Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment: Consumption expenditures: Gross output of general government: Intermediate goods and services purchased: Services: Weapons support
B912RN2Q224SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.47
Year-over-Year Change
-26.56%
Date Range
4/1/1972 - 4/1/2025
Summary
This economic trend measures the contributions to percent change in national defense consumption expenditures and gross investment, specifically focusing on services for weapons support within the gross output of general government.
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 'Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment: Consumption expenditures: Gross output of general government: Intermediate goods and services purchased: Services: Weapons support' metric provides insights into the components driving changes in national defense spending, which is a key economic indicator.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is used by policymakers, economists, and market analysts to understand the dynamics of national defense spending and its implications for the broader economy.
Key Facts
- National defense spending accounts for a significant portion of the federal budget.
- The 'weapons support' component reflects a key input to national defense activities.
- Changes in this metric can signal shifts in military and security-related priorities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the contributions to percent change in national defense consumption expenditures and gross investment, specifically focusing on the services for weapons support within the gross output of general government.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the dynamics of national defense spending, which is a key economic indicator used by policymakers, economists, and market analysts to understand the broader implications for the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to understand the dynamics of national defense spending and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential revisions of the U.S. Bureau of Economic Analysis.
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Citation
U.S. Bureau of Economic Analysis, Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment: Consumption expenditures: Gross output of general government: Intermediate goods and services purchased: Services: Weapons support (B912RN2Q224SBEA), retrieved from FRED.