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 | 2020 | 2021 | 2022 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local governments; total financial assets | FL214090005 | 3873.1 | 4421.8 | 4449.7 | 4296.4 | 4421.8 | 4355.5 | 4423.1 | 4369.8 | 4449.7 | 1 |
| State and local governments; checkable deposits and currency; asset | FL213020005 | 229.9 | 345.6 | 360.3 | 318.5 | 345.6 | 351.1 | 360.9 | 353.4 | 360.3 | 2 |
| State and local governments; total time and savings deposits; asset | FL213030000 | 413.6 | 382.4 | 370.3 | 384.8 | 382.4 | 375.2 | 353.8 | 353.2 | 370.3 | 3 |
| State and local governments; money market fund shares; asset | FL213034003 | 40.0 | 55.3 | 55.6 | 49.9 | 55.3 | 53.4 | 52.8 | 53.2 | 55.6 | 4 |
| State and local governments; security repurchase agreements; asset | FL212051003 | 179.2 | 189.2 | 199.2 | 186.7 | 189.2 | 191.7 | 194.2 | 196.8 | 199.2 | 5 |
| State and local governments; debt securities; asset | LM214022005 | 1898.1 | 2151.8 | 2217.3 | 2116.0 | 2151.8 | 2100.2 | 2225.1 | 2187.2 | 2217.3 | 6 |
| State and local governments; commercial paper; asset | FL213069103 | 77.1 | 81.1 | 85.2 | 80.1 | 81.1 | 82.1 | 83.2 | 84.2 | 85.2 | 7 |
| State and local governments; Treasury securities, including SLGS; asset | LM213061105 | 1111.9 | 1440.7 | 1549.3 | 1394.2 | 1440.7 | 1420.0 | 1555.5 | 1529.4 | 1549.3 | 8 |
| State and local governments; agency- and GSE-backed securities; asset | LM213061703 | 466.5 | 415.3 | 410.1 | 426.9 | 415.3 | 406.3 | 408.9 | 406.6 | 410.1 | 9 |
| State and local governments; municipal securities; asset | LM213062003 | 18.6 | 22.2 | 25.9 | 21.1 | 22.2 | 22.1 | 22.7 | 23.3 | 25.9 | 10 |
| State and local governments; corporate and foreign bonds; asset | LM213063003 | 223.9 | 192.4 | 146.9 | 193.7 | 192.4 | 169.7 | 154.9 | 143.7 | 146.9 | 11 |
| State and local governments; total mortgages; asset | FL213065005 | 261.4 | 269.0 | 276.6 | 267.1 | 269.0 | 270.9 | 272.8 | 274.7 | 276.6 | 12 |
| State and local governments; corporate equities; asset | LM213064103 | 250.0 | 306.4 | 239.3 | 282.4 | 306.4 | 288.0 | 237.7 | 225.1 | 239.3 | 13 |
| State and local governments; mutual fund shares; asset | LM213064203 | 112.8 | 128.0 | 105.6 | 123.0 | 128.0 | 120.2 | 105.1 | 99.5 | 105.6 | 14 |
| State and local governments; trade receivables; asset | FL213070003 | 229.6 | 265.3 | 292.4 | 251.7 | 265.3 | 275.5 | 287.9 | 287.6 | 292.4 | 15 |
| State and local governments; taxes receivable; asset | FL213078005 | 196.5 | 201.7 | 205.1 | 200.9 | 201.7 | 202.7 | 203.9 | 204.8 | 205.1 | 16 |
| State and local governments; unidentified miscellaneous assets | FL213093003 | 61.9 | 127.0 | 127.9 | 115.2 | 127.0 | 126.7 | 128.9 | 134.4 | 127.9 | 17 |
| State and local governments; total liabilities | FL214190005 | 8335.5 | 7931.0 | 8920.8 | 8079.1 | 7931.0 | 8203.1 | 8699.5 | 9011.1 | 8920.8 | 18 |
| State and local governments; municipal securities; liability | FL213162005 | 3183.3 | 3251.4 | 3193.5 | 3243.3 | 3251.4 | 3224.1 | 3226.9 | 3216.4 | 3193.5 | 19 |
| State and local governments; short-term municipal securities; liability (1) | FL213162400 | 46.6 | 32.9 | 25.4 | 30.8 | 32.9 | 27.1 | 23.3 | 24.9 | 25.4 | 20 |
| State and local governments; long-term municipal securities; liability | FL213162200 | 3136.7 | 3218.5 | 3168.1 | 3212.5 | 3218.5 | 3197.0 | 3203.6 | 3191.5 | 3168.1 | 21 |
| State and local governments; U.S. government loans; liability | FL213169203 | 22.1 | 22.6 | 23.3 | 22.2 | 22.6 | 22.7 | 22.8 | 22.8 | 23.3 | 22 |
| State and local governments; trade payables; liability | FL213170003 | 1100.9 | 1155.2 | 1217.0 | 1141.1 | 1155.2 | 1169.9 | 1185.4 | 1201.1 | 1217.0 | 23 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) | FL223073045 | 4029.2 | 3501.8 | 4487.0 | 3672.5 | 3501.8 | 3786.4 | 4264.5 | 4570.9 | 4487.0 | 24 |
NOTES
- Debt with original maturity of 13 months or less.
- Included in miscellaneous liabilities.
Last Update: March 9, 2023