Financial Accounts of the United States - Z.1
F.230 Trade Credit
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2022 | 2023 | 2024 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; trade payables; liability | FA893170005 | 585.2 | 573.0 | 363.8 | 514.0 | 422.6 | 621.4 | 925.7 | 586.3 | 635.8 | 1 |
| Nonprofit organizations; trade payables; liability (1) | FA163170005 | 10.8 | 19.3 | 17.9 | 17.9 | 17.9 | 17.9 | 17.2 | 17.2 | 17.2 | 2 |
| Nonfinancial corporate business; trade payables; liability | FA103170005 | 400.9 | 257.0 | 103.9 | 252.1 | 147.0 | 324.2 | 725.4 | 338.0 | 338.4 | 3 |
| Nonfinancial noncorporate business; trade payables; liability | FA113170005 | 89.9 | 23.1 | 26.6 | 25.4 | 21.5 | 30.6 | 17.9 | 29.2 | 25.6 | 4 |
| Federal government; trade payables; liability | FA313170005 | -9.7 | 84.9 | 31.4 | 48.6 | 35.6 | 68.3 | 39.6 | 59.5 | 67.9 | 5 |
| State and local governments; trade payables; liability | FA213170003 | 66.4 | 69.4 | 72.9 | 72.4 | 73.3 | 73.8 | 75.0 | 75.5 | 77.1 | 6 |
| Property-casualty insurance companies; trade payables to reinsurers; liability | FA513170005 | 15.1 | 22.0 | -15.0 | -15.0 | -15.0 | -15.0 | 12.9 | 7.7 | 7.7 | 7 |
| Life insurance companies; trade payables to insurers; liability | FA543170005 | 16.3 | 93.3 | 116.2 | 116.2 | 116.2 | 116.2 | 22.3 | 61.4 | 73.5 | 8 |
| Security brokers and dealers; trade payables; liability | FA663170003 | -2.4 | -1.6 | 4.6 | -9.0 | 11.0 | 5.2 | 14.1 | -2.1 | 1.1 | 9 |
| Rest of the world; trade credit and advances; liability | FA263170005 | -2.2 | 5.5 | 5.3 | 5.4 | 15.2 | 0.2 | 1.3 | -0.1 | 27.2 | 10 |
| All sectors; trade receivables; asset | FA893070005 | 743.9 | 602.9 | 333.0 | 704.1 | 207.5 | 644.6 | 782.7 | 753.5 | 537.1 | 11 |
| Nonprofit organizations; grants and trade receivables; asset (1) | FA163070005 | 33.3 | 36.9 | 36.5 | 36.5 | 36.5 | 36.5 | 36.1 | 36.1 | 36.1 | 12 |
| Nonfinancial corporate business; trade receivables; asset | FA103070005 | 462.5 | 332.2 | 88.2 | 462.4 | -24.2 | 414.7 | 569.0 | 526.8 | 351.8 | 13 |
| Nonfinancial noncorporate business; trade receivables; asset | FA113070003 | 143.2 | 28.5 | 29.7 | 24.7 | 32.1 | 37.0 | 30.5 | 19.5 | 36.8 | 14 |
| Federal government; trade receivables; asset | FA313070000 | -0.1 | 12.8 | 9.1 | 3.5 | 21.0 | 0.3 | 4.8 | 19.9 | -18.0 | 15 |
| State and local governments; trade receivables; asset | FA213070003 | 34.4 | 19.6 | 9.1 | 23.7 | 23.0 | 21.5 | 40.1 | 29.6 | 36.8 | 16 |
| Property-casualty insurance companies; trade receivables, including receivables for claims from reinsurers; asset | FA513070005 | 26.3 | 44.6 | -6.3 | -0.8 | -14.0 | -40.0 | 55.9 | 16.4 | 5.1 | 17 |
| Life insurance companies; trade receivables from insurers; liability | FA543070005 | -3.9 | 8.2 | 6.7 | 6.7 | 6.7 | 6.7 | 2.0 | 17.8 | 17.2 | 18 |
| Issuers of asset-backed securities; trade receivables; asset | FA673070003 | 3.8 | 3.8 | 4.1 | 7.4 | 0.9 | 8.8 | 5.3 | 12.6 | 0.8 | 19 |
| Rest of the world; trade receivables; asset | FA263070005 | 44.4 | 116.3 | 155.7 | 140.0 | 125.5 | 159.0 | 38.9 | 74.7 | 70.4 | 20 |
| Instrument discrepancies; trade receivables | FA903070005 | -158.7 | -29.9 | 30.9 | -190.1 | 215.1 | -23.3 | 143.0 | -167.1 | 98.7 | 21 |
NOTES
- Included in the households and nonprofit organizations sector (table F.101).
Last Update: January 9, 2026