State and Local government current receipts: Netting and grossing differences: Current expenditures of government enterprises
W723RC1A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
441.40
Year-over-Year Change
40.79%
Date Range
1/1/1959 - 1/1/2022
Summary
This economic trend measures the difference between state and local government current receipts and current expenditures of government enterprises. It provides insight into the fiscal dynamics of public-sector activities.
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 'State and Local government current receipts: Netting and grossing differences: Current expenditures of government enterprises' series represents the net impact of government enterprises on overall state and local government finances. It highlights the relationship between government revenue sources and the operating costs of public-sector commercial activities.
Methodology
This data is calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Historical Context
Economists and policymakers use this trend to analyze the fiscal health and policy implications of state and local government commercial operations.
Key Facts
- State and local governments often operate commercial enterprises like utilities, transportation, and housing.
- Government enterprises can generate revenue but also incur operating costs.
- This metric tracks the net impact of these enterprise activities on overall government finances.
FAQs
Q: What does this economic trend measure?
A: This trend measures the difference between state and local government current receipts and the current expenditures of government-owned commercial enterprises. It provides insight into the fiscal dynamics of public-sector business activities.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the overall fiscal health and policy implications of state and local government operations, as government enterprises can have a significant impact on public finances.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze the fiscal dynamics of state and local government commercial activities and their impact on overall public finances.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis, with typical release delays of 2-3 months.
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Citation
U.S. Federal Reserve, State and Local government current receipts: Netting and grossing differences: Current expenditures of government enterprises (W723RC1A027NBEA), retrieved from FRED.