Gross private domestic investment

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Table 4.5 Gross private domestic investment

Category

Billions of chained 2012 dollars

Annual rate of change

1998

2008

2018

2028

1998–08

2008–18

2018–28

Gross private domestic investment

$2,026.3

$2,462.9

$3,387.2

$4,405.2

2.0

3.2

2.7

 

Fixed nonresidential investment

1,345.0

1,994.2

2,714.8

3,658.8

4.0

3.1

3.0

Equipment

543.4

824.4

1,271.9

1,855.9

4.3

4.4

3.9

Computers

19.3

79.7

122.8

195.0

15.2

4.4

4.7

Other equipment

564.3

746.0

1,149.2

1,656.9

2.8

4.4

3.7

Intellectual property products

339.9

575.3

905.6

1,247.5

5.4

4.6

3.3

Structures

534.8

605.4

543.3

598.8

1.2

-1.1

1.0

 

Fixed residential structures

605.0

504.6

609.6

684.4

-1.8

1.9

1.2

Single-family

289.6

178.1

217.6

257.8

-4.7

2.0

1.7

Multifamily

41.4

46.0

42.1

45.6

1.1

-0.9

0.8

Other

268.3

279.6

350.5

382.5

0.4

2.3

0.9

 

Change in business inventories

91.9

-32.7

45.1

82.8

6.3

 

Residual1

-123.3

-14.6

11.0

-61.7

Footnotes:
  1 The residual is the difference between the first line and the sum of the most detailed lines.
Note: Dash indicates data not computable or not applicable.
Source: Historical data: Bureau of Economic Analysis; Projected data: Bureau of Labor Statistics.

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Last Modified Date: September 4, 2019