Contribution to Percent Change in Real Government Consumption Expenditures and Gross Investment: Federal: Nondefense: Gross Investment: Intellectual Property Products: Research and Development
Y069RZ2Q224SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.06
Year-over-Year Change
-700.00%
Date Range
4/1/1947 - 4/1/2025
Summary
This economic trend measures the contribution of federal nondefense gross investment in intellectual property products, specifically research and development, to the overall percent change in real government consumption expenditures and gross investment.
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: Nondefense: Gross Investment: Intellectual Property Products: Research and Development metric provides insight into the drivers of changes in government spending and investment, which is a key component of GDP.
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 closely watched by economists and policymakers to understand the role of government research and development investment in the broader economy.
Key Facts
- Federal nondefense R&D investment accounts for about 0.4% of GDP.
- This metric has fluctuated between -0.2% and 0.1% since 2010.
- R&D investment is seen as critical for long-term economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the contribution of federal nondefense gross investment in intellectual property products, specifically 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 metric provides insight into the role of government R&D investment as a driver of changes in broader government spending and investment, which is an important component of GDP.
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 closely watched by economists and policymakers to understand the contribution of government research and development investment to the overall economy.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Bureau of Economic Analysis with typical release delays of 2-3 months.
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Citation
U.S. Bureau of Economic Analysis, Contribution to Percent Change in Real Government Consumption Expenditures and Gross Investment: Federal: Nondefense: Gross Investment: Intellectual Property Products: Research and Development (Y069RZ2Q224SBEA), retrieved from FRED.