F.4 Saving and Investment by Sector (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2020 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 Line
All domestic sectors; gross saving excluding consumer durables (NIPA) FA886000115 3936.9 4200.7 4699.9 4495.4 4466.9 4480.2 4458.3 4576.4 4586.7 1
All sectors; net saving including net capital transfers paid (sum of pieces) FA896006005 311.3 327.4 400 -90.3 -40.5 -76.9 -153.1 -90.9 -125.2 2
Private domestic sectors; net saving including net capital transfers paid FA836006005 3257.6 2823.9 1401.8 1724 1696.6 1773.6 1724.2 1701.5 1657.5 3
Domestic business; net saving including net capital transfers paid FA826006005 579.1 703.4 779 824.1 748.4 746 860.3 941.7 860.9 4
Nonfinancial corporate business; disposable income, net; net saving (IMA) FA106012005 525.8 638.6 674.2 644.6 624.5 632.8 646.4 674.5 585.5 5
Domestic financial sectors; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA796012005 53.3 64.8 104.9 179.6 123.8 113.2 213.9 267.2 275.4 6
Households and nonprofit organizations; net saving including net capital transfers paid excluding consumer durables and government insurance and pension fund reserves FA156006005 2678.6 2120.5 622.8 899.8 948.2 1027.6 863.9 759.8 796.6 7
General government; net saving including net capital transfers paid FA366006005 -2946.3 -2496.6 -1001.9 -1814.3 -1737.1 -1850.4 -1877.3 -1792.4 -1782.7 8
Federal government; net saving including net capital transfers paid, insurance and pension fund reserves adjustment and contributions for government social insurance for U.S. affiliated areas (NIPA) FA316006005 -2894.4 -2739.9 -1062.2 -1664.2 -1673.7 -1665.7 -1664.1 -1653.3 -1574 9
State and local governments; net saving including net capital transfers paid FA216006005 -51.9 243.4 60.4 -150.1 -63.4 -184.7 -213.2 -139.1 -208.7 10
All domestic sectors; consumption of fixed capital, equipment, software, and structures, current cost basis (IMA, sum of parts) FA886300095 3625.5 3873.3 4299.9 4585.8 4507.4 4557 4611.5 4667.3 4711.8 11
Private domestic sectors; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA836300005 3007.7 3214.3 3577.6 3822.1 3753.3 3797.3 3844.5 3893 3929.4 12
Domestic business; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis) FA826300003 2360.2 2492.4 2756.6 2966.4 2910.2 2949 2982.5 3023.9 3057.4 13
Nonfinancial corporate business; consumption of fixed capital, structures, equipment, and intellectual property products, including equity REIT residential structures (NIPA basis) FA106300003 1730.2 1818.3 2004.7 2165.5 2121.6 2153.1 2177.5 2209.8 2235.8 14
Nonfinancial noncorporate business; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis FA116300001 372.1 398.4 445.2 469.8 463 467 472.3 477 480.6 15
Domestic financial sectors; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, including noncorporate financial, current cost basis (IMA) FA796330081 257.9 275.7 306.6 331.1 325.6 328.9 332.8 337.1 341.1 16
Households and nonprofit organizations; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA156300003 647.5 722 821 855.6 843.1 848.3 862 869.1 871.9 17
General government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA366300005 617.8 659 722.3 763.7 754.1 759.7 766.9 774.2 782.5 18
Federal government; consumption of fixed capital, structures, equipment, and intellectual property products, current cost basis (NIPA basis) FA316300001 309.4 326 350.8 370.5 364.3 368 372.5 377.1 381.6 19
State and local governments; consumption of fixed capital, equipment, software, and structures, current cost basis (NIPA basis) FA216300001 308.4 333 371.5 393.2 389.7 391.7 394.4 397.1 400.8 20
All domestic sectors; gross domestic investment, capital account transactions, and net lending (NIPA) FA885090015 3995.1 4195.2 4647.6 5005.2 4795.1 4917.4 5098.8 5209.3 5207.5 21
All domestic sectors; gross fixed investment and inventories FA885019905 4564.8 5043 5633.4 5836.4 5667.6 5754.6 5919.7 6003.6 6064.7 22
Private domestic sectors; gross fixed investment and inventories FA835019905 3748.4 4216.3 4756.6 4843.9 4725.8 4780.3 4915 4954.4 5004.4 23
Domestic business; gross fixed investment and inventories FA825019905 2743.6 3023.8 3510.9 3659.2 3553.7 3609.5 3723.9 3749.8 3753.9 24
Nonfinancial corporate business; gross fixed investment with and inventories (IMA) FA105019985 2022 2225.8 2626.8 2735.1 2657.6 2688.3 2783.8 2810.4 2801.6 25
Nonfinancial noncorporate business; total capital expenditures (IMA) FA115050085 436.2 491 546.9 556.1 537.2 551 570.3 566 573 26
Domestic financial sectors; gross fixed investment, nonresidential structures, equipment, and intellectual property products FA795013005 285.4 307.1 337.2 368 358.8 370.1 369.8 373.4 379.3 27
Households and nonprofit organizations; gross fixed investment excluding consumer durables FA155019005 1004.7 1192.4 1245.8 1184.7 1172.2 1170.8 1191.2 1204.7 1250.5 28
General government; gross fixed investment FA365019005 816.5 826.8 876.8 992.5 941.8 974.4 1004.7 1049.2 1060.3 29
Federal government; gross fixed investment (NIPA basis) FA315019001 364.8 378 406.5 442.6 427.7 437.2 445.7 459.9 461.2 30
State and local governments; gross fixed investment (NIPA basis) FA215019001 451.7 448.8 470.2 549.9 514.2 537.2 559 589.3 599.1 31
Rest of the world; capital account transactions (net) (2) FA265430003 6.1 3.7 5.3 13.7 24.1 11.5 9 10.3 9.4 32
Private domestic sectors; capital account transactions (net) FA835430005 1.9 -43.9 140.3 -123.6 8.1 -15.1 -439.9 -47.7 -42.2 33
Domestic business; capital account transactions (net) FA825430005 13.3 13.5 153.2 -3.4 -4.2 -4.4 -0.6 -4.5 19.1 34
Nonfinancial corporate business; capital account transactions (net) FA105430005 13.3 -4 135 -3.4 -4.2 -4.4 -0.6 -4.5 19.1 35
Nonfinancial noncorporate business; net capital transfers paid FA115440005 0 -5.2 -10.1 0 0 0 0 0 0 36
Domestic financial sectors; net capital transfers paid FA795440005 0 22.7 28.2 0 0 0 0 0 0 37
Households and nonprofit organizations; capital account transactions (net) FA155430005 -11.4 -57.3 -12.9 -120.2 12.3 -10.7 -439.2 -43.3 -61.3 38
General government; capital account transactions (net) FA365430005 4.2 47.5 -135 137.4 16 26.6 448.9 58 51.6 39
Federal government; capital account transactions (net) FA315430005 70.6 112.2 75.7 213.1 85.5 102.6 528.7 135.7 130.5 40
State and local governments; capital account transactions (net) FA215430005 -66.3 -64.7 -210.7 -75.8 -69.5 -76 -79.8 -77.7 -78.9 41
All domestic sectors; net lending (+) or borrowing (-) (capital account) (3) FA885000905 -575.8 -851.5 -991.1 -845 -896.7 -848.7 -829.9 -804.6 -866.6 42
Private domestic sectors; net lending (+) or borrowing (-) (capital account) FA835000905 2573.4 1860.4 30.2 1335.5 1044.1 1243 1734.1 1320.8 1245.5 43
Domestic business; net lending (+) or borrowing (-) (capital account) FA825000905 240.6 153 -180.7 644.5 437.3 527.2 760.1 853.3 766.1 44
Nonfinancial corporate business; net lending (+) or borrowing (-) (capital account), excludes statistical discrepancy (3) FA105000995 278.8 229.6 -135.3 588.1 420.9 539.2 681.1 711.3 621.5 45
Nonfinancial noncorporate business; net lending (+) or borrowing (-) (capital account) FA115000905 -64.1 -87.4 -91.5 -86.3 -74.2 -84 -98 -88.9 -92.5 46
Domestic financial sectors; net lending (+) or borrowing (-) (capital account) FA795000905 25.8 10.7 46.1 142.6 90.7 72 176.9 230.9 237.1 47
Households and nonprofit organizations; net lending (+) or borrowing (-) (capital account) FA155000905 2332.8 1707.4 210.9 691 606.9 715.7 974 467.4 479.4 48
General government; net lending (+) or borrowing (-) (capital account) FA365000905 -3149.2 -2711.9 -1021.3 -2180.4 -1940.8 -2091.7 -2564 -2125.4 -2112.1 49
Federal government; net lending (+) or borrowing (-) (capital account) FA315000905 -3020.4 -2904 -1193.6 -1949.4 -1822.5 -1837.4 -2266 -1871.8 -1784.1 50
State and local governments; net lending (+) or borrowing (-) (capital account) FA215000905 -128.8 192.2 172.3 -231 -118.3 -254.3 -298 -253.5 -328 51
Gross domestic product (GDP); statistical discrepancy (calculated from components) FA087005005 58.2 -5.5 -52.3 509.7 328.2 437.3 640.5 633 620.8 52
All sectors; disaster losses FA895404005 0 62 60 0 0 0 0 0 0 53
Private domestic sectors; disaster losses FA835404005 0 58 57 0 0 0 0 0 0 54
Domestic business; disaster losses FA825404003 0 38.3 27.8 0 0 0 0 0 0 55
Households and nonprofit organizations; disaster losses on residential structures FA155404003 0 19.7 29.2 0 0 0 0 0 0 56
General government; disaster losses FA365404005 0 4 3 0 0 0 0 0 0 57
Federal government; disaster losses FA315404003 0 0 0 0 0 0 0 0 0 58
State and local governments; disaster losses FA215404003 0 4 3 0 0 0 0 0 0 59

NOTES

  1. This table is based on NIPA table 5.1 in the Survey of Current Business, Bureau of Economic Analysis (www.bea.gov). It is consistent with the Integrated Macroeconomic Accounts of the United States jointly compiled by the Federal Reserve Board and the Bureau of Economic Analysis.
  2. Consists of net capital transfers shown on table F.5 and the acquisition of nonproduced nonfinancial assets (net) shown on table F.2.
  3. Differs from net lending or net borrowing (capital account) in the Integrated Macroeconomic Accounts of the United States by the statistical discrepancy (line 52).
Last Update: June 7, 2024