Financial Accounts of the United States - Z.1
S12.t Domestic financial sectors 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Gross saving less net capital transfers paid | FA796000105 | 481.5 | 555.7 | 688.6 | 592.1 | 547.2 | 661.0 | 729.5 | 816.4 | 791.4 |
| Line 2 | Gross investment | FA795090005 | 447.0 | 590.2 | 934.3 | 352.8 | 1435.5 | 872.8 | 838.6 | 590.4 | 1431.0 |
| Line 3 | Capital expenditures | FA795013005 | 359.3 | 394.0 | 443.3 | 405.4 | 423.4 | 435.6 | 451.7 | 462.6 | 483.2 |
| Line 4 | Fixed nonresidential investment | FA795013005 | 359.3 | 394.0 | 443.3 | 405.4 | 423.4 | 435.6 | 451.7 | 462.6 | 483.2 |
| Line 5 | Net lending (+) or net borrowing (-) | FA795000005 | 87.7 | 196.2 | 491.0 | -52.7 | 1012.1 | 437.2 | 386.9 | 127.7 | 947.7 |
| Line 6 | Net acquisition of financial assets | FA794090005 | 3259.7 | 3254.4 | 5600.4 | 1947.0 | 8097.2 | 5505.3 | 3392.3 | 5406.9 | 9138.0 |
| Line 7 | Interbank assets | FA794010005 | 615.7 | -471.8 | 136.5 | -618.9 | 1070.3 | -739.3 | -42.1 | 257.2 | 297.9 |
| Line 8 | Checkable deposits and currency | FA793020005 | -59.8 | 36.7 | 82.6 | 37.7 | 8.1 | 272.9 | 84.4 | -35.2 | 95.3 |
| Line 9 | Time and savings deposits | FA793030005 | 128.4 | -4.9 | 6.9 | -164.6 | 227.4 | 1.3 | -247.7 | 46.5 | 198.4 |
| Line 10 | Other deposits | FA793030505 | 10.3 | -10.1 | -1.9 | 2.4 | -8.6 | 8.6 | -7.7 | 0.1 | 5.7 |
| Line 11 | Debt securities | FA794022005 | 841.3 | 1888.8 | 2282.9 | 1947.2 | 1355.5 | 1462.9 | 3869.1 | 2444.1 | 3705.7 |
| Line 12 | Open market paper | FA793069175 | -4.9 | -5.5 | 90.8 | 33.3 | 179.4 | 258.8 | -138.2 | 63.1 | -165.8 |
| Line 13 | Treasury securities | FA793061105 | 755.8 | 1056.1 | 1093.0 | 1668.8 | -567.1 | 85.4 | 3241.5 | 1612.0 | 1442.3 |
| Line 14 | Agency- and GSE-backed securities | FA793061705 | 75.8 | 131.7 | 274.8 | 6.8 | 662.6 | 503.6 | 12.4 | -79.3 | 671.8 |
| Line 15 | Municipal securities | FA793062005 | -76.4 | 16.0 | 80.9 | -9.2 | 79.4 | 64.9 | 111.2 | 68.0 | 154.6 |
| Line 16 | Corporate and foreign bonds | FA793063005 | 90.9 | 690.4 | 743.4 | 247.6 | 1001.1 | 550.1 | 642.1 | 780.4 | 1602.8 |
| Line 17 | Loans | FA794035005 | 1023.8 | 1358.5 | 2774.6 | 1157.1 | 3423.9 | 2124.4 | 1140.0 | 4410.1 | 2231.0 |
| Line 18 | Federal funds and security repos | FA792050005 | -61.6 | 129.3 | 864.1 | -637.1 | 2481.4 | 523.8 | -1262.2 | 1713.5 | 162.7 |
| Line 19 | Depository institution loans n.e.c. | FA793068005 | 31.1 | 211.5 | 583.5 | 383.8 | 352.6 | 814.8 | 366.7 | 800.0 | 950.9 |
| Line 20 | Consumer credit | FA793066005 | 155.2 | 46.3 | 49.9 | 98.2 | 3.4 | 56.8 | 43.4 | 96.1 | 49.4 |
| Line 21 | Mortgages | FA793065005 | 621.8 | 565.8 | 682.0 | 491.3 | 534.0 | 744.7 | 829.1 | 620.1 | 598.8 |
| Line 22 | Other loans and advances | FA793069005 | 277.3 | 405.6 | 595.1 | 820.9 | 52.6 | -15.7 | 1163.0 | 1180.4 | 469.3 |
| Line 23 | Corporate equities | FA793064105 | -304.2 | -79.4 | -213.2 | 413.9 | -125.3 | -183.5 | -767.4 | 223.5 | 442.6 |
| Line 24 | Other equity | FA793081115 | 138.6 | 139.4 | 84.6 | 181.6 | 167.9 | 96.6 | 51.8 | 21.9 | 127.1 |
| Line 25 | Money market fund shares | FA793034005 | 48.4 | 86.1 | 154.0 | 79.7 | 232.6 | 130.8 | 154.3 | 98.2 | 53.7 |
| Line 26 | Mutual fund shares | FA793064205 | -37.8 | -316.6 | -638.8 | -268.9 | -372.5 | -355.5 | -1423.5 | -403.6 | -365.0 |
| Line 27 | Life insurance reserves | FA793040005 | 47.6 | 4.2 | 6.0 | 3.6 | 5.1 | 6.7 | 6.1 | 6.3 | 21.7 |
| Line 28 | Pension entitlements | FA543050005 | 90.7 | 129.6 | -11.6 | 129.6 | -11.5 | -11.6 | -11.6 | -11.6 | 47.1 |
| Line 29 | Trade receivables | FA793070005 | 56.5 | 4.6 | 14.0 | -24.5 | 47.3 | 19.1 | -3.9 | -6.4 | 44.9 |
| Line 30 | U.S. direct investment abroad: intercompany debt | FA793092305 | 6.1 | -1.7 | -5.2 | 35.6 | 17.6 | -43.4 | -14.5 | 19.6 | 0.2 |
| Line 31 | Miscellaneous assets | FA793090005 | 654.1 | 491.0 | 928.9 | -964.6 | 2059.5 | 2715.2 | 604.9 | -1663.9 | 2231.6 |
| Line 32 | Net increase in liabilities and equity | FA794194005 | 3172.0 | 3058.2 | 5109.5 | 1999.7 | 7085.2 | 5068.1 | 3005.4 | 5279.2 | 8190.3 |
| Line 33 | Net increase in liabilities | FA794190005 | 2581.4 | 1924.7 | 3717.5 | 551.7 | 5704.5 | 4165.0 | 1678.8 | 3321.6 | 6415.0 |
| Line 34 | Interbank liabilities | FA794110005 | 789.4 | -420.7 | 197.1 | -135.6 | 1555.3 | -1069.7 | -148.9 | 451.9 | 637.9 |
| Line 35 | Checkable deposits and currency | FA793120005 | 79.7 | 526.0 | 1690.3 | -9.3 | -301.2 | 1094.2 | 1977.9 | 3990.3 | 1166.3 |
| Line 36 | Time and savings deposits | FA703130005 | -149.2 | 32.6 | -537.1 | -90.5 | 296.9 | 419.0 | 213.7 | -3077.8 | 742.6 |
| Line 37 | Other deposits | FA403197033 | 2.8 | 1.2 | 0.9 | 1.6 | 0.8 | 8.2 | -3.7 | -1.6 | 3.9 |
| Line 38 | Debt securities | FA794122005 | 493.3 | 563.9 | 595.5 | 258.3 | 962.9 | 1040.9 | 497.5 | -119.2 | 943.9 |
| Line 39 | Open market paper | FA793169175 | 7.5 | 36.7 | 108.8 | -38.7 | 106.2 | 157.2 | 137.9 | 33.7 | 33.3 |
| Line 40 | Agency- and GSE-backed securities | FA423161705 | 297.0 | 298.3 | 211.8 | 484.9 | 187.5 | 426.2 | 175.8 | 57.5 | 387.1 |
| Line 41 | Corporate and foreign bonds | FA793163005 | 188.8 | 228.9 | 275.0 | -187.9 | 669.1 | 457.5 | 183.8 | -210.4 | 523.5 |
| Line 42 | Loans | FA794141005 | -994.3 | -325.1 | 433.0 | -1109.3 | 1854.0 | 1032.6 | -1754.3 | 599.7 | 1570.4 |
| Line 43 | Federal funds and security repos | FA792150005 | -846.5 | -343.0 | 195.5 | -997.0 | 1468.9 | 576.6 | -1799.1 | 535.8 | 666.9 |
| Line 44 | Depository institution loans n.e.c. | FA793168005 | -13.3 | 30.4 | 114.7 | 8.3 | 23.9 | 133.8 | 162.1 | 139.3 | 268.5 |
| Line 45 | Other loans and advances | FA793169005 | -134.5 | -12.5 | 122.7 | -120.6 | 361.2 | 322.2 | -117.3 | -75.3 | 635.0 |
| Line 46 | Money market fund shares | FA634090005 | 1134.5 | 885.6 | 947.1 | 1369.2 | 926.6 | 459.1 | 981.0 | 1421.5 | 707.1 |
| Line 47 | Mutual fund shares | FA653164205 | -310.8 | -168.8 | -787.7 | -138.2 | -479.5 | -618.4 | -1529.4 | -523.7 | -287.6 |
| Line 48 | Life insurance reserves | FA543140005 | 18.5 | 65.5 | -36.1 | 70.2 | -48.3 | -33.7 | -31.2 | -31.3 | 53.7 |
| Line 49 | Pension entitlements | FA583150005 | 584.8 | 447.6 | 325.6 | 457.8 | 201.0 | 333.7 | 314.9 | 453.0 | 292.3 |
| Line 50 | Trade payables | FA793170005 | 113.8 | 105.8 | -9.3 | 106.4 | 0.3 | -15.9 | -12.7 | -8.9 | 51.6 |
| Line 51 | Taxes payable | FA793178005 | 29.5 | 4.6 | 24.0 | -95.2 | -10.3 | 14.5 | 89.1 | 2.7 | -14.8 |
| Line 52 | Foreign direct investment: intercompany debt | FA793192305 | -0.7 | -21.7 | 12.6 | 0.9 | -8.3 | 18.3 | 19.5 | 21.0 | 21.7 |
| Line 53 | Miscellaneous liabilities | FA793190005 | 790.1 | 228.2 | 861.5 | -134.5 | 754.6 | 1482.1 | 1065.6 | 143.9 | 525.9 |
| Line 54 | Net equity issues | FA793181105 | 590.6 | 1133.5 | 1392.0 | 1447.9 | 1380.6 | 903.1 | 1326.6 | 1957.6 | 1775.3 |
| Line 55 | Corporate equities | FA793164105 | 491.9 | 993.1 | 1279.8 | 1390.7 | 1052.5 | 896.3 | 1261.9 | 1908.5 | 1633.2 |
| Line 56 | Other equity | FA793181115 | 98.7 | 140.4 | 112.2 | 57.3 | 328.2 | 6.8 | 64.8 | 49.1 | 142.0 |
| Line 57 | Discrepancy | FA797005005 | 34.5 | -34.5 | -245.8 | 239.3 | -888.3 | -211.7 | -109.1 | 226.1 | -639.6 |
Note:
- Sum of financial sectors shown on tables S121.t through S129.t.
Last Update: June 11, 2026