Year-end level computed as nonresidential fixed assets of nondepository institutions (unpublished BEA data); multiplied by the ratio of nonresidential fixed assets of GSEs at historical cost ( FOF series FL405013105) over nonresidential fixed assets of nondepository institutions at historical cost (unpublished BEA data); multiplied by the ratio of depository institutions fixed assets, nonresidential research and development (unpublished BEA data) over depository institutions fixed assets, nonresidential (unpublished BEA data). Other quarter's levels are derived from year-end level, plus the quarterly unadjusted transactions calculated as gross investment ( FOF series FU405013043) less depreciation ( FOF series FU406330043), plus an estimate of capital gains based on NIPA, Table 1.1.4 Price Indexes for Gross Domestic Product, line 12, Nonresidential, Intellectual property products.
Last edited on: 09/17/2013