Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment: Consumption expenditures: Gross output of general government
W085RN2A224NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.22
Year-over-Year Change
-196.94%
Date Range
1/1/1973 - 1/1/2024
Summary
This economic trend measures the contributions to percent change in national defense consumption expenditures and gross investment, specifically the consumption expenditures component of gross output from the general 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
The Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment data provides insights into the drivers of changes in national defense spending, which is a key component of total government expenditures and an important economic indicator.
Methodology
The data is calculated based on U.S. national accounts data collected by the Bureau of Economic Analysis.
Historical Context
This trend is used by policymakers, economists, and analysts to understand the factors influencing defense spending and its impact on the broader economy.
Key Facts
- National defense spending accounts for a significant portion of total government expenditures.
- Changes in national defense spending can have broad implications for the economy.
- The general government sector is a major provider of national defense services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the contributions to percent change in national defense consumption expenditures and gross investment, focusing specifically on the consumption expenditures component from the general government sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the drivers of changes in national defense spending, which is a key component of total government expenditures and a significant factor in the broader economy.
Q: How is this data collected or calculated?
A: The data is calculated based on U.S. national accounts data collected by the Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and analysts to understand the factors influencing defense spending and its impact on the economy.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and potential revisions of the underlying national accounts data collected by the Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment: Consumption expenditures: Gross output of general government (W085RN2A224NBEA), retrieved from FRED.