Financial Accounts of the United States - Z.1
F.104 Nonfinancial Noncorporate Business
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2021 | 2022 | 2023 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonfinancial noncorporate business; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (gross saving) (NIPA basis) | FA116300005 | 398.4 | 445.2 | 469.8 | 452 | 457.8 | 463 | 467 | 472.3 | 476.9 | 1 |
| Nonfinancial noncorporate business; gross saving less net capital transfers paid (1) | FA116000105 | 403.6 | 455.4 | 469.8 | 488 | 462.2 | 463 | 467 | 472.3 | 476.9 | 2 |
| Nonfinancial noncorporate business; gross saving less net capital transfers paid | FA116000105 | 403.6 | 455.4 | 469.8 | 488 | 462.2 | 463 | 467 | 472.3 | 476.9 | 3 |
| Nonfinancial noncorporate business; total capital expenditures | FA115050005 | 491 | 546.9 | 569.3 | 546.9 | 560.6 | 553.9 | 560.7 | 582.3 | 580.2 | 4 |
| Nonfinancial noncorporate business; gross fixed investment (2) | FA115019005 | 490 | 533.2 | 560.7 | 546.5 | 541.8 | 554.6 | 556.6 | 564 | 567.7 | 5 |
| Nonfinancial noncorporate business; inventories | FA115020005 | 1 | 13.7 | 8.5 | 0.4 | 18.8 | -0.7 | 4.1 | 18.3 | 12.5 | 6 |
| Nonfinancial noncorporate business; net lending (+) or borrowing (-) (financial account) | FA115000005 | -87.4 | -91.5 | -99.5 | -58.9 | -98.4 | -90.9 | -93.7 | -110 | -103.3 | 7 |
| Nonfinancial noncorporate business; total financial assets | FA114090005 | 703.1 | 351.3 | 135.5 | 271.9 | 373.4 | 237.1 | 198.2 | 95.7 | 10.8 | 8 |
| Nonfinancial noncorporate business; checkable deposits and currency; asset | FA113020005 | 78.2 | 42.5 | 7.1 | -22.9 | 19.9 | 8.2 | 13.4 | 4.9 | 1.8 | 9 |
| Nonfinancial noncorporate business; total time and savings deposits; asset | FA113030003 | 95.4 | 71.3 | 43.7 | -3.1 | 115.8 | 108.2 | 46.2 | 15.1 | 5.2 | 10 |
| Nonfinancial noncorporate business; money market fund shares; asset | FA113034003 | 2.4 | 6.3 | 2.3 | 6.3 | 6.6 | 2.8 | 4.6 | 1.4 | 0.5 | 11 |
| Nonfinancial noncorporate business; debt securities; asset | FA114022005 | 2.3 | 12.8 | -0.2 | 21.9 | 3 | -7.3 | 8.9 | 15.1 | -17.6 | 12 |
| Nonfinancial noncorporate business; total U.S. government securities; asset | FA113061003 | 2.2 | 11.9 | -0.1 | 20.9 | 3.3 | -7 | 8.6 | 14.2 | -16.3 | 13 |
| Nonfinancial noncorporate business; municipal securities; asset | FA113062003 | 0.1 | 0.9 | -0.1 | 1 | -0.3 | -0.3 | 0.3 | 1 | -1.4 | 14 |
| Nonfinancial noncorporate business; loans; asset | FA114023005 | -1.8 | 3.8 | 1 | 2.9 | 3.1 | 1.2 | 1.9 | 0.6 | 0.2 | 15 |
| Nonfinancial noncorporate business; total mortgages; asset | FA113065005 | -1.8 | 3.8 | 1 | 2.9 | 3.1 | 1.2 | 1.9 | 0.6 | 0.2 | 16 |
| Nonfinancial noncorporate business; consumer credit; asset | FA113066003 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 |
| Nonfinancial noncorporate business; equity in Farm Credit System; asset (3) | FA113092405 | 1.3 | 0.9 | 3.2 | 3.5 | -0.3 | 7.3 | 2.7 | 1.1 | 1.6 | 18 |
| Nonfinancial noncorporate business; trade receivables; asset | FA113070003 | 80.1 | 50.8 | 17.3 | 44.3 | 46.4 | 20.6 | 33.7 | 11.2 | 3.8 | 19 |
| Nonfinancial noncorporate business; total miscellaneous assets | FA113090005 | 445.2 | 162.8 | 61.2 | 218.9 | 178.9 | 96.1 | 86.8 | 46.2 | 15.4 | 20 |
| Nonfinancial noncorporate business; insurance receivables due from property-casualty insurance companies; asset | FA113076005 | 17.1 | 9.5 | 10.4 | 16.9 | 4.7 | 7.7 | 11.1 | 10.9 | 12 | 21 |
| Nonfinancial noncorporate business; Paycheck Protection Program receivables due from federal government; asset | FA113072003 | -102.3 | -41.6 | -1.9 | -24.1 | -7.2 | -3.3 | -2.4 | -2 | 0 | 22 |
| Nonfinancial noncorporate business; unidentified miscellaneous assets | FA113093005 | 530.4 | 194.9 | 52.6 | 226.1 | 181.4 | 91.7 | 78.2 | 37.3 | 3.5 | 23 |
| Nonfinancial noncorporate business; total liabilities and equity | FA114194005 | 790.4 | 442.8 | 234.9 | 330.8 | 471.8 | 328.1 | 291.8 | 205.7 | 114.1 | 24 |
| Nonfinancial noncorporate business; total liabilities | FA114190005 | 919.2 | 537.6 | 244.7 | 376.6 | 557.5 | 387.5 | 256 | 167.6 | 167.9 | 25 |
| Nonfinancial noncorporate business; loans; liability | FA114123005 | 367 | 433.1 | 167.2 | 324.7 | 429.9 | 287.7 | 112.7 | 115.8 | 152.6 | 26 |
| Nonfinancial noncorporate business; depository institution loans n.e.c.; liability | FA113168005 | -30.3 | 77.8 | -10.4 | 38.7 | 105.6 | 52 | -39.6 | -76.9 | 22.9 | 27 |
| Nonfinancial noncorporate business; other loans and advances; liability | FA113169005 | 57 | 43.2 | -4.4 | 20.3 | 40.8 | -0.1 | -39.1 | 18.9 | 2.9 | 28 |
| Nonfinancial noncorporate business; total mortgages; liability | FA113165005 | 340.3 | 312.1 | 182 | 265.7 | 283.5 | 235.8 | 191.4 | 173.8 | 126.8 | 29 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: intercompany debt; liability (market value) | FA115114305 | -0.2 | 0.2 | -0.2 | 0.8 | 0.1 | -0.6 | 0 | -0.2 | 0.1 | 30 |
| Nonfinancial noncorporate business; trade payables; liability | FA113170005 | 68.3 | 42.9 | 4.2 | 22.9 | 62.5 | 6.7 | 23.8 | -6 | -7.6 | 31 |
| Nonfinancial noncorporate business; taxes payable; liability | FA113178003 | 32.3 | 11.5 | 6 | 9.2 | 10.8 | 6.8 | 11.1 | 4.5 | 1.5 | 32 |
| Nonfinancial noncorporate business; unidentified miscellaneous liabilities | FA113193003 | 451.7 | 49.9 | 67.5 | 19.1 | 54.2 | 86.9 | 108.4 | 53.5 | 21.2 | 33 |
| Nonfinancial noncorporate business; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability | FA113181115 | -128.7 | -94.8 | -9.8 | -45.9 | -85.7 | -59.4 | 35.9 | 38.1 | -53.8 | 34 |
| Nonfinancial noncorporate business; foreign direct investment in U.S. real estate business: equity; liability (market value) | FA115114103 | 0.8 | 0.5 | -0.2 | 0.2 | 0.6 | 0.5 | -0.3 | -0.1 | -0.8 | 35 |
| Nonfinancial noncorporate business; proprietors' equity in noncorporate business | FA112090205 | -129.5 | -95.3 | -9.7 | -46 | -86.3 | -59.9 | 36.1 | 38.1 | -53 | 36 |
NOTES
- Net capital transfers paid from table F.5, line 62.
- Nonresidential fixed investment plus residential fixed investment, shown in table F.2, lines 11 and 16 respectively.
- Equity in the Farm Credit System.
Last Update: March 7, 2024