108

Z.1, March 13, 1998

F.100.a Nonprofit Organizations (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
1988

1989

1990

1991

1992

1993

1994

1

Net financial investment

44.1

24.6

19.3

26.6

26.4

7.7

38.5

1

2

Net acquisition of financial assets

71.0

69.3

55.9

79.3

65.8

55.6

69.9

2

3
4
5
6

Checkable deposits and currency
Time and savings deposits
Money market fund shares
Security RPs (2)

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

3
4
5
6

7

Credit market instruments

51.6

22.6

23.4

-7.5

34.9

46.0

23.4

7

8
9
10
11

Open market paper
U.S. government securities
Treasury
Agency

34.4
11.5
3.2
8.2

-10.4
18.6
27.8
-9.2

6.2
10.5
-2.9
13.4

-29.9
14.2
7.8
6.4

-3.3
18.2
13.4
4.7

15.6
19.6
8.4
11.2

1.2
16.2
13.7
2.5

8
9
10
11

12
13
14

Municipal securities
Corporate and foreign bonds
Mortgages

-0.0
6.6
-0.8

1.9
11.5
0.9

-1.9
9.3
-0.7

0.1
8.2
-0.1

-0.1
19.3
0.9

2.2
6.9
1.6

0.4
5.8
-0.1

12
13
14

7.8
-0.2

10.3
1.3

16.1
0.9

-0.6
1.4

4.9
3.0

1.3
-3.2

31.2
2.0

15
16

2.8
2.8

2.8
2.8

2.6
2.6

2.0
2.0

1.1
1.1

0.8
1.8

3.1
1.0

17
18

-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

19
20

26.9

44.6

36.7

52.7

39.4

47.8

31.4

21

15
16

Corporate equities
Mutual fund shares

17
18

Security credit
Trade receivables (2)

19
20

Equity in noncorporate business
Miscellaneous assets (2)

21
22

Net increase in liabilities

7.3

11.0

10.8

16.5

16.9

24.7

13.7

22

23
24
25
26

Credit market instruments
Municipal securities
Bank loans n.e.c.
Other loans and advances
Commercial mortgages

1.3
0.2
-0.0
5.8

2.5
-5.2
-0.0
13.8

1.9
-1.1
0.3
9.7

6.0
-2.8
0.4
12.9

9.3
2.4
-0.2
5.4

11.9
5.0
0.1
7.7

14.5
6.4
0.1
-7.4

23
24
25
26

27
28

Trade payables
Miscellaneous liabilities (2)

2.5
17.2

16.1
17.5

11.3
14.5

8.8
27.4

4.7
17.8

7.4
15.8

4.2
13.6

27
28

(1) Does not include religious organizations or organizations with less than $25,000 in gross annual receipts.
(2) Not included in table F.100.

Z.1, March 13, 1998

109

L.100.a Nonprofit Organizations (1)
Billions of dollars; levels, not seasonally adjusted

1

Total financial assets

2
3
4
5

Checkable deposits and currency
Time and savings deposits
Money market fund shares
Security RPs (2)

6

Credit market instruments

1988

1989

1990

1991

1992

1993

1994

541.5

649.0

688.0

796.5

868.5

942.0

1004.4

1

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

2
3
4
5

201.4

224.0

247.4

240.0

274.9

320.9

344.3

6

7
8
9
10

Open market paper
U.S. government securities
Treasury
Agency

67.3
97.3
64.8
32.6

56.9
115.9
92.5
23.4

63.2
126.4
89.7
36.8

33.3
140.6
97.5
43.1

29.9
158.8
110.9
47.9

45.5
178.4
119.4
59.0

46.7
194.6
133.1
61.5

7
8
9
10

11
12
13

Municipal securities
Corporate and foreign bonds
Mortgages

0.0
34.2
2.6

1.9
45.7
3.5

0.0
55.0
2.8

0.2
63.2
2.8

0.1
82.5
3.7

2.3
89.4
5.3

2.7
95.2
5.2

11
12
13

122.0
12.7

167.2
17.3

167.8
16.9

192.6
22.2

201.8
27.1

219.0
26.0

243.4
27.1

14
15

14
15

Corporate equities
Mutual fund shares

16
17

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

38.1
37.1

16
17

18
19

Equity in noncorporate business
Miscellaneous assets (2)

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

18
19

323.2

367.8

404.5

457.2

496.6

544.4

575.8

20

154.3

165.3

176.1

192.6

209.5

234.2

247.9

21

20
21

Liabilities
Credit market instruments

22
23
24
25

Municipal securities
Bank loans n.e.c.
Other loans and advances
Commercial mortgages

79.5
15.5
0.3
59.0

81.9
10.3
0.3
72.8

83.9
9.2
0.5
82.5

89.9
6.4
0.9
95.5

99.1
8.8
0.7
100.9

111.1
13.8
0.8
108.5

125.6
19.9
0.9
101.5

22
23
24
25

26
27

Trade payables
Miscellaneous liabilities (2)

41.5
127.4

57.6
144.9

68.9
159.4

77.7
186.8

82.5
204.6

89.8
220.4

94.0
233.9

26
27

(1) Does not include religious organizations or organizations with less than $25,000 in gross annual receipts.
(2) Not included in table L.100.

Flow of Funds Matrix for 1997

Z.1, March 13, 1998

(Billions of dollars; flows)

Households
and Nonprofit
Organizations

1
2
3

Gross saving
Capital consumption
Net saving (1 less 2)

4
5
6
7
8
9
10

Gross investment (5 plus 11)
Capital expenditures
Consumer durables
Residential construction
Plant and equipment
Inventory change
Access rights from fed. govt.

11
12
13

Net financial investment
Financial uses
Financial sources

State
and Local
Governments

Nonfinancial
Business

Domestic
Nonfinancial
Sectors

Federal
Government

Rest of
the World

Financial
Sectors

All
Sectors

Instrument
Discr.

U

S

U

S

U

S

U

S

U

S

U

S

U

S

U

S

U

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

(12)

(13)

(14)

(15)

(16)

(17)

Memo:
National
Saving and
Investment

(18)

----

1128.2
649.2
479.0

----

771.1
490.9
280.2

----

96.4
79.5
16.9

----

12.3
71.6
-59.3

----

2007.9
1291.2
716.8

----

160.4
-160.4

----

42.8
103.3
-60.5

----

2211.2
1394.5
816.7

----

2050.8
1394.5
656.3

1069.3
982.4
659.1
279.1
44.2
---

--------

745.5
804.8
-39.2
690.1
68.3
7.1

--------

150.3
166.1
--166.1
---

--------

1.2
52.8
--60.0
--7.1

--------

1966.4
2006.0
659.1
318.3
960.3
68.3
0.0

--------

263.6
-------

--------

94.9
120.0
-9.0
111.1
---

--------

2324.9
2126.1
659.1
327.3
1071.4
68.3
--

--------

-113.7
85.1
------

1862.5
2126.1
659.1
327.3
1071.4
68.3
--

86.9
490.5
--

--403.6

-59.3
389.6
--

--448.8

-15.7
45.4
--

--61.1

-51.6
1.7
--

--53.3

-39.7
927.2
--

--966.8

263.6
575.6
--

--312.0

-25.1
2060.7
--

--2085.8

198.8
3563.4
--

--3364.6

-198.8
-198.8
--

-263.6
312.0
575.6

---13.8
--29.2
182.5
104.4
--

----------

---6.8
-32.5
1.9
14.4
2.0

----------

-----1.7
8.0
-8.6

----------

2.5
-----0.5
1.0
---

--0.5
0.0
-------

2.5
--20.6
-4.4
193.5
118.9
10.5

--0.5
0.0
-------

-0.4
----28.7
30.2
7.5
-6.9

0.7
--89.0
------

-1.5
-0.5
0.6
0.1
4.5
13.1
18.0
38.8
44.5

-----40.2
41.1
219.0
157.6
114.0

0.7
-0.5
0.6
20.7
-24.2
47.7
219.0
157.6
61.9

0.7
-0.5
0.0
89.0
-40.2
41.1
219.0
157.6
114.0

---0.6
68.3
-16.0
-6.6
--52.1

----------

14
15
16
17
18
19
20
21
22

Gold and off. fgn. exchange
SDR certificates
Treasury currency
Foreign deposits
Interbank claims
Checkable dep. and currency
Time and savings deposits
Money market fund share
Fed. funds and security RPs

23
24
25
26
27
28
29
30
31
32

Credit market instruments
Open market paper
Treasury securities
Federal agency securities
Municipal securities
Corporate and fgn. bonds
Bank loans n.e.c.
Other loans and advances
Mortgages
Consumer credit

-101.7
40.0
-237.9
85.9
25.8
-10.8
---4.7
--

364.1
---29.0
-8.5
20.8
252.0
53.8

6.0
3.4
16.6
-17.3
-5.7
---8.0
1.2

311.7
13.7
---19.9
90.7
99.1
46.3
81.8
--

-19.6
4.1
-12.7
-15.8
-0.4
1.3
--3.9
--

59.9
---61.1
---1.2
---

4.9
--0.0
---9.5
-4.5
--

23.1
-23.2
-0.1
----0.0
--

-110.3
47.5
-234.0
52.8
19.6
-9.6
-9.5
2.7
1.2

758.8
13.7
23.2
-0.1
70.2
90.7
107.7
65.9
333.8
53.8

316.4
20.4
156.0
43.6
-84.0
-12.4
---

51.5
3.7
---41.3
8.5
-2.0
---

1218.5
116.2
101.1
116.9
50.6
228.4
129.7
78.0
345.1
52.6

614.3
166.7
-213.4
-170.8
13.6
36.0
14.0
--

1424.6
184.1
23.2
213.3
70.2
302.8
129.7
99.8
347.8
53.8

1424.6
184.1
23.2
213.3
70.2
302.8
129.7
99.8
347.8
53.8

-----------

-----------

33
34
35
36

Corporate equities
Mutual fund shares
Trade credit
Security credit

-339.6
190.9
-47.9

--3.0
34.3

-3.0
62.5
--

-79.9
-56.2
--

13.7
2.6
---

--1.3
--

--1.4
--

--2.2
--

-325.9
196.5
63.9
47.9

-79.9
-62.5
34.3

65.1
-3.5
0.0

38.0
-7.5
0.0

219.6
62.6
41.7
56.0

0.7
259.0
5.6
69.5

-41.2
259.0
109.1
103.8

-41.2
259.0
75.7
103.8

---33.4
--

-----

37
38
39
40
41
42

Life insurance reserves
Pension fund reserves
Taxes payable
Inv. in bank personal trusts
Equity in noncorp. business
Miscellaneous

57.0
298.6
-26.4
15.8
23.7

-----2.2

-----260.5

--15.7
-3.9
141.2

--0.3
--30.2

-------

---0.7
---6.9

0.4
30.4
----2.3

57.0
298.6
-0.4
26.4
15.8
307.5

0.4
30.4
15.7
-3.9
141.1

-----175.0

-----125.4

-----344.7

56.7
268.2
4.3
26.4
11.9
277.6

57.0
298.6
-0.4
26.4
15.8
827.2

57.0
298.6
20.1
26.4
15.8
544.1

--20.5
---283.0

-------

43

Sector discrepancies (1 less 4)

58.9

--

25.6

--

-53.9

--

11.0

--

41.6

--

-103.2

--

-52.1

--

-113.7

--

-113.7

188.3

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.