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: December 10, 2015
Release dates | Announcements | Coded tables | Historical data | Technical Q&As
Current release | Screen reader | PDF (450 KB) | Data Download Program (DDP)

F.6 Derivation of Measures of Personal Saving 1

Billions of dollars; quarterly figures are seasonally adjusted annual rates


Description
2009
2010
2011
2012
2013
2014
2014
Q3
2014
Q4
2015
Q1
2015
Q2
2015
Q3

Line
Personal sector; total financial assets 664.4 745.7 1277.3 1505.1 1381.1 1382.6 913.0 1977.4 2072.1 1192.7 1274.0 1
Households and nonprofit organizations; private foreign deposits; asset -7.2 4.5 -9.9 -7.9 2.3 -6.4 11.6 -27.7 -6.1 -18.7 -16.1 2
Personal sector; checkable deposits and currency; asset 115.8 36.2 325.0 236.2 136.4 185.3 31.9 66.3 194.6 147.9 -202.8 3
Personal sector; total time and savings deposits; asset 101.2 165.8 375.3 422.0 219.3 450.8 266.7 842.2 897.2 30.2 882.3 4
Personal sector; money market mutual fund shares; asset -269.3 -180.1 -20.3 5.5 30.2 -37.2 -65.1 -192.2 -131.6 87.7 -135.2 5
Personal sector; debt securities; asset 44.2 -82.6 -209.6 -198.3 -605.6 -458.0 -329.0 -159.5 -384.9 -75.8 585.6 6
Nonprofit organizations; commercial paper; asset 16.7 -1.5 -1.8 -0.6 -3.8 -0.1 -0.6 -4.2 1.4 1.7 -5.5 7
Personal sector; Treasury securities; asset 529.2 318.9 -229.2 199.0 -143.8 -51.7 -135.0 493.7 -223.0 317.3 657.6 8
Households and nonprofit organizations; agency- and GSE-backed securities; asset -672.5 -10.7 40.6 -48.9 -45.8 -172.9 -28.1 -111.9 -34.4 87.6 131.0 9
Personal sector; municipal securities; asset 107.2 44.1 -65.5 -144.5 -55.6 -66.8 -121.9 -32.4 17.2 -19.1 12.0 10
Households and nonprofit organizations; corporate and foreign bonds; asset 63.7 -433.4 46.3 -203.3 -356.6 -166.5 -43.5 -504.7 -146.1 -463.3 -209.5 11
Personal sector; loans; asset -48.9 5.8 -10.8 10.4 51.2 56.7 103.5 -88.7 3.7 -115.7 -13.8 12
Households and nonprofit organizations; corporate equities; asset -20.3 -192.2 -282.0 -214.4 158.2 35.9 -221.6 354.5 163.2 -111.2 -730.4 13
Households and nonprofit organizations; mutual fund shares; asset 264.5 164.7 257.3 471.9 514.5 419.8 402.7 348.8 561.8 472.8 215.5 14
Households and nonprofit organizations; life insurance reserves; asset 24.6 6.2 73.5 -26.6 19.2 45.3 46.4 62.2 77.7 37.3 62.0 15
Households and nonprofit organizations; pension entitlements; asset 543.1 666.2 550.1 578.5 533.2 513.1 500.1 532.6 456.6 452.5 412.9 16
Personal sector; other financial assets -83.3 151.2 228.8 227.7 322.3 177.2 165.8 238.9 239.9 285.8 213.8 17
Personal sector; total capital expenditures 1657.2 1694.0 1783.0 1935.6 2064.4 2161.0 2188.3 2211.1 2229.2 2265.5 2289.2 18
Personal sector; gross fixed investment, residential equipment and structures 386.9 376.5 381.3 436.8 502.6 542.1 547.7 567.1 580.0 594.1 607.7 19
Personal sector; gross fixed investment, nonresidential structures, equipment, and intellectual property products 326.0 317.4 345.4 381.1 386.5 407.8 412.7 409.7 409.0 411.0 411.0 20
Households and nonprofit organizations; gross fixed investment, consumer durable goods 970.8 1005.0 1057.2 1129.5 1166.9 1205.6 1219.6 1227.5 1225.9 1249.0 1261.4 21
Households and nonprofit organizations; acquisition of nonproduced nonfinancial assets (net) -9.7 -8.5 -7.8 -7.9 -8.2 -8.4 -8.4 -8.4 -8.3 -8.3 -8.2 22
Nonfinancial noncorporate business; inventories -16.8 3.6 6.8 -4.0 16.6 13.9 16.7 15.1 22.5 19.7 17.4 23
Personal sector; consumption of fixed capital, structures, equipment, and intellectual property products, including consumer durables, current cost basis 1586.2 1580.9 1601.5 1640.0 1697.1 1755.6 1763.7 1779.1 1749.6 1760.1 1783.0 24
Personal sector; consumption of fixed capital, residential equipment and structures, current cost basis 377.9 372.0 369.9 372.6 394.7 421.8 424.3 428.2 429.7 432.0 437.2 25
Personal sector; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis 287.7 290.7 293.4 305.0 317.0 330.4 332.0 335.8 338.1 339.0 343.2 26
Households and nonprofit organizations; consumption of fixed capital, consumer durable goods 920.6 918.1 938.2 962.5 985.4 1003.4 1007.4 1015.0 981.8 989.0 1002.5 27
Personal sector; nonfinancial assets 71.0 113.2 181.5 295.5 367.4 405.4 424.6 432.0 479.6 505.5 506.2 28
Personal sector; residential equipment and structures, current cost basis 9.0 4.5 11.5 64.2 107.9 120.4 123.4 138.8 150.3 162.1 170.4 29
Personal sector; nonresidential structures, equipment, and intellectual property products, current cost basis 38.2 26.7 52.0 76.1 69.5 77.3 80.7 73.9 71.0 72.0 67.7 30
Households and nonprofit organizations; consumer durable goods, current cost basis 50.3 86.9 119.0 167.1 181.5 202.2 212.2 212.5 244.2 260.0 258.9 31
Households and nonprofit organizations; acquisition of nonproduced nonfinancial assets (net) -9.7 -8.5 -7.8 -7.9 -8.2 -8.4 -8.4 -8.4 -8.3 -8.3 -8.2 32
Nonfinancial noncorporate business; inventories -16.8 3.6 6.8 -4.0 16.6 13.9 16.7 15.1 22.5 19.7 17.4 33
Personal sector; total liabilities 22.8 -149.6 -92.5 513.0 428.0 708.5 682.6 739.4 649.9 985.7 488.2 34
Personal sector; home mortgages; liability 36.8 -155.0 -88.4 -81.2 -3.2 50.5 50.5 113.2 3.3 241.7 163.3 35
Personal sector; commercial, multifamily, and farm mortgages; liability 44.0 -31.4 -21.9 111.0 77.9 135.3 155.1 211.0 166.1 217.6 190.2 36
Households and nonprofit organizations; consumer credit; liability -103.6 -25.3 108.6 169.4 175.9 218.4 222.8 199.0 184.8 285.8 246.3 37
Households and nonprofit organizations; other loans and advances; liability 38.7 77.6 -37.4 66.1 37.4 33.2 61.0 -78.3 -59.0 44.6 -294.3 38
Personal sector; other liabilities 6.9 -15.4 -53.4 247.6 139.9 271.1 193.2 294.5 354.7 196.0 182.7 39
Personal sector; net capital transfers paid -34.4 -28.4 0.4 -10.0 19.8 9.3 -21.4 18.5 19.9 20.7 20.2 40
Personal sector; personal saving including consumer durables (FOF) 678.2 980.1 1551.7 1277.7 1340.3 1088.9 633.6 1688.5 1921.7 733.2 1312.2 41
Households and nonprofit organizations; consumer durable goods, current cost basis 50.3 86.9 119.0 167.1 181.5 202.2 212.2 212.5 244.2 260.0 258.9 42
Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability -1.2 -3.2 -2.4 -2.5 -2.2 -2.0 -2.7 -1.5 -2.5 -1.3 -2.5 43
Households and nonprofit organizations; adjustment to contributions for government social insurance paid for U.S. affiliated areas 5.0 4.9 4.4 4.6 5.2 5.1 5.1 5.1 5.2 5.2 5.3 44
Personal sector; personal saving excluding consumer durables and federal government life insurance reserves and Railroad Retirement Board and National Railroad Retirement Investment Trust pension fund reserves (FOF) 634.2 901.4 1439.5 1117.7 1166.2 893.8 429.1 1482.6 1685.2 479.7 1061.2 45
Households and nonprofit organizations; personal saving excluding consumer durables and federal government life insurance reserves and Railroad Retirement Board and National Railroad Retirement Investment Trust pension fund reserves (NIPA) 667.4 630.0 710.1 946.7 589.9 620.2 605.7 614.3 687.6 663.9 705.4 46
Personal sector; difference between FOF and NIPA personal saving excluding consumer durables -33.2 271.3 729.4 171.0 576.2 273.6 -176.6 868.3 997.7 -184.2 355.8 47
Households and nonprofit organizations; disposable personal income 10942.5 11237.9 11801.4 12403.7 12395.6 12913.9 12982.7 13116.8 13179.8 13338.3 13510.1 48
Personal sector; personal saving (FOF concept; FOF data) as a percentage of disposable personal income 6.2 8.7 13.1 10.3 10.8 8.4 4.9 12.9 14.6 5.5 9.7 49
Personal sector; personal saving (NIPA concept; FOF data) as a percentage of disposable personal income 5.8 8.0 12.2 9.0 9.4 6.9 3.3 11.3 12.8 3.6 7.9 50
Households and nonprofit organizations; personal saving (NIPA concept; NIPA data) as a percentage of disposable personal income 6.1 5.6 6.0 7.6 4.8 4.8 4.7 4.7 5.2 5.0 5.2 51
Personal sector; difference between FOF and NIPA personal saving excluding consumer durables as a percentage of disposable personal income -0.3 2.4 6.2 1.4 4.6 2.1 -1.4 6.6 7.6 -1.4 2.6 52

NOTES

  1. Consolidated statement for households and nonprofit organizations and nonfinancial noncorporate business.
  2. Directly held, and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 14), life insurance reserves (line 15), and pension entitlements (line 16).
  3. Line 18 less line 24.
  4. Table F.5, line 59 plus line 63.
  5. Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.
  6. Line 45 and 46 are conceptually equivalent but measure saving using different data. Line 45 is net acquisition of financial assets net of government insurance and pension fund reserves (line 1 less line 43) and including contributions for government social insurance to U.S.-affiliated areas, plus net investment in nonfinancial assets net of consumer durables (line 28 less line 42) less net increase in liabilities (line 34) plus net capital transfers paid (line 40). Personal savings, NIPA concept (NIPA) (line 46) is disposable personal income (line 48) less personal outlays (table F.101, line 4).
Release dates | Announcements | Coded tables | Historical data | Technical Q&As
Current release | Screen reader | PDF (450 KB) | Data Download Program (DDP)

Statistical releases