Federal Government Purchases of Goods and Services, National Defense for United States
Q15036USQ027SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.00
Year-over-Year Change
12.87%
Date Range
1/1/1946 - 4/1/1966
Summary
This economic trend measures U.S. federal government purchases of goods and services for national defense. It is a key indicator of government fiscal policy and defense spending.
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 Purchases of Goods and Services, National Defense trend represents the dollar value of federal purchases of goods and services for national defense purposes. This metric is used by economists and policymakers to analyze government spending patterns and assess the impact on the broader economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is widely used to inform economic policy decisions and market analysis.
Key Facts
- Defense spending accounts for over 50% of total federal discretionary outlays.
- This metric has shown steady growth over the past decade.
- National defense spending is a major driver of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of U.S. federal government purchases of goods and services for national defense purposes.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of government fiscal policy and defense spending, providing insight into economic and security priorities.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists and policymakers to analyze government spending patterns and assess the impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Federal Government Purchases of Goods and Services, National Defense for United States (Q15036USQ027SNBR), retrieved from FRED.