Year-end level from unpublished BEA data on Federal Reserve banks current cost stock of research and development (a portion of Fixed Asset Table 3.1I Current-Cost Net Stock of Private Intellectual Property Products by Industry, line 50, Finance and insurance, Federal Reserve banks. Other quarter's levels are derived from year-end level, plus the quarterly unadjusted transactions calculated as gross investment (FOF series FU715013043) less depreciation (FOF series FU716330043), plus an estimate of capital gains based on NIPA, Table 1.1.4 Price Indexes for Gross Domestic Product, line 12, Nonresidential, Intellectual property products.
Last edited on: 09/17/2013