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Real government consumption expenditures and gross investment: Federal (chained 2017 USD million) - United States - BEA - Quarterly

Latest updates. In the United States, real Federal spending was 1,527 billion US dollars (2017; annual rate) in 2025-Q3, compared to 1,517 in 2025-Q2. This represents an increase of 0.66 percent.

Sample. There are 75 data points overall in the quarterly series displayed in the graph above. The time span covered by the series goes from March 2007 to September 2025.

History. Have a look at a few summary statistics calculated on the whole sample: real Federal spending averaged 1,360 billion US dollars (2017; annual rate); it hit a trough of 1,186 in March 2007; it achieved a maximum of 1,559 in December 2024.

Latest values

Date Value - Chained 2017 US dollars (USD) million
2025-03-31 1537219.0
2025-06-30 1516604.0
2025-09-30 1526554.0

Suggestion. For our users' convenience, we group time series into data sets and worksheets. Scrolling downwards, you will find how we arranged further material related to the statistics found here.

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Series Metadata

Field Value
Description Real government consumption expenditures and gross investment: Federal
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

Series Name Observations Start Date End Date
Real gross private domestic investment: Fixed investment (chained 2017 USD million) - United States - BEA - Quarterly 75 2007-03-31 2025-09-30
Real gross private domestic investment: Fixed investment: Nonresidential (chained 2017 USD million) - United States - BEA - Quarterly 75 2007-03-31 2025-09-30
Real gross private domestic investment: Fixed investment: Nonresidential: Structures (chained 2017 USD million) - United States - BEA - Quarterly 75 2007-03-31 2025-09-30
Real gross private domestic investment: Fixed investment: Nonresidential: Equipment (chained 2017 USD million) - United States - BEA - Quarterly 75 2007-03-31 2025-09-30
Real gross private domestic investment: Fixed investment: Nonresidential: Intellectual property products (chained 2017 USD million) - United States - BEA - Quarterly 75 2007-03-31 2025-09-30
Real gross private domestic investment: Fixed investment: Residential (chained 2017 USD million) - United States - BEA - Quarterly 75 2007-03-31 2025-09-30
Real gross private domestic investment: Change in private inventories (chained 2017 USD million) - United States - BEA - Quarterly 315 1947-03-31 2025-09-30

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