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

Latest updates. In the United States, real state and local spending was 2,475 USD billion (2017; annual rate) in 2025-Q2, compared to 2,456 in 2025-Q1. This constitutes a gain of 0.77 percent.

Sample. There are 74 records overall in the quarterly series displayed in the figure above. The period covered by the series goes from March 2007 to June 2025.

History. Here's a snapshot of a few descriptive statistics computed on the whole sample: real state and local spending had an average value of 2,165 USD billion (2017; annual rate); it recorded its highest level of 2,475 in June 2025; it recorded a bottom of 1,979 in March 2014.

Latest values

Date Value - Chained 2017 US dollars (USD) million
2024-12-31 2444686.0
2025-03-31 2456304.0
2025-06-30 2475300.0

Suggestion. We organize indicators into worksheets and datasets to simplify exploration. If you navigate further down, you will discover how we structured further information related to the statistics provided here.

Not for investment purposes. Time series and other data distributed on FetchSeries are not not supposed to be used for investment purposes or other financial decisions. Users should obtain expert advice and do their own independent due diligence before making any financial commitments.

Series Metadata

Field Value
Description Real government consumption expenditures and gross investment: State and local
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 314 1947-03-31 2025-06-30

Main GDP components

Series Name Observations Start Date End Date
Real personal consumption expenditures (PCE) (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Real gross private domestic investment (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Real net exports of goods and services (chained 2017 USD million) - United States - BEA - Quarterly 222 1970-03-31 2025-06-30
Real government consumption expenditures and gross investment (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

PCE components

Series Name Observations Start Date End Date
Real personal consumption expenditures (PCE): Goods (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real personal consumption expenditures (PCE): Goods: Durable goods (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real personal consumption expenditures (PCE): Goods: Nondurable goods (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real personal consumption expenditures (PCE): Services (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30

Investment components

Series Name Observations Start Date End Date
Real gross private domestic investment: Fixed investment (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real gross private domestic investment: Fixed investment: Nonresidential (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real gross private domestic investment: Fixed investment: Nonresidential: Structures (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real gross private domestic investment: Fixed investment: Nonresidential: Equipment (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real gross private domestic investment: Fixed investment: Nonresidential: Intellectual property products (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real gross private domestic investment: Fixed investment: Residential (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real gross private domestic investment: Change in private inventories (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30

Net exports components

Series Name Observations Start Date End Date
Real exports (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Real exports: Goods (chained 2017 USD million) - United States - BEA - Quarterly 222 1970-03-31 2025-06-30
Real exports: Services (chained 2017 USD million) - United States - BEA - Quarterly 222 1970-03-31 2025-06-30
Real imports (chained 2017 USD million) - United States - BEA - Quarterly 314 1947-03-31 2025-06-30
Real imports: Goods (chained 2017 USD million) - United States - BEA - Quarterly 222 1970-03-31 2025-06-30
Real imports: Services (chained 2017 USD million) - United States - BEA - Quarterly 222 1970-03-31 2025-06-30

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 74 2007-03-31 2025-06-30
Real government consumption expenditures and gross investment: Federal: National defense (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real government consumption expenditures and gross investment: Federal: Nondefense (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30
Real government consumption expenditures and gross investment: State and local (chained 2017 USD million) - United States - BEA - Quarterly 74 2007-03-31 2025-06-30

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 314 1947-03-31 2025-06-30