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 | 2021 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial business; income before taxes | FA146110005 | 2970.4 | 3033.5 | 3917.3 | 3409.5 | 3368.4 | 3596.8 | 4037.7 | 4033.6 | 4001.2 | 1 |
| Nonfinancial business; gross saving less net capital transfers paid | FA146000105 | 2493.6 | 2513.2 | 3025.2 | 2769.8 | 2678.9 | 2814.8 | 3011.2 | 3183.6 | 3091.0 | 2 |
| Nonfinancial business; gross investment | FA145090005 | 2972.2 | 2381.1 | 2969.5 | 3425.5 | 1581.3 | 2165.0 | 2789.8 | 3934.7 | 2988.4 | 3 |
| Nonfinancial business; total capital expenditures | FA145050005 | 2620.6 | 2384.6 | 2676.3 | 2428.8 | 2546.4 | 2519.7 | 2493.4 | 2676.8 | 3015.3 | 4 |
| Nonfinancial business; gross fixed investment | FA145019005 | 2547.1 | 2444.4 | 2696.1 | 2406.9 | 2491.9 | 2598.6 | 2670.5 | 2721.9 | 2793.4 | 5 |
| Nonfinancial business; gross fixed investment, residential equipment and structures | FA145012005 | 133.4 | 156.4 | 202.4 | 161.5 | 170.5 | 196.3 | 202.5 | 206.8 | 203.9 | 6 |
| Nonfinancial business; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA145013005 | 2413.7 | 2287.9 | 2493.7 | 2245.4 | 2321.3 | 2402.3 | 2468.1 | 2515.1 | 2589.6 | 7 |
| Nonfinancial business; inventories | FA145020005 | 73.6 | -59.6 | -25.9 | 15.0 | 57.3 | -94.2 | -174.3 | -60.2 | 225.1 | 8 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FA105420005 | -0.1 | -0.2 | 6.1 | 6.8 | -2.7 | 15.4 | -2.8 | 15.1 | -3.2 | 9 |
| Nonfinancial business; net lending (+) or borrowing (-) (financial account) | FA145000005 | 351.6 | -3.5 | 293.2 | 996.7 | -965.1 | -354.8 | 296.3 | 1258.0 | -26.9 | 10 |
| Nonfinancial business; total financial assets | FA144090005 | 2728.0 | 1973.5 | 1642.2 | 2358.8 | 456.0 | 1683.3 | 1067.5 | 2407.0 | 1410.8 | 11 |
| Nonfinancial corporate business; private foreign deposits; asset | FA103091003 | 24.7 | 11.6 | 13.7 | 57.1 | -68.0 | -3.2 | 139.9 | -32.1 | -49.9 | 12 |
| Nonfinancial business; checkable deposits and currency; asset | FA143020005 | 170.6 | 764.7 | 98.3 | 127.6 | -352.5 | 307.2 | -172.8 | 428.3 | -169.4 | 13 |
| Nonfinancial business; total time and savings deposits; asset | FA143030005 | 72.9 | 229.7 | 142.1 | 0.4 | -124.1 | 97.3 | 85.6 | 239.1 | 146.2 | 14 |
| Nonfinancial business; money market fund shares; asset | FA143034005 | 98.0 | 128.6 | 18.8 | -751.9 | -85.2 | -141.9 | -51.6 | 176.5 | 92.0 | 15 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | -1.2 | 26.4 | -4.6 | -8.4 | 38.1 | -50.9 | 38.7 | -24.0 | 17.7 | 16 |
| Nonfinancial business; debt securities; asset | FA144022005 | 70.3 | 55.8 | 20.5 | -7.6 | -37.3 | -95.1 | 95.2 | 59.3 | 22.7 | 17 |
| Nonfinancial corporate business; commercial paper; asset | FA103069100 | 55.4 | 38.3 | 15.4 | 68.0 | 61.9 | -63.3 | 126.5 | 18.2 | -19.9 | 18 |
| Nonfinancial business; Treasury securities; asset | FA143061105 | 7.6 | 12.5 | 2.2 | -56.3 | -72.0 | -20.9 | -24.6 | 29.9 | 24.4 | 19 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FA103061703 | 2.4 | 4.4 | 2.0 | -20.0 | -26.9 | -12.5 | -6.8 | 9.9 | 17.5 | 20 |
| Nonfinancial business; municipal securities; asset | FA143062005 | 4.8 | 0.5 | 0.9 | 0.7 | -0.3 | 1.6 | 0.1 | 1.2 | 0.6 | 21 |
| Nonfinancial business; loans; asset | FA144023005 | 4.3 | 6.6 | 6.3 | -15.9 | 40.0 | -1.7 | -6.8 | -16.3 | 49.8 | 22 |
| Nonfinancial business; total mortgages; asset | FA143065005 | 4.9 | 6.6 | 6.3 | 5.0 | 1.9 | 8.6 | 3.2 | 7.7 | 5.6 | 23 |
| Nonfinancial business; consumer credit; asset | FA143066005 | -0.7 | 0.0 | -0.0 | -20.9 | 38.1 | -10.2 | -10.0 | -24.0 | 44.2 | 24 |
| Nonfinancial corporate business; corporate equities; asset | FA103064103 | 10.2 | -136.1 | -136.1 | -143.0 | -159.7 | -136.1 | -136.1 | -136.1 | -136.1 | 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 | 725.7 | 900.7 | 648.0 | 678.0 | 756.7 | 731.5 | 736.5 | 27 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FA103092005 | 20.0 | 226.5 | 331.3 | 164.8 | 296.0 | 251.8 | 481.3 | 225.2 | 366.7 | 28 |
| Nonfinancial business; total miscellaneous assets | FA143090005 | 1664.6 | 567.2 | 415.7 | 2024.3 | 250.2 | 767.3 | -173.2 | 744.9 | 323.9 | 29 |
| Nonfinancial business; total liabilities and equity | FA144194005 | 2376.4 | 1977.0 | 1349.0 | 1362.1 | 1421.2 | 2038.1 | 771.2 | 1149.1 | 1437.7 | 30 |
| Nonfinancial business; total liabilities | FA144190005 | 2606.2 | 1957.3 | 1627.6 | 1141.5 | 1362.8 | 1880.9 | 941.5 | 1676.2 | 2011.7 | 31 |
| Nonfinancial corporate business; debt securities; liability | FA104122005 | 270.0 | 616.7 | 177.0 | 180.9 | 94.7 | 248.3 | 211.0 | 346.4 | -97.6 | 32 |
| Nonfinancial corporate business; commercial paper; liability | FA103169100 | -1.9 | -62.3 | 6.0 | -70.6 | 114.0 | -212.4 | 124.2 | 51.8 | 60.5 | 33 |
| Nonfinancial corporate business; municipal securities; liability | FA103162000 | 15.4 | 3.8 | 9.7 | 15.5 | -12.2 | 7.4 | 14.5 | 19.9 | -3.2 | 34 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 256.6 | 675.2 | 161.3 | 235.9 | -7.0 | 453.4 | 72.3 | 274.6 | -155.0 | 35 |
| Nonfinancial business; loans; liability | FA144123005 | 483.1 | 828.6 | 625.3 | -157.7 | -6.7 | 564.5 | 117.8 | 505.3 | 1313.6 | 36 |
| Nonfinancial business; depository institution loans n.e.c.; liability | FA143168005 | 47.0 | 251.1 | -130.5 | -728.7 | -512.7 | 33.1 | -512.5 | -369.4 | 326.8 | 37 |
| Nonfinancial business; other loans and advances; liability | FA143169005 | 136.6 | 284.1 | 365.9 | 301.8 | 181.2 | 234.4 | 283.6 | 480.2 | 465.3 | 38 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 299.5 | 293.4 | 389.9 | 269.1 | 324.8 | 296.9 | 346.7 | 394.5 | 521.6 | 39 |
| Nonfinancial business; trade payables; liability | FA143170005 | 273.0 | 108.4 | 603.6 | 764.6 | 610.3 | 644.3 | 623.8 | 557.0 | 589.2 | 40 |
| Nonfinancial business; taxes payable; liability | FA143178005 | 1.7 | 26.9 | -64.6 | -184.2 | 30.3 | -28.6 | -145.9 | -95.7 | 11.9 | 41 |
| Nonfinancial business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA143192305 | -5.5 | -42.3 | -15.2 | -16.7 | -59.5 | -14.5 | -121.3 | 54.8 | 20.0 | 42 |
| Nonfinancial business; total miscellaneous liabilities | FA143190005 | 1584.0 | 419.0 | 301.5 | 554.7 | 693.7 | 466.9 | 256.0 | 308.5 | 174.6 | 43 |
| Nonfinancial business; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FA143181105 | -229.8 | 19.7 | -278.6 | 220.6 | 58.3 | 157.2 | -170.3 | -527.2 | -574.0 | 44 |
| Nonfinancial corporate business; corporate equities; liability | FA103164103 | -457.9 | -167.6 | -624.7 | 48.2 | -273.6 | -109.1 | -514.6 | -868.2 | -1007.0 | 45 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business | FA112090205 | 12.7 | 5.9 | -14.5 | 17.2 | 15.5 | -42.7 | 4.9 | -6.5 | -13.8 | 46 |
| Nonfinancial business; foreign direct investment in U.S.; liability (market value) | FA143192105 | 215.4 | 181.4 | 360.7 | 155.2 | 316.5 | 309.0 | 339.4 | 347.5 | 446.8 | 47 |
| Nonfinancial corporate business; sector discrepancy | FA107005005 | -478.5 | 132.2 | 55.7 | -655.6 | 1097.6 | 649.8 | 221.5 | -751.1 | 102.6 | 48 |
NOTES
- Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
Last Update: March 10, 2022