Contribution to Percent Change in Real Government Consumption Expenditures and Gross Investment: Federal: Gross Investment: Intellectual Property Products
Y059RZ2Q224SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.37
Year-over-Year Change
0.00%
Date Range
4/1/1947 - 4/1/2025
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 investments in research, development, and other intangible assets.
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 measures the impact of the federal government's spending on intellectual property, such as research and development, on the broader measure of real government consumption and investment. This data point is used by economists and policymakers to analyze the government's priorities and the role of public investment in driving economic growth.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
This trend is relevant for understanding the government's fiscal policy and its impact on the overall economy.
Key Facts
- The trend has shown a positive contribution to real government consumption and investment since 2020.
- Intellectual property products account for about one-third of total federal gross investment.
- Government investment in R&D and other intangible assets can boost long-term economic productivity.
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, 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 priorities and the role of public investment in driving economic growth, which is relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated 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: This trend is used by economists and policymakers to analyze the government's fiscal policy and its impact on the overall economy, particularly in terms of investment in research, development, and other intangible assets.
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 occasional delays in the release of the latest figures.
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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 (Y059RZ2Q224SBEA), retrieved from FRED.