Contribution to Percent Change in Real Government Consumption Expenditures and Gross Investment: Federal: National Defense: Gross Investment: Intellectual Property Products: Research and Development
Y076RZ2Q224SBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
4/1/1947 - 4/1/2025
Summary
This economic indicator tracks the contribution of federal national defense 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
This metric represents the change in real federal spending on national defense research and development as a component of the broader government expenditures and investment. It is used by economists and policymakers to analyze the role of government investment in driving economic growth.
Methodology
The data is collected and 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 economy.
Key Facts
- The trend reached a peak in 2009 during the Great Recession.
- Contributions to real government consumption and investment have generally declined since the 1990s.
- This metric is a component of the broader government expenditures and investment data.
FAQs
Q: What does this economic trend measure?
A: This trend measures the contribution of federal national defense research and development spending 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 is important for understanding the role of government investment, particularly in research and development, in driving economic growth and the broader fiscal policy stance.
Q: How is this data collected or calculated?
A: The data is collected and 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 economy, particularly the role of public investment in research and development.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions by the Bureau of Economic Analysis, and there may be some lags in the availability of the most recent figures.
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Citation
U.S. Bureau of Economic Analysis, Contribution to Percent Change in Real Government Consumption Expenditures and Gross Investment: Federal: National Defense: Gross Investment: Intellectual Property Products: Research and Development (Y076RZ2Q224SBEA), retrieved from FRED.