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 | 2021 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local governments; total financial assets | FL214090005 | 3434.6 | 3892.8 | 4429.3 | 3763.8 | 3892.8 | 3898.0 | 4209.9 | 4310.0 | 4429.3 | 1 |
| State and local governments; checkable deposits and currency; asset | FL213020005 | 139.1 | 229.9 | 345.6 | 178.1 | 229.9 | 248.9 | 296.6 | 318.5 | 345.6 | 2 |
| State and local governments; total time and savings deposits; asset | FL213030000 | 423.2 | 413.6 | 382.4 | 434.1 | 413.6 | 406.2 | 392.0 | 384.8 | 382.4 | 3 |
| State and local governments; money market fund shares; asset | FL213034003 | 26.5 | 34.5 | 37.8 | 34.3 | 34.5 | 35.8 | 36.1 | 36.1 | 37.8 | 4 |
| State and local governments; security repurchase agreements; asset | FL212051003 | 163.6 | 179.2 | 189.2 | 176.7 | 179.2 | 181.7 | 184.2 | 186.7 | 189.2 | 5 |
| State and local governments; debt securities; asset | LM214022005 | 1638.6 | 1898.1 | 2177.4 | 1859.4 | 1898.1 | 1851.6 | 2069.0 | 2132.3 | 2177.4 | 6 |
| State and local governments; commercial paper; asset | FL213069103 | 77.6 | 77.1 | 81.1 | 76.1 | 77.1 | 78.1 | 79.1 | 80.1 | 81.1 | 7 |
| State and local governments; Treasury securities, including SLGS; asset | LM213061105 | 793.1 | 1111.9 | 1451.4 | 1059.7 | 1111.9 | 1112.1 | 1326.2 | 1398.2 | 1451.4 | 8 |
| State and local governments; agency- and GSE-backed securities; asset | LM213061703 | 539.3 | 466.5 | 422.4 | 483.3 | 466.5 | 439.8 | 442.7 | 431.2 | 422.4 | 9 |
| State and local governments; municipal securities; asset | LM213062003 | 16.7 | 18.6 | 22.2 | 18.2 | 18.6 | 19.5 | 20.2 | 21.1 | 22.2 | 10 |
| State and local governments; corporate and foreign bonds; asset | LM213063003 | 211.9 | 223.9 | 200.3 | 222.0 | 223.9 | 202.0 | 200.7 | 201.6 | 200.3 | 11 |
| State and local governments; total mortgages; asset | FL213065005 | 256.5 | 261.7 | 265.0 | 259.5 | 261.7 | 263.6 | 264.6 | 265.1 | 265.0 | 12 |
| State and local governments; corporate equities; asset | LM213064103 | 214.1 | 250.0 | 306.4 | 219.5 | 250.0 | 264.4 | 284.5 | 282.4 | 306.4 | 13 |
| State and local governments; mutual fund shares; asset | LM213064203 | 98.9 | 112.8 | 127.9 | 102.2 | 112.8 | 116.6 | 123.4 | 122.9 | 127.9 | 14 |
| State and local governments; trade receivables; asset | FL213070003 | 249.3 | 256.9 | 298.5 | 247.1 | 256.9 | 265.1 | 277.2 | 289.7 | 298.5 | 15 |
| State and local governments; taxes receivable; asset | FL213078005 | 180.9 | 194.0 | 192.6 | 194.4 | 194.0 | 198.7 | 196.8 | 196.7 | 192.6 | 16 |
| State and local governments; unidentified miscellaneous assets | FL213093003 | 43.8 | 61.9 | 106.5 | 58.5 | 61.9 | 65.4 | 85.4 | 94.7 | 106.5 | 17 |
| State and local governments; total liabilities | FL214190005 | 8373.3 | 8327.9 | 8023.0 | 8658.9 | 8327.9 | 8281.8 | 8069.7 | 8135.3 | 8023.0 | 18 |
| State and local governments; municipal securities; liability | FL213162005 | 3097.9 | 3188.3 | 3248.8 | 3161.8 | 3188.3 | 3213.2 | 3231.4 | 3239.5 | 3248.8 | 19 |
| State and local governments; short-term municipal securities; liability (1) | FL213162400 | 44.8 | 46.6 | 32.9 | 44.8 | 46.6 | 43.1 | 36.8 | 30.8 | 32.9 | 20 |
| State and local governments; long-term municipal securities; liability | FL213162200 | 3053.1 | 3141.7 | 3215.9 | 3117.0 | 3141.7 | 3170.1 | 3194.6 | 3208.7 | 3215.9 | 21 |
| State and local governments; U.S. government loans; liability | FL213169203 | 21.1 | 22.1 | 22.6 | 21.8 | 22.1 | 22.3 | 22.3 | 22.2 | 22.6 | 22 |
| State and local governments; trade payables; liability | FL213170003 | 1048.8 | 1097.2 | 1149.8 | 1084.8 | 1097.2 | 1109.9 | 1122.9 | 1136.1 | 1149.8 | 23 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FL223073045 | 4205.5 | 4020.3 | 3601.8 | 4390.5 | 4020.3 | 3936.5 | 3693.2 | 3737.4 | 3601.8 | 24 |
NOTES
- Debt with original maturity of 13 months or less.
- Included in miscellaneous liabilities.
Last Update: March 10, 2022