Real national defense gross investment: Equipment: Missiles
B875RX1A020NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.55
Year-over-Year Change
-0.80%
Date Range
1/1/2007 - 1/1/2024
Summary
The 'Real national defense gross investment: Equipment: Missiles' trend measures government spending on missile equipment for national defense purposes. This metric is closely watched by economists and policymakers as an indicator of defense priorities and military modernization.
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 real, inflation-adjusted value of government investment in missile equipment for national defense. It is a component of the broader 'national defense gross investment' category and provides insight into equipment procurement and technological advancement within the defense industry.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
Trends in missile equipment investment are relevant for assessing defense budgets, military readiness, and the state of the domestic defense industrial base.
Key Facts
- Missile equipment is a key component of national defense investment.
- Trends in this metric reflect priorities in military modernization.
- The data is collected as part of the National Income and Product Accounts.
FAQs
Q: What does this economic trend measure?
A: This trend measures government spending on missile equipment for national defense purposes, providing insight into military procurement and technological advancement.
Q: Why is this trend relevant for users or analysts?
A: Trends in missile equipment investment are closely watched by economists and policymakers as an indicator of defense priorities and the state of the domestic defense industrial base.
Q: How is this data collected or calculated?
A: The data is collected 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 trend is relevant for assessing defense budgets, military readiness, and the health of the domestic defense industry.
Q: Are there update delays or limitations?
A: The data is published regularly as part of the National Income and Product Accounts, with typical update schedules and limitations associated with that statistical program.
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Citation
U.S. Federal Reserve, Real national defense gross investment: Equipment: Missiles (B875RX1A020NBEA), retrieved from FRED.