Chain-Type Quantity Index for Real GDP: Health Care and Social Assistance (62) in Delaware
Quarterly, Seasonally Adjusted
DEHLTHSOCASSQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.50
Year-over-Year Change
9.23%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic indicator measures U.S. government health and social assistance spending on a quarterly, seasonally adjusted basis. It provides important insights into the health of the public sector and government policy priorities.
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 Quarterly, Seasonally Adjusted health and social assistance spending metric tracks changes in federal, state, and local government expenditures in these critical public service domains. It is a key indicator of fiscal policy and social welfare trends.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on government financial records.
Historical Context
This metric is closely monitored by policymakers, economists, and market analysts to assess the government's role in the broader economy.
Key Facts
- Health and social assistance spending accounts for over 20% of total government expenditures.
- Spending in this sector has grown steadily over the past decade.
- The metric is a key input for models of GDP, employment, and social welfare.
FAQs
Q: What does this economic trend measure?
A: This metric tracks quarterly, seasonally adjusted government spending on health and social assistance programs in the United States.
Q: Why is this trend relevant for users or analysts?
A: It provides important insights into fiscal policy priorities and the government's role in supporting public health and social services.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on government financial records.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this metric to assess the government's economic role and social welfare initiatives.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a 2-3 month delay.
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Citation
U.S. Bureau of Economic Analysis, Quarterly, Seasonally Adjusted (DEHLTHSOCASSQQGSP), retrieved from FRED.