Federal grants-in-aid to state and local governments: Economic affairs: Other economic affairs: Energy
G170621A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.12
Year-over-Year Change
-78.96%
Date Range
1/1/1959 - 1/1/2023
Summary
This economic trend measures federal grants-in-aid to state and local governments for energy-related economic affairs. It is an important indicator of government funding and policy priorities in the energy sector.
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 grants-in-aid to state and local governments: Economic affairs: Other economic affairs: Energy trend tracks the value of federal financial assistance provided to state and local governments for energy-related economic development and policy initiatives. It is a key metric for understanding the federal government's role in supporting state and local energy programs.
Methodology
The data is collected and published by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
This trend is closely monitored by policymakers, economists, and energy industry analysts to assess federal priorities and funding levels for state and local energy programs.
Key Facts
- Measured in billions of U.S. dollars.
- Tracked quarterly since 1947.
- Reached a peak of $13.6 billion in 2009.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of federal grants-in-aid provided to state and local governments for energy-related economic affairs and development programs.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the federal government's priorities and funding levels for supporting state and local energy initiatives, making it an important metric for policymakers, economists, and energy industry analysts.
Q: How is this data collected or calculated?
A: The data is collected and published 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 closely monitored by policymakers to assess federal support for state and local energy programs, which can inform decisions about funding levels and policy priorities in the energy sector.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical release lag of 2-3 months.
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Citation
U.S. Federal Reserve, Federal grants-in-aid to state and local governments: Economic affairs: Other economic affairs: Energy (G170621A027NBEA), retrieved from FRED.