Annual transactions from unpublished BEA data on nonfinancial corporate research and development consumption of fixed capital (a portion of Fixed Asset Table 4.4 Current-Cost Depreciation of Private Nonresidential Fixed Assets by Industry Group and Legal Form of Organization; line 40, Corporate nonfinancial, Intellectual property products). Annual transactions are converted to seasonally adjusted quarterly transactions by calculating the ratio of the above series to NIPA, Table 1.14 Gross Value Added of Domestic Corporate Business in Current Dollars and Gross Value Added of Nonfinancial Domestic Corporate Business in Current and Chained Dollars, line 18, Nonfinancial corporate business, Consumption of fixed capital (annual); multiplied by line 18, Nonfinancial corporate business, Consumption of fixed capital (quarterly). Unadjusted transactions are calculated as transactions at a seasonally adjusted annual rate divided by 4. Series has no levels.
Last edited on: 09/18/2013