Financial Accounts of the United States - Z.1
S11.2.t Nonfinancial noncorporate business 🕮 PDF
| Line | Description | Series | 2023 | 2024 | 2025 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 | 2026:Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Gross saving = consumption of fixed capital | FA116300005 | 473.7 | 495.4 | 519.0 | 507.7 | 512.9 | 523.7 | 531.7 | 537.3 | 545.1 |
| Line 2 | Gross saving less net capital transfers paid | FA116000105 | 473.7 | 504.3 | 526.7 | 538.2 | 512.9 | 523.7 | 532.0 | 636.3 | 545.1 |
| Line 3 | Gross investment | FA116000105 | 473.7 | 504.3 | 526.7 | 538.2 | 512.9 | 523.7 | 532.0 | 636.3 | 545.1 |
| Line 4 | Capital expenditures | FA115050005 | 614.5 | 628.8 | 624.2 | 653.8 | 617.1 | 610.3 | 615.6 | 625.9 | 634.8 |
| Line 5 | Fixed investment | FA115019005 | 604.7 | 620.2 | 616.0 | 618.6 | 618.3 | 613.3 | 613.7 | 627.6 | 644.0 |
| Line 6 | Change in inventories | FA115020005 | 9.8 | 8.6 | 8.2 | 35.2 | -1.2 | -3.0 | 1.9 | -1.7 | -9.2 |
| Line 7 | Net lending (+) or net borrowing (-) | FA115000005 | -140.9 | -124.4 | -97.5 | -115.5 | -104.2 | -86.6 | -83.6 | 10.4 | -89.7 |
| Line 8 | Net acquisition of financial assets | FA114090005 | 631.3 | 461.4 | 682.4 | 532.5 | 691.8 | 643.4 | 861.8 | 1168.2 | 553.4 |
| Line 9 | Checkable deposits and currency | FA113020005 | 8.1 | 27.6 | 30.3 | 23.1 | 30.6 | 28.3 | 39.1 | 53.7 | 31.1 |
| Line 10 | Time and savings deposits | FA113030003 | 25.4 | 69.4 | 109.2 | 86.5 | 110.3 | 103.2 | 136.7 | 166.3 | 95.2 |
| Line 11 | Debt securities | FA114022005 | -2.9 | 5.0 | 3.2 | -3.1 | 5.9 | 2.4 | 7.8 | 12.0 | 6.9 |
| Line 12 | Treasury securities | FA113061003 | -3.3 | 4.8 | 3.0 | -3.6 | 5.5 | 2.5 | 7.6 | 11.4 | 7.0 |
| Line 13 | Municipal securities | FA113062003 | 0.4 | 0.2 | 0.2 | 0.4 | 0.4 | -0.1 | 0.2 | 0.6 | -0.0 |
| Line 14 | Loans | FA114035005 | 5.1 | 2.8 | 4.4 | 3.5 | 4.5 | 4.2 | 5.5 | 6.7 | 3.9 |
| Line 15 | Consumer credit | FA113066003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 16 | Mortgages | FA113065005 | 5.1 | 2.8 | 4.4 | 3.5 | 4.5 | 4.2 | 5.5 | 6.7 | 3.9 |
| Line 17 | Equity investment in GSEs(1) | FA113092405 | 3.2 | 0.8 | 0.6 | -1.3 | 1.1 | 1.0 | 1.7 | -0.7 | 3.0 |
| Line 18 | Money market funds | FA113034003 | 2.5 | 6.6 | 10.4 | 8.2 | 10.5 | 9.8 | 13.0 | 15.8 | 9.0 |
| Line 19 | Trade receivables | FA113070003 | 101.3 | 60.4 | 95.0 | 75.3 | 95.9 | 89.8 | 119.0 | 144.8 | 82.8 |
| Line 20 | Miscellaneous assets | FA113090005 | 488.7 | 288.7 | 429.3 | 340.4 | 433.2 | 404.8 | 539.0 | 769.5 | 321.5 |
| Line 21 | Insurance receivables | FA113076005 | 9.7 | 19.2 | -1.4 | 3.0 | -0.4 | -0.5 | -7.6 | 0.1 | 14.8 |
| Line 22 | PPP subsidies receivable | FA113072003 | -1.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 23 | Tariff refund receivable | FA113090603 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 99.0 | -59.6 |
| Line 24 | Other | FA113093005 | 480.8 | 269.5 | 430.7 | 337.4 | 433.5 | 405.2 | 546.7 | 670.4 | 366.2 |
| Line 25 | Net increase in liabilities and equity | FA114194005 | 772.2 | 585.8 | 779.9 | 648.0 | 796.1 | 730.1 | 945.4 | 1157.8 | 643.1 |
| Line 26 | Net increase in liabilities | FA114190005 | 493.7 | 512.6 | 740.7 | 549.7 | 732.2 | 703.1 | 977.7 | 1041.0 | 639.8 |
| Line 27 | Loans | FA114135005 | 181.2 | 226.5 | 304.0 | 209.7 | 276.4 | 294.1 | 436.0 | 370.2 | 234.0 |
| Line 28 | Depository institution loans n.e.c. | FA113168005 | -10.1 | 8.8 | 33.8 | 37.6 | 57.9 | -14.3 | 53.8 | 179.2 | 47.6 |
| Line 29 | Private credit loans | FA113167205 | 15.3 | 33.6 | 41.0 | 33.0 | 41.3 | 46.8 | 43.1 | 19.8 | 19.9 |
| Line 30 | Mortgages | FA113165005 | 160.2 | 157.9 | 205.0 | 140.3 | 166.2 | 244.9 | 268.6 | 164.1 | 159.8 |
| Line 31 | Other loans and advances | FA113169005 | 15.7 | 26.2 | 24.2 | -1.2 | 11.0 | 16.7 | 70.4 | 7.0 | 6.8 |
| Line 32 | Trade payables | FA113170005 | -6.9 | 21.0 | 19.7 | 9.8 | 34.5 | 15.3 | 19.1 | 34.7 | 41.2 |
| Line 33 | Taxes payable | FA113178003 | 7.1 | 8.4 | 13.3 | 10.5 | 13.4 | 12.5 | 16.6 | 20.2 | 11.6 |
| Line 34 | Foreign direct investment: intercompany debt | FA115114305 | 0.7 | -0.4 | -0.6 | -0.6 | -0.5 | -0.9 | -0.3 | -0.1 | 0.4 |
| Line 35 | Miscellaneous liabilities | FA113193003 | 311.6 | 257.1 | 404.3 | 320.3 | 408.3 | 382.1 | 506.3 | 616.0 | 352.6 |
| Line 36 | Net equity issues | FA113181115 | 278.5 | 73.2 | 39.2 | 98.3 | 63.9 | 27.0 | -32.3 | 116.8 | 3.3 |
| Line 37 | Foreign direct investment: equity | FA115114103 | 13.5 | -1.9 | 0.1 | 0.7 | 0.2 | -0.5 | -0.1 | 0.8 | -0.1 |
| Line 38 | Proprietors' net investment | FA112090205 | 264.9 | 75.0 | 39.2 | 97.6 | 63.7 | 27.5 | -32.2 | 115.9 | 3.4 |
Note:
- Equity in the Farm Credit System.
Last Update: September 11, 2026