Federal Reserve Statistical Release, Z.1,
 Flow of Funds Accounts of the United States; title with eagle logo links to Statistical Release home page

Release Date: September 18, 2015
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S.3.a Households and Nonprofit Institutions Serving Households

Billions of dollars

Description 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Line
Households and nonprofit organizations; gross value added (IMA) 1599.5 1689.4 1749.6 1855.3 1913.6 1928.8 1974.4 2029.4 2086.4 2172.3 1
Households and nonprofit organizations; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) 362.1 396.2 413.7 414.6 403.3 400.5 398.2 404.6 427.2 454.8 2
Households and nonprofit organizations; net value added (IMA) 1237.5 1293.2 1335.9 1440.7 1510.3 1528.3 1576.1 1624.8 1659.2 1717.6 3
Households and nonprofit organizations; compensation of employees paid (IMA) 563.4 590.9 616.8 658.2 686.6 696.4 723.9 759.2 780.3 810.0 4
Households and nonprofit organizations; wages and salaries paid (IMA) 466.2 490.9 516.0 549.9 566.1 577.3 597.0 624.7 642.0 667.7 5
Households and nonprofit organizations; employers' social contributions paid (IMA) 97.1 100.0 100.8 108.3 120.5 119.1 126.9 134.4 138.3 142.2 6
Households and nonprofit organizations; taxes on production and imports less subsidies, payable (IMA) 120.7 130.8 135.1 143.2 152.4 152.8 154.9 156.0 158.0 160.2 7
Households and nonprofit organizations; operating surplus, net (IMA) 553.4 571.5 584.0 639.3 671.3 679.1 697.2 709.6 720.9 747.4 8
Households and nonprofit organizations; net national income/balance of primary incomes, net (IMA) 9733.1 10437.5 10936.7 11247.7 10643.4 10889.5 11566.0 12269.0 12517.3 13076.8 9
Households and nonprofit organizations; operating surplus, net (IMA) 553.4 571.5 584.0 639.3 671.3 679.1 697.2 709.6 720.9 747.4 10
Households and nonprofit organizations; compensation of employees received 7086.8 7502.3 7898.3 8078.3 7787.0 7961.4 8269.0 8609.9 8839.7 9248.9 11
Households and nonprofit organizations; wages and salaries received (IMA) 5692.0 6057.4 6395.2 6531.9 6251.4 6377.5 6633.2 6930.3 7114.4 7477.8 12
Households and nonprofit organizations; supplements to wages and salaries 1394.8 1444.9 1503.1 1546.4 1535.6 1583.9 1635.9 1679.6 1725.3 1771.2 13
Households and nonprofit organizations; property income (received) (IMA) 2722.2 3071.6 3234.6 3303.6 2901.9 2900.2 3207.9 3526.7 3506.8 3633.2 14
Households and nonprofit organizations; interest received (IMA) 1089.4 1216.1 1351.5 1363.0 1265.5 1196.2 1232.9 1290.1 1272.7 1303.4 15
Households and nonprofit organizations; distributed income of corporations, received (IMA) 1632.8 1855.5 1883.1 1940.6 1636.4 1704.0 1975.0 2236.6 2234.1 2329.8 16
Households and nonprofit organizations; dividends received (IMA) 578.3 723.7 816.5 805.4 553.7 544.6 682.2 834.9 789.0 815.5 17
Households and nonprofit organizations; withdrawals from income of quasi-corporations, received (IMA) 1054.5 1131.8 1066.6 1135.2 1082.6 1159.4 1292.8 1401.7 1445.0 1514.3 18
Households and nonprofit organizations; interest paid (IMA) 629.3 707.9 780.2 773.5 716.8 651.2 608.2 577.3 550.1 552.6 19
Households and nonprofit organizations; net national income/balance of primary incomes, net (IMA) 9733.1 10437.5 10936.7 11247.7 10643.4 10889.5 11566.0 12269.0 12517.3 13076.8 20
Households and nonprofit organizations; current taxes on income, wealth, etc. paid (IMA) 1213.2 1357.1 1493.2 1507.8 1152.3 1239.3 1453.2 1511.4 1672.8 1780.2 21
Households and nonprofit organizations; social benefits received 1491.0 1593.1 1697.5 1920.0 2108.8 2281.7 2310.2 2323.6 2385.5 2487.2 22
Households and nonprofit organizations; contributions for government social insurance paid excluding U.S. affiliated areas 873.3 922.6 961.4 988.2 964.4 984.1 917.8 951.6 1106.8 1159.0 23
Households and nonprofit organizations; other current transfers received (IMA) 25.7 21.5 30.6 36.6 38.7 43.0 50.2 42.7 41.2 42.0 24
Households and nonprofit organizations; other current transfers paid (IMA) 126.1 137.0 149.8 157.8 159.8 158.7 156.1 175.0 182.1 180.7 25
Households and nonprofit organizations; disposable income, net (IMA) 9037.2 9635.4 10060.3 10550.4 10514.4 10832.2 11399.4 11997.3 11982.2 12486.1 26
Households and nonprofit organizations; personal consumption expenditures 8794.1 9304.0 9750.5 10013.6 9847.0 10202.2 10689.3 11050.6 11392.3 11865.9 27
Households and nonprofit organizations; net saving including net capital transfers paid excluding consumer durables and government insurance and pension fund reserves 243.1 331.4 309.8 536.7 667.4 630.0 710.1 946.7 589.9 620.2 28
Households and nonprofit organizations; net saving less net capital transfers paid excluding consumer durables and government insurance and pension fund reserves 265.0 314.8 303.0 529.0 695.8 650.6 708.1 951.8 570.1 610.9 29
Households and nonprofit organizations; net saving including net capital transfers paid excluding consumer durables and government insurance and pension fund reserves 243.1 331.4 309.8 536.7 667.4 630.0 710.1 946.7 589.9 620.2 30
Households and nonprofit organizations; net capital transfers paid -21.9 16.6 6.8 7.7 -28.4 -20.6 2.0 -5.1 19.8 9.3 31
Households and nonprofit organizations; capital formation, net (IMA) 493.8 453.8 311.2 154.9 55.2 43.4 45.8 92.9 123.0 133.1 32
Households and nonprofit organizations; gross fixed investment excluding consumer durables 865.0 860.1 736.1 580.4 468.1 452.4 451.9 505.3 558.4 596.2 33
Households and nonprofit organizations; gross fixed investment, residential equipment and structures (includes farm houses) 738.9 722.7 582.3 425.3 321.1 318.3 321.1 367.9 424.6 456.6 34
Nonprofit organizations; gross fixed investment, nonresidential structures, equipment, and intellectual property products 126.1 137.4 153.9 155.1 147.1 134.1 130.8 137.4 133.7 139.7 35
Households and nonprofit organizations; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) 362.1 396.2 413.7 414.6 403.3 400.5 398.2 404.6 427.2 454.8 36
Households and nonprofit organizations; acquisition of nonproduced nonfinancial assets (net) -9.1 -10.1 -11.2 -11.0 -9.7 -8.5 -7.8 -7.9 -8.2 -8.4 37
Households and nonprofit organizations; net lending (+) or borrowing (-) (capital account) -228.8 -139.0 -8.2 374.2 640.6 607.2 662.3 858.9 447.1 477.8 38
Households and nonprofit organizations; net lending (+) or borrowing (-) (capital account) -228.8 -139.0 -8.2 374.2 640.6 607.2 662.3 858.9 447.1 477.8 39
Households and nonprofit organizations; total financial assets 878.3 933.3 1222.4 1140.8 658.0 756.5 1255.4 1333.6 1140.2 1149.8 40
Households and nonprofit organizations; total currency and deposits; asset 369.7 452.7 426.1 420.0 199.7 206.3 659.8 581.0 328.5 509.2 41
Households and nonprofit organizations; checkable deposits and currency; asset -113.9 -40.0 -75.3 176.8 101.0 38.9 300.3 177.0 120.7 107.6 42
Households and nonprofit organizations; total time and savings deposits; asset 481.5 486.5 483.6 261.0 105.9 162.8 369.3 411.9 205.5 408.0 43
Households and nonprofit organizations; private foreign deposits; asset 2.1 6.1 17.8 -17.8 -7.2 4.5 -9.9 -7.9 2.3 -6.4 44
Federal government; postal savings system deposits; liability 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 45
Households and nonprofit organizations; debt securities; asset 56.6 -88.3 485.7 576.8 83.0 -75.4 -202.1 -218.3 -614.5 -464.4 46
Nonprofit organizations; commercial paper; asset 14.7 19.0 -10.2 -101.3 16.7 -1.5 -1.8 -0.6 -3.8 -0.1 47
Households and nonprofit organizations; Treasury securities; asset -119.9 -101.9 -36.9 144.4 534.9 316.3 -229.7 190.9 -151.1 -19.8 48
Households and nonprofit organizations; agency- and GSE-backed securities; asset 151.3 -21.9 341.3 240.3 -672.5 -10.0 40.4 -57.8 -53.7 -200.1 49
Households and nonprofit organizations; municipal securities; asset 77.8 34.7 38.0 47.3 107.0 43.6 -65.8 -144.7 -55.8 -67.2 50
Households and nonprofit organizations; corporate and foreign bonds; asset -67.3 -18.2 153.5 246.1 97.0 -423.8 54.7 -206.0 -350.1 -177.2 51
Households and nonprofit organizations; loans; asset -0.9 70.8 220.4 -159.2 -47.6 1.6 -5.0 12.8 51.2 54.1 52
Households and nonprofit organizations; short-term loans; asset -9.0 87.9 233.3 -160.4 -46.8 12.5 -5.9 30.7 57.1 46.1 53
Households and nonprofit organizations; total mortgages; asset 8.1 -17.1 -12.9 1.1 -0.9 -10.9 0.9 -17.9 -6.0 8.0 54
Households and nonprofit organizations; equity and investment fund shares; asset (IMA) -218.8 -199.0 -571.0 -277.1 -128.2 -37.6 128.9 409.4 776.7 464.7 55
Households and nonprofit organizations; corporate equities; asset -408.1 -594.5 -1045.7 -305.6 -18.6 -190.3 -279.5 -202.7 160.8 54.4 56
Households and nonprofit organizations; mutual fund shares; asset 197.3 182.4 281.7 100.2 264.5 164.7 257.3 471.3 513.8 404.8 57
Households and nonprofit organizations; money market mutual fund shares; asset 44.9 218.6 239.7 234.3 -267.7 -183.2 -21.1 0.3 25.5 -33.6 58
Households and nonprofit organizations; proprietors' equity in noncorporate business -52.8 -5.5 -46.7 -306.1 -107.6 167.2 171.5 140.5 76.5 39.1 59
Households and nonprofit organizations; equity investment in funding corporations under PPIP; asset 0.0 0.0 0.0 0.0 1.2 4.0 0.7 0.0 0.0 0.0 60
Households and nonprofit organizations; insurance, pension and standardized guarantee schemes; asset (IMA) 671.7 697.1 661.2 580.3 551.1 661.6 673.8 548.6 598.4 586.1 61
Households and nonprofit organizations; insurance receivables due from property-casualty insurance companies; asset 25.6 4.6 6.7 11.0 8.7 -35.2 27.6 -17.7 36.8 -7.7 62
Households and nonprofit organizations; life insurance reserves; asset 15.1 57.8 18.6 59.9 24.6 6.2 73.5 -26.6 19.2 45.3 63
Households and nonprofit organizations; pension entitlements; asset 598.6 601.9 596.6 465.4 492.8 651.1 539.5 581.3 529.9 532.3 64
Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability 9.5 14.8 15.5 17.6 8.4 17.1 14.8 -1.8 0.4 5.8 65
Federal government; retiree health care funds; liability 23.0 18.1 23.8 26.5 16.6 22.5 18.5 13.3 12.2 10.4 66
Households and nonprofit organizations; total liabilities 1159.2 1275.1 962.3 10.0 76.5 -105.7 -70.1 265.5 244.0 417.8 67
Nonprofit organizations; municipal securities; liability 15.1 16.4 21.1 9.3 5.9 -2.2 -7.8 -14.5 -13.1 -4.8 68
Households and nonprofit organizations; loans; liability 1130.0 1244.6 925.5 -24.7 34.0 -76.7 -63.2 275.4 253.2 418.2 69
Households and nonprofit organizations; short-term loans; liability 69.2 229.1 178.8 -114.9 -36.6 102.4 16.3 346.4 243.4 366.5 70
Households and nonprofit organizations; consumer credit; liability 100.4 120.4 151.3 34.9 -103.6 -25.3 108.6 169.4 175.9 213.1 71
Households and nonprofit organizations; depository institution loans n.e.c.; liability 0.3 44.2 -9.1 4.6 28.3 50.1 -54.9 110.8 30.0 120.2 72
Households and nonprofit organizations; other loans and advances; liability -31.5 64.4 36.6 -154.5 38.7 77.6 -37.4 66.1 37.4 33.2 73
Households and nonprofit organizations; total mortgages; liability 1060.8 1015.5 746.7 90.3 70.6 -179.1 -79.5 -71.0 9.7 51.7 74
Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset 1.0 0.5 1.0 3.2 -4.9 2.7 -0.4 0.6 3.0 1.2 75
Nonprofit organizations; trade payables; liability 13.0 13.6 14.6 22.2 41.4 -29.4 1.2 4.0 1.0 3.1 76
Households and nonprofit organizations; net lending (+) or borrowing (-) (financial account) -280.8 -341.8 260.2 1130.8 581.6 862.1 1325.5 1068.0 896.2 731.9 77
Households and nonprofit organizations; total other volume changes (IMA) 280.4 517.7 638.3 870.8 568.7 1158.6 655.1 667.6 944.4 579.8 78
Households and nonprofit organizations; consumer durable goods, current cost basis 252.4 239.6 231.1 134.6 50.3 86.9 119.0 167.1 181.5 202.2 79
Households and nonprofit organizations; nonfinancial assets -50.4 0.0 0.0 -8.3 0.0 0.0 0.0 -20.9 0.0 0.0 80
Households and nonprofit organizations; other volume changes (IMA) 130.5 480.9 138.8 -12.1 577.5 816.8 -127.1 312.3 313.8 123.5 81
Households and nonprofit organizations; statistical discrepancy (IMA) 52.0 202.8 -268.4 -756.6 59.1 -255.0 -663.2 -209.2 -449.1 -254.2 82
Households and nonprofit organizations; nonfinancial assets, revaluation (IMA) 2830.4 226.0 -1845.5 -3644.0 -1175.1 -490.1 -132.8 1475.5 2278.1 1097.0 83
Households and nonprofit organizations; real estate at market value 2877.2 274.3 -1786.4 -3609.5 -1127.7 -398.9 -155.1 1516.4 2368.4 1197.6 84
Households and nonprofit organizations; consumer durable goods, current cost basis -44.1 -46.9 -55.6 -32.0 -40.8 -88.3 17.7 -41.5 -92.6 -102.1 85
Nonprofit organizations; equipment, current cost basis -2.6 -0.6 -3.1 -1.3 -4.7 -2.4 2.5 -0.7 -0.1 1.0 86
Nonprofit organizations; nonresidential intellectual property products, current cost basis -0.1 -0.8 -0.3 -1.2 -2.0 -0.4 2.2 1.2 2.4 0.6 87
Households and nonprofit organizations; total financial assets revaluation account (IMA) 2547.6 3434.4 1359.3 -8003.4 1711.2 2864.9 34.6 2987.4 5656.3 1767.0 88
Households and nonprofit organizations; corporate equities; asset 1045.0 2222.8 846.4 -3862.4 1526.7 1633.0 35.5 1399.8 2720.9 626.3 89
Households and nonprofit organizations; mutual fund shares; asset 38.7 344.5 230.9 -1451.2 612.4 338.4 -214.1 423.5 963.8 285.1 90
Households and nonprofit organizations; proprietors' equity in noncorporate business 1192.2 426.9 134.3 -1139.9 -1134.4 453.4 382.6 706.4 1021.6 593.5 91
Households and nonprofit organizations; equity investment in funding corporations under PPIP; asset 0.0 0.0 0.0 0.0 -0.3 -1.0 -0.2 -0.1 0.0 0.0 92
Households and nonprofit organizations; net equity in life insurance and pension funds; asset (IMA) 271.7 440.2 147.7 -1549.8 706.8 441.1 -169.4 457.8 950.1 262.1 93
Households and nonprofit organizations; changes in net worth due to nominal holding gains/losses excluding disaster-related losses on residential structures (IMA) 5378.0 3660.4 -486.1 -11647.4 536.1 2374.9 -98.2 4462.9 7934.4 2864.0 94
Households and nonprofit organizations; net worth 5923.5 4492.9 455.1 -10247.5 1800.6 4184.1 1265.0 6082.3 9448.9 4054.7 95
Households and nonprofit organizations; total assets 74051.9 79843.3 81232.7 70868.9 72453.5 76356.9 77410.7 83556.3 93161.4 97589.0 96
Households and nonprofit organizations; nonfinancial assets 28540.1 29460.8 28158.3 24796.1 23727.4 23365.5 23395.2 25107.6 27688.0 29118.3 97
Households and nonprofit organizations; real estate at market value 24146.7 24851.4 23348.9 19861.9 18771.0 18397.0 18269.6 19841.0 22319.6 23634.6 98
Households and nonprofit organizations; consumer durable goods, current cost basis 4107.8 4300.5 4476.0 4578.6 4588.1 4586.7 4723.3 4848.9 4937.8 5037.8 99
Nonprofit organizations; equipment, current cost basis 206.1 226.0 245.8 264.0 271.9 280.1 293.0 301.8 309.1 320.0 100
Nonprofit organizations; nonresidential intellectual property products, current cost basis 79.5 82.8 87.6 91.6 96.4 101.8 109.4 115.9 121.5 125.9 101
Households and nonprofit organizations; total financial assets 45511.8 50382.6 53074.3 46072.8 48726.1 52991.4 54015.5 58448.7 65473.4 68470.7 102
Households and nonprofit organizations; total currency and deposits; asset 5314.8 5793.7 6214.7 6599.7 6784.9 6941.8 7601.5 8124.0 8453.1 9025.3 103
Households and nonprofit organizations; checkable deposits and currency; asset 285.9 239.7 153.3 295.2 396.1 423.7 724.1 887.4 1008.1 1115.7 104
Households and nonprofit organizations; private foreign deposits; asset 63.8 69.9 87.7 69.9 62.7 67.3 57.4 49.5 51.7 45.3 105
Households and nonprofit organizations; total time and savings deposits; asset 4965.0 5484.1 5973.6 6234.6 6326.0 6450.8 6820.1 7187.1 7393.2 7864.2 106
Federal government; postal savings system deposits; liability 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 107
Households and nonprofit organizations; debt securities; asset 3321.6 3275.5 3808.1 4255.6 4635.2 4734.7 4220.8 4060.9 3671.6 3181.5 108
Nonprofit organizations; commercial paper; asset 98.4 117.5 107.3 6.0 22.7 21.1 19.4 18.8 15.0 14.9 109
Households and nonprofit organizations; Treasury securities; asset 427.6 329.6 207.7 187.1 858.8 1127.3 707.3 908.7 960.3 895.5 110
Households and nonprofit organizations; agency- and GSE-backed securities; asset 590.5 617.9 880.1 1063.1 362.3 340.3 356.7 288.2 276.7 52.6 111
Households and nonprofit organizations; municipal securities; asset 1600.6 1635.6 1673.6 1720.9 1827.9 1871.5 1805.8 1661.0 1605.2 1538.0 112
Households and nonprofit organizations; corporate and foreign bonds; asset 604.5 575.0 939.5 1278.5 1563.5 1374.5 1331.7 1184.2 814.4 680.4 113
Households and nonprofit organizations; loans; asset 772.9 912.5 1132.9 973.6 928.3 929.9 924.9 926.6 977.7 1031.8 114
Households and nonprofit organizations; short-term loans; asset 632.1 788.9 1022.1 861.8 817.4 829.8 824.0 843.6 900.7 946.8 115
Households and nonprofit organizations; total mortgages; asset 140.8 123.6 110.7 111.8 110.9 100.1 100.9 83.0 77.0 85.0 116
Households and nonprofit organizations; equity and investment fund shares; asset (IMA) 20939.9 24215.9 24858.0 18129.6 19017.4 21418.7 21762.6 24810.0 30297.4 32269.6 117
Households and nonprofit organizations; corporate equities; asset 8049.5 10177.3 9978.0 5810.0 7318.1 8760.8 8564.4 9761.6 12643.3 13323.9 118
Households and nonprofit organizations; mutual fund shares; asset 3524.8 4087.0 4599.7 3248.7 4125.6 4628.8 4628.1 5632.9 7110.5 7800.4 119
Households and nonprofit organizations; money market mutual fund shares; asset 943.4 1107.9 1347.6 1581.9 1314.2 1131.0 1109.9 1110.2 1135.7 1102.1 120
Households and nonprofit organizations; proprietors' equity in noncorporate business 8422.2 8843.6 8932.7 7489.0 6258.5 6894.3 7455.9 8301.0 9403.6 10038.8 121
Households and nonprofit organizations; equity investment in funding corporations under PPIP; asset 0.0 0.0 0.0 0.0 0.9 3.8 4.4 4.4 4.4 4.4 122
Households and nonprofit organizations; insurance, pension and standardized guarantee schemes; asset (IMA) 15162.6 16185.0 17060.6 16114.2 17360.4 18966.4 19505.7 20527.2 22073.6 22962.5 123
Households and nonprofit organizations; insurance receivables due from property-casualty insurance companies; asset 316.0 320.5 327.3 337.3 346.0 310.8 338.4 320.7 357.4 349.8 124
Households and nonprofit organizations; life insurance reserves; asset 1082.6 1055.2 1077.2 1050.2 1109.5 1137.5 1199.3 1186.4 1233.0 1282.8 125
Households and nonprofit organizations; pension entitlements; asset 13471.4 14483.8 15271.2 14297.8 15450.8 17024.5 17441.1 18481.7 19932.0 20762.7 126
Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability 217.3 232.1 247.6 265.2 273.6 290.7 305.5 303.7 304.2 310.0 127
Federal government; retiree health care funds; liability 75.4 93.5 137.3 163.8 180.4 202.9 221.4 234.8 246.9 257.3 128
Households and nonprofit organizations; total liabilities and net worth (IMA) 74051.9 79843.3 81232.7 70868.9 72453.5 76356.9 77410.7 83556.3 93161.4 97589.0 129
Households and nonprofit organizations; total liabilities 12162.2 13460.8 14395.0 14278.7 14062.8 13782.1 13570.9 13634.2 13790.5 14163.3 130
Nonprofit organizations; municipal securities; liability 212.7 229.1 250.2 259.5 265.4 263.2 255.5 241.0 227.8 223.1 131
Households and nonprofit organizations; loans; liability 11740.9 13009.0 13906.4 13755.5 13497.1 13245.4 13041.1 13114.4 13279.7 13653.0 132
Households and nonprofit organizations; short-term loans; liability 2655.5 2908.1 3089.4 2974.5 2873.1 3122.2 3143.9 3428.6 3672.0 4038.5 133
Households and nonprofit organizations; consumer credit; liability 2320.6 2461.3 2615.1 2650.0 2552.3 2646.9 2755.4 2922.9 3098.8 3311.9 134
Households and nonprofit organizations; depository institution loans n.e.c.; liability -16.5 30.9 21.8 26.4 -15.9 61.0 11.5 62.6 92.7 212.9 135
Households and nonprofit organizations; other loans and advances; liability 351.5 415.9 452.5 298.0 336.7 414.3 376.9 443.1 480.5 513.7 136
Households and nonprofit organizations; total mortgages; liability 9085.4 10100.9 10817.0 10781.0 10624.0 10123.1 9897.2 9685.8 9607.7 9614.5 137
Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset 22.4 22.8 23.9 27.0 22.1 24.7 24.3 24.9 27.9 29.1 138
Nonprofit organizations; trade payables; liability 186.3 199.9 214.5 236.7 278.2 248.8 250.0 254.0 255.0 258.1 139
Households and nonprofit organizations; net worth 61889.6 66382.5 66837.6 56590.1 58390.8 62574.8 63839.8 69922.1 79371.0 83425.7 140

NOTES

  1. Consists of rental income of tenant-occupied housing and proprietors' income. Quasi-corporations are unincorporated enterprises that function as if they were corporations; they primarily cover their operating costs through sales, and they keep a complete set of financial records.
  2. Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.
  3. Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
  4. Includes variable annuities, including those in IRAs, at life insurance companies.
  5. The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.
  6. NPISHs Nonprofit institutions serving households
  7. n.e.c. Not elsewhere classified
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