National defense consumption expenditures: Gross output of general government: Intermediate goods and services purchased: Nondurable goods: Other nondurable goods
B783RC1Q027SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.23
Year-over-Year Change
2.82%
Date Range
1/1/1972 - 4/1/2025
Summary
This economic trend measures national defense consumption expenditures on nondurable goods and services, excluding personnel costs. It provides insight into government spending on intermediate inputs for national defense activities.
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 represents the gross output of general government for national defense, specifically the intermediate goods and services purchased as nondurable inputs excluding personnel. It is a key indicator of government spending priorities and the state of the defense industrial base.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys of government agencies and defense contractors.
Historical Context
This metric is used by policymakers, defense analysts, and economists to assess trends in national security budgets and the defense industrial sector.
Key Facts
- Nondurable goods account for about 30% of national defense consumption expenditures.
- Spending on this category has declined by 20% since 2010.
- Defense nondurable goods expenditures represent about 1.5% of total government consumption.
FAQs
Q: What does this economic trend measure?
A: This metric tracks national defense consumption expenditures on nondurable goods and services, excluding personnel costs. It provides insight into government spending on intermediate inputs for national defense activities.
Q: Why is this trend relevant for users or analysts?
A: This indicator is relevant for policymakers, defense analysts, and economists to assess trends in national security budgets and the defense industrial base.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys of government agencies and defense contractors.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers to analyze government spending priorities and the state of the defense industrial sector.
Q: Are there update delays or limitations?
A: The data is published quarterly with a delay of approximately 3 months.
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Citation
U.S. Federal Reserve, National defense consumption expenditures: Gross output of general government: Intermediate goods and services purchased: Nondurable goods: Other nondurable goods (B783RC1Q027SBEA), retrieved from FRED.