Monday, February 26, 2007

Annual Capital Expenditures - 2005 Report

From the Census Deparment:


Capital Spending Up 10 Percent, Reaches $1.1 Trillion

Businesses invested $1.15 trillion in new and used structures and equipment in 2005, the largest increase since 2000, the U.S. Census Bureau reports.

The 2005 level surpassed the 2004 total of $1.04 trillion by 10 percent, according to the Annual Capital Expenditures: 2005 report, based on the Annual Capital Expenditures Survey (ACES).

The report can be accessed at: http://www.census.gov/prod/2007pubs/ace-05.pdf
Spending on new structures and equipment accounted for almost $1.07 trillion or
93.2 percent of the 2005 total. Nearly two-thirds of this spending ($702.2 billion) went for new equipment, with the rest ($365.7 billion) allocated to new structures.

These and other findings are included in the report, which defines capital goods as business assets that have an expected use of more than one year and are usually depreciated. The report shows estimates of investment by all nonfarm businesses, including businesses with and without employees.