Gross government saving: State and local
A925RC1Q027SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
345.97
Year-over-Year Change
-33.96%
Date Range
1/1/1947 - 1/1/2025
Summary
Gross government saving: State and local measures the net saving of state and local governments in the United States. It is an important indicator of fiscal policy and the overall health of state and local public finances.
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
Gross government saving: State and local represents the difference between government revenue and expenditure for state and local governments. It provides insight into the ability of these jurisdictions to fund current and future spending and service public debt.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
This metric is closely watched by policymakers, analysts, and investors to assess the fiscal positions of state and local governments.
Key Facts
- State and local governments account for over $3 trillion in annual spending.
- Gross government saving helps determine states' ability to fund infrastructure, education, and social services.
- Positive gross saving indicates state/local governments are generating surplus funds.
FAQs
Q: What does this economic trend measure?
A: Gross government saving: State and local measures the net saving of state and local governments in the United States. It represents the difference between government revenue and expenditure at the state and local level.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the fiscal health and sustainability of state and local public finances, which is crucial for policymakers, investors, and the general public.
Q: How is this data collected or calculated?
A: The data is 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: Gross government saving: State and local is closely monitored by policymakers, analysts, and investors to assess the fiscal positions of state and local governments and their ability to fund current and future spending.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, so there may be delays in accessing the most recent information.
Related Trends
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Selected Government Consumption Expenditures and Gross Investment: State and Local: Net Health: Sales to other sectors
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Local government: Net lending or net borrowing (-)
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State and local government current receipts: Income receipts on assets: Interest receipts
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Federal grants-in-aid to state and local governments: Income security: Disability
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Citation
U.S. Federal Reserve, Gross government saving: State and local (A925RC1Q027SBEA), retrieved from FRED.