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 | 2019 | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial business; income before taxes | FA146110005 | 3000.4 | 3254.5 | 4068.3 | 4378.8 | 4288.6 | 4528.9 | 4399.8 | 4297.8 | 4304.6 | 1 |
| Nonfinancial business; gross saving less net capital transfers paid | FA146000105 | 2578.2 | 2481.2 | 2857.7 | 3234.1 | 2939.5 | 3099.6 | 3463.0 | 3434.2 | 3418.5 | 2 |
| Nonfinancial business; gross investment | FA145090005 | 2763.0 | 2502.6 | 2619.1 | 3120.5 | 2871.0 | 2889.5 | 3204.5 | 3516.9 | 3149.3 | 3 |
| Nonfinancial business; total capital expenditures | FA145050005 | 2603.1 | 2387.3 | 2642.8 | 3221.1 | 3422.7 | 3079.4 | 3168.0 | 3214.3 | 3112.0 | 4 |
| Nonfinancial business; gross fixed investment | FA145019005 | 2530.4 | 2443.0 | 2655.5 | 2956.7 | 2843.4 | 2919.4 | 3009.3 | 3054.8 | 3097.0 | 5 |
| Nonfinancial business; gross fixed investment, residential equipment and structures | FA145012005 | 133.1 | 151.5 | 174.2 | 200.6 | 191.7 | 207.5 | 204.4 | 198.8 | 184.7 | 6 |
| Nonfinancial business; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA145013005 | 2397.3 | 2291.6 | 2481.3 | 2756.1 | 2651.6 | 2711.9 | 2804.9 | 2856.0 | 2912.3 | 7 |
| Nonfinancial business; inventories | FA145020005 | 72.8 | -55.8 | -19.1 | 158.9 | 257.4 | 145.4 | 70.9 | 161.8 | 16.9 | 8 |
| Nonfinancial corporate business; acquisition of nonproduced nonfinancial assets (net) | FA105420005 | -0.1 | 0.0 | 6.4 | 105.5 | 321.9 | 14.7 | 87.8 | -2.3 | -1.9 | 9 |
| Nonfinancial business; net lending (+) or borrowing (-) (financial account) | FA145000005 | 159.9 | 115.3 | -23.7 | -100.6 | -551.7 | -189.9 | 36.5 | 302.6 | 37.3 | 10 |
| Nonfinancial business; total financial assets | FA144090005 | 2519.6 | 1418.2 | 1435.7 | 858.6 | 1375.7 | 948.6 | -38.7 | 1148.8 | 528.4 | 11 |
| Nonfinancial corporate business; private foreign deposits; asset | FA103091003 | 24.7 | 4.0 | 31.3 | 17.8 | 77.2 | -100.1 | -11.4 | 105.4 | 17.0 | 12 |
| Nonfinancial business; checkable deposits and currency; asset | FA143020005 | 147.9 | 492.6 | 344.5 | 45.5 | 208.6 | -565.3 | -62.8 | 601.4 | 157.4 | 13 |
| Nonfinancial business; total time and savings deposits; asset | FA143030005 | 49.8 | 279.4 | 101.0 | 70.8 | 178.0 | -90.9 | 82.1 | 113.8 | -49.2 | 14 |
| Nonfinancial business; money market fund shares; asset | FA143034005 | 111.9 | 142.5 | 103.3 | -67.2 | -133.0 | -74.9 | -76.8 | 15.8 | 334.0 | 15 |
| Nonfinancial corporate business; security repurchase agreements; asset | FA102051003 | -1.2 | 23.6 | -10.3 | -2.0 | 12.9 | -21.4 | -13.6 | 13.9 | 5.8 | 16 |
| Nonfinancial business; debt securities; asset | FA144022005 | 66.1 | 34.3 | 32.8 | -7.3 | -84.0 | 140.6 | -116.5 | 30.7 | 18.6 | 17 |
| Nonfinancial corporate business; commercial paper; asset | FA103069100 | 55.4 | 33.3 | 5.4 | -48.1 | -88.0 | 71.8 | -149.2 | -27.1 | 35.0 | 18 |
| Nonfinancial business; Treasury securities; asset | FA143061105 | 5.6 | 5.2 | 12.9 | 34.3 | 4.5 | 57.1 | 30.5 | 45.1 | -14.6 | 19 |
| Nonfinancial corporate business; agency- and GSE-backed securities; asset | FA103061703 | 2.4 | 3.6 | 2.9 | 6.1 | -1.1 | 10.4 | 1.4 | 13.8 | -1.3 | 20 |
| Nonfinancial business; municipal securities; asset | FA143062005 | 2.7 | -7.8 | 11.6 | 0.4 | 0.7 | 1.3 | 0.8 | -1.2 | -0.5 | 21 |
| Nonfinancial business; loans; asset | FA144023005 | 3.3 | 10.7 | 12.9 | 16.2 | 17.6 | -75.2 | 41.9 | 80.5 | 14.3 | 22 |
| Nonfinancial business; total mortgages; asset | FA143065005 | 3.9 | 10.7 | 13.0 | 16.2 | 16.1 | 16.7 | 15.7 | 16.5 | 15.3 | 23 |
| Nonfinancial business; consumer credit; asset | FA143066005 | -0.7 | 0.0 | -0.0 | -0.0 | 1.5 | -91.9 | 26.2 | 64.1 | -1.0 | 24 |
| Nonfinancial corporate business; corporate equities; asset | FA103064103 | 10.2 | -136.0 | -101.4 | -161.2 | -185.6 | -155.1 | -146.9 | -157.3 | -161.2 | 25 |
| Nonfinancial corporate business; mutual fund shares; asset | FA103064203 | 5.3 | 9.9 | 22.0 | -4.4 | -4.4 | -4.4 | -4.4 | -4.4 | -4.4 | 26 |
| Nonfinancial business; trade receivables; asset | FA143070005 | 451.2 | 39.6 | 389.6 | 237.7 | 725.7 | 866.3 | -415.0 | -226.2 | -126.3 | 27 |
| Nonfinancial corporate business; U.S. direct investment abroad (market value); asset | FA103092005 | 4.8 | 182.6 | 308.0 | 332.2 | 253.5 | 422.8 | 189.7 | 462.8 | 317.3 | 28 |
| Nonfinancial business; total miscellaneous assets | FA143090005 | 1645.5 | 335.1 | 201.9 | 380.6 | 309.1 | 606.2 | 495.0 | 112.3 | 5.2 | 29 |
| Nonfinancial business; total liabilities and equity | FA144194005 | 2359.7 | 1302.9 | 1459.4 | 959.2 | 1927.3 | 1138.5 | -75.2 | 846.2 | 491.1 | 30 |
| Nonfinancial business; total liabilities | FA144190005 | 2443.4 | 1270.9 | 1437.2 | 1393.7 | 2276.1 | 1766.5 | 244.2 | 1287.8 | 956.7 | 31 |
| Nonfinancial corporate business; debt securities; liability | FA104122005 | 276.9 | 654.0 | 214.0 | 53.2 | 167.8 | -44.0 | 165.1 | -76.0 | 505.8 | 32 |
| Nonfinancial corporate business; commercial paper; liability | FA103169100 | -1.9 | -62.3 | 6.0 | 59.3 | -19.9 | 140.2 | 169.0 | -52.1 | -82.2 | 33 |
| Nonfinancial corporate business; municipal securities; liability | FA103162000 | 15.7 | 5.4 | 10.9 | 0.9 | 22.0 | 10.1 | -10.6 | -18.0 | 6.8 | 34 |
| Nonfinancial corporate business; corporate bonds; liability | FA103163003 | 263.2 | 711.0 | 197.1 | -7.0 | 165.7 | -194.4 | 6.8 | -5.9 | 581.2 | 35 |
| Nonfinancial business; loans; liability | FA144123005 | 434.6 | 885.1 | 652.7 | 1028.3 | 1317.0 | 1407.7 | 646.8 | 741.8 | 249.1 | 36 |
| Nonfinancial business; depository institution loans n.e.c.; liability | FA143168005 | 47.0 | 251.1 | -122.5 | 340.9 | 319.3 | 604.4 | 180.1 | 260.0 | 110.1 | 37 |
| Nonfinancial business; other loans and advances; liability | FA143169005 | 137.4 | 284.5 | 362.1 | 222.7 | 499.7 | 252.9 | 55.5 | 82.6 | -76.0 | 38 |
| Nonfinancial business; total mortgages; liability | FA143165005 | 250.3 | 349.5 | 413.1 | 464.7 | 498.0 | 550.4 | 411.2 | 399.2 | 214.9 | 39 |
| Nonfinancial business; trade payables; liability | FA143170005 | 173.1 | -24.5 | 447.8 | 284.3 | 575.2 | 589.4 | -169.9 | 142.4 | -250.7 | 40 |
| Nonfinancial business; taxes payable; liability | FA143178005 | -0.7 | 15.2 | -19.5 | 40.8 | 186.2 | -48.9 | 11.7 | 14.3 | 75.5 | 41 |
| Nonfinancial business; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA143192305 | -7.2 | -64.8 | 19.6 | 49.6 | 5.5 | 39.4 | 75.0 | 78.6 | 77.9 | 42 |
| Nonfinancial business; total miscellaneous liabilities | FA143190005 | 1566.6 | -194.1 | 122.5 | -62.6 | 24.5 | -177.1 | -484.5 | 386.8 | 299.1 | 43 |
| Nonfinancial business; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FA143181105 | -83.7 | 32.0 | 22.3 | -434.4 | -348.8 | -627.9 | -319.4 | -441.6 | -465.6 | 44 |
| Nonfinancial corporate business; corporate equities; liability | FA103164103 | -353.0 | -138.6 | -315.5 | -614.7 | -575.6 | -758.6 | -575.0 | -549.7 | -681.9 | 45 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business | FA112090205 | 34.5 | 11.7 | -22.9 | -69.7 | -58.0 | -117.6 | -16.6 | -86.5 | -39.8 | 46 |
| Nonfinancial business; foreign direct investment in U.S.; liability (market value) | FA143192105 | 234.8 | 158.8 | 360.6 | 250.0 | 284.8 | 248.3 | 272.2 | 194.6 | 256.2 | 47 |
| Nonfinancial corporate business; sector discrepancy | FA107005005 | -184.8 | -21.3 | 238.6 | 113.6 | 68.4 | 210.2 | 258.5 | -82.7 | 269.2 | 48 |
NOTES
- Combined statement for nonfinancial corporate business and nonfinancial noncorporate business.
Last Update: June 8, 2023