F.105 General Government (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2017 2018 2019 2019 Q1 2019 Q2 2019 Q3 2019 Q4 2020 Q1 2020 Q2 Line
General government; current receipts, NIPA basis FA366010115 6039.5 6210.8 6454.1 6368.7 6476.8 6451.3 6519.6 6538.0 6957.7 1
General government; personal current taxes FA366210005 2046.7 2085.3 2202.9 2170.7 2222.5 2197.1 2221.2 2252.4 2095.3 2
General government; taxes on production and imports, receivable (IMA) FA366240005 1364.0 1444.8 1491.4 1473.8 1480.7 1501.6 1509.6 1530.0 1432.5 3
General government; taxes on corporate income (accrual basis) FA366231005 299.6 271.0 286.8 282.3 292.9 271.4 300.8 243.2 227.8 4
Federal government; taxes from the rest of the world FA316231061 24.5 26.3 27.7 27.1 27.8 27.9 27.9 29.1 26.7 5
General government; contributions for government social insurance received FA366601005 1303.7 1365.6 1424.0 1413.9 1419.9 1424.1 1438.1 1456.8 1385.3 6
General government; property income (received) FA366150105 229.9 217.3 208.1 206.5 218.6 198.4 208.8 210.6 211.4 7
General government; other current transfers received FA366403105 776.4 806.4 820.9 801.4 822.1 838.8 821.1 828.7 1601.6 8
General government; operating surplus, net FA366402105 -5.3 -5.8 -7.6 -6.9 -7.7 -8.0 -7.9 -12.8 -22.8 9
General government; current expenditures FA366900015 7000.8 7356.1 7708.8 7598.2 7685.0 7755.2 7796.9 7891.5 12100.3 10
General government; consumption expenditures FA366901005 2742.7 2891.3 2995.1 2950.8 2987.7 3009.2 3032.5 3046.0 3052.1 11
General government; social contributions paid FA366404005 2828.0 2945.7 3102.0 3061.1 3094.8 3119.1 3133.1 3214.5 5670.6 12
General government; other current transfers paid FA366403005 605.8 634.0 658.5 646.5 658.9 660.8 667.7 682.3 1445.0 13
General government; interest paid FA366130005 764.4 821.8 879.4 868.4 882.5 884.1 882.4 873.7 845.8 14
General government; subsidies paid FA366402005 59.9 63.3 73.9 71.3 61.1 82.0 81.1 75.1 1086.8 15
General government; net saving including net capital transfers paid FA366006005 -961.3 -1145.4 -1254.7 -1229.5 -1208.2 -1303.9 -1277.3 -1353.5 -5142.6 16
General government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA366300005 543.2 566.1 588.3 580.3 585.8 591.4 595.6 600.3 604.2 17
Federal government; life insurance and pension fund reserves, adjustment to convert NIPA to FOF savings; liability (2) FA313154015 -2.1 -2.0 -2.1 -3.1 -1.0 -2.1 -2.1 -3.6 -4.4 18
General government; net capital transfers paid excluding payments under the financial stabilization program (3) FA365440095 -253.9 -12.7 -7.7 -5.8 -10.3 -9.8 -4.7 -2.5 -15.0 19
General government; gross saving less net capital transfers paid FA366000105 -162.0 -564.6 -656.7 -640.3 -611.1 -700.6 -674.8 -747.2 -4519.0 20
General government; gross investment FA365090005 -68.9 -490.1 -648.9 -1380.1 -589.2 -290.0 -336.2 -897.2 -4682.1 21
General government; gross fixed investment FA365019005 664.3 703.9 752.8 730.7 749.9 757.9 772.8 788.1 790.3 22
General government; acquisition of nonproduced nonfinancial assets (net) FA365420005 11.9 15.4 14.1 10.2 14.8 15.1 16.3 17.9 24.1 23
General government; net lending (+) or borrowing (-) (financial account) FA365000005 -745.1 -1209.4 -1415.8 -2121.0 -1354.0 -1063.0 -1125.3 -1703.2 -5496.5 24
General government; total financial assets FA364090005 143.1 292.6 136.1 41.4 -577.0 672.4 407.7 345.8 7003.9 25
Federal government; U.S. official reserve assets FA313011005 -1.7 5.0 4.6 0.8 9.3 7.4 0.8 -1.0 19.8 26
General government; checkable deposits and currency; asset FA363020005 -172.6 165.9 7.2 -80.8 -282.1 433.3 -41.6 658.2 4953.1 27
General government; total time and savings deposits; asset FA363030005 14.5 8.0 20.0 28.2 27.1 14.8 10.0 53.0 18.4 28
State and local governments; money market fund shares; asset FA213034003 0.3 -2.1 6.8 3.5 5.9 9.3 8.3 20.6 8.7 29
State and local governments; security repurchase agreements; asset FA212051003 1.6 -5.5 3.2 2.7 -24.2 13.7 20.6 -32.4 3.3 30
General government; debt securities; asset FA364022005 -8.9 -51.7 -20.3 -86.4 -373.3 83.3 295.2 -285.4 611.5 31
State and local governments; commercial paper; asset FA213069103 0.8 -2.6 1.5 1.3 -11.5 6.5 9.8 -15.4 5.3 32
State and local governments; Treasury securities, including SLGS; asset FA213061105 -11.0 -39.0 -0.8 -41.2 -193.8 47.3 184.6 -198.1 417.7 33
General government; agency- and GSE-backed securities; asset FA363061705 3.1 -15.3 -6.6 -17.5 -108.5 25.4 74.0 -67.8 92.9 34
State and local governments; municipal securities; asset FA213062003 -0.2 -0.2 -0.4 -1.0 -3.4 0.8 2.2 -2.4 4.2 35
General government; corporate and foreign bonds; asset FA363063005 -1.6 5.4 -14.1 -27.9 -56.1 3.2 24.5 -1.6 91.4 36
General government; loans; asset FA364023005 98.7 90.6 98.8 113.8 46.8 121.4 113.2 25.0 550.9 37
General government; total mortgages; asset FA363065005 3.1 -5.1 5.8 7.4 -50.7 32.9 33.8 -44.6 19.2 38
Federal government; consumer credit, student loans; asset FA313066220 96.3 90.7 83.0 87.8 91.5 87.9 64.8 83.7 76.9 39
Federal government; other loans and advances; asset FA313069005 -0.7 5.0 10.0 18.6 6.0 0.7 14.6 -14.0 454.8 40
General government; corporate equities; asset FA363064105 -3.5 0.6 -3.4 -3.4 -3.4 -3.4 -3.4 -3.4 -3.4 41
State and local governments; mutual fund shares; asset FA213064203 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 1.2 42
General government; trade receivables; asset FA363070005 6.3 38.0 8.8 3.9 19.0 11.3 0.8 -18.4 -35.1 43
General government; taxes receivable; asset FA363078005 225.5 22.3 -15.4 -3.8 -39.1 -50.0 31.3 -29.6 373.5 44
General government; total miscellaneous assets FA363090005 -18.2 20.3 24.7 61.7 35.7 30.0 -28.8 -42.1 502.1 45
General government; total liabilities FA364190005 888.3 1502.0 1551.9 2162.4 776.9 1735.4 1533.0 2049.0 12500.4 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 446.5 1359.0 1183.8 825.2 512.3 2434.6 962.9 2194.1 11705.0 50
Federal government; Treasury securities; liability FA313161105 447.0 1411.2 1176.6 849.1 570.4 2410.8 876.1 2168.3 11598.7 51
Federal government; budget agency securities; liability FA313161705 -0.1 -1.5 -1.7 -3.0 -0.8 -2.2 -1.0 -0.1 -0.7 52
State and local governments; municipal securities; liability FA213162005 -0.4 -50.8 8.9 -20.9 -57.3 26.0 87.8 25.9 106.9 53
General government; loans; liability FA364123005 152.1 -150.6 16.9 862.2 6.7 -773.5 -27.9 -0.1 -62.2 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 152.1 -150.6 16.9 862.2 6.7 -773.5 -27.9 -0.1 -62.2 56
General government; trade payables; liability FA363170005 62.9 105.0 66.5 65.8 52.6 59.2 88.2 44.2 639.1 57
Federal government; life insurance reserves; liability FA313140003 -0.2 0.2 0.9 2.0 -0.4 1.6 0.3 -0.6 -0.0 58
General government; total miscellaneous liabilities FA363190005 226.9 188.4 283.9 407.1 205.7 13.5 509.4 -188.6 218.5 59
General government; sector discrepancy FA367005005 -93.1 -74.5 -7.8 739.8 -21.9 -410.6 -338.6 149.9 163.1 60
General government (consolidated); total financial assets (4) FA374090005 153.9 330.7 136.2 82.6 -380.8 623.2 219.8 545.8 6581.4 61
General government (consolidated); total liabilities (4) FA374190005 899.0 1540.1 1552.0 2203.6 973.1 1686.2 1345.1 2249.0 12077.8 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: September 21, 2020