Annual transactions computed as nonresidential gross investment in equipment of nondepository institutions (unpublished BEA data) minus nonresidential gross investment of GSEs in equipment ( FOF series FA405013023). Annual transactions are converted to seasonally adjusted quarterly transactions by calculating the ratio of the annual transactions to NIPA table 1.1.5 Gross Domestic Product, line 11, Private, Nonresidential, Equipment (annual); multiplied by line 11, Private, Nonresidential, Equipment (quarterly). Unadjusted transactions are calculated as transactions at a seasonally adjusted annual rate divided by 4. Series has no levels.
Last edited on: 09/17/2013