Real National Defense Consumption Expenditures: Gross Output of General Government: Intermediate Goods and Services Purchased: Services: Transportation of Material
B786RL1Q225SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.80
Year-over-Year Change
-162.07%
Date Range
4/1/1972 - 4/1/2025
Summary
This economic trend measures the real value of national defense consumption expenditures on intermediate services, specifically transportation of material. It provides insight into the government's demand for logistics services as part of national defense operations.
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
Real National Defense Consumption Expenditures: Gross Output of General Government: Intermediate Goods and Services Purchased: Services: Transportation of Material is a key indicator of the government's logistics and transportation spending related to national defense. This data series is used by economists and policymakers to analyze trends in defense spending and the broader economic impact.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
This economic indicator is relevant for understanding government fiscal policy and the role of the public sector in the broader economy.
Key Facts
- National defense accounts for over 15% of total U.S. government spending.
- Transportation of material is a significant component of defense logistics and operations.
- This data series is inflation-adjusted to show real changes in defense transportation spending.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real value of national defense consumption expenditures on intermediate services, specifically transportation of material. It provides insight into the government's demand for logistics services as part of national defense operations.
Q: Why is this trend relevant for users or analysts?
A: This indicator is relevant for understanding government fiscal policy and the role of the public sector in the broader economy, as national defense spending is a major component of overall government expenditures.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: This economic indicator is used by economists and policymakers to analyze trends in defense spending and the broader economic impact.
Q: Are there update delays or limitations?
A: As with other government economic data, there may be update delays or limitations in coverage or scope, which should be considered when interpreting the data.
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Citation
U.S. Federal Reserve, Real National Defense Consumption Expenditures: Gross Output of General Government: Intermediate Goods and Services Purchased: Services: Transportation of Material (B786RL1Q225SBEA), retrieved from FRED.