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Fixed reproducible tangible wealth in the United States: revised estimates for 1990-92 and summary estimates for 1925-92.

TABLES 1-20 present estimates of fixed reproducible tangible wealth in the United States for 1989-92. These estimates, which cover the stock of privately owned and government-owned durable equipment and structures and of durable goods owned by consumers, incorporate the revised national income and product accounts estimates for 1990-92 that appeared in the August 1993 Survey of Current Business. Estimates of fixed private capital are shown in tables 1-4; fixed nonresidential private capital, in tables 5-8; residential capital, in tables 9-12; government-owned fixed capital, in tables 13-16; and durable goods owned by consumers, in tables 17-20. Tables 21-24 present summary wealth estimates for 1925-92, the entire period for which these estimates are available.

Data availability

A complete set of BEA wealth estimates for the years through 1989 is available in Fixed Reproducible Tangible Wealth in the United States, 1925-89 (see inside back cover for order information). This publication presents annual estimates of gross and net stocks, depreciation, discards, and average ages of gross and net stocks in historical-cost, constant-cost, and current-cost valuations for the types of wealth shown in tables 1-20 and for private and government capital by type of equipment and structures; it also provides the investment data and service lives used to derive the estimates and a statement of the methodology underlying the estimates.

In addition, annual estimates of gross and net stocks, depreciation, and discards in historical-cost, constant-cost, and current-cost valuations for the types of wealth shown in tables 1-20 and for private and government capital by type of equipment and structures, together with the investment data used to derive the estimates, are available on computer tape and on diskettes for the following years: For fixed private capital by industry, 1947--92; for all other estimates, 1925-92. For more information, write to the National Income and Wealth Division (BE-54), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, DC 20230, or call (202) 606-9740.

Note.-John C. Musgrave prepared the wealth estimates, assisted by Heather L. Quick.

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Author:Musgrave, John C.; Quick, Heather L.
Publication:Survey of Current Business
Date:Sep 1, 1993
Words:332
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