Financial Accounts of the United States - Z.1
F.102 Nonfinancial Business (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2017 | 2018 | 2019 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial business; income before taxes | FA146110005 | 2995.2 | 2970.6 | 2992.0 | 2995.6 | 3014.9 | 2946.2 | 2988.3 | 2999.6 | 3033.9 | 1 |
| Nonfinancial business; gross saving less net capital transfers paid | FA146000105 | 2099.7 | 2448.4 | 2525.3 | 2421.5 | 2480.6 | 2441.3 | 2530.4 | 2535.4 | 2594.2 | 2 |
| Nonfinancial business; gross investment | FA145090005 | 2286.8 | 2413.9 | 2271.5 | 1515.5 | 2343.8 | 1053.4 | 2194.8 | 2914.4 | 2923.6 | 3 |
| Nonfinancial business; total capital expenditures | FA145050005 | 2287.3 | 2479.4 | 2551.0 | 2530.8 | 2571.4 | 2608.3 | 2567.2 | 2544.1 | 2484.4 | 4 |
| Nonfinancial business; gross fixed investment | FA145019005 | 2256.7 | 2425.8 | 2481.7 | 2445.2 | 2471.0 | 2490.2 | 2492.2 | 2477.0 | 2467.6 | 5 |
| Nonfinancial business; gross fixed investment, residential equipment and structures | FA145012005 | 129.5 | 128.7 | 119.4 | 129.1 | 130.2 | 121.0 | 120.0 | 117.1 | 119.4 | 6 |
| Nonfinancial business; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA145013005 | 2127.2 | 2297.1 | 2362.4 | 2316.1 | 2340.9 | 2369.2 | 2372.2 | 2359.9 | 2348.2 | 7 |
| Nonfinancial business; inventories | FA145020005 | 30.2 | 54.7 | 68.3 | 87.3 | 100.1 | 113.3 | 74.8 | 67.0 | 17.9 | 8 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FA105420005 | 0.4 | -1.1 | 1.0 | -1.7 | 0.3 | 4.7 | 0.2 | 0.1 | -1.1 | 9 |
| Nonfinancial business; net lending (+) or borrowing (-) (financial account) | FA145000005 | -0.5 | -65.5 | -279.5 | -1015.3 | -227.6 | -1554.9 | -372.4 | 370.2 | 439.2 | 10 |
| Nonfinancial business; total financial assets | FA144090005 | 975.9 | 845.9 | 1216.0 | 505.9 | 954.6 | 426.7 | 1232.0 | 1760.1 | 1445.0 | 11 |
| Nonfinancial corporate business; private foreign deposits; asset | FA103091003 | 119.0 | -127.5 | 2.3 | -346.0 | -108.3 | 4.6 | 40.7 | -59.0 | 22.9 | 12 |
| Nonfinancial business; checkable deposits and currency; asset | FA143020005 | 8.3 | 73.1 | 237.4 | 173.9 | 74.7 | -187.8 | 389.1 | 569.4 | 178.8 | 13 |
| Nonfinancial business; total time and savings deposits; asset | FA143030005 | 56.0 | 73.2 | 114.4 | 96.7 | 92.8 | 126.7 | 114.9 | 105.5 | 110.5 | 14 |
| Nonfinancial business; money market fund shares; asset | FA143034005 | 18.7 | -0.6 | 118.2 | -27.7 | 22.2 | 88.3 | 107.9 | 130.3 | 146.2 | 15 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | -50.7 | -25.6 | -5.5 | -13.8 | 5.1 | -9.5 | -6.9 | -0.5 | -4.8 | 16 |
| Nonfinancial business; debt securities; asset | FA144022005 | 34.2 | 11.7 | 63.0 | -25.0 | 120.3 | 6.4 | 52.6 | 102.5 | 90.7 | 17 |
| Nonfinancial corporate business; commercial paper; asset | FA103069100 | -8.8 | 31.7 | 86.9 | 15.0 | 110.7 | -7.6 | 89.0 | 121.0 | 145.2 | 18 |
| Nonfinancial business; Treasury securities; asset | FA143061105 | 35.0 | -13.5 | -17.0 | -28.5 | 8.9 | 11.5 | -26.6 | -13.0 | -40.0 | 19 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FA103061703 | 10.0 | -6.8 | -6.9 | -11.4 | 0.2 | 2.3 | -9.7 | -5.8 | -14.5 | 20 |
| Nonfinancial business; municipal securities; asset | FA143062005 | -2.1 | 0.3 | 0.1 | -0.1 | 0.5 | 0.2 | -0.1 | 0.2 | -0.0 | 21 |
| Nonfinancial business; loans; asset | FA144023005 | 4.4 | 5.1 | 4.6 | -9.0 | 34.6 | -3.8 | -8.5 | -6.7 | 37.6 | 22 |
| Nonfinancial business; total mortgages; asset | FA143065005 | 5.5 | 5.1 | 4.6 | 3.4 | 7.4 | 4.6 | 3.9 | 5.1 | 4.9 | 23 |
| Nonfinancial business; consumer credit; asset | FA143066005 | -1.1 | 0.0 | 0.0 | -12.4 | 27.2 | -8.4 | -12.5 | -11.8 | 32.7 | 24 |
| Nonfinancial corporate business; corporate equities; asset | FA103064103 | -89.2 | -46.2 | -46.2 | -49.9 | -42.9 | -46.2 | -46.2 | -46.2 | -46.2 | 25 |
| Nonfinancial corporate business; mutual fund shares; asset | FA103064203 | 7.6 | -9.8 | -9.8 | -9.8 | -9.8 | -9.8 | -9.8 | -9.8 | -9.8 | 26 |
| Nonfinancial business; trade receivables; asset | FA143070005 | 220.0 | 214.3 | 134.1 | 342.8 | -66.9 | 327.5 | 220.7 | -39.3 | 27.6 | 27 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FA103092005 | 282.3 | -68.9 | 123.4 | 154.8 | 246.1 | -116.7 | 355.8 | 92.1 | 162.4 | 28 |
| Nonfinancial business; total miscellaneous assets | FA143090005 | 365.5 | 746.9 | 480.0 | 219.1 | 586.8 | 247.2 | 21.7 | 922.0 | 729.2 | 29 |
| Nonfinancial business; total liabilities and equity | FA144194005 | 976.5 | 911.3 | 1495.4 | 1521.2 | 1182.2 | 1981.6 | 1604.4 | 1389.9 | 1005.8 | 30 |
| Nonfinancial corporate business; debt securities; liability | FA104122005 | 320.5 | 140.1 | 258.8 | 212.5 | -6.1 | 473.5 | 241.8 | 381.9 | -62.1 | 31 |
| Nonfinancial corporate business; commercial paper; liability | FA103169100 | 25.9 | -10.2 | -1.5 | -3.8 | -143.3 | 88.3 | -61.1 | -9.9 | -23.5 | 32 |
| Nonfinancial corporate business; municipal securities; liability | FA103162000 | 13.7 | -4.3 | 14.5 | -11.1 | 7.7 | 18.4 | -4.5 | 13.8 | 30.2 | 33 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 281.0 | 154.6 | 245.8 | 227.3 | 129.5 | 366.8 | 307.4 | 378.0 | -68.8 | 34 |
| Nonfinancial business; loans; liability | FA144123005 | 485.3 | 463.1 | 478.0 | 436.4 | 725.4 | 574.0 | 424.1 | 499.7 | 414.3 | 35 |
| Nonfinancial business; depository institution loans n.e.c.; liability | FA143168005 | 81.2 | 173.5 | 47.1 | 22.0 | 403.6 | 114.9 | 107.1 | -13.6 | -20.1 | 36 |
| Nonfinancial business; other loans and advances; liability | FA143169005 | 151.2 | 12.4 | 138.4 | 175.5 | 41.8 | 200.0 | 112.4 | 121.0 | 120.4 | 37 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 252.9 | 277.2 | 292.4 | 239.0 | 280.0 | 259.1 | 204.6 | 392.3 | 313.9 | 38 |
| Nonfinancial corporate business; corporate equities; liability | FA103164103 | -320.8 | -529.7 | -408.5 | -185.6 | -751.4 | -690.5 | -147.0 | -470.7 | -326.0 | 39 |
| Nonfinancial business; trade payables; liability | FA143170005 | 154.3 | 222.9 | 155.9 | 296.9 | 61.4 | 327.5 | 152.7 | 66.9 | 76.5 | 40 |
| Nonfinancial business; taxes payable; liability | FA143178005 | 218.7 | -4.7 | -18.4 | 31.9 | 18.6 | -6.2 | -66.7 | 0.4 | -1.0 | 41 |
| Nonfinancial business; foreign direct investment in U.S.; liability | FA143192005 | 251.5 | 234.6 | 203.9 | 457.8 | 311.1 | 322.9 | 276.3 | 113.2 | 103.3 | 42 |
| Nonfinancial business; total miscellaneous liabilities | FA143190005 | -198.8 | 299.5 | 735.2 | 138.4 | 751.2 | 885.2 | 623.7 | 714.2 | 717.7 | 43 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business (net worth) | FA112090205 | 65.6 | 85.5 | 90.6 | 132.8 | 72.0 | 95.3 | 99.6 | 84.3 | 83.1 | 44 |
| Nonfinancial corporate business; sector discrepancy | FA107005005 | -187.1 | 34.5 | 253.8 | 906.0 | 136.8 | 1387.9 | 335.6 | -379.0 | -329.4 | 45 |
NOTES
- Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
Last Update: March 12, 2020