S1M.i.q Households and nonprofit institutions serving households 🕮 PDF
Line Description Series 2024:Q3 2024:Q4 2025:Q1 2025:Q2 2025:Q3 2025:Q4 2026:Q1 2026:Q2
Current account
Line 1 Gross value added FA156902505 3729.0 3787.7 3835.7 3879.0 3916.2 3957.5 4001.9 4048.5
Line 2 Less: Consumption of fixed capital FA156300003 885.4 891.6 899.0 906.3 921.0 929.2 935.1 944.1
Line 3 Equals: Net value added FA156902605 2843.6 2896.1 2936.8 2972.8 2995.2 3028.3 3066.8 3104.4
Line 4 Compensation paid by households and NPISHs FA156025005 1307.6 1333.2 1345.2 1358.0 1369.7 1391.9 1407.1 1415.0
Line 5 Taxes on production and imports less subsidies FA156240101 266.7 268.0 273.8 278.5 286.8 290.5 292.9 295.7
Line 6 Operating surplus, net FA156402101 1269.2 1294.9 1317.7 1336.2 1338.6 1346.0 1366.9 1393.7
Line 7 Net national income/Balance of primary incomes, net FA156140005 21809.6 22069.8 22362.1 22477.5 22705.6 22830.4 23046.7 23240.9
Line 8 Operating surplus, net FA156402101 1269.2 1294.9 1317.7 1336.2 1338.6 1346.0 1366.9 1393.7
Line 9 Compensation of employees (received) FA156025105 15115.7 15309.1 15510.9 15610.3 15836.9 15949.6 16082.5 16224.3
Line 10 Wages and salaries FA156020101 12458.4 12626.6 12788.7 12860.0 13049.3 13136.6 13246.2 13365.2
Line 11 Employers' social contributions FA156401101 2657.3 2682.5 2722.2 2750.3 2787.5 2813.0 2836.3 2859.1
Line 12 Property income received, net FA156150175 5424.6 5465.8 5533.4 5530.9 5530.1 5534.9 5597.3 5622.8
Line 13 Net national income/Balance of primary incomes, net FA156140005 21809.6 22069.8 22362.1 22477.5 22705.6 22830.4 23046.7 23240.9
Line 14 Less: Current taxes on income, wealth, etc. (paid) FA156220001 3019.1 3072.9 3154.0 3200.9 3268.4 3311.7 3219.8 3263.5
Line 15 Plus: Social benefits (received) FA156404105 4492.8 4558.7 4685.0 4852.0 4901.6 4941.9 4993.9 5061.9
Line 16 Less: Social contributions (paid) FA156600001 1935.4 1959.4 1995.9 2005.1 2031.3 2043.9 2080.0 2099.0
Line 17 Plus: Other current transfers (received) FA156403101 94.8 94.4 103.0 100.3 112.3 111.6 105.8 107.4
Line 18 Less: Other current transfers (paid) FA156403001 282.6 286.8 281.9 293.5 295.7 294.6 296.0 295.1
Line 19 Equals: Disposable income, net FA156012095 21160.1 21403.7 21718.3 21930.3 22124.3 22233.8 22550.5 22752.6
Line 20 Less: Final consumption expenditures FA156901001 20032.8 20351.3 20555.0 20789.9 21111.2 21363.4 21634.9 22100.1
Line 21 Equals: Net saving FA156006005 1127.2 1052.4 1163.3 1140.3 1013.1 870.4 915.6 652.4
 
Capital account
Line 22 Net saving less capital transfers FA156006315 1179.4 1127.5 1246.2 1118.9 993.1 851.4 891.5 630.1
Line 23 Net saving FA156006005 1127.2 1052.4 1163.3 1140.3 1013.1 870.4 915.6 652.4
Line 24 Less: Capital transfers paid (net) FA155440005 -52.2 -75.1 -82.9 21.4 20.0 19.0 24.1 22.3
Line 25 Capital formation, net FA155050905 368.3 388.9 393.5 384.3 371.0 367.9 351.2 359.6
Line 26 Gross fixed capital formation, excluding consumer durables FA155019005 1271.0 1298.0 1310.2 1308.7 1310.5 1316.0 1305.5 1323.0
Line 27 Residential FA155012005 966.6 985.2 989.1 982.7 982.5 986.3 969.4 983.0
Line 28 Nonresidential (nonprofit organizations) FA165013005 304.4 312.8 321.2 325.9 328.0 329.7 336.1 339.9
Line 29 Less: Consumption of fixed capital FA156300003 885.4 891.6 899.0 906.3 921.0 929.2 935.1 944.1
Line 30 Acquisition of nonproduced nonfinancial assets FA155420003 -17.3 -17.6 -17.8 -18.1 -18.5 -18.9 -19.2 -19.3
Line 31 Net lending (+) or borrowing (-), capital account (lines 22-25) FA155000905 811.2 738.7 852.7 734.7 622.1 483.4 540.3 270.5
 
Financial account
Line 32 Net lending (+) or borrowing (-) (line 31) FA155000905 811.2 738.7 852.7 734.7 622.1 483.4 540.3 270.5
Line 33 Net acquisition of financial assets FA154090005 3266.2 2141.4 2527.8 1829.4 2507.8 1116.6 3128.9 2951.7
Line 34 Currency and deposits FA154000005 -151.1 -94.3 676.0 923.6 253.8 -55.2 1146.4 414.0
Line 35 Currency and transferable deposits FA153020005 -206.1 -66.6 680.8 607.7 -50.5 3100.4 951.6 335.9
Line 36 Time and savings deposits FA153030005 42.3 -24.0 -12.4 308.5 283.6 -3158.7 175.8 71.3
Line 37 Other deposits FA153030505 12.7 -3.7 7.6 7.4 20.7 3.2 19.0 6.9
Line 38 Debt securities FA154022005 1021.1 -519.9 227.7 436.9 -154.8 -732.2 -1323.7 531.7
Line 39 Treasury securities FA153061105 259.9 -213.9 519.3 403.7 160.3 -88.5 -39.1 738.1
Line 40 Agency- and GSE-backed securities(1) FA153061705 -61.8 345.8 -441.9 -151.1 -13.0 74.7 -376.1 90.2
Line 41 Municipal securities FA153062005 90.4 -57.9 107.3 263.8 78.3 -59.8 74.1 222.1
Line 42 Corporate and foreign bonds FA153063005 732.6 -594.0 43.1 -79.5 -380.5 -658.6 -982.7 -518.7
Line 43 Loans FA154035005 208.8 -14.3 35.4 73.8 144.1 -78.0 307.6 -184.3
Line 44 Short-term FA154041005 213.5 -9.8 42.9 80.6 154.6 -69.6 315.3 -177.0
Line 45 Long-term (mortgages) FA153065005 -4.6 -4.5 -7.5 -6.8 -10.5 -8.4 -7.7 -7.3
Line 46 Equity and investment fund shares FA153081005 1699.1 2213.4 1266.2 -58.8 1958.6 1510.7 2638.9 1575.2
Line 47 Corporate equities FA153064105 1160.2 1384.5 845.1 -273.8 1648.5 1076.4 2016.1 1352.7
Line 48 Money market fund shares FA153034005 685.9 1000.9 608.8 269.8 574.7 952.0 502.5 317.2
Line 49 Mutual fund shares FA153064205 -199.9 -286.0 -286.4 -103.2 -319.7 -496.7 -41.3 -242.7
Line 50 Hedge fund shares FA153064705 -52.9 54.6 -51.5 -31.5 -12.6 -24.8 30.8 86.6
Line 51 Private debt fund shares FA153064505 19.4 2.7 6.4 12.3 20.6 -15.9 -23.3 4.6
Line 52 Equity in noncorporate business FA152090205 86.3 56.6 143.8 67.6 47.1 19.7 154.2 56.8
Line 53 Equity investment under Public-Private Inv. Program(2) FA153094305 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 54 Insurance, pension and standardized guarantee schemes FA153052005 451.8 520.1 286.4 417.8 269.9 435.2 323.3 578.7
Line 55 Insurance receivables due from property-casualty insurance companies FA153076005 90.0 -0.6 80.9 51.1 51.1 21.8 -4.1 86.3
Line 56 Life insurance reserves FA153040005 26.9 62.4 -16.0 -6.0 -76.1 -80.2 41.2 30.6
Line 57 Pension entitlements(3) FA153050005 312.9 399.4 205.4 343.4 275.3 420.3 246.8 236.9
Line 58 Non-life insurance reserves at life insurance companies FA153095105 11.0 11.6 -1.7 12.9 -4.5 -9.2 23.3 -2.3
Line 59 Retiree Health Care Funds FA313195105 11.0 47.4 17.8 16.4 24.2 82.5 16.1 227.2
Line 60 Other accounts receivable FA163096005 36.5 36.5 36.1 36.1 36.1 36.1 36.4 36.4
Line 61 Net incurrence of liabilities FA154190005 623.7 621.5 510.3 839.5 782.3 668.0 769.6 1071.2
Line 62 Debt securities (municipals) FA163162003 7.1 2.3 8.2 25.1 13.2 19.0 13.2 24.0
Line 63 Loans FA154135005 605.1 600.9 473.1 798.9 763.1 624.8 719.8 1036.7
Line 64 Short-term FA154141005 148.6 263.2 110.0 277.1 239.4 313.3 390.0 406.1
Line 65 Depository institution loans n.e.c. FA153168005 -19.2 50.9 -7.1 82.6 62.1 120.5 183.0 105.4
Line 66 Consumer credit FA153166000 127.9 111.7 65.4 142.3 113.7 107.4 130.4 146.9
Line 67 Other loans and advances FA153169005 39.9 100.6 51.8 52.3 63.6 85.4 76.6 153.9
Line 68 Long-term (mortgages) FA153165005 456.5 337.8 363.1 521.8 523.7 311.5 329.9 630.6
Line 69 Insurance, pension and standardized guarantee schemes FA543077073 -6.4 0.4 11.7 -1.7 -11.2 7.0 18.8 -7.3
Line 70 Other accounts payable (trade debt) FA163170005 17.9 17.9 17.2 17.2 17.2 17.2 17.8 17.8
 
Addendum:
Line 71 Net lending (+) or borrowing (-), financial account (lines 33-61) FA155000005 2642.4 1519.9 2017.6 989.9 1725.4 448.7 2359.3 1880.5
 
Other changes in volume account
Line 72 Total other volume changes FV158090185 207.7 847.1 263.0 288.8 518.1 463.6
Line 73 Net investment in consumer durable goods FU155111005 85.9 98.2 104.8 105.1 98.8 94.0 97.2 98.8
Line 74 Disaster losses FV152010005 4.3 -8.8 4.4 4.5 4.6 4.7 4.8 4.8
Line 75 Other volume changes FV158090085 -318.1 233.5 -0.4 351.5 126.7 12.6
Line 76 Less: Statistical discrepancy(4) FU157005045 -435.6 -524.1 -154.2 172.3 -288.0 -352.3
 
Revaluation account
Line 77 Nonfinancial assets FR152010005 -477.6 -374.2 436.6 1099.5 -225.9 -412.4 1010.8 1185.2
Line 78 Real estate FR155035005 -443.0 -375.7 411.6 1025.1 -256.8 -447.3 853.9 1055.8
Line 79 Equipment FR165015205 3.6 0.3 0.2 4.9 9.5 5.9 7.5 10.5
Line 80 Intellectual property products FR165013765 2.2 1.7 -0.3 -1.2 3.1 3.3 0.4 2.8
Line 81 Consumer durable goods FR155111005 -40.5 -0.4 25.1 70.7 18.3 25.8 148.9 116.1
Line 82 Financial assets FR154090005 3849.3 204.4 -1181.6 4893.4 4721.8 1635.4 -1279.9 10788.3
Line 83 Currency and deposits FR154000005 0.4 0.6 0.6 0.2 0.0 0.0 0.0 0.0
Line 84 Debt securities FR154022005 207.6 -176.9 59.3 -1.5 88.1 14.2 -57.5 20.7
Line 85 Corporate equities FR153064105 2327.4 403.0 -724.8 2878.7 2833.3 1205.2 -836.1 7503.8
Line 86 Mutual fund shares FR153064205 623.6 -187.5 -202.8 910.7 655.9 160.7 -289.8 1366.7
Line 87 Hedge fund shares FR153064705 70.6 40.8 18.5 106.7 102.4 81.4 8.2 240.6
Line 88 Private debt fund shares FR153064505 1.7 -1.3 0.6 0.8 0.5 -0.4 -2.2 -0.4
Line 89 Equity in noncorporate business FR152090205 -37.1 158.4 -12.5 -1.6 277.0 -33.5 290.3 119.5
Line 90 Equity investment under Public-Private Inv. Program FR153094305 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 91 Insurance, pension and standardized guarantee schemes FR153052005 655.2 -32.8 -320.4 999.5 764.5 207.7 -392.9 1537.4
Line 92 Changes in net worth due to nominal holding gains/losses FR152090005 3371.7 -169.8 -745.0 5992.9 4495.8 1223.0 -269.1 11973.5
 
Changes in balance sheet account
Line 93 Change in net worth(5) FC152090005 3888.5 836.4 -23.6 6548.7 5262.6 1765.0 792.9 12803.4
 
Balance sheet account (end of period)
Line 94 Total assets FL152000005 188515.0 189507.8 189557.8 196310.4 201783.7 203778.9 204671.7 217751.1
Line 95 Nonfinancial assets LM152010005 60216.4 60024.0 60664.1 61962.8 61922.6 61695.7 62890.6 64263.8
Line 96 Real estate LM155035005 51255.8 50955.5 51455.9 52564.0 52382.8 52015.3 52943.0 54073.9
Line 97 Consumer durable goods LM155111005 8013.4 8111.2 8241.1 8416.9 8534.0 8653.8 8899.9 9114.8
Line 98 Equipment LM165015205 676.8 681.7 688.0 699.8 716.3 729.3 745.2 764.8
Line 99 Intellectual property products LM165013765 270.5 275.6 279.1 282.1 289.5 297.3 302.6 310.3
Line 100 Financial assets FL154090005 128298.6 129483.9 128893.7 134347.6 139861.1 142083.3 141781.1 153487.3
Line 101 Currency and deposits FL154000005 14123.8 14264.4 14511.2 14507.8 14559.1 14716.6 15069.1 14935.1
Line 102 Currency and transferable deposits FL153020005 4348.3 4440.4 4663.9 4693.3 4635.5 5525.0 5813.0 5764.6
Line 103 Time and savings deposits FL153030005 9718.0 9767.5 9788.8 9754.1 9858.1 9125.4 9185.0 9097.8
Line 104 Other deposits LM153030505 57.5 56.6 58.5 60.3 65.5 66.3 71.0 72.8
Line 105 Debt securities LM154022005 5634.8 5534.6 5621.9 5733.5 5843.0 5878.3 5735.4 6006.2
Line 106 Treasury securities LM153061105 2500.0 2371.7 2556.4 2642.3 2709.2 2709.9 2673.8 2831.1
Line 107 Agency- and GSE-backed securities(1) LM153061705 963.9 1030.4 932.3 926.9 903.2 921.9 822.2 868.9
Line 108 Municipal securities LM153062005 1973.1 1937.4 1938.2 1969.5 2035.8 2052.4 2046.9 2114.2
Line 109 Corporate and foreign bonds LM153063005 197.8 195.0 195.0 194.8 194.8 194.0 192.6 192.0
Line 110 Loans FL154035005 899.2 886.7 897.1 925.5 959.3 930.5 1009.1 973.9
Line 111 Short-term FL154041005 827.8 816.4 828.7 858.8 895.2 868.5 949.0 915.7
Line 112 Long-term (mortgages) FL153065005 71.4 70.3 68.4 66.7 64.1 62.0 60.1 58.2
Line 113 Equity and investment fund shares FL153081005 70869.5 71894.1 71205.0 75412.1 79894.1 81614.1 81332.7 91248.8
Line 114 Corporate equities LM153064105 36245.9 36999.3 36522.2 39641.4 42969.7 44322.8 44007.8 52119.2
Line 115 Money market fund shares FL153034005 4297.7 4586.1 4687.1 4739.1 4911.6 5187.4 5261.1 5327.2
Line 116 Mutual fund shares LM153064205 12442.1 12187.4 11906.5 12798.5 13367.9 13410.4 13099.2 14412.7
Line 117 Hedge fund shares LM153064705 1879.6 1934.0 1939.6 2038.4 2137.6 2212.8 2228.8 2491.0
Line 118 Private debt fund shares LM153064505 140.2 148.5 148.6 150.9 150.6 155.9 145.3 144.6
Line 119 Equity in noncorporate business LM152090205 15864.0 16038.8 16001.0 16043.8 16356.6 16324.7 16590.5 16754.1
Line 120 Equity investment under Public-Private Inv. Program(2) LM153094305 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 121 Insurance, pension and standardized guarantee schemes FL153052005 36329.4 36453.0 36198.3 37299.7 38127.6 38456.6 38138.6 39817.9
Line 122 Insurance receivables due from property-casualty insurance companies FL153076005 832.7 832.6 852.8 865.6 878.3 883.8 882.7 904.3
Line 123 Life insurance reserves FL153040005 2150.8 2161.9 2150.2 2178.7 2182.7 2168.2 2167.9 2216.1
Line 124 Pension entitlements(3) FL153050005 32496.9 32582.6 32321.6 33376.4 34186.1 34493.0 34172.9 35728.3
Line 125 Non-life insurance reserves at life insurance companies FL153095105 434.0 436.8 436.2 440.1 439.4 437.2 442.8 443.2
Line 126 Retiree Health Care Funds FL313195105 415.0 439.1 437.6 438.9 441.0 474.3 472.2 526.1
Line 127 Other accounts receivable FL163096005 441.9 451.0 460.1 469.1 478.1 487.1 496.2 505.3
Line 128 Total liabilities and net worth FL152100005 188515.0 189507.8 189557.8 196310.4 201783.7 203778.9 204671.7 217751.1
Line 129 Liabilities FL154190005 20629.9 20786.3 20859.9 21063.9 21274.5 21504.7 21604.6 21880.6
Line 130 Debt securities (municipals) FL163162003 217.4 218.0 220.0 226.3 229.6 234.4 237.7 243.6
Line 131 Loans FL154135005 19862.7 20014.0 20078.3 20272.2 20478.0 20697.4 20784.9 21052.3
Line 132 Short-term FL154141005 6031.4 6071.4 6077.4 6142.7 6218.1 6328.8 6367.0 6479.9
Line 133 Depository institution loans n.e.c. FL153168005 523.4 618.8 596.5 615.6 631.2 661.3 707.0 733.4
Line 134 Consumer credit FL153166000 5027.8 4947.2 4962.5 4995.6 5039.6 5098.8 5072.1 5120.3
Line 135 Other loans and advances FL153169005 480.3 505.4 518.4 531.4 547.3 568.7 587.8 626.3
Line 136 Long-term (mortgages) FL153165005 13831.3 13942.6 14000.9 14129.4 14259.9 14368.6 14417.9 14572.3
Line 137 Insurance, pension and standardized guarantee schemes FL543077073 39.4 39.5 42.4 42.0 39.2 41.0 45.7 43.8
Line 138 Other accounts payable (trade debt) FL163170005 510.3 514.8 519.1 523.4 527.7 532.0 536.4 540.9
Line 139 Net worth FL152090005 167885.2 168721.5 168697.9 175246.5 180509.2 182274.2 183067.1 195870.5

Notes:

  1. Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.
  2. Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
  3. Includes variable annuities, including those in IRAs, at life insurance companies.
  4. The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account and reflects differences in source data, timing of recorded transactions, and other statistical differences. The statistical discrepancy shown here is calculated based on non-seasonally adjusted quarterly rate measures of net lending or net borrowing and therefore cannot be calculated from the capital account and financial account measures, which are both presented at seasonally adjusted annual rates.
  5. The change in net worth is equal to the sum of the non-seasonally adjusted quarterly rate measure of net lending or borrowing from the capital account (not presented, see footnote 4), total other volume changes, and changes in net worth due to nominal holding gains or losses.
Last Update: September 11, 2026