F E D E R A L RE S E R V E S T A T I S T I C A L RE L E A S E

For use at 12:00 p.m., eastern time 

September 25, 2013 

Z.1 

Financial Accounts 

of the United States 

Flow of Funds, Balance Sheets, 

and Integrated Macroeconomic Accounts

Historical Annual Tables 

1955–1964

 

B O A R D O F G O V E R N O R S O F T H E F E D E R A L R E S E R V E S Y S T E M
 
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Title Table Page 

Summaries 

Total Credit Market Borrowing and Lending F.1 1 

Credit Market Borrowing by Nonfinancial Sectors F.2 2 

Credit Market Borrowing by Financial Sectors F.3 2 

Credit Market Borrowing, All Sectors, by Instrument F.4 3 

Total Liabilities and Its Relation to Total Financial Assets F.5 3 

Credit Market Debt Outstanding L.1 4 

Credit Market Debt Owed by Nonfinancial Sectors L.2 5 

Credit Market Debt Owed by Financial Sectors L.3 5 

Credit Market Debt, All Sectors, by Instrument L.4 6 

Total Liabilities and Its Relation to Total Financial Assets L.5 6 

Distribution of Gross Domestic Product F.6 7 

Distribution of National Income F.7 8 

Saving and Investment F.8 9 

Net Capital Transfers F.9 10 

Derivation of Measures of Personal Saving F.10 11 

Assets and Liabilities of the Personal Sector L.10 12 

Title 

Flows Levels 

Table Page Table Page 

Sectors

Households and Nonprofit Organizations F.100 13 L.100 61 

Nonfinancial Business F.101 14 L.101 62 

Nonfinancial Corporate Business F.102 15 L.102 63 

Nonfinancial Noncorporate Business F.103 16 L.103 64 

State and Local Governments F.104 17 L.104 65 

Federal Government F.105 18 L.105 66 

Rest of the World F.106 19 L.106 67 

Financial Business F.107 20 L.107 68 

Monetary Authority F.108 21 L.108 69 

Private Depository Institutions F.109 22 L.109 70 

List of Data Tables 
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Sectors

U.S.-Chartered Depository Institutions, ex. Credit 

Unions F.110 23 L.110 71 

Foreign Banking Offices in U.S. F.111 24 L.111 72 

Banks in U.S.-Affiliated Areas F.112 25 L.112 73 

Credit Unions F.113 25 L.113 73 

Property-Casualty Insurance Companies F.114 26 L.114 74 

Life Insurance Companies F.115 26 L.115 75 

Private and Public Pension Funds F.116 27 L.116 73 

Private Pension Funds F.117 28 L.117 76 

State and Local Government Employee Retirement 

Funds F.118 29 L.118 77 

Federal Government Employee Retirement Funds F.119 29 L.119 77 

Money Market Mutual Funds F.120 30 L.120 78 

Mutual Funds F.121 30 L.121 78 

Closed-End and Exchange-Traded Funds F.122 30 L.122 78 

Government-Sponsored Enterprises F.123 31 L.123 79 

Agency- and GSE-Backed Mortgage Pools F.124 31 L.124 79 

Issuers of Asset-Backed Securities F.125 32 L.125 80 

Finance Companies F.126 32 L.126 80 

Real Estate Investment Trusts F.127 33 L.127 80 

Security Brokers and Dealers F.128 34 L.128 81 

Holding Companies F.129 35 L.129 82 

Funding Corporations F.130 36 L.130 84 

Instruments 

U.S. Official Reserve Assets and SDR Allocations F.200 37 L.200 85 

Special Drawing Rights (SDRs) Certificates and Treasury 

Currency F.201 37 L.201 85 

U.S. Deposits in Foreign Countries F.202 37 L.202 85 

Net Interbank Transactions F.203 38 L.203 86 

Checkable Deposits and Currency F.204 39 L.204 87 

Time and Savings Deposits F.205 40 L.205 88 

Money Market Mutual Fund Shares F.206 40 L.206 88 

Federal Funds and Security Repurchase Agreements F.207 41 L.207 89 

Open Market Paper F.208 42 L.208 90 

Treasury Securities F.209 43 L.209 91 
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Instruments 

Agency- and GSE-Backed Securities F.210 44 L.210 92 

Municipal Securities and Loans F.211 45 L.211 93 

Corporate and Foreign Bonds F.212 46 L.212 94 

Corporate Equities F.213 47 L.213 95 

Mutual Fund Shares F.214 47 L.214 95 

Depository Institution Loans Not Elsewhere Classified F.215 48 L.215 96 

Other Loans and Advances F.216 49 L.216 97 

Total Mortgages F.217 50 L.217 98 

Home Mortgages F.218 51 L.218 99 

Multifamily Residential Mortgages F.219 51 L.219 99 

Commercial Mortgages F.220 52 L.220 100 

Farm Mortgages F.221 52 L.221 100 

Consumer Credit F.222 53 L.222 101 

Trade Credit F.223 54 L.223 102 

Security Credit F.224 54 L.224 102 

Life Insurance Reserves F.225 55 L.225 103 

Pension Entitlements F.226 55 L.226 103 

Taxes Payable by Businesses F.227 55 L.227 103 

Proprietors' Equity in Noncorporate Business F.228 55 L.228 103 

Total Miscellaneous Financial Claims F.229 56 L.229 104 

Identified Miscellaneous Financial Claims - Part I F.230 57 L.230 105 

Identified Miscellaneous Financial Claims - Part II F.231 58 L.231 106 

Unidentified Miscellaneous Financial Claims F.232 59 L.232 107 

Sector Discrepancies F.11 60 

Instrument Discrepancies F.12 60 

Title 

Balance Sheet Reconciliation 

Table Page Table Page 

Balance Sheet and Changes in Net Worth 

Households and Nonprofit Organizations B.100 108 R.100 111 

Nonfinancial Corporate Business B.102 109 R.102 112 

Nonfarm Noncorporate Business B.103 110 R.103 113 

 
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Title 

Flows Levels 

Table Page Table Page 

Supplementary Tables 

Balance Sheet of Households and Nonprofit 

Organizations with Equity Detail B.100.e 114 

Consolidated Statement for Federal, State, and Local 

Governments F.105.c 115 L.105.c 116 

Private Pension Funds: Defined Benefit Plans F.117.b 117 L.117.b 118 

Private Pension Funds: Defined Contribution Plans F.117.c 117 L.117.c 118 

Individual Retirement Accounts (IRAs F.226.i 117 L.226.i 118 

Equity Real Estate Investment Trusts F.127.e 119 L.127.e 120 

Mortgage Real Estate Investment Trusts F.127.m 119 L.127.m 120 

Title Table Page 

Integrated Macroeconomic Accounts for the United States 

Total Economy–Current Account S.1.a 121 

Selected Aggregates for Total Economy and Sectors S.2.a 122 

Households and Nonprofit Institutions Serving Households S.3.a 124 

Nonfinancial Noncorporate Business S.4.a 127 

Nonfinancial Corporate Business S.5.a 130 

Financial Business S.6.a 133 

Federal Government S.7.a 136 

State and Local Governments S.8.a 139 

Rest of the World S.9.a 142 
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Historical Annuals, 1955-1964, 1

F.1 Total Credit Market Borrowing and Lending (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Credit market borrowing 40.4 29.5 31.2 38.9 56.8 41.5 48.3 59.6 66.0 74.3 1

 2 Domestic nonfinancial sectors 37.4 26.0 27.0 36.7 49.6 34.8 43.7 53.0 55.7 64.1 2

 3 Household sector 20.7 14.9 12.6 10.8 22.0 18.0 17.4 21.9 27.1 29.8 3

 4 Nonfinancial corporate business 8.6 9.7 9.6 7.3 8.6 8.6 6.8 10.6 10.6 13.5 4

 5 Nonfinancial noncorporate business 3.9 3.1 2.5 3.8 6.1 4.8 6.7 7.6 8.7 8.3 5

 6 State and local governments 5.0 4.2 4.7 5.6 6.0 5.5 5.6 6.0 5.5 6.4 6

 7 Federal government -0.8 -5.9 -2.2 9.2 6.9 -2.0 7.2 6.9 3.8 6.1 7

 8 Rest of the world 0.0 0.9 1.3 2.0 0.6 1.8 2.2 2.1 3.2 4.0 8

 9 Financial sectors 2.9 2.6 2.9 0.2 6.6 4.9 2.4 4.6 7.1 6.3 9

 10 U.S.-chartered depository institutions 0.4 0.1 0.3 -0.1 0.8 0.6 1.2 0.8 1.7 1.5 10

 11 Foreign banking offices in U.S. -0.0 0.1 0.1 -0.0 -0.0 0.2 0.1 -0.0 0.0 0.1 11

 12 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Government-sponsored enterprises 1.0 0.7 1.1 0.1 2.3 0.6 0.7 1.5 1.4 0.5 14

 15 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 -0.0 0.1 0.1 0.1 0.1 15

 16 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Finance companies 1.6 1.7 1.4 0.2 3.5 3.5 0.2 2.2 3.8 4.1 17

 18 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Credit market lending 40.4 29.5 31.2 38.9 56.8 41.5 48.3 59.6 66.0 74.3 22

 23 Domestic nonfinancial sectors 15.1 5.5 7.3 3.1 21.7 4.8 5.3 6.6 9.9 11.4 23

 24 Household sector 8.1 7.3 7.1 0.7 10.5 8.1 3.9 3.3 1.6 6.4 24

 25 Nonfinancial corporate business 4.9 -3.8 -0.4 0.7 7.7 -5.8 -1.2 -0.5 4.9 0.3 25

 26 Nonfinancial noncorporate business 0.1 0.2 0.0 0.0 0.3 -0.2 -0.1 0.2 0.2 0.2 26

 27 State and local governments 1.2 1.2 -0.0 0.2 1.4 1.6 1.0 1.6 1.7 1.7 27

 28 Federal government 0.7 0.7 0.6 1.5 1.8 1.0 1.7 1.9 1.6 2.8 28

 29 Rest of the world 0.2 0.6 0.2 0.0 4.2 0.9 0.5 1.7 1.1 1.0 29

 30 Financial sectors 25.0 23.4 23.8 35.7 30.9 35.8 42.5 51.3 55.0 61.9 30

 31 Monetary authority -0.6 0.3 -0.9 2.5 0.3 0.4 1.7 1.7 3.2 2.9 31

 32 U.S.-chartered depository institutions 12.0 12.5 12.2 23.2 13.9 18.8 27.0 32.2 34.0 38.6 32

 33 Foreign banking offices in U.S. -0.0 -0.0 -0.1 0.0 0.1 0.3 0.6 0.1 -0.2 0.2 33

 34 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.1 -0.0 0.0 0.0 0.1 0.1 0.0 34

 35 Credit unions 0.4 0.4 0.5 0.3 0.7 0.7 0.4 0.6 0.7 0.9 35

 36 Property-casualty insurance companies 0.7 0.4 0.7 0.8 1.2 0.9 1.0 1.5 0.8 0.8 36

 37 Life insurance companies 5.1 5.1 4.8 5.1 5.0 5.1 5.3 6.0 6.4 7.0 37

 38 Private pension funds 1.3 1.6 1.8 1.7 1.7 1.8 1.5 1.7 1.9 2.3 38

 39 State and local govt. retirement funds 1.3 1.2 1.6 1.7 1.9 2.1 2.2 2.1 2.3 2.8 39

 40 Federal government retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 41 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

 42 Mutual funds 0.1 0.2 0.1 0.3 0.3 0.2 0.4 0.2 0.2 0.4 42

 43 Closed-end funds 0.1 0.1 0.1 0.1 0.2 0.2 -0.0 -0.0 0.4 0.2 43

 44 Exchange-traded funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 44

 45 Government-sponsored enterprises 1.0 1.0 1.3 0.3 2.2 1.2 1.0 1.6 1.5 0.7 45

 46 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 -0.0 0.1 0.1 0.1 0.1 46

 47 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 47

 48 Finance companies 3.8 0.9 1.3 -0.3 3.5 3.5 1.1 2.2 4.5 4.2 48

 49 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 49

 50 Brokers and dealers -0.2 -0.4 0.4 -0.1 -0.0 0.7 0.2 0.9 -1.0 0.8 50

 51 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 51

 52 Funding corporations 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 52

(1) Excludes corporate equities and mutual fund shares.
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2 Historical Annuals, 1955-1964,

F.2 Credit Market Borrowing by Nonfinancial Sectors

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Domestic 37.4 26.0 27.0 36.7 49.6 34.8 43.7 53.0 55.7 64.1 1

 2 By instrument 37.4 26.0 27.0 36.7 49.6 34.8 43.7 53.0 55.7 64.1 2

 3 Commercial paper -0.2 0.0 0.0 0.2 -0.3 0.5 0.3 0.1 -0.2 0.2 3

 4 Treasury securities -0.1 -5.6 -2.7 8.8 7.3 -2.2 6.7 6.1 3.9 5.2 4

 5 Agency- and GSE-backed securities -0.7 -0.3 0.3 -0.1 -0.6 -0.3 0.3 0.5 -0.2 0.9 5

 6 Municipal securities 5.0 4.2 4.5 5.5 5.8 5.3 5.4 5.5 5.2 6.1 6

 7 Corporate bonds 3.0 3.5 6.0 5.6 3.1 3.4 4.4 4.0 3.8 4.0 7

 8 Depository institution loans n.e.c. 6.2 5.0 2.1 -0.2 4.8 3.4 2.3 5.3 5.0 7.0 8

 9 Other loans and advances 0.9 1.0 1.9 1.1 2.6 3.4 1.6 2.1 2.8 3.6 9

 10 Mortgages 16.2 14.6 12.2 15.4 19.2 17.3 20.6 23.5 26.8 27.8 10

 11 Home 12.6 10.8 8.6 9.8 13.0 11.3 12.7 14.3 16.8 17.2 11

 12 Multifamily residential 0.8 0.6 0.5 2.0 2.1 2.1 2.8 3.1 3.3 4.6 12

 13 Commercial 2.1 2.4 2.5 3.0 3.1 3.2 4.0 4.8 5.1 3.9 13

 14 Farm 0.8 0.8 0.6 0.7 1.0 0.7 1.1 1.3 1.6 2.1 14

 15 Consumer credit 7.0 3.6 2.6 0.3 7.7 4.0 2.2 5.9 8.5 9.5 15

 16 By sector 37.4 26.0 27.0 36.7 49.6 34.8 43.7 53.0 55.7 64.1 16

 17 Household sector 20.7 14.9 12.6 10.8 22.0 18.0 17.4 21.9 27.1 29.8 17

 18 Nonfinancial business 12.5 12.8 12.0 11.1 14.6 13.4 13.5 18.2 19.3 21.8 18

 19 Corporate 8.6 9.7 9.6 7.3 8.6 8.6 6.8 10.6 10.6 13.5 19

 20 Noncorporate 3.9 3.1 2.5 3.8 6.1 4.8 6.7 7.6 8.7 8.3 20

 21 State and local governments 5.0 4.2 4.7 5.6 6.0 5.5 5.6 6.0 5.5 6.4 21

 22 Federal government -0.8 -5.9 -2.2 9.2 6.9 -2.0 7.2 6.9 3.8 6.1 22

 23 Foreign borrowing in U.S. 0.0 0.9 1.3 2.0 0.6 1.8 2.2 2.1 3.2 4.0 23

 24 Commercial paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Bonds -0.2 0.3 0.4 0.9 0.5 0.6 0.4 1.0 1.0 0.5 25

 26 Depository institution loans n.e.c. 0.2 0.4 0.3 0.5 0.2 0.1 0.7 0.4 0.6 1.5 26

 27 Other loans and advances 0.0 0.2 0.5 0.6 -0.1 1.1 1.1 0.7 1.6 2.0 27

 28 Domestic and foreign 37.4 26.9 28.3 38.7 50.2 36.6 45.9 55.0 58.9 68.0 28

F.3 Credit Market Borrowing by Financial Sectors

Billions of dollars

 1 By instrument 2.9 2.6 2.9 0.2 6.6 4.9 2.4 4.6 7.1 6.3 1

 2 Open market paper 0.0 0.5 0.8 -0.2 0.7 1.7 0.5 1.2 1.3 2.0 2

 3 GSE issues 0.9 0.4 1.4 0.1 2.2 0.7 0.6 1.5 1.5 0.4 3

 4 Agency- and GSE-backed mortgage pool sec. 0.0 0.0 0.0 0.0 0.0 -0.0 0.1 0.1 0.1 0.1 4

 5 Corporate bonds 0.4 1.3 1.2 -0.1 1.0 3.2 0.7 0.3 1.6 3.1 5

 6 Depository institution loans n.e.c. 0.9 0.3 -0.3 0.5 1.8 -0.6 -0.3 0.6 1.4 -0.0 6

 7 Other loans and advances 0.6 0.1 -0.2 0.0 0.9 -0.3 0.7 0.8 1.2 0.7 7

 8 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 By sector 2.9 2.6 2.9 0.2 6.6 4.9 2.4 4.6 7.1 6.3 9

 10 U.S.-chartered depository institutions 0.4 0.1 0.3 -0.1 0.8 0.6 1.2 0.8 1.7 1.5 10

 11 Foreign banking offices in U.S. -0.0 0.1 0.1 -0.0 -0.0 0.2 0.1 -0.0 0.0 0.1 11

 12 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Government-sponsored enterprises 1.0 0.7 1.1 0.1 2.3 0.6 0.7 1.5 1.4 0.5 14

 15 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 -0.0 0.1 0.1 0.1 0.1 15

 16 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Finance companies 1.6 1.7 1.4 0.2 3.5 3.5 0.2 2.2 3.8 4.1 17

 18 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21
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Historical Annuals, 1955-1964, 3

F.4 Credit Market Borrowing, All Sectors, by Instrument

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total 40.4 29.5 31.2 38.9 56.8 41.5 48.3 59.6 66.0 74.3 1

 2 Open market paper -0.2 0.5 0.8 -0.0 0.3 2.2 0.9 1.3 1.0 2.2 2

 3 Treasury securities -0.1 -5.6 -2.7 8.8 7.3 -2.2 6.7 6.1 3.9 5.2 3

 4 Agency- and GSE-backed securities 0.3 0.2 1.7 0.0 1.6 0.5 1.0 2.2 1.5 1.4 4

 5 Municipal securities 5.0 4.2 4.5 5.5 5.8 5.3 5.4 5.5 5.2 6.1 5

 6 Corporate and foreign bonds 3.2 5.1 7.7 6.4 4.5 7.2 5.6 5.4 6.3 7.6 6

 7 Depository institution loans n.e.c. 7.3 5.7 2.0 0.8 6.8 3.0 2.6 6.3 7.0 8.4 7

 8 Other loans and advances 1.5 1.3 2.2 1.7 3.5 4.2 3.5 3.6 5.7 6.3 8

 9 Mortgages 16.2 14.6 12.2 15.4 19.2 17.3 20.6 23.5 26.8 27.8 9

 10 Consumer credit 7.0 3.6 2.6 0.3 7.7 4.0 2.2 5.9 8.5 9.5 10

 Memo:

 Funds raised through corporate equities and mutual fund shares

 11 Total net issues 2.5 3.5 4.2 2.3 3.7 3.6 3.2 1.9 1.8 2.6 11

 12 Corporate equities 1.9 2.7 3.3 0.9 2.3 2.5 1.5 0.7 0.8 1.4 12

 13 Nonfinancial 1.7 2.3 2.4 2.0 2.1 1.4 2.1 0.4 -0.3 1.1 13

 Foreign shares purchased by

 14 U.S. residents 0.4 -0.2 -0.4 -0.6 -0.3 0.1 0.3 -0.0 0.1 0.2 14

 15 Financial -0.2 0.6 1.3 -0.4 0.5 1.1 -0.9 0.3 1.0 0.0 15

 16 Mutual fund shares 0.6 0.8 0.8 1.4 1.4 1.0 1.7 1.3 1.0 1.2 16

F.5 Net Increase in Liabilities and Its Relation to Net Acquisition of Financial Assets

Billions of dollars

 Net flows through credit markets

 1 (from table F.4, line 1) 40.4 29.5 31.2 38.9 56.8 41.5 48.3 59.6 66.0 74.3 1

 2 U.S. official reserve assets -0.1 0.6 0.4 -0.0 0.0 -0.4 0.3 -0.6 0.1 -0.0 2

 3 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Treasury currency 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 4

 5 Foreign deposits -0.0 0.0 -0.0 0.0 -0.0 0.0 0.1 -0.1 -0.2 0.1 5

 6 Net interbank transactions 1.5 0.9 -0.9 -0.9 0.3 -0.1 1.6 0.5 -0.9 0.8 6

 7 Checkable deposits and currency 2.3 1.9 -0.5 5.8 2.0 1.9 6.0 5.4 5.2 8.9 7

 8 Small time and savings deposits 8.8 9.6 12.1 14.3 10.8 11.7 18.3 25.8 25.6 25.7 8

 9 Large time deposits -0.3 -0.2 0.2 2.6 -1.7 3.6 2.4 2.8 3.9 4.8 9

 10 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Security RPs -0.4 0.1 -0.0 -0.1 0.2 -0.2 -0.0 0.1 -0.5 0.3 11

 12 Corporate equities 1.9 2.7 3.3 0.9 2.3 2.5 1.5 0.7 0.8 1.4 12

 13 Mutual fund shares 0.6 0.8 0.8 1.4 1.4 1.0 1.7 1.3 1.0 1.2 13

 14 Trade payables 11.2 6.4 3.0 6.4 6.4 5.7 6.3 5.0 7.4 8.8 14

 15 Security credit 1.0 -0.6 -0.3 1.7 0.1 0.4 2.2 0.6 2.7 -0.1 15

 16 Life insurance reserves 2.9 3.5 2.7 3.1 3.4 3.2 3.4 3.8 4.2 4.4 16

 17 Pension entitlements 16.9 18.5 22.6 21.8 24.7 23.7 23.9 23.5 26.7 31.1 17

 18 Taxes payable 3.3 -1.5 -2.0 -2.5 1.8 -0.6 -0.4 1.6 1.0 0.7 18

 19 Noncorporate proprietors’ equity -1.1 0.0 0.4 2.9 -4.5 -1.3 -0.1 -0.3 1.4 1.5 19

 20 Miscellaneous 16.4 11.0 17.2 18.0 17.9 17.2 22.6 22.5 27.1 26.8 20

 21 Total financial sources 105.0 83.1 90.4 114.3 121.9 109.8 138.2 152.1 171.5 190.6 21

 - Liabilities not identified as assets:

 22 Treasury currency -0.0 -0.0 -0.0 -0.1 -0.0 -0.0 -0.1 0.0 0.0 0.2 22

 23 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Net interbank liabilities 0.2 -0.1 -0.5 -0.3 0.2 0.0 0.3 -0.9 -0.2 -0.9 24

 25 Security RPs -1.4 -0.5 -0.8 0.7 1.0 0.1 0.1 -0.9 1.0 0.4 25

 26 Taxes payable -9.2 -9.9 -10.7 -10.5 -0.3 0.9 -0.9 1.1 -0.8 0.4 26

 27 Miscellaneous -0.2 -8.2 -3.7 -1.3 -2.2 -2.1 3.8 4.0 4.6 3.4 27

 - Floats not included in assets:

 28 Checkable deposits: State and local govt. 0.4 0.7 0.9 0.4 -1.1 0.2 0.6 -0.3 0.2 -0.9 28

 29 Federal govt. -0.4 0.4 0.1 -0.2 -0.0 -0.2 0.1 0.3 0.1 -0.2 29

 30 Private domestic 0.2 -0.2 -1.2 -0.0 0.6 0.4 1.0 0.7 0.7 1.2 30

 31 Trade credit 1.4 -1.0 1.8 -0.8 1.2 -0.2 -2.5 0.1 0.1 -1.2 31

 Totals identified to sectors

 32 as assets 114.2 102.1 104.6 126.3 122.5 110.8 135.9 147.8 165.8 188.2 32
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4 Historical Annuals, 1955-1964,

L.1 Credit Market Debt Outstanding (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total credit market debt owed by: 582.0 611.5 642.7 681.6 738.7 780.2 828.5 888.2 954.2 1028.5 1

 2 Domestic nonfinancial sectors 550.5 576.5 603.5 640.2 689.9 724.7 768.4 821.4 877.0 940.9 2

 3 Household sector 138.4 153.2 165.8 176.5 198.5 216.5 233.9 255.8 282.9 312.7 3

 4 Nonfinancial corporate business 101.1 110.8 120.4 127.7 136.4 145.0 151.9 162.5 173.1 186.4 4

 5 Nonfinancial noncorporate business 34.8 37.9 40.4 44.2 50.2 55.0 61.7 69.3 78.0 86.3 5

 6 State and local governments 46.1 50.4 55.0 60.7 66.7 72.2 77.8 83.8 89.2 95.6 6

 7 Federal government 230.0 224.1 221.9 231.1 238.0 236.0 243.2 250.0 253.8 259.9 7

 8 Rest of the world 16.4 17.3 18.5 20.5 21.4 23.2 25.4 27.5 30.8 35.0 8

 9 Financial sectors 15.1 17.8 20.7 20.8 27.4 32.3 34.7 39.3 46.4 52.7 9

 10 U.S.-chartered depository institutions 1.9 2.0 2.3 2.3 3.1 3.6 4.8 5.6 7.4 8.8 10

 11 Foreign banking offices in U.S. 0.1 0.2 0.3 0.2 0.2 0.4 0.5 0.5 0.6 0.7 11

 12 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Government-sponsored enterprises 3.1 3.8 4.9 5.0 7.3 7.9 8.6 10.1 11.5 12.1 14

 15 Agency- and GSE-backed mortgage pools 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.4 0.5 0.6 15

 16 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Finance companies 9.9 11.6 13.0 13.1 16.7 20.2 20.4 22.6 26.4 30.5 17

 18 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Total credit market assets held by: 582.0 611.5 642.7 681.6 738.7 780.2 828.5 888.2 954.2 1028.5 22

 23 Domestic nonfinancial sectors 187.6 193.0 200.2 203.3 224.9 229.6 235.0 241.6 251.5 262.9 23

 24 Household sector 117.6 124.9 131.9 132.7 142.8 150.9 154.9 158.2 159.8 166.2 24

 25 Nonfinancial corporate business 31.4 27.5 27.0 27.8 35.5 29.7 28.5 28.0 32.9 33.2 25

 26 Nonfinancial noncorporate business 2.9 3.1 3.1 3.1 3.4 3.2 3.1 3.3 3.6 3.8 26

 27 State and local governments 14.7 15.9 15.9 16.1 17.5 19.1 20.1 21.7 23.3 25.0 27

 28 Federal government 21.0 21.6 22.2 23.6 25.7 26.7 28.4 30.3 31.9 34.7 28

 29 Rest of the world 6.7 7.3 7.5 7.5 11.7 12.6 13.1 14.8 15.9 16.9 29

 30 Financial sectors 387.7 411.3 435.0 470.8 502.2 538.0 580.5 631.8 686.8 748.7 30

 31 Monetary authority 24.4 24.7 23.8 26.3 26.7 27.0 28.8 30.5 33.7 36.6 31

 32 U.S.-chartered depository institutions 220.5 233.0 245.2 268.4 283.2 302.0 329.0 361.2 395.2 433.8 32

 33 Foreign banking offices in U.S. 1.6 1.6 1.5 1.5 1.6 1.9 2.4 2.6 2.4 2.6 33

 34 Banks in U.S.-affiliated areas 0.5 0.6 0.6 0.7 0.2 0.2 0.3 0.4 0.5 0.5 34

 35 Credit unions 2.0 2.4 2.9 3.1 3.8 4.5 4.9 5.6 6.3 7.2 35

 36 Property-casualty insurance companies 11.5 11.9 12.6 13.4 14.6 15.5 16.5 18.0 18.7 19.5 36

 37 Life insurance companies 80.5 85.6 90.5 95.5 100.5 105.6 110.9 116.9 123.3 130.3 37

 38 Private pension funds 11.2 12.7 14.5 16.2 17.9 19.7 21.2 22.9 24.8 27.2 38

 39 State and local govt. retirement funds 10.5 11.7 13.3 15.0 16.8 18.9 21.1 23.2 25.6 28.3 39

 40 Federal government retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 41 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

 42 Mutual funds 0.8 1.1 1.2 1.5 1.8 2.0 2.4 2.6 2.8 3.2 42

 43 Closed-end funds 0.7 0.8 0.9 1.0 1.2 1.4 1.4 1.4 1.8 2.1 43

 44 Exchange-traded funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 44

 45 Government-sponsored enterprises 5.0 6.0 7.3 7.7 9.9 11.1 12.1 13.7 15.3 16.0 45

 46 Agency- and GSE-backed mortgage pools 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.4 0.5 0.6 46

 47 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 47

 48 Finance companies 17.0 18.0 19.3 19.0 22.4 25.9 27.0 29.2 33.7 37.9 48

 49 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 49

 50 Brokers and dealers 1.4 1.0 1.4 1.2 1.2 1.9 2.0 3.0 1.9 2.7 50

 51 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 51

 52 Funding corporations 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 52

(1) Excludes corporate equities and mutual fund shares.
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Historical Annuals, 1955-1964, 5

L.2 Credit Market Debt Owed by Nonfinancial Sectors

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Domestic 550.5 576.5 603.5 640.2 689.9 724.7 768.4 821.4 877.0 940.9 1

 2 By instrument 550.5 576.5 603.5 640.2 689.9 724.7 768.4 821.4 877.0 940.9 2

 3 Commercial paper 0.4 0.4 0.4 0.7 0.3 0.8 1.1 1.2 1.0 1.1 3

 4 Treasury securities 228.4 222.8 220.1 229.0 236.2 234.0 240.7 246.8 250.7 255.9 4

 5 Agency- and GSE-backed securities 1.6 1.4 1.7 1.6 0.9 0.7 1.0 1.5 1.4 2.2 5

 6 Municipal securities 45.7 49.9 54.4 59.8 65.7 71.0 76.3 81.8 87.0 93.2 6

 7 Corporate bonds 54.6 58.0 64.1 69.7 72.8 76.2 80.6 84.6 88.4 92.4 7

 8 Depository institution loans n.e.c. 33.1 38.1 40.1 39.9 45.0 48.4 50.7 55.9 60.9 67.6 8

 9 Other loans and advances 14.1 15.0 16.9 18.0 20.7 24.0 25.7 27.8 30.6 34.2 9

 10 Mortgages 129.8 144.4 156.6 172.0 191.1 208.4 228.9 252.4 279.2 307.0 10

 11 Home 87.9 98.7 107.3 117.1 130.0 141.3 154.0 168.3 185.1 202.3 11

 12 Multifamily residential 13.5 14.1 14.6 16.6 18.7 20.8 23.6 26.7 30.0 34.6 12

 13 Commercial 19.4 21.8 24.3 27.2 30.2 33.4 37.4 42.2 47.3 51.2 13

 14 Farm 9.0 9.8 10.4 11.1 12.1 12.8 13.9 15.2 16.8 18.9 14

 15 Consumer credit 42.9 46.6 49.2 49.5 57.2 61.2 63.4 69.3 77.9 87.4 15

 16 By sector 550.5 576.5 603.5 640.2 689.9 724.7 768.4 821.4 877.0 940.9 16

 17 Household sector 138.4 153.2 165.8 176.5 198.5 216.5 233.9 255.8 282.9 312.7 17

 18 Nonfinancial business 136.0 148.7 160.8 171.9 186.7 200.1 213.6 231.8 251.0 272.7 18

 19 Corporate 101.1 110.8 120.4 127.7 136.4 145.0 151.9 162.5 173.1 186.4 19

 20 Noncorporate 34.8 37.9 40.4 44.2 50.2 55.0 61.7 69.3 78.0 86.3 20

 21 State and local governments 46.1 50.4 55.0 60.7 66.7 72.2 77.8 83.8 89.2 95.6 21

 22 Federal government 230.0 224.1 221.9 231.1 238.0 236.0 243.2 250.0 253.8 259.9 22

 Foreign credit market debt

 23 held in U.S. 16.4 17.3 18.5 20.5 21.4 23.2 25.4 27.5 30.8 35.0 23

 24 Commercial paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Bonds 3.1 3.4 3.8 4.7 5.2 5.8 6.2 7.2 8.2 8.7 25

 26 Depository institution loans n.e.c. 1.4 1.8 2.1 2.6 2.9 3.0 3.7 4.2 4.8 6.5 26

 27 Other loans and advances 11.9 12.1 12.6 13.1 13.3 14.4 15.5 16.1 17.8 19.8 27

 28 Domestic and foreign 566.9 593.7 622.1 660.7 711.3 747.9 793.9 848.9 907.8 975.8 28

L.3 Credit Market Debt Owed by Financial Sectors

Billions of dollars

 1 By instrument 15.1 17.8 20.7 20.8 27.4 32.3 34.7 39.3 46.4 52.7 1

 2 Open market paper 2.4 2.8 3.6 3.4 4.1 5.8 6.3 7.5 8.7 10.7 2

 3 GSE issues 3.0 3.4 4.8 4.9 7.1 7.9 8.5 10.0 11.5 11.9 3

 4 Agency- and GSE-backed mortgage pool sec. 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.4 0.5 0.6 4

 5 Corporate bonds 3.2 4.5 5.7 5.6 6.5 9.8 10.5 10.8 12.4 15.5 5

 6 Depository institution loans n.e.c. 5.0 5.3 4.9 5.4 7.2 6.7 6.4 7.0 8.4 8.4 6

 7 Other loans and advances 1.5 1.6 1.3 1.4 2.3 2.0 2.8 3.6 4.8 5.5 7

 8 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 By sector 15.1 17.8 20.7 20.8 27.4 32.3 34.7 39.3 46.4 52.7 9

 10 U.S.-chartered depository institutions 1.9 2.0 2.3 2.3 3.1 3.6 4.8 5.6 7.4 8.8 10

 11 Foreign banking offices in U.S. 0.1 0.2 0.3 0.2 0.2 0.4 0.5 0.5 0.6 0.7 11

 12 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Government-sponsored enterprises 3.1 3.8 4.9 5.0 7.3 7.9 8.6 10.1 11.5 12.1 14

 15 Agency- and GSE-backed mortgage pools 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.4 0.5 0.6 15

 16 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Finance companies 9.9 11.6 13.0 13.1 16.7 20.2 20.4 22.6 26.4 30.5 17

 18 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21
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L.4 Credit Market Debt, All Sectors, by Instrument

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total 582.0 611.5 642.7 681.6 738.7 780.2 828.5 888.2 954.2 1028.5 1

 2 Open market paper 2.7 3.2 4.1 4.1 4.4 6.5 7.4 8.7 9.7 11.9 2

 3 Treasury securities 228.4 222.8 220.1 229.0 236.2 234.0 240.7 246.8 250.7 255.9 3

 4 Agency- and GSE-backed securities 4.7 5.0 6.7 6.7 8.3 8.7 9.8 11.9 13.4 14.8 4

 5 Municipal securities 45.7 49.9 54.4 59.8 65.7 71.0 76.3 81.8 87.0 93.2 5

 6 Corporate and foreign bonds 60.8 65.9 73.6 80.0 84.5 91.8 97.3 102.7 109.0 116.6 6

 7 Depository institution loans n.e.c. 39.4 45.1 47.2 48.0 55.1 58.1 60.7 67.1 74.1 82.5 7

 8 Other loans and advances 27.5 28.7 30.9 32.5 36.3 40.5 43.9 47.5 53.2 59.4 8

 9 Mortgages 129.8 144.4 156.6 172.0 191.1 208.4 228.9 252.4 279.2 307.0 9

 10 Consumer credit 42.9 46.6 49.2 49.5 57.2 61.2 63.4 69.3 77.9 87.4 10

 Memo:

 Selected claims not included above:

 11 Corporate equities 281.8 307.0 279.6 370.9 413.7 420.3 521.1 503.8 558.5 647.2 11

 12 Mutual fund shares 7.8 9.0 8.7 13.2 15.8 17.0 22.9 21.3 25.2 29.1 12

L.5 Total Liabilities and Its Relation to Total Financial Assets

Billions of dollars

 Total credit market debt

 1 (from table L.4) 582.0 611.5 642.7 681.6 738.7 780.2 828.5 888.2 954.2 1028.5 1

 2 U.S. official reserve assets 1.0 1.6 2.0 2.0 2.0 1.6 1.8 1.2 1.2 1.2 2

 3 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Treasury currency 2.5 2.5 2.6 2.6 2.6 2.7 2.7 2.8 2.8 2.8 4

 5 Foreign deposits 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.8 0.7 1.1 5

 6 Net interbank liabilities 25.2 26.0 25.1 24.2 24.8 24.7 26.3 26.7 25.8 26.6 6

 7 Checkable deposits and currency 145.7 147.6 147.1 153.0 154.4 156.3 162.4 167.7 172.9 181.8 7

 8 Small time and savings deposits 106.6 116.2 128.3 142.6 154.1 165.8 184.1 209.9 235.5 261.2 8

 9 Large time deposits 6.7 6.5 6.7 9.3 7.5 11.1 13.5 16.4 20.3 25.1 9

 10 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Security RPs -2.0 -1.9 -1.9 -2.1 -1.9 -2.1 -2.1 -2.1 -2.6 -2.3 11

 12 Mutual fund shares 7.8 9.0 8.7 13.2 15.8 17.0 22.9 21.3 25.2 29.1 12

 13 Security credit 9.6 9.0 8.7 10.4 10.5 10.9 13.1 13.8 16.4 16.8 13

 14 Life insurance reserves 69.3 72.7 75.5 78.5 82.0 85.2 88.6 92.4 96.6 101.1 14

 15 Pension entitlements 173.8 192.0 221.3 243.3 262.2 284.5 306.7 317.3 340.3 367.1 15

 16 Trade payables 64.9 71.3 74.3 80.7 87.1 92.8 97.6 102.6 110.0 118.8 16

 17 Taxes payable 19.7 18.2 16.3 13.7 15.5 14.9 14.7 16.3 17.3 18.0 17

 18 Miscellaneous 168.7 184.7 209.3 227.5 241.8 258.6 281.7 292.8 317.0 344.0 18

 19 Total liabilities 1381.7 1467.1 1566.7 1680.8 1797.3 1904.5 2042.9 2168.0 2333.8 2520.9 19

 + Financial assets not included in

 liabilities:

 20 Gold 21.8 22.1 22.9 20.6 19.5 17.8 16.9 16.1 15.6 15.5 20

 21 Corporate equities 281.8 307.0 279.6 370.9 413.7 420.3 521.1 503.8 558.5 647.2 21

 22 Household equity in noncorp. bus. 338.4 354.9 367.1 382.2 383.4 393.6 410.5 427.0 431.8 450.9 22

 - Liabilities not identified as assets:

 23 Treasury currency -2.3 -2.4 -2.4 -2.5 -2.5 -2.6 -2.7 -2.7 -2.6 -2.4 23

 24 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Net interbank transactions -0.1 -0.2 -0.7 -1.0 -0.6 -0.6 -0.3 -1.2 -1.4 -2.2 25

 26 Security RPs -3.4 -3.8 -4.6 -3.9 -2.9 -2.8 -2.7 -3.6 -2.6 -2.3 26

 27 Taxes payable 13.2 12.3 11.1 9.7 9.3 9.4 9.0 10.0 9.7 10.3 27

 28 Miscellaneous -40.3 -47.0 -53.9 -56.3 -54.7 -60.8 -56.6 -50.6 -46.2 -40.9 28

 - Floats not included in assets:

 29 Checkable deposits: State and local govt. 2.1 2.8 3.7 4.1 3.0 3.2 3.8 3.5 3.7 2.8 29

 30 Federal govt. -0.4 -0.1 -0.0 -0.2 -0.2 -0.3 -0.2 0.0 0.1 -0.1 30

 31 Private domestic 6.9 6.7 5.5 5.4 6.0 6.4 7.4 8.1 8.8 10.0 31

 32 Trade credit -7.6 -8.8 -7.0 -7.8 -6.6 -6.8 -8.9 -8.8 -8.7 -9.9 32

 33 Totals identified to sectors as assets 2034.3 2167.7 2258.9 2478.2 2636.4 2761.6 3010.5 3134.6 3351.6 3639.7 33
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Historical Annuals, 1955-1964, 7

F.6 Distribution of Gross Domestic Product (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross Domestic Product (GDP) 426.2 450.1 474.9 482.0 522.5 543.3 563.3 605.1 638.6 685.8 1

 2 Personal consumption expenditures (2) 258.7 271.6 286.7 296.0 317.5 331.6 342.0 363.1 382.5 411.2 2

 3 Durable goods 40.7 40.2 42.0 39.5 44.9 45.6 44.2 49.5 54.2 59.6 3

 4 Nondurable goods 106.7 112.0 117.6 122.0 127.7 131.4 134.6 139.5 143.9 152.7 4

 5 Services 111.3 119.4 127.1 134.5 144.9 154.6 163.2 174.1 184.3 198.9 5

 6 Gross private domestic investment 73.8 77.7 76.5 70.9 85.7 86.5 86.6 97.0 103.3 112.2 6

 7 Fixed investment (3) 68.8 73.7 75.7 71.3 81.8 83.2 83.6 90.9 97.7 107.3 7

 8 Nonresidential 43.4 49.7 53.1 48.5 53.1 56.4 56.6 61.2 64.8 72.2 8

 9 Household sector (nonprofit organizations) 2.5 2.8 3.1 3.3 3.5 3.8 4.1 4.6 4.6 5.1 9

 10 Nonfinancial corporate business 29.2 35.5 38.4 33.5 36.7 40.0 39.9 42.8 45.4 50.7 10

 11 Nonfinancial noncorporate business 10.1 9.8 9.9 10.0 11.0 10.6 10.6 11.6 12.5 13.5 11

 12 Financial institutions 1.6 1.7 1.7 1.7 1.9 2.0 2.0 2.3 2.2 2.9 12

 13 Residential 25.4 24.0 22.6 22.8 28.6 26.9 27.0 29.6 32.9 35.1 13

 14 Household sector 22.0 20.7 19.2 18.6 23.5 22.0 21.0 22.2 24.2 25.6 14

 15 Nonfinancial corporate business 0.1 0.1 0.1 0.2 0.5 0.4 0.6 0.8 1.0 1.1 15

 16 Nonfinancial noncorporate business 3.3 3.2 3.3 4.1 4.7 4.5 5.4 6.7 7.7 8.4 16

 17 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Change in private inventories 5.0 3.9 0.8 -0.4 3.9 3.2 3.0 6.1 5.6 4.8 18

 19 Nonfinancial corporate business 5.3 4.6 0.7 -2.2 5.2 2.6 2.0 5.3 4.9 5.7 19

 20 Nonfinancial noncorporate business -0.3 -0.7 0.1 1.8 -1.2 0.7 1.0 0.8 0.7 -0.8 20

 21 Net U.S. exports of goods and services 0.5 2.4 4.1 0.5 0.4 4.2 4.9 4.1 4.9 6.9 21

 22 Exports 17.7 21.3 24.0 20.6 22.7 27.0 27.6 29.1 31.1 35.0 22

 23 - Imports 17.2 18.9 19.9 20.0 22.3 22.8 22.7 25.0 26.1 28.1 23

 Government consumption expenditures and

 24 gross investment 93.3 98.5 107.5 114.5 118.9 121.0 129.8 140.9 147.9 155.5 24

 25 Consumption expenditures (4) 68.9 71.4 77.3 81.9 83.0 85.0 89.9 98.3 103.4 109.1 25

 26 Federal 46.8 47.4 50.9 52.6 51.8 50.9 52.7 59.0 61.2 63.1 26

 27 State and local 22.1 24.0 26.4 29.4 31.2 34.1 37.2 39.3 42.3 46.0 27

 28 Gross investment (4) 24.4 27.1 30.2 32.6 35.9 36.0 39.9 42.6 44.4 46.4 28

 29 Federal 14.2 15.8 17.6 18.9 21.8 21.9 24.6 26.5 26.7 27.1 29

 30 State and local 10.1 11.4 12.7 13.7 14.1 14.1 15.3 16.1 17.8 19.3 30

 Memo:

 31 Net U.S. income receipts from rest of the world 2.4 2.8 3.1 2.6 2.8 3.1 3.5 4.1 4.5 4.9 31

 32 U.S. income receipts 3.5 3.9 4.3 3.9 4.3 4.9 5.3 5.9 6.5 7.2 32

 33 - U.S. income payments 1.1 1.1 1.2 1.2 1.5 1.8 1.8 1.8 2.1 2.3 33

 Gross National Product (GNP) =

 34 GDP + net U.S. income receipts 428.6 452.9 477.9 484.7 525.2 546.4 566.8 609.2 643.1 690.7 34

 Acquisition of nonproduced nonfinancial assets (net)

 35 Household sector 0.0 0.0 0.0 0.0 0.0 -0.7 -0.8 -0.8 -0.9 -1.0 35

 36 Nonfinancial corporate business -0.6 -0.7 -0.7 -0.8 -1.1 -0.7 -0.7 -0.8 -0.8 -0.9 36

 37 State and local governments 0.6 0.7 0.7 0.8 0.8 0.9 1.0 1.1 1.2 1.3 37

 38 Federal governments 0.0 0.0 0.0 0.0 0.3 0.5 0.5 0.6 0.5 0.6 38

 39 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 39

(1) This table is based on NIPA table 1.1.5 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).

(2) Component of personal outlays, found on table F.100, line 4.

(3) Structures, equipment, and intellectual property products.

(4) Government inventory investment is included in consumption expenditures.
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F.7 Distribution of National Income (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 National Income 377.6 400.8 419.3 421.5 459.6 479.9 497.2 535.2 566.6 608.3 1

 2 Compensation of employees 230.8 249.6 262.9 265.0 286.3 301.9 311.1 332.9 351.2 376.8 2

 3 Wages and other labor income 225.7 243.9 256.5 258.7 278.5 292.6 301.5 321.7 338.8 364.2 3

 4 Employer social insurance contributions 5.2 5.7 6.4 6.3 7.9 9.3 9.6 11.2 12.4 12.6 4

 Proprietors’ income with inventory

 5 valuation and capital consumption adjustments 44.3 45.8 47.8 50.2 50.3 50.6 53.2 55.2 56.4 59.1 5

 Rental income of persons (with capital

 6 consumption adjustment) 13.4 13.7 14.1 14.8 15.6 16.5 17.2 18.0 18.7 18.8 6

 Corporate profits with inventory

 7 valuation and capital consumption adjustments 50.2 49.6 49.1 43.9 55.5 54.7 55.9 64.0 70.5 77.7 7

 Corporate profits with inventory

 8 valuation adjustment 49.7 49.9 49.7 44.8 55.7 53.7 54.2 59.2 64.5 71.0 8

 9 Profits before tax 51.4 52.6 51.2 45.0 56.0 53.9 53.9 59.2 64.4 71.4 9

 10 Domestic nonfinancial 43.8 44.1 42.1 36.1 45.6 42.3 42.3 46.8 52.0 58.2 10

 11 Domestic financial 5.3 5.7 6.0 6.5 7.6 8.4 8.3 8.6 8.3 8.8 11

 12 Rest of the world 2.4 2.8 3.1 2.5 2.7 3.1 3.3 3.8 4.1 4.5 12

 Less:

 13 Taxes on corporate income 22.0 22.0 21.4 19.0 23.7 22.8 22.9 24.1 26.4 28.2 13

 14 Domestic nonfinancial 20.1 19.9 19.0 16.1 20.7 19.1 19.4 20.6 22.8 23.9 14

 15 Domestic financial 1.9 2.1 2.4 2.9 3.0 3.6 3.5 3.5 3.6 4.3 15

 Equals:

 16 Profits after tax 29.4 30.6 29.8 26.1 32.2 31.1 31.0 35.1 38.0 43.3 16

 17 Net dividends 10.5 11.3 11.7 11.6 12.6 13.4 13.9 15.0 16.2 18.2 17

 18 Domestic nonfinancial 8.4 9.0 9.2 9.1 9.8 10.5 10.6 11.6 12.4 14.0 18

 19 Domestic financial 0.5 0.5 0.6 0.7 0.9 1.0 0.9 0.8 1.1 1.0 19

 20 Rest of the world 1.6 1.8 1.9 1.7 1.9 2.0 2.4 2.7 2.7 3.2 20

 21 Undistributed profits 18.9 19.4 18.0 14.5 19.7 17.7 17.1 20.1 21.8 25.1 21

 22 Domestic nonfinancial 15.2 15.2 13.9 10.9 15.1 12.7 12.3 14.7 16.8 20.3 22

 23 Domestic financial 2.9 3.1 2.9 2.8 3.7 3.8 3.9 4.3 3.6 3.5 23

 24 Rest of the world 0.8 1.0 1.2 0.8 0.9 1.2 0.9 1.1 1.4 1.3 24

 25 Inventory valuation adjustment -1.7 -2.7 -1.5 -0.3 -0.3 -0.2 0.3 0.0 0.1 -0.5 25

 26 Capital consumption adjustment 0.5 -0.3 -0.5 -0.9 -0.2 1.0 1.8 4.8 6.0 6.8 26

 27 Domestic nonfinancial 0.7 0.0 -0.2 -0.6 0.2 1.2 2.0 4.9 6.2 6.8 27

 28 Domestic financial -0.3 -0.3 -0.3 -0.3 -0.3 -0.2 -0.2 -0.1 -0.2 -0.1 28

 29 Net interest and miscellaneous payments 6.3 6.9 8.1 9.6 9.7 10.7 12.6 14.3 15.3 17.5 29

 30 Taxes on production and imports 31.5 34.2 36.6 37.7 41.1 44.5 47.0 50.4 53.4 57.3 30

 31 Less: Subsidies 0.9 1.5 1.9 2.1 1.1 1.1 2.0 2.3 2.2 2.7 31

 32 Business current transfer payments (net) 1.3 1.7 1.8 1.7 1.7 1.7 1.9 2.1 2.5 3.0 32

 33 Current surplus of government enterprises 0.7 0.8 0.8 0.8 0.5 0.5 0.3 0.4 0.8 0.8 33

 Memo:

 Calculation of Gross Domestic Product

 from National Income: (2)

 34 National Income, from line 1 above 377.6 400.8 419.3 421.5 459.6 479.9 497.2 535.2 566.6 608.3 34

 Plus:

 35 Private consumption of fixed capital 35.0 38.8 42.3 44.9 46.8 48.2 49.8 51.8 54.2 57.3 35

 36 Government consumption of fixed capital 13.9 15.3 16.7 17.5 18.6 19.7 20.8 22.3 23.8 25.1 36

 37 Statistical discrepancy 2.2 -2.0 -0.3 0.7 0.2 -1.4 -1.0 -0.1 -1.5 -0.0 37

 Less:

 38 Net U.S. income receipts from rest of the world 2.4 2.8 3.1 2.6 2.8 3.1 3.5 4.1 4.5 4.9 38

 Equals:

 39 Gross Domestic Product 426.2 450.1 474.9 482.0 522.5 543.3 563.3 605.1 638.6 685.8 39

(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.
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Historical Annuals, 1955-1964, 9

F.8 Saving and Investment by Sector (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving 96.6 109.8 112.1 104.0 120.6 127.0 131.7 143.5 154.2 166.0 1

 2 Net saving 47.7 55.7 53.2 41.6 55.1 59.1 61.1 69.4 76.2 83.6 2

 3 Net private saving 46.1 51.4 53.2 52.6 56.8 56.4 63.5 71.3 74.6 86.2 3

 4 Domestic business 17.6 16.4 16.0 13.3 19.2 18.5 19.2 24.9 27.9 31.4 4

 5 Nonfinancial corporate business 15.3 13.9 13.7 10.8 15.9 14.9 15.4 20.7 24.5 28.0 5

 6 Financial business 2.4 2.5 2.3 2.5 3.3 3.6 3.7 4.2 3.4 3.4 6

 7 Households and institutions 28.5 35.0 37.3 39.2 37.6 37.8 44.4 46.4 46.7 54.8 7

 8 Net government saving 1.6 4.3 -0.1 -11.0 -1.7 2.8 -2.5 -1.9 1.6 -2.6 8

 9 Federal -0.6 1.3 -2.7 -12.1 -3.9 0.2 -4.7 -5.3 -2.1 -6.9 9

 10 State and local 2.2 3.0 2.7 1.1 2.2 2.6 2.2 3.4 3.7 4.3 10

 11 Consumption of fixed capital 48.9 54.1 58.9 62.4 65.4 67.9 70.6 74.1 78.0 82.4 11

 12 Private 35.0 38.8 42.3 44.9 46.8 48.2 49.8 51.8 54.2 57.3 12

 13 Domestic business 28.9 32.2 35.2 37.5 39.0 40.0 41.3 42.9 44.9 47.4 13

 14 Nonfinancial corporate business 18.9 21.4 23.8 25.5 26.7 27.6 28.6 29.8 31.3 33.3 14

 15 Nonfinancial noncorporate business 9.2 9.9 10.5 11.0 11.2 11.3 11.5 11.8 12.2 12.7 15

 16 Financial business 0.8 0.9 1.0 1.1 1.2 1.2 1.2 1.3 1.3 1.4 16

 17 Households and institutions 6.1 6.6 7.1 7.4 7.8 8.2 8.5 8.8 9.3 9.9 17

 18 Government 13.9 15.3 16.7 17.5 18.6 19.7 20.8 22.3 23.8 25.1 18

 19 Federal 10.7 11.7 12.7 13.4 14.3 15.1 16.0 17.1 18.3 19.2 19

 20 State and local 3.2 3.6 3.9 4.1 4.4 4.5 4.8 5.2 5.5 5.9 20

 Gross domestic investment, capital account

 21 transactions, and net lending, NIPAs 98.5 107.5 111.5 104.4 120.3 125.6 130.7 143.4 152.7 166.0 21

 22 Gross domestic investment 98.1 104.8 106.7 103.6 121.5 122.5 126.5 139.6 147.7 158.5 22

 23 Gross private domestic investment 73.8 77.7 76.5 70.9 85.7 86.5 86.6 97.0 103.3 112.2 23

 24 Domestic business 49.3 54.2 54.2 49.1 58.7 60.7 61.5 70.2 74.5 81.5 24

 25 Nonfinancial corporate business 34.6 40.2 39.2 31.5 42.3 43.0 42.5 48.8 51.3 57.5 25

 26 Nonfinancial noncorporate business 13.1 12.2 13.3 15.9 14.5 15.7 17.0 19.1 20.9 21.1 26

 27 Financial business 1.6 1.7 1.7 1.7 1.9 2.0 2.0 2.3 2.2 2.9 27

 28 Households and institutions 24.5 23.5 22.3 21.9 27.0 25.7 25.1 26.7 28.8 30.7 28

 29 Gross government investment 24.4 27.1 30.2 32.6 35.9 36.0 39.9 42.6 44.4 46.4 29

 30 Federal 14.2 15.8 17.6 18.9 21.8 21.9 24.6 26.5 26.7 27.1 30

 31 State and local 10.1 11.4 12.7 13.7 14.1 14.1 15.3 16.1 17.8 19.3 31

 32 Capital account transactions (net) (2) 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 -0.0 -0.0 -0.0 32

 33 Private 0.6 0.9 1.1 0.9 0.7 0.8 0.9 0.9 1.1 1.3 33

 34 Domestic business -0.6 -0.7 -0.7 -0.8 -1.1 -0.7 -0.8 -1.0 -0.9 -1.0 34

 35 Nonfinancial corporate business -0.6 -0.7 -0.7 -0.8 -1.1 -0.7 -0.8 -1.0 -0.9 -1.0 35

 36 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Financial business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37

 38 Households and institutions 1.3 1.6 1.8 1.7 1.8 1.6 1.7 1.8 2.0 2.3 38

 39 Government -0.6 -0.9 -1.1 -0.9 -0.7 -0.8 -0.9 -0.9 -1.1 -1.3 39

 40 Federal -0.2 -0.5 -0.1 1.0 2.0 1.3 1.4 1.6 1.9 2.1 40

 41 State and local -0.4 -0.4 -0.9 -1.9 -2.7 -2.1 -2.3 -2.5 -3.0 -3.5 41

 42 Net lending (+) or net borrowing (-), NIPAs (3) 0.4 2.7 4.7 0.8 -1.3 3.2 4.2 3.8 4.9 7.5 42

 43 Private 8.6 9.3 17.3 26.0 17.0 15.9 24.8 25.2 22.8 30.0 43

 44 Domestic business -0.1 -7.3 -2.9 3.0 0.4 -2.8 -1.2 -1.5 -2.4 -1.7 44

 45 Nonfinancial corporate business (3) 2.2 -6.6 -1.6 6.0 1.1 -1.1 1.4 2.6 3.9 4.7 45

 46 Nonfinancial noncorporate business -3.8 -2.3 -2.8 -5.0 -3.3 -4.4 -5.5 -7.3 -8.7 -8.4 46

 47 Financial business 1.6 1.6 1.5 1.9 2.6 2.8 2.9 3.2 2.5 1.9 47

 48 Households and institutions 8.8 16.6 20.2 23.0 16.6 18.7 26.0 26.6 25.2 31.7 48

 49 Government -8.3 -6.6 -12.6 -25.2 -18.3 -12.7 -20.6 -21.4 -17.9 -22.5 49

 50 Federal -3.9 -2.3 -7.5 -18.7 -13.4 -7.9 -14.7 -16.3 -12.3 -16.9 50

 51 State and local -4.4 -4.3 -5.1 -6.5 -4.9 -4.8 -5.9 -5.1 -5.5 -5.6 51

 52 Statistical discrepancy (line 21 less line 1) 2.2 -2.0 -0.3 0.7 0.2 -1.4 -1.0 -0.1 -1.5 -0.0 52

 Addenda:

 53 Disaster losses 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 53

 54 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 54

 55 Domestic business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 55

 56 Households and institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 56

 57 Government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 57

 58 Federal 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 58

 59 State and local 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 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).
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10 Historical Annuals, 1955-1964,

F.9 Net Capital Transfers (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Capital transfers paid, by sector 2.0 2.4 3.1 4.0 4.9 4.9 5.4 5.7 6.5 7.4 1

 2 By private business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Financial corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Disaster-related insurance benefits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Nonfinancial corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 By government 0.7 0.8 1.3 2.3 3.1 2.6 2.9 3.1 3.6 4.1 8

 9 Federal 0.7 0.8 1.3 2.3 3.1 2.6 2.9 3.1 3.6 4.1 9

 10 Investment grants to state and local govts. 0.7 0.8 1.3 2.3 3.1 2.5 2.7 2.9 3.5 4.0 10

 11 Disaster-related insurance benefits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Financial stabilization payments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Other capital transfers paid to business 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 13

 14 Other capital transfers paid to persons 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Capital transfers paid to the rest of the world (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 State and local 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Disaster-related insurance benefits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 By persons 1.3 1.6 1.8 1.7 1.8 2.2 2.5 2.6 2.9 3.3 18

 19 Estate and gift taxes, federal 1.0 1.3 1.4 1.3 1.4 1.8 2.0 2.1 2.2 2.6 19

 20 Estate and gift taxes, state and local 0.3 0.3 0.4 0.4 0.4 0.5 0.6 0.6 0.6 0.7 20

 21 By the rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Disaster-related insurance benefits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Capital transfers received, by sector 2.0 2.4 3.1 4.0 4.9 4.9 5.4 5.7 6.5 7.4 24

 25 By private business 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 25

 26 Financial corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Disaster-related insurance benefits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

 28 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Nonfinancial corporations 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 29

 30 Disaster-related insurance benefits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Other 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 31

 32 Noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Disaster-related insurance benefits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 34

 35 By government 2.0 2.4 3.1 4.0 4.9 4.8 5.2 5.6 6.4 7.3 35

 36 Federal 1.0 1.3 1.4 1.3 1.4 1.8 2.0 2.1 2.2 2.6 36

 37 Estate and gift taxes paid by persons 1.0 1.3 1.4 1.3 1.4 1.8 2.0 2.1 2.2 2.6 37

 38 State and local 1.0 1.1 1.6 2.7 3.5 3.0 3.3 3.5 4.1 4.7 38

 39 Disaster-related insurance benefits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 39

 40 Estate and gift taxes paid by persons 0.3 0.3 0.4 0.4 0.4 0.5 0.6 0.6 0.6 0.7 40

 41 Investment grants paid by federal government 0.7 0.8 1.3 2.3 3.1 2.5 2.7 2.9 3.5 4.0 41

 42 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 42

 43 By persons 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 43

 44 Disaster-related insurance benefits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 44

 45 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 45

 46 By the rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 46

 47 Capital transfers paid by U.S. government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 47

 48 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 48

 Addenda: Net capital transfers paid by sector

 49 By private business (lines 2-25) -0.0 -0.0 -0.0 -0.0 -0.0 -0.1 -0.1 -0.1 -0.1 -0.1 49

 50 Financial corporations (lines 3-26) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 50

 51 Property-casualty insurance companies (line 4) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 51

 52 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 52

 53 Financial stabilization payments (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 53

 54 Other (lines 5-27) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 54

 55 Government-sponsored enterprises (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 55

 56 Holding companies (GMAC) (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 56

 57 Funding corporations (AIG) (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 57

 58 Nonfinancial corporations (lines 6-29) -0.0 -0.0 -0.0 -0.0 -0.0 -0.1 -0.1 -0.1 -0.1 -0.1 58

 59 Noncorporate business (lines 7-32) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 59

 60 By government (lines 8-35) -1.2 -1.6 -1.8 -1.7 -1.8 -2.1 -2.4 -2.5 -2.8 -3.2 60

 61 Federal (lines 9-36) -0.2 -0.5 -0.1 1.0 1.7 0.9 0.9 1.0 1.3 1.5 61

 62 State and local (lines 16-38) -1.0 -1.1 -1.6 -2.7 -3.5 -3.0 -3.3 -3.5 -4.1 -4.7 62

 63 By persons (lines 18-43) 1.3 1.6 1.8 1.7 1.8 2.2 2.5 2.6 2.9 3.3 63

 64 By the rest of the world (lines 21-46) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 64

(1) This table is based on NIPA table 5.11 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov).

(2) Sum of lines 53, 55, 56, and 57 equals the negative of line 12. Series treated as capital losses rather than as capital transfers in the Financial Accounts of the United States.
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Historical Annuals, 1955-1964, 11

F.10 Derivation of Measures of Personal Saving (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net acquisition of financial assets 38.9 43.2 44.1 45.2 47.9 46.5 48.0 51.0 57.6 70.2 1

 2 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Checkable deposits and currency 1.4 2.0 -0.2 4.3 0.8 1.3 -0.1 -0.4 4.5 6.4 3

 4 Time and savings deposits 8.6 9.4 11.9 14.1 10.5 11.9 18.4 26.0 26.1 26.1 4

 5 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Securities 7.4 6.3 5.0 -2.4 6.6 2.6 -2.0 -4.5 -6.2 -1.2 6

 7 Open market paper 0.3 0.1 0.3 0.1 -0.2 0.9 -0.4 0.8 1.2 1.0 7

 8 U.S. savings bonds 0.3 -0.1 -1.9 -0.5 -1.8 -0.3 0.8 0.5 1.2 0.9 8

 9 Treasury bills and other Treasury securities 2.5 1.5 3.2 -2.3 4.8 0.9 -1.1 1.3 -2.0 -0.2 9

 10 Agency- and GSE-backed securities 0.5 0.4 0.5 -0.6 1.4 -1.2 -0.4 -0.4 -0.2 0.2 10

 11 Municipal securities 3.2 2.7 2.0 0.8 3.7 2.6 1.5 -0.4 0.0 2.8 11

 12 Corporate and foreign bonds 0.1 1.1 1.1 0.7 0.3 2.4 0.2 -0.6 -0.1 0.1 12

 13 Corporate equities (2) -0.0 -0.2 -0.9 -1.9 -3.2 -3.8 -4.3 -6.6 -7.2 -7.0 13

 14 Mutual fund shares 0.6 0.8 0.8 1.4 1.4 1.0 1.7 0.9 1.0 0.9 14

 15 Life insurance reserves 2.9 3.5 2.7 3.1 3.4 3.2 3.4 3.8 4.2 4.4 15

 16 Pension entitlements 16.9 18.5 22.6 21.8 24.7 23.7 23.9 23.5 26.7 31.1 16

 17 Miscellaneous and other assets 1.8 3.5 1.9 4.4 1.9 3.7 4.5 2.7 2.3 3.3 17

 18 Gross investment in nonfinancial assets 76.4 73.8 75.1 74.5 83.2 83.4 82.5 91.2 99.1 105.9 18

 19 Residential fixed investment 25.3 23.9 22.5 22.6 28.2 26.4 26.4 28.8 31.8 34.0 19

 20 Nonresidential fixed investment 12.6 12.6 13.0 13.4 14.5 14.4 14.7 16.2 17.2 18.6 20

 21 Consumer durables 38.8 38.0 39.5 36.7 41.8 42.6 41.2 46.1 50.3 55.2 21

 22 Nonproduced nonfinancial assets 0.0 0.0 0.0 0.0 0.0 -0.7 -0.8 -0.8 -0.9 -1.0 22

 23 Inventories -0.3 -0.7 0.1 1.8 -1.2 0.7 1.0 0.8 0.7 -0.8 23

 24 Consumption of fixed capital 43.6 48.5 49.9 53.6 53.8 56.8 58.1 59.8 62.5 66.0 24

 25 Residential fixed investment 7.1 7.6 8.0 8.3 8.7 9.2 9.6 10.0 10.4 11.0 25

 26 Nonresidential fixed investment 8.2 8.9 9.5 10.0 10.3 10.3 10.4 10.7 11.1 11.6 26

 27 Consumer durables 28.3 32.0 32.4 35.3 34.9 37.3 38.1 39.2 41.0 43.4 27

 28 Net investment in nonfinancial assets (3) 32.8 25.3 25.2 20.9 29.4 26.6 24.4 31.4 36.6 39.9 28

 29 Residential fixed investment 18.2 16.2 14.5 14.4 19.5 17.3 16.9 18.8 21.5 23.0 29

 30 Nonresidential fixed investment 4.4 3.7 3.5 3.4 4.3 4.1 4.3 5.5 6.1 7.0 30

 31 Consumer durables 10.5 6.1 7.1 1.4 6.9 5.3 3.0 7.0 9.3 11.8 31

 32 Nonproduced nonfinancial assets 0.0 0.0 0.0 0.0 0.0 -0.7 -0.8 -0.8 -0.9 -1.0 32

 33 Inventories -0.3 -0.7 0.1 1.8 -1.2 0.7 1.0 0.8 0.7 -0.8 33

 34 Net increase in liabilities 26.7 19.3 15.3 16.9 28.3 23.5 25.0 29.6 36.4 37.5 34

 35 Home mortgages 12.6 10.8 8.6 9.8 13.0 11.3 12.7 14.3 16.8 17.2 35

 36 Other mortgages 2.1 2.9 2.2 3.4 5.0 4.8 6.3 6.6 7.3 7.3 36

 37 Consumer credit 7.0 3.6 2.6 0.3 7.7 4.0 2.2 5.9 8.5 9.5 37

 38 Policy loans 0.2 0.3 0.4 0.4 0.5 0.7 0.6 0.5 0.5 0.5 38

 39 Security credit 0.4 0.0 -0.3 0.9 -0.0 -0.1 1.0 -0.1 1.5 -0.5 39

 40 Other liabilities 4.4 1.6 1.8 2.0 2.0 2.9 2.3 2.4 1.8 3.5 40

 41 Net capital transfers paid (4) 1.3 1.6 1.8 1.7 1.8 2.2 2.5 2.6 2.9 3.3 41

 42 Personal saving, FOF concept (FOF) 46.3 50.8 55.8 50.9 50.9 51.8 50.0 55.4 60.8 75.9 42

 43 - Net investment in consumer durables 10.5 6.1 7.1 1.4 6.9 5.3 3.0 7.0 9.3 11.8 43

 44 - Government insurance and pension fund reserves (5) -0.1 0.4 0.1 0.1 0.1 0.1 -0.0 0.1 0.2 0.2 44

 45 = Personal saving, NIPA concept (FOF) (6) 35.9 44.4 48.6 49.5 43.9 46.5 46.9 48.4 51.3 63.9 45

 46 Personal saving, NIPA concept (NIPA) 28.2 34.7 36.9 38.9 37.1 37.8 44.4 46.4 46.7 54.8 46

 47 Difference 7.7 9.7 11.7 10.6 6.7 8.7 2.6 2.0 4.6 9.1 47

 Memo:

 48 Disposable personal income 291.7 311.8 329.6 340.9 360.9 376.5 393.8 417.5 438.3 476.3 48

 Personal saving as a percentage of disposable personal income:

 49 FOF concept (FOF data) (line 42) 15.9 16.3 16.9 14.9 14.1 13.8 12.7 13.3 13.9 15.9 49

 50 NIPA concept (FOF data) (line 45) 12.3 14.2 14.7 14.5 12.2 12.4 11.9 11.6 11.7 13.4 50

 51 NIPA concept (NIPA data) (line 46) 9.7 11.1 11.2 11.4 10.3 10.0 11.3 11.1 10.7 11.5 51

 52 Difference (line 47) 2.6 3.1 3.5 3.1 1.9 2.3 0.7 0.5 1.1 1.9 52

(1) Consolidated statement for households and nonprofit organizations and nonfinancial noncorporate business.

(2) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 14) and life insurance and pension reserves (lines 15 and 16)).

(3) Line 18 less line 24.

(4) Table F.9, line 59 plus line 63.

(5) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.

(6) Line 45 and 46 are conceptually equivalent but measure saving using different data. Line 45 is net acquisition of financial assets net of government insurance and pension fund reserves (line 1 less line 44) plus

 net investment in nonfinancial assets net of consumer durables (line 28 less line 43) less net increase in liabilities (line 34) plus net capital transfers paid (line 41). Line 46 is disposable personal income (line 48) less

 personal outlays (table F.100, line 4).
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12 Historical Annuals, 1955-1964,

L.10 Assets and Liabilities of the Personal Sector (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 838.1 904.3 928.3 1056.6 1137.9 1189.6 1327.6 1358.1 1461.0 1607.6 1

 2 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Checkable deposits and currency 88.0 90.0 89.8 94.1 94.3 95.6 95.2 95.4 100.1 103.0 3

 4 Time and savings deposits 105.8 115.2 127.2 141.3 152.5 164.5 182.8 208.8 234.9 261.0 4

 5 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Securities 351.0 380.7 358.9 439.4 485.1 494.2 584.2 571.4 614.0 696.7 6

 7 Open market paper 1.4 1.4 1.7 1.8 1.6 2.6 2.2 3.0 4.2 5.2 7

 8 U.S. savings bonds 50.2 50.1 48.2 47.7 45.9 45.6 46.4 47.0 48.1 49.1 8

 9 Treasury bills and other Treasury securities 18.6 20.1 23.3 20.9 25.7 26.6 25.5 26.8 24.7 24.5 9

 10 Agency- and GSE-backed securities 0.6 1.0 1.5 0.8 2.3 1.0 0.6 0.2 0.0 0.2 10

 11 Municipal securities 19.2 21.9 23.9 24.6 28.4 31.0 32.5 32.1 32.1 34.9 11

 12 Corporate and foreign bonds 5.0 6.1 7.2 7.9 8.2 10.6 10.8 10.2 10.1 10.3 12

 13 Corporate equities (2) 248.2 271.0 244.5 322.3 357.3 359.8 443.2 431.2 469.9 544.1 13

 14 Mutual fund shares 7.8 9.0 8.7 13.2 15.8 17.0 22.9 20.9 24.8 28.4 14

 15 Life insurance reserves 69.3 72.7 75.5 78.5 82.0 85.2 88.6 92.4 96.6 101.1 15

 16 Pension entitlements 173.8 192.0 221.3 243.3 262.2 284.5 306.7 317.3 340.3 367.1 16

 17 Life insurance companies 11.3 12.5 14.1 15.6 17.6 18.9 20.3 21.6 23.3 25.3 17

 18 Private pension funds 51.5 56.5 63.7 69.7 76.7 82.0 86.2 87.9 91.8 97.8 18

 19 Governments 111.0 122.9 143.5 158.1 167.9 183.7 200.3 207.9 225.2 244.0 19

 20 Miscellaneous and other assets 50.3 53.7 55.7 60.1 61.8 65.6 70.0 72.7 75.0 78.8 20

 21 Total liabilities 192.4 211.6 226.9 243.8 272.0 295.5 320.5 350.1 386.5 423.9 21

 22 Home mortgages 87.9 98.7 107.3 117.1 130.0 141.3 154.0 168.3 185.1 202.3 22

 23 Other mortgages 25.7 28.6 30.7 34.2 39.2 44.0 50.2 56.8 64.1 71.4 23

 24 Consumer credit 42.9 46.6 49.2 49.5 57.2 61.2 63.4 69.3 77.9 87.4 24

 25 Policy loans 3.6 3.8 4.2 4.5 5.0 5.7 6.2 6.8 7.2 7.8 25

 26 Security credit 3.0 3.1 2.7 3.7 3.7 3.6 4.6 4.5 6.0 5.5 26

 27 Other liabilities 29.2 30.9 32.7 34.7 36.9 39.8 42.0 44.4 46.2 49.6 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).
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Historical Annuals, 1955-1964, 13

F.100 Households and Nonprofit Organizations (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Personal income 324.6 348.4 368.5 379.5 403.2 422.5 441.1 469.1 492.8 528.4 1

 2 - Personal current taxes 32.9 36.6 38.9 38.6 42.3 46.1 47.2 51.6 54.6 52.1 2

 3 = Disposable personal income 291.7 311.8 329.6 340.9 360.9 376.5 393.8 417.5 438.3 476.3 3

 4 - Personal outlays 263.5 277.1 292.7 302.0 323.8 338.6 349.5 371.2 391.6 421.4 4

 5 = Personal saving, NIPA (2) 28.2 34.7 36.9 38.9 37.1 37.8 44.4 46.4 46.7 54.8 5

 6 + Government insurance and pension reserves (3) -0.1 0.4 0.1 0.1 0.1 0.1 -0.0 0.1 0.2 0.2 6

 7 + Net investment in consumer durables 10.5 6.1 7.1 1.4 6.9 5.3 3.0 7.0 9.3 11.8 7

 8 + Consumption of fixed capital 34.4 38.6 39.5 42.7 42.7 45.5 46.6 48.0 50.3 53.3 8

 9 - Net capital transfers paid (4) 1.3 1.6 1.8 1.7 1.8 2.2 2.5 2.6 2.9 3.3 9

 10 = Gross saving less net capital transfers paid 71.8 78.2 81.8 81.4 85.0 86.4 91.5 98.8 103.6 116.8 10

 11 Gross investment 79.5 87.8 93.5 91.9 91.7 95.1 94.1 100.8 108.2 125.8 11

 12 Capital expenditures 63.3 61.5 61.8 58.6 68.8 67.6 65.5 72.1 78.2 84.9 12

 13 Residential 22.0 20.7 19.2 18.6 23.5 22.0 21.0 22.2 24.2 25.6 13

 14 Consumer durable goods 38.8 38.0 39.5 36.7 41.8 42.6 41.2 46.1 50.3 55.2 14

 15 Nonprofit nonresidential 2.5 2.8 3.1 3.3 3.5 3.8 4.1 4.6 4.6 5.1 15

 16 Nonproduced nonfinancial assets 0.0 0.0 0.0 0.0 0.0 -0.7 -0.8 -0.8 -0.9 -1.0 16

 17 Net lending (+) or net borrowing (-) 16.2 26.3 31.6 33.3 23.0 27.5 28.6 28.7 30.0 41.0 17

 18 Net acquisition of financial assets 37.5 41.5 44.2 45.3 45.5 45.6 47.3 50.8 59.1 70.8 18

 19 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Checkable deposits and currency 1.1 1.8 -0.9 2.7 2.4 2.0 -0.3 -0.4 4.7 6.3 20

 21 Time and savings deposits 8.6 9.4 11.9 14.1 10.5 11.9 18.4 26.0 26.1 26.1 21

 22 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Credit market instruments 8.1 7.3 7.1 0.7 10.5 8.1 3.9 3.3 1.6 6.4 23

 24 Open market paper 0.3 0.1 0.3 0.1 -0.2 0.9 -0.4 0.8 1.2 1.0 24

 25 Treasury securities 2.8 1.4 1.3 -2.9 3.0 0.6 -0.3 1.8 -0.8 0.7 25

 26 Savings bonds 0.3 -0.1 -1.9 -0.5 -1.8 -0.3 0.8 0.5 1.2 0.9 26

 27 Other 2.5 1.5 3.2 -2.3 4.8 0.9 -1.1 1.3 -2.0 -0.2 27

 28 Agency- and GSE-backed securities 0.5 0.4 0.5 -0.6 1.4 -1.2 -0.4 -0.4 -0.2 0.2 28

 29 Municipal securities 3.2 2.7 2.0 0.8 3.7 2.6 1.5 -0.4 0.0 2.8 29

 30 Corporate and foreign bonds 0.1 1.1 1.1 0.7 0.3 2.4 0.2 -0.6 -0.1 0.1 30

 31 Other loans and advances (5) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Mortgages 1.3 1.6 2.0 2.6 2.1 2.8 3.3 2.2 1.5 1.6 32

 33 Consumer credit (student loans) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Corporate equities (6) -0.0 -0.2 -0.9 -1.9 -3.2 -3.8 -4.3 -6.6 -7.2 -7.0 34

 35 Mutual fund shares 0.6 0.8 0.8 1.4 1.4 1.0 1.7 0.9 1.0 0.9 35

 36 Security credit -0.1 -0.0 0.0 0.3 -0.2 0.1 0.1 0.0 -0.0 -0.1 36

 37 Life insurance reserves 2.9 3.5 2.7 3.1 3.4 3.2 3.4 3.8 4.2 4.4 37

 38 Pension entitlements (7) 16.9 18.5 22.6 21.8 24.7 23.7 23.9 23.5 26.7 31.1 38

 39 Equity in noncorporate business -1.1 0.0 0.4 2.9 -4.5 -1.3 -0.1 -0.3 1.4 1.5 39

 40 Miscellaneous assets 0.5 0.4 0.4 0.3 0.6 0.5 0.6 0.6 0.6 1.0 40

 41 Net increase in liabilities 21.3 15.2 12.5 12.0 22.6 18.1 18.7 22.1 29.1 29.8 41

 42 Credit market instruments 20.7 14.9 12.6 10.8 22.0 18.0 17.4 21.9 27.1 29.8 42

 43 Home mortgages (8) 12.6 10.8 8.6 9.8 13.0 11.3 12.7 14.3 16.8 17.2 43

 44 Consumer credit 7.0 3.6 2.6 0.3 7.7 4.0 2.2 5.9 8.5 9.5 44

 45 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 45

 46 Depository institution loans n.e.c. (9) 1.1 -0.6 0.5 -0.4 0.1 1.0 1.3 0.4 0.5 1.8 46

 47 Other loans and advances 0.2 0.3 0.5 0.5 0.6 0.8 0.7 0.8 0.7 0.7 47

 48 Commercial mortgages -0.2 0.7 0.4 0.6 0.5 0.8 0.5 0.6 0.6 0.6 48

 49 Security credit 0.4 0.0 -0.3 0.9 -0.0 -0.1 1.0 -0.1 1.5 -0.5 49

 50 Trade payables 0.1 0.1 0.1 0.2 0.4 0.1 0.2 0.1 0.3 0.3 50

 51 Deferred and unpaid life insurance premiums 0.1 0.2 0.2 0.1 0.2 0.2 0.1 0.2 0.2 0.2 51

 52 Discrepancy -7.7 -9.7 -11.7 -10.6 -6.7 -8.7 -2.6 -2.0 -4.6 -9.1 52

(1) Sector includes domestic hedge funds, private equity funds, and personal trusts. Supplementary tables (tables F.100.a and L.100.a) show estimates of annual flows and year-end

 outstandings of nonprofit organizations.

(2) See table F.10 for derivation of alternative measures of personal saving.

(3) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.

(4) Table F.9, line 63.

(5) Syndicated loans to nonfinancial corporate business by nonprofits and domestic hedge funds.

(6) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 34) and life insurance and pension reserves (lines 36 and 37).

(7) Includes public and private defined benefit and defined contribution pension plans and annuities, including those in IRAs, at life insurance companies. Excludes social security.

(8) Includes loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table F.218, line 23.

(9) Includes loans extended by the Federal Reserve to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF), shown on table F.108, line 21.
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14 Historical Annuals, 1955-1964,

F.101 Nonfinancial Business (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Income before taxes 93.1 95.1 94.9 91.5 101.1 97.9 100.6 107.2 113.8 122.7 1

 2 Gross saving less net capital transfers paid 43.1 44.7 47.5 47.2 53.7 53.8 55.6 62.5 68.1 73.9 2

 3 Gross investment 36.7 39.9 41.4 41.4 48.9 44.6 50.4 56.0 57.7 60.1 3

 4 Capital expenditures 47.1 51.8 51.7 46.6 55.7 58.1 58.8 67.1 71.4 77.6 4

 5 Fixed investment 42.7 48.5 51.7 47.8 52.9 55.5 56.5 61.9 66.6 73.7 5

 6 Residential 3.4 3.3 3.4 4.3 5.2 4.9 6.0 7.5 8.7 9.5 6

 7 Nonresidential 39.3 45.2 48.3 43.5 47.7 50.6 50.5 54.4 57.9 64.2 7

 8 Change in inventories 5.0 3.9 0.8 -0.4 3.9 3.2 3.0 6.1 5.6 4.8 8

 9 Nonproduced nonfinancial assets -0.6 -0.7 -0.7 -0.8 -1.1 -0.7 -0.7 -0.8 -0.8 -0.9 9

 10 Net lending (+) or net borrowing (-) -10.4 -11.9 -10.4 -5.2 -6.8 -13.5 -8.3 -11.1 -13.7 -17.5 10

 11 Net acquisition of financial assets 17.8 6.7 4.8 14.3 13.0 2.4 14.0 11.9 15.3 15.5 11

 12 Foreign deposits -0.0 0.0 -0.0 0.0 -0.0 0.0 0.1 -0.1 -0.2 0.1 12

 13 Checkable deposits and currency 1.2 -0.1 0.7 2.7 -2.5 -1.6 3.2 3.6 -1.1 -0.3 13

 14 Time and savings deposits -0.1 0.0 0.0 0.9 -0.4 1.5 1.1 0.9 0.7 1.0 14

 15 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 16

 17 Credit market instruments 5.0 -3.7 -0.4 0.7 8.1 -6.0 -1.3 -0.3 5.1 0.5 17

 18 Commercial paper -0.1 0.1 0.1 -0.2 0.5 0.0 0.3 0.2 -0.3 0.7 18

 19 Treasury securities 3.8 -4.6 -1.1 0.5 5.5 -5.9 -1.7 -1.8 2.8 -0.6 19

 20 Agency- and GSE-backed securities 0.3 0.1 0.4 -0.2 0.6 -0.1 0.1 0.0 0.3 -0.6 20

 21 Municipal securities 0.2 0.1 0.1 0.5 -0.2 0.6 0.0 0.3 1.1 -0.1 21

 22 Mortgages 0.0 0.0 0.0 0.0 -0.1 0.0 0.0 0.0 0.0 0.0 22

 23 Consumer credit 0.8 0.6 0.1 0.2 1.6 -0.7 -0.1 1.0 1.2 1.2 23

 24 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.0 0.0 24

 25 Trade receivables 9.3 6.8 1.0 7.4 4.4 5.2 8.2 4.1 5.8 8.7 25

 26 Miscellaneous assets 2.3 3.7 3.6 2.6 3.4 3.4 2.6 3.5 5.0 5.1 26

 27 Net increase in liabilities 28.1 18.6 15.2 19.5 19.7 15.9 22.3 23.0 29.0 32.9 27

 28 Credit market instruments 12.5 12.8 12.0 11.1 14.6 13.4 13.5 18.2 19.3 21.8 28

 29 Commercial paper -0.2 0.0 0.0 0.2 -0.3 0.5 0.3 0.1 -0.2 0.2 29

 30 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Corporate bonds 3.0 3.5 6.0 5.6 3.1 3.4 4.4 4.0 3.8 4.0 31

 32 Depository institution loans n.e.c. 5.1 5.6 1.6 0.2 4.7 2.4 1.0 4.9 4.5 5.2 32

 33 Other loans and advances 0.7 0.6 1.3 0.4 1.9 2.4 0.7 0.8 1.9 2.6 33

 34 Mortgages 3.9 3.1 3.1 4.6 5.4 4.8 7.2 8.3 9.4 9.9 34

 35 Corporate equities 1.7 2.3 2.4 2.0 2.1 1.4 2.1 0.4 -0.3 1.1 35

 36 Trade payables 10.5 5.0 1.9 5.3 4.9 3.4 4.8 2.8 6.0 6.4 36

 37 Taxes payable 3.7 -1.7 -2.1 -2.6 2.1 -1.6 0.6 1.1 1.4 0.5 37

 38 Miscellaneous liabilities 0.9 0.2 0.6 0.8 0.5 0.6 1.3 0.8 1.3 1.5 38

 39 Proprietors’ net investment -1.1 0.0 0.4 2.9 -4.5 -1.3 -0.1 -0.3 1.4 1.5 39

 40 Discrepancy 6.4 4.8 6.1 5.8 4.8 9.2 5.1 6.5 10.3 13.8 40

(1) Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
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Historical Annuals, 1955-1964, 15

F.102 Nonfinancial Corporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Profits before tax (book) 43.8 44.1 42.1 36.1 45.6 42.3 42.3 46.8 52.0 58.2 1

 2 - Taxes on corporate income 20.1 19.9 19.0 16.1 20.7 19.1 19.4 20.6 22.8 23.9 2

 3 - Net dividends 8.4 9.0 9.2 9.1 9.8 10.5 10.6 11.6 12.4 14.0 3

 4 + Capital consumption allowance (1) 19.6 21.4 23.5 24.9 26.8 28.8 30.5 34.8 37.5 40.1 4

 5 = U.S. internal funds, book 34.9 36.6 37.4 35.8 42.0 41.5 42.8 49.4 54.4 60.4 5

 6 + Foreign earnings retained abroad 0.7 1.0 1.2 0.8 0.8 1.1 0.9 1.1 1.4 1.2 6

 7 + Inventory valuation adjustment (IVA) -1.7 -2.7 -1.5 -0.3 -0.3 -0.2 0.3 0.0 0.1 -0.5 7

 8 - Net capital transfers paid (2) -0.0 -0.0 -0.0 -0.0 -0.0 -0.1 -0.1 -0.1 -0.1 -0.1 8

 9 = Total internal funds + IVA 33.9 34.9 37.1 36.3 42.6 42.5 44.1 50.6 55.9 61.2 9

 10 Gross investment 27.5 30.0 31.0 30.5 37.8 33.3 38.9 44.2 45.5 47.4 10

 11 Capital expenditures 34.0 39.6 38.4 30.7 41.2 42.3 41.7 48.0 50.5 56.6 11

 12 Fixed investment (3) 29.3 35.6 38.5 33.7 37.2 40.4 40.4 43.6 46.4 51.8 12

 13 Inventory change + IVA 5.3 4.6 0.7 -2.2 5.2 2.6 2.0 5.3 4.9 5.7 13

 14 Nonproduced nonfinancial assets -0.6 -0.7 -0.7 -0.8 -1.1 -0.7 -0.7 -0.8 -0.8 -0.9 14

 15 Net lending (+) or net borrowing (-) -6.5 -9.5 -7.5 -0.2 -3.5 -9.0 -2.8 -3.8 -5.0 -9.1 15

 16 Net acquisition of financial assets 17.4 5.0 4.6 11.6 15.1 2.8 13.4 12.0 15.4 14.5 16

 17 Foreign deposits -0.0 0.0 -0.0 0.0 -0.0 0.0 0.1 -0.1 -0.2 0.1 17

 18 Checkable deposits and currency 1.0 -0.3 0.0 1.1 -0.9 -0.9 3.1 3.6 -1.0 -0.4 18

 19 Time and savings deposits -0.1 0.0 0.0 0.9 -0.4 1.5 1.1 0.9 0.7 1.0 19

 20 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 21

 22 Credit market instruments 4.9 -3.8 -0.4 0.7 7.7 -5.8 -1.2 -0.5 4.9 0.3 22

 23 Commercial paper -0.1 0.1 0.1 -0.2 0.5 0.0 0.3 0.2 -0.3 0.7 23

 24 Treasury securities 3.8 -4.6 -1.1 0.5 5.5 -5.9 -1.7 -1.8 2.8 -0.6 24

 25 Agency- and GSE-backed securities 0.3 0.1 0.4 -0.2 0.6 -0.1 0.1 0.0 0.3 -0.6 25

 26 Municipal securities 0.2 0.1 0.1 0.5 -0.2 0.6 0.0 0.3 1.1 -0.1 26

 27 Mortgages 0.0 0.0 0.0 0.0 -0.1 0.0 0.0 0.0 0.0 0.0 27

 28 Consumer credit 0.7 0.4 0.0 0.2 1.3 -0.5 -0.0 0.8 1.0 0.9 28

 29 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.0 0.0 29

 30 Trade receivables 9.6 5.7 1.6 6.4 5.5 4.9 7.9 4.5 6.3 8.5 30

 31 Miscellaneous assets 2.0 3.5 3.3 2.4 3.1 3.2 2.4 3.4 4.7 4.7 31

 32 U.S. direct investment abroad (4) 0.7 1.9 2.3 1.1 1.3 2.8 2.5 2.7 3.3 3.6 32

 33 Insurance receivables 0.2 0.4 0.6 0.6 0.6 0.6 0.5 0.6 0.4 0.3 33

 34 Equity in GSEs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 34

 35 Investment in finance co. subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

 36 Other 1.1 1.2 0.4 0.8 1.3 -0.3 -0.6 0.1 1.0 0.8 36

 37 Net increase in liabilities 23.9 14.6 12.1 11.7 18.6 11.9 16.2 15.8 20.3 23.7 37

 38 Net funds raised in markets 10.3 11.9 12.0 9.3 10.7 10.0 9.0 11.0 10.3 14.7 38

 39 Net new equity issues 1.7 2.3 2.4 2.0 2.1 1.4 2.1 0.4 -0.3 1.1 39

 40 Credit market instruments 8.6 9.7 9.6 7.3 8.6 8.6 6.8 10.6 10.6 13.5 40

 41 Commercial paper -0.2 0.0 0.0 0.2 -0.3 0.5 0.3 0.1 -0.2 0.2 41

 42 Municipal securities (5) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 42

 43 Corporate bonds (4) 3.0 3.5 6.0 5.6 3.1 3.4 4.4 4.0 3.8 4.0 43

 44 Depository institution loans n.e.c. 4.0 5.0 1.1 -0.3 3.6 1.9 0.4 3.8 3.3 4.4 44

 45 Other loans and advances (6) 0.2 0.2 1.1 0.0 1.3 2.0 0.3 0.4 1.1 1.7 45

 46 Mortgages 1.6 0.9 1.3 1.7 0.9 0.8 1.4 2.3 2.7 3.2 46

 47 Trade payables 9.1 4.1 1.6 4.3 5.3 2.9 5.3 3.0 7.4 7.0 47

 48 Taxes payable 3.7 -1.7 -2.1 -2.6 2.1 -1.6 0.6 1.1 1.4 0.5 48

 49 Miscellaneous liabilities 0.9 0.2 0.6 0.8 0.5 0.6 1.3 0.8 1.3 1.5 49

 50 Foreign direct investment in U.S. 0.1 0.2 0.1 0.1 0.2 0.2 0.3 0.3 0.2 0.3 50

 51 Pension fund contributions payable 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.0 0.1 0.2 51

 52 Claims of pension fund on sponsor 1.8 2.1 4.0 2.0 2.7 0.9 -1.0 -2.8 -1.7 -1.3 52

 53 Other -1.2 -2.1 -3.6 -1.4 -2.5 -0.6 1.9 3.3 2.6 2.4 53

 54 Discrepancy 6.4 4.8 6.1 5.8 4.8 9.2 5.1 6.5 10.3 13.8 54

 Memo:

 55 Financing gap (7) 0.8 5.7 2.6 -4.8 -0.5 1.0 -1.3 -1.5 -3.9 -3.4 55

(1) Consumption of fixed capital plus capital consumption adjustment.

(2) Table F.9, line 58.

(3) Nonresidential fixed investment plus residential fixed investment, shown in table F.6, lines 10 and 15 respectively.

(4) 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.

(5) 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.

(6) Loans from rest of the world, U.S. government, and nonbank financial institutions. Detail can be found on table F.216.

(7) Capital expenditures (line 11) less the sum of U.S. internal funds (line 5) and inventory valuation adjustment (line 7).
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16 Historical Annuals, 1955-1964,

F.103 Nonfinancial Noncorporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving = consumption of fixed capital 9.2 9.9 10.4 10.9 11.2 11.3 11.5 11.8 12.2 12.7 1

 2 Gross saving less net capital transfers paid (1) 9.2 9.9 10.4 10.9 11.2 11.3 11.5 11.8 12.2 12.7 2

 3 Gross investment 9.2 9.9 10.4 10.9 11.2 11.3 11.5 11.8 12.2 12.7 3

 4 Capital expenditures 13.1 12.2 13.3 15.9 14.5 15.7 17.0 19.1 20.9 21.1 4

 5 Fixed investment (2) 13.4 12.9 13.1 14.1 15.7 15.1 16.1 18.3 20.2 21.9 5

 6 Change in inventories -0.3 -0.7 0.1 1.8 -1.2 0.7 1.0 0.8 0.7 -0.8 6

 7 Net lending (+) or net borrowing (-) -3.9 -2.4 -2.9 -5.0 -3.3 -4.4 -5.5 -7.3 -8.8 -8.4 7

 8 Net acquisition of financial assets 0.4 1.7 0.3 2.8 -2.1 -0.4 0.6 -0.1 -0.0 0.9 8

 9 Checkable deposits and currency 0.3 0.2 0.7 1.6 -1.6 -0.7 0.1 0.0 -0.1 0.1 9

 10 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Credit market instruments 0.1 0.2 0.0 0.0 0.3 -0.2 -0.1 0.2 0.2 0.2 12

 13 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Consumer credit 0.1 0.2 0.0 0.0 0.3 -0.2 -0.1 0.2 0.2 0.2 16

 17 Trade receivables -0.3 1.1 -0.7 1.0 -1.1 0.3 0.4 -0.4 -0.5 0.1 17

 18 Miscellaneous assets 0.3 0.2 0.2 0.2 0.3 0.2 0.2 0.2 0.4 0.4 18

 19 Insurance receivables 0.2 0.2 0.2 0.2 0.3 0.2 0.2 0.1 0.3 0.4 19

 20 Equity investment in GSEs (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Net increase in liabilities 4.3 4.0 3.1 7.8 1.2 4.0 6.2 7.2 8.7 9.3 22

 23 Credit market instruments 3.9 3.1 2.5 3.8 6.1 4.8 6.7 7.6 8.7 8.3 23

 24 Depository institution loans n.e.c. 1.1 0.5 0.5 0.6 1.1 0.5 0.6 1.1 1.2 0.7 24

 25 Other loans and advances 0.5 0.4 0.2 0.4 0.5 0.3 0.4 0.5 0.8 0.8 25

 26 Mortgages 2.4 2.2 1.8 2.8 4.5 3.9 5.7 6.0 6.7 6.7 26

 27 Trade payables 1.4 0.9 0.3 1.1 -0.4 0.6 -0.5 -0.1 -1.4 -0.6 27

 28 Taxes payable 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Miscellaneous liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Proprietors’ net investment -1.1 0.0 0.4 2.9 -4.5 -1.3 -0.1 -0.3 1.4 1.5 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.
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Historical Annuals, 1955-1964, 17

F.104 State and Local Governments (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Current receipts, NIPA basis 29.2 32.2 34.8 36.8 40.4 44.2 47.7 51.6 55.5 60.6 1

 2 Personal current taxes 2.4 2.7 2.9 3.1 3.8 4.2 4.6 5.0 5.4 6.1 2

 3 Taxes on production and imports 21.0 23.3 25.1 26.5 28.8 31.5 33.8 36.3 38.7 41.8 3

 4 Taxes on corporate income 1.0 1.0 1.0 1.0 1.2 1.2 1.3 1.5 1.7 1.8 4

 5 Contributions for govt. social insurance 0.3 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.6 0.7 5

 6 Income receipts on assets 0.9 1.0 1.1 1.1 1.1 1.3 1.4 1.5 1.6 1.9 6

 7 Current transfer receipts 2.9 3.0 3.5 4.0 4.0 4.3 4.9 5.5 6.0 6.8 7

 8 Current surplus of government enterprises 0.7 0.8 0.8 0.8 1.0 1.2 1.2 1.3 1.5 1.5 8

 9 Current expenditures, NIPA basis 27.0 29.2 32.1 35.7 38.2 41.6 45.5 48.2 51.8 56.3 9

 10 Consumption expenditures 22.1 24.0 26.4 29.4 31.2 34.1 37.2 39.3 42.3 46.0 10

 11 Govt. social benefit payments to persons 3.3 3.3 3.6 4.0 4.3 4.6 5.0 5.3 5.7 6.2 11

 12 Interest payments 1.6 1.9 2.1 2.3 2.7 3.0 3.3 3.5 3.8 4.1 12

 13 Subsidies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Net saving, NIPA basis 2.2 3.0 2.7 1.1 2.2 2.6 2.2 3.4 3.7 4.3 14

 15 + Consumption of fixed capital 3.2 3.6 3.9 4.1 4.4 4.5 4.8 5.2 5.5 5.9 15

 16 - Net capital transfers paid (2) -1.0 -1.1 -1.6 -2.7 -3.5 -3.0 -3.3 -3.5 -4.1 -4.7 16

 17 = Gross saving less net capital transfers paid 6.4 7.7 8.2 7.9 10.0 10.1 10.3 12.1 13.4 15.0 17

 18 Gross investment 6.1 7.1 6.6 6.7 8.3 9.1 9.7 11.0 13.1 14.4 18

 19 Fixed investment 10.1 11.4 12.7 13.7 14.1 14.1 15.3 16.1 17.8 19.3 19

 20 Nonproduced nonfinancial assets 0.6 0.7 0.7 0.8 0.8 0.9 1.0 1.1 1.2 1.3 20

 21 Net lending (+) or net borrowing (-) -4.7 -5.0 -6.7 -7.7 -6.6 -5.9 -6.6 -6.2 -5.8 -6.1 21

 22 Net acq. of financial assets 2.4 1.6 0.3 0.6 2.2 2.6 2.4 3.4 3.5 4.2 22

 23 Checkable deposits and currency 0.0 -0.5 -0.7 -0.2 1.7 -0.0 -0.1 0.1 0.9 1.3 23

 24 Time and savings deposits -0.1 0.0 0.4 0.8 -0.4 1.4 0.9 1.0 1.6 1.7 24

 25 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Security RPs 0.5 0.6 0.5 -0.4 -0.8 -0.8 0.1 0.5 -1.2 -1.0 26

 27 Credit market instruments 1.2 1.2 -0.0 0.2 1.4 1.6 1.0 1.6 1.7 1.7 27

 28 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Treasury securities 1.1 1.1 -0.3 -0.0 1.2 0.9 0.3 1.2 1.2 1.0 29

 30 Agency- and GSE-backed securities 0.0 0.1 -0.0 -0.1 -0.1 0.5 0.5 0.3 0.5 0.5 30

 31 Municipal securities 0.0 0.0 0.1 0.1 -0.0 0.0 0.0 -0.2 -0.2 -0.1 31

 32 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Mortgages 0.1 0.1 0.2 0.2 0.3 0.2 0.3 0.3 0.2 0.2 33

 34 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 34

 35 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

 36 Trade receivables 0.5 0.3 0.1 0.3 0.4 0.3 0.3 0.3 0.5 0.5 36

 37 Taxes receivable 0.0 0.0 -0.0 0.1 -0.0 -0.0 0.1 0.0 0.1 0.0 37

 38 Miscellaneous assets 0.2 0.1 0.0 -0.1 0.0 0.1 -0.0 -0.1 -0.1 -0.0 38

 39 Net increase in liabilities 7.1 6.6 7.0 8.4 8.8 8.5 8.9 9.5 9.3 10.3 39

 40 Credit market instruments 5.0 4.2 4.7 5.6 6.0 5.5 5.6 6.0 5.5 6.4 40

 41 Municipal securities 5.0 4.2 4.5 5.5 5.8 5.3 5.4 5.5 5.2 6.1 41

 42 Short-term (3) 0.0 0.1 0.2 0.4 0.4 0.3 0.2 -0.0 0.4 0.8 42

 43 Long-term 5.0 4.1 4.3 5.0 5.4 5.0 5.1 5.5 4.8 5.4 43

 44 U.S. government loans 0.0 0.1 0.2 0.2 0.2 0.2 0.2 0.5 0.2 0.3 44

 45 Trade payables 0.6 0.7 0.8 0.8 0.9 0.9 1.0 1.0 1.1 1.2 45

 46 Claims of pension fund on sponsor (4) 1.4 1.7 1.6 1.9 1.9 2.1 2.3 2.5 2.7 2.7 46

 47 Discrepancy 0.3 0.7 1.6 1.2 1.7 1.0 0.7 1.1 0.3 0.5 47

(1) Data for employee retirement funds are shown in table F.118.

(2) Table F.9, line 62.

(3) Debt with original maturity of 13 months or less.

(4) Included in miscellaneous liabilities.
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18 Historical Annuals, 1955-1964,

F.105 Federal Government

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Current receipts, NIPA basis 71.0 75.8 79.2 76.0 86.6 93.6 95.1 103.2 111.3 111.3 1

 2 Personal current taxes 30.5 33.9 36.0 35.5 38.5 41.8 42.7 46.5 49.1 46.0 2

 3 Taxes on production and imports 10.4 11.0 11.5 11.2 12.2 13.1 13.2 14.1 14.7 15.4 3

 4 Taxes on corporate income 21.1 20.9 20.4 18.0 22.5 21.4 21.5 22.5 24.6 26.1 4

 5 Taxes from the rest of the world 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.2 0.2 5

 6 Contributions for govt. social insurance 8.8 9.6 11.0 11.0 13.5 16.0 16.6 18.6 21.1 21.8 6

 7 Income receipts on assets 0.0 0.0 0.0 0.0 0.1 1.5 1.6 1.8 1.9 1.9 7

 8 Current transfer receipts 0.2 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.5 0.6 8

 9 Current surplus of government enterprises 0.0 0.0 0.0 0.0 -0.5 -0.7 -0.9 -0.9 -0.7 -0.8 9

 10 Current expenditures, NIPA basis 71.6 74.4 81.9 88.1 90.5 93.4 99.8 108.5 113.5 118.2 10

 11 Consumption expenditures 46.8 47.4 50.9 52.6 51.8 50.9 52.7 59.0 61.2 63.1 11

 12 Government social benefits 11.5 12.3 14.5 18.2 18.6 20.1 23.4 23.8 25.0 25.5 12

 13 Other current transfer payments 4.5 4.4 4.7 5.2 7.6 7.3 7.8 8.4 8.8 9.4 13

 14 Interest payments 7.9 8.8 9.9 10.0 11.4 13.9 13.9 15.1 16.3 17.5 14

 15 Subsidies 0.9 1.5 1.9 2.1 1.1 1.1 2.0 2.3 2.2 2.7 15

 16 Net saving, NIPA basis -0.6 1.3 -2.7 -12.1 -3.9 0.2 -4.7 -5.3 -2.1 -6.9 16

 17 + Consumption of fixed capital 10.7 11.7 12.7 13.4 14.3 15.1 16.0 17.1 18.3 19.2 17

 18 - Insurance and pension reserves (1) -0.1 0.4 0.1 0.1 0.1 0.1 -0.0 0.1 0.2 0.2 18

 19 - Contr. for govt. soc. insur., U.S.-affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 19

 20 - Net capital transfers paid (2) -0.2 -0.5 -0.1 1.0 1.7 0.9 0.9 1.0 1.3 1.5 20

 21 = Gross saving less net capital transfers paid 10.4 13.0 10.0 0.2 8.5 14.4 10.4 10.6 14.6 10.6 21

 22 Gross investment 20.8 22.5 20.8 9.3 9.8 13.8 8.9 10.9 14.2 11.8 22

 23 Fixed investment 14.2 15.8 17.6 18.9 21.8 21.9 24.6 26.5 26.7 27.1 23

 24 Nonproduced nonfinancial assets 0.0 0.0 0.0 0.0 0.3 0.5 0.5 0.6 0.5 0.6 24

 25 Net lending (+) or net borrowing (-) 6.6 6.7 3.2 -9.6 -12.3 -8.5 -16.3 -16.2 -13.0 -15.9 25

 26 Net acq. of financial assets 12.9 10.0 10.4 9.5 4.6 0.9 2.7 3.4 3.8 3.6 26

 27 U.S. official reserve assets -0.1 0.6 0.3 -0.0 0.1 -0.4 0.2 -0.6 0.0 -0.2 27

 28 Checkable deposits and currency -0.3 -0.3 0.1 0.3 0.7 1.0 -0.0 1.0 -0.4 0.5 28

 29 Time and savings deposits -0.0 -0.0 -0.0 0.0 -0.0 -0.0 0.0 -0.0 -0.0 0.0 29

 30 Credit market instruments 0.7 0.7 0.6 1.5 1.8 1.0 1.7 1.9 1.6 2.8 30

 31 Agency- and GSE-backed securities 0.0 -0.0 0.0 -0.0 -0.0 0.0 -0.0 -0.0 0.0 -0.0 31

 32 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Other loans and advances 0.5 0.7 0.3 1.1 0.5 0.8 1.2 1.9 1.9 2.9 33

 34 Mortgages 0.2 0.0 0.3 0.4 1.3 0.2 0.4 0.1 -0.4 -0.0 34

 35 Consumer credit (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

 36 Corporate equities (4) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Trade receivables -0.2 0.1 -0.1 -0.5 -0.0 0.1 -0.0 0.2 0.5 0.2 37

 38 Taxes receivable 12.5 8.4 8.8 7.9 2.1 -1.5 0.4 0.5 1.7 0.2 38

 39 Miscellaneous assets 0.3 0.6 0.7 0.3 0.0 0.7 0.4 0.4 0.5 0.0 39

 40 Net increase in liabilities 6.4 3.3 7.1 19.1 16.9 9.4 18.9 19.5 16.8 19.5 40

 41 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

 42 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 42

 43 Treasury currency 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 43

 44 Credit market instruments -0.8 -5.9 -2.2 9.2 6.9 -2.0 7.2 6.9 3.8 6.1 44

 45 Savings bonds 0.3 -0.1 -1.9 -0.5 -1.8 -0.3 0.8 0.5 1.2 0.9 45

 46 Treasury bills -9.9 6.1 17.2 4.7 -6.8 -1.4 -8.9 22.0 -8.5 -6.0 46

 47 Other Treasury securities 9.6 -11.7 -18.0 4.7 15.9 -0.5 14.8 -16.5 11.2 10.3 47

 48 Budget agency securities -0.7 -0.3 0.3 -0.1 -0.6 -0.3 0.3 0.5 -0.2 0.9 48

 49 Multifamily residential mortgages 0.0 0.0 0.1 0.4 0.3 0.4 0.2 0.3 0.1 0.0 49

 50 Trade payables -0.1 0.3 0.2 0.1 0.1 0.5 0.3 0.4 0.3 0.1 50

 51 Insurance reserves -0.2 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 51

 52 Miscellaneous liabilities 7.4 8.6 9.1 9.8 9.7 10.9 11.3 12.1 12.5 13.3 52

 53 Nonmarketable securities held by pension plans (5) 0.7 0.9 0.4 0.9 0.9 0.9 0.9 1.0 1.2 1.2 53

 54 Claims of pension fund on sponsor 7.1 7.5 9.0 9.0 9.5 9.9 10.6 11.2 11.7 12.4 54

 55 Other -0.4 0.2 -0.3 -0.1 -0.6 0.0 -0.2 -0.1 -0.3 -0.3 55

 56 Discrepancy -10.4 -9.5 -10.8 -9.2 -1.3 0.5 1.5 -0.3 0.4 -1.2 56

 Memo:

 57 Change in cash balance (6) -0.7 0.1 0.2 0.2 0.6 0.8 0.0 1.3 -0.4 0.3 57

(1) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves.

(2) Table F.9, line 61 less line 12.

(3) Includes loans originated by the Department of Education under the Federal Direct Loan Program, as well as Federal Family Education Loan Program loans that

 the government purchased from depository institutions and finance companies.

(4) Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at issuance price.

(5) Nonmarketable government securities held by the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military

 retirement fund, and foreign service retirement and disability fund.

(6) Time and savings deposits (line 29) plus checkable deposit and currency liabilities of the monetary authority and U.S.-chartered depository institutions sectors (table F.204, lines 3 and 8).
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Historical Annuals, 1955-1964, 19

F.106 Rest of the World

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Foreign income from U.S. 20.8 22.5 23.6 23.6 28.3 28.8 28.7 31.2 32.7 34.8 1

 2 U.S. imports 17.2 18.9 19.9 20.0 22.3 22.8 22.7 25.0 26.1 28.1 2

 3 U.S. income payments to rest of world 1.1 1.1 1.2 1.2 1.5 1.8 1.8 1.8 2.1 2.3 3

 4 Current taxes and trans. payments to rest of world 2.6 2.5 2.4 2.4 4.4 4.1 4.2 4.4 4.5 4.4 4

 5 Foreign outlays to U.S. 21.2 25.2 28.3 24.4 27.0 31.9 32.9 35.0 37.6 42.3 5

 6 U.S. exports 17.7 21.3 24.0 20.6 22.7 27.0 27.6 29.1 31.1 35.0 6

 7 U.S. income receipts from rest of world 3.5 3.9 4.3 3.9 4.3 4.9 5.3 5.9 6.5 7.2 7

 8 - Net capital transfers paid (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Gross saving less net capital transfers paid (2) -0.4 -2.7 -4.7 -0.8 1.3 -3.2 -4.2 -3.8 -4.9 -7.5 9

 10 Gross investment -0.0 1.3 -4.6 -0.4 1.9 -1.8 -2.8 -2.3 -4.1 -5.9 10

 11 Nonproduced nonfinancial assets 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 11

 12 Net lending (+) or net borrowing (-) -0.0 1.3 -4.6 -0.4 1.9 -1.8 -2.8 -2.3 -4.1 -5.9 12

 13 Net acquisition of financial assets 1.4 2.1 0.3 3.5 4.6 3.9 3.4 2.8 3.5 3.7 13

 14 Monetary gold (3) 0.0 -0.3 -0.8 2.3 1.1 1.7 0.9 0.9 0.5 0.1 14

 15 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Net interbank assets 0.1 0.4 -0.2 0.2 0.0 0.8 0.1 -0.1 0.3 0.5 16

 17 U.S. checkable deposits and currency -0.2 0.2 0.3 -0.1 0.1 -0.0 1.0 0.1 0.3 1.0 17

 18 U.S. time deposits -0.1 -0.1 -0.1 0.9 -0.8 0.3 0.1 0.5 0.9 1.3 18

 19 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Security RPs (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Credit market instruments 0.2 0.6 0.2 0.0 4.2 0.9 0.5 1.7 1.1 1.0 21

 22 Open market paper -0.1 0.2 0.3 -0.1 -0.1 0.5 0.1 0.0 0.1 0.2 22

 23 Treasury securities 0.3 0.3 -0.2 0.1 4.3 0.3 0.4 1.3 0.7 0.3 23

 24 Official 0.3 0.3 -1.0 -0.7 3.5 0.7 0.2 1.4 0.8 0.4 24

 25 Private 0.0 0.0 0.8 0.8 0.8 -0.4 0.2 -0.1 -0.1 -0.1 25

 26 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.3 0.3 26

 27 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 27

 28 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.3 0.3 28

 29 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 U.S. corporate bonds (4) 0.1 0.1 0.1 0.1 -0.1 0.1 0.0 0.0 0.1 0.2 30

 31 Loans to U.S. corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 U.S. corporate equities 0.1 0.3 0.1 -0.1 0.4 0.2 0.3 0.1 0.2 -0.3 32

 33 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Trade receivables 0.0 0.1 0.1 -0.1 0.2 0.1 0.2 0.0 0.4 0.4 34

 35 Security credit -0.0 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 -0.0 0.0 35

 36 Miscellaneous assets 1.1 1.1 0.6 0.3 -0.4 -0.1 0.3 -0.5 0.0 -0.3 36

 37 Foreign direct investment in U.S. (5) 0.2 0.2 0.2 0.1 0.2 0.3 0.3 0.3 0.2 0.3 37

 38 Other 0.9 0.8 0.5 0.2 -0.7 -0.5 0.0 -0.8 -0.2 -0.6 38

 39 Net increase in liabilities 1.4 0.8 4.9 3.8 2.8 5.7 6.2 5.1 7.6 9.6 39

 40 U.S. official reserve assets -0.1 0.6 0.4 -0.0 0.0 -0.4 0.3 -0.6 0.1 -0.0 40

 41 U.S. private deposits -0.0 0.0 -0.0 0.0 -0.0 0.0 0.1 -0.1 -0.2 0.1 41

 42 Credit market instruments 0.0 0.9 1.3 2.0 0.6 1.8 2.2 2.1 3.2 4.0 42

 43 Commercial paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 43

 44 Bonds -0.2 0.3 0.4 0.9 0.5 0.6 0.4 1.0 1.0 0.5 44

 45 Depository institution loans n.e.c. 0.2 0.4 0.3 0.5 0.2 0.1 0.7 0.4 0.6 1.5 45

 46 Official 0.0 0.1 0.2 0.2 -0.0 -0.0 0.1 0.0 -0.1 0.0 46

 47 Banks 0.0 0.1 -0.0 0.1 0.1 0.0 0.2 0.2 0.2 0.5 47

 48 Other 0.2 0.2 0.1 0.2 0.2 0.1 0.4 0.1 0.6 1.0 48

 49 Other loans and advances 0.0 0.2 0.5 0.6 -0.1 1.1 1.1 0.7 1.6 2.0 49

 50 Foreign corporate equities (6) 0.4 -0.2 -0.4 -0.6 -0.3 0.1 0.3 -0.0 0.1 0.2 50

 51 Trade payables 0.1 0.1 0.1 -0.0 0.1 0.8 0.1 0.5 -0.4 0.8 51

 52 Security debt 0.0 -0.0 0.0 0.0 0.0 -0.0 0.0 -0.0 0.0 -0.0 52

 53 Miscellaneous liabilities 1.2 -0.6 3.5 2.4 2.3 3.5 3.2 3.3 4.7 4.6 53

 54 U.S. equity in IBRD, etc. 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.1 0.1 0.1 54

 55 Nonofficial foreign currencies 0.3 0.6 0.6 0.3 0.0 0.5 0.3 0.2 0.4 0.0 55

 56 U.S. direct investment abroad (4,5) 0.8 2.0 2.4 1.2 1.4 2.9 2.7 2.9 3.5 3.8 56

 57 Investment by holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 57

 58 Other -0.0 -3.1 0.4 0.9 0.9 -0.1 0.2 0.1 0.8 0.8 58

 59 Discrepancy (FOF basis) (7) -0.3 -4.0 -0.1 -0.4 -0.6 -1.4 -1.4 -1.5 -0.9 -1.6 59

 Memo:

 60 Net U.S. exports, NIPA basis 0.5 2.4 4.1 0.5 0.4 4.2 4.9 4.1 4.9 6.9 60

 61 + Net U.S. income receipts (8) 2.4 2.8 3.1 2.6 2.8 3.1 3.5 4.1 4.5 4.9 61

 62 - Current taxes and trans. payments to rest of world 2.6 2.5 2.4 2.4 4.4 4.1 4.2 4.4 4.5 4.4 62

 63 = Balance on current account, NIPAs 0.4 2.7 4.7 0.8 -1.3 3.2 4.2 3.8 4.9 7.5 63

(1) Table F.9, line 64.

(2) Line 1 minus line 5 minus line 8; equals net lending or net borrowing (-), NIPAs, with the sign reversed. Also equal to line 63 with the sign reversed minus line 8.

(3) U.S. net sales, sign reversed.

(4) 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.

(5) Direct investment is valued on a current-cost basis. Excludes capital gains and losses.

(6) Includes American Depositary Receipts (ADRs).

(7) Balance of payments discrepancy adjusted to NIPA concepts.

(8) Consists of net receipts from foreigners of interest, corporate profits, and employee compensation. Equals difference between GNP and GDP.
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20 Historical Annuals, 1955-1964,

F.107 Financial Business (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving less net capital transfers paid 3.5 3.8 3.7 3.7 4.6 4.8 5.0 5.5 4.8 4.9 1

 2 Gross investment 3.1 3.3 2.7 3.3 3.3 5.2 5.1 4.9 3.2 5.0 2

 3 Capital expenditures 1.6 1.7 1.7 1.7 1.9 2.0 2.0 2.3 2.2 2.9 3

 4 Fixed residential investment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Fixed nonresidential investment 1.6 1.7 1.7 1.7 1.9 2.0 2.0 2.3 2.2 2.9 5

 6 Net lending (+) or net borrowing (-) 1.5 1.5 0.9 1.6 1.4 3.2 3.1 2.7 1.0 2.0 6

 7 Net acqisition of financial assets 42.2 40.0 44.6 53.1 52.6 55.3 66.2 75.6 80.5 90.5 7

 8 U.S. official reserve assets -0.0 0.3 0.9 -2.3 -1.1 -1.7 -0.8 -0.9 -0.4 -0.0 8

 9 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Treasury currency 0.0 0.1 0.1 0.1 0.1 0.1 0.2 -0.0 0.0 -0.2 10

 11 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Net interbank assets 1.2 0.6 -0.2 -0.7 0.1 -0.9 1.2 1.4 -1.0 1.2 12

 13 Checkable deposits and currency 0.2 -0.0 0.1 0.2 0.2 0.1 0.5 0.3 -0.1 0.1 13

 14 Time and savings deposits 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 0.3 14

 15 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Federal funds and security RPs 0.4 -0.0 0.2 -0.4 0.0 0.4 -0.2 0.4 -0.2 0.6 16

 17 Credit market instruments 25.0 23.4 23.8 35.7 30.9 35.8 42.5 51.3 55.0 61.9 17

 18 Open market paper -0.2 0.1 0.1 0.2 0.0 0.7 0.8 0.2 0.1 0.3 18

 19 Treasury securities -8.1 -3.8 -2.3 11.1 -6.8 1.9 7.9 3.6 0.1 3.8 19

 20 Agency- and GSE-backed securities -0.5 -0.3 0.9 1.0 -0.4 1.3 0.9 1.9 0.5 0.9 20

 21 Municipal securities 1.6 1.3 2.3 4.1 2.3 2.0 3.9 5.8 4.4 3.6 21

 22 Corporate and foreign bonds 3.0 3.9 6.5 5.6 4.3 4.8 5.3 6.0 6.3 7.2 22

 23 Depository institution loans n.e.c. 7.3 5.7 2.0 0.8 6.8 3.0 2.6 6.3 7.0 8.4 23

 24 Other loans and advances 1.0 0.6 1.9 0.6 3.0 3.4 2.2 1.7 3.7 3.4 24

 25 Mortgages 14.7 12.9 9.7 12.2 15.7 14.1 16.6 21.0 25.5 26.0 25

 26 Consumer credit 6.2 3.0 2.6 0.1 6.1 4.8 2.3 5.0 7.3 8.3 26

 27 Corporate equities 1.8 2.6 4.1 2.9 5.2 6.1 5.5 7.1 7.8 8.6 27

 28 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 -0.0 0.2 28

 29 Trade receivables 0.1 0.1 0.2 0.1 0.2 0.2 0.1 0.2 0.1 0.2 29

 30 Security credit 1.1 -0.6 -0.3 1.4 0.2 0.2 2.2 0.7 2.7 -0.0 30

 31 Life insurance reserves 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Miscellaneous assets 12.2 13.5 15.6 15.8 16.5 14.8 14.7 14.6 16.5 17.6 32

 33 Net increase in liabilities 40.6 38.5 43.6 51.4 51.2 52.1 63.1 72.9 79.6 88.5 33

 34 Net interbank liabilities 1.5 0.9 -0.9 -0.9 0.3 -0.1 1.6 0.5 -0.9 0.8 34

 35 Checkable deposits and currency 2.3 1.9 -0.5 5.8 2.0 1.9 6.0 5.4 5.2 8.9 35

 36 Time and savings deposits 8.5 9.4 12.3 16.9 9.1 15.3 20.7 28.6 29.5 30.4 36

 37 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37

 38 Federal funds and security RPs -0.4 0.1 -0.0 -0.1 0.2 -0.2 -0.0 0.1 -0.5 0.3 38

 39 Credit market instruments 2.9 2.6 2.9 0.2 6.6 4.9 2.4 4.6 7.1 6.3 39

 40 Open market paper 0.0 0.5 0.8 -0.2 0.7 1.7 0.5 1.2 1.3 2.0 40

 41 Agency- and GSE-backed securities 1.0 0.5 1.4 0.1 2.2 0.7 0.7 1.6 1.6 0.5 41

 42 Corporate and foreign bonds 0.4 1.3 1.2 -0.1 1.0 3.2 0.7 0.3 1.6 3.1 42

 43 Depository institution loans n.e.c. 0.9 0.3 -0.3 0.5 1.8 -0.6 -0.3 0.6 1.4 -0.0 43

 44 Other loans and advances 0.6 0.1 -0.2 0.0 0.9 -0.3 0.7 0.8 1.2 0.7 44

 45 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 45

 46 Corporate equities -0.2 0.6 1.3 -0.4 0.5 1.1 -0.9 0.3 1.0 0.0 46

 47 Mutual fund shares 0.6 0.8 0.8 1.4 1.4 1.0 1.7 1.3 1.0 1.2 47

 48 Trade payables 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 48

 49 Security credit 0.5 -0.7 0.1 0.8 0.1 0.5 1.2 0.8 1.1 0.4 49

 50 Life insurance reserves 3.1 3.2 2.7 3.0 3.3 3.2 3.4 3.6 4.1 4.3 50

 51 Pension entitlements 16.9 18.5 22.6 21.8 24.7 23.7 23.9 23.5 26.7 31.1 51

 52 Taxes payable -0.4 0.2 0.2 0.1 -0.3 1.0 -1.0 0.6 -0.4 0.2 52

 53 Equity in noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 53

 54 Miscellaneous liabilities 5.4 0.9 2.2 3.0 3.3 -0.1 4.2 3.7 5.7 4.5 54

 55 Discrepancy 0.4 0.6 1.0 0.4 1.3 -0.4 -0.1 0.6 1.6 -0.1 55

(1) Sum of financial sectors shown on tables F.108 and F.110 through F.130.
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Historical Annuals, 1955-1964, 21

F.108 Monetary Authority (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving 0.0 0.1 0.1 0.1 -0.2 0.0 0.1 0.1 0.1 -0.5 1

 2 Fixed nonresidential investment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Net acquisition of financial assets 0.6 0.6 0.0 -0.3 0.1 -1.1 1.4 1.7 2.1 3.4 3

 4 U.S. official reserve assets -0.0 0.3 0.9 -2.3 -1.1 -1.7 -0.8 -0.9 -0.4 -0.0 4

 5 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Treasury currency 0.0 0.1 0.1 0.1 0.1 0.1 0.2 -0.0 0.0 -0.2 6

 7 Federal Reserve float (2) 0.8 0.1 -0.2 -0.1 0.3 0.3 0.5 0.6 -0.3 0.0 7

 8 Interbank loans (2) 0.1 -0.1 0.0 -0.0 0.4 -0.4 0.1 -0.1 -0.0 0.1 8

 9 Discount window (3) 0.1 -0.1 0.0 -0.0 0.4 -0.4 0.1 -0.1 -0.0 0.1 9

 10 AMLF (4) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Security RPs 0.4 -0.1 0.2 -0.4 -0.0 0.3 -0.3 0.2 -0.3 0.5 11

 12 Credit market instruments -0.6 0.3 -0.9 2.5 0.3 0.4 1.7 1.7 3.2 2.9 12

 13 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 13

 14 Treasury securities -0.5 0.2 -0.9 2.5 0.4 0.4 1.7 1.8 3.1 2.9 14

 15 Treasury bills -8.6 5.2 8.3 -0.0 -7.8 -1.2 -7.1 10.8 -4.4 -5.2 15

 16 Other Treasury securities 8.1 -5.0 -9.2 2.6 8.1 1.5 8.8 -9.0 7.5 8.1 16

 17 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Mortgage-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Other agency- and GSE-baked securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Depository institution loans n.e.c. -0.1 0.0 -0.0 0.0 -0.0 0.0 0.0 -0.0 0.0 -0.0 20

 21 Households (TALF) (5) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Rest of world -0.1 0.0 -0.0 0.0 -0.0 0.0 0.0 -0.0 0.0 -0.0 22

 23 Brokers and dealers (6) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Funding corporations (Maiden Lane) (7) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Funding corporations (AIG) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Funding corporations (Maiden Lane II) (8) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Funding corporations (Maiden Lane III) (9) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

 28 Funding corporations (CPFF) (10) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Corporate equities (11) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Miscellaneous assets 0.0 0.1 -0.0 -0.1 0.1 -0.0 -0.0 0.2 -0.0 0.0 30

 31 Nonofficial foreign currencies (12) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Other 0.0 0.1 -0.0 -0.1 0.1 -0.0 -0.0 0.2 -0.0 0.0 32

 33 Net increase in liabilities 0.6 0.6 -0.1 -0.3 0.3 -1.1 1.3 1.7 2.0 3.8 33

 34 Depository institution reserves 0.1 0.1 -0.0 -0.5 -0.3 -1.1 0.3 0.1 -0.4 0.8 34

 35 Vault cash of commercial banks 0.2 0.6 0.1 -0.1 -0.2 0.3 0.3 0.8 -0.3 0.3 35

 36 Checkable deposits and currency 0.2 0.0 0.0 0.2 0.6 -0.2 0.8 0.7 2.8 2.1 36

 37 Due to federal government -0.2 0.1 0.0 -0.2 -0.1 -0.0 0.0 0.1 0.3 0.3 37

 38 Treasury cash holdings -0.0 0.0 -0.0 -0.1 -0.3 -0.0 0.0 -0.0 -0.0 0.3 38

 39 Treasury general deposit account -0.2 0.0 0.0 -0.1 0.1 -0.0 -0.0 0.1 0.3 0.1 39

 40 Treasury temporary supplementary financing account 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 41 Due to rest of the world -0.1 -0.1 0.0 -0.1 0.1 -0.1 0.1 -0.0 -0.1 0.1 41

 42 Due to government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 42

 43 Currency outside banks 0.4 0.1 -0.0 0.4 0.6 -0.1 0.7 0.6 2.6 1.7 43

 44 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 44

 45 Miscellaneous liabilities 0.1 -0.1 -0.1 0.2 0.3 -0.2 -0.1 0.1 -0.1 0.7 45

 46 Federal Reserve Bank stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 46

 47 Other 0.1 -0.1 -0.2 0.2 0.3 -0.2 -0.1 0.1 -0.1 0.7 47

 48 Discrepancy -0.0 -0.0 -0.0 0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 48

(1) Assets and liabilities of Federal Reserve Banks and Treasury monetary accounts that supply or absorb bank reserves. Excludes the accounts of the Federal Reserve Board.

(2) Shown on table F.203.

(3) Federal Reserve loans extended to U.S.-chartered depository institutions through term auction credit, primary credit, secondary credit, and seasonal credit.

(4) Federal Reserve loans extended to U.S.-chartered depository institutions through the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).

(5) Loans extended to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF).

(6) Loans extended through the Federal Reserve’s Primary Dealer Credit Facility (PDCF) and AMLF.

(7) Loan extended by the Federal Reserve to Maiden Lane LLC to facilitate the arrangements associated with JPMorgan Chase & Co.’s acquisition of Bear Stearns Companies, Inc.

(8) Loan extended by the Federal Reserve to Maiden Lane II LLC to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of AIG subsidiaries.

(9) Loan extended by the Federal Reserve to Maiden Lane III LLC to purchase CDOs on which AIG has written credit default swap contracts.

(10) Loan extended by the Federal Reserve to Commercial Paper Funding Facility LLC.

(11) Preferred interests in AIA Aurora LLC and ALICO Holdings LLC, two limited liability companies created to hold all the outstanding common stock of American International Assurance

 Company Ltd (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.

(12) Reciprocal currency arrangements (swap lines) with foreign central banks.
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22 Historical Annuals, 1955-1964,

F.109 Private Depository Institutions (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving less net capital transfers paid (2) 2.2 2.7 2.7 2.3 2.5 2.5 2.4 2.7 2.7 3.6 1

 2 Fixed nonresidential investment 0.5 0.5 0.6 0.6 0.6 0.6 0.7 0.8 0.8 1.0 2

 3 Net lending (+) or net borrowing (-) 1.0 1.0 1.1 1.1 1.5 1.6 1.2 1.2 1.0 2.2 3

 4 Net acquisition of financial assets 13.5 13.7 13.2 24.6 14.7 19.8 30.4 36.2 36.3 42.0 4

 5 Vault cash 0.2 0.6 0.1 -0.1 -0.2 0.3 0.3 0.8 -0.3 0.3 5

 6 Reserves at Federal Reserve 0.1 0.1 -0.0 -0.5 -0.3 -1.1 0.3 0.1 -0.4 0.8 6

 7 Credit market instruments 12.4 13.0 12.5 23.6 14.6 19.8 28.0 33.1 34.6 39.7 7

 8 Open market paper -0.3 0.0 0.1 0.2 -0.1 0.4 1.0 -0.2 0.0 0.5 8

 9 Treasury securities -7.3 -3.0 -0.7 8.1 -7.8 1.2 6.2 0.2 -2.5 0.3 9

 10 Agency- and GSE-backed securities -0.6 -0.3 0.8 0.9 -0.6 1.0 0.7 1.5 0.4 0.7 10

 11 Municipal securities 0.2 0.2 1.0 2.6 0.4 0.6 2.8 5.0 4.4 3.5 11

 12 Corporate and foreign bonds -0.5 -0.4 0.7 0.5 -0.3 -0.0 -0.4 0.0 -0.8 0.3 12

 13 Depository institution loans n.e.c. 7.5 5.7 2.1 0.8 6.9 3.0 2.6 6.3 7.0 8.4 13

 14 Other loans and advances -0.2 0.3 0.3 -0.1 -0.0 0.9 0.7 -0.0 0.2 0.5 14

 15 Mortgages 10.2 8.4 6.3 9.6 11.9 9.7 12.5 16.8 20.7 19.5 15

 16 Consumer credit 3.4 2.2 1.9 0.9 4.3 3.1 2.0 3.3 5.1 6.1 16

 17 Corporate equities 0.1 0.1 0.1 0.1 -0.0 0.0 0.1 0.1 0.1 0.1 17

 18 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Security credit 0.7 -0.7 0.0 0.5 0.2 0.3 1.1 0.8 1.1 0.4 19

 20 Life insurance reserves 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Miscellaneous assets -0.0 0.7 0.5 1.0 0.5 0.4 0.6 1.2 1.1 0.6 21

 22 Net increase in liabilities 12.5 12.6 12.1 23.5 13.2 18.2 29.2 35.0 35.4 39.8 22

 23 Net interbank liabilities 1.1 0.2 -1.0 -0.3 0.9 0.7 0.9 -0.4 -0.3 -0.2 23

 24 Checkable deposits 2.2 1.9 -0.5 5.7 1.5 2.1 5.2 4.7 2.4 6.9 24

 25 Small time and savings deposits 8.8 9.6 12.1 14.3 10.8 11.7 18.3 25.8 25.6 25.7 25

 26 Large time deposits -0.3 -0.2 0.2 2.6 -1.7 3.6 2.4 2.8 3.9 4.8 26

 27 Federal funds and security RPs (net) -0.2 -0.0 -0.1 0.1 0.2 -0.2 0.3 0.0 -0.0 0.5 27

 28 Credit market instruments 0.3 0.1 0.4 -0.1 0.8 0.7 1.3 0.8 1.8 1.6 28

 29 Open market paper -0.2 0.3 0.3 -0.1 -0.0 0.9 0.7 -0.0 0.2 0.5 29

 30 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.5 30

 31 Other loans and advances 0.6 -0.2 0.0 0.0 0.8 -0.2 0.7 0.8 1.3 0.5 31

 32 Corporate equity issues -0.1 0.3 0.3 0.1 0.1 0.1 0.2 0.1 0.0 0.0 32

 33 Taxes payable (net) -0.4 0.3 0.1 -0.0 -0.5 1.0 -0.9 0.5 -0.4 0.2 33

 34 Miscellaneous liabilities 1.0 0.4 0.6 1.2 1.1 -1.5 1.4 0.6 2.3 0.4 34

 35 Foreign direct investment in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

 36 Investment by holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Investment by funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37

 38 Other 1.0 0.4 0.6 1.2 1.1 -1.6 1.4 0.6 2.3 0.4 38

 39 Discrepancy 0.7 1.2 1.0 0.7 0.4 0.3 0.5 0.8 1.0 0.3 39

 Memo:

 40 Consumer leases not included above (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

(1) U.S.-chartered depository institutions (F.110), foreign banking offices (F.111), banks in U.S.-affiliated areas (F.112), and credit unions (F.113).

(2) Net capital transfers paid from table F.9, line 54.

(3) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset; depreciation flows are included in line 1, and fixed investment flows are included in line 2.
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Historical Annuals, 1955-1964, 23

F.110 U.S.-Chartered Depository Institutions, Excluding Credit Unions

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving less net capital transfers paid (1) 2.1 2.5 2.5 2.1 2.3 2.3 2.2 2.6 2.6 3.4 1

 2 Fixed nonresidential investment 0.5 0.4 0.5 0.5 0.6 0.6 0.6 0.7 0.8 1.0 2

 3 Net acquisition of financial assets 13.0 12.8 12.6 24.0 13.9 18.6 29.7 35.3 35.2 40.6 3

 4 Vault cash 0.2 0.6 0.1 -0.1 -0.2 0.3 0.3 0.8 -0.3 0.3 4

 5 Reserves at Federal Reserve 0.1 0.1 -0.0 -0.5 -0.3 -1.1 0.3 0.1 -0.4 0.8 5

 6 Credit market instruments 12.0 12.5 12.2 23.2 13.9 18.8 27.0 32.2 34.0 38.6 6

 7 Open market paper -0.3 0.0 0.1 0.2 -0.2 0.4 0.9 -0.2 0.0 0.5 7

 8 Treasury securities -7.3 -3.1 -0.7 8.1 -7.8 1.2 6.1 0.2 -2.5 0.2 8

 9 Agency- and GSE-backed securities -0.6 -0.3 0.8 0.9 -0.6 1.0 0.7 1.5 0.4 0.6 9

 10 Residential mortgage pass-through securities 0.0 0.0 0.1 -0.0 0.1 0.0 0.0 0.1 0.1 0.1 10

 11 Commercial mortgage pass-through securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Residential CMOs and other structured MBS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Commercial CMOs and other structured MBS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Other -0.6 -0.4 0.6 0.9 -0.6 0.9 0.6 1.4 0.4 0.6 14

 15 Municipal securities 0.2 0.2 1.0 2.6 0.4 0.6 2.8 5.0 4.4 3.5 15

 16 Corporate and foreign bonds -0.6 -0.3 0.7 0.5 -0.3 -0.0 -0.4 -0.1 -0.6 0.3 16

 17 Private residential mortgage pass-through securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Private commercial mortgage pass-through securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Private residential CMOs and other structured MBS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Private commercial CMOs and other structured MBS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Other -0.6 -0.3 0.7 0.5 -0.3 -0.0 -0.4 -0.1 -0.6 0.3 21

 22 Depository institution loans n.e.c. 7.6 5.6 2.2 0.8 6.8 2.9 2.3 6.4 6.9 8.3 22

 23 Other loans and advances -0.2 0.3 0.3 -0.1 -0.0 0.7 0.5 -0.0 0.2 0.4 23

 24 Mortgages 10.0 8.3 6.3 9.6 11.7 9.6 12.2 16.6 20.4 19.5 24

 25 Consumer credit 3.2 1.8 1.4 0.7 3.8 2.6 1.9 2.9 4.7 5.2 25

 26 Corporate equities 0.1 0.1 0.1 0.1 -0.0 0.0 0.1 0.1 0.1 0.1 26

 27 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

 28 Security credit 0.6 -0.8 -0.1 0.4 0.2 0.2 1.1 1.0 0.8 0.5 28

 29 Life insurance reserves 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Miscellaneous assets 0.1 0.3 0.3 0.8 0.5 0.2 0.9 1.1 1.1 0.3 30

 31 Net increase in liabilities 12.1 11.8 11.5 22.9 12.5 17.0 28.5 34.2 34.3 38.5 31

 32 Net interbank liabilities 1.2 0.2 -0.9 -0.1 1.2 0.4 1.2 -0.4 -0.3 -0.1 32

 33 Federal Reserve float 0.8 0.1 -0.2 -0.1 0.3 0.3 0.5 0.6 -0.3 0.0 33

 34 Borrowing from Federal Reserve banks 0.1 -0.1 0.0 -0.0 0.4 -0.4 0.1 -0.1 -0.0 0.1 34

 35 To domestic banking 0.3 0.1 -0.3 0.1 0.2 0.2 0.7 -0.7 -0.0 -0.4 35

 36 To foreign banks 0.1 0.1 -0.3 -0.1 0.2 0.4 -0.0 -0.2 0.1 0.1 36

 37 Checkable deposits 2.1 1.7 -0.7 5.6 1.1 1.9 5.0 4.6 2.3 6.0 37

 38 Federal government -0.5 0.0 0.2 0.4 0.8 0.9 0.0 1.2 -0.6 -0.0 38

 39 Rest of the world -0.1 0.3 0.3 -0.0 -0.0 0.1 0.9 0.2 0.3 0.8 39

 40 Private domestic 2.7 1.4 -1.2 5.3 0.3 0.9 4.1 3.2 2.6 5.2 40

 41 Small time and savings deposits 8.4 9.2 11.6 13.8 10.2 11.2 17.6 25.1 24.8 24.6 41

 42 Large time deposits -0.3 -0.3 0.3 2.6 -1.8 3.5 2.4 2.8 3.9 4.7 42

 43 Federal funds and security RPs (net) -0.2 -0.0 -0.1 0.1 0.2 -0.2 0.3 0.0 -0.0 0.5 43

 44 Credit market instruments 0.4 0.1 0.3 -0.1 0.8 0.6 1.2 0.8 1.7 1.5 44

 45 Open market paper -0.2 0.3 0.3 -0.1 -0.0 0.7 0.5 -0.0 0.2 0.4 45

 46 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.5 46

 47 Other loans and advances 0.6 -0.2 0.0 0.0 0.8 -0.2 0.7 0.8 1.3 0.5 47

 48 Corporate equity issues -0.1 0.3 0.3 0.1 0.1 0.1 0.2 0.1 0.0 0.0 48

 49 Taxes payable (net) -0.4 0.3 0.1 -0.0 -0.5 1.0 -0.9 0.5 -0.4 0.2 49

 50 Miscellaneous liabilities 0.9 0.3 0.6 1.0 1.1 -1.5 1.5 0.5 2.3 1.0 50

 51 Investment by holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 51

 52 Other 0.9 0.3 0.6 1.0 1.1 -1.5 1.5 0.5 2.3 1.0 52

 53 Discrepancy 0.6 1.1 0.9 0.5 0.3 0.1 0.4 0.7 1.0 0.4 53

 Memo:

 54 Consumer leases not included above (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 54

(1) Net capital transfers paid from table F.9, line 54.

(2) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset; depreciation flows are included in line 1, and fixed investment flows are included in line 2.
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24 Historical Annuals, 1955-1964,

F.111 Foreign Banking Offices in U.S. (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Fixed nonresidential investment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Net acquisition of financial assets 0.0 0.4 0.0 0.2 0.1 0.5 0.2 0.1 0.2 0.4 3

 4 Reserves at Federal Reserve 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Credit market instruments -0.0 -0.0 -0.1 0.0 0.1 0.3 0.6 0.1 -0.2 0.2 5

 6 Open market paper -0.0 0.0 -0.0 0.0 0.0 0.0 0.1 -0.0 0.0 0.0 6

 7 Treasury securities -0.0 0.1 -0.0 0.0 0.0 -0.0 0.0 -0.0 -0.1 0.0 7

 8 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Municipal securities 0.1 -0.1 -0.0 -0.0 0.0 -0.0 0.0 0.1 -0.1 0.0 9

 10 Corporate and foreign bonds 0.1 -0.1 -0.0 -0.0 0.0 -0.0 0.0 0.1 -0.1 0.0 10

 11 Depository institution loans n.e.c. -0.1 0.0 -0.1 0.1 0.1 0.1 0.3 -0.0 0.1 0.1 11

 12 Other loans and advances -0.0 0.1 0.1 -0.0 -0.0 0.2 0.1 -0.0 0.0 0.1 12

 13 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Security credit 0.1 0.1 0.1 0.0 0.0 0.1 0.0 -0.2 0.4 -0.0 15

 16 Miscellaneous assets -0.1 0.3 0.1 0.2 -0.0 0.1 -0.4 0.1 0.0 0.2 16

 17 Net increase in liabilities 0.0 0.4 0.0 0.3 0.1 0.5 0.2 0.1 0.2 0.5 17

 18 Net interbank liabilities 0.0 0.2 0.1 0.2 -0.2 0.3 0.1 0.1 0.2 0.1 18

 19 To foreign banks 0.0 0.3 0.1 0.2 -0.2 0.4 0.2 0.1 0.2 0.4 19

 20 To domestic banks -0.0 -0.0 0.0 -0.0 -0.0 -0.1 -0.0 0.1 -0.0 -0.2 20

 21 Checkable deposits 0.0 0.1 0.1 -0.0 0.4 0.1 0.1 -0.0 -0.1 0.7 21

 22 Small time and savings deposits -0.0 0.0 -0.0 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Large time deposits -0.0 0.1 -0.1 -0.0 0.0 0.0 0.0 0.0 0.1 0.0 23

 24 Federal funds and security RPs (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Acceptance liabilities -0.0 0.1 0.1 -0.0 -0.0 0.2 0.1 -0.0 0.0 0.1 25

 26 Miscellaneous liabilities 0.0 -0.0 -0.1 0.1 -0.1 -0.2 -0.2 0.1 0.0 -0.5 26

 27 Foreign direct investment in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

 28 Investment by funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Other 0.0 -0.0 -0.1 0.1 -0.1 -0.2 -0.2 0.0 0.0 -0.5 29

 30 Discrepancy 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

(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).
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Historical Annuals, 1955-1964, 25

F.112 Banks in U.S.-Affiliated Areas (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Fixed nonresidential investment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Net acquisition of financial assets 0.0 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.2 0.1 3

 4 Credit market instruments 0.0 0.0 0.0 0.1 -0.0 0.0 0.0 0.1 0.1 0.0 4

 5 Treasury securities -0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 -0.0 5

 6 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Municipal securities 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.0 0.0 7

 8 Corporate and foreign bonds 0.0 0.0 -0.0 0.0 -0.0 -0.0 -0.0 0.0 0.0 -0.0 8

 9 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Home mortgages 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Commercial mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Miscellaneous assets 0.0 0.0 0.1 0.0 0.0 0.0 0.1 0.0 0.1 0.1 12

 13 Net increase in liabilities 0.0 0.1 0.1 0.1 -0.0 0.1 0.1 0.1 0.2 0.1 13

 14 Net interbank liabilities -0.0 -0.0 -0.0 -0.0 0.0 -0.0 -0.0 -0.0 -0.0 -0.0 14

 15 Checkable deposits 0.0 0.1 0.1 0.1 -0.0 0.1 0.1 0.1 0.2 0.1 15

 16 Small time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Large time deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Miscellaneous liabilities 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 -0.0 18

 19 Discrepancy 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 -0.0 19

(1) Commercial banks and branches of U.S.-chartered depository institutions located in Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam, and other U.S.-affiliated insular areas.

F.113 Credit Unions

Billions of dollars

 1 Gross saving 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 1

 2 Fixed nonresidential investment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Net acquisition of financial assets 0.4 0.4 0.5 0.3 0.7 0.7 0.4 0.6 0.7 0.9 3

 4 Reserves at Federal Reserve 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Credit market instruments 0.4 0.4 0.5 0.3 0.7 0.7 0.4 0.6 0.7 0.9 5

 6 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Home mortgages 0.1 0.1 -0.0 0.0 0.1 0.1 0.2 0.1 0.3 -0.0 12

 13 Consumer credit 0.2 0.3 0.5 0.2 0.5 0.6 0.2 0.5 0.4 0.9 13

 14 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Miscellaneous assets -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 15

 16 Net increase in liabilities 0.3 0.4 0.4 0.2 0.6 0.6 0.4 0.6 0.7 0.7 16

 17 Net interbank liabilities -0.1 -0.2 -0.2 -0.4 -0.1 -0.0 -0.4 -0.2 -0.2 -0.3 17

 18 Shares/deposits 0.4 0.5 0.5 0.5 0.6 0.5 0.7 0.7 0.8 1.1 18

 19 Checkable 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Small time and savings 0.4 0.5 0.5 0.5 0.6 0.5 0.7 0.7 0.8 1.1 20

 21 Large time 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Federal funds and security RPs (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Miscellaneous liabilities 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 -0.0 -0.1 24

 25 Discrepancy 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 -0.0 -0.1 25
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26 Historical Annuals, 1955-1964,

F.114 Property-Casualty Insurance Companies

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving less net capital transfers paid (1) 0.2 -0.1 -0.2 0.1 0.3 0.4 0.4 0.4 0.1 0.1 1

 2 Fixed nonresidential investment 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.1 0.2 2

 3 Net acquisition of financial assets 1.0 0.6 0.9 1.1 1.7 1.3 1.4 2.0 1.0 1.0 3

 4 Checkable deposits and currency 0.0 -0.1 -0.0 0.1 -0.0 -0.0 0.0 0.1 -0.0 -0.0 4

 5 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Credit market instruments 0.7 0.4 0.7 0.8 1.2 0.9 1.0 1.5 0.8 0.8 7

 8 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Treasury securities -0.1 -0.3 -0.2 -0.0 0.2 -0.2 -0.1 0.1 0.2 0.0 9

 10 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.2 -0.0 0.1 10

 11 Municipal securities 0.8 0.7 0.7 0.7 1.0 0.8 1.0 0.8 0.7 0.4 11

 12 Corporate and foreign bonds 0.0 0.0 0.2 0.1 0.1 0.1 0.0 0.3 -0.0 0.3 12

 13 Commercial mortgages 0.0 0.0 0.0 -0.0 -0.0 0.0 0.0 -0.0 -0.0 -0.0 13

 14 Corporate equities 0.2 0.1 0.1 0.1 0.3 0.3 0.3 0.2 0.2 0.1 14

 15 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Trade receivables 0.1 0.1 0.2 0.1 0.2 0.2 0.1 0.2 0.1 0.2 16

 17 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Net increase in liabilities 0.8 0.7 1.2 1.1 1.3 1.0 1.1 0.9 1.3 1.3 18

 19 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Corporate equity issues 0.1 0.1 0.1 0.1 0.1 0.1 0.3 0.1 0.3 0.1 20

 21 Taxes payable (net) -0.1 -0.1 0.1 0.1 -0.0 -0.0 -0.0 0.0 -0.0 -0.1 21

 22 Miscellaneous liabilities 0.7 0.8 1.0 0.9 1.1 0.9 0.8 0.7 1.1 1.3 22

 23 Discrepancy -0.1 -0.1 -0.1 -0.1 -0.2 -0.0 -0.1 -0.9 0.2 0.2 23

(1) Net capital transfers paid from table F.9, line 51.

F.115 Life Insurance Companies

Billions of dollars

 1 Gross saving 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 0.8 0.8 1

 2 Fixed nonresidential investment 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 2

 3 Net acquisition of financial assets 5.4 5.5 5.2 5.4 5.5 5.7 6.2 6.8 7.0 7.9 3

 4 Checkable deposits and currency 0.0 0.0 0.0 0.1 -0.1 0.0 0.1 0.1 0.0 0.0 4

 5 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Credit market instruments 5.1 5.1 4.8 5.1 5.0 5.1 5.3 6.0 6.4 7.0 7

 8 Open market paper 0.0 0.0 0.0 0.0 0.1 0.2 -0.1 0.2 0.0 -0.1 8

 9 Treasury securities -0.5 -1.0 -0.5 0.2 -0.3 -0.4 -0.3 0.0 -0.4 -0.2 9

 10 Agency- and GSE-backed securities 0.0 0.0 0.0 0.1 0.0 0.0 0.0 -0.0 0.0 -0.0 10

 11 Municipal securities 0.2 0.2 0.1 0.3 0.5 0.4 0.3 0.1 -0.2 -0.1 11

 12 Corporate and foreign bonds 1.7 2.2 2.7 2.4 2.1 1.7 2.5 2.5 2.8 2.3 12

 13 Other loans and advances 0.2 0.2 0.4 0.3 0.4 0.6 0.5 0.5 0.4 0.5 13

 14 Mortgages 3.5 3.5 2.2 1.8 2.1 2.6 2.4 2.7 3.6 4.6 14

 15 Corporate equities 0.1 -0.0 0.0 0.1 0.2 0.4 0.5 0.4 0.3 0.5 15

 16 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.1 16

 17 Miscellaneous assets 0.2 0.3 0.3 0.2 0.4 0.3 0.3 0.3 0.4 0.3 17

 18 Net increase in liabilities 5.1 5.0 4.9 5.2 5.6 5.4 5.7 6.1 6.5 7.2 18

 19 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Corporate equity issues 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Life insurance reserves 3.1 3.2 2.7 3.0 3.3 3.2 3.4 3.6 4.1 4.3 22

 23 Pension entitlements (1) 1.3 1.2 1.6 1.5 2.0 1.3 1.4 1.4 1.7 2.0 23

 24 Taxes payable (net) 0.0 0.0 0.0 0.1 0.1 -0.0 -0.0 0.1 -0.0 0.1 24

 25 Miscellaneous liabilities 0.6 0.7 0.6 0.6 0.2 1.0 1.0 1.0 0.7 0.8 25

 26 Discrepancy 0.3 0.2 0.3 0.3 0.7 0.2 0.2 -0.0 0.2 -0.0 26

(1) Annuity reserves held by life insurance companies, excluding unallocated contracts held by private pension funds, which are included in miscellaneous liabilities (line 25).
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Historical Annuals, 1955-1964, 27

F.116 Private and Public Pension Funds (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Fixed nonresidential investment 0.0 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 2

 3 Net acquisition of financial assets (2) 15.5 17.3 21.0 20.2 22.6 22.4 22.4 22.1 24.9 29.1 3

 4 Checkable deposits and currency 0.0 0.0 0.1 0.0 0.0 0.0 0.1 0.1 0.1 0.1 4

 5 Time and savings deposits 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.4 5

 6 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.1 7

 8 Credit market instruments 2.6 2.8 3.3 3.4 3.6 3.8 3.7 3.9 4.3 5.1 8

 9 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Treasury securities 0.6 0.1 -0.2 -0.0 0.6 0.0 0.1 0.5 0.5 0.6 10

 11 Agency- and GSE-backed securities 0.0 0.0 0.1 0.0 0.1 0.1 0.1 0.2 -0.0 0.1 11

 12 Corporate and foreign bonds 1.5 2.1 2.7 2.6 2.1 2.8 2.9 3.0 3.6 3.8 12

 13 Mortgages 0.2 0.2 0.3 0.4 0.5 0.8 0.7 0.7 0.7 1.0 13

 14 Corporate equities 1.4 1.9 2.2 2.7 3.6 4.1 5.2 5.2 6.0 7.1 14

 15 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 -0.0 0.1 15

 16 Miscellaneous assets 11.3 12.5 15.3 14.0 15.2 14.2 13.1 12.4 14.2 16.2 16

 17 Claims of pension fund on sponsor (3) 10.4 11.3 14.7 12.9 14.1 12.9 11.9 10.9 12.7 13.8 17

 18 Other 0.2 0.3 0.1 0.1 0.2 0.3 0.2 0.5 0.2 1.0 18

 19 Pension entitlements (liabilities) (4) 15.5 17.3 21.0 20.3 22.7 22.4 22.5 22.1 25.0 29.2 19

 Memo:

 20 Household retirement assets (5) ND ND ND ND ND ND ND ND ND ND 20

 21 Defined benefit plans (6) 14.3 15.7 19.4 18.3 20.0 19.4 18.7 18.1 20.2 22.9 21

 22 Defined contibution plans (7) 1.2 1.6 1.7 2.0 2.6 3.0 3.7 4.0 4.7 6.2 22

 23 Individual retirement plans (IRAs) (8) ND ND ND ND ND ND ND ND ND ND 23

 24 Annuities at life insurance companies (9) ND ND ND ND ND ND ND ND ND ND 24

(1) Private pension funds, state and local government employee retirement funds, and federal government employee retirement funds defined benefit plans and defined contribution plans (including 401(k) type plans).

(2) Includes claims on sponsor (i.e., unfunded pension entitlements).

(3) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(4) Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.

(5) Households’ retirement assets in tax-deferred accounts, including employer sponsored pension plans, IRAs, Roth IRAs, and annuities.

(6) Additional detail on private defined benefit plans is available on table L.117.b.

(7) Additional detail on private defined contribution plans is available on table L.117.c.

(8) IRA assets are not included above. See table L.226.i for a sectoral distribution of IRA accounts.

(9) Annuities held in IRAs at life insurance companies are excluded. They are included in line 23.
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28 Historical Annuals, 1955-1964,

F.117 Private Pension Funds (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Fixed nonresidential investment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 2

 3 Net acquisition of financial assets (2) 4.9 5.9 8.3 6.7 8.5 7.3 6.2 5.1 6.9 9.8 3

 4 Checkable deposits and currency 0.1 0.0 0.1 0.0 0.0 0.0 0.1 0.0 0.1 0.1 4

 5 Time and savings deposits 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.4 5

 6 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.1 7

 8 Credit market instruments 1.3 1.6 1.8 1.7 1.7 1.8 1.5 1.7 1.9 2.3 8

 9 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Treasury securities 0.3 -0.2 -0.3 -0.0 0.2 -0.2 0.0 0.2 0.1 0.0 10

 11 Agency- and GSE-backed securities 0.0 0.0 0.1 0.0 0.1 0.1 0.0 0.0 0.0 0.1 11

 12 Corporate and foreign bonds 0.9 1.6 1.9 1.5 1.2 1.6 1.2 1.2 1.5 1.6 12

 13 Mortgages 0.1 0.1 0.1 0.2 0.2 0.3 0.3 0.3 0.3 0.6 13

 14 Corporate equities 1.4 1.8 2.1 2.7 3.5 4.0 5.1 5.0 5.8 6.9 14

 15 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 -0.0 0.1 15

 16 Miscellaneous assets 2.1 2.4 4.2 2.2 3.0 1.3 -0.7 -2.3 -1.3 -0.1 16

 17 Unallocated insurance contracts (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Contributions receivable 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.0 0.1 0.2 18

 19 Claims of pension fund on sponsor (4) 1.8 2.1 4.0 2.0 2.7 0.9 -1.0 -2.8 -1.7 -1.3 19

 20 Other 0.2 0.3 0.1 0.1 0.2 0.3 0.2 0.5 0.2 1.0 20

 21 Pension entitlements (liabilities) (5) 5.0 6.0 8.3 6.7 8.5 7.3 6.3 5.1 6.9 9.8 21

 Memo:

 Net acquisition of financial assets (6)

 22 Defined benefit plans ND ND ND ND ND ND ND ND ND ND 22

 23 Defined contibution plans ND ND ND ND ND ND ND ND ND ND 23

(1) Private defined benefit plans and defined contribution plans (including 401(k) type plans).

(2) Includes claims on sponsor (i.e., unfunded pension entitlements).

(3) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.

(4) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(5) Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.

(6) Additional detail on defined benefit plans and defined contribution plans is available on F.117.b and F.117.c.
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Historical Annuals, 1955-1964, 29

F.118 State and Local Government Employee Retirement Funds (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Fixed nonresidential investment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Net acquisition of financial assets (2) 2.7 3.0 3.3 3.7 3.8 4.2 4.7 4.9 5.3 5.7 3

 4 Checkable deposits and currency -0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 -0.0 4

 5 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Credit market instruments 1.3 1.2 1.6 1.7 1.9 2.1 2.2 2.1 2.3 2.8 8

 9 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Treasury securities 0.3 0.3 0.1 -0.0 0.4 0.2 0.1 0.3 0.4 0.5 10

 11 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 -0.0 0.0 11

 12 Municipal securities 0.3 0.4 0.4 0.4 0.3 0.2 -0.1 -0.5 -0.5 -0.4 12

 13 Corporate and foreign bonds 0.6 0.5 0.9 1.1 0.9 1.1 1.7 1.8 2.1 2.2 13

 14 Mortgages 0.1 0.1 0.1 0.2 0.3 0.5 0.4 0.3 0.4 0.5 14

 15 Corporate equities 0.0 0.0 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 15

 16 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Miscellaneous assets 1.4 1.7 1.6 1.9 1.9 2.1 2.3 2.5 2.7 2.7 17

 18 Claims of pension fund on sponsor (3) 1.4 1.7 1.6 1.9 1.9 2.1 2.3 2.5 2.7 2.7 18

 19 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Pension entitlements (liabilities) (4) 2.7 3.0 3.3 3.7 3.8 4.2 4.7 4.9 5.3 5.7 20

(1) Defined benefit plans.

(2) Includes claims on sponsor (i.e., unfunded pension entitlements).

(3) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(4) Actuarial value of accrued defined benefit pension entitlements. These liabilities are assets of the household sector.

F.119 Federal Government Employee Retirement Funds

Billions of dollars

 1 Net acquisition of financial assets (1) 7.8 8.4 9.4 9.9 10.3 10.8 11.5 12.2 12.8 13.6 1

 2 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Miscellaneous assets (2) 7.8 8.4 9.4 9.9 10.3 10.8 11.5 12.2 12.8 13.6 7

 8 Nonmarketable Treasury securities 0.7 0.9 0.4 0.9 0.9 0.9 0.9 1.0 1.2 1.2 8

 9 Claims of pension fund on sponsor (3) 7.1 7.5 9.0 9.0 9.5 9.9 10.6 11.2 11.7 12.4 9

 10 Pension entitlements (liabilities) (4) 7.8 8.4 9.4 9.9 10.3 10.8 11.5 12.2 12.8 13.6 10

 Memo:

 Net acquisition of financial assets

 11 Defined benefit plans (2) 7.8 8.4 9.4 9.9 10.3 10.8 11.5 12.2 12.8 13.6 11

 12 Defined contibution plans (5) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

(1) Includes claims on sponsor (i.e., unfunded pension entitlements).

(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) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(4) Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.

(5) Includes the Thrift Savings Plan and the National Railroad Retirement Investment Trust.
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30 Historical Annuals, 1955-1964,

F.120 Money Market Mutual Funds (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net acquisition of financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Checkable deposits and currency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Net share issues (liabilities) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance companies sector (table F.115).

F.121 Mutual Funds (1)

Billions of dollars

 1 Gross saving -0.2 -0.3 -0.2 -0.2 0.1 0.1 0.0 0.1 0.0 -0.3 1

 2 Net acquisition of financial assets 0.6 0.8 0.8 1.4 1.4 1.0 1.7 1.3 1.0 1.2 2

 3 Security RPs 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 3

 4 Credit market instruments 0.1 0.2 0.1 0.3 0.3 0.2 0.4 0.2 0.2 0.4 4

 5 Open market paper 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 5

 6 Treasury securities 0.1 0.0 0.0 0.1 0.2 0.1 0.1 0.0 -0.0 0.0 6

 7 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Corporate and foreign bonds 0.0 0.2 0.1 0.2 0.2 0.2 0.3 0.0 0.2 0.4 9

 10 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Corporate equities 0.4 0.5 0.7 1.1 1.0 0.8 1.3 0.9 0.8 0.8 11

 12 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Net share issues (liabilities) 0.6 0.8 0.8 1.4 1.4 1.0 1.7 1.3 1.0 1.2 13

 14 Discrepancy -0.2 -0.3 -0.2 -0.2 0.1 0.1 0.0 0.1 0.0 -0.3 14

(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance companies sector (table F.115).

F.122 Closed-End and Exchange-Traded Funds

Billions of dollars

 Closed-end funds

 1 Net acquisition of financial assets -0.2 0.3 1.0 -0.6 0.2 0.9 -1.4 0.1 0.7 -0.2 1

 2 Credit market instruments 0.1 0.1 0.1 0.1 0.2 0.2 -0.0 -0.0 0.4 0.2 2

 3 Treasury securities 0.0 0.0 0.0 0.0 0.1 0.1 -0.0 -0.0 0.1 0.0 3

 4 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Corporate and foreign bonds 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.3 0.2 5

 6 Corporate equities -0.3 0.2 0.9 -0.8 0.1 0.6 -1.4 0.1 0.3 -0.4 6

 7 Net share issues (liabilities) -0.2 0.3 1.0 -0.6 0.2 0.9 -1.4 0.1 0.7 -0.2 7

 Exchange-traded funds

 8 Net acquisition of financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Net share issues (liabilities) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14
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Historical Annuals, 1955-1964, 31

F.123 Government-Sponsored Enterprises (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Fixed nonresidential investment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Net acquisition of financial assets 1.0 1.0 1.3 0.4 2.3 1.2 1.1 1.7 1.5 0.7 3

 4 Checkable deposits and currency 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 -0.0 4

 5 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Federal funds and security RPs (net) 0.0 -0.0 0.0 -0.0 0.0 0.0 -0.0 0.0 0.0 0.0 6

 7 Credit market instruments 1.0 1.0 1.3 0.3 2.2 1.2 1.0 1.6 1.5 0.7 7

 8 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Treasury securities 0.1 0.3 -0.1 0.1 0.1 0.1 -0.1 0.4 0.4 -0.5 9

 10 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Other loans and advances 0.6 -0.0 0.2 0.3 1.2 -0.0 0.9 1.0 1.7 0.8 13

 14 Sallie Mae 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Farm Credit System 0.0 0.1 0.2 0.3 0.3 0.1 0.2 0.2 0.4 0.3 15

 16 FHLB loans 0.6 -0.2 0.0 0.0 0.8 -0.2 0.7 0.8 1.3 0.5 16

 17 Mortgages 0.3 0.8 1.2 -0.1 0.9 1.1 0.2 0.2 -0.5 0.4 17

 18 Home 0.1 0.6 1.0 -0.3 0.7 0.9 -0.0 -0.0 -0.8 -0.1 18

 19 Consolidated trusts (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Other 0.1 0.6 1.0 -0.3 0.7 0.9 -0.0 -0.0 -0.8 -0.1 20

 21 Multifamily residential 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 21

 22 Consolidated trusts (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 23

 24 Farm 0.2 0.2 0.2 0.2 0.3 0.2 0.3 0.2 0.3 0.4 24

 25 Consumer credit (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Miscellaneous assets -0.0 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 26

 27 Net increase in liabilities 1.0 1.0 1.2 0.3 2.3 1.2 1.1 1.6 1.4 0.7 27

 28 Credit market instruments 1.0 0.7 1.1 0.1 2.3 0.6 0.7 1.5 1.4 0.5 28

 29 GSE issues (4) 0.9 0.4 1.4 0.1 2.2 0.7 0.6 1.5 1.5 0.4 29

 30 Consolidated trusts (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Other 0.9 0.4 1.4 0.1 2.2 0.7 0.6 1.5 1.5 0.4 31

 32 U.S. government loans 0.1 0.3 -0.3 -0.0 0.1 -0.1 0.1 -0.0 -0.1 0.1 32

 33 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Miscellaneous liabilities 0.0 0.3 0.1 0.3 -0.0 0.5 0.4 0.1 -0.0 0.1 34

 35 Discrepancy 0.0 0.0 -0.0 -0.0 0.0 0.0 0.0 -0.0 -0.0 -0.0 35

(1) Federal Home Loan Banks, Fannie Mae, Freddie Mac, Farmer Mac, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation. The Student Loan Marketing

 Association (Sallie Mae) was included until it was fully privatized in 2004:Q4. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools (table F.124) are consolidated on

 Fannie Mae’s and Freddie Mac’s 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.

F.124 Agency- and GSE-Backed Mortgage Pools (1)

Billions of dollars

 1 Net acquisition of financial assets 0.0 0.0 0.0 0.0 0.0 -0.0 0.1 0.1 0.1 0.1 1

 2 Home mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Multifamily residential mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Commercial mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Farm mortgages 0.0 0.0 0.0 0.0 0.0 -0.0 0.1 0.1 0.1 0.1 5

 6 Net increase in pool securities (liabilities)(2) 0.0 0.0 0.0 0.0 0.0 -0.0 0.1 0.1 0.1 0.1 6

(1) GNMA, Fannie Mae, Freddie Mac, Farmer Mac, and Farmers Home Administration pools. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools are consolidated on

 Fannie Mae’s and Freddie Mac’s balance sheets (table F.123). Also includes agency- and GSE-backed mortgage pool securities that are used as collateral for agency- and GSE-backed CMOs

 and privately issued CMOs. Excludes Federal Financing Bank holdings of pool securities, which are included with federal government mortgages and other loans.

(2) Such issues are classified as agency- and GSE-backed securities.
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32 Historical Annuals, 1955-1964,

F.125 Issuers of Asset-Backed Securities (ABS)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Fixed nonresidential investment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Net acquisition of financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Agency- and GSE-backed securities (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Mortgages (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Home 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Multifamily residential 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Commercial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Consumer credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Trade credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Net increase in liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Commercial paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Corporate bonds (net) (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Discrepancy 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 Memo:

 Securitized assets not included above

 17 Consumer leases (4) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 REIT assets (5) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

(1) Agency- and GSE-backed mortgage pool securities backing privately issued CMOs.

(2) Mortgages backing privately issued pool securities and privately issued CMOs.

(3) Net issuance less net acquisition of corporate bonds held as assets.

(4) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset; depreciation flows are included in line 1, and fixed investment flows are included in line 2.

(5) Included in table F.127.

F.126 Finance Companies (1)

Billions of dollars

 1 Gross saving 0.2 0.2 0.2 0.2 0.6 0.6 0.8 0.9 0.5 0.5 1

 2 Fixed nonresidential investment 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.2 0.1 0.2 2

 3 Net acquisition of financial assets 4.5 0.8 1.0 0.2 3.9 3.5 1.9 2.8 5.1 4.6 3

 4 Checkable deposits and currency 0.1 0.0 0.0 0.0 0.2 0.1 0.1 0.1 -0.1 -0.0 4

 5 Time and savings deposits 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 -0.0 -0.0 5

 6 Credit market instruments 3.8 0.9 1.3 -0.3 3.5 3.5 1.1 2.2 4.5 4.2 6

 7 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Other loans and advances 0.5 0.1 1.0 0.0 1.4 1.9 0.2 0.2 1.4 1.6 8

 9 Mortgages 0.5 -0.1 -0.3 0.5 0.2 -0.0 0.6 0.5 0.8 0.4 9

 10 Consumer credit 2.8 0.9 0.7 -0.8 1.8 1.6 0.2 1.6 2.2 2.3 10

 11 Miscellaneous assets 0.5 -0.1 -0.3 0.5 0.2 -0.1 0.6 0.4 0.8 0.4 11

 12 Net increase in liabilities 4.4 0.7 1.3 0.0 4.1 2.6 0.9 3.2 5.4 4.7 12

 13 Credit market instruments 1.6 1.7 1.4 0.2 3.5 3.5 0.2 2.2 3.8 4.1 13

 14 Open market paper 0.2 0.1 0.5 -0.1 0.7 0.8 -0.1 1.2 1.0 1.5 14

 15 Corporate bonds 0.4 1.3 1.2 -0.1 1.0 3.2 0.7 0.3 1.3 2.6 15

 16 Depository institution loans n.e.c. 0.9 0.3 -0.3 0.5 1.8 -0.6 -0.3 0.6 1.4 -0.0 16

 17 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Taxes payable 0.0 0.0 0.0 -0.1 0.1 0.0 -0.0 0.0 -0.0 -0.1 18

 19 Miscellaneous liabilities 2.8 -1.1 -0.1 -0.1 0.5 -0.9 0.7 1.0 1.7 0.7 19

 20 Foreign direct investment in U.S. 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Investment by parent 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Other 2.8 -1.1 -0.1 -0.1 0.5 -0.9 0.7 1.0 1.7 0.7 22

 23 Discrepancy -0.0 -0.0 0.3 -0.2 0.5 -0.5 -0.3 1.1 0.7 0.4 23

 Memo:

 24 Consumer leases not included above (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

(1) Includes retail captive finance companies and mortgage companies.

(2) See footnote (4), table F.125.
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Historical Annuals, 1955-1964, 33

F.127 Real Estate Investment Trusts (REITs) (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Fixed nonresidential investment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Multifamily residential investment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Net acquisition of financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Checkable deposits and currency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Home 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Multifamily residential 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Commercial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Net increase in liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Corporate equity issues 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Miscellaneous liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Discrepancy -0.0 -0.0 -0.0 0.0 -0.0 -0.0 0.0 0.0 -0.0 -0.0 23

 Memo:

 24 Securitized assets included above 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Home mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Multifamily residential mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

 28 Commercial mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

(1) Additional detail on financial assets and liabilities for equity and mortgage REITs is available on F.127.e and F.127.m.
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34 Historical Annuals, 1955-1964,

F.128 Security Brokers and Dealers

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 1

 2 Fixed nonresidential investment 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 2

 3 Net acquisition of financial assets 0.3 -0.6 0.1 0.6 0.1 0.5 0.9 0.8 0.7 0.7 3

 4 Checkable deposits and currency -0.0 0.0 0.0 0.0 0.0 0.0 0.1 -0.0 0.0 0.0 4

 5 Credit market instruments -0.2 -0.4 0.4 -0.1 -0.0 0.7 0.2 0.9 -1.0 0.8 5

 6 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Treasury securities -0.4 -0.0 0.2 0.2 -0.2 0.6 0.3 0.7 -1.3 0.7 7

 8 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Municipal securities 0.0 -0.2 0.1 0.0 0.1 0.1 -0.1 0.2 -0.0 0.2 9

 10 Corporate and foreign bonds 0.2 -0.2 0.1 -0.3 0.1 -0.0 -0.1 0.1 0.2 -0.1 10

 11 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Corporate equities -0.0 -0.2 0.2 -0.5 0.1 -0.0 -0.4 0.0 0.2 0.4 12

 13 Security credit 0.4 0.0 -0.3 1.0 0.0 -0.1 1.1 -0.2 1.5 -0.5 13

 14 Miscellaneous assets 0.2 0.0 -0.1 0.2 0.0 -0.0 0.1 0.0 0.0 0.0 14

 15 Net increase in liabilities 0.3 -0.6 0.1 0.6 0.1 0.5 0.9 0.8 0.7 0.6 15

 16 Security RPs (net) -0.2 0.1 0.1 -0.2 -0.0 0.0 -0.3 0.0 -0.4 -0.3 16

 17 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Depository institution loans n.e.c. (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Corporate equity issues 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Trade payables 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Security credit 0.5 -0.7 0.1 0.8 0.1 0.5 1.2 0.8 1.1 0.4 22

 23 Customer credit balances (HH) -0.1 -0.0 0.0 0.3 -0.2 0.2 0.1 -0.0 -0.0 -0.0 23

 24 From U.S.-chartered depository institutions 0.6 -0.8 -0.1 0.4 0.2 0.2 1.1 1.0 0.8 0.5 24

 25 From foreign banking offices in U.S. 0.1 0.1 0.1 0.0 0.0 0.1 0.0 -0.2 0.4 -0.0 25

 26 Taxes payable 0.0 -0.0 0.0 0.0 0.0 -0.0 0.0 -0.0 0.0 0.0 26

 27 Miscellaneous liabilities 0.0 -0.0 -0.0 -0.0 -0.0 0.0 -0.0 -0.0 -0.0 0.5 27

 28 Foreign direct investment in U.S. 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 -0.0 0.0 28

 29 Investment by funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Other -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 0.5 30

 31 Proprietors’ net investment 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Discrepancy 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 -0.0 -0.0 -0.1 32

(1) Loans extended through the Federal Reserve’s Primary Dealer Credit Facility (PDCF) and the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
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Historical Annuals, 1955-1964, 35

F.129 Holding Companies (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross saving 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.5 1

 2 Fixed nonresidential investment 0.6 0.7 0.7 0.6 0.6 0.7 0.8 0.8 0.9 1.0 2

 3 Net acquisition of financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Federal funds and security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Life insurance reserves 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Net trans. with depository institution subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Net trans. with property-casualty ins. co. subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Net trans. with life insurance company subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Net trans. with finance company subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Net trans. with broker and dealer subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Net trans. with foreign subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Net increase in liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Federal funds and security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Commercial paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Corporate equity issues 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Miscellaneous liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

 28 Equity, etc. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Discrepancy -0.3 -0.4 -0.3 -0.3 -0.3 -0.4 -0.4 -0.4 -0.5 -0.5 30

(1) Parent only bank holding companies and savings and loan holding companies that file the Federal Reserve Board form FR Y-9LP, FR Y-9SP, or FR 2320.
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36 Historical Annuals, 1955-1964,

F.130 Funding Corporations (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net acquisition of financial assets 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 1

 2 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Credit market instruments 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 4

 5 Open market paper 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 5

 6 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Corporate equities (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Investment in foreign banking offices 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Investment in brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Net increase in liabilities 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 12

 13 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Depository institution loans n.e.c. (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Other loans and advances (4) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Corporate equities (5) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Miscellaneous liabilities 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 19

 20 Foreign direct investment in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Securities loaned (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Equity interest under PPIP 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Other (net) 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 23

(1) Funding subsidiaries, custodial accounts for reinvested collateral of securities lending operations, Federal Reserve lending facilities,

 and funds associated with the Public-Private Investment Program (PPIP).

(2) Common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.

(3) Loans extended by the Federal Reserve to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, Commercial Paper Funding Facility LLC, and American International Group (AIG).

(4) Loans extended by the federal government to the Term Asset-Backed Securities Loan Facility (TALF) LLC and to funds associated with PPIP.

(5) Preferred shares issued by AIG to the federal goverment under the Troubled Asset Relief Program (TARP) program and the monetary authority sector’s preferred interest in

 AIA Aurora LLC and ALICO Holdings LLC.
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Historical Annuals, 1955-1964, 37

F.200 U.S. Official Reserve Assets and SDR Allocations (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in liabilities -0.1 0.6 0.4 -0.0 0.0 -0.4 0.3 -0.6 0.1 -0.0 1

 2 Federal government: SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Rest of the world -0.1 0.6 0.4 -0.0 0.0 -0.4 0.3 -0.6 0.1 -0.0 3

 4 SDR holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Reserve position in IMF (net) -0.1 0.6 0.4 -0.0 0.0 -0.4 0.1 -0.6 -0.0 -0.3 5

 6 Foreign currency holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.1 -0.0 0.1 0.2 6

 7 Net change in assets -0.1 0.6 0.4 -0.0 0.0 -0.4 0.3 -0.6 0.1 -0.0 7

 8 Federal government -0.1 0.6 0.3 -0.0 0.1 -0.4 0.2 -0.6 0.0 -0.2 8

 9 Monetary gold (2) -0.0 0.0 -0.0 -0.0 0.0 -0.0 0.0 0.0 0.0 0.0 9

 10 SDR holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Reserve position in IMF (net) -0.1 0.6 0.3 -0.0 0.1 -0.4 0.1 -0.6 -0.0 -0.3 11

 12 Foreign currency holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.1 -0.0 0.1 0.1 12

 13 Rest of the world 0.0 -0.3 -0.8 2.3 1.1 1.7 0.9 0.9 0.5 0.1 13

 14 Monetary gold (2) 0.0 -0.3 -0.8 2.3 1.1 1.7 0.9 0.9 0.5 0.1 14

 15 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Monetary authority -0.0 0.3 0.9 -2.3 -1.1 -1.7 -0.8 -0.9 -0.4 -0.0 16

 17 Monetary gold (2) -0.0 0.3 0.8 -2.2 -1.1 -1.7 -0.9 -0.9 -0.5 -0.1 17

 18 Reserve position in IMF (net) -0.0 0.0 0.0 -0.0 -0.0 -0.0 0.1 -0.0 -0.0 0.0 18

 19 Foreign currency holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.1 -0.0 0.1 0.1 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.

F.201 Special Drawing Rights (SDRs) Certificates and Treasury Currency

Billions of dollars

 SDR certificates:

 1 Liab: Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Asset: Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 Treasury currency:

 3 Liab: Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 3

 4 Asset: Monetary authority 0.0 0.1 0.1 0.1 0.1 0.1 0.2 -0.0 0.0 -0.2 4

 5 Discrepancy (seigniorage) -0.0 -0.0 -0.0 -0.1 -0.0 -0.0 -0.1 0.0 0.0 0.2 5

F.202 U.S. Deposits in Foreign Countries

Billions of dollars

 1 Total rest of the world liability -0.0 0.0 -0.0 0.0 -0.0 0.0 0.1 -0.1 -0.2 0.1 1

 Held by:

 2 Household sector 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Nonfinancial corporate business -0.0 0.0 -0.0 0.0 -0.0 0.0 0.1 -0.1 -0.2 0.1 3

 4 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Discrepancy--unallocated assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5
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38 Historical Annuals, 1955-1964,

F.203 Net Interbank Transactions

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in liabilities 1.5 0.9 -0.9 -0.9 0.3 -0.1 1.6 0.5 -0.9 0.8 1

 2 Monetary authority 0.3 0.6 0.0 -0.6 -0.6 -0.8 0.6 0.9 -0.7 1.1 2

 3 U.S.-chartered depository institutions 1.2 0.2 -0.9 -0.1 1.2 0.4 1.2 -0.4 -0.3 -0.1 3

 4 Foreign banking offices in U.S. 0.0 0.2 0.1 0.2 -0.2 0.3 0.1 0.1 0.2 0.1 4

 5 Banks in U.S.-affiliated areas -0.0 -0.0 -0.0 -0.0 0.0 -0.0 -0.0 -0.0 -0.0 -0.0 5

 6 Credit unions -0.1 -0.2 -0.2 -0.4 -0.1 -0.0 -0.4 -0.2 -0.2 -0.3 6

 7 Net change in assets 1.3 1.0 -0.4 -0.6 0.2 -0.1 1.3 1.3 -0.7 1.7 7

 8 Rest of the world 0.1 0.4 -0.2 0.2 0.0 0.8 0.1 -0.1 0.3 0.5 8

 9 Monetary authority 0.9 -0.0 -0.2 -0.1 0.7 -0.2 0.5 0.5 -0.3 0.1 9

 10 U.S.-chartered depository institutions 0.3 0.6 0.0 -0.6 -0.6 -0.8 0.6 0.9 -0.7 1.1 10

 11 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Discrepancy 0.2 -0.1 -0.5 -0.3 0.2 0.0 0.3 -0.9 -0.2 -0.9 13

 Memo:

 Vault cash:

 14 Liab.: Monetary authority 0.2 0.6 0.1 -0.1 -0.2 0.3 0.3 0.8 -0.3 0.3 14

 15 Asset: U.S.-chartered depository institutions 0.2 0.6 0.1 -0.1 -0.2 0.3 0.3 0.8 -0.3 0.3 15

 Depository institution reserves:

 16 Liab.: Monetary authority 0.1 0.1 -0.0 -0.5 -0.3 -1.1 0.3 0.1 -0.4 0.8 16

 17 Asset: U.S.-chartered depository institutions 0.1 0.1 -0.0 -0.5 -0.3 -1.1 0.3 0.1 -0.4 0.8 17

 18 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 Other transactions with the monetary authority

 20 Liab: U.S.-chartered depository institutions 0.9 -0.0 -0.2 -0.1 0.7 -0.2 0.5 0.5 -0.3 0.1 20

 21 Asset: Monetary authority 0.9 -0.0 -0.2 -0.1 0.7 -0.2 0.5 0.5 -0.3 0.1 21

 22 Federal Reserve float 0.8 0.1 -0.2 -0.1 0.3 0.3 0.5 0.6 -0.3 0.0 22

 23 Loans 0.1 -0.1 0.0 -0.0 0.4 -0.4 0.1 -0.1 -0.0 0.1 23

 Transactions with banks in foreign countries (net):

 24 Liab.: U.S.-chartered depository institutions (net) 0.0 0.1 -0.3 -0.0 0.2 0.4 0.1 -0.2 0.1 0.1 24

 25 Due to foreign affiliates 0.0 0.1 -0.3 -0.0 0.2 0.4 0.1 -0.2 0.1 0.1 25

 26 - Due from foreign affiliates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Foreign banking offices in U.S. (net) 0.0 0.3 0.1 0.2 -0.2 0.4 0.2 0.1 0.2 0.4 27

 28 Due to foreign affiliates 0.1 0.3 0.1 0.2 -0.2 0.5 0.2 0.1 0.2 0.5 28

 29 - Due from foreign affiliates 0.0 0.1 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.1 29

 30 Less: Deposits at foreign banks -0.0 -0.0 0.0 0.0 -0.0 0.0 0.1 -0.0 0.1 0.0 30

 31 U.S.-chartered depository institutions -0.0 -0.0 0.0 0.0 -0.0 0.0 0.1 -0.0 0.1 0.0 31

 32 Foreign banking offices in U.S. -0.0 0.0 0.0 -0.0 -0.0 0.0 0.0 -0.0 0.0 0.0 32

 33 Asset: Rest of the world (1) 0.1 0.4 -0.2 0.2 0.0 0.8 0.1 -0.1 0.3 0.5 33

 Transactions between U.S. depository institutions (net) (2):

 34 U.S.-chartered depository institutions (net) 0.3 0.1 -0.3 0.1 0.2 0.2 0.7 -0.7 -0.0 -0.4 34

 35 Due to (3): 0.3 0.1 -0.3 0.1 0.2 0.1 0.8 -0.7 -0.0 -0.4 35

 36 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.1 0.1 -0.0 0.0 0.2 36

 37 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 0.0 37

 38 Credit unions 0.1 0.2 0.2 0.4 0.1 0.0 0.4 0.2 0.2 0.3 38

 39 - Due from: Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 -0.0 -0.0 0.1 0.0 0.0 -0.0 39

 40 Unallocated (2) 0.2 -0.1 -0.5 -0.3 0.2 0.0 0.3 -0.9 -0.2 -0.9 40

(1) Sum of lines 24 and 27 less line 30.

(2) Interbank transactions between U.S. banks should net to zero and thus are not shown in lines 1 through 12 above. However, the unallocated amount (line 40), which is due to inconsistencies

 in source data, appears on line 13 as the discrepancy between liabilities and assets.

(3) Sum of lines 36, 37, 38, and 40.
Flo

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Historical Annuals, 1955-1964, 39

F.204 Checkable Deposits and Currency

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in liabilities 2.3 1.9 -0.5 5.8 2.0 1.9 6.0 5.4 5.2 8.9 1

 2 Monetary authority 0.2 0.0 0.0 0.2 0.6 -0.2 0.8 0.7 2.8 2.1 2

 3 Federal government cash and deposits -0.2 0.1 0.0 -0.2 -0.1 -0.0 0.0 0.1 0.3 0.3 3

 4 Due to government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Deposits due to foreign -0.1 -0.1 0.0 -0.1 0.1 -0.1 0.1 -0.0 -0.1 0.1 5

 6 Currency outside banks 0.4 0.1 -0.0 0.4 0.6 -0.1 0.7 0.6 2.6 1.7 6

 7 U.S.-chartered depository institutions 2.1 1.7 -0.7 5.6 1.1 1.9 5.0 4.6 2.3 6.0 7

 8 Federal government deposits -0.5 0.0 0.2 0.4 0.8 0.9 0.0 1.2 -0.6 -0.0 8

 9 Deposits due to foreign -0.1 0.3 0.3 -0.0 -0.0 0.1 0.9 0.2 0.3 0.8 9

 10 Private domestic deposits 2.7 1.4 -1.2 5.3 0.3 0.9 4.1 3.2 2.6 5.2 10

 11 Foreign banking offices in U.S. 0.0 0.1 0.1 -0.0 0.4 0.1 0.1 -0.0 -0.1 0.7 11

 12 Deposits due to foreign 0.0 0.0 0.0 0.0 0.1 -0.0 -0.0 -0.0 0.0 0.1 12

 13 Private domestic deposits 0.0 0.1 0.1 -0.0 0.3 0.1 0.1 -0.0 -0.1 0.7 13

 14 Banks in U.S.-affiliated areas 0.0 0.1 0.1 0.1 -0.0 0.1 0.1 0.1 0.2 0.1 14

 15 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Net change in assets 2.3 1.9 -0.5 5.8 2.0 1.9 6.0 5.4 5.2 8.9 16

 17 Household sector 1.1 1.8 -0.9 2.7 2.4 2.0 -0.3 -0.4 4.7 6.3 17

 18 Nonfinancial business 1.2 -0.1 0.7 2.7 -2.5 -1.6 3.2 3.6 -1.1 -0.3 18

 19 Corporate 1.0 -0.3 0.0 1.1 -0.9 -0.9 3.1 3.6 -1.0 -0.4 19

 20 Noncorporate 0.3 0.2 0.7 1.6 -1.6 -0.7 0.1 0.0 -0.1 0.1 20

 21 State and local governments 0.0 -0.5 -0.7 -0.2 1.7 -0.0 -0.1 0.1 0.9 1.3 21

 22 Federal government -0.3 -0.3 0.1 0.3 0.7 1.0 -0.0 1.0 -0.4 0.5 22

 23 Rest of the world -0.2 0.2 0.3 -0.1 0.1 -0.0 1.0 0.1 0.3 1.0 23

 24 Checkable deposits -0.2 0.2 0.3 -0.1 0.1 -0.0 1.0 0.1 0.3 1.0 24

 25 Currency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Financial sectors 0.2 -0.0 0.1 0.2 0.2 0.1 0.5 0.3 -0.1 0.1 26

 27 Property-casualty insurance companies 0.0 -0.1 -0.0 0.1 -0.0 -0.0 0.0 0.1 -0.0 -0.0 27

 28 Life insurance companies 0.0 0.0 0.0 0.1 -0.1 0.0 0.1 0.1 0.0 0.0 28

 29 Private pension funds 0.1 0.0 0.1 0.0 0.0 0.0 0.1 0.0 0.1 0.1 29

 30 State and local govt. retirement funds -0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 -0.0 30

 31 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Government-sponsored enterprises 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 -0.0 32

 33 Finance companies 0.1 0.0 0.0 0.0 0.2 0.1 0.1 0.1 -0.1 -0.0 33

 34 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 34

 35 Brokers and dealers -0.0 0.0 0.0 0.0 0.0 0.0 0.1 -0.0 0.0 0.0 35

 36 Mail float 0.2 0.8 -0.3 0.2 -0.6 0.4 1.7 0.8 1.0 0.1 36
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40 Historical Annuals, 1955-1964,

F.205 Time and Savings Deposits

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in liabilities 8.5 9.4 12.3 16.9 9.1 15.3 20.7 28.6 29.5 30.4 1

 2 Small time and savings deposits 8.8 9.6 12.1 14.3 10.8 11.7 18.3 25.8 25.6 25.7 2

 3 U.S.-chartered depository institutions 8.4 9.2 11.6 13.8 10.2 11.2 17.6 25.1 24.8 24.6 3

 4 Foreign banking offices in U.S. -0.0 0.0 -0.0 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Credit unions 0.4 0.5 0.5 0.5 0.6 0.5 0.7 0.7 0.8 1.1 6

 7 Large time deposits (1) -0.3 -0.2 0.2 2.6 -1.7 3.6 2.4 2.8 3.9 4.8 7

 8 U.S.-chartered depository institutions -0.3 -0.3 0.3 2.6 -1.8 3.5 2.4 2.8 3.9 4.7 8

 9 Foreign banking offices in U.S. -0.0 0.1 -0.1 -0.0 0.0 0.0 0.0 0.0 0.1 0.0 9

 10 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Net change in assets 8.5 9.4 12.3 16.9 9.1 15.3 20.7 28.6 29.5 30.4 12

 13 Household sector 8.6 9.4 11.9 14.1 10.5 11.9 18.4 26.0 26.1 26.1 13

 14 Nonfinancial business -0.1 0.0 0.0 0.9 -0.4 1.5 1.1 0.9 0.7 1.0 14

 15 Corporate -0.1 0.0 0.0 0.9 -0.4 1.5 1.1 0.9 0.7 1.0 15

 16 Noncorporate 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 State and local governments -0.1 0.0 0.4 0.8 -0.4 1.4 0.9 1.0 1.6 1.7 17

 18 Federal government -0.0 -0.0 -0.0 0.0 -0.0 -0.0 0.0 -0.0 -0.0 0.0 18

 19 Rest of the world -0.1 -0.1 -0.1 0.9 -0.8 0.3 0.1 0.5 0.9 1.3 19

 20 Financial sectors 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 0.3 20

 21 Private pension funds 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.4 21

 22 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Finance companies 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 -0.0 -0.0 25

 26 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

(1) Large time deposits are those issued in amounts of $100,000 or more.

F.206 Money Market Mutual Fund Shares

Billions of dollars

 1 Net issues 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Net purchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Household sector 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Private pension funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12
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Historical Annuals, 1955-1964, 41

F.207 Federal Funds and Security Repurchase Agreements

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in liabilities -0.4 0.1 -0.0 -0.1 0.2 -0.2 -0.0 0.1 -0.5 0.3 1

 2 Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Private depository institutions (net) -0.2 -0.0 -0.1 0.1 0.2 -0.2 0.3 0.0 -0.0 0.5 3

 4 U.S.-chartered depository institutions (net) -0.2 -0.0 -0.1 0.1 0.2 -0.2 0.3 0.0 -0.0 0.5 4

 5 Foreign banking offices in U.S. (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Credit unions (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Brokers and dealers (net) -0.2 0.1 0.1 -0.2 -0.0 0.0 -0.3 0.0 -0.4 -0.3 10

 11 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Net change in assets 1.0 0.5 0.8 -0.9 -0.8 -0.3 -0.1 0.9 -1.5 -0.1 12

 13 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 13

 14 State and local governments 0.5 0.6 0.5 -0.4 -0.8 -0.8 0.1 0.5 -1.2 -1.0 14

 15 Rest of the world (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Monetary authority 0.4 -0.1 0.2 -0.4 -0.0 0.3 -0.3 0.2 -0.3 0.5 16

 17 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Private pension funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.1 19

 20 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Mutual funds 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 22

 23 Government-sponsored enterprises (net) 0.0 -0.0 0.0 -0.0 0.0 0.0 -0.0 0.0 0.0 0.0 23

 24 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Discrepancy--unallocated assets -1.4 -0.5 -0.8 0.7 1.0 0.1 0.1 -0.9 1.0 0.4 26
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42 Historical Annuals, 1955-1964,

F.208 Open Market Paper

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total net issues, all types -0.2 0.5 0.8 -0.0 0.3 2.2 0.9 1.3 1.0 2.2 1

 2 Commercial paper 0.1 0.1 0.5 0.1 0.4 1.3 0.2 1.3 0.8 1.7 2

 3 Nonfinancial corporate business -0.2 0.0 0.0 0.2 -0.3 0.5 0.3 0.1 -0.2 0.2 3

 4 Foreign issues in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Nonfinancial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Financial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Financial sectors 0.2 0.1 0.5 -0.1 0.7 0.8 -0.1 1.2 1.0 1.5 7

 8 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Finance companies 0.2 0.1 0.5 -0.1 0.7 0.8 -0.1 1.2 1.0 1.5 10

 11 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Bankers’ acceptances (1) -0.2 0.3 0.3 -0.1 -0.0 0.9 0.7 -0.0 0.2 0.5 14

 15 U.S.-chartered depository institutions -0.2 0.3 0.3 -0.1 -0.0 0.7 0.5 -0.0 0.2 0.4 15

 16 Foreign banking offices in U.S. -0.0 0.1 0.1 -0.0 -0.0 0.2 0.1 -0.0 0.0 0.1 16

 17 Net purchases, by sector -0.2 0.5 0.8 -0.0 0.3 2.2 0.9 1.3 1.0 2.2 17

 18 Household sector 0.3 0.1 0.3 0.1 -0.2 0.9 -0.4 0.8 1.2 1.0 18

 19 Nonfinancial corporate business -0.1 0.1 0.1 -0.2 0.5 0.0 0.3 0.2 -0.3 0.7 19

 20 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Rest of the world -0.1 0.2 0.3 -0.1 -0.1 0.5 0.1 0.0 0.1 0.2 21

 22 Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 22

 23 U.S.-chartered depository institutions (1) -0.3 0.0 0.1 0.2 -0.2 0.4 0.9 -0.2 0.0 0.5 23

 24 Foreign banking offices in U.S. (1) -0.0 0.0 -0.0 0.0 0.0 0.0 0.1 -0.0 0.0 0.0 24

 25 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Life insurance companies 0.0 0.0 0.0 0.0 0.1 0.2 -0.1 0.2 0.0 -0.1 27

 28 Private pension funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Mutual funds 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 31

 32 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Funding corporations 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 34

(1) Excludes banks’ holdings of own acceptances.
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Historical Annuals, 1955-1964, 43

F.209 Treasury Securities

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net issues -0.1 -5.6 -2.7 8.8 7.3 -2.2 6.7 6.1 3.9 5.2 1

 2 Savings bonds 0.3 -0.1 -1.9 -0.5 -1.8 -0.3 0.8 0.5 1.2 0.9 2

 3 Treasury bills -9.9 6.1 17.2 4.7 -6.8 -1.4 -8.9 22.0 -8.5 -6.0 3

 4 Other Treasury securities 9.6 -11.7 -18.0 4.7 15.9 -0.5 14.8 -16.5 11.2 10.3 4

 5 Net purchases -0.1 -5.6 -2.7 8.8 7.3 -2.2 6.7 6.1 3.9 5.2 5

 6 Household sector 2.8 1.4 1.3 -2.9 3.0 0.6 -0.3 1.8 -0.8 0.7 6

 7 Savings bonds 0.3 -0.1 -1.9 -0.5 -1.8 -0.3 0.8 0.5 1.2 0.9 7

 8 Bills and other Treasury securities 2.5 1.5 3.2 -2.3 4.8 0.9 -1.1 1.3 -2.0 -0.2 8

 9 Nonfinancial corporate business 3.8 -4.6 -1.1 0.5 5.5 -5.9 -1.7 -1.8 2.8 -0.6 9

 10 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 State and local governments 1.1 1.1 -0.3 -0.0 1.2 0.9 0.3 1.2 1.2 1.0 11

 12 Rest of the world 0.3 0.3 -0.2 0.1 4.3 0.3 0.4 1.3 0.7 0.3 12

 13 Treasury bills 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Other Treasury securities 0.3 0.3 -0.2 0.1 4.3 0.3 0.4 1.3 0.7 0.3 14

 15 Monetary authority -0.5 0.2 -0.9 2.5 0.4 0.4 1.7 1.8 3.1 2.9 15

 16 Treasury bills -8.6 5.2 8.3 -0.0 -7.8 -1.2 -7.1 10.8 -4.4 -5.2 16

 17 Other Treasury securities 8.1 -5.0 -9.2 2.6 8.1 1.5 8.8 -9.0 7.5 8.1 17

 18 U.S.-chartered depository institutions -7.3 -3.1 -0.7 8.1 -7.8 1.2 6.1 0.2 -2.5 0.2 18

 19 Foreign banking offices in U.S. -0.0 0.1 -0.0 0.0 0.0 -0.0 0.0 -0.0 -0.1 0.0 19

 20 Banks in U.S.-affiliated areas -0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 -0.0 20

 21 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Property-casualty insurance companies -0.1 -0.3 -0.2 -0.0 0.2 -0.2 -0.1 0.1 0.2 0.0 22

 23 Treasury bills 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Other Treasury securities -0.1 -0.3 -0.2 -0.0 0.2 -0.2 -0.1 0.1 0.2 0.0 24

 25 Life insurance companies -0.5 -1.0 -0.5 0.2 -0.3 -0.4 -0.3 0.0 -0.4 -0.2 25

 26 Treasury bills 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Other Treasury securities -0.5 -1.0 -0.5 0.2 -0.3 -0.4 -0.3 0.0 -0.4 -0.2 27

 28 Private pension funds 0.3 -0.2 -0.3 -0.0 0.2 -0.2 0.0 0.2 0.1 0.0 28

 29 State and local govt. retirement funds 0.3 0.3 0.1 -0.0 0.4 0.2 0.1 0.3 0.4 0.5 29

 30 Federal government retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Treasury bills 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Other Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Mutual funds 0.1 0.0 0.0 0.1 0.2 0.1 0.1 0.0 -0.0 0.0 34

 35 Closed-end funds 0.0 0.0 0.0 0.0 0.1 0.1 -0.0 -0.0 0.1 0.0 35

 36 Exchange-traded funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Government-sponsored enterprises 0.1 0.3 -0.1 0.1 0.1 0.1 -0.1 0.4 0.4 -0.5 37

 38 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

 39 Brokers and dealers -0.4 -0.0 0.2 0.2 -0.2 0.6 0.3 0.7 -1.3 0.7 39

 40 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 Memo:

 41 Federal government borrowing (1) -0.8 -5.9 -2.2 9.2 6.9 -2.0 7.2 6.9 3.8 6.1 41

(1) Total issues of Treasury securities (line 1) plus budget agency securities (table F.210, line 2) and federal mortgage borrowing (table F.217, line 11).
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44 Historical Annuals, 1955-1964,

F.210 Agency- and GSE-Backed Securities (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net issues 0.3 0.2 1.7 0.0 1.6 0.5 1.0 2.2 1.5 1.4 1

 2 Budget agencies -0.7 -0.3 0.3 -0.1 -0.6 -0.3 0.3 0.5 -0.2 0.9 2

 3 Government-sponsored enterprises 0.9 0.4 1.4 0.1 2.2 0.7 0.6 1.5 1.5 0.4 3

 4 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 -0.0 0.1 0.1 0.1 0.1 4

 5 Net purchases 0.3 0.2 1.7 0.0 1.6 0.5 1.0 2.2 1.5 1.4 5

 6 Household sector 0.5 0.4 0.5 -0.6 1.4 -1.2 -0.4 -0.4 -0.2 0.2 6

 7 Nonfinancial corporate business 0.3 0.1 0.4 -0.2 0.6 -0.1 0.1 0.0 0.3 -0.6 7

 8 State and local governments 0.0 0.1 -0.0 -0.1 -0.1 0.5 0.5 0.3 0.5 0.5 8

 9 Federal government 0.0 -0.0 0.0 -0.0 -0.0 0.0 -0.0 -0.0 0.0 -0.0 9

 10 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.3 0.3 10

 11 Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 U.S.-chartered depository institutions -0.6 -0.3 0.8 0.9 -0.6 1.0 0.7 1.5 0.4 0.6 12

 13 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.2 -0.0 0.1 16

 17 Life insurance companies 0.0 0.0 0.0 0.1 0.0 0.0 0.0 -0.0 0.0 -0.0 17

 18 Private pension funds 0.0 0.0 0.1 0.0 0.1 0.1 0.0 0.0 0.0 0.1 18

 19 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 -0.0 0.0 19

 20 Federal government retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

(1) Agency- and GSE-backed securities include: issues of federal budget agencies (line 2) such as those for the TVA; issues of government-sponsored enterprises (line 3) such as Fannie Mae and FHLB;

 and agency- and GSE-backed mortgage pool securities issued by GNMA, Fannie Mae, Freddie Mac, and the Farmers Home Administration (line 4). Only the budget agency issues are considered

 officially to be part of the total borrowing of the federal government, which is shown in table F.209, line 41.
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Historical Annuals, 1955-1964, 45

F.211 Municipal Securities and Loans

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in liabilities 5.0 4.2 4.5 5.5 5.8 5.3 5.4 5.5 5.2 6.1 1

 2 State and local governments 5.0 4.2 4.5 5.5 5.8 5.3 5.4 5.5 5.2 6.1 2

 3 Short-term (1) 0.0 0.1 0.2 0.4 0.4 0.3 0.2 -0.0 0.4 0.8 3

 4 Long-term 5.0 4.1 4.3 5.0 5.4 5.0 5.1 5.5 4.8 5.4 4

 5 Nonprofit organizations (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 Nonfinancial corporate business

 6 (industrial revenue bonds) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Net change in assets 5.0 4.2 4.5 5.5 5.8 5.3 5.4 5.5 5.2 6.1 7

 8 Household sector 3.2 2.7 2.0 0.8 3.7 2.6 1.5 -0.4 0.0 2.8 8

 9 Nonfinancial corporate business 0.2 0.1 0.1 0.5 -0.2 0.6 0.0 0.3 1.1 -0.1 9

 10 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 State and local governments 0.0 0.0 0.1 0.1 -0.0 0.0 0.0 -0.2 -0.2 -0.1 11

 12 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 U.S.-chartered depository institutions 0.2 0.2 1.0 2.6 0.4 0.6 2.8 5.0 4.4 3.5 13

 14 Foreign banking offices in U.S. 0.1 -0.1 -0.0 -0.0 0.0 -0.0 0.0 0.1 -0.1 0.0 14

 15 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.0 0.0 15

 16 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Property-casualty insurance companies 0.8 0.7 0.7 0.7 1.0 0.8 1.0 0.8 0.7 0.4 17

 18 Life insurance companies 0.2 0.2 0.1 0.3 0.5 0.4 0.3 0.1 -0.2 -0.1 18

 19 State and local govt. retirement funds 0.3 0.4 0.4 0.4 0.3 0.2 -0.1 -0.5 -0.5 -0.4 19

 20 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Closed-end funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Exchange-traded funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Brokers and dealers 0.0 -0.2 0.1 0.0 0.1 0.1 -0.1 0.2 -0.0 0.2 25

(1) Debt with original maturity of 13 months or less.

(2) Liability of the households and nonprofit organizations sector (tables F.100 and L.100).
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46 Historical Annuals, 1955-1964,

F.212 Corporate and Foreign Bonds

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net issues 3.2 5.1 7.7 6.4 4.5 7.2 5.6 5.4 6.3 7.6 1

 2 Nonfinancial corporate business 3.0 3.5 6.0 5.6 3.1 3.4 4.4 4.0 3.8 4.0 2

 3 Rest of the world (1) -0.2 0.3 0.4 0.9 0.5 0.6 0.4 1.0 1.0 0.5 3

 4 Financial sectors 0.4 1.3 1.2 -0.1 1.0 3.2 0.7 0.3 1.6 3.1 4

 5 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.5 5

 6 ABS issuers (net) (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Finance companies 0.4 1.3 1.2 -0.1 1.0 3.2 0.7 0.3 1.3 2.6 7

 8 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Net purchases (3) 3.2 5.1 7.7 6.4 4.5 7.2 5.6 5.4 6.3 7.6 12

 13 Household sector 0.1 1.1 1.1 0.7 0.3 2.4 0.2 -0.6 -0.1 0.1 13

 14 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Rest of the world (4) 0.1 0.1 0.1 0.1 -0.1 0.1 0.0 0.0 0.1 0.2 16

 17 MBS and other ABS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Other 0.1 0.1 0.1 0.1 -0.1 0.1 0.0 0.0 0.1 0.2 18

 19 U.S.-chartered depository institutions -0.6 -0.3 0.7 0.5 -0.3 -0.0 -0.4 -0.1 -0.6 0.3 19

 20 MBS and other ABS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Other -0.6 -0.3 0.7 0.5 -0.3 -0.0 -0.4 -0.1 -0.6 0.3 21

 22 Foreign banking offices in U.S. 0.1 -0.1 -0.0 -0.0 0.0 -0.0 0.0 0.1 -0.1 0.0 22

 23 Banks in U.S.-affiliated areas 0.0 0.0 -0.0 0.0 -0.0 -0.0 -0.0 0.0 0.0 -0.0 23

 24 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 MBS and other ABS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Property-casualty insurance companies 0.0 0.0 0.2 0.1 0.1 0.1 0.0 0.3 -0.0 0.3 27

 28 MBS and other ABS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Other 0.0 0.0 0.2 0.1 0.1 0.1 0.0 0.3 -0.0 0.3 29

 30 Life insurance companies 1.7 2.2 2.7 2.4 2.1 1.7 2.5 2.5 2.8 2.3 30

 31 MBS and other ABS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Other 1.7 2.2 2.7 2.4 2.1 1.7 2.5 2.5 2.8 2.3 32

 33 Private pension funds 0.9 1.6 1.9 1.5 1.2 1.6 1.2 1.2 1.5 1.6 33

 34 State and local govt. retirement funds 0.6 0.5 0.9 1.1 0.9 1.1 1.7 1.8 2.1 2.2 34

 35 Federal government retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

 36 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Mutual funds 0.0 0.2 0.1 0.2 0.2 0.2 0.3 0.0 0.2 0.4 37

 38 Closed-end funds 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.3 0.2 38

 39 Exchange-traded funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 39

 40 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 41 MBS and other ABS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

 42 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 42

 43 Finance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 43

 44 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 44

 45 Brokers and dealers 0.2 -0.2 0.1 -0.3 0.1 -0.0 -0.1 0.1 0.2 -0.1 45

 46 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 46

 47 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 47

(1) Net purchases of foreign issues by U.S. residents.

(2) Net issuance less net acquisition of corporate bonds held as assets.

(3) For some sectors, purchases of MBS and other ABS are shown separately. MBS and other ABS include privately issued mortgage-backed securities and other privately

 issued asset-backed bonds.

(4) Net purchases of U.S. issues by foreign residents.
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Historical Annuals, 1955-1964, 47

F.213 Corporate Equities (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net issues 1.9 2.7 3.3 0.9 2.3 2.5 1.5 0.7 0.8 1.4 1

 2 Nonfinancial corporate business 1.7 2.3 2.4 2.0 2.1 1.4 2.1 0.4 -0.3 1.1 2

 3 Rest of the world (2) 0.4 -0.2 -0.4 -0.6 -0.3 0.1 0.3 -0.0 0.1 0.2 3

 4 Financial sectors -0.2 0.6 1.3 -0.4 0.5 1.1 -0.9 0.3 1.0 0.0 4

 5 U.S.-chartered depository institutions -0.1 0.3 0.3 0.1 0.1 0.1 0.2 0.1 0.0 0.0 5

 6 Property-casualty insurance companies 0.1 0.1 0.1 0.1 0.1 0.1 0.3 0.1 0.3 0.1 6

 7 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Closed-end funds -0.2 0.3 1.0 -0.6 0.2 0.9 -1.4 0.1 0.7 -0.2 8

 9 Exchange-traded funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Funding corporations (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Net purchases 1.9 2.7 3.3 0.9 2.3 2.5 1.5 0.7 0.8 1.4 15

 16 Household sector -0.0 -0.2 -0.9 -1.9 -3.2 -3.8 -4.3 -6.6 -7.2 -7.0 16

 17 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Rest of the world (4) 0.1 0.3 0.1 -0.1 0.4 0.2 0.3 0.1 0.2 -0.3 19

 20 Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 U.S.-chartered depository institutions 0.1 0.1 0.1 0.1 -0.0 0.0 0.1 0.1 0.1 0.1 21

 22 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Property-casualty insurance companies 0.2 0.1 0.1 0.1 0.3 0.3 0.3 0.2 0.2 0.1 23

 24 Life insurance companies 0.1 -0.0 0.0 0.1 0.2 0.4 0.5 0.4 0.3 0.5 24

 25 Private pension funds 1.4 1.8 2.1 2.7 3.5 4.0 5.1 5.0 5.8 6.9 25

 26 State and local govt. retirement funds 0.0 0.0 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 26

 27 Federal government retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

 28 Mutual funds 0.4 0.5 0.7 1.1 1.0 0.8 1.3 0.9 0.8 0.8 28

 29 Closed-end funds -0.3 0.2 0.9 -0.8 0.1 0.6 -1.4 0.1 0.3 -0.4 29

 30 Exchange-traded funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Brokers and dealers -0.0 -0.2 0.2 -0.5 0.1 -0.0 -0.4 0.0 0.2 0.4 31

 32 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

(1) Excludes mutual fund shares shown on table F.214.

(2) Net purchases of foreign issues by U.S. residents; includes American Depositary Receipts (ADRs).

(3) Preferred shares issued by AIG to the federal goverment under the TARP program and the monetary authority sector’s preferred interest in AIA Aurora LLC and ALICO Holdings LLC.

(4) Net purchases of U.S. issues by foreign residents.

F.214 Mutual Fund Shares (1)

Billions of dollars

 1 Net issues 0.6 0.8 0.8 1.4 1.4 1.0 1.7 1.3 1.0 1.2 1

 2 Net purchases 0.6 0.8 0.8 1.4 1.4 1.0 1.7 1.3 1.0 1.2 2

 3 Household sector 0.6 0.8 0.8 1.4 1.4 1.0 1.7 0.9 1.0 0.9 3

 4 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.0 0.0 4

 5 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.1 10

 11 Private pension funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 -0.0 0.1 11

 12 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

(1) Shares of open-end investment companies; excludes shares of money market mutual funds, exchange-traded funds, and funding vehicles for variable annuities.
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48 Historical Annuals, 1955-1964,

F.215 Depository Institution Loans Not Elsewhere Classified (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in liabilities 7.3 5.7 2.0 0.8 6.8 3.0 2.6 6.3 7.0 8.4 1

 2 Household sector 1.1 -0.6 0.5 -0.4 0.1 1.0 1.3 0.4 0.5 1.8 2

 3 Corporate business 4.0 5.0 1.1 -0.3 3.6 1.9 0.4 3.8 3.3 4.4 3

 4 Noncorporate business 1.1 0.5 0.5 0.6 1.1 0.5 0.6 1.1 1.2 0.7 4

 5 Rest of the world 0.2 0.4 0.3 0.5 0.2 0.1 0.7 0.4 0.6 1.5 5

 6 Foreign official institutions 0.0 0.1 0.2 0.2 -0.0 -0.0 0.1 0.0 -0.1 0.0 6

 7 Foreign banks 0.0 0.1 -0.0 0.1 0.1 0.0 0.2 0.2 0.2 0.5 7

 8 Other foreign 0.2 0.2 0.1 0.2 0.2 0.1 0.4 0.1 0.6 1.0 8

 9 Financial sectors 0.9 0.3 -0.3 0.5 1.8 -0.6 -0.3 0.6 1.4 -0.0 9

 10 Finance companies 0.9 0.3 -0.3 0.5 1.8 -0.6 -0.3 0.6 1.4 -0.0 10

 11 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Net change in assets 7.3 5.7 2.0 0.8 6.8 3.0 2.6 6.3 7.0 8.4 15

 16 Monetary authority (2) -0.1 0.0 -0.0 0.0 -0.0 0.0 0.0 -0.0 0.0 -0.0 16

 17 U.S.-chartered depository institutions 7.6 5.6 2.2 0.8 6.8 2.9 2.3 6.4 6.9 8.3 17

 18 Foreign banking offices in U.S. -0.1 0.0 -0.1 0.1 0.1 0.1 0.3 -0.0 0.1 0.1 18

 19 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

(1) Excludes depository institution lending in the form of open market paper, mortgages, consumer credit, and security credit which are shown on other instrument tables.

(2) Loans from Federal Reserve banks to households, rest of the world, broker and dealers, and funding corporations. See loan details on table F.108.
Flo

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Historical Annuals, 1955-1964, 49

F.216 Other Loans and Advances

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total other loans and advances 1.5 1.3 2.2 1.7 3.5 4.2 3.5 3.6 5.7 6.3 1

 2 U.S. government loans 0.5 0.6 0.3 1.1 0.5 0.8 1.2 1.9 1.9 2.9 2

 3 Liab.: Household sector 0.0 0.0 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 3

 4 Nonfinancial corporate business -0.0 0.0 0.1 0.0 0.0 0.1 0.1 0.2 0.1 0.2 4

 5 Nonfinancial noncorporate business 0.4 0.2 -0.0 0.1 0.0 -0.0 0.1 0.2 0.3 0.4 5

 6 State and local governments 0.0 0.1 0.2 0.2 0.2 0.2 0.2 0.5 0.2 0.3 6

 7 Rest of the world -0.0 0.0 0.3 0.6 -0.0 0.4 0.5 0.7 1.2 1.6 7

 8 Government-sponsored enterprises 0.1 0.3 -0.3 -0.0 0.1 -0.1 0.1 -0.0 -0.1 0.1 8

 9 Finance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Foreign loans to U.S. corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Liab.: Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 Customers’ liability on acceptances outstanding

 13 Asset: U.S.-chartered depository institutions -0.2 0.3 0.3 -0.1 -0.0 0.7 0.5 -0.0 0.2 0.4 13

 14 Foreign banking offices in U.S. -0.0 0.1 0.1 -0.0 -0.0 0.2 0.1 -0.0 0.0 0.1 14

 15 Liab.: Nonfinancial corporate business -0.3 0.2 0.1 -0.0 0.0 0.2 0.1 0.0 -0.2 0.1 15

 16 Rest of the world 0.0 0.2 0.2 -0.1 -0.1 0.6 0.6 -0.0 0.5 0.4 16

 17 Holding company loans 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Liab.: Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Policy loans (Household liability) 0.2 0.3 0.4 0.4 0.5 0.7 0.6 0.5 0.5 0.5 20

 21 Asset: Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 21

 22 Life insurance companies 0.2 0.2 0.4 0.3 0.4 0.6 0.5 0.5 0.4 0.5 22

 23 Govt.-sponsored enterprises loans (1) 0.6 -0.0 0.2 0.3 1.2 -0.0 0.9 1.0 1.7 0.8 23

 24 Liab.: Household sector (SLMA) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Nonfinancial corporate business (FCS) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Nonfinancial noncorporate business (FCS) 0.0 0.1 0.2 0.3 0.3 0.1 0.2 0.2 0.4 0.3 26

 27 U.S.-chartered dep. inst. (FHLB & SLMA) 0.6 -0.2 0.0 0.0 0.8 -0.2 0.7 0.8 1.3 0.5 27

 28 Credit unions (FHLB) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Life insurance companies (FHLB) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Securitized loans held by ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Liab.: Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Finance company loans to business 0.5 0.1 1.0 0.0 1.4 1.9 0.2 0.2 1.4 1.6 32

 33 Liab.: Nonfinancial corporate business 0.5 0.1 0.9 0.0 1.3 1.7 0.2 0.2 1.3 1.4 33

 34 Nonfinancial noncorporate business 0.1 0.0 0.1 0.0 0.1 0.2 0.0 0.0 0.1 0.2 34

 35 Loans to nonfinancial corporate business (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

 36 Asset: Household sector 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37

 38 Mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

 39 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 39

 40 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 41 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

(1) The Student Loan Marketing Association (Sallie Mae) was included until it was fully privatized in 2004:Q4.

(2) Syndicated loans from domestic entities, excluding depository institutions and finance companies which are included elsewhere.
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50 Historical Annuals, 1955-1964,

F.217 Total Mortgages

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in mortgages 16.2 14.6 12.2 15.4 19.2 17.3 20.6 23.5 26.8 27.8 1

 2 Home 12.6 10.8 8.6 9.8 13.0 11.3 12.7 14.3 16.8 17.2 2

 3 Multifamily residential 0.8 0.6 0.5 2.0 2.1 2.1 2.8 3.1 3.3 4.6 3

 4 Commercial 2.1 2.4 2.5 3.0 3.1 3.2 4.0 4.8 5.1 3.9 4

 5 Farm 0.8 0.8 0.6 0.7 1.0 0.7 1.1 1.3 1.6 2.1 5

 6 Net borrowing 16.2 14.6 12.2 15.4 19.2 17.3 20.6 23.5 26.8 27.8 6

 7 Household sector 12.3 11.5 9.0 10.4 13.5 12.1 13.2 14.9 17.4 17.8 7

 8 Nonfinancial business 3.9 3.1 3.1 4.6 5.4 4.8 7.2 8.3 9.4 9.9 8

 9 Corporate 1.6 0.9 1.3 1.7 0.9 0.8 1.4 2.3 2.7 3.2 9

 10 Noncorporate 2.4 2.2 1.8 2.8 4.5 3.9 5.7 6.0 6.7 6.7 10

 11 Federal government 0.0 0.0 0.1 0.4 0.3 0.4 0.2 0.3 0.1 0.0 11

 12 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Net change in assets 16.2 14.6 12.2 15.4 19.2 17.3 20.6 23.5 26.8 27.8 13

 14 Household sector 1.3 1.6 2.0 2.6 2.1 2.8 3.3 2.2 1.5 1.6 14

 15 Nonfinancial corporate business 0.0 0.0 0.0 0.0 -0.1 0.0 0.0 0.0 0.0 0.0 15

 16 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 State and local governments 0.1 0.1 0.2 0.2 0.3 0.2 0.3 0.3 0.2 0.2 17

 18 Federal government 0.2 0.0 0.3 0.4 1.3 0.2 0.4 0.1 -0.4 -0.0 18

 19 U.S.-chartered depository institutions 10.0 8.3 6.3 9.6 11.7 9.6 12.2 16.6 20.4 19.5 19

 20 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.1 0.0 0.1 21

 22 Credit unions 0.1 0.1 -0.0 0.0 0.1 0.1 0.2 0.1 0.3 -0.0 22

 23 Property-casualty insurance companies 0.0 0.0 0.0 -0.0 -0.0 0.0 0.0 -0.0 -0.0 -0.0 23

 24 Life insurance companies 3.5 3.5 2.2 1.8 2.1 2.6 2.4 2.7 3.6 4.6 24

 25 Private pension funds 0.1 0.1 0.1 0.2 0.2 0.3 0.3 0.3 0.3 0.6 25

 26 State and local govt. retirement funds 0.1 0.1 0.1 0.2 0.3 0.5 0.4 0.3 0.4 0.5 26

 27 Government-sponsored enterprises (1) 0.3 0.8 1.2 -0.1 0.9 1.1 0.2 0.2 -0.5 0.4 27

 28 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 -0.0 0.1 0.1 0.1 0.1 28

 29 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Finance companies 0.5 -0.1 -0.3 0.5 0.2 -0.0 0.6 0.5 0.8 0.4 30

 31 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31
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Historical Annuals, 1955-1964, 51

F.218 Home Mortgages (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net borrowing 12.6 10.8 8.6 9.8 13.0 11.3 12.7 14.3 16.8 17.2 1

 2 Household sector 12.6 10.8 8.6 9.8 13.0 11.3 12.7 14.3 16.8 17.2 2

 3 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Net change in assets 12.6 10.8 8.6 9.8 13.0 11.3 12.7 14.3 16.8 17.2 5

 6 Household sector 0.1 0.3 0.6 0.4 -0.2 0.8 1.0 1.3 1.2 1.7 6

 7 Nonfinancial corporate business 0.0 0.0 0.0 0.0 -0.1 0.0 0.0 0.0 0.0 0.0 7

 8 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 State and local governments 0.0 0.1 0.2 0.2 0.2 0.2 0.2 0.1 0.0 0.0 9

 10 Federal government 0.2 -0.0 0.2 0.2 0.9 0.0 0.2 0.0 -0.4 -0.1 10

 11 U.S.-chartered depository institutions 9.0 7.4 5.5 7.7 9.7 7.7 9.3 11.4 14.4 13.7 11

 12 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Credit unions 0.1 0.1 -0.0 0.0 0.1 0.1 0.2 0.1 0.3 -0.0 14

 15 Life insurance companies 2.5 2.5 1.3 0.9 1.2 1.3 0.9 0.6 1.0 1.2 15

 16 Private pension funds 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 16

 17 State and local govt. retirement funds 0.0 0.0 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 17

 18 Government-sponsored enterprises 0.1 0.6 1.0 -0.3 0.7 0.9 -0.0 -0.0 -0.8 -0.1 18

 19 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Finance companies 0.5 -0.1 -0.3 0.4 0.2 -0.0 0.5 0.4 0.7 0.3 21

 22 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 Memo:

 23 Home equity loans included above (2) ND ND ND ND ND ND ND ND ND ND 23

 24 U.S.-chartered depository institutions ND ND ND ND ND ND ND ND ND ND 24

 25 Foreign banking offices in U.S. ND ND ND ND ND ND ND ND ND ND 25

 26 Credit unions ND ND ND ND ND ND ND ND ND ND 26

 27 ABS issuers ND ND ND ND ND ND ND ND ND ND 27

 28 Finance companies ND ND ND ND ND ND ND ND ND ND 28

(1) Mortgages on 1-4 family properties including mortages on farm houses.

(2) Loans made under home equity lines of credit and home equity loans secured by junior liens. Excludes home equity loans held by individuals.

F.219 Multifamily Residential Mortgages

Billions of dollars

 1 Net borrowing 0.8 0.6 0.5 2.0 2.1 2.1 2.8 3.1 3.3 4.6 1

 2 Nonfinancial corporate business 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.2 0.2 2

 3 Nonfinancial noncorporate business 0.8 0.5 0.4 1.4 1.7 1.6 2.5 2.7 3.1 4.3 3

 4 Federal government 0.0 0.0 0.1 0.4 0.3 0.4 0.2 0.3 0.1 0.0 4

 5 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Net change in assets 0.8 0.6 0.5 2.0 2.1 2.1 2.8 3.1 3.3 4.6 6

 7 Household sector 0.4 0.4 0.5 1.1 1.0 0.9 0.9 0.3 -0.0 -0.0 7

 8 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.2 0.2 10

 11 Federal government 0.1 0.0 0.0 0.1 0.3 0.1 0.1 0.0 -0.1 -0.0 11

 12 U.S.-chartered depository institutions 0.1 0.0 0.1 0.6 0.5 0.6 1.1 1.9 2.3 2.1 12

 13 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Life insurance companies 0.1 0.1 -0.1 -0.0 0.1 0.2 0.4 0.5 0.6 1.9 14

 15 Private pension funds 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.2 15

 16 State and local govt. retirement funds 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.2 16

 17 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 17

 18 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Finance companies 0.1 -0.0 -0.0 0.0 0.0 -0.0 0.1 0.1 0.1 0.1 20

 21 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21
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52 Historical Annuals, 1955-1964,

F.220 Commercial Mortgages

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net borrowing 2.1 2.4 2.5 3.0 3.1 3.2 4.0 4.8 5.1 3.9 1

 2 Household sector -0.2 0.7 0.4 0.6 0.5 0.8 0.5 0.6 0.6 0.6 2

 3 Nonfinancial corporate business 1.5 0.9 1.3 1.6 0.7 0.7 1.2 2.1 2.4 2.9 3

 4 Nonfinancial noncorporate business 0.8 0.9 0.8 0.7 1.8 1.7 2.2 2.1 2.1 0.4 4

 5 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Net change in assets 2.1 2.4 2.5 3.0 3.1 3.2 4.0 4.8 5.1 3.9 6

 7 Household sector 0.6 0.7 0.8 0.9 0.9 0.9 1.1 0.1 -0.2 -0.8 7

 8 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Federal government 0.0 0.0 0.0 -0.0 -0.0 -0.0 0.0 0.0 0.0 0.0 11

 12 U.S.-chartered depository institutions 0.8 0.9 0.7 1.2 1.4 1.2 1.7 3.1 3.4 3.4 12

 13 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Property-casualty insurance companies 0.0 0.0 0.0 -0.0 -0.0 0.0 0.0 -0.0 -0.0 -0.0 15

 16 Life insurance companies 0.6 0.8 0.9 0.8 0.6 0.9 1.0 1.4 1.7 1.0 16

 17 Private pension funds 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 17

 18 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.0 0.1 0.1 18

 19 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Finance companies 0.0 -0.0 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

F.221 Farm Mortgages (1)

Billions of dollars

 1 Net borrowing 0.8 0.8 0.6 0.7 1.0 0.7 1.1 1.3 1.6 2.1 1

 2 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 2

 3 Nonfinancial noncorporate business 0.7 0.8 0.5 0.7 0.9 0.7 1.0 1.2 1.5 2.0 3

 4 Net change in assets 0.8 0.8 0.6 0.7 1.0 0.7 1.1 1.3 1.6 2.1 4

 5 Household sector 0.2 0.3 0.2 0.3 0.4 0.2 0.3 0.4 0.5 0.8 5

 6 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 7

 8 Federal government -0.1 0.0 0.1 0.0 0.1 0.0 0.1 -0.0 0.0 0.0 8

 9 U.S.-chartered depository institutions 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.3 0.3 0.3 9

 10 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Life insurance companies 0.2 0.2 0.1 0.1 0.2 0.2 0.2 0.2 0.4 0.5 11

 12 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Government-sponsored enterprises 0.2 0.2 0.2 0.2 0.3 0.2 0.3 0.2 0.3 0.4 13

 14 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 -0.0 0.1 0.1 0.1 0.1 14

(1) Excludes mortgages on farm houses.
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Historical Annuals, 1955-1964, 53

F.222 Consumer Credit

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in liabilities (Households) 7.0 3.6 2.6 0.3 7.7 4.0 2.2 5.9 8.5 9.5 1

 2 Net change in assets 7.0 3.6 2.6 0.3 7.7 4.0 2.2 5.9 8.5 9.5 2

 3 Households (nonprofit organizations) (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Nonfinancial corporate business 0.7 0.4 0.0 0.2 1.3 -0.5 -0.0 0.8 1.0 0.9 4

 5 Nonfinancial noncorporate business 0.1 0.2 0.0 0.0 0.3 -0.2 -0.1 0.2 0.2 0.2 5

 6 Federal government (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 U.S.-chartered depository institutions 3.2 1.8 1.4 0.7 3.8 2.6 1.9 2.9 4.7 5.2 7

 8 Credit unions 0.2 0.3 0.5 0.2 0.5 0.6 0.2 0.5 0.4 0.9 8

 9 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Finance companies 2.8 0.9 0.7 -0.8 1.8 1.6 0.2 1.6 2.2 2.3 11

 Memo:

 12 Credit card loans (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Auto loans 3.7 1.0 1.0 -1.2 2.4 1.5 -0.5 2.3 2.9 3.0 13

 14 Student loans (4) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Other consumer credit (5) 3.3 2.6 1.6 1.5 5.3 2.6 2.7 3.6 5.6 6.5 15

(1) Student loans originated under the Federal Family Education Loan Program.

(2) Includes loans originated by the Department of Education under the Federal Direct Loan Program and Perkins Loans, as well as Federal Family Education Loan Program

 loans that the government purchased from depository institutions, finance companies, and nonprofit and educational institutions, and loans in default.

(3) Revolving credit that also includes overdraft plans on checking accounts and other loans without a fixed repayment schedule.

(4) Includes student loans held by nonprofit organizations (line 3), the federal government (line 6), depository institutions (part of lines 7 and 8), and

 finance companies (part of line 11). Data begin in 2006:Q1.

(5) Includes student loans before 2006:Q1.
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54 Historical Annuals, 1955-1964,

F.223 Trade Credit

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in trade payables 11.2 6.4 3.0 6.4 6.4 5.7 6.3 5.0 7.4 8.8 1

 2 Household sector 0.1 0.1 0.1 0.2 0.4 0.1 0.2 0.1 0.3 0.3 2

 3 Nonfinancial corporate business 9.1 4.1 1.6 4.3 5.3 2.9 5.3 3.0 7.4 7.0 3

 4 Nonfinancial noncorporate business 1.4 0.9 0.3 1.1 -0.4 0.6 -0.5 -0.1 -1.4 -0.6 4

 5 State and local governments 0.6 0.7 0.8 0.8 0.9 0.9 1.0 1.0 1.1 1.2 5

 6 Federal government -0.1 0.3 0.2 0.1 0.1 0.5 0.3 0.4 0.3 0.1 6

 7 Rest of the world 0.1 0.1 0.1 -0.0 0.1 0.8 0.1 0.5 -0.4 0.8 7

 8 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Net change in trade receivables 9.8 7.4 1.2 7.2 5.1 5.9 8.8 4.9 7.3 10.0 9

 10 Nonfinancial corporate business 9.6 5.7 1.6 6.4 5.5 4.9 7.9 4.5 6.3 8.5 10

 11 Nonfinancial noncorporate business -0.3 1.1 -0.7 1.0 -1.1 0.3 0.4 -0.4 -0.5 0.1 11

 12 State and local governments 0.5 0.3 0.1 0.3 0.4 0.3 0.3 0.3 0.5 0.5 12

 13 Federal government -0.2 0.1 -0.1 -0.5 -0.0 0.1 -0.0 0.2 0.5 0.2 13

 14 Rest of the world 0.0 0.1 0.1 -0.1 0.2 0.1 0.2 0.0 0.4 0.4 14

 15 Property-casualty insurance companies 0.1 0.1 0.2 0.1 0.2 0.2 0.1 0.2 0.1 0.2 15

 16 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Discrepancy 1.4 -1.0 1.8 -0.8 1.2 -0.2 -2.5 0.1 0.1 -1.2 17

F.224 Security Credit

Billions of dollars

 1 Net change in liabilities 1.0 -0.6 -0.3 1.7 0.1 0.4 2.2 0.6 2.7 -0.1 1

 2 Household sector 0.4 0.0 -0.3 0.9 -0.0 -0.1 1.0 -0.1 1.5 -0.5 2

 3 Rest of the world 0.0 -0.0 0.0 0.0 0.0 -0.0 0.0 -0.0 0.0 -0.0 3

 4 Brokers and dealers 0.5 -0.7 0.1 0.8 0.1 0.5 1.2 0.8 1.1 0.4 4

 5 Customer credit balances (HH) -0.1 -0.0 0.0 0.3 -0.2 0.2 0.1 -0.0 -0.0 -0.0 5

 6 From U.S.-chartered depository institutions 0.6 -0.8 -0.1 0.4 0.2 0.2 1.1 1.0 0.8 0.5 6

 7 From foreign banking offices in U.S. 0.1 0.1 0.1 0.0 0.0 0.1 0.0 -0.2 0.4 -0.0 7

 8 Net change in assets 1.0 -0.6 -0.3 1.7 0.1 0.4 2.2 0.6 2.7 -0.1 8

 9 Household sector -0.1 -0.0 0.0 0.3 -0.2 0.1 0.1 0.0 -0.0 -0.1 9

 10 Rest of the world -0.0 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 -0.0 0.0 10

 11 U.S.-chartered depository institutions 0.6 -0.8 -0.1 0.4 0.2 0.2 1.1 1.0 0.8 0.5 11

 12 Foreign banking offices in U.S. 0.1 0.1 0.1 0.0 0.0 0.1 0.0 -0.2 0.4 -0.0 12

 13 Brokers and dealers 0.4 0.0 -0.3 1.0 0.0 -0.1 1.1 -0.2 1.5 -0.5 13
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Historical Annuals, 1955-1964, 55

F.225 Life Insurance Reserves

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in liabilities 2.9 3.5 2.7 3.1 3.4 3.2 3.4 3.8 4.2 4.4 1

 2 Federal government -0.2 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 2

 3 Life insurance companies 3.1 3.2 2.7 3.0 3.3 3.2 3.4 3.6 4.1 4.3 3

 4 Net change in assets 2.9 3.5 2.7 3.1 3.4 3.2 3.4 3.8 4.2 4.4 4

 5 Households 2.9 3.5 2.7 3.1 3.4 3.2 3.4 3.8 4.2 4.4 5

 6 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

F.226 Pension Entitlements

Billions of dollars

 1 Net change in liabilities 16.9 18.5 22.6 21.8 24.7 23.7 23.9 23.5 26.7 31.1 1

 2 Life insurance companies (1) 1.3 1.2 1.6 1.5 2.0 1.3 1.4 1.4 1.7 2.0 2

 3 Private pension funds (2) 5.0 6.0 8.3 6.7 8.5 7.3 6.3 5.1 6.9 9.8 3

 4 State and local govt. retirement funds 2.7 3.0 3.3 3.7 3.8 4.2 4.7 4.9 5.3 5.7 4

 5 Federal government retirement funds (3) 7.8 8.4 9.4 9.9 10.3 10.8 11.5 12.2 12.8 13.6 5

 6 Net change in assets (Households) (4) 16.9 18.5 22.6 21.8 24.7 23.7 23.9 23.5 26.7 31.1 6

(1) Annuities, including those at IRAs.

(2) Includes unallocated insurance company contracts beginning 1985:Q4.

(3) Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and other federal government retirement funds.

(4) Excludes all individual retirement accounts (IRAs) (table F.226.i), except those at life insurance companies.

F.227 Taxes Payable by Businesses

Billions of dollars

 1 Net change in taxes payable by all 3.3 -1.5 -2.0 -2.5 1.8 -0.6 -0.4 1.6 1.0 0.7 1

 businesses

 2 Nonfinancial corporate business 3.7 -1.7 -2.1 -2.6 2.1 -1.6 0.6 1.1 1.4 0.5 2

 3 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 U.S.-chartered depository institutions -0.4 0.3 0.1 -0.0 -0.5 1.0 -0.9 0.5 -0.4 0.2 4

 5 Property-casualty insurance companies -0.1 -0.1 0.1 0.1 -0.0 -0.0 -0.0 0.0 -0.0 -0.1 5

 6 Life insurance companies 0.0 0.0 0.0 0.1 0.1 -0.0 -0.0 0.1 -0.0 0.1 6

 7 Finance companies 0.0 0.0 0.0 -0.1 0.1 0.0 -0.0 0.0 -0.0 -0.1 7

 8 Brokers and dealers 0.0 -0.0 0.0 0.0 0.0 -0.0 0.0 -0.0 0.0 0.0 8

 9 Net change in business taxes receivable 12.5 8.4 8.7 8.0 2.1 -1.5 0.5 0.5 1.8 0.3 9

 10 State and local governments 0.0 0.0 -0.0 0.1 -0.0 -0.0 0.1 0.0 0.1 0.0 10

 11 Federal government 12.5 8.4 8.8 7.9 2.1 -1.5 0.4 0.5 1.7 0.2 11

 12 Discrepancy -9.2 -9.9 -10.7 -10.5 -0.3 0.9 -0.9 1.1 -0.8 0.4 12

F.228 Proprietors’ Equity in Noncorporate Business

Billions of dollars

 1 Total household investment -1.1 0.0 0.4 2.9 -4.5 -1.3 -0.1 -0.3 1.4 1.5 1

 2 Nonfinancial noncorporate business -1.1 0.0 0.4 2.9 -4.5 -1.3 -0.1 -0.3 1.4 1.5 2

 3 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3
Flo

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56 Historical Annuals, 1955-1964,

F.229 Total Miscellaneous Financial Claims

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in liabilities 16.4 11.0 17.2 18.0 17.9 17.2 22.6 22.5 27.1 26.8 1

 2 Household sector 0.1 0.2 0.2 0.1 0.2 0.2 0.1 0.2 0.2 0.2 2

 3 Nonfinancial corporate business 0.9 0.2 0.6 0.8 0.5 0.6 1.3 0.8 1.3 1.5 3

 4 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Federal government 7.4 8.6 9.1 9.8 9.7 10.9 11.3 12.1 12.5 13.3 5

 6 Rest of the world 1.2 -0.6 3.5 2.4 2.3 3.5 3.2 3.3 4.7 4.6 6

 7 Monetary authority 0.1 -0.1 -0.1 0.2 0.3 -0.2 -0.1 0.1 -0.1 0.7 7

 8 U.S.-chartered depository institutions 0.9 0.3 0.6 1.0 1.1 -1.5 1.5 0.5 2.3 1.0 8

 9 Foreign banking offices in U.S. 0.0 -0.0 -0.1 0.1 -0.1 -0.2 -0.2 0.1 0.0 -0.5 9

 10 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 -0.0 10

 11 Credit unions 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 -0.0 -0.1 11

 12 Property-casualty insurance companies 0.7 0.8 1.0 0.9 1.1 0.9 0.8 0.7 1.1 1.3 12

 13 Life insurance companies 0.6 0.7 0.6 0.6 0.2 1.0 1.0 1.0 0.7 0.8 13

 14 Government-sponsored enterprises 0.0 0.3 0.1 0.3 -0.0 0.5 0.4 0.1 -0.0 0.1 14

 15 Finance companies 2.8 -1.1 -0.1 -0.1 0.5 -0.9 0.7 1.0 1.7 0.7 15

 16 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Brokers and dealers 0.0 -0.0 -0.0 -0.0 -0.0 0.0 -0.0 -0.0 -0.0 0.5 17

 18 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Funding corporations 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 19

 20 Net change in assets 16.6 19.2 20.8 19.3 20.1 19.3 18.8 18.5 22.5 23.4 20

 21 Household sector 0.5 0.4 0.4 0.3 0.6 0.5 0.6 0.6 0.6 1.0 21

 22 Nonfinancial corporate business 2.0 3.5 3.3 2.4 3.1 3.2 2.4 3.4 4.7 4.7 22

 23 Nonfinancial noncorporate business 0.3 0.2 0.2 0.2 0.3 0.2 0.2 0.2 0.4 0.4 23

 24 State and local governments 0.2 0.1 0.0 -0.1 0.0 0.1 -0.0 -0.1 -0.1 -0.0 24

 25 Federal government 0.3 0.6 0.7 0.3 0.0 0.7 0.4 0.4 0.5 0.0 25

 26 Rest of the world 1.1 1.1 0.6 0.3 -0.4 -0.1 0.3 -0.5 0.0 -0.3 26

 27 Monetary authority 0.0 0.1 -0.0 -0.1 0.1 -0.0 -0.0 0.2 -0.0 0.0 27

 28 U.S.-chartered depository institutions 0.1 0.3 0.3 0.8 0.5 0.2 0.9 1.1 1.1 0.3 28

 29 Foreign banking offices in U.S. -0.1 0.3 0.1 0.2 -0.0 0.1 -0.4 0.1 0.0 0.2 29

 30 Banks in U.S.-affiliated areas 0.0 0.0 0.1 0.0 0.0 0.0 0.1 0.0 0.1 0.1 30

 31 Credit unions -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 31

 32 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Life insurance companies 0.2 0.3 0.3 0.2 0.4 0.3 0.3 0.3 0.4 0.3 33

 34 Private pension funds 2.1 2.4 4.2 2.2 3.0 1.3 -0.7 -2.3 -1.3 -0.1 34

 35 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

 36 Federal government retirement funds 7.8 8.4 9.4 9.9 10.3 10.8 11.5 12.2 12.8 13.6 36

 37 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37

 38 Mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

 39 Government-sponsored enterprises -0.0 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 39

 40 Finance companies 0.5 -0.1 -0.3 0.5 0.2 -0.1 0.6 0.4 0.8 0.4 40

 41 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

 42 Brokers and dealers 0.2 0.0 -0.1 0.2 0.0 -0.0 0.1 0.0 0.0 0.0 42

 43 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 43

 44 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 44

 45 Discrepancy -0.2 -8.2 -3.7 -1.3 -2.2 -2.1 3.8 4.0 4.6 3.4 45
Flo

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Historical Annuals, 1955-1964, 57

F.230 Identified Miscellaneous Financial Claims - Part I

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 U.S. direct investment abroad (1):

 1 Liab.: Rest of the world 0.8 2.0 2.4 1.2 1.4 2.9 2.7 2.9 3.5 3.8 1

 2 Equity 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Reinvested earnings 0.8 2.0 2.4 1.2 1.4 2.9 2.7 2.9 3.5 3.8 3

 4 Intercompany accounts 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Asset: Nonfinancial corporate business 0.7 1.9 2.3 1.1 1.3 2.8 2.5 2.7 3.3 3.6 5

 6 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Finance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 9

 10 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 10

 Foreign direct investment in U.S. (1):

 11 Liab.: Nonfinancial corporate business 0.1 0.2 0.1 0.1 0.2 0.2 0.3 0.3 0.2 0.3 11

 12 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Finance companies 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Brokers and dealers 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 -0.0 0.0 17

 18 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Asset: Rest of the world 0.2 0.2 0.2 0.1 0.2 0.3 0.3 0.3 0.2 0.3 19

 20 Equity 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Reinvested earnings 0.2 0.2 0.2 0.1 0.2 0.3 0.3 0.3 0.2 0.3 21

 22 Intercompany accounts 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 Federal government equity in IBRD, etc.:

 23 Liab.: Rest of the world 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.1 0.1 0.1 23

 24 Asset: Federal government 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.1 0.1 0.1 24

 Federal Reserve Bank stock:

 25 Liab.: Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Asset: U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 Equity in govt.-sponsored enterprises:

 27 Liab.: Government-sponsored enterprises 0.1 0.1 0.2 0.1 0.1 0.2 0.1 0.0 0.0 0.0 27

 28 Asset: Nonfin. corporate business (Fannie Mae and FCS) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Nonfinancial noncorporate (FCS) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Federal government 0.0 -0.0 0.1 -0.0 0.0 0.0 -0.0 -0.0 -0.1 -0.1 30

 31 U.S.-chartered depository institutions (FHLB) 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.1 31

 32 Credit unions (FHLB) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Life insurance companies (FHLB) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 Holding company net transactions with subsidiaries:

 34 Liab.: U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 34

 35 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

 36 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Finance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37

 38 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

 39 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 39

 40 Asset: Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 NFC investment in finance company subsidiaries:

 41 Liab.: Finance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

 42 Asset: Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 42

 Funding corporations’ investment in subsidiaries:

 43 Liab.: Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 43

 44 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 44

 45 Asset: Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 45

 Equity investment under Public-Private Inv. Program:

 46 Liab.: Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 46

 47 Asset: Households (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 47

 48 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 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).
Flo

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58 Historical Annuals, 1955-1964,

F.231 Identified Miscellaneous Financial Claims - Part II

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 Nonofficial foreign currencies:

 1 Liab.: Rest of the world 0.3 0.6 0.6 0.3 0.0 0.5 0.3 0.2 0.4 0.0 1

 2 Asset: Federal government 0.3 0.6 0.6 0.3 0.0 0.5 0.3 0.2 0.4 0.0 2

 3 Monetary authority (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 Postal Savings System deposits:

 4 Liab.: Federal government -0.3 -0.2 -0.3 -0.2 -0.2 -0.2 -0.1 -0.1 -0.1 -0.1 4

 5 Asset: Household sector -0.3 -0.2 -0.3 -0.2 -0.2 -0.2 -0.1 -0.1 -0.1 -0.1 5

 Deposits at Federal Home Loan Banks:

 6 Liab.: Government-sponsored enterprises -0.1 -0.0 -0.0 0.2 -0.2 0.3 0.2 0.0 -0.1 0.0 6

 7 Asset: U.S.-chartered depository institutions -0.1 -0.0 -0.0 0.2 -0.2 0.3 0.2 0.0 -0.1 0.0 7

 Deferred and unpaid life insurance premiums:

 8 Liab.: Household sector 0.1 0.2 0.2 0.1 0.2 0.2 0.1 0.2 0.2 0.2 8

 9 Asset: Life insurance companies 0.1 0.2 0.2 0.1 0.2 0.2 0.1 0.2 0.2 0.2 9

 Life insurance company reserves:

 10 Liab.: Life insurance companies 0.5 0.4 0.5 0.4 0.4 0.6 0.6 0.7 0.3 0.5 10

 11 Accident and health 0.1 0.0 0.1 0.0 0.1 0.1 0.1 0.1 0.1 0.1 11

 12 Policy dividend accumulation 0.4 0.3 0.3 0.3 0.3 0.4 0.5 0.5 0.1 0.3 12

 13 Contract claims 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 13

 14 Asset: Household sector 0.5 0.4 0.5 0.4 0.4 0.6 0.6 0.7 0.3 0.5 14

 Policy payables:

 15 Liab.: Property-casualty insurance companies 0.7 0.7 1.0 0.9 1.1 0.9 0.8 0.7 1.1 1.3 15

 16 Asset: Household sector 0.3 0.2 0.2 0.1 0.3 0.1 0.1 0.0 0.4 0.5 16

 17 Nonfinancial corporate business 0.2 0.4 0.6 0.6 0.6 0.6 0.5 0.6 0.4 0.3 17

 18 Nonfinancial noncorporate business 0.2 0.2 0.2 0.2 0.3 0.2 0.2 0.1 0.3 0.4 18

 Unallocated insurance company contracts:

 19 Liab.: Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Asset: Private pension funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 Pension fund contributions payable:

 21 Liab.: Nonfinancial corporate business 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.0 0.1 0.2 21

 22 Asset: Private pension funds 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.0 0.1 0.2 22

 Securities borrowed (net):

 23 Liab.: Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Asset: Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 Nonmarketable government securities:

 25 Liab.: Federal government 0.7 0.9 0.4 0.9 0.9 0.9 0.9 1.0 1.2 1.2 25

 26 Asset: Federal government retirement funds 0.7 0.9 0.4 0.9 0.9 0.9 0.9 1.0 1.2 1.2 26

 Retiree health care funds (2):

 27 Liab.: Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

 28 Asset: Household sector 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 Claims of pension fund on sponsor (3):

 29 Liab.: Nonfinancial corporate business 1.8 2.1 4.0 2.0 2.7 0.9 -1.0 -2.8 -1.7 -1.3 29

 30 State and local governments 1.4 1.7 1.6 1.9 1.9 2.1 2.3 2.5 2.7 2.7 30

 31 Federal government 7.1 7.5 9.0 9.0 9.5 9.9 10.6 11.2 11.7 12.4 31

 32 Asset: Private pension funds 1.8 2.1 4.0 2.0 2.7 0.9 -1.0 -2.8 -1.7 -1.3 32

 33 State and local govt. retirement funds 1.4 1.7 1.6 1.9 1.9 2.1 2.3 2.5 2.7 2.7 33

 34 Federal government retirement funds 7.1 7.5 9.0 9.0 9.5 9.9 10.6 11.2 11.7 12.4 34

(1) Reciprocal currency arrangements (swap lines) with foreign central banks.

(2) Includes Uniform Services Retiree Health Care Fund and Postal Service Retiree Health Benefits Fund.

(3) Assets of the household sector.
Flo

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Historical Annuals, 1955-1964, 59

F.232 Unidentified Miscellaneous Financial Claims

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in liabilities 2.8 -5.3 -2.7 1.0 -0.3 -2.7 4.3 5.5 7.4 5.5 1

 2 Nonfinancial corporate business -1.2 -2.1 -3.6 -1.4 -2.5 -0.6 1.9 3.3 2.6 2.4 2

 3 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Federal government -0.2 0.4 -0.0 0.0 -0.4 0.2 -0.0 0.0 -0.2 -0.3 4

 5 Rest of the world -0.0 -3.1 0.4 0.9 0.9 -0.1 0.2 0.1 0.8 0.8 5

 6 Monetary authority 0.1 -0.1 -0.2 0.2 0.3 -0.2 -0.1 0.1 -0.1 0.7 6

 7 U.S.-chartered depository institutions 0.9 0.3 0.6 1.0 1.1 -1.5 1.5 0.5 2.3 1.0 7

 8 Foreign banking offices in U.S. 0.0 -0.0 -0.1 0.1 -0.1 -0.2 -0.2 0.0 0.0 -0.5 8

 9 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 -0.0 9

 10 Credit unions 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 -0.0 -0.1 10

 11 Life insurance companies 0.2 0.2 0.2 0.2 -0.2 0.4 0.4 0.3 0.4 0.3 11

 12 Government-sponsored enterprises 0.0 0.2 -0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.1 12

 13 Finance companies 2.8 -1.1 -0.1 -0.1 0.5 -0.9 0.7 1.0 1.7 0.7 13

 14 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Brokers and dealers -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 0.5 15

 16 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Funding corporations 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 0.1 0.0 -0.0 17

 18 Net change in assets 3.1 3.0 1.0 2.3 1.9 -0.6 0.5 1.5 2.8 2.1 18

 19 Nonfinancial corporate business 1.1 1.2 0.4 0.8 1.3 -0.3 -0.6 0.1 1.0 0.8 19

 20 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 State and local governments 0.2 0.1 0.0 -0.1 0.0 0.1 -0.0 -0.1 -0.1 -0.0 21

 22 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Rest of the world 0.9 0.8 0.5 0.2 -0.7 -0.5 0.0 -0.8 -0.2 -0.6 23

 24 Monetary authority 0.0 0.1 -0.0 -0.1 0.1 -0.0 -0.0 0.2 -0.0 0.0 24

 25 U.S.-chartered depository institutions 0.0 0.2 0.3 0.5 0.6 -0.3 0.5 1.0 1.0 0.2 25

 26 Foreign banking offices in U.S. -0.1 0.3 0.1 0.2 -0.0 0.1 -0.4 0.1 0.0 0.2 26

 27 Banks in U.S.-affiliated areas 0.0 0.0 0.1 0.0 0.0 0.0 0.1 0.0 0.1 0.1 27

 28 Credit unions -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 28

 29 Life insurance companies 0.0 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.1 29

 30 Private pension funds 0.2 0.3 0.1 0.1 0.2 0.3 0.2 0.5 0.2 1.0 30

 31 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Government-sponsored enterprises -0.0 -0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 34

 35 Finance companies 0.5 -0.1 -0.4 0.4 0.2 -0.1 0.6 0.4 0.8 0.3 35

 36 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Brokers and dealers 0.1 0.0 -0.1 0.2 -0.0 -0.1 0.0 -0.0 -0.0 -0.0 37

 38 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

 39 Discrepancy -0.2 -8.2 -3.7 -1.3 -2.2 -2.1 3.8 4.0 4.6 3.4 39
Flo

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60 Historical Annuals, 1955-1964,

F.11 Sector Discrepancies

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 All sectors -11.4 -17.0 -13.9 -12.8 -0.8 0.4 3.2 4.3 7.1 2.4 1

 2 Household sector -7.7 -9.7 -11.7 -10.6 -6.7 -8.7 -2.6 -2.0 -4.6 -9.1 2

 3 Nonfinancial corporate business 6.4 4.8 6.1 5.8 4.8 9.2 5.1 6.5 10.3 13.8 3

 4 State and local governments 0.3 0.7 1.6 1.2 1.7 1.0 0.7 1.1 0.3 0.5 4

 5 Federal government -10.4 -9.5 -10.8 -9.2 -1.3 0.5 1.5 -0.3 0.4 -1.2 5

 6 Rest of the world -0.3 -4.0 -0.1 -0.4 -0.6 -1.4 -1.4 -1.5 -0.9 -1.6 6

 7 Financial sectors 0.4 0.6 1.0 0.4 1.3 -0.4 -0.1 0.6 1.6 -0.1 7

 8 Monetary authority -0.0 -0.0 -0.0 0.0 -0.0 -0.0 -0.0 -0.0 -0.0 -0.0 8

 9 U.S.-chartered depository institutions 0.6 1.1 0.9 0.5 0.3 0.1 0.4 0.7 1.0 0.4 9

 10 Foreign banking officed in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 -0.0 11

 12 Credit unions 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 -0.0 -0.1 12

 13 Property-casualty insurance companies -0.1 -0.1 -0.1 -0.1 -0.2 -0.0 -0.1 -0.9 0.2 0.2 13

 14 Life insurance companies 0.3 0.2 0.3 0.3 0.7 0.2 0.2 -0.0 0.2 -0.0 14

 15 Mutual funds -0.2 -0.3 -0.2 -0.2 0.1 0.1 0.0 0.1 0.0 -0.3 15

 16 Government-sponsored enterprises 0.0 0.0 -0.0 -0.0 0.0 0.0 0.0 -0.0 -0.0 -0.0 16

 17 Issuers of asset-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Finance companies -0.0 -0.0 0.3 -0.2 0.5 -0.5 -0.3 1.1 0.7 0.4 18

 19 REITs -0.0 -0.0 -0.0 0.0 -0.0 -0.0 0.0 0.0 -0.0 -0.0 19

 20 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 -0.0 -0.0 -0.1 20

 21 Holding companies -0.3 -0.4 -0.3 -0.3 -0.3 -0.4 -0.4 -0.4 -0.5 -0.5 21

F.12 Instrument Discrepancies

Billions of dollars

 1 All types -11.4 -17.0 -13.9 -12.8 -0.8 0.4 3.2 4.3 7.1 2.4 1

 2 Treasury currency -0.0 -0.0 -0.0 -0.1 -0.0 -0.0 -0.1 0.0 0.0 0.2 2

 3 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Net interbank transactions 0.2 -0.1 -0.5 -0.3 0.2 0.0 0.3 -0.9 -0.2 -0.9 4

 5 Security RPs -1.4 -0.5 -0.8 0.7 1.0 0.1 0.1 -0.9 1.0 0.4 5

 6 Mail floats 0.2 0.8 -0.3 0.2 -0.6 0.4 1.7 0.8 1.0 0.1 6

 7 State and local governments 0.4 0.7 0.9 0.4 -1.1 0.2 0.6 -0.3 0.2 -0.9 7

 8 Federal government -0.4 0.4 0.1 -0.2 -0.0 -0.2 0.1 0.3 0.1 -0.2 8

 9 Private domestic 0.2 -0.2 -1.2 -0.0 0.6 0.4 1.0 0.7 0.7 1.2 9

 10 Trade credit 1.4 -1.0 1.8 -0.8 1.2 -0.2 -2.5 0.1 0.1 -1.2 10

 11 Taxes payable -9.2 -9.9 -10.7 -10.5 -0.3 0.9 -0.9 1.1 -0.8 0.4 11

 12 Miscellaneous -0.2 -8.2 -3.7 -1.3 -2.2 -2.1 3.8 4.0 4.6 3.4 12

 13 Nonfinancial -2.2 2.0 0.3 -0.7 -0.2 1.3 0.9 0.0 1.5 -0.1 13

 Nonfinancial components (sign reversed):

 14 Statistical discrepancy (NIPA) 2.2 -2.0 -0.3 0.7 0.2 -1.4 -1.0 -0.1 -1.5 -0.0 14

 15 Contr. for govt. soc. insur., U.S. affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 15
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Historical Annuals, 1955-1964, 61

L.100 Households and Nonprofit Organizations (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 1144.0 1225.0 1261.1 1401.7 1486.3 1548.5 1702.8 1749.9 1857.7 2022.5 1

 2 Deposits 175.8 187.1 198.2 215.0 228.1 242.0 259.8 286.1 317.0 345.9 2

 3 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Checkable deposits and currency 70.0 71.9 71.0 73.7 75.6 77.6 77.0 77.2 82.1 84.9 4

 5 Time and savings deposits 105.8 115.2 127.2 141.3 152.5 164.5 182.8 208.8 234.9 261.0 5

 6 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Credit market instruments 117.6 124.9 131.9 132.7 142.8 150.9 154.9 158.2 159.8 166.2 7

 8 Open market paper 1.4 1.4 1.7 1.8 1.6 2.6 2.2 3.0 4.2 5.2 8

 9 Treasury securities 68.8 70.2 71.5 68.6 71.6 72.2 71.9 73.7 72.9 73.6 9

 10 Savings bonds 50.2 50.1 48.2 47.7 45.9 45.6 46.4 47.0 48.1 49.1 10

 11 Bills and other Treasury securities 18.6 20.1 23.3 20.9 25.7 26.6 25.5 26.8 24.7 24.5 11

 12 Agency- and GSE-backed securities 0.6 1.0 1.5 0.8 2.3 1.0 0.6 0.2 0.0 0.2 12

 13 Municipal securities 19.2 21.9 23.9 24.6 28.4 31.0 32.5 32.1 32.1 34.9 13

 14 Corporate and foreign bonds 5.0 6.1 7.2 7.9 8.2 10.6 10.8 10.2 10.1 10.3 14

 15 Other loans and advances (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Mortgages 22.7 24.3 26.2 28.8 30.7 33.5 36.8 39.0 40.5 42.0 16

 17 Consumer credit (student loans) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Corporate equities (3) 248.2 271.0 244.5 322.3 357.3 359.8 443.2 431.2 469.9 544.1 18

 19 Mutual fund shares 7.8 9.0 8.7 13.2 15.8 17.0 22.9 20.9 24.8 28.4 19

 20 Security credit 0.9 0.9 0.9 1.2 1.0 1.1 1.2 1.2 1.2 1.7 20

 21 Life insurance reserves 69.3 72.7 75.5 78.5 82.0 85.2 88.6 92.4 96.6 101.1 21

 22 Pension entitlements (4) 173.8 192.0 221.3 243.3 262.2 284.5 306.7 317.3 340.3 367.1 22

 23 Claims of pension fund on sponsor 121.8 133.7 156.7 168.4 177.1 190.7 199.5 203.6 212.3 222.3 23

 24 Funded pension entitlements 52.0 58.2 64.6 74.9 85.0 93.9 107.2 113.7 128.0 144.8 24

 25 Equity in noncorporate business 338.4 354.9 367.1 382.2 383.4 393.6 410.5 427.0 431.8 450.9 25

 26 Miscellaneous assets 12.2 12.5 12.9 13.2 13.8 14.3 15.0 15.5 16.2 17.2 26

 27 Total liabilities 144.3 159.5 172.0 184.0 206.6 224.7 243.5 265.6 294.7 324.4 27

 28 Credit market instruments 138.4 153.2 165.8 176.5 198.5 216.5 233.9 255.8 282.9 312.7 28

 29 Home mortgages (5) 87.9 98.7 107.3 117.1 130.0 141.3 154.0 168.3 185.1 202.3 29

 30 Consumer credit 42.9 46.6 49.2 49.5 57.2 61.2 63.4 69.3 77.9 87.4 30

 31 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Depository institution loans n.e.c. (6) 1.8 1.2 1.6 1.2 1.5 2.5 3.7 4.1 4.6 6.3 32

 33 Other loans and advances 3.6 3.9 4.4 4.8 5.4 6.3 7.0 7.7 8.4 9.2 33

 34 Commercial mortgages 2.2 2.9 3.3 3.9 4.4 5.2 5.7 6.3 6.9 7.5 34

 35 Security credit 3.0 3.1 2.7 3.7 3.7 3.6 4.6 4.5 6.0 5.5 35

 36 Trade payables 1.4 1.5 1.7 1.8 2.2 2.3 2.5 2.6 2.9 3.2 36

 37 Deferred and unpaid life insurance premiums 1.5 1.7 1.8 2.0 2.2 2.4 2.5 2.7 2.9 3.0 37

(1) Sector includes domestic hedge funds, private equity funds, and personal trusts. Supplementary tables (tables F.100.a and L.100.a) show estimates of annual flows and year-end

 outstandings of nonprofit organizations.

(2) Syndicated loans to nonfinancial corporate business by nonprofits and domestic hedge funds.

(3) Directly held and those in closed-end and exchange-traded funds. Other equities are included in mutual fund shares (line 18) and life insurance and pension reserves (lines 20 and 21).

(4) Includes public and private defined benefit and defined contribution pension plans and annuities, including those in IRAs, at life insurance companies. Excludes social security.

(5) Includes loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table L.218, line 23.

(6) Includes loans extended by the Federal Reserve to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF), shown on table L.108, line 19.
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62 Historical Annuals, 1955-1964,

L.101 Nonfinancial Business (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 174.1 180.8 185.6 199.9 212.9 215.4 228.7 240.5 255.9 271.3 1

 2 Foreign deposits 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.8 0.7 1.1 2

 3 Checkable deposits and currency 47.4 47.3 48.0 50.6 48.1 46.5 50.0 52.9 51.7 51.1 3

 4 Time and savings deposits 1.0 1.0 1.0 1.9 1.5 3.0 4.1 5.0 5.7 6.7 4

 5 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 6

 7 Credit market instruments 34.3 30.5 30.1 30.9 38.9 32.9 31.6 31.3 36.5 37.0 7

 8 Commercial paper 0.2 0.3 0.4 0.2 0.7 0.8 1.1 1.3 1.0 1.7 8

 9 Treasury securities 21.3 16.7 15.6 16.1 21.6 15.8 14.1 12.3 15.1 14.5 9

 10 Agency- and GSE-backed securities 0.3 0.4 0.8 0.6 1.2 1.1 1.2 1.3 1.6 1.0 10

 11 Municipal securities 1.2 1.3 1.5 2.0 1.8 2.4 2.4 2.7 3.8 3.7 11

 12 Mortgages 0.0 0.1 0.1 0.1 0.0 0.0 0.0 0.1 0.1 0.1 12

 13 Consumer credit 11.2 11.7 11.8 11.9 13.5 12.8 12.7 13.7 14.9 16.1 13

 14 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.3 14

 15 Trade receivables 65.9 72.9 73.8 81.2 85.6 90.9 97.2 101.2 107.0 115.7 15

 16 Miscellaneous assets 25.3 29.0 32.6 35.2 38.6 42.0 45.5 49.1 54.1 59.2 16

 17 Total liabilities 219.8 236.1 248.3 262.8 285.3 301.2 320.1 343.0 370.9 401.0 17

 18 Credit market instruments 136.0 148.7 160.8 171.9 186.7 200.1 213.6 231.8 251.0 272.7 18

 19 Commercial paper 0.4 0.4 0.4 0.7 0.3 0.8 1.1 1.2 1.0 1.1 19

 20 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Corporate bonds 54.6 58.0 64.1 69.7 72.8 76.2 80.6 84.6 88.4 92.4 21

 22 Depository institution loans n.e.c. 31.3 36.9 38.5 38.7 43.5 45.9 46.9 51.8 56.2 61.2 22

 23 Other loans and advances 10.0 10.6 11.9 12.3 14.2 16.6 17.2 18.1 20.0 22.6 23

 24 Mortgages 39.7 42.8 45.9 50.5 55.8 60.6 67.7 76.1 85.4 95.3 24

 25 Trade payables 57.1 62.2 64.0 69.4 74.3 77.7 81.0 83.8 89.8 96.2 25

 26 Taxes payable 18.4 16.8 14.6 12.0 14.2 12.6 13.3 14.4 15.7 16.2 26

 27 Miscellaneous liabilities 8.3 8.4 8.8 9.5 10.2 10.9 12.2 13.0 14.3 15.8 27

(1) Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
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Historical Annuals, 1955-1964, 63

L.102 Nonfinancial Corporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 141.6 146.7 151.2 162.8 177.9 180.7 193.4 205.4 220.7 235.3 1

 2 Foreign deposits 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.8 0.7 1.1 2

 3 Checkable deposits and currency 29.5 29.2 29.2 30.3 29.4 28.4 31.9 34.8 33.7 33.0 3

 4 Time and savings deposits 1.0 1.0 1.0 1.9 1.5 3.0 4.1 5.0 5.7 6.7 4

 5 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 6

 7 Credit market instruments 31.4 27.5 27.0 27.8 35.5 29.7 28.5 28.0 32.9 33.2 7

 8 Commercial paper 0.2 0.3 0.4 0.2 0.7 0.8 1.1 1.3 1.0 1.7 8

 9 Treasury securities 21.3 16.7 15.6 16.1 21.6 15.8 14.1 12.3 15.1 14.5 9

 10 Agency- and GSE-backed securities 0.3 0.4 0.8 0.6 1.2 1.1 1.2 1.3 1.6 1.0 10

 11 Municipal securities 1.2 1.3 1.5 2.0 1.8 2.4 2.4 2.7 3.8 3.7 11

 12 Mortgages 0.0 0.1 0.1 0.1 0.0 0.0 0.0 0.1 0.1 0.1 12

 13 Consumer credit 8.3 8.6 8.7 8.8 10.1 9.6 9.6 10.4 11.3 12.3 13

 14 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.3 14

 15 Trade receivables 58.0 63.8 65.4 71.8 77.4 82.3 88.3 92.8 99.1 107.6 15

 16 Miscellaneous assets 21.6 25.1 28.4 30.8 34.0 37.2 40.5 43.8 48.5 53.1 16

 17 U.S. direct investment abroad (1) 18.7 21.7 24.5 26.4 28.8 30.7 33.4 35.8 39.1 42.6 17

 18 Insurance receivables 2.1 2.4 3.0 3.6 4.1 4.7 5.2 5.7 6.1 6.4 18

 19 Equity in GSEs 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 19

 20 Investment in finance company subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Other 0.8 0.9 0.8 0.8 1.0 1.7 1.8 2.2 3.2 4.0 21

 22 Total liabilities 171.7 184.0 193.4 203.0 219.9 230.4 243.1 258.5 279.1 301.5 22

 23 Credit market instruments 101.1 110.8 120.4 127.7 136.4 145.0 151.9 162.5 173.1 186.4 23

 24 Commercial paper 0.4 0.4 0.4 0.7 0.3 0.8 1.1 1.2 1.0 1.1 24

 25 Municipal securities (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Corporate bonds (1) 54.6 58.0 64.1 69.7 72.8 76.2 80.6 84.6 88.4 92.4 26

 27 Depository institution loans n.e.c. 25.6 30.6 31.7 31.4 35.2 37.1 37.5 41.2 44.5 48.8 27

 28 Other loans and advances (3) 4.4 4.7 5.7 5.8 7.1 9.1 9.5 9.8 10.9 12.7 28

 29 Mortgages 16.2 17.1 18.4 20.2 21.0 21.8 23.2 25.6 28.2 31.4 29

 30 Trade payables 44.0 48.1 49.7 53.9 59.2 62.1 65.8 68.8 76.2 83.2 30

 31 Taxes payable 18.4 16.8 14.6 12.0 14.2 12.6 13.3 14.4 15.7 16.2 31

 32 Miscellaneous liabilities 8.2 8.3 8.7 9.3 10.1 10.7 12.1 12.9 14.1 15.7 32

 33 Foreign direct investment in U.S. 3.6 4.0 4.2 4.5 4.9 5.2 5.3 5.7 5.9 6.0 33

 34 Pension fund contributions payable 0.3 0.3 0.4 0.5 0.5 0.6 0.7 0.8 0.9 1.0 34

 35 Claims of pension fund on sponsor 31.7 33.8 38.4 38.2 39.9 40.8 36.5 36.3 31.7 27.3 35

 36 Other -27.4 -29.8 -34.3 -33.9 -35.3 -35.8 -30.5 -29.9 -24.3 -18.7 36

 Memo:

 37 Trade receivables net of payables 14.1 15.7 15.8 17.9 18.1 20.2 22.4 24.0 22.9 24.5 37

 38 Market value of equities 244.2 268.4 245.7 324.7 362.2 365.2 437.7 424.3 465.8 546.0 38

 39 Securities and mortgages 70.8 75.2 82.5 89.9 93.8 98.0 103.9 110.2 116.7 123.9 39

 40 Loans and short-term paper 30.4 35.6 37.9 37.8 42.6 47.0 48.0 52.3 56.4 62.6 40

 41 Total short-term liabilities (4) 92.7 100.5 102.2 103.8 116.0 121.6 127.1 135.4 148.3 161.9 41

 42 Total liquid assets (5) 53.6 49.1 48.6 51.2 56.4 51.6 55.0 58.3 61.8 62.2 42

 Analytical measures (percent)

 43 Long-term debt/credit market debt 70.0 67.8 68.5 70.4 68.8 67.6 68.4 67.8 67.4 66.4 43

 44 Short-term debt/credit market debt 30.0 32.2 31.5 29.6 31.2 32.4 31.6 32.2 32.6 33.6 44

 45 Liquid assets/short-term liabilities 57.8 48.8 47.6 49.3 48.6 42.4 43.3 43.1 41.6 38.4 45

(1) Through 1992:Q4, corporate bonds include net issues by Netherlands Antillean financial subsidiaries, and U.S. direct investment abroad excludes net inflows from those bond issues.

(2) Industrial revenue bonds. Issued by state and local governments to finance private investment and secured in interest and principal by the industrial user of the funds.

(3) Loans from rest of the world, U.S. government, and nonbank financial institutions. Detail can be found on table L.216.

(4) Sum of lines 24, 27, 28, 30, and 31. Includes loans due in more than one year and excludes current maturities of bonds and mortgages.

(5) Sum of lines 2 through 6, lines 8 through 11, and line 14.
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64 Historical Annuals, 1955-1964,

L.103 Nonfinancial Noncorporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 32.5 34.1 34.4 37.2 35.0 34.6 35.3 35.2 35.1 36.0 1

 2 Checkable deposits and currency 17.9 18.1 18.8 20.3 18.7 18.0 18.2 18.2 18.0 18.1 2

 3 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Credit market instruments 2.9 3.1 3.1 3.1 3.4 3.2 3.1 3.3 3.6 3.8 5

 6 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Consumer credit 2.9 3.1 3.1 3.1 3.4 3.2 3.1 3.3 3.6 3.8 9

 10 Trade receivables 7.9 9.1 8.4 9.4 8.2 8.6 8.9 8.5 8.0 8.1 10

 11 Miscellaneous assets 3.7 3.9 4.2 4.3 4.6 4.8 5.1 5.2 5.6 6.0 11

 12 Insurance receivables 3.6 3.7 4.0 4.1 4.4 4.6 4.8 4.9 5.3 5.7 12

 13 Equity investment in GSEs (1) 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.4 13

 14 Other -0.0 0.0 -0.0 0.0 0.0 -0.0 0.0 0.0 0.0 -0.0 14

 15 Total liabilities 48.1 52.1 54.9 59.8 65.4 70.8 77.0 84.5 91.8 99.5 15

 16 Credit market instruments 34.8 37.9 40.4 44.2 50.2 55.0 61.7 69.3 78.0 86.3 16

 17 Depository institution loans n.e.c. 5.7 6.3 6.7 7.3 8.3 8.9 9.5 10.6 11.7 12.5 17

 18 Other loans and advances 5.6 5.9 6.2 6.6 7.1 7.4 7.8 8.2 9.1 9.9 18

 19 Mortgages 23.5 25.7 27.5 30.3 34.8 38.7 44.5 50.5 57.2 63.9 19

 20 Trade payables 13.2 14.1 14.4 15.4 15.0 15.6 15.1 15.0 13.6 13.1 20

 21 Taxes payable 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Miscellaneous liabilities 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 22

(1) Equity in the Farm Credit System.
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Historical Annuals, 1955-1964, 65

L.104 State and Local Governments (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 29.7 31.3 31.6 32.2 34.4 37.0 39.4 42.7 46.2 50.4 1

 2 Checkable deposits and currency 8.0 7.4 6.8 6.6 8.3 8.2 8.2 8.2 9.2 10.4 2

 3 Time and savings deposits 2.4 2.4 2.8 3.6 3.2 4.6 5.5 6.5 8.1 9.8 3

 4 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Security RPs 0.7 1.3 1.8 1.4 0.6 -0.2 -0.1 0.5 -0.7 -1.8 5

 6 Credit market instruments 14.7 15.9 15.9 16.1 17.5 19.1 20.1 21.7 23.3 25.0 6

 7 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Treasury securities 10.9 12.0 11.7 11.6 12.8 13.7 14.0 15.2 16.3 17.3 8

 9 Agency- and GSE-backed securities 0.7 0.8 0.7 0.6 0.5 1.1 1.5 1.9 2.4 2.9 9

 10 Municipal securities 2.5 2.5 2.6 2.7 2.7 2.7 2.8 2.6 2.3 2.2 10

 11 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Mortgages 0.6 0.7 0.9 1.1 1.4 1.6 1.8 2.1 2.3 2.5 12

 13 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Trade receivables 2.9 3.1 3.2 3.5 3.9 4.2 4.5 4.8 5.3 5.8 15

 16 Taxes receivable 0.5 0.6 0.5 0.6 0.6 0.6 0.6 0.7 0.7 0.8 16

 17 Miscellaneous assets 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.3 0.3 17

 18 Total liabilities 70.7 78.2 85.7 95.1 99.8 109.1 118.4 118.7 127.2 137.0 18

 19 Credit market instruments 46.1 50.4 55.0 60.7 66.7 72.2 77.8 83.8 89.2 95.6 19

 20 Municipal securities 45.7 49.9 54.4 59.8 65.7 71.0 76.3 81.8 87.0 93.2 20

 21 Short-term (2) 2.1 2.2 2.4 2.8 3.2 3.5 3.7 3.7 4.1 4.9 21

 22 Long-term 43.6 47.7 52.0 57.0 62.5 67.5 72.7 78.1 82.9 88.3 22

 23 U.S. government loans 0.5 0.5 0.7 0.9 1.0 1.2 1.5 2.0 2.2 2.5 23

 24 Trade payables 3.4 4.1 4.8 5.7 6.5 7.5 8.5 9.5 10.7 11.9 24

 25 Claims of pension fund on sponsor (3) 21.2 23.8 25.9 28.8 26.5 29.4 32.1 25.5 27.3 29.5 25

(1) Data for employee retirement funds are shown in table L.118.

(2) Debt with original maturity of 13 months or less.

(3) Included in miscellaneous liabilities.
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66 Historical Annuals, 1955-1964,

L.105 Federal Government

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 37.8 38.9 39.7 40.1 45.0 46.7 49.0 52.5 55.8 59.2 1

 2 U.S. official reserve assets 1.2 1.8 2.1 2.0 2.1 1.7 1.9 1.2 1.2 1.0 2

 3 Checkable deposits and currency 5.3 5.0 5.1 5.5 6.1 7.2 7.1 8.1 7.7 8.2 3

 4 Time and savings deposits 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 4

 5 Credit market instruments 21.0 21.6 22.2 23.6 25.7 26.7 28.4 30.3 31.9 34.7 5

 6 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Other loans and advances 17.3 17.9 18.3 19.3 20.1 20.9 22.1 24.0 25.9 28.8 8

 9 Mortgages 3.6 3.6 3.9 4.3 5.6 5.8 6.2 6.3 5.9 5.9 9

 10 Consumer credit (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Corporate equities (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Trade receivables 2.3 2.4 2.3 1.7 1.7 1.8 1.8 2.0 2.5 2.7 12

 13 Taxes receivable 5.9 5.4 4.7 3.5 5.6 5.0 5.0 5.7 6.9 6.9 13

 14 Miscellaneous assets 1.8 2.4 3.1 3.4 3.4 4.1 4.6 4.9 5.4 5.4 14

 15 Total liabilities 321.8 324.5 338.9 357.9 375.1 384.2 403.0 422.2 439.0 458.6 15

 16 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Treasury currency 2.5 2.5 2.6 2.6 2.6 2.7 2.7 2.8 2.8 2.8 18

 19 Credit market instruments 230.0 224.1 221.9 231.1 238.0 236.0 243.2 250.0 253.8 259.9 19

 20 Savings bonds 50.2 50.1 48.2 47.7 45.9 45.6 46.4 47.0 48.1 49.1 20

 21 Treasury bills 38.1 44.2 61.4 66.1 59.3 57.9 49.0 71.0 62.5 56.5 21

 22 Other Treasury securities 140.1 128.4 110.5 115.1 131.0 130.5 145.3 128.8 140.1 150.3 22

 23 Budget agency securities 1.6 1.4 1.7 1.6 0.9 0.7 1.0 1.5 1.4 2.2 23

 24 Multifamily residential mortgages 0.0 0.0 0.1 0.5 0.8 1.3 1.5 1.7 1.8 1.8 24

 25 Trade payables 2.3 2.6 2.8 2.8 2.9 3.4 3.6 4.1 4.4 4.5 25

 26 Insurance reserves 5.8 6.1 6.2 6.2 6.4 6.4 6.5 6.6 6.8 6.9 26

 27 Miscellaneous liabilities 81.2 89.1 105.5 115.2 125.2 135.7 146.9 158.7 171.2 184.5 27

 28 Nonmarketable securities held by pension plans (3) 10.0 10.9 11.3 12.3 13.2 14.1 15.0 16.0 17.2 18.4 28

 29 Claims of pension fund on sponsor 69.0 76.2 92.5 101.4 110.7 120.5 130.9 141.9 153.4 165.5 29

 30 Other 2.2 2.0 1.7 1.5 1.3 1.2 1.0 0.8 0.7 0.6 30

(1) Includes loans originated by the Department of Education under the Federal Direct Loan Program, as well as Federal Family Education Loan Program loans that

 the government purchased from depository institutions and finance companies.

(2) Corporate equities purchased from financial businesses under the Troubled Asset Relief Program (TARP) and from GSEs at market price.

(3) Nonmarketable government securities held by the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military

 retirement fund, and foreign service retirement and disability fund.
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Historical Annuals, 1955-1964, 67

L.106 Rest of the World

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 27.4 30.1 30.2 33.9 38.6 40.5 45.1 45.4 50.6 59.6 1

 2 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Net interbank assets 1.8 2.2 2.0 2.1 2.1 3.0 3.1 3.0 3.2 3.7 3

 4 U.S. checkable deposits and currency 1.5 1.8 2.1 2.0 2.1 2.1 3.1 3.2 3.5 8.3 4

 5 U.S. time deposits 2.8 2.7 2.5 3.4 2.6 2.9 2.9 3.4 4.3 5.5 5

 6 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Security RPs (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Credit market instruments 6.7 7.3 7.5 7.5 11.7 12.6 13.1 14.8 15.9 16.9 8

 9 Open market paper 0.4 0.7 1.0 0.8 0.8 1.3 1.4 1.4 1.4 1.6 9

 10 Treasury securities 5.8 6.1 5.9 6.0 10.4 10.7 11.0 12.4 13.0 13.3 10

 11 Official 5.8 6.1 5.1 4.4 8.0 8.6 8.8 10.3 11.1 11.5 11

 12 Private 0.0 0.0 0.8 1.6 2.4 2.0 2.2 2.1 2.0 1.8 12

 13 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.7 1.0 13

 14 Official 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Private 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.7 1.0 15

 16 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 U.S. corporate bonds (1) 0.4 0.5 0.6 0.6 0.6 0.7 0.7 0.7 0.8 1.0 17

 18 Loans to U.S. corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 U.S. corporate equities 6.6 7.0 6.1 8.3 9.4 9.3 11.8 10.3 12.5 13.8 19

 20 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Trade receivables 0.4 0.5 0.6 0.5 0.7 0.8 1.0 1.1 1.5 1.8 21

 22 Security credit 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 22

 23 Miscellaneous assets 7.5 8.7 9.4 9.9 9.9 9.8 10.0 9.4 9.6 9.4 23

 24 Foreign direct investment in U.S. (2) 5.1 5.5 5.7 6.1 6.6 6.9 7.3 7.6 7.8 8.1 24

 25 Other 2.5 3.2 3.7 3.8 3.3 2.8 2.7 1.8 1.8 1.2 25

 26 Total liabilities 42.1 47.7 52.8 56.6 60.2 65.0 71.2 75.0 80.7 91.7 26

 27 U.S. official reserve assets (3) 1.0 1.6 2.0 2.0 2.0 1.6 1.8 1.2 1.2 1.2 27

 28 U.S. private deposits 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.8 0.7 1.1 28

 29 Credit market instruments 16.4 17.3 18.5 20.5 21.4 23.2 25.4 27.5 30.8 35.0 29

 30 Commercial paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Bonds 3.1 3.4 3.8 4.7 5.2 5.8 6.2 7.2 8.2 8.7 31

 32 Depository institution loans n.e.c. 1.4 1.8 2.1 2.6 2.9 3.0 3.7 4.2 4.8 6.5 32

 33 Official 0.4 0.5 0.7 0.9 0.9 0.9 1.0 1.0 0.9 0.9 33

 34 Banks 0.5 0.6 0.6 0.7 0.7 0.8 1.0 1.2 1.4 2.0 34

 35 Other 0.5 0.7 0.9 1.1 1.3 1.4 1.7 1.9 2.5 3.6 35

 36 Other loans and advances 11.9 12.1 12.6 13.1 13.3 14.4 15.5 16.1 17.8 19.8 36

 37 Trade payables 0.6 0.7 0.8 0.8 0.9 1.6 1.7 2.2 1.8 2.6 37

 38 Security debt 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 38

 39 Miscellaneous liabilities 23.8 27.9 31.3 33.1 35.7 38.4 41.9 43.3 46.0 51.7 39

 40 U.S. equity in IBRD, etc. 0.6 0.7 0.7 0.7 0.7 0.8 1.0 1.1 1.2 1.2 40

 41 Nonofficial foreign currencies 0.9 1.4 2.1 2.4 2.4 2.9 3.2 3.4 3.9 3.9 41

 42 U.S. direct investment abroad (1,2) 19.4 22.5 25.4 27.4 29.8 31.9 34.7 37.3 40.7 44.5 42

 43 Investment by holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 43

 44 Other 2.9 3.3 3.1 2.6 2.8 2.8 3.0 1.4 0.2 2.1 44

 Memo:

 45 Market value of foreign equities 2.4 2.6 2.2 3.1 3.7 4.0 4.9 4.7 5.1 5.3 45

 held by U.S. residents (4)

(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).
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68 Historical Annuals, 1955-1964,

L.107 Financial Business (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 621.4 661.7 710.6 770.3 819.3 873.4 945.5 1003.6 1085.5 1176.7 1

 2 U.S. official reserve assets 21.6 21.9 22.8 20.5 19.4 17.7 16.8 16.0 15.6 15.6 2

 3 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Treasury currency 4.9 4.9 5.0 5.1 5.2 5.2 5.4 5.4 5.4 5.2 4

 5 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Net interbank assets 23.4 24.0 23.8 23.1 23.2 22.3 23.5 24.9 23.9 25.1 6

 7 Checkable deposits and currency 4.9 4.8 5.0 5.2 5.4 5.5 6.0 6.3 6.2 6.3 7

 8 Time and savings deposits 1.0 1.1 1.2 1.4 1.6 1.8 2.1 2.4 2.6 3.0 8

 9 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Federal funds and security RPs 0.7 0.6 0.9 0.4 0.5 0.9 0.6 1.1 0.8 1.4 10

 11 Credit market instruments 387.7 411.3 435.0 470.8 502.2 538.0 580.5 631.8 686.8 748.7 11

 12 Open market paper 0.7 0.8 1.0 1.2 1.3 1.9 2.8 3.0 3.1 3.4 12

 13 Treasury securities 121.6 117.8 115.4 126.6 119.8 121.7 129.6 133.2 133.3 137.1 13

 14 Agency- and GSE-backed securities 3.1 2.8 3.7 4.7 4.3 5.5 6.4 8.2 8.7 9.6 14

 15 Municipal securities 22.8 24.1 26.4 30.5 32.8 34.8 38.7 44.4 48.8 52.4 15

 16 Corporate and foreign bonds 55.4 59.3 65.8 71.4 75.7 80.5 85.8 91.8 98.1 105.4 16

 17 Depository institution loans n.e.c. 39.4 45.1 47.2 48.0 55.1 58.1 60.7 67.1 74.1 82.5 17

 18 Other loans and advances 10.2 10.8 12.6 13.2 16.2 19.6 21.8 23.5 27.2 30.6 18

 19 Mortgages 102.8 115.7 125.4 137.6 153.3 167.4 184.0 205.0 230.4 256.5 19

 20 Consumer credit 31.7 34.9 37.4 37.6 43.7 48.4 50.7 55.6 63.0 71.3 20

 21 Corporate equities 26.9 29.1 29.1 40.3 47.0 51.2 66.1 62.3 76.1 89.3 21

 22 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.4 22

 23 Trade receivables 1.2 1.3 1.5 1.6 1.8 1.9 2.0 2.2 2.3 2.5 23

 24 Security credit 8.6 8.0 7.7 9.2 9.4 9.6 11.8 12.4 15.1 15.0 24

 25 Life insurance reserves 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Miscellaneous assets 140.6 154.7 178.7 192.8 203.7 219.3 230.7 238.6 250.4 264.1 26

 27 Total liabilities 583.1 621.1 669.0 724.3 770.3 820.2 886.8 943.5 1021.3 1108.2 27

 28 Net interbank liabilities 25.2 26.0 25.1 24.2 24.8 24.7 26.3 26.7 25.8 26.6 28

 29 Checkable deposits and currency 145.7 147.6 147.1 153.0 154.4 156.3 162.4 167.7 172.9 181.8 29

 30 Time and savings deposits 113.3 122.7 135.0 151.9 161.6 176.9 197.7 226.3 255.9 286.3 30

 31 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Federal funds and security RPs -2.0 -1.9 -1.9 -2.1 -1.9 -2.1 -2.1 -2.1 -2.6 -2.3 32

 33 Credit market instruments 15.1 17.8 20.7 20.8 27.4 32.3 34.7 39.3 46.4 52.7 33

 34 Open market paper 2.4 2.8 3.6 3.4 4.1 5.8 6.3 7.5 8.7 10.7 34

 35 Agency- and GSE-backed securities 3.1 3.6 5.0 5.1 7.3 8.1 8.8 10.4 12.0 12.6 35

 36 Corporate and foreign bonds 3.2 4.5 5.7 5.6 6.5 9.8 10.5 10.8 12.4 15.5 36

 37 Depository institution loans n.e.c. 5.0 5.3 4.9 5.4 7.2 6.7 6.4 7.0 8.4 8.4 37

 38 Other loans and advances 1.5 1.6 1.3 1.4 2.3 2.0 2.8 3.6 4.8 5.5 38

 39 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 39

 40 Mutual fund shares 7.8 9.0 8.7 13.2 15.8 17.0 22.9 21.3 25.2 29.1 40

 41 Trade payables 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 41

 42 Security credit 6.5 5.8 5.9 6.7 6.7 7.2 8.4 9.2 10.3 11.2 42

 43 Life insurance reserves 63.5 66.6 69.3 72.3 75.6 78.8 82.1 85.8 89.9 94.2 43

 44 Pension entitlements 173.8 192.0 221.3 243.3 262.2 284.5 306.7 317.3 340.3 367.1 44

 45 Taxes payable 1.3 1.5 1.6 1.7 1.4 2.4 1.4 1.9 1.5 1.8 45

 46 Miscellaneous liabilities 32.7 33.8 35.9 39.0 41.9 41.8 46.1 49.7 55.4 59.5 46

 Memo:

 47 Market value of corporate equities 35.1 36.0 31.7 43.2 47.8 51.1 78.5 74.8 87.6 96.0 47

 48 Equity in noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 48

(1) Sum of financial sectors shown on tables L.108 and L.110 through L.130.
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Historical Annuals, 1955-1964, 69

L.108 Monetary Authority (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 53.2 53.8 53.8 53.6 53.7 52.6 54.0 55.7 57.8 61.2 1

 2 U.S. official reserve assets 21.6 21.9 22.8 20.5 19.4 17.7 16.8 16.0 15.6 15.6 2

 3 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Treasury currency 4.9 4.9 5.0 5.1 5.2 5.2 5.4 5.4 5.4 5.2 4

 5 Federal Reserve float (2) 1.6 1.7 1.4 1.3 1.6 1.9 2.3 2.9 2.6 2.6 5

 6 Interbank loans (2) 0.1 0.0 0.1 0.0 0.5 0.0 0.1 0.0 0.0 0.2 6

 7 Discount window (3) 0.1 0.0 0.1 0.0 0.5 0.0 0.1 0.0 0.0 0.2 7

 8 AMLF (4) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Security RPs 0.4 0.3 0.5 0.1 0.1 0.4 0.2 0.4 0.1 0.6 9

 10 Credit market instruments 24.4 24.7 23.8 26.3 26.7 27.0 28.8 30.5 33.7 36.6 10

 11 Open market paper 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.1 0.1 0.1 11

 12 Treasury securities 24.4 24.6 23.7 26.3 26.6 27.0 28.7 30.5 33.6 36.5 12

 13 Treasury bills 7.4 12.7 20.9 20.9 13.1 12.0 4.9 15.6 11.2 6.0 13

 14 Other Treasury securities 17.0 12.0 2.8 5.4 13.5 15.0 23.9 14.9 22.4 30.5 14

 15 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Mortgage-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Other agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Households (TALF) (5) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Rest of world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Brokers and dealers (6) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Funding corporations (Maiden Lane) (7) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Funding corporations (AIG) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Funding corporations (Maiden Lane II) (8) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Funding corporations (Maiden Lane III)(9) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Funding corporations (CPFF) (10) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Corporate equities (11) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

 28 Miscellaneous assets 0.2 0.3 0.3 0.2 0.4 0.3 0.3 0.4 0.4 0.4 28

 29 Nonofficial foreign currencies (12) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Other 0.2 0.3 0.3 0.2 0.4 0.3 0.3 0.4 0.4 0.4 30

 31 Total liabilities 52.4 52.9 52.9 52.6 52.9 51.8 53.1 54.8 56.8 60.7 31

 32 Depository institution reserves 19.0 19.1 19.0 18.5 18.2 17.1 17.4 17.5 17.0 17.9 32

 33 Vault cash of depository institutions 2.7 3.3 3.3 3.2 3.0 3.3 3.7 4.5 4.3 4.5 33

 34 Checkable deposits and currency 30.0 30.1 30.1 30.3 30.8 30.6 31.4 32.1 34.9 36.9 34

 35 Due to federal government 1.2 1.2 1.2 1.0 0.9 0.9 0.9 1.0 1.2 1.6 35

 36 Treasury cash holdings 0.8 0.8 0.8 0.7 0.4 0.4 0.4 0.4 0.4 0.6 36

 37 Treasury general deposit account 0.4 0.4 0.5 0.4 0.5 0.5 0.5 0.6 0.9 1.0 37

 38 Treasury temporary supplementary financing account 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

 39 Due to rest of the world 0.4 0.3 0.4 0.3 0.4 0.2 0.3 0.3 0.2 0.3 39

 40 Due to government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 41 Currency outside banks 28.5 28.5 28.5 28.9 29.6 29.5 30.2 30.8 33.4 35.1 41

 42 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 42

 43 Miscellaneous liabilities 0.6 0.6 0.4 0.6 0.9 0.7 0.6 0.7 0.6 1.3 43

 44 Federal Reserve Bank stock 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.5 0.5 0.5 44

 45 Other 0.3 0.2 0.1 0.2 0.5 0.3 0.2 0.2 0.1 0.8 45

(1) Assets and liabilities of Federal Reserve Banks and Treasury monetary accounts that supply or absorb bank reserves. Excludes the accounts of the Federal Reserve Board.

(2) Shown on table L.203.

(3) Federal Reserve loans extended to domestic banks through term auction credit, primary credit, secondary credit, and seasonal credit.

(4) Federal Reserve loans extended to domestic banks through the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).

(5) Loans extended to financial institutions such as domestic hedge funds through the Term Asset-Backed Securities Loan Facility (TALF).

(6) Loans extended through the Federal Reserve’s Primary Dealer Credit Facility (PDCF) and the AMLF.

(7) Loan extended by the Federal Reserve to Maiden Lane LLC to facilitate the arrangements associated with JPMorgan Chase & Co.’s acquisition of Bear Stearns Companies, Inc.

(8) Loan extended by the Federal Reserve to Maiden Lane II LLC to purchase residential mortgage-backed securities from the U.S. securities lending reinvestment portfolio of AIG subsidiaries.

(9) Loan extended by the Federal Reserve to Maiden Lane III LLC to purchase CDOs on which AIG has written credit default swap contracts.

(10) Loan extended by the Federal Reserve to Commercial Paper Funding Facility LLC.

(11) Preferred interests in AIA Aurora LLC and ALICO Holdings LLC, two limited liability companies created to hold all the outstanding common stock of American International Assurance

 Company Ltd (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.

(12) Reciprocal currency arrangements (swap lines) with foreign central banks.
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70 Historical Annuals, 1955-1964,

L.109 Private Depository Institutions (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 255.9 269.6 282.8 307.4 322.3 342.1 372.5 408.6 444.5 486.5 1

 2 Vault cash 2.7 3.3 3.3 3.2 3.0 3.3 3.7 4.5 4.3 4.5 2

 3 Reserves at Federal Reserve 19.0 19.1 19.0 18.5 18.2 17.1 17.4 17.5 17.0 17.9 3

 4 Credit market instruments 224.6 237.6 250.1 273.8 288.8 308.6 336.6 369.7 404.4 444.1 4

 5 Open market paper 0.5 0.6 0.7 0.9 0.8 1.2 2.2 2.0 2.0 2.5 5

 6 Treasury securities 73.3 70.3 69.6 77.7 70.0 71.2 77.3 77.5 75.0 75.3 6

 7 Agency- and GSE-backed securities 3.1 2.7 3.5 4.4 3.8 4.8 5.5 7.0 7.4 8.1 7

 8 Municipal securities 13.6 13.7 14.8 17.4 17.8 18.4 21.1 26.2 30.5 34.1 8

 9 Corporate and foreign bonds 4.7 4.3 5.0 5.5 5.2 5.2 4.8 4.8 4.1 4.4 9

 10 Depository institution loans n.e.c. 39.4 45.1 47.2 48.0 55.1 58.1 60.7 67.1 74.0 82.4 10

 11 Other loans and advances 0.6 1.0 1.3 1.2 1.2 2.0 2.7 2.7 2.9 3.4 11

 12 Mortgages 69.5 77.9 84.2 93.9 105.7 115.5 128.0 144.8 165.5 185.1 12

 13 Consumer credit 19.9 22.0 23.9 24.9 29.2 32.3 34.4 37.7 42.8 48.9 13

 14 Corporate equities 1.0 1.0 1.0 1.4 1.4 1.3 1.6 1.5 1.8 2.0 14

 15 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Security credit 5.5 4.9 4.9 5.4 5.6 6.0 7.0 7.9 9.0 9.4 16

 17 Life insurance reserves 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Miscellaneous assets 3.1 3.8 4.3 5.0 5.2 5.8 6.1 7.6 8.0 8.6 18

 19 Total liabilities 239.6 252.0 263.8 287.2 300.3 318.4 347.4 382.2 417.6 457.3 19

 20 Net interbank liabilities 3.5 3.7 2.7 2.4 3.6 4.3 5.2 4.8 4.5 4.2 20

 21 Checkable deposits 115.6 117.5 117.0 122.7 123.6 125.7 131.0 135.6 138.0 144.9 21

 22 Small time and savings deposits 106.6 116.2 128.3 142.6 154.1 165.8 184.1 209.9 235.5 261.2 22

 23 Large time deposits 6.7 6.5 6.7 9.3 7.5 11.1 13.5 16.4 20.3 25.1 23

 24 Federal funds and security RPs (net) -0.2 -0.2 -0.3 -0.3 -0.0 -0.3 0.0 0.1 0.0 0.5 24

 25 Credit market instruments 2.1 2.2 2.6 2.5 3.3 4.0 5.4 6.2 7.9 9.5 25

 26 Open market paper 0.6 1.0 1.3 1.2 1.2 2.0 2.7 2.7 2.9 3.4 26

 27 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.8 27

 28 Other loans and advances 1.4 1.2 1.3 1.3 2.1 2.0 2.7 3.5 4.8 5.3 28

 29 Taxes payable (net) 0.6 0.9 1.0 0.9 0.5 1.5 0.6 1.1 0.7 0.9 29

 30 Miscellaneous liabilities 4.8 5.2 5.8 7.0 7.7 6.2 7.6 8.2 10.5 10.9 30

 31 Foreign direct investment in U.S. 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 31

 32 Investment by holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Investment by funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Other 4.5 4.9 5.5 6.8 7.4 5.9 7.2 7.9 10.2 10.5 34

 Memo:

 35 Consumer leases not included above (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

(1) U.S.-chartered depository institutions (L.110), foreign banking offices (L.111), banks in U.S.-affiliated areas (L.112), and credit unions (L.113).

(2) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset.
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Historical Annuals, 1955-1964, 71

L.110 U.S.-Chartered Depository Institutions, Excluding Credit Unions

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 251.2 264.0 276.6 300.5 315.2 333.8 363.5 398.8 433.6 474.1 1

 2 Vault cash 2.7 3.3 3.3 3.2 3.0 3.3 3.7 4.5 4.3 4.5 2

 3 Reserves at Federal Reserve 19.0 19.1 19.0 18.5 18.2 17.1 17.4 17.5 17.0 17.9 3

 4 Credit market instruments 220.5 233.0 245.2 268.4 283.2 302.0 329.0 361.2 395.2 433.8 4

 5 Open market paper 0.5 0.5 0.6 0.8 0.7 1.1 2.0 1.9 1.9 2.3 5

 6 Treasury securities 72.5 69.4 68.7 76.7 69.2 70.3 76.5 76.7 74.2 74.4 6

 7 Agency- and GSE-backed securities 3.1 2.7 3.5 4.4 3.8 4.8 5.5 7.0 7.4 8.0 7

 8 Residential mortgage pass-through securities 0.1 0.1 0.3 0.2 0.3 0.4 0.4 0.5 0.6 0.6 8

 9 Commercial mortgage pass-through securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Residential CMOs and other structured MBS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Commercial CMOs and other structured MBS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Other 3.0 2.6 3.2 4.1 3.5 4.4 5.0 6.5 6.8 7.4 12

 13 Municipal securities 13.3 13.6 14.6 17.2 17.7 18.2 21.0 26.0 30.4 33.9 13

 14 Corporate and foreign bonds 4.4 4.1 4.8 5.3 5.1 5.0 4.7 4.6 3.9 4.3 14

 15 Priv. residential mortgage pass-through securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Priv. commercial mortgage pass-through securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Priv. residential CMOs and other structured MBS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Priv. commercial CMOs and other structured MBS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Other 4.4 4.1 4.8 5.3 5.1 5.0 4.7 4.6 3.9 4.3 19

 20 Depository institution loans n.e.c. 38.9 44.6 46.7 47.5 54.6 57.4 59.7 66.1 73.0 81.3 20

 21 Other loans and advances 0.5 0.8 1.0 1.0 0.9 1.6 2.1 2.1 2.3 2.7 21

 22 Mortgages 68.8 77.1 83.4 93.0 104.9 114.5 126.8 143.4 163.8 183.3 22

 23 Consumer credit 18.5 20.4 21.8 22.5 26.3 28.9 30.7 33.6 38.3 43.4 23

 24 Corporate equities 1.0 1.0 1.0 1.4 1.4 1.3 1.6 1.5 1.8 2.0 24

 25 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Security credit 5.0 4.3 4.2 4.7 4.9 5.1 6.2 7.2 7.9 8.4 26

 27 Life insurance reserves 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

 28 Miscellaneous assets 3.0 3.4 3.8 4.3 4.6 4.9 5.6 7.0 7.3 7.6 28

 29 Total liabilities 234.8 246.3 257.5 280.4 293.4 310.3 338.6 372.7 407.0 445.4 29

 30 Net interbank liabilities 3.3 3.5 2.7 2.6 3.8 4.3 5.5 5.1 4.8 4.7 30

 31 Federal Reserve float 1.6 1.7 1.4 1.3 1.6 1.9 2.3 2.9 2.6 2.6 31

 32 Borrowing from Federal Reserve banks 0.1 0.0 0.1 0.0 0.5 0.0 0.1 0.0 0.0 0.2 32

 33 To domestic banks 1.2 1.3 0.9 1.0 1.4 1.6 2.3 1.5 1.5 1.2 33

 34 To foreign banks 0.5 0.6 0.3 0.2 0.4 0.8 0.8 0.6 0.7 0.8 34

 35 Checkable deposits 114.2 115.9 115.2 120.8 121.9 123.9 128.9 133.5 135.8 141.8 35

 36 Federal government 3.7 3.7 3.9 4.3 5.1 5.9 5.9 7.2 6.5 6.5 36

 37 Rest of the world 1.0 1.3 1.6 1.5 1.5 1.6 2.6 2.7 3.1 3.9 37

 38 Private domestic 109.5 110.9 109.7 115.0 115.4 116.3 120.4 123.6 126.2 131.4 38

 39 Small time and savings deposits 104.1 113.3 124.9 138.7 149.7 160.8 178.5 203.6 228.4 252.9 39

 40 Large time deposits 6.4 6.2 6.5 9.1 7.3 10.8 13.2 16.1 20.0 24.7 40

 41 Federal funds and security RPs (net) -0.2 -0.2 -0.3 -0.3 -0.0 -0.3 0.0 0.1 0.0 0.5 41

 42 Credit market instruments 1.9 2.0 2.3 2.3 3.1 3.6 4.8 5.6 7.4 8.8 42

 43 Open market paper 0.5 0.8 1.1 1.0 0.9 1.6 2.2 2.1 2.3 2.7 43

 44 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.8 44

 45 Other loans and advances 1.4 1.2 1.3 1.3 2.1 2.0 2.7 3.5 4.8 5.3 45

 46 Taxes payable (net) 0.6 0.9 1.0 0.9 0.5 1.5 0.6 1.1 0.7 0.9 46

 47 Miscellaneous liabilities 4.4 4.7 5.3 6.3 7.1 5.7 7.1 7.7 9.9 10.9 47

 48 Investment by holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 48

 49 Other 4.4 4.7 5.3 6.3 7.1 5.7 7.1 7.7 9.9 10.9 49

 Memo:

 50 Consumer leases not included above (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 50

(1) Receivables from operating leases, such as consumer automobile leases, are booked as current income when payments are received and are not included in financial assets (or household liabilities).

 The leased automobile is a nonfinancial asset.
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72 Historical Annuals, 1955-1964,

L.111 Foreign Banking Offices in U.S. (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 2.0 2.4 2.5 2.7 2.8 3.3 3.5 3.6 3.8 4.3 1

 2 Reserves at Federal Reserve 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Credit market instruments 1.6 1.6 1.5 1.5 1.6 1.9 2.4 2.6 2.4 2.6 3

 4 Open market paper 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.2 0.2 4

 5 Treasury securities 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.4 5

 6 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Municipal securities 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 7

 8 Corporate and foreign bonds 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 8

 9 Depository institution loans n.e.c. 0.5 0.5 0.4 0.5 0.6 0.7 1.0 1.0 1.1 1.1 9

 10 Other loans and advances 0.1 0.2 0.3 0.2 0.2 0.4 0.5 0.5 0.6 0.7 10

 11 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Security credit 0.5 0.6 0.7 0.7 0.8 0.8 0.9 0.7 1.1 1.1 13

 14 Miscellaneous assets -0.1 0.2 0.3 0.4 0.4 0.6 0.2 0.3 0.3 0.6 14

 15 Total liabilities 2.1 2.5 2.5 2.8 2.9 3.4 3.6 3.7 3.9 4.4 15

 16 Net interbank liabilities 1.3 1.5 1.6 1.8 1.5 1.9 2.0 2.1 2.3 2.4 16

 17 To foreign banks 1.4 1.6 1.7 1.9 1.7 2.2 2.3 2.4 2.6 2.9 17

 18 To domestic banks -0.1 -0.2 -0.2 -0.2 -0.2 -0.3 -0.3 -0.2 -0.3 -0.5 18

 19 Checkable deposits 0.5 0.6 0.6 0.6 1.0 1.1 1.2 1.2 1.1 1.8 19

 20 Small time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Large time deposits 0.2 0.3 0.2 0.2 0.2 0.3 0.3 0.3 0.4 0.4 21

 22 Federal funds and security RPs (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Open market paper (2) 0.1 0.2 0.3 0.2 0.2 0.4 0.5 0.5 0.6 0.7 23

 24 Miscellaneous liabilities -0.0 -0.1 -0.2 -0.1 -0.1 -0.3 -0.5 -0.5 -0.4 -1.0 24

 25 Foreign direct investment in U.S. 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 25

 26 Investment by funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Other -0.3 -0.3 -0.4 -0.4 -0.4 -0.6 -0.9 -0.8 -0.8 -1.3 27

(1) Branches and agencies of foreign banks, Edge Act and Agreement corporations, New York investment companies (through 1996:Q2), and American Express Bank (through 2008:Q4).

(2) Bankers’ acceptances.
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Historical Annuals, 1955-1964, 73

L.112 Banks in U.S.-Affiliated Areas (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 0.8 0.8 1.0 1.1 0.5 0.6 0.7 0.8 1.0 1.1 1

 2 Credit market instruments 0.5 0.6 0.6 0.7 0.2 0.2 0.3 0.4 0.5 0.5 2

 3 Treasury securities 0.3 0.3 0.3 0.3 0.1 0.1 0.1 0.1 0.2 0.1 3

 4 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Municipal securities 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.1 0.1 5

 6 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Home mortgages 0.1 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.2 0.2 8

 9 Commercial mortgages 0.0 0.1 0.1 0.1 0.0 0.0 0.0 0.1 0.1 0.1 9

 10 Miscellaneous assets 0.3 0.3 0.4 0.4 0.3 0.4 0.4 0.5 0.5 0.6 10

 11 Total liabilities 0.9 1.0 1.2 1.3 0.6 0.7 0.8 0.9 1.1 1.2 11

 12 Net interbank liabilities -0.2 -0.2 -0.2 -0.2 -0.1 -0.1 -0.1 -0.1 -0.1 -0.2 12

 13 Checkable deposits 1.0 1.0 1.2 1.3 0.6 0.7 0.8 0.9 1.1 1.3 13

 14 Small time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Large time deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Miscellaneous liabilities 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 16

(1) Commercial banks and branches of U.S.-chartered depository institutions located in Puerto Rico, the U.S. Virgin Islands, American Samoa, Guam, and other U.S.-affiliated insular areas.

L.113 Credit Unions

Billions of dollars

 1 Total financial assets 1.9 2.3 2.8 3.0 3.7 4.4 4.8 5.4 6.1 7.0 1

 2 Reserves at Federal Reserve 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Credit market instruments 2.0 2.4 2.9 3.1 3.8 4.5 4.9 5.6 6.3 7.2 3

 4 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Treasury securities 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 5

 6 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Home mortgages 0.5 0.6 0.6 0.6 0.8 0.9 1.1 1.2 1.5 1.5 10

 11 Consumer credit 1.3 1.7 2.1 2.3 2.9 3.4 3.6 4.1 4.5 5.4 11

 12 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Miscellaneous assets -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 -0.2 -0.2 -0.2 13

 14 Total liabilities 1.8 2.1 2.5 2.8 3.4 4.0 4.4 4.9 5.6 6.3 14

 15 Net interbank liabilities -0.9 -1.1 -1.3 -1.7 -1.7 -1.8 -2.2 -2.3 -2.5 -2.8 15

 16 Shares/deposits 2.4 2.9 3.4 3.9 4.4 5.0 5.6 6.3 7.2 8.2 16

 17 Checkable 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Small time and savings 2.4 2.9 3.4 3.9 4.4 5.0 5.6 6.3 7.1 8.2 18

 19 Large time 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Federal funds and security RPs (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Miscellaneous liabilities 0.3 0.3 0.4 0.6 0.7 0.8 0.9 0.9 0.9 0.8 22
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74 Historical Annuals, 1955-1964,

L.114 Property-Casualty Insurance Companies

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 19.6 20.2 20.6 23.2 25.1 26.4 29.4 30.5 32.7 35.0 1

 2 Checkable deposits and currency 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.5 1.4 1.4 2

 3 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Credit market instruments 11.5 11.9 12.6 13.4 14.6 15.5 16.5 18.0 18.7 19.5 5

 6 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Treasury securities 6.0 5.7 5.5 5.4 5.6 5.4 5.4 5.4 5.6 5.6 7

 8 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.1 0.2 0.4 0.4 0.5 8

 9 Municipal securities 4.2 4.9 5.6 6.2 7.2 8.1 9.1 9.9 10.6 11.0 9

 10 Corporate and foreign bonds 1.2 1.2 1.4 1.5 1.6 1.7 1.7 2.1 2.0 2.4 10

 11 Commercial mortgages 0.2 0.2 0.2 0.2 0.1 0.1 0.2 0.1 0.1 0.1 11

 12 Corporate equities 5.4 5.6 5.2 6.7 7.2 7.5 9.3 8.6 10.0 11.4 12

 13 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Trade receivables 1.2 1.3 1.5 1.6 1.8 1.9 2.0 2.2 2.3 2.5 14

 15 Miscellaneous assets 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 15

 16 Total liabilities 11.6 12.3 13.4 14.3 15.5 16.4 17.3 17.9 19.0 20.3 16

 17 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Taxes payable (net) 0.2 0.0 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.0 18

 19 Miscellaneous liabilities 11.5 12.2 13.2 14.2 15.3 16.3 17.2 17.8 18.9 20.3 19

L.115 Life Insurance Companies

Billions of dollars

 1 Total financial assets 87.9 93.2 98.2 104.3 110.0 115.8 122.8 129.2 136.8 144.9 1

 2 Checkable deposits and currency 1.3 1.3 1.3 1.4 1.3 1.3 1.4 1.5 1.5 1.5 2

 3 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Credit market instruments 80.5 85.6 90.5 95.5 100.5 105.6 110.9 116.9 123.3 130.3 5

 6 Open market paper 0.0 0.0 0.0 0.0 0.1 0.3 0.2 0.3 0.4 0.2 6

 7 Treasury securities 8.6 7.6 7.0 7.2 6.9 6.4 6.1 6.2 5.8 5.6 7

 8 Agency- and GSE-backed securities 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 8

 9 Municipal securities 2.0 2.3 2.4 2.7 3.2 3.6 3.9 4.0 3.9 3.8 9

 10 Corporate and foreign bonds 37.1 39.3 42.0 44.4 46.4 48.1 50.6 53.1 55.9 58.2 10

 11 Other loans and advances 3.3 3.5 3.9 4.2 4.6 5.2 5.7 6.2 6.7 7.1 11

 12 Mortgages 29.4 33.0 35.2 37.1 39.2 41.8 44.2 46.9 50.5 55.2 12

 13 Corporate equities 3.6 3.5 3.4 4.1 4.6 5.0 6.3 6.3 7.1 7.8 13

 14 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 14

 15 Miscellaneous assets 2.5 2.8 3.0 3.3 3.6 3.9 4.3 4.6 4.9 5.3 15

 16 Total liabilities 82.4 87.4 92.3 97.5 103.1 108.5 114.2 120.3 126.8 134.0 16

 17 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Life insurance reserves 63.5 66.6 69.3 72.3 75.6 78.8 82.1 85.8 89.9 94.2 19

 20 Pension entitlements (1) 11.3 12.5 14.1 15.6 17.6 18.9 20.3 21.6 23.3 25.3 20

 21 Taxes payable (net) 0.2 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.6 21

 22 Miscellaneous liabilities 7.3 8.0 8.6 9.3 9.5 10.5 11.5 12.4 13.2 14.0 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).
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Historical Annuals, 1955-1964, 75

L.116 Private and Public Pension Funds (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets (2) 162.3 179.3 207.1 227.5 244.3 265.4 286.1 295.3 316.5 341.3 1

 2 Checkable deposits and currency 0.6 0.6 0.7 0.7 0.8 0.8 0.9 1.0 1.1 1.2 2

 3 Time and savings deposits 0.6 0.8 0.9 1.0 1.2 1.4 1.6 1.9 2.2 2.5 3

 4 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Security RPs 0.1 0.2 0.2 0.2 0.2 0.3 0.3 0.4 0.4 0.5 5

 6 Credit market instruments 21.6 24.4 27.8 31.1 34.7 38.6 42.2 46.1 50.4 55.5 6

 7 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Treasury securities 7.6 7.7 7.5 7.5 8.1 8.1 8.2 8.7 9.2 9.7 8

 9 Agency- and GSE-backed securities 0.1 0.1 0.2 0.2 0.3 0.5 0.6 0.7 0.7 0.9 9

 10 Corporate and foreign bonds 10.5 12.6 15.4 18.0 20.1 22.8 25.7 28.8 32.3 36.2 10

 11 Mortgages 0.6 0.8 1.1 1.5 2.0 2.8 3.5 4.1 4.8 5.8 11

 12 Corporate equities 6.3 7.3 7.8 12.0 15.0 17.1 23.8 22.9 29.2 35.7 12

 13 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.3 13

 14 Miscellaneous assets 133.0 146.1 169.8 182.5 192.4 207.2 217.3 222.9 233.2 245.5 14

 15 Claims of pension fund on sponsor (3) 121.8 133.7 156.7 168.4 177.1 190.7 199.5 203.6 212.3 222.3 15

 16 Other 0.9 1.2 1.3 1.4 1.6 1.9 2.0 2.6 2.8 3.8 16

 17 Pension entitlements (liabilities) (4) 162.4 179.5 207.2 227.7 244.6 265.7 286.5 295.7 317.0 341.8 17

 Memo:

 Funded status of defined benefit plans:

 18 Pension entitlements 158.1 174.4 201.6 220.9 236.7 256.8 275.9 284.6 304.1 326.6 18

 19 Funded by assets (5) 36.3 40.7 44.9 52.5 59.5 66.1 76.4 81.0 91.8 104.3 19

 20 Unfunded (line 15) 121.8 133.7 156.7 168.4 177.1 190.7 199.5 203.6 212.3 222.3 20

 21 Household retirement assets (6) ND ND ND ND ND ND ND ND ND ND 21

 22 Defined benefit plans (7) 157.9 174.3 201.5 220.7 236.4 256.5 275.5 284.2 303.7 326.1 22

 23 Defined contibution plans (8) 4.4 5.1 5.6 6.8 7.9 8.9 10.6 11.1 12.9 15.2 23

 24 Individual retirement plans (IRAs) (9) ND ND ND ND ND ND ND ND ND ND 24

 25 Annuities at life insurance companies (10) ND ND ND ND ND ND ND ND ND ND 25

(1) Private pension funds, state and local government employee retirement funds, and federal government retirement funds defined benefit plans and defined contribution plans (including 401(k) type plans).

(2) Includes claims on sponsor (i.e., unfunded defined benefit pension entitlements).

(3) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(4) Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.

(5) Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.

(6) Households’ retirement assets in tax-deferred accounts, including employer sponsored pension plans, IRAs, Roth IRAs, and annuities.

(7) Additional detail on private defined benefit plans is available on table L.117.b.

(8) Additional detail on private defined contribution plans is available on table L.117.c.

(9) IRA assets are not included above. See table L.226.i for a sectoral distribution of IRA accounts.

(10) Annuities held in IRAs at life insurance companies are excluded. They are included in line 21.
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76 Historical Annuals, 1955-1964,

L.117 Private Pension Funds (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets (2) 51.3 56.4 63.6 69.5 76.4 81.7 85.9 87.5 91.4 97.3 1

 2 Checkable deposits and currency 0.4 0.4 0.5 0.5 0.5 0.5 0.7 0.7 0.8 0.9 2

 3 Time and savings deposits 0.6 0.8 0.9 1.0 1.2 1.4 1.6 1.9 2.2 2.5 3

 4 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Security RPs 0.1 0.2 0.2 0.2 0.2 0.3 0.3 0.4 0.4 0.5 5

 6 Credit market instruments 11.2 12.7 14.5 16.2 17.9 19.7 21.2 22.9 24.8 27.2 6

 7 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Treasury securities 3.0 2.8 2.5 2.5 2.6 2.4 2.4 2.6 2.7 2.7 8

 9 Agency- and GSE-backed securities 0.0 0.0 0.1 0.1 0.2 0.3 0.3 0.3 0.4 0.5 9

 10 Corporate and foreign bonds 7.9 9.5 11.3 12.8 14.1 15.7 16.9 18.1 19.6 21.2 10

 11 Mortgages 0.3 0.4 0.6 0.7 1.0 1.3 1.6 1.9 2.2 2.8 11

 12 Corporate equities 6.1 7.1 7.5 11.6 14.5 16.5 22.9 21.9 27.7 33.7 12

 13 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.3 13

 14 Miscellaneous assets 32.9 35.3 40.1 40.1 42.0 43.3 39.3 39.6 35.4 32.1 14

 15 Unallocated insurance contracts (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Contributions receivable 0.3 0.3 0.4 0.5 0.5 0.6 0.7 0.8 0.9 1.0 16

 17 Claims of pension fund on sponsor (4) 31.7 33.8 38.4 38.2 39.9 40.8 36.5 36.3 31.7 27.3 17

 18 Other 0.9 1.2 1.3 1.4 1.6 1.9 2.0 2.6 2.8 3.8 18

 19 Pension entitlements (liabilities) (5) 51.5 56.5 63.7 69.7 76.7 82.0 86.2 87.9 91.8 97.8 19

 Memo:

 Funded status of defined benefit plans:

 20 Pension entitlements ND ND ND ND ND ND ND ND ND ND 20

 21 Funded by assets (6) 15.4 17.7 19.8 24.6 28.8 32.3 39.1 40.5 47.3 55.3 21

 22 Unfunded (line 17) 31.7 33.8 38.4 38.2 39.9 40.8 36.5 36.3 31.7 27.3 22

 Total financial assets (7)

 23 Defined benefit plans ND ND ND ND ND ND ND ND ND ND 23

 24 Defined contibution plans ND ND ND ND ND ND ND ND ND ND 24

(1) Private defined benefit plans and defined contribution plans (including 401(k) type plans).

(2) Includes claims on sponsor (i.e., unfunded pension entitlements).

(3) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.

(4) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(5) Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.

(6) Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.

(7) Additional detail on defined benefit plans and defined contribution plans is available on L.117.b and L.117.c.
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Historical Annuals, 1955-1964, 77

L.118 State and Local Government Employee Retirement Funds (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets (2) 32.0 35.8 39.7 44.4 44.1 49.1 54.4 50.0 54.6 60.1 1

 2 Checkable deposits and currency 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 2

 3 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Credit market instruments 10.5 11.7 13.3 15.0 16.8 18.9 21.1 23.2 25.6 28.3 6

 7 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Treasury securities 4.7 4.9 5.1 5.0 5.5 5.7 5.8 6.1 6.5 7.0 8

 9 Agency- and GSE-backed securities 0.1 0.1 0.1 0.1 0.1 0.2 0.3 0.4 0.3 0.4 9

 10 Municipal securities 2.7 3.1 3.5 4.0 4.3 4.4 4.3 3.8 3.3 2.9 10

 11 Corporate and foreign bonds 2.7 3.2 4.0 5.1 6.0 7.1 8.9 10.7 12.8 14.9 11

 12 Mortgages 0.3 0.4 0.5 0.7 1.0 1.5 1.9 2.2 2.6 3.1 12

 13 Corporate equities 0.2 0.2 0.3 0.4 0.5 0.6 0.9 1.0 1.5 2.0 13

 14 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Miscellaneous assets 21.2 23.8 25.9 28.8 26.5 29.4 32.1 25.5 27.3 29.5 15

 16 Claims of pension fund on sponsor (3) 21.2 23.8 25.9 28.8 26.5 29.4 32.1 25.5 27.3 29.5 16

 17 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Pension entitlements (liabilities) (4) 32.0 35.8 39.7 44.4 44.1 49.1 54.4 50.0 54.6 60.1 18

 Memo:

 Funded status of defined benefit plans:

 19 Pension entitlements 32.0 35.8 39.7 44.4 44.1 49.1 54.4 50.0 54.6 60.1 19

 20 Funded by assets (5) 10.8 12.1 13.8 15.6 17.6 19.7 22.3 24.5 27.4 30.6 20

 21 Unfunded (line 16) 21.2 23.8 25.9 28.8 26.5 29.4 32.1 25.5 27.3 29.5 21

(1) Defined benefit plans.

(2) Includes claims on sponsor (i.e., unfunded pension entitlements).

(3) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(4) Actuarial value of accrued defined benefit pension entitlements. These liabilities are assets of the household sector.

(5) Total defined benefit financial assets plus nonfinancial assets less claims of pension fund on sponsor.

L.119 Federal Government Employee Retirement Funds

Billions of dollars

 1 Total financial assets (1) 79.0 87.1 103.8 113.6 123.9 134.6 145.9 157.9 170.5 183.9 1

 2 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Miscellaneous assets (2) 79.0 87.1 103.8 113.6 123.9 134.6 145.9 157.9 170.5 183.9 7

 8 Nonmarketable Treasury securities 10.0 10.9 11.3 12.3 13.2 14.1 15.0 16.0 17.2 18.4 8

 9 Claims of pension fund on sponsor (3) 69.0 76.2 92.5 101.4 110.7 120.5 130.9 141.9 153.4 165.5 9

 10 Pension entitlements (liabilities) (4) 79.0 87.1 103.8 113.6 123.9 134.6 145.9 157.9 170.5 183.9 10

 Memo:

 Funded status of defined benefit plans:

 11 Pension entitlements 79.0 87.1 103.8 113.6 123.9 134.6 145.9 157.9 170.5 183.9 11

 12 Funded by assets (5) 10.0 10.9 11.3 12.3 13.2 14.1 15.0 16.0 17.2 18.4 12

 13 Unfunded (line 9) 69.0 76.2 92.5 101.4 110.7 120.5 130.9 141.9 153.4 165.5 13

 Total financial assets

 14 Defined benefit plans (6) 79.0 87.1 103.8 113.6 123.9 134.6 145.9 157.9 170.5 183.9 14

 15 Defined contibution plans (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

(1) Includes claims on sponsor (i.e., unfunded pension entitlements).

(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) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(4) Actuarial value of accrued pension entitlements in defined benefit plans and assets of defined contribution plans. These liabilities are assets of the household sector.

(5) Total defined benefit financial assets less claims of pension fund on sponsor.

(6) Includes the Thrift Savings Plan and the National Railroad Retirement Investment Trust.
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78 Historical Annuals, 1955-1964,

L.120 Money Market Mutual Funds (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Checkable deposits and currency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Total shares outstanding (liabilities) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance sector (table L.115).

L.121 Mutual Funds (1)

Billions of dollars

 1 Total financial assets 7.8 9.0 8.7 13.2 15.8 17.0 22.9 21.3 25.2 29.1 1

 2 Security RPs 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 2

 3 Credit market instruments 0.8 1.1 1.2 1.5 1.8 2.0 2.4 2.6 2.8 3.2 3

 4 Open market paper 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 4

 5 Treasury securities 0.3 0.3 0.3 0.4 0.6 0.6 0.7 0.7 0.7 0.8 5

 6 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Corporate and foreign bonds 0.5 0.7 0.8 0.9 1.1 1.2 1.6 1.6 1.8 2.1 8

 9 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Corporate equities 6.9 7.9 7.4 11.7 13.9 14.8 20.3 18.3 22.1 25.6 10

 11 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Total shares outstanding (liabilities) 7.8 9.0 8.7 13.2 15.8 17.0 22.9 21.3 25.2 29.1 12

(1) Open-end investment companies; excludes funding vehicles for variable annuities, which are included in the life insurance sector (table L.115).

L.122 Closed-End and Exchange-Traded Funds

Billions of dollars

 Closed-end funds

 1 Total financial assets 3.5 3.9 4.4 5.0 5.5 6.4 6.1 5.7 7.3 7.9 1

 2 Credit market instruments 0.7 0.8 0.9 1.0 1.2 1.4 1.4 1.4 1.8 2.1 2

 3 Treasury securities 0.2 0.2 0.2 0.2 0.3 0.4 0.4 0.4 0.5 0.6 3

 4 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Corporate and foreign bonds 0.5 0.6 0.7 0.7 0.8 1.0 1.0 1.0 1.3 1.5 5

 6 Corporate equities 2.8 3.1 3.5 4.0 4.4 5.0 4.7 4.4 5.5 5.8 6

 7 Total shares outstanding (liabilities) 3.5 3.9 4.4 5.0 5.5 6.4 6.1 5.7 7.3 7.9 7

 Exchange-traded funds

 8 Total financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Total shares outstanding (liabilities) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14
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Historical Annuals, 1955-1964, 79

L.123 Government-Sponsored Enterprises (GSEs) (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 5.5 6.5 7.8 8.1 10.4 11.6 12.7 14.4 15.9 16.6 1

 2 Checkable deposits and currency 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 2

 3 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Federal funds and security RPs (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Credit market instruments 5.0 6.0 7.3 7.7 9.9 11.1 12.1 13.7 15.3 16.0 5

 6 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Treasury securities 0.9 1.2 1.1 1.3 1.4 1.5 1.4 1.8 2.2 1.7 7

 8 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 8

 9 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Other loans and advances 2.5 2.4 2.7 3.0 4.1 4.1 5.0 6.1 7.7 8.5 11

 12 Sallie Mae 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Farm Credit System 1.1 1.2 1.4 1.7 2.0 2.2 2.3 2.6 2.9 3.2 13

 14 FHLB 1.4 1.2 1.3 1.3 2.1 2.0 2.7 3.5 4.8 5.3 14

 15 Mortgages 1.6 2.4 3.6 3.5 4.4 5.5 5.7 5.9 5.4 5.7 15

 16 Home 0.1 0.6 1.6 1.4 2.0 2.9 2.9 2.8 2.0 2.0 16

 17 Consolidated trusts (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Other 0.1 0.6 1.6 1.4 2.0 2.9 2.9 2.8 2.0 2.0 18

 19 Multifamily residential 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Consolidated trusts (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Farm 1.5 1.7 1.9 2.1 2.4 2.6 2.8 3.1 3.3 3.7 22

 23 Consumer credit (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Miscellaneous assets 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 24

 25 Total liabilities 5.1 6.1 7.3 7.7 9.9 11.1 12.2 13.8 15.2 15.9 25

 26 Credit market instruments 3.1 3.8 4.9 5.0 7.3 7.9 8.6 10.1 11.5 12.1 26

 27 GSE issues (4) 3.0 3.4 4.8 4.9 7.1 7.9 8.5 10.0 11.5 11.9 27

 28 Consolidated trusts (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Other 3.0 3.4 4.8 4.9 7.1 7.9 8.5 10.0 11.5 11.9 29

 30 U.S. government loans 0.1 0.4 0.1 0.1 0.1 0.0 0.1 0.1 0.0 0.1 30

 31 Miscellaneous liabilities 2.0 2.3 2.4 2.7 2.7 3.2 3.6 3.7 3.7 3.8 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.124) are consolidated on Fannie Mae’s and

 Freddie Mac’s 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.

L.124 Agency- and GSE-Backed Mortgage Pools (1)

Billions of dollars

 1 Total financial assets 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.4 0.5 0.6 1

 2 Home mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Multifamily residential mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Commercial mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Farm mortgages 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.4 0.5 0.6 5

 6 Total pool securities (liabilities)(2) 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.4 0.5 0.6 6

(1) GNMA, Fannie Mae, Freddie Mac, Farmer Mac, and Farmers Home Administration pools. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools are consolidated on Fannie

 Mae’s and Freddie Mac’s balance sheets (table L.123). Also includes agency- and GSE-backed mortgage pool securities which are used as collateral for agency- and GSE-backed CMOs and privately

 issued CMOs. Excludes Federal Financing Bank holdings of pool securities, which are included with federal government mortgages and other loans and advances.

(2) Such issues are classified as agency- and GSE-backed securities.
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80 Historical Annuals, 1955-1964,

L.125 Issuers of Asset-Backed Securities (ABS)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Agency- and GSE-backed securities (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Mortgages (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Home 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Multifamily residential 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Commercial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Consumer credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Trade credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Total liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Commercial paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Corporate bonds (net) (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 Memo:

 Securitized assets not included above

 14 Consumer leases (4) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 REIT assets (5) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 Securitized liabilities not included above

 16 Commercial paper (6) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 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.127.

(6) Included in table L.110 line 43.

L.126 Finance Companies (1)

Billions of dollars

 1 Total financial assets 19.6 20.5 21.5 21.7 25.6 29.1 31.0 33.8 38.8 43.4 1

 2 Checkable deposits and currency 1.0 1.0 1.0 1.0 1.2 1.3 1.4 1.5 1.4 1.3 2

 3 Time and savings deposits 0.3 0.3 0.3 0.3 0.4 0.4 0.5 0.5 0.5 0.4 3

 4 Credit market instruments 17.0 18.0 19.3 19.0 22.4 25.9 27.0 29.2 33.7 37.9 4

 5 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Other loans and advances 3.8 3.8 4.8 4.9 6.3 8.2 8.4 8.6 10.0 11.6 6

 7 Mortgages 1.4 1.3 0.9 1.4 1.6 1.6 2.2 2.7 3.5 3.9 7

 8 Consumer credit 11.8 12.8 13.5 12.7 14.5 16.1 16.3 17.9 20.2 22.4 8

 9 Miscellaneous assets 1.3 1.2 0.8 1.3 1.5 1.5 2.1 2.5 3.4 3.7 9

 10 Total liabilities 15.5 16.3 17.5 17.5 21.6 24.3 25.2 28.4 33.8 38.5 10

 11 Credit market instruments 9.9 11.6 13.0 13.1 16.7 20.2 20.4 22.6 26.4 30.5 11

 12 Open market paper 1.7 1.9 2.3 2.2 2.9 3.7 3.6 4.8 5.8 7.3 12

 13 Corporate bonds 3.2 4.5 5.7 5.6 6.5 9.8 10.5 10.8 12.2 14.8 13

 14 Depository institution loans n.e.c. 5.0 5.3 4.9 5.4 7.2 6.7 6.4 7.0 8.4 8.4 14

 15 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Taxes payable 0.3 0.3 0.3 0.2 0.3 0.3 0.3 0.3 0.3 0.2 16

 17 Miscellaneous liabilities 5.3 4.4 4.3 4.2 4.7 3.8 4.5 5.5 7.2 7.9 17

 18 Foreign direct investment in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Investment by parent 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Other 5.3 4.3 4.3 4.2 4.6 3.8 4.4 5.5 7.1 7.8 20

 Memo:

 21 Consumer leases not included above (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

(1) Includes retail captive finance companies and mortgage companies.

(2) See footnote (4), table L.125.
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Historical Annuals, 1955-1964, 81

L.127 Real Estate Investment Trusts (REITs) (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Checkable deposits and currency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Home 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Multifamily residential 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Commercial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Total liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Miscellaneous liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 Memo:

 19 Securitized assets included above 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Home mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Multifamily residential mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Commercial mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

(1) Additional detail on financial assets and liabilities for equity and mortgage REITs is available on L.127.e and L.127.m.
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82 Historical Annuals, 1955-1964,

L.128 Security Brokers and Dealers

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 5.9 5.3 5.5 6.1 6.2 6.7 7.6 8.4 9.2 9.9 1

 2 Checkable deposits and currency 0.5 0.5 0.5 0.6 0.6 0.6 0.7 0.6 0.7 0.7 2

 3 Credit market instruments 1.4 1.0 1.4 1.2 1.2 1.9 2.0 3.0 1.9 2.7 3

 4 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Treasury securities 0.3 0.2 0.4 0.6 0.4 1.0 1.3 2.0 0.7 1.4 5

 6 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Municipal securities 0.3 0.1 0.2 0.2 0.3 0.4 0.3 0.5 0.5 0.7 7

 8 Corporate and foreign bonds 0.8 0.6 0.7 0.4 0.5 0.5 0.4 0.5 0.7 0.6 8

 9 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Corporate equities 0.9 0.7 0.8 0.5 0.6 0.5 0.2 0.3 0.5 0.9 10

 11 Security credit 3.1 3.1 2.8 3.8 3.8 3.6 4.7 4.6 6.1 5.6 11

 12 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Total liabilities 6.0 5.4 5.6 6.2 6.2 6.7 7.6 8.4 9.1 9.8 13

 14 Security RPs (net) -1.8 -1.7 -1.6 -1.8 -1.9 -1.8 -2.1 -2.1 -2.6 -2.8 14

 15 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Depository institution loans n.e.c. (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Trade payables 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 18

 19 Security credit 6.5 5.8 5.9 6.7 6.7 7.2 8.4 9.2 10.3 11.2 19

 20 Customer credit balances (HH) 1.0 1.0 1.0 1.3 1.1 1.2 1.3 1.3 1.3 1.8 20

 21 From U.S.-chartered depository institutions 5.0 4.3 4.2 4.7 4.9 5.1 6.2 7.2 7.9 8.4 21

 22 From foreign banking offices in U.S. 0.5 0.6 0.7 0.7 0.8 0.8 0.9 0.7 1.1 1.1 22

 23 Taxes payable 0.0 0.0 0.0 0.0 0.1 0.0 0.1 0.0 0.1 0.1 23

 24 Miscellaneous liabilities 1.1 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 24

 25 Foreign direct investment in U.S. 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 25

 26 Investment by funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Other 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 27

(1) Loans extended through the Federal Reserve’s Primary Dealer Credit Facility (PDCF) and the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF).
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Historical Annuals, 1955-1964, 83

L.129 Holding Companies (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Federal funds and security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Life insurance reserves 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Net trans. with depository subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Net trans. with property-casualty ins. co. subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Net trans. with life insurance company subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Net trans. with finance company subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Net trans. with broker and dealer subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Net trans. with foreign subs. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Total liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Federal funds and security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Commercial paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Miscellaneous liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

(1) Parent only bank holding companies and savings and loan holding companies that file the Federal Reserve Board form FR Y-9LP, FR Y-9SP, or FR 2320.
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84 Historical Annuals, 1955-1964,

L.130 Funding Corporations (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 1

 2 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Credit market instruments 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 4

 5 Open market paper 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 5

 6 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Other loans and advances 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Corporate equities (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Investment in foreign banking offices 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Investment in brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Total liabilities 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 12

 13 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Depository institution loans n.e.c. (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Other loans and advances (4) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Miscellaneous liabilities 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 18

 19 Foreign direct investment in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Securities loaned (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Equity interest under PPIP 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Other (net) 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 22

(1) Funding subsidiaries, custodial accounts for reinvested collateral of securities lending operations, Federal Reserve lending facilities,

 and funds associated with the Public-Private Investment Program (PPIP).

(2) Common stock of American International Assurance Company Ltd. (AIA) and American Life Insurance Company (ALICO), two life insurance subsidiaries of AIG.

(3) Loans extended by the Federal Reserve to Maiden Lane LLC, Maiden Lane II LLC, Maiden Lane III LLC, Commercial Paper Funding Facility LLC, and American International Group (AIG).

(4) Loans extended by the federal government to the Term Asset-Backed Securities Loan Facility (TALF) and to funds associated with PPIP.
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Historical Annuals, 1955-1964, 85

L.200 U.S. Official Reserve Assets and SDR Allocations (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 1.0 1.6 2.0 2.0 2.0 1.6 1.8 1.2 1.2 1.2 1

 2 Federal government: SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Rest of the world 1.0 1.6 2.0 2.0 2.0 1.6 1.8 1.2 1.2 1.2 3

 4 SDR holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Reserve position in IMF (net) 1.0 1.6 2.0 2.0 2.0 1.6 1.7 1.1 1.0 0.8 5

 6 Foreign currency holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.2 0.4 6

 7 Total assets 22.8 23.7 24.8 22.5 21.5 19.4 18.8 17.2 16.8 16.7 7

 8 Federal government 1.2 1.8 2.1 2.0 2.1 1.7 1.9 1.2 1.2 1.0 8

 9 Monetary gold (2) 0.1 0.1 0.1 0.0 0.1 0.0 0.1 0.1 0.1 0.1 9

 10 SDR holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Reserve position in IMF (net) 1.1 1.7 2.0 2.0 2.1 1.7 1.7 1.1 1.1 0.8 11

 12 Foreign currency holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.1 0.1 12

 13 Rest of the world: SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Monetary authority 21.6 21.9 22.8 20.5 19.4 17.7 16.8 16.0 15.6 15.6 14

 15 Monetary gold (2) 21.7 21.9 22.8 20.5 19.5 17.8 16.9 16.0 15.5 15.4 15

 16 Reserve position in IMF (net) -0.1 -0.1 -0.0 -0.0 -0.1 -0.1 -0.0 -0.0 -0.1 -0.0 16

 17 Foreign currency holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.2 0.3 17

 18 Discrepancy: monetary gold -21.8 -22.1 -22.9 -20.6 -19.5 -17.8 -16.9 -16.1 -15.6 -15.5 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.

L.201 Special Drawing Rights (SDRs) Certificates and Treasury Currency

Billions of dollars

 SDR certificates:

 1 Liab: Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Asset: Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 Treasury currency:

 3 Liab: Federal government 2.5 2.5 2.6 2.6 2.6 2.7 2.7 2.8 2.8 2.8 3

 4 Asset: Monetary authority 4.9 4.9 5.0 5.1 5.2 5.2 5.4 5.4 5.4 5.2 4

 5 Discrepancy (seigniorage) -2.3 -2.4 -2.4 -2.5 -2.5 -2.6 -2.7 -2.7 -2.6 -2.4 5

L.202 U.S. Deposits in Foreign Countries

Billions of dollars

 1 Total rest of the world liability 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.8 0.7 1.1 1

 Held by:

 2 Household sector 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Nonfinancial corporate business 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.8 0.7 1.1 3

 4 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Discrepancy--unallocated assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5
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86 Historical Annuals, 1955-1964,

L.203 Net Interbank Transactions

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 25.2 26.0 25.1 24.2 24.8 24.7 26.3 26.7 25.8 26.6 1

 2 Monetary authority 21.7 22.3 22.4 21.8 21.2 20.4 21.1 22.0 21.3 22.4 2

 3 U.S.-chartered depository institutions 3.3 3.5 2.7 2.6 3.8 4.3 5.5 5.1 4.8 4.7 3

 4 Foreign banking offices in U.S. 1.3 1.5 1.6 1.8 1.5 1.9 2.0 2.1 2.3 2.4 4

 5 Banks in U.S.-affiliated areas -0.2 -0.2 -0.2 -0.2 -0.1 -0.1 -0.1 -0.1 -0.1 -0.2 5

 6 Credit unions -0.9 -1.1 -1.3 -1.7 -1.7 -1.8 -2.2 -2.3 -2.5 -2.8 6

 7 Total assets 25.2 26.2 25.8 25.2 25.4 25.3 26.6 27.9 27.2 28.9 7

 8 Rest of the world 1.8 2.2 2.0 2.1 2.1 3.0 3.1 3.0 3.2 3.7 8

 9 Monetary authority 1.7 1.7 1.5 1.3 2.0 1.9 2.4 2.9 2.6 2.8 9

 10 U.S.-chartered depository institutions 21.7 22.3 22.4 21.8 21.2 20.4 21.1 22.0 21.3 22.4 10

 11 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Discrepancy -0.1 -0.2 -0.7 -1.0 -0.6 -0.6 -0.3 -1.2 -1.4 -2.2 13

 Memo:

 Vault cash:

 14 Liab.: Monetary authority 2.7 3.3 3.3 3.2 3.0 3.3 3.7 4.5 4.3 4.5 14

 15 Asset: U.S.-chartered depository institutions 2.7 3.3 3.3 3.2 3.0 3.3 3.7 4.5 4.3 4.5 15

 Depository institution reserves:

 16 Liab.: Monetary authority 19.0 19.1 19.0 18.5 18.2 17.1 17.4 17.5 17.0 17.9 16

 17 Asset: U.S.-chartered depository institutions 19.0 19.1 19.0 18.5 18.2 17.1 17.4 17.5 17.0 17.9 17

 18 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 Other transactions with the monetary authority

 20 Liab: U.S.-chartered depository institutions 1.7 1.7 1.5 1.3 2.0 1.9 2.4 2.9 2.6 2.8 20

 21 Asset: Monetary authority 1.7 1.7 1.5 1.3 2.0 1.9 2.4 2.9 2.6 2.8 21

 22 Federal Reserve float 1.6 1.7 1.4 1.3 1.6 1.9 2.3 2.9 2.6 2.6 22

 23 Loans to member banks 0.1 0.0 0.1 0.0 0.5 0.0 0.1 0.0 0.0 0.2 23

 Transactions with banks in foreign countries (net):

 24 Liab.: U.S.-chartered depository institutions (net) 0.6 0.6 0.3 0.3 0.5 0.9 1.0 0.9 1.0 1.1 24

 25 Due to foreign affiliates 0.6 0.6 0.3 0.3 0.5 0.9 1.0 0.9 1.0 1.1 25

 26 - Due from foreign affiliates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Foreign banking offices in U.S. (net) 1.4 1.7 1.7 2.0 1.7 2.2 2.3 2.4 2.6 3.0 27

 28 Due to foreign affiliates 1.7 2.0 2.1 2.4 2.2 2.7 2.9 2.9 3.2 3.6 28

 29 - Due from foreign affiliates 0.3 0.4 0.4 0.4 0.4 0.5 0.5 0.6 0.6 0.7 29

 30 Less: Deposits at foreign banks 0.1 0.1 0.1 0.1 0.1 0.2 0.3 0.3 0.4 0.4 30

 31 U.S.-chartered depository institutions 0.1 0.1 0.1 0.1 0.1 0.1 0.3 0.2 0.3 0.3 31

 32 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Asset: Rest of the world (1) 1.8 2.2 2.0 2.1 2.1 3.0 3.1 3.0 3.2 3.7 33

 Transactions between U.S. depository institutions (net) (2):

 34 U.S.-chartered depository institutions (net) 1.2 1.3 0.9 1.0 1.4 1.6 2.3 1.5 1.5 1.2 34

 35 Due to (3): 1.2 1.3 1.0 1.1 1.5 1.6 2.3 1.6 1.6 1.3 35

 36 Foreign banking offices in U.S. 0.2 0.2 0.2 0.2 0.2 0.3 0.4 0.3 0.4 0.6 36

 37 Banks in U.S.-affiliated areas 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.2 37

 38 Credit unions 0.9 1.1 1.3 1.7 1.7 1.8 2.2 2.3 2.5 2.8 38

 39 - Due from: Foreign banking offices in U.S. 0.0 0.1 0.1 0.1 0.1 0.0 0.1 0.1 0.1 0.1 39

 40 Unallocated (2) -0.1 -0.2 -0.7 -1.0 -0.6 -0.6 -0.3 -1.2 -1.4 -2.2 40

(1) Sum of lines 24 and 27 less line 30.

(2) Interbank transactions between U.S. banks should net to zero and thus are not shown in lines 1 through 12 above. However, the unallocated amount (line 40), which is due to inconsistencies

 in source data, appears on line 13 as the discrepancy between liabilities and assets.

(3) Sum of lines 36, 37, 38, and 40.
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Historical Annuals, 1955-1964, 87

L.204 Checkable Deposits and Currency

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 145.7 147.6 147.1 153.0 154.4 156.3 162.4 167.7 172.9 181.8 1

 2 Monetary authority 30.0 30.1 30.1 30.3 30.8 30.6 31.4 32.1 34.9 36.9 2

 3 Federal government cash and deposits 1.2 1.2 1.2 1.0 0.9 0.9 0.9 1.0 1.2 1.6 3

 4 Due to government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Deposits due to foreign 0.4 0.3 0.4 0.3 0.4 0.2 0.3 0.3 0.2 0.3 5

 6 Currency outside banks 28.5 28.5 28.5 28.9 29.6 29.5 30.2 30.8 33.4 35.1 6

 7 U.S.-chartered depository institutions 114.2 115.9 115.2 120.8 121.9 123.9 128.9 133.5 135.8 141.8 7

 8 Federal government deposits 3.7 3.7 3.9 4.3 5.1 5.9 5.9 7.2 6.5 6.5 8

 9 Deposits due to foreign 1.0 1.3 1.6 1.5 1.5 1.6 2.6 2.7 3.1 3.9 9

 10 Private domestic deposits 109.5 110.9 109.7 115.0 115.4 116.3 120.4 123.6 126.2 131.4 10

 11 Foreign banking offices in U.S. 0.5 0.6 0.6 0.6 1.0 1.1 1.2 1.2 1.1 1.8 11

 12 Deposits due to foreign 0.1 0.2 0.2 0.2 0.3 0.2 0.2 0.2 0.2 0.3 12

 13 Private domestic deposits 0.3 0.4 0.5 0.4 0.8 0.9 1.0 1.0 0.9 1.5 13

 14 Banks in U.S.-affiliated areas 1.0 1.0 1.2 1.3 0.6 0.7 0.8 0.9 1.1 1.3 14

 15 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Total assets 145.7 147.6 147.1 153.0 154.4 156.3 162.4 167.7 172.9 181.8 16

 17 Household sector 70.0 71.9 71.0 73.7 75.6 77.6 77.0 77.2 82.1 84.9 17

 18 Nonfinancial business 47.4 47.3 48.0 50.6 48.1 46.5 50.0 52.9 51.7 51.1 18

 19 Corporate 29.5 29.2 29.2 30.3 29.4 28.4 31.9 34.8 33.7 33.0 19

 20 Noncorporate 17.9 18.1 18.8 20.3 18.7 18.0 18.2 18.2 18.0 18.1 20

 21 State and local governments 8.0 7.4 6.8 6.6 8.3 8.2 8.2 8.2 9.2 10.4 21

 22 Federal government 5.3 5.0 5.1 5.5 6.1 7.2 7.1 8.1 7.7 8.2 22

 23 Rest of the world 1.5 1.8 2.1 2.0 2.1 2.1 3.1 3.2 3.5 8.3 23

 24 Checkable deposits 1.5 1.8 2.1 2.0 2.1 2.1 3.1 3.2 3.5 4.5 24

 25 Currency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3.8 25

 26 Financial sectors 4.9 4.8 5.0 5.2 5.4 5.5 6.0 6.3 6.2 6.3 26

 27 Property-casualty insurance companies 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.5 1.4 1.4 27

 28 Life insurance companies 1.3 1.3 1.3 1.4 1.3 1.3 1.4 1.5 1.5 1.5 28

 29 Private pension funds 0.4 0.4 0.5 0.5 0.5 0.5 0.7 0.7 0.8 0.9 29

 30 State and local govt. retirement funds 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 30

 31 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Government-sponsored enterprises 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 32

 33 Finance companies 1.0 1.0 1.0 1.0 1.2 1.3 1.4 1.5 1.4 1.3 33

 34 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 34

 35 Brokers and dealers 0.5 0.5 0.5 0.6 0.6 0.6 0.7 0.6 0.7 0.7 35

 36 Mail float 8.6 9.4 9.1 9.4 8.8 9.3 11.0 11.7 12.6 12.8 36
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88 Historical Annuals, 1955-1964,

L.205 Time and Savings Deposits 

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 113.3 122.7 135.0 151.9 161.6 176.9 197.7 226.3 255.9 286.3 1

 2 Small time and savings deposits 106.6 116.2 128.3 142.6 154.1 165.8 184.1 209.9 235.5 261.2 2

 3 U.S.-chartered depository institutions 104.1 113.3 124.9 138.7 149.7 160.8 178.5 203.6 228.4 252.9 3

 4 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Credit unions 2.4 2.9 3.4 3.9 4.4 5.0 5.6 6.3 7.1 8.2 6

 7 Large time deposits (1) 6.7 6.5 6.7 9.3 7.5 11.1 13.5 16.4 20.3 25.1 7

 8 U.S.-chartered depository institutions 6.4 6.2 6.5 9.1 7.3 10.8 13.2 16.1 20.0 24.7 8

 9 Foreign banking offices in U.S. 0.2 0.3 0.2 0.2 0.2 0.3 0.3 0.3 0.4 0.4 9

 10 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Total assets 113.3 122.7 135.0 151.9 161.6 176.9 197.7 226.3 255.9 286.3 12

 13 Household sector 105.8 115.2 127.2 141.3 152.5 164.5 182.8 208.8 234.9 261.0 13

 14 Nonfinancial business 1.0 1.0 1.0 1.9 1.5 3.0 4.1 5.0 5.7 6.7 14

 15 Corporate 1.0 1.0 1.0 1.9 1.5 3.0 4.1 5.0 5.7 6.7 15

 16 Noncorporate 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 State and local governments 2.4 2.4 2.8 3.6 3.2 4.6 5.5 6.5 8.1 9.8 17

 18 Federal government 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 18

 19 Rest of the world 2.8 2.7 2.5 3.4 2.6 2.9 2.9 3.4 4.3 5.5 19

 20 Financial sectors 1.0 1.1 1.2 1.4 1.6 1.8 2.1 2.4 2.6 3.0 20

 21 Private pension funds 0.6 0.8 0.9 1.0 1.2 1.4 1.6 1.9 2.2 2.5 21

 22 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Finance companies 0.3 0.3 0.3 0.3 0.4 0.4 0.5 0.5 0.5 0.4 25

 26 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

(1) Large time deposits are those issued in amounts of $100,000 or more.

L.206 Money Market Mutual Fund Shares

Billions of dollars

 1 Total assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Household sector 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Private pension funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11
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Historical Annuals, 1955-1964, 89

L.207 Federal Funds and Security Repurchase Agreements

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities -2.0 -1.9 -1.9 -2.1 -1.9 -2.1 -2.1 -2.1 -2.6 -2.3 1

 2 Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Private depository institutions (net) -0.2 -0.2 -0.3 -0.3 -0.0 -0.3 0.0 0.1 0.0 0.5 3

 4 U.S.-chartered depository institutions (net) -0.2 -0.2 -0.3 -0.3 -0.0 -0.3 0.0 0.1 0.0 0.5 4

 5 Foreign banking offices in U.S. (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Credit unions (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Brokers and dealers (net) -1.8 -1.7 -1.6 -1.8 -1.9 -1.8 -2.1 -2.1 -2.6 -2.8 10

 11 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Total assets 1.4 1.9 2.7 1.8 1.0 0.7 0.6 1.5 0.1 -0.0 12

 13 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 13

 14 State and local governments 0.7 1.3 1.8 1.4 0.6 -0.2 -0.1 0.5 -0.7 -1.8 14

 15 Rest of the world (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Monetary authority 0.4 0.3 0.5 0.1 0.1 0.4 0.2 0.4 0.1 0.6 16

 17 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Private pension funds 0.1 0.2 0.2 0.2 0.2 0.3 0.3 0.4 0.4 0.5 19

 20 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Mutual funds 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 22

 23 Government-sponsored enterprises (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Discrepancy--unallocated assets -3.4 -3.8 -4.6 -3.9 -2.9 -2.8 -2.7 -3.6 -2.6 -2.3 26
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90 Historical Annuals, 1955-1964,

L.208 Open Market Paper

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total outstanding, all types 2.7 3.2 4.1 4.1 4.4 6.5 7.4 8.7 9.7 11.9 1

 2 Commercial paper 2.1 2.3 2.7 2.8 3.2 4.5 4.7 6.0 6.8 8.4 2

 3 Nonfinancial corporate business 0.4 0.4 0.4 0.7 0.3 0.8 1.1 1.2 1.0 1.1 3

 4 Foreign issues in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Nonfinancial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Financial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Financial business 1.7 1.9 2.3 2.2 2.9 3.7 3.6 4.8 5.8 7.3 7

 8 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Finance companies 1.7 1.9 2.3 2.2 2.9 3.7 3.6 4.8 5.8 7.3 10

 11 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Bankers’ acceptances (1) 0.6 1.0 1.3 1.2 1.2 2.0 2.7 2.7 2.9 3.4 14

 15 U.S.-chartered depository institutions 0.5 0.8 1.1 1.0 0.9 1.6 2.2 2.1 2.3 2.7 15

 16 Foreign banking offices in U.S. 0.1 0.2 0.3 0.2 0.2 0.4 0.5 0.5 0.6 0.7 16

 17 Holdings, by sector 2.7 3.2 4.1 4.1 4.4 6.5 7.4 8.7 9.7 11.9 17

 18 Household sector 1.4 1.4 1.7 1.8 1.6 2.6 2.2 3.0 4.2 5.2 18

 19 Nonfinancial corporate business 0.2 0.3 0.4 0.2 0.7 0.8 1.1 1.3 1.0 1.7 19

 20 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Rest of the world 0.4 0.7 1.0 0.8 0.8 1.3 1.4 1.4 1.4 1.6 21

 22 Monetary authority 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.1 0.1 0.1 22

 23 U.S.-chartered depository institutions (1) 0.5 0.5 0.6 0.8 0.7 1.1 2.0 1.9 1.9 2.3 23

 24 Foreign banking offices in U.S. (1) 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.2 0.2 24

 25 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Life insurance companies 0.0 0.0 0.0 0.0 0.1 0.3 0.2 0.3 0.4 0.2 27

 28 Private pension funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Mutual funds 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 31

 32 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Funding corporations 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 34

(1) Excludes banks’ holdings of own acceptances.
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Historical Annuals, 1955-1964, 91

L.209 Treasury Securities

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 228.4 222.8 220.1 229.0 236.2 234.0 240.7 246.8 250.7 255.9 1

 2 Savings bonds 50.2 50.1 48.2 47.7 45.9 45.6 46.4 47.0 48.1 49.1 2

 3 Treasury bills 38.1 44.2 61.4 66.1 59.3 57.9 49.0 71.0 62.5 56.5 3

 4 Other Treasury securities 140.1 128.4 110.5 115.1 131.0 130.5 145.3 128.8 140.1 150.3 4

 5 Total assets 228.4 222.8 220.1 229.0 236.2 234.0 240.7 246.8 250.7 255.9 5

 6 Household sector 68.8 70.2 71.5 68.6 71.6 72.2 71.9 73.7 72.9 73.6 6

 7 Savings bonds 50.2 50.1 48.2 47.7 45.9 45.6 46.4 47.0 48.1 49.1 7

 8 Bills and other Treasury securities 18.6 20.1 23.3 20.9 25.7 26.6 25.5 26.8 24.7 24.5 8

 9 Nonfinancial corporate business 21.3 16.7 15.6 16.1 21.6 15.8 14.1 12.3 15.1 14.5 9

 10 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 State and local governments 10.9 12.0 11.7 11.6 12.8 13.7 14.0 15.2 16.3 17.3 11

 12 Rest of the world 5.8 6.1 5.9 6.0 10.4 10.7 11.0 12.4 13.0 13.3 12

 13 Treasury bills 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Other Treasury securities 5.8 6.1 5.9 6.0 10.4 10.7 11.0 12.4 13.0 13.3 14

 15 Monetary authority 24.4 24.6 23.7 26.3 26.6 27.0 28.7 30.5 33.6 36.5 15

 16 Treasury bills 7.4 12.7 20.9 20.9 13.1 12.0 4.9 15.6 11.2 6.0 16

 17 Other Treasury securities 17.0 12.0 2.8 5.4 13.5 15.0 23.9 14.9 22.4 30.5 17

 18 U.S.-chartered depository institutions 72.5 69.4 68.7 76.7 69.2 70.3 76.5 76.7 74.2 74.4 18

 19 Foreign banking offices in U.S. 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.4 19

 20 Banks in U.S.-affiliated areas 0.3 0.3 0.3 0.3 0.1 0.1 0.1 0.1 0.2 0.1 20

 21 Credit unions 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 21

 22 Property-casualty insurance companies 6.0 5.7 5.5 5.4 5.6 5.4 5.4 5.4 5.6 5.6 22

 23 Treasury bills 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Other Treasury securities 6.0 5.7 5.5 5.4 5.6 5.4 5.4 5.4 5.6 5.6 24

 25 Life insurance companies 8.6 7.6 7.0 7.2 6.9 6.4 6.1 6.2 5.8 5.6 25

 26 Treasury bills 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Other Treasury securities 8.6 7.6 7.0 7.2 6.9 6.4 6.1 6.2 5.8 5.6 27

 28 Private pension funds 3.0 2.8 2.5 2.5 2.6 2.4 2.4 2.6 2.7 2.7 28

 29 State and local govt. retirement funds 4.7 4.9 5.1 5.0 5.5 5.7 5.8 6.1 6.5 7.0 29

 30 Federal government retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Treasury bills 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Other Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Mutual funds 0.3 0.3 0.3 0.4 0.6 0.6 0.7 0.7 0.7 0.8 34

 35 Closed-end funds 0.2 0.2 0.2 0.2 0.3 0.4 0.4 0.4 0.5 0.6 35

 36 Exchange-traded funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Government-sponsored enterprises 0.9 1.2 1.1 1.3 1.4 1.5 1.4 1.8 2.2 1.7 37

 38 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

 39 Brokers and dealers 0.3 0.2 0.4 0.6 0.4 1.0 1.3 2.0 0.7 1.4 39

 40 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 Memo:

 41 Federal government debt (1) 230.0 224.1 221.9 231.1 238.0 236.0 243.2 250.0 253.8 259.9 41

(1) Total Treasury securities (line 1) plus budget agency securities (table L.210, line 2) and federal mortgage debt (table L.217, line 11).
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92 Historical Annuals, 1955-1964,

L.210 Agency- and GSE-Backed Securities (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 4.7 5.0 6.7 6.7 8.3 8.7 9.8 11.9 13.4 14.8 1

 2 Budget agencies 1.6 1.4 1.7 1.6 0.9 0.7 1.0 1.5 1.4 2.2 2

 3 Government-sponsored enterprises 3.0 3.4 4.8 4.9 7.1 7.9 8.5 10.0 11.5 11.9 3

 4 Agency- and GSE-backed mortgage pools 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.4 0.5 0.6 4

 5 Total assets 4.7 5.0 6.7 6.7 8.3 8.7 9.8 11.9 13.4 14.8 5

 6 Household sector 0.6 1.0 1.5 0.8 2.3 1.0 0.6 0.2 0.0 0.2 6

 7 Nonfinancial corporate business 0.3 0.4 0.8 0.6 1.2 1.1 1.2 1.3 1.6 1.0 7

 8 State and local governments 0.7 0.8 0.7 0.6 0.5 1.1 1.5 1.9 2.4 2.9 8

 9 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.7 1.0 10

 11 Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 U.S.-chartered depository institutions 3.1 2.7 3.5 4.4 3.8 4.8 5.5 7.0 7.4 8.0 12

 13 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.1 0.2 0.4 0.4 0.5 16

 17 Life insurance companies 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 17

 18 Private pension funds 0.0 0.0 0.1 0.1 0.2 0.3 0.3 0.3 0.4 0.5 18

 19 State and local govt. retirement funds 0.1 0.1 0.1 0.1 0.1 0.2 0.3 0.4 0.3 0.4 19

 20 Federal government retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 23

 24 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

(1) Agency- and GSE-backed securities include: issues of federal budget agencies (line 2) such as those for the TVA; issues of government sponsored enterprises (line 3) such as Fannie Mae and FHLB;

 and agency- and GSE-backed mortgage pool securities issued by GNMA, Fannie Mac, Freddie Mac, and the Farmers Home Administration (line 4). Only the budget agency issues are considered

 officially to be part of the total debt of the federal government, which is shown in table L.209, line 41.
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Historical Annuals, 1955-1964, 93

L.211 Municipal Securities and Loans

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 45.7 49.9 54.4 59.8 65.7 71.0 76.3 81.8 87.0 93.2 1

 2 State and local governments 45.7 49.9 54.4 59.8 65.7 71.0 76.3 81.8 87.0 93.2 2

 3 Short-term (1) 2.1 2.2 2.4 2.8 3.2 3.5 3.7 3.7 4.1 4.9 3

 4 Long-term 43.6 47.7 52.0 57.0 62.5 67.5 72.7 78.1 82.9 88.3 4

 5 Nonprofit organizations (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 (industrial revenue bonds)

 7 Total assets 45.7 49.9 54.4 59.8 65.7 71.0 76.3 81.8 87.0 93.2 7

 8 Household sector 19.2 21.9 23.9 24.6 28.4 31.0 32.5 32.1 32.1 34.9 8

 9 Nonfinancial corporate business 1.2 1.3 1.5 2.0 1.8 2.4 2.4 2.7 3.8 3.7 9

 10 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 State and local governments 2.5 2.5 2.6 2.7 2.7 2.7 2.8 2.6 2.3 2.2 11

 12 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 U.S.-chartered depository institutions 13.3 13.6 14.6 17.2 17.7 18.2 21.0 26.0 30.4 33.9 13

 14 Foreign banking offices in U.S. 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 14

 15 Banks in U.S.-affiliated areas 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.1 0.1 15

 16 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Property-casualty insurance companies 4.2 4.9 5.6 6.2 7.2 8.1 9.1 9.9 10.6 11.0 17

 18 Life insurance companies 2.0 2.3 2.4 2.7 3.2 3.6 3.9 4.0 3.9 3.8 18

 19 State and local govt. retirement funds 2.7 3.1 3.5 4.0 4.3 4.4 4.3 3.8 3.3 2.9 19

 20 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Closed-end funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Exchange-traded funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Brokers and dealers 0.3 0.1 0.2 0.2 0.3 0.4 0.3 0.5 0.5 0.7 25

(1) Debt with original maturity of 13 months or less.

(2) Liability of the households and nonprofit organizations sector (tables F.100 and L.100).
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94 Historical Annuals, 1955-1964,

L.212 Corporate and Foreign Bonds

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 60.8 65.9 73.6 80.0 84.5 91.8 97.3 102.7 109.0 116.6 1

 2 Nonfinancial corporate business 54.6 58.0 64.1 69.7 72.8 76.2 80.6 84.6 88.4 92.4 2

 3 Rest of the world (1) 3.1 3.4 3.8 4.7 5.2 5.8 6.2 7.2 8.2 8.7 3

 4 Financial sectors 3.2 4.5 5.7 5.6 6.5 9.8 10.5 10.8 12.4 15.5 4

 5 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.8 5

 6 ABS issuers (net) (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Finance companies 3.2 4.5 5.7 5.6 6.5 9.8 10.5 10.8 12.2 14.8 7

 8 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Total assets (3) 60.8 65.9 73.6 80.0 84.5 91.8 97.3 102.7 109.0 116.6 12

 13 Household sector 5.0 6.1 7.2 7.9 8.2 10.6 10.8 10.2 10.1 10.3 13

 14 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Rest of the world (4) 0.4 0.5 0.6 0.6 0.6 0.7 0.7 0.7 0.8 1.0 16

 17 MBS and other ABS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Other 0.4 0.5 0.6 0.6 0.6 0.7 0.7 0.7 0.8 1.0 18

 19 U.S.-chartered depository institutions 4.4 4.1 4.8 5.3 5.1 5.0 4.7 4.6 3.9 4.3 19

 20 MBS and other ABS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Other 4.4 4.1 4.8 5.3 5.1 5.0 4.7 4.6 3.9 4.3 21

 22 Foreign banking offices in U.S. 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 22

 23 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 MBS and other ABS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Property-casualty insurance companies 1.2 1.2 1.4 1.5 1.6 1.7 1.7 2.1 2.0 2.4 27

 28 MBS and other ABS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Other 1.2 1.2 1.4 1.5 1.6 1.7 1.7 2.1 2.0 2.4 29

 30 Life insurance companies 37.1 39.3 42.0 44.4 46.4 48.1 50.6 53.1 55.9 58.2 30

 31 MBS and other ABS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Other 37.1 39.3 42.0 44.4 46.4 48.1 50.6 53.1 55.9 58.2 32

 33 Private pension funds 7.9 9.5 11.3 12.8 14.1 15.7 16.9 18.1 19.6 21.2 33

 34 State and local govt. retirement funds 2.7 3.2 4.0 5.1 6.0 7.1 8.9 10.7 12.8 14.9 34

 35 Federal government retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

 36 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Mutual funds 0.5 0.7 0.8 0.9 1.1 1.2 1.6 1.6 1.8 2.1 37

 38 Closed-end funds 0.5 0.6 0.7 0.7 0.8 1.0 1.0 1.0 1.3 1.5 38

 39 Exchange-traded funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 39

 40 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 41 MBS and other ABS 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

 42 Other 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 42

 43 Finance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 43

 44 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 44

 45 Brokers and dealers 0.8 0.6 0.7 0.4 0.5 0.5 0.4 0.5 0.7 0.6 45

 46 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 46

 47 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 47

(1) Holdings of foreign issues by U.S. residents.

(2) Liabilities net of assets.

(3) For some sectors, holdings of MBS and other ABS are shown separately. MBS and other ABS include privately issued mortgage-backed securities and other privately issued asset-backed bonds.

(4) Holdings of U.S. issues by foreign residents.
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Historical Annuals, 1955-1964, 95

L.213 Corporate Equities (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Issues at market value 281.8 307.0 279.6 370.9 413.7 420.3 521.1 503.8 558.5 647.2 1

 2 Nonfinancial corporate business 244.2 268.4 245.7 324.7 362.2 365.2 437.7 424.3 465.8 546.0 2

 3 Rest of the world (2) 2.4 2.6 2.2 3.1 3.7 4.0 4.9 4.7 5.1 5.3 3

 4 Financial corporations 35.1 36.0 31.7 43.2 47.8 51.1 78.5 74.8 87.6 96.0 4

 5 Holdings at market value 281.8 307.0 279.6 370.9 413.7 420.3 521.1 503.8 558.5 647.2 5

 6 Household sector 248.2 271.0 244.5 322.3 357.3 359.8 443.2 431.2 469.9 544.1 6

 7 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Rest of the world (3) 6.6 7.0 6.1 8.3 9.4 9.3 11.8 10.3 12.5 13.8 9

 10 Monetary authority 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 U.S.-chartered depository institutions 1.0 1.0 1.0 1.4 1.4 1.3 1.6 1.5 1.8 2.0 11

 12 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Property-casualty insurance companies 5.4 5.6 5.2 6.7 7.2 7.5 9.3 8.6 10.0 11.4 13

 14 Life insurance companies 3.6 3.5 3.4 4.1 4.6 5.0 6.3 6.3 7.1 7.8 14

 15 Private pension funds 6.1 7.1 7.5 11.6 14.5 16.5 22.9 21.9 27.7 33.7 15

 16 State and local govt. retirement funds 0.2 0.2 0.3 0.4 0.5 0.6 0.9 1.0 1.5 2.0 16

 17 Federal government retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Mutual funds 6.9 7.9 7.4 11.7 13.9 14.8 20.3 18.3 22.1 25.6 18

 19 Closed-end funds 2.8 3.1 3.5 4.0 4.4 5.0 4.7 4.4 5.5 5.8 19

 20 Exchange-traded funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Brokers and dealers 0.9 0.7 0.8 0.5 0.6 0.5 0.2 0.3 0.5 0.9 21

 22 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 Memo:

 23 Market value of domestic corporations (4) 269.2 294.0 266.9 355.2 396.4 402.0 500.4 484.4 535.6 621.9 23

(1) Excludes mutual fund shares shown on table L.214.

(2) Holdings of foreign issues by U.S. residents; includes American Depositary Receipts (ADRs).

(3) Holdings of U.S. issues by foreign residents.

(4) Sum of lines 2 and 4 less the sum of lines 11, 12, 13, 19, 20, 21, and 22; line 1 excludes intercorporate holdings of nonfinancial corporations.

L.214 Mutual Fund Shares (1)

Billions of dollars

 1 Shares at market value 7.8 9.0 8.7 13.2 15.8 17.0 22.9 21.3 25.2 29.1 1

 2 Holdings at market value 7.8 9.0 8.7 13.2 15.8 17.0 22.9 21.3 25.2 29.1 2

 3 Household sector 7.8 9.0 8.7 13.2 15.8 17.0 22.9 20.9 24.8 28.4 3

 4 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.3 4

 5 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 10

 11 Private pension funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.3 11

 12 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

(1) Shares of open-end investment companies; excludes shares of money market mutual funds, exchange-traded funds, and funding vehicles for variable annuities.
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96 Historical Annuals, 1955-1964,

L.215 Depository Institution Loans Not Elsewhere Classified (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 39.4 45.1 47.2 48.0 55.1 58.1 60.7 67.1 74.1 82.5 1

 2 Household sector 1.8 1.2 1.6 1.2 1.5 2.5 3.7 4.1 4.6 6.3 2

 3 Corporate business 25.6 30.6 31.7 31.4 35.2 37.1 37.5 41.2 44.5 48.8 3

 4 Noncorporate business 5.7 6.3 6.7 7.3 8.3 8.9 9.5 10.6 11.7 12.5 4

 5 Rest of the world 1.4 1.8 2.1 2.6 2.9 3.0 3.7 4.2 4.8 6.5 5

 6 Foreign official institutions 0.4 0.5 0.7 0.9 0.9 0.9 1.0 1.0 0.9 0.9 6

 7 Foreign banks 0.5 0.6 0.6 0.7 0.7 0.8 1.0 1.2 1.4 2.0 7

 8 Other foreign 0.5 0.7 0.9 1.1 1.3 1.4 1.7 1.9 2.5 3.6 8

 9 Financial sectors 5.0 5.3 4.9 5.4 7.2 6.7 6.4 7.0 8.4 8.4 9

 10 Finance companies 5.0 5.3 4.9 5.4 7.2 6.7 6.4 7.0 8.4 8.4 10

 11 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Total assets 39.4 45.1 47.2 48.0 55.1 58.1 60.7 67.1 74.1 82.5 15

 16 Monetary authority (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 U.S.-chartered depository institutions 38.9 44.6 46.7 47.5 54.6 57.4 59.7 66.1 73.0 81.3 17

 18 Foreign banking offices in U.S. 0.5 0.5 0.4 0.5 0.6 0.7 1.0 1.0 1.1 1.1 18

 19 Banks in U.S.-affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Credit unions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

(1) Excludes depository institution lending in the form of open market paper, mortgages, consumer credit, and security credit which are shown on other instrument tables.

(2) Loans from Federal Reserve banks to households, rest of the world, broker and dealers, and funding corporations. See loan details on table L.108.
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Historical Annuals, 1955-1964, 97

L.216 Other Loans and Advances

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total other loans and advances 27.5 28.7 30.9 32.5 36.3 40.5 43.9 47.5 53.2 59.4 1

 2 U.S. government loans 17.1 17.7 17.9 18.9 19.7 20.4 21.6 23.5 25.3 28.2 2

 3 Liab.: Household sector 0.1 0.1 0.2 0.3 0.4 0.6 0.7 1.0 1.2 1.4 3

 4 Nonfinancial corporate business 0.7 0.7 0.8 0.8 0.8 0.9 0.9 1.2 1.2 1.4 4

 5 Nonfinancial noncorporate business 4.2 4.4 4.3 4.5 4.5 4.5 4.7 4.9 5.2 5.6 5

 6 State and local governments 0.5 0.5 0.7 0.9 1.0 1.2 1.5 2.0 2.2 2.5 6

 7 Rest of the world 11.6 11.6 11.9 12.5 12.8 13.2 13.7 14.4 15.5 17.2 7

 8 Government-sponsored enterprises 0.1 0.4 0.1 0.1 0.1 0.0 0.1 0.1 0.0 0.1 8

 9 Finance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Foreign loans to U.S. corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Liab.: Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 Customers’ liability on acceptances outstanding

 13 Asset: U.S.-chartered depository institutions 0.5 0.8 1.0 1.0 0.9 1.6 2.1 2.1 2.3 2.7 13

 14 Foreign banking offices in U.S. 0.1 0.2 0.3 0.2 0.2 0.4 0.5 0.5 0.6 0.7 14

 15 Liab.: Nonfinancial corporate business 0.3 0.5 0.6 0.6 0.6 0.8 0.9 0.9 0.7 0.8 15

 16 Rest of the world 0.3 0.5 0.7 0.6 0.6 1.2 1.8 1.8 2.2 2.6 16

 17 Holding company loans 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Liab.: Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Policy loans (Household liability) 3.6 3.8 4.2 4.5 5.0 5.7 6.2 6.8 7.2 7.8 20

 21 Asset: Federal government 0.3 0.3 0.3 0.4 0.4 0.4 0.5 0.5 0.6 0.6 21

 22 Life insurance companies 3.3 3.5 3.9 4.2 4.6 5.2 5.7 6.2 6.7 7.1 22

 23 Government-sponsored enterprise loans (1) 2.5 2.4 2.7 3.0 4.1 4.1 5.0 6.1 7.7 8.5 23

 24 Liab.: Household sector (SLMA) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 25 Nonfinancial corporate business (FCS) 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 25

 26 Nonfinancial noncorporate business (FCS) 1.0 1.2 1.4 1.6 2.0 2.1 2.3 2.5 2.9 3.1 26

 27 U.S.-chartered dep. inst. (FHLB & SLMA) 1.4 1.2 1.3 1.3 2.1 2.0 2.7 3.5 4.8 5.3 27

 28 Credit unions (FHLB) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Life insurance companies (FHLB) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Securitized loans held by ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Liab.: Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Finance company loans to business 3.8 3.8 4.8 4.9 6.3 8.2 8.4 8.6 10.0 11.6 32

 33 Liab.: Nonfinancial corporate business 3.4 3.5 4.3 4.4 5.7 7.4 7.6 7.7 9.0 10.4 33

 34 Nonfinancial noncorporate business 0.4 0.4 0.5 0.5 0.6 0.8 0.8 0.9 1.0 1.2 34

 35 Loans to nonfinancial corporate business (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

 36 Asset: Household sector 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37

 38 Mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

 39 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 39

 40 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 41 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

(1) The Student Loan Marketing Association (Sallie Mae) was included until it was fully privatized in 2004:Q4.

(2) Syndicated loans from domestic entities, excluding depository institutions and finance companies which are included elsewhere.
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98 Historical Annuals, 1955-1964,

L.217 Total Mortgages

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total mortgages 129.8 144.4 156.6 172.0 191.1 208.4 228.9 252.4 279.2 307.0 1

 2 Home 87.9 98.7 107.3 117.1 130.0 141.3 154.0 168.3 185.1 202.3 2

 3 Multifamily residential 13.5 14.1 14.6 16.6 18.7 20.8 23.6 26.7 30.0 34.6 3

 4 Commercial 19.4 21.8 24.3 27.2 30.2 33.4 37.4 42.2 47.3 51.2 4

 5 Farm 9.0 9.8 10.4 11.1 12.1 12.8 13.9 15.2 16.8 18.9 5

 6 Total liabilities 129.8 144.4 156.6 172.0 191.1 208.4 228.9 252.4 279.2 307.0 6

 7 Household sector 90.0 101.5 110.6 121.0 134.4 146.5 159.7 174.6 192.0 209.8 7

 8 Nonfinancial business 39.7 42.8 45.9 50.5 55.8 60.6 67.7 76.1 85.4 95.3 8

 9 Corporate 16.2 17.1 18.4 20.2 21.0 21.8 23.2 25.6 28.2 31.4 9

 10 Noncorporate 23.5 25.7 27.5 30.3 34.8 38.7 44.5 50.5 57.2 63.9 10

 11 Federal government 0.0 0.0 0.1 0.5 0.8 1.3 1.5 1.7 1.8 1.8 11

 12 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Total assets 129.8 144.4 156.6 172.0 191.1 208.4 228.9 252.4 279.2 307.0 13

 14 Household sector 22.7 24.3 26.2 28.8 30.7 33.5 36.8 39.0 40.5 42.0 14

 15 Nonfinancial corporate business 0.0 0.1 0.1 0.1 0.0 0.0 0.0 0.1 0.1 0.1 15

 16 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 State and local governments 0.6 0.7 0.9 1.1 1.4 1.6 1.8 2.1 2.3 2.5 17

 18 Federal government 3.6 3.6 3.9 4.3 5.6 5.8 6.2 6.3 5.9 5.9 18

 19 U.S.-chartered depository institutions 68.8 77.1 83.4 93.0 104.9 114.5 126.8 143.4 163.8 183.3 19

 20 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Banks in U.S.-affiliated areas 0.2 0.2 0.2 0.3 0.1 0.1 0.1 0.2 0.2 0.3 21

 22 Credit unions 0.5 0.6 0.6 0.6 0.8 0.9 1.1 1.2 1.5 1.5 22

 23 Property-casualty insurance companies 0.2 0.2 0.2 0.2 0.1 0.1 0.2 0.1 0.1 0.1 23

 24 Life insurance companies 29.4 33.0 35.2 37.1 39.2 41.8 44.2 46.9 50.5 55.2 24

 25 Private pension funds 0.3 0.4 0.6 0.7 1.0 1.3 1.6 1.9 2.2 2.8 25

 26 State and local govt. retirement funds 0.3 0.4 0.5 0.7 1.0 1.5 1.9 2.2 2.6 3.1 26

 27 Government-sponsored enterprises (1) 1.6 2.4 3.6 3.5 4.4 5.5 5.7 5.9 5.4 5.7 27

 28 Agency- and GSE-backed mortgage pools 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.4 0.5 0.6 28

 29 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Finance companies 1.4 1.3 0.9 1.4 1.6 1.6 2.2 2.7 3.5 3.9 30

 31 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31
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Historical Annuals, 1955-1964, 99

L.218 Home Mortgages (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 87.9 98.7 107.3 117.1 130.0 141.3 154.0 168.3 185.1 202.3 1

 2 Household sector 87.9 98.7 107.3 117.1 130.0 141.3 154.0 168.3 185.1 202.3 2

 3 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Total assets 87.9 98.7 107.3 117.1 130.0 141.3 154.0 168.3 185.1 202.3 5

 6 Household sector 8.7 8.9 9.5 9.9 9.5 10.3 11.2 12.6 13.8 15.4 6

 7 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 State and local governments 0.5 0.6 0.8 1.0 1.2 1.4 1.6 1.7 1.7 1.7 9

 10 Federal government 2.9 2.9 3.1 3.3 4.2 4.2 4.4 4.5 4.1 4.0 10

 11 U.S.-chartered depository institutions 55.9 63.2 68.8 76.4 86.2 93.9 103.2 114.6 129.0 142.7 11

 12 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Banks in U.S.-affiliated areas 0.1 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.2 0.2 13

 14 Credit unions 0.5 0.6 0.6 0.6 0.8 0.9 1.1 1.2 1.5 1.5 14

 15 Life insurance companies 17.7 20.1 21.4 22.4 23.6 24.9 25.8 26.4 27.3 28.5 15

 16 Private pension funds 0.1 0.2 0.3 0.3 0.5 0.6 0.7 0.9 1.0 1.3 16

 17 State and local govt. retirement funds 0.2 0.2 0.3 0.4 0.5 0.8 1.0 1.2 1.4 1.6 17

 18 Government-sponsored enterprises 0.1 0.6 1.6 1.4 2.0 2.9 2.9 2.8 2.0 2.0 18

 19 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Finance companies 1.2 1.1 0.8 1.2 1.4 1.4 2.0 2.3 3.0 3.4 21

 22 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 Memo:

 23 Home equity loans included above (2) ND ND ND ND ND ND ND ND ND ND 23

 24 U.S.-chartered depository institutions ND ND ND ND ND ND ND ND ND ND 24

 25 Foreign banking offices in U.S. ND ND ND ND ND ND ND ND ND ND 25

 26 Credit unions ND ND ND ND ND ND ND ND ND ND 26

 27 ABS issuers ND ND ND ND ND ND ND ND ND ND 27

 28 Finance companies ND ND ND ND ND ND ND ND ND ND 28

(1) Mortgages on 1-4 family properties including mortages on farm houses.

(2) Loans made under home equity lines of credit and home equity loans secured by junior liens. Excludes home equity loans held by individuals.

L.219 Multifamily Residential Mortgages

Billions of dollars

 1 Total liabilities 13.5 14.1 14.6 16.6 18.7 20.8 23.6 26.7 30.0 34.6 1

 2 Nonfinancial corporate business 0.7 0.7 0.7 0.8 0.9 1.0 1.1 1.2 1.4 1.6 2

 3 Nonfinancial noncorporate business 12.8 13.4 13.8 15.2 17.0 18.6 21.0 23.7 26.8 31.1 3

 4 Federal government 0.0 0.0 0.1 0.5 0.8 1.3 1.5 1.7 1.8 1.8 4

 5 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Total assets 13.5 14.1 14.6 16.6 18.7 20.8 23.6 26.7 30.0 34.6 6

 7 Household sector 4.1 4.4 4.9 6.0 7.0 7.9 8.8 9.1 9.0 9.0 7

 8 Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.2 0.4 0.6 10

 11 Federal government 0.4 0.4 0.5 0.6 0.9 1.0 1.1 1.1 1.1 1.0 11

 12 U.S.-chartered depository institutions 5.2 5.2 5.3 5.9 6.4 7.0 8.2 10.0 12.4 14.5 12

 13 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Life insurance companies 3.6 3.6 3.6 3.5 3.7 3.9 4.3 4.7 5.3 7.2 14

 15 Private pension funds 0.1 0.1 0.2 0.2 0.3 0.4 0.4 0.5 0.6 0.8 15

 16 State and local govt. retirement funds 0.1 0.1 0.2 0.2 0.3 0.5 0.6 0.7 0.8 1.0 16

 17 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Finance companies 0.2 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.4 0.4 20

 21 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21
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100 Historical Annuals, 1955-1964,

L.220 Commercial Mortgages

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 19.4 21.8 24.3 27.2 30.2 33.4 37.4 42.2 47.3 51.2 1

 2 Household sector 2.2 2.9 3.3 3.9 4.4 5.2 5.7 6.3 6.9 7.5 2

 3 Nonfinancial corporate business 15.3 16.2 17.4 19.1 19.7 20.4 21.6 23.7 26.2 29.0 3

 4 Nonfinancial noncorporate business 1.9 2.8 3.6 4.3 6.1 7.8 10.0 12.1 14.2 14.6 4

 5 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Total assets 19.4 21.8 24.3 27.2 30.2 33.4 37.4 42.2 47.3 51.2 6

 7 Household sector 6.6 7.3 8.0 8.9 9.8 10.7 11.8 12.0 11.8 11.0 7

 8 Nonfinancial corporate business 0.0 0.1 0.1 0.1 0.0 0.0 0.0 0.1 0.1 0.1 8

 9 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 State and local governments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Federal government 0.0 0.0 0.1 0.1 0.0 0.0 0.1 0.1 0.1 0.1 11

 12 U.S.-chartered depository institutions 6.4 7.3 8.0 9.2 10.6 11.8 13.6 16.7 20.1 23.4 12

 13 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Banks in U.S.-affiliated areas 0.0 0.1 0.1 0.1 0.0 0.0 0.0 0.1 0.1 0.1 14

 15 Property-casualty insurance companies 0.2 0.2 0.2 0.2 0.1 0.1 0.2 0.1 0.1 0.1 15

 16 Life insurance companies 6.0 6.8 7.7 8.5 9.1 10.0 11.0 12.4 14.1 15.1 16

 17 Private pension funds 0.1 0.1 0.2 0.2 0.3 0.3 0.4 0.5 0.6 0.7 17

 18 State and local govt. retirement funds 0.0 0.0 0.1 0.1 0.1 0.2 0.2 0.3 0.3 0.4 18

 19 Agency- and GSE-backed mortgage pools 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Finance companies 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 21

 22 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

L.221 Farm Mortgages (1)

Billions of dollars

 1 Total liabilities 9.0 9.8 10.4 11.1 12.1 12.8 13.9 15.2 16.8 18.9 1

 2 Nonfinancial corporate business 0.2 0.3 0.3 0.3 0.4 0.4 0.5 0.6 0.7 0.8 2

 3 Nonfinancial noncorporate business 8.8 9.6 10.1 10.8 11.7 12.4 13.4 14.6 16.2 18.2 3

 4 Total assets 9.0 9.8 10.4 11.1 12.1 12.8 13.9 15.2 16.8 18.9 4

 5 Household sector 3.4 3.6 3.8 4.1 4.4 4.7 4.9 5.3 5.9 6.6 5

 6 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 State and local governments 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 7

 8 Federal government 0.3 0.3 0.3 0.4 0.4 0.5 0.6 0.6 0.7 0.7 8

 9 U.S.-chartered depository institutions 1.4 1.4 1.4 1.5 1.6 1.7 1.8 2.1 2.4 2.7 9

 10 Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Life insurance companies 2.3 2.5 2.6 2.7 2.8 3.0 3.2 3.4 3.8 4.3 11

 12 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 12

 13 Government-sponsored enterprises 1.5 1.7 1.9 2.1 2.4 2.6 2.8 3.1 3.3 3.7 13

 14 Agency- and GSE-backed mortgage pools 0.1 0.1 0.2 0.2 0.2 0.2 0.3 0.4 0.5 0.6 14

(1) Excludes mortgages on farm houses.
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Historical Annuals, 1955-1964, 101

L.222 Consumer Credit

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net change in liabilities (Households) 42.9 46.6 49.2 49.5 57.2 61.2 63.4 69.3 77.9 87.4 1

 2 Net change in assets 42.9 46.6 49.2 49.5 57.2 61.2 63.4 69.3 77.9 87.4 2

 3 Households (nonprofit organizations) (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Nonfinancial corporate business 8.3 8.6 8.7 8.8 10.1 9.6 9.6 10.4 11.3 12.3 4

 5 Nonfinancial noncorporate business 2.9 3.1 3.1 3.1 3.4 3.2 3.1 3.3 3.6 3.8 5

 6 Federal government (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 U.S.-chartered depository institutions 18.5 20.4 21.8 22.5 26.3 28.9 30.7 33.6 38.3 43.4 7

 8 Credit unions 1.3 1.7 2.1 2.3 2.9 3.4 3.6 4.1 4.5 5.4 8

 9 Government-sponsored enterprises 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Finance companies 11.8 12.8 13.5 12.7 14.5 16.1 16.3 17.9 20.2 22.4 11

 Memo:

 12 Credit card loans (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Auto loans 13.5 14.5 15.5 14.3 16.6 18.1 17.6 19.9 22.8 25.8 13

 14 Student loans (4) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Other consumer credit (5) 29.5 32.1 33.7 35.2 40.6 43.2 45.8 49.4 55.0 61.5 15

(1) Student loans originated under the Federal Family Education Loan Program.

(2) Includes loans originated by the Department of Education under the Federal Direct Loan Program and Perkins Loans, as well as Federal Family Education Loan Program

 loans that the government purchased from depository institutions, finance companies, and nonprofit and educational institutions, and loans in default.

(3) Revolving credit that also includes overdraft plans on checking accounts and other loans without a fixed repayment schedule.

(4) Includes student loans held by nonprofit organizations (line 3), the federal government (line 6), depository institutions (part of lines 7 and 8), and

 finance companies (part of line 11). Data begin in 2006:Q1.

(5) Includes student loans before 2006:Q1.
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102 Historical Annuals, 1955-1964,

L.223 Trade Credit

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total trade payables 64.9 71.3 74.3 80.7 87.1 92.8 97.6 102.6 110.0 118.8 1

 2 Household sector 1.4 1.5 1.7 1.8 2.2 2.3 2.5 2.6 2.9 3.2 2

 3 Nonfinancial corporate business 44.0 48.1 49.7 53.9 59.2 62.1 65.8 68.8 76.2 83.2 3

 4 Nonfinancial noncorporate business 13.2 14.1 14.4 15.4 15.0 15.6 15.1 15.0 13.6 13.1 4

 5 State and local governments 3.4 4.1 4.8 5.7 6.5 7.5 8.5 9.5 10.7 11.9 5

 6 Federal government 2.3 2.6 2.8 2.8 2.9 3.4 3.6 4.1 4.4 4.5 6

 7 Rest of the world 0.6 0.7 0.8 0.8 0.9 1.6 1.7 2.2 1.8 2.6 7

 8 Brokers and dealers 0.2 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 8

 9 Total trade receivables 72.6 80.1 81.3 88.5 93.7 99.6 106.5 111.4 118.6 128.6 9

 10 Nonfinancial corporate business 58.0 63.8 65.4 71.8 77.4 82.3 88.3 92.8 99.1 107.6 10

 11 Nonfinancial noncorporate business 7.9 9.1 8.4 9.4 8.2 8.6 8.9 8.5 8.0 8.1 11

 12 State and local governments 2.9 3.1 3.2 3.5 3.9 4.2 4.5 4.8 5.3 5.8 12

 13 Federal government 2.3 2.4 2.3 1.7 1.7 1.8 1.8 2.0 2.5 2.7 13

 14 Rest of the world 0.4 0.5 0.6 0.5 0.7 0.8 1.0 1.1 1.5 1.8 14

 15 Property-casualty insurance companies 1.2 1.3 1.5 1.6 1.8 1.9 2.0 2.2 2.3 2.5 15

 16 ABS issuers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Discrepancy -7.6 -8.8 -7.0 -7.8 -6.6 -6.8 -8.9 -8.8 -8.7 -9.9 17

L.224 Security Credit

Billions of dollars

 1 Total liabilities 9.6 9.0 8.7 10.4 10.5 10.9 13.1 13.8 16.4 16.8 1

 2 Household sector 3.0 3.1 2.7 3.7 3.7 3.6 4.6 4.5 6.0 5.5 2

 3 Rest of the world 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 3

 4 Brokers and dealers 6.5 5.8 5.9 6.7 6.7 7.2 8.4 9.2 10.3 11.2 4

 5 Customer credit balances (HH) 1.0 1.0 1.0 1.3 1.1 1.2 1.3 1.3 1.3 1.8 5

 6 From U.S.-chartered depository institutions 5.0 4.3 4.2 4.7 4.9 5.1 6.2 7.2 7.9 8.4 6

 7 From foreign banking offices in U.S. 0.5 0.6 0.7 0.7 0.8 0.8 0.9 0.7 1.1 1.1 7

 8 Total assets 9.6 9.0 8.7 10.4 10.5 10.9 13.1 13.8 16.4 16.8 8

 9 Household sector 0.9 0.9 0.9 1.2 1.0 1.1 1.2 1.2 1.2 1.7 9

 10 Rest of the world 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 10

 11 U.S.-chartered depository institutions 5.0 4.3 4.2 4.7 4.9 5.1 6.2 7.2 7.9 8.4 11

 12 Foreign banking offices in U.S. 0.5 0.6 0.7 0.7 0.8 0.8 0.9 0.7 1.1 1.1 12

 13 Brokers and dealers 3.1 3.1 2.8 3.8 3.8 3.6 4.7 4.6 6.1 5.6 13
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Historical Annuals, 1955-1964, 103

L.225 Life Insurance Reserves

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 69.3 72.7 75.5 78.5 82.0 85.2 88.6 92.4 96.6 101.1 1

 2 Federal government 5.8 6.1 6.2 6.2 6.4 6.4 6.5 6.6 6.8 6.9 2

 3 Life insurance companies 63.5 66.6 69.3 72.3 75.6 78.8 82.1 85.8 89.9 94.2 3

 4 Net change in assets 69.3 72.7 75.5 78.5 82.0 85.2 88.6 92.4 96.6 101.1 4

 5 Households 69.3 72.7 75.5 78.5 82.0 85.2 88.6 92.4 96.6 101.1 5

 6 U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

L.226 Pension Entitlements

Billions of dollars

 1 Total liabilities 173.8 192.0 221.3 243.3 262.2 284.5 306.7 317.3 340.3 367.1 1

 2 Life insurance companies (1) 11.3 12.5 14.1 15.6 17.6 18.9 20.3 21.6 23.3 25.3 2

 3 Private pension funds (2) 51.5 56.5 63.7 69.7 76.7 82.0 86.2 87.9 91.8 97.8 3

 4 State and local govt. retirement funds 32.0 35.8 39.7 44.4 44.1 49.1 54.4 50.0 54.6 60.1 4

 5 Federal government retirement funds (3) 79.0 87.1 103.8 113.6 123.9 134.6 145.9 157.9 170.5 183.9 5

 6 Total assets (Households) (4) 173.8 192.0 221.3 243.3 262.2 284.5 306.7 317.3 340.3 367.1 6

(1) Annuities, including those in IRAs.

(2) Includes unallocated insurance company contracts beginning 1985:Q4.

(3) Includes the Thrift Savings Plan, the National Railroad Retirement Investment Trust, and other federal government retirement funds.

(4) Excludes all individual retirement accounts (IRAs) (table L.226.i), except those at life insurance companies.

L.227 Taxes Payable by Businesses

Billions of dollars

 1 Total taxes payable by all businesses 19.7 18.2 16.3 13.7 15.5 14.9 14.7 16.3 17.3 18.0 1

 2 Nonfinancial corporate business 18.4 16.8 14.6 12.0 14.2 12.6 13.3 14.4 15.7 16.2 2

 3 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 U.S.-chartered depository institutions 0.6 0.9 1.0 0.9 0.5 1.5 0.6 1.1 0.7 0.9 4

 5 Property-casualty insurance companies 0.2 0.0 0.1 0.2 0.1 0.1 0.1 0.1 0.1 0.0 5

 6 Life insurance companies 0.2 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.6 6

 7 Finance companies 0.3 0.3 0.3 0.2 0.3 0.3 0.3 0.3 0.3 0.2 7

 8 Brokers and dealers 0.0 0.0 0.0 0.0 0.1 0.0 0.1 0.0 0.1 0.1 8

 9 Total business taxes receivable 6.5 5.9 5.2 4.1 6.2 5.6 5.7 6.3 7.6 7.7 9

 10 State and local governments 0.5 0.6 0.5 0.6 0.6 0.6 0.6 0.7 0.7 0.8 10

 11 Federal government 5.9 5.4 4.7 3.5 5.6 5.0 5.0 5.7 6.9 6.9 11

 12 Discrepancy 13.2 12.3 11.1 9.7 9.3 9.4 9.0 10.0 9.7 10.3 12

L.228 Proprietors’ Equity in Noncorporate Business

Billions of dollars

 1 Total household equity 338.4 354.9 367.1 382.2 383.4 393.6 410.5 427.0 431.8 450.9 1

 2 Nonfinancial noncorporate business 338.4 354.9 367.1 382.2 383.4 393.6 410.5 427.0 431.8 450.9 2

 3 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3
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104 Historical Annuals, 1955-1964,

L.229 Total Miscellaneous Financial Claims

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities 168.7 184.7 209.3 227.5 241.8 258.6 281.7 292.8 317.0 344.0 1

 2 Household sector 1.5 1.7 1.8 2.0 2.2 2.4 2.5 2.7 2.9 3.0 2

 3 Nonfinancial corporate business 8.2 8.3 8.7 9.3 10.1 10.7 12.1 12.9 14.1 15.7 3

 4 Nonfinancial noncorporate business 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 4

 5 Federal government 81.2 89.1 105.5 115.2 125.2 135.7 146.9 158.7 171.2 184.5 5

 6 Rest of the world 23.8 27.9 31.3 33.1 35.7 38.4 41.9 43.3 46.0 51.7 6

 7 Monetary authority 0.6 0.6 0.4 0.6 0.9 0.7 0.6 0.7 0.6 1.3 7

 8 U.S.-chartered depository institutions 4.4 4.7 5.3 6.3 7.1 5.7 7.1 7.7 9.9 10.9 8

 9 Foreign banking offices in U.S. -0.0 -0.1 -0.2 -0.1 -0.1 -0.3 -0.5 -0.5 -0.4 -1.0 9

 10 Banks in U.S.-affiliated areas 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 10

 11 Credit unions 0.3 0.3 0.4 0.6 0.7 0.8 0.9 0.9 0.9 0.8 11

 12 Property-casualty insurance companies 11.5 12.2 13.2 14.2 15.3 16.3 17.2 17.8 18.9 20.3 12

 13 Life insurance companies 7.3 8.0 8.6 9.3 9.5 10.5 11.5 12.4 13.2 14.0 13

 14 Government-sponsored enterprises 2.0 2.3 2.4 2.7 2.7 3.2 3.6 3.7 3.7 3.8 14

 15 Finance companies 5.3 4.4 4.3 4.2 4.7 3.8 4.5 5.5 7.2 7.9 15

 16 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Brokers and dealers 1.1 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0 17

 18 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Funding corporations 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 19

 20 Total assets 187.9 207.9 237.3 255.0 269.9 290.0 306.2 317.9 336.0 355.4 20

 21 Household sector 12.2 12.5 12.9 13.2 13.8 14.3 15.0 15.5 16.2 17.2 21

 22 Nonfinancial corporate business 21.6 25.1 28.4 30.8 34.0 37.2 40.5 43.8 48.5 53.1 22

 23 Nonfinancial noncorporate business 3.7 3.9 4.2 4.3 4.6 4.8 5.1 5.2 5.6 6.0 23

 24 State and local governments 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.3 0.3 24

 25 Federal government 1.8 2.4 3.1 3.4 3.4 4.1 4.6 4.9 5.4 5.4 25

 26 Rest of the world 7.5 8.7 9.4 9.9 9.9 9.8 10.0 9.4 9.6 9.4 26

 27 Monetary authority 0.2 0.3 0.3 0.2 0.4 0.3 0.3 0.4 0.4 0.4 27

 28 U.S.-chartered depository institutions 3.0 3.4 3.8 4.3 4.6 4.9 5.6 7.0 7.3 7.6 28

 29 Foreign banking offices in U.S. -0.1 0.2 0.3 0.4 0.4 0.6 0.2 0.3 0.3 0.6 29

 30 Banks in U.S.-affiliated areas 0.3 0.3 0.4 0.4 0.3 0.4 0.4 0.5 0.5 0.6 30

 31 Credit unions -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 -0.2 -0.2 -0.2 31

 32 Property-casualty insurance companies 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 32

 33 Life insurance companies 2.5 2.8 3.0 3.3 3.6 3.9 4.3 4.6 4.9 5.3 33

 34 Private pension funds 32.9 35.3 40.1 40.1 42.0 43.3 39.3 39.6 35.4 32.1 34

 35 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

 36 Federal government retirement funds 79.0 87.1 103.8 113.6 123.9 134.6 145.9 157.9 170.5 183.9 36

 37 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37

 38 Mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

 39 Government-sponsored enterprises 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 39

 40 Finance companies 1.3 1.2 0.8 1.3 1.5 1.5 2.1 2.5 3.4 3.7 40

 41 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

 42 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 42

 43 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 43

 44 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 44

 45 Discrepancy -40.3 -47.0 -53.9 -56.3 -54.7 -60.8 -56.6 -50.6 -46.2 -40.9 45
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Historical Annuals, 1955-1964, 105

L.230 Identified Miscellaneous Financial Claims - Part I

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 U.S. direct investment abroad:

 1 Liab.: Rest of the world 19.4 22.5 25.4 27.4 29.8 31.9 34.7 37.3 40.7 44.5 1

 2 Asset: Nonfinancial corporate business 18.7 21.7 24.5 26.4 28.8 30.7 33.4 35.8 39.1 42.6 2

 3 U.S.-chartered depository institutions 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.3 3

 4 Property-casualty insurance companies 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 4

 5 Life insurance companies 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 5

 6 Finance companies 0.1 0.2 0.2 0.2 0.2 0.3 0.3 0.4 0.4 0.5 6

 7 Brokers and dealers 0.2 0.2 0.2 0.2 0.3 0.3 0.4 0.4 0.5 0.6 7

 Foreign direct investment in U.S.:

 8 Liab.: Nonfinancial corporate business 3.6 4.0 4.2 4.5 4.9 5.2 5.3 5.7 5.9 6.0 8

 9 Nonfinancial noncorporate business 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 9

 10 Foreign banking offices in U.S. 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 10

 11 Property-casualty insurance companies 0.5 0.5 0.4 0.5 0.5 0.5 0.6 0.6 0.6 0.7 11

 12 Life insurance companies 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.6 12

 13 Finance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Brokers and dealers 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 14

 15 Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Asset: Rest of the world 5.1 5.5 5.7 6.1 6.6 6.9 7.3 7.6 7.8 8.1 16

 Federal government equity in IBRD, etc.:

 17 Liab.: Rest of the world 0.6 0.7 0.7 0.7 0.7 0.8 1.0 1.1 1.2 1.2 17

 18 Asset: Federal government 0.6 0.7 0.7 0.7 0.7 0.8 1.0 1.1 1.2 1.2 18

 Federal Reserve Bank stock:

 19 Liab.: Monetary authority 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.5 0.5 0.5 19

 20 Asset: U.S.-chartered depository institutions 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.5 0.5 0.5 20

 Equity in government-sponsored enterprises:

 21 Liab.: Government-sponsored enterprises 1.0 1.1 1.3 1.4 1.5 1.7 1.8 1.9 1.9 1.9 21

 22 Asset: Nonfin. corporate business (Fannie Mae and FCS) 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 22

 23 Nonfinancial noncorporate (FCS) 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.4 23

 24 Federal government 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.3 0.2 24

 25 U.S.-chartered depository institutions (FHLB) 0.5 0.6 0.7 0.8 0.9 1.0 1.1 1.1 1.2 1.2 25

 26 Credit unions (FHLB) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26

 27 Life insurance companies (FHLB) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

 Holding company net transactions with subsidiaries:

 28 Liab.: U.S.-chartered depository institutions 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 29 Property-casualty insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

 30 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Finance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Asset: Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 34

 NFC investment in finance company subsidiaries:

 35 Liab.: Finance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

 36 Asset: Nonfinancial corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 Funding corporations’ investment in subsidiaries:

 37 Liab.: Foreign banking offices in U.S. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37

 38 Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

 39 Asset: Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 39

 Equity investment under Public-Private Inv. Program:

 40 Liab.: Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 41 Asset: Households (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

 42 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 42

(1) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).
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106 Historical Annuals, 1955-1964,

L.231 Identified Miscellaneous Financial Claims - Part II

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 Nonofficial foreign currencies:

 1 Liab.: Rest of the world 0.9 1.4 2.1 2.4 2.4 2.9 3.2 3.4 3.9 3.9 1

 2 Asset: Federal government 0.9 1.4 2.1 2.4 2.4 2.9 3.2 3.4 3.9 3.9 2

 3 Monetary authority (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 Postal Savings System deposits:

 4 Liab.: Federal government 2.0 1.7 1.4 1.2 1.0 0.8 0.7 0.6 0.5 0.4 4

 5 Asset: Household sector 2.0 1.7 1.4 1.2 1.0 0.8 0.7 0.6 0.5 0.4 5

 Deposits at Federal Home Loan Banks:

 6 Liab.: Government-sponsored enterprises 0.7 0.7 0.7 0.8 0.6 0.9 1.2 1.2 1.2 1.2 6

 7 Asset: U.S.-chartered depository institutions 0.7 0.7 0.7 0.8 0.6 0.9 1.2 1.2 1.2 1.2 7

 Deferred and unpaid life insurance premiums:

 8 Liab.: Household sector 1.5 1.7 1.8 2.0 2.2 2.4 2.5 2.7 2.9 3.0 8

 9 Asset: Life insurance companies 1.5 1.7 1.8 2.0 2.2 2.4 2.5 2.7 2.9 3.0 9

 Life insurance company reserves:

 10 Liab.: Life insurance companies 4.8 5.2 5.7 6.1 6.5 7.1 7.7 8.4 8.7 9.2 10

 11 Accident and health 0.6 0.6 0.7 0.7 0.8 0.9 0.9 1.0 1.1 1.3 11

 12 Policy dividend accumulation 3.4 3.8 4.1 4.4 4.7 5.2 5.6 6.1 6.2 6.5 12

 13 Contract claims 0.8 0.8 0.9 0.9 1.0 1.0 1.1 1.2 1.3 1.5 13

 14 Asset: Household sector 4.8 5.2 5.7 6.1 6.5 7.1 7.7 8.4 8.7 9.2 14

 Policy payables:

 15 Liab.: Property-casualty insurance companies 11.0 11.8 12.8 13.7 14.8 15.7 16.5 17.2 18.3 19.6 15

 16 Asset: Household sector 5.4 5.6 5.8 6.0 6.3 6.4 6.6 6.6 7.0 7.5 16

 17 Nonfinancial corporate business 2.1 2.4 3.0 3.6 4.1 4.7 5.2 5.7 6.1 6.4 17

 18 Nonfinancial noncorporate business 3.6 3.7 4.0 4.1 4.4 4.6 4.8 4.9 5.3 5.7 18

 Unallocated insurance company contracts:

 19 Liab.: Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Asset: Private pension funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 Pension fund contributions payable:

 21 Liab.: Nonfinancial corporate business 0.3 0.3 0.4 0.5 0.5 0.6 0.7 0.8 0.9 1.0 21

 22 Asset: Private pension funds 0.3 0.3 0.4 0.5 0.5 0.6 0.7 0.8 0.9 1.0 22

 Securities borrowed (net):

 23 Liab.: Funding corporations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Asset: Brokers and dealers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24

 Nonmarketable government securities:

 25 Liab.: Federal government 10.0 10.9 11.3 12.3 13.2 14.1 15.0 16.0 17.2 18.4 25

 26 Asset: Federal government retirement funds 10.0 10.9 11.3 12.3 13.2 14.1 15.0 16.0 17.2 18.4 26

 Retiree health care funds (2):

 27 Liab.: Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

 28 Asset: Household sector 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 28

 Claims of pension fund on sponsor (3):

 29 Liab.: Nonfinancial corporate business 31.7 33.8 38.4 38.2 39.9 40.8 36.5 36.3 31.7 27.3 29

 30 State and local governments 21.2 23.8 25.9 28.8 26.5 29.4 32.1 25.5 27.3 29.5 30

 31 Federal government 69.0 76.2 92.5 101.4 110.7 120.5 130.9 141.9 153.4 165.5 31

 32 Asset: Private pension funds 31.7 33.8 38.4 38.2 39.9 40.8 36.5 36.3 31.7 27.3 32

 33 State and local govt. retirement funds 21.2 23.8 25.9 28.8 26.5 29.4 32.1 25.5 27.3 29.5 33

 34 Federal government retirement funds 69.0 76.2 92.5 101.4 110.7 120.5 130.9 141.9 153.4 165.5 34

(1) Reciprocal currency arrangements (swap lines) with foreign central banks.

(2) Includes Uniform Services Retiree Health Care Fund and Postal Service Retiree Health Benefits Fund.

(3) Assets of the household sector.
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L.232 Unidentified Miscellaneous Financial Claims

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total liabilities -10.6 -12.9 -17.0 -15.7 -15.6 -18.4 -10.6 -9.4 -1.0 8.6 1

 2 Nonfinancial corporate business -27.4 -29.8 -34.3 -33.9 -35.3 -35.8 -30.5 -29.9 -24.3 -18.7 2

 3 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Federal government 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.2 0.2 0.1 4

 5 Rest of the world 2.9 3.3 3.1 2.6 2.8 2.8 3.0 1.4 0.2 2.1 5

 6 Monetary authority 0.3 0.2 0.1 0.2 0.5 0.3 0.2 0.2 0.1 0.8 6

 7 U.S.-chartered depository institutions 4.4 4.7 5.3 6.3 7.1 5.7 7.1 7.7 9.9 10.9 7

 8 Foreign banking offices in U.S. -0.3 -0.3 -0.4 -0.4 -0.4 -0.6 -0.9 -0.8 -0.8 -1.3 8

 9 Banks in U.S.-affiliated areas 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 9

 10 Credit unions 0.3 0.3 0.4 0.6 0.7 0.8 0.9 0.9 0.9 0.8 10

 11 Life insurance companies 2.2 2.4 2.6 2.8 2.6 2.9 3.2 3.6 3.9 4.2 11

 12 Government-sponsored enterprises 0.3 0.5 0.5 0.5 0.6 0.6 0.6 0.6 0.6 0.7 12

 13 Finance companies 5.3 4.3 4.3 4.2 4.6 3.8 4.4 5.5 7.1 7.8 13

 14 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Brokers and dealers 0.8 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 15

 16 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Funding corporations 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.3 17

 18 Total assets 8.5 10.3 11.0 11.8 12.5 13.0 13.9 15.7 18.0 20.0 18

 19 Nonfinancial corporate business 0.8 0.9 0.8 0.8 1.0 1.7 1.8 2.2 3.2 4.0 19

 20 Nonfinancial noncorporate business -0.0 0.0 -0.0 0.0 0.0 -0.0 0.0 0.0 0.0 -0.0 20

 21 State and local governments 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.3 0.3 21

 22 Federal government 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Rest of the world 2.5 3.2 3.7 3.8 3.3 2.8 2.7 1.8 1.8 1.2 23

 24 Monetary authority 0.2 0.3 0.3 0.2 0.4 0.3 0.3 0.4 0.4 0.4 24

 25 U.S.-chartered depository institutions 1.4 1.7 2.0 2.2 2.6 2.4 2.7 3.9 4.3 4.4 25

 26 Foreign banking offices in U.S. -0.1 0.2 0.3 0.4 0.4 0.6 0.2 0.3 0.3 0.6 26

 27 Banks in U.S.-affiliated areas 0.3 0.3 0.4 0.4 0.3 0.4 0.4 0.5 0.5 0.6 27

 28 Credit unions -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 -0.1 -0.2 -0.2 -0.2 28

 29 Life insurance companies 0.8 0.9 1.0 1.1 1.2 1.3 1.5 1.6 1.8 1.9 29

 30 Private pension funds 0.9 1.2 1.3 1.4 1.6 1.9 2.0 2.6 2.8 3.8 30

 31 State and local govt. retirement funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 32

 33 Money market mutual funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Government-sponsored enterprises 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 34

 35 Finance companies 1.1 1.0 0.7 1.1 1.3 1.2 1.8 2.2 2.9 3.2 35

 36 REITs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Brokers and dealers -0.2 -0.2 -0.2 -0.2 -0.3 -0.3 -0.4 -0.4 -0.5 -0.6 37

 38 Holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

 39 Discrepancy -40.3 -47.0 -53.9 -56.3 -54.7 -60.8 -56.6 -50.6 -46.2 -40.9 39
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108 Historical Annuals, 1955-1964,

B.100 Balance Sheet of Households and Nonprofit Organizations (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Assets 1709.9 1833.6 1905.3 2072.5 2192.8 2286.7 2473.1 2554.2 2697.6 2907.4 1

 2 Nonfinancial assets 566.0 608.6 644.3 670.8 706.5 738.2 770.3 804.3 839.9 884.9 2

 3 Real estate 414.7 446.0 471.9 494.0 521.7 547.9 576.7 603.9 628.9 662.8 3

 4 Households (2,3) 367.4 394.3 417.2 438.4 463.6 486.9 511.1 533.2 553.2 579.8 4

 5 Nonprofit organizations 47.3 51.7 54.7 55.6 58.0 61.0 65.6 70.7 75.7 83.0 5

 6 Equipment (nonprofits) (4) 2.4 2.7 3.1 3.3 3.6 3.8 4.0 4.3 4.6 4.9 6

 7 Intellectual property products (nonprofits) (4) 0.7 0.8 0.9 1.0 1.1 1.1 1.3 1.4 1.6 1.8 7

 8 Consumer durable goods (4) 148.1 159.1 168.5 172.6 180.2 185.4 188.4 194.7 204.8 215.4 8

 9 Financial assets 1144.0 1225.0 1261.1 1401.7 1486.3 1548.5 1702.8 1749.9 1857.7 2022.5 9

 10 Deposits 175.8 187.1 198.2 215.0 228.1 242.0 259.8 286.1 317.0 345.9 10

 11 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Checkable deposits and currency 70.0 71.9 71.0 73.7 75.6 77.6 77.0 77.2 82.1 84.9 12

 13 Time and savings deposits 105.8 115.2 127.2 141.3 152.5 164.5 182.8 208.8 234.9 261.0 13

 14 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Credit market instruments 117.6 124.9 131.9 132.7 142.8 150.9 154.9 158.2 159.8 166.2 15

 16 Open market paper 1.4 1.4 1.7 1.8 1.6 2.6 2.2 3.0 4.2 5.2 16

 17 Treasury securities 68.8 70.2 71.5 68.6 71.6 72.2 71.9 73.7 72.9 73.6 17

 18 Savings bonds 50.2 50.1 48.2 47.7 45.9 45.6 46.4 47.0 48.1 49.1 18

 19 Other Treasury 18.6 20.1 23.3 20.9 25.7 26.6 25.5 26.8 24.7 24.5 19

 20 Agency- and GSE-backed securities 0.6 1.0 1.5 0.8 2.3 1.0 0.6 0.2 0.0 0.2 20

 21 Municipal securities 19.2 21.9 23.9 24.6 28.4 31.0 32.5 32.1 32.1 34.9 21

 22 Corporate and foreign bonds 5.0 6.1 7.2 7.9 8.2 10.6 10.8 10.2 10.1 10.3 22

 23 Other loans and advances (5) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

 24 Mortgages 22.7 24.3 26.2 28.8 30.7 33.5 36.8 39.0 40.5 42.0 24

 25 Consumer credit (student loans) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Corporate equities (2) 248.2 271.0 244.5 322.3 357.3 359.8 443.2 431.2 469.9 544.1 26

 27 Mutual fund shares (6) 7.8 9.0 8.7 13.2 15.8 17.0 22.9 20.9 24.8 28.4 27

 28 Security credit 0.9 0.9 0.9 1.2 1.0 1.1 1.2 1.2 1.2 1.7 28

 29 Life insurance reserves 69.3 72.7 75.5 78.5 82.0 85.2 88.6 92.4 96.6 101.1 29

 30 Pension entitlements 173.8 192.0 221.3 243.3 262.2 284.5 306.7 317.3 340.3 367.1 30

 31 Equity in noncorporate business (7) 338.4 354.9 367.1 382.2 383.4 393.6 410.5 427.0 431.8 450.9 31

 32 Miscellaneous assets 12.2 12.5 12.9 13.2 13.8 14.3 15.0 15.5 16.2 17.2 32

 33 Liabilities 144.3 159.5 172.0 184.0 206.6 224.7 243.5 265.6 294.7 324.4 33

 34 Credit market instruments 138.4 153.2 165.8 176.5 198.5 216.5 233.9 255.8 282.9 312.7 34

 35 Home mortgages (8) 87.9 98.7 107.3 117.1 130.0 141.3 154.0 168.3 185.1 202.3 35

 36 Consumer credit 42.9 46.6 49.2 49.5 57.2 61.2 63.4 69.3 77.9 87.4 36

 37 Municipal securities (9) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37

 38 Depository institution loans n.e.c. 1.8 1.2 1.6 1.2 1.5 2.5 3.7 4.1 4.6 6.3 38

 39 Other loans and advances 3.6 3.9 4.4 4.8 5.4 6.3 7.0 7.7 8.4 9.2 39

 40 Commercial mortgages (9) 2.2 2.9 3.3 3.9 4.4 5.2 5.7 6.3 6.9 7.5 40

 41 Security credit 3.0 3.1 2.7 3.7 3.7 3.6 4.6 4.5 6.0 5.5 41

 42 Trade payables (9) 1.4 1.5 1.7 1.8 2.2 2.3 2.5 2.6 2.9 3.2 42

 43 Deferred and unpaid life insurance premiums 1.5 1.7 1.8 2.0 2.2 2.4 2.5 2.7 2.9 3.0 43

 44 Net worth 1565.7 1674.1 1733.3 1888.5 1986.2 2062.0 2229.6 2288.6 2402.9 2583.0 44

 Memo:

 Replacement-cost value of structures:

 45 Residential 312.2 330.9 344.8 357.2 375.6 384.7 392.6 400.6 413.1 447.2 45

 46 Households 303.2 321.8 335.5 347.9 365.9 374.4 381.6 388.6 400.9 433.8 46

 47 Nonprofit organizations 8.9 9.2 9.2 9.4 9.7 10.3 11.0 11.9 12.2 13.4 47

 48 Nonresidential (nonprofits) 27.5 30.5 32.7 33.4 35.1 36.6 39.3 42.5 45.4 49.8 48

 49 Disposable personal income (SAAR) 291.7 311.8 329.6 340.9 360.9 376.5 393.8 417.5 438.3 476.3 49

 Household net worth as percentage of

 50 disposable personal income (SAAR) 536.7 536.9 525.9 553.9 550.3 547.7 566.1 548.1 548.2 542.3 50

 Owners’ equity in household real

 51 estate (10) 279.5 295.6 309.8 321.3 333.6 345.6 357.1 364.9 368.2 377.5 51

 Owners’ equity as percentage of

 52 household real estate (11) 76.1 75.0 74.3 73.3 72.0 71.0 69.9 68.4 66.6 65.1 52

(1) Sector includes domestic hedge funds, private equity funds, and personal trusts.

(2) At market value.

(3) All types of owner-occupied housing including farm houses and mobile homes, as well as second homes that are not rented, vacant homes for sale, and vacant land.

(4) At replacement (current) cost.

(5) Syndicated loans to nonfinancial corporate business by nonprofits and domestic hedge funds.

(6) Value based on the market values of equities held and the book value of other assets held by mutual funds.

(7) Net worth of nonfinancial noncorporate business (table B.103, line 33) and owners’ equity in unincorporated security brokers and dealers.

(8) Includes loans made under home equity lines of credit and home equity loans secured by junior liens, shown on table L.218, line 23.

(9) Liabilities of nonprofit organizations.

(10) Line 4 less line 35.

(11) Line 51 divided by line 4.
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Historical Annuals, 1955-1964, 109

B.102 Balance Sheet of Nonfinancial Corporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 With nonfinancial assets stated at either market value or replacement cost:

 1 Assets 615.5 672.5 709.1 733.0 772.9 790.3 819.8 854.6 893.5 945.0 1

 2 Nonfinancial assets 473.9 525.8 557.9 570.2 595.0 609.6 626.4 649.3 672.7 709.7 2

 3 Real estate (1) 285.2 313.6 330.0 337.8 348.1 352.7 362.5 372.0 381.3 399.4 3

 4 Equipment (2) 99.7 114.0 125.6 129.7 136.5 141.9 145.2 151.6 158.5 168.5 4

 5 Intellectual property products (2) 15.1 17.3 19.3 21.0 23.1 25.0 27.1 28.9 31.4 33.9 5

 6 Inventories (2) 73.9 80.9 82.9 81.7 87.2 89.9 91.6 96.8 101.5 107.9 6

 7 Financial assets 141.6 146.7 151.2 162.8 177.9 180.7 193.4 205.4 220.7 235.3 7

 8 Foreign deposits 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.8 0.7 1.1 8

 9 Checkable deposits and currency 29.5 29.2 29.2 30.3 29.4 28.4 31.9 34.8 33.7 33.0 9

 10 Time and savings deposits 1.0 1.0 1.0 1.9 1.5 3.0 4.1 5.0 5.7 6.7 10

 11 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 12

 13 Commercial paper 0.2 0.3 0.4 0.2 0.7 0.8 1.1 1.3 1.0 1.7 13

 14 Treasury securities 21.3 16.7 15.6 16.1 21.6 15.8 14.1 12.3 15.1 14.5 14

 15 Agency- and GSE-backed securities 0.3 0.4 0.8 0.6 1.2 1.1 1.2 1.3 1.6 1.0 15

 16 Municipal securities 1.2 1.3 1.5 2.0 1.8 2.4 2.4 2.7 3.8 3.7 16

 17 Mortgages 0.0 0.1 0.1 0.1 0.0 0.0 0.0 0.1 0.1 0.1 17

 18 Consumer credit 8.3 8.6 8.7 8.8 10.1 9.6 9.6 10.4 11.3 12.3 18

 19 Trade receivables 58.0 63.8 65.4 71.8 77.4 82.3 88.3 92.8 99.1 107.6 19

 20 Mutual fund shares (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.3 20

 21 Miscellaneous assets 21.6 25.1 28.4 30.8 34.0 37.2 40.5 43.8 48.5 53.1 21

 22 Liabilities 171.7 184.0 193.4 203.0 219.9 230.4 243.1 258.5 279.1 301.5 22

 23 Credit market instruments 101.1 110.8 120.4 127.7 136.4 145.0 151.9 162.5 173.1 186.4 23

 24 Commercial paper 0.4 0.4 0.4 0.7 0.3 0.8 1.1 1.2 1.0 1.1 24

 25 Municipal securities (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 25

 26 Corporate bonds (4) 54.6 58.0 64.1 69.7 72.8 76.2 80.6 84.6 88.4 92.4 26

 27 Depository institution loans n.e.c. 25.6 30.6 31.7 31.4 35.2 37.1 37.5 41.2 44.5 48.8 27

 28 Other loans and advances 4.4 4.7 5.7 5.8 7.1 9.1 9.5 9.8 10.9 12.7 28

 29 Mortgages 16.2 17.1 18.4 20.2 21.0 21.8 23.2 25.6 28.2 31.4 29

 30 Trade payables 44.0 48.1 49.7 53.9 59.2 62.1 65.8 68.8 76.2 83.2 30

 31 Taxes payable 18.4 16.8 14.6 12.0 14.2 12.6 13.3 14.4 15.7 16.2 31

 32 Miscellaneous liabilities 8.2 8.3 8.7 9.3 10.1 10.7 12.1 12.9 14.1 15.7 32

 33 Net worth (market value) 443.9 488.5 515.7 530.0 553.0 559.9 576.8 596.2 614.4 643.5 33

 Memo:

 Replacement-cost value of structures:

 34 Residential 4.0 4.1 4.2 4.2 4.6 5.1 5.7 6.3 6.8 7.7 34

 35 Nonresidential 212.9 232.7 246.6 249.3 257.1 258.8 264.5 270.1 275.6 288.3 35

 36 Market value of equities outstanding 244.2 268.4 245.7 324.7 362.2 365.2 437.7 424.3 465.8 546.0 36

 37 Debt/net worth (percent) (5) 22.8 22.7 23.3 24.1 24.7 25.9 26.3 27.3 28.2 29.0 37

 38 Debt/equities (percent) (6) 41.4 41.3 49.0 39.3 37.7 39.7 34.7 38.3 37.2 34.1 38

 39 Equities/net worth (percent) (7) 55.0 54.9 47.6 61.3 65.5 65.2 75.9 71.2 75.8 84.8 39

 With nonfinancial assets stated at historical cost:

 40 Assets (8) 430.1 463.1 490.6 517.6 556.8 582.6 617.6 655.4 698.2 743.4 40

 41 Nonfinancial assets 288.4 316.4 339.4 354.8 378.9 401.9 424.2 450.0 477.4 508.1 41

 42 Real estate 123.1 133.6 144.0 153.3 162.7 172.9 183.4 193.8 204.1 215.6 42

 43 Equipment 79.1 87.0 96.0 100.8 107.1 114.7 121.0 128.9 137.4 147.9 43

 44 Intellectual property products 13.3 15.2 17.0 18.8 20.6 22.6 24.7 26.8 29.1 31.5 44

 45 Inventories 73.0 80.6 82.3 81.9 88.4 91.6 95.0 100.6 106.8 113.1 45

 46 Net worth (historical cost) (9) 258.4 279.1 297.2 314.6 336.8 352.2 374.5 396.9 419.1 442.0 46

 Memo:

 Historical-cost value of structures:

 47 Residential 1.7 1.7 1.8 1.9 2.3 2.9 3.5 4.1 4.6 5.1 47

 48 Nonresidential 110.4 119.7 129.3 136.9 144.4 152.6 160.4 168.3 175.9 185.1 48

 49 Debt/net worth (percent) (10) 39.1 39.7 40.5 40.6 40.5 41.2 40.5 40.9 41.3 42.2 49

 (1) At market value.

 (2) At replacement (current) cost.

 (3) 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.

 (4) Through 1992, corporate bonds include net issues by Netherlands Antillean financial subsidiaries, and U.S. direct investment abroad excludes net inflows from those bond issues.

 (5) Line 23 divided by line 33.

 (6) Line 23 divided by line 36

 (7) Line 36 divided by line 33.

 (8) Sum of lines 7 and 41.

 (9) Line 40 less line 22.

 (10) Line 23 divided by line 46.
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110 Historical Annuals, 1955-1964,

B.103 Balance Sheet of Nonfinancial Noncorporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Assets 386.5 407.0 422.0 442.0 448.8 464.3 487.5 511.5 523.6 550.5 1

 2 Nonfinancial assets 354.0 372.9 387.6 404.8 413.8 429.7 452.2 476.3 488.5 514.4 2

 3 Real estate (1) 282.0 297.3 307.4 318.8 329.8 344.4 365.1 386.1 399.0 423.9 3

 4 Residential 150.3 154.1 156.6 159.5 163.2 174.7 187.5 200.5 203.1 215.8 4

 5 Nonresidential 131.7 143.2 150.8 159.3 166.6 169.7 177.5 185.6 195.9 208.1 5

 6 Equipment (2) 38.0 40.4 42.7 43.6 45.0 45.4 45.3 46.1 47.5 49.5 6

 7 Residential (3) 1.7 1.7 1.9 2.0 2.2 2.3 2.3 2.3 2.5 2.6 7

 8 Nonresidential 36.3 38.7 40.8 41.6 42.8 43.2 43.0 43.8 45.0 46.9 8

 9 Intellectual property products (2) 3.7 3.9 4.2 4.4 4.8 5.0 5.3 5.5 5.7 6.0 9

 10 Inventories (2) 30.4 31.3 33.3 38.0 34.2 35.0 36.6 38.6 36.2 35.1 10

 11 Financial assets 32.5 34.1 34.4 37.2 35.0 34.6 35.3 35.2 35.1 36.0 11

 12 Checkable deposits and currency 17.9 18.1 18.8 20.3 18.7 18.0 18.2 18.2 18.0 18.1 12

 13 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Credit market instruments 2.9 3.1 3.1 3.1 3.4 3.2 3.1 3.3 3.6 3.8 15

 16 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 18 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Consumer credit 2.9 3.1 3.1 3.1 3.4 3.2 3.1 3.3 3.6 3.8 19

 20 Trade receivables 7.9 9.1 8.4 9.4 8.2 8.6 8.9 8.5 8.0 8.1 20

 21 Miscellaneous assets 3.7 3.9 4.2 4.3 4.6 4.8 5.1 5.2 5.6 6.0 21

 22 Insurance receivables 3.6 3.7 4.0 4.1 4.4 4.6 4.8 4.9 5.3 5.7 22

 23 Equity investment in GSEs (4) 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.4 23

 24 Other -0.0 0.0 -0.0 0.0 0.0 -0.0 0.0 0.0 0.0 -0.0 24

 25 Liabilities 48.1 52.1 54.9 59.8 65.4 70.8 77.0 84.5 91.8 99.5 25

 26 Credit market instruments 34.8 37.9 40.4 44.2 50.2 55.0 61.7 69.3 78.0 86.3 26

 27 Depository institution loans n.e.c. 5.7 6.3 6.7 7.3 8.3 8.9 9.5 10.6 11.7 12.5 27

 28 Other loans and advances 5.6 5.9 6.2 6.6 7.1 7.4 7.8 8.2 9.1 9.9 28

 29 Mortgages 23.5 25.7 27.5 30.3 34.8 38.7 44.5 50.5 57.2 63.9 29

 30 Trade payables 13.2 14.1 14.4 15.4 15.0 15.6 15.1 15.0 13.6 13.1 30

 31 Taxes payable 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

 32 Miscellaneous liabilities 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 32

 33 Net worth (5) 338.4 354.9 367.1 382.2 383.4 393.6 410.5 427.0 431.8 450.9 33

 Memo:

 Replacement-cost value of structures:

 34 Residential 113.6 115.9 117.2 118.9 121.4 131.7 142.4 154.0 155.4 166.8 34

 35 Nonresidential 46.6 50.9 52.6 52.5 54.1 54.9 57.3 60.2 63.0 67.7 35

 36 Debt/net worth (percent) (6) 10.3 10.7 11.0 11.6 13.1 14.0 15.0 16.2 18.1 19.1 36

(1) At market value.

(2) At replacement (current) cost.

(3) Durable goods in rental properties.

(4) Equity in the Farm Credit System.

(5) Line 1 less line 25. Included in table B.100, line 31.

(6) Line 26 divided by line 33.
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Historical Annuals, 1955-1964, 111

R.100 Change in Net Worth of Households and Nonprofit Organizations

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Change in net worth (1) 122.1 108.4 59.2 155.2 97.6 75.8 167.6 59.0 114.3 180.1 1

 2 Net investment 45.1 49.2 54.0 49.2 49.1 49.6 47.5 52.8 57.9 72.6 2

 3 Net physical investment 28.9 22.9 22.4 15.9 26.1 22.1 18.9 24.1 27.9 31.6 3

 4 Capital expenditures 63.3 61.5 61.8 58.6 68.8 67.6 65.5 72.1 78.2 84.9 4

 5 - Consumption of fixed capital 34.4 38.6 39.5 42.7 42.7 45.5 46.6 48.0 50.3 53.3 5

 6 Net lending (+) or net borrowing (-) 16.2 26.3 31.6 33.3 23.0 27.5 28.6 28.7 30.0 41.0 6

 7 Net acquisition of financial assets 37.5 41.5 44.2 45.3 45.5 45.6 47.3 50.8 59.1 70.8 7

 8 - Net increase in liabilities 21.3 15.2 12.5 12.0 22.6 18.1 18.7 22.1 29.1 29.8 8

 Holding gains on assets

 9 at market value (2) 78.5 54.7 2.6 103.9 49.1 26.6 120.8 5.9 55.3 112.2 9

 10 Real estate 17.2 15.2 10.8 8.6 9.9 10.0 13.5 10.3 6.8 15.0 10

 11 Corporate equities 49.4 22.9 -25.6 79.7 38.2 6.3 87.8 -5.4 45.9 81.2 11

 12 Mutual fund shares 1.2 0.4 -1.2 3.1 1.2 0.2 4.2 -2.8 2.9 2.7 12

 13 Equity in noncorporate business 10.5 16.5 11.9 12.2 5.7 11.5 17.0 16.8 3.4 17.6 13

 14 Life insurance reserves 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Pension entitlements 0.3 -0.3 6.7 0.3 -5.8 -1.3 -1.7 -12.9 -3.7 -4.3 15

 16 Equity investment under PPIP 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 Holding gains on assets

 17 at current cost (2) -1.0 5.0 2.5 2.7 0.8 -0.0 -0.1 -0.7 0.9 -1.2 17

 18 Consumer durable goods -1.1 4.9 2.3 2.7 0.7 -0.0 -0.1 -0.7 0.9 -1.2 18

 19 Equipment 0.0 0.1 0.1 -0.0 0.1 0.0 -0.0 -0.0 0.0 0.0 19

 20 Intellectual property products 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Other volume changes (3) -0.5 -0.5 0.1 -0.7 -1.4 -0.4 -0.5 0.9 0.2 -3.4 21

 Memo:

 22 Net worth outstanding (4) 1565.7 1674.1 1733.3 1888.5 1986.2 2062.0 2229.6 2288.6 2402.9 2583.0 22

 23 Disposable personal income 291.7 311.8 329.6 340.9 360.9 376.5 393.8 417.5 438.3 476.3 23

(1) Sum of net investment (line 2), holding gains (lines 9 and 17), and other volume changes (line 21).

(2) Calculated as change in amount outstanding less net purchases during period less disaster-related losses to fixed assets.

(3) Consists of statistical discontinuities and disaster-related losses to fixed assets. Also includes the difference between series for consumption of fixed capital published by BEA.

(4) Table B.100, line 44.
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112 Historical Annuals, 1955-1964,

R.102 Change in Net Worth of Nonfinancial Corporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Change in net worth (1) 33.4 44.7 27.2 14.2 23.0 6.9 16.9 19.4 18.2 29.2 1

 2 Net investment 12.0 13.6 11.2 7.3 13.4 7.3 12.2 14.7 13.8 15.8 2

 3 Net physical investment 16.8 20.9 16.2 5.5 14.8 14.9 12.9 18.1 19.1 23.8 3

 4 Capital expenditures 34.0 39.6 38.4 30.7 41.2 42.3 41.7 48.0 50.5 56.6 4

 5 - Consumption of fixed capital 18.9 21.4 23.8 25.5 26.7 27.6 28.6 29.8 31.3 33.3 5

 6 - Inventory valuation adjustment -1.7 -2.7 -1.5 -0.3 -0.3 -0.2 0.3 0.0 0.1 -0.5 6

 7 Net lending (+) or net borrowing (-) -6.5 -9.5 -7.5 -0.2 -3.5 -9.0 -2.8 -3.8 -5.0 -9.1 7

 8 Net acquisition of financial assets 17.4 5.0 4.6 11.6 15.1 2.8 13.4 12.0 15.4 14.5 8

 9 - Net increase in liabilities 23.9 14.6 12.1 11.7 18.6 11.9 16.2 15.8 20.3 23.7 9

 10 Net corporate equity issues 1.7 2.3 2.4 2.0 2.1 1.4 2.1 0.4 -0.3 1.1 10

 Holding gains on assets

 11 at market value (2) 14.6 20.6 9.1 1.3 3.8 -2.7 2.1 1.5 1.1 8.7 11

 12 Real estate 14.6 20.6 9.1 1.3 3.8 -2.7 2.1 1.5 1.1 8.7 12

 13 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 13

 Holding gains on assets less

 14 liabilities at current cost (2) 6.4 9.9 5.9 3.6 4.8 -0.3 -0.2 0.2 0.6 2.1 14

 15 Equipment 5.5 8.6 5.3 2.0 3.3 0.4 -0.8 0.6 0.3 1.2 15

 16 Intellectual property products 0.4 0.6 0.5 0.3 0.6 0.3 0.3 0.1 0.4 0.5 16

 17 Inventories (3) -0.3 -0.3 -0.2 0.7 0.1 -0.1 -0.0 -0.1 -0.1 0.2 17

 18 Direct investment abroad 0.9 1.2 0.4 0.8 1.0 -0.9 0.2 -0.3 -0.0 -0.0 18

 19 - Foreign direct investment in U.S. 0.2 0.2 0.1 0.2 0.2 0.0 -0.1 0.1 -0.0 -0.1 19

 20 Other volume changes (4) 0.4 0.6 1.0 2.0 0.9 2.6 2.8 2.9 2.7 2.5 20

 Memo:

 21 Net worth outstanding (5) 443.9 488.5 515.7 530.0 553.0 559.9 576.8 596.2 614.4 643.5 21

(1) Sum of net investment (line 2), holding gains (lines 11 and 14), and other volume changes (line 20).

(2) Calculated as change in amount outstanding less net purchases during period less disaster-related losses to fixed assets.

(3) Before inventory valuation adjustment.

(4) Consists of statistical discontinuities and disaster-related losses to fixed assets.

(5) Table B.102, line 33.
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Historical Annuals, 1955-1964, 113

R.103 Change in Net Worth of Nonfinancial Noncorporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Change in net worth (1) 9.4 16.5 12.3 15.1 1.1 10.2 16.9 16.5 4.8 19.1 1

 2 Net capital transfers paid 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Net investment -1.1 0.0 0.4 2.9 -4.5 -1.3 -0.1 -0.3 1.4 1.5 3

 4 Net physical investment 3.9 2.4 2.9 5.0 3.3 4.4 5.5 7.3 8.8 8.4 4

 5 Capital expenditures 13.1 12.2 13.3 15.9 14.5 15.7 17.0 19.1 20.9 21.1 5

 6 - Consumption of fixed capital 9.2 9.9 10.4 10.9 11.2 11.3 11.5 11.8 12.2 12.7 6

 7 Net lending (+) or net borrowing (-) -3.9 -2.4 -2.9 -5.0 -3.3 -4.4 -5.5 -7.3 -8.8 -8.4 7

 8 Net acquisition of financial assets 0.4 1.7 0.3 2.8 -2.1 -0.4 0.6 -0.1 -0.0 0.9 8

 9 - Net increase in liabilities 4.3 4.0 3.1 7.8 1.2 4.0 6.2 7.2 8.7 9.3 9

 10 Proprietor’s net investment (2) -1.1 0.0 0.4 2.9 -4.5 -1.3 -0.1 -0.3 1.4 1.5 10

 11 Holding gains on real estate (3) 12.9 13.1 7.9 8.2 7.1 10.9 16.2 15.3 5.9 17.1 11

 12 Residential 5.1 2.8 1.5 1.1 1.4 9.6 10.1 9.2 -2.0 7.4 12

 13 Nonresidential 7.8 10.2 6.4 7.1 5.7 1.3 6.1 6.1 8.0 9.6 13

 14 Holding gains on assets at current cost (3) -2.4 3.4 3.9 4.0 -1.5 0.6 0.7 1.5 -2.5 0.5 14

 15 Residential equipment -0.1 -0.1 0.1 -0.0 0.0 -0.0 -0.0 -0.1 -0.0 -0.0 15

 16 Nonresidential equipment 1.5 1.8 1.8 1.0 0.9 0.4 0.1 0.3 0.5 0.6 16

 17 Intellectual property products 0.1 0.1 0.2 0.0 0.2 0.1 0.1 0.0 0.1 0.2 17

 18 Inventories -3.9 1.6 1.9 2.9 -2.6 0.2 0.6 1.2 -3.1 -0.2 18

 19 Other volume changes (4) -0.0 0.0 0.0 -0.0 -0.0 0.0 0.0 0.0 -0.0 -0.0 19

 Memo:

 20 Net worth outstanding (5) 338.4 354.9 367.1 382.2 383.4 393.6 410.5 427.0 431.8 450.9 20

(1) Sum of net capital transfers paid (line 2), net investment (line 3), holding gains (lines 11 and 14), and other volume changes (line 19).

(2) Shown on table F.103, line 30.

(3) Calculated as change in amount outstanding less net investment during period less disaster-related losses to fixed assets.

(4) Consists of statistical discontinuities and disaster-related losses to fixed assets.

(5) Table B.103, line 33.
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B.100.e Balance Sheet of Households and Nonprofit Organizations with Equity Detail (1)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Assets 1709.9 1833.6 1905.3 2072.5 2192.8 2286.7 2473.1 2554.2 2697.6 2907.4 1

 2 Nonfinancial assets 566.0 608.6 644.3 670.8 706.5 738.2 770.3 804.3 839.9 884.9 2

 3 Financial assets 1144.0 1225.0 1261.1 1401.7 1486.3 1548.5 1702.8 1749.9 1857.7 2022.5 3

 4 Deposits 175.8 187.1 198.2 215.0 228.1 242.0 259.8 286.1 317.0 345.9 4

 5 Credit market instruments 117.6 124.9 131.9 132.7 142.8 150.9 154.9 158.2 159.8 166.2 5

 6 Equity shares at market value 256.4 280.3 253.4 336.3 374.1 377.9 468.0 453.6 497.2 576.0 6

 7 Directly held 248.2 271.0 244.5 322.3 357.3 359.8 443.2 431.2 469.9 544.1 7

 8 Indirectly held 8.1 9.3 8.9 14.0 16.8 18.1 24.8 22.4 27.3 31.9 8

 9 Life insurance companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 9

 10 Private pension funds (2) 1.2 1.4 1.5 2.3 2.9 3.3 4.6 4.4 5.5 6.7 10

 11 Federal govt. retirement funds (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Mutual funds 6.9 7.9 7.4 11.7 13.9 14.8 20.3 18.0 21.7 25.0 12

 13 Other 594.2 632.7 677.5 717.8 741.3 777.7 820.1 852.0 883.7 934.5 13

 14 Liabilities 144.3 159.5 172.0 184.0 206.6 224.7 243.5 265.6 294.7 324.4 14

 15 Net worth 1565.7 1674.1 1733.3 1888.5 1986.2 2062.0 2229.6 2288.6 2402.9 2583.0 15

 Memo:

 Equity shares (line 6) as a percent of

 16 Total assets (line 1) 15.0 15.3 13.3 16.2 17.1 16.5 18.9 17.8 18.4 19.8 16

 17 Financial assets (line 3) 22.4 22.9 20.1 24.0 25.2 24.4 27.5 25.9 26.8 28.5 17

(1) Estimates of equity shares (lines 7 through 12) could differ from other sources owing to alternative definitions of ownership of equity by households.

 Prior to 1985, all pension assets are assumed to have been in defined benefit plans.

(2) Defined contribution plans. Assets held by defined benefit pension funds are not considered assets of the household sector. Defined benefit pension entitlements are included in line 13.
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F.105.c Consolidated Statement for Federal, State, and Local Governments

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Current receipts, NIPA basis 97.9 105.5 111.2 109.6 123.4 133.9 138.5 150.1 161.6 166.0 1

 2 Personal current taxes 32.9 36.6 38.9 38.6 42.3 46.1 47.2 51.6 54.6 52.1 2

 3 Taxes on production and imports 31.5 34.2 36.6 37.7 41.1 44.5 47.0 50.4 53.4 57.3 3

 4 Taxes on corporate income 22.0 22.0 21.4 19.0 23.6 22.7 22.8 24.0 26.2 28.0 4

 5 Taxes from the rest of the world 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.2 0.2 5

 6 Contributions for govt. social insurance 9.1 10.0 11.4 11.4 13.9 16.5 17.1 19.2 21.7 22.5 6

 7 Income receipts on assets 0.9 1.0 1.1 1.1 1.3 2.8 3.0 3.3 3.5 3.9 7

 8 Current transfer receipts 0.8 0.9 1.0 1.0 0.7 0.8 1.0 1.1 1.2 1.4 8

 9 Current surplus of government enterprises 0.7 0.8 0.8 0.8 0.5 0.5 0.3 0.4 0.8 0.8 9

 10 Current expenditures, NIPA basis 96.3 101.2 111.3 120.6 125.1 131.2 141.0 152.0 160.0 168.6 10

 11 Consumption expenditures 68.9 71.4 77.3 81.9 83.0 85.0 89.9 98.3 103.4 109.1 11

 12 Government social benefits 14.8 15.6 18.1 22.2 22.9 24.7 28.4 29.1 30.7 31.7 12

 13 Other current transfer payments 2.2 2.0 1.9 2.0 4.0 3.5 3.5 3.6 3.6 3.4 13

 14 Interest payments 9.6 10.7 12.0 12.4 14.1 16.9 17.2 18.6 20.1 21.6 14

 15 Subsidies 0.9 1.5 1.9 2.1 1.1 1.1 2.0 2.3 2.2 2.7 15

 16 Net saving, NIPA basis 1.6 4.3 -0.1 -11.0 -1.7 2.8 -2.5 -1.9 1.6 -2.6 16

 17 + Consumption of fixed capital 13.9 15.3 16.7 17.5 18.6 19.7 20.8 22.3 23.8 25.1 17

 18 - Insurance and pension fund reserves (1) -0.1 0.4 0.1 0.1 0.1 0.1 -0.0 0.1 0.2 0.2 18

 19 - Contr. for govt. soc. insur., U.S.-affiliated areas 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 19

 20 - Net capital transfers (2) -1.2 -1.6 -1.8 -1.7 -1.8 -2.1 -2.4 -2.5 -2.8 -3.2 20

 21 = Gross saving less net capital transfers 16.7 20.8 18.2 8.1 18.5 24.5 20.7 22.7 28.0 25.5 21

 22 Gross investment 26.9 29.5 27.5 16.0 18.1 22.9 18.6 21.9 27.3 26.2 22

 23 Fixed investment 24.4 27.1 30.2 32.6 35.9 36.0 39.9 42.6 44.4 46.4 23

 24 Nonproduced nonfinancial assets 0.6 0.7 0.7 0.8 1.1 1.3 1.5 1.7 1.7 1.9 24

 25 Net lending (+) or net borrowing (-) 1.9 1.7 -3.5 -17.4 -18.9 -14.4 -22.8 -22.3 -18.9 -22.1 25

 26 Net acquisition of financial assets 14.2 10.5 10.9 10.0 5.4 2.4 4.5 5.1 5.9 6.5 26

 27 U.S. official reserve assets -0.1 0.6 0.3 -0.0 0.1 -0.4 0.2 -0.6 0.0 -0.2 27

 28 Checkable deposits and currency -0.2 -0.8 -0.5 0.1 2.4 1.0 -0.1 1.0 0.5 1.7 28

 29 Time and savings deposits -0.1 0.0 0.4 0.8 -0.5 1.4 0.9 1.0 1.6 1.7 29

 30 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

 31 Security RPs 0.5 0.6 0.5 -0.4 -0.8 -0.8 0.1 0.5 -1.2 -1.0 31

 32 Credit market instruments 0.8 0.8 0.8 1.5 1.8 1.6 2.2 1.9 1.8 3.2 32

 33 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 33

 34 Agency- and GSE-backed securities (3) 0.0 0.1 -0.0 -0.2 -0.1 0.5 0.5 0.3 0.6 0.5 34

 35 Municipal securities 0.0 0.0 0.1 0.1 -0.0 0.0 0.0 -0.2 -0.2 -0.1 35

 36 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

 37 Mortgages 0.3 0.1 0.5 0.6 1.5 0.4 0.7 0.3 -0.2 0.2 37

 38 Consumer credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

 39 Other loans and advances (4) 0.5 0.6 0.2 0.9 0.3 0.6 1.0 1.4 1.7 2.6 39

 40 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40

 41 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

 42 Trade receivables 0.3 0.3 0.0 -0.3 0.4 0.4 0.3 0.6 0.9 0.8 42

 43 Taxes receivable 12.5 8.4 8.7 8.0 2.1 -1.5 0.5 0.5 1.8 0.3 43

 44 Miscellaneous assets 0.5 0.7 0.7 0.3 0.0 0.7 0.4 0.2 0.4 -0.0 44

 45 Net increase in liabilities 12.3 8.8 14.3 27.3 24.3 16.8 27.4 27.4 24.8 28.6 45

 46 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 46

 47 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 47

 48 Treasury currency 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 48

 49 Credit market instruments 3.1 -2.8 2.6 14.7 11.5 2.4 12.3 11.2 7.9 11.2 49

 50 Savings bonds 0.3 -0.1 -1.9 -0.5 -1.8 -0.3 0.8 0.5 1.2 0.9 50

 51 Treasury bills and other Treasury securities (4) -1.5 -6.6 -0.4 9.4 7.8 -2.8 5.6 4.4 1.6 3.2 51

 52 Budget agency securities -0.7 -0.3 0.3 -0.1 -0.6 -0.3 0.3 0.5 -0.2 0.9 52

 53 Municipal securities 5.0 4.2 4.5 5.5 5.8 5.3 5.4 5.5 5.2 6.1 53

 54 Multifamily residential mortgages 0.0 0.0 0.1 0.4 0.3 0.4 0.2 0.3 0.1 0.0 54

 55 Trade payables 0.6 1.0 0.9 0.9 1.0 1.4 1.3 1.5 1.5 1.3 55

 56 Insurance reserves -0.2 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 56

 57 Miscellaneous liabilities (5) 8.8 10.3 10.7 11.6 11.6 12.9 13.6 14.6 15.2 15.9 57

 58 Discrepancy -10.1 -8.8 -9.2 -8.0 0.5 1.6 2.2 0.8 0.7 -0.7 58

 Memo:

 59 Net govt. saving less fixed investment (6) -22.8 -22.8 -30.3 -43.6 -37.6 -33.2 -42.4 -44.5 -42.8 -48.9 59

 60 Adjustment between NIPA and FOF (7) 24.7 24.6 26.8 26.2 18.7 18.8 19.5 22.2 24.0 26.9 60

 61 Items to be financed (8) 1.9 1.7 -3.5 -17.4 -18.9 -14.4 -22.8 -22.3 -18.9 -22.1 61

(1) Railroad Retirement Board, the National Railroad Retirement Investment Trust, and federal government life insurance reserves. Saving transferred to the households and nonprofit organizations sector.

 Includes value of Treasury and agency- and GSE-backed securities held by state and local government employee retirement funds.

(2) Table F.9, line 60 less line 12.

(3) Holdings by state and local governments may include small amounts of budget agency securities issued by the federal government.

(4) Excludes transactions with state and local governments.

(5) Includes nonmarketable government securities held by the civil service retirement and disability fund, Railroad Retirement Board, judicial retirement fund, military

 retirement fund, and foreign service retirement and disability fund.

(6) Line 17 less line 24.

(7) Line 18 less the sum of lines 19, 20, 21, 25, and 59.

(8) Line 60 plus line 61.
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116 Historical Annuals, 1955-1964,

L.105.c Consolidated Statement for Federal, State, and Local Governments

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 56.1 57.6 59.0 59.8 65.5 68.8 72.9 78.1 83.5 89.8 1

 2 U.S. official reserve assets 1.2 1.8 2.1 2.0 2.1 1.7 1.9 1.2 1.2 1.0 2

 3 Checkable deposits and currency 13.3 12.4 11.9 12.0 14.4 15.4 15.2 16.3 16.8 18.6 3

 4 Time and savings deposits 2.7 2.7 3.1 3.9 3.5 4.8 5.7 6.7 8.4 10.1 4

 5 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Security RPs 0.7 1.3 1.8 1.4 0.6 -0.2 -0.1 0.5 -0.7 -1.8 6

 7 Credit market instruments 24.3 25.0 25.8 27.2 29.3 30.9 33.0 34.9 36.7 39.9 7

 8 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Agency- and GSE-backed securities (1) 0.7 0.8 0.8 0.6 0.5 1.1 1.6 1.9 2.4 2.9 9

 10 Municipal securities 2.5 2.5 2.6 2.7 2.7 2.7 2.8 2.6 2.3 2.2 10

 11 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Mortgages 4.3 4.4 4.8 5.5 7.0 7.4 8.1 8.4 8.2 8.4 12

 13 Consumer credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Other loans and advances (2) 16.9 17.4 17.6 18.4 19.0 19.6 20.6 22.0 23.7 26.4 14

 15 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Trade receivables 5.1 5.5 5.5 5.2 5.6 6.0 6.3 6.8 7.8 8.6 17

 18 Taxes receivable 6.5 5.9 5.2 4.1 6.2 5.6 5.7 6.3 7.6 7.7 18

 19 Miscellaneous assets 2.3 2.9 3.6 3.9 3.9 4.7 5.1 5.3 5.7 5.7 19

 20 Total liabilities 381.1 390.2 412.4 440.6 461.0 478.3 505.9 523.8 547.7 575.8 20

 21 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22

 23 Treasury currency 2.5 2.5 2.6 2.6 2.6 2.7 2.7 2.8 2.8 2.8 23

 24 Credit market instruments 264.8 262.0 264.6 279.3 290.8 293.2 305.5 316.7 324.6 335.7 24

 25 Savings bonds 50.2 50.1 48.2 47.7 45.9 45.6 46.4 47.0 48.1 49.1 25

 26 Treasury bills and other Treasury securities (3) 167.3 160.6 160.2 169.6 177.5 174.7 180.3 184.6 186.2 189.5 26

 27 Budget agency securities 1.6 1.4 1.7 1.6 0.9 0.7 1.0 1.5 1.4 2.2 27

 28 Municipal securities 45.7 49.9 54.4 59.8 65.7 71.0 76.3 81.8 87.0 93.2 28

 29 Multifamily residential mortgages 0.0 0.0 0.1 0.5 0.8 1.3 1.5 1.7 1.8 1.8 29

 30 Trade payables 5.7 6.7 7.6 8.5 9.5 10.8 12.1 13.6 15.0 16.4 30

 31 Insurance reserves 5.8 6.1 6.2 6.2 6.4 6.4 6.5 6.6 6.8 6.9 31

 32 Miscellaneous liabilities (4) 102.4 112.9 131.4 144.0 151.7 165.1 179.0 184.2 198.5 214.0 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.
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Historical Annuals, 1955-1964, 117

F.117.b Private Pension Funds: Defined Benefit Plans

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net acquisition of financial assets (1) ND ND ND ND ND ND ND ND ND ND 1

 2 Checkable deposits and currency ND ND ND ND ND ND ND ND ND ND 2

 3 Time and savings deposits ND ND ND ND ND ND ND ND ND ND 3

 4 Money market fund shares ND ND ND ND ND ND ND ND ND ND 4

 5 Security RPs ND ND ND ND ND ND ND ND ND ND 5

 6 Credit market instruments ND ND ND ND ND ND ND ND ND ND 6

 7 Open market paper ND ND ND ND ND ND ND ND ND ND 7

 8 Treasury securities ND ND ND ND ND ND ND ND ND ND 8

 9 Agency- and GSE-backed securities ND ND ND ND ND ND ND ND ND ND 9

 10 Corporate and foreign bonds ND ND ND ND ND ND ND ND ND ND 10

 11 Mortgages ND ND ND ND ND ND ND ND ND ND 11

 12 Corporate equities ND ND ND ND ND ND ND ND ND ND 12

 13 Mutual fund shares ND ND ND ND ND ND ND ND ND ND 13

 14 Miscellaneous assets ND ND ND ND ND ND ND ND ND ND 14

 15 Unallocated insurance contracts (2) ND ND ND ND ND ND ND ND ND ND 15

 16 Contributions receivable ND ND ND ND ND ND ND ND ND ND 16

 17 Claims of pension fund on sponsor (3) 1.8 2.1 4.0 2.0 2.7 0.9 -1.0 -2.8 -1.7 -1.3 17

 18 Other ND ND ND ND ND ND ND ND ND ND 18

 19 Net increase in pension entitlements (liabilities) (4) ND ND ND ND ND ND ND ND ND ND 19

(1) Includes claims on sponsor (i.e., unfunded pension entitlements).

(2) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.

(3) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(4) Actuarial value of accrued defined benefit pension entitlements.

F.117.c Private Pension Funds: Defined Contribution Plans (1)

Billions of dollars

 1 Net acquisition of financial assets ND ND ND ND ND ND ND ND ND ND 1

 2 Checkable deposits and currency ND ND ND ND ND ND ND ND ND ND 2

 3 Time and savings deposits ND ND ND ND ND ND ND ND ND ND 3

 4 Money market fund shares ND ND ND ND ND ND ND ND ND ND 4

 5 Security RPs ND ND ND ND ND ND ND ND ND ND 5

 6 Credit market instruments ND ND ND ND ND ND ND ND ND ND 6

 7 Open market paper ND ND ND ND ND ND ND ND ND ND 7

 8 Treasury securities ND ND ND ND ND ND ND ND ND ND 8

 9 Agency- and GSE-backed securities ND ND ND ND ND ND ND ND ND ND 9

 10 Corporate and foreign bonds ND ND ND ND ND ND ND ND ND ND 10

 11 Mortgages ND ND ND ND ND ND ND ND ND ND 11

 12 Corporate equities ND ND ND ND ND ND ND ND ND ND 12

 13 Mutual fund shares ND ND ND ND ND ND ND ND ND ND 13

 14 Miscellaneous assets ND ND ND ND ND ND ND ND ND ND 14

 15 Unallocated insurance contracts (2) ND ND ND ND ND ND ND ND ND ND 15

 16 Contributions receivable ND ND ND ND ND ND ND ND ND ND 16

 17 Other ND ND ND ND ND ND ND ND ND ND 17

 18 Net increase in pension entitlements (liabilities) ND ND ND ND ND ND ND ND ND ND 18

(1) Includes 401(k) type plans.

(2) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.

F.226.i Individual Retirement Accounts (IRAs) (1)

Billions of dollars

 1 Total held at: ND ND ND ND ND ND ND ND ND ND 1

 2 U.S.-chartered depository institutions ND ND ND ND ND ND ND ND ND ND 2

 3 Credit unions ND ND ND ND ND ND ND ND ND ND 3

 4 Life insurance companies ND ND ND ND ND ND ND ND ND ND 4

 5 Money market mutual funds ND ND ND ND ND ND ND ND ND ND 5

 6 Mutual funds ND ND ND ND ND ND ND ND ND ND 6

 7 Other self-directed accounts ND ND ND ND ND ND ND ND ND ND 7

(1) Assets of the household sector (F.100). IRA assets are not included in pension entitlements (table F.226), except for those at life insurance companies. Figures for depositories (lines 2 and 3)

 include Keogh accounts. Variable annuities in IRAs are in the life insurance sector (line 4) and are excluded from the mutual fund sector (line 6) and from the money market fund sector (line 5).
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118 Historical Annuals, 1955-1964,

L.117.b Private Pension Funds: Defined Benefit Plans

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets (1) ND ND ND ND ND ND ND ND ND ND 1

 2 Checkable deposits and currency ND ND ND ND ND ND ND ND ND ND 2

 3 Time and savings deposits ND ND ND ND ND ND ND ND ND ND 3

 4 Money market fund shares ND ND ND ND ND ND ND ND ND ND 4

 5 Security RPs ND ND ND ND ND ND ND ND ND ND 5

 6 Credit market instruments ND ND ND ND ND ND ND ND ND ND 6

 7 Open market paper ND ND ND ND ND ND ND ND ND ND 7

 8 Treasury securities ND ND ND ND ND ND ND ND ND ND 8

 9 Agency- and GSE-backed securities ND ND ND ND ND ND ND ND ND ND 9

 10 Corporate and foreign bonds ND ND ND ND ND ND ND ND ND ND 10

 11 Mortgages ND ND ND ND ND ND ND ND ND ND 11

 12 Corporate equities ND ND ND ND ND ND ND ND ND ND 12

 13 Mutual fund shares ND ND ND ND ND ND ND ND ND ND 13

 14 Miscellaneous assets ND ND ND ND ND ND ND ND ND ND 14

 15 Unallocated insurance contracts (2) ND ND ND ND ND ND ND ND ND ND 15

 16 Contributions receivable ND ND ND ND ND ND ND ND ND ND 16

 17 Claims of pension fund on sponsor (3) 31.7 33.8 38.4 38.2 39.9 40.8 36.5 36.3 31.7 27.3 17

 18 Other ND ND ND ND ND ND ND ND ND ND 18

 19 Pension entitlements (liabilities) (4) ND ND ND ND ND ND ND ND ND ND 19

(1) Includes claims on sponsor (i.e., unfunded pension entitlements).

(2) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.

(3) Unfunded defined benefit pension entitlements. Negative values indicate overfunding.

(4) Actuarial value of accrued defined benefit pension entitlements.

L.117.c Private Pension Funds: Defined Contribution Plans (1)

Billions of dollars

 1 Total financial assets ND ND ND ND ND ND ND ND ND ND 1

 2 Checkable deposits and currency ND ND ND ND ND ND ND ND ND ND 2

 3 Time and savings deposits ND ND ND ND ND ND ND ND ND ND 3

 4 Money market fund shares ND ND ND ND ND ND ND ND ND ND 4

 5 Security RPs ND ND ND ND ND ND ND ND ND ND 5

 6 Credit market instruments ND ND ND ND ND ND ND ND ND ND 6

 7 Open market paper ND ND ND ND ND ND ND ND ND ND 7

 8 Treasury securities ND ND ND ND ND ND ND ND ND ND 8

 9 Agency- and GSE-backed securities ND ND ND ND ND ND ND ND ND ND 9

 10 Corporate and foreign bonds ND ND ND ND ND ND ND ND ND ND 10

 11 Mortgages ND ND ND ND ND ND ND ND ND ND 11

 12 Corporate equities ND ND ND ND ND ND ND ND ND ND 12

 13 Mutual fund shares ND ND ND ND ND ND ND ND ND ND 13

 14 Miscellaneous assets ND ND ND ND ND ND ND ND ND ND 14

 15 Unallocated insurance contracts (2) ND ND ND ND ND ND ND ND ND ND 15

 16 Contributions receivable ND ND ND ND ND ND ND ND ND ND 16

 17 Other ND ND ND ND ND ND ND ND ND ND 17

 18 Pension entitlements (liabilities) ND ND ND ND ND ND ND ND ND ND 18

(1) Includes 401(k) type plans.

(2) Assets of private pension plans held at life insurance companies (e.g., GICs, variable annuities); series begins 1985:Q4.

L.226.i Individual Retirement Accounts (IRAs) (1)

Billions of dollars

 1 Total held at: ND ND ND ND ND ND ND ND ND ND 1

 2 U.S.-chartered depository institutions ND ND ND ND ND ND ND ND ND ND 2

 3 Credit unions ND ND ND ND ND ND ND ND ND ND 3

 4 Life insurance companies ND ND ND ND ND ND ND ND ND ND 4

 5 Money market mutual funds ND ND ND ND ND ND ND ND ND ND 5

 6 Mutual funds ND ND ND ND ND ND ND ND ND ND 6

 7 Other self-directed accounts ND ND ND ND ND ND ND ND ND ND 7

(1) Assets of the household sector (L.100), shown at market value. IRA assets are not included in pension entitlements (table L.226), except for those at life insurance companies. Figures for depositories

 (lines 2 and 3) include Keogh accounts. Variable annuities in IRAs are in the life insurance sector (line 4) and are excluded from the mutual fund sector (line 6) and from the money market fund sector (line 5).
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Historical Annuals, 1955-1964, 119

F.127.e Equity Real Estate Investment Trusts (REITs)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Net acquisition of financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Checkable deposits and currency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Home 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Multifamily residential 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Commercial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Net increase in liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Multifamily residential 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Commercial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Miscellaneous liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

F.127.m Mortgage Real Estate Investment Trusts (REITs)

Billions of dollars

 1 Net acquisition of financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Checkable deposits and currency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Home 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Multifamily residential 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Commercial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Net increase in liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Miscellaneous liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 Memo:

 18 Securitized assets included above 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Home mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Multifamily residential mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Commercial mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22
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120 Historical Annuals, 1955-1964,

L.127.e Equity Real Estate Investment Trusts (REITs)

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Total financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Checkable deposits and currency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Home 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Multifamily residential 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Commercial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Total liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Multifamily residential 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Commercial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Miscellaneous liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

L.127.m Mortgage Real Estate Investment Trusts (REITs)

Billions of dollars

 1 Total financial assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1

 2 Checkable deposits and currency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 2

 3 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3

 4 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4

 5 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5

 6 Mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6

 7 Home 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 7

 8 Multifamily residential 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8

 9 Commercial 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9

 10 Miscellaneous assets 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

 11 Total liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 11

 12 Security RPs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 12

 13 Credit market instruments 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 13

 14 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 14

 15 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

 16 Depository institution loans n.e.c. 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16

 17 Miscellaneous liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

 Memo:

 18 Securitized assets included above 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18

 19 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

 20 Home mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

 21 Multifamily residential mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21

 22 Commercial mortgages 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22
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S.1.a Total Economy - Current Account

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross value added ND ND ND ND ND 544.6 564.3 605.2 640.1 685.8 1

 (income approach)

 2 Less: Consumption of fixed capital ND ND ND ND ND 67.9 70.6 74.1 78.0 82.4 2

 3 Equals: Net value added ND ND ND ND ND 476.7 493.7 531.1 562.1 603.4 3

 4 Compensation of employees (paid) ND ND ND ND ND 302.0 311.2 333.0 351.2 376.9 4

 5 Wages and salaries ND ND ND ND ND 273.0 280.7 299.5 314.9 337.8 5

 6 Employers’ social contributions ND ND ND ND ND 29.0 30.6 33.6 36.3 39.0 6

 7 Taxes on production and imports less subsidies ND ND ND ND ND 43.4 45.0 48.1 51.2 54.5 7

 8 Operating surplus, net ND ND ND ND ND 131.3 137.5 150.0 159.7 172.0 8

 9 Plus: Income receipts from the rest of the world ND ND ND ND ND 4.9 5.3 5.9 6.5 7.2 9

10 Less: Income payments to the rest of the world ND ND ND ND ND 1.8 1.8 1.8 2.1 2.3 10

11 Equals: Net national income/Balance of primary incomes, net ND ND ND ND ND 479.9 497.2 535.2 566.6 608.3 11

12 Operating surplus, net ND ND ND ND ND 131.3 137.5 150.0 159.7 172.0 12

13 Compensation of employees (received) 230.8 249.6 262.9 265.0 286.3 301.9 311.1 332.9 351.2 376.8 13

14 Wages and salaries ND ND ND ND ND 272.9 280.5 299.4 314.9 337.8 14

15 Employers’ social contributions ND ND ND ND ND 29.0 30.6 33.6 36.3 39.0 15

16 Taxes on production and imports, receivable ND ND ND ND ND 44.5 47.0 50.4 53.4 57.3 16

17 Subsidies paid ND ND ND ND ND -1.1 -2.0 -2.3 -2.2 -2.7 17

18 Property income (received) ND ND ND ND ND 144.0 152.4 163.9 174.4 189.3 18

19 Interest ND ND ND ND ND 67.0 71.5 78.8 86.3 95.5 19

20 Distributed income of corporations ND ND ND ND ND 75.3 79.2 83.1 85.8 91.6 20

21 Dividends ND ND ND ND ND 19.2 20.4 22.3 23.6 26.6 21

22 Withdrawals from income of quasi-corporations ND ND ND ND ND 56.1 58.7 60.8 62.2 64.9 22

23 Reinvested earnings on U.S. direct investment abroad ND ND ND ND ND 1.4 1.2 1.3 1.6 1.6 23

24 Rents on land and natural resources ND ND ND ND ND 0.4 0.5 0.6 0.6 0.7 24

25 Less: Uses of property income (paid) ND ND ND ND ND 140.8 148.8 159.7 169.8 184.3 25

26 Interest ND ND ND ND ND 66.9 71.2 78.4 85.8 95.0 26

27 Distributed income of corporations ND ND ND ND ND 73.3 76.8 80.5 83.2 88.3 27

28 Dividends ND ND ND ND ND 17.2 18.1 19.6 21.0 23.4 28

29 Withdrawals from income of quasi-corporations ND ND ND ND ND 56.1 58.7 60.8 62.2 64.9 29

30 Reinvested earnings on foreign direct investment ND ND ND ND ND 0.2 0.2 0.2 0.2 0.3 30

31 Rents on land and natural resources ND ND ND ND ND 0.4 0.5 0.6 0.6 0.7 31

32 Net national income/Balance of primary incomes, net ND ND ND ND ND 479.9 497.2 535.2 566.6 608.3 32

33 Plus: Current taxes on income, wealth, etc. (received) ND ND ND ND ND 68.9 70.1 75.7 81.0 80.2 33

34 Less: Current taxes on income, wealth, etc. (paid) ND ND ND ND ND 68.9 70.1 75.7 80.9 80.2 34

35 Plus: Social benefits (received) ND ND ND ND ND 40.9 45.1 48.0 52.1 53.8 35

36 Less: Social contributions (paid) ND ND ND ND ND 41.1 45.4 48.3 52.3 54.1 36

37 Plus: Other current transfers (received) ND ND ND ND ND 5.9 6.7 7.4 8.3 9.6 37

38 Less: Other current transfers (paid) ND ND ND ND ND 9.8 10.7 11.6 12.6 13.7 38

39 Equals: Disposable income, net ND ND ND ND ND 475.7 493.0 530.8 562.1 604.0 39

40 Less: Final consumption expenditures ND ND ND ND ND 416.6 431.9 461.4 485.9 520.3 40

41 Equals: Net saving ND ND ND ND ND 59.1 61.1 69.4 76.2 83.6 41

 Addendum:

42 Gross value added (line 1) ND ND ND ND ND 544.6 564.3 605.2 640.1 685.8 42

43 Plus statistical discrepancy (NIPA) ND ND ND ND ND -1.4 -1.0 -0.1 -1.5 -0.0 43

44 Equals: GDP (NIPA, expenditure approach) 426.2 450.1 474.9 482.0 522.5 543.3 563.3 605.1 638.6 685.8 44
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122 Historical Annuals, 1955-1964,

S.2.a Selected Aggregates for Total Economy and Sectors 

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 1 Gross value added ND ND ND ND ND 544.6 564.3 605.2 640.1 685.8 1

 2 Households and nonprofit institutions serving households ND ND ND ND ND 45.3 48.1 51.9 55.2 58.7 2

 3 Nonfinancial noncorporate business ND ND ND ND ND 117.1 119.7 124.0 127.3 133.5 3

 4 Nonfinancial corporate business ND ND ND ND ND 282.5 290.4 316.8 337.8 364.5 4

 5 Financial business ND ND ND ND ND 20.7 21.8 22.5 23.3 25.6 5

 6 Federal government ND ND ND ND ND 45.0 47.0 50.1 53.1 56.4 6

 7 State and local government ND ND ND ND ND 34.1 37.2 39.9 43.4 47.1 7

 8 Net saving ND ND ND ND ND 59.1 61.1 69.4 76.2 83.6 8

 9 Households and nonprofit institutions serving households 28.5 35.0 37.3 39.2 37.6 37.8 44.4 46.4 46.7 54.8 9

10 Nonfinancial corporate business ND ND ND ND ND 14.9 15.4 20.7 24.5 28.0 10

11 Financial business ND ND ND ND ND 3.6 3.7 4.2 3.4 3.4 11

12 Federal government ND ND ND ND ND 0.2 -4.7 -5.3 -2.1 -6.9 12

13 State and local government ND ND ND ND ND 2.6 2.2 3.4 3.7 4.3 13

 Net capital transfers

14 Households and nonprofit institutions serving households 1.3 1.6 1.8 1.7 1.8 2.2 2.5 2.6 2.9 3.3 14

15 Nonfinancial noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 15

16 Nonfinancial corporate business -0.0 -0.0 -0.0 -0.0 -0.0 -0.1 -0.1 -0.1 -0.1 -0.1 16

17 Financial business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

18 Federal government -0.2 -0.5 -0.1 1.0 1.7 0.9 0.9 1.0 1.3 1.5 18

19 State and local government -1.0 -1.1 -1.6 -2.7 -3.5 -3.0 -3.3 -3.5 -4.1 -4.7 19

20 Rest of the world 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20

21 Gross fixed capital formation ND ND ND ND ND 119.2 123.5 133.5 142.1 153.7 21

22 Households and nonprofit institutions serving households 24.5 23.5 22.3 21.9 27.0 25.7 25.1 26.7 28.8 30.7 22

23 Nonfinancial noncorporate business ND ND ND ND ND 15.1 16.1 18.3 20.2 21.9 23

24 Nonfinancial corporate business ND ND ND ND ND 40.4 40.4 43.6 46.4 51.8 24

25 Financial business (nonresidential) 1.6 1.7 1.7 1.7 1.9 2.0 2.0 2.3 2.2 2.9 25

26 Federal government 14.2 15.8 17.6 18.9 21.8 21.9 24.6 26.5 26.7 27.1 26

27 State and local government 10.1 11.4 12.7 13.7 14.1 14.1 15.3 16.1 17.8 19.3 27

28 Consumption of fixed capital 48.9 54.1 58.9 62.4 65.4 67.9 70.6 74.1 78.0 82.4 28

29 Households and nonprofit institutions serving households 6.1 6.6 7.1 7.4 7.8 8.2 8.5 8.8 9.3 9.9 29

30 Nonfinancial noncorporate business 9.2 9.9 10.5 11.0 11.2 11.3 11.5 11.8 12.2 12.7 30

31 Nonfinancial corporate business 18.9 21.4 23.8 25.5 26.7 27.6 28.6 29.8 31.3 33.3 31

32 Financial business (nonresidential) 0.8 0.9 1.0 1.1 1.2 1.2 1.2 1.3 1.3 1.4 32

33 Federal government 10.7 11.7 12.7 13.4 14.3 15.1 16.0 17.1 18.3 19.2 33

34 State and local government 3.2 3.6 3.9 4.1 4.4 4.5 4.8 5.2 5.5 5.9 34

35 Change in inventories 5.0 3.9 0.8 -0.4 3.9 3.2 3.0 6.1 5.6 4.8 35

36 Nonfinancial noncorporate business -0.3 -0.7 0.1 1.8 -1.2 0.7 1.0 0.8 0.7 -0.8 36

37 Nonfinancial corporate business 5.3 4.6 0.7 -2.2 5.2 2.6 2.0 5.3 4.9 5.7 37

38 Net lending (+) or net borrowing (-) (capital account) -1.5 5.0 5.4 0.4 -1.0 4.5 5.2 3.9 6.5 7.5 38

39 Households and nonprofit institutions serving households 8.8 16.6 20.2 23.0 16.6 18.7 26.0 26.6 25.2 31.7 39

40 Nonfinancial noncorporate business -3.8 -2.3 -2.8 -5.0 -3.3 -4.4 -5.5 -7.3 -8.7 -8.4 40

41 Nonfinancial corporate business ND ND ND ND ND 0.2 2.4 2.7 5.4 4.7 41

42 Financial business ND ND ND ND ND 2.8 2.9 3.2 2.5 1.9 42

43 Federal government ND ND ND ND ND -7.9 -14.7 -16.3 -12.3 -16.9 43

44 State and local government ND ND ND ND ND -4.8 -5.9 -5.1 -5.5 -5.6 44

 Addendum:

45 Statistical discrepancy (NIPA) ND ND ND ND ND -1.4 -1.0 -0.1 -1.5 -0.0 45

46 Rest of the world -0.4 -2.7 -4.7 -0.8 1.3 -3.2 -4.2 -3.8 -4.9 -7.5 46

47 Net lending (+) or net borrowing (-) (financial account) 9.2 17.7 18.7 12.4 -1.3 2.8 0.5 -2.0 -1.6 3.5 47

48 Households and nonprofit institutions serving households 16.2 26.3 31.6 33.3 23.0 27.5 28.6 28.7 30.0 41.0 48

49 Nonfinancial noncorporate business -3.9 -2.4 -2.9 -5.0 -3.3 -4.4 -5.5 -7.3 -8.8 -8.4 49

50 Nonfinancial corporate business -6.5 -9.5 -7.5 -0.2 -3.5 -9.0 -2.8 -3.8 -5.0 -9.1 50

51 Financial business 1.5 1.5 0.9 1.6 1.4 3.2 3.1 2.7 1.0 2.0 51

52 Federal government 6.6 6.7 3.2 -9.6 -12.3 -8.5 -16.3 -16.2 -13.0 -15.9 52

53 State and local government -4.7 -5.0 -6.7 -7.7 -6.6 -5.9 -6.6 -6.2 -5.8 -6.1 53

 Addendum:

54 Rest of the world -0.0 1.3 -4.6 -0.4 1.9 -1.8 -2.8 -2.3 -4.1 -5.9 54

 Total other volume changes

55 Households and nonprofit institutions serving households ND ND ND ND ND 13.7 5.1 10.0 14.2 17.6 55

56 Nonfinancial noncorporate business ND ND ND ND ND -1.3 -0.1 -0.3 1.4 1.5 56

57 Nonfinancial corporate business ND ND ND ND ND -6.5 -2.6 -3.6 -7.8 -10.8 57

58 Financial business ND ND ND ND ND 1.2 -3.1 -7.2 -6.2 -3.7 58

59 Federal government ND ND ND ND ND 0.1 -2.3 -0.1 -1.8 0.2 59

60 State and local government ND ND ND ND ND -2.7 -2.0 7.0 -0.6 -1.3 60

61 Rest of the world ND ND ND ND ND -0.4 0.3 2.2 2.6 3.8 61

 Holding gains/losses

62 Households and nonprofit institutions serving households ND ND ND ND ND 26.6 120.7 5.3 56.2 111.0 62

63 Nonfinancial noncorporate business ND ND ND ND ND 11.5 17.0 16.8 3.4 17.6 63

64 Nonfinancial corporate business ND ND ND ND ND -4.6 -68.5 15.5 -40.1 -68.2 64

65 Financial business ND ND ND ND ND -3.2 -21.5 9.2 -4.8 -1.9 65

66 Federal government ND ND ND ND ND 1.0 2.2 4.7 1.4 3.1 66

67 State and local government ND ND ND ND ND -0.1 1.9 4.5 3.2 3.4 67

68 Rest of the world ND ND ND ND ND 0.4 1.4 -1.8 1.5 1.5 68
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S.2.a Selected Aggregates for Total Economy and Sectors 

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 Change in net worth

69 Households and nonprofit institutions serving households 122.1 108.4 59.2 155.2 97.6 75.8 167.6 59.0 114.3 180.1 69

70 Nonfinancial noncorporate business 9.4 16.5 12.3 15.1 1.1 10.2 16.9 16.5 4.8 19.1 70

71 Nonfinancial corporate business ND ND ND ND ND 3.9 -55.6 32.7 -23.3 -51.0 71

72 Financial business ND ND ND ND ND 1.6 -20.9 6.2 -7.6 -2.2 72

73 Federal government ND ND ND ND ND 0.4 -5.7 -1.7 -3.8 -5.1 73

74 State and local government ND ND ND ND ND 2.7 5.4 18.4 10.5 11.1 74

75 Rest of the world ND ND ND ND ND -3.2 -2.5 -3.4 -0.8 -2.2 75
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124 Historical Annuals, 1955-1964,

S.3.a Households and Nonprofit Institutions Serving Households

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 Current account

 1 Gross value added ND ND ND ND ND 45.3 48.1 51.9 55.2 58.7 1

 2 Less: Consumption of fixed capital 6.1 6.6 7.1 7.4 7.8 8.2 8.5 8.8 9.3 9.9 2

 3 Equals: Net value added ND ND ND ND ND 37.1 39.6 43.0 45.9 48.8 3

 4 Compensation paid by households and NPISHs ND ND ND ND ND 13.9 14.5 15.6 16.7 17.9 4

 5 Wages and salaries ND ND ND ND ND 13.3 13.9 14.9 15.8 17.0 5

 6 Employers’ social contributions ND ND ND ND ND 0.6 0.6 0.7 0.8 0.9 6

 7 Taxes on production and imports less subsidies ND ND ND ND ND 5.6 6.2 6.7 7.4 8.1 7

 8 Operating surplus, net ND ND ND ND ND 17.6 19.0 20.7 21.8 22.9 8

 9 Net national income/Balance of primary incomes, net ND ND ND ND ND 407.0 422.1 450.8 474.3 508.2 9

10 Operating surplus, net ND ND ND ND ND 17.6 19.0 20.7 21.8 22.9 10

11 Compensation of employees (received) 230.8 249.6 262.9 265.0 286.3 301.9 311.1 332.9 351.2 376.8 11

12 Wages and salaries ND ND ND ND ND 272.9 280.5 299.4 314.9 337.8 12

13 Employers’ social contributions ND ND ND ND ND 29.0 30.6 33.6 36.3 39.0 13

14 Property income (received) ND ND ND ND ND 100.4 105.9 112.5 118.2 127.4 14

15 Interest ND ND ND ND ND 31.0 33.3 36.6 39.8 44.3 15

16 Distributed income of corporations ND ND ND ND ND 69.4 72.6 75.8 78.4 83.1 16

17 Dividends ND ND ND ND ND 13.4 13.9 15.0 16.2 18.2 17

18 Withdrawals from income of quasi-corporations (1) ND ND ND ND ND 56.1 58.7 60.8 62.2 64.9 18

19 Less: Uses of property income (interest paid) ND ND ND ND ND 12.9 13.9 15.3 16.9 18.9 19

20 Net national income/Balance of primary incomes, net ND ND ND ND ND 407.0 422.1 450.8 474.3 508.2 20

21 Less: Current taxes on income, wealth, etc. (paid) ND ND ND ND ND 46.1 47.3 51.6 54.6 52.1 21

22 Plus: Social benefits (received) ND ND ND ND ND 24.4 28.1 28.8 30.3 31.3 22

23 Less: Social contributions (paid) ND ND ND ND ND 16.4 17.0 19.1 21.7 22.4 23

24 Plus: Other current transfers (received) ND ND ND ND ND 1.3 1.4 1.5 1.9 2.2 24

25 Less: Other current transfers (paid) ND ND ND ND ND 0.8 0.9 1.0 1.1 1.2 25

26 Equals: Disposable income, net ND ND ND ND ND 369.4 386.3 409.5 429.2 466.0 26

27 Less: Final consumption expenditures 258.7 271.6 286.7 296.0 317.5 331.6 342.0 363.1 382.5 411.2 27

28 Equals: Net saving 28.5 35.0 37.3 39.2 37.6 37.8 44.4 46.4 46.7 54.8 28

 Capital account

29 Net saving less capital transfers ND ND ND ND ND 35.6 41.9 43.7 43.8 51.5 29

30 Net saving 28.5 35.0 37.3 39.2 37.6 37.8 44.4 46.4 46.7 54.8 30

31 Less: Capital transfers paid (net) 1.3 1.6 1.8 1.7 1.8 2.2 2.5 2.6 2.9 3.3 31

32 Capital formation, net ND ND ND ND ND 16.9 15.8 17.1 18.6 19.8 32

33 Gross fixed capital formation, excluding consumer durables 24.5 23.5 22.3 21.9 27.0 25.7 25.1 26.7 28.8 30.7 33

34 Residential 22.0 20.7 19.2 18.6 23.5 22.0 21.0 22.2 24.2 25.6 34

35 Nonresidential (nonprofit organizations) 2.5 2.8 3.1 3.3 3.5 3.8 4.1 4.6 4.6 5.1 35

36 Less: Consumption of fixed capital 6.1 6.6 7.1 7.4 7.8 8.2 8.5 8.8 9.3 9.9 36

37 Acquisition of nonproduced nonfinancial assets 0.0 0.0 0.0 0.0 0.0 -0.7 -0.8 -0.8 -0.9 -1.0 37

38 Net lending (+) or borrowing (-), capital account (lines 29-32) 8.8 16.6 20.2 23.0 16.6 18.7 26.0 26.6 25.2 31.7 38

 Financial account

39 Net lending (+) or borrowing (-), capital account (line 38) 8.8 16.6 20.2 23.0 16.6 18.7 26.0 26.6 25.2 31.7 39

40 Net acquisition of financial assets 37.5 41.5 44.2 45.3 45.5 45.6 47.3 50.8 59.1 70.8 40

41 Currency and deposits 9.5 11.1 10.8 16.6 12.8 13.7 18.0 25.4 30.7 32.4 41

42 Currency and transferable deposits 1.1 1.8 -0.9 2.7 2.4 2.0 -0.3 -0.4 4.7 6.3 42

43 Time and savings deposits 8.6 9.4 11.9 14.1 10.5 11.9 18.4 26.0 26.1 26.1 43

44 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 44

45 Postal savings system deposits -0.3 -0.2 -0.3 -0.2 -0.2 -0.2 -0.1 -0.1 -0.1 -0.1 45

46 Debt securities 6.8 5.7 5.1 -1.9 8.4 5.4 0.7 1.2 0.1 4.8 46

47 Open market paper 0.3 0.1 0.3 0.1 -0.2 0.9 -0.4 0.8 1.2 1.0 47

48 U.S. savings bonds 0.3 -0.1 -1.9 -0.5 -1.8 -0.3 0.8 0.5 1.2 0.9 48

49 Treasury securities 2.5 1.5 3.2 -2.3 4.8 0.9 -1.1 1.3 -2.0 -0.2 49

50 Agency- and GSE-backed securities (2) 0.5 0.4 0.5 -0.6 1.4 -1.2 -0.4 -0.4 -0.2 0.2 50

51 Municipal securities 3.2 2.7 2.0 0.8 3.7 2.6 1.5 -0.4 0.0 2.8 51

52 Corporate and foreign bonds 0.1 1.1 1.1 0.7 0.3 2.4 0.2 -0.6 -0.1 0.1 52

53 Loans 1.2 1.6 2.0 2.9 1.9 2.9 3.3 2.2 1.5 1.5 53

54 Short term -0.1 -0.0 0.0 0.3 -0.2 0.1 0.1 0.0 -0.0 -0.1 54

55 Long term (mortgages) 1.3 1.6 2.0 2.6 2.1 2.8 3.3 2.2 1.5 1.6 55
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Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

56 Equity and investment fund shares -0.5 0.6 0.3 2.4 -6.3 -4.0 -2.7 -6.0 -4.8 -4.5 56

57 Corporate equities -0.0 -0.2 -0.9 -1.9 -3.2 -3.8 -4.3 -6.6 -7.2 -7.0 57

58 Mutual fund shares 0.6 0.8 0.8 1.4 1.4 1.0 1.7 0.9 1.0 0.9 58

59 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 59

60 Equity in noncorporate business -1.1 0.0 0.4 2.9 -4.5 -1.3 -0.1 -0.3 1.4 1.5 60

61 Equity investment under Public-Private Inv. Program (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 61

62 Insurance, pension and standardized guarantee schemes 20.5 22.6 26.1 25.4 28.8 27.6 28.1 28.0 31.6 36.6 62

63 Insurance receivables due from property-casualty insurance companies 0.3 0.2 0.2 0.1 0.3 0.1 0.1 0.0 0.4 0.5 63

64 Life insurance reserves 2.9 3.5 2.7 3.1 3.4 3.2 3.4 3.8 4.2 4.4 64

65 Pension entitlements (4) 16.9 18.5 22.6 21.8 24.7 23.7 23.9 23.5 26.7 31.1 65

66 Non-life insurance reserves at life insurance companies 0.5 0.4 0.5 0.4 0.4 0.6 0.6 0.7 0.3 0.5 66

67 Retiree Health Care Funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 67

68 Net incurrence of liabilities 21.3 15.2 12.5 12.0 22.6 18.1 18.7 22.1 29.1 29.8 68

69 Debt securities (municipals) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 69

70 Loans 21.1 14.9 12.2 11.7 22.0 17.8 18.4 21.8 28.6 29.4 70

71 Short term 8.8 3.4 3.2 1.3 8.4 5.7 5.2 6.9 11.2 11.5 71

72 Consumer credit 7.0 3.6 2.6 0.3 7.7 4.0 2.2 5.9 8.5 9.5 72

73 Depository institution loans n.e.c. 1.1 -0.6 0.5 -0.4 0.1 1.0 1.3 0.4 0.5 1.8 73

74 Other loans and advances 0.2 0.3 0.5 0.5 0.6 0.8 0.7 0.8 0.7 0.7 74

75 Security credit 0.4 0.0 -0.3 0.9 -0.0 -0.1 1.0 -0.1 1.5 -0.5 75

76 Long term (mortgages) 12.3 11.5 9.0 10.4 13.5 12.1 13.2 14.9 17.4 17.8 76

77 Insurance, pension and standardized guarantee schemes 0.1 0.2 0.2 0.1 0.2 0.2 0.1 0.2 0.2 0.2 77

78 Other accounts payable (trade debt) 0.1 0.1 0.1 0.2 0.4 0.1 0.2 0.1 0.3 0.3 78

 Addendum:

79 Net lending (+) or borrowing (-), financial account (lines 40-68) 16.2 26.3 31.6 33.3 23.0 27.5 28.6 28.7 30.0 41.0 79

 Other changes in volume account

80 Total other volume changes ND ND ND ND ND 13.7 5.1 10.0 14.2 17.6 80

81 Net investment in consumer durable goods 10.5 6.1 7.1 1.4 6.9 5.3 3.0 7.0 9.3 11.8 81

82 Disaster losses 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 82

83 Other volume changes ND ND ND ND ND -0.4 -0.5 0.9 0.2 -3.4 83

84 Less: Statistical discrepancy (lines 38-[40-68]) (5) -7.4 -9.7 -11.5 -10.3 -6.4 -8.8 -2.5 -2.1 -4.8 -9.3 84

 Revaluation account

85 Nonfinancial assets ND ND ND ND ND 10.0 13.4 9.7 7.7 13.8 85

86 Real estate 17.2 15.2 10.8 8.6 9.9 10.0 13.5 10.3 6.8 15.0 86

87 Consumer durable goods -1.1 4.9 2.3 2.7 0.7 -0.0 -0.1 -0.7 0.9 -1.2 87

88 Equipment 0.0 0.1 0.1 -0.0 0.1 0.0 -0.0 -0.0 0.0 0.0 88

89 Intellectual property products 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 89

90 Financial assets ND ND ND ND ND 16.6 107.3 -4.4 48.5 97.1 90

91 Corporate equities 49.4 22.9 -25.6 79.7 38.2 6.3 87.8 -5.4 45.9 81.2 91

92 Mutual fund shares 1.2 0.4 -1.2 3.1 1.2 0.2 4.2 -2.8 2.9 2.7 92

93 Equity in noncorporate business 10.5 16.5 11.9 12.2 5.7 11.5 17.0 16.8 3.4 17.6 93

94 Equity investment under Public-Private Inv. Program 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 94

95 Insurance, pension and standardized guarantee schemes 0.3 -0.3 6.7 0.3 -5.8 -1.3 -1.7 -12.9 -3.7 -4.3 95

96 Changes in net worth due to nominal holding gains/losses ND ND ND ND ND 26.6 120.7 5.3 56.2 111.0 96

 Changes in balance sheet account

97 Change in net worth (lines 32+38+80+96) 122.1 108.4 59.2 155.2 97.6 75.8 167.6 59.0 114.3 180.1 97

 Balance sheet account (end of period)

98 Total assets 1709.9 1833.6 1905.3 2072.5 2192.8 2286.7 2473.1 2554.2 2697.6 2907.4 98

99 Nonfinancial assets 566.0 608.6 644.3 670.8 706.5 738.2 770.3 804.3 839.9 884.9 99

100 Real estate 414.7 446.0 471.9 494.0 521.7 547.9 576.7 603.9 628.9 662.8 100

101 Consumer durable goods 148.1 159.1 168.5 172.6 180.2 185.4 188.4 194.7 204.8 215.4 101

102 Equipment 2.4 2.7 3.1 3.3 3.6 3.8 4.0 4.3 4.6 4.9 102

103 Intellectual property products 0.7 0.8 0.9 1.0 1.1 1.1 1.3 1.4 1.6 1.8 103
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S.3.a Households and Nonprofit Institutions Serving Households

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

104 Financial assets 1144.0 1225.0 1261.1 1401.7 1486.3 1548.5 1702.8 1749.9 1857.7 2022.5 104

105 Currency and deposits 177.8 188.9 199.6 216.2 229.1 242.9 260.6 286.7 317.5 346.3 105

106 Currency and transferable deposits 70.0 71.9 71.0 73.7 75.6 77.6 77.0 77.2 82.1 84.9 106

107 Foreign deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 107

108 Time and savings deposits 105.8 115.2 127.2 141.3 152.5 164.5 182.8 208.8 234.9 261.0 108

109 Postal savings system deposits 2.0 1.7 1.4 1.2 1.0 0.8 0.7 0.6 0.5 0.4 109

110 Debt securities 95.0 100.6 105.7 103.8 112.0 117.4 118.1 119.2 119.3 124.1 110

111 Open market paper 1.4 1.4 1.7 1.8 1.6 2.6 2.2 3.0 4.2 5.2 111

112 U.S. savings bonds 50.2 50.1 48.2 47.7 45.9 45.6 46.4 47.0 48.1 49.1 112

113 Treasury securities 18.6 20.1 23.3 20.9 25.7 26.6 25.5 26.8 24.7 24.5 113

114 Agency- and GSE-backed securities (2) 0.6 1.0 1.5 0.8 2.3 1.0 0.6 0.2 0.0 0.2 114

115 Municipal securities 19.2 21.9 23.9 24.6 28.4 31.0 32.5 32.1 32.1 34.9 115

116 Corporate and foreign bonds 5.0 6.1 7.2 7.9 8.2 10.6 10.8 10.2 10.1 10.3 116

117 Loans 23.6 25.2 27.1 30.0 31.7 34.7 38.0 40.2 41.7 43.7 117

118 Short term 0.9 0.9 0.9 1.2 1.0 1.1 1.2 1.2 1.2 1.7 118

119 Long term (mortgages) 22.7 24.3 26.2 28.8 30.7 33.5 36.8 39.0 40.5 42.0 119

120 Equity and investment fund shares 594.4 634.9 620.3 717.7 756.5 770.4 876.6 879.1 926.5 1023.5 120

121 Corporate equities 248.2 271.0 244.5 322.3 357.3 359.8 443.2 431.2 469.9 544.1 121

122 Mutual fund shares 7.8 9.0 8.7 13.2 15.8 17.0 22.9 20.9 24.8 28.4 122

123 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 123

124 Equity in noncorporate business 338.4 354.9 367.1 382.2 383.4 393.6 410.5 427.0 431.8 450.9 124

125 Equity investment under Public-Private Inv. Program (3) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 125

126 Insurance, pension and standardized guarantee schemes 253.2 275.5 308.3 333.9 356.9 383.2 409.6 424.7 452.6 484.8 126

127 Insurance receivables due from property-casualty insurance companies 5.4 5.6 5.8 6.0 6.3 6.4 6.6 6.6 7.0 7.5 127

128 Life insurance reserves 69.3 72.7 75.5 78.5 82.0 85.2 88.6 92.4 96.6 101.1 128

129 Pension entitlements (4) 173.8 192.0 221.3 243.3 262.2 284.5 306.7 317.3 340.3 367.1 129

130 Non-life insurance reserves at life insurance companies 4.8 5.2 5.7 6.1 6.5 7.1 7.7 8.4 8.7 9.2 130

131 Retiree Health Care Funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 131

132 Total liabilities and net worth ND ND ND ND ND 2286.7 2473.1 2554.2 2697.6 2907.4 132

133 Liabilities 144.3 159.5 172.0 184.0 206.6 224.7 243.5 265.6 294.7 324.4 133

134 Debt securities (municipals) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 134

135 Loans 141.4 156.3 168.5 180.2 202.2 220.1 238.5 260.3 288.9 318.2 135

136 Short term 51.3 54.7 58.0 59.2 67.8 73.5 78.7 85.7 96.9 108.4 136

137 Consumer credit 42.9 46.6 49.2 49.5 57.2 61.2 63.4 69.3 77.9 87.4 137

138 Depository institution loans n.e.c. 1.8 1.2 1.6 1.2 1.5 2.5 3.7 4.1 4.6 6.3 138

139 Other loans and advances 3.6 3.9 4.4 4.8 5.4 6.3 7.0 7.7 8.4 9.2 139

140 Security credit 3.0 3.1 2.7 3.7 3.7 3.6 4.6 4.5 6.0 5.5 140

141 Long term (mortgages) 90.0 101.5 110.6 121.0 134.4 146.5 159.7 174.6 192.0 209.8 141

142 Insurance, pension and standardized guarantee schemes 1.5 1.7 1.8 2.0 2.2 2.4 2.5 2.7 2.9 3.0 142

143 Other accounts payable (trade debt) 1.4 1.5 1.7 1.8 2.2 2.3 2.5 2.6 2.9 3.2 143

144 Net worth 1565.7 1674.1 1733.3 1888.5 1986.2 2062.0 2229.6 2288.6 2402.9 2583.0 144

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(3) Funds invested by financial institutions such as domestic hedge funds through the Public-Private Investment Program (PPIP).

(4) Includes variable annuities, including those in IRAs, at life insurance companies.

(5) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

NPISHs Nonprofit institutions serving households

n.e.c. Not elsewhere classified
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S.4.a Nonfinancial Noncorporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 Current account

 1 Gross value added ND ND ND ND ND 117.1 119.7 124.0 127.3 133.5 1

 2 Less: Consumption of fixed capital 9.2 9.9 10.5 11.0 11.2 11.3 11.5 11.8 12.2 12.7 2

 3 Equals: Net value added ND ND ND ND ND 105.8 108.2 112.1 115.1 120.8 3

 4 Compensation of employees (paid) ND ND ND ND ND 37.3 36.9 37.8 38.8 40.8 4

 5 Wages and salaries ND ND ND ND ND 35.0 34.5 35.2 36.0 37.9 5

 6 Employers’ social contributions ND ND ND ND ND 2.3 2.4 2.6 2.8 2.9 6

 7 Taxes on production and imports less subsidies ND ND ND ND ND 9.7 9.5 9.8 10.2 10.5 7

 8 Operating surplus, net ND ND ND ND ND 58.8 61.8 64.5 66.1 69.5 8

 9 Net national income/Balance of primary incomes, net ND ND ND ND ND 0.3 0.3 0.3 0.3 0.4 9

10 Operating surplus, net ND ND ND ND ND 58.8 61.8 64.5 66.1 69.5 10

11 Property income (interest received) ND ND ND ND ND 0.6 0.7 0.6 0.7 0.7 11

12 Less: Uses of property income (paid) ND ND ND ND ND 59.2 62.2 64.8 66.5 69.8 12

13 Interest ND ND ND ND ND 4.8 5.3 5.8 6.3 7.1 13

14 Withdrawals from income of quasi-corporations (1) ND ND ND ND ND 54.4 56.9 59.0 60.2 62.7 14

15 Reinvested earnings on foreign direct investment ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 15

16 Rents on land and natural resources ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 16

17 Net national income/Balance of primary incomes, net ND ND ND ND ND 0.3 0.3 0.3 0.3 0.4 17

18 Less: Other current transfers (paid) ND ND ND ND ND 0.3 0.3 0.3 0.3 0.4 18

19 Equals: Disposable income, net ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 19

20 Equals: Net saving ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 20

 Capital account

21 Net saving less capital transfers ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 21

22 Net saving ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 22

23 Less: Capital transfers paid (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23

24 Capital formation, net ND ND ND ND ND 4.4 5.5 7.3 8.7 8.4 24

25 Gross fixed capital formation ND ND ND ND ND 15.1 16.1 18.3 20.2 21.9 25

26 Nonresidential ND ND ND ND ND 10.6 10.6 11.6 12.5 13.5 26

27 Residential 3.3 3.2 3.3 4.1 4.7 4.5 5.4 6.7 7.7 8.4 27

28 Less: Consumption of fixed capital 9.2 9.9 10.5 11.0 11.2 11.3 11.5 11.8 12.2 12.7 28

29 Change in private inventories -0.3 -0.7 0.1 1.8 -1.2 0.7 1.0 0.8 0.7 -0.8 29

30 Net lending (+) or borrowing (-), capital account (lines 21-24) -3.8 -2.3 -2.8 -5.0 -3.3 -4.4 -5.5 -7.3 -8.7 -8.4 30

 Financial account

31 Net lending (+) or borrowing (-) (line 30) -3.8 -2.3 -2.8 -5.0 -3.3 -4.4 -5.5 -7.3 -8.7 -8.4 31

32 Net acquisition of financial assets 0.4 1.7 0.3 2.8 -2.1 -0.4 0.6 -0.1 -0.0 0.9 32

33 Currency and deposits ND ND ND ND ND -0.7 0.1 0.0 -0.1 0.1 33

34 Currency and transferable deposits 0.3 0.2 0.7 1.6 -1.6 -0.7 0.1 0.0 -0.1 0.1 34

35 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 35

36 Debt securities ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 36

37 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 37

38 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

39 Loans ND ND ND ND ND -0.2 -0.1 0.2 0.2 0.2 39

40 Short term (consumer credit) 0.1 0.2 0.0 0.0 0.3 -0.2 -0.1 0.2 0.2 0.2 40

41 Long term (mortgages) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 41

42 Equity and investment fund shares ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 42

43 Money market mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 43

44 Equity in government-sponsored enterprises (2) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 44

45 Insurance, pension and standardized guarantee schemes (3) 0.2 0.2 0.2 0.2 0.3 0.2 0.2 0.1 0.3 0.4 45

46 Other accounts receivable ND ND ND ND ND 0.3 0.4 -0.4 -0.5 0.1 46

47 Trade receivables -0.3 1.1 -0.7 1.0 -1.1 0.3 0.4 -0.4 -0.5 0.1 47

48 Other (miscellaneous assets) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 48

49 Net incurrence of liabilities 4.3 4.0 3.1 7.8 1.2 4.0 6.2 7.2 8.7 9.3 49

50 Loans ND ND ND ND ND 4.8 6.7 7.6 8.7 8.3 50

51 Short term ND ND ND ND ND 0.8 1.0 1.6 2.0 1.6 51

52 Depository institution loans n.e.c. 1.1 0.5 0.5 0.6 1.1 0.5 0.6 1.1 1.2 0.7 52

53 Other loans and advances 0.5 0.4 0.2 0.4 0.5 0.3 0.4 0.5 0.8 0.8 53

54 Long term (mortgages) 2.4 2.2 1.8 2.8 4.5 3.9 5.7 6.0 6.7 6.7 54
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S.4.a Nonfinancial Noncorporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

55 Equity and investment fund shares ND ND ND ND ND -1.3 -0.0 -0.3 1.4 1.5 55

56 Equity in noncorporate business -1.1 0.0 0.4 2.9 -4.5 -1.3 -0.1 -0.3 1.4 1.5 56

57 Foreign direct investment in the United States 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 57

58 Other accounts payable ND ND ND ND ND 0.6 -0.5 -0.1 -1.4 -0.6 58

59 Trade payables 1.4 0.9 0.3 1.1 -0.4 0.6 -0.5 -0.1 -1.4 -0.6 59

60 Taxes payable 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 60

61 Other (miscellaneous liabilities) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 61

 Addendum:

62 Net lending (+) or borrowing (-), financial account (lines 32-49) -3.9 -2.4 -2.9 -5.0 -3.3 -4.4 -5.5 -7.3 -8.8 -8.4 62

 Other changes in volume account

63 Total other volume changes ND ND ND ND ND -1.3 -0.1 -0.3 1.4 1.5 63

64 Disaster losses ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 64

65 Other volume changes ND ND ND ND ND -1.3 -0.1 -0.3 1.4 1.5 65

 Revaluation account

66 Nonfinancial assets ND ND ND ND ND 11.5 17.0 16.8 3.4 17.6 66

67 Real estate 12.9 13.1 7.9 8.2 7.1 10.9 16.2 15.3 5.9 17.1 67

68 Residential 5.1 2.8 1.5 1.1 1.4 9.6 10.1 9.2 -2.0 7.4 68

69 Nonresidential 7.8 10.2 6.4 7.1 5.7 1.3 6.1 6.1 8.0 9.6 69

70 Equipment ND ND ND ND ND 0.4 0.0 0.2 0.5 0.6 70

71 Residential -0.1 -0.1 0.1 -0.0 0.0 -0.0 -0.0 -0.1 -0.0 -0.0 71

72 Nonresidential 1.5 1.8 1.8 1.0 0.9 0.4 0.1 0.3 0.5 0.6 72

73 Intellectual property products 0.1 0.1 0.2 0.0 0.2 0.1 0.1 0.0 0.1 0.2 73

74 Inventories -3.9 1.6 1.9 2.9 -2.6 0.2 0.6 1.2 -3.1 -0.2 74

75 Changes in net worth due to nominal holding gains/losses ND ND ND ND ND 11.5 17.0 16.8 3.4 17.6 75

 Changes in balance sheet account

76 Change in net worth (lines 24+30+63+75) 9.4 16.5 12.3 15.1 1.1 10.2 16.9 16.5 4.8 19.1 76

 Balance sheet account (end of period)

77 Total assets 386.5 407.0 422.0 442.0 448.8 464.3 487.5 511.5 523.6 550.5 77

78 Nonfinancial assets 354.0 372.9 387.6 404.8 413.8 429.7 452.2 476.3 488.5 514.4 78

79 Real estate 282.0 297.3 307.4 318.8 329.8 344.4 365.1 386.1 399.0 423.9 79

80 Residential (4) 150.3 154.1 156.6 159.5 163.2 174.7 187.5 200.5 203.1 215.8 80

81 Nonresidential 131.7 143.2 150.8 159.3 166.6 169.7 177.5 185.6 195.9 208.1 81

82 Equipment 38.0 40.4 42.7 43.6 45.0 45.4 45.3 46.1 47.5 49.5 82

83 Residential 1.7 1.7 1.9 2.0 2.2 2.3 2.3 2.3 2.5 2.6 83

84 Nonresidential 36.3 38.7 40.8 41.6 42.8 43.2 43.0 43.8 45.0 46.9 84

85 Intellectual property products 3.7 3.9 4.2 4.4 4.8 5.0 5.3 5.5 5.7 6.0 85

86 Inventories 30.4 31.3 33.3 38.0 34.2 35.0 36.6 38.6 36.2 35.1 86

87 Financial assets 32.5 34.1 34.4 37.2 35.0 34.6 35.3 35.2 35.1 36.0 87

88 Currency and deposits ND ND ND ND ND 18.0 18.2 18.2 18.0 18.1 88

89 Currency and transferable deposits 17.9 18.1 18.8 20.3 18.7 18.0 18.2 18.2 18.0 18.1 89

90 Time and savings deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 90

91 Debt securities ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 91

92 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 92

93 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 93

94 Loans ND ND ND ND ND 3.2 3.1 3.3 3.6 3.8 94

95 Short term (consumer credit) 2.9 3.1 3.1 3.1 3.4 3.2 3.1 3.3 3.6 3.8 95

96 Long term (mortgages) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 96

97 Equity and investment fund shares ND ND ND ND ND 0.3 0.3 0.3 0.3 0.4 97

98 Money market mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 98

99 Equity in government-sponsored enterprises (2) 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3 0.3 0.4 99

100 Insurance, pension and standardized guarantee schemes (3) 3.6 3.7 4.0 4.1 4.4 4.6 4.8 4.9 5.3 5.7 100

101 Other accounts receivable ND ND ND ND ND 8.6 8.9 8.5 8.0 8.1 101

102 Trade receivables 7.9 9.1 8.4 9.4 8.2 8.6 8.9 8.5 8.0 8.1 102

103 Other (miscellaneous assets) -0.0 0.0 -0.0 0.0 0.0 -0.0 0.0 0.0 0.0 -0.0 103
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S.4.a Nonfinancial Noncorporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

104 Total liabilities and net worth ND ND ND ND ND 464.3 487.5 511.5 523.6 550.5 104

105 Liabilities 48.1 52.1 54.9 59.8 65.4 70.8 77.0 84.5 91.8 99.5 105

106 Loans ND ND ND ND ND 55.0 61.7 69.3 78.0 86.3 106

107 Short term ND ND ND ND ND 16.3 17.2 18.8 20.8 22.4 107

108 Depository institution loans n.e.c. 5.7 6.3 6.7 7.3 8.3 8.9 9.5 10.6 11.7 12.5 108

109 Other loans and advances 5.6 5.9 6.2 6.6 7.1 7.4 7.8 8.2 9.1 9.9 109

110 Long term (mortgages) 23.5 25.7 27.5 30.3 34.8 38.7 44.5 50.5 57.2 63.9 110

111 Equity and investment fund shares (direct investment in the U.S.) 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.2 111

112 Other accounts payable ND ND ND ND ND 15.6 15.1 15.0 13.6 13.1 112

113 Trade payables 13.2 14.1 14.4 15.4 15.0 15.6 15.1 15.0 13.6 13.1 113

114 Taxes payable 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 114

115 Other (miscellaneous liabilities) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 115

116 Net worth 338.4 354.9 367.1 382.2 383.4 393.6 410.5 427.0 431.8 450.9 116

Notes. Nonfinancial noncorporate business includes noncorporate farms that are excluded from the nonfinancial noncorporate business sector in the Flow of Funds Accounts.

Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(3) Net equity in reserves of property-casualty insurance companies.

(4) Farm houses are included in the household sector.

n.e.c. Not elsewhere classified
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130 Historical Annuals, 1955-1964,

S.5.a Nonfinancial Corporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 Current account

 1 Gross value added ND ND ND ND ND 282.5 290.4 316.8 337.8 364.5 1

 2 Less: Consumption of fixed capital 18.9 21.4 23.8 25.5 26.7 27.6 28.6 29.8 31.3 33.3 2

 3 Equals: Net value added ND ND ND ND ND 254.9 261.9 287.0 306.5 331.3 3

 4 Compensation of employees (paid) ND ND ND ND ND 180.4 184.5 199.3 210.1 225.7 4

 5 Wages and salaries ND ND ND ND ND 165.1 168.6 181.2 190.6 204.5 5

 6 Employers’ social contributions ND ND ND ND ND 15.4 15.9 18.1 19.5 21.1 6

 7 Taxes on production and imports less subsidies ND ND ND ND ND 26.6 27.6 29.9 31.7 33.9 7

 8 Operating surplus, net ND ND ND ND ND 47.9 49.7 57.8 64.7 71.7 8

 9 Net national income/Balance of primary incomes, net ND ND ND ND ND 35.3 36.3 42.9 48.8 53.7 9

10 Operating surplus, net ND ND ND ND ND 47.9 49.7 57.8 64.7 71.7 10

11 Property income (received) ND ND ND ND ND 8.2 8.6 9.4 10.3 10.9 11

12 Interest ND ND ND ND ND 3.3 3.4 3.7 4.2 4.5 12

13 Distributed income of corporations (dividends) ND ND ND ND ND 3.6 4.1 4.4 4.5 4.9 13

14 Reinvested earnings on U.S. direct investment abroad ND ND ND ND ND 1.3 1.1 1.3 1.6 1.5 14

15 Less: Uses of property income (paid) ND ND ND ND ND 20.8 22.1 24.3 26.1 28.9 15

16 Interest ND ND ND ND ND 6.2 6.7 7.5 8.4 9.2 16

17 Distributed income of corporations (dividends) ND ND ND ND ND 14.0 14.7 16.0 17.0 18.9 17

18 Reinvested earnings on foreign direct investment ND ND ND ND ND 0.1 0.2 0.2 0.2 0.2 18

19 Rent ND ND ND ND ND 0.4 0.5 0.6 0.6 0.7 19

20 Net national income/Balance of primary incomes, net ND ND ND ND ND 35.3 36.3 42.9 48.8 53.7 20

21 Less: Current taxes on income, wealth, etc. (paid) ND ND ND ND ND 19.1 19.4 20.6 22.8 23.9 21

22 Less: Other current transfers (paid) ND ND ND ND ND 1.3 1.4 1.6 1.6 1.9 22

23 Equals: Disposable income, net ND ND ND ND ND 14.9 15.4 20.7 24.5 28.0 23

24 Equals: Net saving ND ND ND ND ND 14.9 15.4 20.7 24.5 28.0 24

 Capital account

25 Net saving less capital transfers ND ND ND ND ND 15.0 15.6 20.9 24.6 28.0 25

26 Net saving ND ND ND ND ND 14.9 15.4 20.7 24.5 28.0 26

27 Less: Capital transfers paid (net) -0.0 -0.0 -0.0 -0.0 -0.0 -0.1 -0.1 -0.1 -0.1 -0.1 27

28 Capital formation, net ND ND ND ND ND 14.8 13.2 18.2 19.2 23.3 28

 Gross fixed capital formation (acquisition of

29 produced nonfinancial assets) ND ND ND ND ND 40.4 40.4 43.6 46.4 51.8 29

30 Less: Consumption of fixed capital 18.9 21.4 23.8 25.5 26.7 27.6 28.6 29.8 31.3 33.3 30

31 Acquisition of nonproduced nonfinancial assets ND ND ND ND ND -0.7 -0.7 -0.8 -0.8 -0.9 31

32 Change in private inventories 5.3 4.6 0.7 -2.2 5.2 2.6 2.0 5.3 4.9 5.7 32

33 Net lending (+) or borrowing (-), capital account (lines 25-28) ND ND ND ND ND 0.2 2.4 2.7 5.4 4.7 33

 Financial account

34 Net lending (+) or borrowing (-), capital account (line 33) ND ND ND ND ND 0.2 2.4 2.7 5.4 4.7 34

35 Net acquisition of financial assets 17.4 5.0 4.6 11.6 15.1 2.8 13.4 12.0 15.4 14.5 35

36 Currency and deposits ND ND ND ND ND 0.6 4.3 4.4 -0.5 0.7 36

37 Currency and transferable deposits 1.0 -0.3 0.0 1.1 -0.9 -0.9 3.1 3.6 -1.0 -0.4 37

38 Time and savings deposits -0.1 0.0 0.0 0.9 -0.4 1.5 1.1 0.9 0.7 1.0 38

39 Foreign deposits -0.0 0.0 -0.0 0.0 -0.0 0.0 0.1 -0.1 -0.2 0.1 39

40 Debt securities ND ND ND ND ND -5.3 -1.2 -1.2 3.9 -0.6 40

41 Open market paper -0.1 0.1 0.1 -0.2 0.5 0.0 0.3 0.2 -0.3 0.7 41

42 Treasury securities 3.8 -4.6 -1.1 0.5 5.5 -5.9 -1.7 -1.8 2.8 -0.6 42

43 Agency- and GSE-backed securities (1) 0.3 0.1 0.4 -0.2 0.6 -0.1 0.1 0.0 0.3 -0.6 43

44 Municipal securities 0.2 0.1 0.1 0.5 -0.2 0.6 0.0 0.3 1.1 -0.1 44

45 Loans ND ND ND ND ND -0.5 0.0 0.8 1.0 1.3 45

46 Short term (security RPs and consumer credit) ND ND ND ND ND -0.5 -0.0 0.8 1.0 1.2 46

47 Long term (mortgages) 0.0 0.0 0.0 0.0 -0.1 0.0 0.0 0.0 0.0 0.0 47

48 Equity and investment fund shares ND ND ND ND ND 2.8 2.5 2.9 3.3 3.6 48

49 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 49

50 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.0 0.0 50

51 U.S. direct investment abroad 0.7 1.9 2.3 1.1 1.3 2.8 2.5 2.7 3.3 3.6 51

52 Equity in government-sponsored enterprises (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 52

53 Investment in finance company subsidiaries 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 53

54 Insurance, pension and standardized guarantee schemes (2) 0.2 0.4 0.6 0.6 0.6 0.6 0.5 0.6 0.4 0.3 54
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Historical Annuals, 1955-1964, 131

S.5.a Nonfinancial Corporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

55 Other accounts receivable ND ND ND ND ND 4.7 7.3 4.6 7.3 9.3 55

56 Trade receivables 9.6 5.7 1.6 6.4 5.5 4.9 7.9 4.5 6.3 8.5 56

57 Other (miscellaneous assets) 1.1 1.2 0.4 0.8 1.3 -0.3 -0.6 0.1 1.0 0.8 57

58 Net incurrence of liabilities 23.9 14.6 12.1 11.7 18.6 11.9 16.2 15.8 20.3 23.7 58

59 Debt securities 2.8 3.5 6.1 5.9 2.7 3.9 4.7 4.1 3.5 4.2 59

60 Open market paper -0.2 0.0 0.0 0.2 -0.3 0.5 0.3 0.1 -0.2 0.2 60

61 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 61

62 Corporate bonds 3.0 3.5 6.0 5.6 3.1 3.4 4.4 4.0 3.8 4.0 62

63 Loans ND ND ND ND ND 4.7 2.1 6.5 7.1 9.4 63

64 Short term ND ND ND ND ND 3.9 0.7 4.1 4.4 6.2 64

65 Depository institution loans n.e.c. 4.0 5.0 1.1 -0.3 3.6 1.9 0.4 3.8 3.3 4.4 65

66 Other loans and advances 0.2 0.2 1.1 0.0 1.3 2.0 0.3 0.4 1.1 1.7 66

67 Long term (mortgages) 1.6 0.9 1.3 1.7 0.9 0.8 1.4 2.3 2.7 3.2 67

68 Equity and investment fund shares ND ND ND ND ND 1.6 2.4 0.7 -0.1 1.4 68

69 Corporate equities 1.7 2.3 2.4 2.0 2.1 1.4 2.1 0.4 -0.3 1.1 69

70 Foreign direct investment in the United States 0.1 0.2 0.1 0.1 0.2 0.2 0.3 0.3 0.2 0.3 70

71 Insurance, pension and standardized guarantee schemes 1.9 2.1 4.1 2.1 2.8 1.0 -0.9 -2.8 -1.5 -1.1 71

72 Pension fund contributions payable 0.1 0.0 0.0 0.1 0.1 0.1 0.1 0.0 0.1 0.2 72

73 Claim of pension fund on sponsor 1.8 2.1 4.0 2.0 2.7 0.9 -1.0 -2.8 -1.7 -1.3 73

74 Other accounts payable ND ND ND ND ND 0.7 7.8 7.3 11.4 9.8 74

75 Trade payables 9.1 4.1 1.6 4.3 5.3 2.9 5.3 3.0 7.4 7.0 75

76 Taxes payable 3.7 -1.7 -2.1 -2.6 2.1 -1.6 0.6 1.1 1.4 0.5 76

77 Miscellaneous liabilities -1.2 -2.1 -3.6 -1.4 -2.5 -0.6 1.9 3.3 2.6 2.4 77

 Addendum:

78 Net lending (+) or borrowing (-), financial account (lines 35-58) -6.5 -9.5 -7.5 -0.2 -3.5 -9.0 -2.8 -3.8 -5.0 -9.1 78

 Other changes in volume account

79 Total other volume changes ND ND ND ND ND -6.5 -2.6 -3.6 -7.8 -10.8 79

80 Disaster losses ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 80

81 Other volume changes ND ND ND ND ND 2.6 2.8 2.9 2.7 2.5 81

82 Less: Statistical discrepancy (lines 33-[35-58]) (3) ND ND ND ND ND 9.3 5.2 6.5 10.4 13.9 82

83 Less: Inventory valuation adjustment -1.7 -2.7 -1.5 -0.3 -0.3 -0.2 0.3 0.0 0.1 -0.5 83

 Revaluation account

84 Nonfinancial assets ND ND ND ND ND -2.1 1.5 2.1 1.7 10.7 84

85 Real estate 14.6 20.6 9.1 1.3 3.8 -2.7 2.1 1.5 1.1 8.7 85

86 Equipment 5.5 8.6 5.3 2.0 3.3 0.4 -0.8 0.6 0.3 1.2 86

87 Intellectual property products ND ND ND ND ND 0.3 0.3 0.1 0.4 0.5 87

88 Inventories -0.3 -0.3 -0.2 0.7 0.1 -0.1 -0.0 -0.1 -0.1 0.2 88

89 Financial assets ND ND ND ND ND -0.9 0.2 -0.3 -0.0 -0.0 89

90 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 90

91 Direct investment abroad 0.9 1.2 0.4 0.8 1.0 -0.9 0.2 -0.3 -0.0 -0.0 91

92 Liabilities ND ND ND ND ND 1.7 70.2 -13.6 41.8 78.9 92

93 Corporate equity 47.7 21.9 -25.1 77.0 35.4 1.6 70.4 -13.7 41.8 79.0 93

94 Foreign direct investment in the United States 0.2 0.2 0.1 0.2 0.2 0.0 -0.1 0.1 -0.0 -0.1 94

95 Changes in net worth due to nominal holding gains/losses ND ND ND ND ND -4.6 -68.5 15.5 -40.1 -68.2 95

 Changes in balance sheet account

96 Change in net worth (lines 28+33+79+95) (4) ND ND ND ND ND 3.9 -55.6 32.7 -23.3 -51.0 96

 Balance sheet account (end of period)

97 Total assets 615.5 672.5 709.1 733.0 772.9 790.3 819.8 854.6 893.5 945.0 97

98 Nonfinancial assets (5) 473.9 525.8 557.9 570.2 595.0 609.6 626.4 649.3 672.7 709.7 98

99 Real estate 285.2 313.6 330.0 337.8 348.1 352.7 362.5 372.0 381.3 399.4 99

100 Equipment 99.7 114.0 125.6 129.7 136.5 141.9 145.2 151.6 158.5 168.5 100

101 Intellectual property products 15.1 17.3 19.3 21.0 23.1 25.0 27.1 28.9 31.4 33.9 101

102 Inventories 73.9 80.9 82.9 81.7 87.2 89.9 91.6 96.8 101.5 107.9 102

103 Financial assets 141.6 146.7 151.2 162.8 177.9 180.7 193.4 205.4 220.7 235.3 103

104 Currency and deposits ND ND ND ND ND 31.6 36.2 40.6 40.1 40.7 104

105 Currency and transferable deposits 29.5 29.2 29.2 30.3 29.4 28.4 31.9 34.8 33.7 33.0 105

106 Time and savings deposits 1.0 1.0 1.0 1.9 1.5 3.0 4.1 5.0 5.7 6.7 106

107 Foreign deposits 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.8 0.7 1.1 107
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132 Historical Annuals, 1955-1964,

S.5.a Nonfinancial Corporate Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

108 Debt securities ND ND ND ND ND 20.0 18.8 17.6 21.5 20.9 108

109 Open market paper 0.2 0.3 0.4 0.2 0.7 0.8 1.1 1.3 1.0 1.7 109

110 Treasury securities 21.3 16.7 15.6 16.1 21.6 15.8 14.1 12.3 15.1 14.5 110

111 Agency- and GSE-backed securities (1) 0.3 0.4 0.8 0.6 1.2 1.1 1.2 1.3 1.6 1.0 111

112 Municipal securities 1.2 1.3 1.5 2.0 1.8 2.4 2.4 2.7 3.8 3.7 112

113 Loans ND ND ND ND ND 9.6 9.7 10.4 11.4 12.7 113

114 Short term ND ND ND ND ND 9.6 9.6 10.4 11.3 12.6 114

115 Security repurchases 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 115

116 Consumer credit 8.3 8.6 8.7 8.8 10.1 9.6 9.6 10.4 11.3 12.3 116

117 Long term (mortgages) 0.0 0.1 0.1 0.1 0.0 0.0 0.0 0.1 0.1 0.1 117

118 Equity and investment fund shares ND ND ND ND ND 30.7 33.5 36.1 39.4 43.0 118

119 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 119

120 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.3 120

121 U.S. direct investment abroad 18.7 21.7 24.5 26.4 28.8 30.7 33.4 35.8 39.1 42.6 121

122 Equity in government-sponsored enterprises (1) 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 122

123 Investment in finance company subsidiaries 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 123

124 Insurance, pension and standardized guarantee schemes (2) 2.1 2.4 3.0 3.6 4.1 4.7 5.2 5.7 6.1 6.4 124

125 Other accounts receivable ND ND ND ND ND 84.0 90.0 95.0 102.3 111.6 125

126 Trade receivables 58.0 63.8 65.4 71.8 77.4 82.3 88.3 92.8 99.1 107.6 126

127 Other (miscellaneous assets) 0.8 0.9 0.8 0.8 1.0 1.7 1.8 2.2 3.2 4.0 127

128 Total liabilities and net worth ND ND ND ND ND 790.3 819.8 854.6 893.5 945.0 128

129 Liabilities ND ND ND ND ND 595.6 680.7 682.8 744.9 847.4 129

130 Debt securities 54.9 58.4 64.5 70.4 73.1 77.0 81.7 85.8 89.4 93.5 130

131 Open market paper 0.4 0.4 0.4 0.7 0.3 0.8 1.1 1.2 1.0 1.1 131

132 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 132

133 Corporate bonds 54.6 58.0 64.1 69.7 72.8 76.2 80.6 84.6 88.4 92.4 133

134 Loans ND ND ND ND ND 68.0 70.2 76.6 83.7 92.9 134

135 Short term ND ND ND ND ND 46.2 46.9 51.1 55.4 61.4 135

136 Depository institution loans n.e.c. 25.6 30.6 31.7 31.4 35.2 37.1 37.5 41.2 44.5 48.8 136

137 Other loans and advances 4.4 4.7 5.7 5.8 7.1 9.1 9.5 9.8 10.9 12.7 137

138 Long term (mortgages) 16.2 17.1 18.4 20.2 21.0 21.8 23.2 25.6 28.2 31.4 138

139 Equity and investment fund shares ND ND ND ND ND 370.3 443.0 430.0 471.6 552.0 139

140 Corporate equity 244.2 268.4 245.7 324.7 362.2 365.2 437.7 424.3 465.8 546.0 140

141 Foreign direct investment in the United States 3.6 4.0 4.2 4.5 4.9 5.2 5.3 5.7 5.9 6.0 141

142 Insurance, pension and standardized guarantee schemes 32.0 34.1 38.8 38.7 40.5 41.4 37.3 37.0 32.6 28.3 142

143 Pension fund contributions payable 0.3 0.3 0.4 0.5 0.5 0.6 0.7 0.8 0.9 1.0 143

144 Claim of pension fund on sponsor 31.7 33.8 38.4 38.2 39.9 40.8 36.5 36.3 31.7 27.3 144

145 Other accounts payable ND ND ND ND ND 38.8 48.6 53.3 67.7 80.7 145

146 Trade payables 44.0 48.1 49.7 53.9 59.2 62.1 65.8 68.8 76.2 83.2 146

147 Taxes payable 18.4 16.8 14.6 12.0 14.2 12.6 13.3 14.4 15.7 16.2 147

148 Miscellaneous liabilities -27.4 -29.8 -34.3 -33.9 -35.3 -35.8 -30.5 -29.9 -24.3 -18.7 148

149 Net worth ND ND ND ND ND 194.7 139.1 171.8 148.6 97.6 149

Notes. Nonfinancial corporate business includes corporate farms that are excluded from the nonfinancial corporate business sector in the Flow of Funds Accounts.

Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.

(1) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

 the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(2) Net equity in reserves of property-casualty insurance companies.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(4) Includes changes in the market value of shares and other equity that are excluded from the related measures for the nonfinancial corporate business sector in the Flow of Funds Accounts.

(5) Excludes nonproduced nonfinancial assets.

n.e.c. Not elsewhere classified
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Historical Annuals, 1955-1964, 133

S.6.a Financial Business

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 Current account

 1 Gross value added ND ND ND ND ND 20.7 21.8 22.5 23.3 25.6 1

 2 Less: Consumption of fixed capital 0.8 0.9 1.0 1.1 1.2 1.2 1.2 1.3 1.3 1.4 2

 3 Equals: Net value added ND ND ND ND ND 19.5 20.6 21.3 21.9 24.1 3

 4 Compensation of employees (paid) ND ND ND ND ND 11.4 12.3 13.0 13.8 14.9 4

 5 Wages and salaries ND ND ND ND ND 10.4 11.3 11.8 12.5 13.5 5

 6 Employers’ social contributions ND ND ND ND ND 0.9 1.0 1.2 1.3 1.4 6

 7 Taxes on production and imports less subsidies ND ND ND ND ND 1.5 1.6 1.7 1.8 2.1 7

 8 Operating surplus, net ND ND ND ND ND 6.5 6.7 6.6 6.3 7.2 8

 9 Net national income/Balance of primary incomes, net ND ND ND ND ND 7.5 7.4 8.0 7.7 8.5 9

10 Operating surplus, net ND ND ND ND ND 6.5 6.7 6.6 6.3 7.2 10

11 Property income (received) ND ND ND ND ND 32.0 34.2 38.1 41.7 46.4 11

12 Interest ND ND ND ND ND 29.6 31.7 35.1 38.7 42.7 12

13 Distributed income of corporations (dividends) ND ND ND ND ND 2.3 2.4 2.9 2.9 3.6 13

14 Reinvested earnings on U.S. direct investment abroad ND ND ND ND ND 0.1 0.0 0.1 0.1 0.1 14

15 Less: Uses of property income (paid) ND ND ND ND ND 31.0 33.4 36.7 40.2 45.0 15

16 Interest ND ND ND ND ND 26.1 28.1 31.2 34.2 38.1 16

17 Distributed income of corporations ND ND ND ND ND 4.9 5.2 5.5 6.0 6.8 17

18 Dividends ND ND ND ND ND 3.2 3.4 3.7 4.0 4.6 18

19 Withdrawals from income of quasi-corporations (1) ND ND ND ND ND 1.6 1.9 1.8 2.0 2.2 19

20 Reinvested earnings on foreign direct investment ND ND ND ND ND 0.0 0.1 0.1 0.1 0.1 20

21 Rents on land and natural resources ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 21

22 Net national income/Balance of primary incomes, net ND ND ND ND ND 7.5 7.4 8.0 7.7 8.5 22

23 Less: Current taxes on income, wealth, etc. (paid) ND ND ND ND ND 3.6 3.5 3.5 3.6 4.3 23

24 Less: Other current transfers (paid) ND ND ND ND ND 0.2 0.2 0.3 0.7 0.9 24

25 Equals: Disposable income, net ND ND ND ND ND 3.6 3.7 4.2 3.4 3.4 25

26 Equals: Net saving ND ND ND ND ND 3.6 3.7 4.2 3.4 3.4 26

 Capital account

27 Net saving less capital transfers ND ND ND ND ND 3.6 3.7 4.2 3.4 3.4 27

28 Net saving ND ND ND ND ND 3.6 3.7 4.2 3.4 3.4 28

29 Less: Capital transfers paid (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 29

30 Capital formation, net ND ND ND ND ND 0.8 0.8 1.0 0.9 1.5 30

31 Gross fixed capital formation (nonresidential) 1.6 1.7 1.7 1.7 1.9 2.0 2.0 2.3 2.2 2.9 31

32 Less: Consumption of fixed capital 0.8 0.9 1.0 1.1 1.2 1.2 1.2 1.3 1.3 1.4 32

33 Net lending (+) or borrowing (-), capital account (lines 27-30) ND ND ND ND ND 2.8 2.9 3.2 2.5 1.9 33

 Financial account

34 Net lending (+) or borrowing (-) (line 33) ND ND ND ND ND 2.8 2.9 3.2 2.5 1.9 34

35 Net acquisition of financial assets 42.2 40.0 44.6 53.1 52.6 55.3 66.2 75.6 80.5 90.5 35

36 Monetary gold -0.0 0.3 0.8 -2.2 -1.1 -1.7 -0.9 -0.9 -0.5 -0.1 36

37 Currency and deposits 1.3 0.8 0.1 -0.1 -0.1 0.3 2.4 2.1 -0.8 1.5 37

38 Debt securities -3.5 2.0 8.0 23.0 0.2 11.5 19.7 18.4 12.6 17.1 38

39 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 39

40 Open market paper -0.2 0.1 0.1 0.2 0.0 0.7 0.8 0.2 0.1 0.3 40

41 Treasury securities -8.1 -3.8 -2.3 11.1 -6.8 1.9 7.9 3.6 0.1 3.8 41

42 Agency- and GSE-backed securities (2) -0.5 -0.3 0.9 1.0 -0.4 1.3 0.9 1.9 0.5 0.9 42

43 Municipal securities 1.6 1.3 2.3 4.1 2.3 2.0 3.9 5.8 4.4 3.6 43

44 Corporate and foreign bonds 3.0 3.9 6.5 5.6 4.3 4.8 5.3 6.0 6.3 7.2 44

45 Nonmarketable government securities 0.7 0.9 0.4 0.9 0.9 0.9 0.9 1.0 1.2 1.2 45

46 Loans 30.9 21.5 16.2 14.7 32.3 25.4 25.7 34.9 46.0 46.8 46

47 Short term 16.2 8.6 6.5 2.5 16.6 11.3 9.2 13.9 20.5 20.8 47

48 Long term (mortgages) 14.7 12.9 9.7 12.2 15.7 14.1 16.6 21.0 25.5 26.0 48

49 Equity and investment fund shares 2.0 2.8 4.3 3.1 5.4 6.4 5.8 7.5 8.0 9.1 49

50 Corporate equities 1.8 2.6 4.1 2.9 5.2 6.1 5.5 7.1 7.8 8.6 50

51 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 -0.0 0.2 51

52 Money market mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 52

53 Equity in government-sponsored enterprises (2) ND ND ND ND ND 0.1 0.1 0.0 0.0 0.1 53

54 U.S. direct investment abroad ND ND ND ND ND 0.1 0.1 0.2 0.2 0.2 54

55 Stock in Federal Reserve Banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 55

56 Investment in subsidiaries ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 56
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1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

57 Insurance, pension and standardized guarantee schemes 10.6 11.6 14.9 13.1 14.4 13.2 12.2 11.1 13.0 14.1 57

58 Other accounts receivable 0.9 1.0 0.2 1.6 1.5 0.3 1.2 2.5 2.2 2.1 58

59 Net incurrence of liabilities 40.6 38.5 43.6 51.4 51.2 52.1 63.1 72.9 79.6 88.5 59

60 Currency and deposits 12.1 12.3 10.8 22.0 10.8 17.9 28.5 34.6 33.7 40.1 60

61 Debt securities 1.4 2.2 3.5 -0.3 3.9 5.7 2.0 3.1 4.5 5.6 61

62 Agency- and GSE-backed securities (2) 1.0 0.5 1.4 0.1 2.2 0.7 0.7 1.6 1.6 0.5 62

63 Corporate bonds 0.4 1.3 1.2 -0.1 1.0 3.2 0.7 0.3 1.6 3.1 63

64 Commercial paper 0.0 0.5 0.8 -0.2 0.7 1.7 0.5 1.2 1.3 2.0 64

65 Loans 1.8 -0.3 -0.5 1.1 3.4 -1.0 1.6 2.2 3.3 1.4 65

66 Short term 1.8 -0.3 -0.5 1.1 3.4 -1.0 1.6 2.2 3.3 1.4 66

67 Long term (mortgages) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 67

68 Equity and investment fund shares 0.5 1.6 2.3 1.1 2.1 2.4 1.0 1.7 2.1 1.3 68

69 Money market mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 69

70 Corporate equity issues -0.2 0.6 1.3 -0.4 0.5 1.1 -0.9 0.3 1.0 0.0 70

71 Mutual fund shares 0.6 0.8 0.8 1.4 1.4 1.0 1.7 1.3 1.0 1.2 71

72 Equity in government-sponsored enterprises (2) 0.1 0.1 0.2 0.1 0.1 0.2 0.1 0.0 0.0 0.0 72

73 Foreign direct investment in the United States ND ND ND ND ND 0.1 0.0 0.0 -0.0 0.0 73

74 Equity in noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 74

75 Investment by parent ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 75

76 Stock in Federal Reserve Banks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 76

77 Insurance, pension and standardized guarantee schemes 21.1 22.9 26.8 26.0 29.5 28.3 28.7 28.5 32.2 37.2 77

78 Other accounts payable 3.8 -0.2 0.7 1.6 1.5 -1.2 1.3 2.7 3.9 2.8 78

 Addendum:

79 Net lending (+) or borrowing (-), financial account (lines 35-59) 1.5 1.5 0.9 1.6 1.4 3.2 3.1 2.7 1.0 2.0 79

 Other changes in volume account

80 Total other volume changes ND ND ND ND ND 1.2 -3.1 -7.2 -6.2 -3.7 80

81 Disaster losses ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 81

82 Other volume changes ND ND ND ND ND 0.8 -3.3 -6.6 -4.7 -3.9 82

83 Less: Statistical discrepancy (lines 33-[35-59]) (3) 0.0 0.1 0.6 0.3 1.2 -0.4 -0.2 0.5 1.5 -0.2 83

 Revaluation account

84 Nonfinancial assets ND ND ND ND ND -0.2 0.1 0.2 0.2 0.5 84

85 Structures (nonresidential) ND ND ND ND ND -0.2 0.2 0.2 0.2 0.6 85

86 Equipment ND ND ND ND ND -0.0 -0.0 -0.0 -0.0 -0.1 86

87 Intellectual property products ND ND ND ND ND -0.0 -0.0 0.0 0.0 0.0 87

88 Financial assets ND ND ND ND ND -1.9 9.3 -10.9 6.1 4.6 88

89 Corporate equities 4.9 -0.5 -4.1 8.4 1.5 -1.9 9.3 -10.9 6.0 4.6 89

90 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.0 0.0 0.0 90

91 U.S. direct investment abroad ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 91

92 Liabilities ND ND ND ND ND 1.1 31.0 -19.9 11.1 6.9 92

93 Corporate equity issues 7.7 0.3 -5.7 12.0 4.1 2.2 28.3 -4.0 11.7 8.5 93

94 Mutual fund shares 1.2 0.4 -1.2 3.1 1.2 0.2 4.2 -2.9 3.0 2.7 94

95 Foreign direct investment in the United States ND ND ND ND ND -0.0 0.2 -0.1 0.1 0.1 95

96 Equity in noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 96

97 Pension fund reserves 0.3 -0.3 6.7 0.3 -5.8 -1.3 -1.7 -12.9 -3.7 -4.3 97

98 Investment by parent ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 98

99 Changes in net worth due to nominal holding gains/losses ND ND ND ND ND -3.2 -21.5 9.2 -4.8 -1.9 99

 Changes in balance sheet account

100 Change in net worth (lines 30+33+80+99) ND ND ND ND ND 1.6 -20.9 6.2 -7.6 -2.2 100

 Balance sheet account (end of period)

101 Total assets ND ND ND ND ND 890.2 963.2 1022.5 1105.5 1198.6 101

102 Nonfinancial assets (4) ND ND ND ND ND 16.7 17.7 18.9 19.9 21.9 102

103 Structures (nonresidential) ND ND ND ND ND 12.6 13.5 14.4 15.3 16.8 103

104 Equipment ND ND ND ND ND 4.1 4.2 4.4 4.5 4.9 104

105 Intellectual property products ND ND ND ND ND 0.0 0.1 0.1 0.1 0.2 105
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1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

106 Financial assets 621.4 661.7 710.6 770.3 819.3 873.4 945.5 1003.6 1085.5 1176.7 106

107 Monetary gold 21.7 21.9 22.8 20.5 19.5 17.8 16.9 16.0 15.5 15.4 107

108 Currency and deposits 34.6 35.4 35.6 35.5 35.4 35.7 38.0 40.2 39.4 40.9 108

109 Debt securities 213.7 215.7 223.7 246.7 247.0 258.6 278.3 296.7 309.2 326.3 109

110 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 110

111 Open market paper 0.7 0.8 1.0 1.2 1.3 1.9 2.8 3.0 3.1 3.4 111

112 Treasury securities 121.6 117.8 115.4 126.6 119.8 121.7 129.6 133.2 133.3 137.1 112

113 Agency- and GSE-backed securities (2) 3.1 2.8 3.7 4.7 4.3 5.5 6.4 8.2 8.7 9.6 113

114 Municipal securities 22.8 24.1 26.4 30.5 32.8 34.8 38.7 44.4 48.8 52.4 114

115 Corporate and foreign bonds 55.4 59.3 65.8 71.4 75.7 80.5 85.8 91.8 98.1 105.4 115

116 Nonmarketable government securities 10.0 10.9 11.3 12.3 13.2 14.1 15.0 16.0 17.2 18.4 116

117 Loans 193.5 215.1 231.3 246.0 278.6 304.0 329.8 364.7 410.7 457.5 117

118 Short term 90.7 99.4 105.9 108.4 125.3 136.6 145.8 159.7 180.2 201.0 118

119 Long term (mortgages) 102.8 115.7 125.4 137.6 153.3 167.4 184.0 205.0 230.4 256.5 119

120 Equity and investment fund shares 28.4 30.8 31.0 42.4 49.3 53.8 69.0 65.5 79.6 93.3 120

121 Corporate equities 26.9 29.1 29.1 40.3 47.0 51.2 66.1 62.3 76.1 89.3 121

122 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.4 122

123 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 123

124 Equity in government-sponsored enterprises (2) ND ND ND ND ND 1.0 1.1 1.1 1.2 1.2 124

125 U.S. direct investment abroad ND ND ND ND ND 1.2 1.3 1.5 1.7 1.8 125

126 Stock in Federal Reserve Banks 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.5 0.5 0.5 126

127 Investment in subsidiaries ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 127

128 Insurance, pension and standardized guarantee schemes 123.6 135.7 159.0 170.8 179.9 193.7 202.8 207.0 216.1 226.4 128

129 Other accounts receivable 5.9 6.9 7.3 8.4 9.5 9.9 10.9 13.5 15.0 16.9 129

130 Total liabilities and net worth ND ND ND ND ND 890.2 963.2 1022.5 1105.5 1198.6 130

131 Liabilities 618.2 657.1 700.6 767.5 818.1 871.3 965.3 1018.3 1108.9 1204.2 131

132 Currency and deposits 284.7 297.0 307.8 329.8 341.0 358.9 387.4 422.0 455.7 495.8 132

133 Debt securities 8.7 10.9 14.4 14.1 17.9 23.6 25.6 28.7 33.2 38.8 133

134 Agency- and GSE-backed securities (2) 3.1 3.6 5.0 5.1 7.3 8.1 8.8 10.4 12.0 12.6 134

135 Corporate bonds 3.2 4.5 5.7 5.6 6.5 9.8 10.5 10.8 12.4 15.5 135

136 Commercial paper 2.4 2.8 3.6 3.4 4.1 5.8 6.3 7.5 8.7 10.7 136

137 Loans 11.1 10.8 10.3 11.4 14.8 13.9 15.5 17.7 21.0 22.9 137

138 Short term 11.1 10.8 10.3 11.4 14.8 13.9 15.5 17.7 21.0 22.9 138

139 Long term (mortgages) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 139

140 Equity and investment fund shares 45.6 47.9 43.4 59.6 67.1 71.9 105.5 100.1 117.0 129.5 140

141 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 141

142 Corporate equity issues 35.1 36.0 31.7 43.2 47.8 51.1 78.5 74.8 87.6 96.0 142

143 Mutual fund shares 7.8 9.0 8.7 13.2 15.8 17.0 22.9 21.3 25.2 29.1 143

144 Equity in government-sponsored enterprises (2) 1.0 1.1 1.3 1.4 1.5 1.7 1.8 1.9 1.9 1.9 144

145 Foreign direct investment in the United States ND ND ND ND ND 1.6 1.8 1.7 1.8 1.9 145

146 Equity in noncorporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 146

147 Investment by parent ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 147

148 Stock in Federal Reserve Banks 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.5 0.5 0.5 148

149 Insurance, pension and standardized guarantee schemes 253.0 275.6 309.1 335.3 359.1 386.1 413.1 428.7 457.2 490.1 149

150 Other accounts payable 15.1 15.0 15.7 17.2 18.3 17.0 18.3 21.0 24.9 27.2 150

151 Net worth ND ND ND ND ND 18.9 -2.1 4.2 -3.4 -5.6 151

Notes. Financial business includes depository institutions, insurance companies and pension funds, monetary authority, and other financial institutions.

Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.

(1) Consists of rental income of tenant-occupied housing and proprietors’ income. Quasi-corporations are unincorporated enterprises that function as if they were corporations;

they primarily cover their operating costs through sales, and they keep a complete set of financial records.

(2) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(3) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(4) Excludes land. Includes corporate and noncorporate financial business.

SDRs Special Drawing Rights
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1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 Current account

 1 Gross value added ND ND ND ND ND 45.0 47.0 50.1 53.1 56.4 1

 2 Less: Consumption of fixed capital 10.7 11.7 12.7 13.4 14.3 15.1 16.0 17.1 18.3 19.2 2

 3 Equals: Net value added ND ND ND ND ND 29.8 31.0 33.0 34.8 37.2 3

 4 Compensation of employees (paid) ND ND ND ND ND 30.5 31.9 33.9 35.5 38.0 4

 5 Wages and salaries ND ND ND ND ND 24.0 25.1 26.6 27.9 29.9 5

 6 Employers’ social contributions ND ND ND ND ND 6.5 6.8 7.2 7.6 8.1 6

 7 Operating surplus, net 0.0 0.0 0.0 0.0 -0.5 -0.7 -0.9 -0.9 -0.7 -0.8 7

 8 Net national income/Balance of primary incomes, net ND ND ND ND ND -1.2 -2.1 -2.4 -2.6 -3.6 8

 9 Operating surplus, net 0.0 0.0 0.0 0.0 -0.5 -0.7 -0.9 -0.9 -0.7 -0.8 9

10 Taxes on production and imports, receivable 10.4 11.0 11.5 11.2 12.2 13.1 13.2 14.1 14.7 15.4 10

11 Subsidies (paid) ND ND ND ND ND -1.1 -2.0 -2.3 -2.2 -2.7 11

12 Property income (received) ND ND ND ND ND 1.5 1.6 1.8 1.9 1.9 12

13 Interest ND ND ND ND ND 1.3 1.4 1.6 1.7 1.7 13

14 Distributed income of corporations (dividends) ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 14

15 Rents on land and natural resources ND ND ND ND ND 0.2 0.2 0.2 0.2 0.2 15

16 Less: Uses of property income (interest paid) ND ND ND ND ND 13.9 13.9 15.1 16.3 17.5 16

17 Net national income/Balance of primary incomes, net ND ND ND ND ND -1.2 -2.1 -2.4 -2.6 -3.6 17

18 Plus: Current taxes on income, wealth, etc. (received) ND ND ND ND ND 63.4 64.3 69.1 73.9 72.3 18

19 Plus: Social benefits (received) 8.8 9.6 11.0 11.0 13.5 16.0 16.6 18.6 21.1 21.8 19

20 Less: Social contributions (paid) 11.5 12.3 14.5 18.2 18.6 20.1 23.4 23.8 25.0 25.5 20

21 Plus: Other current transfers (received) 0.2 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.5 0.6 21

22 Less: Other current transfers (paid) 4.5 4.4 4.7 5.2 7.6 7.3 7.8 8.4 8.8 9.4 22

23 Equals: Disposable income, net ND ND ND ND ND 51.1 48.0 53.6 59.0 56.2 23

24 Less: Final consumption expenditures 46.8 47.4 50.9 52.6 51.8 50.9 52.7 59.0 61.2 63.1 24

25 Equals: Net saving ND ND ND ND ND 0.2 -4.7 -5.3 -2.1 -6.9 25

 Capital account

26 Net saving less capital transfers ND ND ND ND ND -0.7 -5.6 -6.4 -3.5 -8.4 26

27 Net saving ND ND ND ND ND 0.2 -4.7 -5.3 -2.1 -6.9 27

28 Less: Capital transfers paid (net) -0.2 -0.5 -0.1 1.0 1.7 0.9 0.9 1.0 1.3 1.5 28

29 Capital formation, net ND ND ND ND ND 7.2 9.1 9.9 8.9 8.6 29

 Gross fixed capital formation (acquisition of

30 produced nonfinancial assets) 14.2 15.8 17.6 18.9 21.8 21.9 24.6 26.5 26.7 27.1 30

31 Less: Consumption of fixed capital 10.7 11.7 12.7 13.4 14.3 15.1 16.0 17.1 18.3 19.2 31

32 Acquisition of nonproduced nonfinancial assets 0.0 0.0 0.0 0.0 0.3 0.5 0.5 0.6 0.5 0.6 32

33 Net lending (+) or borrowing (-), capital account (lines 26-29) ND ND ND ND ND -7.9 -14.7 -16.3 -12.3 -16.9 33

 Financial account

34 Net lending (+) or borrowing (-) (line 33) ND ND ND ND ND -7.9 -14.7 -16.3 -12.3 -16.9 34

35 Net acquisition of financial assets 12.9 10.0 10.4 9.5 4.6 0.9 2.7 3.4 3.8 3.6 35

36 Monetary gold and SDRs -0.0 0.0 -0.0 -0.0 0.0 -0.0 0.0 0.0 0.0 0.0 36

37 Monetary gold -0.0 0.0 -0.0 -0.0 0.0 -0.0 0.0 0.0 0.0 0.0 37

38 SDR holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 38

39 Currency and deposits -0.1 0.8 1.1 0.7 0.7 1.1 0.4 0.6 0.0 0.3 39

40 Official foreign currencies 0.0 0.0 0.0 0.0 0.0 0.0 0.1 -0.0 0.1 0.1 40

41 Reserve position in IMF (net) -0.1 0.6 0.3 -0.0 0.1 -0.4 0.1 -0.6 -0.0 -0.3 41

42 Currency and transferable deposits -0.3 -0.3 0.1 0.3 0.7 1.0 -0.0 1.0 -0.4 0.5 42

43 Time and savings deposits -0.0 -0.0 -0.0 0.0 -0.0 -0.0 0.0 -0.0 -0.0 0.0 43

44 Nonofficial foreign currencies 0.3 0.6 0.6 0.3 0.0 0.5 0.3 0.2 0.4 0.0 44

45 Debt securities 0.0 -0.0 0.0 -0.0 -0.0 0.0 -0.0 -0.0 0.0 -0.0 45

46 Agency- and GSE-backed securities 0.0 -0.0 0.0 -0.0 -0.0 0.0 -0.0 -0.0 0.0 -0.0 46

47 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 47

48 Loans 0.7 0.7 0.6 1.5 1.8 1.0 1.7 2.0 1.5 2.8 48

49 Short term 0.5 0.7 0.3 1.1 0.5 0.8 1.2 1.9 1.9 2.9 49

50 Consumer credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 50

51 Other loans and advances 0.5 0.7 0.3 1.1 0.5 0.8 1.2 1.9 1.9 2.9 51

52 Long term (mortgages) 0.2 0.0 0.3 0.4 1.3 0.2 0.4 0.1 -0.4 -0.0 52

53 Equity and investment fund shares 0.0 0.0 0.1 -0.0 0.0 0.2 0.2 0.1 0.0 -0.0 53

54 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 54

55 Equity in international organizations 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.1 0.1 0.1 55

56 Equity in government-sponsored enterprises (1) 0.0 -0.0 0.1 -0.0 0.0 0.0 -0.0 -0.0 -0.1 -0.1 56

57 Equity investment under Public-Private Inv. Program 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 57
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1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

58 Other accounts receivable 12.3 8.5 8.7 7.4 2.1 -1.4 0.4 0.7 2.2 0.5 58

59 Trade receivables -0.2 0.1 -0.1 -0.5 -0.0 0.1 -0.0 0.2 0.5 0.2 59

60 Taxes receivable 12.5 8.4 8.8 7.9 2.1 -1.5 0.4 0.5 1.7 0.2 60

61 Other (miscellaneous assets) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 61

62 Net incurrence of liabilities 6.4 3.3 7.1 19.1 16.9 9.4 18.9 19.5 16.8 19.5 62

63 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 63

64 Currency and deposits -0.3 -0.2 -0.3 -0.2 -0.2 -0.1 -0.1 -0.1 -0.0 -0.0 64

65 Debt securities -0.1 -5.0 -1.9 9.7 7.5 -1.5 7.9 7.6 4.9 7.3 65

66 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 66

67 Treasury securities including savings bonds -0.1 -5.6 -2.7 8.8 7.3 -2.2 6.7 6.1 3.9 5.2 67

68 Federal agency securities -0.7 -0.3 0.3 -0.1 -0.6 -0.3 0.3 0.5 -0.2 0.9 68

69 Nonmarketable securities held by pension plans 0.7 0.9 0.4 0.9 0.9 0.9 0.9 1.0 1.2 1.2 69

70 Loans (mortgages) 0.0 0.0 0.1 0.4 0.3 0.4 0.2 0.3 0.1 0.0 70

71 Insurance, pension and standardized guarantee schemes 7.0 7.8 9.1 9.0 9.6 10.0 10.7 11.3 11.8 12.5 71

72 Insurance reserves -0.2 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 72

73 Retiree Health Care Funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 73

74 Claims of pension fund on sponsor 7.1 7.5 9.0 9.0 9.5 9.9 10.6 11.2 11.7 12.4 74

75 Other accounts payable ND ND ND ND ND 0.7 0.2 0.4 0.1 -0.2 75

76 Trade payables -0.1 0.3 0.2 0.1 0.1 0.5 0.3 0.4 0.3 0.1 76

77 Other (miscellaneous liabilities) -0.2 0.4 -0.0 0.0 -0.4 0.2 -0.0 0.0 -0.2 -0.3 77

 Addendum:

78 Net lending (+) or borrowing (-), financial account (lines 35-62) 6.6 6.7 3.2 -9.6 -12.3 -8.5 -16.3 -16.2 -13.0 -15.9 78

 Other changes in volume account

79 Total other volume changes ND ND ND ND ND 0.1 -2.3 -0.1 -1.8 0.2 79

80 Disaster losses 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 80

81 Other volume changes ND ND ND ND ND 0.7 -0.8 -0.2 -1.1 -0.8 81

82 Less: Statistical discrepancy (lines 33-[35-62]) (2) -10.4 -9.0 -10.7 -9.1 -1.1 0.6 1.5 -0.1 0.7 -1.0 82

 Revaluation account

83 Nonfinancial assets ND ND ND ND ND 1.0 2.2 4.7 1.4 3.1 83

84 Structures ND ND ND ND ND 0.1 1.6 1.6 1.1 2.3 84

85 Equipment ND ND ND ND ND 0.6 0.5 3.1 -0.0 0.5 85

86 Intellectual property products ND ND ND ND ND 0.3 0.2 -0.0 0.3 0.2 86

87 Financial assets ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 87

88 Monetary gold and SDRs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 88

89 Currency and deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 89

90 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 90

91 Equity investment under Public-Private Inv. Program 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 91

92 Liabilities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 92

93 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 93

94 Changes in net worth due to nominal holding gains/losses ND ND ND ND ND 1.0 2.2 4.7 1.4 3.1 94

 Changes in balance sheet account

95 Change in net worth (lines 29+33+79+94) ND ND ND ND ND 0.4 -5.7 -1.7 -3.8 -5.1 95

 Balance sheet account (end of period)

96 Total assets ND ND ND ND ND 252.2 265.3 282.8 295.8 310.3 96

97 Nonfinancial assets (3) ND ND ND ND ND 205.4 216.3 230.3 240.1 251.1 97

98 Structures ND ND ND ND ND 99.8 103.6 107.3 110.3 114.3 98

99 Equipment ND ND ND ND ND 78.4 82.0 88.6 90.2 91.7 99

100 Intellectual property products ND ND ND ND ND 27.3 30.7 34.4 39.5 45.1 100

101 Financial assets 37.8 38.9 39.7 40.1 45.0 46.7 49.0 52.5 55.8 59.2 101

102 Monetary gold and SDRs 0.1 0.1 0.1 0.0 0.1 0.0 0.1 0.1 0.1 0.1 102

103 Monetary gold 0.1 0.1 0.1 0.0 0.1 0.0 0.1 0.1 0.1 0.1 103

104 SDR holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 104
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S.7.a Federal Government

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

105 Currency and deposits 7.6 8.4 9.5 10.2 10.9 12.0 12.4 12.9 13.0 13.3 105

106 Official foreign currencies 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.1 0.1 106

107 Reserve position in IMF (net) 1.1 1.7 2.0 2.0 2.1 1.7 1.7 1.1 1.1 0.8 107

108 Currency and transferable deposits 5.3 5.0 5.1 5.5 6.1 7.2 7.1 8.1 7.7 8.2 108

109 Time and savings deposits 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 109

110 Nonofficial foreign currencies 0.9 1.4 2.1 2.4 2.4 2.9 3.2 3.4 3.9 3.9 110

111 Debt securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 111

112 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 112

113 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 113

114 Loans 20.9 21.6 22.2 23.6 25.7 26.7 28.3 30.3 31.8 34.7 114

115 Short term 17.3 17.9 18.3 19.3 20.1 20.9 22.1 24.0 25.9 28.8 115

116 Consumer credit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 116

117 Other loans and advances 17.3 17.9 18.3 19.3 20.1 20.9 22.1 24.0 25.9 28.8 117

118 Long term (mortgages) 3.6 3.6 3.9 4.3 5.6 5.8 6.2 6.3 5.9 5.9 118

119 Equity and investment fund shares 0.9 1.0 1.0 1.0 1.0 1.2 1.4 1.5 1.5 1.5 119

120 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 120

121 Equity in international organizations 0.6 0.7 0.7 0.7 0.7 0.8 1.0 1.1 1.2 1.2 121

122 Equity in government-sponsored enterprises (1) 0.3 0.3 0.4 0.4 0.4 0.4 0.4 0.4 0.3 0.2 122

123 Equity investment under Public-Private Inv. Program 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 123

124 Other accounts receivable 8.2 7.7 6.9 5.2 7.4 6.8 6.8 7.7 9.3 9.7 124

125 Trade receivables 2.3 2.4 2.3 1.7 1.7 1.8 1.8 2.0 2.5 2.7 125

126 Taxes receivable 5.9 5.4 4.7 3.5 5.6 5.0 5.0 5.7 6.9 6.9 126

127 Other (miscellaneous assets) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 127

128 Total liabilities and net worth ND ND ND ND ND 252.2 265.3 282.8 295.8 310.3 128

129 Liabilities 321.8 324.5 338.9 357.9 375.1 384.2 403.0 422.2 439.0 458.6 129

130 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 130

131 Currency and deposits 4.5 4.3 4.0 3.8 3.7 3.5 3.5 3.4 3.3 3.3 131

132 Debt securities 240.1 235.0 233.1 242.8 250.3 248.8 256.7 264.3 269.2 276.5 132

133 SDR certificates 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 133

134 Treasury securities including savings bonds 228.4 222.8 220.1 229.0 236.2 234.0 240.7 246.8 250.7 255.9 134

135 Federal agency securities 1.6 1.4 1.7 1.6 0.9 0.7 1.0 1.5 1.4 2.2 135

136 Nonmarketable securities held by pension plans 10.0 10.9 11.3 12.3 13.2 14.1 15.0 16.0 17.2 18.4 136

137 Loans (mortgages) 0.0 0.0 0.1 0.5 0.8 1.3 1.5 1.7 1.8 1.8 137

138 Insurance, pension and standardized guarantee schemes 74.7 82.3 98.7 107.6 117.0 126.9 137.4 148.5 160.1 172.4 138

139 Insurance reserves 5.8 6.1 6.2 6.2 6.4 6.4 6.5 6.6 6.8 6.9 139

140 Retiree Health Care Funds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 140

141 Claims of pension fund on sponsor 69.0 76.2 92.5 101.4 110.7 120.5 130.9 141.9 153.4 165.5 141

142 Other accounts payable ND ND ND ND ND 3.7 3.9 4.3 4.6 4.6 142

143 Trade payables 2.3 2.6 2.8 2.8 2.9 3.4 3.6 4.1 4.4 4.5 143

144 Other (miscellaneous liabilities) 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.2 0.2 0.1 144

145 Net worth ND ND ND ND ND -132.0 -137.7 -139.4 -143.2 -148.3 145

Note. The Federal government accounts exclude Federal employee retirement funds

(1) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(2) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(3) Excludes land and nonproduced nonfinancial assets.

IMF International Monetary Fund

SDRs Special Drawing Rights
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Historical Annuals, 1955-1964, 139

S.8.a State and Local Governments

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 Current account

 1 Gross value added ND ND ND ND ND 34.1 37.2 39.9 43.4 47.1 1

 2 Less: Consumption of fixed capital 3.2 3.6 3.9 4.1 4.4 4.5 4.8 5.2 5.5 5.9 2

 3 Equals: Net value added ND ND ND ND ND 29.6 32.4 34.8 37.9 41.2 3

 4 Compensation of employees (paid) ND ND ND ND ND 28.4 31.2 33.5 36.3 39.7 4

 5 Wages and salaries ND ND ND ND ND 25.1 27.4 29.7 32.1 35.0 5

 6 Employers’ social contributions ND ND ND ND ND 3.3 3.8 3.8 4.3 4.6 6

 7 Operating surplus, net 0.7 0.8 0.8 0.8 1.0 1.2 1.2 1.3 1.5 1.5 7

 8 Net national income/Balance of primary incomes, net ND ND ND ND ND 31.0 33.2 35.6 38.0 41.1 8

 9 Operating surplus, net 0.7 0.8 0.8 0.8 1.0 1.2 1.2 1.3 1.5 1.5 9

10 Taxes on production and imports, receivable 21.0 23.3 25.1 26.5 28.8 31.5 33.8 36.3 38.7 41.8 10

11 Subsidies (paid) ND ND ND ND ND 0.0 0.0 0.0 -0.0 -0.0 11

12 Property income (received) ND ND ND ND ND 1.3 1.4 1.5 1.6 1.9 12

13 Interest ND ND ND ND ND 1.0 1.1 1.1 1.2 1.5 13

14 Distributed income of corporations (dividends) ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 14

15 Rents on land and natural resources ND ND ND ND ND 0.3 0.4 0.4 0.4 0.4 15

16 Less: Uses of property income (interest paid) ND ND ND ND ND 3.0 3.3 3.5 3.8 4.1 16

17 Net national income/Balance of primary incomes, net ND ND ND ND ND 31.0 33.2 35.6 38.0 41.1 17

18 Plus: Current taxes on income, wealth, etc. (received) ND ND ND ND ND 5.5 5.8 6.5 7.1 7.9 18

19 Plus: Social benefits (received) 0.3 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.6 0.7 19

20 Less: Social contributions (paid) 3.3 3.3 3.6 4.0 4.3 4.6 5.0 5.3 5.7 6.2 20

21 Plus: Other current transfers (received) 2.9 3.0 3.5 4.0 4.0 4.3 4.9 5.5 6.0 6.8 21

22 Equals: Disposable income, net ND ND ND ND ND 36.6 39.5 42.8 46.0 50.3 22

23 Less: Final consumption expenditures 22.1 24.0 26.4 29.4 31.2 34.1 37.2 39.3 42.3 46.0 23

24 Equals: Net saving ND ND ND ND ND 2.6 2.2 3.4 3.7 4.3 24

 Capital account

25 Net saving less capital transfers ND ND ND ND ND 5.6 5.5 6.9 7.9 9.0 25

26 Net saving ND ND ND ND ND 2.6 2.2 3.4 3.7 4.3 26

27 Less: Capital transfers paid (net) -1.0 -1.1 -1.6 -2.7 -3.5 -3.0 -3.3 -3.5 -4.1 -4.7 27

28 Capital formation, net ND ND ND ND ND 10.4 11.4 12.0 13.4 14.6 28

 Gross fixed capital formation (acquisition of

29 produced nonfinancial assets) 10.1 11.4 12.7 13.7 14.1 14.1 15.3 16.1 17.8 19.3 29

30 Less: Consumption of fixed capital 3.2 3.6 3.9 4.1 4.4 4.5 4.8 5.2 5.5 5.9 30

31 Acquisition of nonproduced nonfinancial assets 0.6 0.7 0.7 0.8 0.8 0.9 1.0 1.1 1.2 1.3 31

32 Net lending (+) or borrowing (-), capital account (lines 25-28) ND ND ND ND ND -4.8 -5.9 -5.1 -5.5 -5.6 32

 Financial account

33 Net lending (+) or borrowing (-) (line 32) ND ND ND ND ND -4.8 -5.9 -5.1 -5.5 -5.6 33

34 Net acquisition of financial assets 2.4 1.6 0.3 0.6 2.2 2.6 2.4 3.4 3.5 4.2 34

35 Currency and deposits -0.0 -0.5 -0.3 0.6 1.3 1.3 0.8 1.0 2.6 3.0 35

36 Currency and transferable deposits 0.0 -0.5 -0.7 -0.2 1.7 -0.0 -0.1 0.1 0.9 1.3 36

37 Time and savings deposits -0.1 0.0 0.4 0.8 -0.4 1.4 0.9 1.0 1.6 1.7 37

38 Debt securities 1.2 1.1 -0.2 -0.0 1.1 1.4 0.7 1.3 1.5 1.4 38

39 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 39

40 Treasury securities 1.1 1.1 -0.3 -0.0 1.2 0.9 0.3 1.2 1.2 1.0 40

41 Agency- and GSE-backed securities (1) 0.0 0.1 -0.0 -0.1 -0.1 0.5 0.5 0.3 0.5 0.5 41

42 Municipal securities 0.0 0.0 0.1 0.1 -0.0 0.0 0.0 -0.2 -0.2 -0.1 42

43 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 43

44 Loans 0.6 0.7 0.7 -0.2 -0.6 -0.6 0.4 0.8 -1.0 -0.8 44

45 Short term 0.5 0.6 0.5 -0.4 -0.8 -0.8 0.1 0.5 -1.2 -1.0 45

46 Long term (mortgages) 0.1 0.1 0.2 0.2 0.3 0.2 0.3 0.3 0.2 0.2 46

47 Equity and investment fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 47

48 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 48

49 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 49

50 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 50

51 Other accounts receivable 0.7 0.3 0.1 0.2 0.4 0.4 0.4 0.2 0.5 0.6 51

52 Trade receivables 0.5 0.3 0.1 0.3 0.4 0.3 0.3 0.3 0.5 0.5 52

53 Taxes receivable 0.0 0.0 -0.0 0.1 -0.0 -0.0 0.1 0.0 0.1 0.0 53

54 Other (miscellaneous assets) 0.2 0.1 0.0 -0.1 0.0 0.1 -0.0 -0.1 -0.1 -0.0 54
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140 Historical Annuals, 1955-1964,

S.8.a State and Local Governments

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

55 Net incurrence of liabilities 7.1 6.6 7.0 8.4 8.8 8.5 8.9 9.5 9.3 10.3 55

56 Debt securities (municipals) 5.0 4.2 4.5 5.5 5.8 5.3 5.4 5.5 5.2 6.1 56

57 Short term 0.0 0.1 0.2 0.4 0.4 0.3 0.2 -0.0 0.4 0.8 57

58 Other 5.0 4.1 4.3 5.0 5.4 5.0 5.1 5.5 4.8 5.4 58

59 Loans (short term) 0.0 0.1 0.2 0.2 0.2 0.2 0.2 0.5 0.2 0.3 59

60 Insurance, pension and standardized guarantee schemes 1.4 1.7 1.6 1.9 1.9 2.1 2.3 2.5 2.7 2.7 60

 (Claim of pension funds on sponsor)

61 Other accounts payable (trade payables) 0.6 0.7 0.8 0.8 0.9 0.9 1.0 1.0 1.1 1.2 61

 Addendum:

62 Net lending (+) or borrowing (-), financial account (lines 34-55) -4.7 -5.0 -6.7 -7.7 -6.6 -5.9 -6.6 -6.2 -5.8 -6.1 62

 Other changes in volume account

63 Total other volume changes ND ND ND ND ND -2.7 -2.0 7.0 -0.6 -1.3 63

64 Disaster losses 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 64

65 Other volume changes ND ND ND ND ND -1.7 -1.4 8.1 -0.3 -0.8 65

66 Less: Statistical discrepancy (lines 32-[34-55]) (2) ND ND ND ND ND 1.0 0.7 1.1 0.3 0.5 66

 Revaluation account

67 Nonfinancial assets ND ND ND ND ND -0.1 1.9 4.5 3.2 3.4 67

68 Structures ND ND ND ND ND -0.1 1.9 4.5 3.1 3.3 68

69 Equipment ND ND ND ND ND 0.0 -0.0 -0.0 0.0 0.0 69

70 Intellectual property products ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 70

71 Equity and investment fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 71

72 Changes in net worth due to nominal holding gains/losses ND ND ND ND ND -0.1 1.9 4.5 3.2 3.4 72

 Changes in balance sheet account

73 Change in net worth (lines 28+32+63+72) ND ND ND ND ND 2.7 5.4 18.4 10.5 11.1 73

 Balance sheet account (end of period)

74 Total assets ND ND ND ND ND 242.5 257.3 276.0 294.9 315.8 74

75 Nonfinancial assets (3) ND ND ND ND ND 205.5 217.9 233.3 248.7 265.4 75

76 Structures ND ND ND ND ND 199.6 211.5 226.5 241.2 257.2 76

77 Equipment ND ND ND ND ND 5.1 5.5 5.9 6.4 7.0 77

78 Intellectual property products ND ND ND ND ND 0.8 0.9 0.9 1.1 1.2 78

79 Financial assets 29.7 31.3 31.6 32.2 34.4 37.0 39.4 42.7 46.2 50.4 79

80 Currency and deposits 10.3 9.8 9.6 10.2 11.4 12.8 13.6 14.7 17.2 20.2 80

81 Currency and transferable deposits 8.0 7.4 6.8 6.6 8.3 8.2 8.2 8.2 9.2 10.4 81

82 Time and savings deposits 2.4 2.4 2.8 3.6 3.2 4.6 5.5 6.5 8.1 9.8 82

83 Debt securities 14.1 15.2 15.0 15.0 16.1 17.5 18.3 19.6 21.1 22.5 83

84 Open market paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 84

85 Treasury securities 10.9 12.0 11.7 11.6 12.8 13.7 14.0 15.2 16.3 17.3 85

86 Agency- and GSE-backed securities (1) 0.7 0.8 0.7 0.6 0.5 1.1 1.5 1.9 2.4 2.9 86

87 Municipal securities 2.5 2.5 2.6 2.7 2.7 2.7 2.8 2.6 2.3 2.2 87

88 Corporate and foreign bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 88

89 Loans 1.4 2.0 2.7 2.6 2.0 1.4 1.8 2.6 1.6 0.8 89

90 Short term 0.7 1.3 1.8 1.4 0.6 -0.2 -0.1 0.5 -0.7 -1.8 90

91 Long term (mortgages) 0.6 0.7 0.9 1.1 1.4 1.6 1.8 2.1 2.3 2.5 91

92 Equity and investment fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 92

93 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 93

94 Corporate equities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 94

95 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 95

96 Other accounts receivable 3.9 4.2 4.3 4.5 4.9 5.3 5.7 5.9 6.4 6.9 96

97 Trade receivables 2.9 3.1 3.2 3.5 3.9 4.2 4.5 4.8 5.3 5.8 97

98 Taxes receivable 0.5 0.6 0.5 0.6 0.6 0.6 0.6 0.7 0.7 0.8 98

99 Other (miscellaneous assets) 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.3 0.3 99

100 Total liabilities and net worth ND ND ND ND ND 242.5 257.3 276.0 294.9 315.8 100

101 Liabilities 70.7 78.2 85.7 95.1 99.8 109.1 118.4 118.7 127.2 137.0 101
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Historical Annuals, 1955-1964, 141

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Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

102 Debt securities (municipals) 45.7 49.9 54.4 59.8 65.7 71.0 76.3 81.8 87.0 93.2 102

103 Short term 2.1 2.2 2.4 2.8 3.2 3.5 3.7 3.7 4.1 4.9 103

104 Other 43.6 47.7 52.0 57.0 62.5 67.5 72.7 78.1 82.9 88.3 104

105 Loans (short term) 0.5 0.5 0.7 0.9 1.0 1.2 1.5 2.0 2.2 2.5 105

106 Insurance, pension and standardized guarantee schemes 21.2 23.8 25.9 28.8 26.5 29.4 32.1 25.5 27.3 29.5 106

 (Claim of pension funds on sponsor)

107 Other accounts payable (trade payables) 3.4 4.1 4.8 5.7 6.5 7.5 8.5 9.5 10.7 11.9 107

108 Net worth ND ND ND ND ND 133.4 138.8 157.3 167.7 178.8 108

Note. The state and local government accounts exclude state and local employee retirement funds

(1) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(2) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(3) Excludes land and nonproduced nonfinancial assets.
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142 Historical Annuals, 1955-1964,

S.9.a Rest of the World 

Billions of dollars

1955 1956 1957 1958 1959 1960 1961 1962 1963 1964

 

 Current account

 1 Foreign income from U.S. ND ND ND ND ND 28.8 28.7 31.2 32.7 34.8 1

 2 U.S. imports of goods and services 17.2 18.9 19.9 20.0 22.3 22.8 22.7 25.0 26.1 28.1 2

 3 U.S. income payments to rest of world ND ND ND ND ND 1.8 1.8 1.8 2.1 2.3 3

 4 Current taxes and trans. payments to rest of world 2.6 2.5 2.4 2.4 4.4 4.1 4.2 4.4 4.5 4.4 4

 5 Less: Foreign outlays to U.S. ND ND ND ND ND 31.9 32.9 35.0 37.6 42.3 5

 6 U.S. exports of goods and services 17.7 21.3 24.0 20.6 22.7 27.0 27.6 29.1 31.1 35.0 6

 7 U.S. income receipts from rest of world ND ND ND ND ND 4.9 5.3 5.9 6.5 7.2 7

 8 Equals: Net saving (current external balance) ND ND ND ND ND -3.2 -4.2 -3.8 -4.9 -7.5 8

 Capital account

 9 Net saving ND ND ND ND ND -3.2 -4.2 -3.8 -4.9 -7.5 9

10 Less: Net capital transfers 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 10

11 Less: Acquisition of nonproduced nonfinancial assets ND ND ND ND ND 0.0 -0.0 0.0 0.0 0.0 11

12 Net lending (+) or borrowing (-), capital account (lines 9-10-11) -0.4 -2.7 -4.7 -0.8 1.3 -3.2 -4.2 -3.8 -4.9 -7.5 12

 Financial account

13 Net lending (+) or borrowing (-) (line 12) -0.4 -2.7 -4.7 -0.8 1.3 -3.2 -4.2 -3.8 -4.9 -7.5 13

14 Net acquisition of U.S. financial assets 1.4 2.1 0.3 3.5 4.6 3.9 3.4 2.8 3.5 3.7 14

15 Monetary gold and SDRs 0.0 -0.3 -0.8 2.3 1.1 1.7 0.9 0.9 0.5 0.1 15

16 Monetary gold 0.0 -0.3 -0.8 2.3 1.1 1.7 0.9 0.9 0.5 0.1 16

17 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 17

18 Currency and deposits -0.2 0.4 -0.0 0.9 -0.7 1.1 1.2 0.5 1.4 2.7 18

19 Currency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19

20 Transferable deposits -0.2 0.2 0.3 -0.1 0.1 -0.0 1.0 0.1 0.3 1.0 20

21 Time deposits -0.1 -0.1 -0.1 0.9 -0.8 0.3 0.1 0.5 0.9 1.3 21

22 Net interbank items due from U.S. banks 0.1 0.4 -0.2 0.2 0.0 0.8 0.1 -0.1 0.3 0.5 22

23 Debt securities 0.2 0.6 0.2 0.0 4.2 0.9 0.5 1.7 1.1 1.0 23

24 Open market paper -0.1 0.2 0.3 -0.1 -0.1 0.5 0.1 0.0 0.1 0.2 24

25 Treasury securities 0.3 0.3 -0.2 0.1 4.3 0.3 0.4 1.3 0.7 0.3 25

26 Agency- and GSE-backed securities (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.3 0.3 26

27 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 27

28 Corporate bonds 0.1 0.1 0.1 0.1 -0.1 0.1 0.0 0.0 0.1 0.2 28

29 Loans (short term) -0.0 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 -0.0 0.0 29

30 Security repurchases (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 30

31 Loans to U.S. corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 31

32 Security credit -0.0 0.0 0.0 0.0 -0.0 0.0 0.0 -0.0 -0.0 0.0 32

33 Equity and investment fund shares 0.3 0.5 0.3 0.0 0.6 0.5 0.6 0.5 0.5 0.0 33

34 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 34

35 Corporate equities 0.1 0.3 0.1 -0.1 0.4 0.2 0.3 0.1 0.2 -0.3 35

36 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 36

37 Foreign direct investment in the United States 0.2 0.2 0.2 0.1 0.2 0.3 0.3 0.3 0.2 0.3 37

38 Other accounts receivable 1.0 0.9 0.6 0.2 -0.5 -0.3 0.3 -0.8 0.2 -0.2 38

39 Trade receivables 0.0 0.1 0.1 -0.1 0.2 0.1 0.2 0.0 0.4 0.4 39

40 Other (miscellaneous assets) 0.9 0.8 0.5 0.2 -0.7 -0.5 0.0 -0.8 -0.2 -0.6 40

41 Net incurrence of liabilities 1.4 0.8 4.9 3.8 2.8 5.7 6.2 5.1 7.6 9.6 41

42 SDR holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 42

43 Currency and deposits 0.2 1.1 1.0 0.3 0.0 0.1 0.6 -0.5 0.3 0.1 43

44 Official foreign currencies 0.0 0.0 0.0 0.0 0.0 0.0 0.1 -0.0 0.1 0.2 44

45 Reserve position in IMF (net) -0.1 0.6 0.4 -0.0 0.0 -0.4 0.1 -0.6 -0.0 -0.3 45

46 U.S. private deposits -0.0 0.0 -0.0 0.0 -0.0 0.0 0.1 -0.1 -0.2 0.1 46

47 Nonofficial foreign currencies 0.3 0.6 0.6 0.3 0.0 0.5 0.3 0.2 0.4 0.0 47

48 Debt securities -0.2 0.3 0.4 0.9 0.5 0.6 0.4 1.0 1.0 0.5 48

49 Commercial paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 49

50 Bonds -0.2 0.3 0.4 0.9 0.5 0.6 0.4 1.0 1.0 0.5 50

51 Loans (short term) 0.2 0.6 0.9 1.1 0.2 1.2 1.8 1.1 2.3 3.5 51

52 Other loans and advances 0.0 0.2 0.5 0.6 -0.1 1.1 1.1 0.7 1.6 2.0 52

53 Depository institution loans n.e.c. 0.2 0.4 0.3 0.5 0.2 0.1 0.7 0.4 0.6 1.5 53

54 Security debt 0.0 -0.0 0.0 0.0 0.0 -0.0 0.0 -0.0 0.0 -0.0 54

55 Nonoff. foreign currencies (swap lines) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 55
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56 Equity and investment fund shares 1.2 1.8 2.0 0.6 1.1 3.2 3.2 2.9 3.7 4.0 56

57 Corporate equities 0.4 -0.2 -0.4 -0.6 -0.3 0.1 0.3 -0.0 0.1 0.2 57

58 U.S. government equity in IBRD, etc. 0.0 0.0 0.0 0.0 0.0 0.2 0.2 0.1 0.1 0.1 58

59 U.S. direct investment abroad 0.8 2.0 2.4 1.2 1.4 2.9 2.7 2.9 3.5 3.8 59

60 Investment by holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 60

61 Other accounts payable ND ND ND ND ND 0.7 0.2 0.6 0.4 1.5 61

62 Trade payables 0.1 0.1 0.1 -0.0 0.1 0.8 0.1 0.5 -0.4 0.8 62

63 Other (miscellaneous liabilities) -0.0 -3.1 0.4 0.9 0.9 -0.1 0.2 0.1 0.8 0.8 63

 Addendum:

64 Net lending, financial account (lines 14-41) -0.0 1.3 -4.6 -0.4 1.9 -1.8 -2.8 -2.3 -4.1 -5.9 64

 Other changes in volume account

65 Total other volume changes ND ND ND ND ND -0.4 0.3 2.2 2.6 3.8 65

66 Other volume changes ND ND ND ND ND -1.8 -1.1 0.7 1.7 2.3 66

67 Less: Statistical discrepancy (lines 12-[14-41]) (2) -0.3 -4.0 -0.1 -0.4 -0.6 -1.4 -1.4 -1.5 -0.9 -1.6 67

 Revaluation account

68 Financial assets ND ND ND ND ND -0.3 2.2 -1.6 2.0 1.6 68

69 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 69

70 Debt securities ND ND ND ND ND 0.0 0.0 0.0 0.0 0.0 70

71 Treasury securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 71

72 Agency- and GSE-backed securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 72

73 Corporate bonds 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 73

74 Equity and investment fund shares ND ND ND ND ND -0.3 2.2 -1.6 2.0 1.6 74

75 Corporate equities 1.2 0.1 -1.0 2.3 0.7 -0.3 2.2 -1.6 1.9 1.6 75

76 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 76

77 Foreign direct investment in the United States 0.2 0.2 0.1 0.3 0.3 0.0 0.0 -0.0 0.0 -0.0 77

78 Liabilities ND ND ND ND ND -0.7 0.8 0.2 0.4 0.2 78

79 SDR holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 79

80 Currency and deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.7 0.2 0.3 80

81 Official foreign currencies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 81

82 Reserve position in IMF (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 82

83 U.S. private deposits 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.7 0.2 0.3 83

84 Nonofficial foreign currencies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 84

85 Debt securities (corporate bonds) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 85

86 Equity and investment fund shares 1.1 1.5 0.5 2.3 1.9 -0.7 0.8 -0.5 0.3 -0.1 86

87 Corporate equities 0.2 0.4 0.0 1.4 0.9 0.2 0.6 -0.2 0.3 -0.1 87

88 U.S. direct investment abroad 0.9 1.2 0.4 0.8 1.0 -0.9 0.2 -0.3 -0.0 -0.0 88

89 Changes in net worth due to nominal holding gains/losses ND ND ND ND ND 0.4 1.4 -1.8 1.5 1.5 89

 Changes in balance sheet account

90 Change in net worth (lines 12+65+89) ND ND ND ND ND -3.2 -2.5 -3.4 -0.8 -2.2 90

 Financial balance sheet account (end of period) (3)

91 Total financial assets 27.4 30.1 30.2 33.9 38.6 40.5 45.1 45.4 50.6 59.6 91

92 SDR allocations 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 92

93 Currency and deposits 6.2 6.6 6.6 7.5 6.8 7.9 9.1 9.6 11.0 17.5 93

94 Currency 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 3.8 94

95 Transferable deposits 1.5 1.8 2.1 2.0 2.1 2.1 3.1 3.2 3.5 4.5 95

96 Time deposits 2.8 2.7 2.5 3.4 2.6 2.9 2.9 3.4 4.3 5.5 96

97 Net interbank items due from U.S. banks 1.8 2.2 2.0 2.1 2.1 3.0 3.1 3.0 3.2 3.7 97

98 Debt securities 6.7 7.3 7.5 7.5 11.7 12.6 13.1 14.8 15.9 16.9 98

99 Open market paper 0.4 0.7 1.0 0.8 0.8 1.3 1.4 1.4 1.4 1.6 99

100 Treasury securities 5.8 6.1 5.9 6.0 10.4 10.7 11.0 12.4 13.0 13.3 100

101 Agency- and GSE-backed securities (1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.3 0.7 1.0 101

102 Municipal securities 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 102

103 Corporate bonds 0.4 0.5 0.6 0.6 0.6 0.7 0.7 0.7 0.8 1.0 103
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104 Loans (short term) 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 104

105 Security repurchases (net) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 105

106 Loans to U.S. corporate business 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 106

107 Security credit 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 107

108 Equity and investment fund shares 11.7 12.4 11.8 14.4 16.0 16.2 19.1 17.9 20.3 22.0 108

109 Money market fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 109

110 Corporate equities 6.6 7.0 6.1 8.3 9.4 9.3 11.8 10.3 12.5 13.8 110

111 Mutual fund shares 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 111

112 Foreign direct investment in the United States 5.1 5.5 5.7 6.1 6.6 6.9 7.3 7.6 7.8 8.1 112

113 Other accounts receivable 2.8 3.7 4.3 4.3 3.9 3.6 3.8 2.9 3.3 3.1 113

114 Trade receivables 0.4 0.5 0.6 0.5 0.7 0.8 1.0 1.1 1.5 1.8 114

115 Other (miscellaneous assets) 2.5 3.2 3.7 3.8 3.3 2.8 2.7 1.8 1.8 1.2 115

116 Total liabilities and net worth ND ND ND ND ND 40.5 45.1 45.4 50.6 59.6 116

117 Total liabilities 44.5 50.4 55.0 59.7 63.9 69.0 76.1 79.7 85.8 97.0 117

118 SDR holdings 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 118

119 Currency and deposits 2.0 3.2 4.2 4.5 4.5 4.6 5.2 5.4 5.9 6.2 119

120 Official foreign currencies 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.2 0.4 120

121 Reserve position in IMF (net) 1.0 1.6 2.0 2.0 2.0 1.6 1.7 1.1 1.0 0.8 121

122 U.S. private deposits 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.8 0.7 1.1 122

123 Nonofficial foreign currencies 0.9 1.4 2.1 2.4 2.4 2.9 3.2 3.4 3.9 3.9 123

124 Debt securities 3.1 3.4 3.8 4.7 5.2 5.8 6.2 7.2 8.2 8.7 124

125 Commercial paper 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 125

126 Bonds 3.1 3.4 3.8 4.7 5.2 5.8 6.2 7.2 8.2 8.7 126

127 Loans (short term) 13.4 14.0 14.8 15.8 16.3 17.5 19.3 20.4 22.7 26.4 127

128 Other loans and advances 11.9 12.1 12.6 13.1 13.3 14.4 15.5 16.1 17.8 19.8 128

129 Depository institution loans n.e.c. 1.4 1.8 2.1 2.6 2.9 3.0 3.7 4.2 4.8 6.5 129

130 Security debt 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 130

131 Nonoff. foreign currencies (swap lines) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 131

132 Equity and investment fund shares 22.5 25.8 28.3 31.2 34.2 36.7 40.6 43.1 47.1 51.0 132

133 Corporate equities 2.4 2.6 2.2 3.1 3.7 4.0 4.9 4.7 5.1 5.3 133

134 U.S. government equity in IBRD, etc. 0.6 0.7 0.7 0.7 0.7 0.8 1.0 1.1 1.2 1.2 134

135 U.S. direct investment abroad 19.4 22.5 25.4 27.4 29.8 31.9 34.7 37.3 40.7 44.5 135

136 Investment by holding companies 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 136

137 Other accounts payable ND ND ND ND ND 4.4 4.7 3.6 2.0 4.7 137

138 Trade payables 0.6 0.7 0.8 0.8 0.9 1.6 1.7 2.2 1.8 2.6 138

139 Other (miscellaneous liabilities) 2.9 3.3 3.1 2.6 2.8 2.8 3.0 1.4 0.2 2.1 139

140 Net worth (external account) ND ND ND ND ND -28.5 -31.0 -34.4 -35.2 -37.4 140

(1) Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System,

the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.

(2) The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy

reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.

(3) Excludes nonfinancial assets, including nonproduced nonfinancial assets.

IBRD International Bank for Reconstruction and Development

IMF International Monetary Fund

SDRs Special Drawing Rights

n.e.c. Not elsewhere classified