Release: NBER Macrohistory Database
Kuznets Derived This Series By Adding Four Component Series: Nonfarm Residential (NBER 02209), Private Nonresidential, Public, Excluding Military And Military. Kuznets' Measures Of Capital Consumption Are Intended To Include Not Only Physical Deterioration But Also Depletion, Obsolescence, Accidental Losses Or Damage To Capital, And Demolition. They Are Calculated On A Replacement-Cost Basis. See Lipsey And Preston, P. 253, And The Kuznets Source Work Cited Above. Source: Annual Estimates Underlying Five-Year Moving Averages From: Kuznets, Simon, "Capital In The American Economy: Its Formation And Financing, " (Princeton University Press For NBER, 1961).
This NBER data series a02207 appears on the NBER website in Chapter 2 at http://www.nber.org/databases/macrohistory/contents/chapter02.html.
NBER Indicator: a02207
National Bureau of Economic Research, Net Total Construction, Including Oil and Gas Well Drilling for United States [A02207USA398NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/A02207USA398NNBR, February 28, 2020.