Federal government saving, national income and product accounts
M318561Q027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-424.02
Year-over-Year Change
-9.70%
Date Range
7/1/1959 - 10/1/2023
Summary
This economic trend measures the federal government's net saving as a percentage of gross domestic product (GDP) in the United States. It provides insight into the fiscal position of the federal government and its impact on the overall national economy.
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 saving trend represents the difference between the federal government's total receipts and its total expenditures, expressed as a share of GDP. This metric is an important indicator of the government's fiscal policy and its effect on national saving and investment.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.
Historical Context
Policymakers and analysts use this trend to assess the government's fiscal stance and its implications for economic growth and stability.
Key Facts
- The federal government saving trend has been negative for most of the past two decades, indicating a fiscal deficit.
- Positive federal saving implies the government is contributing to national saving, while negative saving indicates government borrowing.
- Changes in the federal saving trend are closely monitored by policymakers and economists for their impact on interest rates, inflation, and economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the federal government's net saving as a percentage of gross domestic product (GDP), providing insight into the government's fiscal position and its impact on the national economy.
Q: Why is this trend relevant for users or analysts?
A: The federal government saving trend is an important indicator of the government's fiscal stance and its implications for national saving, investment, and economic growth. It is closely monitored by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis as part of the national income and product accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the government's fiscal policy and its impact on the overall economy, including its effects on interest rates, inflation, and economic growth.
Q: Are there update delays or limitations?
A: The federal government saving data is published quarterly as part of the national income and product accounts, with typical update delays of a few months.
Related Trends
State and Local government current receipts: Coverage differences: Financial transactions (NIPA vs. Census)
L319111A027NBEA
Contributions for government social insurance: Employee and self-employed contributions: Federal social insurance funds: Old-age, survivors, disability, and hospital insurance: Employees: Old-age, survivors, and disability insurance
L306221A027NBEA
Government total receipts
W066RC1Q027SBEA
Value Added by Industry: Government: State and Local (Chain-Type Price Index)
VAPISL
Federal government consumption expenditures: Defense consumption expenditures: Gross output of general government: Value added: Compensation of general government employees
B237RC1Q027SBEA
Real net value added: Net domestic product: General government: State and local
B251RX1A020NBEA
Citation
U.S. Federal Reserve, Federal government saving, national income and product accounts (M318561Q027NBEA), retrieved from FRED.