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 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local governments; total financial assets | FL214090005 | 3434.6 | 3897.2 | 3453.6 | 3689.6 | 3760.8 | 3897.2 | 3909.3 | 4226.2 | 4337.4 | 1 |
| State and local governments; checkable deposits and currency; asset | FL213020005 | 139.1 | 229.9 | 142.3 | 167.3 | 178.1 | 229.9 | 248.6 | 296.6 | 318.4 | 2 |
| State and local governments; total time and savings deposits; asset | FL213030000 | 423.2 | 413.6 | 430.4 | 429.7 | 434.1 | 413.6 | 406.5 | 392.0 | 384.6 | 3 |
| State and local governments; money market fund shares; asset | FL213034003 | 26.5 | 34.5 | 32.4 | 35.3 | 34.3 | 34.5 | 35.8 | 36.1 | 35.3 | 4 |
| State and local governments; security repurchase agreements; asset | FL212051003 | 163.6 | 182.8 | 161.4 | 174.2 | 178.9 | 182.8 | 189.1 | 195.5 | 201.3 | 5 |
| State and local governments; debt securities; asset | LM214022005 | 1638.6 | 1903.2 | 1724.8 | 1862.4 | 1858.6 | 1903.2 | 1859.6 | 2082.0 | 2150.3 | 6 |
| State and local governments; commercial paper; asset | FL213069103 | 77.6 | 79.2 | 76.5 | 75.1 | 77.3 | 79.2 | 83.1 | 89.1 | 96.2 | 7 |
| State and local governments; Treasury securities, including SLGS; asset | LM213061105 | 793.1 | 1111.9 | 862.1 | 1032.8 | 1057.7 | 1111.9 | 1112.1 | 1326.2 | 1397.1 | 8 |
| State and local governments; agency- and GSE-backed securities; asset | LM213061703 | 539.3 | 466.5 | 560.8 | 503.0 | 483.3 | 466.5 | 439.8 | 442.7 | 431.2 | 9 |
| State and local governments; municipal securities; asset | LM213062003 | 16.7 | 18.6 | 16.5 | 17.8 | 18.2 | 18.6 | 19.5 | 20.2 | 21.1 | 10 |
| State and local governments; corporate and foreign bonds; asset | LM213063003 | 211.9 | 226.9 | 208.9 | 233.6 | 222.0 | 226.9 | 205.0 | 203.7 | 204.6 | 11 |
| State and local governments; total mortgages; asset | FL213065005 | 256.5 | 261.7 | 253.1 | 256.3 | 259.5 | 261.7 | 263.6 | 264.6 | 265.1 | 12 |
| State and local governments; corporate equities; asset | LM213064103 | 214.1 | 250.0 | 167.6 | 202.8 | 219.5 | 250.0 | 264.4 | 284.5 | 282.4 | 13 |
| State and local governments; mutual fund shares; asset | LM213064203 | 98.9 | 112.8 | 83.4 | 96.4 | 102.2 | 112.8 | 116.6 | 123.4 | 122.9 | 14 |
| State and local governments; trade receivables; asset | FL213070003 | 249.3 | 256.7 | 242.6 | 231.0 | 246.7 | 256.7 | 265.0 | 276.9 | 289.0 | 15 |
| State and local governments; taxes receivable; asset | FL213078005 | 180.9 | 194.0 | 186.0 | 192.4 | 194.4 | 194.0 | 198.7 | 199.3 | 203.3 | 16 |
| State and local governments; unidentified miscellaneous assets | FL213093003 | 43.8 | 57.9 | 29.8 | 41.8 | 54.5 | 57.9 | 61.4 | 75.4 | 84.7 | 17 |
| State and local governments; total liabilities | FL214190005 | 8322.4 | 8341.9 | 8934.2 | 8717.1 | 8643.0 | 8341.9 | 8319.4 | 8119.6 | 8238.3 | 18 |
| State and local governments; municipal securities; liability | FL213162005 | 3094.9 | 3185.6 | 3101.7 | 3123.5 | 3158.9 | 3185.6 | 3210.9 | 3228.9 | 3235.7 | 19 |
| State and local governments; short-term municipal securities; liability (1) | FL213162400 | 44.8 | 46.5 | 43.0 | 41.2 | 44.8 | 46.5 | 43.1 | 36.8 | 30.8 | 20 |
| State and local governments; long-term municipal securities; liability | FL213162200 | 3050.1 | 3139.1 | 3058.7 | 3082.3 | 3114.1 | 3139.1 | 3167.8 | 3192.1 | 3204.9 | 21 |
| State and local governments; U.S. government loans; liability | FL213169203 | 21.1 | 22.1 | 21.2 | 21.4 | 21.8 | 22.1 | 22.3 | 22.3 | 22.3 | 22 |
| State and local governments; trade payables; liability | FL213170003 | 1048.8 | 1097.2 | 1061.0 | 1072.8 | 1084.8 | 1097.2 | 1109.9 | 1122.9 | 1136.1 | 23 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FL223073045 | 4157.6 | 4037.0 | 4750.2 | 4499.4 | 4377.5 | 4037.0 | 3976.4 | 3745.6 | 3844.2 | 24 |
NOTES
- Debt with original maturity of 13 months or less.
- Included in miscellaneous liabilities.
Last Update: December 9, 2021