Key data points
Last release
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Next release
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Time to release
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Forecast
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Observation period
Q1 2024
Highest
3.90 TUSDMar 31, 2024
Lowest
599.63 BUSDMar 31, 1950
About United States Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.