Financial Accounts of the United States - Z.1
Financial accounts matrix--transactions (1) 🕮 PDF
Billions of dollars; seasonally adjusted
| Line | Description | Households and Nonprofit Organizations | Nonfinancial Business | Federal Government | State and Local Governments | Domestic Nonfinancial Sectors | Domestic Financial Sectors | Rest of the World | All Sectors | Instrument Discrepancy | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Use | Source | Use | Source | Use | Source | Use | Source | Use | Source | Use | Source | Use | Source | Use | Source | |||
| Column 1 | Column 2 | Column 3 | Column 4 | Column 5 | Column 6 | Column 7 | Column 8 | Column 9 | Column 10 | Column 11 | Column 12 | Column 13 | Column 14 | Column 15 | Column 16 | Column 17 | ||
| Line 1 | Gross saving less net cap. transfers | – | 4073.8 | – | 3711.1 | – | -1507.9 | – | 347.1 | – | 6624.0 | – | 688.4 | – | 1134.4 | – | 8446.8 | – |
| Line 2 | Capital consumption | – | 2625.9 | – | 2932.9 | – | 417.6 | – | 431.7 | – | 6408.1 | – | 369.0 | – | – | – | 6777.1 | – |
| Line 3 | Net saving (1 less 2) | – | 1447.9 | – | 778.2 | – | -1925.5 | – | -84.6 | – | 216.0 | – | 319.3 | – | 1134.4 | – | 1669.7 | – |
| Line 4 | Gross investment (5 plus 11) | 4703.2 | – | 3557.8 | – | -1316.7 | – | 284.6 | – | 7228.8 | – | 866.0 | – | 787.0 | – | 8881.8 | – | -435.0 |
| Line 5 | Capital expenditures | 3407.8 | – | 3699.9 | – | 470.8 | – | 661.4 | – | 8239.8 | – | 443.3 | – | 0.0 | – | 8683.2 | – | -236.4 |
| Line 6 | Consumer durables | 2114.8 | – | – | – | – | – | – | – | 2114.8 | – | – | – | – | – | 2114.8 | – | – |
| Line 7 | Residential | 985.2 | – | 207.5 | – | 3.0 | – | 7.9 | – | 1203.6 | – | – | – | – | – | 1203.6 | – | – |
| Line 8 | Nonresidential | 326.2 | – | 3481.3 | – | 467.9 | – | 631.0 | – | 4906.4 | – | 443.3 | – | – | – | 5349.7 | – | – |
| Line 9 | Inventory change | – | – | 15.1 | – | – | – | – | – | 15.1 | – | – | – | – | – | 15.1 | – | – |
| Line 10 | Nonproduced nonfinancial assets | -18.3 | – | -4.1 | – | -0.1 | – | 22.5 | – | -0.0 | – | – | – | 0.0 | – | – | – | – |
| Line 11 | Net lending (+) or net borrowing (-) | 1295.4 | – | -142.1 | – | -1787.5 | – | -376.8 | – | -1011.0 | – | 422.6 | – | 787.0 | – | 198.6 | – | -198.6 |
| Line 12 | Net acquisition of financial assets | 1995.4 | – | 1767.9 | – | 362.9 | – | 133.3 | – | 4259.5 | – | 5836.7 | – | 2632.8 | – | 12729.0 | – | – |
| Line 13 | Net increase in liabilities and equity | – | 700.0 | – | 1910.0 | – | 2150.3 | – | 510.1 | – | 5270.4 | – | 5414.1 | – | 1845.9 | – | 12530.4 | – |
| Line 14 | Monetary gold and SDRs | – | – | – | – | -1.4 | 0.0 | – | – | -1.4 | 0.0 | – | – | 0.0 | -1.4 | -1.4 | -1.4 | – |
| Line 15 | Interbank assets and liabilities | – | – | – | – | – | – | – | – | – | – | 135.3 | 197.1 | 233.0 | 172.1 | 368.3 | 369.2 | 0.9 |
| Line 16 | Checkable dep. and currency | 1084.6 | – | 298.4 | – | 147.9 | 0.4 | 40.8 | – | 1571.7 | 0.4 | 85.5 | 1690.3 | 30.0 | – | 1687.2 | 1690.6 | 3.4 |
| Line 17 | Time and savings deposits | -644.8 | – | 126.6 | – | -0.2 | – | -20.3 | – | -538.6 | – | 7.7 | -537.0 | -6.2 | – | -537.0 | -537.0 | – |
| Line 18 | Other deposits | 9.7 | – | 13.9 | – | 11.6 | 0.0 | – | – | 35.2 | 0.0 | -0.8 | 0.9 | – | 173.8 | 34.4 | 174.7 | 140.3 |
| Line 19 | Debt securities | -55.6 | 16.4 | 48.6 | 299.9 | 1.3 | 1931.6 | 87.5 | 157.5 | 81.8 | 2405.3 | 2203.3 | 654.7 | 1002.0 | 227.0 | 3287.1 | 3287.1 | – |
| Line 20 | Open market paper | – | – | 27.6 | 14.6 | – | – | 32.4 | – | 59.9 | 14.6 | 85.8 | 116.1 | 3.4 | 18.5 | 149.1 | 149.1 | – |
| Line 21 | Treasury securities | 248.7 | – | 16.0 | – | – | 1930.2 | 31.8 | – | 296.5 | 1930.2 | 1088.7 | – | 545.0 | – | 1930.2 | 1930.2 | – |
| Line 22 | Agency- and GSE-backed sec. | -132.8 | – | 3.8 | – | 0.0 | 1.4 | 14.3 | – | -114.7 | 1.4 | 267.0 | 211.8 | 60.9 | – | 213.2 | 213.2 | – |
| Line 23 | Municipal securities | 97.4 | 16.4 | 1.3 | 15.3 | – | – | 2.3 | 157.5 | 100.9 | 189.2 | 81.7 | – | 6.5 | – | 189.2 | 189.2 | – |
| Line 24 | Corporate and fgn. bonds | -268.9 | – | -0.0 | 270.0 | 1.3 | – | 6.8 | – | -260.8 | 270.0 | 680.1 | 326.9 | 386.2 | 208.5 | 805.4 | 805.4 | – |
| Line 25 | Loans | 43.8 | 665.0 | 49.8 | 715.0 | 112.6 | 360.7 | 11.4 | 3.6 | 217.6 | 1744.2 | 3076.9 | 593.3 | 334.9 | 747.3 | 3629.4 | 3084.8 | -544.6 |
| Line 26 | Fed. funds and security repos | – | – | 39.5 | – | 2.6 | – | 13.1 | – | 55.2 | – | 907.0 | 218.9 | 230.8 | 429.5 | 1193.0 | 648.4 | -544.6 |
| Line 27 | Depository inst. loans n.e.c. | – | 64.5 | – | 119.5 | – | – | – | 2.9 | – | 187.0 | 583.6 | 147.5 | – | 249.1 | 583.6 | 583.6 | – |
| Line 28 | Private credit loans | – | – | – | 212.1 | – | – | – | – | – | 212.1 | 200.6 | 25.9 | 39.3 | 1.9 | 239.9 | 239.9 | – |
| Line 29 | Consumer credit | -2.8 | 107.2 | 0.0 | – | 60.1 | – | – | – | 57.2 | 107.2 | 49.9 | – | – | – | 107.2 | 107.2 | – |
| Line 30 | Mortgages | -8.3 | 430.0 | 10.3 | 268.5 | 7.6 | 0.0 | 14.5 | – | 24.1 | 698.6 | 674.5 | – | – | – | 698.6 | 698.6 | – |
| Line 31 | Other loans and advances | 54.9 | 63.2 | – | 114.8 | 42.3 | 360.7 | -16.2 | 0.7 | 81.0 | 539.5 | 661.3 | 200.9 | 64.9 | 66.9 | 807.3 | 807.3 | – |
| Line 32 | Corporate equities | 824.0 | – | -172.3 | -348.2 | 10.5 | – | -14.5 | – | 647.7 | -348.2 | -130.6 | 1384.8 | 646.7 | 127.2 | 1163.8 | 1163.8 | – |
| Line 33 | U.S. direct investment: equity | – | – | 325.5 | – | – | – | – | – | 325.5 | – | 24.7 | – | – | 350.2 | 350.2 | 350.2 | – |
| Line 34 | Foreign direct investment: equity | – | – | – | 288.3 | – | – | – | – | – | 288.3 | – | 4.2 | 292.5 | – | 292.5 | 292.5 | – |
| Line 35 | Miscellaneous other equity | 69.5 | – | 0.7 | 39.2 | -0.9 | – | – | – | 69.4 | 39.2 | 84.7 | 113.1 | – | 1.8 | 154.1 | 154.1 | – |
| Line 36 | Money market fund shares | 601.3 | – | 146.2 | – | – | – | -1.0 | – | 746.6 | – | 173.6 | 947.1 | 26.9 | – | 947.1 | 947.1 | – |
| Line 37 | Mutual fund shares | -301.5 | – | -24.4 | – | – | – | -4.8 | – | -330.7 | – | -528.7 | -787.7 | 71.6 | – | -787.7 | -787.7 | – |
| Line 38 | Hedge fund shares | -30.1 | – | – | – | – | – | 8.3 | – | -21.8 | – | -35.7 | -40.2 | -0.8 | -18.0 | -58.2 | -58.2 | – |
| Line 39 | Private debt fund shares | 5.9 | – | – | – | – | – | 2.6 | – | 8.5 | – | 27.7 | 30.0 | 4.4 | 10.6 | 40.5 | 40.5 | – |
| Line 40 | Life insurance reserves | -44.6 | – | – | – | – | 2.6 | – | – | -44.6 | 2.6 | 6.0 | -37.8 | 0.0 | -3.3 | -38.5 | -38.5 | – |
| Line 41 | Pension entitlements | 311.1 | – | – | – | – | – | – | – | 311.1 | – | -11.6 | 309.7 | -0.0 | -10.2 | 299.5 | 299.5 | – |
| Line 42 | Trade credit | 36.1 | 17.2 | 446.1 | 431.3 | 5.5 | 58.0 | 29.8 | 76.4 | 517.5 | 582.9 | 15.0 | -9.3 | 1.6 | -4.0 | 534.0 | 569.5 | 35.5 |
| Line 43 | Taxes payable | – | – | – | -52.8 | 75.9 | – | 13.3 | – | 89.2 | -52.8 | – | 24.0 | – | – | 89.2 | -28.8 | -118.1 |
| Line 44 | U.S. direct investment: debt | – | – | -17.2 | – | – | – | – | – | -17.2 | – | 8.2 | – | – | -8.9 | -8.9 | -8.9 | – |
| Line 45 | Foreign direct investment: debt | – | – | – | -43.2 | – | – | – | – | – | -43.2 | – | 9.4 | -33.8 | – | -33.8 | -33.8 | – |
| Line 46 | Miscellaneous | 85.8 | 1.4 | 525.9 | 580.6 | – | -202.8 | -19.8 | 272.6 | 591.8 | 651.8 | 695.3 | 867.7 | 30.2 | 81.8 | 1317.3 | 1601.2 | 283.9 |
| Line 47 | Sector discrepancies (1 less 4) | -629.4 | – | 153.3 | – | -191.2 | – | 62.5 | – | -604.8 | – | -177.6 | – | 347.4 | – | -435.0 | – | -435.0 |
| Line 48 | Trade credit | 36.1 | 17.2 | 446.1 | 431.3 | 5.5 | 58.0 | 29.8 | 76.4 | 517.5 | 582.9 | 15.0 | -9.3 | 1.6 | -4.0 | 534.0 | 569.5 | 35.5 |
| Line 49 | Taxes payable | – | – | – | -52.8 | 75.9 | – | 13.3 | – | 89.2 | -52.8 | – | 24.0 | – | – | 89.2 | -28.8 | -118.1 |
| Line 50 | U.S. direct investment: debt | – | – | -17.2 | – | – | – | – | – | -17.2 | – | 8.2 | – | – | -8.9 | -8.9 | -8.9 | – |
| Line 51 | Foreign direct investment: debt | – | – | – | -43.2 | – | – | – | – | – | -43.2 | – | 9.4 | -33.8 | – | -33.8 | -33.8 | – |
| Line 52 | Miscellaneous | 85.8 | 1.4 | 525.9 | 580.6 | – | -202.8 | -19.8 | 272.6 | 591.8 | 651.8 | 695.3 | 867.7 | 30.2 | 81.8 | 1317.3 | 1601.2 | 283.9 |
| Line 53 | Sector discrepancies (1 less 4) | -629.4 | – | 153.3 | – | -191.2 | – | 62.5 | – | -604.8 | – | -177.6 | – | 347.4 | – | -435.0 | – | -435.0 |
NOTES
- General Notes: U = use of funds; S = source of funds. Domestic nonfinancial sectors (columns 9 and 10) are households and nonprofit organizations, nonfinancial business, state and local governments, and federal government.
Last Update: September 11, 2026