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
LineSeriesDescription2013
Q4
2014
Q1
2014
Q2
2014
Q3
2014
Q4
2015
Q1
2015
Q2
2015
Q3
Line
1FA206902505.QState and local governments; gross value added (Integrated Macroeconomic Accounts)1549.11556.71569.11581.51590.61598.71608.21619.91
2FA206300003.QState and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis)241.5243.5245.3247.2248.3248.8249.0249.92
3FA206902605.QState and local governments; net value added (Integrated Macroeconomic Accounts)1307.61313.21323.91334.31342.31349.91359.11369.93
4FA206025001.QState and local governments; compensation of employees paid (Integrated Macroeconomic Accounts)1315.21321.31332.41343.11351.11358.41367.31377.94
5FA206402101.QState and local governments; operating surplus, net-7.6-8.1-8.5-8.8-8.9-8.5-8.1-8.05
6FA206140005.QState and local governments; net national income/balance of primary incomes, net (Integrated Macroeconomic Accounts)932.9940.3958.9970.3975.1969.7970.2979.06
7FA206402101.QState and local governments; operating surplus, net-7.6-8.1-8.5-8.8-8.9-8.5-8.1-8.07
8FA206240001.QState and local governments; taxes on production and imports, receivable (Integrated Macroeconomic Accounts)1060.01059.61073.11082.71088.11086.31088.91098.68
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)-119.0-110.7-105.3-103.0-103.6-107.6-110.0-111.110
11FA206140005.QState and local governments; net national income/balance of primary incomes, net (Integrated Macroeconomic Accounts)932.9940.3958.9970.3975.1969.7970.2979.011
12FA206220005.QState and local governments; current taxes on income, wealth, etc. received (Integrated Macroeconomic Accounts)418.4434.5431.2444.2456.5460.1472.6467.412
13FA206601001.QState and local governments; contributions for government social insurance received18.818.918.918.918.818.818.818.813
14FA206404001.QState and local governments; social contributions paid570.8585.1595.8628.4630.2647.7653.7665.914
15FA206403105.QState and local governments; other current transfer received576.4587.9624.7639.5634.0648.2646.0664.115
16FA206403001.QState and local governments; other current transfer payments to the rest of the world0.00.00.00.00.00.00.00.016
17FA206012005.QState and local governments; disposable income, net (Integrated Macroeconomic Accounts)1375.71396.41437.91444.51454.31449.11454.01463.417
18FA206901001.QState and local governments; consumption expenditures1573.61585.81598.21610.51609.51599.51608.41619.218
19FA206006095.QState and local governments; net saving including net capital transfers paid (Integrated Macroeconomic Accounts)-197.9-189.3-160.2-166.0-155.2-150.4-154.5-155.819
20FA206006395.QState and local governments; net saving less net capital transfers paid (Integrated Macroeconomic Accounts)-127.3-119.3-88.4-91.1-88.1-81.4-85.8-83.720
21FA206006095.QState and local governments; net saving including net capital transfers paid (Integrated Macroeconomic Accounts)-197.9-189.3-160.2-166.0-155.2-150.4-154.5-155.821
22FA205440005.QState and local governments; net capital transfers paid-70.6-70.1-71.9-74.9-67.2-69.0-68.7-72.122
23FA205050905.QState and local governments; capital formation, net (Integrated Macroeconomic Accounts)92.288.195.996.599.992.8110.7116.623
24FA205019001.QState and local governments; gross fixed investment323.9321.7331.3333.8338.3331.8350.0356.824
25FA206300003.QState and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis)241.5243.5245.3247.2248.3248.8249.0249.925
26FA205420003.QState and local governments; acquisition of nonproduced nonfinancial assets (net)9.89.99.910.09.99.89.89.726
27FA205000995.QState and local governments; net lending (+) or borrowing (-) (capital account) (Integrated Macroeconomic Accounts)-219.5-207.4-184.3-187.7-188.0-174.3-196.5-200.327
28FA205000995.QState and local governments; net lending (+) or borrowing (-) (capital account) (Integrated Macroeconomic Accounts)-219.5-207.4-184.3-187.7-188.0-174.3-196.5-200.328
29FA214090005.QState and local governments, excluding employee retirement funds; total financial assets-17.884.0177.2-34.6111.4150.3-48.989.729
30FA214000005.QState and local governments, excluding employee retirement funds; total currency and deposits; asset14.730.98.821.231.97.018.5-16.930
31FA213020005.QState and local governments, excluding employee retirement funds; checkable deposits and currency; asset3.16.50.319.036.7-24.319.2-1.731
32FA213030005.QState and local governments, excluding employee retirement funds; total time and savings deposits; asset11.624.48.52.2-4.931.3-0.7-15.232
33FA214022005.QState and local governments, excluding employee retirement funds; debt securities; asset-47.4-0.384.7-50.840.783.9-116.460.133
34FA213069103.QState and local governments, excluding employee retirement funds; commercial paper; asset-9.6-5.7-3.1-12.0-8.0-4.7-9.98.534
35FA213061105.QState and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset-6.24.261.513.664.974.2-72.960.935
36FA213061703.QState and local governments, excluding employee retirement funds; agency- and GSE-backed securities; asset-30.4-6.710.9-45.2-19.62.1-31.9-15.036
37FA213062003.QState and local governments, excluding employee retirement funds; municipal securities; asset-0.10.61.1-0.50.30.9-0.10.437
38FA213063003.QState and local governments, excluding employee retirement funds; corporate and foreign bonds; asset-1.27.214.2-6.63.111.4-1.65.338
39FA214035005.QState and local governments, excluding employee retirement funds; total loans including security repurchase agreements; asset0.617.531.5-10.49.226.6-0.413.539
40FA212051003.QState and local governments, excluding employee retirement funds; security repurchase agreements; asset1.37.813.2-2.84.711.21.16.540
41FA213065005.QState and local governments, excluding employee retirement funds; total mortgages; asset-0.79.718.3-7.64.415.4-1.46.941
42FA213081005.QState and local governments, excluding employee retirement funds; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)0.115.127.5-9.47.822.7-0.611.942
43FA213034003.QState and local governments, excluding employee retirement funds; money market mutual fund shares; asset1.19.216.0-4.15.313.50.77.643
44FA213064103.QState and local governments, excluding employee retirement funds; corporate equities; asset-0.73.97.6-3.51.66.1-0.92.844
45FA213064203.QState and local governments, excluding employee retirement funds; mutual fund shares; asset-0.32.03.9-1.80.83.1-0.41.545
46FA213096005.QState and local governments, excluding employee retirement funds; other accounts receivable; asset (Integrated Macroeconomic Accounts)14.220.924.814.821.810.050.021.346
47FA213070003.QState and local governments, excluding employee retirement funds; trade receivables; asset6.58.613.76.39.0-7.020.31.847
48FA213078005.QState and local governments, excluding employee retirement funds; taxes receivable; asset3.93.2-2.78.26.24.826.2-0.948
49FA213093003.QState and local governments, excluding employee retirement funds; unidentified miscellaneous assets3.79.113.80.36.712.23.520.349
50FA214190005.QState and local governments, excluding employee retirement funds; total liabilities210.5314.4350.2129.4255.0345.0340.5330.850
51FA213162005.QState and local governments, excluding employee retirement funds; municipal securities; liability-83.9-49.91.1-51.243.9126.529.151.851
52FA213162400.QState and local governments, excluding employee retirement funds; short-term municipal securities; liability-14.0-6.27.3-23.4-4.40.612.6-33.352
53FA213162200.QState and local governments, excluding employee retirement funds; long-term municipal securities; liability-69.9-43.7-6.2-27.848.3125.916.585.253
54FA213169203.QState and local governments, excluding employee retirement funds; U.S. government loans; liability0.60.20.50.30.40.40.1-0.354
55FA223073045.QState and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset255.7325.8309.7141.2171.7180.0272.2239.755
56FA213170003.QState and local governments, excluding employee retirement funds; trade payables; liability38.138.338.839.038.938.139.139.556
57FA215000005.QState and local governments, excluding employee retirement funds; net lending (+) or borrowing (-) (financial account)-228.4-230.4-173.0-164.0-143.5-194.7-389.4-241.057
58FV218090185.QState and local governments, excluding employee retirement funds; total other volume changes (Integrated Macroeconomic Accounts)184.446.492.046.389.952.6-89.3-157.858
59FV212010095.QState and local governments, excluding employee retirement funds; nonfinancial assets (does not include land)0.00.00.00.00.00.00.00.059
60FV218090085.QState and local governments, excluding employee retirement funds; other volume changes (Integrated Macroeconomic Accounts)222.862.0108.5-23.8113.868.8-20.0-213.560
61FU217005045.QState and local governments, excluding employee retirement funds; statistical discrepancy (Integrated Macroeconomic Accounts)38.415.616.5-70.123.916.369.3-55.761
62FR212010095.QState and local governments, excluding employee retirement funds; nonfinancial assets (does not include land)76.055.446.252.921.7-10.6-13.44.862
63FR215014665.QState and local governments, excluding employee retirement funds; total residenital and nonresidential structures74.453.844.951.621.4-11.4-13.33.863
64FR215013265.QState and local governments, excluding employee retirement funds; nonresidential equipment, current cost basis1.01.00.90.90.21.00.20.364
65FR215013765.QState and local governments, excluding employee retirement funds; nonresidential intellectual property products, current cost basis0.60.60.50.40.1-0.2-0.40.765
66FR213081005.QState and local governments, excluding employee retirement funds; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)12.72.05.8-0.76.41.8-0.5-10.766
67FR218200005.QState and local governments, excluding employee retirement funds; changes in net worth due to nominal holding gains/losses (Integrated Macroeconomic Accounts)88.757.452.052.228.1-8.8-13.9-5.967
68FC212090095.QState and local governments, excluding employee retirement funds; net worth (Integrated Macroeconomic Accounts)284.660.3137.131.2138.99.5-108.7-229.468
69FL212000095.QState and local governments, excluding employee retirement funds; total assets (does not include land)12577.512674.312786.512849.412945.912991.112977.513023.669
70FL212010095.QState and local governments, excluding employee retirement funds; nonfinancial assets (does not include land)9718.99793.89861.59936.19980.29990.410002.210033.670
71FL215014665.QState and local governments, excluding employee retirement funds; total residenital and nonresidential structures9350.39422.99488.59560.99603.79612.19623.09652.271
72FL215013265.QState and local governments, excluding employee retirement funds; nonresidential equipment, current cost basis248.4249.5250.4251.4252.1253.3253.7254.472
73FL215013765.QState and local governments, excluding employee retirement funds; nonresidential intellectual property products, current cost basis120.1121.4122.6123.7124.4125.0125.5127.173
74FL214090005.QState and local governments, excluding employee retirement funds; total financial assets2858.62880.52925.02913.42965.73000.72975.42990.074
75FL214000005.QState and local governments, excluding employee retirement funds; total currency and deposits; asset436.8441.0433.0440.1460.0457.9453.0450.775
76FL213020005.QState and local governments, excluding employee retirement funds; checkable deposits and currency; asset124.9121.7120.9122.8140.5129.7133.6130.476
77FL213030005.QState and local governments, excluding employee retirement funds; total time and savings deposits; asset312.0319.2312.1317.3319.5328.3319.4320.477
78FL214022005.QState and local governments, excluding employee retirement funds; debt securities; asset1290.11288.71314.91294.71308.71328.01304.71312.078
79FL213069103.QState and local governments, excluding employee retirement funds; commercial paper; asset73.371.971.168.266.265.062.564.679
80FL213061105.QState and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset586.3586.0606.4602.3622.3639.2626.8634.380
81FL213061703.QState and local governments, excluding employee retirement funds; agency- and GSE-backed securities; asset452.8451.1453.9442.6437.7438.2430.2426.581
82FL213062003.QState and local governments, excluding employee retirement funds; municipal securities; asset13.213.413.713.513.613.813.813.982
83FL213063003.QState and local governments, excluding employee retirement funds; corporate and foreign bonds; asset164.4166.3169.8168.1168.9171.8171.4172.783
84FL214035005.QState and local governments, excluding employee retirement funds; total loans including security repurchase agreements; asset330.1334.3342.0339.2341.4347.7347.5350.884
85FL212051003.QState and local governments, excluding employee retirement funds; security repurchase agreements; asset126.3128.2131.5130.8132.0134.8135.1136.785
86FL213065005.QState and local governments, excluding employee retirement funds; total mortgages; asset203.8206.1210.5208.4209.4212.9212.4214.186
87FL213081005.QState and local governments, excluding employee retirement funds; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)399.4405.2417.9414.8423.2430.7430.0422.387
88FL213034003.QState and local governments, excluding employee retirement funds; money market mutual fund shares; asset158.8161.1165.1164.0165.4168.7168.9170.888
89LM213064103.QState and local governments, excluding employee retirement funds; corporate equities; asset162.2164.5170.3168.9173.6176.3175.7169.489
90LM213064203.QState and local governments, excluding employee retirement funds; mutual fund shares; asset78.479.682.681.984.285.685.482.190
91FL213096005.QState and local governments, excluding employee retirement funds; other accounts receivable; asset (Integrated Macroeconomic Accounts)402.2411.4417.3424.6432.4436.4440.2454.291
92FL213070003.QState and local governments, excluding employee retirement funds; trade receivables; asset173.0175.2178.6180.2182.4180.7185.8186.292
93FL213078005.QState and local governments, excluding employee retirement funds; taxes receivable; asset123.8128.6127.6133.3137.2139.9137.7146.293
94FL213093003.QState and local governments, excluding employee retirement funds; unidentified miscellaneous assets105.3107.6111.0111.1112.8115.8116.7121.894
95FL212100005.QState and local governments, excluding employee retirement funds; total liabilities and net worth (Integrated Macroeconomic Accounts)12577.512674.312786.512849.412945.912991.112977.513023.695
96FL214190005.QState and local governments, excluding employee retirement funds; total liabilities5125.95162.45137.55169.25126.85162.55257.65533.196
97FL213162005.QState and local governments, excluding employee retirement funds; municipal securities; liability2924.92915.52918.02891.82910.92945.92958.52956.397
98FL213162400.QState and local governments, excluding employee retirement funds; short-term municipal securities; liability45.343.033.637.038.638.131.131.598
99FL213162200.QState and local governments, excluding employee retirement funds; long-term municipal securities; liability2879.62872.52884.42854.82872.32907.92927.42924.899
100FL213169203.QState and local governments, excluding employee retirement funds; U.S. government loans; liability16.216.316.416.516.616.716.716.7100
101FL223073045.QState and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset1401.41437.61400.41448.51377.11368.11440.91708.8101
102FL213170003.QState and local governments, excluding employee retirement funds; trade payables; liability783.4793.0802.7812.5822.2831.7841.5851.4102
103FL212090095.QState and local governments, excluding employee retirement funds; net worth (Integrated Macroeconomic Accounts)7451.67511.97649.07680.27819.17828.67719.97490.5103

Last update: March 6, 2014