L.4.s Net Stocks of Fixed Assets, current cost
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2021 2022 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 Line
All domestic sectors; gross fixed investment, current cost basis FL885019865 77441.2 85943.2 80121 82843.3 84768 85943.2 86754.7 87008.9 87677.1 1
All domestic sectors; gross fixed investment, structures, current cost basis FL885019665 62437.6 69726.7 64773.4 67147.3 68814.6 69726.7 70194 70321.7 70791.2 2
All domestic sectors; gross fixed investment, equipment, current cost basis FL885019265 9303.9 9984.3 9509.1 9712.1 9840.5 9984.3 10158.3 10137.5 10191 3
All domestic sectors; nonresidential intellectual property products, current cost basis FL885013765 5699.7 6232.2 5838.5 5984 6112.8 6232.2 6402.4 6549.7 6694.9 4
All domestic sectors; nonresidential software, current cost basis FL885013365 1078.1 1214.6 1110 1152.2 1196.5 1214.6 1271.6 1301.7 1339.2 5
All domestic sectors; nonresidential research and development, current cost basis FL885013465 4023.5 4376.8 4119.5 4207 4282.9 4376.8 4477.8 4582.9 4691.1 6
Private domestic sectors; nonresidential entertainment, literary, and artistic originals, current cost basis FL835013565 598 640.8 609 624.8 633.5 640.8 653 665.1 664.6 7
All domestic sectors; gross fixed investment, current cost basis FL885019865 77441.2 85943.2 80121 82843.3 84768 85943.2 86754.7 87008.9 87677.1 8
Households and nonprofit organizations; structures, equipment, and intellectual property products, current cost basis (Fixed assets basis) FL155015015 27299.3 30694.5 28503.3 29608.2 30282.5 30694.5 30673.2 30719.5 31148.8 9
Nonfinancial corporate business; structures, equipment, and intellectual property products, current cost basis (includes used car premium and REITs residential structures) FL105015085 20919.4 23086.2 21487.2 22129.1 22726.3 23086.2 23585.8 23748.6 23859.1 10
Nonfinancial noncorporate business; structures, equipment, and intellectual property products, current cost basis (NIPA basis) FL115015005 8822.6 9796.3 9149.2 9463.4 9675.1 9796.3 9780.7 9720.2 9722.6 11
Federal government; nonfinancial assets (does not include land) FL315015005 4098.2 4412.6 4196.3 4300.9 4356.4 4412.6 4476.3 4514 4555.6 12
State and local governments; net fixed investment (NIPA basis) FL215015005 14063.2 15427.1 14472.5 14945.8 15250.6 15427.1 15662.3 15723.6 15805 13
Domestic financial sectors; nonfinancial assets (does not include land) (1) FL795013865 2238.4 2526.4 2312.6 2396 2477 2526.4 2576.5 2583 2585.9 14
Monetary authority; nonresidential structures, equipment, and intellectual property products, current cost basis FL715013865 12.8 14.7 13.3 13.8 14.4 14.7 15 15.1 15 15
Private depository institutions; nonresidential structures, equipment, and intellectual property products, current cost basis FL705013865 599.3 688.5 621.9 647.5 672.9 688.5 703.4 706.8 708.2 16
U.S.-chartered depository institutions; nonresidential structures, equipment, and intellectual property products, current cost basis FL765013865 440.5 497.7 455 471.7 488.3 497.7 508.7 511.3 512.5 17
Foreign banking offices in the U.S.; nonresidential structures, equipment, and intellectual property products, current cost basis FL755013865 76.8 92.4 80.7 85.1 89.4 92.4 94.4 94.7 94.8 18
Banks in U.S.-affiliated areas; nonresidential structures, equipment, and intellectual property products, current cost basis FL745013865 1.9 2 1.9 1.9 2 2 2.1 2.1 2.1 19
Credit unions; nonresidential structures, equipment, and intellectual property products, current cost basis FL475013865 80.2 96.3 84.3 88.7 93.2 96.3 98.3 98.7 98.8 20
Property-casualty insurance companies; nonresidential structures, equipment, and intellectual property products, current cost basis FL515013865 205.8 237.2 213.7 222.7 231.7 237.2 242.9 244.6 245.8 21
Life insurance companies; nonresidential structures, equipment, and intellectual property products, current cost basis FL545013865 178.7 207.5 185.9 194 202 207.5 213 215.6 217.7 22
Private pension funds; nonresidential structures, equipment, and intellectual property products, current cost basis FL575013865 3.5 4.7 3.8 4.1 4.4 4.7 5 5.3 5.6 23
State and local government employee retirement funds; nonresidential structures, equipment, and intellectual property products, current cost basis FL225013865 9.2 12.2 9.9 10.7 11.6 12.2 12.8 13.2 13.5 24
Government-sponsored enterprises; nonresidential structures, equipment, and intellectual property products, current cost basis FL405013865 3.8 4.4 4 4.1 4.3 4.4 4.4 4.4 4.3 25
Issuers of asset-backed securities; consumer leases FL675013263 0 0 0 0 0 0 0 0 0 26
Finance companies; nonresidential structures, equipment, and intellectual property products excluding securitized equipment, current cost basis FL615013865 514.8 542.5 523.2 532 538.2 542.5 548.5 543.5 541.1 27
Security brokers and dealers; nonresidential structures, equipment, and intellectual property products, current cost basis FL665013865 257 297.7 267.2 278.8 290.4 297.7 305.7 308.8 311.3 28
Holding companies; nonresidential structures, equipment, and intellectual property products, current cost basis FL735013865 453.6 517.2 469.8 488.3 507.1 517.2 525.7 525.8 523.4 29
Households and nonprofit organizations; consumer durable goods, current cost basis (2) FL155111005 6998.1 7645.6 7271.1 7410.7 7576.3 7645.6 7735.3 7839 7850.3 30
Nonfinancial business; inventories (3) FL145020005 3445.9 3800.6 3659.1 3826.8 3809.1 3800.6 3789 3752.8 3800.3 31

NOTES

  1. Domestic financial subsector detail are based on FRB staff estimates.
  2. Consumer durable goods are not included above, consistent with their treatment in the NIPAs. In Financial Accounts, consumer durables are included in household sector fixed investment (table B.101, line 8).
  3. Not included above.
Last Update: December 7, 2023