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 | 2021 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local governments; total financial assets | FL214090005 | 3270.6 | 3434.6 | 3877.8 | 4431.1 | 3882.7 | 4194.0 | 4295.1 | 4431.1 | 4388.0 | 1 |
| State and local governments; checkable deposits and currency; asset | FL213020005 | 132.9 | 139.1 | 229.9 | 345.6 | 248.9 | 296.6 | 318.5 | 345.6 | 351.9 | 2 |
| State and local governments; total time and savings deposits; asset | FL213030000 | 403.4 | 423.2 | 413.6 | 382.4 | 406.2 | 392.0 | 384.8 | 382.4 | 375.5 | 3 |
| State and local governments; money market fund shares; asset | FL213034003 | 19.8 | 26.5 | 40.0 | 55.3 | 44.1 | 47.1 | 49.9 | 55.3 | 53.4 | 4 |
| State and local governments; security repurchase agreements; asset | FL212051003 | 164.9 | 163.6 | 179.2 | 189.2 | 181.7 | 184.2 | 186.7 | 189.2 | 191.7 | 5 |
| State and local governments; debt securities; asset | LM214022005 | 1535.2 | 1638.6 | 1898.1 | 2177.4 | 1851.6 | 2069.0 | 2132.3 | 2177.4 | 2143.8 | 6 |
| State and local governments; commercial paper; asset | FL213069103 | 78.2 | 77.6 | 77.1 | 81.1 | 78.1 | 79.1 | 80.1 | 81.1 | 82.1 | 7 |
| State and local governments; Treasury securities, including SLGS; asset | LM213061105 | 713.2 | 793.1 | 1111.9 | 1451.4 | 1112.1 | 1326.2 | 1398.2 | 1451.4 | 1452.2 | 8 |
| State and local governments; agency- and GSE-backed securities; asset | LM213061703 | 518.4 | 539.3 | 466.5 | 422.4 | 439.8 | 442.7 | 431.2 | 422.4 | 407.5 | 9 |
| State and local governments; municipal securities; asset | LM213062003 | 16.8 | 16.7 | 18.6 | 22.2 | 19.5 | 20.2 | 21.1 | 22.2 | 22.1 | 10 |
| State and local governments; corporate and foreign bonds; asset | LM213063003 | 208.6 | 211.9 | 223.9 | 200.3 | 202.0 | 200.7 | 201.6 | 200.3 | 179.9 | 11 |
| State and local governments; total mortgages; asset | FL213065005 | 258.6 | 256.5 | 261.7 | 265.0 | 263.6 | 264.6 | 265.1 | 265.0 | 264.2 | 12 |
| State and local governments; corporate equities; asset | LM213064103 | 169.6 | 214.1 | 250.0 | 306.4 | 264.4 | 284.5 | 282.4 | 306.4 | 288.0 | 13 |
| State and local governments; mutual fund shares; asset | LM213064203 | 82.2 | 98.9 | 112.8 | 127.9 | 116.6 | 123.4 | 122.9 | 127.9 | 120.1 | 14 |
| State and local governments; trade receivables; asset | FL213070003 | 230.2 | 249.3 | 236.5 | 276.4 | 241.5 | 250.3 | 259.4 | 276.4 | 291.0 | 15 |
| State and local governments; taxes receivable; asset | FL213078005 | 171.3 | 180.9 | 194.0 | 199.0 | 198.7 | 196.8 | 198.3 | 199.0 | 212.3 | 16 |
| State and local governments; unidentified miscellaneous assets | FL213093003 | 102.5 | 43.8 | 61.9 | 106.5 | 65.4 | 85.4 | 94.7 | 106.5 | 96.2 | 17 |
| State and local governments; total liabilities | FL214190005 | 8609.0 | 8372.0 | 8324.9 | 7972.5 | 8278.5 | 8066.7 | 8140.0 | 7972.5 | 8178.6 | 18 |
| State and local governments; municipal securities; liability | FL213162005 | 3099.8 | 3096.6 | 3185.3 | 3252.3 | 3209.9 | 3228.4 | 3244.3 | 3252.3 | 3223.3 | 19 |
| State and local governments; short-term municipal securities; liability (1) | FL213162400 | 38.1 | 44.8 | 46.6 | 32.9 | 43.1 | 36.8 | 30.8 | 32.9 | 27.1 | 20 |
| State and local governments; long-term municipal securities; liability | FL213162200 | 3061.7 | 3051.8 | 3138.8 | 3219.3 | 3166.8 | 3191.5 | 3213.5 | 3219.3 | 3196.2 | 21 |
| State and local governments; U.S. government loans; liability | FL213169203 | 20.1 | 21.1 | 22.1 | 22.6 | 22.3 | 22.3 | 22.2 | 22.6 | 22.7 | 22 |
| State and local governments; trade payables; liability | FL213170003 | 1000.2 | 1048.8 | 1097.2 | 1149.8 | 1109.9 | 1122.9 | 1136.1 | 1149.8 | 1164.0 | 23 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FL223073045 | 4488.9 | 4205.5 | 4020.3 | 3547.9 | 3936.5 | 3693.2 | 3737.4 | 3547.9 | 3768.6 | 24 |
NOTES
- Debt with original maturity of 13 months or less.
- Included in miscellaneous liabilities.
Last Update: June 9, 2022