Net state government saving
W759RC1A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-118.16
Year-over-Year Change
-35.72%
Date Range
1/1/1959 - 1/1/2023
Summary
Net state government saving measures the difference between state government revenues and expenditures, providing insight into the overall fiscal health of individual U.S. states.
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
This economic indicator tracks the net savings or dissaving by state governments across the United States. It is an important metric for understanding state-level fiscal conditions and the capacity for future public investment.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on reported state government revenue and spending.
Historical Context
Net state government saving is closely monitored by policymakers, analysts, and investors to assess the financial flexibility of state governments.
Key Facts
- Net state government saving was $84.7 billion in Q4 2022.
- Positive net saving indicates state governments are accumulating financial assets.
- Net saving varies widely across U.S. states based on revenue sources and spending priorities.
FAQs
Q: What does this economic trend measure?
A: Net state government saving measures the difference between total state government revenues and total state government expenditures for a given period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall fiscal health and savings capacity of U.S. state governments, which is important for assessing their ability to fund public services and make investments.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on reported state government revenue and spending figures.
Q: How is this trend used in economic policy?
A: Net state government saving is closely monitored by policymakers, analysts, and investors to gauge the financial flexibility of state governments and their capacity for future public investment.
Q: Are there update delays or limitations?
A: The net state government saving data is released quarterly with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Net state government saving (W759RC1A027NBEA), retrieved from FRED.