Financial Accounts of the United States - Z.1
Flow of Funds Matrix--Flows for 2016
Billions of dollars; seasonally adjustedDescription |
Households and Nonprofit Organziations; Use |
Households and Nonprofit Organziations; Source |
Nonfinancial Business; Use |
Nonfinancial Business; Source |
Federal Government; Use |
Federal Government; Source |
State and Local Governments; Use |
State and Local Governments; Source |
Domestic Nonfinancial Sectors; Use |
Domestic Nonfinancial Sectors; Source |
Domestic Financial Sectors; Use |
Domestic Financial Sectors; Source |
Rest of the World; Use |
Rest of the World; Source |
All Sectors; Use |
All Sectors; Source |
Instrument Discrep- ancy; |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross saving less net cap. transfers | -- | 2587.3 | -- | 2168.7 | -- | -445.5 | -- | 136.9 | -- | 4447.5 | -- | 293.4 | -- | 467.9 | -- | 5208.9 | -- |
| Capital consumption | -- | 1530.3 | -- | 1688.1 | -- | 271.6 | -- | 255.4 | -- | 3745.5 | -- | 204.0 | -- | -- | -- | 3949.4 | -- |
| Net saving (1 less 2) | -- | 1057.0 | -- | 480.6 | -- | -717.1 | -- | -118.5 | -- | 702.1 | -- | 89.5 | -- | 467.9 | -- | 1259.4 | -- |
| Gross investment (5 plus 11) | 2589.3 | -- | 2109.4 | -- | -373.8 | -- | 180.0 | -- | 4504.8 | -- | 476.8 | -- | 334.3 | -- | 5316.0 | -- | -107.1 |
| Capital expenditures | 2053.4 | -- | 2051.4 | -- | 257.4 | -- | 364.2 | -- | 4726.5 | -- | 250.8 | -- | 0.2 | -- | 4977.5 | -- | 231.4 |
| Capital expenditures; Consumer durables | 1320.3 | -- | -- | -- | -- | -- | -- | -- | 1320.3 | -- | -- | -- | -- | -- | 1320.3 | -- | -- |
| Capital expenditures; Residential | 594.5 | -- | 106.0 | -- | 1.4 | -- | 6.3 | -- | 708.2 | -- | 5.6 | -- | -- | -- | 713.8 | -- | -- |
| Capital expenditures; Nonresidential | 146.9 | -- | 1916.7 | -- | 265.0 | -- | 348.8 | -- | 2677.4 | -- | 245.2 | -- | -- | -- | 2922.5 | -- | -- |
| Capital expenditures; Inventory change | -- | -- | 20.9 | -- | -- | -- | -- | -- | 20.9 | -- | -- | -- | -- | -- | 20.9 | -- | -- |
| Capital expenditures; Nonproduced nonfinancial assets | -8.2 | -- | 7.9 | -- | -9.0 | -- | 9.2 | -- | -0.2 | -- | -- | -- | 0.2 | -- | -- | -- | -- |
| Net lending (+) or net borrowing (-) | 535.8 | -- | 58.0 | -- | -631.3 | -- | -184.2 | -- | -221.7 | -- | 226.0 | -- | 334.2 | -- | 338.5 | -- | -338.5 |
| Net acquisition of financial assets | 1055.5 | -- | 1543.7 | -- | 262.8 | -- | 127.6 | -- | 2989.6 | -- | 2161.9 | -- | 650.6 | -- | 5802.2 | -- | -- |
| Net increase in liabilities | -- | 519.7 | -- | 1485.7 | -- | 894.1 | -- | 311.8 | -- | 3211.3 | -- | 1935.9 | -- | 316.5 | -- | 5463.7 | -- |
| Net increase in liabilities; U.S. official reserve assets | -- | -- | -- | -- | 2.2 | 0.0 | -- | -- | 2.2 | 0.0 | -0.1 | -- | 0.0 | 2.1 | 2.1 | 2.1 | -- |
| Net increase in liabilities; SDR certificates | -- | -- | -- | -- | -- | 0.0 | -- | -- | -- | 0.0 | 0.0 | -- | -- | -- | 0.0 | 0.0 | -- |
| Net increase in liabilities; Treasury currency | -- | -- | -- | -- | -- | 0.0 | -- | -- | -- | 0.0 | 1.0 | -- | -- | -- | 1.0 | 0.0 | -1.0 |
| Net increase in liabilities; Foreign deposits | -6.3 | -- | 4.1 | -- | -- | -- | -- | -- | -2.1 | -- | -9.2 | -- | -- | -101.5 | -11.3 | -101.5 | -90.2 |
| Net increase in liabilities; Interbank claims | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -216.6 | -378.2 | -156.1 | -- | -372.7 | -378.2 | -5.4 |
| Net increase in liabilities; Checkable dep. and currency | -66.7 | -- | 189.3 | -- | 65.7 | -- | 5.2 | -- | 193.5 | -- | 23.5 | 268.4 | 51.0 | -- | 268.0 | 268.4 | 0.4 |
| Net increase in liabilities; Time and savings deposits | 721.8 | -- | 66.6 | -- | -0.2 | -- | -0.4 | -- | 787.8 | -- | -317.6 | 518.1 | 48.0 | -- | 518.1 | 518.1 | -- |
| Net increase in liabilities; Money market fund shares | 57.6 | -- | -83.0 | -- | -- | -- | 7.3 | -- | -18.1 | -- | -7.4 | -26.6 | -1.1 | -- | -26.6 | -26.6 | -- |
| Net increase in liabilities; Fed. funds and security repos | -- | -- | 13.1 | -- | -- | -- | 5.8 | -- | 18.9 | -- | 67.9 | -22.3 | 61.0 | 90.4 | 147.7 | 68.1 | -79.6 |
| Net increase in liabilities; Debt securities | -92.2 | -4.0 | 29.1 | 289.1 | 0.0 | 842.7 | 74.1 | 27.9 | 11.0 | 1155.6 | 1178.4 | 364.7 | 373.4 | 42.4 | 1562.7 | 1562.7 | -- |
| Net increase in liabilities; Debt securities; Open market paper | -- | -- | 4.6 | 4.1 | -- | -- | -0.5 | -- | 4.1 | 4.1 | -97.3 | 18.0 | 36.6 | -78.7 | -56.6 | -56.6 | -- |
| Net increase in liabilities; Debt securities; Treasury securities | 204.5 | -- | 6.0 | -- | -- | 842.8 | 55.8 | -- | 266.3 | 842.8 | 675.3 | -- | -98.8 | -- | 842.8 | 842.8 | -- |
| Net increase in liabilities; Debt securities; Agency- and GSE-backed sec. | -101.0 | -- | 0.7 | -- | 0.0 | -0.1 | 10.8 | -- | -89.5 | -0.1 | 362.8 | 351.7 | 78.3 | -- | 351.6 | 351.6 | -- |
| Net increase in liabilities; Debt securities; Municipal securities | 8.8 | -4.0 | 17.8 | 17.1 | -- | -- | 0.6 | 27.9 | 27.2 | 40.9 | 6.5 | -- | 7.2 | -- | 40.9 | 40.9 | -- |
| Net increase in liabilities; Debt securities; Corporate and fgn. bonds | -204.4 | -- | -- | 267.9 | 0.0 | -- | 7.3 | -- | -197.1 | 267.9 | 231.1 | -4.9 | 350.1 | 121.1 | 384.1 | 384.1 | -- |
| Net increase in liabilities; Loans | -8.7 | 517.2 | 7.7 | 418.7 | 103.1 | 0.0 | 9.5 | 0.9 | 111.7 | 936.8 | 877.3 | 68.3 | -1.9 | -18.1 | 987.1 | 987.1 | -- |
| Net increase in liabilities; Loans; Depository inst. loans n.e.c. | -- | 49.9 | -- | 122.0 | -- | -- | -- | -- | -- | 171.9 | 154.1 | -1.6 | -- | -16.2 | 154.1 | 154.1 | -- |
| Net increase in liabilities; Loans; Other loans and advances | -1.1 | -10.2 | -- | 26.5 | 0.3 | -- | -- | 0.9 | -0.8 | 17.3 | 87.6 | 69.4 | -1.9 | -1.9 | 84.8 | 84.8 | -- |
| Net increase in liabilities; Loans; Mortgages | -2.2 | 248.8 | 8.5 | 270.2 | 3.2 | 0.0 | 9.5 | -- | 19.0 | 519.0 | 500.4 | 0.5 | -- | -- | 519.4 | 519.4 | -- |
| Net increase in liabilities; Loans; Consumer credit | -5.4 | 228.7 | -0.8 | -- | 99.6 | -- | -- | -- | 93.4 | 228.7 | 135.2 | -- | -- | -- | 228.7 | 228.7 | -- |
| Net increase in liabilities; Corporate equities | -195.5 | -- | -- | -586.1 | -0.1 | -- | 3.9 | -- | -191.7 | -586.1 | 5.1 | 244.6 | -179.7 | -24.8 | -366.3 | -366.3 | -- |
| Net increase in liabilities; Mutual fund shares | 142.2 | -- | -10.3 | -- | -- | -- | 2.0 | -- | 133.9 | -- | -161.8 | 22.7 | 50.7 | -- | 22.7 | 22.7 | -- |
| Net increase in liabilities; Trade credit | 6.9 | 6.8 | 172.1 | 155.4 | 3.6 | 18.6 | 11.8 | 40.8 | 194.4 | 221.7 | 0.4 | 10.4 | 9.6 | 0.8 | 204.4 | 232.8 | 28.4 |
| Net increase in liabilities; Life insurance reserves | 15.4 | -- | -- | -- | -- | 0.1 | -- | -- | 15.4 | 0.1 | 9.6 | 24.9 | -- | -- | 25.0 | 25.0 | -- |
| Net increase in liabilities; Pension entitlements | 410.4 | -- | -- | -- | -- | -- | -- | -- | 410.4 | -- | -- | 410.4 | -- | -- | 410.4 | 410.4 | -- |
| Net increase in liabilities; Taxes payable | -- | -- | -- | 13.3 | 75.2 | -- | 3.4 | -- | 78.7 | 13.3 | -- | 4.8 | -- | -- | 78.7 | 18.1 | -60.6 |
| Net increase in liabilities; Equity in noncorp. business | 22.0 | -- | -- | 24.4 | -- | -- | -- | -- | 22.0 | 24.4 | -- | -2.4 | -- | -- | 22.0 | 22.0 | -- |
| Net increase in liabilities; U.S. direct investment abroad | -- | -- | 272.0 | -- | -- | -- | -- | -- | 272.0 | -- | 46.3 | -- | -- | 318.3 | 318.3 | 318.3 | -- |
| Net increase in liabilities; Foreign direct investment in U.S. | -- | -- | -- | 319.1 | -- | -- | -- | -- | -- | 319.1 | -- | 76.9 | 396.0 | -- | 396.0 | 396.0 | -- |
| Net increase in liabilities; Miscellaneous | 48.7 | -0.3 | 882.9 | 851.7 | 13.2 | 32.7 | 5.1 | 242.3 | 949.9 | 1126.3 | 665.2 | 351.3 | -- | 7.0 | 1615.1 | 1484.6 | -130.6 |
| Sector discrepancies (1 less 4) | -1.9 | -- | 59.4 | -- | -71.6 | -- | -43.1 | -- | -57.3 | -- | -183.4 | -- | 133.6 | -- | -107.1 | -- | -107.1 |
NOTES
- General Notes: U = use of funds; S = source of funds. Domestic nonfinancial sectors (columns 9 and 10) are households and nonprofit organizations, nonfinancial business, state and local governments, and federal government.
Last Update: June 8, 2017