F.4.c Consumption of Fixed Capital
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2020 2021 2021 Q1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 Line
All domestic sectors; consumption of fixed capital, equipment, software, and structures, current cost basis (IMA, sum of parts) FA886300095 3577.8 3831.6 3690.5 3775.4 3875.7 3984.9 4113.6 4242.1 4357.6 1
All domestic sectors; consumption of fixed capital, structures FA886300065 1279.0 1388.9 1335.2 1367.8 1405.5 1447.1 1496.0 1544.2 1587.1 2
All domestic sectors; consumption of fixed capital, equipment FA886300025 1154.6 1207.2 1163.9 1189.8 1220.9 1254.4 1294.3 1334.5 1370.9 3
All domestic sectors; consumption of fixed capital, nonresidential intellectual property products FA886330075 1144.4 1236.7 1192.7 1219.0 1250.6 1284.7 1324.6 1364.8 1401.0 4
All domestic sectors; consumption of fixed capital, nonresidential software, current cost basis FA886330035 460.0 498.5 480.2 491.2 504.3 518.5 535.0 551.7 566.7 5
All domestic sectors; consumption of fixed capital, nonresidential research and development, current cost basis FA886330045 601.0 651.4 628.9 642.3 658.4 675.8 696.2 716.9 735.2 6
Private domestic sectors; consumption of fixed capital, nonresidential entertainment, literary, and artistic originals, current cost basis FA836330053 83.4 86.9 83.6 85.5 87.9 90.4 93.4 96.3 99.1 7
All domestic sectors; consumption of fixed capital, equipment, software, and structures, current cost basis (IMA, sum of parts) FA886300095 3577.8 3831.6 3690.5 3775.4 3875.7 3984.9 4113.6 4242.1 4357.6 8
Households and nonprofit organizations; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA156300003 630.9 704.5 668.8 692.7 717.9 738.6 770.2 794.6 814.5 9
Nonfinancial corporate business; consumption of fixed capital, structures, equipment, and intellectual property products, including equity REIT residential structures (NIPA basis) (1) FA106300003 1709.3 1801.3 1745.0 1776.0 1816.9 1867.2 1921.6 1982.0 2040.2 10
Nonfinancial noncorporate business; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis FA116300001 364.8 392.7 376.4 386.0 397.7 410.7 425.7 439.0 450.6 11
Federal government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA316300001 304.7 322.7 314.8 319.5 325.1 331.2 338.3 345.6 351.2 12
State and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis) FA216300001 301.2 324.4 311.3 319.9 328.0 338.5 352.9 365.5 375.2 13
Domestic financial sectors; consumption of fixed capital, structures, equipment, and intellectual property products, including noncorporate financial and excluding REIT residential structures, current cost basis (IMA) (2) FA796300081 266.8 286.0 274.1 281.2 289.9 298.7 305.0 315.3 325.8 14
Monetary authority; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis FA716330005 0.8 0.9 0.9 0.9 0.9 0.9 1.0 1.0 1.0 15
Private depository institutions; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis FA706330005 56.5 61.5 59.0 60.6 62.4 64.2 65.6 68.4 71.2 16
U.S.-chartered depository institutions; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis FA766330005 42.8 46.2 44.3 45.4 46.8 48.1 49.2 51.5 53.7 17
Foreign banking offices in the U.S.; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) FA756330005 6.6 7.5 7.1 7.3 7.6 7.8 8.0 8.2 8.5 18
Banks in U.S.-affiliated areas; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) FA746330005 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 19
Credit unions; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis FA476330005 6.9 7.8 7.4 7.6 7.9 8.1 8.3 8.5 8.8 20
Property-casualty insurance companies; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products FA516330005 29.1 32.6 31.2 32.1 33.0 34.1 34.8 35.9 37.0 21
Life insurance companies; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis FA546330005 22.2 25.1 24.0 24.7 25.4 26.2 26.8 27.6 28.5 22
Private pension funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) FA576330005 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 23
State and local government employee retirement funds; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (gross saving) FA226330005 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.5 24
Government-sponsored enterprises; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis FA406330005 0.5 0.6 0.5 0.6 0.6 0.6 0.6 0.6 0.6 25
Issuers of asset-backed securities; consumption of fixed capital; nonresidential equipment, current cost basis FA676330023 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 26
Finance companies; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products excluding securitized equipment, current cost basis FA616330005 77.0 77.6 74.4 76.3 78.7 81.1 82.8 85.4 88.1 27
Real estate investment trusts; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis (1) FA126330005 7.7 8.5 8.2 8.4 8.6 8.9 9.1 9.4 9.7 28
Security brokers and dealers; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis FA666330005 30.3 34.9 33.5 34.4 35.4 36.5 37.3 38.4 39.7 29
Holding companies; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis FA736330005 41.9 43.5 41.7 42.8 44.1 45.4 46.4 47.8 49.3 30
Households and nonprofit organizations; consumption of fixed capital, consumer durable goods (3) FA156300103 1212.8 1363.8 1293.9 1321.1 1393.7 1446.4 1480.7 1531.1 1558.0 31

NOTES

  1. Equity REIT residential structure consumption of fixed capital is included with the nonfinancial corporate business sector, consistent with their treatment in the NIPAs. In the Financial Accounts, equity REIT residential structure consumption of fixed capital is included with the financial business sector.
  2. Domestic financial subsector detail, including REITs, are based on FRB staff estimates.
  3. Consumer durable goods are not included above, consistent with their treatment in the NIPAs. In Financial Accounts, consumer durables are included in household sector capital expenditures.
Last Update: December 9, 2022