In 2014, U.S. nonfarm businesses invested $1,602.1 billion in new and used structures and equipment, an increase of 7.4 percent over the revised 2013 total of $1,491.3 billion (See Summary Table A below, and Tables 1a and 1b). Total spending on new structures and new equipment was $1,508.4 billion, an increase of 7.3 percent over the revised 2013 total of $1,405.4 billion.

Expenditures in 2014 for new and used structures totaled $636.2 billion (See Figure 1). Of this amount, $599.1 billion (94.2 percent) was spent for new structures. Expenditures for used structures totaled $37.1 billion.

Spending on new and used equipment totaled $965.9 billion in 2014, up $56.4 billion (6.2 percent) from 2013. Of this amount, $909.3 billion (94.1 percent) was for new equipment, an increase of $53.3 billion (6.2 percent) from 2013. Expenditures for used equipment totaled $56.5 billion.

Summary Table A. Capital Expenditures and Relative Standard Errors (RSE) for New and Used Structures and Equipment: 2014 and 2013 Revised (Billions of current dollars)
Capital Expenditures	2014	2014 RSE	2013	2013 RSE	Difference	% Change
Total	1,602.1	0.9	1,491.3	0.9	110.8	7.4
New	1,508.4	0.8	1,405.4	0.9	103.0	7.3
Used	93.7	5.0	85.9	5.5	7.7	9.0	NS
Structures	636.2	2.2	581.8	1.3	54.4	9.3
New	599.1	2.0	549.4	1.3	49.7	9.0
Used	37.1	9.1	32.5	7.4	4.7	14.3	NS
Equipment	965.9	0.6	909.5	1.2	56.4	6.2
New	909.3	0.6	856.0	1.1	53.3	6.2
Used	56.5	3.5	53.5	5.8	3.1	5.7	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

The Annual Capital Expenditures Survey collects data from companies with and without employees. Companies with employees accounted for $1,510.8 billion (94.3 percent) of total capital spending in 2014. These companies invested $601.3 billion in structures. Expenditures on equipment totaled $909.5 billion, up $54.7 billion (6.4 percent) from 2013 (See Figure 2).

Companies without employees accounted for $91.3 billion (5.7 percent) of capital spending in 2014, with $34.9 billion spent on structures and $56.4 billion spent on equipment (See Summary Table B below).

Summary Table B. Capital Expenditures and Relative Standard Errors (RSE) for Structures and Equipment: 2014 and 2013 Revised (Billions of current dollars)
Capital Expenditures	2014	2014 RSE	2013	2013 RSE	Difference	% Change
Total	1,602.1	0.9	1,491.3	0.9	110.8	7.4
Companies with employees	1,510.8	0.9	1,400.9	0.9	109.9	7.8
Companies without employees	91.3	5.3	90.4	12.1	0.8	0.9	NS
Structures	636.2	2.2	581.8	1.3	54.4	9.3
Companies with employees	601.3	2.3	546.1	1.5	55.2	10.1
Companies without employees	34.9	7.9	35.8	10.1	-0.9	-2.5	NS
Equipment	965.9	0.6	909.5	1.2	56.4	6.2
Companies with employees	909.5	0.5	854.8	0.8	54.7	6.4
Companies without employees	56.4	5.3	54.7	19.1	1.7	3.2	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Highlights by business sector for companies with employees (See Tables 2, 3, and 4)

(Data in this section are based on the 2007 North American Industry Classification System. Data are only for companies with employees because companies without employees are not asked to report capital expenditures by sector or industry.)

Of the 19 NAICS major industry sectors covered in this report, 9 had a statistically significant increase in capital spending in 2014 compared with 2013, 2 had a statistically significant decrease, and 8 showed no statistically significant change. The values of structures and equipment may not sum to the values of total capital expenditures due to rounding (See Summary Chart A below, Figure 3, and Figure 4).

Of the 132 industries covered in this report, 41 had a statistically significant increase in spending, 15 had a statistically significant decrease, and 76 showed no statistically significant change from the prior year.

Manufacturing

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Manufacturing	230.9	221.3	4.3%	NS
Structures	50.3	46.6	8.0%	NS
Equipment	180.6	174.8	3.4%	NS
Durable Goods Industries	125.0	121.5	2.9%	NS
Structures	19.5	20.3	-4.0%	NS
Equipment	105.5	101.2	4.3%	NS
Nondurable Goods Industries	105.9	99.9	6.1%
Structures	30.8	26.3	17.3%
Equipment	75.1	73.6	2.1%	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Durable Good Industries and Nondurable Good Industries [<1.0 MB]

Mining

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Mining	228.7	202.2	13.1%
Structures	178.6	152.4	17.2%
Equipment	50.1	49.8	0.6%	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Mining [<1.0 MB]

Finance and Insurance

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Finance and Insurance	153.4	137.8	11.3%
Structures	18.2	15.5	17.6%
Equipment	135.2	122.4	10.5%
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Finance and Insurance [<1.0 MB]

Information

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Information	131.3	123.9	6.0%
Structures	33.3	33.3	-0.1%	NS
Equipment	98.1	90.6	8.3%
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Information [<1.0 MB]

Real Estate and Rental and Leasing

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Real Estate and Rental and Leasing	121.2	114.2	6.1%	NS
Structures	44.8	39.4	13.9%	NS
Equipment	76.3	74.8	2.0%	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Real Estate [<1.0 MB]

Utilities

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Utilities	120.2	111.3	8.0%
Structures	63.8	58.1	10.0%
Equipment	56.4	53.3	5.9%
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Utilities [<1.0 MB]

Transportation and Warehousing

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Transportation and Warehousing	109.3	92.6	18.1%
Structures	40.5	37.6	7.7%
Equipment	68.8	55.0	25.2%
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Transportation and warehousing [<1.0 MB]

Health Care and Social Assistance

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Health Care and Social Assistance	88.9	94.2	-5.7%
Structures	47.2	49.4	-4.4%	NS
Equipment	41.7	44.8	-7.0%
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Health Care and Social Assistance [<1.0 MB]

Retail Trade

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Retail Trade	82.7	77.5	6.6%
Structures	35.6	33.9	5.2%	NS
Equipment	47.0	43.7	7.7%
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Retail Trade [<1.0 MB]

Wholesale Trade

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Wholesale Trade	44.8	37.5	19.5%
Structures	12.3	9.7	27.1%	NS
Equipment	32.6	27.8	16.9%	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Wholesale Trade [<1.0 MB]

Accommodation and food services

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Accomodation and food services	36.1	34.5	4.5%	NS
Structures	14.7	16.3	-9.6%	NS
Equipment	21.3	18.2	17.1%	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Accomodation and food services [<1.0 MB]

Professional, scientific, and technical services

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Professional, scientific, and technical services	31.2	35.7	-12.5%
Structures	7.4	8.6	-14.1%
Equipment	23.8	27.1	-12.0%
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Professional, scientific, and technical services [<1.0 MB]

Construction

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Construction	30.3	27.6	9.8%	NS
Structures	3.8	2.5	49.9%	NS
Equipment	26.5	25.0	5.8%	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Construction [<1.0 MB]

Educational services

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Educational services	25.8	22.6	14.2%
Structures	19.7	16.6	18.9%
Equipment	6.1	6.0	1.3%	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Educational services [<1.0 MB]

Administrative and support waste and management

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Administrative and support waste and management	22.5	21.8	3.3%	NS
Structures	4.1	4.1	-1.2%	NS
Equipment	18.4	17.6	4.3%	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Administrative and support waste and management [<1.0 MB]

Other Services (except public administration)

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Other Services (except public administration)	20.3	18.6	9.2%	NS
Structures	11.0	11.0	0.0%	NS
Equipment	9.3	7.6	22.5%
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Other Services (except public administration) [<1.0 MB]

Arts, Entertainment, and Recreation

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Arts, Entertainment, and Recreation	20.4	15.0	36.3%
Structures	12.8	8.3	55.5%
Equipment	7.6	6.7	12.6%	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Arts, Entertainment, and Recreation [<1.0 MB]

Management of companies and enterprises

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Management of companies and enterprises	5.5	6.1	-10.8%	NS
Structures	1.2	1.6	-21.1%
Equipment	4.2	4.6	-7.2%	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Management of companies and enterprises [<1.0 MB]

Forestry, fishing, and agricultural services

Capital Expenditures for Structures and Equipment for Companies with Employees: 2014 and 2013 Revised (Billions of current dollars)
Capital expenditures	2014	2013	% Change
Total Forestry, fishing, and agricultural services	3.9	3.0	33.2%	NS
Structures	1.0	0.5	95.2%	NS
Equipment	3.0	2.5	20.9%	NS
Source: U.S. Census Bureau, 2014 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See the "Reliability of the Estimates" Section of Sampling and Estimation Methodologies for information on sampling variability, confidence intervals and statistical significance.

Forestry, fishing, and agricultural services [<1.0 MB]

Methodology

January 16, 2020

The methods we use to collect and produce ACES including sampling, questions, collection, review, quality, weighting, etc.

Data User Notice posted July 25, 2016: Census Bureau staff identified a processing error that affects selected relative standard errors from the Annual Capital Expenditures Survey (ACES). As a result, we have corrected the values in table 1c and 1d of the 2014 ACES publication. This processing error did not affect other tables in these publications.