US Private Fixed Investment by Asset Type
US private fixed investment in structures, equipment, and IP products from the BEA.
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | Q3-2023 | Q2-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Private fixed investment2 | 5,809.04 | 5,662.07 | 5,546.79 | 5,478.7 | 5,404.42 | 5,344.02 | 5,244.04 | 5,246.99 | 5,192.51 | 5,139.56 | 5,092.28 | 5,006.33 | 4,943.47 | |
| Nonresidential3 | 4,623.36 | 4,490.52 | 4,364.41 | 4,293.47 | 4,207.51 | 4,137.82 | 4,046.39 | 4,069.19 | 4,012.41 | 3,963.75 | 3,941.34 | 3,871.64 | 3,854.27 | |
| Construction5 | 885.76 | 880.93 | 883.87 | 887.33 | 891.28 | 911.24 | 915.95 | 934.7 | 941.66 | 946.88 | 964.91 | 931.32 | 925.19 | |
| Commercial and health care | 274.43 | 269.3 | 265.37 | 264.03 | 263.52 | 265.01 | 267.99 | 274.46 | 278.79 | 288.18 | 297.64 | 299.24 | 298.22 | |
| Manufacturing | 182.24 | 191.97 | 206.21 | 217.68 | 224.93 | 229.15 | 233.62 | 238.62 | 237.18 | 229.93 | 224.63 | 204.76 | 198.88 | |
| Power and communication | 175.4 | 172.85 | 169.77 | 166.94 | 167.65 | 167.6 | 163.2 | 163.12 | 165.38 | 167.41 | 172.37 | 165.52 | 157.17 | |
| Mining and quarrying exploration, shafts, and wells | 92.66 | 86.26 | 83.95 | 81.79 | 80.03 | 93.49 | 93.33 | 97.65 | 99.21 | 97.57 | 102.15 | 94.02 | 105.69 | |
| Other structures | 161.02 | 160.55 | 158.57 | 156.89 | 155.15 | 155.99 | 157.82 | 160.85 | 161.1 | 163.8 | 168.13 | 167.77 | 165.22 | |
| Equipment4 | 1,864.84 | 1,783.08 | 1,701.3 | 1,669.43 | 1,625.04 | 1,579.11 | 1,502.17 | 1,515.72 | 1,478.52 | 1,440.6 | 1,426.35 | 1,411.24 | 1,411.63 | |
| Information processing equipment2 | 794.89 | 758.82 | 684.76 | 629.97 | 606.52 | 585.18 | 516.79 | 513.92 | 494.17 | 479.69 | 476.17 | 461.31 | 463.4 | |
| Computers and peripheral equipment | 400.63 | 384.18 | 325.36 | 280.93 | 253.79 | 222.84 | 186.12 | 187.72 | 175.58 | 165.51 | 155.07 | 145.64 | 147.46 | |
| Other information processing equipment | 394.26 | 374.64 | 359.4 | 349.04 | 352.73 | 362.35 | 330.67 | 326.2 | 318.59 | 314.18 | 321.1 | 315.67 | 315.95 | |
| Industrial equipment | 374.43 | 353.43 | 349.4 | 346.81 | 338 | 329.12 | 323.18 | 321.72 | 316 | 314.98 | 309.17 | 306.56 | 309.38 | |
| Transportation equipment | 352.95 | 331.67 | 335.29 | 362.61 | 366.68 | 344.63 | 342.93 | 354.85 | 341.47 | 317.79 | 318.61 | 327.3 | 324.22 | |
| Other equipment | 342.56 | 339.16 | 331.87 | 330.04 | 313.84 | 320.18 | 319.28 | 325.24 | 326.88 | 328.14 | 322.4 | 316.08 | 314.62 | |
| Intellectual property products3 | 1,872.76 | 1,826.51 | 1,779.24 | 1,736.71 | 1,691.2 | 1,647.48 | 1,628.27 | 1,618.77 | 1,592.23 | 1,576.27 | 1,550.08 | 1,529.09 | 1,517.46 | |
| Software | 816.63 | 797.65 | 781.6 | 765.54 | 745.93 | 726.02 | 710.24 | 702.93 | 687.42 | 671.39 | 658.54 | 645.44 | 638.39 | |
| Research and development | 936 | 909.51 | 881.51 | 855.58 | 829.77 | 806.27 | 803.05 | 801.36 | 790.76 | 790.64 | 779.92 | 772.65 | 768.12 | |
| Entertainment, literary, and artistic originals | 120.13 | 119.35 | 116.13 | 115.59 | 115.5 | 115.18 | 114.98 | 114.48 | 114.05 | 114.24 | 111.62 | 111 | 110.95 | |
| Residential2 | 1,185.68 | 1,171.55 | 1,182.38 | 1,185.22 | 1,196.91 | 1,206.2 | 1,197.65 | 1,177.8 | 1,180.09 | 1,175.81 | 1,150.94 | 1,134.69 | 1,089.2 | |
| Structures2 | 1,162.96 | 1,149.33 | 1,160.41 | 1,163.4 | 1,175.18 | 1,184.68 | 1,176.01 | 1,156.18 | 1,158.73 | 1,154.68 | 1,129.91 | 1,113.62 | 1,068.08 | |
| Permanent site2 | 523.12 | 518.34 | 519.07 | 524.36 | 537.13 | 550.27 | 544.55 | 547.84 | 568.56 | 572.89 | 568.1 | 557.21 | 522.45 | |
| Single family | 408.36 | 402.88 | 403.48 | 410.01 | 423.02 | 435.05 | 428.95 | 425.29 | 439.95 | 439.77 | 428.68 | 415.28 | 382.47 | |
| Multifamily | 114.76 | 115.46 | 115.59 | 114.35 | 114.11 | 115.22 | 115.6 | 122.55 | 128.61 | 133.11 | 139.42 | 141.94 | 139.98 | |
| Other residential structures | 639.84 | 630.98 | 641.34 | 639.04 | 638.05 | 634.41 | 631.46 | 608.34 | 590.17 | 581.8 | 561.8 | 556.41 | 545.63 | |
| Equipment | 22.72 | 22.23 | 21.96 | 21.82 | 21.73 | 21.52 | 21.64 | 21.62 | 21.36 | 21.13 | 21.04 | 21.07 | 21.12 |
Latest reading
The latest reading is 5,809.04 USD billion, for Q2 2026. That is +2.6% from Q1 2026 and +7.5% from a year earlier. The series on this page is quarterly and runs from Q1 1947 to Q2 2026. Source: BEA (Bureau of Economic Analysis, US).
- Latest
- 5,809.04 USD billion
- Q2 2026
- vs previous period
- +2.6%
- Q1 2026
- vs a year earlier
- +7.5%
About this data
US private fixed investment in structures, equipment, and IP products from the BEA. This quarterly table details capital outlays across nonresidential and residential asset classes, including software, R and D, and structures, since 1947. Figures are presented in billions of dollars.
Frequently asked questions
- What does the US Private Fixed Investment by Asset Type measure?
- It measures capital outlays by businesses and households across major asset classes in the United States, including nonresidential structures, equipment, intellectual property products, and residential structures.
- How often is this data published and how far back does it go?
- The data is published quarterly by the Bureau of Economic Analysis and the historical series extends back to 1947.
- What specific asset categories are included in the table?
- The table breaks down investment into nonresidential structures, equipment such as information processing and transportation, intellectual property products like software and R and D, and residential structures.
- How is private fixed investment different from gross domestic product?
- Private fixed investment is a key component of gross domestic product that measures spending on physical and intellectual assets rather than total final economic output.
