F.105 General Government (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates

Description Series code 2016 2017 2018 2017 Q3 2017 Q4 2018 Q1 2018 Q2 2018 Q3 2018 Q4 Line
General government; current receipts, NIPA basis FA366010115 5897.4 6043.0 6089.8 6091.3 6062.6 5992.3 6037.0 6163.8 6165.8 1
General government; personal current taxes FA366210005 1954.3 2034.6 2050.4 2048.5 2070.9 2030.0 2035.3 2064.9 2071.3 2
General government; taxes on production and imports, receivable (IMA) FA366240005 1303.7 1347.2 1428.5 1353.7 1370.0 1397.9 1413.4 1435.2 1467.4 3
General government; taxes on corporate income (accrual basis) FA366231005 381.0 337.6 217.6 349.9 320.4 198.7 221.6 230.7 219.4 4
Federal government; taxes from the rest of the world FA316231061 24.0 25.4 27.3 25.6 26.4 26.3 27.3 27.0 28.4 5
General government; contributions for government social insurance received FA366601005 1245.0 1303.8 1366.5 1311.1 1322.5 1348.9 1357.8 1372.8 1386.6 6
General government; property income (received) FA366150105 223.0 221.4 209.0 215.3 195.9 209.0 200.0 214.1 213.0 7
General government; other current transfers received FA366403105 768.7 778.0 802.5 792.5 764.6 792.3 794.5 832.1 790.9 8
General government; operating surplus, net FA366402105 -2.3 -4.9 -12.0 -5.4 -8.2 -10.8 -12.9 -13.0 -11.2 9
General government; current expenditures FA366900015 6808.3 6997.5 7312.8 7006.6 7111.1 7192.6 7273.1 7355.9 7429.8 10
General government; consumption expenditures FA366901005 2659.5 2731.3 2843.8 2732.1 2765.9 2797.0 2831.0 2864.0 2883.2 11
General government; social contributions paid FA366404005 2738.3 2825.8 2943.1 2842.2 2854.1 2898.6 2928.4 2958.6 2987.0 12
General government; other current transfers paid FA366403005 611.7 611.7 635.2 615.8 619.1 627.9 640.0 641.0 631.8 13
General government; interest paid FA366130005 736.9 767.5 824.5 753.3 807.8 808.5 814.6 832.2 842.5 14
General government; subsidies paid FA366402005 61.8 61.3 66.3 63.0 64.2 60.5 59.2 60.0 85.3 15
General government; net saving including net capital transfers paid FA366006005 -910.9 -954.5 -1223.1 -915.3 -1048.5 -1200.2 -1236.1 -1192.1 -1264.0 16
General government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA366300005 527.0 541.5 561.3 543.8 547.5 552.3 559.3 564.3 569.2 17
Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability (2) FA313154015 -2.0 -2.1 -2.0 -2.4 -1.1 -2.4 -1.5 -2.5 -1.7 18
General government; net capital transfers paid excluding payments under the financial stabilization program (3) FA365440095 -18.6 -252.6 -16.4 49.0 -1021.0 -21.5 -20.0 -3.2 -21.0 19
General government; gross saving less net capital transfers paid FA366000105 -363.4 -158.2 -643.3 -418.0 521.2 -624.0 -655.3 -622.0 -672.0 20
General government; gross investment FA365090005 -259.7 -75.5 -561.2 -223.0 1218.1 -1195.5 -511.7 -294.3 -243.1 21
General government; gross fixed investment FA365019005 631.5 643.2 678.7 640.2 653.2 659.8 675.6 686.5 692.8 22
General government; acquisition of nonproduced nonfinancial assets (net) FA365420005 4.4 11.3 13.8 6.3 13.2 13.5 13.6 14.0 14.1 23
General government; net lending (+) or borrowing (-) (financial account) FA365000005 -895.5 -730.0 -1253.6 -869.4 551.8 -1868.8 -1200.9 -994.7 -950.0 24
General government; total financial assets FA364090005 311.2 205.6 296.7 159.2 1349.2 319.7 461.7 609.3 -203.8 25
Federal government; U.S. official reserve assets FA313011005 2.2 -1.7 6.0 -0.3 -6.1 -0.1 12.5 -0.9 12.6 26
General government; checkable deposits and currency; asset FA363020005 69.9 -159.5 170.3 -9.7 16.5 449.3 172.7 273.1 -213.6 27
General government; total time and savings deposits; asset FA363030005 6.4 14.9 9.9 23.3 41.8 -3.0 0.9 27.8 13.9 28
State and local governments, excluding employee retirement funds; money market fund shares; asset FA213034003 5.4 1.8 1.3 4.5 4.0 -1.8 0.9 1.5 4.6 29
State and local governments, excluding employee retirement funds; security repurchase agreements; asset FA212051003 1.3 -3.3 -1.4 -3.6 5.0 -16.3 6.7 10.6 -6.5 30
General government; debt securities; asset FA364022005 34.0 -31.6 -1.2 -35.2 78.2 -103.1 107.4 85.5 -94.6 31
State and local governments, excluding employee retirement funds; commercial paper; asset FA213069103 -2.4 -1.6 -0.7 -1.7 2.4 -7.7 3.2 5.0 -3.1 32
State and local governments, excluding employee retirement funds; Treasury securities, including SLGS; asset FA213061105 37.6 -30.2 0.8 -37.1 53.3 -42.0 74.2 32.8 -61.9 33
General government; agency- and GSE-backed securities; asset FA363061705 -3.0 4.7 0.6 8.6 15.7 -31.1 21.0 33.2 -20.6 34
State and local governments, excluding employee retirement funds; municipal securities; asset FA213062003 0.1 -0.3 -0.1 -0.4 0.5 -1.7 0.7 1.1 -0.7 35
General government; corporate and foreign bonds; asset FA363063005 1.6 -4.2 -1.8 -4.6 6.3 -20.6 8.4 13.4 -8.3 36
General government; loans; asset FA364023005 105.3 94.4 102.5 106.6 96.8 68.1 126.0 115.3 100.8 37
General government; total mortgages; asset FA363065005 5.6 -3.2 1.4 2.5 10.4 -19.7 12.8 19.7 -7.1 38
Federal government; consumer credit, student loans; asset FA313066220 99.6 96.3 91.5 98.3 86.4 92.0 99.1 89.2 85.6 39
Federal government; other loans and advances; asset FA313069005 0.2 1.3 9.7 5.9 0.0 -4.2 14.2 6.4 22.3 40
General government; corporate equities; asset FA363064105 0.8 -2.4 3.0 -2.5 3.4 5.0 4.5 7.0 -4.4 41
State and local governments, excluding employee retirement funds; mutual fund shares; asset FA213064203 0.4 -1.1 -0.5 -1.3 1.7 -5.6 2.3 3.7 -2.3 42
General government; trade receivables; asset FA363070005 23.1 20.1 26.6 37.0 20.7 8.0 36.4 48.5 13.3 43
General government; taxes receivable; asset FA363078005 47.9 266.2 -31.1 32.0 1063.2 -75.5 -28.4 14.0 -34.6 44
General government; total miscellaneous assets FA363090005 14.4 7.9 11.2 8.3 23.7 -5.3 19.8 23.2 7.1 45
General government; total liabilities FA364190005 1206.8 935.6 1550.3 1028.6 797.4 2188.5 1662.6 1604.0 746.3 46
Federal government; special drawing rights (SDRs) allocations; liability FA313111303 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 47
Monetary authority; SDR certificates issued by federal government; asset FA713014003 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 48
Federal government; Treasury currency; liability FA313112003 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 49
General government; debt securities; liability FA364122005 874.1 444.0 1355.8 1615.6 -231.9 2737.0 1173.5 1138.4 374.4 50
Federal government; Treasury securities; liability FA313161105 842.8 447.0 1411.2 1636.1 -339.8 2827.3 1190.6 1183.2 443.8 51
Federal government; budget agency securities; liability FA313161705 -0.1 -0.1 -1.5 -0.1 0.1 1.1 -4.6 -2.8 0.5 52
State and local governments, excluding employee retirement funds; municipal securities; liability FA213162005 31.5 -2.9 -54.0 -20.4 107.8 -91.4 -12.6 -42.1 -69.9 53
General government; loans; liability FA364123005 0.9 152.1 -150.8 -517.2 559.2 -605.9 0.9 1.2 0.7 54
Federal government; multifamily residential mortgages; liability FA313165403 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 55
General government; other loans and advances; liability FA363169005 0.9 152.1 -150.8 -517.2 559.2 -605.9 0.9 1.2 0.7 56
General government; trade payables; liability FA363170005 72.4 68.0 71.5 76.7 83.8 65.7 59.9 76.1 84.2 57
Federal government; life insurance reserves; liability FA313140003 0.1 -0.2 0.2 0.6 0.3 0.4 -0.6 0.7 0.3 58
General government; total miscellaneous liabilities FA363190005 259.1 271.6 273.7 -147.1 386.0 -8.7 428.9 387.6 286.8 59
General government; sector discrepancy FA367005005 -103.7 -82.7 -82.2 -195.0 -696.9 571.5 -143.6 -327.7 -428.9 60
General government (consolidated); total financial assets (4) FA374090005 272.5 235.7 295.2 196.3 1294.7 362.5 386.0 574.2 -141.9 61
General government (consolidated); total liabilities (4) FA374190005 1168.1 965.7 1548.8 1065.8 742.9 2231.3 1586.9 1568.9 808.2 62


NOTES

  1. Sum of the federal government and state and local governments sectors.
  2. Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves. Saving transferred to the households and nonprofit organizations sector. Includes value of Treasury and agency- and GSE-backed securities held by state and local government employee retirement funds.
  3. Table F.5, line 63 less line 12.
  4. Excludes Treasury securities and municipal securities held by state and local governments (lines 33 and 35) and federal government loans to state and local governments (line 56).
Last Update: March 7, 2019