.9 62.4 62.7 60.8 60.9 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 -1342.6 -1397.7 -1339.4 -1326.0 -1382.3 -1350.0 -1299.1 -1186.4 -1207.1 17
Consolidated governments; consumption of fixed capital, equipment, software, and structures, current cost basis 291.3 311.2 323.5 333.5 349.4 342.6 347.1 352.4 355.5 359.0 362.7 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 -2.7 -0.1 0.5 0.6 -2.7 -0.1 19
Households and nonprofit organizations; adjustment to contributions for government social insurance paid for U.S. affiliated areas 4.7 4.8 5.0 4.9 4.4 4.4 4.4 4.5 4.5 4.6 4.6 20
Consolidated governments; net capital transfers paid excluding payments under the financial stabilization program -2.6 3.0 14.9 28.1 28.3 27.2 31.6 31.9 22.6 14.5 12.1 21
Consolidated governments; gross saving less net capital transfers paid 56.1 -381.7 -1039.3 -1095.4 -1022.3 -1012.3 -1071.2 -1034.5 -971.2 -843.8 -861.1 22
Consolidated governments; gross investment 53.0 -448.5 -963.6 -1014.1 -997.4 -1223.2 -64.6 -1720.4 -981.3 -1198.8 -703.9 23
Consolidated governments; gross fixed investment 456.5 497.2 506.9 505.5 480.2 482.6 480.9 476.8 480.5 467.6 471.4 24
Consolidated governments; acquisition of nonproduced nonfinancial assets (net) 12.5 -5.1 5.6 11.8 11.4 11.8 11.3 10.8 11.6 10.7 10.8 25
Consolidated governments; net lending (+) or borrowing (-) (financial account) -416.0 -940.6 -1476.1 -1531.4 -1489.0 -1717.6 -556.9 -2208.0 -1473.4 -1677.1 -1186.1 26
Consolidated governments; total financial assets 74.3 506.3 164.3 247.7 -252.9 -763.2 -30.0 -287.0 68.7 -145.7 144.4 27
Federal government; U.S. official reserve assets -0.4 4.2 51.9 1.6 16.2 16.3 24.8 16.0 7.9 4.6 13.0 28
Consolidated governments; checkable deposits and currency; asset 20.4 321.6 -155.0 155.5 -241.7 -830.9 7.4 -312.6 169.2 -131.9 88.2 29
Consolidated governments; total time and savings deposits; asset 37.6 17.9 11.2 -0.4 17.7 -1.6 32.9 11.1 28.5 0.3 32.6 30
State and local governments, excluding employee retirement funds; money market mutual fund shares; asset 17.3 5.7 12.4 8.7 -2.7 1.8 3.2 -10.0 -5.8 -5.4 -7.8 31
State and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset 6.4 -7.8 -1.1 -4.9 -8.0 -10.4 -9.2 -7.9 -4.6 -4.2 -6.2 32
Consolidated governments; credit market instruments; asset 66.3 5.0 222.2 60.7 -50.4 82.1 -95.3 -65.7 -122.8 -15.1 68.3 33
State and local governments, excluding employee retirement funds; commercial paper; asset -15.8 -73.1 -70.2 -9.8 9.1 4.3 5.7 11.5 15.1 15.4 13.3 34
Consolidated governments; agency- and GSE-backed securities; asset 43.9 49.8 122.7 -60.7 -163.4 -79.8 -170.9 -185.7 -217.2 -166.4 -31.9 35
State and local governments, excluding employee retirement funds; municipal securities and loans; asset 1.6 0.7 1.2 0.9 -0.2 0.3 0.4 -0.9 -0.5 -0.5 -0.7 36
Consolidated governments; corporate and foreign bonds; asset 14.2 -1.3 7.4 2.6 -6.5 -5.2 -3.6 -10.9 -6.3 -5.8 -8.4 37
Consolidated governments; total mortgages; asset 19.3 12.5 21.7 -5.2 -2.1 4.5 2.6 -13.2 -2.4 -2.6 -8.5 38
Federal government; consumer credit, student loans; asset 6.0 11.3 74.3 130.2 108.7 149.8 83.0 127.5 74.4 135.8 99.0 39
Consolidated governments; other loans and advances; asset -2.9 5.2 65.2 2.7 4.0 8.2 -12.5 6.0 14.1 8.9 5.4 40
Consolidated governments; corporate equities; asset -1.9 266.1 16.6 -6.8 34.0 8.9 53.6 51.6 21.8 -70.1 -21.1 41
State and local governments, excluding employee retirement funds; mutual fund shares; asset 1.2 16.7 -8.8 -9.5 -1.6 -9.1 0.5 20.6 -18.4 -39.8 -7.7 42
Consolidated governments; trade receivables; asset -11.3 -16.9 -39.7 -20.9 -5.3 -23.3 -10.9 6.2 6.8 -5.2 6.9 43
Consolidated governments; taxes receivable; asset -32.7 -59.8 29.2 25.9 35.0 54.3 26.2 61.9 -2.3 81.3 25.4 44
Consolidated governments; total miscellaneous assets -28.5 -46.6 25.4 37.8 -46.0 -51.2 -63.2 -58.2 -11.6 39.7 -47.2 45
Consolidated governments; total liabilities 490.3 1446.9 1640.5 1779.1 1236.1 954.5 526.8 1921.1 1542.1 1531.5 1330.5 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 0.0 0.0 0.0 0.0 0.0 0.0 49
Consolidated governments; credit market instruments; liability 346.9 1295.5 1524.2 1639.2 1070.4 816.6 776.1 1391.0 1297.9 1435.2 1188.3 50
Federal government; U.S. savings bonds; liability -6.0 -2.4 -2.8 -3.3 -2.7 -4.3 -3.8 -2.7 -0.1 -1.5 -2.4 51
Federal government; Treasury securities, excluding U.S. savings bonds and Treasury securities held by state and local governments; liability 207.0 1278.6 1416.2 1576.5 1131.5 905.4 858.4 1399.8 1362.4 1477.6 1168.0 52
Federal government; budget agency securities; liability -0.4 0.2 0.1 0.7 1.1 1.2 0.2 1.9 1.1 -3.3 0.1 53
State and local governments, excluding employee retirement funds; municipal securities and loans; liability 146.2 19.2 110.7 65.3 -59.5 -85.7 -78.7 -8.1 -65.5 -37.6 22.5 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 -16.5 48.7 61.6 83.2 36.7 59.7 66.7 59.0 22.7 56
Federal government; life insurance reserves; liability 1.2 1.0 1.1 0.9 1.3 0.3 1.7 1.2 1.9 0.5 1.5 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 54.4 -287.6 469.2 175.6 36.8 118.0 58
Consolidated governments; sector discrepancy 3.1 66.8 -75.7 -81.4 -24.9 210.9 -1006.6 685.9 10.1 355.0 -157.1 59
Consolidated governments; net government saving less fixed investment -689.5 -1182.9 -1849.5 -1903.2 -1819.6 -1808.5 -1863.3 -1826.8 -1779.6 -1654.0 -1678.5 60
Consolidated governments; adjustment between NIPA and FOF 273.4 242.2 373.3 371.8 330.6 90.9 1306.4 -381.2 306.2 -23.1 492.4 61
Consolidated governments; items to be financed -416.0 -940.6 -1476.1 -1531.4 -1489.0 -1717.6 -556.9 -2208.0 -1473.4 -1677.1 -1186.1 62


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

Statistical releases