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 | 2020 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local governments; total financial assets | FL214090005 | 3283.7 | 3433.7 | 3869.0 | 3368.4 | 3433.7 | 3442.8 | 3668.8 | 3742.9 | 3869.0 | 1 |
| State and local governments; checkable deposits and currency; asset | FL213020005 | 132.9 | 139.1 | 229.9 | 128.6 | 139.1 | 142.3 | 167.3 | 178.1 | 229.9 | 2 |
| State and local governments; total time and savings deposits; asset | FL213030000 | 403.4 | 423.2 | 413.6 | 410.2 | 423.2 | 430.3 | 429.7 | 434.1 | 413.6 | 3 |
| State and local governments; money market fund shares; asset | FL213034003 | 19.8 | 26.5 | 31.7 | 24.5 | 26.5 | 31.7 | 33.9 | 32.2 | 31.7 | 4 |
| State and local governments; security repurchase agreements; asset | FL212051003 | 164.9 | 164.2 | 183.5 | 163.3 | 164.2 | 162.0 | 174.9 | 179.5 | 183.5 | 5 |
| State and local governments; debt securities; asset | LM214022005 | 1587.8 | 1708.2 | 1973.1 | 1676.2 | 1708.2 | 1757.9 | 1889.5 | 1924.6 | 1973.1 | 6 |
| State and local governments; commercial paper; asset | FL213069103 | 78.2 | 77.9 | 87.0 | 77.5 | 77.9 | 76.8 | 83.0 | 85.2 | 87.0 | 7 |
| State and local governments; Treasury securities, including SLGS; asset | LM213061105 | 770.7 | 852.1 | 1085.3 | 824.6 | 852.1 | 900.2 | 1017.1 | 1056.6 | 1085.3 | 8 |
| State and local governments; agency- and GSE-backed securities; asset | LM213061703 | 513.4 | 536.2 | 536.9 | 533.4 | 536.2 | 541.8 | 524.8 | 524.4 | 536.9 | 9 |
| State and local governments; municipal securities; asset | LM213062003 | 16.8 | 16.7 | 18.7 | 16.6 | 16.7 | 16.5 | 17.8 | 18.3 | 18.7 | 10 |
| State and local governments; corporate and foreign bonds; asset | LM213063003 | 208.6 | 225.3 | 245.2 | 224.1 | 225.3 | 222.5 | 246.8 | 240.2 | 245.2 | 11 |
| State and local governments; total mortgages; asset | FL213065005 | 258.6 | 257.5 | 262.8 | 256.1 | 257.5 | 254.1 | 257.3 | 260.6 | 262.8 | 12 |
| State and local governments; corporate equities; asset | LM213064103 | 137.7 | 173.2 | 201.4 | 160.3 | 173.2 | 135.4 | 163.6 | 176.9 | 201.4 | 13 |
| State and local governments; mutual fund shares; asset | LM213064203 | 75.9 | 91.5 | 104.4 | 86.6 | 91.5 | 77.2 | 89.2 | 94.6 | 104.4 | 14 |
| State and local governments; trade receivables; asset | FL213070003 | 230.2 | 239.0 | 247.4 | 237.6 | 239.0 | 236.4 | 230.8 | 244.4 | 247.4 | 15 |
| State and local governments; taxes receivable; asset | FL213078005 | 170.0 | 178.8 | 185.0 | 176.5 | 178.8 | 184.9 | 202.6 | 185.1 | 185.0 | 16 |
| State and local governments; unidentified miscellaneous assets | FL213093003 | 102.5 | 32.6 | 36.2 | 48.5 | 32.6 | 30.5 | 30.1 | 32.8 | 36.2 | 17 |
| State and local governments; total liabilities | FL214190005 | 8579.5 | 8347.1 | 8329.7 | 8405.6 | 8347.1 | 8947.2 | 8731.1 | 8635.5 | 8329.7 | 18 |
| State and local governments; municipal securities; liability | FL213162005 | 3066.1 | 3075.3 | 3164.6 | 3041.3 | 3075.3 | 3081.1 | 3102.2 | 3137.0 | 3164.6 | 19 |
| State and local governments; short-term municipal securities; liability (1) | FL213162400 | 38.0 | 44.8 | 46.8 | 40.1 | 44.8 | 43.0 | 41.1 | 44.8 | 46.8 | 20 |
| State and local governments; long-term municipal securities; liability | FL213162200 | 3028.1 | 3030.5 | 3117.8 | 3001.2 | 3030.5 | 3038.1 | 3061.1 | 3092.2 | 3117.8 | 21 |
| State and local governments; U.S. government loans; liability | FL213169203 | 20.1 | 21.1 | 22.1 | 20.8 | 21.1 | 21.2 | 21.4 | 21.8 | 22.1 | 22 |
| State and local governments; trade payables; liability | FL213170003 | 1001.7 | 1051.1 | 1100.5 | 1038.6 | 1051.1 | 1063.7 | 1075.7 | 1087.9 | 1100.5 | 23 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FL223073045 | 4491.6 | 4199.5 | 4042.5 | 4304.8 | 4199.5 | 4781.2 | 4531.8 | 4388.7 | 4042.5 | 24 |
NOTES
- Debt with original maturity of 13 months or less.
- Included in miscellaneous liabilities.
Last Update: March 11, 2021