F.107 State and Local Governments (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description Series code 2015 2016 2017 2016 Q3 2016 Q4 2017 Q1 2017 Q2 2017 Q3 2017 Q4 Line
State and local governments; current receipts, NIPA basis FA206010105 2350.7 2416.3 2491 2438.6 2458.2 2465.2 2446.1 2502.6 2550.2 1
State and local governments; personal current taxes FA206210001 409.4 419.6 445.3 425.9 425.2 444.8 421.4 444.4 470.5 2
State and local governments; taxes on production and imports, receivable (IMA) FA206240001 1115.6 1151 1196.1 1159.8 1165.6 1180.4 1189.7 1198.6 1215.6 3
State and local governments; taxes on corporate income (accrual basis) FA206231001 59.2 58.1 55.5 58.9 56.5 46.1 58.4 55.9 61.6 4
State and local governments; contributions for government social insurance received FA206601001 19.8 20.3 20.5 20.3 20.4 20.4 20.4 20.6 20.8 5
State and local governments; property income (received) FA206150105 76.3 78.2 79.4 78.5 78.8 78.7 79.1 79.6 80.3 6
State and local governments; other current transfer received FA206403105 680 695.6 701.1 701.5 718.4 702.6 684 710.1 707.7 7
State and local governments; operating surplus, net FA206402101 -9.6 -6.6 -6.9 -6.3 -6.7 -7.7 -6.9 -6.6 -6.3 8
State and local governments; current expenditures FA206900005 2497 2583.7 2670.3 2600.9 2620.1 2645.1 2651.3 2677.4 2707.3 9
State and local governments; consumption expenditures FA206901001 1650.8 1693.6 1754.3 1704.4 1712.2 1733.4 1743.7 1759.8 1780.4 10
State and local governments; social contributions paid FA206404001 664 692.6 717.2 697.1 708.1 712.2 709 719.2 728.6 11
State and local governments; other current transfer payments to the rest of the world FA206403001 0 0 0 0 0 0 0 0 0 12
State and local governments; interest paid (IMA) FA206130001 181.7 197 198.2 198.9 199.3 199 198 197.8 197.8 13
State and local governments; subsidies paid FA206402001 0.5 0.5 0.6 0.5 0.5 0.5 0.5 0.6 0.6 14
State and local governments; net saving including net capital transfers paid FA206006005 -146.4 -167.4 -179.2 -162.2 -161.9 -179.8 -205.2 -174.8 -157 15
State and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis) FA206300003 250.6 254.9 264.5 255.6 257.2 260.8 263.2 266.1 268 16
State and local governments; net capital transfers paid (2) FA205440005 -69 -72.4 -73.9 -73.9 -71.1 -72.2 -73.8 -78.6 -70.8 17
State and local governments; gross saving less net capital transfers paid FA206000105 173.2 159.9 159.2 167.3 166.3 153.1 131.8 169.9 181.8 18
State and local governments; gross investment FA205090005 184.5 202.9 170.8 251.9 173.8 153.2 118.5 200.3 211.2 19
State and local governments; gross fixed investment (NIPA basis) FA205019001 344.1 342.7 338.5 335.6 339.2 342.5 332.5 333.1 345.8 20
State and local governments; acquisition of nonproduced nonfinancial assets (net) FA205420003 10.2 10.5 10.9 10.5 10.6 10.7 10.8 10.9 11.1 21
State and local governments, excluding employee retirement funds; net lending (+) or borrowing (-) (financial account) FA215000005 -169.9 -150.3 -178.6 -94.3 -176 -200 -224.8 -143.7 -145.7 22
State and local governments, excluding employee retirement funds; total financial assets FA214090005 29.7 141.7 96.9 222 114.2 35.9 -33.1 120.5 264.2 23
State and local governments, excluding employee retirement funds; checkable deposits and currency; asset FA213020005 -12.3 -5.1 -2.5 -3.8 -27.9 14.3 4.3 -30.8 2.3 24
State and local governments, excluding employee retirement funds; total time and savings deposits; asset FA213030005 14.5 6.6 12.8 -28.1 31.1 -32.2 13.6 13.3 56.4 25
State and local governments, excluding employee retirement funds; money market fund shares; asset FA213034003 6.3 8.9 6.9 15.1 9.9 5.4 -3.6 10.2 15.6 26
State and local governments, excluding employee retirement funds; security repurchase agreements; asset FA212051003 5.5 7.1 5.5 12.1 7.9 4.3 -2.9 8.2 12.5 27
State and local governments, excluding employee retirement funds; debt securities; asset FA214022005 -10.4 85.5 43.9 171 56.7 17.8 -59.5 81.9 135.2 28
State and local governments, excluding employee retirement funds; commercial paper; asset FA213069103 -4.9 0 2.3 5.1 3.4 1.8 -1.2 3.5 5.3 29
State and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset FA213061105 26 61 4.6 112.4 18.4 -3.1 -85.4 22.4 84.6 30
State and local governments, excluding employee retirement funds; agency- and GSE-backed securities; asset FA213061703 -35.9 14.8 31.9 37 24.1 13.2 31.1 44.9 38.3 31
State and local governments, excluding employee retirement funds; municipal securities; asset FA213062003 0.3 0.7 0.6 1.2 0.8 0.4 -0.3 0.8 1.3 32
State and local governments, excluding employee retirement funds; corporate and foreign bonds; asset FA213063003 4 9 4.5 15.3 9.9 5.4 -3.6 10.3 5.8 33
State and local governments, excluding employee retirement funds; total mortgages; asset FA213065005 5.8 11.5 9.1 19.3 12.6 7.2 -4 13.1 19.9 34
State and local governments, excluding employee retirement funds; corporate equities; asset FA213064103 2.1 4.8 2.5 8.1 5.3 2.9 -1.9 5.5 3.4 35
State and local governments, excluding employee retirement funds; mutual fund shares; asset FA213064203 1.1 2.5 1.9 4.2 2.7 1.5 -1 2.8 4.3 36
State and local governments, excluding employee retirement funds; trade receivables; asset FA213070003 5.2 10.1 10.4 12.3 10.1 5.9 14.1 11 10.4 37
State and local governments, excluding employee retirement funds; taxes receivable; asset FA213078005 4.4 3.5 2.9 1.1 -1 5 10.3 -1.7 -1.9 38
State and local governments, excluding employee retirement funds; unidentified miscellaneous assets FA213093003 7.4 6.2 3.6 10.6 6.9 3.8 -2.5 7.1 6 39
State and local governments, excluding employee retirement funds; total liabilities FA214190005 199.5 292 275.4 316.3 290.2 235.9 191.7 264.2 409.9 40
State and local governments, excluding employee retirement funds; municipal securities; liability FA213162005 8.9 30 -4.3 24.9 8 -103.5 -37.9 -4.5 128.8 41
State and local governments, excluding employee retirement funds; short-term municipal securities; liability (3) FA213162400 -5.9 -2.8 4.8 -11.3 -6.7 0.2 3.2 15.1 1 42
State and local governments, excluding employee retirement funds; long-term municipal securities; liability FA213162200 14.8 32.7 -9.1 36.2 14.7 -103.7 -41 -19.5 127.8 43
State and local governments, excluding employee retirement funds; U.S. government loans; liability FA213169203 0.3 0.9 0.4 -0.9 3.6 0.2 0.5 0.4 0.7 44
State and local governments, excluding employee retirement funds; trade payables; liability FA213170003 40.5 41.2 42.5 41.1 41.5 42.1 42 42.4 43.6 45
State and local government employee defined benefit retirement funds; claims of pension fund on sponsor; asset (4) FA223073045 149.9 220 236.7 251.2 237.2 297.1 187.1 225.9 236.8 46
State and local governments, excluding employee retirement funds; sector discrepancy FA217005005 -11.3 -43 -11.6 -84.5 -7.4 -0.1 13.3 -30.4 -29.3 47


NOTES

  1. Data for state and local government employee retirement funds are shown on table F.120.
  2. Table F.5, line 62.
  3. Debt with original maturity of 13 months or less.
  4. Included in miscellaneous liabilities.
Last Update: March 8, 2018