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 9, 2016
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F.6 Derivation of Measures of Personal Saving 1

Billions of dollars; quarterly figures are seasonally adjusted annual rates


Description
2010
2011
2012
2013
2014
2015
2015
Q1
2015
Q2
2015
Q3
2015
Q4
2016
Q1

Line
Personal sector; total financial assets 691.8 1353.0 1373.8 1292.2 1444.2 1625.8 1910.5 1097.8 1346.4 2148.5 1549.1 1
Households and nonprofit organizations; private foreign deposits; asset 4.5 -9.9 -7.9 2.3 -6.4 -14.8 -6.1 -18.8 -15.9 -18.5 -20.8 2
Personal sector; checkable deposits and currency; asset 36.2 324.9 236.6 145.9 171.7 191.0 479.5 125.1 -169.6 328.9 282.5 3
Personal sector; total time and savings deposits; asset 167.7 376.0 422.1 221.6 459.1 526.3 614.6 131.8 747.6 611.3 410.3 4
Personal sector; money market mutual fund shares; asset -180.6 -18.7 5.0 30.3 -15.2 -49.3 -181.1 103.1 -137.0 17.9 123.3 5
Personal sector; debt securities; asset -128.1 8.3 -91.3 -387.1 -113.8 291.1 -20.6 -67.9 936.6 316.2 -286.3 6
Nonprofit organizations; commercial paper; asset -1.5 -1.8 -0.6 -3.8 -0.1 -1.2 1.4 1.7 -5.5 -2.3 -7.9 7
Personal sector; Treasury securities; asset 317.4 -192.8 227.8 -31.4 -238.5 224.8 -13.2 49.1 440.4 423.1 -116.5 8
Households and nonprofit organizations; agency- and GSE-backed securities; asset 0.5 83.0 -69.4 -33.6 97.3 189.7 -131.3 178.6 384.0 327.3 -84.2 9
Personal sector; municipal securities; asset 57.7 -42.5 -128.3 -28.1 -45.4 -7.4 23.6 -2.4 33.9 -84.6 18.9 10
Households and nonprofit organizations; corporate and foreign bonds; asset -502.1 162.4 -120.9 -290.2 72.9 -114.9 99.0 -294.9 83.8 -347.3 -96.6 11
Personal sector; loans; asset 5.0 -11.1 10.0 52.5 54.6 -54.8 5.4 -113.5 -11.5 -99.4 145.4 12
Households and nonprofit organizations; corporate equities; asset -212.4 -257.9 -192.7 176.4 69.3 -85.4 248.8 41.3 -811.0 179.2 232.1 13
Households and nonprofit organizations; mutual fund shares; asset 170.3 128.9 254.0 248.9 181.4 129.4 145.5 170.7 185.7 15.6 -38.2 14
Households and nonprofit organizations; life insurance reserves; asset 8.5 71.8 -29.5 9.3 37.0 33.9 49.0 20.5 47.2 19.1 52.3 15
Households and nonprofit organizations; pension entitlements; asset 669.5 512.1 543.2 471.7 429.7 398.1 360.6 419.6 344.3 468.0 436.8 16
Personal sector; other financial assets 151.2 228.6 224.2 320.5 176.7 260.3 215.0 285.9 230.1 310.1 211.7 17
Personal sector; total capital expenditures 1694.0 1783.0 1935.6 2064.4 2161.0 2271.2 2229.2 2265.5 2289.2 2301.0 2305.4 18
Personal sector; gross fixed investment, residential equipment and structures 376.5 381.3 436.8 502.6 542.1 600.2 580.0 594.1 607.2 619.6 647.0 19
Personal sector; gross fixed investment, nonresidential structures, equipment, and intellectual property products 317.4 345.4 381.1 386.5 407.8 409.7 409.0 411.0 411.0 407.6 397.9 20
Households and nonprofit organizations; gross fixed investment, consumer durable goods 1005.0 1057.2 1129.5 1166.9 1205.6 1251.2 1225.9 1249.0 1261.5 1268.4 1260.9 21
Households and nonprofit organizations; acquisition of nonproduced nonfinancial assets (net) -8.5 -7.8 -7.9 -8.2 -8.4 -8.3 -8.3 -8.3 -8.2 -8.3 -8.3 22
Nonfinancial noncorporate business; inventories 3.6 6.8 -4.0 16.6 13.9 18.4 22.5 19.7 17.6 13.7 7.8 23
Personal sector; consumption of fixed capital, structures, equipment, and intellectual property products, including consumer durables, current cost basis 1580.9 1601.5 1640.0 1697.1 1755.6 1772.2 1749.6 1760.1 1782.4 1796.8 1812.1 24
Personal sector; consumption of fixed capital, residential equipment and structures, current cost basis 372.0 369.9 372.6 394.7 421.8 434.9 429.7 432.0 437.1 440.7 443.8 25
Personal sector; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis 290.7 293.4 305.0 317.0 330.4 341.3 338.1 339.0 342.8 345.5 347.6 26
Households and nonprofit organizations; consumption of fixed capital, consumer durable goods 918.1 938.2 962.5 985.4 1003.4 996.0 981.8 989.0 1002.5 1010.6 1020.7 27
Personal sector; nonfinancial assets 113.2 181.5 295.5 367.4 405.4 499.0 479.6 505.5 506.8 504.3 493.3 28
Personal sector; residential equipment and structures, current cost basis 4.5 11.5 64.2 107.9 120.4 165.3 150.3 162.1 170.1 178.9 203.2 29
Personal sector; nonresidential structures, equipment, and intellectual property products, current cost basis 26.7 52.0 76.1 69.5 77.3 68.3 71.0 72.0 68.3 62.1 50.3 30
Households and nonprofit organizations; consumer durable goods, current cost basis 86.9 119.0 167.1 181.5 202.2 255.2 244.2 260.0 259.0 257.8 240.2 31
Households and nonprofit organizations; acquisition of nonproduced nonfinancial assets (net) -8.5 -7.8 -7.9 -8.2 -8.4 -8.3 -8.3 -8.3 -8.2 -8.3 -8.3 32
Nonfinancial noncorporate business; inventories 3.6 6.8 -4.0 16.6 13.9 18.4 22.5 19.7 17.6 13.7 7.8 33
Personal sector; total liabilities -146.4 -89.9 506.4 425.7 711.3 783.4 630.0 971.9 522.0 1010.0 691.0 34
Personal sector; home mortgages; liability -148.9 -88.6 -82.6 -2.1 51.2 150.2 1.4 245.5 185.9 168.1 166.9 35
Personal sector; commercial, multifamily, and farm mortgages; liability -31.7 -21.6 111.0 77.4 132.5 205.3 132.2 217.2 198.9 272.9 142.2 36
Households and nonprofit organizations; consumer credit; liability -28.1 111.1 164.1 175.8 221.8 231.6 203.9 266.6 244.1 211.9 214.0 37
Households and nonprofit organizations; other loans and advances; liability 77.6 -37.4 66.1 37.4 33.2 -76.3 -59.0 44.6 -294.3 3.4 -95.9 38
Personal sector; other liabilities -15.4 -53.4 247.9 137.1 272.6 272.6 351.5 197.9 187.4 353.8 263.8 39
Personal sector; net capital transfers paid -28.4 0.4 -10.0 19.8 9.3 20.7 19.9 20.7 20.5 21.8 21.8 40
Personal sector; personal saving including consumer durables (FOF) 923.1 1624.8 1152.9 1253.7 1147.7 1362.1 1780.0 652.1 1351.7 1664.6 1373.2 41
Households and nonprofit organizations; consumer durable goods, current cost basis 86.9 119.0 167.1 181.5 202.2 255.2 244.2 260.0 259.0 257.8 240.2 42
Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability -3.2 -2.4 -2.5 -2.2 -2.0 -2.2 -2.5 -1.3 -2.5 -2.6 -2.7 43
Households and nonprofit organizations; adjustment to contributions for government social insurance paid for U.S. affiliated areas 4.9 4.4 4.6 5.2 5.1 5.3 5.2 5.2 5.3 5.3 5.4 44
Personal sector; personal saving excluding consumer durables and federal government life insurance reserves and Railroad Retirement Board and National Railroad Retirement Investment Trust pension fund reserves (FOF) 844.4 1512.7 992.9 1079.6 952.6 1114.4 1543.5 398.7 1100.5 1414.7 1141.1 45
Households and nonprofit organizations; personal saving excluding consumer durables and federal government life insurance reserves and Railroad Retirement Board and National Railroad Retirement Investment Trust pension fund reserves (NIPA) 630.0 710.1 946.7 589.9 620.2 685.7 687.6 663.9 680.2 711.3 782.6 46
Personal sector; difference between FOF and NIPA personal saving excluding consumer durables 214.4 802.5 46.2 489.6 332.4 428.6 855.9 -265.2 420.3 703.4 358.5 47
Households and nonprofit organizations; disposable personal income 11237.9 11801.4 12403.7 12395.6 12913.9 13403.2 13179.8 13338.3 13486.4 13608.4 13754.2 48
Personal sector; personal saving (FOF concept; FOF data) as a percentage of disposable personal income 8.2 13.8 9.3 10.1 8.9 10.2 13.5 4.9 10.0 12.2 10.0 49
Personal sector; personal saving (NIPA concept; FOF data) as a percentage of disposable personal income 7.5 12.8 8.0 8.7 7.4 8.3 11.7 3.0 8.2 10.4 8.3 50
Households and nonprofit organizations; personal saving (NIPA concept; NIPA data) as a percentage of disposable personal income 5.6 6.0 7.6 4.8 4.8 5.1 5.2 5.0 5.0 5.2 5.7 51
Personal sector; difference between FOF and NIPA personal saving excluding consumer durables as a percentage of disposable personal income 1.9 6.8 0.4 4.0 2.6 3.2 6.5 -2.0 3.1 5.2 2.6 52

NOTES

  1. Consolidated statement for households and nonprofit organizations and nonfinancial noncorporate business.
  2. Directly held, and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 14), life insurance reserves (line 15), and pension entitlements (line 16).
  3. Line 18 less line 24.
  4. Table F.5, line 59 plus line 63.
  5. Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.
  6. Line 45 and 46 are conceptually equivalent but measure saving using different data. Line 45 is net acquisition of financial assets net of government insurance and pension fund reserves (line 1 less line 43) and including contributions for government social insurance to U.S.-affiliated areas, plus net investment in nonfinancial assets net of consumer durables (line 28 less line 42) less net increase in liabilities (line 34) plus net capital transfers paid (line 40). Personal savings, NIPA concept (NIPA) (line 46) is disposable personal income (line 48) less personal outlays (table F.101, line 4).
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