Board of Governors of the Federal Reserve System

Financial Accounts Guide

S.8.Q State and Local Governments Table Description Table PDF

Billions of dollars; quarterly figures are seasonally adjusted annual rates
LineSeriesDescription2012
Q4
2013
Q1
2013
Q2
2013
Q3
2013
Q4
2014
Q1
2014
Q2
2014
Q3
Line
1FA206902505.QState and local governments; gross value added (Integrated Macroeconomic Accounts)1504.01513.11521.91529.31534.61543.31552.71561.91
2FA206300003.QState and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis)234.1235.6237.3239.3241.4243.1244.7246.52
3FA206902605.QState and local governments; net value added (Integrated Macroeconomic Accounts)1269.81277.51284.61290.11293.21300.21308.01315.43
4FA206025001.QState and local governments; compensation of employees paid (Integrated Macroeconomic Accounts)1285.31292.31299.01304.21307.31314.31322.31330.04
5FA206402101.QState and local governments; operating surplus, net-15.4-14.8-14.4-14.1-14.1-14.1-14.3-14.75
6FA206140005.QState and local governments; net national income/balance of primary incomes, net (Integrated Macroeconomic Accounts)878.1896.3896.6912.7919.1920.8934.7943.66
7FA206402101.QState and local governments; operating surplus, net-15.4-14.8-14.4-14.1-14.1-14.1-14.3-14.77
8FA206240001.QState and local governments; taxes on production and imports, receivable (Integrated Macroeconomic Accounts)1022.91035.61032.31046.21052.21052.51064.61071.48
9FA206402015.QState and local governments; subsidies paid (with negative sign) (Integrated Macroeconomic Accounts)-0.5-0.5-0.5-0.5-0.5-0.5-0.5-0.59
10FA206150175.QState and local governments; property income received, net (Integrated Macroeconomic Accounts)-128.9-124.1-120.8-118.9-118.6-117.0-115.1-112.710
11FA206140005.QState and local governments; net national income/balance of primary incomes, net (Integrated Macroeconomic Accounts)878.1896.3896.6912.7919.1920.8934.7943.611
12FA206220005.QState and local governments; current taxes on income, wealth, etc. received (Integrated Macroeconomic Accounts)428.9438.8435.8421.4424.9427.3415.8423.212
13FA206601001.QState and local governments; contributions for government social insurance received17.617.717.717.717.717.717.717.613
14FA206404001.QState and local governments; social contributions paid550.5552.1561.9574.5573.3592.5607.8635.814
15FA206403105.QState and local governments; other current transfer received565.2554.7570.4583.2574.9593.1629.1648.315
16FA206012005.QState and local governments; disposable income, net (Integrated Macroeconomic Accounts)1339.31355.31358.61360.41363.31366.51389.51396.916
17FA206901001.QState and local governments; consumption expenditures1562.41573.31579.71590.21594.91607.41616.61628.617
18FA206006095.QState and local governments; net saving including net capital transfers paid (Integrated Macroeconomic Accounts)-223.1-218.0-221.1-229.9-231.6-240.9-227.1-231.818
19FA206006395.QState and local governments; net saving less net capital transfers paid (Integrated Macroeconomic Accounts)-141.9-145.9-152.0-154.7-161.6-170.6-155.0-155.119
20FA206006095.QState and local governments; net saving including net capital transfers paid (Integrated Macroeconomic Accounts)-223.1-218.0-221.1-229.9-231.6-240.9-227.1-231.820
21FA205440005.QState and local governments; net capital transfers paid-81.2-72.1-69.1-75.2-70.0-70.3-72.2-76.721
22FA205050905.QState and local governments; capital formation, net (Integrated Macroeconomic Accounts)99.094.1100.3100.299.189.199.799.422
23FA205019003.QState and local governments; gross fixed investment324.4320.7328.5330.5331.6323.6336.1337.823
24FA206300003.QState and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis)234.1235.6237.3239.3241.4243.1244.7246.524
25FA205420003.QState and local governments; acquisition of nonproduced nonfinancial assets (net)8.89.09.09.08.98.68.48.225
26FA205000995.QState and local governments; net lending (+) or borrowing (-) (capital account) (Integrated Macroeconomic Accounts)-240.9-240.0-252.3-254.9-260.7-259.7-254.7-254.526
27FA205000995.QState and local governments; net lending (+) or borrowing (-) (capital account) (Integrated Macroeconomic Accounts)-240.9-240.0-252.3-254.9-260.7-259.7-254.7-254.527
28FA214090005.QState and local governments, excluding employee retirement funds; total financial assets25.9172.8-10.3-83.0-7.9123.8-264.0-90.328
29FA214000005.QState and local governments, excluding employee retirement funds; total currency and deposits; asset11.824.9-15.353.313.557.8-8.758.029
30FA213020005.QState and local governments, excluding employee retirement funds; checkable deposits and currency; asset-12.38.8-8.124.11.99.92.519.130
31FA213030005.QState and local governments, excluding employee retirement funds; total time and savings deposits; asset24.216.1-7.229.111.547.9-11.238.931
32FA214022005.QState and local governments, excluding employee retirement funds; debt securities; asset-9.666.9-18.5-140.1-43.713.5-185.4-106.332
33FA213069103.QState and local governments, excluding employee retirement funds; commercial paper; asset-9.0-2.6-9.0-11.6-9.4-5.0-20.4-14.833
34FA213061105.QState and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset17.636.78.1-89.3-13.61.0-42.3-18.434
35FA213061703.QState and local governments, excluding employee retirement funds; agency- and GSE-backed securities; asset-19.018.5-18.6-34.3-20.96.9-94.3-58.435
36FA213062003.QState and local governments, excluding employee retirement funds; municipal securities and loans; asset0.11.10.1-0.40.00.8-2.1-1.136
37FA213063003.QState and local governments, excluding employee retirement funds; corporate and foreign bonds; asset0.613.30.9-4.50.19.8-26.2-13.737
38FA214035005.QState and local governments, excluding employee retirement funds; total loans including security repurchase agreements; asset5.230.25.3-5.73.522.7-49.7-24.738
39FA212050003.QState and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset2.812.33.0-1.12.59.9-17.9-8.339
40FA213065005.QState and local governments, excluding employee retirement funds; total mortgages; asset2.417.82.3-4.61.012.9-31.8-16.340
41FA213081005.QState and local governments, excluding employee retirement funds; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)3.525.73.9-5.62.619.7-44.2-22.141
42FA213034003.QState and local governments, excluding employee retirement funds; money market mutual fund shares; asset2.915.03.2-2.02.511.8-23.1-11.042
43FA213064103.QState and local governments, excluding employee retirement funds; corporate equities; asset0.37.10.5-2.40.15.2-14.0-7.343
44FA213064203.QState and local governments, excluding employee retirement funds; mutual fund shares; asset0.23.60.2-1.20.02.7-7.2-3.844
45FA213096005.QState and local governments, excluding employee retirement funds; other accounts receivable; asset (Integrated Macroeconomic Accounts)15.025.214.415.016.310.124.04.745
46FA213070003.QState and local governments, excluding employee retirement funds; trade receivables; asset3.67.012.19.55.02.012.99.446
47FA213078005.QState and local governments, excluding employee retirement funds; taxes receivable; asset6.35.4-2.93.66.5-2.923.5-0.247
48FA213093003.QState and local governments, excluding employee retirement funds; unidentified miscellaneous assets5.012.85.21.94.811.0-12.4-4.448
49FA214190005.QState and local governments, excluding employee retirement funds; total liabilities248.6402.4252.8246.6260.9409.4189.1260.349
50FA213162005.QState and local governments, excluding employee retirement funds; municipal securities and loans; liability-79.056.0-4.8-109.9-99.1-39.035.2-84.050
51FA213162400.QState and local governments, excluding employee retirement funds; short-term municipal securities and loans; liability-16.5-2.9-4.6-17.8-18.1-5.016.0-33.551
52FA213162200.QState and local governments, excluding employee retirement funds; long-term municipal securities and loans; liability-62.558.9-0.1-92.0-80.9-34.019.2-50.552
53FA213169203.QState and local governments, excluding employee retirement funds; U.S. government loans; liability0.51.3-0.20.50.60.20.50.353
54FA223073045.QState and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset288.2305.9218.3316.2319.3408.2112.7302.954
55FA213170003.QState and local governments, excluding employee retirement funds; trade payables; liability38.939.139.539.940.040.040.741.155
56FA215000005.QState and local governments, excluding employee retirement funds; net lending (+) or borrowing (-) (financial account)-222.7-229.5-263.1-329.6-268.8-285.6-453.1-350.656
57FV218090185.QState and local governments, excluding employee retirement funds; total other volume changes (Integrated Macroeconomic Accounts)-46.3256.765.5178.7175.833.546.64.157
58FV212010095.QState and local governments, excluding employee retirement funds; nonfinancial assets (does not include land)-7.60.00.00.00.00.00.00.058
59FV218090085.QState and local governments, excluding employee retirement funds; other volume changes (Integrated Macroeconomic Accounts)3.5257.372.4141.6226.349.6120.2-50.159
60FU217005045.QState and local governments, excluding employee retirement funds; statistical discrepancy (Integrated Macroeconomic Accounts)42.20.66.9-37.150.416.173.7-54.260
61FR212010095.QState and local governments, excluding employee retirement funds; nonfinancial assets (does not include land)20.445.950.761.167.647.641.554.861
62FR215014665.QState and local governments, excluding employee retirement funds; total residenital and nonresidential structures20.646.050.260.166.447.141.054.462
63FR215013265.QState and local governments, excluding employee retirement funds; nonresidential equipment, current cost basis-0.3-0.60.20.71.00.60.40.463
64FR215013765.QState and local governments, excluding employee retirement funds; nonresidential intellectual property products, current cost basis0.10.40.40.30.3-0.10.10.064
65FR213081005.QState and local governments, excluding employee retirement funds; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)-0.614.53.27.913.32.16.1-0.765
66FR218200005.QState and local governments, excluding employee retirement funds; changes in net worth due to nominal holding gains/losses (Integrated Macroeconomic Accounts)19.960.453.969.081.049.747.654.166
67FC212090095.QState and local governments, excluding employee retirement funds; net worth (Integrated Macroeconomic Accounts)-16.3263.395.7163.4264.927.887.2-48.467
68FL212000095.QState and local governments, excluding employee retirement funds; total assets (does not include land)12271.312389.912465.012527.312641.212742.012739.312790.868
69FL212010095.QState and local governments, excluding employee retirement funds; nonfinancial assets (does not include land)9388.39455.59529.09612.99703.29770.99835.29912.969
70FL215014665.QState and local governments, excluding employee retirement funds; total residenital and nonresidential structures9026.89093.59165.79247.79335.69402.19465.09541.370
71FL215013265.QState and local governments, excluding employee retirement funds; nonresidential equipment, current cost basis246.5245.5245.6246.3247.6248.1248.5249.071
72FL215013765.QState and local governments, excluding employee retirement funds; nonresidential intellectual property products, current cost basis115.1116.5117.8118.9120.0120.7121.7122.672
73FL214090005.QState and local governments, excluding employee retirement funds; total financial assets2883.02934.52936.02914.32938.12971.02904.02877.973
74FL214000005.QState and local governments, excluding employee retirement funds; total currency and deposits; asset406.7408.0402.9414.0425.8435.2432.0444.274
75FL213020005.QState and local governments, excluding employee retirement funds; checkable deposits and currency; asset117.2114.4111.2114.9123.9121.3120.9123.475
76FL213030005.QState and local governments, excluding employee retirement funds; total time and savings deposits; asset289.5293.5291.8299.0301.9313.9311.1320.876
77FL214022005.QState and local governments, excluding employee retirement funds; debt securities; asset1382.21398.81395.11353.91348.31351.41305.91273.277
78FL213069103.QState and local governments, excluding employee retirement funds; commercial paper; asset85.184.482.279.377.075.770.666.978
79FL213061105.QState and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset608.2617.3620.2591.7593.6593.6583.9573.279
80FL213061703.QState and local governments, excluding employee retirement funds; agency- and GSE-backed securities; asset505.0509.6505.0496.4491.2492.9469.3454.780
81FL213062003.QState and local governments, excluding employee retirement funds; municipal securities and loans; asset13.714.014.013.913.914.113.613.381
82FL213063003.QState and local governments, excluding employee retirement funds; corporate and foreign bonds; asset170.2173.5173.7172.6172.6175.1168.5165.182
83FL214035005.QState and local governments, excluding employee retirement funds; total loans including security repurchase agreements; asset339.3346.5347.5345.9346.5352.0339.4333.183
84FL212050003.QState and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset128.4131.5132.2131.9132.6135.0130.5128.584
85FL213065005.QState and local governments, excluding employee retirement funds; total mortgages; asset210.9215.1215.3213.9214.0217.0208.9204.685
86FL213081005.QState and local governments, excluding employee retirement funds; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)370.0390.9395.1401.6415.6422.7417.8411.586
87FL213034003.QState and local governments, excluding employee retirement funds; money market mutual fund shares; asset162.0165.7166.5166.0166.7169.6163.8161.187
88FL213064103.QState and local governments, excluding employee retirement funds; corporate equities; asset140.7152.0154.3158.9167.7170.4171.0168.788
89FL213064203.QState and local governments, excluding employee retirement funds; mutual fund shares; asset67.373.274.376.781.282.682.981.789
90FL213096005.QState and local governments, excluding employee retirement funds; other accounts receivable; asset (Integrated Macroeconomic Accounts)384.8390.2395.3398.9401.8409.8409.0415.990
91FL213070003.QState and local governments, excluding employee retirement funds; trade receivables; asset159.1160.8163.8166.2167.5168.0171.2173.591
92FL213078005.QState and local governments, excluding employee retirement funds; taxes receivable; asset121.3121.8122.6123.4123.8128.6127.6133.392
93FL213093003.QState and local governments, excluding employee retirement funds; unidentified miscellaneous assets104.4107.6108.9109.4110.6113.3110.2109.193
94FL212100005.QState and local governments, excluding employee retirement funds; total liabilities and net worth (Integrated Macroeconomic Accounts)12271.312389.912465.012527.312641.212742.012739.312790.894
95FL214190005.QState and local governments, excluding employee retirement funds; total liabilities5348.45203.85183.15082.04931.05003.94914.05014.095
96FL213162005.QState and local governments, excluding employee retirement funds; municipal securities and loans; liability2964.32978.92970.42937.02924.92915.52918.02891.896
97FL213162400.QState and local governments, excluding employee retirement funds; short-term municipal securities and loans; liability56.154.539.446.045.343.033.637.097
98FL213162200.QState and local governments, excluding employee retirement funds; long-term municipal securities and loans; liability2908.22924.42931.02891.02879.62872.52884.42854.898
99FL213169203.QState and local governments, excluding employee retirement funds; U.S. government loans; liability15.716.016.016.116.216.316.416.599
100FL223073045.QState and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset1622.21452.91430.91353.11204.11276.31173.61289.5100
101FL213170003.QState and local governments, excluding employee retirement funds; trade payables; liability746.2755.9765.8775.8785.8795.8806.0816.2101
102FL212090095.QState and local governments, excluding employee retirement funds; net worth (Integrated Macroeconomic Accounts)6922.97186.27281.97445.37710.27738.17825.37776.9102

Last update: March 6, 2014