Real federal government consumption expenditures: Defense consumption expenditures: Gross output of general government: Value added: Consumption of general government fixed capital
B432RX1Q020SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
181.23
Year-over-Year Change
6.57%
Date Range
1/1/2007 - 4/1/2025
Summary
This economic trend measures the real value of defense-related government consumption expenditures, which is a key component of overall government spending and GDP.
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 Federal Government Consumption Expenditures: Defense series tracks the inflation-adjusted spending on goods and services by the federal government for national defense. This data is used by economists to analyze the role of government spending in the broader economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts monitor this metric to understand the fiscal and macroeconomic impacts of defense spending.
Key Facts
- Defense spending accounts for over 50% of total federal government consumption.
- This metric is adjusted for inflation to track real purchasing power.
- Government consumption is a key component of Gross Domestic Product (GDP).
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted value of consumption expenditures by the federal government for national defense purposes.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers, economists, and market participants to understand the role of government spending, particularly defense outlays, in the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the fiscal and macroeconomic impacts of changes in defense spending by the federal government.
Q: Are there update delays or limitations?
A: This data is published quarterly by the Bureau of Economic Analysis with a typical release lag of 2-3 months.
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Citation
U.S. Federal Reserve, Real federal government consumption expenditures: Defense consumption expenditures: Gross output of general government: Value added: Consumption of general government fixed capital (B432RX1Q020SBEA), retrieved from FRED.