Federal Reserve Statistical Release, Z.1,
 Flow of Funds Accounts of the United States; title with eagle logo links to Statistical Release home page

Release Date: December 6, 2012
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F.105.c Consolidated Statement for Federal, State, and Local Governments
Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description
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Consolidated governments; current receipts, NIPA basis 4051.6 3705.3 3906.8 4086.1 4065.7 4093.2 4076.4 4109.2 4260.1 4259.3 4283.2 1
Consolidated governments; personal current taxes 1435.7 1144.6 1194.8 1398.0 1372.5 1396.6 1403.8 1419.1 1450.8 1465.2 1475.5 2
Consolidated governments; taxes on production and imports, receivable (IMA) 1038.6 1023.2 1055.0 1097.9 1084.5 1099.0 1098.2 1109.8 1128.5 1130.9 1131.2 3
Consolidated governments; taxes on corporate income (accrual basis) 281.0 245.9 349.5 351.8 373.1 358.1 334.2 341.8 425.9 414.4 433.7 4
Federal government; taxes from the rest of the world 18.8 14.8 15.1 15.9 14.1 14.9 17.0 17.4 15.4 16.9 17.7 5
Consolidated governments; contributions for government social insurance received 992.1 968.1 988.2 923.8 918.9 923.6 925.3 927.3 947.1 949.0 952.2 6
Consolidated governments; property income (received) 137.5 143.1 141.8 141.7 142.4 142.0 142.1 140.5 140.3 139.0 137.9 7
Consolidated governments; other current transfers received 163.9 181.2 181.9 183.7 183.4 183.6 183.4 184.4 184.2 178.1 170.4 8
Consolidated governments; operating surplus, net -16.0 -15.6 -19.5 -26.5 -23.1 -24.4 -27.5 -31.1 -32.0 -34.1 -35.5 9
Consolidated governments; current expenditures 4737.3 5047.9 5304.4 5425.5 5391.7 5475.6 5426.4 5408.3 5446.5 5498.3 5495.8 10
Consolidated governments; consumption expenditures 2381.0 2460.3 2552.0 2579.5 2565.5 2591.3 2591.0 2570.4 2586.9 2580.3 2618.8 11
Consolidated governments; social contributions paid 1857.9 2116.5 2253.4 2291.4 2292.9 2291.8 2287.6 2293.4 2320.4 2337.1 2359.9 12
Consolidated governments; other current transfers paid 45.3 53.5 54.7 58.7 55.9 65.3 56.0 57.5 59.7 58.4 55.8 13
Consolidated governments; interest paid 400.2 357.9 387.4 434.2 417.7 465.3 429.5 424.4 418.6 461.5 400.7 14
Consolidated governments; subsidies paid 52.9 59.7 57.0 61.6 59.6 61.9 62.4 62.7 60.8 61.0 60.6 15
Consolidated governments; wage accruals less disbursements 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16
Consolidated governments; net saving including net capital transfers paid -685.7 -1342.6 -1397.7 -1339.4 -1326.0 -1382.3 -1350.0 -1299.1 -1186.4 -1239.0 -1212.6 17
Consolidated governments; consumption of fixed capital, equipment, software, and structures, current cost basis 311.2 323.5 333.5 349.4 342.6 347.1 352.4 355.5 359.0 362.8 365.6 18
Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability -0.6 0.5 -1.7 -0.4 -2.7 -0.1 0.5 0.6 -2.7 -0.1 -1.3 19
Households and nonprofit organizations; adjustment to contributions for government social insurance paid for U.S. affiliated areas 4.8 5.0 4.9 4.4 4.4 4.4 4.5 4.5 4.6 4.6 4.6 20
Consolidated governments; net capital transfers paid excluding payments under the financial stabilization program 3.0 14.9 28.1 28.3 27.2 31.6 31.9 22.6 14.5 11.8 13.6 21
Consolidated governments; gross saving less net capital transfers paid -381.7 -1039.3 -1095.4 -1022.3 -1012.3 -1071.2 -1034.5 -971.2 -843.8 -892.6 -864.0 22
Consolidated governments; gross investment -449.1 -972.8 -1002.0 -995.5 -1196.7 -67.0 -1721.7 -996.6 -1203.6 -713.6 -296.2 23
Consolidated governments; gross fixed investment 497.2 506.9 505.5 480.2 482.6 480.9 476.8 480.5 467.6 473.4 471.4 24
Consolidated governments; acquisition of nonproduced nonfinancial assets (net) -5.1 5.6 11.8 11.4 11.8 11.3 10.8 11.6 10.7 10.8 12.8 25
Consolidated governments; net lending (+) or borrowing (-) (financial account) -941.2 -1485.3 -1519.3 -1487.1 -1691.1 -559.3 -2209.3 -1488.7 -1682.0 -1197.8 -780.3 26
Consolidated governments; total financial assets 527.9 166.5 275.4 -253.8 -734.4 -30.5 -287.6 37.2 -148.8 193.5 -0.1 27
Federal government; U.S. official reserve assets 4.2 51.9 1.6 16.2 16.3 24.8 16.0 7.9 4.6 13.0 8.4 28
Consolidated governments; checkable deposits and currency; asset 321.6 -155.0 155.5 -241.7 -830.9 7.4 -312.6 169.2 -131.9 87.7 -34.3 29
Consolidated governments; total time and savings deposits; asset 17.9 11.2 -0.4 17.7 -1.6 32.9 11.1 28.5 0.3 32.5 38.9 30
State and local governments, excluding employee retirement funds; money market mutual fund shares; asset -3.3 8.7 7.7 -3.3 0.3 0.1 -9.3 -4.4 -3.9 -4.5 9.2 31
State and local governments, excluding employee retirement funds; federal funds and security repurchase agreements; asset -15.7 -4.0 -5.2 -8.3 -11.1 -11.1 -7.4 -3.5 -3.1 -3.6 7.2 32
Consolidated governments; credit market instruments; asset -58.4 197.4 126.1 -38.6 114.3 -73.6 -81.3 -113.9 -25.7 70.3 226.5 33
State and local governments, excluding employee retirement funds; commercial paper; asset -81.9 -73.4 60.1 23.9 43.6 43.7 -8.0 16.2 -3.4 -3.9 7.8 34
Consolidated governments; agency- and GSE-backed securities; asset 18.3 110.2 -63.2 -165.1 -83.9 -180.2 -183.5 -212.8 -161.7 -20.9 70.6 35
State and local governments, excluding employee retirement funds; municipal securities and loans; asset -0.1 0.9 0.8 -0.2 0.2 0.2 -0.8 -0.4 -0.3 -0.4 0.8 36
Consolidated governments; corporate and foreign bonds; asset -11.4 3.4 1.8 -7.0 -6.5 -6.6 -10.2 -4.8 -4.3 -4.9 9.4 37
Consolidated governments; total mortgages; asset 0.1 16.8 -6.2 -2.8 2.9 -1.1 -12.4 -0.6 -0.7 -4.2 15.4 38
Federal government; consumer credit, student loans; asset 11.3 74.3 130.2 108.7 149.8 83.0 127.5 74.4 135.8 99.0 135.5 39
Consolidated governments; other loans and advances; asset 5.2 65.2 2.7 4.0 8.2 -12.5 6.0 14.1 8.9 5.4 -12.9 40
Consolidated governments; corporate equities; asset 263.9 11.0 8.4 33.7 35.6 43.6 42.1 13.3 -57.6 -10.3 -15.8 41
State and local governments, excluding employee retirement funds; mutual fund shares; asset 15.6 -8.0 -5.0 -2.0 -10.2 -0.4 21.2 -18.5 -19.5 4.0 -10.2 42
Consolidated governments; trade receivables; asset -18.1 -39.7 -20.0 -4.9 -22.5 -10.1 6.2 6.8 -5.2 6.9 -2.4 43
Consolidated governments; taxes receivable; asset -59.8 29.2 25.7 35.0 54.3 26.2 61.6 -2.4 81.3 24.3 49.8 44
Consolidated governments; total miscellaneous assets 60.0 63.8 -19.0 -57.6 -78.7 -70.4 -35.3 -45.8 11.9 -26.8 -277.3 45
Consolidated governments; total liabilities 1469.2 1651.8 1794.8 1233.3 956.7 528.8 1921.7 1525.9 1533.2 1391.3 780.3 46
Federal government; special drawing rights (SDRs) allocations; liability 0.0 47.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 47
Monetary authority; SDR certificates issued by federal government; asset 0.0 3.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 48
Federal government; Treasury currency; liability -0.8 -0.4 -0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 49
Consolidated governments; credit market instruments; liability 1317.8 1535.6 1657.4 1067.8 819.8 778.4 1391.7 1281.2 1437.5 1249.1 653.6 50
Federal government; U.S. savings bonds; liability -2.4 -2.8 -3.3 -2.7 -4.3 -3.8 -2.7 -0.1 -1.5 -2.4 -2.2 51
Federal government; Treasury securities, excluding U.S. savings bonds and Treasury securities held by state and local governments; liability 1302.9 1426.0 1591.4 1123.0 909.0 866.1 1398.0 1318.8 1443.9 1159.3 658.4 52
Federal government; budget agency securities; liability 0.2 0.1 0.7 1.1 1.2 0.2 1.9 1.1 -3.3 0.1 -0.3 53
State and local governments, excluding employee retirement funds; municipal securities and loans; liability 17.1 112.2 68.7 -53.6 -86.0 -84.1 -5.6 -38.6 -1.6 92.0 -2.4 54
Federal government; multifamily residential mortgages; liability 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 55
Consolidated governments; trade payables; liability 61.8 -16.5 46.2 61.3 82.1 36.3 59.6 67.1 58.4 22.7 63.5 56
Federal government; life insurance reserves; liability 1.0 1.1 0.9 1.3 0.3 1.7 1.2 1.9 0.5 1.5 -0.2 57
Federal government; total miscellaneous liabilities, including nonmarketable government securities held by federal government retirement funds 89.5 81.4 90.6 102.9 54.4 -287.6 469.2 175.6 36.8 118.0 63.4 58
Consolidated governments; sector discrepancy 67.4 -66.5 -93.4 -26.8 184.4 -1004.2 687.1 25.4 359.8 -179.0 -567.8 59
Consolidated governments; net government saving less fixed investment -1182.9 -1849.5 -1903.2 -1819.6 -1808.5 -1863.3 -1826.8 -1779.6 -1654.0 -1712.5 -1684.0 60
Consolidated governments; adjustment between NIPA and FOF 241.7 364.2 383.9 332.5 117.5 1304.0 -382.4 290.9 -28.0 514.6 903.6 61
Consolidated governments; items to be financed -941.2 -1485.3 -1519.3 -1487.1 -1691.1 -559.3 -2209.3 -1488.7 -1682.0 -1197.8 -780.3 62


Release dates | Announcements | Coded tables | Historical data
Current release | Screen reader | PDF (450 KB) | Data Download Program (DDP)

Statistical releases