Financial Accounts of the United States - Z.1
L.107 State and Local Governments
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2018 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local governments; total financial assets | FL214090005 | 3281.1 | 3374.9 | 3350.9 | 3343.8 | 3314.3 | 3374.9 | 3414.0 | 3657.2 | 3798.8 | 1 |
| State and local governments; checkable deposits and currency; asset | FL213020005 | 132.9 | 139.1 | 131.3 | 129.0 | 128.6 | 139.1 | 142.3 | 167.3 | 178.2 | 2 |
| State and local governments; total time and savings deposits; asset | FL213030000 | 403.4 | 423.2 | 405.1 | 405.8 | 410.2 | 423.2 | 430.3 | 429.7 | 434.1 | 3 |
| State and local governments; money market fund shares; asset | FL213034003 | 19.8 | 26.5 | 20.7 | 22.1 | 24.5 | 26.5 | 31.7 | 33.9 | 32.2 | 4 |
| State and local governments; security repurchase agreements; asset | FL212051003 | 165.1 | 160.4 | 165.8 | 163.3 | 159.8 | 160.4 | 159.4 | 174.6 | 179.6 | 5 |
| State and local governments; debt securities; asset | LM214022005 | 1589.6 | 1673.9 | 1653.8 | 1652.7 | 1644.8 | 1673.9 | 1751.7 | 1890.1 | 1952.4 | 6 |
| State and local governments; commercial paper; asset | FL213069103 | 78.3 | 76.1 | 78.6 | 77.5 | 75.8 | 76.1 | 75.6 | 82.8 | 85.2 | 7 |
| State and local governments; Treasury securities, including SLGS; asset | LM213061105 | 771.5 | 837.0 | 814.9 | 811.1 | 810.8 | 837.0 | 902.2 | 1049.3 | 1086.4 | 8 |
| State and local governments; agency- and GSE-backed securities; asset | LM213061703 | 514.0 | 524.1 | 523.6 | 525.8 | 522.3 | 524.1 | 533.5 | 488.8 | 504.7 | 9 |
| State and local governments; municipal securities; asset | LM213062003 | 16.8 | 16.3 | 16.9 | 16.6 | 16.3 | 16.3 | 16.2 | 17.8 | 18.3 | 10 |
| State and local governments; corporate and foreign bonds; asset | LM213063003 | 208.9 | 220.4 | 219.7 | 221.6 | 219.7 | 220.4 | 224.1 | 251.4 | 257.8 | 11 |
| State and local governments; total mortgages; asset | FL213065005 | 258.9 | 251.5 | 260.0 | 256.1 | 250.6 | 251.5 | 249.9 | 260.8 | 268.7 | 12 |
| State and local governments; corporate equities; asset | LM213064103 | 137.7 | 173.2 | 155.4 | 160.2 | 160.3 | 173.2 | 135.4 | 163.6 | 176.9 | 13 |
| State and local governments; mutual fund shares; asset | LM213064203 | 75.9 | 91.5 | 83.6 | 86.2 | 86.6 | 91.5 | 77.2 | 89.2 | 94.6 | 14 |
| State and local governments; trade receivables; asset | FL213070003 | 235.2 | 245.4 | 235.5 | 239.5 | 243.5 | 245.4 | 239.4 | 229.5 | 245.4 | 15 |
| State and local governments; taxes receivable; asset | FL213078005 | 159.7 | 165.1 | 161.0 | 162.2 | 163.8 | 165.1 | 171.4 | 189.0 | 216.1 | 16 |
| State and local governments; unidentified miscellaneous assets | FL213093003 | 102.9 | 25.2 | 78.8 | 66.6 | 41.7 | 25.2 | 25.4 | 29.5 | 20.5 | 17 |
| State and local governments; total liabilities | FL214190005 | 8576.1 | 8234.2 | 8446.6 | 8333.5 | 8289.1 | 8234.2 | 8827.9 | 8602.7 | 8511.5 | 18 |
| State and local governments; municipal securities; liability | FL213162005 | 3062.8 | 3071.9 | 3058.4 | 3040.8 | 3037.9 | 3071.9 | 3077.7 | 3098.6 | 3133.8 | 19 |
| State and local governments; short-term municipal securities; liability (1) | FL213162400 | 37.9 | 44.7 | 39.1 | 36.5 | 40.0 | 44.7 | 42.9 | 41.0 | 44.7 | 20 |
| State and local governments; long-term municipal securities; liability | FL213162200 | 3024.9 | 3027.2 | 3019.3 | 3004.3 | 2997.9 | 3027.2 | 3034.8 | 3057.6 | 3089.1 | 21 |
| State and local governments; U.S. government loans; liability | FL213169203 | 20.1 | 21.1 | 20.3 | 20.6 | 20.8 | 21.1 | 21.2 | 21.4 | 21.4 | 22 |
| State and local governments; trade payables; liability | FL213170003 | 1001.7 | 1051.1 | 1013.8 | 1026.2 | 1038.6 | 1051.1 | 1063.7 | 1075.7 | 1087.9 | 23 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FL223073045 | 4491.6 | 4090.1 | 4354.0 | 4245.9 | 4191.8 | 4090.1 | 4665.3 | 4407.1 | 4268.4 | 24 |
NOTES
- Debt with original maturity of 13 months or less.
- Included in miscellaneous liabilities.
Last Update: December 10, 2020