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 | 2018 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial business; income before taxes | FA146110005 | 3032.7 | 2970.4 | 3033.5 | 2818.8 | 2537.2 | 3409.5 | 3368.4 | 3596.8 | 3976.8 | 1 |
| Nonfinancial business; gross saving less net capital transfers paid | FA146000105 | 2488.8 | 2493.7 | 2514.5 | 2385.0 | 2221.3 | 2772.9 | 2678.7 | 2816.1 | 2982.2 | 2 |
| Nonfinancial business; gross investment | FA145090005 | 2424.5 | 2972.0 | 2372.3 | 3128.5 | 1391.3 | 3310.0 | 1659.6 | 2436.9 | 3018.8 | 3 |
| Nonfinancial business; total capital expenditures | FA145050005 | 2485.1 | 2620.6 | 2384.5 | 2502.8 | 2060.3 | 2428.8 | 2546.0 | 2519.7 | 2492.2 | 4 |
| Nonfinancial business; gross fixed investment | FA145019005 | 2428.1 | 2547.1 | 2444.2 | 2525.6 | 2353.0 | 2406.9 | 2491.4 | 2598.6 | 2671.1 | 5 |
| Nonfinancial business; gross fixed investment, residential equipment and structures | FA145012005 | 131.5 | 133.4 | 156.3 | 147.9 | 145.7 | 161.6 | 170.1 | 196.3 | 203.0 | 6 |
| Nonfinancial business; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA145013005 | 2296.7 | 2413.7 | 2287.9 | 2377.8 | 2207.3 | 2245.4 | 2321.3 | 2402.3 | 2468.1 | 7 |
| Nonfinancial business; inventories | FA145020005 | 58.7 | 73.6 | -59.6 | -20.6 | -289.9 | 15.0 | 57.3 | -94.2 | -176.1 | 8 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FA105420005 | -1.7 | -0.1 | -0.2 | -2.2 | -2.7 | 6.8 | -2.7 | 15.4 | -2.9 | 9 |
| Nonfinancial business; net lending (+) or borrowing (-) (financial account) | FA145000005 | -60.6 | 351.4 | -12.1 | 625.7 | -669.1 | 881.2 | -886.4 | -82.8 | 526.6 | 10 |
| Nonfinancial business; total financial assets | FA144090005 | 1175.0 | 2728.0 | 1919.0 | 3603.2 | 1507.2 | 2147.4 | 418.0 | 1916.1 | 1563.7 | 11 |
| Nonfinancial corporate business; private foreign deposits; asset | FA103091003 | -110.3 | 24.7 | 11.8 | -78.6 | 136.0 | 57.8 | -68.1 | -1.8 | 138.1 | 12 |
| Nonfinancial business; checkable deposits and currency; asset | FA143020005 | 249.5 | 170.6 | 763.6 | 1414.5 | 1878.5 | 91.6 | -330.1 | 279.8 | -5.8 | 13 |
| Nonfinancial business; total time and savings deposits; asset | FA143030005 | 53.6 | 72.9 | 226.0 | 688.5 | 354.2 | -12.7 | -125.8 | 95.2 | 102.4 | 14 |
| Nonfinancial business; money market fund shares; asset | FA143034005 | -28.6 | 98.0 | 128.6 | 1512.9 | -161.3 | -751.9 | -85.2 | -141.9 | -51.6 | 15 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | -25.0 | -1.2 | 26.4 | 56.0 | 20.0 | -8.5 | 38.1 | -63.4 | 60.1 | 16 |
| Nonfinancial business; debt securities; asset | FA144022005 | 21.0 | 70.3 | 55.5 | 169.5 | 98.5 | -8.7 | -37.1 | -80.8 | 110.3 | 17 |
| Nonfinancial corporate business; commercial paper; asset | FA103069100 | 38.4 | 55.4 | 38.1 | 55.4 | -32.0 | 66.9 | 62.0 | -48.6 | 141.4 | 18 |
| Nonfinancial business; Treasury securities; asset | FA143061105 | -13.4 | 7.6 | 12.5 | 77.9 | 100.3 | -56.3 | -72.0 | -21.2 | -24.3 | 19 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FA103061703 | -5.5 | 2.4 | 4.4 | 35.2 | 29.3 | -20.0 | -26.9 | -12.6 | -6.7 | 20 |
| Nonfinancial business; municipal securities; asset | FA143062005 | 1.5 | 4.8 | 0.5 | 0.9 | 0.8 | 0.7 | -0.3 | 1.6 | -0.2 | 21 |
| Nonfinancial business; loans; asset | FA144023005 | 3.3 | 4.3 | 6.6 | 0.7 | 1.7 | -15.9 | 40.0 | -1.7 | -6.8 | 22 |
| Nonfinancial business; total mortgages; asset | FA143065005 | 3.0 | 4.9 | 6.6 | 8.8 | 10.6 | 5.0 | 1.9 | 8.6 | 3.2 | 23 |
| Nonfinancial business; consumer credit; asset | FA143066005 | 0.2 | -0.7 | 0.0 | -8.1 | -9.0 | -21.0 | 38.1 | -10.2 | -10.0 | 24 |
| Nonfinancial corporate business; corporate equities; asset | FA103064103 | -40.7 | 10.2 | -127.5 | -103.0 | -123.5 | -134.0 | -149.7 | -127.5 | -127.5 | 25 |
| Nonfinancial corporate business; mutual fund shares; asset | FA103064203 | -9.0 | 5.3 | 10.6 | 10.6 | 10.6 | 10.6 | 10.6 | 10.6 | 10.6 | 26 |
| Nonfinancial business; trade receivables; asset | FA143070005 | 445.9 | 588.2 | 76.7 | -321.9 | -899.6 | 881.5 | 646.9 | 697.6 | 749.0 | 27 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FA103092005 | -133.9 | 20.0 | 226.5 | -58.3 | 503.3 | 164.8 | 296.0 | 251.8 | 421.7 | 28 |
| Nonfinancial business; total miscellaneous assets | FA143090005 | 749.0 | 1664.6 | 514.0 | 312.1 | -311.1 | 1872.7 | 182.4 | 998.3 | 163.3 | 29 |
| Nonfinancial business; total liabilities and equity | FA144194005 | 1235.6 | 2376.5 | 1931.1 | 2977.6 | 2176.3 | 1266.1 | 1304.4 | 1998.9 | 1037.0 | 30 |
| Nonfinancial business; total liabilities | FA144190005 | 1644.5 | 2605.4 | 1875.2 | 3218.2 | 2095.0 | 1031.8 | 1155.8 | 1779.5 | 917.7 | 31 |
| Nonfinancial corporate business; debt securities; liability | FA104122005 | 135.9 | 270.3 | 617.7 | 725.3 | 1474.9 | 179.4 | 91.4 | 201.8 | 198.8 | 32 |
| Nonfinancial corporate business; commercial paper; liability | FA103169100 | -10.2 | -1.9 | -62.3 | -21.3 | -271.1 | -70.5 | 113.6 | -223.4 | 112.2 | 33 |
| Nonfinancial corporate business; municipal securities; liability | FA103162000 | -3.2 | 15.2 | 4.7 | 14.6 | -2.5 | 15.4 | -8.9 | 6.6 | 16.1 | 34 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 149.3 | 257.0 | 675.4 | 731.9 | 1748.4 | 234.5 | -13.3 | 418.6 | 70.5 | 35 |
| Nonfinancial business; loans; liability | FA144123005 | 505.5 | 482.3 | 822.5 | 2342.4 | 1122.2 | -166.4 | -8.2 | 551.7 | 54.3 | 36 |
| Nonfinancial business; depository institution loans n.e.c.; liability | FA143168005 | 181.3 | 47.0 | 250.9 | 1703.6 | 542.0 | -729.1 | -512.8 | 30.4 | -559.1 | 37 |
| Nonfinancial business; other loans and advances; liability | FA143169005 | 19.7 | 136.6 | 285.7 | 336.0 | 317.5 | 301.8 | 187.5 | 231.2 | 276.3 | 38 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 304.5 | 298.7 | 285.9 | 302.7 | 262.7 | 261.0 | 317.2 | 290.0 | 337.1 | 39 |
| Nonfinancial business; trade payables; liability | FA143170005 | 326.1 | 273.0 | 104.9 | -201.9 | -738.3 | 743.6 | 616.1 | 663.0 | 607.8 | 40 |
| Nonfinancial business; taxes payable; liability | FA143178005 | 7.9 | 1.7 | 26.8 | 69.2 | 192.4 | -185.0 | 30.9 | -24.4 | -139.8 | 41 |
| Nonfinancial business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA143192305 | -68.2 | -5.5 | -42.3 | -60.8 | -32.1 | -16.7 | -59.5 | -8.8 | -52.7 | 42 |
| Nonfinancial business; total miscellaneous liabilities | FA143190005 | 737.3 | 1583.6 | 345.5 | 344.1 | 75.9 | 477.0 | 485.1 | 396.2 | 249.3 | 43 |
| Nonfinancial business; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FA143181105 | -408.9 | -228.9 | 55.9 | -240.6 | 81.2 | 234.3 | 148.6 | 219.5 | 119.3 | 44 |
| Nonfinancial corporate business; corporate equities; liability | FA103164103 | -617.4 | -457.8 | -168.8 | -385.9 | -58.0 | 41.9 | -273.3 | -146.0 | -273.0 | 45 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business | FA112090205 | -31.9 | 13.5 | 43.3 | 21.5 | 9.3 | 37.2 | 105.4 | 62.3 | 42.4 | 46 |
| Nonfinancial business; foreign direct investment in U.S.; liability (market value) | FA143192105 | 240.5 | 215.4 | 181.4 | 123.8 | 130.0 | 155.2 | 316.5 | 303.2 | 349.9 | 47 |
| Nonfinancial corporate business; sector discrepancy | FA107005005 | 64.3 | -478.3 | 142.1 | -743.5 | 830.0 | -537.2 | 1019.2 | 379.2 | -36.6 | 48 |
NOTES
- Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
Last Update: September 23, 2021