Total Federal Outlays
MTSO133FMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
499,435.33
Year-over-Year Change
-6.16%
Date Range
10/1/1980 - 6/1/2025
Summary
Total Federal Outlays tracks the total amount of money spent by the U.S. federal government, providing insight into fiscal policy and economic conditions.
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 metric represents the total dollar value of all expenditures made by the federal government, including discretionary and mandatory spending on programs, services, and obligations. It is a key indicator of the government's role in the economy.
Methodology
The data is collected and calculated by the U.S. Treasury Department.
Historical Context
Total Federal Outlays is closely monitored by policymakers, economists, and market analysts to assess the government's fiscal stance and its potential impact on economic growth, inflation, and public debt.
Key Facts
- Total Federal Outlays reached a record high of $6.55 trillion in 2020.
- Mandatory spending accounts for the largest share of Total Federal Outlays.
- Total Federal Outlays as a percentage of GDP provides insight into the government's fiscal stance.
FAQs
Q: What does this economic trend measure?
A: Total Federal Outlays measures the total amount of money spent by the U.S. federal government, including discretionary and mandatory spending on various programs and obligations.
Q: Why is this trend relevant for users or analysts?
A: Total Federal Outlays is a key indicator of the government's fiscal policy and its impact on the overall economy. It is closely monitored by policymakers, economists, and market analysts to assess the government's role and influence on economic growth, inflation, and public debt.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Treasury Department.
Q: How is this trend used in economic policy?
A: Total Federal Outlays is used by policymakers, economists, and market analysts to evaluate the government's fiscal stance and its potential impact on economic growth, inflation, and public debt. It informs decisions related to fiscal policy, government spending, and budgetary allocations.
Q: Are there update delays or limitations?
A: The data for Total Federal Outlays is generally released on a monthly basis with a short delay. There may be occasional revisions to historical data as well.
Related Trends
Citation
U.S. Federal Reserve, Total Federal Outlays (MTSO133FMS), retrieved from FRED.