L.4.s Net Stocks of Fixed Assets, current cost
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2020 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 Line
All domestic sectors; gross fixed investment, current cost basis FL885019865 68258.6 77441.2 85943.2 88472.7 86754.7 87008.9 87643.9 88472.7 88937.4 1
All domestic sectors; gross fixed investment, structures, current cost basis FL885019665 54321.2 62437.6 69726.7 71388.6 70194 70321.7 70759 71388.6 71622.7 2
All domestic sectors; gross fixed investment, equipment, current cost basis FL885019265 8640.8 9303.9 9984.3 10228.3 10158.3 10137.5 10190.9 10228.3 10318.5 3
All domestic sectors; nonresidential intellectual property products, current cost basis FL885013765 5296.6 5699.7 6232.2 6855.9 6402.4 6549.7 6693.9 6855.9 6996.3 4
All domestic sectors; nonresidential software, current cost basis FL885013365 988.5 1078.1 1214.6 1382.6 1271.6 1301.7 1339.1 1382.6 1421.4 5
All domestic sectors; nonresidential research and development, current cost basis FL885013465 3742.2 4023.5 4376.8 4796.7 4477.8 4582.9 4690.4 4796.7 4882.5 6
Private domestic sectors; nonresidential entertainment, literary, and artistic originals, current cost basis FL835013565 565.9 598 640.8 676.6 653 665.1 664.5 676.6 692.4 7
All domestic sectors; gross fixed investment, current cost basis FL885019865 68258.6 77441.2 85943.2 88472.7 86754.7 87008.9 87643.9 88472.7 88937.4 8
Households and nonprofit organizations; structures, equipment, and intellectual property products, current cost basis (Fixed assets basis) FL155015015 23269.5 27299.3 30694.5 31516.6 30673.2 30719.5 31123.8 31516.6 31623 9
Nonfinancial corporate business; structures, equipment, and intellectual property products, current cost basis (includes used car premium and REITs residential structures) FL105015085 18875.3 20919.4 23086.2 24106.3 23585.8 23748.6 23854.6 24106.3 24294.2 10
Nonfinancial noncorporate business; structures, equipment, and intellectual property products, current cost basis (NIPA basis) FL115015005 7800.7 8822.6 9796.3 9739.1 9780.7 9720.2 9717.2 9739.1 9694.6 11
Federal government; nonfinancial assets (does not include land) FL315015005 3779.2 4098.2 4412.6 4611.3 4476.3 4514 4556.7 4611.3 4656.8 12
State and local governments; net fixed investment (NIPA basis) FL215015005 12546.6 14063.2 15427.1 15896.3 15662.3 15723.6 15806.3 15896.3 16054 13
Domestic financial sectors; nonfinancial assets (does not include land) (1) FL795013865 1987.2 2238.4 2526.4 2603.2 2576.5 2583 2585.4 2603.2 2614.7 14
Monetary authority; nonresidential structures, equipment, and intellectual property products, current cost basis FL715013865 11.2 12.8 14.7 15.2 15 15.1 15 15.2 15.2 15
Private depository institutions; nonresidential structures, equipment, and intellectual property products, current cost basis FL705013865 526.5 599.3 688.5 714.4 703.4 706.8 708 714.4 718.3 16
U.S.-chartered depository institutions; nonresidential structures, equipment, and intellectual property products, current cost basis FL765013865 391.7 440.5 497.7 517.2 508.7 511.3 512.4 517.2 520.3 17
Foreign banking offices in the U.S.; nonresidential structures, equipment, and intellectual property products, current cost basis FL755013865 64.7 76.8 92.4 95.5 94.4 94.7 94.8 95.5 96 18
Banks in U.S.-affiliated areas; nonresidential structures, equipment, and intellectual property products, current cost basis FL745013865 1.7 1.9 2 2.1 2.1 2.1 2.1 2.1 2.1 19
Credit unions; nonresidential structures, equipment, and intellectual property products, current cost basis FL475013865 68.5 80.2 96.3 99.5 98.3 98.7 98.8 99.5 100 20
Property-casualty insurance companies; nonresidential structures, equipment, and intellectual property products, current cost basis FL515013865 179.7 205.8 237.2 248.6 242.9 244.6 245.8 248.6 250.7 21
Life insurance companies; nonresidential structures, equipment, and intellectual property products, current cost basis FL545013865 154.5 178.7 207.5 221 213 215.6 217.6 221 223.6 22
Private pension funds; nonresidential structures, equipment, and intellectual property products, current cost basis FL575013865 2.1 3.5 4.7 5.9 5 5.3 5.6 5.9 6.2 23
State and local government employee retirement funds; nonresidential structures, equipment, and intellectual property products, current cost basis FL225013865 6.2 9.2 12.2 14 12.8 13.2 13.5 14 14.4 24
Government-sponsored enterprises; nonresidential structures, equipment, and intellectual property products, current cost basis FL405013865 3.5 3.8 4.4 4.3 4.4 4.4 4.3 4.3 4.3 25
Issuers of asset-backed securities; consumer leases FL675013263 0 0 0 0 0 0 0 0 0 26
Finance companies; nonresidential structures, equipment, and intellectual property products excluding securitized equipment, current cost basis FL615013865 480.6 514.8 542.5 538.8 548.5 543.5 541.1 538.8 538.1 27
Security brokers and dealers; nonresidential structures, equipment, and intellectual property products, current cost basis FL665013865 221.9 257 297.7 315.8 305.7 308.8 311.2 315.8 319.1 28
Holding companies; nonresidential structures, equipment, and intellectual property products, current cost basis FL735013865 401 453.6 517.2 525.3 525.7 525.8 523.2 525.3 524.9 29
Households and nonprofit organizations; consumer durable goods, current cost basis (2) FL155111005 6026.2 6998.1 7645.6 7878.2 7735.3 7839 7850.1 7878.2 7959.3 30
Nonfinancial business; inventories (3) FL145020005 2913.2 3445.9 3800.6 3789.7 3789 3752.8 3792.6 3789.7 3828.1 31

NOTES

  1. Domestic financial subsector detail are based on FRB staff estimates.
  2. Consumer durable goods are not included above, consistent with their treatment in the NIPAs. In Financial Accounts, consumer durables are included in household sector fixed investment (table B.101, line 8).
  3. Not included above.
Last Update: June 7, 2024