Table 5.2.5. Gross and Net Domestic Investment by Major Type

Annual

			Billions of Dollars
	Line	Name	2024	Preceding Period	Year Ago from Period
	line 1	Gross domestic investment	6,308.623	5,998.984	5,998.984
	line 2	Less: Consumption of fixed capital	4,796.699	4,570.723	4,570.723
	line 3	Equals: Net domestic investment	1,511.924	1,428.262	1,428.262
	line 4	Gross private domestic investment	5,259.320	5,023.712	5,023.712
	line 5	Less: Consumption of fixed capital	3,992.907	3,800.377	3,800.377
	line 6	Equals: Net private domestic investment	1,266.413	1,223.334	1,223.334
	line 7	Fixed investment	5,205.774	4,970.003	4,970.003
	line 8	Less: Consumption of fixed capital	3,992.907	3,800.377	3,800.377
	line 9	Equals: Net fixed investment	1,212.867	1,169.625	1,169.625
	line 10	Nonresidential	4,022.935	3,855.957	3,855.957
	line 11	Less: Consumption of fixed capital	3,194.090	3,026.607	3,026.607
	line 12	Equals: Net nonresidential	828.845	829.350	829.350
	line 13	Structures	934.799	926.792	926.792
	line 14	Less: Consumption of fixed capital	599.578	587.646	587.646
	line 15	Equals: Net structures	335.221	339.146	339.146
	line 16	Equipment	1,484.254	1,404.659	1,404.659
	line 17	Less: Consumption of fixed capital	1,269.545	1,221.513	1,221.513
	line 18	Equals: Net equipment	214.709	183.146	183.146
	line 19	Intellectual property products	1,603.882	1,524.507	1,524.507
	line 20	Less: Consumption of fixed capital	1,324.967	1,217.448	1,217.448
	line 21	Equals: Net intellectual property products	278.915	307.058	307.058
	line 22	Residential	1,182.839	1,114.045	1,114.045
	line 23	Less: Consumption of fixed capital	798.817	773.770	773.770
	line 24	Equals: Net residential	384.022	340.275	340.275
	line 25	Change in private inventories	53.546	53.709	53.709
	line 26	Gross government investment	1,049.304	975.273	975.273
	line 27	Less: Consumption of fixed capital	803.792	770.345	770.345
	line 28	Equals: Net government investment	245.512	204.927	204.927
	line 29	Federal	57.570	50.847	50.847
	line 30	National defense	18.288	14.228	14.228
	line 31	Nondefense	39.282	36.619	36.619
	line 32	State and local	187.942	154.080	154.080
	line 33	Structures	500.192	456.240	456.240
	line 34	Less: Consumption of fixed capital	327.088	318.861	318.861
	line 35	Equals: Net structures	173.104	137.379	137.379
	line 36	Federal	-3.010	-4.320	-4.320
	line 37	National defense	-3.311	-5.247	-5.247
	line 38	Nondefense	0.301	0.927	0.927
	line 39	State and local	176.115	141.699	141.699
	line 40	Equipment	194.284	185.079	185.079
	line 41	Less: Consumption of fixed capital	177.063	170.232	170.232
	line 42	Equals: Net equipment	17.221	14.848	14.848
	line 43	Federal	14.681	11.220	11.220
	line 44	National defense	12.936	9.319	9.319
	line 45	Nondefense	1.746	1.901	1.901
	line 46	State and local	2.540	3.628	3.628
	line 47	Intellectual property products	354.827	333.953	333.953
	line 48	Less: Consumption of fixed capital	299.641	281.253	281.253
	line 49	Equals: Net intellectual property products	55.186	52.700	52.700
	line 50	Federal	45.899	43.948	43.948
	line 51	National defense	8.664	10.157	10.157
	line 52	Nondefense	37.235	33.791	33.791
	line 53	State and local	9.288	8.753	8.753
		Addenda:
	line 54	Gross domestic fixed investment	6,255.077	5,945.275	5,945.275
	line 55	Less: Consumption of fixed capital	4,796.699	4,570.723	4,570.723
	line 56	Equals: Net domestic fixed investment	1,458.378	1,374.553	1,374.553