Financial services furnished without payment: Depositor services: Government
W538RC1A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.81
Year-over-Year Change
103.91%
Date Range
1/1/1929 - 1/1/2022
Summary
This economic trend measures the value of depositor services provided by the government to the public, which is an important component of the financial services industry's contribution to GDP.
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 'Financial services furnished without payment: Depositor services: Government' trend represents the imputed value of services that the government provides to depositors, such as maintaining checking and savings accounts, without directly charging fees.
Methodology
The data is calculated by the 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 role of the public sector in financial services.
Key Facts
- Measures imputed value of government-provided depositor services.
- Included in GDP as part of financial services industry contribution.
- Provides insight into public sector's role in financial services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the imputed value of depositor services provided by the government to the public, which is an important component of the financial services industry's contribution to GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for economists and policymakers analyzing the role of the public sector in the financial services industry and its contribution to the overall economy.
Q: How is this data collected or calculated?
A: The data is calculated by the Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand the government's involvement in the financial services industry and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is published quarterly as part of the National Income and Product Accounts, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Financial services furnished without payment: Depositor services: Government (W538RC1A027NBEA), retrieved from FRED.