Sales: Manufacturing: Intermediate Goods: Value for Euro Area (19 Countries)
Quarterly, Not Seasonally Adjusted
SLMNIG02EZQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.70
Year-over-Year Change
29.51%
Date Range
1/1/1990 - 7/1/2023
Summary
This series measures the quarterly, not seasonally adjusted value of U.S. net interest income for the government sector. It provides insights into the federal government's borrowing costs and debt service expenses.
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 Quarterly, Not Seasonally Adjusted series tracks the net interest income for the U.S. government on a quarterly basis without adjusting for seasonal factors. This metric is a key indicator of the federal government's financing costs and can inform fiscal and monetary policy decisions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on government budget and financial accounts.
Historical Context
Policymakers and analysts use this trend to assess the government's debt servicing burden and overall fiscal position.
Key Facts
- The U.S. government paid $479 billion in net interest in 2022.
- Net interest expense accounts for 8% of total federal outlays.
- Interest costs have risen as the federal debt has grown.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly, not seasonally adjusted value of net interest income for the U.S. government sector. It captures the federal government's borrowing costs and debt service expenses.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing the government's fiscal position and debt servicing burden, which can inform policy decisions around taxation, spending, and borrowing.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on government budget and financial accounts.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the government's debt servicing costs and overall fiscal health, which can inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve with a typical lag of 2-3 months.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (SLMNIG02EZQ661N), retrieved from FRED.