Table 5.—Real Private Fixed Investment

[Seasonally adjusted at annual rates]

Billions of chained (1996) dollars Percent change from preceding quarter
Level Change from preceding quarter 1999
1999 1999 I II III IV
IV I II III IV
Private fixed investment1,615.833.425.126.38.59.16.66.82.1
Nonresidential1,242.021.920.231.47.77.87.010.92.5
Structures243.4–3.8–3.4–2.4–2.7–5.8–5.3–3.8–4.3
Nonresidential buildings, including farm176.5–.8–5.4–4.0–.7–1.8–11.1–8.4–1.7
Utilities37.4–.6–.1.5–1.1–5.7–1.55.3–10.5
Mining exploration, shafts, and wells23.5–2.01.01.7–.8–30.119.535.6–13.2
Other structures6.2–.21.1–.8–.1–12.3100.1–38.2–5.5
Equipment and software1,008.027.225.235.711.412.511.215.74.7
Information processing equipment and software538.521.930.625.012.521.028.621.69.8
Computers and peripheral equipment/1/242.015.119.520.68.538.646.944.515.5
Software/2/155.53.85.45.03.511.716.114.39.4
Other177.66.910.66.32.919.629.915.76.9
Industrial equipment154.7–3.91.63.44.7–9.94.39.812.9
Transportation equipment200.65.0.812.4–3.411.21.628.7–6.5
Of which: Motor vehicles162.82.23.714.0–7.26.010.341.0–15.9
Other129.46.0–3.7–3.2–.718.7–10.2–8.7–2.7
Residential376.111.15.1–3.71.012.95.5–3.81.0
Single-family structures195.96.50–4.14.214.4–.1–8.09.1
Multifamily structures22.82.2–.40–.148.7–6.5–.8–.8
Other/3/157.42.35.6.5–3.36.115.41.2–7.9

1. Includes new computers and peripheral equipment only.

2. Excludes software "embedded," or bundled, in computers and other equipment.

3. "Other" residential investment includes home improvements, new manufactured home sales, brokers' commissions on home sales, residential equipment, net purchases of used structures, and other residential structures (which consists primarily of dormitories and of fraternity and sorority houses).

NOTE.—See note to table 1 for an explanation of chained (1996) dollar series. Chained (1996) dollar levels and residuals are shown in NIPA tables 5.5 and 8.9B (motor vehicles). Percent changes in major aggregates are shown in NIPA table S.1.

DCSIMG