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 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 Line
State and local governments; total financial assets FL214090005 3873.1 4423.4 4481.2 4365.2 4435.9 4385.8 4481.2 4595.5 4615.6 1
State and local governments; checkable deposits and currency; asset FL213020005 229.9 345.7 360.4 351.2 361 353.4 360.4 359.4 352.6 2
State and local governments; total time and savings deposits; asset FL213030000 413.6 382.9 370.5 375.7 354.2 353.3 370.5 362 369.8 3
State and local governments; money market fund shares; asset FL213034003 40 55.3 65.1 56 57.7 60.3 65.1 71.3 74.3 4
State and local governments; security repurchase agreements; asset FL212051003 179.2 189.2 199.3 191.7 194.2 196.8 199.3 201.8 204.3 5
State and local governments; debt securities; asset LM214022005 1898.1 2151.8 2231.3 2100.2 2225.1 2187.2 2231.3 2335.6 2332.5 6
State and local governments; commercial paper; asset FL213069103 77.1 81.1 85.2 82.1 83.2 84.2 85.2 86.2 87.2 7
State and local governments; Treasury securities, including SLGS; asset LM213061105 1111.9 1440.7 1563.3 1420 1555.5 1529.4 1563.3 1648.9 1645.8 8
State and local governments; agency- and GSE-backed securities; asset LM213061703 466.5 415.3 410.1 406.3 408.9 406.6 410.1 420.4 417.4 9
State and local governments; municipal securities; asset LM213062003 18.6 22.2 25.9 22.1 22.7 23.3 25.9 28.5 30.4 10
State and local governments; corporate and foreign bonds; asset LM213063003 223.9 192.4 146.9 169.7 155 143.7 146.9 151.8 151.7 11
State and local governments; total mortgages; asset FL213065005 261.4 269 276.6 270.9 272.8 274.7 276.6 278.5 280.5 12
State and local governments; corporate equities; asset LM213064103 250 306.4 239.3 288 237.7 225.1 239.3 254.7 274.2 13
State and local governments; mutual fund shares; asset LM213064203 112.8 128 105.6 120.2 105.1 99.5 105.6 111.2 116.1 14
State and local governments; trade receivables; asset FL213070003 229.6 265.3 291 278.9 289.9 289.6 291 283.8 285.7 15
State and local governments; taxes receivable; asset FL213078005 196.5 202.8 214.2 205.7 209.2 211.5 214.2 215.9 218.7 16
State and local governments; unidentified miscellaneous assets FL213093003 61.9 127 127.9 126.7 128.9 134.4 127.9 121.3 107 17
State and local governments; total liabilities FL214190005 8225.5 8049.9 8689.4 8206.4 8546.1 8852.5 8689.4 8629.2 8667.5 18
State and local governments; municipal securities; liability FL213162005 3188.2 3257.4 3204.2 3233.8 3237.2 3227.1 3204.2 3207.9 3218.4 19
State and local governments; short-term municipal securities; liability (1) FL213162400 46.6 32.9 25.4 27.1 23.3 24.9 25.4 24.6 23.7 20
State and local governments; long-term municipal securities; liability FL213162200 3141.6 3224.5 3178.7 3206.7 3213.9 3202.2 3178.7 3183.3 3194.7 21
State and local governments; U.S. government loans; liability FL213169203 22.1 22.6 23.3 22.7 22.8 22.8 23.3 23.6 23.7 22
State and local governments; trade payables; liability FL213170003 1100.9 1155.2 1217 1169.9 1185.4 1201.1 1217 1233.1 1249.3 23
State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (2) FL223073045 3914.3 3614.7 4244.9 3780 4100.7 4401.6 4244.9 4164.6 4176.1 24

NOTES

  1. Debt with original maturity of 13 months or less.
  2. Included in miscellaneous liabilities.
Last Update: September 11, 2023