S.5.a Nonfinancial Corporate Business (1)
Billions of dollars
Description Series code 2009 2010 2011 2012 2013 2014 2015 2016 Line
Nonfinancial corporate business; gross value added FA106902501 6859.8 7238.7 7592.3 8011.9 8305.2 8716.9 9059.3 9165.4 1
Nonfinancial corporate business; consumption of fixed capital, structures, equipment, and intellectual property products, including equity REIT residential structures (NIPA basis) FA106300083 1092.0 1094.6 1139.2 1186.2 1228.2 1285.7 1336.1 1364.9 2
Nonfinancial corporate business; net value added FA106902605 5767.8 6144.2 6453.1 6825.7 7077.0 7431.2 7723.3 7800.5 3
Nonfinancial corporate business; compensation of employees paid FA106025005 4088.4 4158.7 4363.4 4593.3 4749.7 5004.2 5269.3 5406.9 4
Nonfinancial corporate business; wages and salaries paid FA106020001 3377.5 3446.1 3622.9 3826.4 3955.2 4182.1 4412.3 4539.1 5
Nonfinancial corporate business; employers' social contributions paid FA106401001 710.9 712.6 740.4 766.9 794.4 822.1 857.0 867.8 6
Nonfinancial corporate business; taxes on production and imports less subsidies, payable FA106240101 605.9 633.0 670.6 690.4 721.5 746.6 764.6 783.0 7
Nonfinancial corporate business; operating surplus, net FA106402101 1073.5 1352.5 1419.1 1542.0 1605.8 1680.4 1689.4 1610.6 8
Nonfinancial corporate business; net national income/balance of primary incomes, net FA106140005 630.6 907.3 903.4 917.3 1020.1 1003.0 933.9 827.0 9
Nonfinancial corporate business; operating surplus, net FA106402101 1073.5 1352.5 1419.1 1542.0 1605.8 1680.4 1689.4 1610.6 10
Nonfinancial corporate business; property income (received) FA106150105 563.8 580.3 549.6 531.0 541.1 544.2 549.7 578.0 11
Nonfinancial corporate business; interest received FA106130101 214.6 177.5 176.3 162.2 150.9 150.8 152.6 162.2 12
Nonfinancial corporate business; dividends received FA106121101 139.0 134.4 94.8 106.9 100.6 102.1 124.4 131.4 13
Nonfinancial corporate business; reinvested earnings on U.S. direct investment abroad; received FA103092201 210.2 268.3 278.5 261.8 289.6 291.3 272.8 284.3 14
Nonfinancial corporate business; uses of property income (paid) FA106150005 1006.8 1025.4 1065.3 1155.7 1126.8 1221.6 1305.2 1361.6 15
Nonfinancial corporate business; interest paid FA106130001 480.0 444.5 444.3 438.2 410.3 418.8 442.2 445.1 16
Nonfinancial corporate business; dividends paid FA106121001 490.4 509.9 535.8 624.8 632.5 700.5 776.1 816.7 17
Nonfinancial corporate business; reinvested earnings on foreign direct investment in U.S.; paid FA103192201 18.1 51.8 63.5 70.2 61.8 78.7 67.6 81.8 18
Nonfinancial corporate business; rents paid FA106112001 18.3 19.2 21.7 22.5 22.1 23.5 19.3 18.1 19
Nonfinancial corporate business; net national income/balance of primary incomes, net FA106140005 630.6 907.3 903.4 917.3 1020.1 1003.0 933.9 827.0 20
Nonfinancial corporate business; current taxes on income, wealth, etc. paid FA106220001 177.8 220.6 228.8 266.7 283.6 291.8 281.1 274.1 21
Nonfinancial corporate business; other current transfers paid FA106403001 71.8 83.3 90.4 93.9 94.7 92.1 104.6 85.6 22
Nonfinancial corporate business; disposable income, net; net saving (IMA Q4) FA106012095 381.0 603.5 584.2 556.7 641.8 619.2 548.2 467.3 23
Nonfinancial corporate business; disposable income, net; net saving (IMA Q4) FA106012095 381.0 603.5 584.2 556.7 641.8 619.2 548.2 467.3 24
Nonfinancial corporate business; net saving excluding foreign earnings retained abroad less net capital transfers paid FA106006385 342.7 582.5 590.6 573.7 647.5 625.8 551.4 464.6 25
Nonfinancial corporate business; disposable income, net; net saving (IMA Q4) FA106012095 381.0 603.5 584.2 556.7 641.8 619.2 548.2 467.3 26
Nonfinancial corporate business; net capital transfers paid FA105440005 38.3 20.9 -6.4 -17.0 -5.7 -6.7 -3.2 2.6 27
Nonfinancial corporate business; capital formation, net (includes equity REITs) (IMA) FA105050985 -74.6 143.3 199.1 320.3 351.8 421.9 464.2 314.4 28
Nonfinancial corporate business; gross fixed capital formation with equity REITs (IMA) FA105019085 1141.9 1181.0 1303.9 1439.9 1505.0 1635.8 1674.2 1641.2 29
Nonfinancial corporate business; consumption of fixed capital, structures, equipment, and intellectual property products, including equity REIT residential structures (NIPA basis) FA106300083 1092.0 1094.6 1139.2 1186.2 1228.2 1285.7 1336.1 1364.9 30
Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) (IMA) FA105420095 6.3 -1.1 -0.5 0.8 1.4 1.7 29.6 7.5 31
Nonfinancial corporate business; inventories including IVA FA105020005 -130.8 57.9 34.9 65.8 73.6 70.1 96.4 30.6 32
Nonfinancial corporate business; net lending (+) or borrowing (-) (capital account), includes statistical discrepancy FA105000905 417.2 439.3 391.4 253.4 295.7 203.9 87.1 150.2 33
Nonfinancial corporate business; net lending (+) or borrowing (-) (capital account), includes statistical discrepancy FA105000905 417.2 439.3 391.4 253.4 295.7 203.9 87.1 150.2 34
Nonfinancial corporate business; total financial assets FA104090005 299.8 632.7 496.8 506.3 989.6 922.7 1455.0 1301.2 35
Nonfinancial corporate business; total currency and deposits; asset FA104000005 254.5 148.6 38.3 2.8 149.7 15.3 33.4 189.0 36
Nonfinancial corporate business; checkable deposits and currency; asset FA103020005 70.8 79.6 30.8 -31.0 71.8 41.1 67.0 140.0 37
Nonfinancial corporate business; total time and savings deposits; asset FA103030003 176.9 59.9 13.2 33.3 35.8 -18.0 -16.2 43.9 38
Nonfinancial corporate business; private foreign deposits; asset FA103091003 6.8 9.1 -5.8 0.6 42.1 -7.8 -17.4 5.2 39
Nonfinancial corporate business; debt securities; asset FA104022005 16.3 15.6 -8.5 -12.5 -13.2 11.5 -5.4 25.4 40
Nonfinancial corporate business; commercial paper; asset FA103069100 -1.3 12.0 -0.1 -8.4 -6.6 3.7 -1.5 4.6 41
Nonfinancial corporate business; Treasury securities; asset FA103061103 12.5 5.1 -5.1 -3.5 -0.6 2.9 -3.6 2.4 42
Nonfinancial corporate business; agency- and GSE-backed securities; asset (2) FA103061703 4.2 1.7 -1.7 -1.2 -4.2 5.0 -1.2 0.8 43
Nonfinancial corporate business; municipal securities; asset FA103062003 0.9 -3.2 -1.6 0.6 -1.7 0.1 0.9 17.6 44
Nonfinancial corporate business; total loans including security repurchase agreements; asset FA104035005 -7.1 0.2 2.1 -4.0 -4.0 15.9 29.1 18.4 45
Nonfinancial corporate business; loans including security repurchase agreements, excluding mortgages; asset FA104041005 -3.0 1.7 2.6 -2.1 -5.6 14.0 6.9 12.3 46
Nonfinancial corporate business; total mortgages; asset FA103065003 -4.1 -1.6 -0.6 -1.9 1.6 1.9 22.1 6.1 47
Nonfinancial corporate business; equity and investment fund shares; asset FA103081005 223.2 178.8 360.2 357.1 346.4 342.4 282.3 139.8 48
Nonfinancial corporate business; money market mutual fund shares; asset FA103034003 -71.4 -157.7 -35.4 42.5 31.4 21.9 18.6 -89.0 49
Nonfinancial corporate business; mutual fund shares; asset FA103064203 35.3 11.1 -12.8 -5.9 3.4 15.2 7.4 -10.3 50
Nonfinancial corporate business; U.S. direct investment abroad; asset FA103092005 268.6 298.6 400.1 317.9 296.9 291.1 260.4 253.8 51
Nonfinancial corporate business; equity in Fannie Mae and Farm Credit System; asset (2) FA103092405 0.0 0.1 -0.0 0.0 0.0 0.1 0.1 0.1 52
Nonfinancial corporate business; equity investment in finance company subsidiaries; asset FA103094105 -9.3 26.7 8.4 2.6 14.7 14.1 -4.1 -14.8 53
Nonfinancial corporate business; insurance receivables due from property-casualty insurance companies; asset (3) FA103076005 -4.0 11.7 12.3 8.0 -6.0 10.4 2.3 6.6 54
Nonfinancial corporate business; other accounts receivable; asset FA103096005 -183.1 277.9 92.5 154.8 516.7 527.1 1113.4 921.9 55
Nonfinancial corporate business; trade receivables; asset FA103070005 -29.5 96.9 83.5 52.7 261.6 104.0 0.1 128.3 56
Nonfinancial corporate business; unidentified miscellaneous assets FA103093005 -153.6 181.0 8.9 102.1 255.1 423.1 1113.3 793.6 57
Nonfinancial corporate business; total liabilities FA104190005 -248.7 487.6 894.3 985.5 926.5 1382.2 1317.5 1120.6 58
Nonfinancial corporate business; debt securities; liability FA104122005 175.7 235.6 203.5 352.1 294.0 310.6 408.0 292.3 59
Nonfinancial corporate business; commercial paper; liability FA103169100 -73.1 24.5 33.4 14.0 14.2 37.5 -5.4 4.1 60
Nonfinancial corporate business; municipal securities; liability FA103162000 37.5 33.3 8.2 13.8 2.0 -0.2 14.7 17.5 61
Nonfinancial corporate business; corporate bonds; liability FA103163003 211.3 177.8 161.9 324.2 277.9 273.4 398.7 270.7 62
Nonfinancial corporate business; loans; liability FA104123005 -506.9 -283.2 122.4 -62.8 100.7 95.0 101.6 109.3 63
Nonfinancial corporate business; short-term loans; liability FA104141005 -394.8 -177.5 212.3 67.9 115.4 133.3 60.6 64.5 64
Nonfinancial corporate business; depository institution loans n.e.c.; liability FA103168005 -234.0 -87.0 152.1 101.5 73.8 70.3 78.1 50.1 65
Nonfinancial corporate business; other loans and advances; liability FA103169005 -160.8 -90.4 60.2 -33.5 41.7 63.1 -17.5 14.4 66
Nonfinancial corporate business; total mortgages; liability FA103165005 -112.1 -105.7 -89.8 -130.7 -14.8 -38.3 41.0 44.8 67
Nonfinancial corporate business; equity and investment fund shares; liability FA103181005 60.8 -88.9 -255.8 -155.7 -165.8 -209.3 -113.5 -194.6 68
Nonfinancial corporate business; corporate equities; liability FA103164103 -51.2 -250.7 -454.6 -344.9 -352.9 -394.5 -549.6 -581.4 69
Nonfinancial corporate business; foreign direct investment in U.S.; liability FA103192005 111.9 161.7 198.8 189.2 187.1 185.2 436.2 386.8 70
Nonfinancial corporate business; retirement entitlements; liability (IMA) FA103152025 29.7 -5.3 -1.2 -1.2 133.4 49.1 115.4 43.8 71
Private pension funds; pension fund contributions receivable; asset FA573074005 -8.6 15.4 3.0 -12.3 -2.5 -2.9 15.2 5.6 72
Private defined benefit pension funds; claims of pension fund on sponsor; asset FA573073005 38.3 -20.7 -4.1 11.1 135.8 51.9 100.3 38.2 73
Nonfinancial corporate business; other accounts payable; liability FA103196005 -7.9 629.5 825.3 853.2 564.2 1136.7 806.0 869.9 74
Nonfinancial corporate business; trade payables; liability FA103170005 -82.6 156.3 25.2 65.5 101.2 150.1 2.6 99.6 75
Nonfinancial corporate business; taxes payable; liability FA103178000 -3.3 7.2 8.8 2.3 -9.1 -1.4 -1.3 9.6 76
Nonfinancial corporate business; unidentified miscellaneous liabilities FA103193005 77.9 466.0 791.3 785.3 472.1 988.1 804.7 760.7 77
Nonfinancial corporate business; net lending (+) or borrowing (-) (financial account) FA105000005 548.5 145.2 -397.5 -479.2 63.1 -459.5 137.5 180.5 78
Nonfinancial corporate business; total other volume changes (IMA) FV108090105 -65.2 205.2 -60.0 -419.3 200.5 -119.1 622.8 683.3 79
Nonfinancial corporate business; nonfinancial assets FV102010005 0.0 0.0 0.0 -6.9 0.0 0.0 0.0 0.0 80
Nonfinancial corporate business; other volume changes, excluding disaster losses (IMA) FV108090085 -189.8 458.4 660.7 306.0 436.5 548.4 624.8 655.7 81
Nonfinancial corporate business; statistical discrepancy (IMA) (4) FU107005045 -131.2 294.1 789.0 732.6 232.7 663.4 -50.4 -30.3 82
Nonfinancial corporate business; inventory valuation adjustment (IVA) FU105020601 6.7 -41.0 -68.3 -14.2 3.3 4.1 52.4 2.7 83
Nonfinancial corporate business; nonfinancial assets FR102010005 -2301.3 462.9 592.0 505.7 1194.3 932.5 796.0 634.7 84
Nonfinancial corporate business; real estate at market value FR105035005 -2319.8 330.3 453.8 461.8 1130.1 972.6 863.9 614.0 85
Nonfinancial corporate business; equipment, current cost basis FR105015205 -16.1 41.1 76.6 13.5 29.0 -57.6 -38.9 -5.0 86
Nonfinancial corporate business; nonresidential intellectual property products, current cost basis FR105013765 3.1 22.5 27.9 19.9 41.1 21.0 20.7 -14.7 87
Nonfinancial corporate business; inventories excluding IVA, current cost basis FR105020015 31.6 69.1 33.7 10.5 -5.9 -3.4 -49.7 40.3 88
Nonfinancial corporate business; financial assets with revaluations with corporate farms (IMA) FR108080095 -71.3 -136.8 -33.0 50.1 -38.4 -33.0 -56.7 36.7 89
Nonfinancial corporate business; mutual fund shares; asset FR103064203 20.4 13.6 -8.1 19.4 28.1 8.7 -6.2 12.7 90
Nonfinancial corporate business; U.S. direct investment abroad; asset FR103092005 -91.7 -150.5 -25.0 30.7 -66.4 -41.6 -50.4 24.0 91
Nonfinancial corporate business; revaluation of equity and insurance, pension and standardized guarantee schemes; liability (IMA) FR104190085 2203.1 1733.0 235.1 1804.8 5040.6 2453.5 -566.0 2181.8 92
Nonfinancial corporate business; corporate equities; liability FR103164103 2665.1 1926.7 308.2 2025.5 5371.7 2611.3 -542.6 2316.7 93
Nonfinancial corporate business; foreign direct investment in U.S.; liability FR103192005 -215.0 -13.9 -72.8 -40.5 -5.0 -4.9 -67.0 -21.3 94
Nonfinancial corporate business; retirement entitlements; liability (IMA) FR103152025 -247.1 -179.8 -0.3 -180.1 -326.1 -152.9 43.6 -113.6 95
Nonfinancial corporate business; changes in net worth due to nominal holding gains/losses (IMA) FR108200005 -4575.6 -1406.9 323.8 -1249.0 -3884.7 -1554.0 1305.3 -1510.5 96
Nonfinancial corporate business; net worth (IMA) (5) FC102090085 -4298.2 -619.1 854.4 -1094.6 -3036.7 -1047.2 2479.5 -362.5 97
Nonfinancial corporate business; total assets FL102000005 27333.7 28713.8 30073.5 31476.7 34160.1 36504.9 39113.3 41460.7 98
Nonfinancial corporate business; nonfinancial assets (6) LM102010005 14016.3 14697.0 15564.6 16388.3 17899.4 19234.9 20398.6 21353.5 99
Nonfinancial corporate business; real estate at market value LM105035005 6917.8 7301.6 7800.1 8329.5 9530.2 10632.7 11608.6 12325.9 100
Nonfinancial corporate business; equipment, current cost basis LM105015205 3793.1 3853.6 4008.0 4139.4 4287.4 4370.3 4480.1 4587.3 101
Nonfinancial corporate business; nonresidential intellectual property products, current cost basis LM105013765 1600.7 1669.1 1746.9 1819.4 1917.4 2004.8 2088.5 2150.7 102
Nonfinancial corporate business; inventories excluding IVA, current cost basis LM105020015 1704.6 1872.7 2009.6 2100.0 2164.4 2227.0 2221.4 2289.6 103
Nonfinancial corporate business; total financial assets FL104090005 13317.5 14016.8 14508.9 15088.4 16260.7 17269.9 18714.6 20107.2 104
Nonfinancial corporate business; total currency and deposits; asset FL104000005 675.2 823.8 862.1 864.9 1014.7 1030.0 1063.4 1252.4 105
Nonfinancial corporate business; checkable deposits and currency; asset FL103020005 154.9 234.5 265.3 234.3 306.1 347.2 414.2 554.2 106
Nonfinancial corporate business; total time and savings deposits; asset FL103030003 488.8 548.7 561.9 595.2 631.1 613.1 596.9 640.8 107
Nonfinancial corporate business; private foreign deposits; asset FL103091003 31.5 40.6 34.8 35.4 77.5 69.7 52.3 57.5 108
Nonfinancial corporate business; debt securities; asset FL104022005 140.4 155.9 147.4 135.0 121.8 133.3 127.9 153.4 109
Nonfinancial corporate business; commercial paper; asset FL103069100 56.0 68.0 67.9 59.5 52.9 56.5 55.0 59.7 110
Nonfinancial corporate business; Treasury securities; asset FL103061103 43.0 48.0 43.0 39.4 38.8 41.7 38.0 40.4 111
Nonfinancial corporate business; agency- and GSE-backed securities; asset (2) FL103061703 14.3 16.0 14.3 13.1 8.9 13.9 12.7 13.5 112
Nonfinancial corporate business; municipal securities; asset FL103062003 27.1 23.9 22.3 22.9 21.2 21.2 22.2 39.8 113
Nonfinancial corporate business; total loans including security repurchase agreements; asset FL104035005 80.6 84.5 86.6 82.6 78.6 94.5 123.6 142.0 114
Nonfinancial corporate business; loans including security repurchase agreements, excluding mortgages; asset FL104041005 51.1 56.5 59.2 57.1 51.5 65.5 72.4 84.7 115
Nonfinancial corporate business; security repurchase agreements; asset FL102051003 7.9 12.1 12.6 9.7 8.7 21.7 27.8 40.9 116
Nonfinancial corporate business; consumer credit; asset FL103066005 43.2 44.4 46.6 47.4 42.8 43.8 44.6 43.8 117
Nonfinancial corporate business; total mortgages; asset FL103065003 29.5 28.0 27.4 25.5 27.1 29.0 51.2 57.3 118
Nonfinancial corporate business; equity and investment fund shares; asset FL103081005 4258.2 4263.0 4590.2 4997.3 5305.4 5614.9 5840.8 6017.3 119
Nonfinancial corporate business; money market mutual fund shares; asset FL103034003 655.5 497.8 462.4 504.9 536.3 558.2 576.8 487.9 120
Nonfinancial corporate business; mutual fund shares; asset LM103064203 162.0 186.8 165.9 179.3 210.7 234.6 235.7 238.1 121
Nonfinancial corporate business; U.S. direct investment abroad; asset LM103092005 3369.0 3517.1 3892.3 4240.9 4471.3 4720.8 4930.7 5208.5 122
Nonfinancial corporate business; equity in Fannie Mae and Farm Credit System; asset (2) FL103092405 0.4 0.6 0.5 0.6 0.6 0.7 0.8 0.9 123
Nonfinancial corporate business; equity investment in finance company subsidiaries; asset FL103094105 71.2 60.7 69.1 71.7 86.4 100.5 96.7 81.9 124
Nonfinancial corporate business; insurance receivables due from property-casualty insurance companies; asset (3) FL103076005 307.0 318.7 331.0 339.0 333.0 343.3 345.6 352.2 125
Nonfinancial corporate business; other accounts receivable; asset FL103096005 7856.1 8370.8 8491.7 8669.5 9407.2 10053.9 11213.3 12189.9 126
Nonfinancial corporate business; trade receivables; asset FL103070005 2064.5 2157.6 2241.1 2293.9 2555.5 2659.5 2659.6 2787.9 127
Nonfinancial corporate business; unidentified miscellaneous assets FL103093005 5791.6 6213.2 6250.5 6375.7 6851.8 7394.4 8553.7 9402.0 128
Nonfinancial corporate business; total liabilities and net worth (IMA) FL102100085 27333.7 28713.8 30073.5 31476.7 34160.1 36504.9 39113.3 41460.7 129
Nonfinancial corporate business; total liabilities and equity FL104194005 25129.7 27128.9 27634.2 30132.0 35852.1 39244.1 39373.0 42082.9 130
Nonfinancial corporate business; debt securities; liability FL104122005 3722.6 3958.2 4161.8 4513.8 4807.9 5118.5 5526.5 5818.8 131
Nonfinancial corporate business; commercial paper; liability FL103169100 58.4 82.9 116.3 130.3 144.5 182.0 176.5 180.7 132
Nonfinancial corporate business; municipal securities; liability FL103162000 471.6 504.9 513.1 526.9 528.9 528.7 543.4 560.9 133
Nonfinancial corporate business; corporate bonds; liability FL103163003 3192.6 3370.4 3532.4 3856.6 4134.4 4407.8 4806.5 5077.2 134
Nonfinancial corporate business; loans; liability FL104123005 2442.1 2092.0 2214.5 2195.2 2280.3 2375.8 2467.0 2571.7 135
Nonfinancial corporate business; short-term loans; liability FL104141005 1684.8 1425.3 1637.6 1749.0 1848.9 1982.2 2026.1 2090.6 136
Nonfinancial corporate business; depository institution loans n.e.c.; liability FL103168005 545.8 477.1 629.2 712.1 785.8 856.0 935.8 985.8 137
Nonfinancial corporate business; other loans and advances; liability FL103169005 1139.0 948.1 1008.3 1036.9 1063.1 1126.2 1090.3 1104.7 138
Nonfinancial corporate business; total mortgages; liability FL103165005 757.2 666.7 576.9 446.2 431.4 393.6 440.9 481.1 139
Nonfinancial corporate business; equity and investment fund shares; liability FL103181005 14374.8 16198.6 16178.3 18007.5 23208.5 25605.6 24882.5 26983.3 140
Nonfinancial corporate business; corporate equities; liability LM103164103 12226.2 13902.2 13755.8 15436.3 20455.1 22672.0 21579.7 23314.9 141
Nonfinancial corporate business; foreign direct investment in U.S.; liability LM103192005 2148.6 2296.4 2422.5 2571.2 2753.3 2933.6 3302.8 3668.3 142
Nonfinancial corporate business; retirement entitlements; liability (IMA) FL103152025 551.4 528.3 591.6 459.3 351.0 252.8 446.2 431.8 143
Private pension funds; pension fund contributions receivable; asset FL573074005 75.4 90.8 93.8 81.4 79.0 76.1 91.3 96.9 144
Private defined benefit pension funds; claims of pension fund on sponsor; asset FL573073005 476.0 437.5 497.8 377.9 272.0 176.7 355.0 334.9 145
Nonfinancial corporate business; other accounts payable; liability FL103196005 4038.8 4351.7 4488.1 4956.2 5204.4 5891.4 6050.7 6277.4 146
Nonfinancial corporate business; trade payables; liability FL103170005 1590.1 1746.4 1771.6 1837.1 1938.3 2088.4 2091.0 2190.6 147
Nonfinancial corporate business; taxes payable; liability FL103178000 35.7 42.9 51.7 54.0 44.9 43.5 42.2 51.8 148
Nonfinancial corporate business; unidentified miscellaneous liabilities FL103193005 2413.1 2562.5 2664.9 3065.1 3221.2 3759.5 3917.5 4035.0 149
Nonfinancial corporate business; net worth (IMA) FL102090085 2204.0 1584.9 2439.3 1344.7 -1692.0 -2739.2 -259.7 -622.3 150

NOTES

  1. Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.
  2. Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in the fourth quarter of 2004.
  3. Net equity in reserves of property-casualty insurance companies.
  4. The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy reflects differences in source data, timing of recorded flows, and other statistical differences between the capital and financial accounts.
  5. Includes changes in the market value of shares and other equity that are excluded from the related measures for the nonfinancial corporate business sector in the Financial Accounts of the United States.
  6. Excludes nonproduced nonfinancial assets.
Last Update: September 21, 2017