Financial Accounts of the United States - Z.1
Flow of Funds Matrix--Flows for 2017
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 | -- | 2410.5 | -- | 2327.4 | -- | -469.4 | -- | 159.2 | -- | 4427.8 | -- | 351.4 | -- | 490.8 | -- | 5270 | -- |
| Capital consumption | -- | 1597.2 | -- | 1755.9 | -- | 273.8 | -- | 264.5 | -- | 3891.4 | -- | 217.4 | -- | -- | -- | 4108.8 | -- |
| Net saving (1 less 2) | -- | 813.3 | -- | 571.5 | -- | -743.2 | -- | -105.3 | -- | 536.3 | -- | 134.1 | -- | 490.8 | -- | 1161.3 | -- |
| Gross investment (5 plus 11) | 2460.2 | -- | 2320.4 | -- | -404 | -- | 170.8 | -- | 4547.4 | -- | 555.2 | -- | 440.2 | -- | 5542.8 | -- | -272.8 |
| Capital expenditures | 2138.1 | -- | 2192.1 | -- | 282.3 | -- | 349.4 | -- | 4961.9 | -- | 253.8 | -- | -- | -- | 5215.7 | -- | 54.4 |
| Capital expenditures; Consumer durables | 1384 | -- | -- | -- | -- | -- | -- | -- | 1384 | -- | -- | -- | -- | -- | 1384 | -- | -- |
| Capital expenditures; Residential | 619.3 | -- | 130.1 | -- | 0.2 | -- | 5.7 | -- | 755.3 | -- | -1.6 | -- | -- | -- | 753.7 | -- | -- |
| Capital expenditures; Nonresidential | 144.6 | -- | 2049.1 | -- | 282.6 | -- | 332.8 | -- | 2809.1 | -- | 255.4 | -- | -- | -- | 3064.5 | -- | -- |
| Capital expenditures; Inventory change | -- | -- | 13.5 | -- | -- | -- | -- | -- | 13.5 | -- | -- | -- | -- | -- | 13.5 | -- | -- |
| Capital expenditures; Nonproduced nonfinancial assets | -9.8 | -- | -0.6 | -- | -0.5 | -- | 10.9 | -- | -0 | -- | -- | -- | -- | -- | -- | -- | -- |
| Net lending (+) or net borrowing (-) | 322.1 | -- | 128.3 | -- | -686.3 | -- | -178.6 | -- | -414.5 | -- | 301.4 | -- | 440.2 | -- | 327.2 | -- | -327.2 |
| Net acquisition of financial assets | 944.1 | -- | 1388.8 | -- | -13.6 | -- | 96.9 | -- | 2416.2 | -- | 3301.8 | -- | 1397.6 | -- | 7115.6 | -- | -- |
| Net increase in liabilities | -- | 622 | -- | 1260.5 | -- | 672.8 | -- | 275.4 | -- | 2830.7 | -- | 3000.4 | -- | 957.4 | -- | 6788.5 | -- |
| Net increase in liabilities; U.S. official reserve assets | -- | -- | -- | -- | -0.6 | -- | -- | -- | -0.6 | -- | 0.1 | -- | -- | -0.5 | -0.5 | -0.5 | -- |
| Net increase in liabilities; SDR certificates | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net increase in liabilities; Treasury currency | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.8 | -- | -- | -- | 0.8 | -- | -0.8 |
| Net increase in liabilities; Foreign deposits | 7.7 | -- | 48.1 | -- | -- | -- | -- | -- | 55.8 | -- | 1.9 | -- | -- | 183.5 | 57.7 | 183.5 | 125.8 |
| Net increase in liabilities; Interbank claims | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 196 | 294 | 99.4 | -- | 295.4 | 294 | -1.4 |
| Net increase in liabilities; Checkable dep. and currency | -57.9 | -- | 248.3 | -- | -170.2 | -- | -2.5 | -- | 17.8 | -- | 10.3 | 109.9 | 81.1 | -- | 109.2 | 109.9 | 0.7 |
| Net increase in liabilities; Time and savings deposits | 233.9 | -- | 73.1 | -- | 0.4 | -- | 12.8 | -- | 320.2 | -- | 23.3 | 358.7 | 15.2 | -- | 358.7 | 358.7 | -- |
| Net increase in liabilities; Money market fund shares | 30.8 | -- | -10.5 | -- | -- | -- | 6.9 | -- | 27.2 | -- | 87.2 | 119.2 | 4.7 | -- | 119.2 | 119.2 | -- |
| Net increase in liabilities; Fed. funds and security repos | -- | -- | -17.5 | -- | -- | -- | 5.5 | -- | -11.9 | -- | 296 | 70.9 | 4.3 | -42.9 | 288.4 | 28 | -260.4 |
| Net increase in liabilities; Debt securities | -171.6 | 1.6 | 17.3 | 299 | -- | 447 | 43.9 | -4.3 | -110.4 | 743.3 | 915.7 | 418.6 | 646.9 | 290.4 | 1452.3 | 1452.3 | -- |
| Net increase in liabilities; Debt securities; Open market paper | -- | -- | -6.1 | 26 | -- | -- | 2.3 | -- | -3.8 | 26 | 97.3 | -8.4 | -13.2 | 62.8 | 80.4 | 80.4 | -- |
| Net increase in liabilities; Debt securities; Treasury securities | 11.1 | -- | 4.1 | -- | -- | 447 | 4.6 | -- | 19.8 | 447 | 108.4 | -- | 318.8 | -- | 447 | 447 | -- |
| Net increase in liabilities; Debt securities; Agency- and GSE-backed sec. | 16.8 | -- | 0.2 | -- | -- | -0.1 | 31.9 | -- | 48.9 | -0.1 | 267 | 336.6 | 20.6 | -- | 336.5 | 336.5 | -- |
| Net increase in liabilities; Debt securities; Municipal securities | -68.2 | 1.6 | 19.1 | 13.6 | -- | -- | 0.6 | -4.3 | -48.5 | 10.9 | 49.1 | -- | 10.4 | -- | 10.9 | 10.9 | -- |
| Net increase in liabilities; Debt securities; Corporate and fgn. bonds | -131.3 | -- | -- | 259.4 | -- | -- | 4.5 | -- | -126.8 | 259.4 | 393.9 | 90.5 | 310.4 | 227.6 | 577.4 | 577.4 | -- |
| Net increase in liabilities; Loans | -31.2 | 602.4 | 8.6 | 446.8 | 105.6 | -- | 9.1 | 0.4 | 92.2 | 1049.6 | 888.4 | 15.1 | 57.6 | -26.5 | 1038.2 | 1038.2 | -- |
| Net increase in liabilities; Loans; Depository inst. loans n.e.c. | -- | 47.1 | -- | 72.2 | -- | -- | -- | -- | -- | 119.3 | 96.8 | 12.4 | -- | -34.9 | 96.8 | 96.8 | -- |
| Net increase in liabilities; Loans; Other loans and advances | -24 | 35.3 | -- | 125.5 | 6.5 | -- | -- | 0.4 | -17.5 | 161.2 | 132.7 | 3.1 | 57.6 | 8.4 | 172.8 | 172.8 | -- |
| Net increase in liabilities; Loans; Mortgages | -1.8 | 324.2 | 9.6 | 249.1 | 1.6 | -- | 9.1 | -- | 18.3 | 573.3 | 554.5 | -0.5 | -- | -- | 572.8 | 572.8 | -- |
| Net increase in liabilities; Loans; Consumer credit | -5.3 | 195.9 | -0.9 | -- | 97.6 | -- | -- | -- | 91.4 | 195.9 | 104.5 | -- | -- | -- | 195.9 | 195.9 | -- |
| Net increase in liabilities; Corporate equities | 104.2 | -- | -- | -391.3 | -0.1 | -- | 2.5 | -- | 106.6 | -391.3 | 8.4 | 388.6 | 134.3 | 251.9 | 249.2 | 249.2 | -- |
| Net increase in liabilities; Mutual fund shares | 397.3 | -- | -10.3 | -- | -- | -- | 1.9 | -- | 389 | -- | -91.5 | 317.8 | 20.3 | -- | 317.8 | 317.8 | -- |
| Net increase in liabilities; Trade credit | 19.6 | 15.8 | 169.1 | 142.9 | 0.9 | 23.3 | 10.4 | 42.5 | 199.9 | 224.5 | 15.3 | -4.2 | 15.7 | 4 | 231 | 224.3 | -6.6 |
| Net increase in liabilities; Life insurance reserves | 10 | -- | -- | -- | -- | -0.2 | -- | -- | 10 | -0.2 | 10.4 | 20.6 | -- | -- | 20.4 | 20.4 | -- |
| Net increase in liabilities; Pension entitlements | 308.6 | -- | -- | -- | -- | -- | -- | -- | 308.6 | -- | -- | 308.6 | -- | -- | 308.6 | 308.6 | -- |
| Net increase in liabilities; Taxes payable | -- | -- | -- | -8.9 | 40.8 | -- | 2.9 | -- | 43.8 | -8.9 | -- | 29.4 | -- | -- | 43.8 | 20.5 | -23.2 |
| Net increase in liabilities; Equity in noncorp. business | 40.7 | -- | -- | 46.3 | -- | -- | -- | -- | 40.7 | 46.3 | -- | -5.6 | -- | -- | 40.7 | 40.7 | -- |
| Net increase in liabilities; U.S. direct investment abroad | -- | -- | 260.3 | -- | -- | -- | -- | -- | 260.3 | -- | 33.9 | -- | -- | 294.3 | 294.3 | 294.3 | -- |
| Net increase in liabilities; Foreign direct investment in U.S. | -- | -- | -- | 265.2 | -- | -- | -- | -- | -- | 265.2 | -- | 52.9 | 318.1 | -- | 318.1 | 318.1 | -- |
| Net increase in liabilities; Miscellaneous | 51.8 | 2.3 | 602.2 | 460.4 | 9.7 | 202.7 | 3.6 | 236.7 | 667.2 | 902.1 | 905.5 | 506.1 | -- | 3.4 | 1572.7 | 1411.5 | -161.1 |
| Sector discrepancies (1 less 4) | -49.7 | -- | 7 | -- | -65.4 | -- | -11.6 | -- | -119.7 | -- | -203.8 | -- | 50.6 | -- | -272.8 | -- | -272.8 |
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: March 8, 2018