Level is calculated after 1989:Q4 benchmark as the previous level, plus the unadjusted transactions, plus capital gains, plus other volume changes. The transactions are equal to the transactions of nonresidential structures ( FOF series FA115013665) less noncorporate farm business real estate ( FOF series FA235035005). Capital gains are calculated using a commercial real estate price index ( FOF series FI075035503). Other volume changes are from unpublished BEA data on nonfinancial noncorporate business disaster losses on nonresidential structures (a portion of NIPA, Table 5.1 Saving and Investment by Sector, line 60, Disaster losses, Domestic business), with the opposite sign.
Last edited on: 01/07/2014