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: Personnel support

B913RN2Q224SBEA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.06

Year-over-Year Change

-98.00%

Date Range

4/1/1972 - 4/1/2025

Summary

This economic trend measures the contributions to the percent change in national defense consumption expenditures and gross investment, specifically focusing on the services component of personnel support within the general government's intermediate goods and services purchased.

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: Personnel support trend provides insights into the drivers of changes in national defense spending, which is a key component of government fiscal policy and the overall economy.

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 trend is used by economists, policymakers, and market analysts to understand the dynamics of national defense spending and its implications for the broader economic landscape.

Key Facts

  • The trend measures the contributions to percent change in national defense spending.
  • It focuses on the services component of personnel support within the general government's intermediate goods and services purchased.
  • The data is collected and calculated by the U.S. Bureau of Economic Analysis.

FAQs

Q: What does this economic trend measure?

A: This trend measures the contributions to the percent change in national defense consumption expenditures and gross investment, specifically focusing on the services component of personnel support within the general government's intermediate goods and services purchased.

Q: Why is this trend relevant for users or analysts?

A: This trend provides important insights into the drivers of changes in national defense spending, which is a key component of government fiscal policy and the overall economy.

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 trend is used by economists, policymakers, and market analysts to understand the dynamics of national defense spending and its implications for the broader economic landscape.

Q: Are there update delays or limitations?

A: The data is published by the U.S. Bureau of Economic Analysis, and update delays or limitations may be subject to their reporting schedule and methodological considerations.

Related Trends

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: Personnel support (B913RN2Q224SBEA), retrieved from FRED.