Financial Accounts of the United States - Z.1
F.102 Nonfinancial Business (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2017 | 2018 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial business; income before taxes | FA146110005 | 2970.2 | 3059.7 | 3143.0 | 3176.5 | 3011.1 | 2677.6 | 3539.7 | 3477.6 | 3581.4 | 1 |
| Nonfinancial business; gross saving less net capital transfers paid | FA146000105 | 2121.0 | 2405.3 | 2455.4 | 2387.1 | 2299.2 | 2113.8 | 2624.5 | 2510.8 | 2521.3 | 2 |
| Nonfinancial business; gross investment | FA145090005 | 2477.8 | 2417.1 | 2910.0 | 2405.6 | 3042.6 | 1530.8 | 3303.9 | 1744.9 | 2564.8 | 3 |
| Nonfinancial business; total capital expenditures | FA145050005 | 2275.5 | 2487.9 | 2577.6 | 2380.6 | 2460.8 | 2052.5 | 2434.0 | 2575.2 | 2528.1 | 4 |
| Nonfinancial business; gross fixed investment | FA145019005 | 2259.0 | 2432.3 | 2529.0 | 2455.2 | 2515.9 | 2355.3 | 2429.7 | 2519.6 | 2611.6 | 5 |
| Nonfinancial business; gross fixed investment, residential equipment and structures | FA145012005 | 130.7 | 131.5 | 131.6 | 146.5 | 145.4 | 150.9 | 136.6 | 153.0 | 178.9 | 6 |
| Nonfinancial business; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA145013005 | 2128.3 | 2300.8 | 2397.4 | 2308.7 | 2370.5 | 2204.4 | 2293.1 | 2366.6 | 2432.7 | 7 |
| Nonfinancial business; inventories | FA145020005 | 16.3 | 57.7 | 49.1 | -72.8 | -52.1 | -298.4 | -0.8 | 60.1 | -96.8 | 8 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FA105420005 | 0.1 | -2.1 | -0.4 | -1.8 | -3.1 | -4.5 | 5.1 | -4.5 | 13.3 | 9 |
| Nonfinancial business; net lending (+) or borrowing (-) (financial account) | FA145000005 | 202.3 | -70.8 | 332.4 | 25.0 | 581.9 | -521.6 | 869.9 | -830.3 | 36.7 | 10 |
| Nonfinancial business; total financial assets | FA144090005 | 1161.5 | 1179.3 | 2720.2 | 1989.6 | 3647.9 | 1771.9 | 2127.1 | 411.6 | 2241.7 | 11 |
| Nonfinancial corporate business; private foreign deposits; asset | FA103091003 | 119.0 | -110.3 | 24.7 | 9.4 | -78.6 | 131.7 | 57.0 | -72.5 | -5.7 | 12 |
| Nonfinancial business; checkable deposits and currency; asset | FA143020005 | 10.6 | 249.5 | 170.7 | 776.8 | 1367.7 | 1901.7 | 128.2 | -290.4 | 62.5 | 13 |
| Nonfinancial business; total time and savings deposits; asset | FA143030005 | 83.4 | 53.6 | 72.9 | 209.3 | 688.5 | 302.6 | -22.8 | -131.2 | 240.5 | 14 |
| Nonfinancial business; money market fund shares; asset | FA143034005 | 44.7 | -28.6 | 98.0 | 128.2 | 1513.0 | -161.2 | -752.2 | -86.8 | -165.1 | 15 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | -50.7 | -25.0 | -1.2 | 22.4 | 56.0 | 20.1 | -8.5 | 22.1 | -48.4 | 16 |
| Nonfinancial business; debt securities; asset | FA144022005 | 35.7 | 21.0 | 70.3 | 60.7 | 175.3 | 83.4 | -15.2 | -0.8 | -114.3 | 17 |
| Nonfinancial corporate business; commercial paper; asset | FA103069100 | -8.8 | 38.4 | 55.4 | 43.5 | 61.3 | -47.1 | 60.5 | 99.4 | -75.5 | 18 |
| Nonfinancial business; Treasury securities; asset | FA143061105 | 36.2 | -13.4 | 7.6 | 12.2 | 77.9 | 100.3 | -56.4 | -73.0 | -25.2 | 19 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FA103061703 | 10.0 | -5.5 | 2.4 | 4.4 | 35.2 | 29.3 | -20.0 | -26.9 | -12.6 | 20 |
| Nonfinancial business; municipal securities; asset | FA143062005 | -1.7 | 1.5 | 4.8 | 0.5 | 0.9 | 0.8 | 0.7 | -0.3 | -1.0 | 21 |
| Nonfinancial business; loans; asset | FA144023005 | 8.9 | 3.3 | 4.3 | 6.4 | 2.5 | -5.0 | 1.6 | 26.6 | -3.9 | 22 |
| Nonfinancial business; total mortgages; asset | FA143065005 | 10.8 | 3.0 | 4.9 | 6.4 | 8.8 | 10.6 | 5.0 | 1.2 | 2.8 | 23 |
| Nonfinancial business; consumer credit; asset | FA143066005 | -2.0 | 0.2 | -0.7 | 0.0 | -6.3 | -15.6 | -3.4 | 25.4 | -6.7 | 24 |
| Nonfinancial corporate business; corporate equities; asset | FA103064103 | -89.9 | -40.7 | 10.2 | -139.4 | -112.6 | -135.0 | -146.5 | -163.6 | -139.4 | 25 |
| Nonfinancial corporate business; mutual fund shares; asset | FA103064203 | 8.0 | -9.0 | 5.3 | 10.6 | 10.6 | 10.6 | 10.6 | 10.6 | 10.6 | 26 |
| Nonfinancial business; trade receivables; asset | FA143070005 | 218.4 | 445.9 | 588.2 | 99.1 | -354.4 | -861.5 | 810.3 | 801.8 | 772.5 | 27 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FA103092005 | 310.5 | -157.6 | 77.5 | 114.8 | -133.3 | 274.4 | 214.7 | 103.4 | 285.4 | 28 |
| Nonfinancial business; total miscellaneous assets | FA143090005 | 462.9 | 777.1 | 1599.3 | 691.4 | 513.1 | 210.1 | 1849.9 | 192.3 | 1346.9 | 29 |
| Nonfinancial business; total liabilities and equity | FA144194005 | 959.2 | 1250.1 | 2387.8 | 1964.7 | 3066.0 | 2293.6 | 1257.2 | 1241.9 | 2204.9 | 30 |
| Nonfinancial business; total liabilities | FA144190005 | 910.1 | 1641.3 | 2601.9 | 1890.7 | 3212.0 | 2095.5 | 1064.0 | 1191.2 | 2081.0 | 31 |
| Nonfinancial corporate business; debt securities; liability | FA104122005 | 324.5 | 133.9 | 269.7 | 683.9 | 752.7 | 1477.1 | 290.6 | 215.3 | 254.0 | 32 |
| Nonfinancial corporate business; commercial paper; liability | FA103169100 | 25.9 | -10.2 | -1.9 | -62.3 | -21.3 | -271.1 | -70.5 | 113.6 | -223.4 | 33 |
| Nonfinancial corporate business; municipal securities; liability | FA103162000 | 13.3 | -4.3 | 14.1 | 5.2 | 14.8 | -2.5 | 16.1 | -7.5 | 2.1 | 34 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 285.3 | 148.4 | 257.6 | 741.0 | 759.2 | 1750.7 | 345.0 | 109.2 | 475.4 | 35 |
| Nonfinancial business; loans; liability | FA144123005 | 496.1 | 491.9 | 476.9 | 810.7 | 2344.6 | 1098.1 | -175.7 | -24.3 | 523.0 | 36 |
| Nonfinancial business; depository institution loans n.e.c.; liability | FA143168005 | 76.7 | 181.3 | 46.8 | 251.3 | 1705.1 | 536.8 | -717.5 | -519.4 | 61.5 | 37 |
| Nonfinancial business; other loans and advances; liability | FA143169005 | 121.4 | 19.4 | 135.8 | 275.4 | 335.1 | 301.3 | 282.3 | 183.1 | 178.1 | 38 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 298.0 | 291.2 | 294.3 | 284.0 | 304.4 | 260.0 | 259.4 | 312.1 | 283.4 | 39 |
| Nonfinancial business; trade payables; liability | FA143170005 | 89.1 | 326.1 | 273.0 | 136.2 | -212.8 | -718.8 | 818.7 | 657.7 | 461.7 | 40 |
| Nonfinancial business; taxes payable; liability | FA143178005 | 215.7 | 7.9 | 1.7 | 24.4 | 73.8 | 189.2 | -189.5 | 24.1 | -21.9 | 41 |
| Nonfinancial business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA143192305 | 0.5 | -62.6 | 23.1 | -55.0 | -14.3 | -61.2 | -15.6 | -128.7 | -20.1 | 42 |
| Nonfinancial business; total miscellaneous liabilities | FA143190005 | -215.9 | 744.2 | 1557.5 | 290.5 | 268.0 | 111.2 | 335.5 | 447.1 | 884.2 | 43 |
| Nonfinancial business; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FA143181105 | 49.1 | -391.2 | -214.1 | 74.0 | -145.9 | 198.0 | 193.2 | 50.7 | 124.0 | 44 |
| Nonfinancial corporate business; corporate equities; liability | FA103164103 | -325.6 | -617.5 | -454.0 | -168.5 | -386.2 | -58.1 | 42.5 | -272.3 | -193.0 | 45 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business | FA112090205 | 91.3 | -42.0 | 9.7 | 28.7 | 66.1 | 104.7 | -13.1 | -42.9 | 13.5 | 46 |
| Nonfinancial business; foreign direct investment in U.S.; liability (market value) | FA143192105 | 283.4 | 268.2 | 230.2 | 213.8 | 174.1 | 151.4 | 163.8 | 365.9 | 303.5 | 47 |
| Nonfinancial corporate business; sector discrepancy | FA107005005 | -356.7 | -11.8 | -454.6 | -18.5 | -743.5 | 582.9 | -679.5 | 766.0 | -43.5 | 48 |
NOTES
- Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
Last Update: June 10, 2021