Gross private domestic investment

Gross Private Domestic Investment is the measure of investment used to compute GDP. This is an important component of GDP because it provides an indicator of the future productive capacity of the economy. It includes replacement purchases plus net additions to capital assets plus investments in inventories. It usually amounts to between 15 and 18 percent of GDP. Net investment is gross investment minus depreciation.
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 Private fixed investment and change in private inventories. It is measured without a deduction for  consumption of fixed capital (CFC), includes replacements and additions to the capital stock, and excludes investment by U.S. residents in other countries. Related terms: gross investment, gross domestic investment.