Government social insurance funds: Current state and local receipts: Interest received
B746RC1A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.37
Year-over-Year Change
-26.00%
Date Range
1/1/1946 - 1/1/2023
Summary
This economic trend measures interest received by state and local government social insurance funds, which are important sources of revenue for social programs.
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 Government Social Insurance Funds: Current State and Local Receipts: Interest Received metric tracks the interest income earned by state and local government social insurance funds, such as those that manage public pensions and unemployment insurance. This provides insight into a key revenue stream for these critical social programs.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is used by policymakers and economists to understand the financial health and sustainability of government social insurance programs.
Key Facts
- Interest received by state and local social insurance funds was $58 billion in 2021.
- This metric has declined from a peak of $92 billion in 2007.
- Social insurance funds invest in a range of assets to generate interest income.
FAQs
Q: What does this economic trend measure?
A: This trend measures the interest income earned by state and local government social insurance funds, such as those that manage public pensions and unemployment insurance.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into a key revenue stream for critical social programs, helping policymakers and economists assess the financial health and sustainability of government social insurance.
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: This metric is used by policymakers and economists to understand the financial status of government social insurance programs and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions by the statistical agency.
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Citation
U.S. Federal Reserve, Government social insurance funds: Current state and local receipts: Interest received (B746RC1A027NBEA), retrieved from FRED.