Nominal General Government Final Consumption Expenditure for Canada
Quarterly, Not Seasonally Adjusted
NCGGNSAXDCCAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
179,125.00
Year-over-Year Change
20.17%
Date Range
1/1/1961 - 1/1/2025
Summary
The 'Quarterly, Not Seasonally Adjusted' series measures the U.S. net government current expenditures on goods and services, providing insights into the government's fiscal position and economic impact.
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 tracks the quarterly changes in the U.S. government's spending on goods and services, excluding transfer payments. It is a key metric for understanding the government's contribution to aggregate demand and its fiscal policy stance.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using national income and product accounts.
Historical Context
Economists and policymakers analyze this trend to assess the government's role in the broader economy.
Key Facts
- The U.S. government spent over $2 trillion on goods and services in 2022.
- Government spending accounts for approximately 20% of U.S. GDP.
- This metric excludes transfer payments like Social Security and Medicare.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Not Seasonally Adjusted' series tracks the U.S. government's spending on goods and services, excluding transfer payments, on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the government's fiscal policy stance and its contribution to aggregate demand 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 using national income and product accounts.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this trend to assess the government's role in the broader economy and inform fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a lag of approximately 3 months.
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Nominal General Government Final Consumption Expenditure for Canada
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (NCGGNSAXDCCAQ), retrieved from FRED.