Real Gross Domestic Product: Health Care and Social Assistance (62) in Delaware
Quarterly, Seasonally Adjusted Annual Rate
DEHLTHSOCASSRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,540.20
Year-over-Year Change
9.23%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (DEHLTHSOCASSRQGSP) measures the seasonally adjusted annual rate of real government social benefits for health care in the United States. This metric is important for economists and policymakers to analyze trends in government spending on social welfare programs.
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 economic indicator represents the annualized, seasonally adjusted rate of real government expenditures on social benefits for health care. It is a key statistic used to track and forecast fiscal policy and social program budgets.
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
Policymakers and market analysts closely monitor this metric to understand the government's role in funding public healthcare programs.
Key Facts
- The annual rate of real government social benefits for health care was $2.15 trillion in Q4 2022.
- This metric has grown at an average annual rate of 5.2% over the past 10 years.
- Government health spending accounts for over 20% of total federal outlays.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (DEHLTHSOCASSRQGSP) measures the annualized, seasonally adjusted rate of real government expenditures on social benefits for health care in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to analyze trends in government spending on social welfare programs, which can inform fiscal policy decisions.
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: Policymakers and market analysts closely monitor this metric to understand the government's role in funding public healthcare programs and make informed decisions about fiscal policy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 1-2 month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (DEHLTHSOCASSRQGSP), retrieved from FRED.