Chart 1. Consumption of fixed capital: published BEA estimates of private nonresidential fixed assets compared with revised set 1 and set 2 depreciation rate estimates (applied beginning in 1985), in billions of dollars, 1985 to 2019
Year BEA Set 1 Set 2

1985

$403.65 $711.67 $609.78

1986

430.63 706.51 617.00

1987

455.98 703.51 623.00

1988

489.84 719.74 648.07

1989

523.79 741.26 675.81

1990

556.86 762.94 702.80

1991

585.88 778.20 723.86

1992

603.09 782.00 732.88

1993

629.54 801.84 755.94

1994

664.45 834.63 789.82

1995

713.36 883.57 838.22

1996

753.50 925.59 879.14

1997

802.95 979.07 930.63

1998

855.69 1,042.12 989.88

1999

920.75 1,123.46 1,065.64

2000

1,002.31 1,222.31 1,159.29

2001

1,063.18 1,290.34 1,225.71

2002

1,098.20 1,320.69 1,259.44

2003

1,125.07 1,338.86 1,282.83

2004

1,177.81 1,391.58 1,338.63

2005

1,264.29 1,485.82 1,432.59

2006

1,359.77 1,592.56 1,537.71

2007

1,447.24 1,690.10 1,633.94

2008

1,532.59 1,781.20 1,727.20

2009

1,547.38 1,783.79 1,739.01

2010

1,558.56 1,775.36 1,739.94

2011

1,624.35 1,836.22 1,804.04

2012

1,706.73 1,918.33 1,887.62

2013

1,778.76 1,992.96 1,961.76

2014

1,873.55 2,094.49 2,061.79

2015

1,947.74 2,175.49 2,137.63

2016

1,995.82 2,225.88 2,178.46

2017

2,078.96 2,312.80 2,257.46

2018

2,172.07 2,414.21 2,354.12

2019

2,285.30 2,537.54 2,473.34

Note: BEA = U.S. Bureau of Economic Analysis.

Source: U.S. Bureau of Economic Analysis and authors’ calculations.