Financial Accounts of the United States - Z.1
L.102 Nonfinancial Business (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial business; total financial assets | FL144090005 | 37258.5 | 40402.5 | 41903.9 | 40934.5 | 41121.0 | 41929.5 | 41903.9 | 42327.6 | 43899.3 | 1 |
| Nonfinancial business; checkable deposits and currency; asset | FL143020005 | 2480.8 | 2413.2 | 2725.6 | 2409.0 | 2504.6 | 2663.8 | 2725.6 | 2665.5 | 2724.7 | 2 |
| Nonfinancial business; total time and savings deposits; asset | FL143030005 | 1728.6 | 1896.6 | 1919.6 | 1903.3 | 1906.7 | 1897.8 | 1919.6 | 1892.3 | 1883.3 | 3 |
| Nonfinancial corporate business; private foreign deposits; asset | FL103091003 | 201.0 | 245.8 | 212.2 | 243.3 | 252.1 | 227.7 | 212.2 | 220.8 | 219.0 | 4 |
| Nonfinancial business; money market fund shares; asset | FL143034005 | 873.3 | 1012.3 | 1104.3 | 1012.3 | 1018.3 | 1054.3 | 1104.3 | 1122.7 | 1130.1 | 5 |
| Nonfinancial corporate business; security repurchase agreements; asset | FL102051003 | 30.1 | 27.0 | 43.8 | 34.4 | 28.3 | 32.1 | 43.8 | 54.2 | 49.7 | 6 |
| Nonfinancial business; debt securities; asset | LM144022005 | 467.9 | 487.9 | 495.4 | 496.3 | 486.4 | 507.3 | 495.4 | 505.8 | 502.2 | 7 |
| Nonfinancial corporate business; commercial paper; asset | FL103069100 | 216.9 | 209.8 | 203.1 | 218.7 | 232.3 | 218.1 | 203.1 | 212.1 | 204.2 | 8 |
| Nonfinancial business; Treasury securities; asset | LM143061105 | 171.5 | 196.0 | 209.4 | 196.0 | 180.2 | 206.5 | 209.4 | 211.8 | 215.3 | 9 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | LM103061703 | 29.7 | 37.1 | 40.9 | 37.0 | 31.6 | 40.2 | 40.9 | 39.5 | 40.6 | 10 |
| Nonfinancial business; municipal securities; asset | LM143062005 | 31.4 | 28.2 | 28.7 | 28.2 | 28.4 | 29.1 | 28.7 | 28.7 | 28.9 | 11 |
| Equity real estate investment trusts; corporate and foreign bonds; asset | LM123063003 | 18.5 | 16.8 | 13.4 | 16.4 | 13.9 | 13.4 | 13.4 | 13.7 | 13.3 | 12 |
| Nonfinancial business; loans; asset | FL144023005 | 172.5 | 196.4 | 201.8 | 196.7 | 200.1 | 200.7 | 201.8 | 202.2 | 202.3 | 13 |
| Nonfinancial business; total mortgages; asset | FL143065005 | 172.5 | 196.4 | 201.8 | 196.7 | 200.1 | 200.7 | 201.8 | 202.2 | 202.3 | 14 |
| Nonfinancial business; consumer credit; asset | FL143066005 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 15 |
| Nonfinancial corporate business; U.S. direct investment abroad: intercompany debt (market value) | LM103092305 | -84.4 | -56.4 | -62.5 | -54.8 | -85.2 | -111.4 | -62.5 | -9.4 | -12.8 | 16 |
| Nonfinancial corporate business; corporate equities; asset | LM103064103 | 2397.6 | 2913.8 | 3238.6 | 3130.7 | 3171.3 | 3259.8 | 3238.6 | 3005.9 | 3239.3 | 17 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | LM103092105 | 6666.3 | 7627.6 | 8105.3 | 8182.4 | 8177.5 | 8656.8 | 8105.3 | 8410.8 | 9426.2 | 18 |
| Nonfinancial business; equity in government-sponsored enterprises (GSEs); asset | FL143092405 | 16.8 | 20.2 | 21.2 | 20.1 | 20.8 | 20.6 | 21.2 | 21.0 | 21.2 | 19 |
| Nonfinancial corporate business; mutual fund shares; asset | LM103064203 | 318.9 | 325.2 | 404.5 | 355.8 | 370.4 | 400.4 | 404.5 | 407.8 | 450.1 | 20 |
| Nonfinancial business; trade receivables; asset | FL143070005 | 6075.7 | 6436.4 | 6553.8 | 6332.9 | 6440.0 | 6444.8 | 6553.8 | 6723.6 | 6840.0 | 21 |
| Nonfinancial business; total miscellaneous assets | FL143090005 | 15913.4 | 16856.3 | 16940.2 | 16672.0 | 16629.7 | 16674.7 | 16940.2 | 17104.4 | 17224.0 | 22 |
| Nonfinancial business; total liabilities and equity | FL144194005 | 107715.0 | 120994.4 | 135358.4 | 126791.4 | 129079.1 | 133216.1 | 135358.4 | 130812.1 | 139422.4 | 23 |
| Nonfinancial business; total liabilities | FL144190005 | 40066.2 | 41851.0 | 42607.4 | 41803.3 | 41962.7 | 42171.5 | 42607.4 | 43030.3 | 43377.4 | 24 |
| Nonfinancial corporate business; debt securities; liability | FL104122005 | 8012.6 | 8240.4 | 8502.8 | 8370.4 | 8426.0 | 8526.5 | 8502.8 | 8662.2 | 8653.8 | 25 |
| Nonfinancial corporate business; commercial paper; liability | FL103169100 | 197.6 | 218.0 | 196.3 | 232.4 | 211.9 | 192.0 | 196.3 | 235.9 | 254.2 | 26 |
| Nonfinancial corporate business; municipal securities; liability | FL103162000 | 622.9 | 621.6 | 634.6 | 626.5 | 633.5 | 635.7 | 634.6 | 641.0 | 650.9 | 27 |
| Nonfinancial corporate business; corporate bonds; liability | FL103163005 | 7192.1 | 7400.9 | 7671.9 | 7511.5 | 7580.6 | 7698.8 | 7671.9 | 7785.3 | 7748.8 | 28 |
| Nonfinancial business; loans; liability | FL144123005 | 12622.5 | 12797.8 | 13053.9 | 12869.9 | 12990.6 | 13066.4 | 13053.9 | 13084.9 | 13209.0 | 29 |
| Nonfinancial business; depository institution loans n.e.c.; liability | FL143168005 | 2969.5 | 2947.4 | 2869.7 | 2948.0 | 2975.5 | 2960.1 | 2869.7 | 2803.6 | 2830.9 | 30 |
| Nonfinancial business; other loans and advances; liability | FL143169005 | 3084.1 | 3043.7 | 3175.8 | 3060.0 | 3117.3 | 3146.4 | 3175.8 | 3224.6 | 3262.5 | 31 |
| Nonfinancial business; total mortgages; liability | FL143165005 | 6568.9 | 6806.8 | 7008.5 | 6861.9 | 6897.9 | 6960.0 | 7008.5 | 7056.6 | 7115.6 | 32 |
| Nonfinancial business; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM143192305 | 353.2 | 318.7 | 357.2 | 329.1 | 365.5 | 364.4 | 357.2 | 339.2 | 316.5 | 33 |
| Nonfinancial business; trade payables; liability | FL143170005 | 4426.9 | 4707.0 | 4832.1 | 4594.0 | 4678.6 | 4754.6 | 4832.1 | 4975.0 | 5090.6 | 34 |
| Nonfinancial business; taxes payable; liability | FL143178005 | 495.3 | 489.0 | 486.0 | 519.5 | 476.0 | 480.3 | 486.0 | 586.8 | 475.9 | 35 |
| Nonfinancial business; total miscellaneous liabilities | FL143190005 | 14155.6 | 15298.1 | 15375.4 | 15120.3 | 15026.0 | 14979.3 | 15375.4 | 15382.3 | 15631.6 | 36 |
| Nonfinancial business; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FL143181105 | 67648.8 | 79143.3 | 92750.9 | 84988.1 | 87116.4 | 91044.6 | 92750.9 | 87781.8 | 96045.0 | 37 |
| Nonfinancial corporate business; corporate equities; liability | LM103164105 | 42485.6 | 52200.1 | 63187.6 | 57133.4 | 58607.2 | 61817.3 | 63187.6 | 59005.4 | 65714.9 | 38 |
| Nonfinancial business; foreign direct investment in U.S.; liability (market value) | LM143192105 | 9243.4 | 11519.5 | 14102.2 | 12625.6 | 13112.3 | 13822.5 | 14102.2 | 13405.3 | 14958.8 | 39 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business | LM112090205 | 15919.8 | 15423.7 | 15461.1 | 15229.1 | 15397.0 | 15404.9 | 15461.1 | 15371.1 | 15371.2 | 40 |
NOTES
- Sum of nonfinancial corporate business and nonfinancial noncorporate business.
Last Update: September 11, 2025