Federal Government; Acquisition of Nonproduced Nonfinancial Assets (Net), Transactions
FGANNAA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-417.00
Year-over-Year Change
-78.77%
Date Range
1/1/1946 - 1/1/2024
Summary
This economic trend measures the net acquisition of nonproduced nonfinancial assets by the U.S. federal government, which is relevant for understanding the government's investment in infrastructure and natural resources.
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 Federal Government; Acquisition of Nonproduced Nonfinancial Assets (Net), Transactions series tracks the government's net acquisition of assets such as land, mineral rights, and patents that are not produced through an economic process. This metric provides insight into the government's investment priorities and resource management.
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 used by economists and policymakers to analyze the government's role in managing public assets and natural resources.
Key Facts
- The U.S. federal government acquired $15.9 billion in nonproduced nonfinancial assets in 2021.
- This trend has exhibited volatility, ranging from a net acquisition of $31.7 billion in 2015 to a net disposal of $4.9 billion in 2013.
- Nonproduced nonfinancial assets include land, mineral rights, patents, and other intangible assets not produced through an economic process.
FAQs
Q: What does this economic trend measure?
A: This trend measures the net acquisition of nonproduced nonfinancial assets, such as land, mineral rights, and patents, by the U.S. federal government.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the government's investment priorities and resource management, which is relevant for understanding the public sector's role in the economy.
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: Economists and policymakers use this trend to analyze the government's role in managing public assets and natural resources, which can inform decisions related to infrastructure investment, resource allocation, and environmental policy.
Q: Are there update delays or limitations?
A: The data is typically published on a quarterly basis, with a delay of several months. There may be revisions to historical data as the BEA refines its estimates.
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Citation
U.S. Federal Reserve, Federal Government; Acquisition of Nonproduced Nonfinancial Assets (Net), Transactions (FGANNAA027N), retrieved from FRED.