L.230 Trade credit

Billions of dollars; amounts outstanding end of period, not seasonally adjusted

Line Description Series 2023 2024 2025 2024:Q3 2024:Q4 2025:Q1 2025:Q2 2025:Q3 2025:Q4
Line 1 Total trade payables FL893170005 7805.9 8169.5 8869.2 8028.3 8169.5 8366.9 8539.9 8737.2 8869.2
Line 2 Nonprofit organizations1 FL163170005 496.9 514.8 532.0 510.3 514.8 519.1 523.4 527.7 532.0
Line 3 Nonfinancial corporate business FL103170005 3852.2 3956.1 4392.2 3884.1 3956.1 4094.3 4193.9 4315.6 4392.2
Line 4 Nonfinancial noncorporate business FL113170005 856.1 882.6 914.9 877.7 882.6 889.0 900.1 910.2 914.9
Line 5 Federal government FL313170005 583.6 615.0 675.0 600.1 615.0 630.6 647.4 659.2 675.0
Line 6 State and local governments FL213170003 1299.4 1372.3 1448.7 1353.9 1372.3 1391.1 1409.9 1429.2 1448.7
Line 7 Property-casualty insurance companies FL513170005 146.7 131.6 139.0 135.4 131.6 134.9 136.8 138.7 139.0
Line 8 Life insurance companies FL543170005 464.6 580.9 634.5 551.8 580.9 587.8 608.7 630.7 634.5
Line 9 Brokers and dealers FL663170003 18.5 23.1 27.6 21.8 23.1 26.6 26.1 26.3 27.6
Line 10 Rest of the world LM263170005 88.0 93.1 105.5 93.2 93.1 93.5 93.7 99.4 105.5
Line 11 Total trade receivables FL893070005 8451.0 8783.8 9450.6 8626.5 8783.8 9000.3 9172.7 9317.7 9450.6
Line 12 Nonprofit organizations1 FL163070005 414.5 451.0 487.1 441.9 451.0 460.1 469.1 478.1 487.1
Line 13 Nonfinancial corporate business FL103070005 5244.7 5333.0 5794.8 5229.9 5333.0 5495.0 5602.3 5690.3 5794.8
Line 14 Nonfinancial noncorporate business FL113070003 1191.6 1221.4 1255.2 1212.1 1221.4 1229.0 1233.9 1243.1 1255.2
Line 15 Federal government FL313070000 108.2 117.3 118.9 120.4 117.3 118.1 125.4 122.6 118.9
Line 16 State and local governments FL213070003 329.6 338.7 371.5 333.3 338.7 348.8 356.6 365.8 371.5
Line 17 Property-casualty insurance companies FL513070005 304.3 298.0 312.8 308.0 298.0 312.0 316.1 317.4 312.8
Line 18 Life insurance companies FL543070005 144.7 151.5 163.2 149.8 151.5 152.1 157.5 162.5 163.2
Line 19 ABS issuers FL673070003 45.7 49.9 58.1 47.7 49.9 51.2 54.3 54.5 58.1
Line 20 Rest of the world LM263070005 667.5 823.0 888.8 783.4 823.0 834.0 857.5 883.3 888.8
Line 21 Discrepancy FL903070005 -645.1 -614.3 -581.3 -598.2 -614.3 -633.4 -632.8 -580.5 -581.3

Note:

  1. Included in the households and nonprofit organizations sector (tables L.101 and B.101).

Last Update: 2026-03-19