Nonfinancial Noncorporate Business; Capital Formation, Net, Transactions
NNBCFNA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139,843.00
Year-over-Year Change
601.81%
Date Range
1/1/1946 - 1/1/2024
Summary
The 'Nonfinancial Noncorporate Business; Capital Formation, Net, Transactions' series measures net investment in physical capital by non-corporate businesses in the United States. This indicator provides insight into the state of business investment and economic growth.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the net change in fixed assets, such as structures and equipment, for non-corporate businesses that are not part of the financial sector. It represents an important measure of investment and capital formation, which are key drivers of productivity and economic expansion.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
Policymakers and analysts use this metric to assess the health of the broader business sector and inform decisions around fiscal and monetary policy.
Key Facts
- Net capital formation by non-corporate businesses totaled $468 billion in 2021.
- Investment in structures accounts for the largest share of net capital formation.
- Non-corporate businesses make up about 50% of total U.S. business investment.
FAQs
Q: What does this economic trend measure?
A: This series measures the net change in fixed assets, such as structures and equipment, for non-corporate businesses in the United States. It represents an important indicator of investment and capital formation by this sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and investment activity of the broader non-corporate business sector, which is a significant component of the U.S. economy. It is used by policymakers and analysts to assess economic growth and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate the state of business investment and inform decisions around fiscal and monetary policy, as it is a key indicator of economic growth and productivity.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately two to three months, so there may be a delay in accessing the most recent information.
Related Trends
Nonfinancial Noncorporate Business; Proprietors' Equity in Noncorporate Business, Transactions
NNBPENQ027S
Nonfinancial Noncorporate Business; Uses of Property Income (Paid), Transactions
NNBPIPA027N
Nonfinancial Noncorporate Business; Net National Income/Balance of Primary Incomes, Net, Transactions
NNBPINA027N
Nonfinancial Noncorporate Business; Total Mortgages; Liability, Transactions
NNBTMLQ027S
Nonfinancial Noncorporate Business; Taxes Payable; Liability, Level
NNBTPYA027N
Nonfinancial Noncorporate Business; Total Mortgages; Asset, Transactions
NNBTMAA027N
Citation
U.S. Federal Reserve, Nonfinancial Noncorporate Business; Capital Formation, Net, Transactions (NNBCFNA027N), retrieved from FRED.