Beruflich Dokumente
Kultur Dokumente
, eastern time
March 8, 2012
State and
local govts.
11.1
8.3
11.9
5.5
3.7
Federal
Total
Households
Business
2002
2003
2004
2005
2006
7.4
8.1
9.2
9.2
8.7
10.6
12.0
11.0
11.1
10.0
3.0
2.2
6.5
9.0
11.1
2007
2008
2009
2010
2011
8.5
6.0
3.1
4.1
3.7
6.7
0.1
-1.7
-2.1
-0.9
13.6
6.2
-2.4
0.7
4.2
5.4
0.7
3.9
2.2
-1.9
4.9
24.2
22.7
20.2
11.4
2010:Q1
Q2
Q3
Q4
3.5
3.9
3.7
4.9
-3.1
-2.2
-2.2
-0.7
-0.1
-1.3
1.8
2.5
2.4
-0.5
2.1
4.8
20.6
22.5
16.0
16.4
2011:Q1
2.3
-1.9
Q2
3.0
-0.6
Q3
4.4
-1.2
Q4
4.9
0.3
1. Changes shown are on an end-of-period basis.
4.1
4.4
3.6
4.6
-3.3
-3.5
0.0
-1.0
7.9
8.6
14.1
13.1
7.6
10.9
9.0
7.0
3.9
Table of Contents
Title
Table
Page
D.1
D.2
D.3
Flows
Table
Page
Levels
Table
Page
F.1
10
L.1
61
F.2
11
L.2
62
F.3
11
L.3
62
F.4
12
L.4
63
F.5
12
L.5
63
F.6
13
F.7
14
F.8
15
F.9
16
F.10
17
L.10
64
Title
Summaries
Flows
Table
Page
Levels
Table
Page
F.100
18
L.100
65
Nonfinancial Business
F.101
19
L.101
66
F.102
20
L.102
67
F.103
21
L.103
68
F.105
22
L.105
69
Federal Government
F.106
23
L.106
69
F.107
24
L.107
70
Financial Business
F.108
25
L.108
71
Monetary Authority
F.109
26
L.109
72
F.110
27
L.110
73
F.111
28
L.111
74
F.112
29
L.112
75
F.113
29
L.113
75
Savings Institutions
F.114
30
L.114
76
Credit Unions
F.115
31
L.115
77
F.116
31
L.116
77
F.117
32
L.117
78
F.118
32
L.118
78
F.119
33
L.119
79
F.120
33
L.120
79
F.121
34
L.121
80
Mutual Funds
F.122
34
L.122
80
F.123
34
L.123
80
Government-Sponsored Enterprises
F.124
35
L.124
81
Title
Sectors
Flows
Table
Page
Levels
Table
Page
F.125
35
L.125
81
F.126
36
L.126
82
Finance Companies
F.127
36
L.127
82
F.128
37
L.128
83
F.129
38
L.129
84
Funding Corporations
F.130
38
L.130
84
F.200
39
L.200
85
39
L.201
85
F.202
39
L.202
85
F.203
40
L.203
86
F.204
41
L.204
87
F.205
42
L.205
88
F.206
42
L.206
88
F.207
43
L.207
89
F.208
43
L.208
89
Treasury Securities
F.209
44
L.209
90
F.210
45
L.210
91
F.211
46
L.211
92
F.212
47
L.212
93
Corporate Equities
F.213
48
L.213
94
F.214
48
L.214
94
F.215
49
L.215
95
F.216
50
L.216
96
Title
Instruments
U.S. Official Reserve Assets and SDR Allocations
Flows
Levels
Title
Table
Page
Table
Page
Total Mortgages
F.217
51
L.217
97
Home Mortgages
F.218
52
L.218
98
F.219
52
L.219
98
Commercial Mortgages
F.220
53
L.220
99
Farm Mortgages
F.221
53
L.221
99
Consumer Credit
F.222
54
L.222
100
Trade Credit
F.223
54
L.223
100
Security Credit
F.224
54
L.224
100
F.225
55
L.225
101
F.226
55
L.226
101
F.227
55
L.227
101
F.228
56
L.228
102
F.229
57
L.229
103
F.230
58
L.230
104
F.231
59
L.231
105
Sector Discrepancies
F.11
60
Instrument Discrepancies
F.12
60
Title
Balance
Sheet
Table
Page
Table
Page
B.100
106
R.100
109
B.102
107
R.102
110
B.103
108
R.103
111
Reconciliation
Flows
Table
Page
Levels
Table
Page
Nonprofit Organizations
F.100.a
112
L.100.a
113
F.106.c
114
L.106.c
115
F.118.b
116
L.118.b
117
F.118.c
116
L.118.c
117
F.225.i
116
L.225.i
117
Title
Supplementary Tables
118
119
B.100.e
120
2
nearly all time periods. However, in a few instances,
the discontinuity is nonzero for almost all time
periods, or is quite large in a particular quarter, such
as a period when there is a sharp increase or decrease
in equity prices or a major break in source data.
www.federalreserve.gov/releases/Z1
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
2011:Q4. 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.
4. Nonfinancial noncorporate
business
(tables F.103 and L.103)
6. Federal government
(tables F.106 and L.106)
None.
5
7. Rest of the world
(U.S. international transactions)
(tables F.107 and L.107)
8. Monetary authority
(tables F.109 and L.109)
None.
None.
None.
None.
None.
None.
None.
6
20. Money market mutual funds
(tables F.121 and L.121)
None.
None.
None.
None.
24. Government-sponsored
enterprises
(tables F.124 and L.124)
None.
None.
None.
Total
Total
Households
Home
mortgage
Business
Consumer
credit
Total
Corporate
State and
local
governments
Federal
government
Domestic
financial
sectors
Foreign
1980
1981
1982
1983
1984
9.5
10.4
10.4
12.0
14.8
8.4
7.6
5.6
11.1
12.7
10.9
7.2
4.8
10.2
11.4
1.0
5.5
5.0
12.1
18.4
10.1
12.9
9.9
9.2
16.1
8.4
13.6
10.2
8.1
16.3
6.9
8.0
11.2
11.4
11.4
11.8
11.6
19.7
18.9
16.9
14.5
18.2
13.6
13.4
17.9
14.3
12.2
7.5
8.3
3.7
1985
1986
1987
1988
1989
15.6
11.9
9.1
9.0
7.2
16.2
11.4
10.4
9.8
9.1
14.6
13.7
13.4
11.8
10.9
15.9
9.1
4.8
6.7
6.3
11.0
11.5
7.8
9.9
6.3
12.4
13.7
8.9
10.9
7.5
31.8
10.9
12.0
6.0
5.3
16.5
13.6
8.0
8.0
7.0
19.4
26.2
18.2
13.2
10.5
0.5
4.0
2.5
2.9
3.8
1990
1991
1992
1993
1994
6.5
4.3
4.5
4.7
4.6
6.9
5.1
5.4
6.1
7.8
8.9
7.0
6.5
5.5
5.6
1.9
-1.1
1.1
7.4
15.2
3.6
-2.1
-0.3
0.1
3.7
5.7
-1.9
0.9
1.1
4.8
5.0
9.2
1.5
5.3
-3.9
11.0
11.1
10.9
8.3
4.7
8.8
6.0
8.6
9.6
13.9
8.3
4.8
6.9
18.7
-2.4
1995
1996
1997
1998
1999
5.2
5.4
5.6
6.6
6.4
7.0
6.9
5.9
7.7
8.2
4.9
6.2
6.1
8.1
9.4
14.4
9.0
5.5
7.2
7.8
7.2
6.6
9.9
11.7
10.9
8.5
6.8
10.5
11.1
10.1
-5.5
-2.0
4.9
6.2
3.3
4.1
4.0
0.6
-1.4
-1.9
11.6
12.1
12.1
19.4
16.2
17.7
15.5
10.6
5.1
2.4
2000
2001
2002
2003
2004
5.0
6.3
7.4
8.1
9.2
9.0
9.4
10.6
12.0
11.0
8.7
10.6
13.3
14.6
13.5
11.4
8.6
5.6
5.3
5.6
9.4
5.9
3.0
2.2
6.5
8.6
4.8
1.1
1.6
4.4
1.4
8.8
11.1
8.3
11.9
-8.0
-0.2
7.6
10.9
9.0
11.0
10.7
9.7
10.7
8.9
8.4
-1.4
10.8
4.0
12.4
2005
2006
2007
2008
2009
9.2
8.7
8.5
6.0
3.1
11.1
10.0
6.7
0.1
-1.7
13.3
11.1
6.9
-0.5
-1.4
4.5
4.1
5.8
1.5
-4.4
9.0
11.1
13.6
6.2
-2.4
6.9
9.4
13.5
4.9
-1.8
5.5
3.7
5.4
0.7
3.9
7.0
3.9
4.9
24.2
22.7
9.4
10.0
12.6
5.6
-10.8
7.9
22.0
9.0
-10.6
12.4
2010
2011
4.1
3.7
-2.1
-0.9
-2.9
-2.1
-1.8
3.5
0.7
4.2
4.0
6.0
2.2
-1.9
20.2
11.4
-6.3
-3.9
4.2
-1.5
2005 -- Q1
Q2
Q3
Q4
8.9
8.7
8.6
9.4
9.8
11.5
11.1
10.3
11.7
13.4
13.6
12.0
5.1
5.0
4.3
3.4
7.8
8.2
8.2
10.7
5.6
5.8
6.0
9.7
7.8
5.2
5.0
3.7
9.4
4.7
5.2
7.9
8.3
9.8
5.4
12.8
4.6
7.8
9.7
8.5
2006 -- Q1
Q2
Q3
Q4
9.6
9.1
6.7
8.2
11.8
11.3
8.6
6.8
13.6
12.9
9.8
6.4
3.2
4.0
4.1
4.9
11.1
10.5
7.5
13.4
9.4
8.7
4.5
13.8
0.1
4.7
4.5
5.5
7.0
3.4
1.5
3.4
11.1
11.7
7.0
8.9
13.9
12.4
37.0
18.7
2007 -- Q1
Q2
Q3
Q4
8.4
8.3
8.5
7.7
7.3
7.3
6.3
5.3
8.3
7.7
6.1
4.7
5.0
5.6
6.7
5.2
11.5
13.9
14.0
12.5
10.0
14.2
14.8
12.4
6.8
5.9
4.2
4.3
6.0
1.2
5.8
6.1
11.0
10.1
16.6
10.0
12.9
18.2
1.4
3.0
2008 -- Q1
Q2
Q3
Q4
6.1
3.6
7.4
6.3
3.3
0.1
-0.9
-2.1
2.6
-0.6
-2.0
-2.1
4.9
3.5
-0.2
-2.1
9.2
7.7
5.6
1.8
9.1
7.1
4.7
-1.5
1.8
0.8
0.7
-0.5
9.4
5.9
36.5
38.3
6.1
5.8
6.7
3.2
10.4
-0.0
-28.5
-24.8
2009 -- Q1
Q2
Q3
Q4
4.3
4.1
2.0
1.6
-0.9
-1.7
-2.3
-1.8
0.1
-1.9
-2.3
-1.4
-3.6
-5.0
-4.1
-5.3
-0.1
-2.5
-3.8
-3.2
1.6
-1.9
-3.9
-3.1
2.1
4.2
3.8
5.1
24.4
27.2
18.7
13.8
-11.0
-13.7
-10.9
-8.7
11.3
12.7
15.9
7.6
2010 -- Q1
Q2
Q3
Q4
3.5
3.9
3.7
4.9
-3.1
-2.2
-2.2
-0.7
-4.8
-2.5
-2.5
-1.8
-3.9
-3.3
-2.2
2.3
-0.1
-1.3
1.8
2.5
5.1
1.7
5.0
4.0
2.4
-0.5
2.1
4.8
20.6
22.5
16.0
16.4
-8.1
-7.5
-4.8
-5.9
5.7
-2.0
6.3
6.8
2011 -- Q1
Q2
Q3
Q4
2.3
3.0
4.4
4.9
-1.9
-0.6
-1.2
0.3
-2.7
-2.4
-1.9
-1.5
2.2
3.6
1.4
6.9
4.1
4.4
3.6
4.6
6.3
6.7
4.7
6.0
-3.3
-3.5
0.0
-1.0
7.9
8.6
14.1
13.1
-0.8
-7.2
-3.6
-4.4
9.4
-1.1
-8.4
-5.5
Total
Total
Households
Home
mortgage
Business
Consumer
credit
Total
Corporate
State and
local
governments
Federal
government
Domestic
financial
sectors
Foreign
1980
1981
1982
1983
1984
342.9
409.7
451.8
572.9
791.7
108.0
106.5
84.3
174.6
221.2
90.2
67.0
47.4
105.1
127.3
3.4
19.8
18.8
48.2
81.7
135.3
190.0
164.4
165.7
320.8
71.9
124.7
105.7
91.4
202.6
22.2
27.6
41.7
47.3
52.5
77.4
85.5
161.3
185.2
197.2
73.2
105.1
93.0
104.4
157.8
24.2
23.5
16.0
17.3
8.4
1985
1986
1987
1988
1989
958.8
845.7
722.0
784.1
684.3
314.8
260.5
264.0
270.1
276.3
181.5
198.8
221.5
215.7
224.9
84.0
55.8
32.3
46.6
47.0
254.7
295.0
223.7
308.5
214.3
180.0
222.6
165.1
222.8
166.8
163.6
74.2
90.4
50.4
47.4
225.7
216.0
143.9
155.1
146.4
204.0
328.8
290.6
250.2
225.0
1.2
9.7
6.3
7.4
10.2
1990
1991
1992
1993
1994
655.5
469.8
511.9
560.1
575.9
230.2
180.8
201.9
240.5
328.4
200.1
174.6
173.1
156.3
166.5
15.1
-8.8
9.2
61.4
135.0
131.3
-80.5
-10.5
5.5
137.2
137.8
-48.4
22.0
26.8
122.6
47.1
91.2
16.5
57.9
-45.5
246.9
278.2
304.0
256.1
155.9
211.2
156.0
238.9
291.5
462.0
23.9
15.1
24.1
69.8
-11.2
1995
1996
1997
1998
1999
678.1
732.4
812.5
1005.5
1040.3
318.4
335.2
304.6
425.2
486.8
153.6
204.9
215.5
301.4
378.0
147.0
105.7
70.3
97.1
112.4
276.0
272.7
434.1
566.2
587.4
229.2
200.5
330.2
384.4
389.6
-60.8
-20.5
50.8
66.8
37.3
144.4
144.9
23.1
-52.6
-71.2
439.5
514.0
574.1
1026.8
1023.5
78.3
88.0
69.9
37.2
19.0
2000
2001
2002
2003
2004
864.2
1149.1
1418.7
1683.5
2068.7
579.2
659.2
810.4
1011.5
1044.3
383.3
507.1
704.5
874.9
929.0
176.5
150.6
105.2
105.9
117.2
563.9
390.1
206.2
155.4
475.7
366.1
224.6
51.6
76.6
219.4
16.9
105.5
144.6
120.5
186.8
-295.9
-5.6
257.6
396.0
361.9
807.3
872.0
886.6
1071.6
971.3
63.0
-11.2
93.4
43.0
155.3
2005
2006
2007
2008
2009
2324.7
2397.5
2539.5
1937.0
1052.1
1175.0
1172.1
867.0
13.7
-230.9
1042.3
987.8
677.2
-54.2
-145.3
100.4
95.4
139.3
38.8
-115.3
705.6
943.7
1288.5
664.1
-272.4
361.5
525.1
823.8
340.8
-132.3
137.2
98.3
146.9
20.0
111.5
306.9
183.4
237.1
1239.2
1443.9
1116.5
1300.2
1794.6
901.8
-1844.1
113.0
332.6
170.3
-226.2
211.7
2010
2011
1446.1
1368.3
-279.3
-113.9
-299.2
-213.2
-44.2
86.3
79.0
472.9
284.8
444.9
66.2
-58.6
1580.2
1067.9
-980.3
-556.4
88.2
-33.4
2005 -- Q1
Q2
Q3
Q4
2246.4
2251.1
2273.9
2527.5
1030.5
1250.2
1236.0
1183.3
917.3
1084.3
1136.5
1031.0
113.6
112.3
97.0
78.9
610.2
656.4
670.5
885.4
291.9
306.2
322.1
525.9
193.7
131.0
129.2
95.0
411.9
213.6
238.2
363.9
992.2
1190.9
674.7
1608.3
66.0
112.9
144.4
128.8
2006 -- Q1
Q2
Q3
Q4
2659.4
2576.2
1941.3
2413.0
1379.9
1368.0
1070.9
869.6
1210.3
1181.7
933.1
626.1
73.2
93.7
97.5
117.2
946.3
919.3
678.0
1231.3
526.5
495.5
263.2
814.9
3.8
124.1
118.7
146.4
329.4
164.8
73.6
165.7
1442.8
1557.8
961.2
1239.0
209.7
194.2
596.8
329.6
2007 -- Q1
Q2
Q3
Q4
2504.0
2542.5
2663.8
2447.5
942.1
963.2
848.3
714.3
818.6
772.5
622.6
495.0
121.9
137.9
166.8
130.7
1085.2
1355.5
1412.1
1301.4
612.9
891.9
958.1
832.3
184.8
163.4
116.6
122.6
291.9
60.4
286.8
309.2
1578.3
1491.8
2527.7
1580.6
243.3
350.1
28.3
59.6
2008 -- Q1
Q2
Q3
Q4
1974.1
1191.1
2460.0
2122.9
454.9
19.0
-131.2
-287.9
278.4
-60.1
-208.6
-226.4
125.4
89.7
-6.1
-53.8
986.0
842.0
625.2
203.2
630.3
500.0
339.4
-106.5
50.8
21.7
21.5
-14.1
482.4
308.4
1944.4
2221.7
995.7
956.2
1115.2
540.0
221.3
-0.1
-622.8
-503.3
2009 -- Q1
Q2
Q3
Q4
1478.5
1438.9
709.0
581.9
-120.5
-237.1
-317.1
-248.9
6.1
-195.2
-241.6
-150.4
-94.1
-128.6
-105.2
-133.0
-12.8
-283.6
-434.4
-359.0
118.3
-139.6
-282.5
-225.5
61.8
122.4
111.6
150.2
1550.0
1837.1
1348.9
1039.6
-1874.9
-2327.9
-1792.1
-1381.6
192.3
224.0
287.6
143.0
2010 -- Q1
Q2
Q3
Q4
1247.2
1388.6
1354.0
1794.5
-420.1
-297.3
-300.4
-99.6
-499.3
-254.6
-258.8
-183.9
-97.6
-82.1
-53.5
56.5
-10.1
-148.0
201.5
272.3
361.5
125.0
362.5
290.4
72.2
-15.9
62.0
146.6
1605.1
1849.8
1390.9
1475.1
-1257.3
-1107.9
-703.6
-852.2
119.1
-43.5
132.0
145.1
2011 -- Q1
Q2
Q3
Q4
839.9
1130.8
1636.2
1866.5
-254.9
-84.4
-159.3
43.1
-274.0
-243.5
-184.8
-150.3
52.6
87.5
34.6
170.4
453.1
495.3
411.9
531.3
464.5
500.4
353.3
461.3
-99.9
-106.5
1.0
-29.1
741.5
826.4
1382.6
1321.2
-112.0
-1010.4
-494.4
-608.9
212.7
-25.7
-195.3
-125.4
Business
Consumer
credit
Corporate
Federal
government
Domestic
financial
sectors
Total
Total
1980
1981
1982
1983
1984
3953.5
4361.7
4783.4
5359.2
6146.2
1399.4
1510.7
1580.3
1734.9
1947.7
926.5
998.2
1031.1
1116.2
1242.8
358.0
377.9
396.7
444.9
526.6
1474.7
1658.5
1807.6
1996.2
2320.6
918.2
1036.7
1127.1
1241.4
1447.6
344.4
372.1
413.8
461.1
513.6
735.0
820.5
981.8
1167.0
1364.2
578.1
682.4
778.1
882.7
1052.4
193.4
214.0
208.1
224.1
232.8
1985
1986
1987
1988
1989
7123.1
7966.3
8670.1
9450.7
10152.1
2283.3
2542.3
2760.3
3047.3
3316.2
1449.6
1648.3
1827.9
2054.2
2259.5
610.6
666.4
698.6
745.2
809.3
2572.0
2866.0
3117.4
3405.5
3644.3
1624.3
1845.9
2038.8
2238.9
2421.7
677.9
752.1
842.6
893.0
940.4
1589.9
1805.9
1949.8
2104.9
2251.2
1257.3
1593.6
1895.5
2145.8
2399.3
242.5
251.9
259.0
269.8
287.9
1990
1991
1992
1993
1994
10834.9
11301.4
11816.5
12391.4
12973.6
3575.6
3760.0
3961.9
4204.8
4532.5
2488.8
2667.0
2840.0
2998.7
3165.3
824.4
815.6
824.8
886.2
1021.2
3773.8
3686.4
3679.1
3697.1
3841.3
2557.6
2506.8
2530.4
2569.7
2699.3
987.4
1078.6
1095.1
1153.0
1107.5
2498.1
2776.4
3080.3
3336.5
3492.3
2613.6
2769.6
3024.1
3321.0
3791.1
318.2
350.4
372.4
468.2
443.1
1995
1996
1997
1998
1999
13667.5
14399.8
15210.8
16216.4
17291.3
4850.9
5186.1
5491.2
5916.4
6403.6
3318.9
3523.8
3739.3
4040.6
4416.3
1168.2
1273.9
1344.2
1441.3
1553.6
4133.1
4405.8
4837.9
5404.0
6025.8
2944.3
3144.9
3473.0
3857.4
4281.4
1046.7
1026.2
1076.9
1143.8
1181.0
3636.7
3781.7
3804.8
3752.2
3681.0
4233.5
4747.5
5301.4
6328.2
7349.4
567.6
657.2
723.6
783.2
748.2
2000
2001
2002
2003
2004
18165.4
19297.5
20716.1
22443.8
25264.5
6992.7
7651.8
8462.2
9503.8
10568.4
4798.4
5305.5
6010.0
6894.6
7838.5
1741.3
1891.8
1997.0
2102.9
2220.1
6589.7
6962.8
7169.0
7338.5
7815.7
4647.5
4855.1
4906.8
4997.5
5218.3
1197.9
1303.4
1447.9
1568.4
2485.4
3385.1
3379.5
3637.0
4033.1
4395.0
8157.8
9155.9
10042.5
10949.3
11935.5
814.5
865.4
1072.8
1253.3
1438.8
2005
2006
2007
2008
2009
27589.2
29985.0
32531.0
34468.0
35435.9
11743.4
12915.4
13782.4
13801.1
13570.2
8880.8
9868.5
10545.7
10496.5
10351.2
2320.6
2416.0
2555.3
2594.1
2478.9
8521.3
9463.4
10758.4
11417.6
11061.0
5579.9
6103.3
6933.6
7269.4
7052.9
2622.6
2720.9
2867.8
2887.8
2999.3
4701.9
4885.3
5122.3
6361.5
7805.4
12997.5
14296.5
16218.4
17119.8
15539.6
1513.9
1882.6
2126.3
1708.8
2090.3
2010
2011
36938.1
38314.6
13328.6
13222.9
10050.9
9840.5
2434.7
2521.0
11158.4
11631.3
7355.1
7800.0
3065.5
3006.8
9385.6
10453.6
14141.8
13580.0
2273.1
2239.7
2005 -- Q1
Q2
Q3
Q4
25826.1
26388.8
26957.3
27589.2
10826.0
11138.5
11447.5
11743.4
8067.8
8338.9
8623.0
8880.8
2248.5
2276.6
2300.8
2320.6
7968.3
8132.4
8300.0
8521.3
5291.3
5367.8
5448.4
5579.9
2533.9
2566.6
2598.9
2622.6
4498.0
4551.4
4610.9
4701.9
12183.6
12481.3
12576.5
12997.5
1455.3
1483.5
1519.6
1513.9
2006 -- Q1
Q2
Q3
Q4
28252.0
28896.5
29381.8
29985.0
12088.3
12430.3
12698.1
12915.4
9183.3
9478.8
9712.0
9868.5
2338.9
2362.3
2386.7
2416.0
8755.8
8986.1
9155.6
9463.4
5709.4
5833.7
5899.5
6103.3
2623.6
2654.6
2684.3
2720.9
4784.2
4825.4
4843.8
4885.3
13354.9
13746.5
13986.8
14296.5
1566.3
1614.9
1764.1
1882.6
2007 -- Q1
Q2
Q3
Q4
30617.5
31253.2
31919.1
32531.0
13151.0
13391.8
13603.9
13782.4
10073.2
10266.3
10422.0
10545.7
2446.4
2480.9
2522.6
2555.3
9741.2
10080.1
10433.1
10758.4
6262.9
6485.9
6725.5
6933.6
2767.1
2808.0
2837.1
2867.8
4958.2
4973.3
5045.0
5122.3
14818.3
15191.3
15823.2
16218.4
1924.0
2011.5
2018.6
2126.3
2008 -- Q1
Q2
Q3
Q4
33024.5
33322.3
33937.3
34468.0
13896.2
13900.9
13873.1
13801.1
10615.3
10600.3
10553.1
10496.5
2586.6
2609.1
2607.6
2594.1
11004.9
11215.4
11366.8
11417.6
7091.1
7216.1
7296.0
7269.4
2880.5
2885.9
2891.3
2887.8
5242.9
5320.0
5806.1
6361.5
16467.3
16706.3
16984.8
17119.8
2181.6
2181.6
2025.6
1708.8
2009 -- Q1
Q2
Q3
Q4
34847.2
35206.9
35384.2
35435.9
13771.0
13711.7
13632.4
13570.2
10498.0
10449.2
10388.8
10351.2
2570.6
2538.4
2512.1
2478.9
11424.0
11353.1
11244.5
11061.0
7308.5
7273.6
7203.0
7052.9
2903.2
2933.8
2961.7
2999.3
6749.0
7208.3
7545.5
7805.4
17033.0
16451.0
15968.8
15539.6
1756.8
1812.8
1884.7
2090.3
2010 -- Q1
Q2
Q3
Q4
35803.8
36151.0
36489.5
36938.1
13502.9
13428.6
13353.5
13328.6
10225.2
10161.6
10096.9
10050.9
2454.5
2433.9
2420.6
2434.7
11076.9
11039.9
11090.3
11158.4
7160.5
7191.8
7282.4
7355.1
3017.3
3013.3
3028.8
3065.5
8206.7
8669.1
9016.9
9385.6
14807.8
14530.8
14354.9
14141.8
2120.6
2109.7
2142.7
2273.1
2011 -- Q1
Q2
Q3
Q4
37148.1
37436.2
37845.2
38314.6
13264.9
13249.2
13209.3
13222.9
9982.4
9921.5
9875.3
9840.5
2447.8
2469.7
2478.4
2521.0
11271.7
11395.5
11498.5
11631.3
7471.1
7596.2
7684.6
7800.0
3040.5
3013.9
3014.1
3006.8
9571.0
9777.6
10123.3
10453.6
14113.8
13855.9
13732.2
13580.0
2326.3
2319.9
2271.1
2239.7
Total
State and
local
governments
Foreign
10
2008
2009
2010
2011
2010
Q3
1
2
3
4
5
6
7
2011
Q4
Q1
Q2
Q3
Q4
4504.4
2612.6
-580.4
554.0
778.5
782.4
1087.3
940.5
94.7
946.4
1132.2
2539.5
1937.0
1052.1
1446.1
1368.3
1354.0
1794.5
839.9
1130.8
1636.2
1866.5
867.0
823.8
464.7
146.9
237.1
13.7
340.8
323.3
20.0
1239.2
-230.9
-132.3
-140.1
111.5
1443.9
-279.3
284.8
-205.9
66.2
1580.2
-113.9
444.9
28.0
-58.6
1067.9
-300.4
362.5
-161.0
62.0
1390.9
-99.6
290.4
-18.1
146.6
1475.1
-254.9
464.5
-11.4
-99.9
741.5
-84.4
500.4
-5.1
-106.5
826.4
-159.3
353.3
58.5
1.0
1382.6
43.1
461.3
70.0
-29.1
1321.2
3
4
5
6
7
170.3
-226.2
211.7
88.2
-33.4
132.0
145.1
212.7
-25.7
-195.3
-125.4
Financial sectors
1794.6
901.8
-1844.1
-980.3
-556.4
-703.6
-852.2
-112.0
-1010.4
-494.4
-608.9
10
11
12
131.8
0.0
129.4
79.1
-0.2
84.0
-152.6
0.0
-10.3
-133.5
0.0
-42.6
-55.9
0.0
-82.9
-175.6
0.0
204.4
-111.9
0.0
-180.9
-15.6
0.0
44.3
-67.1
0.0
-186.9
-94.4
0.0
-107.7
-46.6
0.0
-81.3
10
11
12
13
14
Savings institutions
Credit unions
104.1
13.4
-67.1
8.3
-169.6
-14.1
-29.0
-0.4
-24.0
-2.0
-61.9
0.8
47.9
3.6
-39.9
-9.6
-33.3
-3.5
-63.6
3.7
40.9
1.6
13
14
15
16
17
18
14.5
282.4
623.3
340.0
26.2
271.7
497.0
-408.1
-6.6
-475.3
415.3
-740.2
-3.2
-233.8
186.9
-520.3
1.8
-200.8
162.6
-270.2
-1.2
-372.1
159.7
-465.8
-0.8
-254.3
189.6
-431.3
1.8
11.1
263.7
-329.6
2.4
-479.9
146.5
-258.1
0.9
-138.3
124.0
-273.2
2.0
-196.0
116.3
-219.9
15
16
17
18
19
20
21
22
Finance companies
REITs
Brokers and dealers
Funding corporations
34.9
10.2
-4.0
114.5
-79.4
-53.8
77.7
466.4
-156.2
-50.0
-49.7
-434.8
-173.9
-2.1
36.9
-65.3
-38.7
31.1
-37.9
-39.5
-143.0
35.7
-19.2
134.5
-66.5
-40.2
134.4
-141.8
-9.7
44.5
-5.9
-67.1
-169.8
75.9
-72.7
36.3
40.2
25.9
-43.4
31.4
-15.3
-22.0
-29.7
-158.8
19
20
21
22
23
4504.4
2612.6
-580.4
554.0
778.5
782.4
1087.3
940.5
94.7
946.4
1132.2
23
517.5
-94.3
122.0
324.3
-464.7
-254.1
1055.9
-494.5
-952.0
-659.1
246.8
24
502.2
-79.1
10.0
77.9
6.6
-6.0
-32.2
-10.9
-131.8
86.5
-140.4
9.6
-6.7
-36.6
296.1
188.0
13.9
-3.6
40.8
85.3
-381.6
3.1
0.6
-84.4
-2.4
-530.1
51.9
-3.3
46.2
181.3
962.2
-61.5
-0.6
76.8
79.0
-569.8
10.9
-0.1
-57.4
121.9
-781.2
8.5
0.3
-106.1
-73.5
-572.4
-0.2
1.0
-103.4
15.9
397.0
-7.0
1.3
-70.7
-73.8
25
26
27
28
29
24
25
26
27
28
29
30
943.8
357.7
143.5
520.5
215.5
843.1
238.6
9.5
106.1
702.6
43.9
30
31
Financial sectors
3043.1
2349.1
-845.9
-290.9
1027.6
193.4
-207.2
1425.5
940.6
902.9
841.5
31
32
33
34
35
36
37
38
Monetary authority
U.S.-chartered commercial banks
Foreign banking offices in U.S.
Bank holding companies
Banks in U.S.-affiliated areas
Savings institutions
Credit unions
-38.3
535.7
201.7
23.2
-6.4
63.0
35.3
245.4
531.1
100.8
13.9
-1.9
-276.1
40.0
1001.6
-116.8
-285.8
-16.0
-2.8
-249.6
33.1
271.5
-184.3
-30.8
22.1
-19.3
6.6
24.6
376.5
156.9
37.7
2.8
-4.9
-31.6
39.5
-221.5
107.7
472.2
180.3
-11.7
-23.7
-41.0
397.3
-48.1
-565.7
-40.7
-1.7
184.8
76.4
1043.0
-180.9
46.1
30.8
-5.1
-187.2
50.5
842.0
-128.9
102.8
-1.4
-9.6
-30.3
10.8
-133.8
401.1
111.2
20.7
-6.1
-53.4
24.5
-245.3
536.4
-109.2
-38.9
1.3
144.6
72.0
32
33
34
35
36
37
38
39
40
41
42
43
5.3
84.8
102.5
12.3
11.7
-15.9
11.6
90.6
13.3
24.2
33.3
139.8
111.6
-8.8
7.4
3.9
151.6
108.0
-8.2
11.0
-6.0
153.1
101.9
16.0
19.3
19.7
202.8
97.5
-14.0
18.9
-6.3
161.1
129.5
2.8
1.5
20.4
168.3
78.6
34.2
13.9
-19.3
106.4
105.9
-18.1
15.8
0.7
221.7
111.3
60.3
32.4
-25.6
115.9
111.6
-12.2
15.2
39
40
41
42
43
44
45
46
47
48
49
50
375.6
271.1
-0.9
13.3
239.0
623.3
337.1
738.6
73.3
-41.1
23.0
242.9
497.0
-391.6
-644.0
380.7
9.6
46.0
-337.8
415.3
-705.6
-410.0
374.3
5.0
29.7
-328.2
186.9
-510.5
7.2
421.5
-1.1
38.8
-199.4
162.6
-265.6
-345.3
565.3
8.9
35.2
-493.2
159.7
-465.9
-319.4
250.8
6.7
-3.2
-195.6
189.6
-421.6
58.5
527.5
8.5
21.7
21.8
263.7
-336.3
-109.8
388.9
2.6
43.6
-297.1
146.5
-248.1
109.8
220.2
-19.4
45.7
-358.8
124.0
-258.4
-29.6
549.4
3.7
44.1
-163.5
116.3
-219.7
44
45
46
47
48
49
50
51
52
53
54
Finance companies
REITs
Brokers and dealers
Funding corporations
16.6
-19.9
219.7
-62.7
-72.3
-68.9
-85.7
657.1
-223.3
-8.7
-192.1
-233.0
-141.7
37.1
32.2
77.9
-55.6
114.7
9.7
-66.3
-159.2
59.3
76.2
-34.6
-50.4
53.3
-94.3
86.2
-53.3
207.8
69.2
-476.2
-108.7
175.8
31.1
-60.3
-84.1
89.2
-107.9
352.0
23.8
-14.2
46.4
-80.8
51
52
53
54
11
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Domestic
By instrument
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Corporate bonds
Bank loans n.e.c.
Other loans and advances
Mortgages
Home
Multifamily residential
Commercial
Farm
Consumer credit
By sector
Household sector
Nonfinancial business
Corporate
Noncorporate
State and local governments
Federal government
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
2539.5
1937.0
1052.1
1446.1
1368.3
1354.0
1794.5
839.9
1130.8
1636.2
1866.5
2539.5
11.3
237.5
-0.4
235.9
311.2
240.2
311.0
1937.0
7.7
1239.0
0.2
95.3
204.6
192.5
74.9
1052.1
-73.1
1443.7
0.1
154.5
377.2
-296.0
-154.2
1446.1
24.5
1579.6
0.7
97.7
420.6
-33.0
-85.3
1368.3
33.3
1066.8
1.1
-52.2
376.0
150.6
36.8
1354.0
43.8
1390.4
0.5
76.9
510.6
-84.3
-50.3
1794.5
-58.7
1474.4
0.8
192.4
507.7
62.0
-71.9
839.9
25.9
740.4
1.2
-74.3
393.5
110.9
-8.2
1130.8
49.6
826.2
0.2
-110.3
451.9
212.0
16.2
1636.2
29.7
1380.7
1.9
-9.6
306.7
137.6
62.4
1866.5
27.9
1320.0
1.1
-14.7
351.9
142.0
76.9
2
3
4
5
6
7
8
9
1053.5
714.0
84.4
250.4
4.6
139.3
84.0
-111.3
46.2
127.1
22.0
38.8
-285.0
-199.2
7.5
-90.0
-3.4
-115.3
-514.5
-343.3
-10.2
-165.9
4.9
-44.2
-330.4
-238.6
3.4
-91.1
-4.0
86.3
-480.0
-293.6
0.8
-192.2
5.0
-53.5
-368.8
-207.2
-7.4
-159.2
5.0
56.5
-402.0
-305.7
0.9
-93.3
-4.0
52.6
-402.5
-272.1
-0.6
-125.8
-4.0
87.5
-308.0
-207.0
4.6
-101.5
-4.1
34.6
-209.0
-169.7
8.6
-43.8
-4.1
170.4
10
11
12
13
14
15
2539.5
867.0
1288.5
823.8
464.7
146.9
237.1
1937.0
13.7
664.1
340.8
323.3
20.0
1239.2
1052.1
-230.9
-272.4
-132.3
-140.1
111.5
1443.9
1446.1
-279.3
79.0
284.8
-205.9
66.2
1580.2
1368.3
-113.9
472.9
444.9
28.0
-58.6
1067.9
1354.0
-300.4
201.5
362.5
-161.0
62.0
1390.9
1794.5
-99.6
272.3
290.4
-18.1
146.6
1475.1
839.9
-254.9
453.1
464.5
-11.4
-99.9
741.5
1130.8
-84.4
495.3
500.4
-5.1
-106.5
826.4
1636.2
-159.3
411.9
353.3
58.5
1.0
1382.6
1866.5
43.1
531.3
461.3
70.0
-29.1
1321.2
16
17
18
19
20
21
22
23
170.3
-226.2
211.7
88.2
-33.4
132.0
145.1
212.7
-25.7
-195.3
-125.4
23
24
25
26
27
Commercial paper
Bonds
Bank loans n.e.c.
Other loans and advances
-69.3
218.7
24.1
-3.2
-71.0
-158.8
5.1
-1.5
59.4
163.2
-11.2
0.3
-2.7
72.8
17.9
0.2
-53.8
-8.4
29.2
-0.3
13.9
89.8
28.2
0.1
55.8
58.9
29.9
0.5
120.2
44.2
47.9
0.5
-51.9
14.0
13.7
-1.5
-256.9
19.1
41.7
0.8
-26.7
-111.0
13.3
-1.0
24
25
26
27
2709.8
1710.8
1263.8
1534.2
1334.9
1486.0
1939.6
1052.6
1105.1
1440.9
1741.0
28
28
By instrument
Open market paper
GSE issues
Agency- and GSE-backed mortgage pool sec.
Corporate bonds
Bank loans n.e.c.
Other loans and advances
Mortgages
By sector
1794.6
901.8
-1844.1
-980.3
-556.4
-703.6
-852.2
-112.0
-1010.4
-494.4
-608.9
-111.4
282.4
623.3
699.0
70.9
225.8
4.7
-125.6
271.7
497.0
-277.5
496.1
33.3
6.8
-448.2
-475.3
415.3
-589.2
-467.5
-282.6
3.4
-101.7
-233.8
186.9
-596.9
-90.2
-144.7
0.2
-67.6
-200.8
162.6
-343.1
-47.4
-67.3
7.2
189.6
-372.1
159.7
-336.6
-103.4
-244.0
3.1
-206.0
-254.3
189.6
-477.2
-62.1
-37.3
-5.0
92.2
11.1
263.7
-399.0
-46.7
-40.4
7.1
-99.8
-479.9
146.5
-382.4
-115.8
-97.4
18.4
31.0
-138.3
124.0
-334.6
-39.7
-141.2
4.2
-294.0
-196.0
116.3
-256.4
12.4
9.8
-0.9
2
3
4
5
6
7
8
1794.6
901.8
-1844.1
-980.3
-556.4
-703.6
-852.2
-112.0
-1010.4
-494.4
-608.9
10
11
12
131.8
0.0
129.4
79.1
-0.2
84.0
-152.6
0.0
-10.3
-133.5
0.0
-42.6
-55.9
0.0
-82.9
-175.6
0.0
204.4
-111.9
0.0
-180.9
-15.6
0.0
44.3
-67.1
0.0
-186.9
-94.4
0.0
-107.7
-46.6
0.0
-81.3
10
11
12
13
14
Savings institutions
Credit unions
104.1
13.4
-67.1
8.3
-169.6
-14.1
-29.0
-0.4
-24.0
-2.0
-61.9
0.8
47.9
3.6
-39.9
-9.6
-33.3
-3.5
-63.6
3.7
40.9
1.6
13
14
15
16
17
18
14.5
282.4
623.3
340.0
26.2
271.7
497.0
-408.1
-6.6
-475.3
415.3
-740.2
-3.2
-233.8
186.9
-520.3
1.8
-200.8
162.6
-270.2
-1.2
-372.1
159.7
-465.8
-0.8
-254.3
189.6
-431.3
1.8
11.1
263.7
-329.6
2.4
-479.9
146.5
-258.1
0.9
-138.3
124.0
-273.2
2.0
-196.0
116.3
-219.9
15
16
17
18
19
20
21
22
Finance companies
REITs
Brokers and dealers
Funding corporations
34.9
10.2
-4.0
114.5
-79.4
-53.8
77.7
466.4
-156.2
-50.0
-49.7
-434.8
-173.9
-2.1
36.9
-65.3
-38.7
31.1
-37.9
-39.5
-143.0
35.7
-19.2
134.5
-66.5
-40.2
134.4
-141.8
-9.7
44.5
-5.9
-67.1
-169.8
75.9
-72.7
36.3
40.2
25.9
-43.4
31.4
-15.3
-22.0
-29.7
-158.8
19
20
21
22
12
2008
2009
2010
2011
2010
Q3
1
2
3
4
5
6
7
8
9
10
Total
2011
Q4
Q1
Q2
Q3
Q4
4504.4
2612.6
-580.4
554.0
778.5
782.4
1087.3
940.5
94.7
946.4
1132.2
-169.4
237.5
905.3
235.9
1228.9
-189.0
1239.0
768.9
95.3
-231.7
-461.9
1443.7
-59.9
154.5
-48.7
-79.9
1579.6
-46.2
97.7
-103.5
-88.2
1066.8
-37.1
-52.2
24.5
247.3
1390.4
-211.8
76.9
263.7
-208.8
1474.4
-64.0
192.4
89.5
238.2
740.4
276.0
-74.3
38.7
-102.1
826.2
-333.3
-110.3
83.5
-196.1
1380.7
-12.4
-9.6
-8.8
-292.9
1320.0
-78.6
-14.7
-15.5
2
3
4
5
6
335.1
533.6
1058.2
139.3
693.7
106.7
90.8
38.8
-774.6
-436.5
-281.6
-115.3
-105.4
-229.8
-514.3
-44.2
132.3
-30.8
-323.1
86.3
-159.5
-294.2
-477.0
-53.5
29.8
-108.7
-373.8
56.5
112.1
-48.1
-394.9
52.6
109.9
-82.7
-384.1
87.5
139.7
-78.0
-303.7
34.6
167.7
85.7
-209.9
170.4
7
8
9
10
Memo:
Funds raised through corporate equities and mutual fund shares
11
12
13
14
15
16
-95.8
294.0
803.9
381.2
164.7
510.0
329.9
958.8
220.4
-462.0
-58.6
11
-460.5
-786.8
263.1
-336.0
313.4
-64.6
-8.0
-278.0
-246.6
-489.9
-60.3
-336.5
-75.6
-360.9
-46.2
-325.6
-206.2
-512.5
-233.9
-606.6
-500.2
-514.8
12
13
147.8
178.6
364.7
-38.5
637.6
31.0
63.6
314.3
490.5
79.1
190.8
389.3
90.1
153.1
411.3
67.6
208.6
570.3
114.8
170.5
405.5
188.5
90.9
1005.0
107.8
198.5
426.6
91.2
281.4
-228.0
-27.0
41.6
441.6
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
4504.4
2612.6
-580.4
554.0
778.5
782.4
1087.3
940.5
94.7
946.4
1132.2
0.1
0.0
-0.7
256.0
4.8
0.0
-0.8
-394.3
99.9
3.0
-0.4
-106.1
1.8
0.0
-0.3
71.7
21.7
0.0
0.0
-16.1
4.4
0.0
-1.1
33.6
-0.8
0.0
0.0
97.4
14.5
0.0
0.0
181.8
25.1
0.0
0.0
-64.1
16.3
0.0
0.0
-32.7
31.1
0.0
0.0
-149.4
2
3
4
5
6
7
8
9
10
-97.5
36.7
316.4
283.4
720.9
1801.9
568.4
524.8
-190.6
724.2
-609.0
-7.9
517.2
-141.8
-499.0
-185.8
266.3
298.4
-182.3
-502.9
821.9
232.8
577.9
-204.7
-112.8
-305.2
112.0
453.7
94.2
-130.6
274.7
476.9
363.6
-149.7
-195.1
2989.5
-511.1
99.1
116.2
-92.6
128.2
510.3
914.1
1.9
-60.3
400.7
426.4
749.2
-687.1
-318.7
-231.0
505.7
549.2
-249.9
20.3
6
7
8
9
10
11
12
13
14
Security RPs
Corporate equities
Mutual fund shares
Trade payables
8.1
-460.5
364.7
202.0
-889.5
263.1
31.0
-170.0
207.8
313.4
490.5
-23.8
-201.3
-8.0
389.3
198.8
-124.5
-246.6
411.3
275.9
-340.8
-60.3
570.3
323.3
-29.8
-75.6
405.5
101.3
104.9
-46.2
1005.0
324.5
-182.0
-206.2
426.6
226.1
-814.0
-233.9
-228.0
272.2
393.1
-500.2
441.6
280.8
11
12
13
14
15
16
17
18
Security credit
Life insurance reserves
Pension fund reserves
Taxes payable
276.5
34.2
201.1
-69.3
-397.9
67.0
125.7
-123.8
-95.9
26.5
135.4
-3.4
123.6
17.2
208.9
11.2
97.6
59.8
139.8
20.3
105.2
49.0
219.9
28.4
203.7
5.3
258.2
33.0
128.2
36.4
140.1
62.7
273.2
57.8
-114.3
-32.2
222.0
110.7
439.2
-6.2
-233.0
34.5
94.1
56.7
15
16
17
18
19
20
15.3
2447.3
-288.5
2050.5
-13.2
-461.3
49.7
1066.7
-38.2
1111.3
16.5
1390.4
-21.3
84.5
-20.7
1295.7
-26.1
1131.7
-49.1
1148.2
-57.0
869.6
19
20
2
3
4
5
21
9039.1
6318.6
-748.5
2177.0
3805.8
3345.3
2919.3
6768.5
3104.3
2361.6
2988.6
21
22
23
24
25
26
27
-1.2
196.5
1.8
-231.4
-36.5
25.8
-0.8
-347.1
30.6
-604.9
-64.0
1959.2
-4.4
-74.4
34.4
466.5
-41.6
-348.7
-1.1
18.2
-20.2
-85.4
-58.0
339.2
-0.7
10.7
27.6
-128.4
-54.6
122.4
-1.9
-56.8
61.0
-393.0
-45.4
328.8
-0.5
36.2
136.6
39.1
-61.5
9.0
-1.0
136.2
54.0
-378.3
-24.7
43.7
-0.7
-99.8
-241.2
-234.0
-73.6
228.5
-0.5
50.6
174.4
-141.5
-135.5
589.6
-0.5
-44.0
123.0
240.3
15.2
-372.2
22
23
24
25
26
27
28
29
30
31
0.0
1.2
-0.1
-53.0
0.0
-3.3
-2.0
12.8
0.0
0.7
-1.0
77.4
0.0
0.0
-1.1
67.5
0.0
0.1
0.9
81.2
0.0
1.1
1.4
135.5
0.0
3.7
-3.0
-50.0
0.0
-62.7
1.3
145.9
0.0
62.6
0.2
18.6
0.0
-4.5
2.9
67.9
0.0
4.9
-0.9
92.6
28
29
30
31
32
9136.1
5338.0
-857.5
1918.0
3746.5
3314.7
2809.6
6854.1
3443.6
1758.3
2930.0
32
13
2008
2009
2010
2011
2010
Q3
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
2011
Q4
Q1
Q2
Q3
Q4
14028.7
14291.5
13938.9
14526.6
15094.4
14605.5
14755.0
14867.8
15012.8
15176.1
15320.8
9772.3
10035.5
9866.1
10245.5
10726.4
10276.6
10417.1
10571.7
10676.0
10784.5
10873.6
1188.4
2175.5
6408.3
1108.9
2272.8
6653.8
1029.6
2167.8
6668.7
1085.5
2301.5
6858.5
1162.3
2483.1
7081.0
1087.5
2299.0
6890.1
1124.7
2358.7
6933.7
1154.5
2437.8
6979.4
1143.8
2478.9
7053.3
1158.3
2503.0
7123.2
1192.7
2512.9
7168.0
3
4
5
2295.2
2087.6
1546.8
1795.1
1914.6
1850.5
1818.0
1853.1
1895.3
1906.6
2003.6
2266.1
2128.7
1707.6
1728.2
1867.6
1743.8
1779.3
1791.1
1841.7
1905.8
1931.8
1637.5
120.2
1104.7
225.0
187.5
1656.3
132.0
1130.9
198.4
195.0
1353.0
123.6
903.9
157.4
168.1
1390.1
118.8
928.2
161.4
181.7
1530.2
120.3
1027.0
187.0
195.9
1416.5
119.4
947.2
165.1
184.9
1447.9
119.3
972.4
168.7
187.5
1460.5
117.3
979.7
174.2
189.2
1506.0
120.2
1011.1
181.4
193.3
1568.7
122.0
1053.1
193.4
200.3
1585.7
121.5
1064.2
199.0
201.0
8
9
10
11
12
628.7
541.7
15.7
80.5
-9.3
472.4
397.2
5.5
69.6
0.1
354.7
296.0
4.4
54.4
-0.1
338.1
287.7
-2.1
47.8
4.7
337.3
286.5
3.7
48.3
-1.2
327.3
278.3
-5.5
46.8
7.7
331.3
281.6
0.8
47.3
1.7
330.6
281.0
0.7
47.2
1.6
335.7
285.1
-1.2
48.0
3.9
337.0
286.2
-6.6
48.2
9.3
346.1
293.8
22.1
49.7
-19.5
13
14
15
16
17
29.1
28.2
0.9
-41.1
-40.2
-0.9
-160.8
-151.5
-9.3
66.9
64.7
2.2
47.0
50.2
-3.2
106.7
105.8
0.9
38.7
41.4
-2.7
62.0
65.7
-3.7
53.6
58.1
-4.5
0.8
4.8
-4.0
71.7
72.2
-0.5
18
19
20
18
19
20
21
-713.1
-709.7
-391.5
-516.9
-576.9
-540.3
-500.2
-571.3
-597.1
-562.3
-576.7
21
22
23
Exports
- Imports
1661.7
2374.8
1846.8
2556.5
1583.0
1974.6
1839.8
2356.7
2087.5
2664.4
1860.6
2400.9
1935.3
2435.5
2024.1
2595.4
2085.3
2682.4
2119.2
2681.6
2121.4
2698.1
22
23
24
2674.2
2878.1
2917.5
3002.8
3030.2
3018.7
3020.2
3014.4
3038.6
3047.3
3020.4
24
2217.8
848.9
1368.9
2381.0
931.7
1449.2
2412.2
986.6
1425.5
2497.5
1054.0
1443.5
2547.8
1072.6
1475.2
2505.6
1066.6
1438.9
2509.7
1059.6
1450.1
2530.7
1059.1
1471.7
2560.4
1077.5
1482.9
2561.0
1084.9
1476.1
2539.1
1068.8
1470.2
25
26
27
456.5
127.4
329.0
497.2
148.4
348.8
505.4
156.1
349.3
505.3
168.8
336.5
482.4
160.3
322.1
513.1
170.8
342.3
510.5
174.7
335.9
483.6
160.9
322.8
478.2
159.6
318.6
486.3
164.0
322.3
481.4
156.6
324.8
28
29
30
123.3
871.0
747.7
169.2
856.1
686.9
152.3
639.8
487.5
189.4
702.9
513.5
266.0
797.0
531.0
207.4
708.9
501.6
184.4
729.4
545.0
227.1
752.1
525.0
261.2
803.2
542.0
267.3
792.2
524.9
308.2
840.4
532.3
31
32
33
14151.9
14460.7
14091.2
14715.9
15360.3
14812.8
14939.4
15094.9
15274.0
15443.4
15629.0
34
-11.3
-1.7
13.8
-1.3
0.5
-11.2
16.3
14.1
-19.2
-0.0
-11.2
3.9
14.4
-7.1
0.0
-11.3
-3.4
14.5
0.2
0.0
-12.0
-3.5
15.5
-0.1
0.1
-11.4
-5.0
14.6
1.8
0.0
-11.6
-3.4
14.8
0.1
0.0
-11.8
-3.6
15.2
0.3
0.0
-12.1
-3.2
15.5
-0.2
0.0
-12.2
-2.8
15.7
-0.6
0.0
-12.0
-4.4
15.8
0.2
0.3
35
36
37
38
39
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) Government inventory investment is included in consumption expenditures.
14
1
2
3
4
5
National Income
Compensation of employees
Wages and other labor income
Employer social insurance contributions
Wage accruals less disbursements
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
12396.4
12609.1
12147.6
12840.1
13427.8
12942.1
13018.8
13232.6
13344.1
13519.3
13615.3
7855.9
7402.2
459.9
-6.3
8068.3
7603.2
470.1
-5.0
7806.4
7343.4
458.0
5.0
7971.4
7498.2
473.2
0.0
8293.0
7794.5
498.5
0.0
8022.2
7546.5
475.7
0.0
8050.8
7573.9
476.9
0.0
8172.5
7681.1
491.4
0.0
8219.7
7725.7
494.0
0.0
8338.3
7837.0
501.3
0.0
8441.3
7934.0
507.3
0.0
2
3
4
5
1090.4
1097.9
941.2
1036.4
1108.8
1057.0
1081.5
1095.6
1106.5
1113.7
1119.3
143.7
231.6
305.9
350.2
403.6
352.8
354.8
385.0
396.9
406.3
426.1
1510.6
1248.4
1362.0
1800.1
1932.1
1833.1
1857.4
1876.4
1937.6
1970.1
1944.3
1691.1
1315.5
1456.3
1780.4
1825.5
1812.6
1652.2
1761.1
1830.2
1867.4
1843.4
1738.4
1042.0
345.5
350.9
1359.9
831.2
122.2
406.6
1455.7
693.5
401.8
360.4
1819.5
942.8
494.7
381.9
1884.8
1000.2
453.2
431.4
1844.5
961.5
487.8
395.3
1742.5
848.9
520.8
372.9
1877.1
974.8
491.5
410.8
1890.6
1006.3
438.9
445.4
1912.9
1013.4
448.7
450.8
1858.7
1006.2
433.8
418.7
10
11
12
13
445.5
293.8
151.7
309.0
227.4
81.6
272.4
175.0
97.4
411.1
229.3
181.8
412.1
245.0
167.1
430.3
239.4
190.9
404.7
212.4
192.3
422.3
238.5
183.8
420.5
252.2
168.3
411.4
250.1
161.3
394.4
239.3
155.1
14
15
16
10
11
12
13
14
15
16
Less:
Taxes on corporate income
Domestic nonfinancial
Domestic financial
17
18
19
20
21
Equals:
Profits after tax
Net dividends
Domestic nonfinancial
Domestic financial
Rest of the world
1292.9
794.5
484.6
165.2
144.8
1050.9
786.9
474.1
132.2
180.5
1183.3
620.0
349.0
167.4
103.6
1408.4
737.3
398.8
216.5
122.0
1472.7
814.3
445.3
200.8
168.2
1414.2
760.5
406.0
223.3
131.2
1337.8
774.8
432.3
227.5
115.0
1454.8
793.8
422.0
222.2
149.6
1470.1
807.4
459.2
204.9
143.3
1501.5
821.4
434.0
176.6
210.8
1464.3
834.6
466.0
199.4
169.2
17
18
19
20
21
22
23
24
25
Undistributed profits
Domestic nonfinancial
Domestic financial
Rest of the world
498.4
263.6
28.7
206.1
264.0
129.6
-91.7
226.1
563.3
169.5
137.0
256.8
671.1
314.7
96.4
259.9
658.4
309.8
85.3
263.2
653.7
316.0
73.6
264.1
563.0
204.2
100.9
257.9
660.9
314.3
85.5
261.1
662.7
294.9
65.7
302.1
680.1
329.3
110.8
240.0
629.7
300.9
79.3
249.5
22
23
24
25
26
-47.2
-44.5
0.6
-39.1
-59.3
-32.0
-90.3
-116.0
-60.4
-45.5
-15.3
26
27
28
29
-180.5
-158.8
-21.7
-67.1
-31.7
-35.4
-94.3
-52.0
-42.3
19.7
47.8
-28.1
106.6
126.3
-19.7
20.5
48.3
-27.8
205.2
214.1
-8.8
115.4
133.6
-18.2
107.3
127.2
-19.9
102.7
123.1
-20.4
100.9
121.4
-20.5
27
28
29
30
31
32
33
34
731.6
870.1
656.7
564.3
535.7
550.1
548.7
556.6
525.6
535.7
525.0
30
1027.2
54.6
103.3
-11.8
1038.6
52.9
123.0
-16.0
1017.9
59.7
132.0
-14.9
1054.0
57.3
136.7
-15.7
1098.7
62.8
134.1
-15.3
1059.0
57.0
140.9
-16.0
1065.5
59.1
135.7
-16.5
1087.4
60.0
134.7
-15.6
1101.1
62.7
133.9
-14.6
1100.0
64.2
133.7
-14.5
1106.1
64.4
134.3
-16.8
31
32
33
34
12396.4
12609.1
12147.6
12840.1
13427.8
12942.1
13018.8
13232.6
13344.1
13519.3
13615.3
35
1476.2
291.3
-12.0
1542.9
311.2
-2.4
1542.4
323.7
77.4
1540.9
334.0
0.8
1597.8
352.2
-23.4
1542.6
335.5
-7.4
1557.0
339.1
24.5
1570.5
343.8
-52.0
1590.5
349.4
-10.0
1607.6
355.2
-38.7
1622.7
360.5
7.2
36
37
38
123.3
169.2
152.3
189.4
266.0
207.4
184.4
227.1
261.2
267.3
308.2
39
14028.7
14291.5
13938.9
14526.6
15094.4
14605.5
14755.0
14867.8
15012.8
15176.1
15320.8
40
Memo:
Calculation of Gross Domestic Product
from National Income: (2)
35
36
37
38
Plus:
Private consumption of fixed capital
Government consumption of fixed capital
Statistical discrepancy
39
Less:
Net U.S. income receipts from rest of the world
40
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.
15
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
Gross saving
2047.7
1908.2
1597.3
1820.4
1959.6
1883.2
1839.3
1895.2
1890.5
1989.4
2063.1
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
280.2
513.2
270.7
226.3
44.3
242.5
-233.0
-245.2
12.2
54.1
739.8
152.5
237.5
-85.0
587.3
-685.7
-613.5
-72.2
-268.8
1027.1
469.6
325.6
143.9
557.6
-1296.0
-1217.9
-78.1
-54.5
1244.5
651.7
533.7
118.0
592.8
-1299.0
-1273.7
-25.3
9.5
1253.3
705.6
611.7
94.0
547.6
-1243.8
-1182.1
-61.7
5.0
1267.9
642.3
547.4
94.9
625.6
-1262.9
-1257.7
-5.2
-56.8
1266.0
677.9
575.8
102.1
588.1
-1322.8
-1287.3
-35.5
-19.1
1239.2
660.3
564.3
96.0
578.9
-1258.3
-1201.1
-57.2
-49.4
1266.2
709.6
608.3
101.4
556.5
-1315.6
-1275.4
-40.2
26.6
1270.4
737.3
625.1
112.3
533.1
-1243.9
-1160.7
-83.2
80.0
1237.3
715.3
649.1
66.3
522.0
-1157.3
-1091.3
-66.1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
1767.5
1476.2
1190.7
840.1
210.1
140.6
285.5
291.3
112.6
178.7
1854.1
1542.9
1248.3
864.3
211.3
172.7
294.6
311.2
120.0
191.2
1866.2
1542.4
1249.9
862.2
210.8
176.9
292.5
323.7
124.7
199.0
1874.9
1540.9
1245.7
856.8
209.7
179.1
295.2
334.0
130.0
204.0
1950.0
1597.8
1294.4
890.1
215.8
188.5
303.4
352.2
137.9
214.3
1878.2
1542.6
1247.2
857.7
209.7
179.8
295.4
335.5
130.5
205.0
1896.1
1557.0
1258.7
865.4
210.8
182.5
298.4
339.1
132.3
206.8
1914.3
1570.5
1270.1
873.4
212.4
184.3
300.4
343.8
134.6
209.2
1939.9
1590.5
1287.8
885.4
214.8
187.6
302.7
349.4
136.8
212.6
1962.8
1607.6
1303.2
896.3
217.0
189.9
304.4
355.2
139.2
216.1
1983.2
1622.7
1316.4
905.4
219.0
192.0
306.3
360.5
141.0
219.5
11
12
13
14
15
16
17
18
19
20
21
2035.7
1905.8
1674.8
1821.3
1936.2
1875.7
1863.8
1843.2
1880.5
1950.7
2070.3
21
22
23
24
25
26
27
28
29
30
31
2751.7
2295.2
1633.3
1162.2
283.7
187.5
661.9
456.5
127.4
329.0
2584.8
2087.6
1558.4
1096.2
267.2
195.0
529.2
497.2
148.4
348.8
2052.2
1546.8
1127.2
756.7
202.4
168.1
419.6
505.4
156.1
349.3
2300.4
1795.1
1388.6
995.5
211.4
181.7
406.5
505.3
168.8
336.5
2397.0
1914.6
1507.8
1088.3
223.6
195.9
406.8
482.4
160.3
322.1
2363.6
1850.5
1452.8
1055.0
212.9
184.9
397.7
513.1
170.8
342.3
2328.5
1818.0
1417.1
1017.7
212.0
187.5
400.9
510.5
174.7
335.9
2336.7
1853.1
1454.7
1052.1
213.4
189.2
398.4
483.6
160.9
322.8
2373.5
1895.3
1490.0
1079.4
217.2
193.3
405.3
478.2
159.6
318.6
2392.9
1906.6
1498.4
1068.0
230.1
200.3
408.2
486.3
164.0
322.3
2484.9
2003.6
1588.2
1153.7
233.5
201.0
415.3
481.4
156.6
324.8
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
-0.1
-10.0
-1.7
-1.7
0.0
0.0
-8.3
10.0
55.0
-45.1
-5.4
-71.0
-51.2
12.6
-3.3
-60.5
-19.8
65.6
114.3
-48.7
0.6
-143.5
-85.7
42.2
-6.0
-121.9
-57.8
144.1
197.0
-52.9
0.7
-85.3
-31.4
17.8
-7.8
-41.5
-53.9
86.0
149.8
-63.8
1.2
-84.5
-43.2
-9.2
-1.6
-32.4
-41.3
85.7
146.2
-60.6
1.2
-58.2
-31.0
-8.2
-8.0
-14.9
-27.1
59.4
132.8
-73.4
0.5
-60.1
5.3
18.7
-2.6
-10.8
-65.4
60.7
129.6
-68.9
0.5
-67.8
-23.8
-8.8
-2.5
-12.5
-44.0
68.4
125.5
-57.1
3.7
-87.3
-46.0
-8.3
-3.4
-34.3
-41.3
91.0
151.2
-60.2
0.4
-85.3
-37.6
-9.6
-0.3
-27.7
-47.7
85.7
149.2
-63.5
0.1
-97.5
-65.4
-10.0
-0.2
-55.2
-32.2
97.6
159.0
-61.4
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
-715.9
-307.8
-182.2
-106.0
-73.6
-2.6
-125.7
-408.1
-315.0
-93.1
-673.6
263.7
-108.8
-9.5
-52.6
-46.7
372.6
-937.3
-756.2
-181.1
-378.0
1243.7
755.4
466.3
14.5
274.6
488.3
-1621.7
-1446.3
-175.4
-479.9
1076.4
541.0
378.0
6.1
156.9
535.4
-1556.3
-1462.3
-94.0
-462.0
997.6
512.0
399.3
-6.2
118.9
485.6
-1459.6
-1350.7
-108.9
-489.1
1010.8
460.3
350.8
4.8
104.7
550.5
-1499.8
-1430.8
-69.0
-465.3
1089.6
538.6
429.3
1.5
107.9
551.0
-1554.9
-1459.2
-95.7
-494.0
972.5
447.5
342.4
1.5
103.5
525.0
-1466.5
-1352.8
-113.7
-496.7
1038.7
543.5
412.6
1.0
130.0
495.2
-1535.4
-1449.4
-86.0
-442.7
1018.0
540.9
424.2
-12.9
129.6
477.1
-1460.7
-1334.7
-125.9
-414.7
961.1
516.0
417.9
-14.3
112.5
445.1
-1375.8
-1265.9
-110.0
42
43
44
45
46
47
48
49
50
51
52
-12.0
-2.4
77.4
0.8
-23.4
-7.4
24.5
-52.0
-10.0
-38.7
7.2
52
53
54
55
56
57
58
59
Addenda:
Disaster losses
Private
Domestic business
Households and institutions
Government
Federal
State and local
0.0
0.0
0.0
0.0
0.0
0.0
0.0
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
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
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
(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).
16
1
2
3
4
5
6
7
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
114.5
209.6
290.1
209.9
161.2
167.0
169.3
133.0
167.5
157.5
186.9
0.0
0.0
0.0
0.0
0.0
0.0
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
0.5
0.0
0.0
0.0
0.5
0.0
25.3
0.0
0.0
0.0
25.3
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
0.0
2
3
4
5
6
7
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
82.8
82.8
53.7
0.0
0.0
0.0
28.7
0.4
0.0
0.0
161.8
161.8
57.1
2.8
67.7
0.1
33.3
0.8
0.0
0.0
224.7
224.7
62.8
0.0
121.9
8.1
31.3
0.6
0.0
0.0
164.6
164.6
73.6
0.0
41.5
12.3
36.4
0.7
0.0
0.0
151.4
151.4
71.4
0.0
32.4
7.3
39.1
1.3
0.0
0.0
146.4
146.4
82.9
0.0
14.9
11.6
35.8
1.2
0.0
0.0
134.4
134.4
79.0
0.0
10.8
5.8
38.3
0.5
0.0
0.0
126.7
126.7
67.5
0.0
12.5
7.7
38.5
0.5
0.0
0.0
157.0
157.0
70.9
0.0
34.3
8.6
39.6
3.7
0.0
0.0
151.3
151.3
74.5
0.0
27.7
7.1
41.6
0.4
0.0
0.0
170.5
170.5
72.6
0.0
55.2
5.8
36.5
0.4
0.0
0.0
8
9
10
11
12
13
14
15
16
17
18
19
20
By persons
Estate and gift taxes, federal
Estate and gift taxes, state and local
31.7
26.5
5.3
34.0
28.3
5.8
25.1
20.6
4.5
19.5
15.0
4.5
9.8
5.1
4.7
20.0
15.5
4.6
9.6
5.0
4.6
6.3
1.5
4.8
10.4
5.7
4.8
6.2
1.5
4.7
16.4
11.8
4.6
18
19
20
21
22
23
0.0
0.0
0.0
6.2
6.2
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
21
22
23
24
114.5
209.6
290.1
209.9
161.2
167.0
169.3
133.0
167.5
157.5
186.9
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
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
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
53.8
41.5
0.0
41.5
4.6
0.0
4.6
7.8
0.0
7.8
39.7
32.4
0.0
32.4
5.7
0.0
5.7
1.6
0.0
1.6
26.5
14.9
0.0
14.9
3.6
0.0
3.6
8.0
0.0
8.0
16.6
10.8
0.0
10.8
3.2
0.0
3.2
2.6
0.0
2.6
20.2
12.5
0.0
12.5
5.2
0.0
5.2
2.5
0.0
2.5
42.8
34.3
0.0
34.3
5.1
0.0
5.1
3.4
0.0
3.4
34.8
27.7
0.0
27.7
6.8
0.0
6.8
0.3
0.0
0.3
61.0
55.2
0.0
55.2
5.6
0.0
5.6
0.2
0.0
0.2
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
85.4
26.5
26.5
58.9
0.0
5.3
53.7
0.0
91.1
28.3
28.3
62.8
0.0
5.8
57.1
0.0
87.9
20.6
20.6
67.3
0.0
4.5
62.8
0.0
93.3
15.0
15.0
78.3
0.0
4.5
73.6
0.2
81.2
5.1
5.1
76.1
0.0
4.7
71.4
0.0
103.5
15.5
15.5
88.0
0.0
4.6
82.9
0.5
88.7
5.0
5.0
83.7
0.0
4.6
79.0
0.1
73.8
1.5
1.5
72.3
0.0
4.8
67.5
0.0
81.3
5.7
5.7
75.7
0.0
4.8
70.9
0.0
80.7
1.5
1.5
79.2
0.0
4.7
74.5
0.0
89.0
11.8
11.8
77.2
0.0
4.6
72.6
0.0
35
36
37
38
39
40
41
42
43
44
45
By persons
Disaster-related insurance benefits
Other
28.7
0.0
28.7
42.6
9.3
33.3
71.7
0.0
71.7
62.0
0.0
62.0
39.1
0.0
39.1
35.8
0.0
35.8
63.5
0.0
63.5
38.5
0.0
38.5
39.6
0.0
39.6
41.6
0.0
41.6
36.5
0.0
36.5
43
44
45
46
47
48
0.4
0.4
0.0
0.8
0.8
0.0
0.6
0.6
0.0
0.7
0.7
0.0
1.3
1.3
0.0
1.2
1.2
0.0
0.5
0.5
0.0
0.5
0.5
0.0
3.7
3.7
0.0
0.4
0.4
0.0
0.4
0.4
0.0
46
47
48
-0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-0.0
0.0
-67.5
-60.5
7.6
-29.7
-29.3
-0.4
-3.2
-6.9
-28.3
-3.7
-3.3
-89.6
-121.9
0.0
-18.2
-18.2
0.0
-11.3
-87.1
-5.3
38.3
-6.0
-28.0
-41.5
0.0
2.4
2.4
0.0
-1.5
-40.2
-2.2
21.3
-7.8
-39.7
-32.4
0.0
2.9
2.9
0.0
0.0
-31.9
-3.4
-5.7
-1.6
-26.0
-14.9
0.0
4.3
4.3
0.0
-6.0
-13.2
0.0
-3.2
-8.0
8.7
-10.8
0.0
-0.4
-0.4
0.0
0.0
-10.4
0.0
22.1
-2.6
-20.2
-12.5
0.0
13.5
13.5
0.0
0.0
-12.4
-13.6
-5.2
-2.5
-42.8
-34.3
0.0
-0.3
-0.3
0.0
0.0
-34.0
0.0
-5.1
-3.4
-34.8
-27.7
0.0
-1.4
-1.4
0.0
0.0
-26.3
0.0
-6.8
-0.3
-61.0
-55.2
0.0
-0.0
-0.0
0.0
0.0
-55.1
0.0
-5.6
-0.2
49
50
51
52
53
54
55
56
57
58
59
-2.6
56.3
-58.9
70.6
133.5
-62.8
136.8
204.1
-67.3
71.2
149.6
-78.3
70.2
146.3
-76.1
43.0
131.0
-88.0
45.7
129.4
-83.7
52.9
125.2
-72.3
75.7
151.4
-75.7
70.7
149.9
-79.2
81.6
158.8
-77.2
60
61
62
3.0
-8.6
-46.6
-42.6
-29.3
-15.8
-53.8
-32.2
-29.2
-35.5
-20.2
63
-0.4
5.4
-0.6
-0.7
-1.3
-1.2
-0.5
-0.5
-3.7
-0.4
-0.4
64
60
61
62
63
64
(1) This table is based on NIPA table 5.10 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 Flow of Funds Accounts.
17
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
1496.1
757.0
119.4
363.3
466.3
149.8
941.3
618.3
206.3
516.8
523.9
2
3
4
5
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
15.4
-5.0
492.1
234.4
-23.7
240.5
193.0
236.2
-6.4
58.7
102.4
-270.4
4.3
-166.2
215.9
-186.4
-1.6
124.7
289.9
-22.5
2.0
-107.4
236.8
-132.8
5.8
-107.9
116.9
-217.3
10.9
51.9
-10.1
86.5
-3.8
26.1
817.6
59.3
-2.0
342.8
157.4
-24.6
-11.4
77.9
194.8
-211.1
2
3
4
5
-128.2
-10.2
-6.0
-41.0
313.9
43.6
208.3
-845.9
209.1
-134.5
-101.3
-2.4
151.7
97.6
40.9
-213.9
-108.4
1.4
256.9
28.7
-2.8
419.6
-566.2
130.0
-140.2
88.0
299.8
322.6
28.8
-3.3
361.5
91.1
61.2
-341.5
-72.1
196.9
-212.2
-5.3
-2.7
-153.9
-22.9
-78.5
-105.2
-142.5
298.8
-94.2
35.4
-2.6
-30.3
13.8
-32.5
-505.5
-1.9
429.4
849.4
1.7
-3.5
356.0
287.8
146.6
187.1
-342.3
216.1
285.2
17.7
-4.6
-892.4
432.0
-5.3
-105.2
76.4
766.7
-853.6
-11.9
-3.9
-451.7
-154.8
-123.8
-18.4
-276.7
187.5
-789.1
-18.5
-2.8
154.3
-329.0
-73.1
-294.1
-29.3
-196.6
508.6
-8.4
0.3
574.2
-39.7
-111.7
-3.0
-340.6
437.6
6
7
8
9
10
11
12
13
14
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
18.0
201.1
61.7
125.7
23.7
135.4
9.0
208.9
52.6
139.8
41.5
219.9
-2.8
258.2
30.9
140.1
54.0
-114.3
101.1
439.2
24.5
94.1
15
16
17
668.3
57.9
-180.8
-44.8
95.6
-15.9
39.0
22.9
221.1
291.9
-153.6
17
18
19
20
21
22
23
2063.9
622.2
345.3
1106.8
-11.3
0.9
1826.4
466.8
330.4
1041.3
-11.2
-0.9
1576.1
350.3
281.0
965.3
-11.2
-9.3
1622.8
335.5
280.2
1016.2
-11.3
2.2
1715.0
334.8
307.3
1088.1
-12.0
-3.2
1617.2
325.1
284.5
1018.1
-11.4
0.9
1655.5
328.8
288.0
1052.9
-11.6
-2.7
1685.0
328.3
291.5
1080.8
-11.8
-3.7
1688.9
333.1
301.6
1070.8
-12.1
-4.5
1717.9
334.4
315.4
1084.3
-12.2
-4.0
1768.2
343.5
320.6
1116.6
-12.0
-0.5
18
19
20
21
22
23
24
25
26
27
1346.1
269.8
202.2
874.0
1412.4
272.2
233.7
906.5
1420.5
266.0
237.3
917.2
1420.3
266.7
238.3
915.3
1423.7
276.6
243.3
903.9
1421.3
267.0
238.2
916.1
1427.7
269.5
240.3
917.9
1401.5
271.8
241.6
888.1
1415.4
275.3
242.8
897.3
1432.8
278.3
243.8
910.8
1445.3
280.9
245.1
919.3
24
25
26
27
28
717.8
414.0
155.6
202.5
291.2
195.9
227.8
283.5
273.5
285.0
322.9
28
352.4
143.0
232.8
-11.3
0.9
194.7
96.7
134.8
-11.2
-0.9
84.3
43.6
48.1
-11.2
-9.3
68.8
41.9
100.9
-11.3
2.2
58.2
64.0
184.3
-12.0
-3.2
58.1
46.3
102.0
-11.4
0.9
59.3
47.8
135.0
-11.6
-2.7
56.4
50.0
192.7
-11.8
-3.7
57.8
58.8
173.5
-12.1
-4.5
56.1
71.6
173.6
-12.2
-4.0
62.6
75.5
197.3
-12.0
-0.5
29
30
31
32
33
1504.9
328.3
-287.3
-379.6
-62.5
-386.4
111.1
-68.0
-30.1
-274.1
122.1
34
711.1
286.4
139.3
3.6
33.4
330.9
-101.1
230.8
38.8
5.9
-160.7
314.6
-186.8
22.0
-115.3
0.7
38.1
-46.1
-336.5
-105.2
-44.2
3.4
75.2
27.6
-235.3
-28.8
86.3
2.4
-39.7
152.6
-289.0
-111.4
-53.5
4.6
66.7
-3.8
-202.3
-80.8
56.5
3.8
178.0
155.8
-301.0
-29.4
52.6
1.2
150.2
58.4
-268.0
-28.2
87.5
2.8
-11.5
187.4
-204.4
-26.8
34.6
3.7
-243.7
162.6
-167.7
-30.6
170.4
1.6
-53.6
202.1
35
36
37
38
39
40
3.0
-11.9
-52.6
-50.3
-30.8
-23.8
-56.4
-34.7
-32.6
-35.7
-20.4
41
29
30
31
32
33
34
35
36
37
38
39
40
41
42
712.0
830.8
509.7
895.0
789.2
708.4
1001.6
935.1
477.3
1040.2
704.3
42
43
44
232.8
0.1
134.8
-0.6
48.1
0.5
100.9
-1.7
184.3
-0.4
102.0
-2.1
135.0
-0.4
192.7
-2.1
173.5
-0.1
173.6
0.5
197.3
-0.0
43
44
45
479.1
696.7
461.1
795.9
605.4
608.5
867.0
744.5
303.9
866.1
507.0
45
46
248.7
592.3
552.6
592.8
547.6
625.6
588.1
578.9
556.5
533.1
522.0
46
47
Difference
230.4
104.4
-91.5
203.1
57.8
-17.2
278.9
165.6
-252.6
333.0
-15.0
47
48
Memo:
Disposable personal income
10423.6
11024.5
10788.8
11179.7
11602.3
11240.4
11336.7
11481.0
11559.2
11647.7
11721.3
48
49
50
51
52
7.5
6.3
5.4
0.9
4.7
4.3
5.1
-0.8
8.0
7.1
5.3
1.8
6.8
5.2
4.7
0.5
6.3
5.4
5.6
-0.2
8.8
7.6
5.2
2.5
8.1
6.5
5.0
1.4
4.1
2.6
4.8
-2.2
8.9
7.4
4.6
2.9
6.0
4.3
4.5
-0.1
49
50
51
52
6.8
4.6
2.4
2.2
(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).
18
1
2
3
4
5
Personal income
- Personal current taxes
= Disposable personal income
- Personal outlays
= Personal saving, NIPA (2)
6
7
8
9
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
11912.3
1488.7
10423.6
10174.9
248.7
12460.2
1435.7
11024.5
10432.2
592.3
11930.2
1141.4
10788.8
10236.3
552.6
12373.5
1193.9
11179.7
10586.9
592.8
13004.5
1402.2
11602.3
11054.6
547.6
12453.2
1212.8
11240.4
10614.8
625.6
12577.6
1240.9
11336.7
10748.6
588.1
12846.9
1365.9
11481.0
10902.1
578.9
12955.3
1396.2
11559.2
11002.6
556.5
13056.8
1409.1
11647.7
11114.6
533.1
13158.8
1437.6
11721.3
11199.3
522.0
1
2
3
4
5
0.1
232.8
1161.8
3.0
-0.6
134.8
1201.2
-8.6
0.5
48.1
1209.7
-46.6
-1.7
100.9
1210.6
-42.6
-0.4
184.3
1207.3
-29.3
-2.1
102.0
1211.5
-15.8
-0.4
135.0
1216.3
-53.8
-2.1
192.7
1188.5
-32.2
-0.1
173.5
1200.0
-29.2
0.5
173.6
1215.2
-35.5
-0.0
197.3
1225.6
-20.2
6
7
8
9
10
1640.4
1936.2
1857.4
1945.0
1968.1
1952.8
1992.8
1990.2
1959.1
1957.9
1965.0
10
11
Gross investment
1870.8
2040.6
1766.0
2148.1
2025.8
1935.6
2271.7
2155.8
1706.5
2290.9
1950.0
11
1757.4
541.7
1106.8
120.2
-11.3
1559.3
397.2
1041.3
132.0
-11.2
1373.7
296.0
965.3
123.6
-11.2
1411.3
287.7
1016.2
118.8
-11.3
1482.9
286.5
1088.1
120.3
-12.0
1404.5
278.3
1018.1
119.4
-11.4
1442.2
281.6
1052.9
119.3
-11.6
1467.3
281.0
1080.8
117.3
-11.8
1464.0
285.1
1070.8
120.2
-12.1
1480.3
286.2
1084.3
122.0
-12.2
1519.9
293.8
1116.6
121.5
-12.0
12
13
14
15
16
17
12
13
14
15
16
Capital expenditures
Residential
Consumer durable goods
Nonprofit nonresidential
Nonproduced nonfinancial assets
17
113.4
481.3
392.3
736.8
542.9
531.2
829.5
688.5
242.5
810.6
430.1
18
1029.5
359.7
210.6
556.7
403.0
307.3
938.3
605.5
162.4
416.2
427.7
18
19
20
21
22
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
15.4
-71.8
477.2
232.2
-23.7
236.8
194.3
235.1
-6.4
38.2
107.2
-268.7
4.3
-145.0
230.3
-183.4
-1.6
119.5
287.4
-23.0
2.0
-87.9
250.0
-130.0
5.8
-104.6
119.0
-216.9
10.9
51.0
-9.8
86.6
-3.8
22.7
816.2
59.0
-2.0
335.5
153.4
-25.4
-11.4
68.9
189.6
-212.2
19
20
21
22
23
502.2
-6.0
-140.4
188.0
-381.6
-530.1
962.2
-569.8
-781.2
-572.4
397.0
23
-10.2
-50.0
-6.0
-44.0
313.9
44.1
208.3
8.5
-12.4
-101.3
156.8
-2.4
159.2
97.6
41.3
-213.9
12.2
1.4
28.7
422.5
-2.8
425.2
-566.2
129.8
-140.2
-5.3
-9.7
28.8
360.1
-3.3
363.4
91.1
61.4
-341.5
-0.6
-11.3
-5.3
-157.0
-2.7
-154.3
-22.9
-78.5
-105.2
-1.5
-11.3
35.4
-31.1
-2.6
-28.5
13.8
-32.3
-505.5
2.0
-12.3
1.7
352.8
-3.5
356.3
287.8
146.6
187.1
-0.8
-13.0
17.7
-896.9
-4.6
-892.4
432.0
-5.3
-105.2
-1.6
-10.4
-11.9
-455.8
-3.9
-451.9
-154.8
-123.8
-18.4
-3.3
-13.3
-18.5
150.9
-2.8
153.7
-329.0
-73.2
-294.1
-1.0
-7.6
-8.4
573.8
0.3
573.5
-39.7
-111.8
-3.0
-0.1
-13.9
24
25
26
27
28
29
30
31
32
-845.9
209.1
210.8
18.0
201.1
15.3
66.1
-108.4
1.4
-123.8
61.7
125.7
-288.5
55.1
88.0
299.8
-74.1
23.7
135.4
-13.2
21.1
-72.1
196.9
25.7
9.0
208.9
49.7
44.4
-142.5
298.8
58.1
52.6
139.8
-38.2
33.7
-1.9
429.4
43.2
41.5
219.9
16.5
54.7
-342.3
216.1
-10.1
-2.8
258.2
-21.3
75.0
76.4
766.7
36.2
30.9
140.1
-20.7
7.1
-276.7
187.5
217.7
54.0
-114.3
-26.1
7.5
-29.3
-196.6
188.7
101.1
439.2
-49.1
73.0
-340.6
437.6
-210.3
24.5
94.1
-57.0
47.4
33
34
35
36
37
38
39
916.1
-121.6
-181.7
-180.1
-140.0
-223.9
108.8
-83.0
-80.0
-394.4
-2.4
40
867.0
13.7
-230.9
-279.3
-113.9
-300.4
-99.6
-254.9
-84.4
-159.3
43.1
41
677.2
139.3
20.6
13.4
3.2
13.3
-54.2
38.8
8.0
18.0
6.2
-3.0
-145.3
-115.3
6.0
30.1
0.5
-6.9
-299.2
-44.2
-2.3
76.5
2.4
-12.6
-213.2
86.3
-7.8
26.3
1.9
-7.3
-258.8
-53.5
-10.9
32.5
4.5
-14.2
-183.9
56.5
5.9
32.2
1.3
-11.6
-274.0
52.6
-1.4
-25.8
0.9
-7.2
-243.5
87.5
-4.7
81.3
2.1
-7.0
-184.8
34.6
-18.5
12.9
3.7
-7.2
-150.3
170.4
-6.7
36.8
0.7
-7.8
42
43
44
45
46
47
33.4
14.6
-160.7
22.2
38.1
16.0
75.2
21.4
-39.7
14.0
66.7
21.6
178.0
21.6
150.2
20.0
-11.5
14.0
-243.7
13.6
-53.6
8.5
48
49
1.0
3.2
-4.9
2.7
-0.4
-11.8
8.7
1.7
1.9
-5.0
-0.4
50
-230.4
-104.4
91.5
-203.1
-57.8
17.2
-278.9
-165.6
252.6
-333.0
15.0
51
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
(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 loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table F.218, line 24.
(8) 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.109, line 17.
19
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
2208.0
2030.6
1748.8
2099.4
2247.5
2139.5
2052.1
2202.5
2249.0
2266.6
2271.7
1251.0
1318.9
1365.0
1585.8
1705.5
1623.9
1592.2
1636.3
1717.8
1722.7
1745.3
Gross investment
1125.1
384.0
1541.0
1493.4
1664.6
1526.0
1404.2
1533.8
1635.3
1713.1
1776.1
1453.4
1379.6
963.2
1198.8
1309.6
1255.2
1224.6
1260.3
1289.6
1286.0
1402.3
1426.0
96.2
1329.8
1404.4
75.1
1329.3
1120.0
58.8
1061.2
1135.3
45.7
1089.6
1266.0
52.0
1214.0
1153.5
41.3
1112.3
1189.2
48.1
1141.2
1201.9
48.0
1153.9
1239.3
46.8
1192.5
1288.0
41.5
1246.5
1334.9
71.8
1263.2
5
6
7
29.1
-1.7
-41.1
16.3
-160.8
3.9
66.9
-3.4
47.0
-3.5
106.7
-5.0
38.7
-3.4
62.0
-3.6
53.6
-3.2
0.8
-2.8
71.7
-4.4
8
9
Capital expenditures
5
6
7
Fixed investment
Residential
Nonresidential
8
9
Change in inventories
Nonproduced nonfinancial assets
10
-328.3
-995.6
577.9
294.6
355.0
270.8
179.7
273.5
345.7
427.1
373.8
10
11
1554.3
-506.7
208.0
689.2
969.0
884.8
736.5
1023.0
981.3
802.2
1069.5
11
12
13
14
15
16
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
Security RPs
0.9
58.4
-40.7
130.2
-7.5
-25.5
-104.9
-60.7
159.3
-0.9
6.8
147.8
102.1
-58.1
0.7
40.5
257.8
-31.6
-131.6
4.4
22.1
232.1
130.3
-50.1
-0.6
41.8
234.0
118.6
-13.1
-10.7
48.6
373.0
-0.6
-17.5
22.5
28.1
229.1
201.6
-80.6
2.5
20.8
230.5
97.1
-65.4
-2.9
20.7
233.5
108.9
-87.9
-2.8
18.7
235.3
113.5
33.5
0.8
12
13
14
15
16
17
-69.1
-43.0
2.9
10.2
3.7
48.5
-62.0
10.8
8.9
0.9
-5.7
17
-53.2
-4.1
-2.4
0.6
-11.0
1.0
-12.2
-15.4
-2.6
-3.4
-10.7
1.2
-1.3
6.8
4.2
1.1
-5.3
-2.6
15.5
-1.5
0.9
-6.5
-5.6
7.5
3.3
7.8
-0.2
-1.6
-3.8
-1.8
41.8
3.0
2.4
4.6
-5.5
2.3
-10.2
-40.3
-11.2
-2.0
-4.3
6.1
39.4
-2.5
-7.1
-2.2
-4.1
-12.6
-28.5
30.0
10.0
-1.1
-4.0
2.4
2.4
-0.1
-7.5
-1.2
-3.7
11.0
0.0
3.9
3.8
-1.9
-3.5
-8.0
18
19
20
21
22
23
0.2
217.8
1264.1
-6.1
-174.9
-250.0
40.4
-56.9
22.3
16.8
110.4
412.3
16.8
182.8
431.9
16.8
174.0
274.7
16.8
127.0
228.7
16.8
174.6
440.1
16.8
187.9
487.6
16.8
178.2
333.9
16.8
190.4
466.2
24
25
26
1882.7
488.9
-369.9
394.6
614.0
614.0
556.8
749.5
635.6
375.1
695.7
27
1288.5
664.1
-272.4
79.0
472.9
201.5
272.3
453.1
495.3
411.9
531.3
28
18
19
20
21
22
23
24
25
26
27
28
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Mortgages
Consumer credit
Mutual fund shares
Trade receivables
Miscellaneous assets
Net increase in liabilities
Credit market instruments
29
30
31
Commercial paper
Municipal securities
Corporate bonds
11.3
69.0
311.2
7.7
68.2
204.6
-73.1
37.8
377.2
24.5
34.7
420.6
33.3
15.1
376.0
43.8
26.3
510.6
-58.7
41.9
507.7
25.9
27.4
393.5
49.6
1.7
451.9
29.7
9.0
306.7
27.9
22.3
351.9
29
30
31
32
33
34
226.8
307.2
363.0
174.6
67.9
141.2
-326.1
-155.5
-132.8
-109.5
-88.6
-202.7
124.4
34.1
-109.9
-116.8
-55.4
-207.0
29.8
-75.3
-173.3
136.8
-9.6
-120.8
130.7
13.4
-152.0
124.7
57.6
-116.0
105.2
75.0
-50.9
32
33
34
-786.8
111.1
-45.8
1302.8
-336.0
-219.4
9.8
670.3
-64.6
-77.6
-9.5
63.8
-278.0
141.0
-1.8
405.0
-489.9
230.4
10.0
426.5
-336.5
204.2
-4.1
524.0
-360.9
111.6
8.7
550.1
-325.6
228.0
29.5
376.6
-512.5
238.0
-25.7
466.7
-606.6
236.1
10.8
379.4
-514.8
219.7
25.5
483.6
35
36
37
38
12.8
-300.0
-9.6
49.3
-36.1
25.0
-25.0
-12.1
-26.1
-56.5
-49.6
39
126.0
934.9
-176.1
92.4
40.9
97.9
188.0
102.5
82.4
9.6
-30.8
40
35
36
37
38
Corporate equities
Trade payables
Taxes payable
Miscellaneous liabilities
39
40
Discrepancy
(1) Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
20
1
2
3
4
5
6
7
8
9
10
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
1042.0
293.8
484.6
681.8
945.4
168.5
-47.2
-0.0
1066.8
831.2
227.4
474.1
831.6
961.2
183.9
-44.5
-3.7
1104.4
693.5
175.0
349.0
808.7
978.2
207.7
0.6
38.3
1148.1
942.8
229.3
398.8
902.5
1217.2
211.4
-39.1
21.3
1368.3
1000.2
245.0
445.3
1016.2
1326.0
215.0
-59.3
-5.7
1487.5
961.5
239.4
406.0
903.4
1219.5
215.5
-32.0
-3.2
1406.1
848.9
212.4
432.3
1077.7
1281.9
208.7
-90.3
22.1
1378.2
974.8
238.5
422.0
1005.0
1319.3
212.3
-116.0
-5.2
1420.8
1006.3
252.2
459.2
1012.6
1307.5
246.6
-60.4
-5.1
1498.9
1013.4
250.1
434.0
1017.5
1346.8
196.7
-45.5
-6.8
1504.8
1006.2
239.3
466.0
1029.6
1330.5
204.5
-15.3
-5.6
1525.4
1
2
3
4
5
6
7
8
9
940.8
169.5
1324.2
1275.9
1446.5
1308.2
1190.2
1318.3
1416.5
1495.2
1556.2
10
11
12
13
14
Capital expenditures
Fixed investment (3)
Inventory change + IVA
Nonproduced nonfinancial assets
1146.9
1120.4
28.2
-1.7
1112.4
1136.4
-40.2
16.3
760.8
908.3
-151.5
3.9
987.4
926.1
64.7
-3.4
1077.4
1030.7
50.2
-3.5
1042.5
941.7
105.8
-5.0
1011.3
973.2
41.4
-3.4
1042.6
980.5
65.7
-3.6
1064.7
1009.8
58.1
-3.2
1048.4
1046.4
4.8
-2.8
1154.1
1086.2
72.2
-4.4
11
12
13
14
15
-206.1
-943.0
563.4
288.5
369.1
265.7
179.0
275.7
351.8
446.8
402.2
15
16
1074.9
-604.0
308.7
833.3
941.7
1017.3
758.5
1022.2
963.5
758.0
1022.9
16
17
18
19
20
21
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
Security RPs
0.9
-8.5
-55.7
128.1
-7.5
-25.5
-108.7
-59.4
158.2
-0.9
6.8
127.4
106.9
-56.5
0.7
40.5
279.0
-17.2
-128.6
4.4
22.1
226.9
127.7
-50.6
-0.6
41.8
253.5
131.9
-10.3
-10.7
48.6
376.3
1.6
-17.0
22.5
28.1
228.1
201.9
-80.5
2.5
20.8
227.1
95.7
-65.7
-2.9
20.7
226.2
104.9
-88.8
-2.8
18.7
226.3
108.3
32.4
0.8
17
18
19
20
21
22
-79.1
-32.2
9.6
13.9
3.1
51.9
-61.5
10.9
8.5
-0.2
-7.0
22
-53.2
-7.1
-2.4
1.1
-18.4
1.0
-12.2
-7.9
-2.6
-3.0
-7.7
1.2
-1.3
12.5
4.2
0.9
-4.1
-2.6
15.5
0.4
0.9
-6.3
-4.1
7.5
3.3
7.5
-0.2
-1.6
-4.1
-1.8
41.8
4.7
2.4
4.8
-4.1
2.3
-10.2
-40.0
-11.2
-2.0
-4.1
6.1
39.4
-2.4
-7.1
-2.2
-4.1
-12.6
-28.5
29.9
10.0
-1.1
-4.1
2.4
2.4
-0.7
-7.5
-1.2
-4.1
11.0
0.0
3.3
3.8
-2.0
-4.1
-8.0
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
0.2
163.1
-6.1
-172.0
40.4
-30.6
16.8
130.6
16.8
179.2
16.8
192.6
16.8
130.1
16.8
175.1
16.8
186.0
16.8
172.6
16.8
183.2
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
933.4
307.0
8.3
0.1
-54.8
672.7
-357.5
262.6
10.9
-0.1
-1.1
-629.9
104.0
279.8
-0.9
0.0
-9.3
-165.7
493.9
322.1
3.0
0.1
20.3
148.4
417.1
365.2
5.3
-0.0
21.5
25.1
349.7
267.5
7.4
0.3
-1.4
75.9
241.2
365.0
-5.6
0.3
-10.9
-107.5
439.2
348.0
0.6
0.3
69.0
21.4
477.1
504.8
22.9
-0.3
17.9
-68.2
308.5
280.4
13.9
-0.3
-1.3
15.7
443.5
327.8
-16.2
0.1
0.5
131.3
31
32
33
34
35
36
1281.0
339.0
-254.7
544.8
572.6
751.5
579.5
746.5
611.8
311.2
620.8
37
37.0
4.8
-196.9
6.9
-45.0
26.0
-70.4
138.9
-12.1
-253.3
-53.4
38
-786.8
-336.0
-64.6
-278.0
-489.9
-336.5
-360.9
-325.6
-512.5
-606.6
-514.8
39
823.8
340.8
-132.3
284.8
444.9
362.5
290.4
464.5
500.4
353.3
461.3
40
11.3
69.0
311.2
86.0
290.4
55.9
7.7
68.2
204.6
55.0
51.0
-45.7
-73.1
37.8
377.2
-209.8
-144.4
-120.2
24.5
34.7
420.6
-25.6
-96.5
-72.8
33.3
15.1
376.0
51.0
35.9
-66.3
43.8
26.3
510.6
-47.5
-90.9
-79.7
-58.7
41.9
507.7
-27.5
-87.4
-85.7
25.9
27.4
393.5
97.2
-7.8
-71.6
49.6
1.7
451.9
73.3
30.1
-106.2
29.7
9.0
306.7
27.7
57.0
-76.7
27.9
22.3
351.9
5.8
64.2
-10.7
41
42
43
44
45
46
85.1
-49.6
1208.6
211.6
4.4
992.6
-225.2
3.1
556.2
189.5
0.7
366.0
-85.3
-3.3
30.7
112.0
2.5
-83.8
161.1
3.4
373.5
186.2
-1.3
188.6
224.5
9.1
383.9
198.4
0.2
185.3
232.4
0.6
492.5
250.4
-0.8
242.9
123.2
9.5
517.3
203.3
-0.9
314.8
236.2
29.6
341.7
100.2
-0.6
242.2
224.0
-26.2
426.1
176.8
-0.1
249.4
221.3
9.4
333.8
270.3
0.5
63.0
216.5
23.6
434.1
246.5
1.0
186.6
47
48
49
50
51
52
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
Commercial paper
Municipal securities (5)
Corporate bonds (4)
Bank loans n.e.c.
Other loans and advances (6)
Mortgages
Trade payables
Taxes payable
Miscellaneous liabilities
Foreign direct investment in U.S.
Pension fund contributions payable
Other
53
Discrepancy
126.0
934.9
-176.1
92.4
40.9
97.9
188.0
102.5
82.4
9.6
-30.8
53
54
Memo:
Financing gap (7)
248.7
195.7
-218.0
-190.7
-189.3
-145.0
-180.3
-160.7
-182.4
-252.9
-161.2
54
21
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
184.3
211.3
210.8
209.7
216.4
209.8
211.4
213.0
215.4
217.6
219.7
184.3
214.5
216.8
217.5
218.0
217.8
214.0
215.5
218.8
217.9
219.9
Gross investment
184.3
214.5
216.8
217.5
218.0
217.8
214.0
215.5
218.8
217.9
219.9
306.5
305.6
0.9
267.2
268.0
-0.9
202.4
211.7
-9.3
211.4
209.2
2.2
232.1
235.3
-3.2
212.7
211.8
0.9
213.3
216.0
-2.7
217.7
221.4
-3.7
224.9
229.4
-4.5
237.6
241.6
-4.0
248.2
248.7
-0.5
4
5
6
4
5
6
Capital expenditures
Fixed investment (2)
Change in inventories
-122.2
-52.6
14.5
6.1
-14.1
5.0
0.7
-2.2
-6.1
-19.7
-28.3
479.4
97.2
-100.8
-144.1
27.3
-132.5
-22.0
0.8
17.8
44.2
46.6
9
10
11
66.9
14.9
2.2
3.8
-1.2
1.0
20.4
-4.8
-1.7
-21.2
-14.4
-3.0
5.2
2.5
0.5
-19.5
-13.2
-2.8
-3.3
-2.2
-0.5
0.9
-0.3
-0.1
3.4
1.4
0.3
7.3
4.0
0.8
9.0
5.2
1.1
9
10
11
12
10.0
-10.9
-6.7
-3.6
0.6
-3.3
-0.6
-0.1
0.3
1.0
1.3
12
3.0
-0.5
7.4
0.0
-7.5
-0.4
-3.0
0.0
-5.7
0.2
-1.2
0.0
-1.9
-0.2
-1.5
0.0
0.3
0.0
0.3
0.0
-1.7
-0.2
-1.4
0.0
-0.3
-0.0
-0.2
0.0
-0.0
-0.0
-0.0
0.0
0.2
0.0
0.1
0.0
0.5
0.1
0.4
0.0
0.7
0.1
0.6
0.0
13
14
15
16
54.7
330.8
3.7
0.7
326.4
-3.0
107.5
3.4
1.2
102.9
-26.3
-81.7
1.0
-0.0
-82.7
-20.3
-81.6
0.1
0.4
-82.1
3.6
14.9
3.8
0.3
10.8
-18.6
-75.0
0.5
1.2
-76.7
-3.0
-12.5
-2.5
-0.1
-9.9
-0.5
0.8
1.6
-0.2
-0.6
1.9
10.5
8.8
0.5
1.2
5.6
25.4
6.6
0.7
18.2
7.3
22.7
-1.6
0.1
24.3
17
18
19
20
21
601.6
149.9
-115.2
-150.2
41.4
-137.5
-22.7
3.0
23.8
63.9
74.9
22
464.7
323.3
-140.1
-205.9
28.0
-161.0
-18.1
-11.4
-5.1
58.5
70.0
23
140.8
16.8
307.1
119.6
16.8
186.9
-116.3
-11.2
-12.6
-83.9
7.9
-129.9
73.4
-1.8
-43.6
-69.3
35.6
-127.3
57.3
12.1
-87.6
39.6
-1.8
-49.2
57.5
-16.8
-45.8
97.1
0.7
-39.2
99.4
10.8
-40.2
24
25
26
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
Bank loans n.e.c.
Other loans and advances
Mortgages
27
28
29
Trade payables
Taxes payable
Miscellaneous liabilities
26.0
3.8
94.2
5.8
6.7
114.1
7.6
-6.3
33.1
-20.0
-5.2
31.6
5.9
0.9
42.6
-28.3
-4.7
31.4
-11.6
-0.8
32.8
-8.2
-0.1
34.8
13.9
0.5
40.6
14.8
1.4
45.6
3.2
1.9
49.5
27
28
29
30
12.8
-300.0
-9.6
49.3
-36.1
25.0
-25.0
-12.1
-26.1
-56.5
-49.6
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.
22
F.105 State and Local Governments, Excluding Employee Retirement Funds (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
2007
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
1923.1
1944.8
1953.6
2064.7
2087.3
2082.1
2099.3
2092.5
2128.0
2062.1
2066.6
323.1
932.7
57.8
18.9
114.5
485.1
-9.1
334.4
944.6
47.4
19.0
106.8
505.0
-12.3
284.8
920.6
47.4
20.2
93.3
597.8
-10.5
297.5
952.6
57.9
20.8
90.9
655.9
-10.8
327.5
987.8
52.1
21.6
89.6
622.1
-13.5
300.5
955.4
57.9
20.9
90.5
668.1
-11.1
313.1
963.6
51.1
21.1
90.3
671.8
-11.6
319.0
980.7
51.7
21.3
90.6
642.1
-12.9
330.8
989.1
54.4
21.6
89.1
656.4
-13.3
325.8
987.8
49.8
21.7
89.6
600.8
-13.4
334.3
993.8
52.5
21.8
89.3
589.1
-14.3
2
3
4
5
6
7
8
1910.8
2017.0
2031.7
2090.0
2149.0
2087.4
2134.8
2149.7
2168.2
2145.3
2132.6
10
11
12
13
14
Consumption expenditures
Govt. social benefit payments to persons
Interest payments
Subsidies
- Wage accruals less disbursements
1368.9
433.7
101.1
7.1
0.0
1449.2
456.7
108.1
3.0
0.0
1425.5
498.1
106.7
1.4
0.0
1443.5
534.6
110.4
1.6
0.0
1475.2
557.2
116.0
0.5
0.0
1438.9
535.5
111.4
1.6
0.0
1450.1
570.6
113.2
1.0
0.0
1471.7
563.6
113.7
0.9
0.0
1482.9
570.4
114.5
0.4
0.0
1476.1
551.6
117.1
0.4
0.0
1470.2
543.3
118.6
0.5
0.0
10
11
12
13
14
15
12.2
-72.2
-78.1
-25.3
-61.7
-5.2
-35.5
-57.2
-40.2
-83.2
-66.1
15
16
17
178.7
-58.9
191.2
-62.8
199.0
-67.3
204.0
-78.3
214.3
-76.1
205.0
-88.0
206.8
-83.7
209.2
-72.3
212.6
-75.7
216.1
-79.2
219.5
-77.2
16
17
18
249.8
181.8
188.3
257.0
228.7
287.8
255.0
224.3
248.1
212.1
230.6
18
19
Gross investment
270.5
201.8
219.4
286.5
242.5
324.7
297.5
241.8
267.8
204.1
256.3
19
329.0
13.8
348.8
14.1
349.3
14.4
336.5
14.5
322.1
15.5
342.3
14.6
335.9
14.8
322.8
15.2
318.6
15.5
322.3
15.7
324.8
15.8
20
21
2
3
4
5
6
7
8
9
2008
20
21
Fixed investment
Nonproduced nonfinancial assets
22
23
-72.4
-161.2
-144.3
-64.6
-95.2
-32.2
-53.1
-96.1
-66.3
-133.9
-84.3
22
111.6
-102.0
5.0
40.0
-114.4
68.4
132.2
-156.8
-133.3
-93.4
-74.0
23
24
25
26
27
-4.8
36.4
6.6
13.0
8.5
19.1
-1.8
-3.5
19.2
10.8
4.1
8.0
6.7
-0.4
5.4
10.6
15.7
17.7
-2.4
-4.6
10.2
6.8
4.8
9.4
3.0
3.6
6.7
13.1
14.1
5.4
-2.4
-4.7
27.9
20.4
-2.4
-4.7
6.5
13.1
-4.6
-9.0
14.4
32.0
-0.1
-0.2
24
25
26
27
28
77.9
-131.8
-36.6
40.8
-84.4
46.2
76.8
-57.4
-106.1
-103.4
-70.7
28
29
30
31
-3.0
18.3
37.0
-64.6
-50.0
-9.9
-54.5
18.8
-17.1
7.0
9.7
10.0
20.8
-59.0
-38.2
32.2
-0.6
6.9
37.0
12.8
17.4
41.3
-61.2
-33.4
13.8
-77.1
-33.4
8.2
-48.1
-45.6
19.8
-49.5
-40.5
29
30
31
32
33
34
Municipal securities
Corporate and foreign bonds
Mortgages
0.5
11.7
13.3
-0.1
-3.1
-4.0
0.3
7.3
8.6
0.4
9.5
4.2
-0.2
-4.2
-3.7
0.3
8.5
-1.1
0.5
11.9
-2.8
-0.2
-4.2
0.2
-0.2
-4.2
-5.0
-0.3
-8.1
-9.6
-0.0
-0.2
-0.2
32
33
34
0.7
-0.1
19.0
13.1
15.9
-7.7
-28.9
-8.5
-3.9
-1.2
-40.8
-11.3
-39.4
-10.8
-27.9
-7.9
-1.1
-0.4
61.9
17.3
-48.7
-13.7
35
36
13.3
2.7
-34.3
-3.6
2.2
-23.2
8.2
-4.8
-12.2
10.8
6.7
-3.0
-4.8
11.2
-57.8
9.7
7.4
25.8
13.5
10.3
55.5
-4.8
8.7
-79.9
-4.8
13.1
-75.2
-9.2
10.1
-76.0
-0.2
13.0
0.0
37
38
39
183.9
59.2
149.2
104.6
-19.2
100.5
185.3
-60.7
-67.1
40.5
10.3
40
35
36
Corporate equities
Mutual fund shares
37
38
39
Trade receivables
Taxes receivable
Miscellaneous assets
40
41
146.9
20.0
111.5
66.2
-58.6
62.0
146.6
-99.9
-106.5
1.0
-29.1
41
42
43
44
45
Municipal securities
Short-term
Other
U.S. government loans
146.2
16.8
129.4
0.7
19.2
4.7
14.4
0.8
110.7
7.7
102.9
0.8
65.3
-0.6
66.0
0.9
-59.5
-10.7
-48.8
0.9
61.5
7.1
54.4
0.5
144.6
5.0
139.6
2.0
-100.3
-8.9
-91.4
0.4
-107.3
-37.9
-69.4
0.8
-0.0
26.0
-26.1
1.1
-30.3
-22.2
-8.2
1.2
42
43
44
45
37.0
39.2
37.7
38.4
39.4
38.6
38.7
39.1
39.5
39.5
39.4
46
-20.7
-20.0
-31.1
-29.4
-13.7
-36.9
-42.6
-17.6
-19.7
8.0
-25.7
47
46
47
Trade payables
Discrepancy
23
1
2
3
4
5
6
7
8
9
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
2654.7
2502.2
2232.5
2429.6
2570.8
2475.4
2470.5
2527.9
2554.1
2583.5
2617.8
1165.6
94.5
362.8
14.7
945.3
29.8
44.8
-2.7
1101.3
94.0
233.7
18.8
973.1
30.7
54.4
-3.7
856.6
97.3
201.7
14.7
948.9
48.1
69.8
-4.4
896.4
101.5
329.6
13.3
970.9
53.1
69.7
-4.8
1074.7
110.8
339.3
15.7
909.3
55.4
67.4
-1.8
912.3
103.6
348.9
13.0
975.5
55.3
71.6
-4.8
927.8
101.9
329.1
13.9
977.9
55.0
69.7
-4.9
1046.8
106.7
345.4
14.3
894.6
54.6
68.1
-2.7
1065.4
112.0
340.0
15.3
900.3
54.9
67.4
-1.2
1083.3
112.3
334.5
17.0
915.1
55.5
66.9
-1.1
1103.2
112.3
337.3
16.3
927.3
56.5
67.2
-2.4
2
3
4
5
6
7
8
9
10
2900.0
3115.7
3450.4
3703.3
3752.9
3733.1
3757.8
3729.0
3829.5
3744.2
3709.0
10
11
12
13
14
15
16
Consumption expenditures
Government social benefits
Other current transfer payments
Interest payments
Subsidies
- Wage accruals less disbursements
848.9
1267.5
423.0
313.2
47.4
0.0
931.7
1401.2
440.7
292.1
49.9
0.0
986.6
1617.9
535.7
251.9
58.3
0.0
1054.0
1724.9
588.8
279.9
55.8
0.0
1072.6
1755.6
550.1
312.4
62.3
0.0
1066.6
1733.0
598.9
279.1
55.4
0.0
1059.6
1747.7
602.9
289.4
58.2
0.0
1059.1
1741.5
571.2
298.0
59.2
0.0
1077.5
1754.3
592.6
342.8
62.2
0.0
1084.9
1762.6
526.3
306.6
63.8
0.0
1068.8
1763.8
510.2
302.3
63.9
0.0
11
12
13
14
15
16
17
-245.2
-613.5
-1217.9
-1273.7
-1182.1
-1257.7
-1287.3
-1201.1
-1275.4
-1160.7
-1091.3
17
18
19
20
21
112.6
0.1
4.7
56.3
120.0
-0.6
4.8
65.8
124.7
0.5
4.9
82.2
130.0
-1.7
4.9
108.1
137.9
-0.4
4.5
113.9
130.5
-2.1
4.9
116.1
132.3
-0.4
4.9
118.6
134.6
-2.1
4.4
112.7
136.8
-0.1
4.4
117.1
139.2
0.5
4.5
122.2
141.0
-0.0
4.6
103.6
18
19
20
21
22
-193.8
-563.5
-1180.8
-1254.9
-1162.1
-1246.1
-1278.0
-1181.5
-1260.0
-1148.7
-1058.4
22
23
24
25
Gross investment
Fixed investment
Nonproduced nonfinancial assets
-217.2
127.4
-1.3
-649.0
148.4
-19.2
-1139.5
156.1
-7.1
-1206.2
168.8
0.2
-1169.7
160.3
-0.1
-934.3
170.8
1.8
-1154.2
174.7
0.1
-1292.1
160.9
0.3
-312.6
159.6
-0.2
-1862.6
164.0
-0.6
-1211.5
156.6
0.2
23
24
25
-343.3
-778.2
-1288.5
-1375.3
-1329.9
-1107.0
-1329.0
-1453.2
-472.0
-2026.0
-1368.3
26
0.2
573.2
232.0
318.2
-129.3
370.5
379.0
-605.3
39.5
-160.3
208.8
27
-0.4
25.1
1.2
6.6
0.0
0.0
-2.2
2.1
6.7
0.0
1.2
-35.5
1.9
4.2
313.1
-1.3
86.5
54.4
0.0
6.0
13.5
12.6
256.3
4.2
-61.9
-28.0
51.9
-174.2
0.3
296.1
142.0
0.6
66.0
12.6
75.0
0.6
-21.1
43.0
35.4
1.6
148.9
0.1
85.3
-47.2
0.3
3.5
-1.8
130.4
24.1
-0.7
62.5
-3.5
21.9
-257.8
-0.3
-2.4
-118.1
-0.1
3.1
4.0
108.7
40.0
1.9
63.7
3.7
4.1
71.7
-0.2
181.3
-43.7
0.4
3.7
-7.2
228.1
19.7
1.5
66.5
26.0
-1.0
175.2
0.8
79.0
-60.7
0.5
-2.2
0.0
141.4
7.3
14.9
84.2
18.6
16.3
-846.0
-1.8
121.9
-43.1
-0.0
8.6
4.9
151.5
33.3
-6.3
78.7
-1.3
24.8
-14.9
0.5
-73.5
-139.1
0.0
-11.8
6.2
71.1
58.0
9.2
28.3
7.2
16.0
-322.1
0.6
15.9
-132.3
-0.3
7.2
-0.1
141.4
10.2
-2.2
119.2
2.1
30.5
151.7
-0.4
-73.8
-158.0
-0.1
8.4
5.2
70.7
58.5
6.9
28.5
7.0
28
29
30
31
32
33
34
35
36
37
38
39
40
343.5
1351.4
1520.5
1693.6
1200.6
1477.4
1708.0
847.9
511.5
1865.6
1577.2
41
0.0
0.0
-0.7
237.1
-6.0
58.8
184.7
-0.4
0.0
29.3
1.2
76.6
33.3
43.3
0.0
0.0
-0.8
1239.2
-2.4
861.6
379.8
0.2
0.0
22.6
1.0
89.5
63.3
26.2
47.6
3.0
-0.4
1443.9
-2.8
-73.3
1519.8
0.1
0.0
-56.2
1.1
81.4
61.9
19.5
0.0
0.0
-0.3
1580.2
-3.3
-19.0
1601.8
0.7
0.0
22.1
0.9
90.6
65.7
24.9
0.0
0.0
0.0
1067.9
-2.7
-249.5
1319.0
1.1
0.0
28.4
1.3
102.9
70.8
32.1
0.0
0.0
-1.1
1390.9
-2.6
26.6
1366.4
0.5
0.0
13.4
0.7
73.5
63.3
10.3
0.0
0.0
0.0
1475.1
-3.5
-59.0
1536.8
0.8
0.0
53.3
2.5
177.1
92.1
85.0
0.0
0.0
0.0
741.5
-4.6
-297.0
1041.9
1.2
0.0
48.9
0.3
57.2
66.6
-9.4
0.0
0.0
0.0
826.4
-3.9
-661.1
1491.2
0.2
0.0
-10.1
1.7
-306.5
-305.9
-0.6
0.0
0.0
0.0
1382.6
-2.8
-215.4
1598.9
1.9
0.0
18.8
1.2
463.0
426.5
36.6
0.0
0.0
0.0
1321.2
0.3
175.6
1144.1
1.1
0.0
56.2
1.9
197.9
95.9
102.0
42
43
44
45
46
47
48
49
50
51
52
53
54
55
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
Discrepancy
23.4
85.5
-41.3
-48.6
7.5
-311.7
-123.8
110.6
-947.4
713.9
153.1
56
57
Memo:
Change in cash balance (6)
27.5
308.6
-173.2
148.9
-258.0
72.5
179.8
-910.5
48.2
-325.9
156.2
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) Student loans.
(4) Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at issuance price.
(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) Time and savings deposits (line 30) plus checkable deposit and currency liabilities of the monetary authority and commercial banking sectors (table F.204, lines 3 and 8).
24
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
1
2
3
4
3248.7
2374.8
747.7
126.2
3381.9
2556.5
686.9
138.4
2600.3
1974.6
487.5
138.2
3021.8
2356.7
513.5
151.6
3345.3
2664.4
531.0
149.9
3057.4
2400.9
501.6
155.0
3129.4
2435.5
545.0
148.9
3269.7
2595.4
525.0
149.3
3381.5
2682.4
542.0
157.1
3353.7
2681.6
524.9
147.2
3376.5
2698.1
532.3
146.1
1
2
3
4
5
6
7
2532.6
1661.7
871.0
2702.9
1846.8
856.1
2222.8
1583.0
639.8
2542.7
1839.8
702.9
2884.5
2087.5
797.0
2569.5
1860.6
708.9
2664.7
1935.3
729.4
2776.2
2024.1
752.1
2888.5
2085.3
803.2
2911.5
2119.2
792.2
2961.9
2121.4
840.4
5
6
7
8
9
-0.4
716.4
5.4
673.6
-0.6
378.0
-0.7
479.9
-1.3
462.1
-1.2
489.1
-0.5
465.3
-0.5
494.0
-3.7
496.7
-0.4
442.7
-0.4
415.0
8
9
Gross investment
Nonproduced nonfinancial assets
618.1
0.5
736.6
-0.0
245.8
0.0
254.1
0.0
486.6
0.1
657.0
0.0
117.4
0.0
624.1
0.0
138.2
0.0
735.6
0.0
448.5
0.3
10
11
10
11
12
617.6
736.6
245.8
254.1
486.5
657.0
117.4
624.1
138.2
735.6
448.2
12
13
1692.8
501.4
181.8
1082.5
881.1
1185.7
1247.9
1680.3
711.1
444.3
688.8
13
0.0
0.0
-153.6
-5.4
40.3
19.0
-35.2
943.8
-8.3
165.3
98.4
66.8
248.8
236.1
12.7
10.7
424.6
102.7
218.5
38.2
20.8
0.0
606.5
221.2
385.4
0.0
0.0
419.8
64.0
65.5
23.7
-214.0
357.7
-45.1
711.6
548.7
162.9
-228.6
-31.3
-197.3
5.9
-21.8
-64.1
105.1
-2.0
6.5
0.0
-324.9
310.1
-635.0
0.0
47.6
-293.9
-9.2
-43.1
7.2
-146.4
143.5
-41.4
555.0
569.9
-14.9
-226.0
-169.5
-56.5
7.7
-126.9
-24.9
157.2
56.5
6.6
0.0
255.7
158.6
97.1
0.0
0.0
-58.7
29.5
17.7
-7.1
-128.6
520.5
0.8
654.2
397.8
256.4
-89.1
-88.1
-0.9
13.1
-36.5
-22.0
67.3
112.2
19.4
0.0
510.3
236.2
274.0
0.0
0.0
191.2
75.8
24.9
-6.4
53.7
215.5
-1.6
286.1
120.1
166.0
-55.9
-11.9
-44.1
10.9
-66.2
42.2
-31.7
71.1
16.1
0.0
271.0
225.1
45.9
0.0
0.0
-199.5
33.0
23.6
-9.9
17.7
843.1
20.6
1030.6
785.8
244.8
-127.8
-261.0
133.2
9.9
36.5
-126.7
38.4
119.9
0.8
0.0
318.6
318.6
-0.0
0.0
0.0
31.9
61.0
65.9
-9.9
80.3
238.6
-0.9
344.4
226.1
118.4
-121.0
-116.7
-4.3
9.9
23.0
-16.8
44.6
105.1
18.4
0.0
611.8
282.2
329.5
0.0
0.0
1140.9
77.9
59.1
-9.9
230.9
9.5
28.0
47.2
110.0
-62.7
-91.1
44.5
-135.6
9.9
-31.4
46.9
2.1
150.4
5.7
0.0
13.7
114.0
-100.3
0.0
0.0
-395.4
63.3
-5.5
-9.9
-59.5
106.1
-16.8
241.2
413.0
-171.8
-85.9
2.5
-88.3
9.9
-78.0
35.6
3.4
130.7
9.8
0.0
868.2
208.4
659.8
0.0
0.0
238.4
74.0
55.0
-3.0
-206.9
702.6
17.3
651.1
153.9
497.1
-1.0
-55.4
54.4
12.0
-40.1
63.3
-86.7
-21.3
50.1
0.0
-357.9
301.1
-659.0
0.0
0.0
-219.0
88.0
-9.1
-3.0
250.2
43.9
-34.8
204.8
-196.5
401.3
-45.9
-39.0
-6.9
12.0
-115.1
23.0
-45.7
24.6
-1.0
0.0
560.0
276.9
283.1
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
1075.2
-235.2
-64.0
828.3
394.6
528.7
1130.5
1056.2
572.9
-291.3
240.6
39
0.1
256.0
170.3
-69.3
218.7
24.1
-0.0
8.3
15.8
-3.3
0.1
147.8
12.4
0.0
488.6
1.7
23.9
414.0
49.0
4.8
-394.3
-226.2
-71.0
-158.8
5.1
0.7
2.8
1.6
-1.5
0.0
-38.5
-9.9
0.0
428.9
1.4
529.8
329.1
-431.3
52.3
-106.1
211.7
59.4
163.2
-11.2
0.6
-5.1
-6.6
0.3
0.0
63.6
7.4
0.0
-292.9
1.7
-543.3
303.6
-54.8
1.8
71.7
88.2
-2.7
72.8
17.9
1.1
11.8
4.9
0.2
0.0
79.1
27.8
0.0
559.8
2.3
-10.1
351.4
216.2
21.7
-16.1
-33.4
-53.8
-8.4
29.2
-1.7
11.3
19.5
-0.3
0.0
90.1
-32.5
0.0
364.9
3.8
100.2
390.3
-129.5
4.4
33.6
132.0
13.9
89.8
28.2
1.0
4.1
23.1
0.1
0.0
67.6
33.3
0.0
258.0
1.3
-4.5
314.9
-53.7
-0.8
97.4
145.1
55.8
58.9
29.9
3.0
22.3
4.6
0.5
0.0
114.8
24.1
0.0
749.9
0.8
-0.3
372.0
377.4
14.5
181.8
212.7
120.2
44.2
47.9
-0.1
24.2
23.8
0.5
0.0
188.5
-13.1
0.0
471.8
2.3
-0.6
356.8
113.3
25.1
-64.1
-25.7
-51.9
14.0
13.7
-4.2
13.7
4.1
-1.5
0.0
107.8
-58.7
0.0
588.6
5.8
1.1
554.2
27.5
16.3
-32.7
-195.3
-256.9
19.1
41.7
-0.5
15.6
26.6
0.8
0.0
91.2
-23.9
0.0
-146.9
1.7
2.6
283.1
-434.2
31.1
-149.4
-125.4
-26.7
-111.0
13.3
-2.0
-8.2
23.5
-1.0
0.0
-27.0
-34.5
0.0
545.9
5.5
397.9
367.3
-224.8
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
98.3
-63.0
132.2
225.7
-24.5
-167.9
347.9
-130.1
358.4
-293.0
-33.5
59
-713.1
123.3
126.2
-716.0
-709.7
169.2
138.4
-679.0
-391.5
152.3
138.2
-377.4
-516.9
189.4
151.6
-479.2
-576.9
266.0
149.9
-460.8
-540.3
207.4
155.0
-487.9
-500.2
184.4
148.9
-464.7
-571.3
227.1
149.3
-493.5
-597.1
261.2
157.1
-493.0
-562.3
267.3
147.2
-442.2
-576.7
308.2
146.1
-414.6
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
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
208.1
81.7
322.2
298.1
301.8
276.8
324.9
301.7
288.2
324.9
292.3
Gross investment
288.1
-68.4
275.8
81.7
176.1
-157.8
335.1
239.6
348.4
-207.2
323.5
3
4
5
Capital expenditures
Fixed residential investment
Fixed nonresidential investment
178.2
-9.3
187.5
195.1
0.1
195.0
168.0
-0.1
168.1
186.4
4.7
181.7
194.8
-1.2
195.9
192.6
7.7
184.9
189.2
1.7
187.5
190.8
1.6
189.2
197.1
3.9
193.3
209.6
9.3
200.3
181.6
-19.5
201.0
3
4
5
109.9
-263.4
107.9
-104.6
-18.7
-350.4
145.9
48.8
151.3
-416.8
141.9
4747.6
4512.5
-1694.8
-768.6
1737.1
498.1
-624.2
4307.4
1682.6
349.3
609.2
0.5
0.0
0.5
43.2
54.2
0.6
0.0
-0.0
2.0
1351.5
0.3
3.0
4.0
-32.2
-349.5
0.3
0.0
0.9
8.7
-106.9
-0.2
0.0
0.7
-47.3
603.1
0.3
0.0
0.8
46.5
-166.6
0.2
0.0
0.5
6.8
106.1
-1.8
0.0
1.0
6.6
1794.6
0.3
0.0
0.7
18.8
764.8
0.3
0.0
0.5
-102.0
-12.1
0.6
0.0
0.5
-112.7
-134.9
8
9
10
11
12
34.2
85.6
332.9
269.2
56.1
117.3
307.9
-66.2
-29.4
198.0
-183.4
-121.0
-30.5
-99.9
-186.2
-2.3
46.5
-86.8
-30.9
-44.6
-151.5
149.2
17.6
35.8
-31.3
25.2
42.4
-184.9
24.3
-39.3
-86.3
254.4
118.1
-12.8
-41.7
119.0
100.5
-268.9
-197.8
-453.8
-56.7
-26.3
202.1
-97.9
13
14
15
16
3043.1
2349.1
-845.9
-290.9
1027.6
193.4
-207.2
1425.5
940.6
902.9
841.5
17
-94.8
108.0
308.0
180.1
584.3
34.2
436.0
858.1
51.7
7.1
-393.4
440.6
603.2
15.6
210.5
-132.0
557.1
-12.0
29.4
264.6
-105.4
988.8
198.3
17.1
200.1
117.3
388.5
-63.4
94.4
723.7
-236.4
804.6
-176.2
37.5
-132.9
111.8
1653.7
18.6
-76.5
179.5
-58.7
1087.8
69.9
4.9
184.1
-205.5
626.9
503.0
53.1
333.7
-269.4
587.0
201.7
87.0
102.9
18
19
20
21
22
335.1
424.7
1066.1
131.6
693.7
152.6
90.6
25.0
-774.6
-472.4
-287.8
-187.6
-105.4
-210.7
-499.8
-182.1
132.3
-74.6
-308.4
-20.6
-159.5
-173.1
-450.7
-283.9
29.8
-88.9
-353.7
-90.9
112.1
-102.1
-385.4
-86.2
109.9
-103.2
-368.1
14.0
139.7
-147.5
-282.7
-117.8
167.7
54.4
-197.5
107.6
23
24
25
26
166.3
117.2
-8.9
24.7
51.6
101.4
1.6
71.9
-108.4
25.8
-75.7
15.4
254.2
78.3
-130.1
79.0
10.2
91.9
-190.1
-44.1
-123.6
-23.8
27
28
1.8
65.7
-14.9
-274.2
-38.0
-21.8
-8.6
97.9
-1.4
39.6
1.7
61.9
-22.5
213.9
9.5
92.0
5.4
55.5
-12.5
33.3
-7.9
-22.7
29
30
7.5
361.8
8.2
-914.1
5.5
872.5
3.8
-392.1
9.6
583.6
10.1
161.2
31
32
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Corporate equities
Mutual fund shares
29
30
Trade receivables
Security credit
31
32
16.2
517.1
5.3
662.2
2.8
-434.8
8.2
-233.0
7.2
306.3
33
4637.8
4775.9
-1802.7
-664.0
1755.8
848.5
-770.1
4258.6
1531.4
766.1
467.2
33
34
-97.5
1801.9
-609.0
-185.8
821.9
-305.2
274.7
2989.5
128.2
400.7
-231.0
34
35
36
37
38
36.7
599.9
720.9
8.1
568.4
334.2
724.2
-889.5
-7.9
375.4
-499.0
207.8
266.3
116.1
-502.9
-201.3
232.8
373.2
-112.8
-124.5
112.0
547.9
-130.6
-340.8
476.9
213.9
-195.1
-29.8
-511.1
215.3
-92.6
104.9
510.3
916.0
-60.3
-182.0
426.4
62.1
-318.7
-814.0
505.7
299.3
20.3
393.1
35
36
37
38
39
1794.6
901.8
-1844.1
-980.3
-556.4
-703.6
-852.2
-112.0
-1010.4
-494.4
-608.9
39
-111.4
905.7
699.0
-125.6
768.7
-277.5
-448.2
-60.1
-589.2
-101.7
-46.9
-596.9
-67.6
-38.2
-343.1
189.6
-212.3
-336.6
-206.0
-64.7
-477.2
92.2
274.8
-399.0
-99.8
-333.4
-382.4
31.0
-14.3
-334.6
-294.0
-79.7
-256.4
40
41
42
70.9
225.8
4.7
496.1
33.3
6.8
-467.5
-282.6
3.4
-90.2
-144.7
0.2
-47.4
-67.3
7.2
-103.4
-244.0
3.1
-62.1
-37.3
-5.0
-46.7
-40.4
7.1
-115.8
-97.4
18.4
-39.7
-141.2
4.2
12.4
9.8
-0.9
43
44
45
40
41
42
43
44
45
46
47
Corporate equities
Mutual fund shares
178.6
364.7
637.6
31.0
314.3
490.5
190.8
389.3
153.1
411.3
208.6
570.3
170.5
405.5
90.9
1005.0
198.5
426.6
281.4
-228.0
41.6
441.6
46
47
48
49
Trade payables
Security credit
-2.4
243.0
-24.7
-237.3
48.9
-134.0
-52.0
48.4
-3.9
137.3
12.3
38.5
-148.0
25.7
1.6
-22.0
3.4
284.7
-11.9
465.7
-8.5
-179.3
48
49
50
51
33.0
201.1
66.0
125.7
25.4
135.4
16.4
208.9
58.5
139.8
48.3
219.9
2.9
258.2
36.1
140.1
56.0
-114.3
109.5
439.2
32.6
94.1
50
51
52
53
54
Taxes payable
Equity in noncorporate business
Miscellaneous liabilities
-23.5
2.4
578.2
-133.6
11.5
858.7
6.1
-3.6
-308.8
13.0
0.4
8.8
10.2
-2.2
217.5
32.6
-8.5
546.7
24.3
3.7
-1401.2
33.2
-8.6
388.5
-6.4
-0.0
381.1
-17.0
7.4
457.7
31.2
-7.4
-357.4
52
53
54
-80.0
150.0
46.4
216.4
125.7
434.6
-10.2
62.1
-60.2
532.1
-31.2
55
55
Discrepancy
26
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
Gross saving
1.2
3.0
-0.7
-8.5
0.3
-13.6
-18.8
-0.1
0.1
1.1
-0.0
0.8
0.6
0.7
0.7
0.8
0.7
0.7
0.7
0.7
0.8
0.8
43.1
1319.3
-3.4
186.0
494.0
-216.3
463.6
977.3
896.6
-136.5
238.7
4
5
6
0.5
0.0
0.5
0.6
0.0
-0.0
0.3
3.0
4.0
0.3
0.0
0.9
-0.2
0.0
0.7
0.3
0.0
0.8
0.2
0.0
0.5
-1.8
0.0
1.0
0.3
0.0
0.7
0.3
0.0
0.5
0.6
0.0
0.5
4
5
6
0.3
-1.5
-0.6
0.7
0.8
1.5
0.6
0.2
1.9
0.6
0.6
48.6
48.6
0.0
511.1
495.4
15.7
-463.1
-447.4
-15.7
-96.4
-96.4
0.0
-0.0
-0.0
0.0
-1.5
-1.5
0.0
-0.3
-0.3
0.0
-0.7
-0.7
0.0
0.2
0.2
0.0
-0.0
-0.0
0.0
0.3
0.3
0.0
8
9
10
5.8
33.5
-80.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
11
-38.3
245.4
1001.6
271.5
376.5
-221.5
397.3
1043.0
842.0
-133.8
-245.3
12
0.0
-38.3
0.0
0.0
-264.7
19.7
0.0
300.7
1048.5
0.0
244.9
71.4
0.0
642.0
-197.9
0.0
65.3
-201.0
0.0
801.2
-372.2
0.0
1438.6
-279.8
0.0
1073.8
-176.4
0.0
103.5
-185.6
0.0
-48.1
-149.9
13
14
15
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
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
-85.8
-51.1
0.0
0.0
-4.5
-23.1
-2.4
-4.6
0.0
-31.8
-20.0
0.0
0.0
-9.4
4.2
-2.3
-4.3
0.0
-115.7
-22.0
0.0
0.0
-6.8
-79.8
-2.6
-4.6
0.0
-55.4
-25.8
0.0
0.0
-10.1
0.0
-17.0
-2.4
0.0
-51.7
-5.8
0.0
0.0
-34.6
0.0
-5.5
-5.8
0.0
-47.4
-9.2
0.0
0.0
-32.4
0.0
-1.6
-4.2
0.0
16
17
18
19
20
21
22
23
24
0.0
25.8
24.0
1.8
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
142.7
99.7
42.9
1.3
2.9
-4.7
7.6
1.3
64.0
0.1
64.0
-105.5
41.1
-0.3
41.4
0.0
51.5
0.0
51.5
0.0
-4.1
2.0
-6.1
0.0
482.1
397.3
84.8
25
26
27
28
39.9
1316.7
-8.0
185.1
493.6
-219.4
479.0
978.2
895.8
-134.6
235.1
29
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
2.1
3.3
839.2
2.7
117.0
-2.8
-8.9
-2.2
594.2
8.1
-155.7
-10.9
134.0
-28.2
1755.7
39.3
755.8
6.9
6.2
-18.9
-140.9
5.1
30
31
32
17.8
428.2
-117.6
185.0
-122.2
64.0
230.0
-822.6
165.2
-81.7
250.5
32
33
34
35
36
11.4
0.0
11.4
0.0
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
81.0
0.0
81.0
-0.0
128.2
-0.2
128.5
0.0
-897.0
0.1
-117.3
-779.9
78.5
-0.2
78.8
0.0
-315.6
-0.1
-295.6
-20.0
114.0
0.0
114.0
0.0
33
34
35
36
37
38
39
-0.0
0.9
5.5
1.3
19.4
58.2
1.0
14.0
41.2
0.9
-21.6
56.7
-3.2
51.1
85.0
5.0
-93.5
71.5
3.5
37.9
60.4
-12.8
-13.3
100.6
0.9
-11.6
97.3
9.1
150.1
74.8
-10.0
79.3
67.1
37
38
39
40
Security RPs
14.4
44.4
-10.6
-18.0
40.2
-13.7
-16.4
9.9
32.6
55.3
63.1
40
41
42
43
Miscellaneous liabilities
Federal Reserve Bank stock
Other
2.5
3.1
-0.7
2.2
2.6
-0.5
6.1
4.6
1.5
29.2
0.9
28.3
-26.7
0.4
-27.1
-103.1
0.3
-103.4
159.6
-0.6
160.3
-4.1
-0.9
-3.2
-64.6
0.8
-65.4
-95.5
-1.9
-93.6
57.4
3.6
53.8
41
42
43
-2.8
-0.2
-6.0
-10.1
-0.9
-17.5
-4.1
0.1
-1.4
2.3
-4.4
44
44
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) Loans extended to domestic banks through term auction credit, primary credit, secondary credit, and seasonal credit.
(3) Loans extended to domestic banks through the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
(4) Loans extended to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF).
(5) Loans extended through the Federal Reserves Primary Dealer Credit Facility (PDCF) and AMLF.
(6) 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.
(7) 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.
(8) Loan extended by the Federal Reserve to Maiden Lane III LLC to purchase CDOs on which AIG has written credit default swap contracts.
(9) Loan extended by the Federal Reserve to Commercial Paper Funding Facility LLC.
(10) 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.
(11) Reciprocal currency arrangements (swap lines) with foreign central banks.
27
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
-45.1
3.3
86.1
41.6
53.9
29.1
41.1
68.7
56.6
51.1
39.1
-1.5
23.8
22.0
21.9
19.7
21.5
20.9
19.8
20.1
20.2
18.6
613.8
1245.3
-81.9
-355.1
339.7
-503.1
-119.0
787.9
421.7
-310.6
459.8
4.4
562.9
44.4
-91.2
215.1
-250.4
-37.3
515.9
657.3
-365.4
52.7
570.3
547.6
-154.4
-196.4
196.2
11.3
-11.0
-187.1
-75.0
494.4
552.5
0.0
11.1
-111.4
-54.9
0.0
-4.4
0.0
-52.0
15.7
-19.6
139.7
152.0
0.0
14.3
0.0
-26.6
-15.7
64.3
148.4
-0.5
0.1
59.9
0.1
89.0
0.0
93.9
87.1
-14.7
-0.2
117.3
-0.3
-14.9
0.0
-42.0
104.3
66.8
4.2
64.3
9.3
-40.3
0.0
83.5
186.7
119.2
0.1
105.9
0.3
-38.7
0.0
38.3
204.1
116.0
-0.4
88.2
0.4
-0.1
0.0
-28.0
124.1
38.8
1.4
75.9
4.4
3.5
0.0
-105.1
-7.5
-42.0
2.3
110.6
1.9
-80.3
0.0
-48.5
80.1
63.4
9.6
77.0
16.3
-86.1
0.0
13.7
220.7
207.1
3.4
-6.4
14.8
1.8
6
7
8
9
10
11
12
13
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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
12.0
101.7
15.5
0.0
64.8
0.0
21.4
23.2
-30.4
-24.4
0.0
-1.5
0.0
-4.5
1.0
49.9
9.2
1.1
-20.8
-3.7
64.2
28.4
-88.2
-9.3
-6.5
-64.5
-1.3
-6.6
42.4
9.2
-1.6
-2.3
-15.8
2.3
26.5
33.4
-0.8
-1.4
-2.6
-42.5
-1.0
46.6
81.7
-97.4
-0.9
-0.5
-45.8
0.2
-50.4
17.8
-55.4
26.1
-8.7
-28.4
-18.3
-26.1
15.8
-19.7
-23.5
0.5
-24.2
-0.5
28.0
68.6
80.2
-3.7
0.5
-7.4
19.5
71.3
67.4
31.6
-5.3
-1.6
-3.2
8.6
33.0
14
15
16
17
18
19
20
21
22
23
24
233.7
225.7
62.9
29.3
137.9
190.0
74.5
12.8
-298.1
-16.1
-50.6
-59.2
-45.4
-186.5
-73.7
-5.8
159.0
-117.9
1.9
37.6
-60.2
-15.9
-119.0
-81.6
72.4
-211.5
-135.8
32.8
130.8
-315.6
-54.7
-0.7
92.5
-168.0
63.0
44.3
167.1
94.3
-40.7
94.9
245.6
-82.3
39.8
11.8
21
22
23
24
25
26
Corporate equities
Mutual fund shares
1.6
3.6
2.4
1.3
6.8
14.8
-0.5
-5.8
2.5
-0.8
-5.4
-9.5
4.5
-0.2
-3.9
-1.6
16.1
-6.4
-1.2
-0.5
-1.0
5.3
25
26
10.9
0.0
28.2
6.4
0.0
128.4
0.8
0.0
27.3
4.5
0.0
-72.0
4.8
0.0
-76.4
6.1
0.0
-270.1
6.5
0.0
-77.2
5.4
0.0
453.7
4.3
0.0
-165.0
3.7
0.0
-443.3
5.8
0.0
-151.2
27
28
29
521.1
1232.7
92.2
-234.6
346.8
-144.0
-344.0
823.5
273.6
-85.4
375.4
30
27
28
29
30
31
32
33
34
35
139.0
0.3
48.6
32.2
58.0
789.0
-1.5
511.1
113.4
166.1
-562.7
-0.6
-463.1
-4.9
-94.1
-247.2
0.7
-96.4
-62.4
-89.0
-349.0
0.8
-0.0
-60.9
-288.9
-31.9
1.5
-1.5
-64.4
32.5
107.5
0.6
-0.3
121.7
-14.6
80.4
0.2
-0.7
133.2
-52.3
-907.8
1.9
0.2
-604.7
-305.2
-311.9
0.6
-0.0
96.8
-409.3
-256.7
0.6
0.3
131.2
-388.8
31
32
33
34
35
36
37
38
39
Checkable deposits
Federal government
Rest of the world
Private domestic
9.0
14.9
5.0
-10.9
140.8
-39.5
31.2
149.1
80.9
0.3
-28.7
109.2
70.3
-0.1
-3.8
74.3
314.0
-2.7
19.6
297.1
40.9
-8.2
-19.7
68.9
217.1
50.7
-6.7
173.1
282.4
-11.7
45.9
248.1
346.0
-30.9
-2.3
379.2
415.3
-10.9
16.9
409.4
212.3
42.7
17.8
151.8
36
37
38
39
40
41
42
255.0
23.1
-36.1
540.2
24.6
-259.0
382.9
-174.0
244.9
276.9
-150.1
-190.9
535.0
-53.5
-99.3
307.0
-138.5
-459.0
269.9
-265.8
-330.2
208.2
-15.2
-98.8
920.4
-37.6
-50.8
619.5
-159.9
-360.7
391.8
-1.3
113.3
40
41
42
43
44
45
46
47
0.0
25.1
106.7
4.3
-13.6
0.0
8.0
71.0
10.4
-85.7
0.0
-28.3
-124.2
10.1
7.1
-19.7
10.3
-124.1
11.4
6.9
7.7
-20.7
-42.9
7.0
10.2
-26.3
26.6
-175.9
16.2
-0.9
-65.3
49.5
-96.0
3.2
16.8
-14.9
-11.0
10.3
6.4
16.9
-0.5
-3.4
-63.2
8.6
20.8
3.4
-12.9
-85.0
15.5
13.3
42.7
-55.6
-33.7
-2.6
-10.3
43
44
45
46
47
48
49
50
Miscellaneous liabilities
Investment by bank holding companies
Other
8.6
130.7
-122.2
-6.7
46.6
-53.3
255.5
106.9
148.6
121.5
-46.7
168.2
38.4
59.5
-21.1
297.7
83.3
214.4
-250.5
-342.5
92.0
358.8
-31.9
390.7
41.3
163.2
-121.9
-222.1
117.0
-339.1
-24.4
-10.2
-14.3
48
49
50
-136.2
-33.1
238.2
140.1
41.3
366.7
-204.8
84.6
-111.5
256.1
-64.0
51
535.7
-1.8
531.1
-1.7
-116.8
-2.6
-184.3
-0.8
156.9
-0.1
107.7
-1.2
-48.1
0.2
-180.9
-0.2
-128.9
0.2
401.1
0.1
536.4
-0.5
52
53
51
Discrepancy
Memo:
52
53
(1) Net capital transfers paid from table F.9, line 54.
(2) Included in other loans and advances (table F.216).
(3) Total bank credit (line 5) less security credit (line 24) less corporate equities (line 25) less mutual fund shares (line 26) plus customers liability on acceptances (line 28).
(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.
28
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
Gross saving
3.6
2.5
2.5
2.6
2.7
2.6
2.6
2.7
2.7
2.7
2.8
4.1
2.9
2.7
2.6
2.9
2.7
2.8
2.8
2.9
3.0
3.0
219.8
576.8
-357.3
69.3
662.6
537.2
-710.7
1447.7
427.2
1187.6
-412.0
6
7
8
9
10
11
12
13
14
Corporate equities
15
16
0.4
238.0
45.1
66.7
360.2
63.9
143.0
1160.3
146.7
339.8
-206.0
204.6
-25.3
-286.6
-2.3
79.3
549.1
-562.4
-11.4
125.4
293.3
-90.0
0.0
3.6
2.0
0.0
77.0
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
51.5
-2.0
0.0
440.5
0.0
-26.4
-11.9
0.0
-514.6
0.0
20.8
19.6
0.0
-53.3
0.0
-10.0
-3.4
0.0
35.6
0.0
-22.0
6.5
0.0
105.0
0.0
9.3
-6.5
0.0
-84.9
6
7
8
9
10
105.0
14.1
3.0
65.1
5.2
-126.3
-125.4
-6.4
-0.8
-16.1
-2.5
28.5
36.1
-2.6
41.6
-14.2
-3.6
76.9
-12.9
0.2
3.0
65.1
-6.1
-57.5
83.8
-3.2
22.8
19.2
2.6
182.1
-23.5
-3.6
19.2
11
12
13
0.0
0.0
0.0
0.1
-0.0
0.0
0.2
-0.0
-0.2
0.0
0.0
14
0.0
14.7
-0.2
364.3
0.0
-115.9
0.0
4.9
0.0
223.1
0.0
-75.9
0.0
-291.2
0.0
298.8
0.0
155.1
0.0
554.4
0.0
-116.0
15
16
17
222.9
572.1
-355.9
70.5
667.2
544.6
-710.8
1461.5
425.8
1193.5
-412.0
17
18
19
20
-191.1
-169.4
-21.7
240.5
244.7
-4.3
-158.9
-176.3
17.5
48.1
40.8
7.3
493.4
506.5
-13.1
-134.8
-154.2
19.4
73.6
115.7
-42.1
1103.1
1138.1
-35.0
124.1
167.3
-43.2
742.9
686.2
56.7
3.6
34.5
-30.9
18
19
20
21
22
23
Checkable deposits
Small time and savings deposits
Large time deposits
2.6
6.9
273.4
1.7
0.1
-123.2
2.6
4.4
173.9
5.7
5.8
-49.6
23.7
13.2
-172.4
8.4
76.7
199.6
13.3
-60.2
90.2
-4.4
27.7
112.2
9.8
19.2
33.3
60.0
14.0
-563.0
29.5
-8.0
-271.9
21
22
23
24
25
-13.6
0.0
-96.3
-0.2
40.3
0.0
52.9
0.0
50.2
0.0
48.6
0.0
42.6
0.0
-26.5
0.0
-87.3
0.0
196.6
0.0
118.2
0.0
24
25
26
27
28
29
Miscellaneous liabilities
Foreign direct investment in U.S.
Due to affiliates
Other
144.8
-0.8
43.7
101.9
549.5
24.8
35.6
489.1
-418.2
15.3
-73.5
-360.0
7.5
7.5
-31.5
31.5
259.0
20.3
-33.7
272.4
346.0
10.2
106.7
229.2
-870.3
-3.0
-22.0
-845.4
249.5
15.6
69.5
164.4
326.8
13.8
-62.1
375.1
743.0
25.5
-133.1
850.7
-283.2
26.4
-9.2
-300.5
26
27
28
29
2.6
-5.1
1.3
1.1
4.4
7.3
-0.3
13.7
-1.5
5.6
-0.2
30
201.7
100.8
-285.8
-30.8
37.7
472.2
-565.7
46.1
102.8
111.2
-109.2
31
30
Discrepancy
Memo:
31
(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) Included in other loans and advances (table F.216).
(3) Total bank credit (line 5) less security credit (line 13) less corporate equities (line 14) plus customers liability on acceptances (line 15).
29
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
Gross saving
109.8
80.5
96.8
108.2
143.8
99.7
117.1
130.6
140.2
151.2
153.1
39.5
52.2
54.1
55.1
60.8
56.4
57.5
58.5
59.8
62.1
62.9
122.4
195.9
41.2
-38.1
56.3
390.2
-534.3
206.7
33.7
20.4
-35.6
23.2
13.9
-16.0
22.1
2.8
180.3
-40.7
30.8
-1.4
20.7
-38.9
4.6
-1.3
19.2
0.7
-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
3.7
48.8
32.1
99.2
0.2
9.6
-36.2
-15.5
1.3
-14.2
4.6
8.5
32.0
-28.4
37.1
0.6
-10.6
45.6
47.0
-74.3
2.4
25.6
-40.5
-15.0
-9.0
5
6
7
8
5.3
93.9
130.7
-63.0
26.2
-1.2
183.2
46.6
42.0
94.5
2.1
55.1
106.9
-91.4
39.6
3.8
-64.0
-46.7
-15.6
-1.6
2.4
51.1
59.5
-51.7
43.2
1.4
208.5
83.3
104.1
21.2
1.7
-495.2
-342.5
-172.6
20.0
0.2
175.7
-31.9
27.1
180.4
-0.5
35.7
163.2
-179.2
51.8
5.9
-6.2
117.0
-105.2
-17.9
4.2
-0.9
-10.2
50.7
-41.5
9
10
11
12
13
4
5
6
7
8
9
10
11
12
13
14
47.2
154.7
-11.3
-98.1
-37.0
338.9
-602.4
125.5
-56.1
-79.9
-137.2
14
15
16
17
-50.9
-8.7
-42.2
-69.5
-78.6
9.1
-1.6
21.9
-23.5
24.4
34.9
-10.6
75.1
101.6
-26.4
28.1
106.0
-77.9
-12.2
57.0
-69.2
10.8
-44.2
55.1
149.2
406.7
-257.5
-17.6
20.9
-38.5
158.0
22.8
135.2
15
16
17
18
0.1
-0.4
-19.9
-1.8
0.2
-33.2
71.2
-32.3
-11.4
35.7
9.0
18
19
20
21
129.4
35.0
94.4
84.0
-39.0
123.0
-10.3
-18.1
7.8
-42.6
3.9
-46.5
-82.9
11.1
-94.0
204.4
2.7
201.8
-180.9
1.4
-182.3
44.3
35.6
8.7
-186.9
13.3
-200.1
-107.7
-20.9
-86.7
-81.3
16.6
-98.0
19
20
21
22
23
24
25
-28.0
-3.4
-65.3
61.9
321.4
-180.7
46.1
-226.8
68.6
-48.0
13.2
-61.2
19.8
-97.9
-44.3
-53.5
2.8
-32.2
8.2
-40.4
45.8
93.7
97.3
-3.6
4.4
-484.9
-323.2
-161.7
14.9
87.7
57.1
30.6
-22.4
15.3
-0.2
15.5
19.8
-10.1
50.2
-60.3
-1.2
-221.8
-74.3
-147.4
22
23
24
25
-4.9
-12.9
-9.8
-7.0
-10.3
-8.1
-8.5
-9.1
-9.5
-11.2
-11.5
26
26
Discrepancy
Gross saving
0.1
0.2
0.2
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.2
0.2
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
-0.6
-2.3
-6.4
-15.6
-2.8
-17.0
-13.7
-2.6
-4.1
14.7
-19.3
-0.3
0.6
1.0
-0.9
1.2
-0.5
-7.7
3.1
1.2
1.9
-1.2
-6.4
-1.9
-2.8
-19.3
-4.9
-11.7
-1.7
-5.1
-9.6
-6.1
1.3
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Corporate and foreign bonds
-1.9
-2.7
0.7
0.1
-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
-0.7
-12.9
2.9
-0.0
-0.2
-0.6
-0.7
0.2
0.0
-23.5
1.2
21.1
2.1
-3.7
-1.3
-2.6
-2.6
-2.6
1.4
-2.8
0.4
-2.1
2.4
-1.4
6
7
8
9
-4.2
4.3
-2.7
-1.7
1.4
0.4
-0.3
-0.3
-0.0
-3.3
-2.5
-4.0
1.1
-2.4
-0.1
0.5
-1.4
-0.2
0.8
-1.3
0.2
-0.1
-5.4
1.5
-0.3
-2.2
-1.5
2.7
-1.1
-1.1
1.9
-0.7
0.8
10
11
12
6.1
-1.0
-4.5
4.5
0.8
-4.7
-4.3
-0.6
4.3
19.0
-19.4
13
-7.7
-3.4
-1.1
-14.8
-3.1
-16.5
-11.4
-2.0
-4.1
11.4
-17.6
14
1.7
1.1
1.1
-1.1
1.1
1.1
1.4
-2.9
-2.9
0.5
-5.2
-5.2
2.8
-0.4
-0.4
0.7
0.5
0.5
-1.3
-1.9
-1.9
2.2
0.3
0.3
3.9
-0.8
-0.8
-0.5
-0.1
-0.1
5.5
-0.9
-0.9
15
16
17
-11.6
-4.5
3.3
-5.0
-5.2
-18.2
-6.3
-4.9
-6.4
12.0
-21.4
18
-7.1
-1.1
5.3
0.8
-0.3
0.5
2.4
0.5
0.0
-3.3
1.6
19
6
7
8
9
10
11
12
13
14
Miscellaneous assets
Net increase in liabilities
15
16
17
Checkable deposits
Small time and savings deposits
Large time deposits
18
Miscellaneous liabilities
19
Discrepancy
(1) Commercial banks and branches of U.S.-chartered commercial banks located in Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam, and other U.S.-affiliated insular areas.
30
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
Gross saving
11.1
19.2
6.1
4.0
6.5
3.9
6.6
6.5
5.6
7.7
6.3
3.9
3.3
2.7
2.5
2.8
2.6
2.6
2.7
2.7
2.9
2.9
99.6
-290.4
-269.8
-12.4
-8.7
-54.9
227.3
-209.5
-50.4
21.5
203.6
4
5
6
7
0.6
-0.5
3.3
27.3
36.4
-11.2
-1.6
-10.9
6.5
-4.2
7.0
-22.7
-0.7
-2.4
-0.0
-6.6
17.8
-2.0
5.9
2.3
-14.2
9.9
-2.0
-3.2
-6.5
-22.1
-9.5
-6.3
47.3
5.6
23.2
-3.7
-23.2
5.3
-7.9
4.3
46.7
-13.3
13.4
5.2
0.2
-5.7
-4.9
3.4
4
5
6
7
63.0
-276.1
-249.6
6.6
-31.6
-23.7
184.8
-187.2
-30.3
-53.4
144.6
9
10
11
12
13
14
15
16
0.0
-5.4
0.3
5.8
0.0
-1.5
0.0
-4.0
0.0
-4.1
-3.5
1.9
0.0
5.6
0.0
-11.0
0.0
3.8
19.6
-12.9
0.0
10.2
-0.0
22.3
0.0
-0.9
22.9
12.5
0.0
12.1
-0.0
-1.7
0.0
-1.7
1.9
-3.3
0.6
15.7
0.5
-11.6
0.0
-2.7
16.0
9.9
0.0
19.5
0.0
-13.4
0.0
-0.5
50.5
30.9
0.0
28.1
-0.0
-8.5
0.0
0.5
14.2
-18.9
0.5
21.4
0.0
11.2
0.0
-1.9
-1.3
-10.7
1.6
18.9
1.1
-12.2
0.0
-3.2
-12.2
6.5
0.2
11.0
0.0
-30.0
0.0
-2.1
6.8
10.0
0.2
11.6
0.6
-15.6
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
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
-0.1
49.5
-4.5
0.0
39.5
0.0
14.5
-3.3
-33.7
-1.4
0.0
-41.9
0.0
9.5
1.5
-24.0
-2.6
0.0
-30.8
-0.0
9.5
1.8
-10.5
-0.4
0.0
-6.1
-0.0
-4.1
0.1
-6.1
-1.5
-0.1
-6.1
0.4
1.2
0.4
-18.9
-1.1
0.0
-9.3
0.0
-8.6
3.6
-8.8
-0.5
0.1
-4.4
-0.2
-3.9
-0.9
-12.2
-0.6
-0.4
-5.8
-0.0
-5.4
0.9
-7.8
-1.0
-0.0
-3.7
0.0
-3.1
0.0
-2.1
-0.3
-0.0
-5.0
0.1
3.1
0.5
-2.3
-4.0
0.0
-9.8
1.4
10.2
17
18
19
20
21
22
23
24
25
26
6.2
17.2
-4.8
6.4
-233.4
-4.5
-14.5
-227.3
-8.8
6.4
-18.5
5.3
-2.3
-28.7
5.2
27.2
-51.9
6.1
3.5
117.9
18.7
0.6
-181.1
-8.3
-25.5
-5.4
10.8
12.9
-56.1
7.4
2.8
128.0
10.9
24
25
26
-0.1
6.2
-1.5
-25.4
-0.5
-6.2
-1.3
-8.0
-1.5
0.3
0.7
-22.3
4.8
82.2
-5.5
-89.1
0.7
0.7
4.7
18.3
-5.6
71.5
27
28
27
28
Corporate equities
Miscellaneous assets
29
116.7
-251.8
-269.8
-22.5
-11.7
-65.5
222.1
-203.6
-54.7
10.6
201.0
29
30
31
32
33
Deposits
Checkable
Small time and savings
Large time
13.2
4.5
27.6
-19.0
-156.0
-2.9
-59.6
-93.5
-53.3
13.1
89.4
-155.8
13.9
-0.8
-5.2
19.9
23.1
4.4
0.7
18.0
44.5
-3.0
19.3
28.2
166.7
2.1
139.4
25.3
-112.7
6.4
-133.3
14.3
-56.1
-8.2
-54.7
6.8
109.4
13.1
65.0
31.3
151.8
6.5
125.7
19.7
30
31
32
33
34
Security RPs
-24.1
-0.0
1.8
-6.0
-12.9
-4.2
-6.2
-37.6
-5.0
-6.2
-2.9
34
35
36
37
38
104.1
-0.3
13.3
91.1
-67.1
-8.0
13.0
-72.2
-169.6
-0.2
-29.8
-139.6
-29.0
-3.6
-1.2
-24.2
-24.0
-0.3
1.2
-24.9
-61.9
-0.9
8.6
-69.6
47.9
-0.2
-4.4
52.5
-39.9
-2.1
5.7
-43.4
-33.3
0.2
1.0
-34.5
-63.6
-0.2
-2.0
-61.4
40.9
1.1
-0.0
39.8
35
36
37
38
39
40
41
42
43
Corporate equities
Taxes payable
Miscellaneous liabilities
Investment by parent
Other
3.3
-2.0
22.2
0.2
22.0
1.7
-0.3
-30.1
2.5
-32.6
1.5
0.3
-50.5
10.6
-61.1
0.5
-0.3
-1.6
-1.0
-0.6
-0.6
0.3
2.3
-1.3
3.6
0.6
-0.5
-44.1
2.3
-46.5
0.4
0.2
13.1
-5.1
18.2
0.6
1.9
-16.0
1.0
-17.0
0.4
-2.4
41.6
-2.1
43.7
0.6
0.3
-29.8
-1.3
-28.5
-3.8
1.5
13.5
-2.8
16.4
39
40
41
42
43
24.3
54.4
3.4
-8.7
0.7
-9.4
-1.2
9.6
-1.5
-6.1
0.8
44
44
Discrepancy
(1) State-chartered savings banks, federal savings banks, cooperative banks, and savings and loan associations.
31
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
Gross saving
9.0
7.0
6.8
8.8
8.4
9.1
8.9
8.3
7.2
9.9
8.1
3.8
3.9
3.5
3.4
3.7
3.4
3.5
3.6
3.6
3.8
3.8
42.5
53.8
70.3
29.3
48.7
58.2
42.0
25.2
25.1
80.3
64.2
4
5
6
7
0.0
-1.1
-0.0
-2.6
4.7
-5.7
11.4
-4.8
18.1
1.4
9.5
2.4
14.1
-6.3
5.6
-0.1
9.2
12.2
2.2
14.4
34.0
14.9
6.9
-0.5
6.6
-28.6
4.9
0.0
71.5
-77.0
-3.7
-0.0
-18.1
50.4
-0.3
75.4
-33.8
88.0
5.2
-31.8
17.2
-12.8
7.5
13.8
4
5
6
7
35.3
40.0
33.1
24.6
39.5
-41.0
76.4
50.5
10.8
24.5
72.0
9
10
11
12
-0.5
3.0
-4.1
3.9
-0.4
-1.6
14.4
-8.9
0.0
5.3
27.9
-7.0
0.0
5.8
40.8
-15.0
0.0
4.2
28.8
0.4
0.0
-25.8
22.5
-27.4
0.0
36.7
73.7
-31.4
0.0
7.5
45.2
0.2
0.0
0.1
7.7
0.2
0.0
2.6
22.0
-0.5
0.0
6.8
40.2
1.9
9
10
11
12
13
14
15
0.0
31.8
1.2
2.7
33.2
0.5
2.7
3.2
1.0
0.8
2.8
-10.7
-0.2
6.9
-0.6
2.7
9.0
-21.9
-0.5
-10.1
8.0
-6.2
17.0
-13.2
5.6
-11.4
8.6
5.6
1.6
-6.8
-6.0
20.3
8.8
13
14
15
-0.0
11.0
-0.0
8.4
-0.7
6.4
0.2
-8.7
0.3
-28.9
-0.0
43.8
-0.1
-17.1
0.6
-16.7
0.6
-93.7
-0.2
28.4
0.1
-33.6
16
17
16
17
18
39.5
54.5
72.6
25.6
41.8
54.2
41.1
19.8
13.2
74.7
59.6
18
19
20
21
22
Shares/deposits
Checkable
Small time and savings
Large time
31.7
1.1
25.8
4.8
45.1
1.6
43.0
0.5
72.0
11.6
43.4
17.0
34.4
5.5
26.2
2.7
42.9
10.0
29.4
3.5
55.5
1.0
50.1
4.4
34.7
15.8
16.4
2.5
25.7
25.0
-3.9
4.6
23.9
-6.4
30.0
0.3
75.4
20.0
50.8
4.6
46.6
1.4
40.6
4.6
19
20
21
22
23
24
13.4
-5.6
8.3
1.1
-14.1
14.7
-0.4
-8.4
-2.0
0.9
0.8
-2.1
3.6
2.7
-9.6
3.8
-3.5
-7.2
3.7
-4.5
1.6
11.3
23
24
2.3
3.7
5.6
1.8
-2.2
1.7
4.4
-0.6
-8.4
0.4
-0.4
25
25
Discrepancy
56.1
30.0
45.1
41.0
45.2
42.6
43.0
48.4
43.6
47.7
41.2
19.5
19.9
19.9
20.1
22.2
20.6
21.0
21.4
21.8
22.7
23.0
43.0
25.1
40.6
-15.6
-9.5
32.9
-94.0
26.5
-10.6
-21.8
-32.3
4
5
6
12.8
7.2
1.7
-14.8
12.1
0.8
-0.3
-3.2
0.1
5.0
-4.0
-0.7
-10.8
-1.6
-2.0
8.9
13.3
-0.7
-26.8
-9.3
-8.3
4.8
8.4
-1.2
7.1
-6.4
-4.7
-39.7
-10.2
-1.3
-15.3
1.9
-0.7
4
5
6
5.3
-15.9
33.3
3.9
-6.0
19.7
-6.3
20.4
-19.3
0.7
-25.6
-3.1
-38.7
3.8
36.1
5.9
1.3
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
-2.5
-1.2
-0.4
-1.2
-1.1
0.6
5.6
10.9
-0.4
-20.8
24.6
-0.1
-15.5
5.5
-0.4
-20.5
25.0
-0.4
2.6
6.2
1.7
5.2
4.8
-0.2
-2.0
-5.2
-1.9
-5.8
-5.4
1.0
-11.1
-4.7
2.3
6.9
6.4
1.0
0.4
-1.3
-3.7
-11.2
-10.4
0.5
8
9
10
11
12
13
8
9
10
11
12
13
14
15
Corporate equities
Mutual fund shares
0.5
-0.5
35.1
-0.4
-2.4
0.1
-20.9
-0.1
4.6
-0.1
-22.2
-0.1
-16.3
-0.1
1.8
-0.2
-10.3
-0.0
27.0
-0.0
-0.0
-0.1
14
15
16
17
Trade receivables
Miscellaneous assets
-1.6
17.6
1.3
6.8
-3.7
16.7
0.8
0.4
2.9
3.3
1.3
12.7
-13.1
-13.7
2.5
-9.9
15.2
7.8
2.0
-0.3
-8.0
15.4
16
17
18
9.4
14.3
0.2
2.4
-6.6
21.8
-0.8
-1.2
29.0
-15.4
-39.0
18
19
20
21
22
Security RPs
Corporate equity issues
Taxes payable (net)
Miscellaneous liabilities
-0.7
-13.2
-2.4
25.8
1.9
0.4
-28.1
40.2
-1.7
-5.3
5.3
1.9
0.8
-12.7
5.6
8.7
-1.1
-7.7
-3.9
6.1
-0.5
-10.0
13.6
18.7
3.7
-13.4
22.2
-13.3
-3.4
-11.1
8.8
4.5
0.2
2.9
-20.7
46.6
-0.6
-18.4
-25.1
28.6
-0.5
-4.4
21.3
-55.4
19
20
21
22
3.1
-0.6
-15.1
38.8
25.9
11.0
115.2
-0.6
61.3
31.3
11.6
23
23
Discrepancy
(1) Net capital transfers paid from table F.9, line 51.
32
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
Gross saving
5.2
-44.8
16.4
28.2
19.8
32.1
21.9
19.4
19.2
20.7
19.9
14.1
14.4
14.3
14.5
16.0
14.9
15.2
15.4
15.8
16.4
16.6
240.5
167.1
115.3
189.9
149.5
230.6
23.8
85.2
191.1
297.1
24.7
4
5
6
2.3
-1.6
0.2
24.4
17.5
5.2
-32.1
-5.5
2.2
1.0
-12.7
0.7
3.3
-4.5
-0.1
6.9
-11.7
0.1
-31.2
-10.4
-0.6
-17.6
-5.0
-4.8
5.7
-7.3
-3.6
40.8
-3.7
8.0
-15.6
-2.0
-0.1
4
5
6
84.8
11.6
139.8
151.6
153.1
202.8
161.1
168.3
106.4
221.7
115.9
13.1
-17.3
5.5
-3.4
35.1
-16.7
11.5
27.7
5.8
-8.9
23.2
4.0
-0.0
5.3
23.0
32.8
24.0
4.1
-18.3
25.9
4.5
-5.8
-12.1
40.4
-15.1
1.8
14.5
23.4
34.9
21.3
-2.5
-3.7
15.7
8
9
10
4.8
43.1
13.2
22.4
5.7
-45.5
20.3
16.3
26.1
97.6
-12.6
-16.3
39.2
102.9
-0.2
-8.6
6.6
100.2
2.3
15.8
41.2
102.2
2.8
-4.4
46.1
106.7
-0.2
-3.6
11.0
127.8
-2.6
9.5
4.3
73.5
7.3
20.1
6.3
115.1
3.1
17.7
4.7
84.4
1.6
15.7
11
12
13
14
8
9
10
11
12
13
14
Municipal securities
Corporate and foreign bonds
Other loans and advances
Mortgages
15
16
Corporate equities
Mutual fund shares
84.1
31.3
81.8
-10.7
33.4
0.0
45.6
1.0
30.8
1.1
26.6
1.0
26.6
1.0
22.5
1.0
28.6
1.0
45.5
1.2
26.6
1.2
15
16
17
Miscellaneous assets
39.5
37.2
-22.5
2.8
-34.2
4.9
-122.7
-79.2
60.2
-16.3
-101.3
17
18
198.7
166.9
30.9
168.1
134.0
214.7
40.3
98.2
129.7
259.9
48.0
18
19
20
21
22
23
Security RPs
Corporate equity issues
Other loans and advances
Life insurance reserves
Pension fund reserves (1)
-1.1
-30.6
14.5
33.0
118.6
-7.3
-10.7
26.2
66.0
65.5
-0.5
-0.9
-6.6
25.4
25.1
-2.2
-4.8
-3.2
16.4
104.2
0.1
-13.7
1.8
58.5
50.5
4.5
7.8
-1.2
48.3
139.9
-2.9
-6.1
-0.8
2.9
95.7
-3.0
-8.7
1.8
36.1
29.1
2.1
-11.5
2.4
56.0
107.5
-1.4
-16.0
0.9
109.5
49.9
2.8
-18.5
2.0
32.6
15.3
19
20
21
22
23
24
25
-3.4
67.6
-19.7
46.8
-7.0
-4.6
2.6
55.1
5.2
31.5
11.7
3.7
-4.5
-44.0
3.8
39.1
-4.8
-22.1
-4.9
122.0
26.6
-12.9
24
25
-50.7
-59.4
-82.4
-8.2
-11.8
1.4
23.2
16.9
-57.9
-32.9
26.6
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).
Gross saving
0.3
0.4
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
0.5
1.0
0.8
0.6
0.5
0.6
0.5
0.5
0.6
0.6
0.6
0.6
31.7
-36.8
60.0
61.2
60.1
49.5
61.1
78.6
108.5
23.6
29.7
4
5
6
7
0.6
4.6
3.4
3.4
0.5
0.3
2.3
7.3
4.2
4.7
0.6
3.1
11.5
4.4
-0.1
0.9
12.6
4.4
-0.2
-3.6
11.0
3.3
-0.4
21.9
13.4
5.4
-0.2
1.2
13.3
3.8
-0.2
0.8
13.5
3.9
-0.2
-17.0
11.3
4.8
-0.2
3.9
12.2
5.0
-0.2
-2.1
4
5
6
7
102.5
90.6
111.6
108.0
101.9
97.5
129.5
78.6
105.9
111.3
111.6
9
10
11
-4.8
38.7
28.2
10.2
15.4
21.3
-10.5
125.8
-49.0
-11.7
176.0
-98.1
-1.7
81.1
-13.3
-4.3
238.2
-163.1
-8.6
79.0
3.2
-0.8
53.3
-22.0
-1.6
87.7
-8.2
-2.1
93.3
-10.8
-2.4
90.3
-12.1
9
10
11
12
13
39.8
0.7
42.7
0.9
42.8
2.6
40.6
1.3
37.4
-1.7
28.7
-2.1
56.9
-1.0
51.3
-3.2
31.3
-3.3
34.3
-3.4
33.0
2.8
12
13
-188.3
88.1
-184.6
35.5
-175.6
89.8
-111.0
80.4
-83.5
35.3
-111.4
28.0
-86.8
79.2
-83.5
91.4
-81.1
99.5
-81.6
-25.8
-87.8
-23.8
14
15
14
15
Corporate equities
Mutual fund shares
16
17
18
19
Miscellaneous assets
Unallocated insurance contracts (2)
Contributions receivable
Other
17.5
26.3
4.4
-13.2
11.3
38.2
0.7
-27.6
21.6
10.1
2.5
9.0
-32.9
-4.4
-1.3
-27.2
-6.8
-0.8
0.2
-6.1
-0.4
5.2
-0.8
-4.8
-80.6
-9.2
-0.9
-70.5
-25.5
-7.3
-0.6
-17.6
-16.1
1.0
-0.1
-17.1
-0.1
1.2
0.5
-1.8
14.7
1.8
1.0
11.9
16
17
18
19
20
32.3
-36.4
60.1
61.2
60.2
49.5
61.1
78.7
108.5
23.7
29.8
20
(1) Private defined benefit plans and defined contribution plans (including 401(k) type plans).
(2) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.
(3) Equal to the net acquisition of nonfinancial and financial assets less gross saving (line 2 + line 3 - line 1). These liabilities are assets of the household sector.
33
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
Gross saving
0.6
0.7
0.8
0.8
0.8
0.8
0.8
0.8
0.8
0.8
0.8
2.1
1.4
0.9
0.7
0.8
0.8
0.8
0.8
0.8
0.8
0.9
0.8
17.0
-28.2
-38.5
-57.5
-47.5
-8.5
-48.1
-42.5
-76.0
-63.3
4
5
6
7
4.8
-0.1
-1.4
-2.5
-0.2
-0.0
1.9
1.8
-0.0
-0.0
-0.0
-0.0
-0.5
-0.0
-0.4
-0.6
1.3
0.1
1.1
1.8
-1.2
-0.0
-0.9
-1.5
0.1
0.0
0.1
0.1
3.5
0.1
2.9
4.7
-0.9
-0.0
-0.8
-1.2
2.7
0.1
2.2
3.6
-0.0
0.0
-0.0
-0.0
4
5
6
7
12.3
13.3
-8.8
-8.2
16.0
-14.0
2.8
34.2
-18.1
60.3
-12.2
-4.4
-14.6
23.3
-12.5
4.8
6.3
-2.0
28.1
-30.5
-1.6
11.1
-21.7
1.7
2.7
4.1
-1.5
14.3
-29.1
0.1
0.3
0.4
4.6
9.2
14.1
-1.2
-4.0
-6.1
3.5
8.4
13.0
-0.0
-3.0
-4.6
9
10
11
-0.8
13.6
-4.7
-1.0
15.9
-0.3
0.0
-4.3
-0.1
0.1
3.8
0.1
-0.1
7.7
-0.1
0.3
1.5
0.4
0.0
1.9
0.0
0.2
7.0
-0.8
-0.1
-6.8
0.0
-0.2
35.2
0.4
-0.0
-4.7
0.1
12
13
14
9
10
11
12
13
14
Municipal securities
Corporate and foreign bonds
Mortgages
15
16
Corporate equities
Mutual fund shares
-6.4
-5.2
1.2
-1.1
-17.3
-2.5
-25.8
-3.8
-68.8
-10.1
-27.4
-4.0
-10.2
-1.5
-82.8
-12.1
-18.6
-2.7
-128.7
-18.8
-45.1
-6.6
15
16
17
Miscellaneous assets
-0.6
-0.0
0.5
0.7
1.2
1.6
0.2
1.4
-0.1
2.8
0.7
17
2.3
17.7
-28.0
-38.5
-57.5
-47.5
-8.5
-48.1
-42.5
-75.9
-63.2
18
-287.8
441.5
112.3
18
(1) Equal to the net acquisition of nonfinancial and financial assets less gross saving (line 2 + line 3 - line 1). These liabilities are assets of the household sector.
47.8
78.9
78.2
81.9
86.6
78.0
109.8
80.4
11.7
24.2
7.4
11.0
19.3
18.9
1.5
13.9
15.8
32.4
15.2
11.3
0.3
0.1
24.2
0.0
-0.1
6.8
0.6
0.1
10.1
0.7
0.2
18.0
0.8
0.5
14.9
2.6
1.4
3.9
-1.3
-1.1
14.9
-0.5
-0.6
13.7
1.3
0.7
30.5
1.1
0.8
12.9
1.3
0.9
3
4
5
2.7
33.3
-8.6
63.3
8.8
61.9
5.2
65.7
-3.4
70.8
-4.2
63.3
16.2
92.1
0.0
66.6
2.4
-305.9
-17.4
426.5
1.2
95.9
6
7
47.8
78.9
78.2
81.9
86.6
78.0
109.8
80.4
-287.8
441.5
112.3
(1) Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and nonmarketable government securities held by federal government retirement funds.
(2) 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.
(3) Liabilities of the sector are assets of the household sector.
34
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
720.9
724.2
-499.0
-502.9
-112.8
-130.6
-195.1
-92.6
-60.3
-318.7
20.3
2
3
4
5
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Security RPs
43.2
-4.8
63.9
211.3
2.0
5.6
84.6
-63.5
-32.2
10.4
217.9
-62.5
8.7
-3.7
-105.2
-0.5
-47.3
4.9
-88.0
4.6
46.5
-0.0
154.9
-9.3
6.8
-16.7
11.1
-126.1
6.6
55.9
-58.6
-90.8
18.8
15.7
-6.9
217.3
-102.0
-40.0
-252.3
-57.7
-112.7
-12.2
-34.0
-50.5
2
3
4
5
375.6
66.3
95.5
104.5
100.7
8.5
738.6
-56.1
399.5
520.3
23.6
-148.8
-644.0
-108.0
-171.3
-213.2
-93.3
-58.1
-410.0
-116.3
-71.0
-140.1
-66.9
-15.7
7.2
-39.0
107.9
0.9
-37.9
-24.6
-345.3
-26.5
-152.5
-78.8
-54.3
-33.3
-319.4
-90.8
-28.7
-133.9
-39.9
-26.1
58.5
69.9
141.3
-104.6
-45.9
-2.3
-109.8
-27.0
21.9
-57.3
-45.5
-1.9
109.8
-81.3
144.3
177.6
-30.5
-100.3
-29.6
-117.6
124.2
-12.2
-29.9
5.9
6
7
8
9
10
11
6
7
8
9
10
11
12
13
Miscellaneous assets
Net share issues (liabilities)
31.8
-43.1
11.3
7.7
5.8
22.7
249.2
-64.2
-195.4
23.5
259.3
12
720.9
724.2
-499.0
-502.9
-112.8
-130.6
-195.1
-92.6
-60.3
-318.7
20.3
13
(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance companies sector (table F.117).
Gross saving
Security RPs
4
5
6
7
8
9
10
11
12
Corporate equities
Miscellaneous assets
13
14
Discrepancy
13.4
-5.7
-83.3
-103.6
-94.8
-106.5
-109.4
-103.6
-103.6
-88.6
-83.6
364.7
31.0
490.5
389.3
411.3
570.3
405.5
1005.0
426.6
-228.0
441.6
-0.6
-7.4
28.6
-15.8
-22.3
29.4
10.3
324.3
13.1
-380.4
-46.4
271.1
-0.4
18.5
66.2
27.8
123.0
36.1
73.3
-62.5
8.7
27.3
17.4
69.9
12.4
380.7
28.6
67.6
46.4
90.6
146.2
1.3
374.3
-13.9
41.9
152.0
46.4
148.7
-0.8
421.5
-20.6
52.4
164.1
16.2
187.9
21.4
565.3
48.0
64.0
200.5
74.4
172.3
6.2
250.8
21.2
12.4
121.4
-24.9
125.9
-5.2
527.5
320.5
2.9
9.1
-45.9
184.7
56.2
388.9
-26.1
32.9
102.9
20.1
225.6
33.5
220.2
-346.0
90.9
284.6
27.2
167.4
-3.9
549.4
-30.8
83.0
259.9
63.6
173.9
-0.2
4
5
6
7
8
9
10
91.3
2.8
-38.1
3.2
86.3
-5.1
42.8
-12.0
0.6
11.5
3.4
-27.8
116.5
28.0
142.7
10.5
-7.0
31.6
-71.7
3.9
-61.5
-0.0
11
12
364.7
31.0
490.5
389.3
411.3
570.3
405.5
1005.0
426.6
-228.0
441.6
13
13.4
-5.7
-83.3
-103.6
-94.8
-106.5
-109.4
-103.6
-103.6
-88.6
-83.6
14
(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance companies sector (table F.117).
17.6
-63.4
5.6
0.1
-2.3
13.1
-15.9
1.5
5.7
20.2
-36.9
-0.9
-1.7
1.9
-1.0
18.4
-41.1
-2.4
-13.3
-25.3
-22.3
9.6
1.2
3.2
5.2
-4.1
5.0
0.7
0.1
4.1
-4.8
-1.1
-0.3
1.1
-1.9
-1.2
8.9
0.5
1.6
6.8
4.2
6.7
0.4
-5.2
11.4
-22.6
8.5
0.5
-2.3
10.3
-7.0
2.6
-0.1
5.0
-2.3
3.1
-19.4
-1.5
-7.3
-10.6
39.6
3.7
-0.2
9.1
-5.2
-40.6
2
3
4
5
6
17.6
-63.4
5.6
0.1
-2.3
13.1
-15.9
1.5
5.7
20.2
-36.9
150.5
177.2
116.5
117.8
110.3
133.2
186.7
86.4
116.7
77.1
161.0
13.3
6.6
0.6
6.2
137.2
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
88.2
38.8
11.4
1.0
26.4
71.5
35.2
-0.8
2.2
33.7
98.0
-3.2
-2.8
-0.8
0.4
189.9
21.7
7.1
-0.6
15.2
64.7
43.6
15.6
1.1
26.9
73.1
45.7
17.8
0.4
27.5
31.4
44.1
5.1
3.2
35.8
116.9
9
10
11
12
13
150.5
177.2
116.5
117.8
110.3
133.2
186.7
86.4
116.7
77.1
161.0
14
Exchange-traded funds
8
9
10
11
12
13
14
35
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
Gross saving
4.8
6.7
9.7
10.7
7.6
11.2
10.9
7.5
6.9
8.6
7.5
1.3
1.7
1.0
3.1
3.4
3.2
3.3
3.3
3.4
3.5
3.6
301.4
233.7
-360.7
-314.0
-254.2
-601.8
-161.9
-93.3
-495.3
-223.1
-205.0
-2.7
12.8
25.3
39.7
21.9
-28.2
11.1
-42.8
7.6
-36.0
0.3
20.6
-1.0
-12.7
-39.5
-207.1
-6.5
-0.3
64.2
15.9
-55.2
28.2
-9.3
25.2
-32.7
-2.5
-164.5
5.7
-45.7
-3.4
-5.0
6.9
-15.4
4
5
6
239.0
242.9
-337.8
-328.2
-199.4
-493.2
-195.6
21.8
-297.1
-358.8
-163.5
4
5
6
8
9
10
-4.7
1.3
-11.1
14.1
1.2
207.0
3.0
5.1
-27.4
0.2
33.3
-85.1
-3.4
20.0
-12.4
-7.5
-10.6
-50.6
5.3
-57.4
7.8
-1.7
13.5
-12.4
-0.8
19.2
-22.6
-0.3
20.8
-0.4
-11.0
26.5
-13.9
8
9
10
11
12
Municipal securities
Corporate and foreign bonds
-2.8
-17.4
-2.0
-77.7
-2.2
-33.8
-4.2
-16.9
-3.5
-35.9
-3.8
-18.9
-5.2
-57.7
-4.3
-36.6
-3.7
-59.0
-3.8
-22.9
-2.2
-25.0
11
12
13
14
15
16
237.7
0.0
11.9
225.8
38.1
0.0
4.8
33.3
-284.8
0.0
-0.2
-284.6
-144.7
0.0
7.2
-151.9
-71.5
0.0
-3.5
-68.0
-222.4
0.0
23.5
-245.9
-25.6
0.0
15.1
-40.7
-36.8
0.0
4.2
-41.0
-107.6
0.0
-8.8
-98.8
-156.2
0.0
-14.4
-141.8
14.7
0.0
5.0
9.7
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)
35.9
-9.7
0.0
-9.7
42.3
0.0
42.3
3.3
0.0
62.2
8.8
0.0
8.8
42.5
0.0
42.5
10.9
0.0
2.4
-11.3
0.0
-11.3
14.2
0.0
14.2
-0.5
0.0
-110.8
-117.3
-232.5
115.1
2.0
25.3
-23.3
4.6
0.0
-92.8
-93.1
-93.4
0.3
1.8
24.5
-22.6
-1.5
0.0
-179.4
-192.7
-251.7
59.0
8.5
12.0
-3.5
4.8
0.0
-62.8
-88.8
-136.2
47.4
20.5
49.5
-29.0
5.5
0.0
100.2
102.9
89.3
13.6
-1.6
23.9
-25.5
-1.0
0.0
-122.7
-115.5
-71.5
-44.1
-5.8
23.9
-29.6
-1.4
0.0
-196.1
-201.6
-252.3
50.8
7.1
21.3
-14.1
-1.6
0.0
-152.6
-158.3
-139.1
-19.3
7.6
28.9
-21.3
-1.8
0.0
17
18
19
20
21
22
23
24
25
27.0
-42.6
1.2
29.3
-1.6
105.4
8.8
-159.2
1.5
179.2
-27.8
26
325.6
336.4
-317.1
-263.8
-193.7
-499.7
-178.0
-37.4
-463.7
-138.8
-134.9
27
282.4
282.4
0.0
282.4
0.0
271.7
271.7
0.0
271.7
0.0
-475.3
-475.3
0.0
-475.3
0.0
-233.8
-233.8
-207.2
-26.5
0.0
-200.8
-200.8
-68.9
-131.9
0.0
-372.1
-372.1
-239.7
-132.3
0.0
-254.3
-254.3
-86.8
-167.5
0.0
11.1
11.1
113.1
-102.0
0.0
-479.9
-479.9
-47.6
-432.3
0.0
-138.3
-138.3
-231.0
92.7
0.0
-196.0
-196.0
-110.2
-85.8
0.0
28
29
30
31
32
27.6
96.0
38.1
23.7
10.6
6.9
8.0
27.5
27.1
32.0
33
26
27
Miscellaneous assets
Net increase in liabilities
28
29
30
31
32
33
Corporate equities
25.5
Miscellaneous liabilities
17.7
37.1
62.2
-68.1
-16.6
-138.2
69.4
-56.5
-11.3
-27.7
29.1
34
27.7
107.8
52.2
57.7
64.6
110.1
-8.5
60.2
35.2
89.3
74.0
35
34
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.125) 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.
623.3
497.0
415.3
186.9
162.6
159.7
189.6
263.7
146.5
124.0
116.3
2
3
4
5
Home mortgages
Multifamily residential mortgages
Commercial mortgages
Farm mortgages
622.6
-0.7
0.0
1.4
492.2
4.6
0.0
0.1
402.5
13.0
0.0
-0.2
175.8
11.3
0.0
-0.2
148.1
16.6
0.0
-2.1
145.6
14.2
0.0
-0.1
176.9
12.8
0.0
-0.2
248.3
17.5
0.0
-2.1
123.2
23.4
0.0
-0.1
114.1
15.9
0.0
-6.0
106.7
9.6
0.0
0.0
2
3
4
5
623.3
497.0
415.3
186.9
162.6
159.7
189.6
263.7
146.5
124.0
116.3
(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.124). 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.
36
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
Gross saving
0.6
0.5
0.4
0.4
0.4
0.4
0.4
0.4
0.4
0.4
0.3
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
340.5
-407.7
-739.9
-520.0
-269.9
-465.5
-431.0
-329.3
-257.9
-273.0
-219.6
24.7
28.6
88.6
-13.6
-27.0
37.9
-18.3
-229.2
-51.1
-13.8
-106.9
-39.0
-10.9
-5.4
-12.7
-14.4
-92.4
-19.2
-9.9
-48.7
-52.8
-16.7
-15.2
-81.9
1.6
4.2
38.8
-19.9
2.4
-6.7
-8.7
-13.0
-0.8
4
5
6
172.7
34.2
20.6
117.8
-351.6
-311.9
-10.8
-28.9
-365.7
-318.5
-5.8
-41.4
-294.1
-240.4
-8.7
-45.1
-221.9
-194.0
-7.7
-20.2
-300.0
-236.3
-8.5
-55.3
-299.3
-244.7
-15.8
-38.8
-206.7
-217.1
-2.8
13.1
-253.1
-194.8
-10.4
-47.8
-213.7
-185.2
-7.6
-20.9
-213.9
-179.0
-9.8
-25.1
7
8
9
10
22.6
3.4
-37.3
-16.1
-41.3
-34.3
-56.8
-9.5
-14.8
-4.3
-39.9
0.4
-10.9
-9.5
-15.8
7.1
-39.6
-9.8
-20.5
-14.5
16.7
0.1
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
340.0
-408.1
-740.2
-520.3
-270.2
-465.8
-431.3
-329.6
-258.1
-273.2
-219.9
13
14
15
Commercial paper
Corporate bonds (net) (3)
-194.2
534.3
-83.9
-324.3
-266.2
-474.0
-40.3
-480.0
-24.3
-245.9
114.8
-580.6
-108.6
-322.8
54.3
-383.8
-44.3
-213.8
51.2
-324.4
-158.5
-61.4
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
-0.5
-17.9
-0.4
-46.7
-0.4
-25.3
-0.3
0.4
-0.3
1.0
-0.3
-2.5
-0.3
-5.3
-0.3
2.7
-0.3
-1.4
-0.3
3.6
-0.3
-0.8
17
18
16
Discrepancy
17
18
Memo:
Securitized assets not included above
Consumer leases (4)
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.128.
Gross saving
76.1
88.4
92.4
111.5
73.1
120.8
137.3
77.5
73.2
75.4
66.4
61.9
42.5
16.5
29.0
32.0
29.7
30.2
30.9
31.4
32.6
33.1
19.9
-59.5
-189.2
-164.3
-41.6
-174.1
-36.4
-22.9
-128.9
-28.5
13.8
4
5
0.4
1.2
0.3
0.8
0.5
1.6
-1.7
-5.0
0.4
1.2
-2.4
-7.3
-0.9
-2.7
1.7
5.2
0.3
0.8
1.9
5.7
-2.3
-6.8
4
5
16.6
4.5
24.9
-62.5
49.7
-72.3
3.0
16.9
-84.0
-8.3
-223.3
6.3
-91.0
-50.5
-88.0
-141.7
-19.6
-19.0
-56.9
-46.2
-55.6
4.8
-7.2
-41.0
-12.2
-159.2
-28.6
35.6
-56.9
-109.3
-50.4
-10.3
-5.6
-63.5
29.1
-53.3
20.4
-18.3
-61.2
5.8
-108.7
3.3
-53.5
-29.5
-28.9
-84.1
22.3
0.3
-49.6
-57.2
23.8
-26.6
42.5
-23.5
31.4
6
7
8
9
10
6
7
8
9
10
11
12
1.7
11.8
31.9
-15.9
12.3
-5.1
17.5
23.4
-21.4
48.0
-0.9
11
26.5
-69.1
-250.2
-185.5
-52.6
-220.0
-28.1
-84.6
-128.9
-10.1
13.4
12
13
14
15
16
17
34.9
-15.1
-2.8
52.8
0.0
-79.4
-22.6
-49.6
-7.1
0.0
-156.2
-38.8
-87.0
-30.4
0.0
-173.9
1.7
-110.7
-64.9
0.0
-38.7
-2.2
-41.2
4.7
0.0
-143.0
-16.0
-46.1
-80.9
0.0
-66.5
-0.7
-17.5
-48.2
0.0
-9.7
30.7
-90.8
50.4
0.0
-169.8
-26.3
-58.8
-84.8
0.0
40.2
-2.2
53.4
-10.9
0.0
-15.3
-10.9
-68.7
64.2
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
-1.5
-6.9
-5.6
-13.4
12.0
-0.1
10.4
12.2
-8.4
6.5
-2.8
-91.2
12.1
-32.6
-70.7
0.3
-11.8
2.4
-15.9
1.6
0.0
-13.9
5.3
3.1
-22.2
0.6
-77.6
6.5
-4.1
-80.0
0.5
37.9
0.4
-31.7
69.2
-0.5
-74.3
4.3
-28.2
-50.5
0.1
40.8
11.5
42.3
-13.0
2.0
-52.4
-1.6
-3.0
-47.8
-1.6
30.3
6.9
1.2
22.3
18
19
20
21
22
23
Discrepancy
20.8
36.3
14.9
61.3
30.2
45.3
115.4
-15.0
41.7
61.2
32.9
23
24
Memo:
Consumer leases not included above (2)
16.9
-11.8
-25.7
-15.7
5.2
-9.7
-8.3
2.4
2.0
4.3
12.1
24
37
2008
2009
2010
2011
2010
Q3
Gross saving
2
3
7
8
9
10
11
12
13
14
2011
Q4
Q1
Q2
Q3
Q4
-18.0
-11.6
7.1
7.3
5.5
6.0
7.4
7.1
5.2
7.2
2.6
11.2
-9.3
6.0
0.1
3.8
-0.1
2.6
4.7
2.8
-1.2
2.6
7.7
2.7
1.7
2.7
1.6
2.8
3.9
2.9
9.3
3.0
-19.5
2
3
-26.1
-67.9
-9.3
41.8
132.0
70.6
27.8
254.5
177.5
110.1
-14.3
-1.8
1.8
7.9
-2.8
6.5
-5.6
-4.4
22.0
-12.9
13.8
3.0
-19.9
-68.9
-8.7
37.1
114.7
59.3
53.3
207.8
175.8
89.2
-14.2
23.5
-30.2
0.7
-22.8
15.5
3.8
38.2
5.3
93.7
6.2
55.7
7.7
58.4
3.0
189.6
15.1
104.8
6.5
88.8
3.6
-8.3
-0.4
7
8
Mortgages
Home
Multifamily residential
Commercial
-13.2
-23.5
0.2
10.1
-46.9
-46.4
-0.9
0.4
-28.0
-21.7
-2.0
-4.3
-6.3
-3.7
-0.4
-2.3
14.7
14.1
-0.2
0.8
-4.1
-0.6
-0.5
-3.0
-8.1
0.6
-0.5
-8.2
3.1
0.4
-0.5
3.1
64.5
54.4
-0.0
10.1
-3.1
5.6
-0.3
-8.4
-5.5
-3.9
-0.2
-1.4
9
10
11
12
-4.4
-0.8
-8.5
7.4
10.8
16.9
-21.2
24.7
14.5
7.1
-3.1
13
25.7
-56.1
-28.5
71.0
170.6
85.5
71.4
287.3
231.3
162.4
1.4
14
Miscellaneous assets
Net increase in liabilities
15
Security RPs
-6.2
-12.3
11.1
30.0
89.5
30.6
73.7
161.9
104.5
95.2
-3.4
15
16
10.2
-53.8
-50.0
-2.1
31.1
35.7
-40.2
44.5
75.9
25.9
-22.0
16
0.0
0.7
4.8
4.7
0.0
-60.3
-0.3
6.8
0.0
-41.3
-12.1
3.4
0.0
-0.1
-2.2
0.2
0.0
25.3
-1.5
7.2
0.0
28.9
3.7
3.1
0.0
-37.5
2.4
-5.0
0.0
46.4
-9.0
7.1
0.0
59.9
-2.4
18.4
0.0
2.6
19.1
4.2
0.0
-7.5
-13.6
-0.9
17
18
19
20
17.1
4.6
12.8
-2.7
24.2
-13.8
28.2
14.9
37.5
12.5
24.4
-5.2
44.4
-6.4
64.1
16.7
39.8
11.2
30.7
10.7
15.3
11.5
21
22
31.9
-5.8
-15.8
29.3
42.5
10.6
46.7
35.7
52.4
47.3
34.8
23
-17.9
0.0
-20.2
-0.0
2.4
-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
1.0
0.0
1.3
-0.0
-0.3
-2.5
0.0
-0.9
-0.0
-1.5
-5.3
0.0
-0.0
-0.0
-5.2
2.7
0.0
0.6
-0.0
2.2
-1.4
0.0
0.3
-0.0
-1.7
3.6
0.0
5.0
-0.0
-1.3
-0.8
0.0
-0.6
-0.0
-0.2
24
25
26
27
28
17
18
19
20
21
22
23
Discrepancy
24
25
26
27
28
Memo:
Securitized assets included above
Agency- and GSE-backed securities
Home mortgages
Multifamily residential mortgages
Commercial mortgages
38
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
Gross saving
-20.7
-98.5
35.4
44.6
28.0
38.1
54.5
27.0
29.6
28.5
27.2
25.7
21.3
25.1
24.6
27.1
25.2
25.6
26.1
26.7
27.8
28.1
350.3
-874.8
-133.0
-9.1
-121.6
230.1
-77.5
342.4
108.3
-548.5
-388.7
24.5
219.7
22.8
7.1
152.2
-0.7
27.3
11.1
25.4
33.4
47.3
15.1
-85.7
-21.4
250.6
-47.5
-11.4
-259.0
3.1
-28.5
-160.7
-615.1
-29.4
-192.1
-24.2
-67.6
-131.8
-3.3
47.5
-12.7
-4.6
38.1
54.9
6.2
32.2
-5.3
-28.5
38.9
4.6
35.2
-12.7
-18.5
75.2
-104.2
17.9
9.7
5.9
93.3
-2.0
-8.5
-77.7
-1.2
-7.2
-39.7
-102.4
13.8
76.2
4.4
-19.7
46.6
16.8
33.9
-5.9
-40.7
66.7
114.1
29.6
-94.3
8.2
-82.6
-94.9
3.2
76.8
-5.1
28.9
178.0
-219.6
-19.3
69.2
13.4
8.4
13.7
-12.0
47.7
-2.0
32.1
150.2
110.2
65.4
31.1
10.6
-28.0
85.9
14.3
-50.8
-1.0
3.4
-11.5
20.0
27.4
-107.9
-7.4
136.6
-31.9
-15.8
-187.4
-1.9
-37.6
-243.7
-186.8
-1.9
46.4
7.1
256.1
-75.9
-20.6
-120.2
-0.1
-26.8
-53.6
-352.9
4
5
6
7
8
9
10
11
12
13
14
392.4
-683.2
-205.4
-6.3
-86.2
238.7
-86.9
311.3
149.9
-368.5
-437.4
15
75.5
-4.0
-4.0
0.0
32.3
-2.4
243.0
210.8
29.3
3.0
-0.6
46.2
9.0
-36.1
73.4
2.4
-560.3
77.7
32.3
45.5
120.2
-24.7
-237.3
-123.8
12.8
-126.3
0.3
-70.7
55.8
65.8
-192.2
11.5
-57.5
-49.7
-4.2
-45.5
-32.4
48.9
-134.0
-74.1
-59.2
-0.8
3.2
19.8
3.5
-81.6
97.9
-3.6
-66.2
36.9
36.9
0.0
-11.1
-52.0
48.4
25.7
-5.8
28.5
-2.1
39.5
30.5
-15.7
24.7
0.4
-191.6
-37.9
-37.9
0.0
14.6
-3.9
137.3
58.1
37.6
41.6
-1.5
-1.0
13.0
15.4
-29.3
-2.2
86.1
-19.2
-19.2
0.0
-34.4
12.3
38.5
43.2
-81.6
76.9
8.0
155.9
43.5
153.6
-41.3
-8.5
134.7
134.4
134.4
0.0
-41.4
-148.0
25.7
-10.1
32.8
3.0
-10.9
-185.2
69.0
-285.6
31.3
3.7
134.7
-5.9
-5.9
0.0
-11.0
1.6
-22.0
36.2
-0.7
-57.5
2.3
220.3
6.8
157.4
56.0
-8.6
-166.8
-72.7
-72.7
0.0
30.8
3.4
284.7
217.7
44.3
22.8
0.4
70.0
15.8
-128.4
182.6
-0.0
-827.7
-43.4
-43.4
0.0
134.0
-11.9
465.7
188.7
94.9
182.1
-2.6
-90.1
16.0
-68.3
-37.7
7.4
93.4
-29.7
-29.7
0.0
-95.5
-8.5
-179.3
-210.3
11.8
19.2
-6.3
-204.1
13.2
100.8
-318.1
-7.4
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
-4.3
71.9
-62.1
22.9
36.4
21.6
19.4
-30.2
44.5
180.7
-49.6
32
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
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).
380.3
973.2
-450.3
-136.5
-95.6
155.3
36.6
-563.4
-64.7
95.7
150.1
325.4
0.0
-62.7
-179.0
109.6
6.7
0.0
117.6
43.7
73.9
274.0
0.0
657.1
144.7
497.3
15.1
0.0
42.1
35.6
6.4
-175.3
0.1
-233.0
-266.8
43.6
-9.8
25.1
-67.2
-73.5
6.3
-169.1
0.0
77.9
27.5
51.9
-1.5
1.3
-46.5
-31.5
-15.0
-25.8
0.0
-66.3
-45.7
-17.4
-3.2
-26.4
22.9
-33.7
56.6
17.3
0.0
-34.6
66.3
-100.9
-0.0
1.3
171.3
106.7
64.7
62.3
0.0
86.2
-138.1
221.6
2.7
1.3
-113.2
-22.0
-91.2
-92.4
0.0
-476.2
-290.7
-174.4
-11.1
-105.5
110.8
69.5
41.3
-27.0
0.0
-60.3
4.5
-63.9
-0.9
0.0
22.7
-62.1
84.8
-185.9
0.0
352.0
215.9
136.9
-0.7
0.0
-70.5
-133.1
62.7
202.4
0.0
-80.8
-112.6
31.8
-0.0
0.0
28.6
-9.2
37.8
2
3
4
5
6
7
8
9
10
11
380.3
973.2
-450.3
-136.5
-95.6
155.3
36.6
-563.4
-64.7
95.7
150.1
12
114.5
62.9
51.5
0.0
0.0
0.0
265.9
0.6
-2.1
0.0
267.3
466.4
20.1
1.4
444.9
0.0
40.0
466.7
0.6
-353.2
0.0
819.4
-434.8
-125.1
37.9
-349.6
2.0
30.5
-45.9
0.6
-30.2
2.4
-18.7
-65.3
-47.4
-3.2
-21.9
7.2
3.5
-74.6
0.6
-123.5
7.9
40.4
-39.5
-59.9
71.6
-51.9
0.7
-18.4
-37.7
0.6
-75.0
1.4
35.3
134.5
114.5
52.8
-34.7
1.9
1.3
19.5
0.6
31.7
5.0
-17.8
-141.8
-32.7
-100.8
-11.8
3.4
1.3
177.1
0.6
-160.5
3.1
333.8
-67.1
-13.5
39.6
-93.8
0.6
-60.4
-436.0
0.6
-95.2
0.6
-342.0
36.3
-41.9
106.4
-29.6
1.4
0.0
-100.9
0.6
72.8
2.5
-176.9
31.4
-0.4
77.1
-45.9
0.6
-9.2
73.5
0.6
-3.1
2.2
73.9
-158.8
-184.0
63.4
-38.2
0.1
-3.9
312.8
0.6
-274.5
0.2
586.5
13
14
15
16
17
18
19
20
21
22
23
(1) Funding subsidiaries, nonbank financial holding companies, 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.
39
2008
2009
2010
2011
2010
Q3
3
4
5
6
2011
Q4
Q1
Q2
Q3
Q4
0.1
4.8
99.9
1.8
21.7
4.4
-0.8
14.5
25.1
16.3
31.1
0.0
0.0
47.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.2
-1.0
1.0
4.8
0.1
3.5
1.3
52.3
48.2
3.4
0.7
1.8
0.0
1.3
0.5
21.7
-0.9
22.7
-0.1
4.4
0.0
3.8
0.5
-0.8
0.0
-1.3
0.4
14.5
-7.8
25.7
-3.4
25.1
0.6
23.9
0.5
16.3
0.1
15.6
0.6
31.1
3.6
25.4
2.1
3
4
5
6
0.1
4.8
99.9
1.8
21.7
4.4
-0.8
14.5
25.1
16.3
31.1
-0.4
0.0
0.2
-1.0
0.5
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
21.9
0.0
-0.9
22.8
-0.0
4.1
0.0
0.0
3.8
0.3
-1.0
0.0
0.0
-1.3
0.2
16.3
0.0
-7.8
25.8
-1.7
24.8
0.0
0.6
23.9
0.3
16.0
0.0
0.1
15.6
0.3
30.5
0.0
3.6
25.9
1.0
8
9
10
11
12
8
9
10
11
12
Federal government
Monetary gold (2)
SDR holdings
Reserve position in IMF (net)
Foreign currency holdings
13
14
15
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
0.0
0.0
0.0
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
0.5
0.0
0.0
0.5
0.6
0.0
-0.0
0.6
0.3
0.0
0.0
0.3
0.3
0.0
0.0
0.3
-0.2
0.0
-0.1
-0.0
0.3
0.0
0.0
0.3
0.2
0.0
0.0
0.2
-1.8
0.0
-0.1
-1.7
0.3
0.0
0.0
0.3
0.3
0.0
0.0
0.3
0.6
0.0
-0.5
1.0
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
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
1
2
Treasury currency:
3
4
-0.7
0.5
-0.8
-0.0
-0.4
4.0
-0.3
0.9
0.0
0.7
-1.1
0.8
0.0
0.5
0.0
1.0
0.0
0.7
0.0
0.5
0.0
0.5
3
4
Discrepancy (seigniorage)
-1.2
-0.8
-4.4
-1.1
-0.7
-1.9
-0.5
-1.0
-0.7
-0.5
-0.5
2
3
4
5
256.0
-394.3
-106.1
71.7
-16.1
33.6
97.4
181.8
-64.1
-32.7
-149.4
15.4
0.9
43.2
-23.7
-25.5
2.0
-6.4
6.8
-32.2
4.3
40.5
8.7
-1.6
22.1
-47.3
2.0
41.8
46.5
5.8
48.6
6.8
10.9
28.1
6.6
-3.8
20.8
18.8
-2.0
20.7
-102.0
-11.4
18.7
-112.7
2
3
4
196.5
-347.1
-74.4
18.2
10.7
-56.8
36.2
136.2
-99.8
50.6
-44.0
40
2008
2009
2010
2011
2010
Q3
1
2
3
4
5
6
7
8
9
10
11
12
13
2011
Q4
Q1
Q2
Q3
Q4
-97.5
1801.9
-609.0
-185.8
821.9
-305.2
274.7
2989.5
128.2
400.7
-231.0
5.4
139.0
-191.1
-50.9
842.0
789.0
240.5
-69.5
114.2
-562.7
-158.9
-1.6
-11.1
-247.2
48.1
24.4
602.3
-349.0
493.4
75.1
-166.6
-31.9
-134.8
28.1
105.8
107.5
73.6
-12.2
1795.1
80.4
1103.1
10.8
762.7
-907.8
124.1
149.2
-12.7
-311.9
742.9
-17.6
-135.8
-256.7
3.6
158.0
2
3
4
5
-99.3
1771.4
-643.4
-165.6
794.3
-366.2
138.0
2935.5
369.4
226.3
-354.0
-153.6
48.9
4.4
0.4
0.6
0.0
419.8
509.6
562.9
238.0
36.4
4.7
-293.9
-463.7
44.4
45.1
6.5
18.1
-58.7
-95.7
-91.2
66.7
-0.7
14.1
191.2
0.8
215.1
360.2
17.8
9.2
-199.5
-0.0
-250.4
63.9
-14.2
34.0
31.9
0.3
-37.3
143.0
-6.5
6.6
1140.9
-0.5
515.9
1160.3
47.3
71.5
-395.4
2.1
657.3
146.7
-23.2
-18.1
238.4
0.6
-365.4
339.8
46.7
-33.8
-219.0
0.9
52.7
-206.0
0.2
17.2
7
8
9
10
11
12
1.8
30.6
34.4
-20.2
27.6
61.0
136.6
54.0
-241.2
174.4
123.0
13
3.3
3.3
2.7
2.7
-2.8
-2.8
-2.2
-2.2
8.1
8.1
-10.9
-10.9
-28.2
-28.2
39.3
39.3
6.9
6.9
-18.9
-18.9
5.1
5.1
14
15
2.1
1.1
0.4
0.6
0.0
839.2
560.2
238.0
36.4
4.7
117.0
47.2
45.1
6.5
18.1
-8.9
-89.0
66.7
-0.7
14.1
594.2
207.0
360.2
17.8
9.2
-155.7
-239.5
63.9
-14.2
34.0
134.0
-9.1
143.0
-6.5
6.6
1755.7
476.6
1160.3
47.3
71.5
755.8
650.4
146.7
-23.2
-18.1
6.2
-346.5
339.8
46.7
-33.8
-140.9
47.6
-206.0
0.2
17.2
16
17
18
19
20
48.9
0.3
48.6
48.9
509.6
-1.5
511.1
509.6
-463.7
-0.6
-463.1
-463.7
-95.7
0.7
-96.4
-95.7
0.8
0.8
-0.0
0.8
-0.0
1.5
-1.5
-0.0
0.3
0.6
-0.3
0.3
-0.5
0.2
-0.7
-0.5
2.1
1.9
0.2
2.1
0.6
0.6
-0.0
0.6
0.9
0.6
0.3
0.9
21
22
23
24
63.9
64.2
0.3
172.6
131.5
-41.1
-109.3
-21.3
88.0
-83.3
22.7
106.0
-290.4
-218.3
72.1
24.8
3.0
-21.8
-8.3
9.1
17.4
-52.4
-42.7
9.7
-306.2
-461.5
-155.3
-406.7
-0.7
406.0
-396.3
-368.1
28.2
25
26
27
-168.8
4.5
173.3
244.3
7.4
-236.9
-171.2
2.5
173.7
44.0
96.7
52.7
505.1
190.0
-315.0
-145.2
94.4
239.6
110.0
142.0
31.9
1144.5
697.0
-447.4
161.4
-77.2
-238.6
688.5
128.6
-559.9
25.9
11.7
-14.2
28
29
30
-42.2
31.9
74.1
9.1
92.0
83.0
-23.5
-15.7
7.8
-10.6
-7.6
3.0
-26.4
-40.4
-14.0
-77.9
-64.5
13.4
-69.2
-6.5
62.7
55.1
77.2
22.2
-257.5
-183.5
74.0
-38.5
1.9
40.5
135.2
-57.4
-192.7
31
32
33
6.6
6.0
0.6
6.2
6.6
-0.4
-10.1
-15.2
5.1
8.8
5.7
3.1
-3.0
-1.5
-1.5
1.2
-7.7
8.9
0.6
6.3
-5.7
6.2
-0.1
6.4
-6.8
-1.0
-5.9
4.8
2.6
2.3
-16.1
-7.5
-8.7
34
35
36
-153.6
419.8
-293.9
-58.7
191.2
-199.5
31.9
1140.9
-395.4
238.4
-219.0
37
32.2
16.5
15.4
-0.7
113.4
-16.9
-47.3
-0.1
-4.9
8.3
-22.2
-3.9
-62.4
-23.2
-1.7
-1.3
-60.9
29.6
-0.0
2.0
-64.4
86.8
21.1
4.7
121.7
166.9
23.3
6.9
133.2
81.4
21.2
6.3
-604.7
-275.7
-44.5
10.0
96.8
184.2
8.6
1.2
131.2
128.4
14.7
-9.3
38
39
40
41
-15.7
-6.3
-9.4
-130.3
-51.6
-78.7
13.2
-4.7
17.9
39.3
5.6
33.7
90.5
-13.1
103.6
151.2
40.5
110.7
45.1
-18.8
63.9
-51.7
-13.8
-37.9
329.1
-87.6
416.7
87.4
65.2
22.2
-2.8
-16.3
13.5
42
43
44
1.8
30.6
34.4
-20.2
27.6
61.0
136.6
54.0
-241.2
174.4
123.0
45
Memo:
Vault cash:
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
41
2008
2009
2010
2011
2010
Q3
1
2
3
4
5
6
2011
Q4
Q1
Q2
Q3
Q4
36.7
568.4
-7.9
266.3
232.8
112.0
476.9
-511.1
510.3
426.4
505.7
17.8
11.4
0.9
-0.0
5.5
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
-122.2
-255.0
51.1
-3.2
85.0
64.0
81.0
-93.5
5.0
71.5
230.0
128.2
37.9
3.5
60.4
-822.6
-897.0
-13.3
-12.8
100.6
165.2
78.5
-11.6
0.9
97.3
-81.7
-315.6
150.1
9.1
74.8
250.5
114.0
79.3
-10.0
67.1
2
3
4
5
6
9.0
14.9
5.0
-10.9
140.8
-39.5
31.2
149.1
80.9
0.3
-28.7
109.2
70.3
-0.1
-3.8
74.3
314.0
-2.7
19.6
297.1
40.9
-8.2
-19.7
68.9
217.1
50.7
-6.7
173.1
282.4
-11.7
45.9
248.1
346.0
-30.9
-2.3
379.2
415.3
-10.9
16.9
409.4
212.3
42.7
17.8
151.8
7
8
9
10
7
8
9
10
11
12
13
2.6
0.3
2.3
1.7
2.4
-0.7
2.6
5.8
-3.2
5.7
4.1
1.7
23.7
4.4
19.3
8.4
5.6
2.8
13.3
10.5
2.8
-4.4
-5.5
1.1
9.8
8.7
1.1
60.0
9.6
50.4
29.5
4.9
24.6
11
12
13
14
15
16
1.7
4.5
1.1
-1.1
-2.9
1.6
1.4
13.1
11.6
0.5
-0.8
5.5
2.8
4.4
10.0
0.7
-3.0
1.0
-1.3
2.1
15.8
2.2
6.4
25.0
3.9
-8.2
-6.4
-0.5
13.1
20.0
5.5
6.5
1.4
14
15
16
568.4
-7.9
266.3
232.8
112.0
476.9
-511.1
510.3
426.4
505.7
17
17
36.7
18
Household sector
-71.8
236.8
38.2
-145.0
119.5
-87.9
-104.6
51.0
22.7
335.5
68.9
18
19
20
21
22
23
Nonfinancial business
Corporate
Noncorporate
State and local governments
Federal government
58.4
-8.5
66.9
-4.8
25.1
-104.9
-108.7
3.8
8.5
313.1
147.8
127.4
20.4
19.2
-174.2
257.8
279.0
-21.2
6.7
148.9
232.1
226.9
5.2
15.7
-257.8
234.0
253.5
-19.5
10.2
71.7
373.0
376.3
-3.3
3.0
175.2
229.1
228.1
0.9
14.1
-846.0
230.5
227.1
3.4
27.9
-14.9
233.5
226.2
7.3
6.5
-322.1
235.3
226.3
9.0
14.4
151.7
19
20
21
22
23
24
25
26
-5.4
5.2
-10.7
64.0
34.8
29.2
-9.2
-21.8
12.6
29.5
1.2
28.3
75.8
20.8
55.0
33.0
-9.0
42.1
61.0
7.2
53.8
77.9
27.6
50.3
63.3
7.3
56.0
74.0
35.6
38.5
88.0
12.8
75.3
24
25
26
27
Financial sectors
34.2
56.1
-29.4
-30.5
46.5
-151.5
-31.3
24.3
118.1
100.5
-56.7
27
28
29
30
-0.3
-0.5
-1.1
0.6
-11.2
-5.7
1.0
-4.2
1.4
-0.9
-2.4
-6.3
1.2
-2.0
12.2
-0.5
9.9
14.9
-7.7
-22.1
-28.6
3.1
5.6
-77.0
1.2
5.3
50.4
1.9
-13.3
88.0
-1.2
-5.7
-12.8
28
29
30
31
32
33
34
12.8
2.3
0.6
4.8
-14.8
24.4
0.5
-0.2
-0.3
-32.1
4.2
-0.0
5.0
1.0
11.5
-0.5
-10.8
3.3
12.6
1.3
8.9
6.9
11.0
-1.2
-26.8
-31.2
13.4
0.1
4.8
-17.6
13.3
3.5
7.1
5.7
13.5
-0.9
-39.7
40.8
11.3
2.7
-15.3
-15.6
12.2
-0.0
31
32
33
34
35
36
37
38
39
-4.8
-2.7
0.4
-1.8
24.5
5.6
39.7
0.3
1.8
15.1
10.4
11.1
0.5
7.9
-29.4
-3.7
-36.0
-1.7
-2.8
6.2
4.9
-1.0
0.4
6.5
17.9
-0.0
-207.1
-2.4
-5.6
13.8
-16.7
64.2
-0.9
-4.4
29.6
55.9
28.2
1.7
22.0
-19.3
15.7
-32.7
0.3
-12.9
65.4
-40.0
5.7
1.9
13.8
27.4
-12.2
-5.0
-2.3
3.0
-1.9
35
36
37
38
39
1.0
-5.2
-0.3
-1.1
1.0
2.4
0.7
-61.4
62.7
-1.6
4.1
40
40
Mail float
42
2008
2009
2010
2011
2010
Q3
1
2
2011
Q4
Q1
Q2
Q3
Q4
599.9
334.2
375.4
116.1
373.2
547.9
213.9
215.3
916.0
62.1
299.3
316.4
524.8
517.2
298.4
577.9
453.7
363.6
99.1
914.1
749.2
549.2
255.0
6.9
1.1
540.2
0.1
1.1
382.9
4.4
-2.9
276.9
5.8
-5.2
535.0
13.2
-0.4
307.0
76.7
0.5
269.9
-60.2
-1.9
208.2
27.7
0.3
920.4
19.2
-0.8
619.5
14.0
-0.1
391.8
-8.0
-0.9
3
4
5
3
4
5
6
7
Savings institutions
Credit unions
27.6
25.8
-59.6
43.0
89.4
43.4
-5.2
26.2
0.7
29.4
19.3
50.1
139.4
16.4
-133.3
-3.9
-54.7
30.0
65.0
50.8
125.7
40.6
6
7
283.4
-190.6
-141.8
-182.3
-204.7
94.2
-149.7
116.2
1.9
-687.1
-249.9
9
10
11
23.1
273.4
1.1
24.6
-123.2
1.1
-174.0
173.9
-2.9
-150.1
-49.6
-5.2
-53.5
-172.4
-0.4
-138.5
199.6
0.5
-265.8
90.2
-1.9
-15.2
112.2
0.3
-37.6
33.3
-0.8
-159.9
-563.0
-0.1
-1.3
-271.9
-0.9
9
10
11
12
13
Savings institutions
Credit unions
-19.0
4.8
-93.5
0.5
-155.8
17.0
19.9
2.7
18.0
3.5
28.2
4.4
25.3
2.5
14.3
4.6
6.8
0.3
31.3
4.6
19.7
4.6
12
13
375.4
116.1
373.2
547.9
213.9
215.3
916.0
62.1
299.3
14
14
599.9
334.2
15
Household sector
477.2
194.3
107.2
230.3
287.4
250.0
119.0
-9.8
816.2
153.4
189.6
15
16
17
18
Nonfinancial business
Corporate
Noncorporate
-40.7
-55.7
14.9
-60.7
-59.4
-1.2
102.1
106.9
-4.8
-31.6
-17.2
-14.4
130.3
127.7
2.5
118.6
131.9
-13.2
-0.6
1.6
-2.2
201.6
201.9
-0.3
97.1
95.7
1.4
108.9
104.9
4.0
113.5
108.3
5.2
16
17
18
19
20
21
36.4
1.2
40.3
19.1
-1.3
65.5
10.8
0.3
-43.1
-0.4
0.1
17.7
17.7
-0.3
24.9
6.8
-0.2
23.6
3.6
0.8
65.9
5.4
-1.8
59.1
20.4
0.5
-5.5
13.1
0.6
55.0
32.0
-0.4
-9.1
19
20
21
22
Financial sectors
85.6
117.3
198.0
-99.9
-86.8
149.2
25.2
-39.3
-12.8
-268.9
-26.3
22
23
24
Savings institutions
Credit unions
3.3
-0.0
-1.6
11.4
7.0
9.5
-0.0
5.6
5.9
2.2
-2.0
6.9
-9.5
4.9
23.2
-3.7
-7.9
-0.3
13.4
5.2
-4.9
7.5
23
24
25
26
4.6
-0.1
0.3
-0.0
4.7
-0.0
4.4
-0.0
4.4
0.1
3.3
-0.0
5.4
0.0
3.8
0.1
3.9
-0.0
4.8
0.1
5.0
0.0
25
26
27
28
29
63.9
12.8
1.2
84.6
21.9
0.8
217.9
-42.8
1.6
-105.2
0.3
-5.0
-88.0
-12.7
1.2
154.9
-6.5
-7.3
11.1
15.9
-2.7
-58.6
-9.3
5.2
-6.9
-2.5
0.8
-252.3
-45.7
5.7
-34.0
6.9
-6.8
27
28
29
-130.6
-195.1
-92.6
-60.3
-318.7
20.3
(1) Large time deposits are those issued in amounts of $100,000 or more.
Net issues
720.9
724.2
-499.0
-502.9
-112.8
Net purchases
3
4
5
6
7
8
9
10
11
12
720.9
724.2
-499.0
-502.9
-112.8
-130.6
-195.1
-92.6
-60.3
-318.7
20.3
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
State and local governments
Rest of the world
232.2
128.1
2.2
6.6
19.0
235.1
158.2
1.0
-1.8
23.7
-268.7
-56.5
-1.7
4.1
7.2
-183.4
-128.6
-3.0
5.4
-7.1
-23.0
-50.6
0.5
-2.4
-6.4
-130.0
-10.3
-2.8
4.8
-9.9
-216.9
-17.0
-0.5
6.7
-9.9
86.6
-80.5
-0.1
-2.4
-9.9
59.0
-65.7
0.3
-2.4
-9.9
-25.4
-88.8
0.8
-4.6
-3.0
-212.2
32.4
1.1
-0.1
-3.0
3
4
5
6
7
7.2
-1.6
3.4
-1.4
325.4
12.1
17.5
2.3
1.9
274.0
-3.2
-5.5
0.6
-0.0
-175.3
-4.0
-12.7
-0.1
-0.4
-169.1
-1.6
-4.5
-0.2
1.1
-25.8
13.3
-11.7
-0.4
-0.9
17.3
-9.3
-10.4
-0.2
0.1
62.3
8.4
-5.0
-0.2
2.9
-92.4
-6.4
-7.3
-0.2
-0.8
-27.0
-10.2
-3.7
-0.2
2.2
-185.9
1.9
-2.0
-0.2
-0.0
202.4
8
9
10
11
12
43
2008
2009
2010
2011
2010
Q3
1
2
3
4
5
6
7
8
9
10
11
2011
Q4
Q1
Q2
Q3
Q4
8.1
-889.5
207.8
-201.3
-124.5
-340.8
-29.8
104.9
-182.0
-814.0
393.1
14.4
-36.1
-13.6
0.1
-24.1
-0.7
-1.1
-6.2
75.5
44.4
-259.0
-96.3
-0.4
-0.0
1.9
-7.3
-12.3
-560.3
-10.6
244.9
40.3
-19.9
1.8
-1.7
-0.5
11.1
-57.5
-18.0
-190.9
52.9
-1.8
-6.0
0.8
-2.2
30.0
-66.2
40.2
-99.3
50.2
0.2
-12.9
-1.1
0.1
89.5
-191.6
-13.7
-459.0
48.6
-33.2
-4.2
-0.5
4.5
30.6
86.1
-16.4
-330.2
42.6
71.2
-6.2
3.7
-2.9
73.7
134.7
9.9
-98.8
-26.5
-32.3
-37.6
-3.4
-3.0
161.9
134.7
32.6
-50.8
-87.3
-11.4
-5.0
0.2
2.1
104.5
-166.8
55.3
-360.7
196.6
35.7
-6.2
-0.6
-1.4
95.2
-827.7
63.1
113.3
118.2
9.0
-2.9
-0.5
2.8
-3.4
93.4
2
3
4
5
6
7
8
9
10
239.5
-284.6
-258.7
-115.9
3.9
52.2
-68.9
483.2
52.0
-672.5
152.8
11
12
13
14
15
16
17
-7.5
13.0
-35.2
5.8
27.3
-2.6
-0.9
-3.5
-214.0
33.5
-10.9
-4.8
0.7
8.0
-146.4
-80.0
-22.7
2.4
4.4
10.6
-128.6
0.0
-6.6
-0.1
-0.6
-4.6
53.7
0.0
2.3
14.4
-10.7
9.4
17.7
0.0
-3.2
-0.5
22.5
13.1
80.3
0.0
-6.3
0.0
2.5
-4.7
230.9
0.0
-3.7
-0.0
-2.9
-4.7
-59.5
0.0
4.3
75.4
-2.8
-9.0
-206.9
0.0
5.2
-31.8
0.8
-0.2
250.2
0.0
3.4
13.8
12
13
14
15
16
17
18
19
20
21
22
23
24
25
1.7
0.2
3.4
-2.5
211.3
-0.6
25.3
0.0
0.8
5.2
7.3
1.8
-63.5
-7.4
-28.2
0.0
0.1
2.2
3.1
-0.0
-62.5
28.6
7.6
0.1
-0.7
0.7
0.9
-0.6
-0.5
-15.8
20.6
0.0
-2.0
-0.1
-3.6
1.8
4.6
-22.3
-39.5
0.0
-0.7
0.1
21.9
-1.5
-9.3
29.4
-0.3
0.0
-8.3
-0.6
1.2
0.1
-126.1
10.3
-55.2
0.0
-1.2
-4.8
0.8
4.7
-90.8
324.3
25.2
0.0
-4.7
-3.6
-17.0
-1.2
217.3
13.1
-164.5
0.0
-1.3
8.0
3.9
3.6
-57.7
-380.4
-3.4
0.0
-0.7
-0.1
-2.1
-0.0
-50.5
-46.4
-15.4
0.0
18
19
20
21
22
23
24
25
-231.4
-604.9
466.5
-85.4
-128.4
-393.0
39.1
-378.3
-234.0
-141.5
240.3
26
26
Discrepancy--unallocated assets
2
3
4
5
6
7
8
9
10
11
12
13
Commercial paper
Nonfinancial corporate business
Foreign issues in U.S.
Nonfinancial
Financial
Financial sectors
U.S.-chartered commercial banks
Bank holding companies
ABS issuers
Finance companies
REITs
Funding corporations
14
15
16
17
18
19
20
21
22
23
24
25
26
Household sector
Nonfinancial corporate business
State and local governments
Rest of the world
Monetary authority
U.S.-chartered commercial banks (1)
Foreign banking offices in U.S. (1)
Savings institutions
Credit unions
27
28
29
30
31
32
33
34
35
-169.4
-189.0
-461.9
-79.9
-88.2
247.3
-208.8
238.2
-102.1
-196.1
-292.9
-169.4
11.3
-69.3
2.0
-71.3
-111.4
0.0
35.0
-194.2
-15.1
0.0
62.9
-188.8
7.7
-71.0
20.7
-91.7
-125.4
0.0
-39.0
-83.9
-22.6
0.0
20.1
-461.9
-73.1
59.4
-15.2
74.5
-448.2
0.0
-18.1
-266.2
-38.8
0.0
-125.1
-79.9
24.5
-2.7
-3.8
1.1
-101.7
-19.7
3.9
-40.3
1.7
0.0
-47.4
-88.2
33.3
-53.8
-0.5
-53.4
-67.6
7.7
11.1
-24.3
-2.2
0.0
-59.9
247.3
43.8
13.9
-0.6
14.5
189.6
-26.3
2.7
114.8
-16.0
0.0
114.5
-208.8
-58.7
55.8
-21.9
77.7
-206.0
-65.3
1.4
-108.6
-0.7
0.0
-32.7
238.2
25.9
120.2
19.5
100.7
92.2
-14.9
35.6
54.3
30.7
0.0
-13.5
-102.1
49.6
-51.9
17.6
-69.5
-99.8
-0.5
13.3
-44.3
-26.3
0.0
-41.9
-196.1
29.7
-256.9
-27.6
-229.3
31.0
3.4
-20.9
51.2
-2.2
0.0
-0.4
-292.9
27.9
-26.7
-11.3
-15.4
-294.0
42.7
16.6
-158.5
-10.9
0.0
-184.0
2
3
4
5
6
7
8
9
10
11
12
13
0.0
0.0
0.0
-0.2
0.0
-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
14
15
16
-169.4
-189.0
-461.9
-79.9
-88.2
247.3
-208.8
238.2
-102.1
-196.1
-292.9
17
-10.2
-53.2
-3.0
-8.3
0.0
0.0
0.0
0.0
-0.5
-101.3
-12.2
-64.6
-45.1
0.0
15.7
0.0
0.0
-0.4
28.7
-1.3
-54.5
-41.4
0.0
-15.7
0.0
0.0
0.0
28.8
15.5
7.0
0.8
0.0
0.0
0.0
0.0
0.0
-5.3
3.3
20.8
-1.6
0.0
0.0
0.0
0.0
0.0
35.4
41.8
32.2
20.6
0.0
0.0
0.0
0.0
0.0
1.7
-10.2
37.0
-0.9
0.0
0.0
0.0
0.0
0.0
17.7
39.4
41.3
28.0
0.0
0.0
0.0
0.0
0.0
-11.9
-28.5
13.8
-16.8
0.0
0.0
0.0
0.0
0.0
-18.5
2.4
8.2
17.3
0.0
0.0
0.0
0.0
0.0
-8.4
0.0
19.8
-34.8
0.0
0.0
0.0
0.0
0.0
18
19
20
21
22
23
24
25
26
-3.1
13.1
-4.8
-4.4
66.3
-0.4
-4.7
22.8
-179.0
5.8
-3.4
10.2
-12.5
-56.1
-62.5
14.1
-21.4
144.7
-9.3
11.5
-10.5
-2.0
-108.0
28.6
3.0
-24.2
-266.8
-1.9
-8.9
-11.7
-1.6
-116.3
-13.9
0.2
-5.3
27.5
-2.5
-0.0
-1.7
1.7
-39.0
-20.6
-3.4
5.9
-45.7
5.6
32.8
-4.3
-1.5
-26.5
48.0
-7.5
4.4
66.3
-15.5
-18.3
-8.6
0.1
-90.8
21.2
5.3
8.2
-138.1
2.6
-5.8
-0.8
4.6
69.9
320.5
-1.7
13.4
-290.7
-2.0
-15.1
-1.6
-1.2
-27.0
-26.1
-0.8
10.6
4.5
-11.1
23.4
-2.1
3.5
-81.3
-346.0
-0.3
-7.4
215.9
0.4
-2.5
-2.4
-0.0
-117.6
-30.8
-11.0
7.1
-112.6
27
28
29
30
31
32
33
34
35
44
1
2
3
4
5
Net issues
Savings bonds
Treasury bills
Other Treasury securities
Net purchases
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
237.5
1239.0
1443.7
1579.6
1066.8
1390.4
1474.4
740.4
826.2
1380.7
1320.0
-6.0
58.8
184.7
-2.4
861.6
379.8
-2.8
-73.3
1519.8
-3.3
-19.0
1601.8
-2.7
-249.5
1319.0
-2.6
26.6
1366.4
-3.5
-59.0
1536.8
-4.6
-297.0
1041.9
-3.9
-661.1
1491.2
-2.8
-215.4
1598.9
0.3
175.6
1144.1
2
3
4
237.5
1239.0
1443.7
1579.6
1066.8
1390.4
1474.4
740.4
826.2
1380.7
1320.0
6
7
8
Household sector
Savings bonds
Bills and other Treasury securities
-50.0
-6.0
-44.0
156.8
-2.4
159.2
422.5
-2.8
425.2
360.1
-3.3
363.4
-157.0
-2.7
-154.3
-31.1
-2.6
-28.5
352.8
-3.5
356.3
-896.9
-4.6
-892.4
-455.8
-3.9
-451.9
150.9
-2.8
153.7
573.8
0.3
573.5
6
7
8
9
10
11
-7.1
3.0
18.3
-7.9
-7.5
-50.0
12.5
-5.7
18.8
0.4
-1.9
9.7
7.5
0.3
-59.0
4.7
-1.7
-0.6
-40.0
-0.3
12.8
-2.4
-0.0
-61.2
29.9
0.2
-77.1
-0.7
0.5
-48.1
3.3
0.7
-49.5
9
10
11
12
13
165.3
-38.3
711.6
-264.7
555.0
300.7
654.2
244.9
286.1
642.0
1030.6
65.3
344.4
801.2
47.2
1438.6
241.2
1073.8
651.1
103.5
204.8
-48.1
12
13
14
15
16
17
11.1
3.6
4.6
-1.9
-19.6
5.1
-4.0
-0.6
64.3
22.0
2.7
-0.7
93.9
3.5
13.8
0.6
-42.0
-0.5
7.1
-0.0
83.5
51.5
48.8
-0.7
38.3
-26.4
9.6
-0.2
-28.0
20.8
-14.2
0.0
-105.1
-10.0
-28.4
2.1
-48.5
-22.0
45.6
-2.6
13.7
9.3
25.6
0.4
14
15
16
17
18
19
Savings institutions
Credit unions
-5.4
3.0
-4.1
-1.6
3.8
5.3
-0.9
5.8
-1.7
4.2
-2.7
-25.8
-0.5
36.7
0.5
7.5
-1.9
0.1
-3.2
2.6
-2.1
6.8
18
19
20
21
22
23
24
-38.7
-17.3
38.7
-14.6
11.3
-5.6
35.1
15.4
4.8
24.2
22.9
27.7
125.8
28.1
6.8
3.2
23.2
176.0
11.1
10.1
-1.2
5.3
81.1
2.7
18.0
10.9
24.0
238.2
14.3
14.9
5.5
25.9
79.0
0.3
3.9
6.2
-12.1
53.3
9.2
14.9
-5.2
1.8
87.7
-4.0
13.7
-4.7
34.9
93.3
8.4
30.5
-1.3
-3.7
90.3
-3.0
12.9
20
21
22
23
24
25
26
27
28
29
30
31
95.5
18.5
-1.7
6.6
1.3
24.7
7.1
399.5
8.7
-2.4
7.4
1.2
-13.6
250.6
-171.3
67.6
1.2
14.7
5.1
-18.3
-67.6
-71.0
41.9
0.7
9.2
33.3
-13.8
-28.5
107.9
52.4
-0.3
11.4
20.0
-10.9
93.3
-152.5
64.0
0.5
-0.8
-10.6
-14.4
-19.7
-28.7
12.4
0.4
-2.8
-57.4
-9.9
-82.6
141.3
2.9
0.5
7.1
13.5
-16.7
8.4
21.9
32.9
-0.1
15.6
19.2
1.6
-28.0
144.3
90.9
-1.5
17.8
20.8
-19.9
136.6
124.2
83.0
-0.2
5.1
26.5
-8.7
256.1
25
26
27
28
29
30
31
237.1
1239.2
1443.9
1580.2
1067.9
1390.9
1475.1
741.5
826.4
1382.6
1321.2
32
Memo:
32
(1) Total issues of Treasury securities (table F.209, line 1) plus budget agency securities (table F.210, line 2) and federal mortgage borrowing (table F.217, line 11).
45
1
2
3
4
5
Net issues
Budget agencies
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
905.3
768.9
-59.9
-46.2
-37.1
-211.8
-64.0
276.0
-333.3
-12.4
-78.6
-0.4
282.4
623.3
0.2
271.7
497.0
0.1
-475.3
415.3
0.7
-233.8
186.9
1.1
-200.8
162.6
0.5
-372.1
159.7
0.8
-254.3
189.6
1.2
11.1
263.7
0.2
-479.9
146.5
1.9
-138.3
124.0
1.1
-196.0
116.3
2
3
4
905.3
768.9
-59.9
-46.2
-37.1
-211.8
-64.0
276.0
-333.3
-12.4
-78.6
Household sector
Nonfinancial corporate business
State and local governments
313.9
-2.4
37.0
97.6
-2.6
-9.9
-566.2
4.2
-17.1
91.1
0.9
10.0
-22.9
-0.2
-38.2
13.8
2.4
6.9
287.8
-11.2
17.4
432.0
-7.1
-33.4
-154.8
10.0
-33.4
-329.0
-7.5
-45.6
-39.7
3.8
-40.5
6
7
8
9
10
11
Federal government
Rest of the world
Monetary authority
0.0
248.8
0.0
54.4
-228.6
19.7
142.0
-226.0
1048.5
-47.2
-89.1
71.4
-118.1
-55.9
-197.9
-43.7
-127.8
-201.0
-60.7
-121.0
-372.2
-43.1
-91.1
-279.8
-139.1
-85.9
-176.4
-132.3
-1.0
-185.6
-158.0
-45.9
-149.9
9
10
11
12
13
14
15
-111.4
2.0
-1.3
-2.7
139.7
-6.5
15.9
-2.0
148.4
-19.3
-7.0
-3.9
87.1
-4.8
-3.2
-7.7
104.3
4.0
12.0
-8.0
186.7
-2.0
32.1
-12.9
204.1
-11.9
-36.2
-0.6
124.1
19.6
4.6
-23.5
-7.5
-3.4
37.1
-3.7
80.1
6.5
47.0
-2.6
220.7
-6.5
-40.5
-2.1
12
13
14
15
16
17
Savings institutions
Credit unions
0.3
-4.1
-3.5
14.4
19.6
27.9
22.9
40.8
1.9
28.8
16.0
22.5
50.5
73.7
14.2
45.2
-1.3
7.7
-12.2
22.0
6.8
40.2
16
17
18
19
20
21
22
3.8
5.5
28.2
23.3
0.3
-11.5
-16.7
21.3
6.3
0.0
1.9
5.8
-49.0
-30.5
0.6
-0.4
4.0
-98.1
-21.7
0.7
-0.4
23.0
-13.3
4.1
0.8
-0.4
4.1
-163.1
-29.1
2.6
-0.4
4.5
3.2
0.4
-1.3
1.7
40.4
-22.0
14.1
-0.5
-1.9
14.5
-8.2
-6.1
1.3
2.3
21.3
-10.8
13.0
1.1
-3.7
15.7
-12.1
-4.6
1.3
18
19
20
21
22
23
24
25
104.5
66.2
-11.1
520.3
27.3
207.0
-213.2
46.4
-27.4
-140.1
152.0
-85.1
0.9
164.1
-12.4
-78.8
200.5
-50.6
-133.9
121.4
7.8
-104.6
9.1
-12.4
-57.3
102.9
-22.6
177.6
284.6
-0.4
-12.2
259.9
-13.9
23
24
25
26
27
28
ABS issuers
REITs
Brokers and dealers
28.6
23.5
152.2
-27.0
0.7
-47.5
-229.2
15.5
-131.8
-106.9
38.2
38.9
-5.4
93.7
-2.0
-92.4
55.7
46.6
-48.7
58.4
-94.9
-15.2
189.6
13.7
4.2
104.8
85.9
2.4
88.8
-31.9
-13.0
-8.3
-75.9
26
27
28
6
7
8
Net purchases
2008
(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 32.
46
2008
2009
2010
2011
2010
Q3
2
3
4
6
7
2011
Q4
Q1
Q2
Q3
Q4
235.9
95.3
154.5
97.7
-52.2
76.9
192.4
-74.3
-110.3
-9.6
-14.7
146.2
16.8
129.4
19.2
4.7
14.4
110.7
7.7
102.9
65.3
-0.6
66.0
-59.5
-10.7
-48.8
61.5
7.1
54.4
144.6
5.0
139.6
-100.3
-8.9
-91.4
-107.3
-37.9
-69.4
-0.0
26.0
-26.1
-30.3
-22.2
-8.2
2
3
4
20.6
8.0
6.0
-2.3
-7.8
-10.9
5.9
-1.4
-4.7
-18.5
-6.7
69.0
68.2
37.8
34.7
15.1
26.3
41.9
27.4
1.7
9.0
22.3
235.9
95.3
154.5
97.7
-52.2
76.9
192.4
-74.3
-110.3
-9.6
-14.7
8
9
10
11
12
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
State and local governments
Rest of the world
44.1
1.1
-0.5
0.5
10.7
41.3
-3.0
-0.4
-0.1
5.9
129.8
0.9
0.2
0.3
7.7
61.4
-6.3
-0.2
0.4
13.1
-78.5
-1.6
0.0
-0.2
10.9
-32.3
4.8
-0.2
0.3
9.9
146.6
-2.0
-0.0
0.5
9.9
-5.3
-2.2
-0.0
-0.2
9.9
-123.8
-1.1
0.0
-0.2
9.9
-73.2
-1.2
0.1
-0.3
12.0
-111.8
-2.0
0.1
-0.0
12.0
8
9
10
11
12
13
14
15
16
12.0
0.0
0.7
-0.1
23.2
0.0
0.5
-3.3
1.0
0.0
0.9
1.5
28.4
0.0
-0.9
1.8
42.4
0.0
0.9
0.1
33.4
0.0
2.9
0.4
81.7
0.0
-0.7
3.6
17.8
0.0
1.2
-0.9
15.8
0.0
-1.3
0.9
68.6
0.0
1.4
0.0
67.4
0.0
2.4
0.5
13
14
15
16
17
18
19
36.1
4.8
-0.8
10.6
5.7
-1.0
-12.6
26.1
0.0
-21.0
39.2
0.1
-1.2
6.6
-0.1
-20.8
41.2
0.3
-20.5
46.1
0.0
5.2
11.0
0.2
-5.8
4.3
-0.1
6.9
6.3
-0.2
-11.2
4.7
-0.0
17
18
19
20
21
22
23
24
25
100.7
27.8
1.9
0.6
-2.8
-0.7
23.6
17.4
-13.3
1.7
-2.0
-11.4
-93.3
90.6
3.2
3.6
-2.2
-3.3
-66.9
46.4
0.1
1.7
-4.2
4.6
-37.9
16.2
1.1
1.0
-3.5
-8.5
-54.3
74.4
1.6
2.2
-3.8
16.8
-39.9
-24.9
-5.2
-0.8
-5.2
3.2
-45.9
-45.9
-2.3
-0.6
-4.3
-12.0
-45.5
20.1
5.0
1.1
-3.7
14.3
-30.5
27.2
-7.3
0.4
-3.8
-15.8
-29.9
63.6
9.1
3.2
-2.2
-20.6
20
21
22
23
24
25
47
2008
2009
2010
2011
2010
Q3
Q1
Q2
Q3
Q4
1228.9
-231.7
-48.7
-103.5
24.5
263.7
89.5
38.7
83.5
-8.8
-15.5
2
3
311.2
218.7
204.6
-158.8
377.2
163.2
420.6
72.8
376.0
-8.4
510.6
89.8
507.7
58.9
393.5
44.2
451.9
14.0
306.7
19.1
351.9
-111.0
2
3
Financial sectors
699.0
-277.5
-589.2
-596.9
-343.1
-336.6
-477.2
-399.0
-382.4
-334.6
-256.4
25.1
94.4
-0.3
8.0
123.0
-8.0
-28.3
7.8
-0.2
10.3
-46.5
-3.6
-20.7
-94.0
-0.3
26.6
201.8
-0.9
49.5
-182.3
-0.2
-11.0
8.7
-2.1
-3.4
-200.1
0.2
-12.9
-86.7
-0.2
-55.6
-98.0
1.1
5
6
7
534.3
-2.8
0.7
-4.0
51.5
-324.3
-49.6
-60.3
32.3
1.4
-474.0
-87.0
-41.3
-4.2
37.9
-480.0
-110.7
-0.1
36.9
-3.2
-245.9
-41.2
25.3
-37.9
71.6
-580.6
-46.1
28.9
-19.2
52.8
-322.8
-17.5
-37.5
134.4
-100.8
-383.8
-90.8
46.4
-5.9
39.6
-213.8
-58.8
59.9
-72.7
106.4
-324.4
53.4
2.6
-43.4
77.1
-61.4
-68.7
-7.5
-29.7
63.4
8
9
10
11
12
1228.9
-231.7
-48.7
-103.5
24.5
263.7
89.5
38.7
83.5
-8.8
-15.5
13
5
6
7
8
9
10
11
12
13
Net issues
2011
Q4
14
15
16
17
Household sector
State and local governments
Federal government
Rest of the world (2)
208.3
11.7
0.0
424.6
-213.9
-3.1
0.0
-21.8
-140.2
7.3
0.6
-126.9
-341.5
9.5
0.3
-36.5
-105.2
-4.2
-0.1
-66.2
-505.5
8.5
0.4
36.5
187.1
11.9
0.5
23.0
-105.2
-4.2
-0.0
-31.4
-18.4
-4.2
0.0
-78.0
-294.1
-8.1
-0.3
-40.1
-3.0
-0.2
-0.1
-115.1
14
15
16
17
18
19
20
21
22
23
101.7
77.0
19.2
0.1
49.5
3.9
-30.4
32.1
-0.0
0.0
-33.7
-8.9
49.9
-156.7
-8.4
1.5
-24.0
-7.0
-88.2
-11.0
7.3
-1.4
-10.5
-15.0
9.2
0.6
-20.1
3.6
-6.1
0.4
-0.8
440.5
99.2
-0.0
-18.9
-27.4
-97.4
-514.6
-15.5
0.2
-8.8
-31.4
-55.4
-53.3
8.5
21.1
-12.2
0.2
-19.7
35.6
0.6
-2.6
-7.8
0.2
80.2
105.0
-74.3
-2.8
-2.1
-0.5
31.6
-84.9
-15.0
-1.4
-2.3
1.9
18
19
20
21
22
23
24
25
26
27
28
5.9
43.1
39.8
13.6
0.1
-15.4
-45.5
42.7
15.9
-0.1
30.8
97.6
42.8
-4.3
0.1
24.3
102.9
40.6
3.8
0.2
-1.1
100.2
37.4
7.7
0.5
24.6
102.2
28.7
1.5
1.4
25.0
106.7
56.9
1.9
-1.1
4.8
127.8
51.3
7.0
-0.6
-5.4
73.5
31.3
-6.8
0.7
6.4
115.1
34.3
35.2
0.8
-10.4
84.4
33.0
-4.7
0.9
24
25
26
27
28
29
30
31
32
8.5
123.0
-1.0
6.2
-148.8
69.9
-25.3
13.9
-58.1
146.2
5.2
27.6
-15.7
148.7
4.1
18.7
-24.6
187.9
-1.9
26.4
-33.3
172.3
6.8
33.7
-26.1
125.9
11.4
0.4
-2.3
184.7
10.3
15.2
-1.9
225.6
-2.3
26.9
-100.3
167.4
-10.6
27.5
5.9
173.9
-5.2
35.8
29
30
31
32
33
34
35
36
37
Government-sponsored enterprises
Finance companies
REITs
Brokers and dealers
Funding corporations
-17.4
4.5
-30.2
27.3
109.6
-77.7
3.0
-22.8
-259.0
497.3
-33.8
6.3
3.8
47.5
43.6
-16.9
-19.6
5.3
35.2
51.9
-35.9
4.8
6.2
-77.7
-17.4
-18.9
-28.6
7.7
33.9
-100.9
-57.7
-10.3
3.0
76.8
221.6
-36.6
20.4
15.1
47.7
-174.4
-59.0
3.3
6.5
-50.8
-63.9
-22.9
22.3
3.6
-187.4
136.9
-25.0
-26.6
-0.4
-120.2
31.8
33
34
35
36
37
48
2008
2009
2010
2011
2010
Q3
Net issues
Q2
Q3
Q4
263.1
313.4
-8.0
-246.6
-60.3
-75.6
-46.2
-206.2
-233.9
-500.2
-786.8
-336.0
-64.6
-278.0
-489.9
-336.5
-360.9
-325.6
-512.5
-606.6
-514.8
147.8
-38.5
63.6
79.1
90.1
67.6
114.8
188.5
107.8
91.2
-27.0
Financial sectors
U.S.-chartered commercial banks
Bank holding companies
Savings institutions
Property-casualty insurance companies
Life insurance companies
Closed-end funds
Exchange-traded funds
REITs
Government-sponsored enterprises
Brokers and dealers
Funding corporations (3)
178.6
4.3
-28.0
3.3
-13.2
-30.6
17.6
150.5
17.1
25.5
32.3
0.0
637.6
10.4
321.4
1.7
0.4
-10.7
-63.4
177.2
12.8
27.6
120.2
40.0
314.3
10.1
68.6
1.5
-5.3
-0.9
5.6
116.5
24.2
96.0
-32.4
30.5
190.8
11.4
19.8
0.5
-12.7
-4.8
0.1
117.8
28.2
38.1
-11.1
3.5
153.1
7.0
2.8
-0.6
-7.7
-13.7
-2.3
110.3
37.5
23.7
14.6
-18.4
208.6
16.2
45.8
0.6
-10.0
7.8
13.1
133.2
24.4
10.6
-34.4
1.3
170.5
3.2
4.4
0.4
-13.4
-6.1
-15.9
186.7
44.4
6.9
-41.4
1.3
90.9
6.4
14.9
0.6
-11.1
-8.7
1.5
86.4
64.1
8.0
-11.0
-60.4
198.5
8.6
-22.4
0.4
2.9
-11.5
5.7
116.7
39.8
27.5
30.8
0.0
281.4
15.5
19.8
0.6
-18.4
-16.0
20.2
77.1
30.7
27.1
134.0
-9.2
41.6
-2.6
-1.2
-3.8
-4.4
-18.5
-36.9
161.0
15.3
32.0
-95.5
-3.9
4
5
6
7
8
9
10
11
12
13
14
15
-460.5
263.1
313.4
-8.0
-246.6
-60.3
-75.6
-46.2
-206.2
-233.9
-500.2
16
-845.9
0.7
0.0
218.5
-108.4
19.0
256.3
105.1
88.0
15.9
0.6
157.2
-72.1
-28.9
24.1
67.3
-142.5
-3.9
40.0
-31.7
-1.9
-40.8
19.7
38.4
-342.3
-39.4
7.3
44.6
76.4
-27.9
33.3
2.1
-276.7
-1.1
58.0
3.4
-29.3
61.9
10.2
-86.7
-340.6
-48.7
58.5
-45.7
17
18
19
20
0.0
1.6
0.0
-0.1
0.0
2.4
0.0
-1.5
25.1
6.8
0.0
-0.5
1.3
-0.5
0.1
-1.3
-26.4
2.5
-0.0
-1.5
1.3
-5.4
0.0
0.7
1.3
4.5
0.2
4.8
-105.5
-3.9
-0.0
-5.5
0.0
16.1
-0.2
0.7
0.0
-1.2
0.0
4.7
0.0
-1.0
0.0
-5.6
21
22
23
24
0.5
84.1
-188.3
-6.4
2.7
35.1
81.8
-184.6
1.2
-8.6
-2.4
33.4
-175.6
-17.3
8.8
-20.9
45.6
-111.0
-25.8
5.2
4.6
30.8
-83.5
-68.8
-3.4
-22.2
26.6
-111.4
-27.4
-4.2
-16.3
26.6
-86.8
-10.2
16.2
1.8
22.5
-83.5
-82.8
0.0
-10.3
28.6
-81.1
-18.6
2.4
27.0
45.5
-81.6
-128.7
-17.4
-0.0
26.6
-87.8
-45.1
1.2
25
26
27
28
29
91.3
18.4
137.2
25.4
0.0
-38.1
-22.3
154.2
-28.5
0.0
86.3
-4.1
70.5
-4.6
25.1
42.8
-4.8
88.2
-18.5
1.3
0.6
-1.2
71.5
-7.2
-26.4
3.4
4.2
98.0
-40.7
1.3
116.5
-22.6
189.9
28.9
1.3
142.7
-7.0
64.7
32.1
-105.5
-7.0
3.1
73.1
3.4
0.0
-71.7
39.6
31.4
-37.6
0.0
-61.5
-40.6
116.9
-26.8
0.0
30
31
32
33
34
-228.0
441.6
16
Q1
-460.5
4
5
6
7
8
9
10
11
12
13
14
15
2011
Q4
Net purchases
17
18
19
20
Household sector
State and local governments
Federal government
Rest of the world (4)
21
22
23
24
Monetary authority
U.S.-chartered commercial banks
Foreign banking offices in U.S.
Savings institutions
25
26
27
28
29
30
31
32
33
34
Mutual funds
Closed-end funds
Exchange-traded funds
Brokers and dealers
Funding corporations
Net issues
364.7
31.0
490.5
389.3
411.3
570.3
405.5
1005.0
426.6
Net purchases
364.7
31.0
490.5
389.3
411.3
570.3
405.5
1005.0
426.6
-228.0
441.6
209.1
0.2
-0.1
38.2
1.4
-6.1
13.1
-2.0
299.8
40.4
-7.7
56.5
196.9
16.8
-8.5
112.2
298.8
16.8
-1.2
71.1
429.4
16.8
-11.3
119.9
216.1
16.8
-10.8
105.1
766.7
16.8
-7.9
150.4
187.5
16.8
-0.4
130.7
-196.6
16.8
17.3
-21.3
437.6
16.8
-13.7
24.6
3
4
5
6
3
4
5
6
Household sector
Nonfinancial corporate business
State and local governments
Rest of the world
7
8
3.6
-0.0
1.3
-0.0
14.8
-0.7
-5.8
0.2
-0.8
0.3
-9.5
-0.0
-0.2
-0.1
-1.6
0.6
-6.4
0.6
-0.5
-0.2
5.3
0.1
7
8
-0.5
31.3
88.1
-5.2
-0.4
-10.7
35.5
-1.1
0.1
0.0
89.8
-2.5
-0.1
1.0
80.4
-3.8
-0.1
1.1
35.3
-10.1
-0.1
1.0
28.0
-4.0
-0.1
1.0
79.2
-1.5
-0.2
1.0
91.4
-12.1
-0.0
1.0
99.5
-2.7
-0.0
1.2
-25.8
-18.8
-0.1
1.2
-23.8
-6.6
9
10
11
12
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.
49
2008
2009
2010
2011
2010
Q3
1
2
3
4
5
Household sector
Corporate business
Noncorporate business
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Financial sectors
Savings institutions
Finance companies
REITs
Brokers and dealers
Funding corporations
Net change in assets
Monetary authority (2)
U.S.-chartered commercial banks
Foreign banking offices in U.S.
Bank holding companies
Banks in U.S.-affiliated areas
2011
Q4
Q1
Q2
Q3
Q4
335.1
693.7
-774.6
-105.4
132.3
-159.5
29.8
112.1
109.9
139.7
167.7
264.2
197.7
-307.2
-15.1
179.8
-56.1
91.9
158.8
225.7
179.4
155.3
13.4
86.0
140.8
18.0
55.0
119.6
30.1
-209.8
-116.3
76.5
-25.6
-83.9
26.3
51.0
73.4
32.5
-47.5
-69.3
32.2
-27.5
57.3
-25.8
97.2
39.6
81.3
73.3
57.5
12.9
27.7
97.1
36.8
5.8
99.4
3
4
5
24.1
-0.0
8.3
15.8
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
28.2
1.0
4.1
23.1
29.9
3.0
22.3
4.6
47.9
-0.1
24.2
23.8
13.7
-4.2
13.7
4.1
41.7
-0.5
15.6
26.6
13.3
-2.0
-8.2
23.5
6
7
8
9
70.9
496.1
-467.5
-90.2
-47.4
-103.4
-62.1
-46.7
-115.8
-39.7
12.4
10
13.3
52.8
4.8
0.0
0.0
13.0
-7.1
-0.3
45.5
444.9
-29.8
-30.4
-12.1
-45.5
-349.6
-1.2
-64.9
-2.2
0.0
-21.9
1.2
4.7
-1.5
0.0
-51.9
8.6
-80.9
3.7
0.0
-34.7
-4.4
-48.2
2.4
0.0
-11.8
5.7
50.4
-9.0
0.0
-93.8
1.0
-84.8
-2.4
0.0
-29.6
-2.0
-10.9
19.1
0.0
-45.9
-0.0
64.2
-13.6
0.0
-38.2
11
12
13
14
15
335.1
693.7
-774.6
-105.4
132.3
-159.5
29.8
112.1
109.9
139.7
167.7
16
0.0
233.7
105.0
0.7
-4.2
490.4
137.9
65.1
2.0
-1.7
-347.6
-298.1
-125.4
-3.2
-0.3
-44.8
-45.4
-16.1
4.3
-3.3
-67.6
159.0
36.1
3.7
1.1
-85.8
-60.2
-14.2
0.2
0.5
-31.8
72.4
-12.9
1.3
0.8
-115.7
130.8
65.1
32.0
-0.1
-55.4
92.5
83.8
-10.6
-0.3
-51.7
167.1
19.2
2.4
2.7
-47.4
245.6
-23.5
-9.0
1.9
17
18
19
20
21
(1) Excludes bank 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.109.
50
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
533.6
106.7
-436.5
-229.8
-30.8
-294.2
-108.7
-48.1
-82.7
-78.0
85.7
2
3
4
5
6
7
8
9
10
-2.2
-0.4
-0.2
1.1
0.7
-3.3
0.0
0.0
0.0
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
3.1
-0.5
-0.5
2.9
0.9
-0.3
0.0
0.0
0.7
3.7
-0.0
3.3
-2.1
0.5
0.1
0.0
0.0
1.9
-2.1
-2.5
-4.7
-0.8
2.0
0.5
0.0
0.0
3.4
8.7
-0.3
5.3
2.2
0.4
0.5
0.0
0.0
0.6
-11.7
-0.7
-16.2
4.6
0.8
-1.5
0.0
0.0
1.4
7.3
-0.0
3.1
1.7
1.1
0.8
0.0
0.0
0.6
8.4
-0.9
5.9
3.1
1.2
-1.0
0.0
0.0
0.1
2
3
4
5
6
7
8
9
10
11
12
102.7
102.7
-64.1
-64.1
-24.9
-24.9
-22.0
-22.0
42.2
42.2
-126.7
-126.7
-16.8
-16.8
46.9
46.9
35.6
35.6
63.3
63.3
23.0
23.0
11
12
13
14
15
16
0.0
0.0
-0.1
0.1
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
13
14
15
16
17
18
19
6.2
3.1
3.1
6.4
3.2
3.2
-14.5
-7.2
-7.2
6.4
3.2
3.2
-2.3
-1.2
-1.2
27.2
13.6
13.6
3.5
1.7
1.7
0.6
0.3
0.3
-25.5
-12.8
-12.8
12.9
6.4
6.4
2.8
1.4
1.4
17
18
19
20
21
22
0.0
0.0
0.0
2.7
1.4
1.4
2.7
1.4
1.4
0.8
0.4
0.4
-0.2
-0.1
-0.1
2.7
1.3
1.3
-0.5
-0.3
-0.3
-6.2
-3.1
-3.1
5.6
2.8
2.8
5.6
2.8
2.8
-6.0
-3.0
-3.0
20
21
22
23
24
25
3.6
-0.0
3.6
5.9
-0.0
5.9
0.7
-0.0
0.7
3.4
-0.0
3.4
2.4
-0.0
2.4
4.6
-0.0
4.6
3.8
-0.0
3.8
1.2
-0.1
1.3
2.8
-0.0
2.9
3.7
-0.0
3.7
1.6
-0.0
1.7
23
24
25
26
27
28
29
30
31
32
33
237.7
0.0
1.9
10.1
106.7
91.1
13.4
14.5
38.1
0.0
-3.8
8.5
71.0
-72.2
8.3
26.2
-284.8
0.0
-0.4
0.2
-124.2
-139.6
-14.1
-6.6
-144.7
0.0
1.6
5.6
-124.1
-24.2
-0.4
-3.2
-71.5
0.0
-0.9
-2.7
-42.9
-24.9
-2.0
1.8
-222.4
0.0
4.3
19.2
-175.9
-69.6
0.8
-1.2
-25.6
0.0
3.0
12.1
-96.0
52.5
3.6
-0.8
-36.8
0.0
3.6
0.6
10.3
-43.4
-9.6
1.8
-107.6
0.0
-2.8
-6.0
-63.2
-34.5
-3.5
2.4
-156.2
0.0
-4.1
-10.3
-85.0
-61.4
3.7
0.9
14.7
0.0
-0.1
5.1
-33.7
39.8
1.6
2.0
26
27
28
29
30
31
32
33
34
35
-4.0
-4.0
-15.6
-15.6
-23.7
-23.7
-5.0
-5.0
-4.3
-4.3
13.5
13.5
-13.6
-13.6
-15.3
-15.3
-1.2
-1.2
-0.4
-0.4
-0.5
-0.5
34
35
36
37
38
24.9
22.4
2.5
16.9
15.2
1.7
-91.0
-81.9
-9.1
-19.0
-17.1
-1.9
-7.2
-6.5
-0.7
35.6
32.1
3.6
-5.6
-5.1
-0.6
-18.3
-16.4
-1.8
-53.5
-48.1
-5.3
0.3
0.3
0.0
42.5
38.2
4.2
36
37
38
39
40
41
42
43
44
45
164.6
8.5
9.6
36.1
92.6
11.1
6.7
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
7.1
-1.5
-0.1
21.4
-8.3
-1.2
-3.2
-32.3
2.0
-1.8
6.2
-32.7
-5.9
-0.0
-51.7
-0.8
-4.0
-5.2
-39.2
-5.1
2.7
-29.0
-1.6
-3.9
56.2
-66.6
-2.0
-11.1
72.8
-3.3
4.4
33.5
40.0
-1.0
-0.9
-14.4
-1.0
-0.7
-3.9
-6.3
-1.9
-0.7
-0.8
-0.1
-0.0
-0.2
-0.3
-0.1
-0.0
39
40
41
42
43
44
45
(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 banks and finance companies which are included elsewhere.
51
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
1058.2
90.8
-281.6
-514.3
-323.1
-477.0
-373.8
-394.9
-384.1
-303.7
-209.9
2
3
4
5
Home
Multifamily residential
Commercial
Farm
714.0
82.1
257.4
4.6
-111.3
48.6
131.5
22.0
-199.2
9.3
-88.4
-3.4
-343.3
-9.4
-166.5
4.9
-238.6
3.1
-83.6
-4.0
-293.6
3.1
-191.5
5.0
-207.2
-7.4
-164.1
5.0
-305.7
-1.4
-83.8
-4.0
-272.1
-0.3
-107.7
-4.0
-207.0
5.6
-98.2
-4.1
-169.7
8.5
-44.6
-4.1
2
3
4
5
1058.2
90.8
-281.6
-514.3
-323.1
-477.0
-373.8
-394.9
-384.1
-303.7
-209.9
Household sector
690.5
-57.2
-152.2
-311.8
-220.5
-273.1
-195.5
-281.2
-250.5
-192.0
-158.1
8
9
10
Nonfinancial business
Corporate
Noncorporate
363.0
55.9
307.1
141.2
-45.7
186.9
-132.8
-120.2
-12.6
-202.7
-72.8
-129.9
-109.9
-66.3
-43.6
-207.0
-79.7
-127.3
-173.3
-85.7
-87.6
-120.8
-71.6
-49.2
-152.0
-106.2
-45.8
-116.0
-76.7
-39.2
-50.9
-10.7
-40.2
8
9
10
11
12
Federal government
REITs
0.0
4.7
0.0
6.8
0.0
3.4
0.0
0.2
0.0
7.2
0.0
3.1
0.0
-5.0
0.0
7.1
0.0
18.4
0.0
4.2
0.0
-0.9
11
12
13
1058.2
90.8
-281.6
-514.3
-323.1
-477.0
-373.8
-394.9
-384.1
-303.7
-209.9
13
-12.4
-18.4
7.4
1.4
-7.7
-3.0
-9.7
-4.1
-1.2
-11.3
-4.1
-1.5
-11.3
-4.1
0.3
-12.3
-4.1
-1.4
-13.0
-4.1
-0.2
-10.4
-4.1
-0.0
-13.3
-4.1
0.1
-7.6
-4.1
0.4
-13.9
-4.1
0.6
14
15
16
13.3
2.1
-4.0
13.5
8.6
12.6
4.2
-1.8
-3.7
4.0
-1.1
-7.2
-2.8
0.0
0.2
4.9
-5.0
6.2
-9.6
-0.1
-0.2
5.2
17
18
225.7
14.1
1.6
17.2
31.8
190.0
5.2
1.8
-233.4
33.2
-16.1
-6.4
-0.3
-227.3
3.2
-186.5
-2.5
-6.5
-18.5
2.8
-117.9
-2.6
-2.4
-28.7
6.9
-15.9
-3.6
-1.6
-51.9
9.0
-211.5
0.2
-1.1
117.9
-10.1
-315.6
-6.1
-3.9
-181.1
17.0
-168.0
-3.2
-3.7
-5.4
-11.4
94.3
2.6
-2.2
-56.1
1.6
-82.3
-3.6
0.2
128.0
20.3
19
20
21
22
23
1.3
22.4
0.7
-4.7
0.2
16.3
0.9
-0.3
-0.5
-16.3
2.6
-0.1
-0.3
-8.6
1.3
0.1
0.6
15.8
-1.7
-0.1
-0.1
-4.4
-2.1
0.4
-0.4
-3.6
-1.0
0.0
-0.2
9.5
-3.2
-0.8
1.0
20.1
-3.3
0.0
1.0
17.7
-3.4
0.4
0.5
15.7
2.8
0.1
24
25
26
27
Net borrowing
14
15
16
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
17
18
19
20
21
22
23
24
25
26
27
28
29
30
35.9
623.3
172.7
62.2
497.0
-351.6
2.4
415.3
-365.7
-110.8
186.9
-294.1
-92.8
162.6
-221.9
-179.4
159.7
-300.0
-62.8
189.6
-299.3
100.2
263.7
-206.7
-122.7
146.5
-253.1
-196.1
124.0
-213.7
-152.6
116.3
-213.9
28
29
30
31
32
Finance companies
REITs
-62.5
-13.2
-84.0
-46.9
-50.5
-28.0
-56.9
-6.3
-41.0
14.7
-56.9
-4.1
-63.5
-8.1
-61.2
3.1
-29.5
64.5
-49.6
-3.1
-23.5
-5.5
31
32
(1) FHLB loans to savings institutions are included in other loans and advances.
52
2008
2009
2010
2011
2010
Q3
1
2
3
4
5
Net borrowing
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
Q1
Q2
Q3
Q4
714.0
-111.3
-199.2
-343.3
-238.6
-293.6
-207.2
-305.7
-272.1
-207.0
-169.7
677.2
2.9
33.9
-54.2
-10.2
-46.9
-145.3
-12.4
-41.5
-299.2
-6.8
-37.3
-213.2
-3.4
-22.1
-258.8
-4.6
-30.2
-183.9
-4.9
-18.4
-274.0
-4.7
-27.0
-243.5
-4.1
-24.5
-184.8
-2.7
-19.6
-150.3
-2.0
-17.4
2
3
4
714.0
-111.3
-199.2
-343.3
-238.6
-293.6
-207.2
-305.7
-272.1
-207.0
-169.7
6
7
8
9
10
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
State and local governments
Federal government
-12.1
-10.9
2.7
7.1
0.3
0.4
-4.8
-1.1
-1.9
2.7
-8.0
-2.5
-0.4
4.4
5.7
-8.0
-2.5
-0.6
1.6
1.8
-8.0
-2.5
0.1
-2.0
0.9
-8.0
-2.5
-0.5
-1.6
-1.2
-8.0
-2.5
-0.1
-2.8
1.2
-8.0
-2.5
-0.0
-0.2
1.8
-8.0
-2.5
0.1
-2.6
2.4
-8.0
-2.5
0.2
-4.9
-1.5
-8.0
-2.5
0.2
-0.1
1.0
6
7
8
9
10
11
12
13
14
15
124.1
0.0
4.3
11.1
31.8
28.3
-1.5
1.4
-212.6
33.2
20.7
-6.0
-0.3
-217.7
3.2
-81.3
0.1
-2.5
-18.2
2.8
-51.2
0.3
-2.4
-23.4
6.9
99.0
-0.0
-1.4
-52.6
9.0
-78.5
-0.2
-1.3
103.8
-10.1
-224.3
-0.1
-5.4
-167.3
17.0
-104.6
0.1
-2.2
6.0
-11.4
175.2
0.8
-1.1
-58.0
1.6
-51.2
0.2
-0.7
125.4
20.3
11
12
13
14
15
16
17
18
-0.9
-0.1
-1.7
-0.8
0.1
-0.1
-2.2
0.7
-0.0
-0.2
-0.1
0.0
1.3
-0.3
-0.0
0.8
-0.9
0.1
1.6
-0.1
0.0
0.6
-0.9
-0.3
1.5
-0.2
0.0
1.9
-0.4
0.1
1.4
0.3
0.0
16
17
18
19
20
21
22
23
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
ABS issuers
Finance companies
REITs
-9.7
622.6
34.2
-65.4
-23.5
8.8
492.2
-311.9
-97.3
-46.4
-11.3
402.5
-318.5
-47.8
-21.7
-117.3
175.8
-240.4
-50.8
-3.7
-93.1
148.1
-194.0
-33.4
14.1
-192.7
145.6
-236.3
-49.8
-0.6
-88.8
176.9
-244.7
-54.1
0.6
102.9
248.3
-217.1
-50.7
0.4
-115.5
123.2
-194.8
-17.9
54.4
-201.6
114.1
-185.2
-43.5
5.6
-158.3
106.7
-179.0
-21.5
-3.9
19
20
21
22
23
65.1
38.6
0.0
42.9
7.2
-10.6
-13.1
-18.0
83.0
-0.4
-61.0
4.6
-24.7
-19.5
-82.3
-13.8
-0.6
-39.5
-4.1
-14.8
-9.6
-90.6
-60.3
0.0
-6.0
-6.4
-8.6
-9.4
-77.2
-53.9
-0.0
-6.4
-5.5
-4.6
-6.7
-81.0
-57.7
0.1
-4.4
-6.0
-6.5
-6.4
-102.7
-69.1
-0.0
-6.1
-8.3
-7.5
-11.7
-97.0
-69.0
-0.0
-6.6
-6.6
-6.2
-8.5
-84.5
-59.4
-0.1
-7.0
-6.5
-4.7
-6.9
-65.0
-44.3
0.0
-6.9
-4.5
-3.9
-5.4
-62.2
-42.7
-0.1
-5.1
-4.6
-3.8
-6.0
24
25
26
27
28
29
30
24
25
26
27
28
29
30
2011
Q4
Memo:
Home equity loans included above (2)
U.S.-chartered commercial banks
Foreign banking offices in U.S.
Savings institutions
Credit unions
ABS issuers
Finance companies
82.1
48.6
9.3
-9.4
3.1
3.1
-7.4
-1.4
-0.3
5.6
8.5
2
3
Net borrowing
Nonfinancial corporate business
Nonfinancial noncorporate business
4.2
80.2
2.3
43.9
0.4
7.2
-0.5
-9.7
0.2
3.2
0.0
0.7
-0.4
-7.0
0.0
0.9
-0.0
-0.5
0.2
4.4
0.4
8.2
2
3
4
5
Federal government
REITs
0.0
-2.3
0.0
2.3
0.0
1.8
0.0
0.8
0.0
-0.3
0.0
2.4
0.0
-0.0
0.0
-2.3
0.0
0.3
0.0
0.9
0.0
-0.1
4
5
82.1
48.6
9.3
-9.4
3.1
3.1
-7.4
-1.4
-0.3
5.6
8.5
7
8
9
10
11
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
State and local governments
Federal government
0.0
-0.3
2.6
5.6
-0.3
0.0
-0.1
-1.0
-1.5
0.1
0.0
-0.1
-0.4
3.5
0.1
0.0
-0.1
-0.5
1.7
-0.3
0.0
-0.1
0.1
-1.3
-0.3
0.0
-0.1
-0.5
-0.3
-0.8
0.0
-0.1
-0.1
-1.1
0.1
0.0
-0.1
-0.0
0.8
-0.2
0.0
-0.1
0.0
-2.0
-0.8
0.0
-0.1
0.1
-3.9
-0.1
0.0
-0.1
0.2
-0.1
-0.0
7
8
9
10
11
12
13
14
10.9
0.0
-3.1
42.4
-0.2
-27.5
-3.7
-0.4
-5.3
-13.6
-0.5
1.4
-7.4
-0.6
0.8
-10.8
-0.8
3.1
-27.3
-1.1
7.2
-13.5
0.0
-0.0
-3.8
-1.3
-1.0
-9.6
-1.1
2.9
-2.9
0.2
1.5
12
13
14
15
16
17
5.8
0.1
-1.4
-0.1
0.3
-0.1
-3.2
0.3
-0.0
-1.3
0.4
0.0
2.3
-0.3
-0.0
0.2
-0.4
0.1
-0.7
-0.2
0.0
0.6
-0.2
-0.3
2.8
-0.7
0.0
3.6
-0.8
0.1
2.4
0.5
0.0
15
16
17
18
19
20
21
22
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
ABS issuers
Finance companies
REITs
42.3
-0.7
20.6
-0.1
0.2
42.5
4.6
-10.8
0.8
-0.9
14.2
13.0
-5.8
-0.7
-2.0
2.0
11.3
-8.7
-1.0
-0.4
1.8
16.6
-7.7
-0.8
-0.2
8.5
14.2
-8.5
-0.4
-0.5
20.5
12.8
-15.8
-1.3
-0.5
-1.6
17.5
-2.8
-1.1
-0.5
-5.8
23.4
-10.4
-0.7
-0.0
7.1
15.9
-7.6
-0.8
-0.3
7.6
9.6
-9.8
-0.5
-0.2
18
19
20
21
22
53
1
2
3
4
5
6
7
8
9
Net borrowing
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
REITs
Net change in assets
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
257.4
131.5
-88.4
-166.5
-83.6
-191.5
-164.1
-83.8
-107.7
-98.2
-44.6
13.3
47.0
190.2
7.0
-3.0
-43.8
173.9
4.5
-6.9
-108.9
25.8
1.6
-12.6
-67.9
-85.4
-0.6
-7.3
-63.7
-20.1
7.5
-14.2
-77.7
-100.3
0.7
-11.6
-83.1
-64.4
-5.0
-7.2
-67.5
-18.5
9.4
-7.0
-102.6
-16.2
18.1
-7.2
-74.9
-19.4
3.3
-7.8
-9.7
-26.3
-0.8
2
3
4
5
257.4
131.5
-88.4
-166.5
-83.6
-191.5
-164.1
-83.8
-107.7
-98.2
-44.6
2.1
-7.3
2.0
0.9
-2.8
-0.8
-0.7
-1.6
-0.3
-2.5
-1.6
-0.4
-4.3
-1.6
0.1
-2.7
-1.6
-0.4
-3.2
-1.6
-0.1
-3.6
-1.6
-0.0
-4.1
-1.6
0.0
-4.5
-1.6
0.1
-5.0
-1.6
0.2
7
8
9
1.1
2.1
-0.3
10.4
0.7
6.4
0.9
-3.7
-0.4
3.2
0.8
-6.2
1.1
-1.6
-0.4
3.5
-0.4
4.1
-0.8
1.1
-0.0
3.9
10
11
10
11
12
13
14
15
89.0
14.1
-2.7
9.1
110.7
6.8
0.4
6.7
-32.5
0.1
-0.0
-4.2
-93.4
-2.1
-4.0
-1.7
-57.7
-2.3
-0.1
-6.2
-105.9
-2.7
-0.2
-2.4
-107.5
1.4
0.2
6.9
-76.3
-6.1
1.5
-13.8
-58.0
-2.0
-1.5
-10.5
-69.8
2.9
-1.1
-1.3
-26.7
-4.0
0.8
0.8
12
13
14
15
16
17
18
19
1.3
16.8
0.7
-1.6
0.2
14.9
0.5
-0.1
-0.5
-9.4
1.5
-0.0
-0.3
-6.4
1.0
0.0
0.6
12.4
-1.1
-0.0
-0.1
-4.6
-0.7
0.1
-0.4
-3.7
-0.7
0.0
-0.2
8.7
-2.0
-0.3
1.0
16.2
-2.4
0.0
1.0
12.6
-2.2
0.1
0.5
12.3
2.1
0.0
16
17
18
19
20
21
0.0
117.8
0.0
-28.9
0.0
-41.4
0.0
-45.1
0.0
-20.2
0.0
-55.3
0.0
-38.8
0.0
13.1
0.0
-47.8
0.0
-20.9
0.0
-25.1
20
21
22
23
Finance companies
REITs
2.9
10.1
12.6
0.4
-2.0
-4.3
-5.1
-2.3
-6.8
0.8
-6.7
-3.0
-8.1
-8.2
-9.4
3.1
-10.9
10.1
-5.4
-8.4
-1.5
-1.4
22
23
Net borrowing
Nonfinancial corporate business
Nonfinancial noncorporate business
Net change in assets
4.6
22.0
-3.4
4.9
-4.0
5.0
5.0
-4.0
-4.0
-4.1
-4.1
1.8
2.8
6.0
16.0
0.7
-4.1
2.4
2.5
0.6
-4.6
2.6
2.4
2.7
2.3
0.6
-4.6
0.6
-4.6
0.6
-4.6
0.6
-4.7
2
3
4.6
22.0
-3.4
4.9
-4.0
5.0
5.0
-4.0
-4.0
-4.1
-4.1
5
6
Household sector
Nonfinancial noncorporate business
-2.4
0.1
0.1
-0.1
-0.9
-0.0
-0.8
-0.0
1.0
0.0
-1.6
-0.0
-1.8
-0.0
1.2
0.0
-1.2
0.0
4.9
0.0
-0.9
0.0
5
6
7
8
-0.5
0.1
-0.3
0.2
0.0
0.4
0.0
0.4
0.0
0.3
0.0
0.9
0.0
0.3
0.0
-0.2
0.0
0.5
0.0
0.3
0.0
0.4
7
8
9
10
11
1.7
0.0
0.1
8.7
0.0
0.0
-0.5
-0.0
-0.0
1.8
0.0
0.0
-1.5
-0.0
0.1
1.8
-0.0
0.0
1.8
-0.0
0.1
-1.5
0.0
0.0
-1.5
0.0
-0.0
-1.5
0.0
0.2
-1.6
-0.0
0.2
9
10
11
12
13
0.7
0.0
2.2
0.0
-1.5
0.0
-0.7
0.0
-0.4
0.0
-0.7
0.0
-0.7
0.0
-0.4
0.0
-0.4
0.0
-0.4
0.0
-0.4
0.0
12
13
14
15
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
3.3
1.4
10.9
0.1
-0.5
-0.2
4.6
-0.2
-1.5
-2.1
4.8
-0.1
5.5
-0.2
-1.0
-2.1
-1.4
-0.1
-1.6
-6.0
-1.8
0.0
14
15
54
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
139.3
38.8
-115.3
-44.2
86.3
-53.5
56.5
52.6
87.5
34.6
170.4
139.3
38.8
-115.3
-44.2
86.3
-53.5
56.5
52.6
87.5
34.6
170.4
1.0
0.0
6.7
1.2
0.0
12.6
-2.6
0.0
75.0
7.5
0.0
130.4
-1.8
0.0
108.7
2.3
0.0
228.1
6.1
0.0
141.4
-12.6
0.0
151.5
2.4
0.0
71.1
11.0
0.0
141.4
-8.0
0.0
70.7
3
4
5
3
4
5
6
7
8
62.9
-4.8
1.2
74.5
-4.5
0.5
-50.6
-8.8
1.0
-73.7
5.3
-10.7
1.9
5.2
-0.6
-119.0
6.1
-21.9
-135.8
18.7
8.0
-54.7
-8.3
-13.2
63.0
10.8
8.6
-40.7
7.4
-6.8
39.8
10.9
8.8
6
7
8
9
10
11
Government-sponsored enterprises
ABS issuers
Finance companies
0.0
22.6
49.7
0.0
-37.3
-8.3
0.0
-41.3
-88.0
0.0
-56.8
-46.2
0.0
-14.8
-12.2
0.0
-39.9
-109.3
0.0
-10.9
29.1
0.0
-15.8
5.8
0.0
-39.6
-28.9
0.0
-20.5
-57.2
0.0
16.7
31.4
9
10
11
202.0
-170.0
-23.8
198.8
275.9
323.3
101.3
324.5
226.1
272.2
280.8
Household sector
14.6
22.2
16.0
21.4
14.0
21.6
21.6
20.0
14.0
13.6
8.5
3
4
85.1
26.0
-225.2
5.8
-85.3
7.6
161.1
-20.0
224.5
5.9
232.4
-28.3
123.2
-11.6
236.2
-8.2
224.0
13.9
221.3
14.8
216.5
3.2
3
4
5
6
37.0
29.3
39.2
22.6
37.7
-56.2
38.4
22.1
39.4
28.4
38.6
13.4
38.7
53.3
39.1
48.9
39.5
-10.1
39.5
18.8
39.4
56.2
5
6
7
8
12.4
-2.4
-9.9
-24.7
7.4
48.9
27.8
-52.0
-32.5
-3.9
33.3
12.3
24.1
-148.0
-13.1
1.6
-58.7
3.4
-23.9
-11.9
-34.5
-8.5
7
8
255.0
-182.8
-101.2
131.3
194.6
187.8
151.3
178.6
207.5
204.3
188.1
163.1
54.7
-172.0
-3.0
-30.6
-26.3
130.6
-20.3
179.2
3.6
192.6
-18.6
130.1
-3.0
175.1
-0.5
186.0
1.9
172.6
5.6
183.2
7.3
10
11
10
11
12
13
14
13.3
1.2
20.8
-3.6
4.2
6.5
8.2
-21.1
6.6
10.8
-0.7
19.4
-4.8
1.9
16.1
9.7
1.5
0.8
13.5
14.9
18.4
-4.8
-6.3
5.7
-4.8
9.2
9.8
-9.2
-2.2
50.1
-0.2
6.9
-1.0
12
13
14
15
16
-1.6
3.4
1.3
-16.1
-3.7
-34.3
0.8
-9.5
2.9
-4.3
1.3
0.4
-13.1
-9.5
2.5
7.1
15.2
-9.8
2.0
-14.5
-8.0
0.1
15
16
-53.0
12.8
77.4
67.5
81.2
135.5
-50.0
145.9
18.6
67.9
92.6
17
17
Discrepancy
2
3
Household sector
Rest of the world
4
5
6
7
276.5
-397.9
-95.9
123.6
97.6
105.2
203.7
128.2
273.2
222.0
-233.0
33.4
0.0
-160.7
0.0
38.1
0.0
75.2
0.0
-39.7
0.0
66.7
0.0
178.0
0.0
150.2
0.0
-11.5
0.0
-243.7
0.0
-53.6
0.0
2
3
243.0
210.8
29.3
3.0
-237.3
-123.8
12.8
-126.3
-134.0
-74.1
-59.2
-0.8
48.4
25.7
-5.8
28.5
137.3
58.1
37.6
41.6
38.5
43.2
-81.6
76.9
25.7
-10.1
32.8
3.0
-22.0
36.2
-0.7
-57.5
284.7
217.7
44.3
22.8
465.7
188.7
94.9
182.1
-179.3
-210.3
11.8
19.2
4
5
6
7
276.5
-397.9
-95.9
123.6
97.6
105.2
203.7
128.2
273.2
222.0
-233.0
9
10
Household sector
Rest of the world
210.8
0.0
-123.8
0.0
-74.1
0.0
25.7
0.0
58.1
0.0
43.2
0.0
-10.1
0.0
36.2
0.0
217.7
0.0
188.7
0.0
-210.3
0.0
9
10
11
12
13
29.3
3.0
33.4
12.8
-126.3
-160.7
-59.2
-0.8
38.1
-5.8
28.5
75.2
37.6
41.6
-39.7
-81.6
76.9
66.7
32.8
3.0
178.0
-0.7
-57.5
150.2
44.3
22.8
-11.5
94.9
182.1
-243.7
11.8
19.2
-53.6
11
12
13
55
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
34.2
67.0
26.5
17.2
59.8
49.0
5.3
36.4
57.8
110.7
34.5
1.2
33.0
1.0
66.0
1.1
25.4
0.9
16.4
1.3
58.5
0.7
48.3
2.5
2.9
0.3
36.1
1.7
56.0
1.2
109.5
1.9
32.6
2
3
34.2
67.0
26.5
17.2
59.8
49.0
5.3
36.4
57.8
110.7
34.5
18.0
10.9
5.3
61.7
6.4
-1.2
23.7
0.8
2.1
9.0
4.5
3.8
52.6
4.8
2.4
41.5
6.1
1.4
-2.8
6.5
1.7
30.9
5.4
0.2
54.0
4.3
-0.5
101.1
3.7
5.9
24.5
5.8
4.2
5
6
7
201.1
125.7
135.4
208.9
139.8
219.9
258.2
140.1
-114.3
439.2
94.1
118.6
32.3
2.3
47.8
65.5
-36.4
17.7
78.9
25.1
60.1
-28.0
78.2
104.2
61.2
-38.5
81.9
50.5
60.2
-57.5
86.6
139.9
49.5
-47.5
78.0
95.7
61.1
-8.5
109.8
29.1
78.7
-48.1
80.4
107.5
108.5
-42.5
-287.8
49.9
23.7
-75.9
441.5
15.3
29.8
-63.2
112.3
9
10
11
12
201.1
125.7
135.4
208.9
139.8
219.9
258.2
140.1
-114.3
439.2
94.1
13
-69.3
-123.8
-3.4
11.2
20.3
28.4
33.0
62.7
-32.2
-6.2
56.7
2
3
-49.6
3.8
3.1
6.7
-3.3
-6.3
3.4
-5.2
9.1
0.9
0.6
-4.7
9.5
-0.8
29.6
-0.1
-26.2
0.5
9.4
1.4
23.6
1.9
2
3
4
5
-13.6
-2.0
-85.7
-0.3
7.1
0.3
6.9
-0.3
10.2
0.3
-0.9
-0.5
16.8
0.2
16.9
1.9
20.8
-2.4
13.3
0.3
-10.3
1.5
4
5
6
7
-2.4
-3.4
-28.1
-19.7
5.3
-7.0
5.6
2.6
-3.9
5.2
13.6
11.7
22.2
-4.5
8.8
3.8
-20.7
-4.8
-25.1
-4.9
21.3
26.6
6
7
8
9
Finance companies
Brokers and dealers
-1.5
-0.6
-0.1
0.3
-2.8
3.2
0.3
-2.1
0.0
-1.5
0.6
8.0
0.5
-10.9
-0.5
2.3
0.1
0.4
2.0
-2.6
-1.6
-6.3
8
9
-32.7
-59.8
38.2
69.3
74.9
73.9
94.4
87.4
41.4
129.3
41.5
10
2.7
-35.5
2.2
-61.9
-4.8
43.0
6.7
62.5
11.2
63.7
7.4
66.5
10.3
84.2
8.7
78.7
13.1
28.3
10.1
119.2
13.0
28.5
11
12
-36.5
-64.0
-41.6
-58.0
-54.6
-45.4
-61.5
-24.7
-73.6
-135.5
15.2
13
10
11
12
13
15.3
-288.5
-13.2
49.7
-38.2
16.5
-21.3
-20.7
-26.1
-49.1
-57.0
12.8
2.4
-300.0
11.5
-9.6
-3.6
49.3
0.4
-36.1
-2.2
25.0
-8.5
-25.0
3.7
-12.1
-8.6
-26.1
-0.0
-56.5
7.4
-49.6
-7.4
2
3
56
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
2447.3
2050.5
-461.3
1066.7
1111.3
1390.4
84.5
1295.7
1131.7
1148.2
869.6
1.0
1208.6
94.2
3.2
556.2
114.1
-4.9
30.7
33.1
2.7
373.5
31.6
-0.4
383.9
42.6
-11.8
492.5
31.4
8.7
517.3
32.8
1.7
341.7
34.8
1.9
426.1
40.6
-5.0
333.8
45.6
-0.4
434.1
49.5
2
3
4
Federal government
Rest of the world
76.6
488.6
89.5
428.9
81.4
-292.9
90.6
559.8
102.9
364.9
73.5
258.0
177.1
749.9
57.2
471.8
-306.5
588.6
463.0
-146.9
197.9
545.9
5
6
7
8
9
10
11
12
13
Monetary authority
U.S.-chartered commercial banks
Foreign banking offices in U.S.
Bank holding companies
Banks in U.S.-affiliated areas
Savings institutions
Credit unions
2.5
8.6
144.8
-3.4
-11.6
22.2
-5.6
2.2
-6.7
549.5
-180.7
-4.5
-30.1
1.1
6.1
255.5
-418.2
-48.0
3.3
-50.5
14.7
29.2
121.5
7.5
-97.9
-5.0
-1.6
-8.4
-26.7
38.4
259.0
-32.2
-5.2
2.3
0.9
-103.1
297.7
346.0
93.7
-18.2
-44.1
-2.1
159.6
-250.5
-870.3
-484.9
-6.3
13.1
2.7
-4.1
358.8
249.5
87.7
-4.9
-16.0
3.8
-64.6
41.3
326.8
15.3
-6.4
41.6
-7.2
-95.5
-222.1
743.0
-10.1
12.0
-29.8
-4.5
57.4
-24.4
-283.2
-221.8
-21.4
13.5
11.3
7
8
9
10
11
12
13
14
15
25.8
67.6
40.2
46.8
1.9
-4.6
8.7
55.1
6.1
31.5
18.7
3.7
-13.3
-44.0
4.5
39.1
46.6
-22.1
28.6
122.0
-55.4
-12.9
14
15
16
17
Government-sponsored enterprises
Finance companies
17.7
-6.9
37.1
10.4
62.2
-91.2
-68.1
-11.8
-16.6
-13.9
-138.2
-77.6
69.4
37.9
-56.5
-74.3
-11.3
40.8
-27.7
-52.4
29.1
30.3
16
17
18
19
20
REITs
Brokers and dealers
Funding corporations
4.6
46.2
265.9
-2.7
-70.7
466.7
-13.8
19.8
-45.9
14.9
39.5
-74.6
12.5
-1.0
-37.7
-5.2
155.9
19.5
-6.4
-185.2
177.1
16.7
220.3
-436.0
11.2
70.0
-100.9
10.7
-90.1
73.5
11.5
-204.1
312.8
18
19
20
2421.5
91.3
-112.6
727.6
988.9
1061.6
75.5
1252.1
903.2
558.6
1241.8
21
2
3
4
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
5
6
21
22
23
24
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
66.1
933.4
330.8
55.1
-357.5
107.5
21.1
104.0
-81.7
44.4
493.9
-81.6
33.7
417.1
14.9
54.7
349.7
-75.0
75.0
241.2
-12.5
7.1
439.2
0.8
7.5
477.1
10.5
73.0
308.5
25.4
47.4
443.5
22.7
22
23
24
25
26
27
-34.3
1.9
606.5
-23.2
-28.0
-324.9
-12.2
35.4
255.7
-3.0
-3.5
510.3
-57.8
3.7
271.0
25.8
26.0
318.6
55.5
18.6
611.8
-79.9
-1.3
13.7
-75.2
7.2
868.2
-76.0
2.1
-357.9
0.0
7.0
560.0
25
26
27
28
29
30
31
32
33
34
Monetary authority
U.S.-chartered commercial banks
Foreign banking offices in U.S.
Bank holding companies
Banks in U.S.-affiliated areas
Savings institutions
Credit unions
25.8
28.2
14.7
93.9
6.1
6.2
11.0
530.2
128.4
364.3
183.2
-1.0
-25.4
8.4
-493.8
27.3
-115.9
55.1
-4.5
-6.2
6.4
7.8
-72.0
4.9
-64.0
4.5
-8.0
-8.7
142.7
-76.4
223.1
51.1
0.8
0.3
-28.9
2.9
-270.1
-75.9
208.5
-4.7
-22.3
43.8
64.0
-77.2
-291.2
-495.2
-4.3
82.2
-17.1
41.1
453.7
298.8
175.7
-0.6
-89.1
-16.7
51.5
-165.0
155.1
35.7
4.3
0.7
-93.7
-4.1
-443.3
554.4
-6.2
19.0
18.3
28.4
482.1
-151.2
-116.0
-0.9
-19.4
71.5
-33.6
28
29
30
31
32
33
34
35
36
37
38
39
17.6
39.5
17.5
-0.6
33.3
6.8
37.2
11.3
-0.0
63.3
16.7
-22.5
21.6
0.5
61.9
0.4
2.8
-32.9
0.7
65.7
3.3
-34.2
-6.8
1.2
70.8
12.7
4.9
-0.4
1.6
63.3
-13.7
-122.7
-80.6
0.2
92.1
-9.9
-79.2
-25.5
1.4
66.6
7.8
60.2
-16.1
-0.1
-305.9
-0.3
-16.3
-0.1
2.8
426.5
15.4
-101.3
14.7
0.7
95.9
35
36
37
38
39
40
41
42
31.8
2.8
27.0
-43.1
3.2
-42.6
11.3
-5.1
1.2
7.7
-12.0
29.3
5.8
11.5
-1.6
22.7
-27.8
105.4
249.2
28.0
8.8
-64.2
10.5
-159.2
-195.4
31.6
1.5
23.5
3.9
179.2
259.3
-0.0
-27.8
40
41
42
43
44
45
46
Finance companies
REITs
Brokers and dealers
Funding corporations
1.7
-4.4
47.3
117.6
11.8
-0.8
-615.1
42.1
31.9
-8.5
54.9
-67.2
-15.9
7.4
-104.2
-46.5
12.3
10.8
-102.4
22.9
-5.1
16.9
114.1
171.3
17.5
-21.2
-219.6
-113.2
23.4
24.7
110.2
110.8
-21.4
14.5
20.0
22.7
48.0
7.1
-186.8
-70.5
-0.9
-3.1
-352.9
28.6
43
44
45
46
25.8
1959.2
-348.7
339.2
122.4
328.8
9.0
43.7
228.5
589.6
-372.2
47
47
Discrepancy
57
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
414.0
200.9
230.5
-17.3
307.0
32.8
17.6
5.8
26.4
24.4
329.1
127.0
233.1
-31.1
262.6
17.6
6.8
4.6
24.2
13.3
303.6
24.5
237.7
41.4
279.8
-10.8
16.7
2.1
8.6
7.2
351.4
47.7
320.5
-16.9
322.1
-1.1
0.4
3.0
12.5
14.5
390.3
48.6
352.6
-10.9
365.2
-5.9
3.3
6.3
14.8
6.6
314.9
14.2
318.3
-17.6
267.5
4.1
12.7
1.3
19.5
9.8
372.0
-2.7
347.4
27.3
365.0
-18.8
-13.7
3.7
21.7
14.2
356.8
12.1
341.8
2.9
348.0
7.6
-9.9
0.3
2.9
7.9
554.2
123.1
391.9
39.2
504.8
4.5
7.8
6.0
24.2
6.7
283.1
13.4
327.6
-57.9
280.4
-23.3
-0.3
7.9
10.7
7.6
367.3
45.9
349.1
-27.7
327.8
-12.2
15.4
10.7
21.4
4.3
1
2
3
4
5
6
7
8
9
10
211.6
0.3
-0.8
7.1
-1.0
-5.6
9.0
0.6
221.2
142.3
48.2
30.7
189.5
-0.2
24.8
14.9
12.5
12.2
55.8
0.6
310.1
255.7
39.1
15.2
112.0
0.5
15.3
7.0
7.7
12.1
3.5
0.6
158.6
134.3
13.5
10.8
186.2
-0.0
7.5
2.3
6.8
2.4
30.5
0.6
236.2
114.7
93.7
27.8
198.4
0.1
20.3
-2.8
-9.8
5.3
13.0
0.6
225.1
91.8
103.0
30.3
250.4
-0.1
10.2
0.9
6.6
6.5
43.5
0.6
318.6
214.0
87.3
17.3
203.3
0.1
-3.0
2.2
9.6
0.4
69.0
0.6
282.2
96.7
122.7
62.8
100.2
0.0
15.6
6.5
-20.0
4.3
6.8
0.6
114.0
33.4
104.9
-24.4
176.8
0.0
13.8
-6.3
-3.8
11.5
15.8
0.6
208.4
109.2
100.5
-1.3
270.3
0.1
25.5
-1.3
-8.5
-1.6
16.0
0.6
301.1
116.2
98.4
86.5
246.5
0.1
26.4
-9.9
-6.8
6.9
13.2
0.6
276.9
108.4
108.4
60.2
11
12
13
14
15
16
17
18
19
20
21
22
1.7
1.7
1.4
1.4
1.7
1.7
2.3
2.3
3.8
3.8
1.3
1.3
0.8
0.8
2.3
2.3
5.8
5.8
1.7
1.7
5.5
5.5
23
24
3.1
3.1
2.6
2.6
4.6
4.6
0.9
0.9
0.4
0.4
0.3
0.3
-0.6
-0.6
-0.9
-0.9
0.8
0.8
-1.9
-1.9
3.6
3.6
25
26
9.1
0.1
0.7
0.0
3.8
3.3
0.6
0.6
-4.2
-0.1
1.2
0.0
-1.0
-5.4
0.3
1.0
0.0
0.0
-0.0
0.0
-0.9
1.6
-0.4
-0.3
-2.7
0.1
0.4
0.0
-1.8
-1.2
-0.2
-0.0
-5.9
-0.0
0.3
0.0
-5.2
-0.9
-0.1
0.0
0.4
0.3
1.2
0.0
1.5
-3.0
0.2
0.2
-6.4
0.3
-0.1
0.0
-4.5
-0.9
-1.0
-0.3
-1.6
0.3
-0.2
0.0
0.6
-2.7
0.1
0.1
-17.7
-0.3
0.5
0.0
-20.0
3.5
-0.7
-0.7
-2.9
-0.3
0.7
0.0
-1.4
-2.0
0.1
0.0
-1.6
0.1
0.1
0.0
0.1
-2.7
0.3
0.6
27
28
29
30
31
32
33
34
130.7
0.2
5.3
41.5
-110.0
67.8
46.6
2.5
-12.5
-7.3
59.4
88.7
106.9
10.6
9.3
-23.3
-87.9
15.5
-46.7
-1.0
22.2
-36.2
-0.7
-62.3
59.5
-1.3
9.3
-18.4
-41.2
7.9
83.3
2.3
15.5
-2.7
89.0
187.4
-342.5
-5.1
47.5
-20.7
-194.4
-515.2
-31.9
1.0
7.2
-97.1
116.1
-4.8
163.2
-2.1
11.6
24.4
-213.1
-16.1
117.0
-1.3
28.8
-1.7
-131.0
11.8
-10.2
-2.8
-10.1
0.7
63.0
40.6
35
36
37
38
39
40
-54.8
-54.8
-1.1
-1.1
-9.3
-9.3
20.3
20.3
21.5
21.5
-1.4
-1.4
-10.9
-10.9
69.0
69.0
17.9
17.9
-1.3
-1.3
0.5
0.5
41
42
43.7
73.9
117.6
35.6
6.4
42.1
-73.5
6.3
-67.2
-31.5
-15.0
-46.5
-33.7
56.6
22.9
106.7
64.7
171.3
-22.0
-91.2
-113.2
69.5
41.3
110.8
-62.1
84.8
22.7
-133.1
62.7
-70.5
-9.2
37.8
28.6
43
44
45
0.0
0.0
0.0
0.0
0.0
0.0
2.4
1.2
1.2
7.9
4.0
4.0
1.4
0.7
0.7
5.0
2.5
2.5
3.1
1.5
1.5
0.6
0.3
0.3
2.5
1.3
1.3
2.2
1.1
1.1
0.2
0.1
0.1
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).
58
2008
2009
2010
2011
2010
Q3
2011
Q4
Q1
Q2
Q3
Q4
23.9
-0.1
24.0
529.8
0.0
529.7
-543.3
0.2
-543.5
-10.1
0.1
-10.2
100.2
0.5
99.7
-4.5
0.2
-4.7
-0.3
-0.4
0.1
-0.6
-0.3
-0.3
1.1
1.1
0.0
2.6
0.6
2.0
397.9
0.6
397.3
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
1.9
1.9
-5.4
-5.4
0.4
0.4
-1.5
-1.5
-2.5
-2.5
7.5
7.5
-21.1
-21.1
2.4
2.4
-3.6
-3.6
8.6
8.6
-17.3
-17.3
6
7
1.0
1.0
3.2
3.2
-4.9
-4.9
2.7
2.7
-0.4
-0.4
-11.8
-11.8
8.7
8.7
1.7
1.7
1.9
1.9
-5.0
-5.0
-0.4
-0.4
8
9
6
7
8
9
10
11
12
13
15.5
13.5
0.2
1.8
17.6
19.5
-3.4
1.5
8.4
9.7
-1.1
-0.1
14.8
14.7
0.4
-0.4
14.8
15.3
-1.4
0.9
26.7
25.0
1.2
0.4
6.9
15.9
2.2
-11.2
11.2
7.1
0.9
3.3
10.4
17.5
-5.2
-2.0
26.5
24.5
-0.6
2.6
11.0
12.1
-0.9
-0.2
10
11
12
13
14
15.5
17.6
8.4
14.8
14.8
26.7
6.9
11.2
10.4
26.5
11.0
14
18.7
25.4
-5.0
6.3
8.8
17.8
-15.5
-2.0
52.9
29.9
-45.5
15
6.7
8.3
3.7
11.0
10.9
3.4
-5.1
-0.9
1.0
3.2
3.0
0.1
-0.3
5.3
3.8
9.9
7.4
0.5
-7.4
-5.6
-2.5
-4.1
0.6
1.6
21.2
22.9
8.8
9.5
13.9
6.6
-27.7
-16.2
-1.6
16
17
18
26.3
26.3
38.2
38.2
10.1
10.1
-4.4
-4.4
-0.8
-0.8
5.2
5.2
-9.2
-9.2
-7.3
-7.3
1.0
1.0
1.2
1.2
1.8
1.8
19
20
4.4
4.4
0.7
0.7
2.5
2.5
-1.3
-1.3
0.2
0.2
-0.8
-0.8
-0.9
-0.9
-0.6
-0.6
-0.1
-0.1
0.5
0.5
1.0
1.0
21
22
-2.1
-2.1
-353.2
-353.2
-30.2
-30.2
-123.5
-123.5
-75.0
-75.0
31.7
31.7
-160.5
-160.5
-95.2
-95.2
72.8
72.8
-3.1
-3.1
-274.5
-274.5
23
24
33.3
33.3
63.3
63.3
61.9
61.9
65.7
65.7
70.8
70.8
63.3
63.3
92.1
92.1
66.6
66.6
-305.9
-305.9
426.5
426.5
95.9
95.9
25
26
43.9
43.9
26.5
26.5
16.6
16.6
22.5
22.5
18.5
18.5
15.7
15.7
74.0
74.0
-0.3
-0.3
-25.4
-25.4
35.9
35.9
63.9
63.9
27
28
Policy payables:
15
16
17
18
19
20
21
22
23
24
25
26
27
28
(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.
59
2008
2009
2010
2011
2010
Q3
2
3
4
5
6
Federal government
Rest of the world
Monetary authority
7
8
9
10
11
12
13
14
Savings institutions
Credit unions
Life insurance companies
Government-sponsored enterprises
15
16
17
18
Finance companies
REITs
Brokers and dealers
Funding corporations
19
2011
Q4
Q1
Q2
Q3
Q4
1500.8
935.9
-387.7
588.2
309.3
241.9
98.6
673.7
548.1
101.3
-85.9
992.6
93.9
366.0
114.3
-83.8
32.6
188.6
31.6
185.3
42.6
242.9
31.5
314.8
32.7
242.2
34.8
249.4
40.6
63.0
45.4
186.6
49.4
2
3
-0.6
49.0
-0.7
-0.3
-431.3
-0.5
2.9
-54.8
1.5
2.4
216.2
28.3
13.6
-129.5
-27.1
-5.4
-53.7
-103.4
11.0
377.4
160.3
-9.1
113.3
-3.2
24.7
27.5
-65.4
0.6
-434.2
-93.6
38.1
-224.8
53.8
4
5
6
-122.2
101.9
-3.4
-11.6
-53.3
489.1
-180.7
-4.5
148.6
-360.0
-48.0
3.3
168.2
31.5
-97.9
-5.0
-21.1
272.4
-32.2
-5.2
214.4
229.2
93.7
-18.2
92.0
-845.4
-484.9
-6.3
390.7
164.4
87.7
-4.9
-121.9
375.1
15.3
-6.4
-339.1
850.7
-10.1
12.0
-14.3
-300.5
-221.8
-21.4
7
8
9
10
22.0
-5.6
21.4
6.7
-32.6
1.1
-9.0
46.7
-61.1
14.7
-40.1
61.8
-0.6
-8.4
15.7
-63.9
3.6
0.9
18.0
-8.2
-46.5
-2.1
-50.2
-146.1
18.2
2.7
-98.9
96.9
-17.0
3.8
48.1
-57.3
43.7
-7.2
-41.2
10.1
-28.5
-4.5
74.0
-33.4
16.4
11.3
-8.8
47.9
11
12
13
14
12.0
4.6
73.4
267.3
6.5
-2.7
-192.2
819.4
-70.7
-13.8
97.9
-18.7
1.6
14.9
24.7
40.4
-22.2
12.5
-29.3
35.3
-80.0
-5.2
-41.3
-17.8
69.2
-6.4
31.3
333.8
-50.5
16.7
56.0
-342.0
-13.0
11.2
182.6
-176.9
-47.8
10.7
-37.7
73.9
22.3
11.5
-318.1
586.5
15
16
17
18
1475.0
-1023.3
-39.0
249.0
186.9
-86.9
89.6
630.0
319.6
-488.2
286.2
19
20
21
22
672.7
326.4
-34.3
-629.9
102.9
-23.2
-165.7
-82.7
-12.2
148.4
-82.1
-3.0
25.1
10.8
-57.8
75.9
-76.7
25.8
-107.5
-9.9
55.5
21.4
-0.6
-79.9
-68.2
1.2
-75.2
15.7
18.2
-76.0
131.3
24.3
0.0
20
21
22
23
24
25
Federal government
Rest of the world
Monetary authority
0.4
385.4
1.8
-29.4
-635.0
0.5
32.3
97.1
49.6
-9.8
274.0
18.0
-1.3
45.9
42.9
22.0
-0.0
7.6
16.7
329.5
64.0
-3.6
-100.3
41.4
-1.0
659.8
51.5
-1.2
-659.0
-6.1
0.8
283.1
84.8
23
24
25
26
27
28
29
-11.5
14.7
26.2
6.1
109.2
364.3
94.5
-1.0
34.4
-115.9
39.6
-4.5
-69.9
4.9
-1.6
4.5
-65.8
223.1
43.2
0.8
-275.9
-75.9
21.2
-4.7
-53.3
-291.2
20.0
-4.3
446.3
298.8
180.4
-0.6
-150.3
155.1
51.8
4.3
-416.6
554.4
-17.9
19.0
-142.6
-116.0
-41.5
-19.4
26
27
28
29
30
31
Savings institutions
Credit unions
1.0
10.4
-14.6
8.1
-8.2
6.8
-5.3
-8.5
3.7
-28.8
-26.8
43.6
104.2
-16.1
-88.9
-16.7
0.8
-93.0
11.6
28.3
91.5
-33.9
30
31
32
33
34
32.1
-13.2
-0.6
28.5
-27.6
-0.0
-19.3
9.0
0.5
-2.9
-27.2
0.7
-40.0
-6.1
1.2
15.1
-4.8
1.6
-134.8
-70.5
0.2
-81.4
-17.6
1.4
53.0
-17.1
-0.1
-19.3
-1.8
2.8
-112.3
11.9
0.7
32
33
34
35
36
37
31.8
2.8
27.0
-43.1
3.2
-42.6
11.3
-5.1
1.2
7.7
-12.0
29.3
5.8
11.5
-1.6
22.7
-27.8
105.4
249.2
28.0
8.8
-64.2
10.5
-159.2
-195.4
31.6
1.5
23.5
3.9
179.2
259.3
-0.0
-27.8
35
36
37
38
39
40
Finance companies
REITs
Brokers and dealers
-24.7
-4.4
24.9
-12.4
-0.8
-275.1
23.3
-8.5
78.0
-28.4
7.4
4.7
-2.5
10.8
-34.0
-24.7
16.9
72.6
-4.1
-21.2
-73.4
20.5
24.7
197.5
-45.6
14.5
-59.6
37.3
7.1
-191.3
-22.3
-3.1
-82.7
38
39
40
25.8
1959.2
-348.7
339.2
122.4
328.8
9.0
43.7
228.5
589.6
-372.2
41
41
Discrepancy
60
2008
2009
2010
2011
2010
Q3
All sectors
2011
Q4
Q1
Q2
Q3
Q4
-83.5
983.1
21.6
253.3
78.1
33.1
80.3
-38.0
-333.8
637.5
46.9
-230.4
126.0
-104.4
934.9
91.5
-176.1
-203.1
92.4
-57.8
40.9
17.2
97.9
-278.9
188.0
-165.6
102.5
252.6
82.4
-333.0
9.6
15.0
-30.8
2
3
-20.7
23.4
98.3
-20.0
85.5
-63.0
-31.1
-41.3
132.2
-29.4
-48.6
225.7
-13.7
7.5
-24.5
-36.9
-311.7
-167.9
-42.6
-123.8
347.9
-17.6
110.6
-130.1
-19.7
-947.4
358.4
8.0
713.9
-293.0
-25.7
153.1
-33.5
4
5
6
Financial sectors
-80.0
150.0
46.4
216.4
125.7
434.6
-10.2
62.1
-60.2
532.1
-31.2
-2.8
-136.2
2.6
-4.9
-7.1
24.3
2.3
-0.2
-33.1
-5.1
-12.9
-1.1
54.4
3.7
-6.0
238.2
1.3
-9.8
5.3
3.4
5.6
-10.1
140.1
1.1
-7.0
0.8
-8.7
1.8
-0.9
41.3
4.4
-10.3
-0.3
0.7
-2.2
-17.5
366.7
7.3
-8.1
0.5
-9.4
1.7
-4.1
-204.8
-0.3
-8.5
2.4
-1.2
4.4
0.1
84.6
13.7
-9.1
0.5
9.6
-0.6
-1.4
-111.5
-1.5
-9.5
0.0
-1.5
-8.4
2.3
256.1
5.6
-11.2
-3.3
-6.1
0.4
-4.4
-64.0
-0.2
-11.5
1.6
0.8
-0.4
8
9
10
11
12
13
14
3.1
-50.7
-0.6
-59.4
-15.1
-82.4
38.8
-8.2
25.9
-11.8
11.0
1.4
115.2
23.2
-0.6
16.9
61.3
-57.9
31.3
-32.9
11.6
26.6
15
16
2
3
Household sector
Nonfinancial corporate business
4
5
6
7
8
9
10
11
12
13
14
Monetary authority
U.S.-chartered commercial banks
Foreign banking officed in U.S.
Bank holding companies
Banks in U.S.-affiliated areas
Savings institutions
Credit unions
15
16
17
18
Mutual funds
Government-sponsored enterprises
13.4
27.7
-5.7
107.8
-83.3
52.2
-103.6
57.7
-94.8
64.6
-106.5
110.1
-109.4
-8.5
-103.6
60.2
-103.6
35.2
-88.6
89.3
-83.6
74.0
17
18
19
20
21
22
0.0
20.8
31.9
-4.3
0.0
36.3
-5.8
71.9
0.0
14.9
-15.8
-62.1
0.0
61.3
29.3
22.9
0.0
30.2
42.5
36.4
0.0
45.3
10.6
21.6
0.0
115.4
46.7
19.4
0.0
-15.0
35.7
-30.2
0.0
41.7
52.4
44.5
0.0
61.2
47.3
180.7
0.0
32.9
34.8
-49.6
19
20
21
22
All types
2
3
Treasury currency
Foreign deposits
4
5
6
7
8
9
Mail floats
State and local governments
Federal government
Private domestic
-83.5
983.1
21.6
253.3
78.1
33.1
80.3
-38.0
-333.8
637.5
46.9
-1.2
196.5
-0.8
-347.1
-4.4
-74.4
-1.1
18.2
-0.7
10.7
-1.9
-56.8
-0.5
36.2
-1.0
136.2
-0.7
-99.8
-0.5
50.6
-0.5
-44.0
2
3
1.8
-231.4
30.6
-604.9
34.4
466.5
-20.2
-85.4
27.6
-128.4
61.0
-393.0
136.6
39.1
54.0
-378.3
-241.2
-234.0
174.4
-141.5
123.0
240.3
4
5
1.0
0.0
1.2
-0.1
-5.2
0.0
-3.3
-2.0
-0.3
0.0
0.7
-1.0
-1.1
0.0
0.0
-1.1
1.0
0.0
0.1
0.9
2.4
0.0
1.1
1.4
0.7
0.0
3.7
-3.0
-61.4
0.0
-62.7
1.3
62.7
0.0
62.6
0.2
-1.6
0.0
-4.5
2.9
4.1
0.0
4.9
-0.9
6
7
8
9
10
11
Trade credit
Taxes payable
-53.0
-36.5
12.8
-64.0
77.4
-41.6
67.5
-58.0
81.2
-54.6
135.5
-45.4
-50.0
-61.5
145.9
-24.7
18.6
-73.6
67.9
-135.5
92.6
15.2
10
11
12
Miscellaneous
25.8
1959.2
-348.7
339.2
122.4
328.8
9.0
43.7
228.5
589.6
-372.2
12
13
Nonfinancial
13.5
2.6
-87.3
-5.7
18.9
2.5
-29.3
47.6
5.5
34.3
-11.7
13
-12.0
-6.3
4.7
-2.4
-5.0
4.8
77.4
5.0
4.9
0.8
0.0
4.9
-23.4
0.0
4.5
-7.4
0.0
4.9
24.5
0.0
4.9
-52.0
0.0
4.4
-10.0
0.0
4.4
-38.7
0.0
4.5
7.2
0.0
4.6
14
15
16
14
15
16
61
1
2
3
4
5
6
7
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
50875.7
53296.6
53065.8
52683.5
52666.8
52940.9
53353.1
53558.7
53499.4
53827.4
54134.3
32531.0
34468.0
35435.9
35805.8
36045.2
36459.9
36938.1
37168.2
37341.7
37834.4
38314.6
13782.4
6933.6
3824.9
2867.8
5122.3
13801.1
7269.4
4148.2
2887.8
6361.5
13570.2
7052.9
4008.1
2999.3
7805.4
13451.5
7135.1
3913.7
3022.3
8283.2
13386.4
7170.1
3847.1
3014.0
8627.7
13349.7
7268.1
3806.9
3017.4
9017.8
13328.6
7355.1
3803.3
3065.5
9385.6
13215.7
7462.7
3798.2
3045.7
9645.9
13208.4
7583.4
3798.3
3013.0
9738.6
13205.9
7685.6
3813.0
3002.2
10127.6
13222.9
7800.0
3831.3
3006.8
10453.6
3
4
5
6
7
2126.3
1708.8
2090.3
2113.0
2106.8
2136.0
2273.1
2325.9
2321.4
2272.0
2239.7
Financial sectors
16218.4
17119.8
15539.6
14764.7
14514.8
14344.9
14141.8
14064.6
13836.3
13721.0
13580.0
10
11
12
629.6
0.5
632.7
708.6
0.0
716.6
576.1
0.0
1089.5
906.8
0.0
1070.7
878.5
0.0
1041.1
839.9
0.0
1092.2
824.9
0.0
1046.9
796.9
0.0
1058.0
783.2
0.0
1011.3
765.9
0.0
984.4
768.9
0.0
964.0
10
11
12
13
14
Savings institutions
Credit unions
423.3
32.3
356.1
40.6
152.3
26.5
143.3
25.4
136.2
25.0
133.8
25.2
127.4
26.1
121.0
23.7
116.2
22.8
113.2
23.7
103.4
24.1
13
14
15
16
17
18
28.7
2910.2
4464.4
4544.7
54.9
3181.9
4961.4
4136.5
48.3
2706.6
5376.7
3292.6
45.6
6653.3
980.2
2696.1
45.6
6591.1
1046.5
2563.6
45.3
6498.1
1096.0
2449.0
45.1
6434.5
1139.5
2339.0
45.5
6437.3
1187.0
2251.2
46.2
6317.3
1236.0
2192.9
46.4
6282.7
1277.3
2127.2
46.9
6233.7
1302.1
2068.8
15
16
17
18
19
20
21
22
Finance companies
REITs
Brokers and dealers
Funding corporations
1279.6
421.2
64.8
786.4
1200.3
367.4
142.6
1252.8
1044.1
317.4
92.9
816.8
1048.1
318.5
92.3
784.6
1017.7
316.4
100.9
752.3
974.9
325.3
96.1
769.2
962.1
315.2
129.7
751.4
949.6
326.4
128.2
739.8
917.4
345.3
110.1
737.7
918.1
351.8
99.2
731.2
918.0
346.3
91.8
711.9
19
20
21
22
50875.7
53296.6
53065.8
52683.5
52666.8
52940.9
53353.1
53558.7
53499.4
53827.4
54134.3
23
7046.5
6886.9
7380.6
7517.4
7631.3
7634.4
7726.1
7716.5
7438.6
7346.2
7264.5
24
4936.6
249.7
106.7
1466.9
286.5
4865.2
217.5
95.8
1335.2
373.1
5096.7
227.1
89.1
1298.5
669.2
5192.1
228.7
87.6
1323.7
685.4
5310.2
233.8
86.5
1312.9
688.0
5252.9
244.1
85.6
1317.9
734.0
5314.4
232.3
85.5
1339.3
754.5
5288.3
229.7
85.5
1327.2
785.9
5048.4
237.6
85.6
1302.4
764.6
4987.9
233.2
85.8
1270.0
769.3
4933.1
238.2
86.1
1254.9
752.1
25
26
27
28
29
23
24
25
26
27
28
29
30
7272.6
7504.6
7724.2
7852.0
7960.2
8160.4
8375.8
8393.5
8390.6
8555.9
8591.3
30
31
Financial sectors
36556.6
38905.1
37961.0
37314.1
37075.3
37146.0
37251.3
37448.6
37670.2
37925.3
38278.6
31
32
33
34
35
36
37
38
Monetary authority
U.S.-chartered commercial banks
Foreign banking offices in U.S.
Bank holding companies
Banks in U.S.-affiliated areas
Savings institutions
Credit unions
740.6
7666.8
963.3
59.1
92.8
1596.1
657.9
986.0
8197.9
1063.8
73.0
90.9
1320.0
697.9
1987.7
8071.7
778.0
75.8
88.1
1070.4
731.0
2151.8
8311.6
767.2
79.1
83.8
1073.0
737.3
2187.3
8212.3
760.5
63.0
72.2
1061.7
750.2
2150.3
8252.6
881.5
108.1
69.3
1067.2
741.1
2259.2
8270.4
747.1
97.9
68.9
1081.0
755.5
2479.2
8157.7
757.6
105.7
67.6
1064.8
765.4
2700.4
8148.1
773.4
105.3
65.2
1049.3
774.3
2686.1
8261.6
804.4
110.5
63.7
1048.4
781.6
2635.6
8427.3
784.9
100.7
64.0
1049.4
795.0
32
33
34
35
36
37
38
39
40
41
42
43
869.3
2871.2
860.8
820.3
96.1
853.4
2882.8
951.4
833.5
120.3
886.7
3022.6
1063.0
824.7
127.7
886.8
3042.6
1090.0
823.7
129.4
887.2
3083.7
1114.3
819.3
133.6
892.2
3134.3
1138.7
815.8
138.3
890.6
3174.2
1171.0
816.5
138.7
895.7
3215.3
1190.7
825.0
142.2
890.8
3243.5
1217.2
820.5
146.1
891.0
3298.8
1245.0
835.6
154.2
884.6
3327.3
1272.9
832.5
158.0
39
40
41
42
43
44
45
46
47
48
49
50
1936.4
2203.1
170.9
34.0
2829.5
4464.4
4429.9
2675.0
2276.4
129.9
57.0
3037.5
4961.4
4038.3
2031.0
2657.2
139.5
102.9
2699.7
5376.7
3229.0
1828.5
2784.9
142.5
113.2
6577.4
980.2
2638.7
1703.3
2834.3
140.6
124.6
6494.1
1046.5
2507.4
1599.5
2971.1
142.8
133.4
6385.1
1096.0
2392.7
1621.0
3031.4
144.4
132.6
6333.1
1139.5
2285.2
1583.7
3160.9
146.6
138.0
6327.9
1187.0
2195.7
1521.0
3267.8
147.2
148.9
6252.4
1236.0
2139.9
1527.2
3317.9
142.4
160.4
6176.5
1277.3
2077.9
1628.2
3453.0
143.3
171.4
6133.7
1302.1
2019.5
44
45
46
47
48
49
50
51
52
53
54
Finance companies
REITs
Brokers and dealers
Funding corporations
1828.2
246.5
803.1
316.0
1755.9
177.6
717.4
1007.7
1532.6
168.9
525.3
770.9
1556.9
173.1
544.9
797.6
1526.1
177.8
529.1
846.0
1504.8
192.7
539.7
799.0
1482.8
206.0
557.5
846.8
1464.6
258.0
556.8
762.8
1435.3
301.9
549.6
735.9
1434.1
324.2
511.2
795.3
1427.2
320.7
567.2
780.1
51
52
53
54
62
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Domestic
By instrument
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Corporate bonds
Bank loans n.e.c.
Other loans and advances
Mortgages
Home
Multifamily residential
Commercial
Farm
Consumer credit
By sector
Household sector
Nonfinancial business
Corporate
Noncorporate
State and local governments
Federal government
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
32531.0
34468.0
35435.9
35805.8
36045.2
36459.9
36938.1
37168.2
37341.7
37834.4
38314.6
32531.0
123.8
5099.2
23.1
3448.1
3557.9
1647.4
1714.7
34468.0
131.5
6338.2
23.3
3543.4
3762.5
1839.9
1789.6
35435.9
58.4
7781.9
23.5
3697.9
4139.7
1553.5
1541.7
35805.8
73.6
8259.6
23.6
3730.8
4247.8
1573.9
1504.1
36045.2
82.0
8603.8
23.9
3730.7
4305.7
1550.0
1491.5
36459.9
97.9
8993.8
24.0
3734.7
4433.4
1548.0
1473.5
36938.1
82.9
9361.5
24.2
3795.6
4560.3
1577.7
1455.3
37168.2
110.5
9621.4
24.5
3778.6
4658.7
1579.6
1448.0
37341.7
106.9
9714.1
24.5
3750.5
4771.6
1627.5
1463.2
37834.4
124.7
10102.6
25.0
3733.6
4848.3
1682.0
1474.4
38314.6
116.2
10428.3
25.3
3743.4
4936.3
1733.7
1492.1
2
3
4
5
6
7
8
9
14361.5
11173.1
761.9
2313.9
112.7
2555.3
14445.4
11070.1
812.6
2428.0
134.7
2594.1
14160.4
10870.9
820.1
2338.0
131.3
2478.9
13986.2
10732.5
815.3
2305.9
132.5
2406.1
13870.2
10665.5
811.7
2259.3
133.8
2387.5
13746.9
10586.1
811.9
2213.9
135.0
2407.8
13645.9
10526.6
810.1
2173.0
136.3
2434.7
13545.1
10452.7
810.3
2146.9
135.3
2401.9
13459.1
10397.5
810.1
2117.2
134.3
2424.3
13377.0
10337.5
811.3
2095.0
133.2
2466.7
13318.3
10290.7
813.5
2081.9
132.2
2521.0
10
11
12
13
14
15
32531.0
13782.4
10758.4
6933.6
3824.9
2867.8
5122.3
34468.0
13801.1
11417.6
7269.4
4148.2
2887.8
6361.5
35435.9
13570.2
11061.0
7052.9
4008.1
2999.3
7805.4
35805.8
13451.5
11048.8
7135.1
3913.7
3022.3
8283.2
36045.2
13386.4
11017.2
7170.1
3847.1
3014.0
8627.7
36459.9
13349.7
11075.0
7268.1
3806.9
3017.4
9017.8
36938.1
13328.6
11158.4
7355.1
3803.3
3065.5
9385.6
37168.2
13215.7
11260.9
7462.7
3798.2
3045.7
9645.9
37341.7
13208.4
11381.7
7583.4
3798.3
3013.0
9738.6
37834.4
13205.9
11498.6
7685.6
3813.0
3002.2
10127.6
38314.6
13222.9
11631.3
7800.0
3831.3
3006.8
10453.6
16
17
18
19
20
21
22
23
2126.3
1708.8
2090.3
2113.0
2106.8
2136.0
2273.1
2325.9
2321.4
2272.0
2239.7
23
24
25
26
27
Commercial paper
Bonds
Bank loans n.e.c.
Other loans and advances
413.0
1587.1
102.8
23.4
342.0
1237.3
107.9
21.6
401.3
1570.3
96.8
21.9
387.5
1606.1
97.2
22.2
378.3
1606.0
100.6
22.0
378.0
1628.4
107.7
22.0
398.6
1737.3
115.1
22.1
428.2
1748.3
127.1
22.2
417.2
1751.8
130.5
21.9
352.4
1756.6
140.9
22.1
344.8
1728.8
144.3
21.8
24
25
26
27
34657.3
36176.7
37526.2
37918.8
38152.0
38595.9
39211.2
39494.0
39663.0
40106.4
40554.3
28
28
By instrument
Open market paper
GSE issues
Agency- and GSE-backed mortgage pool sec.
Corporate bonds
Bank loans n.e.c.
Other loans and advances
Mortgages
By sector
16218.4
17119.8
15539.6
14764.7
14514.8
14344.9
14141.8
14064.6
13836.3
13721.0
13580.0
1251.8
2910.2
4464.4
6291.0
277.1
867.1
156.7
1125.8
3181.9
4961.4
6013.5
773.2
900.5
163.5
677.6
2706.6
5376.7
5722.5
271.5
617.9
166.9
619.8
6653.3
980.2
5537.0
246.0
561.4
167.1
567.7
6591.1
1046.5
5380.7
230.7
530.5
167.6
574.6
6498.1
1096.0
5319.8
200.1
488.0
168.3
575.9
6434.5
1139.5
5170.5
181.3
473.2
167.1
592.5
6437.3
1187.0
5070.8
165.6
442.5
168.9
557.5
6317.3
1236.0
4982.4
144.8
424.8
173.5
527.3
6282.7
1277.3
4921.8
128.6
408.7
174.5
508.3
6233.7
1302.1
4827.3
128.4
405.9
174.3
2
3
4
5
6
7
8
16218.4
17119.8
15539.6
14764.7
14514.8
14344.9
14141.8
14064.6
13836.3
13721.0
13580.0
629.6
0.5
632.7
423.3
32.3
708.6
0.0
716.6
356.1
40.6
576.1
0.0
1089.5
152.3
26.5
906.8
0.0
1070.7
143.3
25.4
878.5
0.0
1041.1
136.2
25.0
839.9
0.0
1092.2
133.8
25.2
824.9
0.0
1046.9
127.4
26.1
796.9
0.0
1058.0
121.0
23.7
783.2
0.0
1011.3
116.2
22.8
765.9
0.0
984.4
113.2
23.7
768.9
0.0
964.0
103.4
24.1
10
11
12
13
14
10
11
12
13
14
15
16
17
18
28.7
2910.2
4464.4
4544.7
54.9
3181.9
4961.4
4136.5
48.3
2706.6
5376.7
3292.6
45.6
6653.3
980.2
2696.1
45.6
6591.1
1046.5
2563.6
45.3
6498.1
1096.0
2449.0
45.1
6434.5
1139.5
2339.0
45.5
6437.3
1187.0
2251.2
46.2
6317.3
1236.0
2192.9
46.4
6282.7
1277.3
2127.2
46.9
6233.7
1302.1
2068.8
15
16
17
18
19
20
21
22
Finance companies
REITs
Brokers and dealers
Funding corporations
1279.6
421.2
64.8
786.4
1200.3
367.4
142.6
1252.8
1044.1
317.4
92.9
816.8
1048.1
318.5
92.3
784.6
1017.7
316.4
100.9
752.3
974.9
325.3
96.1
769.2
962.1
315.2
129.7
751.4
949.6
326.4
128.2
739.8
917.4
345.3
110.1
737.7
918.1
351.8
99.2
731.2
918.0
346.3
91.8
711.9
19
20
21
22
63
1
2
3
4
5
6
7
8
9
10
11
12
Total
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
50875.7
53296.6
53065.8
52683.5
52666.8
52940.9
53353.1
53558.7
53499.4
53827.4
54134.3
1788.6
5099.2
7397.7
3448.1
11435.9
1599.3
6338.2
8166.7
3543.4
11013.2
1137.4
7781.9
8106.8
3697.9
11432.5
1081.0
8259.6
7657.0
3730.8
11390.9
1028.0
8603.8
7661.4
3730.7
11292.4
1050.6
8993.8
7618.0
3734.7
11381.5
1057.5
9361.5
7598.2
3795.6
11468.0
1131.2
9621.4
7648.7
3778.6
11477.8
1081.6
9714.1
7577.8
3750.5
11505.9
1004.4
10102.6
7585.0
3733.6
11526.8
969.2
10428.3
7561.1
3743.4
11492.5
2
3
4
5
6
2027.3
2605.3
14518.2
2555.3
2721.1
2711.7
14608.9
2594.1
1921.8
2181.4
14327.3
2478.9
1917.0
2087.8
14153.3
2406.1
1881.3
2043.9
14037.8
2387.5
1855.7
1983.5
13915.2
2407.8
1874.1
1950.6
13813.0
2434.7
1872.3
1912.8
13714.0
2401.9
1902.8
1909.8
13632.6
2424.3
1951.5
1905.1
13551.6
2466.7
2006.5
1919.8
13492.6
2521.0
7
8
9
10
25580.9
7829.0
15640.5
5435.3
20123.2
6961.6
21008.9
7295.0
18733.5
6764.2
21070.4
7401.8
23249.0
7934.5
24589.2
8471.9
24451.5
8570.5
20300.0
7532.8
22211.4
7955.9
11
12
Memo:
Selected claims not included above:
Corporate equities
Mutual fund shares
50875.7
53296.6
53065.8
52683.5
52666.8
52940.9
53353.1
53558.7
53499.4
53827.4
54134.3
67.3
2.2
27.4
1340.9
88.6
74.2
2.2
26.6
946.7
1890.5
175.1
5.2
26.2
840.6
1281.5
170.1
5.2
26.2
841.7
1194.1
165.7
5.2
26.2
879.5
1139.4
177.0
5.2
25.9
887.9
1029.3
175.8
5.2
25.9
912.3
1091.6
184.3
5.2
25.9
957.7
1802.4
189.3
5.2
25.9
941.7
1917.9
186.4
5.2
25.9
933.5
1979.4
183.8
5.2
25.9
896.1
1913.5
2
3
4
5
6
7
8
9
10
11
1532.9
5224.5
2382.2
3033.1
2159.8
2101.3
5749.3
2191.6
3757.3
1270.3
2093.4
6326.5
1989.8
3258.3
1452.4
2067.1
6459.4
1887.8
2930.7
1461.3
2173.1
6443.4
1799.3
2760.4
1324.0
2181.2
6539.7
1836.9
2746.1
1290.6
2359.8
6624.9
1807.5
2755.3
1227.4
2193.3
6741.5
1811.8
2679.4
1258.5
2314.6
6898.8
1815.3
2637.8
1220.8
2403.7
7065.7
1658.4
2578.4
1067.2
2592.6
7202.8
1602.8
2642.5
1108.2
7
8
9
10
11
12
13
14
15
7829.0
1526.4
1201.5
13390.7
5435.3
1128.5
1179.8
10408.5
6961.6
1091.2
1242.1
11914.5
7295.0
1108.8
1249.5
12291.0
6764.2
1146.1
1235.7
11610.2
7401.8
1173.7
1261.9
12331.9
7934.5
1214.8
1278.3
13088.3
8471.9
1258.1
1297.8
13483.5
8570.5
1323.8
1311.2
13412.8
7532.8
1380.9
1318.5
12466.6
7955.9
1312.4
1338.9
13160.9
12
13
14
15
16
17
18
Trade payables
Taxes payable
Miscellaneous
3398.0
167.7
17441.8
3228.0
44.0
19846.9
3204.2
40.6
19678.3
3277.4
49.5
19623.7
3313.7
43.7
20415.9
3387.6
53.9
20149.4
3403.0
51.8
20433.6
3477.3
78.2
20318.7
3553.4
66.5
20416.6
3618.8
68.6
21639.8
3679.0
72.1
21267.7
16
17
18
19
Total liabilities
111689.7 112577.4 114647.2 114622.0 113912.4 115420.9 117743.0 119604.1 120121.5 119757.0 121094.8
19
20
21
22
11.0
25580.9
8951.2
11.0
15640.5
7314.6
11.0
20123.2
6428.9
11.0
21008.9
6632.6
11.0
18733.5
7004.3
11.0
21070.4
6717.7
11.0
23249.0
7162.7
11.0
24589.2
7169.3
11.0
24451.5
7145.0
11.0
20300.0
7525.8
11.0
22211.4
7298.7
20
21
22
23
24
25
-11.3
1082.9
21.1
-12.1
735.8
51.7
-16.5
661.4
86.1
-16.5
660.1
58.9
-17.0
684.8
74.0
-17.5
670.6
69.4
-17.6
679.6
61.8
-17.9
713.6
75.3
-18.0
688.7
83.3
-18.2
701.3
104.2
-18.3
690.3
89.4
23
24
25
628.0
-174.8
-7147.8
32.6
-345.3
-4807.1
410.9
-375.5
-5298.2
462.0
-371.4
-5421.3
438.8
-386.2
-5181.1
359.3
-388.5
-5534.7
295.6
-397.1
-5366.2
223.4
-380.0
-5427.8
208.8
-400.3
-5487.4
186.7
-394.5
-5163.6
172.6
-401.9
-5523.2
26
27
28
0.0
2.8
7.3
118.1
0.0
1.2
5.3
130.9
0.0
2.0
4.2
208.3
0.0
1.4
3.3
221.7
0.0
-0.6
3.4
162.0
0.0
1.6
3.5
201.4
0.0
2.5
3.2
267.1
0.0
2.6
3.3
252.6
0.0
3.5
3.4
226.0
0.0
1.7
3.9
247.3
0.0
2.5
4.1
351.1
29
30
31
32
151706.7 139750.5 145527.6 146676.5 143883.2 147855.1 152636.9 155928.5 156421.1 151925.0 155249.5
33
2
3
4
5
6
26
27
28
Security RPs
Taxes payable
Miscellaneous
29
30
31
32
33
64
2
3
4
5
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
Securities
7
8
9
10
11
12
13
14
Municipal securities
Corporate and foreign bonds
Corporate equities (2)
Mutual fund shares
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
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
46230.9
38622.7
42609.9
43368.2
41612.7
43566.3
45551.7
46835.1
46583.2
43553.8
45254.4
80.5
605.9
6247.9
1421.0
56.9
811.4
6440.9
1657.2
50.5
870.1
6543.3
1386.8
50.6
768.4
6669.3
1271.1
52.8
722.5
6667.4
1211.6
53.3
675.5
6724.0
1196.7
54.8
703.9
6759.2
1200.4
57.5
680.4
6803.3
1169.3
56.6
683.3
6954.4
1157.5
56.1
751.5
6988.8
1171.7
53.2
828.6
7049.1
1177.9
2
3
4
5
19108.5
13855.1
16565.0
17063.1
16130.3
17345.6
18482.0
19352.4
18962.5
16688.7
17574.0
107.3
196.4
127.6
689.2
6.0
194.0
114.4
733.5
34.6
191.2
670.5
139.0
44.6
190.2
827.7
107.9
54.2
189.6
1012.4
148.9
63.0
188.7
1036.5
182.0
63.4
187.9
972.3
219.0
67.9
186.8
882.9
306.7
64.9
186.0
706.2
279.7
60.3
185.1
777.4
232.1
58.2
185.2
818.3
196.1
7
8
9
10
1730.7
2022.7
9636.8
4597.9
1771.6
1961.6
5746.9
3327.2
1901.6
2082.7
7408.7
4136.7
1935.0
2011.6
7649.4
4296.9
1938.9
1893.5
6918.7
3974.2
1921.4
1790.7
7863.7
4299.6
1962.8
1841.9
8663.1
4571.7
1964.1
1815.7
9211.7
4916.7
1933.0
1818.5
9008.2
4965.9
1907.0
1768.2
7415.2
4343.3
1884.3
1737.0
8140.2
4554.7
11
12
13
14
1076.8
13390.7
2450.8
6444.8
4495.1
1049.8
10408.5
2184.6
4588.0
3635.9
1109.2
11914.5
2323.0
5507.4
4084.2
1115.4
12291.0
2371.5
5745.0
4174.5
1098.5
11610.2
2305.3
5352.4
3952.5
1122.8
12331.9
2406.1
5765.0
4160.9
1137.2
13088.3
2504.7
6134.3
4449.4
1155.3
13483.5
2565.6
6363.6
4554.3
1167.8
13412.8
2586.6
6368.8
4457.4
1172.6
12466.6
2513.1
5754.4
4199.1
1190.6
13160.9
2568.0
6117.3
4475.5
15
16
17
18
19
4299.6
4342.9
4170.4
4139.2
4119.3
4116.3
4125.8
4133.3
4188.2
4257.9
4220.0
20
19745.6
20079.1
19791.7
19582.6
19478.3
19420.1
19451.2
19384.9
19391.8
19360.7
19396.9
21
11130.8
2301.9
2555.3
11037.4
2529.9
2594.1
10850.6
2551.9
2478.9
10714.1
2527.3
2406.1
10649.5
2494.7
2387.5
10571.3
2466.9
2407.8
10513.0
2446.7
2434.7
10440.3
2439.3
2401.9
10386.2
2432.3
2424.3
10326.8
2425.5
2466.7
10280.5
2417.9
2521.0
22
23
24
114.5
325.5
3317.6
120.4
164.8
3632.4
121.1
203.0
3586.2
121.7
196.4
3617.1
122.4
217.0
3607.2
123.5
233.7
3616.8
124.5
278.2
3654.2
124.8
315.7
3662.9
125.5
312.8
3710.7
126.4
251.9
3763.4
126.8
238.5
3812.2
25
26
27
(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).
65
1
2
3
4
5
6
7
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
51574.6
42234.6
45434.3
46454.0
45116.1
46817.3
49252.4
50542.5
50262.2
47604.0
49067.2
7406.0
8013.5
7883.9
7808.6
7715.7
7719.9
7790.1
7782.1
7922.2
8035.4
8172.4
80.5
90.3
5888.5
1346.7
56.9
292.0
6082.8
1581.8
50.5
330.3
6190.0
1313.1
50.6
237.4
6322.0
1198.7
52.8
198.2
6324.6
1140.0
53.3
156.1
6384.6
1125.9
54.8
185.3
6420.3
1129.7
57.5
161.5
6464.5
1098.6
56.6
163.6
6615.2
1086.8
56.1
229.9
6648.7
1100.7
53.2
304.8
6707.7
1106.7
3
4
5
6
4936.6
4865.2
5096.7
5192.1
5310.2
5252.9
5314.4
5288.3
5048.4
4987.9
4933.1
107.3
264.6
196.4
68.3
689.2
6.0
256.5
194.0
62.6
733.5
34.6
815.5
191.2
624.3
139.0
44.6
972.5
190.2
782.3
107.9
54.2
1157.2
189.6
967.6
148.9
63.0
1180.8
188.7
992.1
182.0
63.4
1115.9
187.9
928.0
219.0
67.9
1025.4
186.8
838.6
306.7
64.9
847.9
186.0
662.0
279.7
60.3
918.1
185.1
733.0
232.1
58.2
958.9
185.2
773.7
196.1
8
9
10
11
12
8
9
10
11
12
13
14
15
16
Municipal securities
Corporate and foreign bonds
Other loans and advances (2)
Mortgages
1725.4
2022.7
17.6
109.8
1766.7
1961.6
29.7
111.2
1896.5
2082.7
26.8
101.5
1930.0
2011.6
25.7
99.9
1934.0
1893.5
25.9
96.5
1916.5
1790.7
26.4
93.4
1957.9
1841.9
26.2
90.2
1959.3
1815.7
25.8
87.6
1928.1
1818.5
24.9
84.3
1902.1
1768.2
24.7
82.4
1879.4
1737.0
24.7
78.9
13
14
15
16
17
18
19
20
21
22
23
9636.8
4597.9
866.4
1076.8
13390.7
8951.2
712.2
5746.9
3327.2
742.7
1049.8
10408.5
7314.6
766.3
7408.7
4136.7
668.6
1109.2
11914.5
6428.9
787.1
7649.4
4296.9
680.0
1115.4
12291.0
6632.6
788.1
6918.7
3974.2
686.0
1098.5
11610.2
7004.3
798.4
7863.7
4299.6
696.8
1122.8
12331.9
6717.7
811.9
8663.1
4571.7
694.3
1137.2
13088.3
7162.7
830.6
9211.7
4916.7
703.3
1155.3
13483.5
7169.3
832.3
9008.2
4965.9
757.7
1167.8
13412.8
7145.0
834.1
7415.2
4343.3
804.9
1172.6
12466.6
7525.8
852.3
8140.2
4554.7
752.3
1190.6
13160.9
7298.7
864.1
17
18
19
20
21
22
23
24
25
Total liabilities
Credit market instruments
26
27
28
29
30
31
32
33
34
Security credit
Trade payables
Deferred and unpaid
life insurance premiums
14346.4
14229.7
14048.0
13930.5
13892.2
13874.7
13905.7
13835.8
13829.5
13768.3
13773.9
24
13782.4
13801.1
13570.2
13451.5
13386.4
13349.7
13328.6
13215.7
13208.4
13205.9
13222.9
25
10545.7
2555.3
250.7
10496.5
2594.1
258.7
10351.2
2478.9
264.6
10227.5
2406.1
265.7
10175.3
2387.5
263.5
10104.6
2407.8
260.8
10050.9
2434.7
262.3
9984.9
2401.9
261.9
9936.9
2424.3
260.7
9882.4
2466.7
256.1
9840.5
2521.0
254.4
26
27
28
99.7
127.0
204.0
117.7
133.2
200.9
147.8
133.7
194.0
226.4
134.3
191.5
237.5
134.7
187.9
256.3
135.8
184.3
263.2
136.1
181.4
251.0
136.4
179.6
271.7
136.9
177.9
286.8
137.8
176.1
294.8
138.0
174.1
29
30
31
325.5
214.5
164.8
236.7
203.0
252.7
196.4
258.0
217.0
263.3
233.7
268.7
278.2
274.1
315.7
279.1
312.8
282.6
251.9
286.0
238.5
288.2
32
33
23.9
27.0
22.1
24.6
25.5
22.6
24.7
25.2
25.6
24.4
24.3
34
(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 loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table L.218, line 24.
(5) 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.109, line 15.
66
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
17358.0
16630.8
16933.5
17076.6
17157.7
17416.3
17691.9
17945.3
18190.0
18294.3
18654.6
2
3
4
5
6
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
Security RPs
50.3
662.9
800.7
618.7
8.1
24.7
558.0
740.0
777.9
7.2
31.5
705.8
842.1
719.8
7.9
38.6
770.5
805.3
640.7
9.0
49.4
811.9
781.0
595.8
9.2
59.8
870.4
810.7
592.6
6.6
72.0
963.6
810.5
588.2
12.2
79.0
1020.9
860.9
568.1
12.8
84.2
1078.5
885.2
551.7
12.1
89.4
1136.9
912.4
529.7
11.4
94.0
1195.8
940.8
538.1
11.6
2
3
4
5
6
356.4
313.4
316.3
316.3
320.3
329.7
317.8
315.2
323.2
319.0
324.3
69.5
97.7
12.8
34.5
83.5
58.6
57.3
82.3
10.2
31.1
72.8
59.8
56.0
89.1
14.3
32.2
67.5
57.2
57.2
95.1
16.6
28.2
65.8
53.5
63.8
97.0
17.4
25.0
64.3
52.8
72.5
97.7
18.0
26.2
62.9
52.4
71.4
87.6
15.2
25.7
61.8
56.0
76.0
87.0
13.4
25.1
60.8
52.8
75.1
94.5
15.9
24.9
59.8
53.1
73.9
94.5
14.0
24.6
58.9
53.1
74.8
95.5
15.0
24.1
58.0
57.0
8
9
10
11
12
13
191.1
2778.7
11891.2
125.8
2603.7
11480.0
190.2
2546.8
11573.1
199.2
2592.4
11704.4
188.1
2684.8
11717.2
206.6
2718.2
11821.7
222.9
2665.9
12038.8
234.8
2751.9
12101.7
238.0
2850.2
12166.8
215.5
2886.2
12193.7
229.3
2845.9
12474.8
14
15
16
18315.2
19074.4
18641.9
18638.2
18623.3
18734.1
18824.3
18948.2
19041.3
19095.5
19219.8
17
8
9
10
11
12
13
14
15
16
17
18
2008
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Mortgages
Consumer credit
Mutual fund shares
Trade receivables
Miscellaneous assets
Total liabilities
10758.4
11417.6
11061.0
11048.8
11017.2
11075.0
11158.4
11260.9
11381.7
11498.6
11631.3
18
19
20
21
Commercial paper
Municipal securities
Corporate bonds
123.8
341.5
3557.9
131.5
409.7
3762.5
58.4
447.5
4139.7
73.6
456.4
4247.8
82.0
466.9
4305.7
97.9
470.3
4433.4
82.9
482.3
4560.3
110.5
485.4
4658.7
106.9
491.4
4771.6
124.7
490.3
4848.3
116.2
497.4
4936.3
19
20
21
22
23
24
1547.7
1575.8
3611.8
1722.2
1643.7
3748.0
1405.7
1394.4
3615.2
1347.6
1356.2
3567.2
1312.4
1343.1
3507.0
1291.6
1323.7
3458.0
1314.5
1304.8
3413.6
1328.6
1297.2
3380.6
1355.8
1311.6
3344.3
1395.2
1321.6
3318.6
1438.9
1338.9
3303.7
22
23
24
2272.8
135.3
5148.7
2053.4
145.1
5458.2
1975.8
135.6
5469.5
2019.5
147.2
5422.7
2037.4
140.0
5428.7
2085.5
142.0
5431.7
2116.8
133.8
5415.2
2163.3
152.0
5372.0
2233.2
141.9
5284.5
2289.7
148.2
5159.1
2347.3
143.9
5097.3
25
26
27
25
26
27
Trade payables
Taxes payable
Miscellaneous liabilities
(1) Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
67
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
13762.1
12937.7
13341.1
13544.1
13670.9
13962.5
14243.7
14496.8
14737.1
14830.3
15179.0
2
3
4
5
6
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
Security RPs
50.3
147.3
441.3
544.4
8.1
24.7
38.6
381.9
702.6
7.2
31.5
166.0
488.8
646.1
7.9
38.6
239.5
458.0
568.3
9.0
49.4
287.6
438.3
524.3
9.2
59.8
350.9
471.2
521.8
6.6
72.0
445.0
471.6
517.5
12.2
79.0
502.0
522.1
497.4
12.8
84.2
558.8
546.0
481.0
12.1
89.4
615.4
572.3
458.8
11.4
94.0
672.0
599.4
466.9
11.6
2
3
4
5
6
249.7
217.5
227.1
228.7
233.8
244.1
232.3
229.7
237.6
233.2
238.2
69.5
38.3
12.8
29.2
41.4
58.6
57.3
30.5
10.2
26.2
33.6
59.8
56.0
43.0
14.3
27.1
29.5
57.2
57.2
49.7
16.6
23.2
28.5
53.5
63.8
52.2
17.4
20.1
27.5
52.8
72.5
53.4
18.0
21.3
26.5
52.4
71.4
43.4
15.2
20.8
25.4
56.0
76.0
42.8
13.4
20.3
24.4
52.8
75.1
50.2
15.9
20.0
23.4
53.1
73.9
50.1
14.0
19.7
22.4
53.1
74.8
50.9
15.0
19.2
21.3
57.0
8
9
10
11
12
13
8
9
10
11
12
13
2008
Commercial paper
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Mortgages
Consumer credit
14
15
191.1
2253.0
125.8
2081.1
190.2
2050.5
199.2
2104.5
188.1
2203.3
206.6
2241.3
222.9
2189.8
234.8
2275.9
238.0
2373.8
215.5
2408.3
229.3
2366.2
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
9877.0
2892.9
299.9
0.7
81.5
6601.9
9358.3
3011.1
311.1
0.4
80.5
5955.2
9533.1
3294.0
310.2
0.5
71.2
5857.3
9698.2
3404.4
309.9
0.5
95.9
5887.6
9736.8
3471.6
312.8
0.4
94.6
5857.5
9860.1
3545.5
314.6
0.5
94.2
5905.3
10080.3
3585.2
313.2
0.6
91.5
6089.9
10143.1
3681.6
313.3
0.7
108.7
6038.8
10205.6
3815.2
319.1
0.6
113.2
5957.5
10226.1
3894.1
322.5
0.5
112.9
5896.0
10501.5
3950.4
318.5
0.5
113.0
6119.1
16
17
18
19
20
21
12916.0
13225.0
12898.3
12986.1
13037.2
13188.7
13278.7
13399.0
13479.0
13503.1
13596.7
22
22
Total liabilities
23
6933.6
7269.4
7052.9
7135.1
7170.1
7268.1
7355.1
7462.7
7583.4
7685.6
7800.0
23
24
25
26
Commercial paper
Municipal securities (2)
Corporate bonds (1)
123.8
341.5
3557.9
131.5
409.7
3762.5
58.4
447.5
4139.7
73.6
456.4
4247.8
82.0
466.9
4305.7
97.9
470.3
4433.4
82.9
482.3
4560.3
110.5
485.4
4658.7
106.9
491.4
4771.6
124.7
490.3
4848.3
116.2
497.4
4936.3
24
25
26
27
28
29
621.1
1360.5
928.8
676.1
1411.5
878.1
475.9
1173.4
757.9
474.9
1137.5
744.9
464.2
1125.3
726.0
460.1
1097.7
708.7
468.6
1074.8
686.2
476.3
1066.3
665.5
486.3
1086.4
640.7
500.8
1096.8
624.7
519.6
1110.6
619.9
27
28
29
1897.9
35.8
4048.6
1961.9
47.2
2039.5
1672.7
39.0
4243.9
2050.3
47.9
2145.7
1587.5
35.7
4222.2
2025.8
50.5
2146.0
1634.4
49.5
4167.2
2070.8
49.9
2046.4
1657.7
43.9
4165.6
2099.2
49.6
2016.8
1712.9
47.1
4160.7
2166.0
49.4
1945.2
1748.5
39.1
4136.0
2175.2
49.2
1911.6
1795.0
57.3
4084.1
2199.5
49.0
1835.6
1862.2
47.0
3986.4
2247.7
49.0
1689.7
1915.0
53.0
3849.6
2320.1
49.1
1480.4
1973.1
48.2
3775.5
2373.6
49.4
1352.5
30
31
32
33
34
35
355.1
15730.7
408.3
10016.6
463.0
12494.7
470.1
12914.3
545.6
11488.2
528.4
12905.4
441.2
14422.3
480.9
15339.3
511.6
15246.8
493.4
12867.3
393.1
14276.6
36
37
30
31
32
33
34
35
Trade payables
Taxes payable
Miscellaneous liabilities
Foreign direct investment in U.S.
Pension fund contributions payable
Other
Memo:
36
37
38
39
4828.1
2105.4
5050.3
2219.1
5345.2
1707.7
5449.1
1685.9
5498.6
1671.4
5612.4
1655.7
5728.8
1626.3
5809.6
1653.0
5903.7
1679.6
5963.3
1722.3
6053.6
1746.4
38
39
40
41
4039.2
1532.1
3930.8
1404.8
3330.9
1670.8
3369.8
1659.2
3373.0
1650.4
3415.7
1782.2
3413.9
1892.1
3505.3
2000.7
3588.8
2081.3
3690.2
2120.4
3767.7
2233.0
40
41
42
43
69.6
30.4
69.5
30.5
75.8
24.2
76.4
23.6
76.7
23.3
77.2
22.8
77.9
22.1
77.8
22.2
77.9
22.1
77.6
22.4
77.6
22.4
42
43
44
37.9
35.7
50.2
49.2
48.9
52.2
55.4
57.1
58.0
57.5
59.3
44
(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.
68
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
3595.9
3693.1
3592.4
3532.5
3486.9
3453.8
3448.3
3448.5
3452.9
3464.0
3475.6
2
3
4
515.6
359.3
74.3
519.4
358.1
75.4
539.8
353.3
73.7
531.0
347.3
72.5
524.3
342.8
71.5
519.5
339.4
70.8
518.6
338.9
70.7
518.9
338.8
70.7
519.7
339.2
70.8
521.6
340.2
71.0
523.8
341.4
71.2
2
3
4
106.7
95.8
89.1
87.6
86.5
85.6
85.5
85.5
85.6
85.8
86.1
59.3
5.3
42.1
0.0
51.8
4.9
39.1
0.0
46.1
5.1
37.9
0.0
45.4
5.0
37.3
0.0
44.8
4.9
36.8
0.0
44.3
4.9
36.4
0.0
44.3
4.9
36.4
0.0
44.3
4.9
36.3
0.0
44.3
4.9
36.4
0.0
44.4
4.9
36.5
0.0
44.6
4.9
36.6
0.0
6
7
8
9
525.6
2014.3
107.3
5.0
1902.0
522.7
2121.8
111.5
6.4
2003.9
496.3
2040.0
112.4
6.3
1921.3
487.9
2006.2
112.3
6.4
1887.5
481.5
1980.3
113.0
6.4
1860.8
476.8
1961.6
113.2
6.7
1841.7
476.1
1958.4
112.5
6.7
1839.2
476.0
1958.6
113.0
6.7
1839.0
476.4
1961.3
115.1
6.8
1839.3
477.9
1967.6
116.8
7.0
1843.9
479.7
1973.3
116.4
7.0
1849.9
10
11
12
13
14
5399.3
5849.4
5743.6
5652.1
5586.1
5545.4
5545.6
5549.1
5562.3
5592.4
5623.1
15
3824.9
4148.2
4008.1
3913.7
3847.1
3806.9
3803.3
3798.2
3798.3
3813.0
3831.3
16
926.5
215.3
2683.0
1046.1
232.2
2869.9
929.8
221.0
2857.3
872.7
218.7
2822.3
848.2
217.8
2781.1
831.6
226.1
2749.3
845.9
230.0
2727.4
852.3
230.9
2715.1
869.5
225.2
2703.6
894.4
224.8
2693.8
919.3
228.2
2683.8
17
18
19
374.9
99.5
1100.0
380.7
106.2
1214.3
388.3
99.9
1247.4
385.1
97.7
1255.5
379.7
96.1
1263.1
372.6
94.9
1271.0
368.3
94.7
1279.2
368.3
94.7
1287.9
371.0
94.8
1298.1
374.7
95.2
1309.5
374.2
95.6
1321.9
20
21
22
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
2008
Treasury securities
Municipal securities
Mortgages
Consumer credit
Trade receivables
Miscellaneous assets
Insurance receivables
Equity investment in GSEs (1)
Other
Total liabilities
Credit market instruments
Bank loans n.e.c.
Other loans and advances
Mortgages
Trade payables
Taxes payable
Miscellaneous liabilities
69
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Corporate equities
Mutual fund shares
Trade receivables
Taxes receivable
Miscellaneous assets
18
Total liabilities
19
20
21
22
23
24
Trade payables
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
2516.9
2423.3
2502.7
2592.1
2562.5
2585.4
2631.9
2604.2
2571.9
2525.3
2524.8
57.1
245.9
79.3
156.1
65.6
265.1
77.5
152.6
84.9
275.9
81.6
160.6
81.0
281.9
85.0
167.3
81.8
265.1
84.1
165.5
81.4
268.7
85.3
167.9
91.5
275.5
86.9
171.2
90.0
278.8
86.3
170.0
95.4
274.4
85.8
168.8
94.2
279.9
84.6
166.6
107.2
293.2
84.6
166.5
2
3
4
5
1466.9
184.3
525.1
444.0
5.5
140.7
167.3
1335.2
119.8
475.1
434.1
5.4
137.5
163.3
1298.5
65.3
493.9
417.0
5.7
144.8
171.8
1323.7
57.2
499.9
430.9
5.9
150.8
179.0
1312.9
54.9
504.8
420.9
5.9
149.2
177.1
1317.9
63.0
498.1
422.7
6.0
151.3
176.8
1339.3
72.2
503.6
427.0
6.1
154.3
176.1
1327.2
82.6
490.5
418.7
6.0
153.2
176.1
1302.4
86.0
473.0
410.3
6.0
152.2
174.9
1270.0
88.1
454.5
398.9
5.9
150.2
172.5
1254.9
93.0
444.6
388.8
5.9
150.1
172.4
6
7
8
9
10
11
12
108.0
32.8
159.9
237.5
-26.7
82.1
32.0
156.4
269.8
-13.0
117.7
33.7
164.6
280.9
4.3
114.7
35.1
171.5
281.8
50.1
106.0
29.7
169.7
286.9
60.8
107.6
30.2
172.1
295.5
58.8
109.9
30.9
175.4
298.0
53.2
109.1
30.7
174.2
303.5
34.3
108.3
30.4
173.0
308.2
25.3
106.7
30.0
170.7
300.4
22.1
106.7
30.0
170.7
307.5
3.6
13
14
15
16
17
3421.3
3480.4
3629.7
3662.2
3663.5
3676.6
3734.3
3724.3
3701.5
3700.5
3715.0
18
2867.8
2855.9
51.2
2804.7
11.9
2887.8
2875.0
55.9
2819.2
12.7
2999.3
2985.7
63.6
2922.1
13.5
3022.3
3008.6
63.7
2945.0
13.7
3014.0
3000.2
47.3
2952.9
13.8
3017.4
3003.5
52.0
2951.5
13.9
3065.5
3051.1
63.0
2988.1
14.4
3045.7
3031.2
60.1
2971.0
14.5
3013.0
2998.3
37.6
2960.7
14.7
3002.2
2987.2
48.0
2939.2
15.0
3006.8
2991.6
52.3
2939.3
15.3
19
20
21
22
23
553.5
592.7
630.4
639.9
649.5
659.1
668.8
678.6
688.5
698.4
708.2
24
(1) Data for employee retirement funds are shown in table L.119.
686.6
1268.2
1351.3
1380.5
1436.3
1519.4
1579.0
1402.6
1417.2
1342.9
1355.8
36.4
56.5
2.8
41.9
368.0
1.6
94.6
193.6
1.9
92.2
219.5
2.0
89.8
291.6
1.8
96.3
310.2
1.8
95.4
342.1
2.0
102.1
117.5
1.5
105.9
135.5
1.7
105.0
57.6
1.8
103.9
84.3
1.7
2
3
4
5
6
7
8
9
10
286.5
0.0
0.0
105.8
82.4
98.4
373.1
54.4
0.0
111.8
95.8
111.0
669.2
196.4
0.6
177.9
108.4
186.0
685.4
186.4
0.6
181.5
107.1
209.8
688.0
175.3
0.7
181.1
108.4
222.6
734.0
164.4
0.8
182.0
106.6
280.3
754.5
149.2
0.9
181.4
106.6
316.4
785.9
138.4
0.9
183.6
107.8
355.2
764.6
103.7
0.9
180.6
109.3
370.1
769.3
70.6
0.8
182.5
109.3
406.1
752.1
31.1
0.8
184.5
110.6
425.1
5
6
7
8
9
10
11
12
13
14
0.0
60.6
105.0
138.7
188.7
64.7
119.4
110.8
67.4
43.6
135.1
145.8
50.2
45.0
139.1
147.2
49.6
42.0
143.0
130.5
50.8
42.7
146.9
136.8
49.9
42.9
150.8
141.4
55.1
44.7
154.8
141.0
61.1
47.0
158.7
142.7
56.7
46.7
162.6
143.2
57.5
44.8
166.5
144.9
11
12
13
14
6537.4
7888.4
9405.9
9877.4
10235.4
10648.0
11095.7
11359.2
11366.5
11875.1
12282.3
15
7.7
2.2
27.4
7.5
2.2
26.6
55.4
5.2
26.2
53.6
5.2
26.2
52.2
5.2
26.2
55.0
5.2
25.9
54.4
5.2
25.9
56.0
5.2
25.9
56.5
5.2
25.9
55.2
5.2
25.9
54.2
5.2
25.9
16
17
18
15
Total liabilities
16
17
18
SDR allocations
SDR certificates
Treasury currency
19
20
21
22
23
24
5122.3
196.4
999.5
3903.3
23.1
0.0
6361.5
194.0
1861.2
4283.0
23.3
0.0
7805.4
191.2
1787.9
5802.8
23.5
0.0
8283.2
190.2
1838.0
6231.4
23.6
0.0
8627.7
189.6
1777.0
6637.2
23.9
0.0
9017.8
188.7
1783.7
7021.4
24.0
0.0
9385.6
187.9
1768.9
7404.7
24.2
0.0
9645.9
186.8
1694.7
7739.9
24.5
0.0
9738.6
186.0
1529.4
7998.7
24.5
0.0
10127.6
185.1
1475.6
8442.0
25.0
0.0
10453.6
185.2
1519.5
8723.7
25.3
0.0
19
20
21
22
23
24
25
26
27
28
29
Trade payables
Insurance reserves
Miscellaneous liabilities (3)
Nonmarketable securities held by pension plans
Other
238.2
45.4
1094.2
952.0
142.2
260.8
46.4
1183.5
1015.3
168.2
204.6
47.5
1261.6
1077.2
184.4
218.0
47.4
1243.8
1060.6
183.2
227.4
47.6
1249.1
1064.8
184.3
226.8
47.8
1269.6
1081.5
188.1
226.7
48.4
1349.4
1142.9
206.5
242.6
48.5
1335.1
1128.8
206.3
249.3
48.9
1242.0
1042.1
199.9
253.9
49.2
1358.1
1149.3
208.8
255.3
49.7
1438.3
1213.7
224.6
25
26
27
28
29
70
2
3
4
5
6
7
SDR allocations
Net interbank assets
U.S. checkable deposits and currency
U.S. time deposits
Money market fund shares
Security RPs (net)
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
15875.4
14994.5
15601.0
15830.8
16050.5
16435.3
17163.2
17612.0
17735.3
17940.5
18044.2
7.7
-56.9
306.1
207.6
46.0
338.4
7.5
362.9
370.1
273.1
69.7
114.9
55.4
69.0
361.0
230.0
76.9
31.0
53.6
19.6
363.9
221.6
75.8
-31.4
52.2
39.4
367.0
225.3
74.7
-123.1
55.0
-24.0
375.2
231.2
72.2
-118.6
54.4
10.2
390.5
247.7
69.8
-98.6
56.0
268.1
409.9
262.5
67.3
-40.8
56.5
184.0
425.7
261.1
64.8
-55.7
55.2
227.8
444.2
274.9
64.1
-107.4
54.2
201.5
466.2
272.6
63.3
-44.9
2
3
4
5
6
7
7272.6
7504.6
7724.2
7852.0
7960.2
8160.4
8375.8
8393.5
8390.6
8555.9
8591.3
278.1
232.9
191.5
194.1
187.4
192.6
192.3
199.3
195.1
199.5
190.7
10
11
12
Treasury securities
Official
Private
2376.4
1736.7
639.8
3253.0
2400.5
852.5
3671.4
2879.6
791.8
3852.9
2977.0
876.0
3966.7
3008.7
958.0
4216.4
3197.7
1018.7
4385.3
3320.7
1064.6
4422.3
3354.2
1068.1
4442.5
3433.8
1008.7
4597.6
3465.1
1132.6
4671.4
3440.8
1230.6
10
11
12
13
14
15
1582.4
954.3
628.0
1406.9
940.5
466.4
1154.8
749.0
405.9
1116.5
733.6
382.9
1128.0
755.3
372.7
1096.1
690.0
406.0
1077.3
669.2
408.1
1054.6
680.3
374.2
1033.1
681.0
352.2
1032.9
667.1
365.8
1021.4
657.3
364.1
13
14
15
16
17
18
Municipal securities
U.S. corporate bonds (1)
Loans to U.S. corporate business
45.1
2719.1
271.5
51.0
2353.5
207.3
58.7
2465.3
182.5
62.7
2440.1
185.6
66.8
2413.9
197.4
69.3
2423.0
163.1
71.7
2488.6
160.4
74.2
2480.8
162.3
76.7
2461.3
181.9
79.7
2451.3
195.0
82.7
2422.5
202.6
16
17
18
19
20
21
22
2812.2
373.5
83.6
0.0
1806.6
256.2
90.1
0.0
2477.2
363.6
96.7
0.0
2673.7
399.9
106.8
0.0
2343.2
396.4
114.4
0.0
2660.3
458.1
111.9
0.0
2926.1
513.8
116.1
0.0
3101.5
569.6
115.9
0.0
3217.6
599.8
117.8
0.0
2702.4
527.2
131.7
0.0
3026.4
556.8
132.4
0.0
19
20
21
22
23
24
25
Miscellaneous assets
Foreign direct investment in U.S. (2)
Other
4484.6
2345.9
2138.7
4138.7
2397.4
1741.3
4116.2
2441.7
1674.5
4095.3
2492.9
1602.4
4600.7
2528.7
2072.0
4453.6
2612.6
1841.0
4557.5
2658.9
1898.6
4408.5
2686.7
1721.8
4472.9
2742.9
1730.1
5064.7
2822.9
2241.8
4724.4
2884.0
1840.4
23
24
25
8542.3
8599.1
8790.5
8898.7
9580.7
9162.9
9728.9
9849.0
9958.1
10926.1
10447.8
26
26
Total liabilities
27
28
59.5
1340.9
66.6
946.7
119.7
840.6
116.5
841.7
113.5
879.5
122.1
887.9
121.4
912.3
128.3
957.7
132.8
941.7
131.3
933.5
129.6
896.1
27
28
29
2126.3
1708.8
2090.3
2113.0
2106.8
2136.0
2273.1
2325.9
2321.4
2272.0
2239.7
29
413.0
1587.1
342.0
1237.3
401.3
1570.3
387.5
1606.1
378.3
1606.0
378.0
1628.4
398.6
1737.3
428.2
1748.3
417.2
1751.8
352.4
1756.6
344.8
1728.8
30
31
102.8
1.9
30.2
70.8
23.1
0.3
107.9
2.6
33.0
72.4
21.6
0.0
96.8
3.2
27.9
65.8
21.9
0.0
97.2
3.0
30.4
63.8
22.2
0.0
100.6
3.3
33.1
64.3
22.0
0.0
107.7
3.5
34.1
70.0
22.0
0.0
115.1
4.3
39.7
71.2
22.1
0.0
127.1
4.2
45.7
77.1
22.2
0.0
130.5
3.2
49.1
78.2
21.9
0.0
140.9
3.1
53.0
84.8
22.1
0.0
144.3
2.6
51.0
90.7
21.8
0.0
32
33
34
35
36
37
73.1
0.0
63.2
0.0
70.6
0.0
79.7
0.0
84.0
0.0
92.3
0.0
98.4
0.0
95.1
0.0
80.4
0.0
74.5
0.0
65.8
0.0
38
39
4942.4
46.9
24.5
3553.1
1318.0
5813.9
48.3
554.2
3748.5
1462.8
5669.2
50.0
10.9
4067.5
1540.8
5747.8
50.4
0.7
4184.1
1512.6
6396.8
51.8
2.1
4260.2
2082.9
5924.5
52.1
0.9
4345.7
1525.8
6323.8
52.3
0.8
4429.4
1841.2
6342.1
52.9
0.7
4528.1
1760.4
6481.8
54.3
1.0
4673.1
1753.5
7514.8
54.7
1.6
4752.5
2706.0
7116.5
56.1
101.1
4819.8
2139.5
40
41
42
43
44
5248.0
2748.4
3995.3
4103.8
3624.9
4261.3
4485.6
4674.9
4661.8
3713.5
3862.9
45
30
31
Commercial paper
Bonds
32
33
34
35
36
37
38
39
Trade payables
Security debt
40
41
42
43
44
Miscellaneous liabilities
U.S. equity in IBRD, etc.
Nonofficial foreign currencies
U.S. direct investment abroad (1,2)
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).
71
1
2
3
4
5
6
7
8
9
10
11
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
29
30
31
32
33
34
35
36
37
38
39
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
63695.2
62199.1
63704.7
63342.4
61560.0
63081.5
64318.5
65822.0
66244.5
64218.1
65602.9
34.2
2.2
38.7
127.3
124.4
35.7
2.2
38.7
129.3
1475.9
36.2
5.2
42.7
97.1
1126.4
35.4
5.2
42.7
92.5
1115.6
34.7
5.2
43.2
92.5
1026.0
36.8
5.2
43.4
104.2
983.8
37.0
5.2
43.5
105.9
1019.6
37.2
5.2
43.8
107.5
1459.0
37.9
5.2
44.0
112.2
1650.6
37.4
5.2
44.1
86.7
1647.4
36.8
5.2
44.2
58.5
1622.7
2
3
4
5
6
350.0
461.1
942.5
1029.2
441.0
578.4
1250.3
963.0
411.6
776.4
1066.9
842.0
390.2
714.3
930.6
854.4
419.8
644.7
865.7
833.5
382.9
679.7
870.1
875.5
381.1
676.5
880.7
846.9
387.6
685.0
859.2
893.0
408.9
676.4
848.7
886.8
435.2
606.4
799.3
809.9
427.7
589.6
849.8
802.4
7
8
9
10
36556.6
38905.1
37961.0
37314.1
37075.3
37146.0
37251.3
37448.6
37670.2
37925.3
38278.6
11
1149.5
1835.4
4669.4
1637.6
6553.4
1183.4
2271.3
5527.5
1689.2
6560.6
790.0
2712.0
6185.2
1704.8
6739.2
727.9
2839.2
5798.7
1704.0
6787.8
667.7
2878.1
5770.8
1699.0
6835.1
659.5
3000.7
5734.9
1716.7
7015.7
658.0
3269.1
5710.4
1734.2
6982.3
705.4
3596.2
5716.9
1713.9
7027.1
660.5
3856.1
5735.1
1714.8
7073.0
582.7
4037.9
5836.5
1721.3
7156.3
552.5
4257.9
5908.8
1751.3
7182.0
12
13
14
15
16
2027.3
2210.4
14075.3
2398.3
2721.1
2362.7
14165.9
2423.3
1921.8
1794.3
13878.1
2235.7
1917.0
1695.1
13701.7
2142.8
1881.3
1639.7
13591.6
2112.1
1855.7
1612.1
13475.6
2075.1
1874.1
1582.6
13378.4
2062.3
1872.3
1541.1
13281.7
1993.9
1902.8
1522.4
13204.3
2001.1
1951.5
1503.0
13128.5
2007.4
2006.5
1508.0
13072.7
2038.9
17
18
19
20
13023.9
2633.8
7816.2
1694.1
10052.2
2237.4
10520.9
2363.9
9316.0
2175.8
10388.0
2407.2
11500.0
2595.2
12111.8
2720.1
12056.3
2736.3
10019.0
2416.8
10880.6
2585.2
21
22
197.1
660.0
182.2
385.8
144.2
422.6
139.9
428.8
140.8
460.1
141.2
476.9
135.6
520.5
138.0
554.8
139.3
566.1
136.2
576.0
134.2
560.1
23
24
124.7
7389.5
130.0
8171.1
132.8
8349.8
134.1
8259.9
137.2
8289.5
139.0
8401.3
141.1
8178.3
142.5
8228.8
143.4
8262.1
145.8
8527.5
148.3
8579.1
25
26
60527.2
59305.3
60131.2
59615.0
57917.3
59324.6
60454.2
61887.6
62224.7
60391.5
61656.1
27
88.6
1890.5
1281.5
1194.1
1139.4
1029.3
1091.6
1802.4
1917.9
1979.4
1913.5
28
1532.9
7606.7
3033.1
2159.8
2101.3
7940.9
3757.3
1270.3
2093.4
8316.3
3258.3
1452.4
2067.1
8347.2
2930.7
1461.3
2173.1
8242.7
2760.4
1324.0
2181.2
8376.6
2746.1
1290.6
2359.8
8432.4
2755.3
1227.4
2193.3
8553.3
2679.4
1258.5
2314.6
8714.0
2637.8
1220.8
2403.7
8724.0
2578.4
1067.2
2592.6
8805.6
2642.5
1108.2
29
30
31
32
16218.4
17119.8
15539.6
14764.7
14514.8
14344.9
14141.8
14064.6
13836.3
13721.0
13580.0
33
1251.8
7374.6
6291.0
1125.8
8143.4
6013.5
677.6
8083.3
5722.5
619.8
7633.4
5537.0
567.7
7637.6
5380.7
574.6
7594.1
5319.8
575.9
7574.0
5170.5
592.5
7624.3
5070.8
557.5
7553.3
4982.4
527.3
7560.0
4921.8
508.3
7535.8
4827.3
34
35
36
277.1
867.1
156.7
773.2
900.5
163.5
271.5
617.9
166.9
246.0
561.4
167.1
230.7
530.5
167.6
200.1
488.0
168.3
181.3
473.2
167.1
165.6
442.5
168.9
144.8
424.8
173.5
128.6
408.7
174.5
128.4
405.9
174.3
37
38
39
7829.0
45.8
1200.9
5435.3
21.2
963.6
6961.6
70.1
888.2
7295.0
62.2
912.4
6764.2
52.0
929.1
7401.8
55.1
940.0
7934.5
18.1
936.6
8471.9
18.5
942.3
8570.5
19.3
1011.0
7532.8
16.4
1128.9
7955.9
14.2
1073.9
40
41
42
40
41
42
43
44
1156.1
13390.7
1133.4
10408.5
1194.5
11914.5
1202.1
12291.0
1188.1
11610.2
1214.1
12331.9
1229.9
13088.3
1249.3
13483.5
1262.3
13412.8
1269.2
12466.6
1289.3
13160.9
43
44
45
46
Taxes payable
Miscellaneous liabilities
32.4
6232.7
-101.1
7364.4
-95.0
7255.8
-97.7
7184.8
-96.3
7315.7
-88.1
7501.1
-82.0
7320.4
-73.7
7244.3
-75.3
7382.6
-79.6
7583.4
-71.8
7591.3
45
46
4602.2
11.6
2875.4
9.5
3633.2
12.1
3990.8
14.2
3620.4
14.0
3903.7
13.0
4341.1
13.8
4575.1
13.4
4542.8
13.1
3719.2
11.7
4071.9
10.4
47
48
Memo:
47
48
72
2008
2363.4
2327.7
2453.2
2656.8
2891.6
2876.7
2947.2
34.7
5.2
43.2
36.8
5.2
43.4
37.0
5.2
43.5
37.2
5.2
43.8
37.9
5.2
44.0
37.4
5.2
44.1
36.8
5.2
44.2
2
3
4
-2.1
-1.6
-1.9
-1.6
-1.4
-1.4
-0.9
-0.8
-0.6
96.6
96.6
0.0
11.5
11.5
0.0
0.7
0.7
0.0
0.3
0.3
0.0
0.2
0.2
0.0
0.1
0.1
0.0
0.1
0.1
0.0
0.1
0.1
0.0
0.2
0.2
0.0
6
7
8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
986.0
1987.7
2151.8
2187.3
2150.3
2259.2
2479.2
2700.4
2686.1
2635.6
10
0.0
475.9
19.7
0.0
776.6
1068.3
0.0
776.7
1237.7
0.0
777.0
1282.9
0.0
811.7
1232.6
0.0
1021.5
1139.6
0.0
1340.4
1069.7
0.0
1619.5
1025.6
0.0
1664.7
979.2
0.0
1663.4
941.7
11
12
13
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
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
137.4
47.2
0.0
0.0
29.3
25.4
15.3
17.3
2.9
127.5
42.5
0.0
0.0
29.3
24.7
14.7
16.3
0.0
106.0
29.7
0.0
0.0
28.2
18.9
14.1
15.1
0.0
98.1
24.7
0.0
0.0
25.8
20.0
13.5
14.1
0.0
69.1
19.2
0.0
0.0
24.1
0.0
12.8
12.9
0.0
55.3
12.8
0.0
0.0
21.6
0.0
8.6
12.3
0.0
42.3
11.3
0.0
0.0
13.0
0.0
7.2
10.9
0.0
30.5
9.0
0.0
0.0
4.9
0.0
6.8
9.8
0.0
14
15
16
17
18
19
20
21
22
0.0
40.5
24.0
16.5
0.0
569.8
553.7
16.1
25.1
75.9
10.3
65.6
25.4
68.2
0.0
68.2
25.7
68.6
1.2
67.3
26.1
67.2
0.1
67.1
26.4
83.1
0.1
83.0
0.0
92.8
0.0
92.8
0.0
105.0
0.0
105.0
0.0
104.6
0.5
104.1
0.0
225.8
99.8
126.0
23
24
25
26
932.8
2249.6
2241.6
2312.7
2333.9
2297.4
2426.7
2630.5
2865.1
2850.7
2920.3
27
-1.5
559.7
544.0
15.7
Security RPs
46.5
80.0
740.6
0.0
740.6
0.0
27
Total liabilities
Q4
35.4
5.2
42.7
-0.0
Q3
2338.7
48.6
48.6
0.0
23
24
25
26
Q2
36.2
5.2
42.7
Q1
2267.2
14
15
16
17
18
19
20
21
22
Q4
35.7
2.2
38.7
6
7
8
Q3
2270.6
2011
Q2
34.2
2.2
38.7
11
12
13
2010
Q1
951.3
2
3
4
10
2009
28
29
20.8
55.0
860.0
57.7
977.0
54.9
1053.9
51.8
973.5
53.8
934.6
50.5
968.1
52.7
1407.0
53.3
1595.9
55.4
1597.5
50.6
1562.3
60.8
28
29
30
792.1
1220.3
1102.7
1120.5
1207.8
1218.8
1287.8
1078.7
1116.4
1090.8
1165.6
30
16.4
0.3
16.1
0.0
365.7
0.3
106.1
259.3
191.9
0.2
186.6
5.0
216.7
0.2
91.5
125.0
287.8
0.2
87.6
200.0
308.1
0.2
107.9
200.0
340.9
0.2
140.8
200.0
116.4
0.2
111.2
5.0
135.3
0.1
130.1
5.0
56.4
0.1
56.3
0.0
85.9
0.1
85.7
0.0
31
32
33
34
0.1
1.7
773.9
1.4
21.1
832.2
2.4
35.1
873.3
1.7
19.3
882.8
1.2
27.4
891.3
2.5
4.0
904.2
3.4
13.5
930.0
0.1
10.2
952.0
0.4
7.3
973.5
2.6
44.8
987.0
0.2
64.6
1015.0
35
36
37
31
32
33
34
35
36
37
38
Security RPs
44.0
88.4
77.7
57.8
67.2
63.8
59.7
62.2
70.3
84.1
99.9
38
39
40
41
Miscellaneous liabilities
Federal Reserve Bank stock
Other
21.0
18.5
2.5
23.1
21.1
2.1
29.2
25.6
3.6
28.7
26.3
2.5
31.6
26.6
5.0
29.7
26.7
3.0
58.4
26.5
31.9
29.3
26.3
3.0
27.0
26.5
0.5
27.7
26.0
1.7
31.7
26.9
4.8
39
40
41
(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) Loans extended to domestic banks through term auction credit, primary credit, secondary credit, and seasonal credit.
(3) Loans extended to domestic banks through the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
(4) Loans extended to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF).
(5) Loans extended through the Federal Reserves Primary Dealer Credit Facility (PDCF) and the AMLF.
(6) 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.
(7) 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.
(8) Loan extended by the Federal Reserve to Maiden Lane III LLC to purchase CDOs on which AIG has written credit default swap contracts.
(9) Loan extended by the Federal Reserve to Commercial Paper Funding Facility LLC.
(10) 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.
(11) Reciprocal currency arrangements (swap lines) with foreign central banks.
73
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
8840.8
10247.7
10044.6
10255.7
10152.4
10088.2
10076.5
10094.5
10262.4
10349.3
10499.6
72.2
635.1
679.5
684.0
651.6
588.5
588.4
708.1
872.9
781.4
803.5
7883.7
8382.9
8306.2
8549.5
8437.3
8467.3
8505.8
8398.9
8401.4
8513.5
8694.2
4
5
6
7
8
9
10
11
0.0
73.0
928.9
592.8
0.0
142.8
0.0
193.3
15.7
53.4
1068.7
744.9
0.0
157.1
0.0
166.7
0.0
117.7
1224.0
744.3
3.5
217.0
3.9
255.2
0.0
181.6
1219.3
707.2
3.6
261.7
3.6
243.3
0.0
181.2
1213.1
670.8
3.4
285.8
3.4
249.7
0.0
220.2
1259.8
700.6
3.4
312.2
3.5
240.1
0.0
211.6
1310.8
729.6
3.3
334.3
3.6
240.0
0.0
210.0
1341.9
739.3
3.7
353.3
4.7
240.9
0.0
177.7
1340.0
728.8
4.3
380.9
5.2
220.8
0.0
187.0
1360.0
744.6
6.7
400.2
9.2
199.3
0.0
169.6
1415.2
796.4
7.5
398.6
12.9
199.8
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
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
190.9
572.4
48.2
0.0
223.7
0.0
300.5
214.1
542.0
23.8
0.0
222.2
0.0
296.0
215.1
582.6
13.8
17.7
170.5
25.9
354.7
216.2
523.2
11.8
17.0
140.7
25.5
328.2
218.4
499.5
5.0
12.0
128.1
24.8
329.6
226.4
499.3
4.7
11.4
117.4
24.5
341.3
243.5
474.9
4.4
11.3
106.0
24.6
328.7
249.0
461.1
11.0
9.1
98.9
20.0
322.2
256.2
456.2
5.1
9.2
92.8
19.9
329.2
272.8
476.2
4.2
9.3
91.0
24.8
347.0
285.9
484.1
2.9
8.9
90.2
26.9
355.2
12
13
14
15
16
17
18
19
20
21
22
1532.9
3564.6
804.1
145.9
1670.8
3754.7
878.6
158.6
1338.4
3738.6
855.3
158.0
1340.2
3681.9
1149.2
160.0
1332.3
3634.1
1133.7
164.5
1328.6
3603.0
1115.2
144.1
1350.7
3580.1
1098.7
152.3
1354.6
3482.3
1058.9
152.1
1390.6
3455.0
1072.3
163.2
1443.0
3448.8
1073.8
186.9
1509.7
3462.2
1100.6
189.8
19
20
21
22
23
24
Corporate equities
Mutual fund shares
41.5
29.6
6.7
19.6
30.3
46.1
34.7
43.2
21.8
38.7
29.5
41.2
38.2
45.0
42.0
47.1
45.1
45.0
28.4
36.6
35.4
41.7
23
24
104.3
0.0
780.5
110.7
0.0
1118.9
111.5
0.0
947.4
112.1
0.0
910.2
112.8
0.0
950.7
114.4
0.0
918.0
116.0
0.0
866.4
117.3
0.0
870.1
118.4
0.0
869.7
119.3
0.0
935.1
120.8
0.0
881.1
25
26
27
8434.3
9818.3
9786.5
9949.0
9947.3
9955.0
9882.5
9930.5
10054.9
10180.2
10305.6
28
25
26
27
28
29
30
31
32
33
502.0
-0.0
48.6
-24.9
478.3
1291.0
-1.5
559.7
88.5
644.4
672.2
-2.1
96.6
27.4
550.3
441.5
-1.6
11.5
-26.4
458.0
442.9
-1.9
0.7
-1.5
445.7
422.7
-1.6
0.3
-29.4
453.3
420.9
-1.4
0.2
-39.2
461.3
431.8
-1.4
0.1
-14.2
447.3
259.7
-0.9
0.1
-99.4
359.9
167.6
-0.8
0.1
-89.0
257.3
71.9
-0.6
0.2
-100.1
172.4
29
30
31
32
33
34
35
36
37
Checkable deposits
Federal government
Rest of the world
Private domestic
560.2
42.9
31.7
485.5
700.9
3.5
62.9
634.6
781.9
3.8
34.3
743.8
735.4
4.1
35.3
696.0
754.7
3.2
37.1
714.4
750.1
3.6
32.1
714.3
852.2
3.6
30.4
818.1
887.5
3.6
41.9
841.9
971.3
3.7
41.4
926.2
1062.8
3.0
45.6
1014.3
1166.2
1.0
50.0
1115.2
34
35
36
37
38
39
40
4025.9
991.1
611.4
4566.2
1015.6
352.4
4949.1
841.7
624.0
5056.5
789.9
667.3
5047.9
770.5
603.7
5128.1
749.9
538.6
5225.9
691.6
409.5
5303.9
663.0
393.0
5469.5
656.6
375.6
5629.6
631.5
333.0
5760.9
638.0
315.6
38
39
40
41
42
43
44
0.0
174.4
455.2
11.1
0.0
182.4
526.3
-74.6
0.0
174.1
402.0
-67.5
132.5
417.3
357.0
-73.6
135.8
415.0
327.6
-64.6
129.2
421.7
289.0
-64.8
112.9
434.1
277.9
-60.6
109.2
431.3
256.4
-56.4
109.0
430.5
243.7
-51.2
109.9
427.2
228.7
-47.9
120.6
413.3
235.0
-50.5
41
42
43
44
45
46
47
Miscellaneous liabilities
Investment by bank holding companies
Other
1103.1
1197.8
-94.7
1258.1
1244.4
13.6
1409.2
1413.5
-4.4
1425.2
1408.5
16.7
1513.7
1431.6
82.1
1590.5
1452.4
138.1
1518.2
1366.8
151.4
1510.8
1358.8
152.0
1590.3
1399.6
190.6
1637.7
1428.9
208.9
1634.6
1426.3
208.2
45
46
47
7666.8
11.2
8197.9
9.5
8071.7
6.9
8311.6
7.5
8212.3
6.4
8252.6
6.1
8270.4
6.2
8157.7
6.1
8148.1
6.1
8261.6
6.2
8427.3
6.0
48
49
Memo:
48
49
74
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
1048.0
1624.8
1267.5
1306.7
1367.8
1493.0
1336.8
1668.0
1793.1
2078.8
1999.4
1.0
239.0
284.1
331.4
299.1
315.0
350.8
640.8
677.5
762.5
711.0
1151.4
1126.1
839.5
839.5
839.2
980.7
837.2
844.6
863.6
941.6
916.6
0.0
30.4
57.1
0.0
369.5
0.0
35.5
50.6
0.0
401.6
0.0
57.5
31.3
0.0
244.9
0.0
58.0
30.8
0.0
236.6
0.0
54.7
30.0
0.0
252.4
0.0
67.5
29.5
0.0
362.5
0.0
60.9
26.5
0.0
233.9
0.0
66.1
31.4
0.0
220.6
0.0
63.6
30.6
0.0
229.5
0.0
58.1
32.2
0.0
255.7
0.0
60.5
30.6
0.0
234.5
4
5
6
7
8
9
10
11
466.8
39.0
188.6
531.9
44.2
62.3
406.5
37.8
61.6
403.9
37.9
72.3
387.3
36.2
78.6
386.7
35.3
99.2
390.4
35.4
90.1
405.7
33.8
86.9
416.7
33.0
90.1
424.7
33.7
137.2
426.6
32.8
131.7
9
10
11
12
Corporate equities
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.0
0.0
0.0
12
0.5
-104.9
0.0
259.7
0.0
143.9
0.0
135.8
0.0
229.5
0.0
197.2
0.0
148.7
0.0
182.6
0.0
252.0
0.0
374.8
0.0
371.8
13
14
1067.5
1639.6
1283.7
1322.5
1383.3
1510.4
1354.1
1688.9
1813.6
2100.8
2021.3
15
-404.1
-424.6
20.5
-163.7
-179.9
16.2
-322.5
-356.2
33.7
-257.5
-305.5
48.0
-251.1
-307.4
56.3
-305.9
-359.0
53.1
-274.4
-315.4
41.0
-16.7
-57.4
40.6
42.4
10.4
32.1
203.8
166.3
37.4
219.1
191.2
27.9
16
17
18
4
5
6
7
8
13
14
15
16
17
18
19
20
21
Checkable deposits
Small time and savings deposits
Large time deposits
11.8
25.5
907.9
13.5
25.6
784.7
16.1
29.9
958.6
16.4
30.2
904.7
16.4
31.6
836.6
18.5
50.8
886.5
21.9
35.7
909.0
20.7
42.6
937.1
23.2
47.4
945.4
38.2
50.9
804.6
45.6
48.9
736.6
19
20
21
22
23
226.3
0.5
130.0
0.0
170.3
0.0
195.3
0.0
216.1
0.0
231.7
0.0
223.2
0.0
224.4
0.0
212.7
0.0
265.6
0.0
273.4
0.0
22
23
24
25
26
27
Miscellaneous liabilities
Foreign direct investment in U.S.
Due to affiliates
Other
299.6
94.2
241.0
-35.6
849.4
71.7
276.6
501.1
431.3
104.9
203.1
123.2
433.4
108.3
189.2
135.9
533.8
110.6
150.4
272.8
628.8
113.1
177.1
338.6
438.7
111.3
171.6
155.9
480.7
115.2
188.9
176.6
542.4
118.6
173.4
250.3
737.6
125.0
140.1
472.5
697.7
131.6
137.8
428.3
24
25
26
27
963.3
1063.8
778.0
767.2
760.5
881.5
747.1
757.6
773.4
804.4
784.9
28
Memo:
28
(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) Included in other loans and advances (table L.216).
(3) Total bank credit (line 3) less security credit (line 11) less corporate equities (line 12) plus customers liability on acceptances (line 13).
75
1
2
3
4
5
6
7
8
9
10
11
12
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
1882.8
2078.7
2876.9
2852.8
2874.8
2972.4
2838.8
2890.5
2898.9
2904.0
2895.1
59.1
73.0
75.8
79.1
63.0
108.1
97.9
105.7
105.3
110.5
100.7
7.1
9.9
35.9
6.3
3.1
25.8
35.8
8.2
5.8
24.3
31.1
14.6
5.8
22.6
33.6
17.1
5.0
22.1
17.4
18.5
17.2
30.1
42.2
18.6
19.6
21.1
38.3
18.9
16.1
22.2
40.5
26.9
9.0
31.5
40.6
24.2
20.4
43.2
22.0
24.8
26.8
33.1
18.3
22.6
3
4
5
6
20.5
1803.2
1197.8
344.4
261.0
19.3
1986.4
1244.4
386.4
355.5
21.4
2779.7
1413.5
909.0
457.2
22.0
2751.7
1408.5
907.6
435.7
24.3
2787.4
1431.6
910.6
445.3
24.7
2839.6
1452.4
936.6
450.6
25.1
2715.8
1366.8
893.4
455.5
25.1
2759.7
1358.8
900.2
500.7
25.0
2768.6
1399.6
855.4
513.6
26.5
2767.1
1428.9
829.1
509.1
27.6
2766.8
1426.3
841.8
498.7
7
8
9
10
11
876.7
985.4
1489.8
1469.5
1445.4
1505.8
1436.0
1453.1
1439.1
1406.6
1390.9
12
-85.1
25.5
-110.6
-154.6
-53.0
-101.5
-100.0
25.0
-125.1
-95.6
37.3
-132.9
-79.7
19.2
-98.9
-72.6
45.7
-118.3
-75.7
60.0
-135.6
-73.0
48.9
-121.9
-35.7
150.6
-186.2
-40.1
155.8
-195.9
-0.6
161.5
-162.1
13
14
15
0.8
0.4
-47.7
-51.4
-59.0
-67.3
-49.5
-57.6
-60.4
-51.5
-49.3
16
13
14
15
16
17
18
19
632.7
116.7
516.0
716.6
77.7
638.9
1089.5
60.8
1028.7
1070.7
74.0
996.7
1041.1
63.7
977.3
1092.2
64.4
1027.8
1046.9
64.7
982.2
1058.0
73.6
984.4
1011.3
76.9
934.3
984.4
71.7
912.7
964.0
75.9
888.2
17
18
19
20
Miscellaneous liabilities
328.3
422.9
548.0
545.8
543.0
553.6
514.2
525.6
523.9
513.8
476.6
20
107.5
105.2
98.8
95.1
90.9
86.6
83.2
82.6
81.5
85.2
80.4
2.6
3.2
4.2
3.9
5.4
5.3
3.3
4.1
4.4
4.9
4.6
92.8
90.9
88.1
83.8
72.2
69.3
68.9
67.6
65.2
63.7
64.0
Treasury securities
Agency- and GSE-backed securities
Municipal securities
Corporate and foreign bonds
1.8
26.3
2.0
0.5
1.2
24.4
2.5
0.5
0.5
20.5
3.5
2.0
0.9
18.4
3.1
1.4
1.3
16.2
2.0
0.5
1.1
13.0
2.7
0.5
1.1
12.8
2.5
0.6
1.1
6.9
2.8
5.9
1.6
6.0
2.5
5.2
0.9
5.4
2.8
4.5
1.0
4.8
3.4
4.2
4
5
6
7
21.4
21.5
19.3
19.7
22.9
19.7
19.4
22.6
19.6
18.4
22.3
19.3
15.7
20.8
15.7
15.9
20.5
15.6
16.1
20.1
15.7
16.0
18.8
16.1
16.0
18.2
15.7
16.6
17.9
15.4
17.1
17.8
15.6
8
9
10
12.1
11.1
6.5
7.5
13.3
12.1
11.0
10.9
11.9
16.7
11.8
11
94.4
91.0
90.0
86.9
82.1
78.0
75.2
74.7
73.6
76.5
72.1
12
4
5
6
7
8
9
10
11
12
Miscellaneous assets
Total liabilities
13
14
15
Checkable deposits
Small time and savings deposits
Large time deposits
15.7
26.3
26.3
14.6
27.4
27.4
16.1
24.5
24.5
16.2
24.2
24.2
16.7
19.6
19.6
16.9
19.8
19.8
16.6
19.3
19.3
17.1
19.4
19.4
18.1
19.2
19.2
18.0
19.2
19.2
19.4
18.9
18.9
13
14
15
16
Miscellaneous liabilities
26.2
21.7
25.0
22.2
26.1
21.6
20.0
18.8
17.2
20.2
14.8
16
(1) Commercial banks and branches of U.S.-chartered commercial banks located in Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam, and other U.S.-affiliated insular areas.
76
2
3
4
5
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
1815.0
1523.5
1253.7
1262.2
1244.8
1244.3
1244.1
1250.0
1228.1
1240.4
1238.6
2.6
20.0
9.9
45.6
39.0
8.7
8.3
34.7
45.5
4.5
15.3
12.0
55.3
0.8
19.1
9.5
49.9
5.2
18.2
7.8
46.4
7.7
17.7
7.0
44.8
2.2
15.3
5.4
56.6
3.6
21.1
4.5
50.8
4.9
19.1
5.5
62.5
1.6
22.4
6.8
62.5
0.1
21.2
7.7
2
3
4
5
1596.1
1320.0
1070.4
1073.0
1061.7
1067.2
1081.0
1064.8
1049.3
1048.4
1049.4
7
8
9
10
11
12
13
14
0.0
7.0
177.4
104.2
0.0
31.3
0.0
41.8
0.0
3.0
173.8
106.1
0.0
36.9
0.0
30.8
0.0
6.8
193.4
93.2
0.0
47.0
0.0
53.2
0.0
7.1
202.6
95.0
0.0
50.9
0.0
56.7
0.0
6.7
199.8
95.5
0.0
47.2
0.0
56.9
0.0
6.0
203.8
98.0
0.0
52.1
0.0
53.6
0.0
5.9
216.4
105.7
0.0
59.2
0.0
51.5
0.0
6.0
219.9
101.0
0.1
64.5
0.0
54.2
0.0
5.6
219.6
98.3
0.5
69.2
0.3
51.2
0.0
4.7
216.6
100.0
0.6
72.0
0.3
43.7
0.0
4.2
218.2
102.4
0.7
74.9
0.5
39.8
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
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
11.0
142.2
6.5
0.0
105.2
0.0
30.4
7.8
108.5
5.2
0.0
63.4
0.0
39.9
9.2
84.5
2.5
0.1
32.4
0.1
49.4
9.6
81.1
2.6
0.1
30.1
0.1
48.2
10.1
80.9
2.5
0.1
29.8
0.1
48.4
10.2
76.1
2.2
0.1
27.4
0.1
46.2
11.1
73.9
2.1
0.1
26.3
0.1
45.3
10.9
70.9
1.9
0.0
24.9
0.1
43.9
11.1
68.9
1.7
0.0
24.0
0.1
43.2
11.1
68.4
1.6
0.0
22.7
0.1
43.9
11.2
67.8
0.6
0.0
20.3
0.5
46.5
15
16
17
18
19
20
21
22
23
24
73.7
1094.0
90.8
80.1
860.6
86.3
65.6
633.3
77.5
65.3
629.3
78.0
64.4
619.3
80.6
71.1
617.8
82.1
72.0
614.8
86.8
72.2
600.2
84.7
65.8
590.9
87.4
69.0
589.4
89.3
69.7
586.2
92.0
22
23
24
25.3
115.5
22.7
90.0
22.2
83.8
21.8
82.7
21.7
80.4
19.5
78.9
19.7
75.8
21.9
77.6
21.8
76.7
20.2
78.4
21.5
76.2
25
26
1649.2
1395.7
1124.4
1126.7
1107.0
1105.9
1105.4
1109.0
1086.2
1098.3
1094.2
27
1104.6
79.4
638.1
387.1
948.6
76.6
578.5
293.5
895.3
89.7
667.9
137.7
905.6
90.1
674.8
140.7
899.3
89.2
665.9
144.2
901.5
88.4
661.9
151.3
909.2
88.9
662.7
157.6
927.9
90.5
676.2
161.2
912.5
88.5
661.2
162.9
926.1
91.7
663.7
170.7
932.3
93.4
663.4
175.6
28
29
30
31
17.6
17.6
53.6
53.9
50.2
49.2
47.6
38.2
37.0
35.4
34.7
32
25
26
27
Corporate equities
Miscellaneous assets
Total liabilities
28
29
30
31
Deposits
Checkable
Small time and savings
Large time
32
Security RPs
33
34
35
36
423.3
10.4
62.0
350.9
356.1
2.4
75.0
278.7
152.3
2.3
11.0
139.1
143.3
3.2
11.3
128.8
136.2
3.0
8.8
124.4
133.8
2.8
10.9
120.2
127.4
2.7
9.8
114.9
121.0
2.2
11.2
107.6
116.2
2.2
11.5
102.5
113.2
2.2
11.0
100.0
103.4
2.4
11.0
90.0
33
34
35
36
37
38
39
40
Taxes payable
Miscellaneous liabilities
Investment by parent
Other
1.3
102.4
10.9
91.5
1.0
72.3
13.4
58.9
1.3
21.8
24.0
-2.2
1.6
22.4
24.0
-1.6
1.1
20.3
23.7
-3.4
1.0
20.5
24.3
-3.8
1.0
20.2
23.0
-2.8
1.5
20.5
23.2
-2.8
0.9
19.6
22.7
-3.1
1.0
22.7
22.4
0.3
1.3
22.5
21.7
0.8
37
38
39
40
(1) State-chartered savings banks, federal savings banks, cooperative banks, and savings and loan associations.
77
2
3
4
5
7
8
9
10
11
12
13
14
15
16
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
758.7
812.4
882.7
895.7
901.9
905.7
912.0
937.0
940.2
948.9
960.7
0.0
43.3
17.0
2.5
4.7
37.6
28.3
-2.3
22.8
39.1
37.8
0.1
35.0
37.2
41.0
0.1
26.7
39.9
42.6
0.1
35.2
36.8
43.1
0.0
36.9
32.8
43.4
0.0
54.7
28.2
44.3
0.0
50.2
29.8
44.7
18.8
41.8
44.8
44.6
10.9
46.1
45.0
45.6
14.4
2
3
4
5
657.9
697.9
731.0
737.3
750.2
741.1
755.5
765.4
774.3
781.6
795.0
0.4
10.4
68.4
34.6
0.0
8.8
82.9
25.7
0.0
14.2
110.8
18.6
0.0
15.9
123.5
18.5
0.0
17.2
133.6
18.4
0.0
10.8
136.3
11.5
0.0
20.0
151.6
3.7
0.0
21.8
166.6
3.7
0.0
21.9
170.9
3.8
0.0
22.5
173.4
3.6
0.0
24.2
180.4
4.1
7
8
9
10
26.9
281.5
235.7
29.6
314.7
236.2
32.3
317.9
237.2
31.3
320.1
228.0
32.5
322.6
225.8
33.2
324.4
224.9
33.1
320.8
226.5
31.5
323.5
218.1
32.9
324.0
220.9
34.3
323.8
223.9
32.8
330.4
223.0
11
12
13
2.1
35.9
2.0
44.2
1.3
50.6
1.6
43.5
1.6
40.8
1.6
47.9
1.5
41.9
1.7
42.8
1.8
20.5
1.8
23.4
1.8
13.0
14
15
688.2
742.7
815.3
827.2
832.0
834.8
840.9
864.6
864.8
872.0
882.7
16
17
18
19
20
Shares/deposits
Checkable
Small time and savings
Large time
652.3
73.7
508.7
69.9
697.4
75.3
551.7
70.4
769.4
86.9
655.1
27.3
790.4
88.5
673.7
28.2
795.0
88.2
678.4
28.4
797.2
88.5
679.3
29.4
803.8
92.4
681.3
30.1
829.3
98.7
699.4
31.2
829.8
97.1
701.4
31.3
836.8
102.1
702.3
32.4
846.7
102.5
710.7
33.6
17
18
19
20
21
22
32.3
3.6
40.6
4.7
26.5
19.4
25.4
11.4
25.0
12.0
25.2
12.4
26.1
11.0
23.7
11.6
22.8
12.2
23.7
11.5
24.1
11.9
21
22
2
3
4
6
7
8
9
10
11
1385.8
1305.5
1384.5
1385.5
1368.7
1394.3
1404.4
1414.2
1411.6
1382.0
1397.6
42.7
20.7
3.6
27.9
32.8
4.4
27.6
29.6
4.5
28.3
25.3
8.3
37.1
24.6
6.1
39.3
27.9
5.9
32.6
25.6
3.8
33.8
27.7
3.5
35.6
26.1
2.3
25.7
23.6
2.0
21.9
24.1
1.8
2
3
4
869.3
853.4
886.7
886.8
887.2
892.2
890.6
895.7
890.8
891.0
884.6
13.3
71.3
125.8
19.1
65.6
114.3
9.8
88.5
116.2
11.1
87.1
116.1
10.4
87.7
116.0
11.8
90.4
115.9
7.9
91.7
115.8
8.5
93.3
116.2
8.0
92.0
115.7
5.3
90.9
116.3
5.4
90.5
115.4
6
7
8
Municipal securities
Corporate and foreign bonds
Commercial mortgages
371.3
282.9
4.8
381.9
267.5
5.0
369.4
298.3
4.4
364.0
304.2
4.3
358.7
310.2
4.2
353.5
316.4
4.2
348.4
322.6
4.1
349.7
323.8
4.1
348.2
322.5
4.3
349.9
324.1
4.6
347.1
321.5
4.7
9
10
11
12
13
Corporate equities
Mutual fund shares
236.2
6.8
193.3
4.4
219.8
5.3
216.7
5.4
193.4
5.0
204.8
5.4
219.2
5.7
222.7
5.8
220.2
5.8
203.4
5.2
226.8
5.5
12
13
14
15
Trade receivables
Miscellaneous assets
85.4
121.1
86.7
102.6
83.0
128.0
84.8
129.9
86.7
128.6
87.1
131.8
83.8
143.1
84.4
140.6
88.2
142.6
88.7
142.5
86.7
146.3
14
15
818.6
792.3
817.4
819.0
821.5
829.4
836.0
838.4
844.9
845.7
837.0
16
0.5
7.0
811.1
2.4
-21.1
811.0
0.6
-15.8
832.6
0.5
-12.6
831.2
0.6
-19.1
839.9
0.5
-15.7
844.6
1.5
-10.1
844.6
0.6
-7.9
845.8
0.6
-13.1
857.4
0.5
-19.4
864.6
0.4
-14.1
850.7
17
18
19
16
17
18
19
Total liabilities
Security RPs
Taxes payable (net)
Miscellaneous liabilities
78
2
3
4
6
7
8
9
10
11
12
13
14
Corporate equities
Mutual fund shares
15
Miscellaneous assets
16
Total liabilities
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
4949.7
4515.5
4823.9
4914.0
4872.1
5048.1
5176.3
5276.4
5320.2
5232.6
5342.3
58.3
21.6
2.7
82.8
39.2
8.0
50.7
33.7
10.2
47.7
29.8
11.3
57.8
26.5
11.0
59.5
23.6
11.0
51.7
21.0
10.9
47.3
19.7
9.7
48.7
17.9
8.8
58.9
17.0
10.8
55.0
16.5
10.7
2
3
4
2871.2
2882.8
3022.6
3042.6
3083.7
3134.3
3174.2
3215.3
3243.5
3298.8
3327.3
41.7
70.6
382.9
38.3
105.7
366.2
49.8
133.5
371.9
35.7
138.6
372.8
39.3
144.2
373.8
46.0
150.2
374.8
40.9
156.6
376.0
39.9
153.6
386.1
38.0
154.1
389.7
42.1
162.8
395.0
40.9
161.9
398.9
6
7
8
41.4
1862.6
145.8
326.2
47.1
1817.0
166.1
342.4
73.1
1927.2
140.9
326.1
81.3
1952.8
140.0
321.4
90.5
1978.0
140.1
317.9
100.8
2003.5
140.8
318.2
112.3
2030.2
140.7
317.5
115.1
2062.1
140.1
318.4
116.1
2080.5
141.9
323.1
117.7
2109.3
142.7
329.2
118.9
2130.4
143.1
333.2
9
10
11
12
1464.6
188.4
1001.7
121.0
1208.5
140.8
1275.8
144.8
1169.4
134.3
1286.6
144.1
1402.6
155.7
1484.8
158.7
1487.8
158.5
1355.6
142.9
1459.3
147.3
13
14
342.9
380.1
357.6
361.9
389.4
389.0
360.3
341.0
355.0
348.7
326.2
15
4661.7
4266.5
4532.5
4611.0
4567.5
4723.5
4850.8
4957.6
4985.0
4897.3
5006.3
16
17
18
19
20
Security RPs
Other loans and advances
Life insurance reserves
Pension fund reserves (1)
20.2
28.7
1156.1
2450.8
12.9
54.9
1133.4
2184.6
12.4
48.3
1194.5
2323.0
9.2
45.6
1202.1
2371.5
9.8
45.6
1188.1
2305.3
11.0
45.3
1214.1
2406.1
10.3
45.1
1229.9
2504.7
9.5
45.5
1249.3
2565.6
10.0
46.2
1262.3
2586.6
9.7
46.4
1269.2
2513.1
10.4
46.9
1289.3
2568.0
17
18
19
20
21
22
-4.7
1010.6
-24.4
905.0
-31.4
985.6
-30.0
1012.6
-30.6
1049.3
-27.7
1074.7
-28.8
1089.8
-27.9
1115.5
-29.1
1109.1
-30.3
1089.2
-23.6
1115.4
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).
6410.6
4552.7
5471.0
5708.6
5315.9
5728.5
6097.8
6327.1
6332.3
5717.9
6080.8
11.8
67.7
93.5
25.8
12.3
67.9
95.7
33.1
16.4
72.7
96.4
36.2
18.9
73.7
96.4
36.3
21.9
74.9
96.4
31.3
24.6
75.7
96.3
36.8
28.0
77.1
96.3
37.1
31.3
78.0
96.2
37.3
34.6
79.0
96.2
33.0
37.5
80.2
96.1
34.0
40.5
81.5
96.1
33.5
2
3
4
5
860.8
951.4
1063.0
1090.0
1114.3
1138.7
1171.0
1190.7
1217.2
1245.0
1272.9
26.9
169.5
296.8
37.2
184.9
318.1
26.7
310.7
269.1
21.7
341.6
259.6
18.2
407.4
210.9
17.1
466.9
170.2
15.0
486.7
170.9
14.8
500.0
165.4
14.4
521.9
163.4
13.8
545.3
160.7
13.2
567.8
157.7
7
8
9
357.4
10.2
400.1
11.1
442.9
13.6
452.5
14.6
462.1
15.7
469.2
15.2
483.5
15.0
496.3
14.2
504.1
13.4
512.7
12.5
520.9
13.2
10
11
2673.3
2110.6
1599.7
1366.0
1835.7
1817.3
1918.2
1929.6
1673.9
1784.0
1832.6
1980.2
2012.4
2126.6
2100.1
2234.5
2063.3
2254.9
1714.3
2007.1
1877.9
2141.7
12
13
2
3
4
5
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
567.1
431.3
47.2
88.6
426.5
317.6
47.9
61.0
533.3
412.8
50.5
70.0
545.5
429.9
49.9
65.7
519.2
408.0
49.6
61.6
543.5
433.8
49.4
60.4
549.4
457.5
49.2
42.8
559.1
471.7
49.0
38.4
554.1
471.0
49.0
34.1
503.7
420.9
49.1
33.7
536.8
450.8
49.4
36.6
14
15
16
17
18
6444.8
4588.0
5507.4
5745.0
5352.4
5765.0
6134.3
6363.6
6368.8
5754.4
6117.3
18
(1) Private defined benefit plans and defined contribution plans (including 401(k) type plans).
(2) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.
(3) Equal to the value of nonfinancial and financial assets. These liabilities are assets of the household sector.
79
2
3
4
5
7
8
9
10
11
12
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
3198.8
2324.5
2673.7
2771.7
2554.4
2726.8
2931.5
3034.2
3013.2
2661.1
2847.0
17.9
0.7
12.4
21.7
17.8
0.7
14.3
23.5
17.7
0.7
14.3
23.5
17.8
0.7
14.4
23.6
17.5
0.7
14.2
23.2
17.2
0.7
13.9
22.8
17.3
0.7
13.9
22.8
18.1
0.7
14.7
24.0
17.9
0.7
14.5
23.7
18.6
0.8
15.0
24.6
18.6
0.8
15.0
24.6
2
3
4
5
820.3
833.5
824.7
823.7
819.3
815.8
816.5
825.0
820.5
835.6
832.5
38.4
141.6
331.1
25.9
146.4
337.5
24.0
174.5
306.9
24.1
179.1
301.0
22.7
182.0
292.3
22.3
185.5
285.1
22.4
185.6
285.2
23.5
187.9
288.7
23.2
186.9
287.2
24.1
189.0
290.4
24.1
188.3
289.3
7
8
9
Municipal securities
Corporate and foreign bonds
Mortgages
2.4
297.0
9.7
1.4
312.9
9.4
1.5
308.6
9.3
1.5
308.7
9.4
1.5
311.5
9.3
1.6
311.9
9.4
1.6
312.4
9.4
1.6
314.1
9.2
1.6
312.4
9.2
1.5
321.2
9.3
1.5
320.0
9.3
10
11
12
2013.7
296.4
1237.9
181.1
1549.8
226.7
1636.0
239.3
1450.8
212.2
1604.6
234.8
1782.5
260.8
1861.9
272.4
1848.2
270.4
1525.4
223.2
1690.1
247.3
13
14
15.7
15.7
16.2
16.3
16.5
16.9
17.0
17.3
17.3
18.0
18.2
15
3297.9
2414.7
2759.8
2856.7
2641.4
2815.4
3024.0
3131.3
3116.3
2771.4
2965.8
16
13
14
Corporate equities
Mutual fund shares
15
Miscellaneous assets
16
2008
(1) Equal to the value of nonfinancial and financial assets. These liabilities are assets of the household sector.
1197.2
1221.2
1324.4
1317.7
1311.0
1345.5
1425.3
1423.1
1341.1
1427.6
1509.7
96.1
120.3
127.7
129.4
133.6
138.3
138.7
142.2
146.1
154.2
158.0
88.0
5.0
3.0
112.3
5.1
2.9
119.1
5.6
3.0
120.6
5.8
3.0
124.5
6.0
3.1
128.2
6.6
3.5
129.2
6.3
3.2
132.9
6.2
3.1
136.3
6.5
3.2
144.0
6.8
3.4
147.2
7.1
3.7
3
4
5
149.1
952.0
85.6
1015.3
119.4
1077.2
127.8
1060.6
112.6
1064.8
125.6
1081.5
143.7
1142.9
152.1
1128.8
152.9
1042.1
124.1
1149.3
138.0
1213.7
6
7
1197.2
1221.2
1324.4
1317.7
1311.0
1345.5
1425.3
1423.1
1341.1
1427.6
1509.7
(1) Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and nonmarketable government securities held by federal government retirement funds.
(2) 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.
(3) Liabilities of the sector are assets of the household sector.
80
2
3
4
5
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Security RPs
7
8
9
10
11
12
13
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
3033.1
3757.3
3258.3
2930.7
2760.4
2746.1
2755.3
2679.4
2637.8
2578.4
2642.5
127.3
1.9
270.6
605.9
129.3
7.5
355.2
542.4
97.1
17.9
573.2
479.9
92.5
5.3
510.8
438.9
92.5
7.7
436.2
462.6
104.2
15.5
473.9
493.3
105.9
14.2
468.0
479.4
107.5
14.0
469.9
439.2
112.2
20.7
462.3
457.6
86.7
18.8
397.8
479.7
58.5
19.1
380.1
484.0
2
3
4
5
1936.4
2675.0
2031.0
1828.5
1703.3
1599.5
1621.0
1583.7
1521.0
1527.2
1628.2
674.6
178.1
235.9
471.0
376.8
618.5
577.7
756.2
494.6
228.0
510.5
406.4
543.0
401.3
169.9
445.6
371.5
465.5
370.0
176.0
382.9
348.9
450.4
352.0
169.1
382.8
308.1
414.8
333.0
160.8
394.2
335.4
402.8
334.4
154.2
398.1
337.7
373.4
320.7
153.7
361.1
341.5
359.4
305.8
153.2
349.5
373.5
384.1
292.0
128.1
355.1
443.3
403.7
296.5
129.6
7
8
9
10
11
90.9
47.9
59.1
54.8
58.1
59.8
66.9
65.2
64.0
68.3
72.7
12
3033.1
3757.3
3258.3
2930.7
2760.4
2746.1
2755.3
2679.4
2637.8
2578.4
2642.5
13
8471.9
8570.5
7532.8
7955.9
(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance sector (table L.117).
Security RPs
4
5
6
7
8
9
10
11
12
7829.0
5435.3
6961.6
7295.0
6764.2
7401.8
7934.5
132.2
124.7
153.3
150.1
127.6
134.9
137.5
218.5
221.8
126.7
115.1
2203.1
2276.4
2657.2
2784.9
2834.3
2971.1
3031.4
3160.9
3267.8
3317.9
3453.0
114.1
179.2
565.4
372.2
889.9
82.4
51.6
187.9
592.7
389.6
959.9
94.8
80.2
255.5
639.1
480.2
1126.8
75.4
77.4
269.9
684.3
501.5
1178.1
73.7
55.9
278.3
710.7
514.2
1200.9
74.3
63.3
294.3
760.8
532.8
1244.0
75.9
66.3
297.4
791.1
526.6
1275.4
74.6
144.0
298.2
793.4
515.1
1321.6
88.6
147.2
306.4
819.1
520.1
1378.0
97.0
55.7
329.1
890.3
526.9
1419.9
96.0
45.7
349.8
955.3
542.8
1463.4
96.0
4
5
6
7
8
9
5476.9
16.8
3014.1
20.0
4136.2
14.9
4351.8
8.3
3799.5
2.8
4299.9
-4.1
4762.7
2.9
5087.0
5.5
5067.4
13.4
4073.8
14.4
4373.5
14.4
10
11
7829.0
5435.3
6961.6
7295.0
6764.2
7401.8
7934.5
8471.9
8570.5
7532.8
7955.9
12
(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance sector (table L.117).
315.8
201.2
225.5
230.0
221.1
233.3
239.5
245.3
246.2
235.7
237.1
170.9
5.6
91.3
74.0
144.9
129.9
3.2
77.9
48.7
71.3
139.5
4.3
81.2
54.0
86.0
142.5
5.0
81.9
55.6
87.6
140.6
4.8
82.2
53.6
80.5
142.8
4.9
82.6
55.3
90.6
144.4
5.1
81.3
58.1
95.1
146.6
5.2
80.7
60.7
98.7
147.2
5.2
82.0
60.1
99.0
142.4
4.8
80.1
57.5
93.3
143.3
4.7
82.4
56.2
93.8
2
3
4
5
6
315.8
201.2
225.5
230.0
221.1
233.3
239.5
245.3
246.2
235.7
237.1
607.7
530.9
772.9
800.5
767.1
874.9
986.5
1046.9
1068.2
943.1
1034.9
34.0
19.7
0.6
13.8
573.7
57.0
27.0
2.3
27.7
473.9
102.9
41.7
5.9
55.3
669.9
113.2
46.3
6.5
60.4
687.2
124.6
51.9
7.3
65.5
642.5
133.4
51.7
7.8
73.9
741.5
132.6
51.0
7.6
74.0
853.9
138.0
52.8
7.5
77.8
908.9
148.9
56.7
7.7
84.5
919.3
160.4
61.1
7.8
91.4
782.8
171.4
62.4
8.6
100.4
863.5
9
10
11
12
13
607.7
530.9
772.9
800.5
767.1
874.9
986.5
1046.9
1068.2
943.1
1034.9
14
Exchange-traded funds
8
9
10
11
12
13
14
81
2
3
4
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
3174.3
3407.9
3047.3
7003.5
6900.8
6764.6
6721.1
6687.1
6562.0
6520.1
6466.9
13.7
46.6
142.7
88.3
68.5
114.5
99.4
25.7
122.1
99.0
21.2
176.4
99.1
23.7
163.8
47.3
22.1
163.8
63.4
26.1
150.0
70.4
23.7
156.3
62.3
23.1
115.1
63.7
11.7
114.3
62.4
13.4
110.4
2
3
4
2829.5
3037.5
2699.7
6577.4
6494.1
6385.1
6333.1
6327.9
6252.4
6176.5
6133.7
27.7
15.5
702.9
6.8
16.8
910.0
9.7
21.9
924.5
8.6
60.1
417.0
10.4
72.2
387.7
8.6
69.5
375.1
9.9
55.2
377.0
9.5
58.5
373.9
9.3
63.3
368.2
9.2
68.5
368.1
6.5
75.2
364.6
6
7
8
9
10
Municipal securities
Corporate and foreign bonds
33.3
464.4
31.3
386.6
29.1
310.8
28.0
324.8
27.2
313.0
26.2
308.3
24.9
293.9
23.8
284.7
22.9
270.0
22.0
264.3
21.4
258.0
9
10
11
12
13
14
942.6
0.0
75.5
867.1
980.7
0.0
80.3
900.5
695.9
0.0
80.0
615.9
634.5
0.0
77.7
556.8
599.1
0.0
76.5
522.6
561.6
0.0
81.9
479.7
551.3
0.0
87.3
464.0
522.8
0.0
89.6
433.2
500.2
0.0
85.1
415.1
479.8
0.0
81.0
398.9
479.8
0.0
83.8
396.0
11
12
13
14
15
16
17
18
19
20
21
22
23
Mortgages
Home
Consolidated trusts (2)
Other
Multifamily residential
Consolidated trusts (2)
Other
Farm
Consumer credit (3)
643.1
447.9
0.0
447.9
147.7
0.0
147.7
47.6
0.0
705.3
456.6
0.0
456.6
190.2
0.0
190.2
58.5
0.0
707.7
445.4
0.0
445.4
204.4
0.0
204.4
57.9
0.0
5104.4
4795.6
4386.4
409.2
249.7
58.9
190.8
59.1
0.0
5084.4
4774.8
4238.7
536.1
249.2
60.0
189.2
60.4
0.0
5035.8
4722.8
4177.2
545.6
251.3
63.0
188.3
61.6
0.0
5021.0
4701.5
4141.0
560.5
256.5
75.4
181.1
63.0
0.0
5054.6
4735.8
4170.5
565.3
256.1
81.4
174.7
62.7
0.0
5018.4
4701.4
4146.4
555.0
254.6
87.3
167.3
62.4
0.0
4964.6
4646.2
4085.3
561.0
256.4
92.6
163.7
62.0
0.0
4928.2
4608.4
4047.6
560.8
258.3
99.9
158.4
61.5
0.0
15
16
17
18
19
20
21
22
23
6
7
8
24
25
Miscellaneous assets
Total liabilities
26
27
28
29
30
31
Miscellaneous liabilities
141.7
99.1
100.3
129.5
120.1
146.4
148.6
108.8
109.2
154.0
147.0
24
3081.3
3390.2
2977.0
6875.6
6762.9
6635.4
6589.1
6577.8
6455.0
6413.5
6371.7
25
2910.2
2910.2
0.0
2910.2
0.0
3181.9
3181.9
0.0
3181.9
0.0
2706.6
2706.6
0.0
2706.6
0.0
6653.3
6653.3
4445.3
2207.9
0.0
6591.1
6591.1
4298.7
2292.4
0.0
6498.1
6498.1
4240.3
2257.8
0.0
6434.5
6434.5
4216.4
2218.1
0.0
6437.3
6437.3
4251.8
2185.5
0.0
6317.3
6317.3
4233.7
2083.6
0.0
6282.7
6282.7
4177.9
2104.8
0.0
6233.7
6233.7
4147.5
2086.3
0.0
26
27
28
29
30
171.1
208.2
270.4
222.3
171.8
137.3
154.6
140.5
137.7
130.7
138.0
31
(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.125) 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.
4464.4
4961.4
5376.7
980.2
1046.5
1096.0
1139.5
1187.0
1236.0
1277.3
1302.1
2
3
4
5
4371.8
88.1
0.0
4.5
4864.0
92.8
0.0
4.7
5266.5
105.7
0.0
4.5
920.7
56.1
0.0
3.3
982.5
60.1
0.0
3.8
1028.5
63.7
0.0
3.8
1068.8
66.9
0.0
3.8
1112.5
71.3
0.0
3.2
1155.7
77.1
0.0
3.2
1194.5
81.1
0.0
1.7
1216.9
83.5
0.0
1.7
2
3
4
5
4464.4
4961.4
5376.7
980.2
1046.5
1096.0
1139.5
1187.0
1236.0
1277.3
1302.1
(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.124). 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.
82
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
14
15
16
Consumer credit
Trade credit
Total liabilities
Commercial paper
Corporate bonds (net) (3)
Memo:
Securitized assets not included above
Consumer leases (4)
REIT assets (5)
Securitized liabilities not included above
Commercial paper (6)
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
4541.5
4133.8
3290.2
2693.8
2561.5
2446.9
2337.0
2249.3
2191.1
2125.4
2067.0
85.8
376.5
341.9
72.2
349.5
379.8
53.9
120.3
252.2
49.7
85.3
229.6
46.2
48.7
219.1
42.6
24.3
214.3
40.1
13.4
201.0
35.9
11.0
180.6
36.3
10.0
190.3
31.4
9.0
188.6
29.2
8.0
188.4
2
3
4
2942.0
2184.4
124.0
633.6
2590.4
1872.5
113.2
604.7
2224.7
1554.0
107.4
563.3
2123.4
1463.5
106.5
553.5
2048.7
1402.2
104.8
541.8
1975.0
1343.1
102.7
529.2
1898.9
1281.9
98.7
518.3
1845.9
1227.6
98.0
520.2
1784.6
1178.9
95.4
510.3
1732.8
1132.6
93.5
506.6
1677.1
1087.9
91.1
498.1
5
6
7
8
683.7
111.7
646.4
95.5
577.9
61.3
150.7
55.1
144.8
54.1
136.6
54.2
131.7
51.8
122.4
53.6
118.7
51.1
116.1
47.5
116.9
47.5
9
10
4544.7
4136.5
3292.6
2696.1
2563.6
2449.0
2339.0
2251.2
2192.9
2127.2
2068.8
11
643.1
3901.5
559.3
3577.3
293.1
2999.5
126.4
2569.6
112.2
2451.5
119.4
2329.6
120.2
2218.8
128.3
2123.0
116.2
2076.8
108.5
2018.7
95.8
1973.0
12
13
3.1
92.1
2.7
45.4
2.3
20.1
2.3
23.5
2.2
22.5
2.1
21.9
2.0
20.5
2.0
21.2
1.9
20.9
1.8
21.8
1.7
21.6
14
15
0.0
0.0
0.0
132.5
135.8
129.2
112.9
109.2
109.0
109.9
120.6
16
(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.128.
(6) Included in table L.110 line 41.
2
3
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
1911.2
1851.7
1662.5
1665.8
1642.9
1613.4
1590.0
1581.1
1555.9
1562.9
1548.4
16.2
48.6
16.5
49.4
17.0
51.0
15.9
47.6
16.1
48.4
15.5
46.6
15.3
45.9
15.7
47.2
15.8
47.4
16.3
48.9
15.7
47.2
2
3
1828.2
1755.9
1532.6
1556.9
1526.1
1504.8
1482.8
1464.6
1435.3
1434.1
1427.2
189.4
523.0
531.9
584.1
192.4
539.9
447.9
575.8
198.6
448.9
397.4
487.8
185.6
447.5
386.9
536.9
188.7
439.2
371.1
527.2
181.6
445.7
361.2
516.3
179.0
441.0
344.2
518.6
184.1
439.7
331.0
509.8
184.9
429.1
319.5
501.8
190.5
428.1
311.2
504.3
183.8
433.8
303.2
506.3
5
6
7
8
18.2
30.0
61.9
45.3
52.2
46.5
46.0
53.5
57.3
63.6
58.3
1949.6
1880.5
1630.3
1631.7
1599.0
1558.0
1536.7
1512.4
1487.2
1498.8
1484.1
10
1279.6
1200.3
1044.1
1048.1
1017.7
974.9
962.1
949.6
917.4
918.1
918.0
11
123.5
974.1
182.0
0.0
100.9
924.5
174.9
0.0
62.1
837.5
144.5
0.0
64.0
858.2
125.9
0.0
63.1
834.6
120.0
0.0
56.8
823.0
95.0
0.0
63.8
818.7
79.6
0.0
65.4
796.0
88.2
0.0
61.0
781.3
75.2
0.0
57.3
794.6
66.2
0.0
61.6
777.4
79.0
0.0
12
13
14
15
15.5
654.4
68.6
321.4
264.4
15.4
664.8
78.1
313.0
273.7
12.7
573.6
75.0
280.5
218.1
12.6
571.0
75.3
277.3
218.3
12.6
568.7
75.7
273.5
219.4
12.8
570.4
77.3
272.5
220.6
12.9
561.7
83.6
264.6
213.5
12.8
550.0
84.7
257.5
207.7
12.8
556.9
87.6
268.1
201.3
13.3
567.4
87.1
267.4
212.9
12.9
553.2
88.9
267.7
196.7
16
17
18
19
20
122.9
111.1
85.4
80.7
77.2
74.8
72.7
73.3
73.8
74.9
77.9
21
83
4
5
6
7
8
9
Mortgages
Home
Multifamily residential
Commercial
10
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
318.5
250.6
241.2
246.9
258.4
276.1
283.0
346.6
391.0
418.5
415.0
16.6
18.4
26.3
25.2
26.0
24.6
23.5
29.0
25.8
29.3
30.0
246.5
177.6
168.9
173.1
177.8
192.7
206.0
258.0
301.9
324.2
320.7
88.9
34.4
89.6
11.7
105.1
15.5
109.1
17.5
114.7
18.1
128.7
20.1
143.3
20.8
190.7
24.6
216.9
26.2
239.1
27.1
237.0
27.0
4
5
123.1
80.7
5.2
37.3
76.3
34.3
4.3
37.7
48.3
12.6
2.3
33.4
46.4
11.0
2.1
33.3
45.0
8.9
2.1
34.0
43.9
8.7
2.0
33.2
41.9
8.9
1.9
31.2
42.7
9.0
1.8
31.9
58.8
22.6
1.8
34.5
58.0
24.0
1.7
32.4
56.7
23.0
1.7
32.0
6
7
8
9
55.4
54.6
46.1
48.6
54.5
58.8
53.5
59.6
63.3
65.0
64.3
10
11
Total liabilities
580.5
511.6
458.8
472.4
479.6
494.9
501.7
557.4
605.3
638.3
634.8
11
12
Security RPs
91.7
79.4
90.4
88.9
94.4
102.0
120.5
160.9
187.1
210.8
210.0
12
13
421.2
367.4
317.4
318.5
316.4
325.3
315.2
326.4
345.3
351.8
346.3
13
0.0
231.3
33.2
156.7
0.0
171.0
32.8
163.5
0.0
129.8
20.7
166.9
0.0
132.9
18.5
167.1
0.0
131.8
17.0
167.6
0.0
139.1
17.9
168.3
0.0
129.7
18.5
167.1
0.0
141.3
16.2
168.9
0.0
156.2
15.6
173.5
0.0
156.9
20.4
174.5
0.0
155.0
17.0
174.3
14
15
16
17
67.6
64.9
51.1
65.0
68.9
67.6
66.0
70.1
72.9
75.6
78.5
18
92.1
0.0
72.4
0.4
19.3
45.4
0.0
31.8
0.4
13.2
20.1
0.0
6.1
0.4
13.7
23.5
0.0
7.4
0.4
15.7
22.5
0.0
7.4
0.4
14.7
21.9
0.0
7.2
0.4
14.3
20.5
0.0
7.2
0.4
13.0
21.2
0.0
7.3
0.4
13.5
20.9
0.0
7.4
0.3
13.1
21.8
0.0
8.6
0.3
12.8
21.6
0.0
8.5
0.3
12.7
19
20
21
22
23
14
15
16
17
18
19
20
21
22
23
Miscellaneous assets
2008
84
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
3092.0
2217.2
2084.2
2092.0
1977.9
2025.7
2075.1
2101.8
2128.3
1980.6
1953.5
105.0
120.1
90.7
90.2
86.1
89.5
96.9
92.1
108.4
115.3
114.8
3
4
5
6
7
8
9
803.1
87.1
-60.0
290.2
50.1
382.8
52.8
717.4
65.7
190.6
242.6
38.7
123.8
55.9
525.3
41.5
123.0
110.9
35.4
154.4
60.1
544.9
38.5
123.6
127.5
40.3
162.8
52.1
529.1
33.1
87.1
161.9
35.0
161.9
50.1
539.7
34.2
73.8
173.5
39.2
170.3
48.7
557.5
36.2
94.5
149.8
40.0
189.5
47.4
556.8
39.6
78.5
153.2
37.0
201.5
46.9
549.6
42.2
56.6
174.7
40.6
188.8
46.7
511.2
40.4
79.3
166.7
36.6
141.9
46.2
567.2
42.1
187.8
147.8
31.5
111.9
46.2
3
4
5
6
7
8
9
224.8
325.5
1633.7
109.2
164.8
1105.7
124.2
203.0
1141.0
112.4
196.4
1148.1
98.4
217.0
1047.3
100.6
233.7
1062.2
117.2
278.2
1025.3
131.7
315.7
1005.5
131.3
312.8
1026.2
97.8
251.9
1004.5
100.9
238.5
932.0
10
11
12
3019.4
2158.1
1987.8
1989.7
1875.1
1935.8
1990.2
2014.1
2043.2
1905.2
1891.6
13
1147.3
586.9
470.9
440.0
340.9
361.1
404.7
427.1
387.9
179.5
213.1
14
64.8
64.8
0.0
142.6
97.1
45.5
92.9
92.9
0.0
92.3
92.3
0.0
100.9
100.9
0.0
96.1
96.1
0.0
129.7
129.7
0.0
128.2
128.2
0.0
110.1
110.1
0.0
99.2
99.2
0.0
91.8
91.8
0.0
15
16
17
45.8
1200.9
866.4
145.9
188.6
2.2
21.2
963.6
742.7
158.6
62.3
2.5
70.1
888.2
668.6
158.0
61.6
5.7
62.2
912.4
680.0
160.0
72.3
4.4
52.0
929.1
686.0
164.5
78.6
4.4
55.1
940.0
696.8
144.1
99.2
6.4
18.1
936.6
694.3
152.3
90.1
3.6
18.5
942.3
703.3
152.1
86.9
4.2
19.3
1011.0
757.7
163.2
90.1
4.3
16.4
1128.9
804.9
186.9
137.2
3.7
14.2
1073.9
752.3
189.8
131.7
2.1
18
19
20
21
22
23
558.4
62.6
560.4
-64.6
441.4
72.1
626.1
-256.8
460.1
74.5
1158.5
-773.0
478.5
75.7
1181.5
-778.6
447.8
76.9
1175.8
-804.8
477.1
87.7
1214.2
-824.9
497.5
103.0
1142.8
-748.2
493.7
104.7
1182.2
-793.1
510.6
108.6
1150.1
-748.1
477.5
112.6
1133.0
-768.1
496.5
115.9
1158.2
-777.6
24
25
26
27
10
11
12
13
2008
Corporate equities
Security credit
Miscellaneous assets
Total liabilities
14
15
16
17
18
19
20
21
22
23
Trade payables
Security credit
Customer credit balances (HH)
From U.S.-chartered commercial banks
From foreign banking offices in U.S.
Taxes payable
24
25
26
27
Miscellaneous liabilities
Foreign direct investment in U.S.
Due to affiliates
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).
1861.7
2869.6
2415.5
2299.6
2241.2
2241.7
2277.0
2171.2
2143.2
2138.6
2181.1
2
3
794.3
0.0
1068.3
0.0
893.0
0.1
764.8
0.1
704.1
0.1
708.4
0.1
724.0
0.1
700.9
0.1
694.1
0.1
647.6
0.1
698.2
0.1
2
3
316.0
1007.7
770.9
797.6
846.0
799.0
846.8
762.8
735.9
795.3
780.1
125.2
170.0
20.8
304.6
667.3
35.9
37.8
710.2
22.9
65.2
711.4
21.0
94.8
730.4
20.8
73.4
704.9
20.8
65.2
760.1
21.4
27.6
716.5
18.7
17.1
700.4
18.4
42.6
734.5
18.3
19.5
742.4
18.2
5
6
7
0.0
751.5
241.0
510.5
0.0
793.5
276.6
516.9
25.1
726.3
203.1
523.2
25.4
711.7
189.2
522.5
25.7
665.2
150.4
514.8
26.1
708.0
177.1
531.0
26.4
679.8
171.6
508.2
0.0
707.4
188.9
518.5
0.0
713.1
173.4
539.7
0.0
695.5
140.1
555.4
0.0
702.6
137.8
564.8
8
9
10
11
1861.7
2869.6
2415.5
2299.6
2241.2
2241.7
2277.0
2171.2
2143.2
2138.6
2181.1
12
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
786.4
1252.8
816.8
784.6
752.3
769.2
751.4
739.8
737.7
731.2
711.9
13
367.9
418.5
0.0
0.0
388.0
419.9
444.9
0.0
261.7
457.8
95.3
2.0
222.9
466.8
90.2
4.7
193.0
466.6
85.0
7.8
204.8
479.8
76.3
8.3
214.3
454.6
73.4
9.2
216.0
464.5
49.9
9.3
194.4
491.1
42.5
9.7
180.0
510.4
31.0
9.8
154.4
526.2
21.5
9.8
14
15
16
17
1075.3
9.6
1240.2
0.0
-174.5
1616.7
10.2
887.0
0.0
719.5
1598.7
10.8
856.8
1.8
729.3
1515.1
11.0
849.2
4.2
650.7
1488.8
11.1
765.6
6.2
706.0
1472.5
11.3
773.5
7.1
680.6
1525.5
11.4
733.4
7.7
773.1
1431.4
11.6
709.6
7.8
702.5
1405.5
11.7
727.8
8.3
657.7
1407.3
11.9
727.0
8.7
659.8
1469.2
12.0
658.4
8.8
790.1
18
19
20
21
22
(1) Funding subsidiaries, nonbank financial holding companies, 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.
85
Total liabilities
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
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
67.3
74.2
175.1
170.1
165.7
177.0
175.8
184.3
189.3
186.4
183.8
7.7
7.5
55.4
53.6
52.2
55.0
54.4
56.0
56.5
55.2
54.2
59.5
9.5
4.2
45.8
66.6
9.3
7.7
49.6
119.7
57.8
11.4
50.5
116.5
56.0
11.6
48.9
113.5
54.6
11.4
47.6
122.1
57.4
12.9
51.7
121.4
56.8
12.5
52.1
128.3
56.5
19.3
52.4
132.8
57.2
21.7
53.8
131.3
55.9
22.7
52.8
129.6
55.0
22.8
51.9
3
4
5
6
78.3
85.2
186.1
181.1
176.7
188.1
186.8
195.3
200.4
197.5
194.9
36.4
0.0
9.5
4.4
22.5
41.9
0.0
9.3
7.8
24.8
94.6
0.0
57.8
11.5
25.2
92.2
0.0
56.0
11.7
24.4
89.8
0.0
54.6
11.5
23.8
96.3
0.0
57.4
13.1
25.8
95.4
0.0
56.8
12.6
26.0
102.1
0.0
56.5
19.5
26.1
105.9
0.0
57.2
21.9
26.8
105.0
0.0
55.9
22.8
26.3
103.9
0.0
55.0
23.0
25.8
8
9
10
11
12
7.7
7.5
55.4
53.6
52.2
55.0
54.4
56.0
56.5
55.2
54.2
13
34.2
11.0
-0.1
23.3
35.7
11.0
-0.1
24.8
36.2
11.0
-0.1
25.3
35.4
11.0
-0.1
24.5
34.7
11.0
-0.1
23.8
36.8
11.0
-0.1
25.9
37.0
11.0
-0.1
26.1
37.2
11.0
-0.2
26.3
37.9
11.0
-0.2
27.0
37.4
11.0
-0.1
26.5
36.8
11.0
-0.3
26.0
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
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
1
2
Treasury currency:
3
4
27.4
38.7
26.6
38.7
26.2
42.7
26.2
42.7
26.2
43.2
25.9
43.4
25.9
43.5
25.9
43.8
25.9
44.0
25.9
44.1
25.9
44.2
3
4
Discrepancy (seigniorage)
-11.3
-12.1
-16.5
-16.5
-17.0
-17.5
-17.6
-17.9
-18.0
-18.2
-18.3
2
3
4
5
1340.9
946.7
840.6
841.7
879.5
887.9
912.3
957.7
941.7
933.5
896.1
80.5
50.3
127.3
56.9
24.7
129.3
50.5
31.5
97.1
50.6
38.6
92.5
52.8
49.4
92.5
53.3
59.8
104.2
54.8
72.0
105.9
57.5
79.0
107.5
56.6
84.2
112.2
56.1
89.4
86.7
53.2
94.0
58.5
2
3
4
1082.9
735.8
661.4
660.1
684.8
670.6
679.6
713.6
688.7
701.3
690.3
86
1
2
3
4
5
6
7
8
9
10
11
12
13
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
88.6
1890.5
1281.5
1194.1
1139.4
1029.3
1091.6
1802.4
1917.9
1979.4
1913.5
75.8
502.0
-404.1
-85.1
917.7
1291.0
-163.7
-154.6
1031.9
672.2
-322.5
-100.0
1105.7
441.5
-257.5
-95.6
1027.3
442.9
-251.1
-79.7
985.1
422.7
-305.9
-72.6
1020.8
420.9
-274.4
-75.7
1460.3
431.8
-16.7
-73.0
1651.4
259.7
42.4
-35.7
1648.1
167.6
203.8
-40.1
1623.1
71.9
219.1
-0.6
2
3
4
5
67.5
1838.9
1195.4
1135.2
1065.4
959.8
1029.8
1727.1
1834.6
1875.2
1824.1
-56.9
48.6
72.2
1.0
2.6
0.0
362.9
558.2
635.1
239.0
39.0
4.7
69.0
94.5
679.5
284.1
45.5
22.8
19.6
9.9
684.0
331.4
55.3
35.0
39.4
-1.3
651.6
299.1
49.9
26.7
-24.0
-1.3
588.5
315.0
46.4
35.2
10.2
-1.2
588.4
350.8
44.8
36.9
268.1
-1.3
708.1
640.8
56.6
54.7
184.0
-0.8
872.9
677.5
50.8
50.2
227.8
-0.7
781.4
762.5
62.5
41.8
201.5
-0.4
803.5
711.0
62.5
46.1
7
8
9
10
11
12
21.1
51.7
86.1
58.9
74.0
69.4
61.8
75.3
83.3
104.2
89.4
13
55.0
55.0
57.7
57.7
54.9
54.9
51.8
51.8
53.8
53.8
50.5
50.5
52.7
52.7
53.3
53.3
55.4
55.4
50.6
50.6
60.8
60.8
14
15
20.8
17.2
1.0
2.6
0.0
860.0
577.4
239.0
39.0
4.7
977.0
624.6
284.1
45.5
22.8
1053.9
632.2
331.4
55.3
35.0
973.5
597.8
299.1
49.9
26.7
934.6
537.9
315.0
46.4
35.2
968.1
535.7
350.8
44.8
36.9
1407.0
654.8
640.8
56.6
54.7
1595.9
817.4
677.5
50.8
50.2
1597.5
730.8
762.5
62.5
41.8
1562.3
742.7
711.0
62.5
46.1
16
17
18
19
20
48.6
-0.0
48.6
48.6
558.2
-1.5
559.7
558.2
94.5
-2.1
96.6
94.5
9.9
-1.6
11.5
9.9
-1.3
-1.9
0.7
-1.3
-1.3
-1.6
0.3
-1.3
-1.2
-1.4
0.2
-1.2
-1.3
-1.4
0.1
-1.3
-0.8
-0.9
0.1
-0.8
-0.7
-0.8
0.1
-0.7
-0.4
-0.6
0.2
-0.4
21
22
23
24
496.2
650.7
154.5
668.8
782.2
113.3
559.6
760.8
201.3
469.5
762.5
292.9
461.0
780.5
319.5
466.7
781.3
314.6
476.2
783.5
307.3
462.2
772.8
310.6
374.5
657.5
282.9
272.6
657.3
384.7
185.8
565.3
379.4
25
26
27
Memo:
Vault cash:
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
-424.0
529.0
953.0
-179.6
536.4
716.1
-350.9
538.9
889.8
-298.0
577.5
875.5
-299.8
576.5
876.3
-349.1
600.1
949.2
-306.9
635.6
942.5
-47.3
809.9
857.1
19.0
790.6
771.6
175.5
822.7
647.2
198.2
825.6
627.5
28
29
30
31
32
33
-110.6
51.6
162.2
-101.5
143.6
245.1
-125.1
127.9
253.0
-132.9
119.5
252.3
-98.9
138.1
237.0
-118.3
122.0
240.3
-135.6
120.4
256.0
-121.9
139.7
261.6
-186.2
93.8
280.1
-195.9
94.3
290.2
-162.1
79.9
242.0
31
32
33
34
35
36
18.6
17.9
0.7
24.7
24.5
0.3
14.6
9.3
5.4
19.1
11.6
7.5
22.9
15.3
7.6
23.3
13.4
9.9
23.4
14.9
8.5
25.0
14.9
10.1
23.3
14.7
8.6
24.5
15.3
9.2
20.4
13.4
7.0
34
35
36
-56.9
362.9
69.0
19.6
39.4
-24.0
10.2
268.1
184.0
227.8
201.5
37
-24.9
135.1
113.2
0.8
88.5
118.2
65.8
0.7
27.4
141.0
43.6
11.2
-26.4
111.1
40.1
12.1
-1.5
122.6
41.6
7.0
-29.4
120.5
42.9
8.2
-39.2
113.7
41.9
10.0
-14.2
138.2
51.4
11.5
-99.4
145.2
47.9
14.0
-89.0
164.2
45.6
14.3
-100.1
143.3
41.9
12.0
38
39
40
41
160.1
133.7
26.4
29.8
82.1
-52.3
113.6
77.4
36.3
137.5
88.1
49.4
124.1
97.9
26.3
149.9
96.0
53.9
152.9
82.9
69.9
152.4
92.0
60.4
244.6
80.0
164.6
253.2
83.0
170.2
243.4
69.8
173.5
42
43
44
21.1
51.7
86.1
58.9
74.0
69.4
61.8
75.3
83.3
104.2
89.4
45
37
38
39
40
41
42
43
44
45
87
2008
2009
2010
Q1
2011
Q3
Q4
Q1
Q2
Q3
Q4
1532.9
2101.3
2093.4
2067.1
2173.1
2181.2
2359.8
2193.3
2314.6
2403.7
2592.6
Monetary authority
Federal government cash and deposits
Due to government-sponsored enterprises
Deposits due to foreign
Currency outside banks
792.1
16.4
1.7
0.1
773.9
1220.3
365.7
21.1
1.4
832.2
1102.7
191.9
35.1
2.4
873.3
1120.5
216.7
19.3
1.7
882.8
1207.8
287.8
27.4
1.2
891.3
1218.8
308.1
4.0
2.5
904.2
1287.8
340.9
13.5
3.4
930.0
1078.7
116.4
10.2
0.1
952.0
1116.4
135.3
7.3
0.4
973.5
1090.8
56.4
44.8
2.6
987.0
1165.6
85.9
64.6
0.2
1015.0
2
3
4
5
6
7
8
9
10
560.2
42.9
31.7
485.5
700.9
3.5
62.9
634.6
781.9
3.8
34.3
743.8
735.4
4.1
35.3
696.0
754.7
3.2
37.1
714.4
750.1
3.6
32.1
714.3
852.2
3.6
30.4
818.1
887.5
3.6
41.9
841.9
971.3
3.7
41.4
926.2
1062.8
3.0
45.6
1014.3
1166.2
1.0
50.0
1115.2
7
8
9
10
11
12
13
11.8
2.3
9.5
13.5
4.7
8.8
16.1
10.5
5.6
16.4
10.9
5.5
16.4
10.5
5.9
18.5
11.9
6.6
21.9
14.6
7.3
20.7
13.2
7.6
23.2
15.3
7.9
38.2
17.8
20.5
45.6
19.0
26.6
11
12
13
14
15
16
15.7
79.4
73.7
14.6
76.6
75.3
16.1
89.7
86.9
16.2
90.1
88.5
16.7
89.2
88.2
16.9
88.4
88.5
16.6
88.9
92.4
17.1
90.5
98.7
18.1
88.5
97.1
18.0
91.7
102.1
19.4
93.4
102.5
14
15
16
1532.9
2101.3
2093.4
2067.1
2173.1
2181.2
2359.8
2193.3
2314.6
2403.7
2592.6
17
2
3
4
5
6
17
Total liabilities
Q2
Total assets
18
Household sector
90.3
292.0
330.3
237.4
198.2
156.1
185.3
161.5
163.6
229.9
304.8
18
19
20
21
22
23
Nonfinancial business
Corporate
Noncorporate
State and local governments
Federal government
662.9
147.3
515.6
57.1
56.5
558.0
38.6
519.4
65.6
368.0
705.8
166.0
539.8
84.9
193.6
770.5
239.5
531.0
81.0
219.5
811.9
287.6
524.3
81.8
291.6
870.4
350.9
519.5
81.4
310.2
963.6
445.0
518.6
91.5
342.1
1020.9
502.0
518.9
90.0
117.5
1078.5
558.8
519.7
95.4
135.5
1136.9
615.4
521.6
94.2
57.6
1195.8
672.0
523.8
107.2
84.3
19
20
21
22
23
24
25
26
306.1
34.2
272.0
370.1
69.0
301.1
361.0
47.2
313.8
363.9
47.8
316.0
367.0
48.8
318.1
375.2
46.6
328.7
390.5
48.4
342.1
409.9
55.3
354.7
425.7
57.1
368.7
444.2
66.0
378.3
466.2
69.2
397.1
24
25
26
27
Financial sectors
350.0
441.0
411.6
390.2
419.8
382.9
381.1
387.6
408.9
435.2
427.7
27
28
29
30
2.6
20.0
43.3
3.2
8.7
37.6
4.2
4.5
39.1
3.9
0.8
37.2
5.4
5.2
39.9
5.3
7.7
36.8
3.3
2.2
32.8
4.1
3.6
28.2
4.4
4.9
29.8
4.9
1.6
44.8
4.6
0.1
45.0
28
29
30
31
32
33
34
42.7
58.3
11.8
17.9
27.9
82.8
12.3
17.8
27.6
50.7
16.4
17.7
28.3
47.7
18.9
17.8
37.1
57.8
21.9
17.5
39.3
59.5
24.6
17.2
32.6
51.7
28.0
17.3
33.8
47.3
31.3
18.1
35.6
48.7
34.6
17.9
25.7
58.9
37.5
18.6
21.9
55.0
40.5
18.6
31
32
33
34
35
36
37
38
39
1.9
13.7
16.2
16.6
105.0
7.5
88.3
16.5
18.4
120.1
17.9
99.4
17.0
26.3
90.7
5.3
99.0
15.9
25.2
90.2
7.7
99.1
16.1
26.0
86.1
15.5
47.3
15.5
24.6
89.5
14.2
63.4
15.3
23.5
96.9
14.0
70.4
15.7
29.0
92.1
20.7
62.3
15.8
25.8
108.4
18.8
63.7
16.3
29.3
115.3
19.1
62.4
15.7
30.0
114.8
35
36
37
38
39
10.0
6.4
6.3
4.7
2.8
5.0
5.7
5.9
7.0
5.6
6.5
40
40
Mail float
88
2008
2009
2010
Q1
1
2
Total liabilities
Small time and savings deposits
Q2
2011
Q3
Q4
Q1
Q2
Q3
Q4
7606.7
7940.9
8316.3
8347.2
8242.7
8376.6
8432.4
8553.3
8714.0
8724.0
8805.6
5224.5
5749.3
6326.5
6459.4
6443.4
6539.7
6624.9
6741.5
6898.8
7065.7
7202.8
4025.9
25.5
26.3
4566.2
25.6
27.4
4949.1
29.9
24.5
5056.5
30.2
24.2
5047.9
31.6
19.6
5128.1
50.8
19.8
5225.9
35.7
19.3
5303.9
42.6
19.4
5469.5
47.4
19.2
5629.6
50.9
19.2
5760.9
48.9
18.9
3
4
5
3
4
5
6
7
Savings institutions
Credit unions
638.1
508.7
578.5
551.7
667.9
655.1
674.8
673.7
665.9
678.4
661.9
679.3
662.7
681.3
676.2
699.4
661.2
701.4
663.7
702.3
663.4
710.7
6
7
2382.2
2191.6
1989.8
1887.8
1799.3
1836.9
1807.5
1811.8
1815.3
1658.4
1602.8
9
10
11
991.1
907.9
26.3
1015.6
784.7
27.4
841.7
958.6
24.5
789.9
904.7
24.2
770.5
836.6
19.6
749.9
886.5
19.8
691.6
909.0
19.3
663.0
937.1
19.4
656.6
945.4
19.2
631.5
804.6
19.2
638.0
736.6
18.9
9
10
11
12
13
Savings institutions
Credit unions
387.1
69.9
293.5
70.4
137.7
27.3
140.7
28.2
144.2
28.4
151.3
29.4
157.6
30.1
161.2
31.2
162.9
31.3
170.7
32.4
175.6
33.6
12
13
7606.7
7940.9
8316.3
8347.2
8242.7
8376.6
8432.4
8553.3
8714.0
8724.0
8805.6
14
14
Total assets
15
Household sector
5888.5
6082.8
6190.0
6322.0
6324.6
6384.6
6420.3
6464.5
6615.2
6648.7
6707.7
15
16
17
18
Nonfinancial business
Corporate
Noncorporate
800.7
441.3
359.3
740.0
381.9
358.1
842.1
488.8
353.3
805.3
458.0
347.3
781.0
438.3
342.8
810.7
471.2
339.4
810.5
471.6
338.9
860.9
522.1
338.8
885.2
546.0
339.2
912.4
572.3
340.2
940.8
599.4
341.4
16
17
18
19
20
21
245.9
2.8
207.6
265.1
1.6
273.1
275.9
1.9
230.0
281.9
2.0
221.6
265.1
1.8
225.3
268.7
1.8
231.2
275.5
2.0
247.7
278.8
1.5
262.5
274.4
1.7
261.1
279.9
1.8
274.9
293.2
1.7
272.6
19
20
21
22
Financial sectors
461.1
578.4
776.4
714.3
644.7
679.7
676.5
685.0
676.4
606.4
589.6
22
23
24
Savings institutions
Credit unions
9.9
17.0
8.3
28.3
15.3
37.8
19.1
41.0
18.2
42.6
17.7
43.1
15.3
43.4
21.1
44.3
19.1
44.7
22.4
44.6
21.2
45.6
23
24
25
26
67.7
0.7
67.9
0.7
72.7
0.7
73.7
0.7
74.9
0.7
75.7
0.7
77.1
0.7
78.0
0.7
79.0
0.7
80.2
0.8
81.5
0.8
25
26
27
28
29
270.6
46.6
48.6
355.2
68.5
49.4
573.2
25.7
51.0
510.8
21.2
47.6
436.2
23.7
48.4
473.9
22.1
46.6
468.0
26.1
45.9
469.9
23.7
47.2
462.3
23.1
47.4
397.8
11.7
48.9
380.1
13.4
47.2
27
28
29
(1) Large time deposits are those issued in amounts of $100,000 or more.
Total assets
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
State and local governments
Rest of the world
Property-casualty insurance companies
Life insurance companies
Private pension funds
State and local govt. retirement funds
Funding corporations
3033.1
3757.3
3258.3
2930.7
2760.4
2746.1
2755.3
2679.4
2637.8
2578.4
2642.5
1346.7
544.4
74.3
79.3
46.0
1581.8
702.6
75.4
77.5
69.7
1313.1
646.1
73.7
81.6
76.9
1198.7
568.3
72.5
85.0
75.8
1140.0
524.3
71.5
84.1
74.7
1125.9
521.8
70.8
85.3
72.2
1129.7
517.5
70.7
86.9
69.8
1098.6
497.4
70.7
86.3
67.3
1086.8
481.0
70.8
85.8
64.8
1100.7
458.8
71.0
84.6
64.1
1106.7
466.9
71.2
84.6
63.3
2
3
4
5
6
20.7
21.6
93.5
12.4
794.3
32.8
39.2
95.7
14.3
1068.3
29.6
33.7
96.4
14.3
893.0
25.3
29.8
96.4
14.4
764.8
24.6
26.5
96.4
14.2
704.1
27.9
23.6
96.3
13.9
708.4
25.6
21.0
96.3
13.9
724.0
27.7
19.7
96.2
14.7
700.9
26.1
17.9
96.2
14.5
694.1
23.6
17.0
96.1
15.0
647.6
24.1
16.5
96.1
15.0
698.2
7
8
9
10
11
89
1
2
3
4
5
6
7
8
9
10
11
Total liabilities
Monetary authority
U.S.-chartered commercial banks (net)
Foreign banking offices in U.S. (net)
Bank holding companies (net)
Savings institutions
Property-casualty insurance companies
Life insurance companies
REITs
Brokers and dealers (net)
Total assets
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
2159.8
1270.3
1452.4
1461.3
1324.0
1290.6
1227.4
1258.5
1220.8
1067.2
1108.2
44.0
611.4
226.3
0.8
17.6
0.5
20.2
91.7
1147.3
88.4
352.4
130.0
0.4
17.6
2.4
12.9
79.4
586.9
77.7
624.0
170.3
-47.7
53.6
0.6
12.4
90.4
470.9
57.8
667.3
195.3
-51.4
53.9
0.5
9.2
88.9
440.0
67.2
603.7
216.1
-59.0
50.2
0.6
9.8
94.4
340.9
63.8
538.6
231.7
-67.3
49.2
0.5
11.0
102.0
361.1
59.7
409.5
223.2
-49.5
47.6
1.5
10.3
120.5
404.7
62.2
393.0
224.4
-57.6
38.2
0.6
9.5
160.9
427.1
70.3
375.6
212.7
-60.4
37.0
0.6
10.0
187.1
387.9
84.1
333.0
265.6
-51.5
35.4
0.5
9.7
210.8
179.5
99.9
315.6
273.4
-49.3
34.7
0.4
10.4
210.0
213.1
2
3
4
5
6
7
8
9
10
1531.8
1237.7
1041.5
999.3
885.2
931.3
931.7
1035.0
1012.0
880.5
935.6
11
12
13
14
15
16
17
8.1
156.1
338.4
46.5
45.6
2.5
7.2
152.6
114.9
80.0
34.7
-2.3
7.9
160.6
31.0
0.0
12.0
0.1
9.0
167.3
-31.4
0.0
9.5
0.1
9.2
165.5
-123.1
0.0
7.8
0.1
6.6
167.9
-118.6
0.0
7.0
0.0
12.2
171.2
-98.6
0.0
5.4
0.0
12.8
170.0
-40.8
0.0
4.5
0.0
12.1
168.8
-55.7
0.0
5.5
18.8
11.4
166.6
-107.4
0.0
6.8
10.9
11.6
166.5
-44.9
0.0
7.7
14.4
12
13
14
15
16
17
18
19
20
21
22
23
24
25
3.6
2.7
25.8
21.7
605.9
132.2
142.7
0.0
4.4
8.0
33.1
23.5
542.4
124.7
114.5
0.0
4.5
10.2
36.2
23.5
479.9
153.3
122.1
0.1
8.3
11.3
36.3
23.6
438.9
150.1
176.4
0.1
6.1
11.0
31.3
23.2
462.6
127.6
163.8
0.1
5.9
11.0
36.8
22.8
493.3
134.9
163.8
0.1
3.8
10.9
37.1
22.8
479.4
137.5
150.0
0.1
3.5
9.7
37.3
24.0
439.2
218.5
156.3
0.1
2.3
8.8
33.0
23.7
457.6
221.8
115.1
0.1
2.0
10.8
34.0
24.6
479.7
126.7
114.3
0.1
1.8
10.7
33.5
24.6
484.0
115.1
110.4
0.1
18
19
20
21
22
23
24
25
628.0
32.6
410.9
462.0
438.8
359.3
295.6
223.4
208.8
186.7
172.6
26
26
Discrepancy--unallocated assets
2
3
4
5
6
7
8
9
10
11
12
13
Commercial paper
Nonfinancial corporate business
Foreign issues in U.S.
Nonfinancial
Financial
Financial business
U.S.-chartered commercial banks
Bank holding companies
ABS issuers
Finance companies
REITs
Funding corporations
14
15
16
17
Holdings, by sector
1788.6
1599.3
1137.4
1081.0
1028.0
1050.6
1057.5
1131.2
1081.6
1004.4
969.2
1788.1
123.8
413.0
29.0
384.0
1251.3
0.0
116.7
643.1
123.5
0.0
367.9
1599.3
131.5
342.0
49.7
292.3
1125.8
0.0
77.7
559.3
100.9
0.0
388.0
1137.4
58.4
401.3
34.5
366.8
677.6
0.0
60.8
293.1
62.1
0.0
261.7
1081.0
73.6
387.5
34.8
352.8
619.8
132.5
74.0
126.4
64.0
0.0
222.9
1028.0
82.0
378.3
33.4
345.0
567.7
135.8
63.7
112.2
63.1
0.0
193.0
1050.6
97.9
378.0
29.4
348.6
574.6
129.2
64.4
119.4
56.8
0.0
204.8
1057.5
82.9
398.6
30.6
368.0
575.9
112.9
64.7
120.2
63.8
0.0
214.3
1131.2
110.5
428.2
35.1
393.2
592.5
109.2
73.6
128.3
65.4
0.0
216.0
1081.6
106.9
417.2
41.4
375.8
557.5
109.0
76.9
116.2
61.0
0.0
194.4
1004.4
124.7
352.4
34.0
318.5
527.3
109.9
71.7
108.5
57.3
0.0
180.0
969.2
116.2
344.8
30.2
314.6
508.3
120.6
75.9
95.8
61.6
0.0
154.4
2
3
4
5
6
7
8
9
10
11
12
13
0.5
0.0
0.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
14
15
16
1788.6
1599.3
1137.4
1081.0
1028.0
1050.6
1057.5
1131.2
1081.6
1004.4
969.2
17
18
19
20
21
22
23
24
25
26
Household sector
Nonfinancial corporate business
State and local governments
Rest of the world
Monetary authority
U.S.-chartered commercial banks (1)
Foreign banking offices in U.S. (1)
Savings institutions
Credit unions
107.3
69.5
184.3
278.1
0.0
0.0
0.0
0.0
0.4
6.0
57.3
119.8
232.9
0.0
15.7
0.0
0.0
0.0
34.6
56.0
65.3
191.5
0.0
0.0
0.0
0.0
0.0
44.6
57.2
57.2
194.1
0.0
0.0
0.0
0.0
0.0
54.2
63.8
54.9
187.4
0.0
0.0
0.0
0.0
0.0
63.0
72.5
63.0
192.6
0.0
0.0
0.0
0.0
0.0
63.4
71.4
72.2
192.3
0.0
0.0
0.0
0.0
0.0
67.9
76.0
82.6
199.3
0.0
0.0
0.0
0.0
0.0
64.9
75.1
86.0
195.1
0.0
0.0
0.0
0.0
0.0
60.3
73.9
88.1
199.5
0.0
0.0
0.0
0.0
0.0
58.2
74.8
93.0
190.7
0.0
0.0
0.0
0.0
0.0
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
13.3
41.7
26.9
38.4
674.6
114.1
27.7
87.1
125.2
19.1
38.3
37.2
25.9
618.5
51.6
6.8
65.7
304.6
9.8
49.8
26.7
24.0
510.5
80.2
9.7
41.5
37.8
11.1
35.7
21.7
24.1
445.6
77.4
8.6
38.5
65.2
10.4
39.3
18.2
22.7
382.9
55.9
10.4
33.1
94.8
11.8
46.0
17.1
22.3
382.8
63.3
8.6
34.2
73.4
7.9
40.9
15.0
22.4
394.2
66.3
9.9
36.2
65.2
8.5
39.9
14.8
23.5
398.1
144.0
9.5
39.6
27.6
8.0
38.0
14.4
23.2
361.1
147.2
9.3
42.2
17.1
5.3
42.1
13.8
24.1
349.5
55.7
9.2
40.4
42.6
5.4
40.9
13.2
24.1
355.1
45.7
6.5
42.1
19.5
27
28
29
30
31
32
33
34
35
90
1
2
3
4
5
Total liabilities
Savings bonds
Treasury bills
Other Treasury securities
Total assets
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
5099.2
6338.2
7781.9
8259.6
8603.8
8993.8
9361.5
9621.4
9714.1
10102.6
10428.3
196.4
999.5
3903.3
194.0
1861.2
4283.0
191.2
1787.9
5802.8
190.2
1838.0
6231.4
189.6
1777.0
6637.2
188.7
1783.7
7021.4
187.9
1768.9
7404.7
186.8
1694.7
7739.9
186.0
1529.4
7998.7
185.1
1475.6
8442.0
185.2
1519.5
8723.7
2
3
4
5099.2
6338.2
7781.9
8259.6
8603.8
8993.8
9361.5
9621.4
9714.1
10102.6
10428.3
6
7
8
Household sector
Savings bonds
Bills and other Treasury securities
264.6
196.4
68.3
256.5
194.0
62.6
815.5
191.2
624.3
972.5
190.2
782.3
1157.2
189.6
967.6
1180.8
188.7
992.1
1115.9
187.9
928.0
1025.4
186.8
838.6
847.9
186.0
662.0
918.1
185.1
733.0
958.9
185.2
773.7
6
7
8
9
10
11
38.3
59.3
525.1
30.5
51.8
475.1
43.0
46.1
493.9
49.7
45.4
499.9
52.2
44.8
504.8
53.4
44.3
498.1
43.4
44.3
503.6
42.8
44.3
490.5
50.2
44.3
473.0
50.1
44.4
454.5
50.9
44.6
444.6
9
10
11
12
13
2376.4
740.6
3253.0
475.9
3671.4
776.6
3852.9
776.7
3966.7
777.0
4216.4
811.7
4385.3
1021.5
4422.3
1340.4
4442.5
1619.5
4597.6
1664.7
4671.4
1663.4
12
13
14
15
16
17
73.0
30.4
7.1
1.8
53.4
35.5
3.1
1.2
117.7
57.5
5.8
0.5
181.6
58.0
5.8
0.9
181.2
54.7
5.0
1.3
220.2
67.5
17.2
1.1
211.6
60.9
19.6
1.1
210.0
66.1
16.1
1.1
177.7
63.6
9.0
1.6
187.0
58.1
20.4
0.9
169.6
60.5
26.8
1.0
14
15
16
17
18
19
Savings institutions
Credit unions
7.0
10.4
3.0
8.8
6.8
14.2
7.1
15.9
6.7
17.2
6.0
10.8
5.9
20.0
6.0
21.8
5.6
21.9
4.7
22.5
4.2
24.2
18
19
20
21
22
23
24
71.3
70.6
169.5
141.6
88.0
65.6
105.7
184.9
146.4
112.3
88.5
133.5
310.7
174.5
119.1
87.1
138.6
341.6
179.1
120.6
87.7
144.2
407.4
182.0
124.5
90.4
150.2
466.9
185.5
128.2
91.7
156.6
486.7
185.6
129.2
93.3
153.6
500.0
187.9
132.9
92.0
154.1
521.9
186.9
136.3
90.9
162.8
545.3
189.0
144.0
90.5
161.9
567.8
188.3
147.2
20
21
22
23
24
25
26
27
28
29
30
31
178.1
179.2
5.6
19.7
15.5
85.8
-60.0
577.7
187.9
3.2
27.0
16.8
72.2
190.6
406.4
255.5
4.3
41.7
21.9
53.9
123.0
371.5
269.9
5.0
46.3
60.1
49.7
123.6
348.9
278.3
4.8
51.9
72.2
46.2
87.1
308.1
294.3
4.9
51.7
69.5
42.6
73.8
335.4
297.4
5.1
51.0
55.2
40.1
94.5
337.7
298.2
5.2
52.8
58.5
35.9
78.5
341.5
306.4
5.2
56.7
63.3
36.3
56.6
373.5
329.1
4.8
61.1
68.5
31.4
79.3
443.3
349.8
4.7
62.4
75.2
29.2
187.8
25
26
27
28
29
30
31
5122.3
6361.5
7805.4
8283.2
8627.7
9017.8
9385.6
9645.9
9738.6
10127.6
10453.6
32
Memo:
32
(1) Total Treasury securities (table L.209, line 1) plus budget agency securities (table L.210, line 2) and federal mortgage debt (table L.217, line 11).
91
1
2
3
4
5
6
7
8
Total liabilities
Budget agencies
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
Total assets
Household sector
Nonfinancial corporate business
State and local governments
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
7397.7
8166.7
8106.8
7657.0
7661.4
7618.0
7598.2
7648.7
7577.8
7585.0
7561.1
23.1
2910.2
4464.4
23.3
3181.9
4961.4
23.5
2706.6
5376.7
23.6
6653.3
980.2
23.9
6591.1
1046.5
24.0
6498.1
1096.0
24.2
6434.5
1139.5
24.5
6437.3
1187.0
24.5
6317.3
1236.0
25.0
6282.7
1277.3
25.3
6233.7
1302.1
2
3
4
7397.7
8166.7
8106.8
7657.0
7661.4
7618.0
7598.2
7648.7
7577.8
7585.0
7561.1
689.2
12.8
444.0
733.5
10.2
434.1
139.0
14.3
417.0
107.9
16.6
430.9
148.9
17.4
420.9
182.0
18.0
422.7
219.0
15.2
427.0
306.7
13.4
418.7
279.7
15.9
410.3
232.1
14.0
398.9
196.1
15.0
388.8
6
7
8
0.0
1582.4
0.0
54.4
1406.9
19.7
196.4
1154.8
1068.3
186.4
1116.5
1237.7
175.3
1128.0
1282.9
164.4
1096.1
1232.6
149.2
1077.3
1139.6
138.4
1054.6
1069.7
103.7
1033.1
1025.6
70.6
1032.9
979.2
31.1
1021.4
941.7
9
10
11
9
10
11
Federal government
Rest of the world
Monetary authority
12
13
14
15
928.9
57.1
9.9
26.3
1068.7
50.6
25.8
24.4
1224.0
31.3
24.3
20.5
1219.3
30.8
22.6
18.4
1213.1
30.0
22.1
16.2
1259.8
29.5
30.1
13.0
1310.8
26.5
21.1
12.8
1341.9
31.4
22.2
6.9
1340.0
30.6
31.5
6.0
1360.0
32.2
43.2
5.4
1415.2
30.6
33.1
4.8
12
13
14
15
16
17
Savings institutions
Credit unions
177.4
68.4
173.8
82.9
193.4
110.8
202.6
123.5
199.8
133.6
203.8
136.3
216.4
151.6
219.9
166.6
219.6
170.9
216.6
173.4
218.2
180.4
16
17
18
19
20
21
22
125.8
382.9
296.8
331.1
5.0
114.3
366.2
318.1
337.5
5.1
116.2
371.9
269.1
306.9
5.6
116.1
372.8
259.6
301.0
5.8
116.0
373.8
210.9
292.3
6.0
115.9
374.8
170.2
285.1
6.6
115.8
376.0
170.9
285.2
6.3
116.2
386.1
165.4
288.7
6.2
115.7
389.7
163.4
287.2
6.5
116.3
395.0
160.7
290.4
6.8
115.4
398.9
157.7
289.3
7.1
18
19
20
21
22
23
24
25
235.9
565.4
702.9
756.2
592.7
910.0
543.0
639.1
924.5
465.5
684.3
417.0
450.4
710.7
387.7
414.8
760.8
375.1
402.8
791.1
377.0
373.4
793.4
373.9
359.4
819.1
368.2
384.1
890.3
368.1
403.7
955.3
364.6
23
24
25
26
27
28
ABS issuers
REITs
Brokers and dealers
376.5
88.9
290.2
349.5
89.6
242.6
120.3
105.1
110.9
85.3
109.1
127.5
48.7
114.7
161.9
24.3
128.7
173.5
13.4
143.3
149.8
11.0
190.7
153.2
10.0
216.9
174.7
9.0
239.1
166.7
8.0
237.0
147.8
26
27
28
(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 31.
92
2008
2009
2010
Q1
Total liabilities
2
3
4
5
6
Total assets
Q2
2011
Q3
Q4
Q1
Q2
Q3
Q4
3448.1
3543.4
3697.9
3730.8
3730.7
3734.7
3795.6
3778.6
3750.5
3733.6
3743.4
2855.9
51.2
2804.7
2875.0
55.9
2819.2
2985.7
63.6
2922.1
3008.6
63.7
2945.0
3000.2
47.3
2952.9
3003.5
52.0
2951.5
3051.1
63.0
2988.1
3031.2
60.1
2971.0
2998.3
37.6
2960.7
2987.2
48.0
2939.2
2991.6
52.3
2939.3
2
3
4
250.7
341.5
258.7
409.7
264.6
447.5
265.7
456.4
263.5
466.9
260.8
470.3
262.3
482.3
261.9
485.4
260.7
491.4
256.1
490.3
254.4
497.4
5
6
3448.1
3543.4
3697.9
3730.8
3730.7
3734.7
3795.6
3778.6
3750.5
3733.6
3743.4
1725.4
29.2
5.3
5.5
45.1
1766.7
26.2
4.9
5.4
51.0
1896.5
27.1
5.1
5.7
58.7
1930.0
23.2
5.0
5.9
62.7
1934.0
20.1
4.9
5.9
66.8
1916.5
21.3
4.9
6.0
69.3
1957.9
20.8
4.9
6.1
71.7
1959.3
20.3
4.9
6.0
74.2
1928.1
20.0
4.9
6.0
76.7
1902.1
19.7
4.9
5.9
79.7
1879.4
19.2
4.9
5.9
82.7
8
9
10
11
12
8
9
10
11
12
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
State and local governments
Rest of the world
13
14
15
16
190.9
0.0
2.0
11.0
214.1
0.0
2.5
7.8
215.1
0.0
3.5
9.2
216.2
0.0
3.1
9.6
218.4
0.0
2.0
10.1
226.4
0.0
2.7
10.2
243.5
0.0
2.5
11.1
249.0
0.0
2.8
10.9
256.2
0.0
2.5
11.1
272.8
0.0
2.8
11.1
285.9
0.0
3.4
11.2
13
14
15
16
17
18
19
371.3
41.4
2.4
381.9
47.1
1.4
369.4
73.1
1.5
364.0
81.3
1.5
358.7
90.5
1.5
353.5
100.8
1.6
348.4
112.3
1.6
349.7
115.1
1.6
348.2
116.1
1.6
349.9
117.7
1.5
347.1
118.9
1.5
17
18
19
20
21
22
23
24
25
471.0
372.2
91.3
0.6
33.3
50.1
494.6
389.6
77.9
2.3
31.3
38.7
401.3
480.2
81.2
5.9
29.1
35.4
370.0
501.5
81.9
6.5
28.0
40.3
352.0
514.2
82.2
7.3
27.2
35.0
333.0
532.8
82.6
7.8
26.2
39.2
334.4
526.6
81.3
7.6
24.9
40.0
320.7
515.1
80.7
7.5
23.8
37.0
305.8
520.1
82.0
7.7
22.9
40.6
292.0
526.9
80.1
7.8
22.0
36.6
296.5
542.8
82.4
8.6
21.4
31.5
20
21
22
23
24
25
93
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
11435.9
11013.2
11432.5
11390.9
11292.4
11381.5
11468.0
11477.8
11505.9
11526.8
11492.5
2
3
3557.9
1587.1
3762.5
1237.3
4139.7
1570.3
4247.8
1606.1
4305.7
1606.0
4433.4
1628.4
4560.3
1737.3
4658.7
1748.3
4771.6
1751.8
4848.3
1756.6
4936.3
1728.8
2
3
Financial sectors
6291.0
6013.5
5722.5
5537.0
5380.7
5319.8
5170.5
5070.8
4982.4
4921.8
4827.3
174.4
516.0
10.4
182.4
638.9
2.4
174.1
1028.7
2.3
417.3
996.7
3.2
415.0
977.3
3.0
421.7
1027.8
2.8
434.1
982.2
2.7
431.3
984.4
2.2
430.5
934.3
2.2
427.2
912.7
2.2
413.3
888.2
2.4
5
6
7
3901.5
974.1
231.3
64.8
418.5
3577.3
924.5
171.0
97.1
419.9
2999.5
837.5
129.8
92.9
457.8
2569.6
858.2
132.9
92.3
466.8
2451.5
834.6
131.8
100.9
466.6
2329.6
823.0
139.1
96.1
479.8
2218.8
818.7
129.7
129.7
454.6
2123.0
796.0
141.3
128.2
464.5
2076.8
781.3
156.2
110.1
491.1
2018.7
794.6
156.9
99.2
510.4
1973.0
777.4
155.0
91.8
526.2
8
9
10
11
12
11435.9
11013.2
11432.5
11390.9
11292.4
11381.5
11468.0
11477.8
11505.9
11526.8
11492.5
13
2022.7
140.7
0.0
2719.1
1961.6
137.5
0.0
2353.5
2082.7
144.8
0.6
2465.3
2011.6
150.8
0.6
2440.1
1893.5
149.2
0.7
2413.9
1790.7
151.3
0.8
2423.0
1841.9
154.3
0.9
2488.6
1815.7
153.2
0.9
2480.8
1818.5
152.2
0.9
2461.3
1768.2
150.2
0.8
2451.3
1737.0
150.1
0.8
2422.5
14
15
16
17
572.4
369.5
35.9
0.5
142.2
34.6
542.0
401.6
35.8
0.5
108.5
25.7
582.6
244.9
31.1
2.0
84.5
18.6
523.2
236.6
33.6
1.4
81.1
18.5
499.5
252.4
17.4
0.5
80.9
18.4
499.3
362.5
42.2
0.5
76.1
11.5
474.9
233.9
38.3
0.6
73.9
3.7
461.1
220.6
40.5
5.9
70.9
3.7
456.2
229.5
40.6
5.2
68.9
3.8
476.2
255.7
22.0
4.5
68.4
3.6
484.1
234.5
18.3
4.2
67.8
4.1
18
19
20
21
22
23
282.9
1862.6
357.4
297.0
3.0
267.5
1817.0
400.1
312.9
2.9
298.3
1927.2
442.9
308.6
3.0
304.2
1952.8
452.5
308.7
3.0
310.2
1978.0
462.1
311.5
3.1
316.4
2003.5
469.2
311.9
3.5
322.6
2030.2
483.5
312.4
3.2
323.8
2062.1
496.3
314.1
3.1
322.5
2080.5
504.1
312.4
3.2
324.1
2109.3
512.7
321.2
3.4
321.5
2130.4
520.9
320.0
3.7
24
25
26
27
28
5
6
7
8
9
10
11
12
13
Total liabilities
2008
14
15
16
17
Household sector
State and local governments
Federal government
Rest of the world (2)
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
376.8
889.9
74.0
13.8
228.0
959.9
48.7
27.7
169.9
1126.8
54.0
55.3
176.0
1178.1
55.6
60.4
169.1
1200.9
53.6
65.5
160.8
1244.0
55.3
73.9
154.2
1275.4
58.1
74.0
153.7
1321.6
60.7
77.8
153.2
1378.0
60.1
84.5
128.1
1419.9
57.5
91.4
129.6
1463.4
56.2
100.4
29
30
31
32
33
34
35
36
37
Government-sponsored enterprises
Finance companies
REITs
Brokers and dealers
Funding corporations
464.4
189.4
34.4
382.8
170.0
386.6
192.4
11.7
123.8
667.3
310.8
198.6
15.5
154.4
710.2
324.8
185.6
17.5
162.8
711.4
313.0
188.7
18.1
161.9
730.4
308.3
181.6
20.1
170.3
704.9
293.9
179.0
20.8
189.5
760.1
284.7
184.1
24.6
201.5
716.5
270.0
184.9
26.2
188.8
700.4
264.3
190.5
27.1
141.9
734.5
258.0
183.8
27.0
111.9
742.4
33
34
35
36
37
94
2008
2009
2010
Q1
3
4
2011
Q3
Q4
Q1
Q2
Q3
Q4
25580.9
15640.5
20123.2
21008.9
18733.5
21070.4
23249.0
24589.2
24451.5
20300.0
22211.4
15730.7
10016.6
12494.7
12914.3
11488.2
12905.4
14422.3
15339.3
15246.8
12867.3
14276.6
5248.0
4602.2
2748.4
2875.4
3995.3
3633.2
4103.8
3990.8
3624.9
3620.4
4261.3
3903.7
4485.6
4341.1
4674.9
4575.1
4661.8
4542.8
3713.5
3719.2
3862.9
4071.9
3
4
25580.9
15640.5
20123.2
21008.9
18733.5
21070.4
23249.0
24589.2
24451.5
20300.0
22211.4
Household sector
State and local governments
Federal government
Rest of the world (3)
9636.8
108.0
0.0
2812.2
5746.9
82.1
188.7
1806.6
7408.7
117.7
67.4
2477.2
7649.4
114.7
50.2
2673.7
6918.7
106.0
49.6
2343.2
7863.7
107.6
50.8
2660.3
8663.1
109.9
49.9
2926.1
9211.7
109.1
55.1
3101.5
9008.2
108.3
61.1
3217.6
7415.2
106.7
56.7
2702.4
8140.2
106.7
57.5
3026.4
6
7
8
9
10
11
12
13
14
15
16
17
18
Monetary authority
U.S.-chartered commercial banks
Foreign banking offices in U.S.
Savings institutions
Property-casualty insurance companies
Life insurance companies
Private pension funds
State and local govt. retirement funds
Federal government retirement funds
0.0
41.5
0.0
25.3
236.2
1464.6
2673.3
2013.7
149.1
0.0
6.7
0.0
22.7
193.3
1001.7
1599.7
1237.9
85.6
25.1
30.3
0.0
22.2
219.8
1208.5
1835.7
1549.8
119.4
25.4
34.7
0.0
21.8
216.7
1275.8
1918.2
1636.0
127.8
25.7
21.8
0.0
21.7
193.4
1169.4
1673.9
1450.8
112.6
26.1
29.5
0.0
19.5
204.8
1286.6
1832.6
1604.6
125.6
26.4
38.2
0.1
19.7
219.2
1402.6
2012.4
1782.5
143.7
0.0
42.0
0.0
21.9
222.7
1484.8
2100.1
1861.9
152.1
0.0
45.1
0.0
21.8
220.2
1487.8
2063.3
1848.2
152.9
0.0
28.4
0.0
20.2
203.4
1355.6
1714.3
1525.4
124.1
0.0
35.4
0.0
21.5
226.8
1459.3
1877.9
1690.1
138.0
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Mutual funds
Closed-end funds
Exchange-traded funds
Brokers and dealers
Funding corporations
5476.9
144.9
573.7
224.8
0.0
3014.1
71.3
473.9
109.2
0.0
4136.2
86.0
669.9
124.2
25.1
4351.8
87.6
687.2
112.4
25.4
3799.5
80.5
642.5
98.4
25.7
4299.9
90.6
741.5
100.6
26.1
4762.7
95.1
853.9
117.2
26.4
5087.0
98.7
908.9
131.7
0.0
5067.4
99.0
919.3
131.3
0.0
4073.8
93.3
782.8
97.8
0.0
4373.5
93.8
863.5
100.9
0.0
19
20
21
22
23
19086.6
12014.9
14950.4
15719.3
14024.6
15596.5
17393.7
18488.4
18353.0
15360.7
17006.6
24
6
7
8
9
Q2
Memo:
24
7829.0
5435.3
6961.6
7295.0
6764.2
7401.8
7934.5
8471.9
8570.5
7532.8
7955.9
7829.0
5435.3
6961.6
7295.0
6764.2
7401.8
7934.5
8471.9
8570.5
7532.8
7955.9
4597.9
191.1
32.8
373.5
3327.2
125.8
32.0
256.2
4136.7
190.2
33.7
363.6
4296.9
199.2
35.1
399.9
3974.2
188.1
29.7
396.4
4299.6
206.6
30.2
458.1
4571.7
222.9
30.9
513.8
4916.7
234.8
30.7
569.6
4965.9
238.0
30.4
599.8
4343.3
215.5
30.0
527.2
4554.7
229.3
30.0
556.8
3
4
5
6
29.6
2.1
19.6
2.0
46.1
1.3
43.2
1.6
38.7
1.6
41.2
1.6
45.0
1.5
47.1
1.7
45.0
1.8
36.6
1.8
41.7
1.8
7
8
6.8
188.4
2110.6
296.4
4.4
121.0
1366.0
181.1
5.3
140.8
1817.3
226.7
5.4
144.8
1929.6
239.3
5.0
134.3
1784.0
212.2
5.4
144.1
1980.2
234.8
5.7
155.7
2126.6
260.8
5.8
158.7
2234.5
272.4
5.8
158.5
2254.9
270.4
5.2
142.9
2007.1
223.2
5.5
147.3
2141.7
247.3
9
10
11
12
3
4
5
6
Household sector
Nonfinancial corporate business
State and local governments
Rest of the world
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.
95
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
2027.3
2721.1
1921.8
1917.0
1881.3
1855.7
1874.1
1872.3
1902.8
1951.5
2006.5
1750.2
1947.9
1650.3
1671.1
1650.6
1655.6
1692.8
1706.7
1758.0
1823.0
1878.0
99.7
621.1
926.5
102.8
1.9
30.2
70.8
117.7
676.1
1046.1
107.9
2.6
33.0
72.4
147.8
475.9
929.8
96.8
3.2
27.9
65.8
226.4
474.9
872.7
97.2
3.0
30.4
63.8
237.5
464.2
848.2
100.6
3.3
33.1
64.3
256.3
460.1
831.6
107.7
3.5
34.1
70.0
263.2
468.6
845.9
115.1
4.3
39.7
71.2
251.0
476.3
852.3
127.1
4.2
45.7
77.1
271.7
486.3
869.5
130.5
3.2
49.1
78.2
286.8
500.8
894.4
140.9
3.1
53.0
84.8
294.8
519.6
919.3
144.3
2.6
51.0
90.7
3
4
5
6
7
8
9
277.1
773.2
271.5
246.0
230.7
200.1
181.3
165.6
144.8
128.6
128.4
10
62.0
182.0
33.2
0.0
0.0
75.0
174.9
32.8
45.5
444.9
11.0
144.5
20.7
0.0
95.3
11.3
125.9
18.5
0.0
90.2
8.8
120.0
17.0
0.0
85.0
10.9
95.0
17.9
0.0
76.3
9.8
79.6
18.5
0.0
73.4
11.2
88.2
16.2
0.0
49.9
11.5
75.2
15.6
0.0
42.5
11.0
66.2
20.4
0.0
31.0
11.0
79.0
17.0
0.0
21.5
11
12
13
14
15
2027.3
2721.1
1921.8
1917.0
1881.3
1855.7
1874.1
1872.3
1902.8
1951.5
2006.5
16
0.0
1532.9
466.8
6.3
21.4
490.4
1670.8
531.9
8.2
19.7
142.8
1338.4
406.5
14.6
19.4
137.4
1340.2
403.9
17.1
18.4
127.5
1332.3
387.3
18.5
15.7
106.0
1328.6
386.7
18.6
15.9
98.1
1350.7
390.4
18.9
16.1
69.1
1354.6
405.7
26.9
16.0
55.3
1390.6
416.7
24.2
16.0
42.3
1443.0
424.7
24.8
16.6
30.5
1509.7
426.6
22.6
17.1
17
18
19
20
21
(1) Excludes bank 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.109.
96
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
2605.3
2711.7
2181.4
2087.8
2043.9
1983.5
1950.6
1912.8
1909.8
1905.1
1919.8
2
3
4
5
6
7
8
9
10
105.2
12.5
10.9
46.8
11.9
23.1
0.0
0.0
0.0
111.3
12.8
15.3
48.9
12.7
21.6
0.0
0.0
0.0
177.4
12.6
74.9
52.5
13.5
21.9
0.0
0.0
2.0
180.9
12.6
74.6
53.3
13.7
22.2
0.0
0.0
4.7
180.5
12.3
70.9
53.7
13.8
22.0
0.0
0.0
7.8
181.5
12.3
71.8
53.2
13.9
22.0
0.0
0.0
8.3
180.9
11.6
70.6
53.0
14.4
22.1
0.0
0.0
9.2
183.1
11.6
71.9
53.6
14.5
22.2
0.0
0.0
9.3
180.2
11.4
67.9
54.7
14.7
21.9
0.0
0.0
9.7
182.0
11.4
68.6
55.1
15.0
22.1
0.0
0.0
9.8
184.1
11.2
70.1
55.9
15.3
21.8
0.0
0.0
9.8
2
3
4
5
6
7
8
9
10
11
12
271.5
271.5
207.3
207.3
182.5
182.5
185.6
185.6
197.4
197.4
163.1
163.1
160.4
160.4
162.3
162.3
181.9
181.9
195.0
195.0
202.6
202.6
11
12
13
14
15
16
0.0
0.5
0.2
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
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
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
73.7
36.9
36.9
80.1
40.0
40.0
65.6
32.8
32.8
65.3
32.6
32.6
64.4
32.2
32.2
71.1
35.6
35.6
72.0
36.0
36.0
72.2
36.1
36.1
65.8
32.9
32.9
69.0
34.5
34.5
69.7
34.8
34.8
17
18
19
20
21
22
26.9
13.4
13.4
29.6
14.8
14.8
32.3
16.2
16.2
31.3
15.6
15.6
32.5
16.3
16.3
33.2
16.6
16.6
33.1
16.5
16.5
31.5
15.8
15.8
32.9
16.5
16.5
34.3
17.2
17.2
32.8
16.4
16.4
20
21
22
23
24
25
114.5
0.6
113.9
120.4
0.6
119.8
121.1
0.5
120.6
121.7
0.5
121.2
122.4
0.5
121.9
123.5
0.5
123.0
124.5
0.5
124.0
124.8
0.5
124.3
125.5
0.5
125.0
126.4
0.5
126.0
126.8
0.5
126.4
23
24
25
26
27
28
29
30
31
32
33
942.6
0.0
9.5
66.0
455.2
350.9
32.3
28.7
980.7
0.0
5.8
74.5
526.3
278.7
40.6
54.9
695.9
0.0
5.3
74.7
402.0
139.1
26.5
48.3
634.5
0.0
5.3
72.4
357.0
128.8
25.4
45.6
599.1
0.0
4.8
71.7
327.6
124.4
25.0
45.6
561.6
0.0
5.8
76.1
289.0
120.2
25.2
45.3
551.3
0.0
6.9
80.3
277.9
114.9
26.1
45.1
522.8
0.0
8.1
81.5
256.4
107.6
23.7
45.5
500.2
0.0
6.9
78.2
243.7
102.5
22.8
46.2
479.8
0.0
5.7
75.2
228.7
100.0
23.7
46.4
479.8
0.0
6.1
77.7
235.0
90.0
24.1
46.9
26
27
28
29
30
31
32
33
34
35
93.7
93.7
78.1
78.1
54.4
54.4
37.7
37.7
37.2
37.2
40.6
40.6
37.2
37.2
33.4
33.4
33.1
33.1
33.0
33.0
32.9
32.9
34
35
36
37
38
523.0
470.7
52.3
539.9
485.9
54.0
448.9
404.0
44.9
447.5
402.8
44.8
439.2
395.3
43.9
445.7
401.2
44.6
441.0
396.9
44.1
439.7
395.8
44.0
429.1
386.2
42.9
428.1
385.3
42.8
433.8
390.4
43.4
36
37
38
39
40
41
42
43
44
45
453.8
17.6
31.9
82.4
248.3
52.8
20.8
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
383.3
25.7
18.9
73.7
191.9
52.1
21.0
371.2
25.9
18.2
74.3
181.8
50.1
20.8
363.1
26.4
17.7
75.9
173.6
48.7
20.8
350.2
26.2
16.7
74.6
163.8
47.4
21.4
342.9
25.8
15.8
88.6
147.2
46.9
18.7
361.1
24.9
16.9
97.0
157.2
46.7
18.4
357.5
24.7
16.7
96.0
155.6
46.2
18.3
357.3
24.7
16.7
96.0
155.5
46.2
18.2
39
40
41
42
43
44
45
(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 banks and finance companies which are included elsewhere.
97
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
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
14518.2
14608.9
14327.3
14153.3
14037.8
13915.2
13813.0
13714.0
13632.6
13551.6
13492.6
11173.1
784.6
2447.9
112.7
11070.1
837.7
2566.4
134.7
10870.9
847.0
2478.1
131.3
10732.5
842.4
2445.9
132.5
10665.5
838.8
2399.8
133.8
10586.1
839.6
2354.5
135.0
10526.6
837.7
2312.5
136.3
10452.7
837.4
2288.7
135.3
10397.5
837.3
2263.5
134.3
10337.5
838.7
2242.2
133.2
10290.7
840.8
2228.9
132.2
2
3
4
5
14518.2
14608.9
14327.3
14153.3
14037.8
13915.2
13813.0
13714.0
13632.6
13551.6
13492.6
10749.7
10697.4
10545.2
10419.0
10363.2
10288.9
10232.3
10164.5
10114.8
10058.5
10014.7
3611.8
928.8
2683.0
3748.0
878.1
2869.9
3615.2
757.9
2857.3
3567.2
744.9
2822.3
3507.0
726.0
2781.1
3458.0
708.7
2749.3
3413.6
686.2
2727.4
3380.6
665.5
2715.1
3344.3
640.7
2703.6
3318.6
624.7
2693.8
3303.7
619.9
2683.8
8
9
10
0.0
156.7
0.0
163.5
0.0
166.9
0.0
167.1
0.0
167.6
0.0
168.3
0.0
167.1
0.0
168.9
0.0
173.5
0.0
174.5
0.0
174.3
11
12
14518.2
14608.9
14327.3
14153.3
14037.8
13915.2
13813.0
13714.0
13632.6
13551.6
13492.6
13
14
15
16
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
109.8
41.4
42.1
111.2
33.6
39.1
101.5
29.5
37.9
99.9
28.5
37.3
96.5
27.5
36.8
93.4
26.5
36.4
90.2
25.4
36.4
87.6
24.4
36.3
84.3
23.4
36.4
82.4
22.4
36.5
78.9
21.3
36.6
14
15
16
17
18
167.3
82.4
163.3
95.8
171.8
108.4
179.0
107.1
177.1
108.4
176.8
106.6
176.1
106.6
176.1
107.8
174.9
109.3
172.5
109.3
172.4
110.6
17
18
19
20
21
22
23
3564.6
39.0
40.8
1094.0
281.5
3754.7
44.2
42.6
860.6
314.7
3738.6
37.8
42.3
633.3
317.9
3681.9
37.9
41.6
629.3
320.1
3634.1
36.2
36.5
619.3
322.6
3603.0
35.3
36.1
617.8
324.4
3580.1
35.4
35.8
614.8
320.8
3482.3
33.8
34.8
600.2
323.5
3455.0
33.0
33.9
590.9
324.0
3448.8
33.7
33.4
589.4
323.8
3462.2
32.8
33.4
586.2
330.4
19
20
21
22
23
24
25
26
27
4.8
326.2
10.2
9.7
5.0
342.4
11.1
9.4
4.4
326.1
13.6
9.3
4.3
321.4
14.6
9.4
4.2
317.9
15.7
9.3
4.2
318.2
15.2
9.4
4.1
317.5
15.0
9.4
4.1
318.4
14.2
9.2
4.3
323.1
13.4
9.2
4.6
329.2
12.5
9.3
4.7
333.2
13.2
9.3
24
25
26
27
28
29
30
643.1
4464.4
2942.0
705.3
4961.4
2590.4
707.7
5376.7
2224.7
5104.4
980.2
2123.4
5084.4
1046.5
2048.7
5035.8
1096.0
1975.0
5021.0
1139.5
1898.9
5054.6
1187.0
1845.9
5018.4
1236.0
1784.6
4964.6
1277.3
1732.8
4928.2
1302.1
1677.1
28
29
30
31
32
Finance companies
REITs
531.9
123.1
447.9
76.3
397.4
48.3
386.9
46.4
371.1
45.0
361.2
43.9
344.2
41.9
331.0
42.7
319.5
58.8
311.2
58.0
303.2
56.7
31
32
(1) FHLB loans to savings institutions are included in other loans and advances.
98
1
2
3
4
5
Total liabilities
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
11173.1
11070.1
10870.9
10732.5
10665.5
10586.1
10526.6
10452.7
10397.5
10337.5
10290.7
10545.7
42.2
585.1
10496.5
32.7
540.9
10351.2
20.3
499.4
10227.5
18.4
486.6
10175.3
15.9
474.3
10104.6
14.8
466.7
10050.9
13.6
462.1
9984.9
12.4
455.4
9936.9
11.4
449.2
9882.4
10.7
444.4
9840.5
10.2
440.0
2
3
4
11173.1
11070.1
10870.9
10732.5
10665.5
10586.1
10526.6
10452.7
10397.5
10337.5
10290.7
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
90.8
25.0
15.4
91.2
20.2
14.3
83.2
17.7
13.9
81.2
17.1
13.6
79.2
16.5
13.5
77.2
15.9
13.3
75.2
15.3
13.3
73.2
14.6
13.3
71.2
14.0
13.3
69.2
13.4
13.4
67.2
12.8
13.4
6
7
8
9
10
85.7
13.7
83.8
16.4
88.2
22.1
91.8
23.2
90.9
23.9
90.5
23.6
89.8
23.9
89.7
24.3
89.1
24.9
87.8
24.5
87.8
24.8
9
10
11
12
13
14
15
2189.0
0.0
21.5
879.0
281.5
2217.3
7.0
22.9
666.3
314.7
2238.0
0.9
22.6
448.6
317.9
2198.8
1.1
22.3
444.5
320.1
2175.6
1.1
20.8
438.7
322.6
2173.2
1.1
20.5
437.0
324.4
2183.6
1.1
20.1
430.5
320.8
2108.6
1.1
18.8
419.3
323.5
2097.2
1.1
18.2
412.8
324.0
2111.2
1.3
17.9
410.9
323.8
2132.3
1.3
17.8
407.0
330.4
11
12
13
14
15
16
17
18
9.4
1.2
3.5
8.6
1.3
3.4
6.4
2.0
3.3
5.6
2.0
3.4
5.6
2.2
3.4
5.8
2.0
3.4
6.2
1.9
3.4
6.3
1.7
3.3
6.7
1.7
3.3
7.2
1.6
3.4
7.5
1.6
3.4
16
17
18
19
20
21
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
ABS issuers
447.9
4371.8
2184.4
456.6
4864.0
1872.5
445.4
5266.5
1554.0
4795.6
920.7
1463.5
4774.8
982.5
1402.2
4722.8
1028.5
1343.1
4701.5
1068.8
1281.9
4735.8
1112.5
1227.6
4701.4
1155.7
1178.9
4646.2
1194.5
1132.6
4608.4
1216.9
1087.9
19
20
21
22
23
Finance companies
REITs
472.7
80.7
375.4
34.3
327.7
12.6
317.0
11.0
303.3
8.9
295.3
8.7
280.6
8.9
270.0
9.0
261.4
22.6
254.7
24.0
247.2
23.0
22
23
1131.8
692.3
0.0
180.5
94.1
70.4
94.5
1115.0
775.2
0.8
119.5
98.7
45.7
75.1
1032.7
761.5
0.3
80.0
94.6
30.9
65.5
1013.9
751.2
0.3
78.4
92.7
27.9
63.4
996.1
741.0
0.3
76.6
91.8
25.8
60.7
975.9
726.6
0.3
75.5
90.3
24.2
59.1
950.2
709.3
0.3
74.0
88.2
22.3
56.1
926.0
692.1
0.3
72.3
86.6
20.7
54.0
904.8
677.2
0.3
70.6
84.9
19.6
52.3
888.6
666.1
0.3
68.8
83.8
18.6
50.9
873.0
655.5
0.3
67.6
82.7
17.7
49.4
24
25
26
27
28
29
30
6
7
8
24
25
26
27
28
29
30
Total assets
2008
Memo:
Home equity loans included above (2)
U.S.-chartered commercial banks
Foreign banking offices in U.S.
Savings institutions
Credit unions
ABS issuers
Finance companies
Total liabilities
784.6
837.7
847.0
842.4
838.8
839.6
837.7
837.4
837.3
838.7
840.8
38.1
723.8
40.6
772.0
41.0
779.1
40.8
774.6
40.6
771.1
40.6
771.3
40.5
769.5
40.5
769.8
40.5
769.6
40.6
770.7
40.7
772.8
2
3
0.0
22.7
0.0
25.1
0.0
26.8
0.0
27.1
0.0
27.1
0.0
27.7
0.0
27.7
0.0
27.1
0.0
27.2
0.0
27.4
0.0
27.4
4
5
784.6
837.7
847.0
842.4
838.8
839.6
837.7
837.4
837.3
838.7
840.8
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
0.0
0.6
14.3
0.0
0.5
13.3
0.0
0.5
12.9
0.0
0.4
12.7
0.0
0.4
12.5
0.0
0.4
12.4
0.0
0.4
12.3
0.0
0.4
12.3
0.0
0.4
12.4
0.0
0.3
12.4
0.0
0.3
12.4
7
8
9
10
11
67.2
14.4
65.7
14.5
69.2
14.7
72.0
14.5
71.3
14.5
71.2
14.3
70.9
14.4
71.1
14.3
70.6
14.1
69.6
14.1
69.6
14.1
10
11
12
13
14
168.4
0.0
92.7
210.8
4.3
65.2
207.1
4.0
59.9
205.6
4.0
60.3
203.2
4.0
58.7
200.5
3.8
59.5
193.7
3.5
61.2
190.3
3.5
61.2
189.3
3.2
61.0
186.9
2.9
61.7
186.2
2.9
62.1
12
13
14
15
16
17
51.8
2.1
2.9
51.8
2.4
2.8
48.5
2.7
2.8
47.9
3.0
2.8
47.4
3.3
2.8
47.4
3.2
2.8
47.2
3.1
2.8
47.4
3.1
2.8
48.1
2.9
2.8
49.0
2.7
2.8
49.6
2.9
2.8
15
16
17
18
19
20
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
ABS issuers
147.7
88.1
124.0
190.2
92.8
113.2
204.4
105.7
107.4
249.7
56.1
106.5
249.2
60.1
104.8
251.3
63.7
102.7
256.5
66.9
98.7
256.1
71.3
98.0
254.6
77.1
95.4
256.4
81.1
93.5
258.3
83.5
91.1
18
19
20
21
22
Finance companies
REITs
5.1
5.2
5.8
4.3
5.1
2.3
4.7
2.1
4.5
2.1
4.4
2.0
4.1
1.9
3.8
1.8
3.6
1.8
3.4
1.7
3.3
1.7
21
22
2
3
4
5
Federal government
REITs
6
7
8
9
Total assets
99
1
2
3
4
5
6
Total liabilities
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
REITs
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
2447.9
2566.4
2478.1
2445.9
2399.8
2354.5
2312.5
2288.7
2263.5
2242.2
2228.9
204.0
825.6
1284.3
134.0
200.9
776.0
1451.1
138.4
194.0
667.1
1476.9
140.1
191.5
655.7
1458.7
140.0
187.9
638.8
1432.5
140.5
184.3
622.1
1407.5
140.7
181.4
600.2
1391.4
139.4
179.6
580.5
1386.7
141.8
177.9
556.6
1382.7
146.3
176.1
541.1
1377.8
147.1
174.1
536.6
1371.3
146.9
2
3
4
5
2447.9
2566.4
2478.1
2445.9
2399.8
2354.5
2312.5
2288.7
2263.5
2242.2
2228.9
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
19.1
15.8
11.5
20.0
13.0
10.7
19.2
11.4
10.4
18.8
11.0
10.2
18.2
10.6
10.1
17.5
10.2
10.0
16.7
9.8
10.0
15.8
9.4
10.0
14.8
9.0
10.0
13.6
8.6
10.0
12.4
8.2
10.1
7
8
9
10
11
13.4
51.0
13.1
61.4
13.8
67.8
14.4
65.4
14.3
66.0
14.5
64.5
14.7
64.1
14.6
64.9
14.5
66.0
14.3
66.3
14.3
67.2
10
11
12
13
14
15
1165.3
39.0
19.3
121.5
1276.0
32.8
19.7
128.1
1243.5
32.9
19.6
123.9
1226.9
32.7
19.3
123.6
1204.3
31.1
15.7
121.1
1177.9
30.4
15.6
120.5
1151.0
30.8
15.7
122.2
1131.9
29.2
16.1
118.8
1117.4
28.7
15.7
116.2
1100.0
29.5
15.4
115.8
1093.3
28.5
15.6
116.0
12
13
14
15
16
17
18
19
4.8
252.2
6.8
3.3
5.0
267.1
7.4
3.2
4.4
257.7
8.9
3.2
4.3
254.6
9.6
3.2
4.2
251.8
10.2
3.2
4.2
252.0
10.0
3.2
4.1
251.3
9.9
3.2
4.1
252.1
9.4
3.1
4.3
255.8
8.8
3.1
4.6
260.6
8.2
3.2
4.7
263.8
8.7
3.2
16
17
18
19
20
21
0.0
633.6
0.0
604.7
0.0
563.3
0.0
553.5
0.0
541.8
0.0
529.2
0.0
518.3
0.0
520.2
0.0
510.3
0.0
506.6
0.0
498.1
20
21
22
23
Finance companies
REITs
54.0
37.3
66.6
37.7
64.6
33.4
65.2
33.3
63.3
34.0
61.6
33.2
59.5
31.2
57.2
31.9
54.5
34.5
53.1
32.4
52.7
32.0
22
23
7
8
9
Total assets
2008
Total liabilities
Nonfinancial corporate business
Nonfinancial noncorporate business
Total assets
5
6
Household sector
Nonfinancial noncorporate business
7
8
112.7
134.7
131.3
132.5
133.8
135.0
136.3
135.3
134.3
133.2
132.2
22.8
89.9
28.8
105.9
29.5
101.8
30.0
102.5
30.6
103.2
31.2
103.8
31.9
104.3
32.1
103.2
32.2
102.1
32.3
100.9
32.5
99.7
2
3
112.7
134.7
131.3
132.5
133.8
135.0
136.3
135.3
134.3
133.2
132.2
-0.0
0.8
0.0
0.8
-0.9
0.8
-0.1
0.7
-0.9
0.7
-1.3
0.7
-1.7
0.7
-1.4
0.7
-1.7
0.7
-0.5
0.7
-0.7
0.7
5
6
1.0
3.3
0.7
3.5
0.7
3.9
0.7
4.0
0.7
4.0
0.7
4.2
0.7
4.3
0.7
4.2
0.7
4.3
0.7
4.4
0.7
4.5
7
8
9
10
11
41.9
0.0
0.9
50.6
0.1
0.9
50.1
0.0
0.9
50.5
0.0
0.9
51.0
0.0
0.9
51.4
0.0
0.9
51.9
0.0
0.9
51.5
0.0
0.9
51.1
0.0
0.9
50.7
0.0
0.9
50.3
0.0
1.0
9
10
11
12
13
12.8
0.0
15.0
0.0
13.5
0.0
13.3
0.0
13.1
0.0
12.9
0.0
12.8
0.0
12.7
0.0
12.6
0.0
12.5
0.0
12.4
0.0
12
13
14
15
Government-sponsored enterprises
Agency- and GSE-backed mortgage pools
47.6
4.5
58.5
4.7
57.9
4.5
59.1
3.3
60.4
3.8
61.6
3.8
63.0
3.8
62.7
3.2
62.4
3.2
62.0
1.7
61.5
1.7
14
15
100
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
2555.3
2594.1
2478.9
2406.1
2387.5
2407.8
2434.7
2401.9
2424.3
2466.7
2521.0
Total assets
2555.3
2594.1
2478.9
2406.1
2387.5
2407.8
2434.7
2401.9
2424.3
2466.7
2521.0
58.6
0.0
98.4
59.8
0.0
111.0
57.2
0.0
186.0
53.5
0.0
209.8
52.8
0.0
222.6
52.4
0.0
280.3
56.0
0.0
316.4
52.8
0.0
355.2
53.1
0.0
370.1
53.1
0.0
406.1
57.0
0.0
425.1
3
4
5
3
4
5
6
7
8
804.1
90.8
235.7
878.6
86.3
236.2
855.3
77.5
237.2
1149.2
78.0
228.0
1133.7
80.6
225.8
1115.2
82.1
224.9
1098.7
86.8
226.5
1058.9
84.7
218.1
1072.3
87.4
220.9
1073.8
89.3
223.9
1100.6
92.0
223.0
6
7
8
9
10
11
Government-sponsored enterprises
ABS issuers
Finance companies
0.0
683.7
584.1
0.0
646.4
575.8
0.0
577.9
487.8
0.0
150.7
536.9
0.0
144.8
527.2
0.0
136.6
516.3
0.0
131.7
518.6
0.0
122.4
509.8
0.0
118.7
501.8
0.0
116.1
504.3
0.0
116.9
506.3
9
10
11
Household sector
3
4
5
6
7
8
3398.0
3228.0
3204.2
3277.4
3313.7
3387.6
3403.0
3477.3
3553.4
3618.8
3679.0
214.5
236.7
252.7
258.0
263.3
268.7
274.1
279.1
282.6
286.0
288.2
1897.9
374.9
553.5
238.2
1672.7
380.7
592.7
260.8
1587.5
388.3
630.4
204.6
1634.4
385.1
639.9
218.0
1657.7
379.7
649.5
227.4
1712.9
372.6
659.1
226.8
1748.5
368.3
668.8
226.7
1795.0
368.3
678.6
242.6
1862.2
371.0
688.5
249.3
1915.0
374.7
698.4
253.9
1973.1
374.2
708.2
255.3
3
4
5
6
73.1
45.8
63.2
21.2
70.6
70.1
79.7
62.2
84.0
52.0
92.3
55.1
98.4
18.1
95.1
18.5
80.4
19.3
74.5
16.4
65.8
14.2
7
8
3279.9
3097.1
2995.9
3055.7
3151.7
3186.1
3135.9
3224.7
3327.4
3371.5
3327.9
2253.0
525.6
2081.1
522.7
2050.5
496.3
2104.5
487.9
2203.3
481.5
2241.3
476.8
2189.8
476.1
2275.9
476.0
2373.8
476.4
2408.3
477.9
2366.2
479.7
10
11
10
11
12
13
14
159.9
60.6
83.6
156.4
64.7
90.1
164.6
43.6
96.7
171.5
45.0
106.8
169.7
42.0
114.4
172.1
42.7
111.9
175.4
42.9
116.1
174.2
44.7
115.9
173.0
47.0
117.8
170.7
46.7
131.7
170.7
44.8
132.4
12
13
14
15
16
85.4
111.7
86.7
95.5
83.0
61.3
84.8
55.1
86.7
54.1
87.1
54.2
83.8
51.8
84.4
53.6
88.2
51.1
88.7
47.5
86.7
47.5
15
16
118.1
130.9
208.3
221.7
162.0
201.4
267.1
252.6
226.0
247.3
351.1
17
17
Discrepancy
Total liabilities
2
3
Household sector
Rest of the world
4
5
6
7
Total assets
1526.4
1128.5
1091.2
1108.8
1146.1
1173.7
1214.8
1258.1
1323.8
1380.9
1312.4
325.5
0.0
164.8
0.0
203.0
0.0
196.4
0.0
217.0
0.0
233.7
0.0
278.2
0.0
315.7
0.0
312.8
0.0
251.9
0.0
238.5
0.0
2
3
1200.9
866.4
145.9
188.6
963.6
742.7
158.6
62.3
888.2
668.6
158.0
61.6
912.4
680.0
160.0
72.3
929.1
686.0
164.5
78.6
940.0
696.8
144.1
99.2
936.6
694.3
152.3
90.1
942.3
703.3
152.1
86.9
1011.0
757.7
163.2
90.1
1128.9
804.9
186.9
137.2
1073.9
752.3
189.8
131.7
4
5
6
7
1526.4
1128.5
1091.2
1108.8
1146.1
1173.7
1214.8
1258.1
1323.8
1380.9
1312.4
9
10
Household sector
Rest of the world
866.4
0.0
742.7
0.0
668.6
0.0
680.0
0.0
686.0
0.0
696.8
0.0
694.3
0.0
703.3
0.0
757.7
0.0
804.9
0.0
752.3
0.0
9
10
11
12
13
145.9
188.6
325.5
158.6
62.3
164.8
158.0
61.6
203.0
160.0
72.3
196.4
164.5
78.6
217.0
144.1
99.2
233.7
152.3
90.1
278.2
152.1
86.9
315.7
163.2
90.1
312.8
186.9
137.2
251.9
189.8
131.7
238.5
11
12
13
101
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Total liabilities
Federal government
Life insurance companies
Net change in assets
Households
U.S.-chartered commercial banks
Bank holding companies
1201.5
1179.8
1242.1
1249.5
1235.7
1261.9
1278.3
1297.8
1311.2
1318.5
1338.9
45.4
1156.1
46.4
1133.4
47.5
1194.5
47.4
1202.1
47.6
1188.1
47.8
1214.1
48.4
1229.9
48.5
1249.3
48.9
1262.3
49.2
1269.2
49.7
1289.3
2
3
1201.5
1179.8
1242.1
1249.5
1235.7
1261.9
1278.3
1297.8
1311.2
1318.5
1338.9
1076.8
104.3
20.5
1049.8
110.7
19.3
1109.2
111.5
21.4
1115.4
112.1
22.0
1098.5
112.8
24.3
1122.8
114.4
24.7
1137.2
116.0
25.1
1155.3
117.3
25.1
1167.8
118.4
25.0
1172.6
119.3
26.5
1190.6
120.8
27.6
5
6
7
13390.7
10408.5
11914.5
12291.0
11610.2
12331.9
13088.3
13483.5
13412.8
12466.6
13160.9
Total liabilities
9
10
2450.8
6444.8
2184.6
4588.0
2323.0
5507.4
2371.5
5745.0
2305.3
5352.4
2406.1
5765.0
2504.7
6134.3
2565.6
6363.6
2586.6
6368.8
2513.1
5754.4
2568.0
6117.3
9
10
11
12
3297.9
1197.2
2414.7
1221.2
2759.8
1324.4
2856.7
1317.7
2641.4
1311.0
2815.4
1345.5
3024.0
1425.3
3131.3
1423.1
3116.3
1341.1
2771.4
1427.6
2965.8
1509.7
11
12
13390.7
10408.5
11914.5
12291.0
11610.2
12331.9
13088.3
13483.5
13412.8
12466.6
13160.9
13
13
167.7
44.0
40.6
49.5
43.7
53.9
51.8
78.2
66.5
68.6
72.1
2
3
35.8
99.5
39.0
106.2
35.7
99.9
49.5
97.7
43.9
96.1
47.1
94.9
39.1
94.7
57.3
94.7
47.0
94.8
53.0
95.2
48.2
95.6
2
3
4
5
11.1
1.3
-74.6
1.0
-67.5
1.3
-73.6
1.6
-64.6
1.1
-64.8
1.0
-60.6
1.0
-56.4
1.5
-51.2
0.9
-47.9
1.0
-50.5
1.3
4
5
6
7
7.0
-4.7
-21.1
-24.4
-15.8
-31.4
-12.6
-30.0
-19.1
-30.6
-15.7
-27.7
-10.1
-28.8
-7.9
-27.9
-13.1
-29.1
-19.4
-30.3
-14.1
-23.6
6
7
8
9
Finance companies
Brokers and dealers
15.5
2.2
15.4
2.5
12.7
5.7
12.6
4.4
12.6
4.4
12.8
6.4
12.9
3.6
12.8
4.2
12.8
4.3
13.3
3.7
12.9
2.1
8
9
342.5
389.3
416.1
420.9
429.9
442.4
448.9
458.2
466.8
463.0
474.0
10
237.5
105.0
269.8
119.4
280.9
135.1
281.8
139.1
286.9
143.0
295.5
146.9
298.0
150.8
303.5
154.8
308.2
158.7
300.4
162.6
307.5
166.5
11
12
-174.8
-345.3
-375.5
-371.4
-386.2
-388.5
-397.1
-380.0
-400.3
-394.5
-401.9
13
10
11
12
13
8951.2
7314.6
6428.9
6632.6
7004.3
6717.7
7162.7
7169.3
7145.0
7525.8
7298.7
8939.6
11.6
7305.1
9.5
6416.8
12.1
6618.4
14.2
6990.3
14.0
6704.7
13.0
7149.0
13.8
7155.9
13.4
7131.9
13.1
7514.1
11.7
7288.4
10.4
2
3
102
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
17441.8
19846.9
19678.3
19623.7
20415.9
20149.4
20433.6
20318.7
20416.6
21639.8
21267.7
2
3
4
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
23.9
4048.6
1100.0
27.0
4243.9
1214.3
22.1
4222.2
1247.4
24.6
4167.2
1255.5
25.5
4165.6
1263.1
22.6
4160.7
1271.0
24.7
4136.0
1279.2
25.2
4084.1
1287.9
25.6
3986.4
1298.1
24.4
3849.6
1309.5
24.3
3775.5
1321.9
2
3
4
5
6
Federal government
Rest of the world
1094.2
4942.4
1183.5
5813.9
1261.6
5669.2
1243.8
5747.8
1249.1
6396.8
1269.6
5924.5
1349.4
6323.8
1335.1
6342.1
1242.0
6481.8
1358.1
7514.8
1438.3
7116.5
5
6
7
8
9
10
11
12
13
Monetary authority
U.S.-chartered commercial banks
Foreign banking offices in U.S.
Bank holding companies
Banks in U.S.-affiliated areas
Savings institutions
Credit unions
21.0
1103.1
299.6
328.3
26.2
102.4
3.6
23.1
1258.1
849.4
422.9
21.7
72.3
4.7
29.2
1409.2
431.3
548.0
25.0
21.8
19.4
28.7
1425.2
433.4
545.8
22.2
22.4
11.4
31.6
1513.7
533.8
543.0
26.1
20.3
12.0
29.7
1590.5
628.8
553.6
21.6
20.5
12.4
58.4
1518.2
438.7
514.2
20.0
20.2
11.0
29.3
1510.8
480.7
525.6
18.8
20.5
11.6
27.0
1590.3
542.4
523.9
17.2
19.6
12.2
27.7
1637.7
737.6
513.8
20.2
22.7
11.5
31.7
1634.6
697.7
476.6
14.8
22.5
11.9
7
8
9
10
11
12
13
14
15
811.1
1010.6
811.0
905.0
832.6
985.6
831.2
1012.6
839.9
1049.3
844.6
1074.7
844.6
1089.8
845.8
1115.5
857.4
1109.1
864.6
1089.2
850.7
1115.4
14
15
16
17
Government-sponsored enterprises
Finance companies
171.1
654.4
208.2
664.8
270.4
573.6
222.3
571.0
171.8
568.7
137.3
570.4
154.6
561.7
140.5
550.0
137.7
556.9
130.7
567.4
138.0
553.2
16
17
18
19
20
REITs
Brokers and dealers
Funding corporations
67.6
558.4
1075.3
64.9
441.4
1616.7
51.1
460.1
1598.7
65.0
478.5
1515.1
68.9
447.8
1488.8
67.6
477.1
1472.5
66.0
497.5
1525.5
70.1
493.7
1431.4
72.9
510.6
1405.5
75.6
477.5
1407.3
78.5
496.5
1469.2
18
19
20
24589.6
24654.0
24976.5
25045.0
25597.0
25684.1
25799.7
25746.6
25904.0
26803.4
26790.9
21
21
Total liabilities
2008
Total assets
22
23
24
Household sector
Nonfinancial corporate business
Nonfinancial noncorporate business
712.2
9877.0
2014.3
766.3
9358.3
2121.8
787.1
9533.1
2040.0
788.1
9698.2
2006.2
798.4
9736.8
1980.3
811.9
9860.1
1961.6
830.6
10080.3
1958.4
832.3
10143.1
1958.6
834.1
10205.6
1961.3
852.3
10226.1
1967.6
864.1
10501.5
1973.3
22
23
24
25
26
27
-26.7
138.7
4484.6
-13.0
110.8
4138.7
4.3
145.8
4116.2
50.1
147.2
4095.3
60.8
130.5
4600.7
58.8
136.8
4453.6
53.2
141.4
4557.5
34.3
141.0
4408.5
25.3
142.7
4472.9
22.1
143.2
5064.7
3.6
144.9
4724.4
25
26
27
28
29
30
31
32
33
34
Monetary authority
U.S.-chartered commercial banks
Foreign banking offices in U.S.
Bank holding companies
Banks in U.S.-affiliated areas
Savings institutions
Credit unions
40.5
780.5
-104.9
1803.2
12.1
115.5
35.9
569.8
1118.9
259.7
1986.4
11.1
90.0
44.2
75.9
947.4
143.9
2779.7
6.5
83.8
50.6
68.2
910.2
135.8
2751.7
7.5
82.7
43.5
68.6
950.7
229.5
2787.4
13.3
80.4
40.8
67.2
918.0
197.2
2839.6
12.1
78.9
47.9
83.1
866.4
148.7
2715.8
11.0
75.8
41.9
92.8
870.1
182.6
2759.7
10.9
77.6
42.8
105.0
869.7
252.0
2768.6
11.9
76.7
20.5
104.6
935.1
374.8
2767.1
16.7
78.4
23.4
225.8
881.1
371.8
2766.8
11.8
76.2
13.0
28
29
30
31
32
33
34
35
36
37
38
39
121.1
342.9
567.1
15.7
952.0
102.6
380.1
426.5
15.7
1015.3
128.0
357.6
533.3
16.2
1077.2
129.9
361.9
545.5
16.3
1060.6
128.6
389.4
519.2
16.5
1064.8
131.8
389.0
543.5
16.9
1081.5
143.1
360.3
549.4
17.0
1142.9
140.6
341.0
559.1
17.3
1128.8
142.6
355.0
554.1
17.3
1042.1
142.5
348.7
503.7
18.0
1149.3
146.3
326.2
536.8
18.2
1213.7
35
36
37
38
39
40
41
42
90.9
16.8
141.7
47.9
20.0
99.1
59.1
14.9
100.3
54.8
8.3
129.5
58.1
2.8
120.1
59.8
-4.1
146.4
66.9
2.9
148.6
65.2
5.5
108.8
64.0
13.4
109.2
68.3
14.4
154.0
72.7
14.4
147.0
40
41
42
43
44
45
46
Finance companies
REITs
Brokers and dealers
Funding corporations
18.2
55.4
1633.7
751.5
30.0
54.6
1105.7
793.5
61.9
46.1
1141.0
726.3
45.3
48.6
1148.1
711.7
52.2
54.5
1047.3
665.2
46.5
58.8
1062.2
708.0
46.0
53.5
1025.3
679.8
53.5
59.6
1005.5
707.4
57.3
63.3
1026.2
713.1
63.6
65.0
1004.5
695.5
58.3
64.3
932.0
702.6
43
44
45
46
-7147.8
-4807.1
-5298.2
-5421.3
-5181.1
-5534.7
-5366.2
-5427.8
-5487.4
-5163.6
-5523.2
47
47
Discrepancy
103
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
3553.1
2892.9
150.3
121.1
25.6
177.9
185.3
3748.5
3011.1
201.5
102.6
25.0
221.0
187.4
4067.5
3294.0
241.2
128.0
28.1
204.9
171.4
4184.1
3404.4
239.3
129.9
28.7
203.8
178.0
4260.2
3471.6
243.2
128.6
29.8
207.1
179.9
4345.7
3545.5
243.9
131.8
30.1
212.0
182.3
4429.4
3585.2
257.1
143.1
32.1
224.6
187.4
4528.1
3681.6
259.1
140.6
32.2
225.3
189.3
4673.1
3815.2
259.2
142.6
33.7
231.4
191.0
4752.5
3894.1
253.2
142.5
35.7
234.1
192.9
4819.8
3950.4
251.2
146.3
38.4
239.4
194.0
1
2
3
4
5
6
7
1961.9
3.6
94.2
76.6
68.7
68.6
62.6
9.6
2050.3
3.6
71.7
51.2
60.3
78.1
72.1
10.2
2025.8
4.0
104.9
77.8
68.9
75.0
74.5
10.8
2070.8
4.3
108.3
77.3
70.3
75.3
75.7
11.0
2099.2
4.3
110.6
79.3
71.7
75.7
76.9
11.1
2166.0
4.3
113.1
79.5
73.3
77.3
87.7
11.3
2175.2
4.3
111.3
83.5
86.8
83.6
103.0
11.4
2199.5
4.3
115.2
85.1
81.8
84.7
104.7
11.6
2247.7
4.3
118.6
83.5
80.8
87.6
108.6
11.7
2320.1
4.3
125.0
83.2
78.7
87.1
112.6
11.9
2373.6
4.4
131.6
80.7
77.0
88.9
115.9
12.0
8
9
10
11
12
13
14
15
16
2345.9
2397.4
2441.7
2492.9
2528.7
2612.6
2658.9
2686.7
2742.9
2822.9
2884.0
16
46.9
46.9
48.3
48.3
50.0
50.0
50.4
50.4
51.8
51.8
52.1
52.1
52.3
52.3
52.9
52.9
54.3
54.3
54.7
54.7
56.1
56.1
17
18
18.5
18.5
21.1
21.1
25.6
25.6
26.3
26.3
26.6
26.6
26.7
26.7
26.5
26.5
26.3
26.3
26.5
26.5
26.0
26.0
26.9
26.9
19
20
19
20
21
56.0
51.8
51.8
51.0
50.5
50.6
49.0
48.6
44.2
43.5
43.1
21
22
23
24
25
26
27
28
0.7
5.0
0.0
26.7
18.8
2.5
2.2
0.4
6.4
0.0
25.6
13.4
2.8
3.2
0.5
6.3
0.0
24.7
15.0
2.4
2.9
0.5
6.4
0.0
24.1
15.0
2.4
2.8
0.4
6.4
0.0
23.7
14.8
2.4
2.9
0.5
6.7
0.0
24.0
14.0
2.4
2.9
0.6
6.7
0.0
22.9
13.8
2.2
2.9
0.7
6.7
0.0
23.1
13.2
2.2
2.9
0.6
6.8
0.0
18.0
14.0
2.0
2.7
0.5
7.0
0.0
17.7
13.5
2.0
2.7
0.5
7.0
0.0
17.7
12.9
2.1
2.9
22
23
24
25
26
27
28
1197.8
10.9
43.7
239.9
49.9
1244.4
13.4
31.2
232.6
109.2
1413.5
24.0
40.5
209.3
635.3
1408.5
24.0
43.2
181.5
659.0
1431.6
23.7
46.9
179.0
661.0
1452.4
24.3
50.8
178.3
683.2
1366.8
23.0
62.7
173.1
634.6
1358.8
23.2
64.5
148.8
663.7
1399.6
22.7
67.4
154.9
610.4
1428.9
22.4
74.6
154.5
577.6
1426.3
21.7
72.0
154.7
593.4
29
30
31
32
33
34
1542.2
1630.9
2322.6
2316.1
2342.2
2389.0
2260.2
2259.0
2255.0
2258.0
2268.1
34
81.5
81.5
80.5
80.5
71.2
71.2
95.9
95.9
94.6
94.6
94.2
94.2
91.5
91.5
108.7
108.7
113.2
113.2
112.9
112.9
113.0
113.0
35
36
37
38
241.0
510.5
276.6
516.9
203.1
523.2
189.2
522.5
150.4
514.8
177.1
531.0
171.6
508.2
188.9
518.5
173.4
539.7
140.1
555.4
137.8
564.8
37
38
39
751.5
793.5
726.3
711.7
665.2
708.0
679.8
707.4
713.1
695.5
702.6
39
0.0
0.0
0.0
0.0
0.0
0.0
1.8
0.9
0.9
4.2
2.1
2.1
6.2
3.1
3.1
7.1
3.6
3.6
7.7
3.8
3.8
7.8
3.9
3.9
8.3
4.1
4.1
8.7
4.4
4.4
8.8
4.4
4.4
40
41
42
(1) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
104
2008
2009
2010
Q1
Q2
2011
Q3
Q4
Q1
Q2
Q3
Q4
24.5
0.5
24.0
554.2
0.5
553.7
10.9
0.7
10.3
0.7
0.7
0.0
2.1
0.8
1.2
0.9
0.9
0.1
0.8
0.8
0.1
0.7
0.7
0.0
1.0
1.0
0.0
1.6
1.1
0.5
101.1
1.3
99.8
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
20.9
20.9
15.5
15.5
15.9
15.9
21.1
21.1
17.8
17.8
19.7
19.7
14.4
14.4
15.0
15.0
14.1
14.1
16.3
16.3
12.0
12.0
6
7
23.9
23.9
27.0
27.0
22.1
22.1
24.6
24.6
25.5
25.5
22.6
22.6
24.7
24.7
25.2
25.2
25.6
25.6
24.4
24.4
24.3
24.3
8
9
6
7
8
9
10
11
12
13
247.6
163.3
43.7
40.6
265.2
182.7
40.4
42.1
273.6
192.4
39.2
42.0
275.0
192.8
39.1
43.0
280.0
196.9
38.8
44.3
286.7
203.1
39.1
44.4
288.4
207.1
39.7
41.6
291.2
208.9
39.9
42.4
293.8
213.2
38.6
41.9
300.4
219.4
38.5
42.6
303.2
222.4
38.2
42.6
10
11
12
13
14
247.6
265.2
273.6
275.0
280.0
286.7
288.4
291.2
293.8
300.4
303.2
14
Policy payables:
15
734.5
759.9
754.8
753.9
760.6
765.1
761.2
760.7
773.9
781.4
770.0
15
16
17
18
327.3
299.9
107.3
337.3
311.1
111.5
332.2
310.2
112.4
331.7
309.9
112.3
334.8
312.8
113.0
337.3
314.6
113.2
335.4
313.2
112.5
334.4
313.3
113.0
339.7
319.1
115.1
342.1
322.5
116.8
335.1
318.5
116.4
16
17
18
431.3
431.3
317.6
317.6
412.8
412.8
429.9
429.9
408.0
408.0
433.8
433.8
457.5
457.5
471.7
471.7
471.0
471.0
420.9
420.9
450.8
450.8
19
20
47.2
47.2
47.9
47.9
50.5
50.5
49.9
49.9
49.6
49.6
49.4
49.4
49.2
49.2
49.0
49.0
49.0
49.0
49.1
49.1
49.4
49.4
21
22
1240.2
1240.2
887.0
887.0
856.8
856.8
849.2
849.2
765.6
765.6
773.5
773.5
733.4
733.4
709.6
709.6
727.8
727.8
727.0
727.0
658.4
658.4
23
24
952.0
952.0
1015.3
1015.3
1077.2
1077.2
1060.6
1060.6
1064.8
1064.8
1081.5
1081.5
1142.9
1142.9
1128.8
1128.8
1042.1
1042.1
1149.3
1149.3
1213.7
1213.7
25
26
137.3
137.3
163.8
163.8
180.4
180.4
179.3
179.3
180.5
180.5
184.4
184.4
202.9
202.9
202.8
202.8
196.5
196.5
205.4
205.4
221.4
221.4
27
28
21
22
23
24
25
26
27
28
(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.
105
2008
2009
2010
Q1
Total liabilities
Q2
2011
Q3
Q4
Q1
Q2
Q3
Q4
5186.9
7021.6
6264.7
6047.0
6835.6
6245.9
6502.9
6238.6
6191.3
7189.3
6541.2
2
3
2039.5
1096.4
2145.7
1210.7
2146.0
1243.3
2046.4
1251.2
2016.8
1258.9
1945.2
1266.7
1911.6
1274.9
1835.6
1283.6
1689.7
1293.8
1480.4
1305.1
1352.5
1317.5
2
3
4
5
6
Federal government
Rest of the world
Monetary authority
4.9
1318.0
2.5
4.3
1462.8
2.1
4.0
1540.8
3.6
3.9
1512.6
2.5
3.8
2082.9
5.0
3.7
1525.8
3.0
3.6
1841.2
31.9
3.5
1760.4
3.0
3.4
1753.5
0.5
3.3
2706.0
1.7
3.2
2139.5
4.8
4
5
6
7
8
9
10
-94.7
-35.6
328.3
26.2
13.6
501.1
422.9
21.7
-4.4
123.2
548.0
25.0
16.7
135.9
545.8
22.2
82.1
272.8
543.0
26.1
138.1
338.6
553.6
21.6
151.4
155.9
514.2
20.0
152.0
176.6
525.6
18.8
190.6
250.3
523.9
17.2
208.9
472.5
513.8
20.2
208.2
428.3
476.6
14.8
7
8
9
10
11
12
13
14
Savings institutions
Credit unions
Life insurance companies
Government-sponsored enterprises
91.5
3.6
219.3
94.3
58.9
4.7
230.8
141.0
-2.2
19.4
189.8
202.8
-1.6
11.4
194.3
150.2
-3.4
12.0
242.7
103.5
-3.8
12.4
230.2
67.0
-2.8
11.0
194.4
91.2
-2.8
11.6
206.4
76.8
-3.1
12.2
196.1
79.4
0.3
11.5
214.6
71.0
0.8
11.9
212.4
83.0
11
12
13
14
15
16
17
18
Finance companies
REITs
Brokers and dealers
Funding corporations
264.4
67.6
-64.6
-174.5
273.7
64.9
-256.8
719.5
218.1
51.1
-773.0
729.3
218.3
65.0
-778.6
650.7
219.4
68.9
-804.8
706.0
220.6
67.6
-824.9
680.6
213.5
66.0
-748.2
773.1
207.7
70.1
-793.1
702.5
201.3
72.9
-748.1
657.7
212.9
75.6
-768.1
659.8
196.7
78.5
-777.6
790.1
15
16
17
18
12334.7
11828.7
11562.9
11468.3
12016.7
11780.6
11869.0
11666.4
11678.7
12352.9
12064.4
19
19
Total assets
20
21
22
6601.9
1902.0
-26.7
5955.2
2003.9
-13.0
5857.3
1921.3
4.3
5887.6
1887.5
50.1
5857.5
1860.8
60.8
5905.3
1841.7
58.8
6089.9
1839.2
53.2
6038.8
1839.0
34.3
5957.5
1839.3
25.3
5896.0
1843.9
22.1
6119.1
1849.9
3.6
20
21
22
23
24
25
Federal government
Rest of the world
Monetary authority
91.4
2138.7
16.5
62.0
1741.3
16.1
94.3
1674.5
65.6
94.0
1602.4
68.2
74.8
2072.0
67.3
80.3
1841.0
67.1
84.5
1898.6
83.0
83.6
1721.8
92.8
83.3
1730.1
105.0
83.0
2241.8
104.1
83.2
1840.4
126.0
23
24
25
26
27
28
29
585.1
-104.9
261.0
12.1
870.8
259.7
355.5
11.1
655.8
143.9
457.2
6.5
620.6
135.8
435.7
7.5
657.2
229.5
445.3
13.3
623.4
197.2
450.6
12.1
559.9
148.7
455.5
11.0
561.7
182.6
500.7
10.9
566.0
252.0
513.6
11.9
638.3
374.8
509.1
16.7
585.2
371.8
498.7
11.8
26
27
28
29
30
31
Savings institutions
Credit unions
75.7
33.4
61.1
41.5
52.9
48.3
46.6
41.1
47.8
38.4
45.1
45.5
47.6
39.7
49.5
40.6
48.6
18.5
48.6
21.4
51.3
10.9
30
31
32
33
34
291.2
88.6
15.7
324.9
61.0
15.7
304.5
70.0
16.2
305.8
65.7
16.3
331.2
61.6
16.5
333.4
60.4
16.9
300.6
42.8
17.0
280.7
38.4
17.3
292.9
34.1
17.3
285.9
33.7
18.0
260.6
36.6
18.2
32
33
34
35
36
37
Mutual funds
Money market mutual funds
Government-sponsored enterprises
16.8
90.9
141.7
20.0
47.9
99.1
14.9
59.1
100.3
8.3
54.8
129.5
2.8
58.1
120.1
-4.1
59.8
146.4
2.9
66.9
148.6
5.5
65.2
108.8
13.4
64.0
109.2
14.4
68.3
154.0
14.4
72.7
147.0
35
36
37
38
39
40
Finance companies
REITs
Brokers and dealers
-159.7
55.4
208.1
-191.0
54.6
31.3
-143.0
46.1
112.9
-158.5
48.6
121.0
-154.9
54.5
101.9
-165.5
58.8
106.4
-178.6
53.5
104.6
-171.8
59.6
106.6
-174.1
63.3
107.4
-170.5
65.0
84.5
-181.1
64.3
79.6
38
39
40
-7147.8
-4807.1
-5298.2
-5421.3
-5181.1
-5534.7
-5366.2
-5427.8
-5487.4
-5163.6
-5523.2
41
41
Discrepancy
106
1
2
3
4
5
6
7
8
Assets
Nonfinancial assets
Real estate
Households (2,3)
Nonprofit organizations
Equipment and software owned by
nonprofit organizations (4)
Consumer durable goods (4)
Financial assets
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
79544.5
66688.6
69172.9
70330.6
69141.0
70234.1
72729.8
73770.3
73583.4
71032.7
72229.0
27970.0
24454.0
23738.6
23876.6
24024.9
23416.8
23477.4
23227.7
23321.2
23428.7
23161.8
23239.6
20855.4
2384.2
19603.6
17538.5
2065.1
18872.9
17151.7
1721.2
19009.7
17228.8
1780.9
19154.5
17225.9
1928.6
18540.7
16722.8
1817.9
18586.2
16570.7
2015.5
18283.4
16278.3
2005.1
18300.3
16319.6
1980.7
18356.9
16176.8
2180.1
18056.4
15963.6
2092.9
3
4
5
262.0
4468.3
283.6
4566.8
294.1
4571.6
295.5
4571.3
299.7
4570.7
304.6
4571.5
309.4
4581.8
315.2
4629.1
322.1
4698.7
329.2
4742.6
336.4
4769.0
6
7
51574.6
42234.6
45434.3
46454.0
45116.1
46817.3
49252.4
50542.5
50262.2
47604.0
49067.2
9
10
11
12
13
Deposits
Foreign deposits
Checkable deposits and currency
Time and savings deposits
Money market fund shares
7406.0
80.5
90.3
5888.5
1346.7
8013.5
56.9
292.0
6082.8
1581.8
7883.9
50.5
330.3
6190.0
1313.1
7808.6
50.6
237.4
6322.0
1198.7
7715.7
52.8
198.2
6324.6
1140.0
7719.9
53.3
156.1
6384.6
1125.9
7790.1
54.8
185.3
6420.3
1129.7
7782.1
57.5
161.5
6464.5
1098.6
7922.2
56.6
163.6
6615.2
1086.8
8035.4
56.1
229.9
6648.7
1100.7
8172.4
53.2
304.8
6707.7
1106.7
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
4936.6
107.3
264.6
196.4
68.3
689.2
1725.4
2022.7
17.6
109.8
4865.2
6.0
256.5
194.0
62.6
733.5
1766.7
1961.6
29.7
111.2
5096.7
34.6
815.5
191.2
624.3
139.0
1896.5
2082.7
26.8
101.5
5192.1
44.6
972.5
190.2
782.3
107.9
1930.0
2011.6
25.7
99.9
5310.2
54.2
1157.2
189.6
967.6
148.9
1934.0
1893.5
25.9
96.5
5252.9
63.0
1180.8
188.7
992.1
182.0
1916.5
1790.7
26.4
93.4
5314.4
63.4
1115.9
187.9
928.0
219.0
1957.9
1841.9
26.2
90.2
5288.3
67.9
1025.4
186.8
838.6
306.7
1959.3
1815.7
25.8
87.6
5048.4
64.9
847.9
186.0
662.0
279.7
1928.1
1818.5
24.9
84.3
4987.9
60.3
918.1
185.1
733.0
232.1
1902.1
1768.2
24.7
82.4
4933.1
58.2
958.9
185.2
773.7
196.1
1879.4
1737.0
24.7
78.9
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
9636.8
4597.9
866.4
1076.8
13390.7
8951.2
712.2
5746.9
3327.2
742.7
1049.8
10408.5
7314.6
766.3
7408.7
4136.7
668.6
1109.2
11914.5
6428.9
787.1
7649.4
4296.9
680.0
1115.4
12291.0
6632.6
788.1
6918.7
3974.2
686.0
1098.5
11610.2
7004.3
798.4
7863.7
4299.6
696.8
1122.8
12331.9
6717.7
811.9
8663.1
4571.7
694.3
1137.2
13088.3
7162.7
830.6
9211.7
4916.7
703.3
1155.3
13483.5
7169.3
832.3
9008.2
4965.9
757.7
1167.8
13412.8
7145.0
834.1
7415.2
4343.3
804.9
1172.6
12466.6
7525.8
852.3
8140.2
4554.7
752.3
1190.6
13160.9
7298.7
864.1
24
25
26
27
28
29
30
14346.4
14229.7
14048.0
13930.5
13892.2
13874.7
13905.7
13835.8
13829.5
13768.3
13773.9
31
13782.4
10545.7
2555.3
250.7
99.7
127.0
204.0
13801.1
10496.5
2594.1
258.7
117.7
133.2
200.9
13570.2
10351.2
2478.9
264.6
147.8
133.7
194.0
13451.5
10227.5
2406.1
265.7
226.4
134.3
191.5
13386.4
10175.3
2387.5
263.5
237.5
134.7
187.9
13349.7
10104.6
2407.8
260.8
256.3
135.8
184.3
13328.6
10050.9
2434.7
262.3
263.2
136.1
181.4
13215.7
9984.9
2401.9
261.9
251.0
136.4
179.6
13208.4
9936.9
2424.3
260.7
271.7
136.9
177.9
13205.9
9882.4
2466.7
256.1
286.8
137.8
176.1
13222.9
9840.5
2521.0
254.4
294.8
138.0
174.1
32
33
34
35
36
37
38
325.5
214.5
164.8
236.7
203.0
252.7
196.4
258.0
217.0
263.3
233.7
268.7
278.2
274.1
315.7
279.1
312.8
282.6
251.9
286.0
238.5
288.2
39
40
23.9
27.0
22.1
24.6
25.5
22.6
24.7
25.2
25.6
24.4
24.3
41
31
Liabilities
32
33
34
35
36
37
38
39
40
Security credit
Trade payables (9)
Deferred and unpaid
life insurance premiums
41
42
Net worth
65198.2
52458.9
55124.9
56400.0
55248.8
56359.4
58824.1
59934.5
59753.8
57264.4
58455.1
42
43
44
45
46
Memo:
Replacement-cost value of structures:
Residential
Households
Nonprofit organizations
Nonresidential (nonprofits)
14660.2
14445.1
215.1
1404.7
14410.4
14195.4
215.0
1489.5
14130.1
13918.3
211.7
1436.7
14161.9
13950.2
211.7
1435.7
14066.3
13856.4
209.8
1438.7
14094.8
13885.0
209.8
1442.4
14194.4
13983.6
210.8
1450.1
14259.6
14048.3
211.3
1462.5
14336.6
14124.7
212.0
1479.6
14345.3
14133.7
211.6
1495.6
14342.0
14130.9
211.1
1508.0
43
44
45
46
10423.6
11024.5
10788.8
10991.3
11150.2
11240.4
11336.7
11481.0
11559.2
11647.7
11721.3
47
625.5
475.8
510.9
513.1
495.5
501.4
518.9
522.0
516.9
491.6
498.7
48
10309.6
7042.1
6800.4
7001.3
7050.6
6618.2
6519.8
6293.3
6382.7
6294.4
6123.0
49
49.4
40.2
39.6
40.6
40.9
39.6
39.3
38.7
39.1
38.9
38.4
50
47
48
49
50
(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 31) 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 24.
(9) Liabilities of nonprofit organizations.
(10) Line 4 less line 33.
(11) Line 49 divided by line 4.
107
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Assets
Nonfinancial assets
Real estate (1)
Equipment and software (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
29125.3
27240.4
26020.3
26468.2
27338.9
27248.0
28427.8
28752.8
28956.8
29908.7
29951.8
15363.3
14302.8
12679.2
12924.1
13668.1
13285.5
14184.1
14256.0
14219.6
15078.4
14772.8
9518.1
4012.2
1832.9
8325.4
4190.8
1786.6
6896.6
4118.7
1663.9
7130.6
4096.2
1697.3
7852.1
4106.2
1709.7
7399.1
4125.4
1761.0
8215.6
4141.9
1826.6
8195.0
4150.3
1910.7
8091.3
4190.6
1937.7
8926.4
4203.6
1948.4
8571.3
4230.7
1970.8
3
4
5
13762.1
12937.7
13341.1
13544.1
13670.9
13962.5
14243.7
14496.8
14737.1
14830.3
15179.0
50.3
147.3
441.3
544.4
8.1
69.5
38.3
12.8
29.2
41.4
58.6
2253.0
191.1
9877.0
24.7
38.6
381.9
702.6
7.2
57.3
30.5
10.2
26.2
33.6
59.8
2081.1
125.8
9358.3
31.5
166.0
488.8
646.1
7.9
56.0
43.0
14.3
27.1
29.5
57.2
2050.5
190.2
9533.1
38.6
239.5
458.0
568.3
9.0
57.2
49.7
16.6
23.2
28.5
53.5
2104.5
199.2
9698.2
49.4
287.6
438.3
524.3
9.2
63.8
52.2
17.4
20.1
27.5
52.8
2203.3
188.1
9736.8
59.8
350.9
471.2
521.8
6.6
72.5
53.4
18.0
21.3
26.5
52.4
2241.3
206.6
9860.1
72.0
445.0
471.6
517.5
12.2
71.4
43.4
15.2
20.8
25.4
56.0
2189.8
222.9
10080.3
79.0
502.0
522.1
497.4
12.8
76.0
42.8
13.4
20.3
24.4
52.8
2275.9
234.8
10143.1
84.2
558.8
546.0
481.0
12.1
75.1
50.2
15.9
20.0
23.4
53.1
2373.8
238.0
10205.6
89.4
615.4
572.3
458.8
11.4
73.9
50.1
14.0
19.7
22.4
53.1
2408.3
215.5
10226.1
94.0
672.0
599.4
466.9
11.6
74.8
50.9
15.0
19.2
21.3
57.0
2366.2
229.3
10501.5
7
8
9
10
11
12
13
14
15
16
17
18
19
20
12916.0
13225.0
12898.3
12986.1
13037.2
13188.7
13278.7
13399.0
13479.0
13503.1
13596.7
21
22
23
24
25
26
27
28
6933.6
123.8
341.5
3557.9
621.1
1360.5
928.8
7269.4
131.5
409.7
3762.5
676.1
1411.5
878.1
7052.9
58.4
447.5
4139.7
475.9
1173.4
757.9
7135.1
73.6
456.4
4247.8
474.9
1137.5
744.9
7170.1
82.0
466.9
4305.7
464.2
1125.3
726.0
7268.1
97.9
470.3
4433.4
460.1
1097.7
708.7
7355.1
82.9
482.3
4560.3
468.6
1074.8
686.2
7462.7
110.5
485.4
4658.7
476.3
1066.3
665.5
7583.4
106.9
491.4
4771.6
486.3
1086.4
640.7
7685.6
124.7
490.3
4848.3
500.8
1096.8
624.7
7800.0
116.2
497.4
4936.3
519.6
1110.6
619.9
22
23
24
25
26
27
28
29
30
31
Trade payables
Taxes payable
Miscellaneous liabilities
1897.9
35.8
4048.6
1672.7
39.0
4243.9
1587.5
35.7
4222.2
1634.4
49.5
4167.2
1657.7
43.9
4165.6
1712.9
47.1
4160.7
1748.5
39.1
4136.0
1795.0
57.3
4084.1
1862.2
47.0
3986.4
1915.0
53.0
3849.6
1973.1
48.2
3775.5
29
30
31
32
16209.4
14015.5
13122.1
13482.1
14301.8
14059.3
15149.1
15353.8
15477.8
16405.6
16355.0
32
33
34
35
36
37
38
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)
170.8
6644.8
15730.7
42.8
44.1
97.0
172.7
7203.6
10016.6
51.9
72.6
71.5
171.4
6841.6
12494.7
53.7
56.4
95.2
171.6
6867.7
12914.3
52.9
55.2
95.8
170.2
6913.4
11488.2
50.1
62.4
80.3
170.4
6963.6
12905.4
51.7
56.3
91.8
171.4
7035.0
14422.3
48.6
51.0
95.2
172.0
7128.1
15339.3
48.6
48.7
99.9
172.7
7245.0
15246.8
49.0
49.7
98.5
172.6
7357.7
12867.3
46.8
59.7
78.4
172.3
7453.3
14276.6
47.7
54.6
87.3
33
34
35
36
37
38
22897.4
22451.5
22886.3
23160.5
23479.7
23858.5
24234.6
24669.3
25027.3
25224.3
25640.9
39
9135.4
3841.6
3630.1
1663.6
9513.9
4145.8
3738.5
1629.5
9545.1
4334.5
3717.9
1492.7
9616.5
4364.7
3722.8
1529.0
9808.8
4526.8
3735.2
1546.8
9896.0
4548.8
3752.4
1594.8
9990.9
4596.3
3771.4
1623.2
10172.5
4663.9
3792.7
1715.9
10290.2
4714.7
3815.0
1760.5
10394.0
4751.6
3842.4
1800.1
10461.9
4779.8
3870.5
1811.5
40
41
42
43
Assets (8)
Nonfinancial assets
Real estate
Equipment and software
Inventories
44
9981.5
9226.6
9988.0
10174.5
10442.5
10669.8
10955.9
11270.3
11548.3
11721.2
12044.2
44
45
46
47
Memo:
Historical-cost value of structures:
Residential
Nonresidential
Debt/net worth (percent) (10)
73.1
3330.7
69.5
76.6
3624.8
78.8
78.8
3809.4
70.6
79.2
3840.6
70.1
79.6
3873.6
68.7
80.0
3907.9
68.1
80.4
3944.6
67.1
80.7
3979.1
66.2
81.1
4017.9
65.7
81.4
4059.7
65.6
81.8
4101.5
64.8
45
46
47
108
Assets
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
14338.8
13154.5
12160.5
12270.5
12576.4
12250.1
12694.5
12705.0
12694.2
13106.6
12911.4
Nonfinancial assets
10742.9
9461.3
8568.1
8737.9
9089.6
8796.4
9246.3
9256.6
9241.3
9642.6
9435.8
3
4
5
9830.9
5997.2
3833.7
8521.8
5084.3
3437.5
7655.1
4625.6
3029.5
7803.8
4701.4
3102.4
8150.2
4873.5
3276.7
7847.1
4667.1
3180.0
8286.1
4880.9
3405.2
8278.0
4880.6
3397.4
8281.3
4899.5
3381.7
8674.3
5057.8
3616.5
8468.5
4927.4
3541.1
3
4
5
6
7
8
667.4
47.4
619.9
701.7
48.7
653.0
693.4
46.1
647.2
705.0
45.6
659.4
710.2
45.2
665.0
709.0
45.1
664.0
702.3
44.4
657.9
699.6
44.0
655.6
686.1
44.3
641.8
690.9
45.2
645.8
688.4
45.4
643.0
6
7
8
Inventories (2)
244.6
237.7
219.6
229.1
229.2
240.3
257.9
279.0
273.9
277.4
278.9
10
Financial assets
3595.9
3693.1
3592.4
3532.5
3486.9
3453.8
3448.3
3448.5
3452.9
3464.0
3475.6
10
11
12
13
515.6
359.3
74.3
519.4
358.1
75.4
539.8
353.3
73.7
531.0
347.3
72.5
524.3
342.8
71.5
519.5
339.4
70.8
518.6
338.9
70.7
518.9
338.8
70.7
519.7
339.2
70.8
521.6
340.2
71.0
523.8
341.4
71.2
11
12
13
14
106.7
95.8
89.1
87.6
86.5
85.6
85.5
85.5
85.6
85.8
86.1
14
59.3
5.3
42.1
0.0
51.8
4.9
39.1
0.0
46.1
5.1
37.9
0.0
45.4
5.0
37.3
0.0
44.8
4.9
36.8
0.0
44.3
4.9
36.4
0.0
44.3
4.9
36.4
0.0
44.3
4.9
36.3
0.0
44.3
4.9
36.4
0.0
44.4
4.9
36.5
0.0
44.6
4.9
36.6
0.0
15
16
17
18
525.6
2014.3
107.3
5.0
1902.0
522.7
2121.8
111.5
6.4
2003.9
496.3
2040.0
112.4
6.3
1921.3
487.9
2006.2
112.3
6.4
1887.5
481.5
1980.3
113.0
6.4
1860.8
476.8
1961.6
113.2
6.7
1841.7
476.1
1958.4
112.5
6.7
1839.2
476.0
1958.6
113.0
6.7
1839.0
476.4
1961.3
115.1
6.8
1839.3
477.9
1967.6
116.8
7.0
1843.9
479.7
1973.3
116.4
7.0
1849.9
19
20
21
22
23
5399.3
5849.4
5743.6
5652.1
5586.1
5545.4
5545.6
5549.1
5562.3
5592.4
5623.1
24
3824.9
4148.2
4008.1
3913.7
3847.1
3806.9
3803.3
3798.2
3798.3
3813.0
3831.3
25
926.5
215.3
2683.0
1046.1
232.2
2869.9
929.8
221.0
2857.3
872.7
218.7
2822.3
848.2
217.8
2781.1
831.6
226.1
2749.3
845.9
230.0
2727.4
852.3
230.9
2715.1
869.5
225.2
2703.6
894.4
224.8
2693.8
919.3
228.2
2683.8
26
27
28
374.9
99.5
1100.0
380.7
106.2
1214.3
388.3
99.9
1247.4
385.1
97.7
1255.5
379.7
96.1
1263.1
372.6
94.9
1271.0
368.3
94.7
1279.2
368.3
94.7
1287.9
371.0
94.8
1298.1
374.7
95.2
1309.5
374.2
95.6
1321.9
29
30
31
8939.6
7305.1
6416.8
6618.4
6990.3
6704.7
7149.0
7155.9
7131.9
7514.1
7288.4
32
3072.5
1594.6
3047.3
1691.6
2993.2
1592.0
2994.0
1593.5
2967.1
1596.5
2967.1
1598.0
2982.0
1600.2
2989.5
1609.7
2999.0
1618.3
2993.8
1621.3
2985.7
1620.0
33
34
42.8
56.8
62.5
59.1
55.0
56.8
53.2
53.1
53.3
50.7
52.6
35
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
Treasury securities
Municipal securities
Mortgages
Consumer credit
Trade receivables
Miscellaneous assets
Insurance receivables
Equity investment in GSEs (4)
Other
Liabilities
Credit market instruments
Bank loans n.e.c.
Other loans and advances
Mortgages
Trade payables
Taxes payable
Miscellaneous liabilities
Net worth (5)
Memo:
33
34
35
109
1
2
2008
2009
2010
2011
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
-50.1
-12739.3
2666.0
1275.1
-1151.3
1110.6
2464.8
1110.4
-180.6
-2489.4
1190.7
709.0
839.4
556.3
210.3
171.3
242.2
313.7
248.4
-10.6
343.2
237.5
3
4
5
595.6
1757.4
1161.8
358.1
1559.3
1201.2
164.0
1373.7
1209.7
-15.4
286.3
301.7
44.4
346.3
301.9
77.0
379.9
302.9
94.9
398.9
304.1
2.2
299.3
297.1
57.0
357.0
300.0
97.6
401.4
303.8
118.8
425.2
306.4
3
4
5
6
7
8
113.4
1029.5
916.1
481.3
359.7
-121.6
392.3
210.6
-181.7
225.7
70.5
-155.2
126.9
88.6
-38.3
165.3
147.7
-17.5
218.9
249.8
31.0
246.2
176.3
-69.9
-67.6
-79.2
-11.6
245.6
184.4
-61.2
118.7
121.5
2.8
6
7
8
-797.0
-13440.4
1777.3
1059.2
-1287.2
891.1
2211.6
864.3
-192.7
-2836.8
974.4
-2118.6
830.1
198.2
-149.3
442.7
0.0
-3842.1
-3781.5
-1272.0
-1348.1
-3196.6
0.0
-840.0
1573.9
509.7
-872.4
1406.4
-0.3
175.6
276.6
55.3
186.9
365.3
-0.5
139.9
-747.2
-293.5
343.7
-729.8
-0.3
-662.0
931.5
236.6
-294.7
679.9
-0.1
-10.4
865.6
239.7
448.2
668.5
-0.1
-249.5
546.0
139.3
27.2
401.3
-0.0
8.5
-116.5
-25.1
-26.6
-33.0
-0.1
5.9
-1599.9
-554.2
388.6
-1077.1
-0.1
-367.4
790.1
124.4
-215.0
642.3
-0.0
10
11
12
13
14
15
-52.1
-32.5
-44.4
-21.9
-22.6
-23.9
-22.5
1.2
29.3
3.7
-19.5
16
9
10
11
12
13
14
15
16
17
18
-58.1
5.9
-36.3
3.8
-43.3
-1.2
-19.7
-2.3
-22.9
0.2
-24.7
0.8
-23.4
0.9
-0.9
2.0
26.2
3.1
0.6
3.1
-23.0
3.5
17
18
19
90.0
-105.8
376.8
27.5
-12.7
1.2
-38.1
-3.5
-6.6
0.5
-1.6
19
65198.2
10423.6
52458.9
11024.5
55124.9
10788.8
56400.0
10991.3
55248.8
11150.2
56359.4
11240.4
58824.1
11336.7
59934.5
11481.0
59753.8
11559.2
57264.4
11647.7
58455.1
11721.3
20
21
Memo:
20
21
(1) Sum of net investment (line 2), holding gains (lines 9 and 16), and other volume changes (line 19).
(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 42.
110
1
2
2008
2009
2010
Q1
Q2
2011
Q3
Q4
Q1
Q2
Q3
Q4
784.6
-2193.9
-893.4
360.0
819.7
-242.5
1089.8
204.7
124.0
927.8
-50.6
-639.4
-985.3
398.4
10.7
87.1
27.7
56.8
24.6
19.4
0.4
81.8
3
4
5
6
353.5
1146.9
840.6
-47.2
293.6
1112.4
863.2
-44.5
-100.5
760.8
860.7
0.6
20.9
226.9
212.0
-6.1
32.8
247.1
212.9
1.4
55.0
260.6
213.8
-8.2
63.1
252.8
215.9
-26.2
69.8
260.6
217.9
-27.0
56.2
266.2
221.4
-11.4
50.4
262.1
223.6
-11.9
70.4
288.5
227.0
-9.0
3
4
5
6
7
8
9
-206.1
1074.9
1281.0
-943.0
-604.0
339.0
563.4
308.7
-254.7
39.9
176.8
136.9
107.9
182.8
74.9
56.8
244.6
187.8
84.0
229.2
145.3
36.2
223.1
186.9
91.3
243.6
152.4
101.6
179.3
77.7
140.0
295.6
155.6
7
8
9
-786.8
-336.0
-64.6
-50.1
-53.6
-84.1
-90.2
-81.4
-128.1
-151.6
-128.7
10
10
11
12
13
310.8
-1439.4
-1492.2
234.2
568.4
-435.4
804.9
-56.6
-130.2
797.9
-353.0
11
300.6
10.1
-1380.2
-59.2
-1516.1
23.9
229.3
4.9
583.7
-15.3
-449.7
14.3
792.8
12.1
-64.2
7.6
-129.2
-1.0
824.6
-26.7
-362.6
9.6
12
13
14
229.8
9.7
148.7
-2.1
0.3
25.7
39.2
34.8
26.3
-9.5
1.6
14
15
16
17
18
51.4
60.9
145.1
27.7
103.4
-50.5
-144.4
-101.2
-20.3
29.4
3.1
-136.5
-20.1
17.8
0.0
-0.3
4.9
-4.6
0.0
-0.0
9.1
16.7
0.0
0.0
4.6
29.0
-30.9
-36.5
-5.8
40.6
0.0
0.0
25.2
1.1
0.0
0.0
-7.1
-2.4
0.0
-0.0
6.2
-4.7
0.0
0.0
15
16
17
18
19
883.5
221.1
51.8
117.2
163.8
139.5
188.9
201.8
208.6
139.1
219.1
19
16209.4
14015.5
13122.1
13482.1
14301.8
14059.3
15149.1
15353.8
15477.8
16405.6
16355.0
20
Memo:
20
(1) Sum of net investment (line 2), holding gains (lines 11 and 14), and other volume changes (line 19).
(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 32.
111
Net investment
4
5
6
7
8
9
2008
2009
2010
Q1
Q2
2011
Q3
Q4
Q1
Q2
Q3
Q4
-135.9
-1634.5
-888.3
201.6
371.9
-285.6
444.2
6.9
-24.0
382.2
-225.7
0.0
-3.3
-6.0
-1.1
-4.0
-2.0
-0.6
-0.6
-0.9
-0.1
-0.1
12.8
-296.8
-3.6
17.7
30.6
12.3
-3.5
-17.9
3.1
-9.6
-10.2
122.2
306.5
184.3
55.9
267.2
211.3
-8.5
202.4
210.8
-15.5
36.8
52.2
10.3
62.5
52.2
4.7
57.1
52.4
2.2
55.0
52.9
-14.5
38.7
53.2
11.8
65.7
53.9
9.5
63.9
54.4
8.8
63.7
54.9
4
5
6
-122.2
479.4
601.6
-52.6
97.2
149.9
14.5
-100.8
-115.2
16.6
-59.8
-76.4
-6.3
-45.7
-39.4
-2.7
-33.1
-30.4
-1.5
-5.5
-4.0
15.1
0.2
-14.9
-11.0
4.4
15.4
-9.5
11.1
20.5
-8.8
11.6
20.4
7
8
9
10
12.8
-300.0
-9.6
16.6
26.6
10.3
-4.1
-18.5
2.3
-9.6
-10.2
10
11
-135.2
-1343.7
-869.2
158.7
347.9
-303.0
441.7
3.1
5.1
392.0
-204.2
11
-300.4
165.2
-919.3
-424.4
-455.3
-413.9
78.3
80.5
174.3
173.5
-203.5
-99.5
216.8
225.0
2.8
0.3
22.3
-17.1
162.1
229.9
-126.7
-77.5
12
13
12
13
Residential
Nonresidential
14
-12.2
11.0
-14.5
26.9
-6.3
5.2
6.0
21.7
-32.3
-0.4
-11.5
14
15
16
17
-0.4
-34.9
23.1
0.2
16.7
-6.0
-2.8
-3.0
-8.8
-0.7
19.6
7.9
-0.7
-4.6
-1.0
-0.3
-5.3
10.9
-0.8
-11.5
18.3
-0.6
0.4
22.0
0.2
-28.5
-3.9
0.7
-5.5
4.5
0.1
-13.2
1.7
15
16
17
-1.4
-1.7
5.0
-0.6
3.8
1.9
0.7
0.6
0.9
0.2
0.2
18
8939.6
7305.1
6416.8
6618.4
6990.3
6704.7
7149.0
7155.9
7131.9
7514.1
7288.4
19
18
19
(1) Sum of net capital transfers paid (line 2), net investment (line 3), holding gains (lines 11 and 14), and other volume changes (line 18).
(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 32.
112
1989
1990
1991
1992
1993
1994
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
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
Municipal securities
Bank loans n.e.c.
Other loans and advances
Commercial mortgages
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
26
27
Trade payables
Miscellaneous liabilities (2)
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
(1) Does not include religious organizations or organizations with less than $25,000 in gross annual receipts.
(2) Not included in table F.100.
113
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
19
20
Liabilities
Credit market instruments
21
22
23
24
Municipal securities
Bank loans n.e.c.
Other loans and advances
Commercial mortgages
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
25
26
Trade payables
Miscellaneous liabilities (2)
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
(1) Does not include religious organizations or organizations with less than $25,000 in gross annual receipts.
(2) Not included in table L.100.
114
1
2
3
4
5
6
7
8
9
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
4197.0
1488.7
1027.2
420.6
14.7
964.2
144.2
149.2
-11.8
4051.6
1435.7
1038.6
281.0
18.8
992.1
137.5
163.9
-16.0
3703.7
1141.4
1017.9
249.1
14.7
969.0
141.4
185.2
-14.9
3962.8
1193.9
1054.0
387.4
13.3
991.7
144.0
194.1
-15.7
4165.6
1402.2
1098.7
391.4
15.7
930.9
145.0
197.0
-15.3
4015.4
1212.8
1059.0
406.8
13.0
996.3
145.8
197.6
-16.0
4025.0
1240.9
1065.5
380.2
13.9
999.0
145.4
196.6
-16.5
4106.0
1365.9
1087.4
397.2
14.3
915.9
145.2
195.7
-15.6
4154.4
1396.2
1101.1
394.4
15.3
921.9
144.0
196.1
-14.6
4175.0
1409.1
1100.0
384.3
17.0
936.8
145.1
197.1
-14.5
4227.2
1437.6
1106.1
389.8
16.3
949.1
145.8
199.2
-16.8
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
4430.0
2217.8
1701.2
42.2
414.3
54.6
0.0
4737.3
2381.0
1857.9
45.3
400.2
52.9
0.0
4999.7
2412.2
2116.0
53.3
358.6
59.7
0.0
5261.8
2497.5
2259.5
57.3
390.2
57.3
0.0
5409.4
2547.8
2312.8
57.6
428.4
62.8
0.0
5278.4
2505.6
2268.5
56.9
390.5
57.0
0.0
5347.8
2509.7
2318.3
58.1
402.6
59.1
0.0
5364.3
2530.7
2305.0
56.8
411.7
60.0
0.0
5470.0
2560.4
2324.7
64.9
457.4
62.7
0.0
5418.9
2561.0
2314.2
55.8
423.7
64.2
0.0
5384.5
2539.1
2307.2
53.0
420.9
64.4
0.0
10
11
12
13
14
15
16
17
18
19
20
21
-233.0
291.3
0.1
4.7
-2.6
-685.7
311.2
-0.6
4.8
3.0
-1296.0
323.7
0.5
4.9
14.9
-1299.0
334.0
-1.7
4.9
29.8
-1243.8
352.2
-0.4
4.5
37.8
-1262.9
335.5
-2.1
4.9
28.1
-1322.8
339.1
-0.4
4.9
34.9
-1258.3
343.8
-2.1
4.4
40.4
-1315.6
349.4
-0.1
4.4
41.4
-1243.9
355.2
0.5
4.5
43.0
-1157.3
360.5
-0.0
4.6
26.4
17
18
19
20
21
22
56.1
-381.7
-992.5
-997.8
-933.4
-958.3
-1023.0
-957.2
-1012.0
-936.6
-827.8
22
23
24
25
Gross investment
Fixed investment
Nonproduced nonfinancial assets
53.3
456.5
12.5
-447.3
497.2
-5.1
-920.1
505.4
7.3
-919.8
505.3
14.8
-927.2
482.4
15.5
-609.6
513.1
16.4
-856.7
510.5
14.9
-1050.2
483.6
15.5
-44.8
478.2
15.3
-1658.5
486.3
15.0
-955.2
481.4
16.0
23
24
25
-415.7
92.8
-0.4
20.4
37.6
6.6
13.0
-939.4
520.4
4.2
321.6
17.9
-1.8
-3.5
-1432.8
217.3
51.9
-155.0
11.2
4.1
8.0
-1439.9
347.7
1.6
155.5
-0.4
5.4
10.6
-1425.0
-185.6
21.9
-242.1
17.5
-2.4
-4.6
-1139.1
438.9
4.1
81.9
6.6
4.8
9.4
-1382.1
496.4
-1.0
178.2
4.4
6.7
13.1
-1549.3
-701.4
16.3
-831.9
3.7
-2.4
-4.7
-538.3
-17.5
24.8
13.0
20.9
-2.4
-4.7
-2159.9
-206.7
16.0
-315.6
13.6
-4.6
-9.0
-1452.6
183.1
30.5
166.1
31.6
-0.1
-0.2
26
27
28
29
30
31
32
65.5
-3.0
37.0
0.5
11.7
15.4
6.7
-2.9
0.7
-0.1
14.5
-32.7
-32.4
3.9
-64.6
44.5
-0.1
-3.1
9.5
12.6
5.2
275.3
13.1
0.6
-59.8
-51.2
239.8
-54.5
124.9
0.3
7.8
21.1
75.0
65.2
16.5
-7.7
-12.9
38.2
23.1
115.5
7.0
-37.2
0.4
9.8
2.4
130.4
2.7
-4.9
-8.5
10.1
69.3
-6.5
-28.7
20.8
-156.4
-0.2
-4.3
0.4
108.7
2.2
36.1
-1.2
-2.9
74.9
-54.0
227.5
32.2
-36.8
0.3
8.9
-8.4
228.1
3.2
-21.1
-11.3
11.2
73.9
51.8
141.0
37.0
-43.3
0.5
12.3
-2.8
141.4
-4.2
-32.1
-10.8
28.4
94.4
74.1
125.2
41.3
-76.5
-0.2
-4.2
5.1
151.5
8.2
5.4
-7.9
-11.2
87.4
-81.2
-103.3
13.8
-172.5
-0.2
-4.2
1.2
71.1
-12.5
56.9
-0.4
4.4
41.4
-68.0
-40.5
8.2
-177.9
-0.3
-8.4
-9.7
141.4
6.2
72.1
17.3
-11.5
129.3
-73.8
-96.2
19.8
-198.5
-0.0
-0.3
5.0
70.7
7.1
9.8
-13.7
6.7
41.5
7.0
33
34
35
36
37
38
39
40
41
42
43
44
45
508.5
0.0
0.0
-0.7
365.0
-6.0
225.2
-0.4
146.2
0.0
66.4
1.2
76.6
1459.7
0.0
0.0
-0.8
1308.3
-2.4
1291.4
0.2
19.2
0.0
61.8
1.0
89.5
1650.1
47.6
3.0
-0.4
1535.7
-2.8
1427.7
0.1
110.7
0.0
-18.4
1.1
81.4
1787.6
0.0
0.0
-0.3
1635.9
-3.3
1573.2
0.7
65.3
0.0
60.6
0.9
90.6
1239.4
0.0
0.0
0.0
1067.4
-2.7
1128.5
1.1
-59.5
0.0
67.8
1.3
102.9
1578.0
0.0
0.0
-1.1
1452.9
-2.6
1393.6
0.5
61.5
0.0
52.0
0.7
73.5
1878.5
0.0
0.0
0.0
1606.9
-3.5
1465.1
0.8
144.6
0.0
92.0
2.5
177.1
848.0
0.0
0.0
0.0
702.4
-4.6
806.1
1.2
-100.3
0.0
88.0
0.3
57.2
520.8
0.0
0.0
0.0
796.2
-3.9
907.2
0.2
-107.3
0.0
29.4
1.7
-306.5
1953.2
0.0
0.0
0.0
1430.6
-2.8
1431.6
1.9
-0.0
0.0
58.3
1.2
463.0
1635.7
0.0
0.0
0.0
1340.3
0.3
1369.2
1.1
-30.3
0.0
95.6
1.9
197.9
46
47
48
49
50
51
52
53
54
55
56
57
58
2.7
65.6
-72.4
-78.1
-6.2
-348.6
-166.4
93.0
-967.1
721.9
127.4
59
-689.5
273.8
-415.7
-1182.9
243.5
-939.4
-1801.4
368.6
-1432.8
-1804.3
364.4
-1439.9
-1726.2
301.1
-1425.0
-1776.0
636.9
-1139.1
-1833.3
451.2
-1382.1
-1741.9
192.6
-1549.3
-1793.8
1255.5
-538.3
-1730.2
-429.6
-2159.9
-1638.7
186.1
-1452.6
60
61
62
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
Discrepancy
60
61
62
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 59 plus line 60.
115
2
3
4
5
6
8
9
10
11
12
13
14
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
2666.5
3203.7
3346.6
3692.9
3420.7
3592.7
3692.9
3501.7
3501.4
3398.7
3420.7
36.4
113.6
248.8
79.3
156.1
41.9
433.6
266.6
77.5
152.6
94.6
278.5
277.8
81.6
160.6
95.4
433.6
277.4
86.9
171.2
103.9
191.6
294.9
84.6
166.5
96.3
391.5
270.4
85.3
167.9
95.4
433.6
277.4
86.9
171.2
102.1
207.5
280.4
86.3
170.0
105.9
230.8
276.0
85.8
168.8
105.0
151.8
281.7
84.6
166.6
103.9
191.6
294.9
84.6
166.5
2
3
4
5
6
1216.5
1220.4
1460.3
1575.8
1547.1
1539.8
1575.8
1608.0
1579.3
1569.9
1547.1
184.3
444.0
5.5
140.7
249.7
98.4
93.9
119.8
488.5
5.4
137.5
259.1
111.0
99.1
65.3
613.4
5.7
145.4
280.2
186.0
164.3
72.2
576.2
6.1
155.2
282.7
316.4
167.0
93.0
419.9
5.9
150.9
283.1
425.1
169.3
63.0
587.1
6.0
152.1
283.4
280.3
168.1
72.2
576.2
6.1
155.2
282.7
316.4
167.0
82.6
557.1
6.0
154.1
283.9
355.2
169.1
86.0
514.0
6.0
153.1
284.2
370.1
165.9
88.1
469.5
5.9
151.0
281.8
406.1
167.5
93.0
419.9
5.9
150.9
283.1
425.1
169.3
8
9
10
11
12
13
14
15
16
Corporate equities
Mutual fund shares
108.0
32.8
270.8
32.0
185.0
33.7
159.8
30.9
164.2
30.0
158.5
30.2
159.8
30.9
164.2
30.7
169.3
30.4
163.4
30.0
164.2
30.0
15
16
17
18
19
Trade receivables
Taxes receivable
Miscellaneous assets
220.5
342.5
112.1
221.1
389.3
97.8
208.3
416.1
150.2
218.4
448.9
194.6
215.5
474.0
148.5
214.8
442.4
195.6
218.4
448.9
194.6
218.9
458.2
175.3
220.0
466.8
168.0
217.4
463.0
165.3
215.5
474.0
148.5
17
18
19
9421.7
10881.1
12528.1
14312.0
15537.4
13812.5
14312.0
14578.5
14580.3
15106.2
15537.4
20
7.7
2.2
27.4
7.5
2.2
26.6
55.4
5.2
26.2
54.4
5.2
25.9
54.2
5.2
25.9
55.0
5.2
25.9
54.4
5.2
25.9
56.0
5.2
25.9
56.5
5.2
25.9
55.2
5.2
25.9
54.2
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
7453.2
196.4
4377.7
23.1
2855.9
0.0
8761.5
194.0
5669.1
23.3
2875.0
0.0
10297.2
191.2
7096.8
23.5
2985.7
0.0
11933.1
187.9
8670.0
24.2
3051.1
0.0
13000.5
185.2
9798.5
25.3
2991.6
0.0
11523.2
188.7
8307.0
24.0
3003.5
0.0
11933.1
187.9
8670.0
24.2
3051.1
0.0
12186.5
186.8
8944.1
24.5
3031.2
0.0
12263.9
186.0
9055.1
24.5
2998.3
0.0
12660.4
185.1
9463.1
25.0
2987.2
0.0
13000.5
185.2
9798.5
25.3
2991.6
0.0
24
25
26
27
28
29
30
31
32
Trade payables
Insurance reserves
Miscellaneous liabilities (4)
791.7
45.4
1094.2
853.4
46.4
1183.5
835.0
47.5
1261.6
895.6
48.4
1349.4
963.5
49.7
1438.3
885.9
47.8
1269.6
895.6
48.4
1349.4
921.2
48.5
1335.1
937.8
48.9
1242.0
952.2
49.2
1358.1
963.5
49.7
1438.3
30
31
32
(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.
116
2
3
4
5
7
8
9
10
11
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
-76.4
-82.4
-35.1
-31.9
-23.2
-21.5
-33.1
-33.1
-4.2
-26.7
-28.5
0.2
1.6
0.0
0.2
0.1
1.1
0.0
0.1
2.8
3.3
0.0
-0.0
10.1
4.2
0.0
-0.1
12.2
4.4
0.0
-0.1
10.8
4.2
0.0
-0.1
13.5
4.5
0.0
-0.1
13.1
4.3
0.0
-0.1
12.0
4.3
0.0
-0.0
11.1
5.2
0.0
-0.1
12.5
3.8
0.0
-0.0
2
3
4
5
84.8
71.8
114.1
78.6
46.8
86.6
53.0
39.2
61.7
44.9
41.4
-4.5
32.8
26.7
10.1
10.1
13.7
-4.1
97.9
-23.4
-5.4
140.2
-97.5
-0.8
50.8
-28.9
-4.0
217.4
-166.9
-4.4
38.0
-25.6
-4.2
36.7
-32.2
-0.5
64.5
-25.4
-0.9
53.4
-27.6
2.3
48.7
-30.4
7
8
9
30.3
-0.5
38.2
-0.3
44.6
-0.9
42.2
-0.9
27.0
-1.3
40.8
-0.7
46.0
-1.0
40.4
-1.5
25.4
-2.3
21.2
-1.2
21.2
-0.4
10
11
-209.0
20.1
-171.1
15.5
-159.6
-5.2
-120.2
-2.6
-96.8
8.8
-120.0
-8.0
-96.9
-4.8
-97.6
11.4
-97.6
11.6
-92.6
6.2
-99.3
6.2
12
13
25.6
29.0
-0.2
-3.1
0.0
24.0
-0.1
-23.9
9.6
5.6
-0.4
4.4
-2.0
-1.9
-0.9
0.8
1.5
1.1
0.7
-0.3
4.9
4.0
-0.4
1.4
-2.2
-5.2
-0.2
3.1
-3.4
-5.0
-0.0
1.6
3.8
4.0
-0.0
-0.2
-1.5
3.0
1.0
-5.5
7.0
2.2
1.8
2.9
14
15
16
17
12
13
Corporate equities
Mutual fund shares
14
15
16
17
Miscellaneous assets
Unallocated insurance contracts (1)
Contributions receivable
Other
(1) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.
2
3
4
5
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
108.1
45.6
95.1
93.1
83.3
71.0
94.1
111.8
112.7
50.3
58.2
0.4
3.0
3.4
3.1
0.3
-0.8
2.3
7.2
1.4
1.4
0.6
3.1
1.4
0.2
-0.1
0.9
0.4
-0.0
-0.2
-3.6
0.2
-0.9
-0.4
21.9
-0.2
1.0
-0.2
1.2
0.2
-0.5
-0.2
0.8
1.5
-0.4
-0.2
-16.9
0.2
-0.4
-0.2
3.9
-0.2
1.2
-0.2
-2.0
2
3
4
5
17.7
18.9
-2.5
29.4
55.0
10.8
76.4
39.4
44.2
66.4
70.2
-0.3
5.9
1.4
0.2
5.3
7.7
-6.4
27.9
-25.7
-6.3
35.8
-0.6
-0.9
30.3
15.6
-0.3
20.8
3.7
-4.2
41.0
28.8
3.4
16.6
10.2
-1.1
23.2
17.2
-1.1
39.8
16.8
-4.7
41.6
18.3
7
8
9
9.5
1.2
4.5
1.2
-1.8
3.5
-1.6
2.2
10.4
-0.4
-12.1
-1.3
10.9
0.0
10.9
-1.7
5.9
-1.0
13.1
-2.2
11.8
3.2
10
11
20.7
68.0
-13.6
20.0
-16.0
95.0
9.2
83.0
13.3
26.5
8.6
36.0
10.2
84.0
14.1
80.0
16.5
88.0
10.9
-32.0
11.5
-30.0
12
13
-8.1
-2.7
4.7
-10.1
11.3
14.2
0.8
-3.7
12.0
4.5
2.9
4.6
-30.9
-2.5
-0.4
-28.0
-8.2
-1.9
-0.5
-5.8
-5.3
1.2
-0.4
-6.1
-78.3
-4.0
-0.7
-73.6
-22.1
-2.3
-0.6
-19.2
-19.9
-3.0
-0.1
-16.9
1.5
-1.8
-0.5
3.8
7.7
-0.4
-0.8
9.0
14
15
16
17
2
3
4
5
6
7
8
275.7
247.5
198.6
88.7
ND
-104.3
100.0
-140.0
168.0
100.0
ND
8.7
13.5
5.0
37.4
6.8
7.2
27.5
3.3
8.7
21.0
5.6
3.0
ND
ND
ND
17.1
3.7
3.3
33.3
0.9
0.2
5.9
3.1
1.1
28.1
-0.1
1.4
31.1
16.0
1.7
ND
ND
ND
2
3
4
17.9
44.0
119.9
66.6
28.9
46.0
-119.7
240.9
-6.0
-40.0
148.0
57.2
11.9
-23.0
119.9
-49.7
ND
ND
ND
ND
14.8
-24.0
207.7
-326.9
8.7
-20.0
79.7
-2.7
-1.0
-20.0
69.9
-199.1
20.0
36.0
65.4
17.1
36.0
40.0
-181.6
156.8
ND
ND
ND
ND
5
6
7
8
(1) Assets of the household sector (F.100). IRA assets are not included in pension fund reserves (table F.225), except for those at life insurance companies. Figures for depositories (lines 2 through 4)
include Keogh accounts. Variable annuities in IRAs are in the life insurance sector (line 5) and are excluded from the mutual fund sector (line 7) and from the money market fund sector (line 6).
117
2
3
4
5
7
8
9
10
11
2008
2009
2010
2011
2010
2011
Q3
Q4
Q1
Q2
Q3
Q4
2596.0
1853.5
2104.7
2262.0
2223.1
2154.3
2262.0
2318.6
2312.3
2122.7
2223.1
5.8
44.0
0.0
5.6
5.9
45.0
0.0
5.8
8.7
48.3
0.0
5.7
18.8
52.5
0.0
5.7
31.0
56.9
0.0
5.6
15.4
51.4
0.0
5.7
18.8
52.5
0.0
5.7
22.1
53.6
0.0
5.7
25.1
54.7
0.0
5.6
27.9
56.0
0.0
5.6
31.0
56.9
0.0
5.6
2
3
4
5
587.6
659.3
773.4
852.0
898.8
838.7
852.0
861.8
877.2
888.4
898.8
1.0
104.6
227.8
11.0
114.8
241.5
6.9
212.7
218.2
1.6
352.8
120.7
0.7
403.7
91.8
2.6
343.3
127.1
1.6
352.8
120.7
0.5
362.0
112.6
0.4
378.1
106.3
0.2
391.5
99.4
0.7
403.7
91.8
7
8
9
250.6
3.6
288.7
3.2
333.3
2.3
375.5
1.5
402.5
0.1
364.0
1.7
375.5
1.5
385.6
1.1
391.9
0.5
397.2
0.2
402.5
0.1
10
11
1423.8
338.6
777.1
228.0
805.2
286.3
810.0
323.5
702.7
329.6
750.3
303.2
810.0
323.5
831.1
339.3
802.6
341.5
653.3
306.5
702.7
329.6
12
13
190.7
154.2
1.4
35.1
132.4
119.9
1.3
11.3
177.1
160.5
0.9
15.7
199.4
182.9
0.0
16.5
198.6
181.6
0.7
16.2
189.6
173.8
0.1
15.7
199.4
182.9
0.0
16.5
205.0
188.0
0.0
16.9
205.6
188.7
0.0
16.9
185.0
169.2
0.3
15.5
198.6
181.6
0.7
16.2
14
15
16
17
12
13
Corporate equities
Mutual fund shares
14
15
16
17
Miscellaneous assets
Unallocated insurance contracts (1)
Contributions receivable
Other
(1) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.
2
3
4
5
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
3814.5
2699.2
3366.3
3835.7
3857.7
3574.2
3835.7
4008.5
4020.0
3595.2
3857.7
6.0
23.7
93.5
20.1
6.4
22.9
95.7
27.3
7.7
24.3
96.4
30.5
9.1
24.6
96.3
31.4
9.5
24.6
96.1
27.9
9.2
24.3
96.3
31.1
9.1
24.6
96.3
31.4
9.2
24.4
96.2
31.6
9.5
24.3
96.2
27.4
9.6
24.2
96.1
28.4
9.5
24.6
96.1
27.9
2
3
4
5
273.3
292.1
289.6
319.1
374.1
299.9
319.1
328.9
340.0
356.5
374.1
26.0
64.9
68.9
26.1
70.2
76.6
19.7
98.1
50.9
13.4
133.9
50.3
12.5
164.2
65.9
14.5
123.6
43.1
13.4
133.9
50.3
14.2
138.0
52.8
14.0
143.8
57.1
13.7
153.8
61.3
12.5
164.2
65.9
7
8
9
106.9
6.6
111.4
7.8
109.6
11.3
108.0
13.5
118.4
13.1
105.3
13.5
108.0
13.5
110.7
13.1
112.2
12.8
115.5
12.3
118.4
13.1
10
11
1249.5
1772.0
822.7
1138.0
1030.6
1531.0
1202.3
1803.0
1175.2
1812.1
1082.3
1677.0
1202.3
1803.0
1269.0
1895.1
1260.8
1913.3
1061.0
1700.6
1175.2
1812.1
12
13
376.4
277.1
45.8
53.4
294.1
197.7
46.7
49.7
356.2
252.3
49.6
54.3
350.0
274.6
49.1
26.3
338.2
269.2
48.6
20.4
354.0
260.0
49.3
44.7
350.0
274.6
49.1
26.3
354.1
283.6
49.0
21.5
348.5
282.3
49.0
17.3
318.7
251.7
48.8
18.2
338.2
269.2
48.6
20.4
14
15
16
17
2
3
4
5
6
7
8
4784.0
3585.0
4251.0
4710.0
ND
4472.0
4710.0
4898.4
4853.3
4611.0
ND
210.7
71.2
58.2
248.1
77.9
65.5
275.5
81.2
74.2
296.5
86.8
77.2
ND
ND
ND
288.2
86.5
77.2
296.5
86.8
77.2
298.0
87.5
77.5
305.1
87.5
77.9
312.8
91.5
78.3
ND
ND
ND
2
3
4
426.0
220.0
1981.0
1816.9
381.6
266.0
1264.0
1281.9
405.5
226.0
1651.0
1537.6
436.0
203.0
1911.0
1699.5
ND
ND
ND
ND
419.0
208.0
1782.0
1611.1
436.0
203.0
1911.0
1699.5
446.0
198.0
1994.0
1797.3
450.0
207.0
2002.0
1723.9
438.9
217.0
1732.0
1740.5
ND
ND
ND
ND
5
6
7
8
(1) Assets of the household sector (L.100), shown at market value. IRA assets are not included in pension fund reserves (table L.225), except for those at life insurance companies. Figures for depositories
(lines 2 through 4) include Keogh accounts. Variable annuities in IRAs are in the life insurance sector (line 5) and are excluded from the mutual fund sector (line 7) and from the money market fund
sector (line 6).
118
Households
and Nonprofit
Organizations
State
and Local
Governments
Nonfinancial
Business
Domestic
Nonfinancial
Sectors
Federal
Government
Domestic
Financial
Sectors
Rest of
the World
Instrument
Discrepancy
All
Sectors
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
1
2
3
----
1968.1
1207.3
760.7
----
1705.5
1106.3
599.2
----
228.7
214.3
14.4
----
-1162.1
137.9
-1300.0
----
2740.2
2665.9
74.3
----
301.8
188.0
113.7
----
462.1
-462.1
----
3504.0
2853.9
650.1
----
4
5
6
7
8
9
10
2025.8
1482.9
1088.1
286.5
120.3
--12.0
--------
1664.6
1309.6
-52.0
1214.0
47.0
-3.5
--------
242.5
337.6
-8.2
313.9
-15.5
--------
-1169.7
160.2
-1.7
158.6
--0.1
--------
2763.2
3290.3
1088.1
348.5
1806.8
47.0
-0.1
--------
176.1
194.8
--1.2
195.9
---
--------
486.6
0.1
----0.1
--------
3425.9
3485.1
1088.1
347.3
2002.7
47.0
--
--------
78.1
18.9
------
11
12
13
542.9
403.0
--
---140.0
355.0
969.0
--
--614.0
-95.2
-114.4
--
---19.2
-1329.9
-129.3
--
--1200.6
-527.1
1128.2
--
--1655.3
-18.7
1737.1
--
--1755.8
486.5
881.1
--
--394.6
-59.2
3746.5
--
--3805.8
59.2
---
----1.6
-119.5
287.4
-23.0
--
----------
---22.1
-232.1
130.3
-50.1
-0.6
----------
-----15.7
17.7
-2.4
-4.6
----------
21.9
-----257.8
-0.3
---
0.0
0.0
0.0
-------
21.9
--20.5
-109.5
435.1
-75.5
-5.2
0.0
0.0
0.0
-------
-0.2
0.0
0.7
-47.3
603.1
46.5
-86.8
-30.9
-44.6
----821.9
232.8
373.2
-112.8
-124.5
0.0
---191.2
75.8
24.9
-6.4
53.7
21.7
---16.1
------
21.7
0.0
0.7
-26.9
794.3
231.9
373.2
-112.8
3.9
21.7
0.0
0.0
-16.1
821.9
232.8
373.2
-112.8
-124.5
---0.7
10.7
27.6
1.0
---128.4
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
-381.6
-5.3
-157.0
-22.9
-78.5
-105.2
--1.5
-11.3
--
-113.9
----7.8
-26.3
1.9
-220.5
86.3
3.7
3.3
7.8
-0.2
-1.6
----3.8
-1.8
472.9
33.3
--15.1
376.0
124.4
34.1
-109.9
--
-84.4
20.8
-59.0
-38.2
-0.2
-4.2
---3.7
--
-58.6
----59.5
--0.9
---
-2.4
---118.1
--0.1
-3.1
4.0
108.7
1067.9
-1066.8
1.1
----0.0
--
-464.7
18.8
-208.1
-179.5
-80.3
-109.5
-1.6
-14.7
106.9
1368.3
33.3
1066.8
1.1
-52.2
376.0
150.6
36.8
-330.4
86.3
1027.6
-105.4
988.8
198.3
17.1
200.1
132.3
-74.6
-308.4
-20.6
-556.4
-67.6
--38.2
--343.1
-47.4
-67.3
7.2
--
215.5
-1.6
286.1
-55.9
10.9
-66.2
-42.2
---
-33.4
-53.8
----8.4
29.2
-0.3
---
778.5
-88.2
1066.8
-37.1
-52.2
24.5
132.3
-30.8
-323.1
86.3
778.5
-88.2
1066.8
-37.1
-52.2
24.5
132.3
-30.8
-323.1
86.3
-----------
33
34
35
36
Corporate equities
Mutual fund shares
Trade credit
Security credit
-142.5
298.8
-58.1
--14.0
-39.7
-16.8
182.8
--
-489.9
-230.4
--
-3.9
-1.2
-4.8
--
--39.4
--
40.0
-1.9
--
--28.4
--
-106.5
314.4
179.9
58.1
-489.9
-312.3
-39.7
-108.4
25.8
-1.4
39.6
153.1
411.3
-3.9
137.3
-31.7
71.1
16.1
0.0
90.1
--32.5
0.0
-246.6
411.3
194.6
97.6
-246.6
411.3
275.9
97.6
--81.2
--
37
38
39
40
41
52.6
139.8
--38.2
33.7
-----0.4
----431.9
--10.0
-36.1
426.5
--11.2
--57.8
------
--63.7
-3.7
1.3
---102.9
52.6
139.8
74.9
-38.2
411.6
1.3
-10.0
-36.1
529.0
7.2
---306.3
58.5
139.8
10.2
-2.2
217.5
----271.0
----364.9
59.8
139.8
74.9
-38.2
988.9
59.8
139.8
20.3
-38.2
1111.3
---54.6
-122.4
42
-57.8
--
40.9
--
-13.7
--
7.5
--
-23.0
--
125.7
--
-24.5
--
78.1
--
78.1
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.
Households
and Nonprofit
Organizations
State
and Local
Governments
Nonfinancial
Business
Domestic
Nonfinancial
Sectors
Federal
Government
Domestic
Financial
Sectors
Rest of
the World
Instrument
Discrepancy
All
Sectors
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
1
2
3
49067.2
---
-13773.9
13773.9
18654.6
---
-40784.8
19219.8
2524.8
---
-3715.0
3715.0
1355.8
---
-12282.3
12282.3
71602.4
---
-70556.0
48991.0
65602.9
---
-65738.3
61656.1
18044.2
---
-14310.7
10447.8
155249.5
---
-150605.0
121094.8
-4644.5
---
4
5
6
7
8
---53.2
--
------
---94.0
--
------
------
------
103.9
-----
54.2
5.2
25.9
---
103.9
--147.3
--
54.2
5.2
25.9
---
36.8
5.2
44.2
58.5
1622.7
----1913.5
54.2
---201.5
129.6
--896.1
--
194.9
5.2
44.2
205.8
1824.1
183.8
5.2
25.9
896.1
1913.5
-11.0
--18.3
690.3
89.4
9
10
11
12
304.8
6707.7
1106.7
--
-----
1195.8
940.8
538.1
11.6
-----
107.2
293.2
84.6
166.5
-----
84.3
1.7
---
-----
1692.1
7943.4
1729.4
178.1
-----
427.7
589.6
849.8
802.4
2592.6
8805.6
2642.5
1108.2
466.2
272.6
63.3
-44.9
-----
2586.0
8805.6
2642.5
935.6
2592.6
8805.6
2642.5
1108.2
6.5
--172.6
13
14
15
16
17
18
19
20
21
22
4933.1
58.2
958.9
196.1
1879.4
1737.0
-24.7
78.9
--
13222.9
---254.4
-294.8
138.0
10014.7
2521.0
324.3
74.8
95.5
15.0
24.1
---58.0
57.0
11631.3
116.2
--497.4
4936.3
1438.9
1338.9
3303.7
--
1254.9
93.0
444.6
388.8
5.9
150.1
--172.4
--
3006.8
---2991.6
--15.3
---
752.1
--31.1
-0.8
-184.5
110.6
425.1
10453.6
-10428.3
25.3
----0.0
--
7264.5
226.0
1499.0
630.9
1909.4
1888.0
-209.2
419.9
482.1
38314.6
116.2
10428.3
25.3
3743.4
4936.3
1733.7
1492.1
13318.3
2521.0
38278.6
552.5
4257.9
5908.8
1751.3
7182.0
2006.5
1508.0
13072.7
2038.9
13580.0
508.3
-7535.8
-4827.3
128.4
405.9
174.3
--
8591.3
190.7
4671.4
1021.4
82.7
2422.5
-202.6
---
2239.7
344.8
---1728.8
144.3
21.8
---
54134.3
969.2
10428.3
7561.1
3743.4
11492.5
2006.5
1919.8
13492.6
2521.0
54134.3
969.2
10428.3
7561.1
3743.4
11492.5
2006.5
1919.8
13492.6
2521.0
-----------
23
24
25
26
Corporate equities
Mutual fund shares
Trade credit
Security credit
8140.2
4554.7
-752.3
--288.2
238.5
-229.3
2845.9
--
14276.6
-2347.3
--
106.7
30.0
170.7
--
--708.2
--
57.5
-44.8
--
--255.3
--
8304.5
4814.0
3061.3
752.3
14276.6
-3599.0
238.5
10880.6
2585.2
134.2
560.1
4071.9
7955.9
14.2
1073.9
3026.4
556.8
132.4
0.0
3862.9
-65.8
0.0
22211.4
7955.9
3327.9
1312.4
22211.4
7955.9
3679.0
1312.4
--351.1
--
27
28
29
30
31
1190.6
13160.9
-7298.7
864.1
----24.3
----12474.8
--143.9
7288.4
5097.3
--307.5
-3.6
------
--166.5
-144.9
49.7
---1438.3
1190.6
13160.9
474.0
7298.7
13487.5
49.7
-143.9
7288.4
6559.9
148.3
---8579.1
1289.3
13160.9
-71.8
10.4
7591.3
----4724.4
----7116.5
1338.9
13160.9
474.0
7298.7
26790.9
1338.9
13160.9
72.1
7298.7
21267.7
---401.9
--5523.2
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.
119
120
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
2007
2008
2009
2010
Q1
Assets
Q2
2011
Q3
Q4
Q1
Q2
Q3
Q4
79544.5
66688.6
69172.9
70330.6
69141.0
70234.1
72729.8
73770.3
73583.4
71032.7
72229.0
Nonfinancial assets
27970.0
24454.0
23738.6
23876.6
24024.9
23416.8
23477.4
23227.7
23321.2
23428.7
23161.8
Financial assets
51574.6
42234.6
45434.3
46454.0
45116.1
46817.3
49252.4
50542.5
50262.2
47604.0
49067.2
7406.0
4936.6
8013.5
4865.2
7883.9
5096.7
7808.6
5192.1
7715.7
5310.2
7719.9
5252.9
7790.1
5314.4
7782.1
5288.3
7922.2
5048.4
8035.4
4987.9
8172.4
4933.1
4
5
20950.7
12444.7
15946.4
16611.1
14820.9
16642.8
18347.7
19459.0
19180.3
15903.6
17325.8
9636.8
5746.9
7408.7
7649.4
6918.7
7863.7
8663.1
9211.7
9008.2
7415.2
8140.2
11314.0
6697.9
8537.6
8961.7
7902.2
8779.1
9684.5
10247.3
10172.1
8488.4
9185.5
1466.8
4260.5
1660.7
2599.8
2221.0
149.1
3216.5
956.9
2471.9
903.5
1568.5
1338.3
85.6
1845.1
1220.3
3055.6
975.2
2080.3
1684.5
119.4
2457.8
1285.7
3206.2
999.0
2207.2
1778.7
127.8
2563.3
1173.8
2813.5
862.4
1951.1
1570.0
112.6
2232.3
1291.4
3123.3
926.4
2196.9
1741.0
125.6
2497.8
1420.5
3437.1
1004.3
2432.9
1939.0
143.7
2744.2
1505.9
3611.7
1034.9
2576.8
2025.4
152.1
2952.2
1503.7
3571.3
1004.5
2566.8
2008.0
152.9
2936.2
1358.4
3011.0
819.0
2191.9
1646.1
124.1
2348.9
1453.6
3264.1
883.8
2380.3
1826.0
138.0
2503.8
9
10
11
12
13
14
15
4
5
Deposits
Credit market instruments
Directly held
Indirectly held
9
10
11
12
13
14
15
16
Other
18281.3
16911.2
16507.4
16842.3
17269.3
17201.7
17800.2
18013.1
18111.3
18677.1
18635.9
16
17
Liabilities
14346.4
14229.7
14048.0
13930.5
13892.2
13874.7
13905.7
13835.8
13829.5
13768.3
13773.9
17
18
Net worth
65198.2
52458.9
55124.9
56400.0
55248.8
56359.4
58824.1
59934.5
59753.8
57264.4
58455.1
18
17047.6
10190.6
13272.4
13818.5
12375.7
13961.5
15389.2
16383.1
16152.5
13425.9
14602.1
19
26.3
40.6
18.7
29.5
23.1
35.1
23.6
35.8
21.4
32.9
23.7
35.5
25.2
37.3
26.4
38.5
26.1
38.2
22.4
33.4
24.0
35.3
20
21
Memo:
19
20
21
(1) Estimates of equity shares (lines 7 through 15 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.