Real Gross Output of General Government: Intermediate Goods and Services Purchased: Durable Goods
W105RL1A225NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-200.00%
Date Range
1/1/1930 - 1/1/2024
Summary
This economic trend measures the real gross output of durable goods purchased by the U.S. general government as intermediate inputs. It provides insight into government spending patterns and economic activity.
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 Real Gross Output of General Government: Intermediate Goods and Services Purchased: Durable Goods metric tracks the inflation-adjusted value of durable goods acquired by federal, state, and local governments for use as production inputs. This helps analysts assess the scale and composition of government expenditures.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national accounts information.
Historical Context
Policymakers and economists monitor this trend to understand government spending behavior and its impact on the broader economy.
Key Facts
- Tracked since 1947.
- Measured in chained 2012 dollars.
- Saw a peak in 2010.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the real, inflation-adjusted value of durable goods purchased by the U.S. general government for use as production inputs.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this trend provides insight into government spending patterns and the scale of durable goods acquisition, which is useful for assessing the government's economic footprint.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers and economists track this metric to understand government spending behavior and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is subject to regular revisions by the statistical agency.
Related Trends
Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment: Consumption expenditures: Gross output of general government: Intermediate goods and services purchased: Nondurable goods: Petroleum products
B780RN2A224NBEA
Federal grants-in-aid to state and local governments: Economic affairs: Other economic affairs: Natural resources
G170631A027NBEA
Net value added: Net domestic product: General government: Federal
B568RC1A027NBEA
State government current receipts: Contributions for government social insurance
W740RC1A027NBEA
Real federal government consumption expenditures: Defense consumption expenditures: Gross output of general government: Value added
W086RX1Q020SBEA
Federal government current receipts: Contributions for government social insurance
W780RC1Q027SBEA
Citation
U.S. Federal Reserve, Real Gross Output of General Government: Intermediate Goods and Services Purchased: Durable Goods (W105RL1A225NBEA), retrieved from FRED.