Federal Government; Net Value Added (IMA), Transactions
FGNVAAA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
664,810.00
Year-over-Year Change
44.79%
Date Range
1/1/1946 - 1/1/2024
Summary
The Federal Government; Net Value Added (IMA), Transactions metric measures the net value added by the federal government sector in the U.S. economy. This statistic is a key indicator for understanding the fiscal and economic impact of the federal 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 Federal Government; Net Value Added (IMA), Transactions series represents the net value contributed by the federal government to the nation's total economic output, as calculated using the income approach to GDP. This metric is used by economists and policymakers to analyze the government's role and influence within the broader economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.
Historical Context
This metric provides important context for assessing fiscal policy and the government's economic footprint.
Key Facts
- The federal government's net value added represents around 7% of total U.S. GDP.
- This metric has remained relatively stable over the past decade.
- Federal government value added tends to increase during times of economic stimulus or crisis response.
FAQs
Q: What does this economic trend measure?
A: The Federal Government; Net Value Added (IMA), Transactions metric measures the net contribution of the federal government sector to the overall U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic role and influence of the federal government, which is crucial for assessing fiscal policy and the government's broader economic impact.
Q: How is this data collected or calculated?
A: The data is 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: Analysts and policymakers use this metric to evaluate the government's economic footprint and the potential effects of fiscal policy changes.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Federal Reserve with typical lags of 1-2 months.
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Citation
U.S. Federal Reserve, Federal Government; Net Value Added (IMA), Transactions (FGNVAAA027N), retrieved from FRED.