D.2 Borrowing by Sector
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Line | Series | Description | 2021 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | Line |
| 1 | FA384104005.Q | Domestic nonfinancial sectors; debt securities and loans; liability | 3874.5 | 3744.0 | 3566.8 | 3501.2 | 3724.5 | 2796.0 | 4272.8 | 3211.4 | 2682.6 | 2432.1 | 6851.0 | 1 |
| 2 | FA154104005.Q | Households and nonprofit organizations; debt securities and loans; liability | 1219.8 | 1170.7 | 532.3 | 617.5 | 619.3 | 573.5 | 601.7 | 675.5 | 374.9 | 796.7 | 834.5 | 2 |
| 3 | FA153165105.Q | Households and nonprofit organizations; one-to-four-family residential mortgages; liability | 790.0 | 821.5 | 367.0 | 367.9 | 281.8 | 428.2 | 425.2 | 336.5 | 304.1 | 439.9 | 434.6 | 3 |
| 4 | FA153166000.Q | Households and nonprofit organizations; consumer credit; liability | 237.8 | 345.7 | 129.8 | 98.9 | 102.7 | 53.3 | 119.0 | 120.4 | 58.2 | 142.7 | 114.7 | 4 |
| 5 | FA144104005.Q | Nonfinancial business; debt securities and loans; liability | 906.1 | 1067.0 | 397.3 | 645.2 | 829.8 | 849.9 | 702.3 | 198.8 | 1104.0 | 864.5 | 859.0 | 5 |
| 6 | FA104104005.Q | Nonfinancial corporate business; debt securities and loans; liability | 537.5 | 536.1 | 232.5 | 448.6 | 677.0 | 670.5 | 499.9 | -52.9 | 910.0 | 627.6 | 629.3 | 6 |
| 7 | FA314104005.Q | Federal government; debt securities and loans; liability | 1683.4 | 1546.9 | 2620.4 | 2144.9 | 2197.3 | 1172.7 | 2836.5 | 2373.1 | 1056.8 | 471.2 | 4959.2 | 7 |
| 8 | FA214104005.Q | State and local governments; debt securities and loans; liability | 65.1 | -40.6 | 16.8 | 93.6 | 78.2 | 199.9 | 132.3 | -36.1 | 146.9 | 299.7 | 198.2 | 8 |
| 9 | FA794104005.Q | Domestic financial sectors; debt securities and loans; liability | 866.3 | 1600.2 | 345.6 | 575.7 | 376.2 | 54.5 | 1750.7 | 121.3 | 1348.2 | 1502.6 | 486.9 | 9 |
| 10 | FA264104005.Q | Rest of the world; debt securities and loans; liability | 633.6 | 306.0 | 193.0 | 351.4 | 141.9 | 696.8 | 171.8 | 395.2 | 549.6 | 512.5 | 283.7 | 10 |