Real Government Consumption Expenditures and Gross Investment: Federal
A823RL1Q225SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.70
Year-over-Year Change
12.12%
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. It is a key indicator of fiscal policy and public sector activity.
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 trend represents inflation-adjusted spending on goods and services by the federal government. This data is used by economists and policymakers to analyze the role of government in the broader economy.
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 informs assessments of fiscal policy, government budgets, and the public sector's contribution to economic growth.
Key Facts
- Federal government spending accounts for around 20% of total U.S. GDP.
- This indicator has remained relatively stable since the 2008 financial crisis.
- Federal investment and consumption peaked during the COVID-19 pandemic in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures real (inflation-adjusted) government consumption expenditures and gross investment by the U.S. federal government.
Q: Why is this trend relevant for users or analysts?
A: This data is a key indicator of fiscal policy and the public sector's role in the broader economy, informing assessments of government budgets, spending, and economic growth.
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 trend informs analyses of fiscal policy, government budgets, and the public sector's contribution to economic growth by policymakers, economists, and market analysts.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately one month, and may be subject to revisions by the statistical agency.
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Citation
U.S. Federal Reserve, Real Government Consumption Expenditures and Gross Investment: Federal (A823RL1Q225SBEA), retrieved from FRED.