Real General Government Final Consumption Expenditure for Germany
Annual, Not Seasonally Adjusted
NCGGRXDCDEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
685,608.37
Year-over-Year Change
30.91%
Date Range
1/1/1991 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted gross government domestic expenditure for the United States. It provides insights into the overall spending patterns of the federal government.
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 annual, not seasonally adjusted gross government domestic expenditure represents the total value of all goods and services purchased by the U.S. federal government over a 12-month period. This metric is used by economists and policymakers to analyze government spending and its impact on the broader economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is closely monitored by policymakers and market analysts to assess the government's fiscal policies and their potential economic implications.
Key Facts
- The U.S. government's annual, not seasonally adjusted gross domestic expenditure reached a high of $4.13 trillion in 2021.
- Government spending accounts for approximately 20% of the total U.S. gross domestic product (GDP).
- The trend has shown a steady increase over the past decade, reflecting the government's efforts to stimulate the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted gross government domestic expenditure for the United States, which represents the total value of all goods and services purchased by the federal government over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by economists and policymakers to analyze government spending patterns and assess the impact of fiscal policies on the broader economy.
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: Policymakers and market analysts use this trend to evaluate the government's fiscal policies and their potential economic implications, such as their impact on GDP, inflation, and overall economic growth.
Q: Are there update delays or limitations?
A: The data is typically released on a quarterly basis by the U.S. Bureau of Economic Analysis, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NCGGRXDCDEA), retrieved from FRED.