Value Added by Industry: Government: Federal (Chain-Type Price Index)
VAPIF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.81
Year-over-Year Change
16.80%
Date Range
1/1/2005 - 1/1/2025
Summary
The Value Added by Industry: Government: Federal (Chain-Type Price Index) tracks changes in the price level of government services provided by the federal government in the United States. This measure is crucial for understanding the real economic contribution of the federal government sector.
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
This index reflects the price changes of goods and services produced by the federal government, which is an important component of the overall economy. It allows economists and policymakers to analyze the real growth and efficiency of the federal government's activities.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
This index is used by economists, analysts, and policymakers to assess the fiscal policy and economic impact of the federal government.
Key Facts
- The index is published quarterly by the U.S. Bureau of Economic Analysis.
- The base year for the index is 2012=100.
- The index measures price changes, not actual spending levels.
FAQs
Q: What does this economic trend measure?
A: The Value Added by Industry: Government: Federal (Chain-Type Price Index) measures changes in the price level of goods and services produced by the federal government in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index is crucial for understanding the real economic contribution of the federal government sector and assessing the fiscal policy and economic impact of the federal government.
Q: How is this data collected or calculated?
A: The data is collected and 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: This index is used by economists, analysts, and policymakers to assess the fiscal policy and economic impact of the federal government.
Q: Are there update delays or limitations?
A: The index is published quarterly by the U.S. Bureau of Economic Analysis, so there may be a delay between the reference period and the data release.
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Citation
U.S. Federal Reserve, Value Added by Industry: Government: Federal (Chain-Type Price Index) (VAPIF), retrieved from FRED.