Year-end level from SOI Bulletin, annual article on Partnership Returns, table Balance Sheet, by Profit Status and Selected Industrial Group, sum of lines Mortgages, notes, and bonds payable in less than one year; Mortgages, notes, and bonds payable in one year or more; and Nonrecourse loans (total for all industries except Agriculture, forestry, fishing and hunting, and Finance and insurance). Year-end level also includes FOF estimate for mortgage debt held by sole proprietorships calculated as the ratio of mortgage debt to income from the FRB 2003 Survey of Small Business Finance multiplied by the year-end level from SOI Bulletin, annual article on Nonfarm Sole Proprietorships, table Income Statements, by Industrial Sectors, line Business receipts, total (total for all industries except Agriculture, forestry, fishing and hunting, and Finance and insurance). Series is converted to quarterly by linear interpolation. The ratio of home (excluding construction loans), multifamily, and commercial mortgage liabilities of noncorporate businesses calculated from the latest SOI date to home, multifamily, and commercial mortgage liabilities of all sectors, respectively, plus an estimate of noncorporate business 1-4 family construction loans ( FOF series FL113165185) is used to estimate data for mortgage liabilities in quarters going forward. Unadjusted transactions are the change in the level, less other volume changes. Other volume changes include charge-offs on one-to-four-family residential mortgage loans beginning 2007:Q1 which are estimated by the FOF section. Data for the most recent ten years show no significant seasonality.
Last edited on: 06/04/2014