Financial Accounts of the United States - Z.1
F.105 General Government (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2015 | 2016 | 2017 | 2017 Q1 | 2017 Q2 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| General government; current receipts, NIPA basis | FA366010115 | 5814.9 | 5897.4 | 6043 | 6027.4 | 5990.8 | 6091.3 | 6062.6 | 5992.3 | 6050.9 | 1 |
| General government; personal current taxes | FA366210005 | 1935.2 | 1954.3 | 2034.6 | 2004.9 | 2014.2 | 2048.5 | 2070.9 | 2030 | 2042.6 | 2 |
| General government; taxes on production and imports, receivable (IMA) | FA366240005 | 1269.9 | 1303.7 | 1347.2 | 1326.1 | 1338.9 | 1353.7 | 1370 | 1397.9 | 1413.1 | 3 |
| General government; taxes on corporate income (accrual basis) | FA366231005 | 385.9 | 381 | 337.6 | 336.2 | 343.7 | 349.9 | 320.4 | 198.7 | 223.6 | 4 |
| Federal government; taxes from the rest of the world | FA316231061 | 23 | 24 | 25.4 | 24.5 | 25.1 | 25.6 | 26.4 | 26.3 | 27.2 | 5 |
| General government; contributions for government social insurance received | FA366601005 | 1210.6 | 1245 | 1303.8 | 1285.7 | 1295.8 | 1311.1 | 1322.5 | 1348.9 | 1362.5 | 6 |
| General government; property income (received) | FA366150105 | 244.8 | 223 | 221.4 | 247 | 227.4 | 215.3 | 195.9 | 209 | 200.4 | 7 |
| General government; other current transfers received | FA366403105 | 751.4 | 768.7 | 778 | 805.8 | 749.2 | 792.5 | 764.6 | 792.3 | 794.5 | 8 |
| General government; operating surplus, net | FA366402105 | -5.8 | -2.3 | -4.9 | -2.8 | -3.5 | -5.4 | -8.2 | -10.8 | -12.9 | 9 |
| General government; current expenditures | FA366900015 | 6607.4 | 6808.3 | 6997.5 | 6949.2 | 6923.2 | 7006.6 | 7111.1 | 7192.6 | 7275.3 | 10 |
| General government; consumption expenditures | FA366901005 | 2612.7 | 2659.5 | 2731.3 | 2709.3 | 2717.7 | 2732.1 | 2765.9 | 2797 | 2831.2 | 11 |
| General government; social contributions paid | FA366404005 | 2652.9 | 2738.3 | 2825.8 | 2798.8 | 2808.2 | 2842.2 | 2854.1 | 2898.6 | 2926 | 12 |
| General government; other current transfers paid | FA366403005 | 586.1 | 611.7 | 611.7 | 614.6 | 597.1 | 615.8 | 619.1 | 627.9 | 640.2 | 13 |
| General government; interest paid | FA366130005 | 698.5 | 736.9 | 767.5 | 766.9 | 741.8 | 753.3 | 807.8 | 808.5 | 817.9 | 14 |
| General government; subsidies paid | FA366402005 | 57.3 | 61.8 | 61.3 | 59.6 | 58.4 | 63 | 64.2 | 60.5 | 60 | 15 |
| General government; net saving including net capital transfers paid | FA366006005 | -792.5 | -910.9 | -954.5 | -921.7 | -932.4 | -915.3 | -1048.5 | -1200.2 | -1224.3 | 16 |
| General government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) | FA366300005 | 522.2 | 527 | 541.5 | 535.7 | 539.2 | 543.8 | 547.5 | 552.3 | 559.3 | 17 |
| Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability (2) | FA313154015 | -2.4 | -2 | -2.1 | -2.5 | -2.5 | -2.4 | -1.1 | -2.4 | -1.5 | 18 |
| General government; net capital transfers paid excluding payments under the financial stabilization program (3) | FA365440095 | -17.6 | -18.6 | -252.6 | -18.4 | -19.8 | 49 | -1021 | -21.5 | -19.9 | 19 |
| General government; gross saving less net capital transfers paid | FA366000105 | -250.3 | -363.4 | -158.2 | -365.2 | -370.9 | -418 | 521.2 | -624 | -643.7 | 20 |
| General government; gross investment | FA365090005 | -151.9 | -269.1 | -75.4 | -877.7 | -419.6 | -222.9 | 1218.4 | -1195.5 | -599.2 | 21 |
| General government; gross fixed investment | FA365019005 | 621.5 | 631.5 | 643.2 | 637.1 | 642.3 | 640.2 | 653.2 | 659.8 | 674.3 | 22 |
| General government; acquisition of nonproduced nonfinancial assets (net) | FA365420005 | -18.8 | 4.4 | 11.3 | 12.8 | 12.9 | 6.3 | 13.2 | 13.5 | 13.6 | 23 |
| General government; net lending (+) or borrowing (-) (financial account) | FA365000005 | -754.6 | -904.9 | -729.9 | -1527.5 | -1074.8 | -869.3 | 552.1 | -1868.8 | -1287 | 24 |
| General government; total financial assets | FA364090005 | 257 | 339.4 | 224.2 | -899.1 | 298.8 | 154.4 | 1342.8 | 312.7 | 143.1 | 25 |
| Federal government; U.S. official reserve assets | FA313011005 | -6.4 | 2.2 | -1.7 | -1.1 | 0.5 | -0.3 | -6.1 | -0.1 | 12.5 | 26 |
| General government; checkable deposits and currency; asset | FA363020005 | 98.5 | 69.9 | -159.5 | -1001.7 | 356.8 | -9.7 | 16.5 | 455 | 175.8 | 27 |
| General government; total time and savings deposits; asset | FA363030005 | 14.5 | 6.4 | 14.9 | -13.9 | 8.4 | 23.3 | 41.8 | -2.5 | 0.7 | 28 |
| State and local governments, excluding employee retirement funds; money market fund shares; asset | FA213034003 | -0.2 | 5.4 | 1.8 | -1.3 | -0.2 | 4.5 | 4 | -1.8 | 0.9 | 29 |
| State and local governments, excluding employee retirement funds; security repurchase agreements; asset | FA212051003 | 5.3 | 3.4 | -1.9 | -0.1 | -8 | -4.2 | 4.5 | -17.6 | -10.8 | 30 |
| General government; debt securities; asset | FA364022005 | -11.5 | 52.9 | -19.5 | -20.7 | -91.3 | -39.9 | 74.1 | -115.1 | -48.4 | 31 |
| State and local governments, excluding employee retirement funds; commercial paper; asset | FA213069103 | -4.7 | -1.4 | -0.9 | -0 | -3.8 | -2 | 2.2 | -8.4 | -5.1 | 32 |
| State and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset | FA213061105 | 25 | 46 | -24.9 | -20.3 | -91.5 | -39.2 | 51.4 | -47.3 | 5.5 | 33 |
| General government; agency- and GSE-backed securities; asset | FA363061705 | -35.9 | 3.7 | 9 | -0.3 | 14.9 | 6.9 | 14.3 | -35.4 | -34 | 34 |
| State and local governments, excluding employee retirement funds; municipal securities; asset | FA213062003 | 0.3 | 0.3 | -0.2 | -0 | -0.8 | -0.4 | 0.5 | -1.8 | -1.1 | 35 |
| General government; corporate and foreign bonds; asset | FA363063005 | 3.8 | 4.3 | -2.4 | -0.1 | -10.1 | -5.3 | 5.7 | -22.3 | -13.7 | 36 |
| General government; loans; asset | FA364023005 | 110.4 | 108.7 | 97.2 | 96 | 90.9 | 105.8 | 96.1 | 66 | 97.1 | 37 |
| General government; total mortgages; asset | FA363065005 | 4.9 | 8.9 | -1.1 | -3.9 | -11.6 | 1.6 | 9.6 | -21.8 | -14.7 | 38 |
| Federal government; consumer credit, student loans; asset | FA313066220 | 103.4 | 99.6 | 96.3 | 99.2 | 101.2 | 98.3 | 86.4 | 92 | 97.1 | 39 |
| Federal government; other loans and advances; asset | FA313069005 | 2.1 | 0.2 | 2 | 0.7 | 1.3 | 5.9 | 0 | -4.2 | 14.7 | 40 |
| General government; corporate equities; asset | FA363064105 | 2 | 2.2 | -1.4 | -0.1 | -5.9 | -2.8 | 3.1 | 4.1 | -7.3 | 41 |
| State and local governments, excluding employee retirement funds; mutual fund shares; asset | FA213064203 | 1.1 | 1.2 | -0.7 | -0 | -2.8 | -1.4 | 1.6 | -6.1 | -3.8 | 42 |
| General government; trade receivables; asset | FA363070005 | 13.2 | 23.2 | 20.5 | -10.3 | 32.4 | 39.3 | 20.6 | 13.7 | 35 | 43 |
| General government; taxes receivable; asset | FA363078005 | 6.1 | 47.5 | 266.2 | 38.3 | -68.8 | 31.9 | 1063.3 | -76.2 | -107.3 | 44 |
| General government; total miscellaneous assets | FA363090005 | 24 | 16.3 | 8.4 | 15.7 | -13.2 | 7.8 | 23.3 | -6.5 | -1.2 | 45 |
| General government; total liabilities | FA364190005 | 1011.5 | 1244.3 | 954.1 | 628.4 | 1373.6 | 1023.7 | 790.7 | 2181.5 | 1430.2 | 46 |
| Federal government; special drawing rights (SDRs) allocations; liability | FA313111303 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47 |
| Monetary authority; SDR certificates issued by federal government; asset | FA713014003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48 |
| Federal government; Treasury currency; liability | FA313112003 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49 |
| General government; debt securities; liability | FA364122005 | 733.9 | 873.8 | 443.3 | -232.8 | 627.4 | 1613.7 | -235.2 | 2737.9 | 1174 | 50 |
| Federal government; Treasury securities; liability | FA313161105 | 724.4 | 842.8 | 447 | -164 | 655.9 | 1636.1 | -339.8 | 2827.3 | 1190.6 | 51 |
| Federal government; budget agency securities; liability | FA313161705 | 0.2 | -0.1 | -0.1 | -0.9 | 0.7 | -0.1 | 0.1 | 1.1 | -4.6 | 52 |
| State and local governments, excluding employee retirement funds; municipal securities; liability | FA213162005 | 9.3 | 31.1 | -3.7 | -67.9 | -29.1 | -22.3 | 104.5 | -90.4 | -12 | 53 |
| General government; loans; liability | FA364123005 | 0.3 | 0.9 | 0.4 | 0.2 | 0.5 | 0.4 | 0.7 | 0.9 | 0.9 | 54 |
| Federal government; multifamily residential mortgages; liability | FA313165403 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55 |
| State and local governments, excluding employee retirement funds; U.S. government loans; liability | FA213169203 | 0.3 | 0.9 | 0.4 | 0.2 | 0.5 | 0.4 | 0.7 | 0.9 | 0.9 | 56 |
| General government; trade payables; liability | FA363170005 | 56.9 | 72.5 | 67.9 | 47.1 | 64.6 | 76.6 | 83.5 | 65.6 | 65.6 | 57 |
| Federal government; life insurance reserves; liability | FA313140003 | -0.1 | 0.1 | -0.2 | -1.1 | -0.5 | 0.6 | 0.3 | 0.4 | -0.6 | 58 |
| General government; total miscellaneous liabilities | FA363190005 | 220.6 | 297 | 442.7 | 815.1 | 681.6 | -667.6 | 941.5 | -623.3 | 190.3 | 59 |
| General government; sector discrepancy | FA367005005 | -98.3 | -94.3 | -82.8 | 512.5 | 48.7 | -195.1 | -697.2 | 571.5 | -44.5 | 60 |
| General government (consolidated); total financial assets (4) | FA374090005 | 231.4 | 292.2 | 248.9 | -879 | 390.6 | 193.6 | 1290.3 | 361 | 137.9 | 61 |
| General government (consolidated); total liabilities (4) | FA374190005 | 986 | 1197.1 | 978.8 | 648.5 | 1465.4 | 1062.9 | 738.2 | 2229.8 | 1424.9 | 62 |
NOTES
- Sum of the federal government and state and local governments sectors.
- Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves. Saving transferred to the households and nonprofit organizations sector. Includes value of Treasury and agency- and GSE-backed securities held by state and local government employee retirement funds.
- Table F.5, line 63 less line 12.
- Excludes Treasury securities and municipal securities held by state and local governments (lines 33 and 35) and federal government loans to state and local governments (line 56).
Last Update: September 20, 2018