Annual transactions computed as one third of BEA, Fixed Asset Table 3.7E Investment in Private Equipment by Industry, line 54, Finance and insurance, Funds, trusts, and other financial vehicles. Annual transactions are converted to seasonally adjusted quarterly transactions by calculating the ratio of the above series, to NIPA, Table 1.1.5 Gross Domestic Product, line 11, Private domestic, Nonresidential, Equipment (annual); multiplied by line 11, Private domestic, Nonresidential, Equipment (quarterly). Unadjusted transactions are calculated as transactions at a seasonally adjusted annual rate divided by 4. Series has no levels.
Last edited on: 09/17/2013