Financial Accounts of the United States - Z.1
R.103 Change in Net Worth of Nonfinancial Corporate Business
Billions of dollars; not seasonally adjusted| Description | Series code | 2015 | 2016 | 2017 | 2018 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | 2019 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; net worth (1) | FC102090005 | 1362.3 | 1265.8 | 1846.0 | 431.1 | 15.0 | 861.1 | -244.4 | -200.6 | 811.4 | 1 |
| Nonfinancial corporate business; net investment | FU105060005 | -4.6 | -228.1 | 65.6 | -87.3 | 161.8 | -142.4 | -13.1 | -93.5 | 28.8 | 2 |
| Nonfinancial corporate business; net physical investment | FU105061005 | 456.6 | 339.6 | 446.5 | 563.7 | 157.8 | 126.0 | 168.6 | 111.3 | 172.5 | 3 |
| Nonfinancial corporate business; total capital expenditures | FU105050005 | 1915.7 | 1770.1 | 1889.8 | 2075.4 | 520.8 | 491.0 | 552.8 | 510.8 | 576.0 | 4 |
| Nonfinancial corporate business; consumption of fixed capital, structures, equipment, and intellectual property products (NIPA basis) | FU106300005 | 1406.3 | 1431.5 | 1488.8 | 1560.5 | 381.5 | 387.5 | 392.8 | 398.7 | 405.3 | 5 |
| Nonfinancial corporate business; inventory valuation adjustment (IVA) | FU105020601 | 52.8 | -1.0 | -45.5 | -48.9 | -18.5 | -22.5 | -8.6 | 0.7 | -1.7 | 6 |
| Nonfinancial corporate business; net lending (+) or borrowing (-) (financial account) | FU105000005 | 88.4 | 9.1 | -60.1 | -144.4 | 98.6 | -68.4 | -136.9 | -37.7 | -19.5 | 7 |
| Nonfinancial corporate business; total financial assets | FU104090005 | 1501.4 | 1180.4 | 632.4 | 289.7 | 190.2 | -40.0 | 72.5 | 67.1 | 170.2 | 8 |
| Nonfinancial corporate business; total liabilities | FU104190005 | 1413.0 | 1171.3 | 692.5 | 434.1 | 91.6 | 28.3 | 209.4 | 104.8 | 189.6 | 9 |
| Nonfinancial corporate business; corporate equities; liability | FU103164103 | -549.6 | -576.8 | -320.8 | -506.6 | -94.6 | -200.1 | -44.8 | -167.1 | -124.2 | 10 |
| Nonfinancial corporate business; holding gains on assets at market value (2) | FR108000005 | 868.7 | 756.3 | 1252.1 | -171.7 | -283.3 | 728.8 | -301.0 | -316.2 | 627.5 | 11 |
| Nonfinancial corporate business; real estate at market value | FR105035005 | 886.9 | 596.9 | 888.9 | -33.8 | -257.5 | 669.8 | -449.2 | 3.1 | 372.8 | 12 |
| Nonfinancial corporate business; corporate equities; asset | FR103064103 | -11.7 | 146.1 | 326.0 | -115.7 | -23.8 | 55.7 | 139.3 | -287.0 | 228.5 | 13 |
| Nonfinancial corporate business; mutual fund shares; asset | FR103064203 | -6.5 | 13.3 | 37.3 | -22.1 | -2.0 | 3.2 | 8.9 | -32.3 | 26.2 | 14 |
| Nonfinancial corporate business; holding gains on assets less liabilities at current cost (2) | FR108100005 | -127.6 | 86.0 | 229.6 | -40.5 | 22.1 | -61.4 | 7.9 | -9.1 | 7.3 | 15 |
| Nonfinancial corporate business; equipment, current cost basis | FR105015205 | -60.8 | -28.8 | 20.8 | 12.2 | -4.0 | 10.2 | 14.8 | -8.8 | 9.6 | 16 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis | FR105013765 | 6.7 | 27.1 | 62.4 | 41.9 | 7.2 | 12.7 | 12.2 | 9.8 | 16.4 | 17 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis (3) | FR105020015 | -43.5 | 39.1 | 34.2 | 6.9 | -6.4 | 9.1 | -25.2 | 29.5 | -18.7 | 18 |
| Nonfinancial corporate business; U.S. direct investment abroad; asset | FR103092005 | -117.4 | 11.7 | 114.4 | -18.8 | 8.2 | -5.4 | -5.6 | -15.9 | 0.0 | 19 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability | FR103192005 | -87.4 | -36.9 | 2.1 | 82.7 | -17.2 | 87.9 | -11.7 | 23.7 | 0.0 | 20 |
| Nonfinancial corporate business; other volume changes (4) | FV108090005 | 625.8 | 651.6 | 298.6 | 730.5 | 114.3 | 336.1 | 61.8 | 218.3 | 147.8 | 21 |
| Nonfinancial corporate business; net worth (5) | FL102090005 | 21407.9 | 22673.7 | 24519.6 | 24950.8 | 24534.7 | 25395.7 | 25151.3 | 24950.8 | 25762.2 | 22 |
NOTES
- Sum of net investment (line 2), holding gains (lines 11 and 15), and other volume changes (line 21).
- Calculated as change in amount outstanding less net purchases during period less disaster-related losses to fixed assets.
- Before inventory valuation adjustment.
- Consists of statistical discontinuities and disaster-related losses to fixed assets.
- Table B.103, line 39.
Last Update: June 6, 2019