Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment: Consumption expenditures
A997RN2Q224SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.68
Year-over-Year Change
6700.00%
Date Range
4/1/1972 - 4/1/2025
Summary
This economic trend measures the contributions of national defense consumption expenditures to overall changes in gross domestic product (GDP). It is a key indicator for policymakers and analysts tracking the role of government spending in economic growth.
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 Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment: Consumption expenditures series breaks down how national defense spending, specifically consumption expenditures, impacts quarterly GDP growth. This provides insights into the influence of government fiscal policy on the broader economy.
Methodology
The data is calculated based on national income and product accounts (NIPA) compiled by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and economists closely monitor this trend to understand the macroeconomic effects of changes in military and defense-related spending.
Key Facts
- Consumption expenditures account for over 60% of national defense spending.
- Defense spending has declined as a share of GDP since the 1980s.
- This indicator provides real-time insights on the fiscal policy impacts on economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the contributions of national defense consumption expenditures to quarterly changes in gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into how government fiscal policy, specifically military and defense spending, impacts broader economic growth and performance.
Q: How is this data collected or calculated?
A: The data is calculated based on national income and product accounts (NIPA) compiled by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to understand the macroeconomic effects of changes in military and defense-related spending.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment: Consumption expenditures (A997RN2Q224SBEA), retrieved from FRED.