Resources and Assets: Federal Agency Obligations: Total Federal Agency Obligations
RAFAOTFAO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,391.00
Year-over-Year Change
0.00%
Date Range
2/17/1999 - 4/11/2018
Summary
This economic indicator tracks the total financial obligations of federal agencies across the United States. It provides a comprehensive view of government spending commitments and fiscal resource allocation.
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 trend represents the aggregate financial commitments made by federal agencies, reflecting government spending patterns and budgetary priorities. Economists use this metric to assess fiscal policy, government resource deployment, and potential economic impacts.
Methodology
Data is collected and compiled by the U.S. Federal Reserve through comprehensive tracking of federal agency financial reporting and budgetary documentation.
Historical Context
This indicator is crucial for policymakers, budget analysts, and economists in understanding government spending trends and fiscal management strategies.
Key Facts
- Represents total financial obligations across all federal agencies
- Provides insight into government resource allocation
- Helps track fiscal policy implementation and spending patterns
FAQs
Q: What does RAFAOTFAO measure?
A: It measures the total financial obligations of all federal agencies in the United States, capturing comprehensive government spending commitments.
Q: Why is this indicator important?
A: It helps analysts and policymakers understand government spending patterns, fiscal priorities, and potential economic impacts.
Q: How often is this data updated?
A: The data is typically updated periodically by the Federal Reserve, with frequency depending on reporting cycles and data collection methods.
Q: How can this data be used?
A: Economists and policymakers use this indicator to analyze government spending trends, assess fiscal health, and inform budget decisions.
Q: What are the limitations of this data?
A: The indicator provides aggregate data and may not capture granular details of specific agency spending or immediate short-term changes.
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Citation
U.S. Federal Reserve, Resources and Assets: Federal Agency Obligations: Total Federal Agency Obligations [RAFAOTFAO], retrieved from FRED.
Last Checked: 8/1/2025