Financial Accounts of the United States - Z.1
S11.s Nonfinancial business 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 | 2026:Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Total financial assets | FL144090005 | 40816.0 | 42202.1 | 46501.0 | 42580.9 | 44075.1 | 45044.6 | 46501.0 | 47259.4 | 48991.6 |
| Line 2 | Checkable deposits and currency | FL143020005 | 2409.3 | 2855.7 | 3154.1 | 2834.7 | 2867.7 | 2941.9 | 3154.1 | 3106.0 | 3356.8 |
| Line 3 | Time and savings deposits | FL143030005 | 1887.0 | 1952.0 | 2078.6 | 1938.7 | 1953.9 | 2003.5 | 2078.6 | 2144.4 | 2201.0 |
| Line 4 | Other deposits (foreign deposits) | FL103091003 | 245.8 | 215.1 | 229.0 | 225.0 | 226.3 | 208.3 | 229.0 | 227.8 | 228.9 |
| Line 5 | Debt securities | LM144022005 | 484.9 | 631.4 | 693.0 | 644.8 | 652.4 | 666.1 | 693.0 | 695.4 | 730.5 |
| Line 6 | Commercial paper | FL103069100 | 209.8 | 216.9 | 244.5 | 217.9 | 222.2 | 227.5 | 244.5 | 258.8 | 300.8 |
| Line 7 | Treasury securities | LM143061105 | 192.5 | 300.9 | 327.4 | 311.5 | 314.3 | 320.6 | 327.4 | 318.6 | 313.4 |
| Line 8 | Agency- and GSE-backed securities | LM103061703 | 37.1 | 72.0 | 77.5 | 73.5 | 74.1 | 75.7 | 77.5 | 73.9 | 71.7 |
| Line 9 | Municipal securities | LM143062005 | 28.6 | 28.2 | 29.7 | 28.2 | 28.5 | 29.3 | 29.7 | 29.9 | 30.6 |
| Line 10 | Corporate bonds (held by equity REITs) | LM123063003 | 16.8 | 13.4 | 13.8 | 13.7 | 13.3 | 13.0 | 13.8 | 14.1 | 14.0 |
| Line 11 | Loans | FL144035005 | 227.2 | 255.3 | 305.1 | 268.5 | 275.7 | 306.4 | 305.1 | 327.3 | 357.3 |
| Line 12 | Security repurchase agreements | FL102051003 | 27.0 | 50.4 | 89.8 | 60.9 | 65.1 | 92.6 | 89.8 | 109.3 | 137.5 |
| Line 13 | Consumer credit | FL143066005 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 14 | Mortgages | FL143065005 | 200.2 | 204.9 | 215.3 | 207.7 | 210.6 | 213.8 | 215.3 | 218.0 | 219.9 |
| Line 15 | Corporate equities | LM103064103 | 2913.8 | 3260.5 | 3614.2 | 3077.3 | 3360.4 | 3576.8 | 3614.2 | 3403.8 | 3866.9 |
| Line 16 | U.S. direct investment abroad: equity | LM103092105 | 7583.1 | 8028.1 | 10194.6 | 8347.9 | 9167.3 | 9728.4 | 10194.6 | 10124.3 | 11072.2 |
| Line 17 | Equity in GSEs | FL143092405 | 20.2 | 21.2 | 21.9 | 21.0 | 21.2 | 21.4 | 21.9 | 21.9 | 22.6 |
| Line 18 | Money market fund shares | FL143034005 | 1011.6 | 1106.6 | 1252.9 | 1128.6 | 1140.4 | 1187.4 | 1252.9 | 1260.8 | 1280.8 |
| Line 19 | Mutual fund shares | LM103064203 | 325.2 | 405.4 | 432.2 | 392.2 | 416.6 | 432.1 | 432.2 | 416.4 | 454.3 |
| Line 20 | Trade receivables | FL143070005 | 6509.1 | 6905.2 | 7351.3 | 7088.1 | 7155.8 | 7240.3 | 7351.3 | 7654.3 | 7929.2 |
| Line 21 | U.S. direct investment abroad: intercompany debt | LM103092305 | -49.8 | -56.6 | -53.9 | -34.6 | -80.1 | -86.8 | -53.9 | -57.6 | -53.2 |
| Line 22 | Miscellaneous assets | FL143090005 | 17248.7 | 16622.4 | 17228.0 | 16648.6 | 16917.3 | 16818.8 | 17228.0 | 17934.6 | 17544.3 |
| Line 23 | Total liabilities and equity | FL144194005 | 117971.4 | 130715.6 | 143365.1 | 128117.5 | 134858.6 | 140929.7 | 143365.1 | 142627.3 | 157150.6 |
| Line 24 | Total liabilities | FL144190005 | 41997.2 | 42125.0 | 44071.2 | 42867.6 | 43142.7 | 43388.3 | 44071.2 | 45026.2 | 45724.2 |
| Line 25 | Debt securities | FL104122005 | 8355.7 | 8639.4 | 8939.3 | 8808.5 | 8824.6 | 8898.6 | 8939.3 | 9136.2 | 9190.0 |
| Line 26 | Commercial paper | FL103169100 | 218.0 | 196.3 | 210.9 | 235.9 | 253.9 | 227.7 | 210.9 | 284.4 | 256.5 |
| Line 27 | Municipal securities | FL103162000 | 624.8 | 637.8 | 653.1 | 644.2 | 654.2 | 650.0 | 653.1 | 655.6 | 655.5 |
| Line 28 | Corporate bonds | FL103163005 | 7513.0 | 7805.3 | 8075.3 | 7928.4 | 7916.5 | 8020.9 | 8075.3 | 8196.2 | 8278.0 |
| Line 29 | Loans | FL144135005 | 13299.2 | 13713.1 | 14352.1 | 13766.8 | 13952.3 | 14111.7 | 14352.1 | 14594.8 | 14790.1 |
| Line 30 | Depository institution loans n.e.c. | FL143168005 | 2946.9 | 2868.7 | 2868.3 | 2800.1 | 2833.2 | 2827.9 | 2868.3 | 2986.5 | 3042.6 |
| Line 31 | Private credit loans | FL143167205 | 912.6 | 1098.6 | 1310.6 | 1137.1 | 1188.4 | 1240.0 | 1310.6 | 1331.1 | 1351.6 |
| Line 32 | Mortgages | FL143165005 | 6734.6 | 6926.8 | 7195.0 | 6966.3 | 7024.7 | 7108.4 | 7195.0 | 7251.5 | 7306.1 |
| Line 33 | Other loans and advances | FL143169005 | 2705.0 | 2819.0 | 2978.2 | 2863.3 | 2906.0 | 2935.4 | 2978.2 | 3025.7 | 3089.9 |
| Line 34 | Trade payables | FL143170005 | 4677.0 | 4747.0 | 5178.3 | 4879.7 | 4974.6 | 5102.4 | 5178.3 | 5381.0 | 5576.3 |
| Line 35 | Taxes payable | FL143178005 | 486.5 | 511.7 | 458.9 | 618.0 | 495.9 | 468.6 | 458.9 | 479.3 | 484.6 |
| Line 36 | Foreign direct investment: intercompany debt | LM143192305 | 330.8 | 345.1 | 299.8 | 337.7 | 322.1 | 308.9 | 299.8 | 313.8 | 317.9 |
| Line 37 | Miscellaneous liabilities | FL143190005 | 14848.0 | 14168.6 | 14842.7 | 14456.9 | 14573.2 | 14498.0 | 14842.7 | 15121.0 | 15365.2 |
| Line 38 | Total equity (market value) | FL143181105 | 75974.2 | 88590.6 | 99294.0 | 85249.9 | 91715.9 | 97541.4 | 99294.0 | 97601.1 | 111426.4 |
| Line 39 | Corporate equities | LM103164105 | 51751.5 | 62768.0 | 71994.9 | 59428.5 | 65333.3 | 70397.2 | 71994.9 | 70018.4 | 83050.8 |
| Line 40 | Foreign direct investment: equity | LM143192105 | 8536.2 | 9924.3 | 11145.4 | 9972.5 | 10491.9 | 10945.6 | 11145.4 | 11172.8 | 11815.3 |
| Line 41 | Equity in noncorporate business | LM112090205 | 15686.5 | 15898.2 | 16153.7 | 15848.9 | 15890.7 | 16198.6 | 16153.7 | 16409.9 | 16560.2 |
Note:
- Sum of nonfinancial corporate business and nonfinancial noncorporate business.
Last Update: September 11, 2026