Financial services sector assets and liabilities contains indicators which provide data on the assets and liabilities of the financial sector of the economy.
Weekly fund flows are estimates that represent industry totals, based on reporting covering more than 98 percent of mutual fund and ETF assets. Actual mutual fund net new cash flows and ETF net issuance are collected and reported separately on a monthly basis; therefore, there are differences between these weekly estimates and the monthly flows.
Major Combined Estimated Long-Term Flows and ETF Net Issuance Indicators
| Indicator | Period | Value | % CHG PREV |
| US Bond Mutual Fund and ETF Flows | Sep 2025 | 67.23B USD | 2.56% |
| US Commodity Mutual Fund and ETF Flows | Sep 2025 | 11.60B USD | 106.6% |
| US Domestic Equity Mutual Fund and ETF Flows | Sep 2025 | -21.44B USD | -- |
| US Equities Mutual Fund and ETF Flows | Sep 2025 | -10.29B USD | -- |
| US Foreign Equity Mutual Fund and ETF Flows | Sep 2025 | 11.15B USD | 210.7% |
| US Hybrid Mutual Fund and ETF Flows | Sep 2025 | -4.676B USD | -- |
| US Municipal Bond Mutual Fund and ETF Flows | Sep 2025 | 8.024B USD | 41.54% |
| US Mutual Fund and ETF Flows | Sep 2025 | 63.86B USD | 36.10% |
| US Taxable Bond Mutual Fund and ETF Flows | Sep 2025 | 59.20B USD | -1.14% |
Commercial Paper is released by The Federal Reserve Board and is derived from data supplied by The Depository Trust & Clearing Corporation. The report consists of short-term, promissory notes issued primarily by corporations. Maturities range up to 270 days but average about 30 days. Many companies use CP to raise cash needed for current transactions, and many find it to be a lower-cost alternative to bank loans.
Major Commercial Paper Outstanding Indicators
| Indicator | Period | Value | % CHG PREV |
| Asset-backed Commercial Paper Outstanding | Wk of Dec 03 2025 | 391.13B USD | 0.14% |
| Commercial Paper of Nonfinancial Companies | Wk of Dec 03 2025 | 329.18B USD | -3.97% |
| Commercial Paper Outstanding | Wk of Dec 03 2025 | 1.305T USD | 0.29% |
| Domestic Financial Commercial Paper Outstanding | Wk of Dec 03 2025 | 244.43B USD | 0.71% |
| Domestic Nonfinancial Commercial Paper Outstanding | Wk of Dec 03 2025 | 249.07B USD | -5.20% |
| Foreign Financial Commercial Paper Outstanding | Wk of Dec 03 2025 | 335.27B USD | 4.69% |
| Foreign Nonfinancial Commercial Paper Outstanding | Wk of Dec 03 2025 | 80.23B USD | 0.21% |
| Other Commercial Paper Outstanding | Wk of Dec 03 2025 | 5.280B USD | 2.24% |
A monthly account by the ICI which reports the activity of mutual funds by type.
Major Estimated Long-Term Mutual Fund Flows Indicators
| Indicator | Period | Value | % CHG PREV |
| US Bond Mutual Fund Flows | Oct 2025 | 20.02B USD | -29.46% |
| US Equity Mutual Fund Flows | Oct 2025 | -116.57B USD | -- |
| US Hybrid Mutual Fund Flows | Oct 2025 | -7.50B USD | -- |
| US Mutual Fund Flows | Oct 2025 | -104.05B USD | -- |
Major ETF Assets and Net Issuance Indicators
| Indicator | Period | Value | % CHG PREV |
| US Assets of Bond ETFs | Oct 2025 | 2.171T USD | 2.80% |
| US Assets of ETFs | Oct 2025 | 13.01T USD | 2.99% |
| US Bond ETF Net Issuance | Sep 2025 | 40.25B USD | -18.11% |
| US Equity ETF Net Issuance | Sep 2025 | 88.92B USD | 61.12% |
| US ETF Net Issuance | Sep 2025 | 141.79B USD | 27.67% |
| US Number of Bond ETFs | Oct 2025 | 858.00 | 1.78% |
| US Number of ETFs | Oct 2025 | 4297.00 | 2.75% |
| US Taxable Bond ETF Net Issuance | Sep 2025 | 37.10B USD | -15.63% |
FINRA Margin Statistics report collects data from FINRA member firms carrying margin accounts for customers. The report includes the total of all debit balances in securities margin accounts; and the total of all free credit balances in all cash accounts and all securities margin accounts.
Major FINRA Margin Statistics Indicators
| Indicator | Period | Value | % CHG PREV |
| FINRA Credit Balances in Margin Accounts | Oct 2025 | 195.38B USD | 0.25% |
| FINRA Free Cash Accounts | Oct 2025 | 197.92B USD | -3.03% |
| FINRA Margin Debt | Oct 2025 | 1.184T USD | 5.07% |
The H.8 from the Federal Reserve presents an estimate of weekly aggregate balance sheets for all commercial banks in the US. The data are based on weekly reports from 875 domestic banks and foreign-related institutions.
Major H.8 Assets and Liabilities of Commercial Banks in the U.S. Indicators
| Indicator | Period | Value | % CHG PREV |
| US Commercial Banks Bank Credit | Wk of Nov 19 2025 | 18.89T USD | 0.16% |
| US Commercial Banks Borrowings | Wk of Nov 19 2025 | 2.095T USD | -1.92% |
| US Commercial Banks Commercial and Industrial Loans | Wk of Nov 19 2025 | 2.695T USD | -0.01% |
| US Commercial Banks Consumer Loans | Wk of Nov 19 2025 | 1.855T USD | 0.10% |
| US Commercial Banks Deposits | Wk of Nov 19 2025 | 18.43T USD | -0.40% |
| US Commercial Banks Real Estate Loans | Wk of Nov 19 2025 | 5.717T USD | 0.15% |
| US Commercial Banks Treasury and Agency Securities: Mortgage-backed Securities (MBS) | Wk of Nov 19 2025 | 2.709T USD | -0.04% |
The Kansas City Financial Stress Index (KCFSI) is a monthly measure of stress in the U.S. financial system based on 11 financial market variables.
Major Kansas City Financial Stress Index Indicators
| Indicator | Period | Value | % CHG PREV |
| Kansas City Financial Stress Index | Sep 2025 | -0.8408 | -- |
The Chicago Fed’s National Financial Conditions Index provides a comprehensive weekly update on US financial conditions in money markets, debt and equity markets and the traditional and “shadow” banking systems.
Major National Financial Conditions Index Indicators
| Indicator | Period | Value | % CHG PREV |
| Adjusted National Financial Conditions Index | Wk of Nov 28 2025 | -0.5414 | -- |
| National Financial Conditions Credit Subindex | Wk of Nov 28 2025 | -0.0256 | -- |
| National Financial Conditions Index | Wk of Nov 28 2025 | -0.5243 | -- |
| National Financial Conditions Leverage Subindex | Wk of Nov 28 2025 | -0.0301 | -- |
| National Financial Conditions Nonfinancial Leverage Subindex | Wk of Nov 28 2025 | -0.5031 | -- |
| National Financial Conditions Risk Subindex | Wk of Nov 28 2025 | -0.5998 | -- |
The OFR Financial Stress Index (OFR FSI) is a daily market-based snapshot of stress in global financial markets. It is constructed from 33 financial market variables, such as yield spreads, valuation measures, and interest rates. The OFR FSI is positive when stress levels are above average, and negative when stress levels are below average.
Major OFR Financial Stress Index Indicators
| Indicator | Period | Value | % CHG PREV |
| OFR Financial Stress Index | Dec 02 2025 | -2.362 | -- |
| OFR Financial Stress Index: Credit | Dec 02 2025 | -1.079 | -- |
| OFR Financial Stress Index: Emerging Markets | Dec 02 2025 | -0.402 | -- |
| OFR Financial Stress Index: Equity Valuation | Dec 02 2025 | -0.421 | -- |
| OFR Financial Stress Index: Funding | Dec 02 2025 | -0.081 | -- |
| OFR Financial Stress Index: Other Advanced Economies | Dec 02 2025 | -0.851 | -- |
| OFR Financial Stress Index: Safe Assets | Dec 02 2025 | -0.339 | -- |
| OFR Financial Stress Index: Volatility | Dec 02 2025 | -0.442 | -- |
| US OFR Financial Stress Index | Dec 02 2025 | -1.109 | -- |
Provides aggregate data for all FDIC insured institutions for each quarter
Major Quarterly Banking Profile Indicators
| Indicator | Period | Value | % CHG PREV |
| US Banks Commercial and Industrial Loans | Q3 2025 | 2.376T USD | -0.28% |
| US Banks Common Stock | Q3 2025 | 41.67B USD | -0.33% |
| US Banks Credit Card Loans | Q3 2025 | 1.151T USD | 0.88% |
| US Banks Credit Exposures | Q3 2025 | 123.09M USD | -70.94% |
| US Banks Estimated Insured Deposits | Q3 2025 | 10.66T USD | 0.06% |
| US Banks Home Equity Lines of Credit | Q3 2025 | 294.66B USD | 1.69% |
| US Banks Mortgage-backed Securities | Q3 2025 | 2.999T USD | -0.04% |
| US Banks Multifamily Residential Real Estate Loans | Q3 2025 | 650.91B USD | 1.00% |
| US Banks Net Interest Income | Q3 2025 | 189.59B USD | 4.18% |
| US Banks Noninterest-bearing Deposits | Q3 2025 | 3.881T USD | -0.02% |
| US Banks Securities Gains | Q3 2025 | -1.016B USD | -- |
| US Banks Surplus Capital | Q3 2025 | 1.511T USD | 0.26% |
| US Banks Total Assets | Q3 2025 | 25.11T USD | 0.50% |
| US Banks Total Bank Equity Capital | Q3 2025 | 2.577T USD | 1.71% |
| US Banks Total Interest Expense | Q3 2025 | 130.62B USD | 2.48% |
| US Banks Total Liabilities | Q3 2025 | 22.53T USD | 0.36% |
The Senior Loan Officer Opinion Survey is distributed by the Federal Reserve to senior loan officers. The responses are then used to calculate a diffusion index and give important data on the status of lending for US banks.
Major Senior Loan Officer Opinion Survey Indicators
| Indicator | Period | Value | % CHG PREV |
| US Net Percentage of Banks Reporting Increased Willingness to Make Consumer Installment Loans | Q4 2025 | 6.90% | 27.78% |
| US Net Percentage of Banks Reporting Stronger Demand for Auto Loans | Q4 2025 | -19.20% | -- |
| US Net Percentage of Banks Reporting Stronger Demand for Credit Card Loans | Q4 2025 | 4.30% | -- |
| US Net Percentage of Banks Reporting Stronger Demand for Subprime Mortgage Loans | Q4 2025 | -6.30% | -- |
| US Net Percentage of Banks Reporting Tightening Standards for Credit Card Loans | Q4 2025 | 4.20% | -59.62% |
| US Net Percentage of Banks Reporting Tightening Standards for Subprime Mortgage Loans | Q4 2025 | 6.30% | -- |
Weekly ETF net issuance are estimates that represent industry totals.
Major Weekly Estimated ETF Net Issuance Indicators
| Indicator | Period | Value | % CHG PREV |
| US Bond ETF Estimated Net Issuance | Wk of Nov 25 2025 | 10.18B USD | 35.38% |
| US Commodity Estimated Net Issuance | Wk of Nov 25 2025 | 350.00M USD | -- |
| US Domestic Equity ETF Estimated Net Issuance | Wk of Nov 25 2025 | 14.79B USD | -26.72% |
| US Equity ETF Estimated Net Issuance | Wk of Nov 25 2025 | 19.77B USD | -27.20% |
| US Foreign Equity ETF Estimated Net Issuance | Wk of Nov 25 2025 | 4.987B USD | -28.58% |
| US Hybrid ETF Estimated Net Issuance | Wk of Nov 25 2025 | 30.24B USD | -11.99% |
| US Municipal Bond ETF Estimated Net Issuance | Wk of Nov 25 2025 | 1.089B USD | 197.5% |
| US Taxable Bond ETF Estimated Net Issuance | Wk of Nov 25 2025 | 9.09B USD | 27.08% |
| US Total ETF Estimated Net Issuance | Wk of Nov 25 2025 | 30.24B USD | -11.99% |
Major Weekly Money Market Mutual Fund Assets Indicators
| Indicator | Period | Value | % CHG PREV |
| US Government Assets of Money Market Funds | Wk of Dec 03 2025 | 6.289T USD | 1.32% |
| US Prime Assets of Money Market Funds | Wk of Dec 03 2025 | 1.218T USD | 0.23% |
| US Tax-Exempt Assets of Money Market Funds | Wk of Dec 03 2025 | 146.79B USD | 1.56% |
| US Total Assets of Money Market Funds | Wk of Dec 03 2025 | 7.654T USD | 1.15% |
| US Treasury & Agency Assets of Money Market Funds | Wk of Dec 03 2025 | 4.060T USD | 1.31% |
| US Treasury & Repo Assets of Money Market Funds | Wk of Dec 03 2025 | 2.229T USD | 1.33% |
The Financial Accounts of the United States includes data on transactions and levels of financial assets and liabilities, by sector and financial instrument; full balance sheets, including net worth, for households and nonprofit organizations, nonfinancial corporate businesses, and nonfinancial noncorporate businesses; Integrated Macroeconomic Accounts; and additional supplemental detail.
Major Z.1 Financial Accounts of the United States Indicators
| Indicator | Period | Value | % CHG PREV |
| Tobin's Q | Q2 2025 | 1.926 | 7.78% |
| US Debt Outstanding Domestic Financial Sectors | Q2 2025 | 20.89T USD | 1.53% |
| US Debt Outstanding Domestic Nonfinancial Sectors - Household, Home Mortgage Sector | Q2 2025 | 13.57T USD | 0.81% |
| US Home Mortgages - Liabilities - Balance Sheet of Households and Nonprofit Organizations | Q2 2025 | 13.53T USD | 0.80% |
| US Total Credit Market Assets Held by Domestic Financial Sectors | Q2 2025 | 71.26T USD | 0.98% |
| US Total Credit Market Debt Owed | Q2 2025 | 104.10T USD | 0.85% |
Upcoming Reports
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Dec 5 2025, 08:30 EST |
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Dec 5 2025, 12:30 EST |
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Dec 5 2025, 16:15 EST |
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