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 | 2021 | 2022 | 2023 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local governments; total financial assets | FL214090005 | 4440.3 | 4492.9 | 4751.5 | 4397.5 | 4492.9 | 4606.6 | 4626.8 | 4562.8 | 4751.5 | 1 |
| State and local governments; checkable deposits and currency; asset | FL213020005 | 345.7 | 360.4 | 375.1 | 353.4 | 360.4 | 359.6 | 353 | 351.1 | 375.1 | 2 |
| State and local governments; total time and savings deposits; asset | FL213030000 | 382.9 | 370.5 | 374.2 | 353.3 | 370.5 | 362.1 | 369.9 | 365.3 | 374.2 | 3 |
| State and local governments; money market fund shares; asset | FL213034003 | 55.3 | 65.1 | 80.6 | 60.3 | 65.1 | 71.3 | 74.3 | 77.6 | 80.6 | 4 |
| State and local governments; security repurchase agreements; asset | FL212051003 | 189.2 | 199.3 | 209.3 | 196.8 | 199.3 | 201.8 | 204.3 | 206.8 | 209.3 | 5 |
| State and local governments; debt securities; asset | LM214022005 | 2042.1 | 2131.4 | 2279.1 | 2078 | 2131.4 | 2235.5 | 2235 | 2174.6 | 2279.1 | 6 |
| State and local governments; commercial paper; asset | FL213069103 | 81.1 | 85.2 | 89.2 | 84.2 | 85.2 | 86.2 | 87.2 | 88.2 | 89.2 | 7 |
| State and local governments; Treasury securities, excluding SLGS; asset | LM213061103 | 1331 | 1463.4 | 1588.8 | 1420.2 | 1463.4 | 1548.7 | 1548.3 | 1504.1 | 1588.8 | 8 |
| State and local governments; agency- and GSE-backed securities; asset | LM213061703 | 415.3 | 410.1 | 422.9 | 406.6 | 410.1 | 420.4 | 417.4 | 411.3 | 422.9 | 9 |
| State and local governments; municipal securities; asset | LM213062003 | 22.2 | 25.9 | 26.3 | 23.3 | 25.9 | 28.5 | 30.4 | 26.9 | 26.3 | 10 |
| State and local governments; corporate and foreign bonds; asset | LM213063003 | 192.4 | 146.9 | 152 | 143.7 | 146.9 | 151.8 | 151.7 | 144.1 | 152 | 11 |
| State and local governments; loans; asset | FL214023005 | 378.7 | 376.5 | 376 | 383.9 | 376.5 | 376.7 | 371 | 376.6 | 376 | 12 |
| State and local governments; total mortgages; asset | FL213065005 | 269 | 276.6 | 284.5 | 274.7 | 276.6 | 278.5 | 280.5 | 282.5 | 284.5 | 13 |
| State and local governments; State and local government series securities (MSPD); asset (1) | FL213069200 | 109.7 | 99.9 | 91.5 | 109.2 | 99.9 | 98.2 | 90.5 | 94.2 | 91.5 | 14 |
| State and local governments; corporate equities; asset | LM213064103 | 306.4 | 239.3 | 293.2 | 225.1 | 239.3 | 254.7 | 274.2 | 263.3 | 293.2 | 15 |
| State and local governments; mutual fund shares; asset | LM213064203 | 128 | 105.6 | 122.6 | 99.5 | 105.6 | 111.2 | 116.1 | 112.4 | 122.6 | 16 |
| State and local governments; trade receivables; asset | FL213070003 | 275.5 | 295.9 | 309.6 | 294.6 | 295.9 | 287.8 | 289.7 | 298.1 | 309.6 | 17 |
| State and local governments; taxes receivable; asset | FL213078005 | 209.5 | 220.9 | 226.3 | 218.2 | 220.9 | 222.6 | 225.4 | 227 | 226.3 | 18 |
| State and local governments; unidentified miscellaneous assets | FL213093003 | 127 | 127.9 | 105.5 | 134.4 | 127.9 | 123.3 | 114 | 110.1 | 105.5 | 19 |
| State and local governments; total liabilities | FL214190005 | 7983.5 | 7666.4 | 7489.5 | 8105.8 | 7666.4 | 7620.2 | 7603.4 | 7808.7 | 7489.5 | 20 |
| State and local governments; municipal securities; liability | FL213162005 | 3262.8 | 3210.4 | 3230.6 | 3232.7 | 3210.4 | 3214.3 | 3225.1 | 3217.7 | 3230.6 | 21 |
| State and local governments; short-term municipal securities; liability (2) | FL213162400 | 32.9 | 25.5 | 27 | 24.9 | 25.5 | 24.6 | 23.7 | 26.5 | 27 | 22 |
| State and local governments; long-term municipal securities; liability | FL213162200 | 3229.8 | 3184.9 | 3203.7 | 3207.8 | 3184.9 | 3189.7 | 3201.4 | 3191.2 | 3203.7 | 23 |
| State and local governments; U.S. government loans; liability | FL213169203 | 22.6 | 23.3 | 24.3 | 22.9 | 23.3 | 23.6 | 23.7 | 23.9 | 24.3 | 24 |
| State and local governments; trade payables; liability | FL213170003 | 1162.5 | 1227.3 | 1295.8 | 1210.7 | 1227.3 | 1244.1 | 1261 | 1278.3 | 1295.8 | 25 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (3) | FL223073045 | 3535.6 | 3205.3 | 2938.8 | 3639.5 | 3205.3 | 3138.2 | 3093.5 | 3288.9 | 2938.8 | 26 |
NOTES
- State and Local Government Series (SLGS) nonmarketable Treasury securities classified as loans.
- Debt with original maturity of 13 months or less.
- Included in miscellaneous liabilities.
Last Update: March 7, 2024