Federal Reserve Statistical Release, Z.1,
 Flow of Funds Accounts of the United States; title with eagle logo links to Statistical Release home page

Release Date: March 8, 2007
Release dates | Coded tables | Historical data
Current release | Screen reader | PDF (450 KB)

F.105 State and Local Governments, Excluding Employee Retirement Funds1
Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description
2002
2003
2004
2005
2006
2005
Q3
2005
Q4
2006
Q1
2006
Q2
2006
Q3
2006
Q4

Line
State and local governments current receipts, NIPA basis 1410.1 1494.2 1592.6 1700.6 1789.2 1697.8 1729.6 1755.4 1795.5 1798.7 1807.2 1
State and local governments personal current taxes (NIPA) 221.3 226.6 248.4 275.2 301.1 274.0 279.3 293.4 311.1 297.8 302.0 2
State and local governments taxes on production and imports receivable (NIPA) 675.5 717.5 769.4 821.2 863.9 827.9 835.7 851.4 863.3 867.2 873.6 3
State and local governments taxes on corporate income (NIPA) profit tax accruals 32.2 35.3 43.1 58.0 70.1 54.7 61.3 66.4 68.8 70.9 74.4 4
State and local governments contributions for government social insurance received (NIPA) 15.8 19.8 24.2 25.3 24.8 25.3 25.2 24.8 24.7 24.7 24.8 5
State and local governments income receipts on assets (NIPA) 78.2 72.9 73.3 75.3 77.6 75.6 76.3 76.7 77.4 77.9 78.5 6
State and local governments current transfer receipts (NIPA) 384.7 422.7 438.0 456.1 460.2 462.0 459.8 450.5 458.3 468.8 463.3 7
State and local governments current net surplus of government enterprises (NIPA) 2.5 -0.6 -3.8 -10.5 -8.5 -21.7 -7.9 -7.8 -8.2 -8.7 -9.3 8
State and local governments current expenditures, NIPA basis 1444.3 1514.5 1605.5 1703.9 1785.0 1717.2 1746.8 1742.7 1769.4 1808.9 1819.1 9
State and local governments consumption expenditures (NIPA) 1025.3 1073.8 1130.3 1207.2 1287.9 1217.8 1243.4 1256.2 1280.7 1300.0 1314.9 10
State and local governments goverment social benefit payments paid to persons (NIPA) 332.0 353.0 382.9 402.3 399.7 404.5 407.3 390.4 391.7 411.0 405.5 11
State and local governments interest payments (NIPA) 86.0 87.7 91.8 94.2 97.0 94.5 95.8 95.8 96.6 97.5 98.2 12
State and local governments subsidies paid (NIPA) 0.9 0.1 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 13
State and local governments wage accruals less disbursements (NIPA) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14
State and local governments net saving (NIPA) -34.2 -20.4 -12.9 -3.3 4.2 -19.3 -17.2 12.7 26.1 -10.2 -11.9 15
State and local governments consumption of fixed capital (NIPA) 122.7 127.8 136.7 153.2 161.4 165.9 154.3 156.7 159.2 162.5 167.0 16
State and local governments capital transfers received by state and local governments (NIPA) 52.1 51.6 51.9 53.9 56.6 54.4 53.8 55.6 56.0 58.0 56.9 17
State and local governments gross saving including net capital transfers 140.7 159.0 175.7 203.8 222.2 201.0 190.9 225.0 241.4 210.2 212.1 18
State and local governments gross investment 171.1 202.7 229.7 241.6 257.2 237.2 226.6 261.8 273.6 247.5 245.8 19
State and local governments gross fixed investment, total (NIPA) 256.1 262.2 270.0 287.3 312.8 288.7 294.0 301.7 313.5 315.0 321.0 20
State and local governments acquisition of nonproduced nonfin. assets 10.6 10.9 11.0 11.6 12.2 11.6 11.8 12.0 12.2 12.3 12.4 21
State and local governments, excluding employee retirement funds net financial investment -95.6 -70.4 -51.3 -57.2 -67.8 -63.2 -79.2 -51.9 -52.0 -79.8 -87.6 22
State and local governments, excluding employee retirement funds total financial assets 76.6 79.1 94.8 147.5 120.0 187.2 131.0 44.7 110.5 113.5 211.6 23
State and local governments, excluding employee retirement funds checkable deposits and currency asset 5.2 3.5 -4.6 8.5 2.7 -24.1 8.7 -4.1 3.0 10.3 1.8 24
State and local governments, excluding employee retirement funds total time and savings deposits asset 8.8 8.0 6.9 29.5 25.2 28.9 30.1 11.5 10.4 35.3 43.7 25
State and local governments, excluding employee retirement funds money market fund shares asset 1.6 4.0 3.4 2.6 3.4 3.9 3.0 2.3 3.0 5.8 2.6 26
State and local governments, excluding employee retirement funds federal funds transactions and loans made under security repurchase agreements asset -16.3 7.9 6.7 5.1 7.0 7.7 5.9 4.5 5.9 11.3 6.0 27
State and local governments, excluding employee retirement funds credit market instruments, excluding corporate equities and mutual funds asset 86.2 58.3 64.5 100.5 62.7 124.7 72.5 10.7 61.5 49.7 129.1 28
State and local governments, excluding employee retirement funds commercial paper asset 14.3 10.3 8.8 6.7 9.1 10.1 7.7 5.9 7.8 14.9 7.8 29
State and local governments, excluding employee retirement funds total treasury securities, excluding U.S. savings bonds (including SLGS) asset 26.2 9.5 23.2 68.8 28.0 77.1 36.1 -1.2 24.9 -4.3 92.6 30
State and local governments, excluding employee retirement funds U.S. government agency securities asset 41.7 22.5 19.1 14.6 14.2 22.0 16.8 0.9 16.9 22.3 16.9 31
State and local governments, excluding employee retirement funds municipal securities and loans asset 0.1 0.3 0.2 0.2 0.3 0.3 0.2 0.2 0.2 0.4 0.3 32
State and local governments, excluding employee retirement funds corporate and foreign bonds asset 9.1 7.1 6.0 4.6 5.3 7.0 5.3 0.1 5.3 10.2 5.5 33
State and local governments, excluding employee retirement funds total mortgages asset -5.3 8.5 7.2 5.5 5.9 8.3 6.3 4.9 6.4 6.2 6.0 34
State and local governments, excluding employee retirement funds corporate equities asset 10.3 -17.0 -4.8 -0.7 -8.2 -7.3 -2.8 -15.8 12.7 -6.9 -22.6 35
State and local governments, excluding employee retirement funds mutual fund share holdings asset 2.1 -5.2 -1.5 -0.2 -2.5 -2.2 -0.9 -4.8 3.9 -2.1 -7.1 36
State and local governments, excluding employee retirement funds trade receivables asset 2.6 8.1 6.9 5.3 7.0 7.9 6.0 4.6 6.1 11.6 5.8 37
State and local governments, excluding employee retirement funds taxes receivable by governments asset 4.8 7.7 26.1 41.4 53.8 38.7 46.4 50.1 51.3 54.6 59.2 38
State and local governments, excluding employee retirement funds unidentified miscellaneous financial claims asset -28.5 3.8 -8.9 -44.4 -31.1 8.9 -38.0 -14.3 -47.3 -56.1 -6.7 39
State and local governments, excluding employee retirement funds total financial liabilities 172.3 149.4 146.1 204.7 187.9 250.4 210.2 96.6 162.5 193.3 299.2 40
State and local governments, excluding employee retirement funds credit  market instruments liability 143.9 120.3 115.3 171.4 151.6 216.8 175.7 61.4 126.2 156.6 262.1 41
State and local governments, excluding employee retirement funds municipal securities and loans (total) liability 143.4 120.0 115.1 170.9 150.9 216.2 175.1 60.8 125.4 156.0 261.5 42
State and local governments, excluding employee retirement funds municipal securities and loans (short-term) liability 25.2 10.4 -5.9 5.7 -3.2 12.8 26.3 0.3 -8.0 -6.9 1.6 43
State and local governments, excluding employee retirement funds municipal securities and loans (other than short-term) liability 118.2 109.6 121.0 165.2 154.2 203.4 148.7 60.5 133.4 162.8 259.9 44
State and local governments, excluding employee retirement funds loans from the U.S. government (U.S. government loans) liability 0.5 0.3 0.2 0.5 0.6 0.6 0.6 0.6 0.7 0.6 0.6 45
State and local governments, excluding employee retirement funds trade payables liability 28.4 29.2 30.8 33.3 36.3 33.6 34.6 35.2 36.3 36.7 37.0 46
State and local governments, excluding employee retirement funds sector discrepancy -30.5 -43.7 -54.0 -37.8 -35.0 -36.2 -35.7 -36.7 -32.3 -37.2 -33.8 47

  FOOTNOTES
  1.  Data for retirement funds are shown in table F.119. Return to text


Release dates | Coded tables | Historical data
Current release | Screen reader | PDF (450 KB)

Statistical releases