Professional Documents
Culture Documents
, eastern time
September 25, 2013
Z.1
Financial Accounts
of the United States
Flow of Funds, Balance Sheets,
and Integrated Macroeconomic Accounts
Household
net worth1
Total
Households
Business
State and
local govts.
Federal
2003
49,503
8.0
11.8
2.2
8.3
10.9
2004
56,574
9.3
11.1
6.7
11.4
9.0
2005
62,786
9.3
11.2
9.0
5.8
7.0
2006
67,386
8.7
10.0
11.0
3.9
3.9
2007
67,919
8.5
6.7
13.6
5.5
4.9
2008
57,214
5.9
0.0
6.3
0.6
24.2
2009
58,920
3.1
-1.7
-2.2
4.0
22.7
2010
63,308
4.1
-2.5
1.5
2.3
20.2
2011
64,697
3.7
-1.4
4.8
-1.7
11.4
2012
70,641
4.9
0.2
6.0
-0.2
10.9
Q2
65,247
2.7
-2.6
5.6
-2.7
8.0
Q3
62,889
4.7
-1.0
4.2
-0.3
14.4
Q4
64,697
4.6
-0.1
5.1
-1.6
12.1
Q1
67,062
4.7
-1.1
4.4
0.4
13.5
Q2
67,131
5.3
1.4
4.9
2.9
11.0
Q3
69,336
3.0
-1.6
5.1
-0.2
7.1
Q4
70,641
6.2
2.1
9.1
-3.8
10.4
Q1
73,479
4.5
-0.5
4.9
2.4
10.1
Q2
74,821
3.1
0.2
6.9
1.1
2.5
2011:
2012:
2013:
1. Shown on table B.100, which includes nonprofit organizations. Billions of dollars; amounts outstanding end of period, not
seasonally adjusted
2. Percentage changes shown on an end-of-period basis; quarterly data are seasonally adjusted annual rates
ii
iii
Release Highlights
Second Quarter 2013
Topic
Description
Student loans
The consumer credit tables (tables F.222 and L.222) have been
expanded to include additional detail on student loans.
Nonprofit organizations (which are in the households and
nonprofit organizations sector) are now shown as a provider of
student loans. In addition, a memo item has been added that
breaks consumer credit down into four categories: credit cards,
auto loans, student loans, and other loans. The series on
student loans begins in 2006:Q1. Conforming changes will be
reflected in the upcoming G.19 release on October 7, 2013.
Fixed assets
iv
Topic
Description
Pension entitlements
Topic
Description
Seasonal adjustment
vi
vii
Explanatory Notes
Financial Accounts of the United States
The Financial Accounts of the United States (previously
referred to as the Flow of Funds Accounts) are
organized into the following sections:
Growth Rates
Growth rates calculated from levels will include
revaluations and other changes in volume. To isolate
the effect of transactions on growth of a given asset or
liability, users should calculate the ratio of the flow in a
given period to the level in the preceding period.
Growth rates in table D.1 are calculated by dividing
seasonally adjusted flows from table D.2 by seasonally
adjusted levels at the end of the previous period from
table D.3. Growth rates calculated from changes in
unadjusted levels printed in table L.2 may differ from
those in table D.1.
Seasonal Adjustment
Seasonal factors are recalculated and updated every
year, and these revised factors are first published in the
September release of second-quarter data. All series that
exhibit significant seasonal patterns are adjusted. The
seasonal factors are generated using the X-12-ARIMA
seasonal adjustment program from the U.S. Census
Bureau, estimated using the most recent 10 years of
viii
Data Revisions
Data shown for the most recent quarters are based on
preliminary and potentially incomplete information. A
summary list of the most recent data available for each
sector is provided in a table following these notes.
Nonetheless, when source data are revised or estimation
methods are improved, all data are subject to revision.
There is no specific revision schedule; rather, data are
revised on an ongoing basis. In each release of the
Financial Accounts, major revisions are highlighted at
the beginning of the publication.
Discrepancies
The data in the Financial Accounts come from a large
variety of sources and are subject to limitations and
uncertainty due to measurement errors, missing
information, and incompatibilities among data sources.
The size of this uncertainty cannot be quantified, but its
existence is acknowledged by the inclusion of
statistical discrepancies for various sectors and
financial instruments.
The discrepancy for a given sector is defined as the
difference between the aggregate value of the sectors
sources of funds and the value of its uses of funds. For a
financial instrument category, the discrepancy is defined
as the difference between the measurement of funds
raised through the financial instrument and funds
disbursed through that instrument. The relative size of
the statistical discrepancy is one indication of the quality
of the underlying source data. Note that differences in
seasonal adjustment procedures sometimes result in
quarterly discrepancies that partially or completely
offset each other in the annual data.
Production Schedule
The Financial Accounts are published online and in print
4 times per year, about 10 weeks following the end of
each calendar quarter. The publication and the guide are
available online here:
www.federalreserve.gov/releases/Z1
ix
Estimates for this sector are largely residuals and are derived
from data for other sectors. Availability of data depends on
schedules for other sectors. Data for consumer credit, which are
estimated directly, are available through 2013:Q2. The source
for nonprofit organizations data (tables F.100.a and L.100.a) is
the Internal Revenue Service Statistics of Income. Data for
nonprofit organizations are available for 1987 through 2000.
Federal government
(tables F.105 and L.105)
Monetary authority
(tables F.108 and L.108)
U.S.-chartered depository
institutions
(tables F.110 and L.110)
Credit unions
(tables F.113 and L.113)
Sector Table
Property-casualty insurance
companies
(tables F.114 and L.114)
Mutual funds
(tables F.121 and L.121
Closed-end funds
(tables F.122 and L.122)
Exchange-traded funds
(tables F.122 and L.122)
Data for Fannie Mae, Freddie Mac, Farmer Mac, FHLB, FICO,
FCS, and REFCORP through 2013:Q2.
Data for Fannie Mae, Freddie Mac, Farmer Mac, and Ginnie
Mae through 2013:Q2.
Finance companies
(tables F.126 and L.126)
Holding companies
(table F.129 and L.129)
Funding corporations
(tables F.130 and L.130)
Estimates for this sector are largely residuals and are derived
from data for other sectors.
xi
Table
Page
Summaries
Flow of Funds Matrix Flows
D.1
D.2
D.3
F.1
F.2
F.3
F.4
F.5
L.1
L.2
10
L.3
10
L.4
11
L.5
11
F.6
12
F.7
13
F.8
14
F.9
15
F.10
16
L.10
17
Flows
Title
Levels
Table
Page
Table
Page
F.100
18
L.100
66
Nonfinancial Business
F.101
19
L.101
67
F.102
20
L.102
68
F.103
21
L.103
69
F.104
22
L.104
70
Federal Government
F.105
23
L.105
71
Sectors
xii
Sectors
Rest of the World
F.106
24
L.106
72
Financial Business
F.107
25
L.107
73
Monetary Authority
F.108
26
L.108
74
F.109
27
L.109
75
F.110
28
L.110
76
F.111
29
L.111
77
F.112
30
L.112
78
Credit Unions
F.113
30
L.113
78
F.114
31
L.114
79
F.115
31
L.115
79
F.116
32
L.116
80
F.117
33
L.117
81
F.118
34
L.118
82
F.119
34
L.119
82
F.120
35
L.120
83
Mutual Funds
F.121
35
L.121
83
F.122
35
L.122
83
Government-Sponsored Enterprises
F.123
36
L.123
84
F.124
36
L.124
84
F.125
37
L.125
85
Finance Companies
F.126
37
L.126
85
F.127
38
L.127
86
F.128
39
L.128
87
Holding Companies
F.129
40
L.129
88
Funding Corporations
F.130
41
L.130
89
F.200
42
L.200
90
F.201
42
L.201
90
F.202
42
L.202
90
F.203
43
L.203
91
F.204
44
L.204
92
F.205
45
L.205
93
Instruments
xiii
Instruments
Money Market Mutual Fund Shares
F.206
45
L.206
93
F.207
46
L.207
94
F.208
47
L.208
95
Treasury Securities
F.209
48
L.209
96
F.210
49
L.210
97
F.211
50
L.211
98
F.212
51
L.212
99
Corporate Equities
F.213
52
L.213
100
F.214
52
L.214
100
F.215
53
L.215
101
F.216
54
L.216
102
Total Mortgages
F.217
55
L.217
103
Home Mortgages
F.218
56
L.218
104
F.219
56
L.219
104
Commercial Mortgages
F.220
57
L.220
105
Farm Mortgages
F.221
57
L.221
105
Consumer Credit
F.222
58
L.222
106
Trade Credit
F.223
59
L.223
107
Security Credit
F.224
59
L.224
107
F.225
60
L.225
108
Pension Entitlements
F.226
60
L.226
108
F.227
60
L.227
108
F.228
60
L.228
108
F.229
61
L.229
109
F.230
62
L.230
110
F.231
63
L.231
111
F.232
64
L.232
112
Sector Discrepancies
F.11
65
Instrument Discrepancies
F.12
65
Balance Sheet
Title
Reconciliation
Table
Page
Table
Page
B.100
113
R.100
116
B.102
114
R.102
117
B.103
115
R.103
118
xiv
Flows
Title
Table
Levels
Page
Table
Page
B.100.e
119
Supplementary Tables
Balance Sheet of Households and Nonprofit Organizations
with Equity Detail
Nonprofit Organizations
F.100.a
120
L.100.a
121
F.105.c
122
L.105.c
123
F.117.b
124
L.117.b
125
F.117.c
124
L.117.c
125
F.226.i
124
L.226.i
125
F.127.e
126
L.127.e
127
F.127.m
126
L.127.m
127
Title
Table
Page
S.1.a
128
S.2.a
129
S.3.a
131
S.4.a
134
S.5.a
137
Financial Business
S.6.a
140
Federal Government
S.7.a
143
S.8.a
146
S.9.a
149
Corporate equities
Mutual fund shares
Trade credit
Security credit
33
34
35
36
37
38
39
40
41
42
-312.7
-26.3
497.1
-1.1
-5.8
-363.0
419.2
-23.6
-8.5
-0.3
270.1
-141.9
-149.8
41.3
--2.5
-20.4
-4.9
----1.8
-82.0
409.6
-8.9
--
924.0
1018.4
--
2537.2
1613.2
1123.5
354.3
143.8
--8.4
----
U
(1)
--
----0.6
--1.5
64.9
27.4
----14.5
-111.5
1.2
-240.0
169.1
----------
--94.4
--------
2224.5
1373.0
851.5
S
(2)
Households
and Nonprofit
Organizations
152.2
----745.1
--1.6
95.9
--
10.7
-7.6
7.8
-2.6
12.3
---0.7
0.0
----21.5
-108.0
26.2
-3.2
-2.2
189.7
957.3
--
1967.6
1777.9
-79.5
1632.8
66.1
-0.4
----
U
(3)
--
--6.6
-5.3
325.0
-400.0
-123.2
--
718.1
14.0
--15.2
579.6
166.1
-20.9
-35.8
--
----------
--767.6
--------
2119.8
1451.1
668.7
S
(4)
Nonfinancial
Business
-39.0
--1.3
-14.9
-4.8
-2.5
8.5
--
-66.1
-5.1
-11.8
-28.2
-0.7
-9.0
---11.2
--
------8.9
20.3
-8.5
-6.7
-253.4
-52.6
--
91.7
345.1
-5.3
329.6
-10.2
----
U
(5)
--
----167.0
--39.1
--
-5.3
----5.7
--0.4
---
----------
--200.8
--------
52.8
231.4
-178.6
S
(6)
State
and Local
Governments
----
-84.7
--11.9
--1.0
-13.2
-2.9
--
102.3
---31.1
--0.2
-2.5
1.7
129.4
4.3
----6.7
0.2
---
-1128.5
114.0
--
-845.8
282.7
-0.9
283.1
--1.4
U
(7)
--
0.3
---93.7
--8.3
--
1140.2
-1140.6
-0.4
----0.0
--
0.0
0.0
0.0
-------
--1242.5
--------
-930.5
262.3
-1192.8
S
(8)
Federal
Government
-284.2
-26.3
497.1
13.2
1.1
753.1
-381.0
415.1
107.3
23.6
38.4
-13.0
266.1
-203.8
-138.2
32.1
-0.0
-29.3
124.5
4.3
---23.3
-187.7
456.2
-20.5
-8.9
-268.3
2037.1
--
3750.7
4019.0
1123.5
440.1
2389.3
66.1
0.0
----
U
(9)
--
0.3
-6.6
-5.3
586.2
-400.0
-172.2
64.9
1880.5
14.0
1140.6
-0.4
-4.9
579.6
277.6
-19.3
-275.8
169.1
0.0
0.0
0.0
-------
--2305.4
--------
3466.5
3317.7
148.8
S
(10)
Domestic
Nonfinancial
Sectors
74.3
14.7
---235.7
165.7
66.5
-1.6
165.2
1111.1
-7.3
284.9
252.8
138.2
416.2
172.9
39.7
-230.9
44.6
0.2
0.0
0.6
0.4
-64.1
11.3
13.4
-7.4
96.2
58.2
1807.9
--
256.9
198.7
-5.3
193.4
---
----
U
(11)
--
-11.9
497.1
6.5
6.5
171.9
155.1
625.7
-0.0
124.0
-394.0
-58.8
--22.4
--207.9
-124.0
3.5
15.6
--
-----208.8
268.5
516.1
7.1
-14.0
--1749.7
--------
331.2
188.3
142.9
S
(12)
Domestic
Financial
Sectors
-13.9
----257.5
53.1
144.0
11.5
0.0
452.0
3.4
589.5
-71.8
-4.9
-14.4
--49.9
---
0.0
----151.3
68.2
46.4
35.0
-39.9
446.3
876.4
--
446.3
0.0
----0.0
----
U
(13)
--
----252.0
82.6
-6.3
0.0
115.0
27.9
---62.2
19.2
5.7
---
4.5
---30.2
------
--430.1
--------
432.4
-432.4
S
(14)
Rest of
the World
General notes: U = use of funds; S = source of funds. Domestic nonfinancial sectors (columns 9 and 10) are households and nonprofit organizations, nonfinancial business, state and local governments, and federal government.
23
24
25
26
27
28
29
30
31
32
11
12
13
4
5
6
7
8
9
10
14
15
16
17
18
19
20
21
22
1
2
3
-223.8
-11.6
497.1
13.2
1.1
1246.3
-162.3
625.7
117.2
188.9
1601.5
-16.9
1140.6
-22.8
-4.9
433.9
172.9
-10.2
-260.2
169.1
4.5
0.0
0.6
-22.9
-215.4
267.2
516.1
7.1
47.4
236.2
4721.5
--
4453.9
4217.7
1123.5
445.4
2582.7
66.1
--
----
U
(15)
S
(16)
--
-11.6
497.1
13.1
1.1
1010.2
-162.3
625.7
178.5
188.9
1601.5
-16.9
1140.6
-22.8
-4.9
433.9
172.9
-10.2
-260.2
169.1
4.5
0.0
0.0
-30.2
-208.8
268.5
516.1
7.1
-14.0
--4485.2
--------
4230.1
3506.0
724.2
All
Sectors
----
Summary
-223.8
---0.1
--236.1
--61.3
--
-----------
---0.6
-7.3
6.6
1.3
---61.4
-236.2
---
-223.8
12.4
------
(17)
Instrument
Discrepancy
Corporate equities
Mutual fund shares
Trade credit
Security credit
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
1186.1
18075.1
-8186.3
870.2
10322.0
5315.9
-776.0
5575.2
19.0
1108.9
75.1
1657.0
2556.6
-20.9
70.5
67.1
820.8
7114.3
1017.6
--
---45.1
--
59304.6
---
----24.9
--289.7
303.7
12979.7
---241.0
-66.3
139.3
9608.8
2924.3
-----
------
-13598.0
13598.0
----13509.9
-181.7
2873.5
--
332.4
60.5
99.6
11.8
40.5
---71.4
48.5
906.4
949.5
536.9
10.4
---13.3
--
19314.0
---
--158.6
8167.7
4584.6
16118.8
-2322.0
--
12726.5
130.3
--509.1
5795.2
1680.1
1220.4
3391.3
--
-----
------
-44078.3
19791.8
L
(4)
A
(3)
A
(1)
L
(2)
Nonfinancial
Business
Households
and Nonprofit
Organizations
--112.3
-87.2
129.7
61.7
162.5
--
1437.9
85.5
533.6
469.6
12.1
150.5
--186.6
--
117.7
289.8
140.7
111.0
------
2650.4
---
A
(5)
----1487.5
--746.5
--
2980.0
---2964.3
--15.7
---
-----
------
-5214.0
5214.0
L
(6)
State
and Local
Governments
--158.1
-142.0
39.9
-50.6
--
918.4
--0.0
-0.6
-188.7
112.3
616.8
92.0
2.0
---
102.8
-----
1505.9
---
A
(7)
50.0
---3281.2
--228.5
--
11593.7
-11568.9
24.9
----0.0
--
-----
54.3
5.2
25.9
---
-15238.9
15238.9
L
(8)
Federal
Government
1186.1
18075.1
270.4
8186.3
14609.4
10491.6
5559.2
3086.7
776.0
8263.9
165.0
1742.1
556.6
1709.6
2707.7
-209.6
440.8
732.4
1936.9
8355.6
1695.2
121.3
102.8
--58.4
--
82774.9
---
A
(9)
50.0
-158.6
8167.7
9378.3
16118.8
-3586.8
303.7
40280.0
130.3
11568.9
24.9
3714.4
5795.2
1746.4
1375.4
13000.2
2924.3
-----
54.3
5.2
25.9
---
-78129.3
53842.8
L
(10)
Domestic
Nonfinancial
Sectors
172.9
---14080.1
12472.9
2805.2
133.2
736.4
39031.7
592.2
4253.0
5993.4
1939.4
7591.1
2250.6
1469.0
12751.1
2191.9
373.5
630.4
839.9
985.3
35.8
5.2
44.8
43.3
1561.7
73952.2
---
A
(11)
1309.0
18075.1
-77.2
18.6
8249.5
4936.0
9323.6
14.2
1208.7
13912.2
449.1
-7529.7
-4986.4
338.7
416.6
191.8
--
2857.8
9312.4
2649.6
1122.9
----1831.4
-74743.9
69789.4
L
(12)
Domestic
Financial
Sectors
----5128.8
3480.8
959.2
145.6
0.0
9608.7
195.2
5573.8
1004.7
65.4
2623.4
-146.2
---
540.4
326.4
114.5
-84.8
54.3
---215.7
20489.7
---
A
(13)
----7073.7
5390.5
-69.3
0.0
2712.0
373.0
---2140.7
165.5
32.8
---
-----
127.5
--750.1
--
-16123.2
10732.6
L
(14)
Rest of
the World
1359.0
18075.1
270.4
8186.3
33818.3
26445.3
9323.6
3365.4
1512.5
56904.3
952.4
11568.9
7554.6
3714.4
12922.2
2250.6
1824.8
13191.9
2924.3
2850.8
9312.4
2649.6
1021.9
192.8
5.2
44.8
101.7
1777.4
177216.7
---
A
(15)
L
(16)
1359.0
18075.1
81.4
8186.3
24701.5
26445.3
9323.6
3670.3
1512.5
56904.3
952.4
11568.9
7554.6
3714.4
12922.2
2250.6
1824.8
13191.9
2924.3
2857.8
9312.4
2649.6
1122.9
181.8
5.2
25.9
750.1
1831.4
-168996.4
134364.8
All
Sectors
General notes: A = assets; L = liabilities. Domestic nonfinancial sectors (columns 9 and 10) are households and nonprofit organizations, nonfinancial business, state and local governments, and federal government. Equity included in line 2 is the sum of
corporate equities (line 25) and equity in noncorporate business (line 32). The matrix shows a discrepancy in column 17 for monetary gold (line 4) because by international accounting convention, monetary gold is a financial asset
without a corresponding liability.
1
2
3
---189.0
--10604.3
--304.8
--
-----------
7.0
--101.1
-11.0
--18.8
648.4
54.0
-9707.9
---
(17)
Instrument
Discrepancy
Summary
2
Domestic
financial
sectors
Foreign
Summary
Total
Total
Households
Home
mortgage
Business
Consumer
credit
Total
Corporate
State and
local
governments
Federal
government
1979
1980
1981
1982
1983
12.1
9.5
10.3
10.4
12.0
15.0
8.2
7.4
5.6
11.1
16.4
10.9
7.2
4.8
10.2
13.9
1.0
5.5
5.0
12.1
13.5
10.1
13.0
9.9
9.1
11.3
8.5
13.8
10.2
8.3
9.0
6.9
8.0
11.2
11.4
5.8
11.8
11.6
19.7
18.9
23.0
14.9
18.4
13.6
13.3
9.6
14.3
12.2
7.5
8.3
1984
1985
1986
1987
1988
14.8
15.6
11.9
9.1
9.1
12.7
16.1
11.3
10.4
9.8
11.4
14.6
13.7
13.4
11.8
18.4
15.9
9.1
4.8
6.7
16.1
11.0
11.6
7.8
9.9
16.7
12.7
14.1
8.8
10.9
11.4
31.8
10.9
12.0
6.0
16.9
16.5
13.6
8.0
8.0
17.5
19.3
26.2
18.3
13.1
3.7
0.5
4.0
2.5
2.9
1989
1990
1991
1992
1993
7.3
6.5
4.4
4.6
5.6
9.1
7.0
5.1
5.4
6.0
10.9
8.9
7.0
6.5
5.5
6.3
1.9
-1.1
1.1
7.4
6.3
3.6
-2.1
-0.3
3.1
7.4
5.3
-2.1
0.7
5.3
5.3
5.0
9.2
1.5
5.3
7.0
11.0
11.1
10.9
8.3
10.5
8.6
5.9
8.5
9.7
3.8
8.3
4.8
6.9
18.7
1994
1995
1996
1997
1998
5.1
5.0
5.1
5.5
6.5
7.7
7.0
6.7
5.9
7.6
5.6
4.9
6.2
6.1
8.0
15.2
14.4
9.0
5.5
7.2
5.4
6.2
6.0
9.2
11.5
7.1
7.1
6.0
9.5
10.9
-3.9
-5.5
-2.0
4.9
6.2
4.7
4.1
4.0
0.6
-1.4
14.0
11.4
12.4
12.0
19.4
-2.4
17.7
15.5
10.6
5.1
1999
2000
2001
2002
2003
6.2
5.0
6.4
7.4
8.0
8.0
9.0
9.6
10.6
11.8
9.4
8.7
10.6
13.3
14.5
7.8
11.4
8.6
5.6
5.3
10.4
9.3
6.0
3.0
2.2
9.5
8.6
4.9
1.3
1.8
3.3
1.4
8.8
11.1
8.3
-1.9
-8.0
-0.2
7.6
10.9
16.6
10.7
10.6
9.6
10.7
2.4
8.4
-1.4
10.8
4.0
2004
2005
2006
2007
2008
9.3
9.3
8.7
8.5
5.9
11.1
11.2
10.0
6.7
-0.0
13.5
13.4
11.2
6.9
-0.5
5.6
4.5
5.3
6.1
1.3
6.7
9.0
11.0
13.6
6.3
4.8
7.0
9.3
13.5
5.2
11.4
5.8
3.9
5.5
0.6
9.0
7.0
3.9
4.9
24.2
8.6
9.4
10.3
12.7
5.5
12.4
7.9
22.0
9.0
-10.6
2009
2010
2011
2012
3.1
4.1
3.7
4.9
-1.7
-2.5
-1.4
0.2
-1.5
-3.4
-2.3
-2.4
-3.9
-1.0
4.1
6.1
-2.2
1.5
4.8
6.0
-1.9
2.7
6.9
8.2
4.0
2.3
-1.7
-0.2
22.7
20.2
11.4
10.9
-10.6
-5.9
-3.0
-2.8
12.4
3.6
5.1
4.7
2007 -- Q1
Q2
Q3
Q4
8.5
8.3
8.7
7.4
7.3
7.2
6.8
4.8
8.5
7.8
6.9
3.8
4.9
5.7
7.8
5.7
11.5
14.0
14.0
12.5
10.1
14.4
14.6
12.3
7.0
6.1
4.4
3.9
6.7
1.3
5.6
5.4
11.2
10.5
16.5
10.1
12.9
18.0
1.4
2.9
2008 -- Q1
Q2
Q3
Q4
6.5
3.4
7.1
6.3
3.8
-0.4
-1.5
-2.1
3.1
-0.5
-2.0
-2.8
6.0
2.4
-0.7
-2.4
9.1
7.6
5.6
2.4
9.0
6.9
4.7
-0.2
2.0
0.9
0.7
-1.1
10.7
5.8
36.0
37.5
6.1
6.4
6.4
2.9
10.4
-0.0
-29.0
-26.8
2009 -- Q1
Q2
Q3
Q4
4.3
4.4
2.1
1.4
-1.1
-1.5
-2.1
-2.0
0.1
-1.8
-2.3
-2.0
-3.1
-5.8
-3.3
-3.7
-0.8
-1.9
-3.4
-2.8
-0.5
-1.2
-3.5
-2.6
2.7
5.1
3.9
4.0
25.8
27.0
18.4
13.0
-10.8
-13.4
-10.5
-8.4
11.3
12.9
15.3
7.0
2010 -- Q1
Q2
Q3
Q4
3.8
4.0
4.1
4.4
-3.8
-2.1
-2.5
-1.8
-5.6
-2.7
-3.1
-2.5
-3.0
-2.5
-0.2
1.8
0.3
-1.0
3.6
3.0
1.2
-1.1
5.7
5.0
3.4
0.5
1.8
3.6
22.0
22.0
15.9
15.6
-8.2
-7.1
-4.4
-5.1
4.8
-3.2
6.2
6.1
2011 -- Q1
Q2
Q3
Q4
2.7
2.7
4.7
4.6
-1.9
-2.6
-1.0
-0.1
-2.9
-2.3
-1.8
-2.4
4.1
3.6
3.6
5.0
3.9
5.6
4.2
5.1
6.1
8.2
6.0
6.7
-2.4
-2.7
-0.3
-1.6
9.1
8.0
14.4
12.1
-1.0
-4.6
-3.2
-3.3
17.6
6.7
-2.6
-1.5
2012 -- Q1
Q2
Q3
Q4
4.7
5.3
3.0
6.2
-1.1
1.4
-1.6
2.1
-3.5
-2.2
-3.3
-0.9
5.4
7.4
4.8
6.5
4.4
4.9
5.1
9.1
6.4
6.6
6.8
11.9
0.4
2.9
-0.2
-3.8
13.5
11.0
7.1
10.4
-2.8
-4.8
-2.0
-1.7
0.8
-3.6
8.9
11.9
2013 -- Q1
Q2
4.5
3.1
-0.5
0.2
-2.1
-1.7
6.2
5.6
4.9
6.9
6.8
8.4
2.4
1.1
10.1
2.5
-0.5
0.5
14.8
1.8
Summary
Total
Total
Households
Home
mortgage
Business
Consumer
credit
Total
Corporate
State and
local
governments
Federal
government
Domestic
financial
sectors
Foreign
1979
1980
1981
1982
1983
388.2
340.3
406.6
451.3
572.6
166.3
105.3
102.7
84.6
175.3
116.5
90.2
67.0
47.4
105.1
43.3
3.4
19.8
18.8
48.2
159.6
135.4
190.8
163.7
164.8
85.8
72.2
126.1
105.8
93.4
26.6
22.2
27.6
41.7
47.3
35.8
77.4
85.5
161.3
185.2
94.9
75.8
107.8
93.6
104.3
15.0
24.2
23.5
16.0
17.3
1984
1985
1986
1987
1988
790.9
957.7
845.0
721.3
784.4
220.4
313.8
258.1
264.3
270.4
127.3
181.5
198.8
221.5
215.7
81.7
84.0
55.8
32.3
46.6
320.8
254.6
296.7
222.6
308.5
207.1
184.2
229.5
164.6
224.4
52.5
163.6
74.2
90.4
50.4
197.2
225.7
216.0
143.9
155.1
156.2
203.2
330.1
291.8
249.8
8.4
1.2
9.7
6.3
7.4
1989
1990
1991
1992
1993
685.3
658.4
473.4
514.3
667.3
276.8
233.2
183.3
203.2
239.4
224.9
200.1
174.6
173.1
156.3
47.0
15.1
-8.8
9.2
61.4
214.8
131.2
-79.3
-9.3
113.8
166.4
130.9
-53.1
17.1
134.4
47.4
47.1
91.2
16.5
57.9
146.4
246.9
278.2
304.0
256.1
224.8
207.8
153.1
236.5
292.9
10.2
23.9
15.1
24.1
69.8
1994
1995
1996
1997
1998
639.8
653.5
706.1
793.5
998.2
324.3
319.0
324.8
305.0
414.8
166.5
153.6
205.1
215.9
301.1
135.0
147.0
105.7
70.3
97.1
205.3
250.8
257.0
414.7
569.2
190.8
205.5
186.5
312.7
390.2
-45.5
-60.8
-20.5
50.8
66.8
155.9
144.4
144.9
23.1
-52.6
464.4
433.6
523.2
570.3
1026.5
-11.2
78.3
88.0
69.9
37.2
1999
2000
2001
2002
2003
1011.5
864.5
1164.0
1429.7
1671.5
474.5
575.4
666.5
812.4
992.5
379.2
383.7
508.2
705.9
871.4
112.4
176.5
150.6
105.2
105.9
571.0
568.1
397.6
215.1
162.4
377.2
375.7
234.2
63.3
88.5
37.3
16.9
105.5
144.6
120.5
-71.2
-295.9
-5.6
257.6
396.0
1052.6
790.8
862.3
881.4
1071.0
19.0
63.0
-11.2
93.4
43.0
2004
2005
2006
2007
2008
2092.5
2350.7
2401.8
2564.2
1943.8
1051.8
1184.2
1166.6
863.6
-6.3
934.2
1052.6
993.6
683.9
-58.2
117.2
100.4
121.9
151.3
34.8
500.1
718.0
950.9
1316.9
692.9
245.4
376.3
535.7
855.3
374.2
178.8
141.7
100.9
146.7
17.9
361.9
306.9
183.4
237.1
1239.2
938.9
1113.4
1336.3
1814.2
896.9
155.3
113.0
332.6
170.3
-226.2
2009
2010
2011
2012
1072.8
1477.0
1372.9
1880.5
-228.5
-342.4
-185.2
27.4
-157.4
-357.8
-228.4
-236.4
-103.7
-25.3
109.1
169.1
-255.6
169.7
542.9
718.1
-146.9
201.8
517.7
652.4
113.0
69.5
-52.7
-5.3
1443.9
1580.2
1067.9
1140.2
-1808.7
-931.7
-434.0
-394.0
211.8
75.3
114.8
115.0
2007 -- Q1
Q2
Q3
Q4
2572.6
2570.6
2749.9
2363.8
944.7
951.8
906.0
651.6
838.4
785.4
709.7
401.9
119.5
141.9
196.8
146.8
1111.5
1388.2
1440.7
1327.2
641.6
936.1
981.2
862.5
187.5
165.9
123.0
110.3
328.9
64.6
280.1
274.7
1593.3
1551.0
2511.0
1601.5
243.3
350.2
28.3
59.6
2008 -- Q1
Q2
Q3
Q4
2128.4
1126.6
2373.5
2146.8
525.5
-56.3
-207.4
-286.8
330.9
-54.2
-210.6
-298.9
156.8
64.1
-17.8
-63.7
997.1
852.4
639.7
282.5
648.4
510.1
352.3
-14.0
56.3
25.5
21.1
-31.2
549.4
305.0
1920.1
2182.3
995.1
1046.3
1061.8
484.4
221.3
-0.1
-622.8
-503.3
2009 -- Q1
Q2
Q3
Q4
1478.9
1553.0
760.7
498.6
-148.0
-201.0
-290.1
-274.9
10.2
-185.1
-241.5
-213.2
-81.1
-153.1
-85.7
-95.1
-88.0
-219.9
-391.4
-323.1
-37.4
-94.6
-262.9
-192.7
76.0
146.2
113.2
116.8
1638.9
1827.7
1329.1
979.8
-1848.7
-2296.9
-1741.3
-1347.9
192.3
224.0
287.9
143.1
2010 -- Q1
Q2
Q3
Q4
1343.7
1425.3
1505.9
1633.3
-516.6
-288.0
-332.0
-233.1
-582.8
-280.4
-317.1
-250.8
-77.7
-63.8
-4.2
44.3
38.6
-112.5
405.4
347.2
91.0
-80.2
421.6
374.7
100.9
14.8
54.6
107.8
1720.7
1811.0
1377.9
1411.3
-1291.8
-1056.3
-638.0
-740.6
99.6
-68.9
132.0
138.6
2011 -- Q1
Q2
Q3
Q4
983.6
992.6
1750.1
1765.3
-248.4
-340.1
-136.4
-16.0
-283.0
-223.3
-172.1
-235.4
109.5
95.7
96.2
135.1
447.6
640.5
485.9
597.4
453.4
625.0
464.1
528.4
-73.6
-80.0
-10.2
-47.0
857.9
772.1
1410.8
1230.9
-148.5
-670.9
-454.2
-462.5
399.5
160.5
-64.8
-35.9
2012 -- Q1
Q2
Q3
Q4
1809.6
2056.0
1194.7
2461.6
-143.5
184.8
-204.7
273.2
-335.4
-208.5
-315.2
-86.7
147.6
205.7
136.2
186.9
528.7
597.8
618.3
1127.8
512.2
533.5
556.9
1007.0
13.2
87.8
-6.5
-115.5
1411.2
1185.7
787.7
1176.1
-388.1
-676.2
-274.9
-236.7
19.7
-90.0
220.5
309.6
2013 -- Q1
Q2
1794.1
1251.4
-67.7
31.4
-200.1
-162.0
180.6
165.1
620.3
887.2
593.5
742.2
72.8
33.0
1168.7
299.9
-70.9
63.6
401.8
51.3
Domestic
financial
sectors
Foreign
Summary
Business
Consumer
credit
Corporate
Federal
government
Total
Total
1979
1980
1981
1982
1983
3596.3
3944.3
4351.9
4773.1
5348.6
1278.5
1396.0
1505.9
1575.8
1731.1
826.7
926.5
998.2
1031.1
1116.2
354.6
358.0
377.9
396.7
444.9
1337.9
1468.9
1653.4
1801.8
1989.5
845.9
913.8
1033.6
1124.1
1240.5
322.2
344.4
372.1
413.8
461.1
657.7
735.0
820.5
981.8
1167.0
508.9
584.7
689.2
785.5
890.1
168.5
193.4
214.0
208.1
224.1
1984
1985
1986
1987
1988
6134.8
7110.6
7953.0
8656.1
9437.0
1943.1
2277.7
2534.2
2752.5
3039.8
1242.8
1449.6
1648.3
1827.9
2054.2
526.6
610.6
666.4
698.6
745.2
2313.8
2565.1
2860.8
3111.2
3399.3
1451.2
1632.1
1860.6
2053.0
2257.3
513.6
677.9
752.1
842.6
893.0
1364.2
1589.9
1805.9
1949.8
2104.9
1054.9
1259.0
1596.6
1899.7
2149.5
232.8
242.5
251.9
259.0
269.8
1989
1990
1991
1992
1993
10139.3
10825.1
11295.2
11812.7
12494.8
3309.2
3571.6
3758.5
3961.7
4203.5
2259.5
2488.8
2667.0
2840.0
2998.7
809.3
824.4
815.6
824.8
886.2
3638.6
3767.9
3681.7
3675.6
3801.8
2448.4
2577.4
2519.7
2540.0
2686.9
940.4
987.4
1078.6
1095.1
1153.0
2251.2
2498.1
2776.4
3080.3
3336.5
2402.8
2613.8
2766.8
3018.9
3317.2
287.9
318.2
350.4
372.4
468.2
1994
1995
1996
1997
1998
13140.9
13810.3
14516.4
15308.4
16306.6
4527.0
4846.1
5183.8
5489.4
5902.9
3165.3
3318.9
3537.0
3752.9
4054.0
1021.2
1168.2
1273.9
1344.2
1441.3
4014.1
4280.7
4524.7
4937.3
5507.8
2884.8
3106.1
3279.6
3590.3
3981.7
1107.5
1046.7
1026.2
1076.9
1143.8
3492.3
3636.7
3781.7
3804.8
3752.2
3789.7
4226.3
4749.5
5299.7
6326.2
443.1
567.6
657.2
723.6
783.2
1999
2000
2001
2002
2003
17352.7
18227.1
19374.2
20803.8
22519.5
6377.6
6962.9
7628.5
8440.9
9463.5
4430.8
4813.3
5321.5
6027.4
6908.5
1553.6
1741.3
1891.8
1997.0
2102.9
6113.1
6681.2
7062.8
7278.0
7454.5
4393.3
4769.0
4987.1
5050.4
5153.0
1181.0
1197.9
1303.4
1447.9
1568.4
3681.0
3385.1
3379.5
3637.0
4033.1
7376.5
8168.4
9156.8
10038.3
10944.6
748.2
814.5
865.4
1072.8
1253.3
2004
2005
2006
2007
2008
25344.0
27694.6
30172.2
32745.5
34689.2
10535.3
11719.5
12941.0
13807.1
13805.8
7857.6
8910.2
9903.8
10587.6
10534.4
2220.1
2320.6
2462.8
2616.6
2651.4
7965.5
8683.4
9655.1
10978.5
11666.5
5409.4
5785.7
6342.2
7204.0
7573.3
2448.2
2589.8
2690.8
2837.5
2855.4
4395.0
4701.9
4885.3
5122.3
6361.5
11898.4
12957.3
14260.5
16204.5
17101.1
1438.8
1513.9
1882.6
2126.3
1708.8
2009
2010
2011
2012
35634.5
37040.0
38418.3
40280.0
13533.9
13196.8
13017.0
12979.7
10377.0
9906.2
9677.8
9436.3
2553.5
2648.1
2757.2
2924.3
11326.7
11419.6
11962.5
12726.5
7342.2
7473.3
7991.0
8686.9
2968.4
3038.0
2985.3
2980.0
7805.4
9385.6
10453.6
11593.7
15688.5
14485.7
14046.3
13912.2
2090.3
2267.2
2452.9
2712.0
2007 -- Q1
Q2
Q3
Q4
30821.9
31464.5
32154.5
32745.5
13177.2
13415.2
13644.2
13807.1
10113.4
10309.7
10487.2
10587.6
2492.6
2528.1
2579.9
2616.6
9939.5
10286.6
10646.7
10978.5
6509.0
6743.1
6988.4
7204.0
2737.7
2779.1
2809.9
2837.5
4967.5
4983.6
5053.7
5122.3
14786.1
15173.8
15804.1
16204.5
1941.8
2020.8
2077.1
2126.3
2008 -- Q1
Q2
Q3
Q4
33277.6
33559.2
34152.5
34689.2
13938.5
13924.4
13877.5
13805.8
10670.4
10656.8
10609.1
10534.4
2655.7
2671.8
2667.3
2651.4
11227.8
11440.9
11595.9
11666.5
7366.1
7493.6
7576.7
7573.3
2851.5
2857.9
2863.2
2855.4
5259.7
5335.9
5816.0
6361.5
16453.3
16714.8
16979.9
17101.1
2216.1
2145.8
1877.7
1708.8
2009 -- Q1
Q2
Q3
Q4
34997.9
35386.1
35576.3
35634.5
13698.2
13647.9
13575.4
13533.9
10536.9
10490.7
10430.3
10377.0
2631.1
2598.7
2577.2
2553.5
11654.1
11599.1
11501.3
11326.7
7573.5
7549.8
7484.1
7342.2
2874.4
2910.9
2939.2
2968.4
6771.3
7228.2
7560.5
7805.4
17091.5
16517.3
16082.0
15688.5
1732.7
1879.6
2053.1
2090.3
2010 -- Q1
Q2
Q3
Q4
36001.6
36357.9
36734.4
37040.0
13417.5
13345.5
13262.5
13196.8
10230.1
10160.0
10080.7
9906.2
2537.6
2521.7
2520.7
2648.1
11354.8
11326.7
11428.1
11419.6
7382.2
7362.2
7467.6
7473.3
2993.6
2997.3
3011.0
3038.0
8235.6
8688.4
9032.8
9385.6
14857.5
14593.4
14433.9
14485.7
2137.5
2125.7
2265.4
2267.2
2011 -- Q1
Q2
Q3
Q4
37285.9
37539.4
37977.0
38418.3
13134.7
13055.1
13021.0
13017.0
9835.4
9779.6
9736.6
9677.8
2675.5
2699.4
2723.4
2757.2
11531.5
11691.6
11813.1
11962.5
7586.6
7742.8
7858.8
7991.0
3019.6
2999.6
2997.0
2985.3
9600.1
9793.2
10145.9
10453.6
14448.6
14275.5
14161.9
14046.3
2385.3
2464.4
2449.2
2452.9
2012 -- Q1
Q2
Q3
Q4
38866.2
39375.2
39666.0
40280.0
12983.4
13024.6
12913.7
12979.7
9593.9
9536.8
9458.0
9436.3
2794.1
2843.5
2877.6
2924.3
12087.8
12237.2
12443.7
12726.5
8109.7
8243.1
8434.2
8686.9
2988.6
3010.5
3008.9
2980.0
10806.4
11102.8
11299.7
11593.7
14012.8
13843.8
13961.3
13912.2
2494.2
2478.9
2608.6
2712.0
2013 -- Q1
Q2
40728.5
41041.4
12962.8
12970.6
9386.3
9345.8
2969.5
3010.7
12881.6
13103.4
8835.2
9020.8
2998.2
3006.4
11885.9
11960.9
13894.5
13910.4
2786.4
2709.6
Total
State and
local
governments
Summary
2009
2010
2011
2012
2012
Q1
1
2
3
4
5
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
6
7
Q2
2013
Q3
Q4
Q1
Q2
2614.5
-524.1
620.7
1053.7
1601.5
1441.3
1289.8
1140.4
2534.5
2125.0
1366.4
1943.8
1072.8
1477.0
1372.9
1880.5
1809.6
2056.0
1194.7
2461.6
1794.1
1251.4
-6.3
374.2
318.7
-228.5
-146.9
-108.7
-342.4
201.8
-32.1
-185.2
517.7
25.1
27.4
652.4
65.7
-143.5
512.2
16.5
184.8
533.5
64.2
-204.7
556.9
61.4
273.2
1007.0
120.8
-67.7
593.5
26.8
31.4
742.2
145.0
3
4
5
17.9
1239.2
113.0
1443.9
69.5
1580.2
-52.7
1067.9
-5.3
1140.2
13.2
1411.2
87.8
1185.7
-6.5
787.7
-115.5
1176.1
72.8
1168.7
33.0
299.9
6
7
-226.2
211.8
75.3
114.8
115.0
19.7
-90.0
220.5
309.6
401.8
51.3
Financial sectors
896.9
-1808.7
-931.7
-434.0
-394.0
-388.1
-676.2
-274.9
-236.7
-70.9
63.6
-0.9
-0.2
8.3
-292.2
0.0
-14.1
-161.7
0.0
-0.4
-73.9
0.0
-2.0
-27.2
0.0
0.9
-35.7
0.0
-5.1
-23.0
0.0
3.3
-74.5
0.0
2.6
24.3
0.0
2.8
-4.9
0.0
-11.4
64.3
0.0
4.9
10
11
12
26.2
271.7
497.0
-6.6
-475.3
415.3
-3.2
-233.8
186.9
1.8
-187.2
165.3
4.8
-154.6
132.2
6.6
-274.9
134.5
15.7
-155.0
146.5
-0.2
-113.2
105.6
-3.0
-75.4
142.4
5.2
43.1
138.8
6.5
136.7
39.6
13
14
15
-413.6
-79.4
-53.8
-736.9
-156.2
-50.0
-497.5
-174.9
-2.1
-246.8
-12.7
28.2
-215.9
-53.7
42.9
-230.2
-40.3
26.6
-246.6
-80.2
57.3
-252.6
59.9
27.4
-134.4
-154.3
60.4
-229.9
-73.1
-1.0
-160.7
-2.8
30.0
16
17
18
36.9
-16.5
-65.3
-37.9
-16.5
-52.4
-1.7
-97.7
-23.9
24.8
12.3
-6.7
16.5
-360.2
-50.6
-65.2
26.2
9.1
17.3
-69.3
-47.4
-4.2
-24.5
91.1
55.8
-149.8
39.1
19
20
21
10
11
12
13
14
15
16
17
18
ABS issuers
Finance companies
REITs
19
20
21
77.7
97.3
466.4
-49.7
-8.0
-434.8
22
2614.5
-524.1
620.7
1053.7
1601.5
1441.3
1289.8
1140.4
2534.5
2125.0
1366.4
22
141.0
306.7
164.2
-216.3
38.4
-518.9
821.7
-329.7
180.3
-334.8
-322.2
23
23
24
25
26
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
187.1
-34.6
-10.9
31.6
10.0
-6.7
6.3
2.6
6.6
-153.1
-5.3
1.1
-8.5
9.5
1.2
-478.5
10.0
0.5
603.1
27.1
0.7
-456.2
54.6
1.0
297.6
-53.6
2.4
-401.2
-112.8
1.5
-468.4
61.6
2.6
24
25
26
27
28
-94.0
93.4
-37.3
309.1
60.7
88.0
-80.8
21.8
-66.1
102.3
-78.0
27.0
20.6
170.3
-41.0
111.9
-165.9
99.8
12.4
165.4
-36.1
118.1
27
28
29
377.2
123.5
623.7
239.6
452.0
546.1
-18.5
702.5
577.8
566.7
79.1
29
30
Financial sectors
2096.2
-954.3
-167.3
1030.4
1111.1
1414.1
486.6
767.5
1776.4
1893.1
1609.4
30
31
32
33
34
35
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
245.4
241.9
100.8
-1.9
40.4
1001.6
-336.7
-285.8
-2.8
33.5
271.5
-176.6
-30.8
-19.3
24.0
376.5
126.9
37.7
-4.9
37.6
34.5
357.8
-0.7
-0.1
46.0
-33.4
274.7
-51.3
-0.6
77.0
-23.5
349.6
-40.3
-4.6
41.7
-203.4
174.3
75.1
-2.9
41.9
398.4
632.8
13.6
7.5
23.7
1134.2
161.8
-85.4
-1.1
53.7
1083.8
187.7
-41.5
-0.1
33.2
31
32
33
34
35
36
37
-15.9
11.6
33.3
139.8
3.9
151.6
36.2
123.6
-2.5
73.6
-13.7
145.6
-11.0
-111.0
1.1
153.2
13.6
106.6
20.4
107.0
4.2
32.0
36
37
38
39
40
-4.9
-26.5
23.9
12.7
-85.8
7.4
123.2
22.1
10.8
73.2
0.4
20.0
11.8
-2.0
13.9
42.3
31.8
5.5
15.7
-27.6
16.9
-6.1
-36.2
9.4
-4.5
24.0
23.9
27.7
21.8
-8.7
65.9
70.5
1.5
38
39
40
41
42
43
44
727.9
32.4
-40.7
23.0
-619.9
387.1
10.6
46.0
-396.6
353.6
5.2
29.7
-9.8
359.4
-1.7
46.1
-82.7
642.0
11.6
52.3
-106.2
683.2
11.4
65.0
-118.5
650.3
5.1
73.7
-27.8
655.2
15.0
30.3
-78.4
579.2
14.8
40.3
80.0
683.2
30.5
28.1
112.2
277.2
19.2
13.1
41
42
43
44
45
46
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
242.9
497.0
-323.0
415.3
-315.6
186.9
-202.3
165.3
-223.2
132.2
-223.7
134.5
-329.5
146.5
-161.8
105.6
-177.6
142.4
-156.9
138.8
251.6
39.6
45
46
47
48
49
ABS issuers
Finance companies
REITs
-397.0
-81.9
-68.9
-702.3
-217.6
-8.7
-487.8
-104.2
37.1
-242.6
-45.9
102.9
-209.5
-28.2
127.7
-221.0
-31.1
227.8
-235.0
-21.9
90.6
-248.7
-32.8
251.6
-133.4
-26.9
-59.3
-225.8
-21.6
-28.8
-145.1
20.9
-63.8
47
48
49
50
51
52
-85.7
13.9
618.5
-192.1
-16.0
-250.9
32.2
22.1
89.7
5.7
3.1
22.8
89.1
-39.8
107.1
224.8
64.1
107.2
-18.0
-158.2
195.5
16.8
-28.1
-14.2
132.8
-36.9
139.9
-167.4
26.0
75.3
-330.1
53.0
-75.3
50
51
52
Summary
1
2
Domestic
By instrument
3
4
5
6
7
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Corporate bonds
8
9
10
11
12
13
14
15
16
Mortgages
Home
Multifamily residential
Commercial
Farm
Consumer credit
By sector
17
18
19
20
Household sector
Nonfinancial business
Corporate
Noncorporate
21
22
23
24
25
26
27
28
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1943.8
1072.8
1477.0
1372.9
1880.5
1809.6
2056.0
1194.7
2461.6
1794.1
1251.4
1943.8
1072.8
1477.0
1372.9
1880.5
1809.6
2056.0
1194.7
2461.6
1794.1
1251.4
7.7
1239.0
0.2
92.4
225.4
-73.1
1443.7
0.1
155.3
411.7
24.5
1579.6
0.7
99.7
438.6
33.4
1066.8
1.1
-52.8
410.8
14.0
1140.6
-0.4
-4.9
579.6
-7.9
1414.6
-3.3
19.2
523.2
29.0
1185.5
0.1
95.4
426.0
-35.5
788.0
-0.3
-11.8
587.1
70.5
1174.1
1.9
-122.6
782.0
21.2
1169.7
-1.0
76.5
570.2
-19.0
298.5
1.3
24.7
558.9
3
4
5
6
7
188.4
87.3
-303.1
-164.8
-51.5
-82.4
71.7
63.2
277.6
-19.3
260.2
-82.8
383.5
1.5
110.8
-13.5
356.1
17.6
14.4
20.6
151.5
119.5
8
9
68.6
-115.3
44.8
117.2
22.0
34.8
-293.5
-211.3
5.0
-98.5
11.3
-103.7
-506.8
-346.4
-6.1
-162.4
8.1
-25.3
-330.5
-254.6
5.5
-94.5
13.1
109.1
-275.8
-248.7
24.9
-57.8
5.8
169.1
-461.1
-354.1
-4.9
-107.9
5.8
147.6
-270.9
-218.1
28.0
-86.5
5.8
205.7
-366.2
-328.8
33.1
-76.3
5.8
136.2
-4.9
-93.7
43.3
39.6
5.8
186.9
-258.0
-213.8
15.6
-65.7
6.0
180.6
-49.1
-165.5
40.8
69.6
6.0
165.1
10
11
12
13
14
15
1943.8
1072.8
1477.0
1372.9
1880.5
1809.6
2056.0
1194.7
2461.6
1794.1
1251.4
16
-6.3
692.9
374.2
318.7
-228.5
-255.6
-146.9
-108.7
-342.4
169.7
201.8
-32.1
-185.2
542.9
517.7
25.1
27.4
718.1
652.4
65.7
-143.5
528.7
512.2
16.5
184.8
597.8
533.5
64.2
-204.7
618.3
556.9
61.4
273.2
1127.8
1007.0
120.8
-67.7
620.3
593.5
26.8
31.4
887.2
742.2
145.0
17
18
19
20
17.9
1239.2
113.0
1443.9
69.5
1580.2
-52.7
1067.9
-5.3
1140.2
13.2
1411.2
87.8
1185.7
-6.5
787.7
-115.5
1176.1
72.8
1168.7
33.0
299.9
21
22
-226.2
211.8
75.3
114.8
115.0
19.7
-90.0
220.5
309.6
401.8
51.3
23
-71.0
-158.8
5.1
-1.5
59.4
163.3
-11.2
0.3
-2.7
59.9
17.9
0.2
-53.5
137.7
29.2
1.4
27.9
62.2
19.2
5.7
32.9
-49.8
29.0
7.6
-54.2
-84.9
44.8
4.3
78.4
133.2
8.8
0.2
54.5
250.5
-5.9
10.5
117.2
239.8
45.2
-0.4
10.2
15.2
25.6
0.3
24
25
26
27
1717.6
1284.6
1552.4
1487.7
1995.4
1829.3
1965.9
1415.3
2771.2
2195.9
1302.7
28
By instrument
2
3
4
5
6
7
8
By sector
10
11
12
13
14
15
16
17
18
ABS issuers
Finance companies
REITs
19
20
21
896.9
-1808.7
-931.7
-434.0
-394.0
-388.1
-676.2
-274.9
-236.7
-70.9
63.6
-125.4
271.7
497.0
-282.9
-448.1
-475.3
415.3
-585.9
-102.2
-233.8
186.9
-575.1
-68.2
-187.2
165.3
-324.7
-58.8
-154.6
132.2
-207.9
-29.5
-274.9
134.5
-59.5
-54.1
-155.0
146.5
-411.6
-65.4
-113.2
105.6
-226.3
-86.1
-75.4
142.4
-134.3
-12.4
43.1
138.8
-273.6
-15.7
136.7
39.6
-249.8
2
3
4
5
496.4
33.3
6.8
-435.4
-282.6
3.4
-62.9
-144.7
0.2
31.6
-60.0
9.1
-124.0
3.5
15.6
-148.3
-20.8
10.4
-280.6
53.8
24.9
32.0
-19.8
12.2
-99.0
0.8
14.9
-16.8
45.7
4.2
28.1
126.3
-1.4
6
7
8
896.9
-1808.7
-931.7
-434.0
-394.0
-388.1
-676.2
-274.9
-236.7
-70.9
63.6
-0.9
-0.2
8.3
-292.2
0.0
-14.1
-161.7
0.0
-0.4
-73.9
0.0
-2.0
-27.2
0.0
0.9
-35.7
0.0
-5.1
-23.0
0.0
3.3
-74.5
0.0
2.6
24.3
0.0
2.8
-4.9
0.0
-11.4
64.3
0.0
4.9
10
11
12
26.2
271.7
497.0
-6.6
-475.3
415.3
-3.2
-233.8
186.9
1.8
-187.2
165.3
4.8
-154.6
132.2
6.6
-274.9
134.5
15.7
-155.0
146.5
-0.2
-113.2
105.6
-3.0
-75.4
142.4
5.2
43.1
138.8
6.5
136.7
39.6
13
14
15
-413.6
-79.4
-53.8
-736.9
-156.2
-50.0
-497.5
-174.9
-2.1
-246.8
-12.7
28.2
-215.9
-53.7
42.9
-230.2
-40.3
26.6
-246.6
-80.2
57.3
-252.6
59.9
27.4
-134.4
-154.3
60.4
-229.9
-73.1
-1.0
-160.7
-2.8
30.0
16
17
18
77.7
97.3
466.4
-49.7
-8.0
-434.8
36.9
-16.5
-65.3
-37.9
-16.5
-52.4
-1.7
-97.7
-23.9
24.8
12.3
-6.7
16.5
-360.2
-50.6
-65.2
26.2
9.1
17.3
-69.3
-47.4
-4.2
-24.5
91.1
55.8
-149.8
39.1
19
20
21
Summary
1
2
3
4
5
6
7
8
9
10
Total
Open market paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Corporate and foreign bonds
Depository institution loans n.e.c.
Other loans and advances
Mortgages
Consumer credit
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2614.5
-524.1
620.7
1053.7
1601.5
1441.3
1289.8
1140.4
2534.5
2125.0
1366.4
-188.8
1239.0
768.9
92.4
-216.3
-461.8
1443.7
-59.9
155.3
-10.9
-80.4
1579.6
-46.2
99.7
-76.6
-88.3
1066.8
-20.8
-52.8
223.8
-16.9
1140.6
-22.8
-4.9
433.9
-4.6
1414.6
-143.8
19.2
413.9
-79.3
1185.5
-8.4
95.4
-70.6
-22.5
788.0
-7.9
-11.8
494.0
38.8
1174.1
68.9
-122.6
898.2
126.0
1169.7
181.0
76.5
536.3
-24.5
298.5
177.6
24.7
324.3
2
3
4
5
6
689.9
119.1
75.4
34.8
-749.7
-447.0
-290.1
-103.7
-96.5
-226.9
-506.6
-25.3
132.5
4.6
-321.4
109.1
172.9
-10.2
-260.2
169.1
141.0
-96.0
-450.7
147.6
147.7
59.6
-246.0
205.7
151.6
-33.1
-354.0
136.2
251.2
28.9
10.0
186.9
42.8
65.9
-253.7
180.6
205.1
246.0
-50.6
165.1
7
8
9
10
254.9
812.6
362.5
36.0
463.4
371.6
373.7
714.3
394.0
1229.2
501.3
11
264.8
-336.0
315.5
-64.6
-7.6
-278.0
-302.4
-472.5
-162.3
-400.0
-215.2
-291.8
-211.7
-508.1
-68.1
-395.6
-154.1
-404.5
271.3
-255.9
2.7
-344.8
12
13
-38.5
639.3
-9.9
63.7
316.4
497.1
79.1
191.2
370.1
6.0
164.0
338.4
82.6
155.1
625.7
40.7
35.8
586.8
176.6
119.9
585.4
71.5
256.0
782.3
41.5
208.8
548.2
295.3
232.0
957.8
305.3
42.2
498.6
14
15
16
Memo:
Funds raised through corporate equities and mutual fund shares
11
12
13
14
15
16
F.5 Net Increase in Liabilities and Its Relation to Net Acquisition of Financial Assets
Billions of dollars; quarterly figures are seasonally adjusted annual rates
2614.5
-524.1
620.7
1053.7
1601.5
1441.3
1289.8
1140.4
2534.5
2125.0
1366.4
4.8
0.0
-0.8
-394.3
99.9
3.0
-0.4
-110.7
1.8
0.0
-0.3
-9.3
15.9
0.0
0.0
-46.3
4.5
0.0
0.0
-30.2
4.9
0.0
0.0
-60.9
13.2
0.0
0.0
-111.7
3.3
0.0
0.0
141.0
-3.6
0.0
0.0
-89.1
3.5
0.0
0.0
96.8
-0.8
0.0
0.0
350.3
2
3
4
5
6
7
8
9
10
1823.0
568.4
524.8
-190.6
724.2
-590.9
-7.9
517.2
-141.8
-498.7
-132.9
266.3
298.3
-182.3
-503.2
844.5
234.5
577.4
-204.6
-112.8
-208.8
268.5
539.7
-23.6
7.1
390.3
-73.9
418.9
-77.2
-190.9
-274.2
301.1
473.8
-38.0
-148.9
-455.4
223.1
529.6
-107.3
55.3
-495.7
623.6
736.4
128.2
312.8
2089.1
299.1
130.8
-46.9
-135.0
1799.2
72.7
374.3
73.5
77.2
6
7
8
9
10
11
12
13
14
Security RPs
Corporate equities
Mutual fund shares
Trade payables
-888.0
264.8
-9.9
-170.6
232.0
315.5
497.1
-12.0
-197.1
-7.6
370.1
226.5
-133.4
-302.4
338.4
52.8
-14.0
-162.3
625.7
178.5
197.0
-215.2
586.8
229.7
-117.5
-211.7
585.4
179.5
-111.1
-68.1
782.3
186.6
-24.5
-154.1
548.2
118.1
-23.4
271.3
957.8
187.5
-356.3
2.7
498.6
44.7
11
12
13
14
15
16
17
18
Security credit
Life insurance reserves
Pension entitlements
Taxes payable
-397.9
67.0
538.0
-123.8
-95.9
26.5
427.4
-3.4
123.6
17.2
614.7
19.4
97.8
94.1
473.0
20.7
188.9
-11.6
497.1
13.1
181.7
-9.6
464.5
19.4
135.0
-73.2
381.8
18.1
266.3
11.8
526.3
28.6
172.5
24.6
615.7
-13.6
-105.7
-10.0
463.9
26.8
71.7
13.7
477.4
-58.7
15
16
17
18
19
20
-287.1
2392.7
-69.8
-33.5
187.4
1331.1
-54.9
1511.3
1.1
1010.2
27.5
763.0
5.1
1112.1
-11.1
1020.6
-17.0
1145.0
36.9
1275.6
4.6
864.3
19
20
7059.2
29.5
3044.5
4459.7
4485.2
4097.1
3519.5
4162.1
6162.1
7643.3
5675.6
21
-0.8
-330.4
60.7
-594.0
-67.3
1731.7
-4.4
-122.5
29.1
465.8
-33.4
-363.8
-1.1
-26.6
22.1
-80.3
-8.4
235.9
-0.7
25.2
20.3
-120.0
-2.4
11.2
-0.6
-7.3
6.6
-61.4
-0.1
-236.1
-0.8
6.1
188.1
289.6
-16.9
-249.6
-0.5
-30.8
-136.0
-182.6
35.6
-250.6
-0.5
105.5
26.5
-340.9
8.8
380.7
-0.5
-109.9
-52.1
-11.8
-27.8
-825.0
-0.9
7.6
330.4
-453.3
30.0
-503.2
-0.7
333.0
-82.0
-140.9
-12.4
-1370.0
22
23
24
25
26
27
0.0
-3.3
-2.0
21.5
0.0
0.7
-1.0
102.5
0.0
0.0
-1.1
60.3
0.0
-0.1
0.9
-59.1
0.0
0.6
0.7
61.3
0.0
-45.9
-0.3
58.1
0.0
98.8
-0.3
23.5
0.0
3.8
0.0
39.6
0.0
-54.2
3.2
124.0
0.0
-44.3
-5.5
9.1
0.0
96.2
2.4
-18.3
28
29
30
31
6243.3
-43.5
2843.6
4584.4
4721.5
3868.9
3962.2
3938.5
7116.2
8273.4
6868.3
32
2
3
4
5
21
22
23
24
25
26
27
28
29
30
31
32
Summary
1
2
3
4
5
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
6
7
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
53499.1
53413.3
53792.9
54917.4
56904.3
55359.9
55591.7
56165.7
56904.3
57387.4
57562.9
34689.2
35634.5
37040.0
38418.3
40280.0
38866.1
39260.7
39597.7
40280.0
40721.9
40938.4
13805.8
7573.3
4093.2
13533.9
7342.2
3984.5
13196.8
7473.3
3946.3
13017.0
7991.0
3971.4
12979.7
8686.9
4039.6
12943.5
8107.3
3977.1
12983.7
8241.8
3991.7
12886.7
8438.7
4007.2
12979.7
8686.9
4039.6
12925.1
8825.9
4045.9
12932.5
9026.7
4080.0
3
4
5
2855.4
6361.5
2968.4
7805.4
3038.0
9385.6
2985.3
10453.6
2980.0
11593.7
2986.3
10851.9
2993.3
11050.1
2985.3
11279.9
2980.0
11593.7
2994.8
11930.1
2986.4
11912.9
6
7
1708.8
2090.3
2267.2
2452.9
2712.0
2503.4
2496.5
2615.9
2712.0
2791.5
2722.2
Financial sectors
17101.1
15688.5
14485.7
14046.3
13912.2
13990.4
13834.5
13952.1
13912.2
13874.0
13902.3
990.3
0.0
40.6
718.1
0.0
26.5
942.6
0.0
26.1
868.7
0.0
24.2
840.3
0.0
25.1
840.8
0.0
22.9
844.7
0.0
23.7
822.2
0.0
24.4
840.3
0.0
25.1
820.7
0.0
22.2
848.4
0.0
23.5
10
11
12
10
11
12
13
14
15
54.9
3181.9
4961.4
48.3
2706.6
5376.7
45.1
6434.5
1139.5
46.8
6247.3
1304.8
51.6
6092.7
1437.0
48.5
6178.6
1329.9
52.4
6139.8
1377.3
52.4
6111.5
1408.0
51.6
6092.7
1437.0
52.9
6103.5
1462.7
54.5
6137.6
1485.8
13
14
15
16
17
18
ABS issuers
Finance companies
REITs
4101.0
1200.3
367.4
3287.6
1044.1
317.4
2230.9
1280.7
315.2
1984.1
1262.6
343.4
1768.1
1208.9
386.3
1924.2
1251.5
350.1
1863.0
1235.6
364.4
1801.4
1246.0
371.2
1768.1
1208.9
386.3
1708.6
1190.8
386.1
1668.1
1193.1
393.6
16
17
18
19
20
21
142.6
807.9
1252.8
92.9
1253.7
816.8
129.7
1237.2
704.2
91.8
1220.8
651.8
90.2
1418.6
593.5
98.0
1303.9
642.0
102.1
1213.9
617.4
85.8
1428.7
600.5
90.2
1418.6
593.5
89.1
1412.4
625.0
103.1
1375.0
619.7
19
20
21
53499.1
53413.3
53792.9
54917.4
56904.3
55359.9
55591.7
56165.7
56904.3
57387.4
57562.9
22
7426.9
8132.3
8552.5
8109.2
8263.9
8039.6
8117.2
8190.7
8263.9
8234.2
8228.6
23
22
23
24
25
26
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
5158.7
213.7
95.8
5589.0
223.7
89.1
5847.6
230.1
95.8
5467.4
224.8
96.9
5575.2
234.3
98.0
5414.7
215.4
97.0
5447.1
224.9
97.2
5482.2
238.2
97.4
5575.2
234.3
98.0
5535.8
194.1
98.4
5505.7
210.6
99.0
24
25
26
27
28
1561.4
397.2
1524.1
706.3
1584.8
794.3
1504.0
816.2
1437.9
918.4
1484.4
828.1
1490.8
857.2
1474.2
898.6
1437.9
918.4
1440.4
965.5
1432.6
980.7
27
28
29
7523.7
7723.4
8491.8
9029.7
9608.7
9176.8
9232.3
9500.4
9608.7
9738.9
9519.4
29
30
Financial sectors
38548.5
37557.5
36748.5
37778.6
39031.7
38143.5
38242.2
38474.6
39031.7
39414.3
39814.9
30
31
32
33
34
35
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
986.0
9442.9
1063.8
90.9
701.1
1987.7
9131.1
777.9
88.1
734.6
2259.2
9341.5
747.1
68.9
758.6
2635.6
9468.4
784.9
64.0
796.2
2670.1
9815.1
784.1
63.9
842.3
2613.4
9462.8
775.5
63.9
814.6
2610.9
9564.3
760.4
62.7
829.1
2565.1
9622.3
778.3
62.0
837.8
2670.1
9815.1
784.1
63.9
842.3
2939.8
9789.9
766.9
63.6
855.1
3214.2
9853.0
752.1
63.6
867.1
31
32
33
34
35
36
37
853.4
2882.8
886.7
3022.6
890.6
3174.2
926.8
3297.9
924.3
3371.5
923.4
3333.6
920.6
3307.7
920.9
3349.5
924.3
3371.5
929.4
3397.7
930.4
3407.6
36
37
38
39
40
782.7
823.0
123.3
795.5
737.2
130.7
918.6
759.3
141.5
991.8
759.6
161.6
1003.7
757.6
175.5
1002.4
767.6
163.0
1006.3
760.7
167.2
1004.8
751.6
169.5
1003.7
757.6
175.5
1010.6
763.1
173.3
1027.0
780.7
173.7
38
39
40
41
42
43
44
2689.9
2229.2
130.4
57.1
2070.0
2616.3
141.1
103.0
1673.4
2969.9
146.3
132.7
1663.6
3329.3
144.5
178.8
1580.9
3981.3
156.1
231.1
1600.7
3540.0
147.4
195.1
1528.4
3699.5
148.7
213.5
1520.2
3851.6
152.4
221.1
1580.9
3981.3
156.1
231.1
1562.8
4187.5
163.7
238.2
1550.9
4250.8
168.5
241.4
41
42
43
44
45
46
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
3037.5
4961.4
2714.4
5376.7
6360.5
1139.5
6158.2
1304.8
5935.1
1437.0
6121.9
1329.9
6033.0
1377.3
5971.7
1408.0
5935.1
1437.0
5920.4
1462.7
5976.0
1485.8
45
46
47
48
49
ABS issuers
Finance companies
REITs
4002.8
1734.4
177.6
3224.0
1516.7
168.9
2179.1
1405.4
206.0
1936.5
1359.5
308.9
1727.0
1326.3
436.6
1878.9
1347.6
365.9
1820.6
1331.1
388.5
1760.0
1329.0
451.4
1727.0
1326.3
436.6
1668.5
1316.4
429.4
1631.8
1314.7
413.5
47
48
49
50
51
52
717.4
73.0
987.9
525.3
75.8
733.2
557.5
97.9
820.9
563.2
101.1
843.4
652.3
219.5
940.4
610.7
223.0
862.5
600.5
183.4
927.8
589.1
229.9
928.5
652.3
219.5
940.4
602.7
226.0
946.6
516.9
239.2
955.8
50
51
52
Summary
10
1
2
Domestic
By instrument
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
34689.2
35634.5
37040.0
38418.3
40280.0
38866.1
39260.7
39597.7
40280.0
40721.9
40938.4
34689.2
35634.5
37040.0
38418.3
40280.0
38866.1
39260.7
39597.7
40280.0
40721.9
40938.4
3
4
5
6
7
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Corporate bonds
131.5
6338.2
23.3
3517.2
3954.5
58.4
7781.9
23.5
3672.5
4366.2
82.9
9361.5
24.2
3772.1
4804.8
116.3
10428.3
25.3
3719.4
5215.6
130.3
11568.9
24.9
3714.4
5795.2
127.6
10827.5
24.4
3720.0
5346.4
132.1
11025.6
24.5
3732.4
5452.9
136.0
11255.5
24.4
3719.4
5599.7
130.3
11568.9
24.9
3714.4
5795.2
140.1
11905.5
24.6
3728.6
5937.7
147.2
11887.9
25.0
3721.1
6077.4
3
4
5
6
7
8
9
1852.6
1707.3
1500.2
1458.4
1465.5
1269.4
1542.6
1332.6
1746.4
1375.4
1585.7
1318.4
1685.6
1314.5
1645.7
1363.3
1746.4
1375.4
1744.0
1378.9
1787.2
1402.3
8
9
14513.3
11108.0
823.7
2446.9
134.7
2651.4
14219.9
10896.7
828.7
2348.4
146.0
2553.5
13611.4
10437.3
823.8
2196.2
154.1
2648.1
13280.9
10182.8
829.4
2101.6
167.2
2757.2
13000.2
9929.1
854.2
2043.9
173.0
2924.3
13167.0
10094.2
828.1
2076.0
168.6
2749.1
13094.2
10034.7
835.1
2054.3
170.1
2799.0
12994.4
9943.2
843.4
2036.3
171.5
2859.3
13000.2
9929.1
854.2
2043.9
173.0
2924.3
12938.1
9875.9
858.1
2029.5
174.5
2924.4
12924.1
9833.3
868.3
2046.4
176.0
2966.2
10
11
12
13
14
15
34689.2
35634.5
37040.0
38418.3
40280.0
38866.1
39260.7
39597.7
40280.0
40721.9
40938.4
16
13805.8
11666.5
7573.3
4093.2
13533.9
11326.7
7342.2
3984.5
13196.8
11419.6
7473.3
3946.3
13017.0
11962.5
7991.0
3971.4
12979.7
12726.5
8686.9
4039.6
12943.5
12084.4
8107.3
3977.1
12983.7
12233.6
8241.8
3991.7
12886.7
12445.8
8438.7
4007.2
12979.7
12726.5
8686.9
4039.6
12925.1
12871.8
8825.9
4045.9
12932.5
13106.6
9026.7
4080.0
17
18
19
20
2855.4
6361.5
2968.4
7805.4
3038.0
9385.6
2985.3
10453.6
2980.0
11593.7
2986.3
10851.9
2993.3
11050.1
2985.3
11279.9
2980.0
11593.7
2994.8
11930.1
2986.4
11912.9
21
22
1708.8
2090.3
2267.2
2452.9
2712.0
2503.4
2496.5
2615.9
2712.0
2791.5
2722.2
23
342.0
1237.3
107.9
21.6
401.3
1570.3
96.8
21.9
398.6
1731.3
115.1
22.1
345.1
1939.9
144.3
23.5
373.0
2140.7
165.5
32.8
362.6
1960.5
153.6
26.7
357.4
1946.5
164.8
27.8
366.7
2052.0
167.0
30.2
373.0
2140.7
165.5
32.8
407.4
2174.6
176.8
32.7
417.4
2088.8
183.2
32.8
24
25
26
27
36398.0
37724.8
39307.2
40871.1
42992.0
41369.5
41757.2
42213.6
42992.0
43513.4
43660.6
28
10
11
12
13
14
15
16
Mortgages
Home
Multifamily residential
Commercial
Farm
Consumer credit
By sector
17
18
19
20
Household sector
Nonfinancial business
Corporate
Noncorporate
21
22
23
24
25
26
27
28
By instrument
2
3
4
5
6
7
8
By sector
17101.1
15688.5
14485.7
14046.3
13912.2
13990.4
13834.5
13952.1
13912.2
13874.0
13902.3
1126.3
3181.9
4961.4
5977.9
678.2
2706.6
5376.7
5717.5
576.0
6434.5
1139.5
5321.8
507.9
6247.3
1304.8
4997.1
449.1
6092.7
1437.0
4986.4
504.3
6178.6
1329.9
5046.1
472.6
6139.8
1377.3
4946.7
454.6
6111.5
1408.0
5020.2
449.1
6092.7
1437.0
4986.4
453.8
6103.5
1462.7
4917.7
426.0
6137.6
1485.8
4860.0
2
3
4
5
789.5
900.5
163.5
424.7
617.9
166.9
373.7
473.2
167.1
399.9
413.1
176.2
338.7
416.6
191.8
362.6
390.2
178.8
299.7
413.3
185.0
365.3
404.4
188.0
338.7
416.6
191.8
333.9
409.7
192.8
347.6
452.9
192.5
6
7
8
17101.1
15688.5
14485.7
14046.3
13912.2
13990.4
13834.5
13952.1
13912.2
13874.0
13902.3
990.3
0.0
40.6
718.1
0.0
26.5
942.6
0.0
26.1
868.7
0.0
24.2
840.3
0.0
25.1
840.8
0.0
22.9
844.7
0.0
23.7
822.2
0.0
24.4
840.3
0.0
25.1
820.7
0.0
22.2
848.4
0.0
23.5
10
11
12
10
11
12
13
14
15
54.9
3181.9
4961.4
48.3
2706.6
5376.7
45.1
6434.5
1139.5
46.8
6247.3
1304.8
51.6
6092.7
1437.0
48.5
6178.6
1329.9
52.4
6139.8
1377.3
52.4
6111.5
1408.0
51.6
6092.7
1437.0
52.9
6103.5
1462.7
54.5
6137.6
1485.8
13
14
15
16
17
18
ABS issuers
Finance companies
REITs
4101.0
1200.3
367.4
3287.6
1044.1
317.4
2230.9
1280.7
315.2
1984.1
1262.6
343.4
1768.1
1208.9
386.3
1924.2
1251.5
350.1
1863.0
1235.6
364.4
1801.4
1246.0
371.2
1768.1
1208.9
386.3
1708.6
1190.8
386.1
1668.1
1193.1
393.6
16
17
18
19
20
21
142.6
807.9
1252.8
92.9
1253.7
816.8
129.7
1237.2
704.2
91.8
1220.8
651.8
90.2
1418.6
593.5
98.0
1303.9
642.0
102.1
1213.9
617.4
85.8
1428.7
600.5
90.2
1418.6
593.5
89.1
1412.4
625.0
103.1
1375.0
619.7
19
20
21
Summary
11
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
53499.1
53413.3
53792.9
54917.4
56904.3
55359.9
55591.7
56165.7
56904.3
57387.4
57562.9
1599.8
6338.2
8166.7
3517.2
11169.7
1138.0
7781.9
8106.8
3672.5
11654.0
1057.6
9361.5
7598.2
3772.1
11857.9
969.3
10428.3
7577.4
3719.4
12152.6
952.4
11568.9
7554.6
3714.4
12922.2
994.4
10827.5
7533.0
3720.0
12353.0
962.0
11025.6
7541.7
3732.4
12346.1
957.3
11255.5
7543.9
3719.4
12671.9
952.4
11568.9
7554.6
3714.4
12922.2
1001.2
11905.5
7590.8
3728.6
13030.0
990.6
11887.9
7648.4
3721.1
13026.2
2
3
4
5
6
2750.0
2629.3
14676.8
2651.4
2021.7
2098.1
14386.7
2553.5
1954.3
1764.7
13778.5
2648.1
2086.8
1769.3
13457.1
2757.2
2250.6
1824.8
13191.9
2924.3
2101.9
1735.3
13345.8
2749.1
2150.1
1755.5
13279.2
2799.0
2178.0
1797.8
13182.5
2859.3
2250.6
1824.8
13191.9
2924.3
2254.7
1821.2
13130.9
2924.4
2318.1
1888.0
13116.5
2966.2
7
8
9
10
Memo:
Selected claims not included above:
11
Corporate equities
12
Mutual fund shares
15640.5
5388.0
20085.5
6920.7
23565.4
7873.0
23087.7
7870.9
26445.3
9323.6
25544.0
8797.4
24577.8
8653.4
26210.7
9131.0
26445.3
9323.6
28943.2
10087.4
29410.6
10221.8
11
12
2
3
4
5
6
7
8
9
10
Total
2009
53499.1
53413.3
53792.9
54917.4
56904.3
55359.9
55591.7
56165.7
56904.3
57387.4
57562.9
74.2
2.2
26.6
946.7
1922.9
175.1
5.2
26.2
835.9
1325.6
175.8
5.2
25.9
826.6
1189.3
183.8
5.2
25.9
780.3
2016.0
181.8
5.2
25.9
750.1
1831.4
184.5
5.2
25.9
765.0
2027.5
181.7
5.2
25.9
737.1
1999.3
184.7
5.2
25.9
772.3
1934.8
181.8
5.2
25.9
750.1
1831.4
175.5
5.2
25.9
774.3
2253.6
174.5
5.2
25.9
861.9
2715.7
2
3
4
5
6
7
8
9
10
11
2101.3
5749.3
2191.6
3757.3
1262.5
2093.4
6326.5
1989.8
3258.6
1496.9
2359.8
6624.9
1807.5
2755.4
1276.0
2594.3
7202.2
1603.0
2642.5
1148.0
2857.8
7803.9
1508.5
2649.6
1122.9
2520.5
7410.5
1504.3
2535.5
1194.6
2594.3
7456.9
1511.1
2467.9
1181.9
2640.4
7595.4
1485.0
2506.9
1149.0
2857.8
7803.9
1508.5
2649.6
1122.9
2878.1
7869.1
1491.0
2554.0
1126.9
2898.4
7890.8
1527.7
2541.9
1054.7
7
8
9
10
11
12
13
14
15
5388.0
1128.5
1179.8
14061.8
6920.7
1091.2
1242.1
15205.4
7873.0
1214.8
1278.3
16745.0
7870.9
1312.6
1352.0
17115.2
9323.6
1512.5
1359.0
18075.1
8797.4
1375.5
1366.9
17641.6
8653.4
1410.2
1342.3
17588.7
9131.0
1482.4
1353.2
17928.7
9323.6
1512.5
1359.0
18075.1
10087.4
1492.1
1370.0
18560.9
10221.8
1511.5
1374.6
18736.6
12
13
14
15
16
17
18
Trade payables
Taxes payable
Miscellaneous
3226.9
44.0
22593.5
3214.9
40.6
22503.3
3441.4
53.1
23297.3
3494.2
74.0
24014.4
3670.3
81.4
24701.5
3548.7
84.5
24185.4
3606.0
82.1
24231.6
3645.6
92.5
24574.0
3670.3
81.4
24701.5
3718.2
99.4
24613.6
3740.3
77.4
24591.6
16
17
18
19
Total liabilities
119155.9 121164.5 124742.1 128352.1 134364.8 130533.5 130667.3 132672.9 134364.8 136482.6 137513.5
19
2
3
4
5
6
23
24
25
26
27
28
29
30
31
32
33
11.0
15640.5
7556.4
11.0
20085.5
6324.1
11.0
23565.4
7019.1
11.0
23087.7
7528.4
11.0
26445.3
8186.3
11.0
25544.0
7625.1
11.0
24577.8
7744.5
11.0
26210.7
8018.4
11.0
26445.3
8186.3
11.0
28943.2
8205.9
11.0
29410.6
8373.8
20
21
22
-12.1
779.5
-17.5
-16.5
657.0
5.1
-17.6
630.4
23.8
-18.3
655.6
26.4
-18.8
648.4
54.0
-18.5
657.2
30.0
-18.6
649.5
17.0
-18.7
675.8
64.9
-18.8
648.4
54.0
-19.0
650.3
83.2
-19.2
733.5
54.4
23
24
25
130.1
-193.3
-7931.4
507.8
-204.4
-7909.2
397.6
-195.9
-8515.7
273.7
238.6
127.1
101.1
19.9
-11.9
-181.5
-187.4
-176.5
-189.0
-176.1
-206.0
-9760.2 -10223.6 -10146.0 -10604.3 -10563.9 -10916.0
26
27
28
0.0
1.2
5.3
138.5
0.0
2.0
4.2
241.0
0.0
2.5
3.2
305.0
282.9
101.1
-188.8
-189.0
-9715.4 -10604.3
0.0
2.5
4.1
245.9
0.0
2.3
4.7
304.8
0.0
2.9
3.7
193.3
0.0
3.4
3.8
168.9
0.0
3.2
3.7
185.1
0.0
2.3
4.7
304.8
0.0
1.5
3.1
242.2
0.0
1.1
3.8
205.7
29
30
31
32
148187.2 153166.6 161355.4 166069.3 177216.7 171112.3 170827.1 174741.2 177216.7 182096.0 184168.4
33
Summary
12
2009
2010
2011
2012
2012
Q1
1
2
3
4
5
6
7
8
9
10
11
12
Nonresidential
Household sector (nonprofit organizations)
Nonfinancial corporate business
Nonfinancial noncorporate business
Financial institutions
13
14
15
16
17
Residential
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
REITs
Q2
2013
Q3
Q4
Q1
Q2
14720.3
14417.9
14958.3
15533.8
16244.6
16041.6
16160.4
16356.0
16420.3
16535.3
16667.9
10005.5
9842.9
10201.9
10711.8
11149.6
11019.1
11100.2
11193.6
11285.5
11379.2
11429.9
1102.3
2273.4
6629.8
1023.3
2175.1
6644.5
1070.7
2292.1
6839.1
1129.9
2472.8
7109.1
1202.7
2567.0
7379.9
1184.3
2545.0
7289.7
1189.3
2549.2
7361.8
1206.5
2578.4
7408.7
1230.7
2595.4
7459.4
1244.8
2607.0
7527.4
1257.2
2591.9
7580.8
3
4
5
2424.8
1878.1
2100.8
2232.1
2475.2
2453.6
2454.0
2493.3
2499.9
2555.1
2626.1
2456.8
2025.7
2039.3
2195.7
2409.1
2350.7
2387.1
2411.7
2486.9
2491.7
2541.1
1941.0
155.1
1365.8
223.8
196.2
1633.4
147.1
1136.6
182.9
166.9
1658.2
134.1
1176.5
184.9
162.8
1809.9
139.6
1296.0
199.1
175.2
1970.0
143.8
1420.2
212.5
193.4
1932.3
144.1
1392.5
205.4
190.3
1961.4
144.1
1413.6
212.1
191.5
1968.0
142.8
1419.5
213.0
192.7
2018.2
144.1
1455.3
219.6
199.1
2001.4
145.7
1442.6
210.0
203.1
2029.3
146.3
1462.6
216.7
203.8
8
9
10
11
12
515.9
425.3
6.8
83.7
0.1
392.2
321.0
5.5
65.8
-0.1
381.1
318.3
-0.1
58.3
4.7
385.8
317.1
3.0
59.5
6.3
439.1
354.3
13.3
66.2
5.3
418.4
338.7
10.6
64.2
4.9
425.7
343.5
11.2
64.6
6.4
443.7
357.4
14.6
66.6
5.1
468.8
377.7
16.9
69.4
4.9
490.3
392.1
21.7
71.6
4.9
511.7
410.8
23.9
74.9
2.2
13
14
15
16
17
18
19
20
-32.0
-31.6
-0.4
-147.6
-139.0
-8.5
61.5
63.7
-2.2
36.4
39.1
-2.7
66.1
71.0
-4.9
102.9
97.8
5.1
66.8
68.7
-1.9
81.6
94.3
-12.7
13.0
23.3
-10.3
63.4
33.0
30.5
85.0
51.2
33.8
18
19
20
21
-713.2
-392.2
-518.5
-568.7
-547.2
-590.8
-557.9
-524.4
-515.8
-523.1
-506.1
21
22
23
Exports
- Imports
1843.1
2556.4
1583.8
1976.0
1843.5
2362.0
2101.1
2669.9
2195.9
2743.1
2173.4
2764.2
2197.4
2755.3
2199.2
2723.5
2213.7
2729.5
2214.2
2737.3
2242.2
2748.3
22
23
3003.2
3089.1
3174.0
3158.7
3167.0
3159.7
3164.1
3193.5
3150.7
3124.1
3118.0
24
2368.6
879.8
1488.7
2442.1
933.7
1508.4
2522.2
1003.9
1518.3
2526.1
1008.7
1517.4
2548.0
1011.7
1536.4
2542.3
1009.3
1533.0
2538.8
1007.4
1531.3
2572.9
1036.1
1536.8
2538.1
993.9
1544.3
2525.3
982.3
1543.0
2518.1
975.9
1542.2
25
26
27
634.6
275.8
358.8
647.0
284.0
363.0
651.8
300.0
351.9
632.6
295.4
337.2
619.0
284.0
334.9
617.3
282.4
334.9
625.3
286.4
339.0
620.6
286.0
334.6
612.5
281.4
331.2
598.8
272.7
326.1
599.9
276.8
323.1
28
29
30
173.0
856.8
683.8
147.2
643.7
496.5
206.0
720.0
514.1
260.8
802.8
542.1
252.8
818.6
565.7
248.0
818.0
570.0
258.7
814.4
555.7
247.6
812.0
564.4
257.0
829.8
572.8
237.4
813.3
575.9
257.4
815.6
558.2
31
32
33
14893.2
14565.1
15164.2
15794.6
16497.4
16289.6
16419.2
16603.7
16677.3
16772.7
16925.2
34
-11.0
17.6
13.8
-20.4
-0.0
-9.7
6.3
12.3
-8.9
0.0
-8.5
-1.1
10.6
-1.0
-0.0
-8.3
-0.9
10.1
-0.9
-0.1
-8.4
-0.4
10.2
-1.4
0.0
-8.5
-0.4
10.3
-1.4
0.0
-8.5
-0.5
10.3
-1.3
0.0
-8.5
-0.4
10.2
-1.4
0.0
-8.3
-0.4
10.1
-1.4
0.0
-8.1
-1.0
9.8
-0.6
-0.0
-7.9
-0.9
9.6
-0.8
0.0
35
36
37
38
39
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
(1) This table is based on NIPA table 1.1.5 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).
(2) Component of personal outlays, found on table F.100, line 4.
(3) Structures, equipment, and intellectual property products.
(4) Government inventory investment is included in consumption expenditures.
Summary
13
1
2
3
4
National Income
Compensation of employees
Wages and other labor income
Employer social insurance contributions
8
9
10
11
12
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
12430.8
12124.5
12739.5
13395.7
13971.6
13845.0
13875.3
13962.1
14204.0
14324.5
14447.6
8079.2
7607.9
471.3
7787.8
7329.7
458.1
7967.3
7497.9
469.4
8278.5
7784.1
494.4
8611.6
8097.3
514.3
8514.3
8004.4
509.9
8553.8
8042.6
511.2
8591.0
8078.8
512.2
8787.4
8263.4
524.0
8748.3
8222.5
525.8
8811.7
8283.1
528.6
2
3
4
1026.5
973.0
1032.7
1155.1
1224.9
1214.4
1217.8
1220.0
1247.5
1334.6
1333.3
262.1
333.7
402.8
484.4
541.2
524.8
537.8
546.7
555.4
574.9
587.7
1285.1
1392.6
1740.6
1877.7
2009.5
1979.9
1998.4
2012.3
2047.2
2020.6
2098.9
1345.5
1474.8
1793.8
1791.3
2180.0
2142.5
2169.8
2186.6
2221.1
2180.0
2260.0
1382.4
880.3
95.4
406.7
1468.2
752.5
362.9
352.8
1834.8
1034.3
405.3
395.2
1847.4
1026.7
384.1
436.6
2190.0
1293.7
477.4
418.9
2162.1
1283.7
462.5
415.9
2160.0
1282.9
447.7
429.3
2208.5
1288.8
507.2
412.5
2229.5
1319.4
492.1
418.1
2193.1
1307.7
486.9
398.5
2249.0
1335.2
501.8
412.1
9
10
11
12
309.1
227.4
81.7
269.4
177.8
91.6
370.6
220.6
150.0
374.2
222.3
151.9
434.8
256.9
177.8
437.2
252.5
184.6
429.7
257.8
171.9
439.1
249.1
190.0
433.2
268.4
164.8
408.2
266.6
141.7
418.7
266.7
152.0
13
14
15
13
14
15
Less:
Taxes on corporate income
Domestic nonfinancial
Domestic financial
16
17
18
19
20
Equals:
Profits after tax
Net dividends
Domestic nonfinancial
Domestic financial
Rest of the world
1073.3
808.6
474.2
153.9
180.5
1198.7
568.7
351.7
105.1
111.9
1464.3
563.9
375.5
67.1
121.4
1473.1
701.6
440.3
104.8
156.4
1755.2
770.3
478.8
134.8
156.8
1724.9
727.4
456.0
113.1
158.3
1730.3
739.6
457.5
115.0
167.1
1769.4
746.7
461.2
116.1
169.4
1796.4
867.6
540.4
194.9
132.3
1784.8
763.8
483.3
133.3
147.2
1830.4
1037.6
652.2
206.4
179.0
16
17
18
19
20
21
22
23
24
Undistributed profits
Domestic nonfinancial
Domestic financial
Rest of the world
264.7
178.7
-140.2
226.2
630.0
222.9
166.1
240.9
900.3
438.3
188.3
273.8
771.6
364.1
127.3
280.1
984.9
558.0
164.7
262.2
997.5
575.2
164.7
257.5
990.7
567.6
160.8
262.2
1022.7
578.5
201.1
243.1
928.7
510.6
132.3
285.8
1021.0
557.8
212.0
251.3
792.8
416.3
143.4
233.1
21
22
23
24
25
-37.0
6.7
-41.0
-56.0
-10.0
-19.5
9.8
-22.0
-8.4
-13.0
11.0
25
26
27
28
-60.4
-29.1
-31.4
-82.2
-41.1
-41.2
-53.3
-15.2
-38.1
86.4
114.9
-28.5
-170.5
-115.1
-55.4
-162.7
-108.5
-54.1
-171.4
-116.1
-55.3
-174.2
-118.4
-55.9
-173.9
-117.6
-56.3
-159.5
-104.3
-55.2
-161.1
-105.4
-55.7
26
27
28
29
30
31
32
33
693.4
563.1
489.4
456.9
439.6
453.9
419.0
455.3
430.3
477.0
449.0
29
1041.9
52.6
116.4
-21.2
1026.1
58.3
127.2
-20.6
1057.1
55.9
128.5
-22.9
1097.1
60.0
129.6
-23.8
1122.9
57.3
106.9
-27.7
1124.4
57.8
115.7
-24.5
1122.2
57.6
110.0
-26.1
1118.8
56.0
102.6
-28.5
1126.3
57.7
99.5
-31.8
1140.7
58.0
121.9
-35.5
1139.2
58.8
125.7
-38.9
30
31
32
33
12430.8
12124.5
12739.5
13395.7
13971.6
13845.0
13875.3
13962.1
14204.0
14324.5
14447.6
34
Plus:
35 Private consumption of fixed capital
36 Government consumption of fixed capital
37 Statistical discrepancy
1936.9
426.5
99.0
1925.7
442.7
72.2
1923.5
458.1
43.1
1974.4
478.1
-53.6
2049.3
493.6
-17.0
2018.7
488.9
-63.0
2041.0
492.7
10.1
2059.8
495.3
86.4
2077.6
497.4
-101.7
2103.3
500.5
-155.6
2128.9
503.5
-154.8
35
36
37
173.0
147.2
206.0
260.8
252.8
248.0
258.7
247.6
257.0
237.4
257.4
38
14720.3
14417.9
14958.3
15533.8
16244.6
16041.6
16160.4
16356.0
16420.3
16535.3
16667.9
39
Memo:
Calculation of Gross Domestic Product
from National Income: (2)
34
38
Less:
Net U.S. income receipts from rest of the world
39
Equals:
Gross Domestic Product
(1) This table corresponds to NIPA table 1.12 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).
(2) The relationship of National Income to Gross Domestic Product is shown on NIPA table 1.7.5 in the Survey of Current Business, Bureau of Economic Analysis.
Summary
14
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
Gross saving
2281.9
2071.7
2255.0
2461.4
2672.2
2645.0
2624.6
2606.4
2812.8
2871.5
2976.9
2
3
4
5
6
7
8
9
10
Net saving
Net private saving
Domestic business
Nonfinancial corporate business
Financial business
Households and institutions
Net government saving
Federal
State and local
-81.5
718.7
167.3
296.7
-129.4
551.3
-800.2
-635.1
-165.1
-296.6
1225.1
554.4
382.1
172.3
670.7
-1521.7
-1249.8
-271.9
-126.6
1440.2
806.0
598.6
207.4
634.2
-1566.8
-1329.5
-237.3
8.8
1470.2
801.9
648.8
153.1
668.2
-1461.3
-1248.3
-213.1
129.3
1491.7
804.3
647.8
156.5
687.4
-1362.3
-1109.7
-252.7
137.4
1472.6
815.3
643.8
171.5
657.3
-1335.1
-1094.0
-241.1
90.9
1493.0
829.1
651.0
178.1
663.9
-1402.1
-1146.9
-255.2
51.2
1430.6
826.5
642.6
183.9
604.1
-1379.4
-1119.3
-260.1
237.8
1570.5
746.4
653.8
92.6
824.1
-1332.7
-1078.5
-254.2
267.6
1350.5
848.5
670.0
178.6
502.0
-1082.9
-853.1
-229.8
344.5
1199.5
642.6
689.4
-46.8
556.9
-855.0
-656.4
-198.7
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
2363.4
1936.9
1522.3
1093.9
254.5
173.9
414.6
426.5
226.3
200.2
2368.4
1925.7
1522.4
1092.0
253.0
177.4
403.3
442.7
234.5
208.2
2381.6
1923.5
1523.0
1094.6
251.8
176.7
400.5
458.1
245.3
212.7
2452.6
1974.4
1571.6
1135.8
256.8
179.0
402.9
478.1
256.5
221.7
2542.9
2049.3
1639.4
1188.2
264.5
186.6
409.9
493.6
262.3
231.4
2507.6
2018.7
1613.9
1168.8
261.5
183.7
404.8
488.9
260.4
228.5
2533.7
2041.0
1633.7
1184.1
263.6
186.0
407.2
492.7
261.9
230.8
2555.1
2059.8
1648.4
1195.2
265.6
187.6
411.4
495.3
262.9
232.4
2575.0
2077.6
1661.4
1204.7
267.6
189.2
416.2
497.4
263.7
233.7
2603.8
2103.3
1680.6
1218.5
270.5
191.5
422.7
500.5
265.6
234.9
2632.4
2128.9
1699.0
1231.5
273.5
194.0
429.9
503.5
266.9
236.6
11
12
13
14
15
16
17
18
19
20
21
2380.9
2144.0
2298.1
2407.7
2655.2
2582.1
2634.7
2692.8
2711.1
2715.9
2822.1
21
22
23
24
25
26
27
28
29
30
31
3059.4
2424.8
1844.4
1341.1
307.1
196.2
580.4
634.6
275.8
358.8
2525.1
1878.1
1410.0
1002.9
240.2
166.9
468.1
647.0
284.0
363.0
2752.6
2100.8
1648.4
1244.7
241.0
162.8
452.4
651.8
300.0
351.9
2864.7
2232.1
1775.4
1344.4
255.8
175.2
456.7
632.6
295.4
337.2
3094.2
2475.2
1977.1
1509.9
273.8
193.4
498.1
619.0
284.0
334.9
3071.0
2453.6
1970.8
1500.3
280.1
190.3
482.8
617.3
282.4
334.9
3079.3
2454.0
1966.3
1500.2
274.7
191.5
487.6
625.3
286.4
339.0
3113.9
2493.3
1993.1
1536.0
264.4
192.7
500.2
620.6
286.0
334.6
3112.5
2499.9
1978.2
1503.1
276.0
199.1
521.8
612.5
281.4
331.2
3153.9
2555.1
2017.4
1495.1
319.2
203.1
537.7
598.8
272.7
326.1
3226.0
2626.1
2069.0
1537.9
327.3
203.8
557.1
599.9
276.8
323.1
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
-5.4
-53.2
-49.9
13.9
-3.3
-60.5
-3.3
47.8
97.2
-49.4
0.6
-121.4
-83.4
44.6
-6.0
-121.9
-38.1
122.0
177.4
-55.4
0.7
-58.5
-29.4
19.8
-7.8
-41.5
-29.1
59.2
125.3
-66.2
1.7
-47.4
-41.3
-7.3
-1.6
-32.4
-6.2
49.1
112.9
-63.8
-6.6
-26.0
-12.4
-17.1
-4.9
9.6
-13.6
19.5
83.3
-63.9
0.4
-26.6
-25.2
-6.4
-0.0
-18.9
-1.3
27.0
87.3
-60.3
1.4
-8.1
-8.0
-8.0
-0.0
-0.1
-0.1
9.5
71.2
-61.7
2.3
-7.4
-9.4
-9.3
-0.0
0.0
2.0
9.6
72.6
-63.0
-30.3
-62.0
-7.1
-44.8
-19.7
57.3
-54.9
31.7
102.1
-70.4
0.5
-3.3
-10.7
-10.7
0.0
0.0
7.4
3.8
65.2
-61.4
0.4
1.5
-6.6
-6.6
0.0
0.0
8.1
-1.2
57.6
-58.8
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
-673.1
382.9
-5.8
134.7
-49.3
-91.2
388.8
-1056.1
-781.8
-274.3
-381.7
1466.3
822.4
498.9
18.8
304.7
643.9
-1848.0
-1476.7
-371.4
-455.2
1364.6
753.2
471.8
18.6
262.8
611.4
-1819.8
-1509.5
-310.3
-458.6
1206.3
585.7
393.9
2.5
189.3
620.6
-1664.9
-1400.1
-264.8
-432.4
1074.7
462.0
326.2
-4.3
140.2
612.7
-1507.1
-1214.8
-292.4
-489.3
1001.2
420.6
255.6
-18.7
183.7
580.6
-1490.5
-1203.3
-287.2
-445.9
1098.2
514.7
353.1
-11.1
172.7
583.6
-1544.2
-1242.5
-301.7
-423.4
1090.9
577.7
397.6
1.2
178.9
513.3
-1514.3
-1215.0
-299.3
-371.1
1108.4
335.1
298.4
11.2
25.4
773.4
-1479.5
-1198.3
-281.2
-438.5
746.4
366.8
248.5
-48.6
167.0
379.6
-1184.9
-925.4
-259.6
-404.3
546.0
124.4
234.8
-53.8
-56.6
421.6
-950.3
-723.9
-226.4
42
43
44
45
46
47
48
49
50
51
52
99.0
72.2
43.1
-53.6
-17.0
-63.0
10.1
86.4
-101.7
-155.6
-154.8
52
19.1
19.1
10.8
8.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
45.9
38.3
17.5
20.9
7.6
0.0
7.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
183.7
153.3
69.9
83.5
30.4
0.0
30.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
53
54
55
56
57
58
59
53
54
55
56
57
58
59
Addenda:
Disaster losses
Private
Domestic business
Households and institutions
Government
Federal
State and local
(1) This table is based on NIPA table 5.1 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov). It is consistent with the Integrated Macroeconomic Accounts of the
United States jointly compiled by the Federal Reserve Board and the Bureau of Economic Analysis.
(2) Consists of net capital transfers shown on table F.9 and the acquisition of nonproduced nonfinancial assets (net) shown on table F.6.
(3) Differs from net lending or net borrowing (capital account) in the Integrated Macroeconomic Accounts of the United States by the statistical discrepancy (line 52).
15
Summary
2009
2010
2011
2012
2012
Q1
1
2
3
4
5
6
7
Q2
2013
Q3
Q4
Q1
Q2
193.5
272.2
186.7
137.9
139.8
118.1
104.0
108.3
228.6
106.1
99.2
7.6
7.6
7.6
0.0
0.0
0.0
40.4
0.0
0.0
0.0
40.4
0.0
25.8
0.0
0.0
0.0
25.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
14.3
14.3
14.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
57.3
57.3
57.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2
3
4
5
6
7
145.9
145.9
57.6
2.8
67.7
0.1
16.9
0.8
0.0
0.0
206.9
206.9
63.4
0.0
121.9
8.1
12.9
0.6
0.0
0.0
141.4
141.4
72.1
0.0
41.5
12.7
14.5
0.7
0.0
0.0
123.4
123.4
69.0
0.0
32.4
8.0
12.4
1.6
0.0
0.0
98.7
98.7
66.5
7.6
4.7
8.2
10.6
1.1
0.0
0.0
100.9
100.9
65.7
0.0
18.9
6.0
10.0
0.4
0.0
0.0
85.7
85.7
67.1
0.0
0.1
7.4
9.8
1.4
0.0
0.0
88.7
88.7
68.3
0.0
0.0
9.0
9.2
2.3
0.0
0.0
119.6
119.6
65.0
30.6
0.0
10.2
13.4
0.4
0.0
0.0
83.4
83.4
66.2
0.0
0.0
9.6
7.2
0.4
0.0
0.0
76.2
76.2
63.2
0.0
0.0
5.7
6.9
0.4
0.0
0.0
8
9
10
11
12
13
14
15
16
17
8
9
10
11
12
13
14
15
16
17
By government
Federal
Investment grants to state and local govts.
Disaster-related insurance benefits
Financial stabilization payments
Other capital transfers paid to business
Other capital transfers paid to persons
Capital transfers paid to the rest of the world (net)
State and local
Disaster-related insurance benefits
18
19
20
By persons
Estate and gift taxes, federal
Estate and gift taxes, state and local
33.9
28.3
5.6
24.9
20.6
4.3
19.5
15.1
4.4
14.5
9.6
4.9
19.0
14.1
4.9
17.2
12.2
4.9
18.2
13.3
4.9
19.6
14.7
4.9
21.0
16.1
4.9
22.6
17.6
5.0
23.0
17.8
5.2
18
19
20
21
22
23
6.2
6.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.7
7.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
30.7
30.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
21
22
23
24
193.5
272.2
186.7
137.9
139.8
118.1
104.0
108.3
228.6
106.1
99.2
24
25
26
27
28
29
30
31
32
33
34
By private business
Financial corporations
Disaster-related insurance benefits
Other
Nonfinancial corporations
Disaster-related insurance benefits
Other
Noncorporate business
Disaster-related insurance benefits
Other
75.0
68.1
0.4
67.7
3.7
3.6
0.1
3.3
3.3
0.0
130.0
121.9
0.0
121.9
2.1
0.0
2.1
6.0
0.0
6.0
54.2
41.5
0.0
41.5
4.9
0.0
4.9
7.8
0.0
7.8
40.4
32.4
0.0
32.4
6.4
0.0
6.4
1.6
0.0
1.6
26.3
4.7
0.0
4.7
16.7
8.5
8.1
4.9
4.9
0.0
24.8
18.9
0.0
18.9
6.0
0.0
6.0
0.0
0.0
0.0
7.5
0.1
0.0
0.1
7.4
0.0
7.4
0.0
0.0
0.0
9.0
0.0
0.0
0.0
9.0
0.0
9.0
0.0
0.0
0.0
64.1
0.0
0.0
0.0
44.4
34.2
10.2
19.7
19.6
0.0
9.6
0.0
0.0
0.0
9.6
0.0
9.6
0.0
0.0
0.0
5.7
0.0
0.0
0.0
5.7
0.0
5.7
0.0
0.0
0.0
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
By government
Federal
Estate and gift taxes paid by persons
State and local
Disaster-related insurance benefits
Estate and gift taxes paid by persons
Investment grants paid by federal government
Other
91.5
28.3
28.3
63.2
0.0
5.6
57.6
0.0
88.3
20.6
20.6
67.7
0.0
4.3
63.4
0.0
91.8
15.1
15.1
76.7
0.0
4.4
72.1
0.2
83.5
9.6
9.6
73.9
0.0
4.9
69.0
0.0
88.2
14.1
14.1
74.1
2.7
4.9
66.5
0.0
82.8
12.2
12.2
70.6
0.0
4.9
65.7
0.0
85.3
13.3
13.3
72.0
0.0
4.9
67.1
0.0
87.9
14.7
14.7
73.2
0.0
4.9
68.3
0.0
96.6
16.1
16.1
80.5
10.6
4.9
65.0
0.0
88.8
17.6
17.6
71.3
0.0
5.0
66.2
0.0
86.2
17.8
17.8
68.4
0.0
5.2
63.2
0.0
35
36
37
38
39
40
41
42
43
44
45
By persons
Disaster-related insurance benefits
Other
26.2
9.3
16.9
53.3
0.0
53.3
40.1
0.0
40.1
12.4
0.0
12.4
24.1
13.5
10.6
10.0
0.0
10.0
9.8
0.0
9.8
9.2
0.0
9.2
67.5
54.1
13.4
7.2
0.0
7.2
6.9
0.0
6.9
43
44
45
46
47
48
0.8
0.8
0.0
0.6
0.6
0.0
0.7
0.7
0.0
1.6
1.6
0.0
1.1
1.1
0.0
0.4
0.4
0.0
1.4
1.4
0.0
2.3
2.3
0.0
0.4
0.4
0.0
0.4
0.4
0.0
0.4
0.4
0.0
46
47
48
-67.5
-60.5
7.6
-29.7
-29.3
-0.4
-6.9
-3.2
-28.3
-3.7
-3.3
-89.6
-121.9
0.0
-18.2
-18.2
0.0
-87.1
-11.3
-5.3
38.3
-6.0
-28.3
-41.5
0.0
2.4
2.4
0.0
-40.2
-1.5
-2.2
20.9
-7.8
-40.4
-32.4
0.0
3.2
3.2
0.0
-31.9
-0.3
-3.4
-6.4
-1.6
-12.0
9.6
14.3
0.0
0.0
0.0
-4.7
0.0
0.0
-16.7
-4.9
-24.8
-18.9
0.0
0.0
0.0
0.0
-18.9
0.0
0.0
-6.0
-0.0
-7.5
-0.1
0.0
0.0
0.0
0.0
-0.1
0.0
0.0
-7.4
-0.0
-9.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-9.0
-0.0
-6.7
57.3
57.3
0.0
0.0
0.0
0.0
0.0
0.0
-44.4
-19.7
-9.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-9.6
0.0
-5.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-5.7
0.0
49
50
51
52
53
54
55
56
57
58
59
60
61
62
54.4
117.6
-63.2
118.6
186.3
-67.7
49.6
126.3
-76.7
39.9
113.8
-73.9
10.6
84.7
-74.1
18.1
88.7
-70.6
0.4
72.4
-72.0
0.8
74.0
-73.2
23.0
103.5
-80.5
-5.4
65.8
-71.3
-10.0
58.4
-68.4
60
61
62
63
7.7
-28.4
-20.6
2.1
-5.1
7.2
8.5
10.4
-46.5
15.5
16.0
63
64
5.4
-0.6
-0.7
-1.6
6.6
-0.4
-1.4
-2.3
30.3
-0.4
-0.4
64
(1) This table is based on NIPA table 5.11 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).
(2) Sum of lines 53, 55, 56, and 57 equals the negative of line 12. Series treated as capital losses rather than as capital transfers in the Financial Accounts of the United States.
Summary
16
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1100.8
593.8
854.5
1190.7
1089.5
549.1
1517.0
590.0
1701.9
1481.1
937.8
2
3
4
5
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
-23.7
250.5
189.2
202.4
-6.6
50.6
172.8
-267.6
-0.6
33.1
154.4
-183.7
-2.8
322.0
358.2
33.8
-1.8
95.6
413.9
-7.9
-3.7
67.5
462.1
-7.4
-6.7
-39.9
394.2
2.6
8.5
40.3
150.9
-20.5
-5.3
314.3
648.3
-6.4
5.8
142.1
146.3
30.8
21.0
-80.6
278.0
183.6
2
3
4
5
-182.2
-101.3
-2.4
159.8
218.9
47.0
-162.9
-303.0
-38.1
366.1
16.7
-2.8
535.2
-674.6
107.2
58.4
-8.5
334.5
73.8
-1.5
-3.3
405.4
-81.8
44.3
-329.6
-187.4
227.6
-210.5
-1.8
-2.7
-199.2
0.9
-64.8
127.6
-288.2
217.7
76.1
-0.3
-2.8
273.4
-141.9
-149.8
41.3
-363.0
419.2
-437.1
2.0
-1.4
116.0
-409.9
-123.1
-51.1
-320.9
351.3
825.1
-2.6
-2.1
631.8
36.0
-6.0
-17.4
10.4
175.0
-123.7
-0.4
-2.5
-13.0
-148.1
-233.6
-24.6
-436.1
734.7
40.1
-0.4
-5.0
358.8
-45.6
-236.3
258.3
-705.6
415.9
691.9
3.9
-2.5
37.5
-395.7
2.4
-28.3
93.8
980.8
-157.2
-18.4
-3.7
-185.2
-72.0
-32.0
-123.0
-181.2
458.4
6
7
8
9
10
11
12
13
14
61.7
538.0
23.7
427.4
9.0
614.7
86.9
473.0
-26.3
497.1
-46.6
464.5
-82.2
381.8
0.2
526.3
23.5
615.7
-20.2
463.9
7.8
477.4
15
16
57.8
-166.8
164.2
136.4
47.8
51.9
44.1
21.7
73.5
29.1
212.2
17
6
7
8
9
10
11
12
13
14
Securities
Open market paper
U.S. savings bonds
Treasury bills and other Treasury securities
Agency- and GSE-backed securities
Municipal securities
Corporate and foreign bonds
Corporate equities (2)
Mutual fund shares
15
16
17
18
19
20
21
22
23
1920.7
509.0
379.0
1044.2
-11.0
-0.4
1669.5
386.9
330.0
970.8
-9.7
-8.5
1689.9
376.5
319.0
1005.0
-8.5
-2.2
1765.4
376.5
338.7
1061.2
-8.3
-2.7
1887.0
420.5
356.3
1123.5
-8.4
-4.9
1855.4
402.9
349.5
1106.3
-8.5
5.1
1865.0
408.1
356.3
1111.0
-8.5
-1.9
1885.7
424.0
355.8
1127.1
-8.5
-12.7
1941.8
447.0
363.7
1149.7
-8.3
-10.3
2004.6
463.7
355.7
1162.9
-8.1
30.5
2049.0
485.7
363.0
1174.4
-7.9
33.8
18
19
20
21
22
23
24
25
26
27
1578.6
395.6
273.4
909.6
1576.8
377.9
278.4
920.6
1570.4
372.0
280.3
918.1
1599.0
369.4
290.2
939.4
1637.5
371.7
302.8
963.1
1617.0
366.1
299.9
951.0
1630.9
370.2
300.6
960.2
1644.8
373.6
303.5
967.8
1657.4
376.8
307.2
973.4
1644.1
381.5
312.1
950.6
1664.1
386.1
317.6
960.4
24
25
26
27
28
342.1
92.6
119.4
166.4
249.5
238.3
234.1
240.9
284.4
360.5
384.9
28
113.3
105.6
134.6
-11.0
-0.4
9.0
51.6
50.3
-9.7
-8.5
4.5
38.7
86.9
-8.5
-2.2
7.1
48.4
121.9
-8.3
-2.7
48.9
53.6
160.4
-8.4
-4.9
36.8
49.6
155.3
-8.5
5.1
38.0
55.7
150.8
-8.5
-1.9
50.4
52.4
159.3
-8.5
-12.7
70.2
56.6
176.2
-8.3
-10.3
82.2
43.6
212.3
-8.1
30.5
99.6
45.4
214.0
-7.9
33.8
29
30
31
32
33
303.7
-244.7
-296.6
-140.9
169.9
42.4
162.2
-35.5
510.4
6.5
154.0
34
-105.1
230.8
34.8
5.9
-160.7
298.0
-198.9
33.3
-103.7
0.7
38.1
-14.3
-339.7
-46.5
-25.3
3.4
75.2
36.3
-251.2
-15.5
109.1
2.4
-39.3
53.6
-248.2
-23.3
169.1
1.4
64.9
206.0
-353.1
-86.2
147.6
-0.2
115.4
218.8
-218.1
-35.7
205.7
-1.0
-93.1
304.3
-328.9
-4.7
136.2
2.5
98.7
60.6
-92.7
33.3
186.9
4.1
138.4
240.4
-212.6
14.9
180.6
-0.1
16.4
7.2
-166.1
74.3
165.1
1.1
-21.2
100.8
35
36
37
38
39
40
4.4
-34.4
-28.4
0.6
-10.0
7.2
8.5
10.4
-66.2
15.5
16.0
41
1143.6
896.8
1242.2
1498.6
1159.1
752.2
1597.4
876.9
1409.7
1850.6
1184.7
42
134.6
-0.6
50.3
0.5
86.9
-1.7
121.9
-0.4
160.4
-1.4
155.3
-2.4
150.8
-0.2
159.3
-1.6
176.2
-1.6
212.3
-1.9
214.0
-0.4
43
44
1009.7
846.1
1157.1
1377.1
1000.1
599.2
1446.8
719.2
1235.0
1640.1
971.1
45
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
551.3
670.7
634.2
668.2
687.4
657.3
663.9
604.1
824.1
502.0
556.9
46
47
Difference
458.3
175.4
522.9
708.9
312.7
-58.1
782.9
115.1
410.9
1138.1
414.1
47
10995.4
10937.2
11243.7
11787.4
12245.8
12085.7
12171.9
12205.1
12520.4
12296.9
12395.6
48
10.4
9.2
5.0
4.2
8.2
7.7
6.1
1.6
11.0
10.3
5.6
4.7
12.7
11.7
5.7
6.0
9.5
8.2
5.6
2.6
6.2
5.0
5.4
-0.5
13.1
11.9
5.5
6.4
7.2
5.9
4.9
0.9
11.3
9.9
6.6
3.3
15.0
13.3
4.1
9.3
9.6
7.8
4.5
3.3
49
50
51
52
Memo:
48 Disposable personal income
49
50
51
52
(1) Consolidated statement for households and nonprofit organizations and nonfinancial noncorporate business.
(2) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 14) and life insurance and pension reserves (lines 15 and 16)).
(3) Line 18 less line 24.
(4) Table F.9, line 59 plus line 63.
(5) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.
(6) Line 45 and 46 are conceptually equivalent but measure saving using different data. Line 45 is net acquisition of financial assets net of government insurance and pension fund reserves (line 1 less line 44) plus
net investment in nonfinancial assets net of consumer durables (line 28 less line 43) less net increase in liabilities (line 34) plus net capital transfers paid (line 41). Line 46 is disposable personal income (line 48) less
personal outlays (table F.100, line 4).
Summary
17
2
3
4
5
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
Securities
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
42764.0
46541.1
50486.9
51245.4
54949.7
53005.8
52607.9
54062.5
54949.7
56820.9
57351.5
56.9
884.3
6473.1
1582.1
50.2
934.9
6631.4
1314.6
49.7
956.7
6752.0
1130.9
46.9
1278.7
7110.2
1104.2
45.1
1363.8
7479.0
1096.2
46.0
1252.0
7224.2
1042.9
44.3
1237.9
7283.8
1013.3
46.4
1236.9
7320.3
1033.3
45.1
1363.8
7479.0
1096.2
46.5
1362.7
7538.3
1042.0
51.8
1341.5
7571.9
1056.6
2
3
4
5
14217.6
17023.9
19291.0
18833.4
21109.5
20036.3
19694.8
20740.1
21109.5
22473.8
22741.6
7
8
9
10
6.0
194.0
51.5
1050.2
22.7
191.2
723.5
347.1
21.1
187.9
1081.0
264.2
19.4
185.2
691.7
227.0
19.0
182.4
975.7
75.1
19.9
184.7
808.1
139.2
19.2
184.3
855.2
144.8
19.1
183.6
875.7
116.6
19.0
182.4
975.7
75.1
20.0
181.7
1030.3
14.0
15.4
180.9
1061.7
32.4
7
8
9
10
11
12
Municipal securities
Corporate and foreign bonds
1725.8
1952.7
1833.0
2299.2
1877.3
2270.8
1812.5
2399.6
1662.7
2556.6
1786.5
2347.0
1780.1
2343.3
1714.7
2460.8
1662.7
2556.6
1668.4
2522.5
1652.9
2472.0
11
12
13
14
5923.7
3313.7
7487.4
4119.9
8990.2
4598.3
9045.8
4452.3
10322.0
5315.9
9771.5
4979.4
9503.3
4864.5
10214.4
5155.1
10322.0
5315.9
11250.8
5786.1
11461.7
5864.7
13
14
1049.8
14061.8
2223.2
5281.4
6557.1
1109.2
15205.4
2346.9
5976.3
6882.2
1137.2
16745.0
2563.0
6625.7
7556.3
1203.6
17115.2
2602.8
6672.5
7839.9
1186.1
18075.1
2759.4
7175.3
8140.4
1199.4
17641.6
2691.7
7022.3
7927.7
1172.6
17588.7
2651.2
6945.1
7992.5
1180.6
17928.7
2713.2
7145.3
8070.2
1186.1
18075.1
2759.4
7175.3
8140.4
1194.5
18560.9
2821.2
7507.6
8232.1
1197.7
18736.6
2820.1
7603.7
8312.8
15
16
17
18
19
4343.8
4182.6
4346.0
4481.1
4527.9
4491.9
4501.6
4508.7
4527.9
4537.1
4590.0
20
20028.8
19741.7
19444.8
19309.6
19415.0
19282.0
19316.7
19262.3
19415.0
19378.3
19416.4
21
11075.3
2529.9
2651.4
10876.4
2563.2
2553.5
10423.8
2516.7
2648.1
10172.6
2501.1
2757.2
9919.4
2477.8
2924.3
10084.3
2479.6
2749.1
10024.8
2470.7
2799.0
9933.3
2469.5
2859.3
9919.4
2477.8
2924.3
9866.6
2481.5
2924.4
9823.8
2500.1
2966.2
22
23
24
120.4
164.8
3487.0
121.1
203.0
3424.6
124.5
278.2
3453.6
126.9
238.9
3512.9
128.3
303.7
3661.5
126.9
267.7
3574.6
126.6
244.5
3651.2
127.2
269.1
3603.8
128.3
303.7
3661.5
128.2
307.9
3669.7
128.5
302.6
3695.2
25
26
27
15
16
17
18
19
20
21
Total liabilities
22
23
24
Home mortgages
Other mortgages
Consumer credit
25
26
27
Policy loans
Security credit
Other liabilities
(1) Combined statement for households and nonprofit organizations and nonfinancial noncorporate business.
(2) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual funds (line 14) and life insurance and pension reserves (lines 15, 16, 17, and 18).
18
Flows
2008
1
2
3
4
5
Personal income
- Personal current taxes
= Disposable personal income
- Personal outlays
= Personal saving, NIPA (2)
6
7
8
9
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
12430.6
1435.2
10995.4
10444.0
551.3
12082.1
1144.9
10937.2
10266.5
670.7
12435.2
1191.5
11243.7
10609.5
634.2
13191.3
1404.0
11787.4
11119.1
668.2
13743.8
1498.0
12245.8
11558.4
687.4
13548.6
1462.8
12085.7
11428.4
657.3
13651.8
1480.0
12171.9
11507.9
663.9
13701.6
1496.4
12205.1
11601.0
604.1
14073.1
1552.8
12520.4
11696.2
824.1
13925.9
1629.0
12296.9
11794.9
502.0
14060.4
1664.8
12395.6
11838.7
556.9
1
2
3
4
5
-0.6
134.6
1324.2
7.7
0.5
50.3
1323.8
-28.4
-1.7
86.9
1318.6
-20.6
-0.4
121.9
1342.2
2.1
-1.4
160.4
1373.0
-5.1
-2.4
155.3
1355.8
7.2
-0.2
150.8
1367.4
8.5
-1.6
159.3
1379.2
10.4
-1.6
176.2
1389.6
-46.5
-1.9
212.3
1373.3
15.5
-0.4
214.0
1390.2
16.0
6
7
8
9
10
2001.8
2073.6
2058.5
2129.8
2224.5
2158.9
2173.5
2130.5
2434.9
2070.3
2144.8
10
11
Gross investment
2460.1
2249.0
2581.4
2838.7
2537.2
2100.8
2956.4
2245.6
2845.8
3208.4
2558.9
11
1613.6
425.3
1044.2
155.1
-11.0
1429.3
321.0
970.8
147.1
-9.7
1448.9
318.3
1005.0
134.1
-8.5
1509.6
317.1
1061.2
139.6
-8.3
1613.2
354.3
1123.5
143.8
-8.4
1580.6
338.7
1106.3
144.1
-8.5
1590.1
343.5
1111.0
144.1
-8.5
1618.9
357.4
1127.1
142.8
-8.5
1663.1
377.7
1149.7
144.1
-8.3
1692.5
392.1
1162.9
145.7
-8.1
1723.6
410.8
1174.4
146.3
-7.9
12
13
14
15
16
12
13
14
15
16
Capital expenditures
Residential
Consumer durable goods
Nonprofit nonresidential
Nonproduced nonfinancial assets
17
846.5
819.7
1132.5
1329.1
924.0
520.2
1366.2
626.8
1182.7
1515.9
835.3
17
18
704.9
640.5
889.3
1118.2
1018.4
506.1
1468.1
522.5
1576.9
1462.3
842.8
18
19
20
21
22
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
-23.7
246.7
190.5
201.4
-6.6
35.7
177.6
-265.9
-0.6
35.9
151.5
-186.8
-2.8
324.0
354.1
32.9
-1.8
82.0
409.6
-8.9
-3.7
57.5
460.2
-7.8
-6.7
-51.0
391.6
2.0
8.5
27.6
147.2
-21.3
-5.3
294.1
639.5
-8.3
5.8
134.1
140.8
29.6
21.0
-94.2
268.4
181.6
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
187.1
31.6
6.3
-153.1
-8.5
-478.5
603.1
-456.2
297.6
-401.2
-468.4
23
-101.3
164.9
-2.4
167.3
218.9
47.3
-162.9
12.2
1.1
7.1
16.7
538.1
-2.8
540.9
-674.6
107.0
58.4
-5.3
-3.0
-5.8
-1.5
400.2
-3.3
403.5
-81.8
43.7
-329.6
-0.6
-13.7
-10.4
-1.8
-202.5
-2.7
-199.7
0.9
-64.8
127.6
-2.8
-3.2
-6.4
-0.3
270.1
-2.8
272.8
-141.9
-149.8
41.3
-2.5
-20.4
-4.9
2.0
114.3
-1.4
115.7
-409.9
-123.1
-51.1
12.6
-21.1
-2.2
-2.6
629.4
-2.1
631.5
36.0
-6.1
-17.4
-13.3
-21.0
-2.0
-0.4
-16.0
-2.5
-13.5
-148.1
-233.7
-24.6
-0.5
-19.3
-13.6
-0.4
352.6
-5.0
357.6
-45.6
-236.5
258.3
-8.7
-20.3
-1.8
3.9
34.3
-2.5
36.8
-395.7
2.3
-28.3
7.1
-16.3
-8.6
-18.4
-190.2
-3.7
-186.5
-72.0
-32.2
-123.0
-9.0
-19.1
-4.5
24
25
26
27
28
29
30
31
32
33
-303.0
-38.1
-123.8
61.7
538.0
-287.1
55.1
-8.5
334.5
-74.1
23.7
427.4
-69.8
34.9
-187.4
227.6
25.7
9.0
614.7
187.4
6.0
-288.2
217.7
58.1
86.9
473.0
-54.9
70.4
-363.0
419.2
23.6
-26.3
497.1
1.1
-5.8
-320.9
351.3
39.6
-46.6
464.5
27.5
-37.0
10.4
175.0
61.5
-82.2
381.8
5.1
-22.4
-436.1
734.7
10.1
0.2
526.3
-11.1
-7.4
-705.6
415.9
-16.6
23.5
615.7
-17.0
43.5
93.8
980.8
26.1
-20.2
463.9
36.9
-28.1
-181.2
458.4
150.9
7.8
477.4
4.6
16.6
34
35
36
37
38
39
40
-141.6
-179.3
-243.2
-210.9
94.4
-14.1
101.9
-104.3
394.2
-53.6
7.5
41
-6.3
-228.5
-342.4
-185.2
27.4
-143.5
184.8
-204.7
273.2
-67.7
31.4
42
-58.2
34.8
9.3
4.6
6.2
-3.0
-157.4
-103.7
5.9
33.0
0.5
-6.8
-357.8
-25.3
-2.2
52.4
2.4
-11.9
-228.4
109.1
-7.8
-53.9
1.9
-6.2
-236.4
169.1
-14.5
111.5
1.2
-3.5
-335.4
147.6
-6.5
59.7
-1.2
-7.6
-208.5
205.7
-17.5
210.5
-0.6
-4.9
-315.2
136.2
-15.4
-8.1
2.6
-4.8
-86.7
186.9
-18.5
184.1
4.2
3.2
-200.1
180.6
-6.5
-41.1
3.0
-3.7
-162.0
165.1
-14.6
38.4
1.1
3.4
43
44
45
46
47
48
-160.7
22.2
3.2
38.1
16.0
-4.9
75.2
21.4
2.7
-39.3
14.0
-0.4
64.9
1.5
0.6
115.4
6.6
7.5
-93.1
2.8
7.4
98.7
-0.0
1.7
138.4
-3.2
-14.3
16.4
-6.4
4.1
-21.2
-9.4
6.8
49
50
51
-458.3
-175.4
-522.9
-708.9
-312.7
58.1
-782.9
-115.1
-410.9
-1138.1
-414.1
52
(1) Sector includes domestic hedge funds, private equity funds, and personal trusts. Supplementary tables (tables F.100.a and L.100.a) show estimates of annual flows and year-end
outstandings of nonprofit organizations.
(2) See table F.10 for derivation of alternative measures of personal saving.
(3) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.
(4) Table F.9, line 63.
(5) Syndicated loans to nonfinancial corporate business by nonprofits and domestic hedge funds.
(6) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 34) and life insurance and pension reserves (lines 36 and 37).
(7) Includes public and private defined benefit and defined contribution pension plans and annuities, including those in IRAs, at life insurance companies. Excludes social security.
(8) Includes loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table F.218, line 23.
(9) Includes loans extended by the Federal Reserve to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF), shown on table F.108, line 21.
19
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
2038.9
1869.7
2233.6
2382.4
2739.2
2714.4
2724.8
2729.1
2788.6
2867.2
2898.0
1650.9
1693.9
1931.4
2048.3
2119.8
2091.9
2128.6
2106.0
2152.6
2143.6
2020.2
Gross investment
673.1
1819.3
1644.0
1651.0
1967.6
1973.1
1938.6
1998.1
1960.7
2074.9
1911.7
1665.7
1249.5
1479.9
1593.1
1777.9
1775.2
1767.9
1794.8
1773.8
1808.4
1862.2
1680.1
90.5
1589.6
1390.8
71.3
1319.5
1419.5
58.1
1361.4
1557.5
62.4
1495.1
1712.3
79.5
1632.8
1672.7
74.8
1597.9
1701.6
75.8
1625.8
1713.6
81.1
1632.5
1761.2
86.2
1674.9
1746.0
93.3
1652.6
1778.1
98.8
1679.3
5
6
7
-32.0
17.6
-147.6
6.3
61.5
-1.1
36.4
-0.9
66.1
-0.4
102.9
-0.4
66.8
-0.5
81.6
-0.4
13.0
-0.4
63.4
-1.0
85.0
-0.9
8
9
Capital expenditures
5
6
7
Fixed investment
Residential
Nonresidential
8
9
Change in inventories
Nonproduced nonfinancial assets
10
-992.6
569.8
164.1
57.9
189.7
197.9
170.6
203.2
186.9
266.5
49.5
10
11
-507.0
185.4
784.9
532.5
957.3
802.9
820.2
1105.3
1100.9
906.9
940.7
11
12
13
14
15
16
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
Security RPs
-25.5
-125.2
-60.7
179.6
-0.9
6.8
155.6
102.1
-73.1
0.7
9.1
76.8
62.8
-154.6
4.3
-5.8
32.4
18.4
-34.6
0.5
-21.5
108.0
26.2
-3.2
-2.2
-52.0
76.9
45.0
-68.5
5.5
-45.7
138.5
-16.8
-46.2
-0.3
-1.8
140.3
39.6
28.7
-10.7
13.7
76.1
36.9
73.2
-3.5
61.6
185.1
39.2
-37.4
-1.6
43.0
-74.1
23.4
-43.7
7.4
12
13
14
15
16
17
-45.5
3.3
9.3
-4.2
10.7
10.5
27.8
55.6
-51.3
-111.3
64.2
17
18
19
20
21
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
-12.2
-15.4
-2.6
-3.4
-1.3
6.8
4.2
1.1
12.0
7.0
1.7
-2.6
0.1
-4.3
-1.6
-1.4
-7.6
7.8
-2.6
12.3
-22.3
-5.6
-2.0
13.2
-7.9
40.4
3.4
-3.6
15.2
18.3
5.9
17.5
-15.2
-22.0
-17.7
22.3
0.7
-34.2
-31.6
-55.3
-0.9
27.0
8.6
30.6
18
19
20
21
22
23
Mortgages
Consumer credit
-10.7
-1.2
-5.3
-2.2
2.6
-11.4
0.7
2.3
0.7
0.0
0.4
26.7
0.5
-5.0
0.6
-1.9
1.2
-19.9
0.8
8.2
1.3
-2.3
22
23
-16.5
-172.5
-239.8
35.3
-57.4
12.0
11.1
142.8
623.3
-12.8
88.3
450.3
-1.6
95.9
745.1
-1.6
144.1
643.0
-1.6
135.9
628.5
-1.6
100.4
754.7
-1.6
3.2
954.1
-1.6
165.4
607.5
-1.6
50.5
871.6
24
25
26
485.6
-384.4
620.8
474.6
767.6
605.0
649.6
902.0
913.9
640.4
891.2
27
692.9
-255.6
169.7
542.9
718.1
528.7
597.8
618.3
1127.8
620.3
887.2
28
24
25
26
27
28
29
30
31
Commercial paper
Municipal securities
Corporate bonds
7.7
66.0
225.4
-73.1
37.2
411.7
24.5
33.2
438.6
33.4
8.5
410.8
14.0
15.2
579.6
-7.9
13.1
523.2
29.0
26.2
426.0
-35.5
9.7
587.1
70.5
11.9
782.0
21.2
11.3
570.2
-19.0
6.4
558.9
29
30
31
32
33
34
183.7
80.2
129.9
-336.0
-166.1
-129.3
-103.8
-85.7
-137.1
125.6
60.4
-95.9
166.1
-20.9
-35.8
200.5
-82.1
-118.1
173.0
1.1
-57.5
118.8
-15.7
-46.2
172.0
12.9
78.5
55.4
16.5
-54.2
113.1
118.3
109.5
32
33
34
35
36
37
38
Corporate equities
Trade payables
Taxes payable
Miscellaneous liabilities
-336.0
-219.4
9.8
637.0
-64.6
-65.8
-9.5
81.5
-278.0
186.6
6.4
349.7
-472.5
27.0
10.0
420.4
-400.0
123.2
6.6
325.0
-291.8
153.2
-2.6
219.3
-508.1
145.4
17.0
397.7
-395.6
134.0
-9.3
562.2
-404.5
60.4
21.1
120.7
-255.9
152.6
-17.6
98.8
-344.8
-14.7
8.4
351.6
35
36
37
38
39
-298.7
-70.4
186.5
-53.2
-5.3
-1.9
-0.2
-7.5
-11.7
42.2
3.5
39
977.8
-125.4
287.4
397.3
152.2
118.8
190.0
107.9
191.9
68.7
108.5
40
40
Discrepancy
(1) Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
Flows
2008
20
Flows
2008
1
2
3
4
5
6
7
8
9
10
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
880.3
227.4
474.2
1063.8
1242.5
183.8
-37.0
-3.7
1393.1
752.5
177.8
351.7
1049.4
1272.3
194.2
6.7
38.3
1434.9
1034.3
220.6
375.5
1077.2
1515.5
218.2
-41.0
20.9
1671.8
1026.7
222.3
440.3
1249.3
1613.4
226.1
-56.0
-6.4
1790.0
1293.7
256.9
478.8
1071.4
1629.4
214.2
-10.0
-16.7
1850.3
1283.7
252.5
456.0
1058.8
1634.1
210.1
-19.5
-6.0
1830.6
1282.9
257.8
457.5
1066.1
1633.7
214.2
9.8
-7.4
1865.1
1288.8
249.1
461.2
1075.0
1653.5
199.8
-22.0
-9.0
1840.3
1319.4
268.4
540.4
1085.8
1596.4
232.8
-8.4
-44.4
1865.2
1307.7
266.6
483.3
1113.9
1671.7
204.5
-13.0
-9.6
1872.8
1335.2
266.7
652.2
1123.6
1539.8
189.9
11.0
-5.7
1746.4
1
2
3
4
5
6
7
8
9
415.3
1560.2
1384.4
1392.6
1698.1
1711.9
1675.1
1732.4
1673.3
1804.1
1637.9
10
11
12
13
14
Capital expenditures
Fixed investment (3)
Inventory change + IVA
Nonproduced nonfinancial assets
1358.6
1372.6
-31.6
17.6
1009.3
1142.0
-139.0
6.3
1238.9
1176.4
63.7
-1.1
1337.2
1299.0
39.1
-0.9
1504.1
1433.5
71.0
-0.4
1500.5
1403.1
97.8
-0.4
1493.0
1424.8
68.7
-0.5
1527.9
1434.0
94.3
-0.4
1495.1
1472.2
23.3
-0.4
1496.3
1464.3
33.0
-1.0
1536.8
1486.4
51.2
-0.9
11
12
13
14
15
-943.3
551.0
145.5
55.4
194.0
211.4
182.1
204.5
178.2
307.8
101.1
15
16
-604.2
302.4
633.2
513.2
891.5
761.8
771.5
1045.2
987.6
846.0
842.3
16
17
18
19
20
21
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
Security RPs
-25.5
-129.0
-59.4
178.5
-0.9
6.8
140.7
106.9
-71.4
0.7
9.1
79.7
59.9
-157.7
4.3
-5.8
34.3
14.3
-35.4
0.5
-21.5
94.5
21.9
-4.1
-2.2
-52.0
67.0
43.1
-68.9
5.5
-45.7
127.4
-19.4
-46.7
-0.3
-1.8
127.5
35.9
27.9
-10.7
13.7
55.9
28.0
71.3
-3.5
61.6
177.1
33.8
-38.6
-1.6
43.0
-87.7
13.8
-45.7
7.4
17
18
19
20
21
22
-34.6
10.0
2.6
-5.3
9.5
10.0
27.1
54.6
-53.6
-112.8
61.6
22
-12.2
-7.9
-2.6
-3.0
-7.7
-1.2
-1.3
12.5
4.2
0.9
-4.1
-2.2
12.0
5.1
1.7
-3.2
-1.6
-11.4
0.1
-4.8
-1.6
-1.4
0.2
2.3
-7.6
7.2
-2.6
12.3
0.2
0.0
-22.3
-5.9
-2.0
13.2
0.2
26.7
-7.9
40.1
3.4
-3.7
0.2
-5.0
15.2
17.8
5.9
17.4
0.2
-1.9
-15.2
-23.2
-17.7
22.1
0.2
-19.9
0.7
-34.9
-31.6
-55.3
0.2
8.2
-0.9
25.7
8.6
30.5
0.2
-2.3
23
24
25
26
27
28
23
24
25
26
27
28
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Mortgages
Consumer credit
29
30
-16.5
-169.5
35.3
-31.1
11.1
105.7
-12.8
82.2
-1.6
89.5
-1.6
141.2
-1.6
132.0
-1.6
94.9
-1.6
-10.1
-1.6
157.2
-1.6
36.1
29
30
31
32
33
34
35
36
Miscellaneous assets
U.S. direct investment abroad (4)
Insurance receivables
Equity in GSEs
Investment in finance co. subs.
Other
-347.3
262.6
11.0
-0.1
-1.1
-619.7
104.5
269.7
-4.0
0.0
-9.3
-152.0
518.5
303.3
11.9
0.1
26.7
176.5
441.4
399.8
10.0
-0.0
8.4
23.2
705.6
365.8
7.4
0.0
-0.4
332.7
617.7
428.2
-5.5
0.5
-11.2
205.8
598.8
314.8
8.0
-0.3
-10.3
286.6
718.5
355.3
5.8
0.0
-1.0
358.4
887.4
364.7
21.6
-0.0
20.9
480.2
570.8
294.8
-2.6
0.3
-4.2
282.4
815.4
354.8
9.3
-0.2
3.7
447.7
31
32
33
34
35
36
339.1
-248.5
487.8
457.8
697.5
550.4
589.5
840.8
809.4
538.2
741.2
37
38.3
-211.5
-76.2
45.3
252.4
220.4
25.4
161.3
602.6
337.6
397.4
38
-336.0
-64.6
-278.0
-472.5
-400.0
-291.8
-508.1
-395.6
-404.5
-255.9
-344.8
39
374.2
-146.9
201.8
517.7
652.4
512.2
533.5
556.9
1007.0
593.5
742.2
40
37
38
39
40
41
42
43
44
45
46
Commercial paper
Municipal securities (5)
Corporate bonds (4)
Depository institution loans n.e.c.
Other loans and advances (6)
Mortgages
7.7
66.0
225.4
64.2
67.9
-57.0
-73.1
37.2
411.7
-234.0
-160.8
-127.9
24.5
33.2
438.6
-83.5
-90.4
-120.7
33.4
8.5
410.8
68.9
59.8
-63.7
14.0
15.2
579.6
78.3
-30.4
-4.3
-7.9
13.1
523.2
82.1
-76.4
-21.8
29.0
26.2
426.0
91.4
-21.9
-17.1
-35.5
9.7
587.1
56.7
-28.5
-32.6
70.5
11.9
782.0
83.0
5.2
54.5
21.2
11.3
570.2
20.0
31.3
-60.4
-19.0
6.4
558.9
54.6
98.6
42.7
41
42
43
44
45
46
47
48
49
50
51
52
53
Trade payables
Taxes payable
Miscellaneous liabilities
Foreign direct investment in U.S.
Pension fund contributions payable
Claims of pension fund on sponsor
Other
-225.2
3.1
522.9
189.5
14.7
109.3
209.3
-82.6
-3.3
48.7
104.7
-8.4
88.6
-136.1
156.3
7.2
400.5
157.3
15.4
-9.9
237.7
18.9
8.8
384.9
195.1
3.0
-11.6
198.4
122.6
5.3
317.2
165.5
-2.1
54.1
99.6
150.5
-3.1
182.6
176.1
-6.5
80.4
-67.4
156.1
16.3
391.7
176.9
1.4
15.0
198.4
136.2
-10.4
553.7
135.2
-0.9
24.3
395.2
47.5
18.5
140.8
173.8
-2.3
96.8
-127.5
132.4
-19.2
87.3
91.6
0.8
59.1
-64.2
-11.7
5.6
349.9
117.5
-0.1
39.9
192.6
47
48
49
50
51
52
53
977.8
-125.4
287.4
397.3
152.2
118.8
190.0
107.9
191.9
68.7
108.5
54
153.0
-269.7
-235.6
-220.1
-115.2
-114.0
-150.5
-103.6
-92.9
-162.4
-14.0
55
54
55
Discrepancy
Memo:
Financing gap (7)
21
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
254.5
253.0
251.8
256.8
264.5
261.3
263.5
265.6
267.8
270.8
273.8
257.8
259.0
259.6
258.4
269.5
261.3
263.5
265.7
287.4
270.8
273.8
Gross investment
257.8
259.0
259.6
258.4
269.5
261.3
263.5
265.7
287.4
270.8
273.8
4
5
6
Capital expenditures
Fixed investment (2)
Change in inventories
307.1
307.5
-0.4
240.2
248.8
-8.5
241.0
243.1
-2.2
255.8
258.5
-2.7
273.8
278.7
-4.9
274.7
269.6
5.1
274.9
276.7
-1.9
266.9
279.6
-12.7
278.7
289.0
-10.3
312.1
281.6
30.5
325.4
291.6
33.8
4
5
6
-49.3
18.8
18.6
2.5
-4.3
-13.5
-11.4
-1.2
8.8
-41.3
-51.6
97.2
-117.0
151.7
19.3
65.8
41.1
48.7
60.0
113.3
60.9
98.4
9
10
11
3.8
-1.2
1.0
14.9
-4.8
-1.7
-2.8
2.9
3.1
-2.0
4.1
0.9
13.5
4.3
0.9
10.0
1.9
0.4
11.1
2.6
0.6
12.8
3.7
0.8
20.2
8.9
1.9
8.0
5.4
1.2
13.6
9.6
2.1
9
10
11
12
-10.9
-6.7
6.6
1.1
1.2
0.5
0.7
1.0
2.4
1.5
2.6
12
-7.5
-0.4
-3.0
0.0
-5.7
0.2
-1.2
0.0
1.9
0.5
4.2
0.0
0.6
0.1
0.5
0.0
0.6
0.1
0.5
0.0
0.3
0.0
0.2
0.0
0.4
0.0
0.3
0.0
0.5
0.1
0.4
0.0
1.2
0.1
1.1
0.0
0.7
0.1
0.6
0.0
1.3
0.2
1.1
0.0
13
14
15
16
-3.0
107.5
3.4
1.2
102.9
-26.3
-92.5
-9.8
-0.0
-82.7
37.0
104.8
29.7
0.4
74.7
6.2
9.0
-11.6
0.3
20.3
6.4
39.5
15.1
0.2
24.3
2.9
25.3
10.2
0.3
14.8
4.0
29.7
16.0
-0.3
14.1
5.5
36.2
14.9
0.4
20.9
13.3
66.6
19.2
0.2
47.2
8.1
36.7
3.4
-0.2
33.5
14.4
56.2
3.2
1.1
51.9
17
18
19
20
21
146.6
-135.8
133.1
16.8
70.1
54.5
60.1
61.3
104.5
102.2
150.0
22
318.7
-108.7
-32.1
25.1
65.7
16.5
64.2
61.4
120.8
26.8
145.0
23
119.5
12.3
186.9
-102.0
-5.3
-1.4
-20.3
4.7
-16.5
56.7
0.6
-32.2
87.8
9.5
-31.5
118.4
-5.7
-96.2
81.5
23.0
-40.3
62.2
12.8
-13.6
89.0
7.7
24.0
35.5
-14.8
6.1
58.4
19.7
66.8
24
25
26
5.7
6.7
114.1
16.8
-6.3
32.7
30.3
-0.7
-50.8
8.1
1.2
35.5
0.7
1.3
7.8
2.6
0.6
36.7
-10.7
0.8
6.0
-2.2
1.1
8.5
12.9
2.6
-20.1
20.1
1.6
11.5
-3.0
2.8
1.7
27
28
29
-298.7
-70.4
186.5
-53.2
-5.3
-1.9
-0.2
-7.5
-11.7
42.2
3.5
30
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Treasury securities
Municipal securities
Mortgages
Consumer credit
Trade receivables
Miscellaneous assets
Insurance receivables
Equity investment in GSEs (3)
Other
Net increase in liabilities
Credit market instruments
Depository institution loans n.e.c.
Other loans and advances
Mortgages
27
28
29
Trade payables
Taxes payable
Miscellaneous liabilities
30
(1) Net capital transfers paid from table F.9, line 59.
(2) Nonresidential fixed investment plus residential fixed investment, shown in table F.6, lines 11 and 16 respectively.
(3) Equity in the Farm Credit System.
Flows
2008
22
Flows
1
2
3
4
5
6
7
8
9
10
11
12
13
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1909.1
1919.2
1998.5
2029.9
2039.4
2024.4
2034.1
2039.6
2059.7
2078.7
2108.1
333.5
947.9
47.4
18.7
105.7
477.8
-22.0
287.8
934.8
45.6
18.6
87.8
566.1
-21.4
297.6
960.4
47.7
18.1
82.6
612.0
-19.8
327.0
988.5
50.7
18.3
80.0
581.8
-16.5
348.8
1004.9
51.4
17.5
78.5
552.6
-14.3
340.5
1007.2
50.7
17.8
78.1
544.8
-14.8
346.9
1003.7
52.5
17.6
78.1
549.6
-14.3
349.2
1000.6
51.1
17.4
78.4
557.0
-14.1
358.8
1008.3
51.3
17.3
79.3
558.7
-14.0
377.1
1021.9
54.5
17.3
80.2
542.7
-14.9
393.1
1020.5
52.9
17.4
81.1
558.4
-15.2
2
3
4
5
6
7
8
2074.1
2191.2
2235.8
2243.0
2292.1
2265.5
2289.3
2299.7
2313.9
2308.5
2306.7
1488.7
455.4
127.0
3.0
1508.4
492.6
188.8
1.4
1518.3
523.8
192.1
1.6
1517.4
532.0
192.9
0.5
1536.4
544.3
211.0
0.5
1533.0
527.3
204.8
0.5
1531.3
547.5
209.9
0.5
1536.8
548.8
213.7
0.5
1544.3
553.7
215.5
0.5
1543.0
552.3
212.7
0.5
1542.2
553.5
210.6
0.5
10
11
12
13
-165.1
-271.9
-237.3
-213.1
-252.7
-241.1
-255.2
-260.1
-254.2
-229.8
-198.7
14
200.2
-63.2
208.2
-67.7
212.7
-76.7
221.7
-73.9
231.4
-74.1
228.5
-70.6
230.8
-72.0
232.4
-73.2
233.7
-80.5
234.9
-71.3
236.6
-68.4
15
16
14
15
16
17
98.3
4.0
52.2
82.5
52.8
58.0
47.6
45.5
60.0
76.4
106.3
17
18
Gross investment
38.0
-59.7
43.5
16.0
91.7
148.3
89.4
66.6
62.6
81.7
110.0
18
358.8
13.8
363.0
12.3
351.9
10.6
337.2
10.1
334.9
10.2
334.9
10.3
339.0
10.3
334.6
10.2
331.2
10.1
326.1
9.8
323.1
9.6
19
20
-334.6
-435.0
-318.9
-331.4
-253.4
-196.9
-259.9
-278.2
-278.6
-254.3
-222.7
21
-101.6
10.0
58.4
-58.7
-52.6
-18.5
53.5
-19.4
-225.8
76.3
13.1
22
8.5
18.8
19.2
9.3
5.6
-6.9
16.6
14.4
-8.9
20.3
-7.8
10.3
-7.4
29.0
-7.6
37.4
-12.9
4.5
13.8
13.2
-11.0
46.2
23
24
19
20
Fixed investment
Nonproduced nonfinancial assets
21
22
23
24
25
26
3.0
-11.7
9.8
-4.3
13.7
-1.4
-0.5
-6.8
-8.5
-6.7
-9.0
-7.1
-1.3
-1.0
-5.8
-4.6
-17.8
-14.0
3.2
2.5
-2.2
-1.7
25
26
27
-94.0
-37.3
60.7
-80.8
-66.1
-78.0
20.6
-41.0
-165.9
12.4
-36.1
27
-21.6
-45.4
-16.9
-39.1
-17.3
9.8
12.9
6.8
22.3
-11.1
-46.5
-14.0
-5.1
-11.8
-28.2
-5.4
-20.4
-29.9
-0.8
28.7
-4.2
-3.5
-3.7
-19.3
-10.8
-51.6
-59.4
1.9
-8.3
10.7
-1.3
-22.2
-7.2
28
29
30
0.5
-5.2
-5.4
1.0
3.3
5.0
1.4
7.4
10.0
0.0
-4.4
-5.0
-0.7
-9.0
-11.2
-0.8
-9.6
-11.9
-0.1
-1.4
-1.7
-0.5
-6.2
-7.7
-1.5
-19.0
-23.6
0.3
3.4
4.3
-0.2
-2.3
-2.9
31
32
33
-7.6
-0.5
-2.3
1.7
-0.3
2.8
-4.5
-0.8
-4.8
-2.5
-5.1
-2.6
-0.7
-0.4
-3.3
-1.7
-10.1
-5.2
1.8
0.9
-1.2
-0.6
34
35
-15.4
5.6
-8.4
-4.6
-5.9
24.4
13.1
0.7
-29.6
1.9
2.3
-0.4
8.5
1.3
14.9
7.6
-2.0
75.1
13.1
-8.7
10.3
8.0
11.6
-12.5
5.2
4.1
-13.5
8.5
-0.8
20.8
1.8
-4.1
22.0
36
37
38
233.1
445.0
377.3
272.7
200.8
178.4
313.3
258.7
52.8
330.6
235.8
39
28
29
30
31
32
33
Municipal securities
Corporate and foreign bonds
Mortgages
34
35
Corporate equities
Mutual fund shares
36
37
38
Trade receivables
Taxes receivable
Miscellaneous assets
39
40
17.9
113.0
69.5
-52.7
-5.3
13.2
87.8
-6.5
-115.5
72.8
33.0
40
41
42
43
44
Municipal securities
Short-term (3)
Long-term
U.S. government loans
17.1
4.6
12.5
0.8
112.2
7.8
104.4
0.8
68.7
-0.7
69.3
0.9
-53.6
-10.6
-42.9
0.9
-5.7
3.8
-9.4
0.4
12.7
0.7
12.0
0.5
86.7
31.6
55.2
1.1
-6.1
10.0
-16.1
-0.4
-116.0
-27.2
-88.8
0.5
71.7
-4.4
76.0
1.1
33.0
8.6
24.4
0.0
41
42
43
44
38.6
176.5
38.9
293.1
38.5
269.3
38.4
287.0
39.1
167.0
38.9
126.3
39.1
186.5
39.2
226.1
39.2
129.1
39.2
218.5
39.1
163.7
45
46
60.3
63.7
8.6
66.6
-39.0
-90.4
-41.8
-21.1
-2.6
-5.3
-3.7
47
45
46
47
Trade payables
Claims of pension fund on sponsor (4)
Discrepancy
(1) Data for employee retirement funds are shown in table F.118.
(2) Table F.9, line 62.
(3) Debt with original maturity of 13 months or less.
(4) Included in miscellaneous liabilities.
23
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2505.7
2230.1
2391.7
2516.7
2663.0
2645.4
2641.1
2656.6
2709.0
2900.1
3164.0
1101.7
94.0
233.7
18.8
974.4
33.9
48.6
0.8
857.2
91.4
200.4
14.8
950.8
48.5
66.2
0.7
893.8
96.8
298.7
15.7
970.9
54.6
64.4
-3.1
1077.0
108.6
294.2
16.3
904.3
57.4
66.1
-7.3
1149.2
118.0
351.0
17.8
937.8
52.9
49.7
-13.4
1122.4
117.2
355.3
16.8
929.2
53.9
60.3
-9.7
1133.1
118.6
344.9
17.4
932.1
52.2
54.6
-11.8
1147.2
118.2
356.1
17.1
934.6
52.2
45.6
-14.4
1194.0
118.0
347.9
19.9
955.3
53.3
38.4
-17.8
1252.0
118.8
321.0
19.2
1081.7
74.1
53.9
-20.6
1271.7
118.8
332.7
19.4
1088.2
299.9
57.1
-23.7
2
3
4
5
6
7
8
9
3140.8
3479.9
3721.3
3764.9
3772.7
3739.4
3787.9
3775.8
3787.5
3753.2
3820.3
10
879.8
1407.4
416.0
388.0
49.6
933.7
1624.9
510.7
353.6
56.9
1003.9
1726.6
555.9
380.6
54.3
1008.7
1745.3
529.0
422.6
59.4
1011.7
1790.5
493.1
420.6
56.8
1009.3
1775.6
490.7
406.4
57.3
1007.4
1780.9
492.4
450.1
57.2
1036.1
1793.1
500.0
391.1
55.6
993.9
1812.3
489.3
434.7
57.3
982.3
1848.1
479.2
386.1
57.5
975.9
1850.0
497.7
438.4
58.4
11
12
13
14
15
-635.1
-1249.8
-1329.5
-1248.3
-1109.7
-1094.0
-1146.9
-1119.3
-1078.5
-853.1
-656.4
16
226.3
-0.6
4.8
49.9
234.5
0.5
5.0
64.4
245.3
-1.7
4.9
84.8
256.5
-0.4
4.4
81.4
262.3
-1.4
4.6
79.9
260.4
-2.4
4.6
69.8
261.9
-0.2
4.6
72.4
262.9
-1.6
4.6
74.0
263.7
-1.6
4.7
103.5
265.6
-1.9
5.3
65.8
266.9
-0.4
5.3
58.4
17
18
19
20
16
17
18
19
20
21
-462.9
-1085.1
-1172.2
-1077.2
-930.5
-905.6
-961.7
-933.3
-921.4
-656.7
-452.7
21
22
23
24
Gross investment
Fixed investment
Nonproduced nonfinancial assets
-533.6
275.8
-20.4
-1023.2
284.0
-8.9
-1113.4
300.0
-1.0
-1058.2
295.4
-0.9
-845.8
284.0
-1.4
-1288.1
282.4
-1.4
-752.8
286.4
-1.3
-496.5
286.0
-1.4
-846.0
281.4
-1.4
-858.6
272.7
-0.6
61.8
276.8
-0.8
22
23
24
-789.0
-1298.3
-1412.4
-1352.7
-1128.5
-1569.1
-1037.9
-781.2
-1126.0
-1130.7
-214.3
25
580.0
237.8
285.5
-152.1
114.0
-84.1
266.9
91.2
182.0
140.2
195.8
26
4.2
313.1
-1.3
93.4
54.4
0.0
6.0
13.5
19.5
256.3
4.2
-62.0
-28.0
51.9
-174.2
0.3
309.1
142.0
0.6
66.0
12.6
87.9
0.6
-21.1
35.9
35.4
1.6
148.9
0.1
88.0
-47.2
0.3
3.5
-1.8
133.1
24.1
-0.7
27.1
-3.5
16.2
-257.6
-0.3
21.8
-118.1
-0.1
4.8
4.0
131.2
40.3
4.8
20.8
1.9
4.3
6.7
0.2
102.3
-31.1
-0.2
2.5
1.7
129.4
-13.2
2.9
11.9
-1.0
4.6
-121.9
0.8
27.0
-118.5
-0.1
12.1
4.5
129.1
-19.8
-2.6
38.3
-10.7
13.0
97.2
0.8
170.3
-5.8
-0.0
8.4
1.8
165.9
-18.1
6.7
-8.8
5.9
3.1
-28.1
-0.4
111.9
0.0
-0.4
-8.0
-0.8
121.1
-9.9
6.2
8.1
0.1
-3.7
79.4
-0.4
99.8
0.0
-0.1
-2.6
1.2
101.3
-5.0
1.3
10.1
0.5
3.3
-8.6
-1.3
165.4
0.0
-0.2
13.8
3.6
148.2
-5.2
-13.8
-2.4
2.7
-1.0
130.6
0.5
118.1
0.0
-0.1
0.9
0.1
117.2
-2.8
4.2
-42.2
-11.6
27
28
29
30
31
32
33
34
35
36
37
38
39
1369.0
1536.1
1697.8
1200.7
1242.5
1485.0
1304.7
872.4
1308.0
1270.9
410.1
40
0.0
0.0
-0.8
1239.2
-2.4
861.6
379.8
0.2
0.0
22.6
1.0
107.1
63.3
17.6
26.2
47.6
3.0
-0.4
1443.9
-2.8
-73.3
1519.8
0.1
0.0
-56.2
1.1
97.0
61.9
15.6
19.5
0.0
0.0
-0.3
1580.2
-3.3
-19.0
1601.8
0.7
0.0
6.3
0.9
110.7
65.7
20.2
24.9
0.0
0.0
0.0
1067.9
-2.7
-249.5
1319.0
1.1
0.0
9.3
1.3
122.1
70.8
19.2
32.1
0.0
0.0
0.0
1140.2
-2.8
107.0
1036.3
-0.4
0.0
8.3
0.3
93.7
40.4
48.2
5.0
0.0
0.0
0.0
1411.2
-1.4
612.6
803.4
-3.3
0.0
3.4
0.5
69.9
106.6
-17.7
-19.0
0.0
0.0
0.0
1185.7
-2.1
-312.7
1500.3
0.1
0.0
3.0
1.5
114.6
95.8
-7.5
26.3
0.0
0.0
0.0
787.7
-2.5
74.4
716.1
-0.3
0.0
17.6
-0.2
67.2
45.8
43.0
-21.6
0.0
0.0
0.0
1176.1
-5.0
53.8
1125.3
1.9
0.0
9.3
-0.5
123.1
-86.5
175.1
34.5
0.0
0.0
0.0
1168.7
-2.5
646.7
525.5
-1.0
0.0
1.9
0.2
100.1
229.9
-141.3
11.5
0.0
0.0
0.0
299.9
-3.7
-880.3
1182.6
1.3
0.0
23.4
0.8
86.1
-272.6
361.1
-2.5
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
70.6
-61.9
-58.9
-19.0
-84.7
382.5
-208.9
-436.8
-75.5
201.9
-514.5
56
308.6
-173.2
148.9
-258.0
7.5
-167.0
196.8
-24.6
24.8
-54.2
227.3
57
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
(1) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.
(2) Table F.9, line 61 less line 12.
(3) Includes loans originated by the Department of Education under the Federal Direct Loan Program, as well as Federal Family Education Loan Program loans that
the government purchased from depository institutions and finance companies.
(4) Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at issuance price.
(5) Nonmarketable government securities held by the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military
retirement fund, and foreign service retirement and disability fund.
(6) Time and savings deposits (line 29) plus checkable deposit and currency liabilities of the monetary authority and U.S.-chartered depository institutions sectors (table F.204, lines 3 and 8).
Flows
2008
24
Flows
2008
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1
2
3
4
3378.4
2556.4
683.8
138.3
2608.7
1976.0
496.5
136.1
3018.1
2362.0
514.1
142.0
3360.9
2669.9
542.1
149.0
3453.5
2743.1
565.7
144.6
3480.4
2764.2
570.0
146.1
3456.4
2755.3
555.7
145.4
3432.3
2723.5
564.4
144.3
3444.9
2729.5
572.8
142.6
3465.5
2737.3
575.9
152.4
3461.6
2748.3
558.2
155.1
1
2
3
4
5
6
7
2699.9
1843.1
856.8
2227.5
1583.8
643.7
2563.5
1843.5
720.0
2904.0
2101.1
802.8
3014.5
2195.9
818.6
2991.4
2173.4
818.0
3011.8
2197.4
814.4
3011.2
2199.2
812.0
3043.5
2213.7
829.8
3027.5
2214.2
813.3
3057.7
2242.2
815.6
5
6
7
8
9
5.4
673.1
-0.6
381.7
-0.7
455.2
-1.6
458.6
6.6
432.4
-0.4
489.3
-1.4
445.9
-2.3
423.4
30.3
371.1
-0.4
438.5
-0.4
404.3
8
9
Gross investment
Nonproduced nonfinancial assets
736.6
-0.0
230.9
0.0
437.9
-0.0
550.4
-0.1
446.3
0.0
1054.2
0.0
71.1
0.0
111.7
0.0
548.2
0.0
161.5
-0.0
292.5
0.0
10
11
10
11
12
736.6
230.9
437.9
550.5
446.3
1054.2
71.1
111.7
548.2
161.5
292.5
12
13
584.4
168.9
1173.7
1011.4
876.4
1064.0
501.2
664.8
1275.5
1010.9
1498.2
13
0.0
0.0
410.8
64.0
65.5
23.7
-214.0
377.2
-45.1
711.6
548.7
162.9
-228.6
-31.3
-197.3
5.9
-21.8
-44.7
105.8
-2.7
6.5
0.0
-252.3
310.1
-562.4
0.0
47.6
-270.4
-9.2
-43.1
7.2
-146.4
123.5
-41.4
554.4
569.9
-15.5
-226.0
-169.5
-56.6
7.7
-127.3
-44.0
154.9
57.2
6.6
0.0
240.9
150.4
90.5
0.0
0.0
-48.2
29.5
16.9
-7.1
-126.1
623.7
-0.5
740.4
442.0
298.3
-72.3
-96.0
23.8
13.1
-36.8
-20.2
74.6
111.5
19.8
0.0
479.1
205.9
273.3
0.0
0.0
221.1
81.8
33.1
-50.8
51.2
239.6
0.7
357.9
169.8
188.0
-41.6
-29.5
-12.1
-1.4
-109.9
33.9
37.0
147.5
17.7
0.0
233.2
230.2
3.0
0.0
0.0
-151.3
68.2
46.4
35.0
-39.9
452.0
3.4
589.5
433.2
156.4
-71.8
-126.0
54.2
-4.9
-14.4
-49.9
53.1
144.0
11.5
0.0
257.5
166.4
91.1
0.0
0.0
260.3
58.5
-33.8
48.5
-135.7
546.1
46.2
693.6
533.0
160.6
-4.8
-91.7
86.9
5.0
-118.8
-75.2
44.4
168.7
15.9
0.0
91.2
143.0
-51.8
0.0
0.0
39.5
37.2
54.6
63.8
-148.3
-18.5
-57.5
505.8
406.4
99.4
-184.6
-202.4
17.8
-6.0
-236.2
-40.0
-287.3
338.3
8.2
0.0
413.9
198.1
215.8
0.0
0.0
-227.0
92.8
47.5
13.0
83.2
702.5
5.2
600.3
386.8
213.5
26.8
-68.5
95.4
10.4
80.6
-20.8
118.6
-18.0
26.4
0.0
-174.2
155.4
-329.5
0.0
0.0
-677.8
84.2
117.3
14.6
41.3
577.8
19.9
558.4
406.4
152.0
-124.6
-141.4
16.8
-28.9
216.6
-63.7
336.7
87.0
-4.7
0.0
699.0
169.2
529.9
0.0
0.0
587.9
10.6
-69.7
9.5
293.6
566.7
35.0
531.6
435.5
96.1
-167.4
-88.1
-79.3
-6.9
159.3
15.0
8.9
-101.2
14.4
0.0
-309.9
114.5
-424.4
0.0
0.0
994.3
33.6
12.9
2.1
39.4
79.1
-17.4
88.6
-35.3
123.9
-118.5
-40.1
-78.4
-17.9
131.0
13.4
-90.2
15.2
11.7
0.0
400.0
151.5
248.5
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
-152.2
-62.0
735.8
460.9
430.1
9.8
430.2
553.2
727.3
849.4
1205.7
39
4.8
-394.3
-226.2
-71.0
-158.8
5.1
0.7
2.8
1.6
-1.5
-38.5
-9.9
0.0
511.9
1.4
529.8
329.1
-9.1
-339.3
52.3
-110.7
211.8
59.4
163.3
-11.2
0.6
-5.1
-6.6
0.3
63.7
6.1
0.0
-285.1
1.7
-543.3
310.4
23.5
-77.4
1.8
-9.3
75.3
-2.7
59.9
17.9
1.1
11.8
4.9
0.2
79.1
25.8
0.0
563.0
2.3
-10.1
301.1
10.6
259.1
15.9
-46.3
114.8
-53.5
137.7
29.2
-1.7
11.3
19.5
1.4
6.0
-32.2
0.0
402.7
2.6
99.7
409.0
30.6
-139.2
4.5
-30.2
115.0
27.9
62.2
19.2
-0.7
-1.9
21.7
5.7
82.6
6.3
0.0
252.0
2.4
-91.0
388.3
-51.5
3.8
4.9
-60.9
19.7
32.9
-49.8
29.0
-0.3
2.1
27.3
7.6
40.7
15.5
0.0
-10.2
1.5
-213.4
452.2
77.3
-327.7
13.2
-111.7
-90.0
-54.2
-84.9
44.8
-1.6
11.2
35.2
4.3
176.6
4.5
0.0
437.6
7.0
-74.0
344.8
-77.8
237.6
3.3
141.0
220.5
78.4
133.2
8.8
-0.3
-14.4
23.6
0.2
71.5
-2.2
0.0
119.0
1.0
-61.6
374.5
-48.7
-146.2
-3.6
-89.1
309.6
54.5
250.5
-5.9
-0.4
-6.4
1.0
10.5
41.5
7.4
0.0
461.5
0.3
-14.9
381.7
-156.9
251.4
3.5
96.8
401.8
117.2
239.8
45.2
2.5
25.4
17.3
-0.4
295.3
-4.5
0.0
56.4
0.1
-3.8
336.5
89.8
-366.2
-0.8
350.3
51.3
10.2
15.2
25.6
0.5
11.8
13.3
0.3
305.3
5.3
0.0
494.3
8.3
-25.3
382.2
-146.0
275.0
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
-63.4
150.8
17.3
-91.9
-13.9
-564.9
374.8
311.7
-177.1
277.0
111.8
59
-713.2
173.0
138.3
-678.5
-392.2
147.2
136.1
-381.2
-518.5
206.0
142.0
-454.5
-568.7
260.8
149.0
-457.0
-547.2
252.8
144.6
-439.0
-590.8
248.0
146.1
-488.9
-557.9
258.7
145.4
-444.6
-524.4
247.6
144.3
-421.1
-515.8
257.0
142.6
-401.4
-523.1
237.4
152.4
-438.1
-506.1
257.4
155.1
-403.9
60
61
62
63
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
25
Gross investment
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
38.6
350.6
384.6
333.2
331.2
343.3
341.7
377.9
262.0
395.2
327.1
-86.6
206.7
-36.6
52.8
256.9
-39.4
330.4
91.8
644.8
279.2
658.3
196.3
0.1
196.2
166.7
-0.1
166.9
167.4
4.7
162.8
181.5
6.3
175.2
198.7
5.3
193.4
195.2
4.9
190.3
197.9
6.4
191.5
197.8
5.1
192.7
204.0
4.9
199.1
208.0
4.9
203.1
205.9
2.2
203.8
3
4
5
3
4
5
Capital expenditures
Fixed residential investment
Fixed nonresidential investment
-282.9
39.9
-204.1
-128.7
58.2
-234.6
132.5
-106.0
440.8
71.2
452.3
4982.5
-1286.0
-348.1
2133.0
1807.9
1598.5
852.3
1574.1
3206.7
4676.8
3377.6
0.6
0.0
-0.0
-14.6
1351.5
0.3
3.0
4.0
11.6
-349.5
0.3
0.0
0.9
8.7
-106.9
-0.3
0.0
0.7
-62.9
603.0
0.2
0.0
0.6
0.4
-64.1
0.3
0.0
0.8
-11.3
-58.1
0.2
0.0
0.5
-28.6
-177.7
0.2
0.0
0.5
28.7
-254.9
0.1
0.0
0.5
12.5
234.3
0.2
0.0
0.9
21.8
1170.7
0.2
0.0
0.7
-46.7
886.9
8
9
10
11
12
66.5
121.4
316.6
-67.4
-34.7
129.2
-176.7
-83.9
-29.3
-108.4
-168.5
6.5
36.6
-46.9
-59.9
-58.2
11.3
13.4
-7.4
96.2
-90.9
-140.8
-154.1
44.8
-11.9
-23.2
-167.3
214.6
-5.6
150.9
40.7
161.8
153.7
66.9
251.0
-36.5
14.0
-38.4
-139.9
135.4
-10.8
96.4
-60.6
-260.6
13
14
15
16
8
9
10
11
12
13
14
15
16
17
2096.2
-954.3
-167.3
1030.4
1111.1
1414.1
486.6
767.5
1776.4
1893.1
1609.4
17
18
19
20
21
22
-8.5
423.3
743.7
42.1
-26.4
-396.7
361.7
684.8
38.5
54.0
-103.3
425.3
131.0
44.1
282.1
-76.3
962.2
153.6
14.8
210.7
-7.3
284.9
252.8
138.2
416.2
-25.0
632.7
421.3
124.9
593.5
-10.5
-18.9
146.9
111.3
184.4
-38.9
189.2
126.8
194.6
444.5
45.3
336.7
316.2
122.1
442.4
84.5
646.2
765.0
136.0
402.0
13.6
395.4
366.7
44.4
318.7
18
19
20
21
22
23
24
25
26
689.9
145.5
77.0
9.6
-749.7
-463.8
-299.4
-183.7
-96.5
-209.7
-503.6
-136.7
132.5
-31.3
-317.9
-18.0
172.9
39.7
-230.9
44.6
141.0
-45.6
-422.5
-6.1
147.7
104.5
-225.6
46.8
151.6
-3.8
-326.9
30.5
251.2
103.9
51.4
107.2
42.8
29.9
-246.1
32.8
205.1
240.7
-30.0
54.7
23
24
25
26
213.2
48.0
170.8
68.4
81.4
17.1
-87.0
-13.2
165.7
66.5
86.1
71.0
84.0
74.1
262.6
68.9
229.9
52.1
172.0
78.9
278.1
27.3
27
28
27
28
Corporate equities
Mutual fund shares
29
30
Trade receivables
Security credit
-14.9
-274.2
-38.0
-21.8
-8.6
97.9
-0.8
39.7
-1.6
165.2
6.6
142.1
-8.0
73.5
5.9
256.2
-11.0
189.1
3.9
-131.7
-5.1
-79.2
29
30
31
32
5.3
1134.3
2.8
-17.4
8.2
19.8
7.3
744.8
14.7
235.7
36.9
251.0
9.0
326.4
11.7
79.0
1.1
286.5
10.2
1485.8
5.9
935.8
31
32
33
5265.3
-1326.0
-144.1
2261.7
1749.7
1833.1
719.8
1680.1
2765.8
4605.6
2925.3
33
34
1823.0
-590.9
-132.9
844.5
-208.8
390.3
-274.2
-455.4
-495.7
2089.1
1799.2
34
35
36
37
38
568.4
334.2
724.2
-888.0
-7.9
375.4
-498.7
232.0
266.3
116.1
-503.2
-197.1
234.5
372.8
-112.8
-133.4
268.5
516.1
7.1
-14.0
-73.9
341.6
-190.9
197.0
301.1
435.8
-148.9
-117.5
223.1
422.3
55.3
-111.1
623.6
864.6
312.8
-24.5
299.1
83.9
-135.0
-23.4
72.7
447.8
77.2
-356.3
35
36
37
38
39
40
41
42
43
44
45
46
47
Corporate equities
Mutual fund shares
48
49
Trade payables
Security credit
50
51
52
53
54
Taxes payable
Equity in noncorporate business
Miscellaneous liabilities
55
Discrepancy
896.9
-1808.7
-931.7
-434.0
-394.0
-388.1
-676.2
-274.9
-236.7
-70.9
63.6
39
-125.4
768.7
-282.9
-448.1
-60.1
-585.9
-102.2
-46.9
-575.1
-68.2
-21.9
-324.7
-58.8
-22.4
-207.9
-29.5
-140.4
-59.5
-54.1
-8.5
-411.6
-65.4
-7.6
-226.3
-86.1
67.0
-134.3
-12.4
182.0
-273.6
-15.7
176.2
-249.8
40
41
42
496.4
33.3
6.8
-435.4
-282.6
3.4
-62.9
-144.7
0.2
31.6
-60.0
9.1
-124.0
3.5
15.6
-148.3
-20.8
10.4
-280.6
53.8
24.9
32.0
-19.8
12.2
-99.0
0.8
14.9
-16.8
45.7
4.2
28.1
126.3
-1.4
43
44
45
639.3
-9.9
316.4
497.1
191.2
370.1
164.0
338.4
155.1
625.7
35.8
586.8
119.9
585.4
256.0
782.3
208.8
548.2
232.0
957.8
42.2
498.6
46
47
-24.7
-237.3
48.9
-134.0
-52.0
48.4
-3.8
137.1
-0.0
124.0
12.2
66.2
-15.3
228.0
-2.0
167.6
5.0
34.1
4.6
-122.1
1.0
92.9
48
49
66.0
538.0
25.4
427.4
16.4
614.7
92.8
473.0
-11.9
497.1
-10.1
464.5
-74.6
381.8
12.0
526.3
25.1
615.7
-10.2
463.9
12.9
477.4
50
51
-133.6
11.6
957.1
6.1
0.6
-215.0
13.0
0.9
35.7
10.7
-1.7
279.6
6.5
6.5
171.9
21.9
29.4
350.2
1.0
5.3
-31.7
37.8
-3.6
44.4
-34.8
-5.3
324.9
44.4
-5.3
797.7
-67.1
1.1
-238.0
52
53
54
125.2
144.0
421.2
280.4
74.3
382.6
11.3
286.1
-382.9
115.9
-331.2
55
(1) Sum of financial sectors shown on tables F.108 and F.110 through F.130.
Flows
2008
26
2009
2010
2011
2012
2012
Flows
Q1
Q2
2013
Q3
Q4
Q1
Q2
Gross saving
3.0
-0.8
-8.6
-0.3
-17.6
-23.9
-22.1
-18.9
-5.6
-1.6
-0.8
0.6
0.7
0.6
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
1319.3
-3.4
186.0
494.0
7.7
-186.3
-27.5
-203.0
447.7
1211.2
1116.3
4
5
6
0.6
0.0
-0.0
0.3
3.0
4.0
0.3
0.0
0.9
-0.3
0.0
0.7
0.2
0.0
0.6
0.3
0.0
0.8
0.2
0.0
0.5
0.2
0.0
0.5
0.1
0.0
0.5
0.2
0.0
0.9
0.2
0.0
0.7
4
5
6
-1.5
-0.6
0.7
0.8
0.1
-0.4
0.0
0.4
0.5
-0.4
-0.5
511.1
495.4
15.7
-463.1
-447.4
-15.7
-96.4
-96.4
0.0
-0.0
-0.0
0.0
-0.1
-0.1
0.0
-0.8
-0.8
0.0
0.3
0.3
0.0
0.2
0.2
0.0
-0.2
-0.2
0.0
-0.2
-0.2
0.0
0.4
0.4
0.0
8
9
10
33.5
-80.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
11
245.4
1001.6
271.5
376.5
34.5
-33.4
-23.5
-203.4
398.4
1134.2
1083.8
12
0.0
-264.7
-209.4
-55.3
19.7
0.0
19.7
0.0
300.7
0.0
300.7
1048.5
908.4
140.2
0.0
244.9
0.0
244.9
71.4
83.8
-12.4
0.0
642.0
0.0
642.0
-197.9
-154.5
-43.5
0.0
2.7
-18.4
21.1
61.8
89.0
-27.2
0.0
46.3
0.0
46.3
-33.6
-3.6
-30.1
0.0
-18.6
0.0
-18.6
52.9
72.9
-20.0
0.0
-78.8
-73.7
-5.1
-112.4
-80.1
-32.3
0.0
61.8
0.0
61.8
340.2
366.7
-26.5
0.0
575.2
0.0
575.2
559.7
577.1
-17.4
0.0
548.5
0.0
548.5
535.8
548.7
-13.0
13
14
15
16
17
18
19
490.4
0.0
0.0
45.5
29.1
38.9
19.5
24.4
333.0
-347.6
47.5
0.0
-45.5
0.1
-16.7
-3.5
-5.9
-323.6
-44.8
-22.8
0.0
0.0
-3.4
-2.2
-2.5
-4.4
-9.4
-67.6
-15.7
0.0
0.0
-21.0
-20.0
-6.7
-4.2
0.0
-29.9
-8.5
0.0
0.0
-4.9
0.0
-6.8
-9.8
0.0
-46.1
-7.8
0.0
0.0
-7.8
0.0
-27.2
-3.3
0.0
-57.7
-10.1
0.0
0.0
-11.7
0.0
0.0
-36.0
0.0
-12.2
-12.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-3.6
-3.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-0.7
-0.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-0.5
-0.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
20
21
22
23
24
25
26
27
28
0.0
530.2
529.7
0.5
25.1
-493.8
-543.5
49.6
1.3
7.8
-10.2
18.0
-26.4
142.9
99.7
43.1
0.0
-27.6
-90.9
63.4
0.0
-152.8
-213.4
60.5
0.0
-5.0
-74.1
69.0
0.0
-1.0
-61.7
60.7
0.0
48.5
-14.6
63.1
0.0
76.6
-3.3
79.9
0.0
31.6
-25.5
57.1
29
30
31
32
1316.7
-8.0
185.1
493.7
7.3
-187.6
-28.0
-203.1
447.8
1210.4
1116.6
33
8
9
10
11
Security RPs
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
839.2
2.7
117.0
-2.8
-8.9
-2.2
594.2
8.1
-71.2
7.1
-49.3
-7.7
-171.8
-6.2
-266.5
11.0
202.7
31.3
1197.2
-25.8
891.6
-4.7
34
35
36
428.2
-117.6
185.0
-122.1
62.1
-175.7
244.8
47.8
131.6
-16.8
313.8
36
349.3
0.0
90.0
259.3
-173.8
-0.0
80.5
-254.3
149.0
-0.1
-45.9
195.0
-255.0
-0.0
-55.0
-200.0
7.0
0.0
7.0
0.0
-167.7
0.1
-167.7
0.0
195.2
-0.1
195.4
0.0
-24.1
0.0
-24.1
0.0
24.5
0.1
24.4
0.0
-52.3
0.3
-52.6
0.0
226.5
-0.4
226.9
0.0
37
38
39
40
1.3
19.4
58.2
1.0
14.0
41.2
0.9
-21.6
56.7
-3.2
51.1
85.0
6.3
-37.4
86.2
0.0
-111.0
102.9
5.8
-27.7
71.5
16.2
-29.2
84.9
3.2
18.3
85.7
11.0
-28.1
52.6
3.3
-2.7
86.6
41
42
43
37
38
39
40
41
42
43
44
Security RPs
44.4
-10.6
-18.0
40.2
7.3
-12.9
-44.8
29.1
57.8
-6.9
-41.2
44
45
46
47
Miscellaneous liabilities
Federal Reserve Bank stock
Other
2.2
2.6
-0.5
6.1
4.6
1.5
29.2
0.9
28.3
-26.7
0.4
-27.1
2.0
0.5
1.5
58.1
1.3
56.8
-50.0
0.5
-50.5
-24.5
0.1
-24.6
24.3
-0.0
24.3
62.7
0.8
61.8
-43.0
-0.3
-42.7
45
46
47
-0.2
-6.0
-10.0
-1.2
-18.6
-25.7
-23.2
-19.5
-6.1
-2.9
-1.1
48
48
Discrepancy
(1) Assets and liabilities of Federal Reserve Banks and Treasury monetary accounts that supply or absorb bank reserves. Excludes the accounts of the Federal Reserve Board.
(2) Shown on table F.203.
(3) Federal Reserve loans extended to U.S.-chartered depository institutions through term auction credit, primary credit, secondary credit, and seasonal credit.
(4) Federal Reserve loans extended to U.S.-chartered depository institutions through the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
(5) Loans extended to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF).
(6) Loans extended through the Federal Reserves Primary Dealer Credit Facility (PDCF) and AMLF.
(7) Loan extended by the Federal Reserve to Maiden Lane LLC to facilitate the arrangements associated with JPMorgan Chase & Co.s acquisition of Bear Stearns Companies, Inc.
(8) Loan extended by the Federal Reserve to Maiden Lane II LLC to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of AIG subsidiaries.
(9) Loan extended by the Federal Reserve to Maiden Lane III LLC to purchase CDOs on which AIG has written credit default swap contracts.
(10) Loan extended by the Federal Reserve to Commercial Paper Funding Facility LLC.
(11) Preferred interests in AIA Aurora LLC and ALICO Holdings LLC, two limited liability companies created to hold all the outstanding common stock of American International Assurance
Company Ltd (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.
(12) Reciprocal currency arrangements (swap lines) with foreign central banks.
27
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
35.2
90.9
142.9
76.1
27.5
31.4
63.5
69.3
-54.0
107.4
36.9
33.0
29.7
24.7
24.0
25.7
25.4
24.1
25.3
27.8
30.6
30.1
-40.2
-267.1
-210.0
-110.7
-93.1
-424.9
60.9
-296.1
287.6
-171.9
427.4
1574.9
-624.4
-228.1
1027.1
422.2
242.9
578.6
149.1
718.3
1227.5
1450.8
5
6
Vault cash
Reserves at Federal Reserve
2.7
839.2
-2.8
117.0
-2.2
-8.9
8.1
594.2
7.1
-71.2
-7.7
-49.3
-6.2
-171.8
11.0
-266.5
31.3
202.7
-25.8
1197.2
-4.7
891.6
5
6
381.2
-591.8
-202.6
197.4
403.0
299.8
346.3
288.4
677.6
129.1
179.2
8
9
10
11
12
15.3
-20.8
142.2
20.4
-40.4
-15.7
94.7
172.6
3.4
-136.0
0.0
103.0
138.5
29.3
-126.8
0.0
-46.7
133.6
46.8
6.9
0.0
86.6
49.7
66.0
-5.6
0.0
82.5
288.3
53.5
-147.6
0.0
100.0
-93.7
77.2
-13.5
0.0
60.0
16.5
84.6
84.7
0.0
103.9
-12.2
48.7
54.0
0.0
-69.7
159.8
58.7
-81.8
0.0
-150.1
54.5
64.8
-25.6
8
9
10
11
12
13
14
15
16
199.5
-0.2
-4.5
69.7
-402.1
0.0
-245.2
-63.6
-51.8
0.0
-213.9
-81.0
200.1
0.0
-146.8
3.6
202.8
0.0
-45.2
48.7
187.1
0.0
-153.0
-11.0
205.4
0.0
4.8
66.1
163.8
0.0
-165.2
44.0
254.9
0.0
132.5
95.7
43.5
0.0
-18.1
36.7
205.6
0.0
-15.7
45.6
13
14
15
16
0.9
1.3
6.3
14.1
-1.7
-5.6
0.9
-0.5
5.1
8.7
8.5
-9.3
3.0
11.4
6.1
11.5
3.0
21.1
-2.7
14.9
0.1
1.3
17
18
-113.5
6.4
-59.9
0.8
22.7
4.5
79.0
4.8
100.3
7.4
26.6
12.4
166.5
4.8
157.4
5.9
50.7
6.4
-148.2
5.3
-58.0
4.7
19
20
17
18
Corporate equities
Mutual fund shares
19
20
Security credit
Life insurance reserves
21
456.6
-108.0
-34.2
143.1
-38.2
-38.1
224.5
-64.6
-274.6
57.7
436.4
21
22
1615.1
-357.3
-18.1
1137.8
515.4
667.8
517.7
445.3
430.6
1399.4
1023.4
22
23
981.0
-705.0
-121.8
242.2
-144.6
447.3
-96.2
-199.9
-729.7
917.7
912.2
23
24
25
26
Checkable deposits
Small time and savings deposits
Large time deposits
140.2
524.8
-190.6
109.7
517.2
-141.8
81.3
298.3
-182.3
356.7
577.4
-204.6
206.4
539.7
-23.6
101.9
418.9
-77.2
56.3
473.8
-38.0
175.3
529.6
-107.3
492.0
736.4
128.2
315.9
130.8
-46.9
-241.0
374.3
73.5
24
25
26
27
-347.2
291.3
-141.8
-78.6
-112.0
-180.9
-34.0
-128.0
-104.9
-107.1
-190.3
27
28
7.2
-306.3
-162.1
-75.8
-26.3
-40.8
-19.6
-71.9
27.1
-16.4
69.3
28
0.0
0.1
7.1
0.1
-28.5
-278.0
-20.1
6.7
-148.7
7.6
-21.0
-62.5
-33.1
1.3
5.6
-65.1
50.4
-26.0
-9.0
-50.9
40.3
-45.4
-18.2
-8.3
-13.0
23.7
16.3
-52.2
-7.6
43.5
-41.2
-9.8
120.3
29
30
31
29
30
31
Miscellaneous assets
32
33
12.1
-86.0
11.6
7.3
11.9
6.6
6.4
10.6
2.1
6.7
3.5
7.7
1.3
9.1
1.1
16.3
2.3
-6.4
1.4
7.6
0.8
-51.8
32
33
34
35
36
37
38
Miscellaneous liabilities
Foreign direct investment in U.S.
Investment by holding companies
Investment by funding corporations
Other
573.5
24.8
113.6
35.6
399.5
-141.4
16.6
166.8
-73.5
-251.2
191.7
12.4
33.4
-31.5
177.5
303.6
27.2
76.1
-33.7
234.0
67.1
-2.4
101.2
-11.8
-19.9
-12.5
-26.4
22.3
65.7
-74.1
165.0
6.7
174.2
-103.0
87.1
230.1
5.6
136.6
-42.3
130.2
-114.3
4.4
71.8
32.3
-222.8
196.3
7.7
110.7
67.7
10.3
76.5
7.2
-101.0
-3.4
173.6
34
35
36
37
38
42.3
328.3
328.2
162.8
95.0
430.9
-21.6
340.1
-369.5
248.7
-420.6
39
-1.7
-2.6
-0.8
-0.1
0.4
-0.4
-0.2
1.0
1.2
1.2
2.0
40
39
Discrepancy
Memo:
40
(1) U.S.-chartered depository institutions (F.110), foreign banking offices (F.111), banks in U.S.-affiliated areas (F.112), and credit unions (F.113).
(2) Net capital transfers paid from table F.9, line 54.
(3) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).
The leased automobile is a nonfinancial asset; depreciation flows are included in line 1, and fixed investment flows are included in line 2.
Flows
2008
28
2009
2010
2011
2012
2012
Flows
Q1
Q2
2013
Q3
Q4
Q1
Q2
26.3
82.2
132.2
63.1
12.1
16.8
48.4
53.6
-70.5
95.7
26.7
26.8
24.2
20.3
19.1
20.0
19.8
18.5
19.7
22.0
24.8
24.3
956.4
-310.9
-362.0
333.9
399.4
356.1
377.4
120.6
743.6
743.9
463.9
4
5
Vault cash
Reserves at Federal Reserve
2.7
596.6
-2.8
53.7
-2.2
-89.7
8.1
224.8
7.1
-6.7
-7.7
-6.6
-6.2
-160.1
11.0
-165.7
31.3
305.6
-25.8
730.3
-4.7
80.4
4
5
241.9
-336.7
-176.6
126.9
357.8
274.7
349.6
174.3
632.8
161.8
187.7
7
8
9
10
11
12
13
14
15.7
-23.7
136.2
153.9
0.0
19.8
0.0
-37.5
-15.7
68.1
168.0
-13.4
0.1
70.1
0.1
111.3
0.0
93.0
110.1
-2.2
-0.2
129.4
-0.4
-16.6
0.0
-43.7
106.9
63.8
4.8
80.3
9.8
-51.8
0.0
69.3
35.5
18.6
8.6
-10.8
21.0
-1.9
0.0
27.6
260.2
210.3
5.2
66.5
13.2
-35.0
0.0
142.4
-123.2
-57.5
6.6
-85.5
26.6
-13.3
0.0
-7.9
17.2
2.0
11.4
-2.2
22.0
-16.0
0.0
115.2
-12.0
-80.5
11.4
-21.9
22.4
56.6
0.0
-80.9
163.5
160.1
11.7
-31.4
19.5
3.5
0.0
-100.3
60.7
61.5
12.6
-45.7
27.4
4.9
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Municipal securities
Corporate and foreign bonds
Private residential mortgage pass-through securities
Private commercial mortgage pass-through securities
Private residential CMOs and other structured MBS
Private commercial CMOs and other structured MBS
Other
19.9
-64.1
-25.7
0.0
-43.3
0.0
5.0
2.4
25.9
6.6
1.1
-51.6
-3.8
73.7
30.3
-98.8
-9.7
-6.4
-70.6
-1.4
-10.7
42.6
3.0
-3.1
-2.5
-22.0
2.7
27.8
65.8
-1.2
15.3
0.4
-20.8
4.1
-0.1
47.7
-78.3
-1.3
1.4
-47.0
-5.1
-26.3
83.0
-13.9
62.5
-0.3
-14.5
10.2
-71.8
84.7
55.4
-2.6
-0.3
-3.8
5.0
57.0
47.9
32.2
2.5
0.6
-17.7
6.3
40.5
53.9
-14.8
3.7
-0.5
-18.8
4.4
-3.5
66.2
9.5
13.7
1.8
-19.9
2.5
11.4
15
16
17
18
19
20
21
22
23
24
25
131.2
0.0
-43.4
70.1
-277.7
0.0
-243.3
-64.5
-35.9
0.0
-205.0
-70.3
156.3
0.0
-145.4
7.1
212.4
0.0
-52.2
28.1
201.1
0.0
-153.1
-30.4
216.8
0.0
0.8
43.7
163.1
0.0
-171.1
33.0
268.8
0.0
114.7
66.0
45.2
0.0
-14.8
9.8
145.0
0.0
-26.2
32.8
22
23
24
25
0.9
1.3
6.3
14.8
-1.8
-5.8
1.0
-0.8
5.1
8.3
8.5
-10.3
3.0
11.6
6.1
11.1
3.0
20.7
-2.7
13.8
0.1
2.2
26
27
26
27
Corporate equities
Mutual fund shares
28
29
30
Security credit
Life insurance reserves
Miscellaneous assets
12.8
6.4
93.7
-59.2
0.8
12.2
-5.8
4.5
-84.6
37.3
4.8
-68.2
42.3
7.4
-21.9
-39.4
12.4
124.4
75.8
4.8
99.0
128.1
5.9
-50.0
4.7
6.4
-261.0
-135.7
5.3
-3.1
-41.6
4.7
235.0
28
29
30
31
992.7
-59.6
-141.7
472.8
493.5
799.9
299.4
405.4
469.4
871.3
24.0
31
32
33
34
35
36
746.9
-1.5
511.1
71.3
166.1
-534.3
-0.6
-463.1
23.5
-94.1
-213.0
0.7
-96.4
-28.2
-89.0
-229.4
0.8
-0.0
58.3
-288.5
-125.0
0.1
-0.1
-31.4
-93.6
387.1
-0.4
-0.8
143.8
244.4
-205.9
0.0
0.3
-97.8
-108.4
-191.2
0.4
0.2
-133.3
-58.5
-490.0
0.5
-0.2
-38.4
-451.8
560.9
-0.4
-0.2
237.6
323.9
185.8
-0.5
0.4
-14.7
200.6
32
33
34
35
36
37
38
39
40
Checkable deposits
Federal government
Rest of the world
Private domestic
137.9
-39.5
31.2
146.2
94.0
0.3
-28.7
122.4
69.6
-0.1
-3.8
73.5
319.4
-2.7
25.6
296.5
176.9
0.3
-4.2
180.8
62.4
-0.1
-13.5
76.0
32.6
0.8
-4.5
36.4
163.9
-0.2
4.6
159.5
448.7
0.7
-3.4
451.4
264.9
-0.7
-22.8
288.4
-286.3
0.3
-22.5
-264.1
37
38
39
40
41
42
43
480.6
-69.0
-255.8
472.3
-329.8
253.5
271.7
-130.2
-194.9
537.1
-35.3
-112.9
491.6
-4.8
-138.2
357.5
35.6
-211.7
405.0
71.0
-59.3
498.6
-116.2
-115.2
705.2
-9.7
-166.4
107.7
-93.7
-138.2
306.7
36.4
-97.8
41
42
43
44
-0.9
-292.2
-161.7
-73.9
-27.2
-35.7
-23.0
-74.5
24.3
-4.9
64.3
44
0.2
0.1
-1.2
0.1
-28.5
-263.9
-20.1
6.7
-148.3
7.6
-21.0
-60.5
-33.1
1.3
4.6
-65.1
50.4
-21.0
-9.0
-50.9
36.9
-45.4
-18.2
-10.9
-13.0
23.7
13.5
-52.2
-7.6
54.9
-41.2
-9.8
115.3
45
46
47
45
46
47
48
49
12.1
-86.0
11.6
7.3
11.9
6.6
6.4
10.6
2.1
6.7
3.5
7.7
1.3
9.1
1.1
16.3
2.3
-6.4
1.4
7.6
0.8
-51.8
48
49
50
51
52
Miscellaneous liabilities
Investment by holding companies
Other
26.7
113.6
-86.9
257.9
166.8
91.2
198.4
33.4
165.1
50.8
76.1
-25.4
111.5
101.2
10.3
193.5
22.3
171.2
68.5
174.2
-105.7
222.6
136.6
86.0
-38.5
71.8
-110.3
165.6
110.7
54.9
-134.2
-101.0
-33.3
50
51
52
35.9
309.3
332.2
183.0
86.2
440.8
-48.1
318.7
-366.7
198.3
-437.5
53
-1.7
-2.6
-0.8
-0.1
0.4
-0.4
-0.2
1.0
1.2
1.2
2.0
54
53
Discrepancy
Memo:
54
(1) Net capital transfers paid from table F.9, line 54.
(2) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).
The leased automobile is a nonfinancial asset; depreciation flows are included in line 1, and fixed investment flows are included in line 2.
29
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
Gross saving
2.2
2.2
2.2
2.8
3.3
3.3
3.3
3.3
3.3
3.4
3.4
2.6
2.3
1.9
2.3
2.9
2.8
2.9
2.9
3.0
2.9
3.0
576.8
-357.3
69.3
662.2
-32.2
-270.0
186.4
34.8
-80.0
379.7
936.8
238.0
45.1
66.7
360.2
-72.2
-127.3
34.6
-68.9
-127.2
410.1
873.2
100.8
-285.8
-30.8
37.7
-0.7
-51.3
-40.3
75.1
13.6
-85.4
-41.5
6
7
8
9
10
0.0
5.1
-6.5
0.0
32.1
0.0
22.0
-19.3
0.0
-156.7
0.0
3.5
-4.8
0.0
-11.0
0.0
-0.5
4.0
0.0
0.6
0.0
16.1
1.5
0.0
-5.8
0.0
44.5
-6.1
0.0
-72.2
0.0
-42.6
12.9
0.0
0.7
0.0
65.3
-8.3
0.0
29.0
0.0
-2.7
7.6
0.0
19.4
0.0
11.8
-17.5
0.0
-73.2
0.0
-50.5
-6.4
0.0
-37.9
6
7
8
9
10
11
12
13
65.1
-0.2
5.2
-125.4
0.0
-6.4
-16.1
0.0
-2.5
36.1
0.0
-2.6
-10.7
0.0
-1.9
-11.2
0.0
-6.4
-11.3
0.0
-0.1
-11.0
0.0
0.1
-9.6
0.0
-1.2
-1.6
0.0
-4.9
53.7
0.0
-0.4
11
12
13
0.0
-126.3
0.0
-0.8
0.1
28.5
-0.0
41.6
0.0
58.0
0.0
66.0
0.0
90.7
0.0
29.3
0.0
46.0
0.0
-12.5
0.0
-16.4
14
15
14
15
16
Corporate equities
Security credit
364.3
-115.8
4.9
222.7
-17.3
-157.4
101.4
-0.7
-12.4
67.5
121.5
16
17
572.1
-355.9
70.5
666.8
-29.6
-266.1
187.3
40.5
-79.9
387.5
954.1
17
18
19
20
240.4
244.7
-4.3
-158.9
-176.3
17.5
48.2
40.8
7.3
496.5
509.6
-13.1
-12.0
-57.7
45.7
-9.0
15.9
-24.9
161.6
147.9
13.7
35.6
-168.5
204.2
-236.2
-226.1
-10.1
312.6
264.0
48.6
743.3
793.7
-50.4
18
19
20
21
22
23
Checkable deposits
Small time and savings deposits
Large time deposits
1.7
0.1
-123.2
2.6
4.4
173.9
5.7
5.8
-49.6
23.7
13.2
-172.4
16.2
13.8
-24.8
-5.1
36.0
-119.2
18.4
16.8
-114.7
19.9
1.2
6.7
31.7
1.2
127.9
7.5
20.7
39.0
39.0
11.5
31.0
21
22
23
24
25
-96.3
-0.2
40.3
0.0
52.9
0.0
50.2
0.0
20.0
0.0
42.6
0.0
-1.5
0.0
-27.1
0.0
65.8
0.0
-13.8
0.0
-88.9
0.0
24
25
26
27
28
29
Miscellaneous liabilities
Foreign direct investment in U.S.
Investment by funding corporations
Other
549.5
24.8
35.6
489.1
-418.2
16.6
-73.5
-361.2
7.5
12.4
-31.5
26.6
255.5
27.2
-33.7
262.1
-42.7
-2.4
-11.8
-28.5
-211.4
-26.4
65.7
-250.7
106.6
6.7
-103.0
203.0
4.1
5.6
-42.3
40.8
-70.3
4.4
32.3
-107.1
21.5
7.7
67.7
-53.8
218.2
7.2
-3.4
214.4
26
27
28
29
-5.1
1.3
1.5
5.1
3.1
4.3
1.3
6.1
0.5
8.2
17.8
30
30
Miscellaneous assets
Discrepancy
(1) Branches and agencies of foreign banks, Edge Act and Agreement corporations, New York investment companies (through 1996:Q2), and American Express Bank (through 2008:Q4).
Flows
2008
30
2009
2010
2011
2012
2012
Q1
2013
Q3
Q4
Q1
Q2
Gross saving
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.2
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
-2.9
-7.3
-14.8
-4.1
0.0
-0.5
11.4
-13.3
2.6
0.7
24.0
Flows
Q2
5
6
7
8
9
10
11
12
13
-1.9
-2.8
-19.3
-4.9
-0.1
-0.6
-4.6
-2.9
7.5
-1.1
-0.1
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Corporate and foreign bonds
-0.6
-2.0
0.5
0.0
-0.7
-3.9
0.9
1.5
0.6
-7.7
-0.9
-1.4
-0.0
-8.0
0.9
3.6
-0.6
-2.2
-0.8
1.0
-0.7
1.2
-0.1
0.5
1.9
-1.2
-2.6
-0.8
-1.5
-3.3
0.1
2.0
-2.1
-5.5
-0.7
2.4
-0.1
-0.7
0.2
1.6
0.1
-1.1
0.2
-0.2
5
6
7
8
-1.7
1.4
0.4
-0.3
-0.3
-0.0
-3.3
-2.5
-4.0
1.1
-2.4
-0.1
1.0
2.3
-0.8
0.4
-1.0
-0.9
0.3
-1.0
-1.1
1.4
-0.8
-0.9
1.7
11.9
-0.2
0.3
-0.3
-2.1
3.6
-3.1
0.4
9
10
11
-1.0
-4.5
4.5
0.8
0.2
0.1
16.0
-10.4
-5.0
1.8
24.1
12
-3.4
-1.1
-14.8
-3.1
-0.1
-1.4
12.1
-11.5
0.5
0.8
26.3
13
Miscellaneous assets
Net increase in liabilities
14
15
16
17
-0.6
-1.1
1.1
1.1
-1.0
1.4
-2.9
-2.9
0.9
0.5
-5.2
-5.2
-1.2
2.8
-0.4
-0.4
-0.4
2.5
-0.1
-0.1
0.5
0.7
-0.8
-0.8
-0.6
11.0
3.4
3.4
-2.9
-5.5
-4.1
-4.1
1.5
3.9
1.2
1.2
1.3
0.8
1.2
1.2
-2.7
17.0
5.9
5.9
14
15
16
17
18
Miscellaneous liabilities
-3.8
4.3
-5.9
-3.9
-2.0
-1.1
-5.0
5.2
-7.2
-3.6
0.2
18
-0.5
6.2
-0.0
1.0
-0.1
-0.9
0.7
1.9
-2.0
0.1
2.3
19
19
Discrepancy
(1) Commercial banks and branches of U.S.-chartered depository institutions located in Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam, and other U.S.-affiliated insular areas.
Gross saving
6.5
6.3
8.4
10.0
12.0
11.2
11.7
12.3
13.0
8.2
6.6
3.5
3.1
2.4
2.4
2.7
2.6
2.7
2.7
2.8
2.7
2.8
44.6
51.1
79.4
35.1
55.0
157.4
3.3
7.1
52.2
103.1
26.1
4.7
18.1
14.1
9.2
7.7
84.6
-46.2
-31.8
24.4
56.8
-62.0
40.4
33.5
24.0
37.6
46.0
77.0
41.7
41.9
23.7
53.7
33.2
6
7
8
9
10
-0.4
-1.6
14.4
0.0
-8.4
0.0
5.4
27.8
0.0
-6.7
0.0
5.9
40.9
0.0
-15.7
0.0
-2.5
30.6
3.2
-0.3
0.0
1.7
14.9
1.0
0.3
0.0
11.0
33.1
5.9
2.4
0.0
-1.7
17.8
-3.2
0.5
0.0
4.0
11.0
-0.2
-1.6
0.0
-6.5
-2.3
1.5
0.1
0.0
-0.4
14.5
4.5
4.6
0.0
0.6
1.3
-1.5
3.0
6
7
8
9
10
11
12
13
4.8
32.0
-0.4
1.3
4.8
0.9
3.5
0.0
-10.7
6.6
3.5
-3.4
0.1
7.3
20.6
-3.2
8.5
19.4
-0.4
6.1
22.4
10.2
7.5
10.9
-6.1
7.3
29.7
-0.4
3.9
26.9
3.4
13.6
12.8
11
12
13
-0.0
-0.4
-0.7
0.2
0.2
41.1
0.3
-12.1
0.4
0.8
1.0
-5.1
-0.1
8.0
0.4
-3.4
0.4
3.7
1.1
-8.5
-0.8
55.8
14
15
14
15
16
53.7
59.3
68.0
1.3
51.5
135.5
18.9
10.9
40.6
139.7
19.1
16
17
-5.7
-10.9
42.2
-23.7
-7.3
68.6
-51.4
-41.5
-5.1
42.9
-14.2
17
18
19
20
21
Shares/deposits
Checkable
Small time and savings
Large time
45.1
1.6
43.0
0.5
72.0
11.6
43.4
17.0
34.3
5.5
26.1
2.8
41.5
10.7
27.4
3.4
51.3
10.7
34.4
6.2
77.3
43.9
26.1
7.2
45.3
-5.7
48.5
2.4
37.3
-3.1
34.0
6.4
45.4
7.8
28.9
8.8
50.6
42.6
1.3
6.7
39.7
-10.8
50.2
0.2
18
19
20
21
22
23
4.8
8.3
-2.4
-14.1
0.1
-0.4
-15.9
-2.0
6.2
0.9
-11.8
-5.1
26.8
3.3
14.3
2.6
-4.3
2.8
44.9
-11.4
-3.6
4.9
22
23
24
Miscellaneous liabilities
1.1
14.7
-8.3
1.3
0.3
6.5
-5.1
-1.8
1.8
12.8
-7.7
24
12.0
11.5
-5.5
-26.2
5.8
-13.4
24.6
13.4
-1.3
42.1
-3.2
25
25
Discrepancy
31
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
30.3
41.4
51.4
32.9
27.1
39.2
41.2
42.2
-14.0
50.8
31.0
20.4
20.1
16.8
17.5
18.7
18.4
18.6
18.7
19.1
19.3
19.4
25.1
40.1
-38.2
24.6
22.4
11.6
14.6
24.8
38.5
28.2
31.2
4
5
6
-14.8
12.1
0.8
-0.3
-3.2
0.1
5.0
-4.0
-0.7
-8.5
-5.6
-2.1
12.3
3.8
0.1
20.2
3.5
0.1
0.5
3.7
0.1
14.6
3.8
0.1
13.9
4.0
0.1
-18.8
-4.3
-0.4
-4.6
-8.8
-0.7
4
5
6
-15.9
33.3
3.9
36.2
-2.5
-13.7
-11.0
1.1
13.6
20.4
4.2
5.8
-5.6
-11.5
10.6
-15.4
0.2
-9.3
22.9
1.9
-12.6
30.8
-0.5
-1.9
3.2
-0.4
-21.0
24.3
-0.3
0.9
4.6
6.9
-17.4
40.4
0.8
-1.3
-6.1
-9.0
-3.4
16.7
0.7
-1.4
-7.3
-10.7
-7.3
12.0
1.0
-1.3
-6.9
-10.2
-6.5
13.1
0.8
-1.3
-5.7
-8.4
-2.1
18.2
0.5
-1.2
-4.6
-6.8
2.3
23.5
0.5
0.2
-0.0
2.7
7.7
9.0
0.9
-2.9
-4.8
1.3
3.6
4.2
2.9
8
9
10
11
12
13
35.1
-0.4
1.3
6.8
-2.4
0.1
-3.7
16.3
-20.9
-0.1
0.8
-22.2
2.3
-0.1
3.4
-1.0
6.5
-0.1
4.8
-2.6
5.3
-0.0
15.8
-19.6
12.2
-0.1
3.6
5.5
-1.6
-0.1
9.8
-3.0
10.1
-0.1
-10.0
6.7
6.8
-0.1
8.1
16.4
11.7
-0.1
10.4
19.1
14
15
16
17
8
9
10
11
12
13
14
15
16
17
18
14.3
-4.3
2.9
16.9
-6.0
-22.6
-11.3
1.4
8.7
2.5
15.8
18
19
20
21
22
Security RPs
Corporate equity issues
Taxes payable (net)
Miscellaneous liabilities
1.9
0.4
-28.1
40.2
-1.7
-5.3
5.3
-2.6
0.8
-12.7
5.6
9.2
-1.1
-10.7
-4.4
33.1
0.4
-14.5
3.8
4.4
0.3
-18.1
26.0
-30.9
0.0
-13.1
-20.7
22.5
0.7
-22.2
17.9
5.0
0.7
-4.8
-8.1
20.9
1.1
-3.6
30.4
-25.5
1.3
-6.4
-8.1
29.0
19
20
21
22
-0.8
-23.2
75.7
7.6
-19.9
-13.4
-3.3
0.0
-62.8
5.8
-3.9
23
23
Discrepancy
(1) Net capital transfers paid from table F.9, line 51.
Gross saving
-44.6
13.5
16.6
8.0
2.8
-4.1
6.6
4.6
3.9
8.4
5.1
14.9
14.6
12.5
13.1
14.0
13.8
14.0
14.0
14.3
14.5
14.5
167.1
115.3
189.9
220.5
125.4
85.5
-40.5
209.5
247.0
26.0
14.2
4
5
6
24.4
17.5
5.2
-32.1
-5.5
2.2
1.0
-12.7
0.7
2.0
7.9
-0.8
2.7
-4.8
-2.7
-3.4
-5.7
-7.6
12.9
-4.7
-1.0
-10.2
-4.5
-1.0
11.4
-4.3
-1.0
2.8
15.9
5.2
-38.9
-29.6
0.8
4
5
6
11.6
139.8
151.6
123.6
73.6
145.6
-111.0
153.2
106.6
107.0
32.0
8
9
10
-3.4
35.1
-16.7
11.5
27.7
5.8
-8.9
23.2
4.0
-11.2
10.5
-1.2
15.0
4.6
-13.1
12.0
7.1
-5.3
1.7
-4.5
-31.8
2.0
9.9
-2.5
44.1
6.0
-12.9
21.3
7.9
-9.5
-20.3
-6.8
-36.6
8
9
10
11
12
13
14
Municipal securities
Corporate and foreign bonds
Other loans and advances
Mortgages
5.7
-45.5
20.3
16.3
26.1
97.6
-12.6
-16.3
39.2
102.9
-0.2
-8.6
9.3
93.4
7.9
15.0
9.6
43.8
1.8
11.9
12.7
105.9
-7.9
21.1
1.4
-95.9
4.1
13.9
14.3
119.2
4.8
5.5
10.0
46.0
6.2
7.2
3.0
83.4
-3.4
4.3
3.3
73.4
6.1
12.9
11
12
13
14
81.8
-10.7
33.4
0.0
45.6
1.0
37.7
1.1
15.3
1.3
6.4
1.2
16.2
1.3
20.0
1.3
18.5
1.3
18.7
1.3
65.0
1.4
15
16
37.2
-22.5
2.8
48.9
40.1
-51.0
45.9
50.8
114.5
-124.8
-16.5
17
15
16
Corporate equities
Mutual fund shares
17
Miscellaneous assets
18
166.9
30.9
168.1
201.3
91.4
68.4
-97.4
191.3
203.1
7.1
9.2
18
19
20
21
Security RPs
Corporate equity issues
Other loans and advances
-7.3
-10.7
26.2
-0.5
-0.9
-6.6
-2.2
-4.8
-3.2
0.1
-11.5
1.8
3.1
-9.9
4.8
1.6
-11.5
6.6
3.6
-11.9
15.7
4.0
-7.6
-0.2
3.4
-8.6
-3.0
0.5
-6.6
5.2
0.6
-9.7
6.5
19
20
21
22
23
24
25
66.0
22.5
-19.7
89.8
25.4
2.6
-7.0
17.9
16.4
145.3
2.6
14.0
92.8
75.3
5.2
37.7
-11.9
74.8
-4.6
35.1
-10.1
48.1
-14.8
48.6
-74.6
-46.9
13.9
2.8
12.0
112.1
0.9
70.2
25.1
186.0
-18.5
18.8
-10.2
23.7
-0.6
-4.9
12.9
-7.0
-6.7
12.6
22
23
24
25
-59.7
-85.6
-17.7
-24.3
-45.3
-35.0
-64.3
-27.6
-54.2
-24.9
-14.5
26
26
Discrepancy
(1) Annuity reserves held by life insurance companies, excluding unallocated contracts held by private pension funds, which are included in miscellaneous liabilities (line 25).
Flows
2008
32
2009
2010
2011
2012
2012
Flows
Q1
Q2
2013
Q3
Q4
Q1
Q2
Gross saving
1.2
1.3
1.3
1.3
1.5
1.5
1.5
1.5
1.5
1.5
1.5
2.2
1.5
1.3
1.1
1.4
1.4
1.4
1.4
1.5
1.4
1.5
514.4
424.5
469.3
397.9
422.3
416.5
428.7
414.2
429.7
440.3
484.5
4
5
-5.6
-3.9
-2.9
4.4
2.7
5.5
6.1
5.0
-0.5
-3.2
-1.3
-5.1
-1.2
-3.0
-0.7
-2.0
1.3
-2.5
-0.2
-0.6
1.5
-3.4
4
5
6
7
-0.1
-1.2
-11.5
0.1
-7.1
0.2
18.4
0.3
-5.2
-0.2
-7.0
-0.3
-6.9
-0.3
-3.4
0.6
-3.5
-1.0
-0.4
-0.1
-5.6
-0.3
6
7
-7.5
-65.7
156.0
93.6
23.8
79.7
5.0
-32.9
43.4
40.7
137.9
9
10
11
-6.4
16.7
-31.1
2.0
64.4
-9.3
3.6
51.3
8.9
5.7
59.1
11.2
-3.9
101.2
35.2
-2.1
143.5
67.0
-1.1
71.4
27.3
-8.9
89.9
12.0
-3.5
100.0
34.4
1.3
101.4
15.0
-4.7
115.8
25.5
9
10
11
12
13
24.4
-10.8
-116.8
-6.1
89.3
2.3
21.2
-4.4
-106.9
-3.8
-125.2
-5.0
-92.2
-3.1
-123.5
-3.6
-86.6
-3.4
-73.9
-4.2
4.1
-4.8
12
13
28.7
57.8
-66.1
54.3
-53.4
21.8
-145.4
-13.8
42.2
56.6
40.4
79.2
55.1
61.5
35.5
56.2
37.7
29.7
3.4
62.7
-15.2
24.6
14
15
446.1
303.4
-16.5
511.9
397.2
28.6
343.6
279.5
28.4
433.7
294.6
52.9
308.8
269.3
-2.5
230.9
189.0
-56.1
318.5
194.0
22.3
360.9
293.4
16.2
324.7
401.0
7.7
334.7
136.3
-41.9
344.8
564.7
46.9
16
17
18
515.4
424.8
469.4
397.7
422.2
416.4
428.7
414.2
429.7
440.2
484.4
19
760.1
346.8
167.6
247.5
-1.8
639.2
350.5
74.0
198.6
16.1
686.0
359.8
109.5
88.7
127.9
481.1
350.3
47.7
20.1
63.1
640.3
342.6
79.6
164.4
53.6
369.4
340.3
76.2
-72.6
25.5
708.1
339.0
89.7
320.1
-40.7
608.4
343.7
70.5
113.0
81.1
875.4
347.6
82.1
297.2
148.5
27.4
347.7
92.6
-413.5
0.6
ND
347.6
136.8
ND
ND
20
21
22
23
24
14
15
Corporate equities
Mutual fund shares
16
17
18
Miscellaneous assets
Claims of pension fund on sponsor (3)
Other
19
20
21
22
23
24
(1) Private pension funds, state and local government employee retirement funds, and federal government employee retirement funds defined benefit plans and defined contribution plans (including 401(k) type plans).
(2) Includes claims on sponsor (i.e., unfunded pension entitlements).
(3) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
(4) Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.
(5) Households retirement assets in tax-deferred accounts, including employer sponsored pension plans, IRAs, Roth IRAs, and annuities.
(6) Additional detail on private defined benefit plans is available on table L.117.b.
(7) Additional detail on private defined contribution plans is available on table L.117.c.
(8) IRA assets are not included above. See table L.226.i for a sectoral distribution of IRA accounts.
(9) Annuities held in IRAs at life insurance companies are excluded. They are included in line 23.
33
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
Gross saving
0.4
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.8
0.6
0.5
0.4
0.4
0.4
0.4
0.4
0.5
0.5
0.5
209.1
115.0
146.6
82.7
120.5
114.7
127.2
120.5
119.6
135.7
176.7
4
5
-5.5
-4.1
-2.9
2.8
2.1
-0.9
5.7
1.4
-0.3
-1.8
-1.1
-3.6
-1.0
-0.9
-0.6
-1.1
1.4
-1.7
-0.2
-0.1
1.7
-1.6
4
5
6
7
5.1
-1.0
-8.8
0.2
-10.1
-0.2
16.4
0.0
-3.6
-0.1
-5.3
-0.2
-4.4
-0.1
-2.4
0.7
-2.5
-1.0
0.2
-0.0
-3.5
-0.1
6
7
-4.9
12.7
123.2
73.2
11.8
42.3
15.7
-6.1
-4.5
27.7
65.9
9
10
11
-5.9
6.4
-0.2
1.0
35.0
-6.4
-2.7
33.2
6.5
2.1
27.8
3.3
-2.5
47.7
16.9
-0.5
76.8
33.1
1.2
33.1
11.2
-8.0
47.3
7.0
-2.6
33.6
16.4
1.9
60.0
9.1
-2.8
50.0
15.4
9
10
11
12
13
2.9
-8.0
-14.5
-2.4
83.4
2.8
44.6
-4.6
-47.8
-2.6
-63.6
-3.5
-28.0
-1.9
-50.0
-2.4
-49.5
-2.4
-40.6
-2.8
6.1
-2.9
12
13
14
15
Corporate equities
Mutual fund shares
-73.2
85.5
-95.4
56.5
25.2
35.1
-63.8
1.9
9.6
52.2
-12.6
73.5
19.3
56.6
32.9
54.9
-1.1
23.6
15.8
48.2
11.3
29.0
14
15
16
17
18
19
20
Miscellaneous assets
Unallocated insurance contracts (3)
Contributions receivable
Claims of pension fund on sponsor (4)
Other
207.1
81.2
14.7
109.3
1.9
149.9
32.6
-8.4
88.6
37.1
-27.6
-45.5
15.4
-9.9
12.3
47.9
12.4
3.0
-11.6
44.1
52.8
3.5
-2.1
54.1
-2.8
21.7
-2.1
-6.5
80.4
-50.1
41.9
5.0
1.4
15.0
20.5
42.2
6.4
-0.9
24.3
12.4
105.3
4.9
-2.3
96.8
5.9
44.1
9.6
0.8
59.1
-25.4
74.0
5.9
-0.1
39.9
28.3
16
17
18
19
20
209.5
115.1
146.7
82.6
120.5
114.7
127.1
120.5
119.6
135.7
176.6
21
57.1
152.0
57.3
57.7
53.3
93.3
50.9
31.8
50.7
69.8
50.6
64.2
50.6
76.6
51.0
69.5
50.7
68.9
50.7
85.0
50.7
126.0
22
23
21
22
23
(1) Private defined benefit plans and defined contribution plans (including 401(k) type plans).
(2) Includes claims on sponsor (i.e., unfunded pension entitlements).
(3) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.
(4) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
(5) Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.
(6) Additional detail on defined benefit plans and defined contribution plans is available on F.117.b and F.117.c.
Flows
2008
34
2009
2010
2011
2012
2012
Flows
Q1
Q2
2013
Q3
Q4
Q1
Q2
Gross saving
0.7
0.8
0.8
0.8
1.0
1.0
1.0
1.0
1.0
1.0
1.1
1.4
0.9
0.8
0.7
1.0
1.0
1.0
1.0
1.0
1.0
1.0
208.9
215.8
220.6
209.4
203.3
200.8
200.1
203.9
208.3
208.4
208.4
4
5
-0.1
0.3
0.0
1.6
0.6
6.4
0.4
3.6
-0.2
-1.3
-0.2
-1.4
-0.2
-2.1
-0.1
-0.9
-0.1
-0.8
-0.1
-0.5
-0.2
-1.8
4
5
6
7
-5.2
-0.2
-2.8
-0.1
3.1
0.4
2.0
0.2
-1.6
-0.1
-1.7
-0.1
-2.5
-0.2
-1.0
-0.1
-1.0
-0.1
-0.6
-0.0
-2.1
-0.2
6
7
-26.5
-85.8
22.1
0.4
-2.0
31.8
-27.6
-36.2
24.0
21.8
70.5
-0.5
-14.3
-30.6
1.0
22.0
-3.0
6.3
8.0
1.8
3.6
13.4
7.1
-1.4
41.2
17.6
-1.6
64.2
31.9
-2.3
25.2
13.6
-0.9
32.5
7.3
-0.9
42.9
17.7
-0.6
45.5
8.2
-1.9
60.6
11.9
9
10
11
-0.2
22.0
-2.8
0.1
-102.3
-3.7
0.7
5.7
-0.5
0.9
-24.8
0.2
1.9
-60.1
-1.2
1.5
-62.7
-1.5
2.7
-65.6
-1.1
1.1
-75.1
-1.1
2.4
-37.2
-1.0
1.2
-31.1
-1.5
2.0
-0.2
-1.9
12
13
14
9
10
11
12
13
14
Municipal securities
Corporate and foreign bonds
Mortgages
15
16
Corporate equities
Mutual fund shares
110.3
-27.6
20.5
-2.3
-84.0
-13.2
-77.4
-15.7
36.7
4.5
46.5
5.7
39.6
4.8
11.0
1.3
49.5
6.1
-28.7
14.5
-35.8
-4.4
15
16
17
18
19
Miscellaneous assets
Claims of pension fund on sponsor (3)
Other
158.1
176.5
-18.4
284.6
293.1
-8.5
285.3
269.3
16.1
295.8
287.0
8.8
167.3
167.0
0.3
120.3
126.3
-6.0
188.3
186.5
1.8
229.9
226.1
3.8
130.8
129.1
1.7
202.1
218.5
-16.5
182.3
163.7
18.6
17
18
19
209.5
215.9
220.7
209.3
203.3
200.8
200.1
203.9
208.3
208.3
208.3
20
20
96.5
93.7
102.1
105.9
98.5
100.9
101.5
89.8
101.7
96.2
99.4
23.9
7.4
10.8
20.0
13.9
5.5
16.9
9.4
23.9
-8.7
1.5
24.7
-0.2
-0.5
7.4
0.0
-0.0
10.0
0.6
0.2
17.9
0.7
1.4
12.3
0.6
1.0
2.5
2.0
1.1
13.1
2.4
1.4
10.1
-2.2
1.6
23.5
0.4
0.0
-4.2
-2.2
-2.3
5.2
-1.9
-1.8
3
4
5
Corporate equities
-8.4
8.8
5.4
-4.2
-4.1
6.5
-3.8
-8.4
-10.8
16.3
9.3
7
8
9
80.9
63.3
17.6
77.5
61.9
15.6
85.9
65.7
20.2
90.0
70.8
19.2
88.6
40.4
48.2
88.9
106.6
-17.7
88.3
95.8
-7.5
88.8
45.8
43.0
88.6
-86.5
175.1
88.6
229.9
-141.3
88.6
-272.6
361.1
7
8
9
96.5
93.7
102.1
105.9
98.5
100.9
101.5
89.8
101.7
96.2
99.4
10
80.9
15.6
77.5
16.2
85.9
16.2
90.0
15.9
88.6
9.8
88.9
12.0
88.3
13.1
88.8
1.0
88.6
13.1
88.6
7.6
88.6
10.8
11
12
10
11
12
35
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
724.2
-498.7
-503.2
-112.8
7.1
-190.9
-148.9
55.3
312.8
-135.0
77.2
2
3
4
5
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Security RPs
-14.6
5.6
102.7
-63.5
11.6
10.5
169.9
-62.4
8.7
-3.7
-107.7
-0.6
-62.9
5.8
-56.3
11.1
0.4
-3.6
32.8
54.2
-11.3
-23.0
-118.5
115.6
-28.6
-4.2
-19.4
42.4
28.7
1.5
152.6
-91.9
12.5
11.4
116.4
150.6
21.8
23.4
-32.2
-206.7
-46.7
49.6
81.4
-135.0
2
3
4
5
727.9
-56.1
399.5
520.3
12.9
-148.8
-619.9
-108.0
-171.3
-213.1
-69.4
-58.1
-396.6
-116.3
-71.0
-140.2
-53.4
-15.7
-9.8
-40.0
107.9
0.9
-29.4
-49.1
-82.7
-13.3
14.5
-60.2
-20.6
-3.0
-106.2
14.8
138.0
-213.4
-36.9
-8.8
-118.5
-0.6
-57.2
0.7
-38.8
-22.6
-27.8
-59.1
65.3
-13.9
-3.2
-16.9
-78.4
-8.5
-88.2
-14.1
-3.7
36.0
80.0
51.0
55.4
35.5
-65.8
4.0
112.2
135.5
-18.6
33.4
11.1
-49.2
6
7
8
9
10
11
6
7
8
9
10
11
12
13
-33.9
-8.3
-3.4
-0.8
6.1
-47.4
-20.6
-7.9
100.2
-21.3
15.8
12
724.2
-498.7
-503.2
-112.8
7.1
-190.9
-148.9
55.3
312.8
-135.0
77.2
13
(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance companies sector (table F.115).
Gross saving
Security RPs
-52.7
-40.7
-24.9
-35.3
-33.2
-34.4
-33.7
-33.6
-31.1
-19.6
-6.5
-9.9
497.1
370.1
338.4
625.7
586.8
585.4
782.3
548.2
957.8
498.6
-7.4
28.6
-15.8
-28.8
54.1
157.1
46.9
108.5
-96.2
168.4
57.2
4
5
6
7
8
9
10
32.4
-62.5
-1.2
-3.7
17.7
69.7
12.4
387.1
28.6
70.0
54.0
89.4
143.8
1.3
353.6
-13.9
43.2
156.1
46.7
122.3
-0.8
359.4
-26.3
70.8
110.0
15.7
170.3
18.9
642.0
27.5
83.8
126.2
86.2
306.0
12.2
683.2
42.4
92.2
156.6
83.1
306.0
2.9
650.3
54.7
100.0
148.0
87.0
240.5
20.1
655.2
41.8
68.4
98.7
107.2
333.5
5.6
579.2
-28.7
74.6
101.5
67.4
344.1
20.3
683.2
-45.2
104.2
127.9
76.8
388.7
30.8
277.2
43.2
-5.6
-17.6
-21.6
263.9
15.0
4
5
6
7
8
9
10
11
12
Corporate equities
Miscellaneous assets
-38.1
3.2
86.5
-5.1
44.3
-12.0
4.9
2.9
-37.2
-33.1
-92.5
-161.0
-50.0
-61.9
-0.3
18.9
-6.3
71.4
61.3
44.9
164.2
0.0
11
12
-9.9
497.1
370.1
338.4
625.7
586.8
585.4
782.3
548.2
957.8
498.6
13
-52.7
-40.7
-24.9
-35.3
-33.2
-34.4
-33.7
-33.6
-31.1
-19.6
-6.5
14
13
14
Discrepancy
(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance companies sector (table F.115).
-61.8
7.6
0.4
-3.0
2.9
-30.4
14.4
9.6
17.8
13.4
7.9
-40.7
-2.4
-13.3
-24.9
-21.1
10.6
1.2
3.3
6.1
-3.0
5.2
0.7
0.4
4.1
-4.8
-1.7
-0.3
0.9
-2.4
-1.3
11.6
0.3
3.3
8.0
-8.7
11.4
1.1
2.3
7.9
-41.7
5.1
-0.5
2.2
3.4
9.2
15.0
0.8
3.5
10.7
-5.3
14.8
-0.1
5.0
10.0
3.0
30.5
2.1
2.2
26.1
-17.0
19.2
-0.3
-3.4
22.9
-11.4
2
3
4
5
6
-61.8
7.6
0.4
-3.0
2.9
-30.4
14.4
9.6
17.8
13.4
7.9
177.2
116.5
118.0
117.6
185.2
212.7
100.2
207.0
221.0
207.7
60.2
23.0
7.4
1.7
13.9
154.2
46.0
14.7
3.6
27.6
70.5
29.7
9.2
1.7
18.7
88.3
46.1
11.4
1.0
33.6
71.6
52.3
1.2
3.6
47.6
132.9
65.0
-1.7
4.2
62.5
147.7
73.7
21.1
3.3
49.3
26.4
30.3
-18.1
2.9
45.5
176.7
40.3
3.4
4.0
32.9
180.7
28.1
-2.9
2.9
28.2
179.6
13.1
4.8
-1.8
10.1
47.1
9
10
11
12
13
177.2
116.5
118.0
117.6
185.2
212.7
100.2
207.0
221.0
207.7
60.2
14
Exchange-traded funds
8
9
10
11
12
13
14
Flows
2008
36
2009
2010
2011
2012
2012
Flows
Q1
Q2
2013
Q3
Q4
Q1
Q2
Gross saving
6.7
9.6
10.6
8.8
8.5
9.1
8.3
8.3
8.5
6.4
5.3
1.7
0.9
3.5
3.3
3.3
3.3
3.3
3.3
3.4
3.4
3.4
233.7
-345.9
-301.4
-243.9
-209.3
-366.2
-223.1
-93.5
-154.3
118.1
37.6
4
5
6
39.7
21.9
-28.2
11.1
-42.8
7.6
-36.0
0.3
20.6
9.3
-12.7
-38.1
-20.1
-9.1
39.0
-120.8
-9.2
-18.8
41.8
-5.2
126.3
-67.1
-24.2
144.9
65.7
2.2
-96.5
46.1
-2.7
170.2
-49.5
4.8
-168.5
4
5
6
242.9
-323.0
-315.6
-202.3
-223.2
-223.7
-329.5
-161.8
-177.6
-156.9
251.6
8
9
10
14.1
1.2
207.0
3.0
19.9
-27.4
0.2
45.9
-85.1
-3.4
17.6
-18.1
-3.1
-31.2
-48.3
-5.2
18.9
-45.0
2.2
-111.9
-21.2
-6.3
-18.7
-74.1
-3.0
-13.1
-53.0
3.1
22.3
-39.9
0.5
3.6
-32.5
8
9
10
11
12
Municipal securities
Corporate and foreign bonds
-2.0
-77.7
-2.2
-33.8
-4.2
-16.9
-3.9
-33.4
-4.1
-54.6
-3.4
-26.4
-3.3
-107.2
-5.3
-23.6
-4.4
-61.2
31.7
-54.5
34.5
3.6
11
12
13
14
15
16
38.1
0.0
4.8
33.3
-284.8
0.0
-0.2
-284.6
-144.7
0.0
7.2
-151.9
-64.2
0.0
-3.5
-60.7
18.6
0.0
8.3
10.3
-21.9
0.0
-2.5
-19.4
74.1
0.0
18.2
56.0
4.4
0.0
13.0
-8.5
17.9
0.0
4.6
13.3
28.9
0.0
-19.7
48.7
141.9
0.0
15.2
126.7
13
14
15
16
17
18
19
20
21
22
23
24
25
Mortgages
Home
Consolidated trusts (2)
Other
Multifamily residential
Consolidated trusts (2)
Other
Farm
Consumer credit (3)
62.2
8.8
0.0
8.8
42.5
0.0
42.5
10.9
0.0
2.4
-25.3
0.0
-25.3
14.2
0.0
14.2
13.5
0.0
-110.8
-117.7
-232.5
114.8
2.0
25.3
-23.3
4.9
0.0
-96.9
-103.2
-108.9
5.7
2.8
24.5
-21.7
3.5
0.0
-100.5
-111.6
-74.1
-37.6
6.2
27.1
-20.9
4.9
0.0
-140.7
-153.6
-38.4
-115.2
8.3
25.4
-17.1
4.7
0.0
-162.4
-163.8
-103.0
-60.9
-3.5
20.5
-24.0
5.0
0.0
-38.4
-59.6
-93.2
33.6
16.6
29.0
-12.5
4.7
0.0
-60.7
-69.5
-61.7
-7.9
3.6
33.4
-29.9
5.3
0.0
-148.5
-136.1
41.2
-177.2
-14.1
26.2
-40.3
1.7
0.0
100.0
111.8
142.0
-30.2
-15.4
21.2
-36.6
3.6
0.0
17
18
19
20
21
22
23
24
25
-42.6
1.2
29.3
-0.1
4.1
6.3
-56.4
14.7
51.8
61.3
-0.8
26
336.4
-317.1
-263.8
-182.1
-160.5
-245.7
-180.3
-133.5
-82.5
35.1
132.9
27
26
27
Miscellaneous assets
Net increase in liabilities
28
271.7
-475.3
-233.8
-187.2
-154.6
-274.9
-155.0
-113.2
-75.4
43.1
136.7
28
29
30
31
32
271.7
0.0
271.7
0.0
-475.3
0.0
-475.3
0.0
-233.8
-207.2
-26.5
0.0
-187.2
-84.4
-102.8
0.0
-154.6
-47.0
-107.7
0.0
-274.9
-13.0
-261.9
0.0
-155.0
-82.5
-72.6
0.0
-113.2
-64.2
-49.0
0.0
-75.4
-28.3
-47.1
0.0
43.1
67.3
-24.2
0.0
136.7
163.2
-26.5
0.0
29
30
31
32
33
Corporate equities
27.6
96.0
38.1
29.2
0.6
23.4
-12.5
-4.4
-4.2
7.8
-10.7
33
34
Miscellaneous liabilities
37.1
62.2
-68.1
-24.0
-6.5
5.7
-12.8
-15.9
-2.9
-15.8
6.9
34
107.8
37.5
44.6
67.4
54.0
126.3
47.8
-35.0
76.9
-80.0
97.1
35
35
Discrepancy
(1) Federal Home Loan Banks, Fannie Mae, Freddie Mac, Farmer Mac, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation. The Student Loan Marketing
Association (Sallie Mae) was included until it was fully privatized in 2004:Q4. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools (table F.124) are consolidated on
Fannie Maes and Freddie Macs balance sheets.
(2) Consolidated trusts refers to the unpaid balance of securitized mortgages Fannie Mae and Freddie Mac moved on to their balance sheets at the beginning of 2010 in response to new accounting rules.
(3) Sallie Mae student loans.
(4) Such issues are classified as agency- and GSE-backed securities.
497.0
415.3
186.9
165.3
132.2
134.5
146.5
105.6
142.4
138.8
39.6
2
3
4
5
Home mortgages
Multifamily residential mortgages
Commercial mortgages
Farm mortgages
492.2
4.6
0.0
0.1
402.5
13.0
0.0
-0.2
175.8
11.3
0.0
-0.2
148.0
19.4
0.0
-2.1
105.0
27.0
0.0
0.3
115.7
19.0
0.0
-0.2
112.9
31.8
0.0
1.7
84.8
21.0
0.0
-0.2
106.5
36.2
0.0
-0.3
110.0
29.1
0.0
-0.2
2.0
37.7
0.0
-0.1
2
3
4
5
497.0
415.3
186.9
165.3
132.2
134.5
146.5
105.6
142.4
138.8
39.6
(1) GNMA, Fannie Mae, Freddie Mac, Farmer Mac, and Farmers Home Administration pools. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools are consolidated on
Fannie Maes and Freddie Macs balance sheets (table F.123). Also includes agency- and GSE-backed mortgage pool securities that are used as collateral for agency- and GSE-backed CMOs
and privately issued CMOs. Excludes Federal Financing Bank holdings of pool securities, which are included with federal government mortgages and other loans.
(2) Such issues are classified as agency- and GSE-backed securities.
37
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
Gross saving
0.5
0.4
0.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-413.1
-736.6
-497.3
-246.8
-215.9
-230.2
-246.6
-252.6
-134.4
-229.9
-160.7
-13.6
-26.5
37.9
-18.3
-224.8
-51.1
-13.8
-96.0
-38.9
-10.9
-3.1
-5.4
-5.8
-0.7
-0.6
-13.1
9.1
18.2
-4.4
-3.7
-19.9
-6.6
-2.4
-19.3
0.8
-6.0
18.5
-11.3
12.1
-43.6
2.6
-3.6
21.8
4
5
6
-352.5
-312.9
-10.7
-28.9
-370.3
-323.1
-5.8
-41.4
-296.9
-243.5
-8.6
-44.9
-218.9
-192.9
-7.7
-18.3
-206.0
-181.9
-9.6
-14.5
-246.9
-182.1
-11.1
-53.6
-206.2
-191.4
-10.1
-4.7
-217.9
-185.5
-10.1
-22.3
-153.1
-168.4
-7.3
22.6
-191.1
-142.9
-15.1
-33.1
-160.1
-159.8
-10.1
9.8
7
8
9
10
-42.3
-16.1
-37.8
-34.3
-42.3
-9.5
-4.2
-4.2
3.7
-6.4
11.6
-9.1
-0.8
-11.6
-2.5
-3.9
6.4
-1.0
8.1
-4.2
-5.8
-15.6
11
12
4
5
6
Treasury securities
Agency- and GSE-backed securities (1)
Other loans and advances
7
8
9
10
Mortgages (2)
Home
Multifamily residential
Commercial
11
12
Consumer credit
Trade credit
13
-413.6
-736.9
-497.5
-246.8
-215.9
-230.2
-246.6
-252.6
-134.4
-229.9
-160.7
13
14
15
Commercial paper
Corporate bonds (net) (3)
-83.9
-329.7
-266.2
-470.7
-40.3
-457.2
-24.1
-222.6
-9.0
-206.9
19.9
-250.1
-37.7
-208.9
14.5
-267.0
-32.9
-101.5
11.1
-241.0
-13.4
-147.3
14
15
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
16
-0.4
-46.7
-0.4
-25.3
-0.2
0.4
0.0
-3.1
0.0
-4.6
0.0
1.1
0.0
-20.1
0.0
8.7
0.0
-7.9
0.0
3.0
0.0
6.3
17
18
16
Discrepancy
Memo:
Securitized assets not included above
17
Consumer leases (4)
18
REIT assets (5)
(1) Agency- and GSE-backed mortgage pool securities backing privately issued CMOs.
(2) Mortgages backing privately issued pool securities and privately issued CMOs.
(3) Net issuance less net acquisition of corporate bonds held as assets.
(4) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).
The leased automobile is a nonfinancial asset; depreciation flows are included in line 1, and fixed investment flows are included in line 2.
(5) Included in table F.127.
Gross saving
90.3
93.5
65.9
93.1
127.0
124.1
115.4
140.2
128.5
84.9
64.0
42.1
15.5
32.8
44.3
54.0
53.2
54.0
53.6
55.0
55.2
55.5
-59.5
-189.2
-216.6
-19.0
-69.3
-59.0
-113.8
-89.2
-15.0
-50.6
4.2
4
5
0.3
0.8
0.5
1.6
-1.7
-5.2
4.9
14.6
-3.4
-10.2
-1.5
-4.5
-9.8
-29.4
8.0
24.0
-10.3
-31.0
3.6
10.7
1.9
5.7
4
5
-81.9
3.0
16.9
-84.0
-17.9
-217.6
6.3
-91.0
-50.5
-82.4
-104.2
-19.8
-15.2
-55.9
-13.4
-45.9
0.9
2.7
-32.1
-17.4
-28.2
-6.3
12.3
-26.4
-7.8
-31.1
-0.4
4.5
-28.5
-6.7
-21.9
8.0
19.6
-31.0
-18.5
-32.8
-6.3
5.0
-20.5
-11.0
-26.9
-26.5
20.0
-25.5
5.1
-21.6
-2.9
23.9
-30.6
-12.1
20.9
-18.3
37.9
-13.7
14.9
6
7
8
9
10
6
7
8
9
10
11
12
21.4
26.3
-105.4
7.5
-27.4
-21.9
-52.8
-88.4
53.3
-43.2
-24.2
11
-69.1
-250.2
-233.5
-25.7
-80.6
-64.8
-119.9
-91.6
-46.1
-63.8
-3.8
12
13
14
15
16
17
-79.4
-22.6
-49.6
-7.1
0.0
-156.2
-38.8
-87.0
-30.4
0.0
-174.9
1.7
-111.7
-64.9
0.0
-12.7
10.0
-38.6
15.9
0.0
-53.7
8.2
-78.3
16.4
0.0
-40.3
7.7
-33.6
-14.5
0.0
-80.2
11.3
-86.1
-5.4
0.0
59.9
12.1
-10.2
58.0
0.0
-154.3
1.5
-183.5
27.7
0.0
-73.1
-32.6
-20.4
-20.2
0.0
-2.8
5.8
-13.4
4.8
0.0
13
14
15
16
17
18
19
20
21
22
Taxes payable
Miscellaneous liabilities
Foreign direct investment in U.S.
Investment by parent
Other
-0.1
10.4
12.2
-8.4
6.5
-2.8
-91.2
12.8
-32.6
-71.5
0.3
-58.9
13.2
-12.8
-59.3
0.4
-13.4
7.5
-12.0
-8.9
0.1
-27.0
-2.2
-0.9
-23.9
1.2
-25.6
-6.3
-26.5
7.2
-0.7
-39.0
-0.5
-24.3
-14.2
-0.6
-151.0
1.8
-2.3
-150.5
0.7
107.6
-3.7
49.5
61.7
1.6
7.7
-3.8
-9.8
21.4
-0.6
-0.4
5.0
8.8
-14.2
18
19
20
21
22
38.6
17.1
16.2
42.0
61.8
65.1
55.4
84.1
42.4
16.5
0.5
23
-11.8
-25.7
-16.5
7.9
24.3
17.9
22.8
29.1
27.5
22.7
28.9
24
23
Discrepancy
Memo:
24 Consumer leases not included above (2)
(1) Includes retail captive finance companies and mortgage companies.
(2) See footnote (4), table F.125.
Flows
2008
38
2009
2010
2011
2012
2012
Flows
Q1
Gross saving
2
3
7
8
9
10
11
12
13
14
Q2
2013
Q3
Q4
Q1
Q2
-14.5
5.5
-5.8
-5.9
2.9
4.0
0.5
5.1
1.9
3.5
5.7
5.9
0.1
3.7
-0.1
2.9
4.7
2.6
6.3
2.9
5.3
2.8
4.9
2.9
6.4
2.9
5.1
3.0
4.9
2.9
4.9
3.0
2.2
2
3
-67.9
-9.3
41.8
118.3
157.7
266.9
93.6
300.6
-30.2
27.4
-29.6
1.8
7.9
-2.8
2.1
7.5
16.8
-3.2
15.0
1.5
23.4
-11.3
-68.9
-8.7
37.1
102.9
127.7
227.8
90.6
251.6
-59.3
-28.8
-63.8
0.7
-22.8
15.5
3.8
38.2
5.3
101.4
1.3
111.5
10.1
219.0
13.9
71.6
8.0
232.5
12.2
-77.1
6.2
-50.9
19.7
-75.8
3.2
7
8
Mortgages
Home
Multifamily residential
Commercial
-46.9
-46.4
-0.9
0.4
-28.0
-21.7
-2.0
-4.3
-6.3
-3.7
-0.4
-2.3
0.2
-0.7
-0.2
1.1
6.1
5.5
0.1
0.5
-5.0
1.8
-0.0
-6.8
11.1
12.3
0.2
-1.4
7.0
2.4
0.0
4.6
11.6
5.4
0.4
5.8
2.4
7.2
1.3
-6.0
8.8
2.3
2.7
3.9
9
10
11
12
-0.8
-8.5
7.4
13.3
22.5
22.3
6.2
34.0
27.5
32.8
45.6
13
-56.1
-28.5
71.0
169.0
210.8
321.6
130.1
343.8
47.7
72.1
46.1
14
Miscellaneous assets
Net increase in liabilities
15
Security RPs
-12.3
11.1
30.0
94.9
103.4
173.4
81.7
163.2
-4.8
7.5
-51.0
15
16
-53.8
-50.0
-2.1
28.2
42.9
26.6
57.3
27.4
60.4
-1.0
30.0
16
0.0
-60.3
0.0
-41.3
0.0
-0.1
0.0
15.5
0.0
26.1
0.0
30.0
0.0
24.9
0.0
18.7
0.0
30.6
0.0
7.7
0.0
25.6
17
18
-0.3
6.8
-12.1
3.4
-2.2
0.2
3.6
9.1
1.2
15.6
-13.9
10.4
7.6
24.9
-3.5
12.2
14.8
14.9
-12.9
4.2
5.8
-1.4
19
20
12.8
-2.7
24.2
-13.8
28.2
14.9
37.5
8.5
47.6
17.0
59.5
62.2
31.1
-40.0
62.7
90.5
37.1
-44.9
64.2
1.4
63.1
4.0
21
22
-8.4
-17.1
16.1
36.1
47.9
51.2
27.9
40.3
72.0
40.6
76.3
23
-46.7
0.0
-40.6
-0.0
-6.1
-25.3
0.0
-25.7
-0.0
0.4
0.4
0.0
1.1
-0.0
-0.7
-3.1
0.0
-0.7
-0.0
-2.3
-4.6
0.0
3.6
-0.0
-8.1
1.1
0.0
2.6
-0.0
-1.5
-20.1
0.0
0.3
-0.1
-20.4
8.7
0.0
8.8
0.0
-0.1
-7.9
0.0
2.6
-0.0
-10.5
3.0
0.0
1.7
0.1
1.2
6.3
0.0
6.3
-0.0
0.0
24
25
26
27
28
17
18
19
20
21
22
23
24
25
26
27
28
(1) Additional detail on financial assets and liabilities for equity and mortgage REITs is available on F.127.e and F.127.m.
39
2010
2011
2012
2012
Q1
Gross saving
6
7
8
9
10
11
Q2
2013
Q3
Q4
Q1
Q2
-97.9
38.0
26.8
10.0
7.8
19.0
12.8
12.4
-13.0
21.8
-1.9
21.6
25.6
19.4
17.2
18.4
18.1
18.4
18.4
18.8
18.9
19.1
-874.8
-133.0
-9.1
-125.4
118.6
642.4
-30.5
-5.5
-131.9
262.0
-10.1
15.1
-29.4
6.2
14.9
16.3
22.1
-48.7
33.2
58.8
-66.2
40.5
-85.7
-192.1
32.2
5.7
89.1
224.8
-18.0
16.8
132.8
-167.4
-330.1
-21.4
275.6
-72.5
-11.4
-259.0
3.1
-24.2
-67.6
-131.8
-3.3
47.5
-12.7
-5.3
-28.5
38.9
4.6
35.2
-12.7
5.9
89.1
-2.1
-9.1
-85.0
6.9
-12.2
63.0
21.9
-4.3
35.5
-14.8
6.3
115.5
3.7
15.1
179.1
-94.9
-36.1
12.6
84.6
-14.1
-74.1
8.9
-5.9
18.3
-17.2
-8.6
33.9
-3.8
-13.1
105.4
16.4
-9.6
3.1
30.6
0.1
-144.7
-62.8
17.7
31.9
-9.5
-2.2
-134.9
-112.3
-48.1
-42.6
10.0
6
7
8
9
10
11
12
13
Corporate equities
Security credit
-28.5
-160.7
-4.6
38.1
-18.5
75.2
-5.0
-39.3
9.7
64.9
12.1
115.4
11.8
-93.1
31.6
98.7
-16.8
138.4
-78.0
16.4
16.5
-21.2
12
13
14
Miscellaneous assets
-615.1
54.9
-104.2
-101.7
-61.4
268.0
117.4
-186.0
-445.1
557.2
284.2
14
-683.1
-202.5
-23.0
-91.3
63.7
460.7
3.1
-60.8
-148.2
193.3
-45.7
15
-560.3
-57.5
-66.2
-189.4
-15.1
215.9
-123.8
-180.5
27.9
81.6
-75.6
16
77.7
-49.7
36.9
-37.9
-1.7
24.8
16.5
-65.2
17.3
-4.2
55.8
17
32.3
45.5
-4.2
-45.5
36.9
0.0
-37.9
0.0
-1.7
0.0
24.8
0.0
16.5
0.0
-65.2
0.0
17.3
0.0
-4.2
0.0
55.8
0.0
18
19
120.2
-24.7
-32.4
48.9
-11.1
-52.0
14.1
-3.8
-50.7
-0.0
-181.4
12.2
25.1
-15.3
-26.8
-2.0
-19.9
5.0
-45.4
4.6
-41.6
1.0
20
21
-237.3
-123.8
12.8
-126.3
-134.0
-74.1
-59.2
-0.8
48.4
25.7
-5.8
28.5
137.1
58.1
37.3
41.6
124.0
23.6
42.3
58.0
66.2
39.6
-39.4
66.0
228.0
61.5
75.8
90.7
167.6
10.1
128.1
29.3
34.1
-16.6
4.7
46.0
-122.1
26.1
-135.7
-12.5
92.9
150.9
-41.6
-16.4
22
23
24
25
0.3
3.2
-2.1
-1.1
0.5
1.8
-0.6
3.3
-2.4
5.4
0.1
26
-70.7
55.8
104.6
-231.1
18.4
2.1
-166.8
183.1
22.2
13.2
-51.2
60.2
-8.6
10.8
40.4
-59.8
0.3
8.0
68.7
-76.4
291.8
6.9
262.2
22.7
-132.2
4.2
-113.3
-23.1
46.3
5.6
65.0
-24.3
-204.8
15.2
60.7
-280.8
278.7
6.5
-23.9
296.1
-79.4
6.1
50.4
-136.0
27
28
29
30
15
16
17
18
19
Corporate bonds
Depository institution loans n.e.c. (1)
20
21
22
23
24
25
Security credit
Customer credit balances (HH)
From U.S.-chartered depository institutions
From foreign banking offices in U.S.
26
Taxes payable
27
28
29
30
Miscellaneous liabilities
Foreign direct investment in U.S.
Investment by funding corporations
Other
31
32
11.6
0.6
0.9
-1.7
6.5
29.4
5.3
-3.6
-5.3
-5.3
1.1
31
72.3
-57.2
-6.6
26.9
-65.5
-180.7
28.1
-61.3
-48.2
-65.8
-56.7
32
(1) Loans extended through the Federal Reserves Primary Dealer Credit Facility (PDCF) and the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
Flows
2008
40
Flows
2008
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
Gross saving
81.2
97.8
108.1
144.6
176.9
177.4
147.7
146.9
235.5
131.6
186.8
53.8
54.4
48.3
51.4
54.5
53.5
54.3
54.4
55.6
56.4
56.6
289.1
87.3
-4.6
44.6
-40.2
26.7
-212.6
-88.6
113.8
381.9
-127.1
4
5
-0.1
-6.6
-3.9
19.8
-1.3
2.1
2.4
0.2
3.1
-48.3
-3.5
-201.3
33.7
0.2
0.5
0.6
-18.2
7.4
-13.6
-0.9
7.9
-14.1
4
5
13.9
-16.0
22.1
3.1
-39.8
64.1
-158.2
-28.1
-36.9
26.0
53.0
-4.0
15.9
-0.0
2.0
2.7
-7.0
-8.4
-3.2
13.8
-3.2
7.3
4.3
7.1
12.0
-20.1
4.0
-29.8
-22.1
-4.7
16.7
9.6
-14.4
-9.6
78.5
-120.1
-77.5
38.9
0.5
4.5
-1.9
-32.2
1.5
-13.2
5.6
-15.7
-13.6
6.4
15.5
1.6
2.6
41.1
-5.1
-2.0
19.0
7
8
9
10
-1.2
2.1
3.8
2.4
7.3
24.5
4.3
5.8
-5.3
5.0
1.1
11
283.1
113.6
0.0
-12.5
-7.3
98.2
-9.1
100.1
85.4
166.8
0.0
9.3
-23.3
-173.1
23.5
82.3
-31.2
33.4
0.0
22.2
-39.5
-24.3
10.6
-33.6
36.5
76.1
0.0
9.3
-20.3
-13.0
30.6
-46.2
37.4
101.2
4.3
9.9
-0.5
49.6
-51.5
-75.6
142.9
22.3
0.0
-2.1
-15.3
255.4
77.3
-194.8
-92.6
174.2
10.2
27.7
-14.0
-114.1
-77.8
-98.8
-67.4
136.6
5.3
13.5
-1.3
4.9
-48.7
-177.6
166.8
71.8
1.8
0.7
28.6
52.3
-156.9
168.6
365.3
110.7
-22.9
0.8
-5.7
-84.5
89.8
277.1
-175.1
-101.0
-0.0
-1.4
5.1
72.2
-146.0
-4.0
12
13
14
15
16
17
18
19
247.9
34.8
-64.6
-50.0
-164.3
-98.7
-307.7
-182.4
-68.2
304.4
-259.2
20
-7.0
-0.2
0.2
0.4
-1.2
-0.4
-0.3
0.5
-4.5
-0.1
-0.0
21
97.3
-8.0
-16.5
-16.5
-97.7
12.3
-360.2
26.2
-69.3
-24.5
-149.8
22
-39.0
123.0
13.3
-18.1
7.8
2.3
3.9
-46.5
26.1
11.1
-91.6
64.0
6.2
16.3
-120.2
-16.2
110.1
-81.6
-0.7
-124.4
-235.1
31.9
16.7
-22.4
9.5
62.7
-141.4
5.2
-46.0
16.3
-28.7
-138.6
17.5
23
24
25
7
8
9
10
Treasury securities
Agency- and GSE-backed securities
Corporate and foreign bonds
Other loans and advances
11
12
13
14
15
16
17
18
19
Miscellaneous assets
Net trans. with depository institution subs.
Net trans. with property-casualty ins. co. subs.
Net trans. with life insurance company subs.
Net trans. with finance company subs.
Net trans. with broker and dealer subs.
Net trans. with foreign subs.
Other
20
21
22
23
24
25
Commercial paper
Corporate bonds
Depository institution loans n.e.c.
26
321.4
68.6
19.8
2.9
0.6
12.7
-14.8
36.5
-31.8
-7.0
-21.3
26
27
28
29
Miscellaneous liabilities
Equity, etc.
Other
-163.8
63.0
-226.8
-25.6
35.6
-61.2
-68.2
-22.4
-45.8
-36.8
6.9
-43.8
-66.0
-13.9
-52.1
-123.3
61.3
-184.6
67.6
49.5
18.1
-245.6
-16.6
-229.0
37.4
-149.9
187.2
336.0
67.8
268.2
-88.0
-119.9
31.9
27
28
29
-13.7
-9.1
-0.3
-1.5
-1.7
-1.5
-1.7
-1.4
-2.2
-2.3
-1.8
30
30
Discrepancy
(1) Parent only bank holding companies and savings and loan holding companies that file the Federal Reserve Board form FR Y-9LP, FR Y-9SP, or FR 2320.
41
2010
2011
2012
2012
Q1
2013
Q3
Q4
Q1
Q2
947.6
-449.3
-112.1
-64.5
113.2
35.0
-66.1
48.4
435.4
52.1
-117.1
2
3
287.0
0.0
-156.4
0.1
-144.8
0.0
-80.6
0.0
-1.1
0.0
-144.8
0.0
-159.3
0.0
44.8
0.0
254.8
0.0
-151.1
-0.5
-16.6
0.0
2
3
618.5
-250.9
89.7
22.8
107.1
107.2
195.5
-14.2
139.9
75.3
-75.3
106.1
497.3
15.1
-284.7
43.6
-9.8
39.4
51.9
-1.5
-7.8
32.6
-2.0
-16.0
129.6
-6.5
-91.8
224.0
-25.0
-30.0
228.5
-3.0
-1.3
-10.8
-2.1
59.3
76.6
4.1
52.6
22.6
0.1
-135.5
71.1
-11.0
5
6
7
0.0
25.1
1.3
-26.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
42.1
35.6
6.4
-67.2
-73.5
6.3
-58.4
-31.5
-26.9
19.6
-33.7
53.4
7.2
-11.8
19.0
72.5
65.7
6.8
-102.3
-103.0
0.7
17.8
-42.3
60.1
40.7
32.3
8.4
128.3
67.7
60.6
-25.2
-3.4
-21.8
9
10
11
947.6
-449.3
-112.1
-64.5
113.2
35.0
-66.1
48.4
435.4
52.1
-117.1
12
466.4
-434.8
-65.3
-52.4
-23.9
-6.7
-50.6
9.1
-47.4
91.1
39.1
13
20.1
1.4
444.9
0.0
-125.1
37.9
-349.6
2.0
-47.4
-3.2
-21.9
7.2
-72.7
71.6
-51.9
0.7
-30.9
35.3
-21.5
-6.8
24.1
8.9
-38.3
-1.4
-18.0
17.2
-47.6
-2.2
-78.5
98.9
0.0
-11.3
-51.3
16.3
0.0
-12.5
56.1
37.9
0.0
-3.0
61.7
-22.2
0.0
-0.4
14
15
16
17
40.0
30.5
3.5
-18.4
-8.6
-34.5
0.0
0.0
0.0
0.0
0.0
18
441.1
0.6
-353.2
0.0
793.8
-44.9
0.6
-30.2
2.4
-17.7
-50.2
0.6
-123.5
7.9
64.7
6.2
0.6
-74.6
1.4
78.8
145.7
0.6
-79.2
0.1
224.2
76.2
0.6
-28.9
0.2
104.2
-15.5
0.6
219.8
0.0
-235.9
39.2
0.6
-198.4
0.0
237.1
482.8
0.6
-309.3
0.0
791.5
-39.0
0.6
236.2
0.0
-275.7
-156.2
0.6
298.3
0.0
-455.1
19
20
21
22
23
5
6
7
8
9
10
11
12
13
14
15
16
17
Q2
18
19
20
21
22
23
Miscellaneous liabilities
Foreign direct investment in U.S.
Securities loaned (net)
Equity interest under PPIP
Other (net)
(1) Funding subsidiaries, custodial accounts for reinvested collateral of securities lending operations, Federal Reserve lending facilities,
and funds associated with the Public-Private Investment Program (PPIP).
(2) Common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.
(3) Loans extended by the Federal Reserve to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, Commercial Paper Funding Facility LLC, and American International Group (AIG).
(4) Loans extended by the federal government to the Term Asset-Backed Securities Loan Facility (TALF) LLC and to funds associated with PPIP.
(5) Preferred shares issued by AIG to the federal goverment under the Troubled Asset Relief Program (TARP) program and the monetary authority sectors preferred interest in
AIA Aurora LLC and ALICO Holdings LLC.
Flows
2008
42
2009
2010
2011
2012
2012
Q1
Flows
2013
Q3
Q4
Q1
Q2
4.8
99.9
1.8
15.9
4.5
4.9
13.2
3.3
-3.6
3.5
-0.8
0.0
47.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3
4
5
6
4.8
0.1
3.5
1.3
52.3
48.2
3.4
0.7
1.8
0.0
1.3
0.5
15.9
-1.8
18.1
-0.5
4.5
0.0
4.0
0.4
4.9
0.0
4.3
0.6
13.2
0.0
12.7
0.4
3.3
0.0
3.0
0.3
-3.6
0.0
-3.9
0.3
3.5
0.0
3.0
0.5
-0.8
0.0
-1.1
0.4
3
4
5
6
4.8
99.9
1.8
15.9
4.5
4.9
13.2
3.3
-3.6
3.5
-0.8
Q2
8
9
10
11
12
Federal government
Monetary gold (2)
SDR holdings
Reserve position in IMF (net)
Foreign currency holdings
4.2
0.0
0.1
3.5
0.6
51.9
0.0
48.2
3.4
0.3
1.6
0.0
0.0
1.3
0.3
16.2
0.0
-1.8
18.2
-0.2
4.3
0.0
0.0
4.0
0.2
4.6
0.0
0.0
4.3
0.3
13.0
0.0
0.0
12.8
0.2
3.1
0.0
0.0
2.9
0.2
-3.7
0.0
0.0
-3.9
0.1
3.3
0.0
0.0
3.1
0.2
-1.0
0.0
0.0
-1.2
0.2
8
9
10
11
12
13
14
15
0.0
0.0
0.0
47.6
0.0
47.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
13
14
15
16
17
18
19
Monetary authority
Monetary gold (2)
Reserve position in IMF (net)
Foreign currency holdings
0.6
0.0
-0.0
0.6
0.3
0.0
0.0
0.3
0.3
0.0
0.0
0.3
-0.3
0.0
-0.1
-0.2
0.2
0.0
0.0
0.2
0.3
0.0
0.0
0.3
0.2
0.0
-0.0
0.2
0.2
0.0
0.1
0.2
0.1
0.0
-0.0
0.1
0.2
0.0
-0.1
0.2
0.2
0.0
0.0
0.2
16
17
18
19
(1) Includes federal government liability to IMF for special drawing rights (SDRs) allocations and accrued interest.
(2) By international accounting standards, transactions in monetary gold are recorded in the financial account of the domestic sectors as increases (decreases) in assets,
and the counterparts are recorded as decreases (increases) in assets of the rest of the world.
0.0
0.0
3.0
3.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1
2
Treasury currency:
3
4
-0.8
-0.0
-0.4
4.0
-0.3
0.9
0.0
0.7
0.0
0.6
0.0
0.8
0.0
0.5
0.0
0.5
0.0
0.5
0.0
0.9
0.0
0.7
3
4
Discrepancy (seigniorage)
-0.8
-4.4
-1.1
-0.7
-0.6
-0.8
-0.5
-0.5
-0.5
-0.9
-0.7
2
3
4
5
-394.3
-110.7
-9.3
-46.3
-30.2
-60.9
-111.7
141.0
-89.1
96.8
350.3
-23.7
-25.5
-14.6
-6.6
6.8
11.6
-0.6
9.1
8.7
-2.8
-5.8
-62.9
-1.8
-21.5
0.4
-3.7
-52.0
-11.3
-6.7
-45.7
-28.6
8.5
-1.8
28.7
-5.3
13.7
12.5
5.8
61.6
21.8
21.0
43.0
-46.7
2
3
4
-330.4
-122.5
-26.6
25.2
-7.3
6.1
-30.8
105.5
-109.9
7.6
333.0
43
1
2
3
4
5
6
7
8
9
10
11
12
13
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1823.0
-590.9
-132.9
844.5
-208.8
390.3
-274.2
-455.4
-495.7
2089.1
1799.2
842.0
746.9
240.4
-0.6
-5.7
114.2
-534.3
-158.9
-1.0
-10.9
-11.1
-213.0
48.2
0.9
42.2
602.3
-229.4
496.5
-1.2
-23.7
-64.1
-125.0
-12.0
-0.4
-7.3
-57.0
387.1
-9.0
0.5
68.6
-178.0
-205.9
161.6
-0.6
-51.4
-255.5
-191.2
35.6
-2.9
-41.5
234.1
-490.0
-236.2
1.5
-5.1
1171.4
560.9
312.6
1.3
42.9
887.0
185.8
743.3
-2.7
-14.2
2
3
4
5
6
1762.3
-619.9
-155.0
824.2
-215.4
202.2
-138.2
-481.9
-443.5
1758.7
1881.2
410.8
509.6
599.3
238.0
4.7
-270.4
-463.7
50.9
45.1
18.1
-48.2
-95.7
-91.9
66.7
14.1
221.1
0.8
232.9
360.2
9.2
-151.3
0.0
0.4
-72.2
7.7
260.3
-1.1
-14.3
-127.3
84.6
39.5
0.3
-166.3
34.6
-46.2
-227.0
0.6
-154.8
-68.9
-31.8
-677.8
0.3
336.9
-127.2
24.4
587.9
-0.7
704.5
410.1
56.8
994.3
-0.0
75.8
873.2
-62.0
8
9
10
11
12
60.7
29.1
22.1
20.3
6.6
188.1
-136.0
26.5
-52.1
330.4
-82.0
13
Memo:
14
15
Vault cash:
Liab.: Monetary authority
Asset: U.S.-chartered depository institutions
2.7
2.7
-2.8
-2.8
-2.2
-2.2
8.1
8.1
7.1
7.1
-7.7
-7.7
-6.2
-6.2
11.0
11.0
31.3
31.3
-25.8
-25.8
-4.7
-4.7
14
15
16
17
18
19
839.2
596.6
238.0
4.7
117.0
53.7
45.1
18.1
-8.9
-89.7
66.7
14.1
594.2
224.8
360.2
9.2
-71.2
-6.7
-72.2
7.7
-49.3
-6.6
-127.3
84.6
-171.8
-160.1
34.6
-46.2
-266.5
-165.7
-68.9
-31.8
202.7
305.6
-127.2
24.4
1197.2
730.3
410.1
56.8
891.6
80.4
873.2
-62.0
16
17
18
19
20
21
22
23
509.6
509.6
-1.5
511.1
-463.7
-463.7
-0.6
-463.1
-95.7
-95.7
0.7
-96.4
0.8
0.8
0.8
-0.0
0.0
0.0
0.1
-0.1
-1.1
-1.1
-0.4
-0.8
0.3
0.3
0.0
0.3
0.6
0.6
0.4
0.2
0.3
0.3
0.5
-0.2
-0.7
-0.7
-0.4
-0.2
-0.0
-0.0
-0.5
0.4
20
21
22
23
24
25
26
172.6
131.5
-41.1
-109.3
-21.3
88.0
-83.3
22.7
106.0
-290.0
-218.3
71.7
-96.7
-187.5
-90.8
232.0
-153.8
-385.8
-106.3
-173.9
-67.6
-65.1
-100.6
-35.5
-447.2
-321.5
125.7
325.2
53.9
-271.3
202.3
19.0
-183.2
24
25
26
27
28
29
244.3
7.4
-236.9
-171.2
2.5
173.7
43.9
96.7
52.7
508.2
193.5
-314.6
-56.5
-22.3
34.3
21.0
187.5
166.5
141.8
-128.4
-270.3
-166.7
8.9
175.6
-222.2
-157.0
65.1
258.5
125.0
-133.5
791.0
462.9
-328.1
27
28
29
30
31
32
6.2
6.6
-0.4
-10.1
-15.2
5.1
8.8
5.7
3.1
-3.0
-1.5
-1.5
-1.9
-3.1
1.2
-7.3
-12.3
5.1
-3.9
2.2
-6.1
-4.9
-6.6
1.8
8.5
4.6
3.9
-4.3
1.2
-5.5
-1.1
1.6
-2.7
30
31
32
410.8
-270.4
-48.2
221.1
-151.3
260.3
39.5
-227.0
-677.8
587.9
994.3
33
71.3
19.7
-47.3
0.6
5.7
23.5
18.7
-22.2
1.0
10.9
-28.2
-22.7
-1.7
-0.9
-42.2
58.3
45.2
-0.0
1.2
23.7
-31.4
18.0
3.7
0.4
7.3
143.8
128.3
9.4
-0.5
-68.6
-97.8
-83.3
0.7
0.6
51.4
-133.3
82.3
11.4
2.9
41.5
-38.4
-55.3
-6.8
-1.5
5.1
237.6
245.4
-40.8
-1.3
-42.9
-14.7
-56.9
8.2
2.7
14.2
34
35
36
37
38
-51.6
-4.7
5.6
-13.1
49.4
-15.5
14.5
215.6
-16.8
7.8
-42.2
39
60.7
29.1
22.1
20.3
6.6
188.1
-136.0
26.5
-52.1
330.4
-82.0
40
33
34
35
36
37
38
39
40
Flows
2008
44
2009
2010
2011
2012
2012
Q1
Flows
Q3
Q4
Q1
Q2
568.4
-7.9
266.3
234.5
268.5
-73.9
301.1
223.1
623.6
299.1
72.7
Monetary authority
Federal government cash and deposits
Due to government-sponsored enterprises
Deposits due to foreign
Currency outside banks
428.2
349.3
19.4
1.3
58.2
-117.6
-173.8
14.0
1.0
41.2
185.0
149.0
-21.6
0.9
56.7
-122.1
-255.0
51.1
-3.2
85.0
62.1
7.0
-37.4
6.3
86.2
-175.7
-167.7
-111.0
0.0
102.9
244.8
195.2
-27.7
5.8
71.5
47.8
-24.1
-29.2
16.2
84.9
131.6
24.5
18.3
3.2
85.7
-16.8
-52.3
-28.1
11.0
52.6
313.8
226.5
-2.7
3.3
86.6
2
3
4
5
6
7
8
9
10
137.9
-39.5
31.2
146.2
94.0
0.3
-28.7
122.4
69.6
-0.1
-3.8
73.5
319.4
-2.7
25.6
296.5
176.9
0.3
-4.2
180.8
62.4
-0.1
-13.5
76.0
32.6
0.8
-4.5
36.4
163.9
-0.2
4.6
159.5
448.7
0.7
-3.4
451.4
264.9
-0.7
-22.8
288.4
-286.3
0.3
-22.5
-264.1
7
8
9
10
11
12
13
1.7
2.4
-0.7
2.6
5.8
-3.2
5.7
4.1
1.7
23.7
4.4
19.3
16.2
8.9
7.3
-5.1
-0.3
-4.9
18.4
7.5
10.9
19.9
7.4
12.5
31.7
21.2
10.5
7.5
2.5
5.0
39.0
14.9
24.1
11
12
13
14
-1.1
1.4
0.5
2.8
2.5
0.7
11.0
-5.5
3.9
0.8
17.0
14
15
Credit unions
1.6
11.6
5.5
10.7
10.7
43.9
-5.7
-3.1
7.8
42.6
-10.8
15
568.4
-7.9
266.3
234.5
268.5
-73.9
301.1
223.1
623.6
299.1
72.7
16
2
3
4
5
6
2013
Q2
16
17
Household sector
18
19
20
Nonfinancial business
Corporate
Noncorporate
21
22
23
24
25
26
246.7
35.7
35.9
324.0
82.0
57.5
-51.0
27.6
294.1
134.1
-94.2
17
-125.2
-129.0
3.8
155.6
140.7
14.9
76.8
79.7
-2.8
32.4
34.3
-2.0
108.0
94.5
13.5
76.9
67.0
10.0
138.5
127.4
11.1
140.3
127.5
12.8
76.1
55.9
20.2
185.1
177.1
8.0
-74.1
-87.7
13.6
18
19
20
8.5
313.1
19.2
-174.2
5.6
148.9
16.6
-257.6
-8.9
6.7
-7.8
-121.9
-7.4
97.2
-7.6
-28.1
-12.9
79.4
13.8
-8.6
-11.0
130.6
21
22
64.0
34.8
29.2
-9.2
-21.8
12.6
29.5
1.2
28.3
81.8
26.8
55.0
68.2
11.0
57.1
58.5
-13.8
72.2
37.2
8.7
28.5
92.8
28.1
64.6
84.2
21.0
63.2
10.6
-9.3
19.8
33.6
-4.3
37.9
23
24
25
Financial sectors
66.5
-34.7
-29.3
36.6
11.3
-90.9
-11.9
-5.6
153.7
14.0
-10.8
26
-14.8
24.4
-0.3
-32.1
5.0
1.0
-8.5
2.0
12.3
2.7
20.2
-3.4
0.5
12.9
14.6
-10.2
13.9
11.4
-18.8
2.8
-4.6
-38.9
27
28
27
28
29
30
-5.5
-0.1
-2.9
0.0
2.1
0.6
5.7
0.4
-0.3
-0.2
-1.1
-0.2
-1.0
-0.2
-0.6
-0.1
1.4
-0.1
-0.2
-0.1
1.7
-0.2
29
30
31
32
5.6
39.7
10.5
11.1
-3.7
-36.0
5.8
9.3
-3.6
-20.1
-23.0
-120.8
-4.2
41.8
1.5
-67.1
11.4
65.7
23.4
46.1
49.6
-49.5
31
32
33
34
35
Finance companies
REITs
Brokers and dealers
0.3
1.8
15.1
0.5
7.9
-29.4
-1.7
-2.8
6.2
4.9
2.1
14.9
-3.4
7.5
16.3
-1.5
16.8
22.1
-9.8
-3.2
-48.7
8.0
15.0
33.2
-10.3
1.5
58.8
3.6
23.4
-66.2
1.9
-11.3
40.5
33
34
35
-5.2
-0.3
-1.1
0.8
1.3
-46.2
98.6
3.8
-51.0
-49.8
98.6
36
36
Mail float
45
2010
2011
2012
2012
Q1
1
2
3
4
5
6
7
8
9
10
11
Q2
2013
Q3
Q4
Q1
Q2
334.2
375.4
116.1
372.8
516.1
341.6
435.8
422.3
864.6
83.9
447.8
524.8
517.2
298.3
577.4
539.7
418.9
473.8
529.6
736.4
130.8
374.3
480.6
0.1
1.1
43.0
472.3
4.4
-2.9
43.4
271.7
5.8
-5.2
26.1
537.1
13.2
-0.4
27.4
491.6
13.8
-0.1
34.4
357.5
36.0
-0.8
26.1
405.0
16.8
3.4
48.5
498.6
1.2
-4.1
34.0
705.2
1.2
1.2
28.9
107.7
20.7
1.2
1.3
306.7
11.5
5.9
50.2
3
4
5
6
-190.6
-141.8
-182.3
-204.6
-23.6
-77.2
-38.0
-107.3
128.2
-46.9
73.5
-69.0
-123.2
1.1
0.5
-329.8
173.9
-2.9
17.0
-130.2
-49.6
-5.2
2.8
-35.3
-172.4
-0.4
3.4
-4.8
-24.8
-0.1
6.2
35.6
-119.2
-0.8
7.2
71.0
-114.7
3.4
2.4
-116.2
6.7
-4.1
6.4
-9.7
127.9
1.2
8.8
-93.7
39.0
1.2
6.7
36.4
31.0
5.9
0.2
8
9
10
11
12
334.2
375.4
116.1
372.8
516.1
341.6
435.8
422.3
864.6
83.9
447.8
12
13
Household sector
190.5
177.6
151.5
354.1
409.6
460.2
391.6
147.2
639.5
140.8
268.4
13
14
15
16
Nonfinancial business
Corporate
Noncorporate
-60.7
-59.4
-1.2
102.1
106.9
-4.8
62.8
59.9
2.9
18.4
14.3
4.1
26.2
21.9
4.3
45.0
43.1
1.9
-16.8
-19.4
2.6
39.6
35.9
3.7
36.9
28.0
8.9
39.2
33.8
5.4
23.4
13.8
9.6
14
15
16
17
18
19
18.8
-1.3
65.5
9.3
0.3
-43.1
-6.9
0.1
16.9
14.4
-0.3
33.1
20.3
0.2
46.4
10.3
0.8
-33.8
29.0
0.8
54.6
37.4
-0.4
47.5
4.5
-0.4
117.3
13.2
-1.3
-69.7
46.2
0.5
12.9
17
18
19
20
Financial sectors
121.4
129.2
-108.4
-46.9
13.4
-140.8
-23.2
150.9
66.9
-38.4
96.4
20
-4.1
0.3
102.7
2.8
1.6
169.9
-0.9
6.4
-107.7
1.4
3.6
-56.3
-1.8
-1.3
32.8
-3.6
-1.4
-118.5
-0.9
-2.1
-19.4
-1.1
-0.9
152.6
-1.7
-0.8
116.4
-0.1
-0.5
-32.2
-1.6
-1.8
81.4
21
22
23
21.9
0.8
-0.1
-42.8
1.6
-3.9
0.3
-5.2
-1.3
-12.7
14.6
2.4
-9.1
-10.2
3.1
-9.2
-4.5
-3.5
-5.2
-29.4
33.7
-24.2
24.0
0.5
2.2
-31.0
-18.2
-2.7
10.7
-13.6
4.8
5.7
7.9
24
25
26
21
22
23
24
25
26
Government-sponsored enterprises
Finance companies
Holding companies
(1) Large time deposits are those issued in amounts of $100,000 or more.
Net issues
724.2
-498.7
-503.2
-112.8
7.1
-190.9
-148.9
55.3
312.8
-135.0
77.2
Net purchases
724.2
-498.7
-503.2
-112.8
7.1
-190.9
-148.9
55.3
312.8
-135.0
77.2
201.4
178.5
1.0
-265.9
-71.4
-1.7
-186.8
-157.7
3.1
32.9
-35.4
0.9
-8.9
-4.1
0.9
-7.8
-68.9
0.4
2.0
-46.7
0.6
-21.3
27.9
0.8
-8.3
71.3
1.9
29.6
-38.6
1.2
181.6
-45.7
2.1
3
4
5
3
4
5
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
6
7
3.0
23.7
9.8
7.2
13.7
-7.1
-0.5
-50.8
-8.5
35.0
-9.0
48.5
-1.3
63.8
-5.8
13.0
-17.8
14.6
3.2
9.5
-2.2
2.1
6
7
8
9
12.1
17.5
-3.2
-5.5
-4.0
-12.7
-5.6
7.9
3.8
-4.8
3.5
-5.7
3.7
-4.7
3.8
-4.5
4.0
-4.3
-4.3
15.9
-8.8
-29.6
8
9
10
11
5.1
-5.2
-8.8
-2.8
-10.1
3.1
16.4
2.0
-3.6
-1.6
-5.3
-1.7
-4.4
-2.5
-2.4
-1.0
-2.5
-1.0
0.2
-0.6
-3.5
-2.1
10
11
12
Funding corporations
287.0
-156.4
-144.8
-80.6
-1.1
-144.8
-159.3
44.8
254.8
-151.1
-16.6
12
Flows
2008
46
Flows
Monetary authority
3
4
5
6
7
8
9
10
11
12
REITs
Brokers and dealers (net)
Holding companies
Net change in assets
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
-888.0
232.0
-197.1
-133.4
-14.0
197.0
-117.5
-111.1
-24.5
-23.4
-356.3
44.4
-10.6
-18.0
40.2
7.3
-12.9
-44.8
29.1
57.8
-6.9
-41.2
-347.2
-255.8
-96.3
4.8
291.3
253.5
40.3
-2.4
-141.8
-194.9
52.9
0.1
-78.6
-112.9
50.2
-15.9
-112.0
-138.2
20.0
6.2
-180.9
-211.7
42.6
-11.8
-34.0
-59.3
-1.5
26.8
-128.0
-115.2
-27.1
14.3
-104.9
-166.4
65.8
-4.3
-107.1
-138.2
-13.8
44.9
-190.3
-97.8
-88.9
-3.6
3
4
5
6
1.9
-7.3
-1.7
-0.5
0.8
-2.2
-1.1
0.1
0.4
3.1
0.3
1.6
0.0
3.6
0.7
4.0
0.7
3.4
1.1
0.5
1.3
0.6
7
8
-12.3
-560.3
-7.0
11.1
-57.5
-0.2
30.0
-66.2
0.2
94.9
-189.4
0.4
103.4
-15.1
-1.2
173.4
215.9
-0.4
81.7
-123.8
-0.3
163.2
-180.5
0.5
-4.8
27.9
-4.5
7.5
81.6
-0.1
-51.0
-75.6
-0.0
9
10
11
-294.0
-233.9
-116.8
-13.3
47.4
-92.6
65.0
229.8
-12.7
429.9
-215.5
12
-0.9
-11.7
0.7
-4.3
4.3
-1.4
0.5
-6.8
-2.2
-6.7
5.5
-7.1
-0.3
-1.0
-10.7
-4.6
-3.5
-14.0
-1.6
2.5
7.4
-1.7
13
14
-214.0
33.5
-146.4
-80.0
-126.1
0.0
51.2
0.0
-39.9
0.0
-135.7
0.0
-148.3
0.0
83.2
0.0
41.3
0.0
293.6
0.0
39.4
0.0
15
16
0.8
5.2
0.1
2.2
-0.7
0.7
-2.1
-0.8
0.1
-2.7
0.1
-7.6
0.1
-1.0
0.1
-1.0
0.1
-1.0
-0.4
5.2
-0.7
0.8
17
18
-1.0
-0.2
0.2
-0.1
-0.2
0.4
0.0
0.2
-0.1
-0.1
-0.2
-0.1
-0.1
-0.2
0.7
-0.1
-1.0
-0.1
-0.0
-0.0
-0.1
-0.2
19
20
13
14
15
16
17
18
19
20
21
22
-63.5
-7.4
-62.4
28.6
-0.6
-15.8
11.1
-28.8
54.2
54.1
115.6
157.1
42.4
46.9
-91.9
108.5
150.6
-96.2
-206.7
168.4
-135.0
57.2
21
22
23
24
25
-28.2
-6.6
0.0
7.6
19.8
0.1
20.6
2.1
0.0
-38.1
0.2
0.0
39.0
-48.3
0.0
-18.8
-201.3
0.0
126.3
0.2
0.0
144.9
0.6
0.0
-96.5
7.4
0.0
170.2
-0.9
-0.5
-168.5
-14.1
0.0
23
24
25
-594.0
465.8
-80.3
-120.0
-61.4
289.6
-182.6
-340.9
-11.8
-453.3
-140.9
26
26
Discrepancy--unallocated assets
47
2010
2011
2012
2012
Q1
1
2
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Financial sectors
U.S.-chartered depository institutions
ABS issuers
Finance companies
REITs
Holding companies
Funding corporations
Bankers acceptances (1)
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Net purchases, by sector
Q2
2013
Q3
Q4
Q1
Q2
-188.8
-461.8
-80.4
-88.3
-16.9
-4.6
-79.3
-22.5
38.8
126.0
-24.5
-188.8
-461.9
-79.9
-88.2
-16.8
-4.4
-79.2
-22.4
38.8
126.0
-24.5
7.7
-73.1
24.5
33.4
14.0
-7.9
29.0
-35.5
70.5
21.2
-19.0
-71.0
20.7
-91.7
59.4
-15.2
74.5
-2.7
-3.8
1.1
-53.5
-0.5
-53.0
27.9
10.3
17.6
32.9
-26.4
59.3
-54.2
-1.8
-52.4
78.4
34.9
43.5
54.5
34.3
20.1
117.2
-44.5
161.7
10.2
37.4
-27.2
4
5
6
-125.4
0.0
-83.9
-22.6
0.0
-39.0
20.1
-448.2
0.0
-266.2
-38.8
0.0
-18.1
-125.1
-101.7
-19.7
-40.3
1.7
0.0
3.9
-47.4
-68.1
7.7
-24.1
10.0
0.0
11.1
-72.7
-58.7
-33.1
-9.0
8.2
0.0
6.2
-30.9
-29.4
-65.0
19.9
7.7
0.0
-16.2
24.1
-54.0
-9.0
-37.7
11.3
0.0
-0.7
-18.0
-65.3
-45.3
14.5
12.1
0.0
31.9
-78.5
-86.1
-13.0
-32.9
1.5
0.0
9.5
-51.3
-12.4
-52.3
11.1
-32.6
0.0
5.2
56.1
-15.7
-41.1
-13.4
5.8
0.0
-28.7
61.7
7
8
9
10
11
12
13
0.0
0.1
-0.5
-0.1
-0.1
-0.1
-0.0
-0.1
0.0
0.0
-0.0
14
0.2
-0.2
0.1
0.0
-0.5
0.0
-0.1
0.0
-0.1
0.0
-0.1
0.0
-0.0
0.0
-0.1
0.0
0.0
0.0
0.0
0.0
-0.0
0.0
15
16
-188.8
-461.8
-80.4
-88.3
-16.9
-4.6
-79.3
-22.5
38.8
126.0
-24.5
17
-101.3
-12.2
16.7
-1.3
-1.5
12.0
-1.8
0.1
-0.3
-7.6
2.0
-22.3
-2.6
-7.9
-0.4
15.2
-0.4
-15.2
3.9
0.7
-18.4
-0.9
18
19
-21.6
-45.1
-39.1
-41.4
12.9
-0.5
-11.1
0.7
-5.1
3.4
-5.4
46.2
-0.8
-57.5
-3.5
5.2
-10.8
19.9
1.9
35.0
-1.3
-17.4
20
21
18
19
Household sector
Nonfinancial corporate business
20
21
22
23
24
25
Monetary authority
U.S.-chartered depository institutions (1)
Foreign banking offices in U.S. (1)
Credit unions
0.0
15.7
0.0
-0.4
0.0
-15.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
22
23
24
25
26
27
5.8
-3.4
-9.3
11.5
-1.9
-8.9
0.9
-11.2
-1.3
15.0
-1.4
12.0
-1.3
1.7
-1.3
2.0
-1.2
44.1
0.2
21.3
-2.9
-20.3
26
27
28
29
-5.9
-0.5
1.0
1.0
-2.7
6.3
2.1
3.6
-2.5
-1.4
-0.5
-1.6
1.2
-2.3
-8.0
-0.9
-2.6
-0.9
1.9
-0.6
-2.8
-1.9
28
29
30
31
-56.1
-62.5
-108.0
28.6
-116.3
-13.9
-40.0
-26.3
-13.3
27.5
14.8
42.4
-0.6
54.7
-59.1
41.8
-8.5
-28.7
51.0
-45.2
135.5
43.2
30
31
32
33
34
Government-sponsored enterprises
Brokers and dealers
Funding corporations
14.1
-21.4
106.1
3.0
-24.2
-284.7
0.2
-5.3
39.4
-3.4
5.9
-7.8
-3.1
-12.2
-16.0
-5.2
6.3
-91.8
2.2
-36.1
-30.0
-6.3
-5.9
-1.3
-3.0
-13.1
59.3
3.1
0.1
52.6
0.5
-2.2
-135.5
32
33
34
Flows
2008
48
1
2
3
4
Flows
Net issues
Savings bonds
Treasury bills
Other Treasury securities
Net purchases
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1239.0
1443.7
1579.6
1066.8
1140.6
1414.6
1185.5
788.0
1174.1
1169.7
298.5
-2.4
861.6
379.8
-2.8
-73.3
1519.8
-3.3
-19.0
1601.8
-2.7
-249.5
1319.0
-2.8
107.0
1036.3
-1.4
612.6
803.4
-2.1
-312.7
1500.3
-2.5
74.4
716.1
-5.0
53.8
1125.3
-2.5
646.7
525.5
-3.7
-880.3
1182.6
2
3
4
1239.0
1443.7
1579.6
1066.8
1140.6
1414.6
1185.5
788.0
1174.1
1169.7
298.5
6
7
8
Household sector
Savings bonds
Bills and other Treasury securities
164.9
-2.4
167.3
538.1
-2.8
540.9
400.2
-3.3
403.5
-202.5
-2.7
-199.7
270.1
-2.8
272.8
114.3
-1.4
115.7
629.4
-2.1
631.5
-16.0
-2.5
-13.5
352.6
-5.0
357.6
34.3
-2.5
36.8
-190.2
-3.7
-186.5
6
7
8
9
10
11
-7.9
-7.5
-45.4
12.5
-5.7
-17.3
5.1
1.9
6.8
-4.8
0.6
-46.5
7.2
0.6
-11.8
-5.9
0.3
-20.4
40.1
0.4
28.7
17.8
0.5
-3.7
-23.2
1.2
-51.6
-34.9
0.7
-8.3
25.7
1.3
-22.2
9
10
11
12
13
14
711.6
455.3
256.3
554.4
-7.6
562.0
740.4
-40.2
780.5
357.9
-62.6
420.5
589.5
14.0
575.6
693.6
-20.3
714.0
505.8
17.1
488.7
600.3
98.9
501.3
558.4
-39.8
598.2
531.6
281.9
249.7
88.6
-173.6
262.2
12
13
14
15
16
17
Monetary authority
Treasury bills
Other Treasury securities
-264.7
-209.4
-55.3
300.7
0.0
300.7
244.9
0.0
244.9
642.0
0.0
642.0
2.7
-18.4
21.1
46.3
0.0
46.3
-18.6
0.0
-18.6
-78.8
-73.7
-5.1
61.8
0.0
61.8
575.2
0.0
575.2
548.5
0.0
548.5
15
16
17
18
19
20
21
-23.7
5.1
-0.6
-1.6
68.1
22.0
-0.7
5.4
93.0
3.5
0.6
5.9
-43.7
-0.5
-0.0
-2.5
69.3
16.1
-0.6
1.7
27.6
44.5
-0.7
11.0
142.4
-42.6
1.9
-1.7
-7.9
65.3
-1.5
4.0
115.2
-2.7
-2.1
-6.5
-80.9
11.8
-0.1
-0.4
-100.3
-50.5
0.1
0.6
18
19
20
21
22
23
24
-5.6
-5.4
-0.3
22.9
5.0
18.0
3.2
-0.3
3.5
4.6
1.9
2.7
-6.1
-2.6
-3.6
-7.3
-2.7
-4.6
-6.9
-2.6
-4.3
-5.7
-2.5
-3.2
-4.6
-2.4
-2.2
-0.0
-1.8
1.8
-4.8
-5.6
0.8
22
23
24
25
26
27
35.1
17.8
17.3
27.7
-6.3
34.0
23.2
-3.6
26.8
10.5
3.8
6.7
4.6
-4.5
9.1
7.1
-7.1
14.2
-4.5
-5.9
1.5
9.9
-5.2
15.1
6.0
0.2
5.7
7.9
0.0
7.9
-6.8
-10.3
3.5
25
26
27
28
29
30
6.4
-14.3
24.7
35.0
22.0
7.4
33.2
8.0
10.0
27.8
13.4
17.9
47.7
41.2
12.3
76.8
64.2
2.5
33.1
25.2
13.1
47.3
32.5
10.1
33.6
42.9
23.5
60.0
45.5
-4.2
50.0
60.6
5.2
28
29
30
31
32
33
399.5
341.9
57.7
-171.3
-160.2
-11.0
-71.0
-84.0
13.0
107.9
29.1
78.8
14.5
19.1
-4.7
138.0
85.4
52.5
-57.2
-127.7
70.5
65.3
28.8
36.4
-88.2
90.0
-178.1
55.4
-43.3
98.7
-18.6
-145.0
126.4
31
32
33
34
35
36
Mutual funds
Closed-end funds
Exchange-traded funds
-1.2
-2.4
7.4
70.0
1.2
14.7
43.2
0.7
9.2
70.8
-0.3
11.4
83.8
0.3
1.2
92.2
1.1
-1.7
100.0
-0.5
21.1
68.4
0.8
-18.1
74.6
-0.1
3.4
104.2
2.1
-2.9
-5.6
-0.3
4.8
34
35
36
37
38
Government-sponsored enterprises
ABS issuers
1.2
-13.6
19.9
-18.3
45.9
-13.8
17.6
-10.9
-31.2
-5.8
18.9
-13.1
-111.9
-4.4
-18.7
-6.6
-13.1
0.8
22.3
-11.3
3.6
2.6
37
38
39
40
275.6
-4.0
-67.6
2.7
-28.5
13.8
89.1
7.1
63.0
-29.8
115.5
9.6
12.6
-120.1
18.3
4.5
105.4
-13.2
-144.7
6.4
-134.9
41.1
39
40
1239.2
1443.9
1580.2
1067.9
1140.2
1411.2
1185.7
787.7
1176.1
1168.7
299.9
41
Memo:
41
(1) Total issues of Treasury securities (line 1) plus budget agency securities (table F.210, line 2) and federal mortgage borrowing (table F.217, line 11).
49
2010
2011
2012
2012
Q1
1
2
3
4
5
Net issues
Budget agencies
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
Net purchases
Q2
2013
Q3
Q4
Q1
Q2
768.9
-59.9
-46.2
-20.8
-22.8
-143.8
-8.4
-7.9
68.9
181.0
177.6
0.2
271.7
497.0
0.1
-475.3
415.3
0.7
-233.8
186.9
1.1
-187.2
165.3
-0.4
-154.6
132.2
-3.3
-274.9
134.5
0.1
-155.0
146.5
-0.3
-113.2
105.6
1.9
-75.4
142.4
-1.0
43.1
138.8
1.3
136.7
39.6
2
3
4
768.9
-59.9
-46.2
-20.8
-22.8
-143.8
-8.4
-7.9
68.9
181.0
177.6
6
7
Household sector
Nonfinancial corporate business
218.9
-2.6
-674.6
4.2
-81.8
1.7
0.9
-1.6
-141.9
-2.6
-409.9
-2.0
36.0
3.4
-148.1
5.9
-45.6
-17.7
-395.7
-31.6
-72.0
8.6
6
7
8
9
-16.9
54.4
9.8
142.0
22.3
-47.2
-14.0
-118.1
-28.2
-31.1
-29.9
-118.5
-4.2
-5.8
-19.3
0.0
-59.4
0.0
10.7
0.0
-7.2
0.0
8
9
-228.6
19.7
-226.0
1048.5
-72.3
71.4
-41.6
-197.9
-71.8
61.8
-4.8
-33.6
-184.6
52.9
26.8
-112.4
-124.6
340.2
-167.4
559.7
-118.5
535.8
10
11
10
11
12
13
14
15
136.2
-6.5
-2.0
14.4
168.0
-19.3
-3.9
27.8
110.1
-4.8
-7.7
40.9
106.9
4.0
-8.0
30.6
35.5
1.5
-2.2
14.9
260.2
-6.1
1.2
33.1
-123.2
12.9
-1.2
17.8
17.2
-8.3
-3.3
11.0
-12.0
7.6
-5.5
-2.3
163.5
-17.5
-0.7
14.5
60.7
-6.4
-1.1
1.3
12
13
14
15
16
17
-11.5
-16.7
1.9
5.8
-0.4
4.0
6.9
-1.2
-9.0
-13.1
-10.7
-5.3
-10.2
-31.8
-8.4
-2.5
-6.8
-12.9
2.7
-9.5
1.3
-36.6
16
17
18
19
20
-0.2
-30.6
-0.2
-6.4
-3.0
0.0
6.5
1.8
0.6
3.3
7.1
0.7
16.9
17.6
0.6
33.1
31.9
2.0
11.2
13.6
2.4
7.0
7.3
-2.2
16.4
17.7
0.4
9.1
8.2
-2.2
15.4
11.9
-1.9
18
19
20
21
22
23
520.3
-3.7
207.0
-213.1
54.0
-27.4
-140.2
156.1
-85.1
0.9
110.0
-18.1
-60.2
126.2
-48.3
-213.4
156.6
-45.0
0.7
148.0
-21.2
-13.9
98.7
-74.1
-14.1
101.5
-53.0
35.5
127.9
-39.9
33.4
-17.6
-32.5
21
22
23
24
25
ABS issuers
REITs
-26.5
0.7
-224.8
15.5
-96.0
38.2
-3.1
101.4
-0.7
111.5
9.1
219.0
-3.7
71.6
-2.4
232.5
-6.0
-77.1
12.1
-50.9
-3.6
-75.8
24
25
26
27
-72.5
15.9
-131.8
-7.0
38.9
-3.2
-2.1
12.0
21.9
-22.1
3.7
-14.4
84.6
-77.5
-17.2
-1.9
16.4
5.6
-62.8
15.5
-112.3
-5.1
26
27
(1) Agency- and GSE-backed securities include: issues of federal budget agencies (line 2) such as those for the TVA; issues of government-sponsored enterprises (line 3) such as Fannie Mae and FHLB;
and agency- and GSE-backed mortgage pool securities issued by GNMA, Fannie Mae, Freddie Mac, and the Farmers Home Administration (line 4). Only the budget agency issues are considered
officially to be part of the total borrowing of the federal government, which is shown in table F.209, line 41.
Flows
2008
50
2009
2010
2011
2012
2012
Q1
Flows
Q2
2013
Q3
Q4
Q1
Q2
92.4
155.3
99.7
-52.8
-4.9
19.2
95.4
-11.8
-122.6
76.5
24.7
2
3
4
17.1
4.6
12.5
112.2
7.8
104.4
68.7
-0.7
69.3
-53.6
-10.6
-42.9
-5.7
3.8
-9.4
12.7
0.7
12.0
86.7
31.6
55.2
-6.1
10.0
-16.1
-116.0
-27.2
-88.8
71.7
-4.4
76.0
33.0
8.6
24.4
2
3
4
9.3
5.9
-2.2
-7.8
-14.5
-6.5
-17.5
-15.4
-18.5
-6.5
-14.6
66.0
37.2
33.2
8.5
15.2
13.1
26.2
9.7
11.9
11.3
6.4
92.4
155.3
99.7
-52.8
-4.9
19.2
95.4
-11.8
-122.6
76.5
24.7
47.3
-3.0
-0.4
107.0
0.9
0.2
43.7
-3.2
0.5
-64.8
-1.4
0.1
-149.8
12.3
0.1
-123.1
13.2
0.0
-6.1
-3.7
0.0
-233.7
17.4
0.1
-236.5
22.1
0.1
2.3
-55.3
0.1
-32.2
30.5
0.2
8
9
10
0.5
5.9
1.0
7.7
1.4
13.1
0.0
-1.4
-0.7
-4.9
-0.8
5.0
-0.1
-6.0
-0.5
10.4
-1.5
-28.9
0.3
-6.9
-0.2
-17.9
11
12
8
9
10
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
11
12
13
14
15
16
19.9
0.0
0.5
0.0
2.4
0.0
0.9
0.0
30.3
0.0
-0.9
0.0
42.6
0.0
0.9
3.2
65.8
0.0
-0.8
1.0
47.7
0.0
-0.1
5.9
83.0
0.0
-2.6
-3.2
84.7
0.0
0.1
-0.2
47.9
0.0
-0.7
1.5
53.9
0.0
0.2
4.5
66.2
0.0
0.2
-1.5
13
14
15
16
17
18
19
10.6
5.7
-0.2
-12.6
26.1
0.1
-21.0
39.2
0.7
-17.4
9.3
0.9
-3.4
9.6
1.9
-7.3
12.7
1.5
-6.5
1.4
2.7
-2.1
14.3
1.1
2.3
10.0
2.4
7.7
3.0
1.2
3.6
3.3
2.0
17
18
19
20
21
22
23
12.9
17.7
-13.3
1.7
-69.4
89.4
3.3
3.6
-53.4
46.7
0.4
1.7
-29.4
15.7
0.9
1.0
-20.6
86.2
3.3
3.6
-36.9
83.1
2.3
4.2
-38.8
87.0
2.2
3.3
-3.2
107.2
3.5
2.9
-3.7
67.4
5.0
4.0
-65.8
76.8
2.2
2.9
11.1
-21.6
-3.4
-1.8
20
21
22
23
24
25
Government-sponsored enterprises
Brokers and dealers
-2.0
-11.4
-2.2
-3.3
-4.2
4.6
-3.9
-9.1
-4.1
-4.3
-3.4
15.1
-3.3
-14.1
-5.3
-8.6
-4.4
-9.6
31.7
17.7
34.5
-48.1
24
25
51
2010
2011
2012
2012
Q1
2013
Q3
Q4
Q1
Q2
-216.3
-10.9
-76.6
223.8
433.9
413.9
-70.6
494.0
898.2
536.3
324.3
2
3
225.4
-158.8
411.7
163.3
438.6
59.9
410.8
137.7
579.6
62.2
523.2
-49.8
426.0
-84.9
587.1
133.2
782.0
250.5
570.2
239.8
558.9
15.2
2
3
Financial sectors
-282.9
-585.9
-575.1
-324.7
-207.9
-59.5
-411.6
-226.3
-134.3
-273.6
-249.8
0.1
-329.7
-49.6
-60.3
-28.5
-470.7
-87.0
-41.3
6.7
-457.2
-111.7
-0.1
-21.0
-222.6
-38.6
15.5
1.3
-206.9
-78.3
26.1
50.4
-250.1
-33.6
30.0
-50.9
-208.9
-86.1
24.9
-18.2
-267.0
-10.2
18.7
23.7
-101.5
-183.5
30.6
-7.6
-241.0
-20.4
7.7
-9.8
-147.3
-13.4
25.6
5
6
7
8
32.3
123.0
1.4
-4.2
7.8
37.9
36.9
-46.5
-3.2
-37.9
-91.6
71.6
-1.7
16.3
35.3
24.8
110.1
8.9
16.5
-124.4
17.2
-65.2
16.7
98.9
17.3
62.7
16.3
-4.2
-46.0
37.9
55.8
-138.6
-22.2
9
10
11
-216.3
-10.9
-76.6
223.8
433.9
413.9
-70.6
494.0
898.2
536.3
324.3
12
-162.9
-5.2
0.0
-21.8
-101.4
79.5
58.4
3.3
0.6
-127.3
-168.7
41.4
-329.6
7.4
0.3
-36.8
-45.5
8.8
127.6
-4.4
-0.1
-109.9
-44.8
-65.1
41.3
-9.0
-0.2
-14.4
-36.1
21.7
-51.1
-9.6
-0.1
-118.8
-46.6
-72.2
-17.4
-1.4
-0.0
-236.2
-25.3
-210.8
-24.6
-6.2
-0.4
80.6
-49.3
129.9
258.3
-19.0
-0.1
216.6
-23.1
239.7
-28.3
3.4
-0.2
159.3
-21.6
180.9
-123.0
-2.3
-0.1
131.0
-39.4
170.4
13
14
15
16
17
18
5
6
7
8
9
10
11
12
Net issues
Q2
13
14
15
16
17
18
Household sector
State and local governments
Federal government
Rest of the world (4)
MBS and other ABS
Other
19
20
21
22
23
24
25
26
-64.1
-69.1
5.0
32.1
0.0
-8.4
0.5
-8.9
25.9
-47.7
73.7
-156.7
1.5
-6.7
0.3
-7.0
-98.8
-88.1
-10.7
-11.0
-1.4
-15.7
-0.7
-15.0
3.0
-24.8
27.8
0.6
3.6
-0.3
-0.3
-0.1
-1.2
-1.0
-0.1
-5.8
1.0
0.3
0.7
-0.4
-78.3
-52.0
-26.3
-72.2
0.5
2.4
2.7
-0.3
-13.9
57.9
-71.8
0.7
-0.8
0.5
0.8
-0.3
55.4
-1.7
57.0
29.0
2.0
-1.6
-1.1
-0.5
32.2
-8.3
40.5
19.4
2.4
0.1
0.5
-0.5
-14.8
-11.2
-3.5
-73.2
1.6
4.6
4.2
0.4
9.5
-1.9
11.4
-37.9
-0.2
3.0
2.8
0.2
19
20
21
22
23
24
25
26
27
28
29
30
31
32
-15.4
0.0
-15.4
-45.5
0.0
-45.5
30.8
0.0
30.8
97.6
0.0
97.6
24.3
0.0
24.3
102.9
0.0
102.9
40.4
-0.6
41.1
93.4
0.0
93.4
16.7
2.7
14.0
43.8
-24.3
68.1
12.0
2.7
9.4
105.9
-30.3
136.2
13.1
2.7
10.4
-95.9
-22.6
-73.3
18.2
2.7
15.4
119.2
-22.3
141.5
23.5
2.7
20.7
46.0
-22.0
68.0
9.0
1.7
7.2
83.4
9.6
73.8
4.2
1.0
3.2
73.4
1.5
71.9
27
28
29
30
31
32
33
34
35
2.9
22.0
-0.5
-14.5
-102.3
-0.0
83.4
5.7
0.2
44.6
-24.8
1.4
-47.8
-60.1
1.0
-63.6
-62.7
1.1
-28.0
-65.6
1.4
-50.0
-75.1
1.6
-49.5
-37.2
0.0
-40.6
-31.1
-2.3
6.1
-0.2
-1.8
33
34
35
36
37
38
39
-148.8
69.7
-24.9
13.9
-58.1
143.8
6.1
27.6
-15.7
122.3
4.1
18.7
-49.1
170.3
-2.4
33.6
-3.0
306.0
8.0
47.6
-8.8
306.0
7.9
62.5
-22.6
240.5
3.4
49.3
-16.9
333.5
10.7
45.5
36.0
344.1
10.0
32.9
4.0
388.7
26.1
28.2
-49.2
263.9
22.9
10.1
36
37
38
39
40
41
42
43
44
Government-sponsored enterprises
MBS and other ABS
Other
Finance companies
REITs
-77.7
-64.4
-13.4
3.0
-22.8
-33.8
-35.4
1.6
6.3
3.8
-16.9
-33.9
17.0
-19.8
5.3
-33.4
-34.8
1.4
0.9
1.3
-54.6
-35.8
-18.8
-6.3
10.1
-26.4
-17.9
-8.5
-0.4
13.9
-107.2
-70.5
-36.6
8.0
8.0
-23.6
-18.3
-5.2
-6.3
12.2
-61.2
-36.3
-24.9
-26.5
6.2
-54.5
-54.0
-0.6
-2.9
19.7
3.6
4.1
-0.6
-18.3
3.2
40
41
42
43
44
45
46
47
-259.0
-0.0
497.3
47.5
-8.4
43.6
35.2
7.3
51.9
-85.0
-20.1
32.6
35.5
-4.7
129.6
179.1
-9.6
224.0
-74.1
38.9
228.5
33.9
-32.2
-10.8
3.1
-15.7
76.6
31.9
1.6
22.6
-42.6
-2.0
71.1
45
46
47
Flows
2008
52
2009
2010
2011
2012
2012
Q1
Flows
Net issues
Q1
Q2
315.5
-7.6
-302.4
-162.3
-215.2
-211.7
-68.1
-154.1
271.3
2.7
-64.6
-278.0
-472.5
-400.0
-291.8
-508.1
-395.6
-404.5
-255.9
-344.8
-38.5
63.7
79.1
6.0
82.6
40.7
176.6
71.5
41.5
295.3
305.3
Financial sectors
3
4
15
Q4
264.8
10
11
12
13
14
2013
Q3
-336.0
5
6
7
8
9
Q2
639.3
316.4
191.2
164.0
155.1
35.8
119.9
256.0
208.8
232.0
42.2
12.1
0.4
-10.7
-61.8
177.2
11.6
-5.3
-0.9
7.6
116.5
11.9
-12.7
-4.8
0.4
118.0
6.4
-10.7
-11.5
-3.0
117.6
2.1
-14.5
-9.9
2.9
185.2
3.5
-18.1
-11.5
-30.4
212.7
1.3
-13.1
-11.9
14.4
100.2
1.1
-22.2
-7.6
9.6
207.0
2.3
-4.8
-8.6
17.8
221.0
1.4
-3.6
-6.6
13.4
207.7
0.8
-6.4
-9.7
7.9
60.2
5
6
7
8
9
REITs
Government-sponsored enterprises
Brokers and dealers
Holding companies
Funding corporations (3)
12.8
27.6
120.2
321.4
40.0
24.2
96.0
-32.4
68.6
30.5
28.2
38.1
-11.1
19.8
3.5
37.5
29.2
14.1
2.9
-18.4
47.6
0.6
-50.7
0.6
-8.6
59.5
23.4
-181.4
12.7
-34.5
31.1
-12.5
25.1
-14.8
0.0
62.7
-4.4
-26.8
36.5
0.0
37.1
-4.2
-19.9
-31.8
0.0
64.2
7.8
-45.4
-7.0
0.0
63.1
-10.7
-41.6
-21.3
0.0
10
11
12
13
14
264.8
315.5
-7.6
-302.4
-162.3
-215.2
-211.7
-68.1
-154.1
271.3
2.7
15
-303.0
-7.6
256.3
105.8
-8.5
-2.3
0.6
154.9
-187.4
-0.3
24.1
74.6
-288.2
-4.5
40.3
37.0
-363.0
-4.8
-13.2
53.1
-320.9
-5.1
-19.8
44.4
10.4
-0.7
-18.1
-287.3
-436.1
-3.3
-9.9
118.6
-705.6
-10.1
-5.0
336.7
93.8
1.8
-5.2
8.9
-181.2
-1.2
-2.8
-90.2
16
17
18
19
0.0
0.9
0.0
25.1
6.3
0.0
1.3
-1.8
0.1
-26.4
1.0
-0.0
0.0
5.1
0.0
0.0
8.5
0.0
0.0
3.0
0.0
0.0
6.1
0.0
0.0
3.0
0.0
0.0
-2.7
0.0
0.0
0.1
0.0
20
21
22
35.1
81.8
-2.4
33.4
-20.9
45.6
2.3
37.7
6.5
15.3
5.3
6.4
12.2
16.2
-1.6
20.0
10.1
18.5
6.8
18.7
11.7
65.0
23
24
Net purchases
16
17
18
19
Household sector
State and local governments
Federal government
Rest of the world (4)
20
21
22
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
23
24
25
26
27
-73.2
110.3
-8.4
-95.4
20.5
8.8
25.2
-84.0
5.4
-63.8
-77.4
-4.2
9.6
36.7
-4.1
-12.6
46.5
6.5
19.3
39.6
-3.8
32.9
11.0
-8.4
-1.1
49.5
-10.8
15.8
-28.7
16.3
11.3
-35.8
9.3
25
26
27
28
29
30
Mutual funds
Closed-end funds
Exchange-traded funds
-38.1
-21.1
154.2
86.5
-3.0
70.5
44.3
-4.8
88.3
4.9
-1.3
71.6
-37.2
-8.7
132.9
-92.5
-41.7
147.7
-50.0
9.2
26.4
-0.3
-5.3
176.7
-6.3
3.0
180.7
61.3
-17.0
179.6
164.2
-11.4
47.1
28
29
30
31
32
-28.5
0.0
-4.6
25.1
-18.5
1.3
-5.0
-26.4
9.7
0.0
12.1
0.0
11.8
0.0
31.6
0.0
-16.8
0.0
-78.0
0.0
16.5
0.0
31
32
Net issues
-9.9
497.1
370.1
338.4
625.7
586.8
585.4
782.3
548.2
957.8
498.6
Net purchases
-9.9
497.1
370.1
338.4
625.7
586.8
585.4
782.3
548.2
957.8
498.6
-38.1
-16.5
334.5
35.3
227.6
11.1
217.7
-12.8
419.2
-1.6
351.3
-1.6
175.0
-1.6
734.7
-1.6
415.9
-1.6
980.8
-1.6
458.4
-1.6
3
4
3
4
Household sector
Nonfinancial corporate business
5
6
-0.5
-2.7
1.7
57.2
2.8
111.5
-0.8
147.5
-2.5
144.0
-2.6
168.7
-0.4
338.3
-1.7
-18.0
-5.2
87.0
0.9
-101.2
-0.6
15.2
5
6
7
8
1.3
-0.0
14.8
-0.7
-5.8
0.2
-0.8
0.3
8.3
0.4
-10.3
1.0
11.6
-0.1
11.1
0.4
20.7
0.4
13.8
1.1
2.2
-0.8
7
8
9
10
-0.4
-10.7
0.1
0.0
-0.1
1.0
-0.1
1.1
-0.1
1.3
-0.0
1.2
-0.1
1.3
-0.1
1.3
-0.1
1.3
-0.1
1.3
-0.1
1.4
9
10
11
12
85.5
-27.6
56.5
-2.3
35.1
-13.2
1.9
-15.7
52.2
4.5
73.5
5.7
56.6
4.8
54.9
1.3
23.6
6.1
48.2
14.5
29.0
-4.4
11
12
(1) Shares of open-end investment companies; excludes shares of money market mutual funds, exchange-traded funds, and funding vehicles for variable annuities.
53
2010
2011
2012
2012
Q1
2013
Q2
Q3
Q4
Q1
Q2
689.9
-749.7
-96.5
132.5
172.9
141.0
147.7
151.6
251.2
42.8
205.1
2
3
4
Household sector
Corporate business
Noncorporate business
4.6
64.2
119.5
33.0
-234.0
-102.0
52.4
-83.5
-20.3
-53.9
68.9
56.7
111.5
78.3
87.8
59.7
82.1
118.4
210.5
91.4
81.5
-8.1
56.7
62.2
184.1
83.0
89.0
-41.1
20.0
35.5
38.4
54.6
58.4
2
3
4
5
6
7
8
5.1
0.7
2.8
1.6
-11.2
0.6
-5.1
-6.6
17.9
1.1
11.8
4.9
29.2
-1.7
11.3
19.5
19.2
-0.7
-1.9
21.7
29.0
-0.3
2.1
27.3
44.8
-1.6
11.2
35.2
8.8
-0.3
-14.4
23.6
-5.9
-0.4
-6.4
1.0
45.2
2.5
25.4
17.3
25.6
0.5
11.8
13.3
5
6
7
8
Financial sectors
496.4
-435.4
-62.9
31.6
-124.0
-148.3
-280.6
32.0
-99.0
-16.8
28.1
-7.1
-0.3
45.5
-30.4
-12.1
-45.5
-64.9
-2.2
0.0
15.9
3.6
0.0
16.4
1.2
0.0
-14.5
-13.9
0.0
-5.4
7.6
0.0
58.0
-3.5
0.0
27.7
14.8
0.0
-20.2
-12.9
0.0
4.8
5.8
0.0
10
11
12
13.3
444.9
2.3
-349.6
26.1
-21.9
64.0
-51.9
-120.2
-21.5
-81.6
-38.3
-235.1
-47.6
-22.4
0.0
-141.4
0.0
16.3
0.0
17.5
0.0
13
14
689.9
-749.7
-96.5
132.5
172.9
141.0
147.7
151.6
251.2
42.8
205.1
15
10
11
12
Finance companies
REITs
Brokers and dealers
13
14
Holding companies
Funding corporations
15
16
490.4
-347.6
-44.8
-67.6
-29.9
-46.1
-57.7
-12.2
-3.6
-0.7
-0.5
16
17
18
19
20
131.2
65.1
-1.7
4.8
-277.7
-125.4
-0.3
1.3
-35.9
-16.1
-3.3
3.5
156.3
36.1
1.1
6.6
212.4
-10.7
1.0
0.1
201.1
-11.2
0.4
-3.2
216.8
-11.3
0.3
-0.4
163.1
-11.0
1.4
10.2
268.8
-9.6
1.7
-6.1
45.2
-1.6
0.3
-0.4
145.0
53.7
3.6
3.4
17
18
19
20
(1) Excludes depository institution lending in the form of open market paper, mortgages, consumer credit, and security credit which are shown on other instrument tables.
(2) Loans from Federal Reserve banks to households, rest of the world, broker and dealers, and funding corporations. See loan details on table F.108.
Flows
2008
54
2009
2010
2011
2012
2012
Q1
Flows
2013
Q3
Q4
Q1
Q2
119.1
-447.0
-226.9
4.6
-10.2
-96.0
59.6
-33.1
28.9
65.9
246.0
2
3
4
5
6
7
8
9
10
6.1
0.3
4.4
2.1
0.8
-1.5
0.0
0.0
0.0
66.1
-0.2
59.6
3.6
0.8
0.3
0.0
0.0
2.0
3.6
-1.0
-4.3
0.6
0.9
0.2
0.0
0.0
7.2
4.9
-0.5
-0.5
2.9
0.9
1.4
0.0
0.0
0.7
2.5
-0.1
5.2
0.6
0.4
3.2
0.0
0.0
-6.8
12.2
-1.1
6.3
0.2
0.5
7.6
0.0
0.0
-1.4
8.5
0.4
6.4
2.4
1.1
0.4
0.0
0.0
-2.2
-8.0
0.1
3.7
0.2
-0.4
-0.2
0.0
0.0
-11.3
-2.5
0.1
4.5
-0.3
0.5
5.1
0.0
0.0
-12.5
13.9
3.1
3.7
3.5
1.1
5.5
0.0
0.0
-3.0
0.9
0.0
0.0
0.0
0.0
1.3
0.0
0.0
-0.4
2
3
4
5
6
7
8
9
10
11
12
-44.7
-44.7
-44.0
-44.0
-20.2
-20.2
33.9
33.9
-49.9
-49.9
-75.2
-75.2
-40.0
-40.0
-20.8
-20.8
-63.7
-63.7
15.0
15.0
13.4
13.4
11
12
0.0
-0.2
-0.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
13
14
15
16
2.0
2.0
0.0
-3.2
-3.2
0.0
4.3
4.3
0.0
4.0
4.0
0.0
16.7
14.3
2.4
78.5
78.5
0.0
0.5
-3.4
3.9
1.5
1.1
0.4
-13.6
-19.0
5.5
2.6
8.5
-5.9
19.0
20.0
-1.0
17
18
19
13
14
15
16
Q2
17
18
19
20
21
22
5.9
-0.0
5.9
0.7
-0.0
0.7
3.4
-0.0
3.4
2.4
-0.0
2.5
1.4
-0.0
1.4
-0.2
-0.0
-0.1
-1.0
-0.0
-1.0
2.5
-0.0
2.6
4.1
-0.0
4.1
-0.1
-0.0
-0.1
1.1
-0.0
1.1
20
21
22
23
24
25
26
27
28
29
38.1
0.0
-3.8
8.5
-1.2
8.3
26.2
-284.8
0.0
-0.4
0.2
-263.9
-14.1
-6.6
-144.7
0.0
1.6
5.6
-148.3
-0.4
-3.2
-64.2
0.0
-0.9
-2.6
-60.5
-2.0
1.8
18.6
0.0
0.7
7.6
4.6
0.9
4.8
-21.9
0.0
3.8
-6.3
-21.0
-5.1
6.6
74.1
0.0
-0.5
18.7
36.9
3.3
15.7
4.4
0.0
0.8
12.1
-10.9
2.6
-0.2
17.9
0.0
-1.4
6.0
13.5
2.8
-3.0
28.9
0.0
0.9
-20.6
54.9
-11.4
5.2
141.9
0.0
-0.7
15.9
115.3
4.9
6.5
23
24
25
26
27
28
29
30
31
-15.6
-15.6
-23.7
-23.7
-4.9
-4.9
-3.9
-3.9
1.7
1.7
0.0
0.0
-0.0
-0.0
12.8
12.8
-5.9
-5.9
8.5
8.5
1.8
1.8
30
31
32
33
34
16.9
15.2
1.7
-91.0
-81.9
-9.1
-15.2
-13.7
-1.5
2.7
2.4
0.3
12.3
11.1
1.2
4.5
4.0
0.4
19.6
17.7
2.0
5.0
4.5
0.5
20.0
18.0
2.0
23.9
21.5
2.4
37.9
34.1
3.8
32
33
34
35
36
37
38
39
40
41
110.5
12.2
14.3
12.4
53.4
3.1
15.1
-67.1
-5.3
-13.3
1.3
-27.4
-12.7
-9.8
-53.3
-0.6
-3.7
-0.8
-34.0
-12.7
-1.5
24.9
-2.8
5.4
18.9
-1.5
6.9
-2.0
-13.5
-2.5
0.4
12.2
-2.3
-14.8
-6.5
-94.0
12.6
-7.8
2.9
18.2
-94.9
-25.0
-2.0
-13.3
5.1
20.1
-19.8
8.9
-3.0
-30.6
-0.5
2.2
5.6
-32.1
-3.8
-2.1
72.6
-8.7
2.1
20.3
24.3
30.6
4.1
-26.9
7.1
-3.3
30.8
-52.1
-9.5
0.1
30.0
-9.0
5.0
15.0
20.0
10.0
-11.0
35
36
37
38
39
40
41
(1) The Student Loan Marketing Association (Sallie Mae) was included until it was fully privatized in 2004:Q4.
(2) Syndicated loans from domestic entities, excluding depository institutions and finance companies which are included elsewhere.
55
2
3
4
5
Home
Multifamily residential
Commercial
Farm
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
75.4
-290.1
-506.6
-321.4
-260.2
-450.7
-246.0
-354.0
10.0
-253.7
-50.6
-115.3
47.1
121.6
22.0
-211.3
6.8
-96.9
11.3
-346.4
-5.2
-163.0
8.1
-254.6
5.5
-85.4
13.1
-248.7
23.8
-41.0
5.8
-354.1
-7.3
-95.1
5.8
-218.1
25.9
-59.5
5.8
-328.8
32.4
-63.4
5.8
-93.7
44.1
53.8
5.8
-213.8
16.6
-62.6
6.0
-165.5
41.8
67.1
6.0
2
3
4
5
75.4
-290.1
-506.6
-321.4
-260.2
-450.7
-246.0
-354.0
10.0
-253.7
-50.6
Household sector
-61.2
-164.2
-369.7
-234.6
-240.0
-343.0
-213.4
-320.0
-83.5
-203.8
-158.6
8
9
10
Nonfinancial business
Corporate
Noncorporate
129.9
-57.0
186.9
-129.3
-127.9
-1.4
-137.1
-120.7
-16.5
-95.9
-63.7
-32.2
-35.8
-4.3
-31.5
-118.1
-21.8
-96.2
-57.5
-17.1
-40.3
-46.2
-32.6
-13.6
78.5
54.5
24.0
-54.2
-60.4
6.1
109.5
42.7
66.8
8
9
10
11
12
Federal government
REITs
0.0
6.8
0.0
3.4
0.0
0.2
0.0
9.1
0.0
15.6
0.0
10.4
0.0
24.9
0.0
12.2
0.0
14.9
0.0
4.2
0.0
-1.4
11
12
13
75.4
-290.1
-506.6
-321.4
-260.2
-450.7
-246.0
-354.0
10.0
-253.7
-50.6
13
Net borrowing
2009
14
15
16
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
1.1
-7.7
-3.0
-3.0
-4.1
-1.2
-13.7
-1.6
4.2
-3.2
0.2
0.5
-20.4
0.2
0.5
-21.1
0.2
0.2
-21.0
0.2
0.3
-19.3
0.2
0.4
-20.3
0.2
1.1
-16.3
0.2
0.6
-19.1
0.2
1.1
14
15
16
17
18
-5.4
13.5
5.0
12.6
10.0
-1.8
-5.0
4.0
-11.2
1.7
-11.9
4.5
-1.7
1.8
-7.7
-0.8
-23.6
1.2
4.3
3.6
-2.9
0.1
17
18
19
20
21
22
-43.4
5.2
1.8
32.0
-243.3
-6.4
-0.3
4.8
-205.0
-2.5
-6.5
0.0
-145.4
-2.6
-2.4
3.5
-52.2
-1.9
1.5
7.3
-153.1
-6.4
-1.9
8.5
0.8
-0.1
-2.1
6.1
-171.1
0.1
-1.7
7.5
114.7
-1.2
11.7
7.3
-14.8
-4.9
-2.3
3.9
-26.2
-0.4
-2.7
13.6
19
20
21
22
23
24
0.2
16.3
-0.5
-16.3
-0.3
-8.6
0.8
15.0
0.7
11.9
1.0
21.1
0.8
13.9
0.5
5.5
0.5
7.2
0.9
4.3
2.9
12.9
23
24
25
26
-8.0
-2.8
-2.4
-3.7
2.8
-0.5
-4.6
0.2
-2.6
-1.2
-3.5
-1.5
-1.9
-1.1
-2.4
-1.1
-2.4
-1.0
-2.8
-1.5
-2.9
-1.9
25
26
27
28
62.2
497.0
2.4
415.3
-110.8
186.9
-96.9
165.3
-100.5
132.2
-140.7
134.5
-162.4
146.5
-38.4
105.6
-60.7
142.4
-148.5
138.8
100.0
39.6
27
28
29
30
31
ABS issuers
Finance companies
REITs
-352.5
-84.0
-46.9
-370.3
-50.5
-28.0
-296.9
-55.9
-6.3
-218.9
-32.1
0.2
-206.0
-26.4
6.1
-246.9
-28.5
-5.0
-206.2
-31.0
11.1
-217.9
-20.5
7.0
-153.1
-25.5
11.6
-191.1
-30.6
2.4
-160.1
-13.7
8.8
29
30
31
Flows
2008
56
1
2
3
4
Flows
Net borrowing
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
-115.3
-211.3
-346.4
-254.6
-248.7
-354.1
-218.1
-328.8
-93.7
-213.8
-165.5
-58.2
-10.2
-46.9
-157.4
-12.4
-41.5
-357.8
-6.8
18.1
-228.4
-3.4
-22.8
-236.4
-0.5
-11.7
-335.4
-1.0
-17.7
-208.5
-0.1
-9.6
-315.2
0.1
-13.7
-86.7
-1.0
-6.0
-200.1
-1.2
-12.5
-162.0
0.7
-4.1
2
3
4
-115.3
-211.3
-346.4
-254.6
-248.7
-354.1
-218.1
-328.8
-93.7
-213.8
-165.5
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
0.4
-4.8
-1.1
-8.0
-2.5
-0.4
-8.0
-0.9
1.5
-8.0
0.1
0.2
-8.0
0.1
0.2
-8.0
0.1
0.1
-8.0
0.1
0.1
-8.0
0.1
0.2
-8.0
0.1
0.4
-8.0
0.1
0.2
-8.0
0.1
0.4
6
7
8
9
10
-2.8
2.7
2.6
5.7
5.1
1.8
-2.6
0.9
-5.8
1.2
-6.1
2.8
-0.9
0.8
-4.0
-1.6
-12.1
2.6
2.2
-0.9
-1.5
-2.6
9
10
11
12
13
14
-184.4
-1.5
1.4
32.0
-191.1
-6.0
-0.3
4.8
-104.7
0.1
-2.5
0.0
-77.7
0.3
-2.4
3.5
-52.1
0.5
2.3
7.3
-110.6
0.5
-1.0
8.5
23.4
-0.5
-1.0
6.1
-154.7
1.0
-0.8
7.5
33.4
0.9
11.9
7.3
-28.3
-0.2
-0.3
3.9
-105.8
-0.8
-3.1
13.6
11
12
13
14
15
16
17
-0.8
0.1
-1.0
0.0
0.7
-1.3
0.4
-0.1
-0.2
-0.1
-0.3
0.1
0.5
0.9
-0.4
2.1
0.3
-0.6
2.0
0.8
-0.4
1.8
1.0
-0.4
-3.9
1.3
-0.4
0.1
1.6
-0.5
-1.3
1.9
-0.7
15
16
17
18
19
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
8.8
492.2
-25.3
402.5
-117.7
175.8
-103.2
148.0
-111.6
105.0
-153.6
115.7
-163.8
112.9
-59.6
84.8
-69.5
106.5
-136.1
110.0
111.8
2.0
18
19
20
21
22
ABS issuers
Finance companies
REITs
-312.9
-97.3
-46.4
-323.1
-47.8
-21.7
-243.5
-50.0
-3.7
-192.9
-19.8
-0.7
-181.9
-12.2
5.5
-182.1
-23.9
1.8
-191.4
-10.7
12.3
-185.5
-13.0
2.4
-168.4
-1.2
5.4
-142.9
-22.0
7.2
-159.8
-14.2
2.3
20
21
22
-18.5
22.0
-0.4
4.6
-25.2
-19.5
-82.5
-53.3
-0.6
-4.1
-15.0
-9.6
-90.4
-66.3
0.0
-6.4
-8.6
-9.3
-75.0
-60.1
-0.0
-6.0
-4.8
-4.0
-83.0
-70.4
-0.0
-6.5
-3.6
-2.4
-88.4
-72.3
0.1
-9.4
-3.7
-2.9
-72.2
-59.4
-0.2
-6.1
-3.4
-3.1
-88.3
-78.1
0.0
-4.4
-4.0
-1.8
-83.3
-71.9
-0.1
-6.1
-3.3
-1.9
-86.0
-74.0
0.1
-6.7
-2.9
-2.6
-68.7
-55.9
-0.1
-4.7
-4.7
-3.3
23
24
25
26
27
28
6
7
8
23
24
25
26
27
28
2009
Memo:
Home equity loans included above (2)
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Credit unions
ABS issuers
Finance companies
Net borrowing
47.1
6.8
-5.2
5.5
23.8
-7.3
25.9
32.4
44.1
16.6
41.8
2.2
42.6
0.2
4.7
-0.3
-5.8
0.3
5.3
1.2
23.6
-0.2
-4.6
1.4
26.6
1.7
31.4
2.2
41.2
0.8
14.8
2.0
38.7
2
3
Federal government
REITs
0.0
2.3
0.0
1.8
0.0
0.8
0.0
-0.1
0.0
-1.1
0.0
-2.4
0.0
-2.1
0.0
-0.7
0.0
0.7
0.0
1.1
0.0
1.1
4
5
2
3
4
5
6
47.1
6.8
-5.2
5.5
23.8
-7.3
25.9
32.4
44.1
16.6
41.8
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
0.0
-0.1
-1.0
0.0
-0.1
-0.4
0.0
-0.0
1.5
0.0
0.0
0.2
0.0
0.0
0.2
0.0
0.0
0.1
0.0
0.0
0.1
0.0
0.0
0.1
0.0
0.0
0.4
0.0
0.0
0.2
0.0
0.0
0.4
7
8
9
10
11
-2.2
0.1
2.0
0.1
4.0
-0.3
-2.0
-0.3
-4.5
-0.3
-4.7
0.0
-0.7
-0.6
-3.1
-0.8
-9.4
0.0
1.7
-0.4
-1.1
-0.0
10
11
12
13
14.9
-0.2
-9.0
-0.4
-12.2
-0.5
-6.6
-0.6
5.0
-1.5
-14.6
-5.7
6.8
-0.5
7.1
0.1
20.6
-0.1
12.7
-0.5
29.5
-1.6
12
13
14
15
16
-0.1
0.3
-0.8
-3.2
0.3
-1.1
-1.3
0.4
-0.2
2.1
-0.3
0.1
1.5
0.9
-0.4
2.5
0.0
-0.5
2.3
1.0
-0.3
1.8
1.0
-0.3
-0.6
1.6
-0.3
0.8
1.9
-0.4
0.4
2.3
-0.6
14
15
16
17
18
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
42.5
4.6
14.2
13.0
2.0
11.3
2.8
19.4
6.2
27.0
8.3
19.0
-3.5
31.8
16.6
21.0
3.6
36.2
-14.1
29.1
-15.4
37.7
17
18
19
20
21
ABS issuers
Finance companies
REITs
-10.7
0.8
-0.9
-5.8
-0.7
-2.0
-8.6
-1.0
-0.4
-7.7
-1.5
-0.2
-9.6
-0.8
0.1
-11.1
-0.6
-0.0
-10.1
-0.6
0.2
-10.1
-1.0
0.0
-7.3
-0.9
0.4
-15.1
-0.4
1.3
-10.1
-2.2
2.7
19
20
21
7
8
9
57
2010
2011
2012
2012
Q1
1
2
3
4
5
6
Net borrowing
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
REITs
2013
Q3
Q4
Q1
Q2
121.6
-96.9
-163.0
-85.4
-41.0
-95.1
-59.5
-63.4
53.8
-62.6
67.1
-3.0
-55.1
175.3
4.5
-6.8
-119.9
28.2
1.6
-11.9
-116.8
-33.7
-0.6
-6.2
-65.2
-23.2
9.2
-3.5
-7.3
-47.0
16.7
-7.6
-24.0
-76.3
12.8
-4.9
-21.0
-60.6
27.0
-4.8
-36.3
-35.2
12.8
3.2
52.2
-15.8
14.2
-3.7
-60.9
-1.2
3.2
3.4
39.1
27.0
-2.5
2
3
4
5
121.6
-96.9
-163.0
-85.4
-41.0
-95.1
-59.5
-63.4
53.8
-62.6
67.1
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
0.9
-2.8
-0.8
-0.7
-1.6
-0.3
-2.5
-0.6
1.1
-4.3
0.1
0.1
-6.1
0.1
0.1
-5.5
0.1
0.1
-5.9
0.1
0.1
-6.4
0.1
0.1
-6.8
0.1
0.3
-7.3
0.1
0.2
-7.7
0.1
0.3
7
8
9
10
11
-0.4
10.4
0.4
6.4
0.8
-3.7
-0.4
3.2
-0.9
0.8
-0.9
1.5
-0.1
1.5
-0.6
1.5
-1.9
-1.5
0.3
5.3
-0.2
2.5
10
11
12
13
14
117.4
6.8
0.4
-36.8
0.1
-0.0
-95.1
-2.1
-4.0
-62.9
-2.3
-0.1
-11.9
-0.9
-0.8
-36.8
-1.2
-0.9
-35.5
0.9
-1.1
-29.7
-1.0
-0.9
54.3
-2.1
-0.2
-5.3
-4.1
-2.1
44.4
2.0
0.4
12
13
14
15
16
0.2
14.9
-0.5
-11.4
-0.3
-6.9
0.8
12.3
0.7
10.0
1.0
16.5
0.8
9.6
0.5
2.0
0.5
11.7
0.9
3.4
2.9
13.8
15
16
17
18
-8.4
-1.0
-3.4
-1.2
2.5
-0.2
-4.0
0.1
-4.3
-0.4
-3.9
-0.5
-3.7
-0.4
-4.5
-0.4
-5.3
-0.3
-6.2
-0.5
-7.1
-0.6
17
18
19
20
0.0
-28.9
0.0
-41.4
0.0
-44.9
0.0
-18.3
0.0
-14.5
0.0
-53.6
0.0
-4.7
0.0
-22.3
0.0
22.6
0.0
-33.1
0.0
9.8
19
20
21
22
Finance companies
REITs
12.6
0.4
-2.0
-4.3
-4.9
-2.3
-10.8
1.1
-13.4
0.5
-4.1
-6.8
-19.7
-1.4
-6.5
4.6
-23.3
5.8
-8.2
-6.0
2.7
3.9
21
22
7
8
9
Q2
Net borrowing
Nonfinancial corporate business
Nonfinancial noncorporate business
Net change in assets
22.0
11.3
8.1
13.1
5.8
5.8
5.8
5.8
5.8
6.0
6.0
6.0
16.0
4.1
7.2
3.2
4.9
4.5
8.6
2.2
3.6
3.4
2.4
2.5
3.3
1.9
3.9
1.1
4.7
1.0
5.0
0.9
5.1
2
3
22.0
11.3
8.1
13.1
5.8
5.8
5.8
5.8
5.8
6.0
6.0
5
6
Household sector
Nonfinancial noncorporate business
-0.2
-0.1
5.8
-0.0
-3.2
0.1
9.1
0.0
-6.3
0.0
-7.7
0.0
-7.1
0.0
-4.9
0.0
-5.5
0.0
-1.0
0.0
-3.4
0.0
5
6
7
8
-0.0
0.2
0.0
0.4
0.1
0.4
-0.0
0.3
-0.1
0.1
-0.1
0.1
-0.0
0.1
-0.0
0.0
-0.1
0.0
0.0
-0.4
-0.0
0.2
7
8
9
10
8.8
0.0
-6.4
-0.0
7.0
0.0
1.8
-0.0
6.9
0.0
8.9
-0.0
6.1
-0.0
6.3
-0.0
6.3
0.1
6.1
-0.1
5.7
-0.0
9
10
11
12
2.3
0.0
-1.7
0.0
-0.9
0.0
0.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
11
12
13
14
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
10.9
0.1
13.5
-0.2
4.9
-0.2
3.5
-2.1
4.9
0.3
4.7
-0.2
5.0
1.7
4.7
-0.2
5.3
-0.3
1.7
-0.2
3.6
-0.1
13
14
Flows
2008
58
2009
2010
2011
2012
2012
Flows
Q1
Q2
2013
Q3
Q4
Q1
Q2
34.8
-103.7
-25.3
109.1
169.1
147.6
205.7
136.2
186.9
180.6
165.1
34.8
-103.7
-25.3
109.1
169.1
147.6
205.7
136.2
186.9
180.6
165.1
3
4
5
7.1
-1.2
0.0
-5.8
-2.2
0.0
-10.4
-11.4
0.0
-6.4
2.3
0.0
-4.9
0.0
0.0
-2.2
26.7
0.0
-2.0
-5.0
0.0
-13.6
-1.9
0.0
-1.8
-19.9
0.0
-8.6
8.2
0.0
-4.5
-2.3
0.0
3
4
5
6
7
8
19.5
70.1
-0.4
87.9
-64.5
0.9
133.1
-70.3
-10.7
131.2
7.1
-3.4
129.4
28.1
20.6
129.1
-30.4
19.4
165.9
43.7
22.4
121.1
33.0
10.9
101.3
66.0
29.7
148.2
9.8
26.9
117.2
32.8
12.8
6
7
8
0.0
-42.3
-17.9
0.0
-37.8
-82.4
0.0
-42.3
-13.4
0.0
-4.2
-17.4
0.0
3.7
-7.8
0.0
11.6
-6.7
0.0
-0.8
-18.5
0.0
-2.5
-11.0
0.0
6.4
5.1
0.0
8.1
-12.1
0.0
-5.8
14.9
9
10
11
2.3
-23.9
93.7
-37.3
-88.0
-58.2
101.0
-58.5
-69.4
-41.0
80.8
4.3
1.8
17.2
99.9
-9.7
3.3
59.8
119.0
-13.1
-1.0
33.4
199.6
-84.4
8.4
80.6
82.8
34.0
3.3
84.2
127.7
-79.0
2.7
41.0
66.0
77.2
13.1
47.7
150.3
-30.4
10.3
77.7
38.7
38.4
12
13
14
15
9
10
11
Government-sponsored enterprises
ABS issuers
Finance companies
Memo:
12
13
14
15
(1) Student loans originated under the Federal Family Education Loan Program.
(2) Includes loans originated by the Department of Education under the Federal Direct Loan Program and Perkins Loans, as well as Federal Family Education Loan Program
loans that the government purchased from depository institutions, finance companies, and nonprofit and educational institutions, and loans in default.
(3) Revolving credit that also includes overdraft plans on checking accounts and other loans without a fixed repayment schedule.
(4) Includes student loans held by nonprofit organizations (line 3), the federal government (line 6), depository institutions (part of lines 7 and 8), and
finance companies (part of line 11). Data begin in 2006:Q1.
(5) Includes student loans before 2006:Q1.
59
2010
2011
2012
2012
Q1
Household sector
3
4
5
6
7
8
Q2
2013
Q3
Q4
Q1
Q2
-170.6
-12.0
226.5
52.8
178.5
229.7
179.5
186.6
118.1
187.5
44.7
22.2
16.0
21.4
14.0
1.5
6.6
2.8
-0.0
-3.2
-6.4
-9.4
-225.2
5.7
-82.6
16.8
156.3
30.3
18.9
8.1
122.6
0.7
150.5
2.6
156.1
-10.7
136.2
-2.2
47.5
12.9
132.4
20.1
-11.7
-3.0
3
4
38.6
22.6
38.9
-56.2
38.5
6.3
38.4
9.3
39.1
8.3
38.9
3.4
39.1
3.0
39.2
17.6
39.2
9.3
39.2
1.9
39.1
23.4
5
6
-9.9
-24.7
6.1
48.9
25.8
-52.0
-32.2
-3.8
6.3
-0.0
15.5
12.2
4.5
-15.3
-2.2
-2.0
7.4
5.0
-4.5
4.6
5.3
1.0
7
8
-192.1
-114.5
166.3
111.9
117.2
171.7
155.9
146.9
-5.9
178.4
63.1
-169.5
-3.0
-31.1
-26.3
105.7
37.0
82.2
6.2
89.5
6.4
141.2
2.9
132.0
4.0
94.9
5.5
-10.1
13.3
157.2
8.1
36.1
14.4
10
11
10
11
12
13
14
-15.4
4.2
6.5
-4.6
-21.1
6.6
13.1
-0.7
19.8
1.9
4.8
17.7
8.5
2.9
11.5
7.6
-2.6
15.9
13.1
6.7
8.2
8.0
6.2
26.4
5.2
1.3
-4.7
8.5
-13.8
14.4
1.8
4.2
11.7
12
13
14
15
16
1.3
-16.1
-3.7
-34.3
0.8
-9.5
3.4
-4.2
4.8
-6.4
15.8
-9.1
3.6
-11.6
9.8
-3.9
-10.0
-1.0
8.1
-4.2
10.4
-15.6
15
16
21.5
102.5
60.3
-59.1
61.3
58.1
23.5
39.6
124.0
9.1
-18.3
17
17
Discrepancy
-397.9
-95.9
123.6
97.8
188.9
181.7
135.0
266.3
172.5
-105.7
71.7
2
3
Household sector
Rest of the world
-160.7
0.0
38.1
0.0
75.2
0.0
-39.3
0.0
64.9
0.0
115.4
0.0
-93.1
0.0
98.7
0.0
138.4
0.0
16.4
0.0
-21.2
0.0
2
3
4
5
6
7
-237.3
-123.8
12.8
-126.3
-134.0
-74.1
-59.2
-0.8
48.4
25.7
-5.8
28.5
137.1
58.1
37.3
41.6
124.0
23.6
42.3
58.0
66.2
39.6
-39.4
66.0
228.0
61.5
75.8
90.7
167.6
10.1
128.1
29.3
34.1
-16.6
4.7
46.0
-122.1
26.1
-135.7
-12.5
92.9
150.9
-41.6
-16.4
4
5
6
7
-397.9
-95.9
123.6
97.8
188.9
181.7
135.0
266.3
172.5
-105.7
71.7
9
10
Household sector
Rest of the world
-123.8
0.0
-74.1
0.0
25.7
0.0
58.1
0.0
23.6
0.0
39.6
0.0
61.5
0.0
10.1
0.0
-16.6
0.0
26.1
0.0
150.9
0.0
9
10
11
12
13
12.8
-126.3
-160.7
-59.2
-0.8
38.1
-5.8
28.5
75.2
37.3
41.6
-39.3
42.3
58.0
64.9
-39.4
66.0
115.4
75.8
90.7
-93.1
128.1
29.3
98.7
4.7
46.0
138.4
-135.7
-12.5
16.4
-41.6
-16.4
-21.2
11
12
13
Flows
2008
60
2009
2010
2011
2012
2012
Q1
1
2
3
Flows
4
5
6
7
Q2
2013
Q3
Q4
Q1
Q2
67.0
26.5
17.2
94.1
-11.6
-9.6
-73.2
11.8
24.6
-10.0
13.7
1.0
66.0
1.1
25.4
0.9
16.4
1.3
92.8
0.3
-11.9
0.5
-10.1
1.5
-74.6
-0.2
12.0
-0.5
25.1
0.2
-10.2
0.8
12.9
2
3
67.0
26.5
17.2
94.1
-11.6
-9.6
-73.2
11.8
24.6
-10.0
13.7
61.7
6.4
-1.2
23.7
0.8
2.1
9.0
4.5
3.8
86.9
4.8
2.4
-26.3
7.4
7.3
-46.6
12.4
24.5
-82.2
4.8
4.3
0.2
5.9
5.8
23.5
6.4
-5.3
-20.2
5.3
5.0
7.8
4.7
1.1
5
6
7
538.0
427.4
614.7
473.0
497.1
464.5
381.8
526.3
615.7
463.9
477.4
2
3
22.5
209.5
2.6
115.1
145.3
146.7
75.3
82.6
74.8
120.5
48.1
114.7
-46.9
127.1
112.1
120.5
186.0
119.6
23.7
135.7
-7.0
176.6
2
3
4
5
209.5
96.5
215.9
93.7
220.7
102.1
209.3
105.9
203.3
98.5
200.8
100.9
200.1
101.5
203.9
89.8
208.3
101.7
208.3
96.2
208.3
99.4
4
5
538.0
427.4
614.7
473.0
497.1
464.5
381.8
526.3
615.7
463.9
477.4
-123.8
-3.4
19.4
20.7
13.1
19.4
18.1
28.6
-13.6
26.8
-58.7
3.1
6.7
-3.3
-6.3
7.2
-0.7
8.8
1.2
5.3
1.3
-3.1
0.6
16.3
0.8
-10.4
1.1
18.5
2.6
-19.2
1.6
5.6
2.8
2
3
2
3
-86.0
7.3
6.6
10.6
6.7
7.7
9.1
16.3
-6.4
7.6
-51.8
5
6
-28.1
-19.7
5.3
-7.0
5.6
2.6
-4.4
5.2
3.8
-4.6
26.0
-14.8
-20.7
13.9
17.9
0.9
-8.1
-18.5
30.4
-0.6
-8.1
-6.7
5
6
7
8
Finance companies
Brokers and dealers
-0.1
0.3
-2.8
3.2
0.3
-2.1
0.4
-1.1
0.1
0.5
1.2
1.8
-0.7
-0.6
-0.6
3.3
0.7
-2.4
1.6
5.4
-0.6
0.1
7
8
-56.4
30.0
27.8
23.0
13.2
36.3
-17.5
19.8
14.2
-3.1
-46.3
5.6
-62.0
-5.9
35.9
0.7
27.1
2.3
20.8
1.3
11.9
-2.0
38.3
-8.7
-8.8
11.6
8.1
4.1
10.1
-0.8
-2.4
-4.1
-42.2
10
11
-67.3
-33.4
-8.4
-2.4
-0.1
-16.9
35.6
8.8
-27.8
30.0
-12.4
12
9
10
11
12
-287.1
-69.8
187.4
-54.9
1.1
27.5
5.1
-11.1
-17.0
36.9
4.6
-298.7
11.6
-70.4
0.6
186.5
0.9
-53.2
-1.7
-5.3
6.5
-1.9
29.4
-0.2
5.3
-7.5
-3.6
-11.7
-5.3
42.2
-5.3
3.5
1.1
2
3
61
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2392.7
-33.5
1331.1
1511.3
1010.2
763.0
1112.1
1020.6
1145.0
1275.6
864.3
2
3
4
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
3.2
522.9
114.1
-4.9
48.7
32.7
2.7
400.5
-50.8
-0.4
384.9
35.5
0.6
317.2
7.8
7.5
182.6
36.7
7.4
391.7
6.0
1.7
553.7
8.5
-14.3
140.8
-20.1
4.1
87.3
11.5
6.8
349.9
1.7
2
3
4
5
6
Federal government
Rest of the world
107.1
511.9
97.0
-285.1
110.7
563.0
122.1
402.7
93.7
252.0
69.9
-10.2
114.6
437.6
67.2
119.0
123.1
461.5
100.1
56.4
86.1
494.3
5
6
7
8
9
10
11
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
2.2
26.7
549.5
-3.8
1.1
6.1
257.9
-418.2
4.3
14.7
29.2
198.4
7.5
-5.9
-8.3
-26.7
50.8
255.5
-3.9
1.3
2.0
111.5
-42.7
-2.0
0.3
58.1
193.5
-211.4
-1.1
6.5
-50.0
68.5
106.6
-5.0
-5.1
-24.5
222.6
4.1
5.2
-1.8
24.3
-38.5
-70.3
-7.2
1.8
62.7
165.6
21.5
-3.6
12.8
-43.0
-134.2
218.2
0.2
-7.7
7
8
9
10
11
12
13
40.2
89.8
-2.6
17.9
9.2
14.0
33.1
37.7
4.4
35.1
-30.9
48.6
22.5
2.8
5.0
70.2
20.9
18.8
-25.5
-4.9
29.0
12.6
12
13
14
15
16
Government-sponsored enterprises
Finance companies
REITs
37.1
10.4
-2.7
62.2
-91.2
-13.8
-68.1
-58.9
14.9
-24.0
-13.4
8.5
-6.5
-27.0
17.0
5.7
-25.6
62.2
-12.8
-39.0
-40.0
-15.9
-151.0
90.5
-2.9
107.6
-44.9
-15.8
7.7
1.4
6.9
-0.4
4.0
14
15
16
17
18
19
-70.7
-163.8
441.1
18.4
-25.6
-44.9
22.2
-68.2
-50.2
-8.6
-36.8
6.2
0.3
-66.0
145.7
291.8
-123.3
76.2
-132.2
67.6
-15.5
46.3
-245.6
39.2
-204.8
37.4
482.8
278.7
336.0
-39.0
-79.4
-88.0
-156.2
17
18
19
661.0
330.2
1095.1
1500.2
1246.3
1012.6
1362.6
639.9
1970.0
1778.8
2234.3
20
20
2009
21
22
23
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
55.1
-347.3
107.5
34.9
104.5
-92.5
6.0
518.5
104.8
70.4
441.4
9.0
-5.8
705.6
39.5
-37.0
617.7
25.3
-22.4
598.8
29.7
-7.4
718.5
36.2
43.5
887.4
66.6
-28.1
570.8
36.7
16.6
815.4
56.2
21
22
23
24
25
26
-8.4
-28.0
-252.3
24.4
35.4
240.9
-29.6
-3.5
479.1
-0.4
1.9
233.2
14.9
-1.0
257.5
75.1
-10.7
91.2
10.3
5.9
413.9
-12.5
0.1
-174.2
-13.5
0.5
699.0
20.8
2.7
-309.9
22.0
-11.6
400.0
24
25
26
27
28
29
30
31
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
530.2
93.7
364.3
-1.0
-0.4
-493.8
12.2
-115.8
-4.5
0.2
7.8
-84.6
4.9
4.5
41.1
142.9
-68.2
222.7
0.8
-12.1
-27.6
-21.9
-17.3
0.2
0.8
-152.8
124.4
-157.4
0.1
-5.1
-5.0
99.0
101.4
16.0
8.0
-1.0
-50.0
-0.7
-10.4
-3.4
48.5
-261.0
-12.4
-5.0
3.7
76.6
-3.1
67.5
1.8
-8.5
31.6
235.0
121.5
24.1
55.8
27
28
29
30
31
32
33
6.8
37.2
16.3
-22.5
-22.2
2.8
-1.0
48.9
-2.6
40.1
-19.6
-51.0
5.5
45.9
-3.0
50.8
6.7
114.5
16.4
-124.8
19.1
-16.5
32
33
34
35
36
207.1
-18.4
80.9
149.9
-8.5
77.5
-27.6
16.1
85.9
47.9
8.8
90.0
52.8
0.3
88.6
21.7
-6.0
88.9
41.9
1.8
88.3
42.2
3.8
88.8
105.3
1.7
88.6
44.1
-16.5
88.6
74.0
18.6
88.6
34
35
36
37
38
-33.9
3.2
-8.3
-5.1
-3.4
-12.0
-0.8
2.9
6.1
-33.1
-47.4
-161.0
-20.6
-61.9
-7.9
18.9
100.2
71.4
-21.3
44.9
15.8
0.0
37
38
39
40
41
Government-sponsored enterprises
Finance companies
REITs
-42.6
21.4
-0.8
1.2
26.3
-8.5
29.3
-105.4
7.4
-0.1
7.5
13.3
4.1
-27.4
22.5
6.3
-21.9
22.3
-56.4
-52.8
6.2
14.7
-88.4
34.0
51.8
53.3
27.5
61.3
-43.2
32.8
-0.8
-24.2
45.6
39
40
41
42
43
44
-615.1
283.1
42.1
54.9
85.4
-67.2
-104.2
-31.2
-58.4
-101.7
36.5
19.6
-61.4
37.4
7.2
268.0
142.9
72.5
117.4
-92.6
-102.3
-186.0
-67.4
17.8
-445.1
166.8
40.7
557.2
365.3
128.3
284.2
-175.1
-25.2
42
43
44
1731.7
-363.8
235.9
11.2
-236.1
-249.6
-250.6
380.7
-825.0
-503.2
-1370.0
45
45
Discrepancy
Flows
2008
62
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
Flows
329.1
127.0
233.1
-31.1
262.6
17.6
6.8
4.6
24.2
13.3
310.4
34.6
227.4
48.3
269.7
-0.8
16.3
1.6
11.0
12.5
301.1
40.6
302.5
-42.0
303.3
2.7
-22.2
1.9
6.8
8.7
409.0
64.7
326.5
17.8
399.8
-5.7
-1.0
3.0
9.0
3.9
388.3
34.6
332.7
21.0
365.8
-0.9
-2.6
3.6
11.3
11.2
452.2
15.5
327.8
108.8
428.2
-0.4
-19.6
3.3
24.0
16.7
344.8
61.0
320.2
-36.4
314.8
2.8
5.5
1.4
12.2
8.0
374.5
49.6
319.1
5.8
355.3
-5.1
-3.0
2.3
11.1
13.8
381.7
12.2
363.6
5.9
364.7
-1.2
6.7
7.3
-2.3
6.4
336.5
-3.4
319.0
20.9
294.8
0.6
16.4
1.9
8.2
14.5
382.2
46.0
329.9
6.3
354.8
-1.8
19.1
0.6
-1.5
11.0
1
2
3
4
5
6
7
8
9
10
189.5
-0.2
24.8
14.9
12.5
12.2
55.8
0.6
310.1
255.7
39.1
15.2
104.7
0.1
16.6
2.4
11.1
12.8
2.1
0.6
150.4
126.8
21.7
2.0
157.3
0.1
12.4
2.8
6.3
13.2
13.2
0.6
205.9
140.5
62.7
2.7
195.1
0.2
27.2
-2.1
-9.1
7.5
10.8
0.6
230.2
98.5
80.9
50.9
165.5
0.2
-2.4
-5.7
2.5
-2.2
8.0
0.6
166.4
59.6
105.7
1.0
176.1
0.4
-26.4
-3.9
-4.3
-6.3
6.9
0.6
143.0
7.1
105.3
30.6
176.9
0.1
6.7
6.4
3.8
-0.5
4.2
0.6
198.1
52.5
93.1
52.5
135.2
0.2
5.6
-1.9
8.2
1.8
5.6
0.6
155.4
34.6
111.3
9.5
173.8
-0.0
4.4
-23.4
2.1
-3.7
15.2
0.6
169.2
144.3
113.2
-88.4
91.6
-0.7
7.7
6.6
6.0
-3.8
6.5
0.6
114.5
52.4
102.4
-40.2
117.5
0.1
7.2
5.2
9.5
5.0
6.1
0.6
151.5
36.5
124.2
-9.2
11
12
13
14
15
16
17
18
19
20
21
22
1.4
1.4
1.7
1.7
2.3
2.3
2.6
2.6
2.4
2.4
1.5
1.5
7.0
7.0
1.0
1.0
0.3
0.3
0.1
0.1
8.3
8.3
23
24
2.6
2.6
4.6
4.6
0.9
0.9
0.4
0.4
0.5
0.5
1.3
1.3
0.5
0.5
0.1
0.1
-0.0
-0.0
0.8
0.8
-0.3
-0.3
25
26
-4.2
-0.1
1.2
0.0
-6.5
0.3
1.0
0.0
0.0
-0.0
0.0
0.7
-0.4
-0.3
-2.7
0.1
0.4
0.0
-3.0
-0.2
-0.0
-5.9
-0.0
0.3
0.0
-6.1
0.7
-0.8
-1.8
0.0
0.2
0.0
-2.2
0.1
0.1
-2.6
0.5
0.3
0.0
-3.1
-0.1
-0.1
-3.2
-0.3
-0.3
0.0
-3.3
0.5
0.2
-1.5
0.0
0.4
0.0
-1.8
-0.1
0.0
-0.0
-0.0
0.2
0.0
-0.4
0.0
0.2
-3.6
0.3
-0.2
0.0
-3.4
0.2
-0.4
1.1
-0.2
1.1
0.0
0.1
0.1
0.1
27
28
29
30
31
32
33
113.6
0.0
-12.5
-7.3
98.2
-9.1
183.0
166.8
0.0
9.3
-23.3
-173.1
23.5
3.1
33.4
0.0
22.2
-39.5
-24.3
10.6
2.4
76.1
0.0
9.3
-20.3
-13.0
30.6
82.7
101.2
4.3
9.9
-0.5
49.6
-51.5
113.1
22.3
0.0
-2.1
-15.3
255.4
77.3
337.6
174.2
10.2
27.7
-14.0
-114.1
-77.8
6.2
136.6
5.3
13.5
-1.3
4.9
-48.7
110.2
71.8
1.8
0.7
28.6
52.3
-156.9
-1.8
110.7
-22.9
0.8
-5.7
-84.5
89.8
88.2
-101.0
-0.0
-1.4
5.1
72.2
-146.0
-171.1
34
35
36
37
38
39
40
-1.1
-1.1
-9.3
-9.3
26.7
26.7
8.4
8.4
-0.4
-0.4
-11.2
-11.2
-10.3
-10.3
-1.0
-1.0
20.9
20.9
-4.2
-4.2
3.7
3.7
41
42
35.6
6.4
42.1
-73.5
6.3
-67.2
-31.5
-26.9
-58.4
-33.7
53.4
19.6
-11.8
19.0
7.2
65.7
6.8
72.5
-103.0
0.7
-102.3
-42.3
60.1
17.8
32.3
8.4
40.7
67.7
60.6
128.3
-3.4
-21.8
-25.2
43
44
45
0.0
0.0
0.0
2.4
1.2
1.2
7.9
4.0
4.0
1.4
0.7
0.7
0.1
0.0
0.0
0.2
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
46
47
48
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
(1) Direct investment is valued on a current-cost basis. Excludes capital gains and losses. Components of direct investment--equity, reinvested earnings, intercompany accounts-are not available before 1982.
(2) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
63
2009
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
529.8
0.0
529.7
-543.3
0.2
-543.5
-10.1
0.1
-10.2
99.7
-0.1
99.7
-91.0
-0.1
-90.9
-213.4
-0.1
-213.4
-74.0
0.0
-74.1
-61.6
0.1
-61.7
-14.9
-0.3
-14.6
-3.8
-0.5
-3.3
-25.3
0.3
-25.5
1
2
3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4
5
-5.4
-5.4
0.4
0.4
-1.5
-1.5
-1.8
-1.8
1.2
1.2
17.1
17.1
-15.2
-15.2
-2.1
-2.1
4.8
4.8
-1.4
-1.4
-5.6
-5.6
6
7
3.2
3.2
-4.9
-4.9
2.7
2.7
-0.4
-0.4
0.6
0.6
7.5
7.5
7.4
7.4
1.7
1.7
-14.3
-14.3
4.1
4.1
6.8
6.8
8
9
4
5
6
7
8
9
10
11
12
13
17.6
19.5
-3.4
1.5
8.4
9.7
-1.1
-0.1
14.8
14.7
0.4
-0.4
14.4
15.2
-1.8
0.9
-2.4
-3.1
0.4
0.3
-0.9
-4.2
0.8
2.5
-15.7
-19.2
1.5
1.9
18.4
15.3
1.4
1.6
-11.5
-4.3
-2.3
-5.0
-13.5
-14.9
0.3
1.2
14.8
15.0
1.8
-2.0
10
11
12
13
14
17.6
8.4
14.8
14.4
-2.4
-0.9
-15.7
18.4
-11.5
-13.5
14.8
14
Policy payables:
15
25.4
-5.0
6.3
35.2
5.8
-27.0
5.9
1.6
42.5
-9.2
23.8
15
16
17
18
11.0
11.0
3.4
8.7
-4.0
-9.8
-35.2
11.9
29.7
36.7
10.0
-11.6
-16.7
7.4
15.1
-31.6
-5.5
10.2
-18.0
8.0
16.0
-19.0
5.8
14.9
1.7
21.6
19.2
-10.1
-2.6
3.4
11.3
9.3
3.2
16
17
18
81.2
81.2
32.6
32.6
-45.5
-45.5
12.4
12.4
3.5
3.5
-2.1
-2.1
5.0
5.0
6.4
6.4
4.9
4.9
9.6
9.6
5.9
5.9
19
20
14.7
14.7
-8.4
-8.4
15.4
15.4
3.0
3.0
-2.1
-2.1
-6.5
-6.5
1.4
1.4
-0.9
-0.9
-2.3
-2.3
0.8
0.8
-0.1
-0.1
21
22
-353.2
-353.2
-30.2
-30.2
-123.5
-123.5
-74.6
-74.6
-79.2
-79.2
-28.9
-28.9
219.8
219.8
-198.4
-198.4
-309.3
-309.3
236.2
236.2
298.3
298.3
23
24
63.3
63.3
61.9
61.9
65.7
65.7
70.8
70.8
40.4
40.4
106.6
106.6
95.8
95.8
45.8
45.8
-86.5
-86.5
229.9
229.9
-272.6
-272.6
25
26
26.5
26.5
16.6
16.6
22.5
22.5
18.5
18.5
13.3
13.3
-4.6
-4.6
11.4
11.4
-6.7
-6.7
53.3
53.3
-4.5
-4.5
-9.5
-9.5
27
28
21
22
23
24
25
26
27
28
29
30
31
109.3
176.5
17.6
88.6
293.1
15.6
-9.9
269.3
20.2
-11.6
287.0
19.2
54.1
167.0
48.2
80.4
126.3
-17.7
15.0
186.5
-7.5
24.3
226.1
43.0
96.8
129.1
175.1
59.1
218.5
-141.3
39.9
163.7
361.1
29
30
31
32
33
34
109.3
176.5
17.6
88.6
293.1
15.6
-9.9
269.3
20.2
-11.6
287.0
19.2
54.1
167.0
48.2
80.4
126.3
-17.7
15.0
186.5
-7.5
24.3
226.1
43.0
96.8
129.1
175.1
59.1
218.5
-141.3
39.9
163.7
361.1
32
33
34
(1) Reciprocal currency arrangements (swap lines) with foreign central banks.
(2) Includes Uniform Services Retiree Health Care Fund and Postal Service Retiree Health Benefits Fund.
(3) Assets of the household sector.
Flows
64
2009
2010
2011
2012
2012
Q1
Flows
2
3
4
5
Federal government
Rest of the world
6
7
8
9
10
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
11
12
13
14
15
16
17
18
Q2
2013
Q3
Q4
Q1
Q2
823.3
-354.9
618.7
291.3
175.0
-268.3
235.4
266.4
466.4
30.5
-87.1
209.3
114.3
-136.1
32.6
237.7
-50.9
198.4
35.3
99.6
7.6
-67.4
36.3
198.4
5.9
395.2
8.3
-127.5
-20.1
-64.2
12.2
192.6
1.6
2
3
-0.3
-339.3
2.9
-77.4
2.4
259.1
13.6
-139.2
-8.3
3.8
-14.4
-327.7
14.9
237.6
-14.9
-146.2
-18.7
251.4
16.1
-366.2
7.0
275.0
4
5
-0.5
-86.9
489.1
-3.8
1.1
1.5
91.2
-361.2
4.3
14.7
28.3
165.1
26.6
-5.9
-8.3
-27.1
-25.4
262.1
-3.9
1.3
1.5
10.3
-28.5
-2.0
0.3
56.8
171.2
-250.7
-1.1
6.5
-50.5
-105.7
203.0
-5.0
-5.1
-24.6
86.0
40.8
5.2
-1.8
24.3
-110.3
-107.1
-7.2
1.8
61.8
54.9
-53.8
-3.6
12.8
-42.7
-33.3
214.4
0.2
-7.7
6
7
8
9
10
-9.0
46.7
6.5
-2.7
-43.5
61.8
-71.5
-13.8
16.1
-63.9
-59.3
14.9
10.7
-16.2
-8.9
8.5
21.6
-5.8
-23.9
17.0
57.9
-8.7
7.2
62.2
-17.9
5.6
-14.2
-40.0
23.7
-12.3
-150.5
90.5
22.6
-7.7
61.7
-44.9
-7.9
-10.9
21.4
1.4
-16.2
11.4
-14.2
4.0
11
12
13
14
-231.1
-163.8
793.8
183.1
-25.6
-17.7
60.2
-68.2
64.7
-59.8
-36.8
78.8
-76.4
-66.0
224.2
22.7
-123.3
104.2
-23.1
67.6
-235.9
-24.3
-245.6
237.1
-280.8
37.4
791.5
296.1
336.0
-275.7
-136.0
-88.0
-455.1
15
16
17
-908.3
8.9
382.8
280.1
411.1
-18.6
485.9
-114.3
1291.4
533.7
1282.9
18
-619.7
102.9
-152.0
-82.7
176.5
74.7
23.2
20.3
332.7
24.3
205.8
14.8
286.6
14.1
358.4
20.9
480.2
47.2
282.4
33.5
447.7
51.9
19
20
-8.4
-29.4
24.4
32.3
-29.6
-9.8
-0.4
-1.3
14.9
-3.5
75.1
-12.2
10.3
-1.2
-12.5
-0.9
-13.5
0.4
20.8
3.1
22.0
-20.2
21
22
-562.4
90.5
273.3
3.0
91.1
-51.8
215.8
-329.5
529.9
-424.4
248.5
23
0.5
85.4
364.3
-1.0
-0.7
49.6
7.3
-115.8
-4.5
0.6
18.0
-83.7
4.9
4.5
41.3
43.1
-55.0
222.7
0.8
-12.8
63.4
-20.4
-17.3
0.2
0.7
60.5
109.6
-157.4
0.1
-5.0
69.0
114.1
101.4
16.0
7.5
60.7
-41.2
-0.7
-10.4
-3.3
63.1
-264.1
-12.4
-5.0
3.7
79.9
0.3
67.5
1.8
-8.7
57.1
242.6
121.5
24.1
55.7
24
25
26
27
28
28.5
1.9
-18.4
-18.9
37.1
-8.5
-1.7
12.3
16.1
47.1
44.1
8.8
35.8
-2.8
0.3
-61.7
-50.1
-6.0
36.9
20.5
1.8
46.8
12.4
3.8
121.3
5.9
1.7
-130.4
-25.4
-16.5
-23.9
28.3
18.6
29
30
31
32
33
-33.9
3.2
-8.3
-5.1
-3.4
-12.0
-0.8
2.9
6.1
-33.1
-47.4
-161.0
-20.6
-61.9
-7.9
18.9
100.2
71.4
-21.3
44.9
15.8
0.0
32
33
34
35
36
Government-sponsored enterprises
Finance companies
REITs
-42.6
-2.8
-0.8
1.2
15.3
-8.5
29.3
-112.2
7.4
-0.1
-1.5
13.3
4.1
-38.7
22.5
6.3
-45.9
22.3
-56.4
-65.0
6.2
14.7
-99.5
34.0
51.8
55.6
27.5
61.3
-51.4
32.8
-0.8
-22.8
45.6
34
35
36
37
38
-275.1
100.1
72.6
82.3
10.6
-33.6
-31.0
-46.2
6.5
-75.6
280.2
-194.8
-110.4
-98.8
-1.3
-177.6
-142.3
168.6
306.5
277.1
-25.1
-4.0
37
38
1731.7
-363.8
235.9
11.2
-236.1
-249.6
-250.6
380.7
-825.0
-503.2
-1370.0
39
19
20
21
22
23
24
25
26
27
28
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
29
30
31
39
Discrepancy
65
2010
2011
2012
2012
Q1
All sectors
Q2
2013
Q3
Q4
Q1
Q2
712.1
-4.2
152.8
-75.4
-223.8
286.7
-457.4
132.7
-857.0
-479.9
-1043.3
-458.3
977.8
-175.4
-125.4
-522.9
287.4
-708.9
397.3
-312.7
152.2
58.1
118.8
-782.9
190.0
-115.1
107.9
-410.9
191.9
-1138.1
68.7
-414.1
108.5
2
3
60.3
70.6
63.7
-61.9
8.6
-58.9
66.6
-19.0
-39.0
-84.7
-90.4
382.5
-41.8
-208.9
-21.1
-436.8
-2.6
-75.5
-5.3
201.9
-3.7
-514.5
4
5
-63.4
150.8
17.3
-91.9
-13.9
-564.9
374.8
311.7
-177.1
277.0
111.8
Financial sectors
125.2
144.0
421.2
280.4
74.3
382.6
11.3
286.1
-382.9
115.9
-331.2
Monetary authority
-0.2
-6.0
-10.0
-1.2
-18.6
-25.7
-23.2
-19.5
-6.1
-2.9
-1.1
9
10
11
12
35.9
-5.1
-0.5
12.0
309.3
1.3
6.2
11.5
332.2
1.5
-0.0
-5.5
183.0
5.1
1.0
-26.2
86.2
3.1
-0.1
5.8
440.8
4.3
-0.9
-13.4
-48.1
1.3
0.7
24.6
318.7
6.1
1.9
13.4
-366.7
0.5
-2.0
-1.3
198.3
8.2
0.1
42.1
-437.5
17.8
2.3
-3.2
9
10
11
12
13
14
-0.8
-59.7
-23.2
-85.6
75.7
-17.7
7.6
-24.3
-19.9
-45.3
-13.4
-35.0
-3.3
-64.3
0.0
-27.6
-62.8
-54.2
5.8
-24.9
-3.9
-14.5
13
14
15
16
Mutual funds
Government-sponsored enterprises
-52.7
107.8
-40.7
37.5
-24.9
44.6
-35.3
67.4
-33.2
54.0
-34.4
126.3
-33.7
47.8
-33.6
-35.0
-31.1
76.9
-19.6
-80.0
-6.5
97.1
15
16
17
18
19
0.0
38.6
-8.4
0.0
17.1
-17.1
0.0
16.2
16.1
0.0
42.0
36.1
0.0
61.8
47.9
0.0
65.1
51.2
0.0
55.4
27.9
0.0
84.1
40.3
0.0
42.4
72.0
0.0
16.5
40.6
0.0
0.5
76.3
17
18
19
20
21
72.3
-13.7
-57.2
-9.1
-6.6
-0.3
26.9
-1.5
-65.5
-1.7
-180.7
-1.5
28.1
-1.7
-61.3
-1.4
-48.2
-2.2
-65.8
-2.3
-56.7
-1.8
20
21
2
3
Household sector
Nonfinancial corporate business
4
5
6
7
8
All types
712.1
-4.2
152.8
-75.4
-223.8
286.7
-457.4
132.7
-857.0
-479.9
-1043.3
2
3
Treasury currency
Foreign deposits
-0.8
-330.4
-4.4
-122.5
-1.1
-26.6
-0.7
25.2
-0.6
-7.3
-0.8
6.1
-0.5
-30.8
-0.5
105.5
-0.5
-109.9
-0.9
7.6
-0.7
333.0
2
3
4
5
60.7
-594.0
29.1
465.8
22.1
-80.3
20.3
-120.0
6.6
-61.4
188.1
289.6
-136.0
-182.6
26.5
-340.9
-52.1
-11.8
330.4
-453.3
-82.0
-140.9
4
5
6
7
8
9
Mail floats
State and local governments
Federal government
Private domestic
-5.2
0.0
-3.3
-2.0
-0.3
0.0
0.7
-1.0
-1.1
0.0
0.0
-1.1
0.8
0.0
-0.1
0.9
1.3
0.0
0.6
0.7
-46.2
0.0
-45.9
-0.3
98.6
0.0
98.8
-0.3
3.8
0.0
3.8
0.0
-51.0
0.0
-54.2
3.2
-49.8
0.0
-44.3
-5.5
98.6
0.0
96.2
2.4
6
7
8
9
10
11
Trade credit
Taxes payable
21.5
-67.3
102.5
-33.4
60.3
-8.4
-59.1
-2.4
61.3
-0.1
58.1
-16.9
23.5
35.6
39.6
8.8
124.0
-27.8
9.1
30.0
-18.3
-12.4
10
11
12
Miscellaneous
1731.7
-363.8
235.9
11.2
-236.1
-249.6
-250.6
380.7
-825.0
-503.2
-1370.0
12
13
Nonfinancial
-103.8
-77.2
-48.0
49.2
12.4
58.4
-14.7
-91.0
97.1
150.3
149.5
13
99.0
4.8
72.2
5.0
43.1
4.9
-53.6
4.4
-17.0
4.6
-63.0
4.6
10.1
4.6
86.4
4.6
-101.7
4.7
-155.6
5.3
-154.8
5.3
14
15
14
15
Flows
2008
66
1
2
3
4
5
6
Levels
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
46616.5
49274.3
53762.3
55013.7
59304.6
56855.2
56564.6
58277.3
59304.6
61179.5
61853.3
8043.5
7969.8
7924.7
8572.4
8997.8
8594.4
8605.0
8658.3
8997.8
8999.6
9025.5
56.9
364.9
6115.0
1506.8
50.2
400.6
6278.1
1240.8
49.7
425.2
6395.8
1054.1
46.9
749.2
6749.9
1026.4
45.1
820.8
7114.3
1017.6
46.0
720.0
6863.3
965.1
44.3
703.2
6922.2
935.3
46.4
698.9
6957.9
955.1
45.1
820.8
7114.3
1017.6
46.5
817.7
7172.2
963.1
51.8
793.1
7203.4
977.1
3
4
5
6
5158.7
5589.0
5847.6
5467.4
5575.2
5414.7
5447.1
5482.2
5575.2
5535.8
5505.7
8
9
10
11
12
6.0
193.7
194.0
-0.3
1050.2
22.7
868.5
191.2
677.3
347.1
21.1
1220.9
187.9
1033.0
264.2
19.4
828.2
185.2
643.0
227.0
19.0
1108.9
182.4
926.5
75.1
19.9
944.2
184.7
759.4
139.2
19.2
990.8
184.3
806.4
144.8
19.1
1010.4
183.6
826.8
116.6
19.0
1108.9
182.4
926.5
75.1
20.0
1162.6
181.7
980.9
14.0
15.4
1192.8
180.9
1012.0
32.4
8
9
10
11
12
13
14
15
16
17
Municipal securities
Corporate and foreign bonds
Other loans and advances (2)
Mortgages
Consumer credit (student loans)
1720.9
1952.7
29.7
110.9
94.6
1827.9
2299.2
26.8
108.0
88.8
1871.7
2270.8
26.2
94.2
78.4
1806.8
2399.6
23.4
91.0
72.0
1657.0
2556.6
20.9
70.5
67.1
1780.8
2347.0
26.5
85.7
71.4
1774.4
2343.3
23.2
80.4
70.9
1709.0
2460.8
23.1
75.6
67.5
1657.0
2556.6
20.9
70.5
67.1
1662.6
2522.5
22.7
66.5
65.0
1647.1
2472.0
20.4
61.7
63.8
13
14
15
16
17
5923.7
3313.7
7487.4
4119.9
8990.2
4598.3
9045.8
4452.3
10322.0
5315.9
9771.5
4979.4
9503.3
4864.5
10214.4
5155.1
10322.0
5315.9
11250.8
5786.1
11461.7
5864.7
18
19
742.7
1049.8
14061.8
3490.1
10571.6
668.6
1109.2
15205.4
3226.4
11979.0
694.3
1137.2
16745.0
3517.2
13227.8
752.4
1203.6
17115.2
3843.0
13272.2
776.0
1186.1
18075.1
3717.5
14357.6
762.3
1199.4
17641.6
3585.2
14056.4
777.7
1172.6
17588.7
3768.0
13820.7
780.2
1180.6
17928.7
3639.7
14289.0
776.0
1186.1
18075.1
3717.5
14357.6
782.6
1194.5
18560.9
3456.0
15104.9
820.3
1197.7
18736.6
3540.5
15196.1
20
21
22
23
24
7556.4
766.3
6324.1
800.9
7019.1
805.9
7528.4
876.1
8186.3
870.2
7625.1
866.9
7744.5
861.2
8018.4
859.4
8186.3
870.2
8205.9
863.2
8373.8
867.4
25
26
14234.4
14011.7
13773.9
13568.3
13598.0
13527.2
13546.7
13474.8
13598.0
13547.0
13548.4
27
13805.8
13533.9
13196.8
13017.0
12979.7
12943.5
12983.7
12886.7
12979.7
12925.1
12932.5
28
10534.4
2651.4
259.5
10377.0
2553.5
265.4
9906.2
2648.1
263.2
9677.8
2757.2
255.5
9436.3
2924.3
241.0
9593.9
2749.1
253.8
9536.8
2799.0
249.5
9448.7
2859.3
245.6
9436.3
2924.3
241.0
9386.6
2924.4
239.4
9344.8
2966.2
235.7
29
30
31
26.4
133.2
200.9
10.2
133.7
194.1
61.0
136.1
182.2
12.4
138.1
176.1
66.3
139.3
172.5
34.8
137.8
174.2
88.0
137.6
172.9
23.1
138.3
171.7
66.3
139.3
172.5
63.1
140.1
171.6
73.0
140.3
172.5
32
33
34
164.8
236.7
27.0
203.0
252.7
22.1
278.2
274.1
24.7
238.9
288.2
24.3
303.7
289.7
24.9
267.7
289.8
26.2
244.5
290.5
28.0
269.1
290.5
28.4
303.7
289.7
24.9
307.9
288.1
25.9
302.6
285.7
27.6
35
36
37
18
19
20
21
22
23
24
Security credit
Life insurance reserves
Pension entitlements (4)
Claims of pension fund on sponsor
Funded pension entitlements
25
26
27
28
Total liabilities
Credit market instruments
29
30
31
32
33
34
35
36
37
Security credit
Trade payables
Deferred and unpaid life insurance premiums
(1) Sector includes domestic hedge funds, private equity funds, and personal trusts. Supplementary tables (tables F.100.a and L.100.a) show estimates of annual flows and year-end
outstandings of nonprofit organizations.
(2) Syndicated loans to nonfinancial corporate business by nonprofits and domestic hedge funds.
(3) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 18) and life insurance and pension reserves (lines 20 and 21).
(4) Includes public and private defined benefit and defined contribution pension plans and annuities, including those in IRAs, at life insurance companies. Excludes social security.
(5) Includes loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table L.218, line 23.
(6) Includes loans extended by the Federal Reserve to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF), shown on table L.108, line 19.
67
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
16630.0
16909.9
17761.5
18289.4
19314.0
18515.3
18710.1
19015.7
19314.0
19564.6
19828.6
2
3
4
5
6
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
Security RPs
24.7
533.6
740.0
802.4
7.2
31.5
689.3
842.1
729.2
7.9
40.6
766.1
905.0
574.7
12.1
34.8
798.5
923.4
540.1
12.6
13.3
906.4
949.5
536.9
10.4
21.8
817.7
934.6
523.0
14.0
10.4
852.3
930.4
511.4
13.9
9.9
887.4
940.3
518.6
11.2
13.3
906.4
949.5
536.9
10.4
28.7
952.7
959.3
527.6
10.0
39.5
934.2
965.2
516.7
11.8
2
3
4
5
6
309.5
312.9
325.9
321.7
332.4
312.4
322.1
335.7
332.4
292.5
309.6
8
9
10
11
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
57.3
82.3
10.2
31.1
56.0
89.1
14.3
32.2
68.0
96.1
16.0
29.6
68.0
91.8
14.4
28.2
60.5
99.6
11.8
40.5
58.5
90.4
13.9
31.5
58.0
100.5
14.7
30.6
60.4
105.1
16.2
35.0
60.5
99.6
11.8
40.5
57.2
91.1
3.9
26.7
57.4
97.8
6.0
34.4
8
9
10
11
12
13
Mortgages
Consumer credit
72.8
56.0
67.5
53.8
70.1
46.2
70.7
48.5
71.4
48.5
70.8
47.2
71.0
47.3
71.1
47.8
71.4
48.5
71.6
42.0
72.0
42.0
12
13
14
15
106.3
2607.6
162.0
2550.2
186.8
2689.2
165.9
2777.6
181.7
2873.5
180.8
2875.8
174.3
2952.6
180.1
2964.7
181.7
2873.5
190.4
2979.0
190.1
3034.6
14
15
16
Miscellaneous assets
11498.7
11584.8
12261.1
12714.9
13509.9
12835.2
12942.7
13167.6
13509.9
13624.4
13826.9
16
17
18
Total liabilities
Credit market instruments
19019.5
18634.6
18898.8
19184.3
19791.8
19281.1
19386.8
19575.0
19791.8
19881.2
20059.7
17
11666.5
11326.7
11419.6
11962.5
12726.5
12084.4
12233.6
12445.8
12726.5
12871.8
13106.6
18
19
20
21
Commercial paper
Municipal securities
Corporate bonds
131.5
415.0
3954.5
58.4
452.2
4366.2
82.9
485.4
4804.8
116.3
493.9
5215.6
130.3
509.1
5795.2
127.6
495.2
5346.4
132.1
505.3
5452.9
136.0
504.1
5599.7
130.3
509.1
5795.2
140.1
510.4
5937.7
147.2
515.0
6077.4
19
20
21
22
23
24
1826.1
1561.4
3778.0
1490.1
1311.1
3648.8
1404.6
1118.9
3523.0
1530.2
1179.3
3427.1
1680.1
1220.4
3391.3
1550.9
1165.2
3399.0
1597.7
1161.2
3384.5
1622.6
1209.4
3374.0
1680.1
1220.4
3391.3
1680.9
1222.8
3379.9
1714.2
1246.0
3406.8
22
23
24
25
26
Trade payables
Taxes payable
2053.4
145.1
1987.6
135.6
2174.2
142.0
2201.2
152.0
2322.0
158.6
2228.4
162.6
2275.1
160.1
2303.5
161.0
2322.0
158.6
2352.4
165.5
2358.8
160.3
25
26
27
Miscellaneous liabilities
5154.5
5184.6
5163.0
4868.6
4584.6
4805.7
4718.0
4664.6
4584.6
4491.5
4433.9
27
(1) Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
Levels
2008
68
Levels
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
12936.9
13333.8
14033.7
14542.3
15501.1
14757.9
14940.5
15231.1
15501.1
15736.5
15975.9
2
3
4
5
6
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
Security RPs
24.7
14.2
381.9
727.0
7.2
31.5
155.0
488.8
655.5
7.9
40.6
234.6
548.7
497.8
12.1
34.8
269.0
563.0
462.4
12.6
13.3
363.4
584.9
458.3
10.4
21.8
285.7
573.8
445.2
14.0
10.4
317.6
568.9
433.5
13.9
9.9
349.4
577.9
440.5
11.2
13.3
363.4
584.9
458.3
10.4
28.7
407.7
593.3
448.6
10.0
39.5
385.8
596.8
437.2
11.8
2
3
4
5
6
213.7
223.7
230.1
224.8
234.3
215.4
224.9
238.2
234.3
194.1
210.6
8
9
10
11
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
57.3
30.5
10.2
26.2
56.0
43.0
14.3
27.1
68.0
48.0
16.0
23.9
68.0
43.2
14.4
22.5
60.5
50.4
11.8
34.8
58.5
41.7
13.9
25.8
58.0
51.7
14.7
24.9
60.4
56.2
16.2
29.2
60.5
50.4
11.8
34.8
57.2
41.7
3.9
20.9
57.4
48.1
6.0
28.5
8
9
10
11
12
13
Mortgages
Consumer credit
33.6
56.0
29.5
53.8
28.0
46.2
28.2
48.5
28.4
48.5
28.2
47.2
28.3
47.3
28.3
47.8
28.4
48.5
28.4
42.0
28.5
42.0
12
13
14
15
106.3
2084.9
162.0
2053.9
186.8
2155.8
165.9
2238.0
181.7
2327.5
180.8
2335.5
174.3
2411.4
180.1
2422.1
181.7
2327.5
190.4
2430.9
190.1
2483.0
14
15
16
17
18
19
20
21
Miscellaneous assets
U.S. direct investment abroad (1)
Insurance receivables
Equity in GSEs
Investment in finance company subs.
Other
9376.9
3011.1
311.1
0.4
80.5
5973.8
9555.5
3245.1
307.1
0.5
71.2
5931.6
10127.0
3402.9
319.0
0.6
60.7
6343.8
10571.9
3795.6
329.0
0.5
69.1
6377.6
11327.3
4136.4
336.5
0.6
68.7
6785.1
10685.8
3883.8
327.6
0.7
66.3
6407.4
10785.8
3941.5
329.6
0.6
63.7
6450.4
11001.8
4095.5
331.1
0.6
63.5
6511.1
11327.3
4136.4
336.5
0.6
68.7
6785.1
11432.7
4170.2
335.8
0.6
67.7
6858.3
11621.2
4237.3
338.2
0.6
68.6
6976.5
16
17
18
19
20
21
13225.1
12904.6
13227.9
13443.1
13974.8
13526.2
13616.7
13787.5
13974.8
14049.9
14191.8
22
22
Total liabilities
23
7573.3
7342.2
7473.3
7991.0
8686.9
8107.3
8241.8
8438.7
8686.9
8825.9
9026.7
23
24
25
26
Commercial paper
Municipal securities (2)
Corporate bonds (1)
131.5
415.0
3954.5
58.4
452.2
4366.2
82.9
485.4
4804.8
116.3
493.9
5215.6
130.3
509.1
5795.2
127.6
495.2
5346.4
132.1
505.3
5452.9
136.0
504.1
5599.7
130.3
509.1
5795.2
140.1
510.4
5937.7
147.2
515.0
6077.4
24
25
26
27
28
29
780.1
1384.0
908.2
546.0
1139.1
780.3
480.9
948.3
671.0
549.8
1008.1
607.3
609.5
1039.8
603.0
542.4
992.5
603.2
566.2
986.7
598.7
574.7
1032.4
591.7
609.5
1039.8
603.0
605.4
1042.3
590.0
621.5
1065.3
600.2
27
28
29
30
31
Trade payables
Taxes payable
1672.7
39.0
1590.2
35.7
1746.5
42.9
1765.4
51.7
1888.0
57.0
1794.0
62.0
1841.9
59.4
1870.6
60.0
1888.0
57.0
1913.6
63.4
1918.6
57.5
30
31
32
33
34
35
36
Miscellaneous liabilities
Foreign direct investment in U.S.
Pension fund contributions payable
Claims of pension fund on sponsor
Other
3940.2
2050.3
84.0
678.0
1127.8
3936.5
1986.4
75.6
497.2
1377.2
3965.2
2128.7
91.1
446.1
1299.4
3635.0
2313.3
94.0
486.8
740.9
3342.9
2474.4
92.0
440.3
336.3
3562.9
2355.7
92.4
404.7
710.0
3473.7
2413.5
92.8
450.3
517.1
3418.2
2460.9
92.5
388.2
476.5
3342.9
2474.4
92.0
440.3
336.3
3246.9
2486.0
92.1
349.9
318.9
3188.9
2513.7
92.1
335.8
247.3
32
33
34
35
36
412.2
10016.6
463.7
12512.2
409.3
14370.7
472.6
14500.3
439.5
16118.8
541.5
15817.2
569.5
15367.3
551.4
16330.5
439.5
16118.8
517.3
17829.2
564.4
18077.9
37
38
Memo:
37
38
39
40
5277.7
2295.6
5598.6
1743.6
5961.2
1512.1
6316.8
1674.2
6907.3
1779.7
6444.8
1662.5
6556.9
1684.9
6695.5
1743.2
6907.3
1779.7
7038.1
1787.8
7192.6
1834.1
39
40
41
42
4007.3
1385.4
3369.5
1641.1
3301.5
1676.7
3491.3
1655.7
3724.6
1769.4
3518.5
1661.1
3586.2
1667.8
3673.8
1731.2
3724.6
1769.4
3764.9
1802.4
3810.2
1801.2
41
42
43
44
69.7
30.3
76.3
23.7
79.8
20.2
79.0
21.0
79.5
20.5
79.5
20.5
79.6
20.4
79.3
20.7
79.5
20.5
79.7
20.3
79.7
20.3
43
44
45
34.6
48.7
50.8
47.4
47.5
47.2
46.5
47.1
47.5
47.9
47.3
45
(1) Through 1992:Q4, corporate bonds include net issues by Netherlands Antillean financial subsidiaries, and U.S. direct investment abroad excludes net inflows from those bond issues.
(2) Industrial revenue bonds. Issued by state and local governments to finance private investment and secured in interest and principal by the industrial user of the funds.
(3) Loans from rest of the world, U.S. government, and nonbank financial institutions. Detail can be found on table L.216.
(4) Sum of lines 24, 27, 28, 30, and 31. Includes loans due in more than one year and excludes current maturities of bonds and mortgages.
(5) Sum of lines 2 through 6, lines 8 through 11, and line 14.
69
2
3
4
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Treasury securities
Municipal securities
Mortgages
Consumer credit
Trade receivables
Miscellaneous assets
Insurance receivables
Equity investment in GSEs (1)
Other
Total liabilities
Credit market instruments
Depository institution loans n.e.c.
Other loans and advances
Mortgages
Trade payables
Taxes payable
Miscellaneous liabilities
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
3693.1
3576.1
3727.8
3747.1
3812.9
3757.4
3769.5
3784.5
3812.9
3828.1
3852.7
519.4
358.1
75.4
534.3
353.3
73.7
531.5
356.2
76.8
529.5
360.4
77.7
543.0
364.7
78.6
532.0
360.9
77.8
534.8
361.5
78.0
538.0
362.5
78.2
543.0
364.7
78.6
545.0
366.0
78.9
548.4
368.4
79.5
2
3
4
95.8
89.1
95.8
96.9
98.0
97.0
97.2
97.4
98.0
98.4
99.0
51.8
4.9
39.1
0.0
46.1
5.1
37.9
0.0
48.1
5.6
42.1
0.0
48.6
5.7
42.6
0.0
49.2
5.8
43.1
0.0
48.7
5.7
42.6
0.0
48.8
5.7
42.7
0.0
48.9
5.7
42.8
0.0
49.2
5.8
43.1
0.0
49.4
5.8
43.2
0.0
49.7
5.8
43.5
0.0
6
7
8
9
522.7
2121.8
111.5
6.4
2003.9
496.3
2029.3
101.7
6.3
1921.3
533.4
2134.1
131.4
6.7
1996.0
539.6
2143.1
119.8
7.0
2016.3
546.0
2182.5
134.9
7.2
2040.5
540.3
2149.4
122.4
7.1
2020.0
541.3
2156.8
126.4
7.0
2023.5
542.7
2165.9
130.1
7.1
2028.7
546.0
2182.5
134.9
7.2
2040.5
548.0
2191.7
135.7
7.1
2048.9
551.6
2205.8
136.5
7.4
2061.9
10
11
12
13
14
5794.4
5730.0
5670.9
5741.2
5817.0
5754.9
5770.0
5787.5
5817.0
5831.3
5867.9
15
4093.2
3984.5
3946.3
3971.4
4039.6
3977.1
3991.7
4007.2
4039.6
4045.9
4080.0
16
1046.1
177.3
2869.9
944.0
172.0
2868.5
923.7
170.6
2852.0
980.4
171.2
2819.9
1070.6
180.6
2788.4
1008.5
172.8
2795.8
1031.5
174.5
2785.7
1047.8
177.0
2782.3
1070.6
180.6
2788.4
1075.4
180.6
2789.9
1092.6
180.7
2806.6
17
18
19
380.6
106.2
1214.3
397.4
99.9
1248.1
427.7
99.2
1197.7
435.8
100.4
1233.6
434.1
101.6
1241.7
434.4
100.5
1242.8
433.2
100.7
1244.3
432.9
101.0
1246.5
434.1
101.6
1241.7
438.7
102.0
1244.6
440.2
102.8
1245.0
20
21
22
Levels
2008
70
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2618.6
2661.9
2741.9
2685.0
2650.4
2693.6
2693.2
2686.8
2650.4
2677.0
2674.0
79.9
238.9
99.1
248.1
104.6
241.3
121.3
255.7
117.7
289.8
118.9
273.9
116.9
269.3
111.5
282.3
117.7
289.8
115.1
295.2
112.5
294.5
2
3
4
5
126.1
130.1
135.9
125.9
149.6
124.5
149.2
117.6
140.7
111.0
146.9
115.9
146.6
115.6
145.2
114.5
140.7
111.0
141.5
111.6
141.0
111.2
4
5
1561.4
1524.1
1584.8
1504.0
1437.9
1484.4
1490.8
1474.2
1437.9
1440.4
1432.6
127.9
602.4
479.7
88.8
585.1
489.5
101.7
591.9
511.8
90.6
545.4
497.8
85.5
533.6
469.6
89.3
540.2
490.4
89.1
548.6
489.3
88.2
541.3
484.5
85.5
533.6
469.6
86.0
531.0
472.3
85.7
526.6
470.5
7
8
9
Municipal securities
Corporate and foreign bonds
Mortgages
10.4
153.2
187.8
11.5
156.5
192.8
12.8
163.9
202.7
12.9
159.5
197.8
12.1
150.5
186.6
12.7
157.2
194.8
12.6
156.8
194.4
12.5
155.3
192.4
12.1
150.5
186.6
12.2
151.4
187.6
12.1
150.8
186.9
10
11
12
91.1
36.3
111.8
48.4
126.0
58.3
122.7
58.0
129.7
61.7
131.9
62.8
128.7
61.1
132.6
63.1
129.7
61.7
138.6
66.2
140.2
67.0
13
14
143.7
117.9
93.1
139.1
111.1
118.4
152.2
104.7
95.9
154.1
110.0
92.4
162.5
112.3
87.2
156.0
111.9
91.0
159.3
114.1
90.8
161.2
112.3
90.0
162.5
112.3
87.2
164.7
116.0
87.7
165.1
122.5
87.4
15
16
17
4723.3
4730.6
5055.8
5307.8
5214.0
5104.1
5242.2
5175.2
5214.0
5056.9
5047.5
18
10
11
12
Levels
2010
2
3
7
8
9
2009
13
14
Corporate equities
Mutual fund shares
15
16
17
Trade receivables
Taxes receivable
Miscellaneous assets
18
Total liabilities
19
2855.4
2968.4
3038.0
2985.3
2980.0
2986.3
2993.3
2985.3
2980.0
2994.8
2986.4
19
20
21
22
23
Municipal securities
Short-term (2)
Long-term
U.S. government loans
2842.7
55.8
2786.9
12.7
2954.9
63.6
2891.3
13.5
3023.6
63.0
2960.6
14.4
2970.0
52.3
2917.6
15.3
2964.3
56.1
2908.2
15.7
2970.9
51.9
2919.0
15.4
2977.7
43.4
2934.3
15.7
2969.7
55.7
2914.0
15.6
2964.3
56.1
2908.2
15.7
2978.9
54.5
2924.4
16.0
2970.4
39.4
2931.0
16.0
20
21
22
23
591.6
1276.3
630.5
1131.7
669.0
1348.9
707.4
1615.1
746.5
1487.5
717.1
1400.7
726.9
1521.9
736.7
1453.2
746.5
1487.5
756.3
1305.8
766.1
1295.1
24
25
24
25
Trade payables
Claims of pension fund on sponsor (3)
(1) Data for employee retirement funds are shown in table L.118.
(2) Debt with original maturity of 13 months or less.
(3) Included in miscellaneous liabilities.
71
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1292.4
1387.1
1612.3
1407.5
1505.9
1368.4
1443.3
1480.6
1505.9
1535.4
1604.3
2
3
4
41.9
368.0
1.6
94.6
193.6
1.9
95.4
342.1
2.0
103.9
84.3
1.7
102.8
92.0
2.0
104.5
42.0
2.0
103.1
89.3
2.2
104.7
83.4
2.1
102.8
92.0
2.0
99.0
79.4
1.6
98.2
135.2
1.8
2
3
4
397.2
706.3
794.3
816.2
918.4
828.1
857.2
898.6
918.4
965.5
980.7
54.4
0.0
111.8
95.8
135.1
196.4
0.6
177.9
108.4
223.1
149.2
0.9
181.4
106.6
356.2
31.1
0.8
186.3
110.6
487.4
0.0
0.6
188.7
112.3
616.8
1.5
0.8
189.3
111.7
524.9
0.0
0.8
191.4
112.2
552.9
0.0
0.7
189.4
112.0
596.6
0.0
0.6
188.7
112.3
616.8
0.0
0.6
192.2
113.2
659.5
0.0
0.6
192.4
113.2
674.6
6
7
8
9
10
188.7
64.7
119.4
110.8
67.4
43.6
133.9
145.8
49.9
42.9
144.3
141.4
57.8
47.7
152.8
143.1
39.9
50.6
158.1
142.0
48.2
49.0
154.2
140.5
43.6
50.6
155.5
141.9
41.2
51.9
156.8
141.9
39.9
50.6
158.1
142.0
38.6
49.1
159.5
142.7
37.9
49.8
160.8
139.8
11
12
13
14
9424.3
11003.5
12802.1
13988.2
15238.9
14417.2
14642.4
14895.9
15238.9
15604.3
15613.6
15
7.5
2.2
26.6
55.4
5.2
26.2
54.4
5.2
25.9
54.2
5.2
25.9
54.3
5.2
25.9
54.7
5.2
25.9
53.6
5.2
25.9
54.5
5.2
25.9
54.3
5.2
25.9
52.9
5.2
25.9
53.1
5.2
25.9
16
17
18
6361.5
7805.4
9385.6
10453.6
11593.7
10851.9
11050.1
11279.9
11593.7
11930.1
11912.9
19
194.0
1861.2
4283.0
23.3
0.0
191.2
1787.9
5802.8
23.5
0.0
187.9
1768.9
7404.7
24.2
0.0
185.2
1519.5
8723.7
25.3
0.0
182.4
1626.5
9760.0
24.9
0.0
184.7
1672.6
8970.1
24.4
0.0
184.3
1594.4
9246.9
24.5
0.0
183.6
1613.0
9458.9
24.4
0.0
182.4
1626.5
9760.0
24.9
0.0
181.7
1788.2
9935.6
24.6
0.0
180.9
1568.1
10139.0
25.0
0.0
20
21
22
23
24
260.8
46.4
204.6
47.5
210.9
48.4
220.2
49.7
228.5
50.0
229.2
49.8
232.1
50.2
234.5
50.1
228.5
50.0
237.9
50.1
244.5
50.2
25
26
2719.3
1015.3
1535.8
168.2
2859.2
1077.2
1597.6
184.4
3071.6
1142.9
1722.2
206.5
3179.4
1213.7
1741.1
224.6
3281.2
1254.1
1789.6
237.5
3200.5
1197.2
1779.9
223.4
3225.4
1203.5
1795.7
226.1
3245.8
1223.3
1798.2
224.3
3281.2
1254.1
1789.6
237.5
3302.1
1265.5
1800.3
236.3
3321.8
1178.4
1909.6
233.8
27
28
29
30
6
7
8
9
10
11
12
13
14
15
2009
16
17
18
SDR allocations
SDR certificates
Treasury currency
19
20
21
22
23
24
Savings bonds
Treasury bills
Other Treasury securities
Budget agency securities
Multifamily residential mortgages
25
26
Trade payables
Insurance reserves
27
28
29
30
Miscellaneous liabilities
Nonmarketable securities held by pension plans (3)
Claims of pension fund on sponsor
Other
(1) Includes loans originated by the Department of Education under the Federal Direct Loan Program, as well as Federal Family Education Loan Program loans that
the government purchased from depository institutions and finance companies.
(2) Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at market price.
(3) Nonmarketable government securities held by the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military
retirement fund, and foreign service retirement and disability fund.
Levels
2008
72
Levels
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
15239.6
15806.9
17438.7
18953.8
20489.7
19738.7
19781.9
20359.7
20489.7
21231.5
21437.0
2
3
4
SDR allocations
Net interbank assets
U.S. checkable deposits and currency
7.5
464.5
370.1
55.4
194.0
361.0
54.4
145.9
390.5
54.2
367.0
472.3
54.3
215.7
540.4
54.7
391.8
486.9
53.6
419.3
496.2
54.5
373.7
519.4
54.3
215.7
540.4
52.9
321.0
543.1
53.1
588.4
551.5
2
3
4
5
6
7
273.1
69.7
114.9
230.0
76.9
31.0
246.9
69.8
-96.1
280.0
79.5
-44.9
326.4
114.5
-84.8
271.5
91.6
-78.8
285.2
107.6
-115.9
297.1
110.8
-95.1
326.4
114.5
-84.8
309.0
116.8
-11.4
312.2
117.4
-1.5
5
6
7
7523.7
7723.4
8491.8
9029.7
9608.7
9176.8
9232.3
9500.4
9608.7
9738.9
9519.4
232.9
191.5
191.0
191.7
195.2
203.3
188.9
190.2
195.2
203.9
199.6
10
11
12
Treasury securities
Official
Private
3253.0
2400.5
852.5
3670.6
2879.6
791.0
4458.8
3364.8
1094.1
5006.9
3620.6
1386.3
5573.8
4032.2
1541.6
5147.6
3722.6
1425.1
5313.5
3857.9
1455.6
5475.4
3958.1
1517.3
5573.8
4032.2
1541.6
5721.8
4090.7
1631.1
5600.6
4009.2
1591.4
10
11
12
13
14
15
1406.9
940.5
466.4
1154.9
749.0
405.9
1084.0
661.2
422.8
1080.6
639.2
441.4
1004.7
511.1
493.6
1060.4
614.2
446.2
1020.3
565.1
455.2
1028.5
548.3
480.1
1004.7
511.1
493.6
940.3
487.0
453.4
875.5
468.9
406.6
13
14
15
16
17
18
Municipal securities
U.S. corporate bonds (1)
Loans to U.S. corporate business
51.0
2353.5
226.4
58.7
2465.3
182.5
71.7
2524.0
162.3
70.3
2484.0
196.1
65.4
2623.4
146.2
71.6
2522.3
171.6
70.1
2473.5
166.0
72.7
2572.6
161.1
65.4
2623.4
146.2
63.7
2663.9
145.3
59.2
2631.6
152.9
16
17
18
19
20
21
22
1807.1
255.6
90.1
0.0
2476.7
364.1
96.7
0.0
2962.2
513.8
116.4
0.0
3035.3
735.6
134.2
0.0
3480.8
959.2
145.6
0.0
3425.7
847.8
138.1
0.0
3262.1
901.4
140.2
0.0
3455.0
928.6
146.8
0.0
3480.8
959.2
145.6
0.0
3919.4
979.1
149.2
0.0
4032.1
983.5
152.2
0.0
19
20
21
22
23
24
25
Miscellaneous assets
Foreign direct investment in U.S. (2)
Other
4263.3
2397.4
1865.9
4197.7
2398.2
1799.5
4543.1
2623.6
1919.5
4811.0
2879.5
1931.5
5128.8
3057.3
2071.5
4932.5
2913.8
2018.7
5000.0
2976.8
2023.2
5068.6
3029.3
2039.3
5128.8
3057.3
2071.5
5113.4
3074.6
2038.7
5128.7
3110.9
2017.8
23
24
25
8844.2
9126.0
9810.5
10228.3
10732.6
10294.4
10237.8
10614.7
10732.6
10875.7
10927.3
26
66.6
946.7
119.7
835.9
121.4
826.6
129.6
780.3
127.5
750.1
129.8
765.0
128.1
737.1
130.3
772.3
127.5
750.1
122.5
774.3
121.4
861.9
27
28
1708.8
2090.3
2267.2
2452.9
2712.0
2503.4
2496.5
2615.9
2712.0
2791.5
2722.2
29
342.0
1237.3
401.3
1570.3
398.6
1731.3
345.1
1939.9
373.0
2140.7
362.6
1960.5
357.4
1946.5
366.7
2052.0
373.0
2140.7
407.4
2174.6
417.4
2088.8
30
31
107.9
2.6
33.0
72.4
21.6
96.8
3.2
27.9
65.8
21.9
115.1
4.3
39.7
71.2
22.1
144.3
2.6
51.0
90.7
23.5
165.5
2.0
49.2
114.4
32.8
153.6
2.5
51.6
99.5
26.7
164.8
2.2
54.4
108.3
27.8
167.0
2.1
50.8
114.2
30.2
165.5
2.0
49.2
114.4
32.8
176.8
2.6
55.5
118.7
32.7
183.2
2.7
58.4
122.1
32.8
32
33
34
35
36
63.2
0.0
69.3
0.0
95.1
0.0
63.0
0.0
69.3
0.0
66.9
0.0
68.0
0.0
67.4
0.0
69.3
0.0
68.2
0.0
69.5
0.0
37
38
6059.0
48.3
554.2
3748.5
101.5
1606.4
6010.7
50.0
10.9
4077.4
125.1
1747.3
6500.2
52.3
0.8
4273.6
135.6
2037.9
6802.6
54.9
100.5
4663.1
166.3
1817.8
7073.7
57.3
9.5
5077.8
114.7
1814.4
6829.3
55.2
47.2
4759.1
185.6
1782.3
6808.2
57.0
28.7
4826.4
166.1
1730.0
7028.7
57.2
13.3
4983.4
154.0
1820.9
7073.7
57.3
9.5
5077.8
114.7
1814.4
7119.2
57.3
8.6
5123.8
137.2
1792.3
7152.4
59.4
2.3
5200.4
100.7
1789.6
39
40
41
42
43
44
2748.4
3995.3
4900.2
4501.4
5390.5
5038.8
4715.8
5107.3
5390.5
5648.7
5621.4
45
26
Total liabilities
27
28
29
30
31
Commercial paper
Bonds
32
33
34
35
36
37
38
Trade payables
Security debt
39
40
41
42
43
44
Miscellaneous liabilities
U.S. equity in IBRD, etc.
Nonofficial foreign currencies
U.S. direct investment abroad (1,2)
Investment by holding companies
Other
Memo:
45
(1) Through 1992:Q4, corporate bonds include net issues by Netherlands Antillean financial subsidiaries; U.S. direct investment abroad excludes net inflows from those bond issues.
(2) Direct investment is valued on a current-cost basis.
(3) Does not include monetary gold.
(4) Includes American Depositary Receipts (ADRs).
73
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
65790.1
67126.4
68038.7
69719.9
73952.2
71941.1
71634.0
72921.1
73952.2
75908.0
76771.3
35.7
2.2
38.7
85.6
1475.9
36.2
5.2
42.7
97.1
1126.4
37.0
5.2
43.5
105.9
1019.6
36.8
5.2
44.2
42.9
1622.6
35.8
5.2
44.8
43.3
1561.7
36.4
5.2
44.4
40.1
1605.7
36.1
5.2
44.5
33.0
1563.0
36.6
5.2
44.6
40.2
1496.2
35.8
5.2
44.8
43.3
1561.7
34.5
5.2
45.0
48.7
1849.4
34.3
5.2
45.1
37.1
2072.9
2
3
4
5
6
7
8
9
10
378.3
572.4
1252.4
880.1
343.6
716.1
1075.7
824.3
325.6
641.5
907.3
838.0
362.1
594.6
847.4
779.8
373.5
630.4
839.9
985.3
328.3
569.4
808.8
869.9
329.2
558.8
767.0
929.6
332.7
600.8
777.2
991.3
373.5
630.4
839.9
985.3
365.5
622.7
805.0
996.9
367.0
641.4
789.8
945.1
7
8
9
10
11
38548.5
37557.5
36748.5
37778.6
39031.7
38143.5
38242.2
38474.6
39031.7
39414.3
39814.9
11
1175.8
2206.9
5165.3
1703.8
6710.3
779.0
2568.6
5904.6
1742.2
6732.4
675.8
2993.9
5572.8
1786.4
6898.3
599.5
3956.0
5726.4
1801.2
7108.7
592.2
4253.0
5993.4
1939.4
7591.1
623.4
4105.0
5827.7
1823.5
7325.8
606.9
4072.2
5872.5
1844.7
7371.8
599.3
4123.3
5898.1
1890.3
7482.6
592.2
4253.0
5993.4
1939.4
7591.1
634.1
4399.1
6160.3
1963.4
7691.6
632.6
4470.0
6264.0
1968.3
7771.3
12
13
14
15
16
2750.0
2261.3
14209.6
2365.6
2021.7
1711.0
13910.2
2187.8
1954.3
1394.8
13304.9
2167.3
2086.8
1363.6
12987.0
2149.3
2250.6
1469.0
12751.1
2191.9
2101.9
1347.9
12882.7
2105.6
2150.1
1374.9
12821.2
2127.9
2178.0
1424.3
12731.3
2147.4
2250.6
1469.0
12751.1
2191.9
2254.7
1461.1
12692.1
2157.9
2318.1
1522.2
12682.8
2185.7
17
18
19
20
7629.8
1676.0
9942.4
2226.2
11437.0
2515.8
10826.1
2459.1
12472.9
2805.2
12166.7
2726.6
11640.0
2652.0
12367.6
2804.0
12472.9
2805.2
13595.7
3065.6
13738.7
3116.4
21
22
182.2
385.8
144.2
422.6
135.6
520.5
134.8
560.2
133.2
736.4
136.4
613.3
134.4
632.5
135.9
702.2
133.2
736.4
134.1
709.5
132.9
691.2
23
24
130.0
12516.4
132.8
12433.3
141.1
12616.6
148.4
13477.1
172.9
14080.1
167.5
13678.8
169.7
13896.7
172.7
13939.3
172.9
14080.1
175.5
14040.3
176.9
14162.3
25
26
62910.2
63658.2
64401.0
66075.2
69789.4
67909.5
67611.5
68937.3
69789.4
71517.6
72317.0
27
2
3
4
5
6
2009
12
13
14
15
16
17
18
19
20
21
22
Corporate equities
Mutual fund shares
23
24
Trade receivables
Security credit
25
26
27
Total liabilities
28
1922.9
1325.6
1189.3
2016.0
1831.4
2027.5
1999.3
1934.8
1831.4
2253.6
2715.7
28
29
30
31
32
2101.3
7940.9
3757.3
1262.5
2093.4
8316.3
3258.6
1496.9
2359.8
8432.4
2755.4
1276.0
2594.3
8805.2
2642.5
1148.0
2857.8
9312.4
2649.6
1122.9
2520.5
8914.8
2535.5
1194.6
2594.3
8968.0
2467.9
1181.9
2640.4
9080.4
2506.9
1149.0
2857.8
9312.4
2649.6
1122.9
2878.1
9360.1
2554.0
1126.9
2898.4
9418.6
2541.9
1054.7
29
30
31
32
33
17101.1
15688.5
14485.7
14046.3
13912.2
13990.4
13834.5
13952.1
13912.2
13874.0
13902.3
33
1126.3
8143.4
5977.9
678.2
8083.3
5717.5
576.0
7574.0
5321.8
507.9
7552.1
4997.1
449.1
7529.7
4986.4
504.3
7508.5
5046.1
472.6
7517.2
4946.7
454.6
7519.5
5020.2
449.1
7529.7
4986.4
453.8
7566.2
4917.7
426.0
7623.4
4860.0
34
35
36
789.5
900.5
163.5
424.7
617.9
166.9
373.7
473.2
167.1
399.9
413.1
176.2
338.7
416.6
191.8
362.6
390.2
178.8
299.7
413.3
185.0
365.3
404.4
188.0
338.7
416.6
191.8
333.9
409.7
192.8
347.6
452.9
192.5
37
38
39
5388.0
21.2
963.6
6920.7
70.1
888.2
7873.0
18.1
936.6
7870.9
14.3
1073.7
9323.6
14.2
1208.7
8797.4
17.3
1107.8
8653.4
13.5
1165.7
9131.0
13.0
1213.2
9323.6
14.2
1208.7
10087.4
15.4
1184.2
10221.8
15.6
1208.9
40
41
42
34
35
36
37
38
39
40
41
42
43
44
1133.4
14061.8
1194.5
15205.4
1229.9
16745.0
1302.3
17115.2
1309.0
18075.1
1317.1
17641.6
1292.1
17588.7
1303.1
17928.7
1309.0
18075.1
1319.9
18560.9
1324.4
18736.6
43
44
45
46
Taxes payable
Miscellaneous liabilities
-101.1
7357.4
-95.0
7295.1
-88.9
7188.8
-78.0
7524.4
-77.2
8249.5
-78.0
7923.0
-78.0
7930.1
-68.5
8153.2
-77.2
8249.5
-66.1
8369.1
-82.9
8360.8
45
46
2875.4
10.7
3578.1
14.8
4294.5
15.9
4085.9
13.1
4936.0
18.6
4688.0
18.3
4494.6
18.3
4772.9
19.1
4936.0
18.6
5465.4
19.2
5711.3
19.3
47
48
Memo:
47
48
(1) Sum of financial sectors shown on tables L.108 and L.110 through L.130.
Levels
2008
74
6
7
8
Security RPs
10
Levels
2
3
4
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2270.6
2267.2
2453.2
2947.2
2954.9
2886.7
2883.3
2837.6
2954.9
3243.8
3526.3
35.7
2.2
38.7
36.2
5.2
42.7
37.0
5.2
43.5
36.8
5.2
44.2
35.8
5.2
44.8
36.4
5.2
44.4
36.1
5.2
44.5
36.6
5.2
44.6
35.8
5.2
44.8
34.5
5.2
45.0
34.3
5.2
45.1
2
3
4
-1.5
-2.1
-1.4
-0.6
-0.5
-0.7
-0.7
-0.6
-0.5
-0.6
-0.7
559.7
544.0
15.7
96.6
96.6
0.0
0.2
0.2
0.0
0.2
0.2
0.0
0.1
0.1
0.0
0.0
0.0
0.0
0.1
0.1
0.0
0.1
0.1
0.0
0.1
0.1
0.0
0.0
0.0
0.0
0.1
0.1
0.0
6
7
8
80.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
986.0
1987.7
2259.2
2635.6
2670.1
2613.4
2610.9
2565.1
2670.1
2939.8
3214.2
10
11
12
13
14
15
16
17
0.0
475.9
18.4
457.5
19.7
0.0
19.7
0.0
776.6
18.4
758.2
1068.3
908.4
159.9
0.0
1021.5
18.4
1003.1
1139.6
992.1
147.5
0.0
1663.4
18.4
1645.0
941.7
837.7
104.0
0.0
1666.1
0.0
1666.1
1003.4
926.7
76.8
0.0
1661.1
18.4
1642.7
933.3
836.8
96.5
0.0
1659.9
18.4
1641.5
946.5
855.0
91.5
0.0
1645.3
0.0
1645.3
918.4
835.0
83.4
0.0
1666.1
0.0
1666.1
1003.4
926.7
76.8
0.0
1796.0
0.0
1796.0
1143.4
1070.9
72.4
0.0
1936.6
0.0
1936.6
1277.3
1208.1
69.2
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
490.4
0.0
0.0
45.5
29.1
38.9
19.5
24.4
333.0
142.8
47.5
0.0
0.0
29.2
22.2
16.0
18.5
9.4
98.1
24.7
0.0
0.0
25.8
20.0
13.5
14.1
0.0
30.5
9.0
0.0
0.0
4.9
0.0
6.8
9.8
0.0
0.6
0.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
19.0
7.1
0.0
0.0
2.9
0.0
0.0
9.0
0.0
4.5
4.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.5
1.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.6
0.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.4
0.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.3
0.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
18
19
20
21
22
23
24
25
26
0.0
569.8
553.7
16.1
25.1
75.9
10.3
65.6
26.4
83.1
0.1
83.0
0.0
225.8
99.8
126.0
0.0
199.5
8.9
190.6
0.0
188.1
46.5
141.6
0.0
187.2
28.0
159.3
0.0
186.5
12.6
174.0
0.0
199.5
8.9
190.6
0.0
219.9
8.1
211.9
0.0
228.1
1.7
226.5
27
28
29
30
2249.6
2241.6
2426.7
2920.3
2927.6
2859.5
2855.9
2810.2
2927.6
3216.3
3498.8
31
860.0
57.7
977.0
54.9
968.1
52.7
1562.3
60.8
1491.0
71.1
1549.9
56.5
1507.0
56.6
1440.4
56.3
1491.0
71.1
1790.4
59.6
2013.3
60.2
32
33
1220.3
1102.7
1287.8
1165.7
1224.6
1122.7
1178.4
1185.9
1224.6
1226.1
1298.1
34
27
28
29
30
31
2009
32
33
34
35
36
37
38
365.7
0.3
106.1
259.3
191.9
0.2
186.6
5.0
340.9
0.2
140.8
200.0
85.9
0.1
85.7
0.0
92.9
0.2
92.7
0.0
43.6
0.2
43.5
0.0
91.5
0.1
91.4
0.0
85.6
0.1
85.4
0.0
92.9
0.2
92.7
0.0
79.4
0.2
79.2
0.0
135.0
0.1
134.9
0.0
35
36
37
38
39
40
41
1.4
21.1
832.2
2.4
35.1
873.3
3.4
13.5
930.0
0.2
64.6
1015.0
6.5
27.2
1098.1
0.2
36.9
1042.1
1.6
29.9
1055.3
5.7
22.6
1072.1
6.5
27.2
1098.1
9.2
20.2
1117.3
10.1
19.5
1133.6
39
40
41
42
Security RPs
88.4
77.7
59.7
99.9
107.2
96.7
85.5
92.7
107.2
105.5
95.2
42
43
44
45
Miscellaneous liabilities
Federal Reserve Bank stock
Other
23.1
21.1
2.1
29.2
25.6
3.6
58.4
26.5
31.9
31.7
26.9
4.8
33.7
27.4
6.3
33.7
27.2
6.5
28.5
27.3
1.1
34.9
27.4
7.5
33.7
27.4
6.3
34.8
27.6
7.2
32.1
27.5
4.6
43
44
45
(1) Assets and liabilities of Federal Reserve Banks and Treasury monetary accounts that supply or absorb bank reserves. Excludes the accounts of the Federal Reserve Board.
(2) Shown on table L.203.
(3) Federal Reserve loans extended to domestic banks through term auction credit, primary credit, secondary credit, and seasonal credit.
(4) Federal Reserve loans extended to domestic banks through the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
(5) Loans extended to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF).
(6) Loans extended through the Federal Reserves Primary Dealer Credit Facility (PDCF) and the AMLF.
(7) Loan extended by the Federal Reserve to Maiden Lane LLC to facilitate the arrangements associated with JPMorgan Chase & Co.s acquisition of Bear Stearns Companies, Inc.
(8) Loan extended by the Federal Reserve to Maiden Lane II LLC to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of AIG subsidiaries.
(9) Loan extended by the Federal Reserve to Maiden Lane III LLC to purchase CDOs on which AIG has written credit default swap contracts.
(10) Loan extended by the Federal Reserve to Commercial Paper Funding Facility LLC.
(11) Preferred interests in AIA Aurora LLC and ALICO Holdings LLC, two limited liability companies created to hold all the outstanding common stock of American International Assurance
Company Ltd (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.
(12) Reciprocal currency arrangements (swap lines) with foreign central banks.
75
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
13419.4
13582.2
14692.7
15057.7
14592.1
14761.5
14821.3
15057.7
15243.3
15594.5
54.9
977.0
52.7
968.1
60.8
1562.3
71.1
1491.0
56.5
1549.9
56.6
1507.0
56.3
1440.4
71.1
1491.0
59.6
1790.4
60.2
2013.3
2
3
11298.8
10731.7
10916.1
11113.5
11505.4
11116.7
11216.5
11300.3
11505.4
11475.5
11535.8
15.7
101.9
1400.3
224.4
1081.5
0.0
196.6
1579.9
227.8
936.2
0.0
299.6
1718.1
257.1
790.0
0.0
252.9
1851.7
303.9
796.8
0.0
339.5
1901.4
369.9
791.3
0.0
280.6
1929.0
315.3
759.9
0.0
294.7
1906.0
334.1
756.6
0.0
327.0
1905.4
356.6
777.7
0.0
339.5
1901.4
369.9
791.3
0.0
329.5
1946.9
382.2
770.8
0.0
280.7
1960.6
397.9
764.4
5
6
7
8
9
2259.5
0.0
5014.2
1201.2
1878.9
0.0
4768.9
1143.4
1856.3
0.0
4583.0
1412.0
2056.4
0.0
4436.2
1415.6
2250.0
0.0
4391.0
1462.3
2082.9
0.0
4370.3
1378.7
2145.6
0.0
4373.9
1405.7
2176.5
0.0
4334.1
1422.8
2250.0
0.0
4391.0
1462.3
2254.3
0.0
4354.9
1436.8
2317.8
0.0
4351.1
1463.1
10
11
12
13
33.8
21.6
63.6
47.4
73.6
46.5
67.4
43.5
87.1
61.5
80.4
48.8
75.0
49.4
83.4
55.0
87.1
61.5
96.8
69.9
96.9
70.3
14
15
221.0
110.7
219.6
111.5
242.3
116.0
321.3
120.8
432.7
138.1
345.5
133.8
388.1
135.0
433.0
136.4
432.7
138.1
401.6
139.4
388.7
140.5
16
17
1527.1
1213.5
1166.9
1403.2
1270.8
1260.3
1333.9
1316.5
1270.8
1210.1
1288.9
18
13621.7
13222.9
13539.6
14736.7
15309.6
14805.3
14975.7
15158.2
15309.6
15508.9
15739.9
19
14
15
Corporate equities
Mutual fund shares
16
17
Security credit
Life insurance reserves
18
Miscellaneous assets
19
2011
57.7
860.0
Vault cash
Reserves at Federal Reserve
10
11
12
13
2010
14130.7
2
3
5
6
7
8
9
2009
Total liabilities
20
1005.2
293.6
168.5
393.0
269.3
421.1
435.7
438.1
269.3
403.6
642.2
20
21
22
23
Checkable deposits
Small time and savings deposits
Large time deposits
881.0
5749.3
2191.6
990.7
6326.5
1989.8
1072.0
6624.9
1807.5
1428.6
7202.2
1603.0
1633.1
7803.9
1508.5
1397.7
7410.5
1504.3
1415.9
7456.9
1511.1
1454.4
7595.4
1485.0
1633.1
7803.9
1508.5
1652.0
7869.1
1491.0
1600.3
7890.8
1527.7
21
22
23
24
491.8
844.2
678.7
605.5
493.5
575.1
584.2
552.7
493.5
482.5
453.4
24
25
1030.9
744.6
968.7
892.9
865.3
863.7
868.5
846.6
865.3
842.9
871.8
25
0.5
184.8
845.6
0.6
176.3
567.6
113.0
436.8
418.9
120.6
415.8
356.4
87.5
415.8
362.0
104.4
427.2
332.2
102.1
414.4
351.9
90.7
409.9
346.0
87.5
415.8
362.0
74.4
413.9
354.5
64.2
411.5
396.2
26
27
28
-73.6
-66.2
-59.6
-49.1
-47.9
-52.6
-50.3
-46.3
-47.9
-46.0
-58.9
29
2345.5
71.7
1370.5
276.6
626.6
2099.7
107.7
1599.5
203.1
189.4
2279.0
120.0
1632.8
171.6
354.6
2660.6
193.7
1709.0
137.8
620.1
2783.8
198.1
1889.2
126.0
570.5
2685.5
187.1
1782.2
154.3
562.0
2753.8
188.7
1825.7
128.5
610.8
2832.2
190.1
1871.3
117.9
652.8
2783.8
198.1
1889.2
126.0
570.5
2813.7
200.0
1916.9
142.9
553.9
2812.6
201.8
1880.5
142.1
588.2
30
31
32
33
34
9.5
6.9
6.2
6.0
6.5
6.0
5.9
6.2
6.5
6.8
7.3
35
26
27
28
29
30
31
32
33
34
Miscellaneous liabilities
Foreign direct investment in U.S.
Investment by holding companies
Investment by funding corporations
Other
Memo:
35
(1) U.S.-chartered depository institutions (L.110), foreign banking offices (L.111), banks in U.S.-affiliated areas (L.112), and credit unions (L.113).
(2) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).
The leased automobile is a nonfinancial asset.
Levels
2008
76
Levels
2
3
Vault cash
Reserves at Federal Reserve
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
Municipal securities
Corporate and foreign bonds
Priv. residential mortgage pass-through securities
Priv. commercial mortgage pass-through securities
Priv. residential CMOs and other structured MBS
Priv. commercial CMOs and other structured MBS
Other
20
21
22
23
24
25
Corporate equities
Mutual fund shares
26
27
28
Security credit
Life insurance reserves
Miscellaneous assets
29
Total liabilities
30
31
32
33
34
35
36
37
38
Checkable deposits
Federal government
Rest of the world
Private domestic
39
40
41
42
43
44
45
46
47
48
49
Miscellaneous liabilities
Investment by holding companies
Other
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
11663.3
11265.5
11294.5
11711.8
12054.0
11653.4
11756.0
11817.3
12054.0
12131.9
12220.9
57.7
616.4
54.9
670.1
52.7
580.4
60.8
805.2
71.1
798.5
56.5
803.6
56.6
763.5
56.3
722.1
71.1
798.5
59.6
981.1
60.2
1001.2
2
3
9442.9
9131.1
9341.5
9468.4
9815.1
9462.8
9564.3
9622.3
9815.1
9789.9
9853.0
15.7
56.4
1242.5
851.0
0.0
193.9
0.0
197.6
0.0
124.5
1417.4
837.5
3.6
264.0
4.0
308.4
0.0
217.5
1527.2
835.3
3.3
393.4
3.6
291.5
0.0
173.9
1634.1
899.1
8.2
473.8
13.4
239.6
0.0
243.2
1669.7
912.8
21.7
454.6
42.9
237.7
0.0
187.8
1699.2
946.8
14.4
482.0
25.1
230.9
0.0
212.5
1668.4
932.4
16.0
460.6
31.8
227.6
0.0
227.8
1672.7
932.9
18.9
460.0
37.3
223.6
0.0
243.2
1669.7
912.8
21.7
454.6
42.9
237.7
0.0
230.3
1710.5
952.8
24.7
446.7
47.7
238.6
0.0
194.0
1725.7
968.2
27.8
435.3
54.6
239.8
5
6
7
8
9
10
11
12
221.9
650.5
29.0
0.0
285.6
0.0
335.9
224.3
667.1
16.2
17.8
202.9
26.0
404.1
254.6
548.9
6.5
11.4
132.3
24.7
374.0
297.3
551.8
3.5
8.9
110.4
27.4
401.8
363.1
550.7
18.7
9.3
88.4
32.7
401.6
307.2
532.3
3.1
9.3
97.4
27.3
395.2
327.4
528.8
18.8
9.2
93.7
29.9
377.2
350.0
542.6
18.1
9.1
92.8
31.1
391.5
363.1
550.7
18.7
9.3
88.4
32.7
401.6
374.2
547.0
19.6
9.1
83.7
33.8
400.7
390.3
549.4
23.1
9.6
78.7
34.4
403.6
13
14
15
16
17
18
19
1675.8
0.0
4615.2
965.0
1419.6
0.0
4371.9
906.3
1412.9
0.0
4194.9
1185.5
1569.2
0.0
4049.6
1192.6
1772.6
0.0
3997.4
1218.7
1596.2
0.0
3984.5
1155.7
1666.4
0.0
3986.4
1174.5
1698.4
0.0
3944.6
1186.1
1772.6
0.0
3997.4
1218.7
1773.7
0.0
3962.9
1191.3
1826.2
0.0
3955.9
1211.5
20
21
22
23
33.8
19.6
63.6
46.1
73.6
45.0
67.4
41.7
87.1
59.2
80.4
46.7
75.0
47.3
83.4
52.8
87.1
59.2
96.8
67.3
96.9
67.9
24
25
158.6
110.7
1223.5
158.0
111.5
1030.1
152.3
116.0
933.1
189.6
120.8
958.0
243.0
138.1
842.0
190.8
133.8
878.7
209.8
135.0
904.4
241.8
136.4
902.1
243.0
138.1
842.0
209.0
139.4
788.7
198.7
140.5
802.4
26
27
28
11212.0
11110.9
11304.0
11836.1
12387.2
11953.6
12051.7
12232.1
12387.2
12469.6
12434.1
29
1238.0
-1.5
559.7
35.4
644.4
697.2
-2.1
96.6
52.4
550.3
480.9
-1.4
0.2
20.8
461.3
233.7
-0.6
0.2
61.4
172.8
129.7
-0.5
0.1
51.0
79.1
272.0
-0.7
0.0
59.8
213.0
236.2
-0.7
0.1
55.6
181.2
246.3
-0.6
0.1
59.3
187.4
129.7
-0.5
0.1
51.0
79.1
199.0
-0.6
0.0
62.3
137.3
233.0
-0.7
0.1
49.5
184.1
30
31
32
33
34
777.5
3.5
62.9
711.1
871.6
3.8
34.3
833.5
941.1
3.6
30.4
907.0
1260.5
1.0
56.1
1203.5
1435.6
1.3
51.8
1382.4
1219.8
1.3
52.7
1165.8
1232.0
1.2
51.5
1179.3
1267.7
1.1
52.7
1214.0
1435.6
1.3
51.8
1382.4
1441.7
1.5
46.1
1394.1
1378.8
1.3
40.5
1336.9
35
36
37
38
5144.6
1309.2
359.6
5617.0
979.4
674.1
5888.6
849.1
455.5
6425.7
813.9
347.9
6979.3
738.2
209.8
6598.7
743.4
308.2
6636.4
777.4
301.8
6775.6
749.1
273.1
6979.3
738.2
209.8
7018.7
708.9
189.1
7032.7
736.4
174.1
39
40
41
990.3
718.1
942.6
868.7
840.3
840.8
844.7
822.2
840.3
820.7
848.4
42
0.5
184.8
805.0
0.6
176.3
541.1
113.0
436.8
392.8
120.6
415.8
332.3
87.5
415.8
336.9
104.4
427.2
309.3
102.1
414.4
328.2
90.7
409.9
321.6
87.5
415.8
336.9
74.4
413.9
332.3
64.2
411.5
372.7
43
44
45
-73.6
-66.2
-59.6
-49.1
-47.9
-52.6
-50.3
-46.3
-47.9
-46.0
-58.9
46
1466.4
1370.5
95.9
1619.9
1599.5
20.4
1805.9
1632.8
173.1
1934.7
1709.0
225.7
2102.3
1889.2
213.1
2023.4
1782.2
241.2
2073.4
1825.7
247.6
2144.3
1871.3
273.1
2102.3
1889.2
213.1
2137.5
1916.9
220.6
2089.7
1880.5
209.3
47
48
49
9.5
6.9
6.2
6.0
6.5
6.0
5.9
6.2
6.5
6.8
7.3
50
Memo:
50
(1) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).
The leased automobile is a nonfinancial asset.
77
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1267.5
1336.7
1999.0
1966.8
1908.9
1976.0
1977.6
1966.8
2038.9
2294.4
284.1
350.8
711.0
638.8
679.1
687.8
670.6
638.8
741.3
959.6
1063.8
777.9
747.1
784.9
784.1
775.5
760.4
778.3
784.1
766.9
752.1
0.0
35.5
50.6
0.0
401.6
0.0
57.5
31.3
0.0
244.9
0.0
60.9
26.5
0.0
233.9
0.0
60.5
30.6
0.0
234.5
0.0
76.6
32.1
0.0
228.7
0.0
71.6
29.0
0.0
216.4
0.0
61.0
32.3
0.0
216.6
0.0
77.3
30.2
0.0
223.9
0.0
76.6
32.1
0.0
228.7
0.0
79.5
27.7
0.0
210.4
0.0
66.9
26.1
0.0
201.0
4
5
6
7
8
531.9
0.0
44.2
406.5
0.0
37.8
390.4
0.0
35.4
426.6
0.0
32.8
415.8
0.0
30.9
427.2
0.0
31.2
419.3
0.0
31.2
415.7
0.0
31.2
415.8
0.0
30.9
419.5
0.0
29.7
428.6
0.0
29.6
9
10
11
0.0
62.3
0.0
61.6
0.1
90.1
0.0
131.7
0.0
189.7
0.0
154.7
0.0
178.3
0.0
191.3
0.0
189.7
0.0
192.6
0.0
190.0
12
13
259.7
143.9
148.7
371.4
354.2
299.6
349.6
337.6
354.2
338.2
392.7
14
1639.6
1283.7
1354.1
2020.9
1991.4
1931.9
1999.2
2002.2
1991.4
2065.5
2325.3
15
-163.7
-179.9
16.2
-322.5
-356.2
33.7
-274.4
-315.4
41.0
222.2
194.2
27.9
210.2
136.6
73.6
205.3
178.8
26.5
265.3
238.1
27.2
263.7
186.3
77.4
210.2
136.6
73.6
274.0
183.7
90.3
480.3
404.4
75.9
16
17
18
12
13
Corporate equities
Security credit
14
Miscellaneous assets
15
2011
239.0
9
10
11
2010
1624.8
4
5
6
7
8
2009
Total liabilities
16
17
18
19
20
21
Checkable deposits
Small time and savings deposits
Large time deposits
13.5
25.6
784.7
16.1
29.9
958.6
21.9
35.7
909.0
45.6
48.9
736.6
61.8
62.7
711.8
44.3
57.9
706.8
48.9
62.1
678.2
53.9
62.4
679.8
61.8
62.7
711.8
63.7
67.9
721.6
73.4
70.7
729.3
19
20
21
22
23
130.0
0.0
170.3
0.0
223.2
0.0
273.4
0.0
293.4
0.0
287.8
0.0
295.3
0.0
288.2
0.0
293.4
0.0
293.9
0.0
279.5
0.0
22
23
24
25
26
27
Miscellaneous liabilities
Foreign direct investment in U.S.
Investment by funding corporations
Other
849.4
71.7
276.6
501.1
431.3
107.7
203.1
120.5
438.7
120.0
171.6
147.1
694.2
193.7
137.8
362.7
651.5
198.1
126.0
327.4
629.8
187.1
154.3
288.4
649.4
188.7
128.5
332.2
654.3
190.1
117.9
346.2
651.5
198.1
126.0
327.4
644.5
200.0
142.9
301.6
692.1
201.8
142.1
348.2
24
25
26
27
(1) Branches and agencies of foreign banks, Edge Act and Agreement corporations, New York investment companies (through 1996:Q2), and American Express Bank (through 2008:Q4).
(2) Bankers acceptances.
Levels
2008
78
2009
2010
2011
2012
2012
Q1
1
2
Q2
2013
Q3
Q4
Q1
Q2
102.0
94.7
79.9
75.8
75.8
75.7
78.5
75.2
75.8
76.0
82.0
90.9
88.1
68.9
64.0
63.9
63.9
62.7
62.0
63.9
63.6
63.6
3
4
5
6
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Corporate and foreign bonds
1.2
24.4
2.5
0.5
0.5
20.5
3.5
2.0
1.1
12.8
2.5
0.6
1.0
4.8
3.4
4.2
0.4
2.6
2.6
5.2
0.9
5.1
3.4
4.3
1.3
4.8
2.8
4.1
1.0
4.0
2.8
4.6
0.4
2.6
2.6
5.2
0.4
2.4
2.7
5.6
0.4
2.2
2.7
5.5
3
4
5
6
7
8
9
19.7
22.9
19.7
19.4
22.6
19.6
16.1
20.1
15.7
17.1
17.8
15.6
18.1
20.0
14.9
17.2
17.5
15.4
17.3
17.3
15.1
17.6
17.0
14.9
18.1
20.0
14.9
18.1
20.0
14.4
19.0
19.2
14.5
7
8
9
11.1
6.5
11.0
11.8
12.0
11.8
15.8
13.2
12.0
12.4
18.5
10
10
11
Miscellaneous assets
91.0
90.0
75.2
72.1
72.0
71.7
74.7
71.9
72.0
72.2
78.8
11
12
13
14
15
Total liabilities
Net interbank liabilities
Checkable deposits
Small time and savings deposits
Large time deposits
-3.2
14.6
27.4
27.4
-4.2
16.1
24.5
24.5
-3.3
16.6
19.3
19.3
-4.6
19.4
18.9
18.9
-4.9
21.9
18.8
18.8
-4.4
19.5
18.7
18.7
-4.6
22.3
19.6
19.6
-5.3
20.9
18.5
18.5
-4.9
21.9
18.8
18.8
-4.6
22.1
19.1
19.1
-5.3
26.3
20.6
20.6
12
13
14
15
16
Miscellaneous liabilities
24.9
29.2
23.3
19.4
17.3
19.1
17.9
19.2
17.3
16.4
16.5
16
Levels
(1) Commercial banks and branches of U.S.-chartered depository institutions located in Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam, and other U.S.-affiliated insular areas.
4
5
6
7
8
9
10
11
12
13
14
740.6
791.7
871.1
906.1
961.1
954.1
950.9
951.2
961.1
996.5
997.2
4.7
22.8
36.9
46.1
53.8
67.2
55.7
47.7
53.8
68.0
52.5
701.1
734.6
758.6
796.2
842.3
814.6
829.1
837.8
842.3
855.1
867.1
0.0
8.8
82.9
0.0
28.9
0.0
14.2
110.7
0.0
22.3
0.0
20.1
151.5
0.0
6.6
0.0
17.6
182.1
3.2
6.3
0.0
19.3
197.0
4.2
6.7
0.0
20.3
195.7
4.7
6.9
0.0
19.9
200.6
3.9
7.0
0.0
20.9
198.5
3.8
6.6
0.0
19.3
197.0
4.2
6.7
0.0
19.2
206.2
5.3
7.8
0.0
19.4
206.6
5.0
8.6
4
5
6
7
8
32.1
312.2
236.2
33.4
316.9
237.1
36.9
317.0
226.5
43.5
320.5
223.0
43.6
327.8
243.6
42.3
321.6
223.0
42.5
324.0
231.2
44.7
326.4
236.7
43.6
327.8
243.6
43.0
328.0
245.5
44.0
332.0
251.6
9
10
11
2.0
32.8
1.3
33.0
1.5
74.1
1.9
61.9
2.3
62.7
2.1
70.2
2.1
64.1
2.2
63.6
2.3
62.7
2.6
70.9
2.4
75.3
12
13
679.0
738.3
806.3
807.6
859.1
848.0
850.0
852.0
859.1
901.7
901.7
14
15
-65.9
-76.8
-34.7
-58.4
-65.7
-51.8
-61.3
-66.5
-65.7
-64.7
-65.8
15
16
17
18
19
Shares/deposits
Checkable
Small time and savings
Large time
697.4
75.3
551.7
70.4
769.4
86.9
655.2
27.3
803.8
92.4
681.3
30.1
845.3
103.1
708.7
33.5
896.6
113.9
743.1
39.7
884.6
114.1
735.2
35.3
887.4
112.7
738.8
35.9
888.3
111.9
738.9
37.5
896.6
113.9
743.1
39.7
929.3
124.5
763.4
41.3
930.0
121.8
766.8
41.4
16
17
18
19
20
21
2.3
40.6
-0.1
26.5
-0.0
26.1
-15.9
24.2
-9.7
25.1
-20.9
22.9
-12.9
23.7
-8.6
24.4
-9.7
25.1
-0.4
22.2
-0.2
23.5
20
21
22
Miscellaneous liabilities
4.7
19.4
11.1
12.4
12.7
13.3
13.1
14.4
12.7
15.3
14.2
22
79
2
3
4
6
7
8
9
10
11
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1305.5
1380.2
1360.5
1376.6
1437.0
1403.0
1398.9
1419.1
1437.0
1458.4
1468.7
27.9
32.8
4.4
27.6
29.6
4.5
32.6
25.6
3.8
24.1
20.0
1.7
36.4
23.8
1.9
29.1
20.9
1.8
29.3
21.8
1.8
32.9
22.8
1.8
36.4
23.8
1.9
31.7
22.7
1.8
30.6
20.5
1.6
2
3
4
853.4
886.7
890.6
926.8
924.3
923.4
920.6
920.9
924.3
929.4
930.4
19.1
65.6
114.3
9.8
88.5
116.2
7.9
91.7
115.8
8.8
96.4
122.7
7.4
90.2
113.6
8.4
94.5
120.0
8.1
92.8
117.4
7.8
91.4
115.3
7.4
90.2
113.6
7.5
90.2
114.3
6.8
89.0
114.6
6
7
8
Municipal securities
Corporate and foreign bonds
Commercial mortgages
381.9
267.5
5.0
369.4
298.3
4.4
348.4
322.6
4.1
331.0
363.1
4.9
327.6
379.8
5.6
329.2
366.1
5.2
327.5
369.3
5.4
327.0
373.9
5.5
327.6
379.8
5.6
329.5
382.0
5.8
330.4
383.0
6.6
9
10
11
12
13
Corporate equities
Mutual fund shares
193.3
4.4
219.8
5.3
219.2
5.7
224.4
5.5
258.3
5.7
248.9
5.7
244.4
5.5
257.9
5.7
258.3
5.7
274.1
6.0
279.4
6.0
12
13
14
15
Trade receivables
Miscellaneous assets
86.7
102.6
83.0
123.7
83.8
99.1
87.2
86.9
92.0
94.6
91.1
82.0
92.0
83.3
94.5
82.6
92.0
94.6
94.0
98.7
96.6
103.5
14
15
792.3
804.3
823.2
856.0
886.9
881.9
882.4
882.6
886.9
888.5
894.0
16
2.4
-21.1
811.0
0.6
-15.8
819.5
1.5
-10.1
831.9
0.4
-14.5
870.1
0.8
-10.8
896.9
0.5
-8.0
889.5
0.5
-13.2
895.1
0.6
-8.7
890.7
0.8
-10.8
896.9
1.1
-3.2
890.5
1.4
-5.2
897.8
17
18
19
16
17
18
19
Total liabilities
Security RPs
Taxes payable (net)
Miscellaneous liabilities
2
3
4
6
7
8
9
10
11
12
13
14
Corporate equities
Mutual fund shares
15
Miscellaneous assets
16
Total liabilities
4515.5
4823.9
5176.3
5340.1
5613.1
5501.8
5436.9
5560.1
5613.1
5732.1
5746.4
82.8
39.2
8.0
50.7
33.7
10.2
51.7
21.0
10.9
53.7
28.8
10.1
56.4
24.0
7.4
52.9
27.4
8.2
56.1
26.2
7.9
53.5
25.1
7.7
56.4
24.0
7.4
57.1
28.0
8.7
47.3
20.6
8.9
2
3
4
2882.8
3022.6
3174.2
3297.9
3371.5
3333.6
3307.7
3349.5
3371.5
3397.7
3407.6
38.3
105.7
366.2
49.8
133.5
371.9
40.9
156.6
376.0
29.7
167.1
374.7
44.7
171.8
361.6
33.1
168.9
373.4
35.0
167.8
365.5
37.4
170.3
364.8
44.7
171.8
361.6
50.5
173.7
359.2
46.9
172.0
350.1
6
7
8
47.1
1817.0
166.1
342.4
73.1
1927.2
140.9
326.1
112.3
2030.2
140.7
317.5
121.6
2123.6
148.6
332.5
131.2
2167.4
150.4
344.4
124.8
2150.1
146.6
336.7
125.1
2126.1
147.7
340.5
128.7
2155.9
148.9
343.5
131.2
2167.4
150.4
344.4
131.9
2188.2
149.6
344.5
132.8
2206.6
151.1
348.2
9
10
11
12
1001.7
121.0
1208.5
140.8
1402.6
155.7
1390.2
150.1
1545.1
159.3
1524.3
159.1
1478.3
153.2
1543.7
159.3
1545.1
159.3
1654.9
167.6
1679.6
168.8
13
14
380.1
357.6
360.3
409.3
449.5
396.4
407.5
421.3
449.5
418.0
413.5
15
4266.5
4532.5
4850.8
5001.3
5248.8
5156.5
5085.2
5198.9
5248.8
5362.3
5377.0
16
12.9
54.9
12.4
48.3
10.3
45.1
10.4
46.8
13.5
51.6
10.8
48.5
11.7
52.4
12.7
52.4
13.5
51.6
13.7
52.9
13.8
54.5
17
18
17
18
Security RPs
Other loans and advances
19
20
1133.4
2223.2
1194.5
2346.9
1229.9
2563.0
1302.3
2602.8
1309.0
2759.4
1317.1
2691.7
1292.1
2651.2
1303.1
2713.2
1309.0
2759.4
1319.9
2821.2
1324.4
2820.1
19
20
21
22
-24.4
866.4
-31.4
961.7
-28.8
1031.4
-23.6
1062.6
-28.3
1143.6
-27.3
1115.9
-23.9
1101.6
-23.6
1141.2
-28.3
1143.6
-28.4
1183.0
-30.1
1194.3
21
22
(1) Annuity reserves held by life insurance companies, excluding unallocated contracts held by private pension funds, which are included in miscellaneous liabilities (line 22).
Levels
2008
80
2
3
4
5
7
8
9
10
11
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
11709.2
12716.2
14034.9
14364.9
15158.7
14796.0
14785.6
15060.4
15158.7
15578.7
15754.9
16.9
57.1
199.9
5.8
14.0
61.5
188.4
5.9
16.7
67.0
181.3
6.1
22.8
71.9
199.7
6.3
22.3
68.8
194.5
6.1
22.5
70.7
197.9
6.3
22.2
69.9
196.2
6.2
22.0
69.4
195.4
6.3
22.3
68.8
194.5
6.1
22.3
68.6
194.4
6.1
22.6
67.8
193.0
6.0
2
3
4
5
1729.0
1663.4
1819.4
1913.0
1936.8
1932.9
1934.2
1926.0
1936.8
1947.0
1981.5
75.4
389.6
356.1
865.4
41.2
77.4
454.0
346.8
748.6
35.2
81.0
505.3
355.6
837.8
37.5
86.7
564.5
366.8
859.0
33.0
82.8
665.6
402.0
752.1
29.2
86.2
600.3
383.5
827.7
31.8
85.9
618.2
390.4
804.6
31.0
83.7
640.6
393.4
773.8
30.1
82.8
665.6
402.0
752.1
29.2
83.1
691.0
405.7
733.6
28.2
82.0
719.9
412.1
734.6
27.0
7
8
9
10
11
12
13
Corporate equities
Mutual fund shares
2731.3
1528.9
3381.7
2032.7
3857.4
2307.9
3653.5
2260.1
4154.2
2578.7
4064.4
2513.0
3943.4
2444.0
4168.8
2584.0
4154.2
2578.7
4538.0
2822.1
4613.9
2871.3
12
13
14
15
16
Miscellaneous assets
Claims of pension fund on sponsor (3)
Other
5440.3
3490.1
571.9
5368.6
3226.4
600.5
5779.2
3517.2
628.9
6237.6
3843.0
681.8
6197.4
3717.5
679.3
5988.3
3585.2
667.8
6169.6
3768.0
673.3
6088.5
3639.7
677.4
6197.4
3717.5
679.3
5980.1
3456.0
668.9
5998.7
3540.5
680.6
14
15
16
11838.5
12858.5
14182.0
14512.4
15315.7
14950.0
14937.5
15215.5
15315.7
15739.8
15916.5
17
8958.3
5468.2
3490.1
9297.3
6070.9
3226.4
10146.1
6628.9
3517.2
10497.1
6654.1
3843.0
10871.2
7153.7
3717.5
10590.0
7004.8
3585.2
10682.6
6914.6
3768.0
10776.4
7136.7
3639.7
10871.2
7153.7
3717.5
10958.1
7502.0
3456.0
11045.0
7504.4
3540.5
18
19
20
17236.4
8828.9
2880.2
3681.0
1846.2
19028.1
9155.0
3561.2
4363.0
1948.9
21002.9
9999.0
4035.9
4839.0
2129.0
21399.7
10349.6
4015.4
4872.0
2162.8
22845.1
10714.2
4444.6
5407.0
2279.4
22253.6
10436.0
4359.9
5229.0
2228.7
22107.8
10530.7
4254.9
5126.0
2196.2
22649.7
10621.4
4439.1
5347.0
2242.2
22845.1
10714.2
4444.6
5407.0
2279.4
23582.9
10797.0
4781.7
5683.0
2321.2
ND
10883.4
4871.6
ND
ND
21
22
23
24
25
17
Levels
Memo:
18
19
20
21
22
23
24
25
(1) Private pension funds, state and local government employee retirement funds, and federal government retirement funds defined benefit plans and defined contribution plans (including 401(k) type plans).
(2) Includes claims on sponsor (i.e., unfunded defined benefit pension entitlements).
(3) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
(4) Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.
(5) Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.
(6) Households retirement assets in tax-deferred accounts, including employer sponsored pension plans, IRAs, Roth IRAs, and annuities.
(7) Additional detail on private defined benefit plans is available on table L.117.b.
(8) Additional detail on private defined contribution plans is available on table L.117.c.
(9) IRA assets are not included above. See table L.226.i for a sectoral distribution of IRA accounts.
(10) Annuities held in IRAs at life insurance companies are excluded. They are included in line 21.
81
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
5246.1
5939.9
6589.2
6636.0
7138.7
6985.7
6908.5
7108.8
7138.7
7471.1
7567.2
2
3
4
5
13.4
30.2
156.2
2.8
10.4
33.0
147.4
2.9
12.6
32.1
137.3
2.7
18.3
33.4
153.7
2.7
18.0
31.6
150.0
2.6
18.0
32.5
152.3
2.7
17.8
32.3
151.2
2.6
17.6
32.0
150.7
2.8
18.0
31.6
150.0
2.6
17.9
31.6
150.1
2.6
18.4
31.2
149.2
2.5
2
3
4
5
782.7
795.5
918.6
991.8
1003.7
1002.4
1006.3
1004.8
1003.7
1010.6
1027.0
44.3
147.4
190.3
374.6
26.1
45.3
182.4
184.0
360.0
23.8
42.6
215.6
190.4
443.4
26.6
44.7
243.4
193.8
488.0
21.9
42.3
291.1
210.7
440.2
19.3
44.6
262.6
202.0
472.1
21.0
44.9
270.9
204.8
465.1
20.6
42.9
282.7
206.6
452.6
20.0
42.3
291.1
210.7
440.2
19.3
42.8
306.1
213.0
430.1
18.7
42.1
318.6
216.8
431.6
17.9
7
8
9
10
11
7
8
9
10
11
2009
12
13
Corporate equities
Mutual fund shares
1380.4
1362.3
1647.1
1827.5
1938.3
2084.7
1826.1
2053.2
2039.7
2338.4
1997.6
2279.1
1942.5
2217.3
2053.7
2344.3
2039.7
2338.4
2204.1
2553.0
2233.4
2601.7
12
13
14
15
16
17
18
Miscellaneous assets
Unallocated insurance contracts (3)
Contributions receivable
Claims of pension fund on sponsor (4)
Other
1518.3
279.0
84.0
678.0
477.3
1476.0
388.9
75.6
497.2
514.4
1463.0
399.2
91.1
446.1
526.7
1556.7
405.1
94.0
486.8
570.8
1554.8
454.6
92.0
440.3
568.0
1501.1
445.7
92.4
404.7
558.3
1538.5
432.0
92.8
450.3
563.4
1502.9
455.6
92.5
388.2
566.5
1554.8
454.6
92.0
440.3
568.0
1501.3
497.6
92.1
349.9
561.6
1503.8
507.2
92.1
335.8
568.7
14
15
16
17
18
5281.4
5976.3
6625.7
6672.5
7175.3
7022.3
6945.1
7145.3
7175.3
7507.6
7603.7
19
19
20
21
22
2608.2
1930.2
678.0
2662.7
2165.5
497.2
2872.2
2426.2
446.1
2953.1
2466.3
486.8
3054.3
2614.0
440.3
2978.4
2573.7
404.7
3003.6
2553.3
450.3
3029.0
2640.8
388.2
3054.3
2614.0
440.3
3067.0
2717.1
349.9
3079.7
2743.9
335.8
20
21
22
23
24
2572.9
2673.2
2626.3
3313.6
2835.7
3753.5
2916.6
3719.4
3017.8
4120.9
2941.8
4043.9
2967.1
3941.4
2992.5
4116.3
3017.8
4120.9
3030.5
4440.6
3043.2
4524.0
23
24
(1) Private defined benefit plans and defined contribution plans (including 401(k) type plans).
(2) Includes claims on sponsor (i.e., unfunded pension entitlements).
(3) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.
(4) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.
(5) Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.
(6) Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.
(7) Additional detail on defined benefit plans and defined contribution plans is available on L.117.b and L.117.c.
Levels
2008
82
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
3704.9
3853.9
4298.2
4478.2
4652.7
4517.1
4564.4
4607.4
4652.7
4700.6
4752.2
3.5
26.9
3.5
28.5
4.1
34.9
4.5
38.5
4.3
37.2
4.5
38.1
4.4
37.6
4.4
37.4
4.3
37.2
4.3
37.1
4.3
36.6
2
3
4
5
43.7
3.0
40.9
3.0
44.0
3.4
46.0
3.6
44.5
3.5
45.6
3.6
45.0
3.5
44.7
3.5
44.5
3.5
44.3
3.5
43.8
3.5
4
5
823.0
737.2
759.3
759.6
757.6
767.6
760.7
751.6
757.6
763.1
780.7
31.0
129.9
160.6
32.1
151.9
157.6
38.4
160.0
159.4
41.9
173.3
166.5
40.5
214.5
184.1
41.6
189.4
174.5
41.0
195.7
177.9
40.8
203.8
179.7
40.5
214.5
184.1
40.4
225.9
186.2
39.9
241.1
189.1
7
8
9
Municipal securities
Corporate and foreign bonds
Mortgages
1.3
485.1
15.1
1.4
382.8
11.4
2.2
388.5
10.9
3.1
363.7
11.1
5.0
303.5
9.9
3.5
348.0
10.7
4.1
331.6
10.4
4.4
312.8
10.1
5.0
303.5
9.9
5.3
295.7
9.5
5.8
295.7
9.1
10
11
12
10
11
12
Levels
2010
2
3
7
8
9
2009
13
14
Corporate equities
Mutual fund shares
1267.2
166.7
1617.8
205.2
1778.2
223.2
1693.0
206.9
1966.4
240.3
1913.7
233.8
1854.6
226.6
1961.9
239.7
1966.4
240.3
2166.1
269.2
2206.8
269.6
13
14
15
16
17
Miscellaneous assets
Claims of pension fund on sponsor (3)
Other
1370.9
1276.3
94.6
1217.8
1131.7
86.1
1451.1
1348.9
102.2
1726.1
1615.1
111.0
1598.9
1487.5
111.3
1510.2
1400.7
109.5
1631.9
1521.9
110.0
1564.1
1453.2
110.9
1598.9
1487.5
111.3
1413.0
1305.8
107.2
1407.0
1295.1
111.9
15
16
17
3799.0
3959.8
4408.7
4589.2
4773.1
4634.5
4679.7
4725.9
4773.1
4825.2
4877.3
18
3799.0
2522.7
1276.3
3959.8
2828.1
1131.7
4408.7
3059.8
1348.9
4589.2
2974.1
1615.1
4773.1
3285.6
1487.5
4634.5
3233.9
1400.7
4679.7
3157.8
1521.9
4725.9
3272.7
1453.2
4773.1
3285.6
1487.5
4825.2
3519.4
1305.8
4877.3
3582.2
1295.1
19
20
21
18
19
20
21
Corporate equities
7
8
9
10
2758.1
2922.3
3147.6
3250.7
3367.3
3293.2
3312.7
3344.3
3367.3
3407.0
3435.5
123.3
130.7
141.5
161.6
175.5
163.0
167.2
169.5
175.5
173.3
173.7
112.4
5.2
5.8
119.8
5.2
5.7
129.8
5.8
5.9
147.7
6.5
7.3
160.0
7.2
8.3
148.3
7.0
7.6
151.6
7.6
7.9
154.1
7.1
8.3
160.0
7.2
8.3
159.0
6.6
7.8
160.3
6.1
7.3
3
4
5
83.7
116.8
140.9
134.4
148.1
153.1
146.3
153.3
148.1
167.8
173.8
2551.1
1015.3
1535.8
2674.8
1077.2
1597.6
2865.1
1142.9
1722.2
2954.8
1213.7
1741.1
3043.7
1254.1
1789.6
2977.1
1197.2
1779.9
2999.2
1203.5
1795.7
3021.5
1223.3
1798.2
3043.7
1254.1
1789.6
3065.9
1265.5
1800.3
3088.0
1178.4
1909.6
7
8
9
2758.1
2922.3
3147.6
3250.7
3367.3
3293.2
3312.7
3344.3
3367.3
3407.0
3435.5
10
Memo:
11
12
13
2551.1
1015.3
1535.8
2674.8
1077.2
1597.6
2865.1
1142.9
1722.2
2954.8
1213.7
1741.1
3043.7
1254.1
1789.6
2977.1
1197.2
1779.9
2999.2
1203.5
1795.7
3021.5
1223.3
1798.2
3043.7
1254.1
1789.6
3065.9
1265.5
1800.3
3088.0
1178.4
1909.6
11
12
13
14
15
2551.1
207.0
2674.8
247.5
2865.1
282.4
2954.8
295.9
3043.7
323.6
2977.1
316.1
2999.2
313.5
3021.5
322.8
3043.7
323.6
3065.9
341.1
3088.0
347.5
14
15
83
2
3
4
5
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Security RPs
7
8
9
10
11
12
13
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
3757.3
3258.6
2755.4
2642.5
2649.6
2535.5
2467.9
2506.9
2649.6
2554.0
2541.9
85.6
7.5
396.8
542.4
97.1
17.9
566.6
480.0
105.9
14.2
458.9
479.4
42.9
20.1
402.7
490.5
43.3
16.5
435.4
544.7
40.1
3.2
375.5
498.2
33.0
6.0
365.8
514.9
40.2
11.3
396.9
513.2
43.3
16.5
435.4
544.7
48.7
10.9
429.4
470.7
37.1
27.5
444.3
450.4
2
3
4
5
2689.9
2070.0
1673.4
1663.6
1580.9
1600.7
1528.4
1520.2
1580.9
1562.8
1550.9
618.5
577.7
756.2
509.5
228.0
510.5
406.4
543.0
440.1
169.9
394.2
335.4
402.8
386.7
154.2
354.2
443.3
403.7
357.3
105.1
340.8
457.8
343.5
336.7
102.1
355.5
473.8
327.3
341.2
102.9
326.5
444.6
334.6
325.4
97.3
319.4
456.3
331.4
320.1
93.0
340.8
457.8
343.5
336.7
102.1
351.1
470.5
325.6
312.6
103.0
356.6
449.0
345.0
309.6
90.7
7
8
9
10
11
35.2
26.9
23.5
22.7
28.8
17.8
19.9
25.1
28.8
31.5
31.9
12
3757.3
3258.6
2755.4
2642.5
2649.6
2535.5
2467.9
2506.9
2649.6
2554.0
2541.9
13
9131.0
9323.6
10087.4
10221.8
(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance sector (table L.115).
Security RPs
4
5
6
7
8
9
10
11
12
5388.0
6920.7
7873.0
7870.9
9323.6
8797.4
8653.4
124.7
153.3
137.5
108.7
262.7
247.9
259.6
286.8
262.7
304.9
319.1
2229.2
2616.3
2969.9
3329.3
3981.3
3540.0
3699.5
3851.6
3981.3
4187.5
4250.8
51.6
177.4
559.8
389.4
956.2
94.8
80.2
247.4
613.8
478.8
1120.7
75.4
66.3
290.7
769.9
525.5
1243.0
74.6
40.0
361.4
879.9
541.2
1413.4
93.5
77.5
445.2
1006.1
627.4
1719.4
105.7
90.4
384.5
919.1
561.9
1489.9
94.2
101.0
409.5
956.1
583.7
1550.0
99.2
99.8
426.6
980.7
610.5
1633.4
100.6
77.5
445.2
1006.1
627.4
1719.4
105.7
101.6
471.3
1038.1
646.6
1816.6
113.4
106.4
469.9
1033.7
641.2
1882.5
117.1
4
5
6
7
8
9
3014.1
20.0
4136.2
14.9
4762.7
2.9
4427.2
5.7
5107.0
-27.4
5044.0
-34.5
4744.2
-50.0
5037.8
-45.3
5107.0
-27.4
5611.2
-16.2
5668.1
-16.2
10
11
5388.0
6920.7
7873.0
7870.9
9323.6
8797.4
8653.4
9131.0
9323.6
10087.4
10221.8
12
(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance sector (table L.115).
202.9
229.2
243.7
241.0
257.3
245.4
245.4
253.3
257.3
271.4
275.8
130.4
3.2
77.9
49.4
72.5
141.1
4.4
81.2
55.5
88.1
146.3
5.1
81.6
59.6
97.4
144.5
4.8
82.5
57.2
96.5
156.1
5.2
85.8
65.2
101.2
147.4
5.1
83.1
59.2
98.0
148.7
5.0
83.6
60.0
96.8
152.4
5.2
84.5
62.7
100.9
156.1
5.2
85.8
65.2
101.2
163.7
5.7
86.3
71.7
107.6
168.5
5.6
85.5
77.5
107.2
2
3
4
5
6
202.9
229.2
243.7
241.0
257.3
245.4
245.4
253.3
257.3
271.4
275.8
531.1
773.1
986.8
1042.6
1324.4
1185.4
1157.9
1268.2
1324.4
1434.0
1413.6
57.1
27.1
2.3
27.7
474.0
103.0
41.8
5.9
55.4
670.0
132.7
51.0
7.6
74.1
854.1
178.8
62.4
8.6
107.7
863.8
231.1
63.6
12.3
155.3
1093.3
195.1
62.0
9.7
123.4
990.4
213.5
67.3
10.5
135.7
944.5
221.1
62.7
11.3
147.1
1047.1
231.1
63.6
12.3
155.3
1093.3
238.2
62.8
13.0
162.3
1195.9
241.4
64.1
12.5
164.9
1172.2
9
10
11
12
13
531.1
773.1
986.8
1042.6
1324.4
1185.4
1157.9
1268.2
1324.4
1434.0
1413.6
14
Exchange-traded funds
8
9
10
11
12
13
14
Levels
84
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
3407.9
3062.0
6748.5
6504.6
6295.3
6432.7
6370.4
6326.1
6295.3
6349.4
6351.5
88.3
68.5
114.5
99.4
25.7
122.1
63.4
26.1
150.0
72.7
13.4
111.9
52.6
4.3
150.8
42.5
11.1
107.2
52.9
9.8
138.7
36.1
3.7
174.9
52.6
4.3
150.8
64.1
3.6
193.4
51.7
4.8
151.3
2
3
4
3037.5
2714.4
6360.5
6158.2
5935.1
6121.9
6033.0
5971.7
5935.1
5920.4
5976.0
6.8
16.8
910.0
9.7
36.6
924.5
9.9
82.6
377.0
6.5
100.2
358.9
3.4
69.0
310.6
5.2
104.9
347.7
5.7
77.0
342.4
4.2
72.3
323.9
3.4
69.0
310.6
4.2
74.6
300.6
4.3
75.5
292.5
6
7
8
9
10
Municipal securities
Corporate and foreign bonds
31.3
386.6
29.1
310.8
24.9
293.9
21.0
260.5
17.0
205.9
20.2
253.9
19.4
227.1
18.1
221.2
17.0
205.9
24.9
192.3
33.5
193.2
9
10
11
12
13
14
980.7
0.0
80.3
900.5
695.9
0.0
80.0
615.9
551.3
0.0
87.3
464.0
487.0
0.0
83.8
403.3
505.7
0.0
92.1
413.6
467.3
0.0
86.6
380.7
491.3
0.0
87.0
404.3
487.6
0.0
89.3
398.3
505.7
0.0
92.1
413.6
498.8
0.0
91.4
407.4
541.0
0.0
90.3
450.7
11
12
13
14
15
Mortgages
705.3
707.7
5021.0
4924.0
4823.5
4922.8
4870.2
4844.5
4823.5
4825.0
4836.1
15
6
7
8
Levels
2
3
4
2009
16
17
18
Home
Consolidated trusts (2)
Other
456.6
0.0
456.6
431.3
0.0
431.3
4687.1
4141.0
546.1
4583.9
4032.1
551.8
4472.3
3958.0
514.2
4579.4
4033.8
545.7
4526.5
3998.2
528.2
4495.5
3978.0
517.5
4472.3
3958.0
514.2
4476.9
3982.2
494.8
4490.9
4005.6
485.3
16
17
18
19
20
21
Multifamily residential
Consolidated trusts (2)
Other
190.2
0.0
190.2
204.4
0.0
204.4
256.5
75.4
181.1
259.2
99.9
159.4
265.5
127.0
138.5
261.3
106.2
155.1
260.4
111.3
149.1
264.6
118.6
146.0
265.5
127.0
138.5
261.9
133.5
128.4
258.1
138.8
119.3
19
20
21
22
58.5
72.0
77.4
80.9
85.8
82.1
83.3
84.5
85.8
86.2
87.1
22
23
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
23
24
Miscellaneous assets
99.1
100.3
148.6
148.5
152.6
150.1
135.9
139.6
152.6
167.9
167.7
24
3390.2
2977.0
6589.1
6377.9
6216.8
6310.6
6268.7
6236.4
6216.8
6223.6
6259.5
25
25
Farm
Total liabilities
26
3181.9
2706.6
6434.5
6247.3
6092.7
6178.6
6139.8
6111.5
6092.7
6103.5
6137.6
26
27
28
29
30
3181.9
0.0
3181.9
0.0
2706.6
0.0
2706.6
0.0
6434.5
4216.4
2218.1
0.0
6247.3
4132.0
2115.4
0.0
6092.7
4085.0
2007.7
0.0
6178.6
4140.0
2038.6
0.0
6139.8
4109.6
2030.3
0.0
6111.5
4096.6
2014.9
0.0
6092.7
4085.0
2007.7
0.0
6103.5
4115.7
1987.8
0.0
6137.6
4144.4
1993.2
0.0
27
28
29
30
208.2
270.4
154.6
130.6
124.1
132.0
128.8
124.8
124.1
120.2
121.9
31
31
Miscellaneous liabilities
(1) Federal Home Loan Banks, Fannie Mae, Freddie Mac, Farmer Mac, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation. The Student Loan Marketing Association
(Sallie Mae) was included until it was fully privatized in 2004:Q4. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools (table L.124) are consolidated on Fannie Maes and
Freddie Macs balance sheets.
(2) Consolidated trusts refers to the unpaid balance of securitized mortgages Fannie Mae and Freddie Mac moved on to their balance sheets at the beginning of 2010 in response to new accounting rules.
(3) Sallie Mae student loans.
(4) Such issues are classified as agency- and GSE-backed securities.
4961.4
5376.7
1139.5
1304.8
1437.0
1329.9
1377.3
1408.0
1437.0
1462.7
1485.8
2
3
4
5
Home mortgages
Multifamily residential mortgages
Commercial mortgages
Farm mortgages
4864.0
92.8
0.0
4.7
5266.5
105.7
0.0
4.5
1068.8
66.9
0.0
3.8
1216.8
86.4
0.0
1.7
1321.8
113.4
0.0
1.9
1237.2
91.1
0.0
1.6
1276.2
99.1
0.0
2.0
1301.7
104.3
0.0
2.0
1321.8
113.4
0.0
1.9
1340.2
120.6
0.0
1.9
1353.9
130.1
0.0
1.8
2
3
4
5
4961.4
5376.7
1139.5
1304.8
1437.0
1329.9
1377.3
1408.0
1437.0
1462.7
1485.8
(1) GNMA, Fannie Mae, Freddie Mac, Farmer Mac, and Farmers Home Administration pools. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools are consolidated on Fannie
Maes and Freddie Macs balance sheets (table L.123). Also includes agency- and GSE-backed mortgage pool securities which are used as collateral for agency- and GSE-backed CMOs and privately
issued CMOs. Excludes Federal Financing Bank holdings of pool securities, which are included with federal government mortgages and other loans and advances.
(2) Such issues are classified as agency- and GSE-backed securities.
85
2
3
4
Treasury securities
Agency- and GSE-backed securities (1)
Other loans and advances
5
6
7
8
Mortgages (2)
Home
Multifamily residential
Commercial
9
10
11
12
13
Consumer credit
Trade credit
Total liabilities
Commercial paper
Corporate bonds (net) (3)
Memo:
Securitized assets not included above
14
Consumer leases (4)
15
REIT assets (5)
Securitized liabilities not included above
16
Commercial paper (6)
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
4098.3
3285.2
2230.9
1984.1
1768.1
1924.2
1863.0
1801.4
1768.1
1708.6
1668.1
72.2
324.7
379.8
53.9
99.9
252.2
40.1
3.9
167.8
29.2
0.8
162.4
23.4
0.1
161.7
25.9
0.6
166.9
24.8
0.2
161.9
23.2
0.1
157.1
23.4
0.1
161.7
20.5
0.0
150.8
21.2
0.0
156.3
2
3
4
2615.9
1898.0
113.2
604.7
2245.5
1574.8
107.4
563.3
1916.9
1299.6
98.8
518.5
1698.0
1106.7
91.1
500.2
1492.0
924.9
81.4
485.7
1638.7
1061.2
88.3
489.2
1586.6
1013.3
85.8
487.5
1531.7
967.0
83.2
481.5
1492.0
924.9
81.4
485.7
1447.3
889.2
77.6
480.5
1406.3
849.2
75.1
482.0
5
6
7
8
610.2
95.5
572.5
61.3
50.3
51.8
46.2
47.6
49.9
41.2
46.7
45.3
47.0
42.4
47.9
41.4
49.9
41.2
49.8
40.1
48.0
36.2
9
10
4101.0
3287.6
2230.9
1984.1
1768.1
1924.2
1863.0
1801.4
1768.1
1708.6
1668.1
11
559.3
3541.7
293.1
2994.5
120.2
2110.7
96.0
1888.0
87.0
1681.1
97.7
1826.5
85.2
1777.8
86.8
1714.5
87.0
1681.1
88.0
1620.6
79.6
1588.5
12
13
2.7
45.4
2.3
20.1
0.0
20.5
0.0
17.4
0.0
12.9
0.0
17.7
0.0
12.7
0.0
14.9
0.0
12.9
0.0
13.6
0.0
15.2
14
15
0.0
0.0
112.9
120.6
87.5
104.3
102.1
90.7
87.5
74.4
64.2
16
Levels
2009
(1) Agency- and GSE-backed mortgage pool securities backing privately issued CMOs.
(2) Mortgages backing privately issued pool securities and privately issued CMOs.
(3) Liabilities net of assets.
(4) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).
The leased automobile is a nonfinancial asset.
(5) Included in table L.127.
(6) Included in table L.110 line 43.
2
3
5
6
7
8
9
10
11
1851.7
1662.5
1588.5
1569.5
1495.3
1553.6
1515.7
1515.0
1495.3
1480.8
1476.3
16.5
49.4
17.0
51.0
26.5
79.6
31.4
94.2
28.0
84.0
31.0
93.1
28.6
85.8
30.6
91.8
28.0
84.0
28.9
86.7
29.4
88.1
2
3
1734.4
1516.7
1405.4
1359.5
1326.3
1347.6
1331.1
1329.0
1326.3
1316.4
1314.7
192.4
539.9
447.9
554.3
198.6
448.9
397.4
471.9
84.1
372.7
243.5
705.0
85.0
375.4
211.5
687.6
78.7
387.7
180.1
679.8
84.9
375.9
206.6
680.2
86.9
376.3
192.7
675.3
85.3
378.5
188.5
676.6
78.7
387.7
180.1
679.8
78.0
392.4
174.7
671.3
73.4
396.0
170.7
674.6
5
6
7
8
51.5
77.8
77.0
84.4
57.0
81.8
70.2
63.7
57.0
48.9
44.1
1880.5
1630.3
1558.7
1533.0
1447.4
1515.6
1476.2
1474.9
1447.4
1429.6
1423.1
10
1200.3
1044.1
1280.7
1262.6
1208.9
1251.5
1235.6
1246.0
1208.9
1190.8
1193.1
11
12
13
14
15
100.9
924.5
174.9
0.0
62.1
837.5
144.5
0.0
111.0
1078.2
91.5
0.0
121.0
1039.5
102.1
0.0
129.1
961.2
118.5
0.0
122.8
1031.1
97.5
0.0
122.5
1009.6
103.5
0.0
123.1
1007.1
115.8
0.0
129.1
961.2
118.5
0.0
121.8
956.1
112.9
0.0
119.6
952.8
120.8
0.0
12
13
14
15
16
17
18
19
20
Taxes payable
Miscellaneous liabilities
Foreign direct investment in U.S.
Investment by parent
Other
15.4
664.8
78.1
313.0
273.7
12.7
573.6
90.0
280.5
203.1
6.0
271.9
114.7
175.7
-18.4
6.7
263.7
96.1
163.7
3.9
6.6
231.9
96.3
162.8
-27.2
7.0
257.2
94.5
157.1
5.5
6.6
234.0
94.4
151.0
-11.4
6.4
222.4
94.9
150.4
-22.9
6.6
231.9
96.3
162.8
-27.2
7.0
231.8
95.3
160.4
-23.9
6.9
223.1
96.6
162.6
-36.1
16
17
18
19
20
111.1
85.4
111.8
119.7
144.0
124.2
129.9
137.2
144.0
149.7
156.9
21
21
Memo:
Consumer leases not included above (2)
86
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
250.6
241.2
283.0
401.3
559.0
468.0
491.4
566.6
559.0
565.9
558.5
18.4
26.3
23.5
25.6
33.1
29.8
29.0
32.7
33.1
38.9
36.1
177.6
168.9
206.0
308.9
436.6
365.9
388.5
451.4
436.6
429.4
413.5
4
5
89.6
11.7
105.1
15.5
143.3
20.8
244.7
22.1
356.2
32.2
299.4
25.6
317.3
27.6
375.4
30.6
356.2
32.2
343.4
37.1
324.5
37.9
4
5
6
7
8
9
Mortgages
Home
Multifamily residential
Commercial
76.3
34.3
4.3
37.7
48.3
12.6
2.3
33.4
41.9
8.9
1.9
31.2
42.1
8.1
1.7
32.3
48.3
13.6
1.8
32.8
40.9
8.6
1.7
30.6
43.6
11.7
1.7
30.2
45.4
12.3
1.7
31.4
48.3
13.6
1.8
32.8
48.9
15.4
2.1
31.3
51.1
16.0
2.8
32.3
6
7
8
9
10
Levels
2009
54.6
46.1
53.5
66.8
89.3
72.4
73.9
82.4
89.3
97.5
108.9
10
11
Total liabilities
Miscellaneous assets
511.6
458.8
501.7
633.2
796.4
698.7
723.5
793.8
796.4
798.4
794.2
11
12
Security RPs
79.4
90.4
120.5
215.4
318.7
258.7
279.1
319.9
318.7
320.6
307.8
12
13
367.4
317.4
315.2
343.4
386.3
350.1
364.4
371.2
386.3
386.1
393.6
13
14
15
0.0
171.0
0.0
129.8
0.0
129.7
0.0
145.1
0.0
171.2
0.0
152.6
0.0
158.9
0.0
163.5
0.0
171.2
0.0
173.1
0.0
179.5
14
15
16
17
32.8
163.5
20.7
166.9
18.5
167.1
22.1
176.2
23.4
191.8
18.6
178.8
20.5
185.0
19.6
188.0
23.4
191.8
20.1
192.8
21.6
192.5
16
17
64.9
51.1
66.0
74.4
91.4
90.0
80.0
102.6
91.4
91.8
92.8
18
45.4
0.0
31.8
0.4
13.2
20.1
0.0
6.1
0.4
13.7
20.5
0.0
7.2
0.4
13.0
17.4
0.0
6.5
0.3
10.7
12.9
0.0
10.0
0.3
2.5
17.7
0.0
7.1
0.3
10.3
12.7
0.0
7.2
0.3
5.2
14.9
0.0
9.4
0.3
5.2
12.9
0.0
10.0
0.3
2.5
13.6
0.0
10.5
0.3
2.8
15.2
0.0
12.1
0.3
2.8
19
20
21
22
23
18
19
20
21
22
23
Miscellaneous liabilities
Memo:
Securitized assets included above
Agency- and GSE-backed securities
Home mortgages
Multifamily residential mortgages
Commercial mortgages
(1) Additional detail on financial assets and liabilities for equity and mortgage REITs is available on L.127.e and L.127.m.
87
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2217.2
2084.2
2075.1
1949.7
2068.3
2063.8
2052.9
2048.8
2068.3
2089.2
2083.0
120.1
90.7
96.9
111.8
128.2
117.4
105.2
113.5
128.2
111.6
121.8
717.4
525.3
557.5
563.2
652.3
610.7
600.5
589.1
652.3
602.7
516.9
4
5
6
65.7
190.6
242.6
41.5
123.0
110.9
36.2
94.5
149.8
42.1
183.6
147.7
29.9
246.5
169.6
43.7
203.8
148.7
34.7
201.2
169.8
33.2
190.2
165.5
29.9
246.5
169.6
30.0
202.6
153.9
29.4
165.6
125.8
4
5
6
7
8
9
Municipal securities
Corporate and foreign bonds
Other loans and advances
38.7
123.8
55.9
35.4
154.4
60.1
40.0
189.5
47.4
30.9
104.5
54.3
26.6
140.0
39.6
34.7
149.3
30.6
31.2
130.8
32.8
29.0
139.3
31.9
26.6
140.0
39.6
31.0
148.0
37.2
19.0
137.3
39.7
7
8
9
109.2
164.8
124.2
203.0
117.2
278.2
103.2
238.9
126.7
303.7
116.3
267.7
113.5
244.5
127.9
269.1
126.7
303.7
117.1
307.9
121.4
302.6
10
11
1105.7
1141.0
1025.3
932.6
857.4
951.8
989.3
949.2
857.4
949.8
1020.4
12
2158.1
1977.7
1975.8
1869.0
1976.3
1975.7
1965.6
1955.3
1976.3
1992.6
1987.7
13
470.9
404.7
215.3
189.2
251.7
219.9
169.2
189.2
203.6
183.1
14
10
11
Corporate equities
Security credit
12
Miscellaneous assets
13
Total liabilities
14
586.9
15
142.6
92.9
129.7
91.8
90.2
98.0
102.1
85.8
90.2
89.1
103.1
15
97.1
45.5
92.9
0.0
129.7
0.0
91.8
0.0
90.2
0.0
98.0
0.0
102.1
0.0
85.8
0.0
90.2
0.0
89.1
0.0
103.1
0.0
16
17
21.2
70.1
18.1
14.3
14.2
17.3
13.5
13.0
14.2
15.4
15.6
18
963.6
742.7
158.6
62.3
888.2
668.6
158.0
61.6
936.6
694.3
152.3
90.1
1073.7
752.4
189.6
131.7
1208.7
776.0
243.0
189.7
1107.8
762.3
190.8
154.7
1165.7
777.7
209.8
178.3
1213.2
780.2
241.8
191.3
1208.7
776.0
243.0
189.7
1184.2
782.6
209.0
192.6
1208.9
820.3
198.7
190.0
19
20
21
22
2.5
5.7
3.6
2.5
3.1
3.0
2.8
3.7
3.1
4.4
4.4
23
441.4
72.1
672.1
-302.8
450.0
64.4
1119.3
-733.7
483.0
88.5
1122.9
-728.3
471.4
96.3
1163.3
-788.1
470.9
103.5
1630.9
-1263.5
497.9
98.0
1351.3
-951.4
461.5
99.0
1322.9
-960.5
470.4
100.4
1514.7
-1144.8
470.9
103.5
1630.9
-1263.5
495.9
105.1
1624.9
-1234.1
472.4
106.6
1637.6
-1271.8
24
25
26
27
16
17
Corporate bonds
Depository institution loans n.e.c. (1)
18
Trade payables
19
20
21
22
Security credit
Customer credit balances (HH)
From U.S.-chartered depository institutions
From foreign banking offices in U.S.
23
Taxes payable
24
25
26
27
Miscellaneous liabilities
Foreign direct investment in U.S.
Investment by funding corporations
Other
(1) Loans extended through the Federal Reserves Primary Dealer Credit Facility (PDCF) and the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
Levels
2008
88
5
6
7
8
9
10
11
12
13
14
15
16
17
18
Levels
2
3
Treasury securities
Agency- and GSE-backed securities
Corporate and foreign bonds
Other loans and advances
Life insurance reserves
Miscellaneous assets
Net trans. with depository subs.
Net trans. with property-casualty ins. co. subs.
Net trans. with life insurance company subs.
Net trans. with finance company subs.
Net trans. with broker and dealer subs.
Net trans. with foreign subs.
Other
Total liabilities
19
20
21
22
23
24
Commercial paper
Corporate bonds
Depository institution loans n.e.c.
Miscellaneous liabilities
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2430.3
3317.2
3312.7
3357.3
4319.6
4094.8
4041.6
4250.1
4319.6
4415.0
4372.1
0.7
0.3
11.2
48.2
10.0
50.3
12.4
50.5
37.8
11.5
19.1
0.3
27.5
0.3
39.0
0.4
37.8
11.5
34.4
11.3
36.4
7.8
2
3
73.0
75.8
97.9
101.1
219.5
223.0
183.4
229.9
219.5
226.0
239.2
3.1
25.8
35.8
8.2
5.8
24.3
31.1
14.6
19.6
21.1
38.3
18.9
26.8
33.1
18.3
22.9
9.0
25.2
79.9
105.3
39.6
45.7
84.6
53.1
9.6
26.3
94.3
53.2
12.3
23.8
86.0
107.8
9.0
25.2
79.9
105.3
10.6
29.1
80.3
106.0
20.9
27.8
79.8
110.7
5
6
7
8
19.3
21.4
25.1
27.6
34.9
33.7
34.8
36.2
34.9
36.1
36.4
2337.0
1370.5
0.0
31.2
232.6
155.2
101.5
446.0
3160.6
1599.5
0.0
40.5
209.3
596.1
125.1
590.3
3129.4
1632.8
0.0
62.7
115.0
626.6
135.6
556.7
3165.9
1709.0
0.0
72.0
94.6
613.5
166.3
510.4
4015.8
1889.2
22.4
12.6
94.1
1062.2
114.7
820.7
3818.8
1782.2
27.1
159.5
90.8
799.8
185.6
773.7
3795.6
1825.7
29.7
166.5
87.3
771.3
166.1
749.0
3944.6
1871.3
25.3
93.2
86.9
948.1
154.0
765.9
4015.8
1889.2
22.4
12.6
94.1
1062.2
114.7
820.7
4107.2
1916.9
16.7
12.8
92.7
1041.0
137.2
890.0
4052.2
1880.5
16.7
12.4
93.9
1059.2
100.7
888.8
10
11
12
13
14
15
16
17
1231.5
1802.2
1760.0
1703.1
2252.4
2037.7
1948.4
2217.2
2252.4
2311.5
2276.6
18
0.7
0.6
0.8
1.2
0.0
1.1
1.1
1.2
0.0
0.0
0.0
19
807.9
1253.7
1237.2
1220.8
1418.6
1303.9
1213.9
1428.7
1418.6
1412.4
1375.0
20
77.7
638.9
91.3
60.8
1028.7
164.2
64.7
982.2
190.3
75.9
890.6
254.3
116.4
1105.3
196.8
87.2
982.3
234.5
87.0
951.2
175.7
117.0
1081.9
229.8
116.4
1105.3
196.8
117.7
1093.8
200.9
110.6
1059.2
205.2
21
22
23
422.9
548.0
522.0
481.1
833.8
732.6
733.5
787.4
833.8
899.1
901.6
24
(1) Parent only bank holding companies and savings and loan holding companies that file the Federal Reserve Board form FR Y-9LP, FR Y-9SP, or FR 2320.
89
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2761.9
2308.8
2194.7
2129.9
2232.9
2130.8
2130.8
2147.1
2232.9
2233.3
2232.0
2
3
980.5
0.0
824.1
0.1
679.4
0.1
598.8
0.1
597.6
0.1
562.6
0.1
522.7
0.1
533.9
0.1
597.6
0.1
559.9
0.0
555.7
0.0
2
3
987.9
733.2
820.9
843.4
940.4
862.5
927.8
928.5
940.4
946.6
955.8
284.7
667.3
35.9
0.0
710.2
22.9
39.4
760.1
21.4
31.6
792.4
19.4
5.6
921.9
12.9
0.9
848.4
13.2
9.9
905.4
12.4
13.9
902.7
11.9
5.6
921.9
12.9
6.2
927.5
12.9
0.3
945.3
10.2
5
6
7
0.0
25.1
26.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
793.5
276.6
516.9
726.3
203.1
523.2
667.9
171.6
496.4
687.6
137.8
549.7
694.8
126.0
568.8
705.7
154.3
551.4
680.1
128.5
551.6
684.6
117.9
566.7
694.8
126.0
568.8
726.8
142.9
583.9
720.6
142.1
578.5
9
10
11
2761.9
2308.8
2194.7
2129.9
2232.9
2130.8
2130.8
2147.1
2232.9
2233.3
2232.0
12
1252.8
816.8
704.2
651.8
593.5
642.0
617.4
600.5
593.5
625.0
619.7
13
388.0
419.9
444.9
0.0
261.7
457.8
95.3
2.0
167.1
454.6
73.4
9.2
94.3
526.2
21.5
9.8
29.0
561.5
0.0
3.0
92.2
528.4
11.9
9.5
75.8
532.7
0.0
8.9
37.0
557.4
0.0
6.1
29.0
561.5
0.0
3.0
51.7
571.0
0.0
2.3
52.1
565.4
0.0
2.2
14
15
16
17
1509.1
10.2
887.0
0.0
611.9
1492.1
10.8
856.8
1.8
622.6
1490.5
11.4
733.4
7.7
738.1
1478.1
12.0
658.7
8.8
798.6
1639.4
12.6
579.5
8.7
1038.5
1488.8
12.2
651.5
8.8
816.3
1513.4
12.3
706.5
8.7
785.9
1546.6
12.5
656.9
8.7
868.6
1639.4
12.6
579.5
8.7
1038.5
1608.4
12.8
638.6
8.7
948.3
1612.3
13.0
713.2
8.7
877.5
18
19
20
21
22
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
2009
(1) Funding subsidiaries, custodial accounts for reinvested collateral of securities lending operations, Federal Reserve lending facilities,
and funds associated with the Public-Private Investment Program (PPIP).
(2) Common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.
(3) Loans extended by the Federal Reserve to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, Commercial Paper Funding Facility LLC, and American International Group (AIG).
(4) Loans extended by the federal government to the Term Asset-Backed Securities Loan Facility (TALF) and to funds associated with PPIP.
Levels
2008
90
3
4
5
6
Total assets
8
9
10
11
12
Federal government
Monetary gold (2)
SDR holdings
Reserve position in IMF (net)
Foreign currency holdings
13
14
15
16
17
Monetary authority
Monetary gold (2)
Reserve position in IMF (net)
Foreign currency holdings
18
Levels
Total liabilities
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
74.2
175.1
175.8
183.8
181.8
184.5
181.7
184.7
181.8
175.5
174.5
7.5
55.4
54.4
54.2
54.3
54.7
53.6
54.5
54.3
52.9
53.1
66.6
9.3
7.7
49.6
119.7
57.8
11.4
50.5
121.4
56.8
12.5
52.1
129.6
55.0
22.8
51.9
127.5
55.1
22.6
49.9
129.8
55.5
23.2
51.1
128.1
54.3
23.2
50.5
130.3
55.2
23.5
51.6
127.5
55.1
22.6
49.9
122.5
53.7
21.3
47.5
121.4
53.9
20.6
46.9
3
4
5
6
85.2
186.1
186.8
194.9
192.8
195.5
192.7
195.8
192.8
186.5
185.5
41.9
0.0
9.3
7.8
24.8
94.6
0.0
57.8
11.5
25.2
95.4
0.0
56.8
12.6
26.0
103.9
0.0
55.0
23.0
25.8
102.8
0.0
55.1
22.8
24.9
104.5
0.0
55.5
23.5
25.5
103.1
0.0
54.3
23.5
25.2
104.7
0.0
55.2
23.7
25.8
102.8
0.0
55.1
22.8
24.9
99.0
0.0
53.7
21.5
23.8
98.2
0.0
53.9
20.8
23.4
8
9
10
11
12
7.5
55.4
54.4
54.2
54.3
54.7
53.6
54.5
54.3
52.9
53.1
13
35.7
11.0
-0.1
24.8
36.2
11.0
-0.1
25.3
37.0
11.0
-0.1
26.1
36.8
11.0
-0.3
26.0
35.8
11.0
-0.2
25.0
36.4
11.0
-0.3
25.6
36.1
11.0
-0.3
25.3
36.6
11.0
-0.2
25.8
35.8
11.0
-0.2
25.0
34.5
11.0
-0.3
23.7
34.3
11.0
-0.3
23.5
14
15
16
17
-11.0
-11.0
-11.0
-11.0
-11.0
-11.0
-11.0
-11.0
-11.0
-11.0
-11.0
18
(1) Includes federal government liability to IMF for special drawing rights (SDRs) allocations and accrued interest.
(2) By international accounting standards, monetary gold is a financial asset for which there is no corresponding liability.
2.2
2.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
5.2
1
2
Treasury currency:
3
4
26.6
38.7
26.2
42.7
25.9
43.5
25.9
44.2
25.9
44.8
25.9
44.4
25.9
44.5
25.9
44.6
25.9
44.8
25.9
45.0
25.9
45.1
3
4
Discrepancy (seigniorage)
-12.1
-16.5
-17.6
-18.3
-18.8
-18.5
-18.6
-18.7
-18.8
-19.0
-19.2
2
3
4
5
946.7
835.9
826.6
780.3
750.1
765.0
737.1
772.3
750.1
774.3
861.9
56.9
24.7
85.6
50.2
31.5
97.1
49.7
40.6
105.9
46.9
34.8
42.9
45.1
13.3
43.3
46.0
21.8
40.1
44.3
10.4
33.0
46.4
9.9
40.2
45.1
13.3
43.3
46.5
28.7
48.7
51.8
39.5
37.1
2
3
4
779.5
657.0
630.4
655.6
648.4
657.2
649.5
675.8
648.4
650.3
733.5
91
1
2
3
4
5
6
7
8
9
10
11
12
13
Total liabilities
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
Total assets
Rest of the world
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Credit unions
Discrepancy
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1922.9
1325.6
1189.3
2016.0
1831.4
2027.5
1999.3
1934.8
1831.4
2253.6
2715.7
917.7
1238.0
-163.7
-3.2
-65.9
1031.9
697.2
-322.5
-4.2
-76.8
1020.8
480.9
-274.4
-3.3
-34.7
1623.1
233.7
222.2
-4.6
-58.4
1562.1
129.7
210.2
-4.9
-65.7
1606.4
272.0
205.3
-4.4
-51.8
1563.6
236.2
265.3
-4.6
-61.3
1496.7
246.3
263.7
-5.3
-66.5
1562.1
129.7
210.2
-4.9
-65.7
1850.0
199.0
274.0
-4.6
-64.7
2073.5
233.0
480.3
-5.3
-65.8
2
3
4
5
6
1940.4
1320.5
1165.5
1989.6
1777.4
1997.5
1982.3
1869.9
1777.4
2170.4
2661.3
464.5
558.2
674.1
239.0
4.7
194.0
94.5
725.0
284.1
22.8
145.9
-1.2
633.1
350.8
36.9
367.0
-0.4
866.0
711.0
46.1
215.7
-0.4
869.6
638.8
53.8
391.8
-0.7
860.1
679.1
67.2
419.3
-0.6
820.2
687.8
55.7
373.7
-0.5
778.4
670.6
47.7
215.7
-0.4
869.6
638.8
53.8
321.0
-0.6
1040.7
741.3
68.0
588.4
-0.6
1061.4
959.6
52.5
8
9
10
11
12
-17.5
5.1
23.8
26.4
54.0
30.0
17.0
64.9
54.0
83.2
54.4
13
14
15
Vault cash:
Liab.: Monetary authority
Asset: U.S.-chartered depository institutions
57.7
57.7
54.9
54.9
52.7
52.7
60.8
60.8
71.1
71.1
56.5
56.5
56.6
56.6
56.3
56.3
71.1
71.1
59.6
59.6
60.2
60.2
14
15
16
17
18
19
860.0
616.4
239.0
4.7
977.0
670.1
284.1
22.8
968.1
580.4
350.8
36.9
1562.3
805.2
711.0
46.1
1491.0
798.5
638.8
53.8
1549.9
803.6
679.1
67.2
1507.0
763.5
687.8
55.7
1440.4
722.1
670.6
47.7
1491.0
798.5
638.8
53.8
1790.4
981.1
741.3
68.0
2013.3
1001.2
959.6
52.5
16
17
18
19
20
21
22
23
558.2
558.2
-1.5
559.7
94.5
94.5
-2.1
96.6
-1.2
-1.2
-1.4
0.2
-0.4
-0.4
-0.6
0.2
-0.4
-0.4
-0.5
0.1
-0.7
-0.7
-0.7
0.0
-0.6
-0.6
-0.7
0.1
-0.5
-0.5
-0.6
0.1
-0.4
-0.4
-0.5
0.1
-0.6
-0.6
-0.6
0.0
-0.6
-0.6
-0.7
0.1
20
21
22
23
24
25
26
668.8
782.2
113.3
559.6
760.8
201.3
476.2
783.5
307.3
186.2
565.3
379.0
89.6
377.8
288.2
223.4
526.8
303.4
192.2
483.3
291.2
196.7
458.2
261.5
89.6
377.8
288.2
148.0
391.3
243.2
195.2
396.0
200.8
24
25
26
27
28
29
-179.6
536.4
716.1
-350.9
538.9
889.8
-306.9
635.6
942.5
201.2
829.1
627.9
144.7
806.8
662.1
187.0
876.0
688.9
244.8
843.9
599.1
193.5
846.1
652.6
144.7
806.8
662.1
190.5
838.1
647.6
410.5
953.8
543.3
27
28
29
30
31
32
24.7
24.5
0.3
14.6
9.3
5.4
23.4
14.9
8.5
20.4
13.4
7.0
18.6
10.4
8.2
18.7
10.4
8.3
17.7
10.9
6.7
16.5
9.3
7.2
18.6
10.4
8.2
17.5
10.7
6.8
17.2
11.1
6.1
30
31
32
464.5
194.0
145.9
367.0
215.7
391.8
419.3
373.7
215.7
321.0
588.4
33
35.4
117.5
65.8
3.2
65.9
52.4
129.8
43.7
4.2
76.8
20.8
103.7
41.9
3.3
34.7
61.4
131.2
41.9
4.6
58.4
51.0
170.2
45.6
4.9
65.7
59.8
133.6
47.3
4.4
51.8
55.6
132.2
49.3
4.6
61.3
59.3
186.4
49.6
5.3
66.5
51.0
170.2
45.6
4.9
65.7
62.3
191.9
39.3
4.6
64.7
49.5
167.8
42.3
5.3
65.8
34
35
36
37
38
82.1
77.4
82.9
69.8
119.2
73.8
76.6
127.0
119.2
129.6
118.2
39
-17.5
5.1
23.8
26.4
54.0
30.0
17.0
64.9
54.0
83.2
54.4
40
33
34
35
36
37
38
39
40
Levels
Memo:
92
1
2
3
4
5
6
Monetary authority
Federal government cash and deposits
Due to government-sponsored enterprises
Deposits due to foreign
Currency outside banks
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2101.3
2093.4
2359.8
2594.3
2857.8
2520.5
2594.3
2640.4
2857.8
2878.1
2898.4
1220.3
365.7
21.1
1.4
832.2
1102.7
191.9
35.1
2.4
873.3
1287.8
340.9
13.5
3.4
930.0
1165.7
85.9
64.6
0.2
1015.0
1224.6
92.9
27.2
6.5
1098.1
1122.7
43.6
36.9
0.2
1042.1
1178.4
91.5
29.9
1.6
1055.3
1185.9
85.6
22.6
5.7
1072.1
1224.6
92.9
27.2
6.5
1098.1
1226.1
79.4
20.2
9.2
1117.3
1298.1
135.0
19.5
10.1
1133.6
2
3
4
5
6
777.5
3.5
62.9
711.1
871.6
3.8
34.3
833.5
941.1
3.6
30.4
907.0
1260.5
1.0
56.1
1203.5
1435.6
1.3
51.8
1382.4
1219.8
1.3
52.7
1165.8
1232.0
1.2
51.5
1179.3
1267.7
1.1
52.7
1214.0
1435.6
1.3
51.8
1382.4
1441.7
1.5
46.1
1394.1
1378.8
1.3
40.5
1336.9
7
8
9
10
7
8
9
10
11
12
13
13.5
4.7
8.8
16.1
10.5
5.6
21.9
14.6
7.3
45.6
19.0
26.6
61.8
27.9
33.9
44.3
18.9
25.4
48.9
20.8
28.1
53.9
22.6
31.2
61.8
27.9
33.9
63.7
28.5
35.1
73.4
32.3
41.2
11
12
13
14
14.6
16.1
16.6
19.4
21.9
19.5
22.3
20.9
21.9
22.1
26.3
14
15
Credit unions
75.3
86.9
92.4
103.1
113.9
114.1
112.7
111.9
113.9
124.5
121.8
15
2101.3
2093.4
2359.8
2594.3
2857.8
2520.5
2594.3
2640.4
2857.8
2878.1
2898.4
16
16
Levels
Total liabilities
2009
Total assets
17
Household sector
364.9
400.6
425.2
749.2
820.8
720.0
703.2
698.9
820.8
817.7
793.1
17
18
19
20
Nonfinancial business
Corporate
Noncorporate
533.6
14.2
519.4
689.3
155.0
534.3
766.1
234.6
531.5
798.5
269.0
529.5
906.4
363.4
543.0
817.7
285.7
532.0
852.3
317.6
534.8
887.4
349.4
538.0
906.4
363.4
543.0
952.7
407.7
545.0
934.2
385.8
548.4
18
19
20
21
22
79.9
368.0
99.1
193.6
104.6
342.1
121.3
84.3
117.7
92.0
118.9
42.0
116.9
89.3
111.5
83.4
117.7
92.0
115.1
79.4
112.5
135.2
21
22
23
24
25
370.1
69.0
301.1
361.0
47.2
313.8
390.5
48.4
342.1
472.3
75.2
397.1
540.4
86.2
454.2
486.9
71.8
415.1
496.2
73.9
422.3
519.4
81.0
438.4
540.4
86.2
454.2
543.1
83.9
459.2
551.5
82.8
468.7
23
24
25
26
Financial sectors
378.3
343.6
325.6
362.1
373.5
328.3
329.2
332.7
373.5
365.5
367.0
26
27
28
27.9
82.8
27.6
50.7
32.6
51.7
24.1
53.7
36.4
56.4
29.1
52.9
29.3
56.1
32.9
53.5
36.4
56.4
31.7
57.1
30.6
47.3
27
28
29
30
13.4
3.5
10.4
3.5
12.6
4.1
18.3
4.5
18.0
4.3
18.0
4.5
17.8
4.4
17.6
4.4
18.0
4.3
17.9
4.3
18.4
4.3
29
30
31
32
7.5
88.3
17.9
99.4
14.2
63.4
20.1
72.7
16.5
52.6
3.2
42.5
6.0
52.9
11.3
36.1
16.5
52.6
10.9
64.1
27.5
51.7
31
32
33
34
35
Finance companies
REITs
Brokers and dealers
16.5
18.4
120.1
17.0
26.3
90.7
26.5
23.5
96.9
31.4
25.6
111.8
28.0
33.1
128.2
31.0
29.8
117.4
28.6
29.0
105.2
30.6
32.7
113.5
28.0
33.1
128.2
28.9
38.9
111.6
29.4
36.1
121.8
33
34
35
6.4
6.3
5.7
6.5
7.0
6.6
7.2
7.0
7.0
4.5
4.8
36
36
Mail float
93
2010
2011
2012
2012
Q1
1
2
3
4
5
6
7
8
9
10
11
12
Total liabilities
Small time and savings deposits
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
Large time deposits (1)
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
Total assets
Q2
2013
Q3
Q4
Q1
Q2
7940.9
8316.3
8432.4
8805.2
9312.4
8914.8
8968.0
9080.4
9312.4
9360.1
9418.6
5749.3
6326.5
6624.9
7202.2
7803.9
7410.5
7456.9
7595.4
7803.9
7869.1
7890.8
5144.6
25.6
27.4
551.7
5617.0
29.9
24.5
655.2
5888.6
35.7
19.3
681.3
6425.7
48.9
18.9
708.7
6979.3
62.7
18.8
743.1
6598.7
57.9
18.7
735.2
6636.4
62.1
19.6
738.8
6775.6
62.4
18.5
738.9
6979.3
62.7
18.8
743.1
7018.7
67.9
19.1
763.4
7032.7
70.7
20.6
766.8
3
4
5
6
2191.6
1989.8
1807.5
1603.0
1508.5
1504.3
1511.1
1485.0
1508.5
1491.0
1527.7
1309.2
784.7
27.4
70.4
979.4
958.6
24.5
27.3
849.1
909.0
19.3
30.1
813.9
736.6
18.9
33.5
738.2
711.8
18.8
39.7
743.4
706.8
18.7
35.3
777.4
678.2
19.6
35.9
749.1
679.8
18.5
37.5
738.2
711.8
18.8
39.7
708.9
721.6
19.1
41.3
736.4
729.3
20.6
41.4
8
9
10
11
7940.9
8316.3
8432.4
8805.2
9312.4
8914.8
8968.0
9080.4
9312.4
9360.1
9418.6
12
6115.0
6278.1
6395.8
6749.9
7114.3
6863.3
6922.2
6957.9
7114.3
7172.2
7203.4
13
13
Household sector
14
15
16
Nonfinancial business
Corporate
Noncorporate
740.0
381.9
358.1
842.1
488.8
353.3
905.0
548.7
356.2
923.4
563.0
360.4
949.5
584.9
364.7
934.6
573.8
360.9
930.4
568.9
361.5
940.3
577.9
362.5
949.5
584.9
364.7
959.3
593.3
366.0
965.2
596.8
368.4
14
15
16
17
18
19
238.9
1.6
273.1
248.1
1.9
230.0
241.3
2.0
246.9
255.7
1.7
280.0
289.8
2.0
326.4
273.9
2.0
271.5
269.3
2.2
285.2
282.3
2.1
297.1
289.8
2.0
326.4
295.2
1.6
309.0
294.5
1.8
312.2
17
18
19
20
Financial sectors
572.4
716.1
641.5
594.6
630.4
569.4
558.8
600.8
630.4
622.7
641.4
20
30.2
26.9
396.8
33.0
28.5
566.6
32.1
34.9
458.9
33.4
38.5
402.7
31.6
37.2
435.4
32.5
38.1
375.5
32.3
37.6
365.8
32.0
37.4
396.9
31.6
37.2
435.4
31.6
37.1
429.4
31.2
36.6
444.3
21
22
23
68.5
49.4
0.7
25.7
51.0
11.2
26.1
79.6
10.0
13.4
94.2
12.4
4.3
84.0
37.8
11.1
93.1
19.1
9.8
85.8
27.5
3.7
91.8
39.0
4.3
84.0
37.8
3.6
86.7
34.4
4.8
88.1
36.4
24
25
26
21
22
23
24
25
26
Government-sponsored enterprises
Finance companies
Holding companies
(1) Large time deposits are those issued in amounts of $100,000 or more.
Total assets
2
3
4
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
5
6
7
8
3757.3
3258.6
2755.4
2642.5
2649.6
2535.5
2467.9
2506.9
2649.6
2554.0
2541.9
1506.8
727.0
75.4
1240.8
655.5
73.7
1054.1
497.8
76.8
1026.4
462.4
77.7
1017.6
458.3
78.6
965.1
445.2
77.8
935.3
433.5
78.0
955.1
440.5
78.2
1017.6
458.3
78.6
963.1
448.6
78.9
977.1
437.2
79.5
2
3
4
126.1
69.7
135.9
76.9
149.6
69.8
149.2
79.5
140.7
114.5
146.9
91.6
146.6
107.6
145.2
110.8
140.7
114.5
141.5
116.8
141.0
117.4
5
6
32.8
39.2
29.6
33.7
25.6
21.0
20.0
28.8
23.8
24.0
20.9
27.4
21.8
26.2
22.8
25.1
23.8
24.0
22.7
28.0
20.5
20.6
7
8
9
10
156.2
43.7
147.4
40.9
137.3
44.0
153.7
46.0
150.0
44.5
152.3
45.6
151.2
45.0
150.7
44.7
150.0
44.5
150.1
44.3
149.2
43.8
9
10
11
Funding corporations
980.5
824.1
679.4
598.8
597.6
562.6
522.7
533.9
597.6
559.9
555.7
11
Levels
2008
94
Monetary authority
3
4
5
6
7
8
9
10
11
12
Levels
Total liabilities
REITs
Brokers and dealers (net)
Holding companies
Total assets
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1262.5
1496.9
1276.0
1148.0
1122.9
1194.6
1181.9
1149.0
1122.9
1126.9
1054.7
88.4
77.7
59.7
99.9
107.2
96.7
85.5
92.7
107.2
105.5
95.2
491.8
359.6
130.0
2.3
844.2
674.1
170.3
-0.1
678.7
455.5
223.2
-0.0
605.5
347.9
273.4
-15.9
493.5
209.8
293.4
-9.7
575.1
308.2
287.8
-20.9
584.2
301.8
295.3
-12.9
552.7
273.1
288.2
-8.6
493.5
209.8
293.4
-9.7
482.5
189.1
293.9
-0.4
453.4
174.1
279.5
-0.2
3
4
5
6
2.4
12.9
0.6
12.4
1.5
10.3
0.4
10.4
0.8
13.5
0.5
10.8
0.5
11.7
0.6
12.7
0.8
13.5
1.1
13.7
1.4
13.8
7
8
79.4
586.9
0.7
90.4
470.9
0.6
120.5
404.7
0.8
215.4
215.3
1.2
318.7
189.2
0.0
258.7
251.7
1.1
279.1
219.9
1.1
319.9
169.2
1.2
318.7
189.2
0.0
320.6
203.6
0.0
307.8
183.1
0.0
9
10
11
1132.3
989.1
878.5
865.1
1021.9
920.9
943.3
1021.9
1021.9
1107.1
1066.6
12
13
14
7.2
130.1
7.9
125.9
12.1
124.5
12.6
117.6
10.4
111.0
14.0
115.9
13.9
115.6
11.2
114.5
10.4
111.0
10.0
111.6
11.8
111.2
13
14
15
16
114.9
80.0
31.0
0.0
-96.1
0.0
-44.9
0.0
-84.8
0.0
-78.8
0.0
-115.9
0.0
-95.1
0.0
-84.8
0.0
-11.4
0.0
-1.5
0.0
15
16
17
18
4.4
8.0
4.5
10.2
3.8
10.9
1.7
10.1
1.9
7.4
1.8
8.2
1.8
7.9
1.8
7.7
1.9
7.4
1.8
8.7
1.6
8.9
17
18
19
20
2.8
3.0
2.9
3.0
2.7
3.4
2.7
3.6
2.6
3.5
2.7
3.6
2.6
3.5
2.8
3.5
2.6
3.5
2.6
3.5
2.5
3.5
19
20
21
22
542.4
124.7
480.0
153.3
479.4
137.5
490.5
108.7
544.7
262.7
498.2
247.9
514.9
259.6
513.2
286.8
544.7
262.7
470.7
304.9
450.4
319.1
21
22
23
24
25
114.5
0.3
0.0
122.1
48.2
0.1
150.0
50.3
0.1
111.9
50.5
0.1
150.8
11.5
0.1
107.2
0.3
0.1
138.7
0.3
0.1
174.9
0.4
0.1
150.8
11.5
0.1
193.4
11.3
0.0
151.3
7.8
0.0
23
24
25
130.1
507.8
397.6
282.9
101.1
273.7
238.6
127.1
101.1
19.9
-11.9
26
26
Discrepancy--unallocated assets
95
1
2
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1599.8
1138.0
1057.6
969.3
952.4
994.4
962.0
957.3
952.4
1001.2
990.6
1599.3
1137.4
1057.5
969.2
952.4
994.4
962.0
957.3
952.4
1001.2
990.6
131.5
58.4
82.9
116.3
130.3
127.6
132.1
136.0
130.3
140.1
147.2
4
5
6
342.0
49.7
292.3
401.3
34.5
366.8
398.6
30.6
368.0
345.1
30.2
314.9
373.0
40.4
332.6
362.6
32.8
329.8
357.4
40.7
316.7
366.7
39.2
327.5
373.0
40.4
332.6
407.4
34.4
373.0
417.4
51.2
366.2
4
5
6
1125.8
0.0
559.3
100.9
0.0
77.7
388.0
677.6
0.0
293.1
62.1
0.0
60.8
261.7
575.9
112.9
120.2
111.0
0.0
64.7
167.1
507.8
120.6
96.0
121.0
0.0
75.9
94.3
449.1
87.5
87.0
129.1
0.0
116.4
29.0
504.2
104.3
97.7
122.8
0.0
87.2
92.2
472.6
102.1
85.2
122.5
0.0
87.0
75.8
454.6
90.7
86.8
123.1
0.0
117.0
37.0
449.1
87.5
87.0
129.1
0.0
116.4
29.0
453.8
74.4
88.0
121.8
0.0
117.7
51.7
426.0
64.2
79.6
119.6
0.0
110.6
52.1
7
8
9
10
11
12
13
0.5
0.6
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
14
0.5
0.0
0.6
0.0
0.1
0.0
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
15
16
1599.8
1138.0
1057.6
969.3
952.4
994.4
962.0
957.3
952.4
1001.2
990.6
17
6.0
57.3
22.7
56.0
21.1
68.0
19.4
68.0
19.0
60.5
19.9
58.5
19.2
58.0
19.1
60.4
19.0
60.5
20.0
57.2
15.4
57.4
18
19
127.9
232.9
88.8
191.5
101.7
191.0
90.6
191.7
85.5
195.2
89.3
203.3
89.1
188.9
88.2
190.2
85.5
195.2
86.0
203.9
85.7
199.6
20
21
7
8
9
10
11
12
13
14
15
16
17
Financial business
U.S.-chartered depository institutions
ABS issuers
Finance companies
REITs
Holding companies
Funding corporations
Bankers acceptances (1)
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Holdings, by sector
18
19
Household sector
Nonfinancial corporate business
20
21
22
23
24
25
Monetary authority
U.S.-chartered depository institutions (1)
Foreign banking offices in U.S. (1)
Credit unions
0.0
15.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
22
23
24
25
26
27
19.1
38.3
9.8
49.8
7.9
40.9
8.8
29.7
7.4
44.7
8.4
33.1
8.1
35.0
7.8
37.4
7.4
44.7
7.5
50.5
6.8
46.9
26
27
28
29
44.3
31.0
45.3
32.1
42.6
38.4
44.7
41.9
42.3
40.5
44.6
41.6
44.9
41.0
42.9
40.8
42.3
40.5
42.8
40.4
42.1
39.9
28
29
30
31
618.5
51.6
510.5
80.2
394.2
66.3
354.2
40.0
340.8
77.5
355.5
90.4
326.5
101.0
319.4
99.8
340.8
77.5
351.1
101.6
356.6
106.4
30
31
32
33
34
Government-sponsored enterprises
Brokers and dealers
Funding corporations
6.8
65.7
284.7
9.7
41.5
0.0
9.9
36.2
39.4
6.5
42.1
31.6
3.4
29.9
5.6
5.2
43.7
0.9
5.7
34.7
9.9
4.2
33.2
13.9
3.4
29.9
5.6
4.2
30.0
6.2
4.3
29.4
0.3
32
33
34
Levels
2008
96
1
2
3
4
Levels
Total liabilities
Savings bonds
Treasury bills
Other Treasury securities
Total assets
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
6338.2
7781.9
9361.5
10428.3
11568.9
10827.5
11025.6
11255.5
11568.9
11905.5
11887.9
194.0
1861.2
4283.0
191.2
1787.9
5802.8
187.9
1768.9
7404.7
185.2
1519.5
8723.7
182.4
1626.5
9760.0
184.7
1672.6
8970.1
184.3
1594.4
9246.9
183.6
1613.0
9458.9
182.4
1626.5
9760.0
181.7
1788.2
9935.6
180.9
1568.1
10139.0
2
3
4
6338.2
7781.9
9361.5
10428.3
11568.9
10827.5
11025.6
11255.5
11568.9
11905.5
11887.9
6
7
8
Household sector
Savings bonds
Bills and other Treasury securities
193.7
194.0
-0.3
868.5
191.2
677.3
1220.9
187.9
1033.0
828.2
185.2
643.0
1108.9
182.4
926.5
944.2
184.7
759.4
990.8
184.3
806.4
1010.4
183.6
826.8
1108.9
182.4
926.5
1162.6
181.7
980.9
1192.8
180.9
1012.0
6
7
8
9
10
11
30.5
51.8
602.4
43.0
46.1
585.1
48.0
48.1
591.9
43.2
48.6
545.4
50.4
49.2
533.6
41.7
48.7
540.2
51.7
48.8
548.6
56.2
48.9
541.3
50.4
49.2
533.6
41.7
49.4
531.0
48.1
49.7
526.6
9
10
11
12
13
14
3253.0
758.0
2495.0
3670.6
750.4
2920.2
4458.8
710.3
3748.5
5006.9
647.7
4359.2
5573.8
661.7
4912.1
5147.6
634.2
4513.5
5313.5
630.1
4683.4
5475.4
679.1
4796.3
5573.8
661.7
4912.1
5721.8
720.2
5001.5
5600.6
674.7
4925.9
12
13
14
15
16
17
Monetary authority
Treasury bills
Other Treasury securities
475.9
18.4
457.5
776.6
18.4
758.2
1021.5
18.4
1003.1
1663.4
18.4
1645.0
1666.1
0.0
1666.1
1661.1
18.4
1642.7
1659.9
18.4
1641.5
1645.3
0.0
1645.3
1666.1
0.0
1666.1
1796.0
0.0
1796.0
1936.6
0.0
1936.6
15
16
17
18
19
20
21
56.4
35.5
1.2
8.8
124.5
57.5
0.5
14.2
217.5
60.9
1.1
20.1
173.9
60.5
1.0
17.6
243.2
76.6
0.4
19.3
187.8
71.6
0.9
20.3
212.5
61.0
1.3
19.9
227.8
77.3
1.0
20.9
243.2
76.6
0.4
19.3
230.3
79.5
0.4
19.2
194.0
66.9
0.4
19.4
18
19
20
21
22
23
24
65.6
10.8
54.8
88.5
15.8
72.8
91.7
15.5
76.2
96.4
17.4
78.9
90.2
14.9
75.4
94.5
16.7
77.8
92.8
16.1
76.7
91.4
15.5
75.9
90.2
14.9
75.4
90.2
14.4
75.8
89.0
13.0
76.0
22
23
24
25
26
27
105.7
20.1
85.6
133.5
13.9
119.6
156.6
10.2
146.4
167.1
14.0
153.1
171.8
9.5
162.3
168.9
12.2
156.7
167.8
10.7
157.1
170.3
9.4
160.8
171.8
9.5
162.3
173.7
9.5
164.2
172.0
6.9
165.1
25
26
27
28
29
30
147.4
129.9
112.4
182.4
151.9
119.8
215.6
160.0
129.8
243.4
173.3
147.7
291.1
214.5
160.0
262.6
189.4
148.3
270.9
195.7
151.6
282.7
203.8
154.1
291.1
214.5
160.0
306.1
225.9
159.0
318.6
241.1
160.3
28
29
30
31
32
33
577.7
478.7
98.9
406.4
318.5
87.9
335.4
234.5
100.9
443.3
263.7
179.7
457.8
282.8
175.0
473.8
285.4
188.4
444.6
239.8
204.9
456.3
245.0
211.3
457.8
282.8
175.0
470.5
276.1
194.3
449.0
223.2
225.7
31
32
33
34
35
36
Mutual funds
Closed-end funds
Exchange-traded funds
177.4
3.2
27.1
247.4
4.4
41.8
290.7
5.1
51.0
361.4
4.8
62.4
445.2
5.2
63.6
384.5
5.1
62.0
409.5
5.0
67.3
426.6
5.2
62.7
445.2
5.2
63.6
471.3
5.7
62.8
469.9
5.6
64.1
34
35
36
37
38
Government-sponsored enterprises
ABS issuers
16.8
72.2
36.6
53.9
82.6
40.1
100.2
29.2
69.0
23.4
104.9
25.9
77.0
24.8
72.3
23.2
69.0
23.4
74.6
20.5
75.5
21.2
37
38
39
40
190.6
3.1
123.0
5.8
94.5
19.6
183.6
26.8
246.5
9.0
203.8
39.6
201.2
9.6
190.2
12.3
246.5
9.0
202.6
10.6
165.6
20.9
39
40
6361.5
7805.4
9385.6
10453.6
11593.7
10851.9
11050.1
11279.9
11593.7
11930.1
11912.9
41
Memo:
41
(1) Total Treasury securities (line 1) plus budget agency securities (table L.210, line 2) and federal mortgage debt (table L.217, line 11).
97
1
2
3
4
5
Total liabilities
Budget agencies
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
Total assets
6
7
Household sector
Nonfinancial corporate business
8
9
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
8166.7
8106.8
7598.2
7577.4
7554.6
7533.0
7541.7
7543.9
7554.6
7590.8
7648.4
23.3
3181.9
4961.4
23.5
2706.6
5376.7
24.2
6434.5
1139.5
25.3
6247.3
1304.8
24.9
6092.7
1437.0
24.4
6178.6
1329.9
24.5
6139.8
1377.3
24.4
6111.5
1408.0
24.9
6092.7
1437.0
24.6
6103.5
1462.7
25.0
6137.6
1485.8
2
3
4
8166.7
8106.8
7598.2
7577.4
7554.6
7533.0
7541.7
7543.9
7554.6
7590.8
7648.4
1050.2
10.2
347.1
14.3
264.2
16.0
227.0
14.4
75.1
11.8
139.2
13.9
144.8
14.7
116.6
16.2
75.1
11.8
14.0
3.9
32.4
6.0
6
7
479.7
54.4
489.5
196.4
511.8
149.2
497.8
31.1
469.6
0.0
490.4
1.5
489.3
0.0
484.5
0.0
469.6
0.0
472.3
0.0
470.5
0.0
8
9
10
11
1406.9
19.7
1154.9
1068.3
1084.0
1139.6
1080.6
941.7
1004.7
1003.4
1060.4
933.3
1020.3
946.5
1028.5
918.4
1004.7
1003.4
940.3
1143.4
875.5
1277.3
10
11
12
13
14
15
1242.5
50.6
24.4
82.9
1417.4
31.3
20.5
110.7
1527.2
26.5
12.8
151.5
1634.1
30.6
4.8
182.1
1669.7
32.1
2.6
197.0
1699.2
29.0
5.1
195.7
1668.4
32.3
4.8
200.6
1672.7
30.2
4.0
198.5
1669.7
32.1
2.6
197.0
1710.5
27.7
2.4
206.2
1725.7
26.1
2.2
206.6
12
13
14
15
16
17
114.3
366.2
116.2
371.9
115.8
376.0
122.7
374.7
113.6
361.6
120.0
373.4
117.4
365.5
115.3
364.8
113.6
361.6
114.3
359.2
114.6
350.1
16
17
18
19
20
190.3
160.6
5.2
184.0
157.6
5.2
190.4
159.4
5.8
193.8
166.5
6.5
210.7
184.1
7.2
202.0
174.5
7.0
204.8
177.9
7.6
206.6
179.7
7.1
210.7
184.1
7.2
213.0
186.2
6.6
216.8
189.1
6.1
18
19
20
21
22
23
756.2
559.8
910.0
543.0
613.8
924.5
402.8
769.9
377.0
403.7
879.9
358.9
343.5
1006.1
310.6
327.3
919.1
347.7
334.6
956.1
342.4
331.4
980.7
323.9
343.5
1006.1
310.6
325.6
1038.1
300.6
345.0
1033.7
292.5
21
22
23
24
25
ABS issuers
REITs
324.7
89.6
99.9
105.1
3.9
143.3
0.8
244.7
0.1
356.2
0.6
299.4
0.2
317.3
0.1
375.4
0.1
356.2
0.0
343.4
0.0
324.5
24
25
26
27
242.6
25.8
110.9
24.3
149.8
21.1
147.7
33.1
169.6
25.2
148.7
45.7
169.8
26.3
165.5
23.8
169.6
25.2
153.9
29.1
125.8
27.8
26
27
(1) Agency- and GSE-backed securities include: issues of federal budget agencies (line 2) such as those for the TVA; issues of government sponsored enterprises (line 3) such as Fannie Mae and FHLB;
and agency- and GSE-backed mortgage pool securities issued by GNMA, Fannie Mac, Freddie Mac, and the Farmers Home Administration (line 4). Only the budget agency issues are considered
officially to be part of the total debt of the federal government, which is shown in table L.209, line 41.
Levels
2008
98
2009
2010
2011
2012
2012
Q1
5
6
Levels
Total liabilities
2
3
4
Total assets
Q2
2013
Q3
Q4
Q1
Q2
3517.2
3672.5
3772.1
3719.4
3714.4
3720.0
3732.4
3719.4
3714.4
3728.6
3721.1
2842.7
55.8
2786.9
2954.9
63.6
2891.3
3023.6
63.0
2960.6
2970.0
52.3
2917.6
2964.3
56.1
2908.2
2970.9
51.9
2919.0
2977.7
43.4
2934.3
2969.7
55.7
2914.0
2964.3
56.1
2908.2
2978.9
54.5
2924.4
2970.4
39.4
2931.0
2
3
4
259.5
415.0
265.4
452.2
263.2
485.4
255.5
493.9
241.0
509.1
253.8
495.2
249.5
505.3
245.6
504.1
241.0
509.1
239.4
510.4
235.7
515.0
5
6
3517.2
3672.5
3772.1
3719.4
3714.4
3720.0
3732.4
3719.4
3714.4
3728.6
3721.1
1720.9
26.2
4.9
1827.9
27.1
5.1
1871.7
23.9
5.6
1806.8
22.5
5.7
1657.0
34.8
5.8
1780.8
25.8
5.7
1774.4
24.9
5.7
1709.0
29.2
5.7
1657.0
34.8
5.8
1662.6
20.9
5.8
1647.1
28.5
5.8
8
9
10
10.4
51.0
11.5
58.7
12.8
71.7
12.9
70.3
12.1
65.4
12.7
71.6
12.6
70.1
12.5
72.7
12.1
65.4
12.2
63.7
12.1
59.2
11
12
8
9
10
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
11
12
13
14
15
16
221.9
0.0
2.5
0.0
224.3
0.0
3.5
0.0
254.6
0.0
2.5
0.0
297.3
0.0
3.4
3.2
363.1
0.0
2.6
4.2
307.2
0.0
3.4
4.7
327.4
0.0
2.8
3.9
350.0
0.0
2.8
3.8
363.1
0.0
2.6
4.2
374.2
0.0
2.7
5.3
390.3
0.0
2.7
5.0
13
14
15
16
17
18
19
381.9
47.1
1.3
369.4
73.1
1.4
348.4
112.3
2.2
331.0
121.6
3.1
327.6
131.2
5.0
329.2
124.8
3.5
327.5
125.1
4.1
327.0
128.7
4.4
327.6
131.2
5.0
329.5
131.9
5.3
330.4
132.8
5.8
17
18
19
20
21
22
23
509.5
389.4
77.9
2.3
440.1
478.8
81.2
5.9
386.7
525.5
81.6
7.6
357.3
541.2
82.5
8.6
336.7
627.4
85.8
12.3
341.2
561.9
83.1
9.7
325.4
583.7
83.6
10.5
320.1
610.5
84.5
11.3
336.7
627.4
85.8
12.3
312.6
646.6
86.3
13.0
309.6
641.2
85.5
12.5
20
21
22
23
24
25
Government-sponsored enterprises
Brokers and dealers
31.3
38.7
29.1
35.4
24.9
40.0
21.0
30.9
17.0
26.6
20.2
34.7
19.4
31.2
18.1
29.0
17.0
26.6
24.9
31.0
33.5
19.0
24
25
99
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
11169.7
11654.0
11857.9
12152.6
12922.2
12353.0
12346.1
12671.9
12922.2
13030.0
13026.2
2
3
3954.5
1237.3
4366.2
1570.3
4804.8
1731.3
5215.6
1939.9
5795.2
2140.7
5346.4
1960.5
5452.9
1946.5
5599.7
2052.0
5795.2
2140.7
5937.7
2174.6
6077.4
2088.8
2
3
Financial sectors
5977.9
5717.5
5321.8
4997.1
4986.4
5046.1
4946.7
5020.2
4986.4
4917.7
4860.0
184.8
3541.7
924.5
171.0
176.3
2994.5
837.5
129.8
436.8
2110.7
1078.2
129.7
415.8
1888.0
1039.5
145.1
415.8
1681.1
961.2
171.2
427.2
1826.5
1031.1
152.6
414.4
1777.8
1009.6
158.9
409.9
1714.5
1007.1
163.5
415.8
1681.1
961.2
171.2
413.9
1620.6
956.1
173.1
411.5
1588.5
952.8
179.5
5
6
7
8
97.1
638.9
419.9
92.9
1028.7
457.8
129.7
982.2
454.6
91.8
890.6
526.2
90.2
1105.3
561.5
98.0
982.3
528.4
102.1
951.2
532.7
85.8
1081.9
557.4
90.2
1105.3
561.5
89.1
1093.8
571.0
103.1
1059.2
565.4
9
10
11
11169.7
11654.0
11857.9
12152.6
12922.2
12353.0
12346.1
12671.9
12922.2
13030.0
13026.2
12
1952.7
153.2
0.0
2353.5
584.0
1769.5
2299.2
156.5
0.6
2465.3
484.8
1980.5
2270.8
163.9
0.9
2524.0
441.4
2082.6
2399.6
159.5
0.8
2484.0
415.5
2068.5
2556.6
150.5
0.6
2623.4
387.4
2236.0
2347.0
157.2
0.8
2522.3
407.2
2115.1
2343.3
156.8
0.8
2473.5
404.4
2069.1
2460.8
155.3
0.7
2572.6
393.4
2179.2
2556.6
150.5
0.6
2623.4
387.4
2236.0
2522.5
151.4
0.6
2663.9
382.4
2281.6
2472.0
150.8
0.6
2631.6
370.2
2261.4
13
14
15
16
17
18
650.5
314.6
335.9
401.6
0.5
28.9
3.3
25.7
667.1
262.9
404.1
244.9
2.0
22.3
3.6
18.6
548.9
174.9
374.0
233.9
0.6
6.6
6.1
0.5
551.8
150.1
401.8
234.5
4.2
6.3
5.9
0.4
550.7
149.1
401.6
228.7
5.2
6.7
6.6
0.1
532.3
137.1
395.2
216.4
4.3
6.9
6.5
0.4
528.8
151.6
377.2
216.6
4.1
7.0
6.7
0.3
542.6
151.1
391.5
223.9
4.6
6.6
6.5
0.2
550.7
149.1
401.6
228.7
5.2
6.7
6.6
0.1
547.0
146.3
400.7
210.4
5.6
7.8
7.6
0.2
549.4
145.8
403.6
201.0
5.5
8.6
8.3
0.2
19
20
21
22
23
24
25
26
267.5
0.0
267.5
1817.0
0.0
1817.0
298.3
0.0
298.3
1927.2
0.0
1927.2
322.6
0.0
322.6
2030.2
0.0
2030.2
363.1
71.3
291.8
2123.6
434.9
1688.7
379.8
74.0
305.8
2167.4
410.6
1756.8
366.1
71.9
294.2
2150.1
427.4
1722.7
369.3
72.6
296.7
2126.1
421.7
1704.4
373.9
73.3
300.6
2155.9
416.1
1739.8
379.8
74.0
305.8
2167.4
410.6
1756.8
382.0
74.4
307.6
2188.2
413.1
1775.2
383.0
74.7
308.4
2206.6
413.4
1793.2
27
28
29
30
31
32
5
6
7
8
9
10
11
12
Total liabilities
2009
13
14
15
16
17
18
Household sector
State and local governments
Federal government
Rest of the world (4)
MBS and other ABS
Other
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
374.6
485.1
5.8
360.0
382.8
5.7
443.4
388.5
5.9
488.0
363.7
7.3
440.2
303.5
8.3
472.1
348.0
7.6
465.1
331.6
7.9
452.6
312.8
8.3
440.2
303.5
8.3
430.1
295.7
7.8
431.6
295.7
7.3
33
34
35
36
37
38
39
228.0
956.2
49.4
27.7
169.9
1120.7
55.5
55.4
154.2
1243.0
59.6
74.1
105.1
1413.4
57.2
107.7
102.1
1719.4
65.2
155.3
102.9
1489.9
59.2
123.4
97.3
1550.0
60.0
135.7
93.0
1633.4
62.7
147.1
102.1
1719.4
65.2
155.3
103.0
1816.6
71.7
162.3
90.7
1882.5
77.5
164.9
36
37
38
39
40
41
42
43
44
Government-sponsored enterprises
MBS and other ABS
Other
Finance companies
REITs
386.6
309.1
77.5
192.4
11.7
310.8
302.9
7.9
198.6
15.5
293.9
269.0
24.8
84.1
20.8
260.5
234.3
26.2
85.0
22.1
205.9
198.5
7.4
78.7
32.2
253.9
229.8
24.1
84.9
25.6
227.1
212.2
14.9
86.9
27.6
221.2
207.6
13.6
85.3
30.6
205.9
198.5
7.4
78.7
32.2
192.3
185.0
7.3
78.0
37.1
193.2
186.0
7.1
73.4
37.9
40
41
42
43
44
45
46
47
123.8
35.8
667.3
154.4
31.1
710.2
189.5
38.3
760.1
104.5
18.3
792.4
140.0
79.9
921.9
149.3
84.6
848.4
130.8
94.3
905.4
139.3
86.0
902.7
140.0
79.9
921.9
148.0
80.3
927.5
137.3
79.8
945.3
45
46
47
Levels
2008
100
2009
2010
2011
2012
2012
Q1
4
5
6
7
8
9
Levels
Financial corporations
Holdings at market value
Household sector
State and local governments
Federal government
Rest of the world (3)
Q2
2013
Q3
Q4
Q1
Q2
15640.5
20085.5
23565.4
23087.7
26445.3
25544.0
24577.8
26210.7
26445.3
28943.2
29410.6
10016.6
12512.2
14370.7
14500.3
16118.8
15817.2
15367.3
16330.5
16118.8
17829.2
18077.9
2748.4
3995.3
4900.2
4501.4
5390.5
5038.8
4715.8
5107.3
5390.5
5648.7
5621.4
2875.4
3578.1
4294.5
4085.9
4936.0
4688.0
4494.6
4772.9
4936.0
5465.4
5711.3
15640.5
20085.5
23565.4
23087.7
26445.3
25544.0
24577.8
26210.7
26445.3
28943.2
29410.6
5923.7
91.1
188.7
1807.1
7487.4
111.8
67.4
2476.7
8990.2
126.0
49.9
2962.2
9045.8
122.7
57.8
3035.3
10322.0
129.7
39.9
3480.8
9771.5
131.9
48.2
3425.7
9503.3
128.7
43.6
3262.1
10214.4
132.6
41.2
3455.0
10322.0
129.7
39.9
3480.8
11250.8
138.6
38.6
3919.4
11461.7
140.2
37.9
4032.1
6
7
8
9
0.0
33.8
0.0
25.1
63.6
0.0
26.4
73.6
0.1
0.0
67.4
0.0
0.0
87.1
0.0
0.0
80.4
0.0
0.0
75.0
0.0
0.0
83.4
0.0
0.0
87.1
0.0
0.0
96.8
0.0
0.0
96.9
0.0
10
11
12
10
11
12
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
13
14
193.3
1001.7
219.8
1208.5
219.2
1402.6
224.4
1390.2
258.3
1545.1
248.9
1524.3
244.4
1478.3
257.9
1543.7
258.3
1545.1
274.1
1654.9
279.4
1679.6
13
14
15
16
17
1380.4
1267.2
83.7
1647.1
1617.8
116.8
1938.3
1778.2
140.9
1826.1
1693.0
134.4
2039.7
1966.4
148.1
1997.6
1913.7
153.1
1942.5
1854.6
146.3
2053.7
1961.9
153.3
2039.7
1966.4
148.1
2204.1
2166.1
167.8
2233.4
2206.8
173.8
15
16
17
18
19
20
Mutual funds
Closed-end funds
Exchange-traded funds
3014.1
72.5
474.0
4136.2
88.1
670.0
4762.7
97.4
854.1
4427.2
96.5
863.8
5107.0
101.2
1093.3
5044.0
98.0
990.4
4744.2
96.8
944.5
5037.8
100.9
1047.1
5107.0
101.2
1093.3
5611.2
107.6
1195.9
5668.1
107.2
1172.2
18
19
20
21
22
109.2
0.0
124.2
25.1
117.2
26.4
103.2
0.0
126.7
0.0
116.3
0.0
113.5
0.0
127.9
0.0
126.7
0.0
117.1
0.0
121.4
0.0
21
22
12009.3
14899.4
17277.2
17231.0
19388.1
18971.2
18387.8
19486.3
19388.1
21503.0
22012.1
23
Memo:
23
5388.0
6920.7
7873.0
7870.9
9323.6
8797.4
8653.4
9131.0
9323.6
10087.4
10221.8
5388.0
6920.7
7873.0
7870.9
9323.6
8797.4
8653.4
9131.0
9323.6
10087.4
10221.8
3313.7
106.3
4119.9
162.0
4598.3
186.8
4452.3
165.9
5315.9
181.7
4979.4
180.8
4864.5
174.3
5155.1
180.1
5315.9
181.7
5786.1
190.4
5864.7
190.1
3
4
36.3
255.6
48.4
364.1
58.3
513.8
58.0
735.6
61.7
959.2
62.8
847.8
61.1
901.4
63.1
928.6
61.7
959.2
66.2
979.1
67.0
983.5
5
6
19.6
2.0
46.1
1.3
45.0
1.5
41.7
1.9
59.2
2.3
46.7
2.1
47.3
2.1
52.8
2.2
59.2
2.3
67.3
2.6
67.9
2.4
7
8
4.4
121.0
5.3
140.8
5.7
155.7
5.5
150.1
5.7
159.3
5.7
159.1
5.5
153.2
5.7
159.3
5.7
159.3
6.0
167.6
6.0
168.8
9
10
1362.3
166.7
1827.5
205.2
2084.7
223.2
2053.2
206.9
2338.4
240.3
2279.1
233.8
2217.3
226.6
2344.3
239.7
2338.4
240.3
2553.0
269.2
2601.7
269.6
11
12
3
4
Household sector
Nonfinancial corporate business
5
6
7
8
9
10
11
12
(1) Shares of open-end investment companies; excludes shares of money market mutual funds, exchange-traded funds, and funding vehicles for variable annuities.
101
Total liabilities
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2750.0
2021.7
1954.3
2086.8
2250.6
2101.9
2150.1
2178.0
2250.6
2254.7
2318.1
26.4
780.1
1046.1
10.2
546.0
944.0
61.0
480.9
923.7
12.4
549.8
980.4
66.3
609.5
1070.6
34.8
542.4
1008.5
88.0
566.2
1031.5
23.1
574.7
1047.8
66.3
609.5
1070.6
63.1
605.4
1075.4
73.0
621.5
1092.6
2
3
4
107.9
2.6
33.0
72.4
96.8
3.2
27.9
65.8
115.1
4.3
39.7
71.2
144.3
2.6
51.0
90.7
165.5
2.0
49.2
114.4
153.6
2.5
51.6
99.5
164.8
2.2
54.4
108.3
167.0
2.1
50.8
114.2
165.5
2.0
49.2
114.4
176.8
2.6
55.5
118.7
183.2
2.7
58.4
122.1
5
6
7
8
Financial sectors
789.5
424.7
373.7
399.9
338.7
362.6
299.7
365.3
338.7
333.9
347.6
2
3
4
Household sector
Corporate business
Noncorporate business
5
6
7
8
9
10
11
12
Finance companies
REITs
Brokers and dealers
174.9
32.8
45.5
144.5
20.7
0.0
91.5
18.5
0.0
102.1
22.1
0.0
118.5
23.4
0.0
97.5
18.6
0.0
103.5
20.5
0.0
115.8
19.6
0.0
118.5
23.4
0.0
112.9
20.1
0.0
120.8
21.6
0.0
10
11
12
13
14
Holding companies
Funding corporations
91.3
444.9
164.2
95.3
190.3
73.4
254.3
21.5
196.8
0.0
234.5
11.9
175.7
0.0
229.8
0.0
196.8
0.0
200.9
0.0
205.2
0.0
13
14
2750.0
2021.7
1954.3
2086.8
2250.6
2101.9
2150.1
2178.0
2250.6
2254.7
2318.1
15
15
Total assets
16
17
18
19
20
490.4
142.8
98.1
30.5
0.6
19.0
4.5
1.5
0.6
0.4
0.3
16
1675.8
531.9
19.7
32.1
1419.6
406.5
19.4
33.4
1412.9
390.4
16.1
36.9
1569.2
426.6
17.1
43.5
1772.6
415.8
18.1
43.6
1596.2
427.2
17.2
42.3
1666.4
419.3
17.3
42.5
1698.4
415.7
17.6
44.7
1772.6
415.8
18.1
43.6
1773.7
419.5
18.1
43.0
1826.2
428.6
19.0
44.0
17
18
19
20
(1) Excludes depository institution lending in the form of open market paper, mortgages, consumer credit, and security credit which are shown on other instrument tables.
(2) Loans from Federal Reserve banks to households, rest of the world, broker and dealers, and funding corporations. See loan details on table L.108.
Levels
2008
102
Levels
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2629.3
2098.1
1764.7
1769.3
1824.8
1735.3
1755.5
1797.8
1824.8
1821.2
1888.0
2
3
4
5
6
7
8
9
10
111.3
12.8
15.3
48.9
12.7
21.6
0.0
0.0
0.0
177.4
12.6
74.9
52.4
13.5
21.9
0.0
0.0
2.0
180.9
11.6
70.6
53.0
14.4
22.1
0.0
0.0
9.2
185.8
11.2
70.1
55.9
15.3
23.5
0.0
0.0
9.8
188.3
11.0
75.3
56.5
15.7
26.7
0.0
0.0
3.0
188.8
10.9
71.7
55.9
15.4
25.4
0.0
0.0
9.5
191.0
11.0
73.3
56.5
15.7
25.5
0.0
0.0
8.9
189.0
11.0
74.2
56.6
15.6
25.5
0.0
0.0
6.1
188.3
11.0
75.3
56.5
15.7
26.7
0.0
0.0
3.0
191.8
11.8
76.3
57.4
16.0
28.1
0.0
0.0
2.3
192.0
11.8
76.3
57.4
16.0
28.4
0.0
0.0
2.2
2
3
4
5
6
7
8
9
10
11
12
226.4
226.4
182.5
182.5
162.3
162.3
196.1
196.1
146.2
146.2
171.6
171.6
166.0
166.0
161.1
161.1
146.2
146.2
145.3
145.3
152.9
152.9
11
12
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
13
14
15
16
8.2
8.2
0.0
14.6
14.6
0.0
18.9
18.9
0.0
22.9
22.9
0.0
105.3
99.3
6.1
53.1
51.8
1.3
53.2
51.0
2.3
107.8
103.2
4.7
105.3
99.3
6.1
106.0
101.4
4.6
110.7
106.4
4.3
17
18
19
13
14
15
16
2009
17
18
19
20
21
22
120.4
0.6
119.8
121.1
0.5
120.6
124.5
0.5
124.0
126.9
0.5
126.5
128.3
0.4
127.8
126.9
0.4
126.4
126.6
0.4
126.2
127.2
0.4
126.8
128.3
0.4
127.8
128.2
0.4
127.8
128.5
0.4
128.1
20
21
22
23
24
25
26
27
28
29
980.7
0.0
5.8
74.5
805.0
40.6
54.9
695.9
0.0
5.3
74.7
541.1
26.5
48.3
551.3
0.0
6.9
80.3
392.8
26.1
45.1
487.0
0.0
6.0
77.7
332.3
24.2
46.8
505.7
0.0
6.7
85.3
336.9
25.1
51.6
467.3
0.0
7.4
79.2
309.3
22.9
48.5
491.3
0.0
6.6
80.4
328.2
23.7
52.4
487.6
0.0
6.7
82.6
321.6
24.4
52.4
505.7
0.0
6.7
85.3
336.9
25.1
51.6
498.8
0.0
7.5
83.9
332.3
22.2
52.9
541.0
0.0
6.5
83.8
372.7
23.5
54.5
23
24
25
26
27
28
29
30
31
78.1
78.1
54.4
54.4
4.0
4.0
0.1
0.1
1.8
1.8
0.1
0.1
0.1
0.1
3.2
3.2
1.8
1.8
3.9
3.9
4.3
4.3
30
31
32
33
34
539.9
485.9
54.0
448.9
404.0
44.9
372.7
335.5
37.3
375.4
337.9
37.5
387.7
348.9
38.8
375.9
338.3
37.6
376.3
338.6
37.6
378.5
340.6
37.8
387.7
348.9
38.8
392.4
353.1
39.2
396.0
356.4
39.6
32
33
34
35
36
37
38
39
40
41
564.3
29.7
46.3
94.8
301.7
55.9
35.9
403.4
26.8
20.4
75.4
197.8
60.1
22.9
350.2
26.2
16.7
74.6
163.8
47.4
21.4
375.1
23.4
22.2
93.5
162.3
54.3
19.4
361.6
20.9
22.6
105.7
160.0
39.6
12.9
351.6
26.5
20.2
94.2
166.8
30.6
13.2
351.1
23.2
21.5
99.2
161.9
32.8
12.4
343.4
23.1
22.0
100.6
153.9
31.9
11.9
361.6
20.9
22.6
105.7
160.0
39.6
12.9
354.9
22.7
21.7
113.4
146.9
37.2
12.9
362.4
20.4
23.0
117.1
151.9
39.7
10.2
35
36
37
38
39
40
41
(1) The Student Loan Marketing Association (Sallie Mae) was included until it was fully privatized in 2004:Q4.
(2) Syndicated loans from domestic entities, excluding depository institutions and finance companies which are included elsewhere.
103
2010
2011
2012
2012
Q1
1
2
3
4
5
6
7
Total mortgages
Home
Multifamily residential
Commercial
Farm
Total liabilities
Household sector
8
9
10
Nonfinancial business
Corporate
Noncorporate
11
12
Federal government
REITs
13
Total assets
2013
Q2
Q3
Q4
Q1
Q2
14676.8
14386.7
13778.5
13457.1
13191.9
13345.8
13279.2
13182.5
13191.9
13130.9
13116.5
11108.0
848.8
2585.3
134.7
10896.7
855.6
2488.5
146.0
10437.3
851.5
2335.6
154.1
10182.8
856.9
2250.2
167.2
9929.1
880.7
2209.2
173.0
10094.2
855.1
2227.8
168.6
10034.7
861.6
2212.8
170.1
9943.2
869.7
2198.1
171.5
9929.1
880.7
2209.2
173.0
9875.9
884.9
2195.6
174.5
9833.3
895.3
2211.9
176.0
2
3
4
5
14676.8
14386.7
13778.5
13457.1
13191.9
13345.8
13279.2
13182.5
13191.9
13130.9
13116.5
10735.3
10571.1
10088.4
9853.8
9608.8
9768.0
9709.7
9620.4
9608.8
9558.2
9517.3
3778.0
908.2
2869.9
3648.8
780.3
2868.5
3523.0
671.0
2852.0
3427.1
607.3
2819.9
3391.3
603.0
2788.4
3399.0
603.2
2795.8
3384.5
598.7
2785.7
3374.0
591.7
2782.3
3391.3
603.0
2788.4
3379.9
590.0
2789.9
3406.8
600.2
2806.6
8
9
10
0.0
163.5
0.0
166.9
0.0
167.1
0.0
176.2
0.0
191.8
0.0
178.8
0.0
185.0
0.0
188.0
0.0
191.8
0.0
192.8
0.0
192.5
11
12
14676.8
14386.7
13778.5
13457.1
13191.9
13345.8
13279.2
13182.5
13191.9
13130.9
13116.5
13
14
15
16
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
110.9
33.6
39.1
108.0
29.5
37.9
94.2
28.0
42.1
91.0
28.2
42.6
70.5
28.4
43.1
85.7
28.2
42.6
80.4
28.3
42.7
75.6
28.3
42.8
70.5
28.4
43.1
66.5
28.4
43.2
61.7
28.5
43.5
14
15
16
17
18
187.8
95.8
192.8
108.4
202.7
106.6
197.8
110.6
186.6
112.3
194.8
111.7
194.4
112.2
192.4
112.0
186.6
112.3
187.6
113.2
186.9
113.2
17
18
19
20
21
22
4615.2
44.2
42.6
312.2
4371.9
37.8
42.3
316.9
4194.9
35.4
35.8
317.0
4049.6
32.8
33.4
320.5
3997.4
30.9
34.9
327.8
3984.5
31.2
32.9
321.6
3986.4
31.2
32.4
324.0
3944.6
31.2
32.0
326.4
3997.4
30.9
34.9
327.8
3962.9
29.7
34.3
328.0
3955.9
29.6
33.6
332.0
19
20
21
22
23
24
5.0
342.4
4.4
326.1
4.1
317.5
4.9
332.5
5.6
344.4
5.2
336.7
5.4
340.5
5.5
343.5
5.6
344.4
5.8
344.5
6.6
348.2
23
24
25
26
26.1
15.1
23.8
11.4
26.6
10.9
21.9
11.1
19.3
9.9
21.0
10.7
20.6
10.4
20.0
10.1
19.3
9.9
18.7
9.5
17.9
9.1
25
26
27
28
705.3
4961.4
707.7
5376.7
5021.0
1139.5
4924.0
1304.8
4823.5
1437.0
4922.8
1329.9
4870.2
1377.3
4844.5
1408.0
4823.5
1437.0
4825.0
1462.7
4836.1
1485.8
27
28
29
30
31
ABS issuers
Finance companies
REITs
2615.9
447.9
76.3
2245.5
397.4
48.3
1916.9
243.5
41.9
1698.0
211.5
42.1
1492.0
180.1
48.3
1638.7
206.6
40.9
1586.6
192.7
43.6
1531.7
188.5
45.4
1492.0
180.1
48.3
1447.3
174.7
48.9
1406.3
170.7
51.1
29
30
31
Levels
2008
104
1
2
3
4
5
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
11108.0
10896.7
10437.3
10182.8
9929.1
10094.2
10034.7
9943.2
9929.1
9875.9
9833.3
10534.4
32.7
540.9
10377.0
20.3
499.4
9906.2
13.6
517.6
9677.8
10.2
494.8
9436.3
9.7
483.1
9593.9
9.9
490.4
9536.8
9.9
488.0
9448.7
9.9
484.6
9436.3
9.7
483.1
9386.6
9.4
479.9
9344.8
9.6
478.9
2
3
4
11108.0
10896.7
10437.3
10182.8
9929.1
10094.2
10034.7
9943.2
9929.1
9875.9
9833.3
91.2
20.2
14.3
83.2
17.7
13.9
75.2
16.8
15.4
67.2
16.9
15.5
59.2
17.0
15.7
65.2
16.9
15.6
63.2
17.0
15.6
61.2
17.0
15.6
59.2
17.0
15.7
57.2
17.0
15.8
55.2
17.1
15.9
6
7
8
9
10
96.7
16.4
99.3
22.1
104.4
23.9
101.8
24.8
96.1
25.9
100.3
25.5
100.1
25.7
99.1
25.3
96.1
25.9
96.6
25.7
96.3
25.1
9
10
11
12
13
14
2883.6
7.0
22.9
312.2
2692.5
0.9
22.6
316.9
2614.7
1.1
20.1
317.0
2537.0
1.3
17.8
320.5
2484.9
1.8
20.0
327.8
2482.6
1.4
17.5
321.6
2490.1
1.3
17.3
324.0
2452.4
1.6
17.0
326.4
2484.9
1.8
20.0
327.8
2447.1
1.8
20.0
328.0
2420.1
1.6
19.2
332.0
11
12
13
14
15
16
17
8.6
1.3
5.4
8.6
2.0
4.1
9.0
1.9
3.9
9.0
1.6
4.0
9.5
2.5
3.6
9.5
1.7
3.9
10.0
1.9
3.8
10.4
2.2
3.7
9.5
2.5
3.6
9.5
2.9
3.4
9.2
3.4
3.3
15
16
17
18
19
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
456.6
4864.0
431.3
5266.5
4687.1
1068.8
4583.9
1216.8
4472.3
1321.8
4579.4
1237.2
4526.5
1276.2
4495.5
1301.7
4472.3
1321.8
4476.9
1340.2
4490.9
1353.9
18
19
20
21
22
ABS issuers
Finance companies
REITs
1898.0
375.4
34.3
1574.8
327.7
12.6
1299.6
169.5
8.9
1106.7
149.7
8.1
924.9
132.6
13.6
1061.2
146.1
8.6
1013.3
137.2
11.7
967.0
134.9
12.3
924.9
132.6
13.6
889.2
129.3
15.4
849.2
125.2
16.0
20
21
22
1115.6
894.7
0.8
98.7
46.3
75.1
1033.1
841.4
0.3
94.6
31.3
65.5
928.4
783.3
0.3
88.2
22.7
33.9
853.5
723.1
0.3
82.2
17.9
29.9
769.4
652.7
0.2
75.7
14.3
26.5
831.4
705.1
0.3
79.8
17.0
29.2
812.3
690.2
0.2
78.3
16.1
27.4
790.3
670.7
0.2
77.2
15.1
27.0
769.4
652.7
0.2
75.7
14.3
26.5
747.9
634.2
0.3
74.0
13.6
25.9
730.8
620.3
0.2
72.8
12.4
25.0
23
24
25
26
27
28
23
24
25
26
27
28
Total assets
2010
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
6
7
8
Levels
Total liabilities
2009
Memo:
Home equity loans included above (2)
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Credit unions
ABS issuers
Finance companies
Total liabilities
2
3
4
5
Federal government
REITs
855.6
851.5
856.9
880.7
855.1
861.6
869.7
880.7
884.9
895.3
41.2
782.5
41.4
787.3
41.2
782.6
41.5
787.9
42.7
811.5
41.4
786.7
41.8
793.4
42.2
801.2
42.7
811.5
42.9
815.2
43.4
824.9
2
3
0.0
25.1
0.0
26.8
0.0
27.7
0.0
27.6
0.0
26.5
0.0
27.0
0.0
26.5
0.0
26.3
0.0
26.5
0.0
26.7
0.0
27.0
4
5
848.8
855.6
851.5
856.9
880.7
855.1
861.6
869.7
880.7
884.9
895.3
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
0.0
0.5
13.3
0.0
0.5
12.9
0.0
0.4
14.3
0.0
0.4
14.5
0.0
0.4
14.7
0.0
0.4
14.5
0.0
0.4
14.5
0.0
0.4
14.6
0.0
0.4
14.7
0.0
0.4
14.7
0.0
0.4
14.8
7
8
9
10
11
75.1
14.5
77.1
14.7
81.1
14.4
79.1
14.1
74.6
13.7
77.9
14.1
77.7
13.9
77.0
13.7
74.6
13.7
75.0
13.6
74.8
13.6
10
11
12
13
276.0
4.3
267.0
4.0
254.9
3.5
248.3
2.9
253.3
1.4
244.7
1.5
246.4
1.4
248.2
1.4
253.3
1.4
256.5
1.3
263.9
0.9
12
13
14
15
16
51.8
2.4
4.5
48.5
2.7
3.4
47.2
3.1
3.3
49.4
2.9
3.3
50.9
3.8
3.0
50.0
2.9
3.2
50.6
3.1
3.1
51.0
3.4
3.0
50.9
3.8
3.0
51.1
4.2
2.9
51.2
4.8
2.7
14
15
16
17
18
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
190.2
92.8
204.4
105.7
256.5
66.9
259.2
86.4
265.5
113.4
261.3
91.1
260.4
99.1
264.6
104.3
265.5
113.4
261.9
120.6
258.1
130.1
17
18
19
20
21
ABS issuers
Finance companies
REITs
113.2
5.8
4.3
107.4
5.1
2.3
98.8
5.1
1.9
91.1
3.6
1.7
81.4
2.8
1.8
88.3
3.5
1.7
85.8
3.3
1.7
83.2
3.1
1.7
81.4
2.8
1.8
77.6
2.7
2.1
75.1
2.2
2.8
19
20
21
7
8
9
Total assets
848.8
105
1
2
3
4
5
6
Total liabilities
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
REITs
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2585.3
2488.5
2335.6
2250.2
2209.2
2227.8
2212.8
2198.1
2209.2
2195.6
2211.9
200.9
805.4
1440.6
138.4
194.1
685.5
1468.8
140.1
182.2
580.1
1433.9
139.4
176.1
514.9
1410.7
148.6
172.5
507.6
1363.7
165.3
174.2
510.3
1391.6
151.8
172.9
504.9
1376.4
158.5
171.7
496.9
1367.7
161.8
172.5
507.6
1363.7
165.3
171.6
494.5
1363.4
166.1
172.5
503.8
1370.2
165.5
2
3
4
5
2585.3
2488.5
2335.6
2250.2
2209.2
2227.8
2212.8
2198.1
2209.2
2195.6
2211.9
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
20.0
13.0
10.7
19.2
11.4
10.4
16.7
10.8
11.5
12.4
10.8
11.7
6.3
10.9
11.8
11.0
10.9
11.7
9.6
10.9
11.7
8.0
10.9
11.7
6.3
10.9
11.8
4.5
10.9
11.8
2.5
11.0
11.9
7
8
9
10
11
15.0
61.4
15.4
67.8
16.2
64.1
15.8
67.2
14.9
68.0
15.6
67.6
15.5
68.0
15.4
68.4
14.9
68.0
15.0
69.3
15.0
69.9
10
11
12
13
14
1404.2
32.8
19.7
1367.4
32.9
19.6
1273.2
30.8
15.7
1210.3
28.5
15.6
1198.4
27.6
14.9
1201.1
28.2
15.4
1192.2
28.4
15.1
1184.8
28.1
14.9
1198.4
27.6
14.9
1197.1
26.6
14.4
1208.2
27.1
14.5
12
13
14
15
16
5.0
267.1
4.4
255.7
4.1
248.8
4.9
261.1
5.6
271.1
5.2
264.2
5.4
267.0
5.5
269.1
5.6
271.1
5.8
271.0
6.6
274.8
15
16
17
18
22.4
5.1
19.0
3.9
21.5
3.7
17.4
3.8
13.1
3.4
16.5
3.6
15.6
3.5
14.4
3.4
13.1
3.4
11.5
3.2
9.8
3.1
17
18
19
20
0.0
604.7
0.0
563.3
0.0
518.5
0.0
500.2
0.0
485.7
0.0
489.2
0.0
487.5
0.0
481.5
0.0
485.7
0.0
480.5
0.0
482.0
19
20
21
22
Finance companies
REITs
66.6
37.7
64.6
33.4
68.9
31.2
58.1
32.3
44.7
32.8
57.1
30.6
52.2
30.2
50.6
31.4
44.7
32.8
42.7
31.3
43.4
32.3
21
22
7
8
9
Total assets
2009
Total liabilities
Nonfinancial corporate business
Nonfinancial noncorporate business
Total assets
5
6
Household sector
Nonfinancial noncorporate business
7
8
134.7
146.0
154.1
167.2
173.0
168.6
170.1
171.5
173.0
174.5
176.0
28.9
105.8
33.0
113.0
36.2
117.9
40.7
126.5
42.9
130.1
41.6
127.1
42.2
127.9
42.7
128.9
42.9
130.1
43.2
131.3
43.4
132.6
2
3
134.7
146.0
154.1
167.2
173.0
168.6
170.1
171.5
173.0
174.5
176.0
-0.2
0.8
5.5
0.8
2.3
0.8
11.4
0.8
5.1
0.9
9.5
0.9
7.7
0.9
6.5
0.9
5.1
0.9
4.8
0.9
4.0
0.9
5
6
0.9
3.5
1.0
3.9
1.0
4.3
1.0
4.5
0.9
4.6
1.0
4.6
1.0
4.6
1.0
4.6
0.9
4.6
0.9
4.5
0.9
4.5
7
8
9
10
51.5
0.1
45.1
0.0
52.1
0.0
53.9
0.0
60.8
0.0
56.1
0.0
57.6
0.0
59.2
0.0
60.8
0.0
62.3
0.0
63.7
0.0
9
10
11
12
15.0
0.0
13.3
0.0
12.4
0.0
13.0
0.0
13.0
0.0
13.0
0.0
13.0
0.0
13.0
0.0
13.0
0.0
13.0
0.0
13.0
0.0
11
12
13
14
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
58.5
4.7
72.0
4.5
77.4
3.8
80.9
1.7
85.8
1.9
82.1
1.6
83.3
2.0
84.5
2.0
85.8
1.9
86.2
1.9
87.1
1.8
13
14
Levels
2008
106
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2651.4
2553.5
2648.1
2757.2
2924.3
2749.1
2799.0
2859.3
2924.3
2924.4
2966.2
2651.4
2553.5
2648.1
2757.2
2924.3
2749.1
2799.0
2859.3
2924.3
2924.4
2966.2
94.6
56.0
0.0
88.8
53.8
0.0
78.4
46.2
0.0
72.0
48.5
0.0
67.1
48.5
0.0
71.4
47.2
0.0
70.9
47.3
0.0
67.5
47.8
0.0
67.1
48.5
0.0
65.0
42.0
0.0
63.8
42.0
0.0
3
4
5
3
4
5
6
7
8
135.1
965.0
236.2
223.1
906.3
237.1
356.2
1185.5
226.5
487.4
1192.6
223.0
616.8
1218.7
243.6
524.9
1155.7
223.0
552.9
1174.5
231.2
596.6
1186.1
236.7
616.8
1218.7
243.6
659.5
1191.3
245.5
674.6
1211.5
251.6
6
7
8
Government-sponsored enterprises
ABS issuers
Finance companies
0.0
610.2
554.3
0.0
572.5
471.9
0.0
50.3
705.0
0.0
46.2
687.6
0.0
49.9
679.8
0.0
46.7
680.2
0.0
47.0
675.3
0.0
47.9
676.6
0.0
49.9
679.8
0.0
49.8
671.3
0.0
48.0
674.6
9
10
11
1005.2
777.1
730.7
138.4
917.2
718.9
831.6
85.8
840.7
712.9
912.4
182.1
842.5
750.7
1012.3
151.8
845.8
808.5
1131.3
138.7
798.0
759.0
1062.2
129.8
807.5
777.2
1082.9
131.5
813.0
798.2
1114.8
133.3
845.8
808.5
1131.3
138.7
804.9
820.4
1168.9
130.3
814.8
839.8
1178.6
133.0
12
13
14
15
9
10
11
Memo:
Levels
12
13
14
15
(1) Student loans originated under the Federal Family Education Loan Program.
(2) Includes loans originated by the Department of Education under the Federal Direct Loan Program and Perkins Loans, as well as Federal Family Education Loan Program
loans that the government purchased from depository institutions, finance companies, and nonprofit and educational institutions, and loans in default.
(3) Revolving credit that also includes overdraft plans on checking accounts and other loans without a fixed repayment schedule.
(4) Includes student loans held by nonprofit organizations (line 3), the federal government (line 6), depository institutions (part of lines 7 and 8), and
finance companies (part of line 11). Data begin in 2006:Q1.
(5) Includes student loans before 2006:Q1.
107
Household sector
3
4
5
6
7
8
10
11
12
13
14
15
16
17
Discrepancy
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
3226.9
3214.9
3441.4
3494.2
3670.3
3548.7
3606.0
3645.6
3670.3
3718.2
3740.3
236.7
252.7
274.1
288.2
289.7
289.8
290.5
290.5
289.7
288.1
285.7
1672.7
380.6
1590.2
397.4
1746.5
427.7
1765.4
435.8
1888.0
434.1
1794.0
434.4
1841.9
433.2
1870.6
432.9
1888.0
434.1
1913.6
438.7
1918.6
440.2
3
4
591.6
260.8
630.5
204.6
669.0
210.9
707.4
220.2
746.5
228.5
717.1
229.2
726.9
232.1
736.7
234.5
746.5
228.5
756.3
237.9
766.1
244.5
5
6
63.2
21.2
69.3
70.1
95.1
18.1
63.0
14.3
69.3
14.2
66.9
17.3
68.0
13.5
67.4
13.0
69.3
14.2
68.2
15.4
69.5
15.6
7
8
3088.3
2973.9
3136.4
3248.3
3365.4
3355.4
3437.1
3460.6
3365.4
3476.1
3534.6
2084.9
522.7
2053.9
496.3
2155.8
533.4
2238.0
539.6
2327.5
546.0
2335.5
540.3
2411.4
541.3
2422.1
542.7
2327.5
546.0
2430.9
548.0
2483.0
551.6
10
11
143.7
64.7
90.1
139.1
43.6
96.7
152.2
42.9
116.4
154.1
47.7
134.2
162.5
50.6
145.6
156.0
49.0
138.1
159.3
50.6
140.2
161.2
51.9
146.8
162.5
50.6
145.6
164.7
49.1
149.2
165.1
49.8
152.2
12
13
14
86.7
95.5
83.0
61.3
83.8
51.8
87.2
47.6
92.0
41.2
91.1
45.3
92.0
42.4
94.5
41.4
92.0
41.2
94.0
40.1
96.6
36.2
15
16
138.5
241.0
305.0
245.9
304.8
193.3
168.9
185.1
304.8
242.2
205.7
17
Total liabilities
1128.5
1091.2
1214.8
1312.6
1512.5
1375.5
1410.2
1482.4
1512.5
1492.1
1511.5
2
3
Household sector
Rest of the world
164.8
0.0
203.0
0.0
278.2
0.0
238.9
0.0
303.7
0.0
267.7
0.0
244.5
0.0
269.1
0.0
303.7
0.0
307.9
0.0
302.6
0.0
2
3
4
5
6
7
963.6
742.7
158.6
62.3
888.2
668.6
158.0
61.6
936.6
694.3
152.3
90.1
1073.7
752.4
189.6
131.7
1208.7
776.0
243.0
189.7
1107.8
762.3
190.8
154.7
1165.7
777.7
209.8
178.3
1213.2
780.2
241.8
191.3
1208.7
776.0
243.0
189.7
1184.2
782.6
209.0
192.6
1208.9
820.3
198.7
190.0
4
5
6
7
1128.5
1091.2
1214.8
1312.6
1512.5
1375.5
1410.2
1482.4
1512.5
1492.1
1511.5
9
10
Total assets
Household sector
Rest of the world
742.7
0.0
668.6
0.0
694.3
0.0
752.4
0.0
776.0
0.0
762.3
0.0
777.7
0.0
780.2
0.0
776.0
0.0
782.6
0.0
820.3
0.0
9
10
11
12
13
158.6
62.3
164.8
158.0
61.6
203.0
152.3
90.1
278.2
189.6
131.7
238.9
243.0
189.7
303.7
190.8
154.7
267.7
209.8
178.3
244.5
241.8
191.3
269.1
243.0
189.7
303.7
209.0
192.6
307.9
198.7
190.0
302.6
11
12
13
Levels
2008
108
1
2
3
4
5
6
7
Total liabilities
Federal government
Life insurance companies
Net change in assets
Households
U.S.-chartered depository institutions
Holding companies
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
1179.8
1242.1
1278.3
1352.0
1359.0
1366.9
1342.3
1353.2
1359.0
1370.0
1374.6
46.4
1133.4
47.5
1194.5
48.4
1229.9
49.7
1302.3
50.0
1309.0
49.8
1317.1
50.2
1292.1
50.1
1303.1
50.0
1309.0
50.1
1319.9
50.2
1324.4
2
3
1179.8
1242.1
1278.3
1352.0
1359.0
1366.9
1342.3
1353.2
1359.0
1370.0
1374.6
1049.8
110.7
19.3
1109.2
111.5
21.4
1137.2
116.0
25.1
1203.6
120.8
27.6
1186.1
138.1
34.9
1199.4
133.8
33.7
1172.6
135.0
34.8
1180.6
136.4
36.2
1186.1
138.1
34.9
1194.5
139.4
36.1
1197.7
140.5
36.4
5
6
7
Levels
Total liabilities
14061.8
15205.4
16745.0
17115.2
18075.1
17641.6
17588.7
17928.7
18075.1
18560.9
18736.6
2
3
2223.2
5281.4
2346.9
5976.3
2563.0
6625.7
2602.8
6672.5
2759.4
7175.3
2691.7
7022.3
2651.2
6945.1
2713.2
7145.3
2759.4
7175.3
2821.2
7507.6
2820.1
7603.7
2
3
4
5
3799.0
2758.1
3959.8
2922.3
4408.7
3147.6
4589.2
3250.7
4773.1
3367.3
4634.5
3293.2
4679.7
3312.7
4725.9
3344.3
4773.1
3367.3
4825.2
3407.0
4877.3
3435.5
4
5
14061.8
15205.4
16745.0
17115.2
18075.1
17641.6
17588.7
17928.7
18075.1
18560.9
18736.6
44.0
40.6
53.1
74.0
81.4
84.5
82.1
92.5
81.4
99.4
77.4
2
3
39.0
106.2
35.7
99.9
42.9
99.2
51.7
100.4
57.0
101.6
62.0
100.5
59.4
100.7
60.0
101.0
57.0
101.6
63.4
102.0
57.5
102.8
2
3
-73.6
-66.2
-59.6
-49.1
-47.9
-52.6
-50.3
-46.3
-47.9
-46.0
-58.9
5
6
-21.1
-24.4
-15.8
-31.4
-10.1
-28.8
-14.5
-23.6
-10.8
-28.3
-8.0
-27.3
-13.2
-23.9
-8.7
-23.6
-10.8
-28.3
-3.2
-28.4
-5.2
-30.1
5
6
7
8
Finance companies
Brokers and dealers
15.4
2.5
12.7
5.7
6.0
3.6
6.7
2.5
6.6
3.1
7.0
3.0
6.6
2.8
6.4
3.7
6.6
3.1
7.0
4.4
6.9
4.4
7
8
237.3
245.0
249.0
262.8
270.4
266.0
269.5
269.1
270.4
275.4
283.3
117.9
119.4
111.1
133.9
104.7
144.3
110.0
152.8
112.3
158.1
111.9
154.2
114.1
155.5
112.3
156.8
112.3
158.1
116.0
159.5
122.5
160.8
10
11
-193.3
-204.4
-195.9
-188.8
-189.0
-181.5
-187.4
-176.5
-189.0
-176.1
-206.0
12
9
10
11
12
7556.4
6324.1
7019.1
7528.4
8186.3
7625.1
7744.5
8018.4
8186.3
8205.9
8373.8
7545.7
10.7
6309.3
14.8
7003.2
15.9
7515.3
13.1
8167.7
18.6
7606.8
18.3
7726.2
18.3
7999.3
19.1
8167.7
18.6
8186.7
19.2
8354.5
19.3
2
3
109
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
22593.5
22503.3
23297.3
24014.4
24701.5
24185.4
24231.6
24574.0
24701.5
24613.6
24591.6
2
3
4
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
27.0
3940.2
1214.3
22.1
3936.5
1248.1
24.7
3965.2
1197.7
24.3
3635.0
1233.6
24.9
3342.9
1241.7
26.2
3562.9
1242.8
28.0
3473.7
1244.3
28.4
3418.2
1246.5
24.9
3342.9
1241.7
25.9
3246.9
1244.6
27.6
3188.9
1245.0
2
3
4
5
6
Federal government
Rest of the world
2719.3
6059.0
2859.2
6010.7
3071.6
6500.2
3179.4
6802.6
3281.2
7073.7
3200.5
6829.3
3225.4
6808.2
3245.8
7028.7
3281.2
7073.7
3302.1
7119.2
3321.8
7152.4
5
6
7
8
9
10
11
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
23.1
1466.4
849.4
24.9
4.7
29.2
1619.9
431.3
29.2
19.4
58.4
1805.9
438.7
23.3
11.1
31.7
1934.7
694.2
19.4
12.4
33.7
2102.3
651.5
17.3
12.7
33.7
2023.4
629.8
19.1
13.3
28.5
2073.4
649.4
17.9
13.1
34.9
2144.3
654.3
19.2
14.4
33.7
2102.3
651.5
17.3
12.7
34.8
2137.5
644.5
16.4
15.3
32.1
2089.7
692.1
16.5
14.2
7
8
9
10
11
12
13
811.0
866.4
819.5
961.7
831.9
1031.4
870.1
1062.6
896.9
1143.6
889.5
1115.9
895.1
1101.6
890.7
1141.2
896.9
1143.6
890.5
1183.0
897.8
1194.3
12
13
14
15
16
Government-sponsored enterprises
Finance companies
REITs
208.2
664.8
64.9
270.4
573.6
51.1
154.6
271.9
66.0
130.6
263.7
74.4
124.1
231.9
91.4
132.0
257.2
90.0
128.8
234.0
80.0
124.8
222.4
102.6
124.1
231.9
91.4
120.2
231.8
91.8
121.9
223.1
92.8
14
15
16
17
18
19
441.4
422.9
1509.1
450.0
548.0
1492.1
483.0
522.0
1490.5
471.4
481.1
1478.1
470.9
833.8
1639.4
497.9
732.6
1488.8
461.5
733.5
1513.4
470.4
787.4
1546.6
470.9
833.8
1639.4
495.9
899.1
1608.4
472.4
901.6
1612.3
17
18
19
29248.6
29280.9
30464.1
32114.7
33818.3
32544.9
32933.3
33266.8
33818.3
33871.7
34212.5
20
20
Total liabilities
2009
Total assets
21
22
23
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
766.3
9376.9
2121.8
800.9
9555.5
2029.3
805.9
10127.0
2134.1
876.1
10571.9
2143.1
870.2
11327.3
2182.5
866.9
10685.8
2149.4
861.2
10785.8
2156.8
859.4
11001.8
2165.9
870.2
11327.3
2182.5
863.2
11432.7
2191.7
867.4
11621.2
2205.8
21
22
23
24
25
26
93.1
110.8
4263.3
118.4
145.8
4197.7
95.9
141.4
4543.1
92.4
143.1
4811.0
87.2
142.0
5128.8
91.0
140.5
4932.5
90.8
141.9
5000.0
90.0
141.9
5068.6
87.2
142.0
5128.8
87.7
142.7
5113.4
87.4
139.8
5128.7
24
25
26
27
28
29
30
31
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
569.8
1223.5
259.7
11.1
32.8
75.9
1030.1
143.9
6.5
33.0
83.1
933.1
148.7
11.0
74.1
225.8
958.0
371.4
11.8
61.9
199.5
842.0
354.2
12.0
62.7
188.1
878.7
299.6
11.8
70.2
187.2
904.4
349.6
15.8
64.1
186.5
902.1
337.6
13.2
63.6
199.5
842.0
354.2
12.0
62.7
219.9
788.7
338.2
12.4
70.9
228.1
802.4
392.7
18.5
75.3
27
28
29
30
31
32
33
102.6
380.1
123.7
357.6
99.1
360.3
86.9
409.3
94.6
449.5
82.0
396.4
83.3
407.5
82.6
421.3
94.6
449.5
98.7
418.0
103.5
413.5
32
33
34
35
36
1518.3
94.6
2551.1
1476.0
86.1
2674.8
1463.0
102.2
2865.1
1556.7
111.0
2954.8
1554.8
111.3
3043.7
1501.1
109.5
2977.1
1538.5
110.0
2999.2
1502.9
110.9
3021.5
1554.8
111.3
3043.7
1501.3
107.2
3065.9
1503.8
111.9
3088.0
34
35
36
37
38
35.2
20.0
26.9
14.9
23.5
2.9
22.7
5.7
28.8
-27.4
17.8
-34.5
19.9
-50.0
25.1
-45.3
28.8
-27.4
31.5
-16.2
31.9
-16.2
37
38
39
40
41
Government-sponsored enterprises
Finance companies
REITs
99.1
51.5
54.6
100.3
77.8
46.1
148.6
77.0
53.5
148.5
84.4
66.8
152.6
57.0
89.3
150.1
81.8
72.4
135.9
70.2
73.9
139.6
63.7
82.4
152.6
57.0
89.3
167.9
48.9
97.5
167.7
44.1
108.9
39
40
41
42
43
44
1105.7
2337.0
793.5
1141.0
3160.6
726.3
1025.3
3129.4
667.9
932.6
3165.9
687.6
857.4
4015.8
694.8
951.8
3818.8
705.7
989.3
3795.6
680.1
949.2
3944.6
684.6
857.4
4015.8
694.8
949.8
4107.2
726.8
1020.4
4052.2
720.6
42
43
44
-7931.4
-7909.2
-8515.7
45
45
Discrepancy
-9715.4 -10604.3
Levels
2008
110
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
3748.5
3011.1
201.5
102.6
25.0
221.0
187.4
4077.4
3245.1
261.7
123.7
28.9
186.9
231.0
4273.6
3402.9
280.1
99.1
46.3
206.0
239.3
4663.1
3795.6
274.3
86.9
56.9
215.5
234.0
5077.8
4136.4
302.6
94.6
70.6
227.6
245.9
4759.1
3883.8
276.0
82.0
57.7
221.5
238.2
4826.4
3941.5
278.8
83.3
58.0
224.5
240.1
4983.4
4095.5
275.7
82.6
58.6
227.3
243.6
5077.8
4136.4
302.6
94.6
70.6
227.6
245.9
5123.8
4170.2
304.6
98.7
71.0
229.6
249.5
5200.4
4237.3
306.9
103.5
71.2
229.3
252.3
1
2
3
4
5
6
7
2050.3
3.6
71.7
51.2
60.3
78.1
72.1
10.2
2397.4
1986.4
4.8
107.7
64.7
69.4
90.0
64.4
10.8
2398.2
2128.7
5.3
120.0
70.7
84.3
114.7
88.5
11.4
2623.6
2313.3
5.9
193.7
73.8
88.5
96.1
96.3
12.0
2879.5
2474.4
6.4
198.1
72.4
93.7
96.3
103.5
12.6
3057.3
2355.7
6.0
187.1
72.8
87.5
94.5
98.0
12.2
2913.8
2413.5
6.1
188.7
74.4
88.4
94.4
99.0
12.3
2976.8
2460.9
6.1
190.1
73.9
90.5
94.9
100.4
12.5
3029.3
2474.4
6.4
198.1
72.4
93.7
96.3
103.5
12.6
3057.3
2486.0
6.2
200.0
74.1
95.2
95.3
105.1
12.8
3074.6
2513.7
6.2
201.8
75.4
97.6
96.6
106.6
13.0
3110.9
8
9
10
11
12
13
14
15
16
48.3
48.3
50.0
50.0
52.3
52.3
54.9
54.9
57.3
57.3
55.2
55.2
57.0
57.0
57.2
57.2
57.3
57.3
57.3
57.3
59.4
59.4
17
18
21.1
21.1
25.6
25.6
26.5
26.5
26.9
26.9
27.4
27.4
27.2
27.2
27.3
27.3
27.4
27.4
27.4
27.4
27.6
27.6
27.5
27.5
19
20
Levels
19
20
21
51.8
51.8
49.0
43.1
41.2
42.4
41.6
41.3
41.2
40.4
40.6
21
22
23
24
25
26
27
0.4
6.4
0.0
39.0
2.8
3.2
0.5
6.3
0.0
39.7
2.4
2.9
0.6
6.7
0.0
36.7
2.2
2.9
0.5
7.0
0.0
30.6
2.9
2.1
0.6
7.2
0.0
28.4
2.9
2.2
0.7
7.1
0.0
29.8
2.8
2.1
0.6
7.0
0.0
29.0
2.9
2.1
0.6
7.1
0.0
28.5
2.9
2.1
0.6
7.2
0.0
28.4
2.9
2.2
0.6
7.1
0.0
27.6
3.0
2.1
0.6
7.4
0.0
27.6
3.0
2.1
22
23
24
25
26
27
1370.5
0.0
31.2
232.6
155.2
101.5
1599.5
0.0
40.5
209.3
596.1
125.1
1632.8
0.0
62.7
115.0
626.6
135.6
1709.0
0.0
72.0
94.6
613.5
166.3
1889.2
22.4
12.6
94.1
1062.2
114.7
1782.2
27.1
159.5
90.8
799.8
185.6
1825.7
29.7
166.5
87.3
771.3
166.1
1871.3
25.3
93.2
86.9
948.1
154.0
1889.2
22.4
12.6
94.1
1062.2
114.7
1916.9
16.7
12.8
92.7
1041.0
137.2
1880.5
16.7
12.4
93.9
1059.2
100.7
28
29
30
31
32
33
34
1891.0
2570.3
2572.7
2655.4
3195.1
3045.1
3046.6
3178.7
3195.1
3217.2
3163.4
34
80.5
80.5
71.2
71.2
60.7
60.7
69.1
69.1
68.7
68.7
66.3
66.3
63.7
63.7
63.5
63.5
68.7
68.7
67.7
67.7
68.6
68.6
35
36
276.6
516.9
203.1
523.2
171.6
496.4
137.8
549.7
126.0
568.8
154.3
551.4
128.5
551.6
117.9
566.7
126.0
568.8
142.9
583.9
142.1
578.5
37
38
793.5
726.3
667.9
687.6
694.8
705.7
680.1
684.6
694.8
726.8
720.6
39
0.0
0.0
0.0
1.8
0.9
0.9
7.7
3.8
3.8
8.8
4.4
4.4
8.7
4.4
4.4
8.8
4.4
4.4
8.7
4.4
4.4
8.7
4.4
4.4
8.7
4.4
4.4
8.7
4.4
4.4
8.7
4.4
4.4
40
41
42
37
38
39
(1) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
111
2009
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
554.2
0.5
553.7
10.9
0.7
10.3
0.8
0.8
0.1
100.5
0.7
99.8
9.5
0.7
8.9
47.2
0.7
46.5
28.7
0.7
28.0
13.3
0.7
12.6
9.5
0.7
8.9
8.6
0.5
8.1
2.3
0.6
1.7
1
2
3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4
5
15.5
15.5
15.9
15.9
14.4
14.4
12.6
12.6
13.7
13.7
16.8
16.8
13.0
13.0
12.5
12.5
13.7
13.7
13.4
13.4
12.0
12.0
6
7
27.0
27.0
22.1
22.1
24.7
24.7
24.3
24.3
24.9
24.9
26.2
26.2
28.0
28.0
28.4
28.4
24.9
24.9
25.9
25.9
27.6
27.6
8
9
6
7
8
9
265.2
182.7
40.4
42.1
273.6
192.4
39.2
42.0
288.4
207.1
39.7
41.6
302.8
222.3
37.9
42.6
300.3
219.2
38.3
42.8
302.6
221.3
38.1
43.2
298.6
216.5
38.5
43.7
303.2
220.3
38.8
44.1
300.3
219.2
38.3
42.8
297.0
215.5
38.4
43.1
300.7
219.2
38.8
42.6
10
11
12
13
14
265.2
273.6
288.4
302.8
300.3
302.6
298.6
303.2
300.3
297.0
300.7
14
Policy payables:
15
759.9
754.8
761.2
796.4
802.1
789.6
791.1
791.5
802.1
799.8
805.8
15
16
17
18
337.3
311.1
111.5
346.0
307.1
101.7
310.8
319.0
131.4
347.5
329.0
119.8
330.8
336.5
134.9
339.6
327.6
122.4
335.1
329.6
126.4
330.3
331.1
130.1
330.8
336.5
134.9
328.3
335.8
135.7
331.1
338.2
136.5
16
17
18
279.0
279.0
388.9
388.9
399.2
399.2
405.1
405.1
454.6
454.6
445.7
445.7
432.0
432.0
455.6
455.6
454.6
454.6
497.6
497.6
507.2
507.2
19
20
84.0
84.0
75.6
75.6
91.1
91.1
94.0
94.0
92.0
92.0
92.4
92.4
92.8
92.8
92.5
92.5
92.0
92.0
92.1
92.1
92.1
92.1
21
22
887.0
887.0
856.8
856.8
733.4
733.4
658.7
658.7
579.5
579.5
651.5
651.5
706.5
706.5
656.9
656.9
579.5
579.5
638.6
638.6
713.2
713.2
23
24
1015.3
1015.3
1077.2
1077.2
1142.9
1142.9
1213.7
1213.7
1254.1
1254.1
1197.2
1197.2
1203.5
1203.5
1223.3
1223.3
1254.1
1254.1
1265.5
1265.5
1178.4
1178.4
25
26
163.8
163.8
180.4
180.4
202.9
202.9
221.4
221.4
234.8
234.8
220.3
220.3
223.1
223.1
221.5
221.5
234.8
234.8
233.6
233.6
231.3
231.3
27
28
21
22
23
24
25
26
27
28
29
30
31
678.0
1276.3
1535.8
497.2
1131.7
1597.6
446.1
1348.9
1722.2
486.8
1615.1
1741.1
440.3
1487.5
1789.6
404.7
1400.7
1779.9
450.3
1521.9
1795.7
388.2
1453.2
1798.2
440.3
1487.5
1789.6
349.9
1305.8
1800.3
335.8
1295.1
1909.6
29
30
31
32
33
34
678.0
1276.3
1535.8
497.2
1131.7
1597.6
446.1
1348.9
1722.2
486.8
1615.1
1741.1
440.3
1487.5
1789.6
404.7
1400.7
1779.9
450.3
1521.9
1795.7
388.2
1453.2
1798.2
440.3
1487.5
1789.6
349.9
1305.8
1800.3
335.8
1295.1
1909.6
32
33
34
(1) Reciprocal currency arrangements (swap lines) with foreign central banks.
(2) Includes Uniform Services Retiree Health Care Fund and Postal Service Retiree Health Benefits Fund.
(3) Assets of the household sector.
Levels
112
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
6020.4
5648.0
5787.1
5253.5
4990.2
5187.0
4917.9
5061.7
4990.2
4941.3
4780.6
2
3
1127.8
1210.7
1377.2
1243.3
1299.4
1192.4
740.9
1227.7
336.3
1235.3
710.0
1236.8
517.1
1238.3
476.5
1240.4
336.3
1235.3
318.9
1238.4
247.3
1238.8
2
3
4
5
Federal government
Rest of the world
4.3
1606.4
4.0
1747.3
3.6
2037.9
3.2
1817.8
2.8
1814.4
3.1
1782.3
3.0
1730.0
2.9
1820.9
2.8
1814.4
2.6
1792.3
2.5
1789.6
4
5
6
7
8
9
10
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
2.1
95.9
501.1
24.9
4.7
3.6
20.4
120.5
29.2
19.4
31.9
173.1
147.1
23.3
11.1
4.8
225.7
362.7
19.4
12.4
6.3
213.1
327.4
17.3
12.7
6.5
241.2
288.4
19.1
13.3
1.1
247.6
332.2
17.9
13.1
7.5
273.1
346.2
19.2
14.4
6.3
213.1
327.4
17.3
12.7
7.2
220.6
301.6
16.4
15.3
4.6
209.3
348.2
16.5
14.2
6
7
8
9
10
11
12
13
14
230.8
141.0
273.7
64.9
189.3
202.8
203.1
51.1
196.8
91.2
-18.4
66.0
194.1
74.9
3.9
74.4
282.4
69.2
-27.2
91.4
120.6
72.8
5.5
90.0
116.1
74.1
-11.4
80.0
198.7
71.1
-22.9
102.6
282.4
69.2
-27.2
91.4
280.5
66.4
-23.9
91.8
276.4
69.3
-36.1
92.8
11
12
13
14
15
16
17
-302.8
422.9
611.9
-733.7
548.0
622.6
-728.3
522.0
738.1
-788.1
481.1
798.6
-1263.5
833.8
1038.5
-951.4
732.6
816.3
-960.5
733.5
785.9
-1144.8
787.4
868.6
-1263.5
833.8
1038.5
-1234.1
899.1
948.3
-1271.8
901.6
877.5
15
16
17
12675.5
12425.6
12953.9
13353.8
14106.9
13546.6
13619.6
13754.4
14106.9
14199.5
14401.5
18
5973.8
2003.9
5931.6
1921.3
6343.8
1996.0
6377.6
2016.3
6785.1
2040.5
6407.4
2020.0
6450.4
2023.5
6511.1
2028.7
6785.1
2040.5
6858.3
2048.9
6976.5
2061.9
19
20
93.1
62.0
118.4
94.3
95.9
84.5
92.4
83.2
87.2
79.8
91.0
80.2
90.8
79.9
90.0
79.6
87.2
79.8
87.7
80.5
87.4
75.5
21
22
18
Levels
Total liabilities
2009
Total assets
19
20
21
22
23
1865.9
1799.5
1919.5
1931.5
2071.5
2018.7
2023.2
2039.3
2071.5
2038.7
2017.8
23
24
25
26
27
28
Monetary authority
U.S.-chartered depository institutions
Foreign banking offices in U.S.
Banks in U.S.-affiliated areas
Credit unions
16.1
946.5
259.7
11.1
30.0
65.6
687.2
143.9
6.5
30.6
83.0
575.4
148.7
11.0
71.9
126.0
613.6
371.4
11.8
59.1
190.6
469.8
354.2
12.0
59.8
141.6
528.9
299.6
11.8
67.4
159.3
556.2
349.6
15.8
61.2
174.0
558.0
337.6
13.2
60.6
190.6
469.8
354.2
12.0
59.8
211.9
415.5
338.2
12.4
67.9
226.5
428.5
392.7
18.5
72.3
24
25
26
27
28
29
30
31
324.9
477.3
94.6
303.7
514.4
86.1
286.5
526.7
102.2
326.1
570.8
111.0
351.8
568.0
111.3
310.4
558.3
109.5
319.3
563.4
110.0
332.1
566.5
110.9
351.8
568.0
111.3
319.0
561.6
107.2
312.6
568.7
111.9
29
30
31
32
33
Mutual funds
Money market mutual funds
20.0
35.2
14.9
26.9
2.9
23.5
5.7
22.7
-27.4
28.8
-34.5
17.8
-50.0
19.9
-45.3
25.1
-27.4
28.8
-16.2
31.5
-16.2
31.9
32
33
34
35
36
Government-sponsored enterprises
Finance companies
REITs
99.1
-169.5
54.6
100.3
-109.2
46.1
148.6
-129.0
53.5
148.5
-131.0
66.8
152.6
-170.6
89.3
150.1
-139.7
72.4
135.9
-154.3
73.9
139.6
-163.7
82.4
152.6
-170.6
89.3
167.9
-180.8
97.5
167.7
-185.2
108.9
34
35
36
37
38
31.3
446.0
53.2
590.3
52.6
556.7
39.9
510.4
31.9
820.7
62.1
773.7
42.7
749.0
48.7
765.9
31.9
820.7
61.7
890.0
55.0
888.8
37
38
-7931.4
-7909.2
-8515.7
39
39
Discrepancy
-9715.4 -10604.3
113
1
2
3
4
5
6
7
8
9
Assets
Nonfinancial assets
Real estate
Households (2,3)
Nonprofit organizations
Equipment (nonprofits) (4)
Intellectual property products (nonprofits) (4)
Consumer durable goods (4)
Financial assets
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
71448.5
72931.6
77081.5
78265.0
84238.9
80588.7
80677.4
82810.9
84238.9
87026.1
88369.4
24831.9
23657.3
23319.2
23251.3
24934.3
23733.5
24112.8
24533.6
24934.3
25846.6
26516.1
19879.5
17390.4
2489.1
268.5
105.4
4578.6
18679.7
16877.5
1802.2
279.5
110.0
4588.1
18326.8
16299.4
2027.4
290.6
115.0
4586.7
18096.7
15863.9
2232.8
304.6
123.6
4726.4
19638.8
17280.5
2358.3
315.1
132.4
4848.0
18533.2
16309.4
2223.8
307.7
126.2
4766.3
18875.6
16640.1
2235.5
309.7
129.1
4798.4
19270.2
16946.1
2324.1
312.2
131.1
4820.1
19638.8
17280.5
2358.3
315.1
132.4
4848.0
20496.8
18103.1
2393.8
317.2
134.6
4897.9
21123.5
18631.1
2492.5
319.2
136.1
4937.3
3
4
5
6
7
8
46616.5
49274.3
53762.3
55013.7
59304.6
56855.2
56564.6
58277.3
59304.6
61179.5
61853.3
10
11
12
13
14
Deposits
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
8043.5
56.9
364.9
6115.0
1506.8
7969.8
50.2
400.6
6278.1
1240.8
7924.7
49.7
425.2
6395.8
1054.1
8572.4
46.9
749.2
6749.9
1026.4
8997.8
45.1
820.8
7114.3
1017.6
8594.4
46.0
720.0
6863.3
965.1
8605.0
44.3
703.2
6922.2
935.3
8658.3
46.4
698.9
6957.9
955.1
8997.8
45.1
820.8
7114.3
1017.6
8999.6
46.5
817.7
7172.2
963.1
9025.5
51.8
793.1
7203.4
977.1
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
5158.7
6.0
193.7
194.0
-0.3
1050.2
1720.9
1952.7
29.7
110.9
94.6
5589.0
22.7
868.5
191.2
677.3
347.1
1827.9
2299.2
26.8
108.0
88.8
5847.6
21.1
1220.9
187.9
1033.0
264.2
1871.7
2270.8
26.2
94.2
78.4
5467.4
19.4
828.2
185.2
643.0
227.0
1806.8
2399.6
23.4
91.0
72.0
5575.2
19.0
1108.9
182.4
926.5
75.1
1657.0
2556.6
20.9
70.5
67.1
5414.7
19.9
944.2
184.7
759.4
139.2
1780.8
2347.0
26.5
85.7
71.4
5447.1
19.2
990.8
184.3
806.4
144.8
1774.4
2343.3
23.2
80.4
70.9
5482.2
19.1
1010.4
183.6
826.8
116.6
1709.0
2460.8
23.1
75.6
67.5
5575.2
19.0
1108.9
182.4
926.5
75.1
1657.0
2556.6
20.9
70.5
67.1
5535.8
20.0
1162.6
181.7
980.9
14.0
1662.6
2522.5
22.7
66.5
65.0
5505.7
15.4
1192.8
180.9
1012.0
32.4
1647.1
2472.0
20.4
61.7
63.8
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
5923.7
3313.7
742.7
1049.8
14061.8
7556.4
766.3
7487.4
4119.9
668.6
1109.2
15205.4
6324.1
800.9
8990.2
4598.3
694.3
1137.2
16745.0
7019.1
805.9
9045.8
4452.3
752.4
1203.6
17115.2
7528.4
876.1
10322.0
5315.9
776.0
1186.1
18075.1
8186.3
870.2
9771.5
4979.4
762.3
1199.4
17641.6
7625.1
866.9
9503.3
4864.5
777.7
1172.6
17588.7
7744.5
861.2
10214.4
5155.1
780.2
1180.6
17928.7
8018.4
859.4
10322.0
5315.9
776.0
1186.1
18075.1
8186.3
870.2
11250.8
5786.1
782.6
1194.5
18560.9
8205.9
863.2
11461.7
5864.7
820.3
1197.7
18736.6
8373.8
867.4
26
27
28
29
30
31
32
14234.4
14011.7
13773.9
13568.3
13598.0
13527.2
13546.7
13474.8
13598.0
13547.0
13548.4
33
13805.8
10534.4
2651.4
259.5
26.4
133.2
200.9
13533.9
10377.0
2553.5
265.4
10.2
133.7
194.1
13196.8
9906.2
2648.1
263.2
61.0
136.1
182.2
13017.0
9677.8
2757.2
255.5
12.4
138.1
176.1
12979.7
9436.3
2924.3
241.0
66.3
139.3
172.5
12943.5
9593.9
2749.1
253.8
34.8
137.8
174.2
12983.7
9536.8
2799.0
249.5
88.0
137.6
172.9
12886.7
9448.7
2859.3
245.6
23.1
138.3
171.7
12979.7
9436.3
2924.3
241.0
66.3
139.3
172.5
12925.1
9386.6
2924.4
239.4
63.1
140.1
171.6
12932.5
9344.8
2966.2
235.7
73.0
140.3
172.5
34
35
36
37
38
39
40
164.8
236.7
27.0
203.0
252.7
22.1
278.2
274.1
24.7
238.9
288.2
24.3
303.7
289.7
24.9
267.7
289.8
26.2
244.5
290.5
28.0
269.1
290.5
28.4
303.7
289.7
24.9
307.9
288.1
25.9
302.6
285.7
27.6
41
42
43
57214.1
58920.0
63307.6
64696.7
70640.8
67061.5
67130.7
69336.1
70640.8
73479.1
74820.9
44
12985.7
12780.0
205.6
1537.8
12680.7
12479.0
201.7
1487.7
12730.1
12526.6
203.5
1500.8
12846.1
12640.3
205.8
1554.1
13218.9
13010.0
208.9
1600.3
12845.9
12640.9
205.0
1565.2
12922.4
12717.0
205.5
1580.5
13068.5
12861.5
207.0
1590.7
13218.9
13010.0
208.9
1600.3
13451.5
13238.9
212.6
1619.6
13654.4
13438.6
215.8
1644.4
45
46
47
48
10995.4
10937.2
11243.7
11787.4
12245.8
12085.7
12171.9
12205.1
12520.4
12296.9
12395.6
49
520.3
538.7
563.0
548.9
576.9
554.9
551.5
568.1
564.2
597.5
603.6
50
6856.0
6500.5
6393.2
6186.1
7844.2
6715.6
7103.3
7497.4
7844.2
8716.5
9286.2
51
39.4
38.5
39.2
39.0
45.4
41.2
42.7
44.2
45.4
48.1
49.8
52
33
Liabilities
34
35
36
37
38
39
40
41
42
43
Security credit
Trade payables (9)
Deferred and unpaid life insurance premiums
44
45
46
47
48
49
Net worth
Memo:
Replacement-cost value of structures:
Residential
Households
Nonprofit organizations
Nonresidential (nonprofits)
(1) Sector includes domestic hedge funds, private equity funds, and personal trusts.
(2) At market value.
(3) All types of owner-occupied housing including farm houses and mobile homes, as well as second homes that are not rented, vacant homes for sale, and vacant land.
(4) At replacement (current) cost.
(5) Syndicated loans to nonfinancial corporate business by nonprofits and domestic hedge funds.
(6) Value based on the market values of equities held and the book value of other assets held by mutual funds.
(7) Net worth of nonfinancial noncorporate business (table B.103, line 33) and owners equity in unincorporated security brokers and dealers.
(8) Includes loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table L.218, line 23.
(9) Liabilities of nonprofit organizations.
(10) Line 4 less line 35.
(11) Line 51 divided by line 4.
Balance Sheets
2008
114
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
Balance Sheets
22
Assets
Nonfinancial assets
Real estate (1)
Equipment (2)
Intellectual property products (2)
Inventories (2)
Financial assets
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
Security RPs
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Mortgages
Consumer credit
Trade receivables
Mutual fund shares (1)
Miscellaneous assets
Liabilities
29881.5
27306.1
29194.1
30867.7
32622.9
31169.8
31442.6
32171.5
32622.9
32984.1
33662.2
16944.7
13972.3
15160.4
16325.4
17121.8
16411.9
16502.0
16940.3
17121.8
17247.6
17686.3
9700.0
3894.2
1539.3
1811.1
6868.1
3826.9
1572.1
1705.3
7759.8
3887.7
1639.3
1873.6
8570.6
4023.7
1719.8
2011.2
9056.2
4146.9
1819.1
2099.6
8546.8
4062.5
1750.9
2051.6
8592.4
4084.7
1783.9
2041.0
8929.2
4115.2
1806.1
2089.8
9056.2
4146.9
1819.1
2099.6
9120.7
4169.7
1842.1
2115.1
9521.8
4191.1
1857.4
2116.1
3
4
5
6
12936.9
13333.8
14033.7
14542.3
15501.1
14757.9
14940.5
15231.1
15501.1
15736.5
15975.9
24.7
14.2
381.9
727.0
7.2
57.3
30.5
10.2
26.2
33.6
56.0
2084.9
106.3
9376.9
31.5
155.0
488.8
655.5
7.9
56.0
43.0
14.3
27.1
29.5
53.8
2053.9
162.0
9555.5
40.6
234.6
548.7
497.8
12.1
68.0
48.0
16.0
23.9
28.0
46.2
2155.8
186.8
10127.0
34.8
269.0
563.0
462.4
12.6
68.0
43.2
14.4
22.5
28.2
48.5
2238.0
165.9
10571.9
13.3
363.4
584.9
458.3
10.4
60.5
50.4
11.8
34.8
28.4
48.5
2327.5
181.7
11327.3
21.8
285.7
573.8
445.2
14.0
58.5
41.7
13.9
25.8
28.2
47.2
2335.5
180.8
10685.8
10.4
317.6
568.9
433.5
13.9
58.0
51.7
14.7
24.9
28.3
47.3
2411.4
174.3
10785.8
9.9
349.4
577.9
440.5
11.2
60.4
56.2
16.2
29.2
28.3
47.8
2422.1
180.1
11001.8
13.3
363.4
584.9
458.3
10.4
60.5
50.4
11.8
34.8
28.4
48.5
2327.5
181.7
11327.3
28.7
407.7
593.3
448.6
10.0
57.2
41.7
3.9
20.9
28.4
42.0
2430.9
190.4
11432.7
39.5
385.8
596.8
437.2
11.8
57.4
48.1
6.0
28.5
28.5
42.0
2483.0
190.1
11621.2
8
9
10
11
12
13
14
15
16
17
18
19
20
21
13225.1
12904.6
13227.9
13443.1
13974.8
13526.2
13616.7
13787.5
13974.8
14049.9
14191.8
22
23
24
25
26
27
28
29
7573.3
131.5
415.0
3954.5
780.1
1384.0
908.2
7342.2
58.4
452.2
4366.2
546.0
1139.1
780.3
7473.3
82.9
485.4
4804.8
480.9
948.3
671.0
7991.0
116.3
493.9
5215.6
549.8
1008.1
607.3
8686.9
130.3
509.1
5795.2
609.5
1039.8
603.0
8107.3
127.6
495.2
5346.4
542.4
992.5
603.2
8241.8
132.1
505.3
5452.9
566.2
986.7
598.7
8438.7
136.0
504.1
5599.7
574.7
1032.4
591.7
8686.9
130.3
509.1
5795.2
609.5
1039.8
603.0
8825.9
140.1
510.4
5937.7
605.4
1042.3
590.0
9026.7
147.2
515.0
6077.4
621.5
1065.3
600.2
23
24
25
26
27
28
29
30
31
32
Trade payables
Taxes payable
Miscellaneous liabilities
1672.7
39.0
3940.2
1590.2
35.7
3936.5
1746.5
42.9
3965.2
1765.4
51.7
3635.0
1888.0
57.0
3342.9
1794.0
62.0
3562.9
1841.9
59.4
3473.7
1870.6
60.0
3418.2
1888.0
57.0
3342.9
1913.6
63.4
3246.9
1918.6
57.5
3188.9
30
31
32
33
16656.4
14401.5
15966.2
17424.6
18648.1
17643.6
17825.9
18384.0
18648.1
18934.2
19470.5
33
166.1
7257.4
10016.6
45.5
75.6
60.1
163.5
6882.9
12512.2
51.0
58.7
86.9
166.3
7114.3
14370.7
46.8
52.0
90.0
168.4
7456.1
14500.3
45.9
55.1
83.2
169.1
7655.8
16118.8
46.6
53.9
86.4
167.3
7500.2
15817.2
46.0
51.3
89.6
167.2
7564.7
15367.3
46.2
53.6
86.2
168.0
7605.2
16330.5
45.9
51.7
88.8
169.1
7655.8
16118.8
46.6
53.9
86.4
172.0
7744.0
17829.2
46.6
49.5
94.2
174.5
7860.0
18077.9
46.4
49.9
92.8
34
35
36
37
38
39
23529.7
23980.1
25015.2
25992.5
27454.3
26377.1
26662.3
27084.8
27454.3
27839.6
28199.4
40
34
35
36
37
38
39
Memo:
Replacement-cost value of structures:
Residential
Nonresidential
Market value of equities outstanding
Debt/net worth (percent) (5)
Debt/equities (percent) (6)
Equities/net worth (percent) (7)
With nonfinancial assets stated at historical cost:
40
Assets (8)
41
42
43
44
45
Nonfinancial assets
Real estate
Equipment
Intellectual property products
Inventories
10592.8
4032.6
3494.4
1436.2
1629.5
10646.4
4209.8
3463.8
1480.1
1492.7
10981.5
4379.6
3502.6
1539.7
1559.5
11450.2
4547.8
3608.6
1609.9
1683.8
11953.2
4738.9
3748.7
1685.0
1780.6
11619.1
4595.9
3643.1
1628.3
1751.9
11721.7
4641.3
3678.4
1646.8
1755.2
11853.7
4684.9
3711.9
1665.6
1791.3
11953.2
4738.9
3748.7
1685.0
1780.6
12103.1
4783.3
3785.1
1704.8
1830.0
12223.5
4844.8
3821.2
1723.5
1834.1
41
42
43
44
45
46
10304.6
11075.6
11787.3
12549.4
13479.5
12850.9
13045.5
13297.3
13479.5
13789.6
14007.6
46
79.0
3509.2
73.5
80.7
3682.7
66.3
81.6
3811.2
63.4
82.6
3953.7
63.7
84.2
4130.5
64.4
83.0
3995.6
63.1
83.3
4038.8
63.2
83.7
4083.0
63.5
84.2
4130.5
64.4
84.7
4173.0
64.0
85.3
4219.1
64.4
47
48
49
Memo:
Historical-cost value of structures:
47
Residential
48
Nonresidential
49 Debt/net worth (percent) (10)
115
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
13340.1
12039.3
12674.1
13256.6
13984.7
13361.7
13496.2
13786.8
13984.7
14018.0
14222.4
Nonfinancial assets
9647.0
8463.2
8946.3
9509.5
10171.9
9604.3
9726.7
10002.3
10171.9
10189.9
10369.7
3
4
5
8573.6
4747.0
3826.6
7408.5
4349.9
3058.6
7840.0
4476.5
3363.4
8340.4
4659.1
3681.2
8968.4
5027.4
3940.9
8417.9
4715.8
3702.1
8536.5
4790.3
3746.2
8799.7
4928.7
3871.0
8968.4
5027.4
3940.9
9015.6
5187.6
3828.0
9222.5
5294.5
3928.0
3
4
5
6
7
8
Equipment (2)
Residential (3)
Nonresidential
663.3
46.6
616.8
657.1
44.0
613.1
667.4
42.2
625.2
693.7
43.7
650.0
712.9
44.1
668.8
702.0
44.4
657.6
704.9
44.4
660.5
711.2
44.0
667.2
712.9
44.1
668.8
693.0
44.1
648.9
670.8
43.5
627.3
6
7
8
171.0
239.0
175.8
221.9
183.0
256.0
191.0
284.4
201.8
288.8
195.6
288.7
199.8
285.5
202.3
289.1
201.8
288.8
191.1
290.1
180.3
296.1
9
10
3693.1
3576.1
3727.8
3747.1
3812.9
3757.4
3769.5
3784.5
3812.9
3828.1
3852.7
11
519.4
358.1
75.4
534.3
353.3
73.7
531.5
356.2
76.8
529.5
360.4
77.7
543.0
364.7
78.6
532.0
360.9
77.8
534.8
361.5
78.0
538.0
362.5
78.2
543.0
364.7
78.6
545.0
366.0
78.9
548.4
368.4
79.5
12
13
14
95.8
89.1
95.8
96.9
98.0
97.0
97.2
97.4
98.0
98.4
99.0
15
51.8
4.9
39.1
0.0
46.1
5.1
37.9
0.0
48.1
5.6
42.1
0.0
48.6
5.7
42.6
0.0
49.2
5.8
43.1
0.0
48.7
5.7
42.6
0.0
48.8
5.7
42.7
0.0
48.9
5.7
42.8
0.0
49.2
5.8
43.1
0.0
49.4
5.8
43.2
0.0
49.7
5.8
43.5
0.0
16
17
18
19
522.7
2121.8
111.5
6.4
2003.9
496.3
2029.3
101.7
6.3
1921.3
533.4
2134.1
131.4
6.7
1996.0
539.6
2143.1
119.8
7.0
2016.3
546.0
2182.5
134.9
7.2
2040.5
540.3
2149.4
122.4
7.1
2020.0
541.3
2156.8
126.4
7.0
2023.5
542.7
2165.9
130.1
7.1
2028.7
546.0
2182.5
134.9
7.2
2040.5
548.0
2191.7
135.7
7.1
2048.9
551.6
2205.8
136.5
7.4
2061.9
20
21
22
23
24
5794.4
5730.0
5670.9
5741.2
5817.0
5754.9
5770.0
5787.5
5817.0
5831.3
5867.9
25
4093.2
3984.5
3946.3
3971.4
4039.6
3977.1
3991.7
4007.2
4039.6
4045.9
4080.0
26
1046.1
177.3
2869.9
944.0
172.0
2868.5
923.7
170.6
2852.0
980.4
171.2
2819.9
1070.6
180.6
2788.4
1008.5
172.8
2795.8
1031.5
174.5
2785.7
1047.8
177.0
2782.3
1070.6
180.6
2788.4
1075.4
180.6
2789.9
1092.6
180.7
2806.6
27
28
29
380.6
106.2
1214.3
397.4
99.9
1248.1
427.7
99.2
1197.7
435.8
100.4
1233.6
434.1
101.6
1241.7
434.4
100.5
1242.8
433.2
100.7
1244.3
432.9
101.0
1246.5
434.1
101.6
1241.7
438.7
102.0
1244.6
440.2
102.8
1245.0
30
31
32
7545.7
6309.3
7003.2
7515.3
8167.7
7606.8
7726.2
7999.3
8167.7
8186.7
8354.5
33
2881.7
1682.0
2815.4
1586.0
2839.6
1595.4
2861.5
1646.1
2875.3
1682.6
2845.6
1657.1
2846.2
1671.2
2862.1
1678.5
2875.3
1682.6
2920.4
1724.6
2959.2
1769.4
34
35
54.2
63.2
56.4
52.8
49.5
52.3
51.7
50.1
49.5
49.4
48.8
36
9
10
11
Assets
2009
Financial assets
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
Treasury securities
Municipal securities
Mortgages
Consumer credit
Trade receivables
Miscellaneous assets
Insurance receivables
Equity investment in GSEs (4)
Other
Liabilities
Credit market instruments
Depository institution loans n.e.c.
Other loans and advances
Mortgages
Trade payables
Taxes payable
Miscellaneous liabilities
Net worth (5)
Memo:
34
35
36
Balance Sheets
2008
116
2009
2010
2011
2012
2012
Q1
1
2
Q2
2013
Q3
Q4
Q1
Q2
-10704.5
1705.9
4387.6
1389.1
5944.1
2364.9
69.2
2205.3
1304.8
2838.3
1341.8
1135.9
925.2
1262.8
1496.4
1164.2
240.9
286.6
243.7
393.0
500.6
185.6
3
4
5
289.4
1613.6
1324.2
105.4
1429.3
1323.8
130.3
1448.9
1318.6
167.3
1509.6
1342.2
240.2
1613.2
1373.0
56.2
395.2
338.9
55.7
397.5
341.9
59.9
404.7
344.8
68.4
415.8
347.4
79.8
423.1
343.3
83.3
430.9
347.6
3
4
5
6
7
8
846.5
704.9
-141.6
819.7
640.5
-179.3
1132.5
889.3
-243.2
1329.1
1118.2
-210.9
924.0
1018.4
94.4
184.7
141.2
-43.5
231.0
255.5
24.6
183.8
171.6
-12.2
324.6
450.1
125.6
420.8
369.8
-51.0
102.2
103.7
1.4
6
7
8
-11693.1
397.4
3015.2
166.5
4713.8
2146.9
-133.6
1810.5
890.0
2324.1
1052.8
-3690.9
-3886.6
-1336.0
-1258.0
-88.7
-1432.9
0.0
-1235.7
1572.1
471.7
-1162.4
35.7
716.3
-0.3
-376.3
1690.2
250.8
507.6
19.0
924.9
-1.0
-254.4
343.7
-363.7
564.2
-20.4
-102.8
-0.2
1502.0
1639.2
444.4
656.7
8.7
462.8
-0.1
424.5
828.9
386.5
89.2
7.5
410.2
-0.0
329.3
-260.8
-165.6
118.2
-6.3
-148.3
-0.0
378.5
802.6
136.1
277.0
8.0
208.4
0.0
369.7
268.5
87.4
172.3
-0.4
-7.5
0.0
836.0
929.0
166.0
9.7
13.5
369.9
0.0
602.3
265.4
-39.1
166.7
1.2
56.3
0.0
10
11
12
13
14
15
16
9
10
11
12
13
14
15
16
17
18
19
20
21
-26.8
-41.0
-85.4
22.2
-35.0
2.4
-4.9
-17.2
-15.4
-2.7
-14.0
17
-32.0
3.9
1.2
-40.8
-0.5
0.3
-88.3
1.4
1.5
17.9
2.0
2.3
-38.8
0.6
3.2
1.0
0.4
1.1
-5.6
-0.7
1.4
-18.1
0.3
0.6
-16.1
0.7
0.1
-3.2
-0.3
0.8
-14.2
-0.1
0.3
18
19
20
-120.5
424.3
195.0
-296.0
101.2
-25.3
-79.0
168.3
37.2
16.3
117.5
21
57214.1
10995.4
58920.0
10937.2
63307.6
11243.7
64696.7
11787.4
70640.8
12245.8
67061.5
12085.7
67130.7
12171.9
69336.1
12205.1
70640.8
12520.4
73479.1
12296.9
74820.9
12395.6
22
23
Memo:
Balance Sheets
22
23
(1) Sum of net investment (line 2), holding gains (lines 9 and 17), and other volume changes (line 21).
(2) Calculated as change in amount outstanding less net purchases during period less disaster-related losses to fixed assets.
(3) Consists of statistical discontinuities and disaster-related losses to fixed assets. Also includes the difference between series for consumption of fixed capital published by BEA.
(4) Table B.100, line 44.
117
1
2
2009
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
-1926.8
-2254.9
1564.7
1458.4
1223.5
219.0
182.3
558.1
264.1
286.1
536.3
-976.6
398.6
55.0
-158.2
121.6
29.6
7.8
38.9
45.2
46.7
29.5
3
4
5
6
302.7
1358.6
1092.9
-37.0
-87.8
1009.3
1090.4
6.7
187.6
1238.9
1092.4
-41.0
258.9
1337.2
1134.4
-56.0
327.6
1504.1
1186.6
-10.0
88.2
375.1
291.8
-4.9
75.3
373.3
295.5
2.5
89.1
382.0
298.3
-5.5
75.1
373.8
300.8
-2.1
72.8
374.1
304.6
-3.3
74.2
384.2
307.2
2.7
3
4
5
6
7
8
9
-943.3
-604.2
339.1
551.0
302.4
-248.5
145.5
633.2
487.8
55.4
513.2
457.8
194.0
891.5
697.5
14.4
152.4
138.0
59.6
206.3
146.7
48.7
258.8
210.1
71.3
274.0
202.7
37.9
172.9
135.0
41.5
226.0
184.6
7
8
9
-336.0
-64.6
-278.0
-472.5
-400.0
-72.9
-127.0
-98.9
-101.1
-64.0
-86.2
10
10
11
-1178.6
-2875.2
846.1
750.3
424.2
-29.1
21.4
326.1
105.9
55.9
365.5
11
12
13
Real estate
Mutual fund shares
-1123.4
-55.2
-2895.7
20.4
832.5
13.6
758.3
-8.1
406.8
17.4
-44.5
15.3
27.5
-6.1
319.8
6.3
103.9
2.0
46.8
9.1
365.4
0.1
12
13
7.9
165.6
3.7
135.7
53.2
19.0
-50.8
78.9
6.1
-25.3
-36.3
14
104.8
12.8
-66.5
-10.1
3.0
39.9
48.4
22.2
63.6
62.2
27.6
42.5
21.1
45.2
7.4
12.6
17.7
11.1
-4.4
19.6
-25.3
6.1
8.8
19.7
6.7
-0.8
1.8
-3.6
8.8
4.0
-4.6
2.3
-9.0
15
16
17
-144.4
-101.2
-35.7
-168.5
-145.6
-15.0
-7.1
-10.6
-24.9
-4.4
-25.1
-2.7
-28.1
12.6
54.3
10.1
-26.1
-24.4
-47.8
-13.3
-27.2
-2.3
18
19
220.5
56.2
659.9
730.6
624.4
199.5
203.8
114.2
106.9
208.9
177.6
20
16656.4
14401.5
15966.2
17424.6
18648.1
17643.6
17825.9
18384.0
18648.1
18934.2
19470.5
21
14
15
16
17
18
19
20
(1) Sum of net investment (line 2), holding gains (lines 11 and 14), and other volume changes (line 20).
(2) Calculated as change in amount outstanding less net purchases during period less disaster-related losses to fixed assets.
(3) Before inventory valuation adjustment.
(4) Consists of statistical discontinuities and disaster-related losses to fixed assets.
(5) Table B.102, line 33.
Balance Sheets
Memo:
21
118
2009
2010
2011
2012
2012
Q1
Net investment
2013
Q2
Q3
Q4
Q1
Q2
-1543.1
-1236.4
693.8
512.2
652.4
91.5
119.4
273.1
168.4
19.0
167.8
-3.3
-6.0
-7.8
-1.6
-4.9
-0.0
-0.0
-0.0
-4.9
0.0
0.0
-295.4
-64.4
194.2
-51.6
-0.4
0.1
-0.1
-2.2
1.8
11.3
0.8
4
5
6
52.6
307.1
254.5
-12.8
240.2
253.0
-10.8
241.0
251.8
-0.9
255.8
256.8
9.3
273.8
264.5
3.4
68.7
65.3
2.9
68.7
65.9
0.3
66.7
66.4
2.7
69.7
66.9
10.3
78.0
67.7
12.9
81.4
68.5
4
5
6
7
8
9
-49.3
97.2
146.6
18.8
-117.0
-135.8
18.6
151.7
133.1
2.5
19.3
16.8
-4.3
65.8
70.1
-3.4
10.3
13.6
-2.9
12.2
15.0
-0.3
15.0
15.3
2.2
28.3
26.1
-10.3
15.2
25.6
-12.9
24.6
37.5
7
8
9
10
-298.7
-70.4
186.5
-53.2
-5.3
0.1
-0.1
-2.2
-3.1
11.3
0.8
10
11
-1259.3
-1166.0
449.2
513.7
635.5
77.8
118.9
263.1
175.7
46.9
204.9
11
-900.6
-358.7
-387.2
-778.9
143.6
305.5
197.2
316.5
383.2
252.4
58.7
19.1
76.8
42.1
140.3
122.8
107.4
68.3
160.6
-113.7
106.4
98.5
12
13
16.2
-4.9
44.7
50.4
26.2
13.7
0.6
12.2
-0.3
-39.2
-37.9
14
0.1
21.9
1.5
-7.3
-2.7
6.2
0.2
-8.6
-2.3
8.8
2.0
36.2
1.3
15.6
2.4
31.1
1.0
11.3
4.6
9.3
0.8
6.2
3.6
3.1
0.1
0.7
2.6
-2.8
-0.2
4.8
0.8
6.8
0.3
-0.5
-2.3
2.2
0.4
-21.4
-12.0
-6.2
-0.3
-23.1
-12.0
-2.5
15
16
17
18
-1.3
5.0
13.4
1.3
-4.0
-0.1
0.0
0.0
-4.0
0.0
0.0
19
7545.7
6309.3
7003.2
7515.3
8167.7
7606.8
7726.2
7999.3
8167.7
8186.7
8354.5
20
12
13
14
15
16
17
18
19
Residential
Nonresidential
Holding gains on assets at current cost (3)
Residential equipment
Nonresidential equipment
Intellectual property products
Inventories
Other volume changes (4)
Memo:
Balance Sheets
20
(1) Sum of net capital transfers paid (line 2), net investment (line 3), holding gains (lines 11 and 14), and other volume changes (line 19).
(2) Shown on table F.103, line 30.
(3) Calculated as change in amount outstanding less net investment during period less disaster-related losses to fixed assets.
(4) Consists of statistical discontinuities and disaster-related losses to fixed assets.
(5) Table B.103, line 33.
119
B.100.e Balance Sheet of Households and Nonprofit Organizations with Equity Detail (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
2008
Assets
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
71448.5
72931.6
77081.5
78265.0
84238.9
80588.7
80677.4
82810.9
84238.9
87026.1
88369.4
Nonfinancial assets
24831.9
23657.3
23319.2
23251.3
24934.3
23733.5
24112.8
24533.6
24934.3
25846.6
26516.1
Financial assets
46616.5
49274.3
53762.3
55013.7
59304.6
56855.2
56564.6
58277.3
59304.6
61179.5
61853.3
8043.5
5158.7
7969.8
5589.0
7924.7
5847.6
8572.4
5467.4
8997.8
5575.2
8594.4
5414.7
8605.0
5447.1
8658.3
5482.2
8997.8
5575.2
8999.6
5535.8
9025.5
5505.7
4
5
10189.0
13082.2
15450.8
15095.2
17220.3
16584.0
15974.2
17056.0
17220.3
18846.5
19169.6
4
5
Deposits
Credit market instruments
Directly held
5923.7
7487.4
8990.2
9045.8
10322.0
9771.5
9503.3
10214.4
10322.0
11250.8
11461.7
Indirectly held
4265.3
5594.8
6460.6
6049.5
6898.4
6812.5
6470.9
6841.7
6898.4
7595.7
7708.0
956.9
1370.9
83.7
1853.7
1220.3
1795.4
116.8
2462.3
1420.5
2117.4
140.9
2781.7
1395.7
2015.1
134.4
2504.3
1556.5
2282.0
148.1
2911.8
1535.6
2268.8
153.1
2855.0
1489.4
2168.2
146.3
2666.9
1555.7
2288.5
153.3
2844.2
1556.5
2282.0
148.1
2911.8
1670.5
2538.8
167.8
3218.6
1695.9
2586.2
173.8
3252.0
9
10
11
12
9
10
11
12
13
Other
23225.3
22633.4
24539.2
25878.6
27511.2
26262.2
26538.3
27080.7
27511.2
27797.6
28152.5
13
14
Liabilities
14234.4
14011.7
13773.9
13568.3
13598.0
13527.2
13546.7
13474.8
13598.0
13547.0
13548.4
14
15
Net worth
57214.1
58920.0
63307.6
64696.7
70640.8
67061.5
67130.7
69336.1
70640.8
73479.1
74820.9
15
14.3
21.9
17.9
26.5
20.0
28.7
19.3
27.4
20.4
29.0
20.6
29.2
19.8
28.2
20.6
29.3
20.4
29.0
21.7
30.8
21.7
31.0
16
17
Memo:
16
17
Supplements
(1) Estimates of equity shares (lines 7 through 12) could differ from other sources owing to alternative definitions of ownership of equity by households.
Prior to 1985, all pension assets are assumed to have been in defined benefit plans.
(2) Defined contribution plans. Assets held by defined benefit pension funds are not considered assets of the household sector. Defined benefit pension entitlements are included in line 13.
120
1989
1990
1991
1992
1993
1995
1996
1997
1998
1999
2000
53.5
42.1
21.7
8.8
23.3
11.1
52.5
48.5
83.6
9.2
1.5
-6.0
39.6
70.9
75.8
53.8
46.4
53.0
45.2
76.5
84.9
120.0
47.4
55.0
28.8
108.1
3
4
5
6
0.5
-0.2
-13.1
0.4
-1.0
5.4
4.9
3.1
1.3
-6.2
-1.2
-2.2
4.0
10.4
32.9
-1.3
1.2
-2.4
4.0
6.0
1.7
-1.5
-13.8
0.5
-2.5
0.2
1.1
0.2
2.3
0.2
1.2
0.2
8.3
1.1
9.4
1.4
2.9
0.3
-1.8
0.0
3.1
1.1
7.1
1.3
2.3
0.6
3.8
0.7
5.1
0.8
4.5
0.8
3
4
5
6
54.9
21.9
22.2
-17.6
10.9
25.5
16.6
38.8
36.7
23.1
36.4
46.7
32.6
38.2
6.4
4.5
0.0
6.6
-0.8
-5.7
13.8
2.6
0.5
9.7
0.9
5.8
4.8
4.6
-0.5
8.2
-0.7
-35.2
6.1
3.6
0.0
7.9
-0.1
-5.8
6.8
3.1
0.2
5.6
0.9
12.4
5.1
2.3
0.3
4.5
0.9
4.7
6.4
2.9
0.4
2.4
-0.1
2.0
16.4
7.6
0.1
11.9
0.9
4.1
13.9
6.4
0.0
11.7
0.6
1.3
8.9
4.1
-0.1
8.3
0.6
3.0
11.6
5.4
0.1
15.4
0.9
4.7
17.5
8.1
0.1
15.4
0.8
12.4
5.4
2.5
0.0
10.5
1.7
8
9
10
11
12
13
5.2
-1.0
16.1
2.6
15.0
1.2
-18.6
-3.3
18.6
0.7
8.9
-0.7
45.1
1.5
-10.4
1.3
21.0
2.4
-30.6
-1.0
-40.7
0.4
-67.4
-3.3
15.4
-1.0
14
15
2.8
2.8
2.8
2.8
2.6
2.6
2.0
2.0
1.1
1.1
0.8
1.8
2.0
2.1
1.5
1.6
3.4
3.5
3.7
2.6
4.6
4.6
1.1
1.1
4.3
4.3
16
17
-0.1
18.6
-3.9
21.0
-6.0
24.5
15.2
20.5
10.6
1.2
7.0
15.0
0.2
10.1
10.2
38.0
8.4
24.4
9.7
38.3
12.5
24.7
12.0
31.2
16.3
25.0
18
19
17.3
33.6
32.1
37.6
29.7
34.1
24.0
36.4
36.3
38.2
53.5
34.7
68.5
20
7.5
11.7
11.8
14.3
10.0
13.8
2.4
-0.6
11.0
10.6
23.4
13.5
19.3
21
1.5
1.6
-0.0
4.4
3.2
1.4
-0.0
7.2
3.0
1.4
0.3
7.2
3.8
1.6
0.4
8.6
2.4
1.2
-0.2
6.6
1.1
2.0
0.1
10.7
3.2
-0.2
0.1
-0.8
0.2
-0.1
-0.1
-0.6
6.1
0.8
0.0
4.1
7.1
0.6
-0.2
3.1
11.8
1.9
-0.1
9.9
10.4
0.5
0.1
2.5
5.8
2.2
-0.3
11.6
22
23
24
25
2.4
7.4
16.2
5.8
9.3
10.9
9.4
13.8
5.9
13.8
6.0
14.3
5.2
16.5
7.9
29.1
8.0
17.3
8.9
18.7
8.7
21.4
4.1
17.0
3.8
45.4
26
27
8
9
10
11
12
13
14
15
Corporate equities
Mutual fund shares
16
17
Security credit
Trade receivables (2)
18
19
20
21
22
23
24
25
26
27
(1) Does not include religious organizations or organizations with less than $25,000 in gross annual receipts.
(2) Not included in table F.100.
Supplements
1994
121
2
3
4
5
7
8
9
10
11
12
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
590.7
710.5
742.1
828.1
890.2
957.1
1025.5
1214.0
1414.1
1607.3
1793.9
1974.7
2003.8
17.0
1.5
15.9
1.7
15.9
6.8
20.8
4.8
17.3
0.6
19.6
2.5
21.3
11.1
52.5
1.3
22.5
8.7
56.5
7.3
24.1
7.1
42.7
7.8
21.6
7.3
43.8
8.0
23.9
7.5
45.1
8.2
32.1
8.6
54.5
9.6
35.0
8.9
52.7
9.6
38.1
10.0
59.8
10.9
40.4
10.6
63.6
11.6
45.5
11.4
68.1
12.5
2
3
4
5
229.3
251.2
273.4
255.9
266.8
292.3
308.9
347.7
384.4
407.6
443.9
490.6
523.2
93.6
55.7
26.3
0.1
51.1
2.6
87.9
69.5
28.9
0.6
60.8
3.5
93.7
74.3
33.5
0.1
69.0
2.8
58.5
80.3
37.1
0.2
77.0
2.8
52.7
87.1
40.3
0.4
82.6
3.7
65.0
92.2
42.6
0.8
87.1
4.6
69.7
98.5
45.5
1.1
89.5
4.5
71.7
114.9
53.1
1.2
101.4
5.3
75.8
128.8
59.5
1.3
113.1
6.0
77.1
137.6
63.6
1.2
121.4
6.6
80.2
149.2
69.0
1.3
136.8
7.4
84.9
166.8
77.1
1.5
152.2
8.3
97.3
172.2
79.6
1.5
162.6
10.0
7
8
9
10
11
12
145.8
10.2
203.0
15.8
197.5
15.3
214.6
15.9
241.1
17.7
270.2
18.5
308.2
19.0
397.1
24.6
494.7
30.4
604.9
34.5
692.0
38.7
769.3
42.7
708.6
38.8
13
14
13
14
Corporate equities
Mutual fund shares
15
16
Security credit
Trade receivables (2)
25.7
25.7
28.5
28.5
31.1
31.1
33.1
33.1
34.3
34.3
35.0
36.1
37.1
38.1
38.6
39.7
42.0
43.2
45.8
45.8
50.3
50.3
51.5
51.5
55.8
55.8
15
16
17
18
26.1
92.0
22.2
112.9
16.2
137.4
31.4
158.0
42.0
159.2
49.0
174.2
49.2
184.3
59.4
222.2
67.8
246.7
77.5
285.0
90.0
309.7
102.0
340.9
118.3
365.9
17
18
253.8
287.5
319.5
357.1
386.8
421.0
444.9
481.4
517.7
555.8
609.3
644.1
712.5
19
154.4
166.1
177.9
192.3
202.3
216.1
218.5
217.9
228.9
239.5
262.9
276.4
295.7
20
79.6
11.8
0.3
62.7
82.7
13.1
0.3
70.0
85.7
14.5
0.5
77.2
89.5
16.1
0.9
85.8
91.9
17.3
0.7
92.3
93.0
19.3
0.8
103.0
96.1
19.2
0.9
102.2
96.4
19.1
0.8
101.6
102.4
19.8
0.9
105.7
109.6
20.4
0.7
108.8
121.3
22.3
0.6
118.7
131.7
22.7
0.7
121.2
137.5
24.9
0.4
132.8
21
22
23
24
41.3
58.2
57.4
63.9
66.8
74.8
76.2
88.6
82.1
102.5
88.1
116.8
93.2
133.3
101.1
162.4
109.1
179.7
118.0
198.4
126.8
219.7
130.9
236.8
134.7
282.1
25
26
19
20
21
22
23
24
25
26
Liabilities
Credit market instruments
Municipal securities
Depository institution loans n.e.c.
Other loans and advances
Commercial mortgages
Trade payables
Miscellaneous liabilities (2)
Supplements
(1) Does not include religious organizations or organizations with less than $25,000 in gross annual receipts.
(2) Not included in table L.100.
122
1
2
3
4
5
6
7
8
9
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
4043.8
1435.2
1041.9
281.1
18.8
993.1
139.6
155.4
-21.2
3691.2
1144.9
1026.1
246.0
14.8
969.4
136.3
174.3
-20.6
3885.0
1191.5
1057.1
346.3
15.7
989.0
137.2
171.1
-22.9
4074.1
1404.0
1097.1
345.0
16.3
922.6
137.4
175.4
-23.8
4259.2
1498.0
1122.9
402.4
17.8
955.3
131.4
159.1
-27.7
4233.7
1462.8
1124.4
406.0
16.8
947.0
132.0
169.1
-24.5
4234.4
1480.0
1122.2
397.4
17.4
949.7
130.3
163.5
-26.1
4248.5
1496.4
1118.8
407.2
17.1
952.0
130.5
155.0
-28.5
4320.3
1552.8
1126.3
399.2
19.9
972.6
132.6
148.7
-31.8
4547.3
1629.0
1140.7
375.4
19.2
1099.0
154.3
165.1
-35.5
4826.3
1664.8
1139.2
385.6
19.4
1105.5
381.0
169.8
-38.9
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
4844.0
2368.6
1862.8
45.0
515.0
52.6
5213.0
2442.1
2117.5
52.7
542.4
58.3
5451.8
2522.2
2250.5
50.6
572.7
55.9
5535.4
2526.1
2277.4
56.5
615.5
60.0
5621.6
2548.0
2334.8
49.9
631.6
57.3
5568.9
2542.3
2302.9
54.7
611.2
57.8
5636.5
2538.8
2328.4
51.6
660.0
57.6
5627.9
2572.9
2341.9
52.3
604.8
56.0
5653.0
2538.1
2366.1
40.9
650.2
57.7
5630.1
2525.3
2400.4
47.6
598.8
58.0
5681.3
2518.1
2403.5
51.9
649.0
58.8
10
11
12
13
14
15
16
17
18
19
20
-800.2
426.5
-0.6
4.8
-13.3
-1521.7
442.7
0.5
5.0
-3.4
-1566.8
458.1
-1.7
4.9
8.1
-1461.3
478.1
-0.4
4.4
7.5
-1362.3
493.6
-1.4
4.6
5.8
-1335.1
488.9
-2.4
4.6
-0.8
-1402.1
492.7
-0.2
4.6
0.3
-1379.4
495.3
-1.6
4.6
0.8
-1332.7
497.4
-1.6
4.7
23.0
-1082.9
500.5
-1.9
5.3
-5.4
-855.0
503.5
-0.4
5.3
-10.0
16
17
18
19
20
21
-364.6
-1081.1
-1120.1
-994.7
-877.7
-847.6
-914.1
-887.8
-861.4
-580.4
-346.5
21
22
23
24
Gross investment
Fixed investment
Nonproduced nonfinancial assets
-495.5
634.6
-6.6
-1082.9
647.0
3.4
-1069.9
651.8
9.6
-1042.3
632.6
9.2
-754.1
619.0
8.9
-1139.8
617.3
8.9
-663.3
625.3
9.0
-429.9
620.6
8.8
-783.4
612.5
8.7
-777.0
598.8
9.2
171.8
599.9
8.8
22
23
24
-1123.6
523.0
4.2
321.6
17.6
3.0
-11.7
-1733.3
264.2
51.9
-155.1
9.6
9.8
-4.3
-1731.3
336.2
1.6
154.5
-6.8
13.7
-1.4
-1684.1
-165.1
16.2
-241.0
14.2
-0.5
-6.8
-1381.9
72.8
4.3
-2.3
20.5
-8.5
-6.7
-1766.0
-82.7
4.6
-129.7
11.0
-9.0
-7.1
-1297.7
290.5
13.0
89.8
29.7
-1.3
-1.0
-1059.4
75.9
3.1
-35.7
37.0
-5.8
-4.6
-1404.6
7.3
-3.7
66.5
4.0
-17.8
-14.0
-1384.9
223.7
3.3
5.1
11.9
3.2
2.5
-436.9
231.1
-1.0
119.5
46.7
-2.2
-1.7
25
26
27
28
29
30
31
43.9
-21.6
37.6
0.5
-5.2
8.0
19.5
5.2
248.8
-0.5
-11.2
-56.4
-36.3
288.3
-39.1
151.8
1.0
3.9
17.5
87.9
65.2
-1.7
1.7
-25.7
30.0
59.8
141.1
12.9
-24.9
1.4
7.7
8.2
133.1
2.7
23.8
2.8
12.4
27.8
-33.1
-13.4
-11.1
-132.1
0.0
-4.5
-0.9
131.2
4.0
35.8
-0.8
6.7
23.0
1.5
47.5
-5.1
-59.3
-0.7
-9.2
-9.5
129.4
2.1
-18.0
-2.5
11.4
13.2
13.8
-31.0
-5.4
-148.4
-0.8
-9.7
-7.4
129.1
11.6
-24.9
-2.6
5.1
36.3
64.5
161.0
-0.8
-10.1
-0.1
-1.4
0.1
165.9
7.4
-18.8
-0.4
19.8
-17.5
16.2
75.1
-3.5
-19.3
-0.5
-6.6
-8.5
121.1
-7.6
-13.2
-1.7
14.2
19.8
-12.3
-15.0
-10.8
-59.4
-1.5
-19.1
-22.4
101.3
-3.1
-15.1
-5.2
6.5
14.2
-13.0
184.9
1.9
10.7
0.3
3.3
7.8
148.2
12.7
-3.3
0.9
-5.3
-3.1
23.5
104.2
-1.3
-7.2
-0.2
-2.4
-2.8
117.2
0.9
-4.0
-0.6
6.0
-46.3
10.4
32
33
34
35
36
37
38
39
40
41
42
43
44
1646.6
0.0
0.0
-0.8
1301.7
-2.4
1286.8
0.2
17.1
0.0
61.2
1.0
283.6
1997.6
47.6
3.0
-0.4
1573.4
-2.8
1463.8
0.1
112.2
0.0
-17.3
1.1
390.1
2067.5
0.0
0.0
-0.3
1642.1
-3.3
1576.1
0.7
68.7
0.0
44.7
0.9
380.0
1519.0
0.0
0.0
0.0
1060.8
-2.7
1116.0
1.1
-53.6
0.0
47.8
1.3
409.1
1454.7
0.0
0.0
0.0
1146.3
-2.8
1155.1
-0.4
-5.7
0.0
47.4
0.3
260.7
1683.3
0.0
0.0
0.0
1444.3
-1.4
1436.4
-3.3
12.7
0.0
42.3
0.5
196.2
1588.3
0.0
0.0
0.0
1243.6
-2.1
1158.9
0.1
86.7
0.0
42.1
1.5
301.1
1135.3
0.0
0.0
0.0
785.4
-2.5
794.3
-0.3
-6.1
0.0
56.8
-0.2
293.3
1411.9
0.0
0.0
0.0
1111.7
-5.0
1230.7
1.9
-116.0
0.0
48.5
-0.5
252.2
1608.6
0.0
0.0
0.0
1248.6
-2.5
1180.5
-1.0
71.7
0.0
41.1
0.2
318.7
668.0
0.0
0.0
0.0
355.0
-3.7
324.4
1.3
33.0
0.0
62.5
0.8
249.7
45
46
47
48
49
50
51
52
53
54
55
56
57
131.0
1.8
-50.2
47.6
-123.6
292.1
-250.7
-457.9
-78.0
196.6
-518.2
58
-1434.8
311.2
-1123.6
-2168.7
435.4
-1733.3
-2218.6
487.4
-1731.3
-2093.9
409.8
-1684.1
-1981.3
599.4
-1381.9
-1952.5
186.5
-1766.0
-2027.4
729.7
-1297.7
-2000.0
940.6
-1059.4
-1945.3
540.7
-1404.6
-1681.7
296.7
-1384.9
-1454.9
1018.0
-436.9
59
60
61
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
Supplements
2009
45
46
47
48
49
50
51
52
53
54
55
56
57
58
Discrepancy
59
60
61
Memo:
Net govt. saving less fixed investment (6)
Adjustment between NIPA and FOF (7)
Items to be financed (8)
(1) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves. Saving transferred to the households and nonprofit organizations sector.
Includes value of Treasury and agency- and GSE-backed securities held by state and local government employee retirement funds.
(2) Table F.9, line 60 less line 12.
(3) Holdings by state and local governments may include small amounts of budget agency securities issued by the federal government.
(4) Excludes transactions with state and local governments.
(5) Includes nonmarketable government securities held by the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military
retirement fund, and foreign service retirement and disability fund.
(6) Line 17 less line 24.
(7) Line 18 less the sum of lines 19, 20, 21, 25, and 59.
(8) Line 60 plus line 61.
123
2
3
4
5
6
8
9
10
11
12
13
14
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
3295.8
3450.5
3747.9
3531.9
3607.0
3506.4
3572.2
3610.6
3607.0
3665.5
3735.7
41.9
447.9
240.4
126.1
130.1
94.6
292.7
250.1
135.9
125.9
95.4
446.7
243.2
149.6
124.5
103.9
205.6
257.4
149.2
117.6
102.8
209.6
291.8
140.7
111.0
104.5
160.9
275.9
146.9
115.9
103.1
206.2
271.4
146.6
115.6
104.7
194.9
284.4
145.2
114.5
102.8
209.6
291.8
140.7
111.0
99.0
194.5
296.8
141.5
111.6
98.2
247.7
296.4
141.0
111.2
2
3
4
5
6
1343.5
1631.8
1772.9
1759.5
1807.0
1756.9
1783.7
1816.0
1807.0
1859.0
1870.7
127.9
534.1
10.4
153.2
283.6
135.1
99.1
88.8
685.9
11.5
157.1
301.1
223.1
164.3
101.7
661.0
12.8
164.8
309.3
356.2
167.0
90.6
528.9
12.9
160.3
308.4
487.4
171.0
85.5
469.6
12.1
151.1
298.8
616.8
173.1
89.3
491.8
12.7
157.9
306.5
524.9
173.9
89.1
489.3
12.6
157.6
306.5
552.9
175.7
88.2
484.5
12.5
155.9
304.4
596.6
173.8
85.5
469.6
12.1
151.1
298.8
616.8
173.1
86.0
472.3
12.2
152.0
300.8
659.5
176.2
85.7
470.5
12.1
151.4
300.1
674.6
176.5
8
9
10
11
12
13
14
15
16
Corporate equities
Mutual fund shares
279.8
36.3
179.1
48.4
175.9
58.3
180.5
58.0
169.6
61.7
180.1
62.8
172.4
61.1
173.8
63.1
169.6
61.7
177.3
66.2
178.1
67.0
15
16
17
18
19
Trade receivables
Taxes receivable
Miscellaneous assets
208.5
237.3
203.9
182.8
245.0
264.2
195.1
249.0
237.2
201.8
262.8
235.6
213.2
270.4
229.2
205.0
266.0
231.5
209.8
269.5
232.7
213.1
269.1
231.9
213.2
270.4
229.2
213.7
275.4
230.4
214.9
283.3
227.2
17
18
19
13532.4
15135.5
17251.6
18735.3
19903.6
18965.7
19320.3
19514.2
19903.6
20114.3
20118.6
20
7.5
2.2
26.6
55.4
5.2
26.2
54.4
5.2
25.9
54.2
5.2
25.9
54.3
5.2
25.9
54.7
5.2
25.9
53.6
5.2
25.9
54.5
5.2
25.9
54.3
5.2
25.9
52.9
5.2
25.9
53.1
5.2
25.9
21
22
23
20
Total liabilities
21
22
23
SDR allocations
SDR certificates
Treasury currency
24
25
26
27
28
29
8601.8
194.0
5541.8
23.3
2842.7
0.0
10175.2
191.2
7005.6
23.5
2954.9
0.0
11817.3
187.9
8581.7
24.2
3023.6
0.0
12878.2
185.2
9697.7
25.3
2970.0
0.0
14024.4
182.4
10852.8
24.9
2964.3
0.0
13282.6
184.7
10102.5
24.4
2970.9
0.0
13479.1
184.3
10292.7
24.5
2977.7
0.0
13708.3
183.6
10530.6
24.4
2969.7
0.0
14024.4
182.4
10852.8
24.9
2964.3
0.0
14378.0
181.7
11192.8
24.6
2978.9
0.0
14356.6
180.9
11180.4
25.0
2970.4
0.0
24
25
26
27
28
29
30
31
32
Trade payables
Insurance reserves
Miscellaneous liabilities (4)
852.3
46.4
3995.6
835.1
47.5
3990.9
879.8
48.4
4420.5
927.6
49.7
4794.5
975.0
50.0
4768.8
946.3
49.8
4601.1
958.9
50.2
4747.3
971.2
50.1
4699.0
975.0
50.0
4768.8
994.2
50.1
4607.9
1010.6
50.2
4616.9
30
31
32
Supplements
(1) Holdings by state and local governments may include small amounts of budget agency securities issued by the federal government.
(2) Excludes loans to state and local governments.
(3) Excludes Treasury securities owed to state and local governments.
(4) Includes nonmarketable government securities held by the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military
retirement fund, and foreign service retirement and disability fund.
124
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
57.1
57.3
53.3
50.9
50.7
50.6
50.6
51.0
50.7
50.7
50.7
2
3
4
5
-4.2
-5.5
-15.1
-1.0
-2.6
3.4
0.4
0.2
2.7
-0.2
-5.1
-0.2
1.8
1.2
-0.3
0.0
-0.4
-1.3
-1.6
-0.1
-0.6
-1.9
-2.3
-0.2
-0.3
-0.8
-1.0
-0.1
-0.3
-1.0
-1.2
-0.1
-0.5
-1.6
-1.9
-0.2
-0.1
-0.3
-0.3
-0.0
-0.5
-1.4
-1.6
-0.1
2
3
4
5
-52.9
4.1
71.7
78.0
2.6
16.1
16.7
-7.6
-15.0
8.8
37.4
-7.9
-10.9
-23.3
-3.1
-7.7
3.2
12.7
-6.6
-3.3
-2.0
-1.0
7.4
2.7
61.4
1.2
1.1
19.3
14.3
45.8
-2.4
-1.4
26.9
12.3
-33.3
-1.9
-2.1
40.0
21.4
-40.6
-2.6
-0.9
23.9
14.6
-19.6
-1.2
-1.1
23.9
4.2
-32.8
-1.8
-1.7
19.8
8.9
-40.2
-1.9
-0.3
35.8
7.0
-31.8
-2.0
-1.5
30.9
9.0
1.1
-2.2
7
8
9
10
11
7
8
9
10
11
2009
12
13
Corporate equities
Mutual fund shares
-70.1
52.0
-41.8
-8.0
-4.1
-10.8
-65.4
12.5
0.8
0.3
-11.0
-4.2
6.0
2.3
22.0
8.5
-13.7
-5.2
-16.4
9.6
-25.1
-9.7
12
13
14
15
16
17
18
Miscellaneous assets
Unallocated insurance contracts (2)
Contributions receivable
Claims of pension fund on sponsor (3)
Other
154.0
17.7
16.7
109.3
10.2
101.7
-8.4
-5.3
88.6
26.8
-0.4
-13.2
13.4
-9.9
9.3
23.1
11.8
1.7
-11.6
21.2
50.4
0.1
-1.4
54.1
-2.3
54.7
-0.8
-4.4
80.4
-20.5
27.6
0.4
1.7
15.0
10.5
30.6
1.5
-0.7
24.3
5.5
88.8
-0.9
-2.3
96.8
-4.8
49.4
-1.1
0.2
59.1
-8.8
51.8
-1.7
-0.2
39.9
13.8
14
15
16
17
18
57.5
57.3
53.4
50.8
50.7
50.5
50.5
51.0
50.7
50.7
50.7
19
19
152.0
57.7
93.3
31.8
69.8
64.2
76.6
69.5
68.9
85.0
126.0
2
3
4
5
-1.3
1.3
20.3
0.0
-0.3
-0.6
-9.1
0.0
-0.5
-0.7
-5.0
0.0
4.0
0.2
16.7
0.0
0.1
-0.5
-2.1
0.0
-0.4
-1.7
-3.0
0.0
-0.7
-0.1
-3.4
0.0
-0.3
-0.2
-1.2
0.8
1.9
-0.1
-0.6
-0.8
-0.1
0.2
0.5
0.0
2.2
-0.2
-1.9
0.0
2
3
4
5
48.1
8.6
51.5
-4.8
9.3
26.2
-1.1
1.5
10.5
18.9
28.5
2.0
17.3
23.1
6.0
-0.3
-2.2
22.2
0.2
-11.2
-0.4
-1.7
25.9
3.8
22.0
1.6
1.1
8.5
-11.0
-1.2
-2.2
-1.0
20.8
4.7
-14.5
-0.7
1.5
36.8
11.7
-23.0
-0.9
2.1
9.3
-3.4
-8.4
-0.7
-6.9
23.4
2.8
-17.2
-0.7
-0.8
13.7
7.5
-9.3
-0.5
2.2
24.2
2.1
-8.8
-0.7
-1.3
19.1
6.4
5.0
-0.7
7
8
9
10
11
Supplements
7
8
9
10
11
12
13
Corporate equities
Mutual fund shares
-3.0
33.5
-53.6
64.5
29.3
45.9
1.6
-10.6
8.8
51.8
-1.5
77.7
13.3
54.3
10.9
46.4
12.6
28.9
32.2
38.6
36.4
38.7
12
13
14
15
16
17
Miscellaneous assets
Unallocated insurance contracts (2)
Contributions receivable
Other
53.1
63.4
-2.0
-8.3
48.2
41.0
-3.1
10.3
-27.2
-32.3
2.1
3.0
24.8
0.6
1.3
22.9
2.4
3.5
-0.6
-0.5
-33.0
-1.3
-2.1
-29.6
14.3
4.6
-0.3
10.0
11.6
4.9
-0.2
6.9
16.5
5.8
-0.0
10.7
-5.3
10.7
0.5
-16.6
22.3
7.7
0.1
14.5
14
15
16
17
152.0
57.7
93.3
31.8
69.8
64.2
76.6
69.5
68.9
85.0
126.0
18
18
247.5
198.6
88.7
20.1
164.4
-72.6
320.1
113.0
297.2
-413.5
ND
44.2
7.2
24.3
48.0
-117.4
241.1
30.7
8.7
-13.4
-41.0
149.0
64.6
26.6
3.0
17.4
-25.0
123.5
-56.8
20.3
1.2
12.2
9.0
44.0
-66.6
24.4
1.4
21.2
7.0
59.2
51.2
12.4
3.2
22.6
-28.0
39.5
-122.3
26.8
2.4
-6.3
8.0
57.4
231.8
26.3
1.8
31.0
16.0
144.7
-106.8
32.0
-1.8
37.5
32.0
-4.6
202.0
-15.4
0.1
23.1
-24.0
154.2
-551.5
ND
ND
ND
ND
ND
ND
2
3
4
5
6
7
(1) Assets of the household sector (F.100). IRA assets are not included in pension entitlements (table F.226), except for those at life insurance companies. Figures for depositories (lines 2 and 3)
include Keogh accounts. Variable annuities in IRAs are in the life insurance sector (line 4) and are excluded from the mutual fund sector (line 6) and from the money market fund sector (line 5).
125
2
3
4
5
7
8
9
10
11
2009
2010
2011
2012
2012
2013
Q1
Q2
Q3
Q4
Q1
Q2
2572.9
2626.3
2835.7
2916.6
3017.8
2941.8
2967.1
2992.5
3017.8
3030.5
3043.2
7.7
24.3
39.5
2.8
5.0
27.7
39.8
2.9
7.7
27.5
34.7
2.7
9.5
28.7
34.3
2.7
9.0
27.4
32.7
2.6
9.3
28.2
33.8
2.7
9.3
28.0
33.5
2.6
9.2
27.8
33.2
2.6
9.0
27.4
32.7
2.6
9.0
27.3
32.7
2.6
8.9
27.0
32.3
2.5
2
3
4
5
539.4
543.5
615.1
693.2
695.7
697.2
701.4
699.5
695.7
697.9
707.3
28.0
99.3
122.8
270.2
19.0
31.2
112.1
116.3
266.9
17.0
30.2
119.4
119.0
328.3
18.2
31.3
138.8
133.3
374.1
15.8
29.8
165.6
145.6
340.8
13.9
30.8
148.8
138.7
363.9
15.1
30.5
154.7
142.3
359.0
14.8
30.3
160.7
143.4
350.8
14.4
29.8
165.6
145.6
340.8
13.9
29.8
174.6
147.4
332.8
13.4
29.4
182.3
149.6
333.1
12.8
7
8
9
10
11
12
13
Corporate equities
Mutual fund shares
726.1
257.3
863.8
322.9
1010.7
349.8
929.5
356.6
1034.4
396.9
1005.8
385.9
987.1
378.8
1048.3
402.2
1034.4
396.9
1102.7
427.1
1112.9
431.0
12
13
14
15
16
17
18
Miscellaneous assets
Unallocated insurance contracts (2)
Contributions receivable
Claims of pension fund on sponsor (3)
Other
975.9
54.0
55.1
678.0
188.7
820.6
58.1
49.8
497.2
215.5
787.5
53.5
63.1
446.1
224.8
862.0
64.4
64.8
486.8
246.0
819.1
71.6
63.4
440.3
243.7
779.0
69.7
63.7
404.7
240.9
826.4
68.4
64.1
450.3
243.5
769.7
72.6
63.9
388.2
244.9
819.1
71.6
63.4
440.3
243.7
731.2
76.4
63.4
349.9
241.5
721.2
77.1
63.4
335.8
245.0
14
15
16
17
18
2608.2
2662.7
2872.2
2953.1
3054.3
2978.4
3003.6
3029.0
3054.3
3067.0
3079.7
19
19
2673.2
3313.6
3753.5
3719.4
4120.9
4043.9
3941.4
4116.3
4120.9
4440.6
4524.0
2
3
4
5
5.7
5.9
116.8
0.0
5.4
5.3
107.6
0.0
4.8
4.6
102.6
0.0
8.8
4.7
119.3
0.0
8.9
4.2
117.3
0.0
8.7
4.3
118.6
0.0
8.5
4.3
117.7
0.0
8.5
4.2
117.4
0.2
8.9
4.2
117.3
0.0
8.9
4.3
117.4
0.0
9.5
4.2
117.0
0.0
2
3
4
5
243.4
252.0
303.5
298.6
307.9
305.2
304.9
305.3
307.9
312.6
319.8
16.3
48.1
67.5
104.4
7.2
14.1
70.3
67.7
93.2
6.7
12.4
96.2
71.4
115.1
8.4
13.5
104.7
60.4
114.0
6.1
12.4
125.5
65.1
99.5
5.5
13.8
113.9
63.4
108.2
5.9
14.4
116.2
62.5
106.1
5.8
12.6
122.0
63.2
101.8
5.6
12.4
125.5
65.1
99.5
5.5
13.0
131.5
65.6
97.3
5.3
12.7
136.3
67.2
98.5
5.1
7
8
9
10
11
654.3
1104.9
783.3
1504.7
927.6
1734.9
896.6
1696.6
1005.3
1941.5
991.8
1893.2
955.3
1838.6
1005.4
1942.1
1005.3
1941.5
1101.4
2125.9
1120.4
2170.7
12
13
542.4
224.9
28.9
288.5
655.4
330.7
25.8
298.9
675.5
345.7
27.9
301.9
694.7
340.7
29.2
324.7
735.8
382.9
28.6
324.2
722.1
376.0
28.7
317.3
712.1
363.6
28.6
319.8
733.2
383.0
28.6
321.6
735.8
382.9
28.6
324.2
770.0
421.2
28.7
320.1
782.6
430.1
28.7
323.7
14
15
16
17
2673.2
3313.6
3753.5
3719.4
4120.9
4043.9
3941.4
4116.3
4120.9
4440.6
4524.0
18
7
8
9
10
11
12
13
Corporate equities
Mutual fund shares
14
15
16
17
Miscellaneous assets
Unallocated insurance contracts (2)
Contributions receivable
Other
18
Supplements
3681.0
4363.0
4839.0
4872.0
5407.0
5229.0
5126.0
5347.0
5407.0
5683.0
ND
326.0
65.5
377.0
271.0
1275.0
1366.5
356.7
74.2
398.0
230.0
1667.0
1637.1
383.3
77.2
434.0
205.0
1933.0
1806.5
403.6
78.4
440.0
214.0
1896.0
1839.9
428.0
79.9
480.0
221.0
2153.0
2045.1
406.7
79.3
463.0
207.0
2081.0
1992.0
413.4
79.8
455.0
209.0
2025.0
1943.7
420.0
80.3
471.0
213.0
2134.0
2028.7
428.0
79.9
480.0
221.0
2153.0
2045.1
424.2
79.9
500.0
215.0
2299.0
2165.0
ND
ND
ND
ND
ND
ND
2
3
4
5
6
7
(1) Assets of the household sector (L.100), shown at market value. IRA assets are not included in pension entitlements (table L.226), except for those at life insurance companies. Figures for depositories
(lines 2 and 3) include Keogh accounts. Variable annuities in IRAs are in the life insurance sector (line 4) and are excluded from the mutual fund sector (line 6) and from the money market fund sector (line 5).
126
2009
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
2.2
4.8
9.9
11.7
15.6
8.5
0.5
23.4
30.2
-2.4
18.9
2.1
5.7
-0.8
-1.7
4.2
5.9
-1.7
4.9
7.7
-1.8
7.1
2.4
1.1
2.8
3.1
3.7
-0.2
0.1
3.9
11.0
-11.2
0.7
0.2
0.7
0.4
-0.3
0.9
0.7
0.4
0.1
2.3
-3.8
-0.3
5
6
7
8
Mortgages
Home
Multifamily residential
Commercial
2.2
0.0
0.2
2.0
0.4
0.0
-0.2
0.6
2.4
0.0
0.0
2.4
3.4
0.1
-0.0
3.4
2.9
0.0
0.1
2.8
-0.9
-0.0
-0.1
-0.8
-0.2
0.0
0.2
-0.4
3.9
0.0
0.2
3.7
8.8
0.0
0.1
8.6
-7.4
0.0
-0.2
-7.2
1.0
0.0
0.9
0.1
5
6
7
8
-2.3
-2.0
7.9
10.3
7.7
2.8
2.1
14.5
11.4
10.6
11.2
9
10
11
Miscellaneous assets
Net increase in liabilities
Credit market instruments
12
13
Corporate bonds
Depository institution loans n.e.c.
14
15
16
Mortgages
Multifamily residential
Commercial
17
Miscellaneous liabilities
2.3
-30.8
16.7
37.6
41.8
31.7
18.6
45.6
71.3
1.4
11.9
10
7.9
-17.7
4.6
32.4
42.9
27.1
43.0
33.6
68.0
-9.7
15.0
11
-1.4
2.5
-11.4
-9.7
6.3
-2.0
18.2
5.1
26.0
1.3
30.0
-13.3
11.3
6.8
24.0
-2.5
38.8
14.3
5.5
-19.4
11.3
5.2
12
13
6.8
2.3
4.5
3.4
1.8
1.6
0.2
0.8
-0.6
9.1
-0.1
9.2
15.6
-1.1
16.7
10.4
-2.4
12.8
24.9
-2.1
27.0
12.2
-0.7
12.8
14.9
0.7
14.2
4.2
1.1
3.2
-1.4
1.1
-2.5
14
15
16
-5.5
-13.0
12.1
5.2
-1.1
4.6
-24.3
11.9
3.3
11.0
-3.1
17
106.6
142.1
258.4
93.1
277.3
-60.4
29.8
-48.5
-14.1
31.9
-0.3
2.1
-2.0
3.7
3.3
10.8
-1.5
10.1
-6.2
25.1
-18.4
-71.4
-9.7
34.4
99.8
124.0
228.0
90.5
247.7
-70.3
-17.6
-64.5
4
5
0.7
-23.0
15.5
3.1
38.2
4.9
101.4
1.6
111.5
9.2
219.0
13.2
71.6
7.7
232.5
12.1
-77.1
4.0
-50.9
23.6
-75.8
3.5
4
5
6
7
8
9
Mortgages
Home
Multifamily residential
Commercial
-49.1
-46.4
-1.1
-1.6
-28.4
-21.7
-1.8
-4.8
-8.7
-3.7
-0.4
-4.6
-3.2
-0.8
-0.2
-2.3
3.3
5.5
0.0
-2.2
-4.1
1.8
0.1
-6.0
11.3
12.3
0.0
-1.0
3.1
2.3
-0.2
0.9
2.8
5.4
0.2
-2.8
9.8
7.2
1.4
1.2
7.8
2.3
1.7
3.8
6
7
8
9
1.5
-6.5
-0.5
3.0
14.8
19.6
4.1
19.5
16.1
22.2
34.4
10
10
11
Supplements
-70.1
Miscellaneous assets
-71.2
-22.0
26.2
93.9
121.5
230.5
80.4
235.5
-60.6
6.6
-28.9
11
12
Security RPs
-12.3
11.1
30.0
94.9
103.4
173.4
81.7
163.2
-4.8
7.5
-51.0
12
13
-61.7
-32.3
-6.7
-4.2
-0.0
-0.5
14.4
-6.3
-7.6
8.7
15.0
13
0.0
-58.9
-2.8
0.0
-29.8
-2.5
0.0
-6.4
-0.3
0.0
-2.8
-1.4
0.0
0.1
-0.1
0.0
0.0
-0.5
0.0
13.6
0.8
0.0
-5.3
-1.0
0.0
-8.1
0.5
0.0
2.2
6.5
0.0
14.4
0.6
14
15
16
2.8
-0.8
2.8
3.2
18.1
57.6
-15.7
78.6
-48.2
-9.6
7.1
17
-46.7
0.0
-40.6
-0.0
-6.1
-25.3
0.0
-25.7
-0.0
0.4
0.4
0.0
1.1
-0.0
-0.7
-3.1
0.0
-0.7
-0.0
-2.3
-4.6
0.0
3.6
-0.0
-8.1
1.1
0.0
2.6
-0.0
-1.5
-20.1
0.0
0.3
-0.1
-20.4
8.7
0.0
8.8
0.0
-0.1
-7.9
0.0
2.6
-0.0
-10.5
3.0
0.0
1.7
0.1
1.2
6.3
0.0
6.3
-0.0
0.0
18
19
20
21
22
14
15
16
17
18
19
20
21
22
127
2009
2010
2011
2012
2012
Q1
Q2
2013
Q3
Q4
Q1
Q2
65.4
70.2
80.1
91.8
107.4
93.9
94.0
99.9
107.4
106.8
111.6
13.1
18.8
18.0
16.4
20.6
17.9
17.4
18.7
20.6
20.1
21.9
14.4
15.5
18.2
21.3
25.0
21.2
21.3
22.3
25.0
22.2
22.4
5
6
7
8
Mortgages
Home
Multifamily residential
Commercial
9
10
11
Miscellaneous assets
Total liabilities
Credit market instruments
2.9
3.6
4.0
3.7
4.5
3.9
3.9
4.0
4.5
3.6
3.5
11.5
0.1
0.5
10.9
11.8
0.1
0.3
11.5
14.2
0.1
0.3
13.8
17.6
0.2
0.3
17.2
20.5
0.2
0.4
20.0
17.4
0.2
0.2
17.0
17.3
0.2
0.3
16.9
18.3
0.2
0.3
17.8
20.5
0.2
0.4
20.0
18.6
0.2
0.3
18.2
18.9
0.2
0.5
18.2
5
6
7
8
37.9
35.9
43.8
54.1
61.8
54.8
55.3
59.0
61.8
64.5
67.3
344.3
313.5
330.2
367.8
409.6
375.7
380.3
391.7
409.6
409.9
412.9
10
294.1
276.4
281.0
313.3
356.2
320.1
330.8
339.2
356.2
353.8
357.6
11
12
13
Corporate bonds
Depository institution loans n.e.c.
102.6
28.0
91.2
18.3
97.5
16.4
115.7
21.4
141.8
22.7
123.2
18.1
126.1
19.8
132.1
19.1
141.8
22.7
143.1
17.9
146.0
19.2
12
13
14
15
16
Mortgages
Multifamily residential
Commercial
163.5
25.1
138.4
166.9
26.8
140.1
167.1
27.7
139.4
176.2
27.6
148.6
191.8
26.5
165.3
178.8
27.0
151.8
185.0
26.5
158.5
188.0
26.3
161.8
191.8
26.5
165.3
192.8
26.7
166.1
192.5
27.0
165.5
14
15
16
50.2
37.1
49.2
54.5
53.3
55.6
49.5
52.5
53.3
56.1
55.3
17
309.5
451.6
374.1
397.4
466.7
451.6
459.1
446.9
17
Miscellaneous liabilities
185.2
171.0
202.9
5.3
7.5
5.5
9.2
12.5
11.9
11.5
14.1
12.5
18.8
14.2
163.1
153.4
187.8
287.6
411.6
344.6
367.3
429.2
411.6
407.2
391.1
4
5
89.6
8.7
105.1
11.9
143.3
16.8
244.7
18.4
356.2
27.7
299.4
21.7
317.3
23.7
375.4
26.7
356.2
27.7
343.4
33.6
324.5
34.4
4
5
6
7
8
9
Mortgages
Home
Multifamily residential
Commercial
64.8
34.2
3.8
26.8
36.4
12.5
2.0
22.0
27.7
8.8
1.6
17.3
24.5
8.0
1.4
15.1
27.8
13.4
1.5
12.9
23.5
8.4
1.5
13.6
26.3
11.5
1.5
13.3
27.1
12.1
1.4
13.6
27.8
13.4
1.5
12.9
30.2
15.2
1.8
13.2
32.2
15.8
2.3
14.1
6
7
8
9
16.7
10.2
9.6
12.7
27.5
17.6
18.6
23.5
27.5
33.0
41.6
10
10
Miscellaneous assets
11
Total liabilities
167.3
145.3
171.5
265.4
386.9
323.0
343.2
402.0
386.9
388.5
381.3
11
12
Security RPs
79.4
90.4
120.5
215.4
318.7
258.7
279.1
319.9
318.7
320.6
307.8
12
13
73.3
41.0
34.3
30.1
30.1
30.0
33.6
32.0
30.1
32.3
36.0
13
0.0
68.4
4.8
0.0
38.6
2.4
0.0
32.2
2.1
0.0
29.4
0.7
0.0
29.4
0.6
0.0
29.4
0.6
0.0
32.8
0.8
0.0
31.5
0.5
0.0
29.4
0.6
0.0
30.0
2.3
0.0
33.6
2.4
14
15
16
14.7
13.9
16.7
20.0
38.1
34.4
30.5
50.1
38.1
35.7
37.5
17
45.4
0.0
31.8
0.4
13.2
20.1
0.0
6.1
0.4
13.7
20.5
0.0
7.2
0.4
13.0
17.4
0.0
6.5
0.3
10.7
12.9
0.0
10.0
0.3
2.5
17.7
0.0
7.1
0.3
10.3
12.7
0.0
7.2
0.3
5.2
14.9
0.0
9.4
0.3
5.2
12.9
0.0
10.0
0.3
2.5
13.6
0.0
10.5
0.3
2.8
15.2
0.0
12.1
0.3
2.8
18
19
20
21
22
14
15
16
17
18
19
20
21
22
Supplements
128
Integrated Accounts
Billions of dollars
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
11524.3
12283.5
13129.2
14073.2
14460.1
14621.2
14345.7
14915.2
15587.5
16261.6
1727.2
1831.7
1982.0
2136.0
2264.4
2363.4
2368.4
2381.6
2452.6
2542.9
3
4
5
6
7
8
9797.1
6372.7
5146.1
1226.6
758.9
2665.4
10451.8
6748.8
5431.2
1317.6
817.6
2885.5
11147.2
7097.9
5703.1
1394.8
873.6
3175.7
11937.1
7513.7
6068.8
1444.9
940.5
3483.0
12195.8
7908.8
6405.7
1503.1
980.0
3307.0
12257.9
8090.0
6543.6
1546.4
989.4
3178.6
11977.3
7795.7
6260.1
1535.6
967.8
3213.9
12533.6
7975.3
6385.6
1589.8
1001.2
3557.0
13134.9
8286.6
6646.8
1639.8
1037.2
3811.2
13718.8
8620.0
6935.1
1684.9
1065.6
4033.2
3
4
5
6
7
8
356.1
288.1
451.4
361.4
575.8
482.3
724.2
655.7
875.5
749.1
856.8
683.8
643.7
496.5
720.0
514.1
802.8
542.1
818.6
565.7
9
10
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
9865.1
2665.4
6365.4
5138.8
1226.6
808.0
-49.1
4363.3
2628.5
1571.1
603.0
968.1
149.0
14.6
4287.9
2719.8
1539.0
571.0
968.1
14.5
14.6
10541.9
2885.5
6740.5
5422.9
1317.6
863.9
-46.4
4812.7
2795.0
1808.0
775.5
1032.5
192.5
17.1
4714.3
2901.7
1745.7
713.2
1032.5
49.8
17.1
11240.8
3175.7
7087.8
5692.9
1394.8
934.5
-60.9
5548.9
3385.2
2123.9
1069.4
1054.5
20.4
19.4
5445.2
3520.6
1863.0
808.5
1054.5
42.1
19.4
12005.6
3483.0
7503.2
6058.2
1444.9
991.9
-51.5
6528.4
4109.9
2150.5
1018.6
1131.8
247.8
20.3
6449.4
4287.1
2072.6
940.7
1131.8
69.5
20.3
12322.3
3307.0
7899.1
6396.0
1503.1
1034.6
-54.6
7187.0
4661.4
2241.5
1174.9
1066.6
261.4
22.6
7051.0
4878.7
2101.1
1034.5
1066.6
48.5
22.6
12430.8
3178.6
8079.2
6532.8
1546.4
1041.9
-52.6
6802.0
4188.5
2322.1
1186.9
1135.2
265.6
25.9
6618.3
4411.4
2141.6
1006.4
1135.2
39.4
25.9
12124.5
3213.9
7787.8
6252.2
1535.6
1026.1
-58.3
5703.0
3420.8
2001.1
918.5
1082.6
262.8
18.3
5548.0
3618.6
1889.3
806.6
1082.6
21.9
18.3
12739.5
3557.0
7967.3
6377.5
1589.8
1057.1
-55.9
5653.1
3194.8
2102.5
943.1
1159.4
336.6
19.2
5439.1
3376.0
1981.1
821.7
1159.4
62.8
19.2
13395.7
3811.2
8278.5
6638.7
1639.8
1097.1
-60.0
5935.4
3190.5
2362.2
1059.4
1302.8
361.1
21.6
5666.5
3358.2
2205.8
903.0
1302.8
81.0
21.6
13971.6
4033.2
8611.6
6926.8
1684.9
1122.9
-57.3
6052.1
3108.0
2554.6
1166.1
1388.5
368.1
21.5
5790.9
3265.7
2397.8
1009.4
1388.5
105.9
21.5
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
9865.1
1241.6
1244.6
2099.8
2105.9
456.8
528.3
10541.9
1347.9
1352.1
2233.5
2239.7
468.2
554.8
11240.8
1616.5
1620.9
2364.3
2370.9
494.1
598.1
12005.6
1821.0
1825.5
2515.3
2523.2
497.2
586.6
12322.3
1923.9
1933.4
2658.3
2666.9
532.5
640.1
12430.8
1735.1
1744.3
2840.4
2851.1
563.0
681.4
12124.5
1405.8
1414.4
3070.9
3081.9
671.0
787.5
12739.5
1553.5
1562.0
3223.0
3234.6
719.3
841.2
13395.7
1765.3
1778.2
3182.9
3195.6
694.5
817.9
13971.6
1918.3
1932.8
3272.2
3285.5
643.7
760.4
32
33
34
35
36
37
38
39
9784.5
10445.0
11125.8
11903.8
12196.5
12292.6
11988.4
12597.5
13246.7
13827.0
39
40
9519.9
10126.7
10770.4
11387.3
11954.2
12374.1
12285.0
12724.1
13237.9
13697.6
40
41
264.5
318.3
355.5
516.5
242.4
-81.5
-296.6
-126.6
8.8
129.3
41
42
43
44
Addendum:
Gross value added (line 1)
Plus statistical discrepancy (NIPA)
Equals: GDP (NIPA, expenditure approach)
11524.3
-12.1
11512.2
12283.5
-6.5
12277.0
13129.2
-33.8
13095.4
14073.2
-215.3
13857.9
14460.1
20.2
14480.3
14621.2
99.0
14720.3
14345.7
72.2
14417.9
14915.2
43.1
14958.3
15587.5
-53.6
15533.8
16261.6
-17.0
16244.6
42
43
44
129
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
1
2
3
4
5
6
7
11524.3
1427.0
1911.9
5724.4
885.6
498.1
1077.2
12283.5
1510.9
2079.1
6107.9
922.1
525.8
1137.7
13129.2
1599.5
2218.8
6532.1
1034.3
552.7
1191.7
14073.2
1689.4
2440.1
6988.0
1127.6
577.6
1250.3
14460.1
1749.6
2513.9
7203.9
1068.8
605.4
1318.5
14621.2
1855.3
2632.7
7258.1
852.3
637.6
1385.2
14345.7
1913.6
2466.7
6861.4
1015.7
668.8
1419.4
14915.2
1927.5
2545.9
7243.1
1039.9
704.5
1454.2
15587.5
1971.9
2766.5
7636.4
1025.1
719.7
1468.0
16261.6
2025.4
2906.4
8030.8
1090.3
716.7
1491.9
1
2
3
4
5
6
7
8
9
10
11
12
13
Net saving
Households and nonprofit institutions serving households
Nonfinancial corporate business
Financial business
Federal government
State and local government
264.5
410.8
273.2
105.5
-403.5
-121.4
318.3
413.2
312.7
100.5
-399.8
-108.4
355.5
242.7
411.7
73.1
-305.4
-66.6
516.5
336.9
386.5
60.6
-228.1
-39.4
242.4
317.2
313.1
-48.5
-266.7
-72.7
-81.5
551.3
296.7
-129.4
-635.1
-165.1
-296.6
670.7
382.1
172.3
-1249.8
-271.9
-126.6
634.2
598.6
207.4
-1329.5
-237.3
8.8
668.2
648.8
153.1
-1248.3
-213.1
129.3
687.4
647.8
156.5
-1109.7
-252.7
8
9
10
11
12
13
14
15
16
17
18
19
20
13.1
0.0
-0.1
0.0
41.1
-52.0
-2.2
1.4
-5.0
-6.7
16.2
39.3
-48.0
2.8
-21.9
-13.1
-15.5
27.7
60.3
-50.4
12.8
16.6
0.0
-0.0
0.0
43.2
-57.8
-2.0
6.8
0.0
-0.0
0.0
53.0
-59.3
-0.4
7.7
-3.3
-3.7
-60.5
117.6
-63.2
5.4
-28.4
-6.0
38.3
-121.9
186.3
-67.7
-0.6
-20.6
-7.8
20.9
-41.5
126.3
-76.7
-0.7
2.1
-1.6
-6.4
-32.4
113.8
-73.9
-1.6
-5.1
-4.9
-16.7
9.6
84.7
-74.1
6.6
14
15
16
17
18
19
20
21
22
23
24
25
26
27
2473.9
653.9
238.3
960.0
156.5
196.4
268.9
2701.3
765.9
260.3
1010.1
176.5
211.0
277.5
2981.2
865.0
289.2
1133.4
180.0
222.9
290.8
3166.0
860.1
305.0
1259.9
188.7
238.0
314.3
3201.5
736.1
313.5
1348.2
211.5
251.4
340.8
3091.4
580.4
307.5
1372.7
196.2
275.8
358.8
2672.7
468.1
248.8
1141.9
166.9
284.0
363.0
2691.1
452.4
243.1
1181.0
162.8
300.0
351.9
2828.3
456.7
258.5
1305.3
175.2
295.4
337.2
3028.1
498.1
278.7
1438.9
193.4
284.0
334.9
21
22
23
24
25
26
27
28
29
30
31
32
33
34
1727.2
290.8
183.6
818.0
130.0
170.3
134.5
1831.7
323.4
196.4
850.2
139.3
178.6
143.8
1982.0
362.1
214.4
909.9
148.9
189.4
157.3
2136.0
396.2
232.6
979.4
156.8
200.7
170.3
2264.4
413.7
245.6
1040.3
165.4
212.8
186.6
2363.4
414.6
254.5
1093.9
173.9
226.3
200.2
2368.4
403.3
253.0
1092.0
177.4
234.5
208.2
2381.6
400.5
251.8
1094.6
176.7
245.3
212.7
2452.6
402.9
256.8
1135.8
179.0
256.5
221.7
2542.9
409.9
264.5
1188.2
186.6
262.3
231.4
28
29
30
31
32
33
34
35
36
37
Change in inventories
Nonfinancial noncorporate business
Nonfinancial corporate business
19.3
1.0
18.3
63.9
10.0
53.9
59.6
3.2
56.4
67.0
0.6
66.3
34.5
1.2
33.3
-32.0
-0.4
-31.6
-147.6
-8.5
-139.0
61.5
-2.2
63.7
36.4
-2.7
39.1
66.1
-4.9
71.0
35
36
37
38
39
40
41
42
43
44
-503.6
43.1
-55.6
115.1
78.9
-469.8
-215.2
-612.4
-22.0
-68.9
107.4
47.1
-470.7
-205.4
-690.5
-229.3
-64.9
146.3
14.3
-397.3
-159.7
-582.5
-133.4
-73.0
26.1
28.8
-294.2
-136.6
-729.1
-0.8
-69.1
-28.5
-94.6
-354.9
-181.2
-772.2
388.8
-49.3
35.7
-91.2
-781.8
-274.3
-454.0
643.9
18.8
426.6
304.7
-1476.7
-371.4
-498.3
611.4
18.6
428.7
262.8
-1509.5
-310.3
-405.0
620.6
2.5
447.5
189.3
-1400.1
-264.8
-415.4
612.7
-4.3
343.2
140.2
-1214.8
-292.4
38
39
40
41
42
43
44
-12.1
515.7
-6.5
618.9
-33.8
724.3
-215.3
797.8
20.2
709.0
99.0
673.1
72.2
381.7
43.1
455.2
-53.6
458.6
-17.0
432.4
45
46
-391.2
109.7
-55.6
74.1
209.0
-530.9
-197.5
-284.8
235.3
-68.9
166.1
14.9
-474.1
-158.1
-369.5
-191.3
-64.9
-19.9
307.0
-422.8
22.4
-555.9
-298.1
-73.0
-138.6
273.8
-310.4
-9.5
-348.1
267.2
-69.1
-206.5
120.4
-390.6
-69.5
-1552.6
846.5
-49.3
-943.3
-282.9
-789.0
-334.6
-303.9
819.7
18.8
551.0
39.9
-1298.3
-435.0
-638.8
1132.5
18.6
145.5
-204.1
-1412.4
-318.9
-425.8
1329.1
2.5
55.4
-128.7
-1352.7
-331.4
-210.1
924.0
-4.3
194.0
58.2
-1128.5
-253.4
47
48
49
50
51
52
53
54
531.1
535.4
713.8
807.4
617.6
736.6
230.9
437.9
550.5
446.3
54
55
56
57
58
59
60
61
517.2
66.3
131.6
-692.1
-94.4
339.6
-115.2
1300.6
77.9
294.6
-48.3
-27.7
-698.6
-78.8
345.9
-65.3
327.3
49.2
-46.3
215.1
-271.2
117.2
9.4
645.4
210.8
31.3
318.3
77.0
587.7
-36.8
757.3
-75.5
10.8
220.7
-245.0
471.7
-303.3
-720.6
1181.3
87.8
-982.4
-284.3
650.5
-71.4
175.5
-265.8
122.4
361.7
-463.5
803.0
192.2
415.2
-509.7
-20.7
32.5
-203.5
534.3
-53.5
389.6
-172.7
49.8
-56.3
242.3
572.9
-14.3
481.5
134.4
72.3
315.5
64.3
55
56
57
58
59
60
61
62
63
64
65
66
67
68
Holding gains/losses
Households and nonprofit institutions serving households
Nonfinancial noncorporate business
Nonfinancial corporate business
Financial business
Federal government
State and local government
Rest of the world
4494.6
527.4
-2372.0
127.9
47.7
120.5
-333.3
5358.4
1133.6
-37.9
-186.7
115.7
516.3
-375.8
5601.6
1329.9
112.0
72.3
115.3
478.9
-695.9
4162.4
300.0
-1470.1
-571.7
116.8
621.8
-582.3
-365.8
161.9
-127.8
1295.2
93.3
466.0
-795.3
-11719.9
-1243.1
4207.5
473.8
1.2
350.5
1173.0
356.4
-1170.9
-5269.8
-206.1
-157.9
-71.7
-879.5
2929.8
493.9
-1286.7
-294.7
18.5
197.3
-209.3
188.7
564.1
283.9
243.6
23.0
394.3
795.1
4678.7
661.7
-1541.0
-587.7
32.1
243.4
-354.2
62
63
64
65
66
67
68
45
46
47
48
49
50
51
52
53
Integrated Accounts
130
Integrated Accounts
69
70
71
72
73
74
75
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
5409.5
593.7
-1967.1
-458.7
-491.3
390.6
67.2
7070.8
1216.4
576.0
-150.7
-351.1
-242.7
164.4
6212.0
1277.7
866.5
166.9
-296.8
677.7
-242.8
4600.0
309.4
-438.2
-300.3
-123.3
958.4
292.5
532.3
125.0
942.6
1171.1
-215.6
673.4
-331.3
-10704.5
-1543.1
3787.3
1586.2
-663.6
-733.8
1561.8
1705.9
-1236.4
-4750.5
-177.7
-1471.6
85.7
-961.3
4387.6
693.8
-293.9
-555.5
-1458.1
69.3
42.4
1389.1
512.2
1328.8
256.4
-1289.2
198.8
1496.1
5944.1
652.4
-395.0
-306.4
-1089.9
380.3
142.5
69
70
71
72
73
74
75
131
2004
2005
2006
2007
2008
2009
2010
2011
2012
1427.0
1510.9
1599.5
1689.4
1749.6
1855.3
1913.6
1927.5
1971.9
2025.4
290.8
323.4
362.1
396.2
413.7
414.6
403.3
400.5
402.9
409.9
1293.2
590.9
490.9
100.0
130.8
571.5
1335.9
616.8
516.0
100.8
135.1
584.0
1440.7
658.2
549.9
108.3
143.2
639.3
1510.3
686.6
566.1
120.5
152.4
671.3
1527.1
695.2
577.3
117.9
152.8
679.1
1569.0
717.5
596.6
120.8
154.2
697.4
1615.5
747.6
620.3
127.4
156.1
711.8
3
4
5
6
7
8
Current account
1
3
4
5
6
7
8
1136.3
517.7
432.5
85.2
108.8
509.7
1187.5
545.6
452.2
93.4
114.7
527.2
1237.5
563.4
466.2
97.1
120.7
553.4
9
10
11
12
13
14
15
16
17
18
19
8718.5
509.7
6365.4
5138.8
1226.6
2389.8
989.5
1400.3
432.3
968.1
546.5
9245.7
527.2
6740.5
5422.9
1317.6
2537.5
942.9
1594.5
562.1
1032.5
559.5
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
8718.5
1000.9
1316.6
779.3
26.3
106.1
9245.7
1046.0
1399.9
829.2
16.8
116.3
20
21
22
23
24
25
26
8175.2
8671.0
9033.0
9634.4 10061.7
26
27
7764.4
8257.8
8790.3
9297.5
9744.4
10005.5
27
28
410.8
413.2
242.7
336.9
317.2
551.3
670.7
634.2
668.2
687.4
28
Capital account
29
30
31
397.7
410.8
13.1
411.9
413.2
1.4
264.6
242.7
-21.9
320.3
336.9
16.6
310.4
317.2
6.8
543.7
551.3
7.7
699.1
670.7
-28.4
654.8
634.2
-20.6
666.1
668.2
2.1
692.5
687.4
-5.1
29
30
31
32
33
34
35
36
37
354.6
653.9
541.9
112.0
290.8
-8.5
433.8
765.9
643.8
122.1
323.4
-8.7
493.8
865.0
738.9
126.1
362.1
-9.1
453.8
860.1
722.7
137.4
396.2
-10.1
311.2
736.1
582.3
153.9
413.7
-11.2
154.9
580.4
425.3
155.1
414.6
-11.0
55.2
468.1
321.0
147.1
403.3
-9.7
43.4
452.4
318.3
134.1
400.5
-8.5
45.5
456.7
317.1
139.6
402.9
-8.3
79.8
498.1
354.3
143.8
409.9
-8.4
32
33
34
35
36
37
38
43.1
-22.0
-229.3
-133.4
-0.8
388.8
643.9
611.4
620.6
612.7
38
43.1
-22.0
-229.3
-133.4
-0.8
388.8
643.9
611.4
620.6
612.7
39
1142.3
1386.6
975.3
942.2
1179.8
704.9
640.5
889.3
1118.2
1018.4
40
265.6
-31.2
294.6
2.2
0.0
394.8
-58.2
447.6
5.4
0.0
372.8
-113.9
484.3
2.4
0.0
446.5
-40.0
481.3
5.2
0.0
410.9
-75.4
471.0
15.4
0.0
413.5
246.7
190.5
-23.7
0.0
206.7
35.7
177.6
-6.6
0.0
186.9
35.9
151.5
-0.6
0.0
675.3
324.0
354.1
-2.8
0.0
489.9
82.0
409.6
-1.8
0.0
41
42
43
44
45
39.3
-4.9
8.9
13.7
132.7
15.8
-126.9
241.7
6.4
0.6
-3.8
97.1
118.5
22.9
171.5
14.7
0.7
-115.2
151.8
77.8
41.7
88.3
19.0
-2.7
-104.8
-25.8
34.7
167.9
526.8
-10.2
-6.0
-45.4
347.3
37.9
203.2
166.8
-101.3
-2.4
167.3
218.9
47.3
-162.9
45.6
16.7
-2.8
540.9
-674.6
107.0
58.4
31.1
-1.5
-3.3
403.5
-81.8
43.7
-329.6
-140.6
-1.8
-2.7
-199.7
0.9
-64.8
127.6
19.3
-0.3
-2.8
272.8
-141.9
-149.8
41.3
46
47
48
49
50
51
52
68.0
63.0
5.0
116.2
105.8
10.4
7.8
-0.3
8.1
73.9
91.1
-17.3
214.6
227.6
-13.0
-103.5
-104.5
1.1
-88.1
-85.1
-3.0
0.9
14.6
-13.7
45.7
48.9
-3.2
-4.1
16.3
-20.4
53
54
55
39
40
41
42
43
44
45
46
47
48
49
50
51
52
Debt securities
Open market paper
U.S. savings bonds
Treasury securities
Agency- and GSE-backed securities (2)
Municipal securities
Corporate and foreign bonds
53
54
55
Loans
Short term
Long term (mortgages)
Integrated Accounts
Financial account
132
56
57
58
59
60
61
62
63
64
65
66
67
68
2003
2004
2005
2006
99.3
-110.6
260.3
-113.0
62.5
0.0
-91.1
-282.6
166.5
-54.9
79.9
0.0
-247.3
-422.9
176.9
40.4
-41.8
0.0
-308.0
-652.8
171.6
170.5
2.7
0.0
670.2
22.9
66.8
547.0
13.9
19.6
725.0
23.6
33.1
639.4
11.4
17.4
670.5
25.6
16.1
596.4
9.5
23.0
1032.6
1151.3
13.8
14.7
1013.0
135.3
105.9
-3.4
-1.5
34.3
877.7
2007
2008
2009
2010
2011
2012
-655.3
-1102.5
232.9
247.9
-33.6
0.0
-426.8
-303.0
-38.1
201.4
-287.1
0.0
-8.5
-8.5
334.5
-265.9
-69.8
1.2
44.8
-187.4
227.6
-186.8
187.4
4.0
-91.7
-288.2
217.7
32.9
-54.9
0.7
48.5
-363.0
419.2
-8.9
1.1
0.0
56
57
58
59
60
61
641.5
4.6
57.8
546.3
14.8
18.1
682.7
6.7
18.0
598.6
15.5
43.9
654.8
11.0
61.7
538.0
17.6
26.5
484.8
8.7
23.7
427.4
8.4
16.6
625.8
-35.2
9.0
614.7
14.8
22.5
629.5
36.7
86.9
473.0
14.4
18.5
464.9
-16.7
-26.3
497.1
-2.4
13.3
62
63
64
65
66
67
1166.6
1240.3
912.6
-141.6
-179.3
-243.2
-210.9
94.4
68
15.1
16.4
21.1
9.3
5.9
-2.2
-7.8
-14.5
69
1118.6
179.4
117.2
-19.6
0.3
81.5
939.2
1137.5
77.1
100.4
8.2
0.0
-31.6
1060.3
1209.8
198.4
121.9
12.0
4.8
59.7
1011.5
875.9
178.7
151.3
-9.1
3.2
33.4
697.1
-176.2
-115.0
34.8
4.6
6.2
-160.7
-61.2
-196.3
-32.1
-103.7
33.0
0.5
38.1
-164.2
-265.0
104.7
-25.3
52.4
2.4
75.2
-369.7
-216.8
17.8
109.1
-53.9
1.9
-39.3
-234.6
106.8
346.8
169.1
111.5
1.2
64.9
-240.0
70
71
72
73
74
75
76
69
70
71
72
73
74
75
76
Loans
Short term
Consumer credit
Depository institution loans n.e.c.
Other loans and advances
Security credit
Long term (mortgages)
77
0.9
1.6
1.0
0.5
1.0
3.2
-4.9
2.7
-0.4
0.6
77
78
4.8
16.5
13.0
13.6
14.6
22.2
16.0
21.4
14.0
1.5
78
109.7
235.3
-191.3
-298.1
267.2
846.5
819.7
1132.5
1329.1
924.0
79
517.2
239.7
0.0
210.9
-66.7
1300.6
254.8
12.0
776.4
-257.3
345.9
252.4
50.4
5.2
-37.9
117.2
239.6
0.0
42.3
164.6
587.7
231.1
0.0
88.6
-268.0
471.7
134.6
8.3
-128.8
-457.7
650.5
50.3
0.0
424.3
-175.9
803.0
86.9
0.0
195.0
-521.1
534.3
121.9
0.0
-296.0
-708.5
572.9
160.4
20.9
80.3
-311.3
80
81
82
83
84
79
Addendum:
Net lending (+) or borrowing (-), financial account (lines 40-68)
80
81
82
83
84
Revaluation account
85
86
87
88
89
Nonfinancial assets
Real estate
Consumer durable goods
Equipment
Intellectual property products
1292.2
1378.8
-88.0
-0.3
1.6
2390.3
2422.7
-34.5
1.1
1.0
2873.5
2915.1
-44.1
0.4
2.1
343.2
387.0
-46.9
1.5
1.5
-1886.4
-1833.4
-55.6
0.1
2.6
-3717.7 -1276.7
-3690.9 -1235.7
-32.0
-40.8
3.9
-0.5
1.2
0.3
-461.6
-376.3
-88.3
1.4
1.5
-232.2
-254.4
17.9
2.0
2.3
1467.0
1502.0
-38.8
0.6
3.2
85
86
87
88
89
90
91
92
93
94
95
Financial assets
Corporate equities
Mutual fund shares
Equity in noncorporate business
Equity investment under Public-Private Inv. Program
Insurance, pension and standardized guarantee schemes
3202.4
1723.1
427.3
539.1
0.0
512.9
2968.1
1003.4
328.1
1134.8
0.0
501.9
2728.1
1076.6
45.2
1320.0
0.0
286.2
3819.2
2789.1
381.3
304.8
0.0
344.0
1520.6
929.0
274.9
161.4
0.0
155.2
-8002.2 1633.1
-3886.6 1572.1
-1336.0
471.7
-1258.0 -1162.4
0.0
-0.3
-1521.6
752.0
3391.5
1690.2
250.8
507.6
-1.0
943.8
420.8
343.7
-363.7
564.2
-0.2
-123.2
3211.8
1639.2
444.4
656.7
-0.1
471.5
90
91
92
93
94
95
4494.6
5358.4
5601.6
4162.4
-365.8 -11719.9
356.4
2929.8
188.7
4678.7
96
5409.5
7070.8
6212.0
4600.0
532.3 -10704.5
1705.9
4387.6
1389.1
5944.1
97
98
96
97
Integrated Accounts
98
99
100
101
102
103
Total assets
Nonfinancial assets
Real estate
Consumer durable goods
Equipment
Intellectual property products
133
104
Financial assets
2004
2005
2006
2007
2008
2009
2010
2011
2012
105
106
107
108
109
4481.5
458.0
52.1
3971.5
0.0
4901.8
399.8
57.5
4444.5
0.0
5274.5
285.8
59.9
4928.8
0.0
5747.3
239.6
65.2
5442.5
0.0
6158.2
153.2
80.5
5924.5
0.0
6536.8
364.9
56.9
6115.0
0.0
6728.9
400.6
50.2
6278.1
0.0
6870.7
425.2
49.7
6395.8
0.0
7546.0
749.2
46.9
6749.9
0.0
7980.2
820.8
45.1
7114.3
0.0
105
106
107
108
109
110
111
112
113
114
115
116
Debt securities
Open market paper
U.S. savings bonds
Treasury securities
Agency- and GSE-backed securities (2)
Municipal securities
Corporate and foreign bonds
2737.7
77.3
203.8
206.4
391.6
687.2
1171.3
3777.4
83.7
204.4
269.5
427.0
1522.9
1269.9
4058.1
98.4
205.1
228.6
575.4
1600.7
1349.9
4204.4
117.5
202.4
127.7
607.2
1635.6
1513.9
4824.8
107.3
196.4
-2.6
884.5
1673.6
1965.7
4923.4
6.0
194.0
-0.3
1050.2
1720.9
1952.7
5365.4
22.7
191.2
677.3
347.1
1827.9
2299.2
5648.8
21.1
187.9
1033.0
264.2
1871.7
2270.8
5281.1
19.4
185.2
643.0
227.0
1806.8
2399.6
5416.7
19.0
182.4
926.5
75.1
1657.0
2556.6
110
111
112
113
114
115
116
117
118
119
Loans
Short term
Long term (mortgages)
600.1
478.5
121.6
716.3
584.3
132.0
724.1
584.0
140.1
866.8
744.0
122.9
1081.4
971.6
109.9
977.9
867.0
110.9
892.2
784.2
108.0
893.0
798.8
94.2
938.7
847.7
91.0
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
Loans
Short term
Consumer credit
Depository institution loans n.e.c.
Other loans and advances
Security credit
Long term (mortgages)
142
143
144
Net worth
177.7
197.6
212.7
229.1
250.2
259.5
265.4
263.2
255.5
934.6 117
864.0 118
70.5 119
241.0 134
20.9
22.5
22.4
22.8
23.9
27.0
22.1
24.7
24.3
24.9 142
156.8
173.3
186.3
199.9
214.5
236.7
252.7
274.1
288.2
289.7 143
Integrated Accounts
(1) Consists of rental income of tenant-occupied housing and proprietors income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;
they primarily cover their operating costs through sales, and they keep a complete set of financial records.
(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,
the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.
(3) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
(4) Includes variable annuities, including those in IRAs, at life insurance companies.
(5) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy
reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.
NPISHs Nonprofit institutions serving households
n.e.c. Not elsewhere classified
134
2004
2005
2006
2007
2008
2009
2010
2011
2012
1911.9
2079.1
2218.8
2440.1
2513.9
2632.7
2466.7
2545.9
2766.5
2906.4
183.6
196.4
214.4
232.6
245.6
254.5
253.0
251.8
256.8
264.5
Current account
1
3
4
5
6
7
8
1728.3
532.2
447.5
84.8
111.4
1084.6
1882.7
599.1
503.5
95.6
125.4
1158.3
2004.4
664.7
557.9
106.8
130.2
1209.4
2207.5
747.4
631.2
116.3
147.0
1313.0
2268.3
827.5
701.8
125.7
157.6
1283.2
2378.3
843.4
712.1
131.3
157.9
1377.1
2213.6
805.4
675.0
130.4
145.4
1262.8
2294.1
816.2
684.6
131.6
150.7
1327.2
2509.7
851.4
716.7
134.6
157.8
1500.5
2641.9
895.2
754.5
140.7
162.7
1584.0
3
4
5
6
7
8
9
10
11
12
13
14
15
16
19.8
1084.6
16.7
1081.5
163.5
917.9
0.0
0.0
20.1
1158.3
17.3
1155.5
170.3
985.1
0.1
0.0
21.8
1209.4
18.1
1205.7
198.8
1006.8
0.1
0.0
22.7
1313.0
19.1
1309.5
227.6
1081.8
0.1
0.0
19.8
1283.2
17.7
1281.1
254.2
1026.8
0.1
0.0
15.3
1377.1
13.6
1375.4
263.1
1112.2
0.1
0.0
21.3
1262.8
9.4
1251.0
242.7
1008.3
0.0
0.0
23.1
1327.2
8.4
1312.6
237.9
1074.5
0.1
0.0
25.2
1500.5
1.2
1476.5
227.4
1249.0
0.2
0.0
26.5
1584.0
5.0
1562.5
226.0
1336.2
0.2
0.0
9
10
11
12
13
14
15
16
17
18
19.8
19.8
20.1
20.1
21.8
21.8
22.7
22.7
19.8
19.8
15.3
15.3
21.3
21.3
23.1
23.1
25.2
25.2
26.5
26.5
17
18
19
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
19
20
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
20
0.0
0.0
0.0
5.0
0.0
-5.0
13.1
0.0
-13.1
0.0
0.0
0.0
0.0
0.0
0.0
3.3
0.0
-3.3
6.0
0.0
-6.0
7.8
0.0
-7.8
1.6
0.0
-1.6
4.9
0.0
-4.9
21
22
23
Capital account
21
22
23
24
25
26
27
28
29
55.6
238.3
150.1
88.1
183.6
1.0
73.9
260.3
162.2
98.1
196.4
10.0
78.0
289.2
180.5
108.7
214.4
3.2
73.0
305.0
198.9
106.2
232.6
0.6
69.1
313.5
215.0
98.5
245.6
1.2
52.6
307.5
223.8
83.7
254.5
-0.4
-12.8
248.8
182.9
65.8
253.0
-8.5
-10.8
243.1
184.9
58.3
251.8
-2.2
-0.9
258.5
199.1
59.5
256.8
-2.7
9.3
278.7
212.5
66.2
264.5
-4.9
24
25
26
27
28
29
30
-55.6
-68.9
-64.9
-73.0
-69.1
-49.3
18.8
18.6
2.5
-4.3
30
-55.6
-68.9
-64.9
-73.0
-69.1
-49.3
18.8
18.6
2.5
-4.3
31
80.5
370.8
437.2
519.8
479.4
97.2
-117.0
151.7
19.3
65.8
32
Integrated Accounts
Financial account
31
32
33
34
35
50.8
6.1
44.7
93.7
106.9
-13.2
100.1
76.6
23.5
94.9
74.6
20.3
81.8
66.9
14.9
2.5
3.8
-1.2
10.1
14.9
-4.8
0.1
-2.8
2.9
2.2
-2.0
4.1
17.8
13.5
4.3
33
34
35
36
37
38
Debt securities
Treasury securities
Municipal securities
1.4
2.1
-0.7
7.0
5.3
1.7
6.1
6.0
0.1
1.5
0.2
1.3
2.5
3.0
-0.5
-7.9
-7.5
-0.4
-5.5
-5.7
0.2
2.5
1.9
0.5
0.6
0.6
0.1
0.6
0.6
0.1
36
37
38
39
40
41
Loans
Short term (consumer credit)
Long term (mortgages)
0.1
0.0
0.1
4.6
0.0
4.6
5.3
0.0
5.3
-1.5
0.0
-1.5
7.4
0.0
7.4
-3.0
0.0
-3.0
-1.2
0.0
-1.2
4.2
0.0
4.2
0.5
0.0
0.5
0.5
0.0
0.5
39
40
41
42
43
44
2.9
2.3
0.6
3.0
2.9
0.0
2.4
2.4
-0.1
3.3
3.2
0.2
2.9
2.2
0.7
2.2
1.0
1.2
-1.7
-1.7
-0.0
3.5
3.1
0.4
1.2
0.9
0.3
1.1
0.9
0.2
42
43
44
45
46
47
48
49
50
51
52
53
54
4.7
4.6
5.5
4.4
3.7
3.4
-9.8
29.7
-11.6
15.1
45
20.6
-25.1
45.8
258.1
26.6
231.4
317.8
66.6
251.2
417.2
40.0
377.2
381.1
54.7
326.4
100.0
-3.0
102.9
-109.0
-26.3
-82.7
111.8
37.0
74.7
26.4
6.2
20.3
30.7
6.4
24.3
46
47
48
136.1
439.7
502.1
592.8
548.5
146.6
-135.8
133.1
16.8
70.1
49
73.9
9.7
10.4
-0.6
64.1
254.7
34.1
32.9
1.2
220.6
341.6
164.2
157.8
6.3
177.4
415.2
132.0
115.2
16.8
283.2
461.6
154.5
140.8
13.7
307.1
318.7
131.8
119.5
12.3
186.9
-108.7
-107.3
-102.0
-5.3
-1.4
-32.1
-15.7
-20.3
4.7
-16.5
25.1
57.3
56.7
0.6
-32.2
65.7
97.2
87.8
9.5
-31.5
50
51
52
53
54
135
55
56
57
58
59
60
61
62
Addendum:
Net lending (+) or borrowing (-), financial account (lines 32-49)
2004
2005
2006
2007
2008
2009
2010
2011
2012
65.5
65.9
-0.4
84.2
84.1
0.1
-40.5
-40.6
0.1
9.7
9.5
0.2
-36.8
-37.2
0.3
-298.9
-298.7
-0.2
-70.3
-70.4
0.1
186.6
186.5
0.1
-52.9
-53.2
0.2
-5.2
-5.3
0.2
55
56
57
-3.3
-26.2
-0.5
23.4
100.8
23.7
8.4
68.8
201.0
49.6
8.7
142.7
168.0
14.4
9.0
144.6
123.7
26.0
3.8
93.9
126.7
5.7
6.7
114.3
43.2
16.8
-6.3
32.6
-21.4
30.3
-0.7
-50.9
44.6
8.1
1.2
35.3
9.5
0.7
1.3
7.6
58
59
60
61
-55.6
-68.9
-64.9
-73.0
-69.1
-49.3
18.8
18.6
2.5
-4.3
62
66.3
0.0
66.3
77.9
6.6
71.3
-65.3
24.5
-89.7
9.4
0.0
9.4
-36.8
0.0
-36.8
-303.3
4.4
-307.7
-71.4
0.0
-71.4
192.2
0.0
192.2
-53.5
0.0
-53.5
-14.3
8.6
-22.8
63
64
65
527.4
511.9
368.5
143.4
1.8
-1.4
3.2
1.6
12.1
1133.6
1119.4
677.4
442.0
13.1
-0.5
13.5
1.1
0.0
1329.9
1308.1
948.6
359.5
10.3
1.1
9.2
2.6
8.8
300.0
279.8
-47.4
327.2
14.0
0.7
13.3
2.7
3.6
161.9
127.9
-373.3
501.2
8.1
-0.5
8.6
2.8
23.1
-1243.1
-1259.3
-900.6
-358.7
22.1
0.1
21.9
1.5
-7.3
-1170.9
-1166.0
-387.2
-778.9
3.4
-2.7
6.2
0.2
-8.6
493.9
449.2
143.6
305.5
6.5
-2.3
8.8
2.0
36.2
564.1
513.7
197.2
316.5
16.9
1.3
15.6
2.4
31.1
661.7
635.5
383.2
252.4
12.3
1.0
11.3
4.6
9.3
66
67
68
69
70
71
72
73
74
527.4
1133.6
1329.9
300.0
161.9
-1243.1
-1170.9
493.9
564.1
661.7
75
593.7
1216.4
1277.7
309.4
125.0
-1543.1
-1236.4
693.8
512.2
652.4
76
Revaluation account
66
67
68
69
70
71
72
73
74
75
Nonfinancial assets
Real estate
Residential
Nonresidential
Equipment
Residential
Nonresidential
Intellectual property products
Inventories
Changes in net worth due to nominal holding gains/losses
77
9442.3
11013.9
12834.5
13727.4
14437.7
13340.1
12039.3
12674.1
13256.6
13984.7
77
78
79
80
81
82
83
84
85
86
Total assets
Nonfinancial assets
Real estate
Residential (4)
Nonresidential
Equipment
Residential
Nonresidential
Intellectual property products
Inventories
7653.6
6846.4
4352.2
2494.2
489.9
37.0
452.9
121.1
196.2
8854.5
7997.5
5057.2
2940.3
521.0
38.5
482.5
129.7
206.2
10237.8
9322.7
6021.0
3301.7
555.8
41.7
514.0
141.2
218.2
10610.9
9640.7
6001.7
3638.9
595.8
44.4
551.4
152.0
222.4
10841.8
9805.3
5646.8
4158.5
627.3
45.5
581.8
162.4
246.8
9647.0
8573.6
4747.0
3826.6
663.3
46.6
616.8
171.0
239.0
8463.2
7408.5
4349.9
3058.6
657.1
44.0
613.1
175.8
221.9
8946.3
7840.0
4476.5
3363.4
667.4
42.2
625.2
183.0
256.0
9509.5
8340.4
4659.1
3681.2
693.7
43.7
650.0
191.0
284.4
10171.9
8968.4
5027.4
3940.9
712.9
44.1
668.8
201.8
288.8
78
79
80
81
82
83
84
85
86
87
Financial assets
1788.6
2159.4
2596.7
3116.5
3595.9
3693.1
3576.1
3727.8
3747.1
3812.9
87
504.4
190.6
313.8
598.1
297.5
300.6
698.2
374.1
324.1
793.2
448.8
344.4
875.0
515.6
359.3
877.5
519.4
358.1
887.6
534.3
353.3
887.7
531.5
356.2
889.9
529.5
360.4
907.7
543.0
364.7
88
89
90
88
89
90
91
92
93
Debt securities
Treasury securities
Municipal securities
47.6
44.9
2.7
54.5
50.2
4.3
60.6
56.2
4.4
62.1
56.3
5.8
64.6
59.3
5.3
56.7
51.8
4.9
51.2
46.1
5.1
53.7
48.1
5.6
54.3
48.6
5.7
55.0
49.2
5.8
91
92
93
94
95
96
Loans
Short term (consumer credit)
Long term (mortgages)
26.3
0.0
26.3
30.8
0.0
30.8
36.2
0.0
36.2
34.6
0.0
34.6
42.1
0.0
42.1
39.1
0.0
39.1
37.9
0.0
37.9
42.1
0.0
42.1
42.6
0.0
42.6
43.1
0.0
43.1
94
95
96
97
98
99
67.8
63.6
4.2
70.7
66.5
4.2
73.1
69.0
4.1
76.4
72.2
4.3
79.3
74.3
5.0
81.7
75.4
6.4
80.0
73.7
6.3
83.5
76.8
6.7
84.7
77.7
7.0
85.8
78.6
7.2
97
98
99
100
101
102
103
89.2
93.7
99.2
103.6
107.3
111.5
101.7
131.4
119.8
134.9 100
1053.4
337.7
715.7
1311.5
364.3
947.1
1629.3
430.9
1198.4
2046.5
470.9
1575.6
2427.6
525.6
1902.0
2526.6
522.7
2003.9
2417.6
496.3
1921.3
2529.4
533.4
1996.0
2555.8
539.6
2016.3
2586.5 101
546.0 102
2040.5 103
Integrated Accounts
136
104
105
106
107
108
109
110
Loans
Short term
Depository institution loans n.e.c.
Other loans and advances
Long term (mortgages)
111
112
113
114
115
116
Net worth
2003
2004
2005
2006
2007
2008
2009
2010
2011
9442.3
11013.9
12834.5
13727.4
14437.7
13340.1
12039.3
12674.1
13256.6
13984.7 104
3282.0
3637.2
4180.2
4763.6
5348.9
5794.4
5730.0
5670.9
5741.2
5817.0 105
2301.5
606.8
479.7
127.1
1694.7
2556.1
640.9
512.6
128.3
1915.3
2897.7
805.0
670.4
134.6
2092.7
3312.9
937.1
785.7
151.4
2375.9
3774.5
1091.5
926.5
165.0
2683.0
4093.2
1223.4
1046.1
177.3
2869.9
3984.5
1116.1
944.0
172.0
2868.5
3946.3
1094.3
923.7
170.6
2852.0
3971.4
1151.6
980.4
171.2
2819.9
4039.6
1251.3
1070.6
180.6
2788.4
3.3
3.0
3.3
3.6
3.6
3.6
4.8
5.3
5.9
977.3
261.2
69.7
646.5
1078.1
284.9
78.0
715.2
1279.1
334.5
86.7
857.9
1447.1
348.9
95.7
1002.5
1570.8
374.9
99.5
1096.4
1697.5
380.6
106.2
1210.7
1740.7
397.4
99.9
1243.3
1719.3
427.7
99.2
1192.4
1763.9
435.8
100.4
1227.7
1771.0
434.1
101.6
1235.3
6160.2
7376.7
8654.3
8963.8
9088.8
7545.7
6309.3
7003.2
7515.3
8167.7 116
Integrated Accounts
Notes. Nonfinancial noncorporate business includes noncorporate farms that are excluded from the nonfinancial noncorporate business sector in the Flow of Funds Accounts.
Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.
(1) Consists of rental income of tenant-occupied housing and proprietors income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;
they primarily cover their operating costs through sales, and they keep a complete set of financial records.
(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,
the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.
(3) Net equity in reserves of property-casualty insurance companies.
(4) Farm houses are included in the household sector.
n.e.c. Not elsewhere classified
2012
106
107
108
109
110
6.4 111
112
113
114
115
137
2004
2005
2006
2007
2008
2009
2010
2011
2012
5724.4
6107.9
6532.1
6988.0
7203.9
7258.1
6861.4
7243.1
7636.4
8030.8
818.0
850.2
909.9
979.4
1040.3
1093.9
1092.0
1094.6
1135.8
1188.2
4906.5
3595.7
2962.2
633.4
495.8
815.1
5257.7
3762.8
3099.9
662.9
530.9
964.1
5622.2
3930.3
3238.0
692.3
573.2
1118.7
6008.7
4129.3
3420.9
708.5
610.1
1269.3
6163.6
4305.3
3572.1
733.3
632.5
1225.8
6164.2
4358.0
3619.5
738.5
632.7
1173.5
5769.4
4088.4
3377.5
710.9
605.9
1075.1
6148.6
4168.0
3446.1
721.9
633.0
1347.6
6500.6
4374.3
3624.7
749.6
664.2
1462.1
6842.7
4600.8
3824.8
776.0
685.3
1556.5
3
4
5
6
7
8
Current account
1
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
467.9
815.1
420.2
236.4
55.8
128.0
767.4
391.6
349.2
12.0
14.7
561.7
964.1
480.6
251.9
66.3
162.4
883.0
394.6
430.8
40.5
17.1
757.8
1118.7
614.6
296.9
300.3
17.4
975.6
451.0
471.1
34.0
19.4
764.6
1269.3
644.1
357.6
79.7
206.9
1148.8
521.1
550.8
56.6
20.3
669.1
1225.8
687.4
379.4
92.3
215.7
1244.1
605.7
576.9
38.9
22.6
575.9
1173.5
626.9
302.8
108.0
216.1
1224.6
584.5
582.2
32.1
25.9
633.3
1075.1
565.0
214.6
138.7
211.7
1006.8
480.0
490.4
18.1
18.2
902.4
1347.6
580.3
177.5
134.4
268.3
1025.4
444.5
509.9
51.8
19.2
960.4
1462.1
568.2
180.0
96.8
291.5
1069.9
445.6
537.1
65.7
21.6
997.2
1556.5
577.2
177.8
98.7
300.8
1136.5
451.8
577.4
85.8
21.5
9
10
11
12
13
14
15
16
17
18
19
20
21
22
467.9
132.9
61.8
561.7
187.0
62.0
757.8
271.9
74.2
764.6
307.7
70.4
669.1
293.8
62.2
575.9
227.4
51.7
633.3
177.8
73.4
902.4
220.6
83.2
960.4
222.3
89.3
997.2
256.9
92.5
20
21
22
23
273.2
312.7
411.7
386.5
313.1
296.7
382.1
598.6
648.8
647.8
23
24
273.2
312.7
411.7
386.5
313.1
296.7
382.1
598.6
648.8
647.8
24
25
26
27
273.3
273.2
-0.1
319.3
312.7
-6.7
427.2
411.7
-15.5
386.5
386.5
-0.0
313.1
313.1
-0.0
300.4
296.7
-3.7
343.8
382.1
38.3
577.7
598.6
20.9
655.2
648.8
-6.4
664.5
647.8
-16.7
25
26
27
28
158.2
211.9
280.9
360.4
341.6
264.7
-82.8
149.0
207.7
321.3
28
29
30
31
32
960.0
818.0
-2.1
18.3
1010.1
850.2
-1.8
53.9
1133.4
909.9
1.0
56.4
1259.9
979.4
13.6
66.3
1348.2
1040.3
0.4
33.3
1372.7
1093.9
17.6
-31.6
1141.9
1092.0
6.3
-139.0
1181.0
1094.6
-1.1
63.7
1305.3
1135.8
-0.9
39.1
1438.9
1188.2
-0.4
71.0
29
30
31
32
33
115.1
107.4
146.3
26.1
-28.5
35.7
426.6
428.7
447.5
343.2
33
115.1
107.4
146.3
26.1
-28.5
35.7
426.6
428.7
447.5
343.2
34
Capital account
34
35
87.6
780.2
945.7
700.7
1074.6
-604.2
302.4
633.2
513.2
891.5
35
133.0
44.0
71.5
17.6
56.2
3.0
37.7
15.6
120.6
60.8
49.9
9.9
-84.8
-117.2
46.6
-14.2
-62.3
-7.6
-55.7
0.9
-214.0
-129.0
-59.4
-25.5
254.5
140.7
106.9
6.8
148.7
79.7
59.9
9.1
42.7
34.3
14.3
-5.8
94.9
94.5
21.9
-21.5
36
37
38
39
10.8
10.9
2.3
-5.7
3.3
16.2
19.3
0.3
0.1
-3.6
40.4
16.0
18.1
6.0
0.3
-1.2
11.7
-6.7
-2.2
-4.0
-61.7
-53.2
-7.1
-2.4
1.1
-25.7
-12.2
-7.9
-2.6
-3.0
16.3
-1.3
12.5
4.2
0.9
15.6
12.0
5.1
1.7
-3.2
-7.8
0.1
-4.8
-1.6
-1.4
9.3
-7.6
7.2
-2.6
12.3
40
41
42
43
44
Loans
Short term (security RPs and consumer credit)
Long term (mortgages)
-13.7
-15.9
2.2
15.4
0.6
14.8
10.2
8.5
1.7
-12.5
-4.1
-8.4
-21.7
-3.2
-18.4
-9.8
-2.1
-7.7
-5.6
-1.5
-4.1
-8.7
-7.1
-1.6
3.0
2.8
0.2
-2.0
-2.2
0.2
45
46
47
48
49
50
51
52
53
103.3
-30.4
5.8
125.3
0.1
2.6
284.1
10.3
-1.3
272.4
0.1
2.6
142.5
52.7
0.7
24.7
0.0
64.4
334.9
69.1
23.6
219.2
0.1
22.9
374.6
127.2
-4.9
307.0
0.1
-54.8
423.5
178.5
-16.5
262.6
-0.1
-1.1
224.3
-71.4
35.3
269.7
0.0
-9.3
183.6
-157.7
11.1
303.3
0.1
26.7
359.9
-35.4
-12.8
399.8
-0.0
8.4
359.7
-4.1
-1.6
365.8
0.0
-0.4
48
49
50
51
52
53
54
19.1
19.7
21.3
7.6
8.3
11.0
-4.0
11.9
10.0
7.4
54
36
37
38
39
40
41
42
43
44
Debt securities
Open market paper
Treasury securities
Agency- and GSE-backed securities (1)
Municipal securities
45
46
47
Integrated Accounts
Financial account
138
55
56
57
58
2004
2005
2006
2007
2008
2009
2010
2011
2012
-164.9
-17.7
-147.1
388.6
128.8
259.8
610.8
277.6
333.2
456.6
-15.2
471.9
837.3
159.8
677.5
-789.2
-169.5
-619.7
-183.1
-31.1
-152.0
282.2
105.7
176.5
105.4
82.2
23.2
422.2
89.5
332.7
55
56
57
13.5
614.2
965.6
839.3
1281.1
339.1
-248.5
487.8
457.8
697.5
58
59
60
61
62
Debt securities
Open market paper
Municipal securities
Corporate bonds
124.4
-37.3
3.3
158.4
119.5
15.3
10.6
93.6
97.6
-7.7
41.9
63.5
294.5
22.4
53.3
218.8
402.6
11.3
68.4
323.0
299.1
7.7
66.0
225.4
375.8
-73.1
37.2
411.7
496.3
24.5
33.2
438.6
452.7
33.4
8.5
410.8
608.8
14.0
15.2
579.6
59
60
61
62
63
64
65
66
67
Loans
Short term
Depository institution loans n.e.c.
Other loans and advances
Long term (mortgages)
-35.8
-84.0
-91.4
7.3
48.2
125.9
55.1
4.0
51.1
70.8
278.7
83.1
-27.1
110.2
195.6
241.2
150.0
22.1
127.9
91.2
452.7
383.9
96.3
287.6
68.8
75.1
132.1
64.2
67.9
-57.0
-522.7
-394.8
-234.0
-160.8
-127.9
-294.6
-173.9
-83.5
-90.4
-120.7
65.0
128.7
68.9
59.8
-63.7
43.6
47.9
78.3
-30.4
-4.3
63
64
65
66
67
68
69
70
0.7
-39.6
40.2
-27.0
-122.7
95.7
-243.1
-341.8
98.7
-374.7
-565.7
191.0
-575.3
-786.8
211.6
-146.4
-336.0
189.5
40.1
-64.6
104.7
-120.7
-278.0
157.3
-277.3
-472.5
195.1
-234.5
-400.0
165.5
68
69
70
71
72
73
75.8
-0.2
76.0
86.9
-3.1
90.1
98.6
-1.9
100.4
103.6
-2.0
105.6
-0.2
4.5
-4.8
124.1
14.7
109.3
80.2
-8.4
88.6
5.5
15.4
-9.9
-8.7
3.0
-11.6
52.1
-2.1
54.1
71
72
73
74
75
76
77
-151.5
-54.7
-11.7
-85.1
308.8
97.7
6.8
204.4
733.8
199.0
-1.8
536.6
574.7
109.0
-0.8
466.5
1001.2
85.1
-49.6
965.8
-12.8
-225.2
3.1
209.3
-221.9
-82.6
-3.3
-136.1
401.2
156.3
7.2
237.7
226.1
18.9
8.8
198.4
227.6
122.6
5.3
99.6
74
75
76
77
74.1
166.1
-19.9
-138.6
-206.5
-943.3
551.0
145.5
55.4
194.0
78
131.6
0.0
163.0
40.9
-9.6
294.6
9.2
187.3
-58.6
-39.5
327.3
22.7
438.7
166.2
-32.1
645.4
0.0
774.5
164.7
-35.7
757.3
0.0
895.8
178.0
-39.5
-720.6
5.8
215.6
979.0
-37.0
175.5
0.0
57.8
-124.3
6.7
415.2
0.0
657.4
283.2
-41.0
389.6
0.0
725.7
392.1
-56.0
481.5
6.9
613.8
149.2
-10.0
79
80
81
82
83
283.7
261.4
-20.1
22.0
20.4
1251.1
1130.3
71.0
11.8
38.0
998.3
872.1
53.0
29.3
43.9
962.6
854.7
80.9
22.2
4.7
1660.3
1526.8
33.8
31.2
68.5
-1072.3
-1123.4
104.8
12.8
-66.5
-2862.9
-2895.7
-10.1
3.0
39.9
966.7
832.5
48.4
22.2
63.6
890.6
758.3
62.2
27.6
42.5
480.5
406.8
21.1
45.2
7.4
84
85
86
87
88
26.1
18.2
7.9
89.2
11.9
77.2
94.5
8.1
86.3
31.0
15.2
15.9
154.8
9.7
145.1
-199.6
-55.2
-144.4
-15.3
20.4
-35.7
-131.9
13.6
-145.6
-15.2
-8.1
-7.1
-7.5
17.4
-24.9
89
90
91
2681.7
2672.5
9.2
1378.2
1366.1
12.1
980.7
939.8
41.0
2463.8
2481.5
-17.7
1942.9
1915.2
27.7
-5479.4
-5378.2
-101.2
2391.6
2560.2
-168.5
2121.5
2136.5
-15.0
591.5
602.1
-10.6
2014.0
2018.5
-4.4
92
93
94
-2372.0
-37.9
112.0
-1470.1
-127.8
4207.5
-5269.8
-1286.7
283.9
-1541.0
95
-1967.1
576.0
866.5
-438.2
942.6
3787.3
-4750.5
-293.9
1328.8
-395.0
96
21645.4
23951.8
26216.7
28333.7
31499.3
29881.5
27306.1
29194.1
30867.7
32622.9
97
11522.0
5961.3
3018.8
1181.5
1360.4
13007.1
7127.5
3161.2
1226.6
1491.7
14307.8
8059.7
3318.5
1305.5
1624.2
15666.1
9009.3
3541.7
1384.3
1730.9
17737.7
10681.4
3710.5
1473.6
1872.2
16944.7
9700.0
3894.2
1539.3
1811.1
13972.3
6868.1
3826.9
1572.1
1705.3
15160.4
7759.8
3887.7
1639.3
1873.6
16325.4
8570.6
4023.7
1719.8
2011.2
17121.8
9056.2
4146.9
1819.1
2099.6
98
99
100
101
102
10123.4
10944.8
11908.9
12667.6
13761.6
12936.9
13333.8
14033.7
14542.3
15501.1
103
605.1
204.2
362.8
38.1
661.3
207.2
400.5
53.7
781.9
268.0
450.4
63.6
697.1
150.8
497.0
49.3
634.8
143.2
441.3
50.3
420.8
14.2
381.9
24.7
675.3
155.0
488.8
31.5
824.0
234.6
548.7
40.6
866.7
269.0
563.0
34.8
961.6
363.4
584.9
13.3
104
105
106
107
78
Addendum:
Net lending (+) or borrowing (-), financial account (lines 35-58)
79
80
81
82
83
Revaluation account
84
85
86
87
88
Nonfinancial assets
Real estate
Equipment
Intellectual property products
Inventories
89
90
91
Financial assets
Mutual fund shares
Direct investment abroad
92
93
94
Liabilities
Corporate equity
Foreign direct investment in the United States
95
96
Integrated Accounts
Total assets
Nonfinancial assets (5)
Real estate
Equipment
Intellectual property products
Inventories
Financial assets
Currency and deposits
Currency and transferable deposits
Time and savings deposits
Foreign deposits
139
2004
2005
2006
2007
2008
2009
2010
2011
2012
108
109
110
111
112
Debt securities
Open market paper
Treasury securities
Agency- and GSE-backed securities (1)
Municipal securities
156.0
75.7
33.7
11.2
35.4
172.2
95.0
34.0
11.3
31.8
212.6
111.0
52.1
17.4
32.1
211.4
122.7
45.5
15.2
28.1
149.7
69.5
38.3
12.8
29.2
124.1
57.3
30.5
10.2
26.2
140.4
56.0
43.0
14.3
27.1
155.9
68.0
48.0
16.0
23.9
148.1
68.0
43.2
14.4
22.5
157.5
60.5
50.4
11.8
34.8
108
109
110
111
112
113
114
115
116
117
Loans
Short term
Security repurchases
Consumer credit
Long term (mortgages)
116.8
65.1
6.0
59.1
51.8
132.2
65.6
6.4
59.2
66.6
142.4
74.1
14.6
59.6
68.3
128.3
68.5
15.5
53.0
59.8
106.7
65.3
8.1
57.2
41.4
96.8
63.2
7.2
56.0
33.6
91.2
61.7
7.9
53.8
29.5
86.3
58.3
12.1
46.2
28.0
89.3
61.1
12.6
48.5
28.2
87.3
58.9
10.4
48.5
28.4
113
114
115
116
117
118
119
120
121
122
123
2170.6
289.3
114.9
1745.1
0.4
21.0
2543.9
299.6
125.6
2094.7
0.5
23.6
2809.9
352.2
134.4
2205.7
0.5
117.0
3175.9
421.3
173.2
2440.7
0.6
140.1
3701.6
548.5
178.0
2892.9
0.7
81.5
3925.3
727.0
106.3
3011.1
0.4
80.5
4134.3
655.5
162.0
3245.1
0.5
71.2
4148.8
497.8
186.8
3402.9
0.6
60.7
4493.5
462.4
165.9
3795.6
0.5
69.1
4845.7
458.3
181.7
4136.4
0.6
68.7
118
119
120
121
122
123
124
243.0
262.7
284.0
291.6
300.0
311.1
307.1
319.0
329.0
336.5
124
125
126
127
6831.8
1701.8
5130.0
7172.4
1830.6
5341.8
7678.1
2108.2
5569.9
8163.2
2094.6
6068.6
8868.8
2254.4
6614.4
8058.8
2084.9
5973.8
7985.4
2053.9
5931.6
8499.6
2155.8
6343.8
8615.6
2238.0
6377.6
9112.6
2327.5
6785.1
125
126
127
128
21645.4
23951.8
26216.7
28333.7
31499.3
29881.5
27306.1
29194.1
30867.7
32622.9
128
20739.9
22470.4
23868.7
26423.9
28646.8
23241.7
25416.8
27598.6
27943.4
30093.6
129
129
Liabilities
130
131
132
133
Debt securities
Open market paper
Municipal securities
Corporate bonds
3276.6
82.5
163.9
3030.2
3407.1
97.8
185.4
3123.8
3504.7
90.1
227.3
3187.3
3799.2
112.5
280.6
3406.1
4201.9
123.8
349.0
3729.1
4501.0
131.5
415.0
3954.5
4876.8
58.4
452.2
4366.2
5373.1
82.9
485.4
4804.8
5825.8
116.3
493.9
5215.6
6434.6
130.3
509.1
5795.2
130
131
132
133
134
135
136
137
138
Loans
Short term
Depository institution loans n.e.c.
Other loans and advances
Long term (mortgages)
1876.4
1356.3
614.1
742.2
520.1
2002.3
1411.4
618.0
793.3
590.9
2281.0
1494.5
591.0
903.5
786.5
2542.9
1641.6
613.1
1028.5
901.3
3002.1
2032.0
715.9
1316.1
970.2
3072.3
2164.1
780.1
1384.0
908.2
2465.4
1685.2
546.0
1139.1
780.3
2100.2
1429.2
480.9
948.3
671.0
2165.2
1557.9
549.8
1008.1
607.3
2252.3
1649.3
609.5
1039.8
603.0
134
135
136
137
138
139
140
141
12147.2
10845.2
1302.0
13498.4
12088.6
1409.8
14236.0
12686.6
1549.4
16325.1
14602.3
1722.7
17692.7
15730.7
1961.9
12066.9
10016.6
2050.3
14498.6
12512.2
1986.4
16499.4
14370.7
2128.7
16813.6
14500.3
2313.3
18593.2
16118.8
2474.4
139
140
141
142
143
144
78.0
49.8
28.2
80.9
46.6
34.3
14.6
44.8
-30.1
35.7
64.7
-29.0
48.6
69.3
-20.7
762.0
84.0
678.0
572.8
75.6
497.2
537.1
91.1
446.1
580.8
94.0
486.8
532.3
92.0
440.3
142
143
144
145
146
147
148
3361.7
1403.9
81.2
1876.6
3481.7
1501.6
88.0
1892.1
3832.3
1700.6
86.2
2045.5
3720.9
1812.9
85.4
1822.6
3701.5
1897.9
35.8
1767.8
2839.5
1672.7
39.0
1127.8
3003.1
1590.2
35.7
1377.2
3088.8
1746.5
42.9
1299.4
2558.0
1765.4
51.7
740.9
2281.2
1888.0
57.0
336.3
145
146
147
148
905.5
1481.5
2348.0
1909.9
2852.5
6639.8
1889.3
1595.5
2924.3
2529.3
149
149
Net worth
Integrated Accounts
Notes. Nonfinancial corporate business includes corporate farms that are excluded from the nonfinancial corporate business sector in the Flow of Funds Accounts.
Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.
(1) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,
the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.
(2) Net equity in reserves of property-casualty insurance companies.
(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy
reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.
(4) Includes changes in the market value of shares and other equity that are excluded from the related measures for the nonfinancial corporate business sector in the Flow of Funds Accounts.
(5) Excludes nonproduced nonfinancial assets.
n.e.c. Not elsewhere classified
140
2004
2005
2006
2007
2008
2009
2010
2011
2012
Current account
1
885.6
922.1
1034.3
1127.6
1068.8
852.3
1015.7
1039.9
1025.1
1090.3
130.0
139.3
148.9
156.8
165.4
173.9
177.4
176.7
179.0
186.6
3
4
5
6
7
8
755.6
460.5
390.6
69.9
42.9
252.2
782.8
498.5
423.0
75.5
46.6
237.7
885.5
535.4
449.4
86.0
49.5
300.6
970.8
579.8
490.8
89.0
52.5
338.5
903.4
618.2
527.1
91.1
54.7
230.5
678.4
612.9
517.9
95.0
55.6
9.9
838.4
549.0
466.2
82.8
64.2
225.2
863.3
572.5
486.4
86.1
64.8
226.0
846.0
610.1
514.3
95.9
61.0
174.9
903.7
633.6
538.3
95.3
61.5
208.6
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
206.6
252.2
1439.2
1304.9
113.2
21.1
1484.8
1210.4
271.9
221.8
50.1
2.5
0.0
213.1
237.7
1675.2
1499.9
145.2
30.1
1699.7
1360.7
329.8
282.4
47.4
9.3
0.0
200.3
300.6
2078.1
1886.6
188.6
2.9
2178.4
1785.2
385.1
337.5
47.7
8.0
0.0
205.2
338.5
2657.4
2403.6
212.9
40.9
2790.8
2338.0
440.0
390.0
50.0
12.8
0.0
110.7
230.5
3096.1
2786.6
263.7
45.7
3215.8
2708.9
497.4
457.6
39.8
9.5
0.0
-1.7
9.9
2718.3
2398.5
270.3
49.5
2729.9
2275.4
447.2
424.2
23.0
7.3
0.0
290.8
225.2
2096.6
1834.4
211.1
51.1
2031.0
1636.7
390.6
316.2
74.4
3.7
0.0
375.8
226.0
2027.0
1714.0
244.8
68.3
1877.3
1469.7
396.7
311.8
84.9
10.9
0.0
324.9
174.9
2040.0
1709.2
261.1
69.6
1890.0
1455.2
419.7
366.0
53.8
15.1
0.0
322.4
208.6
1990.3
1625.8
297.2
67.3
1876.5
1372.4
484.2
431.9
52.3
19.9
0.0
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
206.6
110.9
-9.7
213.1
119.1
-6.5
200.3
140.5
-13.4
205.2
165.7
-21.1
110.7
151.7
7.5
-1.7
81.7
46.0
290.8
91.6
26.9
375.8
150.0
18.4
324.9
151.9
19.8
322.4
177.8
-12.0
22
23
24
25
105.5
100.5
73.1
60.6
-48.5
-129.4
172.3
207.4
153.1
156.5
25
26
105.5
100.5
73.1
60.6
-48.5
-129.4
172.3
207.4
153.1
156.5
26
Capital account
27
28
29
105.5
105.5
0.0
84.3
100.5
16.2
45.4
73.1
27.7
60.6
60.6
0.0
-48.5
-48.5
0.0
-68.9
-129.4
-60.5
294.2
172.3
-121.9
248.9
207.4
-41.5
185.5
153.1
-32.4
146.9
156.5
9.6
27
28
29
30
31
32
26.5
156.5
130.0
37.2
176.5
139.3
31.1
180.0
148.9
31.9
188.7
156.8
46.1
211.5
165.4
22.3
196.2
173.9
-10.5
166.9
177.4
-13.9
162.8
176.7
-3.8
175.2
179.0
6.8
193.4
186.6
30
31
32
33
78.9
47.1
14.3
28.8
-94.6
-91.2
304.7
262.8
189.3
140.2
33
Integrated Accounts
Financial account
34
35
78.9
47.1
14.3
28.8
-94.6
-91.2
304.7
262.8
189.3
140.2
34
3022.7
3251.7
3610.4
4418.7
5177.3
4982.5
-1286.0
-348.1
2133.0
1807.9
35
0.0
0.0
-0.0
-0.0
0.0
0.0
0.0
0.0
0.0
0.0
36
-47.3
43.9
-12.3
74.7
170.2
1008.9
224.4
-139.8
528.3
-36.9
37
36
Monetary gold
37
38
39
40
41
42
43
44
45
Debt securities
SDR certificates
Open market paper
Treasury securities
Agency- and GSE-backed securities (2)
Municipal securities
Corporate and foreign bonds
Nonmarketable government securities
1078.5
0.0
-153.6
87.8
432.3
110.7
576.6
24.7
467.0
0.0
40.6
-50.2
-197.4
79.5
553.6
40.9
650.2
0.0
204.9
45.6
-247.2
115.6
491.3
40.0
1110.5
0.0
241.1
89.0
92.9
131.2
520.4
35.8
1049.5
0.0
-95.4
50.5
267.4
184.7
609.1
33.3
1237.6
0.0
-8.5
423.3
743.7
42.1
-26.4
63.3
807.2
3.0
-396.7
361.7
684.8
38.5
54.0
61.9
844.9
0.0
-103.3
425.3
131.0
44.1
282.1
65.7
1335.8
0.0
-76.3
962.2
153.6
14.8
210.7
70.8
1125.3
0.0
-7.3
284.9
252.8
138.2
416.2
40.4
38
39
40
41
42
43
44
45
46
47
48
Loans
Short term
Long term (mortgages)
1105.0
115.9
989.0
1567.9
358.3
1209.6
1954.8
539.2
1415.6
2022.0
622.2
1399.9
2343.8
1262.4
1081.4
1621.2
1544.1
77.0
-2808.8
-2509.4
-299.4
-948.7
-445.1
-503.6
-153.5
164.4
-317.9
196.6
427.5
-230.9
46
47
48
49
50
51
52
53
54
55
56
329.7
257.6
-2.6
-79.0
2.5
24.3
0.5
126.4
656.9
332.4
94.9
-111.6
2.4
43.8
3.1
291.9
536.2
285.0
46.8
16.0
2.0
11.5
1.6
173.2
547.4
183.7
92.5
40.9
-0.0
25.8
1.8
202.8
1214.8
420.5
90.1
322.7
8.3
107.0
3.1
263.1
866.6
213.2
48.0
316.6
-5.3
66.4
2.6
225.0
43.7
170.8
68.4
-176.7
0.0
40.7
4.6
-64.1
-130.6
81.4
17.1
-168.5
-3.2
-2.3
0.9
-56.0
-54.3
-87.0
-13.2
-59.9
-6.2
9.2
0.4
102.4
366.1
165.7
66.5
-7.4
-2.0
22.5
0.5
120.3
49
50
51
52
53
54
55
56
141
2004
2005
2006
2007
2008
2009
2010
2011
2012
57
232.3
214.5
198.4
234.2
202.1
407.8
419.3
260.4
316.8
286.1
57
58
324.5
301.6
283.2
429.9
196.9
-159.5
28.1
-234.3
160.0
-129.2
58
59
2813.7
3236.9
3303.4
4144.9
5056.9
5265.3
-1326.0
-144.1
2261.7
1749.7
59
465.7
612.5
617.7
616.2
536.5
2209.1
240.1
344.4
1450.0
577.1
60
1010.0
586.2
487.3
-63.5
805.9
115.8
668.5
21.7
1039.5
80.4
744.9
214.2
1319.9
328.2
795.3
196.4
1503.7
905.7
709.5
-111.5
360.4
768.7
-282.9
-125.4
-1094.1
-60.1
-585.9
-448.1
-724.2
-46.9
-575.1
-102.2
-414.7
-21.9
-324.7
-68.2
-289.1
-22.4
-207.9
-58.8
61
62
63
64
365.2
356.3
8.9
308.9
283.4
25.5
424.8
410.7
14.1
571.2
564.6
6.6
602.0
597.3
4.7
-77.7
-84.5
6.8
-1079.8
-1083.1
3.4
-452.6
-452.8
0.2
-15.6
-24.7
9.1
5.0
-10.7
15.6
65
66
67
250.5
-212.6
66.0
288.1
3.2
23.9
-3.4
84.9
0.5
649.7
-136.4
118.1
296.3
2.5
50.2
-4.2
320.1
3.1
698.0
125.1
78.4
260.2
1.9
13.9
-1.2
218.1
1.6
931.6
303.1
60.0
336.8
0.2
52.0
-6.8
184.4
1.8
1469.0
736.8
179.6
361.5
9.1
9.3
3.6
166.1
3.1
1717.4
724.2
639.3
-9.9
-4.2
120.7
11.6
233.0
2.6
271.1
-498.7
316.4
497.1
0.0
45.7
0.6
-94.5
4.6
73.6
-503.2
191.2
370.1
-2.7
48.5
0.9
-32.0
0.9
498.7
-112.8
164.0
338.4
-5.9
34.9
-1.7
81.5
0.4
965.2
7.1
155.1
625.7
-1.8
0.8
6.5
171.5
0.5
68
69
70
71
72
73
74
75
76
655.1
695.5
671.7
640.3
680.0
728.1
488.8
606.7
627.9
492.0
77
67.2
164.3
-148.3
65.7
265.6
328.0
-152.1
8.0
115.4
-0.5
78
209.0
14.9
307.0
273.8
120.4
-282.9
39.9
-204.1
-128.7
58.2
79
-692.1
0.0
-822.2
-130.1
-48.3
1.7
-17.8
32.2
49.2
1.7
-245.2
-292.7
210.8
0.0
-34.3
-245.0
-75.5
0.0
-290.6
-215.0
1181.3
0.6
1372.4
191.7
-265.8
0.0
-0.9
264.8
-509.7
0.0
-42.8
466.9
-172.7
0.0
145.3
318.0
134.4
2.0
214.4
82.0
80
81
82
83
60
61
62
63
64
Debt securities
Agency- and GSE-backed securities (2)
Corporate bonds
Commercial paper
65
66
67
Loans
Short term
Long term (mortgages)
68
69
70
71
72
73
74
75
76
77
78
79
Addendum:
Net lending (+) or borrowing (-), financial account (lines 35-59)
80
81
82
83
Revaluation account
84
85
86
87
Nonfinancial assets
Structures (nonresidential)
Equipment
Intellectual property products
12.4
17.2
-3.4
-1.5
71.7
63.9
8.1
-0.3
78.4
75.1
2.0
1.2
71.9
66.9
2.9
2.1
36.4
38.1
-3.1
1.4
65.6
59.0
5.3
1.3
-48.7
-47.0
-0.6
-1.0
6.3
1.4
5.0
-0.0
41.9
35.0
6.0
0.9
26.2
15.8
6.6
3.7
84
85
86
87
88
89
90
91
Financial assets
Corporate equities
Mutual fund shares
U.S. direct investment abroad
2145.3
1862.7
252.6
30.0
1178.7
1004.2
123.9
50.6
928.9
614.6
283.7
30.7
1245.0
957.3
252.0
35.7
759.9
622.7
91.5
45.8
-5986.6
-5098.0
-899.4
10.8
2677.7
2141.7
481.8
54.2
1726.4
1413.3
272.5
40.7
-579.7
-523.9
-43.5
-12.3
1811.8
1481.1
279.5
51.2
88
89
90
91
92
93
94
95
96
97
98
Liabilities
Corporate equity issues
Mutual fund shares
Foreign direct investment in the United States
Equity in noncorporate business
Pension fund reserves
Investment by parent
2029.8
795.9
726.8
8.4
11.4
487.4
-0.1
1437.1
459.1
483.8
4.0
2.4
487.8
-0.0
935.1
262.4
352.4
9.4
1.7
280.1
29.0
1888.6
716.1
682.6
22.5
4.9
429.2
33.2
-498.9
-985.4
396.0
-56.7
-0.8
151.6
-3.7
-6394.8
-2366.0
-2424.7
-157.6
-13.6
-1432.9
0.0
2835.1
386.2
1035.6
17.9
3.6
716.3
675.6
2027.5
525.2
582.2
34.1
0.3
924.9
-39.1
-781.4
-372.6
-340.4
35.9
-1.1
-102.8
-0.3
2425.7
694.9
827.0
15.5
-1.0
462.8
426.5
92
93
94
95
96
97
98
127.9
-186.7
72.3
-571.7
1295.2
473.8
-206.1
-294.7
243.6
-587.7
99
-458.7
-150.7
166.9
-300.3
1171.1
1586.2
-177.7
-555.5
256.4
-306.4
100
46390.6
50833.2
55116.4
60823.5
66729.0
67473.1
68750.2
69655.0
71374.2
75637.6
101
1194.4
690.2
400.4
103.9
1301.7
759.9
427.4
114.4
1409.5
841.3
447.3
120.8
1513.3
916.3
469.8
127.1
1595.7
969.3
487.8
138.5
1683.0
1035.8
493.6
153.7
1623.8
988.3
468.4
167.1
1616.3
979.3
469.3
167.7
1654.4
1001.8
479.9
172.7
1685.4
1005.8
497.0
182.5
102
103
104
105
99
100
Total assets
Nonfinancial assets (4)
Structures (nonresidential)
Equipment
Intellectual property products
Integrated Accounts
142
2005
2006
2007
2008
2009
2010
2011
2012
106
Financial assets
45196.2
49531.5
53706.9
59310.2
65133.2
65790.1
67126.4
68038.7
69719.9
73952.2
106
107
Monetary gold
11.0
11.0
11.0
11.0
11.0
11.0
11.0
11.0
11.0
11.0
107
108
734.4
779.4
764.4
814.1
986.6
2031.3
2270.3
2176.3
2704.6
2692.0
108
109
110
111
112
113
114
115
116
Debt securities
SDR certificates
Open market paper
Treasury securities
Agency- and GSE-backed securities (2)
Municipal securities
Corporate and foreign bonds
Nonmarketable government securities
13547.8
2.2
796.5
1644.0
4570.2
1151.0
4569.0
815.0
14034.7
2.2
837.0
1593.8
4392.8
1230.5
5122.6
855.9
14665.7
2.2
1041.9
1639.4
4145.5
1346.1
5607.7
882.9
15689.8
2.2
1280.0
1733.1
4154.1
1477.0
6124.7
918.7
16739.4
2.2
1184.6
1783.6
4421.5
1661.7
6733.8
952.0
17979.5
2.2
1175.8
2206.9
5165.3
1703.8
6710.3
1015.3
18809.3
5.2
779.0
2568.6
5904.6
1742.2
6732.4
1077.2
19075.2
5.2
675.8
2993.9
5572.8
1786.4
6898.3
1142.9
20410.7
5.2
599.5
3956.0
5726.4
1801.2
7108.7
1213.7
21628.3
5.2
592.2
4253.0
5993.4
1939.4
7591.1
1254.1
109
110
111
112
113
114
115
116
117
118
119
Loans
Short term
Long term (mortgages)
14483.8
5496.2
8987.7
16066.5
5854.4
10212.1
18021.3
6393.6
11627.7
20011.7
6960.6
13051.2
22345.0
8212.5
14132.6
23965.9
9756.3
14209.6
21184.5
7274.3
13910.2
20180.2
6875.3
13304.9
20026.7
7039.7
12987.0
20393.4
7642.2
12751.1
117
118
119
120
121
122
123
124
125
126
127
12011.3
8094.3
1452.0
613.7
37.7
309.4
8.8
1495.4
13846.9
9430.8
1670.8
502.1
40.1
403.8
11.9
1787.3
15312.0
10330.4
2001.4
518.1
42.0
446.0
13.5
1960.6
17191.6
11471.4
2345.9
613.1
42.0
507.4
15.3
2196.5
19166.3
12514.6
2527.4
935.8
50.3
660.2
18.5
2459.6
14046.3
7629.8
1676.0
1252.4
45.0
737.4
21.1
2684.6
17443.8
9942.4
2226.2
1075.7
45.0
832.3
25.6
3296.6
19039.6
11437.0
2515.8
907.3
41.7
870.7
26.5
3240.6
18405.6
10826.1
2459.1
847.4
35.5
867.5
26.9
3343.0
21010.1
12472.9
2805.2
839.9
33.5
941.3
27.4
3889.9
120
121
122
123
124
125
126
127
128
1896.2
2107.5
2112.2
2156.2
2255.8
4010.1
3845.9
4173.2
4514.8
4461.8
128
129
2511.7
2685.4
2820.3
3435.8
3629.1
3746.0
3561.6
3383.2
3646.4
3755.6
129
130
46390.6
50833.2
55116.4
60823.5
66729.0
67473.1
68750.2
69655.0
71374.2
75637.6
130
47187.0
51780.3
55896.6
61904.0
66638.3
65796.3
67251.1
68711.4
70174.2
74743.9
131
6839.1
7477.1
8095.4
8712.3
9248.2
11420.9
11654.6
11995.6
13427.9
14015.2
132
10158.2
5944.5
3279.3
934.4
10979.0
6060.3
3962.7
956.0
11963.9
6140.7
4653.0
1170.2
13254.1
6468.9
5421.6
1363.5
14887.5
7374.6
6260.9
1252.1
15247.6
8143.4
5977.9
1126.3
14479.0
8083.3
5717.5
678.2
13471.8
7574.0
5321.8
576.0
13057.1
7552.1
4997.1
507.9
12965.2
7529.7
4986.4
449.1
133
134
135
136
2813.2
2707.3
105.9
3122.1
2990.7
131.4
3546.9
3401.4
145.5
4114.9
3962.9
152.1
4716.9
4560.2
156.7
4639.2
4475.7
163.5
3691.1
3524.2
166.9
3226.8
3059.7
167.1
3211.1
3035.0
176.2
3278.8
3087.0
191.8
137
138
139
131
Liabilities
132
133
134
135
136
Debt securities
Agency- and GSE-backed securities (2)
Corporate bonds
Commercial paper
137
138
139
Loans
Short term
Long term (mortgages)
140
141
142
143
144
145
146
147
148
12194.3
2004.4
3713.9
4652.9
42.3
275.7
13.0
1483.4
8.8
13793.2
1868.0
4291.1
5433.0
44.8
329.9
11.2
1803.4
11.9
15146.2
1993.1
4631.9
6045.6
46.7
353.2
11.7
2050.4
13.5
17537.2
2296.3
5408.0
7065.0
46.9
427.8
9.8
2268.1
15.3
18355.7
3033.0
4602.2
7822.6
56.0
380.4
12.6
2430.5
18.5
15111.2
3757.3
2875.4
5388.0
51.8
343.5
10.7
2663.5
21.1
17501.1
3258.6
3578.1
6920.7
51.8
407.0
14.8
3244.5
25.6
18677.3
2755.4
4294.5
7873.0
49.0
489.6
15.9
3173.4
26.5
18497.4
2642.5
4085.9
7870.9
43.1
560.4
13.1
3254.6
26.9
21425.6
2649.6
4936.0
9323.6
41.2
576.6
18.6
3852.6
27.4
140
141
142
143
144
145
146
147
148
149
13315.5
14559.6
15525.7
16603.8
17445.3
16499.2
17817.3
19423.6
19921.8
20941.1
149
150
1866.8
1849.3
1618.5
1681.8
1984.6
2878.2
2108.0
1916.3
2058.8
2118.0
150
-796.4
-947.1
-780.2
-1080.5
90.6
1676.8
1499.2
943.6
1200.0
893.7
151
151
Integrated Accounts
2003
Net worth
Notes. Financial business includes depository institutions, insurance companies and pension funds, monetary authority, and other financial institutions.
Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.
(1) Consists of rental income of tenant-occupied housing and proprietors income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;
they primarily cover their operating costs through sales, and they keep a complete set of financial records.
(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,
the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.
(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy
reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.
(4) Excludes land. Includes corporate and noncorporate financial business.
SDRs Special Drawing Rights
143
2004
2005
2006
2007
2008
2009
2010
2011
2012
Current account
1
498.1
525.8
552.7
577.6
605.4
637.6
668.8
704.5
719.7
716.7
170.3
178.6
189.4
200.7
212.8
226.3
234.5
245.3
256.5
262.3
3
4
5
6
7
327.8
321.1
234.8
86.3
6.7
347.2
342.3
249.9
92.4
4.9
363.3
362.4
263.5
98.9
0.9
376.9
375.1
271.7
103.5
1.8
392.6
390.5
283.3
107.3
2.0
411.3
410.4
296.7
113.7
0.8
434.3
433.5
312.2
121.3
0.7
459.1
462.2
328.5
133.7
-3.1
463.2
470.5
331.7
138.9
-7.3
454.5
467.9
328.0
139.9
-13.4
3
4
5
6
7
8
9
10
11
12
13
14
15
16
-221.2
6.7
90.2
-49.0
23.5
16.5
0.0
7.0
292.6
-226.6
4.9
95.2
-46.0
25.3
16.6
0.1
8.7
306.1
-277.4
0.9
99.4
-60.5
27.2
17.3
0.2
9.7
344.4
-293.5
1.8
99.2
-51.1
29.0
18.8
0.3
9.9
372.3
-325.6
2.0
94.6
-47.5
33.4
22.1
0.2
11.1
408.2
-308.9
0.8
94.0
-49.6
33.9
19.5
0.6
13.8
388.0
-269.9
0.7
91.4
-56.9
48.5
22.8
18.7
7.0
353.6
-286.6
-3.1
96.8
-54.3
54.6
29.5
17.0
8.0
380.6
-323.2
-7.3
108.6
-59.4
57.4
28.5
18.8
10.1
422.6
-320.0
-13.4
118.0
-56.8
52.9
22.2
21.1
9.6
420.6
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
-221.2
980.8
763.2
973.1
25.5
350.3
-226.6
1058.8
808.9
1025.5
29.0
363.0
-277.4
1285.2
853.4
1090.9
32.0
384.2
-293.5
1459.2
905.7
1196.7
36.8
375.8
-325.6
1542.5
947.2
1272.2
41.0
401.3
-308.9
1354.1
974.4
1407.4
48.6
416.0
-269.9
1072.4
950.8
1624.9
66.2
510.7
-286.6
1208.2
970.9
1726.6
64.4
555.9
-323.2
1387.5
904.3
1745.3
66.1
529.0
-320.0
1518.0
937.8
1790.5
49.7
493.1
17
18
19
20
21
22
23
24
224.9
628.5
281.6
681.4
418.0
723.4
535.8
763.9
531.6
798.4
244.7
879.8
-316.1
933.7
-325.6
1003.9
-239.6
1008.7
-98.0
1011.7
23
24
25
-403.5
-399.8
-305.4
-228.1
-266.7
-635.1
-1249.8
-1329.5
-1248.3
-1109.7
25
-444.6
-403.5
41.1
-439.1
-399.8
39.3
-365.8
-305.4
60.3
-271.3
-228.1
43.2
-319.7
-266.7
53.0
-752.7
-635.1
117.6
-1436.1
-1249.8
186.3
-1455.9
-1329.5
126.3
-1362.0
-1248.3
113.8
-1194.3
-1109.7
84.7
26
27
28
25.1
31.6
31.5
22.9
35.3
29.1
40.6
53.7
38.0
20.4
29
196.4
170.3
-0.9
211.0
178.6
-0.8
222.9
189.4
-2.0
238.0
200.7
-14.4
251.4
212.8
-3.3
275.8
226.3
-20.4
284.0
234.5
-8.9
300.0
245.3
-1.0
295.4
256.5
-0.9
284.0
262.3
-1.4
30
31
32
-469.8
-470.7
-397.3
-294.2
-354.9
-781.8
-1476.7
-1509.5
-1400.1
-1214.8
33
-469.8
-470.7
-397.3
-294.2
-354.9
-781.8
-1476.7
-1509.5
-1400.1
-1214.8
34
35.1
5.3
30.8
-14.4
0.6
580.0
237.8
285.5
-152.1
114.0
35
-0.6
0.0
-0.6
0.4
-0.0
0.4
-4.5
0.0
-4.5
0.2
0.0
0.2
0.2
0.0
0.2
0.1
0.0
0.1
48.2
0.0
48.2
0.0
0.0
0.0
-1.8
0.0
-1.8
0.0
0.0
0.0
36
37
38
-16.9
0.3
-1.5
9.3
-25.2
0.2
-34.6
0.3
-3.8
-31.0
-0.0
-0.0
-0.9
0.3
-10.2
12.2
-1.0
-2.2
-5.5
0.4
-3.3
-2.7
0.2
-0.0
25.7
0.5
-1.0
25.1
1.2
-0.1
316.0
0.6
3.5
313.1
-1.3
0.0
-170.0
0.3
3.4
-174.2
0.3
0.2
150.6
0.3
1.3
148.9
0.1
0.1
-240.0
-0.2
18.2
-257.6
-0.3
-0.1
11.0
0.2
4.0
6.7
0.2
-0.1
39
40
41
42
43
44
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
54.4
54.4
0.0
142.5
142.0
0.6
-46.9
-47.2
0.3
-118.2
-118.1
-0.1
-31.3
-31.1
-0.2
45
46
47
-2.6
-0.1
1.9
-2.0
-2.5
2.3
0.7
3.7
-3.0
1.6
-0.9
-3.3
3.7
-7.0
2.4
5.9
2.2
1.6
0.6
3.7
6.9
4.8
7.0
-2.2
2.1
39.0
25.5
19.5
6.0
13.5
166.5
154.0
87.9
66.0
12.6
134.9
136.7
133.1
3.5
-1.8
140.1
136.0
131.2
4.8
4.0
133.5
131.8
129.4
2.5
1.7
48
49
50
51
52
1.4
0.0
1.4
0.0
0.0
2.0
0.0
2.0
0.0
0.0
1.3
0.0
1.3
0.0
0.0
2.0
0.0
2.0
0.0
0.0
1.7
0.0
1.7
0.0
0.0
257.7
256.3
1.4
0.0
0.0
3.4
0.6
1.7
0.0
1.2
30.4
24.1
2.3
0.0
4.0
43.5
40.3
2.6
0.0
0.7
-10.7
-13.2
2.4
0.0
0.0
53
54
55
56
57
Capital account
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
Debt securities
Agency- and GSE-backed securities
Corporate and foreign bonds
48
49
50
51
52
Loans
Short term
Consumer credit
Other loans and advances
Long term (mortgages)
53
54
55
56
57
Integrated Accounts
Financial account
144
58
59
60
61
62
2004
2005
2006
2007
2008
2009
2010
2011
2012
53.8
19.1
34.4
0.4
35.1
10.5
23.3
1.4
35.8
9.2
26.0
0.6
-17.1
-11.6
-6.5
1.0
-33.8
1.2
-35.4
0.4
-87.2
4.2
-62.0
-29.4
47.1
-21.1
35.9
32.3
16.5
-0.7
27.1
-9.8
24.2
4.8
20.8
-1.3
11.4
2.9
11.9
-3.5
58
59
60
61
566.0
479.4
453.6
296.0
391.2
1369.0
1536.1
1697.8
1200.7
1242.5
62
63
SDR allocations
0.0
0.0
0.0
0.0
0.0
0.0
47.6
0.0
0.0
0.0
63
64
0.6
0.7
0.8
0.6
-0.7
-0.8
-0.4
-0.3
0.0
0.0
64
65
66
67
68
69
Debt securities
SDR certificates
Treasury securities including savings bonds
Federal agency securities
Nonmarketable securities held by pension plans
420.7
0.0
398.4
-2.4
24.7
402.8
0.0
362.5
-0.6
40.9
346.9
0.0
307.3
-0.4
40.0
219.1
0.0
183.7
-0.3
35.8
270.4
0.0
237.5
-0.4
33.3
1302.5
0.0
1239.0
0.2
63.3
1508.8
3.0
1443.7
0.1
61.9
1645.9
0.0
1579.6
0.7
65.7
1138.7
0.0
1066.8
1.1
70.8
1180.6
0.0
1140.6
-0.4
40.4
65
66
67
68
69
70
Loans (mortgages)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
70
71
72
73
74
75.6
1.1
19.6
54.9
59.5
1.1
17.4
41.0
67.2
1.1
23.0
43.1
64.5
1.5
18.1
44.9
92.7
1.2
43.9
47.7
45.1
1.0
26.5
17.6
33.3
1.1
16.6
15.6
43.5
0.9
22.5
20.2
39.1
1.3
18.5
19.2
61.9
0.3
13.3
48.2
71
72
73
74
75
76
77
69.1
71.7
-2.6
16.4
15.4
1.0
38.7
33.7
5.0
11.8
6.2
5.6
28.7
29.3
-0.6
22.2
22.6
-0.3
-53.2
-56.2
2.9
8.7
6.3
2.4
22.9
9.3
13.6
0.0
8.3
-8.3
75
76
77
-530.9
-474.1
-422.8
-310.4
-390.6
-789.0
-1298.3
-1412.4
-1352.7
-1128.5
78
-94.4
0.0
-33.3
61.1
-27.7
0.0
-24.2
3.5
-46.3
0.5
-21.2
25.5
31.3
0.0
47.4
16.1
10.8
0.0
46.5
35.7
87.8
0.0
95.0
7.2
122.4
0.0
-55.9
-178.4
-20.7
0.0
-117.9
-97.1
49.8
0.0
2.5
-47.3
72.3
0.0
-13.9
-86.2
79
80
81
82
45.2
25.3
4.0
16.0
114.8
91.6
10.9
12.2
116.8
94.1
7.3
15.4
116.4
95.2
10.4
10.8
93.0
60.7
7.6
24.8
69.0
44.0
11.8
13.2
-36.0
-48.4
8.6
3.8
61.3
18.1
5.0
38.2
63.3
46.6
11.0
5.7
41.2
34.7
5.5
0.9
83
84
85
86
78
Addendum:
Net lending (+) or borrowing (-), financial account (lines 35-62)
Revaluation account
83
84
85
86
Nonfinancial assets
Structures
Equipment
Intellectual property products
87
88
89
90
91
Financial assets
Monetary gold and SDRs
Currency and deposits
Corporate equities
Equity investment under Public-Private Inv. Program
3.1
1.1
2.1
0.0
0.0
1.3
0.5
0.8
0.0
0.0
-2.1
-0.9
-1.2
0.0
0.0
0.8
0.4
0.3
0.0
0.0
0.7
0.5
0.2
0.0
0.0
-67.9
-0.2
-0.0
-67.7
0.0
-121.6
0.2
0.3
-121.9
-0.3
-43.7
-1.0
-0.2
-41.5
-1.0
-40.5
-0.1
-7.8
-32.4
-0.2
-9.0
0.1
-4.3
-4.7
-0.1
87
88
89
90
91
92
93
Liabilities
SDR allocations
0.6
0.6
0.3
0.3
-0.6
-0.6
0.4
0.4
0.4
0.4
-0.2
-0.2
0.2
0.2
-1.0
-1.0
-0.2
-0.2
0.1
0.1
92
93
94
47.7
115.7
115.3
116.8
93.3
1.2
-157.9
18.5
23.0
32.1
94
-491.3
-351.1
-296.8
-123.3
-215.6
-663.6
-1471.6
-1458.1
-1289.2
-1089.9
95
2790.1
2917.7
3070.2
3238.1
3415.2
4121.6
4229.2
4569.8
4466.7
4627.5
96
2130.4
999.1
474.9
656.3
2277.1
1088.2
498.3
690.6
2426.5
1176.5
520.7
729.3
2579.8
1266.6
550.7
762.4
2711.3
1325.4
576.7
809.3
2829.2
1369.8
616.2
843.2
2842.1
1326.1
649.8
866.2
2957.5
1352.5
680.9
924.1
3059.2
1404.1
709.6
945.5
3121.6
1435.6
730.5
955.5
97
98
99
100
659.7
640.6
643.7
658.3
703.9
1292.4
1387.1
1612.3
1407.5
1505.9
101
12.6
0.0
12.6
13.6
0.0
13.6
8.2
0.0
8.2
8.9
0.0
8.9
9.5
0.0
9.5
9.3
0.0
9.3
57.8
0.0
57.8
56.8
0.0
56.8
55.0
0.0
55.0
55.1
0.0
55.1
102
103
104
96
Total assets
Integrated Accounts
97
98
99
100
101
102
103
104
145
105
106
107
108
109
110
111
112
113
Debt securities
Agency- and GSE-backed securities
Corporate and foreign bonds
114
115
116
117
118
Loans
Short term
Consumer credit
Other loans and advances
Long term (mortgages)
119
120
121
122
123
124
125
126
127
128
129
2005
2006
2007
2008
2009
2010
2011
2012
101.8
19.9
22.7
54.1
2.4
2.8
68.0
21.4
19.6
21.9
2.4
2.8
65.9
18.9
8.1
36.8
1.4
0.6
60.8
20.5
5.2
32.9
1.7
0.6
86.7
22.5
4.4
56.5
2.8
0.5
402.7
24.8
7.8
368.0
1.6
0.5
233.0
25.2
11.5
193.6
1.9
0.7
383.4
26.0
12.6
342.1
2.0
0.8
135.6
25.8
23.0
84.3
1.7
0.7
142.4
24.9
22.8
92.0
2.0
0.7
105
106
107
108
109
110
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
54.4
54.4
0.0
197.0
196.4
0.6
150.1
149.2
0.9
31.9
31.1
0.8
0.6
0.0
0.6
111
112
113
272.4
199.8
82.4
117.5
72.6
274.7
200.5
86.1
114.4
74.2
273.8
197.2
89.8
107.4
76.6
296.9
216.6
108.7
108.0
80.3
303.8
221.4
115.7
105.8
82.4
342.8
247.0
135.1
111.8
95.8
509.3
400.9
223.1
177.9
108.4
644.2
537.6
356.2
181.4
106.6
784.3
673.7
487.4
186.3
110.6
917.8
805.5
616.8
188.7
112.3
114
115
116
117
118
40.0
0.0
40.0
0.0
0.0
42.0
0.0
42.0
0.0
0.0
43.2
0.0
43.2
0.0
0.0
45.3
0.0
45.3
0.0
0.0
46.9
0.0
46.9
0.0
0.0
237.0
188.7
48.3
0.0
0.0
118.2
67.4
50.0
0.0
0.9
106.1
49.9
52.3
0.0
3.8
117.0
57.8
54.9
0.0
4.4
101.5
39.9
57.3
0.0
4.4
119
120
121
122
123
232.8
51.3
93.7
87.9
242.3
61.8
91.2
89.3
252.5
71.0
91.6
89.9
246.5
59.4
96.1
91.0
257.0
60.6
105.0
91.4
246.2
64.7
119.4
62.0
271.8
43.6
133.9
94.3
271.7
42.9
144.3
84.5
283.7
47.7
152.8
83.2
288.5
50.6
158.1
79.8
124
125
126
127
2790.1
2917.7
3070.2
3238.1
3415.2
4121.6
4229.2
4569.8
4466.7
4627.5
128
6442.4
6921.2
7370.4
7661.6
8054.2
9424.3
11003.5
12802.1
13988.2
15238.9
129
7.3
7.6
7.0
7.4
7.7
7.5
55.4
54.4
54.2
54.3
130
26.0
26.7
27.5
28.1
27.4
26.6
26.2
25.9
25.9
25.9
131
4850.2
2.2
4008.2
24.9
815.0
5253.1
2.2
4370.7
24.3
855.9
5587.0
2.2
4678.0
23.8
882.9
5806.1
2.2
4861.7
23.5
918.7
6076.5
2.2
5099.2
23.1
952.0
7379.0
2.2
6338.2
23.3
1015.3
8887.8
5.2
7781.9
23.5
1077.2
10533.8
5.2
9361.5
24.2
1142.9
11672.5
5.2
10428.3
25.3
1213.7
12853.0
5.2
11568.9
24.9
1254.1
132
133
134
135
136
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
137
1399.4
40.5
35.0
1324.0
1459.1
41.6
52.4
1365.2
1540.9
42.7
75.4
1422.8
1606.0
44.2
93.5
1468.3
1699.5
45.4
137.3
1516.8
1746.1
46.4
163.8
1535.8
1825.5
47.5
180.4
1597.6
1973.5
48.4
202.9
1722.2
2012.2
49.7
221.4
1741.1
2074.4
50.0
234.8
1789.6
138
139
140
141
159.5
153.6
5.8
174.6
169.0
5.6
208.1
202.7
5.4
214.0
208.9
5.1
243.1
238.2
4.9
265.1
260.8
4.3
208.6
204.6
4.0
214.5
210.9
3.6
223.4
220.2
3.2
231.3
228.5
2.8
142
143
144
-3652.3
-4003.4
-4300.2
-4423.5
-4639.0
-5302.7
-6774.2
-8232.3
-9521.5
-10611.4
145
Liabilities
130
SDR allocations
131
132
133
134
135
136
Debt securities
SDR certificates
Treasury securities including savings bonds
Federal agency securities
Nonmarketable securities held by pension plans
137
Loans (mortgages)
138
139
140
141
142
143
144
145
2004
Net worth
Integrated Accounts
Note. The Federal government accounts exclude Federal employee retirement funds
(1) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,
the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.
(2) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy
reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.
(3) Excludes land and nonproduced nonfinancial assets.
IMF International Monetary Fund
SDRs Special Drawing Rights
146
2004
2005
2006
2007
2008
2009
2010
2011
2012
1077.2
1137.7
1191.7
1250.3
1318.5
1385.2
1419.4
1454.2
1468.0
1491.9
Current account
1
134.5
143.8
157.3
170.3
186.6
200.2
208.2
212.7
221.7
231.4
3
4
5
6
7
942.6
945.4
678.5
266.9
-2.8
993.9
1000.6
702.7
297.9
-6.7
1034.4
1041.8
728.0
313.7
-7.3
1080.0
1091.1
763.3
327.8
-11.1
1131.9
1150.4
805.6
344.9
-18.5
1185.0
1207.1
847.4
359.7
-22.0
1211.3
1232.6
862.9
369.7
-21.4
1241.5
1261.3
862.6
398.7
-19.8
1246.3
1262.8
862.8
400.0
-16.5
1260.6
1274.8
869.3
405.5
-14.3
3
4
5
6
7
8
9
10
11
12
13
14
15
16
673.5
-2.8
717.8
-0.1
73.8
64.5
1.7
7.6
115.2
728.0
-6.7
768.7
-0.4
76.8
66.4
2.0
8.5
110.5
804.2
-7.3
835.1
-0.4
88.6
76.8
2.0
9.8
111.8
868.3
-11.1
892.7
-0.4
107.2
94.7
2.1
10.4
120.1
910.7
-18.5
940.0
-7.1
117.9
104.2
2.2
11.5
121.5
901.6
-22.0
947.9
-3.0
105.7
91.0
2.6
12.1
127.0
811.0
-21.4
934.8
-1.4
87.8
74.4
2.1
11.2
188.8
829.5
-19.8
960.4
-1.6
82.6
69.1
2.3
11.2
192.1
858.5
-16.5
988.5
-0.5
80.0
66.3
2.3
11.4
192.9
857.7
-14.3
1004.9
-0.5
78.5
64.2
2.4
11.9
211.0
8
9
10
11
12
13
14
15
16
17
18
19
20
21
673.5
260.8
19.9
353.6
405.0
728.0
289.2
24.7
385.0
422.4
804.2
331.4
24.6
406.6
436.4
868.3
361.7
21.5
403.9
438.9
910.7
381.4
18.9
433.3
460.9
901.6
381.0
18.7
455.4
477.8
811.0
333.4
18.6
492.6
566.1
829.5
345.3
18.1
523.8
612.0
858.5
377.7
18.3
532.0
581.8
857.7
400.2
17.5
544.3
552.6
17
18
19
20
21
22
1005.7
1079.2
1190.0
1286.5
1338.6
1323.7
1236.4
1281.0
1304.3
1283.7
22
23
1127.1
1187.6
1256.6
1325.9
1411.4
1488.7
1508.4
1518.3
1517.4
1536.4
23
24
-121.4
-108.4
-66.6
-39.4
-72.7
-165.1
-271.9
-237.3
-213.1
-252.7
24
-69.5
-121.4
-52.0
-60.4
-108.4
-48.0
-16.2
-66.6
-50.4
18.4
-39.4
-57.8
-13.4
-72.7
-59.3
-101.8
-165.1
-63.2
-204.2
-271.9
-67.7
-160.6
-237.3
-76.7
-139.2
-213.1
-73.9
-178.6
-252.7
-74.1
25
26
27
145.8
145.0
143.5
155.0
167.9
172.5
167.2
149.7
125.7
113.8
28
268.9
134.5
11.4
277.5
143.8
11.3
290.8
157.3
10.0
314.3
170.3
11.0
340.8
186.6
13.6
358.8
200.2
13.8
363.0
208.2
12.3
351.9
212.7
10.6
337.2
221.7
10.1
334.9
231.4
10.2
29
30
31
-215.2
-205.4
-159.7
-136.6
-181.2
-274.3
-371.4
-310.3
-264.8
-292.4
32
-215.2
-205.4
-159.7
-136.6
-181.2
-274.3
-371.4
-310.3
-264.8
-292.4
33
Capital account
25
26
27
28
29
30
31
32
Integrated Accounts
Financial account
33
34
70.6
171.0
253.3
204.5
237.2
-101.6
10.0
58.4
-58.7
-52.6
34
35
36
37
27.3
7.0
20.3
4.2
-3.5
7.7
19.0
15.8
3.2
22.3
5.4
16.9
33.0
-0.2
33.3
27.3
8.5
18.8
28.4
19.2
9.3
-1.3
5.6
-6.9
31.1
16.6
14.4
11.3
-8.9
20.3
35
36
37
38
39
40
41
42
43
Debt securities
Open market paper
Treasury securities
Agency- and GSE-backed securities (1)
Municipal securities
Corporate and foreign bonds
23.3
-0.6
7.2
12.2
0.5
4.0
96.5
2.9
43.4
37.2
1.1
12.0
154.4
-0.3
107.0
35.2
1.2
11.4
110.0
-1.4
58.3
39.0
1.4
12.6
134.9
-2.4
77.2
44.2
1.6
14.3
-88.6
-21.6
-45.4
-16.9
0.5
-5.2
-42.2
-39.1
-17.3
9.8
1.0
3.3
50.7
12.9
6.8
22.3
1.4
7.4
-75.8
-11.1
-46.5
-14.0
0.0
-4.4
-54.9
-5.1
-11.8
-28.2
-0.7
-9.0
38
39
40
41
42
43
44
45
46
Loans
Short term
Long term (mortgages)
6.8
1.7
5.0
22.2
7.2
15.0
19.9
5.5
14.4
21.8
5.7
16.1
24.4
6.1
18.3
-17.1
-11.7
-5.4
0.7
-4.3
5.0
8.6
-1.4
10.0
-11.8
-6.8
-5.0
-17.9
-6.7
-11.2
44
45
46
47
48
49
50
-4.6
4.9
-7.8
-1.6
21.7
12.8
5.4
3.5
21.2
13.5
4.3
3.4
23.8
15.4
4.5
3.9
27.1
17.8
4.9
4.4
-5.1
3.0
-7.6
-0.5
9.2
9.8
-2.3
1.7
16.2
13.7
-0.3
2.8
-5.8
-0.5
-4.5
-0.8
-15.7
-8.5
-4.8
-2.5
47
48
49
50
51
52
53
54
17.8
-1.9
0.8
18.9
26.3
8.5
12.9
4.9
38.6
17.4
14.3
6.9
26.6
8.9
12.1
5.7
17.7
7.8
3.0
6.9
-18.2
-15.4
5.6
-8.4
13.9
-4.6
-5.9
24.4
-15.8
13.1
0.7
-29.6
3.7
1.9
2.3
-0.4
24.6
8.5
1.3
14.9
51
52
53
54
147
55
56
57
58
59
60
61
62
Addendum:
Net lending (+) or borrowing (-), financial account (lines 34-55)
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
268.1
329.0
230.8
214.0
306.7
233.1
445.0
377.3
272.7
200.8
55
120.5
10.4
110.1
178.5
22.2
156.3
141.1
-1.7
142.8
100.3
-8.2
108.5
146.0
16.8
129.2
17.1
4.6
12.5
112.2
7.8
104.4
68.7
-0.7
69.3
-53.6
-10.6
-42.9
-5.7
3.8
-9.4
56
57
58
0.1
0.3
0.6
0.6
0.7
0.8
0.8
0.9
0.9
0.4
59
118.8
120.3
57.2
78.8
123.2
176.5
293.1
269.3
287.0
167.0
60
28.8
30.0
31.9
34.3
36.7
38.6
38.9
38.5
38.4
39.1
61
-197.5
-158.1
22.4
-9.5
-69.5
-334.6
-435.0
-318.9
-331.4
-253.4
62
339.6
0.0
321.8
-17.7
-698.6
0.0
-746.0
-47.4
215.1
10.7
22.2
-182.2
318.3
0.0
191.1
-127.1
220.7
0.0
109.0
-111.7
-982.4
0.0
-922.1
60.3
361.7
0.0
425.3
63.7
32.5
0.0
41.2
8.6
-56.3
0.0
10.3
66.6
315.5
7.6
269.0
-39.0
63
64
65
66
Revaluation account
67
68
69
70
Nonfinancial assets
Structures
Equipment
Intellectual property products
91.5
91.5
-0.6
0.6
504.5
501.0
2.6
0.9
473.4
472.2
0.4
0.8
605.0
602.7
1.1
1.1
460.9
457.9
0.6
2.4
411.4
403.0
6.6
1.8
-105.2
-104.3
-1.1
0.3
175.7
171.9
2.4
1.4
392.5
386.1
4.6
1.9
225.4
225.3
-1.3
1.3
67
68
69
70
71
29.0
11.8
5.4
16.9
5.2
-61.0
33.4
21.6
1.8
18.0
71
72
120.5
516.3
478.9
621.8
466.0
350.5
-71.7
197.3
394.3
243.4
72
390.6
-242.7
677.7
958.4
673.4
-733.8
85.7
69.3
198.8
380.3
73
74
6900.4
7721.5
8576.4
9546.8
10404.2
10811.9
10904.9
11299.5
11750.2
12036.8
74
75
76
77
78
Total assets
Nonfinancial assets (3)
Structures
Equipment
Intellectual property products
5024.4
4760.4
196.6
67.5
5662.8
5388.1
203.3
71.4
6259.0
5976.8
206.9
75.3
7008.0
6715.1
212.7
80.2
7623.1
7314.8
221.5
86.9
8193.3
7863.3
236.4
93.6
8243.0
7903.6
240.9
98.5
8557.5
8207.7
245.4
104.4
9065.2
8703.7
250.8
110.7
9386.3
9020.8
249.8
115.7
75
76
77
78
79
Financial assets
1876.0
2058.8
2317.5
2538.8
2781.1
2618.6
2661.9
2741.9
2685.0
2650.4
79
80
81
82
212.8
53.8
159.0
217.0
50.4
166.7
236.1
66.2
169.9
258.4
71.6
186.8
291.4
71.4
220.0
318.8
79.9
238.9
347.2
99.1
248.1
345.9
104.6
241.3
377.0
121.3
255.7
407.4
117.7
289.8
80
81
82
83
84
85
86
87
88
Debt securities
Open market paper
Treasury securities
Agency- and GSE-backed securities (1)
Municipal securities
Corporate and foreign bonds
966.3
150.7
361.9
341.0
4.5
108.1
1062.8
153.6
405.3
378.2
5.7
120.1
1217.2
153.3
512.3
413.3
6.9
131.5
1327.2
151.9
570.6
452.4
8.3
144.1
1462.2
149.5
647.8
496.6
10.0
158.4
1373.6
127.9
602.4
479.7
10.4
153.2
1331.4
88.8
585.1
489.5
11.5
156.5
1382.1
101.7
591.9
511.8
12.8
163.9
1306.3
90.6
545.4
497.8
12.9
159.5
1251.4
85.5
533.6
469.6
12.1
150.5
83
84
85
86
87
88
89
90
91
Loans
Short term
Long term (mortgages)
246.7
117.3
129.4
268.9
124.5
144.5
288.9
130.0
158.9
310.7
135.7
175.0
335.0
141.8
193.2
317.9
130.1
187.8
318.6
125.9
192.8
327.2
124.5
202.7
315.4
117.6
197.8
297.5
111.0
186.6
89
90
91
92
93
94
95
186.6
63.6
93.5
29.5
220.0
76.4
107.8
35.8
246.7
89.9
116.1
40.7
287.3
105.3
132.9
49.1
319.6
123.1
141.6
54.9
253.5
126.1
91.1
36.3
296.1
135.9
111.8
48.4
333.9
149.6
126.0
58.3
329.9
149.2
122.7
58.0
332.1
140.7
129.7
61.7
92
93
94
95
96
97
98
99
263.6
116.6
74.9
72.2
290.0
125.0
86.2
78.7
328.6
142.5
101.6
84.6
355.2
151.3
112.9
91.0
372.9
159.1
115.7
98.1
354.7
143.7
117.9
93.1
368.6
139.1
111.1
118.4
352.8
152.2
104.7
95.9
356.5
154.1
110.0
92.4
362.0
162.5
112.3
87.2
96
97
98
99
100
6900.4
7721.5
8576.4
9546.8
10404.2
10811.9
10904.9
11299.5
11750.2
12036.8
100
2144.8
3208.7
3385.8
3397.8
3581.8
4723.3
4730.6
5055.8
5307.8
5214.0
101
101
Liabilities
Integrated Accounts
148
102
103
104
105
106
107
108
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
1558.8
106.1
1452.7
2438.2
44.2
2393.9
2579.2
42.5
2536.7
2679.6
34.3
2645.2
2825.6
51.2
2774.4
2842.7
55.8
2786.9
2954.9
63.6
2891.3
3023.6
63.0
2960.6
2970.0
52.3
2917.6
2964.3
56.1
2908.2
102
103
104
9.7
10.0
10.6
11.2
11.9
12.7
13.5
14.4
15.3
15.7
105
156.3
310.5
314.0
190.8
191.4
1276.3
1131.7
1348.9
1615.1
1487.5
106
420.0
450.0
482.0
516.2
553.0
591.6
630.5
669.0
707.4
746.5
107
4755.6
4512.8
5190.6
6149.0
6822.4
6088.6
6174.3
6243.6
6442.4
6822.7
108
Integrated Accounts
Note. The state and local government accounts exclude state and local employee retirement funds
(1) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,
the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.
(2) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy
reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.
(3) Excludes land and nonproduced nonfinancial assets.
149
2004
2005
2006
2007
2008
2009
2010
2011
2012
Current account
1
2
3
4
1913.0
1544.3
288.1
80.7
2256.2
1797.9
361.4
96.9
2623.3
2026.1
482.3
114.9
2998.4
2240.9
655.7
101.7
3250.3
2375.5
749.1
125.7
3378.4
2556.4
683.8
138.3
2608.7
1976.0
496.5
136.1
3018.1
2362.0
514.1
142.0
3360.9
2669.9
542.1
149.0
3453.5
2743.1
565.7
144.6
1
2
3
4
5
6
7
1399.5
1043.4
356.1
1634.6
1183.1
451.4
1886.1
1310.4
575.8
2202.7
1478.5
724.2
2541.3
1665.7
875.5
2699.9
1843.1
856.8
2227.5
1583.8
643.7
2563.5
1843.5
720.0
2904.0
2101.1
802.8
3014.5
2195.9
818.6
5
6
7
513.5
621.7
737.1
795.7
709.1
678.5
381.2
454.5
457.0
439.0
513.5
621.7
737.1
795.7
709.1
678.5
381.2
454.5
457.0
439.0
-2.2
2.8
12.8
-2.0
-0.4
5.4
-0.6
-0.7
-1.6
6.6
10
0.1
0.0
0.1
-0.1
0.5
-0.0
0.0
-0.0
-0.1
0.0
11
515.7
618.9
724.3
797.8
709.0
673.1
381.7
455.2
458.6
432.4
12
Capital account
9
Net saving
10
11
12
13
515.7
618.9
724.3
797.8
709.0
673.1
381.7
455.2
458.6
432.4
13
14
820.4
1398.6
1100.3
1854.1
1766.9
584.4
168.9
1173.7
1011.4
876.4
14
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
47.6
0.0
47.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
15
16
17
15
16
17
18
19
20
21
22
53.8
10.6
4.0
5.2
34.0
39.7
13.3
9.1
34.1
-16.8
28.9
8.4
6.4
6.7
7.3
54.8
2.2
9.2
11.5
31.9
-76.6
-10.7
5.2
40.3
-111.4
540.2
29.2
34.8
65.5
410.8
-322.7
12.6
-21.8
-43.1
-270.4
-1.7
28.3
1.2
16.9
-48.2
336.0
55.0
26.8
33.1
221.1
-36.7
57.1
11.0
46.4
-151.3
18
19
20
21
22
23
24
25
26
27
28
Debt securities
Open market paper
Treasury securities
Agency- and GSE-backed securities (1)
Municipal securities
Corporate bonds
583.6
66.2
276.4
12.3
8.0
220.8
848.1
37.0
366.9
178.2
6.5
259.5
720.7
9.9
245.1
134.3
3.0
328.5
967.4
46.7
150.3
224.0
5.4
541.0
841.1
-8.3
165.3
248.8
10.7
424.6
421.9
-45.1
711.6
-228.6
5.9
-21.8
167.5
-41.4
554.4
-226.0
7.7
-127.3
643.9
-0.5
740.4
-72.3
13.1
-36.8
205.7
0.7
357.9
-41.6
-1.4
-109.9
501.9
3.4
589.5
-71.8
-4.9
-14.4
23
24
25
26
27
28
29
30
31
32
86.0
86.9
-0.8
0.0
76.5
70.3
6.3
0.0
76.8
45.5
31.3
0.0
8.6
2.4
6.2
0.0
67.1
-35.2
102.3
0.0
-258.7
-214.0
-44.7
0.0
-190.3
-146.4
-44.0
0.0
-146.3
-126.1
-20.2
0.0
85.1
51.2
33.9
0.0
-89.8
-39.9
-49.9
0.0
29
30
31
32
33
34
35
36
37
97.7
2.6
5.2
26.2
63.8
207.8
4.1
25.0
32.7
146.0
201.9
0.1
56.9
32.3
112.6
388.6
4.1
96.2
45.2
243.2
496.8
19.0
217.6
39.1
221.2
436.9
23.7
105.8
-2.7
310.1
369.7
7.2
154.9
57.2
150.4
384.8
-7.1
74.6
111.5
205.9
363.9
-50.8
37.0
147.5
230.2
398.5
35.0
53.1
144.0
166.4
33
34
35
36
37
38
39
40
-0.8
1.3
-2.1
226.5
-1.1
227.5
72.0
7.9
64.1
434.7
5.9
428.8
438.5
20.8
417.7
-555.9
6.5
-562.4
97.1
6.6
90.5
293.1
19.8
273.3
20.7
17.7
3.0
102.5
11.5
91.1
38
39
40
289.4
863.2
386.5
1046.7
1149.3
-152.2
-62.0
735.8
460.9
430.1
41
41
42
SDR holdings
-0.6
0.4
-4.5
0.2
0.2
0.1
48.2
0.0
-1.8
0.0
42
43
44
45
46
47
35.2
0.6
-1.5
36.0
0.2
86.6
0.6
-3.8
89.9
-0.0
29.0
0.6
-10.2
40.8
-2.2
84.6
0.7
-3.3
87.2
-0.0
255.8
1.0
-1.0
256.0
-0.1
-389.5
1.3
3.5
-394.3
0.0
-106.5
0.7
3.4
-110.7
0.2
-7.4
0.5
1.3
-9.3
0.1
-28.8
-0.5
18.1
-46.3
-0.1
-25.8
0.4
4.0
-30.2
-0.1
43
44
45
46
47
48
49
50
Debt securities
Commercial paper
Bonds
47.6
18.9
28.7
155.0
69.2
85.8
103.1
38.6
64.5
326.2
98.4
227.8
149.4
-69.3
218.7
-229.8
-71.0
-158.8
222.7
59.4
163.3
57.2
-2.7
59.9
84.2
-53.5
137.7
90.1
27.9
62.2
48
49
50
51
52
53
54
55
-4.6
-2.1
-2.5
0.0
0.0
0.2
-3.6
3.8
0.0
0.0
9.9
-4.6
14.5
0.0
0.0
6.4
-7.4
13.8
0.0
0.0
44.9
-3.2
24.1
0.0
24.0
533.3
-1.5
5.1
0.0
529.7
-554.3
0.3
-11.2
0.0
-543.5
7.9
0.2
17.9
0.0
-10.2
130.3
1.4
29.2
0.0
99.7
-66.1
5.7
19.2
0.0
-90.9
51
52
53
54
55
Integrated Accounts
Financial account
150
56
57
58
59
60
61
62
63
64
Addendum:
Net lending, financial account (lines 14-41)
2004
2005
2006
2007
2008
2009
2010
2011
2012
313.1
118.0
1.4
149.6
44.1
377.4
84.8
2.0
316.2
-25.6
243.8
186.7
1.3
36.2
19.6
425.6
137.3
2.0
244.9
41.3
605.7
147.8
1.7
414.0
42.2
282.8
-38.5
1.4
329.1
-9.1
399.3
63.7
1.7
310.4
23.5
393.1
79.1
2.3
301.1
10.6
448.2
6.0
2.6
409.0
30.6
421.8
82.6
2.4
388.3
-51.5
56
57
58
59
60
-101.3
6.1
-107.4
243.5
3.5
240.0
5.1
6.3
-1.1
203.7
6.2
197.5
93.3
12.4
80.9
-349.2
-9.9
-339.3
-71.3
6.1
-77.4
284.9
25.8
259.1
-171.4
-32.2
-139.2
10.1
6.3
3.8
61
62
63
531.1
535.4
713.8
807.4
617.6
736.6
230.9
437.9
550.5
446.3
64
-115.2
-130.6
-15.4
-78.8
4.7
83.5
-271.2
-260.7
10.4
77.0
67.4
-9.6
-245.0
-153.7
91.3
-284.3
-347.8
-63.4
-463.5
-312.7
150.8
-203.5
-186.2
17.3
242.3
150.4
-91.9
64.3
50.4
-13.9
65
66
67
438.0
182.2
-53.9
382.5
264.3
-1610.5
492.7
612.5
434.1
610.6
68
0.6
0.3
-0.6
0.4
0.4
-0.2
0.2
-1.0
-0.2
0.1
69
Revaluation account
68
Financial assets
69
SDR allocations
70
71
72
73
Debt securities
Treasury securities
Agency- and GSE-backed securities
Corporate bonds
-49.7
-48.4
12.5
-13.8
-55.8
-66.9
41.7
-30.7
-195.4
-74.3
3.4
-124.4
34.8
-8.5
26.7
16.6
129.1
85.0
70.0
-26.0
-125.7
164.9
53.2
-343.8
76.2
-136.8
-26.0
239.1
144.7
47.9
1.4
95.5
298.3
190.2
38.1
70.0
127.0
-22.6
-4.2
153.8
70
71
72
73
74
75
76
77
487.0
447.8
21.9
17.3
237.7
205.0
17.0
15.8
142.1
77.5
14.0
50.6
347.3
312.8
29.6
4.9
134.8
145.6
18.5
-29.3
-1484.6
-1110.0
-116.0
-258.6
416.3
514.7
51.2
-149.6
468.7
410.9
38.2
19.6
136.0
36.0
74.3
25.7
483.5
392.5
79.6
11.4
74
75
76
77
78
771.2
558.0
642.1
964.8
1059.5
-2783.4
1372.2
821.8
-361.1
964.8
78
79
SDR holdings
1.1
0.5
-0.9
0.4
0.5
-0.2
0.2
-1.0
-0.1
0.1
79
80
81
82
83
84
7.4
5.3
2.1
0.0
0.0
3.1
2.4
0.8
0.0
0.0
-6.7
-5.5
-1.2
0.0
0.0
2.7
2.4
0.3
0.0
0.0
4.1
3.9
0.2
0.0
0.0
2.5
2.5
-0.0
0.0
0.0
0.6
0.3
0.3
0.0
0.0
0.9
1.0
-0.2
0.0
0.0
-7.5
0.3
-7.8
0.0
0.0
-6.6
-2.3
-4.3
0.0
0.0
80
81
82
83
84
85
137.5
30.2
-37.9
36.2
92.8
-191.0
169.7
101.0
70.9
138.5
85
86
87
88
625.3
587.4
37.9
524.0
396.2
127.8
687.6
570.6
117.0
925.5
873.9
51.5
962.1
771.2
190.9
-2594.7
-2461.0
-133.7
1201.6
1183.2
18.5
720.9
825.8
-104.9
-424.3
-404.8
-19.4
832.8
806.5
26.3
86
87
88
-333.3
-375.8
-695.9
-582.3
-795.3
1173.0
-879.5
-209.3
795.1
-354.2
89
67.2
164.4
-242.8
292.5
-331.3
1561.8
-961.3
42.4
1496.1
142.5
90
8851.6
10579.1
11599.4
14067.7
16037.6
15239.6
15806.9
17438.7
18953.8
20489.7
91
89
Liabilities
Integrated Accounts
91
92
SDR allocations
7.3
7.6
7.0
7.4
7.7
7.5
55.4
54.4
54.2
54.3
92
93
94
95
96
97
520.6
258.7
4.2
115.0
142.7
560.3
272.0
13.3
149.2
125.9
589.2
280.4
19.7
155.9
133.2
644.0
282.6
28.9
167.4
165.1
567.4
272.0
34.2
207.6
53.7
1107.7
301.1
69.0
273.1
464.5
785.0
313.8
47.2
230.0
194.0
783.3
342.1
48.4
246.9
145.9
1119.3
397.1
75.2
280.0
367.0
1082.5
454.2
86.2
326.4
215.7
93
94
95
96
97
98
99
100
101
102
103
Debt securities
Open market paper
Treasury securities
Agency- and GSE-backed securities (1)
Municipal securities
Corporate bonds
3711.1
192.8
1513.5
655.3
19.5
1330.0
4503.4
229.8
1813.6
875.2
26.0
1558.9
5028.8
239.6
1984.4
1012.9
29.0
1762.9
6030.9
286.3
2126.2
1263.6
34.4
2320.5
7001.1
278.1
2376.4
1582.4
45.1
2719.1
7297.3
232.9
3253.0
1406.9
51.0
2353.5
7541.0
191.5
3670.6
1154.9
58.7
2465.3
8329.6
191.0
4458.8
1084.0
71.7
2524.0
8833.5
191.7
5006.9
1080.6
70.3
2484.0
9462.4
195.2
5573.8
1004.7
65.4
2623.4
98
99
100
101
102
103
151
104
105
106
107
108
109
110
111
112
113
114
115
116
2004
2005
2006
2007
2008
2009
2010
2011
2012
240.4
115.4
125.0
0.0
316.9
185.7
131.2
0.0
393.8
231.2
162.5
0.0
533.4
364.6
168.8
0.0
609.5
338.4
271.1
0.0
341.3
114.9
226.4
0.0
213.5
31.0
182.5
0.0
66.2
-96.1
162.3
0.0
151.3
-44.9
196.1
0.0
61.5
-84.8
146.2
0.0
104
105
106
107
3420.5
18.8
1674.6
146.1
1581.0
3866.0
22.9
1904.6
195.8
1742.7
4210.0
23.0
2039.1
242.0
1906.0
4946.0
27.0
2448.1
316.8
2154.1
5577.6
46.0
2811.3
374.3
2345.9
4529.8
69.7
1807.1
255.6
2397.4
5315.9
76.9
2476.7
364.1
2398.2
6169.4
69.8
2962.2
513.8
2623.6
6729.9
79.5
3035.3
735.6
2879.5
7611.8
114.5
3480.8
959.2
3057.3
108
109
110
111
112
951.7
50.1
901.6
1324.8
49.0
1275.8
1370.7
56.9
1313.8
1906.1
62.8
1843.3
2274.2
83.6
2190.6
1955.9
90.1
1865.9
1896.2
96.7
1799.5
2035.9
116.4
1919.5
2065.6
134.2
1931.5
2217.1
145.6
2071.5
113
114
115
8851.6
10579.1
11599.4
14067.7
16037.6
15239.6
15806.9
17438.7
18953.8
20489.7
116
117
Total liabilities
6649.2
8212.3
9475.4
11651.2
13952.4
11592.7
13121.3
14710.8
14729.8
16123.2
117
118
SDR holdings
12.6
13.6
8.2
8.9
9.5
9.3
57.8
56.8
55.0
55.1
118
119
120
121
122
123
932.1
39.7
22.5
867.1
2.8
1021.9
42.7
19.5
957.0
2.8
1044.2
37.8
8.0
997.8
0.6
1131.5
40.9
5.0
1085.0
0.6
1391.4
45.8
4.2
1340.9
0.5
1004.4
49.6
7.7
946.7
0.5
898.5
50.5
11.4
835.9
0.7
891.9
52.1
12.5
826.6
0.8
855.6
51.9
22.8
780.3
0.7
823.2
49.9
22.6
750.1
0.7
119
120
121
122
123
124
125
126
Debt securities
Commercial paper
Bonds
1145.1
276.1
868.9
1330.3
345.3
985.0
1395.5
384.0
1011.6
1757.8
482.3
1275.5
2000.1
413.0
1587.1
1579.3
342.0
1237.3
1971.7
401.3
1570.3
2129.9
398.6
1731.3
2285.0
345.1
1939.9
2513.7
373.0
2140.7
124
125
126
127
128
129
130
131
108.2
42.2
66.1
0.0
0.0
108.5
38.6
69.9
0.0
0.0
118.4
34.0
84.4
0.0
0.0
124.8
26.6
98.3
0.0
0.0
150.2
23.4
102.8
0.0
24.0
683.3
21.6
107.9
0.0
553.7
128.9
21.9
96.8
0.0
10.3
137.3
22.1
115.1
0.0
0.1
267.6
23.5
144.3
0.0
99.8
207.2
32.8
165.5
0.0
8.9
127
128
129
130
131
132
133
134
135
136
4207.0
2079.4
40.0
2054.5
33.1
5108.4
2560.4
42.0
2498.5
7.5
6039.8
3317.7
43.2
2651.7
27.1
7390.8
4329.0
45.3
2948.2
68.4
8958.6
5248.0
46.9
3553.1
110.6
6646.8
2748.4
48.3
3748.5
101.5
8247.7
3995.3
50.0
4077.4
125.1
9361.7
4900.2
52.3
4273.6
135.6
9385.7
4501.4
54.9
4663.1
166.3
10640.3
5390.5
57.3
5077.8
114.7
132
133
134
135
136
137
138
139
244.1
44.7
199.4
629.6
48.2
581.4
869.3
54.5
814.8
1237.4
60.7
1176.7
1442.6
73.1
1369.5
1669.6
63.2
1606.4
1816.7
69.3
1747.3
2133.0
95.1
2037.9
1880.8
63.0
1817.8
1883.7
69.3
1814.4
137
138
139
2202.5
2366.8
2124.0
2416.5
2085.2
3646.9
2685.6
2728.0
4224.0
4366.5
140
140
Integrated Accounts
(1) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,
the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.
(2) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy
reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.
(3) Excludes nonfinancial assets, including nonproduced nonfinancial assets.
IBRD International Bank for Reconstruction and Development
IMF International Monetary Fund
SDRs Special Drawing Rights
n.e.c. Not elsewhere classified