Financial flows beneath the macro tape
Sectoral Balances
Track how government deficits, private saving and the external balance offset one another across the U.S. economy.
The accounting identity
Every financial surplus has an offsetting deficit.
The balances always reconcile. The useful question is which sector is supplying or absorbing the financial assets—and how that mix is changing.
Latest complete quarter
Current balance map
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Normalized history
Who is lending and who is borrowing?
Quarterly balances as a share of nominal GDP. Positive values are net lending; negative values are net borrowing.
Inside the private balance
Households versus domestic business
These components add to the private-sector balance apart from small statistical discrepancies.
How to use it
Context, not a mechanical trading signal
A widening government deficit generally adds financial assets to the nongovernment sectors, while a current-account deficit transfers part of that support abroad. A rising private surplus can indicate healthier buffers—or defensive saving. Combine these slow quarterly flows with DailySlop’s live regime, breadth and sector leadership.