Key data points
Last release
—
Observation period
Q1 2025
Next release
—
Forecast
—
Highest
4.00 T USD on Dec 31, 2024
Lowest
642.04 B USD on Mar 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.