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 | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial business; income before taxes | FA146110005 | 4533.7 | 4749.1 | 4584.2 | 4662.8 | 4809.1 | 4940.6 | 4958.6 | 5090.1 | 5126.5 | 1 |
| Nonfinancial business; gross saving less net capital transfers paid | FA146000105 | 3092.2 | 3464.5 | 3291.8 | 3381.7 | 3533.6 | 3650.8 | 3491.5 | 3609 | 3707.5 | 2 |
| Nonfinancial business; gross investment | FA145090005 | 3154.2 | 3420 | 2394.3 | 3147.5 | 4446.2 | 3692 | 2685.9 | 3375.4 | 3272.5 | 3 |
| Nonfinancial business; total capital expenditures | FA145050005 | 3370.3 | 3444.3 | 3331.2 | 3398.9 | 3515.2 | 3531.9 | 3534 | 3669.4 | 3705.8 | 4 |
| Nonfinancial business; gross fixed investment | FA145019005 | 3114.2 | 3403.6 | 3312.2 | 3400.9 | 3424.3 | 3477 | 3513.9 | 3573 | 3623.3 | 5 |
| Nonfinancial business; gross fixed investment, residential equipment and structures | FA145012005 | 207.4 | 207.9 | 199.7 | 203.9 | 211.8 | 216.2 | 215.3 | 216.7 | 215.5 | 6 |
| Nonfinancial business; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA145013005 | 2906.8 | 3195.7 | 3112.5 | 3197 | 3212.5 | 3260.9 | 3298.6 | 3356.2 | 3407.8 | 7 |
| Nonfinancial business; inventories | FA145020005 | 149.6 | 41.7 | 20.9 | 0 | 89.2 | 56.7 | 21.4 | 96.8 | 84 | 8 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FA105420005 | 106.5 | -1 | -1.9 | -2 | 1.7 | -1.9 | -1.3 | -0.4 | -1.5 | 9 |
| Nonfinancial business; net lending (+) or borrowing (-) (financial account) | FA145000005 | -216.1 | -24.3 | -936.8 | -251.4 | 931 | 160.1 | -848.1 | -294 | -433.2 | 10 |
| Nonfinancial business; total financial assets | FA144090005 | 3740.7 | 673 | 529.9 | 490.8 | 1785.1 | -113.9 | -652.3 | 298.5 | 372.5 | 11 |
| Nonfinancial business; checkable deposits and currency; asset | FA143020005 | -40.2 | 28.1 | 136.7 | -310.2 | 437.3 | -151.4 | 171.1 | -377.2 | -290.6 | 12 |
| Nonfinancial business; total time and savings deposits; asset | FA143030005 | 63.4 | 146.4 | -19.3 | 478.7 | 123.9 | 2.4 | 24.2 | 15.3 | -70 | 13 |
| Nonfinancial corporate business; private foreign deposits; asset | FA103091003 | 34.7 | 44.2 | -11.2 | 114.5 | 34.7 | 38.8 | -4.5 | -79.8 | -33.1 | 14 |
| Nonfinancial business; money market fund shares; asset | FA143034005 | -68.9 | 160.1 | 324.3 | 140.2 | 103.5 | 72.5 | 91.9 | 88.2 | 171.7 | 15 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | 3.4 | -2.7 | 8.7 | -1.1 | -9.4 | -9.2 | 29.3 | -25.2 | 70 | 16 |
| Nonfinancial business; debt securities; asset | FA144022005 | 16.1 | -9.2 | 19.2 | 54.9 | 171.7 | -282.6 | 95.5 | -79.2 | 31.3 | 17 |
| Nonfinancial corporate business; commercial paper; asset | FA103069100 | -39.4 | -20.6 | 36 | -30.2 | 103.5 | -191.9 | 82 | 17.8 | -70 | 18 |
| Nonfinancial business; Treasury securities; asset | FA143061105 | 43.6 | 10.6 | -11.7 | 66.4 | 54 | -66.3 | 12.4 | -66.4 | 74.1 | 19 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FA103061703 | 5.8 | 3.5 | -0.9 | 18.5 | 9.8 | -13.4 | 0.9 | -23.7 | 30.6 | 20 |
| Nonfinancial business; municipal securities; asset | FA143062005 | 3.4 | -0 | -0.2 | 0.8 | 0.8 | -1.4 | 1 | 1.5 | 0.6 | 21 |
| Equity real estate investment trusts; corporate and foreign bonds; asset | FA123063003 | 2.7 | -2.6 | -4 | -0.6 | 3.7 | -9.6 | -0.8 | -8.4 | -4.1 | 22 |
| Nonfinancial business; loans; asset | FA144023005 | -7.1 | 9.4 | 16.5 | -23.8 | 11.5 | 33.2 | -15.7 | -18.4 | 7.6 | 23 |
| Nonfinancial business; total mortgages; asset | FA143065005 | -7 | 9.4 | 27.9 | 2.6 | 0.2 | 6.8 | -1.2 | 8.5 | -0.9 | 24 |
| Nonfinancial business; consumer credit; asset | FA143066005 | -0 | -0 | -11.4 | -26.3 | 11.2 | 26.4 | -14.4 | -26.9 | 8.5 | 25 |
| Nonfinancial corporate business; U.S. direct investment abroad: intercompany debt (market value) | FA103092305 | -31.9 | 29.2 | 124.7 | -63 | 48.1 | 6.9 | -5.7 | -66.2 | 36.5 | 26 |
| Nonfinancial corporate business; corporate equities; asset | FA103064103 | -136.2 | 71.9 | 67.1 | 72.7 | 70 | 77.9 | 71.9 | 71.9 | 71.9 | 27 |
| Nonfinancial corporate business; U.S. direct investment abroad: equity; asset (market value) | FA103092105 | 298.6 | 272.8 | 146.3 | 208.9 | 347.9 | 388.1 | 309.2 | 159.3 | 133.9 | 28 |
| Nonfinancial business; equity in government-sponsored enterprises (GSEs); asset | FA143092405 | 1 | 3.4 | 8.8 | 2.1 | 0.9 | 1.7 | -0.4 | 2.6 | -0.5 | 29 |
| Nonfinancial corporate business; mutual fund shares; asset | FA103064203 | -19.7 | -40.9 | -40.9 | -40.9 | -40.9 | -40.9 | -40.9 | -40.9 | -40.9 | 30 |
| Nonfinancial business; trade receivables; asset | FA143070005 | 605.8 | 41.6 | -88.6 | 123.9 | 352.5 | -221.5 | -331.3 | 553.5 | 40.6 | 31 |
| Nonfinancial business; total miscellaneous assets | FA143090005 | 3021.7 | -81.3 | -162.5 | -266.3 | 133.3 | -29.8 | -1046.9 | 94.7 | 244 | 32 |
| Nonfinancial business; total liabilities and equity | FA144194005 | 3956.8 | 697.2 | 1466.8 | 742.2 | 854 | -274 | 195.9 | 592.5 | 805.8 | 33 |
| Nonfinancial business; total liabilities | FA144190005 | 4382.6 | 1080.1 | 1631.8 | 956.6 | 997.8 | 734.1 | 515 | 820.1 | 1241.9 | 34 |
| Nonfinancial corporate business; debt securities; liability | FA104122005 | 78.6 | 226 | 552.1 | 150.1 | 106.6 | 95 | 538.2 | 275.5 | 317.4 | 35 |
| Nonfinancial corporate business; commercial paper; liability | FA103169100 | 59.3 | 20.4 | -71.8 | 21.2 | 59.4 | 72.8 | 69.2 | -32 | -179.8 | 36 |
| Nonfinancial corporate business; municipal securities; liability | FA103162000 | 0.8 | -1.4 | 7.4 | 10.3 | -0.9 | -22.3 | 26.7 | 28.6 | 21.1 | 37 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163005 | 18.5 | 206.9 | 616.5 | 118.6 | 48.1 | 44.5 | 442.3 | 278.9 | 476 | 38 |
| Nonfinancial business; loans; liability | FA144123005 | 1007.3 | 181.8 | 370.7 | 168.3 | 150.1 | 38.4 | 284.5 | 532.8 | 331.6 | 39 |
| Nonfinancial business; depository institution loans n.e.c.; liability | FA143168005 | 294.4 | -20.9 | 98.1 | -29.9 | -128.8 | -23.1 | 26.5 | 136.3 | -24.8 | 40 |
| Nonfinancial business; other loans and advances; liability | FA143169005 | 236.2 | -23.7 | -68.5 | -6.5 | 77.7 | -97.4 | 25.2 | 256 | 153.8 | 41 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 476.8 | 226.4 | 341 | 204.6 | 201.1 | 158.9 | 232.8 | 140.5 | 202.7 | 42 |
| Nonfinancial business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA143192305 | 54.3 | -15.6 | -4.9 | 15.7 | -38.9 | -34.2 | 5.2 | 50.6 | 60.6 | 43 |
| Nonfinancial business; trade payables; liability | FA143170005 | 490.9 | -22.5 | -265 | 29.2 | 330.9 | -185.3 | -182.8 | 235.7 | 68.9 | 44 |
| Nonfinancial business; taxes payable; liability | FA143178005 | 43.2 | -17.9 | 111.2 | -144.2 | 9.8 | -48.4 | 69.4 | -180.4 | 13.2 | 45 |
| Nonfinancial business; total miscellaneous liabilities | FA143190005 | 2708.2 | 728.3 | 867.6 | 737.7 | 439.3 | 868.6 | -199.5 | -94.1 | 450.2 | 46 |
| Nonfinancial business; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FA143181105 | -425.8 | -382.8 | -165 | -214.4 | -143.8 | -1008.1 | -319.1 | -227.6 | -436.1 | 47 |
| Nonfinancial corporate business; corporate equities; liability | FA103164105 | -562.6 | -631.1 | -403.4 | -444.5 | -460.7 | -1215.6 | -640 | -481.1 | -606.6 | 48 |
| Nonfinancial business; foreign direct investment in U.S.; liability (market value) | FA143192105 | 257.6 | 283.3 | 402.2 | 209.2 | 267.1 | 254.8 | 204.6 | 245.6 | 213.9 | 49 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business | FA112090205 | -120.8 | -35.1 | -163.8 | 20.8 | 49.8 | -47.3 | 116.3 | 8 | -43.5 | 50 |
| Nonfinancial corporate business; sector discrepancy | FA107005005 | -62 | 44.5 | 897.5 | 234.2 | -912.6 | -41.2 | 805.7 | 233.6 | 435 | 51 |
NOTES
- Sum of nonfinancial corporate business (table F.103) and nonfinancial noncorporate business (table F.104).
Last Update: December 12, 2024