S.4.a Nonfinancial Noncorporate Business (1)
Billions of dollars
Description Series code 2016 2017 2018 2019 2020 2021 2022 2023 Line
Nonfinancial noncorporate business; gross value added FA116902505 3241.3 3411.9 3614.2 3765.2 3572.9 4029 4467.9 ND 1
Nonfinancial noncorporate business; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis FA116300001 313.8 326.6 342.6 357.9 372.1 398.4 445.2 469.8 2
Nonfinancial noncorporate business; net value added FA116902605 2927.5 3085.3 3271.7 3407.3 3200.8 3630.6 4022.7 ND 3
Nonfinancial noncorporate business; compensation of employees paid FA116025001 1041.2 1093.7 1150.9 1209.9 1184.9 1313.2 1437.7 1511.8 4
Nonfinancial noncorporate business; wages and salaries paid FA116020001 883.2 927.7 975.5 1027.8 1006.9 1124.1 1233.5 ND 5
Nonfinancial noncorporate business; employers' social contributions paid FA116401005 158 166 175.4 182.1 177.9 189.1 204.1 ND 6
Nonfinancial noncorporate business; taxes on production and imports less subsidies, payable FA116240101 208.7 223.7 244.6 253.5 37.5 106 276.5 282.8 7
Nonfinancial noncorporate business; operating surplus, net FA116402105 1677.7 1768 1876.2 1943.8 1978.5 2211.3 2308.5 ND 8
Nonfinancial noncorporate business; net national income/balance of primary incomes, net FA116140001 22.2 29 33.2 29 29.5 48.2 73.2 69.3 9
Nonfinancial noncorporate business; operating surplus, net FA116402105 1677.7 1768 1876.2 1943.8 1978.5 2211.3 2308.5 ND 10
Nonfinancial noncorporate business; interest received FA116130101 15.6 17.8 20.1 20.6 18.8 14.7 19.5 ND 11
Nonfinancial noncorporate business; uses of property income (paid) FA116150005 1671.1 1756.8 1863 1935.4 1967.8 2177.8 2254.9 ND 12
Nonfinancial noncorporate business; interest paid FA116130001 232.6 253.5 258.7 274.2 291.2 288 300.4 ND 13
Nonfinancial noncorporate business; withdrawals from income of quasi-corporations, paid (2) FA116122001 1438.2 1503 1603.2 1659.8 1675.6 1887.3 1952.1 ND 14
Nonfinancial noncorporate business; reinvested earnings on foreign direct investment in U.S.; paid FA113192281 0.3 0.3 1.1 1.5 1 2.5 2.4 ND 15
Nonfinancial noncorporate business; rents on land and natural resources paid FA116112001 0 0 0 0 0 0 0 ND 16
Nonfinancial noncorporate business; net national income/balance of primary incomes, net FA116140001 22.2 29 33.2 29 29.5 48.2 73.2 69.3 17
Nonfinancial noncorporate business; other current transfers paid FA116403001 22.2 29 33.2 29 29.5 48.2 73.2 69.3 18
Nonfinancial noncorporate business; disposable income, net; net saving FA116012005 0 0 0 0 0 0 0 0 19
Nonfinancial noncorporate business; disposable income, net; net saving FA116012005 0 0 0 0 0 0 0 0 20
Nonfinancial noncorporate business; net saving less net capital transfers paid FA116006305 0 9.4 3 0 0 5.2 10.1 0 21
Nonfinancial noncorporate business; disposable income, net; net saving FA116012005 0 0 0 0 0 0 0 0 22
Nonfinancial noncorporate business; net capital transfers paid FA115440005 0 -9.4 -3 0 0 -5.2 -10.1 0 23
Nonfinancial noncorporate business; capital formation, net FA115050985 53.5 85.6 72.5 99.2 64.1 92.6 101.6 86.5 24
Nonfinancial noncorporate business; gross fixed investment (IMA) FA115019085 364.8 410.9 411.7 456.9 448.1 490 533.2 547.8 25
Nonfinancial noncorporate business; nonresidential gross fixed capital formation FA115013085 246.3 284.3 279 319.1 296.8 307.9 343.8 373 26
Nonfinancial noncorporate business; gross fixed investment, residential equipment and structures FA115012005 118.5 126.6 132.7 137.8 151.3 182.1 189.3 174.8 27
Nonfinancial noncorporate business; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis FA116300001 313.8 326.6 342.6 357.9 372.1 398.4 445.2 469.8 28
Nonfinancial noncorporate business; inventories FA115020005 2.5 1.3 3.4 0.3 -12 1 13.7 8.5 29
Nonfinancial noncorporate business; net lending (+) or borrowing (-) (capital account) FA115000905 -53.5 -76.3 -69.5 -99.2 -64.1 -87.4 -91.5 -86.5 30
Nonfinancial noncorporate business; net lending (+) or borrowing (-) (capital account) FA115000905 -53.5 -76.3 -69.5 -99.2 -64.1 -87.4 -91.5 -86.5 31
Nonfinancial noncorporate business; total financial assets FA114090005 383.9 613.6 309.1 123.7 1034.2 703.1 351.3 135.5 32
Nonfinancial noncorporate business; total currency and deposits; asset FA114000005 73 117.9 59.3 49.4 262.8 173.6 113.9 50.7 33
Nonfinancial noncorporate business; checkable deposits and currency; asset FA113020005 24.8 26.7 11.5 13.8 60 78.2 42.5 7.1 34
Nonfinancial noncorporate business; total time and savings deposits; asset FA113030003 48.2 91.1 47.8 35.5 202.7 95.4 71.3 43.7 35
Nonfinancial noncorporate business; debt securities; asset FA114022005 2.8 6.9 1.9 -3.2 -1.6 2.3 12.8 -0.2 36
Nonfinancial noncorporate business; total U.S. government securities; asset FA113061003 2 6.1 2.2 -1.1 -2.3 2.2 11.9 -0.1 37
Nonfinancial noncorporate business; municipal securities; asset FA113062003 0.9 0.8 -0.3 -2.1 0.7 0.1 0.9 -0.1 38
Nonfinancial noncorporate business; loans; asset FA114023005 -2 8.4 1 1.7 2.6 -1.8 3.8 1 39
Nonfinancial noncorporate business; consumer credit; asset FA113066003 0 0 0 0 0 0 0 0 40
Nonfinancial noncorporate business; total mortgages; asset FA113065005 -2 8.4 1 1.7 2.6 -1.8 3.8 1 41
Nonfinancial noncorporate business; equity and investment fund shares; asset FA113081005 3.3 11.6 4.9 3.8 20.5 3.6 7.2 5.5 42
Nonfinancial noncorporate business; money market fund shares; asset FA113034003 2.6 9.1 4.8 3.5 20.2 2.4 6.3 2.3 43
Nonfinancial noncorporate business; equity in Farm Credit System; asset (3) FA113092405 0.7 2.6 0.2 0.3 0.2 1.3 0.9 3.2 44
Nonfinancial noncorporate business; insurance receivables due from property-casualty insurance companies; asset (4) FA113076005 -3 4 -1.3 9.9 6.9 17.1 9.5 10.4 45
Nonfinancial noncorporate business; other accounts receivable; asset FA113096005 309.7 464.8 243.2 62.1 743 508.2 204.1 68.1 46
Nonfinancial noncorporate business; trade receivables; asset FA113070003 76.7 55 49.6 -89.4 176.6 80.1 50.8 17.3 47
Nonfinancial noncorporate business; Paycheck Protection Program receivables due from federal government; asset FA113072003 0 0 0 0 145.8 -102.3 -41.6 -1.9 48
Nonfinancial noncorporate business; unidentified miscellaneous assets FA113093005 232.9 409.7 193.6 151.4 420.6 530.4 194.9 52.6 49
Nonfinancial noncorporate business; total liabilities and equity FA114194005 437.4 689.8 378.6 223 1098.3 790.4 442.8 234.9 50
Nonfinancial noncorporate business; loans including foreign direct investment intercompany debt; liability FA114135005 389.3 463.5 297.7 113.6 525 366.8 433.3 167 51
Nonfinancial noncorporate business; short-term loans; liability FA114141005 119.1 132.4 86.3 26 198.1 26.7 121 -14.8 52
Nonfinancial noncorporate business; depository institution loans n.e.c.; liability FA113168005 118.2 127.3 77.5 16.6 101.6 -30.3 77.8 -10.4 53
Nonfinancial noncorporate business; other loans and advances; liability FA113169005 0.8 5.1 8.8 9.3 96.5 57 43.2 -4.4 54
Nonfinancial noncorporate business; long-term loans; liability FA114142005 270.2 331 211.4 87.7 326.8 340.1 312.3 181.8 55
Nonfinancial noncorporate business; total mortgages; liability FA113165005 269.3 331.4 206.7 87.6 328 340.3 312.1 182 56
Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: intercompany debt; liability (market value) FA115114305 1 -0.4 4.7 0 -1.2 -0.2 0.2 -0.2 57
Nonfinancial noncorporate business; equity and investment fund shares; liability FA113181005 -229 109.6 -36.8 55.6 20.1 -128.7 -94.8 -9.8 58
Nonfinancial noncorporate business; proprietors' equity in noncorporate business FA112090205 -230.7 106.9 -41.8 51.7 18.1 -129.5 -95.3 -9.7 59
Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) FA115114103 1.7 2.7 5 3.9 2 0.8 0.5 -0.2 60
Nonfinancial noncorporate business; other accounts payable; liability FA113196005 277.1 116.8 117.8 53.8 553.2 552.3 104.3 77.7 61
Nonfinancial noncorporate business; trade payables; liability FA113170005 65.8 7.8 5.7 -57 131.4 68.3 42.9 4.2 62
Nonfinancial noncorporate business; taxes payable; liability FA113178003 10 4.6 18.5 6.8 7.6 32.3 11.5 6 63
Nonfinancial noncorporate business; unidentified miscellaneous liabilities FA113193003 201.4 104.4 93.6 104 414.2 451.7 49.9 67.5 64
Nonfinancial noncorporate business; net lending (+) or borrowing (-) (financial account) FA115000005 -53.5 -76.3 -69.5 -99.2 -64.1 -87.4 -91.5 -99.5 65
Nonfinancial noncorporate business; total other volume changes (IMA) FV118090105 0 -0 0 -0 0 0 0 0 66
Nonfinancial noncorporate business; nonfinancial assets FV112010005 0 -25.2 -13.4 0 0 -11.9 -13.3 0 67
Nonfinancial noncorporate business; other volume changes excluding disaster losses (IMA) FV118090085 0 25.2 13.4 -0 0 11.9 13.3 0 68
Nonfinancial noncorporate business; nonfinancial assets FR112010005 591.5 698.8 475 766.3 1040.1 2543.6 739.8 -476.6 69
Nonfinancial noncorporate business; real estate at market value FR115035005 573 649 423.8 729.9 976.7 2383.6 613.3 -435.6 70
Nonfinancial noncorporate business; residential real estate at market value FR115035023 381.2 434.9 386.6 454 747.7 1570.1 457.6 -258.6 71
Nonfinancial noncorporate business; nonresidential real estate at market value FR115035035 191.8 214.1 37.2 275.9 229.1 813.5 155.7 -177 72
Nonfinancial noncorporate business; equipment, current cost basis FR115015205 28.1 37.4 50.3 36.4 55.4 107.1 102.1 -77.9 73
Nonfinancial noncorporate business; residential equipment, current cost basis FR115012265 -2.6 -1.5 4 -2.5 7.4 6.2 -1.6 -8.2 74
Nonfinancial noncorporate business; nonresidential equipment, current cost basis FR115013265 30.7 38.9 46.2 38.9 47.9 100.9 103.8 -69.7 75
Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis FR115013765 2.8 5.9 2.9 3.5 13.7 8.9 14.3 35.1 76
Nonfinancial noncorporate business; inventories FR115020005 -12.4 6.4 -1.8 -3.7 -5.6 44 10.1 1.7 77
Nonfinancial noncorporate business; debt securities; asset FR114022005 -1 0.1 -1.2 3.2 3.5 -4.2 -11.8 1.7 78
Nonfinancial noncorporate business; revaluation of equity and foreign direct investment; liability (IMA) FR114190085 590.6 708.3 476.9 769.5 1043.7 2544.6 738.1 -474.8 79
Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: intercompany debt; liability (market value) FR115114305 -0.1 0.1 0.1 -0.2 -0.1 -0.1 0 -0 80
Nonfinancial noncorporate business; proprietors' equity in noncorporate business FR112090205 587.5 706.1 458.8 746.7 1032.6 2519.7 772.1 -475.2 81
Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) FR115114103 3.2 2.1 18 22.9 11.2 25 -34 0.4 82
Nonfinancial noncorporate business; changes in net worth due to nominal holding gains/losses (IMA) FR118200005 -0 -9.4 -3 0 -0 -5.2 -10.1 0 83
Nonfinancial noncorporate business; net worth (IMA) FC112090095 0 0 0 0 0 0 0 0 84
Nonfinancial noncorporate business; total assets FL112000005 17507.8 18880.6 19722.8 20715.2 22857.2 26180.3 27347.9 27108 85
Nonfinancial noncorporate business; nonfinancial assets LM112010005 12584 13343.2 13877.4 14742.9 15847.1 18471.3 19299.5 18922.4 86
Nonfinancial noncorporate business; real estate at market value LM115035005 11260.5 11967.8 12454.2 13270.6 14337.7 16810.5 17506.3 17158.8 87
Nonfinancial noncorporate business; residential real estate at market value (5) LM115035023 6332.2 6771.7 7172.4 7655.1 8440 10055.6 10545.5 10292.7 88
Nonfinancial noncorporate business; nonresidential real estate at market value LM115035035 4928.3 5196.1 5281.7 5615.5 5897.7 6754.9 6960.7 6866.2 89
Nonfinancial noncorporate business; equipment, current cost basis LM115015205 819.3 839.2 868.5 895.4 921.6 1000.4 1071.2 966.6 90
Nonfinancial noncorporate business; residential equipment, current cost basis LM115012265 51.8 55 63.4 64.7 76 87.9 91.3 86.7 91
Nonfinancial noncorporate business; nonresidential equipment, current cost basis LM115013265 767.6 784.2 805 830.7 845.6 912.5 980 879.9 92
Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis LM115013765 252.3 276.6 293.6 319.2 347.7 375.4 413.1 477.7 93
Nonfinancial noncorporate business; inventories LM115020005 251.8 259.5 261.1 257.7 240.1 285.1 308.9 319.2 94
Nonfinancial noncorporate business; total financial assets FL114090005 4923.8 5537.5 5845.4 5972.4 7010.1 7709 8048.4 8185.6 95
Nonfinancial noncorporate business; total currency and deposits; asset FL114000005 1188.2 1306.1 1365.4 1414.7 1677.5 1851.1 1964.9 2015.7 96
Nonfinancial noncorporate business; checkable deposits and currency; asset FL113020005 279.2 306 317.5 331.3 391.3 469.5 512.1 519.1 97
Nonfinancial noncorporate business; total time and savings deposits; asset FL113030003 909 1000.1 1047.9 1083.4 1286.2 1381.6 1452.9 1496.6 98
Nonfinancial noncorporate business; debt securities; asset LM114022005 68.1 75.1 75.8 75.9 77.8 75.9 76.9 78.4 99
Nonfinancial noncorporate business; total U.S. government securities; asset LM113061003 63 69 70.2 72.1 73.2 71.3 71.9 73.4 100
Nonfinancial noncorporate business; municipal securities; asset LM113062003 5.1 6 5.6 3.8 4.6 4.7 5 5.1 101
Nonfinancial noncorporate business; loans; asset FL114023005 39.5 48 49 50.7 53.4 51.6 55.4 56.4 102
Nonfinancial noncorporate business; consumer credit; asset FL113066003 0 0 0 0 0 0 0 0 103
Nonfinancial noncorporate business; total mortgages; asset FL113065005 39.5 48 49 50.7 53.4 51.6 55.4 56.4 104
Nonfinancial noncorporate business; equity and investment fund shares; asset FL113081005 100.5 112.1 117 120.8 141.3 144.9 152.1 157.6 105
Nonfinancial noncorporate business; money market fund shares; asset FL113034003 90.7 99.8 104.6 108.1 128.3 130.7 137 139.3 106
Nonfinancial noncorporate business; equity in Farm Credit System; asset (3) FL113092405 9.8 12.3 12.5 12.7 13 14.2 15.1 18.3 107
Nonfinancial noncorporate business; insurance receivables due from property-casualty insurance companies; asset (4) FL113076005 116.2 120.3 118.9 128.9 135.8 152.9 162.4 172.8 108
Nonfinancial noncorporate business; other accounts receivable; asset FL113096005 3411.3 3876 4119.3 4181.3 4924.3 5432.5 5636.6 5704.6 109
Nonfinancial noncorporate business; trade receivables; asset FL113070003 747.9 802.9 852.6 763.2 939.8 1019.9 1070.7 1088 110
Nonfinancial noncorporate business; Paycheck Protection Program receivables due from federal government; asset FL113072003 0 0 0 0 145.8 43.5 1.9 0 111
Nonfinancial noncorporate business; unidentified miscellaneous assets FL113093005 2663.3 3073.1 3266.7 3418.1 3838.7 4369.1 4564 4616.6 112
Nonfinancial noncorporate business; total liabilities and net worth FL112100005 17507.8 18880.6 19722.8 20715.2 22857.2 26180.3 27347.9 27108 113
Nonfinancial noncorporate business; total liabilities and equity FL114194005 17507.8 18880.6 19722.8 20715.2 22857.2 26180.3 27347.9 27108 114
Nonfinancial noncorporate business; loans including foreign direct investment intercompany debt; liability FL114135005 5114.5 5576.4 5872.9 5985.4 6509.7 6894.7 7327.8 7494.5 115
Nonfinancial noncorporate business; short-term loans; liability FL114141005 1496.8 1629.3 1715.5 1741.5 1939.6 1984.9 2105.9 2091.2 116
Nonfinancial noncorporate business; depository institution loans n.e.c.; liability FL113168005 1263 1390.4 1467.9 1484.5 1586.1 1555.8 1633.6 1623.3 117
Nonfinancial noncorporate business; other loans and advances; liability FL113169005 233.8 238.9 247.7 257 353.5 429.1 472.3 467.9 118
Nonfinancial noncorporate business; long-term loans; liability FL114142005 3617.7 3947.2 4157.4 4243.9 4570.1 4909.8 5221.8 5403.3 119
Nonfinancial noncorporate business; total mortgages; liability FL113165005 3615 3944.8 4150.3 4237 4564.4 4904.4 5216.3 5397.9 120
Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: intercompany debt; liability (market value) FL115114305 2.7 2.4 7.1 7 5.7 5.3 5.5 5.3 121
Nonfinancial noncorporate business; equity and investment fund shares; liability LM113181005 10113.8 10908 11335.8 12162 13226.4 15612.2 16242.4 15758.1 122
Nonfinancial noncorporate business; proprietors' equity in noncorporate business LM112090205 10090.8 10883.6 11256.2 12053.9 13109.2 15467.6 16129.2 15644 123
Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) LM115114103 22.9 24.4 79.6 108.1 117.2 144.6 113.3 114.1 124
Nonfinancial noncorporate business; other accounts payable; liability FL113196005 2279.5 2396.2 2514 2567.8 3121 3673.4 3777.7 3855.4 125
Nonfinancial noncorporate business; trade payables; liability FL113170005 585.4 593.2 598.9 542 673.4 741.7 784.6 788.9 126
Nonfinancial noncorporate business; taxes payable; liability FL113178003 132.5 137.2 155.6 162.4 170 202.3 213.7 219.7 127
Nonfinancial noncorporate business; unidentified miscellaneous liabilities FL113193003 1561.5 1665.9 1759.5 1863.5 2277.7 2729.4 2779.4 2846.8 128
Nonfinancial noncorporate business; net worth (IMA) FL112090095 0 0 0 0 0 0 0 0 129

NOTES

  1. Estimates for 2000 and earlier periods are based on the 1987 Standard Industrial Classification System; later estimates are based on the North American Classification System.
  2. Consists of rental income of tenant-occupied housing and proprietors' income. Quasi-corporations are unincorporated enterprises that function as if they were corporations; they primarily cover their operating costs through sales, and they keep a complete set of financial records.
  3. Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.
  4. Net equity in reserves of property-casualty insurance companies.
  5. Farm houses are included in the household sector.
Last Update: March 7, 2024