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 | 2020 | 2021 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial corporate business; net worth (1) | FC102090005 | 2033.2 | 4290.4 | 619.3 | 925.6 | 1391.8 | 1353.7 | -314.1 | -218.0 | 404.4 | 1 |
| Nonfinancial corporate business; net investment | FU105060005 | 470.0 | 913.3 | 252.7 | 197.1 | 242.0 | 221.5 | 107.0 | 95.9 | 142.3 | 2 |
| Nonfinancial corporate business; net physical investment | FU105061005 | 274.3 | 613.5 | 170.0 | 112.5 | 172.5 | 158.5 | 323.8 | 177.3 | 195.2 | 3 |
| Nonfinancial corporate business; total capital expenditures | FU105050005 | 1954.0 | 2155.5 | 543.1 | 474.1 | 560.3 | 577.9 | 741.3 | 604.8 | 690.1 | 4 |
| Nonfinancial corporate business; gross fixed investment | FU105019005 | 1998.2 | 2163.7 | 521.1 | 537.2 | 547.7 | 557.7 | 580.4 | 598.0 | 617.0 | 5 |
| Nonfinancial corporate business; inventories including IVA | FU105020005 | -44.2 | -14.6 | 18.2 | -62.4 | 8.8 | 20.9 | 80.5 | 3.1 | 51.2 | 6 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FU105420005 | 0.0 | 6.4 | 3.9 | -0.6 | 3.8 | -0.7 | 80.5 | 3.7 | 21.9 | 7 |
| Nonfinancial corporate business; consumption of fixed capital, structures, equipment, and intellectual property products (NIPA basis) | FU106300005 | 1706.0 | 1798.9 | 435.5 | 443.2 | 453.4 | 466.8 | 479.3 | 494.8 | 509.5 | 8 |
| Nonfinancial corporate business; consumption of fixed capital, residential structures and equipment, current cost basis | FU106320005 | 4.3 | 6.0 | 1.2 | 1.3 | 1.3 | 2.2 | 1.2 | 1.7 | 1.9 | 9 |
| Nonfinancial corporate business; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis | FU106330005 | 1701.7 | 1792.8 | 434.3 | 441.9 | 452.1 | 464.6 | 478.1 | 493.1 | 507.6 | 10 |
| Nonfinancial corporate business; inventory valuation adjustment (IVA) | FU105020601 | -26.4 | -256.9 | -62.3 | -81.6 | -65.6 | -47.3 | -61.7 | -67.3 | -14.7 | 11 |
| Nonfinancial corporate business; net lending (+) or borrowing (-) (financial account) | FU105000005 | 159.9 | 277.5 | 21.2 | 66.6 | 68.4 | 121.3 | -134.4 | 46.7 | 64.2 | 12 |
| Nonfinancial corporate business; total financial assets | FU104090005 | 394.8 | 1390.6 | 276.7 | 234.2 | 359.2 | 520.5 | 311.0 | 383.5 | 53.3 | 13 |
| Nonfinancial corporate business; total liabilities and equity | FU104194005 | 234.9 | 1113.1 | 255.6 | 167.7 | 290.7 | 399.2 | 445.4 | 336.8 | -10.9 | 14 |
| Nonfinancial corporate business; corporate equities; liability | FU103164103 | -121.6 | -338.1 | -9.5 | -70.2 | -96.2 | -162.2 | -154.0 | -185.3 | -192.6 | 15 |
| Nonfinancial corporate business; foreign direct investment in U.S.; liability (market value) | FU103192105 | 157.4 | 360.5 | 71.1 | 88.3 | 97.2 | 103.9 | 71.6 | 57.2 | 75.5 | 16 |
| Nonfinancial corporate business; assets less liabilities with revaluations | FR108000005 | 1509.8 | 3471.3 | 380.5 | 740.2 | 1210.5 | 1140.1 | -334.8 | -281.9 | 298.1 | 17 |
| Nonfinancial corporate business; nonfinancial assets | FR102010005 | 1107.2 | 2745.2 | 218.2 | 498.4 | 1207.3 | 821.4 | -144.3 | 261.8 | 453.9 | 18 |
| Nonfinancial corporate business; real estate at market value | FR105035005 | 882.6 | 2140.2 | 81.2 | 392.6 | 1083.1 | 583.3 | -351.3 | -6.0 | 418.3 | 19 |
| Nonfinancial corporate business; equipment, current cost basis (2) | FR105015205 | 41.4 | 339.7 | 99.9 | -7.8 | 108.8 | 138.8 | 107.4 | 131.3 | 85.4 | 20 |
| Nonfinancial corporate business; nonresidential intellectual property products, current cost basis (2) | FR105013765 | 141.5 | 68.0 | -0.8 | 13.4 | 28.9 | 26.5 | 35.6 | 47.2 | 43.4 | 21 |
| Nonfinancial corporate business; inventories excluding IVA, current cost basis (2) (3) | FR105020015 | 41.7 | 197.3 | 37.8 | 100.3 | -13.5 | 72.8 | 64.0 | 89.3 | -93.3 | 22 |
| Nonfinancial corporate business; financial assets with revaluations with corporate farms (IMA) | FR108080095 | 402.6 | 726.1 | 162.3 | 241.8 | 3.2 | 318.7 | -190.5 | -543.7 | -155.8 | 23 |
| Nonfinancial corporate business; debt securities; asset | FR104022005 | 1.8 | -4.7 | -4.8 | 1.1 | -0.6 | -0.4 | -7.7 | -5.0 | -6.5 | 24 |
| Nonfinancial corporate business; corporate equities; asset | FR103064103 | 361.4 | 684.0 | 155.4 | 218.6 | 6.7 | 303.4 | -154.6 | -484.2 | -128.5 | 25 |
| Nonfinancial corporate business; mutual fund shares; asset | FR103064203 | 39.4 | 46.8 | 11.7 | 22.1 | -2.9 | 15.8 | -28.3 | -54.5 | -20.8 | 26 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FR103092005 | 326.2 | 959.1 | 323.7 | 430.5 | -113.7 | 318.6 | -588.6 | -1251.9 | -631.2 | 27 |
| Nonfinancial corporate business; total miscellaneous assets | FR103090005 | -326.2 | -959.1 | -323.7 | -430.5 | 113.7 | -318.6 | 588.6 | 1251.9 | 631.2 | 28 |
| Nonfinancial corporate business; liabilities with revaluations | FR108100005 | -0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | -0.0 | -0.0 | 29 |
| Nonfinancial corporate business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FR103192305 | -3.3 | -15.0 | 2.0 | -12.2 | -4.4 | -0.4 | -16.2 | -3.9 | 0.0 | 30 |
| Private defined benefit pension funds; claims of pension fund on sponsor; asset | FR573073005 | -310.5 | -305.3 | -32.2 | -157.6 | 20.5 | -135.9 | 202.8 | 367.3 | 132.9 | 31 |
| Nonfinancial corporate business; unidentified miscellaneous liabilities | FR103193005 | 313.8 | 320.2 | 30.2 | 169.8 | -16.1 | 136.3 | -186.6 | -363.3 | -132.9 | 32 |
| Nonfinancial corporate business; other volume changes (4) | FV108090005 | 53.5 | -94.2 | -13.9 | -11.6 | -60.7 | -7.9 | -86.3 | -32.0 | -36.0 | 33 |
| Nonfinancial corporate business; net worth (5) | FL102090005 | 26148.6 | 30439.0 | 26768.0 | 27693.6 | 29085.4 | 30439.0 | 30124.9 | 29906.9 | 30311.3 | 34 |
NOTES
- Sum of net investment (line 2), net holding gains (line 17), and other volume changes (line 33).
- Valued at current cost.
- Before inventory valuation adjustment.
- Consists of statistical discontinuities and disaster-related losses to fixed assets.
- Table B.103, line 36.
Last Update: December 9, 2022