Financial Accounts of the United States - Z.1
Flow of Funds Matrix--Flows for 2016
Billions of dollars; seasonally adjustedDescription |
Households and Nonprofit Organziations; Use |
Households and Nonprofit Organziations; Source |
Nonfinancial Business; Use |
Nonfinancial Business; Source |
Federal Government; Use |
Federal Government; Source |
State and Local Governments; Use |
State and Local Governments; Source |
Domestic Nonfinancial Sectors; Use |
Domestic Nonfinancial Sectors; Source |
Domestic Financial Sectors; Use |
Domestic Financial Sectors; Source |
Rest of the World; Use |
Rest of the World; Source |
All Sectors; Use |
All Sectors; Source |
Instrument Discrep- ancy; |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross saving less net cap. transfers | -- | 2478.8 | -- | 2147.4 | -- | -477.6 | -- | 159.9 | -- | 4308.4 | -- | 364.0 | -- | 461.4 | -- | 5133.8 | -- |
| Capital consumption | -- | 1566.2 | -- | 1684.5 | -- | 271.3 | -- | 254.9 | -- | 3776.9 | -- | 210.8 | -- | -- | -- | 3987.7 | -- |
| Net saving (1 less 2) | -- | 912.6 | -- | 462.9 | -- | -748.9 | -- | -95.0 | -- | 531.5 | -- | 153.2 | -- | 461.4 | -- | 1146.1 | -- |
| Gross investment (5 plus 11) | 2562.1 | -- | 2175.1 | -- | -423.2 | -- | 212.4 | -- | 4526.4 | -- | 524.4 | -- | 363.8 | -- | 5414.6 | -- | -280.8 |
| Capital expenditures | 2052.0 | -- | 2072.7 | -- | 258.4 | -- | 353.2 | -- | 4736.3 | -- | 255.4 | -- | 0.0 | -- | 4991.8 | -- | 142.0 |
| Capital expenditures; Consumer durables | 1324.8 | -- | -- | -- | -- | -- | -- | -- | 1324.8 | -- | -- | -- | -- | -- | 1324.8 | -- | -- |
| Capital expenditures; Residential | 585.2 | -- | 115.2 | -- | 0.2 | -- | 5.9 | -- | 706.5 | -- | 5.5 | -- | -- | -- | 712.0 | -- | -- |
| Capital expenditures; Nonresidential | 151.4 | -- | 1914.9 | -- | 266.8 | -- | 336.8 | -- | 2669.9 | -- | 250.0 | -- | -- | -- | 2919.9 | -- | -- |
| Capital expenditures; Inventory change | -- | -- | 35.1 | -- | -- | -- | -- | -- | 35.1 | -- | -- | -- | -- | -- | 35.1 | -- | -- |
| Capital expenditures; Nonproduced nonfinancial assets | -9.4 | -- | 7.5 | -- | -8.6 | -- | 10.5 | -- | 0.0 | -- | -- | -- | 0.0 | -- | -- | -- | -- |
| Net lending (+) or net borrowing (-) | 510.1 | -- | 102.4 | -- | -681.6 | -- | -140.8 | -- | -210.0 | -- | 269.0 | -- | 363.8 | -- | 422.8 | -- | -422.8 |
| Net acquisition of financial assets | 1023.7 | -- | 1640.7 | -- | 211.1 | -- | 150.8 | -- | 3026.2 | -- | 2337.3 | -- | 719.1 | -- | 6082.6 | -- | -- |
| Net increase in liabilities | -- | 513.6 | -- | 1538.3 | -- | 892.7 | -- | 291.6 | -- | 3236.2 | -- | 2068.3 | -- | 355.3 | -- | 5659.8 | -- |
| Net increase in liabilities; U.S. official reserve assets | -- | -- | -- | -- | 2.2 | 0.0 | -- | -- | 2.2 | 0.0 | -0.1 | -- | 0.0 | 2.1 | 2.1 | 2.1 | -- |
| Net increase in liabilities; SDR certificates | -- | -- | -- | -- | -- | 0.0 | -- | -- | -- | 0.0 | 0.0 | -- | -- | -- | 0.0 | 0.0 | -- |
| Net increase in liabilities; Treasury currency | -- | -- | -- | -- | -- | 0.0 | -- | -- | -- | 0.0 | 1.0 | -- | -- | -- | 1.0 | 0.0 | -1.0 |
| Net increase in liabilities; Foreign deposits | -5.6 | -- | 5.2 | -- | -- | -- | -- | -- | -0.4 | -- | -9.2 | -- | -- | -89.9 | -9.6 | -89.9 | -80.3 |
| Net increase in liabilities; Interbank claims | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -216.6 | -378.9 | -157.1 | -- | -373.7 | -378.9 | -5.2 |
| Net increase in liabilities; Checkable dep. and currency | -69.3 | -- | 185.0 | -- | 65.7 | -- | -5.4 | -- | 176.0 | -- | 32.6 | 268.2 | 59.1 | -- | 267.7 | 268.2 | 0.5 |
| Net increase in liabilities; Time and savings deposits | 696.1 | -- | 72.2 | -- | -0.2 | -- | 6.6 | -- | 774.7 | -- | -326.3 | 517.1 | 68.6 | -- | 517.1 | 517.1 | -- |
| Net increase in liabilities; Money market fund shares | -49.0 | -- | -82.9 | -- | -- | -- | 9.7 | -- | -122.1 | -- | 94.8 | -26.6 | 0.8 | -- | -26.6 | -26.6 | -- |
| Net increase in liabilities; Fed. funds and security repos | -- | -- | 13.1 | -- | -- | -- | 7.8 | -- | 20.8 | -- | 68.3 | -22.3 | 66.8 | 115.3 | 155.9 | 93.0 | -62.9 |
| Net increase in liabilities; Debt securities | -120.5 | -3.6 | 29.8 | 292.3 | 0.0 | 842.7 | 91.1 | 29.7 | 0.4 | 1161.1 | 1194.9 | 360.0 | 349.1 | 23.3 | 1544.4 | 1544.4 | -- |
| Net increase in liabilities; Debt securities; Open market paper | -- | -- | 4.6 | 4.1 | -- | -- | 0.3 | -- | 4.9 | 4.1 | -98.5 | 18.0 | 37.0 | -78.7 | -56.6 | -56.6 | -- |
| Net increase in liabilities; Debt securities; Treasury securities | 167.5 | -- | 6.4 | -- | -- | 842.8 | 63.5 | -- | 237.5 | 842.8 | 704.6 | -- | -99.3 | -- | 842.8 | 842.8 | -- |
| Net increase in liabilities; Debt securities; Agency- and GSE-backed sec. | -123.0 | -- | 0.8 | -- | 0.0 | -0.1 | 16.7 | -- | -105.4 | -0.1 | 378.6 | 351.7 | 78.4 | -- | 351.6 | 351.6 | -- |
| Net increase in liabilities; Debt securities; Municipal securities | 11.3 | -3.6 | 17.9 | 17.5 | -- | -- | 0.8 | 29.7 | 30.0 | 43.6 | 6.4 | -- | 7.3 | -- | 43.6 | 43.6 | -- |
| Net increase in liabilities; Debt securities; Corporate and fgn. bonds | -176.4 | -- | -- | 270.7 | 0.0 | -- | 9.8 | -- | -166.6 | 270.7 | 203.9 | -9.6 | 325.8 | 101.9 | 363.0 | 363.0 | -- |
| Net increase in liabilities; Loans | -4.9 | 513.8 | 7.8 | 419.1 | 103.0 | 0.0 | 12.5 | 0.9 | 118.4 | 933.8 | 859.8 | 60.7 | -1.9 | -18.2 | 976.3 | 976.3 | -- |
| Net increase in liabilities; Loans; Depository inst. loans n.e.c. | -- | 49.9 | -- | 122.6 | -- | -- | -- | -- | -- | 172.5 | 154.8 | -1.6 | -- | -16.2 | 154.8 | 154.8 | -- |
| Net increase in liabilities; Loans; Other loans and advances | -1.1 | -10.2 | -- | 17.0 | 0.2 | -- | -- | 0.9 | -0.9 | 7.7 | 78.0 | 69.4 | -1.9 | -2.0 | 75.1 | 75.1 | -- |
| Net increase in liabilities; Loans; Mortgages | -0.7 | 245.9 | 8.6 | 279.5 | 3.2 | 0.0 | 12.5 | -- | 23.5 | 525.5 | 494.8 | -7.1 | -- | -- | 518.3 | 518.3 | -- |
| Net increase in liabilities; Loans; Consumer credit | -3.1 | 228.1 | -0.8 | -- | 99.6 | -- | -- | -- | 95.8 | 228.1 | 132.3 | -- | -- | -- | 228.1 | 228.1 | -- |
| Net increase in liabilities; Corporate equities | -132.9 | -- | -- | -581.4 | -0.1 | -- | 5.2 | -- | -127.8 | -581.4 | -1.8 | 244.7 | -192.7 | 14.4 | -322.3 | -322.3 | -- |
| Net increase in liabilities; Mutual fund shares | 152.9 | -- | -10.3 | -- | -- | -- | 2.7 | -- | 145.3 | -- | -173.5 | 22.7 | 50.8 | -- | 22.7 | 22.7 | -- |
| Net increase in liabilities; Trade credit | 9.6 | 3.7 | 175.7 | 146.5 | 3.8 | 16.4 | 10.3 | 41.2 | 199.3 | 207.8 | 0.4 | 10.4 | 7.3 | 0.9 | 207.0 | 219.1 | 12.1 |
| Net increase in liabilities; Life insurance reserves | 15.4 | -- | -- | -- | -- | 0.1 | -- | -- | 15.4 | 0.1 | 9.6 | 24.9 | -- | -- | 25.0 | 25.0 | -- |
| Net increase in liabilities; Pension entitlements | 439.0 | -- | -- | -- | -- | -- | -- | -- | 439.0 | -- | -- | 439.0 | -- | -- | 439.0 | 439.0 | -- |
| Net increase in liabilities; Taxes payable | -- | -- | -- | 13.1 | 23.5 | -- | 3.5 | -- | 26.9 | 13.1 | -- | 5.5 | -- | -- | 26.9 | 18.6 | -8.4 |
| Net increase in liabilities; Equity in noncorp. business | 39.7 | -- | -- | 37.8 | -- | -- | -- | -- | 39.7 | 37.8 | -- | 2.0 | -- | -- | 39.7 | 39.7 | -- |
| Net increase in liabilities; U.S. direct investment abroad | -- | -- | 253.8 | -- | -- | -- | -- | -- | 253.8 | -- | 46.7 | -- | -- | 300.5 | 300.5 | 300.5 | -- |
| Net increase in liabilities; Foreign direct investment in U.S. | -- | -- | -- | 389.1 | -- | -- | -- | -- | -- | 389.1 | -- | 79.3 | 468.3 | -- | 468.3 | 468.3 | -- |
| Net increase in liabilities; Miscellaneous | 53.1 | -0.3 | 991.4 | 822.0 | 13.2 | 33.5 | 6.8 | 219.8 | 1064.5 | 1074.9 | 756.6 | 461.7 | -- | 7.0 | 1821.2 | 1543.5 | -277.6 |
| Sector discrepancies (1 less 4) | -83.3 | -- | -27.7 | -- | -54.4 | -- | -52.5 | -- | -217.9 | -- | -160.4 | -- | 97.6 | -- | -280.8 | -- | -280.8 |
NOTES
- General Notes: U = use of funds; S = source of funds. Domestic nonfinancial sectors (columns 9 and 10) are households and nonprofit organizations, nonfinancial business, state and local governments, and federal government.
Last Update: September 21, 2017