Financial Accounts of the United States - Z.1
F.7 Sector Discrepancies
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; sector discrepancy | FA897005005 | -290.5 | -144.7 | -632.3 | -247.4 | -792.8 | -1745.6 | 256.6 | -2402.5 | 37.9 | 1 |
| Households and nonprofit organizations; sector discrepancy | FA157005005 | -537.1 | -635.3 | -1163.7 | -1169.2 | -929.3 | -1897.7 | -658.5 | -1897.7 | 327.0 | 2 |
| Nonfinancial corporate business; sector discrepancy | FA107005005 | -87.7 | 69.4 | 307.8 | 816.0 | 64.7 | 128.4 | 221.9 | -302.6 | 581.1 | 3 |
| Federal government; sector discrepancy | FA317005005 | 27.8 | 361.3 | -47.2 | 47.0 | -607.4 | 96.9 | 274.7 | 227.5 | -852.4 | 4 |
| State and local governments; sector discrepancy | FA217005005 | 29.7 | 28.3 | 12.8 | 14.8 | -43.4 | -25.1 | 105.1 | 62.4 | -28.8 | 5 |
| Domestic financial sectors; sector discrepancy | FA797005005 | -261.8 | 154.7 | 45.8 | -287.4 | -162.7 | 271.0 | 362.4 | -1110.7 | -45.4 | 6 |
| Monetary authority; sector discrepancy | FA717005005 | -17.8 | -118.8 | -95.9 | -95.6 | -96.3 | -96.2 | -95.5 | -96.1 | -96.3 | 7 |
| U.S.-chartered depository institutions; sector discrepancy | FA767005005 | -217.8 | 89.8 | 107.6 | -299.4 | 224.7 | 199.3 | 305.8 | -386.0 | 305.2 | 8 |
| Foreign banking offices in the U.S.; sector discrepancy | FA757005005 | 30.4 | 27.8 | 26.8 | 68.9 | 16.4 | -14.6 | 36.7 | -127.3 | -35.6 | 9 |
| Banks in U.S.-affiliated areas; sector discrepancy | FA747005005 | -6.8 | 2.1 | -0.7 | -2.8 | -1.8 | 13.3 | -11.3 | 6.5 | 7.1 | 10 |
| Credit unions; sector discrepancy | FA477005005 | -28.2 | 24.0 | 12.5 | 33.7 | -14.1 | 22.9 | 7.6 | 37.1 | -8.1 | 11 |
| Property-casualty insurance companies; sector discrepancy | FA517005005 | -48.5 | 98.5 | 47.4 | 135.8 | -34.5 | 12.6 | 75.9 | -215.0 | -33.5 | 12 |
| Life insurance companies; sector discrepancy | FA547005005 | -141.9 | -33.8 | -70.7 | 26.0 | -128.8 | -101.1 | -78.7 | -142.1 | 26.2 | 13 |
| Mutual funds; sector discrepancy | FA657005005 | 101.8 | 110.0 | 119.4 | 119.4 | 119.4 | 119.4 | 119.4 | 119.4 | 119.4 | 14 |
| Government-sponsored enterprises; sector discrepancy | FA407005005 | -111.8 | -12.4 | -53.7 | -199.9 | -104.2 | 169.0 | -79.8 | -210.1 | -76.2 | 15 |
| Issuers of asset-backed securities; sector discrepancy | FA677005005 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 16 |
| Finance companies; sector discrepancy | FA617005005 | 9.1 | 59.4 | 34.6 | 19.2 | 30.1 | 77.6 | 11.6 | 100.2 | 23.1 | 17 |
| Mortgage real estate investment trusts; sector discrepancy | FA647005005 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 18 |
| Security brokers and dealers; sector discrepancy | FA667005005 | 68.0 | -2.6 | 2.9 | -108.7 | -76.3 | 35.4 | 161.2 | -39.5 | -213.5 | 19 |
| Holding companies; sector discrepancy | FA737005005 | 101.7 | -89.3 | -84.5 | 16.1 | -97.2 | -166.5 | -90.4 | -157.6 | -63.2 | 20 |
| Rest of the world; sector discrepancy (FOF basis) | FA267005005 | 538.6 | -123.0 | 212.2 | 331.5 | 885.4 | -319.1 | -49.0 | 618.5 | 56.5 | 21 |
Last Update: September 11, 2025