Contributions to Percent Change in the Chain-Type Price Index for GDP by Industry: Government: Federal
CPGDPPIF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.24
Year-over-Year Change
41.18%
Date Range
4/1/2005 - 1/1/2025
Summary
The 'Contributions to Percent Change in the Chain-Type Price Index for GDP by Industry: Government: Federal' measures changes in the price index for the federal government sector of the U.S. economy. It is a key indicator for understanding inflationary pressures and economic performance.
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 tracks the contribution of the federal government sector to the overall change in the chain-type price index for gross domestic product (GDP). It provides insight into the cost drivers and price dynamics within the public sector, which is important for economic analysis and policymaking.
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 widely used by economists, policymakers, and market analysts to assess the broader economic climate and inflationary trends.
Key Facts
- The federal government accounts for approximately 18% of U.S. GDP.
- Prices in the federal government sector have risen at a slower pace than the overall economy since 2015.
- Monitoring this index helps policymakers understand cost pressures facing the public sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the contribution of the federal government sector to the overall change in the chain-type price index for gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the cost drivers and price dynamics within the public sector, which is crucial for economic analysis and policymaking.
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 widely used by economists, policymakers, and market analysts to assess the broader economic climate and inflationary pressures.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a typical delay of two to three months.
Related Trends
State and Local government current receipts: Coverage differences: State and local employee retirement plan transactions: Contributions (NIPA vs. Census)
L319041A027NBEA
Real Government Consumption Expenditures and Gross Investment: Federal
A823RL1Q225SBEA
Gross Output by Industry: Government: Federal (Chain-Type Quantity Index)
GOQIF
Real gross value added: GDP: General government
A765RX1Q020SBEA
Government social insurance funds: Current state and local expenditures
A745RC1A027NBEA
Federal government expenditures: Netting and grossing differences: Other
M318431Q027NBEA
Citation
U.S. Federal Reserve, Contributions to Percent Change in the Chain-Type Price Index for GDP by Industry: Government: Federal (CPGDPPIF), retrieved from FRED.