Federal Reserve Statistical Release, Z.1,
 Flow of Funds Accounts of the United States; title with eagle logo links to Statistical Release home page

Release Date: December 10, 2015
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S.4.a Nonfinancial Noncorporate Business

Billions of dollars

Description 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Line
Nonfinancial noncorporate business; gross value added 2218.8 2440.1 2513.9 2632.4 2466.4 2546.2 2751.6 2909.8 3015.6 3146.9 1
Nonfinancial noncorporate business; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis 214.4 232.6 245.6 254.5 253.0 251.8 265.0 273.0 284.5 297.5 2
Nonfinancial noncorporate business; net value added 2004.4 2207.5 2268.3 2378.0 2213.4 2294.4 2486.6 2636.8 2731.1 2849.4 3
Nonfinancial noncorporate business; compensation of employees paid 664.7 747.4 827.5 843.4 805.4 816.6 845.9 892.6 919.6 971.8 4
Nonfinancial noncorporate business; wages and salaries paid 557.9 631.2 701.8 712.1 675.0 684.6 713.1 752.7 774.8 822.0 5
Nonfinancial noncorporate business; employers' social contributions paid 106.8 116.3 125.7 131.3 130.4 131.9 132.8 139.9 144.8 149.8 6
Nonfinancial noncorporate business; taxes on production and imports less subsidies, payable 130.2 147.0 157.6 157.9 145.4 150.7 158.7 167.5 175.8 180.6 7
Nonfinancial noncorporate business; operating surplus, net 1209.4 1313.0 1283.2 1376.7 1262.6 1327.1 1482.0 1576.7 1635.7 1697.1 8
Nonfinancial noncorporate business; net national income/balance of primary incomes, net 21.8 22.7 19.8 15.0 21.0 23.0 25.5 27.3 29.3 26.6 9
Nonfinancial noncorporate business; operating surplus, net 1209.4 1313.0 1283.2 1376.7 1262.6 1327.1 1482.0 1576.7 1635.7 1697.1 10
Nonfinancial noncorporate business; interest received 18.1 19.1 17.7 13.6 9.4 8.4 9.1 10.6 9.6 12.1 11
Nonfinancial noncorporate business; uses of property income (paid) 1205.7 1309.5 1281.1 1375.3 1251.0 1312.5 1465.5 1560.1 1616.0 1682.6 12
Nonfinancial noncorporate business; interest paid 198.8 227.6 254.2 263.1 242.7 237.9 226.9 226.1 219.1 219.7 13
Nonfinancial noncorporate business; withdrawals from income of quasi-corporations, paid 1006.8 1081.8 1026.8 1112.2 1008.3 1074.5 1238.4 1333.8 1396.7 1462.6 14
Nonfinancial noncorporate business; reinvested earnings on foreign direct investment in U.S.; paid 0.1 0.1 0.1 0.1 0.0 0.1 0.2 0.2 0.2 0.2 15
Nonfinancial noncorporate business; rents on land and natural resources paid 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 16
Nonfinancial noncorporate business; net national income/balance of primary incomes, net 21.8 22.7 19.8 15.0 21.0 23.0 25.5 27.3 29.3 26.6 17
Nonfinancial noncorporate business; other current transfers paid 21.8 22.7 19.8 15.0 21.0 23.0 25.5 27.3 29.3 26.6 18
Nonfinancial noncorporate business; disposable income, net; net saving 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 19
Nonfinancial noncorporate business; disposable income, net; net saving 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20
Nonfinancial noncorporate business; net saving less net capital transfers paid 13.1 0.0 0.0 3.3 6.0 7.8 1.6 4.9 0.0 -0.0 21
Nonfinancial noncorporate business; disposable income, net; net saving 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 22
Nonfinancial noncorporate business; net capital transfers paid -13.1 0.0 0.0 -3.3 -6.0 -7.8 -1.6 -4.9 -0.0 0.0 23
Nonfinancial noncorporate business; capital formation, net 81.9 77.7 71.1 50.8 -21.0 -5.1 16.7 35.6 62.9 70.2 24
Nonfinancial noncorporate business; gross fixed investment (IMA) 289.2 305.0 313.5 307.5 248.8 243.1 274.8 312.6 330.8 353.7 25
Nonfinancial noncorporate business; nonresidential gross fixed capital formation 180.5 198.9 215.0 223.8 182.9 184.9 214.6 243.7 252.8 268.1 26
Nonfinancial noncorporate business; gross fixed investment, residential equipment and structures 108.7 106.2 98.5 83.7 65.8 58.3 60.2 68.9 78.0 85.6 27
Nonfinancial noncorporate business; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis 214.4 232.6 245.6 254.5 253.0 251.8 265.0 273.0 284.5 297.5 28
Nonfinancial noncorporate business; inventories 7.1 5.3 3.3 -2.3 -16.8 3.6 6.8 -4.0 16.6 13.9 29
Nonfinancial noncorporate business; net lending (+) or borrowing (-) (capital account) -68.8 -77.7 -71.1 -47.5 27.0 12.9 -15.1 -30.7 -62.8 -70.2 30
Nonfinancial noncorporate business; net lending (+) or borrowing (-) (capital account) -68.8 -77.7 -71.1 -47.5 27.0 12.9 -15.1 -30.7 -62.8 -70.2 31
Nonfinancial noncorporate business; total financial assets 437.3 519.9 479.5 97.3 -117.1 152.0 196.9 301.1 304.7 236.0 32
Nonfinancial noncorporate business; total currency and deposits; asset 100.2 95.0 81.8 2.5 10.1 0.2 30.6 69.3 23.6 60.2 33
Nonfinancial noncorporate business; checkable deposits and currency; asset 76.7 74.7 66.9 3.8 14.9 -2.7 24.6 59.3 12.0 34.7 34
Nonfinancial noncorporate business; total time and savings deposits; asset 23.5 20.3 14.9 -1.2 -4.8 2.9 6.0 10.1 11.5 25.6 35
Nonfinancial noncorporate business; debt securities; asset 6.1 1.5 2.5 -7.9 -5.5 2.5 1.1 4.2 0.5 2.8 36
Nonfinancial noncorporate business; total U.S. government securities; asset 6.0 0.2 3.0 -7.5 -5.7 1.9 0.8 4.0 2.2 2.6 37
Nonfinancial noncorporate business; municipal securities; asset 0.1 1.3 -0.5 -0.4 0.2 0.5 0.3 0.2 -1.7 0.2 38
Nonfinancial noncorporate business; loans; asset 5.3 -1.5 7.4 -3.0 -1.2 4.2 -5.8 -2.4 1.0 1.6 39
Nonfinancial noncorporate business; consumer credit; asset 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 40
Nonfinancial noncorporate business; total mortgages; asset 5.3 -1.5 7.4 -3.0 -1.2 4.2 -5.8 -2.4 1.0 1.6 41
Nonfinancial noncorporate business; equity and investment fund shares; asset 2.4 3.3 2.9 2.2 -1.7 3.5 1.1 3.2 2.6 4.6 42
Nonfinancial noncorporate business; money market mutual fund shares; asset 2.4 3.2 2.2 1.0 -1.7 3.1 0.8 3.0 2.0 3.9 43
Nonfinancial noncorporate business; equity in Farm Credit System; asset -0.1 0.2 0.7 1.2 -0.0 0.4 0.3 0.1 0.6 0.8 44
Nonfinancial noncorporate business; insurance receivables due from property-casualty insurance companies; asset 5.5 4.4 3.7 3.4 -9.8 29.9 -4.7 15.4 -26.0 12.9 45
Nonfinancial noncorporate business; other accounts receivable; asset 317.8 417.2 381.1 100.0 -109.0 111.8 174.5 211.4 303.0 153.8 46
Nonfinancial noncorporate business; trade receivables; asset 66.6 40.0 54.7 -3.0 -26.3 37.0 61.0 4.6 48.8 30.5 47
Nonfinancial noncorporate business; unidentified miscellaneous assets 251.2 377.2 326.4 102.9 -82.7 74.7 113.5 206.9 254.1 123.2 48
Nonfinancial noncorporate business; total liabilities 491.3 583.8 536.5 134.4 -161.8 122.4 211.9 331.8 367.5 306.1 49
Nonfinancial noncorporate business; loans; liability 341.8 415.4 463.2 325.5 -97.1 -19.4 -56.8 175.2 108.3 208.2 50
Nonfinancial noncorporate business; short-term loans; liability 164.3 132.1 154.5 131.8 -107.3 -12.1 -25.9 73.8 38.5 73.6 51
Nonfinancial noncorporate business; depository institution loans n.e.c.; liability 157.9 115.3 140.9 119.6 -102.0 -16.8 -26.5 64.6 32.4 64.2 52
Nonfinancial noncorporate business; other loans and advances; liability 6.4 16.8 13.7 12.3 -5.3 4.7 0.6 9.2 6.1 9.4 53
Nonfinancial noncorporate business; total mortgages; liability 177.5 283.3 308.7 193.7 10.2 -7.3 -30.9 101.4 69.8 134.6 54
Nonfinancial noncorporate business; equity and investment fund shares; liability -51.6 0.4 -50.5 -317.9 -108.0 166.7 234.4 84.2 179.2 21.2 55
Nonfinancial noncorporate business; proprietors' equity in noncorporate business (net worth) -51.6 1.3 -50.3 -317.7 -108.2 166.4 234.4 83.7 178.7 20.3 56
Nonfinancial noncorporate business; U.S. real estate owned by foreigners; liability 0.1 -0.9 -0.2 -0.2 0.1 0.3 0.0 0.4 0.6 0.8 57
Nonfinancial noncorporate business; other accounts payable; liability 201.0 168.0 123.7 126.8 43.3 -24.8 34.4 72.4 80.0 76.8 58
Nonfinancial noncorporate business; trade payables; liability 49.7 14.3 26.0 5.8 16.9 30.3 54.8 13.1 35.0 34.1 59
Nonfinancial noncorporate business; taxes payable; liability 8.7 9.0 3.8 6.7 -6.3 -0.7 0.6 7.6 3.2 3.7 60
Nonfinancial noncorporate business; unidentified miscellaneous liabilities 142.7 144.6 93.9 114.3 32.6 -54.3 -21.0 51.8 41.8 39.0 61
Nonfinancial noncorporate business; net lending (+) or borrowing (-) (financial account) -54.0 -63.9 -57.0 -37.1 44.8 29.5 -15.1 -30.7 -62.8 -70.1 62
Nonfinancial noncorporate business; total other volume changes (IMA) -76.1 1.3 -48.7 -315.4 -96.6 181.4 241.8 82.0 183.1 22.9 63
Nonfinancial noncorporate business; nonfinancial assets -24.5 0.0 0.0 -4.4 0.0 0.0 0.0 -8.6 0.0 0.0 64
Nonfinancial noncorporate business; other volume changes excluding disaster losses (IMA) -51.6 1.3 -48.7 -311.0 -96.6 181.4 241.8 90.6 183.1 22.9 65
Nonfinancial noncorporate business; nonfinancial assets 1174.7 422.3 138.3 -1124.0 -1144.1 448.2 385.6 697.6 1015.6 615.6 66
Nonfinancial noncorporate business; real estate at market value 1139.3 386.3 84.3 -1159.5 -1170.0 388.8 339.2 687.0 1025.7 607.2 67
Nonfinancial noncorporate business; residential real estate at market value 797.4 55.0 -362.4 -797.5 -467.8 157.4 206.4 386.4 570.8 274.2 68
Nonfinancial noncorporate business; nonresidential real estate at market value 341.9 331.4 446.7 -362.1 -702.2 231.4 132.8 300.6 454.9 332.9 69
Nonfinancial noncorporate business; equipment, current cost basis 22.8 28.4 24.2 34.6 18.7 21.6 16.5 6.5 5.1 5.0 70
Nonfinancial noncorporate business; residential equipment, current cost basis 1.1 0.7 -0.5 0.1 -2.7 -2.3 1.0 -0.3 -2.1 -2.5 71
Nonfinancial noncorporate business; nonresidential equipment, current cost basis 21.8 27.7 24.7 34.4 21.4 23.9 15.6 6.8 7.2 7.5 72
Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis 7.5 8.5 8.6 6.4 7.5 7.2 2.3 2.2 3.6 1.2 73
Nonfinancial noncorporate business; inventories 5.0 -0.9 21.2 -5.4 -0.3 30.7 27.6 2.0 -18.8 2.3 74
Nonfinancial noncorporate business; U.S. real estate owned by foreigners; liability 0.2 1.2 0.2 0.3 1.0 0.2 0.8 -0.2 0.2 -0.0 75
Nonfinancial noncorporate business; changes in net worth due to nominal holding gains/losses (IMA) 1174.5 421.2 138.0 -1124.3 -1145.1 448.1 384.9 697.7 1015.4 615.7 76
Nonfinancial noncorporate business; proprietors' equity in noncorporate business (net worth) 1111.5 422.5 89.3 -1436.4 -1235.7 637.3 628.3 784.7 1198.6 638.5 77
Nonfinancial noncorporate business; total assets 12586.8 13592.9 14267.6 13276.9 11977.0 12555.4 13154.6 14180.3 15563.5 16485.3 78
Nonfinancial noncorporate business; nonfinancial assets 9990.0 10476.2 10671.5 9583.6 8400.7 8827.2 9229.5 9954.1 11032.5 11718.3 79
Nonfinancial noncorporate business; real estate at market value 9049.5 9473.4 9594.7 8465.7 7298.6 7671.3 8000.8 8687.4 9725.9 10353.4 80
Nonfinancial noncorporate business; residential real estate at market value 5811.0 5894.1 5550.0 4753.4 4275.6 4416.1 4608.0 4980.5 5550.4 5827.7 81
Nonfinancial noncorporate business; nonresidential real estate at market value 3238.5 3579.3 4044.7 3712.3 3023.0 3255.2 3392.8 3706.9 4175.4 4525.7 82
Nonfinancial noncorporate business; equipment, current cost basis 574.4 620.5 659.4 699.6 696.3 709.2 740.7 772.6 804.9 838.2 83
Nonfinancial noncorporate business; residential equipment, current cost basis 41.7 44.4 45.5 46.6 44.0 42.2 43.9 44.4 43.5 42.3 84
Nonfinancial noncorporate business; nonresidential equipment, current cost basis 532.7 576.1 613.9 653.0 652.4 667.0 696.8 728.3 761.5 795.9 85
Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis 147.6 159.5 170.1 178.6 183.2 189.9 196.6 204.7 214.6 223.3 86
Nonfinancial noncorporate business; inventories 218.4 222.8 247.3 239.6 222.5 256.9 291.3 289.3 287.1 303.3 87
Nonfinancial noncorporate business; total financial assets 2596.8 3116.6 3596.1 3693.4 3576.3 3728.3 3925.1 4226.3 4531.0 4767.0 88
Nonfinancial noncorporate business; total currency and deposits; asset 698.3 793.2 875.0 877.6 887.7 887.9 918.5 987.8 1011.4 1071.6 89
Nonfinancial noncorporate business; checkable deposits and currency; asset 374.2 448.8 515.7 519.5 534.4 531.6 556.3 615.5 627.6 662.2 90
Nonfinancial noncorporate business; total time and savings deposits; asset 324.1 344.4 359.3 358.1 353.3 356.2 362.2 372.3 383.8 409.4 91
Nonfinancial noncorporate business; debt securities; asset 60.6 62.1 64.6 56.7 51.2 53.7 54.8 59.0 59.5 62.3 92
Nonfinancial noncorporate business; total U.S. government securities; asset 56.2 56.3 59.3 51.8 46.1 48.1 48.9 52.9 55.2 57.8 93
Nonfinancial noncorporate business; municipal securities; asset 4.4 5.8 5.3 4.9 5.1 5.6 5.9 6.1 4.4 4.6 94
Nonfinancial noncorporate business; loans; asset 36.2 34.6 42.1 39.1 37.9 42.1 36.3 33.9 34.8 36.5 95
Nonfinancial noncorporate business; consumer credit; asset 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 96
Nonfinancial noncorporate business; total mortgages; asset 36.2 34.6 42.1 39.1 37.9 42.1 36.3 33.9 34.8 36.5 97
Nonfinancial noncorporate business; equity and investment fund shares; asset 73.1 76.5 79.3 81.7 80.1 83.5 84.7 87.8 90.4 95.1 98
Nonfinancial noncorporate business; money market mutual fund shares; asset 69.0 72.2 74.3 75.4 73.7 76.8 77.7 80.7 82.7 86.6 99
Nonfinancial noncorporate business; equity in Farm Credit System; asset 4.1 4.3 5.0 6.4 6.3 6.7 7.0 7.2 7.7 8.5 100
Nonfinancial noncorporate business; insurance receivables due from property-casualty insurance companies; asset 99.3 103.7 107.4 111.6 101.8 131.7 127.0 142.5 116.5 129.4 101
Nonfinancial noncorporate business; other accounts receivable; asset 1629.3 2046.5 2427.6 2526.6 2417.6 2529.4 2703.9 2915.3 3218.3 3372.0 102
Nonfinancial noncorporate business; trade receivables; asset 430.9 470.9 525.6 522.7 496.3 533.4 594.4 598.9 647.8 678.3 103
Nonfinancial noncorporate business; unidentified miscellaneous assets 1198.4 1575.6 1902.0 2003.9 1921.3 1996.0 2109.5 2316.4 2570.5 2693.7 104
Nonfinancial noncorporate business; total liabilities and net worth 12586.8 13592.9 14267.6 13276.9 11977.0 12555.4 13154.6 14180.3 15563.5 16485.3 105
Nonfinancial noncorporate business; total liabilities 4180.5 4764.1 5349.5 5795.2 5731.0 5672.2 5643.0 5884.1 6068.7 6351.9 106
Nonfinancial noncorporate business; loans; liability 2898.0 3313.4 3775.1 4094.0 3985.4 3950.9 3886.6 4057.4 4161.2 4366.9 107
Nonfinancial noncorporate business; short-term loans; liability 805.2 937.3 1091.8 1223.7 1116.4 1098.2 1072.3 1148.6 1187.0 1260.6 108
Nonfinancial noncorporate business; depository institution loans n.e.c.; liability 670.5 785.8 926.7 1046.2 944.2 927.4 900.9 968.0 1000.4 1064.6 109
Nonfinancial noncorporate business; other loans and advances; liability 134.6 151.5 165.2 177.4 172.1 170.8 171.3 180.6 186.6 196.1 110
Nonfinancial noncorporate business; total mortgages; liability 2092.9 2376.1 2683.3 2870.3 2869.0 2852.7 2814.3 2908.9 2974.2 3106.2 111
Nonfinancial noncorporate business; U.S. real estate owned by foreigners; liability 3.3 3.6 3.6 3.7 4.8 5.3 6.1 6.3 7.1 7.9 112
Nonfinancial noncorporate business; other accounts payable; liability 1279.1 1447.1 1570.8 1697.6 1740.8 1716.0 1750.4 1820.4 1900.3 1977.2 113
Nonfinancial noncorporate business; trade payables; liability 334.5 348.9 374.9 380.7 397.6 427.8 482.7 493.3 528.3 562.4 114
Nonfinancial noncorporate business; taxes payable; liability 86.7 95.7 99.5 106.2 99.9 99.2 99.7 107.4 110.5 114.3 115
Nonfinancial noncorporate business; unidentified miscellaneous liabilities 857.9 1002.5 1096.4 1210.7 1243.3 1189.0 1168.0 1219.7 1261.5 1300.5 116
Nonfinancial noncorporate business; proprietors' equity in noncorporate business (net worth) 8406.3 8828.8 8918.1 7481.7 6246.0 6883.3 7511.6 8296.2 9494.8 10133.3 117

NOTES

  1. Notes. Nonfinancial noncorporate business includes noncorporate farms that are excluded from the nonfinancial noncorporate business sector in the Financial Accounts of the United States. 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 the fourth quarter of 2004.
  4. Net equity in reserves of property-casualty insurance companies.
  5. Farm houses are included in the household sector.
  6. n.e.c. Not elsewhere classified
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