S1M.i.q Households and nonprofit institutions serving households 🕮 PDF
Line Description Series 2024:Q2 2024:Q3 2024:Q4 2025:Q1 2025:Q2 2025:Q3 2025:Q4 2026:Q1
Current account
Line 1 Gross value added FA156902505 3671.0 3729.0 3787.7 3835.7 3879.0 3916.2 3957.5 3998.4
Line 2 Less: Consumption of fixed capital FA156300003 873.4 885.4 891.6 899.0 906.3 921.0 929.2 934.8
Line 3 Equals: Net value added FA156902605 2797.6 2843.6 2896.1 2936.8 2972.8 2995.2 3028.3 3063.6
Line 4 Compensation paid by households and NPISHs FA156025005 1285.2 1307.6 1333.2 1345.2 1358.0 1369.7 1391.9 1406.7
Line 5 Taxes on production and imports less subsidies FA156240101 263.2 266.7 268.0 273.8 278.5 286.8 290.5 294.8
Line 6 Operating surplus, net FA156402101 1249.1 1269.2 1294.9 1317.7 1336.2 1338.6 1346.0 1362.1
Line 7 Net national income/Balance of primary incomes, net FA156140005 21632.5 21809.6 22069.8 22362.1 22477.5 22705.6 22830.4 23047.1
Line 8 Operating surplus, net FA156402101 1249.1 1269.2 1294.9 1317.7 1336.2 1338.6 1346.0 1362.1
Line 9 Compensation of employees (received) FA156025105 14943.7 15115.7 15309.1 15510.9 15610.3 15836.9 15949.6 16077.7
Line 10 Wages and salaries FA156020101 12317.2 12458.4 12626.6 12788.7 12860.0 13049.3 13136.6 13241.6
Line 11 Employers' social contributions FA156401101 2626.5 2657.3 2682.5 2722.2 2750.3 2787.5 2813.0 2836.1
Line 12 Property income received, net FA156150175 5439.7 5424.6 5465.8 5533.4 5530.9 5530.1 5534.9 5607.2
Line 13 Net national income/Balance of primary incomes, net FA156140005 21632.5 21809.6 22069.8 22362.1 22477.5 22705.6 22830.4 23047.1
Line 14 Less: Current taxes on income, wealth, etc. (paid) FA156220001 2957.6 3019.1 3072.9 3154.0 3200.9 3268.4 3311.7 3220.1
Line 15 Plus: Social benefits (received) FA156404105 4424.9 4492.8 4558.7 4685.0 4852.0 4901.6 4941.9 4982.1
Line 16 Less: Social contributions (paid) FA156600001 1912.9 1935.4 1959.4 1995.9 2005.1 2031.3 2043.9 2079.7
Line 17 Plus: Other current transfers (received) FA156403101 108.7 94.8 94.4 103.0 100.3 112.3 111.6 105.8
Line 18 Less: Other current transfers (paid) FA156403001 276.8 282.6 286.8 281.9 293.5 295.7 294.6 293.4
Line 19 Equals: Disposable income, net FA156012095 21018.7 21160.1 21403.7 21718.3 21930.3 22124.3 22233.8 22541.6
Line 20 Less: Final consumption expenditures FA156901001 19756.1 20032.8 20351.3 20555.0 20789.9 21111.2 21363.4 21677.7
Line 21 Equals: Net saving FA156006005 1262.6 1127.2 1052.4 1163.3 1140.3 1013.1 870.4 863.9
 
Capital account
Line 22 Net saving less capital transfers FA156006315 1288.8 1179.4 1127.5 1246.2 1118.9 993.1 851.4 839.9
Line 23 Net saving FA156006005 1262.6 1127.2 1052.4 1163.3 1140.3 1013.1 870.4 863.9
Line 24 Less: Capital transfers paid (net) FA155440005 -26.2 -52.2 -75.1 -82.9 21.4 20.0 19.0 24.1
Line 25 Capital formation, net FA155050905 380.1 368.3 388.9 393.5 384.3 371.0 367.9 354.6
Line 26 Gross fixed capital formation, excluding consumer durables FA155019005 1270.6 1271.0 1298.0 1310.2 1308.7 1310.5 1316.0 1308.5
Line 27 Residential FA155012005 968.0 966.6 985.2 989.1 982.7 982.5 986.3 972.8
Line 28 Nonresidential (nonprofit organizations) FA165013005 302.6 304.4 312.8 321.2 325.9 328.0 329.7 335.7
Line 29 Less: Consumption of fixed capital FA156300003 873.4 885.4 891.6 899.0 906.3 921.0 929.2 934.8
Line 30 Acquisition of nonproduced nonfinancial assets FA155420003 -17.0 -17.3 -17.6 -17.8 -18.1 -18.5 -18.9 -19.2
Line 31 Net lending (+) or borrowing (-), capital account (lines 22-25) FA155000905 908.6 811.2 738.7 852.7 734.7 622.1 483.4 485.3
 
Financial account
Line 32 Net lending (+) or borrowing (-) (line 31) FA155000905 908.6 811.2 738.7 852.7 734.7 622.1 483.4 485.3
Line 33 Net acquisition of financial assets FA154090005 2154.6 3077.5 2166.3 2950.3 1820.5 2566.1 1101.5 2826.1
Line 34 Currency and deposits FA154000005 -348.4 -8.8 102.6 681.6 936.8 323.8 -434.8 1006.8
Line 35 Currency and transferable deposits FA153020005 -484.4 -83.6 109.0 684.3 582.9 32.3 2935.1 875.3
Line 36 Time and savings deposits FA153030005 131.5 62.1 -2.7 -10.3 342.8 270.8 -3373.9 114.0
Line 37 Other deposits FA153030505 4.5 12.7 -3.6 7.6 11.0 20.7 4.0 17.5
Line 38 Debt securities FA154022005 723.4 779.3 -459.0 196.0 62.3 -156.7 -784.9 -814.5
Line 39 Treasury securities FA153061105 469.4 354.9 -92.2 546.3 381.6 115.8 60.9 241.9
Line 40 Agency- and GSE-backed securities(1) FA153061705 80.5 -45.2 357.2 -421.9 -160.5 -33.2 46.0 -398.0
Line 41 Municipal securities FA153062005 232.1 90.2 -63.0 94.4 272.1 81.4 -51.6 116.0
Line 42 Corporate and foreign bonds FA153063005 -58.5 379.4 -661.0 -22.8 -430.9 -320.6 -840.2 -774.3
Line 43 Loans FA154035005 -153.6 294.0 -111.8 362.2 91.4 54.2 -32.0 229.3
Line 44 Short-term FA154041005 -150.7 298.6 -107.3 367.3 95.8 62.4 -26.0 236.9
Line 45 Long-term (mortgages) FA153065005 -3.0 -4.6 -4.5 -5.1 -4.4 -8.1 -6.0 -7.6
Line 46 Equity and investment fund shares FA153081005 1297.7 1470.3 2035.7 1441.1 335.6 1971.5 1822.1 2017.3
Line 47 Corporate equities FA153064105 1191.0 685.8 971.3 938.7 -24.3 1479.6 1060.1 1402.4
Line 48 Mutual fund shares FA153064205 -431.6 -13.6 -123.5 -198.3 13.4 -218.8 -337.0 -78.5
Line 49 Money market fund shares FA153034005 419.1 703.2 1089.6 551.0 259.5 632.7 1043.8 568.4
Line 50 Equity in noncorporate business FA152090205 119.2 95.0 98.3 149.6 87.0 78.0 55.2 125.0
Line 51 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 52 Insurance, pension and standardized guarantee schemes FA153052005 599.0 506.2 562.3 233.3 358.3 337.2 495.0 350.7
Line 53 Insurance receivables due from property-casualty insurance companies FA153076005 78.7 90.0 -0.6 67.1 37.2 37.0 7.7 -3.5
Line 54 Life insurance reserves FA153040005 50.0 27.2 62.5 -52.2 -43.2 -35.7 -40.3 40.9
Line 55 Pension entitlements(3) FA153050005 461.6 367.0 441.5 202.4 335.0 316.3 454.3 274.0
Line 56 Non-life insurance reserves at life insurance companies FA153095105 -19.9 11.0 11.6 -1.7 12.9 -4.5 -9.2 23.3
Line 57 Retiree Health Care Funds FA313195105 28.6 11.0 47.4 17.8 16.4 24.2 82.5 16.1
Line 58 Other accounts receivable FA163096005 36.5 36.5 36.5 36.1 36.1 36.1 36.1 36.4
Line 59 Net incurrence of liabilities FA154190005 584.3 613.5 687.3 447.4 852.1 870.1 666.7 580.1
Line 60 Debt securities (municipals) FA163162003 14.3 7.1 2.3 8.3 24.6 13.2 18.7 13.2
Line 61 Loans FA154135005 551.8 594.9 666.7 410.2 812.0 850.9 623.8 530.2
Line 62 Short-term FA154141005 117.4 136.9 327.3 55.0 302.2 336.8 314.6 219.0
Line 63 Depository institution loans n.e.c. FA153168005 -14.9 -14.9 42.1 -21.1 -1.5 -20.1 3.6 25.0
Line 64 Consumer credit FA153166000 45.9 127.9 115.0 65.1 141.8 113.9 107.0 131.8
Line 65 Other loans and advances FA153169005 86.4 23.9 170.2 11.0 161.9 243.0 204.0 62.3
Line 66 Long-term (mortgages) FA153165005 434.4 457.9 339.4 355.2 509.8 514.1 309.2 311.2
Line 67 Insurance, pension and standardized guarantee schemes FA543077073 0.2 -6.4 0.4 11.7 -1.7 -11.2 7.0 18.8
Line 68 Other accounts payable (trade debt) FA163170005 17.9 17.9 17.9 17.2 17.2 17.2 17.2 17.8
 
Addendum:
Line 69 Net lending (+) or borrowing (-), financial account (lines 33-59) FA155000005 1570.4 2463.9 1479.0 2503.0 968.4 1696.0 434.9 2246.0
 
Other changes in volume account
Line 70 Total other volume changes FV158090185 -177.6 313.2 892.4 399.2 170.7 504.5 430.5 599.6
Line 71 Net investment in consumer durable goods FU155111005 80.8 85.9 98.2 104.8 105.1 98.8 94.0 97.1
Line 72 Disaster losses FV152010005 4.2 4.3 -8.8 4.4 4.5 4.6 4.7 4.8
Line 73 Other volume changes FV158090085 -196.8 -171.8 282.4 22.1 242.3 116.8 -24.5 251.0
Line 74 Less: Statistical discrepancy(4) FU157005045 65.8 -394.8 -520.5 -267.9 181.2 -284.4 -356.3 -246.8
 
Revaluation account
Line 75 Nonfinancial assets FR152010005 1627.8 -425.6 -421.2 427.6 1093.3 -218.7 -398.5 994.7
Line 76 Real estate FR155035005 1671.4 -390.9 -422.7 402.6 1018.9 -249.5 -433.4 837.9
Line 77 Equipment FR165015205 3.0 3.6 0.3 0.2 4.9 9.5 5.9 7.3
Line 78 Intellectual property products FR165013765 1.6 2.2 1.7 -0.3 -1.2 3.1 3.3 0.5
Line 79 Consumer durable goods FR155111005 -48.3 -40.5 -0.4 25.1 70.7 18.3 25.8 148.9
Line 80 Financial assets FR154090005 1228.4 3917.4 141.6 -1437.3 4791.5 4671.6 1619.1 -1854.6
Line 81 Currency and deposits FR154000005 -0.3 -0.1 0.1 -0.2 4.0 0.0 0.0 0.0
Line 82 Debt securities FR154022005 -14.0 190.9 -167.1 56.8 -6.5 80.1 16.6 -46.9
Line 83 Corporate equities FR153064105 778.4 2396.0 449.4 -940.8 2880.3 2884.6 1247.0 -1384.5
Line 84 Mutual fund shares FR153064205 131.9 626.6 -189.0 -205.4 923.6 666.6 163.7 -296.4
Line 85 Equity in noncorporate business FR152090205 145.8 46.0 90.5 -21.7 -18.7 268.2 -19.7 276.4
Line 86 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 87 Insurance, pension and standardized guarantee schemes FR153052005 186.6 658.1 -42.3 -326.0 1008.9 772.0 211.4 -403.2
Line 88 Changes in net worth due to nominal holding gains/losses FR152090005 2856.2 3491.8 -279.5 -1009.7 5884.8 4452.9 1220.6 -859.9
 
Changes in balance sheet account
Line 89 Change in net worth(5) FC152090005 2989.1 4114.0 771.9 -152.1 6322.4 5206.2 1729.5 113.1
 
Balance sheet account (end of period)
Line 90 Total assets FL152000005 185616.2 189900.8 190620.9 190482.7 196975.3 202414.1 204373.5 204539.9
Line 91 Nonfinancial assets LM152010005 60564.8 60315.6 60076.3 60707.4 62001.2 61968.1 61755.1 62934.7
Line 92 Real estate LM155035005 51662.0 51354.9 51007.8 51499.2 52602.4 52428.3 52074.7 52987.3
Line 93 Consumer durable goods LM155111005 7968.1 8013.4 8111.2 8241.1 8416.9 8534.0 8653.8 8899.8
Line 94 Equipment LM165015205 669.2 676.8 681.7 688.0 699.8 716.3 729.3 745.1
Line 95 Intellectual property products LM165013765 265.5 270.5 275.6 279.1 282.1 289.5 297.3 302.5
Line 96 Financial assets FL154090005 125051.4 129585.2 130544.6 129775.3 134974.1 140445.9 142618.4 141605.2
Line 97 Currency and deposits FL154000005 14273.5 14275.8 14465.7 14709.4 14718.1 14786.9 14849.6 15177.4
Line 98 Currency and transferable deposits FL153020005 4534.0 4485.3 4621.2 4845.7 4868.9 4831.8 5679.9 5948.9
Line 99 Time and savings deposits FL153030005 9685.1 9733.0 9787.9 9805.2 9788.0 9888.7 9102.3 9156.7
Line 100 Other deposits LM153030505 54.3 57.5 56.6 58.5 61.3 66.4 67.4 71.8
Line 101 Debt securities LM154022005 5643.2 5903.6 5825.6 5927.9 6034.2 6131.2 6198.8 6129.3
Line 102 Treasury securities LM153061105 2536.8 2738.6 2631.6 2829.4 2910.3 2968.5 3006.7 3039.0
Line 103 Agency- and GSE-backed securities(1) LM153061705 983.1 977.4 1046.5 953.5 945.9 917.2 928.8 823.6
Line 104 Municipal securities LM153062005 1926.9 1989.8 1952.5 1949.9 1983.2 2050.5 2069.3 2074.1
Line 105 Corporate and foreign bonds LM153063005 196.3 197.8 195.0 195.0 194.8 194.8 194.0 192.6
Line 106 Loans FL154035005 1355.8 1427.9 1201.1 1249.1 1244.9 1256.3 1239.0 1298.0
Line 107 Short-term FL154041005 1283.2 1356.5 1130.8 1180.1 1177.0 1190.4 1174.6 1235.5
Line 108 Long-term (mortgages) FL153065005 72.6 71.4 70.3 69.0 67.9 65.9 64.4 62.5
Line 109 Equity and investment fund shares FL153081005 67773.6 71168.8 72109.3 71210.4 75193.5 79627.0 81329.7 80311.7
Line 110 Corporate equities LM153064105 35810.5 38294.8 39020.0 38347.8 41322.2 44657.4 45986.8 44963.9
Line 111 Mutual fund shares LM153064205 11934.4 12548.5 12332.9 12071.6 13005.5 13610.9 13696.4 13369.3
Line 112 Money market fund shares FL153034005 4190.9 4396.6 4707.2 4793.7 4843.1 5030.2 5329.0 5419.1
Line 113 Equity in noncorporate business LM152090205 15837.9 15928.9 16049.2 15997.3 16022.6 16328.4 16317.6 16559.4
Line 114 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 115 Insurance, pension and standardized guarantee schemes FL153052005 35572.6 36367.2 36491.8 36218.4 37314.3 38166.5 38514.2 38192.6
Line 116 Insurance receivables due from property-casualty insurance companies FL153076005 810.2 832.7 832.6 849.3 858.6 867.9 869.8 868.9
Line 117 Life insurance reserves FL153040005 2121.7 2150.8 2161.9 2141.3 2159.8 2172.8 2168.2 2167.9
Line 118 Pension entitlements(3) FL153050005 31793.8 32534.8 32621.4 32354.0 33416.8 34245.3 34564.6 34240.8
Line 119 Non-life insurance reserves at life insurance companies FL153095105 430.8 434.0 436.8 436.2 440.1 439.4 437.2 442.8
Line 120 Retiree Health Care Funds FL313195105 416.1 415.0 439.1 437.6 438.9 441.0 474.3 472.2
Line 121 Other accounts receivable FL163096005 432.8 441.9 451.0 460.1 469.1 478.1 487.1 496.2
Line 122 Total liabilities and net worth FL152100005 185616.2 189900.8 190620.9 190482.7 196975.3 202414.1 204373.5 204539.9
Line 123 Liabilities FL154190005 20741.5 20912.0 20860.2 20874.1 21044.2 21276.8 21506.7 21560.0
Line 124 Debt securities (municipals) FL163162003 214.8 216.6 217.1 219.2 225.3 228.6 233.3 236.6
Line 125 Loans FL154135005 19979.9 20145.7 20088.8 20093.4 20253.5 20481.3 20700.4 20741.3
Line 126 Short-term FL154141005 6264.0 6313.2 6144.5 6092.7 6127.3 6227.1 6338.1 6333.5
Line 127 Depository institution loans n.e.c. FL153168005 482.7 478.9 347.4 277.6 238.8 233.7 234.6 240.9
Line 128 Consumer credit FL153166000 4980.9 5027.8 4948.1 4963.3 4996.3 5040.3 5099.4 5073.0
Line 129 Other loans and advances FL153169005 800.5 806.5 849.1 851.8 892.3 953.0 1004.1 1019.6
Line 130 Long-term (mortgages) FL153165005 13715.8 13832.5 13944.3 14000.6 14126.1 14254.2 14362.3 14407.8
Line 131 Insurance, pension and standardized guarantee schemes FL543077073 41.0 39.4 39.5 42.4 42.0 39.2 41.0 45.7
Line 132 Other accounts payable (trade debt) FL163170005 505.8 510.3 514.8 519.1 523.4 527.7 532.0 536.4
Line 133 Net worth FL152090005 164874.7 168988.8 169760.7 169608.6 175931.1 181137.3 182866.8 182979.9

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: June 11, 2026