Board of Governors of the Federal Reserve System

Flow of Funds Guide

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

Billions of dollars; quarterly figures are seasonally adjusted annual rates
LineSeriesDescription2011
Q1
2011
Q2
2011
Q3
2011
Q4
2012
Q1
2012
Q2
2012
Q3
2012
Q4
Line
1FA206902505.QState and local governments; gross value added (Integrated Macroeconomic Accounts)1346.91353.21357.01356.21366.51372.11379.81384.01
2FA206300003.QState and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis)207.9210.8213.9216.8219.2221.7223.6225.02
3FA206902605.QState and local governments; net value added (Integrated Macroeconomic Accounts)1139.01142.31143.11139.41147.31150.41156.21159.03
4FA206025001.QState and local governments; compensation of employees paid (Integrated Macroeconomic Accounts)1152.01155.81157.21154.11162.61166.41172.81176.04
5FA206402101.QState and local governments; operating surplus, net-13.1-13.5-14.1-14.7-15.4-16.1-16.7-17.05
6FA206140005.QState and local governments; net national income/balance of primary incomes, net (Integrated Macroeconomic Accounts)946.5954.2952.8959.3973.1972.1967.5 6
7FA206402101.QState and local governments; operating surplus, net-13.1-13.5-14.1-14.7-15.4-16.1-16.7-17.07
8FA206240001.QState and local governments; taxes on production and imports, receivable (Integrated Macroeconomic Accounts)982.1990.7990.1998.81015.21015.71012.31014.28
9FA206402015.QState and local governments; subsidies paid (with negative sign) (Integrated Macroeconomic Accounts)-0.9-0.4-0.4-0.4-0.5-0.5-0.5-0.59
10FA206150175.QState and local governments; property income received, net (Integrated Macroeconomic Accounts)-21.7-22.6-22.8-24.4-26.2-27.1-27.6 10
11FA206140005.QState and local governments; net national income/balance of primary incomes, net (Integrated Macroeconomic Accounts)946.5954.2952.8959.3973.1972.1967.5 11
12FA206220005.QState and local governments; current taxes on income, wealth, etc. received (Integrated Macroeconomic Accounts)368.1373.8368.8370.7376.0380.4383.5 12
13FA206601001.QState and local governments; contributions for government social insurance received18.418.418.318.117.817.517.317.213
14FA206404001.QState and local governments; social contributions paid552.0542.9531.4527.9534.4551.6563.7568.814
15FA206403105.QState and local governments; other current transfer received631.7642.2595.4581.6571.1583.4587.8597.515
16FA206012005.QState and local governments; disposable income, net (Integrated Macroeconomic Accounts)1412.71445.61404.01401.91403.71401.81392.4 16
17FA206901001.QState and local governments; consumption expenditures1511.41520.31522.01518.41531.41525.51532.41534.417
18FA206006095.QState and local governments; net saving including net capital transfers paid (Integrated Macroeconomic Accounts)-98.7-74.6-118.0-116.5-127.6-123.7-140.0 18
19FA206006395.QState and local governments; net saving less net capital transfers paid (Integrated Macroeconomic Accounts)-27.4-2.9-45.1-42.4-59.1-53.3-68.4 19
20FA206006095.QState and local governments; net saving including net capital transfers paid (Integrated Macroeconomic Accounts)-98.7-74.6-118.0-116.5-127.6-123.7-140.0 20
21FA205440005.QState and local governments; net capital transfers paid-71.2-71.7-72.9-74.1-68.5-70.4-71.6-71.921
22FA205050905.QState and local governments; capital formation, net (Integrated Macroeconomic Accounts)125.0118.3115.8115.9107.5106.8106.7103.722
23FA205019003.QState and local governments; gross fixed investment321.5317.7318.3321.3315.5317.5319.5318.123
24FA206300003.QState and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis)207.9210.8213.9216.8219.2221.7223.6225.024
25FA205420003.QState and local governments; acquisition of nonproduced nonfinancial assets (net)11.511.511.511.411.211.010.810.625
26FA205000995.QState and local governments; net lending (+) or borrowing (-) (capital account) (Integrated Macroeconomic Accounts)-152.5-121.2-160.9-158.3-166.6-160.0-175.1 26
27FA205000995.QState and local governments; net lending (+) or borrowing (-) (capital account) (Integrated Macroeconomic Accounts)-152.5-121.2-160.9-158.3-166.6-160.0-175.1 27
28FA214090005.QState and local governments, excluding employee retirement funds; total financial assets-183.0-139.1-105.3-135.3-107.3-6.8-121.4-219.828
29FA214000005.QState and local governments, excluding employee retirement funds; total currency and deposits; asset7.041.728.550.9-5.926.936.1-4.729
30FA213020005.QState and local governments, excluding employee retirement funds; checkable deposits and currency; asset17.221.211.916.7-8.8-8.0-6.6-11.630
31FA213030005.QState and local governments, excluding employee retirement funds; total time and savings deposits; asset-10.220.516.634.23.034.942.76.931
32FA214022005.QState and local governments, excluding employee retirement funds; debt securities; asset-58.4-74.6-128.1-73.6-62.01.7-0.1-76.332
33FA213069103.QState and local governments, excluding employee retirement funds; commercial paper; asset43.643.7-8.016.2-3.4-3.9-5.4-11.933
34FA213061105.QState and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset-55.0-70.7-58.3-29.9-10.925.8-6.5-41.934
35FA213061703.QState and local governments, excluding employee retirement funds; agency- and GSE-backed securities;; asset-40.8-41.2-51.1-54.8-43.2-15.019.0-6.435
36FA213062003.QState and local governments, excluding employee retirement funds; municipal securities and loans; asset0.20.2-0.8-0.4-0.3-0.4-0.5-1.236
37FA213063003.QState and local governments, excluding employee retirement funds; corporate and foreign bonds; asset-6.5-6.6-10.0-4.7-4.2-4.8-6.7-14.937
38FA214035005.QState and local governments, excluding employee retirement funds; total loans including security repurchase agreements; asset-13.1-18.5-19.6-9.3-8.3-9.5-9.2-25.238
39FA212050003.QState and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset-11.1-11.1-7.4-3.5-3.1-3.6-5.0-11.039
40FA213065005.QState and local governments, excluding employee retirement funds; total mortgages; asset-2.0-7.3-12.2-5.8-5.2-5.9-4.3-14.340
41FA213081005.QState and local governments, excluding employee retirement funds; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)-35.6-6.253.1-58.9-61.37.2-35.9-24.241
42FA213034003.QState and local governments, excluding employee retirement funds; money market mutual fund shares; asset0.30.1-9.3-4.4-3.9-4.5-6.3-13.942
43FA213064103.QState and local governments, excluding employee retirement funds; corporate equities; asset-25.7-5.941.2-35.9-37.87.7-19.5-6.843
44FA213064203.QState and local governments, excluding employee retirement funds; mutual fund shares; asset-10.2-0.421.2-18.5-19.54.0-10.1-3.544
45FA213096005.QState and local governments, excluding employee retirement funds; other accounts receivable; asset (Integrated Macroeconomic Accounts)-82.8-81.6-39.1-44.430.1-33.2-112.4-89.545
46FA213070003.QState and local governments, excluding employee retirement funds; trade receivables; asset-19.5-19.20.00.00.00.00.00.046
47FA213078005.QState and local governments, excluding employee retirement funds; taxes receivable; asset8.84.37.57.012.45.410.27.847
48FA213093005.QState and local governments, excluding employee retirement funds; unidentified miscellaneous assets-72.1-66.7-46.6-51.417.8-38.6-122.6-97.248
49FA214190005.QState and local governments, excluding employee retirement funds; total liabilities-45.6-43.235.73.039.4133.337.7-70.649
50FA213162005.QState and local governments, excluding employee retirement funds; municipal securities and loans; liability-86.0-84.1-5.6-38.6-1.692.0-2.4-110.750
51FA213162400.QState and local governments, excluding employee retirement funds; short-term municipal securities and loans; liability-11.9-25.713.9-18.8-3.436.315.2-32.951
52FA213162200.QState and local governments, excluding employee retirement funds; long-term municipal securities and loans; liability-74.1-58.4-19.5-19.81.955.7-17.6-77.852
53FA213169203.QState and local governments, excluding employee retirement funds; U.S. government loans; liability0.40.81.11.20.51.1-0.4-0.453
54FA213170003.QState and local governments, excluding employee retirement funds; trade payables; liability40.040.140.340.440.440.340.540.554
55FA215000005.QState and local governments, excluding employee retirement funds; net lending (+) or borrowing (-) (financial account)-137.4-95.9-141.0-138.3-146.7-140.1-159.1-149.355
56FU218090185.QState and local governments, excluding employee retirement funds; total other volume changes (Integrated Macroeconomic Accounts)5.515.751.2-63.6-0.2-11.483.3-70.756
57FU215404003.QState and local governments, excluding employee retirement funds; disaster losses0.00.00.00.00.00.00.08.257
58FU218090085.QState and local governments, excluding employee retirement funds; other volume changes (Integrated Macroeconomic Accounts)12.4-4.2-16.5-3.016.4-6.8-16.8-18.158
59FU217005045.QState and local governments, excluding employee retirement funds; statistical discrepancy (Integrated Macroeconomic Accounts)6.9-19.8-67.660.616.64.7-100.160.959
60FD212010795.QState and local governments, excluding employee retirement funds; revaluation of nonfinancial assets adjusted to exclude disaster-related losses (Integrated Macroeconomic Accounts)67.0106.1118.4123.185.191.258.053.160
61FD215014765.QState and local governments, excluding employee retirement funds; total residenital and nonresidential structures excluding disaster-related losses on structures65.8104.2116.5122.083.389.456.552.961
62FD215013265.QState and local governments, excluding employee retirement funds; nonresidential equipment and software, current cost basis1.31.81.91.11.81.81.50.262
63FD213081005.QState and local governments, excluding employee retirement funds; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)6.9-0.5-17.612.713.5-3.96.0-0.463
64FD218200705.QState and local governments, excluding employee retirement funds; changes in net worth due to nominal holding gains/losses, excluding-disaster related losses on structures (Integrated Macroeconomic Accounts)73.9105.5100.8135.798.687.364.052.764
65FR212090095.QState and local governments, excluding employee retirement funds; net worth (Integrated Macroeconomic Accounts)68.8121.893.3111.485.592.350.514.565
66FL212000095.QState and local governments, excluding employee retirement funds; total assets (does not include land)10884.210982.011075.111208.011304.711414.111466.711485.866
67FL212010095.QState and local governments, excluding employee retirement funds; nonfinancial assets (does not include land)8589.58722.38866.79016.09125.29240.39322.39390.467
68FL215014665.QState and local governments, excluding employee retirement funds; total residenital and nonresidential structures8292.28421.48562.28708.88814.78926.39005.19070.968
69FL215013265.QState and local governments, excluding employee retirement funds; nonresidential equipment and software, current cost basis297.3300.9304.5307.1310.5314.1317.2319.569
70FL214090005.QState and local governments, excluding employee retirement funds; total financial assets2294.72259.82208.42192.02179.52173.72144.42095.470
71FL214000005.QState and local governments, excluding employee retirement funds; total currency and deposits; asset345.8343.4349.8377.9394.2388.0396.2410.271
72FL213020005.QState and local governments, excluding employee retirement funds; checkable deposits and currency; asset103.8108.6108.2121.4119.0117.1111.8118.072
73FL213030005.QState and local governments, excluding employee retirement funds; total time and savings deposits; asset242.0234.8241.6256.5275.2271.0284.4292.273
74FL214022005.QState and local governments, excluding employee retirement funds; debt securities; asset1106.01087.81049.61035.91021.31021.51015.51001.874
75FL213069103.QState and local governments, excluding employee retirement funds; commercial paper; asset55.065.963.968.067.166.164.861.875
76FL213061105.QState and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset526.0508.7487.9485.2483.4489.6482.0476.976
77FL213061703.QState and local governments, excluding employee retirement funds; agency- and GSE-backed securities;; asset373.5363.2350.4336.7325.9322.2326.9325.377
78FL213062003.QState and local governments, excluding employee retirement funds; municipal securities and loans; asset11.111.211.010.910.810.710.610.378
79FL213063003.QState and local governments, excluding employee retirement funds; corporate and foreign bonds; asset140.5138.8136.3135.2134.1132.9131.2127.579
80FL214035005.QState and local governments, excluding employee retirement funds; total loans including security repurchase agreements; asset272.3267.7262.8260.5258.4256.1253.7247.480
81FL212050003.QState and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset105.1102.4100.599.698.998.096.794.081
82FL213065005.QState and local governments, excluding employee retirement funds; total mortgages; asset167.2165.4162.3160.8159.5158.1157.0153.482
83FL213081005.QState and local governments, excluding employee retirement funds; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)244.0241.9237.5235.5233.6231.5228.6222.183
84FL213034003.QState and local governments, excluding employee retirement funds; money market mutual fund shares; asset129.8129.8127.5126.3125.4124.2122.7119.284
85FL213064103.QState and local governments, excluding employee retirement funds; corporate equities; asset75.874.072.772.071.570.869.967.985
86FL213064203.QState and local governments, excluding employee retirement funds; mutual fund shares; asset38.438.137.437.136.836.536.035.086
87FL213096005.QState and local governments, excluding employee retirement funds; other accounts receivable; asset (Integrated Macroeconomic Accounts)326.6319.0308.7282.2272.0276.6250.4213.987
88FL213070003.QState and local governments, excluding employee retirement funds; trade receivables; asset4.80.00.00.00.00.00.00.088
89FL213078005.QState and local governments, excluding employee retirement funds; taxes receivable; asset104.6110.9109.7110.0111.9114.1112.3112.389
90FL213093005.QState and local governments, excluding employee retirement funds; unidentified miscellaneous assets217.2208.2199.0172.2160.1162.6138.1101.690
91FL212100005.QState and local governments, excluding employee retirement funds; total liabilities and net worth (Integrated Macroeconomic Accounts)10884.210982.011075.111208.011304.711414.111466.711485.891
92FL214190005.QState and local governments, excluding employee retirement funds; total liabilities3700.43676.43676.33697.83709.03726.03728.13732.792
93FL213162005.QState and local governments, excluding employee retirement funds; municipal securities and loans; liability3003.62969.42958.92970.02970.92977.72969.72964.393
94FL213162400.QState and local governments, excluding employee retirement funds; short-term municipal securities and loans; liability60.137.648.152.351.943.455.756.194
95FL213162200.QState and local governments, excluding employee retirement funds; long-term municipal securities and loans; liability2943.52931.72910.82917.62919.02934.32914.02908.295
96FL213169203.QState and local governments, excluding employee retirement funds; U.S. government loans; liability14.514.715.015.315.415.715.615.596
97FL213170003.QState and local governments, excluding employee retirement funds; trade payables; liability682.3692.4702.4712.5722.6732.7742.8752.997
98FL212090095.QState and local governments, excluding employee retirement funds; net worth (Integrated Macroeconomic Accounts)7183.87305.67398.87510.27595.77688.17738.67753.198

Last update: March 7, 2013