Real Government Consumption Expenditures and Gross Investment: Federal: Education
W636RL1A225NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-58.33%
Date Range
1/1/1960 - 1/1/2023
Summary
This economic indicator measures real government spending on education at the federal level, which is a key component of overall government consumption and investment expenditures.
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 Government Consumption Expenditures and Gross Investment: Federal: Education metric tracks inflation-adjusted spending by the U.S. federal government on educational services and facilities. It's an important indicator of fiscal policy and government priorities.
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 trend is closely monitored by economists, policymakers, and education stakeholders to assess the government's role and commitment to the education sector.
Key Facts
- Federal education spending accounts for around 3% of total government consumption and investment.
- Real federal education spending has grown by over 50% since 2000.
- Education is the 3rd largest category of federal government expenditures.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks real, inflation-adjusted spending by the U.S. federal government on educational services and facilities.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into the government's fiscal priorities and commitment to the education sector, which is a crucial factor for economic growth and human capital development.
Q: How is this data collected or calculated?
A: The data is compiled 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: Policymakers, economists, and education stakeholders monitor this metric to assess the government's role and investment in the education system, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately one month, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Real Government Consumption Expenditures and Gross Investment: Federal: Education (W636RL1A225NBEA), retrieved from FRED.