General highlights
In 2015, U.S. nonfarm businesses invested $1,638.6 billion in new and used structures and equipment, an increase of 2.5 percent over the revised 2014 total of $1,597.9 billion (See Summary Table A below, and Tables 1a and 1b). Total spending on new structures and new equipment was $1,527.1 billion.
Expenditures in 2015 for new and used structures totaled $645.7 billion (See Figure 1). Of this amount, $592.3 billion (91.7 percent) was spent for new structures. Expenditures for used structures totaled $53.4 billion.
Spending on new and used equipment totaled $992.9 billion in 2015, up $38.6 billion (4.0 percent) from 2014. Of this amount, $934.8 billion (94.1 percent) was for new equipment, an increase of $36.2 billion (4.0 percent) from 2014. Expenditures for used equipment totaled $58.1 billion.
Summary Table A. Capital Expenditures and Relative Standard Errors (RSE) for New and Used Structures and Equipment: 2015 and 2014 Revised |
|||||||
---|---|---|---|---|---|---|---|
Capital Expenditures |
2015 |
2015 RSE (Percent) |
2014 |
2014 RSE |
Difference |
% Change |
|
Total |
1,638.6 |
1.2 |
1,597.9 |
0.9 |
40.7 |
2.5 |
|
New |
1,527.1 |
1.0 |
1,505.6 |
0.9 |
21.5 |
1.4 |
NS |
Used |
111.5 |
9.7 |
92.3 |
5.0 |
19.2 |
20.8 |
NS |
Structures |
645.7 |
2.7 |
643.6 |
2.2 |
2.1 |
0.3 |
NS |
New |
592.3 |
2.0 |
607.0 |
2.0 |
-14.6 |
-2.4 |
NS |
Used |
53.4 |
18.7 |
36.6 |
9.1 |
16.8 |
45.8 |
NS |
Equipment |
992.9 |
0.9 |
954.3 |
0.7 |
38.6 |
4.0 |
|
New |
934.8 |
1.0 |
898.6 |
0.7 |
36.2 |
4.0 |
|
Used |
58.1 |
3.0 |
55.7 |
3.5 |
2.5 |
4.4 |
NS |
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey |
The Annual Capital Expenditures Survey collects data from companies with and without employees. Companies with employees accounted for $1,544.7 billion (94.3 percent) of total capital spending in 2015. These companies invested $603.6 billion in structures. Expenditures on equipment totaled $941.1 billion, up $43.2 billion (4.8 percent) from 2014 (See Figure 2).
Companies without employees accounted for $93.9 billion (5.7 percent) of capital spending in 2015, with $42.1 billion spent on structures and $51.8 billion spent on equipment (See Summary Table B below).
Summary Table B. Capital Expenditures and Relative Standard Errors (RSE) for Structures and Equipment: 2015 and 2014 Revised |
|||||||
---|---|---|---|---|---|---|---|
Capital Expenditures |
2015 |
2015 RSE |
2014 |
2014 RSE |
Difference |
% Change |
|
Total |
1,638.6 |
1.2 |
1,597.9 |
0.9 |
40.7 |
2.5 |
|
Companies with employees |
1,544.7 |
1.3 |
1,506.6 |
0.9 |
38.1 |
2.5 |
NS |
Companies without employees |
93.9 |
4.7 |
91.3 |
5.3 |
2.7 |
2.9 |
NS |
Structures |
645.7 |
2.7 |
643.6 |
2.2 |
2.1 |
0.3 |
NS |
Companies with employees |
603.6 |
2.8 |
608.7 |
2.3 |
-5.1 |
-0.8 |
NS |
Companies without employees |
42.1 |
8.6 |
34.9 |
7.9 |
7.2 |
20.6 |
NS |
Equipment |
992.9 |
0.9 |
954.3 |
0.7 |
38.6 |
4.0 |
|
Companies with employees |
941.1 |
0.9 |
897.9 |
0.6 |
43.2 |
4.8 |
|
Companies without employees |
51.8 |
5.1 |
56.4 |
5.3 |
-4.5 |
-8.1 |
NS |
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
(Data in this section is based on the 2012 North American Industry Classification System. Data is 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, 7 had a statistically significant increase in capital spending in 2015 compared with 2014, 1 had a statistically significant decrease, and 11 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, 33 had a statistically significant increase in spending, 19 had a statistically significant decrease, 77 showed no significant change from the prior year, and 3 have 2015 values suppressed and no comparisons can be made.
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Manufacturing |
239.6 |
231.1 |
3.7% |
NS |
|
Structures |
52.3 |
50.5 |
3.6% |
NS |
|
Equipment |
187.3 |
180.6 |
3.7% |
NS |
|
Durable Goods Industries |
123.0 |
124.8 |
-1.5% |
NS |
|
Structures |
20.9 |
19.5 |
7.0% |
||
Equipment |
102.1 |
105.3 |
-3.0% |
NS |
|
Nondurable Goods Industries |
116.6 |
106.3 |
9.7% |
||
Structures |
31.4 |
31.0 |
1.4% |
NS | |
Equipment |
85.2 |
75.3 |
13.1% |
||
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Mining |
174.7 |
230.8 |
-24.3% |
||
Structures |
140.1 |
187.3 |
-25.2% |
||
Equipment |
34.6 |
43.4 |
-20.3% |
|
|
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Finance and Insurance |
164.5 |
153.3 |
7.3% |
||
Structures |
19.9 |
17.8 |
11.4% |
||
Equipment |
144.6 |
135.4 |
6.8% |
||
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Information |
135.5 |
132.0 |
2.7% |
NS |
|
Structures |
33.0 |
33.3 |
-1.0% |
NS |
|
Equipment |
102.6 |
98.7 |
3.9% |
||
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Real Estate and Rental and Leasing |
152.3 |
121.9 |
24.9% |
NS |
|
Structures |
62.4 |
44.7 |
39.7% |
NS |
|
Equipment |
89.9 |
77.2 |
16.4% |
|
|
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Utilities |
130.2 |
118.9 |
9.5% |
||
Structures |
71.3 |
63.8 |
11.6% |
||
Equipment |
59.0 |
55.1 |
7.1% |
||
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Transportation and Warehousing |
116.7 |
111.0 |
5.1% |
||
Structures |
42.5 |
40.6 |
4.8% |
||
Equipment |
74.2 |
70.5 |
5.3% |
NS |
|
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Health Care and Social Assistance |
93.6 |
89.0 |
5.1% |
NS |
|
Structures |
49.1 |
47.5 |
3.4% |
NS |
|
Equipment |
44.5 |
41.5 |
7.1% |
||
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Retail Trade |
85.8 |
82.4 |
4.2% |
||
Structures |
36.9 |
35.6 |
3.7% |
NS |
|
Equipment |
49.0 |
46.8 |
4.5% |
||
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Wholesale Trade |
42.8 |
44.8 |
-4.3% |
NS |
|
Structures |
12.6 |
12.3 |
2.2% |
NS |
|
Equipment |
30.3 |
32.5 |
-6.7% |
NS |
|
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Accomodation and food services |
32.6 |
29.8 |
9.4% |
NS |
|
Structures |
17.0 |
14.2 |
19.6% |
NS |
|
Equipment |
15.7 |
15.7 |
0.2% |
NS |
|
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Professional, scientific, and technical services |
33.6 |
30.4 |
10.6% |
||
Structures |
8.4 | 7.2 | 16.1% |
||
Equipment |
25.2 | 23.2 | 8.9% |
||
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Construction |
33.5 |
30.3 |
10.6% |
NS |
|
Structures |
2.7 | 3.8 | -30.3% |
NS |
|
Equipment |
30.8 | 26.5 | 16.5% |
|
|
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Educational services |
31.4 |
25.8 |
21.6% |
||
Structures |
24.3 | 19.7 | 23.2% |
||
Equipment |
7.1 | 6.1 | 16.2% |
|
|
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Administrative and support waste and management |
26.4 |
22.6 |
17.0% |
|
|
Structures |
6.5 | 4.1 | 58.9% |
|
|
Equipment |
19.9 | 18.5 | 7.7% |
NS |
|
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Other Services (except public administration) |
23.1 |
20.3 |
14.0% |
NS |
|
Structures |
13.2 | 11.1 | 19.4% |
NS |
|
Equipment |
9.9 | 9.2 | 7.6% |
NS |
|
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Arts, Entertainment, and Recreation |
16.2 |
19.6 |
-17.4% |
NS |
|
Structures |
8.8 | 12.2 | -27.4% |
||
Equipment |
7.3 | 7.4 | -0.9% |
NS |
|
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Management of companies and enterprises |
5.2 |
5.4 |
-3.8% |
NS |
|
Structures |
1.0 | 1.2 | -15.6% |
||
Equipment |
4.1 | 4.1 | -0.2% |
NS |
|
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|
Capital Expenditures for Structures and Equipment for Companies with Employees: 2015 and 2014 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2015 |
2014 |
% Change |
||
Total Forestry, fishing, and agricultural services |
3.4 |
4.0 |
-15.3% |
NS |
|
Structures |
0.6 | 1.0 | -32.6% |
NS |
|
Equipment |
2.7 | 3.0 | -9.8% |
NS |
|
Source: U.S. Census Bureau, 2015 Annual Capital Expenditures Survey
|