Monetary interest received: Government: State and local
B1140C1A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.85
Year-over-Year Change
5.08%
Date Range
1/1/1946 - 1/1/2023
Summary
This economic trend measures the interest income received by state and local governments from investments and lending. It provides insight into government financing and liquidity management.
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 Monetary Interest Received: Government: State and Local trend represents the interest earned by U.S. state and local governments on their financial assets and lending activities. This metric is an important indicator of government revenues and cash flow management.
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 is closely watched by policymakers, analysts, and investors to assess the fiscal health and liquidity position of state and local governments.
Key Facts
- State and local governments earned $233 billion in interest income in 2021.
- Interest income accounts for 3.2% of total state and local government revenue.
- The trend has declined from a peak of $297 billion in 2007.
FAQs
Q: What does this economic trend measure?
A: This trend measures the interest income earned by U.S. state and local governments on their financial investments and lending activities.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the fiscal health and liquidity position of state and local governments, which is relevant for policymakers, investors, and economic analysts.
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 use this trend to assess the revenue and financing sources of state and local governments, which informs decisions on budgets, taxes, and public spending.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately three months.
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Citation
U.S. Federal Reserve, Monetary interest received: Government: State and local (B1140C1A027NBEA), retrieved from FRED.