Annual transactions from unpublished BEA data on management of companies and enterprises research and development consumption of fixed capital (a portion of Fixed Asset Table 3.4I Current-Cost Depreciation of Private Intellectual Property Products by Industry, line 62, Management of companies and enterprises). Annual transactions are converted to seasonally adjusted quarterly transactions by calculating the ratio of the series above to financial corporations consumption of fixed capital ( NIPA, Table 1.14 Gross Value Added of Domestic Corporate Business in Current Dollars and Gross Value Added of Nonfinancial Domestic Corporate Business in Current and Chained Dollars, line 2, Gross value added of corporate business, Consumption of fixed capital less line 18, Gross value added of nonfinancial corporate business, Consumption of fixed capital (annual)); multiplied by financial corporations consumption of fixed capital, defined above (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