Financial Accounts of the United States - Z.1
R.104 Change in Net Worth of Nonfinancial Noncorporate Business
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2019 | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial noncorporate business; net worth (1) | FC112090005 | 809.6 | 1071.7 | 2595.0 | 1144.5 | 481.9 | 644.4 | 212.2 | -194.0 | 4.1 | 1 |
| Nonfinancial noncorporate business; net capital transfers paid | FU115440005 | 0.0 | 0.0 | -5.2 | -10.1 | 0.0 | 0.0 | -9.0 | -1.1 | 0.0 | 2 |
| Nonfinancial noncorporate business; net investment | FU115060005 | 38.5 | 13.2 | -17.6 | -59.5 | -78.0 | -4.3 | 25.4 | -2.6 | -66.6 | 3 |
| Nonfinancial noncorporate business; net physical investment | FU115061005 | 82.3 | 68.5 | 94.6 | 102.5 | -32.6 | 52.2 | 42.4 | 40.5 | -37.6 | 4 |
| Nonfinancial noncorporate business; total capital expenditures | FU115050005 | 434.1 | 433.3 | 487.4 | 545.5 | 73.8 | 161.9 | 155.1 | 154.7 | 78.0 | 5 |
| Nonfinancial noncorporate business; gross fixed investment | FU115019005 | 434.1 | 444.9 | 491.8 | 528.7 | 65.8 | 158.3 | 154.4 | 150.2 | 77.5 | 6 |
| Nonfinancial noncorporate business; inventories | FU115020005 | -0.0 | -11.6 | -4.5 | 16.9 | 8.0 | 3.7 | 0.7 | 4.5 | 0.5 | 7 |
| Nonfinancial noncorporate business; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (gross saving) (NIPA basis) | FU116300005 | 351.8 | 364.8 | 392.7 | 443.0 | 106.4 | 109.8 | 112.7 | 114.2 | 115.6 | 8 |
| Nonfinancial noncorporate business; consumption of fixed capital, residential structures and equipment, current cost basis | FU116320005 | 104.0 | 108.4 | 121.3 | 127.8 | 30.2 | 31.1 | 32.5 | 34.0 | 37.3 | 9 |
| Nonfinancial noncorporate business; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, current cost basis | FU116330005 | 247.9 | 256.4 | 271.4 | 315.3 | 76.3 | 78.6 | 80.2 | 80.2 | 78.3 | 10 |
| Nonfinancial noncorporate business; net lending (+) or borrowing (-) (financial account) | FU115000005 | -82.3 | -68.5 | -89.5 | -92.4 | 32.6 | -52.2 | -33.4 | -39.4 | 37.6 | 11 |
| Nonfinancial noncorporate business; total financial assets | FU114090005 | 123.8 | 1023.2 | 289.6 | 380.5 | 110.9 | 94.7 | 76.9 | 98.0 | 33.4 | 12 |
| Nonfinancial noncorporate business; total liabilities and equity | FU114194005 | 206.1 | 1091.6 | 379.1 | 472.9 | 78.3 | 146.8 | 110.3 | 137.4 | -4.2 | 13 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business (2) | FU112090205 | 34.5 | 11.7 | -22.9 | -69.7 | -78.3 | -3.9 | 16.1 | -3.5 | -66.6 | 14 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | FU115114103 | 3.9 | 1.4 | 0.2 | 0.1 | 0.3 | -0.4 | 0.3 | -0.2 | 0.0 | 15 |
| Nonfinancial noncorporate business; assets less liabilities with revaluations | FR118000005 | 770.2 | 1057.9 | 2624.6 | 1209.5 | 559.9 | 648.6 | 192.5 | -191.5 | 70.7 | 16 |
| Nonfinancial noncorporate business; nonfinancial assets | FR112010005 | 766.8 | 1054.3 | 2628.6 | 1221.1 | 564.5 | 651.8 | 196.5 | -191.7 | 68.8 | 17 |
| Nonfinancial noncorporate business; residential real estate at market value | FR115035023 | 466.2 | 734.5 | 1651.5 | 690.5 | 503.4 | 519.0 | -28.3 | -303.5 | -89.1 | 18 |
| Nonfinancial noncorporate business; nonresidential real estate at market value | FR115035035 | 275.8 | 267.6 | 829.7 | 147.9 | -57.6 | 34.2 | 133.0 | 38.2 | 29.4 | 19 |
| Nonfinancial noncorporate business; residential equipment, current cost basis (3) | FR115012265 | -2.3 | 6.1 | 5.8 | 2.9 | 2.9 | 1.1 | -1.3 | 0.2 | -0.7 | 20 |
| Nonfinancial noncorporate business; nonresidential equipment, current cost basis (3) | FR115013265 | 26.7 | 36.7 | 87.4 | 370.5 | 108.5 | 90.4 | 94.0 | 77.6 | 119.0 | 21 |
| Nonfinancial noncorporate business; nonresidential intellectual property products, current cost basis (3) | FR115013765 | 4.2 | 12.3 | 7.3 | 15.3 | 4.2 | 5.1 | 4.0 | 2.1 | 5.9 | 22 |
| Nonfinancial noncorporate business; inventories (3) | FR115020005 | -3.7 | -2.8 | 46.8 | -6.0 | 3.1 | 2.1 | -4.8 | -6.4 | 4.3 | 23 |
| Nonfinancial noncorporate business; debt securities; asset | FR114022005 | 3.2 | 3.5 | -4.2 | -11.8 | -4.9 | -3.3 | -4.0 | 0.4 | 1.9 | 24 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: interncompany debt; liability (market value) | FR115114305 | -0.2 | -0.1 | -0.3 | -0.3 | -0.3 | -0.1 | 0.0 | 0.1 | -0.0 | 25 |
| Nonfinancial noncorporate business; other volume changes (4) | FV118090005 | 1.0 | 0.5 | -6.9 | 4.6 | 0.1 | 0.1 | 3.3 | 1.2 | 0.1 | 26 |
| Nonfinancial noncorporate business; net worth (5) | LM112090005 | 12252.8 | 13324.4 | 15919.4 | 17063.9 | 16401.3 | 17045.7 | 17257.9 | 17063.9 | 17068.0 | 27 |
NOTES
- Sum of net capital transfers paid (line 2), net investment (line 3), net holding gains (line 16), and other volume changes (line 26).
- Shown on table F.104, line 35.
- Valued at current cost.
- Consists of statistical discontinuities and disaster-related losses to fixed assets.
- Table B.104, line 36.
Last Update: June 8, 2023