L.4.s Net Stocks of Fixed Assets, current cost
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2018 2019 2020 2019 Q3 2019 Q4 2020 Q1 2020 Q2 2020 Q3 2020 Q4 Line
All domestic sectors; gross fixed investment, current cost basis FL885019865 62902.5 65196.4 67418.4 64761.2 65196.4 65709.3 65835.7 66727.1 67418.4 1
All domestic sectors; gross fixed investment, structures, current cost basis FL885019665 50282.3 52063.1 53865.5 51723.3 52063.1 52455.3 52486.8 53288.3 53865.5 2
All domestic sectors; gross fixed investment, equipment, current cost basis FL885019265 8109.8 8372.6 8510.8 8311.9 8372.6 8430.6 8446.3 8480.5 8510.8 3
All domestic sectors; nonresidential intellectual property products, current cost basis FL885013765 4510.3 4760.7 5042.2 4726.0 4760.7 4823.4 4902.5 4958.4 5042.2 4
All domestic sectors; nonresidential software, current cost basis FL885013365 803.7 858.6 915.9 852.7 858.6 871.0 885.4 897.8 915.9 5
All domestic sectors; nonresidential research and development, current cost basis FL885013465 3178.9 3356.3 3575.5 3331.0 3356.3 3401.9 3458.6 3511.7 3575.5 6
Private domestic sectors; nonresidential entertainment, literary, and artistic originals, current cost basis FL835013565 527.7 545.8 550.7 542.3 545.8 550.5 558.5 548.8 550.7 7
All domestic sectors; gross fixed investment, current cost basis FL885019865 62902.5 65196.4 67418.4 64761.2 65196.4 65709.3 65835.7 66727.1 67418.4 8
Households and nonprofit organizations; structures, equipment, and intellectual property products, current cost basis (Fixed assets basis) FL155015015 20734.1 21503.1 22720.8 21313.4 21503.1 21700.2 21790.7 22300.0 22720.8 9
Nonfinancial corporate business; structures, equipment, and intellectual property products, current cost basis (includes used car premium and REITs residential structures) (1) FL105015085 17776.3 18458.3 18831.3 18348.8 18458.3 18609.7 18659.1 18746.0 18831.3 10
Nonfinancial noncorporate business; structures, equipment, and intellectual property products, current cost basis (NIPA basis) FL115015005 7245.9 7456.0 7636.3 7414.0 7456.0 7489.1 7482.0 7569.6 7636.3 11
Federal government; nonfinancial assets (does not include land) FL315015005 3522.1 3604.2 3707.5 3587.1 3604.2 3624.4 3639.5 3669.6 3707.5 12
State and local governments; net fixed investment (NIPA basis) FL215015005 11606.1 12078.0 12398.4 12013.6 12078.0 12175.7 12153.5 12323.9 12398.4 13
Domestic financial sectors; nonfinancial assets (does not include land) (2) FL795013865 2018.0 2096.7 2124.2 2084.3 2096.7 2110.3 2110.9 2118.0 2124.2 14
Monetary authority; nonresidential structures, equipment, and intellectual property products, current cost basis FL715013865 10.6 10.7 10.6 10.7 10.7 10.7 10.6 10.6 10.6 15
Private depository institutions; nonresidential structures, equipment, and intellectual property products, current cost basis FL705013865 447.5 468.3 477.9 464.8 468.3 472.3 473.3 475.7 477.9 16
U.S.-chartered depository institutions; nonresidential structures, equipment, and intellectual property products, current cost basis FL765013865 325.9 352.3 359.6 347.0 352.3 355.3 356.0 357.9 359.6 17
Foreign banking offices in the U.S.; nonresidential structures, equipment, and intellectual property products, current cost basis FL755013865 48.8 54.7 55.8 53.4 54.7 55.1 55.2 55.5 55.8 18
Banks in U.S.-affiliated areas; nonresidential structures, equipment, and intellectual property products, current cost basis FL745013865 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 1.7 19
Credit unions; nonresidential structures, equipment, and intellectual property products, current cost basis FL475013865 71.2 59.7 60.9 62.8 59.7 60.2 60.3 60.6 60.9 20
Property-casualty insurance companies; nonresidential structures, equipment, and intellectual property products, current cost basis FL515013865 157.2 162.8 164.8 162.1 162.8 163.7 163.8 164.2 164.8 21
Life insurance companies; nonresidential structures, equipment, and intellectual property products, current cost basis FL545013865 129.5 134.5 136.9 133.9 134.5 135.4 135.6 136.2 136.9 22
Private pension funds; nonresidential structures, equipment, and intellectual property products, current cost basis FL575013865 3.3 2.5 2.5 2.7 2.5 2.5 2.5 2.5 2.5 23
State and local government employee retirement funds; nonresidential structures, equipment, and intellectual property products, current cost basis FL225013865 5.5 6.5 6.5 6.3 6.5 6.5 6.5 6.5 6.5 24
Government-sponsored enterprises; nonresidential structures, equipment, and intellectual property products, current cost basis FL405013865 5.3 5.0 5.0 5.1 5.0 5.0 5.0 5.0 5.0 25
Issuers of asset-backed securities; consumer leases FL675013263 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26
Finance companies; nonresidential structures, equipment, and intellectual property products excluding securitized equipment, current cost basis FL615013865 492.2 505.8 507.2 503.3 505.8 507.9 506.7 507.2 507.2 27
Real estate investment trusts; nonresidential structures, equipment, and intellectual property products, current cost basis (1) FL125013865 170.8 182.7 187.8 180.3 182.7 184.7 185.4 186.7 187.8 28
Security brokers and dealers; nonresidential structures, equipment, and intellectual property products, current cost basis FL665013865 197.4 210.7 219.3 208.3 210.7 213.6 215.1 217.2 219.3 29
Holding companies; nonresidential structures, equipment, and intellectual property products, current cost basis FL735013865 398.6 407.2 405.7 406.8 407.2 407.9 406.4 406.1 405.7 30
Eqtuity real estate investment trusts; residential structures, current cost basis (1) FL125012665 200.9 203.9 203.4 202.4 203.9 205.4 206.3 205.2 203.4 31
Households and nonprofit organizations; consumer durable goods, current cost basis (3) FL155111005 5521.7 5750.1 6181.2 5710.9 5750.1 5798.2 5818.2 6064.0 6181.2 32
Nonfinancial business; inventories (4) FL145020005 2832.3 2879.1 2827.1 2841.3 2879.1 2808.2 2711.0 2761.7 2827.1 33

NOTES

  1. Equity REIT residential structures are included with the nonfinancial corporate business sector, consistent with their treatment in the NIPAs. In the Financial Accounts, equity REIT residential structures are included with the financial business sector.
  2. Domestic financial subsector detail, including REITs, are based on FRB staff estimates.
  3. Consumer durable goods are not included above, consistent with their treatment in the NIPAs. In Financial Accounts, consumer durables are included in household sector fixed investment (table B.101, line 8).
  4. Not included above.
Last Update: March 11, 2021