Annual transactions from unpublished BEA data on farms software consumption of fixed capital (a portion of Fixed Asset Table 4.4. Current-Cost Depreciation of Private Nonresidential Fixed Assets by Industry Group and Legal Form of Organization, line 8, Farms, Intellectual property products). Annual transactions are converted to seasonally adjusted quarterly transactions by calculating the ratio of the above series to an estimate of noncoporate business consumption of fixed capital constructed as NIPA, Table 1.7.5 Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal Income, line 6, Consumption of fixed capital, Private, minus line 10, Households and Institutions, minus NIPA, Table 1.12 National Income by Type of Income, line 28, Addenda for corporate cash flow, Consumption of fixed capital (all annual); multiplied by an estimate of noncoporate business consumption of fixed capital (quarterly, constructed as above). Unadjusted transactions are calculated as transactions at a seasonally adjusted annual rate divided by 4. Series has no levels.
Last edited on: 09/18/2013