Real government consumption expenditures and gross investment (chained 2017 USD million) - United States - BEA - Quarterly
This series is part of the dataset: US real GDP and its components
Download Full Dataset (.xlsx)Latest updates. In the United States, real government spending was 4,015 billion US dollars (2017; annual rate) in 2025-Q3, compared to 3,993 in 2025-Q2. This represents a rise of 0.55 percent.
Sample. There are 315 data points in the quarterly series presented in the chart above. The span of time covered by the series goes from March 1947 to September 2025.
History. Here's a snapshot of some descriptive statistics computed on the whole sample: real government spending was equal on average to 2,274 USD billion (2017; annual rate); it recorded its highest level of 4,015 in September 2025; it hit a minimum of 556 in December 1947.
Latest values
| Date | Value - Chained 2017 US dollars (USD) million |
|---|---|
| 2025-03-31 | 3993923.0 |
| 2025-06-30 | 3992974.0 |
| 2025-09-30 | 4014983.0 |
Heads-up. We organize time series into worksheets and datasets to simplify complex analyses. By moving down the page, you will discover how we arranged further information linked to the statistics provided here.
Not for investment purposes. Time series and other data provided on this web site are not not supposed to be used for investment purposes or as a basis for making financial decisions. Users should consult professional advice and do independent analysis before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | Real government consumption expenditures and gross investment |
| Country | United States |
| Economic concept | Flow |
| Data type | Real aggregate |
| Deflation method | Constant prices |
| Seasonally adjusted | Yes |
| Rescaling | Annual rate |
| Frequency | Quarterly |
| Unit | Chained 2017 US dollars (USD) million |
| Source | Bureau of Economic Analysis (BEA) |
| Source type | National statistical agency |
| Data licence | Open Data |
| Measure type | Level |
Series in the same data set
Discover the other time series included in this data set.
Real GDP
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real gross domestic product (GDP) (chained 2017 USD million) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
Main GDP components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real personal consumption expenditures (PCE) (chained 2017 USD million) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Real gross private domestic investment (chained 2017 USD million) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Real net exports of goods and services (chained 2017 USD million) - United States - BEA - Quarterly | 223 | 1970-03-31 | 2025-09-30 |
| Real government consumption expenditures and gross investment (chained 2017 USD million) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
PCE components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real personal consumption expenditures (PCE): Goods (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
| Real personal consumption expenditures (PCE): Goods: Durable goods (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
| Real personal consumption expenditures (PCE): Goods: Nondurable goods (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
| Real personal consumption expenditures (PCE): Services (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
Investment components
Net exports components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real exports (chained 2017 USD million) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Real exports: Goods (chained 2017 USD million) - United States - BEA - Quarterly | 223 | 1970-03-31 | 2025-09-30 |
| Real exports: Services (chained 2017 USD million) - United States - BEA - Quarterly | 223 | 1970-03-31 | 2025-09-30 |
| Real imports (chained 2017 USD million) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |
| Real imports: Goods (chained 2017 USD million) - United States - BEA - Quarterly | 223 | 1970-03-31 | 2025-09-30 |
| Real imports: Services (chained 2017 USD million) - United States - BEA - Quarterly | 223 | 1970-03-31 | 2025-09-30 |
Government spending components
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Real government consumption expenditures and gross investment: Federal (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
| Real government consumption expenditures and gross investment: Federal: National defense (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
| Real government consumption expenditures and gross investment: Federal: Nondefense (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
| Real government consumption expenditures and gross investment: State and local (chained 2017 USD million) - United States - BEA - Quarterly | 75 | 2007-03-31 | 2025-09-30 |
Residual
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Difference between real GDP and the sum of its components due to price chaining (chained 2017 USD million) - United States - BEA - Quarterly | 315 | 1947-03-31 | 2025-09-30 |