Financial Accounts of the United States - Z.1
S13M.s State and local governments 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Total financial assets | FL214090005 | 4747.1 | 4919.2 | 5176.9 | 4919.2 | 4976.7 | 5077.7 | 5151.8 | 5176.9 | 5194.8 |
| Line 2 | Checkable deposits and currency | FL213020005 | 375.7 | 390.7 | 431.5 | 390.7 | 397.1 | 392.1 | 390.4 | 431.5 | 421.6 |
| Line 3 | Time and savings deposits | FL213030000 | 374.3 | 374.1 | 353.8 | 374.1 | 365.1 | 361.4 | 352.9 | 353.8 | 351.4 |
| Line 4 | Debt securities | LM214022005 | 2425.2 | 2512.9 | 2675.2 | 2512.9 | 2563.5 | 2642.0 | 2695.2 | 2675.2 | 2689.4 |
| Line 5 | Open market paper | FL213069103 | 264.6 | 264.4 | 296.5 | 264.4 | 287.6 | 301.6 | 294.0 | 296.5 | 310.7 |
| Line 6 | Treasury securities | LM213061103 | 1407.1 | 1475.1 | 1560.5 | 1475.1 | 1493.1 | 1535.4 | 1575.3 | 1560.5 | 1560.5 |
| Line 7 | Agency- and GSE-backed securities | LM213061703 | 412.8 | 427.3 | 452.1 | 427.3 | 432.5 | 444.8 | 456.3 | 452.1 | 452.1 |
| Line 8 | Municipal securities | LM213062003 | 44.1 | 46.0 | 48.7 | 46.0 | 46.6 | 47.9 | 49.2 | 48.7 | 48.7 |
| Line 9 | Corporate and foreign bonds | LM213063003 | 296.5 | 300.1 | 317.4 | 300.1 | 303.7 | 312.3 | 320.4 | 317.4 | 317.4 |
| Line 10 | Loans | FL214035005 | 532.9 | 554.1 | 565.1 | 554.1 | 548.2 | 560.4 | 569.2 | 565.1 | 563.8 |
| Line 11 | Mortgages | FL213065005 | 228.4 | 233.7 | 248.1 | 233.7 | 237.2 | 240.8 | 244.4 | 248.1 | 248.1 |
| Line 12 | Other loans and advances(1) | FL213069200 | 91.5 | 98.6 | 82.4 | 98.6 | 86.5 | 88.7 | 88.0 | 82.4 | 81.1 |
| Line 13 | Corporate equities | LM213064103 | 131.5 | 137.1 | 145.1 | 137.1 | 138.8 | 142.7 | 146.4 | 145.1 | 145.1 |
| Line 14 | Money market fund shares | FL213034003 | 72.0 | 81.9 | 80.9 | 81.9 | 80.8 | 78.7 | 79.3 | 80.9 | 81.2 |
| Line 15 | Mutual fund shares | LM213064203 | 63.1 | 65.8 | 69.6 | 65.8 | 66.6 | 68.5 | 70.3 | 69.6 | 69.6 |
| Line 16 | Trade receivables | FL213070003 | 327.4 | 334.5 | 364.8 | 334.5 | 343.9 | 351.2 | 359.4 | 364.8 | 378.1 |
| Line 17 | Taxes receivable | FL213078005 | 275.6 | 288.1 | 300.3 | 288.1 | 290.4 | 293.4 | 296.3 | 300.3 | 304.3 |
| Line 18 | Miscellaneous assets | FL213093003 | 169.4 | 180.0 | 190.4 | 180.0 | 182.2 | 187.4 | 192.2 | 190.4 | 190.4 |
| Line 19 | Total liabilities | FL214190005 | 7958.5 | 7967.2 | 7650.1 | 7967.2 | 8150.9 | 7836.6 | 7700.6 | 7650.1 | 7878.8 |
| Line 20 | Debt securities (municipal securities) | FL213162005 | 3262.7 | 3361.5 | 3518.7 | 3361.5 | 3388.6 | 3444.1 | 3489.5 | 3518.7 | 3564.3 |
| Line 21 | Short-term(2) | FL213162400 | 26.9 | 34.6 | 38.5 | 34.6 | 32.1 | 31.8 | 36.5 | 38.5 | 38.2 |
| Line 22 | Long-term | FL213162200 | 3235.8 | 3326.9 | 3480.1 | 3326.9 | 3356.5 | 3412.3 | 3453.0 | 3480.1 | 3526.1 |
| Line 23 | Loans | FL214141005 | 152.0 | 147.9 | 151.6 | 147.9 | 147.4 | 149.0 | 150.5 | 151.6 | 150.2 |
| Line 24 | Depository institution loans n.e.c. | FL213168003 | 127.7 | 122.5 | 125.4 | 122.5 | 121.6 | 123.0 | 124.5 | 125.4 | 123.9 |
| Line 25 | Other loans and advances | FL213169203 | 24.3 | 25.5 | 26.2 | 25.5 | 25.8 | 26.0 | 26.0 | 26.2 | 26.3 |
| Line 26 | Trade payables | FL213170003 | 1299.4 | 1372.3 | 1448.7 | 1372.3 | 1391.1 | 1409.9 | 1429.2 | 1448.7 | 1468.7 |
| Line 27 | Claims of pension fund on sponsor(3) | FL223073045 | 3244.4 | 3085.5 | 2531.1 | 3085.5 | 3223.8 | 2833.6 | 2631.4 | 2531.1 | 2695.5 |
Notes:
- State and Local Government Series (SLGS) nonmarketable Treasury securities classified as loans.
- Debt with original maturity of 13 months or less.
- Included in miscellaneous liabilities.
Last Update: June 11, 2026