Real national defense consumption expenditures and gross investment: Residual
A975RX1Q020SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.42
Year-over-Year Change
283.62%
Date Range
1/1/2007 - 4/1/2025
Summary
This trend measures real government spending on national defense and related investment, excluding government compensation and transfer payments. It is an important indicator of fiscal policy and government resource allocation.
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 national defense consumption expenditures and gross investment: Residual' series tracks a specific component of government spending on national security and military operations. It excludes personnel costs and social benefits, providing a narrower view of discretionary defense investment and procurement.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on reports of federal government spending.
Historical Context
This metric is closely watched by policymakers, economists, and defense analysts to assess the real-world impact of defense budgets and priorities.
Key Facts
- Excludes personnel and transfer costs, focusing on discretionary investment.
- Adjusted for inflation to show real changes in defense spending.
- Important indicator of government resource allocation priorities.
FAQs
Q: What does this economic trend measure?
A: This metric tracks real (inflation-adjusted) government spending on national defense and related investment, excluding personnel costs and transfer payments.
Q: Why is this trend relevant for users or analysts?
A: It provides a focused view of discretionary defense spending priorities, separate from broader government compensation and transfer programs.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this series based on reports of federal government spending.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and defense analysts closely monitor this metric to assess the real-world impact of defense budgets and priorities.
Q: Are there update delays or limitations?
A: This series is updated quarterly by the U.S. Bureau of Economic Analysis, with typical lags of 1-3 months.
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Citation
U.S. Federal Reserve, Real national defense consumption expenditures and gross investment: Residual (A975RX1Q020SBEA), retrieved from FRED.