September 1993

September 1993 SURVEY OF CURRENT BUSINESS 6l

Fixed Reproducible Tangible in the United States: Revised Estimates for 1990-92 and Summary Estimates for 1925-92

TABLES 1-20 present estimates of fixed reproducible tangible and net stocks in historical-cost, constant-cost, and current-cost wealth in the United States for 1989-92. These estimates, valuations for the types of wealth shown in tables 1-20 and which cover the stock of privately owned and government- for private and government by type of equipment and owned durable equipment and structures and of durable goods structures; it also provides the data and service lives owned by consumers, incorporate the revised national income used to derive the estimates and a statement of the methodology and product accounts estimates for 1990-92 that appeared in underlying the estimates. the August 1993 SURVEY OF CURRENT BUSINESS. Estimates of In addition, annual estimates of gross and net stocks, de- fixed private capital are shown in tables 1-4; fixed nonresidential preciation, and discards in historical-cost, constant-cost, and private capital, in tables 5-8; residential capital, in tables 9-12; current-cost valuations for the types of wealth shown in tables 1- government-owned fixed capital, in tables 13-16; and durable 20 and for private and government capital by type of equipment goods owned by consumers, in tables 17-20. Tables 21-24 present and structures, together with the investment data used to derive summary wealth estimates for 1925-92, the entire period for the estimates, are available on computer tape and on diskettes which these estimates are available. for the following years: For fixed private capital by industry, Data availability 1947-92; for all other estimates, 1925-92. For more informa- tion, write to the National Income and Wealth Division (BE-54), A complete set of BEA wealth estimates for the years through Bureau of Economic Analysis, U.S. Department of Commerce, 1989 is available in Fixed Reproducible Tangible Wealth in the Washington, DC 20230, or call (202) 606-9740. United States, 1925-89 (see inside back cover for order infor- mation). This publication presents annual estimates of gross NOTE.—John C. Musgrave prepared the wealth estimates, and net stocks, , discards, and average ages of gross assisted by Heather L. Quick.

Tables 1 through 24 follow.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis