S.8.Q State and Local Governments Table Description Table PDF

Billions of dollars
LineSeriesDescription2024
Q1
2024
Q2
2024
Q3
2024
Q4
2025
Q1
2025
Q2
2025
Q3
2025
Q4
Line
1FA216902505.QState and local governments; gross value added (Integrated Macroeconomic Accounts)2226.32257.32283.82312.92339.22364.22387.22408.11
2FA216300001.QState and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis)403.7407.8413.0417.3422.4427.9434.6441.82
3FA216902605.QState and local governments; net value added (Integrated Macroeconomic Accounts)1822.61849.51870.91895.61916.81936.31952.61966.33
4FA216025001.QState and local governments; compensation of employees paid (Integrated Macroeconomic Accounts)1867.91894.61916.31942.31964.11987.02004.82021.24
5FA216402101.QState and local governments; operating surplus, net-45.3-45.1-45.4-46.7-47.3-50.8-52.2-54.95
6FA216140005.QState and local governments; net national income/balance of primary incomes, net (Integrated Macroeconomic Accounts)1534.81560.91577.11600.41620.81637.11664.2 6
7FA216402101.QState and local governments; operating surplus, net-45.3-45.1-45.4-46.7-47.3-50.8-52.2-54.97
8FA216240001.QState and local governments; taxes on production and imports, receivable (Integrated Macroeconomic Accounts)1740.21763.21776.81798.11815.81832.51855.41877.38
9FA216402015.QState and local governments; subsidies paid (with negative sign) (Integrated Macroeconomic Accounts)-0.7-0.7-0.7-0.7-0.7-0.7-0.7-0.79
10FA216150175.QState and local governments; property income received, net (Integrated Macroeconomic Accounts)-159.4-156.5-153.5-150.2-146.9-143.9-138.3 10
11FA216140005.QState and local governments; net national income/balance of primary incomes, net (Integrated Macroeconomic Accounts)1534.81560.91577.11600.41620.81637.11664.2 11
12FA216220005.QState and local governments; current taxes on income, wealth, etc. received (Integrated Macroeconomic Accounts)733.5744.4765.8784.4800.1812.0805.4 12
13FA216601001.QState and local governments; contributions for government social insurance received25.026.627.628.328.629.029.530.213
14FA216404001.QState and local governments; social contributions paid1104.21133.91156.91165.01158.51195.01249.61266.314
15FA216403105.QState and local governments; other current transfer received1165.51131.01170.91170.41147.51172.71200.11182.115
16FA216403001.QState and local governments; other current transfer payments to the rest of the world0.00.00.00.00.00.00.00.016
17FA216012005.QState and local governments; disposable income, net (Integrated Macroeconomic Accounts)2354.52329.02384.62418.52438.42455.82449.6 17
18FA216901001.QState and local governments; consumption expenditures2513.72537.12565.02585.62623.02644.32691.82717.718
19FA216006095.QState and local governments; net saving including net capital transfers paid-159.2-208.1-180.4-167.2-184.6-188.6-242.2 19
20FA216006395.QState and local governments; net saving less net capital transfers paid-58.2-102.4-71.427.0-63.2-75.2-126.5 20
21FA216006095.QState and local governments; net saving including net capital transfers paid-159.2-208.1-180.4-167.2-184.6-188.6-242.2 21
22FA215440005.QState and local governments; net capital transfers paid-100.9-105.7-109.0-194.1-121.3-113.4-115.7-142.022
23FA215050905.QState and local governments; capital formation, net (Integrated Macroeconomic Accounts)200.6203.5212.2219.3222.2230.6231.1232.923
24FA215019001.QState and local governments; gross fixed investment (NIPA basis)583.8590.5604.0615.1622.8636.2642.9651.424
25FA216300001.QState and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis)403.7407.8413.0417.3422.4427.9434.6441.825
26FA215420003.QState and local governments; acquisition of nonproduced nonfinancial assets (net)20.420.721.121.521.922.322.723.226
27FA215000995.QState and local governments; net lending (+) or borrowing (-) (capital account)-258.8-305.9-283.6-192.3-285.4-305.8-357.5 27
28FA215000995.QState and local governments; net lending (+) or borrowing (-) (capital account)-258.8-305.9-283.6-192.3-285.4-305.8-357.5 28
29FA214090005.QState and local governments; total financial assets136.1269.1206.010.1420.2-110.1344.1-63.929
30FA214000005.QState and local governments; total currency and deposits; asset55.8-24.1-11.939.340.9-9.0-38.591.330
31FA213020005.QState and local governments; checkable deposits and currency; asset18.6-28.610.859.130.5-4.28.9130.631
32FA213030000.QState and local governments; total time and savings deposits; asset37.24.5-22.7-19.910.4-4.7-47.5-39.332
33FA214022005.QState and local governments; debt securities; asset127.2171.657.269.2239.1-87.2270.1-118.233
34FA213069103.QState and local governments; commercial paper; asset12.2-14.021.4-20.392.955.8-30.211.034
35FA213061103.QState and local governments; Treasury securities, excluding SLGS; asset128.9121.87.483.470.3-87.5199.4-84.735
36FA213061703.QState and local governments; agency- and GSE-backed securities; asset3.427.326.3-10.239.8-28.864.6-27.836
37FA213062003.QState and local governments; municipal securities; asset2.64.04.5-1.39.1-0.73.7-4.037
38FA213063003.QState and local governments; corporate and foreign bonds; asset-19.932.4-2.517.727.0-26.032.5-12.738
39FA214035005.QState and local governments; total loans including security repurchase agreements; asset12.884.690.2-102.34.151.741.3-57.139
40FA212051003.QState and local governments; security repurchase agreements; asset2.415.939.8-22.632.5-11.438.5-12.540
41FA214023005.QState and local governments; loans; asset10.468.750.4-79.7-28.363.12.8-44.641
42FA213081005.QState and local governments; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)-61.40.55.8-11.168.7-90.3-8.8-6.742
43FA213034003.QState and local governments; money market fund shares; asset2.14.114.219.26.02.314.220.243
44FA213064103.QState and local governments; corporate equities; asset-48.8-5.4-6.6-27.348.5-68.0-20.5-19.744
45FA213064203.QState and local governments; mutual fund shares; asset-14.71.8-1.8-2.914.3-24.6-2.6-7.145
46FA213096005.QState and local governments; other accounts receivable; asset (Integrated Macroeconomic Accounts)1.636.664.815.067.424.680.126.846
47FA213070003.QState and local governments; trade receivables; asset-31.523.722.821.540.531.036.922.747
48FA213078005.QState and local governments; taxes receivable; asset17.60.09.711.70.52.812.014.248
49FA213093003.QState and local governments; unidentified miscellaneous assets15.512.932.3-18.326.4-9.231.2-10.249
50FA214190005.QState and local governments; total liabilities409.7531.6464.5307.4480.9634.9533.3359.150
51FA213162005.QState and local governments; municipal securities; liability102.3199.1138.4-45.9145.9284.8191.47.251
52FA213162400.QState and local governments; short-term municipal securities; liability5.74.724.2-4.4-7.15.724.8-6.852
53FA213162200.QState and local governments; long-term municipal securities; liability96.6194.4114.2-41.5153.0279.1166.614.053
54FA214141005.QState and local governments; short-term loans; liability-23.71.1-6.110.21.415.76.015.954
55FA223073045.QState and local government employee defined benefit pension funds; claims of pension fund on sponsor; asset259.0259.0259.0269.4258.6258.9258.9258.155
56FA213170003.QState and local governments; trade payables; liability72.072.473.373.875.075.577.078.056
57FA215000005.QState and local governments; net lending (+) or borrowing (-) (financial account)-273.6-262.5-258.5-297.3-60.6-745.0-189.2-423.057
58FV218090185.QState and local governments; total other volume changes (Integrated Macroeconomic Accounts)-54.5-11.9-13.0-51.97.7-109.438.2 58
59FV212010095.QState and local governments; nonfinancial assets (does not include land)0.00.0-2.0-3.0-11.00.00.00.059
60FV218090085.QState and local governments; other volume changes (Integrated Macroeconomic Accounts)-23.0-33.0-28.7-28.7-6.2-10.6-11.4-9.760
61FU217005045.QState and local governments; statistical discrepancy (Integrated Macroeconomic Accounts)31.4-21.1-17.720.2-24.998.8-49.5 61
62FR212010095.QState and local governments; nonfinancial assets (does not include land)137.642.4105.585.2193.2125.490.2206.362
63FR215015605.QState and local governments; total residential and nonresidential structures134.538.1100.980.2194.9122.183.9201.563
64FR215013265.QState and local governments; nonresidential equipment, current cost basis2.52.42.23.2-0.13.23.92.364
65FR215013765.QState and local governments; nonresidential intellectual property products, current cost basis0.71.92.41.7-1.70.22.52.665
66FR214090005.QState and local governments; total financial assets-7.9-1.4103.1-77.237.527.537.04.466
67FR214022005.QState and local governments; debt securities; asset-24.5-6.091.9-79.645.87.022.40.567
68FR213081005.QState and local governments; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)16.64.511.22.4-8.320.514.63.868
69FR223073045.QState and local government employee defined benefit pension funds; claims of pension fund on sponsor; asset-230.2-78.8-238.346.976.3-362.4-272.0-147.769
70FR212090095.QState and local governments; net worth (Integrated Macroeconomic Accounts)359.9119.7446.9-38.9154.4515.3399.2358.570
71FC212090095.QState and local governments; net worth (Integrated Macroeconomic Accounts)291.876.6429.3-92.7150.0381.9422.3299.171
72FL212000095.QState and local governments; total assets (does not include land)20939.721081.321404.921480.921815.621979.922263.222532.172
73LM212010095.QState and local governments; nonfinancial assets (does not include land)16178.116268.616438.316561.916766.916946.517106.417359.373
74LM215015605.QState and local governments; total residential and nonresidential structures15648.115734.315899.616019.816227.416403.416555.916802.074
75LM215013265.QState and local governments; nonresidential equipment, current cost basis325.1325.3324.7324.0320.3320.8322.7323.775
76LM215013765.QState and local governments; nonresidential intellectual property products, current cost basis204.9209.1214.0218.2219.2222.3227.8233.676
77FL214090005.QState and local governments; total financial assets4761.64812.64966.74918.95048.75033.45156.85172.877
78FL214000005.QState and local governments; total currency and deposits; asset752.3739.4735.6764.7762.3753.5743.4785.978
79FL213020005.QState and local governments; checkable deposits and currency; asset379.3368.3367.2390.7397.1392.1390.4432.179
80FL213030000.QState and local governments; total time and savings deposits; asset373.1371.1368.5374.1365.2361.4353.0353.880
81FL214022005.QState and local governments; debt securities; asset2432.02468.92575.12512.82618.42603.52693.42664.481
82FL213069103.QState and local governments; commercial paper; asset267.6264.1269.5264.4287.6301.6294.0296.882
83FL213061103.QState and local governments; Treasury securities, excluding SLGS; asset1419.91446.51512.61475.11529.11510.21574.11553.383
84FL213061703.QState and local governments; agency- and GSE-backed securities; asset411.3419.0438.2427.3443.0437.5456.0450.084
85FL213062003.QState and local governments; municipal securities; asset44.345.147.246.047.747.149.148.585
86FL213063003.QState and local governments; corporate and foreign bonds; asset288.8294.2307.7300.0311.0307.2320.2315.986
87FL214035005.QState and local governments; total loans including security repurchase agreements; asset534.7546.8570.7554.1553.6556.6569.1564.087
88FL212051003.QState and local governments; security repurchase agreements; asset213.5217.5227.5221.8230.0227.1236.7233.688
89FL214023005.QState and local governments; loans; asset321.1329.3343.3332.3323.7329.5332.3330.589
90FL213081005.QState and local governments; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)267.9272.6285.2284.9293.8291.8304.1306.390
91FL213034003.QState and local governments; money market fund shares; asset72.573.677.181.983.484.087.692.691
92LM213064103.QState and local governments; corporate equities; asset132.0134.5140.6137.1142.1140.4146.3144.492
93LM213064203.QState and local governments; mutual fund shares; asset63.464.567.565.868.267.470.269.393
94FL213096005.QState and local governments; other accounts receivable; asset (Integrated Macroeconomic Accounts)774.6784.9799.9802.4820.7828.1846.8852.194
95FL213070003.QState and local governments; trade receivables; asset321.7327.6333.3338.7348.8356.6365.8371.595
96FL213078005.QState and local governments; taxes receivable; asset279.6280.7282.0283.7285.3287.2289.0291.196
97FL213093003.QState and local governments; unidentified miscellaneous assets173.3176.5184.6180.0186.6184.3192.1189.597
98FL212100005.QState and local governments; total liabilities and net worth (Integrated Macroeconomic Accounts)20939.721081.321404.921480.921815.621979.922263.222532.198
99FL214190005.QState and local governments; total liabilities7828.87893.87788.27956.88141.67923.97785.07754.899
100FL213162005.QState and local governments; municipal securities; liability3281.93318.03349.03362.33389.63445.13490.43519.6100
101FL213162400.QState and local governments; short-term municipal securities; liability27.826.832.134.432.131.836.538.5101
102FL213162200.QState and local governments; long-term municipal securities; liability3254.13291.23316.83327.83357.53413.33454.03481.0102
103FL214141005.QState and local governments; short-term loans; liability135.9136.2134.6137.2137.5141.5143.0146.9103
104FL223073045.QState and local government employee defined benefit pension funds; claims of pension fund on sponsor; asset3093.63104.12950.73085.13223.42927.42722.42639.6104
105FL213170003.QState and local governments; trade payables; liability1317.51335.61353.91372.31391.11409.91429.21448.7105
106FL212090095.QState and local governments; net worth (Integrated Macroeconomic Accounts)13110.913187.413616.713524.113674.014056.014478.214777.3106