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Z.l
August 1983
Flow of Funds
1983: Q2
Flow of Funds Accounts,
Second Quarter 1983
Seasonally Adjusted and Unadjusted
A nnual Revisions
Board of Governors of the Federal Reserve System, Washington, D.C. 20551
CONTENTS
PAGE
iv,v
Credit Aggregate Growth Rates
SUMMARY TABLES
1
2
4
Income and Product Distribution
Funds Raised in Credit Markets
Credit Market Supply of Funds
SECTOR TABLES
6
8
10
12
14
16
18
20
22
24
26
Households
Total Nonfinancial Business
Noncorporate Business
Nonfinancial Corporate Business
State+Local Governments
Foreign
U.S. Government + Credit Agencies
Banking System
Commercial Banking Subsectors
Nonbank Finance Summary
Savings Institutions
Insurance + Pension Funds
Finance N.E.C.
TRANSACTION TABLES
28
30
32
34
36,38
40
42
44
46,48
50
52
54
Monetary and Insurance Reserves
Interbank Claims
Deposit Claims
U.S. Government Securities
Private Securities
Mortgages
Consumer Credit and Bank Loans N.E.C.
Open Market Paper
Other Loans
Security Credit, Trade Credit, and Taxes
Miscellaneous
Total Claims
Savings By Individuals
Discrepancies
FLOW REVISIONS FROM MAY
56
57
58
59
60
Funds Raised in Credit Markets
Credit Market Supply of Funds
Households
Nonfinancial Corporate Business
Total Claims
YEAR-END OUTSTANDINGS
61
62
63
64
65
Credit Market Debt
Credit Market Supply of Funds
Households
Nonfinancial Corporate Business
Total Claims
66
PERSONAL TRUSTS & ESTATES ADMINISTERED BY BANKS
Flow of Funds Accounts
Second Quarter 1983
Credit aggregates. Growth rates for total nonfinancial debt
appear in a table immediately following this preface that also gives figures
for principal components of debt and related aggregates. The second-quarter
increase of 12.3 per cent (annual rate) was considerably larger than recently,
but in part this reflected Federal, state, and local government borrowing that
was well beyond current financing requirements. The U.S. Treasury cash balance
rose a large amount during the quarter, and state and local government bond
issues for advance refunding purposes and ahead of mandatory registration
requirements were accompanied by a sizable asset accumulation.
Growth rates in the table are calculated by dividing the net
flow of credit, at seasonally adjusted annual rates, by the outstanding level
of debt at the beginning of the period. Quarterly levels used as the base
for the calculation are year-end levels incremented through the year by
seasonally adjusted flows (at quarterly rates) with allowance for statistical
discontinuities that exist in the data. The table includes recent quarterly
outstandings calculated in this fashion.
Annual revisions. This publication reflects the full recalcula
tion of accounts that normally appears each year at this time.
It includes
income and product revisions for 1980-82 published by the Commerce Department
in July and balance of payments revisions for 1979-82 published by Commerce
in June.
It also reflects corporate working capital reestimated from a 1980
benchmark, the Census Bureau’s 1981 Survey of Governmental Finances, and 1982
benchmarks for insurance companies. Seasonal adjustments have been recalcula
ted for 1977-82 using the additional year’s data for 1982.
tables.
Only a very few changes in account structure appear in these
The most important are:
(1)
In September 1982 the Federal Home Loan Bank Board began
deducting mortgage loans in process from savings and loan
association assets and liabilities, and this new procedure
is introduced in these accounts for the full period since
1945. Loans in process are an accounting artifact that
does not affect nonfinancial debt totals, but the change
here reduces totals in mortgage tables as well as in thrift
institution accounts.
(2)
The Student Loan Marketing Association (SLMA or Sallie Mae)
is shifted with this publication from the U.S. Government
account to the Federally sponsored credit agency group.
- i -
SLMA had existed for several years as a sponsored agency
but it did no public financing, separate from Treasury
funds, until late 1981, and until then a consolidation
with the U.S. Government was the most simple procedure.
The sponsored-agency sector now has student loans as
assets, larger totals of debt to the public and to the U.S.
Government and miscellaneous increases in other items such
as liquidity.
Preliminary estimates. Figures shown for the most recent quarter
in these tables are based on preliminary and incomplete information and are
therefore only tentative. At the end of this preface is a list of the
principle sources of information that were available in putting together
the quarter on this preliminary basis, and the significance of individual
items in the tables should be judged on the basis of the list. The list is
summary in form and is by no means a complete statement of sources of data
or of derivation methods.
Because much of the source information consists
of sector balance sheets or statements of activity, the list is organized
mainly in terms of sectors. For nonfinancial activity included in the
accounts, however, such as sector income and capital outlays, the Commerce
Department’s income and product accounts are the principal source, and this
part of the system is included separately at the beginning of the list.
The items that are shown as available are in general also
preliminary in the sense that they are subject to revision once a year on
the basis of benchmark data.
“Available” for them means that the basic
quarterly estimates for them have been completed in a form that will usually
stand until the next annual revision. Virtually all quarterly data sources
are compiled within five or six months of the end of the quarter, and the
distinction between the two columns is not between final and preliminary
versions of data but rather between those source estimates that are fully
ready when the first quarterly estimate is put together and those that are
not yet completed.
Availability. This publication is part of quarterly series that
is usually available at the middle of the second month following the last
quarter reported and that is distributed to a mailing list. The process of
printing and mailing causes delays of up to two weeks or more from the time
the estimates are completed, and to facilitate earlier access in the meantime
copies of the computer printouts are distributed to Federal Reserve Bank
information offices for use by the public.
The current quarterly tables are an extension of a body of data
that begins in 1946 in annual form and in 1952 quarterly. Annual-total flows
and year-end outstandings were most recently published in Flow of Funds
Accounts 1949-78 (December 1979). That publication is superceded, however,
by the historical revisions that first appeared in the August 1981 publication
in this quarterly series, and a replacement volume will appear in the near
future. Meanwhile, quarterly data are available in computer data tape form
for the complete set of accounts or in specific printings of selected tables
- ii -
on request. A complete set of tables on levels, or stocks, of financial claims
will be published soon.
Requests and inquiries about the data, historical tabulations and
computer tapes of the data should be addressed to:
Flow of Funds Section
Room B-5100, Stop 95
Board of Governors of the
Federal Reserve System
20th and Constitution Ave.
Washington, D. C. 20551
(202) 452-3482.
- iii
September 6, 1983
DEBT GROWTH RITES
DEBT GROWTH RATES
GROWTH RATES OF MAJOR DEBT AGGREGATES
(BILLIONS CF DCLLARS)
TOTAL
DOMESTIC NCNFINANCIAL---------------------STATE 6
PVT.
HOUSE- NONFIN.
LOCAL
U.S.
HOLDS BUSINESS GOVTS.
NONFIN.
GOVT.
FOREIGN
NONFINAN
CIAL
FINAN
CIAL
ALL
SECTOBS
PRIVATE
FINANCIAL
ASSETS
ANNUAL CHANGE (PER CENT)
1967
1968
1969
7.3
8.3
6.9
4.9
4.9
- 1.3
8.0
9.4
9.4
5.8
8.4
8.2
10.7
10.7
1 1.0
7.3
8.4
8.4
8.8
7.4
7.5
7.3
8.2
7.0
-2.7
15.4
35.4
6.8
8.6
8.5
7.5
8.7
5.5
1970
1971
1972
1973
6.9
9.6
10. 3
10.8
4. 1
8.3
4.6
2.4
7.7
10.0
11.7
12.9
5.5
9.3
12.3
13. 1
9.8
10. 1
12. 1
14.3
8.2
11.9
8.7
7.3
5.0
9.3
9.3
10.5
6.9
9.6
10.2
10.8
13.5
8.9
19.2
30.9
7.3
9.6
10.9
12.4
6.9
9.6
12.0
11.9
1974
1975
1976
1977
9. 1
9.2
10. 6
12.7
3.4
23.7
15.5
1 1.0
10.4
6.2
9.5
13. 1
8.0
7.2
11.5
16.0
13.3
5.2
8.3
12. 1
8.0
6.6
6.8
6.5
22.4
14.2
21.2
12.2
9.6
9.4
11.0
12.6
20.1
3.1
8.8
17.5
10.5
8.8
10.8
13. 1
9.0
10. 1
10.8
10.4
1978
1979
1980
k 1981
13.0
12.0
9.5
9.5
9.4
6.0
1 1.9
1 1.8
13.9
13.4
9.0
9.0
16.9
15.0
8.7
8. 1
12.5
13.2
9.7
11.2
7.5
7.5
6.9
3.1
27.2
12.5
14.9
1X0
13.6
12.0
9.8
9.7
24.3
21.6
13.6
16.2
14.6
13.0
10.2
10.4
11.2
12.0
10. 1
,11.1
1982
9.2
19.4
6.7
5.4
7. 1
11.2
6.6
9.0
11.3
9.3
9.1
QUARTERLY GROWTH RATES
(SAAR)
1981
I
II
III
IV
9.5
10. 1
8.5
8.8
14.0
9.4
5.8
16. 1
8.4
10.3
9. 1
7. 1
9.0
9.7
8. 1
4.8
8.8
12.8
11.6
10.0
4.0
1.8
2.2
4.2
14.3
15.6
10.3
9.4
9.7
10.4
8.5
8.8
12.2
20.3
21.9
6.9
10.0
11.5
10. 1
8.6
11.0
10.5
10.6
10.5
1982
I
II
III
IV
7.7
8.7
9.8
9. 3
1 1.5
13.8
23.4
24.0
6.8
7.4
6.5
5.5
4.7
6.2
4.8
5.7
9. 1
7.6
7.8
3.2
5.6
12.4
9.0
16.3
4.9
6.6
5.5
11.6
7.5
8.6
9.6
9.4
12.0
16.7
5.9
8.8
8. 1
9.6
9.2
9.3
7.1
8.7
9.4
10.0
1983
I
II
8.9
12.3
19.8
25.4
6.0
8.7
7.5
10.8
4.0
4.5
8.0
18.2
7.0
8.5
8.8
12. 1
11.8
8.8
9.2
1 1.7
9.5
11.2
- iv
September 6, 1983
DEBT GROWTH BATES
DEBT GRCHTH RATES
GROWTH RATES Of MAJOR DEBT AGGREGATES
(BILLIONS OF DOLLARS)
--------------------------DOMESTIC NONFINANCIAL---------------------STATE &
U-S.
PVT.
HOUSE- NONFINLOCAL
TOTAL
GOVT.
NONFIN.
HOLDS BUSINESS GOVTS.
NON-.
FINANFORE IGN
CXAL
FINANALL
C2AL SECTORS
PRIVATE
FINANCIAL
ASSETS
YEAR-END OUTSTANDINGS
1966
1967
1968
1969
1970
1079.0
1 157.2
1252.5
1339.5
1432.3
266. 1
279. 1
292.6
289.0
30C.8
812.9
878. 1
959.9
1050.5
1131.5
367.3
388.5
421.3
455.9
481.0
336.3
372.4
41 1.3
456.7
501.3
109.3
117.3
127.2
137.9
149.2
38.6
41.9
45.0
48.3
50.6
1117.5
1199.1
1297.5
1387.8
1482.9
6S.8
64.0
73.9
100.5
114.1
1183.3
1263.1
1371.3
1488.3
1597.0
759.9
816.8
887.4
937.3
1002.1
1971
1972
1973
1974
1975
1569. 9
1730.9
1919.1
2094.2
2288.8
32 5.7
34 0.8
349. 1
360.8
446.3
1244.2
1390.1
1570.1
1733.4
1842.6
526.2
591.0
670.5
724.2
776- 1
551. 1
617.8
705.9
800.0
843.5
166.9
181.4
193.7
209.2
222.9
54.8
60.6
67.0
79.8
91.2
1624.7
1791-6
1986.2
2174.0
2380.0
124.2
148.2
194.0
232.6
239.9
1748.9
1939.8
2180.2
2406.7
2619.9
1098.4
1228.6
1374.3
1500.2
1652.2
1976
1977
1978
1979
1980
2532.6
2854. 1
3218. 1
3604.2
3946.9
515.8
572.5
626.2
66 3.6
742.8
2016.9
2281.5
2591.9
2940.7
3204.1
866.5
1004.1
1171.8
1348.9
1468.8
912.2
1023.9
1 147.3
1298.5
1421.7
238.2
253.6
272-7
293.2
313.6
110.6
123.9
161.9
182.5
209.6
2643.2
2978.0
3380.0
3786.7
4 156.4
261. 1
307. 1
381.6
465.3
528.6
2904.3
3285.0
3761.6
4252.0
4685.1
1830.7
2020.5
2245.5
2516.5
2775.0
QUARTERLY OUTSTANDINGS
1981 — 1
II
III
IV
4040.1
4 142.5
4230. 0
4323.8
76 8.7
786.7
798. 1
830. 1
3271.4
3355.8
3432.0
3 493.7
1502.0
1538.4
1569.4
1594.2
1452.7
1499.3
1542.7
1576.3
316.7
318. 1
319.9
323.2
217.3
225.8
231.6
237. 1
4257.4
4368.3
4461.6
4560.9
544.8
572.4
603.7
614.0
4802.2
4940.6
5065.3
5175.0
2851.7
2926.3
3003.7
3084.9
1982 — I
II
III
IV
4406.1
4501.6
4605.8
4710. 1
854.0
883.6
93 5.2
99 1.4
3552.1
3618.0
3670.5
3718.7
1612.8
1637.8
1653.2
167 4.4
161 1.6
1642.3
1671.8
1684.8
327.8
337.9
345.5
359.6
211.6
215. 1
218. 1
226.7
4617.7
4716.7
4823.8
4936.8
632.5
658.9
668.7
686.8
5250.2
5375.6
5492.5
5623.6
3130.5
3198.6
3275.5
3364.1
1983 -- I
II
4 61 4. 8
4962.6
1040.4
1 106.5
3774.4
3856.1
1705. 8
1751.7
1701.8
1720.9
366.8
383.5
230.6
235.5
5045.4
5198.1
707.2
722.8
5752.6
5920.9
3444.1
3540.7
v
Information Status for Preliminary Estimates
NONFINANCIAL—
1.
National income and product
accounts
Major items missing
Available
Second quarterly estimate, seasonally
adj us ted
Seasonally unadjusted data.
FINANCIAL—
2.
Households
Estimates
for other
sectors.
available
3•
Farms
Bank loans. For sponsored agency
loans, see item 9 below.
U.S. Government loans.
below.
4.
Nonfarm noncorporate business
Bank and finance company loans,
mortgage borrowing, open-market
paper
Net trade debt
5.
Nonfinancial corporate business
For preceding quarter: working
capital, net security Issues,
foreign direct investment. For
current quarter: gross security
offerings, mortgages, bank loans,
open-market paper, finance company
loans•
Working capital, foreign direct
investment, U.S. Government loans
6.
State and local governments
Gross security offerings, deposits
at banks, two months of quarter
for Government security holdings
Security retirements, last month
of quarter for holdings for
Government securities
7.
Rest of the world (U.S.
(International Transactions)
Preceding quarter complete except
reports by U.S. nonbanking concerns.
Current quarter for bank-reported
capital movements.
Direct investment flows for current
quarter and claims and liabilities of
U.S. nonbanking concerns for two
quarters•
for this sector are almost entirely residual and derived from data
sectors. Availability is thus dependent on schedules for other
Principal types of borrowing—mortgages and consumer credit—are
in time for first quarterly estimates.
- vi -
See item 9
FINANCIAL-U.S. Government
Major items missing
Available
Monthly Treasury Statement of Receipts
and Outlays for last month of quarter,
Federal Financing Bank Statement
Loans outstanding except at Federal
Financing Bank
Sponsored credit agencies
Balance sheets for FNMA, Home Loan
Banks, Farm Credit Administration
securities outstanding. FCA loans
for most recent June or December
FCA loans for March and September
10.
Mortgage pools
Complete
None
11.
Monetary authorities
Complete
None
12.
Banking
All-bank totals for preceding quarter,
current-quarter indicators for banking
and monetary estimates through last
month of current quarter.
Recent all-bank totals.
13.
Savings and loan associations
Last month of quarter on summary
monthly basis
Detailed balance sheets and liquidity
statements
14.
Mutual savings banks
Two months of quarter
Last month of quarter
15.
Credit unions
Deposit flows and consumer credit
Other assets
16.
Life insurance companies
Two months of quarter
Last month
17.
Private Pension Funds
Third quarter 1981
Later quarters
18.
State and local government
retirement system
Preceding quarter
Current quarter
19.
Other insurance companies
Preceding quarter
Current quarter
8.
9.
- vi i
FINANCIAL—
Available
Major items missing
20.
Finance companies
Complete
None
21.
REIT’s
Preceding quarter
Current quarter
22.
Investment companies and
money market funds
Complete
None
23.
Security brokers and dealers
Borrowings
Assets
- vi i i
AUGUST 31, 1983
Incoae and Product Distribution
Incone and Product Distribution
Inconn and Product Accounts:
GBP Expenditures and Gross Saving
SEASONAL!! ADJUSTED ANNUAL BATES
1978
1979
1980
SEASONALLY ADJUSTED AHHUAL RATES
198 1
1982
1
I
1982
II
I
III
IT
1
1
1983
I
II
2163.9
2417.8
2631.7
2954.1
3073.0
3021.4
3070.2
3090.7
3109.6
3171.5
3269.9 Total GVP
1
2
3
H
5
6
1778.4
1346.5
200.2
278.3
153.6
1981.5
1507.2
213.4
306.0
168.3
2205.9
1668. 1
214.7
340.8
197.0
2452.9
1857.2
236. 1
366.5
229.2
2641.1
1991.9
244.5
390.5
258.7
2568. 7
1938.9
239.4
380.0
249.7
2604.4
1972.8
242.9
387.5
244.1
2664.5
2008.8
243.4
394.0
261.7
2726.6
2046.9
252.1
400.5
279.2
2750.5
2073.0
258.5
404.0
273.5
2830.5 Current outlays
Households
2148.4
278.0
Of which consuaer durables
State and local governnents
409.4
272.7
U.S. Governaent
2
3
4
5
6
7
8
9
10
11
12
13
386.6
360. 1
111.2
4.5
89.7
87.1
1.7
423.0
408.8
118.6
5.0
91.3
91.1
1.7
401.9
411.7
102.9
4.5
75.0
75.2
1.8
474.9
456.5
104.3
4.9
74.6
76.9
1.3
414.5
439. 1
90.8
4.8
61.6
59.0
1.5
422.9
448.6
87.3
4.7
58.7
59.7
.9
432.5
443.7
91.0
5.1
62.8
60.4
1.6
425.3
430.2
87.9
4.7
61.0
57.7
1.3
377.4
433.8
96.8
4.7
67.9
62.1
2.3
404. 1
443.5
111.3
5.6
79.3
67.5
1.3
7
8
9
10
11
12
13
14
15
16
.9
.4
.4
-1.5
-.8
-.8
-2.0
-1.0
-1.0
-3.6
-1.8
-1.8
1.1
.5
.5
-1.9
-1.0
-1.0
.8
.4
.4
2.0
1.0
1.0
3.5
1.7
1.7
10.6
5.3
5.3
451.7 Gross donestic investnent
463.6
Private fixed investnent
127.7
Residential construction
Bobile hones
5.8
1-4 Panily structures
95.1
Household purchases
82.0
1.5
farn
Change in work in
process on nonfarn
11.6
noncorporate
5.8
Corporate
5.8
17
18
19
20
21
17.0
7.6
7.3
2.0
-
22.3
14.8
4.9
2.6
23.4
17.0
3.9
2.5
-
24.8
14.8
7.4
2.6
-
24.3
13.2
8.7
2.3
.1
23-9
13.6
7.8
2.3
.1
23.2
12.9
8.0
2.2
.1
22.3
12.9
7.0
2.3
.1
24. 1
13.5
8.0
2.5
.1
26.4
14.0
9.4
2.8
.1
26.9
14.4
9.4
3.0
.1
22
23
24
25
26
27
248.9
6.6
17.6
39.4
11.5
173.7
290.2
7.3
19.9
45-5
13.7
203.9
308.8
8.6
18.7
50.0
13.7
217.8
352.2
9.8
18.4
61.9
16.0
246.2
348.3
10.9
16.0
62.5
17.1
241.8
361.3
10.5
15.5
63.7
16.6
254.9
352.7
10.9
15.8
63.5
16.8
245.6
342.3
11. 1
15.8
62.7
17.2
235.5
337.0
11.1
16.9
59.8
17.8
231.4
332.1
11.2
15.1
58.9
18.4
228.5
335.9
11.3
16.4
54.5
18.9
234.8
28
29
30
31
32
26.5
1.1
25.4
2.0
23.4
14.3
5.7
8.6
-.4
9.0
-9.8
-5.3
-4.5
-1.3
-3.2
18.5
7.6
10.9
1.2
9.7
-24.5
-1.4
-23. 1
-1.8
-21.3
-25.7
1.9
-27.6
-4.7
-22.9
-11.2
-2.4
-8.8
2.4
-11.3
-4.9
-2.6
-2.3
-.5
-1.9
-56.4
-2.7
-53.7
-4.6
-49. 1
-39.4
-.4
-39.0
-1.9
-37.0
-11.9
-1.5
-10.4
-.6
-9.8
33
34
35
-1. 1
218.7
219.8
13.2
281.4
268.1
23.9
338.8
314.8
26.3
368.8
342.5
17.4
347.6
330.2
29.9
358.4
328.5
33.3
364.5
331.2
.9
346.0
345.0
5.6
321.6
316.1
17.0
326.9
309.9
-12.3 Bet exports
Exports
322.8
335.1 - Inports
36
37
38
1474.0
89.4
6.1
1650.2
96.7
5.9
1828.9
110.2
6.0
2047.6
135.3
6.6
2176.5
125.4
5.8
2127.9
130.8
6. 1
2159.0
127. 1
5.9
2191.5
123.0
5.6
2227.8
120.8
5.4
2255.9
121.7
5.4
2303.0 Disposable personal incoae
92.3 Personal saving
4.0 Saving rate (per cent)
39
40
-29.5
30-3
-16.1
30.4
-61.2
30.6
-62.2
35.3
-147.1
31.3
-108.5
28.8
-113.2
32.0
-158.3
31.3
-208.2
32.9
-183.3
40.4
39
-163.6 Federal governnent surplus
51.6 St. * local governnent surplus 40
41
42
43
44
45
229.1
.9
19.7
31.0
177.5
252.7
.9
30.6
30.3
190.9
234.6
.4
29.9
26.9
177.4
227.0
.4
23.7
20.3
182.6
174-2
.1
21.8
20.9
131.4
173.2
.2
20.7
15.5
136.9
178.8
.1
21.7
20.4
136.5
177.3
.1
20.7
22.2
134.4
167.5
•
24. 1
25.5
117.9
46
47
48
49
83.2
.3
16.4
66.6
87.6
.3
18.4
68.9
84.8
.3
17.8
66.7
82.8
.3
17.3
65.3
59.2
-.1
17.9
41.3
60.3
-. 1
14.7
45.7
61.4
-.1
17.8
43.7
60.8
-.1
18.8
42.1
54.0
-.1
20.4
33.6
61.5
-.1
19.7
41.9
75.0
50
51
52
53
54
55
47.0
.2
-1.2
48.0
37.5
10.5
52.7
.2
-2.2
54.7
39.5
15.1
58.6
.2
-3.3
61.7
43.5
18.2
64.7
.2
-3.2
67.6
53.3
14.4
68.7
.2
-2.7
71.1
56.9
14.2
67.7
.2
-3.0
70.4
54.9
15-5
67.8
.2
-2.3
70.0
55.4
14.5
68.8
.2
-3. 1
71.6
58.3
13.3
70.4
.2
-2.5
72.6
59.0
13.6
56
57
58
59
60
61
62
98.9
.5
15.9
9.2
73.3
62.8
10.5
112.4
.3
14.2
15-5
82.4
67.3
15. 1
91.2
-. 1
12.5
11.7
67.2
49.0
18.2
79.5
-. 1
6.2
9.3
64. 1
49.7
14.4
46.4
-.1
5.7
7.6
33.2
19.0
14.2
45.2
3.8
5.2
36.2
20-7
15.5
49.5
-.1
5.0
7.2
37.4
22.9
14.5
47.7
-. 1
6.4
7.4
34.0
20.7
13.3
63
64
65
66
-12.7
-.2
-.4
-12.1
-14.8
-.2
-.8
-13.7
-16.3
-.3
-1.7
-14.3
-11.0
-.3
-1.9
-8.8
-1. 1
.1
-1.9
.8
-5-6
-1-9
-3.7
-3.5
•
-1.9
-1.6
67
68
69
70
71
72
73
74
75
222.4
33.5
5.5
12.6
33.2
137.6
6.7
1.6
129.2
256.0
39.1
6.3
14.4
38.7
157.5
7.9
1.9
147.7
293.2
44. 1
7.2
16.4
46.2
179.3
9.3
2.2
167.8
329.5
48.3
7.8
18.2
52.3
202.9
10.7
2.5
189.7
359.2
50.9
8.3
19.2
58.7
222.0
12. 1
2.7
207.3
349.3
49.7
8.1
18.8
57. 1
215.6
11.5
2.6
201.5
76
77
143.5
366.0
160.9
417.0
182.0
475. 1
196.4
525.9
209.2
568.4
78
-2.5
-1.5
2.3
-4.9
.5
79
80
36.3
14.9
34.7
15.4
.
36. 1
15.5
36.5
15.9
34.0
15.6
Hulti-fanily units
Households (1)
noncorporate business
nonfin. corp, business
Reits
Bonres. plant * eguipnent
nonprofit inst. (HH)
Earn
lonfarn noncorp. bus.
financial corporations
Bonfin. corp, business
Inventories
farn
Bonfara
noncorporate
Corporate
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
Corporate profits, taxes, and dividends:
169.7
199. 1
Profits - total
*
Earns
-3
18.7
Foreign
20.2
Financial corporations
33.7
29.8
Nonfin. corporate business
146.4
119.6
41
42
43
44
45
20.9
54. 1
Tax accruals - total
Earns
Financial corporations
Nonfin. corporate business
46
47
48
49
71.4
.2
-2.8
73.9
63. 1
10.8
72.0
.3
-2.8
74.5
60.2
14.3
Dividends - total
Fams
Financial corporations
Honfin. corporate business
Vet dividends paid
♦ Bet fgn. div. received
50
51
52
53
54
55
43-1
-.1
7.5
10.5
25.2
11.6
13.6
36.7
-. 1
12.9
9.4
14.6
3.8
10.8
52. 1
*
15.6
4.4
32. 1
17.8
14.3
Undist. profits - total
Earns
Financial corporations
Foreign
Nonfin. corporate business
Doaestic undist. prof.
♦ Bet fgn. div. received
56
57
58
59
60
61
62
.1
.1
-2.0
2.0
4.7
.2
-2.0
6.5
13.9
.1
-2.0
15.8
25.4
.1
-1.8
27.0
Cap. cons, adjust. - total
Fams
Financial corporations
Nonfin. corporate business
63
64
65
66
356.1
49.9
8.2
19.0
58.8
220.2
11.8
2.6
205.7
363.0
51.0
8.4
19.3
59.8
224.5
12.2
2.7
209.6
368.3
53.0
8.7
19.8
59. 1
227.7
12.6
2.8
212.4
370.8
54.7
8.9
19.7
59.3
228.3
13.0
2.8
212.6
373.1 Total capital consunption
Owner-occupied hones (HH)
56.2
Nonprofit institutions (HH)
9.1
Earn noncorporate
19.8
Nonfarn noncorp, business
57.9
Total corporate
230.0
Financial business
13.2
Corporate fams
2.8
Nonfin. corporate business
214. 1
67
68
69
70
71
72
73
74
75
203.9
553.2
206.1
562.2
210.3
573.3
216.5
584.8
222.1
593.0
Heno: Cap. cons, on consumer
durables not included above 76
227.1
600.2 Tot. cap. cons. incl. durables 77
-6.6
1.7
2.5
4.2
-1.2
-5.3 Statistical discrepancy
78
34.3
15.4
32.2
15.4
36.2
15.1
37.7 Profit tax rate (per cent)
15.2 Personal tax rate (per cent)
79
80
V
34.8
15.8
34.4
15.8
V
(1) Purchases of condoniniun units.
BILLIONS OF DOLLARS.
14
15
16
11/83 BASED ON IHCOHPLETE IBFORHATIOH.
AUGUST 31, 1983
Funds Raised ia Credit Markets
Funds Raised in Credit Markets
Suaaary of Bet Funds Raised in Credit and Equity Markets
2
BNADJBSTBD BET FLOSS{$ BILL)
UNADJUSTED BET FLOWS{$ BILL)
1982
I
II
|
III
IT
|
1983
I
II
1973
BILLIOBS OF DOLLARS
1974
1975
1976
1977
Bet Credit Barket Borrowing by Bonfinanciai Sectors
1
Total net borrowing by donestic
nonfinancial sectors
71,818
84,161 121,889 117,463
2
3
4
B.S. Governaent
Treasury issues
Agency issues ♦ aortgages
32,680
33,304
-624
8,975
9,028
-53
57,643
57,715
-72
5
Private doaestic
nonfinancial sectors
61,965
62,088
-123
88,926 140,029
187.7
175.3
193-0
243.5
319.4
1
46,896
46,951
-55
8.3
7.9
.4
11.8
12.0
-.2
85.4
85.8
-.4
69.0
69.1
-. 1
56.8
57.6
-.9
2
3
4
55,641
55,620
21
39,138
75,186
64,246
55,498
33,285
93,133
179.4
163.5
107.6
174.5
262.6
5
6
7
8
9
10
11
12
13
Debt capital instruaents
Tax-exeapt obligations
Corporate bonds
Mortgages
Hone aortgages
Multi-faaily resid.
Coaaercial
Fara
26,275
4,988
1,733
19,554
11,603
1,374
4,397
2,180
38,713
14,954
3,031
20,728
11,894
642
6,625
1,567
40,142
12,698
5,936
21,508
17,750
-867
3,693
932
47,292
17,895
8,142
21,255
15,399
108
5,263
485
38,393
6,548
3,445
28,400
22,225
1,225
4,413
537
68,453
21,612
6,243
40,598
28,736
2,513
7,449
1,900
104.3
14.7
9.2
80.4
45.6
10.4
18.9
5.5
100.6
16.5
19.7
64.4
37.3
6.9
15.1
5.0
100.9
16. 1
27.2
57.6
42.0
*
11.0
4.6
123.6
15.7
22.8
85. 1
63.9
3.9
11.6
5.7
171. 1
21.9
22.9
126.3
94.0
7.1
18.1
7.1
6
7
8
9
10
11
12
13
14
15
16
17
18
Other debt instruaents
Consuaer credit
Bank loans n.e.c.
Open-narket paper
Other
12,863
-5,964
10,285
5,959
2,583
36,473
7,644
19,828
2,684
6,317
24,104
8,206
6,339 10,290
15,291
8,993
-1,303 -10,602
3,777
-475
-5,108
-2,651
-5,942
-226
3,711
24,680
12,835
7,708
-1,691
5,828
75.1
24.3
37.0
2.5
11.3
62.9
9.9
32.9
6.6
13.5
6.7
9.6
-10.4
-2.6
10. 1
50.9
25.4
4.5
4.0
16.9
91.6
40.2
27.1
2.9
21.3
14
15
16
17
18
19
20
21
22
23
24
25
By borrowing sector:
State*local governnents
Households
Bonfinanciai business
Fara
Nonfara noncorporate
Corporate
39,138
1,592
9,868
27,678
1,680
5,355
20,643
75,186
12,168
20,448
42,570
6,587
12,596
23,387
64,246
8,443
24,913
30,890
2,924
4,934
23,032
55,498
14,118
31,053
10,327
-2,164
6,879
5,612
33,285
4,194
19,704
9,387
157
4,803
4,427
93,133
18,829
43,077
31,227
3,570
13,578
14,079
179.4
13.2
77.7
88.5
9.9
29.8
48.8
163.5
15.5
53.9
94. 1
7.8
20.2
66. 1
107.6
13.7
52.1
41.8
8.5
12.5
20.9
174.5
15.2
89.5
69.8
10.2
15.4
44.2
262.6
15.4
137.3
110.0
12.3
28.0
69.7
19
20
21
22
23
24
25
26 Fgn. net borrowing in B.S.
27
Bonds
28
Bank loans n.e.c.
29
Open-narket paper
O.S. Governaent loans
30
1,126
780
-4,370
4,100
616
3,488
429
43
2,133
883
4,713
3,193
-1,062
130
2,452
6,345
2,207
-764
4,346
556
2,208
812
4,400
-4,195
1, 191
5,016
1,385
-117
2,328
1,420
6.3
1-0
2.8
.9
1.7
15.0
2. 1
4.0
7.3
1.6
11.3
6.2
2.0
.3
2.8
19.3
8.6
5.6
1.9
3.3
13.5
5.1
3. 1
2.4
3.0
26
27
28
29
30
31 Total doaestic plus foreign
72,944
91,134 145,045
194.0
190.3
204.4
262.8
87,649 126,602 123,808
332.9 31
Bet Credit Harket Borrowing by Financial Sectors
Total net borrowing
1 by financial sectors
10,505
31,937
12,214
14,619
10,680
22,491
45.8
39.0
7.3
21.0
45.8
1
2
3
4
5
0.S. Governaent-related
Sponsored credit ag. sec.
Mortgage pool securities
Loans fron O.S. Governaent
10,824
1,783
8,641
400
18,118
8,795
9,323
19,373
6,093
13,280
-
16,559
-1,729
18,288
15,518
-3,180
18,698
-
16,233
476
15,757
-
19.9
16.3
3.6
-
20.7
16.6
3.4
.7
10.3
2.3
7. 1
.9
14.3
2.5
12.2
-.4
22.0
7.0
16.1
-1. 1
2
3
4
5
Private financial sectors
Corporate bonds
Bortgages
Bank loans n.e.c.
Open-narket paper
Fed. Hone Loan Bank loans
-319
-848
30
1,784
-2,253
968
13,819
87
30
602
9,864
3,236
-7,159
1,246
29
-469
-6,209
-1,756
-1,940
1,786
29
1,287
-3,401
—1,641
-4,838
2,814
28
-1,620
-75
-5,985
6,258
3,297
28
-796
4,952
-1,223
25.9
4.4
.3
9.0
4.9
7.2
18.3
3. 1
.2
4.6
3.8
6.7
-3.0
3.2
.4
-3.7
1.1
-4.0
6.7
9.8
.4
-3.7
2.2
-2.0
23.8 6
10. 1 7
* 8
-.3 9
9.6 10
4-3 11
12 Total, by sector
13
Sponsored credit agencies
14
Mortgage pools
10,505
2,183
8,641
31,937
8,795
9,323
12,214
6,093
13,280
14,619
-1,729
18,288
10,680
-3,180
18,698
22,491
476
15,757
45.8
16.3
3.6
39.0
17.3
3.4
7.3
3.2
7. 1
21.0
2.1
12.2
45.8 12
5.9 13
16.1 14
15
16
17
18
19
20
-319
-28
1,658
1,090
-3,053
14
13,819
103
3,175
2,499
8,029
13
-7,159
189
-3,918
-2,702
-742
14
-1,940
343
1,000
-3,931
635
13
-4,838
277
1,389
-5,023
-1,495
14
6,258
235
1,655
-682
5,036
14
25.9
*
3.2
7.6
9.5
5.6
18.3
.2
4.4
6.2
6.0
1.5
-3.0
.2
.6
-4.2
.5
-. 1
6.7
.7
5.4
-1.7
4.3
-1.9
23.8
.6
2.0
6.9
16.9
-2.5
15
16
17
18
19
20
6
7
8
9
10
11
Private financial sectors
Coaaercial banks
Bank affiliates
Savings and loan assns.
Finance conpanies
Beits
Total Bet Credit Barket Borrowing, All Sectors, by Type
1 Total net borrowing
2
O.S. Governaent securities
State * local obligations
3
4
Corporate ♦ foreign bonds
5
Mortgages
83,449 119,586 138,816 138,427 101,814 167,536
43,130 27,125 77,046 78,555 71,174 63,161
4,988 14,954 12,698 17,895
6,548 21,612
1,665
3,547 10,375 12,135
7,071 10,925
19,558 20,726 21,507 21,253 28,413 40,594
6
7
8
9
-5,964
7,699
7,806
4,567
Consuaer credit
Bank loans n.e.c.
Open-aarket paper
Other loans
7,644
20,473
14,681
10,436
6,339
13,760
-7,382
4,473
239.8
28.3
14.7
14.6
80.7
229.3
31.9
16.5
24.9
64.5
211.6
94.9
16. 1
36.7
57.9
283.8
83.8
15.7
41.2
85.4
378.7
79.9
21.9
38.0
126.2
1
2
3
4
5
9.9
41.5
17.7
22.5
9.6
-12.1
-1.2
9.8
25.4
6.4
8. 1
17.8
40.2
29.9
15.0
27.5
6
7
8
9
10,290
9,516
-9,657
-1,560
-2,651
-3,162
-4,496
-1,083
12,835
6,795
5,589
6,025
24.3
48.8
8.3
20.2
10 Meno: B.S. Govt, cash balance
800
-131 16,353 -9,772
Totals net of changes in B.S. Govt, cash balances:
11 Net borrowing by doa. nonfin. 71,018 84,292 105,536 127,235
12
By U.S. Governaent
31,880
9,106 41,290 71,737
-3,870
12,859
-1.7
-4.6
2.9
3.2
1.1 10
92,796 127,170
59,511 34,037
189.3
9.9
179.9
16.4
190.2
82.5
240.4
65.9
318.3 11
55.7 12
External Corporate Equity Funds Raised in U. S- Markets
1 Total net share issues
2
Mutual funds
3
All other
4
Nonfinancial corporations
5
Financial corporations
Foreign shares
6
purchased in U.S.
4,667
4,299
368
-278
860
7, 168
2,259
4,909
3,784
1,024
7,156
6,222
934
-265
1,094
16,379
5,822
10,557
8,145
1,092
22,567
11,650
10,917
8,836
1,088
17,830
7,587
10,243
7,289
1,117
10.2
-.2
10.4
7.9
2.7
5.7
.9
4.8
4. 1
1.0
10.6
-.3
10.9
9.9
.8
10.6
-2.4
13. 1
10.5
2.2
6.5
.9
5.6
2.7
2.5
1
2
3
4
5
-214
101
105
1,320
993
1,837
-.2
-.2
.2
.3
.4
6
11/83 BASED OB PRELIMINARY AHD INCOMPLETE INFORMATION
AUGUST 31, 1983
Funds Raised in Credit Harkets
Funds Raised in Credit Harkets
Suaaary of Vet Funds Raised in Credit and Equity Harkets
SEASONALLY ADJUSTED ANNUAL RATES
SEASONAL!! ADJUSTED ANNUAL RATES
1982
1980
1981
1982
1983
II
I
III
II
Het Credit Harket Borrowing by Honfinanciai Sectors
1
369.8
386.0
343.2
377.2
39 5.3
331.8
381.8
442.7
427.0
418.7
Total net borrowing by domestic
591. 1
nonfinancial sectors
2
3
4
53.7
55. 1
-1.4
37.4
38.8
-1.4
79.2
79.8
-.6
87.4
87.8
-.5
161.3
162. 1
-.9
95.6
98.1
-2.5
118.3
118.5
—.2
206.5
206.8
-.3
224.4
224.9
-.5
196.1
196.0
.1
264.2
264.5
-.2
O.S. Gowernnent
Treasury issues
Agency issues ♦ aortgages
2
3
4
5
316.2
348.6
264.0
289.8
234. 1
236.2
263.6
236.1
202.5
222.6
326.9
Private donestle
nonfinancial sectors
5
6
7
8
9
10
11
12
13
199.7
28.4
21.1
150.2
112.2
9.2
21.7
7.2
21 1.2
30.3
17.3
163.6
120.0
7.8
23.9
11.8
192.0
30.3
26.7
135. 1
96.7
8.8
20.2
9.3
158.4
21.9
22. 1
114.5
75.9
4.3
24.6
9.7
152.4
50.5
18.8
83.0
56.6
1.3
20.0
5.2
138.9
31.7
11.5
95.7
63.4
5.6
19.3
7.3
140.6
51.7
10.0
78.9
48.2
2.8
23.5
4.5
146.9
47.4
24.8
74.8
56.6
-3.7
17.3
4.5
185.3
71.3
29.1
84.9
60.5
-3
19.8
4.4
186.4
38.3
18.5
129.6
105. 1
5.0
18.8
.6
259.0
77.9
23.3
157.8
115.3
10.3
26.2
6.0
Debt capital instruaents
Taz-exenpt obligations
Corporate bonds
Hortgages
Hoae aortgages
Hulti-faaily resid.
Coaaercial
Fara
6
7
8
9
10
13
12
13
14
15
16
17
18
116.5
48.8
37.4
5.2
25.1
137.5
45.4
51.2
11.1
29.7
72.0
4.9
36.7
5.7
24.8
131.5
24. 1
54.7
19.2
33.4
81.6
18.3
54.4
—3.3
12.2
97.3
2.6
71.7
9.5
13.4
123.0
35.9
68.5
3.6
15.1
89.2
11.1
55.7
-2.8
25.2
17.2
23.6
21.8
-23.3
-4.9
36.2
28. 1
8.4
-18.5
18.2
67.8
49.5
19.5
-14.1
12.9
Other debt instruaents
Consuaer credit
Bank loans n.e.c.
Open-aarket paper
Other
14
15
16
17
18
19
20
21
22
23
24
25
316.2
19. 1
169.4
127.6
14.6
32.4
80.6
348.6
20.5
176.4
151.7
21.4
34.4
96.0
264.0
20.3
117.5
126. 1
14.4
33.7
78. 1
289.8
9.7
120.6
159.6
16.3
39.6
103.7
234.1
36.3
86.3
111.5
9.0
29.8
72.7
236.2
18.1
75.1
142.9
7.6
31.5
103.9
263.6
40.5
100.0
123.0
10.5
37.8
74.8
236.1
30.4
78.4
127.3
10.8
26.5
90.0
202.5
56.2
93.7
52-7
7.3
23.3
22.0
222.6
28.9
125.7
68.1
.9
29.2
37.9
326.9
66.8
183.6
76.5
-2. 1
40.0
38.5
By borrowing sector:
State+local governaents
Households
Nonfinancial business
Fara
Nonfarn noncorporate
Corporate
19
20
21
22
23
24
25
26
27
28
29
30
33.8
4.2
19.1
6.6
3.9
20.2
3.9
2.3
11.2
2-9
27.2
.8
11.5
10. 1
4.7
27.2
5.4
3.7
13.9
4.2
15.7
6.6
-6.2
10.7
4.5
11.6
3.1
-10.4
16.4
2.5
13.9
1.7
.2
8.5
3.5
11.9
12.8
-11.2
.5
9.8
25.3
8.8
-3.1
17.4
2.2
15.8
3.2
24.6
-16.8
4.8
19.6 Fgn. net borrowing in U.S.
5.5
Bonds
-.9
Bank loans n.e.c.
Open-aarket paper
9.3
5.7
U.S. Governaent loans
26
27
28
29
30
31
403.6
406.2
370.4
404.4
411.0
343.4
395.8
454.5
452.3
434.5
610.7 Total doaestic plus foreign
31
58.5
81.4
62.4
58.5
-6.5
65.0
-
3.9
11.9
.1
-4.2
7.4
-11.4
1
Net Credit Harket Borrowing by Financial Sectors
1
74.6
82.5
63.3
85.4
69.3
73.7
2
3
4
5
37.1
23. 1
13.6
.4
47.9
24.3
23.1
.6
44.8
24.4
19.2
1.2
47.4
30.5
15.0
1.9
64.9
14.9
49.5
.4
6
7
8
9
10
11
37.5
7.5
.1
2.8
14.6
12.5
34.6
7.8
*
-.4
18.0
9.2
18.5
7. 1
-. 1
-.4
4.8
7.1
38.0
-.8
-.5
2.2
20.9
16.2
12
13
14
74.6
23.5
13.6
82.5
24.8
23.1
63.3
25.6
19.2
15
16
17
18
19
20
37.5
.2
7.2
13.5
18.1
-1.4
34.6
.2
6.5
12.6
16.6
-1.3
18.5
.2
6.9
7.4
6.3
-2.2
105.9
38.9
54.2
18. 1
34.5
1.6
68.4
29. Q
39.4
-
66.0
12.6
53.4
-
70.9
*
70.8
-
76.1
1.5
74.6
-
4.4
2.3
.1
3.2
-2.0
.8
19.5
-1.4
.1
9.3
-1.8
13.3
37.5
-1.1
.1
1.2
29.7
7.5
-27. 1
6.3
.1
1.3
-23.2
-11.6
-12.4
5.2
.1
1.1
-12.8
-6.0
5.3
14.0
.1
-4.3
9.8
-14.4
85.4
32.4
15.0
69.3
15.3
49.5
73.7
19.7
34.5
105.9
29.0
39.4
38.9
12.6
53.4
58.5
*
70.8
81.4
1.5
74.6
38.0
-. 1
8.3
15.5
14. 1
.2
4.4
.6
1.9
-3.0
4.9
.1
19.5
-. 1
6.6
13.8
-.8
.1
37.5
.4
12.7
4.4
19.9
.1
-27. 1
.8
-15.7
-18.3
6. 1
.1
-12.4
1.4
4.0
-12.1
-5.6
.1
5.3
1.1
5.6
-11.0
9.6
.1
Total net borrowing
by financial sectors
O.S. Governaent-related
Sponsored credit ag. sec.
Hortgage pool securities
Loans froa U.S. Governaent
Private financial sectors
Corporate bonds
Hortgages
Bank loans n.e.c.
Open-aarket paper
Fed. Hoae Loan Bank loans
1
2
3
4
5
6
7
8
9
10
11
62.4 Total* by sector
Sponsored credit agencies
-6.5
Hortgage pools
65.0
12
13
14
Private financial sectors
Coaaercial banks
Bank affiliates
Savings and loan assns.
Finance coapanies
Reits
15
16
17
18
19
20
3.9
.9
6.6
-9.3
5.5
.1
Total Net. Credit Harket Borrowing* All Sectors* by Type
1
2
3
4
5
478.2
90.5
28.4
32.8
150.2
488.7
84.8
30.3
29.0
163.5
433.7
122.9
30.3
34.6
134.9
489.8
133.0
21.9
26.7
113.9
480.3
225.9
50.5
27.7
83.0
417. 1
148.3
31.7
13.3
95.7
501.7
186.8
51.7
10.7
78.9
493.4
272.6
47.4
43.8
74.8
510.8
295.4
71.3
43.1
84.9
515.9
272.2
38.3
35.8
129.6
6
7
8
9
48.8
59.3
26.4
41.9
45.4
53.0
40.3
42.4
4.9
47.8
20.6
37.8
24. 1
60.6
54.0
55.8
18.3
51.4
5.4
17.9
2.6
70.6
24. 1
30.8
35.9
69.8
41.9
26.1
11. 1
45.7
-25.5
23.4
23.6
19.8
-18.7
-8.6
28.1
28.7
-25.5
8.6
10
3-8
.6
-3.8
*
7.3
11.4
-11.2
38.4
11
12
366. 1
49.9
385.4
36.8
347.0
83.0
377.2
87.4
388.1
154.0
320.4
84.2
393.1
129.5
404.2
168. 1
673.1 Total net borrowing
U.S. Governaent securities
322.9
State * local obligations
77.9
40.7
Corporate ♦ foreign bonds
157.7
Hortgages
1
2
3
4
5
Consuaer credit
Bank loans n.e.c.
Open-aarket paper
Other loans
6
7
8
9
49.5
14.4
2.6
7.2
48.5 Heao: U.S. Govt, cash balance 10
-9.7
-12.8
Totals net of changes in U.S. Govt, cash balances:
542.6 Net borrowing by doa. nonfin. 11
436.7
431.5
215.7
By U.s. Governaent
12
208.9
234.2
External Corporate Equity Funds Raised in U. S. Harkets
1
2
3
4
5
1.9
-. 1
1.9
-. 1
2.5
-3.8
.1
-3.9
-7.8
3.2
22.2
5.2
17.1
12.9
2. 1
-3.7
6. 8
-10.6
-11.5
.9
35.4
18.6
16.8
11.4
4. 1
15.6
14.2
1.5
-1.1
3.4
31.8
12.2
19.6
15.1
4. 1
30.0
26.2
3.7
-1. 1
4.4
64.0
21.8
42.2
32.6
4.4
86.5
42.8
43.7
35.3
4.4
6
-.5
.8
2. 1
*
1.3
-.9
.4
.4
5.3
4.0
BILLIONS OF DOLLARS.
11/83 BASED ON INCOHPLETE INFORHATION.
75.1
75. 1 Total net share issues
34. 1
Hutual funds
41.0
All other
Nonfinancial corporations
29.2
Financial corporations
4.5
Foreign shares
purchased in U.S.
7.3
1
2
3
4
5
6
AUGUST 31, 1983
Credit Harket Supply of Funds
Credit Harket Supply of Funds
Direct and Indirect sources of Funds to Credit Harkets
4
UBADJUSTED HET FLOES(X HILL)
OH ADJUSTED BET FLO«S{$ HILI)
BILLIONS OF DOLLARS
I
Total funds advanced in credit narkets
71,818
to don. nonfinan. sectors
1
II
III
IT
84,161 121,889 117,463
1
I
II
88,926 140,029
1973
1974
1975
1976
1977
187.7
175.3
193.0
243.5
319.4
1
2
3
4
5
6
By Federal aqencies and foreign
29,646
2,858
12,573
3,236
10,979
38,106
13,761
16,726
-1,756
9,375
30,798
7,634
21,501
-1,641
3,304
16,464
3,162
19,443
-5,985
-156
29,746
6,486
18,034
-1,223
6,449
32.8
9.5
8.2
7.2
7.9
51.0
9.4
13.2
6.7
21.7
39.6
18.0
15.8
-4.0
9.8
49.8
23.1
12.3
-2.0
16.4
79.3
34.9
20.0
4.3
20.2
10,769 29,646
7 By type of lender:
5,077
3,177
U.S. Governnent
8
Spons. credit ag.+ntg. pools 11,753 17,874
9
835
-5,371
10
Honetary authority
5,860
1,210
Foreign
11
Agency and foreign borrowing not in line 1:
Spons. credit ag.*atg. pools 10,824 18,118
12
3,488
1,126
13
Foreign
38,106
5,424
16,906
9,149
6,627
30,798
2,999
18,764
5,161
3,874
16,464
1,857
14,667
-4,751
4,691
29,746
3,798
18,033
5,415
2,500
32.8
3.9
19.1
9.2
.6
51.0
9.4
24.2
6.2
11.2
39.6
13.4
11.6
8.5
6. 1
49.8
7.9
16.8
9.8
15.2
79.3 7
10.0 8
22.5 9
7.1 10
39.6 11
19,373
4,713
16,559
6,345
15,518
2,208
16,233
5,016
19.9
6.3
20.7
15.0
10.3
11.3
14.3
19.3
22.Q 12
13.5 13
90,188 131,532
68,012 56,675
6,548 21,612
4,037
6,889
3,992 13,183
1,614 31,950
-5,985 -1,223
181.1
18.8
14.7
10.0
47.7
97.0
7.2
160.0
22.5
16.5
20.9
30.9
75.8
6.7
175.0
76.9
16. 1
32.8
26.2
19.0
-4.0
227.3
60.7
15.7
30.5
55.4
63.1
-2.0
275.6
45.1
21.9
24. 1
81.0
107.8
4.3
14
15
16
17
18
19
20
21
22
23
24
25
10,769
-6,341
10,269
968
5,873
2 Total net advances, by type
U.S. Governnent securities
3
Residential aortgages
4
FHLB advances to s*l’s
5
Other loans aad securities
6
Private doaestic funds advanced
72,999
49,471
4,988
223
2,682
16,603
968
76,121 107,869 109,569
24,267 63,285 70,921
14,954 12,698 17,895
9,119
7,681
-1,664
127 -6,025
-69
41,869 22,322 16,018
3,236 -1,756 -1,641
55,447
16,790
7,646
25,9 27
5,084
63,211
24,185
4,381
23,258
11,387
77,285
27,151
5,275
23,625
21,234
75,301
40,399
13,255
21,409
238
68,526
16,403
27,253
27,129
-2,259
92,565
39,106
28,795
25,987
-1,323
163.5
84.7
36.3
23.7
18.9
127.9
67.0
25.3
29.8
5.7
121.2
29.5
51.2
40.6
*
189.3
59.8
68.4
49.7
11.4
258.8
87.8
78.5
69.0
23.6
26 Sources of funds
Private doaestic dep. ♦ HP’s
27
28
Credit aarket borrowing
55,447
24,665
-319
63,211
26,951
13,819
77,285
49,120
-7,159
75,301
72,635
-1,940
68,526
38,042
-4,838
92,565
40,601
6,258
163.5
97.2
25-9
127.9
67.6
18.3
121.2
94.2
-3.0
189.3
124.4
6.7
258.8 26
139.0 27
23.8 28
29
30
31
32
33
31,101
-4,230
2,066
20,487
12,778
22,441 35,324
-3,949 -14,435
9,486
-1,514
22,543 22,089
5,361 18,184
4,606
-5,130
-3,977
20,795
-7,082
35,322
-9,246
-2,301
21,468
25,401
45,706
6,316
7,466
21,635
10,289
40.4
3.1
-1.0
18.4
19.9
42.0
10.3
-5. 1
26.2
10.5
30.0
-8.6
-1.7
29.7
10.7
58.2
-4.5
-.1
34.3
28.5
96.1
1.4
4.3
51. 4
39.0
29
30
31
32
33
17,233
17,064
2,608
-5,933
185
3,309
26,729
5,650
12,753
-8,098
9,821
6,603
23,425
14,607
7,490
3,083
-7,529
5,774
32,328
20,816
8,047
1,505
-4 ,444
6,404
16,824
13,213
4,975
-2,222
1,709
-851
45,225
25,255
17,185
-261
341
2,705
43.5
19.2
5.4
1.9
9.8
7.2
50.4
19.4
9.4
5. 1
5-8
10.6
50.7
25.4
8.4
8.9
-1.3
9.4
44.7
15.9
3.3
11.8
1.9
11.8
40.6
24.6
-.8
-3.2
9.6
10.4
34
35
36
37
38
39
21,015
-1,882
-17,188
29,800
1,976
-2,136
49,982
1,858
2,820
78,637
6,481
29,510
40,998
645
-8,901
45,084
4,183
14,745
102.2
3.9
10.6
73.7
6.3
2.2
101.2
6.2
9.4
133.4
7.3
10.4
148.6 40
8.3 41
17.2 42
24,694 66,669 107,300 42,426
22,025 -17,013 -26,296 -15,680
40.0
37.3
2.4
97.9
1.3
121.3
*
93.6 43
.2 44
-9,509 -37,975
2,978
3,914
-479
2,311
-3,803
2,913
300
35.5
11.0
1.2
28-0
-2.2
-.2
-14.6
.2
.8
-9.7
2.3
1.7
14 Total net advances
U.S. Governaent securities
15
State and local obligations
16
Corporate and foreign bonds
17
18
Residential nortgages
Other aortgages and loans
19
Less: FHLB advances
20
Private financial internediation
21
22
23
24
25
Credit narket funds advanced
by private financial insts.
Connercial banking
Savings institutions
Insurance and pension funds
Other finance
Other sources
Foreign funds
Treasury balances
Insurance and pension res.
Other, net
Private doaestic nonfinancial investors
34 Direct lending in cr. narkets
O.S. Governaent securities
35
36
State and local obligations
37
Corporate and foreign bonds
38
Open-aarket paper
39
Other
40 Deposits and currency
41
Currency
42
Checkable deposits
43
44
Snail tine ♦ svgs. deposits
Honey aarket fund shares
31,003
9,561
14,629
10,124
45
46
47
Large tine deposits
Security RP’s
Foreign deposits
1,215
74
-1,768
3,869
465
873
-750
331
-996
45
2.2 46
1.3 47
25.7
Total of credit akt. instru
nents, deposits, and currency
38,248
56,529
73,407 110,965
57,822
90,309
145.8
124. 1
152.0
178. 1
189. 1 48
49 Public holdings as % of total
50 Pvt. finan. internediation (X)
51 Total foreign funds
14,763
75,955
-3,020
33,823
83,040
1,911
30,099
71,647
-7,808
18,065
75,981
-4,555
20,508
70,374
8,816
16.9
90.3
3.7
26.8
79.9
21.5
19.4
69.3
-2.5
18.9
83.3
10.6
23.8 49
93.9 50
41.0 51
48
24,875
68,724
-1,256
Corporate Equities Bot Included Above
1 Total net issues
2
Hutual fund shares
3
Other eguities
4,667
4,299
368
7,168
2,259
4,909
7,156
6,222
934
16,379
5,822
10,557
22,567
11,650
10,917
17,830
7,587
10,243
10.2
-.2
10.4
5.7
.9
4.8
10.6
-.3
10.9
10.6
-2.4
13.1
6.5
.9
5.6
1
2
3
4 Acg. by financial institutions
5 Other net purchases
3,550
1,117
4,604
2,564
5,567
1,589
14,170
2,209
15,528
7,039
16,100
1,730
13.2
-3.0
5.8
-. 1
9.8
.8
12.5
-1.9
7.4
-.9
4
5
11/83 BASED OB PRELIHIBABY AND INCOHPLETE INFORMATION
AUGUST 31, 1983
Credit flarket Supply of Funds
Credit flarket Supply of Funds
5
Direct and Indirect Sources of Funds to Credit flarkets
SEASONALLY ADJUSTED ANNUAL BATES
1978
1
369.8
1979
386.0
1980
343.2
1981
377.2
SEASOSALLY ADJUSTED AMIUAL BATES
1982
395.3
I
I
1982
I
331.8
II
381.8
III
442.7
IF
427.0
|
1
1983
I
II
Total funds advanced la credit aarkets
591.1
to don. nonfinan. sectors
418.7
1
By Federal agencies and foreign
2
3
4
5
6
102.3
36.1
25.7
12.5
28.0
75.2
-6.3
35.8
9.2
36.5
97.0
15.7
31.7
7
8
9
10
11
102.3
17. 1
40.3
7.0
38.0
12
13
14
15
16
17
18
19
20
42.4
97. 4
17.2
23.4
16.2
40.6
109.3
17.9
61.1
•8
29.5
80.8
-.9
42.4
13.3
25.9
135.1
36.3
53.8
7.5
37.5
116.4
29.5
64.5
-11.6
34.0
105.2
6.9
83.5
-6.0
20.7
75.2
19.0
53.0
7.7
-4.6
97.0
23.7
45.6
4.5
23.2
97.4
24. 1
48.2
9.2
16.0
109.3
16.7
65.3
9.8
17.6
80.8
11.8
58.4
-3.1
13.7
135.1
16.6
66.7
3.3
48.6
116.4
22.5
53.9
26.8
13.2
105.2
15.7
82.3
12.2
-5.0
37.1
33.8
47.9
20.2
44.8
27.2
47.4
27.2
64.9
15.7
54.2
11.6
68.4
13.9
66.0
11.9
70.9
25.3
338-4
54.3
28.4
23.4
95.6
149.3
12.5
379.0
91.1
30.3
18.5
91.9
156.3
9.2
318.2
107.2
30.3
19.3
73.7
94.8
7. 1
354.4
115.9
21.9
19.4
56.7
156.9
16.2
366.6
207.9
50.5
15.4
-3.3
96.8
.8
316.8
149.2
31.7
5.4
26.5
117.3
13.3
329.1
150.5
51.7
-8.8
-3.0
146.2
7.5
404.1
243. 1
47.4
31.8
-11.6
81.8
-11.6
418.0
288.5
71.3
33.0
-22.8
42.1
-6.0
7. 1
110.8
44.2
79.6
-14.4
1.4
135.4 Total net advances, by type
51.1
U.S. Governnent secnrities
75.8
lesidential nortgages
-11.4
FHLB advances to s*l's
19.9
Other loans and secnrities
110.8
135.4 By type of lender:
U.s. Governnent
6.0
11.7
71.8
Spons. credit ag.vntg. pools
66.8
1. 1
24.4
Honetary authority
32.0
32.5 Foreign
Agency and foreign borrowing not in line 1:
76.1
Spons. credit ag.vntg. pools
58.5
15.8
19.6
Foreign
2
3
4
5
6
7
8
9
10
11
12
13
Private donestic funds advanced
399.8
228.0
38.3
20.9
30.5
67.7
-14.4
533.8 Total net advances
271.8
U.S. Governnent secnrities
77.9
State and local obligations
Corporate and foreign bonds
25.9
49.6
Residential nortgages
other nortgages and loans
97.2
less: FHLB advances
-11.4
14
15
16
17
18
19
20
Private financial internediation
Credit narket funds advanced
by private financial insts.
Connercial banking
Savings institutions
Insurance and pension funds
Other finance
21
22
23
24
25
302.3
129.0
72.8
75.0
25.5
294.7
123. 1
56.7
66.4
48.5
262.3
101. 1
54.9
74.4
32.0
305.2
103.6
27.2
79.3
95.2
271.2
108.5
30.6
94.2
37.9
303.9
130.4
39.7
93.9
39.9
241.6
89.1
19.3
97.0
36.3
288.0
87.1
14.1
91.2
95.5
249.8
127. 1
47.9
94.8
-20.0
362.5
130.9
118.5
97.6
15.5
360.3
150.8
118.2
107.9
-16.6
26
27
28
302.3
141.0
37.5
294.7
142.0
34.6
262.3
168.6
18.5
305.2
211.7
38.0
271.2
173.4
4.4
303.9
188.6
19.5
241.6
138.3
37.5
288.0
204.0
-27.1
249.8
161.5
-12.4
362.5
252.8
5.3
360.3 Sources of funds
26
Private donestic dep. * RP’s 27
193.8
3.9
Credit narket borrowing
28
29
30
31
32
33
123.8
6.5
6.8
62.2
48.4
118.1
27.6
.4
49.1
41.0
75.2
-21.7
-2.6
65.4
34.0
55.5
-8.7
-1.1
73.2
-7.9
93.5
-27.7
6.1
85.9
29.2
95.7
-21.3
12.1
79.8
25.2
65.9
-38.9
-16.3
91.0
30.1
111.1
-59.9
24.1
86.8
60.0
100.7
9.1
4.1
86.1
1.5
104.5
-42.9
-10.6
83.7
74.3
162.7
-3.3
24.7
87.1
54.2
34
35
36
37
38
39
73.6
36.3
3.6
-1.8
15.6
19.9
118.9
61.4
9.9
5.7
12.1
29.8
74.4
38.3
7.0
.6
-4.3
32.9
87.2
47.4
9.6
-8.9
3.7
35.4
99.7
58.1
30.9
-9.4
-2.0
22. 1
32.5
31.9
15.8
-22.2
-9.2
16.3
125.0
54.4
41.0
-30.3
22.7
37.2
89.0
40.6
28.8
10.9
-14.5
23.2
155.8
104.7
38.0
3.8
-6.8
16.1
42.5
21.6
25.2
-6.5
-2.8
4.9
40
41
42
152.2
9.3
16.2
151.4
7.9
18.7
180.0
10.3
5.0
221.7
9.5
18.1
179.4
8.4
13.0
185.1
3.6
24.6
147.3
5.5
-11.2
212.0
11.9
9.3
172.3
12.7
28.9
277.1
15. 1
64.0
43
44
65.9
6.9
59.2
34.4
83. 1
29.2
47.2
107.5
137.0
24.7
101.5
38.2
88.7
40.5
126.2
88. 1
231. 1
-68.1
406.9
-105.2
204.7
-62.7
Snail tine * svgs. deposits
Honey narket fund shares
43
44
45
46
47
44.4
7.5
2.0
23.0
6.6
1.5
44.7
6.5
1.1
36.4
2.5
.5
-5.2
3.8
-2.4
24.0
.3
-7. 1
18.4
1.9
3.5
-20.9
1.3
-4.0
-42.4
11.9
-1.9
-128.6
15.7
9.2
-18.5
11.7
1.2
Large tine deposits
Security RP’s
Foreign deposits
45
46
47
48
225.8
270.3
254.4
308.9
279.1
217.6
272.2
300.9
328.1
319.6
Total of credit nkt. instru386.8 nents, deposits, and currency 48
49
25.3
89.3
44.6
18.5
77.7
23.0
26.2
82.4
1.5
24. 1
86. 1
7.3
26.6
74.0
-10.2
23.5
95.9
-7.7
34.1
73.4
9.7
25.6
71.3
-46.6
23.3
59.8
4.1
25.5
90.7
-10.8
22.2 Public holdings as % of total 49
67.5 Pvt. finan. internediation (X) 50
51
29.2 Total foreign funds
21
22
23
24
25
Other sources
29
30
Foreign funds
31
Treasury balances
Insurance and pension res. 32
33
Other, net
Private donestic nonfinancial investors
50
51
177.4 Direct lending in cr. aarkets
U.S. Governnent securities
124.0
State and local obligations
57.6
Corporate and foreign bonds
1.8
Open-narket paper
-19.5
Other
13.4
34
35
36
37
38
39
209.4 Deposits and currency
Currency
14.4
Checkable deposits
58.6
40
41
42
Corporate Equities Mot Included Above
1
2
3
1.9
-. 1
1.9
-3.8
.1
-3.9
22.2
5.2
17. 1
-3.7
6.8
-10.6
35.4
18.6
16.8
15.6
14.2
1.5
31.8
12.2
19.6
30.0
26.2
3.7
64.0
21.8
42.2
86.5
42.8
43.7
75. 1 Total net issues
Mutual fund shares
34.1
Other eguities
41.0
1
2
3
4
5
4.5
-2.7
9.7
-13.5
16.8
5.4
22.1
-25.9
27.9
7-5
21.0
-5.4
17.7
14.2
25.4
4.6
47.5
16.5
68.5
17.9
64. 1 Acq. by financial institutions
11.0 Other net purchases
4
5
BILLIONS OF DOLLARS.
11/83 BASED ON INCOMPLETE IN FORHATK
Line
1.
6.
12.
14.
19.
27.
28.
30.
31.
Page 2, line 1.
Includes farm and commercial mortgages.
Credit market funds raised by Federally sponsored credit agencies + federally
related mortgage pool securities.
Line 1 less line 2 plus lines 12 + 13. Also line 21 less line 28 plus line 34.
Also sum of lines 29 and 48 less lines 41 and 47.
Includes farm and commercial mortgages.
Line 40 less line 41 and 47.
Excludes equity issues and investment company shares. Includes line 19.
Foreign deposits at commercial banks, bank borrowings from foreign branches,
and liabilities of foreign banking offices to foreign affiliates, net of
claims on foreign affiliates and deposits by banking foreign banks.
Demand deposits and note balances at commercial banks.
32.
33.
34.
Excludes investment of these reserves in corporate equities.
Mainly retained earnings and net miscellaneous liabilities.
Line 14 less line 21 plus line 28.
35-39. Lines 15-19 less amounts acquired by private finance plus amounts
borrowed by private finance. Line 39 includes mortgages.
48.
Lines 34 + 40. Also line 14 less line 29 plus lines 41 and 47.
50.
Line 21/line 14.
51.
Line 11 plus line 30.
Corporate Equities
Line
1 and 3. Includes issues by financial institutions.
AOGOST 21, 1983
Households
Households
Sector stateaents of Saving and Investnent
6
OHADJOSTED HET FLOSS($ MILL)
UNADJUSTED 1ST FLOWS(S BILL)
1982
I
II
III
IT
|
1
1983
I
BILLIONS OP DOLLARS
II
1973
1974
1975
1976
1977
Households, Personal Trusts, and Nonprofit Organizations
607,002 635,038 655,613 680,969 638,564 673,095
98,610 112,627 103,362 95,486 98,249 107.161
1065.2
150.7
1168.6
170.2
1265.0
168.9
1391.2
196.8
1540.4
226.4
1
2
= Disposable personal incoae
516,392 522,411 552,251 585,483 540.315 565,934
- Personal outlays
484,154 510,305 515,933 540,706 510,705 560,771
= Personal saving, NIA basis
32,238 12,106 36,318 44,777 29,610
5,163
6,703 10,900 18,538 11,021
Credits fron govt, insurance
9,070 13.547
♦ Capital gains dividends
1,383
180
707
80
1,099
200
♦ Net durables in consunption
2,851 11,061
6,388 14,958
2,856 15,185
914.5
835.5
79.0
11.8
.9
40.4
998.3
913.2
85.1
12.6
.5
28.4
1096.1
1001.8
94.3
15. 1
.2
26.5
1194.4
1111.9
82.5
17.7
.5
40.0
1314.0
1236.0
78.0
22.5
.6
49.6
3
4
5
6
7
8
43,175 34,247 61,324 71,463 42,635 34,095
65,429 66,044 67,418 69,547 71,442 73,101
108,604 100,291 128,742 141,010 114,077 107,196
132.1
103.3
235.4
126.6
116.7
243.3
136.1
132.2
268.3
140.6
145.9
286.4
150.8 9
162.0 10
312.8 11
142,845 116,664 159,125 156,673 156,619 138,139
12 Gross investnent
Capital expend, net of sales 77,803 80,379 79,723 94,483 86,310 95,476
13
21,349 15,078 17,991 22,612 25,120 20,687
14
Residential construction
53,826 62,581 58,961 69,091 58,390 71,960
Consuner durable goods
15
nonprofit plant and equip.
2,628
2,720
2,771
2,780
2,800
2,829
16
234.9
176.8
48.1
123.3
5.4
245.1
171.9
44.9
121.5
5.4
285. 1
183.0
45.6
132.2
5.2
311.1
223.2
60.6
156.8
5-7
331.9
265.9
81.8
178.2
5.9
87.9
183.9
65.9 17
206.5 18
1 Personal incone
2 - Personal taxes and nontaxes
3
4
5
6
7
8
9 = Het saving
10 ♦ Capital consunption
11 = Gross saving
17 Het financial investnent
Het acg. of financial assets
18
65,042
72,604
36,285 79,402
58,742 105,878
62,190
98,422
70,309
93,200
42,663
87,005
58.1
132.5
73.3
127.0
102.1
156.7
66,149
59,126
12
13
14
15
16
19
Dep. ♦ cr. nkt. instr. (1)
55,251
37,696
66,474
59,924
115.5
107.7
127.2
151.0
160.6 19
20
21
22
23
24
Deposits
Checkable dep. * curr.
Snail tiae + svgs.dep.
Large tiae deposits
Money narket fund shrs
33,455
-4,373
31,154
-2,887
9,561
30,766
-435
14,153
6,924
10,124
51,896 52,037 47.412 40,978
12,426 15,297
5,913 12,946
25,034 65,193 107,276 41,164
-7,589 -11,440 -39,481
2,548
22,025 -17,013 -26,296 -15,680
77.5
13.9
40.0
23.6
65.7
7.6
37.3
18.5
2.4
91.5
6.9
97.0
-13.6
1.3
123.2
15.7
116.2
-8.7
*
127.8
20.0
95.1
12.4
.2
20
21
22
23
24
25
26
27
28
29
30
Credit nkt. instrunents
O.S. Govt, securities
St.v-local obligations
Corporate * fgn. bonds
Hortgages
Open-narket paper
21,796
20,623
2,280
-5,933
4,682
144
6,930
-7,397
12,904
-8,098
4,736
4,785
14,578
8,709
7,065
3,083
4,065
-8,344
14,112
7,872
7.632
1.505
1,858
-4,755
11,714
8,565
4,207
-2,222
-524
1,688
18,946
836
16,817
-261
-657
2,211
37.9
18.9
5.3
1.9
2.7
9.1
42.0
20.0
8.3
5. 1
6.9
1.7
35.7
18.8
6.2
8.9
6.2
-4.4
27.8
9.7
2.0
11.8
7.4
-3.1
32.9
19.7
-1.5
-3.2
8.1
9.8
25
26
27
28
29
30
31
32
Mutual fund shares
Other corporate equities
4,299
-4,109
2,259
-684
6,222
-5,072
5,822
-5,211
11,650
-7,261
7,587
-7,090
-.2
-5.5
.9
-1.6
-.3
-3.5
-2.4
-2.2
.9 31
-4.4 32
33
34
Life insurance reserves
Pension fund reserves
3,289
18,657
3,477
25,375
3,645
33,988
3,704
28,254
3,756
28,356
3,828
29,758
7.6
25.4
6.7
29.6
8.7
34.9
8.4
44.0
11.5 33
55.9 34
35
36
37
Net inv. in aoncorp. bus.
Security credit
Hiscellaneous assets
-5,902 —11,064
-520
-6
1,639
1,689
-3,001
1,904
1,718
-3,955
1,935
1,724
-4,968 -10,557
800
1,792
1,763
1,741
-12.8
-.2
2.8
-17.9
-1.0
2.7
-14.5
.6
3.8
-21.8
1.5
5.5
-23.9 35
-1.0 36
6.9 37
38
39
40
41
42
43
44
45
Net increase in liabilities
Credit aarket instrunents
Hoae nortgages
Other nortgages
Installnent cons, credit
Other consuaer credit
Bank loans n.e.c.
Other loans
7,562
9,868
16,863
637
-5,432
-532
-3,382
1,714
22,457
20,448
7,592
675
6,038
1,606
2,293
2,244
26,476
24,913
15,054
681
5,166
1,173
536
2,303
36,232
31,053
16,267
654
7,329
2,961
2,909
933
22,891
19,704
25,389
631
-2,230
-421
-4,509
844
44,342
43,077
21,930
614
10,444
2,391
6,480
1,218
74.4
77.7
46.5
1.1
20.2
4. 1
3.4
2.4
53.8
53.9
38.0
1. 1
9.5
.4
1.6
3.2
54.6
52.1
40.6
1.0
7.7
1.9
-1.2
2.2
96.0
89.5
61.4
.8
21.5
3-9
*
1.8
-3,197
616
275
1,246
582
181
830
582
151
4,376
617
186
2.333
648
206
373
673
219
-4.3
.6
.4
-1.8
1.0
.7
.7
1.1
.7
4.8
1.2
.6
1.3 46
1.2 47
.9 48
-34,241 -16,373 -30,383 -15,663 -42,542 -30,943
.4
-1.8
-16.8
-24.6
-19.1 49
46
47
48
Security credit
Trade debt
Niscellaneous
49 Discrepancy
140.6
137.3
90.8
1. 1
37.0
3.2
2.8
2.3
38
39
40
41
42
43
44
45
(1) Excludes corporate equities.
Benoranda:
50
51
52
53
54
55
Het physical investnent:
(A) Residential construction
Expenditures
Mobile hones
Other
- Capital consunption
- Hone nortgages
= Excess net investnent
21,349
1,171
20,178
12,423
16,863
-7,937
15,078
1,269
13,809
12,474
7,592
-4,988
17,991
1,168
16,823
12,749
15.054
-9,812
22,612 25,120 20,687
1,443
1,181
1,409
21,431 23,711 19,244
13,247 13,678 14,041
16,267 25,389 21,930
-6,902 -13,947 -15,284
48.1
4.2
43.9
17.1
46.5
-15.5
44.9
3. 1
41.8
19.7
38.0
-12.8
45.6
2.3
43.3
22-2
40.6
-17.1
60.6
3.0
57.6
24.5
61.4
-25.3
81.8
3.9
77.9
28.6
90.8
-37.6
56
57
58
(B) Consuner durables
Expenditures
- Capital consunption
- Het investnent
53,826
50,975
2,851
62,581
51,520
11,061
58,961
52,573
6,388
69,091
54,133
14,958
58,390
55,534
2,856
71,960
56,775
15,185
123.3
82.9
40.4
121.5
93. 1
28.4
132.2
105.7
26.5
156.8
116.9
40.0
178.2 56
128.6 57
49.6 58
40.2 59
9.4 60
50
51
52
53
54
55
59
60
- Consuner credit
= Excess net investnent
-5,964
8,815
7,644
3,417
6,339
49
10,290
4,668
-2,651
5,507
12,835
2,350
24.3
16.2
9.9
18.5
9.6
16.9
25.4
14.5
61
62
63
64
(C) Nonprofit plant and equip.
Expenditures
- Capital consunption
- Nonprofit nortgages
=■ Excess net investnent
2,628
2,031
637
-40
2,720
2,050
675
-5
2,771
2,096
681
-6
2,780
2,167
654
-41
2,800
2,230
631
-61
2,829
2,285
614
-70
5.4
3.3
1. 1
1.1
5.4
3.9
1. 1
.4
5.2
4.4
1.0
-.2
5.7
4.5
.8
.4
14,927
6,242
17,735
2,317
15,765
6,576
14,022
7,647
15,385
5,480
15,920
912
14. 1
8.6
14.6
8.5
13.4
8.6
14. 1
6.9
14.7 65
5.9 66
5.9
4.8
1. 1
a
61
62
63
64
Per cent ratios:
65 Effective tax rate
66 Saving rate, NIA basis
Per cent of disposable incone adj. (2):
67 Gross saving
20,707
18,799
22,551
23,611
20,723
18,492
25.4
24.1
24.1
23.6
23.4 67
68
69
70
71
14,834
13,843
1,441
1,881
15,066
11,010
4,209
3,832
13,965
18,546
4,637
4,364
15,820
16,480
6,066
5,199
15,678
16,930
4,158
3,579
16,470
15,009
7,649
7,431
19.1
14.3
8.0
8.4
17.0
12.6
5.3
5.3
16.5
14. 1
4.9
4.7
18.4
15.2
7.9
7.4
19.9
15-4
10.5
10.3
524,478 533,491 570,869 597,211 550,484 579,681
72 (2) Disposable incone adj.
(MIA disposable iacone * govt, insurance credits ♦ capital gains divid.)
927.2
1011.4
1111.4
1212.5
Capital expenditures
Acquisition of finan. assets
Het increase in liabilities
Credit narket borrouing
11/83 BASED OH PRELIMIHART ANO INCOMPLETE INFORMATION
68
69
70
71
1337.2 72
1DGUST 31, 1983
foaseholds
Households
Sector Stateaents of Saving and Investnent
7
SEASONALLY ADJUSTED ANNUAL BATES
SEASOIAL1I ADJUSTED 1NNOAL BATES
1978
1979
1980
1981
1982
I
|
1982
II
I
III
IV
|
1
1983
I
II
Households, Personal Trusts, and Bonprofit Organizations
2
1732.7
258.7
1951.2
301.0
2 165. 3
336.5
2435.0
387.4
2578.6
402. 1
2528. 1
400.2
2563.2
404.2
2591.3
399.8
2632.0
404. 1
2657.7
401.8
2715.7 Personal incoae
412.7 - Personal taxes and nontaxes
3
4
5
6
7
8
1474.0
1384.6
89.4
27.9
.7
56.7
1650.2
1553.5
96.7
24.4
.9
52.5
1828.9
1718.7
110.2
35.3
1.8
32.8
2047. 6
1912.4
135.3
41.0
2.7
39.7
2176.5
2051. 1
125.4
47.2
2.4
35.3
2127.9
1997.0
130.8
45.4
3.6
35.5
2159.0
2031.9
127.1
48.0
2.2
36-9
2191.5
2068.4
123.0
42.8
1.5
33. 1
2227.8
2107.0
120.8
52.3
2-1
35.5
2255.9
2134.2
121.7
56.4
2. 1
36.4
2303.0
2210.7
92.3
59.0
2.4
50.9
9
10
11
174.7
182.5
357.2
174.5
206.4
380.9
180.0
233.2
413.3
218.7
252.5
471.2
210.2
268.4
478.6
215.4
261.7
477. 1
214.2
264.2
478.4
200.5
269.7
470.2
210.8
278.2
489.0
216.7
285.8
502.4
204.7 = Het saving
292.4 ♦ Capital consumption
497.1 » Gross saving
9
10
11
12
13
14
15
16
378.3
306.1
99.2
200.2
6.6
409.1
331.6
110.9
213.4
7.3
469.8
320.0
96.7
214.7
8.6
539.7
342.5
96.6
236. 1
9.8
575.3
332-4
77.0
244.5
10.9
548.8
328.0
78.0
239.4
10.5
536.7
332.2
78.4
242.9
10.9
604.4
329.7
75.2
243.4
11. 1
611.3
343.6
80.4
252.1
11.1
604.2
356.9
87.2
258.5
11.2
614.1 Gross invest aent
391.5
Capital expend, net of sales
102.2
Besidential construction
278.0
Consuaer durable goods
11.3
Nonprofit plant and equip.
12
13
14
15
16
17
18
72.2
245.5
77.5
257.9
149.8
277.4
197.2
320.6
242.9
335.6
220.8
286.7
204.6
312.6
274.7
359.4
267.7
382.1
247.3
385.7
17
222.6 Het financial investment
411.2
Net acg. of financial assets 18
=
*
♦
♦
♦
Disposable personal incoae
Personal outlays
Personal saving, NIA basis
Credits froa govt, insurance
Capital gains dividends
Net durables in consumption
1
2
3
4
5
6
7
8
19
19 1.0
224.7
217.6
273.3
225.6
215. 1
195.3
250.6
243.5
237.5
273.7
Dep. ♦ cr. akt. instr. (1)
19
20
21
22
23
24
129.6
22.4
66. 1
34.2
6.9
134.8
21.8
59.8
18.8
34.4
158.5
3.7
83.4
42.2
29.2
199.4
25.7
47. 1
19.2
107.5
168.2
22.9
135-5
-15.0
24.7
177.4
25.8
102. 1
11.2
38.2
139.0
.5
86.8
11.1
40.5
194.9
19.8
127.6
-40.6
88.1
160.3
45.0
225.2
-41.9
-68.1
238.8
69.1
406.8
-131.9
-105.2
180.3
56.3
199.6
-12.9
-62.7
Deposits
Checkable dep. ♦ curr.
Snail tiae ♦ svgs. dep.
Large tiae deposits
Honey aarket fund shrs
20
21
22
23
24
25
26
27
28
29
30
61.3
29.5
4. 1
-1.8
14.2
15.4
89.9
45.7
10.4
5.7
20.0
8.2
59. 1
32.6
7.0
.6
22.2
-3.2
73.9
48.7
9.4
-8.9
23. 1
1.7
57.4
29.8
29.9
-9.4
15.3
-8.2
37.7
39.5
14.5
-22.2
17.6
-11.6
56.3
22.5
41.6
-30.3
21.6
-9
55.7
10.7
27. 1
10.9
18.2
-11.2
83.2
45.5
36.3
3.8
8.4
-10.9
-1.3
-7.2
22.2
-6.5
-3.5
-6.2
93.4
50.6
56.1
1.8
-2.5
-12.7
Credit akt. instruaents
U.S. Govt, securities
St.♦local obligations
Corporate ♦ fgn. bonds
Hortgages
Open-aarket paper
25
26
27
28
29
30
31
32
-. 1
-5.0
.1
-15.3
5.2
-5. 1
6.8
-38.5
18.6
-15.1
14.2
-22.7
12.2
*
26.2
-25.8
21.8
-11.8
42.8
-35.0
34.1
-25.8
Hutual fund shares
Other corporate eguities
31
32
33
34
12.0
61.8
12.5
55.6
11.5
78.2
10. 1
91.7
14. 1
106.3
13.2
91.2
13.9
106.6
14.6
105.0
14.8
122.4
15.0
130.9
15.3
124.3
Life insurance reserves
Pension fund reserves
33
34
35
36
37
-23.3
2.5
6.6
-28.8
1.8
7.2
-40.8
5.2
5.6
-26.9
-2. 1
6. 1
-23.9
3.3
6.8
-28.6
-2. 1
6.6
-22.1
V
6.8
-25.7
7.6
6.9
-23.2
7.7
6.9
-15.8
3.2
7.0
-24.6
7.2
7.1
Net inv. in noncorp. bus.
Security credit
Hiscellaneous assets
35
36
37
38
39
40
41
42
43
44
45
173.2
169.4
111.5
1.3
43. 1
5.7
4.1
3.8
180.4
176.4
121.2
1.5
38.4
7. 1
1.9
6.4
127.5
117.5
98.3
1.9
1.4
3.4
3.6
8.8
123.4
120.6
78.8
2.3
18.2
5.9
4.3
11. 1
92.7
86.3
55.8
2.6
13. 1
5.2
2.4
7.2
65.9
75. 1
64.9
2.5
4.5
-1.9
-1.8
6.9
108.1
100.0
47.6
2.7
21-7
14.2
4.9
9.0
84.7
78.4
55.0
2.7
9.2
2.0
.4
9.2
114.4
93.7
57.7
2.6
17.0
6.5
6.0
3.7
138.4
125-7
96.7
2.5
24.2
3.9
-5.0
3.4
188.6
183-6
106.0
2.5
37.5
12.0
20.7
4.9
Net increase in liabilities
Credit aarket instruaents
Hone mortgages
Other mortgages
Installment cons, credit
Other consuaer credit
Bank loans n.e.c.
Other loans
38
39
40
41
42
43
44
45
46
47
48
1.2
1.5
1.1
1.0
1.7
1.3
6.5
2-3
1.2
-1.6
2.7
1.8
3.3
2.4
.8
-12.8
2.5
1. 1
5.0
2.3
.7
3.3
2.3
.6
17.5
2.5
.7
9.3
2.6
.8
1.5
2.7
.9
49
-21.2
-28.2
-56.5
-68.4
-96.7
-71.7
-58.4
-134.3
-122.3
-101.7
Security credit
Trade debt
Hiscellaneous
-117.0 Discrepancy
46
47
48
49
(1) Excludes corporate eguities.
Heaoranda:
Het physical investment:
Residential construction
Expenditures
Hobile hoaes
Other
- Capital consumption
- Hone mortgages
= Excess net investnent
50
51
52
53
54
55
99.2
4.5
94.7
33.5
111.5
-45.7
110.9
5.0
105.9
39. 1
121.2
-49.4
96.7
4.5
92.2
44. 1
98.3
-45.7
96.6
4.9
91.7
48.3
78.8
-30.5
77.0
4.8
72-2
50.9
55-8
-29.6
78.0
4.7
73.4
49.7
64.9
-36.6
78.4
5. 1
73.3
49.9
47.6
-19. 1
75.2
4.7
70.6
51.0
55.0
-30.8
80.4
4.7
75.7
53.0
57.7
-30.3
87.2
5.6
81.5
54.7
96.7
-64.2
(A)
102.2
5.8
96.4
56.2
106.0
-60.0
56
57
58
200.2
143.5
56.7
213.4
160.9
52.5
214.7
182.0
32.8
236. 1
196.4
39.7
244.5
209.2
35.3
239.4
203.9
35.5
242.9
206. 1
36.9
243.4
210.3
33.1
252.1
216.5
35.5
258.5
222. 1
36.4
(BJ Consuaer durables
278.0
Expenditures
227.1
- Capital consunption
50.9
- Net investnent
59
60
48.8
7.9
4 5.4
7.1
4.9
27.9
24. 1
15.6
18.3
16.9
2.6
32.9
35.9
1.0
11. 1
21.9
23.6
12.0
28.1
8.3
49.5
1.4
- Consuaer credit
= Excess net investnent
59
60
61
62
63
64
6.6
5.5
1.3
-.1
7.3
6.3
1.5
-.6
8.6
7.2
1.9
-.6
9.8
7.8
2.3
-.4
10.9
8.3
2.6
-. 1
10.5
8. 1
2.5
-.2
10.9
8.2
2.7
♦
11.1
8.4
2.7
V
11.1
8.7
2.6
-.2
1 1.2
8.9
2.5
-.2
(C) Nonprofit plant and eguip.
11.3
Expenditures
- Capital consunption
9.1
2.5
- Nonprofit nortgages
-.3
= Excess net investment
61
62
63
64
65
66
14.9
6.1
15.4
5.9
15.5
6.0
15.9
6.6
15.6
5.8
15.8
6. 1
15.8
5.9
15.4
5.6
15.4
5.4
15. 1
5.4
15.2 Effective tax rate
4.0 Saving rate, NIA basis
67
23.8
22.7
22. 1
22.5
21.5
21.9
21.7
21.0
21.4
21.7
21.0 Gross saving
68
69
70
71
20.4
16.3
11.5
11.3
19.8
15.4
10.8
10.5
17. 1
14.9
6.8
6-3
16.4
15.3
5.9
5.8
14.9
15.1
4.2
3.9
15. 1
13.2
3.0
3.5
15.0
14.2
4.9
4.5
14.7
16. 1
3.8
3.5
15.1
16.7
5.0
4.1
15.4
16.7
6.0
5.4
16.6
17.4
8.0
7.8
72
1502.6
1675.5
1865.9
2091.3
2226.0
50
51
52
53
54
55
56
57
58
Per cent ratios:
65
66
Per cent ofr disposable incoae adj. (2):
BILLIONS OF DOLLARS.
Capital expenditures
Acquisition of finan. assets
Net increase in liabilities
Credit aarket borrowing
67
68
69
70
71
2176.9 2209.2 2235.8 2282.3 2314.5 2364.5 (2) Disposable incoae adj.
72
(NIA disposable incoae ♦ govt, insurance credits ♦ capital gains divid.)
11/83 BASED ON INCOMPLETE INFOHMATIOH.
AUGUST 31, 1983
Total and noncorporate Business
Total and noncorporate Business
8
Sector Statenents o£ Saving and Investaent
UNADJUSTED KT FLOWS(S HILL)
UHIDJUSTED HET FLOWS(S HILL)
1982
I
II
III
IF
I
1
1983
I
1 Incoae before taxes
2 Gross saving
67,654 69,592
76,103' 86,368
68,406
80,283
66,874
78,320
3 Gross investaent
63,694
76,575
67,870
55,254
75,985
78,068
80,933
-6,392
3.527
-4,337
2,254
91,333
92,606
83,789
5,815
3,002
-2,584
1,311
83,772 66,082
82,422 80,829
76,558 79,013
3,701
-505
2,163
2,321
547 -18,170
803
3,423
11 Net financial investaent
-12,291 -14,758 -15,902 -10,828
12
Net acg. of financial assets -4,052
3,105 19,725
6,561
13
Het increase in liabilities
8,239 17,863 35,627 17,389
14
Corporate eguities
3,784
-278
-265
8,145
15
Credit aarket instruaents
27,678 42,570 30,890 10,327
16
Bonds
5,373
6,355 10,238 12,019
17
Hortgages
2,054 12,461
5,773
4,334
18
Bank loans n.e.c.
13,667 17,535 14,755
6,084
19
Other loans
6,584
6,219
124 -12.110
7,800
15,175
7,375
8,836
9,387
5,899
2,380
-1,433
2,541
20
21
4 Capital expenditures
5
Fixed investaent
6
Business plant ♦ eguipaent
7
Hoae construction (1)
8
Hulti-faaily residential
9
Change in inventories
10
flineral rts. froa U.S. Govt.
Trade debt
Other liabilities
22 Discrepancy
-10,194 -7,761
-8,967 -20,730
12,409
9,793
4,052
950
-133
-950
12,413
23,066
1973
II
Nonfinancial
BILLIOWS OF DOLLABS
1974
1975
1976
79,040
94,581
200.7
117.9
206.8
115.3
73,879
83,997
117.3
66,079
72,837
72,955
-3,641
3,523
-7,441
683
93,568
91,915
79,470
8,877
3,568
-2,945
4,598
67,403
80.819
208.9
154.1
241.4
171.5
115.1
148.1
171.8
150.1
130.4
-.4
20. t
18.5
3.2
176.8
156.2
143.5
.5
12. 1
14.1
6.5
149.0
154.6
146.0
2.8
5.8
-6.9
1.3
-9,571
10,351
19,922
7,289
31,227
9,126
18,054
1,228
2,819
-54.4
73.7
128. 1
7.9
88.5
11.0
32.8
33.6
11.1
-61.8
54.5
116.3
4.1
94.1
21.3
25.4
31.2
16.2
-8,588 -5,583
-2,260 -13,011
39.4
-7.7
6,940
1977
Business - Total
10,584
276.6
198.8
1
2
162.3
182.2
3
187.8
172.0
161.1
4.2
6.6
11.8
4.0
230.0 4
204.5 5
190.6 6
5.5 7
8.4 8
23.0 9
2.5 10
-.9
44.3
45.2
9.9
41.8
29.8
16.0
-9.2
5.2
-25.4
58.3
83.7
10.5
69.8
25.3
22.9
4.6
17.0
-47.7
67.4
115.2
2.7
110.0
29.5
34.4
24.3
21.7
30. 1
-12.1
7.9
-14.3
13.3
-9.9
24.2 20
-21.7 21
.5
.2
6.0
9.2
16.5 22
11
12
13
14
15
16
17
18
19
Fare Business
1 Net incoae
2 Net saving
3 Capital consnaptioa
4
Corporate
5
Noncorporate
6 Current surplus = gross saving
7 Gross investaent
8 Capital expenditures
9
Plant and eguipaent
10
Besidential construction
11
Change in inventories
12 Net financial investaent
13
Net acg. of financial assets
14
Deaand deposits * currency
15
Hiscellaneous assets
16
Insurance receivables
17
Eg. in spons. ags. (2)
18
19
20
21
22
23
24
25
26
Net increase in liabilities
Credit aarket instruaents
Hortgages
Bank loans n.e.c.
Other loans
U. S. Governaent
Fed. Int. Credit Banks
Trade debt
Proprietor net investaent
6,862
4,209
3,951
6,504
5,542
5,900
32.8
26.5
24.6
19.1
19.1
1
29
5,652
690
4,962
5,681
-3
7.4
.7
6.7
7.7
-.1
8.5
.8
7.7
8.4
•1
10.1
1.0
9. 1
10.2
-. 1
11.1
1.2
9.9
11. 1
-.3
12.6
1.4
11.2
12.3
2
3
4
5
6
-4
5,349
642
4,707
5,345
-12
5,415
662
4,753
5,403
-15
5,502
680
4,822
5,487
15
5,635
689
4,946
5,650
-19
5,606
689
4,917
5,587
5,345
4,546
3,878
>183
485
5,403
3,805
3,958
438
-591
5,487
3,632
3,943
332
-643
5,650
4,123
4,215
579
-671
5,587
3,981
3,768
314
-101
5,681
4,089
4,095
369
-375
7.7
13.2
9.2
.7
3.2
8.4
10.2
10.7
1.3
-1.8
10.2
17.3
12.8
1.0
3.5
11.1
12.9
13.8
1.1
-2-0
12.3 7
17.8 8
15.2 9
1.5 10
1. 1 11
799
511
31
480
308
172
1,598
348
32
316
325
-9
1,855
443
33
410
331
79
1,527
504
34
470
325
145
1,606
374
35
339
324
15
1,592
370
36
334
322
12
-5.5
.8
.2
.6
.5
.2
-1.8
.6
-.2
.8
-5
.2
-7.1
1.0
.1
.9
.7
.2
-1.8
1.4
-.1
1.5
1.3
.2
-5.6
1.8
.1
1.7
1.5
.2
12
13
14
15
16
17
-288
1,680
2,180
364
-864
-42
-822
-1,250
6,587
1,567
2,488
2,532
922
1,610
-1,412
2,924
932
1,235
757
367
390
-1,023
-2,164
485
-872
-1,777
233
-2,010
-1,232
157
537
310
-690
300
-990
-1,222
3,570
1,900
600
1,070
200
870
6.3
9.9
5.5
2.9
1.5
.4
1.1
2.4
7.8
5-0
1. 1
1.7
.1
1.7
8.1
8.5
4.6
2.0
1-9
.8
1.1
3.2
10.2
5.7
3.0
1.5
.1
1.3
7.4
12.3
7. 1
2.5
2.7
1.3
1.4
18
19
20
21
22
23
24
-303
-1,665
-220
-7,617
78
-4,414
-118
1,259
161
-1,550
91
--4,883
.1
-3.7
.2
-5.7
.5
-.8
.8
-7.8
.9 25
-5.8 26
Bonfarn noncorporate Business
1 Net iacoae
2 Gross svg.=capital consuap.
28,698
14,271
29,828
14,690
30,060
14,955
31,001
14,775
33,495
14,818
35,516
14*487
72.6
18.4
75.2
21.3
77.6
24.2
87.8
26.2
101.5
29.1
1
2
3 Gross investaent
4 Capital expenditures
5
Fixed capital
6
Plant and eguipaent
7
Hoae construction (1)
8
Hulti-faaily residential
9
Change in inventories
14,271
14,228
15,748
15,933
-3,288
3,103
-1,520
14,690
21,973
20,973
15,886
2,689
2,398
1,000
14,955
19,416
18,862
15,679
1,685
1,498
554
14,775
14,231
16,108
14,956
-542
1,694
-1,877
14,818
14,820
15,752
14,737
-1,978
2,993
-932
14,487
20,966
20,642
13,628
4,254
2,760
324
18.4
37.1
35.7
18.8
-.5
17.4
1.4
21.3
28.7
28.7
18.8
-.4
10.3
24.2
22.0
23.1
16.9
.9
5.3
-1.1
26.2
26.6
25.6
18.3
1.6
5.7
1.0
29. 1
37.1
35. 1
26.3
2.0
6.8
2.0
3
4
5
6
7
8
9
43
546
5
541
507
34
-7,283
905
438
467
501
-34
-4,461
771
253
518
504
14
544
1,577
1,046
531
516
15
-2
901
366
535
525
10
-6,479
1,252
708
544
534
10
-18.7
2.4
1.4
1.0
1.0
V
-7.4
1.8
.7
1.0
1.0
*
2.3
2.1
.8
1.3
1.2
♦
-.4
3.3
1.2
2.1
2. 1
.1
-7.9
3.1
.6
2.6
2.5
•
10
11
12
13
14
15
16
503
5,355
2,386
-2,630
951
4,065
8,188t
12,596
8,828
2,151
434
6,243
5,232
4,934
3,994
1,348
-621
3,267
1,033
6,879
4,418
-434
5
4,847
903
4,803
3,539
-1,582
1,133
3,988
7,731
13,578
12,186
3,403
1,766
7,017
21.1
29.8
25.5
-.4
7.9
18.0
9.2
20-2
19.4
-.3
5.5
14.2
-.2
12.5
12.5
.7
-.3
12.0
3.7
15-4
14.8
1.2
2.7
10.8
11.1
28.0
23.8
1.6
5.1
17. 1
17
18
19
20
21
22
2,387
582
3,008
760
1,179
-239
742
1,719
783
481
927
465
1. 1
3.2
-1.0
1.8
-2.0
2.0
-3.6
4.3
.9 23
3.3 24
-615
-4,237
-961
-3,447
-1,115
1,413
-632
-5,214
-482
-3,418
-173
-5,674
.4
-9.1
1.3
-12.3
1.1
-13.7
2.2
-14.0
1.2 25
-18. 1 26
10 Net financial investaent
11
Net acg. of financial assets
Deaand deposits * currency
12
13
Consuaer credit
14
Hiscellaneous assets
Insurance receivables
15
Eguity in spons.ags. (2)
16
17
18
19
20
21
22
23
24
25
26
Net increase in liabilities
Credit aarket instruaents
Hortgages
Bone aortgages
Hulti-fa aily
Coaaercial
Bank loans n.e.c.
Other loans
Trade debt, net
Proprietor net investaent
(1) Fara plus nonfarn change in work in process.
(2) Shares in FICB*s, Banks for Coops, and Federal Land Banks.
11/83 BASED OB PBELIHIHABY AND INCOHPLETE INFOBHATION
♦
AUGUST 31, 1983
Total and Noncorporate Business
Total and Noncorporate Business
Sector Stateaents of Sarin? and Inrestaent
9
SEASONALLY ADJUSTED ANNUAL BATES
1978
1979
1980
1981
SEASONALLY ADJUSTED ANNUAL BATES
I
|
1982
Monfiaancial
1
2
314.6
223.4
343 .6
24 3.9
317.9
253.8
330.8
303.3
272.5
321. 1
1962
I
III
II
IV
I
1
1983
I
II
Business - Total
279.1
312.0
272.7
320.5
270.4
325.8
267.9
326.0
275.8
332.3
312.0 Income before taxes
348.5 Gross sarin?
1
2
3
3
199.5
244.9
240.7
261.7
263.4
241.2
270.0
268.9
273.5
283.0
294.0 Gross inrestaent
*
5
6
7
8
9
10
271.2
242-7
230.7
2.6
9.4
26.5
2.0
295.9
276.9
269.2
.2
7.5
14.3
4.7
287.9
292.7
286.5
-.2
6.4
-9.8
5.0
357.5
334.2
326.5
-2.3
10.0
18.5
4.8
317.2
333.9
320.3
2.6
11.0
-24.5
7.8
326.6
343.3
334. 1
-1.0
10. 1
-25.7
9.0
331.6
337.6
325.0
2.4
10.2
-11.2
5.2
324.9
326.6
314.0
3.3
9.3
-4.9
3.2
281.6
324.3
308.1
5.8
30.5
-56.4
13.7
290.0
326.6
302.6
11.8
12.3
-39.4
2.7
337.7 Capital expenditures
4
331.2
Fixed inrestaent
5
305.7
Business plant * equipment 6
13. 1
Hone construction (1)
7
12.4
Multi-faaily residential
8
-11.9
Change in inrentories
9
18.4
Hineral rts. fron U.S. Gort. 10
II
12
13
14
15
16
17
18
19
-71.6
98.5
170. 1
-. 1
127.6
28.8
37.4
33.3
28.1
-51.0
134. 1
185.2
-7.8
151-7
27.3
40.8
49.3
34.3
-47.2
103.9
151. 1
12.9
126. 1
37.5
34.9
33. 1
20.7
-95.8
69.3
165. 1
-11.5
159.6
35.5
33.4
50.4
40.3
-53.8
25.3
79. 1
11.4
111.5
34.0
24.6
52.0
•8
-85.4
-9.3
76. 1
-1.1
142.9
26.0
28.2
73.5
15. 1
-61.6
49.5
111. 1
15. 1
123.0
23.3
28.6
63.5
7.5
-56.0
34.8
90.8
-1.1
127.3
42.0
17.0
55.3
13.0
-8.2
26.5
34.7
32.6
52-7
44.6
24.6
15.8
-32.3
-7.0
80.4
87.3
35.3
68. 1
28.3
30.4
13.4
-4. 1
20
21
53.8
-11.1
55.6
-14.4
41.0
-28.8
28.7
-11.7
-14.0
-29.7
-18.7
-47.0
-5.9
-21.2
-9.0
-26.5
-22.5
-28.0
-5.0
-11. 1
22
23.8
-1.0
13. 1
41.6
57.7
70.8
50.5
56.9
52.5
49.3
54.5 Discrepancy
-43.6 Net financial inrestaent
72.3
Net acq. of financial assets
116.0
Net increase in liabilities
29.2
Corporate equities
76.5
Credit aarket instruaents
34.9
Bonds
49.3
Bortgages
-1.2
Bank loans n.e.c.
Other loans
-6.5
4.5
5.9
Trade debt
Other liabilities
11
12
13
14
15
16
17
18
19
20
21
22
Fara Business
1
26.3
31.9
21.8
30.5
21.5
27.4
16.8
15.8
26.0
22.2
23.6 Net incoae
1
2
3
4
5
6
.2
14.2
1.6
12.6
14.4
.1
16.3
1.9
14.4
16.4
-.5
18.6
2.2
16.4
18. 1
-.4
20.7
2.5
18.2
20.3
*
21.9
2.7
19.2
21.9
*
21.4
2.6
18.8
21.4
*
21.7
2.6
19.0
21.6
-. 1
22.0
2.7
19.3
21.9
.1
22.5
2.8
19.8
22.6
-.1
22.4
2.8
19.7
22.3
. 1 Net saring
22.6 Capital consuaption
2.8
Corporate
19.8
Noncorporate
22.7 Current surplus = gross saring
2
3
4
5
6
7
8
9
10
11
14.4
20.4
17.6
1.7
1.1
16.4
27.2
19.9
1.7
5.7
18. 1
15.2
18.7
1.8
-5.3
20.3
27.2
18.4
1.3
7.6
21.9
16. 1
16.0
1.5
-1.4
21.4
18.4
15.5
.9
1.9
21.6
15.1
15.8
1.6
-2.4
21.9
14.5
15.8
1.3
-2.6
22.6
16.5
16.9
2.3
-2.7
22.3
15.9
15.1
1.3
-.4
22.7 Gross inrestaent
16.4 Capital expenditures
16.4
Plant and equipaent
Besidential construction
1.5
Change in inrentories
-1.5
12
13
14
15
16
17
-5.9
2.1
.1
2.0
1.7
.3
-10.8
2. 1
.1
1.9
1.5
.4
3.0
2.0
.1
1.9
1.3
.6
-6.9
1.9
. 1
1.7
1. 1
.6
5.8
1.8
.1
1.7
1.3
•4
3.0
2.0
.1
1.9
1.2
.7
6.5
1.4
.1
1.3
1.3
♦
7.5
1.8
.1
1.6
1.3
.3
6.1
2.0
.1
1.9
1.3
.6
6.4
1.5
.1
1.4
1.3
.1
18
19
20
21
22
23
24
8.0
14.6
7.2
2.5
5.0
3.5
1.5
12.9
21.4
11.8
2.8
6.7
3.4
3.3
-1.0
14.4
9.3
.5
4.5
2.6
1.9
8.8
16.3
9.7
1.4
5.2
3.4
1.8
-4.0
9.0
5.2
3.2
.6
1.5
-.8
-.9
7.6
7.3
4. 1
-3.9
-1. 1
-2.8
-5. 1
10.5
4.5
4.8
1.2
.3
.9
-5.7
10.8
4.5
3.7
2.6
2.6
*
-4. 1
7.3
4.4
.3
2.6
4.2
-1.5
-4.9
.9
.6
3.8
-3.5
-. 1
-3.5
-4.9
-2. 1
6.0
-3. 1
-5.0
-2.6
-2.4
Net increase in liabilities
Credit market instruaents
Mortgages
Bank loans n.e.c.
ether loans
U.S. Government
Fed. Int. Credit Banks
18
19
20
21
22
23
24
25
26
1.6
-8.3
1.2
-9.6
1.0
-16.4
1. 1
-8.6
-.6
-12.4
-1.2
-7.3
-.9
-14.7
.3
-16.8
-.5
-11.0
.6
-6.5
.4
-3.1
Trade debt
Proprietor net investment
25
26
6.3 Net financial investaent
1.5
Net acq. of financial assets
.1
Denand deposits * currency
Hiscellaneous assets
1.3
Insurance receivables
1.3
*
Eg. in spons. ags. (2)
7
8
9
10
11
12
13
14
15
16
17
Nonfara Noncorporate Business
142. 1 Net incoae
57.9 Gross svg.=capital consuap.
1
2
110.8
33.2
120.8
38.7
118.7
46.2
117.7
52.3
119.6
58.7
114.8
57. 1
119.3
58.8
,20. 2
59.8
124.0
59.1
134.0
59.3
3
4
5
6
7
8
9
33.2
49.2
47.2
39.4
.4
7.3
2.0
38.7
4 9.3
49.6
45.5
-.8
4.9
-.4
46.2
51.6
52.9
50.0
-1.0
3.9
-1.3
52.3
68.7
67.5
61.9
-1.8
7.4
1.2
58.7
6 9.8
71.7
62-5
.5
8.7
-1.8
57. 1
65-9
70.6
63.7
-1.0
7. 8
-4.7
58.8
74.4
71.9
63.5
.4
8.0
2.4
59.8
70.3
70.7
62.7
1.0
7.0
-.5
59. 1
65.0
69.6
59.8
1.7
8.0
-4.6
59.3
71.7
73.7
58.9
5.3
9.4
-1.9
10
11
12
13
14
15
16
-16.0
4.4
1.4
3.0
2.9
.1
-10.6
4.8
1.8
3.0
2.9
.1
-5.4
3.0
.4
2.6
2.5
.1
-16.4
4.8
2.6
2. 1
2. 1
.1
-11.2
3.8
1.7
2. 1
2-0
*
-8.8
-1. 1
-3.3
2.2
2.0
.1
-15.6
10.9
9.1
1.9
2.0
-.1
-10.5
2.7
.6
2.1
2.0
.1
-5.9
2.7
.5
2.1
2. 1
.1
-12.4
5.5
3.4
2.1
2. 1
*
17
18
19
20
21
22
20.4
32.4
26. 1
.4
6.5
19.3
15.4
34.4
27.6
-.6
5.4
22.8
8.5
33.7
23.5
-.8
5.8
18.4
21.2
39.6
25.2
-1. 4
3.0
23.6
15.0
29.8
19.6
.4
.8
18.4
7.7
31.5
21.0
-.8
3.8
18.0
26-5
37.8
24.0
.3
1.7
21.9
13.2
26.5
13.9
.8
-2.5
15.6
8.5
23.3
19.5
1.4
*
18. 1
18.0
29.2
25.9
4.2
4.5
17. 1
17.9
40.0
36. 1
4.6
7. 1
24.4
23
24
.3
6.0
.6
6. 1
3.4
6.8
6.2
8.3
7.3
2.8
9.9
.6
9.3
4.5
6.8
5.8
3.3
.4
3.8
-.5
. 1
3.8
25
26
3. 1
-15. 1
.1
-19. 1
-.9
-24.4
-.2
-18.3
-3.3
-1 1.5
-2.5
-21.3
-3.8
-7.4
-4.5
-8.9
-2.5
-12.2
-1.9
-9.3
-.7
-21.4
57.9 Gross investaent
69. 1 Capital expenditures
69.7
Fixed capital
Plant and equipaent
54.5
5.8
Hoae construction (1)
9.4
Multi-family residential
-.6
Change in inventories
3
4
5
6
7
8
9
-11.2 Net financial investment
6.7
Net acq. of financial assets
Denand deposits + currency
Consuaer credit
4.5
Miscellaneous assets
2.2
Insurance receivables
2. 1
♦
Equity in spons.ags. (2)
10
11
12
13
14
15
16
Net increase in liabilities
Credit narket instrunents
Mortgages
Hoae aortgages
Multi-family
Commercial
Bank loans n.e.c.
Other loans
Trade debt, net
Proprietor net investment
(1) Farn plus nonfara change in work in process.
(2) Shares in FICB’s, Banks for Coops>, and Federal Land Banks.
BILLIONS OF DOLLARS.
11/83 BASED ON INCOMPLETE INFORMATION .
1
2
17
18
19
20
21
22
23
24
25
26
AUGUST 31, 1983
Nonfinancial Corporate Business
Nonfinancial corporate Business
Sector Stateaents of Saving and Investment
io
UNADJUSTED NET FLOWS ($ BILL)
UNADJUSTED NET ELONS(f HILL)
1982
I
II
III
IF
|
I
1983
I
II
1973
BILLIONS OF DOLLABS
1974
1975
1976
1977
Nonfinancial. Corporate Business, Excluding Earns
1
2
3
4
Profits before tax
- Profit tax accruals
- Doaestic net dividends
- Doaestic undist. profits
32,094
11,003
17,005
3,978
35,555
11,668
16,669
11,670
34,395
10,644
16,794
5,291
29,369
7,981
20,681
-1,971
28,366
10,516
17,828
-135
37,624
14,126
17,730
11,313
95.2
39.7
27.4
28. 1
105.1
41.8
30.9
32.4
106.7
41.0
31.7
34.0
134.5
52.4
38.2
43.9
156. 1
59.4
42.0
54.7
1
2
3
4
5
6
7
8
*
♦
*
-
Capital consuaption adj.
Depreciation charges, NIPA
Earnings rec. froa abroad
U.S. internal funds, book
-937
50,364
3,559
56,964
-408
51,437
3,610
66,309
511
52,395
2,348
60,545
1,619
53,098
4,721
57,467
3,960
53,141
2,355
59,321
6,762
53,518
3,578
75,171
2.6
67.2
6.4
104.4
-1.7
78.7
9.6
118.9
-9.6
93.8
6. 1
124.4
-12.9
103.6
8.2
142.9
-10.6
114.3
10.3
168.7
5
6
7
8
9 * Fgn. earnings ret. abroad
10 ♦ Inv. valuation adjustaent
11 - Total internal funds ♦ IVA
1,413
-1,890
56,487
2,279
-2,313
66,275
1,021
-1,725
59,841
2,850
-2,422
57,895
2,469
-1,376
60,414
1,637
-2,395
74,413
7.2
-20.0
91.7
6.7
-40.0
85.6
6.9
-11.6
119.7
6.0
-14.7
134.2
4.8 9
-16.2 10
157.4 11
12 Gross investment
13 Capital expenditures (1)
14
Fixed investnent
15
Plant and eguipaent
16
Hoae construction
17
Bulti-faaily residential
Inventory change ♦ IVA
18
19
Hineral rts. froa U.S. Govt.
44,078
57,211
58,259
63,122
-3,287
424
-3,302
2,254
56,482
65,555
67,237
63,945
2,688
604
-2,993
1,311
47,428 34,829
60,724 47,728
59,285 59,927
56,936 59,842
1,684
-542
627
665
636 -15,622
3,423
803
53,474
47,278
53,003
54,450
-1,977
530
-6,408
683
63,829
68,513
66,809
61,747
4,254
808
-2,894
4,598
91.2
121.5
104.5
102.4
-.5
2.7
13.8
3.2
85.4
137.9
115.4
114.0
-.4
1.8
16.0
6.5
113.6
109.7
117.7
116.3
.9
.5
-9.3
1.3
125.0
148.3
131.5
129.0
1.6
.9
12.8
4.0
140.9
175.1
152.7
149.2
2.0
1.5
19.9
2.5
-9,073 -13,296 -12,899
4,480
1,852 18,511
6,196
13,900
-4,684
8,729
-30.3
70.5
-52.5
52.2
3.9
41.2
-23.3
53.5
-34.2 20
62.5 21
-13,133
20 Net financial investnent
21
Net acg. of financial assets -5,109
22
23
24
25
26
Liquid assets
Deaand dep. and currency
line deposits
Secarity BP’s
Foreign deposits
12
13
14
15
16
17
18
19
-7,246
-4,923
-663
-175
-1,768
5,028
258
-1,205
778
873
7,965
-874
4,340
-569
-996
14,471
5,480
2,799
3,687
-479
7,031
-3,103
500
2,858
2,311
5,914
3,903
-174
2,060
300
12.9
1.4
4.7
8.6
1.2
6.0
1.2
3.8
-5.8
-.2
19.8
6.2
1.9
-.8
♦8
14.6
2.4
2.1
2.3
1.7
5,086
163
815
2,502
171
311
4,244
200
21
1,390
305
-1,870
-3.4
-.1
.6
2.3
.6
4. 1
8.7
-.2
3.1
2.1
-1. 1
5.0
-6.4 27
4 28
-. 1 29
2,074
112
6,340 -16,577
4,094
4,512
51
1,082
-98 -1,646
1,697
1,180
-2,163
3,505
5,527
1,424
14
1,410
654
-2,292
4,453
1,500
1,500
1.5
38.8
17.3
10.1
2.0
8.2
.6
32.3
13.3
8.9
1.2
7.8
.7
5.8
14.9
14.0
6.0
8.0
1.9
18.7
18.3
11.6
3.9
7.7
1.2
36. 1
21.5
11.5
5.1
6.4
3.7
2.8
4.8
1.2
1.3
22
23
24
25
26
27
28
29
U.S. Govt, securities
State*local obligations
Coaaercial paper
399
-157
41
-601
-111
5,036
30
31
32
33
34
35
Consumer credit
Trade credit
Hiscellaneous assets
Foreign dir. invest. (2)
Equity, etc.
Retained earnings
-2,518
1,781
2,874
2,674
1,346
1,328
412
-6,326
2,738
2,128
1,012
1,116
36
37
38
Insurance receivables
Equity in sponsored ags.
Other
754
-3
-551
659
-49
630
75
2,307
667
3,794
687
3
3,413
701
4
2,248
2.0
2. 1
4
2.2
2.2
4
-1.4
3.4
5.2
3.2
4.4 36
. 1 37
5.5 38
8,024
20,365
-278
10,925
27,171
3,784
31,807
22,767
-265
17,379
13,757
8,145
7,704
13,263
8,836
13,413
21,368
7,289
100.7
56.7
7.9
104.7
70.2
4. 1
37.3
30.8
9.9
76.8
54.7
10.5
96.7 39
72.4 40
2.7 41
20,643
3,640
1,733
23,387
3,324
3,031
23,032
4,302
5,936
5,612
3,877
8,142
4,427
2,454
3,445
14,079
2,883
6,243
48.8
1.8
9.2
66. 1
1.6
19.7
20.9
2.6
27.2
44.2
2.5
22.8
69.7 42
6.7 43
22.9 44
847
1,348
-246
-255
-569
-434
103
-238
-1,696
-1,582
92
-206
3,968
3,403
747
-182
1.8
-.4
2.5
-.2
.9
-.3
1.4
-.2
-1.1
.7
.3
-2. 1
2.4
1.2
1.2
-
3.5
1.6
2.0
-. 1
12,341
6,214
-2,015 -11,738
356
568
446 -1,482
600
819
-2,526
2,546
-1,386
1,290
300
-299
-1,614
-38
2,636
300
29.6
1.4
-5
4.1
.3
31. 1
4. 1
1.3
5.8
1.5
-9.1
-2.9
.2
3.8
.2
5.2
1.4
1.3
8.4
.2
20.9
1.6
.6
13.5
-2.4
6.3
2.6
1.4
1.2
7.5
10.3
4.3
2.7
1.7
-1.5
22. 1
3.7
2. 1
1.6
6.0
9.2
16.5 59
—
Net increase in liabilities
Net funds raised in alts.
Net new eguity issues
39
40
41
Debt instrunents
Tax-exempt bonds (3)
Corporate bonds (2)
42
43
44
45
46
47
48
Hortgages
Hone nortgages
Hulti-faaily
Coaaercial
-2,512
-2,630
423
-305
2,066
2, 151
208
-293
49
50
51
52
53
Bank loans n.e.c.
Coaaercial paper
Acce ptances
Finance coapany loans
U.S. Government loans
10,916
7,114
-577
139
190
12,039
1,905
54
55
56
57
58
Profit taxes payable
Trade debt
Fgn.direct invest, in U.S.
Equity, etc.
Retained earnings
59 Discrepancy
60
61
62
63
64
65
66
67
389
430
203
-5,145 -12,558
-9,276 -6,580
2,892
2,080
2,883
1,943
137
9
12,409
Heaorandua iteas:
11,057
Trade credit net of trade debt
Profits tax payments
17,423
Debt subtotals:
2,861
Securities and aortgages
Loans and short-tera paper
17,782
Total short-tern liab. (4)
3,361
Per cent ratios:
Effective tax rate
34,283
Capital outlays/internal funds 101,281
Cr. akt. borrowing/cap. exp.
36,082
(1) Capital outlays on book basis:
68 Inventory change, NIPA
-3,302
69 Less: Inv. val. adjustaent
-1,890
70 Inventory change before IVA
-1,412
9,793
254
24,854
4
45
46
47
48
49
50
51
52
4 53
1,316
5,089
2,635
2,784
-149
225
617
2,780
2,941
-161
1,084
-8,267
1,624
1,568
56
-4,454
-5,501
2,000
2,000
2.4
38.9
2.8
1.9
.9
1. 1
28.7
4.8
3.7
1.1
12,413
23,066
6,940
10,584
.5
.2
1,251 -17,194
6,717
7,683
11,772
10,304
3,209
19,709
-. 1
37.5
3.6
41.5
-.5
42.4
8.4
45.2
14.0 60
59.9 61
__
54
55
56
57
58
11,085
11,947
18,352
11,450
-5,838
-4,996
4,203
224
-6,959
13,094
985
-8,970
12.8
36.0
77.3
22.2
43.9
73.6
28.7
-7.9
-4.0
27.7
16.5
34.2
33.1 62
36.6 63
57.2 64
32,816 30,946
98,913 101,475
35,675 37,928
27,174
82,438
11,758
37,072
78,256
9,363
37,545
92,071
20,549
41.7
132.4
40.2
39.8
161.0
47.9
38.4
91.7
19.0
39.0
110.5
29.8
38.0 65
111.3 66
39.8 67
- 636 -15,622
-1,725 -2,422
2,361 -13,200
-6,408
-1,376
-5,032
-2,894
-2,395
-499
13.8
-20.0
33.7
16.0
-40.0
55.9
-9.3
-11.6
2.2
12.8
-14.7
27.5
19.9 68
-16.2 69
36. 1 70
62,449
60,545
48,654
59,321
70,908
75,171
141.4
104.4
177.8
118.9
121.3
124.4
163.0
142.9
191.3 71
168.7 72
-7,317 -10,667
-4,263
37.0
59.0
-3. 1
20. 1
22.5 73
8,421
14,966
-4,172
-2,993
-2,313
-680
71 Total cap. expend, before IVA
59,101 67,868
56,964 66,309
72 U.S. internal funds, book
Financing gap;
Excess of capital expenditures
2,137
1,559
73
over U.S. internal funds
1,904
50,150
57,467
(2) Corporate bonds include net issues by Netherlands Antilles subsidiaries,
and U.S. foreign direct investnent is before subtracting reflovs of
capital froa Netherlands Antilles subsidiaries' foreign financing.
(3) Industrial revenue bonds. Issued by state and local governaents
to finance private investnent and secured in interest and
principal by the industrial user of the funds.
(4) Loans (except mortgages) , short-tera paper, profit taxes payable, and
trade debt.
Includes loans due in sore than one year and excludes
current maturities of securities and aortgages.
11/83 BASFD ON PRELIHINART AND INCOHPLETE INFOBHATION
♦
30
31
32
33
34
35
AUGUST 31, 1983
nonfinancial Corporate Business
Nonfinancial Corporate Business
Sector Statenents of Saving and Investnent
ll
SEASONALLY ADJUSTEO ANNUAL BATES
1978
1979
1980
1981
SEASONALLY ADJUSTED ANNUAL BATES
1982
|
1
1982
11
I
III
IV
|
11
1983
I
II
Nonfinancial Corporate Business, Excluding Faris
1
2
3
8
177.5
66.6
48.0
62.8
190.9
68.9
54.7
67.3
177.4
66.7
61.7
49.0
182.6
65.3
67.6
49.7
131.4
41.3
71. 1
19.0
136.9
45.7
70.4
20.7
136.5
43.7
70.0
22.9
134.4
42. 1
71.6
20.7
117.9
33.6
72.6
11.6
119.6
41.9
73.9
3.8
146.4
54.1
74.5
17.8
Profits before tax
- Profit tax accruals
- Doaestic net dividends
» Doaestic undist. profits
5
6
7
8
-12.1
129.2
10.5
190.5
-13.7
147.7
15.1
216.4
-14.3
167.8
18.2
220.7
-8.8
189.7
14.4
245.0
.8
207.3
14.2
241.3
-3.7
201.5
15.5
233.9
-1.6
205.7
14.5
241.5
2.0
209.6
13.3
245.7
6.5
212.4
13.6
244. 1
15.8
212.6
10.8
243.0
27.0
214.1
14.3
273.2
♦
v
♦
-
Capital consunption adj.
Depreciation charges, NIPA
Earnings rec. from abroad
U.S. internal funds, book
5
6
7
8
9
10
11
9.2
-24.0
175.7
15.5
-43. 1
188.8
11.7
-42.9
189.5
9.3
-23.6
230.6
7.6
-8.4
240.5
5.2
-5.5
233.5
7.2
-8.5
240.2
7.4
-9.0
244.0
10.5
-10.3
244.3
9.4
-1.7
250.7
4.4 * Fgn. earnings ret. abroad
-9.8 ♦ Inv. valuation adjustment
267.8 = Total internal funds * IVA
9
10
11
12
13
14
15
16
17
18
19
151.9
201.6
176.2
173.7
.4
2.0
23.4
2.0
189.8
219.4
205.7
203.9
-.8
2.6
9.0
4.7
176.4
221.2
219.3
217.8
-1.0
2.5
-3.2
5.0
189. 1
261.6
247. 1
246.2
-1.8
2.6
9.7
4.8
182.8
231.2
244.7
241.8
.5
2.3
-21.3
7.8
162.7
242.4
256.3
254.9
-1.0
2.3
-22.9
9.0
189.6
242.2
24 8.2
245.6
.4
2.2
-11.3
5.2
187.1
240. 1
238.8
235.5
1.0
2.3
-1.9
3.2
191.8
200.2
235.6
231.4
1.7
2.5
-49.1
13.7
20 1.4
202.4
236.7
228.5
5.3
2.8
-37.0
2.7
213.4 Gross investnent
252.1 Capital expenditures (1)
243.6
Fixed investnent
234.8
Plant and equipaent
5.8
Hone construction
3.0
Hulti-fanily residential
-9.8
Inventory change ♦ IVA
18.4
Mineral rts. fron O.S. Govt.
12
13
14
15
16
17
18
19
20
21
-49.7
92.0
-29.7
127.3
-44.7
98.9
-72.5
62.7
-48.4
19.7
-79.6
-10.3
-52.5
37.1
-53.0
30.3
-8.4
21.8
-1.0
73.3
22
23
24
25
26
9.8
4.4
2.0
5.5
2.0
19. 1
6.3
4.7
2.6
1.5
17.2
10.0
4.0
6.6
1.1
15.4
-.6
14.9
«
.5
20.2
-. 1
5.3
3.7
-2.4
-1.6
1.9
2.6
-.7
-7. 1
31.1
-.8
3.4
3.1
3.5
15.9
.1
9.8
-2.3
-4.0
35-5
-1.4
5.3
14.7
-1.9
61.7
10.5
8.5
11.4
9.2
32.4
12.5
8.0
8.2
1.2
27
28
29
-4.5
.2
.2
-1
*
3.9
-3.2
-.2
-1. 1
-1.4
•
2.0
7.4
.1
6.2
-. 1
-.6
2.4
.5
-.4
21.8
15.0
.7
-3.4
14.2
.7
4.0
17.8
.8
3.4
8.0
1.2
-6.7
30
31
32
33
34
35
1.8
56.0
24.5
15.7
4.4
11.3
1.6
71.4
35. 1
26.6
7.6
19.0
.4
49. 1
32.3
21.9
4.9
17.0
2. 1
23.6
2 1.6
12.8
-.7
13.5
.1
-14.8
14.2
5.9
.6
5.3
-2.5
-15.8
9.6
9.6
4.2
5.3
2.4
-8.2
11.9
7.4
2.9
4.5
-1.0
-3.0
18.3
6.3
1.6
4.7
1.4
-32.1
17.0
.5
-6.3
6.8
-.8
-8. 1
20.6
4.9
-.7
5.6
3.3
9.4
19.0
4.8
-1.2
6.0
30
Consumer credit
31
Trade credit
Miscellaneous assets
32
Foreign dir. invest. (2) 33
34
Equity, etc.
35
Retained earnings
36
37
38
5.6
•
3.2
5.5
.1
2.9
4.7
*
5.7
3.7
5.2
2.7
.1
5.5
3.0
*
-2.9
2.6
1.9
2.5
.3
9.2
2.7
13.9
2.7
*
12.9
2.8
*
11.3
Insurance receivables
36
Equity in sponsored ags. 37
38
Other
39
40
41
141.8
80.5
-.1
156.9
88.2
-7.8
143.7
90.9
12.9
135.2
92.2
-11.5
68.1
84.1
11.4
69.3
102.8
-1. 1
89.7
89.9
15.1
83.4
89.0
-1.1
30.2
54.6
32.6
74.3
73.3
35.3
102.9
67.7
29.2
42
43
44
80.6
7.7
21. 1
96.0
10.0
17.3
78. 1
10.9
26.7
10X7
13.4
22. 1
72.7
15.1
18.8
103.9
14.6
11.5
74.8
13.3
10.0
90.0
17.2
24.8
22.0
15.5
29.1
37.9
9.8
18.5
38.5
11.5
23.3
45
46
47
48
4. 1
.4
2.7
1. 1
1.4
-.6
2.4
-.4
2.0
-.8
3.0
-.2
-1.5
-1.4
1.3
-1.3
-.2
.4
.5
-1.1
-. 1
-.8
1.8
-1.2
.2
.3
1.0
-1.2
-1.4
.8
-1.2
-1.0
.7
1.4
.2
-1.0
3.9
4.2
.5
-.8
7.1
4.6
3.2
-.7
49
50
51
52
53
30.6
2.7
1.2
1 1.5
1.7
45.9
9.0
1.0
10.2
1.2
29. 1
4.0
.8
3.1
1.5
42.9
14.7
2.2
8.7
1.2
41.5
-4.7
.7
-.5
1.8
59.6
17.2
-3.9
4.3
.8
49.5
.3
1.6
-1.0
.8
44.9
-11.4
4.3
8.4
3.3
12.1
-25.0
.9
-13.6
2.4
5.7
-2.9
-7.8
9.5
1.2
1.8
-14.4
.2
7.8
1.2
54
55
56
57
58
4.3
49.1
7.9
5.3
2.6
2.5
54.4
11.9
7.9
4.0
-1.7
40.8
13.7
7.5
6.2
-6.8
27.8
22.0
18.2
3.8
-16.2
-10.2
10.4
10.6
-.2
-26.7
-15.0
8.3
7.8
.5
-10.7
-1.1
11.6
11.5
«
-11.3
-4.8
10.5
11. 1
-.6
-16.0
-19.5
11.1
11.8
-.6
-1.8
-3.7
6.5
6.3
.2
22.4
4.8
8.0
8.0
59
23.8
-1.0
13. 1
41.6
57.7
70.8
50.5
56.9
52.5
49.3
54.5 Discrepancy
20
-38.8 Net financial investnent
64.1
Net acg. of financial assets 21
60
61
6.9
63.8
17.1
68.1
8.3
69.0
-4.2
71.0
-4.6
56.7
-.7
71.6
-7.1
53. 1
1.9
53.5
-12.6
48.6
-4.4
41.7
4.6
32.4
62
63
64
32.9
47.7
101.0
28.7
67.3
124.2
39.6
38.5
77.6
34.0
69.7
90.6
33.8
38.9
12.5
25.9
78.0
36.2
23.5
51.3
39.5
40.6
49.4
33.3
45.2
-23.2
-58.7
32.2
5.7
.2
42.0
-3.5
23.7
65
66
67
37.5
114.7
40.0
36.1
116.2
43.8
37.6
116.7
35.3
35.7
113.4
39.6
31.4
96. 1
31.4
33.4
103.8
42.9
32.0
100.8
30.9
31.3
98.4
37.5
28.5
81.9
11.0
35.0
80.7
18.7
36.9
94. 1
15.3
68
69
70
23.4
-24.0
47.5
9.0
-4 3. 1
52.1
-3.2
-42.9
39.7
9.7
-2 3.6
33.3
-21.3
-8.4
-12.9
-22.9
-5.5
-17.4
-1 1.3
-8.5
-2.7
-1.9
-9.0
7.2
-49. 1
-10.3
-38.8
-37.0
-1.7
-35.3
71
72
225.6
190.5
262.6
216.4
264.0
220.7
285.2
245.0
239.6
241. 3
247.9
233.9
250.7
241.5
249.2
245.7
73
35. 1
46.2
43.3
40.2
-1.7
14.0
9.2
3.5
http://fraser.stlouisfed.org/
BILLIONS OF DOLLABS.
Federal Reserve Bank of St. Louis
Liquid assets
Deaand dep. and currency
Tiae deposits
Security BP’s
Foreign deposits
U.S. Govt, securities
State*local obligations
Coaaercial paper
Net increase in liabilities
Net funds raised in nkts.
Net nev equity issues
Debt instruaents
Tax-exeapt bonds (3)
Corporate bonds (2)
22
23
24
25
26
27
28
29
39
40
41
42
43
44
Mortgages
Home nortgages
Multi-faaily
Coaaercial
45
46
47
48
Bank loans n.e.c.
Coaaercial paper
Acceptances
Finance company loans
U.S. Government loans
49
50
51
52
53
54
Profit taxes payable
55
Trade debt
Fgn.direct invest, in U.S. 56
57
Equity, etc.
58
Retained earnings
Henorandun items:
Trade credit net of trade debt
Profits tax payments
Debt subtotals:
Securities and mortgages
Loans and short-tera paper
Total short-term liab. (4)
Per cent ratios:
Effective tax rate
Capital outlays/internal funds
Cr. mkt. borrouing/cap. exp.
(1) Capital outlays on book basis:
-9.8 inventory change, NIPA
-9.8 Less: Inv. val. adjustment
• Inventory change before IVA
204.1
210.5
261.9 Total cap. expend, before IVA
244. 1
243.0
27 3.2 U.S. internal funds, book
Financing gap : Excess of capital expenditures
-33.6
-39.0
over U.S. internal funds
-11.3
(2) Corporate bonds include net issues by Netherlands Antilles subsidiaries,
and U.S. foreign direct investnent is before subtracting reflows of
capital fron Netherlands Antilles subsidiaries* foreign financing.
(3) Industrial revenue bonds. Issued by state and local governaents
to finance private investnent and secured in interest and
principal by the industrial user of the funds.
(4) Loans (except nortgages), short-tern paper, profit taxes payable, and
trade debt. Includes loans due in nore than one year and excludes
current maturities of securities and nortgages.
11/83 BASED ON INCOMPLETE INFORMATION.
1
2
3
4
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
AUGUST 31, 1983
State and local Govts, and foreign
State and Local Govts, and Foreign
Sector Statements of Saving and Investnent
UNADJUSTED NET FLOWS($ HILL)
UNADJUSTED NET FLOWS(S HILL)
1982
I
II
1983
III
IV
|
I
II
1973
BILLIONS OF DOLLARS
1974
1975
1976
1977
State and Local Governnents - General Funds (1)
1 Total receipts, NIA basis
2
Tax receipts
3
Social insurance receipts
4
Grants-in-aid received
5 Total expenditures, NIA basis
6
Purch. of goods and services
7
Net interest and transfers
8 Net surplus, NIA basis
9 - Retirenent credit to HH
10 = Gross saving
106,326 110,153 103,740 118,838 115,202 121,549
77,561
80,278 74,612 87,638 84,700 90,529
8,510
8,681
8,851
9,034
9,225
9,375
20,255 21, 194 20,277 22,166 21,277 21,645
195.0
141.5
13.0
40.6
211.4
152.8
14.6
43.9
237.7
166.3
16.8
54.6
267.8
187. 1
19.5
61.1
297.7
208.1
22. 1
67.5
1
2
3
4
96,498 101,233 104,970 105,094 102,529 106,929
92,244 96,963 100,557 100,731 98,199 102,636
4,254
4,270
4,413
4,330
4,363
4,293
181.6
168.5
13.1
204.6
193. 1
11.5
232.2
217.2
15.0
251.2
232.9
18.3
269.7
250.4
19.3
5
6
7
9,828
9,4 14
414
8,920
8,949
-29
-1,230
6,548
-7,778
13,744
10,324
3,420
12,673
12,012
661
14,620
11,216
3,404
13.4
9.5
3.9
6.8
9.7
-2.9
5.5
11.3
-5.8
16.6
12.9
3.7
28.0 8
15.9 9
12. 1 10
-4,736
-2,902
-2,273
4,614
249
-1,678
10,712
531
-1,374
-313
-2,604
6,055
-1,219
2,159
900
-92
14,248
794
608
-709
-4,872
-452
-2,374
1,030
1,056
1,354
20,409
2,157
-4,915
853
1.4
15.4
-.6
7.2
2.4
-7.8
9.5
-.5
5.7
3.6
-12.7
2.4
.8
-2.0
1.0
-4.6
11.1
-.9
2.1
-
6.9
23.0
.8
7.0
1.0
11
12
13
14
15
Credit narket instrunents
U.S. Govt, securities
Treasury issues
Agency issues
State*local obligations
Hortgages
-2,333
-3,958
—4,174
216
485
1,140
14,625
13,648
12,225
1,423
-40
1,017
2,418
812
-205
1,017
262
1,344
12,112
10,442
9,395
1,047
244
1,426
2,442
404
-875
1,279
568
1,470
25,092
23,029
21,894
1,135
63
2,000
5.6
3.7
-1.0
4.7
.2
1.7
.1
-2.9
-5.5
2.5
.5
2.5
1.9
-2.1
-1.7
-.4
2.4
1.6
7.7
4. 1
2.2
1.9
2.4
1.3
12.4
11.3
9.6
1.7
.6
.6
16
17
18
19
20
21
Taxes receivable
-3,159
-2,757
1,797
1,443
-2,606
-2,778
.8
.7
.6
2.2
1,834
1,592
1,348
-9 15
2,263
244
12,390
12,168
11,630
3,728
7,902
538
8,659
8,443
8,396
2,020
6,376
47
14,340
14,118
14,018
803
13,215
100
4,420
4, 194
4,094
-5,237
9,331
100
19,055
18,829
18,729
1,569
17,160
100
14.0
13.2
12.9
.3
12.6
.3
17.3
15.5
14.8
2.7
12. 1
.7
15.0
13.7
13.5
-.3
13.8
.2
15.7
15.2
13.2
-4.1
17.2
2.0
222
216
29
Trade debt
242
5,150
1,649 -5,174
30 Discrepancy
(D Employee retirenent funds are in insurance sector.
222
3,512
226
5,533
226
2,050
.8
2.6
1.8
4.9
1.3
6.8
.5
8.3
11 Net financial investnent
12
Net acg. of financial assets
13
Denand dep. and currency
14
Tiae deposits
Security RP’s
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Net increase in liabilities
Credit narket borrowing
State*local obligations
Short-tern
ether
U.S. Government loans
1.8 22
16.1
15.4
15.2
-2.9
18. 1
.2
23
24
25
26
27
28
.7 29
5.3 30
Foreign Sector
5,728
87,381
81,653
6,823
90,712
83,889
-2,366
83,591
85,957
-336
78,531
78,867
1,132
78,273
77,141
-4,062
80,908
84,970
7.0
101.4
94.5
6.7
138.4
131.7
19.9
146.9
127.0
7.7
163.2
155.4
-8.8
176.3
185.1
1
2
3
4 - Transfers to foreign
5 - U.S. Govt, interest paid
6 - O.S.current a/c net receipts
* Net corporate earnings
7
retained abroad
8 = Fgn. current acct. balance
(U.S. balance, sign reversed)
1,773
4,467
-512
1,784
4,354
685
1,700
4,716
-8,782
2,204
4,692
-7,232
1,513
4,409
-4,790
1,507
4,400
-9,969
3.9
3.8
-.8
4.2
4.3
-1.8
4.0
4.5
11.4
4. 1
4.5
-.9
4.1
5.5
-18.5
4
5
6
1,413
-901
2,279
-2,964
1,021
7,761
2,850
4,382
2,469
2,321
1,637
8,332
7.2
-6.5
6.7
-4.9
6.9
-18.3
6.0
-5.1
4.8
13.6
7
8
9 Net financial investnent
Net acg. of financial assets
10
11
Gold and SDR’s (1)
O.S. demand deposits
12
U.S. tine deposits
13
14
Net interbank clains
-4,754
-530
-398
-3,500
1,320
-2,182
-7,391 -8,632
4,553 -7,179
-434
-289
1,096 -1,855
2,559
471
-7,425 -13,270
-9,468
4,651
-297
599
1,438
-7,244
-3,916
712
-88
478
-1,026
-8,546
-782
11,782
-249
796
1,115
4,197
-4.5
15.0
*
2.9
2.8
-2.7
-2.5
26.6
-.2
2.8
7.7
*
-24.0
5.5
♦
-.3
1.5
-9.8
-14.7
25.6
-. 1
3.2
-1.9
-5.7
16.5
40.8
-.2
2.4
-.4
-.7
9
10
11
12
13
14
-5
2.7
39.6
31.5
3.8
4.4
15
16
17
18
19
1 Net U.S. export receipts
2
U.S. export receipts
3 - U.S. inport paynents
927
1,210
-539
2,290
-541
989
5,860
1,096
5,124
-360
439
6,627
4,429
1,448
750
1,598
3,874
2,990
1,230
-346
2,650
4,691
6,766
220
-2,295
1,233
2,500
1,178
739
583
2.8
.6
.2
.1
.3
11.2
3.7
.9
6.6
4.7
6.1
8.1
.6
-2.6
2.8
15.2
11.6
.9
2.7
-766
352
-1,012
635
-463
-135
*
1.0
*
1.8
.1
1.6
3.4
Miscellaneous assets
Cxr. investnent in U.S.
Eguity, etc.
Betained earnings
Other
2,859
2,080
1,943
137
779
1,411
2,892
2,883
9
-1,481
1,855
2,635
2,784
-149
-780
4,048
2,780
2,941
-161
1,268
3,016
1,624
1,568
56
1,392
2,325
2,000
2,000
325
7.5
2.8
1.9
.9
4.7
2.7
4.8
3.7
1. 1
-2.0
1.7
2.6
1.4
1.2
-.9
8.8
4.3
2.7
1.7
4.4
Net increase in liabilities
O.S. off. fgn. exchange
* net IMF position
U.S. private deposits
4,224
11,944
1,453
14,119
4,628
12,564
19.4
29.2
29.5
40.4
24.3 27
689
1,852
911
1,611
363
-1,381
1,653
461
683
-2,266
533
762
-. 1
1.2
1.3
-.2
.8
.8
2.5
1.7
. 1 28
1.3 29
-214
1,126
780
101
3,488
429
105
4,713
3,193
1,320
6,345
2,207
993
2,208
812
1,837
5,016
1,385
-.2
6.3
1.0
-.2
15.0
2. 1
.2
11.3
6.2
.3
19-3
8.6
.4 30
13.5 31
5. 1 32
15
16
17
18
19
U.S. corporate eguities
Credit narket instrunents
U.S. Govt, securities
U.S. corporate bonds (2)
Open-narket paper
20
21
Security credit
Trade credit
22
23
24
25
26
27
28
29
30
31
32
Foreign corporate eguities
Credit narket instrunents
Corp, and foreign bonds
20
1.7 21
-4.3
3.7
2. 1
1.6
-8. 1
22
23
24
25
26
33
34
35
36
33
34
35
36
Bank
To
To
To
loans n.e.c.
foreign official
foreign banks
other foreign
-4,370
-652
346
-4,064
43
709
-1,057
391
-1,062
414
-190
-1,286
-764
-519
1,626
-1,871
4,400
1,255
781
2,364
-117
-490
-16
389
2.8
.4
1.6
.7
4.0
.3
3. 1
.6
2.0
.3
1.1
.7
5.6
.9
4.2
.5
3. 1
. 1
2.7
.3
37
38
Open-market paper
U.S. Government loans
4,100
616
2,133
883
130
2,452
4,346
556
-4, 195
1,191
2,328
1,420
.9
1.7
7.3
1.6
.3
2.8
1.9
3.3
2.4 37
3.0 38
-355
-351
-1,056
-200
-200
-.2
1.9
»
-1,308
3. 1
.1
.7
.3
- 39
.5 40
2,079
250
52
2,674
1,346
1,328
-897
6,188
600
2
2,128
1,012
1,116
3,458
-1,996
50
-11
1,082
-98
1,180
-3,117
5,396
374
-94
51
-1,646
1,697
5,065
3,210
52
-69
1,424
14
1,410
1,803
4,616
129
-49
1,500
1,500
3,036
10.6
.3
.6
10.1
2.0
8.2
-.5
10.2
.6
-.6
8.9
1.2
7.8
1.3
15.6
.7
♦
14.0
6.0
8.0
.9
16.3
1. 1
-.1
11.6
3.9
7.7
3.7
3,853
4,427
16,393
13,850
6,237
9, 114
-2-0
-2.4
5.7
9.6
39
40
Security debt
Trade debt
41
42
43
44
45
46
47
Miscellaneous liabilities
U.S.eguity in IBRD, etc.
U.S. Govt, deposits
U.S. dir. inv. abroad (2)
Eguity, etc.
Betained earnings
Other
48 Discrepancy
(1) U.S. net sales, sign reversed.
(2) Corporate bonds include net issues by Netherlands Antilles subsidiaries,
and U.S. foreign direct investnent is before subtracting reflows of
capital fron Netherlands Antilles subsidiaries’ foreign financing.
11/83 BASED ON PRELIMINARY
AND INCOMPLETE INFORMATION
8.4
.7
•
11.5
5. 1
6.4
-3.8
41
42
43
44
45
46
47
-2.9 48
AOGOST 31, 1983
State and Local Govts, aad Foreign
State and Local Govts, and Foreign
Sector Stateaents of saving and Investnent
13
SEASONALLY ADJUSTED ANNUAL BATES
SEASONALII ADJUSTED ABNUAL BATES
1978
1979
1980
1981
1982
I
I
1982
I
II
IV
III
I
|
1983
I
II
State and Local Governnents - General Funds (1)
1
2
3
4
327.6
225.7
24.7
77.3
352.0
244.0
27.4
80.5
386. 1
267.7
29.7
88.7
418. 1
297.6
32.6
87.9
439.1
320.1
35.1
83.9
425.9
309.4
34.0
82.5
436.8
317.0
34.7
85.1
442.8
324.4
35.4
83.0
450.7
329.6
36.1
85.0
461.7
339.1
36.9
85.8
478.4 Total receipts, NIA basis
354.1
Tax receipts
Social insurance receipts
37.5
Grants-in-aid received
86.8
1
2
3
4
5
6
7
297.3
278.3
19.0
321.5
306.0
15.5
355.5
340.8
14.8
382.7
366.5
16.3
407.8
390.5
17.3
397.2
380.0
17.1
404.8
387.5
17.3
411.4
394.0
17.5
417.8
400.5
17.3
421.3
404.0
17.4
426.8 Total expenditures, NIA basis
Porch, of goods and services
409.4
17.4
Net interest and transfers
5
6
7
8
9
10
30.3
20-7
9.6
30.4
16.2
14.2
30.6
26.5
4. 1
35.3
31.0
4.4
31.3
35.2
-4.0
28.8
37.7
-8.9
32.0
35.8
-3.8
31.3
26.2
5.1
32.9
41.3
-8.4
40.4
48.0
-7.7
11
12
13
14
15
2.2
23.1
-1.0
8. 1
2.0
2.3
24.5
-1.5
-1.0
4.0
-4.8
17.5
-.8
-1.7
*
1.3
12.1
-1.6
2.4
2.5
-9. 1
28.1
-2.2
6,0
-1
-13.8
5.3
-.2
9.5
1.0
-8.3
33.1
-4.4
5.8
-1.3
.1
31.4
-.4
8.5
3.6
-14.4
42.7
-3.7
.2
-2.8
-13.7
16.1
-.8
-5.1
4.2
16
17
18
19
20
21
13.2
11.3
5.7
5.6
-.7
2.5
21.5
15.6
8.7
6.8
-.5
6.3
19.1
9.0
6.5
2.5
.2
9.9
7.9
.1
-1.3
1.4
.2
7.6
26.8
20.9
17.2
3.7
1.0
4.9
-1. 1
-7.6
-8.4
.9
1.9
4.6
35.4
31.4
25.8
5.7
-.2
4.1
21.3
14.8
10.8
4. 1
1.0
5.4
51.8
45.1
40.9
4.2
1.0
5.7
51.6 Net surplus, NIA basis
44.9 - Betireaent credit to BH
6.7 = Gross saving
8
9
10
.7 Net financial investnent
68.4
Net acq. of financial assets
Deaand dep. and currency
1.9
Tiae deposits
-8.5
3.4
Security BP’s
11
12
13
14
15
19. 1
11.0
5.8
5.1
2.3
5.9
73.7
65.4
60.9
4.5
.3
8.0
Credit Market instrunents
U.S. Govt, securities
Treasury issues
Agency issues
Statevlocal obligations
Nortgages
16
17
18
19
20
21
Taxes receivable
22
22
.8
1.5
1. 1
.9
-2.7
-4.0
-2.4
-1.6
-2.7
-1.4
-2.0
23
24
25
26
27
28
20.9
19.1
20.7
.6
20. 1
-1.6
22.2
20.5
20.3
1.0
19.4
.2
22.3
20.3
19.4
1.7
17.7
.9
10.8
9.7
8.4
.9
7.5
1.2
37.2
36.3
35.4
5.6
29.8
.9
19. 1
18. 1
17.2
1.0
16.2
1.0
41.4
40.5
38.4
9.9
28.5
2.2
31.3
30.4
30.2
4.4
25.8
.2
57.1
56.2
55.8
7.2
48.6
.4
29.8
28.9
28.5
-16.4
44.9
.4
67.7
66-0
66.4
1.2
65.3
.4
29
30
1.7
7.4
1.6
11.9
2.0
8.8
1. 1
3.0
.9
5.1
1.0
5.0
.9
4.5
.9
5.0
Net increase in liabilities
Credit narket borrowing
State*local obligations
Short-tern
other
U.S. Governnent loans
23
24
25
26
27
28
.9
.9
.9
Trade debt
6.0 Discrepancy
6.1
6. 1
(1) Enployee retireaent funds are in insurance sector.
29
30
Foreign Sector
1
2
3
-10.3
206.9
217.3
-2.3
261.9
264.2
12.2
320.9
308.7
17.0
355.7
338.7
9.8
340.2
330.4
24.7
352.7
328.0
26.1
357.2
331.2
-6.5
339. 1
345.6
-4.9
311.8
316.7
7.6
317.3
309.7
-16.7 Net U.S- export receipts
U.S. export receipts
318.4
335.1 - U.s. inport paynents
1
2
3
4
5
6
4.5
8.7
-23.6
5.1
11. 1
-18.4
6.3
12.5
-6.6
6.6
16.8
-6.4
7.5
18.2
-15.8
7. 1
17.9
-.3
7.1
17.4
1.5
6.9
18.9
-32.2
8.7
18.8
-32.3
6. 1
17.6
-16. 1
4
5
6
7
8
9.2
14.3
15.5
2.9
11.7
-5. 1
9.3
-2.9
7.6
8.3
5.2
-4.8
7.2
-8.7
7.4
24.8
10.5
21.9
9.4
6.7
6.0 - Transfers to foreign
17.6 - U.S. Govt, interest paid
-40.3 » U.S.current a/c net receipts
♦ Net corporate earnings
4.4
retained abroad
35.9 - Fgn. current acct. balance
(U.S. balance, sign reversed)
9
10
11
12
13
14
2.8
58.9
1.2
-.2
1.1
5.7
-24.5
31.7
-. 1
4.2
1.2
22.3
-30.0
26.6
1. 1
V
1.2
-23.2
-28.8
32.7
-.7
-3.8
2.3
-7.0
-30.2
1.5
-1.4
-3.7
5.8
-30.1
-13.2
.4
-1.6
-5.6
6.4
-22.3
-23.7
16.1
-1.2
-4.0
8.0
-42.4
-44.4
-35.5
-1.7
-4.6
4.2
-60.2
-39.7
25.3
-1.2
—.4
4.5
4.4
-9.7
6.5
-.4
9.9
-2.9
-49.0
-1.0 Net financial investnent
Net acq. of financial assets
38.6
Gold and SDB’s (1)
-1.0
U.S. denand deposits
-6.0
U.S. tine deposits
1.7
Net interbank clains
.1
9
10
11
12
13
14
15
16
17
18
19
2.4
38.0
28.2
1.9
7.9
1.7
-4.6
-14.1
2.6
6.9
5.4
23.2
10.6
8.2
4.4
5.6
16.0
7.0
8. 1
.8
4.0
17.6
8.0
10.1
-.5
3.2
13.7
2.6
9.2
1.9
1.9
48.6
28.9
20.5
-.8
4. 1
13.2
8.2
5.8
-.8
6.5
-5.0
-7.6
4.9
-2.3
10. 1
32.0
36.0
.9
-4-8
2.7
32.5
26.5
3.0
3.1
20
21
3.0
.2
3.6
.3
-.8
-3.1
1.4
-4.0
2.5
-1.9
22
23
24
25
26
7.6
7.9
5.3
2.6
-.3
6.8
11.9
7.9
4.0
-5. 1
15.2
13.7
7.5
6.2
1.5
19.9
22.0
18.2
3.8
-2. 1
10.2
10.4
10.6
-.2
—.2
9.7
8.3
7.8
.5
1.4
3.7
11.6
11.5
«
-7.9
13.5
10.5
11.1
-.6
2.9
13.9
11. 1
11.8
-.6
2.8
U.S- corporate equities
Credit narket instrunents
O.S. Govt, securities
U.S. corporate bonds (2)
Open-narket paper
15
16
17
18
19
-.5
Security credit
Trade credit
20
21
8.5
6.5
6.3
.2
2.0
9.2
8.0
8.0
1.2
Miscellaneous assets
Dir. investnent in u.s.
Equity, etc.
Retained earnings
Other
22
23
24
25
26
Net increase in liabilities
U.S. off. fgn. exchange
♦ net IHF position
U.S. private deposits
28
29
27
56.0
56.2
56.5
61.5
31.7
13.6
39.7
8.8
65.0
16.2
39.7
28
29
.5
2.4
♦
6. 1
8. 1
2.8
3.3
12.6
3.6
2.5
2.8
7.4
3.6
6.4
1.5
-5.5
6.6
1.8
2.7
-9. 1
2. 1
3.0
30
31
32
-.5
33.8
4.2
.8
20.2
3.9
2.1
27.2
.8
V
27.2
5.4
1.3
15.7
6.6
-.9
11.6
3.1
.4
13.9
1.7
.4
11.9
12.8
5.3
25.3
8.8
4.0
15.8
3.2
7.3
19.6
5.5
33
34
35
36
19.1
2-1
9.5
7.4
2.3
2.1
— 4. 1
4.2
11.5
4.5
4.7
2.3
3.7
.8
-4.5
7.3
-6.2
*
.7
-6.8
-10.4
-2.6
7.4
-15.2
.2
2.8
-7.5
4.8
-11.2
1.7
-5.3
-7.6
-3. 1
-2. 1
8.3
-9.4
24.6
5.0
8.4
11.2
-.9
-2.0
-3.7
4.7
37
38
6.6
3.9
11.2
2.9
10. 1
4.7
13.9
4.2
10.7
4.5
16.4
2.5
8.5
3.5
.5
9.8
17.4
2.2
-16.8
4.8
9.3
5.7
39
40
-.3
1.5
1.7
.2
-3.1
-5.2
-1.4
-1.4
-4.2
-.8
-.8
41
42
43
44
45
46
47
20.1
.6
.1
15.7
4.4
11.3
3.6
27.6
.8
*
26.6
7.6
19.0
.2
14.6
.7
-.3
21.9
4.9
17.0
-7.8
18.2
1. 1
-.2
12.8
-.7
13.5
4.6
11.7
1.3
-. 1
5.9
.6
5.3
4.5
-2. 1
1.0
•2
9.6
4.2
5.3
-12.9
16.7
2.4
*
7.4
2.9
4.5
6.9
2.0
.2
V
6.3
1.6
4.7
-4.4
30.1
1.5
—.4
.5
-6.3
6.8
28.5
3.5
.2
-.3
4.9
-.7
5.6
-1.4
8.3
.5
-.2
4.8
-1.2
6.0
3.2
48
11.5
27.5
24.8
25.9
38.5
8.4
14.9
69.2
61.6
16.4
36.9 Discrepancy
http://fraser.stlouisfed.org/
BILLIONS OF DOLLARS.
Federal Reserve Bank of St. Louis
27
Foreign corporate equities 30
Credit narket instrunents 31
Corp, and foreign bonds 32
loans n.e.c.
foreign official
foreign banks
other foreign
33
34
35
36
Open-narket paper
U.S. Governnent loans
37
38
Bank
To
To
To
Security debt
Trade debt
39
40
Hiscellaneous liabilities
U.S.eguity in IBBD, etc.
U.S. Govt, deposits
U.S. dir. inv. abroad(2)
Equity, etc.
Retained earnings
Other
41
42
43
44
45
46
47
(1) U.S. net sales, sign reversed.
(2) Corporate bonds include net issues by Netherlands Antilles subsidiaries,
and U.S. foreign direct investnent is before subtracting reflovs of
capital froa Netherlands Antilles subsidiaries* foreign financing.
11/83 BASED ON INCOBPLETE INFOBBATION.
7
8
48
AOGOST 31, 1983
U.S. Government and Credit Agencies
O.S. Governnent and Credit Agencies
Sector Statements of saving and Investnent
14
UNADJUSTED BET FLOWS($ BILL}
OBADJUSTED BBT FLOWS($ BILL)
1982
I
II
III
If
|
I
1983
I
II
1973
BILLIOBS OF DOLLABS
1974
197«
1975
1977
O.S. Governaent
1 Total receipts, BIA basis
2
Personal taxes
3
Corp, profits tax accruals
4
Indirect taxes
5
Social insurance receipts
149,080 171,472 155,255 141,568 157,876 171,151
67,499 87,386 79,291 70,476 72,802 78,205
11,030 12,593 12,296 10,568 11,530 15,131
12,397 12,074 11,897 11,974 12,270 14,276
58,154 59,419 51,771 48,550 61,274 63,539
258.6
114.7
43.3
21.2
79.5
287.8
131.3
45. 1
21.7
89.8
287.3
125.8
43.6
23.9
94.1
331.8
147.3
54.6
23.4
106.5
375.2
170. 1
61.6
25.0
118.5
1
2
3
4
5
6 Total expenditures, BIA basis
Goods and services
7
8
Transfers, etc.
9
Bet interest
183,326 183,843 192,997 204,266 207,256 199,951
62,753 59,771 66,668 69,515 72,897 62,747
100,485 103,085 104,581 112,643 112,082 113,797
20,088 20,987 21,748 22,108 22,277 23,407
264.2
102.0
144.3
18.0
299.3
111.0
167.7
20.7
356.6
122.7
210.8
23. 1
384.8
129.2
228.9
26.8
421.1
143.4
248.5
29.1
6
7
8
9
-34,246 -12,371 -37,742 -62,698 -49,380 -28,800
697 -2,942
-2,711
1,951 11,990
2,331
-31,535 -14,322 -49,732 -63,395 -46,438 -31,131
4,598
1,311
3,423
683
2,254
803
-29,281 -13,011 -48,929 -59,972 -45,755 -26,533
-5.6
2.3
-7.9
3.2
-4.7
-11.5
2.9
-14.4
6.5
-7.9
-69.3
3.8
-73.1
1.3
-71.8
-53.1
4.7
-57.8
4.0
-53.8
-45.9
6.6
-52.5
2.5
-50.1
10
11
12
13
14
-31,070 -17,399 -45,937 -60,961 -50,830 -32,684
15 Het financial investnent
3,251 15,765
16
Bet acg. of financial assets
3,295 -3,950 24,540 -2,542
1,453
1,374
453
1,301
1,565
1,265
17
Gold, SDB’s ♦ fgn. exch.
748 -1,979 17,483 -9,709 -4,005 11,002
18
Denand deposits ♦ currency
159
28
-177
174
141
129
19
Tine deposits
-6.1
4.7
*
-1.9
-.2
-7.2
7.0
1.4
-4.6
♦
-74.4
16.4
.7
2.7
.1
-58.6
21.3
2.5
3.8
.2
-55.8
8.6
.4
-.5
.1
15
16
17
18
19
20
21
22
23
10
11
12
13
14
Het surplus, NIA basis
- Insurance credits to hfc
= Gross saving
♦ Hineral rights sales (1)
= Nonfinancial surplus
20
21
22
23
Credit narket instruaents
Fed. agency securities
Bortgages
Other loans
24
25
26
Taxes receivable
Trade credit
Hiscellaneous
5,077
1,033
4,044
5,424
-54
5,478
2,999
812
2,187
1,857
-1,029
2,886
3,798
783
3,015
3.9
*
-.6
4.5
9.4
V
3.8
5.7
13.4
6.5
6.9
7.9
-x
.4
7.5
10.0
4.2
5.8
-3,404 -10,447
1,249
1,078
602
302
1,227
-114
39
-130
2,576
280
2,838
1,190
-17
-2,765
2,038
80
1.6
.3
.9
-.2
1.0
*
-2.3
1.2
.7
5.6
.5
1.0
-1.4 24
-.8 25
.7 26
3,177
573
2,604
27
28
Bet increase in liabilities
Treasury curr. ♦ SDB ctfs.
34,365
354
13,449
337
70,477
471
58,419
495
54,081
112
48,449
133
10.8
.4
14.3
•4
90.9
.9
80.0
1.2
64.4 27
.3 28
29
30
31
32
Credit narket instrunents
Savings bonds
Other Treasury issues
Agency issues and ntgs.
32,680
-695
33,999
-624
8,975
-53
9,081
-53
57,643
147
57,568
-72
61,965
757
61,331
-123
55,641
475
55,145
21
46,896
876
46,075
-55
8.3
2.7
5.2
.4
11.8
3.0
9.0
-.2
85.4
4.0
81.8
-.4
69.0
4.7
64.5
-.1
56.8
4.7
52.9
-.9
33
34
35
life + retirement reserves
Trade debt
Hiscellaneous
-2,711
624
3,418
1,951
445
1,741
11,990
216
157
697
428
-5,166
-2,942
-483
1,753
2,331
-216
-695
2.3
.1
—.4
2.9
-.8
*
3.8
1.4
-.7
4.7
4.)
.9
1,789
4,388
-2,992
989
5,075
6,151
1.3
-.7
2.7
4.8
5.8 36
14,434
23,040
11,069
10,698
8,692
17,896
41.7
45.3
45.9
49.Q
63.0 37
36 Discrepancy
37 Heno: Corp, tax receipts, net
29
30
31
32
6.6 33
1.6 34
-.9 35
(1) Sales of Outer Continental Shelf leases.
Federally Sponsored Credit Agencies and flortgage Pools
Sponspred credit agencies
291
592
489
571
167
140
.4
-6
.6
.6
.7
1
2 Bet acg. of financial assets
3
Denand deposits and currency
4
Fed. funds ♦ security BP’s
3,245
-189
4
9,918
-30
1,459
8,874
-64
4,722
341
133
-806
-2,793
-61
713
861
-143
-1,345
18.7
.1
2.3
18.2
*
-1.0
5.2
*
-.3
4.4
*
.3
7.7
.1
.2
2
3
4
5
6
7
8
Credit narket instruaents
U.S. Governnent securities
Open-aarket paper
Student loans (SLHA)
3,112
-138
-254
216
8,551
439
54
376
3,626
996
-240
601
476
150
158
394
-4,031
-333
254
-22
2,276
96
-354
555
15.5
♦
-.2
20.8
.4
.9
-
4.5
1.5
.1
-
4.7
1.5
«
-
6.4
-3.8
.2
.1
5
6
7
8
9
10
11
Housing credit
Residential mortgages
FHLB loans to s*l assns.
2,246
1,278
968
5,749
2,513
3,236
2,052
3,808
-1,756
985
2,626
-1,641
-4,072
1,913
-5,985
1,096
2,319
-1,223
12.5
5.3
7.2
14.3
7.7
6.7
-1.2
2.8
-4.0
-1.6
.4
-2.0
1,042
1,415
449
-822
318
1,933
1,243
-920
1,610
-62
217
638
-811
390
590
-1,211
328
471
-2,010
538
142
203
929
-990
586
883
725
-712
870
73
3.2
1.9
.3
1.1
.9
5.2
2.5
1.0
1.7
-1.6
4.1
2.6
.4
1.1
1.0
4.8
2.5
1.0
1.3
-.5
5.0
2.9
.6
1.4
1.0
12
13
14
15
16
3,008
2,183
1,783
400
825
9,363
8,795
8,795
568
8,505
6,093
6,093
2,412
395
-1,729
-1,729
2,124
-3,132
-3,180
-3,180
48
614
476
476
138
18.5
16.3
16.3
2.2
17.7
17.3
16.6
.7
.4
4.9
3.2
2.3
.9
1.7
4. 1
2-1
2.5
-.4
2.0
7.3
5.9
7.0
-1.1
1.4
17
18
19
20
21
54
37
120
625
-172
-107
.2
.1
.3
.3
23 Bet acg. of nortgages
24
Hone nortgages
Hulti-fanily mortgages
25
Farn nortgages
26
8,641
8,684
78
-121
9,323
9,222
119
-18
13,280
13,206
100
-26
18,288
18,221
69
-2
18,698
17,962
499
237
15,757
15,339
281
137
3.6
3.2
.2
.2
3.4
3.3
.2
*
7. 1
7.3
.4
-.6
12.2
11.9
.5
-.2
16.1
15.7
.9
-.5
27 Het incr. in pool securities
8,641
9,323
13,280
18,288
18,698
15,757
3.6
3.4
7.1
12.2
16. 1 27
Heno: Totals for agencies and pools
11,008
Housing credit
921
Loans to agriculture
15,090
1,915
15,358
191
19,275
-1,213
14,389
379
16,716
1,020
15.9
3.5
17.8
5. 1
6.5
3.5
10.8
4.6
21.5 28
4.5 29
10,424
18,118
19,373
16,559
15,518
16,233
19.9
20.0
9.4
14.6
23.1 30
1 Current surplus
12
13
14
15
16
Loans to agriculture
Farn nortgages
Loans to coops (BC)
Loans to faraers (FICB)
Hiscellaneous assets
17 Net increase in liabilities
18
Credit market instrunents
Sponsored agency issues
19
20
O.S. Governaent loans
Hiscellaneous liabilities
21
22 Discrepancy
4.9 9
.5 10
4.3 11
.4 22
Federally related nortgage pools (D
28
29
30 Net security issues
(1) GN HA, FNHA, FHLHC, and Farmers Hone Adainistration pools. Excludes
Federal Financing Bank holdings of pool securities. which are in
U.S- Governaent aortgages and other loans directly.
11/83 BASED OB PRELIHINARI AND INCOHPLETE IBFORHATIOH
23
24
25
26
AOGOST 31, 1983
Q.S. Government and Credit Agencies
O.S. Governaent and credit Agencies
Sector Statenents of Saving and Investaent
SEASO8ALLT ADJOSTBD ANNUAL HATES
SEASONALLY ADJOSTBD ANNUAL BATES
1979
1978
1980
1981
1982
1982
|
1
I
II
III
IV
|
1
1983
II
I
O.S. Governaent
1
2
3
H
5
431.6
194.9
71.3
28.1
137.2
493.6
230.6
74.2
29.4
159.5
540.9
257.7
70.3
39.0
173.9
627.0
298.6
67.5
56.4
204.5
617.4
304.7
46.5
48.3
217.9
619.5
306.5
47.6
49.5
215.8
622.2
308.5
48.4
47.7
217.6
615.2
300.6
47.8
47.9
218.9
612.6
303.0
42.1
48.3
219.3
623.3
297.7
48.6
48.6
228.5
652.1 Total receipts, NIA basis
304.3
Personal taxes
59.0
Corp, profits tax accruals
Indirect taxes
56.2
232.6
Social insurance receipts
1
2
3
4
5
6
7
8
9
461.0
153.6
272.3
35.2
509.7
168.3
299.0
42.4
602. 1
197.0
351.7
53-4
689.2
229.2
386.8
73.2
764.4
258.7
420.8
84.9
728.0
249.7
398.6
79.7
735.4
244.1
409.0
82.3
773.5
261.7
423. 1
88.6
820.9
279.2
452.5
89.1
806.6
273.5
444.7
88.4
815.7 Total expenditures, NIA basis
272.7
Goods and services
451.4
Transfers, etc.
Net interest
91.6
6
7
8
9
10
11
12
13
1*
-29.5
7.2
-36.7
2.0
-34.7
-16.1
8.2
-24.3
4.7
-19.5
-61.2
8.8
-70.0
5.0
-65.0
-62.2
10.0
-72.3
4.8
-67.4
-147. 1
11.9
-159.0
7.8
-151.2
-108.5
7.8
-116.3
9.0
-107.2
-113.2
12.2
-125-4
5.2
-120.2
-158.3
16.6
-175.0
3.2
-171.8
-208.2
11.0
-219.3
13.7
-205.6
-183.3
8.3
-191.7
2.7
-188.9
-163.6
14.2
-177.8
18.4
-159.4
15
16
17
18
19
-38.6
24.8
-2.3
3.7
.1
-25.5
21.4
-.6
.2
-1
-64.6
24.1
4.4
-3.2
-.2
-77.7
23. 1
4.0
*
-. 1
-155.4
21.3
4.4
6.5
.5
-110.6
9.6
5. 1
9.1
.5
-127.8
13.4
5.5
-9.9
.7
-174.3
52. 1
1.8
37.5
.1
-208.7
10.1
5.2
-10.7
.6
-207.5
1.6
6.3
-16.3
-.7
-173.0 Net financial investaent
102.9
Net acg. of financial assets
5.8
Gold, SDH’s * fgn. exch.
52.4
Deaand deposits ♦ currency
Tine deposits
.6
20
21
22
23
17.1
4.2
12.8
19.0
6.6
12.4
23.7
7.5
16.2
24. 1
4.9
19. 1
16.7
2.4
14.3
11.8
2.3
9.5
16.6
3.8
12.8
22.5
-.5
23.0
15.7
3.7
12.0
6.0
-4.3
10.3
11.7
3.0
8.7
Credit narket instruaents
Fed. agency securities
Hortgages
Other loans
20
21
22
23
24
25
26
2.8
2.7
.8
-.5
2.4
.8
-4.8
3.8
.5
-8.2
2.5
.8
-12.8
4.8
1.2
-22.4
4.3
1.2
-6.9
5.0
2.4
-9.5
-.5
.2
-12.1
10.3
1.1
1.7
4.8
-. 1
23.9
8.2
.3
Taxes receivable
Trade credit
Hiscellaaeons
24
25
26
27
28
63.5
.5
46.9
1.6
88.8
1.3
100.7
1.2
176.7
1.7
120.2
1.4
141.2
1.3
226.4
1.9
218.8
2.0
209.0
.4
275.9
.5
29
30
31
32
53.7
3.9
51.2
-1.4
37.4
-.8
39.6
-1.4
79.2
-7.3
87. 1
-.6
87.4
-4.3
92.2
-.5
161.3
.2
162.0
—.9
95.6
-.3
98.4
-2.5
118.3
.2
118.3
-.2
206.5
a
206.8
-.3
224.4
.7
224.2
-.5
196. 1
4.7
191.3
.1
264.2
3.9
260.6
-.2
33
34
35
7.2
2.3
-.3
8.2
1.1
-1.3
8.8
1.4
-1.9
10.0
1.0
1.0
11.9
1.7
.2
7.8
1.7
13.7
12.2
2.4
7.0
16.6
.7
•6
11.0
2.0
-20.7
8.3
-2.8
7.0
14.2
-.3
-2.8
Net surplus, NIA basis
- Insurance credits to hh
= Gross saving
* Hineral rights sales (1)
= Nonfinancial surplus
10
11
12
13
14
15
16
17
18
19
Net increase in liabilities 27
Treasury curr. ♦ SDB ctfs. 28
Credit aarket instruments
Savings bonds
Other Treasury issues
Agency issues and atgs.
29
30
31
32
Life ♦ retirement reserves 33
34
Trade debt
Hiscellaneous
35
36
3.9
6.0
-.4
10.3
4.2
3.4
7.7
2.5
3.2
18.5
13.6 Discrepancy
36
37
68.5
74.7
75.1
75.7
59.2
70. 1
55.3
57.4
54.2
46.9
35. 1 Heao: Corp, tax receipts, net
37
(D Sales of Outer Continental Shelf leases.
Federally Sponsored Credit Agencies and Hortgage Pools
Sponsored credit agencies
1
1.0
1.2
1.4
1.5
1.9
1.2
2.4
2.0
2.3
.7
2
3
4
28.6
♦
1.4
31.1
.2
.6
29.5
*
1.8
37.6
.2
3.5
22.4
-.2
5.4
25.7
-.3
♦
34.5
«
5.8
21.0
-. 1
18.9
8.3
-.2
-3.2
3.7
.3
2.9
5
6
7
8
26.7
.6
-1-2
.4
30.0
.2
.1
.6
26.4
.7
*
1.1
33.2
.4
.3
2.2
15.8
1.4
-.3
1.6
23.9
1.6
-1.0
.9
27.3
2.5
.2
1.5
.5
-2.8
-1.0
2.4
11.4
4.5
.6
1.6
9
10
11
21-5
9.0
12.5
18.5
9.4
9.2
14.9
7.8
7. 1
21.2
4.9
16.2
11.0
10.2
.8
19.8
6.5
13.3
19.0
11.5
7.5
1. 1
12.7
-11.6
12
13
14
15
16
5.4
3.2
.7
1.5
.5
10.5
5.0
2.1
3.3
.4
9.6
6.3
1.5
1.9
1.3
9. 1
7.6
-.3
1.8
.8
2.0
3.6
-.8
-.8
1.4
2.6
5. 1
.3
-2.8
2.1
4.0
3.9
-.8
.9
1.5
17
18
19
20
21
28.1
23.5
23. 1
.4
4.6
30.6
24.8
24.3
.6
5.7
29.2
25.6
24.4
1.2
3.6
37. 1
32.4
30.5
1.9
4.7
21.3
15.3
14.9
.4
5.9
24.7
19.7
18. 1
1.6
5-0
22
.5
.6
1.1
1.0
.8
23
24
25
26
13.6
12.4
1.5
-.3
23.1
21.8
1.2
. 1
19.2
18.7
.7
-.2
15.0
14. 1
1. 1
-. 1
27
13.6
23.1
19.2
28
29
35.4
5.1
41.5
10.6
30
36.7
47.3
.6 current surplus
1
-1.9 Net acq. of financial assets
-.5
Deaand deposits and currency
-5.4
Fed. funds ♦ security HP’s
2
3
4
-2.9
1.9
1.0
-.1
1.8
1.8
-1.4
2.2
5
6
7
8
4.2
10.2
-6.0
-4.5
9.9
-14.4
-.6
10.7
-11.4
.7
3.1
-2.4
*
1.7
.6
2.4
-.3
-1.5
-2
-1. 1
.2
2. 1
-3.5
3.4
-.2
1.8
.4
-2.4
2.2
33.2
29.0
29.0
4.1
19.7
12.6
12.6
7.1
7.5
*
7.5
3.4
1.5
1.5
1-9
.1
1.0
.7
1.5
.4
49.5
49.3
.4
-.2
34.5
34.7
.3
-.5
39.4
39.0
.5
-. 1
53.4
53. 1
.4
-. 1
70.8
70.6
.3
*
74.6
71.7
2.0
.9
65.0 Net acg. of aortgages
63.4
Hone aortgages
1.1
Hulti-faaily aortgages
Fara mortgages
.5
23
24
25
26
15.0
49.5
34.5
39.4
53.4
70.8
74.6
65.0 Net incr. in pool securities
27
34.3
9.4
36.3
9.0
60.7
1.8
54.8
2. 1
58.4
4.0
54.6
.6
75.0
.6
69.2
-.2
Heno: Totals for agencies and pools
63.9
Housing credit
.3
Loans to agriculture
28
29
43.6
45.5
64.5
52.6
68.4
66.0
70.9
76.1
Credit aarket instruaents
O.S. Governaent securities
Open-narket paper
Student loans (SLHA)
Housing credit
9
Besidential aortgages
10
FHLB loans to s*l assns. 11
Loans to agriculture
Earn aortgages
Loams to coops (BC)
Loaas to faraers (FICB)
Hiscellaneous assets
12
13
14
15
16
-3.4 Net increase in liabilities
-6.5
Credit aarket instruaents
-6.5
Sponsored agency issues
O.S. Governaent loans
3.1
Hiscellaneous liabilities
17
18
19
20
21
-1.0 Discrepancy
22
Federally related aortgage pools (1)
58.5 Net security issues
(D GNHA, ’FNHA, FHLHC, and Farmers Hoae Administration pools. Excludes
Federal Financing Bank holdings of pool secarities, which are in
O.S. Governaent aortgages and other loans directly.
B111IOBS OF DOLLABS.
11/83 BASED OH INCOHPLETE INFOBHATION.
30
AUGUST 31, 1983
Banking Systea
Banking Systea
Sector Stateaents of Saving and Investaent
16
<» ^ADJUSTED BBT FLOWS (3 BILL)
OB ADJUSTED BET FLOWS(f BILL)
____
1982
I
II
III
IV
|
1
1983
II
I
1973
BILLIOBS OF DOLLARS
1974
1975
1976
1977
Bonetary Authority
1 Current surplus
2 Bet acg. of financial assets
Gold and foreign exchange
3
4
Treasury curr. ♦ SDB ctfs.
Federal Beserve float
5
F.B. loans to doaestic banks
6
7
8
9
10
11
12
13
Credit narket instruaents
U.S. Governaent securities
Treasury securities
Agency issues
Acceptances
Bank loans n.e.c.
fliscellaneous assets
14 Bet increase in liabilities
15
fleaber bank reserves
Vault cash of coal, banks
16
17
18
19
20
21
Deaand deposits and currency
Due to O.S. Governaent
Due to foreign
Currency outside banks
Hiscellaneous liabilities
37
39
37
34
108
107
.1
.1
.2
*
.2
1
-4,905
-178
-496
120
1,045
571
-174
297
663
-1,008
7,911
344
4 05
-1,995
-515
7,558
649
400
2,185
-406
-5,604
-794
-2,249
2,091
5,997
-671
572
802
8.1
-.2
.4
-.9
-.7
6.5
.1
.5
-1.1
-1.0
11.2
.1
1.0
1.7
-.1
9.8
.1
1.4
-1.1
-.2
8.6
a
.6
1-2
.2
2
3
4
5
6
-5,371
-5,664
-5,365
-299
293
-25
835
1,323
1,416
-93
-488
—
-42
9,149
8,336
7,388
948
813
523
5,161
4,494
4,919
-425
667
-431
-4,751
-3,271
-2,661
-610
-1,480
99
5,415
5,212
5,022
190
203
-121
9.2
9.3
8.6
.7
*
.3
6.2
5.2
2.0
3-2
.9
1.8
8.5
8.4
7.4
1.0
.1
a
9.8
10.0
9.1
.9
-.1
-.2
7.1 7
7.2 8
5.8 9
1.4 10
♦ 11
- 12
-.6 13
-4,942
1,129
-2,011
532
-6,159
3,485
7,874
120
-899
7,524
6,171
334
-5,712
-3,070
-1,246
5,890
-5,415
1,960
8.0
1.4
2.0
6.4
-1.2
1.0
11.0
.2
.6
9.8
-.9
-.1
8.3 14
1.7 15
1.8 16
-3,409
-1,395
-132
-1,882
-651
3,364
1,209
179
1,976
-158
8,478
6,839
-219
1,858
175
468
-5,936
-77
6,481
551
-595
-1,392
152
645
-801
9,209
5,234
-208
4,183
136
3-4
-.5
-. 1
3.9
1.2
7.0
.4
.2
6.3
-.3
10.6
4.5
*
6.2
-.5
10.5
3.1
.2
7.3
.3
4.9
-3.3
a
8.3
-.1
17
18
19
20
21
Coaaercial Banking (1)
3,379
2,775
2,129
2,905
1,879
3,476
1,905
3,194
2,906
3,350
2,852
3,404
4.6
5.8
4.6
5.4
4.3
2.3
4.5
4. 1
5.3
6.7
1
2
3 Bet acg. of financial assets
Deaand deposits and currency
4
11,726
344
27,271
475
29,773
421
51,193
503
13,393
501
43,354
543
88.1
.3
70.9
-.2
34.5
.1
71.3
-.2
97.6
.5
3
4
5
6
7
8
10,942
4,858
3,596
1,262
25,319
-154
-2,531
2,377
28,505
4,429
2,601
1,828
43,775
18,564
16,765
1,799
13,208
20,756
18,142
2,614
40,661
17,034
16,231
803
81.3
-1.3
-8.9
7.6
64.8
.7
-2.9
3.6
31.5
30.0
28.6
1.4
66.5
20.2
18.7
1.5
90.0
-1. 1
-1.9
.8
5
6
7
8
-479
1 18
-962
399
13
1,007
6,164
349
-4,824
1,435
3,241
280
5.7
.3
5.4
1.0
1.8
1.8
3.0
-.6
6,438
3,729
-1,271
7,699
2,136
-5,855
26,039
4,657
2,301
20,473
-2,529
1,137
23,054
4,320
2,849
13,760
773
1,352
18,694
3,400
2,439
9,516
-33
3,372
-4,168
3,930
-1,242
-3,162
-490
-3,204
20,106
6,991
6,184
6,795
-1,419
1,555
76.5
19.8
12.6
48.8
-1.3
-3.4
57.7
12.8
3.4
41.5
2.2
-2.2
-2. 1
3.8
3.1
-12.1
1.1
2. 1
43.8
15.1
12.0
6.4
3.7
6.6
1 Current surplus
2 Plant and eguipaent
Total bank credit
O.S. Govt, securities
Treasury issues
Agency issues
9
10
State ♦ local obligations
Corporate bonds
11
12
13
14
15
16
Total loans
Bortgages
Consuaer credit
Bank loans n.e.c.
Open-aarket paper
Security credit
17
Corporate eguities
18
19
Vault cash * aea. bank res.
Biscellaaeous assets
20 Bet increase in liabilities
21
Checkable deposits
22
U.S. Governaent
23
Foreign
24
Private doaestic
9.2 9
* 10
82.0
27.4
22.3
29.9
.3
2.2
11
12
13
14
15
16
7
-3
2
4
9
*
*
a
*
* 17
-882
1,322
-2,674
4,151
-779
1,626
6,505
410
-4,316
4,000
-3.455
5,605
3.5
3.0
-.3
6.5
.8
2.0
-1.0
6.1
3.5 18
3.5 19
10,223
-21,588
2,066
-3,368
-20,286
26,342
621
-1,514
917
1,218
28,011
14,065
9,486
-1,636
6,215
50,789 11,156
26,074 -14,463
-3,977 -2,301
326
676
29,375 -12,488
40,712
23,073
7,466
1,004
14,603
85.2
12.7
-1.0
3.0
10.8
68.5
-.2
-5. 1
2.6
2.3
32.6
7.6
-1.7
-.3
9.6
69.6
13.4
-.1
3.0
10.4
14,456
49,263
71,335
24,886
12-7
17.4
39.9
54.6
28.2 25
3,523 -20,579 -47,452 -16,023
5,153 -1,566
7,558
256
38.0
16.2
39.3
-1.9
-9.9
3.5
-15.3
13.6
26.0 26
9.0 27
-
92.9
24.5
4.3
2.4
17.8
20
21
22
23
24
25
Snail tiae aad savings dep.
21,845
11,421
26
27
Large tine deposits
Fed. funds and security BP’s
-2,515
4,285
10,782
-70
28
29
30
31
Bet interbank claias
To Federal Beserve
To doaestic banks (2)
To foreign banks
3,999
1,165
5,016
-2,182
-4,270 -9,251
-345 -2,510
6,529
3,500
-7,425 -13,270
-4,826
1,779
639
-7,244
-7,720
-158
984
-8,546
4,943
1,374
-628
4,197
-3.6
-1.6
.6
-2.7
.4
-2. 1
2-5
*
-11.9
1.6
-3.8
-9.8
-7.8
-1.3
-.9
-5.7
-4.6
1.4
-5.4
-.7
28
29
30
31
32
33
34
35
Corporate eguity issues
Credit narket debt
Corporate bonds
Open-aarket paper
139
1,630
-45
1,675
146
3,278
-104
3,382
153
-3,729
602
-4,331
160
1,343
643
700
167
1,666
1,235
431
174
1,890
1,259
631
1.2
3.2
.9
2.2
1.0
4.6
1.1
3.5
1.0
.8
.5
.3
1.6
6. 1
6.9
-.8
.6
2.5
1.3
1.3
32
33
34
35
36
37
Profit taxes payable
Hiscellaneous liabilities
-49
2,477
-28
4,462
-19
1,255
-25
-877
-19
2,489
-14
3,349
.1
4.7
.1
7.7
-.3
2. 1
3.4
.2 36
6.7 37
-899
-1,705
-3,359
-1,693
-2,681
-3,194
-4.1
-3.2
.1
-1.4
-6. 1 38
16,790
24,185
27,151
40,399
16,403
39,106
84.7
67.0
29.5
59.8
87.8 39
38 Discrepancy
39 Beao:
Credit akt. funds adv.
(1) Consists of O.S.-chartered coaaercial banks, their doaestic affiliates.
Edge Act corporations, agencies and branches of foreign banks, and banks
in O.S. possessions. Edge Act corporations and offices of foreign banks
appear together in these tables as "foreign banking offices."
(2) Floats and discrepancies in interbank deposits and loans.
11/83 BASED OB PBELIHIMABI ABD IBCOBPLETE IBFOBHATIOB
AOGOST 31. 1983
Banking Systen
Banking Systen
Sector Stateaents of Saving and Investnent
17
SEASONALLI ADJUSTED ANNUAL BATES
1978
1979
1980
SEASONALLI ADJUSTED ABBUAL BATES
1981
1982
I
1
1982
II
I
III
|
|
IV
1983
I
II
Honetary Authority
1
.7
.2
.2
.4
•1
.1
•2
.1
.1
.4
2
3
4
5
6
13.3
1.6
.6
2.7
.9
10.9
.7
1.7
.3
.3
7.1
2.6
1.5
-2.3
.4
8.2
*
1.4
-2.7
-.2
11. 1
.6
.6
1.0
-.9
.6
-.7
-2.0
3.0
3.4
2.5
-.7
1.2
1.5
-2.6
23.0
1.4
1.6
-5.0
-3.8
18.5
2.6
1.6
4.4
-.6
-1.6
-3.2
-7.2
7.4
27.6 let acg. of financial assets
-2.7
Gold and foreign exchange
Treasury curr. ♦ SDR ctfs.
Federal Reserve float
1.1
F.R. loans to doaestic banks
5.3
2
3
4
5
6
7
8
9
10
11
12
13
7.0
7.3
7.7
-.4
-.4
—
.5
7.7
7.6
6.9
.7
.1
.2
4.5
4.4
3.9
.6
.1
.5
9.2
9.8
9.6
.1
-.6
—
.5
9.8
8.5
8.4
.1
1.3
•
-3. 1
-5.0
-3.8
-1.2
2.0
—
-. 1
3.3
4.9
5.3
-.4
-1.6
-.2
26.8
24.1
20.3
3.8
2.7
2.1
12.2
10.1
11.8
-1.7
2. 1
-1.7
1. 1
6.4
8.8
-2.4
-5.3
—
.4
24.4
22.8
22. 1
.8
1.5
-.5
Credit aarket iastruaents
U.S. Governaent securities
Treasury securities
Agency issues
Acceptances
Bank loans n.e.c.
Hiscellaneous assets
7
8
9
10
11
12
13
14
15
16
12.6
4.4
1.5
10.6
-1.4
3.0
6.9
-2.3
1.3
7.8
-2.2
-1.2
11.0
1.3
•9
.4
-2.4
3.8
2.4
-14.8
7.4
22.9
1.3
-4.3
18.4
21.0
-3.3
-2.0
-19.8
7.0
17
18
19
20
21
6.3
-3.1
.1
9.3
.5
8.2
-1
.1
7.9
.9
9.0
-1. 1
-.2
10.3
-1.1
10.9
1.2
. 1
9.5
.3
8.9
.7
-.2
8.4
-.1
2.2
-1.2
-.2
3.6
-3.2
10.4
4.3
.5
5.5
-.6
25.4
14.2
-.7
11.9
.5
-2.2
-14.4
-.6
12.7
3.0
14.6
-1.4
.9
15. 1
-3.8
36.6
23.2
-1.0
14.4
.6
11.8 Current surplus
13.6 Plant and eguipaent
.4 Current surplus
27.2 Bet increase in liabilities
Heaber bank reserves
-10.0
a
Vault cash of coal, banks
Deaand deposits and currency
Due to U.S. Governaent
Due to foreign
Currency outside banks
Hiscellaneous liabilities
1
14
15
16
17
18
19
20
21
Coaaercial Banking (1)
1
2
6.7
9.3
7.9
10.7
7.6
9.8
7.5
10.7
9.3
12.4
11.3
11. 1
8.9
11.6
8.2
13.9
8.8
12.8
8.7
13.4
3
4
144.1
-3
134.6
.7
108.7
.6
134.4
1.0
120.0
1.7
127.6
1.4
90.4
1.9
103.4
1.7
158.0
2.0
137.3
2.0
156.8 Net acg. of financial assets
Deaand deposits and currency
2.2
5
6
7
8
126.2
.5
-6.5
7.0
122.2
7.9
.4
7.6
101.8
25.6
15.9
9.7
108.8
11.7
1.9
9.8
108.5
27.7
20.4
7.3
122.6
15.8
8. 1
7.7
88.9
8.2
-.5
8.7
94.6
23.0
16.3
6.7
127.7
64.0
58.0
6.0
134.9
78.5
65.4
1,3. 1
152.4
77.5
75.0
2.5
9
10
9.6
-.3
9.5
-.1
13.6
.6
5.0
*
4.7
1.9
4.6
.5
-2.0
1.6
-2.2
4.0
18.6
1.4
-12.4
5.7
15.7
1.1
State * local obligations
Corporate bonds
9
10
11
12
13
14
15
16
116.4
35. 1
26.2
59.3
-1.3
-2.9
104.8
30.6
19.9
53.0
2.2
-.9
62.0
17.8
-6.2
47.8
1.8
.8
92.2
21.5
4.0
60.6
.8
5.3
74.2
16. 1
6.3
51.4
.3
*
101.7
20.8
7.7
70.6
10.5
-7.8
81.2
14.6
8.6
69.8
-11.7
-.1
69.9
14.4
2. 1
45.7
.2
7.5
43.6
14.0
6.8
19.8
2.5
.5
63.0
21.0
10.5
28.7
-1. 1
4.0
58. 1
24.2
24.4
14.4
-6.6
1.6
Total loans
Hortgages
Consuaer credit
Bank loans n.e.c.
Open-aarket paper
Security credit
11
12
13
14
15
16
Total bank credit
U.S. Govt, securities
Treasury issues
Agency issues
1
2
3
4
5
6
7
8
17
a
*
*
1
*
*
*
*
*
*
18
19
5.9
11.8
1.6
10.1
-1.0
7.3
-3.4
28.0
2.2
7.5
1.4
2.2
-7.4
7.0
-3.0
10.2
17.7
10.7
-12.8
13. 1
-10.0
12.2
20
21
22
23
24
138.7
25.3
6.8
— .3
18.8
128.0
26.5
.4
4.1
22.0
101.2
4.9
-2.6
.3
7.2
128.2
8.7
-1. 1
-3.9
13.7
115.4
19.2
6. 1
-3.4
16.5
124.0
25.4
12. 1
-5.4
18.7
87.0
-18.8
-16.3
-4.5
2.0
98.9
41. 1
24.1
-3.9
20.9
151.3
28.3
4.1
.2
24.0
131.5
54.9
-10.6
9.0
56.6
146.4 Net increase in liabilities
Checkable deposits
77.4
24.7
U.S. Governaent
-5.0
Foreign
Private doaestic
57.8
25
13.3
29.3
45.0
40.3
97.0
67.7
63.6
78.2
178.9
264.9
119.4
Saall tine and savings dep.
26
27
48.6
20.0
13.8
15.6
47.2
18.3
51.5
14.4
-8.8
12.0
8. 1
14.8
42.6
-1.0
3.5
33.9
-89.5
.4
-167.4
18.4
-71.7
-5.6
26
Large tiae deposits
Fed. funds and security HP’s 27
28
29
30
31
10. 1
3.6
.8
5.7
21.1
.5
-1.7
22.3
-28.5
-1.9
-3.4
-23.2
-12.4
-2.9
-2.4
-7.0
-14.3
.1
15.7
-30.1
-3.3
6.4
12.6
-22.3
-32.7
-1.1
10.7
-42.4
-42.0
-8.8
27.0
-60.2
20.6
3.8
12.4
4.4
-52.9
.1
-4. 1
-49.0
6.4
-5.5
.1
Bet interbank claias
To Federal Reserve
To doaestic banks (2)
To foreign banks
28
29
30
31
32
33
34
35
1. 1
7.3
.6
6.7
1.3
6.7
2.1
4.5
.4
7. 1
1.5
5.6
-5
8.2
1.2
7.0
.6
2.5
1. 1
1.4
.6
6.5
-.2
6.7
.6
13.1
-.4
13.5
.6
-14.9
2.4
-17.3
.6
5.4
2.6
2.8
.7
6.7
4.9
1.7
.7
7.6
5.0
2.5
Corporate eguity issues
Credit aarket debt
Corporate bonds
Open-aarket paper
32
33
34
35
36
37
.1
12.9
-5
13.2
-.5
7.4
-.4
17.4
-. 1
7.3
-.2
4.4
-. 1
19.7
1
-1.5
-. 1
6.7
-.1
6.3
-. 1
17.6
Profit taxes payable
Hiscellaneous liabilities
36
37
-
.9
Corporate eguities
Vault cash * aea. bank res.
Riscellaaeous assets
38
-8.0
-9.4
-9.7
-9.3
-7.7
-3.4
-6.2
-10.3
-10.7
-10.5
-12.2 Discrepancy
39
129.0
123.1
101. 1
103.6
108.5
130.4
89.1
87. 1
127. 1
130.9
150.8 Beao:
Credit akt. funds adv.
(1) Consists of U-S.-chartered connercial banks, their doaestic affiliates.
Edge Act corporations, agencies and branches of foreign banks, and banks
in U.S. possessions. Edge Act corporations and offices of foreign banks
appear together in these tables as "foreign banking offices."
(2) Floats and discrepancies in interbank deposits and loans.
BILLIONS OF DOLLABS.
11/83 BASED ON INCOHPLETE INFOBHATION.
17
18
19
20
21
22
23
24
25
38
39
AOGOST 31, 1983
Connercial Basking Subsectors
Connercial Banking Subsectors
Subsector Stateseats for Cospoaest Groups in Coaaercial Banking
l8
UNADJUSTED BET FLOWS($ HILL)
OHADJOSTED HET FLOWS(3 HILL)
1982
I
II
III
1
I
IV
1983
I
II
1973
BILLIOBS OP DOLLABS
1974
1975
1976
1977
U.S.-Chartered Coaaercial Banks
1 Current surplus
2 Plant and eguipnent
3 Bet acg. of financial assets
4
Total bank credit
5
U.S. Governnent securities
6
Treasury issues
7
Agency issues
8
9
10
11
12
13
14
15
16
17
State * local obligations
Corporate bonds
Total loans
Aortgages
Consumer credit
Bank loans n.e.c.
Open-aarket paper
Security credit
Vault cash + aen. bank res.
Hiscellaneous assets
18 Bet increase in liabilities
Checkable deposits
19
20
U.S. Governaent
21
foreign
Private doaestic
22
3,379
2,775
2,129
2,905
1,879
3,476
1,905
3,194
2,906
3,350
2,852
3,404
4.6
5.8
4.6
5.4
4.3
2.3
4.5
4. 1
5.3
6.7
1
2
12,181
13,577
4,695
3,423
1,272
26,443
25,883
72
-2,303
2,375
26,542
25,767
4,392
2,579
1,813
48,218
42,793
17,557
15,750
1,807
10,705
12,931
19,813
17,165
2,648
43,880
43,765
16,372
15,569
803
80.1
75.6
-1.4
-8.8
7.4
60.8
56.4
.7
-2.8
3.5
29.0
30.7
30.1
28.4
1.6
59.6
61.3
19.6
18. 1
1.5
91.0
83.7
-1.3
-2.2
.9
3
4
5
6
7
-451
121
-1,028
294
-82
909
6,146
352
-4,895
1,379
3,232
274
5.6
.4
5.1
1.0
1.6
1.8
2.6
-.6
9.2
-.3
8
9
9,212
3,712
-1,271
9,198
2,659
-5,086
26,545
4,641
2,301
21,072
-2,509
1,040
20,548
4,305
2,849
11,248
809
1,337
18,738
3,386
2,439
9,654
87
3,172
-3,366
3,917
-1,242
-3,128
-129
-2,784
23,887
6,979
6,184
10,595
-1,371
1,500
71.0
19.6
12.6
43.1
-1.5
-2.9
49.5
12.3
3.4
34.3
1.6
-2. 1
-2.8
3.7
3.1
-12.8
1.1
2.2
39.8
15.1
12.0
3.2
3.2
6.2
76.1
27.3
22.3
24.6
.2
1-8
10
11
12
13
14
15
-882
-514
-2,674
3,234
-779
1,554
6,505
-1,080
-4,316
2,090
-3,455
3,570
3.5
1.0
-.3
4.7
.8
-2.5
-1.0
-.6
10,678
-20,099
2,066
-1,999
-20,166
25,514
394
-1,514
478
1,430
24,780
14,902
9,486
-865
6,281
47,814
8,468
25,660 -13,989
-3,977 -2,301
850
140
29,497 -12,538
41,238
20,304
7,466
983
11,855
77.2
12.5
-1.0
2.2
11.3
58.3
-1.3
-5. 1
2.1
1.7
27.1
7.0
-1.7
-.5
9.2
57.9
11.0
-rfl
1.7
9.4
21,845
11,421
14,456
49,263
3,366
4,285
12,992
-70
23
Snail tiae*savings deposits
24
25
Large tine deposits
Fed. funds and security RP's
26
27
28
29
30
Net interbank liabilities
Federal Beserve float
Borrowing at F.R. banks
To dpaestic banks
To foreign banks
317
120
1,045
393
-1,241
31
32
33
34
Corporate eguities
Corporate bonds
Profit taxes payable
Hiscellaneous liabilities
139
-28
-49
902
146
103
-28
5,058
153
189
-19
213
-899
-1,705
18,663
24,843
35 Discrepancy
36 Heno:
Credit nkt. funds adv.
3.5 16
3.7 17
86.3
21.5
4.3
1.7
15.5
18
19
20
21
22
24,886
12.7
17.4
39.9
54.6
28.2 23
7,907 -21,987 -40,416 -12,766
256
5,153 -1,566
7,558
37.1
16.2
38.2
-1.9
-13.3
3.5
-15.6
13.6
23.8 24
9.0 25
-2,824 -16,509
2,185 -2,249
-406
2,091
-1,293 -2,095
-3,310 -14,256
7,361
572
802
2,133
3,854
-5.8
-.9
-.7
-3.3
-.9
-.9
-1.1
-1.0
3.2
-2.0
-10.9
1.7
-.1
-4.2
-8.3
-9.8
-1. 1
-.2
.3
-8.7
-2.8
1.2
.2
-2.7
-1.5
26
27
28
29
30
160
343
-25
-3,032
167
277
-19
2,469
174
235
-14
2,624
1.2
a
.1
3.3
1.0
.2
.1
5.5
1.0
.2
-.3
.1
1.6
.7
1.7
.6
.6
.2
5.4
31
32
33
34
-3,359
-1,693
-2,681
-3,194
-4.1
-3.2
.1
-1.4
-6.1 35
24,430
39,621
15,715
42,265
78.5
58.5
28.5
55.1
81.9 36
-4,502 -20,579
663 -1,995
-1,008
-515
1,406 -9,974
-5,563 -8,095
71,335
Doaestic Affiliates of Cossercial Banks
1 Bet acg. of financial assets
Inv. in finance co. subs.
2
Bank loans n.e.c.
3
4 Bet increase in liabilities
5
Met interbank clains
6
Credit narket debt
Corporate bonds
7
Connercial paper
8
9
Aiscellaneoas liabilities
978
969
9
-115
-355
240
42
299
-257
198
104
94
1,323
1,280
43
997
1,232
-235
3.1
1.4
1.7
1.6
-7
.9
2.9
3.4
-.5
6.1
6.4
-.3
a
-.5
.6
1
2
3
978
-703
1,658
-17
1,675
23
-115
-1,778
3,175
-207
3.382
-1,512
42
4,593
-3,918
413
-4,331
-633
198
1,000
300
700
-802
1,323
1,389
958
431
-66
997
-1,056
1,655
1,024
631
398
3.1
-.1
3.2
.9
2.2
*
1.6
-3.3
4.4
1.0
3.5
-5
2.9
2.0
.6
.3
.3
.2
6.1
-.3
5.4
6.2
-.8
.9
*
-1.6
2.0
.7
1.3
-.3
4
5
6
7
8
9
5.7
4.9
-.1
♦
.2
4.7
.1
1
2
3
4
5
6
7
Foreign 1Banking Offices in O.S.
1 Net acg. of financial assets
2
Credit aarket instruaents
U.S. Governnent securities
3
4
State * local obligations
Corporate bonds
5
6
Bank loans n.e.c.
7
Open-aarket paper
8
9
10
Corporate eguities
Security credit
Hiscellaneous assets
11 Bet increase in liabilities
12
Denand deposits
13
Tine deposits
-2,185
-1,909
156
-28
-6
-1,508
-523
125
-1,108
-265
-18
34
-839
-20
2,386
2,747
-28
-4
46
2,769
-36
1,926
596
951
-3
-232
-120
506
454
854
38
-77
-361
-2,411
-3,004
574
35
-3,565
-48
4.4
4.4
.2
a
*
4.0
.2
8.5
7.2
.2
.1
♦
6.3
.7
1.6
1.1
-.2
*
*
1.2
*
5.3
4.4
.5
a
-. 1
3.5
.5
7
-769
486
-3
97
1,139
2
15
-378
4
200
1,126
9
-420
463
55
538
•
-.6
.6
*
-.1
1.4
*
-.1
.6
♦
.4
.4
♦ 8
.5 9
.3 10
-2,185
-1,489
-5,881
125
227
-2,210
2,386
-837
-4,384
1,926
414
1,408
506
-474
-7,036
-2,411
2,769
-3,257
4.4
.3
1.0
8.5
1.2
1. 1
1.6
.6
3.4
5.3
2.4
.4
5.7 11
3.0 12
2.2 13
14
15
16
Net interbank liabilities
To foreign banks
To doaestic banks
4,385
-941
5,326
2,010
-1,862
3,872
6,735
-5,175
11,910
-2,002
-3,934
1,932
8,789
5,710
3,079
-1,362
343
-1,705
2.3
-1.8
4.0
4.6
2.0
2.6
-3.0
-1.4
-1.6
2.2
3.0
-.9
-.2 14
.9 15
-1. 1 16
17
Hiscellaneous liabilities
800
98
872
2,106
-773
-561
1.0
1.6
.7
-3
.7 17
Banks in O.S. Possessions
1 Net acg. of financial assets
2
Denand deposits and currency
3
4
5
6
7
8
9
Credit aarket instruaents
U.S. Governaent securities
State ♦ local obligations
Corporate bonds
Hoae aortgages
Coaaercial aortgages
Hiscellaneous assets
10 Het increase in deposit liab.
752
344
818
475
803
421
851
503
859
501
888
543
.5
.3
.1
-.2
1. 1
.1
.4
-.2
.8
.5
1
2
27
7
3
70
-53
381
210
39
84
71
71
-55
133
231
65
99
52
74
-59
151
88
56
18
75
-61
260
191
89
71
18
78
-65
167
80
88
9
-29
80
-68
265
.1
-. 1
.1
a
*
.1
.1
.5
-.2
.2
a
.1
.4
-.2
.4
.1
.1
a
a
.2
.6
.6
.1
.4
.1
.1
-.1
-. 1
.3
.2
-. 1
.1
a
.1
a
3
4
5
6
7
8
9
752
818
803
851
859
888
.5
.1
1.1
.4
-
11/83 BASED OB PRELIMINARY AND IHCOHPLETE INFORMATION
.8 10
AOGUST 31 e 1983
Coaaercial Banking Subsectors
Coaaercial Banking Sabsectors
Sabsector Stateaents for Conponent Gronps in Coaaercial Banking
SEASONALLY ADJUSTED ANNUAL BATES
1978
1979
1980
1981
1982
I
|
1982
I
II
III
17
|
|
19
SEASONALLY ADJUSTED ANNUAL HATES
1983
I
II
U.S.-Chartered Coaaercial Banks
1
2
6.7
9.3
7.9
10.7
7.6
9.8
7.5
10.7
9.3
12.4
11.3
11.1
8.9
11.6
8.2
13.9
8.8
12.8
8.7
13.4
3
4
5
6
7
120.0
107.2
.1
-6.7
6.8
111.5
107.9
7.4
-.2
7.6
84.6
84.7
25.0
15.3
9.7
107.6
101.6
11.4
1.8
9.6
113.4
108.0
26.7
19.4
7.3
126.6
130.3
15. 1
7.4
7.7
80.0
84.1
9.1
.4
8.7
98.7
91.8
22.8
16.2
6.6
147.9
125-5
60.0
53.9
6.0
123.2
130.5
74.8
61.5
13.2
8
9
9.4
-.6
9.7
-.3
13.2
.5
5-7
*
4.6
1.7
4.7
.5
-2.3
1.2
-2.6
3.6
18.6
1.4
-12.7
5.5
15.6
1. 1
State ♦ local obligations
Corporate bonds
10
11
12
13
14
15
98.3
35.3
26.2
42.1
-2.3
-3.0
91.1
30.6
19.9
39.9
1.6
-.8
46.0
17.7
-6.2
32.3
1.0
1.2
8 4.5
21.4
4.0
54.7
-.2
4.7
75.0
16.0
6.3
51.2
1.0
.5
110.0
20.7
7.7
75.1
12.6
-6.1
76. 1
14.5
8.6
63.7
-11.6
.9
68.0
14.3
2.1
44. 1
.3
7.2
45.6
14.0
6.8
21.9
2.9
-. 1
63.0
20.9
10.5
27.1
.3
4. 1
65.4
24.2
24.4
20.2
-6.4
3.0
Total loans
Hortgages
Consuaer credit
Bank loans n.e.c.
Open-aarket paper
Security credit
16
17
5.9
7.0
1.6
2.1
-1.0
.9
-3.4
9.4
2.2
3.2
1.4
-5.2
-7.4
3.3
-3.0
9.9
17.7
4.7
-12.8
5.5
-10.0
4.1
16
19
20
21
22
114.6
22.8
6.8
*
16.1
104.9
25.7
.4
3.4
21.9
77.2
10.5
-2.6
-.2
13.3
101.4
14.8
-1. 1
-3.0
18.9
108.8
20.9
6.1
-2.2
17.0
123.0
31.5
12.1
-1.2
20.5
76.5
-14.5
-16.3
-3.0
4.7
94. 1
45.1
24.1
-.9
21.8
141.2
20.7
4.1
-4.0
20.6
117.4
57.8
-10.6
10.0
58.5
140.7 Bet increase in liabilities
Checkable deposits
72.0
24.7
0.S. Governaent *
-1.2
Foreign
48.5
Private doaestic
18
19
20
21
22
23
13.3
29.3
45.0
40.3
97.0
67.7
63.6
78.2
178.9
264.9
119.4
Snail tiae*savings deposits
23
24
25
42.1
20.0
10.2
15.6
39.3
18.3
43.9
14.4
2.3
12.0
31.6
14.8
51.4
-1.0
21.1
33.9
-95.2
.4
-139.2
18.4
-58.6
-5.6
Large tiae deposits
24
Fed. funds and security BP*s 25
26
27
28
29
30
2.5
2.7
.9
-3.5
2.3
13.0
.3
.3
-4.0
16.5
-36.7
-2.3
.4
-12.4
-22.3
-18.8
-2.7
-.2
-9.7
-6.2
-27.6
1.0
-.9
-9.5
-18.2
-21.7
3.0
3.4
-11.2
-17.0
-43.6
1.5
-2.6
-13.6
-28.8
-80.3
-5.0
-3.8
-39.0
-32.5
35.3
4.4
-.6
25.9
5.5
-93.0
-7.2
7.4
-22.4
-70.7
.1
1. 1
5.3
-13.6
7.3
Bet interbank liabilities
Federal Beserve float
Borrowing at F.B. banks
To doaestic banks
To foreign banks
26
27
28
29
30
31
32
33
3*
1. 1
.2
.1
12.4
1.3
-2
.5
9.1
.4
.2
-.5
.8
.5
-. 1
-.4
6.7
.6
.6
-. 1
3.1
.6
-. 1
-.2
-1.2
.6
.4
-.1
19.8
.6
.8
-.1
-5.1
.6
1.4
-.1
-.8
.7
1. 1
-.1
6.9
.7
.9
-. 1
11.9
Corporate equities
Corporate bonds
Profit taxes payable
Hiscellaneous liabilities
31
32
33
34
35
-8.0
-9.4
-9.7
-9.3
-7.7
-3.4
-6.2
-10.3
-10.7
-10.5
-12.2 Discrepancy
36
110. 1
108.7
83.5
96.9
107.6
136.4
83.2
84.7
125.6
126.5
154.0 Heao:
11.8 Current surplus
13.6 Plant and eguipaent
151.1 Bet acg. of financial assets
157.1
Total bank credit
74.9
O.S. Governaent securities
72-4
Treasury issues
2.5
Agency issues
Vault cash ♦ aen. bank res.
Hiscellaneous assets
Credit akt. funds adv.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
35
36
Doaestic Affiliates of Coaaercial Banks
1
2
3
1.7
2.7
-1.0
5.4
5.5
-.1
4.3
4.4
-. 1
8.0
7.9
. 1
1.1
1.0
.1
3.9
3.9
*
-.5
-1.4
1.0
-2
1.2
-1.0
.8
.4
.4
5.3
5.1
.2
4
5
6
7
8
9
1.7
-3.0
7.2
.5
6.7
-2.4
5.4
-1.4
6.5
1.9
4.5
.3
4.3
-2.7
6.9
1.4
5.6
8.0
-1.4
8.3
1.3
7.0
1. 1
1.1
2.1
1.9
.5
1.4
-2.9
3.9
-2.8
6.6
-.1
6.7
.1
-.5
-7. 1
12.7
-.8
13.5
-6.0
.2
18.4
-15.7
1.7
-17.3
-2.5
.8
—
4.0
1.2
2.8
-3.2
5.3
5.6
3.8
1.7
-.3
4.0 Bet acg. of financial assets
4.9
lav. in finance co. subs.
Bank Ioans n.e.c.
-.9
1
2
3
4.0 Bet increase in liabilities
Bet interbank clains
-4.2
Credit aarket debt
6.6
4. 1
Corporate bonds
Coaaercial paper
2.5
1.6
Hiscellaneous liabilities
4
5
6
7
8
9
-1.9 Met acg. of financial assets
-2.6
Credit aarket instruaents
2.3
O.S. Governaent securities
State ♦ local obligations
Corporate bonds
.1
Bank loans n.e.c.
-4.8
Open-aarket paper
-.2
1
2
3
4
5
6
7
Foreign Banking Offices in O.S.
1
2
3
4
5
6
7
21.8
19.6
.5
-. 1
.1
18.1
1.0
16.5
14.5
.5
.1
.1
13.2
.6
18. 1
17.0
.5
.2
*
15.5
.8
16. 1
7.7
.6
-. 1
.3
5.8
1.0
2.3
.3
.8
-. 1
.1
.2
-.7
-5.9
-6.1
.6
-. 1
*
-4.5
-2. 1
7.6
4. 1
-1.1
-. 1
.1
5. 1
-.1
1.4
2.6
-. 1
♦
.2
2.7
-. 1
5.9
.8
3.8
•
-2.5
-.5
5.3
3.5
3.4
—
.2
1.4
-1.4
8
9
10
*
.1
2.0
*
2.1
*
-.4
1.5
-. 1
.6
7.9
*
-.5
2.4
*
-1.8
1.9
*
-1.0
4.6
*
.3
-1.5
a
.6
4.5
*
-.1
1.9
11
12
13
21.8
2.5
6.4
16.5
-8
3.6
18.1
-5.6
7.9
16. 1
-6. 1
7.6
2.3
-1.7
-11.1
-5.9
-6.1
-23.5
7.6
-4.3
-8.8
1.4
-3.9
-17.5
5.9
7.6
5.6
5.3
-2.9
-28. 1
14
15
16
10.6
3.4
7.3
9.5
5.8
3.7
10.9
-.8
11.7
7.9
-.8
8.6
11.1
-11.9
23.0
21.3
-5.3
26.5
17.9
-13.5
31.5
19.9
-27.7
47.6
-14.6
-1.1
-13.5
40.1
21.8
18.4
17
2.3
2.7
4.9
6.8
3.9
2.5
2.8
2.9
7.3
-3.7
-1.5
2.2
Corporate equities
Security credit
Hiscellaneous assets
8
9
10
-1.9 Bet increase in liabilities
Deaand deposits
5.5
Tiae deposits
-13.0
11
12
13
5.1
-7.2
12.3
Net interbank liabilities
To foreign banks
To doaestic banks
14
15
16
-6
Hiscellaneous liabilities
17
Banks in O.S. Possessions
1
2
.6
-3
1.1
.7
1.6
.6
2.7
1.0
3.2
1.7
3
4
5
6
7
8
9
.2
-.1
.3
.2
.1
-.3
.1
*
V
-.2
.1
.1
*
.4
.5
.1
.3
V
.2
-. 1
.5
-1. 1
-.3
-.7
-.3
.3
-.2
2.9
.6
.2
.2
•1
-3
-.2
.9
10
.6
1. 1
1.6
2.7
3.2
BILLIONS OF DOLLABS.
3.0
1.4
3-3
1.9
3.2
1.7
3.4
2.0
3.4
2.0
3.6 Net acg. of financial assets
2.2
Deaand deposits and currency
1
2
.1
*
*
.3
-.2
1.5
•8
.2
.3
.3
.3
-.2
.5
.9
.3
.4
.2
.3
-.2
.6
.4
.2
.1
.3
-.2
1.0
.8
.4
.3
.1
.3
-.3
.7
.3
.4
*
-.1
.3
-.3
1.1
Credit narket instruaents
U.S. Governaent securities
State ♦ local obligations
Corporate bonds
Hone nortgages
Coaaercial nortgages
Hiscellaneous assets
3
4
5
6
7
8
9
3.0
3.3
3.2
3.4
3.4
3.6 Net increase in deposit liab.
-
11/83 BASED ON INCOHPLETE INFOBHATION.
10
AUGUST 31, 1983
Nonbank Finance Suaaary
Nonbank Finance Suaaary
Private Nonbank Financial Institutions
20
UNADJUSTED NET FLOES(I RILL)
UNADJUSTED NET FLOES(J BILL)
1982
I
II
III
IV
|
1
1983
I
II
1973
BILLIONS OF DOLLABS
1974
1975
1976
1977
Private Nonbank Financial Institutions - Total
1 Current surplus
2 Physical investaent
-1,154
1,403
710
1,318
1,510
847
1,022
1,286
2,394
1,268
3,341
1,334
4.5
2.0
4.7
2.6
2-5
5.3
5.8
3.6
9.9
2.2
1
2
3 Het acg. of financial assets
Deaand deposits and currency
4
Tiae and savings deposits
5
6
Security BP's
7
Foreign deposits
54,424
-1,855
43
4,090
3,620
67,015
4,548
6,334
516
738
78,796
5,024
5,275
2,724
-385
54,267
2,638
-7,861
-5,205
940
64,815
639
-7,962
1,854
-4,577
73,241
1,382
-3,663
-278
462
93.0
V
.1
2.0
78.9
.4
5.7
2.4
-
112.5
.5
4.2
-1.0
-
152.9
1.0
-2.3
1.6
-
191.7
.9
3.8
3.0
*
3
4
5
6
7
7.4
171.)
21.6
13.5
37.5
66.5
16. 1
15.8
8
9
10
11
12
13
14
15
8
9
10
11
12
13
14
15
Corporate eguities
Credit narket instruaents
U.S. Governaent securities
State ♦ local obligations
Corporate * foreign bonds
Hortgages
Consuaer credit
Other loans
3,543
38,657
27,549
2,859
5,190
-1.900
-2,180
7,139
4,607
39.026
18,771
3,163
6,122
-3,796
4,493
10,273
5,565
50,134
44,249
5,195
4,837
-5,894
3,125
-1,378
14,166
34,902
31,541
3,684
9,051
-7.485
4,731
-6,620
15,519
52,123
34,043
6,397
7,638
3.752
388
-95
16,100
53,459
14,386
1,186
10,167
12,676
5,289
9,755
13. 1
78.8
.9
3-6
12.2
46.3
8.8
6.9
5.8
60.9
2.5
1.6
17.9
25.0
5.2
8.7
9.8
91.8
21.5
6.0
25.4
27.3
5.0
6.7
12.5
129.5
24.6
9.3
29.2
46.0
10.3
10.0
16
17
18
Security credit
Trade credit
Hiscellaneous assets
-2,905
557
8,674
1,126
532
9,588
713
519
9,227
4,244
517
9,926
2,311
511
4,397
108
501
5.170
-4.3
.6
2.6
-1.6
.5
4.6
1.0
.6
5.6
4.6
1.2
4.7
19 Net increase in liabilities
20
Tiae and savings deposits
21
Honey aarket fund shares
Security BP's (s+1)
22
23
Insurance ♦ pension reserves
24
Corporate eguity issues (1)
57,572
15.778
9,561
-269
24,657
5,020
70,919
7,001
10,124
2,512
26,901
3,137
77,063 53,625 62,354 72,993
13,725 25,603 40,943 29,295
22,025 -17,013 -26,296 -15,680
1,590
2,540
-12
3,318
25,643 31,261 35,054 31,255
7,163
6,754 12,571
8,530
91.3
27.8
30.7
1.3
80.0
22. 1
2.4
1.5
33.4
.9
115.2
59.4
1.3
.1
39.7
-.5
148. 1
69.2
*
-.1
47.7
-1.8
183.2
69.7
.2
1.9
60.7
2.8
19
20
21
22
23
24
25
26
27
28
29
30
Credit aarket instruaents
Corporate bonds
Hortgages
Bank loans n.e.c.
Open-aarket paper
Fed. Bone Loan Bank loans
-1,949
-803
30
1,784
-3,928
968
10,541
191
30
602
6,482
3,236
-3,430
644
29
-469
-1,878
-1,756
-3.283
1,143
29
1,287
-4,101
-1,641
-6,504
1,579
28
-1,620
-506
-5,985
4,368
2,038
28
-796
4,321
-1.223
22.7
3.5
.3
9.0
2.7
7.2
13.7
1.9
.2
4.6
.3
6.7
-3.8
2.8
.4
-3.7
.7
-4.0
.7
3.0
.4
-3.7
3.0
-2.0
21.3
8.9
♦
-.3
8.4
4.3
25
26
27
28
29
30
31
32
33
Security credit
Profit taxes payable
Hiscellaneous liabilities
-6,083
-94
10,951
1,011
10
9,682
3,139
82
7,126
5,175
74
5,066
-2,426
39
6,433
3,082
54
8,771
-3.4
.1
12.2
-2.9
»
9.0
2.9
.1
15.9
7.9
-5
24.0
.9 31
.7 32
24.9 33
591
3,296
-1,070
-906
-1,335
1,759
.8
3.2
-.1
-2.6
-.8 34
34 Discrepancy
1.0 16
1.3 17
3.3 18
(1) Includes autual fund shares.
Savings Institutions Conbined
1 Current surplus
-1,685
-971
-486
-157
300
311
2.9
2.3
2.0
2.9
3.8
1
2 Net acg. of financial assets
Deaand deposits and currency
3
4
Tiae deposits
5
Security BP's
18,377
560
3,729
1,334
17,136
267
3,500
1,063
13,825
1,044
-484
556
21,995
205
2,891
-2,523
39,206
928
3,505
4,840
34,676
390
2,041
910
39.5
-. 1
-.7
2.0
32.2
.1
1.5
2.3
58. 1
.3
5.0
-1. 1
72.1
.2
-1.5
1.6
84.9
V
1.0
2.9
2
3
4
5
-155
7,646
10,380
-133
71
-93
4,381
8,384
-128
-1,013
-116
5,275
9,279
-184
-314
-111
13,255
19,954
166
112
79
27,253
22,789
-55
1,063
41
28,795
16,241
-155
86
.4
36.3
.3
.1
-1.1
.2
25.3
-.3
.3
.9
.2
51.2
9.7
1.6
3.5
.1
68.4
10.2
.6
2.8
.4 6
78.5 7
7.0 8
.4 9
1.2 10
-3,777
-3,944
-51
225
-7
-4,805
-5,785
137
843
-
-7,311 -9,730
-7,496 -10,301
-780
-802
988
1,350
-1
1
1,562
142
132
1,289
-1
10,528
6,361
846
3,321
-
34.2
26.0
3.3
4.9
*
21.3
16. 1
1.7
3.4
»
30.5
22.6
2.6
5.3
•
47.6
38.8
3.3
5.6
♦
61.9
52.0
4.9
4.9
*
11
12
13
14
15
-66
-114
1,285
5,263
697
311
935
8,018
2,189
480
1,136
7,550
1,329
456
968
8,278
1,149
348
397
2,601
2,806
465
-1,176
2,499
3.6
.6
-1.4
1.6
3. 1
.2
-.2
2.8
4.4
.4
1.0
2.5
6.6
.3
.3
3.3
8. 1
.3
-.3
2.2
16
17
18
19
20,534
15,778
-269
1,090
-32
3,967
18,106
7,001
2,512
2,499
-5
6,099
15,023
13,725
1,590
-2,702
3
2,407
22,192
25,603
-12
-3,931
-8
540
39,047
40,943
2,540
-5,023
-11
598
34,736
29,295
3,318
-682
-6
2,811
36.7
27.8
7.6
*
1.2
30. 1
22. 1
1.5
6.2
. 1
.2
56.0
59.4
.1
-4.2
.1
.6
68.9
69.2
-.1
-1.7
.2
1.2
80.3
69.7
1.9
6.9
.2
1.6
20
21
22
23
24
25
472
-1
712
40
141
371
.1
.2
*
-.4
6
7
8
9
10
11
12
13
14
15
16
17
18
19
Corporate eguities
Credit aarket instruaents
u.s. Govt, securities
State ♦ local obligations
Corporate bonds
Hortgages
floae aortgages
Hulti-faaily
Coaaercial
Fara
Consuaer install, credit
Consuaer noninstall.credit
Open-aarket paper
Hiscellaneous assets
20 Net increase in liabilities
Deposits
21
Security BP's
22
23
Cr. akt. instr. (svgs.+loaa)
24
Profit taxes payable
25
Hiscellaneous liabilities
26 Discrepancy
11/83 BASED ON PBELIBINABT AND INCOHPLETE INFOBHATION
-.8 26
AOGOST 31, 1983
lonbank Finance Saaaary
lonbank Finance Saaaary
Private lonbank Financial Institutions
21
SBASOIALLI ADJUSTED AIIOAL BATES
1978
1979
1980
1981
SBASOIALLT ADJUSTBD AIIOAL BATES
1982
|
1
1982
I
II
III
IT
|
|
1983
I
II
Private lonbank Financial Institutions - Total
11.7 Current surplus
5.3 Physical investnent
1
2
1
2
13. 1
2.2
11.0
3.0
9.2
3.9
2.9
5.3
2.1
4.9
-2.7
5.6
1.4
5.3
4.8
3.4
4.8
5.1
11.8
5.1
3
4
5
6
7
202.9
3.3
8.4
1.8
.5
214.7
3.5
5.3
5.5
4.6
222.1
3.6
19.0
3.2
1.7
297.5
3.1
23.5
14.6
12. 1
254.5
10.4
3.8
2. 1
4.9
239.7
-1.4
-6.5
12.4
14.5
261.3
17.9
23.1
2.1
3.0
329.3
18.0
32.7
11.6
-1.5
186.4
6.9
-34.2
-17.6
3.8
286.1
8.9
-38.6
3.8
-18.3
285.1 let acq. of financial assets
Deaand deposits and currency
5.1
Tiae and savings deposits
-17.2
Security HP’s
-1.2
1.8
Foreign deposits
3
4
5
6
7
8
9
10
11
12
13
14
15
4.5
173.3
17.5
15.2
33-0
68.4
19.4
19.8
9.7
171.6
21.8
10.9
20.7
62.4
22.2
33.6
16.8
161.2
43.2
9.7
25.3
44.2
10.2
28.6
22.2
201.7
56.7
7.3
27.5
29. 1
15.4
65.6
27.9
162.7
122.1
14.9
25.2
-19.1
10.2
9.4
21.0
17X5
101.5
11.4
25.9
4.4
.8
29.6
17.7
152.6
87.9
12.6
18.9
-20.0
15.8
37.3
25.3
200.9
179.5
20.9
23.1
-31.9
9.3
-. 1
47.5
122.7
119.8
14.7
33.0
-30.4
14.8
-29.1
68.5
231-6
127.9
25.5
35.7
25.9
15.0
1.6
64.1
209.5
70.3
4.7
34.8
47.4
17.2
35.1
Corporate equities
Credit aarket instruaents
O.S. Governnent securities
State «- local obligations
Corporate * foreign bonds
Bortgages
Consuner credit
other loans
8
9
10
11
12
13
14
15
16
17
18
1.6
1.5
8.0
1.1
1.9
11.4
6.5
2.0
8. 1
-2.3
2.6
20.0
3.2
2.1
37.4
-11.6
2.2
35.6
4.5
2.1
38.4
2.9
2. 1
37.4
17.0
2.1
38.2
9.2
2.0
19.0
.4
2.0
20.6
Security credit
Trade credit
fliscellaneous assets
16
17
18
19
20
21
22
23
24
192.2
59.1
6.9
2.1
66.6
1.3
204.9
46.9
34.4
-5
60.0
1.9
219.2
57.6
29.2
2. 1
80.8
6.9
302.5
26. 1
107.5
3.0
91.8
7.2
259.2
62.1
24.7
3.8
108.5
22.1
251.6
55.7
38.2
-1. 1
96.5
17.0
271.3
39.3
40.5
10.0
108.3
15.7
325.4
68.6
88.1
6.4
102.9
30.0
187.1
83.9
-68.1
*
126.1
25.5
275.5
157.3
-105.2
10.2
137.6
46.5
278.3 let increase in liabilities
Tine and savings deposits
131.2
Boney aarket fund shares
-62.7
Security BP’s (s*l,
13.3
Insurance
♦ pension reserves
125.4
Corporate equity issues (1)
37.9
19
20
21
22
23
24
25
26
27
28
29
30
30.2
6.8
.1
2.8
7.9
12.5
27.9
5.7
-.4
13.4
9.2
11.4
5.6
-. 1
-.4
-.8
7. 1
29.8
-2.0
-.5
2.2
13.9
16.2
1.9
1.2
.1
3.2
-3.4
.8
13.0
-1.2
.1
9.3
-8.5
13.3
24.3
-.7
.1
1.2
16.2
7.5
-12.2
3.9
. 1
1.3
-5.8
-11.6
-17.7
2.7
.1
1. 1
-15.6
-6.0
-1.4
9. 1
.1
-4.3
8.1
-14.4
-3.7
6.8
.1
-4.2
4.9
-11.4
31
32
33
*
.8
25.1
1.1
—.2
32.4
6.0
-.8
25.9
2.5
-1.2
35.7
3.2
.1
32.8
-8.7
—.4
41.3
-.6
.1
33-7
14.6
.3
26.7
7.7
.2
29.5
7.1
-1
23.4
7.7
.3
29.1
34
.2
-1.9
2.4
2.6
1.9
3.6
6.1
-2.5
.4
-3.9
V
Credit narket instruaents
Corporate bonds
Bortgages
Bank loans n.e.c.
Open-narket paper
Fed. Hoae Loan Bank loans
25
26
27
28
29
30
Security credit
Profit taxes payable
Hiscellaneous liabilities
31
32
33
-.4 Discrepancy
34
(1) Includes autual fund shares.
Savings Institutions Coabined
1.2 Current surplus
1
5.0
4.3
1.2
-4.5
-3.3
-6.7
-3.9
-1.9
-.6
1.2
2
3
4
5
81.3
1.1
.2
1.7
66.5
.5
-.8
3.4
69.2
1.7
8.5
-. 1
43.5
2.3
-1. 1
5.7
71.3
2.1
9.6
.4
72.8
2.0
8.3
1.4
69.4
2.3
11.8
4.3
60.2
3.2
9.7
2.9
81.7
.7
8.8
-6.9
156.9
3.2
7.3
15.7
140.4 let acq. of financial assets
Denand deposits and currency
3.0
Tine deposits
5.6
Security BP’s
3.5
6
7
8
9
10
.1
72.8
5.4
.6
.1
-.1
56.7
2. 1
-.5
-1.1
-.5
54.9
21.4
-.5
.7
-.6
27.2
5.2
•
-1.0
-.5
30.6
48.0
-.3
-1.1
-.6
39.7
38.5
-.5
.3
—.4
19.3
39.8
-.5
-4.1
-.5
14.1
42. 1
-.7
-1.3
—.4
47.9
71.9
-7
.4
.3
118.5
89.1
-.2
4.3
.2
118.2
70.7
-.6
•3
11
12
13
14
15
58.4
50.5
4.4
3.5
*
48.4
42.9
2.1
3.4
*
29.8
28.1
.1
1.6
•
18.4
17.0
-.5
2.0
-
-25.6
-27.5
-1.5
3.4
*
-3.6
-5.4
-.2
2.0
*
-23.6
-27.0
.5
2.8
-
-38.7
-40.0
-3.2
4.4
«
-38.1
-39.4
-3.1
4.4
♦
17.5
10.7
.5
6.2
*
39.2
23.2
3.4
12.6
-
16
17
18
19
7.3
.5
.6
5.3
3.6
2.4
1.8
6.8
-.9
1.4
3.0
4.7
3.5
-1.8
2.8
10.0
4. 1
1. 1
4.3
29.1
1.8
-.5
3.7
22.0
2.8
1.2
3.6
32.1
5.9
1.9
4.9
30.7
6. 1
1.8
5.1
31.6
6.5
1.4
-.1
11.8
11.5
1.9
-4.8
9.9
20
21
22
23
24
25
76.0
59.1
2.1
13.5
.2
1.0
62.0
46.9
.5
12.6
-.2
2.3
68.5
57.6
2.1
7.4
-.3
1.7
49.4
26. 1
3.0
15.5
-.3
5. 1
75.9
62.1
3.8
-3.0
*
13.0
81.6
55.7
-1. 1
13.8
-. 1
13.3
73.1
39.3
10.0
4.4
*
19.3
64.4
68.6
6.4
-18.3
*
7.8
83.1
83.9
*
-12.1
*
11.4
156.4
157.3
10.2
-11.0
-.1
*
26
-.3
-.2
.5
1.4
1.2
2.0
-.2
2.3
.7
.7
BILLXOIS OF DOLLABS.
11/83 BASED Ol IICOHPLETE IBFOBHATIOI.
Corporate equities
Credit narket instrunents
0.s. Govt, securities
State * local obligations
Corporate bonds
Bortgages
Hone nortgages
flulti-fanily
Coaaercial
Farn
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Consuaer install, credit
Consuner noninstall.credit
Open-narket paper
Hiscellaneous assets
16
17
18
19
140.4 Net increase in liabilities
Deposits
131.2
Security BP’s
13.3
Cr.
nkt. instr. (svgs.*loan)
-9.3
*
Profit taxes payable
Hiscellaneous
liabilities
5.2
20
21
22
23
24
25
1.2 Discrepancy
26
AUGUST 31, 1983
Savings Institutions
Savings Institetioas
Sector Statenents of Saving and Investaent
22
OBADJUSTED MET FLOWS($ HILL)
OBADJUSTED BBT PLOWS(9 BILL)
1982
I
II
III
II
|
1
1983
II
I
1973
BILLIOBS OP DOLLABS
1974
1975
1976
1977
Savings and Loan Associations
1 Carrent surplus
-1,472
-802
-407
-201
391
140
2.0
1.5
1.4
2.0
2.7
1
2 Met acg. of financial assets
3
Bortgages
4
Consuner credit
12,921
-3,165
160
13,696
-3,812
516
10,364
-7,073
1,454
18,282
-9,473
1,212
29,154
1,793
1,455
26,830
10,172
1,509
30.3
28.1
1.2
25.1
19.0
.9
40.8
27.7
.8
52.0
42.7
1. 1
64.3
55.1
1.5
2
3
4
5
6
7
8
Other assets
Deaand deposits * currency
Tine deposits
fed. funds ♦ security BP’s
15,926
641
2,495
-3
16,992
363
2,107
1,150
15,983
550
352
747
26,543
322
2,210
-1,508
25,906
1,382
1,956
4,405
15,149
201
1,561
574
1.0
-.2
-.5
1.3
5.2
.7
2.6
12.3
.3
4.5
-1.0
8.2
.3
-1.4
1.2
7.7
-.2
.1
2.3
5
6
7
8
9
10
11
12
13
O.S. Treasury securities
O.S. Govt, agency secur.
State * local obligations
Open-narket paper
Hiscellaneous
331
6,932
-127
743
4,914
-1,189
6,915
-92
883
6,855
761
6,561
-135
459
6,688
7,625
9,431
-113
620
7,956
6,107
9,700
12
166
2,178
5,357
6,000
-2
-5
1,463
-2.0
2.3
a
-1.3
1.3
-1.6
1.2
.3
-.2
2.3
.6
4. 1
1.0
.9
1.9
4.9
.7
-.3
-.1
2.9
-1.0
4.9
a
-.3
1.8
9
10
11
12
13
14,826
10,950
-269
14,729
3,499
2,512
11,433
10,204
1,590
18,601
20,891
-12
29,216
30,719
2,540
27,061
20,596
3,318
28.5
20.2
-
23.7
16.0
1.5
39.5
42.8
.1
49.7
50.2
-.1
14 Met increase in liabilities
15
Deposits
16
Security BP’s
17
18
19
20
Credit aarket instrunents
Corporate bonds
Bank loans n.e.c.
fed. hone loan bank loans
1,090
122
968
2,499
-737
3,236
-2,702
20
-966
-1,756
-3,931
-66
-2,224
-1,641
-5,023
-39
1,001
-5,985
-682
-40
581
-1,223
7.6
.4
7.2
6.2
-.4
6.7
-4.2
.1
-.3
-4.0
-1.7
.1
.2
-2.-0
21
22
Profit taxes payable
Hiscellaneous liabilities
-32
3,087
-5
6,224
3
2,338
-8
1,661
-11
991
-6
3,835
a
.6
. 1
-.1
.1
.7
.2
1.1
23 Discrepancy
24 Meno:
Acg.of credit nkt.inst.
61.1 14
50.9 15
1.9 16
6.9
1.2
1.4
4.3
17
18
19
20
.2 21
1.2 22
433
231
662
118
453
371
.2
.1
a
-.2
-.5 23
4,874
3,221
2,027
9,302
19,233
23,031
28.3
19.5
35.1
49.0
60.1 24
Hutual Savings Bants
1 Current surplus
2 Met acg. of financial assets
Denand deposits and currency
3
4
Tine deposits
5
Fed. funds and security BP’s
-325
-284
-197
-75
-205
58
.6
.5
.4
.4
.7
1
1,997
-101
-60
1,337
449
-116
971
-87
1,341
474
147
-191
596
-136
360
-1,015
4,617
-473
102
435
2,086
171
-14
336
6.0
.1
.2
.7
3.8
*
.2
-.3
11.5
.1
.1
-.1
13.8
a
—
.4
12.5
•
a
.6
2
3
4
5
.4 6
11. 1 7
.1 8
2.6 9
.4 10
1.2 11
6
7
8
9
10
11
Corporate eguities
Credit aarket instruaents
O.S. Treasury securities
O.S. Govt, agency secur.
State ♦ local obligations
Corporate bonds
-155
627
661
114
-6
71
-93
-1,389
-169
653
-36
-1,013
-116
165
-150
114
-49
-314
-111
1,176
343
311
279
112
79
4,051
1,844
1,124
-67
1,063
41
516
1,363
-29
-153
86
.4
4.3
-.5
.1
*
-1.1
.2
3.1
-.4
.2
♦
.9
.2
10.7
2.2
1.7
-6
3.5
.1
12.8
1.1
2.9
.9
2.8
12
13
14
15
Mortgages
Consuner credit
Connercial paper
fliscellaneous assets
-737
-18
542
349
-1,118
242
52
1,163
-364
251
677
862
-383
166
348
322
-358
214
231
423
229
191
-1,171
1,036
5.7
.3
-.1
.2
2.2
.2
.1
.5
2.3
.2
.1
.6
4.4
.3
.4
•4
16 Met increase in liabilities
17
Deposits
18
fliscellaneous liabilities
2,361
1,481
880
501
626
-125
1,588
1,519
69
593
1,714
-1,121
4,510
4,903
-393
2,028
3,052
-1,024
5.3
4.7
.6
3.4
3.1
.3
11.0
11.2
-.1
13.1
13.0
.1
11.5 16
11.1 17
.4 18
39
-232
50
-78
-312
-. 1
.1
-.1
-.2
-.3 19
19 Discrepancy
-
6.5
.5
a
.3
12
13
14
15
Credit Unions
1 Current surplus
112
115
118
119
114
113
.3
.3
.3
.4
.5
1
2 Het acg. of financial assets
Denand deposits and currency
3
4
Tiae deposits
5
Savings and loan deposits
3,459
20
36
1,258
2,991
20
-36
458
2,120
20
-983
3,117
19
321
5,435
19
1,447
5,760
18
14
480
3.2
a
.3
-.6
3.3
a
-2
.4
5.8
-. 1
.5
a
6.4
-.1
-.2
.1
8.2
.1
.1
.8
2
3
4
5
6
7
8
9
2,145
2,342
125
-322
2,549
2,174
125
250
3,083
1,993
126
964
2,777
2,244
126
407
3,969
4,014
127
-172
5,248
3,550
127
1,571
3.6
.5
.4
2.7
2.7
.4
.1
2.3
5.4
1.1
.5
3.8
6.6
.6
-5
5.5
7.2
.5
6
7
8
9
3,347
2,876
2,002
2,998
5,321
5,647
2.9
3.0
5.5
6.0
7.7 10
Credit narket instruaents
0.S. Governaent securities
Bone aortgages
Consuaer credit
10 Credit union shares
11/83 BASED OH PBELIHIMABI AMD IBCOBPLETE IMPOBHATIOM
6.4
AOGOST 31, 1983
Savings Institutions
Savings Institations
Sector Stateseats of Saving and Investaeat
23
SEASOVALLI ADJUSTED AVVOAL BATES
1978
1979
1980
1981
SBAS01ILLI ADJUSTED AVVOAL BATES
1982
|
|
1982
I
II
III
IT
|
|
1983
I
II
Savings and Loan Associations
.6 Current surplus
1
3.6
3.3
1.4
-3.7
-2.9
-5.9
-3.2
-1.6
-.8
1.6
2
3
4
63.5
51.4
.3
56.6
44.2
3.7
52.6
28.7
2.6
35.8
18.3
-.2
55.3
-23.5
3.3
56.6
-2.0
1.1
55.8
-20.2
2.4
42.0
-37.2
5.3
65.4
-36.3
4.6
122.4
17.7
6.2
5
6
7
8
11.8
.1
.4
1.7
8.6
.5
-2.2
2.5
21.3
.5
2.5
-.7
17.7
1.0
-.7
4.2
75.4
1.9
7.2
.4
57.5
.8
7.9
*
73.6
2.3
7.1
4.6
73.9
1.7
6.4
3.0
97.1
2.8
7.2
-6.0
98.4
3.5
5.7
17.6
65.6
1.7
4.7
2.3
9
10
11
12
13
*
4.6
.1
.4
4.6
-2.9
3.9
1
.7
6.3
5.7
8.1
7.5
29.8
-.5
2.7
26.4
a
26.9
-.5
2.1
20.2
1.5
26.8
-.4
3.5
28.3
6.4
27.6
-.5
2.1
27.2
22.5
38.1
-.5
3.1
30.0
24.4
37.7
27.4
22.9
1-5
3.7
-3.5
6.6
.1
1.2
8.8
-.2
9.6
-.2
6.8
14
15
16
59.6
44.2
2.1
53.0
39.1
.5
51.9
41.8
2.1
40.8
20.0
3.0
59.6
45.5
3.8
63.4
39.9
-1.1
59.8
25.7
10.0
46.3
48.5
6.4
67.5
67.1
a
121.8
119.8
10.2
109.9 Vet increase in liabilities
Deposits
96.6
Security BP’s
13.3
17
18
19
20
13.5
.7
.3
12.5
12.6
1.4
2.0
9.2
7.4
.4
-. 1
7. 1
15.5
-.5
-.2
16.2
-3.0
*
-3.8
.8
1X8
.5
13.3
4.4
-3.1
7.5
-18.3
.1
-6.8
-11.6
-12. 1
-.3
-5.9
-6.0
-11.0
-.2
3.5
-14.4
-9.3
-.2
2.3
-11.4
21
22
-2
-.3
-.2
1.1
-.3
-9
—.3
2.6
*
13.3
-.1
11.0
a
19.7
a
9.8
a
12.6
-.1
2.9
9.3
♦
a
23
-.2
-.3
.7
1.2
1.4
1.0
.8
2.7
1.3
1.0
24
56.7
49.4
46.6
22.6
19.4
27.7
13.6
3.6
31.6
85.9
109.1 Vet acg. of financial assets
Sortgages
37.2
Consuaer credit
6.4
a
a
Other assets
Deaand deposits * currency
Tiae deposits
Fed. funds ♦ security RP’s
O.S. Treasury securities
O.S. Govt, agency secur.
State ♦ local obligations
Open-narket paper
Hiscellaneous
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Credit aarket instrunents
Corporate bonds
Bank loans n.e.c.
Fed. hone loan bank loans
17
18
19
20
Profit taxes payable
Hiscellaneous liabilities
21
22
1.4 Discrepancy
93.6 Heao:
23
Acg.of credit akt.inst. 24
Hutual Savings Banks
.2 Current surplus
1
.9
.7
-.4
-1.2
-.9
-1.3
-1. 1
-.8
-.3
-.8
2
3
4
5
10.9
1.0
.3
*
5.2
-.3
-.3
.9
8.2
1.1
V
.6
4.2
1.2
-. 1
1.5
4.4
.1
1.4
♦
5.3
1.1
-.2
1.4
2.9
a
3.9
-.3
5.5
1.5
.6
-. 1
3.9
-2. 1
1.4
-.9
15.9
-.4
•4
-1.9
9.3 Het acq. of financial assets
Deaand deposits and currency
1.2
Tine deposits
-. 1
Fed. funds and security RP’s
1.2
6
7
8
9
10
11
.1
8.8
-.9
1.7
.5
.1
-.1
4.4
-.2
1.3
-.4
-1.1
-.5
5.9
.8
2.5
-.5
.7
-.6
.9
-.2
1.2
-. 1
-1-0
-.5
.6
.7
1.2
•2
-1.1
-.6
1.8
1.4
.7
a
.3
-.4
-4.1
-.5
3.4
-.1
-4.1
-.5
.4
-.2
.4
-.2
-1.3
-.4
4.2
2.0
.3
1. 1
.4
.3
15.2
5.9
5. 1
-.3
4.3
.2
3.7
5.7
.6
-.6
.3
12
13
14
15
6.5
.7
.2
.7
3.6
.1
1.1
.5
.6
.4
1.5
1.0
—.4
a
1.5
1.2
-2.6
.6
1.6
2.7
-2.1
-.1
1.6
1.8
-4.0
1.0
.2
3.8
-2.0
1.0
2.7
3.5
-2.3
.7
2.0
1.7
-.8
.9
.1
2.3
1.5
.8
-4.6
3.1
16
17
18
10.0
8.6
1.4
4.6
3.4
1.2
8.3
7.5
.8
5.5
3.0
2.6
5.0
5.3
-.3
7.7
5.3
2.3
3.0
3.4
-.4
5.9
7.9
-1.9
3.6
4.8
-1.2
16.4
19.4
-2.9
19
-. 1
♦
-.2
.2
-.2
1.1
-1.0
-.3
-.6
-.2
Credit Uaioas
____ _________________ ______________
________ ________ ________
1
2
3
4
5
Corporate eguities
Credit aarket iastruaents
O.S. Treasury securities
0. S. Govt, agency secur.
State * local obligations
Corporate bonds
6
7
8
9
10
11
Hortgages
Consuaer credit
Coaaercial paper
Hiscellaneous assets
12
13
14
15
8.9 Vet increase in liabilities
Deposits
13.0
-4.1
Hiscellaneous liabilities
-.1 Discrepancy
16
17
18
19
________
1
1
.6
.3
.2
.4
.5
.4
.5
•5
.5
.5
2
3
4
5
6.9
.1
-.5
4.8
.2
♦
1.8
8.5
-1
2.1
3.9
3.5
.1
-.7
.4
11.7
.1
—
1. 1
11.0
.1
.1
.5
10.6
.1
-. 1
.9
12.7
.1
2-6
12.4
.1
.2
18.6
.1
1.1
22.0 Vet acg. of financial assets
Deaand deposits and currency
.1
Tine deposits
.1
Savings and loan deposits
.3
2
3
4
5
6
7
8
9
7.3
-1
.6
6.7
2.8
«
.6
2.2
2.4
4.3
-5
-2.5
3.7
1.2
.5
1.9
10.6
8.8
.5
1.3
10.2
9.4
.5
.4
9.8
8.7
.5
.6
10.0
8-0
.5
1.5
12.1
9.0
-5
2.6
17.4
16. 1
.5
.8
21.Q
14.2
.5
6.3
Credit narket instrunents
O.S. Governaent securities
Bone nortgages
Consuaer credit
6
7
8
9
10
6.4
4.4
8.3
3. 1
11.2
10.5
10.2
12.2
12.0
18.1
21.5 Credit union shares
V
BILLIOVS OF DOLLARS.
11/83 BASED OV IVCOHPLETE IVFOBHATIOV.
.5 Current surplus
10
AUGUST 31, 1983
Insurance and Pension Pands
Insurance and Pension Funds
Sector Stateaents of savin? and Investnent
24
OMADJOSTED MET FLOSS(S BILL)
OMADJOSTED MET FLOWS (S BILL)
1982
I
II
III
IF
)
|
1983
I
II
1973
BILLIOIS OF DOLLIES
1974
1975
1976
1977
Life Insurance Coapanies
1 Current surplus
2 Physical investnent
1,835
1,337
1,755
1,252
1,687
781
1,662
1,220
2,663
1,202
2,720
1,268
2.3
1.2
3.1
1.6
2.5
2.3
2.8
2.0
3.6
1.9
1
2
3 Net acg. of financial assets
4
Deaand deposits and currency
11,631
-2,142
13,742
927
15,105
808
14,819
740
17,691
-1,290
16,092
278
16.9
.1
16.6
-. 1
20.4
-„1
28.2
.1
31.2
.1
3
4
5
6
7
8
9
821
10,981
2,459
1,509
950
704
10,064
2,052
927
1,125
1,688
10,535
3,351
2,303
1,048
200
11.827
4,841
3,623
1,218
2,291
14,651
3,311
2,708
603
1,790
11,989
2,376
1,663
713
3.6
12.3
-.2
-.4
.1
2.3
12.9
.1
-. 1
.2
1.9
16.9
1.7
1.4
.4
3.0
23.7
1.5
.6
.9
1.2
27.5
1.6
-. 1
1.7
5
6
7
8
9
443
3,864
1,015
1,889
1,311
1,971
499
3,787
777
1,598
1,351
2,047
416
3,527
865
1,324
1,052
2,074
538
5,032
1,515
-640
541
2,052
417
5,502
1,410
3,440
571
2,039
686
5,405
879
2,275
368
2,035
•
5.9
4.4
*
2.2
.9
.3
4.0
4.9
1.1
2.7
1.4
.8
9.1
2.9
.7
1.6
1.7
1. 1
16.9
2.4
.4
1.4
1.5
.5
18.8
5.2
-.3
1.7
2.5
10
11
12
13
14
15
11,232
3,135
6,292
-40
1,845
13,251
3,454
8,050
6
1,741
13,925
3,638
8,563
21
1,703
15,256
3,687
9,833
3
1,733
15,942
3,744
10,455
-3
1,746
14,089
3,814
8,529
-5
1,751
15.5
7.4
5.5
n
2.5
15.6
6.6
6.4
*
2.6
19.8
8.5
8.1
-.1
3.3
27.6
8.2
15.3
.1
3.9
31. 1
11.3
14.9
.4
4.6
16
17
18
19
20
99
12
-274
879
-288
-551
-.4
.5
-.4
.2
10
11
12
13
14
15
Corporate eguities
Credit narket instrunents
D.S. Governnent securities
Treasury issues
Agency issues
State
local obligations
Corpgrate bonds
Mortgages
Open—narket paper
Policy loans
Biscellaneous assets
16 Met increase in liabilities
17
Life insurance reserves
18
Pension fund reserves
19
Profit taxes payable
20
Hiscellaneous liabilities
21 Discrepancy
1.5 21
Private Pension Funds
1 Met acg. of financial assets
2
Deaand deposits and currency
3
Tiae deposits
5,816
23
-936
6,448
23
-993
6,894
23
158
7,417
23
-1,000
8,843
23
-1,000
7,696
23
-1,436
8.3
-.2
.8
10.7
*
2.7
11.8
.1
-1.3
11.2
.1
-. 1
18.7
.1
2.5
1
2
3
4
5
6
7
8
978
5,651
4,700
3,4 19
1,281
2,225
5,093
4,025
2,500
1,525
2,529
4,084
3,329
1,818
1,511
5,738
2,556
1,505
484
1,021
5,701
4,019
2,936
1,452
1,484
4,571
4,438
2,916
2,220
696
5.3
2.3
.7
.2
.6
2.3
5.6
1. 1
-.2
1.3
5.8
7.0
5.2
4.5
.7
7.3
3.6
3.9
3.7
.3
4.5
12.2
5.4
4.8
.6
4
5
6
7
8
905
46
100
866
202
100
853
-98
100
840
211
100
755
328
100
1,282
240
100
1.9
-.4
.1
4.5
*
.1
1.8
*
.2
-.3
*
.2
9
10
11
Corporate eguities
Credit narket instrunents
D.S. Governnent securities
Treasury issues
Agency issues
Corporate bonds
Mortgages
Hiscellaneous assets
6.6 9
.1 10
-.5 11
State and Local Governnent Bnployee Retirenent Funds
1 Het acg. of financial assets
Deaand deposits and currency
2
9,414
187
8,949
746
6,548
-19
10,324
107
12,012
632
11,216
10
9.5
.4
9.7
.5
11.3
-.4
12.9
*
15.9
.3
1
2
Corporate eguities
Credit aarket instrunents
D.S. Governnent securities
Treasury issues
Agency issues
2,371
6,856
4,316
1,981
2,335
1,429
6,774
3,311
2,872
439
-663
7,230
6,904
2,704
4,200
4,528
5,689
3,815
-164
3,979
5,594
5,786
4,670
3,701
969
3,259
7,947
5,287
3,342
1,945
3.4
5.7
.1
-1.1
1.2
2.6
6.7
.3
-.9
1.2
2.4
9.3
1.6
1.0
.7
3.1
9.8
3.1
1.5
1.6
3.7
11.9
5.5
2.7
2.7
3
4
5
6
7
-205
2,251
494
197
3,028
238
-202
62
466
-258
2,027
105
-607
1,559
164
-81
2,049
692
-.3
5.2
.7
-.7
6.5
.6
1.0
6.8
-.2
1.4
5.1
.2
3
4
5
6
7
8
9
10
State ♦ local obligations
Corporate bonds
Hortgages
.2 8
6.0 9
.3 10
Other Insurance Coapanies
1 Current surplus
539
704
862
712
818
814
1.2
♦
-.7
.9
4.6
1
4.7
. 1
7.3
.1
14.9
.2
20.2
.3
2
3
1.2
17.5
3.0
2.5
.5
4
5
6
7
8
2 Met acg. of financial assets
Deaand deposits and currency
3
4,009
400
3,103
577
4,467
1,473
4,047
1,486
4,652
750
3,351
506
6.4
V
4
5
6
7
8
613
2,439
1,397
828
569
667
1,327
189
-494
683
699
1,776
1,518
848
670
707
1,337
938
327
611
718
2,673
1,700
1,049
651
731
1,613
897
300
597
2.4
3.4
*
-.1
*
-.5
4.6
.4
*
.4
-.7
7.3
2.5
1.9
•6
.9
12.5
3.1
2.6
.6
839
131
72
557
1,273
-199
64
532
478
-281
61
519
455
-118
62
517
922
-12
63
511
629
25
62
501
3.6
-.1
•
.6
2.2
2.0
♦
.5
2.6
2.2
.1
.6
5.4
3.9
.1
1.2
3,206
565
-15
2,656
3,329
713
2
2,614
3,407
779
8
2,620
3,434
761
2,673
3,481
761
-1
2,721
3,542
778
-2
2,766
5.3
.5
♦
4.8
5-8
.9
♦
4.9
7.2
1.0
♦
6.2
11-3
.9
.1
10.3
14.1
1.4
.1
12.6
-264
930
-198
99
-353
1,005
.1
1.1
-.9
-2.8
-1.5 17
9
10
11
12
Corporate eguities
Credit narket instrunents
O.S. Governaent securities
Treasury issues
Agency issues
State » local obligations
Corporate bonds
Connercial aortgages
Trade credit
13 Het increase in liabilities
14
Corporate eguity issues
Profit taxes payable
15
Policy payables
16
17 Discrepancy
11/83 BASED OM PBELIMIMABI AMD INCOHPLETE INFOBHATION
10.7 9
3.7 10
.1 11
1.3 12
13
14
15
16
A8G0ST 31, 1983
Insurance aad Pension roads
Insurance aad Pension Ponds
Sector Stateseats of Saviag aad laves t seat
25
SEASOIALLT ADJUSTED AIIOAL BATES
1978
1979
1980
1981
SEASOIALLT ADJOSTBD AIIOAL BATES
1982
i
1
1982
I
II
III
I»
|
1
1983
I
II
Life Insorance Coapanies
1
2
4-3
2.2
4.9
3.0
6.3
3.9
7.7
5.3
6.9
4.6
7.3
5.3
7.0
5.0
6.7
3.1
6.6
4.9
10.7
4.8
10.9 Corrent surplus
5.1 Physical investaent
1
2
3
4
35.7
-2
37.8
•3
37.4
.5
45.9
1. 1
55.3
.3
46.6
-2.3
53.4
2.2
59. 1
2.1
62.1
-.6
70.7
1.6
62.5 let acq. of financial assets
-.7
Deaand deposits and currency
3
4
5
6
7
8
9
-. 1
33.1
2.0
-.5
2.5
.6
33.4
2.9
.1
2.8
.5
32.8
2.7
1.0
1.8
2.9
34.7
5.5
2.3
3. 1
3.4
43.4
12.7
8.4
4.3
3.3
37.8
8.1
4.3
3.8
2.8
40.2
10.4
5.9
4.5
6.8
42.0
14.2
10.0
4.2
.8
53.7
18. 1
13.3
4.9
9.2
51.7
11.2
8.8
2.4
7.2
47.9
12. 1
9.3
2.9
Corporate equities
Credit narket instruaents
O.S. Governaent securities
Treasury issues
Agency issues
5
6
7
8
9
10
11
12
13
14
15
.4
17.3
9.4
1.5
2.6
2.4
V
11.6
12.6
1.6
4.7
3.5
.3
8.7
12.3
2.2
6.6
3.6
.5
7.3
6.7
7.4
7.3
7.3
1.9
16.2
4.2
4.2
4.3
8.1
1.7
12.7
5.0
5.0
5.2
7.9
2.0
11.9
3.6
6.9
5.4
8.2
1.8
16.8
4.3
.7
4.2
8.3
2.1
23.4
3.8
4. 1
2.2
8.2
1.5
18.8
6.3
11.7
2.3
8.2
2.7
18.0
3.9
9.7
1.5
8. 1
State «- local obligations
Corporate bonds
Hortgages
Open-aarket paper
Policy loans
Hiscellaneous assets
10
11
12
13
14
15
16
17
18
19
20
35.1
11.7
18.3
-3
4.8
35.1
12.3
17.5
•
5.3
35.5
11.4
20.6
-.4
3.8
46. 1
9.9
28.6
-.5
8.2
53.7
13.9
32.7
♦
7.0
44.9
12.5
25.2
-.2
7.4
53.0
13.8
32.2
•
7.0
55.7
14.6
34.3
.1
6.8
61.0
14.7
39.3
♦
6.9
63.8
15.0
41.8
*
7.0
56.4 let increase in liabilities
Life insurance reserves
15.3
34. 1
Pension fund reserves
*
Profit tares payable
Hiscellaneous liabilities
7.0
21
1.6
-.7
.5
2.6
.7
.3
1.7
.2
.7
-1.1
-.4 Discrepancy
16
17
18
19
20
21
Private Pension loads
1
2
3
15.9
.1
5.5
14.0
.1
-1.4
22.3
.1
1.4
22.4
. 1
1.8
26.6
.1
-2.8
21.2
.1
-3.7
26.4
.1
-4.0
27.9
.1
-6
30.8
.1
-4.0
32.8
.1
-4.0
31.2 let acq. of financial assets
Deaand deposits and currency
.1
-5.7
Tiae deposits
1
2
3
4
5
6
7
8
1.9
8.3
2.1
1.6
.5
6.1
8.8
2.8
1.9
.8
9.6
10.8
5.8
4.7
1.2
7.3
12.8
9. 1
6.5
2.6
11.5
17.4
13.6
8.2
5.3
4.0
20.4
16.4
12.0
4.4
8.7
21.2
17.2
11.2
6.0
12. 1
14.8
11.6
6.2
5.5
21.1
13.2
9.0
3.6
5.4
22.4
13.9
9.3
4.2
5.1
18.1
18.3
12.6
9.6
3.0
Corporate equities
Credit aarket instruaents
O.S. Governaent securities
Treasury issues
Agency issues
4
5
6
7
8
9
10
11
5.9
.3
.1
5.7
-3
.4
4.4
.6
.4
3.6
.1
.4
3-5
.4
.4
3.6
.4
.4
3.5
.5
.4
3.4
-.3
.4
3.4
.8
.4
3.0
1-5
.4
5.1
.6
.4
Corporate bonds
Hortgages
Hiscellaneous assets
9
10
11
State and Local Governaent Eaployee Betireaeat funds
1
2
20.7
1.0
16.2
1.3
26.5
.3
31.0
.2
35.2
1.0
37.7
.7
35.8
3.0
26.2
-.1
41.3
.4
48.0
2.5
44.9 let acq. of financial assets
*
Deaand deposits and currency
1
2
3
4
5
6
7
2.6
17.0
7.1
2.7
4.4
4.1
10.8
6.6
5.3
1.4
5.3
20.9
9.9
6.2
3.7
8.3
22.5
10.7
6.6
4. 1
7.7
26.5
18.3
7.4
11.0
9.5
27.4
17.3
7.9
9.3
5.7
27.1
13.2
11.5
1.8
-2.7
28.9
27.6
10.8
16.8
18.1
22.8
15.3
-.7
15.9
22.4
23. 1
18.7
14.8
3.9
13.0
31.8
21.1
13.4
7.8
Corporate equities
Credit aarket instruaents
O.S. Governaent securities
Treasury issues
Agency issues
3
4
5
6
7
8
9
10
.4
9.0
.5
*
3.2
1.0
.1
9.5
1.3
-.2
10.2
1.8
-.5
7.4
1.3
-.8
9.0
2.0
.8
12.1
1.0
-.8
.2
1.9
-1.0
8.1
.4
-2.4
6.2
.7
-.3
8.2
2.8
State ♦ local obligations
Corporate bonds
Hortgages
8
9
10
Other Insorance Coapanies
1
4.6
4.3
5.8
4.1
2.8
2.2
2.8
3.4
2.8
3.3
2
3
20.4
.4
18.8
.3
15.0
-1
14. 1
.1
15.6
3.9
14.5
1.6
15.6
2.3
16.3
5.9
16.0
5.9
16.8
3.0
2.8
5.6
4.5
1.8
2.7
2.8
5.2
3.6
1.2
2.4
2.9
8.9
5.0
2.4
2.6
4
5
6
7
8
2.0
16.5
1.2
-7
-5
3.2
13.4
1.3
.2
1.1
3. 1
9.9
1.8
1.6
.2
2.0
9.4
2.2
1.4
.8
2.7
6.9
4.0
1.5
2.5
2.5
8.2
4. 1
1.8
2.3
2.7
8.5
4.0
1.2
2.7
9
10
11
12
13.5
1.8
*
1.5
9.9
2.0
.3
1.9
7.7
•
.3
2.0
4.0
2.8
.4
2.6
3.0
-.5
.3
2.1
3-4
.5
.3
2.2
5-1
-.8
.3
2.1
1.9
-1.1
•2
2. 1
1.8
-.5
.2
2. 1
3.7
a
-3
2.0
13
14
15
16
15.0
.8
.1
14.1
15.6
.9
a
14.7
13.4
1.2
-.2
12.4
11.8
1. 1
-.2
10.8
13.4
2.8
*
10.6
12.8
2.3
-. 1
10.6
13.3
2.9
•
10.5
13.6
3.1
*
10.5
13.7
3.0
a
10.7
13.9
3.0
a
10.9
17
-.7
1.1
4.2
1.8
.6
.5
.5
.8
.6
.4
SILLIOIS OP DOLLABS.
11/83 BASED 01 IMCOHPLBTE IIPOBHATIOI.
3.3 Current surplus
1
16.8 let acq. of financial assets
Deaand deposits and currency
2.0
2
2.9
9.9
7.0
4.6
2.4
Corporate equities
Credit aarket instruaents
O.S. Governaent securities
Treasury issues
Agency issues
4
5
6
7
8
2.5
.1
.2
2.0
State * local obligations
Corporate bonds
Coaaercial aortgages
Trade credit
9
10
11
12
14.2 Het iacrease in liabilities
Corporate equity issues
3.1
a
Profit taxes payable
Policy payables
11.1
.6 Discrepancy
3
13
14
15
16
17
AOGOST 31, 1983
Finance N.E.C.
Finance W.B.C.
Sector Statenents of Saving aad Investnent
26
UNADJUSTED BBT FLOWS($ SILL)
UNADJUSTED BBT FLOWS(3 HILL)
1982
I
1 Current surplus of group
—1,843
II
III
-778
-553
1
t
If
-1,195
1983
I
-1,387
BILLIONS OF DOLLABS
1974
1975
1976
1977
II
1973
-504
-1.9
-.7
-1.3
-.8
-2.2
1
1
2
3
4
5
6
Finance Conpanies
1 Het acg. of financial assets
Denand deposits and currency
2
3
Credit narket instrunents
4
Bortgages
5
Consuaer credit
Other loans (to business)
6
7 Het increase in liabilities
Credit narket instruaents
8
9
Corporate bonds
Bank loans n.e.c.
to
11
Open-narket paper
12
13
14
Profit taxes payable
Inv. by parent conpanies
Other aisc. liabilities
-1,482
27
-1,509
650
-2,000
-159
4,103
26
4,077
-147
3,485
739
200
25
175
200
456
-481
1,893
24
1,869
425
2,946
-1,502
667
23
644
225
-1,109
1,528
5,542
22
5,520
350
2,018
3,152
11.7
.2
11.4
1.9
4.6
5.0
5.1
.2
4.9
-1.9
1.9
4.8
2.9
.2
2.6
-1.3
.2
3.7
11.9
.2
11.7
-.4
3.4
8.6
22.7
.2
22.5
1.2
7.8
13.5
-585
-3,053
-798
1,642
-3,897
7,254
8,029
196
1,320
6,513
-345
-742
629
476
-1,847
751
635
1,214
3,491
-4,070
-129
-1,495
1,622
-2,641
-476
6,478
5,036
2,081
-1,395
4,350
13.2
9.5
3.0
4.6
2.0
6.6
6.0
1.8
.7
3.6
5.1
.5
2.7
-2.8
.6
12.7
4.3
3.1
-2.1
3.3
23.6 7
16.9 8
7.8 9
.7 10
8.4 11
-15
969
1,514
-3
-355
-417
1
299
97
-4
104
16
-2
1,280
88
-1
1,232
211
1.4
2.3
.7
-.1
3.4
1.2
6.4
2.1
. 1 12
-.5 13
7.1 14
__________ _______ ________ _____
1 Physical investnent
2 Het acg. of financial assets
3
Bortgages
4
Hiscellaneous assets
5 Het increase in liabilities
Corporate eguity issues
6
7
Credit narket instrunents
8
Bortgages
9
Corporate bonds
10
Bank loans n.e.c.
11
Open-narket paper
12
Hiscellaneous liabilities
66
66
66
66
66
66
48
-400
448
48
-125
173
49
-77
126
48
-73
121
49
49
49
-75
124
170
156
14
30
-5
20
-31
178
165
13
30
-5
19
-31
176
162
14
29
-5
21
-31
184
171
13
29
-5
20
-31
174
160
14
28
-4
20
-30
-
-
-
-
--------- - __—_
-
..
____ _
Beal Estate Investnent; Trusts
.7
1.1
3.0
1.6
.2
1
5.6
5.6
*
.5
.2
.4
-3.6
-4.8
1.2
-4.1
-3.8
-.3
-3.2
-2.4
-.8
2
3
4
179
165
14
28
-3
18
-29
6.5
1.0
5.6
.3
.6
4.0
.7
1.4
-.9
1.5
.2
.2
4.4
-3.3
a
-1. 1
-.1
.4
—
-.6
.1
-2.0
-.3
-1.9
.4
-.2
-1.9
-.3
-2.4 5
.6 6
-2.5 7
a 8
-. 1 9
-2.4 10
a 11
-
-
.8
1.3
•2
-.5 12
,
Open-End Investnent Conpanies (Hutual Funds)
-1,259
-95
-30
-684
-1,389
-538
-.9
-.9
-.1
-.1
-.7
1
2 Het acg. of financial assets
Denand deposits and currency
3
3,040
-34
2,164
18
6,192
147
5,138
197
10,261
204
7,049
250
-1.1
-.2
. 1
-.2
-.4
.1
-2.5
.1
.2
a
2
3
4
5
6
7
8
9
451
2,623
737
2,235
-496
147
-4
2,150
383
1,298
-27
496
1,184
4,861
699
4,405
746
-989
1,876
3,065
493
2,942
-70
-300
3,012
7,045
-127
5,467
647
1,058
4,953
1,846
140
307
565
834
-2.2
1.3
a
.1
1.2
-.4
.7
.4
.6
-.4
-.9
.5
a
.7
-.2
-2.4
-.2
a
.5
.3
-1.1
-3.7
3.9
.2
1.6
1. 1
1.1
4
5
6
7
8
9
4,299
2,259
6,222
5,822
11,650
7,587
-.2
.9
-.3
-2.4
22,025 -17,013 -26,296 -15,680
-467
-799
-138
1,015
5,601 -9,752 -10,467 -4,268
2,168 -2.682 -2,986 -1,188
940 -4,577
462
-385
-
2.4
1.6
.1
-
1.3
a
.5
.1
-
a
a
-.7
a
-
.2
a
.3
.1
a
1
2
3
4
5
14,249
17,669
-3,420
-623
-7,075 -10,960
14 -15,262
-7,089
4,302
-392
412
-
.8
.1
.6
-. 1
.7
.8
-.1
a
•6
.2
.4
a
-.1
-.3
.1
-. 1
6
7
8
9
22,025 -17,013 -26,296 -15,680
-
2.4
1.3
a
1 Current surplus
Corporate eguities
Credit narket instrunents
O.S. Governnent securities
State * local obligations
Corporate bonds
Open-narket paper
10 Het share issues
.9 10
Honey Harket Hutual Funds
1 Net acg. of financial assets
Denand deposits and currency
2
Tine deposits
3
4
Security HP’s
5
Foreign deposits
6
7
8
9
Credit narket instrunents
O.S. Governnent securities
Open-narket paper
Hiscellaneous
10 Net share issues
-1,183
-2,750
2,756
3,620
10,124
1,462
3,827
-547
738
6,226
3,560
2,666
892
5,394
240
5,154
-750
9,561
10,124
9,561
-4,427
1,260
-5,687
-625
.2 10
Security Brokers and Dealers
1 Het acg. of financial assets
Denand deposits and currency
2
-5,990
307
1,198
502
3,491
508
5,599
323
-2,270
168
3,250
41
-3.6
-.2
-3.0
-. 1
3.2
a
8.4
.2
.9
a
1
2
3
4
5
6
7
8
-1,536
-1,856
-320
-1,536
-2,905
-321
-109
187
24
-320
1,126
244
2,026
1,500
282
244
713
1,228
-196
-1,265
-159
1,228
4,244
-1,876
-2,873
-1,250
253
-1,876
2,311
755
2,346
1,791
-200
755
108
.4
.6
*
.2
.4
-4.3
-.6
-.8
.2
-.4
-.6
-1.6
1.2
1.0
-.1
-.1
1.2
1.0
.5
3.1
2.4
.3
.5
4.6
.2
-.3
-.7
.2
.2
1.0
3
4
5
6
7
8
-6.075
-6,083
-5,563
-520
1,021
1,011
1,017
-6
3,188
3,139
1,235
1,904
5,258
5,175
3,240
1,935
-2,370
-2,426
-3,226
800
3,150
3,082
1,290
1.792
-3.4
-3.4
-3.2
-.2
-3.0
-2.9
-1.9
-1.0
2.9
2.9
2.2
.6
8.0
7.9
6.5
1.5
.8 9
.9 10
1.9 11
-1.0 12
8
10
49
83
56
68
♦
-. 1
a
.1
-. 1 13
Corporate eguities
Credit narket instrunents
U.S. Governnent securities
State * local obligations
Corporate bonds
Security credit
9 Het increase in liabilities
10
Security credit
11
Froa banks
12
Custoner credit balances
13
Profit taxes payable
11/83 BASED OH PB ELI MIN AST AHD INCOHPLETE INFORMATION
AUGUST 31, 1983
Finance H-E.C.
Finance H.E.C.
Sector Statea*Bts of Saving and Investaeat
SEASONALLY AOJUSTED ABHUAL BATES
1
SEASONALLY ADJUSTED AUSUAL BATES
1978
1979
1980
1981
1982
-.9
-2.5
-4.2
-4.4
-4.4
1
1
1982
1
1
1983
I
I
II
Ill
17
-5.4
-4.6
-3-4
-4.1
-3.3
-3.7 Current surplus of group
1
1
2
3
4
5
6
II
Finance Conpanies
2
3
4
5
6
24.1
.2
24.0
.9
11.6
11.5
27-3
.2
27.1
.8
16.2
10. 1
13.9
.1
13.8
.6
9.8
3.4
26.2
.1
26.1
2.9
13.7
9.5
4.7
.1
4.6
1.1
4.9
-1.4
5.8
.1
5.7
1-9
-.6
4.4
9.5
.1
9.4
-1.2
11.8
-1.2
10.4
.1
10.3
1.0
1.5
7.7
-6.8
.1
-6.9
2.7
6.9
-16.5
18.8
.1
18.7
-.3
7. 1
11.9
13. 1 Bet acq. of financial assets
.1
Deaand deposits and currency
Credit aarket instruaents
13.0
Mortgages
1.0
3.8
Consuner credit
Other loans (to business)
8.2
7
8
9
10
11
23.5
18.1
6.4
3.9
7.8
26.6
16.6
4.3
-1.0
13.3
14.0
6.3
5.4
1.4
-.5
25.5
14.1
-.8
1.0
13.9
7.1
4.9
1.2
6.9
-3.3
9.0
-.8
-1.2
8.7
-8.4
16.8
19.9
-.6
4.2
16.3
7.7
6.1
3.8
8.0
-5.7
-5.2
-5.6
3-0
6.9
-15.5
15.0
9.6
9.3
-7.9
8.2
11.3 Het increase in liabilities
5.5
Credit aarket instruaents
Corporate bonds
7.0
Bank loans n.e.c.
-6.5
Open-aarket paper
5.0
12
13
14
.1
2.7
2.6
-.1
5.5
4.6
-.2
4.4
3.5
-.2
7.9
3.6
*
1.0
1.2
-. 1
3.9
6. 1
*
-1.4
-1.7
*
1.2
.4
*
.4
.1
♦
5.1
.4
u
4.9
.8
Profit taxes payable
lav. by parent conpanies
Other aisc. liabilities
7
8
9
10
11
12
13
14
Real Estate Investnent Trusts
-
-
-
-
.3 Physical investaeat
1
.3
.3
.3
.3
.3
.3
2
3
4
-1.4
-1.1
-.3
-.6
-1.0
.3
-1.7
-.7
-1.0
-.7
-1. 1
.4
.2
-.7
.9
.2
-1.6
1.8
.2
-.5
.7
•2
-.3
.5
.2
-.3
.5
.2
—
.2
.2 Het acq. of financial assets
-.3
Hortgages
Hiscellaneous assets
.5
2
3
4
5
6
7
8
9
10
11
-1.0
.6
-1.4
.1
-.2
-1.4
.1
-.3
.9
-1.3
*
*
-1.4
.1
-1.5
.6
-2.2
-. 1
-.2
-1.7
-.2
-.5
-.7
.2
-.5
-.7
1.5
•
.7
.7
.1
.1
*
.1
-. 1
.7
.6
.1
.1
•
.1
-. 1
.7
.7
.1
.1
*
.1
-.1
.7
.6
.1
.1
*
.1
-. 1
.7
.7
.1
.1
V
.1
-. 1
.7
.6
.1
.1
♦
.1
-.1
.7 Het increase in liabilities
.7
Corporate equity issues
Credit aarket instruaents
.1
Hortgages
.1
♦
Corporate bonds
.1
Bank loans n.e.c.
Open-aarket paper
-.1
5
6
7
8
9
10
11
12
-. 1
♦
.1
♦
-
-
-
-
-
-
1
-
Hiscellaneous liabilities
12
Open-End InvestBent Conpanies (Hutual Fuads)
1
-.8
-.9
-2.0
-2.2
-2. 1
-3.1
-1.8
-1.3
-2.0
-3.3
-3.8 Current
surplus
i
2
3
-.9
♦
-.8
.1
3.1
-1
4.7
•
16.5
.3
11. 1
-.1
10.4
.1
24.9
.6
19.8
•8
39.5
.8
30.3
1.0
et acg. of financial assets
Deaand deposits and currency
4
5
6
7
8
9
-1.6
.8
-.2
.5
-.7
1. 1
-2.8
1.9
♦
1.4
.8
-.2
-1.8
4.8
.3
2.0
1.3
1.2
-.6
5-3
.9
2.9
1.6
-. 1
3.5
12.7
2.3
10.9
.2
-.6
.7
10.5
2.9
8.9
-2.0
.6
1.7
8.6
1.5
5.2
-.1
2.0
4.9
19.4
2.8
17.6
3.0
-4.0
6.7
12.3
2.0
11.8
-.3
-1.2
10.5
28.2
-.5
21.9
2.6
4.2
21.9
7.4
.6
1.2
2.3
3.3
Corporate equities
Credit aarket instruaeats
U.S. Governnent securities
State ♦ local obligations
Corporate bonds
Open-aarket paper
10
-. 1
5.2
6.8
18.6
14.2
12.2
26.2
21.8
42.8
share issues
1
34.1 let
Honey Harket Hutual Funds
1
2
3
4
5
6.9
*
2.7
.1
.5
34.4
V
7.5
2. 1
4.6
29.2
.1
9.0
3.2
1.7
107.5
-.7
22.8
8.9
12. 1
24.7
.8
-3.1
1.7
4.9
38.2
-4.7
-11.0
11.0
14.5
40.5
5.8
15.3
-2.2
3.0
88.1
4. 1
22.4
8.7
-1.5
-68. 1
-1.9
-39.0
-10.7
3.8
-105.2
-3.2
-41.9
-11.9
-18.3
6
7
8
9
3.2
.6
2.6
.5
19.8
4.2
15.6
.4
14.9
2.6
12.3
.4
62.5
23.7
38.8
1.9
21.4
22.7
-1.3
-1.1
24.9
14.2
10.7
3.6
21.6
1.0
20.6
-3.0
57.0
70.7
-13.7
-2.5
-17.7
5.0
-22.7
-2.5
-28.3
.1
-28.4
-1.6
10
6.9
34.4
29.2
107.5
24.7
38.2
40.5
88. 1
-68.1
-105-2
-62.7 1
-.6
-17.1
-4.8
1.8
Deaand deposits and currency
Tine deposits
Security HP’s
Foreign deposits
-43.8
-61.0
17.2
1.6
Credit aarket instruaents
U.S. Governaent securities
Open-aarket paper
Hiscellaneous
-62.7 Bet
1
share issues
6
7
8
9
10
Security Brokers and Dealers
1
2
.2
.2
1-2
.9
7.0
.5
2.9
4.3
1.6
-8.3
1.2
.2
2.0
16.0
2.0
9.3
1.3
7.7
.7
3
4
5
6
7
8
— .4
-1.3
-.8
-.2
-.4
1.6
-1.5
.6
1.9
.2
-1-5
1.1
.7
-.7
-1.4
*
.7
6.5
2. 8
2.4
-.6
.2
2.8
-2.3
-.4
-.1
.4
-.2
—.4
3.2
1.7
.4
-1.3
1.7
-11.6
-3.6
-2.7
.7
.1
-3.6
4.5
2.0
9. 1
6.0
1.1
2.0
2.9
-1.6
-7.3
-5.1
-.6
-1.6
17.0
.9
-3.1
-5.0
1.0
.9
9.2
9
10
11
12
♦
♦
-2.4
2.5
1.2
1. 1
-.8
1.8
6.2
6.0
.8
5.2
2.5
2.5
4.6
-2. 1
3.4
3.2
-.1
3.3
-8.7
-8.7
-6.7
-2.1
-.5
-.6
-.6
*
14.8
14.6
7.0
7.6
8.0
7.7
•
7.7
7.3
7.1
3.9
3.2
13
V
.1
.2
*
.2
.1
.1
-2
.2
.3
BILLIONS OF DOLLARS.
11/83 BASED OH INCOMPLETE IBFORHATIOH.
8.4 Het acq. of financial assets
Deaand deposits and currency
.2
1
2
.7
7.1
7.2
-.8
.7
.4
3
4
5
6
7
8
Corporate equities
Credit aarket instruaents
U.S. Governaent securities
State ♦ local obligations
Corporate bonds
Security credit
8.0 Het increase in liabilities
Security credit
7.7
Fron banks
.5
Custoner credit balances
7.2
9
10
11
12
Profit taxes payable
13
.3
1OGUST 31, 1983
Sonetarj and Insurance Reserves
Monetary and Insurance Reserves
Foreign Exchange, Treasary Currency, Insurance Reserves, and Interbank Clains
28
tJS AD J US TED RET FLOSS ($ HILL)
UNADJUSTED RET FLOWS (J RILL)
1982
I
II
IT
III
|
|
1983
I
II
1973
BILLIOIS OF DOLLARS
1974
1975
1976
1977
Gold and Official Foreign Exchange Holdings (1)
1 Total O.S. reserves
2 U.S. gold stock and SDR's
O.S. Govt.: Ex. Stab. Fund
3
4
Monetary authority (2)
5 U.s. foreign exchange position
Official fgn.currency hldgs.
6
7
Treasury
8
Monetary authority
9
10
11
Met IMF position
U.S. Governnent asset
Monetary authority
1,087
1,200
797
1,950
771
782
-.2
1.5
.8
2.6
-4
1
88
98
-10
249
256
-7
*
*
.2
.1
.1
*
.1
-.1
.1
.1
V
.2
.1
.1
2
3
4
.1
-.2
*
-.2
5
6
7
8
398
399
-1
289
290
-1
434
435
-1
297
297
689
142
318
-176
911
77
251
-174
363
-98
-435
337
1,653
920
272
648
683
- 1,450
-648
-802
533
400
1,040
-640
-.1
-.2
•
-.2
1.3
»
«
*
.8
.3
.2
.1
2.5
.3
.2
.1
547
548
-1
834
833
1
461
453
8
733
732
2,133
2,115
18
133
157
-24
*
♦
*
1.3
1.3
♦
.5
.4
.1
2.2
2.2
«
.3 9
.3 10
V 11
.4
.5
-. 1
.9
1.0
♦
1.2
1.4
-.2
.3 1
.6 2
-.33
(1) Lines 1, 2, and 3 exclude increases in SDR's through allocations , which
occurred at various dates beginning January 1970. Transactions in SDR*s
are included.
Also excluded froa the table are revaluations of foreign
currency holdings, gold, SDR's, and IHF position. Allocations and
revaluations are reflected in tables on outstandings.
(2) Treasury gold stock.
Treasury Currency and S.D.R. Certificates
1 Total U.S. Govt, liability
2
Monetary authority asset
3
Unallocated assets
354
-496
850
337
297
40
471
405
66
495
400
95
112
112
133
133
-4
.4
♦
Insurance and Pension Fund Reserves
Life insurance reserves:
1 Met change in liabilities
2
U.S. Governnent
Life insurance coapanies
3
3,289
154
3,135
3,477
23
3,454
3,645
7
3,638
3,704
17
3,687
3,756
12
3,744
3,828
14
3,814
7.6
.2
7.4
6.7
.1
6.6
8.7
.1
8.5
8.4
.2
8.2
11.5
.2
11.3
1
2
3
4 Met change in assets (HH)
3,289
3,477
3,645
3,704
3,756
3,828
7.6
6.7
8.7
8.4
11.5
4
5 Het change in liabilities
6
U.S. Governaent
7
Insurance sector
8
Life insurance coapanies
9
Private pension funds
St.+loc. govt. rtr. funds
10
18,657
-2,865
21,522
6,292
5,816
9,414
25,375
1,928
23,447
8,050
6,448
8,949
33,988
11,983
22,005
8,563
6,894
6,548
28,254
680
27,574
9,833
7,417
10,324
28,356
-2,954
31,310
10,455
8,843
12,012
29,758
2,317
27,441
8,529
7,696
11,216
25.4
2.1
23.2
5-5
8.3
9.5
29.6
2.7
26.8
6.4
10.7
9.7
34.9
3.7
31.2
8.1
11.8
11.3
44.0
4.6
39.5
15.3
11.2
12.9
55.9 5
6.4 6
49.5 7
14.9 8
18.7 9
15.9 10
11 Ret change in assets (hh)
18,657
25,375
33,988
28,254
28,356
29,758
25.4
29.6
34.9
44.0
55.9 11
Pension fund reserves:
Met Interbank Clains
1 Het change in liabilities
2
Monetary authority
Meaber bank reserves
3
4
Vault cash
5
6
7
8
9
10
11
12
Coaaercial banking
To aonetary authority
To foreign banks, net
Liabilities, net
O.S.-chartered banks
Due fgn. affiliates
-Due fr. affiliates
♦Br. loans to U.S.
3,117
-882
1,129
-2.011
-6,944 -10,030
-779
-2,674
-6,159
120
-899
3,485
1,679 -12,036
6,505 -4,316
6,171 -3,070
334 -1,246
1,488
-3,455
-5,415
1,960
-.2
3.5
1.4
2.0
.2
-.3
-1.2
1.0
-11.1
.8
.2
.6
-8.9
-1.0
-.9
-.1
-1. 1
3.5
1.7
1.8
3,999
1,165
-2,182
2,076
2,769
-55
-2,083
741
-4,270 -9,251
-345 -2,510
-7,425 -13,270
-3,415 -12,847
-1,658 -7,333
2,397 -2.820
6,438
4,236
181
1,925
-4,826 -7,720
1,779
-158
-7,244 -8,546
-5,413 -7,867
-1,695 -13,915
-642 -1,325
723 13,259
669
-330
4,943
1,374
4,197
4,831
4,488
4,782
813
519
-3.6
-1.6
-2.7
-2.3
-.8
-.2
.6
*
.4
-2. 1
*
.9
-1.4
2.6
4.2
.2
-11.9
1.6
-9.8
-7.9
-7.1
-.8
6.3
.1
-7.8
-1.3
-5.7
-3.9
-6.8
.7
7.6
.2
-4.6 5
1.4 6
-.7 7
1.4 8
-1. 1 9
3.5 10
4.8 11
.2 12
1
2
3
4
13
14
15
Fgn. bkg. off. in U.S.
Due fgn. affiliates
Less: Due froa aff.
-693
-3,097
-2,404
-1,757
2,552
4,309
-5,514
-1,429
4,085
-3,718
-651
3,067
6,048
3,278
-2,770
343
-3,675
-4,018
-1.5
-.3
1.2
2.2
4.5
2.3
-.9
.9
1.7
2.9
4.0
1.0
2.5 33
5.6 14
3.1 15
16
17
18
Less: Dep. at fgn. banks
O.S.-chartered banks
Fgn. bkg. off. in U.S.
4,258
4,010
248
4,010
3,905
105
423
762
-339
1,831
1,615
216
679
341
338
634
634
.3
«
.3
.9
-6
.2
1.9
1.3
.6
1.8
1.9
-. 1
2.0 16
.4 17
1.6 18
19
20
21
22
23
24
25
To O.S. banking, net
U.S.-chartered banks
Liabilities
To don. affiliates
To fgn. offices
Unallocated
Less:Due froa fgn off.
5,016
393
-1,541
703
-7,260
5,016
-1.934
3,500
1,406
4,206
1,778
-1,072
3,500
2,800
6,529
-9,974
4,393
-4,593
2,457
6,529
14,367
639
-1,293
-3,005
-3,644
639
-1,712
984
-2,095
611
-373
984
2,706
-628
2,133
-3,483
1,056
-3,911
-628
-5,616
.6
-3.3
4.9
.1
4.2
.6
8.3
2.5
3.2
10.4
3.3
4.6
2.5
7.2
-3.8
-4.2
-4.2
-2.0
1.5
-3.8
-.1
-.9
-3
4.2
.3
4.8
-.9
3.9
-5.4
-2.7
2.3
1.6
6. 1
-5.4
5.0
-703
-1,778
4,593
5,326
-1,934
-7,260
3,872
2,800
-1,072
11,910
14,367
2,457
26
Doaestic affiliates
27
28
29
Fgn. bkg. off. in U.S.
Due to U.S. banks
Less:Due froa U.S.bks.
30 Ret change in assets
Foreign
31
Doaestic
32
33
Monetary authority
34
Federal Beserve float
35
Loans to aeaber banks
36
37
38
-1,899 -10,444 -16,559
-2,182 -7,425 -13,270
283 -3,019 -3,289
-345 -2,510
1,165
663 -1,995
120
-515
1,045 -1,008
19
20
21
22
23
24
25
-1,056
-. 1
-3.3
2.0
-.3
-1.6 26
3,079
2,706
-373
-1,705
-5,616
-3,911
4.0
8.3
4.2
2.6
7.2
4.6
-1.6
-.1
1.5
-.9
3.9
4.8
-1. 1 27
5.0 28
6.1 29
1,040 -13,020
-7,244 -8,546
8,284 -4,474
1,779
-158
2,185 -2,249
2,091
-406
2,116
4,197
-2,081
1,374
572
802
-.8
-2.7
1.9
-1.6
-.9
-.7
-2.3
*
-2.3
-2.1
-1.1
-1.0
-7.3
-9.8
2.4
1.6
1.7
-.1
-8.0
-5.7
-2.3
-1.3
-1.1
-.2
4.3
-.7
5.0
1.4
1.2
.2
1,932
-1,712
-3,644
-
30
31
32
33
34
35
U.S.-chartered banks
Meaber bank reserves
Vault cash
-882
1,129
-2,011
-2,674
-6,159
3,485
-779
120
-899
6,505
6,171
334
-4,316
-3,070
-1,246
-3,455
-5,415
1,960
3.5
1.4
2.0
-.3
-1.2
1.0
.8
.2
.6
-1.0
-.9
-.1
3.5 36
1.7 37
1.8 38
Floats, etc.
5,016
3,500
6,529
639
984
-628
.6
2.5
-3.8
-.9
-5.4 39
39 Discrepancy:
11/83 BASED 01 PRELIHIIARI ARD INCOHPLETE IRFORHATIOR
AUGUST 31, 1983
Bonetary and Insurance Reserves
Bonetary and Insurance Reserves
foreign Exchange, Treasury Currency, Insurance Reserves, and Interbank Clains
SEASONALLY ADJUSTED ANNUAL RATES
SEASONAILI ADJUSTED ANNUAL BATES
1978
1979
1980
198 1
1982
I
1
1982
II
1
IV
III
!
1983
I
II
Gold and Official foreign Exchan ge Boldin gs (1)
1
-.,7
. 1
7.0
4. 1
5.0
4.3
4.8
3.2
7.8
3. 1
2
3
4
-1.2
-1.3
. 1
.1
-3
-.2
-1. 1
-1. 1
*
.7
.7
*
1.4
1.4
*
1.6
1.6
♦
1.2
1.2
*
1.7
1.7
*
1.2
1.2
-
.4
.4
*
5
6
7
8
.5
4.7
3. 1
1.6
*
-.3
-1. 1
.9
8. 1
6.5
3.9
2.6
3.3
.9
.8
*
3.6
1.0
.4
.6
2.8
.6
1.3
-.7
3.6
.3
1.0
-.7
1.5
-.4
-1.7
1.3
6.6
3.7
1.1
2.6
2.7
-5.8
-2.6
-3.2
9
-4.2
-4.2
.2
.2
*
1.7
1.7
*
2.5
2.5
2.6
2.6
2.2
2.2
•
3.3
3.3
*
1.8
1.8
2.9
2.9
♦
8.5
8.5
. 1
to
♦
11
«
♦
3. 1 Total O.S. reserves
1
1.0 U.S. gold stock and SDR's
1.0
U.S. Govt.: Ex. Stab, fund
♦
Bonetary authority (2)
2
3
4
2. 1 U.S. foreign exchange position
Official fgn.currency hldgs.
1.6
Treasury
4.2
Bonetary authority
2.6
5
6
7
8
.5
.6
-. 1
Met IBP position
0.S. Governaent asset
Bonetary authority
9
10
11
(1) Lines 1, 2, and 3 exclude increases in SDR •s through allocations, which
occurred at various dates beginning January 1970. Transactions in SDR's
are included.
Also excluded fron the table are revaluations of foreign
currency holdings, gold, SDR's, and IflF position. Allocations and
revaluations are reflected in tables on outstandings.
(2) Treasury gold stock.
Treasury Currency and S.D.R. Certificates
.5
.6
*
1
2
3
1.6
1.7
1
1.3
1.5
-.2
1.2
1.9
-.2
1.7
.6
1.1
1.9
-2.0
3.9
1.3
1.2
.2
1.9
1.6
.3
2.0
1.6
.4
.9
.9
.5
.5
Total D.S. Govt, liability
Bonetary authority asset
Unallocated assets
1
2
3
Insurance and Pension fund Reserves
Life insurance reserves:
1
2
3
12.0
.3
11.7
12.5
-3
12.3
11.5
♦
11.4
10. 1
.3
9.9
14. 1
.2
13.9
13.2
.6
12.5
13.9
.1
13.8
14.6
e
14.6
19.8
.1
14.7
15.0.
*
15.0
15.3 Met change in liabilities
O.S. Governnent
.1
Life insurance conpanies
15.3
1
2
3
4
12.0
12.5
11.5
10. 1
14. 1
13.2
13.9
14.6
14.8
15.0
15.3 Net change in assets (HH)
4
5
6
7
8
9
10
61.8
6.9
54.9
18.3
15.9
20.7
55.6
7.9
47.7
17.5
14.0
16.2
78.2
8.7
69.4
20.6
22.3
26.5
91.7
9.8
81.9
28.6
22.4
31.0
106.3
11.7
94.5
32.7
26.6
35.2
91.2
7.2
84.0
25.2
21.2
37.7
106.6
12.1
94.4
32.2
26.4
35.8
105.0
16.6
88.4
34.3
27.9
26.2
122.4
11.0
111.4
39.3
30.8
41.3
130.9
8.3
122.6
41.8
32.8
48.0
124.3 Met change in liabilities
14.1
O.S. Governnent
110. 1
Insurance sector
34. 1
Life insurance conpanies
Private pension funds
31.2
44.9
St.vloc. govt. rtr. funds
5
6
7
8
9
10
11
61.8
55.6
78.2
91.7
106.3
91.2
106.6
105.0
122.4
130.9
124.3 Net change in assets (hh)
11
-9. 1 Met change in liabilities
-10.0
Bonetary authority
-10.0
fleaber bank reserves
«
Vault cash
1
2
3
4
Pension fund reserves:
Met Interbank Clains
1
2
3
4
16.0
5.9
4.4
1.5
22.7
1.6
- 1.4
3-0
-29.5
-1.0
-2.3
1.3
-15.8
-3.4
-2.2
-1.2
-12.2
2.2
1.3
.9
-1.9
1.4
-2.4
3.8
-40. 1
-7.4
-14.8
7.4
-45.0
-3.0
1-3
-4.3
38.3
17.7
21.0
-3.3
-65.7
-12.8
-19.8
7.0
5
6
7
8
9
10
11
12
10. 1
3.6
5.7
5.2
1.5
4.4
3. 1
.3
2 1.1
.5
22.3
22. 1
16.3
13.1
-1.2
2.0
-28.5
-1.9
-23.2
-17.7
-18.9
-5.7
14.5
1.3
-12.4
-2.9
-7.0
-4.0
-2.9
5.3
17. 1
8.9
-14.3
. 1
-30. 1
-19.6
-7.9
-1. 1
9.3
2.5
-3.3
6.4
-22.3
-5.3
-1.0
6. 1
10. 1
3.0
-32.7
-1. 1
-42.4
-26.4
-13.2
.5
14.4
.7
-42.0
-8.8
-60.2
-58.5
-29.4
-21.7
15.4
7.7
20.6
3.8
4.4
11.7
12.0
10.6
-2.7
-1.3
-52.9
.1
-49.0
-46.2
-69.4
1.2
73.2
2.7
.9
6.4
•1
2.6
9.8
7.4
-.3
2. 1
13
14
15
3.7
7. 1
3.3
5.8
15.5
9.7
1.2
13.5
12.3
-1. 1
11. 1
12.3
-11.7
-2.6
9. 1
-4.3
1. 4
5.7
-13. 1
2.6
15.7
-29.0
-13. 1
15.9
-.3
-1.4
-1. 1
23. 1
29.8
6.7
-7.2
-24.9
-17.7
Pgn. bkg. off. in U.S. 13
Due fgn. affiliates 14
Less: Due fron aff.
15
16
17
18
-.5
-.9
.4
-.2
-.2
*
5.4
3.4
2.0
3.0
3.4
-.4
10.5
10.3
.2
17.0
16.0
1.0
16.0
15.6
.4
1.7
3.0
-1.4
7.3
6.5
.9
2.7
1.4
1.4
2.5
2.5
Less: Dep. at fgn. banks 16
17
U.S.-chartered banks
Pgn. bkg. off. in U.S. 18
19
20
21
22
23
24
25
.8
-3.5
11.8
3.0
8.0
.8
15.3
-1.7
-4.0
12.0
1.4
12.3
-1.7
16.0
-3.4
-12.4
12.6
2.7
13.3
-3.4
25. 1
-2.4
-9.7
6.0
1.4
7. 1
-2.4
15.7
15.7
-9.5
4. 1
-2. 1
-9.5
15.7
13.5
12.6
-11.2
-10.2
2.8
-25.5
12.6
1.0
10.7
-13.6
6.6
7.1
-11.3
10.7
20.2
27.0
-39.0
8. 1
-18.4
-.5
27.0
47. 1
12.4
25.9
11.7
-.8
12.4
-14.2
-4. 1
-22.4
-2.2
1.8
-4. 1
20.2
-5.5
-13.6
-26.9
4.2
-25,5
-5.5
-13.2
26
-3.0
-1.4
-2.7
-1.4
2. 1
-2.8
-7.1
18.4
-
-4.2
27
28
29
7.3
15.3
8.0
3.7
16.0
12.3
11.7
25. 1
13.3
8.6
15.7
7. 1
23.0
13.5
-9.5
26.5
1.0
-25.5
31.5
20.2
-11.3
47.6
47. 1
-.5
-13.5
-14.2
-.8
18.4
20.2
1.8
12.3
-13.2
-25.5
30
31
32
33
34
35
15.2
5.7
9.5
3.6
2.7
.9
24.4
22.3
2. 1
.5
.3
.3
-26. 1
-23.2
-3.0
-1.9
-2.3
.4
-13.3
-7.0
-6.3
-2.9
-2.7
-.2
-27.9
-30. 1
2.3
.1
1.0
-.9
-14.4
-22.3
7.9
6.4
3.0
3.4
-50.9
-42.4
-8.5
-1. 1
1.5
-2.6
-72.0
-60.2
-11.9
-8.8
-5.0
-3.8
25.9
4.4
21.5
3.8
4.4
-.6
-61.6
-49.0
-12.7
.1
-7.2
7.4
36
37
38
5.9
4.4
1.5
1.6
-1.4
3.0
-1.0
-2.3
1.3
-3.4
-2.2
-1.2
2.2
1.3
.9
1.4
-2.4
3.8
-7.4
-14.8
7.4
-3.0
1.3
-4.3
17.7
21.0
-3.3
-12.8
-19.8
7.0
39
.8
-1.7
-3.4
-2.4
15.7
12.6
10.7
27.0
12.4
-4. 1
BILLIONS Of DOLLABS.
11/83 BASED ON INCOMPLETE INPORBATIOM.
-
Connercial banking
To nonetary authority
To foreign banks, net
Liabilities, net
U.S.-chartered banks
Due fgn. affiliates
-Due fr. affiliates
*Br. loans to U.S.
To O.S. banking, net
O.S.-chartered banks
Liabilities
To doa. affiliates
To fgn. offices
Unallocated
Less:Due fron fgn off.
Doaestic affiliates
19
20
21
22
23
24
25
26
27
Pgn. bkg. off. in O.S.
28
Due to O.S. banks
Less:Due froa U.S.bks. 29
-3.6 Het change in assets
Poreign
.1
Donestic
-3.6
Monetary authority
6.4
Federal Reserve float
1. 1
Loans to aeaber banks
5.3
-10.0
-10.0
*
5
6
7
8
9
10
11
12
30
31
32
33
34
35
fleaber bank reserves
Vault cash
36
37
38
Floats, etc.
39
u.s.-chartered banks
-5.5 Discrepancy:
AUGUST 31, 1983
Deposit Clains
Deposit Clains
Honetary Clains On Financial Institations
30
UNADJUSTED NET FLOWS ($ HILL)
ONADJOSTED RET FLOWS(S HILL)
I
III
II
IV
1
I
1973
II
BILLIONS OF DOLLARS
1974
1975
1976
1977
Currency and Checkable Deposits
-23,599
5,624
24,529
29,951 -10,392
34,206
16.3
6.9
18.6
24.8
30.4
1
2
3
4
5
Pvt. domes, sectors, by type -20,770
-1,882
Currency
-24,286
Denand deposits
5,398
Other checkable
4,833
1,976
-596
3,453
10,059
1,858
1,985
6,216
39,265 -7,177
6,481
645
21,788 -18,177
10,996
10,355
20,710
4, 183
10,560
5,967
14.9
3.9
10.8
.2
8.7
6.3
2.2
.2
16. 1
6.2
9.2
.7
18.6
7.3
9.5
1.8
27.0
8.3
17.2
1.6
2
3
4
5
6
7
8
9
10
11
12
Pvt.dones.sectors, by holder -20,770
Pvt. donestic nonfinancial -19,070
-4,373
Households
-4,892
Business
-2,273
State*local governnents
-7,532
Hail float
-1,700
Financial sectors
4,833
-160
-435
290
531
-546
4,993
10,059
4,678
12,426
-841
-1,219
-5,688
5,381
39,265
35,991
15,297
5,514
794
14,386
3,274
-7,177
-8,256
5,913
-3,068
-2,374
-8,727
1,079
20,710
18,928
12,946
3,939
2,157
-114
1,782
14.9
14.6
13.9
1.6
-.6
-.4
.4
8.7
8.5
7.6
1.0
-.5
.4
.2
16. 1
15.6
6.9
6.2
.8
1.6
.6
18.6
17.8
15.7
2.4
-.9
.6
.8
27.0 6
25.5 7
20.0 8
2.9 9
.8 10
1.8 11
1.5 12
13
14
Foreign
U.S. Governnent
-3,500
671
1,096
-305
-1,855
16,325
599
-9,913
478
-3,693
796
12,700
2.9
-1.5
2.8
-4.6
-.3
2.8
3.2
3.0
2.4 13
.9 14
-23,599
5,624
24,529
29,951 -10,392
34,206
16.3
6.9
18.6
24.8
30.4 15
-3,409
-1,395
-132
-1,882
3,364
1,209
179
1,976
8,478
6,839
-219
1,858
-595
-1,392
152
645
9,209
5,234
-208
4,183
3.4
-.5
-. 1
3.9
7.0
.4
.2
6.3
10.6
4.5
•
6.2
10.5
3. 1
.2
7.3
4.9
-3.3
•
8.3
16
17
18
19
-21,588
2,066
-3,368
-20,286
621
-1,514
917
1,218
14,065
9,486
-1,636
6,215
26,074 -14,463
-3,977 -2,301
326
6 6
29,375 -12,488
23,073
7,466
1,004
14,603
12.7
-1.0
3.0
10.8
-.2
-5. 1
2.6
2.3
7.6
-1.7
-.3
9.6
13.4
-. 1
3.0
10.4
24.5
4.3
2.4
17.8
20
21
22
23
1,398
1,639
1,986
1,924
-2
.1
.4
.9
1 Net change in total assets
15 Net change in liabilities
16
17
18
19
Honetary authority
U.S. Govt, cash ♦ deposits
Foreign deposits
Currency ontside banks
20
21
22
23
Connercial banking
U.S. Governnent deposits
Foreign deposits
Private donestic deposits
24
Savings institutions
468
-5,936
-77
6,481
3,409
4,666
1.0 24
Snail Tiae and Savings Deposits
1 Net change in liabilities
Connercial banks
2
Savings institutions
3
Savings and loan assns.
4
Hutual savings banks
5
Credit unions
6
7 Net change in assets
Households
8
State and local governnents
9
U.S. Governnent
10
Credit unions
11
1
2
3
4
5
6
32,390
21,845
10,545
6,199
1,336
3,010
15,261
11,421
3,840
785
593
2,462
23,739
14,456
9,283
6,842
705
1,736
67,131 108,570
49,263 71,335
17,868 37,235
14,256 27,194
1,418
5,610
2,194
4,431
43,065
24,886
18.179
11,848
1,322
5,009
39.2
12.7
26.5
19.2
4.4
2.9
37.7
17.4
20.3
14.5
2.7
3.0
98.0
39.9
58.1
41.6
11.0
5.5
121.6
54.6
66.9
48.7
12.5
5.8
94.6
28.2
66.4
48.6
10.4
7.3
32,390
31,154
-151
129
1,258
15,261
14,153
476
174
458
23,739
25,034
-340
28
-983
67,131 108,570
65,193 107,276
24
1,476
-177
141
1,447
321
43,065
41,164
1,262
159
480
39.2
40.0
-.2
-.6
37.7
37.3
•
•
.4
98.0
97.0
.9
.1
•
121.6
116.2
5.1
.2
.1
94.6 7
95. 1 8
-1.6 9
. 1 10
.8 11
-
2.4
1.3
*
.2
1
1
2
3
4
5
Honey Market Hutual Fund Shares
Honey narket fund shares
Liab: Finance n.e.c.
1
Asset: Households
9,561
10,124
22,025 -17,013 -26,296 -15,680
Large Tine Deposits
1 Net change in total liab.
Connercial banking
2
Donestic banks
3
Foreign banking offices
4
Savings institutions
5
6 Net change in assets
Pvt. donestic nonfxnancxal
7
Households
8
Busxness
9
State * local governnents
10
11
Foreign
12
13
14
15
16
17
Financial sectors
Saving and loan assns.
Hutual savings banks
Credxt unions
Private pension funds
Honey narket funds
1,320
-2,515
3,366
-5,881
3,835
12,304
10,782
12,992
-2,210
1,522
5,979 -16,253 -48,410 -6,831
3,523 -20,579 -47,452 -16,023
7,907 -21,987 -40,416 -12,766
-4,384
1,408 -7,036 -3,257
2,456
4,326
-958
9,192
39. 1
38.0
37.1
1.0
1. 1
41. 1
39.3
38.2
1. 1
1.7
-8.9
-9.9
-13.3
3.4
1.0
-13.9
-15.3
-15.6
.4
1.4
28.3
26.0
23.8
2.2
2.3
1,320
1,215
-2,887
-663
4,765
1,320
12,304
3,869
6,924
-1,205
-1,850
2,559
5,979 -16,253 -48,410
-750 -9,509 -37,975
-7,589 -11,440 -39,481
500
4,340
2,799
1,006
2,499
-868
471
1,438 -1,026
-6,831
-3,803
2,548
-174
-6,177
1,115
39. 1
35.5
23.6
4.7
7.2
2-8
41. 1
28.0
18.5
3.8
5.7
7.7
-8.9
-14.6
-13.6
1.9
-2.9
1.5
-13.9
-9.7
-8.7
2.1
-3.0
-1.9
28.3 6
25.7 7
12.4 8
4.8 9
8.5 10
-.4 11
-1,215
2,495
-60
36
-9 36
-2,750
5,876
2, 107
971
-36
-993
3,827
-4,143
1,561
-14
14
-1,436
-4,268
.8
-.5
.2
.3
.8
-
5. 4
.7
.2
.2
2.7
1.6
4.2
4.5
.1
.5
-1.3
.5
-2.3
-1-4
-.2
-. 1
-.7
3.0
.1
•
. 1
2.5
.3
12
13
14
15
16
17
10.9
9.0
1.9
1
2
3
6,258
352
147
158
5,601
-8,182 -9,409
2,210
1,956
360
102
-1,000 -1,000
-9,752 -10,467
Federal Funds and Security Repurchase Agreeaents
1 Net change in liabilities
Connercial banks
2
Savxngs and loan assns.
3
4 Net change in assets
Nonfinancxal corporations
5
State and local governaents
6
Sponsored credit agencies
7
Savings and loan assns.
8
Nutual savings banks
9
Honey aarket funds
10
11 Dxscrepancy-unallocated assets
4,016
4,285
-269
2,442
-70
2,512
9,148
7,558
1,590
244
256
-12
7,693
5,153
2,540
1,752
-1,566
3,318
16.2
16.2
-.4
-1.9
1.5
3.5
3.5
. 1
13.6
13.6
-. 1
4,168
-175
249
4
-3
1,337
2,756
2,440
778
-313
1,459
1,150
-87
-547
7,777
-569
900
4,722
747
-191
2,168
-3,033
3,687
-709
-806
-1,508
-1,015
-2,682
6,481
2,858
1,056
713
4,405
435
-2,986
1,290
2,060
853
-1,345
574
336
-1,188
15.3
8.6
2.4
2.3
1.3
.7
•
-.7
-5.8
3.6
-1.0
2.6
-.3
. 1
-1. 1
-.8
1.0
-.3
-1.0
-. 1
.1
4.2
2.3
.3
1.2
.4
*
5.4 4
1.2 5
1.0 6
.2 7
2.3 8
.6 9
.1 10
-152
2
1,371
3,277
1,212
462
.9
.3
4.6
9. 3
5.5 11
U.S.. Deposits in Foreign Countries
1 Total foreign lxability
Held by:
Nonfxnan. corporate business
2
Honey narket funds
3
1,852
1,611
-1,381
461
-2,266
762
1.2
-.2
.8
1.7
1.3
1
-1,768
3,620
873
738
-996
-385
-479
940
2,311
-4,577
300
462
1.2
-
-. 2
-
.8
-
1.7
-
1.3
•
2
3
11/83 BASED ON PRELIMINARY AND INCOMPLETE INFORMATION
AUGUST 31, 1983
Deposit claias
Deposit Claias
Monetary claias On Financial Institutions
3i
SEASONALLI ADJUSTED ANNUAL BATES
SEASONALLI ADJUSTED AHNUAL BATES
1978
1979
1980
198 1
1
1
1982
1982
II
I
III
I
1
IV
1983
I
II
Currency and Checkable Deposits
1
32.6
35.9
16.0
28.3
36.5
33. 1
-1.9
74.5
39.7
88. 1
2
3
4
5
29.2
9.3
15.4
4.5
31.1
7.9
14.4
8.7
19.6
10.3
-.8
10. 1
31.9
9.5
-28.8
51.2
33.4
8.4
-1.1
26. 1
27.9
3.6
2.7
21.6
14.1
5.5
-5.2
13.8
40.7
11.9
4.0
24.9
50.4
12.7
-6.3
44.0
90.3
15.1
33.8
41.4
79.9
14.4
41.6
23.9
Pvt. doaes. sectors, by type
Cnrrency
Deaand deposits
Other checkable
6
7
8
9
10
11
12
29.2
25.5
22.4
4.5
-1.0
-.5
3.7
31. 1
26.7
2 1.8
6.4
-1.5
4.4
19.6
15.3
3.7
10.2
-.8
2.3
4.3
31.9
27.6
25.7
-.5
-1.6
4. 1
4.3
33.4
21.4
22.9
. 1
-2.2
.6
11.9
27.9
28.2
25.8
2.0
-.2
.6
-.3
14.1
-5.7
.5
-.6
-4.4
-1.3
19.8
40.7
21.2
19.8
.2
-.4
1.6
19.5
50.4
41.6
45.0
-1.3
-3.7
1.6
8.7
90.3
79. 1
69.1
10.6
-.8
.2
11.2
79.9
73.0
56.3
12.7
1.9
2.2
6.8
Pvt.doaes.sectors, by holder 6
Pvt. doaestic nonfinancial 7
8
Households
9
Busiaess
State*local governaents 10
11
Rail float
12
Financial sectors
13
14
-.2
3.7
4.2
.5
*
-3.6
-3.8
-1
-3.7
6.8
-5.6
10.9
-4.0
-11.9
-4.6
38.3
-.4
-10.3
9.9
-12. 1
-6.0
47.9
Foreign
O.S. Goveraaent
15
32.6
35.9
16.0
28.3
36.5
33. 1
-1.9
74.5
39.7
88. 1
16
17
18
19
6.3
-3.1
.1
9.3
8.2
.1
.1
7.9
9.0
-1. 1
-.2
10.3
10.9
1.2
. 1
9.5
8.9
.7
-.2
8.4
2.2
-1.2
-.2
3.6
10.4
4.3
.5
5.5
25.4
14.2
-.7
11.9
-2.2
-14.4
-.6
12.7
14.6
-1.4
.9
15.1
36.6
23.2
-1.0
14.4
Honetary authority
U.S. Govt, cash * deposits
Foreign deposits
Currency outside banks
16
17
18
19
20
21
22
23
25.3
6.8
-.3
18.8
26.5
.4
4. 1
22.0
4.9
-2.6
-3
7.2
8.7
-1. 1
-3.9
13.7
19.2
6.1
-3.4
16.5
25.4
12. 1
-5.4
18.7
-18.8
-16.3
-4.5
2.0
41. 1
24.1
-3.9
20.9
28.3
4. 1
.2
24.0
54.9
-10.6
9.0
56.6
77.4
24.7
-5.0
57.8
Coaaercial banking
O.S. Governaent deposits
Foreign deposits
Private doaestic deposits
20
21
22
23
24
1.0
1.2
2.0
8.7
8.4
5.6
6.6
7.9
13.6
18.7
7.7
Savings institutions
24
-. 1
121.7 Nat change in total assets
121.7 Net change in liabilities
1
2
3
4
5
13
14
15
Snail Tine and Savings Deposits
1
2
3
4
5
6
65.5
13.3
52.2
38.8
7.5
5.9
61.0
29.3
31.7
26.0
1.6
4.0
86.7
45.0
41.7
29.0
5.4
7.3
47.5
40.3
7.2
4. 1
.9
2.2
138.5
97.0
41.5
28. 1
4. 1
9.4
102.5
67.7
34.7
20.8
4.7
9.2
90.3
63.6
26.6
14.9
3.3
8.5
129.0
78.2
50.8
35.0
4.6
11.2
231.9
178.9
52.9
40.6
3.6
8.7
407.3
264.9
142.5
105.7
22.2
14.6
206.2 Ret change in liabilities
Coaaercial banks
119.4
Savings institutions
86.7
Savings and loan assns.
61.6
Hutual savings banks
6. 1
Credit unions
19.0
7
8
9
10
65.5
66.1
1
.1
-.5
61.0
59.8
-.6
.1
1.8
86.7
83.4
-.3
-.2
3.9
47.5
47. 1
. 1
-. 1
.4
138.5
135.5
1.5
.5
1.1
102.5
102. 1
-.6
-5
.5
90.3
86.8
1.9
.7
.9
129.0
127.6
-1.4
.1
2.6
231.9
225.2
5.9
.6
.2
407.3
406.8
.1
-.7
1.1
206.2 Net change in assets
Households
199.6
State and local governaents
5.0
O.S. Governaent
.6
Credit unions
.9
40.5
88. 1
-68. 1
-105.2
-62.7
11
1
2
3
4
5
6
7
8
9
10
11
Honey Market Mutual Fund Shares
1
6.9
34.4
29.2
107.5
24.7
38.2
Money aarket fund shares
Liab: Finance n.e.c.
Asset: Households
1
Large Tiae Deposits
1
1
2
3
4
5
2
3
4
5
54.5
48.6
42. 1
6.4
5.9
27.8
13.8
10.2
3.6
14.0
61.0
47.2
39.3
7.9
13.8
61.8
51.5
43.9
7.6
10.2
3.4
-8.8
2.3
-11. 1
12. 1
23.4
8. 1
31.6
-23.5
15.3
48.7
42.6
51.4
-8.8
6. 1
13.4
3-5
21.1
-17.5
9.8
-72.2
-89.5
-95.2
5.6
17.3
-171.2
-167.4
-139.2
-28. 1
-3.8
-34.9 Het change in total liab.
-71.7
Coaaercial banking
Doaestic banks
-58.6
Foreign banking offices
-13.0
36.8
Savings institutions
6
7
8
9
10
11
54.5
44.4
34.2
2.0
8.2
1. 1
27.8
23.0
18.8
4.7
-.4
1.2
61.0
44.7
42.2
4.0
-1.4
1.2
61.8
36.4
19.2
14.9
2.3
2.3
3.4
-5.2
-15.0
5.3
4.5
5.8
23.4
24.0
11.2
2.6
10. 1
6.4
48.7
18.4
11. 1
3.4
3.9
8.0
13.4
-20.9
-40.6
9.8
9.9
4.2
-72.2
-42.4
-41.9
5.3
-5.7
4.5
-171.2
-128.6
-131.9
8.5
-5.2
-2.9
-34.9 Net change in assets
Pvt. doaestic nonfinancial
-18.5
Households
-12.9
Business
8.0
State * local governaents
-13.5
1.7
Poreign
6
7
8
9
10
11
12
13
14
15
16
17
8.9
.4
.3
*
5.5
2.7
3.5
-2-2
-.3
*
-1.4
7.5
15. 1
2.5
*
2. 1
1.4
9.0
23. 1
-.7
-. 1
-.7
1-8
22.8
2.7
7.2
1.4
-2.8
-3.1
-6.9
7.9
-.2
. 1
-3.7
-11.0
22.2
7. 1
3.9
-. 1
-4.0
15.3
30.1
6.4
.6
.6
22.4
-34.4
7.2
1.4
-4.0
-39.0
-39.7
5.7
.4
-4.0
-41.9
-18. 1
4.7
-. 1
.1
-5.7
-17. 1
12
13
14
15
16
17
Financial sectors
Saving and loan assns.
Mutual savings banks
Credit unions
Private pension funds
Money aarket funds
Federal Funds and Security Repurchase Agreeaents
1
2
3
22. 1
20.0
2.1
16.1
15.6
.5
20.4
18.3
2. 1
17.5
14.4
3.0
15.9
12.0
3.8
13.7
14.8
-1. 1
9.0
-1.0
10.0
40.3
33.9
6.4
.3
.4
♦
28.6
18.4
10.2
4
5
6
7
8
9
10
10.7
5.5
2.0
1.4
1.7
11.5
6.6
*
1.8
-.7
.6
3.2
20.6
.1
12.7
2.6
4.0
.6
2.5
.9
2. 1
11.4
3.7
.1
5.4
.4
*
1.7
12.8
-.7
1.0
*
*
1.4
11.0
9.8
3. 1
-1.3
5.8
4.6
-.3
-2.2
31.8
-2.3
3.6
18.9
3.0
-. 1
8.7
-8.9
14.7
-2.8
-3.2
-6.0
-.9
-10.7
22.3
11.4
4.2
2.9
17.6
-1.9
-11.9
11
11.4
3.5
8.9
-3. 1
4.5
1.0
-.7
8.5
9.3
6.3
♦
♦
2.5
3.5
4.2
1.5
8.9
7.7 Net change in liabilities
Coaaercial banks
-5.6
Savings and loan assns.
13.3
5. 1 Het change in assets
Nonfinancial corporations
8.2
State and local governaents
3.4
Sponsored credit agencies
-5.4
Savings and loan assns.
2.3
Mutual savings banks
1.2
Honey aarket funds
-4.8
1
2
3
4
5
6
7
8
9
10
2.7 Discrepancy-unallocated assets 11
U. S. Deposits in Foreign Countries
1
2.4
6. 1
2.8
12.6
2.5
7.4
6.4
-5.5
1.8
-9. 1
2
3
2.0
.5
1.5
4.6
1.1
1.7
.5
12. 1
-2.4
4.9
-7. 1
14.5
3.5
3.0
-4.0
-1.5
-1.9
3.8
9.2
-18.3
BILLIONS OF DOLLABS.
11/83 BASED OM INCOMPLETE INFORMATION.
3.0 Total foreign liability
Held by:
Nonfinan. corporate business
1.2
Honey aarket funds
1.8
1
2
3
AUGUST 31,
1983
U.S. Governaent Securities
U.S. Governaent Securities
Governnent Securities Harket Sunnary
32
UNAOJUSTEO NET FLOWS(f HILL)
UHADJUSTBD NET FLOWS($ HILL)
1982
I
II
III
IT
1983
|
1
I
II
1973
BILLIONS OF DOLLARS
1979
1975
1976
1977
Total Net Issues, by Sector and Type
1 Total O.S. Governnent secur.
2
U.S. Governnent
3
Spons. agencies * ntg. pools
43,130
32,706
10,424
27,125
9,007
18,118
77,046
57,673
19,373
78,555
61,996
16,559
71,174
55,656
15,518
63,161
46,928
16,233
28.3
8.3
19.9
31.9
11.9
20.0
94.9
85.5
9.4
83.8
69. 1
14.6
79.9
56.9
23. 1
1
2
3
By instrunent:
Treasury issues
Household savings bonds
Treas. excl. savings bonds
33,304
-695
33,999
9,028
-53
9,081
57,715
147
57,568
62,088
757
61,331
55,620
475
55,145
46,951
876
46,075
7.9
2.7
5.2
12.0
3.0
9.0
85.8
4.0
81.8
69.1
4.7
64.5
57.6
4.7
52.9
4
5
6
9,826
-59
-539
18,097
-22
1
19,331
-42
16,467
-92
15,554
36
-
16,210
-23
-
20.4
.7
-.3
19.9
.1
-.3
9.0
-.3
-.1
14.6
.1
-.1
22.3
-.5
-.2
7
8
9
1,783
8,641
8,795
9,323
6,093
13,280
-1,729
18,288
-3,180
18,698
476
15,757
16.3
3.6
16.6
3.4
2.3
7.1
2.5
12.2
7.0 10
16.1 11
4
5
6
7
8
9
10
11
Other
Budget agency issues
Loan participations (1)
Spons. agency issues (2)
Hortgage pool secur. (2)
—— —
——
Total Met Purchases, by sector and Type
1 Total purchases, by sector
2
U.S. Govt, (agency secur.)
3
Sponsored credit agencies
4
Treasury
5
Agency securities
43,130
-138
-30
-108
27,125
439
231
208
77,046
996
1,031
-35
78,555
150
269
-119
71,174
-333
136
-469
63,161
96
96
28.3
*
»
-. 1
. 1
31.9
*
.4
.3
.1
94.9
1.5
1.5
•
83.8
1.5
1.5
a
79.9
-3.8
-3.4
-.4
1
2
3
4
5
6
7
8
Federal Beserve Systen
Treasury issues
Agency issues
-5,664
-5,365
-299
1,323
1,416
-93
8,336
7,388
948
4,494
4,919
-425
-3,271
-2,661
-610
5,212
5,022
190
9.3
8.6
.7
5.2
2.0
3.2
8.4
7.4
1.0
10.0
9.1
.9
7.2
5.8
1.4
6
7
8
9
10
11
Foreign
Short-tera aarketable
Other
-539
-6,405
5,866
1,096
-848
1,944
4,429
3,621
808
2,990
2,752
238
6,766
4,209
2,557
1,178
1,980
-802
.2
-5.7
5.9
3.7
7.6
-3.9
8.1
6.6
1.5
11.6
3.3
8.3
31.5 9
8. 1 10
23.4 11
12
13
14
Total private donestic
Treasury issues
Agency issues
49,471
39,238
10,233
24,267
6,285
17,982
63,285
44,867
18,418
70,921
53,910
17,011
68,012
51,379
16,633
56,675
40,751
15,924
18.8
-.8
19.6
22.5
6.0
16.5
76.9
68.8
8.1
60.7
47.0
13.7
45.1 12
23.8 13
21.3 14
17,064
20,185
-695
20,880
-3,121
5,650
1,590
-53
1,643
4,060
14,607
12,114
147
11,967
2,493
20,816
22,419
757
21,662
-1,603
13,213
13,739
475
13,264
-526
25,255
20,106
876
19,230
5,149
19.2
11.7
2.7
9.0
7.5
19.4
11.3
3.0
8.3
8.1
25.4
27.7
4.0
23.7
-2.3
15.9
11.0
4.7
6.4
4.9
24.6
17.5
4.7
12.8
7. 1
15
16
17
18
19
20,623 -7,397
24,010 -10,034
-695
-53
24,705 -9,981
-3,387
2,637
8,709
7,257
147
7,110
1,452
7,872
10,524
757
9,767
-2,652
8,565
10,374
475
9,899
-1,809
836
-3,181
876
-4,057
4,017
18.9
17.1
2.7
14.4
1.8
20.0
15.4
3.0
12.4
4.6
18.8
19.9
4.0
15.8
-1.0
9.7
6.7
4.7
2.1
2.9
19.7
14.0
4.7
9.2
5.7
20
21
22
23
24
15
16
17
18
19
Private doaestic nonfinan.
Total Treasury issues
Savings bonds (HH)
Other Treasury issues
Agency issues
20
21
22
23
24
Households
Total Treasury issues
Savings bonds
Other Treas. issues
Agency issues
25
26
27
Nonfin. corp, business
Treasury issues
Agency issues
399
349
50
-601
-601
5,086
5,062
24
2,502
2,500
2
4,244
4,240
4
1,390
1,393
-3
-3.4
-4.4
1.0
2.3
1.4
.9
8.7
9.5
-.8
2. 1
2.1
a
-6.4 25
-6.0 26
-.4 27
28
29
30
State and local govts.
Treasury issues
Agency issues
-3,958
-4,174
216
13,648
12,225
1,423
812
-205
1,017
10,442
9,395
1,047
404
-875
1,279
23,029
21,694
1,135
3.7
-1.0
4.7
-2.9
-5.5
2.5
-2.1
-1.7
-.4
4.1
2.2
1.9
11.3 28
9.6 29
1.7 30
4,858
3,596
1,262
-154
-2,531
2,377
4,429
2,601
1,828
18,564
16,765
1,799
20,756
18,142
2,614
17,034
16,231
803
-1.3
-8.9
7.6
.7
-2.9
3.6
30.0
28.6
1.4
20.2
18.7
1.5
-1. 1 31
-1.9 32
.8 33
4,695
156
7
72
-265
39
4,392
-28
65
17,557
951
56
19,813
854
89
16,372
574
88
-1.4
.2
-.1
-7
.2
-.2
30.1
-.2
.1
19.6
.5
.1
-1.3 34
-.1 35
.2 36
31
32
33
34
35
36
Connercial banking
Treasury issues
Agency issues
Coaaercial banks
Foreign banking offices
Banks in O.S.possessions
37
Private nonbank finance
27,549
18,771
44,249
31,541
34,043
14,386
.9
2.5
21.5
24.6
21.6 37
38
39
40
Total pvt. nonbank finance
Treasury issues
Agency issues
27,549
15,457
12,092
18,771
7,226
11,545
44,249
30,152
14,097
31,541
14,726
16,815
34,043
19,498
14,545
14,386
4,414
9,972
.9
-3.7
4.5
2.5
-2.4
4.8
21.5
12.5
9.0
24.6
17.2
7.4
21.6 38
8.2 39
13.5 40
41
42
43
Savings and loan assns.
Treasury issues
Agency issues
7,263
331
6,932
5,726
-1,189
6,915
7,322
761
6,561
17,056
7,625
9,431
15,807
6,107
9,700
11,357
5,357
6,000
.3
-2.0
2.3
-.4
-1.6
1.2
4.7
.6
4. 1
5.6
4.9
.7
3.9 41
-1.0 42
4.9 43
44
45
46
Hutual savings banks
Treasury issues
Agency issues
775
661
114
484
-169
653
-36
-150
114
654
343
311
2,968
1,844
1,124
1,334
1,363
-29
-.5
-.5
.1
-.2
-.4
.2
3.9
2.2
1.7
4.0
1.1
2.9
2.6 44
. 1 45
2.6 46
47
48
49
Credit unions
Treasury issues
Agency issues
2,342
2,431
-89
2,174
1,969
205
1,993
2,000
-7
2,244
2,000
244
4,014
4,000
14
3,550
3,500
50
.5
.3
.2
.4
. 1
.3
1.1
.3
.8
.6
.2
.5
.5 47
. 1 48
.4 49
50
51
52
Life insurance coapanies
Treasury issues
Agency issues
2,459
1,509
950
2,052
927
1,125
3,351
2,303
1,048
4,841
3,623
1,218
3,311
2,708
603
2,376
1,663
713
-.2
-.4
.1
.1
-. 1
.2
1.7
1.4
.4
1.5
.6
.9
1.6 50
-. 1 51
1.7 52
53
54
55
Private pension funds
Treasury issues
Agency issues
4,700
3,419
1,281
4,025
2,500
1,525
3,329
1,818
1,511
1,505
484
1,021
2,936
1,452
1,484
2,916
2,220
696
.7
.2
.6
1.1
-.2
1.3
5.2
4.5
.7
3.9
3.7
.3
5.4 53
4.8 54
.6 55
56
57
58
St.*local govt.rtr.funds
Treasury issues
Agency issues
4,316
1,981
2,335
3,311
2,872
439
6,904
2,704
4,200
3,815
-164
3,979
4,670
3,701
969
5,287
3,342
1,945
.1
-1.1
1.2
.3
-.9
1.2
1.6
1.0
.7
3.1
1.5
1.6
5.5 56
2.7 57
2.7 58
59
60
61
Other insurance cos.
Treasury issues
Agency issues
1,397
828
569
189
-494
683
1,518
848
670
938
327
611
1,700
1,049
651
897
300
597
V
-. 1
*
.4
*
.4
2.5
1.9
.6
3. 1
2.6
.6
3.0 59
2.5 60
.5 61
62
63
Hutual funds (Treasury)
Honey nkt.funds (Treas.)
Security brokers and
Dealers (Treasury)
737
3,560
383
240
699
17,669
493
1,260
-127
140
14 - 15,262
*
.4
.1
a
.8
a
.2
.2 62
-.3 63
187
1,500
-1,265
*
.2
-. 1
2.4
-.7 64
64
-
-1,250
(1) Where not shown separately, loan participations are included with
agency issues.
(2) These issues are outside the budget and outside the U.S. Governnent
sector in flow of funds accounts. They are included in credit
aarket debt of financial institutions.
11/83 BASED ON
PRELIHINAS7 AND INCOHPLETE INFOBHATION
1,791
AUGUST 31, 1983
U.S. Govern»ent Secarities
U.S. Governaent Secarities
U.S. Governaent Securities Narket Suaaary
SEASONALLI AOJUSTED ANNUAL BATES
1978
1979
1980
SEASONALLI AOJUSTED ANNUAL RATES
1981
1982
I
1
1982
I
II
III
|
1
IV
1983
I
II
Total Net Issues, by Sector and Type
1
2
3
90.5
53.8
36.7
84.8
37.5
47.3
122.9
79.3
43.6
133.0
87.5
45.5
225.9
161.4
64.5
148.3
95.7
52.6
186.8
118.4
68.4
272.6
206.6
66.0
295.4
224.6
70.9
272.2
196.1
76. 1
322.9 Total U.S. Governaent secur.
264.4
U.S. Governaent
58.5
Spons. agencies * atg. pools
1
2
3
4
5
6
55. 1
3.9
51.2
38.8
-.8
39.6
79.8
-7.3
87. 1
87.8
-4.3
92.2
162.1
.2
162.0
98. 1
-.3
98.4
118.5
.2
118.3
206.8
*
206.8
224.9
.7
224.2
196.0
4.7
191.3
264.5
3.9
260.6
By instruaent:
Treasury issues
Household savings bonds
Treas. excl. savings bonds
4
5
6
7
8
9
35-3
-1. 1
-.3
46.0
-1. 1
-.2
43. 1
-.3
-.2
45.2
-.3
-. 1
63.7
-.2
-.5
50.2
-.2
-2.2
68.4
-.1
•
65.8
-.2
70.5
-.4
76.2
.1
58.4
-. 1
10
11
23. 1
13.6
24.3
23.1
24.4
19.2
30.5
15.0
14.9
49.5
18. 1
34.5
29.0
39.4
12.6
53.4
*
70.8
1.5
74.6
-6.5
65.0
Other
Budget agency issues
Loan participations (1)
7
8
9
Spons. agency issues (2)
Hortgage pool secur. (2,
10
11
322.9 Total purchases, by sector
U.S. Govt, (agency secur.)
1.8
Sponsored credit agencies
1.5
Treasury
.4
Agency securities
1
2
3
4
5
Total Net Purchases, by Sector and Type
1
2
3
4
5
90.5
84.8
122.9
133.0
225.9
148.3
186.8
272.6
295.4
272.2
.6
.5
.1
.2
-.2
.4
.7
.4
.2
.4
.2
.2
1.4
1.5
-.1
1.6
2.0
—.4
2.5
1.7
.8
-2.8
-2.7
-. 1
4.5
4.9
-.5
1.9
3.7
-1.9
6
7
8
7.3
7.7
-.4
7.6
6.9
.7
4.4
3.9
.6
9.8
9.6
.1
8.5
8.4
.1
-5.0
-3.8
-1.2
4.9
5.3
-.4
24.1
20.3
3.8
10.1
11.8
-1.7
6.4
8.8
-2.4
22.8
22. 1
.8
Federal Reserve systea
Treasury issues
Agency issues
9
10
11
28.2
13.9
14.3
-14. 1
-18.5
4.5
10.6
12.3
-1.7
7.0
-2.5
9.5
8.0
-.9
8.9
2.6
-16.9
19.5
28.9
13.1
15.8
8.2
7.8
.4
-7.6
-7.4
-.2
36.0
29.7
6.3
26.5
24.0
2.5
Foreign
Short-tera aarketable
Other
9
10
11
12
13
14
54.3
18.7
35.7
91. 1
46.2
44.9
107.2
64.9
42.3
115.9
70.9
44.9
207.9
144.3
63.6
149.2
97.4
51.8
150.5
82.6
67.9
243.1
181.0
62.2
288.5
215.8
72.7
228.0
147.4
80.6
271.8
214.5
57.3
Total private doaestic
Treasury issues
Agency issues
12
13
14
15
16
17
18
19
36.3
22.4
3.9
18.5
13.9
61.4
35.3
-.8
36. 1
26.1
38.3
24.3
-7.3
31.6
14.0
47.4
31.2
-4.3
35.5
16.2
58.1
56.3
.2
56.2
1.8
31.9
34.9
-.3
35.2
-3.0
54.4
41.2
.2
41.0
13.2
40.6
42.2
42.2
-1.6
104.7
106.0
-7
105.3
-1.3
21.6
11.0
4.7
6.3
10.6
124.0
108.8
3.9
105.0
15.2
20
21
22
23
24
29.5
21.9
3.9
18.0
7.6
45.7
25.2
-.8
26.0
20.5
32.6
21.5
-7.3
28.9
11.0
48.7
33.9
-4.3
38.2
14.8
29.8
31.8
.2
31.6
-2.0
39.5
43.6
-.3
43.9
-4. 1
22.5
15-0
.2
14.8
7.5
10.7
16.5
*
16.5
-5.7
45.5
50.9
.7
50.2
-5.5
-7.2
-12.7
4.7
-17.4
5.5
50.6
40.0
3.9
36.1
10.7
25
26
27
-4.5
-5.2
.7
.1
1.4
-1.3
-3.2
-3.7
-5
-1.4
-1.4
*
7.4
7.3
.1
-. 1
-.3
.2
.5
.5
-
15.0
14.9
.1
14.2
14.2
♦
17.8
17.8
*
28
29
30
11.3
5.7
5.6
15.6
8.7
6.8
9.0
6.5
2.5
. 1
-1.3
1.4
20.9
17.2
3-7
-7.6
-8.4
.9
31.4
25.8
5.7
14.8
10.8
4. 1
45. 1
40.9
4.2
31
32
33
.5
-6.5
7.0
7.9
.4
7.6
25.6
15.9
9.7
11.7
1.9
9.8
27.7
20.4
7.3
15.8
8. 1
7.7
8.2
-.5
8.7
23.0
16.3
6.7
34
35
36
.1
.5
-. 1
7.4
.5
*
25.0
.5
.1
11.4
.6
-.3
26.7
.8
.2
15. 1
.6
*
9. 1
-1.1
.2
37
17.5
2 1.8
43.2
56.7
122. 1
101.5
38
39
40
17.5
2.8
14.7
2 1.8
10.5
1 1.3
43.2
24.7
18.6
56.7
37.8
18.9
122. 1
67.6
54.5
101.5
54.4
47.2
41
42
43
4.6
4.6
1.0
-2.9
3.9
13.8
5.7
8. 1
3. 1
-3.5
6.6
37.4
7.5
29.8
44
45
46
.8
-.9
1.7
1.2
-.2
1.3
3.3
.8
2.5
.9
-.2
1.2
47
48
49
.1
-.4
.5
*
.1
-.1
4.3
3.2
1. 1
50
51
52
2.0
-.5
2.5
2.9
.1
2.8
53
54
55
2. 1
1.6
.5
56
57
58
«
Private doaestic nonfinan.
Total Treasury issues
Savings bonds (HH)
Other Treasury issues
Agency issues
6
7
8
15
16
17
18
19
Households
Total Treasury issues
Savings bonds
Other Treas. issues
Agency issues
20
21
22
23
24
8.0
8.0
*
Nonfin. corp, business
Treasury issues
Agency issues
25
26
27
11.0
5.8
5.1
65.4
60.9
4.5
State and local govts.
Treasury issues
Agency issues
28
29
30
64.0
58.0
6.0
78.5
65.4
13. 1
77.5
75.0
2.5
22.8
-. 1
.3
60.0
3.8
.2
74.8
3.4
.4
74.9
2.3
.4
87.9
179.5
119.8
127.9
70.3
Private nonbank finance
87.9
41.9
46.0
179.5
122.5
57.1
119.8
51.8
68.0
127.9
71.0
56.8
70.3
30.7
39.6
Total pvt. nonbank finance 38
39
Treasury issues
40
Agency issues
27.0
*
26.9
28.3
1.5
26.8
34.0
6.4
27.6
60.6
22.5
38.1
62.1
24.4
37.7
50.3
27.4
22.9
1.9
.7
1.2
2.2
1.4
.7
2.9
-.5
3.4
.2
-.2
.4
2.3
2.0
-3
11.0
5.9
5. 1
6.2
5.7
.6
1.2
.7
.5
8.8
8.4
.4
9.4
9.7
-.4
8.7
7.9
.8
8.0
8.0
*
9.0
8.0
1.0
16. 1
16.0
. 1
2.7
1.0
1.8
5.5
2.3
3. 1
12.7
8.4
4.3
8. 1
4.3
3.8
10.4
5-9
4.5
14.2
10.0
4.2
18.1
13.3
4.9
2.8
1.9
.8
5.8
4.7
1-2
9. 1
6.5
2.6
13.6
8.2
5.3
16.4
12.0
4.4
17.2
11.2
6.0
11.6
6.2
5.5
7.1
2.7
4.4
6.6
5.3
1.4
9.9
6.2
3.7
10.7
6.6
4. 1
18.3
7.4
11.0
17.3
7.9
9.3
13.2
11.5
1.8
59
60
61
1.2
.7
.5
1.3
.2
1. 1
1.8
1.6
.2
2.2
1. 4
.8
4.0
1-5
2.5
4. 1
1.8
2.3
62
63
-.2
.6
*
4.2
.3
2.6
.9
23.7
2.3
22.7
2.9
14.2
64
-.8
1.9
-1.4
-.6
.4
♦
http://fraser.stlouisfed.org/
BILLIONS OF DOLLARS.
Federal Reserve Bank of St. Louis
-
(1)
Coaaercial banking
Treasury issues
Agency issues
34
Coaaercial banks
Foreign banking offices 35
Banks in U.S.possessions 36
37
Savings and loan assns.
Treasury issues
Agency issues
41
42
43
Hutual savings banks
Treasury issues
Agency issues
44
45
46
14.2
14.0
.2
Credit unions
Treasury issues
Agency issues
47
48
49
11.2
8.8
2.4
12. 1
9.3
2.9
Life insurance coapanies 50
51
Treasury issues
52
Agency issues
9.0
3.6
5.4
9.3
4.2
5. 1
12.6
9.6
3.0
Private pension funds
Treasury issues
Agency issues
27.6
10.8
16.8
15.3
-.7
15.9
18.7
14.8
3.9
21. 1
13.4
7.8
St.+local govt.rtr.funds 56
57
Treasury issues
58
Agency issues
4.0
1.2
2.7
4.5
1.8
2.7
3.6
1.2
2.4
5.0
2.4
2.6
7.0
4.6
2.4
1.5
1.0
2.8
70.7
2.0
5.0
-.5
.1
.6
-61.0
.7
6.0
-5. 1
-5.0
7.2
Other insurance cos.
Treasury issues
Agency issues
53
54
55
59
60
61
62
Hutual funds (Treasury)
Honey akt.funds (Treas.) 63
Security brokers and
64
Dealers (Treasury)
Where not shown separately, loan participations are included with
agency issues.
(2) These issues are outside the budget and outside the U.S. Governaent
sector in flow of funds accounts. They are included in credit
aarket debt of financial institutions.
11/83 BASED ON INCOHPLETE INFORMATION.
31
32
33
AOGOST 31, 1983
Private Securities
34
Private Securities
State + Local Governaent, Corporate, and Foreign Securities
OHADJOSTED HET FLOHS(S HILL)
OHADJOSTED HET FLOWS($ HILL)
1982
I
II
III
IT
|
1
1983
I
II
1973
BILLIONS OF DOLLABS
1974
1976
1975
1977
State and Local Governnent Obligations
1 Het change in liabilities
2
State and local governnents
3
Short-tern
4
Other
5
Nonfin. corporate business
(Industrial revenue bonds)
4,988
1,348
-915
2,263
3,640
14,954
11,630
3,728
7,902
3,324
12,698
8,396
2,020
6,376
4,302
17,895
14,018
803
13,215
3,877
6,548
4,094
-5,237
9,331
2,454
21,612
18,729
1,569
17,160
2,883
14.7
12.9
.3
12.6
1.8
16.5
14.8
2.7
12.1
1.6
16.1
13.5
-.3
13.8
2.6
15.7
13.2
-4.1
17.2
2.5
21.9
15.2
-2.9
18. 1
6.7
1
2
3
4
5
6 Net change in assets
7
Households
Nonfin. corporate business
8
9
Stated-local govt. gen. funds
4,988
2,280
-157
485
14,954
12,904
-111
-40
12,698
7,065
163
262
17,895
7,632
171
244
6,548
4,207
200
568
21,612
16,817
305
63
14.7
5.3
-. 1
.2
16.5
8.3
.6
.5
16.1
6.2
-.2
2.4
15.7
2.0
-1.1
2.4
21.9
-1.5
«
.6
6
7
8
9
-479
-127
-6
-962
-92
-36
13
-135
-49
6,164
-113
279
-4,824
12
-67
3,241
-2
-153
5.7
*
♦
5.4
.3
V
1.8
1.0
.6
3.0
-.3
.9
10
11
12
Connercial banking
Savings and loan assns.
Hutual savings banks
13
14
15
16
Insurance
Life insurance conpanies
State*local govt.rtr.funds
Other insurance conpanies
1,077
443
-205
839
1,969
499
197
1,273
692
416
-202
478
735
538
-258
455
732
417
-607
922
1,234
686
-81
629
3.3
♦
-.3
3.6
1.7
.3
-.7
2.2
4.4
.8
1.0
2.6
7.9
1.1
1.4
5.4
17
18
Hutual funds
Brokers and dealers
2,235
-320
1,298
24
4,405
282
2,942
-159
5,467
253
307
-200
.2
-.4
-.1
.5
.3
9.2 10
• 11
.4 12
11.4
.5
.2
10.7
13
14
15
16
1.6 17
.2 18
Corporate and Foreign Bonds
1 Net issues
Nonfin. corporate business
2
3
Foreign
4
5
6
7
8
Total finance
Connercial banking
Savings and loan assns.
Finance conpanies
Beits
9 Net purchases
10
Households
11
Foreign
Connercial banking
12
13
Hutual savings banks
14
15
16
17
18
Insurance
Life insurance conpanies
Private pension funds
St.+loc. govt. rtr. funds
Other insurance conpanies
19
20
Hutual funds
Brokers and dealers
1,665
1,733
780
3, 547
3.031
429
10,375
5,936
3,193
12,135
8,142
2,207
7,071
3,445
812
10,925
6,243
1,385
14.6
9.2
1.0
24.9
19.7
2. 1
36.7
27.2
6.2
41.2
22.8
8.6
38.0
22.9
5. 1
1
2
3
-848
-45
-798
-5
87
-104
196
-5
1,246
602
20
629
-5
1,786
643
-66
1,214
-5
2,814
1,235
-39
1,622
-4
3,297
1,259
-40
2,081
-3
4.4
.9
3.0
.6
3.1
1. 1
1.8
.2
3.2
.5
.1
2.7
-
9.8
6.9
.1
3.1
-.2
10.1
1.3
1.2
7.8
-. 1
4
5
6
7
8
1,665
-5,933
2,290
118
71
3.547
-8,098
5,124
399
-1,013
10,375
3,083
1,448
1,007
-314
12,135
1,505
1,230
349
112
7,071
-2,222
220
1,435
1,063
10,925
-261
739
280
86
14.6
1.9
.1
.3
-1.1
24.9
5. 1
.9
1.0
.9
36.7
8.9
.6
1.8
3.5
41.2
11.8
.9
-.6
2.8
38.0
-3.2
3.8
•
1.2
9
10
11
12
13
7,151
3,864
905
2,251
131
7.482
3,787
866
3,028
-199
4,161
3,527
853
62
-281
7,781
5,032
840
2,027
-118
7,804
5.502
755
1,559
-12
8.761
5,405
1,282
2,049
25
12.8
5.9
1.9
5.2
-. 1
17.0
4.0
4.5
6.5
2.0
19.9
9.1
1.8
6.8
2.2
25.6
16.9
-.3
5. 1
3.9
35.0
18.8
6.6
6.0
3.7
14
15
16
17
18
-496
-1,536
-27
-320
746
244
-70
1,228
647
-1,876
565
755
.1
.4
.6
-.6
.7
1.2
.3
.5
1.1 19
.2 20
Corporate Eguities
4,667
4,299
7,168
2,259
7,156
6,222
16,379
5,822
22,567
11,650
17,830
7,587
10.2
-.2
5.7
.9
10.6
-.3
10.6
-2.4
6.5
.9
1
2
368
-278
-214
139
565
156
4,909
3,784
101
146
713
165
934
-265
105
153
779
162
10.557
8,145
1,320
160
761
171
10,917
8,836
993
167
761
160
10,243
7,289
1,837
174
778
165
10.4
7.9
-.2
1.2
.5
1.0
4.8
4. 1
-.2
1.0
.9
-.9
10.9
9.9
.2
1.0
1.0
-1.1
13.1
10.5
.3
1.6
.9
-.3
5.6
2.7
.4
.6
1.4
.6
3
4
5
6
7
8
9 Net purchases
10
Households
11
Hutual fund shares
12
Other eguities
4,667
190
4,299
-4,109
7,168
1,575
2,259
-684
7,156
1,150
6,222
-5,072
16,379
611
5,822
-5,211
22,567
4,389
11,650
-7,261
17,830
497
7,587
-7,090
10.2
-5.8
-.2
-5.5
5.7
-.6
.9
-1.6
10.6
-3.8
-.3
-3.5
10.6
-4.6
-2.4
-2.2
6.5 9
-3.5 10
.9 11
-4.4 12
13
14
15
Foreign
Connercial banking
Hutual savings banks
927
7
-155
989
-3
-93
439
2
-116
1,598
4
-111
2,650
9
79
1,233
41
2.8
♦
.4
.5
*
.2
4.7
•
.2
2-8
*
.1
2.7 13
* 14
.4 15
16
17
18
19
20
Insurance
Life insurance conpanies
Private pension funds
St.+loc. govt. rtr. funds
Other insurance conpanies
4,783
821
978
2,371
613
5,025
704
2,225
1,429
667
4,253
1,688
2,529
-663
699
11,173
200
5,738
4,528
707
14,304
2,291
5,701
5,594
718
10,351
1,790
4,571
3,259
731
14.6
3.6
5.3
3.4
2.4
6.7
2.3
2.3
2.6
-.5
9.3
1.9
5.8
2.4
-.7
14.3
3.0
7.3
3.1
.9
10.5
1.2
4.5
3.7
1.2
21
22
Hutual funds
Brokers and dealers
451
-1,536
-4
-321
1,184
244
1,876
1,228
3,012
-1,876
4,953
755
-2.2
.4
-.4
-.6
-.9
1.2
-2.4
.5
-3.7 21
.2 22
1 Net issues
2
Hutual funds
3
4
5
6
7
8
Other sectors
Nonfin. corporate business
Foreign
Connercial banks
Other insurance conpanies
Beits
11/83 BASED OH PRELIHINABI AHD INCOMPLETE IHFOBHATIOH
16
17
18
19
20
AUGUST 31, 1983
Private Securities
Private Securities
State ♦ Local Governaent, Corporate, and Foreign Securities
35
SEASONALLY ADJUSTED ANNUAL RATES
SBASONALLI AOJUSTEO ANNUAL BATES
1978
1979
1980
198 1
1982
1
I
1982
I
III
II
IV
|
|
1983
I
II
State and Local Governaent Obligations
77.9 Bet change in liabilities
State and local governaents
66.4
Short-tera
1.2
Other
65.3
Nonfin. corporate business
11.5
(Industrial revenue bonds)
1
2
3
4
5
77.9 Net change in assets
Households
56. 1
Nonfin. corporate business
1.2
State+local govt. gen. funds
.3
6
7
8
9
1
2
3
4
5
28.4
20.7
.6
20.1
7.7
30.3
20.3
1.0
19.4
10.0
30.3
19.4
1.7
17.7
10.9
21.9
8.4
.9
7.5
13.4
50.5
35.4
5.6
29.8
15. 1
31.7
17.2
1.0
16.2
14.6
51.7
38.4
9.9
28.5
13.3
47.4
30.2
4.4
25.8
17.2
71.3
55.8
7.2
48.6
15.5
38.3
28.5
-16.4
44.9
9.8
6
7
8
9
28.4
4.1
.2
-.7
30.3
10.4
*
-.5
30.3
7.0
-.2
.2
21.9
9.4
.2
50.5
29.9
.1
1.0
31.7
14.5
-.6
1.9
51.7
41.6
-.4
-.2
47.4
27. 1
.7
1.0
71.3
36.3
.7
1.0
38.3
22.2
.8
2.3
10
11
12
9.6
. 1
.5
9.5
5.0
. 1
-. 1
4.7
-.5
.2
4.6
-.5
*
-2.0
-.4
-.1
-2.2
-.5
-.2
18.6
-.5
1. 1
-12.4
—.4
13.6
*
-.5
-.3
15.7
*
-.6
13
14
15
16
14.3
-4
.4
13.. 5
9.9
*
*
9.9
8. 1
.3
. 1
7.7
4. 2
.5
-.2
4.0
4.5
1.9
-.5
3.0
4.2
1.7
-.8
3.4
7.9
2.0
.8
5. 1
2.9
1.8
-.8
1.9
2.9
2. 1
-1.0
1.8
2.8
1.5
-2.4
3.7
17
18
.5
-.2
1.4
.2
2.0
*
2.9
.2
10.9
-.2
8.9
-1.3
5.2
.1
17.6
1. 1
11.8
-.6
21.9
1.0
|
♦
«
Coaaercial banking
Savings and loan assns.
Hutual savings banks
10
11
12
4.8
2.7
-.3
2-5
Insurance
Life insurance coapanies
State+local govt.rtr.funds
Other insurance coapanies
13
14
15
16
1.2
-.8
Hutual funds
Brokers and dealers
17
18
Corporate and Foreign Bonds
1
2
3
32.8
21. 1
4.2
29.0
17.3
3.9
34.6
26-7
.8
26.7
22. 1
5.4
27.7
18.8
6.6
13.3
11.5
3. 1
10.7
10.0
1.7
43.8
24.8
12.8
43. 1
29.1
8.8
35.8
18.5
3.2
40.7 Net issues
Nonfin. corporate business
23.3
5.5
Foreign
4
5
6
7
8
7.5
.6
.7
6.4
-.2
7.8
2.1
1.4
4.3
*
7. 1
1.5
.4
5.4
-.2
-.8
1.2
-.5
-.8
-.7
2.3
1. 1
V
1.2
*
-1.4
-.2
-1.2
*
-1. 1
-.4
-.6
♦
6.3
2.4
. 1
3.8
V
5.2
2.6
-.3
3.0
*
14.0
4.9
-.2
9.3
11.9
5.0
-.2
7.0
•
9
10
11
12
13
32.8
-1.8
1.9
-.3
.1
29.0
5.7
2.6
-. 1
-1. 1
34.6
.6
8.2
.6
.7
26.7
-8.9
8. 1
*
-1.0
27.7
-9.4
10. 1
1.9
-1. 1
13.3
-22.2
9.2
.5
.3
10.7
-30.3
20.5
1.6
-4.1
43.8
10.9
5.8
4.0
-1.3
43. 1
3.8
4.9
1.4
.4
35.8
-6.5
.9
5.7
4.3
40.7 Net purchases
1.8
Households
3.0
Foreign
Coaaercial banking
1. 1
Hutual savings banks
-3
14
15
16
17
18
34.0
17.3
5.9
9.0
1.8
22.4
11.6
5-7
3.2
2.0
22.6
8.7
4.4
9.5
*
24.0
7.3
3.6
10.2
2.8
26.6
16.2
3.5
7.4
-.5
25.9
12.7
3.6
9.0
.5
26.6
11.9
3.5
12. 1
-.8
19.4
16.8
3.4
.2
-1. 1
34.4
23.4
3.4
8. 1
-.5
28.0
18.8
3.0
6.2
*
31.5
18.0
5. 1
8.2
.1
19
20
-.7
-.4
.8
-1.5
1.3
.7
1.6
2.8
.2
-.4
-2.0
1.7
-. 1
-3.6
3.0
2.0
-.3
-1.6
2.6
.9
2.3
.7
♦
Total finance
Coaaercial banking
Savings and loan assns.
Finance coapanies
Beits
1
2
3
4
5
6
7
8
9
10
11
12
13
Insurance
Life insurance coapanies
Private pension funds
St.+loc. govt. rtr. funds
Other insurance coapanies
14
15
16
17
18
Hutaal funds
Brokers and dealers
19
20
Corporate Eguities
1
2
1.9
-. 1
-3.8
.1
22.2
5.2
-3.7
6. 8
35.4
18.6
15.6
14.2
31.8
12.2
30.0
26.2
64.0
21.8
86.5
42.8
75.1 Net issues
34. 1
Hutual funds
1
2
3
4
5
6
7
8
1.9
-. 1
-.5
1. 1
.8
.6
-3.9
-7.8
.8
1.3
-9
.9
17. 1
12.9
2. 1
.4
1.2
.6
-10.6
-11.5
*
.5
1. 1
-.7
16.8
11.4
1.3
.6
2.8
.7
1-5
-1. 1
-.9
.6
2.3
.6
19.6
15.1
.4
.6
2.9
.7
3.7
-1.1
.4
.6
3. 1
.6
42.2
32.6
5.3
.6
3.0
.7
43.7
35.3
4.0
.7
3-0
.6
41.0
29.2
7.3
.7
3. 1
.7
3
4
5
6
7
8
9
10
11
12
1.9
-5. 1
-. 1
-5.0
-3.8
-15.2
. 1
-15.3
22.2
V
5.2
-5.1
-3.7
-31.6
6.8
-38.5
35.4
3.5
18.6
-15. 1
15.6
-8.6
14.2
-22.7
31.8
12.2
12.2
V
30.0
.5
26.2
-25.8
64.0
10.0
21.8
-11.8
86.5
7.8
42.8
-35.0
13
14
15
2.4
*
.1
1.7
*
-. 1
5.4
5.8
-. 1
-.6
4.0
-.5
-.5
3.2
*
-.6
1.9
*
-.4
4. 1
*
-.5
6.5
*
-.4
10.1
*
.3
2.7
.2
16
17
18
19
20
6.4
-. 1
1.9
2.6
2.0
14.1
.6
6. 1
4. 1
3.2
18.5
.5
9.6
5.3
3. 1
20.6
2.9
7.3
8.3
2.0
25.2
3.4
11.5
7.7
2.7
19.2
3.3
4.0
9.5
2.5
19.9
2.8
8.7
5.7
2.7
19.0
6.8
12. 1
-2.7
2.8
42.8
.8
21.1
18.1
2.8
56.8
9.2
22.4
22.4
2.9
21
22
-1.6
-.4
-2.8
-1.5
-1.8
.7
-.6
2.8
3.5
-.4
.7
1.7
1.7
-3.6
4.9
2.0
6.7
-1.6
10.5
.9
BILLIONS OF DOLLABS.
♦
♦
11/83 BASED ON INCOHPLETE INFORHATION.
Other sectors
Nonfin. corporate business
Foreign
Coaaercial banks
Other insurance coapanies
Reits
75. 1 Ret purchases
8.3
Households
34. 1
Hutual fund shares
-25.8
Other eguities
9
10
11
12
Foreign
Coaaercial banking
Hutual savings banks
13
14
15
41.2
7.2
18. 1
13.0
2.9
Insurance
Life insurance coapanies
Private pension funds
St.+loc. govt. rtr. funds
Other insurance coapanies
16
17
18
19
20
21.9
.7
Hutual funds
Brokers and dealers
21
22
AUGUST 31, 1983
Nortgages - I
Bortgages - I
Mortgage Markets by Type of Mortgage
36
UNADJUSTED NET FLOWS ($ MILL)
UNADJUSTED NET FLOWS(J MILL)
|
1982
I
II
III
IT
|
1983
I
BILLIONS OF DOLLABS
II
1973
1974
1975
1976
1977
Total Mortgages
1 Net change in aortgages
Hoae aortgages
2
Multi-faaily resid.
3
4
Coaaercial
5
Fara
19,558
11,603
1,358
4,417
2,180
20,726
11,894
620
6,645
1,567
21,507
17,750
-887
3,712
932
21,253
15,399
87
5,282
485
28,413
22,225
1,219
4,432
537
40,594
28,736
2,490
7,468
1,900
80.7
45.6
10.4
19.1
5.5
64.5
37.3
6-9
15.3
5.0
57.9
42.0
*
11.2
4.6
85.4
63.9
3.9
11.9
5.7
126.2
94.0
7.0
18. 1
7. 1
1
2
3
4
5
6 Borrowings by:
U.S. Governaent
7
Beits
8
19,558
-26
30
20,726
-32
30
21,507
-30
29
21,253
-31
29
28,413
-15
28
40,594
-32
28
80.7
-. 1
.3
64.5
-. 1
.2
57.9
-.1
.4
85.4
-.1
.4
126.2
-.1
*
6
7
8
19,554
16,863
637
2,054
2,180
2,386
-2,512
20,728
7,592
675
12,461
1,567
8,828
2,066
21,508
15,054
681
5,773
932
3,994
847
21,255
16,267
654
4,334
485
4,418
-569
28,400
25,389
631
2,380
537
3,539
-1,896
40,598
21,930
614
18,054
1,900
12,186
3,968
80.4
46.5
1.1
32.8
5.5
25.5
1-8
64.4
38.0
1. 1
25.4
5.0
19.4
.9
57.6
40.6
1-0
16.0
4.6
12.5
-1.1
85. 1
61.4
.8
22.9
5.7
14.8
2.4
126.3
90.8
1. 1
34.4
7. 1
23.8
3.5
9
10
11
12
13
14
15
19,558
4,682
1,140
20,726
4,736
1,017
21,507
4,065
1,344
21,253
1,858
1,926
28,413
-524
1,470
40,594
-657
2,000
80.7
2.7
1.7
64.5
6.9
2.5
57.9
6.2
1.6
85.4
7.4
1.3
126.2 16
8. 1 17
.6 18
573
2,693
8,641
1,033
3,756
9,323
-54
4,446
13,280
812
2,954
18,288
-1,029
2,116
18,698
783
3,044
15,757
-.6
7.2
3.6
3.8
10.2
3.4
6.5
5.3
7.1
.4
2.9
12.2
4.2 19
3.5 20
16. 1 21
1,829
3,729
-3,777
-3,165
-737
125
861
4,657
-4,805
-3,812
-1,118
125
-1,574
4,320
-7,311
-7,073
-364
126
-4,085
3,400
-9,730
-9,473
-383
126
7,682
3,930
1,562
1,793
-358
127
19,667
6,991
10,528
10,172
229
127
66.1
19.8
34.2
28. 1
5.7
.4
37.8
12.8
21.3
19.0
2.2
.1
31.1
3.8
30.5
27.7
2.3
.5
61.2
15. 1
47.6
42.7
4.4
.5
93.8
27.4
61.9
55. 1
6.5
.3
22
23
24
25
26
27
1,627
1,015
46
494
72
650
-400
1,281
777
202
238
64
-147
-125
1,294
865
-98
466
61
200
-77
1,893
1,515
211
105
62
425
-73
1,965
1,410
328
164
63
225
-
1,873
879
240
692
62
350
-75
4.7
4.4
-.4
.7
♦
1.9
5.6
5.4
4.9
*
.6
a
-1.9
-2
2.8
2.9
a
-.2
.1
-1.3
-4.8
2.6
2.4
*
.2
.1
-.4
-3.8
5.8
5.2
.1
.3
.1
1.2
-2.4
28
29
30
31
32
33
34
3,236 -1,756 -1,641
968
35 (1) Meno: FHLB loans to s+1
associations (included in "other loans" category)
-5,985
-1,223
7.2
6.7
-4.0
-2.0
9
10
11
12
13
14
15
Private nonfinancial sectors
Households
Nonprofit institutions
Nonfinancial business
Faras
Nonfara noncorporate
Corporate
16 Funds advanced by:
Households
17
St.+loc* govt. gen. funds
18
19
20
21
U.S. Governaent
Sponsored credit ag. (1)
Mortgage pools
22
23
24
25
26
27
Private finan. institutions
Coaaercial banking
Savings institutions
S+1 associations (1)
Mutual savings banks
Credit unions
28
29
30
31
32
33
34
Insurance
Life insurance coapanies
Private pension funds
St.+loc. govt. rtr.funds
Other insurance cos.
Finance conpanies
Beits
4.3 35
Hoae Mortgages
1 Net borrowing
Households
2
Nonfara noncorp, business
3
Nonfin. corporate business
4
11,603
16,863
-2,630
-2,630
11,894
7,592
2,151
2,151
17,750
15,054
1,348
1,348
15,399
16,267
-434
-434
22,225
25,389
-1,582
-1,582
28,736
21,930
3,403
3,403
45.6
46.5
-.4
-.4
37.3
38.0
-.3
-.3
42.0
40.6
.7
.7
63.9
61.4
1.2
1.2
94.0
90-8
1.6
1.6
1
2
3
4
5 Net change in assets
Households
6
State and local governnents
7
11,603
3,585
610
11,894
4,281
564
17,750
3,955
792
15,399
1,921
913
22,225
-1,092
1,092
28,736
-1,517
1,500
45.6
2.3
.6
37.3
6.4
.7
42.0
5.5
.8
63.9
4.8
.8
94.0
5.4
.2
5
6
7
324
1,301
8,684
527
397
2,538
9,222
1,246
461
3,846
13,206
2,530
271
2,661
18,221
1,996
-531
1,923
17,962
2,308
68
2,297
15,339
4,103
-.8
3.5
3.2
11.0
1.4
5.5
3.3
6.6
4.1
2.5
7.3
2.1
-.7
.5
11.9
9.2
2.5 8
.5 9
15.7 10
18.9 11
-3,944
-3,447
-622
125
-5,785
-4,986
-924
125
-7,496 -10,301
-7,426 -10,353
-74
-196
126
126
142
266
-253
127
6,361
6,041
193
127
26.0
23.0
2.6
.4
16. 1
15.3
.7
.1
22.6
21.3
.8
.5
38.8
35.2
3.1
.5
52.0
46.8
4.9
.3
12
13
14
15
-63
-115
24
28
-411
-635
170
54
368
414
-36
-10
-58
-122
80
-16
271
112
105
54
360
110
150
100
-2.0
-1.9
-.2
.2
-1.4
-1.4
♦
.1
-1.9
-1.4
-. 1
-.4
-1.6
-1.5
-.1
*
-1.3
-1.4
a
.1
16
17
18
19
677
-98
-83
-75
113
-25
300
-25
150
-
250
-25
1.2
.7
-1.2
-.2
-.5
-.5
.4
-.2
8
9
10
11
tk s. Governaent
Spons. credit agencies
Mortgage pools
Coaaercial banking
12
13
14
15
Savings institutions
Savings and loan assns.
Mutual savings banks
Credit unions
16
17
18
19
Insurance
Life insurance conpanies
Private pension funds
St.+loc. govt. rtr. funds
20
21
Finance coapanies
Beits
11/83 BASED ON PBELIMINABT AND INCOMPLETE INFORMATION
.4 20
-.2 21
AUGUST 31, 1983
Mortgages - I
Hortgages - I
Hortgage Markets by Type of Mortgage
37
SEASOMALLT ADJUSTED AMMUAL BATES
SBASCMAL1I ADJUSTED AMMUAL BATES
1982
1980
1982
II
III
II
I
1
1983
I
II
Total Hortgages
1
2
3
4
5
150.2
112.2
9. 1
21.7
7.2
163.5
120.0
7.7
24.0
11.8
134.9
96.7
8.7
20. 1
9.3
113.9
75.9
4.0
24.2
9.7
83.0
56.6
1.2
20.1
5.2
95.7
63.4
5.6
19.4
7.3
78.9
48.2
2.7
23.6
4.5
74.8
56.6
-3.7
17.4
4.5
84.9
60.5
.2
19.9
4.4
129.6
105. 1
5.0
18.9
•6
157.7 Met change in aortgages
115.3
Hoae aortgages
Hulti-faaily resid.
10.2
Coaaercial
26.2
Para
6.0
1
2
3
4
5
6
7
8
150.2
-. t
.1
163.5
-. 1
•
134.9
-. 1
-. 1
113.9
-. 1
-.5
83.0
-. 1
.1
95.7
-. 1
.1
78.9
-.1
.1
74.8
-.1
-1
84.9
-.1
.1
129.6
-.1
.1
157.7 Borrowings by:
U.S. Governnent
-.1
.1
Beits
6
7
8
9
10
11
12
13
14
15
150.2
111.5
1.3
37.4
7.2
26.1
4. 1
163.6
12 1.2
1.5
40.8
11.8
27.6
1.4
135. 1
98.3
1.9
34.9
9.3
23.5
2.0
114.5
78.8
2.3
33.4
9.7
25.2
-1.5
83.0
55.8
2.6
24.6
5.2
19.6
-.2
95.7
64.9
2.5
28.2
7.3
21.0
-. 1
78.9
47.6
2.7
28.6
4.5
24.0
.2
74.8
55.0
2.7
17.0
4.5
13.9
-1.4
84.9
57.7
2.6
24.6
4.4
19.5
.7
129.6
96.7
2.5
30.4
.6
25.9
3.9
157.8
106.0
2.5
49.3
6.0
36. 1
7.1
16
17
18
150.2
14.2
2.5
163.5
20.0
6.3
134.9
22.2
9.9
113.9
23. 1
7.6
83.0
15.3
4.9
95.7
17.6
4.6
78.9
21.6
4.1
74.8
18.2
5.4
84.9
8.4
5.7
129.6
-3.5
5.9
157.7 Punds advanced by:
Households
-2.5
St.+loc. govt. gen. funds
8.0
19
20
21
4.2
12.2
13.6
6.6
14.4
23.1
7.5
14. 1
19.2
4.9
12.6
15.0
2.4
13.8
49.5
2.3
11.6
34.5
3.8
15.4
39.4
-.5
15.8
53.4
3.7
12.6
70.8
-4.3
10.1
74.6
3.0
12.5
65.0
U.S. Governaent
Sponsored credit ag.
Hortgage pools
22
23
24
25
26
27
103.5
35. 1
58.4
51.4
6.5
.6
93.0
30.6
48.4
44.2
3.6
.6
62.0
17.8
29.8
28.7
.6
.5
50.6
21.5
18.4
18.3
-.4
.5
-3.0
16. 1
-25.6
-23.5
-2.6
.5
25. 1
20.8
-3.6
-2.0
-2. 1
.5
-5.4
14.6
-23.6
-20-2
-4.0
.5
-17.5
14.4
-38.7
-37.2
-2.0
.5
-16.3
14.0
-38.1
-36.3
-2.3
.5
46.9
21.0
17.5
17.7
-.8
.5
71.7
24.2
39.2
37.2
1.5
.5
Private finan. institutions
Coaaercial banking
Savings institutions
S+l associations (1)
Hutual savings banks
Credit unions
28
29
30
31
32
33
34
10.2
9.4
.3
.5
*
.9
-1. 1
14.2
12.6
.3
1.0
.3
.8
-1.0
14.5
12.3
.6
1.3
.3
.6
-.7
8.9
6.7
.1
1.8
.4
2.9
-1. 1
6.1
4.2
.4
1.3
.3
1. 1
-.7
7.6
5.0
.4
2.0
.3
1.9
-1.6
5.3
3.6
.5
1.0
.3
-1.2
-.5
6. 1
4.3
-.3
1.9
.2
1.0
-.3
5.3
3.8
.8
.4
.2
2.7
-.3
8.7
6.3
1.5
.7
.3
-.3
-
7.6
3.9
.6
2.8
.2
1.0
-.3
35
12.5
9.2
7. 1
16.2
.8
13.3
7.5
-11.6
Private nonfiaaacial sectors
Households
Monprofit lastitations
Nonfinancial business
Paras
Monfara noncorporate
Corporate
(1)
Insurance
Life insurance coapanies
Private pension funds
St.+loc. govt. rtr.funds
Other insurance cos.
Finance coapanies
Beits
-14.4
-11.4 (1) Heno: FHLB loans to s+la
-6.0
associations (included in "other loans" category).
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
Hoae Mortgages
1
2
3
4
112.2
111.5
.4
.4
120.0
12 1.2
-.6
-.6
96.7
98.3
-.8
-.8
75.9
78.8
-1.4
-1.4
56.6
55.8
.4
.4
63.4
64.9
-.8
-.8
48.2
47.6
.3
.3
56.6
55.0
.8
.8
60.5
57.7
1.4
1.4
105. 1
96.7
4.2
4.2
115.3 Met borrowing
106.0
Households
Monfara aoncorp. business
4.6
Nonfin. corporate business
4.6
1
2
3
4
5
6
7
112.2
11.5
2.0
120.0
16.0
4.7
96.7
20.5
7.9
75.9
20.5
5.8
56.6
13.2
2.9
63.4
14.5
2.4
48.2
19.9
2.3
56.6
17.3
3.2
60.5
5.7
3.7
105. 1
-4.4
4.4
115.3 Bet change in assets
Households
-6.1
State and local governaents
6.0
5
6
7
8
9
10
11
1.9
9.0
12.4
24. 1
2.3
9.2
2 1.8
20.0
2.7
7.6
18.7
10.9
2.4
5.0
14. 1
9.7
1.5
10.3
49.3
6.3
1.3
6.6
34-7
7.9
1.6
11.6
39.0
3.3
1.7
12.9
53. 1
6.6
1.2
10.3
70.6
6.7
-2.3
9.9
71.7
14.8
.5
10.7
63.4
15.3
U.S. Governaent
Spons. credit agencies
Hortgage pools
Coaaercial banking
8
9
10
11
12
13
14
15
50.5
45.1
4.9
.6
42.9
39.5
2.8
.6
28. 1
26.5
1. 1
.5
17.0
16. 1
.3
.5
-27.5
-26.2
-1.8
.5
-5.4
-4.3
-1.6
.5
-27.0
-24.3
-3.1
.5
-40.0
-39.4
-I. 1
.5
-39.4
-38.4
-1.5
.5
10.7
10.4
-.2
.5
23. 2
21.3
1.4
.5
Savings institutions
Savings and loan assns.
Hutual savings banks
Credit unions
12
13
14
15
16
17
18
19
-. 1
-.3
.3
-. 1
2.4
1.8
.3
-3
2.5
1.8
.4
.4
-.4
-.7
-. 1
.4
-.2
-.5
.2
.1
-.3
-.7
.3
.1
-1.3
-1.9
.4
.2
1.3
1.4
-. 1
*
-.3
-.6
.4
-. 1
.9
.1
.6
.2
1.9
1.2
.2
.4
Insurance
Life insurance coapanies
Private pension funds
St.+loc. govt. rtr. funds
16
17
18
19
20
21
1.1
-.2
.9
-.2
-2.2
-. 1
2.0
-. 1
1.0
-.2
2.0
-.4
-.9
-.3
.7
-. 1
2.2
-. 1
-.6
.6
-. 1
Finance coapanies
Beits
20
21
BILLIONS OF DOLLABS.
11/83 BASED OM INCOMPLETE INFOBHATION.
AUOOST 3 b 19*3
Hortgages - IX
Hortgages - II
Hortgage Harkets (Continued)
38
UHADJUSTED VET FLOHS(S HILL)
UMADJUSTED IBT FLOHS(S HILL)
1982
I
II
III
IT
|
|
1983
I
II
1973
BILLIOIS OF DOLLABS
1974
1975
1976
1977
Hulti- Fanily Besidestial Hortgages
1 Het borrowing
Nonfara noncorp, business
2
Honfin. corporate business
3
4
Beits
5
O.S. Governnent
1,358
951
423
10
-26
620
434
208
10
-32
-887
-621
-246
10
-30
87
5
103
10
-31
1,219
1,133
92
9
-15
2,490
1,766
747
9
-32
10.4
7.9
2.5
.1
-.1
6.9
5.5
1.4
.1
-. 1
•
-.3
.3
.1
-. 1
3.9
2.7
1.2
•1
-.1
7.0
5. 1
2.0
*
1
1
2
3
4
5
* Het change is assets
Households
7
State and local governnents
8
1,358
81
373
620
36
198
-887
-108
372
87
1
369
1,219
54
239
2,490
313
250
10.4
-1.0
.9
6.9
-. 1
1.4
♦
-.3
.7
3.9
.2
.3
7.0
.4
.3
6
7
8
-95
-23
78
120
322
-25
119
93
-849
-38
100
235
314
-35
69
175
-400
-10
499
306
27
22
281
487
.3
1.8
.2
1.2
.7
2.2
•2
.6
1.2
.2
.4
-1.7
.2
-.1
.5
2.2
.3 9
.1 10
.9 11
1.1 12
-51
191
-242
137
335
-198
-802
-605
-197
-780
-726
-54
132
182
-50
846
835
11
3.3
1.8
1.4
1.7
1.0
.7
2.6
1.7
.9
3.3
2.9
.4
4.9 13
4.1 14
.8 15
-84
-2
365
-217
-3
10
-15
-14
223
-120
18
51
229
11
134
24
15
200
1.1
-.1
-.1
1.2
•
.1
•
*
.2
-.5
•
•
-.4 16
♦ 17
-.2 18
721
-125
-25
-25
34
-25
50
-25
25
-
50
-25
.4
2.4
-1.3
.2
-.8
-2.6
-.5
-1.7
.3 19
-.8 20
9
10
II
12
U.S. Governnent
Spons. credit agencies
Bortgage pools
Connercial banks
13
19
15
Savines institutions
Savings and loan assns.
Hutual savings banks
16
17
18
Life insurance conpanies
Private pension funds
St.vlocal govt. rtr. funds
19
20
Finance conpanies
Beits
Connercial Hortgages
1 Het borrowing
Households
2
3
Honfarn noncorp, business
Honfin. corporate business
4
5
Beits
4,417
637
4,065
-305
20
6,645
675
6,243
-293
20
3,712
681
3,267
-255
19
5,282
654
4,847
-238
19
4,432
631
3,988
-206
19
7,468
614
7,017
-182
19
19.1
1.1
18.0
-.2
.2
15.3
1. 1
14.2
-.2
.1
11.2
1.0
12.0
-2.1
.3
11.9
•8
10.8
.3
18.1
1.1
17. 1
-. 1
•
6 Het change in assets
Households
7
State and local governnests
8
9
O.S. Governnent
connercial banking
10
4,417
179
161
183
3,030
6,645
309
265
168
3,266
3,712
-16
191
202
1,528
5,282
254
133
168
1,219
4,432
82
152
64
1,306
7,468
199
230
125
2,323
19.1
-.9
.2
-.1
6.9
15.3
-.9
.3
1.4
5.0
11.2
-.3
•
.5
3.1
11.9
-7
•
.4
3.4
18.1 6
.9 7
• 8
.6 9
6.3 10
225
91
134
843
839
4
988
958
30
1,350
1,606
-256
1,289
1,343
-54
3,321
3,296
25
4.9
3.2
1.7
3.4
2.6
.8
5.3
4.6
.7
5.6
4.6
.9
4.9 11
4.2 12
.7 13
1,366
24
102
72
1,584
35
175
64
527
-48
253
61
1,861
113
70
62
1,226
212
-12
63
716
75
392
62
4.9
*
.5
•
4.8
•
.5
•
3.9
.1
.3
•1
3.7
.1
.2
.1
5.5
.1
.4
.1
-748
-177
-39
-25
53
-27
75
-23
50
-
50
-25
.2
2.5
.6
.2
•
-1.8
-.3
-1.8
11
12
13
Savings institutions
Savings and loan assns.
Hutual savings basks
14
15
16
17
Life insurance conpanies
Private pension funds
St.vlocal govt. rtr. funds
Other insurance conpanies
18
19
Finance conpanies
Beits
1
2
3
4
5
14
15
16
17
.6 18
-1.3 19
Farm Hortgages
1 Het borroving
2,180
1,567
932
485
537
1,900
5.5
5.0
4.6
5.7
7.1
1
2 Het change in assets
Households
3
4
State and local governnents
2,180
837
-4
1,567
-10
no
932
234
-11
485
182
11
537
432
-13
1,900
348
20
5.5
2.3
•
5.0
1.4
*
4.6
1.4
*
5.7
1.7
.1
7. 1
1.4
*
2
3
4
.8
2.9
-.5
5
6
7
5
6
7
U.S. Governnent
Sponsored credit agencies
Hortgage pools
161
1,415
-121
146
1,243
-18
132
638
-26
59
328
-2
-162
203
237
563
725
137
V
1.9
.2
.2
2.5
•
.7
2.6
-.6
.6
2.5
-.2
8
9
10
11
Connercial banks
Hutual savings banks
Life insurance conpanies
St.*local govt. rtr. funds
52
-7
-152
-1
52
45
-1
27
-1
-61
-
10
1
-104
-
10
-1
-157
-12
78
29
-
.7
*
.3
.1
.6
*
•3
-. 1
.3
♦
•4
-.2
.4
♦
.7
V
11/83 BASED ON PIELIHIIAlI AHD IHCOHPLBTB IIPOBHATIOI
1.0 8
• 9
1.4 10
* 11
AOGOST 31, 1983
Hortgages - II
nortgages - II
Mortgage Rackets (Continued)
39
SEASOMALLT ADJUSTED AMMOAL BATES
SEASOMALLT ADJUSTED AMMOAL BATES
1978
1979
1980
1981
1982
I
|
1982
I
II
III
IT
|
1
1983
I
II
flulti-Faaily Besideatial Mortgages
1
2
3
4
5
9. 1
6.5
2.7
•
-. 1
7.7
5.4
2.4
•
-.1
8.7
5.8
3.0
•
-.1
4.0
3.0
1.3
-.2
-. 1
1.2
.8
.5
a
-.1
5.6
3.8
1.8
a
-.1
2.7
1.7
1.0
a
-.1
-3.7
-2.5
-1.2
a
-. 1
.2
a
.2
a
-.1
5.0
4.5
.5
a
-. 1
10.2 Met borrowiag
7.1
Montara noncorp, business
3.2
Honfin. corporate business
a
Beits
U.S. Governaent
-. 1
1
2
3
4
5
6
7
8
9.1
.5
.4
7.7
.5
1.2
8.7
.5
1.5
4.0
•
1.2
1.2
•
1.3
5.6
.3
1.5
2.7
.1
.8
-3.7
-.4
1.5
.2
a
1.5
5.0
.2
1.0
10.2 Met change in assets
1.3
Households
1.0
State and local governaents
6
7
8
9
10
11
12
•9
•
1.5
1.1
1. 1
.2
1.2
.9
1.9
.2
.7
1.7
1.0
-.1
1. 1
2.2
-.3
-.1
.4
•6
-.4
1
.3
.5
1.3
-. 1
.5
.4
-3.4
-.2
•4
.9
1-3
-.1
.3
.7
-1.6
a
2.0
1.2
.1
.1
1. 1
1.9
U.S. Governaent
Spons. credit agencies
Mortgage pools
Coaaercial banks
9
10
11
12
13
14
15
4.4
3.6
.8
2.1
1.5
.6
.1
.6
-.6
-.5
-.3
-.2
-1.5
-.8
-.7
-.2
.8
-1.0
.5
1.3
-.8
-3.2
-2.4
-.8
-3-1
-2.9
-.2
.5
.7
-.2
3.4
3.3
a
Savings institutions
Savings and loan assas.
Hatual savings banks
13
14
15
16
17
18
.2
-.1
.6
.3
•
.6
.2
*
.5
-.2
-. 1
.9
-.4
a
.6
-.2
a
1.5
-.7
a
-.2
-. 1
.9
-.6
a
.2
1.0
.1
.5
.3
.1
.8
Life insurance conpanies
Private pension funds
St.«local govt. rtr. funds
16
17
18
19
20
.1
-.5
-.1
-.2
1.7
-.3
-1. 1
-.3
.8
-.2
2.9
-.5
-.1
-.1
.1
-.1
.2
-.1
.1
-
.2
-.1
Finance conpanies
Beits
19
20
Coaaercial. Hortgages
1
2
3
4
5
21.7
1.3
19.3
1.1
.1
24.0
1.5
22.8
—.4
♦
20.1
1.9
18.4
-.2
-.1
24.2
2.3
23.6
-1.3
-.3
20.1
2.6
18.4
-1.1
.1
19.4
2.5
18.0
-1.2
.1
23.6
2.7
21.9
-1.2
.1
17.4
2.7
15.6
-1.0
.1
19.9
2.6
18.1
-1.0
.1
18.9
2.5
17.1
-.8
.1
26.2 Met borroving
2.5
Households
24.4
Nonfarn noncorp, business
-.7
Nonfin. corporate business
.1
Beits
6
7
8
9
10
21.7
1.2
•
.6
9.2
24.0
1.1
.2
.8
9.7
20. 1
.8
.3
1.2
5.1
24.2
1.0
•5
1.0
9.9
20.1
.7
.8
.7
9.0
19.4
.7
.6
.7
11.9
23.6
1.2
1.1
.7
10.7
17.4
-.1
.8
.8
6.8
19.9
1.0
.5
.7
6.7
18.9
.3
.6
.3
4.7
26.2 Met change in assets
Households
.8
.9
State and local governaents
U.S. Governnent
.5
6.6
Coaaercial banking
11
12
13
3.5
2.7
.8
3.4
3.1
.2
1.6
1.6
a
2.0
2.5
-.6
3.4
3.5
-.1
2.0
1.6
.4
2.8
2.8
•
4.4
4.6
-. 1
4.4
5.0
—.6
6.2
6.6
-.4
12.6
12.5
.1
14
15
16
17
7.8
.1
.1
♦
8.9
*
.2
.3
9.5
.2
.3
.3
7.5
•2
.4
•4
5.3
.1
.6
.3
6.3
.1
•4
.3
6.3
.1
.7
.3
3.5
-.2
1.0
•2
5.4
.5
.3
.2
5.5
.8
*
•3
18
19
-.3
-.5
«
-.5
1.0
-.4
2.0
-.6
-.7
-.3
-3.0
-.7
-.2
-.1
.2
-.1
.3
-.1
1
2
3
4
5
6
7
8
9
10
Savings institutions
Savings and loan assns.
Hutual savings banks
11
12
13
2.6
•3
1.6
.2
Life insurance conpanies
Private pension funds
St.alocal govt. rtr. funds
Other insurance conpanies
14
15
16
17
.2
•2
-.1
Pinnace conpanies
Beits
18
19
Tara Mortgages
1
7.2
11.8
9.3
9.7
5.2
7.3
4.5
4.5
4.4
.6
6.0 Bet borroving
1
2
3
4
7.2
.9
.1
11.8
2.4
•2
9.3
.3
.3
9.7
1.6
.1
5.2
1.4
*
7.3
2.1
a
4.5
.3
a
4.5
1.3
a
4.4
1.7
a
.6
.3
-. 1
6.0 Met change in assets
Households
1.5
.1
State and local governaents
2
3
4
5
6
7
.8
3.2
-.3
2.3
5.0
.1
1.8
6.3
-.2
.6
7.6
-.1
.5
3.6
-.2
.7
5. 1
-.5
.3
3.9
-.1
.4
3. 1
-.1
.6
2.4
a
-.6
.2
.9
2.0
1.8
.5
U.S. Governaent
Sponsored credit agencies
Mortgage pools
5
6
7
8
9
10
11
.7
•
1.7
•
.1
•
1.7
•
.1
*
.8
*
-.3
. 1
a
.1
•
-.3
•
.4
a
-.3
a
.2
-. 1
a
a
a
-.3
-
a
a
-.4
.2
a
-.3
a
.3
-.2
-
Coaaercial banks
Hutual savings banks
Life insurance conpanies
St.♦local govt. rtr. funds
8
9
10
11
BILLIONS OP DOLLABS.
11/83 BASED OM INCOMPLETE IMPOBHATIOM.
AOGOST 31, 1983
Consuaer Credit and Bank Loans N.E.C,
Consuaer Credit and Bank Loans W.B.C.
Consuaer Credit and Bank Loans Mot Elsewhere Classified
OMADJOSTED MET FLOWS($ HILL)
ORADJOSTBD RET FLOWS(8 HILL)
1982
I
II
III
If
1
1
1983
II
I
1973
BILLIOBS OP DOLLARS
1975
1976
1974
1977
Consuaer Credit
1 Met change in liabilities (HH)
2
Installaent credit
3
Moninstallsent credit
-5,964
-5,432
-532
7,644
6,038
1,606
6,339
5,166
1,173
10,290
7,329
2,961
-2,651
-2,230
-421
12,835
10,444
2,391
24.3
20,2
4.1
9.9
9.5
.4
9.6
7.7
1.9
25.4
21.5
3.9
40.2
37.0
3.2
a Met change in assets
5
Installaent credit
6
Nonfara noncorp, business
7
Monfin. corporate business
8
Coaaercial banking
Sawings and loan assns.
9
Hotnal sawings banks
10
Credit unions
11
12
Pinance coapanies
-5,964
-5,432
-187
-1,145
-2,034
238
18
-322
-2,000
7,644
6,038
7
210
1,639
386
61
250
3,485
6,339
5,166
12
-65
2,574
1,139
86
964
456
10,290
7,329
208
578
2,268
840
82
407
2,946
-2,651
-2,230
-169
-1,351
-750
1,192
129
-172
-1,109
12,835
10,444
52
284
5,284
1,124
111
1,571
2,018
24.3
20.2
.1
.5
11.4
.7
.2
2.7
4.6
9.9
9.5
*
.3
4. 1
.7
.2
2.3
1.9
9.6
7.7
-.1
.3
2.9
.5
.2
3.8
.2
25.4
21.5
*
.7
10.8
1.0
-2
5.5
3.4
40.2 4
37.0 5
-. 1 6
2.6 7
18.6 8
1.3 9
.3 10
6.4 11
7.8 12
Roninstallsent credit
Ronfara noncorp, business
Monfin. corporate business
Coaaercial banking
Sawings and loan assns.
Hutual sawings banks
-532
192
-1,373
763
-78
-36
1,606
431
202
662
130
181
1,173
241
177
275
315
165
2,961
838
1,496
171
372
84
-421
535
-812
-492
263
85
2,391
656
370
900
385
80
4.1
1.2
1.0
1.2
.5
♦
•4
.7
.3
-.8
.2
*
1.9
.9
.4
.2
.4
*
3.9
1.2
1.3
1.2
.1
.2
-1.4
3.6
.2
.1
13
14
15
16
17
18
1
2
3
3.2 13
.7 14
15
16
17
18
Bank Loans Rot Elsewhere Classified
1
Total loans at coaaercial
banks, flow of funds basis
Loans elsewhere classifieds
Bortgages
2
Consuaer credit
3
Security credit
4
Open-aarket paper
5
6 » Banking sector total bank
loans n.e.c.
O.S.-chartered banks
7
Doaestic affiliates
8
Foreign banking offices
9
10 ♦ Loans by P.B. banks
11 « Total bank loans n.e.c.
12 Ret change in liabilities
Ronfinancial sectors
13
Households
14
Para business
15
Nonfara noncorp, business
16
corporate business
17
6,438
26,039
23,054
18,694
-4,168
20,106
76.5
57.7
-2.1
43.8
82.0
1
3,729
-1,271
-5,855
2,136
7,699
4,657
2,301
1,137
-2,529
20,473
4,320
2,849
1,352
773
13,760
3,400
2,439
3,372
-33
9,516
3,930
-1,242
-3,204
-490
-3,162
6,991
6,184
1,555
-1,419
6,795
19.8
12.6
-3.4
-1.3
48.8
12.8
3.4
-2.2
2.2
41.5
3.8
3.1
2.1
1.1
-12.1
15.1
12.0
6.6
3.7
6.4
27.4
22.3
2.2
.3
29.9
2
3
4
5
6
9,198
9
-1,508
21,072
240
-839
11 *248
-257
2,769
9,654
94
-232
-3,128
43
-77
10,595
-235
-3,565
43.1
1.7
4.0
34.3
.9
6.3
-12.8
-.5
1.2
3.2
-.3
3.5
24.6
•6
4.7
7
8
9
7,699
20,473
13,760
9,516
-3,162
6,795
48.8
41.5
-12.1
6.4
- 10
29.9 11
7,699
5,915
-3,382
364
2,387
10,916
20,473
19,871
2,293
2,488
3,008
12,039
13,760
14,229
536
1,235
1,179
12,341
9,516
8,229
2,909
-872
742
6,214
-3,162
-1,542
-4,509
310
783
-2,526
6,795
7,591
6,480
600
927
-299
48.8
39.8
3.4
2.9
1.1
29.6
41.5
36.9
1.6
1.1
-1.0
31. 1
-12.1
-8.4
-1.2
2.0
-2.0
-9.1
6.4
10.1
*
3.0
-3.6
5.2
29.9
30.2
2.8
2.5
.9
20.9
12
13
14
15
16
17
18
19
20
21
Foreign
Official institutions
Banks
other
-4,370
-652
346
-4,064
43
709
-1,057
391
-1,062
414
-190
-1,286
-764
-519
1,626
-1,871
4,400
1,255
781
2,364
-117
-490
-16
389
2.8
.4
1.6
.7
4.0
.3
3. 1
.6
2.0
.3
1.1
.7
5.6
.9
4.2
•5
3.1
.1
2.7
.3
18
19
20
21
22
23
24
25
Financial sectors
Sawings and loan assns.
Pinance conpanies
Beits
1,784
122
1,642
20
602
-737
1,320
19
-469
-966
476
21
1,287
-2,224
3,491
20
-1,620
1,001
-2,641
20
-796
581
-1,395
18
9.0
.4
4.6
4.0
4.6
-.4
.7
4.4
-3.7
-.3
-2.8
-• 6
-3.7
.2
-2.1
-1.9
-.3
1.4
.7
-2.4
22
23
24
25
11/83 BISID OR PBELIHIMABI ARD INCOMPLETE INFORMATION
AUGUST 31, 1983
Consuaer Credit and Bank Loans N.E.C,
Consumer Credit and Bank Loaas N.E.C.
Consumer Credit and Bank Loans Hot Elsewhere Classified
SEASONALLT ADJUSTED ANNUAL RATES
SEASONALLY ADJUSTED ANNUAL BATES
1978
1979
1980
198 1
1982
|
I
1982
I
II
III
IV
|
1
1983
I
II
Consuaer Credit
1
2
3
1
2
3
48.8
43. 1
5.7
45.4
38.4
7. 1
4.9
1.4
3.4
24. 1
18.2
5.9
18.3
13. 1
5.2
2.6
4.5
-1.9
35.9
21.7
14.2
11. 1
9.2
2.0
23.6
17.0
6.5
28. 1
24.2
3.9
49.5 Net change in liabilities (HH)
Installnent credit
37.5
Noninstallnent credit
12.0
4
5
6
7
8
9
10
11
12
48.8
43.1
*
.6
23.6
*
-5
6.7
1 1.6
4 5-4
38.4
*
.5
18.2
1.3
4.9
1.4
1
-.1
-7.2
1.5
- 1
-2.5
9.8
24. 1
18.2
. 1
.3
.6
1.7
-. 1
1.9
13.7
18.3
13. 1
*
-.4
4.4
2.6
.2
1.3
4.9
2.6
4.5
*
.9
2.4
1.4
.1
.4
-.6
35.9
21.7
.1
1.0
6.0
1.9
.2
.6
11.8
11. 1
9.2
*
-1.5
3.2
4.0
.3
1.5
1.5
23.6
17.0
*
-2.2
6.2
3. 1
.3
2.6
6.9
28. 1
24.2
.1
.3
10.2
5.2
.5
.8
7. 1
4
49.5 Net change in assets
5
37.5
Installnent credit
6
Nonfarn noncorp, business
.3
Nonfin. corporate business 7
1.3
8
Coanercial banking
20.6
4.8
Sawings and loan assns.
9
10
.4
Hutual sawings banks
Credit unions
11
6.3
Finance conpanies
12
3.8
13
14
15
16
17
18
5.7
1.4
1.2
2-6
.3
.2
7. 1
1.8
1. 1
1.7
2.4
3.4
.6
.5
1.0
1. 1
.3
5.9
2.6
1.8
3.4
-1.8
5.2
1.7
-5
1.9
.7
.4
-1.9
-3.3
-3.5
5.3
-.3
-. 1
14.2
9.0
1.4
2.6
.5
.7
2.0
.6
.5
-1.1
1.3
.7
6.5
.5
3.6
.6
1.5
.3
3.9
3.3
-1. 1
.3
1. 1
.3
12.0
4.3
2. 1
3-8
1.5
.3
43.6
63-0
58. 1
♦
2.2
16.2
»
♦
Noninstallnent credit
Nonfarn noncorp, business
Nonfin. corporate business
Connercial banking
Sawings and loan assns.
Hutual sawings banks
13
14
15
16
17
18
Bank Loans Mot Elsewhere Classified
1
116.4
104.8
62.0
92. 2
74.2
101.7
81.2
69.9
Total loans at connercial
banks, flow of funds basis
1
.3
51.4
20.8
7.7
-7.8
10.5
70.6
14.6
8.6
-.1
-11.7
69.8
14.4
2.1
7.5
.2
45.7
14.0
6.8
.5
2.5
19.8
21.0
10.5
4.0
-1.1
28.7
54.7
. 1
5.8
51.2
. 1
.2
75.1
*
-4.5
63.7
1.0
5.1
44. 1
-1.0
2.7
21.9
.4
-2.5
27.1
.2
1.4
- Loans elsewhere classified:
Hortgages
24.2
Consuner credit
24.4
Security credit
1.6
Open-narket paper
-6.6
14.4 = Banking sector total bank
loans n.e.c.
U.S.-chartered banks
20.2
-.9
Donestic affiliates
-4.8
Foreign banking offices
47.8
60.6
51.4
70.6
69.8
45.7
19.8
28.7
♦ Loans by F.R. banks
14.4 = Total bank loans n.e.c.
10
11
53.0
53.4
1.9
2.8
.6
45.9
47.8
48.2
3.6
-5
3.4
29. 1
60.6
58.4
4.3
1.4
6.2
42.9
51.4
48.2
2.4
3.2
7.3
41.5
70.6
61.3
-1.8
4. 1
9.9
59.6
69.8
68.6
4.9
4.8
9.3
49.5
45.7
44.5
.4
3.7
6.8
44.9
19.8
18.7
6.0
.3
3.3
12.1
28.7
33.0
-5.0
3.8
3.8
5.7
14.4 Net change in liabilities
18.6
Nonfinancial sectors
20.7
Households
-3. 1
Farn business
Nonfarn noncorp, business
. 1
1.8
Corporate business
12
13
14
15
16
17
19.1
2. 1
9.5
7.4
2.3
2. 1
-4. 1
4.2
11.5
4.5
4.7
2.3
3.7
.8
-4.5
7.3
-6.2
*
.7
-6.8
-10.4
-2.6
7.4
-15.2
.2
2.8
-7.5
4.8
-11.2
1.7
-5.3
-7.6
-3. 1
-2.1
8.3
-9.4
24.6
5.0
8.4
11.2
-.9
-2.0
-3.7
4.7
Foreign
Official institutions
Banks
Other
18
19
20
21
2.8
.3
3.9
-1.4
-.4
2.0
-1.0
- 1.4
-.4
-. 1
1.4
-1.7
2.2
-.2
1.0
1.5
3.2
-3.8
6.9
. 1
9.3
.5
8.7
. 1
1.2
-3. 1
4.2
. 1
1.3
-6.8
8.0
. 1
1. 1
-5.9
6.9
. 1
-4.3
3.5
-7.9
. 1
-4.2
2.3
-6.5
. 1
Financial sectors
Sawings and loan assns.
Finance conpanies
Beits
22
23
24
25
2
3
4
5
6
35. 1
26.2
-2.9
-1.3
59.3
30.6
19.9
-.9
2.2
53.0
17.8
-6.2
.8
1.8
47.8
21.5
4.0
5.3
.8
60.6
7
8
9
42. 1
-1.0
18. 1
39.9
-. 1
13-2
32.3
-. 1
15.5
10
11
59.3
53.0
12
13
14
15
16
17
59.3
56.5
4. 1
2.5
.3
30.6
18
19
20
21
22
23
24
25
BILLIONS OF DOLLABS.
16.1
6.3
»
11/83 BASED ON INCOMPLETE INFOBHATION.
2
3
4
5
6
7
8
9
AUGUST 31, 1983
Other loans
Other loans
Open-Harket Paper and Other loans
42
UHADJUSTBD HET FIOWS($ Hill)
UNADJUSTED NET PIOUS($ Hill)
1982
I
II
III
IV
I
BI11IOHS OP DO11ABS
1983
I
I
II
1973
1974
1975
1976
1977
Open-Harket Paper
1 Total net issues, all types
2
Connercial paper
3
Nonfinancial corporations
Foreign issues in U.S.
4
7,806
5,4 13
7,114
552
14,681
13,488
1,905
1,719
-7,382 -9,657
-8,388 -15,382
-2,015 -11,738
-164
-243
-4,496
4,204
2,546
1,733
5,589
5,525
-1,614
2,187
8.3
6.4
1.4
17.7
8. 1
4. 1
.2
-1.2
-1.5
-2.9
.4
8.1
4.4
1.4
.7
15.0
11.8
1.6
.6
1
2
3
4
5
6
7
8
Financial business
Coaaercial banking
Finance coapanies
Beits
-2,253
1,675
-3,897
-31
9,864
3,382
6,513
-31
-6,209
-4,331
-1,847
-31
-3,401
700
-4,070
-31
-75
431
-476
-30
4,952
631
4,350
-29
4.9
2.2
2.0
.7
3.8
3.5
3.6
-3.3
1.1
.3
.6
.1
2.2
-.8
3.3
-.3
9.6
1.3
8.4
*
5
6
7
8
9
10
11
12
13
Bankers acceptances
Nonfinancial business
Noncorporate
Corporate
Foreign
2,393
-1,155
-578
-577
3,548
1,193
779
390
389
414
1,006
712
356
356
294
5,725
1,136
568
568
4,589
-8,700
-2,772
-1,386
-1,386
-5,928
64
-77
-39
-38
141
2.0
1. 1
.5
.5
.9
9.6
2.5
1.3
1.3
7.1
.2
.3
.2
.2
-.1
3.8
2.6
1.3
1.3
1.2
3. 1
1-3
.6
.6
1.9
9
10
11
12
13
14 Net purchases, by sector
15
Households
Nonfin. corporate business
16
17
Foreign
7,806
144
41
-541
14,681
4,785
5,036
-360
-7,382
-8,344
815
750
-9,657
-4,755
311
-346
-4,496
1,688
21
-2,295
5,589
2,211
-1,870
583
8.3
9.1
.6
.3
17.7
1-7
4. 1
6.6
-1.2
-4.4
3.1
-2.6
8.1
-3.1
5.0
2.7
15.0
9.8
-. 1
4.4
14
15
16
17
18
19
20
21
22
Sponsored credit agencies
Aonetary authority
Coaaercial banking
Savings * loan associations
Hutual savings banks
-254
293
2,136
743
542
54
-488
-2,529
883
52
-240
813
773
459
677
158
667
-33
620
348
254
-1,480
-490
166
231
-354
203
-1,419
-5
-1,171
-.2
*
-1.3
-1.3
-.1
.9
.9
2.2
-.2
.1
.1
.1
1.1
.9
.1
*
-.1
3.7
-. 1
.4
.2
♦
.3
-.3
*
18
19
20
21
22
23
24
25
life insurance coapanies
Hutual funds
Honey aarket funds
1,889
147
2,666
1,598
496
5,154
1,324
-989
-3,420
-640
-300
-5,687
3,440
1,058
-7,089
2,275
834
4,302
♦
1.2
■
1. 1
-.4
.6
.7
-.2
-.1
.4
-1.1
.4
-.3 23
1.1 24
. 1 25
Other loans
1 Finance co. loans to business
2 liab.:
Noncorporate business
Nonfin. corp, business
3
-159
-298
139
739
309
430
-481
-927
446
-1,502
-20
-1,482
1,528
238
1,290
3,152
516
2,636
5.0
.9
4.1
4.8
-1.0
5.8
3.7
-. 1
3.8
8.6
.2
8.4
13.5
♦
13.5
4 U.S. Governnent loans
5 liab.: Households
6
Earn business
Nonfara noncorp. bus.
7
8
Nonfin. corp, business
St.*local governaents
9
Foreign
10
11
Spons. credit agencies
2,612
195
-42
1,009
190
244
616
400
4,051
524
922
981
203
538
883
5,485
657
367
1,143
819
47
2,452
2,195
6
233
700
600
100
556
2,891
300
300
700
300
100
1,191
-
3,020
300
200
700
300
100
1,420
-
4.4
.2
.4
1.5
.3
.3
1.7
-
5.6
.5
.1
.5
1.5
.7
1.6
.7
6.9
-5
.8
1.5
.2
.2
2.8
.9
7.5
.5
-1
1.8
.2
2.0
3.3
-.4
5.8 4
.5 5
1.3 6
1.9 7
• 8
.2 9
3.0 10
-1.1 11
12 Sponsored credit agency loans
13 liab.: Households (SlflA)
Fara business (FICB)
14
Noncorp, business (BC)
15
S*1 assns. (FH1B)
16
611
216
-822
449
968
4,302
376
1,610
-920
3,236
-1,576
601
390
-811
-1,756
-2,786
394
-2,010
471
-1,641
-6,068
-22
-990
929
-5,985
-510
555
870
-712
-1,223
8.5
1. 1
.3
7.2
9.3
1.7
1.0
6.7
-2.4
1.1
.4
-4.0
.3
—
1.3
1.0
-2.0
1,303
-8
1,311
1,344
-7
1,351
1,045
-7
1,052
533
-8
541
566
-5
571
363
-5
368
2.2
*
2.2
2.7
*
2.7
1.6
♦
1.6
1.4
*
1.4
17 Policy loans (HH liability)
18 Asset: U.S. Governaent
life insurance cos.
19
11/83 BASED OH PRELIHIHARI AND INCOHPLETE INFORMATION
6.5
.1
1.4
.6
4.3
1
2
3
12
13
14
15
16
1.7 17
♦ 18
1.7 19
AUGUST 31, 1983
Other Loans
Other Loans
Open-Market Paper and Other Loans
43
SEASONALLY ADJUSTED ANNUAL BATES
SEASONALLY ADJUSTED ANNUAL BATES
1978
1979
1980
198 1
1982
1982
|
1
I
II
III
IV
|
|
1983
I
II
Open-Market Paper
2.6 Total net issues, all types
1.8
Connercial paper
Nonfinancial corporations
-14.4
Foreign issues in U.S.
8.7
1
2
3
4
1
2
3
4
26.4
18.4
2.7
1.0
40.3
28.7
9.0
1.7
20.6
11.2
4.0
2.4
54.0
39.5
14.7
3.9
5.4
-4.9
-4.7
1.9
24. 1
17.6
17.2
2.2
41.9
36.9
.3
6.9
-25.5
-35.2
-11.4
-.7
-18.7
-38.8
-25.0
-1.0
-25.5
13.8
-2.9
6.9
5
6
7
8
14.6
6.7
7.8
.1
18.0
4.5
13.3
.1
4.8
5.6
-.5
-.2
20.9
7.0
13.9
*
-2.0
1.4
-3.3
-. 1
-1.8
6.7
-8.4
1
29.7
13.5
16.3
-.1
-23.2
-17.3
-5.7
-.1
-12.8
2.8
-15.5
-. 1
9.8
1.7
8.2
-. 1
7.4
2.5
5.0
-. 1
9
10
11
12
13
8.0
2.5
1.2
1-2
5.6
1 1.6
2.1
1.0
1.0
9.5
9.4
1.7
.8
.8
7.7
14-5
4.5
2.2
2.2
10.0
10.3
1.5
.7
.7
8.8
6.5
-7.7
-3.9
-3.9
14.2
4.9
3.3
1.6
1.6
1.7
9.8
8.6
4.3
4.3
1.2
20. 1
1.8
.9
.9
18.4
-39.3
-15.6
-7.8
-7.8
-23.7
.9
.3
.2
.2
.6
14
15
16
17
26.4
15.4
.2
7.9
4 0.3
8.2
3.9
6.9
20.6
-3.2
-1. 1
4.4
54.0
1.7
2.0
.8
5.4
-8.2
6.2
-.5
24. 1
-11.6
2.4
1.9
41.9
-9
21.8
-.8
-25.5
-11.2
-3.4
-.8
-18.7
-10.9
4.0
-2.3
-25.5
-6.2
3.4
-4.8
18
19
20
21
22
-1.2
-.4
-1.3
.4
.2
.1
.1
2.2
.7
1. 1
*
.1
1.8
1.5
1.5
.3
-.6
.8
1.2
1.5
-.3
1.3
.3
2.7
1.6
-1.0
2.0
10.5
2. 1
1.6
.2
-1.6
-11.7
3.5
.2
-1.0
2.7
.2
2. 1
2.7
-6
2. 1
2.5
3. 1
2.0
1.0
-5.3
-1.1
-.2
.1
-1.4
1.5
-6.6
-.2
-4.6
Sponsored credit agencies
Honetary authority
Connercial banking
Savings ♦ loan associations
Hutual savings banks
18
19
20
21
22
23
24
25
1.5
1.1
2.6
1.6
-.2
15.6
2.2
1.2
12.3
7.4
-. 1
38.8
4.2
-.6
-1.3
5.0
.6
10.7
6.9
2.0
20.6
.7
-4.0
-13.7
4. 1
-1.2
-22.7
11.7
4.2
-28.4
9.7
3.3
17.2
Life insurance coapanies
Hutual funds
Honey narket funds
23
24
25
Financial business
Connercial banking
Finance conpanies
Beits
5
6
7
8
Bankers acceptances
Nonfinancial business
Noncorporate
Corporate
Foreign
9
10
11
12
13
2.6 Met purchases, by sector
Households
-12.7
-6.7
Monfin. corporate business
3. 1
Foreign
14
15
16
17
Other Loans
1
2
3
11.5
11.5
10.1
*
10.2
3.4
.4
3. 1
9.5
.8
8.7
-1.4
-.9
-.5
4.4
.1
4.3
-1.2
-.2
-1.0
7.7
-.6
8.4
-16.5
-2.9
-13.6
11.9
2.4
9.5
4
5
6
7
8
9
10
11
12.8
.8
3.5
4„ 1
1.7
-1.6
3.9
.4
12.4
1. 1
3.4
3.0
1.2
.2
2.9
.6
16.1
1.0
2.6
4.2
1.5
.9
4.7
1.2
19. 1
1.5
3.4
5.6
1.2
1.2
4.2
1.9
14.3
1.4
1.5
3.8
1.8
.9
4.5
.4
9.5
.8
-1. 1
4.0
.8
1.0
2.5
1.6
12.8
2. 1
.3
3.9
.8
2.2
3.5
23.0
2.6
2.6
4.6
3.3
.2
9.8
12.0
*
4.2
2.8
2.4
.4
2.2
10.3
1.2
-.1
2.8
1.2
.4
4.8
-
12
13
14
15
16
15.0
.4
1.5
.7
12.5
15.2
.6
3.3
2.1
9.2
11.6
1. 1
1.9
1.5
7. 1
19.9
2.2
1.8
-.3
16.2
.8
1.6
-.8
-.8
.8
11.7
.9
-2.8
.3
13.3
9.1
1.5
.9
-.8
7.5
-11.6
2.4
*
-2.4
-11.6
-6.3
1.6
-1.5
-.3
-6.0
-15.8
-.1
-3.5
2.1
-14.4
17
18
19
2.6
*
2.6
4.7
*
4.7
6.7
.1
6.6
7.4
.1
7.3
4.2
V
4.3
5.2
*
5.2
5.4
V
5.4
4.2
4.2
2. 1
*
2.2
2.3
*
2.3
♦
BILLIONS OF DOLLABS.
11/83 BASED ON INCOMPLETE INFOBHATION.
«
8.2 Finance co. loans to business
.4 Liab.: Noncorporate business
7.8
Nonfin. corp, business
1
2
3
8.7 U.S. Governnent loans
4
1.2 Liab.: Households
5
-2.6
Farn business
6
2.8
7
Nonfarn noncorp. bus.
1.2
Nonfin. corp, business 8
.4
St.vlocal governaents
9
5.7
10
Foreign
Spons. credit agencies 11
-11.2 Sponsored credit agency loans
2.2 Liab.: Households (SLHA)
-2.4
Farn business (FICB)
.4
Noncorp, business (BC)
-11.4
5»1 assns. (FHLB)
12
13
14
15
16
1-5 Policy loans (HH liability)
• Asset: U.S. Governnent
1.5
Life insurance cos.
17
18
19
AUGUST 31, 1983
Security Credit, Trade Credit, and Taxes
Security Credit, Trade Credit, and Taxes
Security Credit, Trade Credit, and Taxes Payable
44
UNADJUSTED NET FLOWS ($ HILL)
UNADJUSTED NET FLOWS ($ HILL)
1982
I
II
III
IV
|
1
1973
BILLIONS OF DOLLARS
1976
1974
1975
1983
I
II
1977
Security Credit
.. .. .
1 Net change in liabilities
2
Households
3
Foreign
-9,280
-3,197
-
2,257
1,246
-
3,969
830
9,551
4,376
-
-93
2,333
-
3,455
373
-
-7.9
-4.3
-.2
-4.8
-1.8
♦
3.7
.7
.1
12.7
4.8
-
2.2
1.3
-
1
2
3
4
5
6
7
-6,083
-4,794
-769
-520
1,011
920
97
-6
3,139
1,220
15
1,904
5,175
3,040
200
1,935
-2,426
-2,806
-420
800
3,082
1,235
55
1,792
-3.4
-2.7
-.6
-.2
-2.9
-1.8
-. 1
-1.0
2.9
2.3
-. 1
.6
7.9
6.0
.4
1.5
.9
1.4
.5
-1.0
4
5
6
7
8 Net change in assets
9
Households
Connercial banking
10
-9,280
-520
-5,855
2,257
-6
1,137
3,969
1,904
1,352
9,551
1,935
3,372
-93
800
-3,20*
3,455
1,792
1,555
-7.9
-.2
-3.4
-4.8
-1.0
-2.2
3.7
.6
2.1
12.7
1.5
6.6
2.2 8
-1.0 9
2.2 10
11
12
-2,905
1,126
713
4,244
2,311
108
-4.3
*
-1.6
*
1.0
.1
4.6
1.0 11
12
1 Met change in liabilities
2
Households
3
Farn business
4
Nonfarn noncorp, business
(Payables less receivables)
-10,020
616
-303
-615
-6,867
582
-220
-961
4,715
582
78
-1,115
78
617
-118
-632
-8,397
6*8
161
-482
-5,100
673
91
-173
42.8
.6
.1
.4
35.2
1.0
.2
1.3
12.4
1. 1
.5
1. 1
19.3
1.2
.8
2.2
28.1
1.2
.9
1.2
1
2
3
4
Nonfin. corporate business
State and local governnents
Foreign
O.S. Governnent
-9,276
2*2
-1,308
624
-6,580
222
-355
445
5,089
216
-351
216
617
222
-1,056
*28
-8,267
226
-200
-483
-5,501
226
-200
-216
38.9
.8
1.9
.1
28.7
1.8
3.1
-.8
6.3
1.3
.7
1.4
10.3
.5
.3
4.1
22. 1
.7
.5
1.6
5
6
7
8
2,650
1,781
-766
1,078
557
-4,193
-6,326
352
1,249
532
5,733 -12,849
6,340 -16,577
635
-1,012
-11*
2,576
517
519
4,743
3,505
-463
1,190
511
112
-2,292
-135
2,038
501
*0.7
38.8
1.0
.3
.6
35.7
32.3
1.8
1.0
.5
9.3
5.8
1.6
1.2
.6
23.8
18.7
3.4
.5
1.2
38.4
36. 1
1.7
-.8
1.3
9
10
11
12
13
-12,670
-2,674
-1,018
12,927 -13,1*0
-5,212
2. 1
-.4
3.0
-4.4
Brokers and dealers
Froa connercial banks
Fron foreign banking off.
Custoner credit balances
Brokers and dealers
Foreign
Trade Credit
5
6
7
8
9 Net change in assets
10
Nonfin. corporate business
Foreign
11
U.S. Governnent
12
Other insurance coapanies
13
14 Discrepancy
-10.2 14
Profit Taxes Payable
1
2
3
4
5
6
7
8
1 Net change in taxes payable
Nonfin. corporate business
2
Coaaercial banks
3
Savings * loan associations
4
5
Life insurance conpanies
Other insurance coapanies
6
7
Finance coapanies
Brokers and dealers
8
-5,288 -12,576
-5,145 -12,558
-49
-28
-32
-5
-40
6
-15
2
-15
-3
8
10
1,379
1,316
-19
3
21
8
1
49
274
225
-25
-8
3
—4
83
1,104
1,084
-19
-11
-3
-1
-2
56
-4,414
-4,454
-1*
-6
-5
-2
-1
68
2.5
2.4
.1
♦
*
»
*
1.2
1. 1
.1
.1
*
*
-. 1
-2 .7
-2 .4
- .3
.1
- .1
V
*
8.0
7.5
.2
.1
.1
—
.1
-.6
-1.5
.2
.2
.4
.1
.1
-. 1
9 Net change in taxes receivable
State and local governnents
10
U.S. Governnent
11
-6,563 -13,204
-3,159 -2,757
-3,404 -10,447
3,02*
1,797
1,227
1,313
1,443
-130
232
-2,606
2,838
-5,543
-2,778
-2,765
2.4
.8
1.6
.4
.7
-.2
-1 .7
.6
-2 .3
7.8
2.2
5.6
.4 9
1.8 10
-1.4 11
628
-1,645
-1,039
872
1,129
.2
.7
-1 .0
.2
-1.0 12
-17.9
-5.7
-12.3
-14.5
-.8
-13.7
-21.8
-7.8
-14.0
12 Discrepancy
1,275
Proprietors* Equity in Noncorporate Business
1 Total household investaent
2
Farn business
Nonfara noncorp, business
3
-5,902 -11,064
-1,665 -7,617
-4,237 -3,447
-3,001
-4,414
1,413
11/83 BASED ON PRELIMINARY AND INCOMPLETE INFORMATION
-3,955
1,259
-5,214
-4,968 -10,557
-1,550 -4,883
-3,418 -5,674
-12.8
-3.7
-9.1
-23.9
-5.8
-18.1
1
2
3
AUGUST 31* 1983
Security Credit* Trade Credit* and Taxes
Security Credit* Trade Credit* and Tazes
Security Credit* Trade Credit* and Taxes Payable
45
SEASONALLY ADJUSTED ABHUAL BATES
SEASONALL! ADJUSTED ABHUAL BATES
1978
1979
1980
198 1
1982
1
|
1982
I
|
II
III
17
1
1983
I
II
Security Credit
1
2
3
1.2
1.2
2. 1
1.0
-
12.5
6.5
.9
-1.6
-
6.5
3.3
-
-21.5
-12.8
-
4.4
5.0
-
17.9
3.3
25.2
17.5
-
16.4
9.3
-
4
5
6
7
*
-2.5
.1
2.5
1.1
-.7
a
1.8
6.0
1.2
-.4
5.2
2.5
4.0
.6
-2. 1
3.2
.4
-.5
3.3
-8.7
-4.9
-1.8
-2.1
-.6
.4
-1.0
a
14.6
6.7
.3
7.6
7.7
-.6
.6
7.7
7. 1
4.0
-.1
3.2
8
9
10
1.2
2.5
-2.9
2. 1
1.8
-.9
12.5
5.2
.8
.9
-2. 1
5.3
6.5
3.3
a
-21.5
-2. 1
-7.8
4.4
a
-.1
17.9
7.6
7.5
25.2
7.7
.5
16.4
3.2
4.0
11
12
1.6
1. 1
6.5
-2.3
3.2
-11.6
4.5
2.9
17.0
—
9.2
1
2
3
a
59.0
1.5
1.6
3. 1
61.5
1.7
1.2
.1
48.4
2.3
1.0
-.9
33.7
2.7
1. 1
-.2
-12.1
2.4
-.6
-3.3
-18.8
2.5
-1.2
-2.5
-1.6
2.3
-.9
-3.8
-6.5
2.3
.3
-4.5
-21.4
2.5
-.5
-2.5
-5.1
2.6
•6
-1.9
7.0 Bet change in liabilities
Households
2.7
.4
Para business
Bonfarn noncorp, business
-.7
(Payables less receivables)
1
2
3
4
5
6
7
8
49.1
1.7
-.3
2.3
54.4
1.6
1.5
1.1
40.8
2.0
1.7
1.4
27.8
1. 1
.2
1.0
-10.2
-9
-3. 1
1.7
-15.0
1.0
-5.2
1.7
-1.1
.9
-1.4
2.4
-4.8
.9
-1.4
.7
-19.5
.9
-4.2
2.0
-3.7
.9
-.8
-2.8
4.8
.9
-.8
-.3
Nonfin. corporate business
State and local governnents
Poreign
U.S. Governaent
5
6
7
8
9
10
11
12
13
63.2
56.0
3.0
2.7
1.5
76.0
71.4
.2
2.4
1.9
58.5
49. 1
3.6
3.8
2.0
29.1
23.6
.3
2.5
2.6
-8.7
-14.8
-.8
4.8
2.1
-12.3
-15.8
-3.1
4.3
2.2
.3
-8.2
1.4
5.0
2.1
-5.4
-3.0
-4.0
-.5
2.1
-17.2
-32.1
2.5
10.3
2.1
-3.2
-8.1
-1.9
4.8
2.0
14
-4.2
-14.5
-10. 1
4.6
-3.4
-6.5
-1.9
-1.1
-4.2
-1.9
9.2 Bet change in liabilities
Households
1.5
Poreign
7.7
2.0
-1.5
7.2
Brokers and dealers
Proa connercial hanks
Prou foreign banking off.
Custoner credit balances
9.2 Bet change in assets
Households
7.2
Coaaercial banking
1.6
•4
*
Brokers and dealers
Poreign
1
2
3
4
5
6
7
8
9
10
11
12
Trade Credit
19.0 Bet change in assets
Honfin. corporate business
9.4
Poreign
-.5
U.S. Governnent
8.2
Other insurance conpanies
2.0
-12.0 Discrepancy
9
10
11
12
13
14
Profit Taxes Payable
1
2
3
4
5
6
7
8
1
2
3
4
5
6
7
8
5.2
4.3
.1
.2
.3
.1
-1
*
2.8
2.5
.5
-.2
*
*
-. 1
.1
-3. 1
-1.7
-.5
-.3
-.4
-.2
—.2
.2
-8.4
-6.8
-.4
-.3
-.5
-.2
-.2
a
-16.2
-16.2
-. 1
♦
♦
a
a
.2
-27.3
-26.7
-.2
-. 1
-.2
-. 1
-. 1
.1
-10.7
-10.7
-.1
a
a
a
a
.1
-11.1
-11.3
-. 1
a
•1
a
a
.2
-15.8
-16.0
-.1
a
a
a
a
.2
-1.8
-1.8
-.1
-. 1
a
a
a
.3
22.7 Het change in taxes payable
Honfin. corporate business
22.4
Coaaercial banks
-.1
a
Savings a loan associations
a
Life insurance conpanies
a
Other insurance conpanies
a
Pittance conpanies
Brokers and dealers
.3
9
10
11
3.7
.8
2.8
1.0
1.5
-.5
-3.8
1. 1
-4.8
-7.3
.9
-8.2
-15.4
-2.7
-12.8
-26.4
-4.0
-22.4
-9.3
-2.4
-6.9
-11.2
-1.6
-9.5
-14.8
-2.7
-12.1
.3
-1.4
1.7
21.9 Bet change in taxes receivable 9
State and local governnents 10
-2.0
11
U.S. Governnent
23.9
12
1.5
1.8
.6
-1.0
-.8
-.9
-1.3
.1
-1.0
-2.0
-23.2
-11.0
-12.2
-15.8
-6.5
-9.3
• 8 Discrepancy
12
Proprietors* Eguity in Boncorporate IBusiness
1
2
3
-23.3
-8.3
-15. 1
-28.8
-9.6
-19. 1
BILLIONS OP DOLLABS.
-40.8
-16.4
-24.4
-26.9
-8.6
-18.3
-23.9
-12.4
-11.5
-28.6
-7.3
-21.3
11/83 BASED OB IICOHPLETE IBPOBHATZOH.
-22.1
-14.7
-7.4
-25.7
-16.8
-8.9
-24.6 Total household investnent
Para business
-3.1
Honfarn noncorp, business
-21.4
1
2
3
AOGOST 31, 1983
fliscellaaeous I
Hiscellaneous I
Hiscellaneous Financial Claias
46
UNADJUSTED HET FLOWS {$ HILL)
UNADJUSTED HET FLOWS(9 HILL,
|
1982
I
1 Net change in liabilities
2
Households
3
Nonfin. corporate business
III
II
If
I
BILLIOHS OF DOLLABS
1983
I
II
1973
1974
1975
1976
1977
21,454
275
2,080
25,556
181
2,892
11,915
151
2,635
10,060
186
2,780
14,962
206
1,624
18,534
219
2,000
33.7
.4
2.8
32.5
.7
4.8
37.4
.7
2.6
51.8
.6
4.3
45.0
.9
3.7
1
2
3
2,079
3,418
6,188
1,741
-1,996
157
5,396
-5,166
3,210
1,753
4,616
-695
10.6
-.4
10.2
*
15.6
-.7
16.3
.9
8.4
-.9
4
5
4
5
Foreign
D. S. Governaent
6
7
8
9
Total finance
Sponsored credit agencies
Monetary authorities
Connercial banking
13,602
825
-651
2,477
14,554
568
-158
4,462
10,968
2,412
175
1,255
6,864
2,124
551
-877
8,169
48
-801
2,489
12,394
138
136
3,349
20.3
2.2
1.2
4.7
16.8
.4
-.3
7.7
19.3
1.7
-.5
2.1
29.6
2.0
.3
3.4
32.9
1.4
-. 1
6.7
6
7
8
9
10
11
12
13
14
15
Savings * loan assns.
Hutual savings banks
Life insurance conpanies
Other insurance coapanies
Finance conpanies
Beits
3,087
880
1,845
2,656
2,483
-
6,224
-125
1,741
2,614
-772
-
2,338
69
1,703
2,620
396
1,661
-1,121
1,733
2,673
120
991
-393
1,746
2,721
1.368
-
3,835
-1,024
1,751
2,766
1,443
-
.6
.6
2.5
4.8
3.7
-
-. 1
.3
2.6
4.9
.6
.8
.7
-.1
3.3
6.2
4.6
1.3
1.1
.1
3.9
10.3
8.4
.2
1.2
.4
4.6
12.6
6.6
-.5
10
11
12
13
14
15
18,984
1,639
480
541
2,874
20,858
1,689
316
467
2,738
20,600
1,718
410
518
4,094
22,008
1,724
470
531
4,512
20,223
1,741
339
535
5,527
20,226
1,763
334
544
4,453
37.0
2.8
.6
1.0
17.3
31.7
2.7
.8
1.0
13.3
31.9
3.8
.9
1.3
14.9
47.1
5.5
1.5
2.1
18.3
36.4
6.9
1.7
2.6
21.5
16
17
18
19
20
2,859
302
1,411
602
1,855
39
4,048
280
3,016
-17
2,325
80
7.5
.9
2-7
*
1.7
.7
8.8
1.0
16 Net change in assets
17
Households
18
Fara business
19
Nonfarn noncorp, business
20
Nonfin. corporate business
-4.3 21
.7 22
21
22
Foreign
O.S. Governaent
23
24
25
26
Total finance
Sponsored credit agencies
Honetary authority
Connercial banking
10,289
318
-25
1,322
13,635
-62
-42
4,151
11,966
590
523
1,626
10,443
538
-431
410
9,082
586
99
4,000
10,727
73
-121
5,605
6.8
.9
.3
3.0
11.3
-1.6
1.8
6.5
8.7
1.0
*
2.0
10.1
-.5
-.2
6. 1
7.2
1-0
-.6
3.5
23
24
25
26
27
28
29
30
31
32
Savings and loan assns.
Hutual savings banks
Life insurance coapanies
Private pension funds
Beits
Honey aarket funds
4,914
349
1,971
100
448
892
6.855
1. 163
2,047
100
173
-750
6,688
862
2,074
100
126
-623
7,956
322
2,052
100
121
-625
2,178
423
2,039
100
49
-392
1,463
1,036
2,035
100
124
412
1.3
.2
.9
.1
*
-
2.3
-5
1.4
.1
.4
-.1
1.9
.6
1.7
.2
1.2
*
2.9
.4
1.5
.2
-.3
♦
1.8
.3
2.5
-.5
-.8
-.1
27
28
29
30
31
32
2,470
4,698
-8,685 -11,948
-5,261
-1,692
-3.3
.7
5.5
4.7
8.6 33
33 Unallocated, net
(A) Foreign clains
Direct foreign investnent by D.S. corps.
2,128
2,674
34 Liab.: Foreign
Eguity * intercompany accts.
1,346
1,012
35
1,116
36
fietained earnings
1,328
1,082
-98
1,180
51
-1,646
1,697
1,424
14
1,410
1,500
1,500
10.1
2.0
8.2
8.9
1.2
7.8
14.0
6.0
8.0
11.6
3.9
7.7
11.5 34
5.1 35
6.4 36
Direct foreign investment in D.S.
2,080
37 Liab.: Nonfinan. corp. bus.
38
Eguity ♦ intercoapany accts«
1,943
Betained earnings
137
39
2,892
2,883
9
2,635
2,784
-149
2,780
2,941
-161
1,624
1,568
56
2,000
2,000
2.8
1.9
.9
4.8
3.7
1. 1
2.6
1.4
1.2
4.3
2-7
1.7
3.7 37
2.1 38
1.6 39
O.S. Govt. eg. in IBBD, etc.
40 Liab.: Foreign
250
600
50
374
52
129
.3
-6
.7
1.1
.7 40
Nonofficial foreign currency
41 Asset: O.S. Governaent
Liab.: Poreign
52
2
-11
-94
-69
-49
.6
-.6
*
-.1
♦ 41
(B) Clains on Federally related agencies
Postal Savings
josits
42 Asset: Househ«_ as
Liab.: O.S. Governnent
42
Deposits at Federal Hoae Loan Banks
676
43 Liab.: Sponsored credit ags.
Asset: S+l associations
44 Federal Beserve Bank stock
Asset: Connercial tanks
45 Eguity in sponsored credit ag.
46 U.S. Governnent
Private:
47
Fara business (FICB + FLB)
48
Nonfarn noncorporate (BC)
49
Nonfin. corp. bus. (FNHA)
S+l associations (FHLB)
50
-390
1,613
919
-950
-699
.2
.6
.3
1.2
.3 43
20
29
14
18
34
28
.1
.1
*
.1
* 44
258
-
177
-
160
-
335
-
-20
-
123
-
.6
-
.8
-
.4
-
.5
-
.8 45
- 46
172
34
-3
55
-9
-34
220
79
14
75
-8
145
15
175
15
10
3
-48
12
10
4
97
.2
*
«
.4
.2
*
•
.5
.2
V
♦
.1
.2
.1
V
.2
.2
♦
.1
.4
11/83 BASED ON PRELIMINARY AND INCOMPLETE INFOBHATION
47
48
49
50
AOGOST 31, 1983
Hiscellaneous I
Hiscellaneous I
Hiscellaneous Financial Claias
SEASONALLY ADJUSTED ANNUAL BATES
SEASONALLY ADJUSTED ANNUAL BATES
1978
1979
1980
1981
1982
1
2
3
71.8
1.1
7.9
9 1.8
1.3
11.9
63.4
1.2
13.7
101. 1
1.8
22.0
4
5
20.1
-.3
27.6
-1.3
14.6
-1.9
6
7
8
9
43.0
4.6
.5
12.9
52.3
5-7
.9
13.2
10
11
12
13
14
15
-.3
1.4
4.8
14.1
5.3
-.1
16
17
18
19
20
1
1
1982
1983
I
II
69.0
.8
10.4
68.5
1. 1
8.3
92.8
.7
11.6
46.6
.6
10.5
67.9
.7
11.1
45.7
.8
6.5
18.2
1.0
11.7
.2
-2.1
13.7
16.7
7.0
2.0
.6
30.1
-20.7
3.5
7.0
8.3
-2.8
Foreign
U.S. Governaent
4
5
35.8
3.6
-1. 1
7.4
58. 1
4.7
.3
17.4
46.0
5.9
-. 1
7.3
47.5
5.0
-3.2
4.4
56.9
4. 1
-.6
19.7
32.8
7.1
-5
-1.5
46.6
7.5
3.0
6.7
27.8
1.9
-3.8
6.3
50.3
3. 1
.6
17.6
Total finance
Sponsored credit agencies
Honetary authorities
Coaaercial banking
6
7
8
9
1. 1
1.2
5.3
14.7
10.1
a
.9
.8
3.8
12.4
7.9
.1
2.6
2.6
8.2
10.8
11.5
*
13.3
-.3
7.0
10.6
2.2
-
11.0
2.3
7.4
10.6
9.9
19.7
—.4
7.0
10.5
-3.1
-
9.8
-1.9
6.8
10.5
1.6
-
12.6
-1.2
6.9
10.7
.5
-
2.9
-2.9
7.0
10.9
5.5
-
9.3
-4. 1
7.0
11.1
5.8
-
Savings ♦ loan assns.
Hntnal savings banks
Life insurance coapanies
Other insurance conpanies
Finance conpanies
Reits
10
11
12
13
14
15
65.2
6.6
2.0
3.0
24.5
76.9
7.2
1.9
3.0
35. 1
75.2
5.6
1.9
2.6
32.3
101.6
6. 1
1.7
2. 1
21.6
82.5
6.8
1.7
2. 1
14.2
71.0
6.6
1.9
2.2
9.6
74.5
6.8
1.3
1.9
11.9
94.0
6.9
1.6
2.1
18.3
90.4
6.9
1.9
2.1
17.0
75.4
7.0
1.4
2.1
20.6
73.6 Net change in assets
Households
7. 1
Fara business
1.3
Noafara noncorp, business
2.2
Nonfin. corporate business
19.0
21
22
7.6
.8
6.8
.8
15.2
.5
19.9
.8
10.2
1.2
9.7
1.2
3.7
2.4
13.5
.2
13.9
1.1
8.5
-.1
9.2
.3
23
24
25
26
20.8
.5
.5
11.8
22.1
.4
.2
10. 1
17.1
1.3
.5
7.3
49.3
.8
.5
28.0
46.3
1.4
*
7.5
39.8
2. 1
-. 1
2.2
46.7
1.5
-.2
7.0
51.4
1.7
2.1
10.2
47.4
.2
-1.7
10.7
35.9
3.4
•4
13. 1
27
28
29
30
31
32
4.6
.7
2.4
.1
-.3
.5
6.3
.5
3.5
.4
.3
.4
3.7
1.0
3.6
.4
-1.0
.4
8.8
1.2
7.3
.4
.4
1.9
26.4
2.7
8. 1
•4
.9
-1.1
20.2
1.8
7.9
.4
1.8
3.6
28.3
3.8
8.2
.4
.7
-3.0
27.2
3.5
8.3
.4
.5
-2.5
30.0
1.7
8.2
.4
.5
-2.5
9.6
2.3
8.2
•4
.2
-1.6
33
6.6
14.9
-11.8
-.5
-13.5
-2.4
18.3
-47.4
-22.4
-29.7
III
17
|
I
II
64.7 Ret change in liabilities
.9
Households
8.0
Nonfin. corporate business
1
2
3
16
17
18
19
20
Foreign
U.S. Governaent
21
22
34.5
2.2
-.5
12.2
Total finance
Sponsored credit agencies
Honetary authority
Coaaercial banking
23
24
25
26
6.8
3. 1
8. 1
.4
.5
1.6
Savings and loan assns.
Hutual savings banks
Life insurance coapanies
Private pension funds
Reits
floney aarket funds
27
28
29
30
31
32
-8.9 Unallocated, net
33
(A) Foreign claias
34
35
36
15.7
4.4
11.3
26.6
7.6
19.0
21.9
4.9
17.0
12.8
-.7
13.5
5.9
.6
5.3
9.6
4.2
5.3
7.4
2.9
4.5
6.3
1.6
4.7
.5
-6.3
6.8
Direct foreign investnent by U.S. corps.
34
4.8 Liab.: Foreign
4.9
Eguity ♦ intercoapany accts. 35
-.7
-1.2
Retained earnings
36
5.6
6.0
37
38
39
7.9
5.3
2.6
I 1.9
7.9
4.0
13.7
7.5
6.2
22.0
18.2
3.8
10.4
10.6
-.2
8.3
7.8
.5
11.6
11.5
a
10.5
11.1
-.6
11.1
11.8
-.6
6.5
6.3
.2
40
.6
.8
.7
1. 1
1.3
1.0
2.4
.2
1.5
.2
41
.1
-.3
-.2
-. 1
.2
•
a
-.4
-.3
Direct foreign investnent ia U.S.
37
8.0 Liab.: Nonfinan. corp. bus.
Eguity * intercoapany accts. 38
8.0
39
Retained earnings
U.S. 6ovt. eg. in IBBD, etc.
.5 Liab.: Foreign
40
Nonofficial foreign currency
-.2 Asset: U.S. Governaent
Liab.: Foreign
41
(B) Claias on Federally related agencies
Postal Savings Oeposits
Asset: Households
Liab.: U.S. Governaent
42
43
2.1
3.0
.8
1.8
2.8
3.3
.4
44
a
.1
.1
. 1
.1
•1
.1
45
46
1.3
—
1.6
.7
—
1.4
—
-9
—
1.0
—
.6
—
.9
—
1.2
47
48
49
50
.3
.1
a
.8
.4
.1
.1
1.0
.6
.1
a
a
.6
. 1
.7
.4
a
.1
.4
.7
.1
a
.2
a
-.1
.8
.3
.1
.3
.2
.6
.1
.6
BILLIONS OF DOLLABS.
11/83 BASED ON INCOBPLETE INFOBBATION.
3.9
3.7
-3.3
.1
.1
a
—
.1
a
a
-. 1
Deposits at Federal Hone Loaa Banks
-.2 Liab.: Sponsored credit ags.
Asset: S+1 associations
42
43
. 1 Federal Reserve Bank stock
Asset: Coaaercial banks
44
.3 Eguity in sponsored credit ag.
- U.S. Governaent
Private:
a
Fara business (FICB * FLB)
a
Nonfara noncorporate (BC)
a
Nonfin. corp. bus. (FNHA)
S+1 associations (FHLB)
.2
45
46
47
48
49
50
AOGOST 31, 1983
Hiscellaneous II
Hiscellaneous II
Hiscellaneous Financial Clains (Continued)
48
OHADJUSTED MET FLOWS(I HILL)
UBADJUSTED BET PLOWS(S HILL)
1982
I
II
III
IV
1
|
1983
I
II
1973
BILLIOBS OP DOLLABS
1974
1975
1976
1977
.9
(C) Life insurance clains
Deferred and unpaid preniuns
1 Liab.: Households
Asset: Life insurance
275
181
151
Life conpany reserves
2 Liab.: Life insurance cos.
Accident and health
3
4
Policy dividend accua.
Asset: Households
552
287
265
560
319
241
563
329
234
2,656
1,087
308
507
754
2,614
1,129
325
501
659
969
-355
206
219
4
.7
.7
6
559
315
244
556
307
249
554
301
253
1.4
.6
.9
1.4
.7
.7
1.7
-7
1.0
1.9
.7
1.2
2,620
1,155
331
504
630
2,673
1,165
325
516
667
2,721
1,185
324
525
687
2,766
1,209
322
534
701
4.8
1.4
.5
1.0
2.0
4.9
1.2
.5
1.0
2.1
6.2
2. 1
.7
1.2
2.2
10.3
3.6
1.3
2.1
3.4
299
104
1,280
1,232
1.4
7
3.4
6.4
—8,685 -11,948
1
2.7 2
1.4 3
1.4 4
(D) Nonlife insurance clains
5 Liab.:
6 Asset:
7
8
9
Other insurance cos.
Households
Para business
Nonfarn noncorp. bus.
Nonfin. corp, business
(E) Intercorporate claias
Corporate parent investaent in
finance coapanies
Asset: Doaestic bant affiliates
10
12.6
4.2
1.5
2.5
4.4
5
6
7
8
9
5 10
(F) Unallocated assets ♦ liabilities
11 Net total (liab. less assets)
2,470
4,698
-5,261
-1,692
-3.3
.7
5.5
4.7
12
13
14
15
16
17
Net change in liabilities
Foreign
U.S. Governaent
U.S. Govt.-without levels
Sponsored credit agencies
Honetary authority
10,992
-897
3,418
-109
-671
17,118
3,458
1,741
781
-187
2,739
-3,117
157
639
161
2,155
5,065
-5,166
870
533
8,104
1,803
1,753
1,018
-835
10,731
3,036
-695
714
108
11.0
-.5
—.4
1.4
1. 1
9.6
1.3
1.7
-1.7
-1.0
-.3
7.5
.9
-.6
-.1
1.1
-.5
14.0
3.7
-.5
1.4
.3
•2
12.2
-3.8
-.7
-.3
•4
-.1
12
13
14
15
16
17
18
19
20
21
22
Coaaercial banting
Coaaercial bants
Bant affiliates
Foreign banting offices
Bants in U.S. poss.
2,477
902
23
800
752
4,462
5,058
-1,512
98
818
1,255
213
-633
872
803
-877
-3,032
-802
2,106
851
2,489
2,469
-66
-773
859
3,349
2,624
398
-561
888
4.7
3.3
*
1.0
.5
7.7
5.5
.5
1.6
.1
2.1
.1
.2
.7
1. 1
3.4
1.7
.9
.3
.4
6.7
5.4
-.3
.7
.8
18
19
20
21
22
23
24
25
26
27
Savings and loan assns.
Hutual savings bants
Life insurance coapanies
Finance coapanies
Beits
3,087
880
1,293
1,514
-
6,224
-125
1,181
-417
-
2,338
69
1,140
97
1,661
-1,121
1,174
16
991
—393
1,190
88
-
3,835
-1,024
1,197
211
-
.6
.6
1.1
2.3
-
-. 1
.3
1.1
-. 1
.8
.7
-. 1
1.6
1.2
1.3
1.1
.1
2.0
2.1
.2
1.2
.4
1.8
7. 1
-.5
23
24
25
26
27
28
29
30
31
32
Net change in assets
Nonfin. corporate business
Foreign
Sponsored credit agencies
Honetary authority
8,522
-551
779
318
-25
12,420
-49
-1,481
-62
-42
11,424
2,307
-780
590
523
14,103
3,794
1,268
538
-431
13,365
3,413
1,392
586
99
12,423
2,248
325
73
-121
14.3
5.2
4.7
.9
.3
8.9
2.2
-2.0
-1.6
1.8
2.0
-1.4
-.9
1.0
*
9.3
3.2
4.4
-.5
-.2
3.6
5.5
-8. 1
1.0
-.6
28
29
30
31
32
8.6 11
33
34
35
Coaaercial bants
Foreign banting offices
Bants in U.S. possessions
-534
486
381
3,205
1,139
133
1,540
-378
151
-1,098
1,126
260
2,056
463
167
3,542
538
265
.9
.6
.1
4.6
1.4
-.2
-2.5
.6
.6
-.7
.4
-.1
3.7 33
.3 34
V 35
36
37
38
39
Savings and loan assns.
Hutual savings bants
Life insurance coapanies
Private pension funds
4,183
349
1,696
100
7,025
1,163
1,866
100
5,083
862
1,923
100
6,862
322
1,866
100
3,176
423
1,833
100
2,065
1,036
1,816
100
.8
.2
.5
.1
1.1
.5
.7
.1
1.5
.6
1.0
.2
1.5
.4
.8
.2
1.2
.3
1.6
-.5
40
41
Beits
Honey aartet funds
448
892
173
-750
126
-623
121
-625
49
-392
124
412
*
.4
-. 1
1.2
*
-.3
*
-.8 40
-. 1 41
11/83 BASED ON PBELIBINABT AMD INCOHPLETE INFOBHATION
-
36
37
38
39
AOGOST 31, 1983
Biscellaaeous II
Hiscellaneous ll
Niscellaaeous Financial Clains (Continued)
49
SBASONALLI ADJUSTID ANMOAL BATES
1978
1979
1980
1981
SEASONAL!! ADJUSTED ANNUAL RATES
1982
I
I
1982
I
II
III
IT
|
|
1983
I
II
(C) life insurance claias
1
1. 1
1.3
1.2
1.8
.8
1. 1
.7
•6
.7
.8
2
3
A
2.7
1.3
1.4
2.9
•8
1.6
1.7
.6
1.1
2. 1
.9
1.2
2.2
1.3
1.0
2.2
1. 1
1.1
2.2
1.3
1.0
2.3
1.3
.9
2.2
1.3
1.0
2.2
1.2
1.0
5
6
7
8
9
14. 1
3.9
1.7
2.9
5.6
14.7
4.8
I.S
2.9
5.5
12.4
3.9
1.3
2.5
4.7
10.8
4.0
1.1
2. 1
3.7
10.6
4.5
1.3
2.0
2.7
10.6
4.3
1.2
2.0
3.0
10.5
4.5
1.3
2.0
2.6
10.5
4.6
1.3
2.0
2.5
10.7
4.7
1.3
2.1
2.7
10.9
4.7
1.3
2.1
2.7
•0
2.7
5.5
4.4
7.9
1.0
3.9
-1.4
1.2
•4
5.1
11
6.6
14.9
-11.8
-.5
-13.5
-2.4
18.3
-47.4
-22. 4
-29.7
12
13
14
15
16
17
23.6
3.6
—.3
1.3
.4
23.9
.2
—
-1.3
1.1
.8
6.1
-7.8
—
-1.9
2.1
-1. 1
39.5
4.6
—
1.0
1.4
.2
33.0
4.5
•
.2
2.2
-.2
27.3
-12.9
—
13.7
.7
-3.2
58.4
6.9
—
7.0
3.2
-.8
10.2
-4.4
.6
2.3
.5
36.1
28.5
-20.7
2.6
2.9
18.4
-1.4
—
7.0
5.3
-3.9
18
19
20
21
22
12.9
12.4
-2.4
2.3
.6
13.2
9.1
.3
2.7
1. 1
7.4
.8
.1
4.9
1.6
17.4
6.7
1. 1
6.8
2.7
7.3
3.1
-2.9
3.9
3.2
4.4
-1.2
.1
2.5
3.0
19.7
19.6
-6.0
2.8
3.3
-1.5
-5.1
-2.5
2.9
3.2
6.7
-.8
-3.2
7.3
3.4
23
24
25
26
27
-.3
1.4
2.1
2.6
-.1
1.1
1.2
2.9
4.6
*
.9
.8
2.1
3.5
.1
2.6
2.6
6.0
3.6
♦
13.3
-.3
4.8
1.2
-
11.0
2.3
5.2
6. 1
19.7
—.4
4.7
-1.7
-
9.8
-1.9
4.6
.4
28
29
30
31
32
17.0
3.2
-.3
.5
.5
9.0
2.9
-5.1
.4
.2
17.8
5.7
1.5
1.3
.5
40.0
5.2
-2.1
.8
.5
46.5
5.5
-.2
1.4
*
29.7
-2.9
1.4
2.1
-. 1
40.1
1.9
-7.9
1.5
-.2
33
34
35
6.9
2.0
.1
2.0
2.1
.4
.9
1.5
.5
9.3
7.9
2.9
3.1
2.4
.9
-5.2
1.9
1.5
36
37
38
39
1.7
.7
1.3
.1
2-2
.5
2.2
.4
2.8
1.0
2.4
.4
6.3
1.2
5.5
.4
23.2
2.7
7.4
.4
40
41
-.3
.5
.3
.4
-1.0
•4
.4
1.9
.9
-1.1
Deferred and unpaid preaiuas
.9 liab.: Households
Assets life insurance
life coapany reserves
2.2 liab.; life insurance cos.
Accident and health
1.2
Policy dividend accua.
1.0
Asset: Households
1
2
3
4
(D) Nonlife insurance claias
11. 1 Liab.;
4.8 Asset:
1-3
2.1
2.8
Other insurance cos.
Households
Fara business
Nonfara noncorp, bus.
Nonfin. corp, business
(B) Intercorporate claias
Corporate parent investnent in
finance coapanies
4.9
Assset: Doaestic bank affiliates
5
6
7
8
9
10
(F) Unallocated assets ♦ liabilities
BI11IOIS OF DOLLABS.
-8.9 Net total (liab. less assets)
11
32.3
3.2
-2.8
3.0
.5
Net change in liabilities
Foreign
U.S. Governaent
U.S. Govt.-without levels
Sponsored credit agencies
Honetary authority
12
13
14
15
16
17
6.3
6.9
-.3
-3.7
3.4
17.6
11.9
1.6
.6
3.6
Coaaercial banking
Coaaercial banks
Bank affiliates
Foreign banking offices
Banks in U.S. poss.
18
19
20
21
22
12.6
-1.2
4.7
.1
-
,2.9
-2.9
4.8
.4
9.3
-4. 1
4.8
.8
Savings and loan assns.
Hutual savings banks
life insurance coapanies
Finance coapanies
Reits
23
24
25
26
27
57.6
9.2
2.9
1.7
2.1
58.6
13.9
2.8
.2
-1.7
48.2
12.9
2.0
3.4
.4
41.2
11.3
1.2
2.2
-.5
Net change in assets
Nonfin. corporate business
Foreign
Sponsored credit agencies
Honetary authority
28
29
30
31
32
3.2
4.6
.5
9.8
-1.5
.6
4.7
4.5
1.0
5.3
1.9
.7
4.0
2.2
1. 1
Coaaercial banks
Foreign banking offices
Banks in U.S. possessions
33
34
35
16.7
1.8
6.8
.4
27.1
3.8
7.5
.4
23. 1
3.5
7.7
.4
25.7
1.7
7.5
.4
13.0
2.3
7.3
.4
6.8
3. 1
7.3
.4
Savings and loan assns.
Hutual savings banks
Life insurance coapanies
Private pension funds
36
37
38
39
1.8
3.6
.7
-3.0
.5
-2.5
.5
-2.5
.2
-1.6
.5
1.6
Reits
Honey aarket funds
40
41
11/83 BASED OB INCOHPLETE INFORHATION.
AUGUST 31, 1933
Total Claias
Total Claims
Total Financial Assets and Liabilities
50
UNADJUSTED SET FLOWS{$ HILL)
OHADJUSTED HET PLOWS(J HILL)
1982
I
II
III
IT
1
|
1983
I
II
1973
BILLIOHS OP DOLLABS
1974
1975
1976
1977
Total Het Borrowing and Lending in Credit Harkets (1)
1
Total net borrowing
in credit narkets
83,449 119,586 138,816 138,427 101,814 167,536
239.8
229.3
211.6
283.8
378.7
1
84,161 121,889 117,463
8,975 57,643 61,965
75,186 64,246 55,498
20,448 24,913 31,053
6,587
2,924 -2,164
6,879
12,596
4,934
23,387 23,032
5,612
12,168
8,443 14,118
88,926 140,029
55,641 46,896
33,285 93,133
19,704 43,077
157
3,570
4,803 13,578
4,427 14,079
4,194 18,829
187.7
8.3
179.4
77.7
9.9
29.8
48.8
13.2
175.3
11.8
163.5
53.9
7.8
20.2
66. 1
15.5
193.0
85.4
107.6
52.1
8.5
12.5
20.9
13.7
243.5
69.0
174.5
89.5
10.2
15.4
44.2
15.2
319.4
56.8
262.6
137.3
12.3
28.0
69.7
15.4
2
3
4
5
6
7
8
9
3,488
31,937
8,795
9,323
103
3,175
2,499
8,029
13
2,208
10,680
-3,180
18,698
277
1,389
-5,023
-1,495
14
5,016
22,491
476
15,757
235
1,655
-682
5,036
14
6.3
45.8
16.3
3.6
*
3.2
7.6
9.5
5.6
15.0
39.0
17.3
3.4
.2
4.4
6.2
6.0
1.5
11.3
7.3
3.2
7.1
.2
.6
-4.2
-5
-.1
19.3
21.0
2. 1
12.2
5.4
-1.7
4.3
-1.9
13.5
45.8
5.9
16.1
.6
2.0
6.9
16.9
-2.5
10
11
12
13
14
15
16
17
18
83,449 119,586 138,816 138,427 101,814 167,536
2
3
4
5
6
7
8
9
Doaestic nonfinan. sectors
U.S. Governnent
Private donestic
Households
Fam business
Nonfarn noncorp. bus.
Corporate business
State+local governaents
71,818
32,680
39,138
9,868
1,680
5,355
20,643
1,592
10
11
12
13
14
15
16
17
18
Foreign borr. in U.S.
Financial sectors
Sponsored credit agencies
Hortgage pools
Coaaercial banks
Bank affiliates
Savings and loan assns.
Finance coapanies
Reits
1,126
10,505
2,183
8,641
-28
1,658
1,090
-3,053
14
19
Total net lending
in credit narkets
4,713
12,214
6,093
13,280
189
-3,918
-2,702
-742
14
6,345
14,619
-1,729
18,288
343
1,000
-3,931
635
13
.7
239.8
229.3
211.6
283.8
17,233
21,796
5
-2,235
-2,333
26,729
6,930
438
4,736
14,625
23,425
14,578
253
6,176
2,418
32,328
14,112
1,046
5,058
12,112
16,824
11,714
366
2,302
2,442
45,225
18,946
708
479
25,092
43.5
37.9
1.4
-1.4
5.6
50.4
42.0
.7
7.6
.1
50.7
35.7
.8
12-3
1.9
44.7
27.8
1.2
8.0
7.7
40.6
32.9
•6
-5.3
12.4
1,210
3,177
5,860
5,077
6,627
5,424
3,874
2,999
4,691
1,857
2,500
3,798
.6
3.9
11-2
9.4
6.1
13.4
15.2
7.9
39.6 25
10.0 26
61,829
3,112
8,641
-5,371
81,920 103,340
8,551
3,626
9,323 13,280
835
9,149
99,226
476
18,288
5,161
78,442 116,013
-4,031
2,276
18,698 15,757
5,415
-4,751
191.8
15.5
3.6
9.2
158.3
20.8
3.4
6.2
141.3
4.5
7.1
8.5
216.0
4.7
12.2
9.8
288.5
6.4
16.1
7.1
27
28
29
30
Connercial banking
Coaaercial banks
Bank affiliates
Foreign banking offices
Banks in U.S. poss.
16,790
18,663
9
-1,909
27
24,185
24,843
240
-1,108
210
27,151
24,430
-257
2,747
231
40,399
39,621
94
596
88
16,403
15,715
43
454
191
39,106
42,265
-235
-3,004
80
84.7
78.5
1.7
4.4
.1
67.0
58.5
.9
.5
29.5
28.5
-.5
1. 1
.4
59.8
55. 1
-.3
4.4
.6
87.8
81.9
.6
4.9
.3
31
32
33
34
35
Private nonbank finance
Savings institutions
Savings ♦ loan assns.
Hutual savings banks
Credit unions
38,657
7,646
4,874
627
2,145
39,026
4,381
3,221
-1,389
2,549
50,134
5,275
2,027
165
3,083
34,902
13,255
9,302
1,176
2,777
52,123
27,253
19,233
4,051
3,969
53,459
28,795
23,031
516
5,248
78.8
36.3
28.3
4.3
3.6
60.9
25.3
19.5
3.1
2.7
91.8
51.2
35.1
10.7
5.4
129.5
68.4
49.0
12.8
6.6
171.1
78.5
60.1
11.1
7.2
36
37
38
39
40
20
21
22
23
24
Private doa. nonfin. sectors
Households
Nonfarn noncorp, business
Corporate business
State * local governaents
25
26
Foreign
U.S. Governnent
27
26
29
30
Financial institutions
Sponsored credit agencies
Hortgage pools
Federal reserve systen
31
32
33
34
35
36
37
38
39
40
7.2
378.7 19
20
21
22
23
24
41
42
43
44
45
Insurance sector
Life insurance cos.
Private pension funds
St.+loc.govt.rtr.funds
Other insurance cos.
25,927
10,981
5,651
6,856
2,439
23,258
10,064
5,093
6,774
1,327
23,625
10,535
4,084
7,230
1,776
21,409
11,827
2,556
5,689
1,337
27,129
14,651
4,019
5,786
2,673
25,987
11,989
4,438
7,947
1,613
23-7
12.3
2.3
5.7
3.4
29.8
12.9
5.6
6.7
4.6
40.6
16.9
7.0
9.3
7.3
49.7
23.7
3.6
9.8
12.5
69.0
27.5
12.2
11.9
17.5
41
42
43
44
45
46
47
48
49
50
51
Finance n. e. c.
Finance coapanies
Reits
Hutual funds
Honey aarket funds
Erokers and dealers
5,084
-1,509
—400
2,623
6,226
-1,856
11,387
4,077
-125
2,150
5,394
-109
21,234
175
-77
4,861
14,249
2,026
238
1,869
-73
3,065
-4,427
-196
-2,259 -1,323
5,520
644
-75
1,846
7,045
-7,075 -10,960
2,346
-2,873
18.9
11.4
5.6
1.3
.6
5.7
4.9
.2
.7
.8
-.8
♦
2.6
-4.8
.5
.7
1.0
11-4
11.7
-3.8
-.2
.6
3.)
23.6
22.5
-2.4
3.9
-. 1
-.3
46
47
48
49
50
51
(I) Excludes corporate eguities.
Total Liabilities and Their Belation to Total Financial Assets
Het flows through credit narkets (froa
1
preceding table)
83,449 119,586 138,816 138,427 101,814 167,536
Other financial sources:
2
Official foreign exchange
689
911
1,653
683
533
363
3
354
471
Treasury curr. and SOB ctfs.
337
495
133
112
239.8
229.3
211.6
283.8
378.7
1
-. 1
.4
1.3
.4
.8
.9
2.5
1.2
.1
.3
2
3
28,899 57,274
-10,392 34,206
108,570 43,065
-26,296 -15,680
-48,410 -6,831
7,693
1,752
-2,266
762
112.0
16.3
39.2
39.1
16.2
1.2
87.5
6.9
37.7
2.4
41. 1
-.4,
-.2
113.3
18.6
98.0
1.3
-8.9
3.5
.8
147.7
24.8
121.6
•
-13.9
13.6
1.7
165.6 4
30.4 5
94.6 6
.2 7
28.3 8
10.9 9
1.3 10
3,828
29,758
7.6
25.4
6.7
29.6
8.7
34.9
8.4
44.0
11.5 11
55.9 12
1,488
1,679 -12,036
16,379 22,567 17,830
3,455
9,551
-93
78 -8,397 -5,100
274
1,104 -4,414
-3,955 -4,968 -10,557
10,060 14,962 18,534
-.2
10.2
-7.9
42.8
2.5
-12.8
33.7
.2
5.7
-4.8
35.2
1.2
-17.9
32.5
-11.1
10.6
3.7
12.4
-2.7
-14.5
37.4
-8.9
10.6
12.7
19.3
8.0
-21.8
51.8
-1. 1
6.5
2.2
28. 1
-.6
-23.9
45.0
130,726 194,582 277,425 271,120 176,759 280,298
453.3
406.8
406.0
559.5
668.4 20
1.5 21
1.8 22
-10.2 23
4
5
6
7
8
9
10
Deposits at financial insts. 25,540
Checkable deposits
-23,599
Snail tiae + savings dep.
32,390
Honey aarket fund shares
9,561
Large tiae deposits
1,320
Security RP’s
4,016
Foreign deposits
1,852
47,366
5,624
15,261
10,124
12,304
2,442
1,611
84,039 64,521
24,529 29,951
23,739 67,131
22,025 —17,013
5,979 -16,253
244
9,148
-1,381
461
11
12
Life insurance reserves
Pension fund reserves
3,477
25,375
3,645
33,988
13
14
15
16
17
18
19
Interbank claias
3,117 -6,944 -10,030
Corporate equities
4,667
7,168
7,156
Security credit
-9,280
2,257
3,969
Trade debt
-10,020 -6,867
4,715
Profit taxes payable
-5,288 -12,576
1,379
Noncorp, proprietors’ eguity -5,902 -11,064 -3,001
Hiscellaneous
21,454 25,556 11,915
3,289
18,657
20 Total financial sources
21
22
23
24
25
26
27
28
29
- Floats not incl. in assets
Deaand dep.: U.s. Govt.
Other
Trade credit
- Liabilities not allocated
as assets
Treasury currency
Interbank claias
Security RP’s
Profit taxes payable
Hiscellaneous
Totals allocated to sectors
as assets
11/83 BASED OH PRELIMINARY
3,704
28,254
3,756
28,356
-204
312
14,386 -8,727
12,927 -13.140
1,698
-114
-5,212
.3
-.4
2.1
*
.4
-.4
.1
1.6
3.0
-.8
.6
-4.4
112
984
1,212
872
-5,261
133
-628
462
1,129
-1,692
♦
.6
.9
.2
-3.3
-.1
2.5
.3
.7
.7
*
-3.8
4.6
-1.0
5.5
-.2
-.9
9.3
.2
4.7
141,546 187,260 287,653 252,987 200,395 284,522
452.8
402.6
395.8
550.9
-77
-7,532
-12,670
1,674
-546
-2,674
850
5,016
-152
1,275
2,470
40
3,500
2
628
4,698
-1,158
-5,688
-1,018
66
95
639
6,529
1,371
3,277
-1,645 -1,039
-8,685 -11,948
AND INCOHPLETE INFOBHATION
—.3
-5.4
5.5
-1.0
8.6
13
14
15
16
17
18
19
24
25
26
27
28
667.9 29
AOGOST 31, 1983
Total Claias
Total Claias
Total financial Assets and Liabilities
51
SEASOBALLT ADJUSTED ANNUAL BATES
SBASONALL1 ADJUSTED ANNUAL BATES
1978
1979
1980
1981
1982
|
1
1982
II
1
III
IV
|
1
1983
X
II
Total Bet Borroving and Lending in Credit Harkets (1)
Total net borroving
in credit aarkets
1
478.2
488.7
433.7
489.8
480.3
417.1
501.7
493.4
510.8
515.9
673. 1
2
3
4
5
6
7
8
9
369.8
53.7
316.2
169.4
14.6
32.4
80.6
19.1
386.0
37.4
348.6
176.4
21.4
34.4
96.0
20.5
343.2
79.2
264.0
117.5
14.4
33.7
78. 1
20.3
377.2
87.4
289.8
120.6
16.3
39.6
103.7
9.7
395.3
161.3
234.1
86.3
9.0
29.8
72.7
36.3
331.8
95.6
236.2
75. 1
7.6
31.5
103.9
18. 1
381.8
118.3
263.6
100.0
10.5
37.8
74.8
40.5
442.7
206.5
236.1
78.4
10.8
26.5
90.0
30.4
427.0
224.4
202.5
93.7
7.3
23.3
22.0
56.2
418.7
196.1
222.6
125.7
.9
29.2
37.9
28.9
591.1
264.2
326.9
183.6
-2. 1
40.0
38.5
66.8
Donestic nonfinan. sectors
U.S. Governaent
Private donestic
Households
Tara business
Bonfarn noncorp. bus.
Corporate business
Statealocal governnents
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
33.8
74.6
23.5
13.6
.2
7.2
13.5
18.1
-1.4
20.2
82.5
24.8
23.1
.2
6.5
12.6
16.6
-1.3
27.2
63.3
25.6
19.2
.2
6.9
7.4
6.3
-2.2
27.2
85.4
32.4
15.0
-.1
8.3
15.5
14. 1
.2
15.7
69.3
15.3
49.5
.6
1.9
-3.0
4.9
.1
11.6
73.7
19.7
34.5
-. 1
6.6
13.8
-.8
.1
13.9
105.9
29.0
39.4
.4
12.7
4.4
19.9
-1
11.9
38.9
12.6
53.4
.8
-15.7
-18.3
6.1
.1
25.3
58.5
a
70.8
1.4
4.0
-12.1
-5.6
.1
15.8
81.4
1.5
74.6
1.1
5.6
-11.0
9.6
.1
19.6
62.4
-6.5
65.0
.9
6.6
-9.3
5.5
.1
Foreign borr. in U.S.
Financial sectors
Sponsored credit agencies
Hortgage pools
Coaaercial banks
Bank affiliates
Savings and loan assns.
Finance coapanies
Seits
10
11
12
13
14
15
16
17
18
19
478.2
488.7
433.7
489.8
480.3
417. 1
501.7
493.4
510.8
515.9
673.1
20
21
22
23
24
73.6
61.3
1.4
-2.3
13.2
118.9
89.9
1.8
5.7
21.5
74.4
59. 1
.4
-4.2
19.1
87.2
73.9
2-6
2.7
7.9
99.7
57.4
1.7
13.7
26.8
32.5
37.7
-3.3
-.9
-1. 1
125-0
56.3
9.1
24.2
35.4
89.0
55.7
.6
11.4
21.3
155.8
83.2
.5
20.3
51.8
42.5
-1.3
3.4
21.3
19.1
177.4
93.4
4.5
5.8
73.7
25
26
38.0
17.1
-4.6
19.0
23.2
23.7
16.0
24. 1
17.6
16.7
13.7
11.8
48.6
16.6
13.2
22.5
-5.0
15.7
32.0
6.0
32.5
11.7
27
28
29
30
349-5
26.7
13.6
7.0
355.4
30.0
23-1
7.7
312.4
26.4
19.2
4.5
362.6
33.2
15.0
9.2
346.3
15.8
49.5
9.8
359.2
23.9
34.5
-3. 1
311.6
27.3
39.4
3.3
368.7
.5
53.4
26.8
344.3
11.4
70.8
12.2
435.4
-2.9
74.6
1. 1
31
32
33
34
35
129.0
110. 1
-1.0
19.6
.2
123.1
108.7
-. 1
14-5
*
101. 1
83.5
-.1
17.0
.5
103.6
96.9
.1
7.7
-1.1
108.5
107.6
.1
.3
•6
130.4
136.4
a
-6. 1
.1
89.1
83.2
1.0
4. 1
.8
87. 1
84.7
-1.0
2.6
.9
127.1
125.6
.4
.8
.4
36
37
38
39
40
173.3
72.8
56.7
8.8
7.3
171.6
56.7
49.4
4.4
2.8
161.2
54.9
46.6
5.9
2.4
201.7
27.2
22.6
.9
3.7
162.7
30.6
19.4
.6
10.6
173.5
39.7
27.7
1.8
10.2
152.6
19.3
13.6
-4. 1
9.8
200.9
14.1
3.6
.4
10.0
41
42
43
44
45
75-0
33.1
8.3
17.0
16.5
66.4
33.4
8.8
10.8
13.4
74.4
32.8
10.8
20.9
9.9
79.3
34.7
12.8
22.5
9.4
94.2
43.4
17.4
26.5
6.9
93.9
37.8
20.4
27.4
8.2
97.0
40.2
21.2
27.1
8.5
46
47
48
49
50
51
25.5
24.0
-1. 1
.8
3.2
-1.3
48.5
27.1
-1.0
1.9
19.8
.6
32.0
13.8
-.7
4.8
14.9
-.7
95.2
26. 1
-1. 1
5.3
62.5
2.4
37.9
4.6
-.7
12.7
21.4
-.1
39.9
5.7
-1.6
10.5
24.9
.4
36.3
9.4
-.5
8.6
21.6
-2.7
Total net lending
in credit aarkets
1
19
Private don. nonfin. sectors
Households
Nonfara noncorp, business
Corporate business
State ♦ local governnents
20
21
22
23
24
Foreign
U.S. Governaent
25
26
451.5
1.8
65.0
24.4
Financial institutions
Sponsored credit agencies
Hortgage pools
Federal reserve systea
27
28
29
30
130.9
126.5
•2
3.5
.8
150.8
154.0
-.9
-2.6
.3
Coaaercial banking
Coaaercial banks
Bank affiliates
Foreign banking offices
Banks in O.S. poss.
31
32
33
34
35
122.7
47.9
31.6
4.2
12.1
231.6
118.5
85.9
15.2
17.4
209.5
118.2
93.6
3.7
21.0
Private nonbank finance
Savings institutions
Savings ♦ loan assns.
Hutual savings banks
Credit unions
36
37
38
39
40
91.2
42.0
14.8
28.9
5.6
94.8
53.7
13.2
22.8
5.2
97.6
51.7
13.9
23.1
8.9
107.9
47.9
18.3
31.8
9.9
Insurance sector
Life insurance cos.
Private pension funds
St.vloc.govt.rtr.funds
Other insurance cos.
41
42
43
44
45
95.5
10.3
-.3
19.4
57.0
9.1
-20.0
-6.9
-.3
12.3
-17.7
-7.3
15.5
18.7
28.2
-28.3
-3. 1
-16.6
13.0
-.3
7.4
-43.8
7.1
Finance n.e.c.
Finance coapanies
Reits
Hutual funds
Honey aarket funds
Brokers and dealers
46
47
48
49
50
51
(1) Excludes corporate equities.
Total Liabilities and Their Relation to Total Financial Assets
Het flows through credit aarkets (fron
673.1
preceding table)
515.9
Other financial sources:
2.7
2. 1
Official foreign exchange
.4
.5
Treasury curr. and SDR ctfs.
1
478.2
488.7
433.7
489.8
480.3
417. 1
501.7
493.4
510.8
2
3
.5
.5
«
1.6
8.1
1.3
3.3
1.2
3.6
1.7
2.8
1.4
3.6
1.3
1.5
1.9
6.6
2.0
4
5
6
7
8
9
10
184.0
32.6
65.5
6.9
54.5
22. 1
2.4
181.3
35.9
61.0
34.4
27.8
16. 1
6.1
216.1
16.0
86.7
29.2
61.0
20.4
2.8
275.0
28.3
47.5
107.5
61.8
17.5
12.6
221.5
36.5
138.5
24.7
3.4
15-9
2.5
218-4
33. 1
102.5
38.2
23.4
13-7
7.4
193.1
-1.9
90.3
40.5
48.7
9.0
6.4
339.6
74.5
129.0
88.1
13.4
40.3
-5-5
133.4
39.7
231.9
-68.1
-72.2
.3
1.8
238.6
88. 1
407.3
-105.2
-171.2
28.6
-9.1
241.0
121.7
206.2
-62.7
-34.9
7.7
3.0
Deposits at financial insts. 4
Checkable deposits
5
Snail tiae * savings dep.
6
Honey aarket fund shares
7
Large tiae deposits
8
Security RP’s
9
Foreign deposits
10
11
12
12.0
61.8
12.5
55.6
11.5
78.2
10. 1
91.7
14. 1
106.3
13.2
91.2
13.9
106.6
14.6
105.0
14.8
122.4
15.0
130.9
15.3
124.3
Life insurance reserves
Pension fund reserves
13
14
15
16
17
18
19
16.0
1.9
1.2
59.0
5.2
-23.3
71.8
22.7
-3.8
2.1
61.5
2.8
-28.8
91.8
-29.5
22.2
12.5
48.4
-3. 1
-40.8
63.4
-15.8
-3.7
.9
33.7
-8.4
-26.9
101. 1
-12.2
35.4
6.5
-12.1
-16.2
-23.9
69.0
-1.9
15.6
-21.5
-18.8
-27.3
-28.6
68.5
-40.1
31.8
4.4
-1.6
-10.7
-22.1
92.8
-45.0
30.0
17.9
-6.5
-11.1
-25.7
46.6
38.3
64.0
25.2
-21.4
-15.8
-23.2
67.9
-65.7
86.5
16.4
-5.1
-1.8
-15.8
45.7
-9. 1
75.1
9.2
7.0
22.7
-24.6
64.7
Interbank claias
13
Corporate eguities
14
Security credit
15
Trade debt
16
Profit taxes payable
17
Noncorp, proprietors* equity 18
Hiscellaneous
19
20
868.9
888.0
822.0
952.2
873.9
730. 1
874.8
962.2
925.1
963.8
1201.4 Total financial sources
21
22
23
V
-.5
-4.2
.3
-.1
-14.5
-.5
2.3
-10.1
.2
4. 1
4.6
.2
.6
-3.4
1.7
.6
-6.5
-2. 1
-1.3
-1.9
.9
1.6
-1. 1
.4
1.6
-4.2
4.2
.2
-1.9
-4.5
2.2
-12.0
24
25
26
27
28
V
.8
11.4
1-5
6.6
-. 1
-1.7
3.5
1.8
14.9
-.2
-3.4
8.9
.6
-11.8
-.2
-2.4
-3. 1
-1.0
-.5
1. 1
15.7
4.5
-.8
-13.5
3.4
12.6
1.0
-.9
-2.4
.2
10.7
-.7
-1.3
18.3
.3
27.0
8.5
.1
-47.4
.4
12.4
9.3
-1.0
-22.4
.4
-4. 1
6.3
-2.0
-29.7
.5
-5.5
2.7
.8
-8.9
29
853.3
884.0
836. 1
950.6
869.4
720.7
852.9
972.3
928.6
990.3
1226.2
BILLIONS OF DOLLABS.
11/83 BASED ON INCOMPLETE INFORHATION.
- Floats not incl. in assets
Deaand dep.: D.S. Govt.
Other
Trade credit
- Liabilities not allocated
as assets
Treasury currency
Interbank claias
Security RP’s
Profit taxes payable
Hiscellaneous
Totals allocated to sectors
as assets
1
2
3
11
12
20
21
22
23
24
25
26
27
28
29
AUGUST 31, 1983
Saving by Individuals
52
UNADJUSTED MET FLOWS(I HILL)
Saving by Individuals
inount and Coaposition of Individuals" Saving (1)
UNADJUSTED MET FLOWS(S HILL)
I
II
1982
III
IV
I
1
1983
I
BILLIONS OF DOLLABS
II
1973
1974
1975
1976
1977
1 Increase in financial assets
Checkable deposits and curr.
2
Tiae and savings deposits
3
4
Honey aarket fund shares
79,563
-4,342
28,267
9,561
71,059 110,093 104,458 99,443 99,184
-403 12,459 15,331
5,948 12,982
21,077 17,445 53,753 67,795 43,712
10,124 22,025 -17,013 -26,296 -15,680
148.5
14.1
63.6
-
147.3
7.4
55.7
2.4
174.3
6.9
83.4
1.3
210.5
15.7
107.5
♦
235.4
20. 1
107.5
.2
1
2
3
4
Securities
U.S. savings bonds
Other U.S. Treasury secur.
U.S. Govt, agency secur.
State ♦ local obligations
17,304
-695
24,705
-3,387
2,280
3,769
-53
-9,981
2,637
12,904
11,663
147
7,110
1,452
7,065
12,865
757
9,767
-2,652
7,632
16,627
475
9,899
-1,809
4,207
20,100
876
-4,057
4,017
16,817
29.5
2.7
14.4
1.8
5.3
34.5
3.0
12.4
4.6
8.3
25.6
4.0
15.8
-1.0
6.2
15.7
4.7
2.1
2.9
2-0
21.3
4.7
9.2
5.7
-1.5
5
6
7
8
9
-5,933
144
4,299
-4,109
-8,098
4,785
2,259
-684
3,083
-8,344
6,222
-5,072
1,505
-4,755
5,822
-5,211
-2,222
1,688
11,650
-7,261
-261
2,211
7,587
-7,090
1.9
9.1
-.2
-5.5
5. 1
1.7
.9
-1.6
8.9
-4.4
-.3
-3.5
11.8
-3. 1
-2.4
-2.2
-3.2
9.8
.9
-4. 4
10
11
12
13
3,135
6,292
5,816
6,703
6,827
3,454
8,050
6,448
10,900
7,640
3,638
8,563
6,894
18,538
8,868
3,687
9,833
7,417
11,021
7,564
3,744
10,455
8,843
9,070
3,257
3,814
8,529
7,696
13,547
4,484
7.4
5.5
8.3
11.8
8.3
6.6
6.4
10.7
12.6
11.1
8.5
8. 1
11.8
15.1
13.6
8.2
15.3
11.2
17.7
19.2
11.3
14.9
18.7
22.5
18.9
14
15
16
17
18
19 Gross inv. in tangible assets
Owner-occupied hoaes
20
Other fixed assets (2)
21
Consuaer durables
22
Inventories (2)
23
96,577 106,157 102,771 112,837 105,111 120,531
21,349 15, 078 17,991 22,612 25,120 20,687
22,437 28,089 25,908 23,682 22,634 27,935
53,826 62,581 58,961 69,091 58,390 71,960
409
-89 -2,548 -1,033
-51
-1,035
227. 1
48. 1
51.0
123.3
4.7
210.8
44.9
46.2
121.5
-1.8
222.3
45.6
42.0
132.2
2.4
262.6
60.6
46.2
156.8
-1.0
320.8
81.8
57.7
178.2
3.1
19
20
21
22
23
24 Capital consuaption allowances
Owner-occupied hones
25
Other fixed assets (2)
26
27
Consuaer durables
85,049
12,423
21,651
50,975
86,149
12,474
22,155
51,520
87,875
12,749
22,553
52,573
89,957
13,247
22,577
54,133
91,866
13,678
22,654
55,534
93,240
14,041
22,424
56,775
129.1
17. 1
29.0
82.9
146.5
19.7
33.7
93. 1
166.6
22.2
38.7
105.7
183.2
24.5
41.8
116.9
203.7
28.6
46.5
128.6
24
25
26
27
28 Met inv. in tangible assets
Owner-occupied hoaes
29
Other fixed assets (2)
30
31
Consuaer durables
Inventories (2)
32
11,528
8,926
786
2,851
-1,035
20,008
2,604
5,934
11,061
409
14,896
5,242
3,355
6,388
-89
22,880
9,365
1,105
14,958
-2,548
13,245
11,442
-20
2,856
-1,033
27,291
6,646
5,511
15,185
-51
98.1
31.0
22.0
40.4
4.7
64.2
25.2
12.5
28.4
-1.8
55.7
23.5
3.3
26.5
2.4
79.4
36. 1
4.4
40.0
-1.0
117.1
53.2
11-2
49.6
3.1
28
29
30
31
32
33 Met increase in debt
Htg. debt on nonfara hoaes
34
Other aortgage debt (2)
35
36
Consuaer credit
Security credit
37
Policy loans
38
39
Other debt (2)
13,679
16,863
5,203
-5,964
-3,197
1,303
-529
40,459
7,592
11,070
7,644
1,246
1,344
11,563
33,297
15,054
5,607
6,339
830
1,045
4,422
40,197
16,267
5,557
10,290
4,376
533
3,174
27,530
25,389
4,707
-2,651
2,333
566
-2,814
61,408
21,930
14,700
12,835
373
363
11,207
114.6
46.5
32. 1
24.3
-4.3
2.2
13.8
83.3
38.0
25.6
9.9
-1.8
2.7
8.9
77.0
40.6
18.1
9.6
.7
1.6
6.5
124.7
61.4
21.3
25.4
».8
1.4
10.4
183.0
90.8
32.0
40.2
1.3
1.7
16.9
33
34
35
36
37
38
39
40 Individuals* saving (1*28-33)
77,412
50,608
91,692
87,141
85,158
65,067
132.0
128.3
153.0
165.1
169.5 40
5
6
7
8
9
10
11
12
13
14
15
16
17
18
Corporate ♦ foreign bonds
Open-aarket paper
Hutual fund shares
Other corporate eguities
Private life insurance res.
Private insured pension res.
Private noninsured pen. res.
Govt, insurance ♦ pen. res.
Hiscellaneous finan. assets
(1) Coabined statenent for households, fara business,
and nonfara noncorporate business.
(2) Includes corporate faras.
11/83 BASED OH PBELIHIMABI AHD INCOMPLETE INFOBHATIOM
AUGUST 31, 1983
Saving by Individuals
Saving by Individuals
Amount and Conposition of Individuals* Saving (1)
53
SEASONALLI ADJUSTED AHNUAL BATES
SEASONALLI ADJUSTED AHBUAL BATES
1978
1979
1980
1981
1982
1
2
3
4
275.3
22.5
100.3
6.9
293.6
22.0
78.5
34.4
323. 1
3.8
125.6
29.2
354.2
25.8
66.3
107.5
365.2
23.0
120.5
24.7
5
6
7
8
9
42.1
3.9
18.0
7.6
4. 1
54.7
-.8
26.0
20.5
10.4
37.0
-7.3
28.9
11.0
7.0
19.2
-4.3
38.2
14.8
9.4
10
11
12
13
-1.8
15.4
-.1
-5.0
5.7
8.2
.1
-15.3
.6
-3.2
5.2
-5. 1
14
15
16
17
18
11.7
18.3
15.9
27.9
29.6
12.3
17.5
14.0
24.4
35-8
19
20
21
22
23
375.6
99.2
73.2
200.2
3.0
24
25
26
27
1
1
1982
1
1
1983
II
III
IV
316.2
25.9
113.3
38.2
347.1
.7
97.9
40.5
389.6
19.9
87.0
88.1
409.9
45.2
183.3
-68. 1
408.5
69.2
275.0
-105.2
45.6
.2
31.6
-2.0
29.9
11.5
-.3
43.9
-4.1
14. 5
46.9
-2
14.8
7.5
41.6
38.0
V
16.5
-5.7
27. 1
84.8
.7
50.2
-5.5
36.3
10.0
4.7
-17.4
5.5
22.2
104.2
3.9
36.1
10.7
56.1
-8.9
1.7
6.8
-38.5
-9.4
-8.2
18.6
-15.1
-22.2
-11.6
14.2
-22.7
-30.3
.9
12.2
♦
10.9
-11.2
26.2
-25.8
3.8
-10.9
21.8
-11.8
-6.5
-6.2
42.8
-35.0
1.8
-12.7
34.1
-25.8
11.4
20.6
22.3
35.3
37.9
9.9
28.6
22.4
41.0
33.6
13.9
32.7
26.6
47.2
30.9
12.5
25.2
21.2
45.4
22.9
13.8
32.2
26.4
48.0
40.6
14.6
34.3
27.9
42.8
37.0
14.7
39.3
30.8
52.3
27.6
15.0
41.8
32.8
56.4
13.5
15.3
34. 1
31.2
59.0
19.8
408.1
110.9
78.5
213.4
5.3
386.7
96.7
82.0
214.7
-6.6
438.4
96.6
96.9
236. 1
8.8
418.3
77.0
100.1
244.5
-3.3
412.3
78.0
97.6
239.4
-2.8
421.6
78.4
100.3
242.9
.1
414.4
75.2
98.8
243.4
-3.0
425.1
80.4
99.9
252.1
-7.3
444.5
87.2
101.2
258.5
-2.3
477.0 Gross inv. in tangible assets
Owner-occupied hoses
102.2
98.9
Other fixed assets (2)
278.0
Consuner durables
-2.1
Inventories (2)
19
20
21
22
23
230.0
33.5
52-9
143.5
261.4
39.1
61.3
160.9
298.0
44. 1
72.0
182.0
325.5
48.3
80.8
196.4
34 9.0
50.9
88.9
209.2
340.2
49.7
86.6
203.9
344.6
49.9
88.6
206. 1
351.5
51.0
90.2
210.3
359.8
53.0
90.3
216.5
367.5
54.7
90.6
222. 1
373.0 Capital consuaption allowances
Owner-occupied hones
56.2
89.7
Other fixed assets (2)
227.1
Consnner durables
24
25
26
27
28
29
30
31
32
145.7
65.7
20.3
56.7
3.0
146.7
71.8
17.2
52.5
5.3
88.7
52.6
10.0
32.8
-6.6
112.8
48.3
16.0
39.7
8.8
69.3
26.1
11.2
35.3
-3.3
72. 1
28.3
10.9
35.5
-2.8
77.0
28.5
11.7
36.9
.1
62.9
24.2
8.6
33. 1
-3.0
65.2
27.4
9.6
35.5
-7.3
77. 1
32.5
10.6
36.4
-2.3
104.0 Net inv. in tangible assets
46.0
Owner-occupied hones
Other fixed assets (2)
9.2
50.9
Consuner durables
-2. 1
Inventories (2)
28
29
30
31
32
33
34
35
36
37
38
39
224.9
111.5
34.6
48.8
1.2
2.6
26.2
237.4
121.2
40.9
45.4
1.0
4.7
24. 1
175.8
98.3
34.8
4.9
6.5
6.7
24.7
180.3
78.8
37.2
24. 1
-1.6
7.4
34.5
127.6
55.8
27.4
18.3
3.3
4.2
18.6
101.3
64.9
30.9
2.6
-12.8
5.2
10.4
151.6
47.6
31.1
35.9
5.0
5.4
26.6
117.8
55.0
21. 1
11.1
3.3
4.2
23.1
142.0
57.7
26.5
23.6
17.5
2.1
14.5
167.3
96.7
29.0
28. 1
9.3
2.3
1.9
226.3 Net increase in debt
106.0
Htg. debt on nonfarn hones
Other nortgage debt (2)
44.6
Consuaer credit
49.5
1.5
Security credit
Policy loans
1-5
Other
debt (2)
23.2
33
34
35
36
37
38
39
40
41
42
196.0
27.9
56.7
202.9
24.4
52.5
236. 1
35.3
32.8
286.7
41.0
39.7
306.9
47.2
35.3
287.0
45.4
35.5
272.5
48.0
36.9
334.7
42.8
33.1
333.1
52.3
35.5
318.3
56-4
36.4
40
41
42
43
44
45
.7
.2
110.5
.9
.1
124.9
1.8
-.5
166.7
2.7
-.4
203.7
2.4
*
222. 1
3.6
♦
202.5
2.2
V
185. is
1.5
-. 1
257.3
2.1
.1
243.1
2.1
-. 1
223.5
321.8 Individuals* saving (1♦28-33)
59.0 - Govt, insurance ♦ pen. res.
50.9 - Net investnent in cons. dur.
- Capital gains dividends
froa nutual funds
2.4
. 1 - Net saving by fara corps.
209.3 = Personal saving, F/F basis
I
1
46
89.4
96.7
110.2
135.3
125.4
130.8
127.1
123.0
120-8
121.7
47
21.2
28.2
56.5
68.4
96.7
71.7
58.4
134.3
122-3
101.7
II
444.0 Increase ia financial assets
56.5
Checkable deposits and carr.
Tiae and savings deposits
186.7
-62.7
Roney aarket fund shares
1
2
3
4
Securities
U.S. savings bonds
Other U.S. Treasury secur.
U.S. Govt, agency secur.
State ♦ local obligations
5
6
7
8
9
Corporate ♦ foreign bonds
Open-aarket paper
Hutual fund shares
Other corporate eguities
Private life insaraace res.
Private insured pension res.
Private noninsured pen. res.
Govt, insurance ♦ pen. res.
Hiscellaneous finan. assets
92.3 Personal saving, NIPA basis
117.0 Difference
(1) Conbined statenent for households, fam business,
and nonfarn noncorporate business.
(2) Includes corporate fams.
BILLIONS OF DOLLABS.
11/83 BASED OB INCOHPLETE INFOBHATION.
10
11
12
13
14
15
16
17
18
43
44
45
46
47
AUGUST 31, 1983
Discrepaacies
Discrepancies
54
Discrepancies - Saanary for Sectors aad Traasactioas
UNADJUSTED NET F1O8S($ Hill)
UNADJUSTED 1ST FLOWS(J HILL)
1982
X
II
III
17
J
1
1983
I
II
1973
BILLIONS OF DOLLABS
1974
1975
1976
1977
Sector Discrepancies
1 Total, all sectors
2
Households
3
Nonfin. corporate business
4
State and local governaents
5
U.S. Governaent
6
Foreign
-11,294
5,512 -14,052 23,780 -22,945 -4,586
-34,241 -16,373 -30,383 -15,663 -42,542 -30,943
6,940 10,584
12,409
9,793 12,413 23,066
5,533
2,050
1,649 -5,174
3,512
5,150
989
5,075
6,151
4,388 -2,992
1,789
6,237
9,114
4,427 16,393 13,850
3,853
-.3
•4
.4
-1.8
.2
4.9
-.7
-2.4
4.7
-16.8
6.0
6.8
2.7
5.7
3.5
-24.6
9.2
8.3
4.8
9.6
.5
2.6
1.3
-2.0
-.9
-19.1
16.5
5.3
5.8
-2.9
1
2
3
4
5
6
7
8
9
10
Financial sectors
Sponsored credit agencies
Honetary authority
Coaaercial banks
-254
54
-899
1,628
37
-1,705
-4,309
120
-3,359
-1,974
625
-1,693
-4,188
-172
-2,681
-1,542
-107
•
-3,194
-3.1
•2
-4.1
.1
.1
-3.2
.3
.3
.1
-3.8
.3
-1.4
-6.5 7
.4 8
9
-6. 1 10
11
12
13
14
15
16
Private noabank finance
Savings and loan assns.
Hutual savings banks
life insurance
Other insurance
Finance n.e.c.
591
433
39
99
-264
284
3,296
231
-232
12
930
2,355
-1,070
662
50
-274
-198
-1,310
-906
118
-78
879
99
-1,924
-1,335
453
-312
-288
-353
-835
1,759
371
-551
1,005
934
.8
.2
-.1
-.4
.1
1.0
3.2
•1
.1
.5
1.1
1.4
-.1
*
-.1
-.4
-.9
1.2
-2.6
-.2
-.2
.2
-2.8
.3
-.8
-.5
-.3
1.5
-1.5
*
11
12
13
14
15
16
-.3
.4
-.1
2.5
.3
4.7
-3.8
4.6
3.5
-.2
-.9
9.3
-.9
-.3
-5.4
5.5
1
2
3
4
5
6
Transaction Discrepaacies
1 Total, all types
2
3
4
5
6
7
8
9
10
11
12
Treasury currency
Interbank claias
Security RP’s
Desand deposit nail floats:
O.S. Governaent
Other
Trade credit
Profit taxes payable
Hiscellaneous
Nonfinancial
Nonfinancial coaponents:
NIPA discrepancy (neg.)
Pvt. wage accr. lessdish.
-11,294
850
5,016
-152
5,512 -14,052
66
40
6,529
3,500
2
1,371
-77
-7,532
1,674
-546
-12,670
1,275
2,470
-474
'2,674
628
4,698
1,810
474
1,810
-4,586
133
-628
462
4
*6
.9
4
312
-8,727
1,698
-114
.3
4
-.4
.4
.1
1.6
-.8
.6
1.5
1.8
-1,018 12,927 -13,140
-1,645 -1,039
872
-8,685 -11,948 -5,261
5,647
-3,824
691
-5,212
1,129
-1,692
-362
2.1
•2
>3.3
-.7
-.4
.7
.7
-3.7
3.0
-1.0
5.5
-5.5
-4.4
.2
4.7
-5.1
-10.2 7
-1.0 8
8.6 9
-1.3 10
362
•8
3.7
-
5.5
-
5.1
-
1.3 11
- 12
-1,158
-5,688
3,824
11/83 BASED ON PRELIHINARI AND INCOHPLETE INFORHATION
23,780 -22,945
95
112
639
984
3,277
1,212
-204
14,386
-5,647
-691
4
AUG6ST 31, 1983
Discrepancies
Discrepancies
Discrepancies - suaaary foe Sectors aad Transactions
55
SBASORALLT ADJUSTED ARROAL BATES
SBASOVALL! ADJUSTED ARMUAL BATES
1979
1978
1980
1981
1982
|
1
1982
II
I
III
IT
I
1
1983
I
II
Sector Discrepancies
I
2
3
4
5
6
1
2
3
4
5
6
18.1
—21.2
23.8
7.4
3.9
11.5
5.5
-28.2
-1.0
11.9
6.0
27.5
-16.4
-56.5
13.1
8.8
-.4
24.8
6.5
-68.4
41.6
3.0
10.3
25.9
3.9
-96.7
57.7
5.1
4.2
38.5
16. 1
-71.7
70.8
5.0
3.4
8.4
20.2
-58.4
50.5
4.5
7.7
14.9
-12.7
-134.3
56.9
5.0
2.5
69.2
-7.7
-122.3
52.5
6. 1
3.2
61.6
-25.3
-101.7
49.3
6.1
18.5
16.4
7
8
9
10
-7.4
.5
-8.0
-10.6
.6
-9.4
-6.2
1.1
-9.7
-5.8
1.0
-9.3
-4.9
.8
-7.7
.3
.1
.9
1.0
-6.2
-12.1
.7
•
-10.3
-8.8
1.5
-10.7
-13.9
•4
*
-10.5
-13.5
-1.0
*
-12.2
financial sectors
Sponsored credit agencies
Honetary authority
Coaaercial bants
7
8
9
10
11
12
13
14
15
16
.2
-.2
-. 1
1.6
-.7
-.4
-1.9
-.3
*
-.7
1.1
-2.0
2.4
.7
-.2
.5
4.2
-2.7
2.6
1.2
.2
2.6
1.8
-3.2
1.9
1.4
-.2
.7
3.6
1-0
1. 1
.5
.8
-2.5
2.7
-.3
.2
•8
-5.8
.4
1.3
-.6
.7
-6
-1.5
-3.9
1.0
-.2
-1.1
•4
-3.9
-.4
.6
6.1
.8
-1.0
1.7
.5
4.1
Private nonbank fiaance
Savings and loan assns.
Hntnal savings bants
Life insurance
Other inssraace
finance n.e.c.
11
12
13
14
15
16
-19.5 Total, all types
Treasury currency
.5
Interbant claias
-5.5
2.7
Security RP»s
Deaand deposit nail floats:
O.S. Governaent
-4.5
Other
2.2
1
2
3
4
-.6
♦
-3.4
.3
-19.5 Total, all sectors
Households
-117.0
Ronfin. corporate business
54.5
State and local governaents
6.0
O.S. Governaent
13.6
36.9
foreign
1.4
-.1
-.4
.6
-1.8
Transaction Discrepancies
1
2
3
4
18.1
*
.8
11.4
5.5
-. 1
-1.7
3.5
-16.4
-.2
-3.4
8.9
6.5
-.2
-2.4
-3. 1
3.9
1.1
15.7
4.5
16. 1
3.4
12.6
1.0
20.2
.2
10.7
-.7
-12.7
•3
27.0
8.5
-7.7
•4
12.4
9.3
-25.3
.4
-4. 1
6.3
5
6
♦
-.5
-3
-.1
-.5
2.3
.2
4. 1
.2
.6
1.7
.6
-2.1
-1.3
.9
1-6
•4
1.6
4.2
.2
7
8
9
10
-4.2
1.5
6.6
2.5
-14.5
1.8
14.9
1.5
-10.1
.6
-11.8
-2.3
4.6
-1.0
-.5
4.9
-3.4
-.8
-13.5
-.5
-6.5
-.9
-2.4
6.6
-1.9
-1.3
18.3
-1.7
-1.1
.1
-47.4
-2.5
-4.2
-1.0
-22.4
-4.2
-1.9
-2.0
-29.7
1.2
-12.0
.8
-8.9
5.3
-2.5
-1.5
2.3
-4.9
.5
-6.6
-
1.7
-
2.5
-
4.2
-
-1.2
-
-5.3
-
12
BILLIOVS Of DOLLABS.
11/83 BASBD OR IVCOHPLBTE INFOBHATION.
Trade credit
Profit taxes payable
Hiscellaneous
Ronfinancial
Nonfinancial coaponents:
RIPA discrepancy (neg.)
Pvt. vage accr. less disb.
5
6
7
8
9
10
11
12
AOGOST 31, 1983
Funds Raised in Credit Markets
Funds Raised in Credit Markets
Sunnary of Met Funds Raised in Credit aad Equity Markets
$6
REVISIOMS FROM HAT, SAAB
1979
1978
REVISIONS FROM MAT, SAAR
1980
1981
1982
I
J
1982
I
III
II
IV
|
|
1983
I
II
Met Credit Market Borroving by Nonfinancial Sectors
1
1.3
-2.8
-11.8
-13.9
-17.4
2
3
4
-16.2
-1.9
-20.9
-28.6
-38.7
-4. 1
-4.1
17.6
17.6
-9.0
-9.0
-4.8
-4.8
7.0
7.0
5
1.3
-2.8
-11.8
-13.9
-17.4
-12.1
-19.5
-11.9
-23.8
-45.7
6
7
8
9
10
11
12
13
1.0
1.0
*
.1
-. 1
*
-4.8
.5
-5.2
1
-. 1
-12. 1
-5.6
-6.5
*
«
-16.6
-11.0
-1.8
-3.8
-2.7
-.3
-.7
-. 1
-16.0
-9.0
-6.7
-.3
-2.2
-. 1
1.9
*
-15.9
-7.4
-3.0
-5.5
-4.8
-. 1
-.7
.1
-18.9
-14.6
-2.2
-2.0
-.9
*
-2.1
.9
-3.8
-2.7
-8.8
7.7
-1.0
-.2
9. 1
-.1
-23.3
-11.3
-12.8
.8
.2
*
1.5
-.9
-35.8
-23.7
-7.2
-4.9
-.3
-1.8
-4.5
1.7
14
15
16
17
18
.3
2.0
.2
2.0
1.3
-1.0
-. 1
2.7
-1.2
3.6
.3
-1.4
3.9
-3.0
-.5
-1.8
3.8
-2.8
4.2
-2.7
5. 1
-.6
12.5
-18.7
7.0
-1.3
-8.1
5.2
-6.2
-1.0
-6.0
-.5
.7
8.7
-5.2
-4.8
-9.9
.3
-9.7
-1.7
1.5
-13.9
-12.7
.1
-1.4
-. 1
-.9
-.4
-17.4
-9.4
-2.3
-5.7
*
5.1
-10.8
-12.1
-8.3
-6.9
3. 1
2.0
3.4
-2.3
-19.5
-15.2
6.0
-10.3
-.9
1.0
-10.3
-11.9
-3.0
-2.3
-6.6
-2.0
14.3
-19.0
-23.8
-11.2
-3.6
-8.9
.8
1.7
-11.4
-45.7
-23.5
.2
-22.4
1.6
3.3
-27.3
-. 1
♦
-5.0
.1
-4.8
-4.4
.4
-4.6
3.6
.3
3.4
13. 1
-.9
17. 1
-.3
-.2
-. 1
7.2
*
6.4
*
.8
-3. 1
-21. 1
-6.3
-17.3
-21.4
-25.6
19
20
21
22
23
24
25
.1
1.2
-2.8
.3
-. 1
-3.0
-11.8
-7.0
♦
-4.9
♦
1.2
-3.0
-. 1
-4.7
1.3
*
26
27
28
29
30
31
1.3
-2.8
*
-. 1
.3
.2
.1
*
.1
-11.8
-14.0
-17.0
Total net borroving by donestic
nonfinancial sectors
1
O.S. Governnent
Treasury issues
Agency issues * nortgages
2
3
4
Private donestic
nonfinancial sectors
5
Debt capital instrunents
Tax-exenpt obligations
Corporate bonds
Mortgages
Hone nortgages
Multi-fanily resid.
Connercial
Farn
6
7
8
9
10
11
12
13
Other debt instrunents
Consuner credit
Bank loans n.e.c.
Open-narket paper
Other
14
15
16
17
18
By borroving sector:
State+local governnents
Households
Nonfinancial business
Farn
Nonfarn noncorporate
Corporate
19
20
21
22
23
24
25
Fgn. net borroving in U.S.
Bonds
Bank loans n.e.c.
Open-narket paper
U.S. Governnent loaas
26
27
28
29
30
Total donestic plus foreign
31
Net Credit Market Borrowing by Financial Sectors
Total net borroving
by financial sectors
1
-.4
1.8
2.0
4.7
.4
5.2
-12.5
-4.3
13.4
11.9
2
3
4
5
.4
.6
1.2
2.3
1.9
-3.6
-5.8
2.3
8.6
9.0
-.4
15.4
13.6
1.7
.6
1.2
8.9
9.0
-1.7
1.6
-4.8
-4.7
-.1
.4
2.3
.4
*
1.9
U.S. Governaent-related
Sponsored credit ag. sec.
Mortgage pool securities
Loans froa U.S. 6overnnent
6
7
8
9
10
11
-.8
1.2
.8
2.4
-1.8
-3.7
.7
-7.7
3.5
-.7
-2.0
4.8
-2.2
-3.5
1.6
*
-.2
-4.5
3.5
-.7
3.0
-7.5
-6.0
-.7
.4
4.6
2.0
2.9
2. 1
-9.6
5.2
-.7
Private financial sectors
Corporate bonds
Hortgages
Bank loans n.e.c.
Open-narket paper
Fed. Hoae Loan Bank loans
12
13
14
-.4
.4
1.8
.6
2.0
1.2
4.7
2.3
*
.4
2.3
5.2
10.6
-1.7
-12.5
-4.7
-.1
-4.3
-5.8
2.3
13.4
9.0
-.4
11.9
13.6
1.7
Total, by sector
Sponsored credit agencies
Mortgage pools
12
13
14
15
16
17
18
19
20
-.8
1.2
.8
2.4
-1.8
-3.7
-7.7
-.7
4.8
-3.5
.7
-.8
1.2
.8
2.4
-1.4
-.4
-7. 1
3.4
-8.0
.3
6.4
-7. 1
3.0
1.8
-4.7
.5
Private financial sectors
Connercial banks
Bank affiliates
Savings and loan assns.
Finance conpanies
Reits
15
16
17
18
19
20
.4
1
2
3
4
5
6
7
8
9
10
11
Total Net Credit Market Borrowing, All Sectors, by Type
1
2
3
4
5
6
7
8
9
•8
-1.0
-9.8
1.0
-.8
.5
-5.2
1.1
-5.6
-6.5
.8
.3
2.0
.4
.6
1.3
-1.0
1.1
-9.2
.4
-11.0
-1.8
-1.4
-16.6
1.9
-9.0
-6.5
-1.9
-16.0
3.2
-7.4
-2. 1
-8.3
-18.8
12.8
-14.6
1.6
-2.8
-21.6
-12.6
-2.7
-10.6
4.6
-8.0
3.8
-11.3
-15.0
.8
-13.7
22.4
-23.7
-6.5
-4.9
-1.2
3.6
3.9
-3.0
-.6
-1.3
-2.8
-5. 1
.8
5.7
12.5
-20.3
-.5
-7.5
5.2
-3.5
-.6
-1.5
.7
17.1
-2.3
-1.9
-2.2
3.4
-2.3
-10.6
18.0
-7.7
-5.6
6.5
-19.9
-.4
-13.2
-1.3
2.1
10
11
12
1.3
-2.8
-11.8
-13.9
-17.4
Total net borroving
U.S. Governaent securities
State ♦ local obligations
Corporate ♦ foreign bonds
Mortgages
Consuner credit
Bank loans n.e.c.
Open-narket paper
Other loans
1
2
3
4
5
6
7
8
9
-22.7
Meno: U.S. Govt, cash balance 10
.2
Totals net of changes in U.S. Govt, cash balances:
Net borroving by don. nonfin. 11
-16.0
-28.7
By U.S. Governnent
12
29.7
-5.0
External Corporate Equity Funds Raised in 0. S. Markets
1
2
3
4
5
BILLIONS OF DOLLARS.
V
-.8
-.8
*
.8
-1.0
1.8
-1.1
-2.4
1.3
1.6
-.2
1.8
1.3
-.9
2.2
1.5
-.6
2. 1
.6
-1.5
2. 1
«
V
1.8
1-3
1.8
2.2
2. 1
2. 1
. 1
QUARTERLT DATA ARE SEASONALLY ADJUSTED ANNUAL RATES.
Total net share issues
Mutual funds
All other
Nonfinancial corporations
Financial corporations
Foreign shares
purchased in O.S.
1
2
3
4
5
6
AOGOST 31, 1983
Credit aarket Supply of road*
credit Barket Supply of Funds
57
Direct aad Iadirect Soareas of Funds to Credit Barkets
BEV1SIOBS FBOB HAT, SAAB
REVISIONS FBOB BAT, SAAB
1983
1978
1
1.3
1979
-2.8
1980
-11.8
1981
-13.9
1982
-17.4
1
I
-16.2
II
-1.9
III
-20.9
IV
-28.6
I
I
II
Total funds advanced in credit narkets
-38.7
to don. nonfinan. sectors
1
By Federal agencies and foreign
•6
1.1
1.5
4
«
15.5
12.9
2.3
-.7
1.0
15.9
22.2
-.9
-6.0
.7
-34.7
-33.9
-1.3
4.6
-4.0
-3.0
-.7
15.5
1.5
7.9
2.1
3.9
15.9
-1.1
-3.7
10.7
10.0
-34.7
-3.4
-6.7
-11.6
-12.9
-3.0
-8.1
9.7
-1.1
-3.5
2.3
.3
8.9
-5.0
-4.8
-4.4
-3.6
3.6
8.6
7.2
-13.2
1.7
-9.0
-5.8
-2.2
2.2
-27.7
-9.7
-7.4
-2.2
-7.2
-1.9
-.7
-27.0
-9.4
-14.6
-1.0
13.8
21.4
-2.7
-6.8
.1
6.4
4.6
-9.8
3.8
-11.3
— 13.3
.4
12.7
2.1
-1.6
.2
2
3
4
5
6
.4
.4
.6
1.1
1.5
-1.8
7
8
9
10
11
.4
.6
.4
.6
1.1
«
1. 1
1.5
-. 1
2.2
-1.6
-2.7
1.8
-.6
12
13
.4
.6
1.2
•
2.3
-. 1
14
15
16
17
18
19
20
1.3
-2.8
-11.7
1.0
.1
.2
.5
-5.2
-.1
2.0
-5.6
-6.5
*
.3
-13.2
.5
-11.0
-1.3
-3.0
1.7
-.2
2.1
-5.0
13.5
22.5
2.9
-.7
-11.2
Total net advances, by type
O.S. Governaent securities
Besidential aortgages
FHLB advances to svl's
Other loans and securities
13.5
By type of lender:
-10.8
O.S. Governaent
11.9
Spons. credit ag.*ntg. pools
2.9
Bonetary authority
9.6
Foreign
Agency and foreign borrowing not in line 1:
15.4
Spons. credit ag.vntg. pools
13.1
Foreign
2
3
8
5
6
7
8
9
10
11
12
13
Private doaestic funds advanced
-8.1
-6.0
-23.7
-.1
-23.7
-4.9
-5.0
9.2
-.7
Total net advances
U.S. Governnent securities
State and local obligations
Corporate and foreign bonds
Besidential nortgages
Other nortgages and loans
Less: FHLB advances
14
15
16
17
18
19
20
Private financial internediation
2.2
4.2
.1
2.6
3.5
-1.9
8.8
.7
6.6
5.6
-4.1
-12.1
-18.2
-6.5
11.5
1.1
.3
-7.3
6.0
5.0
-3.4
31.0
14.0
16.4
8.9
-8.2
14.3
14.1
9.1
-2.8
-6. 1
-13.7
-44.0
8.0
20.5
1.7
Credit aarket funds advanced
by private financial lasts.
Connercial banking
Savings institutions
Insurance and pension funds
Other finance
4.3
.8
.8
4.2
.5
2.4
8.8
3.0
-1.8
-12.1
-8.8
-3.7
.3
13.4
-7.7
31.0
7.9
-.7
14.3
-1.6
4.8
-13.7
-2.4
-3.5
Sources of funds
26
Private doaestic dep. * RP*s 27
Credit narket borrowing
28
1.7
2.0
2.7
1.3
1.2
• 1
7.6
.9
.1
-.3
1.4
2.4
-1.3
7.8
-1.1
.4
3.2
-10.7
11.8
-3.9
-5.4
-26.9
16.8
4.3
.4
23.8
19.8
-2.3
12.2
-5.8
11.1
7.5
-4.0
3.0
4.6
-7.9
22.0
-22.3
20.4
-27.9
29
Other sources
Foreign funds
30
Treasury balances
31
Insurance and pension res. 32
Other, net
33
1.1
-4.0
-15.2
1. 1
.5
-4.5
•
♦
-5.6
-8.7
-1.0
-15.0
-3.0
-10.7
-1. 1
.2
—.4
-23.7
-12.5
-10.4
-1.1
•4
-.2
-19.3
-8.2
-5.5
-6.6
4.9
-4.0
-35.0
-24.3
-19.4
7.3
-7.1
8.4
-18.0
-18.7
-7.7
2.1
5.5
.8
-19.3
.4
-8.9
-7.3
-1.9
-1.6
-13.5
-6.4
-4.8
-12.8
5.8
4.6
Direct lending in cr. narkets
U.S. Governnent securities
State and local obligations
Corporate and foreign bonds
Open-aarket paper
Other
34
35
36
37
38
39
40
41
42
-.1
-.5
.8
.7
2.9
-.1
-.5
.8
-. 1
-4.0
-4.8
2.9
-13.6
14.9
2.2
8.6
11.6
-1.1
-5.3
-11.0
-3.9
-6.3
10.9
3.6
-10.4
Deposits and currency
Currency
Checkable deposits
40
41
42
43
44
2.2
-1.8
3.5
.6
14.3
*
6.6
28.1
39.7
1.6
-17.7
-1-7
4.0
*
45
46
47
-2.2
1.8
-3.5
48
1.0
-4.5
49
50
51
31.6
-48.7
.3
-21.0
-86.3
2.0
21
22
23
24
25
-.6
.3
-.8
2.4
2.0
1.1
-.1
-.7
26
27
28
-.6
-. 1
-.8
2.4
-.5
1.2
29
30
31
32
33
.3
.3
34
35
36
37
38
39
4.3
1.3
.8
21
22
23
24
25
Private donestic nonfinancial investors
Snail tine ♦ svgs. deposits
Honey narket fund shares
43
44
Large tiae deposits
Security RP’s
Foreign deposits
45
46
47
.1
-7.3
-1.8
-23.3
-28.2
24.0
.2
-.1
1. 1
-.6
4.8
-5.5
10.5
-6.4
9.6
-14.5
-14.2
-20.8
-24. 1
-20.1
-6.3
-30.4
-2.7
Total of credit akt. instru
nents, deposits, and currency 48
-9.6
-36.8
1.3
-10.8
-31.9
-.5
9.5
-66.6
.2
-73.1
43.7
7.2
-253.0
-1.0
-16.9
200.0
225.0
6.8
14.0
-145.7
3.9
-52.8
57.8
31.5
Public holdings as % of total 49
Pvt. finan. internediation (X) 50
51
Total foreign funds
Corporate Eguities Vot Included Above
BILLIONS OF DOLLABS.
.1
.1
*
-.8
-.8
•
.8
-1.0
1.8
-1. 1
-2.4
1.3
1.6
—.2
1.8
1.3
-.9
2.2
1.5
-.6
2.1
.6
-1.5
2.1
2.2
■2. 1
-.8
-. 1
-3.5
4.3
-2-3
1.3
-1.2
2.8
-12.8
14.0
2.4
-.8
14.8
-14.3
QUARTKBLT DATA ABB SEASOBALLT ADJUSTED ANNUAL BATES.
Total net issues
Butual fund shares
Other eguities
1
2
3
Acg. by financial institutions
Other net purchases
4
5
AOGOST 31, 1983
BOUSeholdS
Households
Sector Statements of Saving aad InTestaent
58
REVISIONS PBOH BAT, SAAB
1978
1979
REVISIONS PBOH BAI, SAAB
1980
1981
1982
1
|
1982
I
II
III
17
1
1
1983
I
II
Households, Personal Trusts, and Nonprofit Organisations
1
2
4.9
.1
19. 1
.7
8.7
4.9
17.5
6.7
10.5
3.0
-1.2
5.4
8.0
4.4
9.5
.8
3
4
5
6
7
8
4.8
.8
4.0
18.5
13.4
5. 1
3.5
3.8
20.6
-16.8
3.9
.3
1.5
-3.4
10.8
19.1
-8.3
10.6
-.6
-. 1
7.5
24.7
-17.2
4.8
.3
-.8
-6.6
22.3
-29.0
-1.6
.3
-2.3
3.5
16.1
-12.6
1.7
a
-10.4
8.7
18.9
-10.2
18.3
-1.2
-11.5
9
10
II
4.3
.1
4.4
10. 1
.1
10.2
-16.3
5.6
-10.7
1.5
1.4
2.9
-13.0
2.7
-10.3
-32.5
5.6
-26.9
-21.3
12.8
-8.6
-4.5
15.5
11.0
- Bet saving
a Capital consuaption
= Gross saving
9
10
11
12
13
14
15
16
Personal incoae
- Personal taxes and nontaxes
*
=
♦
♦
a
Disposable personal incoae
Personal outlays
Personal saving, NIA basis
Credits froa govt, insurance
Capital gains dividends
Net durables in consunption
1
2
3
4
5
6
7
8
12
13
14
15
16
-4.6
1.8
1.8
-5.2
3.9
3.9
-13.7
4.6
3.9
.4
.3
4.2
6.5
4.4
1.6
.5
2.3
1-2
-1.8
1.8
1.2
-1.5
3.3
.8
1.6
.9
-21.0
1.8
-1.6
2.2
1.2
16.9
1.1
-3.3
3.1
1.4
14.5
-.1
-1.7
.2
1.4
45.7
1.0
-1-6
1.2
1.4
Gross investnent
Capital expend, net of sales
Residential construction
Consuaer durable goods
Nonprofit plant and equip.
17
18
-6.4
-6.4
-9.1
-7.0
-18.4
-20.2
-2.3
-3.9
1. 1
2.6
-4.8
-9.4
-22.8
-11.8
15.8
18.6
14.6
13.7
44.7
45.1
let financial investnent
17
Net acg. of financial assets 18
Dep. a cr. akt. instr. (1)
19
1.0
-4.5
-13.3
.3
-11.3
-15.2
-31.9
2.7
1.4
15.6
20
21
22
23
24
-.1
1
2.2
-2.2
-.5
-.5
-1.8
1.8
-2.7
-2.7
3.5
-3.5
.7
a
.6
. 1
5.0
-2.0
14.3
-7.3
a
-15.8
-17.5
6.6
-4.8
19.6
13.4
28.1
-21.9
8.3
-11.8
39.7
-21.3
1.6
6.9
7.4
-17.7
18.9
-1.7
-32-9
-24.0
4.0
-12.8
a
Deposits
Checkable dep. a curr.
Saall tine a svgs.dep.
Large tine deposits
Roney aarket fund shrs
20
21
22
23
24
25
26
27
28
29
30
1.1
-4.0
1. 1
.5
-4.5
*
-10.6
4.2
-5.2
-8.7
-1.0
-.4
11.9
-11. 1
-1. 1
—.4
.2
-16.3
.1
-11.1
-1. 1
-.1
-4. 1
.7
16.3
-7.3
-6.6
-.2
-1.5
-51.6
-21.8
-20.4
7.3
3.5
-20.2
-5.5
-11.6
-7.8
2. 1
1.8
10.0
-5.5
16.6
-8.7
-7.3
-1.2
-4.9
48.5
57.6
-6.7
-12.8
2.2
8.1
Credit nkt. instrunents
U.S. Govt, securities
St.alocal obligations
Corporate a fgn. bonds
Bortgages
Open-aarket paper
25
26
27
28
29
30
.1
-2.2
-.8
.8
-1.0
5.3
-2.4
2.8
-.2
3.8
-.9
14.6
-.6
-.2
-1.5
-13.7
Hutual fund shares
Other corporate equities
31
32
-.2
3.2
2.4
8.3
2.6
11.2
2.9
5.6
3. 1
8.1
1.0
8.5
2.9
31.0
Life insurance reserves
Pension fund reserves
33
34
Net inv. in noncorp. bus.
Security credit
Hiscellaneous assets
35
36
37
Net increase in liabilities
Credit narket instrunents
Hoae aortgages
Other aortgages
Installaent cons, credit
Other consuaer credit
Bank loans n.e.c.
Other loans
38
39
40
41
42
43
44
45
31
32
«
.1
.7
33
34
35
36
37
-7.2
-.1
-4.5
1.3
-5.9
1. 1
-2.9
-5.7
1.4
.7
-3.6
1.7
-5.8
-4.4
1.8
10.3
-4.1
1.9
-7.4
-3.4
1.7
4.4
-2.3
1.5
10.5
-1. 1
1.4
38
39
40
41
42
43
44
45
a
.1
.1
2.1
-.1
-.1
-1.9
a
a
.1
1.5
-2.3
-2.2
1.3
3. 1
.8
-3.4
-1.8
-4.6
-6.9
-2.8
.8
-.3
-2.5
-1.2
-.9
11.0
6.0
-1.5
1.2
7.9
4.6
-6.0
-. 1
2.8
-2.3
-2.0
1.5
4.2
1.0
-6.8
-. 1
-.9
-3.6
-.4
1.6
.6
.1
.4
-5.8
.4
.2
1.9
1.7
-. 1
-1.6
.1
-2.6
.2
-1.7
.5
3.5
.3
1.9
-5.3
46
47
48
-.1
2.2
-2.0
. 1
-1.7
a
5. 1
-.3
-1.0
3.3
-.2
-.7
6.4
—.4
-1.1
6.6
-.3
-1. 1
3.9
-.2
-1.0
1.1
-. 1
-.9
49
4.6
5.2
18.1
6.0
-13.0
4.4
10.7
-43.8
-23. 1
-34.8
Security credit
Trade debt
Hiscellaneous
Discrepancy
19
46
47
48
49
(1) Excludes corporate equities.
Heaoranda:
let physical investwent:
(A) Besidential constraction
Expenditures
Hobile hones
Other
- Capital consuaption
- Hone aortgages
» Excess net investnent
50
51
52
53
54
55
(B) Consuaer durables
Expenditures
- Capital consuaption
= Net investnent
56
57
58
a
3.9
4.4
«
4.4
a
-2.6
7. 1
-1.8
-.5
-1.4
.2
-2-2
.2
.8
-.4
1.2
-.4
-2.8
4.0
-1.6
-.4
-1.2
-.5
-1.5
.4
-3.3
-.5
-2.8
a
-2.0
-1.3
-1.7
-.5
-1.2
1.7
-.4
-3.0
-1.6
-.7
-.9
2.1
1.9
-5.6
56
57
58
.4
.1
.3
1.6
a
1.5
1.8
5.2
-3.4
1.6
1.7
-.1
2.2
3.0
-.8
3. 1
5.4
-2.3
.2
10.6
-10.4
1.2
12.7
-11.5
59
60
.3
-1.2
2.7
3.9
-7.3
-2.8
2.7
12.5
-13.3
5.2
-7.5
.7
-11.1
-11.5
- Consuaer credit
- Excess net investnent
59
60
61
62
63
64
.3
•
. 1
.2
.5
a
.2
.2
1.2
.2
1.3
-.3
.9
.1
.8
a
1.2
.1
1.2
-.1
1.4
.2
1.5
-.3
1.4
.5
1.6
-.7
1.4
.6
1.7
-1.0
(C) Nonprofit plant and equip.
Expenditures
- Capital consuaption
- Nonprofit mortgages
= Excess net investnent
61
62
63
64
2.8
83.2
3.5
27.4
56.2
-439.5
38.5
-76.9
28.3
-228.2
-452.2
438.4
55.7
-356. 6
8.2
-116.6
-81.5
344. 1
-165.9
42.3
14.5
-93.6
87.1
47.5
-14.6
-238.6
-36.2
29.8
-1.9
265.5
-17.9
-69.7
4.0
174.0
1.4
.8
50
51
52
53
54
55
1.8
3.9
1.8
3.9
3.9
.1
3.7
.1
1.7
-. 1
4.0
Per cent ratios:
65
66
9990.0
9990.0
9990.0
9990.0
Effective tax rate
Saving rate, NIA basis
65
66
Per cent of disposable incoae adj. (2):
67
9990.0
9990.0
92.1
46.3
-139.4
14. 1
68
69
70
71
9990.0
9990.0
9990.0
9990.0
9990.0
9990.0
9990.0
9990.0
96.8
-423.5
-39.2
.4
29.6
-17.7
-7. 1
.7
15.5
34.0
20.0
-29.3
15.9
-45. 1
-22.1
-33.5
4.8
22.0
7.7
72
BILLIONS Of DOLLARS.
Gross saving
67
Capital expenditures
Acquisition of finan. assets
Net increase in liabilities
Credit aarket borrowing
68
69
70
71
12.6
20.7
-7.8
25.9
5.2
(2) Disposable income adj.
72
(MIA disposable incoae ♦ govt, insurance credits ♦ capital gains divid.)
QUARTERLY DATA ARB SBASONALLI ADJUSTED ANNUAL RATES.
AOGUST 31. 1983
Nonfinancial Corporate Business
nonfinancial Corporate Business
Sector Statenents of Saving and Investnent
&
REVISIONS F1OH HAT, SAAB
1979
1978
EETISIORS FROH HAT, SAAB
1980
1981
1982
1
1
1982
I
II
III
IV
|
1
1983
II
I
Nonfinancial Corporate Business, Excluding Barns
1
2
3
4
-4.8
2.0
1.2
-8.1
-3.3
2.0
.7
-6.0
-1-2
2.0
-.7
-2.5
2.5
6.9
a
-4.3
5.6
6.6
-.7
—.4
-5.0
a
-.6
-4.4
-7.8
-5.4
-1.5
-.9
-11.3
-4.3
-1.4
-5.5
5
6
7
6
2.4
-2.0
-.2
-7.9
7.4
-3.6
a
-2.2
5.9
-3.6
4.2
4.0
6.2
-3.6
2.7
.9
5.4
-3.6
3.2
4.6
6.2
-3.6
3.4
1.7
5.9
-3.6
7.4
8.7
9
10
11
-.2
. 1
-8.0
.8
1.0
-.4
-.4
•8
4.4
1.1
-1. 1
.9
.4
.9
5.9
1.0
1.3
3.9
Profits before tax
- Profit tax accruals
- Donestic net dividends
» Donestic undist. profits
1
2
3
4
8.9
-4.7
-1.0
-2.2
*
♦
*
=
Capital consunption adj.
Depreciation charges, RIPA
Earnings rec. fron abroad
O.S. internal funds, book
5
6
7
8
-4.2
2.3
6.8
5. 1
-1.0
1.9
♦ Fgn. earnings ret. abroad
a Inv. valuation adjustaent
“ Total internal funds a IVA
9
10
11
12
13
14
15
16
17
18
19
12
13
14
15
16
17
18
19
-2.6
-.6
-.6
—.6
.2
—.4
-.4
-.4
-5.2
.7
-.6
-.6
a
•
1.3
-4.6
.7
4.8
4.8
a
a
-4.1
-5.3
-14.9
-16.4
-16.4
a
a
1.5
.3
.5
-6.8
-5.6
-1.2
a
7.3
21.9
-6.2
-14.1
-14.4
.4
a
7.9
-24.4
-28.0
-22.4
-23.0
.6
a
-5.6
-19.3
-26.1
-22.3
-22.8
.4
.1
-3.7
3.9
-35.5
-31.7
-30.4
-1.3
a
-3.8
Gross investnent
Capital expenditures (1)
Fixed investnent
Plant and equipaent
Hone construction
Hulti-fanily residential
Inventory change a iva
Hineral rts. fron O.S. Govt.
20
21
-2.1
.5
-5.9
1.5
-5.3
8.8
9.6
-5.5
-.2
-8.8
28.1
1.2
3.6
-8.2
6.8
-6.2
39.4
-10.8
Ret financial investnent
20
Net acg. of financial assets 21
1.4
3.5
-2.3
.1
4.5
.1
3.9
5.5
2.5
24.2
-3.8
-1.1
-6.9
1. 1
-4.5
-3.1
-2.5
3.1
.2
-.1
1.1
-.6
4.8
-5.5
8.2
4.2
3.7
.2
9.6
-11.6
16.7
-3.8
-1.2
-7.3
4.5
6.4
13.1
-4.5
3.0
-2.3
-.1
-6.4
-3.5
-1.5
.2
-1.7
-1.1
-9.3
-2.2
.2
.2
-.2
-29.6
6.7
2.8
3.2
-.4
.9
7.7
-9.8
-3.5
-3.5
a
.3
5.4
-8.8
-5.5
1.1
-6.6
-14.2
-4.8
-4.7
1.6
-6.4
-1.5
-1.1
22
23
24
25
26
-2.1
27
28
29
30
31
32
33
34
35
1.5
-1.4
*
*
36
37
38
-2.5
6.8
4.3
.4
-. 1
.5
-1.6
-1.8
-1.7
-1.8
-1.4
3.8
-.5
-1.3
5.5
-4.5
-1.5
1.7
39
40
41
2.1
1.2
-.5
-3.0
7.4
-4.7
14. 1
-.4
-15.1
-10.8
-8.5
-2.3
-26.9
-10.3
-11.8
-19.0
-13.1
-11.4
-50.3
-27.3
42
43
44
1.2
-3.0
.2
-5.2
-4.7
1.4
-6.5
-.4
1.7
-1.8
-10.8
.4
-6.7
-2.3
.9
-3.0
-10.3
.6
-2.2
-19.0
•3
-8.8
-11.4
-.1
-12.8
-27.3
-.2
-7.2
*
a
-.4
a
-.3
a
a
-.1
-1.0
-1.0
-. 1
.3
.3
a
.3
.5
-.2
.3
.3
a
-2.9
-1. 1
-1.8
45
46
47
48
1.0
-.1
-.1
Liquid assets
Deaand dep. and currency
Tine deposits
Security RP’s
Foreign deposits
22
23
24
25
26
O.S. Govt, securities
Statealocal obligations
Connercial paper
27
28
29
Consuaer credit
30
Trade credit
31
Hiscellaneous assets
32
Foreign dir. invest. (2) 33
Equity, etc.
34
Retained earnings
35
Insurance receivables
36
Equity in sponsored ags. 37
Other
38
Net increase in liabilities
Ret funds raised in nkts.
Ret nev equity issues
Debt instrunents
Tax-exenpt bonds (3)
Corporate bonds (2)
39
40
41
42
43
44
Hortgages
Hone nortgages
Hulti-fanily
Connercial
45
46
47
48
49
50
51
52
53
49
50
51
52
53
.3
2.0
1.3
-1.0
.1
-4.0
-.5
.1
-3.6
.4
3.8
-14.3
3.0
2.0
.3
-3.3
-4.2
1.6
-4.8
1.6
2.9
-4.0
.7
-14.2
-2.6
•4
-.7
Bank loans n.e.c.
Connercial paper
Acceptances
Finance conpany loans
0.S. Governnent loans
54
55
56
57
58
.9
2.5
4.9
7.2
.8
13. 1
.7
1.0
-.3
-5.3
1.0
2.2
-1.3
-1.8
-8.1
3.7
5.2
-1.6
-6.6
-10.5
.4
1.3
-.8
-5.7
12.0
.8
1.5
-.6
-7.2
6.7
-1.1
.9
-2.0
-4.0
-13.5
-5.5
-4.5
-1.0
Profit taxes payable
54
Trade debt
55
Fgn.direct invest, is O.S. 56
57
Equity, etc.
Retained earnings
58
59
2.6
4.2
9.7
.5
-16.0
28.3
26.1
-2.0
-.2
-2.8
60
61
-.9
-2.5
-5.7
-3.0
-6.2
1.2
-6.4
7.2
-1.2
8.9
-19.1
13.4
-4.3
6.0
-1.2
.6
-.7
-1.4
62
63
64
1.0
.3
1.1
-5.0
2.0
4.5
-5.1
.3
12.5
-.5
.1
13.9
-6.3
-4.5
-9.8
-3.1
.8
-9.1
-1.3
-9. 1
-26.1
-8.2
-10.7
-4.4
-12.5
1.1
.5
-10.3
-17.0
-34.5
65
66
67
9990.0
9990.0
-210.5
9990.0
9990.0
795.3
-41.8
-8.5
-701.8
-59.9
-157.3
-60. 1
-168.4
-342.6
72.1
275.4
60.3
-448.1
119.7
-105.3
167.0
.3
-717.3
67.7
1.3
.1
1. 1
-4. 1
1.0
-5.1
1.5
.8
.6
7.3
-1.1
8.4
7.9
.9
7.0
-5.6
1.3
-6.8
1.7
.9
-7.1
4.6
-29.3
1.7
.7
- 11.7
-30.9
68
69
70
71
72
-.6
-.4
.6
-7.9
-.3
-2.2
-15.8
4.0
73
-.6
-.4
8.4
1.9
-19.7
Discrepancy
Henorandun iteas:
Trade credit net of trade debt
Profits tax paynents
Debt subtotals:
Securities and nortgages
Loans and short-tern paper
Total short-tera liab. (4)
Per cent ratios:
Effective tax rate
Capital outlays/internal funds
Cr. nkt. borroving/cap. exp.
69.2
37.9
-383.8 -1907.1
43.9
76.8
-3.7
2.3
-6.0
-3.8
-1.0
-2.8
(1) Capital outlays on book basis:
Inventory change, NIPA
Less: Inv. val. adjustnent
Inventory change before IVA
-28.4
-34.5
8.7
-2.2
Financing gap:
-37.1
—32.4
Total cap. expend, before IVA
D.S. internal funds, book
Excess of capital expenditures
over O.S. internal funds
(2) Corporate bonds include net issues by Netherlands Antilles subsidiaries.
and O.S. foreign direct investnent is before subtracting reflovs of
capital froa Motherlands Antilles subsidiaries* foreign financing.
(3) Industrial revenue bonds. Issued by state and local governaents
to finance private investnent and secured in interest and
principal by the industrial user of the funds.
(9) Loans (except nortgages), short-tern paper, profit taxes payable, and
trade debt. Includes loans due in nore than one year and excludes
current naturities of securities and nortgages.
BILLIONS OF DOLLABS.
QDABTEBLT DATA ABE SEASONALLY ADJOSTED ANROAL BATES.
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
AOGOST 31, 1983
Total Claias
Total Claias
Total Financial Assets and Liabilities
60
RBVISIOHS FROH HAT, SAAR
REVISIONS FBOH HAT, SAAB
I
1978
1979
1980
1981
1982
|
1982
1
I
II
III
IV
|
1983
I
II
Total Net Borrowing and Lending in Credit Harkets (D
Total net borrowing
in credit narkets
1
.8
-1.0
-9.8
-9.2
-16.6
-16.0
-18.8
-21.6
-8.0
-13.7
2
3
4
5
6
7
8
9
1.3
-2.8
-11.8
-13.9
-17.4
1.3
.1
-2.8
-.1
-11.8
•
-3.0
.3
-. 1
-4.7
-7.0
-13.9
. 1
-. 1
-.9
-.4
-12.7
-17.4
-2.3
*
5. 1
-10.8
-9.4
-16.2
-4. 1
-12. 1
-6.9
2.0
3.4
-2.3
-8.3
-1.9
17.6
-19.5
6.0
-.9
1.0
-10.3
-15.2
-20.9
-9.0
-11.9
-2.3
-2.0
14.3
-19.0
-3.0
-28.6
-4.8
-23.8
-3.6
.8
1.7
-11.4
-11.2
-38.7
7.0
-45.7
.2
1.6
3.3
-27.3
-23.5
Doaestic nonfinan. sectors
U.S. Governaent
Private doaestic
Households
Fara business
Bonfara noncorp. bus.
Corporate business
State+local governaents
2
3
4
5
6
7
8
9
-.4
.4
1.8
.6
*
2.0
1.2
-. 1
4.7
2.3
*
.3
.4
2.3
-5.0
5.2
10.6
-1.7
-4.4
-12.5
-4.7
-.1
3.6
-4.3
-5-8
2.3
7.2
13.4
9.0
-.4
13. 1
11.9
13.6
1.7
.7
-.8
1.2
.8
2.4
-1.4
-.4
-7. 1
3.4
-8.0
.3
6.4
-7. 1
3.0
1.8
-4.7
.5
Foreign borr. in U.S.
Financial sectors
Sponsored credit agencies
Hortgage pools
Coaaercial banks
Bank affiliates
Savings and loan assns.
Finance coapanies
Reits
10
11
12
13
14
15
16
17
18
19
.8
-1.0
-9.8
-9.2
-16.6
-16.0
-18.8
-21.6
-8.0
-13.7
20
21
22
23
24
1.1
1. 1
-4.0
-4.0
-15.2
-10.6
-15.0
-.4
-23.7
-16.3
-2. 1
-2.5
-2.5
-12. 1
4.4
-11.9
-19.3
.7
-2.6
-6.3
-11.0
-35.0
-51.6
5. 1
29.5
-18.1
-18.0
-5.5
-1.9
-7.4
-3. 1
-19.3
-5.5
-.7
2.1
-15.2
-13.5
48.5
3.7
-9.5
-56.1
Private don. nonfin. sectors
Households
Honfara noncorp, business
Corporate business
State ♦ local governaents
20
21
22
23
24
*
-.6
-. 1
-.7
-2-7
3.9
1.5
10.0
-1.1
-12.9
-3.4
-3.5
-8. 1
9.6
-10.8
Foreign
U.S. Governaent
25
26
10
f1
12
13
14
15
16
17
18
*
1.2
25
26
Total net lending
in credit aarkets
1
19
27
28
29
30
—.2
.4
3.0
.6
5.4
1. 1
6.4
2.2
*
10.6
1.8
-2.1
9.6
-1.7
2. 1
7.2
-3.6
-.1
10.7
12.6
-9.0
2.3
-11.6
22.9
10.2
-.4
-1.1
1. 1
10.2
1.7
2.9
Financial institutions
Sponsored credit agencies
Hortgage pools
Federal reserve systen
27
28
29
30
31
32
33
34
35
.3
.3
2.0
2.0
1.3
1.3
. 1
.1
.7
*
-.4
1.1
-18.2
-19.9
-7.3
-3.6
1.7
-3.7
14.0
16.5
-1.8
-.7
14.1
6.7
.4
7.0
-44.0
-52.7
-.2
8.9
Coaaercial banking
Coaaercial banks
Bank affiliates
Foreign banking offices
Banks in U.S. poss.
31
32
33
34
35
36
37
38
39
40
-.9
-.8
-.2
-.6
4. 1
2.6
2.9
-.3
8.0
6.6
-1.1
-.3
8.0
6. 1
-6.5
-12.0
-1.3
6.9
7.6
6.0
-2.6
.1
8.5
17.0
16.4
7.5
.8
8. 1
.2
9.1
1.3
-.9
8.6
30.3
8.0
-9.9
1.9
16.0
Private nonbank finance
Savings institutions
Savings + loan assns.
Hutual savings banks
Credit unions
36
37
38
39
40
3.5
-1.3
-. 1
2.4
2.5
5.6
5.4
-3.0
3.9
-.6
11.5
5.1
-.6
5.9
1.0
5.0
4.9
-5.2
3.5
1.8
8.9
8.2
-2.4
5.4
-2.3
-2.8
3.3
-3.9
.8
-3.0
20.5
11.6
-1.0
9.8
.2
1. 1
2.6
-3.4
1.6
-8.2
-5.5
-6.1
1.3
1.7
3.4
-1.5
-5.0
-2.7
.2
*
-7.5
-.3
*
-1-4
.4
1.1
1.1
3.0
.8
.8
41
42
43
44
45
46
47
48
49
50
51
-.1
-.7
2.2
-1.9
-4.1
-.1
-.7
2.2
-1.9
-4.2
*
«
Insurance sector
Life insurance cos.
Private pension funds
St.+loc.govt.rtr.funds
Other insurance cos.
41
42
43
44
45
Finance n.e.c.
Finance conpanies
Reits
Hutual funds
Honey aarket funds
Brokers and dealers
46
47
48
49
50
51
(1) Excludes corporate eguities.
Total Liabilities and Their Relation to Total Financial Assets
1
.8
-1.0
-9.8
-16.0
-18.8
-21.6
-8.0
.6
3.2
.8
1. 1
-2.6
-24.2
-18.8
-2.6
31.9
33.5
21.7
.2
-2.6
.2
4.5
*
-7.3
.1
-.1
-2.9
-1.0
1. 1
-26.7
4.0
-.6
10.0
-7.1
36.2
1.6
-25.4
-.2
4.8
-29.4
-7.6
-37.7
-1.7
25.7
-2.6
-5.5
-29.9
-28.4
-16.0
*
9.9
-6.0
10.6
-.2
3.2
2.4
8.3
2.6
11.2
2.9
5.6
3.1
8.1
1.0
8.5
2.9
31.0
1.2
.8
1.5
-5.3
-3.4
.7
—.2
-12.8
-1.1
4.8
-13.4
-.2
-5.8
15.0
-22.8
1.6
4.5
-17.9
-3.9
10.3
4.0
16.8
1.3
-1.0
9.0
-3.9
-7.4
-32.6
23.7
1.5
-2. 1
1.3
-5.5
4.4
12.5
-1.3
.6
5.4
-21.2
-4.4
10.5
-25.7
-12.4
-36.6
-1.9
-17. 1
5.3
-44.7
2
3
4
5
6
7
8
9
10
.9
2.2
-1.8
3.5
-2.2
1.8
-3.5
11
12
13
14
15
16
17
18
19
20
21
22
23
.6
.1
.3
2.0
-.3
5.5
3.5
.6
1.3
. 1
-.9
8.2
-7.2
.5
-4.5
1.4
-5.9
3.5
. 1
-.8
-7.4
8.4
1.5
-2.9
-1.2
-.4
2.0
-3.6
-7.6
.6
♦
6.7
2.0
.6
-2.0
-.4
-1.4
2.2
-5.7
1.1
1.5
11.0
2.5
3.4
1.2
.2
-15.3
-8.2
-11.-7
11.3
-5.7
-. 1
-. 1
-7.3
.4
-.4
-. 1
-3.2
-2.8
-.6
.3
4.7
.4
2.3
.2
-7.4
-4.7
-2.2
.3
—22.5
8.6
-1.4
-1.1
12.3
-5.7
1.0
-1.1
-34.7
-2.3
-7.2
-33.5
-11.0
4.7
10.3
1.8
♦
5.5
Het flows through credit aarkets (froa
preceding table)
-13.7
Other financial sources:
1.0
Official foreign exchange
Treasury curr. and SDR ctfs.
-16.6
-9.2
24
25
26
27
28
1.0
3.2
a
-. 1
5.8
29
-6.8
-1.9
-15.8
BILLIONS OF DOLLARS.
♦
QUARTERLY DATA ARE SEASONALLY ADJUSTED ANNUAL RATBS.
1
2
3
Deposits at financial insts. 4
Checkable deposits
5
Saall tiae + savings dep.
6
Honey aarket fund shares
7
Large tiae deposits
8
Security RP’s
9
Foreign deposits
10
Life insurance reserves
Pension fund reserves
11
12
Interbank claias
13
Corporate eguities
14
Security credit
15
Trade debt
16
Profit taxes payable
17
Honcorp. proprietors’ eguity 18
Hiscellaneous
19
Total financial sources
- Floats not incl. in assets
Deaand dep.: U.S. Govt.
Other
Trade credit
- Liabilities not allocated
as assets
Treasury currency
Interbank clains
Security RP’s
Profit taxes payable
Hiscellaneous
Totals allocated to sectors
as assets
20
21
22
23
24
25
26
27
28
29
AUGUST 31, 1983
Credit Harket Debt
credit Harket Debt
Summary of Credit Market Debt Outstanding
6i
IEAB-EHD CUTSTAHDIHGS
1971
1972
IBAB-ERD OUTSTIHDIRGS
1973
1974
Credit Harket Debt Owed by Honfinanciai Sectors
Total credit narket debt owed by
4710.1 doaestic nonfinan. sectors
15&9.9
1730.9
1919. 1
2094.2
2288.8
2532.6
2854.1
3218.1
3604.2
3946.9
4323.8
2
3
4
325.7
317.3
8.5
34 0.8
331.5
9.3
349. 1
339.4
9.6
360.8
351.5
9.4
446.3
437.3
8.9
515.8
506.4
9.3
572.5
564. 1
8.4
626.2
619.2
7.0
663.6
658.0
5.6
742.8
737.8
5.0
830.1
825.6
4.5
991.4
987.7
3.7
5
6
7
8
9
10
11
12
13
1244.2
866.4
161.8
186. 1
518.5
322.6
68.3
95.4
32.2
1390.1
968.5
176.5
198.3
593.7
36 5. 1
81.0
111.8
35.8
1570. 1
1072.8
191.2
207.5
674. 1
410.8
91.4
130.7
41.3
1733.4
1173. 1
207.7
227. 1
738.3
447.9
98.3
145.8
46.3
1842.6
1275.8
223.8
254-3
797.7
490.0
98.9
157.9
50.9
2016.9
1399.4
239.5
277.2
882.8
553.8
102.7
169.6
56.6
2281.5
1572.3
262.9
300.0
1009.4
647.8
109.8
188.0
63.6
2591.9
1772.0
291.3
321.2
1159.6
759.9
119.1
209.7
70.8
2940.7
1985.0
321.6
338.5
1324.9
881.5
126.9
233.9
82.7
3204.1
2177.0
351.9
365. 1
1460.0
978.2
135.8
254.0
92.0
3493.7
2335.4
373.7
387.2
1574.5
1058.9
135.3
278.6
101.7
3718.7
2479.2
424.3
406.0
1648.9
1109.7
135.5
296.9
106.9
14
15
16
17
18
377.8
142.1
157.8
9.9
68.1
421.6
158.3
177.6
10.6
75.0
497.3
195.4
203.7
13. 1
85. 1
560.3
228.3
213.6
19.8
98.6
566.7
217.7
223.2
17.2
108.7
617.4
222.0
248.6
21.2
125.6
709.2
248.9
289. 1
24.3
146.9
819.9
284.5
337.9
25.4
172.1
955.6
333.9
383.4
36.5
201.8
1027.1
370.5
388.2
41.7
226.6
1158.3
425.0
412.4
60.9
260.0
1239.5
478.8
430.7
57.9
272.2
19
20
21
1244.2
166.9
526.2
1390. 1
181.4
591.0
1570. 1
193.7
670.5
1733.4
209.2
724.2
1842.6
222.9
776.1
2016.9
238.2
866.5
2281.5
253.6
1004.1
2591.9
272.7
1171.8
2940.7
293.2
1348.9
3204.1
313.6
1468.8
3493.7
323.2
1594.2
3718.7
359.6
1674.4
By borrowing sector:
State ♦ local governaents
Households
19
20
21
22
23
24
25
551. 1
51.4
119.6
380.1
617.8
57.2
148.0
412.5
705.9
66.9
177.7
461.3
800.0
74.7
197.8
527.4
843.5
83.2
211.9
548.5
912.2
93.4
227.3
591.5
1023.9
105.6
255.6
662.6
1147.3
120.3
286.0
741. 1
1298.5
141.6
320.4
836.5
1421.7
156.0
353.7
912.0
1576.3
172.3
393.2
1010.8
1684.8
181.3
417. t
1086.4
Ronfinancial business
farn
■onfara noncorporate
Corporate
22
23
24
25
26
27
28
29
30
54.8
15.0
5.9
4.3
29.6
60.6
16.0
9.7
3.2
31.7
67.0
17.0
12-5
4.2
33-4
79.8
19. 1
16.5
11.4
32.8
91.2
25.3
18.5
11.7
35.7
110.6
33.9
24. 1
13.6
39.0
123.9
38.9
27. 1
16. 1
41.8
161.9
43.1
46.4
26.6
45.7
182.5
47.0
48.7
37.8
49.0
209.6
47.8
60.2
48.0
53.6
237.1
53.3
,64. 1
61.9
57.9
226.7
59.9
29.4
74.9
62.4
foreign credit narket debt
held in U.S.
Bonds
Bank loans n.e.c.
Open-narket paper
U.S. Governaent loans
26
27
28
29
30
31
1624.7
1791.6
1986.2
2174.0
2380.0
2643.2
2978.0
3380.0
3786.7
4156.4
4560.9
U.S. Government
Treasury issues
Agency issues * mortgages
Private domestic
nonfinancial sectors
Debt capital instruaents
Tax-exempt obligations
Corporate bonds
Hortgages
Hone mortgages
Multi-family resid.
Commercial
farm
Other debt instruments
Bank loans n.e.c.
Consuner credit
Open-aarket paper
Other
4936.8 Total nonfinan.donestic ♦ fgn
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
31
Credit Harket Debt Owed by financial Sectors
Total credit narket debt owed
by financial sectors
1
1
129.2
148.2
194.0
232.6
239.9
261.1
307. 1
381.6
465.3
528.6
614.0
686.8
2
3
4
5
49.5
40.0
9.5
-
57.9
43.5
14.4
77.9
59.8
18.0
98.6
76.4
21.5
.7
108.9
78.8
28.5
1.6
123. 1
81.2
40.7
1.2
145.5
88.2
56.8
.5
182.6
111.3
70.4
.9
231.8
135.5
94.8
1.5
276.6
159.9
114.0
2.7
324.0
190.4
129.0
4.6
388.9
205.4
178.5
5.0
U.s. Government-related
Sponsored credit ag. sec.
Hortgage pool securities
loans from u.s. Governaent
2
3
4
5
6
7
8
9
10
11
79.7
25.9
.7
14.3
25.9
7.9
90.3
33.0
1.2
20.4
27.8
8.0
116.2
37.4
1.5
29.5
32.7
15. 1
134.0
40.5
1.6
33.6
36.5
21.8
131.0
43.7
2.0
29.9
37.5
17.8
138.0
53.6
2.4
26.4
39.7
15.9
161.5
63.7
2.4
26.0
49.2
20.2
199.1
71.2
2.5
28.8
63.9
32.7
233.5
79.0
2.6
28.3
81.8
41.8
252.0
86.1
2.4
27.9
86.6
49.0
290.0
85.3
1.9
30.1
107.6
65.2
298.0
87.5
2.0
33.3
109. 1
66.0
Private financial sectors
Corporate bonds
Hortgages
Bank loans n.e.c.
Open-aarket paper
Fed. Hoae loan Bank loans
6
7
8
9
10
11
12
13
14
129.2
40.0
9.5
148.2
43.5
14.4
194.0
59.8
18.0
232.6
77. 1
21.5
239.9
80.3
28.5
261. 1
82.4
40.7
307.1
88.7
56.8
381.6
112.2
70.4
465.3
137.0
94.8
528.6
162.6
114.0
614.0
195.0
129.0
686.8 Total, by sector
Sponsored credit agencies
210.4
Hortgage pools
178.5
12
13
14
15
16
17
18
19
20
79.7
3.0
4.2
14. 1
54.3
4. 1
90.3
4.1
6.8
9.5
61.1
8.8
116.2
4. 1
10.0
17.1
70.7
14.4
134.0
4.3
14.4
23.3
76.2
15.8
131.0
4.5
15.0
19.1
76.7
15.7
138.0
5.2
20.4
17.4
81.2
13.8
161.5
5.7
22.4
24.3
97.9
11.3
199.1
5.9
29.5
37.8
116.2
9.7
233.5
6. 1
36.0
50.3
132.7
8.4
252.0
6.3
42-9
57.8
138.9
6.2
290.0
6.2
51.2
73.4
152.9
6.4
298.0
6.8
53.3
70.4
161. 1
6.4
Private financial sectors
Coanercial banks
Bank affiliates
Savings and loan assns.
finance coapanies
Reits
15
16
17
18
19
20
Total Credit Harket Debt Outstanding, All Sectors, by Type
1
1753.9
1939.8
2180.2
2406.7
2619.9
2904.3
3285.0
3761.6
4252.0
4685.1
5175.0
5623.6 Total credit sarket debt
2
3
4
5
373.8
161.8
227.0
525-7
397.4
176.5
247.3
596.2
425-7
191.2
261.9
676.9
457.6
207.7
286.7
741. 1
552.5
223.8
323.4
800.8
636.7
239.5
364.6
886.2
716.7
262.9
402.6
1012.7
807.1
291.3
435.4
1162.9
893.2
321.6
464.4
1328.2
1016. 1
351-9
499.1
1463.0
1149.1
373.7
525.7
1576.9
1375.0
424.3
553.4
1651.3
6
7
8
9
157.8
162.2
40.0
105.6
177.6
188.5
41.6
114.7
203.7
237.3
50.0
133.7
213.6
278.4
67.6
153.9
223.2
266.1
66.4
163.8
248.6
272.5
74.6
181.6
289. 1
302.1
89.5
209.4
337.9
359.7
115.9
251.3
383.4
410.9
156.2
294. 1
388.2
458.6
176.3
331.9
412.4
519.2
230.3
387.7
430.7
541.S
24 1.9
405.6
1
U.S. Governaent secarities
State and local obligations
Corporate and foreign bonds
Hortgages
2
3
4
5
Consaaer credit
Bank loans n.e.c.
Open-aarket paper
Other loans
6
7
8
9
Heao:
10
11
12
13
28.7
197.0
55.4
1003.7
37.4
221.3
58.9
1138.1
29.5
264.2
46.6
901.4
24.7
211.J
35.2
641.7
28.5
223.6
43.0
849.5
41.1
243.0
46.5
1005.5
43.4
271. 1
45.4
950.0
44.6
332.1
45.8
982.5
46.7
393.5
51.2
1179.5
59.2
441.8
63.5
1572. 1
60.1
475.5
63.8
1504.5
Selected
66.6
463.4
89.5
1721. 8
claias not included above:
Security credit
Trade credit
Hutaal fund shares
Other corporate eguities
10
11
12
13
AUGUST 31, 1983
Credit Harket Supply of funds
credit Harket Supply of funds
Direct and Indirect Sources of Funds to Credit Harkets
62
I EAR-END OUTSTANDINGS
1
TEAR-BND OUTSTANDINGS
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1569.9
1730.9
1919.1
2094.2
2288.8
2532.6
2854. 1
3218.1
3604.2
3946.9
1981
1982
Total credit narket debt clains against
4323.8 4710.1
don. nonfinancial sectors
1
By Federal agencies and foreign
2
3
4
5
6
23 8.7
119.6
35.3
7.9
75.9
258.7
127.2
42.3
8.0
8 1.2
290.4
136.6
50.6
15. 1
88.0
339. 1
146.0
63.8
21.8
107.5
378.8
164.0
79.5
17.8
117.4
428.6
187. 1
91.8
15.9
133.9
508.2
221.9
11 1.8
20.2
154.3
610.5
258.0
137.5
32.7
182.3
687.3
251.7
174.6
41.8
219. 1
784.2
267.4
206.3
49.0
261.5
881.7
284.6
229.8
65.2
302. 1
7
8
9
10
11
23 8.7
59.9
54.5
71.1
53-2
258.7
62.4
63.4
71.3
61.6
290.4
65. 1
82.5
80.6
62.2
339. 1
72.3
106.7
86-7
73.4
37 8.8
85.8
118.2
95.3
79.5
428.6
93.8
135. 1
105. 1
94.7
508.2
103.6
158.0
112.2
134.3
610.5
120.6
198.3
119.2
172.4
687.3
140.0
252.6
126.9
167.8
784.2
163.6
298.2
131.4
191.0
12
13
49.5
54.8
57.9
60.6
77.9
67.0
98.6
79.8
108.9
91.2
123. 1
110.6
145.5
123.9
182.6
161.9
231.8
182.5
276.6
209.6
991. 1 By type of lender:
881.7
187.7
U.S. Governnent
204.5
411.7
346.4
Govt.-related ag. and pools
140.5
Honetary authority
150.3
207.0
224.6
Foreign
Agency and foreign debt not in line 1:
324.0
388.9
Spons. credit ag.+ntg. pools
237.1
226.7
Foreign
14
15
16
17
18
19
20
1435.6
254.3
161.8
198. 1
357.1
472.2
7.9
1590.8
270-2
176.5
21 1.3
405.2
535.6
8.0
1773.7
239.0
191.2
221.3
452.9
634.4
15.1
1933.5
311.6
207.7
242.3
483.6
710.2
21.8
2 110. 1
388.5
223.8
275. 1
510.4
730- 1
17.8
2337.7
449.6
239.5
305.6
565.7
793.0
15.9
2615.3
494.7
262.9
329.7
646.8
901.3
20.2
2952.1
549.1
291.3
353.1
742-3
1049. 1
32.7
3331.2
641.5
321.6
371.6
834.5
1203.9
41.8
3648.8
748.6
351.9
390.9
908.2
1298. 1
49.0
99 1. 1 Total held
U.S. Governnent securities
302.5
290.8
Residential nortgages
FHLB advances to s*l’s
66.0
331.7
Other loans and securities
2
3
4
5
6
7
8
9
10
11
12
13
Private donestic holdings
4003.3
864.5
373.7
410.3
964.9
1455.0
65.2
4334.6 Total private holdings
1072.4
U.s. Governaent securities
424.3
State and local obligations
425.7
Corporate * foreign bonds
Residential nortgages
954.6
1523.6
Other nortgages and loans
66.0
Less: FHLB advances
14
15
16
17
18
19
20
Private financial internediation
Credit, narket clains held by
private finan. institutions
Connercial banking
Savings institutions
Insurance and pension funds
Other finance
21
22
23
24
25
1180.0
497.8
293.6
305.3
83.3
1321.7
568.3
333.6
322.2
97.6
1486.9
652.9
371.6
345.9
116.5
1614.3
720.0
396.4
375.7
122.2
1737.2
749.4
447-4
416.3
124. 1
1926.5
809.2
515.8
466.0
135.5
2185.8
897.0
594.3
535.0
159.6
2488.0
1025.9
667.1
610.0
185.1
2780.5
1146.8
723.8
676.4
233.5
3042.7
1247.8
773.7
750.7
265.5
3347.0
1351.4
805.8
829.1
360.7
3579.3
1431.5
823.6
923.3
400.9
26
27
28
1180.0
708.4
79.7
1321.7
809.1
90-3
1486.9
906.3
116.2
1614.3
973.9
134. 0
1737.2
1068. 1
131.0
1926.5
1192.6
138.0
2185.8
1330.8
161.5
2488.0
1471.7
199.1
2780.5
1612.4
233.5
3042.7
1785.5
252.0
3347.0
1997.2
290.0
3579.3 Sources of funds
26
2163.4
Private donestic dep. ♦ RP’s 27
298.0
Credit narket debt
28
29
30
31
32
33
391.9
19.3
10.2
250.2
112.2
422.3
25.3
10.9
260.8
125.3
464.5
28.4
9.9
282.0
144.3
506.4
38.7
4.8
312.8
150. 1
538.0
30. 1
3. 1
341.5
163.3
596.0
25.6
3.0
374- 1
193.3
693.5
27.6
7.3
425.6
232.9
817.2
34.2
14.1
484.2
284.8
934.6
61.5
14.5
532.4
326.2
1005.3
39.8
11.9
596.7
356.8
1059.8
31.2
10.8
6^0.9
347.0
1118. 0
-19.4
16.9
755.6
364.9
34
35
36
37
38
39
335.3
129.3
51.4
96.5
19. 1
88.9
359.4
133.5
5 4.4
53.1
20.4
98.0
402.9
152-7
59.8
55.0
30.2
105.2
453.2
172. 1
69. 1
60. 1
36.0
115.9
504.0
197.5
77.5
69.0
34.7
125.2
549. 1
213.9
80.8
80-7
36.6
137.0
591.0
238.0
81.5
77.5
46.2
147.7
663.1
274.3
83.6
75.7
61.9
167.6
784.2
337.4
93.7
81.6
74.0
197.4
858.1
375.8
100.4
82.2
69.5
230.3
946.3
423.3
110.5
73.5
73.2
265.7
40
41
42
763. 1
53.4
173.5
869.2
57.9
189.1
971.4
61.8
199.8
1047.0
68. 1
201.9
1 148.2
74.3
211.3
1281.6
81.6
221.8
1429.4
89.9
238.2
1582.3
99.2
254.5
1732.4
107. 1
273. 1
1916.9
117.4
282-5
43
44
473.9
-
545.3
-
585.3
-
622.7
2.4
720.5
3.7
841.9
3.7
93 5.4
3.9
1001.4
10.8
1060.7
45.2
45
46
47
60.0
1. 1
1.2
72.0
2.7
2.2
107.5
13.7
3.3
135.5
11.5
4.9
120.8
11.7
5.8
111.2
14.0
7.4
137.0
16.3
8.7
181.4
23.7
11.4
48
1098.4
1228.6
1374.3
1500.2
1652.2
1830.7
2020.5
49
50
51
14.7
82.2
72.5
14.4
83.1
86.9
14.6
83.8
90.6
15.6
83.5
112. 1
15.9
82.3
109.6
16.2
82.4
120.2
17. 1
83.6
162.0
21
22
23
24
25
Other sources
29
Foreign funds
30
Treasury balances
31
Insurance and pension res. 32
Other, net
33
Private donestic nonfinancial investors
1053.2 Credit narket claias
482.5
U.S. Governnent securities
140.7
State and local obligations
64.5
Corporate ♦ foreign bonds
77.4
Open-narket paper
288.1
Other
34
35
36
37
38
39
2138.6
126.9
300.7
2310.9 Deposits and currency
135.4
Currency
313.8
Checkable deposits
40
41
42
1143.7
74.4
1190.9
181.9
1327.9
206.6
Snail tiae and savings dep.
Honey narket fund shares
43
44
203. 1
30.3
12.9
247.9
36.9
14.0
284.3
39.4
14.5
271.9
43.3
12. 1
Large tine deposits
Security RP’s
Foreign deposits
45
46
47
2245.5
2516.5
2775.0
3084.9
18. 1
84.3
206.5
18.2
83.5
229.3
18.9
83.4
230.9
19.3
83.6
238.2
Total of credit narket instru3364.1
nents, deposits ♦ currency
48
20. 1 Public support rate {%)
82.6 Pvt. finan. internediation
205.3 Total foreign funds
49
50
51
Corporate Eguities Not Included Above
1
2
3
1059.2
55.4
3003.7
1 197. 1
58.9
1138.1
948. 1
46.6
901.4
€76.9
35.2
64 1.7
892.5
43.0
849.5
1051.9
46.5
1005.5
995.4
45. 4
950.0
1028.3
45.8
982.5
1230.7
51.2
1179.5
1635.6
63.5
1572.1
1568.3
63.8
1504.5
1811.2 Total narket value
89.5
Hutual fund shares
1721.8
Other eguities
1
2
3
4
5
195.6
863.6
244.8
952.2
201.8
746.3
146.8
530. 1
196.7
695.8
236.7
815.3
222.7
772.7
236.3
792.0
267.2
963.5
349. 1
1286.5
34 1. 1
1227.2
416.7 Acg. by financial institutions
1394.5 Other holdings
4
5
AUGUST 31, 1983
Households
Households
Sector Stateaents of Financial Assets and Liabilities
63
TEAB-END OUTSTANDINGS
TE18-END OUISTANDINGS
—
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
Househol ds. Perse>nal Tru sts, and NouprofjLt Organ izations
1
2 151.4
238 8.4
2301.9
2206.3
2564.3
2905.3
3081-7
3375.9
3861.2
4540.5
4838.7
5381.0 Total financial assets
1
2
3
4
5
6
7
872.4
624.3
130.3
473.9
20. 1
972.9
710.8
142.6
545.3
—
22-9
1088.3
788.4
156.5
585.3
46.5
1199.3
853.7
163.8
622.6
2. 4
65.0
1326.5
945.3
170.7
719.6
3.7
51.3
1477.9
1068.5
186.4
835.8
3.7
42.6
1638.8
1195.6
205.7
930.9
3.9
55. 1
1829.0
1325.9
228.8
997.0
10.8
89.3
2060. 1
1459.3
250.4
1056.9
45.2
106.8
2281.7
1622.3
258.6
1140.3
74.4
148.9
2556.0
1821.7
284.3’
1187.4
181.9
168. 1
278 1. 3
1982.7
307. 3
1322.9
206.6
145.9
Dep. * cr. akt. instr. (1)
Deposits
Checkable deposits*curr.
Snail tiae * sags. dep.
Honey aarket fund shares
Large tiae deposits
2
3
4
5
6
7
8
248. 1
262.0
299.9
345.5
381.2
409.4
443.3
503.1
600.8
659.4
734.2
798.6
Credit aarket instruaents
8
9
10
11
12
13
93.5
76.5
54.4
22.1
17.0
93.9
79.6
57.7
21.9
14.3
112.8
96.6
60.4
36.3
16.2
134. 1
113. 3
63.3
50.0
20.8
152.9
133.2
67.4
65.8
19.7
163.0
139.9
72.0
67.9
23.1
182.2
153.3
76.8
76.6
28.9
211.7
175.3
80.7
94.6
36.5
264.7
206.3
79.9
126.4
58.5
297.3
227.8
72.5
155.3
69.5
346.2
261.9
68.2
193.7
84.3
377.0
29 1.8
68.3
223.4
85.2
u.s. Goat, securities
9
10
11
12
13
14
15
16
17
46. 1
46.5
54.1
7.9
48.4
53.1
60.5
6.2
53.7
55.0
63. 1
15.3
61.9
60. 1
70.0
19.5
68. 1
69.0
76.2
15. 1
70. 1
80.7
83.6
12.0
70. 1
77.5
91.7
21.7
72.7
75.7
105.9
37.1
83.2
81.6
125.9
45.3
89.9
82.2
148.1
41.9
99.9
73.5
171.2
43.6
129.0
64.5
186.5
41.6
State*local obligations
Corporate and fgn. bonds
Nortgages
Open-aarket paper
18
19
20
832.8
55.4
777.4
913.2
58.9
854.2
712.8
46.6
666. 1
505.9
35.2
470.7
660.5
43.0
617.5
772.3
46.5
725.8
732.9
45.4
687.5
749.9
45.8
704.2
915.2
51.2
864.0
1221.9
63.5
1158.4
1162.6
63.8
1098.8
1316.2
89.5
1226.8
21
22
23
24
136.8
275.8
4.9
28.7
143.7
322.3
5.0
31.3
151.3
310.6
4.9
34. 1
158.0
302.5
3.9
36.8
166.6
365.7
4.5
40.6
175.0
427.7
6.3
46.0
186.5
465.2
5.3
52.9
198.5
531.1
7.8
59.5
211. 1
598.6
9.6
66.7
222.5
727.1
14.8
72.4
232.7
796.2
12.7
78.5
246.8
935.3
16.0
85.3
25
550.7
621.1
697.3
750.9
805.3
902-7
1043.6
1215.1
1396.2
1526.1
1654.3
1740.9 Total liabilities
25
724.2
442.3
23.7
776. 1
482.9
24.8
866.5
544.3
25.6
1004. 1
635. 1
26.7
1171.8
746.5
28.1
1348.9
869.2
29.6
1468.8
967.5
31.5
1594.2
1051. 1
33.8
1674.4
1101.0
36.4
26
27
28
26
27
28
526.2
316.7
20.3
591.0
358.0
21.5
670.5
404.5
22.6
29
30
31
32
118.3
39.5
9.2
22.3
133.2
44.5
10. 1
23.6
155. 1
48.6
13.5
26.2
164.6
49.0
15.2
29.4
172-3
50.9
13.7
31.5
193.8
54.8
14.6
33.4
230.6
58.6
17.4
35.7
273.6
64.3
19.9
39.5
312.0
71.3
20.8
45.9
313.5
74.8
26.8
54.7
331.7
80.7
31.2
65.8
344.8
85.9
33.3
73.0
33
34
13. 1
6.0
17.5
6.6
13-2
7.3
11.4
8.3
12. 1
9.4
17.2
10-5
18.5
11.7
19.7
13.2
20.7
14.9
27.2
17.2
25.6
19.8
28.8
22.2
35
5.4
6.0
6.4
7. 1
7.7
8.4
9.3
10.3
11.7
12.9
14.7
15.5
Treasury issues
Saaings bonds
other Treasury
Agency issues
14
15
16
17
Corporate eguities
Hutual fund shares
Other corporate eguities
18
19
20
Life insurance reseraes
Pension fund reseraes
Security credit
Hiscellaneous assets
21
22
23
24
Credit aarket instruaents
Hone aortgages
Other aortgages
Installaent cons, credit
other consumer credit
Bank loans n.e.c.
Other loans
security credit
Trade credit
Deferred and unpaid life
insurance preaiuas
(1) Excludes corporate eguities.
29
30
31
32
33
34
35
AUGUST 31, 1983
lonfinancial Corporate Business
nonfinancial Corporate Business
Nonfinancial Corporate Business
64
TEAE—END OUTSTANDINGS
1971
1972
TEAR-END OUTSTANDINGS
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
Nonfinancial Corporate Business
1
406.0
455.5
526.0
516.7
557.6
611.9
671.7
764.4
891.6
999.0
1063.8
2
3
4
5
6
78.8
42.6
9.5
1. 1
1.2
88.0
44.9
11.9
2.7
2.2
101.0
46.3
16.6
11.3
3.3
105.4
47.8
20.5
5.5
4.9
125.2
53.9
22.4
4.7
5.8
139.8
56.4
24.4
7.0
7.4
143.4
59.2
29.2
8.3
8.7
153.2
63.0
31.2
13.7
11.4
172.3
69.2
35.9
16.3
12.9
189.5
79.3
39.9
22.9
14.0
204.9
78.6
54.8
22.9
14.5
225.1
78.6
60.0
26.6
12.1
Liguid assets
Deaand deposits ♦ currency
Tiae deposits
Security RP’s
Poreign deposits
2
3
4
5
6
7
8
9
10.0
3.2
11.3
7.9
4.2
14.2
4.5
4.0
14.9
5.6
4.7
16.5
14.3
4.5
19.6
16.4
3.4
24.7
10.0
3.5
24.5
5.5
3.7
24.8
5.7
3.7
28.7
2.4
3.5
27.6
1.0
3.5
29.6
8.4
3.5
35.8
U.S. Governaent securities
State ♦ local obligations
Coaaercial paper
7
8
9
10
11
19.3
201.8
20.2
228.0
21.7
266.8
22.3
243.5
23.0
249.4
24.9
268. 1
26.0
304.3
27.8
360.2
29.4
431.7
29.8
480.8
31.9
504.3
32.3
489.2
Consuaer credit
Trade credit
10
11
12
13
14
15
16
106.1
76.4
11.9
.4
17.5
119.3
81.5
13.7
.4
23.7
136.6
91.7
15.7
.4
28.8
145.5
100.4
17.8
.4
26.9
160. 1
114. 1
20.0
.4
25.5
179.2
126.6
23.4
.5
28.8
198.0
135.4
27.8
.5
34.3
223.2
151.8
33.4
.6
37.5
258.2
178.2
38.9
.6
40.4
299.0
208.7
43.6
.6
46.1
322.7
223.5
47.3
.6
51.2
337.7
230.3
50.0
.7
56.7
Hiscellaneous assets
Poreign direct invest. (1)
Insurance receivables
Equity in spons. agencies
Other
12
13
14
15
16
17
18
19
20
21
22
23
24
581.4
380. 1
.1
186. 1
61.3
3.0
21.7
36.7
636.9
412.5
.6
1S8.3
64. 1
3.5
24.5
36. 1
732.6
461.3
2.4
207.5
65.9
3. 1
26.9
35.9
74 3.4
527.4
4. 1
227. 1
66.8
2.8
28.3
35.7
770.9
548.5
6.7
254.3
65.9
3.5
28.8
33-6
834.7
591.5
9.2
277.2
68.3
4.8
30.0
33.6
930.3
662.6
17.4
300.0
71.9
6. 4
32.0
33.5
1072.0
741. 1
25.0
321.2
76. 1
6.7
34.7
34.6
1236. 1
836.5
35.0
338.5
77.5
6. 1
37.2
34.2
1364.6
912.0
45.9
365. 1
80.0
5.3
40.6
34.0
1505.7
1010.8
59.3
387.2
73.7
3.9
37. 1
32.7
25
26
27
28
29
108.3
6.2
1.8
14.6
1.6
120.6
7.0
1.8
18.2
1.8
150.3
8.4
2.4
22.3
2. 1
181.5
12.5
3.6
28. 1
3.7
172.4
9.6
3.8
31.9
3.9
176.3
11.0
5. 1
40.3
4. 1
197.0
12.8
5.7
53.8
4.0
227.4
15.5
5.0
65.3
5.7
272.6
24.5
6.0
75.4
6.^
299.2
28.0
6.9
78.5
8.4
341.9
42.7
9. 1
87.2
9.6
383.0
38.2
9.8
86.7
11.4
30
31
32
13.3
174.0
13.9
13.3
196.2
14.9
15.6
235. 1
20.6
16.7
174. 1
25. 1
14.3
180.5
27.7
21.8
190.7
30.8
20.3
212.8
34.6
24.6
263.9
42.5
27. 1
318. 1
54.5
25.3
358.9
68.4
18.5
386.7
89.8
2.4
376.5
99.2
33
27.8
31.8
31.7
69.4
68.9
77.4
91. 5
96.4
113.6
121.9
117.7
112.7 Meno:
1084.4 Total financial assets
1564.4 Total liabilities
1086.4
Credit aarket instruaents
74.5
Tax-exeapt bonds (2)
406.0
Corporate bonds (1)
76.7
Mortgages
4.4
Hoae aortgages
40.8
Multi-faaily
31.6
Coaaercial
Bank loans n.e.c.
Coaaercial paper
Acceptances
Finance coapany loans
IJ.S. Governaent loans
Profit taxes payable
Trade debt
Fgn. direct invest, in O.S.
Net trade credit
1
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
Debt subtotals:
34
35
36
247.5
132.6
319.9
263.0
149.5
359.0
275-8
185.4
436.2
298.0
229.4
420.3
326.9
221.5
416.3
354.7
236.8
449.3
389.3
273.4
506.4
422.2
318.8
607.2
451.0
385.4
730.6
491.0
421.0
805.2
520.2
490.5
895.7
37
38
39
65. 1
34.9
24.6
63.8
36.2
24.5
59.8
40.2
23. 1
56.5
43.5
25. 1
59.6
40.4
30. 1
60.0
40.0
31.1
58.7
41.3
28.3
57.0
43.0
25.2
53.9
46. 1
23.6
53.8
46.2
23.5
51.5
48.5
22.9
557.2 Securities and aortgages
529. 1 Loans and short-tera paper
908.0 Total s-t liabilities (3,
34
35
36
Per cent ratios:
51.3 L-t debt/credit aarket debt
48.7 S-t debt/credit aarket debt
24.8 Liquid assets/s-t liabil.
(1) Corporate bonds include net issues by Netherlands Antilles subsidiaries,
and O.S. foreign direct investaent is before subtracting reflovs of
capital fron Netherlands Antilles subsidiaries* foreign financing.
(2,
Industrial revenue bonds. Issued by state and local governuents
to finance private investaent and secured in interest and
principal by the industrial user of the funds.
(3) Loans (except aortgages), short-tera paper, profit
taxes payable, and trade debt.
Includes loans due in
aore than one year and excludes current aaturities of
securities and aortgages.
37
38
39
AOGOST 31# 1983
Total Cl; «bs
Total Claias
Total Financial Assets and Liabilities
65
TBAR-BND OOTSTANDINGS
TEAR-END OOTSTAHDINGS
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
Credit Narket Debt Outstanding (1)
1
1753.9
1939.8
2160.2
2406.7
2619.9
2904.3
3285.0
3761.6
4252.0
4685.1
5175.0
2
3
4
5
6
7
8
9
1569.9
325.7
1244.2
526.2
51.4
119.6
380. 1
166.9
1730.9
340.8
1390.1
591.0
57.2
148.0
412.5
181.4
1919. 1
349. 1
1570. 1
670.5
66.9
177.7
461.3
193.7
2094.2
360.8
1733.4
724.2
74.7
197.8
527.4
209.2
2288.8
446.3
1842.6
776. 1
83.2
211.9
548.5
222.9
2532.6
515.8
2016.9
866.5
93.4
227.3
591.5
238.2
2854. 1
572.5
2281. 5
1004.1
105.6
255.6
662.6
253.6
3218.1
626.2
2591.9
1171.8
120.3
286.0
741.1
272.7
3604.2
663.6
2940.7
1348.9
141.6
320.4
836.5
293.2
3946.9
742.8
3204. 1
1468.8
156.0
353.7
912.0
313.6
4323.8
830. 1
3493.7
1594.2
172.3
393.2
1010.8
323.2
10
11
12
13
14
15
16
17
18
54.8
129.2
40.0
9.5
3.0
4.2
14. 1
54.3
4. 1
60.6
148.2
43.5
14.4
4. 1
6.8
9.5
61.1
8.8
67.0
194.0
59.8
18.0
4. 1
10.0
17.1
70.7
14.4
79.8
232.6
77. 1
21.5
4.3
14.4
23.3
76.2
15.8
91.2
239.9
80.3
28.5
4.5
15.0
19.1
76.7
15.7
110.6
261. 1
82.4
40.7
5.2
20.4
17.4
81.2
13.8
123.9
307. 1
88.7
56.8
5.7
22.4
24.3
97.9
11.3
161.9
381.6
112.2
70.4
5.9
29.5
37.8
116.2
9.7
182.5
465.3
137.0
94.8
6. 1
36.0
50.3
132.7
8.4
209.6
528.6
162.6
114.0
6.3
42.9
57.8
138.9
6.2
237. 1
614.0
195.0
129.0
6.2
51.2
73.4
152.9
6.4
1
5623.6 Total credit akt. debt
oved by:
Donestic nonfinan. sectors
4710.1
0.S. Governaent
99 1.4
Private donestic
3718.7
Households
1674.4
Fara business
181.3
Nonfarm noncorp. bus.
417. 1
Corporate business
1086.4
State+local governaents
359.6
2
3
4
5
6
7
8
9
Foreign
Financial sectors
Sponsored credit agencies
Mortgage pools
Coaaercial banks
Bank affiliates
Savings and loan assns.
Finance coapanies
Reits
10
11
12
13
14
15
16
17
18
226.7
686.8
210.4
178.5
6.8
53.3
70.4
161.1
6.4
5623.6 Total credit aarket assets
held by:
Private doa. nonfin. sectors
1053-2
Households
798.6
Nonfarn noncorp, business
23.5
Nonfin. corporate business
80.0
State + local governaents
151.1
19
1753.9
1939.8
2180.2
2406. 7
2619.9
2904.3
3285.0
3761.6
4252.0
4685.1
5175.0
20
21
22
23
24
335.3
248. 1
9.8
43.7
33.6
359.4
262.0
10.3
46.5
40.6
402.9
299.9
11.7
45. 1
46.2
453.2
345.5
12.4
49.0
46.3
504.0
381.2
13.3
61.3
48.2
549. 1
409.4
14.5
69.4
55.9
591.0
443.3
15.5
64.0
68.3
663.1
503.1
16.9
61.7
81.4
784.2
600.8
18.7
67.4
97.3
858.1
659.4
19. 1
63.2
116.4
946.3
734.2
21.7
66.0
124.3
25
26
53.2
59.9
61.6
62.4
62.2
65. 1
73.4
72,3
79.5
85.8
94.7
93.8
134.3
103.6
172.4
120.6
167.8
140.0
191.0
163.6
207.0
187.7
224.6
204.5
27
28
29
30
1305.6
45.0
9.5
71. 1
1456.4
49.0
14.4
71.3
1650.0
64.5
18.0
80.6
1807.7
85.2
21,5
86.7
1950.6
89.7
28.5
95.3
2166.6
94.4
40.7
105. 1
2456.1
101.2
56.8
112.2
2805.5
127.9
70.4
119.2
3160.0
157.8
94.8
126.9
3472.3
184.2
114.0
131.4
3833.9
217.4
129.0
140.5
31
32
33
34
35
497.8
485.4
2.8
7.9
1.6
568.3
552.5
2.6
11.2
1.9
652.9
631.0
4.3
15.6
2.0
720.0
689,8
4,9
22.8
2.5
749.4
718.3
4.4
23.9
2.9
809.2
773.3
4. 1
28.3
3.5
897.0
855.3
4.7
33.2
3.8
1025.9
965.3
3.7
52.8
4.0
1146.8
1072.9
2.8
67. 1
4.0
1247.8
1156.4
2.7
84. 1
4.5
36
37
38
39
40
682.2
293.6
193.6
82.8
17.2
753.4
333.6
221. 1
92.4
20. 1
834.0
371.6
251.2
96.8
23.7
894.4
396.4
270.6
99.4
26,4
987.7
447.4
305.5
110.1
31.7
1117.3
515.8
354.5
122.9
38.4
1288.8
594.3
414.6
134.1
45.6
1462.1
667.1
470.8
143.4
52.9
1633.7
723.8
520.0
148.0
55.8
41
42
43
44
45
305.3
182.8
35.0
52.9
34.6
322.2
192.5
34.0
57.4
38.3
345.9
204,8
36.3
63. 1
41.8
375.7
217.7
41.9
6 9.8
46.4
416.3
234.6
48.9
79. 1
53.7
466.0
258.3
52.5
88.9
66.2
535.0
285.8
64.7
100.8
83.7
610.0
318.9
73.0
117.8
100.2
46
47
48
49
50
51
83.3
66.5
6.2
6.0
4.6
97.6
76.0
10.4
6.3
5.0
116.5
87.4
16.0
7.6
5.5
122.2
92.3
16. 1
8.3
.8
4.8
124.1
94.9
13.2
8-7
1.5
5.8
135.5
106.6
9.4
8.5
2. 1
8.9
159.6
129. 1
7.0
12.9
1.9
8.6
185. 1
153.1
5.8
13.7
5.1
7.2
19
20
21
22
23
24
Foreign
O.S. Governaent
25
26
4141.3
233.2
178.5
150.3
Financial institutions
Sponsored credit agencies
Mortgage pools
Federal Reserve systea
27
28
29
30
1351.4
1253.4
2.8
91.8
3.3
1431.5
1358.2
2.9
66.5
3.9
Coaaercial banking
Coaaercial banks
Bank affiliates
Foreign banking offices
Banks in U.S. poss.
31
32
33
34
35
1794.9
778.7
566.2
154.3
58.2
1995.6
805.8
588.2
155.8
61.8
2147.8
823.6
600.2
151.0
72.4
Private nonbank finance
Savings institutions
Savings * loan assns.
Hutual savings banks
Credit unions
36
37
38
39
40
676.4
352.3
81.8
128.6
113.7
750.7
385.1
92.6
149.5
123.5
829.1
419.8
105.4
172.0
132.0
923.3
463.2
122.8
198.5
138.9
Insurance
Life insurance cos.
Private pension funds
St.+loc.govt.rtr.funds
Other insurance cos.
41
42
43
44
45
233.5
180.2
4.9
15.6
24.9
7.9
265.5
194-0
4.2
20.5
39.8
7.2
360.7
220.0
3.1
25.7
102.3
9.6
400.9
224.7
2.4
39.4
123.7
10.7
Finance n.e.c.
Finance coapanies
Reits
Hutual funds
Honey aarket funds
Brokers and dealers
46
47
48
49
50
51
(1) Excludes corporate eguities.
Total Liabilities and Their Relation to Total Financial Assets
Total credit nkt. debt
(froa preceding table)
Other liabilities:
Official foreign exchange
17.6
Treasury curr. and SDR ctfs.
16.5
1
1
1753.9
1939.8
2180.2
2406. 7
2619.9
2904.3
3285.0
3761.6
4252.0
4685. 1
5175.0
2
3
.9
6.4
-7
7.0
.6
7.4
1.9
7.7
2.3
8.7
4.8
9.9
5.0
10.2
5.4
10.7
5.1
12.3
13.0
13.6
14.8
14.8
4
5
6
7
8
9
10
816.6
259.8
477.4
—
70.5
7.7
1.2
931.7
283.6
549.5
86.9
9.5
2.2
1044.8
301.1
588.7
126.0
25.7
3.3
1134. 1
308.0
626.4
2.4
167. 1
25.3
4.9
1247.4
326.6
724.4
3.7
158.2
28.8
5-8
1395. 1
351.4
845.9
3.7
144.3
42.4
7-4
1560.7
381.7
940.5
3.9
172.6
53.3
8.8
1745.4
414.3
1006.0
10.8
227.0
75.4
11-9
1927.3
450.2
1067. 1
45.2
254.8
92.0
18.0
2147.9
470.7
1153.8
74.4
315.8
112.3
20.8
2422.7
499.0
120 1.3
181.9
377.6
129.6
33.3
2637.1
535.5
1339.8
206.6
373.7
145.6
35.9
11
12
136.8
275.8
143.7
322.3
151.3
310.6
158.0
302.5
166.6
365.7
175.0
427.7
186.5
465.2
198.5
531.1
211. 1
598.6
222.5
727.1
232.7
796.2
246.8
935.3
Life insurance reserves
Pension fund reserves
11
12
13
14
15
16
28.7
197.0
15.8
219.4
37.4
221-3
15.7
249.7
29.5
264.2
18.2
286.9
24.7
211.3
19.4
318.5
28.5
223.6
16.7
356.0
41.1
243.0
24.7
403.4
43.4
271.1
24.1
446.2
44.6
332. 1
29.3
521.4
46.7
393.5
32. 1
608.7
59.2
441.8
28.9
682.2
60. 1
475.5
20.6
791.6
66.6
463.4
4.4
837.2
Security credit
Trade debt
Profit taxes payable
Hiscellaneous
13
14
15
16
17
18
19
47.6
55.4
3554.5
44.6
58.9
3973.0
44.4
46.6
4384.8
44.6
35.2
4664.5
33.5
43.0
5111.9
24.6
46.5
5700.0
23.5
45.4
6366.2
39.4
45.8
7265-4
60.6
51.2
8199.0
Interbank claias
-19.3
31.1
15.4
63.5
63.8
89.5
Hutual fund shares
9116.0 10083.3 10918.5 Total liabilities above
20
21
1003.7
48. 1
1138.1
55-9
901.4
61. 1
641.7
61.0
849.5
61.0
1005.5
60.5
950.0
60.5
982.5
60.5
1179.5
66.4
1572.1
72. 1
1504.5
75.9
1721.8
75.9
4 Financial assets not
included in borroving
Other corporate eguities
Gold and SDR’s
20
21
22
23
24
-.6
22.9
-21.0
-.2
27.6
-24.0
. 1
27.2
-21.9
-.2
27.7
-54.9
-.3
29.3
-51.8
-1. 1
29.9
-56.3
.2
31.7
-66.6
-. 1
31.2
-68.8
-. 1
31.2
-83.5
-.8
33.5
-93.6
-1.8
37.5
-88.8
-2.2
38.2
-92.0
- Floats not incl. in assets
Deaand dep.: U.S. Govt.
Other
Trade credit
22
23
24
25
26
27
28
FRASER
29
-1.6
2.0
5. 1
4.5
12.0
-1.7
-2.4
4.4
4.2
15.7
-1.7
-1.8
5.3
4.4
14.6
-1.9
.7
5.6
5. 1
18.2
-1.9
-3. 1
10.2
4. 1
25.0
-2.2
-4.0
19.6
4.4
26. 1
-2.4
-9.4
25. 1
3.3
35.0
-2.5
-8.6
36.5
4.9
40.5
532 1. 1
5366.9
6010.9
6749.6
7359.8
8275.3
Digitized for
http://fraser.stlouisfed.org/
30 4582.9 514 3.4
Federal Reserve Bank of St. Louis
5623.5
Deposits at financial insts. 4
Checkable deposits ♦ curr. 5
6
Snail tiae + svgs. dep.
7
Honey market fund shares
8
Large tiae deposits
9
Security RP’s
10
Foreign deposits
- Liabilities not allocated
as assets
Treasury currency
Interbank claias
Security RP’s
Profit taxes payable
Hiscellaneous
Totals allocated to sectors
9409.5 10748.6 11648.6 12710. 1
as assets
-2.6
-10. 1
40.4
6.7
53.5
-2,8
-13.5
49.3
7.3
32.2
-3.0
-15.9
46.0
6.3
34.9
-1.9
*
50.6
5.5
8.0
2
3
17
18
19
25
26
27
28
29
30
PERSONAL TRUSTS AND ESTATES ADHINISTERBD BI BANKS
66
ASSET HOLDINGS AT TEAR-EMDS
BILLIONS OP DOLLARS
1971
1 TOTAL ASSETS
2
3
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
159.678 183.104 170.640 142.615 164.862 192.750 189.575 179.325 200.564 228.992 229.746 256.951
DBPOSITS ♦ CB. HKT. INSTB.
TOTAL DEPOSITS
85.967 103.226
42.000
45.532
49.632
51-916
57.124
66.168
71.381
69.016
76.926
79.948
4.858
5.710
5.917
6.235
5.938
7.022
7.665
6.936
7.123
7.217
7.602
7.940
4
DEHAID DEPOSITS
1.694
1.843
1.898
1.795
1.594
1.614
1.563
1.849
1.880
1.881
2.003
1.638
5
TIHE ♦ SAVINGS ACCOUNTS
3.164
3.867
4.019
4.440
4.344
5.408
6.102
5.087
5.243
5.336
5.599
6.302
6
CREDIT HARKET INSTRUHENTS
37.142
39.822
43.715
45.681
51.186
59.146
63.716
62.080
69.803
72.731
78.365
95.286
8.803
8.628
10.012
11.623
14.094
15.753
17.021
15.713
19-154
21.287
22.762
27. 445
14.033
15.208
16.184
15.046
16.494
19.986
22. 108
21.278
22.750
20.994
20.469
27.010
9.071
12.294
14.446
19.616
23.618
7
U.S.GOVT. SECURITIES
8
STATE+LOCAL GOVT- SEC.
9
OTHER S-T OBLIGATIONS
10
OTHER SECURITIES
11
HORTGAGES
12
CORPORATE EQUITIES—COHHON
—PREFERRED
13
14
15
REAL ESTATE
ALL OTHER ASSETS
Coverage:
0.0
0.0
0.0
0.0
0.0
13.527
14.938
16.069
17.752
20.443
21.618
13.149
12.399
12.070
11.327
12.980
2.422
2.459
2.581
2.943
2.846
2.964
2.969
2.869
3.206
3.934
4.191
4.333
104.899 123.835 107.200
76.120
91.350 109.611
100.284
2.923
2.656
2.234
2.449
1.859
1.967
1.836
1.854
8.151
9. 158
10.141
10.820
11.883
12.183
13.830
18.347
21.062
21.828
2.930
3.409
3.324
3.495
3.793
2.977
3.705
3.965
4.837
4.882
2.727
6.814
7.450
2.422
2.539
— Insured commercial banks and 8 Federal Reserve member noninsured
trust companies; trust assets over which bank has investment
discretion. Omission of nondiscretionary trust beginning 1978
makes the totals not comparable with earlier years.
1968-1977 — Trust Assets of Insured Commercial Banks, annual issues.
1978-1982 — Trust Assets of Banks and Trust Companies, annual issues.
Included in line 10 before 1978.
92.700 104.244 124.765 116.044 125.161
2.012
3.748
3.543
1979-1982 — Insured commercial and mutual savings banks, F.R. member trust
companies, non-member nondeposit trust companies owned by bank
holding companies. Discretionary assets only. Mutual savings
banks and trust companies introduced in 1979 held about 2 per
cent of total 1979 assets.
1/
0.0
11.884
1968-1977 — All insured commercial banks; total trust assets.
1978
Source:
0.0
@FedFRASER