These statistics, based on the 2007 North American Industry Classification System, estimate capitalized and noncapitalized spending in 2010 for Information and Communication Technology (ICT) equipment and computer software at the sector level, as well as for three-digit and selected four-digit industries.
Rapid advances in ICT equipment result in these assets having short
useful lives and being replaced at a much faster rate than other types
of equipment. As a result, rather than capitalizing the value of such
assets and expensing the cost over two or more years, companies often
expense the full cost of such assets during the current annual period.
In some cases this same-period expense is also because companies have
varying dollar levels for capitalization. Hence, the survey gives users a
more complete idea of U.S. companies' total investment in ICT
equipment. The statistics are used to assess future productivity and
economic growth prospects and permit the reconciliation of important
differences between reported production and consumption of technology