National defense consumption expenditures: Gross output of general government: Intermediate goods and services purchased: Services: Weapons support
B912RC1Q027SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.09
Year-over-Year Change
40.88%
Date Range
1/1/1972 - 4/1/2025
Summary
This economic trend measures the gross output of general government on intermediate goods and services for weapons support, which is a key indicator of national defense spending.
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 'National defense consumption expenditures: Gross output of general government: Intermediate goods and services purchased: Services: Weapons support' series represents the value of goods and services purchased by the government for weapons-related activities. This metric provides insight into the scale and composition of national defense expenditures.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys of government agencies and contractors.
Historical Context
This trend is closely monitored by policymakers, defense analysts, and investors to assess changes in military spending and its economic impact.
Key Facts
- Weapons support accounts for a significant portion of overall national defense expenditures.
- This metric has seen steady growth over the past decade.
- Changes in weapons support spending can impact broader economic indicators like GDP and employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the gross output of general government on intermediate goods and services for weapons support, which is a key component of national defense spending.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the scale and composition of government spending on national defense, which is a crucial factor for policymakers, defense analysts, and investors.
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 contractors.
Q: How is this trend used in economic policy?
A: Changes in weapons support spending are closely monitored by policymakers, as they can impact broader economic indicators like GDP and employment.
Q: Are there update delays or limitations?
A: The data is typically released on a quarterly basis with a short delay, and may be subject to revisions as more information becomes available.
Related Trends
Real Gross Output of General Government: Intermediate Goods and Services Purchased
W104RL1A225NBEA
Local government current tax receipts: Taxes on production and imports
W8735C1A027NBEA
Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment: Consumption expenditures: Gross output of general government: Value added: Compensation of general government employees: Civilian
W090RN2A224NBEA
Intermediate Inputs by Industry: Government: Federal (Chain-Type Price Index)
IIPIF
State and Local Government Gross Investment
SLINV
Contribution to Percent Change in Real Government Consumption Expenditures and Gross Investment: Gross Investment: Intellectual Property Products
Y055RZ2Q224SBEA
Citation
U.S. Federal Reserve, National defense consumption expenditures: Gross output of general government: Intermediate goods and services purchased: Services: Weapons support (B912RC1Q027SBEA), retrieved from FRED.