Real National Defense Gross Investment: Equipment: Other Equipment
B879RL1Q225SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.10
Year-over-Year Change
-126.45%
Date Range
4/1/1972 - 4/1/2025
Summary
The 'Real National Defense Gross Investment: Equipment: Other Equipment' metric measures investment in non-aerospace military equipment by the U.S. government. It is a key indicator of defense spending and national security priorities.
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 economic series tracks the real (inflation-adjusted) dollar value of purchases of non-aerospace military equipment, such as vehicles, communications gear, and other materiel, by the U.S. federal government for national defense purposes. It provides insight into the government's investment in military capabilities.
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 metric is closely watched by policymakers, defense analysts, and economists to assess trends in defense spending and the military's technological and industrial base.
Key Facts
- Equipment investment accounts for over a third of total U.S. defense spending.
- This metric has declined in real terms since the early 2000s.
- Military equipment procurement is a major driver of U.S. industrial activity.
FAQs
Q: What does this economic trend measure?
A: This metric measures real (inflation-adjusted) government investment in non-aerospace military equipment, such as vehicles, communications gear, and other materiel, for national defense purposes.
Q: Why is this trend relevant for users or analysts?
A: This series provides insight into defense spending priorities and the government's investment in military capabilities, which is closely watched by policymakers, defense analysts, and economists.
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 metric is used by policymakers, defense analysts, and economists to assess trends in defense spending and the military's technological and industrial base.
Q: Are there update delays or limitations?
A: There may be some delay in the availability of this data, as it is part of the comprehensive National Income and Product Accounts.
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Citation
U.S. Federal Reserve, Real National Defense Gross Investment: Equipment: Other Equipment (B879RL1Q225SBEA), retrieved from FRED.