For use at 12:00 p.m., eastern time
                                       December 9, 2013




      FEDERAL RESERVE STATISTICAL RELEASE




                      Z.1
         Financial Accounts
         of the United States

        Flow of Funds, Balance Sheets,
   and Integrated Macroeconomic Accounts




            Third Quarter 2013




BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
      FEDERAL RESERVE STATISTICAL RELEASE




                      Z.1
         Financial Accounts
         of the United States

        Flow of Funds, Balance Sheets,
   and Integrated Macroeconomic Accounts



            Third Quarter 2013




BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
                                                                                                                                  i


          Recent Developments in Household Net Worth and
                    Domestic Nonfinancial Debt
Household net worth – the difference between the                   Household debt rose at an annual rate of 3.0 percent in
values of households’ assets and liabilities – was $77.3           the third quarter. Home mortgage debt rose about 1
trillion at the end of the third quarter of this year, about       percent in the third quarter, the first expansion in home
$1.9 trillion more than at the end of the second quarter.          mortgage debt since 2008:Q1. Consumer credit rose at
In the third quarter, the value of corporate equities and          an annual rate of 6.0 percent, about the same as the
mutual funds owned by households expanded $917                     increase in the previous quarter.
billion and the value of residential real estate owned by
households increased about $428 billion.                           Nonfinancial business debt rose at an annual rate of 7.5
                                                                   percent in the third quarter, after a 7.2 percent increase
Domestic nonfinancial debt outstanding was $41.4                   in the second quarter. As in recent years, corporate
trillion at the end of the third quarter of 2013, of which         bonds accounted for most of the increase.
household debt was $13.1 trillion, nonfinancial business
debt was $13.4 trillion, and total government debt was             State and local government debt declined at an annual
$15.0 trillion.                                                    rate of 3.9 percent in the third quarter, after rising about
                                                                   1 percent in the second quarter.
Domestic nonfinancial debt growth was 3.5 percent at
a seasonally adjusted annual rate in the third quarter of          Federal government debt rose at an annual rate of 1.5
2013, about the same as the second quarter pace.                   percent in the third quarter of 2013, slightly less than the
                                                                   pace in the second quarter.


 Household Net Worth and Growth of Domestic Nonfinancial Debt
                                                               Growth of domestic nonfinancial debt2
                     Household                                                                    State and
                     net worth1
        Year                               Total          Households           Business          local govts.         Federal
 2003                 49,550                   8.0               11.8                2.2                8.3              10.9
 2004                 56,618                   9.3               11.1                6.8              11.4                 9.0
 2005                 62,825                   9.3               11.2                9.0                5.8                7.0
 2006                 67,476                   8.7               10.0               10.9                3.9                3.9
 2007                 67,990                   8.6                6.8               13.6                5.5                4.9
 2008                 57,319                   6.0                0.1                6.3                0.6              24.2
 2009                 59,040                   3.1               -1.7               -2.2                4.0              22.7
 2010                 63,485                   4.0               -2.8                1.5                2.3              20.2
 2011                 64,881                   3.7               -1.4                4.8               -1.7              11.4
 2012                 70,927                   4.9                0.2                6.0               -0.2              10.9


 2011:     Q3         63,030                   4.7               -1.1                4.3               -0.3              14.4
           Q4         64,881                   4.6               -0.1                5.0               -1.6              12.1
 2012:     Q1         67,326                   4.7               -1.1                4.5                0.4              13.5
           Q2         67,383                   5.3                1.4                4.9                2.9              11.0
           Q3         69,605                   3.0               -1.6                5.1               -0.2                7.1
           Q4         70,927                   6.2                2.1                9.1               -3.8              10.4
 2013:     Q1         73,975                   4.4               -0.7                4.9                2.4              10.1
           Q2         75,337                   3.4                0.8                7.2                1.1                2.5
           Q3         77,259                   3.5                3.0                7.5               -3.9                1.5
 1. Shown on table B.100, which includes nonprofit organizations. Billions of dollars; amounts outstanding end of period, not
 seasonally adjusted
 2. Percentage changes shown on an end-of-period basis; quarterly data are seasonally adjusted annual rates
                                                                                                          iii


                                   Release Highlights
                                   Third Quarter 2013
                Topic                                           Description
International banking facilities    International banking facilities (IBFs) are now being treated as
(IBFs)                              domestic entities rather than foreign entities, consistent with the
                                    “residency” criteria described in the System of National
                                    Accounts (SNA 2008) and their treatment in the U.S Balance of
                                    Payments statistics. IBFs have been moved from the rest of the
                                    world sector (tables F.106 and L.106) to the U.S.-chartered
                                    depository institutions (tables F.110 and L.110) and foreign
                                    banking offices in U.S. (tables F.111 and L.111) sectors.
                                    Instrument categories that were most affected by this shift
                                    include time and savings deposits (tables F.205 and L.205),
                                    depository instution loans n.e.c. (tables F.215 and L.215), and
                                    net interbank transactions (tables F.203 and L.203). Generally,
                                    IBFs take deposits from and make loans to foreign customers.
                                    Under the previous treatment, these transactions were not
                                    included in the Financial Accounts because IBFs were
                                    considered a foreign entity. With this change, IBFs are now
                                    included with domestic depositories, and therefore their
                                    transactions with foreign customers are shown as transactions
                                    with the rest of the world sector. Transactions of IBFs with their
                                    domestic parents are now netted out of the Financial Accounts;
                                    previously these were shown as transactions vis-à-vis foreign
                                    affiliates.
Federal funds and security          Additional detail on federal funds and security repurchase
repurchase agreements               agreements is now available (tables F.207 and L.207). Federal
                                    funds and security repurchase agreements of the rest of the
                                    world and the government-sponsored enterprises (GSEs)
                                    sectors, previously shown only as net assets, now shows assets
                                    and liabilities separately. This detail is also shown on the sector
                                    tables for the rest of the world (tables F.106 and L.106) and
                                    GSEs (tables F.123 and L.123).
Treasury and agency- and GSE-       Mutual fund holdings of government securities, which include
backed securities held by mutual    Treasury and agency- and GSE-backed securities (tables F.121
funds                               and L.121), have been reallocated from 2001:Q4 forward to
                                    reflect new methodology which incorporates mutual fund
                                    portfolio data from the Center for Research in Security Prices
                                    (CRSP).
iv
                                                                                                                             v


                                           Explanatory Notes

                                                              liability in existence at a point in time. In the Financial
Financial Accounts of the United States
                                                              Accounts, the levels are reported as of the end of each
The Financial Accounts of the United States (previously       calendar quarter. In the SNA2008, the change in the
referred to as the Flow of Funds Accounts) are                level from one period to the next is called the “economic
organized into the following sections:                        flow”, and can be decomposed into three broad
                                                              elements: transactions, which measure the exchange of
    ■    Matrices summarizing flows and levels across         assets; revaluations, which measure changes in market
         sectors, and tables summarizing credit market        value of untraded assets; and other changes in volume,
         borrowing, gross domestic product (GDP),             which measure discontinuities or breaks in time series
         national income, saving, and so on                   due to disaster losses or a change in source data or
    ■    Flow of funds, by sector and financial               definition.
         instrument
    ■    Levels of financial assets and liabilities, by       In the Financial Accounts, “flow of funds” refers to the
         sector and financial instrument                      exchange of assets, corresponding to the SNA definition
    ■    Balance sheets, including nonfinancial assets,       of transactions, that is, “flow tables” in the Financial
         and changes in net worth for households and          Accounts are equivalent to “transaction tables” in the
         nonprofit organizations, nonfinancial corporate      SNA terminology.
         businesses, and nonfinancial noncorporate
         businesses                                           Currently, revaluations are not separately identifiable
    ■    Supplementary tables providing additional            from other changes in volume in most of the Financial
         detail on selected sectors                           Accounts. The sum of revaluations and other volume
    ■    Integrated Macroeconomic Accounts                    changes can be measured as the change in levels from
                                                              one quarter to the next, less the flow. Note that in
The Integrated Macroeconomic Accounts (IMA) relate            practice, other volume changes are relatively rare, and
production, income, saving, and capital formation from        revaluations only occur for series carried at market value
the national income and product accounts (NIPA) to            (such as corporate equities and mutual fund shares), so
changes in net worth from the FA on a sector-by-sector        for many series the change in the level is equal to the
basis. The IMA are published jointly by the Federal           flow. Revaluations are available separately from other
Reserve Board and the Bureau of Economic Analysis             changes in volume in the IMA.
and are based on international guidelines and
terminology as defined in the System of National              Growth Rates
Accounts (SNA1993, revised in 2008).
                                                              Growth rates calculated from levels will include
                                                              revaluations and other changes in volume. To isolate
Federal Reserve Board staff have taken many steps over
                                                              the effect of transactions on growth of a given asset or
the past several years to conform the Financial Accounts
                                                              liability, users should calculate the ratio of the flow in a
with the SNA guidelines. Nonetheless, a few important
                                                              given period to the level in the preceding period.
differences remain. In particular, in the Financial
Accounts:
                                                              Growth rates in table D.1 are calculated by dividing
    ■                                                         seasonally adjusted flows from table D.2 by seasonally
         The purchase of consumer durables is treated as
                                                              adjusted levels at the end of the previous period from
         investment rather than as consumption.
    ■                                                         table D.3. Growth rates calculated from changes in
         Nonfinancial noncorporate business (which are
                                                              unadjusted levels printed in table L.2 may differ from
         often small businesses) are shown in a separate
                                                              those in table D.1.
         sector rather than being included in the
         household sector.
    ■                                                         Seasonal Adjustment
         Most debt securities are recorded at book value
         rather than market value.
                                                              Seasonal factors are recalculated and updated every
                                                              year, and these revised factors are first published in the
Concepts of Level and Flow in the SNA                         September release of second-quarter data. All series that
and the Financial Accounts                                    exhibit significant seasonal patterns are adjusted. The
                                                              seasonal factors are generated using the X-12-ARIMA
The level of an asset or liability (also referred to as the
                                                              seasonal adjustment program from the U.S. Census
stock or outstanding) measures the value of the asset or
                                                              Bureau, estimated using the most recent 10 years of
vi
data. Because the effects of the recent financial crisis       The guide is not part of the quarterly release, but it is
resulted in large outliers in some series that would have      continually updated and kept consistent with the most
distorted the estimated seasonal factors, seasonal factors     recently published data. The guide and the data from the
for some series were extrapolated using pre-crisis data.       Financial Accounts are available free of charge at the
Seasonally adjusted levels shown in table D.3 are              following link:
derived by carrying forward year-end levels by
seasonally adjusted flows.                                     www.federalreserve.gov/apps/fof/

                                                               Each input and calculated series in the Z.1 is identified
Data Revisions
                                                               according to a unique string of patterned numbers and
Data shown for the most recent quarters are based on           letters. The series structure page of the guide provides a
preliminary and potentially incomplete information. A          breakdown of what the letters and numbers represent in
summary list of the most recent data available for each        the series mnemonics. The relationships between
sector is provided in a table following these notes.           different components of a series (for example, levels,
Nonetheless, when source data are revised or estimation        seasonally adjusted annual rate flows, unadjusted flows,
methods are improved, all data are subject to revision.        seasonal factors, and so on) are also described on the
There is no specific revision schedule; rather, data are       series structure page.
revised on an ongoing basis. In each release of the
Financial Accounts, major revisions are highlighted at
                                                               Production Schedule
the beginning of the publication.
                                                               The Financial Accounts are published online and in print
                                                               4 times per year, about 10 weeks following the end of
Discrepancies
                                                               each calendar quarter. The publication and the guide are
The data in the Financial Accounts come from a large           available online here:
variety of sources and are subject to limitations and
uncertainty due to measurement errors, missing                 www.federalreserve.gov/releases/Z1
information, and incompatibilities among data sources.
The size of this uncertainty cannot be quantified, but its     This website also provides coded tables and historical
existence is acknowledged by the inclusion of                  annual tables beginning in 1945 that correspond with the
“statistical discrepancies” for various sectors and            tables published in this release. There are also
financial instruments.                                         compressed ASCII files of quarterly data for seasonally
                                                               adjusted flows, unadjusted flows, outstandings, balance
The discrepancy for a given sector is defined as the           sheets, debt (tables D.1, D.2, and D.3), supplementary
difference between the aggregate value of the sector’s         tables, and the IMA.
sources of funds and the value of its uses of funds. For a
financial instrument category, the discrepancy is defined      In addition, the data are available as customizable
as the difference between the measurement of funds             datasets through the Federal Reserve Board’s Data
raised through the financial instrument and funds              Download Program (DDP) here:
disbursed through that instrument. The relative size of
the statistical discrepancy is one indication of the quality   www.federalreserve.gov/datadownload/Choose.aspx?rel=Z.1
of the underlying source data. Note that differences in
seasonal adjustment procedures sometimes result in
                                                               Print Subscription Information
quarterly discrepancies that partially or completely
offset each other in the annual data.                          The Federal Reserve Board charges a fee for
                                                               subscriptions to print versions of statistical releases.
                                                               Inquiries regarding print versions should be directed to
The Flow of Funds Guide
                                                               the following office:
Substantially more detail on the construction of the
Financial Accounts is available in the Flow of Funds           Publications Services, Stop 127
Guide, which provides interactive, online documentation        Board of Governors
for each data series. The tools and descriptions in the        of the Federal Reserve System
guide are designed to help users understand the structure      20th Street and Constitution Avenue, N.W.
and content of the Financial Accounts. The guide               Washington, DC 20551
allows users to search for series, browse tables of data,      (202) 452-3245
and identify links among series within these accounts. It
also provides descriptions of each of the published
tables and information on the source data underlying
each series.
                                                                                                      vii


               Description of Most Recent Data Available

            Sector Table                               Available at time of publication
National income and product          Second estimate, seasonally adjusted, for 2013:Q3. Unadjusted
accounts (NIPA)                      flows since 2012 for the government sectors and since 2006 for
                                     all other sectors were unavailable.
(various tables)
Households and nonprofit             Estimates for this sector are largely residuals and are derived
organizations sector                 from data for other sectors. Availability of data depends on
(tables F.100 and L.100)             schedules for other sectors. Data for consumer credit, which are
                                     estimated directly, are available through 2013:Q3. 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.
Nonfinancial corporate business      Quarterly Financial Report (QFR) of the Census Bureau through
(tables F.102 and L.102)             2013:Q3; Internal Revenue Service Statistics of Income
                                     (IRS/SOI) data through 2011; securities offerings, mortgages,
                                     bank loans, commercial paper, and other loans through
                                     2013:Q3. Corporate farm data for 2012.
Nonfinancial noncorporate business   IRS/SOI data through 2010; bank and finance company loans,
(tables F.103 and L.103)             and mortgage borrowing through 2013:Q3. Noncorporate farm
                                     data for 2012.
State and local governments          Gross offerings and retirements of municipal securities, deposits
(tables F.104 and L.104)             at banks, and nonmarketable U.S. government security issues
                                     through 2013:Q3; total financial assets through 2011:Q2 from
                                     the Census Bureau; breakdown of financial assets through
                                     2011:Q2 from the comprehensive annual financial reports of
                                     state and local governments.
Federal government                   Data from the Monthly Treasury Statement of Receipts and
(tables F.105 and L.105)             Outlays and Treasury data for loan programs and the Troubled
                                     Assets Relief Program (TARP) through 2013:Q3.
Rest of the world                    Balance of payments and International Investment Position data
(tables F.106 and L.106)             through 2013:Q2. NIPA estimates; bank Call Reports and
                                     Treasury International Capital System data through 2013:Q3.
Monetary authority                   All data through 2013:Q3.
(tables F.108 and L.108)
U.S.-chartered depository            All data through 2013:Q3.
institutions
(tables F.110 and L.110)
Foreign banking offices in U.S.      All data through 2013:Q3.
(tables F.111 and L.111)
Banks in U.S.-affiliated areas       All data through 2013:Q3.
(tables F.112 and L.112)
Credit unions                        All data through 2013:Q3.
(tables F.113 and L.113)
viii
              Sector Table                                Available at time of publication

  Property-casualty insurance          All data through 2013:Q3.
  companies
  (tables F.114 and L.114)
  Life insurance companies             All data through 2013:Q3.
  (tables F.115 and L.115)
  Private pension funds                Internal Revenue Service/Department of Labor/Pension Benefit
  (tables F.116 and L.116)             Guaranty Corporation Form 5500 data through 2011.
  State and local government           Detailed data through 2011:Q2 from the Census Bureau; sample
  employee retirement funds            data through 2013:Q3 from the Census Bureau.
  (tables F.117 and L.117)
  Federal government retirement        Data from the Monthly Treasury Statement of Receipts and
  funds                                Outlays, the Thrift Savings Plan, and the National Railroad
  (tables F.118 and L.118)             Retirement Investment Trust through 2013:Q3.
  Money market mutual funds            All data through 2013:Q3.
  (tables F.119 and L.119)
  Mutual funds                         All data through 2013:Q3.
  (tables F.120 and L.120
  Closed-end funds                     All data through 2013:Q3.
  (tables F.121 and L.121)
  Exchange-traded funds                All data through 2013:Q3.
  (tables F.121 and L.121)
  Government Sponsored Enterprises     Data for Fannie Mae, Freddie Mac, Farmer Mac, FHLB, FICO,
  (GSEs)                               FCS, and REFCORP through 2013:Q3.
  (tables F.122 and L.122)
  Agency- and GSE-backed               Data for Fannie Mae, Freddie Mac, Farmer Mac, and Ginnie
  mortgage pools                       Mae through 2013:Q3.
  (tables F.123 and L.123)
  Issuers of asset-backed securities   All data for private mortgage pools, consumer credit, business
  (ABSs)                               loans, student loans, consumer leases, and trade credit
  (tables F.124 and L.124)             securitization through 2013:Q3.
  Finance companies                    All data through 2013:Q3.
  (tables F.125 and L.125)
  Real Estate Investment Trusts        Data from SNL Financial through 2013:Q3.
  (REITs)
  (tables F.126 and L.126)
  Security brokers and dealers         Data for firms filing FOCUS and FOGS reports through
  (tables F.127 and L.127)             2013:Q3.
  Holding companies                    All data through 2013:Q3.
  (table F.128 and L.128)
  Funding corporations                 Estimates for this sector are largely residuals and are derived
  (tables F.129 and L.129)             from data for other sectors.
                                                                                                             ix


                                     List of Data Tables

                                         Title                                        Table           Page

Summaries

Flow of Funds Matrix – Flows                                                                          1
Flow of Funds Matrix – Assets and Liabilities                                                         2
Credit Market Debt Growth by Sector                                                   D.1             3
Credit Market Borrowing by Sector                                                     D.2             4
Credit Market Debt Outstanding by Sector                                              D.3             5
Total Credit Market Borrowing and Lending                                             F.1             6
Credit Market Borrowing by Nonfinancial Sectors                                       F.2             7
Credit Market Borrowing by Financial Sectors                                          F.3             7
Credit Market Borrowing, All Sectors, by Instrument                                   F.4             8
Total Liabilities and Its Relation to Total Financial Assets                          F.5             8
Credit Market Debt Outstanding                                                        L.1             9
Credit Market Debt Owed by Nonfinancial Sectors                                       L.2         10
Credit Market Debt Owed by Financial Sectors                                          L.3         10
Credit Market Debt, All Sectors, by Instrument                                        L.4         11
Total Liabilities and Its Relation to Total Financial Assets                          L.5         11
Distribution of Gross Domestic Product                                                F.6         12
Distribution of National Income                                                       F.7         13
Saving and Investment                                                                 F.8         14
Net Capital Transfers                                                                 F.9         15
Derivation of Measures of Personal Saving                                             F.10        16
Assets and Liabilities of the Personal Sector                                         L.10        17

                                                                       Flows                 Levels
                             Title                             Table           Page   Table           Page

Sectors

Households and Nonprofit Organizations                         F.100            18    L.100            66
Nonfinancial Business                                          F.101            19    L.101            67
  Nonfinancial Corporate Business                              F.102            20    L.102            68
  Nonfinancial Noncorporate Business                           F.103            21    L.103            69
State and Local Governments                                    F.104            22    L.104            70
Federal Government                                             F.105            23    L.105            71
x

    Sectors

    Rest of the World                                         F.106   24   L.106   72
    Financial Business                                        F.107   25   L.107   73
      Monetary Authority                                      F.108   26   L.108   74
      Private Depository Institutions                         F.109   27   L.109   75
         U.S.-Chartered Depository Institutions, ex. Credit
             Unions                                           F.110   28   L.110   76
         Foreign Banking Offices in U.S.                      F.111   29   L.111   77
         Banks in U.S.-Affiliated Areas                       F.112   30   L.112   78
         Credit Unions                                        F.113   30   L.113   78
      Property-Casualty Insurance Companies                   F.114   31   L.114   79
      Life Insurance Companies                                F.115   31   L.115   79
      Private and Public Pension Funds                        F.116   32   L.116   80
         Private Pension Funds                                F.117   33   L.117   81
         State and Local Government Employee Retirement
             Funds                                            F.118   34   L.118   82
         Federal Government Employee Retirement Funds         F.119   34   L.119   82
      Money Market Mutual Funds                               F.120   35   L.120   83
      Mutual Funds                                            F.121   35   L.121   83
      Closed-End and Exchange-Traded Funds                    F.122   35   L.122   83
      Government-Sponsored Enterprises                        F.123   36   L.123   84
      Agency- and GSE-Backed Mortgage Pools                   F.124   36   L.124   84
      Issuers of Asset-Backed Securities                      F.125   37   L.125   85
      Finance Companies                                       F.126   37   L.126   85
      Real Estate Investment Trusts                           F.127   38   L.127   86
      Security Brokers and Dealers                            F.128   39   L.128   87
      Holding Companies                                       F.129   40   L.129   88
      Funding Corporations                                    F.130   41   L.130   89


    Instruments

    U.S. Official Reserve Assets and SDR Allocations          F.200   42   L.200   90
    Special Drawing Rights (SDRs) Certificates and Treasury
    Currency                                                  F.201   42   L.201   90
    U.S. Deposits in Foreign Countries                        F.202   42   L.202   90
    Net Interbank Transactions                                F.203   43   L.203   91
    Checkable Deposits and Currency                           F.204   44   L.204   92
    Time and Savings Deposits                                 F.205   45   L.205   93
                                                                                           xi

Instruments

Money Market Mutual Fund Shares                         F.206       45   L.206       93
Federal Funds and Security Repurchase Agreements        F.207       46   L.207       94
Open Market Paper                                       F.208       47   L.208       95
Treasury Securities                                     F.209       48   L.209       96
Agency- and GSE-Backed Securities                       F.210       49   L.210       97
Municipal Securities and Loans                          F.211       50   L.211       98
Corporate and Foreign Bonds                             F.212       51   L.212       99
Corporate Equities                                      F.213       52   L.213      100
Mutual Fund Shares                                      F.214       52   L.214      100
Depository Institution Loans Not Elsewhere Classified   F.215       53   L.215      101
Other Loans and Advances                                F.216       54   L.216      102
Total Mortgages                                         F.217       55   L.217      103
  Home Mortgages                                        F.218       56   L.218      104
  Multifamily Residential Mortgages                     F.219       56   L.219      104
  Commercial Mortgages                                  F.220       57   L.220      105
  Farm Mortgages                                        F.221       57   L.221      105
Consumer Credit                                         F.222       58   L.222      106
Trade Credit                                            F.223       59   L.223      107
Security Credit                                         F.224       59   L.224      107
Life Insurance Reserves                                 F.225       60   L.225      108
Pension Entitlements                                    F.226       60   L.226      108
Taxes Payable by Businesses                             F.227       60   L.227      108
Proprietors' Equity in Noncorporate Business            F.228       60   L.228      108
Total Miscellaneous Financial Claims                    F.229       61   L.229      109
  Identified Miscellaneous Financial Claims - Part I    F.230       62   L.230      110
  Identified Miscellaneous Financial Claims - Part II   F.231       63   L.231      111
  Unidentified Miscellaneous Financial Claims           F.232       64   L.232      112
Sector Discrepancies                                    F.11        65
Instrument Discrepancies                                F.12        65

                                                         Balance Sheet    Reconciliation
                            Title                       Table     Page   Table      Page

Balance Sheet and Changes in Net Worth

Households and Nonprofit Organizations                  B.100     113    R.100      116
Nonfinancial Corporate Business                         B.102     114    R.102      117
Nonfarm Noncorporate Business                           B.103     115    R.103      118
xii


                                                                      Flows                   Levels
                            Title                             Table           Page    Table            Page

 Supplementary Tables
 Balance Sheet of Households and Nonprofit Organizations
 with Equity Detail                                                                  B.100.e           119
 Nonprofit Organizations                                    F.100.a           120    L.100.a           121
 Consolidated Statement for Federal, State, and Local
 Governments                                                F.105.c           122    L.105.c           123
 Private Pension Funds: Defined Benefit Plans               F.117.b           124    L.117.b           125
 Private Pension Funds: Defined Contribution Plans          F.117.c           124    L.117.c           125
 Individual Retirement Accounts (IRAs)                      F. 226.i          124    L.226.i           125
 Equity Real Estate Investment Trusts                       F.127.e           126    L.127.e           127
 Mortgage Real Estate Investment Trusts                     F.127.m           126    L.127.m           127

                                         Title                                        Table        Page

 Integrated Macroeconomic Accounts for the United States

 Total Economy–Current Account                                                        S.1.a        128
 Selected Aggregates for Total Economy and Sectors                                    S.2.a        129
 Households and Nonprofit Institutions Serving Households                             S.3.a        131
 Nonfinancial Noncorporate Business                                                   S.4.a        134
 Nonfinancial Corporate Business                                                      S.5.a        137
 Financial Business                                                                   S.6.a        140
 Federal Government                                                                   S.7.a        143
 State and Local Governments                                                          S.8.a        146
 Rest of the World                                                                    S.9.a        149