Federal government receipts: Timing differences: Other (NIPA vs. Budget)
M318171Q027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.86
Year-over-Year Change
-274.05%
Date Range
7/1/1959 - 10/1/2023
Summary
This economic indicator measures the timing differences between federal government receipts reported in the National Income and Product Accounts (NIPA) and the federal budget. It helps analysts understand the relationship between these two important fiscal data sources.
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) series tracks the discrepancies in federal revenue reporting between the NIPA and the federal budget. This provides insight into the factors driving differences between these key fiscal data sources used by policymakers and analysts.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on accounting differences between NIPA and federal budget reporting.
Historical Context
This metric is used by economists and policymakers to reconcile federal fiscal data and assess the government's overall financial position.
Key Facts
- Measures discrepancies in federal revenue reporting between NIPA and budget data.
- Provides insight into accounting differences in government fiscal statistics.
- Used by policymakers and analysts to reconcile federal fiscal data sources.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the timing differences between how federal government receipts are reported 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 factors behind discrepancies in federal fiscal data helps policymakers and economists better assess the government's overall financial position and economic impact.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on accounting differences between NIPA and federal budget reporting.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to reconcile federal fiscal data sources and evaluate the government's financial standing.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedules and revisions as the broader NIPA and federal budget reporting.
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Citation
U.S. Federal Reserve, Federal government receipts: Timing differences: Other (NIPA vs. Budget) (M318171Q027NBEA), retrieved from FRED.