Contribution to Percent Change in Real Government Consumption Expenditures and Gross Investment: Federal: Gross Investment: Intellectual Property Products
Y059RZ2A224NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.18
Year-over-Year Change
-1000.00%
Date Range
1/1/1930 - 1/1/2024
Summary
This economic trend measures the contribution of federal gross investment in intellectual property products to the overall percent change in real government consumption expenditures and gross investment. It provides insights into the government's investment priorities and their potential impact on the broader economy.
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 Contribution to Percent Change in Real Government Consumption Expenditures and Gross Investment: Federal: Gross Investment: Intellectual Property Products represents the extent to which federal spending on intellectual property, such as research and development, software, and entertainment, influences the total change in real government consumption and investment.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using national income and product accounts.
Historical Context
This trend is used by policymakers and economists to assess the government's focus on innovation and its potential implications for economic growth.
Key Facts
- Federal intellectual property investment accounts for a significant portion of overall government spending.
- Trends in this metric can signal shifts in the government's innovation priorities.
- The data is published quarterly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the contribution of federal gross investment in intellectual property products, such as research and development, software, and entertainment, to the overall percent change in real government consumption expenditures and gross investment.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the government's investment priorities and their potential impact on the broader economy, making it relevant for policymakers, economists, and analysts interested in understanding the government's role in driving innovation and economic growth.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using national income and product accounts.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the government's focus on innovation and its potential implications for economic growth, which can inform policy decisions and budgetary allocations.
Q: Are there update delays or limitations?
A: The data is published quarterly by the U.S. Bureau of Economic Analysis, and there may be a short delay between the end of the reference period and the release of the data.
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Citation
U.S. Federal Reserve, Contribution to Percent Change in Real Government Consumption Expenditures and Gross Investment: Federal: Gross Investment: Intellectual Property Products (Y059RZ2A224NBEA), retrieved from FRED.