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Home > Releases > Z.1 Financial Accounts of the United States > State and Local Governments; Net Saving Including Net Capital Transfers Paid, Transactions

State and Local Governments; Net Saving Including Net Capital Transfers Paid, Transactions (BOGZ1FA206006005Q)

Observations

Q4 2025: -252,829
Updated: Mar 19, 2026 11:15 AM CDT
Q4 2025:  -252,829  
Q3 2025:  -242,189  
Q2 2025:  -188,572  
Q1 2025:  -184,566  
Q4 2024:  -167,152  

Units:

Millions of U.S. Dollars,
Seasonally Adjusted Annual Rate

Frequency:

Quarterly,
End of Period

Fullscreen

Notes

Title Release Dates
State and local governments; net saving including net capital transfers paid, Flow 2019-03-07 2020-03-11
State and Local Governments; Net Saving Including Net Capital Transfers Paid, Flow 2020-03-12 2020-09-20
State and Local Governments; Net Saving Including Net Capital Transfers Paid, Transactions 2020-09-21 2026-03-19
 
Source    
Board of Governors of the Federal Reserve System (US) 2019-03-07 2026-03-19
 
Release    
Z.1 Financial Accounts of the United States 2019-03-07 2026-03-19
 
Units    
Millions of Dollars 2019-03-07 2026-01-08
Millions of U.S. Dollars 2026-01-09 2026-03-19
 
Frequency    
Quarterly 2019-03-07 2026-01-08
Quarterly, End of Period 2026-01-09 2026-03-19
 
Seasonal Adjustment    
Seasonally Adjusted 2019-03-07 2020-09-20
Seasonally Adjusted Annual Rate 2020-09-21 2026-03-19
 
Notes    
Source ID: FA206006005.Q

For more information about the Flow of Funds tables, see: https://www.federalreserve.gov/apps/fof/Default.aspx

For a detailed description, including how this series is constructed, see: https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FA206006005&t=

2019-03-07 2019-12-11
Source ID: FA206006005.Q

For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx).

With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx).

In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FA206006005&t=) provided by the source.

2019-12-12 2020-09-20
Source ID: FA216006005.Q

For more information about the Flow of Funds tables, see the Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx).

With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx).

In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FA216006005&t=) provided by the source.

2020-09-21 2026-01-08
Financial Accounts Guide (https://www.federalreserve.gov/apps/fof/Default.aspx).
With each quarterly release, the source may make major data and structural revisions to the series and tables. These changes are available in the Release Highlights (https://www.federalreserve.gov/apps/fof/FOFHighlight.aspx).
In the Financial Accounts, the source identifies each series by a string of patterned letters and numbers. For a detailed description, including how this series is constructed, see the series analyzer (https://www.federalreserve.gov/apps/fof/SeriesAnalyzer.aspx?s=FA216006005&t=) provided by the source.



 2026-01-09 2026-03-19

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Capital Transfers Paid Savings State & Local Capital Transactions Net Z.1 US Financial Accounts Government Board of Governors Quarterly Seasonally Adjusted Nation Public Domain: Citation Requested United States of America