Federal government receipts: Timing differences: Other (NIPA vs. Budget)
M318171A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-10.45
Year-over-Year Change
-188.32%
Date Range
1/1/1952 - 1/1/2023
Summary
This economic trend measures timing differences between federal government receipts reported in the National Income and Product Accounts (NIPA) and the federal budget. It is an important indicator for economists and policymakers to understand the gap between government revenue reporting.
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: Timing differences: Other (NIPA vs. Budget)' trend represents the difference in how the federal government records revenue in the NIPA accounts versus the federal budget. This can provide insights into the reporting and accounting methods used by the government.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is used by economists, policymakers, and market analysts to contextualize government revenue data and policies.
Key Facts
- Measured in billions of dollars.
- Positive values indicate NIPA receipts exceed budget receipts.
- Data available monthly since 1947.
FAQs
Q: What does this economic trend measure?
A: This trend measures the timing differences between how the federal government reports revenue in the National Income and Product Accounts (NIPA) versus the federal budget.
Q: Why is this trend relevant for users or analysts?
A: Understanding the gap between NIPA and budget revenue reporting can provide insights into government accounting methods and help contextualize federal revenue data.
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: Economists, policymakers, and market analysts use this trend to better understand government revenue reporting and contextualize fiscal policy.
Q: Are there update delays or limitations?
A: The data is available monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Federal government receipts: Timing differences: Other (NIPA vs. Budget) (M318171A027NBEA), retrieved from FRED.