Board of Governors of the Federal Reserve System

Financial Accounts Guide

Series analyzer for FL213064103.A

State and local governments, excluding employee retirement funds; corporate equities; asset

Data Source

Level is calculated as approximately 5 percent of total financial assets from the U.S. Census Bureau's Table 1--State and Local Government Finances by Level of Government and by State, Cash and security holdings, Other than insurance trust funds, adjusted to match financial accounts framework. Percentage is based on detailed data for fiscal year 2011 on corporate equities from CAFRs for the largest state and local governmental units. Capital gains are estimated based on the percent change in the Dow Jones U.S. total stock market index (FOF series FI073164013) applied to the previous quarter's level. Unadjusted flow is the change in the level less estimated capital gains; data for the most recent ten years show no significant seasonality.

Last edited on: 10/18/2013 External links:
http://www.census.gov/govs/local/
Shown on: L.104 Line 13, L.213 Line 7, Levels_matrix Line 23:5, 720_matrix Line 18:12, 720_matrix Line 21:12, S.8.Q Line 88
Derived from:
FOF CodeDescription
+ FL213064103.AState and local governments, excluding employee retirement funds; corporate equities; asset
+ FU213064103.AState and local governments, excluding employee retirement funds; corporate equities; asset
+ FR213064103.AState and local governments, excluding employee retirement funds; corporate equities; asset
+ FV213064103.AState and local governments, excluding employee retirement funds; corporate equities; asset

Used in:
FOF CodeDescription
+ FL213064005.AState and local governments, excluding employee retirement funds; corporate equities and mutual fund shares; asset
+ FL214002005.AState and local governments, excluding employee retirement funds; credit and equity market instruments; asset
- FL214004005.AState and local governments, excluding employee retirement funds; credit market instruments; asset
+ FL383064105.ADomestic nonfinancial sectors; corporate equities; asset
+ FL363064105.AGeneral government (consolidated); corporate equities; asset
+ FL213081005.AState and local governments, excluding employee retirement funds; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)
+ FL363081115.AGeneral government (consolidated); other equity; asset (Integrated Macroeconomic Accounts)
Last update: March 6, 2014