L.4.s Net Stocks of Fixed Assets, current cost
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
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Description Series code 2022 2023 2024 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 Line
All domestic sectors; gross fixed investment, current cost basis FL885019865 86709.1 88932.3 91619.2 88027.8 88932.3 89344.2 90058.6 91004.0 91619.2 1
All domestic sectors; gross fixed investment, structures, current cost basis FL885019665 70507.8 71848.7 73575.2 71133.9 71848.7 72008.3 72501.8 73189.9 73575.2 2
All domestic sectors; gross fixed investment, equipment, current cost basis FL885019265 9990.5 10400.6 10783.9 10330.5 10400.6 10526.1 10606.3 10712.6 10783.9 3
All domestic sectors; nonresidential intellectual property products, current cost basis FL885013765 6210.8 6683.1 7260.1 6563.3 6683.1 6809.8 6950.6 7101.6 7260.1 4
All domestic sectors; nonresidential software, current cost basis FL885013365 1200.1 1300.6 1469.7 1278.7 1300.6 1321.0 1373.2 1429.5 1469.7 5
All domestic sectors; nonresidential research and development, current cost basis FL885013465 4365.2 4699.6 5086.3 4614.8 4699.6 4791.4 4878.0 4969.9 5086.3 6
Private domestic sectors; nonresidential entertainment, literary, and artistic originals, current cost basis FL835013565 645.5 682.9 704.2 669.8 682.9 697.5 699.3 702.1 704.2 7
All domestic sectors; gross fixed investment, current cost basis FL885019865 86709.1 88932.3 91619.2 88027.8 88932.3 89344.2 90058.6 91004.0 91619.2 8
Households and nonprofit organizations; structures, equipment, and intellectual property products, current cost basis (Fixed assets basis) FL155015015 30696.8 31216.9 32230.9 30850.1 31216.9 31272.0 31628.4 31983.4 32230.9 9
Nonfinancial corporate business; structures, equipment, and intellectual property products, current cost basis (includes used car premium and REITs residential structures) FL105015085 23335.6 24224.4 25097.5 23945.6 24224.4 24390.7 24610.8 24903.6 25097.5 10
Nonfinancial noncorporate business; structures, equipment, and intellectual property products, current cost basis (NIPA basis) FL115015005 9855.7 10094.2 10218.0 9977.3 10094.2 10078.7 10129.5 10193.9 10218.0 11
Federal government; nonfinancial assets (does not include land) FL315015005 4454.7 4594.5 4756.6 4557.3 4594.5 4637.0 4676.7 4712.4 4756.6 12
State and local governments; net fixed investment (NIPA basis) FL215015005 15849.3 16241.7 16694.6 16152.9 16241.7 16398.7 16428.2 16599.9 16694.6 13
Domestic financial sectors; nonfinancial assets (does not include land) (1) FL795013865 2517.0 2560.6 2621.6 2544.5 2560.6 2567.2 2585.0 2610.8 2621.6 14
Monetary authority; nonresidential structures, equipment, and intellectual property products, current cost basis FL715013865 14.8 14.9 15.0 14.8 14.9 14.8 14.9 15.0 15.0 15
Private depository institutions; nonresidential structures, equipment, and intellectual property products, current cost basis FL705013865 697.0 714.7 737.2 708.2 714.7 717.3 723.8 732.7 737.2 16
U.S.-chartered depository institutions; nonresidential structures, equipment, and intellectual property products, current cost basis FL765013865 503.2 504.0 520.7 502.4 504.0 506.0 510.8 517.3 520.7 17
Foreign banking offices in the U.S.; nonresidential structures, equipment, and intellectual property products, current cost basis FL755013865 93.9 108.0 110.9 104.2 108.0 108.3 109.2 110.4 110.9 18
Banks in U.S.-affiliated areas; nonresidential structures, equipment, and intellectual property products, current cost basis FL745013865 2.0 2.1 2.2 2.1 2.1 2.1 2.1 2.2 2.2 19
Credit unions; nonresidential structures, equipment, and intellectual property products, current cost basis FL475013865 97.8 100.6 103.3 99.6 100.6 100.9 101.7 102.8 103.3 20
Property-casualty insurance companies; nonresidential structures, equipment, and intellectual property products, current cost basis FL515013865 230.8 233.8 239.2 232.5 233.8 234.1 235.8 238.3 239.2 21
Life insurance companies; nonresidential structures, equipment, and intellectual property products, current cost basis FL545013865 199.3 203.3 209.3 201.9 203.3 203.9 205.7 208.0 209.3 22
Private pension funds; nonresidential structures, equipment, and intellectual property products, current cost basis FL575013865 5.2 7.9 9.9 7.2 7.9 8.4 8.9 9.4 9.9 23
State and local government employee retirement funds; nonresidential structures, equipment, and intellectual property products, current cost basis FL225013865 16.8 20.6 25.7 19.5 20.6 21.8 23.1 24.5 25.7 24
Government-sponsored enterprises; nonresidential structures, equipment, and intellectual property products, current cost basis FL405013865 4.4 4.8 4.7 4.7 4.8 4.7 4.7 4.7 4.7 25
Issuers of asset-backed securities; consumer leases FL675013263 0.0 0.0 0.0 0.0 0.0 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 525.7 519.9 516.7 522.4 519.9 520.0 518.9 519.1 516.7 27
Security brokers and dealers; nonresidential structures, equipment, and intellectual property products, current cost basis FL665013865 303.7 320.2 340.9 315.2 320.2 323.6 329.3 336.2 340.9 28
Holding companies; nonresidential structures, equipment, and intellectual property products, current cost basis FL735013865 519.4 520.5 522.9 518.2 520.5 518.6 519.9 523.0 522.9 29
Households and nonprofit organizations; consumer durable goods, current cost basis (2) FL155111005 7635.5 7860.4 8173.8 7832.8 7860.4 7953.2 8002.8 8059.5 8173.8 30
Nonfinancial business; inventories (3) FL145020005 3775.5 3751.3 3840.5 3766.4 3751.3 3783.9 3790.1 3810.6 3840.5 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: March 13, 2025