Fixed assets and consumer durable goods for 1993-2003.

Lally, Paul R.

As part of the annual revision of the national income and products accounts (NIPAs), the Bureau of Economic Analysis (BEA) has released preliminary estimates of fixed assets and consumer durable goods for 2003 and revised estimates for 1993-2002. (1) These estimates cover the net stock of equipment and software and of structures owned by business and government and the net stock of durable goods owned by consumers.

The estimates reflect the following improvements:

* The conversion of the industry distribution of private nonresidential equipment, software, and structures to the North American Industry Classification System (NAICS), which better reflects new and emerging industries and which provides better international comparability, (2)

* The incorporation of the 1997 capital flow table, which is integrated with the 1997 benchmark input-output accounts and shows the industries that purchase or lease new investment,

* The use of an updated depreciation schedule for consumer autos, and

* A new distribution of the estimates by legal form of organization that shows estimates of sole proprietorships and of partnerships to provide more detail within the NIPA business sector.

In addition, the estimates reflect the use of an updated depreciation schedule for computers and peripheral equipment and the use of updated depreciation rates for communication equipment, for nonresidential commercial structures, for railroad structures, and for nonresidential farm structures.

The estimates of the net stock of fixed assets and consumer durable goods are presented in two valuations--current cost and real cost. The current-cost valuation includes the effects of both price changes and changes in the physical volume of assets, but the real-cost valuation, which is measured in terms of chain-type quantity indexes, reflects only changes in the physical volume or real changes. (3)

In 1987-2003, the net stock at current cost grew at an average annual rate of 4.9 percent, and at real cost, it grew 2.6 percent (table A). Real-cost private net stock grew at an average annual rate of 2.5 percent; real-cost government net stock grew at an average annual rate of 1.8 percent; and real-cost net stock of consumer durable goods grew at an average annual rate of 4.9 percent.

During the economic expansion of 1991-2000, the real-cost net stock grew at an average annual rate of 2.6 percent, primarily reflecting 5.1-percent growth in the real-cost net stock of nonresidential equipment and software and 4.6-percent growth in the real-cost net stock of consumer durable goods. (4) In 1995-2000, nonresidential equipment and software grew at an average annual rate of 5.6 percent, peaking at 7.4 percent in 1999; most of the growth was accounted for by an increase in information and processing equipment and software. Most of the growth in consumer durable goods was accounted for by an increase in motor vehicles.

In 2001-2003, the growth in the real-cost net stock of fixed assets and consumer durable goods slowed to an average annual rate of 1.7 percent, reflecting much slower growth in most categories.

Changes in methodology and presentation NAICS

As part of the annual NIPA revision, the estimates of the net stock of private fixed assets for 1987-2003 have been converted to the 1997 North American Industry Classification System (NAICS). This change reflects the NAICS basis of BEA's capital flow table, which serves as an important source of data for the net stock estimates. (5) This change in classification affects the detailed estimates by industry but not the aggregate measures of the net stock of private fixed assets, and it follows the recent implementation of the 1997 NAICS in BEA's estimates of income and employment by industry. (6)

NAICS adds many new classifications--such as those for information, management, and services. The estimates of investment were converted to a NAICS basis for a sufficiently long period in order to use the perpetual inventory method to convert the estimates of net stock to a NAICS basis. (7)

Sole proprietorships and partnerships

As part of the annual NIPA revision, the estimates by legal form of organization now present estimates for sole proprietorships and estimates for partnerships. As a result of this change, the estimates by legal form of organization provide more detail within the NIPA business sector.

Capital flow table

The capital flow table is an important source for the derivation of the industry distribution of gross private domestic fixed investment by type of asset on a use basis. However, because net stocks are tabulated on an ownership basis, the estimates of capital flows by industry are adjusted in order to convert them from a use basis to an ownership basis. The most significant adjustment was to the capital flows for equipment that are purchased for lease to others under operating leases, such as autos, trucks and truck trailers, computers, communication equipment, construction equipment, and aircraft.

In addition, investment in mining exploration, shafts, and wells was reclassified from the construction industry to the mining industry, and force-account construction was reclassified from the construction industry to the industries that perform the construction. (8) The capital flows of nonprofit institutions that primarily serve individuals now remain in their assigned industries in order to better reflect the net stock of assets of these industries; previously, these flows were reclassified to the real estate industry.

Statistical improvements

The estimates of the net stock of fixed assets and consumer durable goods incorporate statistical improvements. As a result, the annual average growth rate of real-cost net stock of fixed assets and consumer durable goods for 1987-2002 was revised up less than 0.1 percentage point to 2.6 percent.

An updated depreciation schedule for autos. In the recent comprehensive NIPA revision, a new depreciation schedule for autos was introduced to better reflect the extended life of automobiles. (9) As part of the annual revision, this schedule was updated and combined with the old schedule to improve the tracking of depreciation for each vintage of autos. The depreciation rates that are derived from the new schedule lengthened the service life of autos from 11 years to 15 years (see the table below). These rates are average rates that are based on the average age of autos. For autos within the ending vintage, the depreciation rate was interpolated between the two schedules. A corresponding price assumption (based on the average age of autos) was used in the computation of the net stock. Using the combined depreciation schedules, the annual average growth rate of the real-cost net stock of consumer durable goods for 1987-2002 increased 0.4 percentage point to 4.8 percent.

Updated depreciation schedule and depreciation rates for selected assets. The average annual growth rate of the net stock of nonresidential assets for 1987-2002 was revised up less than 0.1 percentage point to 2.6 percent. This revision reflects the use of an updated depreciation schedule for computers and peripheral equipment and updated geometric depreciation rates for communication equipment, for nonresidential commercial structures, for railroad structures, and for nonresidential farm structures.

Presentation of the revised estimates

The revised estimates of fixed assets and consumer durable goods are presented in tables 1-15. All the odd-numbered tables except tables 11 and 15 present current-cost estimates, and all the even-numbered tables except table 12 present real-cost estimates in chain-type quantity indexes. Tables 11 and 12 present both current-cost and real-cost estimates, and table 15 presents the estimates in chained (2000) dollars.

Tables 1 and 2 present estimates of the net stock of fixed assets and consumer durable goods. Tables 3 and 4 present the net stock of private fixed assets by type of asset. Tables 5 and 6 present the net stock of private fixed assets by industry; these tables have been redesigned to reflect the use of the 1997 NAICS. Tables 7 and 8 present the net stock of private nonresidential fixed assets by selected industry group and by legal form of organization. Tables 9 and 10 present the net stock of residential fixed assets by type of owner, by legal form of organization, and by tenure group. Table 11 presents the net stock of government fixed assets by type, and table 12 presents the net stock of government fixed assets by function. Tables 13 and 14 present the net stock of consumer durable goods. Table 15 presents the estimates of the net stock of fixed assets and consumer durable goods.

Data Availability

The estimates of the net stock of fixed assets and consumer durable goods for 1987-2003 are available for free on BEA's Web site at <www.bea.gov>. The net stock of fixed assets and consumer durable goods in chained (2000) dollars for 1990-2003 are also available. The estimates of investment by industry and by type of asset and of depreciation by industry and by type of asset for 1987-2003 will be available on BEA's Web site in early November. The revised estimates of net stocks, depreciation, and investment by industry on the 1987 Standard Industrial Classification system for 1925-86 will be available on BEA's Web site in the fall of 2005.

Table A. Net Stocks of Fixed Assets and Consumer Durable Goods
Average Annual Rates of Change In Selected Periods

[Percent]

 1987-2003 1987-91 1991-2000

 Current cost

Fixed assets and consumer
 durable goods 4.9 3.9 4.9
 Private 5.1 3.8 5.1
 Nonresidential 4.6 4.0 4.7
 Equipment and Software 4.7 4.3 4.9
 Structures 4.6 3.8 4.7
 Residential 5.5 3.5 5.5
 Government 4.5 3.8 4.4
 Federal 2.9 4.0 2.4
 State and local 5.0 3.7 5.1
Consumer durable goods 4.7 5.0 4.3

 Real cost

Fixed assets and consumer
 durable goods 2.6 2.1 2.6
 Private 2.5 1.9 2.6
 Nonresidential 2.6 1.9 2.9
 Equipment and Software 4.2 2.2 5.1
 Structures 1.6 1.7 1.5
 Residential 2.4 1.9 2.3
 Government 1.8 1.8 1.5
 Federal 0.4 1.5 0.0
 State and local 2.4 2.0 2.2
Consumer durable goods 4.9 3.6 4.6

 1995-2000 2001-2003

 Current cost

Fixed assets and consumer
 durable goods 4.8 3.2
 Private 5.1 3.4
 Nonresidential 4.8 2.1
 Equipment and Software 5.0 2.1
 Structures 4.7 2.1
 Residential 5.3 4.6
 Government 4.0 2.8
 Federal 1.7 1.2
 State and local 4.9 3.3
Consumer durable goods 4.1 2.4

 Real cost

Fixed assets and consumer
 durable goods 2.7 1.7
 Private 2.7 1.5
 Nonresidential 3.2 1.0
 Equipment and Software 5.6 1.7
 Structures 1.7 0.6
 Residential 2.3 1.9
 Government 1.4 1.4
 Federal -0.2 0.0
 State and local 2.2 1.9
Consumer durable goods 5.2 4.3

Depreciation Schedule for Automobiles

Age in Depreciation Age in Depreciation Age in Depreciation
years rate (1) years rate (1) years rate (1)

 1959-91 1992-93 1994-2003

 1 0.8208 1 0.8889 1 0.8889
 2 0.5890 2 0.7402 2 0.7402
 3 0.4862 3 0.6024 3 0.6024
 4 0.4063 4 0.4654 4 0.4654
 5 0.3258 5 0.3699 5 0.3699
 6 0.2414 6 0.2930 6 0.2930
 7 0.1811 7 0.2102 7 0.2102
 8 0.1280 8 0.1632 8 0.1632
 9 0.0749 9 0.1279 9 0.1279
 10 0.0363 10 0.1056 10 0.1056
 11 0.0184 11 0.0835 11 0.0835
 11+ 0.0092 12 0.0776 12 0.0776
 13 0.0702 13 0.0702
 14+ 0.0490 14 0.0647
 15+ 0.0467

(1.) The depreciation rate for the year the asset was initially
installed.

NOTE. For 1982-91, these schedules were combined. The last vintage
was interpolated between the schedules.

Table 1. Current-Cost Net Stock of Fixed Assets and Consumer
Durable Goods, 1993-2003

[Billions of dollars; yearend estimates]

 Line 1993 1994 1995

Fixed assets and consumer
 durable goods 1 20,387.1 21,628.5 22,669.5

 Fixed assets 2 18,238.1 19,358.9 20,298.8
 Private 3 14,173.9 15,063.7 15,794.2
 Nonresidential 4 7,169.0 7,558.3 7,954.3
 Equipment and
 software 5 2,754.1 2,906.1 3,086.1
 Structures 6 4,414.9 4,652.2 4,868.2
 Residential 7 7,004.9 7,505.4 7,839.8
 Government 8 4,064.3 4,295.2 4,504.7
 Nonresidential 9 3,894.0 4,113.6 4,316.5
 Equipment and
 software 10 637.0 665.8 674.8
 Structures 11 3,257.0 3,447.7 3,641.7
 Residential 12 170.3 181.7 188.2

 Consumer durable goods 13 2,148.9 2,269.6 2,370.7

Addenda:
 Private and government
 fixed assets 14 18,238.1 19,358.9 20,298.8
 Nonresidential 15 11,063.0 11,671.8 12,270.8
 Equipment and
 software 16 3,391.1 3,571.9 3,760.9
 Structures 17 7,671.9 8,099.9 8,509.9
 Residential 18 7,175.1 7,687.1 8,028.0

 Government fixed assets 19 4,064.3 4,295.2 4,504.7
 Federal 20 1,209.0 1,260.7 1,291.3
 State and local 21 2,855.2 3,034.5 3,213.4

 1996 1997 1998 1999

Fixed assets and consumer
 durable goods 23,765.5 25,013.5 26,415.3 28,108.2

 Fixed assets 21,297.2 22,451.8 23,732.3 25,273.2
 Private 16,615.4 17,550.6 18,631.2 19,874.3
 Nonresidential 8,344.8 8,820.0 9,331.1 9,887.6
 Equipment and
 software 3,249.6 3,413.6 3,611.2 3,864.1
 Structures 5,095.2 5,406.5 5,720.0 6,023.5
 Residential 8,270.6 8,730.6 9,300.1 9,986.7
 Government 4,681.8 4,901.2 5,101.1 5,398.9
 Nonresidential 4,485.4 4,704.3 4,894.2 5,178.9
 Equipment and
 software 674.8 671.4 677.1 698.2
 Structures 3,810.5 4,032.9 4,217.1 4,480.7
 Residential 196.5 196.8 206.9 219.9

 Consumer durable goods 2,468.3 2,561.7 2,682.9 2,835.0

Addenda:
 Private and government
 fixed assets 21,297.2 22,451.8 23,732.3 25,273.2
 Nonresidential 12,830.2 13,524.3 14,225.3 15,066.5
 Equipment and
 software 3,924.5 4,085.0 4,288.3 4,562.3
 Structures 8,905.7 9,439.4 9,937.1 10,504.2
 Residential 8,467.1 8,927.5 5,907.0 10,206.7

 Government fixed assets 4,681.8 4,901.2 5,101.1 5,398.9
 Federal 1,315.5 1,334.7 1,355.8 1,398.9
 State and local 3,366.3 3,566.5 3,754.3 4,000.0

 2000 2001 2002 2003

Fixed assets and consumer
 durable goods 29,955.9 31,643.2 33,098.4 34,771.7

 Fixed assets 26,941.0 28,499.0 29,829.8 31,395.4
 Private 21,228.3 22,519.1 23,581.9 24,902.2
 Nonresidential 10,552.6 11,054.3 11,386.0 11,776.8
 Equipment and
 software 4,130.3 4,251.9 4,350.8 4,528.3
 Structures 6,422.3 6,802.4 7,035.1 7,248.6
 Residential 10,675.7 11,464.8 12,195.9 13,125.4
 Government 5,712.7 5,979.9 6,247.9 6,493.2
 Nonresidential 5,481.0 5,733.2 5,988.9 6,219.5
 Equipment and
 software 703.0 711.3 725.2 742.1
 Structures 4,778.0 5,021.9 5,263.8 5,477.4
 Residential 231.7 246.7 259.0 273.7

 Consumer durable goods 3,014.9 3,144.2 3,268.5 3,376.3

Addenda:
 Private and government
 fixed assets 26,941.0 28,499.0 29,829.8 31,395.4
 Nonresidential 16,033.6 16,787.5 17,374.9 17,996.3
 Equipment and
 software 4,833.3 4,963.2 5,076.0 5,270.4
 Structures 11,200.3 11,824.4 12,298.9 12,726.0
 Residential 10,907.4 11,711.5 12,454.9 13,399.1

 Government fixed assets 5,712.7 5,979.9 6,247.9 6,493.2
 Federal 1,424.6 1,446.8 1,468.8 1,498.4
 State and local 4,288.1 4,533.1 4,779.1 4,994.8

Table 2. Chain-Type Quantity Indexes for Net Stock of Fixed Assets
and Consumer Durable Goods, 1993-2003

[Index numbers, 2000=100]

 Line 1993 1994 1995

Fixed assets and consumer
 durable goods 1 80.998 82.948 85.087

 Fixed assets 2 82.618 84.432 86.449
 Private 3 81.007 82.958 85.131
 Nonresidential 4 78.769 80.554 82.857
 Equipment and
 software 5 66.046 68.837 72.311
 Structures 6 88.096 89.028 90.368
 Residential 7 83.315 85.442 87.474
 Government 8 89.098 90.396 91.824
 Nonresidential 9 88.704 89.991 91.400
 Equipment and
 software 10 96.568 96.908 97.107
 Structures 11 87.291 88.754 90.385
 Residential 12 90.280 91.547 93.081

 Consumer durable goods 13 68.112 70.996 73.985

Addenda:
 Private and government
 fixed assets 14 82.618 84.432 86.449
 Nonresidential 15 82.053 83.678 85.691
 Equipment and
 software 16 70.355 72.812 75.831
 Structures 17 87.751 88.909 90.374
 Residential 18 83.466 85.574 87.595

 Government fixed assets 19 89.098 90.396 91.824
 Federal 20 101.671 101.458 101.315
 State and local 21 84.219 86.041 88.013

 1996 1997 1998 1999

Fixed assets and consumer
 durable goods 87.553 90.243 93.263 96.583

 Fixed assets 88.774 91.274 94.024 96.970
 Private 87.633 90.377 93.432 96.671
 Nonresidential 85.570 88.743 92.292 96.051
 Equipment and
 software 76.404 81.335 87.008 93.419
 Structures 91.980 93.819 95.840 97.782
 Residential 89.750 92.039 94.579 97.288
 Government 93.489 95.081 96.537 98.231
 Nonresidential 93.049 94.639 96.230 98.077
 Equipment and
 software 97.405 97.233 97.749 98.936
 Structures 92.278 94.173 95.951 97.922
 Residential 94.657 95.820 97.321 98.811

 Consumer durable goods 77.473 81.589 86.764 93.202

Addenda:
 Private and government
 fixed assets 88.774 91.274 94.024 96.970
 Nonresidential 88.058 90.711 93.611 96.733
 Equipment and
 software 79.397 83.614 88.560 94.221
 Structures 92.106 93.969 95.887 97.842
 Residential 89.855 92.119 94.637 97.320

 Government fixed assets 93.489 95.081 96.537 98.231
 Federal 101.776 101.348 10.845 100.543
 State and local 90.086 92.634 94.680 97.261

 2000 2001 2002 2003

Fixed assets and consumer
 durable goods 100.000 102.938 105.640 108.265

 Fixed assets 100.000 102.547 104.814 107.201
 Private 100.000 102.687 104.947 107.351
 Nonresidential 100.000 102.691 104.328 105.879
 Equipment and
 software 100.000 103.910 106.498 109.298
 Structures 100.000 101.925 102.984 103.789
 Residential 100.000 102.682 105.537 108.737
 Government 100.000 101.897 104.083 106.311
 Nonresidential 100.000 102.028 104.332 106.668
 Equipment and
 software 100.000 101.169 102.972 105.088
 Structures 100.000 102.180 104.583 106.980
 Residential 100.000 101.431 102.933 104.339

 Consumer durable goods 100.000 106.517 113.404 120.725

Addenda:
 Private and government
 fixed assets 100.000 102.547 104.814 107.201
 Nonresidential 100.000 102.472 104.347 106.177
 Equipment and
 software 100.000 103.510 105.984 108.684
 Structures 100.000 102.033 103.663 105.142
 Residential 100.000 102.656 105.482 108.643

 Government fixed assets 100.000 101.897 104.083 106.311
 Federal 100.000 99.460 99.361 99.540
 State and local 100.000 102.877 105.959 108.984

Table 3. Current-Cost Net Stock of Private Fixed Assets, Equipment
and Software, and Structures by Type, 1993-2003

[Billions of dollars; yearend estimates]

 Line 1993 1994 1995

 Private fixed assets 1 14,173.9 15,063.7 15,794.2

Equipment and software 2 2,787.9 2,941.1 3,121.8

 Nonresidential
 equipment and
 software 3 2,754.1 2,906.1 3,086.1
 Information processing
 equipment and
 software 4 690.5 725.0 762.6
 Computers and
 peripheral
 equipment 5 85.9 90.9 97.2
 Software (1) 6 117.3 127.9 140.7
 Communication
 equipment 7 287.4 293.6 305.4
 Medical equipment
 and instruments 8 49.9 52.3 55.1
 Nonmedical
 instruments 9 78.2 83.0 89.1
 Photocopy and
 related equipment 10 56.2 61.6 59.4
 Office and
 accounting
 equipment 11 15.6 15.6 15.6

 Industrial equipment 12 955.9 1,002.8 1,067.4
 Fabricated metal
 products 13 82.7 85.1 89.7
 Engines and turbines 14 51.9 54.4 54.7
 Metalworking
 machinery 15 178.3 184.9 196.7
 Special industry
 machinery, n.e.c. 16 210.6 220.3 234.6
 General industrial,
 including
 materials
 handling,
 equipment 17 210.1 226.9 247.6
 Electrical
 transmission,
 distribution, and
 industrial
 apparatus 18 222.4 231.1 244.1

 Transportation
 equipment 19 582.0 631.5 680.3
 Trucks, buses, and
 truck trailers 20 188.9 215.3 242.1
 Light trucks
 (including
 utility
 vehicles) 21 123.3 135.9 149.9
 Other trucks,
 buses, and truck
 trailers 22 65.5 79.4 92.2
 Autos 23 115.7 132.3 141.1
 Aircraft 24 161.5 165.5 173.7
 Ships and boats 25 46.7 46.3 46.0
 Railroad equipment 26 69.2 72.1 77.3

 Other equipment 27 525.7 546.8 575.9
 Furniture and
 fixtures 28 149.0 155.4 164.8
 Agricultural
 machinery 29 92.8 84.7 97.3
 Construction
 machinery 30 75.2 77.9 81.7
 Mining and oilfield
 machinery 31 15.9 16.1 16.5
 Service industry
 machinery 32 55.6 59.5 64.6
 Electrical
 equipment, n.e.c. 33 27.6 25.4 24.0
 Other nonresidential
 equipment 34 109.5 117.8 126.9

 Residential equipment 35 33.8 35.0 35.6

Structures 36 11,386.0 12,122.6 12,672.4

 Nonresidential
 structures 37 4,414.9 4,652.2 4,868.2
 Commercial and health
 care 38 1,624.4 1,726.6 1,806.9
 Commercial,
 including office 39 1,347.4 1,428.5 1,494.8
 Office, including
 medical
 buildings (2) 40 646.9 682.8 711.5
 Commercial (3) 41 700.5 745.7 783.3
 Hospitals and
 special care 42 277.0 298.1 312.0

 Manufacturing 43 651.7 688.9 718.3
 Power and
 communication 44 841.4 879.2 920.8
 Power 45 638.1 662.8 685.5
 Electric 46 445.4 459.6 477.9
 Other power 47 192.7 203.1 207.5
 Communication 48 203.4 216.4 235.3

 Mining exploration,
 shafts, and wells 49 245.8 253.4 273.3
 Petroleum and
 natural gas 50 215.6 221.4 240.7
 Mining 51 30.2 32.0 32.5
 Other structures 52 1,051.6 1,104.0 1,149.0
 Religious 53 128.0 135.2 140.0
 Educational 54 113.9 122.5 129.3
 Other buildings (4) 55 289.5 306.2 319.9
 Railroads 56 195.5 198.6 203.4
 Farm 57 202.6 210.3 214.1
 Other (5) 58 122.1 131.0 142.3

 Residential structures 59 6,971.0 7,470.5 7,804.2
 Housing units 60 5,677.1 6,100.1 6,354.0
 Permanent site 61 5,567.0 5,976.7 6,220.1
 1-to-4-unit 62 4,843.4 5,237.9 5,463.3
 5-or-more-unit 63 723.6 738.8 756.8
 Manufactured homes 64 110.1 123.5 133.9
 Improvements 65 1,266.6 1,341.9 1,421.4
 Other residential (6) 66 27.3 28.5 28.8

 1996 1997 1998 1999

 Private fixed assets 16,615.4 17,550.6 18,631.2 19,874.3

Equipment and software 3,286.2 3,450.0 3,648.0 3,901.5

 Nonresidential
 equipment and
 software 3,249.6 3,413.6 3,611.2 3,864.1
 Information processing
 equipment and
 software 813.4 874.6 942.3 1,047.2
 Computers and
 peripheral
 equipment 105.8 114.2 123.2 148.0
 Software (1) 154.7 180.3 212.8 260.2
 Communication
 equipment 328.7 355.3 375.7 405.8
 Medical equipment
 and instruments 57.7 61.2 66.2 70.5
 Nonmedical
 instruments 95.5 99.6 102.9 105.3
 Photocopy and
 related equipment 55.5 48.4 46.6 43.6
 Office and
 accounting
 equipment 15.5 15.6 14.9 13.7

 Industrial equipment 1,112.0 1,150.0 1,192.1 1,230.0
 Fabricated metal
 products 92.0 91.4 91.6 92.0
 Engines and turbines 55.8 56.7 57.7 59.7
 Metalworking
 machinery 203.7 210.7 217.7 222.5
 Special industry
 machinery, n.e.c. 246.0 253.3 262.0 267.8
 General industrial,
 including
 materials
 handling,
 equipment 265.6 282.1 300.9 315.1
 Electrical
 transmission,
 distribution, and
 industrial
 apparatus 249.0 255.7 262.2 272.8

 Transportation
 equipment 722.5 757.1 811.1 889.2
 Trucks, buses, and
 truck trailers 270.1 298.7 341.5 393.1
 Light trucks
 (including
 utility
 vehicles) 172.5 197.2 229.2 268.0
 Other trucks,
 buses, and truck
 trailers 97.6 101.5 112.3 125.1
 Autos 150.1 153.2 154.0 156.9
 Aircraft 177.9 180.1 188.4 208.6
 Ships and boats 46.8 47.2 47.5 48.2
 Railroad equipment 77.6 77.9 79.7 82.4

 Other equipment 601.7 631.9 665.7 697.7
 Furniture and
 fixtures 171.9 181.5 190.7 202.2
 Agricultural
 machinery 98.5 101.4 104.6 103.0
 Construction
 machinery 86.9 92.3 99.5 105.9
 Mining and oilfield
 machinery 16.8 18.7 19.5 21.5
 Service industry
 machinery 69.4 73.2 77.9 82.5
 Electrical
 equipment, n.e.c. 22.4 21.4 21.4 21.2
 Other nonresidential
 equipment 135.8 143.4 152.1 161.5

 Residential equipment 36.6 36.5 36.8 37.4

Structures 13,329.2 14,100.6 14,983.3 15,972.8

 Nonresidential
 structures 5,095.2 5,406.5 5,720.0 6,023.5
 Commercial and health
 care 1,901.5 2,037.1 2,198.6 2,355.7
 Commercial,
 including office 1,573.7 16,885.0 1,827.4 1,959.7
 Office, including
 medical
 buildings (2) 743.8 798.8 867.2 937.2
 Commercial (3) 829.9 889.7 960.2 1,022.4
 Hospitals and
 special care 327.8 348.5 371.2 396.1

 Manufacturing 753.2 793.6 843.0 878.7
 Power and
 communication 946.4 975.8 992.2 1,032.2
 Power 696.2 718.5 730.4 758.6
 Electric 485.1 501.3 507.5 524.9
 Other power 211.1 217.3 222.9 233.7
 Communication 250.2 257.2 261.8 273.6

 Mining exploration,
 shafts, and wells 289.4 329.7 340.5 328.3
 Petroleum and
 natural gas 256.0 295.3 305.3 292.2
 Mining 33.4 34.5 35.3 36.1
 Other structures 1,204.7 1,270.3 1,345.6 1,428.5
 Religious 145.6 153.7 163.3 174.3
 Educational 138.1 150.5 165.1 179.4
 Other buildings (4) 341.1 369.1 402.9 440.2
 Railroads 211.6 213.6 219.4 222.5
 Farm 219.1 226.5 235.5 245.9
 Other (5) 149.3 156.9 159.7 166.1

 Residential structures 8,234.0 8,694.2 9,263.3 9,949.3
 Housing units 6,691.4 7,072.5 7,545.6 8,106.3
 Permanent site 6,547.9 6,920.1 7,382.3 7,931.7
 1-to-4-unit 5,755.8 6,067.0 6,458.0 6,968.2
 5-or-more-unit 792.1 853.1 924.3 963.5
 Manufactured homes 143.4 152.3 163.3 174.6
 Improvements 1,513.2 1,591.3 1,686.0 1,809.3
 Other residential (6) 29.5 30.4 31.7 33.8

 2000 2001 2002 2003

 Private fixed assets 21,228.3 22,519.1 23,581.9 24,902.2

Equipment and software 4,169.2 4,291.7 4,391.9 4,568.7

 Nonresidential
 equipment and
 software 4,130.3 4,251.9 4,350.8 4,528.3
 Information processing
 equipment and
 software 1,172.2 1,223.6 1,265.8 1,333.8
 Computers and
 peripheral
 equipment 162.1 157.8 161.2 178.5
 Software (1) 310.9 333.8 345.1 360.9
 Communication
 equipment 458.5 485.0 501.1 517.5
 Medical equipment
 and instruments 76.4 83.3 91.4 101.6
 Nonmedical
 instruments 108.8 112.2 117.3 124.6
 Photocopy and
 related equipment 43.0 39.7 37.5 36.7
 Office and
 accounting
 equipment 12.7 11.8 12.2 14.1

 Industrial equipment 1,277.3 1,306.3 1,321.2 1,342.7
 Fabricated metal
 products 94.4 99.0 101.8 99.3
 Engines and turbines 62.7 68.9 72.7 715.0
 Metalworking
 machinery 228.5 226.9 225.0 222.5
 Special industry
 machinery, n.e.c. 275.0 275.6 274.4 281.6
 General industrial,
 including
 materials
 handling,
 equipment 331.2 342.8 350.5 363.0
 Electrical
 transmission,
 distribution, and
 industrial
 apparatus 285.5 293.2 296.7 304.8

 Transportation
 equipment 950.2 967.7 987.6 1,047.9
 Trucks, buses, and
 truck trailers 422.1 422.3 439.9 493.9
 Light trucks
 (including
 utility
 vehicles) 292.0 297.4 312.4 366.4
 Other trucks,
 buses, and truck
 trailers 130.1 124.9 127.5 127.6
 Autos 158.9 154.3 146.1 136.4
 Aircraft 235.1 257.4 266.1 277.9
 Ships and boats 49.8 50.5 52.5 54.5
 Railroad equipment 84.3 83.2 83.1 85.1

 Other equipment 730.6 754.3 776.3 803.9
 Furniture and
 fixtures 214.4 221.0 226.5 231.9
 Agricultural
 machinery 102.7 104.0 106.9 111.2
 Construction
 machinery 110.9 112.7 115.4 119.8
 Mining and oilfield
 machinery 23.5 25.9 26.4 28.8
 Service industry
 machinery 86.6 89.6 91.7 93.5
 Electrical
 equipment, n.e.c. 21.3 21.9 22.4 23.2
 Other nonresidential
 equipment 171.3 179.3 186.9 195.6

 Residential equipment 38.8 39.8 40.3 40.4

Structures 17,059.1 18,227.4 19,190.8 20,333.5

 Nonresidential
 structures 6,422.3 6,802.4 7,035.1 7,248.6
 Commercial and health
 care 2,523.1 2,680.7 2,804.8 2,917.9
 Commercial,
 including office 2,100.1 2,232.9 2,336.7 2,425.6
 Office, including
 medical
 buildings (2) 1,004.5 1,067.3 1,112.7 1,152.6
 Commercial (3) 1,095.6 1,165.7 1,224.1 1,273.1
 Hospitals and
 special care 423.0 447.7 468.0 492.3

 Manufacturing 912.2 645.5 954.3 955.0
 Power and
 communication 1,091.0 1,139.7 1,193.0 1,241.2
 Power 797.2 827.4 864.6 895.1
 Electric 555.8 583.5 609.8 629.7
 Other power 241.4 243.9 254.8 265.4
 Communication 293.8 312.3 328.4 346.1

 Mining exploration,
 shafts, and wells 373.8 432.0 422.8 411.9
 Petroleum and
 natural gas 336.4 393.8 364.5 373.1
 Mining 37.3 38.2 38.2 38.8
 Other structures 1,522.1 1,604.6 1,660.3 1,722.6
 Religious 186.5 197.9 206.3 216.1
 Educational 195.6 214.0 230.3 245.7
 Other buildings (4) 479.3 511.3 530.3 551.7
 Railroads 228.1 235.2 238.9 245.0
 Farm 258.0 266.6 271.9 278.4
 Other (5) 174.7 179.7 182.6 185.6

 Residential structures 10,636.8 11,425.0 12,155.6 13,085.0
 Housing units 8,662.5 9,319.6 9,924.6 10,679.1
 Permanent site 8,482.3 9,134.6 9,738.5 10,488.0
 1-to-4-unit 7,472.0 8,074.8 8,624.5 9,319.6
 5-or-more-unit 1,009.9 1,059.7 1,114.0 1,168.4
 Manufactured homes 180.2 185.0 186.1 191.1
 Improvements 1,938.6 2,067.1 2,190.7 2,362.8
 Other residential (6) 35.7 38.3 40.3 43.0

(1.) Excludes software "embedded" or bundled in computers and other
equipment.

(2.) Consists of office buildings, except those constructed at
manufacturing sites and those constructed by power utilities for their
own use. Also includes medical buildings.

(3.) Consists of stores, restaurants, garages, service stations,
warehouses, beauty and trade schools, mobile structures, and other
buildings used for commercial purposes.

(4.) Consists of hotels and motels, buildings used primarily for
social and recreational activities, and buildings not elsewhere
classified, such as passenger terminals, greenhouses, and animal
hospitals.

(5.) Consists primarily of streets, dams and reservoirs, sewer and
water facilities, parks, and airfields.

(6.) Consists primarily of dormitories and of fraternity and
sorority houses.

n.e.c. Not elsewhere classified

Table 4. Chain-Type Quantity Indexes for Net Stock of Private Fixed
Assets, Equipment and Software, and Structures by Type, 1993-2003

[Index numbers, 2000=100]

 Line 1993 1994 1995

 Private fixed assets 1 81.007 82.958 85.131

Equipment and software 2 66.244 69.024 72.481

 Nonresidential
 equipment and
 software 3 66.046 68.837 72.311
 Information processing
 equipment and
 software 4 42.990 46.591 51.302
 Computers and
 peripheral
 equipment 5 11.314 13.774 18.423
 Software (1) 6 37.522 41.644 45.828
 Communication
 equipment 7 50.332 53.340 57.526
 Medical equipment
 and instruments 8 62.890 65.848 68.568
 Nonmedical
 instruments 9 79.194 82.945 87.485
 Photocopy and
 related equipment 10 73.968 79.023 81.532
 Office and
 accounting
 equipment 11 121.405 120.476 120.167

 Industrial equipment 12 82.186 84.009 86.561
 Fabricated metal
 products 13 95.301 95.523 96.073
 Engines and turbines 14 94.728 94.987 94.003
 Metalworking
 machinery 15 86.050 86.886 89.037
 Special industry
 machinery, n.e.c. 16 85.148 86.523 89.139
 General industrial,
 including
 materials
 handling,
 equipment 17 69.862 73.780 78.377
 Electrical
 transmission,
 distribution, and
 industrial
 apparatus 18 83.336 84.824 86.723

 Transportation
 equipment 19 67.173 70.692 74.084
 Trucks, buses, and
 truck trailers 20 46.973 51.864 57.495
 Light trucks
 (including
 utility
 vehicles) 21 43.189 46.484 50.636
 Other trucks,
 buses, and truck
 trailers 22 55.593 64.260 73.348
 Autos 23 75.417 83.743 88.070
 Aircraft 24 83.122 82.457 82.836
 Ships and boats 25 108.030 105.396 102.756
 Railroad equipment 26 90.075 90.486 91.340

 Other equipment 27 79.818 80.973 83.020
 Furniture and
 fixtures 28 78.013 78.658 80.737
 Agricultural
 machinery 29 99.575 99.382 99.403
 Construction
 machinery 30 77.235 77.848 79.715
 Mining and oilfield
 machinery 31 78.226 77.047 76.355
 Service industry
 machinery 32 71.359 74.726 78.907
 Electrical
 equipment, n.e.c. 33 123.786 113.670 106.473
 Other nonresidential
 equipment 34 70.334 74.065 77.987

 Residential equipment 35 87.457 89.071 90.630

Structures 36 85.102 86.783 88.557

 Nonresidential
 structures 37 88.096 89.028 90.368
 Commercial and health
 care 38 83.313 84.683 86.527
 Commercial,
 including office 39 83.081 84.230 86.056
 Office, including
 medical
 buildings (2) 40 83.975 84.774 86.250
 Commercial (3) 41 82.278 83.744 85.887
 Hospitals and
 special care 42 84.480 86.942 88.879

 Manufacturing 43 91.229 92.240 93.920
 Power and
 communication 44 91.575 92.138 93.271
 Power 45 95.521 95.599 96.364
 Electric 46 95.559 95.376 95.898
 Other power 47 95.427 96.102 97.430
 Communication 48 81.220 83.075 85.171

 Mining exploration,
 shafts, and wells 49 105.762 104.889 103.054
 Petroleum and
 natural gas 50 106.019 104.847 102.849
 Mining 51 104.413 105.624 104.966
 Other structures 52 87.579 88.377 89.483
 Religious 53 88.573 89.439 90.478
 Educational 54 74.734 76.834 79.216
 Other buildings (4) 55 77.781 78.738 80.328
 Railroads 56 101.691 101.067 100.498
 Farm 57 101.310 100.714 99.964
 Other (5) 58 88.312 91.160 94.584

 Residential structures 59 83.248 85.389 87.432
 Housing units 60 83.941 85.937 87.834
 Permanent site 61 84.140 86.119 87.980
 1-to-4-unit 62 82.788 85.048 87.066
 5-or-more-unit 63 94.406 94.206 94.827
 Manufactured homes 64 75.248 77.976 81.440
 Improvements 65 80.215 82.981 85.665
 Other residential (6) 66 97.722 96.623 96.055

 1996 1997 1998 1999

 Private fixed assets 87.633 90.377 93.432 96.671

Equipment and software 76.548 81.441 87.076 93.452

 Nonresidential
 equipment and
 software 76.404 81.335 87.008 93.419
 Information processing
 equipment and
 software 57.436 65.520 75.105 86.713
 Computers and
 peripheral
 equipment 25.658 36.902 53.115 75.981
 Software (1) 51.598 61.513 72.498 86.352
 Communication
 equipment 62.742 69.067 76.576 86.055
 Medical equipment
 and instruments 72.696 77.970 84.814 91.924
 Nonmedical
 instruments 91.890 94.151 96.241 97.959
 Photocopy and
 related equipment 84.719 88.171 94.546 97.434
 Office and
 accounting
 equipment 120.764 120.711 116.926 106.710

 Industrial equipment 89.232 91.819 94.482 96.921
 Fabricated metal
 products 97.336 96.945 97.277 98.402
 Engines and turbines 94.066 93.545 94.039 95.911
 Metalworking
 machinery 91.130 93.827 96.284 98.108
 Special industry
 machinery, n.e.c. 91.804 94.040 95.864 97.425
 General industrial,
 including
 materials
 handling,
 equipment 82.939 87.434 92.228 95.955
 Electrical
 transmission,
 distribution, and
 industrial
 apparatus 88.736 91.023 93.483 96.339

 Transportation
 equipment 77.943 82.300 87.709 94.860
 Trucks, buses, and
 truck trailers 64.409 72.336 81.863 92.691
 Light trucks
 (including
 utility
 vehicles) 58.369 68.466 79.160 91.080
 Other trucks,
 buses, and truck
 trailers 78.290 81.121 87.973 96.324
 Autos 92.439 95.205 96.254 98.777
 Aircraft 82.631 83.549 86.990 93.920
 Ships and boats 101.263 100.578 100.107 99.604
 Railroad equipment 92.071 93.499 95.582 98.221

 Other equipment 85.380 88.830 92.917 96.410
 Furniture and
 fixtures 82.816 86.359 90.736 95.329
 Agricultural
 machinery 99.288 101.328 103.496 101.013
 Construction
 machinery 83.013 86.867 91.861 96.175
 Mining and oilfield
 machinery 76.501 83.133 86.239 93.943
 Service industry
 machinery 83.301 86.708 91.283 95.967
 Electrical
 equipment, n.e.c. 100.237 97.043 97.643 98.102
 Other nonresidential
 equipment 82.048 86.453 91.093 95.499

 Residential equipment 91.873 92.788 94.327 96.962

Structures 90.586 92.709 95.055 97.475

 Nonresidential
 structures 91.980 93.819 95.800 97.782
 Commercial and health
 care 88.694 91.277 94.049 96.880
 Commercial,
 including office 88.259 90.886 93.752 96.704
 Office, including
 medical
 buildings (2) 87.928 90.325 93.238 96.365
 Commercial (3) 88.567 91.401 94.225 97.015
 Hospitals and
 special care 90.865 93.232 95.529 97.759

 Manufacturing 95.792 97.412 99.110 99.676
 Power and
 communication 94.306 95.076 96.232 97.875
 Power 96.968 97.175 97.942 98.622
 Electric 96.533 96.854 97.293 98.065
 Other power 97.959 97.902 99.432 99.901
 Communication 87.299 89.495 91.660 95.853

 Mining exploration,
 shafts, and wells 101.707 101.531 100.789 99.515
 Petroleum and
 natural gas 101.343 101.201 100.547 99.342
 Mining 104.852 104.409 102.867 101.000
 Other structures 91.100 93.122 95.405 97.665
 Religious 91.566 93.288 95.328 97.598
 Educational 82.306 86.462 90.954 95.077
 Other buildings (4) 83.335 87.060 91.391 95.887
 Railroads 100.301 100.346 100.665 100.447
 Farm 99.575 99.334 99.353 99.533
 Other (5) 96.793 98.193 98.695 99.106

 Residential structures 89.721 92.022 94.573 97.266
 Housing units 90.000 92.178 94.674 97.344
 Permanent site 90.102 92.236 94.684 97.325
 1-to-4-unit 89.354 91.639 94.280 97.119
 5-or-more-unit 95.649 96.627 97.646 98.849
 Manufactured homes 85.481 89.603 94.244 98.219
 Improvements 88.487 91.328 94.121 97.025
 Other residential (6) 95.744 96.072 96.840 98.405

 2000 2001 2002 2003

 Private fixed assets 100.000 102.687 104.947 107.351

Equipment and software 100.000 103.898 106.486 109.297

 Nonresidential
 equipment and
 software 100.000 103.910 106.498 109.298
 Information processing
 equipment and
 software 100.000 108.532 115.240 124.099
 Computers and
 peripheral
 equipment 100.000 117.076 134.824 164.159
 Software (1) 100.000 107.026 110.948 116.687
 Communication
 equipment 100.000 110.052 116.714 123.261
 Medical equipment
 and instruments 100.000 108.394 118.098 130.526
 Nonmedical
 instruments 100.000 102.245 105.636 110.909
 Photocopy and
 related equipment 100.000 94.174 92.220 91.691
 Office and
 accounting
 equipment 100.000 94.126 97.736 112.579

 Industrial equipment 100.000 101.755 102.722 103.337
 Fabricated metal
 products 100.000 101.049 102.130 98.662
 Engines and turbines 100.000 109.369 116.797 116.845
 Metalworking
 machinery 100.000 99.774 98.673 96.546
 Special industry
 machinery, n.e.c. 100.000 100.202 99.454 100.061
 General industrial,
 including
 materials
 handling,
 equipment 100.000 102.308 103.708 105.856
 Electrical
 transmission,
 distribution, and
 industrial
 apparatus 100.000 102.749 105.061 107.633

 Transportation
 equipment 100.000 102.508 103.068 102.416
 Trucks, buses, and
 truck trailers 100.000 103.440 105.653 106.896
 Light trucks
 (including
 utility
 vehicles) 100.000 106.106 110.344 112.725
 Other trucks,
 buses, and truck
 trailers 100.000 97.529 95.382 94.066
 Autos 100.000 97.657 93.923 89.193
 Aircraft 100.000 105.842 106.896 105.612
 Ships and boats 100.000 99.364 99.739 100.560
 Railroad equipment 100.000 99.324 98.534 97.097

 Other equipment 100.000 102.225 104.033 106.397
 Furniture and
 fixtures 100.000 102.192 103.286 104.557
 Agricultural
 machinery 100.000 99.792 101.200 103.048
 Construction
 machinery 100.000 100.695 101.687 103.619
 Mining and oilfield
 machinery 100.000 107.693 108.454 115.031
 Service industry
 machinery 100.000 102.400 104.167 105.583
 Electrical
 equipment, n.e.c. 100.000 102.907 105.604 108.465
 Other nonresidential
 equipment 100.000 103.791 107.325 111.491

 Residential equipment 100.000 102.629 105.288 109.197

Structures 100.000 102.398 104.582 106.895

 Nonresidential
 structures 100.000 101.925 102.984 103.789
 Commercial and health
 care 100.000 102.660 104.460 105.918
 Commercial,
 including office 100.000 102.787 104.458 105.707
 Office, including
 medical
 buildings (2) 100.000 103.077 104.547 105.421
 Commercial (3) 100.000 102.522 104.376 105.964
 Hospitals and
 special care 100.000 102.033 104.470 106.972

 Manufacturing 100.000 99.945 98.475 96.803
 Power and
 communication 100.000 102.099 104.174 105.314
 Power 100.000 101.437 103.014 104.064
 Electric 100.000 101.989 104.073 105.374
 Other power 100.000 100.156 100.550 101.021
 Communication 100.000 103.895 107.329 108.715

 Mining exploration,
 shafts, and wells 100.000 101.813 100.310 100.261
 Petroleum and
 natural gas 100.006 102.138 100.684 100.753
 Mining 100.000 98.733 96.742 95.586
 Other structures 100.000 101.797 103.107 104.288
 Religious 100.000 102.359 104.510 106.583
 Educational 100.000 105.233 110.262 115.060
 Other buildings (4) 100.000 102.981 104.602 105.946
 Railroads 100.000 99.587 99.309 99.017
 Farm 100.000 99.597 99.516 99.182
 Other (5) 100.000 100.225 99.704 99.544

 Residential structures 100.000 102.685 105.545 108.746
 Housing units 100.000 102.622 105.404 108.567
 Permanent site 100.000 102.667 105.508 108.753
 1-to-4-unit 100.000 102.859 105.901 109.392
 5-or-more-unit 100.000 101.238 102.576 103.962
 Manufactured homes 100.000 100.444 100.373 99.480
 Improvements 100.000 102.971 106.180 109.556
 Other residential (6) 100.000 101.911 103.595 105.654

(1.) Excludes software "embedded" or bundled in computers and other
equipment.

(2.) Consists of office buildings, except those constructed at
manufacturing sites and those constructed by power utilities for their
own use. Also includes medical buildings.

(3.) Consists of stores, restaurants, garages, service stations,
warehouses, beauty and trade schools, mobile structures, and other
buildings used for commercial purposes.

(4.) Consists of hotels and motels, buildings used primarily for
social and recreational activities, and buildings not elsewhere
classified, such as passenger terminals, greenhouses, and animal
hospitals.

(5.) Consists primarily of streets, dams and reservoirs, sewer and
water facilities, parks, and airfields.

(6.) Consists primarily of dormitories and of fraternity and
sorority houses.

n.e.c. Not elsewhere classified

Table 5. Current-Cost Net Stock of Private Fixed Assets by
Industry, 1993-2003

[Billions of dollars; yearend estimates]

 Line 1993 1994 1995

 Private fixed assets 1 14,173.9 15,063.7 15,794.2

Agriculture, forestry,
 fishing, and hunting 2 352.0 363.8 372.6
 Farms (1) 3 329.2 339.3 346.9
 Forestry, fishing, and
 related activities 4 22.8 24.4 25.8

Mining 5 486.9 506.0 536.3
 Oil and gas extraction 6 378.9 392.1 416.3
 Mining, except oil and
 gas 7 78.7 83.9 88.3
 Support activities for
 mining 8 29.3 30.0 31.7

Utilities 9 822.3 852.5 884.7

Construction 10 92.5 101.0 111.1

Manufacturing 11 1,053.3 1,111.8 1,182.9
 Durable goods 12 540.9 572.6 615.0
 Wood products 13 20.8 22.2 23.7
 Nonmetallic mineral
 products 14 45.5 46.7 47.9
 Primary metals 15 119.7 122.7 125.1
 Fabricated metal
 products 16 82.4 86.1 91.0
 Machinery 17 39.2 43.1 48.5
 Computer and
 electronic products 18 77.2 86.4 100.6
 Electrical equipment,
 appliances, and
 components 19 53.0 54.4 55.9
 Motor vehicles, bodies
 and trailers, and
 parts 20 44.1 45.9 53.3
 Other transportation
 equipment 21 28.1 29.7 31.5
 Furniture and related
 products 22 5.4 6.0 6.7
 Miscellaneous
 manufacturing 23 28.5 29.5 30.7

 Nondurable goods 24 512.3 539.1 567.9
 Food and beverage and
 tobacco products 25 145.3 151.8 158.1
 Textile mills and
 textile product
 mills 26 36.1 38.0 39.3
 Apparel and leather
 and allied products 27 7.9 8.6 9.3
 Paper products 28 84.4 87.2 90.2
 Printing and related
 support activities 29 27.8 28.7 29.6
 Petroleum and coal
 products 30 502.0 53.0 56.5
 Chemical products 31 122.6 130.7 140.1
 Plastics and rubber
 products 32 38.0 41.0 44.8

Wholesale trade 33 569.3 598.2 615.1

Retail trade 34 267.0 291.7 317.1

Transportation and
 warehousing 35 529.6 550.3 574.3
 Air transportation 36 79.8 83.9 92.5
 Railroad transportation 37 213.7 217.3 222.4
 Water transportation 36 51.3 50.3 48.7
 Truck transportation1 39 45.3 51.4 57.1
 Transit and ground
 passenger
 transportation 40 25.6 25.6 25.5
 Pipeline transportation 41 61.0 65.0 67.2
 Other transportation and
 support activities (2) 42 45.5 48.4 51.8
 Warehousing and storage 43 7.4 8.3 9.1

Information 44 530.1 560.6 597.2
 Publishing industries
 (includes software) 45 37.2 38.3 39.0
 Motion picture and sound
 recording industries 46 33.3 36.5 38.9
 Broadcasting and
 telecommunications 47 453.1 479.0 511.9
 Information and data
 processing services 48 6.4 6.7 7.3

Finance and insurance 49 516.3 550.3 582.1
 Federal Reserve banks 50 0.8 1.1 1.8
 Credit intermediation
 and related activities 51 326.5 342.2 355.5
 Securities, commodity
 contracts, and
 investments 52 34.5 36.4 38.5
 Insurance carriers and
 related activities 53 95.5 106.1 116.8
 Funds, trusts, and other
 financial vehicles 54 59.1 64.5 69.5

Real estate and rental and
 leasing 55 7,559.2 8,097.7 8,468.9
 Real estate (3) 56 7,429.7 7,952.9 8,305.7
 Rental and leasing
 services and lessors
 of intangible
 assets (4) 57 129.5 144.9 163.2

Professional, scientific,
 and technical services 58 89.5 94.2 100.7
 Legal services 59 13.9 14.2 14.4
 Computer systems design
 and related services 60 17.2 17.8 19.3
 Miscellaneous
 professional,
 scientific, and
 technical services (5) 61 58.4 62.1 66.9

Management of companies
 and enterprises (6) 62 194.7 203.7 212.2

Administrative and waste
 management services 63 76.8 83.0 90.6
 Administrative and
 support services 64 26.3 29.2 33.4
 Waste management and
 remediation services 65 50.5 53.9 57.2

Educational services 66 126.6 135.3 142.3

Health care and social
 assistance 67 434.0 460.1 476.2
 Ambulatory health care
 services 68 153.3 159.9 162.0
 Hospitals 69 223.6 238.4 248.8
 Nursing and residential
 care facilities 70 42.2 46.0 48.8
 Social assistance 71 14.9 15.8 16.6

Arts, entertainment, and
 recreaton 72 42.3 47.0 51.9
 Performing arts,
 spectator sports,
 museums, and related
 activities 73 20.9 22.8 24.7
 Amusements, gambling,
 and recreation
 industries 74 21.4 24.2 27.2

Accommodation and food
 services 75 188.8 200.9 213.1
 Accommodation 76 117.9 123.7 129.2
 Food services and
 drinking places 77 70.9 77.1 83.9

Other services, except
 government 78 243.0 255.8 265.0

 1996 1997 1998 1999

 Private fixed assets 16,615.4 17,550.6 18,631.2 19,874.3

Agriculture, forestry,
 fishing, and hunting 383.3 401.6 420.1 434.6
 Farms (1) 355.4 372.8 390.0 403.2
 Forestry, fishing, and
 related activities 27.8 28.8 30.1 31.4

Mining 558.4 605.6 625.0 617.9
 Oil and gas extraction 434.1 476.1 492.5 483.7
 Mining, except oil and
 gas 91.8 94.6 96.2 97.3
 Support activities for
 mining 32.5 34.9 36.3 36.9

Utilities 901.4 928.2 943.9 979.1

Construction 123.6 134.5 148.7 165.1

Manufacturing 1,257.3 1,333.5 1,412.8 1,475.9
 Durable goods 663.7 717.7 772.7 816.3
 Wood products 25.2 25.8 26.6 27.3
 Nonmetallic mineral
 products 49.1 50.7 52.7 54.4
 Primary metals 126.0 126.0 126.6 126.1
 Fabricated metal
 products 94.2 97.2 100.9 103.7
 Machinery 56.4 69.3 81.5 92.3
 Computer and
 electronic products 121.7 142.2 161.1 176.5
 Electrical equipment,
 appliances, and
 components 56.5 55.1 54.0 52.8
 Motor vehicles, bodies
 and trailers, and
 parts 60.5 69.0 77.4 83.1
 Other transportation
 equipment 34.4 40.5 47.1 52.7
 Furniture and related
 products 7.6 8.7 9.9 11.1
 Miscellaneous
 manufacturing 32.1 33.3 34.9 36.3

 Nondurable goods 593.6 615.8 640.1 659.6
 Food and beverage and
 tobacco products 162.1 165.6 170.0 174.3
 Textile mills and
 textile product
 mills 39.9 40.5 41.1 41.1
 Apparel and leather
 and allied products 9.8 10.4 11.0 11.6
 Paper products 92.5 93.7 95.4 94.8
 Printing and related
 support activities 30.3 32.0 33.7 35.6
 Petroleum and coal
 products 59.2 60.1 61.5 62.1
 Chemical products 151.5 161.9 172.3 181.5
 Plastics and rubber
 products 48.3 51.5 55.1 58.5

Wholesale trade 620.1 617.5 618.3 625.1

Retail trade 346.8 378.5 417.3 452.6

Transportation and
 warehousing 597.2 619.0 648.3 675.3
 Air transportation 102.3 113.8 129.5 143.4
 Railroad transportation 229.4 230.2 235.1 237.6
 Water transportation 48.3 48.4 47.6 47.0
 Truck transportation1 58.3 61.6 64.0 65.6
 Transit and ground
 passenger
 transportation 26.0 25.5 26.0 27.3
 Pipeline transportation 69.9 73.6 76.4 81.4
 Other transportation and
 support activities (2) 53.2 55.1 58.1 60.6
 Warehousing and storage 9.7 10.8 11.6 12.4

Information 633.7 667.9 701.8 755.0
 Publishing industries
 (includes software) 39.5 41.2 43.9 48.0
 Motion picture and sound
 recording industries 40.0 40.8 42.3 43.2
 Broadcasting and
 telecommunications 546.1 576.5 604.1 648.6
 Information and data
 processing services 8.0 9.4 11.6 15.1

Finance and insurance 620.9 669.6 733.3 805.6
 Federal Reserve banks 2.8 4.0 5.6 8.2
 Credit intermediation
 and related activities 380.3 408.3 443.5 484.8
 Securities, commodity
 contracts, and
 investments 41.5 46.5 53.8 62.4
 Insurance carriers and
 related activities 121.8 129.1 139.5 151.6
 Funds, trusts, and other
 financial vehicles 74.5 81.6 90.9 98.6

Real estate and rental and
 leasing 8,940.8 9,451.6 10,084.4 10,855.0
 Real estate (3) 8,758.2 9,243.8 9,848.0 10,568.7
 Rental and leasing
 services and lessors
 of intangible
 assets (4) 182.7 207.8 236.4 286.3

Professional, scientific,
 and technical services 108.5 122.7 139.7 167.4
 Legal services 14.7 15.3 16.2 17.2
 Computer systems design
 and related services 21.1 25.0 30.8 40.6
 Miscellaneous
 professional,
 scientific, and
 technical services (5) 72.7 82.4 92.7 109.6

Management of companies
 and enterprises (6) 221.9 234.0 249.6 265.3

Administrative and waste
 management services 96.8 105.2 115.2 128.8
 Administrative and
 support services 37.8 43.9 52.2 62.9
 Waste management and
 remediation services 59.0 61.3 63.0 65.9

Educational services 151.1 164.2 179.6 194.7

Health care and social
 assistance 491.8 516.1 547.2 580.4
 Ambulatory health care
 services 161.9 161.4 164.4 167.7
 Hospitals 260.6 278.9 299.7 321.8
 Nursing and residential
 care facilities 51.8 56.4 61.8 67.5
 Social assistance 17.5 19.3 21.4 23.5

Arts, entertainment, and
 recreaton 57.6 65.5 73.9 86.8
 Performing arts,
 spectator sports,
 museums, and related
 activities 26.6 29.1 31.8 36.0
 Amusements, gambling,
 and recreation
 industries 31.0 36.4 42.1 50.8

Accommodation and food
 services 230.3 247.3 265.4 284.0
 Accommodation 139.0 149.0 158.5 169.1
 Food services and
 drinking places 91.3 98.3 106.9 114.9

Other services, except
 government 274.0 288.3 306.9 325.6

 2000 2001 2002 2003

 Private fixed assets 21,228.3 22,519.1 23,581.9 24,902.2

Agriculture, forestry,
 fishing, and hunting 452.1 468.2 480.9 498.7
 Farms (1) 419.4 434.6 446.5 463.4
 Forestry, fishing, and
 related activities 32.7 33.6 34.4 35.3

Mining 667.9 730.5 722.2 713.4
 Oil and gas extraction 529.5 588.0 579.7 569.1
 Mining, except oil and
 gas 99.3 100.6 100.5 101.4
 Support activities for
 mining 39.1 41.9 42.0 42.9

Utilities 1,035.3 1,086.6 1,135.4 1,174.3

Construction 175.8 179.9 184.6 191.9

Manufacturing 1,538.1 1,581.5 1,600.0 1,626.7
 Durable goods 862.8 894.3 910.4 930.0
 Wood products 27.9 28.2 28.1 28.3
 Nonmetallic mineral
 products 56.5 57.9 58.6 59.6
 Primary metals 125.8 124.8 122.9 121.4
 Fabricated metal
 products 106.8 108.2 108.7 109.3
 Machinery 102.4 109.7 114.8 120.2
 Computer and
 electronic products 197.5 213.8 223.8 235.1
 Electrical equipment,
 appliances, and
 components 53.1 53.1 52.6 52.3
 Motor vehicles, bodies
 and trailers, and
 parts 87.4 89.7 90.5 91.5
 Other transportation
 equipment 55.6 57.5 58.4 59.4
 Furniture and related
 products 12.1 12.7 13.1 13.6
 Miscellaneous
 manufacturing 37.7 38.6 39.0 39.4

 Nondurable goods 675.4 687.2 689.6 696.7
 Food and beverage and
 tobacco products 177.2 179.3 179.2 179.9
 Textile mills and
 textile product
 mills 40.6 39.9 38.9 38.5
 Apparel and leather
 and allied products 12.1 12.4 12.5 12.8
 Paper products 95.0 94.4 92.9 92.6
 Printing and related
 support activities 37.0 37.8 38.1 39.0
 Petroleum and coal
 products 63.4 66.0 67.3 68.9
 Chemical products 189.0 195.2 197.9 201.5
 Plastics and rubber
 products 61.1 62.4 62.7 63.6

Wholesale trade 636.2 637.0 638.6 649.3

Retail trade 495.8 531.7 562.3 590.5

Transportation and
 warehousing 708.9 735.8 756.4 782.7
 Air transportation 161.5 179.6 190.9 202.7
 Railroad transportation 241.7 247.0 249.4 254.7
 Water transportation 46.6 45.9 45.9 46.1
 Truck transportation1 67.0 64.8 64.3 65.3
 Transit and ground
 passenger
 transportation 28.5 28.9 29.4 29.9
 Pipeline transportation 85.7 88.4 92.1 95.5
 Other transportation and
 support activities (2) 64.4 66.9 69.2 72.6
 Warehousing and storage 13.6 14.4 15.1 15.8

Information 840.3 889.9 924.5 962.6
 Publishing industries
 (includes software) 51.6 53.9 55.1 56.5
 Motion picture and sound
 recording industries 43.9 44.2 44.1 44.2
 Broadcasting and
 telecommunications 726.3 771.2 803.1 938.3
 Information and data
 processing services 18.4 20.6 22.1 23.6

Finance and insurance 865.6 903.5 932.6 974.5
 Federal Reserve banks 9.6 10.5 11.3 12.4
 Credit intermediation
 and related activities 515.7 532.9 545.1 568.5
 Securities, commodity
 contracts, and
 investments 72.8 77.7 84.1 90.8
 Insurance carriers and
 related activities 161.8 169.4 173.8 179.5
 Funds, trusts, and other
 financial vehicles 105.7 113.0 118.2 123.2

Real estate and rental and
 leasing 11,620.1 12,449.3 13,217.2 14,199.4
 Real estate (3) 11,287.7 12,094.6 12,841.6 13,784.4
 Rental and leasing
 services and lessors
 of intangible
 assets (4) 332.3 354.7 375.5 415.0

Professional, scientific,
 and technical services 193.4 210.0 221.4 234.5
 Legal services 18.0 18.4 18.8 19.3
 Computer systems design
 and related services 49.7 54.8 58.4 62.5
 Miscellaneous
 professional,
 scientific, and
 technical services (5) 125.7 136.7 144.2 152.6

Management of companies
 and enterprises (6) 277.9 287.7 294.3 300.7

Administrative and waste
 management services 1,427.0 152.4 159.9 167.1
 Administrative and
 support services 73.7 81.3 87.4 93.7
 Waste management and
 remediation services 69.1 71.1 72.4 73.5

Educational services 211.8 230.5 246.8 262.6

Health care and social
 assistance 616.0 649.9 679.3 714.6
 Ambulatory health care
 services 171.1 174.7 177.8 182.2
 Hospitals 346.2 368.9 388.8 412.7
 Nursing and residential
 care facilities 73.3 78.8 63.6 89.0
 Social assistance 25.4 27.5 29.1 30.7

Arts, entertainment, and
 recreaton 103.4 115.7 124.9 134.1
 Performing arts,
 spectator sports,
 museums, and related
 activities 41.8 45.9 49.0 52.0
 Amusements, gambling,
 and recreation
 industries 61.7 69.8 75.9 82.1

Accommodation and food
 services 301.6 316.2 325.2 334.4
 Accommodation 177.2 184.0 186.8 190.6
 Food services and
 drinking places 124.3 132.2 138.3 143.8

Other services, except
 government 345.4 362.8 3,755.0 390.2

(1.) NAICS crop and animal production.

(2.) Consists of scenic and sightseeing transportation; transportation
support activities; and couriers and messengers.

(3.) Fixed assets of nonprofit institutons serving households are
included in the real estate industry.

(4.) Intangible assets include patents, trademarks, and franchise
agreements, but not copyrights.

(5.) Consists of accounting, tax preparation, bookkeeping, and
payroll services; architectural, engineering, and related services;
specialized design services; management, scientific, and technical
consulting services; scientific research and development services;
advertising and related services; and other professional,
scientific, and technical services.

(6.) Consists of bank and other holding companies.

NOTE. Estimates in this table are based on the 1997 North American
Industry Classification System (NAICS).

Table 6. Chain-Type Quantity Indexes for Net Stock of Private
Fixed Assets by Industry, 1993-2003

[Index numbers, 2000=100]

 Line 1993 1994 1995

 Private fixed assets 1 81.007 82.958 85.131

Agriculture, forestry,
 fishing, and hunting 2 94.350 94.194 94.152
 Farms (1) 3 95.034 94.652 94.424
 Forestry, fishing, and
 related activities 4 85.489 88.274 90.640

Mining 5 102.542 102.575 102.496
 Oil and gas extraction 6 104.810 104.316 103.547
 Mining, except oil and
 gas 7 96.473 98.969 101.571
 Support activities for
 mining 8 91.291 90.992 92.043

Utilities 9 92.187 92.473 93.469

Construction 10 57.289 60.932 65.825

Manufacturing 11 77.711 79.621 82.650
 Durable goods 12 70.790 72.790 76.270
 Wood products 13 86.280 88.922 92.918
 Nonmetallic mineral
 products 14 93.564 92.895 92.837
 Primary metals 15 109.353 108.751 107.798
 Fabricated metal
 products 16 87.327 88.535 90.966
 Machinery 17 42.116 45.098 49.713
 Computer and
 electronic products 18 43.358 47.247 53.982
 Electrical equipment,
 appliances, and
 components 19 112.798 112.766 113.214
 Motor vehicles, bodies
 and trailers, and
 parts 20 52.304 56.855 64.301
 Other transportation
 equipment 21 56.996 58.470 60.627
 Furniture and related
 products 22 50.841 54.342 59.746
 Miscellaneous
 manufacturing 23 86.299 86.692 88.192

 Nondurable goods 24 86.595 88.389 90.834
 Food and beverage and
 tobacco products 25 95.055 96.199 97.729
 Textile mills and
 textile product
 mills 26 102.530 104.548 105.202
 Apparel and leather
 and allied products 27 75.753 79.373 84.103
 Paper products 28 100.576 100.925 101.539
 Printing and related
 support activities 29 83.147 83.641 84.072
 Petroleum and coal
 products 30 90.192 92.487 96.055
 Chemical products 31 73.462 76.040 79.823
 Plastics and rubber
 products 32 71.047 74.298 78.877

Wholesale trade 33 98.823 101.215 102.783

Retail trade 34 64.671 68.094 72.613

Transportation and
 warehousing 35 83.199 84.618 86.622
 Air transportation 36 52.381 54.211 58.818
 Railroad transportation 37 103.332 102.775 102.059
 Water transportation 36 110.291 108.566 105.408
 Truck transportation1 39 72.356 79.593 87.266
 Transit and ground
 passenger
 transportation 40 94.266 93.888 92.811
 Pipeline transportation 41 83.468 85.461 87.540
 Other transportation and
 support activities (2) 42 78.247 81.056 84.296
 Warehousing and storage 43 62.571 67.950 73.786

Information 44 65.988 68.629 71.694
 Publishing industries
 (includes software) 45 78.267 78.687 79.155
 Motion picture and sound
 recording industries 46 88.455 93.842 98.697
 Broadcasting and
 telecommunications 47 64.705 67.364 70.492
 Information and data
 processing services 48 32.736 34.572 38.057

Finance and insurance 49 66.010 68.418 71.289
 Federal Reserve banks 50 7.151 10.009 17.027
 Credit intermediation
 and related activities 51 68.173 69.667 71.247
 Securities, commodity
 contracts, and
 investments 52 49.352 51.045 53.878
 Insurance carriers and
 related activities 53 67.011 72.288 78.455
 Funds, trusts, and other
 financial vehicles 54 71.370 74.578 78.635

Real estate and rental and
 leasing 55 82.100 84.222 86.329
 Real estate (3) 56 83.609 85.658 87.662
 Rental and leasing
 services and lessors
 of intangible
 assets (4) 57 37.201 41.064 45.763

Professional, scientific,
 and technical services 58 44.187 46.177 49.646
 Legal services 59 76.937 77.238 78.419
 Computer systems design
 and related services 60 27.811 29.473 32.989
 Miscellaneous
 professional,
 scientific, and
 technical services (5) 61 46.417 48.764 52.488

Management of companies
 and enterprises (6) 62 83.722 84.548 86.223

Administrative and waste
 management services 63 60.352 63.403 67.576
 Administrative and
 support services 64 35.222 38.595 44.142
 Waste management and
 remediation services 65 89.895 92.346 94.592

Educational services 66 74.177 76.171 78.476

Health care and social
 assistance 67 83.799 85.968 87.522
 Ambulatory health care
 services 68 101.134 102.922 103.147
 Hospitals 69 78.326 80.525 62.450
 Nursing and residential
 care facilities 70 71.881 75.187 78.096
 Social assistance 71 71.809 73.247 75.462

Arts, entertainment, and
 recreaton 72 49.353 52.988 57.320
 Performing arts,
 spectator sports,
 museums, and related
 activities 73 60.103 63.610 67.411
 Amusements, gambling,
 and recreation
 industries 74 42.064 45.787 50.483

Accommodation and food
 services 75 76.720 78.552 81.383
 Accommodation 76 84.026 84.582 86.281
 Food services and
 drinking places 77 66.779 70.298 74.629

Other services, except
 government 78 87.010 88.063 89.285

 1996 1997 1998 1999

 Private fixed assets 87.633 90.377 93.432 96.671

Agriculture, forestry,
 fishing, and hunting 94.697 96.989 98.772 99.110
 Farms (1) 94.618 97.020 98.843 99.115
 Forestry, fishing, and
 related activities 95.713 96.602 97.857 99.052

Mining 101.859 101.761 101.409 100.257
 Oil and gas extraction 102.344 101.901 101.470 100.247
 Mining, except oil and
 gas 103.326 103.766 102.778 100.968
 Support activities for
 mining 92.071 94.889 97.109 98.572

Utilities 94.532 95.165 96.166 97.327

Construction 72.596 78.672 86.202 94.652

Manufacturing 86.640 90.861 94.685 97.450
 Durable goods 81.272 86.991 92.263 96.088
 Wood products 96.889 97.741 98.490 99.512
 Nonmetallic mineral
 products 93.555 95.060 96.638 98.061
 Primary metals 106.949 105.457 104.079 102.006
 Fabricated metal
 products 92.890 94.909 97.074 98.539
 Machinery 57.277 69.972 81.613 91.371
 Computer and
 electronic products 64.676 75.060 83.952 90.624
 Electrical equipment,
 appliances, and
 components 113.116 108.962 105.028 101.206
 Motor vehicles, bodies
 and trailers, and
 parts 72.227 81.838 90.789 96.369
 Other transportation
 equipment 65.408 76.251 87.442 96.366
 Furniture and related
 products 66.307 75.029 84.063 93.059
 Miscellaneous
 manufacturing 91.044 93.139 95.946 98.095

 Nondurable goods 93.520 95.812 97.780 99.190
 Food and beverage and
 tobacco products 98.564 99.060 99.522 100.155
 Textile mills and
 textile product
 mills 104.699 104.916 104.196 102.694
 Apparel and leather
 and allied products 87.153 91.060 94.250 97.422
 Paper products 102.544 102.842 103.026 101.103
 Printing and related
 support activities 85.038 89.405 92.746 97.089
 Petroleum and coal
 products 99.153 99.499 99.885 99.459
 Chemical products 85.302 90.133 94.336 97.749
 Plastics and rubber
 products 83.500 88.007 92.525 96.890

Wholesale trade 102.864 101.625 100.196 99.745

Retail trade 77.909 82.965 88.733 93.941

Transportation and
 warehousing 88.368 91.120 94.507 97.185
 Air transportation 64.387 71.789 82.244 90.682
 Railroad transportation 101.645 101.279 101.365 100.942
 Water transportation 103.464 103.399 102.778 101.608
 Truck transportation1 89.154 94.574 97.124 98.313
 Transit and ground
 passenger
 transportation 93.744 91.612 92.701 96.897
 Pipeline transportation 90.067 92.426 94.564 97.440
 Other transportation and
 support activities (2) 85.624 88.814 92.789 95.592
 Warehousing and storage 77.313 84.932 88.973 93.543

Information 75.093 79.226 84.069 90.726
 Publishing industries
 (includes software) 79.721 82.847 87.216 94.232
 Motion picture and sound
 recording industries 100.478 100.632 101.810 101.420
 Broadcasting and
 telecommunications 74.143 78.455 83.328 90.056
 Information and data
 processing services 42.294 50.385 63.261 82.202

Finance and insurance 75.578 81.054 87.674 94.611
 Federal Reserve banks 26.762 40.709 57.228 84.281
 Credit intermediation
 and related activities 75.959 81.702 88.316 95.269
 Securities, commodity
 contracts, and
 investments 58.351 65.216 75.127 86.209
 Insurance carriers and
 related activities 81.253 85.153 90.167 95.690
 Funds, trusts, and other
 financial vehicles 82.180 86.711 92.419 96.536

Real estate and rental and
 leasing 88.724 91.181 93.937 97.003
 Real estate (3) 89.919 92.148 94.673 97.356
 Rental and leasing
 services and lessors
 of intangible
 assets (4) 51.748 60.591 70.170 85.340

Professional, scientific,
 and technical services 54.372 62.733 72.437 88.742
 Legal services 80.391 84.925 90.631 96.199
 Computer systems design
 and related services 37.603 46.671 59.943 80.334
 Miscellaneous
 professional,
 scientific, and
 technical services (5) 57.610 66.159 74.903 87.956

Management of companies
 and enterprises (6) 88.550 91.169 94.503 97.933

Administrative and waste
 management services 71.433 76.584 83.481 91.877
 Administrative and
 support services 50.170 59.041 70.935 85.616
 Waste management and
 remediation services 95.650 96.261 97.328 98.663

Educational services 81.464 85.817 90.578 94.901

Health care and social
 assistance 89.000 91.298 94.197 97.092
 Ambulatory health care
 services 102.375 100.572 100.143 100.018
 Hospitals 84.720 88.395 92.313 96.125
 Nursing and residential
 care facilities 80.959 85.590 90.514 95.449
 Social assistance 78.129 83.665 89.927 95.166

Arts, entertainment, and
 recreaton 62.370 69.167 76.008 86.583
 Performing arts,
 spectator sports,
 museums, and related
 activities 71.238 76.070 81.026 89.050
 Amusements, gambling,
 and recreation
 industries 56.363 64.492 72.611 84.912

Accommodation and food
 services 85.964 89.832 93.617 97.225
 Accommodation 90.550 94.001 96.581 99.240
 Food services and
 drinking places 79.615 84.036 89.458 94.379

Other services, except
 government 90.394 92.448 95.225 97.607

 2000 2001 2002 2003

 Private fixed assets 100.000 102.687 104.947 107.351

Agriculture, forestry,
 fishing, and hunting 100.000 100.778 101.524 102.257
 Farms (1) 100.000 100.821 101.612 102.382
 Forestry, fishing, and
 related activities 100.000 100.226 100.392 100.646

Mining 100.000 100.536 98.961 98.485
 Oil and gas extraction 100.000 100.741 99.115 98.579
 Mining, except oil and
 gas 100.000 98.681 96.795 95.716
 Support activities for
 mining 100.000 102.357 102.285 104.181

Utilities 100.000 103.060 105.656 107.336

Construction 100.000 102.002 103.678 105.651

Manufacturing 100.000 101.386 101.495 101.851
 Durable goods 100.000 102.357 103.182 104.128
 Wood products 100.000 99.143 97.585 96.653
 Nonmetallic mineral
 products 100.000 100.800 100.663 100.772
 Primary metals 100.000 97.674 95.124 92.766
 Fabricated metal
 products 100.000 100.313 99.865 99.271
 Machinery 100.000 106.187 110.293 114.277
 Computer and
 electronic products 100.000 106.999 110.975 115.196
 Electrical equipment,
 appliances, and
 components 100.000 98.524 96.443 94.650
 Motor vehicles, bodies
 and trailers, and
 parts 100.000 101.687 101.746 101.730
 Other transportation
 equipment 100.000 101.944 102.327 102.960
 Furniture and related
 products 100.000 103.832 105.821 107.922
 Miscellaneous
 manufacturing 100.000 100.902 100.651 100.528

 Nondurable goods 100.000 100.149 99.345 98.952
 Food and beverage and
 tobacco products 100.000 99.260 97.881 96.832
 Textile mills and
 textile product
 mills 100.000 96.814 93.458 90.848
 Apparel and leather
 and allied products 100.000 100.936 100.885 101.380
 Paper products 100.000 98.086 95.745 94.049
 Printing and related
 support activities 100.000 101.229 101.248 102.103
 Petroleum and coal
 products 100.000 102.625 103.460 104.452
 Chemical products 100.000 101.388 101.530 102.042
 Plastics and rubber
 products 100.000 100.943 100.605 100.448

Wholesale trade 100.000 99.165 97.957 97.035

Retail trade 100.000 104.413 107.879 111.101

Transportation and
 warehousing 100.000 102.334 103.590 104.626
 Air transportation 100.000 110.370 116.698 121.652
 Railroad transportation 100.000 99.094 98.382 97.726
 Water transportation 100.000 98.590 97.312 96.684
 Truck transportation1 100.000 97.558 94.938 93.077
 Transit and ground
 passenger
 transportation 100.000 100.959 101.119 101.533
 Pipeline transportation 100.000 101.922 103.214 104.231
 Other transportation and
 support activities (2) 100.000 102.971 105.086 107.091
 Warehousing and storage 100.000 103.680 106.205 108.709

Information 100.000 105.706 109.538 112.671
 Publishing industries
 (includes software) 100.000 103.401 105.003 106.898
 Motion picture and sound
 recording industries 100.000 98.211 96.223 94.428
 Broadcasting and
 telecommunications 100.000 106.157 110.394 113.792
 Information and data
 processing services 100.000 112.510 121.085 129.599

Finance and insurance 100.000 103.496 105.394 107.083
 Federal Reserve banks 100.000 111.380 119.407 126.729
 Credit intermediation
 and related activities 100.000 103.008 104.186 105.267
 Securities, commodity
 contracts, and
 investments 100.000 106.647 114.819 122.644
 Insurance carriers and
 related activities 100.000 103.069 104.026 104.782
 Funds, trusts, and other
 financial vehicles 100.000 103.655 105.676 107.139

Real estate and rental and
 leasing 100.000 102.726 105.538 108.629
 Real estate (3) 100.000 102.521 105.231 108.258
 Rental and leasing
 services and lessors
 of intangible
 assets (4) 100.000 109.915 116.533 122.025

Professional, scientific,
 and technical services 100.000 109.195 115.362 122.089
 Legal services 100.000 102.315 103.866 106.083
 Computer systems design
 and related services 100.000 113.465 122.849 133.076
 Miscellaneous
 professional,
 scientific, and
 technical services (5) 100.000 108.514 114.118 120.178

Management of companies
 and enterprises (6) 100.000 101.245 101.513 101.815

Administrative and waste
 management services 100.000 105.690 109.853 113.780
 Administrative and
 support services 100.000 110.453 118.683 126.744
 Waste management and
 remediation services 100.000 100.669 100.627 100.336

Educational services 100.000 105.160 109.998 114.750

Health care and social
 assistance 100.000 102.740 105.565 108.757
 Ambulatory health care
 services 100.000 100.119 100.227 100.878
 Hospitals 100.000 103.510 107.287 111.456
 Nursing and residential
 care facilities 100.000 104.291 108.509 112.786
 Social assistance 100.000 105.345 109.286 112.943

Arts, entertainment, and
 recreaton 100.000 108.985 115.568 121.659
 Performing arts,
 spectator sports,
 museums, and related
 activities 100.000 107.129 112.125 116.775
 Amusements, gambling,
 and recreation
 industries 100.000 110.243 117.901 124.969

Accommodation and food
 services 100.000 102.002 102.945 103.719
 Accommodation 100.000 100.508 100.090 99.584
 Food services and
 drinking places 100.000 104.146 107.052 109.680

Other services, except
 government 100.000 101.962 103.466 104.920

(1.) NAICS crop and animal production.

(2.) Consists of scenic and sightseeing transportation; transportation
support activities; and couriers and messengers.

(3.) Fixed assets of nonprofit institutons serving households are
included in the real estate industry.

(4.) Intangible assets include patents, trademarks, and franchise
agreements, but not copyrights.

(5.) Consists of accounting, tax preparation, bookkeeping, and
payroll services; architectural, engineering, and related services;
specialized design services; management, scientific, and technical
consulting services; scientific research and development services;
advertising and related services; and other professional,
scientific, and technical services.

(6.) Consists of bank and other holding companies.

NOTE. Estimates in this table are based on the 1997 North American
Industry Classification System (NAICS).

Table 7. Current-Cost Net Stock of Private Nonresidential
Fixed Assets by Industry Group and by Legal Form of
Organization, 1993-2003

[Billions of dollars; yearend estimates]

 Line 1993 1994

 Private nonresidential
 fixed assets 1 7,169.0 7,558.3
 Equipment and software 2 2,754.1 2,906.1
 Structures 3 4,414.9 4,652.2

By selected industry group:
 Farms 4 278.7 288.3
 Equipment and software 5 108.4 111.6
 Structures 6 170.3 176.7

 Manufacturing 7 1,053.3 1,111.8
 Equipment and software 8 675.6 713.2
 Structures 9 377.6 398.5

 Nonfarm nonmanufacturing 10 5,837.1 6,158.2
 Equipment and software 11 1,970.0 2,081.3
 Structures 12 3,867.0 4,076.9

By legal form of organization:
 Corporate 13 5,397.9 5,710.2
 Equipment and software 14 2,351.9 2,489.1
 Structures 15 3,046.0 3,212.0

 By corporate industry group:
 Farms 16 24.5 26.1
 Equipment and software 17 12.9 13.8
 Structures 18 11.7 12.3

 Manufacturing 19 1,027.4 1,084.3
 Equipment and software 20 659.7 696.2
 Structures 21 367.7 388.2

 Nonfarm nonmanufacturing 22 4,345.9 4,590.8
 Equipment and software 23 1,679.3 1,779.2
 Structures 24 2,666.6 2,811.6

 By corporate financial and
 nonfinancial:
 Financial 25 612.4 650.4
 Equipment and software 26 283.5 297.8
 Structures 27 328.9 352.6

 Nonfinancial 28 4,785.5 5,050.8
 Equipment and software 29 2,068.4 2,191.4
 Structures 30 2,717.1 2,859.5

 Noncorporate 31 1,771.2 1,857.1
 Equipment and software 32 402.2 417.0
 Structures 33 1,368.9 1,440.1

 By noncorporate industry
 group:
 Farms 34 254.2 262.2
 Equipment and software 35 95.6 97.8
 Structures 36 158.6 164.4

 Manufacturing 37 25.8 27.5
 Equipment and software 38 15.9 17.1
 Structures 39 9.9 10.4

 Nonfarm nonmanufacturing 40 1,491.2 1,567.4
 Equipment and software 41 290.7 302.1
 Structures 42 1,200.5 1,265.3

 By noncorporate legal form
 of organization:
 Sole proprietorships 43 538.8 562.4
 Equipment and software 44 184.4 192.6
 Structures 45 354.4 369.8

 Partnerships 46 554.2 578.2
 Equipment and software 47 126.9 131.0
 Structures 48 427.3 447.2

 Nonprofit :institutions 49 609.0 645.4
 Equipment and software 50 75.7 78.2
 Structures 51 533.2 567.1

 Households 52 22.1 23.2
 Equipment and software 53 2.2 2.3
 Structures 54 19.9 21.0

 Tax-exempt cooperatives 55 47.1 47.9
 Equipment and software 56 12.9 12.9
 Structures 57 34.2 35.0

 1995 1996 1997

 Private nonresidential
 fixed assets 7,954.3 8,344.8 8,820.0
 Equipment and software 3,086.1 3,249.6 3,413.6
 Structures 4,868.2 5,095.2 5,406.5

By selected industry group:
 Farms 295.6 303.3 314.9
 Equipment and software 116.2 119.9 125.7
 Structures 179.3 183.4 189.1

 Manufacturing 1,182.9 1,257.3 1,333.5
 Equipment and software 766.4 815.6 862.1
 Structures 416.5 441.7 471.4

 Nonfarm nonmanufacturing 6,475.9 6,784.2 7,171.7
 Equipment and software 2,203.5 2,314.1 2,425.7
 Structures 4,272.4 4,470.1 4,745.9

By legal form of organization:
 Corporate 6,029.3 6,347.6 6,717.1
 Equipment and software 2,652.9 2,801.9 2,947.3
 Structures 3,376.4 3,545.8 3,769.8

 By corporate industry group:
 Farms 28.0 30.1 32.7
 Equipment and software 15.3 16.9 18.8
 Structures 12.7 13.2 13.9

 Manufacturing 1,153.4 1,225.4 1,298.7
 Equipment and software 747.7 795.2 839.7
 Structures 405.7 430.2 459.0

 Nonfarm nonmanufacturing 4,847.9 5,092.1 5,385.7
 Equipment and software 1,889.9 1,989.8 2,088.8
 Structures 2,958.1 3,102.3 3,296.9

 By corporate financial and
 nonfinancial:
 Financial 686.3 729.6 781.8
 Equipment and software 315.4 335.5 354.4
 Structures 370.9 394.1 427.4

 Nonfinancial 5,343.0 5,618.0 5,935.3
 Equipment and software 2,337.5 2,466.3 2,592.9
 Structures 3,005.6 3,151.6 3,342.5

 Noncorporate 1,925.1 1,997.2 2,102.9
 Equipment and software 433.3 447.8 466.3
 Structures 1,491.8 1,549.4 1,636.6

 By noncorporate industry
 group:
 Farms 267.6 273.2 282.2
 Equipment and software 101.0 103.0 107.0
 Structures 166.7 170.1 175.2

 Manufacturing 29.5 31.9 34.8
 Equipment and software 18.7 20.4 22.4
 Structures 10.8 11.5 12.4

 Nonfarm nonmanufacturing 1,628.0 1,692.2 1,786.0
 Equipment and software 313.6 324.3 336.9
 Structures 1,314.3 1,367.8 1,449.0

 By noncorporate legal form
 of organization:
 Sole proprietorships 581.8 601.7 628.1
 Equipment and software 201.3 208.6 216.7
 Structures 380.5 393.0 411.3

 Partnerships 598.4 619.7 649.2
 Equipment and software 136.0 140.9 146.1
 Structures 462.4 478.7 503.0

 Nonprofit :institutions 672.1 702.1 749.9
 Equipment and software 80.9 83.2 88.4
 Structures 591.2 618.9 661.4

 Households 24.1 25.1 26.6
 Equipment and software 2.2 2.3 2.3
 Structures 21.8 22.9 24.3

 Tax-exempt cooperatives 48.7 48.6 49.2
 Equipment and software 12.9 12.7 12.6
 Structures 35.8 35.9 36.6

 1998 1999 2000

 Private nonresidential
 fixed assets 9,331.1 9,887.6 10,552.6
 Equipment and software 3,611.2 3,864.1 4,130.3
 Structures 5,720.0 6,023.5 6,422.3

By selected industry group:
 Farms 328.0 336.2 347.1
 Equipment and software 132.0 132.1 133.4
 Structures 196.1 204.1 213.8

 Manufacturing 1,412.8 1,475.9 1,538.1
 Equipment and software 910.5 946.1 979.2
 Structures 502.3 529.9 558.9

 Nonfarm nonmanufacturing 7,590.3 8,075.4 8,667.3
 Equipment and software 2,568.7 2,785.9 3,017.8
 Structures 5,021.6 5,289.5 5,649.5

By legal form of organization:
 Corporate 7,085.4 7,519.5 8,051.3
 Equipment and software 3,099.6 3,327.0 3,567.8
 Structures 3,985.8 4,192.5 4,483.5

 By corporate industry group:
 Farms 35.5 37.2 39.2
 Equipment and software 20.8 21.6 22.5
 Structures 14.7 15.6 16.7

 Manufacturing 1,375.0 1,435.7 1,495.6
 Equipment and software 886.1 920.1 951.7
 Structures 488.9 515.7 543.9

 Nonfarm nonmanufacturing 5,674.9 6,046.6 6,516.5
 Equipment and software 2,192.7 2,385.4 2,593.6
 Structures 3,482.2 3,661.2 3,922.9

 By corporate financial and
 nonfinancial:
 Financial 849.0 926.0 989.5
 Equipment and software 385.3 427.1 454.8
 Structures 463.7 498.9 534.7

 Nonfinancial 6,236.4 6,593.5 7,061.7
 Equipment and software 2,714.2 2,899.9 3,113.0
 Structures 3,522.2 3,693.6 3,948.8

 Noncorporate 2,245.7 2,368.1 2,501.3
 Equipment and software 511.6 537.0 562.5
 Structures 1,734.1 1,831.0 1,938.8

 By noncorporate industry
 group:
 Farms 292.6 299.0 308.0
 Equipment and software 111.2 110.5 110.9
 Structures 181.4 188.5 197.1

 Manufacturing 37.8 40.2 42.6
 Equipment and software 24.4 26.0 27.5
 Structures 13.4 14.2 15.0

 Nonfarm nonmanufacturing 1,915.4 2,028.8 2,150.8
 Equipment and software 376.0 400.5 424.2
 Structures 1,539.4 1,628.3 1,726.6

 By noncorporate legal form
 of organization:
 Sole proprietorships 673.8 702.0 733.5
 Equipment and software 242.6 251.7 260.0
 Structures 431.1 450.3 473.5

 Partnerships 687.7 721.4 758.0
 Equipment and software 158.4 167.0 175.0
 Structures 529.3 554.4 563.0

 Nonprofit :institutions 806.5 864.1 925.6
 Equipment and software 95.5 102.9 111.5
 Structures 710.9 761.1 814.1

 Households 28.6 30.5 32.2
 Equipment and software 2.5 2.8 2.9
 Structures 26.1 27.8 29.3

 Tax-exempt cooperatives 49.2 50.1 52.0
 Equipment and software 12.5 12.6 13.1
 Structures 36.7 37.5 38.9

 2001 2002 2003

 Private nonresidential
 fixed assets 11,054.3 11,386.0 11,776.8
 Equipment and software 4,251.9 4,350.8 4,528.3
 Structures 6,802.4 7,035.1 7,248.6

By selected industry group:
 Farms 357.4 365.9 377.8
 Equipment and software 136.1 140.5 147.4
 Structures 221.3 225.4 230.3

 Manufacturing 1,581.5 1,600.0 1,626.7
 Equipment and software 992.1 996.9 1,015.2
 Structures 589.4 603.1 611.5

 Nonfarm nonmanufacturing 9,115.3 9,420.1 9,772.4
 Equipment and software 3,123.7 3,213.4 3,365.6
 Structures 5,991.6 6,206.7 6,406.8

By legal form of organization:
 Corporate 8,437.2 8,682.0 8,972.4
 Equipment and software 3,674.3 3,755.7 3,902.8
 Structures 4,763.0 4,926.3 5,069.6

 By corporate industry group:
 Farms 41.0 42.8 45.0
 Equipment and software 23.4 24.6 26.1
 Structures 17.6 18.2 18.9

 Manufacturing 1,537.2 1,554.4 1,579.6
 Equipment and software 963.6 967.5 984.6
 Structures 573.6 586.9 595.1

 Nonfarm nonmanufacturing 6,859.0 7,084.8 7,347.8
 Equipment and software 2,687.3 2,763.6 2,892.1
 Structures 4,171.8 4,321.2 4,455.6

 By corporate financial and
 nonfinancial:
 Financial 1,029.8 1,059.5 1,101.2
 Equipment and software 460.1 468.9 493.2
 Structures 569.7 590.5 608.0

 Nonfinancial 7,407.5 7,622.6 7,871.2
 Equipment and software 3,214.2 3,286.8 3,409.6
 Structures 4,193.3 4,335.8 4,461.6

 Noncorporate 2,617.1 2,703.9 2,804.4
 Equipment and software 577.6 595.1 625.5
 Structures 2,039.4 2,108.8 2,179.0

 By noncorporate industry
 group:
 Farms 316.4 323.1 332.7
 Equipment and software 112.7 116.0 121.3
 Structures 203.7 207.1 211.4

 Manufacturing 44.3 45.6 47.1
 Equipment and software 28.5 29.4 30.7
 Structures 15.8 16.2 16.4

 Nonfarm nonmanufacturing 2,256.3 2,335.2 2,424.6
 Equipment and software 436.4 449.8 473.5
 Structures 1,819.9 1,885.5 1,951.1

 By noncorporate legal form
 of organization:
 Sole proprietorships 757.4 774.7 798.4
 Equipment and software 264.0 270.4 283.6
 Structures 493.4 504.3 514.8

 Partnerships 786.8 805.7 827.1
 Equipment and software 179.1 183.5 191.5
 Structures 607.7 622.2 635.6

 Nonprofit :institutions 986.2 1,035.2 1,089.1
 Equipment and software 118.4 125.1 134.0
 Structures 867.8 910.1 955.1

 Households 33.5 34.4 35.3
 Equipment and software 3.0 3.1 3.2
 Structures 30.5 31.4 32.1

 Tax-exempt cooperatives 53.2 53.9 54.5
 Equipment and software 13.2 13.1 13.1
 Structures 40.0 40.8 41.4

Table 8. Chain-Type Quantity Indexes for Net Stock of Private
Nonresidential Fixed Assets by Industry Group and by Legal
Form of Organization, 1993-2003

[Index numbers, 2000=100]

 Line 1993 1994

 Private nonresidential
 fixed assets 1 78.769 80.554
 Equipment and software 2 66.046 68.837
 Structures 3 88.096 89.028

By selected industry group:
 Farms 4 96.887 96.693
 Equipment and software 5 88.590 89.186
 Structures 6 102.744 101.972

 Manufacturing 7 77.711 79.621
 Equipment and software 8 73.314 75.745
 Structures 9 86.390 87.203

 Nonfarm nonmanufacturing 10 78.255 80.092
 Equipment and software 11 62.794 65.769
 Structures 12 87.715 88.722

By legal form of organization:
 Corporate 13 76.469 78.506
 Equipment and software 14 65.139 68.098
 Structures 15 86.741 87.809

 By corporate industry group:
 Farms 16 72.956 75.117
 Equipment and software 17 61.641 64.754
 Structures 18 90.273 90.893

 Manufacturing 19 77.957 79.859
 Equipment and software 20 73.650 76.061
 Structures 21 86.453 87.279

 Nonfarm nonmanufacturing 22 76.147 78.215
 Equipment and software 23 62.128 65.260
 Structures 24 86.764 87.868

 By corporate financial and
 nonfinancial:
 Financial 25 69.177 71.369
 Equipment and software 26 58.606 60.895
 Structures 27 79.598 81.621

 Nonfinancial 28 77.498 79.512
 Equipment and software 29 66.110 69.171
 Structures 30 87.697 88.637

 Noncorporate 31 86.476 87.387
 Equipment and software 32 71.866 73.571
 Structures 33 91.260 91.873

 By noncorporate industry
 group:
 Farms 34 100.011 99.505
 Equipment and software 35 94.096 94.175
 Structures 36 103.800 102.910

 Manufacturing 37 69.027 71.266
 Equipment and software 38 61.676 64.781
 Structures 39 84.113 84.444

 Nonfarm nonmanufacturing 40 84.889 85.977
 Equipment and software 41 66.913 68.909
 Structures 42 89.894 90.681

 By noncorporate legal form
 of organization:
 Sole proprietorships 43 88.350 89.031
 Equipment and software 44 73.775 75.666
 Structures 45 97.378 97.230

 Partnerships 46 89.564 90.051
 Equipment and software 47 73.328 74.675
 Structures 48 95.038 95.195

 Nonprofit institutions 49 81.381 82.962
 Equipment and software 50 62.052 64.239
 Structures 51 84.431 85.885

 Households 52 87.114 87.777
 Equipment and software 53 81.642 81.555
 Structures 54 87.628 88.379

 Tax-exempt cooperatives 55 103.637 102.520
 Equipment and software 56 98.375 97.027
 Structures 57 105.470 104.449

 1995 1996 1997

 Private nonresidential
 fixed assets 82.857 85.570 88.743
 Equipment and software 72.311 76.404 81.335
 Structures 90.368 91.980 93.819

By selected industry group:
 Farms 96.765 97.207 98.625
 Equipment and software 90.584 92.340 96.448
 Structures 101.086 100.584 100.114

 Manufacturing 82.650 86.640 90.861
 Equipment and software 79.376 83.931 88.908
 Structures 88.973 91.793 94.502

 Nonfarm nonmanufacturing 82.350 84.919 87.972
 Equipment and software 69.269 73.308 78.251
 Structures 90.104 91.675 93.514

By legal form of organization:
 Corporate 81.146 84.239 87.722
 Equipment and software 71.797 76.121 81.191
 Structures 89.368 91.247 93.241

 By corporate industry group:
 Farms 78.565 83.119 88.842
 Equipment and software 69.912 76.467 85.057
 Structures 91.624 93.026 94.360

 Manufacturing 82.874 86.841 91.007
 Equipment and software 79.669 84.187 89.097
 Structures 89.060 91.884 94.564

 Nonfarm nonmanufacturing 80.762 83.645 86.957
 Equipment and software 68.969 73.200 78.291
 Structures 89.400 91.150 93.052

 By corporate financial and
 nonfinancial:
 Financial 74.094 78.150 83.069
 Equipment and software 64.057 69.067 75.256
 Structures 83.796 86.738 90.284

 Nonfinancial 82.139 85.096 88.376
 Equipment and software 72.950 77.168 82.067
 Structures 90.114 91.851 93.640

 Noncorporate 88.536 89.946 92.072
 Equipment and software 75.597 78.200 82.232
 Structures 92.701 93.686 95.161

 By noncorporate industry
 group:
 Farms 99.132 99.033 99.887
 Equipment and software 94.802 95.575 98.766
 Structures 101.887 101.224 100.601

 Manufacturing 74.758 79.581 85.734
 Equipment and software 69.243 75.066 82.369
 Structures 85.828 88.491 92.236

 Nonfarm nonmanufacturing 87.297 88.854 91.079
 Equipment and software 71.114 73.958 77.988
 Structures 91.716 92.874 94.568

 By noncorporate legal form
 of organization:
 Sole proprietorships 89.948 91.175 92.792
 Equipment and software 77.784 80.299 83.861
 Structures 97.341 97.718 98.099

 Partnerships 90.969 92.160 93.704
 Equipment and software 76.621 79.318 82.924
 Structures 95.727 96.366 97.183

 Nonprofit institutions 84.642 86.523 89.721
 Equipment and software 66.651 69.762 75.967
 Structures 87.422 89.078 91.765

 Households 88.754 90.343 92.441
 Equipment and software 79.395 78.835 81.484
 Structures 89.721 91.556 93.591

 Tax-exempt cooperatives 101.255 100.241 99.434
 Equipment and software 95.565 94.609 94.421
 Structures 103.263 102.229 101.188

 1998 1999 2000

 Private nonresidential
 fixed assets 92.292 96.051 100.000
 Equipment and software 87.008 93.419 100.000
 Structures 95.840 97.782 100.000

By selected industry group:
 Farms 100.075 99.677 100.000
 Equipment and software 100.413 99.653 100.000
 Structures 99.852 99.692 100.000

 Manufacturing 94.685 97.450 100.000
 Equipment and software 93.721 97.077 100.000
 Structures 96.434 98.112 100.000

 Nonfarm nonmanufacturing 91.553 95.656 100.000
 Equipment and software 84.266 91.963 100.000
 Structures 95.630 97.677 100.000

By legal form of organization:
 Corporate 91.326 95.541 100.000
 Equipment and software 86.408 93.104 100.000
 Structures 95.413 97.524 100.000

 By corporate industry group:
 Farms 94.422 96.863 100.000
 Equipment and software 93.467 96.371 100.000
 Structures 95.761 97.539 100.000

 Manufacturing 94.774 97.492 100.000
 Equipment and software 93.842 97.139 100.000
 Structures 96.463 98.119 100.000

 Nonfarm nonmanufacturing 90.511 95.083 100.000
 Equipment and software 83.646 91.602 100.000
 Structures 95.265 97.441 100.000

 By corporate financial and
 nonfinancial:
 Financial 88.948 95.242 100.000
 Equipment and software 83.920 93.649 100.000
 Structures 93.449 96.625 100.000

 Nonfinancial 91.661 95.583 100.000
 Equipment and software 86.773 93.024 100.000
 Structures 95.680 97.646 100.000

 Noncorporate 95.433 97.701 100.000
 Equipment and software 90.824 95.418 100.000
 Structures 96.829 98.377 100.000

 By noncorporate industry
 group:
 Farms 100.800 100.037 100.000
 Equipment and software 101.825 100.320 100.000
 Structures 100.198 99.875 100.000

 Manufacturing 91.563 95.960 100.000
 Equipment and software 89.538 94.943 100.000
 Structures 95.387 97.848 100.000

 Nonfarm nonmanufacturing 94.741 97.401 100.000
 Equipment and software 88.064 94.173 100.000
 Structures 96.458 98.211 100.000

 By noncorporate legal form
 of organization:
 Sole proprietorships 96.903 98.426 100.000
 Equipment and software 93.912 97.010 100.000
 Structures 98.615 99.220 100.000

 Partnerships 96.301 98.196 100.000
 Equipment and software 90.493 95.432 100.000
 Structures 98.120 99.043 100.000

 Nonprofit institutions 93.354 96.637 100.000
 Equipment and software 83.888 91.647 100.000
 Structures 94.718 97.338 100.000

 Households 95.343 98.102 100.000
 Equipment and software 88.228 96.892 100.000
 Structures 96.077 98.223 100.000

 Tax-exempt cooperatives 98.843 98.883 100.000
 Equipment and software 94.253 95.552 100.000
 Structures 100.442 100.032 100.000

 2001 2002 2003

 Private nonresidential
 fixed assets 102.691 104.328 105.879
 Equipment and software 103.910 106.498 109.298
 Structures 101.925 102.984 103.789

By selected industry group:
 Farms 100.340 100.943 101.515
 Equipment and software 101.199 103.249 105.597
 Structures 99.812 99.541 99.043

 Manufacturing 101.386 101.495 101.851
 Equipment and software 101.182 101.454 102.334
 Structures 101.739 101.572 101.062

 Nonfarm nonmanufacturing 103.016 104.963 106.764
 Equipment and software 104.922 108.299 111.754
 Structures 102.023 103.254 104.237

By legal form of organization:
 Corporate 102.965 104.680 106.278
 Equipment and software 104.008 106.563 109.259
 Structures 102.155 103.240 104.027

 By corporate industry group:
 Farms 102.585 105.426 108.189
 Equipment and software 103.326 107.241 111.374
 Structures 101.602 103.044 104.028

 Manufacturing 101.348 101.411 101.719
 Equipment and software 101.115 101.316 102.120
 Structures 101.747 101.581 101.071

 Nonfarm nonmanufacturing 103.338 105.423 107.308
 Equipment and software 105.083 108.506 111.895
 Structures 102.214 103.470 104.436

 By corporate financial and
 nonfinancial:
 Financial 102.975 104.463 105.808
 Equipment and software 102.905 105.155 107.605
 Structures 103.030 103.911 104.385

 Nonfinancial 102.964 104.710 106.344
 Equipment and software 104.168 106.768 109.499
 Structures 102.037 103.149 103.979

 Noncorporate 101.811 103.200 104.604
 Equipment and software 103.290 106.082 109.540
 Structures 101.391 102.394 103.238

 By noncorporate industry
 group:
 Farms 100.055 100.376 100.672
 Equipment and software 100.767 102.441 104.427
 Structures 99.660 99.244 98.621

 Manufacturing 102.755 104.439 106.475
 Equipment and software 103.485 106.236 109.742
 Structures 101.443 101.258 100.755

 Nonfarm nonmanufacturing 102.044 103.580 105.130
 Equipment and software 103.942 107.036 110.889
 Structures 101.588 102.763 103.786

 By noncorporate legal form
 of organization:
 Sole proprietorships 100.859 101.347 101.895
 Equipment and software 101.933 103.689 105.903
 Structures 100.282 100.108 99.790

 Partnerships 101.039 101.499 101.927
 Equipment and software 102.966 105.254 108.114
 Structures 100.472 100.413 100.157

 Nonprofit institutions 103.305 106.287 109.302
 Equipment and software 107.143 113.453 121.155
 Structures 102.791 105.342 107.763

 Households 100.896 101.147 101.243
 Equipment and software 102.524 104.696 107.528
 Structures 100.738 100.806 100.645

 Tax-exempt cooperatives 100.379 100.197 99.843
 Equipment and software 101.968 102.466 103.327
 Structures 99.853 99.455 98.726

Table 9. Current-Cost Net Stock of Residential Fixed Assets
by Type of Owner and Legal Form of Organization, by Industry,
and by Tenure Group, 1993-2003

[Billions of dollars; yearend estimates]

 Line 1993 1994

 Residential fixed assets 1 7,175.1 7,687.1

By type of owner and legal form
 of organization:
 Private 2 7,004.9 7,505.4
 Corporate 3 71.5 74.1
 Noncorporate 4 6,933.3 7,431.3
 Sole proprietorships and
 partnerships 5 793.9 826.1
 Nonprofit institutions 6 112.4 115.6
 Households 7 6,027.0 6,489.7

 Government 8 170.3 181.7
 Federal 9 56.5 59.9
 State and local 10 113.8 121.7

By industry:
 Private 11 7,004.9 7,505.4
 Farm 12 50.5 51.0
 Nonfarm 13 6,954.3 7,454.4

By tenure group: (1)
 Owner-occupied 14 5,278.4 5,707.7
 Farm 15 50.5 51.0
 Nonfarm 16 5,227.9 5,656.7
 Tenant-occupied 17 1,869.4 1,951.0

 1995 1996 1997

 Residential fixed assets 8,028.0 8,467.1 8,927.5

By type of owner and legal form
 of organization:
 Private 7,839.8 8,270.6 8,730.6
 Corporate 76.6 80.0 84.6
 Noncorporate 7,763.3 8,190.7 8,646.0
 Sole proprietorships and
 partnerships 854.7 893.5 949.5
 Nonprofit institutions 117.0 119.7 124.0
 Households 6,791.6 7,177.4 7,572.6

 Government 188.2 196.5 196.8
 Federal 61.6 63.7 65.9
 State and local 126.6 132.7 130.9

By industry:
 Private 7,839.8 8,270.6 8,730.6
 Farm 51.3 52.2 57.9
 Nonfarm 7,788.6 8,218.4 8,672.7

By tenure group: (1)
 Owner-occupied 5,987.9 6,344.3 6,712.4
 Farm 51.3 52.2 57.9
 Nonfarm 5,936.7 6,292.1 6,654.5
 Tenant-occupied 2,011.3 2,093.3 2,184.6

 1998 1999 2000

 Residential fixed assets 9,507.0 10,206.7 10,907.4

By type of owner and legal form
 of organization:
 Private 9,300.1 9,986.7 10,675.7
 Corporate 90.0 94.5 99.5
 Noncorporate 9,210.1 9,892.2 10,576.1
 Sole proprietorships and
 partnerships 1,011.7 1,068.4 1,126.7
 Nonprofit institutions 129.3 134.4 139.7
 Households 8,069.1 8,689.4 9,309.8

 Government 206.9 219.9 231.7
 Federal 68.7 72.2 75.4
 State and local 138.2 147.7 156.4

By industry:
 Private 9,300.1 9,986.7 10,675.7
 Farm 62.0 67.0 72.2
 Nonfarm 9,238.1 9,919.8 10,603.4

By tenure group: (1)
 Owner-occupied 7,174.7 7,752.3 8,328.7
 Farm 62.0 67.0 72.2
 Nonfarm 7,112.7 7,685.3 8,256.4
 Tenant-occupied 2,300.6 2,420.6 2,543.0

 2001 2002 2003

 Residential fixed assets 11,711.5 12,454.9 13,399.1

By type of owner and legal form
 of organization:
 Private 11,464.8 12,195.9 13,125.4
 Corporate 105.0 110.1 116.2
 Noncorporate 11,359.8 12,085.8 13,009.2
 Sole proprietorships and
 partnerships 1,188.2 1,244.3 1,311.2
 Nonprofit institutions 145.9 151.3 157.9
 Households 10,025.7 10,690.2 11,540.1

 Government 246.7 259.0 273.7
 Federal 79.2 82.0 85.8
 State and local 167.5 117.0 187.8

By industry:
 Private 11,464.8 12,195.9 13,125.4
 Farm 77.2 80.6 85.6
 Nonfarm 11,387.6 12,115.3 13,039.8

By tenure group: (1)
 Owner-occupied 8,996.0 9,616.9 10,407.9
 Farm 77.2 80.6 85.6
 Nonfarm 8,918.8 9,536.3 10,322.2
 Tenant-occupied 2,677.2 2,797.7 2,948.2

(1.) Excludes stocks of other nonfarm residential fixed assets,
which consist primarily of dormitories and of fraternity and
sorority houses.

Table 10. Chain-Type Quantity Indexes for Net Stock of Residential
Fixed Assets by Type of Owner and Legal Form of Organization, by
Industry, and by Tenure Group, 1993-2003

[Index numbers, 2000=100]

 Line 1993 1994

 Residential fixed assets 1 83.466 85.574

By type of owner and legal form
 of organization:
 Private 2 83.315 85.442
 Corporate 3 92.054 92.419
 Noncorporate 4 83.233 85.377
 Sole proprietorships and
 partnerships 5 89.820 90.389
 Nonprofit institutions 6 103.203 102.182
 Households 7 82.144 84.522

 Government 8 90.280 91.547
 Federal 9 95.427 96.354
 State and local 10 86.362 87.759

By industry:
 Private 11 83.315 85.442
 Farm 12 86.007 84.695
 Nonfarm 13 83.296 85.447

By tenure group: (1)
 Owner-occupied 14 80.399 83.039
 Farm 15 86.007 84.695
 Nonfarm 16 80.349 83.024
 Tenant-occupied 17 93.329 93.733

 1995 1996 1997

 Residential fixed assets 87.595 89.855 92.119

By type of owner and legal form
 of organization:
 Private 87.474 89.750 92.039
 Corporate 93.714 94.786 96.055
 Noncorporate 87.416 89.702 92.001
 Sole proprietorships and
 partnerships 91.686 92.916 94.840
 Nonprofit institutions 101.464 100.783 100.351
 Households 86.690 89.146 91.530

 Government 93.081 94.657 95.820
 Federal 97.152 97.907 98.632
 State and local 89.595 91.512 94.463

By industry:
 Private 87.474 89.750 92.039
 Farm 82.985 81.962 89.197
 Nonfarm 87.505 89.803 92.058

By tenure group: (1)
 Owner-occupied 85.367 88.024 90.671
 Farm 82.985 81.962 89.197
 Nonfarm 85.388 88.078 90.684
 Tenant-occupied 94.774 95.758 96.794

 1998 1999 2000

 Residential fixed assets 94.637 97.320 100.000

By type of owner and legal form
 of organization:
 Private 94.579 97.288 100.000
 Corporate 97.115 98.530 100.000
 Noncorporate 94.555 97.276 100.000
 Sole proprietorships and
 partnerships 96.409 98.291 100.000
 Nonprofit institutions 100.006 99.980 100.000

 Households 94.248 97.113 100.000

 Government 97.321 98.811 100.000
 Federal 99.252 99.718 100.000
 State and local 96.389 98.373 100.000

By industry:
 Private 94.579 97.288 100.000
 Farm 92.860 96.400 100.000
 Nonfarm 94.591 97.294 100.000

By tenure group: (1)
 Owner-occupied 93.693 96.847 100.000
 Farm 92.860 96.400 100.000
 Nonfarm 93.700 96.851 100.000
 Tenant-occupied 97.693 98.853 100.000

 2001 2002 2003

 Residential fixed assets 102.656 105.482 108.643

By type of owner and legal form
 of organization:
 Private 102.682 105.537 108.737
 Corporate 101.496 102.952 104.612
 Noncorporate 102.694 105.562 108.776
 Sole proprietorships and
 partnerships 101.525 102.950 104.414
 Nonprofit institutions 100.135 100.218 100.468
 Households 102.873 105.956 109.423

 Government 101.431 102.933 104.339
 Federal 100.298 100.821 101.306
 State and local 101.976 103.947 105.793

By industry:
 Private 102.682 105.537 108.737
 Farm 103.124 104.802 106.496
 Nonfarm 102.679 105.542 108.752

By tenure group: (1)
 Owner-occupied 103.167 106.536 110.281
 Farm 103.124 104.802 106.496
 Nonfarm 103.167 106.551 110.314
 Tenant-occupied 100.990 102.044 103.296

(1.) Excludes stocks of other nonfarm residential fixed assets,
which consist primarily of dormitories and of fraternity and
sorority houses.

Table 11. Current-Cost and Quantity Indexes for Net Stock of
Government Fixed Assets, 1993-96

 Current-cost
 valuation

 Billions of
 dollars; year-
 end estimates

 Line 1993 1994

 Government fixed assets (1) 1 4,064.3 4,295.2
 Equipment and software 2 637.0 665.8
 Structures 3 3,427.3 3,629.4
 Buildings 4 1,296.3 1,381.5
 Residential 5 170.3 181.7
 Industrial 6 74.2 76.0
 Educational 7 546.2 581.1
 Hospital 8 106.5 112.9
 Other (2) 9 399.2 429.8

 Highways and streets 10 940.9 1,004.1
 Military facilities (3) 11 283.5 294.9
 Conservation and development 12 241.1 250.6
 Sewer systems structures 13 253.7 264.3
 Water supply facilities 14 164.3 171.4
 Other structures (4) 15 247.5 262.6

Federal 16 1,209.0 1,260.7

 National defense 17 823.2 857.3
 Equipment and software 18 426.1 444.4
 Aircraft 19 103.5 111.8
 Missiles 20 68.5 71.6
 Ships 21 112.8 117.7
 Vehicles 22 23.0 23.3
 Electronics and software 23 31.0 30.9
 Other equipment 24 87.2 89.1

 Structures 25 397.1 412.9
 Buildings 26 113.6 118.0
 Residential 27 56.5 59.9
 Industrial 28 57.1 58.1
 Military facilities (3) 29 283.5 294.9

 Nondefense 30 385.9 403.5
 Equipment and software 31 72.3 74.2
 Structures 32 313.6 329.3
 Buildings 33 90.4 96.0
 Industrial 34 17.1 17.9
 Educational 35 2.1 2.2
 Hospital 36 15.8 16.8
 Other (2) 37 55.5 59.0
 Highways and streets 38 18.8 19.7
 Conservation and development 39 188.7 195.4
 Other structures (4) 40 15.7 18.2

State and local 41 2,855.2 3,034.5
 Equipment and software 42 138.6 147.2
 Structures 43 2,716.6 2,887.2
 Buildings 44 1,092.2 1,167.5
 Residential 45 113.8 121.7
 Educational 46 544.0 578.9
 Hospital 47 90.7 96.1
 Other (2) 48 343.7 370.8
 Highways and streets 49 922.1 984.4
 Conservation and development 50 52.4 55.2
 Sewers systems structures 51 253.7 264.3
 Water supply facilities 52 164.3 171.4
 Other structures (4) 53 231.8 244.4

Addenda:
 General government fixed assets 54 3,119.8 3,301.1
 Equipment and software 55 586.4 613.3
 Structures 56 2,533.3 2,687.8

 Government enterprise fixed assets 57 944.5 994.1
 Equipment and software 58 50.6 52.5
 Structures 59 893.9 941.6

 Government nonresidential fixed
 assets 60 3,894.0 4,113.6
 Equipment and software 61 637.0 665.8
 Structures 62 3,257.0 3,447.7
 Federal 63 654.1 682.2
 Defense 64 340.6 352.9
 Nondefense 65 313.6 329.3
 State and local 66 2,602.8 2,765.5

 Current-cost Quantity
 valuation indexes

 Billions of Index
 dollars; year- numbers,
 end estimates 2000=100

 1995 1996 1993

 Government fixed assets (1) 4,504.7 4,681.8 89.098
 Equipment and software 674.8 674.8 96.568
 Structures 3,829.9 4,007.0 87.431
 Buildings 1,450.0 1,529.4 85.601
 Residential 188.2 196.5 90.280
 Industrial 77.9 79.7 113.754
 Educational 610.5 644.7 85.073
 Hospital 117.6 122.6 88.696
 Other (2) 455.7 485.8 82.205

 Highways and streets 1,074.1 1,127.4 87.729
 Military facilities (3) 304.4 310.9 104.332
 Conservation and development 264.8 279.7 87.976
 Sewer systems structures 277.8 286.4 88.460
 Water supply facilities 180.2 186.4 87.654
 Other structures (4) 278.6 286.9 85.394

Federal 1,291.3 1,315.5 101.671

 National defense 865.3 867.1 109.925
 Equipment and software 440.4 432.6 115.779
 Aircraft 112.1 109.9 125.039
 Missiles 67.3 62.5 139.043
 Ships 118.6 116.2 116.101
 Vehicles 20.5 19.8 147.449
 Electronics and software 30.4 29.4 97.487
 Other equipment 91.4 94.6 94.129

 Structures 425.0 434.6 104.519
 Buildings 120.6 123.7 104.988
 Residential 61.6 63.7 95.427
 Industrial 59.0 60.0 116.385
 Military facilities (3) 304.4 310.9 104.332

 Nondefense 425.9 448.4 87.530
 Equipment and software 77.3 79.2 76.618
 Structures 348.6 369.2 90.081
 Buildings 101.0 106.4 89.306
 Industrial 18.9 19.8 94.090
 Educational 2.2 2.3 101.111
 Hospital 17.8 18.8 86.816
 Other (2) 62.0 65.5 88.245
 Highways and streets 20.6 21.1 98.672
 Conservation and development 206.0 218.1 92.133
 Other structures (4) 21.0 23.6 68.231

State and local 3,213.4 3,366.3 84.219
 Equipment and software 157.1 163.1 68.236
 Structures 3,056.3 3,203.2 85.112
 Buildings 1,228.4 1,299.3 83.354
 Residential 126.6 132.7 86.362
 Educational 608.2 642.4 83.770
 Hospital 99.8 103.8 88.353
 Other (2) 393.7 420.3 80.588
 Highways and streets 1,053.5 1,106.3 86.297
 Conservation and development 58.9 61.6 84.760
 Sewers systems structures 277.8 286.4 87.148
 Water supply facilities 180.2 186.4 86.353
 Other structures (4) 257.6 263.3 85.919

Addenda:
 General government fixed assets 3,454.8 3,586.2 89.579
 Equipment and software 619.4 618.2 98.286
 Structures 2,835.4 2,968.0 87.877

 Government enterprise fixed assets 1,049.8 1,095.7 85.847
 Equipment and software 55.3 56.6 79.931
 Structures 994.5 1,039.0 86.171

 Government nonresidential fixed
 assets 4,316.5 4,485.4 88.704
 Equipment and software 674.8 674.8 96.568
 Structures 3,641.7 3,810.5 87.291
 Federal 712.0 740.1 97.853
 Defense 363.4 370.8 106.184
 Nondefense 348.6 369.2 90.081
 State and local 2,929.7 3,070.5 85.001

 Quantity indexes

 Index numbers, 2000=100

 1994 1995 1996

 Government fixed assets (1) 90.396 91.824 93.489
 Equipment and software 96.908 97.107 97.405
 Structures 88.884 90.510 92.388
 Buildings 87.284 89.388 91.728
 Residential 91.547 93.081 94.657
 Industrial 112.606 111.438 110.062
 Educational 86.579 88.811 91.313
 Hospital 90.023 91.441 92.831
 Other (2) 84.796 87.617 90.837

 Highways and streets 89.379 90.916 92.434
 Military facilities (3) 103.771 103.372 103.055
 Conservation and development 88.667 90.048 93.184
 Sewer systems structures 89.853 91.195 92.784
 Water supply facilities 89.144 90.492 92.351
 Other structures (4) 87.672 89.868 92.045

Federal 101.458 101.315 101.776

 National defense 108.856 107.519 106.331
 Equipment and software 114.148 111.884 109.835
 Aircraft 123.076 119.638 116.565
 Missiles 136.666 132.140 126.658
 Ships 114.631 112.838 110.077
 Vehicles 135.170 124.935 116.727
 Electronics and software 97.380 95.649 95.261
 Other equipment 94.401 95.222 97.263

 Structures 103.994 103.554 103.178
 Buildings 104.553 104.010 103.483
 Residential 96.354 97.152 97.907
 Industrial 114.297 112.126 110.062
 Military facilities (3) 103.771 103.372 103.055

 Nondefense 88.787 90.701 93.987
 Equipment and software 77.908 80.274 83.607
 Structures 91.323 93.112 96.378
 Buildings 90.920 92.994 95.304
 Industrial 95.615 97.288 97.924
 Educational 100.242 99.575 98.285
 Hospital 88.773 91.085 93.920
 Other (2) 89.867 92.079 94.843
 Highways and streets 98.869 98.369 98.095
 Conservation and development 92.515 93.727 97.267
 Other structures (4) 76.336 83.877 91.862

State and local 86.041 88.013 90.086
 Equipment and software 71.783 75.640 78.996
 Structures 86.824 88.679 90.674
 Buildings 85.211 87.527 90.096
 Residential 87.759 89.595 91.512
 Educational 85.262 87.470 89.948
 Hospital 89.559 90.807 91.930
 Other (2) 83.299 86.185 89.444
 Highways and streets 87.949 89.501 91.029
 Conservation and development 86.556 88.662 90.838
 Sewers systems structures 88.520 89.842 91.408
 Water supply facilities 87.822 89.150 90.981
 Other structures (4) 87.674 89.383 91.026

Addenda:
 General government fixed assets 90.738 91.997 93.401
 Equipment and software 98.476 98.418 98.535
 Structures 89.243 90.779 92.443

 Government enterprise fixed assets 87.546 89.472 91.931
 Equipment and software 81.714 84.381 86.413
 Structures 87.864 89.745 92.228

 Government nonresidential fixed
 assets 89.991 91.400 93.049
 Equipment and software 96.908 97.107 97.405
 Structures 88.754 90.385 92.278
 Federal 98.117 98.723 100.137
 Defense 105.391 104.722 104.140
 Nondefense 91.323 93.112 96.378
 State and local 86.725 88.579 90.577

(1.) Consists of the fixed assets of general government
and government enterprises.

(2.) Consists primarily of general office buildings, police
and fire stations, courthouses, auditoriums, garages, and
passenger terminals.

(3.) Consists of Department of Defense structures, except
family housing.

(4.) Consists primarily of electric and gas facilities,
transit systems, and airfields.

Table 12. Current-Cost and Quantity Indexes for Net Stock of
Government Fixed Assets, 1997-2003

 Current-cost valuation

 Billions of dollars;
 yearend estimates

 Line 1997 1998 1999

 Government fixed
 assets (1) 1 4,901.2 5,101.1 5,398.9
 Equipment and software 2 671.4 677.1 698.3
 Structures 3 4,229.7 4,423.9 4,700.7
 Residential 4 196.8 206.9 219.9
 Industrial 5 61.2 62.0 62.8
 Office 6 292.6 314.0 339.8
 Commercial 7 20.9 22.8 24.9

 Health care 8 134.0 141.1 148.4
 Educational 9 709.4 761.6 820.2
 Public safety 10 117.6 126.4 136.0
 Amusement and
 recreation 11 108.0 115.6 124.1
 Transportation 12 215.0 229.5 245.2

 Power 13 143.0 144.1 148.6
 Highways and streets 14 1,211.1 1,254.9 1,337.2
 Military
 facilities (2) 15 319.6 326.0 335.7
 Conservation and
 development 16 165.1 167.5 173.4
 Other structures (3) 17 535.4 551.6 584.4

Federal 18 1,334.7 1,355.8 1,398.9

 National defense 19 868.3 871.8 890.7
 Equipment and software 20 421.6 415.2 419.9
 Aircraft 21 104.3 106.7 112.7
 Missiles 22 59.7 57.0 53.8
 Ships 23 114.4 109.4 109.2
 Vehicles 24 19.1 18.0 18.7
 Electronics and software 25 28.7 28.2 28.8
 Other equipment 26 95.2 95.8 96.9

 Structures 27 446.7 456.6 470.8
 Buildings 28 127.1 130.6 135.0
 Residential 29 65.9 68.7 72.2
 Industrial 30 61.2 62.0 62.8
 Military facilities (2) 31 319.6 326.0 335.7

 Nondefense 32 466.3 484.0 508.2
 Equipment and software 33 81.4 85.2 90.5
 Structures 34 384.9 398.7 417.7
 Office 35 72.9 76.7 81.1
 Commercial 36 16.3 17.9 19.6
 Health care 37 29.2 30.8 32.4
 Educational 38 12.1 12.7 13.2

 Public safety 39 41.4 44.3 47.3
 Amusement and recreation 40 30.7 31.9 33.3
 Transportation 41 5.3 5.7 6.2
 Power 42 2.7 2.7 2.8
 Highways and streets 43 34.4 34.8 36.1
 Conservation and
 development 44 110.3 111.2 114.3
 Other structures (3) 45 29.8 30.2 31.5

State and local 46 3,566.5 3,745.3 4,000.0
 Equipment and software 47 168.4 176.7 187.7
 Structures 48 3,398.1 3,568.6 3,812.2
 Residential 49 130.9 138.2 147.7
 Office 50 219.7 237.2 258.6
 Commercial 51 4.6 4.9 5.3
 Health care 52 104.9 110.3 116.1
 Educational 53 697.3 749.0 807.0
 Public safety 54 76.2 82.1 88.7

 Amusement and recreation 55 77.4 83.7 90.8
 Transportation 56 209.7 223.8 239.0
 Power 57 140.3 141.4 145.8
 Highways and streets 58 1,176.6 1,220.1 1,301.2
 Sewer systems 59 299.9 307.6 324.6
 Water systems 60 196.6 204.1 218.2
 Conservation and
 development 61 54.8 56.3 59.1
 Other structures (4) 62 9.1 9.7 10.2

Addenda:
 General government fixed
 assets 63 3,749.2 3,903.0 4,128.8
 Equipment and software 64 614.5 617.5 635.2
 Structures 65 3,134.7 3,285.5 3,493.6

 Government enterprise fixed
 assets 66 1,152.0 1,198.1 1,270.0
 Equipment and software 67 57.0 59.6 63.0
 Structures 68 1,095.0 1,138.5 1,207.0

 Government nonresidential
 fixed assets 69 4,704.3 4,894.2 5,178.9
 Equipment and software 70 671.4 677.1 698.2
 Structures 71 4,032.9 4,217.1 4,480.7
 Federal 72 765.7 786.7 816.2
 Defense 73 380.8 387.9 398.5
 Nondefense 74 384.9 398.7 417.7
 State and local 75 3,267.2 3,430.4 3,664.5

 Current-cost valuation

 Billions of dollars;
 yearend estimates

 2000 2001 2002 2003

 Government fixed
 assets (1) 5,712.7 5,979.9 6,247.9 6,493.2
 Equipment and software 703.0 711.3 725.2 742.1
 Structures 5,009.7 5,268.6 5,522.8 5,751.1
 Residential 231.7 246.7 259.0 273.7
 Industrial 63.8 64.1 64.2 64.2
 Office 361.9 382.5 408.3 434.6
 Commercial 26.0 26.6 27.5 28.5

 Health care 156.0 163.0 168.5 175.1
 Educational 881.3 952.0 1,019.5 1,083.3
 Public safety 145.7 154.4 160.9 167.5
 Amusement and
 recreation 134.0 143.9 152.1 160.7
 Transportation 266.5 280.4 302.9 320.9

 Power 155.5 161.5 165.9 171.4
 Highways and streets 1,437.3 1,500.4 1,564.2 1,603.7
 Military
 facilities (2) 347.0 352.8 355.9 359.4
 Conservation and
 development 180.5 185.1 190.7 198.3
 Other structures (3) 622.4 655.3 683.2 709.8

Federal 1,424.6 1,446.8 1,468.8 1,498.4

 National defense 896.0 904.2 913.4 927.3
 Equipment and software 409.8 408.0 411.2 417.8
 Aircraft 106.8 109.5 109.6 107.5
 Missiles 50.4 47.5 45.4 44.2
 Ships 107.9 105.8 107.4 111.1
 Vehicles 16.7 16.4 16.8 17.6
 Electronics and software 29.5 29.3 29.2 29.6
 Other equipment 98.6 99.6 102.8 107.7

 Structures 486.2 496.1 502.2 509.5
 Buildings 139.2 143.4 146.3 150.1
 Residential 75.4 79.2 82.0 85.8
 Industrial 63.8 64.1 64.2 64.2
 Military facilities (2) 347.0 352.8 355.9 359.4

 Nondefense 528.6 542.7 555.5 571.2
 Equipment and software 94.0 95.4 96.6 97.8
 Structures 434.6 447.3 458.9 473.4
 Office 83.3 85.2 87.3 89.5
 Commercial 20.2 20.4 20.9 21.4
 Health care 33.9 35.4 36.3 37.1
 Educational 13.8 14.7 15.6 16.5

 Public safety 50.1 52.4 53.8 54.9
 Amusement and recreation 34.7 35.9 36.3 37.0
 Transportation 6.8 7.3 7.9 8.2
 Power 2.9 3.1 3.5 4.7
 Highways and streets 37.9 38.5 39.1 39.6
 Conservation and
 development 117.8 120.0 123.1 127.8
 Other structures (3) 33.1 34.4 35.2 36.8

State and local 4,288.1 4,533.1 4,779.1 4,994.8
 Equipment and software 199.1 207.8 217.4 226.6
 Structures 4,089.0 4,325.3 4,561.7 4,768.2
 Residential 156.4 167.5 177.0 187.8
 Office 278.7 297.2 320.9 345.2
 Commercial 5.7 6.2 6.6 7.1
 Health care 122.1 127.6 132.3 138.0
 Educational 867.5 937.4 1,003.9 1,066.8
 Public safety 95.6 102.0 107.2 112.6

 Amusement and recreation 99.3 108.1 115.9 123.6
 Transportation 259.7 273.1 295.0 312.7
 Power 152.6 158.4 162.4 166.7
 Highways and streets 1,399.4 1,461.9 1,525.1 1,564.1
 Sewer systems 344.3 361.1 375.3 387.9
 Water systems 234.2 248.4 260.4 271.2
 Conservation and
 development 62.7 65.1 67.6 70.5
 Other structures (4) 10.8 11.4 12.3 13.8

Addenda:
 General government fixed
 assets 4,359.6 4,557.7 4,755.5 4,934.5
 Equipment and software 638.0 646.1 658.4 673.6
 Structures 3,721.6 3,911.7 4,097.0 4,260.9

 Government enterprise fixed
 assets 1,353.1 1,422.2 1,492.5 1,558.7
 Equipment and software 65.0 65.2 66.7 68.5
 Structures 1,288.1 1,357.0 1,425.7 1,490.2

 Government nonresidential
 fixed assets 5,481.0 5,733.2 5,988.9 6,219.5
 Equipment and software 703.0 711.3 725.2 742.1
 Structures 4,778.0 5,021.9 5,263.8 5,477.4
 Federal 845.4 864.2 879.0 897.0
 Defense 410.8 416.9 420.1 423.6
 Nondefense 434.6 447.3 458.9 473.4
 State and local 3,932.6 4,157.8 4,384.7 4,580.4

 Quantity indexes

 Index numbers, 2000=100

 1997 1998 1999 2000

 Government fixed
 assets (1) 95.081 96.537 98.231 100.000
 Equipment and software 97.233 97.749 98.936 100.000
 Structures 94.248 96.014 97.963 100.000
 Residential 95.820 97.321 98.811 100.000
 Industrial 107.737 105.089 102.481 100.001
 Office 90.989 93.908 96.975 100.000
 Commercial 91.145 95.560 100.103 100.000

 Health care 97.124 98.396 99.268 100.000
 Educational 90.340 93.133 96.429 100.000
 Public safety 91.213 94.372 97.363 100.000
 Amusement and
 recreation 91.127 93.845 96.622 100.000
 Transportation 89.779 92.573 95.735 100.000

 Power 98.816 98.762 99.200 100.000
 Highways and streets 94.553 96.225 98.079 100.000
 Military
 facilities (2) 102.427 101.656 100.833 100.000
 Conservation and
 development 97.356 98.017 98.865 100.000
 Other structures (3) 98.293 99.051 99.365 100.000

Federal 101.348 100.845 100.543 100.000

 National defense 104.457 102.711 101.295 100.000
 Equipment and software 106.620 103.825 101.781 100.000
 Aircraft 111.167 106.273 102.614 100.000
 Missiles 119.279 113.029 106.487 100.000
 Ships 106.861 104.232 102.177 100.000
 Vehicles 110.588 105.796 102.287 100.000
 Electronics and software 95.229 95.817 97.918 100.000
 Other equipment 97.817 98.039 99.084 100.000

 Structures 102.538 101.734 100.876 100.000
 Buildings 102.813 101.930 100.985 100.000
 Residential 98.632 99.252 99.718 100.000
 Industrial 107.737 105.089 102.481 100.000
 Military facilities (2) 102.427 101.656 100.833 100.000

 Nondefense 96.027 97.651 99.260 100.000
 Equipment and software 87.023 91.525 96.657 100.000
 Structures 98.082 99.028 99.833 100.000
 Office 98.554 99.708 100.623 100.000
 Commercial 91.357 96.062 100.949 100.000
 Health care 97.112 98.646 99.505 100.000
 Educational 98.196 98.829 99.135 100.000

 Public safety 93.383 96.172 98.439 100.000
 Amusement and recreation 99.746 99.916 100.045 100.000
 Transportation 87.261 91.632 96.041 100.000
 Power 98.619 99.062 99.329 100.000
 Highways and streets 102.022 101.299 100.489 100.000
 Conservation and
 development 99.630 99.705 99.842 100.000
 Other structures (3) 99.263 99.447 99.708 100.000

State and local 92.364 94.680 97.261 100.000
 Equipment and software 83.039 88.233 94.139 100.000
 Structures 92.850 95.010 97.417 100.000
 Residential 94.463 96.389 98.373 100.000
 Office 88.727 92.174 95.884 100.000
 Commercial 90.389 93.786 97.121 100.000
 Health care 97.127 98.326 99.203 100.000
 Educational 90.215 93.043 96.386 100.000
 Public safety 90.076 93.429 96.799 100.000

 Amusement and recreation 88.110 91.721 95.424 100.000
 Transportation 89.844 92.597 95.727 100.000
 Power 98.820 98.756 99.198 100.000
 Highways and streets 94.351 96.088 98.014 100.000
 Sewer systems 96.249 97.576 98.888 100.000
 Water systems 92.805 95.144 97.687 100.000
 Conservation and
 development 93.083 94.847 97.031 100.000
 Other structures (4) 95.300 97.837 98.315 100.000

Addenda:
 General government fixed
 assets 94.920 96.424 98.174 100.000
 Equipment and software 98.205 98.342 99.134 100.000
 Structures 94.322 96.081 98.006 100.000

 Government enterprise fixed
 assets 93.714 95.623 97.796 100.000
 Equipment and software 87.757 91.943 96.993 100.000
 Structures 94.036 95.819 97.838 100.000

 Government nonresidential
 fixed assets 94.639 96.230 98.077 100.000
 Equipment and software 97.233 97.749 98.936 100.000
 Structures 94.173 95.951 97.922 100.000
 Federal 100.590 100.562 100.443 100.000
 Defense 103.251 102.189 101.089 100.000
 Nondefense 98.082 99.028 99.833 100.000
 State and local 92.787 94.955 97.379 100.000

 Quantity indexes

 Index numbers, 2000=100

 2001 2002 2003

 Government fixed
 assets (1) 101.897 104.083 106.311
 Equipment and software 101.169 102.972 105.088
 Structures 102.145 104.506 106.855
 Residential 101.431 102.933 104.339
 Industrial 97.782 95.462 93.938
 Office 102.479 106.455 110.381
 Commercial 98.463 99.909 101.452

 Health care 100.807 102.039 103.380
 Educational 103.932 108.355 112.739
 Public safety 102.274 104.372 105.944
 Amusement and
 recreation 103.637 107.213 110.500
 Transportation 104.075 108.234 112.162

 Power 100.918 101.205 102.419
 Highways and streets 102.144 104.257 106.340
 Military
 facilities (2) 98.941 97.849 96.841
 Conservation and
 development 101.100 101.789 102.335
 Other structures (3) 100.503 101.651 104.124

Federal 99.460 99.361 99.540

 National defense 98.851 98.249 98.057
 Equipment and software 98.670 98.552 99.155
 Aircraft 98.557 97.166 95.927
 Missiles 94.459 89.972 85.128
 Ships 98.411 98.304 98.808
 Vehicles 97.915 99.202 102.290
 Electronics and software 100.762 101.990 105.300
 Other equipment 100.733 103.632 108.027

 Structures 99.001 98.003 97.167
 Buildings 99.150 98.385 97.967
 Residential 100.298 100.821 101.306
 Industrial 97.782 95.462 93.938
 Military facilities (2) 98.941 97.849 96.841

 Nondefense 100.492 101.245 102.052
 Equipment and software 102.260 105.297 107.975
 Structures 100.041 100.400 100.838
 Office 98.980 98.808 98.948
 Commercial 96.927 97.415 98.012
 Health care 100.485 101.105 101.089
 Educational 102.189 105.445 108.524

 Public safety 100.944 101.649 101.284
 Amusement and recreation 99.505 98.757 98.586
 Transportation 104.211 110.782 112.928
 Power 105.268 113.412 149.281
 Highways and streets 99.440 98.859 98.164
 Conservation and
 development 100.421 100.714 101.056
 Other structures (3) 100.489 100.617 101.074

State and local 102.877 105.959 108.984
 Equipment and software 105.684 111.141 116.240
 Structures 102.743 105.715 108.647
 Residential 101.976 103.947 105.793
 Office 103.527 108.747 113.806
 Commercial 103.893 108.730 113.590
 Health care 100.896 102.298 104.015
 Educational 103.960 108.402 112.806
 Public safety 102.978 105.812 108.404

 Amusement and recreation 105.083 110.173 114.665
 Transportation 104.071 108.167 112.141
 Power 100.836 100.974 101.527
 Highways and streets 102.217 104.403 106.562
 Sewer systems 101.476 103.300 105.102
 Water systems 102.620 105.342 107.882
 Conservation and
 development 102.375 103.809 104.737
 Other structures (4) 100.547 104.769 113.268

Addenda:
 General government fixed
 assets 101.941 104.209 106.491
 Equipment and software 101.123 102.758 104.700
 Structures 102.079 104.452 106.789

 Government enterprise fixed
 assets 102.301 104.681 107.130
 Equipment and software 101.628 105.110 108.998
 Structures 102.334 104.662 107.045

 Government nonresidential
 fixed assets 102.028 104.332 106.668
 Equipment and software 101.169 102.972 105.088
 Structures 102.180 104.583 106.980
 Federal 99.419 98.981 98.679
 Defense 98.761 97 96.389
 Nondefense 100.041 100.400 100.838
 State and local 102.773 105.787 108.764

(1.) Consists of the fixed assets of general government and
government enterprises.

(2.) Consists of Department of Defense structures, except
family housing.

(3.) Consists of lodging, religious, communication, sewage and
waste disposal, water supply structures, and manufacturing.

(4.) Consists of lodging, communication, and manufacturing.

Table 13. Current-Cost Net Stock of Consumer Durable Goods, 1993-2003

[Billions of dollars; yearend estimates]

 Line 1993 1994

 Consumer durable goods 1 2,148.9 2,269.6

Motor vehicles and parts 2 760.6 810.4
 Autos 3 479.3 494.0
 Trucks 4 250.1 282.0
 Other (1) 5 31.2 34.4

Furniture and household equipment 6 920.4 965.5
 Furniture including mattresses and
 bedsprings 7 279.0 291.5
 Kitchen and other household
 appliances (2) 8 132.7 137.7
 China, glassware, tableware, and
 utensils 9 98.7 102.5
 Video and audio goods, including
 musical instruments and computer
 goods 10 205.3 221.7
 Video and audio goods, including
 musical instruments 11 186.4 197.0
 Computers, perripherals, and
 software 12 18.9 24.7
 Other durable house furnishings (3) 13 204.7 212.1

Other 14 467.9 493.7
 Ophthalmic products and orthopedic
 appliances 15 40.3 42.9
 Wheel goods, sports photographic
 equipment, boats, and pleasure
 aircraft 16 158.6 169.0
 Jewelry and watches 17 178.3 185.3
 Books and maps 18 90.8 96.5

 1995 1996 1997

 Consumer durable goods 2,370.7 2,468.3 2,561.7

Motor vehicles and parts 842.2 875.1 899.4
 Autos 498.4 502.8 500.2
 Trucks 307.5 334.6 359.8
 Other (1) 36.3 37.6 39.4

Furniture and household equipment 1,010.6 1,055.8 1,101.1
 Furniture including mattresses and
 bedsprings 308.6 321.9 335.8
 Kitchen and other household
 appliances (2) 139.9 144.6 145.2
 China, glassware, tableware, and
 utensils 104.6 108.5 115.7
 Video and audio goods, including
 musical instruments and computer
 goods 232.6 246.9 257.6
 Video and audio goods, including
 musical instruments 204.9 216.1 221.9
 Computers, perripherals, and
 software 204.9 30.8 35.7
 Other durable house furnishings (3) 27.7 234.0 246.9

Other 517.9 537.4 561.2
 Ophthalmic products and orthopedic
 appliances 44.9 47.4 51.1
 Wheel goods, sports photographic
 equipment, boats, and pleasure
 aircraft 177.5 185.8 195.8
 Jewelry and watches 190.1 191.3 193.9
 Books and maps 105.4 113.0 120.4

 1998 1999 2000

 Consumer durable goods 2,682.9 2,835.0 3,014.9

Motor vehicles and parts 950.4 1,020.8 1,092.2
 Autos 506.1 521.0 541.6
 Trucks 401.6 453.5 500.6
 Other (1) 42.7 46.3 50.0

Furniture and household equipment 1,146.7 1,196.4 1,260.3
 Furniture including mattresses and
 bedsprings 353.0 369.4 388.6
 Kitchen and other household
 appliances (2) 146.4 149.8 152.9
 China, glassware, tableware, and
 utensils 121.0 124.8 131.3
 Video and audio goods, including
 musical instruments and computer
 goods 266.7 281.4 302.6
 Video and audio goods, including
 musical instruments 227.6 233.8 248.7
 Computers, perripherals, and
 software 39.2 47.5 54.0
 Other durable house furnishings (3) 259.6 271.0 284.9

Other 585.9 617.9 662.3
 Ophthalmic products and orthopedic
 appliances 54.6 58.9 63.5
 Wheel goods, sports photographic
 equipment, boats, and pleasure
 aircraft 204.3 215.2 232.0
 Jewelry and watches 198.3 209.4 223.6
 Books and maps 128.7 134.3 143.2

 2001 2002 2003

 Consumer durable goods 3,144.2 3,268.5 3,376.3

Motor vehicles and parts 1,156.0 1,213.5 1,256.6
 Autos 554.7 557.3 550.1
 Trucks 550.3 603.7 651.9
 Other (1) 51.0 52.5 54.6

Furniture and household equipment 1,292.1 1,332.1 1,360.1
 Furniture including mattresses and
 bedsprings 394.4 408.0 421.4
 Kitchen and other household
 appliances (2) 158.4 160.7 161.1
 China, glassware, tableware, and
 utensils 133.7 135.6 139.8
 Video and audio goods, including
 musical instruments and computer
 goods 309.9 321.7 329.7
 Video and audio goods, including
 musical instruments 256.5 263.6 266.0
 Computers, perripherals, and
 software 53.4 58.1 63.7
 Other durable house furnishings (3) 295.8 306.0 308.0

Other 696.0 723.0 759.6
 Ophthalmic products and orthopedic
 appliances 65.1 65.7 67.8
 Wheel goods, sports photographic
 equipment, boats, and pleasure
 aircraft 244.3 256.3 274.4
 Jewelry and watches 231.8 235.9 245.5
 Books and maps 154.9 165.1 172.0

(1.) Consists of recreational vehicles and accessories and parts.

(2.) Consists of refrigerators and freezers, cooking ranges,
dishwashers, laundry equipment, stoves, room air conditioners,
sewing machines, vacuum cleaners, and other appliances except
built-in appliances, which are classified as part of
residential structures.

(3.) Includes floor coverings, picture frames, minors, art
products, portable lamps, clocks, blinds, shades, drapery
hardware, and telephone equipment. Also includes writing
equipment and hand, power, and garden tools.

Table 14. Quantity Indexes for Net Stock of Consumer Durable
Goods, 1993-2003

[Index numbers, 2000=100]

 Line 1993 1994

 Consumer durable goods 1 68.112 70.996

Motor vehicles and parts 2 73.875 76.030
 Autos 3 91.694 91.756
 Trucks 4 54.883 59.139
 Other (1) 5 66.185 71.244

Furniture and household equipment 6 63.692 67.152
 Furniture including mattresses and
 bedsprings 7 73.658 76.185
 Kitchen and other household
 appliances (2) 8 81.593 83.874
 China, glassware, tableware, and
 utensils 9 70.243 73.237
 Video and audio goods, including
 musical instruments and computer
 goods 10 40.019 44.778
 Video and audio goods, including
 musical instruments 11 56.348 61.011
 Computers, perripherals, and
 software 12 4.461 6.674
 Other durable house furnishings (3) 13 70.005 72.860

Other 14 68.057 70.819
 Ophthalmic products and orthopedic
 appliances 15 73.513 75.914
 Wheel goods, sports photographic
 equipment, boats, and pleasure
 aircraft 16 66.490 69.325
 Jewelry and watches 17 67.619 70.171
 Books and maps 18 68.934 72.116

 1995 1996 1997

 Consumer durable goods 73.985 77.473 81.589

Motor vehicles and parts 77.513 79.465 82.455
 Autos 91.269 90.866 91.218
 Trucks 62.606 67.009 72.828
 Other (1) 75.019 78.653 82.689

Furniture and household equipment 71.136 75.621 80.549
 Furniture including mattresses and
 bedsprings 78.981 82.178 86.026
 Kitchen and other household
 appliances (2) 86.344 88.590 90.407
 China, glassware, tableware, and
 utensils 76.729 80.587 84.572
 Video and audio goods, including
 musical instruments and computer
 goods 50.564 57.490 65.361
 Video and audio goods, including
 musical instruments 66.233 71.531 76.590
 Computers, perripherals, and
 software 10.170 16.644 27.940
 Other durable house furnishings (3) 76.130 79.830 83.977

Other 74.079 77.956 82.228
 Ophthalmic products and orthopedic
 appliances 77.658 81.108 86.066
 Wheel goods, sports photographic
 equipment, boats, and pleasure
 aircraft 72.847 76.762 81.099
 Jewelry and watches 73.204 77.126 81.151
 Books and maps 75.949 79.842 84.131

 1998 1999 2000

 Consumer durable goods 86.765 93.202 100.000

Motor vehicles and parts 87.262 93.705 100.000
 Autos 92.835 96.209 100.000
 Trucks 81.095 90.895 100.000
 Other (1) 88.229 94.673 100.000

Furniture and household equipment 86.127 92.744 100.000
 Furniture including mattresses and
 bedsprings 90.200 94.846 100.000
 Kitchen and other household
 appliances (2) 92.776 96.197 100.000
 China, glassware, tableware, and
 utensils 88.759 94.110 100.000
 Video and audio goods, including
 musical instruments and computer
 goods 74.962 86.696 100.000
 Video and audio goods, including
 musical instruments 82.759 90.599 100.000
 Computers, perripherals, and
 software 45.520 70.403 100.000
 Other durable house furnishings (3) 88.512 94.043 100.000

Other 87.187 93.259 100.000
 Ophthalmic products and orthopedic
 appliances 91.126 95.726 100.000
 Wheel goods, sports photographic
 equipment, boats, and pleasure
 aircraft 86.239 92.545 100.000
 Jewelry and watches 86.347 92.883 100.000
 Books and maps 88.354 93.929 100.000

 2001 2002 2003

 Consumer durable goods 106.517 113.404 120.725

Motor vehicles and parts 106.791 114.123 121.300
 Autos 102.979 105.100 105.529
 Trucks 111.434 124.919 139.716
 Other (1) 101.793 104.669 110.288

Furniture and household equipment 106.808 113.950 121.624
 Furniture including mattresses and
 bedsprings 104.727 109.517 114.278
 Kitchen and other household
 appliances (2) 103.613 107.373 112.167
 China, glassware, tableware, and
 utensils 105.535 111.571 117.856
 Video and audio goods, including
 musical instruments and computer
 goods 113.207 127.977 143.932
 Video and audio goods, including
 musical instruments 109.382 119.333 129.601
 Computers, perripherals, and
 software 132.800 177.096 231.795
 Other durable house furnishings (3) 105.386 110.783 117.169

Other 105.518 111.210 118.137
 Ophthalmic products and orthopedic
 appliances 100.323 101.569 103.395
 Wheel goods, sports photographic
 equipment, boats, and pleasure
 aircraft 107.074 113.984 123.145
 Jewelry and watches 105.473 111.496 118.539
 Books and maps 105.417 110.706 116.328

(1.) Consists of recreational vehicles and accessories and parts.

(2.) Consists of refrigerators and freezers, cooking ranges,
dishwashers, laundry equipment, stoves, room air conditioners,
sewing machines, vacuum cleaners, and other appliances except
built-in appliances, which are classified as part of
residential structures.

(3.) Includes floor coverings, picture frames, minors, art
products, portable lamps, clocks, blinds, shades, drapery
hardware, and telephone equipment. Also includes writing
equipment and hand, power, and garden tools.

Table 15. Real Net Stock of Fixed Assets and Consumer Durable Goods,
1993-2003

[Billions of chained (2000) dollars; yearend estimates]

 Line 1993 1994 1995

Fixed assets and consumer
 durable goods 1 23,944.4 24,521.0 25,153.1

 Fixed assets 2 21,919.8 22,401.0 22,936.0
 Private 3 16,941.7 17,349.7 17,804.2
 Nonresidential 4 8,212.6 8,398.6 8,638.7
 Equipment and
 software 5 2,733.3 2,848.8 2,992.6
 Structures 6 5,539.1 5,597.7 5,682.0
 Residential 7 8,737.9 8,961.0 9,174.2
 Government 8 5,005.1 5,078.0 5,158.3
 Nonresidential 9 4,781.2 4,850.7 4,926.6
 Equipment and
 software 10 681.9 684.3 685.7
 Structures 11 4,088.7 4,157.2 4,233.6
 Residential 12 205.3 208.2 211.7

 Consumer durable goods 13 2,064.0 2,151.4 2,242.0

Addenda:

 Private and government
 fixed assets 14 21,919.8 22,401.0 22,936.0
 Nonresidential 15 12,977.7 13,234.7 13,553.1
 Equipment and
 software 16 3,408.4 3,527.4 3,673.7
 Structures 17 9,627.7 9,754.8 9,915.4
 Residential 18 8,943.5 9,169.4 9,386.0

 Government fixed assets 19 5,005.1 5,078.0 5,158.3
 Federal 20 1,433.7 1,430.7 1,428.6
 State and local 21 3,543.4 3,620.1 3,703.1

 1996 1997 1998 1999

Fixed assets and consumer
 durable goods 25,882.3 26,677.3 27,570.3 28,551.8

 Fixed assets 23,552.9 24,216.4 24,945.8 25,727.5
 Private 18,327.5 18,901.4 19,540.3 20,217.6
 Nonresidential 8,921.5 9,252.4 9,622.4 10,014.3
 Equipment and
 software 3,162.0 3,366.0 3,600.8 3,866.1
 Structures 5,783.3 5,898.9 6,026.0 6,148.1
 Residential 9,412.8 9,652.9 9,919.3 10,203.4
 Government 5,251.8 5,341.2 5,423.0 5,518.1
 Nonresidential 5,015.4 5,101.2 5,186.9 5,286.5
 Equipment and
 software 687.8 686.6 690.2 698.6
 Structures 4,322.3 4,411.1 4,494.3 4,586.7
 Residential 215.3 217.9 221.3 224.7

 Consumer durable goods 2,347.7 2,472.5 2,629.3 2,824.4

Addenda:

 Private and government
 fixed assets 23,552.9 24,216.4 24,945.8 25,727.5
 Nonresidential 13,927.3 14,347.0 14,805.7 15,299.5
 Equipment and
 software 3,846.4 4,050.8 4,290.4 4,564.6
 Structures 10,105.5 10,309.9 10,520.3 10,734.8
 Residential 9,628.2 9,870.8 10,140.6 10,428.1

 Government fixed assets 5,251.8 5,341.2 5,423.0 5,518.1
 Federal 1,435.2 1,429.1 1,422.0 1,417.8
 State and local 3,790.3 3,886.1 3,983.6 4,092.2

 2000 2001 2002 2003

Fixed assets and consumer
 durable goods 29,561.8 30,430.3 31,229.1 32,005.1

 Fixed assets 26,531.4 27,207.2 27,808.7 28,441.9
 Private 20,913.9 21,475.8 21,948.5 22,451.2
 Nonresidential 10,426.1 10,706.6 10,877.3 11,039.0
 Equipment and
 software 4,138.5 4,300.3 4,407.4 4,523.3
 Structures 6,287.6 6,408.6 6,475.2 6,525.8
 Residential 10,487.8 10,769.2 11,068.6 11,404.2
 Government 5,617.5 5,724.1 5,846.9 5,972.1
 Nonresidential 5,390.1 5,499.4 5,623.6 5,749.5
 Equipment and
 software 706.1 714.4 727.1 742.0
 Structures 4,684.0 4,786.1 4,898.7 5,011.0
 Residential 227.4 230.7 234.1 237.3

 Consumer durable goods 3,030.4 3,227.9 3,436.6 3,658.4

Addenda:

 Private and government
 fixed assets 26,531.4 27,207.2 27,808.7 28,441.9
 Nonresidential 15,816.2 16,207.2 16,503.7 16,793.2
 Equipment and
 software 4,844.6 5,014.6 5,134.5 5,265.3
 Structures 10,971.6 11,194.7 11,373.5 11,535.8
 Residential 10,715.2 10,999.8 11,302.6 11,641.4

 Government fixed assets 5,617.5 5,724.1 5,846.9 5,972.1
 Federal 1,410.1 1,402.5 1,401.1 1,403.6
 State and local 4,207.4 4,328.4 4,458.1 4,585.4

Acknowledgments

The estimates of fixed assets and consumer durable goods were prepared by the National Income and Wealth Division and the Government Division. The estimates of private fixed assets and consumer durable goods were prepared under the direction of Paul R. Lally, who was assisted by Randal T. Matsunaga, Michael D. Glenn, Nadia F.P. Sadee, Michael T. Cusick, and Julia T.D. Nguyen. Arnold J. Katz guided the review of all net stock estimates and the implementation of the updated auto depreciation schedules that were developed by Brian K. Sliker. The estimates of government fixed assets were prepared under the direction of Steven Payson, who was assisted by D. Timothy Dobbs, Jennifer A. Bennett, and Charles S. Robinson.

Brent R. Moulton, Associate Director for National Economic Accounts, Carol E. Moylan, Chief of the National Income and Wealth Division, and Brooks B. Robinson, Chief of the Government Division, provided overall supervision.

(1.) Eugene P. Seskin and Shelly Smith, "Annual Revision of the National Income and Product Accounts," SURVEY OF CURRENT BUSINESS 84 (August 2004): 7-28.

(2.) See the box "Data Availability" in Paul R. Lally, "Fixed Assets and Consumer Durable Goods," SURVEY 84 (May 2004): 8.

(3.) For a discussion of chain-type measures, see J. Steven Landefeld, Brent R. Moulton, and Cindy M. Vojtech, "Chained-Dollar Indexes: Issues, Tips on Their Use, and Upcoming Changes" SURVEY 83 (November 2003): 8-16.

(4.) At the National Bureau of Economic Research, the business cycle dating committee determined that a peak in business activity, which marks the end of an expansion and the beginning of a recession, occurred in March 2001.

(5.) See Douglas S. Meade, Stanislaw J. Rzeznik, and Darlene C. Robinson-Smith, "Business Investment by Industry in the U.S. Economy for 1997," SURVEY 83 (November 2003): 25-26.

(6.) See Nicole Mayerhauser, Shelly Smith, and David F. Sullivan, "Preview of the 2003 Comprehensive Revision to the National Income and Product Accounts: New and Redesigned Tables," SURVEY 83 (August 2003): 22-24.

(7.) In the perpetual inventory method, the net stock is a weighted summation of past investment in that asset. For more information about this method, see Fixed Assets and Consumer Durable Goods in the United States, 1925-97 (Washington, DC: U.S. Government Printing Office, September 2003).

(8.) For more about these adjustments, see Fixed Assets, 24.

(9.) Eugene P. Seskin and Daniel Larkins, "Improved Estimates of the National Income and Product Accounts for 1929-2002: Results of the Comprehensive Revision," SURVEY 84 (February 2004): 7-29.