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 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial business; income before taxes | FA146110005 | 2970.4 | 3033.5 | 2818.8 | 2537.2 | 3409.5 | 3368.4 | 3596.8 | 4037.7 | 4056.1 | 1 |
| Nonfinancial business; gross saving less net capital transfers paid | FA146000105 | 2493.6 | 2513.2 | 2384.7 | 2219.6 | 2769.8 | 2678.9 | 2814.8 | 3011.7 | 3198.0 | 2 |
| Nonfinancial business; gross investment | FA145090005 | 2972.3 | 2382.4 | 3124.9 | 1390.5 | 3431.8 | 1582.4 | 2181.9 | 2801.9 | 3962.8 | 3 |
| Nonfinancial business; total capital expenditures | FA145050005 | 2620.6 | 2384.6 | 2502.8 | 2060.3 | 2428.8 | 2546.4 | 2519.7 | 2493.4 | 2667.6 | 4 |
| Nonfinancial business; gross fixed investment | FA145019005 | 2547.1 | 2444.4 | 2525.6 | 2353.0 | 2406.9 | 2491.9 | 2598.6 | 2670.5 | 2717.9 | 5 |
| Nonfinancial business; gross fixed investment, residential equipment and structures | FA145012005 | 133.4 | 156.4 | 147.9 | 145.7 | 161.5 | 170.5 | 196.3 | 202.5 | 204.9 | 6 |
| Nonfinancial business; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA145013005 | 2413.7 | 2287.9 | 2377.8 | 2207.3 | 2245.4 | 2321.3 | 2402.3 | 2468.1 | 2513.0 | 7 |
| Nonfinancial business; inventories | FA145020005 | 73.6 | -59.6 | -20.6 | -289.9 | 15.0 | 57.3 | -94.2 | -174.3 | -65.3 | 8 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FA105420005 | -0.1 | -0.2 | -2.2 | -2.7 | 6.8 | -2.7 | 15.4 | -2.8 | 15.0 | 9 |
| Nonfinancial business; net lending (+) or borrowing (-) (financial account) | FA145000005 | 351.7 | -2.2 | 622.1 | -669.8 | 1003.1 | -964.0 | -337.9 | 308.4 | 1295.2 | 10 |
| Nonfinancial business; total financial assets | FA144090005 | 2728.0 | 1973.5 | 3586.6 | 1492.6 | 2358.8 | 456.0 | 1682.0 | 1066.0 | 2464.7 | 11 |
| Nonfinancial corporate business; private foreign deposits; asset | FA103091003 | 24.7 | 11.6 | -78.6 | 136.0 | 57.1 | -68.0 | -3.2 | 139.9 | -32.1 | 12 |
| Nonfinancial business; checkable deposits and currency; asset | FA143020005 | 170.6 | 764.7 | 1409.8 | 1873.8 | 127.6 | -352.5 | 306.8 | -173.2 | 439.9 | 13 |
| Nonfinancial business; total time and savings deposits; asset | FA143030005 | 72.9 | 229.7 | 688.5 | 354.2 | 0.4 | -124.1 | 97.3 | 85.6 | 287.1 | 14 |
| Nonfinancial business; money market fund shares; asset | FA143034005 | 98.0 | 128.6 | 1512.9 | -161.3 | -751.9 | -85.2 | -141.9 | -51.6 | 113.7 | 15 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | -1.2 | 26.4 | 56.0 | 20.0 | -8.4 | 38.1 | -50.9 | 38.7 | -24.0 | 16 |
| Nonfinancial business; debt securities; asset | FA144022005 | 70.3 | 55.8 | 169.5 | 98.5 | -7.6 | -37.3 | -95.1 | 95.2 | 59.2 | 17 |
| Nonfinancial corporate business; commercial paper; asset | FA103069100 | 55.4 | 38.3 | 55.4 | -32.0 | 68.0 | 61.9 | -63.3 | 126.5 | 18.2 | 18 |
| Nonfinancial business; Treasury securities; asset | FA143061105 | 7.6 | 12.5 | 77.9 | 100.3 | -56.3 | -72.0 | -20.9 | -24.6 | 29.9 | 19 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FA103061703 | 2.4 | 4.4 | 35.2 | 29.3 | -20.0 | -26.9 | -12.5 | -6.8 | 9.9 | 20 |
| Nonfinancial business; municipal securities; asset | FA143062005 | 4.8 | 0.5 | 0.9 | 0.8 | 0.7 | -0.3 | 1.6 | 0.1 | 1.2 | 21 |
| Nonfinancial business; loans; asset | FA144023005 | 4.3 | 6.6 | 0.7 | 1.7 | -15.9 | 40.0 | -1.7 | -6.8 | -16.3 | 22 |
| Nonfinancial business; total mortgages; asset | FA143065005 | 4.9 | 6.6 | 8.8 | 10.6 | 5.0 | 1.9 | 8.6 | 3.2 | 7.7 | 23 |
| Nonfinancial business; consumer credit; asset | FA143066005 | -0.7 | 0.0 | -8.1 | -9.0 | -20.9 | 38.1 | -10.2 | -10.0 | -24.0 | 24 |
| Nonfinancial corporate business; corporate equities; asset | FA103064103 | 10.2 | -127.0 | -102.6 | -123.0 | -133.5 | -149.1 | -127.0 | -127.0 | -127.0 | 25 |
| Nonfinancial corporate business; mutual fund shares; asset | FA103064203 | 5.3 | 10.6 | 10.6 | 10.6 | 10.6 | 10.6 | 10.6 | 10.6 | 10.6 | 26 |
| Nonfinancial business; trade receivables; asset | FA143070005 | 588.2 | 81.8 | -321.9 | -899.6 | 900.7 | 648.0 | 678.0 | 756.7 | 731.5 | 27 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FA103092005 | 20.0 | 226.5 | -58.3 | 503.3 | 164.8 | 296.0 | 251.8 | 421.7 | 266.5 | 28 |
| Nonfinancial business; total miscellaneous assets | FA143090005 | 1664.6 | 558.2 | 299.8 | -321.5 | 2014.8 | 239.6 | 757.3 | -123.8 | 755.4 | 29 |
| Nonfinancial business; total liabilities and equity | FA144194005 | 2376.3 | 1975.7 | 2964.5 | 2162.4 | 1355.8 | 1420.0 | 2019.9 | 757.5 | 1169.5 | 30 |
| Nonfinancial business; total liabilities | FA144190005 | 2606.2 | 1960.1 | 3226.8 | 2103.6 | 1144.2 | 1365.5 | 1870.9 | 932.0 | 1576.3 | 31 |
| Nonfinancial corporate business; debt securities; liability | FA104122005 | 270.3 | 617.2 | 724.3 | 1474.7 | 186.7 | 83.0 | 210.9 | 202.9 | 368.9 | 32 |
| Nonfinancial corporate business; commercial paper; liability | FA103169100 | -1.9 | -62.3 | -21.4 | -271.3 | -70.6 | 114.0 | -223.5 | 113.2 | 40.8 | 33 |
| Nonfinancial corporate business; municipal securities; liability | FA103162000 | 15.2 | 4.0 | 14.6 | -2.2 | 15.4 | -11.9 | 6.5 | 15.3 | 20.1 | 34 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 257.0 | 675.5 | 731.1 | 1748.1 | 241.9 | -19.0 | 427.9 | 74.4 | 307.9 | 35 |
| Nonfinancial business; loans; liability | FA144123005 | 483.4 | 831.7 | 2354.2 | 1130.9 | -154.8 | -3.6 | 549.9 | 110.7 | 326.0 | 36 |
| Nonfinancial business; depository institution loans n.e.c.; liability | FA143168005 | 47.0 | 250.9 | 1703.5 | 542.2 | -729.3 | -512.8 | 31.0 | -512.4 | -374.7 | 37 |
| Nonfinancial business; other loans and advances; liability | FA143169005 | 136.6 | 284.1 | 336.0 | 317.5 | 301.8 | 181.2 | 234.2 | 283.5 | 314.8 | 38 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 299.8 | 296.7 | 314.7 | 271.2 | 272.7 | 328.1 | 284.7 | 339.7 | 385.9 | 39 |
| Nonfinancial business; trade payables; liability | FA143170005 | 273.0 | 108.8 | -202.0 | -738.4 | 765.0 | 610.7 | 640.6 | 620.1 | 553.4 | 40 |
| Nonfinancial business; taxes payable; liability | FA143178005 | 1.7 | 26.9 | 69.2 | 192.4 | -184.2 | 30.3 | -28.6 | -97.9 | -45.7 | 41 |
| Nonfinancial business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA143192305 | -5.5 | -42.3 | -60.8 | -32.1 | -16.7 | -59.5 | -14.5 | -41.3 | 90.0 | 42 |
| Nonfinancial business; total miscellaneous liabilities | FA143190005 | 1583.4 | 417.7 | 342.0 | 76.2 | 548.2 | 704.6 | 512.5 | 137.6 | 283.6 | 43 |
| Nonfinancial business; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FA143181105 | -230.0 | 15.6 | -262.3 | 58.8 | 211.5 | 54.5 | 149.0 | -174.5 | -406.8 | 44 |
| Nonfinancial corporate business; corporate equities; liability | FA103164103 | -458.1 | -168.9 | -384.9 | -57.9 | 41.9 | -274.8 | -115.7 | -526.5 | -908.8 | 45 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business | FA112090205 | 12.7 | 3.2 | -1.1 | -13.3 | 14.5 | 12.7 | -44.3 | 13.5 | 14.6 | 46 |
| Nonfinancial business; foreign direct investment in U.S.; liability (market value) | FA143192105 | 215.4 | 181.4 | 123.8 | 130.0 | 155.2 | 316.5 | 309.0 | 338.5 | 487.4 | 47 |
| Nonfinancial corporate business; sector discrepancy | FA107005005 | -478.7 | 130.8 | -740.2 | 829.1 | -662.0 | 1096.5 | 632.9 | 209.9 | -764.8 | 48 |
NOTES
- Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
Last Update: December 9, 2021