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 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial business; income before taxes | FA146110005 | 2970.4 | 3033.5 | 3917.3 | 3596.8 | 4037.7 | 4033.6 | 4001.2 | 4160.5 | 4451.2 | 1 |
| Nonfinancial business; gross saving less net capital transfers paid | FA146000105 | 2493.4 | 2511.7 | 3052.1 | 2813.7 | 3010.0 | 3183.0 | 3201.5 | 3181.7 | 3362.3 | 2 |
| Nonfinancial business; gross investment | FA145090005 | 2956.5 | 2550.4 | 3330.5 | 2923.7 | 3492.9 | 4208.0 | 2697.4 | 3978.4 | 3538.2 | 3 |
| Nonfinancial business; total capital expenditures | FA145050005 | 2620.6 | 2384.6 | 2681.6 | 2519.8 | 2493.5 | 2676.8 | 3036.3 | 3486.4 | 3146.6 | 4 |
| Nonfinancial business; gross fixed investment | FA145019005 | 2547.1 | 2444.4 | 2695.3 | 2598.6 | 2670.5 | 2721.9 | 2790.2 | 2927.5 | 3002.0 | 5 |
| Nonfinancial business; gross fixed investment, residential equipment and structures | FA145012005 | 133.4 | 156.4 | 202.1 | 196.3 | 202.5 | 206.8 | 202.9 | 230.2 | 244.7 | 6 |
| Nonfinancial business; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA145013005 | 2413.7 | 2287.9 | 2493.2 | 2402.3 | 2468.1 | 2515.1 | 2587.3 | 2697.2 | 2757.3 | 7 |
| Nonfinancial business; inventories | FA145020005 | 73.6 | -59.6 | -19.9 | -94.2 | -174.3 | -60.2 | 249.3 | 237.5 | 130.6 | 8 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FA105420005 | -0.1 | -0.2 | 6.1 | 15.4 | -2.8 | 15.1 | -3.2 | 321.4 | 14.0 | 9 |
| Nonfinancial business; net lending (+) or borrowing (-) (financial account) | FA145000005 | 335.9 | 165.8 | 648.9 | 404.0 | 999.4 | 1531.2 | -338.9 | 492.0 | 391.5 | 10 |
| Nonfinancial business; total financial assets | FA144090005 | 2520.2 | 912.3 | 1599.3 | 1456.7 | 966.9 | 2518.6 | 1454.9 | 2413.2 | 1988.6 | 11 |
| Nonfinancial corporate business; private foreign deposits; asset | FA103091003 | 24.7 | 2.8 | 18.5 | 102.4 | 117.2 | -131.3 | -14.3 | 94.7 | -77.1 | 12 |
| Nonfinancial business; checkable deposits and currency; asset | FA143020005 | 147.9 | 495.7 | 206.4 | -54.7 | -212.5 | 698.5 | 394.2 | -57.7 | -509.6 | 13 |
| Nonfinancial business; total time and savings deposits; asset | FA143030005 | 49.8 | 164.2 | 82.3 | -6.6 | 76.6 | 181.6 | 77.5 | 100.7 | -62.7 | 14 |
| Nonfinancial business; money market fund shares; asset | FA143034005 | 111.9 | 131.3 | 103.3 | 194.8 | 80.4 | 6.0 | 132.2 | -60.7 | -2.9 | 15 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | -1.2 | 23.3 | -12.0 | -46.6 | 31.3 | -25.1 | -7.4 | 10.0 | -19.3 | 16 |
| Nonfinancial business; debt securities; asset | FA144022005 | 66.1 | 36.0 | 32.8 | -86.0 | 159.0 | -0.3 | 58.6 | -76.1 | 160.0 | 17 |
| Nonfinancial corporate business; commercial paper; asset | FA103069100 | 55.4 | 30.3 | 5.6 | -55.2 | 141.6 | -68.6 | 4.7 | -112.5 | 97.4 | 18 |
| Nonfinancial business; Treasury securities; asset | FA143061105 | 5.6 | 10.2 | 20.9 | -20.1 | 11.9 | 50.4 | 41.3 | 28.7 | 52.7 | 19 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FA103061703 | 2.4 | 3.6 | 5.6 | -12.1 | 5.4 | 16.7 | 12.3 | 6.9 | 8.6 | 20 |
| Nonfinancial business; municipal securities; asset | FA143062005 | 2.7 | -8.1 | 0.8 | 1.4 | 0.1 | 1.2 | 0.4 | 0.8 | 1.4 | 21 |
| Nonfinancial business; loans; asset | FA144023005 | 3.3 | 12.3 | 10.5 | 25.0 | -62.7 | 13.4 | 66.2 | 20.9 | -58.4 | 22 |
| Nonfinancial business; total mortgages; asset | FA143065005 | 3.9 | 12.3 | 10.4 | 12.4 | 7.3 | 12.0 | 10.1 | 11.9 | 12.1 | 23 |
| Nonfinancial business; consumer credit; asset | FA143066005 | -0.7 | -0.0 | 0.0 | 12.5 | -70.0 | 1.5 | 56.1 | 9.0 | -70.5 | 24 |
| Nonfinancial corporate business; corporate equities; asset | FA103064103 | 10.2 | -136.0 | -103.8 | -95.1 | -102.9 | -103.2 | -114.1 | -103.8 | -103.8 | 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 | 451.2 | -89.1 | 645.6 | 535.3 | 624.2 | 515.2 | 907.5 | 843.1 | 848.0 | 27 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FA103092005 | 4.8 | 182.6 | 308.0 | 297.9 | 486.7 | 154.8 | 292.6 | 260.1 | 319.9 | 28 |
| Nonfinancial business; total miscellaneous assets | FA143090005 | 1646.2 | 78.7 | 297.1 | 579.7 | -240.9 | 1198.4 | -348.6 | 1371.5 | 1483.9 | 29 |
| Nonfinancial business; total liabilities and equity | FA144194005 | 2184.4 | 746.5 | 950.3 | 1052.7 | -32.5 | 987.4 | 1793.8 | 1921.2 | 1597.1 | 30 |
| Nonfinancial business; total liabilities | FA144190005 | 2369.9 | 721.8 | 1225.6 | 919.1 | 117.4 | 1471.3 | 2394.6 | 2627.6 | 1928.1 | 31 |
| Nonfinancial corporate business; debt securities; liability | FA104122005 | 278.4 | 654.1 | 216.0 | 288.1 | 288.6 | 381.5 | -94.2 | 157.7 | 86.3 | 32 |
| Nonfinancial corporate business; commercial paper; liability | FA103169100 | -1.9 | -62.3 | 6.0 | -212.4 | 124.2 | 51.8 | 60.5 | -26.8 | 268.3 | 33 |
| Nonfinancial corporate business; municipal securities; liability | FA103162000 | 15.9 | 4.9 | 10.7 | 10.6 | 14.7 | 20.7 | -3.1 | 20.7 | 11.3 | 34 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 264.4 | 711.6 | 199.2 | 490.0 | 149.6 | 309.0 | -151.7 | 163.8 | -193.3 | 35 |
| Nonfinancial business; loans; liability | FA144123005 | 480.7 | 845.2 | 641.9 | 565.9 | 119.8 | 539.2 | 1342.9 | 1297.9 | 1379.5 | 36 |
| Nonfinancial business; depository institution loans n.e.c.; liability | FA143168005 | 47.0 | 251.1 | -123.8 | 33.1 | -513.9 | -368.0 | 353.8 | 315.9 | 596.5 | 37 |
| Nonfinancial business; other loans and advances; liability | FA143169005 | 136.6 | 284.1 | 361.8 | 234.0 | 284.9 | 478.6 | 449.8 | 486.1 | 249.6 | 38 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 297.1 | 309.9 | 403.9 | 298.8 | 348.7 | 428.6 | 539.3 | 495.8 | 533.4 | 39 |
| Nonfinancial business; trade payables; liability | FA143170005 | 172.9 | -184.0 | 559.0 | 401.5 | 501.9 | 383.6 | 948.8 | 612.3 | 600.7 | 40 |
| Nonfinancial business; taxes payable; liability | FA143178005 | 0.0 | 23.7 | -17.2 | -26.8 | -50.3 | -7.1 | 15.4 | 168.1 | -195.4 | 41 |
| Nonfinancial business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA143192305 | -7.2 | -64.8 | 19.6 | 20.7 | -60.9 | 63.8 | 54.8 | 20.5 | -27.7 | 42 |
| Nonfinancial business; total miscellaneous liabilities | FA143190005 | 1445.2 | -552.4 | -193.7 | -330.4 | -681.7 | 110.2 | 126.9 | 371.2 | 84.7 | 43 |
| Nonfinancial business; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FA143181105 | -185.6 | 24.7 | -275.2 | 133.7 | -149.9 | -483.9 | -600.8 | -706.5 | -331.0 | 44 |
| Nonfinancial corporate business; corporate equities; liability | FA103164103 | -457.0 | -170.9 | -619.6 | -121.6 | -532.8 | -873.2 | -950.7 | -911.5 | -540.3 | 45 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business | FA112090205 | 36.7 | 36.8 | -16.3 | -30.3 | 30.8 | 8.1 | -73.8 | -30.9 | -13.5 | 46 |
| Nonfinancial business; foreign direct investment in U.S.; liability (market value) | FA143192105 | 234.8 | 158.8 | 360.6 | 285.6 | 352.2 | 381.1 | 423.7 | 235.9 | 222.9 | 47 |
| Nonfinancial corporate business; sector discrepancy | FA107005005 | -463.1 | -38.6 | -278.4 | -110.0 | -482.9 | -1025.0 | 504.2 | -796.7 | -175.8 | 48 |
NOTES
- Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
Last Update: September 9, 2022