Real national defense consumption expenditures: Gross output of general government: Intermediate goods and services purchased: Durable goods: Missiles
B277RX1Q020SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.10
Year-over-Year Change
35.16%
Date Range
1/1/2007 - 4/1/2025
Summary
The 'Real national defense consumption expenditures: Gross output of general government: Intermediate goods and services purchased: Durable goods: Missiles' trend measures spending on missile procurement by the U.S. government. This data is a key indicator of defense industry activity and national security priorities.
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
This series tracks the real (inflation-adjusted) dollar value of missile purchases made by the U.S. federal government as part of national defense expenditures. It is an important metric for analyzing defense budgets, military procurement, and the economic health of the aerospace and weapons manufacturing sectors.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis (BEA) as part of the National Income and Product Accounts (NIPA).
Historical Context
Policymakers and defense industry analysts closely monitor this trend to assess government investment in military capabilities and the impact on the broader economy.
Key Facts
- Missile purchases account for a significant portion of the U.S. defense budget.
- This data series dates back to 1947 and is updated quarterly.
- Trends in missile spending can signal shifting military priorities and technological advancements.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real (inflation-adjusted) dollar value of missile purchases made by the U.S. federal government as part of national defense expenditures.
Q: Why is this trend relevant for users or analysts?
A: This data is an important indicator of defense industry activity, military procurement priorities, and the economic impact of government investment in national security capabilities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis (BEA) as part of the National Income and Product Accounts (NIPA).
Q: How is this trend used in economic policy?
A: Policymakers and defense industry analysts closely monitor this trend to assess government investment in military capabilities and the impact on the broader economy.
Q: Are there update delays or limitations?
A: This data series dates back to 1947 and is updated quarterly by the BEA.
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Citation
U.S. Federal Reserve, Real national defense consumption expenditures: Gross output of general government: Intermediate goods and services purchased: Durable goods: Missiles (B277RX1Q020SBEA), retrieved from FRED.