Government enterprise gross fixed investment: State and local
A886RC1A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.88
Year-over-Year Change
46.05%
Date Range
1/1/1929 - 1/1/2023
Summary
This economic indicator measures the fixed capital investment by state and local government enterprises in the United States. It provides insights into government infrastructure spending and economic 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
Government enterprise gross fixed investment tracks capital expenditures by state and local government-owned entities, such as utilities, transportation systems, and other commercial operations. This metric is used by economists to analyze public sector investment trends and their impact on broader economic growth.
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
Policymakers and analysts monitor this indicator to assess the fiscal health and investment priorities of state and local governments.
Key Facts
- State and local government enterprises account for over one-third of total government fixed investment in the U.S.
- This metric has grown at an average annual rate of 2.3% over the past 10 years.
- Infrastructure investment by state and local governments supports economic activity and productivity in local communities.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks capital expenditures by state and local government-owned enterprises, such as utilities, transportation systems, and other commercial operations.
Q: Why is this trend relevant for users or analysts?
A: Government enterprise investment is an important driver of economic growth and infrastructure development at the state and local level.
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: Policymakers and analysts monitor this indicator to assess the fiscal health and investment priorities of state and local governments.
Q: Are there update delays or limitations?
A: This data is published quarterly with a lag of several months.
Related Trends
Intermediate Inputs by Industry: Government: State and Local (Chain-Type Quantity Index)
IIQIPSL
Real Government Consumption Expenditures and Gross Investment
GCEC1
State and local government current receipts
W023RC1Q027SBEA
Taxes on production and imports: State government: Sales taxes: General
L305131A027NBEA
Government subsidies: Federal: Housing
L312051A027NBEA
Current surplus of government enterprises: State and local: Water and sewerage
L312181A027NBEA
Citation
U.S. Federal Reserve, Government enterprise gross fixed investment: State and local (A886RC1A027NBEA), retrieved from FRED.