F.4 Saving and Investment by Sector (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2021 2022 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 Line
All domestic sectors; gross saving excluding consumer durables (NIPA) FA886000115 4200.7 4699.9 4612.7 4738 4827.4 4621.4 4466.9 4480.2 4415.7 1
All sectors; net saving including net capital transfers paid (sum of pieces) FA896006005 327.4 400 471.8 477.8 459.2 191.1 -40.5 -76.9 -196.6 2
Private domestic sectors; net saving including net capital transfers paid FA836006005 2823.9 1401.8 1268.8 1344.3 1511.6 1482.7 1696.6 1773.6 1685.9 3
Domestic business; net saving including net capital transfers paid FA826006005 703.4 779 565.1 791.9 899 860.2 748.4 746 870.6 4
Nonfinancial corporate business; disposable income, net; net saving (IMA) FA106012005 638.6 674.2 582.8 689 724.4 700.5 624.5 632.8 652.7 5
Domestic financial sectors; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA796012005 64.8 104.9 -17.7 102.9 174.5 159.7 123.8 113.2 217.9 6
Households and nonprofit organizations; net saving including net capital transfers paid excluding consumer durables and government insurance and pension fund reserves FA156006005 2120.5 622.8 703.8 552.4 612.6 622.4 948.2 1027.6 815.4 7
General government; net saving including net capital transfers paid FA366006005 -2496.6 -1001.9 -797 -866.5 -1052.3 -1291.6 -1737.1 -1850.4 -1882.5 8
Federal government; net saving including net capital transfers paid, insurance and pension fund reserves adjustment and contributions for government social insurance for U.S. affiliated areas (NIPA) FA316006005 -2739.9 -1062.2 -974.4 -960.5 -1072.7 -1241.2 -1673.7 -1665.7 -1688.3 9
State and local governments; net saving including net capital transfers paid FA216006005 243.4 60.4 177.4 93.9 20.4 -50.4 -63.4 -184.7 -194.2 10
All domestic sectors; consumption of fixed capital, equipment, software, and structures, current cost basis (IMA, sum of parts) FA886300095 3873.3 4299.9 4140.9 4260.2 4368.2 4430.3 4507.4 4557 4612.3 11
Private domestic sectors; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis FA836300005 3214.3 3577.6 3442.9 3542.8 3636.4 3688.2 3753.3 3797.3 3845.4 12
Domestic business; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis) FA826300003 2492.4 2756.6 2652.7 2727.7 2800.7 2845.1 2910.2 2949 2983 13
Nonfinancial corporate business; consumption of fixed capital, structures, equipment, and intellectual property products, including equity REIT residential structures (NIPA basis) FA106300003 1818.3 2004.7 1929.2 1983.1 2036 2070.3 2121.6 2153.1 2177.8 14
Nonfinancial noncorporate business; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis FA116300001 398.4 445.2 429.3 441.9 452 457.8 463 467 472.4 15
Domestic financial sectors; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, including noncorporate financial, current cost basis (IMA) FA796330081 275.7 306.6 294.1 302.6 312.7 317.1 325.6 328.9 332.8 16
Households and nonprofit organizations; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA156300003 722 821 790.2 815.1 835.7 843.1 843.1 848.3 862.4 17
General government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA366300005 659 722.3 698 717.4 731.8 742.1 754.1 759.7 766.9 18
Federal government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA316300001 326 350.8 341.1 348.7 354.4 359 364.3 368 372.5 19
State and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis) FA216300001 333 371.5 356.8 368.7 377.4 383.1 389.7 391.7 394.4 20
All domestic sectors; gross domestic investment, capital account transactions, and net lending (NIPA) FA885090015 4195.2 4647.6 4499.8 4586.5 4672.4 4831.6 4795.1 4917.4 5103.7 21
All domestic sectors; gross fixed investment and inventories FA885019905 5043 5633.4 5615 5597.6 5607 5714.1 5667.6 5754.6 5924 22
Private domestic sectors; gross fixed investment and inventories FA835019905 4216.3 4756.6 4766.8 4739 4724.6 4796.2 4725.8 4780.3 4922.1 23
Domestic business; gross fixed investment and inventories FA825019905 3023.8 3510.9 3465 3459.3 3496.4 3622.7 3553.7 3609.5 3731.8 24
Nonfinancial corporate business; gross fixed investment with and inventories (IMA) FA105019985 2225.8 2626.8 2586.1 2581.1 2615.6 2724.4 2657.6 2688.3 2789.3 25
Nonfinancial noncorporate business; total capital expenditures (IMA) FA115050085 491 546.9 555.4 545.2 538 548.9 537.2 551 572.6 26
Domestic financial sectors; gross fixed investment, nonresidential structures, equipment, and intellectual property products FA795013005 307.1 337.2 323.5 333 342.7 349.4 358.8 370.1 369.8 27
Households and nonprofit organizations; gross fixed investment excluding consumer durables FA155019005 1192.4 1245.8 1301.8 1279.7 1228.3 1173.4 1172.2 1170.8 1190.3 28
General government; gross fixed investment FA365019005 826.8 876.8 848.2 858.5 882.3 918 941.8 974.4 1001.9 29
Federal government; gross fixed investment (NIPA basis) FA315019001 378 406.5 395.4 402.8 404 423.9 427.7 437.2 445.5 30
State and local governments; gross fixed investment (NIPA basis) FA215019001 448.8 470.2 452.8 455.7 478.4 494.1 514.2 537.2 556.5 31
Rest of the world; capital account transactions (net) (2) FA265430003 3.7 5.3 8.6 14.1 -16.2 14.6 24.1 11.5 8.9 32
Private domestic sectors; capital account transactions (net) FA835430005 -43.9 140.3 336.8 134.3 30.8 59.2 8.1 -15.1 -439.9 33
Domestic business; capital account transactions (net) FA825430005 13.5 153.2 320.7 117.7 120.9 53.4 -4.2 -4.4 -0.7 34
Nonfinancial corporate business; capital account transactions (net) FA105430005 -4 135 320.7 117.7 52 49.8 -4.2 -4.4 -0.7 35
Nonfinancial noncorporate business; net capital transfers paid FA115440005 -5.2 -10.1 0 0 -36 -4.4 0 0 0 36
Domestic financial sectors; net capital transfers paid FA795440005 22.7 28.2 0 0 104.9 8 0 0 0 37
Households and nonprofit organizations; capital account transactions (net) FA155430005 -57.3 -12.9 16.1 16.6 -90.1 5.8 12.3 -10.7 -439.1 38
General government; capital account transactions (net) FA365430005 47.5 -135 -328.2 -120.2 -47 -44.6 16 26.6 448.8 39
Federal government; capital account transactions (net) FA315430005 112.2 75.7 -264.5 400.2 87.9 79.2 85.5 102.6 528.7 40
State and local governments; capital account transactions (net) FA215430005 -64.7 -210.7 -63.7 -520.4 -134.9 -123.9 -69.5 -76 -79.9 41
All domestic sectors; net lending (+) or borrowing (-) (capital account) (3) FA885000905 -851.5 -991.1 -1123.8 -1025.2 -918.4 -897.1 -896.7 -848.7 -829.2 42
Private domestic sectors; net lending (+) or borrowing (-) (capital account) FA835000905 1860.4 30.2 -504.7 -137.8 237.5 525.8 1044.1 1243 1737.2 43
Domestic business; net lending (+) or borrowing (-) (capital account) FA825000905 153 -180.7 -680.8 -209 -72.6 239.5 437.3 527.2 810.6 44
Nonfinancial corporate business; net lending (+) or borrowing (-) (capital account), excludes statistical discrepancy (3) FA105000995 229.6 -135.3 -507.7 -178.1 -62.2 206.8 420.9 539.2 729.9 45
Nonfinancial noncorporate business; net lending (+) or borrowing (-) (capital account) FA115000905 -87.4 -91.5 -126 -103.4 -50 -86.7 -74.2 -84 -100.2 46
Domestic financial sectors; net lending (+) or borrowing (-) (capital account) FA795000905 10.7 46.1 -47.1 72.5 39.6 119.3 90.7 72 180.8 47
Households and nonprofit organizations; net lending (+) or borrowing (-) (capital account) FA155000905 1707.4 210.9 176.1 71.2 310.1 286.3 606.9 715.7 926.6 48
General government; net lending (+) or borrowing (-) (capital account) FA365000905 -2711.9 -1021.3 -619 -887.4 -1155.9 -1422.8 -1940.8 -2091.7 -2566.4 49
Federal government; net lending (+) or borrowing (-) (capital account) FA315000905 -2904 -1193.6 -764.2 -1414.8 -1210.2 -1385.3 -1822.5 -1837.4 -2290 50
State and local governments; net lending (+) or borrowing (-) (capital account) FA215000905 192.2 172.3 145.1 527.4 54.4 -37.5 -118.3 -254.3 -276.4 51
Gross domestic product (GDP); statistical discrepancy (calculated from components) FA087005005 -5.5 -52.3 -112.9 -151.5 -155 210.2 328.2 437.3 688 52
All sectors; disaster losses FA895404005 62 60 0 0 240 0 0 0 0 53
Private domestic sectors; disaster losses FA835404005 58 57 0 0 228 0 0 0 0 54
Domestic business; disaster losses FA825404003 38.3 27.8 0 0 111.3 0 0 0 0 55
Households and nonprofit organizations; disaster losses on residential structures FA155404003 19.7 29.2 0 0 116.7 0 0 0 0 56
General government; disaster losses FA365404005 4 3 0 0 12 0 0 0 0 57
Federal government; disaster losses FA315404003 0 0 0 0 0 0 0 0 0 58
State and local governments; disaster losses FA215404003 4 3 0 0 12 0 0 0 0 59

NOTES

  1. This table is based on NIPA table 5.1 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov). It is consistent with the Integrated Macroeconomic Accounts of the United States jointly compiled by the Federal Reserve Board and the Bureau of Economic Analysis.
  2. Consists of net capital transfers shown on table F.5 and the acquisition of nonproduced nonfinancial assets (net) shown on table F.2.
  3. Differs from net lending or net borrowing (capital account) in the Integrated Macroeconomic Accounts of the United States by the statistical discrepancy (line 52).
Last Update: December 7, 2023