Federal Budget Expenditures, Total for United States
M1505FUSM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,635.80
Year-over-Year Change
5.66%
Date Range
7/1/1945 - 12/1/1962
Summary
The Federal Budget Expenditures, Total for United States measures the total amount of spending by the U.S. federal government. This metric is a key indicator of fiscal policy and government's economic impact.
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 outlays or expenditures made by the U.S. federal government, including both discretionary and mandatory spending. It is a broad measure of government fiscal activity and a crucial variable for macroeconomic analysis and policymaking.
Methodology
The data is collected and published by the U.S. Bureau of Economic Analysis (BEA) as part of the National Income and Product Accounts (NIPA).
Historical Context
Analysts and policymakers monitor this trend to assess the government's fiscal stance and its potential influence on the broader economy.
Key Facts
- The U.S. federal government spent over $6.8 trillion in 2021.
- Mandatory spending accounts for over 60% of total federal outlays.
- Government spending is a major component of GDP, typically around 20%.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total expenditures or outlays made by the U.S. federal government, covering both discretionary and mandatory spending programs.
Q: Why is this trend relevant for users or analysts?
A: Federal budget expenditures are a key indicator of the government's fiscal stance and its potential impact on the broader economy, making it a crucial variable for macroeconomic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Bureau of Economic Analysis (BEA) as part of the National Income and Product Accounts (NIPA).
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this trend to assess the government's fiscal stance and its potential influence on factors like economic growth, inflation, and interest rates.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis by the BEA, with some potential for minor revisions in subsequent releases.
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Citation
U.S. Federal Reserve, Federal Budget Expenditures, Total for United States (M1505FUSM144NNBR), retrieved from FRED.