Chart 1. Consumption of fixed capital: published BEA estimates of private nonresidential fixed assets compared with revised set 1 and set 2 depreciation rate estimates (applied beginning in 1985), in billions of dollars, 1985 to 2019
Year BEA Set 1 Set 2

1985

 $403.65 $711.67 $609.78

1986

 430.63 706.51 617.00

1987

 455.98 703.51 623.00

1988

 489.84 719.74 648.07

1989

 523.79 741.26 675.81

1990

 556.86 762.94 702.80

1991

 585.88 778.20 723.86

1992

 603.09 782.00 732.88

1993

 629.54 801.84 755.94

1994

 664.45 834.63 789.82

1995

 713.36 883.57 838.22

1996

 753.50 925.59 879.14

1997

 802.95 979.07 930.63

1998

 855.69 1,042.12 989.88

1999

 920.75 1,123.46 1,065.64

2000

 1,002.31 1,222.31 1,159.29

2001

 1,063.18 1,290.34 1,225.71

2002

 1,098.20 1,320.69 1,259.44

2003

 1,125.07 1,338.86 1,282.83

2004

 1,177.81 1,391.58 1,338.63

2005

 1,264.29 1,485.82 1,432.59

2006

 1,359.77 1,592.56 1,537.71

2007

 1,447.24 1,690.10 1,633.94

2008

 1,532.59 1,781.20 1,727.20

2009

 1,547.38 1,783.79 1,739.01

2010

 1,558.56 1,775.36 1,739.94

2011

 1,624.35 1,836.22 1,804.04

2012

 1,706.73 1,918.33 1,887.62

2013

 1,778.76 1,992.96 1,961.76

2014

 1,873.55 2,094.49 2,061.79

2015

 1,947.74 2,175.49 2,137.63

2016

 1,995.82 2,225.88 2,178.46

2017

 2,078.96 2,312.80 2,257.46

2018

 2,172.07 2,414.21 2,354.12

2019

 2,285.30 2,537.54 2,473.34

Note: BEA = U.S. Bureau of Economic Analysis.

Source: U.S. Bureau of Economic Analysis and authors’ calculations.