Observations

Q2 2025: 151,843

Updated: Sep 11, 2025 3:22 PM CDT

Units:

Millions of Dollars,

Not Seasonally Adjusted

Frequency:

Quarterly

Notes

Title	Release Dates

State and Local Governments; Total Liabilities and Net Worth (IMA), Transactions	2024-09-12	2025-09-11

Source

Board of Governors of the Federal Reserve System (US)	2024-09-12	2025-09-11

Release

Z.1 Financial Accounts of the United States	2024-09-12	2025-09-11

Units

Millions of Dollars	2024-09-12	2025-09-11

Frequency

Quarterly	2024-09-12	2025-09-11

Seasonal Adjustment

Not Seasonally Adjusted	2024-09-12	2025-09-11

Notes

Source ID: FU212100005.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=FU212100005&t=) provided by the source.	2024-09-12	2025-09-11

State and Local Governments; Total Liabilities and Net Worth (IMA), Transactions (BOGZ1FU212100005Q)