Nominal General Government Final Consumption Expenditure for Russia
Annual
NCGGXDCRUA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37,320,459.80
Year-over-Year Change
205.00%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the U.S. government's net total capital expenditures, providing insights into fiscal policy and economic investment.
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 Annual trend represents the U.S. government's net capital outlays, including major purchases and construction projects. It serves as an important indicator of the public sector's contribution to economic growth and infrastructure development.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis from government financial accounts.
Historical Context
Policymakers and analysts use this trend to evaluate the government's fiscal priorities and the potential impact on the broader economy.
Key Facts
- The Annual trend reached a high of $517 billion in 2010.
- Government capital expenditures declined from 2010 to 2016 before rebounding.
- Increased government investment can stimulate economic growth.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the U.S. government's net capital expenditures, including major purchases and construction projects.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the government's fiscal priorities and its potential impact on economic growth and infrastructure development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis from government financial accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the government's fiscal priorities and the potential impact on the broader economy.
Q: Are there update delays or limitations?
A: The Annual trend data is typically updated on a quarterly basis with some potential for delays.
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Citation
U.S. Federal Reserve, Annual (NCGGXDCRUA), retrieved from FRED.