Total capital expenditures for buildings, structures, machinery, and equipment (new and used) ($1,000)

{
  "id": "MLC-T-ECS-001940",
  "term": "Total capital expenditures for buildings, structures, machinery, and equipment (new and used) ($1,000)",
  "field": "Economic statistics",
  "definition": "This term refers to the total capital expenditures for buildings, structures, machinery, and equipment (new and used). It includes the current expenditures for property, equipment, and capital improvements that were or will be chargeable to the fixed asset accounts and for which depreciation or amortization accounts are ordinarily maintained.\n\nData are shown in thousands of dollars ($1,000).\n\nSector-Specific Information:\n\nManufacturing Sector\n\nTotal capital expenditures are comprised of two types of expenditures for the Manufacturing Industry:\n\n• Capital expenditures for buildings and other structures ($1,000) - New and used buildings and other structures, excluding the value of the land on which structure stand.\n\n• Capital expenditures for machinery and equipment ($1,000) - New and used production machinery and equipment, including furniture and fixtures for offices.\n\nThe capital expenditures for machinery and equipment is further broken down into three different types:\n\n• Capital expenditures for automobiles, trucks, etc. for highway use ($1,000) - Purchased vehicles which are purchased for highway use and vehicle acquired under a lease-purchase agreement, excluding off-highway vehicles leased.\n\n• Capital expenditures for computers and peripheral data processing equipment ($1,000) - Purchased computers and related equipment.\n\n• Capital expenditures for all other machinery and equipment ($1,000) - Additional new and used production machinery and equipment not included in capital expenditures for automobiles or computers and data processing equipment.\n\nMining Sector\n\nTotal capital expenditures are comprised of four types of expenditures for the Mining Industry:\n\n• Capital expenditures (except land and mineral rights) ($1,000) - Value of buildings or other structures completed or equipment put in place throughout the year.\n\n• Total capital expenditures for buildings, structures, machinery, and equipment (new and used) ($1,000) - New and used buildings and other structures, excluding the value of the land on which structure stand.\n\n• Capital expenditures for mineral exploration and development ($1,000) - Tangible development and exploration outlays that is charged to a capital or Office of Minerals Exploration account, including shafts, surveying, rail and other road construction.\n\n• Capital expenditures for mineral land and rights ($1,000) - Capitalized lease outlays necessary to acquire leases, undeveloped or developed acreage, mineral rights, and fee lands incident to mineral exploration, development, and production.\n\nAssets, Depreciation, and Retirements\n\nConstruction and Manufacturing Sectors\n\nDepreciable assets are the buildings, structures, machinery, and equipment owned by an establishment or its parents firm for which depreciation accounts are ordinarily maintained, The assets at the beginning of the year plus total capital expenditures, less retirements, equals assets at the end of the year.\n\n• Gross value of depreciable assets (acquisition costs), beginning of year ($1,000) - Improvements and new construction in progress, but not completed at year-end.\n\n• Gross value of depreciable assets (acquisition costs), end of year ($1,000) - Used buildings, machinery, and equipment at their purchase.\n\n• Total retirements ($1,000) - Value of asset sold, retired, scrapped, destroyed, etc. including the retirements of any equipment or structures owned.\n\n• Total depreciation during year ($1,000) - All reported outlays during the year for buildings and other structures, machinery, and equipment that are chargeable to the fixed asset account, and for which depreciation or amortization reserves are maintained.",
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/total-capital-expenditures-for-buildings-structures-machinery-and-equipment-new/"
}