S.6.a Financial Business (1)
Billions of dollars
Description Series code 2009 2010 2011 2012 2013 2014 2015 2016 Line
Domestic financial sectors; gross value added (IMA) FA796902505 1015.4 1042.8 1045.8 1187.3 1172.1 1297.7 1413 1473.6 1
Domestic financial sectors; consumption of fixed capital, structures, equipment, and intellectual property products, including noncorporate financial and excluding REIT residential structures, current cost basis (IMA) FA796300081 177.4 176.7 168.6 174.2 182.2 190.3 199.9 209.6 2
Domestic financial sectors; net value added (IMA) FA796902605 838 866.1 877.2 1013.1 989.9 1107.4 1213.1 1264 3
Domestic financial sectors; compensation of employees paid (IMA) FA796025005 549 574.3 606.8 630.2 640.3 680.3 713.6 732.7 4
Domestic financial sectors; wages and salaries paid (IMA) FA796020001 466.2 486.4 513.5 536.8 545.5 582.2 611.2 625.6 5
Domestic financial sectors; employers' social contributions paid (IMA) FA796401001 82.8 87.9 93.3 93.3 94.8 98.2 102.4 107 6
Domestic financial sectors; taxes on production and imports less subsidies, payable (IMA) FA796240101 64.2 64.8 58.3 60.2 59.8 66.7 71.8 75.4 7
Domestic financial sectors; operating surplus, net (IMA) FA796402101 224.8 227.1 212.1 322.7 289.8 360.4 427.7 455.9 8
Domestic financial sectors; net national income/balance of primary incomes, net (IMA) FA796140005 290.1 376.8 320 289.7 159.1 251.9 276.7 400.9 9
Domestic financial sectors; operating surplus, net (IMA) FA796402101 224.8 227.1 212.1 322.7 289.8 360.4 427.7 455.9 10
Domestic financial sectors; property income (received) (IMA) FA796150105 2203.6 2126.1 2108.2 2051.3 2010.8 2030.3 2078.5 2101.5 11
Domestic financial sectors; interest received (IMA) FA796130101 1878.9 1750.7 1723.3 1636.1 1536.6 1526.3 1553.9 1563.9 12
Domestic financial sectors; dividends received (IMA) FA796121101 275.7 308.9 319.5 359.8 414.8 450.6 472.8 488.9 13
Domestic financial sectors; reinvested earnings on U.S. direct investment abroad; received (IMA) FA793092281 49 66.5 65.4 55.5 59.4 53.4 51.8 48.6 14
Domestic financial sectors; uses of property income (paid) (IMA) FA796150005 2138.4 1976.3 2000.3 2084.3 2141.6 2138.7 2229.5 2156.5 15
Domestic financial sectors; interest paid (IMA) FA796130001 1679.7 1505.2 1504.6 1478.3 1406.3 1415.9 1489.2 1507.3 16
Domestic financial sectors; distributed income of corporations, paid (IMA) FA796120005 455.1 460.8 481.5 589.8 721.3 706.8 727.3 633.5 17
Domestic financial sectors; dividends paid (IMA) FA796121001 380.8 376 427.2 521.9 673.8 690.8 719.7 626 18
Domestic financial sectors; withdrawals from income of quasi-corporations, paid (IMA) (2) FA796122001 74.4 84.9 54.3 67.9 47.5 16 7.6 7.5 19
Domestic financial sectors; reinvested earnings on foreign direct investment in U.S.; paid (IMA) FA793192281 3.5 10.3 14.1 16.2 13.9 16 13 15.7 20
Domestic financial sectors; rents on land and natural resources paid (IMA) FA796112001 0 0 0 0 0 0 0 0 21
Domestic financial sectors; net national income/balance of primary incomes, net (IMA) FA796140005 290.1 376.8 320 289.7 159.1 251.9 276.7 400.9 22
Domestic financial sectors; current taxes on income, wealth, etc. paid (IMA) FA796220001 91.6 150 150.3 180.9 184.1 213.6 226.3 196.9 23
Domestic financial sectors; other current transfers paid (IMA) FA796403005 26.5 18.4 20 -25.7 -19 8.7 28.4 50.7 24
Domestic financial sectors; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA Q4) FA796012095 171.9 208.4 149.7 134.5 -6 29.7 22 153.3 25
Domestic financial sectors; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA Q4) FA796012095 171.9 208.4 149.7 134.5 -6 29.7 22 153.3 26
Domestic financial sectors; net saving including foreign earnings retained abroad and CCAdj less net capital transfers paid (IMA) FA796006385 293.9 249.9 182.1 124.9 -6 19.7 22 151.5 27
Domestic financial sectors; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA Q4) FA796012095 171.9 208.4 149.7 134.5 -6 29.7 22 153.3 28
Domestic financial sectors; net capital transfers paid FA795440005 -121.9 -41.5 -32.4 9.6 0 10 0 1.8 29
Domestic financial sectors; capital formation, net (IMA) FA795015085 -10.5 -13.9 -1.2 17.9 19.1 32.2 42.4 40.3 30
Domestic financial sectors; gross fixed investment, nonresidential structures, equipment, and intellectual property products FA795013005 166.9 162.8 167.5 192.1 201.3 222.5 242.3 250 31
Domestic financial sectors; consumption of fixed capital, structures, equipment, and intellectual property products, including noncorporate financial and excluding REIT residential structures, current cost basis (IMA) FA796300081 177.4 176.7 168.6 174.2 182.2 190.3 199.9 209.6 32
Domestic financial sectors; net lending (+) or borrowing (-) (capital account) (IMA) FA795000995 304.4 263.8 183.3 107 -25.1 -12.5 -20.4 111.2 33
Domestic financial sectors; net lending (+) or borrowing (-) (capital account) (IMA) FA795000995 304.4 263.8 183.3 107 -25.1 -12.5 -20.4 111.2 34
Domestic financial sectors; total financial assets FA794090005 -1366.2 121 1929.1 1480.9 3065.1 2641.4 1246.3 2309.4 35
Monetary authority; monetary gold; asset FA713011203 0 0 0 0 0 0 0 0 36
Domestic financial sectors; total currency and deposits; asset FA794000005 200.3 -161.8 515.8 -40 821.5 126.6 -514.9 -511.2 37
Domestic financial sectors; debt securities; asset FA794022005 865.8 795.8 888.9 997.8 1241.9 960.4 596.4 1174.2 38
Domestic financial sectors; open market paper; asset FA793069175 -379.7 -96.2 -76.5 2 12.7 -23.3 19.3 -99.3 39
Domestic financial sectors; Treasury securities; asset FA793061105 448 583.8 976.5 340.3 480 645.7 356.3 715.3 40
Domestic financial sectors; agency- and GSE-backed securities; asset (3) FA793061705 646.5 49.1 48.3 179.8 387.1 104.5 36.9 349.4 41
Domestic financial sectors; municipal securities; asset FA793062005 9.3 24.8 -30.5 115.1 -16 12.7 63 6.5 42
Domestic financial sectors; corporate and foreign bonds; asset FA793063005 141.8 234.2 -28.9 360.5 378.2 220.8 120.9 202.3 43
Domestic financial sectors; total loans including security repurchase agreements; asset FA794035005 -2952.8 -480.4 174.1 384.6 52 785.7 791.7 936.1 44
Domestic financial sectors; loans including security repurchase agreements, excluding mortgages; asset FA794041005 -2899.3 -188.6 347.6 452 -33.5 596.4 411.4 437.8 45
Domestic financial sectors; total mortgages; asset FA793065005 -53.4 -291.8 -173.6 -67.4 85.5 189.3 380.2 498.3 46
Domestic financial sectors; equity and investment fund shares; asset (IMA) FA793081005 -54.7 -20.7 35 73.7 211 301.4 350.7 230.2 47
Domestic financial sectors; corporate equities; asset FA793064105 45.1 117.3 22.8 38.2 -4.5 30.4 210.7 0.8 48
Domestic financial sectors; mutual fund shares; asset FA793064205 115.7 105.1 -32.6 -11.6 129.4 2.6 -37.7 -173.5 49
Domestic financial sectors; money market mutual fund shares; asset FA793034005 -196.6 -182.5 -67 -81 -27.2 67.8 -14.4 67.7 50
Domestic financial sectors; equity in FHLB; asset (3) FA793092405 0 -3.2 -6.2 -2 -0.2 0.3 0.7 1.9 51
Domestic financial sectors; U.S. direct investment abroad; asset FA793092005 40.7 -2.3 15.2 20.5 25.1 22.4 21.3 46.7 52
Monetary authority; Federal Reserve bank stock; liability FA713164003 4.6 0.9 0.4 0.5 0.1 1.1 0.9 1 53
Domestic financial sectors; equity investment in own subsidiaries; asset FA793094005 -64.1 -56 102.4 109.1 88.2 176.7 169.3 285.6 54
Domestic financial sectors; insurance, pension and standardized guarantee schemes; asset (IMA) FA793052005 523.3 307.5 303.6 242 445 253.4 267.9 308.9 55
Domestic financial sectors; other accounts receivable; asset (IMA) FA793096005 51.8 -319.3 11.8 -177.2 293.6 214 -245.5 171.2 56
Domestic financial sectors; total liabilities FA794190005 -1104.6 102.1 1885.5 1448.5 2889.8 2567.2 1088.9 2050.9 57
Domestic financial sectors; total currency and deposits excluding Federal Reserve loans to domestic banks; liability FA794100005 307.9 357 1479.5 596.8 1833.7 925.9 219 412.9 58
Domestic financial sectors; debt securities; liability FA794122005 -975.7 -681 -355.2 -316.3 60.6 169.2 160.5 359.8 59
Government-sponsored enterprises and federally related mortgage pools; U.S. government agency securities; liability (3) FA423161705 -60.1 -39.5 -22.1 -23.8 238.3 150.3 220.4 351.7 60
Domestic financial sectors; corporate and foreign bonds; liability FA793163005 -467.6 -539.3 -264.9 -233.8 -128.8 56.3 -17.2 -9.9 61
Domestic financial sectors; open market paper; liability FA793169175 -448.1 -102.2 -68.2 -58.8 -48.9 -37.3 -42.7 18 62
Domestic financial sectors; total loans including security repurchase agreements; liability FA794135005 -1644.3 -59.6 202.2 128.4 -192.7 158.3 -23.9 49 63
Domestic financial sectors; short-term loans including security repurchase agreements; liability FA794141005 -1656.1 -60.5 188.7 123.5 -212.6 149 -27.9 47.9 64
Real estate investment trusts; total mortgages; liability FA643165005 11.8 0.8 13.5 4.8 19.9 9.3 4 1.1 65
Domestic financial sectors; equity and investment fund shares; liability (IMA) FA793181005 277.2 96.6 381.7 739.4 683.6 789.4 584.6 607.4 66
Money market mutual funds; total financial assets FA634090005 -516.3 -512.4 -112.6 2.2 24.6 6.8 30.1 -26.6 67
Domestic financial sectors; corporate equities; liability FA793164105 303.8 194.4 170.5 164.3 170 235.6 232.8 245.3 68
Mutual funds; mutual fund shares; liability FA653164205 533.4 395.9 200.8 386.3 346.3 309.7 96.7 24.6 69
Government-sponsored enterprises; equity in government-sponsored enterprises (GSEs); liability (3) FA403192405 0 -2.7 -5.9 -1.8 0.5 1.2 1.3 2.7 70
Domestic financial sectors; foreign direct investment in U.S.; liability FA793192005 45.7 48.5 43.4 21.4 29.7 25.3 38.6 79.3 71
Security brokers and dealers; proprietors' equity in noncorporate business FA662090205 0.7 2.5 -0.3 8.7 -3.3 2.7 5.8 9.1 72
Domestic financial sectors; equity investment by parent companies; liability FA793194005 -94.5 -30.4 85.4 157.8 115.6 207.1 178.4 272 73
Monetary authority; Federal Reserve bank stock; liability FA713164003 4.6 0.9 0.4 0.5 0.1 1.1 0.9 1 74
Insurance companies and pension funds; insurance, pension and standardized guarantee schemes; liability (IMA) FA583152005 635.8 676.8 613.1 478.7 529 383.3 402.7 507.4 75
Domestic financial sectors; other accounts payable; liability (IMA) FA793196005 294.6 -287.7 -435.7 -178.4 -24.3 141 -254 114.5 76
Domestic financial sectors; net lending (+) or borrowing (-) (financial account) FA795000005 -261.7 19 43.6 32.4 175.3 74.2 157.5 258.5 77
Domestic financial sectors; total other volume changes (IMA) FV798090185 -517.4 -180.7 -141.2 132.4 220.9 -77.2 96.6 230.4 78
Domestic financial sectors; nonfinancial assets (does not include land) FV792010095 0 0 0 -2 0 0 0 0 79
Domestic financial sectors; other volume changes (IMA) FV798090085 48.6 64.2 -1.5 208.9 20.4 -163.9 -81.3 83.1 80
Domestic financial sectors; statistical discrepancy (IMA) (4) FU797005045 566 244.9 139.7 74.6 -200.4 -86.7 -177.9 -147.3 81
Domestic financial sectors; nonfinancial assets (does not include land) FR792010095 -61.9 -2.7 42.2 18.4 37.3 20.3 17 15 82
Domestic financial sectors; nonresidential structures, current cost basis FR795013665 -50.2 -0.3 33.2 15.3 31 24.4 19.5 18.3 83
Domestic financial sectors; nonresidential equipment, current cost basis FR795013265 -5.6 1.2 8.3 2.9 4.7 -4.5 -1.7 -2.2 84
Domestic financial sectors; nonresidential intellectual property products, current cost basis FR795013765 -6.1 -3.6 0.6 0.2 1.6 0.3 -0.8 -1.1 85
Domestic financial sectors; revaluation of debt securities, equity and investment fund shares, and insurance, pension and standardized guarantee schemems; asset (IMA) FR794090085 2782.9 1520.6 -323.3 1736 2529.4 1270.6 -890 1189.8 86
Domestic financial sectors; debt securities; asset FR794022005 483.4 197.6 348.3 202.2 -544.5 313.2 -361.3 25.5 87
Domestic financial sectors; corporate equities; asset FR793064105 2198.8 1310.3 -534 1506.8 3223.2 957.9 -464.8 1179.4 88
Domestic financial sectors; mutual fund shares; asset FR793064205 692.7 385.8 -129.6 447.8 727.2 233.6 -131 301.8 89
Domestic financial sectors; U.S. direct investment abroad; asset FR793092005 54.2 40.7 -45.5 22.4 -83.2 64.9 -80.6 -19.5 90
Pension funds; retirement entitlements; asset (IMA) FR593052025 -646.1 -413.6 37.5 -443.1 -793.3 -299 147.7 -297.4 91
Domestic financial sectors; revaluation of equity and investment fund shares and insurance, pension and standardized guarantee schemes; liability (IMA) FR794190085 2693.5 1936.1 -817.4 2336 3884.8 1578.5 -795.7 1939.8 92
Domestic financial sectors; corporate equities; liability FR793164105 399.2 569.8 -459.1 733.5 1315.2 660 -260.4 797 93
Mutual funds; mutual fund shares; liability FR653164205 1474.9 837.2 -289.3 1035.8 1623.2 507.9 -350.1 693.7 94
Domestic financial sectors; foreign direct investment in U.S.; liability FR793192005 17.9 34.1 28.9 -2.2 -50.4 12.1 -21.3 16.1 95
Security brokers and dealers; proprietors' equity in noncorporate business FR662090205 0.5 3.1 -1.3 0.7 6 1.2 -1 6.5 96
Domestic financial sectors; equity investment by parent companies; liability FR793194005 -0.6 -2 1.8 -0.1 0 0 0 0 97
Insurance companies and pension funds; insurance, pension and standardized guarantee schemes; liability (IMA) FR583152005 801.6 493.9 -98.4 568.3 990.9 397.4 -162.9 426.4 98
Domestic financial sectors; changes in net worth due to nominal holding gains/losses (IMA) FR798200005 27.6 -418.2 536.3 -581.6 -1318 -287.7 -77.2 -735.1 99
Domestic financial sectors; net worth (IMA) FC792090095 -196 -348.9 577.2 -324.4 -1103.2 -345.1 41.3 -353.2 100
Domestic financial sectors; total assets (does not include land) FL792000095 71539.6 73108 74780.5 78960.9 84440.2 88274 88270.7 92007 101
Domestic financial sectors; nonfinancial assets (does not include land) (5) LM792010095 1586.3 1580.2 1621.2 1655.5 1711.9 1764.4 1823.8 1879.1 102
Domestic financial sectors; nonresidential structures, current cost basis LM795013665 971.3 963.9 986.3 992 1013.5 1033.8 1054.1 1078.3 103
Domestic financial sectors; nonresidential equipment, current cost basis LM795013265 470.3 471.9 485.5 506 534.3 561.3 593 615.6 104
Domestic financial sectors; nonresidential intellectual property products, current cost basis LM795013765 144.7 144.3 149.4 157.4 164.1 169.3 176.7 185.2 105
Domestic financial sectors; total financial assets FL794090005 69953.3 71527.8 73159.3 77305.5 82728.4 86509.6 86446.9 90127.9 106
Monetary authority; monetary gold; asset FL713011203 11 11 11 11 11 11 11 11 107
Domestic financial sectors; total currency and deposits; asset FL794000005 2360.8 2244.7 2767.8 2752.1 3572.3 3696 3173.2 2672.9 108
Domestic financial sectors; debt securities; asset FL794022005 18341.9 18758.3 19999.1 21291.6 21945.3 23218.9 23444.2 24650.2 109
Domestic financial sectors; open market paper; asset FL793069175 874.4 782.6 706.2 708.3 721.5 699.3 720 621.2 110
Domestic financial sectors; Treasury securities; asset FL793061105 3667.2 4261.2 5312.4 5646.6 6044.2 6736.3 7065.6 7749.6 111
Domestic financial sectors; agency- and GSE-backed securities; asset (3) FL793061705 5937.2 5547.9 5649.9 5867.9 6174.1 6332.7 6335.2 6671.4 112
Domestic financial sectors; municipal securities; asset FL793062005 1739.6 1756.5 1818.8 1954.6 1875.9 1968 2027.7 2008.2 113
Domestic financial sectors; corporate and foreign bonds; asset FL793063005 6123.4 6410.1 6511.8 7114.2 7129.5 7482.6 7295.8 7599.8 114
Domestic financial sectors; total loans including security repurchase agreements; asset FL794035005 22501.3 21778.7 21800.2 22112 22056.9 22803.9 23445.2 24345.2 115
Domestic financial sectors; loans including security repurchase agreements, excluding mortgages; asset FL794041005 8531.6 8417.4 8765 9290.1 9241.1 9837.3 10108 10545.8 116
Domestic financial sectors; total mortgages; asset FL793065005 13969.8 13361.3 13035.2 12821.9 12815.8 12966.6 13337.2 13799.4 117
Domestic financial sectors; equity and investment fund shares; asset (IMA) FL793081005 18417.8 20133.8 19460.3 21937.6 25970.7 27528.4 27052.1 28703.3 118
Domestic financial sectors; corporate equities; asset LM793064105 9625.6 11053.2 10542.1 12087.1 15305.9 16294.2 16040.1 17220.3 119
Domestic financial sectors; mutual fund shares; asset LM793064205 3526.9 4017.7 3855.7 4291.9 5148.5 5384.7 5215.9 5344.3 120
Domestic financial sectors; money market mutual fund shares; asset FL793034005 1065.9 883.4 816.8 735.8 708.6 776.4 762 829.7 121
Domestic financial sectors; equity in FHLB; asset (3) FL793092405 45 41.7 35.5 33.5 33.4 33.7 34.4 36.3 122
Domestic financial sectors; U.S. direct investment abroad; asset LM793092005 832.3 870.7 840.3 883.2 825.1 912.3 853 880.3 123
Monetary authority; Federal Reserve bank stock; liability FL713164003 25.6 26.5 26.9 27.4 27.5 28.6 29.5 30.4 124
Domestic financial sectors; equity investment in own subsidiaries; asset FL793094005 3296.6 3240.6 3343 3878.8 3921.7 4098.5 4117.2 4362.1 125
Domestic financial sectors; insurance, pension and standardized guarantee schemes; asset (IMA) FL793052005 4118.9 4516 4903 4728 4450.7 4452.9 4945.6 5032.6 126
Domestic financial sectors; other accounts receivable; asset (IMA) FL793096005 4201.5 4085.3 4217.9 4473.2 4721.5 4798.5 4375.7 4712.8 127
Domestic financial sectors; total liabilities and net worth (IMA) FL792100005 71539.6 73108 74780.5 78960.9 84440.2 88274 88270.7 92007 128
Domestic financial sectors; total liabilities and equity FL794194005 70170.6 72087.9 73183.2 77688 84270.5 88449.4 88404.8 92494.3 129
Domestic financial sectors; total currency and deposits excluding Federal Reserve loans to domestic banks; liability FL794100005 11669.1 12022 13501.4 14070.4 15904.1 16830.1 17049.1 17462 130
Domestic financial sectors; debt securities; liability FL794122005 14600.6 13549 13120.3 12926.1 12921.6 13063.4 13040.8 13352.8 131
Government-sponsored enterprises and federally related mortgage pools; U.S. government agency securities; liability (3) FL423161705 8083.3 7581.3 7559.2 7535.4 7773.7 7924 8144.4 8496.1 132
Domestic financial sectors; corporate and foreign bonds; liability FL793163005 5839.1 5391.6 5053.3 4941.6 4747.7 4776.5 4576.3 4518.6 133
Domestic financial sectors; open market paper; liability FL793169175 678.3 576 507.9 449.1 400.2 362.9 320.1 338.1 134
Domestic financial sectors; total loans including security repurchase agreements; liability FL794135005 4768.4 4720.7 4917.5 5108.6 4915.9 5082.1 5061.1 5135 135
Domestic financial sectors; short-term loans including security repurchase agreements; liability FL794141005 4593.2 4544.6 4728 4914.2 4701.6 4850.6 4825.6 4898.5 136
Real estate investment trusts; total mortgages; liability FL643165005 175.3 176.1 189.5 194.4 214.3 231.4 235.4 236.5 137
Domestic financial sectors; equity and investment fund shares; liability (IMA) FL793181005 18444.9 19946.6 19609.3 22542.9 26075.3 28045.8 27847.3 29927.5 138
Money market mutual funds; total financial assets FL634090005 3315.9 2803.5 2691 2693.2 2717.8 2724.6 2754.7 2728.1 139
Domestic financial sectors; corporate equities; liability LM793164105 3582.6 4346.8 4058.2 4956 6441.2 7336.7 7309.2 8351.5 140
Mutual funds; mutual fund shares; liability LM653164205 7796.7 9029.8 8941.4 10363.5 12333 13150.6 12897.2 13615.6 141
Government-sponsored enterprises; equity in government-sponsored enterprises (GSEs); liability (3) FL403192405 51.8 49 43.1 41.2 41.7 42.9 44.2 46.9 142
Domestic financial sectors; foreign direct investment in U.S.; liability LM793192005 407 489.6 561.9 581.1 560.5 597.8 615.1 710.5 143
Security brokers and dealers; proprietors' equity in noncorporate business LM662090205 20.7 26.3 24.7 34.1 36.7 40.6 45.4 61 144
Domestic financial sectors; equity investment by parent companies; liability FL793194005 3244.5 3175 3262.2 3846.4 3916.9 4123.9 4152.1 4383.5 145
Monetary authority; Federal Reserve bank stock; liability FL713164003 25.6 26.5 26.9 27.4 27.5 28.6 29.5 30.4 146
Insurance companies and pension funds; insurance, pension and standardized guarantee schemes; liability (IMA) FL583152005 18136.4 19810.3 20366.7 21434.7 23025.5 23854 24170.9 25197.7 147
Domestic financial sectors; other accounts payable; liability (IMA) FL793196005 2551.2 2039.2 1667.9 1605.2 1428.1 1574.1 1235.6 1419.3 148
Domestic financial sectors; net worth (IMA) FL792090095 1369 1020.1 1597.3 1272.9 169.7 -175.4 -134.1 -487.3 149

NOTES

  1. Financial business includes depository institutions, insurance companies, pension funds, monetary authority, and other financial institutions. Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.
  2. 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.
  3. 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.
  4. 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.
  5. Excludes land. Includes corporate and noncorporate financial business.
Last Update: December 7, 2017