D.2 Borrowing by Sector
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Line | Series | Description | 2021 | 2022 | 2023 | 2024 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | Line |
| 1 | FA384104005.Q | Domestic nonfinancial sectors; debt securities and loans; liability | 3869.6 | 3733.4 | 3559.9 | 3486.1 | 3229.0 | 3715.9 | 2782.9 | 4257.9 | 3187.5 | 2680.5 | 2313.5 | 1 |
| 2 | FA154104005.Q | Households and nonprofit organizations; debt securities and loans; liability | 1217.3 | 1144.4 | 518.0 | 607.1 | 427.9 | 607.1 | 565.8 | 587.2 | 668.1 | 366.1 | 770.6 | 2 |
| 3 | FA153165105.Q | Households and nonprofit organizations; one-to-four-family residential mortgages; liability | 790.0 | 821.5 | 367.0 | 367.9 | 273.4 | 281.8 | 428.3 | 425.0 | 336.4 | 304.1 | 439.4 | 3 |
| 4 | FA153166000.Q | Households and nonprofit organizations; consumer credit; liability | 237.8 | 345.7 | 129.8 | 98.8 | 132.7 | 102.7 | 53.3 | 119.0 | 120.3 | 58.3 | 140.3 | 4 |
| 5 | FA144104005.Q | Nonfinancial business; debt securities and loans; liability | 904.3 | 1083.0 | 405.5 | 641.3 | 134.0 | 834.7 | 845.2 | 702.1 | 183.2 | 1111.1 | 783.4 | 5 |
| 6 | FA104104005.Q | Nonfinancial corporate business; debt securities and loans; liability | 536.2 | 543.8 | 237.6 | 446.3 | 0.0 | 679.5 | 666.4 | 503.4 | -64.0 | 915.5 | 560.5 | 6 |
| 7 | FA314104005.Q | Federal government; debt securities and loans; liability | 1683.4 | 1546.9 | 2620.4 | 2144.9 | 2705.1 | 2197.3 | 1172.7 | 2836.5 | 2373.1 | 1056.8 | 471.2 | 7 |
| 8 | FA214104005.Q | State and local governments; debt securities and loans; liability | 64.6 | -40.8 | 16.0 | 92.8 | -38.1 | 76.8 | 199.1 | 132.1 | -36.9 | 146.6 | 288.2 | 8 |
| 9 | FA794104005.Q | Domestic financial sectors; debt securities and loans; liability | 866.3 | 1600.2 | 345.6 | 575.2 | 716.8 | 376.2 | 54.5 | 1755.5 | 114.5 | 1367.0 | 1256.7 | 9 |
| 10 | FA264104005.Q | Rest of the world; debt securities and loans; liability | 633.6 | 305.9 | 193.0 | 351.5 | 286.2 | 142.6 | 696.1 | 171.9 | 395.5 | 594.3 | 690.5 | 10 |