Total Credit to Non-Financial Sector, Adjusted for Breaks, for Singapore

Billions of US Dollars

QSGCAMUSDA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,824.50

Year-over-Year Change

25.74%

Date Range

1/1/1990 - 10/1/2024

Summary

The 'Billions of US Dollars' series measures the value of U.S. government consumption and gross investment in billions of U.S. dollars on a quarterly basis. This metric is crucial for understanding economic growth and the government's role in the 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 'Billions of US Dollars' series represents the total value of government expenditures on goods and services, as well as investments in infrastructure and capital projects. It is a key indicator of fiscal policy and the government's contribution to overall economic activity.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis based on national income and product accounts.

Historical Context

Policymakers and analysts closely monitor this metric to assess the impact of government spending on the broader economy.

Key Facts

  • The series is reported on a quarterly basis.
  • Government consumption and investment accounted for approximately 17% of U.S. GDP in 2022.
  • The data is seasonally adjusted to account for recurring fluctuations.

FAQs

Q: What does this economic trend measure?

A: The 'Billions of US Dollars' series measures the total value of U.S. government consumption and gross investment in billions of dollars on a quarterly basis.

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for understanding the government's role in the economy and the impact of fiscal policy on economic growth.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on national income and product accounts.

Q: How is this trend used in economic policy?

A: Policymakers and analysts closely monitor this metric to assess the impact of government spending on the broader economy.

Q: Are there update delays or limitations?

A: The data is reported on a quarterly basis, with a typical delay of several weeks after the end of the quarter.

Related Trends

Citation

U.S. Federal Reserve, Billions of US Dollars (QSGCAMUSDA), retrieved from FRED.