Financial Accounts of the United States - Z.1
S11.s Nonfinancial business 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Total financial assets | FL144090005 | 40823.4 | 42515.4 | 47144.8 | 42515.4 | 43007.0 | 44623.5 | 45628.7 | 47144.8 | 48436.3 |
| Line 2 | Checkable deposits and currency | FL143020005 | 2409.3 | 2736.1 | 3035.9 | 2736.1 | 2720.2 | 2756.6 | 2814.8 | 3035.9 | 2995.5 |
| Line 3 | Time and savings deposits | FL143030005 | 1887.0 | 1931.9 | 2043.6 | 1931.9 | 1918.7 | 1925.8 | 1974.2 | 2043.6 | 2104.2 |
| Line 4 | Other deposits (foreign deposits) | FL103091003 | 245.8 | 205.1 | 213.9 | 205.1 | 214.6 | 210.9 | 195.1 | 213.9 | 211.4 |
| Line 5 | Debt securities | LM144022005 | 484.9 | 477.9 | 529.3 | 477.9 | 489.8 | 487.6 | 503.5 | 529.3 | 528.5 |
| Line 6 | Commercial paper | FL103069100 | 209.8 | 190.3 | 207.3 | 190.3 | 191.2 | 184.8 | 191.8 | 207.3 | 217.0 |
| Line 7 | Treasury securities | LM143061105 | 192.5 | 204.9 | 232.2 | 204.9 | 214.2 | 217.8 | 224.4 | 232.2 | 224.6 |
| Line 8 | Agency- and GSE-backed securities | LM103061703 | 37.1 | 40.1 | 46.0 | 40.1 | 41.5 | 42.2 | 44.0 | 46.0 | 42.9 |
| Line 9 | Municipal securities | LM143062005 | 28.6 | 29.2 | 30.0 | 29.2 | 29.2 | 29.5 | 30.4 | 30.0 | 30.0 |
| Line 10 | Corporate bonds (held by equity REITs) | LM123063003 | 16.8 | 13.4 | 13.8 | 13.4 | 13.7 | 13.3 | 13.0 | 13.8 | 14.1 |
| Line 11 | Loans | FL144035005 | 227.2 | 252.4 | 284.3 | 252.4 | 261.8 | 260.7 | 286.8 | 284.3 | 297.2 |
| Line 12 | Security repurchase agreements | FL102051003 | 27.0 | 45.7 | 75.2 | 45.7 | 54.3 | 52.3 | 77.2 | 75.2 | 87.7 |
| 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 | 206.7 | 209.2 | 206.7 | 207.6 | 208.4 | 209.7 | 209.2 | 209.5 |
| Line 15 | Corporate equities | LM103064103 | 2913.8 | 3260.5 | 3585.9 | 3260.5 | 3070.9 | 3347.1 | 3555.7 | 3585.9 | 3370.4 |
| Line 16 | U.S. direct investment abroad: equity | LM103092105 | 7627.6 | 8105.3 | 10353.9 | 8105.3 | 8460.7 | 9283.8 | 9838.1 | 10353.9 | 10718.1 |
| Line 17 | Equity in GSEs | FL143092405 | 20.2 | 21.2 | 21.9 | 21.2 | 21.0 | 21.2 | 21.4 | 21.9 | 21.9 |
| Line 18 | Money market fund shares | FL143034005 | 1011.6 | 1106.3 | 1251.7 | 1106.3 | 1128.0 | 1139.6 | 1186.4 | 1251.7 | 1258.8 |
| Line 19 | Mutual fund shares | LM103064203 | 325.2 | 405.4 | 432.2 | 405.4 | 392.2 | 416.6 | 432.1 | 432.2 | 416.4 |
| Line 20 | Trade receivables | FL143070005 | 6509.1 | 6708.2 | 7210.1 | 6708.2 | 6888.9 | 7019.1 | 7105.3 | 7210.1 | 7481.9 |
| Line 21 | U.S. direct investment abroad: intercompany debt | LM103092305 | -56.4 | -62.5 | -72.7 | -62.5 | -36.7 | -83.4 | -102.6 | -72.7 | -54.6 |
| Line 22 | Miscellaneous assets | FL143090005 | 17218.1 | 17367.7 | 18254.8 | 17367.7 | 17477.0 | 17837.9 | 17817.8 | 18254.8 | 19086.6 |
| Line 23 | Total liabilities and equity | FL144194005 | 120917.4 | 135457.3 | 148987.7 | 135457.3 | 131820.9 | 139498.9 | 146273.8 | 148987.7 | 148153.1 |
| Line 24 | Total liabilities | FL144190005 | 41989.3 | 42737.6 | 44677.4 | 42737.6 | 43162.5 | 43527.9 | 43865.0 | 44677.4 | 45618.6 |
| Line 25 | Debt securities | FL104122005 | 8254.2 | 8518.1 | 8788.0 | 8518.1 | 8684.5 | 8682.2 | 8749.8 | 8788.0 | 8982.9 |
| Line 26 | Commercial paper | FL103169100 | 218.0 | 196.3 | 217.2 | 196.3 | 235.9 | 253.9 | 229.9 | 217.2 | 291.3 |
| Line 27 | Municipal securities | FL103162000 | 624.2 | 637.2 | 652.6 | 637.2 | 643.6 | 653.6 | 649.4 | 652.6 | 655.0 |
| Line 28 | Corporate bonds | FL103163005 | 7412.1 | 7684.6 | 7918.2 | 7684.6 | 7805.0 | 7774.7 | 7870.5 | 7918.2 | 8036.6 |
| Line 29 | Loans | FL144135005 | 12682.1 | 12934.7 | 13410.5 | 12934.7 | 12959.7 | 13101.6 | 13229.7 | 13410.5 | 13643.8 |
| Line 30 | Depository institution loans n.e.c. | FL143168005 | 2946.9 | 2868.7 | 2869.5 | 2868.7 | 2801.7 | 2833.9 | 2829.5 | 2869.5 | 2983.1 |
| Line 31 | Mortgages | FL143165005 | 6734.6 | 6928.8 | 7207.0 | 6928.8 | 6971.5 | 7033.2 | 7118.9 | 7207.0 | 7269.9 |
| Line 32 | Other loans and advances | FL143169005 | 3000.6 | 3137.3 | 3333.9 | 3137.3 | 3186.5 | 3234.5 | 3281.4 | 3333.9 | 3390.8 |
| Line 33 | Trade payables | FL143170005 | 4677.0 | 4778.8 | 5212.1 | 4778.8 | 4912.8 | 5016.5 | 5134.9 | 5212.1 | 5401.2 |
| Line 34 | Taxes payable | FL143178005 | 486.5 | 486.7 | 441.3 | 486.7 | 588.8 | 474.1 | 449.8 | 441.3 | 454.5 |
| Line 35 | Foreign direct investment: intercompany debt | LM143192305 | 318.7 | 357.2 | 320.1 | 357.2 | 367.4 | 349.7 | 322.8 | 320.1 | 317.6 |
| Line 36 | Miscellaneous liabilities | FL143190005 | 15570.8 | 15662.1 | 16505.5 | 15662.1 | 15649.3 | 15903.9 | 15978.0 | 16505.5 | 16818.5 |
| Line 37 | Total equity (market value) | FL143181105 | 78928.1 | 92719.7 | 104310.3 | 92719.7 | 88658.5 | 95971.0 | 102408.9 | 104310.3 | 102534.5 |
| Line 38 | Corporate equities | LM103164105 | 51744.1 | 62708.8 | 71863.1 | 62708.8 | 59379.9 | 65268.9 | 70266.2 | 71863.1 | 69511.6 |
| Line 39 | Foreign direct investment: equity | LM143192105 | 11519.5 | 14102.2 | 16300.6 | 14102.2 | 13433.4 | 14832.5 | 15972.2 | 16300.6 | 16644.0 |
| Line 40 | Equity in noncorporate business | LM112090205 | 15664.5 | 15908.6 | 16146.6 | 15908.6 | 15845.1 | 15869.5 | 16170.4 | 16146.6 | 16378.9 |
Note:
- Sum of nonfinancial corporate business and nonfinancial noncorporate business.
Last Update: June 11, 2026