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

Billions of dollars
LineSeriesDescription2023
Q4
2024
Q1
2024
Q2
2024
Q3
2024
Q4
2025
Q1
2025
Q2
2025
Q3
Line
1FA216902505.QState and local governments; gross value added (Integrated Macroeconomic Accounts)2186.92226.32257.32283.82312.92339.22364.22387.31
2FA216300001.QState and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis)399.5403.7407.8413.0417.3422.4427.9434.82
3FA216902605.QState and local governments; net value added (Integrated Macroeconomic Accounts)1787.31822.61849.51870.91895.61916.81936.31952.53
4FA216025001.QState and local governments; compensation of employees paid (Integrated Macroeconomic Accounts)1833.51867.91894.61916.31942.31964.11987.02004.84
5FA216402101.QState and local governments; operating surplus, net-46.1-45.3-45.1-45.4-46.7-47.3-50.8-52.25
6FA216140005.QState and local governments; net national income/balance of primary incomes, net (Integrated Macroeconomic Accounts)1505.01534.81560.91577.11600.41620.81637.11664.16
7FA216402101.QState and local governments; operating surplus, net-46.1-45.3-45.1-45.4-46.7-47.3-50.8-52.27
8FA216240001.QState and local governments; taxes on production and imports, receivable (Integrated Macroeconomic Accounts)1715.01740.21763.21776.81798.11815.81832.51855.48
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)-163.1-159.4-156.5-153.5-150.2-146.9-143.9-138.410
11FA216140005.QState and local governments; net national income/balance of primary incomes, net (Integrated Macroeconomic Accounts)1505.01534.81560.91577.11600.41620.81637.11664.111
12FA216220005.QState and local governments; current taxes on income, wealth, etc. received (Integrated Macroeconomic Accounts)735.6733.5744.4765.8784.4800.1812.0805.412
13FA216601001.QState and local governments; contributions for government social insurance received23.225.026.627.628.328.629.029.513
14FA216404001.QState and local governments; social contributions paid1047.21104.21133.91156.91165.01158.51195.01248.814
15FA216403105.QState and local governments; other current transfer received1117.01165.51131.01170.91170.41147.51172.71200.115
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)2333.52354.52329.02384.62418.52438.42455.82450.317
18FA216901001.QState and local governments; consumption expenditures2470.72513.72537.12565.02585.62623.02644.32691.418
19FA216006095.QState and local governments; net saving including net capital transfers paid-137.2-159.2-208.1-180.4-167.2-184.6-188.6-241.119
20FA216006395.QState and local governments; net saving less net capital transfers paid-39.1-58.2-102.4-71.427.0-63.2-75.2-125.420
21FA216006095.QState and local governments; net saving including net capital transfers paid-137.2-159.2-208.1-180.4-167.2-184.6-188.6-241.121
22FA215440005.QState and local governments; net capital transfers paid-98.1-100.9-105.7-109.0-194.1-121.3-113.4-115.722
23FA215050905.QState and local governments; capital formation, net (Integrated Macroeconomic Accounts)198.9200.6203.5212.2219.3222.2230.6231.023
24FA215019001.QState and local governments; gross fixed investment (NIPA basis)578.4583.8590.5604.0615.1622.8636.2643.024
25FA216300001.QState and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis)399.5403.7407.8413.0417.3422.4427.9434.825
26FA215420003.QState and local governments; acquisition of nonproduced nonfinancial assets (net)20.120.420.721.121.521.922.322.726
27FA215000995.QState and local governments; net lending (+) or borrowing (-) (capital account)-238.0-258.8-305.9-283.6-192.3-285.4-305.8-356.327
28FA215000995.QState and local governments; net lending (+) or borrowing (-) (capital account)-238.0-258.8-305.9-283.6-192.3-285.4-305.8-356.328
29FA214090005.QState and local governments; total financial assets-10.9135.7268.8206.012.4155.0357.1146.129
30FA214000005.QState and local governments; total currency and deposits; asset57.455.8-24.1-11.939.340.9-9.0-38.530
31FA213020005.QState and local governments; checkable deposits and currency; asset63.418.6-28.610.859.130.2-4.08.931
32FA213030000.QState and local governments; total time and savings deposits; asset-6.037.24.5-22.7-19.910.7-5.0-47.432
33FA214022005.QState and local governments; debt securities; asset-44.2137.8168.252.866.038.6292.8118.533
34FA213069103.QState and local governments; commercial paper; asset11.212.2-14.021.4-20.392.956.4-44.734
35FA213061103.QState and local governments; Treasury securities, excluding SLGS; asset-40.5135.5119.64.781.1-61.1161.2109.635
36FA213061703.QState and local governments; agency- and GSE-backed securities; asset20.05.526.725.4-10.71.643.338.736
37FA213062003.QState and local governments; municipal securities; asset-2.62.83.94.4-1.44.97.00.937
38FA213063003.QState and local governments; corporate and foreign bonds; asset-32.3-18.331.9-3.017.30.224.814.138
39FA214035005.QState and local governments; total loans including security repurchase agreements; asset-42.613.984.389.6-102.5-29.874.813.439
40FA212051003.QState and local governments; security repurchase agreements; asset32.03.515.639.2-22.712.626.025.140
41FA214023005.QState and local governments; loans; asset-74.710.468.750.4-79.7-42.448.8-11.741
42FA213081005.QState and local governments; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)-38.0-60.00.35.5-11.250.3-53.9-21.842
43FA213034003.QState and local governments; money market fund shares; asset2.22.14.114.219.26.02.314.243
44FA213064103.QState and local governments; corporate equities; asset-31.6-47.8-5.5-6.9-27.336.0-43.2-29.444
45FA213064203.QState and local governments; mutual fund shares; asset-8.5-14.21.7-1.9-3.08.3-13.0-6.645
46FA213096005.QState and local governments; other accounts receivable; asset (Integrated Macroeconomic Accounts)56.5-11.940.270.120.754.952.474.546
47FA213070003.QState and local governments; trade receivables; asset4.1-31.623.723.021.540.129.636.847
48FA213078005.QState and local governments; taxes receivable; asset12.23.43.915.317.64.61.717.448
49FA213093003.QState and local governments; unidentified miscellaneous assets40.216.312.731.8-18.410.221.120.349
50FA214190005.QState and local governments; total liabilities292.3409.3531.3464.5309.7502.8634.1534.150
51FA213162005.QState and local governments; municipal securities; liability-36.0101.9198.8138.4-46.3145.5284.0191.451
52FA213162400.QState and local governments; short-term municipal securities; liability-10.35.74.724.2-4.4-7.15.724.852
53FA213162200.QState and local governments; long-term municipal securities; liability-25.796.2194.1114.3-41.9152.6278.3166.653
54FA214141005.QState and local governments; short-term loans; liability-1.5-23.71.1-6.110.21.415.76.854
55FA223073045.QState and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset258.8259.0259.0259.0272.0281.0258.9258.955
56FA213170003.QState and local governments; trade payables; liability70.972.072.473.373.875.075.577.156
57FA215000005.QState and local governments; net lending (+) or borrowing (-) (financial account)-303.1-273.6-262.5-258.5-297.3-347.9-277.0-388.057
58FV218090185.QState and local governments; total other volume changes (Integrated Macroeconomic Accounts)-32.5-54.4-12.1-12.6-51.9-67.48.2-19.958
59FV212010095.QState and local governments; nonfinancial assets (does not include land)0.00.00.0-2.0-3.0-11.00.00.059
60FV218090085.QState and local governments; other volume changes (Integrated Macroeconomic Accounts)-24.9-23.0-33.2-28.3-28.7-6.3-6.7-16.360
61FU217005045.QState and local governments; statistical discrepancy (Integrated Macroeconomic Accounts)7.631.4-21.1-17.720.250.1-15.03.761
62FR212010095.QState and local governments; nonfinancial assets (does not include land)57.6137.642.4105.585.2195.5127.898.262
63FR215015605.QState and local governments; total residential and nonresidential structures54.7134.538.1100.980.2197.3124.591.763
64FR215013265.QState and local governments; nonresidential equipment, current cost basis2.32.52.42.23.2-0.13.23.964
65FR215013765.QState and local governments; nonresidential intellectual property products, current cost basis0.60.71.92.41.7-1.70.22.565
66FR214090005.QState and local governments; total financial assets126.2-7.9-1.4102.6-76.837.326.837.466
67FR214022005.QState and local governments; debt securities; asset106.4-24.4-6.091.4-79.245.56.822.767
68FR213081005.QState and local governments; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)19.816.54.511.12.4-8.220.014.768
69FR223073045.QState and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset-323.9-230.2-78.9-238.646.976.2-355.5-252.069
70FR212090095.QState and local governments; net worth (Integrated Macroeconomic Accounts)507.7359.9119.9446.7-38.5156.6510.1387.670
71FC212090095.QState and local governments; net worth (Integrated Macroeconomic Accounts)457.0291.876.6429.5-92.377.9495.2353.771
72FL212000095.QState and local governments; total assets (does not include land)20772.620943.821085.321408.421485.321753.622033.922273.872
73LM212010095.QState and local governments; nonfinancial assets (does not include land)16021.316178.116268.616438.316561.916766.916946.517112.073
74LM215015605.QState and local governments; total residential and nonresidential structures15495.015648.115734.315899.616019.816227.416403.416561.474
75LM215013265.QState and local governments; nonresidential equipment, current cost basis324.1325.1325.3324.7324.0320.3320.8322.875
76LM215013765.QState and local governments; nonresidential intellectual property products, current cost basis202.2204.9209.1214.0218.2219.2222.3227.976
77FL214090005.QState and local governments; total financial assets4751.34765.64816.64970.24923.44986.65087.45161.877
78FL214000005.QState and local governments; total currency and deposits; asset750.0752.3739.4735.6764.7762.3753.5743.478
79FL213020005.QState and local governments; checkable deposits and currency; asset375.7379.3368.3367.2390.7397.0392.1390.379
80FL213030000.QState and local governments; total time and savings deposits; asset374.3373.1371.1368.5374.1365.2361.4353.080
81FL214022005.QState and local governments; debt securities; asset2411.72421.82457.92562.52499.82555.02634.92687.381
82FL213069103.QState and local governments; commercial paper; asset264.6267.6264.1269.5264.4287.6301.7290.582
83FL213061103.QState and local governments; Treasury securities, excluding SLGS; asset1398.41413.21439.21504.31466.51487.51530.71572.383
84FL213061703.QState and local governments; agency- and GSE-backed securities; asset410.3409.4416.9435.8424.8430.9443.4455.584
85FL213062003.QState and local governments; municipal securities; asset43.944.144.947.045.846.447.849.185
86FL213063003.QState and local governments; corporate and foreign bonds; asset294.6287.5292.7306.0298.3302.6311.3319.886
87FL214035005.QState and local governments; total loans including security repurchase agreements; asset531.6533.7545.7569.5552.8543.8552.6558.187
88FL212051003.QState and local governments; security repurchase agreements; asset211.7212.5216.4226.2220.5223.7230.2236.588
89FL214023005.QState and local governments; loans; asset319.9321.1329.3343.3332.3320.1322.4321.689
90FL213081005.QState and local governments; equity and investment fund shares; asset (Integrated Macroeconomic Accounts)265.5267.0271.6284.1283.7288.1294.6303.990
91FL213034003.QState and local governments; money market fund shares; asset72.072.573.677.181.983.484.087.691
92LM213064103.QState and local governments; corporate equities; asset130.7131.4133.8139.8136.3138.3142.3146.292
93LM213064203.QState and local governments; mutual fund shares; asset62.763.164.267.165.466.468.370.293
94FL213096005.QState and local governments; other accounts receivable; asset (Integrated Macroeconomic Accounts)792.6790.9802.0818.4822.3837.5851.8869.294
95FL213070003.QState and local governments; trade receivables; asset329.5321.6327.5333.2338.6348.7356.1365.395
96FL213078005.QState and local governments; taxes receivable; asset294.7296.8298.9301.6304.8307.3309.0312.196
97FL213093003.QState and local governments; unidentified miscellaneous assets168.4172.4175.6183.6178.9181.5186.8191.997
98FL212100005.QState and local governments; total liabilities and net worth (Integrated Macroeconomic Accounts)20772.620943.821085.321408.421485.321753.622033.922273.898
99FL214190005.QState and local governments; total liabilities7948.37827.67892.57786.27955.48145.77930.87817.099
100FL213162005.QState and local governments; municipal securities; liability3262.63280.73316.73347.63360.83388.03443.43488.7100
101FL213162400.QState and local governments; short-term municipal securities; liability26.927.826.832.134.432.131.836.5101
102FL213162200.QState and local governments; long-term municipal securities; liability3235.83252.93289.83315.53326.43356.03411.63452.2102
103FL214141005.QState and local governments; short-term loans; liability141.8135.9136.2134.6137.2137.5141.5143.2103
104FL223073045.QState and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset3244.43093.63104.12950.13085.13229.02936.02755.9104
105FL213170003.QState and local governments; trade payables; liability1299.41317.51335.61353.91372.31391.11409.91429.2105
106FL212090095.QState and local governments; net worth (Integrated Macroeconomic Accounts)12824.413116.213192.813622.213530.013607.914103.114456.8106