Federal government receipts: Coverage differences: Contributions received by federal employee retirement plans (NIPA vs. Budget)
M318041Q027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.83
Year-over-Year Change
24.98%
Date Range
7/1/1959 - 10/1/2023
Summary
This economic trend measures differences in federal government receipts between the National Income and Product Accounts (NIPA) and the federal budget, specifically focusing on contributions received by federal employee retirement plans.
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 receipts: Coverage differences: Contributions received by federal employee retirement plans (NIPA vs. Budget)' series tracks the gap between how contributions to federal employee retirement plans are accounted for in the NIPA data versus the federal budget. This metric is used by economists to reconcile discrepancies between these two important data sources.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend provides crucial context for policymakers and analysts examining the federal government's financial position and fiscal policy.
Key Facts
- Contributions to federal employee retirement plans are treated differently in NIPA vs. federal budget data.
- This trend helps reconcile discrepancies between these two important government finance data sources.
- Understanding these coverage differences is crucial for accurate analysis of the federal government's fiscal position.
FAQs
Q: What does this economic trend measure?
A: This trend measures the difference in how contributions to federal employee retirement plans are accounted for in the National Income and Product Accounts (NIPA) versus the federal budget.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important context for reconciling discrepancies between NIPA and federal budget data, which is crucial for accurately assessing the government's fiscal position and informing economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and analysts to better understand the federal government's financial position and inform fiscal policy decisions.
Q: Are there update delays or limitations?
A: There may be delays in data updates, as this metric relies on the timeliness of both NIPA and federal budget data releases.
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Citation
U.S. Federal Reserve, Federal government receipts: Coverage differences: Contributions received by federal employee retirement plans (NIPA vs. Budget) (M318041Q027NBEA), retrieved from FRED.