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 18, 2014
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S.8.a State and Local Governments
Billions of dollars
Description 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Line
State and local governments; gross value added (IMA) 1137.7 1191.7 1250.3 1318.5 1385.2 1419.4 1454.2 1471.4 1491.0 1524.8 1
State and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis) 143.8 157.3 170.3 186.6 200.2 208.2 212.7 222.2 231.8 238.4 2
State and local governments; net value added (IMA) 993.9 1034.4 1080.0 1131.9 1185.0 1211.3 1241.5 1249.2 1259.1 1286.4 3
State and local governments; compensation of employees paid (IMA) 1000.6 1041.8 1091.1 1150.4 1207.1 1232.6 1261.3 1266.5 1275.3 1300.7 4
State and local governments; wages and salaries paid (IMA) 702.7 728.0 763.3 805.6 847.4 862.9 862.6 863.1 871.2 887.5 5
State and local governments; employers' social contributions paid (IMA) 297.9 313.7 327.8 344.9 359.7 369.7 398.7 403.5 404.1 413.2 6
State and local governments; operating surplus, net -6.7 -7.3 -11.1 -18.5 -22.0 -21.4 -19.8 -17.4 -16.2 -14.3 7
State and local governments; net national income/balance of primary incomes, net (IMA) 728.0 804.2 868.3 910.7 901.6 811.0 829.5 864.6 872.4 906.2 8
State and local governments; operating surplus, net -6.7 -7.3 -11.1 -18.5 -22.0 -21.4 -19.8 -17.4 -16.2 -14.3 9
State and local governments; taxes on production and imports, receivable (IMA) 768.7 835.1 892.7 940.0 947.9 934.8 960.4 994.0 1017.0 1041.6 10
State and local governments; subsidies paid (with negative sign) (IMA) -0.4 -0.4 -0.4 -7.1 -3.0 -1.4 -1.6 -0.5 -0.5 -0.5 11
State and local governments; property income (received) (IMA) 76.8 88.6 107.2 117.9 105.7 87.8 82.6 79.2 78.6 79.7 12
State and local governments; interest received (IMA) 66.4 76.8 94.7 104.2 91.0 74.4 69.1 64.8 63.0 63.2 13
State and local governments; dividends received (IMA) 2.0 2.0 2.1 2.2 2.6 2.1 2.3 2.6 3.4 3.7 14
State and local governments; rents on land and natural resources received (IMA) 8.5 9.8 10.4 11.5 12.1 11.2 11.2 11.7 12.3 12.7 15
110.5 111.8 120.1 121.5 127.0 188.8 192.1 190.7 206.6 200.3 16
State and local governments; net national income/balance of primary incomes, net (IMA) 728.0 804.2 868.3 910.7 901.6 811.0 829.5 864.6 872.4 906.2 17
State and local governments; current taxes on income, wealth, etc. received (IMA) 289.2 331.4 361.7 381.4 381.0 333.4 345.3 374.3 407.8 430.2 18
State and local governments; contributions for government social insurance received 24.7 24.6 21.5 18.9 18.7 18.6 18.1 18.2 17.7 17.7 19
State and local governments; social contributions paid 385.0 406.6 403.9 433.3 455.4 492.6 523.8 530.4 540.6 565.4 20
State and local governments; other current transfer received 422.4 436.4 438.9 460.9 477.8 566.1 612.0 582.1 556.2 570.8 21
State and local governments; disposable income, net (IMA) 1079.2 1190.0 1286.5 1338.6 1323.7 1236.4 1281.0 1308.9 1313.6 1359.4 22
State and local governments; consumption expenditures 1187.6 1256.6 1325.9 1411.4 1488.7 1508.4 1518.3 1524.8 1546.1 1584.5 23
State and local governments; net saving including net capital transfers paid (IMA) -108.4 -66.6 -39.4 -72.7 -165.1 -271.9 -237.3 -215.9 -232.6 -225.1 24
State and local governments; net saving less net capital transfers paid (IMA) -60.4 -16.2 18.4 -13.4 -101.8 -204.2 -160.6 -142.1 -158.3 -153.5 25
State and local governments; net saving including net capital transfers paid (IMA) -108.4 -66.6 -39.4 -72.7 -165.1 -271.9 -237.3 -215.9 -232.6 -225.1 26
State and local governments; net capital transfers paid -48.0 -50.4 -57.8 -59.3 -63.2 -67.7 -76.7 -73.8 -74.2 -71.6 27
State and local governments; capital formation, net (IMA) 145.0 143.5 155.0 167.9 172.5 167.2 149.7 127.6 108.5 98.4 28
State and local governments; gross fixed investment 277.5 290.8 314.3 340.8 358.8 363.0 351.9 340.5 331.6 327.8 29
State and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis) 143.8 157.3 170.3 186.6 200.2 208.2 212.7 222.2 231.8 238.4 30
State and local governments; acquisition of nonproduced nonfinancial assets (net) 11.3 10.0 11.0 13.6 13.8 12.3 10.6 9.2 8.7 9.0 31
State and local governments; net lending (+) or borrowing (-) (capital account) (IMA) -205.4 -159.7 -136.6 -181.2 -274.3 -371.4 -310.3 -269.6 -266.9 -252.0 32
State and local governments; net lending (+) or borrowing (-) (capital account) (IMA) -205.4 -159.7 -136.6 -181.2 -274.3 -371.4 -310.3 -269.6 -266.9 -252.0 33
State and local governments, excluding employee retirement funds; total financial assets 172.4 253.9 205.8 240.4 -101.2 17.3 74.9 -13.0 99.3 18.0 34
State and local governments, excluding employee retirement funds; total currency and deposits; asset 4.4 18.7 22.5 32.4 26.1 29.5 -0.2 32.2 10.2 19.1 35
State and local governments, excluding employee retirement funds; checkable deposits and currency; asset -3.5 15.8 5.4 -0.4 8.3 19.6 5.7 16.6 -9.4 6.7 36
State and local governments, excluding employee retirement funds; total time and savings deposits; asset 7.9 3.0 17.1 32.8 17.8 10.0 -5.9 15.6 19.6 12.4 37
State and local governments, excluding employee retirement funds; debt securities; asset 96.3 155.7 110.2 137.0 -90.6 -41.1 53.8 -49.8 44.4 -33.8 38
State and local governments, excluding employee retirement funds; commercial paper; asset 2.9 -0.1 -1.4 -2.2 -21.9 -39.0 13.2 -11.1 -5.9 -8.1 39
State and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset 43.3 107.3 58.4 77.8 -46.0 -16.9 7.8 -31.8 46.2 -14.5 40
State and local governments, excluding employee retirement funds; agency- and GSE-backed securities; asset 37.1 35.7 39.1 45.1 -17.7 10.3 23.7 -6.8 -2.3 -13.8 41
State and local governments, excluding employee retirement funds; municipal securities and loans; asset 1.1 1.2 1.4 1.7 0.4 1.0 1.4 0.4 0.5 0.2 42
State and local governments, excluding employee retirement funds; corporate and foreign bonds; asset 11.9 11.5 12.7 14.6 -5.4 3.5 7.8 -0.5 6.0 2.5 43
State and local governments, excluding employee retirement funds; total loans including security repurchase agreements; asset 22.2 20.3 21.9 25.4 -15.9 4.5 12.4 -1.2 16.1 8.3 44
State and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset 7.2 5.7 5.7 6.4 -11.9 -4.1 -1.1 -3.4 6.7 4.2 45
State and local governments, excluding employee retirement funds; total mortgages; asset 15.0 14.6 16.1 19.0 -4.0 8.6 13.5 2.2 9.4 4.2 46
State and local governments, excluding employee retirement funds; equity and investment fund shares; asset (IMA) 21.6 21.5 23.8 27.6 -5.5 9.4 17.0 1.6 12.7 6.6 47
State and local governments, excluding employee retirement funds; money market mutual fund shares; asset 12.8 13.6 15.4 18.0 2.8 10.0 14.1 3.7 7.9 4.7 48
State and local governments, excluding employee retirement funds; corporate equities; asset 5.4 4.4 4.5 5.1 -7.7 -2.2 -0.0 -2.5 3.2 1.3 49
State and local governments, excluding employee retirement funds; mutual fund shares; asset 3.5 3.5 3.9 4.5 -0.6 1.7 2.9 0.3 1.6 0.7 50
State and local governments, excluding employee retirement funds; other accounts receivable; asset (IMA) 27.9 37.7 27.4 18.1 -15.3 14.9 -8.2 4.3 15.9 17.7 51
State and local governments, excluding employee retirement funds; trade receivables; asset 8.5 17.4 8.9 7.8 -15.4 -4.6 13.1 2.3 5.7 8.4 52
State and local governments, excluding employee retirement funds; taxes receivable; asset 12.9 14.3 12.1 3.0 5.2 -5.8 1.0 2.0 2.0 3.1 53
State and local governments, excluding employee retirement funds; unidentified miscellaneous assets 6.5 6.0 6.4 7.3 -5.2 25.3 -22.2 -0.1 8.1 6.2 54
State and local governments, excluding employee retirement funds; total liabilities 332.7 231.3 210.1 300.2 220.2 455.9 383.5 302.2 333.7 290.8 55
State and local governments, excluding employee retirement funds; municipal securities and loans; liability 178.5 141.1 100.3 146.0 17.1 112.2 68.7 -53.6 -5.7 -39.4 56
State and local governments, excluding employee retirement funds; short-term municipal securities and loans; liability 22.2 -1.7 -8.2 16.8 4.6 7.8 -0.7 -10.6 3.8 -10.9 57
State and local governments, excluding employee retirement funds; long-term municipal securities and loans; liability 156.3 142.8 108.5 129.2 12.5 104.4 69.3 -42.9 -9.4 -28.6 58
State and local governments, excluding employee retirement funds; U.S. government loans; liability 0.3 0.6 0.6 0.7 0.8 0.8 0.9 0.9 0.4 0.5 59
State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset 124.0 57.7 74.9 116.8 163.7 303.9 275.5 316.5 300.2 290.0 60
State and local governments, excluding employee retirement funds; trade payables; liability 30.0 31.9 34.3 36.7 38.6 38.9 38.5 38.4 38.8 39.6 61
State and local governments, excluding employee retirement funds; net lending (+) or borrowing (-) (financial account) -160.4 22.6 -4.3 -59.8 -321.4 -438.5 -308.6 -315.2 -234.4 -272.8 62
State and local governments, excluding employee retirement funds; total other volume changes (IMA) -697.2 215.7 324.2 231.5 -974.6 358.9 36.5 -45.3 359.0 676.8 63
State and local governments, excluding employee retirement funds; nonfinancial assets (does not include land) 0.0 -10.7 0.0 0.0 0.0 0.0 0.0 0.0 -7.6 0.0 64
State and local governments, excluding employee retirement funds; other volume changes (IMA) -742.3 44.2 191.9 110.1 -927.5 426.0 34.8 0.2 334.1 697.7 65
State and local governments, excluding employee retirement funds; statistical discrepancy (IMA) -45.1 -182.3 -132.3 -121.4 47.1 67.2 -1.7 45.6 -32.5 20.9 66
State and local governments, excluding employee retirement funds; nonfinancial assets (does not include land) 504.5 473.4 605.0 460.9 411.4 -105.1 175.7 392.7 227.5 225.3 67
State and local governments, excluding employee retirement funds; total residenital and nonresidential structures 501.0 472.2 602.7 457.9 403.0 -104.3 171.9 389.2 224.8 222.7 68
State and local governments, excluding employee retirement funds; nonresidential equipment, current cost basis 2.6 0.4 1.1 0.6 6.6 -1.1 2.4 1.6 1.5 1.3 69
State and local governments, excluding employee retirement funds; nonresidential intellectual property products, current cost basis 0.9 0.8 1.1 2.4 1.8 0.3 1.4 1.9 1.2 1.3 70
State and local governments, excluding employee retirement funds; equity and investment fund shares; asset (IMA) 11.8 5.5 16.9 5.1 -61.1 33.5 21.6 2.0 18.6 38.9 71
State and local governments, excluding employee retirement funds; changes in net worth due to nominal holding gains/losses (IMA) 516.3 478.9 621.8 466.0 350.4 -71.7 197.3 394.7 246.1 264.2 72
State and local governments, excluding employee retirement funds; net worth (IMA) -241.3 678.4 964.4 684.1 -726.1 83.0 73.2 207.3 446.7 787.5 73
State and local governments, excluding employee retirement funds; total assets (does not include land) 7720.6 8576.2 9547.9 10408.2 10814.7 10911.6 11319.3 11817.2 12271.3 12641.4 74
State and local governments, excluding employee retirement funds; nonfinancial assets (does not include land) 5662.8 6259.0 7008.0 7623.1 8193.3 8243.0 8557.5 9068.6 9388.3 9703.2 75
State and local governments, excluding employee retirement funds; total residenital and nonresidential structures 5388.1 5976.8 6715.1 7314.8 7863.3 7903.6 8207.7 8711.9 9026.8 9335.6 76
State and local governments, excluding employee retirement funds; nonresidential equipment, current cost basis 203.3 206.9 212.7 221.5 236.4 240.9 245.4 246.5 246.5 247.6 77
State and local governments, excluding employee retirement funds; nonresidential intellectual property products, current cost basis 71.4 75.3 80.2 86.9 93.6 98.5 104.4 110.2 115.1 120.0 78
State and local governments, excluding employee retirement funds; total financial assets 2057.8 2317.2 2539.9 2785.0 2621.4 2668.6 2761.8 2748.6 2883.1 2938.2 79
State and local governments, excluding employee retirement funds; total currency and deposits; asset 216.1 234.8 257.4 289.8 315.9 345.4 345.2 377.4 406.7 425.8 80
State and local governments, excluding employee retirement funds; checkable deposits and currency; asset 50.3 66.0 71.5 71.1 79.4 99.0 104.6 121.2 117.2 123.9 81
State and local governments, excluding employee retirement funds; total time and savings deposits; asset 165.8 168.8 185.9 218.6 236.5 246.4 240.6 256.2 289.5 301.9 82
State and local governments, excluding employee retirement funds; debt securities; asset 1061.8 1217.4 1327.7 1464.7 1374.1 1333.0 1386.9 1337.0 1381.5 1347.7 83
State and local governments, excluding employee retirement funds; commercial paper; asset 153.4 153.3 151.9 149.8 127.9 88.9 102.1 91.0 85.1 76.9 84
State and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset 405.0 512.3 570.7 648.5 602.6 585.6 593.5 561.7 607.9 593.4 85
State and local governments, excluding employee retirement funds; agency- and GSE-backed securities; asset 377.7 413.4 452.6 497.6 479.9 490.2 513.9 507.0 504.7 490.9 86
State and local governments, excluding employee retirement funds; municipal securities and loans; asset 5.7 6.9 8.3 10.0 10.4 11.5 12.9 13.2 13.7 13.9 87
State and local governments, excluding employee retirement funds; corporate and foreign bonds; asset 119.9 131.5 144.1 158.7 153.3 156.8 164.6 164.1 170.1 172.5 88
State and local governments, excluding employee retirement funds; total loans including security repurchase agreements; asset 268.6 288.9 310.8 335.7 318.1 319.1 328.5 325.0 339.1 346.3 89
State and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset 124.3 130.0 135.7 142.1 130.2 126.1 125.0 121.6 128.3 132.5 90
State and local governments, excluding employee retirement funds; total mortgages; asset 144.3 158.9 175.0 193.6 187.9 193.0 203.5 203.4 210.8 213.9 91
State and local governments, excluding employee retirement funds; equity and investment fund shares; asset (IMA) 219.7 246.6 287.3 320.1 253.4 296.3 334.9 338.5 369.9 415.4 92
State and local governments, excluding employee retirement funds; money market mutual fund shares; asset 76.3 89.9 105.3 123.3 126.1 136.1 150.2 154.0 161.9 166.6 93
State and local governments, excluding employee retirement funds; corporate equities; asset 107.6 116.0 132.9 141.7 91.0 111.8 126.3 125.2 140.7 167.6 94
State and local governments, excluding employee retirement funds; mutual fund shares; asset 35.8 40.7 49.1 55.0 36.3 48.5 58.4 59.3 67.3 81.2 95
State and local governments, excluding employee retirement funds; other accounts receivable; asset (IMA) 291.7 329.4 356.7 374.8 359.9 374.7 366.3 370.7 385.9 403.0 96
State and local governments, excluding employee retirement funds; trade receivables; asset 125.0 142.5 151.3 159.1 143.7 139.1 152.2 154.5 160.3 168.7 97
State and local governments, excluding employee retirement funds; taxes receivable; asset 88.0 102.3 114.4 117.4 123.0 117.1 117.8 120.0 121.3 123.8 98
State and local governments, excluding employee retirement funds; unidentified miscellaneous assets 78.6 84.6 91.0 98.3 93.2 118.5 96.3 96.2 104.3 110.5 99
State and local governments, excluding employee retirement funds; total liabilities and net worth (IMA) 7720.6 8576.2 9547.9 10408.2 10814.7 10911.6 11319.3 11817.2 12271.3 12641.4 100
State and local governments, excluding employee retirement funds; total liabilities 3208.7 3385.9 3393.2 3569.4 4702.0 4715.8 5050.4 5341.0 5348.4 4931.0 101
State and local governments, excluding employee retirement funds; municipal securities and loans; liability 2438.2 2579.2 2679.6 2825.6 2842.7 2954.9 3023.6 2970.0 2964.3 2924.9 102
State and local governments, excluding employee retirement funds; short-term municipal securities and loans; liability 44.2 42.5 34.3 51.2 55.8 63.6 63.0 52.3 56.1 45.3 103
State and local governments, excluding employee retirement funds; long-term municipal securities and loans; liability 2393.9 2536.7 2645.2 2774.4 2786.9 2891.3 2960.6 2917.6 2908.2 2879.6 104
State and local governments, excluding employee retirement funds; U.S. government loans; liability 10.0 10.6 11.2 11.9 12.7 13.5 14.4 15.3 15.7 16.2 105
State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset 310.5 314.0 186.2 178.9 1254.9 1116.9 1343.4 1648.3 1622.2 1204.1 106
State and local governments, excluding employee retirement funds; trade payables; liability 450.1 482.0 516.2 553.0 591.6 630.5 669.0 707.4 746.2 785.8 107
State and local governments, excluding employee retirement funds; net worth (IMA) 4511.9 5190.3 6154.7 6838.8 6112.7 6195.7 6268.9 6476.2 6922.9 7710.4 108

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