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 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local governments; total financial assets | FL214090005 | 3434.6 | 3877.8 | 4416.4 | 3877.7 | 4180.8 | 4281.2 | 4416.4 | 4352.8 | 4398.1 | 1 |
| State and local governments; checkable deposits and currency; asset | FL213020005 | 139.1 | 229.9 | 345.6 | 248.9 | 296.6 | 318.5 | 345.6 | 351.1 | 361.2 | 2 |
| State and local governments; total time and savings deposits; asset | FL213030000 | 423.2 | 413.6 | 382.4 | 406.2 | 392.0 | 384.8 | 382.4 | 375.2 | 353.5 | 3 |
| State and local governments; money market fund shares; asset | FL213034003 | 26.5 | 40.0 | 55.3 | 44.1 | 47.1 | 49.9 | 55.3 | 53.4 | 52.8 | 4 |
| State and local governments; security repurchase agreements; asset | FL212051003 | 163.6 | 179.2 | 189.2 | 181.7 | 184.2 | 186.7 | 189.2 | 191.7 | 194.2 | 5 |
| State and local governments; debt securities; asset | LM214022005 | 1638.6 | 1898.1 | 2150.6 | 1826.1 | 2043.6 | 2105.8 | 2150.6 | 2117.1 | 2207.3 | 6 |
| State and local governments; commercial paper; asset | FL213069103 | 77.6 | 77.1 | 81.1 | 78.1 | 79.1 | 80.1 | 81.1 | 82.1 | 83.2 | 7 |
| State and local governments; Treasury securities, including SLGS; asset | LM213061105 | 793.1 | 1111.9 | 1437.4 | 1099.6 | 1313.7 | 1384.6 | 1437.4 | 1438.3 | 1547.2 | 8 |
| State and local governments; agency- and GSE-backed securities; asset | LM213061703 | 539.3 | 466.5 | 417.4 | 434.8 | 437.7 | 426.2 | 417.4 | 402.5 | 397.6 | 9 |
| State and local governments; municipal securities; asset | LM213062003 | 16.7 | 18.6 | 22.2 | 19.5 | 20.2 | 21.1 | 22.2 | 22.1 | 22.7 | 10 |
| State and local governments; corporate and foreign bonds; asset | LM213063003 | 211.9 | 223.9 | 192.4 | 194.0 | 192.8 | 193.8 | 192.4 | 172.0 | 156.7 | 11 |
| State and local governments; total mortgages; asset | FL213065005 | 256.5 | 261.7 | 265.0 | 263.6 | 264.6 | 265.1 | 265.0 | 264.2 | 262.8 | 12 |
| State and local governments; corporate equities; asset | LM213064103 | 214.1 | 250.0 | 306.4 | 264.4 | 284.5 | 282.4 | 306.4 | 288.0 | 237.7 | 13 |
| State and local governments; mutual fund shares; asset | LM213064203 | 98.9 | 112.8 | 128.0 | 116.6 | 123.4 | 122.9 | 128.0 | 120.1 | 104.9 | 14 |
| State and local governments; trade receivables; asset | FL213070003 | 249.3 | 236.5 | 268.0 | 241.5 | 242.0 | 251.4 | 268.0 | 275.5 | 287.0 | 15 |
| State and local governments; taxes receivable; asset | FL213078005 | 180.9 | 194.0 | 199.0 | 198.7 | 196.8 | 198.3 | 199.0 | 200.0 | 189.8 | 16 |
| State and local governments; unidentified miscellaneous assets | FL213093003 | 43.8 | 61.9 | 127.0 | 85.9 | 105.9 | 115.2 | 127.0 | 116.7 | 146.9 | 17 |
| State and local governments; total liabilities | FL214190005 | 8364.0 | 8317.8 | 7965.9 | 8267.0 | 8071.3 | 8141.0 | 7965.9 | 8243.4 | 8900.6 | 18 |
| State and local governments; municipal securities; liability | FL213162005 | 3088.7 | 3178.2 | 3245.6 | 3202.8 | 3221.2 | 3237.3 | 3245.6 | 3216.7 | 3219.9 | 19 |
| State and local governments; short-term municipal securities; liability (1) | FL213162400 | 44.9 | 46.6 | 32.9 | 43.2 | 36.9 | 30.8 | 32.9 | 27.1 | 23.2 | 20 |
| State and local governments; long-term municipal securities; liability | FL213162200 | 3043.8 | 3131.6 | 3212.7 | 3159.6 | 3184.4 | 3206.5 | 3212.7 | 3189.6 | 3196.6 | 21 |
| State and local governments; U.S. government loans; liability | FL213169203 | 21.1 | 22.1 | 22.6 | 22.3 | 22.3 | 22.2 | 22.6 | 22.7 | 22.8 | 22 |
| State and local governments; trade payables; liability | FL213170003 | 1048.8 | 1097.2 | 1149.8 | 1109.9 | 1122.9 | 1136.1 | 1149.8 | 1164.0 | 1179.0 | 23 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FL223073045 | 4205.5 | 4020.3 | 3547.9 | 3932.1 | 3705.0 | 3745.4 | 3547.9 | 3840.0 | 4479.0 | 24 |
NOTES
- Debt with original maturity of 13 months or less.
- Included in miscellaneous liabilities.
Last Update: September 9, 2022