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    FDEFX

    Federal Government: National Defense Consumption Expenditures and Gross Investment — Current Value & Historical Data

    Billions of DollarsQuarterlySeasonally Adjusted Annual Rate
    FRED
    Current Value
    1,159.18
    Billions of Dollars
    As of October 1, 2025
    -0.23%period change
    Oct 14Oct 15Oct 16Oct 17Oct 18Oct 19Oct 20Oct 21Oct 22Oct 23Oct 24Oct 2503006009001.2KBillions of Dollars

    What is Federal Government: National Defense Consumption Expenditures and Gross Investment?

    BEA Account Code: A824RC A Guide to the National Income and Product Accounts of the United States (NIPA) -.

    Current Federal Government: National Defense Consumption Expenditures and Gross Investment Value

    As of October 1, 2025, the current federal government: national defense consumption expenditures and gross investment is 1159.18 Billions of Dollars. This is the most recent observation available for this series, updated quarterly.

    Historical Trend

    Federal Government: National Defense Consumption Expenditures and Gross Investment fell 0.23% quarter-over-quarter. Over the past year, federal government: national defense consumption expenditures and gross investment rose 3.25% from October 2024. In the series' tracked history, the highest recorded value was 1161.91 (July 2025), and the lowest was 723.17 (April 2016).

    Methodology & Source

    Source: Federal Reserve Economic Data (FRED)

    Frequency: Quarterly

    Units: Billions of Dollars

    Notes:

    BEA Account Code: A824RC A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)...

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