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United States yearbook - 1982 (1)

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538 Business Enterprise<br />

No. 903. F ix e d N o n r e s i d e n t i a l B u s in e s s C a p i t a l — C o s t V a l u a t i o n in C u r r e n t a n d C o n s t a n t<br />

( 1 9 7 2 ) D o l l a r s : 1 9 6 0 t o 1 9 8 1<br />

[In billions of dollars. Stocks as of Dec. 31; depreciation over entire calendar year. Data refer to privately owned assets and are<br />

based on the fixed capital formation components of the gross national product. Excludes residential capital and government<br />

enterprises; includes nonprofit institutions. Gross stocks allow for retirement; net stocks allow for retirement and depreciation.<br />

Estimates are based on straight-line depreciation and 85 percent of service lives given in B u lle tin F , Internal Revenue Service.<br />

For single-year figures prior to revisions issued in 1981 and data In constant (1958) dollars, see H is to ric a l S ta tis tic s o f th e U n ited<br />

S ta te s , C o lo n ia l T im e s to 1 97 0, series F 480-527]<br />

ITEM 1960 1965 1970 1974 1975 1976 1977 1978 1979 1980 1981<br />

CURRENT DOLLARS<br />

A ll industries:1<br />

Gross stocks.............. 685.9 851.6 1,363.6 2,262.1 2,470.6 2,670.8 3 ,0 0 3 .9 3,414.8 3,920.1 4,461.4 5,014.2<br />

Equipment............... 336.4 411.5 645.1 1,010.8 1,157.3 1,277.7 1,433.6 1,626.1 1,8 5 8 .5 2,117.1 2,403.5<br />

Structures................ 349.5 440.1 718.6 1,251.3 1,313.3 1,393.0 1,570.3 1,788.6 2 ,0 6 1 .7 2,344.3 2,610.7<br />

Net stocks 300.2 487,2 807.3 1,334.7 1,440.8 1,542.8 1,726.8 1,960.3 2 ,2 4 8 .2 2,547.5 2,849.2<br />

Equipment............... 101.9 226.7 368.9 576.0 651.4 712.5 797.6 907.3 1,0 3 8 .8 1,176.1 1,324.4<br />

Structures................ 190.3 260.5 430.4 758.7 789.4 830.3 929.3 1,053.0 1,2 0 9 .4 1,371.4 1,524.8<br />

Depreciation....... ........ 3 6 .2 43.9 69.8 106.9 126.8 139.0 154.4 175.2 2 0 1 .6 2 3 1.6 262.4<br />

Equipment............... 24.8 30.0 47.5 70.2 84.8 94.7 106.0 119.7 137.0 156.9 178.3<br />

Structures................ 11.4 13.9 22.2 36.7 42.0 44.4 48.3 55.5 64,6 74.7 84.1<br />

Manufacturing:<br />

Gross stocks.............. 179.4 217.2 343.6 529.2 577.3 623.0 703.1 797.5 922.4 1,058.1 1,196.2<br />

Equipment............... 103.3 126.1 198.1 299.4 348.3 386.0 438.7 496.5 5 7 7 .6 673.1 782.1<br />

Structures................ 76.1 91.1 145.5 229.7 229.1 237.0 264.4 301.0 3 4 4 .8 385.0 414.1<br />

Net stocks.................. 95.6 116.4 191.2 292.7 319.3 343.6 387.3 438.2 5 0 8 .8 586.3 663.8<br />

Equipment............... 54.7 68.2 112.3 170.4 198.2 219.0 248.8 281.0 328.1 363.8 445.3<br />

Structures................ 40.9 48.1 78.9 122.3 121.2 124.8 138.5 157.2 180.7 202,5 218.5<br />

Depreciation................ 10.0 12.0 18.9 26.5 31.6 34.5 38.5 43.2 50.1 58,5 67.2<br />

Equipment............... 7.3 8.8 14.0 19.0 23.3 26.1 29.5 33.2 38.5 45.1 52.8<br />

Structures................ 2.7 3.1 4.9 7.5 6.3 8.4 8.9 10.1 11.7 13.4 14.4<br />

Nonfarm nonmfg:<br />

Gross stocks.............. 452.6 570.4 927.2 1,581.5 1,728.6 1,866.0 2 ,0 9 4 .2 2,375.8 2 ,7 2 1 .5 3,091.0 3,471.7<br />

Equipment............... 199.6 246.7 394.9 629.9 716.4 787.1 877.4 992.5 1 ,1 2 6 .4 1,269.1 1,423.5<br />

Structures................ 253-0 323.7 532.3 951.7 1,012.2 1,078.9 1,216.8 1,383.3 1,595.1 1,822.0 2,046.1<br />

Net slocks 255.0 335.0 563.1 954.8 1,026.4 1,093.9 1,219.9 1,3 8 2 .0 1,5 7 9 .3 1,782.5 1,990.3<br />

Equipment............... 109.9 138.0 226.3 360.3 401.5 434.9 483.1 549.7 6 2 4 .6 6 9 6 .6 773.1<br />

Structures................ 145.1 196.9 334.7 594.5 624.9 658.9 7 3 6 .8 832.3 9 5 4 .7 1,065.9 1,217.2<br />

Depreciation................ 23.0 28.3 45.7 72.8 66.2 94.6 104.7 119.2 136.7 156.2 176.5<br />

Equipment............. 14.0 18.2 29.4 45.4 54.5 60.6 67.5 76.3 86.9 98.4 110.6<br />

Structures................ 8.2 10.1 16.2 27.4 31.7 34.0 37.2 42.9 49.8 57.8 65.9<br />

CONSTANT (1 9 7 2 ) DOLLARS<br />

All Industries:1<br />

Gross stocks.............. 977.9 1,155.3 1,452.6 1,714.7 1,766.9 1,821.9 1,880.0 1,969.8 2 ,0 5 6 .8 2,1 3 7 .5 2,220.2<br />

Equipment.............. . 427.4 504.6 665.1 819.2 850.7 885.4 929.4 985.8 1,045.1 1,097.2 1,148.0<br />

Structures............... . 550.5 650.6 787.5 895.5 916.1 936.5 958.6 984.0 1 ,0 1 1 .7 1,040.3 1,072.2<br />

Net stocks.................. 543.2 662.9 860.1 1,012.4 1,033.7 1,056.9 1,089.5 1,135.3 1 ,1 0 4 .6 1,226.3 1,268.5<br />

Equipment...... - ....... 229.7 276.9 379.7 467.8 460.4 495.7 519.2 553.2 588.7 615.6 641.1<br />

Structures.............. . 313.6 386.0 480.3 544.6 553.3 561.2 570.3 5B2.1 5 9 5 .9 610.5 627.5<br />

Depreciation.............. . 49.5 56.2 76.2 92.1 96.1 99.6 103.8 109.2 115.3 121.3 126.6<br />

Equipmenl............... 31.8 37.3 50.8 63.4 66.6 69.4 73.0 77.5 8 2 .8 87.8 92.3<br />

Structures............... 17.7 20.9 25.4 28.7 29.5 30.1 30.8 31.6 32.5 33.5 34.5<br />

Manufacturing:<br />

Gross stocks...... ....... 263.9 296.0 363.6 407.7 420.1 433.6 4 5 0 .8 4 6 9 .6 4 9 4 .7 523.7 553.8<br />

Equipment............... 136.2 157.3 204.4 241.5 253.0 265.4 2 8 1 .0 2 9 7 .8 3 1 9 .7 3 4 5 .8 372.5<br />

Structures................ 127.7 138.7 159.1 166.2 167.1 168.2 169.7 172.0 175.0 177.9 181.3<br />

Net stocks.................. 140.4 158.1 202.2 225.9 232.7 239.7 2 4 9 .2 259.5 275.1 2 9 3 .6 311.8<br />

Equipment.............. 71.9 84.6 116.8 137.4 144.3 161.1 160.3 169.7 1 8 3 .3 2 0 0 .0 216.1<br />

Structures............... 68.6 73.2 66.3 88.5 88.4 88.6 86.9 89.9 91.7 93.6 95.7<br />

Depreciation............... 14.1 15.9 20.4 23.0 24.0 25.0 26.2 27.6 29.4 31.7 34.3<br />

Equipment.............. 9.6 11.1 14.8 17.1 18.0 19.0 20.1 21.5 23.1 25.3 27.8<br />

Structures........... 4.4 4.8 5.6 5.9 6.0 6.0 6.1 6.1 6.2 6.4 6.5<br />

Nonfarm nonmfg:<br />

Gross stocks___ ......... 635.2 772.8 966.7 1,193.3 1,228.5 1,265.1 1,3 0 9 .0 1,365.9 1 ,4 2 2 .7 1,471.3 1,521.7<br />

Equipment.............. 246.5 299.6 405.0 514.6 532.0 551.6 5 7 7 .3 613.6 6 4 7 .8 672.4 695.7<br />

Structures............... 368.6 473.2 583.7 678.7 696.5 713.5 7 3 1 .7 752.4 7 7 4 .9 7 9 8 .9 825.9<br />

Net stocks............ . 3S9.2 456.1 600.7 721.1 732.6 745.8 765.8 797.8 8 2 6 .6 6 5 1 .0 674.9<br />

Equipment..-........ ... 134.8 166.9 233.6 295.3 299.4 306.2 319.1 341.8 3 6 1 .9 3 7 2 .4 382.1<br />

Structures ........... 224.4 2 8 9 .2 366.9 425.7 433.2 4 3 9 .6 4 4 6 .7 4 5 6 .0 4 6 6 .6 4 7 8 .6 492.8<br />

Depreciation............... 30.9 37.5 50.1 62.7 65.4 67.7 70.4 74.0 78.1 81.5 84.3<br />

Equipment.............. 16.5 22.5 31.5 41.3 43.3 45.0 47.1 50.1 5 3 .4 56.1 68.0<br />

Structures................ 12.4 15.0 18.5 21.5 22.1 22.7 23.3 23.9 2 4 .6 25.4 26.3<br />

1Includes farm, not shown separately.<br />

Source: U.S. Bureau of Economic Analysis, F ix e d R e p ro d u c ib le T a n g ib le W e a lth in th e U n ite d S ta te s , 1 9 2 5 -7 9 , and S u rv e y o f<br />

C u rre n t B u s in e s s , August 1962.

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