2014 Annual Capital Expenditures Survey

In 2014, U.S. businesses (nonfarm) invested $1.6 trillion in new and used buildings, structures, machinery and equipment (including computer software), up $110.8 billion (7.4 percent) from 2013. Investment spending in the mining sector totaled $228.7 billion in 2014, up $26.5 billion (13.1 percent) from 2013, with the oil and gas extraction industry accounting for $196.0 billion of the total spending, up $29.1 billion (17.5 percent) from 2013.

The Census Bureau’s Annual Capital Expenditures Survey provides estimates of all business expenditures during the year for new and used structures and equipment chargeable to asset accounts for which depreciation or amortization accounts are ordinarily maintained. Expenditures also include capitalized leasehold improvements and capitalized interest charges on loans used to finance capital projects.

2013 Capital Spending Report

This report provides a historical look at the industry investment shares and capital spending patterns for structures and equipment by all U.S. businesses with and without employees at the national and industry sector level. Sector level data are available only for businesses with employees. Data from this report comes from the Annual Capital Expenditures Survey and covers 2004-2013. 

Internet address: <http://www.census.gov/econ/aces/>.

Per Student Public Education Spending Decreases in 2011 for First Time in Nearly Four Decades

Fiscal year 2011 marked the first decrease in per student public education spending since the U.S. Census Bureau began collecting data on an annual basis in 1977, according to new statistics released this week (dollars not adjusted for inflation). The 50 states and the District of Columbia spent $10,560 per student in 2011, down 0.4 percent from 2010. The top spenders were New York ($19,076), the District of Columbia ($18,475), Alaska ($16,674), New Jersey ($15,968) and Vermont ($15,925).

Total expenditures by public elementary and secondary school systems totaled $595.1 billion in 2011, down 1.1 percent from 2010. This is the second time total expenditures have shown a year-to-year decrease, the first time being 2010.

The findings come from Public Education Finances: 2011. These statistics provide figures on revenues, expenditures, debt and assets (cash and security holdings) of the nation's elementary and secondary public school systems for the 2011 fiscal year. The release includes detailed statistics on spending — such as instruction, student transportation, salaries and employee benefits — at the national, state and school district levels.

Of the $595.1 billion in total expenditures for public school systems, $522.1 billion is comprised of current spending (i.e. operational expenditures, not including long-term debt). Expenditure for instruction amounted to $316.3 billion (60.6 percent) of the total current spending, while costs for support services amounted to $178.7 billion (34.2 percent). Instructional salaries were the largest expenditure category for public elementary and secondary education, accounting for $208.8 billion in 2011.

On the revenue side, public schools received $599.1 billion in total revenue for 2011, an increase of 1.1 percent from 2010. The largest source of revenue is from state governments at $265.9 billion (44.4 percent of total revenue), followed by local governments at $259.5 billion (43.3 percent) and the federal government providing $73.7 billion (12.3 percent).

States that had the highest percentage of their total public school revenue coming from federal funding included Mississippi (22.3 percent of the statewide education revenue), South Dakota (20.3 percent), Louisiana (18.7 percent), Alaska (17.8 percent), Florida (17.8 percent) and New Mexico (17.7 percent).

Conversely, states that had the lowest percentage of their total school revenue coming from federal funding were New Jersey (5.1 percent), New Hampshire (6.5 percent), Vermont (7.1 percent), Massachusetts (7.8 percent), Minnesota (7.8 percent) and Connecticut (8.3 percent).

Other highlights:

--Property taxes accounted for 65.6 percent of revenue from local sources for public school systems.

--Of the 100 largest school systems by enrollment in the U.S., New York City School District ($19,770) in New York had the highest current spending per student in 2011, followed by Baltimore City Public Schools in Maryland ($15,483), Montgomery County Public Schools in Maryland ($15,421), Milwaukee Public School in Wisconsin ($14,244) and Prince George's County Public Schools in Maryland ($13,775).

--States spending the least per student were Mississippi ($7,928), Arizona ($7,666), Oklahoma ($7,587), Idaho ($6,824) and Utah ($6,212).

--Eight out of nine states in the Northeast region of the U.S. were ranked among the top 15 in current spending per student in 2011. The remaining state in the northeast, Maine, was ranked 17th. Out of the 16 states with the lowest per student spending, 15 were in the South and West regions. The remaining state, South Dakota, was in the Midwest.

Multinational Companies: Employment, Sales, and Capital Expenditures for 2011

Worldwide employment by U.S. multinational companies (MNCs) increased 1.5 percent in 2011 to 34.5 million workers, with the increase primarily reflecting increases abroad. In the United States, employment by U.S. parent companies increased 0.1 percent to 22.9 million workers, compared with a 1.8 percent increase in total private-industry employment in the United States.2 The total employment by U.S. parents accounted for roughly one-fifth of total U.S. employment in private industries. Abroad, employment by majority-owned foreign affiliates of U.S. MNCs increased 4.4 percent to 11.7 million workers.

Worldwide capital expenditures by U.S. MNCs increased 16.7 percent in 2011 to $706 billion. Capital expenditures in the United States by U.S. parent companies increased 17.1 percent to $514 billion. Capital expenditures abroad by their majority-owned foreign affiliates increased 15.4 percent to $192 billion. As shown in table 1, capital expenditures have varied widely in recent years.

Sales by U.S. parent companies increased 9.4 percent in 2011 to $10,696 billion. Sales by their majority-owned foreign affiliates increased 15.8 percent to $5,985 billion.3


More from BEA here.

Estimates for Multinational Companies: Employment, Sales, and Capital Expenditures for 2010

The following are 2010 advanced and 2009 revised summary estimates of the employment, capital spending, and sales activity of U.S. multinational companies (comprising both their U.S. and foreign operations) and the corresponding activity of foreign multinational companies in the United States.

Worldwide employment by U.S. multinational companies (MNCs) increased 0.5 percent in 2010, to 34.0 million workers, with increases in both the United States and abroad. Employment in the United States by U.S. parent companies increased 0.1 percent, to 23.0 million workers, which contrasted with a 0.6 percent decrease in total private-industry employment in the United States. The employment by U.S. parents accounted for roughly one-fifth of total U.S. employment in private industries. Abroad, employment by the majority-owned foreign affiliates of U.S. MNCs increased 1.5 percent, to 11.0 million workers.

Worldwide capital expenditures by U.S. MNCs increased 3.9 percent in 2010, to $621 billion. Capital expenditures in the United States by U.S. parent companies increased 3.3 percent, to $447 billion. Capital expenditures abroad by their majority- owned foreign affiliates increased 5.5 percent, to $173 billion.

Annual Capital Expenditures Survey (ACES)

PURPOSE

To provide broad-based statistics on business spending for new and used structures and equipment. United States Code, Title 13, authorizes this survey and provides for mandatory responses. The survey is also referred to as the ACES program.
COVERAGE

All domestic, private, non-farm businesses, including agricultural non-farm (NAICS Subsectors 113, 114 and 115) including nonemployer businesses. Major exclusions are foreign operations of U.S. businesses, businesses in U.S. territories, government operations (including the U.S. Postal Service), agricultural production companies, and private households.
CONTENT

Basic data for each year include expenditures on new and used structures and equipment (including added expenditure detail by type of structure, and by type of equipment in years ending in 3 and 8).
FREQUENCY

Data collection begins in mid-March and continues for 9 months; data are for activities in the prior calendar year. Basic annual data are supplemented on a 5-year cycle; 5th year supplements provide added detail by type of structure and by type of equipment. Data has been collected annually beginning with data for 1993.

More here.

Revenues and Expenditures for Public Elementary and Secondary Education: School Year 2008–09

This First Look report presents state-level data on revenues by source and expenditures by function for public elementary and secondary education for school year 2008-09. Part of the Common Core of Data (CCD), this report presents data submitted annually to NCES by state education agencies in the 50 states and the District of Columbia. Findings include: • Current expenditures per pupil for public elementary and secondary education were $10,591 in Fiscal Year (FY) 2009. • Adjusting for inflation, per pupil state and local revenues decreased by 1 percent or more in 16 states and increased by 1 percent or more in 25 states from FY 08 to FY 09. • Between FY 08 and FY 09, per pupil current expenditures decreased by 1 percent or more in 8 states and increased by 1 percent or more in 36 states.

Annual Capital Expenditures Survey

The Annual Capital Expenditures Survey (ACES) provides data on capital spending for new and used structures and equipment by U.S. nonfarm businesses with and without employees. Data have been collected annually beginning with data for 1994. Also, every five years, for years ending in "3" and "8", detailed data by types of structures and types of equipment have been collected from companies with employees. In 2010, it was decided that this detailed data should be collected for years ending in "2" and "7" beginning in 2013, to align with the years in which the Economic Census is conducted. United States Code, Title 13, authorizes this survey and makes responding mandatory; it also protects the confidentiality of respondents and the data they provide.