Annual transactions computed as BEA, Fixed Asset Table 3.7S. Investment in Private Structures by Industry, line 54, Finance and Insurance, Funds, trusts, and other financial vehicles; multiplied by the ratio of state and local pension funds nonresidential structures at historical cost ( FOF series FL225035043) to nonresidential structures at historical cost of private pension funds and state and local pension funds at historical cost (sum of FOF series FL575035045 and FL225035043). Annual transactions are converted to seasonally adjusted quarterly transactions by calculating the ratio of the annual transactions to NIPA table 1.1.5 Gross Domestic Product, line 10, Private, Nonresidential, Structures (annual); multiplied by line 10, Private, Nonresidential, Structures (quarterly). Unadjusted transactions are calculated as transactions at a seasonally adjusted annual rate divided by 4. Series has no levels.
Last edited on: 09/13/2016