Financial Accounts of the United States - Z.1
F.212 Municipal Securities
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2016 | 2017 | 2018 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Domestic nonfinancial sectors; municipal securities; liability | FA383162005 | 44.7 | 13.0 | -58.2 | -50.3 | 166.8 | -95.3 | -15.1 | -64.8 | -57.5 | 1 |
| State and local governments, excluding employee retirement funds; municipal securities; liability | FA213162005 | 31.5 | -2.9 | -54.0 | -20.4 | 107.8 | -91.4 | -12.6 | -42.1 | -69.9 | 2 |
| State and local governments, excluding employee retirement funds; short-term municipal securities; liability (1) | FA213162400 | -2.7 | 4.8 | 2.4 | 12.9 | 4.1 | 8.0 | -0.1 | 4.7 | -3.2 | 3 |
| State and local governments, excluding employee retirement funds; long-term municipal securities; liability | FA213162200 | 34.2 | -7.7 | -56.3 | -33.2 | 103.7 | -99.4 | -12.5 | -46.8 | -66.7 | 4 |
| Nonprofit organizations; municipal securities; liability (2) | FA163162003 | -3.1 | 2.4 | -0.3 | -13.1 | 8.8 | 7.2 | -1.4 | -4.9 | -1.9 | 5 |
| Nonfinancial corporate business; municipal securities; liability | FA103162000 | 16.3 | 13.5 | -3.9 | -16.8 | 50.1 | -11.1 | -1.1 | -17.8 | 14.3 | 6 |
| Domestic nonfinancial sectors; municipal securities; liability | FA383162005 | 44.7 | 13.0 | -58.2 | -50.3 | 166.8 | -95.3 | -15.1 | -64.8 | -57.5 | 7 |
| Households and nonprofit organizations; municipal securities; asset | FA153062005 | 10.2 | -50.9 | -72.5 | -73.1 | 45.6 | -107.8 | -72.8 | -50.2 | -59.0 | 8 |
| Nonfinancial corporate business; municipal securities; asset | FA103062003 | -2.6 | 9.2 | -4.6 | 9.6 | -2.0 | -10.5 | 5.1 | -20.5 | 7.7 | 9 |
| Nonfinancial noncorporate business; municipal securities; asset | FA113062003 | 0.4 | 0.4 | 0.5 | 0.3 | 0.6 | 0.4 | 0.5 | 0.3 | 0.8 | 10 |
| State and local governments, excluding employee retirement funds; municipal securities; asset | FA213062003 | 0.1 | -0.3 | -0.1 | -0.4 | 0.5 | -1.7 | 0.7 | 1.1 | -0.7 | 11 |
| U.S.-chartered depository institutions; municipal securities; asset | FA763062000 | 46.8 | 21.1 | -40.7 | 11.7 | 26.7 | -41.4 | -35.8 | -56.9 | -28.5 | 12 |
| Foreign banking offices in the U.S.; municipal securities; asset | FA753062003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13 |
| Banks in U.S.-affiliated areas; municipal securities; asset | FA743062003 | -0.4 | -0.5 | -0.1 | -1.5 | -0.0 | 0.1 | -0.0 | -0.3 | -0.1 | 14 |
| Credit unions; municipal securities; asset | FA473062005 | 0.9 | -0.2 | -0.0 | -1.4 | 0.3 | -0.6 | 0.3 | -1.8 | 2.0 | 15 |
| Property-casualty insurance companies; municipal securities, including those held by U.S. residual market reinsurers; asset | FA513062005 | 1.8 | -9.9 | 19.1 | -12.5 | -2.2 | 14.1 | 16.7 | 30.0 | 15.4 | 16 |
| Life insurance companies; municipal securities; asset | FA543062005 | 8.8 | 6.1 | 5.3 | 7.7 | 5.3 | 7.7 | 3.3 | 6.6 | 3.7 | 17 |
| Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset | FA343062033 | 0.0 | -0.0 | -0.0 | -0.0 | 0.0 | 0.0 | -0.0 | 0.0 | -0.0 | 18 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | FA223062043 | 0.2 | 1.1 | -1.0 | -1.5 | 5.7 | -3.4 | -0.9 | 0.1 | 0.4 | 19 |
| Money market funds; municipal securities; asset | FA633062000 | -81.8 | -19.9 | 8.4 | -23.8 | 7.6 | -15.7 | 38.1 | -11.8 | 23.1 | 20 |
| Mutual funds; municipal securities; asset (market value) | FA653062003 | 41.4 | 40.0 | 26.0 | 40.7 | 29.5 | 64.9 | 28.3 | 40.9 | -29.9 | 21 |
| Closed-end funds; municipal securities; asset | FA553062003 | 0.6 | 0.1 | 1.4 | -0.2 | 0.1 | -0.0 | 5.3 | -1.6 | 1.9 | 22 |
| Exchange-traded funds; municipal securities; asset | FA563062003 | 6.2 | 5.2 | 6.4 | 4.8 | 7.6 | 2.8 | 7.9 | 2.0 | 13.1 | 23 |
| Government-sponsored enterprises; municipal securities and Sallie Mae public academic facilities financing and Sallie Mae public warehousing advances; asset | FA403062005 | -2.4 | -1.2 | -0.6 | -1.7 | -0.6 | -0.7 | -0.1 | -1.3 | -0.3 | 24 |
| Security brokers and dealers; municipal securities; asset | FA663062003 | 7.1 | 5.6 | -5.9 | -15.6 | 37.5 | -3.7 | -10.4 | -4.1 | -5.6 | 25 |
| Rest of the world; municipal securities; asset | FA263062003 | 7.2 | 7.1 | 0.1 | 6.3 | 4.7 | 0.4 | -1.3 | 2.8 | -1.6 | 26 |
NOTES
- Debt with original maturity of 13 months or less.
- Liability of the households and nonprofit organizations sector (table F.101).
Last Update: March 7, 2019