Federal government consumption expenditures: Defense consumption expenditures: Gross output of general government: Value added
W086RC1Q027SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
568.66
Year-over-Year Change
15.04%
Date Range
1/1/1947 - 4/1/2025
Summary
This economic trend measures the value added by the U.S. federal government's defense consumption expenditures, a key component of overall government spending and a crucial indicator of fiscal policy and national security priorities.
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's defense consumption expenditures represent the resources used by the government to produce defense-related goods and services. This data point is closely watched by economists and policymakers to assess the government's role in the economy and the allocation of public resources.
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 metric is used to inform fiscal and military policy decisions, as well as to analyze the broader macroeconomic impacts of government spending.
Key Facts
- Defense spending accounts for over 50% of total federal government consumption expenditures.
- Real defense consumption expenditures have fluctuated significantly over the past two decades.
- Defense spending is a major component of the federal government's role in the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value added by the U.S. federal government's defense consumption expenditures, which represents the resources used by the government to produce defense-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to assess the government's role in the economy and the allocation of public resources for national defense and security.
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 metric is used to inform fiscal and military policy decisions, as well as to analyze the broader macroeconomic impacts of government spending.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis, with occasional revisions to historical figures.
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Citation
U.S. Federal Reserve, Federal government consumption expenditures: Defense consumption expenditures: Gross output of general government: Value added (W086RC1Q027SBEA), retrieved from FRED.