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 | 2021 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial noncorporate business; net worth (1) | FC112090005 | 2359.5 | 598.5 | -457.7 | 49.4 | -211.2 | 133.7 | 55.4 | 71.5 | -42.9 | 1 |
| Nonfinancial noncorporate business; net worth | FU112090005 | -123.9 | -110.1 | -8.4 | 20.5 | -27.8 | 31.6 | 18.8 | -2.1 | -57.5 | 2 |
| Nonfinancial noncorporate business; nonfinancial assets | FU112010005 | 92.5 | 129.9 | 127.4 | 152.6 | -25.8 | 67.8 | 61.0 | 49.6 | -21.8 | 3 |
| Nonfinancial noncorporate business; residential real estate at market value | FU115035023 | 52.7 | 46.7 | 43.0 | 40.6 | -19.4 | 29.2 | 27.9 | 2.8 | -23.5 | 4 |
| Nonfinancial noncorporate business; nonresidential real estate at market value | FU115035035 | 53.1 | 55.7 | 74.9 | 74.5 | 8.4 | 21.3 | 24.4 | 20.4 | 4.5 | 5 |
| Nonfinancial noncorporate business; residential equipment, current cost basis | FU115012265 | 5.0 | 4.5 | 4.5 | 4.5 | 1.1 | 1.1 | 1.2 | 1.1 | 1.0 | 6 |
| Nonfinancial noncorporate business; nonresidential equipment, current cost basis | FU115013265 | -37.8 | -22.3 | -28.6 | -23.2 | -26.7 | 0.0 | -8.3 | 11.7 | -23.8 | 7 |
| Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis | FU115013765 | 18.5 | 29.3 | 28.8 | 44.8 | 10.4 | 11.3 | 11.5 | 11.5 | 11.3 | 8 |
| Nonfinancial noncorporate business; inventories | FU115020005 | 1.0 | 16.0 | 4.8 | 11.5 | 0.3 | 4.8 | 4.3 | 2.0 | 8.7 | 9 |
| Nonfinancial noncorporate business; total financial assets | FU114090005 | 703.0 | 1056.1 | 211.2 | 236.3 | 60.8 | 46.5 | 56.3 | 72.6 | 56.5 | 10 |
| Nonfinancial noncorporate business; total liabilities | FU114190005 | 919.4 | 1296.1 | 347.1 | 368.4 | 62.9 | 82.7 | 98.5 | 124.3 | 92.2 | 11 |
| Nonfinancial noncorporate business; net worth | FR112090005 | 2513.6 | 721.6 | -449.6 | 28.7 | -183.4 | 102.1 | 36.5 | 73.5 | 14.5 | 12 |
| Nonfinancial noncorporate business; nonfinancial assets | FR112010005 | 2517.7 | 733.1 | -451.7 | 29.7 | -182.1 | 102.4 | 32.6 | 76.8 | 12.4 | 13 |
| Nonfinancial noncorporate business; residential real estate at market value | FR115035023 | 1578.1 | 462.4 | -345.6 | 60.6 | -117.5 | 70.9 | 65.2 | 42.0 | 15.9 | 14 |
| Nonfinancial noncorporate business; nonresidential real estate at market value | FR115035035 | 776.3 | 147.9 | -179.1 | -26.4 | -96.8 | 45.4 | -32.5 | 57.5 | -20.2 | 15 |
| Nonfinancial noncorporate business; residential equipment, current cost basis (2) | FR115012265 | 6.9 | -0.8 | -6.6 | -2.5 | 0.4 | -2.2 | 0.2 | -1.0 | -2.3 | 16 |
| Nonfinancial noncorporate business; nonresidential equipment, current cost basis (2) | FR115013265 | 105.4 | 105.2 | 71.2 | 9.2 | 26.5 | -4.8 | 6.3 | -18.7 | 18.7 | 17 |
| Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis (2) | FR115013765 | 7.4 | 10.9 | 9.4 | -16.7 | -3.9 | -5.0 | -4.4 | -3.4 | -4.2 | 18 |
| Nonfinancial noncorporate business; inventories (2) | FR115020005 | 43.6 | 7.4 | -0.9 | 5.6 | 9.1 | -1.9 | -2.1 | 0.5 | 4.5 | 19 |
| Nonfinancial noncorporate business; debt securities; asset | FR114022005 | -4.2 | -11.8 | 2.1 | -0.9 | -1.2 | -0.2 | 3.9 | -3.4 | 2.1 | 20 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: intercompany debt; liability (market value) | FR115114305 | -0.1 | -0.3 | -0.0 | 0.1 | 0.1 | 0.1 | -0.0 | -0.0 | 0.0 | 21 |
| Nonfinancial noncorporate business; net worth (3) | FV112090005 | -30.2 | -13.0 | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 22 |
| Nonfinancial noncorporate business; net worth (4) | LM112090005 | 15460.8 | 16059.3 | 15601.6 | 15651.0 | 15390.4 | 15524.1 | 15579.5 | 15651.0 | 15608.1 | 23 |
NOTES
- Sum of net investment (line 2), net holding gains (line 12), and other volume changes (line 22).
- Valued at current cost.
- Consists of statistical discontinuities and disaster-related losses to fixed assets.
- Table B.104, line 40.
Last Update: June 12, 2025