Percent of GDP, Annual, Not Seasonally Adjusted
This dataset tracks percent of gdp, annual, not seasonally adjusted over time.
Latest Value
-6.28
Year-over-Year Change
-25.23%
Date Range
6/30/1930 - 9/30/2023
Summary
This economic indicator measures the percent of gross domestic product (GDP) represented by federal government final consumption expenditures and gross investment on an annual, not seasonally adjusted basis. It is a key metric for understanding the role of government spending in the overall economy.
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 Percent of GDP, Annual, Not Seasonally Adjusted trend tracks federal government final consumption expenditures and gross investment as a percentage of total GDP. This provides insight into the fiscal policy stance and the government's contribution to economic activity.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on national accounts information.
Historical Context
This metric is closely monitored by policymakers, analysts, and investors to gauge the government's economic role and fiscal policy direction.
Key Facts
- Federal government spending accounts for around 20% of GDP annually.
- Government consumption and investment has increased as a share of GDP since the 2008 financial crisis.
- This metric provides insight into the government's role in driving economic growth.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks federal government final consumption expenditures and gross investment as a percentage of total U.S. gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the fiscal policy stance and the government's contribution to overall economic activity, which is closely monitored by policymakers and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on national accounts information.
Q: How is this trend used in economic policy?
A: This indicator is used by economists, analysts, and policymakers to gauge the government's role in driving economic growth and to inform fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on an annual basis with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Percent of GDP, Annual, Not Seasonally Adjusted (FYFSDFYGDP), retrieved from FRED.