Local Government Current Expenditures: Interest payments: to the rest of the world
Y710RC1A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.48
Year-over-Year Change
60.34%
Date Range
1/1/2008 - 1/1/2023
Summary
This economic trend measures interest payments made by local governments to the rest of the world. It provides insight into the financing activities and debt obligations of local government entities.
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 Local Government Current Expenditures: Interest payments: to the rest of the world series tracks the interest payments made by local governments to entities outside of the United States. This metric is useful for analyzing the debt burdens and financing costs faced by local public-sector institutions.
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 policymakers, economists, and investors analyzing the fiscal health and debt management of local governments.
Key Facts
- Local governments make interest payments to foreign entities.
- This metric reflects the cost of servicing local government debt.
- The data is reported quarterly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the interest payments made by local governments in the United States to entities outside of the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financing activities and debt obligations of local government entities, which is useful for analyzing their fiscal health and debt management.
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 relevant for policymakers, economists, and investors analyzing the fiscal health and debt management of local governments.
Q: Are there update delays or limitations?
A: The data is reported quarterly by the U.S. Bureau of Economic Analysis, with potential delays in availability.
Related Trends
Contributions to Percent Change in National Defense Consumption Expenditures and Gross Investment: Gross investment: Structures
A808RN2Q224SBEA
Government Consumption Expenditures and Gross Investment
GCE
Federal government current receipts, NIPAs
M318181Q027NBEA
Federal grants-in-aid to state and local governments: National defense
G170571A027NBEA
Intermediate Inputs by Industry: Government: Federal (Chain-Type Price Index)
IIPIPF
Local government current receipts: Current transfer receipts: State government grants-in-aid
W847RC1A027NBEA
Citation
U.S. Bureau of Economic Analysis, Local Government Current Expenditures: Interest payments: to the rest of the world (Y710RC1A027NBEA), retrieved from FRED.