Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment: Consumption expenditures: Gross output of general government: Value added: Compensation of general government employees: Civilian
W090RN2A224NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.05
Year-over-Year Change
-162.50%
Date Range
1/1/1973 - 1/1/2024
Summary
This economic trend measures the changes in national defense consumption expenditures and gross investment, specifically the contribution from civilian compensation of general government employees. It provides insights into the composition and drivers of government spending.
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 metric tracks the factors underlying changes in government spending on national defense. It breaks down the contribution from civilian compensation, a key component of overall defense expenditures.
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 by economists and policymakers to analyze the allocation and dynamics of government spending on national defense.
Key Facts
- This metric focuses on civilian employee compensation in national defense spending.
- It is a component of the broader national defense consumption and investment expenditures.
- Tracking this trend provides insights into the drivers of government spending on national security.
FAQs
Q: What does this economic trend measure?
A: This trend measures the contribution of civilian compensation of general government employees to changes in national defense consumption expenditures and gross investment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the dynamics of government spending on national defense, a key component of fiscal policy.
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: Economists and policymakers use this metric to analyze the allocation and changes in government spending on national defense, which is relevant for fiscal and security policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the regular release schedule and revision process of the National Income and Product Accounts.
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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: Value added: Compensation of general government employees: Civilian (W090RN2A224NBEA), retrieved from FRED.