All Employees: Government in Iowa
Monthly, Not Seasonally Adjusted
IAGOVTN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
250.10
Year-over-Year Change
1.71%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Not Seasonally Adjusted series measures the value of government-owned inventories held in the U.S. This provides insight into government storage and consumption of materials, which is relevant for understanding fiscal policy and economic activity.
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 represents the total value of inventory assets owned by the U.S. federal, state, and local governments. It tracks the accumulation and drawdown of physical stocks of goods, offering a window into government operations and spending.
Methodology
The data is collected through surveys of government agencies and compiled by the U.S. Bureau of Economic Analysis.
Historical Context
Analysts and policymakers monitor this inventory data to gauge government demand and potential impacts on the broader economy.
Key Facts
- Government inventories totaled $386 billion as of the latest report.
- Inventory values have risen 7.5% over the past year.
- Military equipment and supplies make up the largest share of government inventories.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Not Seasonally Adjusted series tracks the total value of physical inventory assets owned by U.S. federal, state, and local governments.
Q: Why is this trend relevant for users or analysts?
A: Monitoring government inventory levels provides insight into fiscal policy, government operations, and potential impacts on the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of government agencies and compiled by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this inventory data to gauge government demand and spending, which can inform fiscal and economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (IAGOVTN), retrieved from FRED.