National income without capital consumption adjustment: Government
B436RC1Q027SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,600.95
Year-over-Year Change
18.86%
Date Range
1/1/1948 - 4/1/2025
Summary
This economic indicator measures the government's portion of the U.S. national income, excluding the effects of capital consumption. It provides insight into the public sector's contribution to the overall economy.
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
National income without capital consumption adjustment: Government represents the government's share of total national income in the United States. This metric excludes depreciation of government capital assets, offering a clearer picture of the public sector's economic role and impact.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national income and product accounts.
Historical Context
This indicator is used by economists and policymakers to analyze the size and influence of the government within the broader economy.
Key Facts
- Government's share of national income was 16.7% in Q4 2022.
- This metric has ranged from 13.9% to 18.4% over the past 20 years.
- The government's economic role is an important consideration for fiscal and monetary policy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the government's portion of total U.S. national income, excluding the effects of capital depreciation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the public sector's economic role and influence, which is crucial for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national income and product accounts.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to analyze the size and impact of the government within the broader economy, informing fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Economic Analysis, with a typical lag of 2-3 months.
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Citation
U.S. Federal Reserve, National income without capital consumption adjustment: Government (B436RC1Q027SBEA), retrieved from FRED.