Financial Accounts of the United States - Z.1
F.225.b Miscellaneous other equity
Billions of dollars; quarterly figures are seasonally adjusted annual rates
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Net issues | FA893194905 | 125.7 | 158.9 | 68.8 | 309.4 | 35.9 | 369.7 | -128.3 | 93.5 | -59.6 |
| Proprietors' Equity in Noncorporate Business: | |||||||||||
| Line 2 | Households (assets) | FA152090205 | 69.6 | 91.5 | -18.2 | 82.3 | 49.6 | 78.6 | -123.4 | 13.8 | -41.8 |
| Line 3 | Nonfinancial corporate business (liabilities) | FA112090205 | 55.6 | 74.7 | -48.6 | 66.9 | 14.7 | 32.4 | -127.2 | -5.8 | -93.7 |
| Line 4 | Brokers and dealers (liabilities) | FA662090003 | 14.1 | 16.8 | 30.4 | 15.4 | 34.9 | 46.2 | 3.8 | 19.6 | 51.9 |
| Federal government equity in IBRD, etc.: | |||||||||||
| Line 5 | Rest of the world (liabilities) | FA313092803 | 1.8 | 2.2 | 4.0 | 1.8 | 0.0 | 0.4 | 5.9 | 0.8 | 9.1 |
| Line 6 | Federal government (assets) | FA313092803 | 1.8 | 2.2 | 4.0 | 1.8 | 0.0 | 0.4 | 5.9 | 0.8 | 9.1 |
| Federal Reserve Bank stock: | |||||||||||
| Line 7 | Monetary authority (liabilities) | FA713164003 | 1.1 | 1.1 | 2.0 | 0.6 | 2.1 | 1.0 | 5.3 | 0.8 | 0.7 |
| Line 8 | U.S.-chartered depository institutions (assets) | FA713164003 | 1.1 | 1.1 | 2.0 | 0.6 | 2.1 | 1.0 | 5.3 | 0.8 | 0.7 |
| Equity in government-sponsored enterprises: | |||||||||||
| Line 9 | Government-sponsored enterprises (liabilities) | FA403192405 | 4.1 | -0.8 | 0.3 | -4.3 | 1.8 | -6.9 | 10.0 | -7.7 | 5.9 |
| Line 10 | Nonfin. corporate business (assets) | FA103092405 | 0.2 | 0.2 | 0.1 | -0.1 | 0.3 | 0.5 | -0.2 | -0.2 | 0.3 |
| Line 11 | Nonfinancial noncorporate (assets) | FA113092405 | 3.2 | 0.8 | 0.6 | -0.4 | 2.1 | -1.3 | 1.1 | 1.0 | 1.7 |
| Line 12 | Federal government (assets) | FA313092403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 13 | U.S.-chartered depository institutions (assets) | FA763092405 | 0.0 | -4.1 | -2.6 | -7.0 | -3.3 | -7.4 | 6.5 | -9.7 | 0.3 |
| Line 14 | Credit unions (assets) | FA473092403 | -0.1 | 0.6 | 0.1 | 1.4 | 0.9 | -0.3 | 0.6 | -0.5 | 0.6 |
| Line 15 | Property-casualty insurance companies (assets) | FA513092403 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | -0.1 | 0.1 | 0.0 | -0.1 |
| Line 16 | Life insurance companies (assets) | FA543092473 | 0.8 | 1.8 | 2.1 | 1.8 | 1.8 | 1.7 | 2.0 | 1.7 | 3.0 |
| Line 17 | Finance companies (assets) | FA613092403 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.0 | -0.0 | 0.0 | 0.0 |
| Line 18 | Mortgage REITs (assets) | FA643092473 | -0.0 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Holding company equity investment in affiliates: | |||||||||||
| Line 19 | Holding companies (assets) | FA733094635 | 50.8 | 85.3 | 57.3 | 215.3 | 65.8 | 200.3 | -18.1 | 83.9 | -36.8 |
| Line 20 | U.S.-chartered depository institutions (liabilities) | FA763194603 | 110.1 | 115.7 | 172.2 | 282.3 | -72.5 | 208.6 | 254.5 | 148.1 | 77.4 |
| Line 21 | Property-casualty insurance companies (liabilities) | FA513194603 | 0.1 | -0.3 | 0.0 | 0.1 | -0.4 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 22 | Life insurance companies (liabilities) | FA543194603 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 23 | Brokers and dealers (liabilities) | FA663194605 | -59.3 | -30.2 | -114.8 | -67.0 | 138.6 | -8.3 | -272.6 | -64.2 | -114.3 |
| Other financial business investment in affiliates: | |||||||||||
| Line 24 | Other financial business (assets) | FA503094505 | 6.2 | -16.5 | 26.0 | 13.7 | -77.3 | 96.3 | -2.3 | -1.0 | 10.8 |
| Line 25 | Foreign banking offices in U.S. (liabilities) | FA753194503 | 6.2 | -16.5 | 26.0 | 13.7 | -77.3 | 96.3 | -2.3 | -1.0 | 10.8 |
| Line 26 | Brokers and dealers (liabilities) | FA663194505 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Federal gov't investment in Federal Reserve facilities: | |||||||||||
| Line 27 | Federal government (assets) | FA313094205 | -8.0 | -3.9 | -2.6 | 0.0 | -6.2 | 0.0 | -5.7 | 2.7 | -7.5 |
| Line 28 | Monetary authority (liabilities) | FA313094213 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 29 | Other financial business (liabilities) | FA503194205 | -8.0 | -3.9 | -2.6 | 0.0 | -6.2 | 0.0 | -5.7 | 2.7 | -7.5 |
| Equity investment under Public-Private Inv. Program: | |||||||||||
| Line 30 | Other financial business (liabilities) | FA503194305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 31 | Households (assets)1 | FA153094305 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 32 | Federal government (assets) | FA313094303 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Note:
- Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
Last Update: 2026-03-19