Real Government Consumption Expenditures and Gross Investment: Federal: Nondefense: Consumption Expenditures
A542RL1Q225SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-17.70
Year-over-Year Change
27.34%
Date Range
4/1/1947 - 4/1/2025
Summary
This economic trend measures real government consumption expenditures and gross investment by the U.S. federal government for nondefense purposes, excluding national defense spending. It provides important insights into fiscal policy and the government's role in the overall economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Real Government Consumption Expenditures and Gross Investment: Federal: Nondefense: Consumption Expenditures metric tracks the inflation-adjusted value of federal government spending on goods and services, excluding national defense. It is a key indicator of fiscal policy and the government's economic influence beyond military operations.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
This trend is closely monitored by economists, policymakers, and market analysts to assess the government's fiscal stance and its potential impact on overall economic growth.
Key Facts
- Federal nondefense spending accounts for around 12% of total U.S. GDP.
- This metric has shown steady growth over the past decade.
- Nondefense spending is a key component of fiscal stimulus during recessions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted value of federal government consumption expenditures and gross investment for nondefense purposes, excluding national defense spending.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the government's fiscal stance and its role in the broader economy, beyond just military spending. It is closely watched by economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, economists, and analysts to assess the government's fiscal position and its potential impact on overall economic growth and stability. It informs decisions around fiscal policy, stimulus measures, and the role of government in the economy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis by the U.S. Bureau of Economic Analysis, with a typical lag of 1-2 months. There may be occasional revisions to historical data as more information becomes available.
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Citation
U.S. Federal Reserve, Real Government Consumption Expenditures and Gross Investment: Federal: Nondefense: Consumption Expenditures (A542RL1Q225SBEA), retrieved from FRED.