Financial Accounts of the United States - Z.1
R.104 Change in Net Worth of Nonfinancial Noncorporate Business
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial noncorporate business; net worth (1) | FC112090005 | 1053.3 | 2594.1 | 1106.6 | 483 | 644.5 | 217 | -237.9 | -172.1 | 209 | 1 |
| Nonfinancial noncorporate business; net capital transfers paid | FU115440005 | 0 | -5.2 | -10.1 | 0 | 0 | -9 | -1.1 | 0 | 0 | 2 |
| Nonfinancial noncorporate business; net investment | FU115060005 | 13.4 | -16.8 | -61.7 | -78.4 | -4.8 | 25 | -3.5 | -77.1 | 28.2 | 3 |
| Nonfinancial noncorporate business; net physical investment | FU115061005 | 68.5 | 94.6 | 102.5 | -32.6 | 52.2 | 42.4 | 40.5 | -38.1 | 45.7 | 4 |
| Nonfinancial noncorporate business; total capital expenditures | FU115050005 | 433.3 | 487.4 | 545.5 | 73.8 | 161.9 | 155.1 | 154.7 | 77.5 | 162.3 | 5 |
| Nonfinancial noncorporate business; gross fixed investment | FU115019005 | 444.9 | 491.8 | 528.7 | 65.8 | 158.3 | 154.4 | 150.2 | 77.1 | 161.4 | 6 |
| Nonfinancial noncorporate business; inventories | FU115020005 | -11.6 | -4.5 | 16.9 | 8 | 3.7 | 0.7 | 4.5 | 0.3 | 0.8 | 7 |
| Nonfinancial noncorporate business; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (gross saving) (NIPA basis) | FU116300005 | 364.8 | 392.7 | 443 | 106.4 | 109.8 | 112.7 | 114.2 | 115.6 | 116.6 | 8 |
| Nonfinancial noncorporate business; consumption of fixed capital, residential structures and equipment, current cost basis | FU116320005 | 108.4 | 121.3 | 127.8 | 30.2 | 31.1 | 32.5 | 34 | 37.5 | 39.2 | 9 |
| Nonfinancial noncorporate business; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis | FU116330005 | 256.4 | 271.5 | 315.3 | 76.3 | 78.6 | 80.2 | 80.2 | 78 | 77.4 | 10 |
| Nonfinancial noncorporate business; net lending (+) or borrowing (-) (financial account) | FU115000005 | -68.5 | -89.5 | -92.4 | 32.6 | -52.2 | -33.4 | -39.4 | 38.1 | -45.7 | 11 |
| Nonfinancial noncorporate business; total financial assets | FU114090005 | 1023.2 | 289.5 | 380.6 | 110.9 | 94.8 | 76.9 | 98 | 58.4 | 48.5 | 12 |
| Nonfinancial noncorporate business; total liabilities and equity | FU114194005 | 1091.6 | 379 | 473 | 78.3 | 147 | 110.3 | 137.4 | 20.4 | 94.1 | 13 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | FU115114103 | 2 | 0.8 | 0.5 | 0.3 | -0.1 | 0 | 0.1 | 0 | 0.1 | 14 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business (2) | FU112090205 | 11.4 | -22.8 | -72.3 | -78.8 | -4.7 | 16 | -4.7 | -77.1 | 28.1 | 15 |
| Nonfinancial noncorporate business; assets less liabilities with revaluations | FR118000005 | 1039.3 | 2641.6 | 1173.9 | 561.3 | 649.2 | 197.8 | -234.4 | -95.2 | 180.7 | 16 |
| Nonfinancial noncorporate business; nonfinancial assets | FR112010005 | 1035.7 | 2645.6 | 1185.7 | 566.3 | 652.4 | 201.8 | -234.8 | -97.3 | 182.1 | 17 |
| Nonfinancial noncorporate business; residential real estate at market value | FR115035023 | 733.9 | 1657.4 | 648.1 | 505.5 | 517.5 | -29 | -345.8 | -222.1 | 3.8 | 18 |
| Nonfinancial noncorporate business; nonresidential real estate at market value | FR115035035 | 249.5 | 840.9 | 154.9 | -57.9 | 36.3 | 139 | 37.5 | -4 | 98.8 | 19 |
| Nonfinancial noncorporate business; residential equipment, current cost basis (3) | FR115012265 | 6.1 | 5.8 | 2.9 | 2.9 | 1.1 | -1.3 | 0.2 | -0.7 | -2.1 | 20 |
| Nonfinancial noncorporate business; nonresidential equipment, current cost basis (3) | FR115013265 | 36.7 | 87.4 | 370.5 | 108.5 | 90.4 | 94 | 77.6 | 119.4 | 67.3 | 21 |
| Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis (3) | FR115013765 | 12.3 | 7.3 | 15.3 | 4.2 | 5.1 | 4 | 2.1 | 5.8 | 4.8 | 22 |
| Nonfinancial noncorporate business; inventories (3) | FR115020005 | -2.8 | 46.8 | -6 | 3.1 | 2.1 | -4.8 | -6.4 | 4.4 | 9.5 | 23 |
| Nonfinancial noncorporate business; debt securities; asset | FR114022005 | 3.5 | -4.2 | -11.8 | -4.9 | -3.3 | -4 | 0.4 | 1.9 | -1.4 | 24 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: intercompany debt; liability (market value) | FR115114305 | -0.1 | -0.1 | 0 | -0 | -0 | 0 | 0 | -0.2 | 0 | 25 |
| Nonfinancial noncorporate business; other volume changes (4) | FV118090005 | 0.6 | -25.5 | 4.6 | 0.1 | 0.1 | 3.3 | 1.2 | 0.1 | 0 | 26 |
| Nonfinancial noncorporate business; net worth (5) | LM112090005 | 13313.5 | 15907.6 | 17014.2 | 16390.6 | 17035.1 | 17252.1 | 17014.2 | 16842.1 | 17051.1 | 27 |
NOTES
- Sum of net capital transfers paid (line 2), net investment (line 3), net holding gains (line 16), and other volume changes (line 26).
- Shown on table F.104, line 36.
- Valued at current cost.
- Consists of statistical discontinuities and disaster-related losses to fixed assets.
- Table B.104, line 36.
Last Update: September 11, 2023