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 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| State and local governments; total financial assets | FL214090005 | 4462 | 4586.8 | 4853.5 | 4717.3 | 4739.6 | 4678.4 | 4853.5 | 4884.9 | 4943.4 | 1 |
| State and local governments; checkable deposits and currency; asset | FL213020005 | 345.7 | 360.4 | 375.6 | 359.6 | 353.3 | 351.4 | 375.6 | 378.7 | 367.6 | 2 |
| State and local governments; total time and savings deposits; asset | FL213030000 | 382.9 | 370.5 | 374.3 | 362.1 | 369.9 | 365.3 | 374.3 | 373.2 | 371.3 | 3 |
| State and local governments; money market fund shares; asset | FL213034003 | 55.5 | 65.3 | 72 | 69.6 | 70.4 | 71.5 | 72 | 72.9 | 74.2 | 4 |
| State and local governments; security repurchase agreements; asset | FL212051003 | 199.7 | 204.2 | 220.2 | 213.6 | 215.1 | 210.6 | 220.2 | 222.4 | 226 | 5 |
| State and local governments; debt securities; asset | LM214022005 | 2234.9 | 2289.2 | 2486 | 2400.4 | 2422.1 | 2374.1 | 2486 | 2514.9 | 2556.4 | 6 |
| State and local governments; commercial paper; asset | FL213069103 | 210.1 | 214.7 | 231.6 | 224.6 | 226.2 | 221.5 | 231.6 | 233.9 | 237.8 | 7 |
| State and local governments; Treasury securities, excluding SLGS; asset | LM213061103 | 1269.4 | 1327.3 | 1475.2 | 1401.4 | 1419.6 | 1399.4 | 1475.2 | 1498.4 | 1523.2 | 8 |
| State and local governments; agency- and GSE-backed securities; asset | LM213061703 | 415.4 | 412.2 | 428.7 | 427.2 | 426.6 | 414.1 | 428.7 | 429.2 | 436.3 | 9 |
| State and local governments; municipal securities; asset | LM213062003 | 43.3 | 44.3 | 47.7 | 46.3 | 46.6 | 45.7 | 47.7 | 48.2 | 49 | 10 |
| State and local governments; corporate and foreign bonds; asset | LM213063003 | 296.7 | 290.8 | 302.8 | 300.9 | 303 | 293.4 | 302.8 | 305.1 | 310.2 | 11 |
| State and local governments; loans; asset | FL214023005 | 329 | 319.4 | 316.5 | 322.9 | 313.5 | 312.5 | 316.5 | 315.2 | 325.8 | 12 |
| State and local governments; total mortgages; asset | FL213065005 | 219.3 | 219.5 | 224.9 | 224.7 | 223 | 218.3 | 224.9 | 223.8 | 227.5 | 13 |
| State and local governments; State and local government series securities (MSPD); asset (1) | FL213069200 | 109.7 | 99.9 | 91.5 | 98.2 | 90.5 | 94.2 | 91.5 | 91.4 | 98.3 | 14 |
| State and local governments; corporate equities; asset | LM213064103 | 140.2 | 143.3 | 154.6 | 149.9 | 151 | 147.8 | 154.6 | 156.1 | 158.7 | 15 |
| State and local governments; mutual fund shares; asset | LM213064203 | 79.1 | 80.8 | 87.2 | 84.5 | 85.1 | 83.3 | 87.2 | 88 | 89.5 | 16 |
| State and local governments; trade receivables; asset | FL213070003 | 275.5 | 306.6 | 304.8 | 298.3 | 299.7 | 308.4 | 304.8 | 298.1 | 303 | 17 |
| State and local governments; taxes receivable; asset | FL213078005 | 235.1 | 258.8 | 264.7 | 260.5 | 263.2 | 264.4 | 264.7 | 266.4 | 268.7 | 18 |
| State and local governments; unidentified miscellaneous assets | FL213093003 | 184.2 | 188.3 | 197.7 | 196 | 196.1 | 189.1 | 197.7 | 199 | 202.3 | 19 |
| State and local governments; total liabilities | FL214190005 | 8023.7 | 7783.6 | 7749.2 | 7763.9 | 7774 | 7955.3 | 7749.2 | 7756.6 | 7857.4 | 20 |
| State and local governments; municipal securities; liability | FL213162005 | 3267.3 | 3216 | 3237 | 3220 | 3231.1 | 3224 | 3237 | 3254.3 | 3289.4 | 21 |
| State and local governments; short-term municipal securities; liability (2) | FL213162400 | 32.9 | 25.5 | 26.9 | 24.5 | 23.5 | 26.4 | 26.9 | 27.8 | 26.7 | 22 |
| State and local governments; long-term municipal securities; liability | FL213162200 | 3234.4 | 3190.6 | 3210.1 | 3195.6 | 3207.6 | 3197.6 | 3210.1 | 3226.4 | 3262.7 | 23 |
| State and local governments; U.S. government loans; liability | FL213169203 | 22.6 | 23.3 | 24.3 | 23.6 | 23.7 | 23.9 | 24.3 | 24.6 | 24.9 | 24 |
| State and local governments; trade payables; liability | FL213170003 | 1162.5 | 1227.3 | 1295.9 | 1244.1 | 1261 | 1278.3 | 1295.9 | 1313.8 | 1331.8 | 25 |
| State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (3) | FL223073045 | 3571.3 | 3317 | 3192 | 3276.2 | 3258.2 | 3429.1 | 3192 | 3164 | 3211.3 | 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: September 12, 2024