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 | 2020 | 2021 | 2022 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial business; income before taxes | FA146110005 | 3254.5 | 4068.3 | 4397.7 | 4160.5 | 4122.0 | 4288.6 | 4528.9 | 4399.8 | 4373.6 | 1 |
| Nonfinancial business; gross saving less net capital transfers paid | FA146000105 | 2481.2 | 2857.7 | 3238.5 | 2956.0 | 2928.4 | 2939.4 | 3099.4 | 3463.0 | 3452.2 | 2 |
| Nonfinancial business; gross investment | FA145090005 | 2479.6 | 2790.7 | 3283.4 | 2935.1 | 3078.4 | 2838.2 | 3050.8 | 3297.9 | 3946.6 | 3 |
| Nonfinancial business; total capital expenditures | FA145050005 | 2387.3 | 2642.8 | 3219.8 | 2649.9 | 2968.0 | 3422.7 | 3079.4 | 3168.0 | 3208.9 | 4 |
| Nonfinancial business; gross fixed investment | FA145019005 | 2443.0 | 2655.5 | 2955.3 | 2689.7 | 2730.7 | 2843.4 | 2919.4 | 3009.3 | 3049.1 | 5 |
| Nonfinancial business; gross fixed investment, residential equipment and structures | FA145012005 | 151.5 | 174.2 | 200.8 | 183.0 | 173.8 | 191.7 | 207.5 | 204.4 | 199.5 | 6 |
| Nonfinancial business; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA145013005 | 2291.6 | 2481.3 | 2754.5 | 2506.7 | 2556.9 | 2651.6 | 2711.9 | 2804.9 | 2849.5 | 7 |
| Nonfinancial business; inventories | FA145020005 | -55.8 | -19.1 | 159.0 | -55.2 | 240.0 | 257.4 | 145.4 | 70.9 | 162.2 | 8 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FA105420005 | 0.0 | 6.4 | 105.5 | 15.3 | -2.7 | 321.9 | 14.7 | 87.8 | -2.3 | 9 |
| Nonfinancial business; net lending (+) or borrowing (-) (financial account) | FA145000005 | 92.3 | 147.9 | 63.6 | 285.2 | 110.4 | -584.5 | -28.6 | 129.9 | 737.6 | 10 |
| Nonfinancial business; total financial assets | FA144090005 | 880.9 | 1680.0 | 1379.1 | 1766.6 | 2270.3 | 1845.1 | 1829.3 | 671.1 | 1170.9 | 11 |
| Nonfinancial corporate business; private foreign deposits; asset | FA103091003 | 4.0 | 23.8 | -12.7 | -132.7 | -6.5 | 102.4 | -113.2 | -13.4 | -26.8 | 12 |
| Nonfinancial business; checkable deposits and currency; asset | FA143020005 | 494.4 | 219.6 | -283.5 | 431.9 | 383.2 | 204.1 | -596.6 | -766.4 | 24.8 | 13 |
| Nonfinancial business; total time and savings deposits; asset | FA143030005 | 161.6 | 94.1 | 86.1 | 189.5 | 75.4 | 148.5 | -19.1 | 56.7 | 158.3 | 14 |
| Nonfinancial business; money market fund shares; asset | FA143034005 | 131.3 | 103.3 | 12.5 | 6.0 | 132.2 | -60.7 | -2.9 | -1.1 | 114.7 | 15 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | 23.6 | -11.9 | -11.3 | -36.7 | -7.6 | 10.6 | -19.9 | -9.3 | -26.7 | 16 |
| Nonfinancial business; debt securities; asset | FA144022005 | 38.9 | 27.0 | 34.5 | 26.8 | 55.5 | -37.9 | 128.6 | -114.4 | 161.8 | 17 |
| Nonfinancial corporate business; commercial paper; asset | FA103069100 | 33.3 | 2.1 | -43.1 | -82.3 | 3.8 | -75.4 | 59.6 | -147.0 | -9.6 | 18 |
| Nonfinancial business; Treasury securities; asset | FA143061105 | 10.2 | 19.1 | 57.1 | 80.9 | 39.6 | 29.5 | 57.4 | 30.4 | 110.9 | 19 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FA103061703 | 3.6 | 5.0 | 17.7 | 26.9 | 11.7 | 7.2 | 10.2 | 1.1 | 52.3 | 20 |
| Nonfinancial business; municipal securities; asset | FA143062005 | -8.1 | 0.8 | 2.8 | 1.2 | 0.4 | 0.8 | 1.3 | 1.0 | 8.1 | 21 |
| Nonfinancial business; loans; asset | FA144023005 | 12.3 | 10.5 | 11.5 | 13.4 | 66.2 | 20.9 | -58.4 | 9.5 | 73.9 | 22 |
| Nonfinancial business; total mortgages; asset | FA143065005 | 12.3 | 10.4 | 11.5 | 12.0 | 10.1 | 11.9 | 12.1 | 10.7 | 11.1 | 23 |
| Nonfinancial business; consumer credit; asset | FA143066005 | -0.0 | 0.0 | 0.0 | 1.5 | 56.1 | 9.0 | -70.5 | -1.2 | 62.7 | 24 |
| Nonfinancial corporate business; corporate equities; asset | FA103064103 | -136.0 | -102.8 | -20.5 | -102.1 | -113.0 | -103.0 | -103.0 | 7.0 | 117.0 | 25 |
| Nonfinancial corporate business; mutual fund shares; asset | FA103064203 | 11.0 | 23.1 | 24.7 | 23.1 | 23.1 | 23.1 | 23.1 | 23.1 | 29.7 | 26 |
| Nonfinancial business; trade receivables; asset | FA143070005 | -90.0 | 598.7 | 477.3 | 392.1 | 730.9 | 808.5 | 894.0 | -122.8 | 329.5 | 27 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FA103092005 | 182.6 | 308.0 | 315.9 | 154.8 | 292.6 | 203.8 | 388.8 | 127.7 | 543.1 | 28 |
| Nonfinancial business; total miscellaneous assets | FA143090005 | 47.1 | 386.7 | 744.7 | 800.7 | 638.7 | 524.7 | 1307.9 | 1474.7 | -328.4 | 29 |
| Nonfinancial business; total liabilities and equity | FA144194005 | 788.6 | 1532.1 | 1315.5 | 1481.4 | 2160.0 | 2429.6 | 1857.9 | 541.2 | 433.3 | 30 |
| Nonfinancial business; total liabilities | FA144190005 | 699.3 | 1519.8 | 1717.0 | 1451.8 | 2486.2 | 2752.4 | 2471.5 | 827.0 | 817.2 | 31 |
| Nonfinancial corporate business; debt securities; liability | FA104122005 | 654.7 | 214.4 | 54.6 | 384.8 | -98.4 | 165.4 | -42.5 | 169.3 | -73.9 | 32 |
| Nonfinancial corporate business; commercial paper; liability | FA103169100 | -62.3 | 6.0 | 59.3 | 51.8 | 60.5 | -19.9 | 140.2 | 169.0 | -52.1 | 33 |
| Nonfinancial corporate business; municipal securities; liability | FA103162000 | 5.2 | 10.8 | 1.1 | 20.6 | -3.0 | 21.7 | 10.3 | -11.0 | -16.9 | 34 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 711.8 | 197.7 | -5.8 | 312.4 | -155.9 | 163.6 | -193.0 | 11.3 | -5.0 | 35 |
| Nonfinancial business; loans; liability | FA144123005 | 845.2 | 667.4 | 1048.0 | 553.1 | 1370.4 | 1327.5 | 1412.1 | 661.3 | 791.3 | 36 |
| Nonfinancial business; depository institution loans n.e.c.; liability | FA143168005 | 251.1 | -122.5 | 346.5 | -378.4 | 352.2 | 319.1 | 605.2 | 179.5 | 282.1 | 37 |
| Nonfinancial business; other loans and advances; liability | FA143169005 | 284.1 | 361.7 | 222.4 | 478.6 | 449.7 | 499.2 | 252.5 | 53.1 | 84.8 | 38 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 310.0 | 428.2 | 479.2 | 452.9 | 568.5 | 509.2 | 554.3 | 428.6 | 424.4 | 39 |
| Nonfinancial business; trade payables; liability | FA143170005 | -182.9 | 509.9 | 397.3 | 319.2 | 822.2 | 765.3 | 636.4 | -170.9 | 358.3 | 40 |
| Nonfinancial business; taxes payable; liability | FA143178005 | 20.7 | -17.9 | 15.0 | -10.6 | 17.6 | 175.8 | -92.0 | -16.7 | -7.1 | 41 |
| Nonfinancial business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA143192305 | -64.8 | 19.6 | 32.5 | 63.8 | 54.8 | -1.1 | 33.0 | 30.8 | 67.3 | 42 |
| Nonfinancial business; total miscellaneous liabilities | FA143190005 | -573.7 | 126.3 | 169.6 | 141.5 | 319.6 | 319.5 | 524.5 | 153.2 | -318.8 | 43 |
| Nonfinancial business; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FA143181105 | 89.4 | 12.3 | -401.5 | 29.6 | -326.2 | -322.8 | -613.6 | -285.7 | -383.9 | 44 |
| Nonfinancial corporate business; corporate equities; liability | FA103164103 | -115.8 | -325.6 | -594.8 | -358.9 | -643.5 | -555.7 | -751.6 | -555.5 | -516.3 | 45 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business | FA112090205 | 46.3 | -22.7 | -68.4 | 7.3 | -106.4 | -57.6 | -116.0 | -13.9 | -86.3 | 46 |
| Nonfinancial business; foreign direct investment in U.S.; liability (market value) | FA143192105 | 158.8 | 360.6 | 261.7 | 381.1 | 423.7 | 290.6 | 254.0 | 283.7 | 218.7 | 47 |
| Nonfinancial corporate business; sector discrepancy | FA107005005 | 1.7 | 67.0 | -44.9 | 21.0 | -150.0 | 101.2 | 48.6 | 165.1 | -494.4 | 48 |
NOTES
- Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
Last Update: March 9, 2023