Government subsidies: Housing and community services
G170871A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.00
Year-over-Year Change
58.14%
Date Range
1/1/1959 - 1/1/2023
Summary
This economic trend measures government expenditures on housing and community services, which are important for understanding the role of public policy in these areas.
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 Government subsidies: Housing and community services trend represents the value of federal, state, and local government spending on programs and services related to housing, community development, and urban renewal. This metric is used by economists and policymakers to analyze the government's role in providing public goods and supporting communities.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
This trend provides insight into government priorities and the allocation of public resources for housing and urban initiatives.
Key Facts
- Government spending on housing and community services was $462 billion in 2021.
- This category accounts for about 10% of total government expenditures.
- Spending on these programs has grown by 75% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures government expenditures on programs and services related to housing, community development, and urban renewal.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the government's role in supporting housing and community initiatives, which are important for economic and social development.
Q: How is this data collected or calculated?
A: The data is collected 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: Policymakers and economists use this trend to analyze government priorities and the allocation of public resources for housing and urban initiatives.
Q: Are there update delays or limitations?
A: The data is typically released on a quarterly basis, with a delay of several months.
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Citation
U.S. Federal Reserve, Government subsidies: Housing and community services (G170871A027NBEA), retrieved from FRED.