S.4.a Nonfinancial Noncorporate Business (1)
Billions of dollars
Description Series code 2012 2013 2014 2015 2016 2017 2018 2019 Line
Nonfinancial noncorporate business; gross value added FA116902505 2977.1 3085.5 3255.2 3338.1 3364.5 3546.4 3729.4 3891.9 1
Nonfinancial noncorporate business; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis FA116300001 267.3 277.2 291.6 302.2 309.9 321.8 336.3 349.8 2
Nonfinancial noncorporate business; net value added FA116902605 2709.8 2808.3 2963.6 3035.9 3054.6 3224.7 3393.0 3542.1 3
Nonfinancial noncorporate business; compensation of employees paid FA116025001 874.4 905.9 949.3 1002.2 1035.7 1086.7 1143.2 1199.5 4
Nonfinancial noncorporate business; wages and salaries paid FA116020001 737.3 758.9 800.2 847.2 877.0 920.3 967.0 1016.6 5
Nonfinancial noncorporate business; employers' social contributions paid FA116401005 137.1 147.0 149.0 155.0 158.7 166.4 176.2 183.0 6
Nonfinancial noncorporate business; taxes on production and imports less subsidies, payable FA116240101 171.2 170.7 186.0 206.8 209.8 224.3 234.5 237.2 7
Nonfinancial noncorporate business; operating surplus, net FA116402105 1664.2 1731.7 1828.2 1827.0 1809.1 1913.7 2015.3 2105.4 8
Nonfinancial noncorporate business; net national income/balance of primary incomes, net FA116140001 24.4 24.4 26.1 23.0 19.0 27.3 24.8 21.3 9
Nonfinancial noncorporate business; operating surplus, net FA116402105 1664.2 1731.7 1828.2 1827.0 1809.1 1913.7 2015.3 2105.4 10
Nonfinancial noncorporate business; interest received FA116130101 19.0 18.1 24.4 24.6 19.7 21.4 23.6 24.4 11
Nonfinancial noncorporate business; uses of property income (paid) FA116150005 1658.7 1725.4 1826.6 1828.5 1809.8 1907.7 2014.0 2108.6 12
Nonfinancial noncorporate business; interest paid FA116130001 226.6 215.6 221.0 228.7 238.9 259.3 262.8 279.9 13
Nonfinancial noncorporate business; withdrawals from income of quasi-corporations, paid (2) FA116122001 1431.9 1509.6 1605.4 1599.6 1570.6 1648.2 1750.4 1827.8 14
Nonfinancial noncorporate business; reinvested earnings on foreign direct investment in U.S.; paid FA113192281 0.2 0.2 0.2 0.2 0.3 0.3 0.8 0.9 15
Nonfinancial noncorporate business; rents on land and natural resources paid FA116112001 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16
Nonfinancial noncorporate business; net national income/balance of primary incomes, net FA116140001 24.4 24.4 26.1 23.0 19.0 27.3 24.8 21.3 17
Nonfinancial noncorporate business; other current transfers paid FA116403001 24.4 24.4 26.1 23.0 19.0 27.3 24.8 21.3 18
Nonfinancial noncorporate business; disposable income, net; net saving FA116012005 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19
Nonfinancial noncorporate business; disposable income, net; net saving FA116012005 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20
Nonfinancial noncorporate business; net saving less net capital transfers paid FA116006305 4.9 0.0 -0.0 0.0 0.0 9.4 3.0 0.0 21
Nonfinancial noncorporate business; disposable income, net; net saving FA116012005 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22
Nonfinancial noncorporate business; net capital transfers paid FA115440005 -4.9 -0.0 0.0 0.0 0.0 -9.4 -3.0 0.0 23
Nonfinancial noncorporate business; capital formation, net FA115050985 20.2 64.2 72.1 80.5 65.4 70.5 83.4 80.2 24
Nonfinancial noncorporate business; gross fixed investment (IMA) FA115019085 289.8 320.0 354.1 362.8 374.8 393.0 415.3 431.4 25
Nonfinancial noncorporate business; nonresidential gross fixed capital formation FA115013085 221.2 240.3 265.1 261.0 262.1 273.7 290.5 303.1 26
Nonfinancial noncorporate business; gross fixed investment, residential equipment and structures FA115012005 68.5 79.7 89.0 101.8 112.7 119.3 124.9 128.3 27
Nonfinancial noncorporate business; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis FA116300001 267.3 277.2 291.6 302.2 309.9 321.8 336.3 349.8 28
Nonfinancial noncorporate business; inventories FA115020005 -2.3 21.4 9.6 19.9 0.5 -0.7 4.4 -1.4 29
Nonfinancial noncorporate business; net lending (+) or borrowing (-) (capital account) FA115000905 -15.2 -64.2 -72.1 -80.5 -65.4 -61.1 -80.4 -80.2 30
Nonfinancial noncorporate business; net lending (+) or borrowing (-) (capital account) FA115000905 -15.2 -64.2 -72.1 -80.5 -65.4 -61.1 -80.4 -80.2 31
Nonfinancial noncorporate business; total financial assets FA114090005 244.4 266.8 372.5 310.6 383.9 613.7 309.1 343.5 32
Nonfinancial noncorporate business; total currency and deposits; asset FA114000005 69.5 23.4 85.1 18.6 73.0 117.9 59.3 81.8 33
Nonfinancial noncorporate business; checkable deposits and currency; asset FA113020005 19.4 -8.1 69.4 7.4 24.8 26.8 11.5 21.1 34
Nonfinancial noncorporate business; total time and savings deposits; asset FA113030003 50.1 31.5 15.7 11.3 48.2 91.1 47.8 60.8 35
Nonfinancial noncorporate business; debt securities; asset FA114022005 4.8 4.4 -0.4 6.0 2.8 6.9 1.9 1.1 36
Nonfinancial noncorporate business; total U.S. government securities; asset FA113061003 4.8 5.7 0.2 5.7 2.0 6.1 2.2 1.1 37
Nonfinancial noncorporate business; municipal securities; asset FA113062003 -0.0 -1.4 -0.7 0.3 0.9 0.8 -0.3 0.1 38
Nonfinancial noncorporate business; loans; asset FA114023005 -2.4 1.0 -0.4 7.1 -2.0 8.4 1.0 2.8 39
Nonfinancial noncorporate business; consumer credit; asset FA113066003 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40
Nonfinancial noncorporate business; total mortgages; asset FA113065005 -2.4 1.0 -0.4 7.1 -2.0 8.4 1.0 2.8 41
Nonfinancial noncorporate business; equity and investment fund shares; asset FA113081005 3.2 2.6 3.7 3.0 3.3 11.7 4.9 6.3 42
Nonfinancial noncorporate business; money market fund shares; asset FA113034003 3.0 2.0 2.9 2.5 2.6 9.1 4.8 6.1 43
Nonfinancial noncorporate business; equity in Farm Credit System; asset (3) FA113092405 0.2 0.6 0.7 0.5 0.7 2.6 0.2 0.3 44
Nonfinancial noncorporate business; insurance receivables due from property-casualty insurance companies; asset (4) FA113076005 15.7 -26.2 12.7 -10.2 -3.0 4.1 -1.3 10.0 45
Nonfinancial noncorporate business; other accounts receivable; asset FA113096005 153.7 261.5 271.9 286.1 309.7 464.8 243.2 241.3 46
Nonfinancial noncorporate business; trade receivables; asset FA113070003 6.5 47.3 21.4 -3.6 76.7 55.0 49.6 49.4 47
Nonfinancial noncorporate business; Paycheck Protection Program receivables due from federal government; asset FA113072003 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 48
Nonfinancial noncorporate business; unidentified miscellaneous assets FA113093005 147.2 214.3 250.5 289.6 232.9 409.7 193.6 191.9 49
Nonfinancial noncorporate business; total liabilities FA114190005 259.6 331.0 444.7 391.1 449.3 674.8 389.4 423.7 50
Nonfinancial noncorporate business; loans; liability FA114123005 175.9 109.5 284.7 251.5 388.4 464.3 292.9 281.7 51
Nonfinancial noncorporate business; short-term loans; liability FA114141005 73.9 28.0 96.4 70.3 119.1 132.6 86.3 33.0 52
Nonfinancial noncorporate business; depository institution loans n.e.c.; liability FA113168005 63.5 21.6 86.2 64.1 119.1 128.9 77.9 25.1 53
Nonfinancial noncorporate business; other loans and advances; liability FA113169005 10.4 6.5 10.2 6.2 -0.0 3.7 8.4 7.8 54
Nonfinancial noncorporate business; total mortgages; liability FA113165005 102.0 81.4 188.2 181.1 269.3 331.7 206.6 248.7 55
Nonfinancial noncorporate business; equity and investment fund shares; liability FA113181005 10.5 142.2 66.2 129.8 -216.3 93.7 -20.9 6.9 56
Nonfinancial noncorporate business; proprietors' equity in noncorporate business (net worth) FA112090205 9.8 141.8 64.4 127.9 -218.9 91.3 -41.9 7.2 57
Nonfinancial noncorporate business; foreign direct investment in U.S. real estate (market value); liability FA115114005 0.8 0.4 1.8 1.9 2.7 2.4 21.0 -0.3 58
Nonfinancial noncorporate business; other accounts payable; liability FA113196005 73.2 79.3 93.8 9.8 277.1 116.8 117.4 135.1 59
Nonfinancial noncorporate business; trade payables; liability FA113170005 13.8 34.3 9.0 -16.0 65.8 7.8 5.4 44.6 60
Nonfinancial noncorporate business; taxes payable; liability FA113178003 7.6 3.2 6.8 5.2 10.0 4.6 18.4 8.8 61
Nonfinancial noncorporate business; unidentified miscellaneous liabilities FA113193003 51.8 41.8 77.9 20.7 201.4 104.4 93.6 81.7 62
Nonfinancial noncorporate business; net lending (+) or borrowing (-) (financial account) FA115000005 -15.2 -64.2 -72.1 -80.5 -65.4 -61.1 -80.3 -80.2 63
Nonfinancial noncorporate business; total other volume changes (IMA) FV118090105 8.2 146.6 67.2 132.8 -217.1 67.7 -54.1 8.2 64
Nonfinancial noncorporate business; nonfinancial assets FV112010005 -8.6 0.0 0.0 0.0 0.0 -25.2 -13.4 0.0 65
Nonfinancial noncorporate business; other volume changes excluding disaster losses (IMA) FV118090085 16.8 146.6 67.2 132.8 -217.1 92.9 -40.7 8.2 66
Nonfinancial noncorporate business; nonfinancial assets FR112010005 659.9 903.0 606.7 563.0 551.3 806.0 489.5 747.8 67
Nonfinancial noncorporate business; real estate at market value FR115035005 639.2 901.9 587.0 601.0 540.5 754.5 450.1 726.2 68
Nonfinancial noncorporate business; residential real estate at market value FR115035023 357.2 462.3 335.6 377.3 374.6 457.6 396.6 413.6 69
Nonfinancial noncorporate business; nonresidential real estate at market value FR115035035 282.0 439.6 251.4 223.6 165.9 296.9 53.4 312.6 70
Nonfinancial noncorporate business; equipment, current cost basis FR115015205 20.4 11.7 13.9 12.0 19.3 35.9 37.2 19.4 71
Nonfinancial noncorporate business; residential equipment, current cost basis FR115012265 -0.3 -2.2 -2.9 -1.9 -2.5 -1.4 3.3 -2.5 72
Nonfinancial noncorporate business; nonresidential equipment, current cost basis FR115013265 20.7 13.9 16.8 13.9 21.8 37.2 33.9 21.9 73
Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis FR115013765 0.9 4.7 1.8 -0.1 2.8 5.2 4.3 4.0 74
Nonfinancial noncorporate business; inventories FR115020005 -0.5 -15.2 4.0 -49.9 -11.2 10.3 -2.1 -1.8 75
Nonfinancial noncorporate business; debt securities; asset FR114022005 -0.6 -3.8 2.1 -1.0 -1.0 0.1 -1.2 3.3 76
Nonfinancial noncorporate business; foreign direct investment in U.S. real estate (market value); liability FR115114005 -0.0 2.3 1.8 1.1 5.8 3.1 6.3 -26.1 77
Nonfinancial noncorporate business; changes in net worth due to nominal holding gains/losses (IMA) FR118200005 659.3 896.9 607.1 560.8 544.5 802.9 482.0 777.2 78
Nonfinancial noncorporate business; proprietors' equity in noncorporate business (net worth) FC112090205 672.4 1043.5 674.3 693.6 327.4 880.0 430.9 785.4 79
Nonfinancial noncorporate business; total assets FL112000005 13356.2 14586.4 15639.9 16592.9 17592.5 19057.5 19924.9 21099.6 80
Nonfinancial noncorporate business; nonfinancial assets LM112010005 9762.4 10729.7 11408.5 12052.0 12668.7 13519.9 14079.3 14907.4 81
Nonfinancial noncorporate business; real estate at market value LM115035005 8558.0 9481.4 10105.2 10758.3 11362.4 12173.2 12679.9 13474.6 82
Nonfinancial noncorporate business; residential real estate at market value (5) LM115035023 4806.0 5267.8 5607.9 5998.7 6393.8 6850.8 7256.4 7691.8 83
Nonfinancial noncorporate business; nonresidential real estate at market value LM115035035 3752.0 4213.6 4497.4 4759.6 4968.6 5322.4 5423.6 5782.7 84
Nonfinancial noncorporate business; equipment, current cost basis LM115015205 731.8 757.1 788.2 799.7 809.5 827.8 863.5 884.2 85
Nonfinancial noncorporate business; residential equipment, current cost basis LM115012265 47.4 47.4 47.0 47.9 48.5 50.3 56.5 56.7 86
Nonfinancial noncorporate business; nonresidential equipment, current cost basis LM115013265 684.4 709.7 741.2 751.8 761.0 777.5 807.0 827.5 87
Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis LM115013765 201.7 214.0 224.4 233.3 246.7 259.1 273.9 289.9 88
Nonfinancial noncorporate business; inventories LM115020005 270.9 277.1 290.7 260.8 250.1 259.7 262.0 258.7 89
Nonfinancial noncorporate business; total financial assets FL114090005 3593.8 3856.7 4231.4 4540.9 4923.9 5537.6 5845.6 6192.3 90
Nonfinancial noncorporate business; total currency and deposits; asset FL114000005 988.1 1011.5 1096.6 1115.2 1188.2 1306.1 1365.4 1447.2 91
Nonfinancial noncorporate business; checkable deposits and currency; asset FL113020005 185.8 177.7 247.1 254.5 279.3 306.0 317.5 338.6 92
Nonfinancial noncorporate business; total time and savings deposits; asset FL113030003 802.3 833.8 849.5 860.8 909.0 1000.1 1047.9 1108.7 93
Nonfinancial noncorporate business; debt securities; asset LM114022005 59.0 59.5 61.2 66.2 68.1 75.1 75.8 80.2 94
Nonfinancial noncorporate business; total U.S. government securities; asset LM113061003 52.9 55.2 57.2 61.9 63.0 69.0 70.2 74.3 95
Nonfinancial noncorporate business; municipal securities; asset LM113062003 6.1 4.4 4.0 4.3 5.1 6.0 5.6 5.9 96
Nonfinancial noncorporate business; loans; asset FL114023005 33.9 34.8 34.5 41.5 39.5 48.0 49.0 51.8 97
Nonfinancial noncorporate business; consumer credit; asset FL113066003 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 98
Nonfinancial noncorporate business; total mortgages; asset FL113065005 33.9 34.8 34.5 41.5 39.5 48.0 49.0 51.8 99
Nonfinancial noncorporate business; equity and investment fund shares; asset FL113081005 87.8 90.5 94.1 97.1 100.5 112.1 117.0 123.4 100
Nonfinancial noncorporate business; money market fund shares; asset FL113034003 80.7 82.7 85.6 88.1 90.7 99.8 104.6 110.6 101
Nonfinancial noncorporate business; equity in Farm Credit System; asset (3) FL113092405 7.2 7.8 8.5 9.0 9.8 12.3 12.5 12.8 102
Nonfinancial noncorporate business; insurance receivables due from property-casualty insurance companies; asset (4) FL113076005 142.9 116.7 129.4 119.3 116.3 120.4 119.0 129.0 103
Nonfinancial noncorporate business; other accounts receivable; asset FL113096005 2282.1 2543.6 2815.5 3101.6 3411.3 3876.0 4119.3 4360.6 104
Nonfinancial noncorporate business; trade receivables; asset FL113070003 606.1 653.4 674.7 671.2 747.9 802.9 852.6 902.0 105
Nonfinancial noncorporate business; Paycheck Protection Program receivables due from federal government; asset FL113072003 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 106
Nonfinancial noncorporate business; unidentified miscellaneous assets FL113093005 1676.0 1890.3 2140.8 2430.4 2663.3 3073.1 3266.7 3458.6 107
Nonfinancial noncorporate business; total liabilities and net worth FL112100005 13356.2 14586.4 15639.9 16592.9 17592.5 19057.5 19924.9 21099.6 108
Nonfinancial noncorporate business; total liabilities FL114190005 5887.7 6074.4 6453.6 6713.0 7385.1 7970.1 8406.6 8796.0 109
Nonfinancial noncorporate business; loans; liability FL114123005 4060.4 4165.0 4446.8 4693.4 5080.0 5542.7 5834.4 6115.1 110
Nonfinancial noncorporate business; short-term loans; liability FL114141005 1152.9 1180.9 1277.4 1345.7 1464.8 1597.4 1683.6 1716.6 111
Nonfinancial noncorporate business; depository institution loans n.e.c.; liability FL113168005 967.4 989.0 1075.2 1139.3 1258.4 1387.3 1465.2 1490.3 112
Nonfinancial noncorporate business; other loans and advances; liability FL113169005 185.5 191.9 202.2 206.4 206.3 210.0 218.4 226.3 113
Nonfinancial noncorporate business; total mortgages; liability FL113165005 2907.5 2984.1 3169.4 3347.8 3615.2 3945.3 4150.7 4398.5 114
Nonfinancial noncorporate business; foreign direct investment in U.S. real estate (market value); liability LM115114005 7.8 10.6 14.2 17.2 25.6 31.2 58.5 32.1 115
Nonfinancial noncorporate business; other accounts payable; liability FL113196005 1819.5 1898.8 1992.6 2002.4 2279.5 2396.3 2513.7 2648.8 116
Nonfinancial noncorporate business; trade payables; liability FL113170005 492.4 526.8 535.7 519.7 585.5 593.3 598.6 643.2 117
Nonfinancial noncorporate business; taxes payable; liability FL113178003 107.4 110.5 117.4 122.5 132.5 137.2 155.6 164.4 118
Nonfinancial noncorporate business; unidentified miscellaneous liabilities FL113193003 1219.7 1261.5 1339.4 1360.1 1561.5 1665.9 1759.5 1841.2 119
Nonfinancial noncorporate business; proprietors' equity in noncorporate business (net worth) LM112090205 7468.5 8512.0 9186.3 9879.9 10207.4 11087.4 11518.3 12303.7 120

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. Consists of rental income of tenant-occupied housing and proprietors' income. Quasi-corporations are unincorporated enterprises that function as if they were corporations; they primarily cover their operating costs through sales, and they keep a complete set of financial records.
  3. 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 2004:Q4.
  4. Net equity in reserves of property-casualty insurance companies.
  5. Farm houses are included in the household sector.
Last Update: April 1, 2021