General highlights
In 2021, U.S. nonfarm companies with employees invested $1,681.7 billion in new and used structures and equipment, an increase of $82.9 billion (5.2 percent) from the revised 2020 employer total of $1,598.8 billion (See Summary Table A below, and Tables 1a and 1b). Total spending on new structures and new equipment was $1,578.6 billion, an increase of $72.4 billion (4.8 percent) from the revised 2020 total of $1,506.2 billion. Information on companies without employees was not collected for the 2021 survey.
Expenditures on new and used structures totaled $628.1 billion in 2021, not statistically different from the revised 2020 total of $620.2 billion. (See Figure 1). Of this amount, $579.7 billion (92.3 percent) was spent for new structures, not significantly different from the $581.9 billion in 2020. Expenditures for used structures totaled $48.4 billion, an increase of $10.1 billion (26.2 percent) from the revised 2020 total of $38.3 billion.
Spending on new and used equipment totaled $1,053.6 billion in 2021, an increase of $75.0 billion (7.7 percent) from the revised 2020 total of $978.6 billion. (See Figure 1). Of this amount, $999.0 billion (94.8 percent) was for new equipment, an increase of $74.6 billion (8.1 percent) from the revised 2020 total of $924.4 billion. Expenditures for used equipment totaled $54.7 billion.
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(Data in this section is based on the 2017 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, 8 had a statistically significant increase in capital spending in 2021 compared with 2020, and 2 had a statistically decrease in capital spending, and 9 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 2 and Figure 3).
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Of the 130 industries covered in this report, 40 had a statistically significant increase in spending, 25 had a statistically significant decrease, and 65 showed no statistically significant change from the prior year.
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Manufacturing |
282.2 |
256.7 |
9.9% |
|
|
Structures |
68.6 |
69.1 |
-0.6% |
NS | |
Equipment |
213.6 |
187.7 |
13.8% |
|
|
Durable Goods Industries |
153.7 |
128.3 |
19.8% |
||
Structures |
32.9 |
27.4 |
19.9% |
||
Equipment |
120.8 |
100.9 |
19.7% |
||
Nondurable Goods Industries |
128.5 |
128.4 |
0.1% |
NS | |
Structures |
35.7 |
41.6 |
-14.2% |
||
Equipment |
92.8 |
86.8 |
6.9% |
|
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Information |
194.5 |
169.8 |
14.5% |
||
Structures |
53.3 |
47.8 |
11.3% |
||
Equipment |
141.2 |
121.9 |
15.8% |
||
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Utilities |
177.8 |
182.2 |
-2.4% |
NS |
|
Structures |
86.9 |
96.5 |
-10.0% |
||
Equipment |
90.9 |
85.7 |
6.1% |
||
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Finance and Insurance |
174.3 |
174.9 |
-0.3% |
NS |
|
Structures |
22.2 |
27.5 |
-19.2% |
||
Equipment |
152.1 |
147.4 |
3.2% |
||
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Real Estate and Rental and Leasing |
158.3 |
136.0 |
16.4% |
|
|
Structures |
81.9 |
66.4 |
23.3% |
NS |
|
Equipment |
76.5 |
69.6 |
9.8% |
NS |
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Retail Trade |
120.3 |
105.2 |
14.4% |
|
|
Structures |
52.6 |
43.6 |
20.7% |
|
|
Equipment |
67.7 |
61.6 |
9.9% |
|
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Health Care and Social Assistance |
113.9 |
104.8 |
8.6% |
||
Structures |
64.9 |
59.6 |
9.0% |
NS |
|
Equipment |
49.0 |
45.2 |
8.2% |
|
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Transportation and Warehousing |
93.7 |
97.8 |
-4.2% |
NS |
|
Structures |
36.0 |
39.5 |
-8.8% |
NS |
|
Equipment |
57.7 |
58.3 |
-1.0% |
NS |
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Mining |
91.1 |
97.7 |
-6.7% |
||
Structures |
63.9 |
66.0 |
-3.1% |
NS |
|
Equipment |
27.2 |
31.8 |
-14.2% |
||
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Professional, Scientific, and Technical Services |
46.6 |
40.3 |
15.7% |
|
|
Structures |
10.9 |
11.0 |
-0.5% |
NS |
|
Equipment |
35.7 |
29.3 |
21.7% |
|
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Construction |
44.9 |
52.1 |
-13.9% |
NS |
|
Structures |
5.6 |
10.8 |
-47.6% |
|
|
Equipment |
39.3 |
41.4 |
-5.1% |
NS |
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Wholesale Trade |
40.4 |
36.0 |
12.5% |
|
|
Structures |
11.8 |
9.6 |
22.9% |
|
|
Equipment |
28.6 |
26.3 |
8.7% |
NS |
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Accommodation and Food Services |
30.9 |
30.8 |
0.2% |
NS |
|
Structures |
15.9 |
14.6 |
8.7% |
NS |
|
Equipment |
14.9 |
16.2 |
-7.6% |
NS |
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Educational Services |
28.8 |
32.8 |
-12.2% |
|
|
Structures |
20.9 |
26.1 |
-20.1% |
|
|
Equipment |
8.0 |
6.8 |
18.0% |
|
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Administrative and Support and Waste Management |
26.7 |
28.8 |
-7.3% |
NS |
|
Structures |
4.6 |
5.7 |
-19.1% |
||
Equipment |
22.1 |
23.1 |
-4.4% |
NS |
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Other Services (except public administration) |
25.6 |
22.5 |
13.5% |
NS |
|
Structures |
14.2 |
12.4 |
13.9% |
NS |
|
Equipment |
11.4 |
10.1 |
13.1% |
NS |
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Arts, Entertainment, and Recreation |
18.5 |
17.8 |
4.0% |
NS |
|
Structures |
11.0 |
11.3 |
-2.6% |
NS |
|
Equipment |
7.5 |
6.5 |
15.6% |
NS |
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Management of Companies and Enterprises |
8.1 |
7.1 |
15.2% |
|
|
Structures |
2.0 |
1.7 |
17.6% |
|
|
Equipment |
6.2 |
5.4 |
14.4% |
|
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |
Capital Expenditures for Structures and Equipment for Companies with Employees: 2021 and 2020 Revised (Billions of current dollars) |
|||||
---|---|---|---|---|---|
Capital expenditures |
2021 |
2020 |
% Change |
||
Total Forestry, Fishing, and Agricultural Services |
3.1 |
3.2 |
-5.7% |
NS |
|
Structures |
0.4 |
0.6 |
-33.3% |
|
|
Equipment |
2.7 |
2.7 |
0.0% |
NS |
|
Source: U.S. Census Bureau, 2021 Annual Capital Expenditures Survey Note: Detail may not add to total because of rounding. NS: Not Statistically Significant See Technical Documentation Methodology Data Quality for information on sampling variability, confidence intervals and statistical significance. |