SLCEState & Local Consumption Expenditures (SLCE) — Current Value & Historical Data
FRED series title: State and Local Consumption Expenditures & Gross Investment
State & Local Consumption Expenditures (SLCE) Chart & Data Table
Gray bands: NBER recessions·Dashed lines: key policy events
What is State & Local Consumption Expenditures (SLCE)?
BEA Account Code: A829RC A Guide to the National Income and Product Accounts of the United States (NIPA) -.
Current State & Local Consumption Expenditures (SLCE) Value
As of April 1, 2026, the current state and local consumption expenditures & gross investment is 3658.10 Billions of Dollars. This is the most recent observation available for this series, updated quarterly.
State & Local Consumption Expenditures Historical Trend
State and Local Consumption Expenditures & Gross Investment rose 3.86% quarter-over-quarter. Over the past year, state and local consumption expenditures & gross investment rose 7.99% from April 2025. In the series' tracked history, the highest recorded value was 3658.10 (April 2026), and the lowest was 13.32 (January 1947).
Methodology & Source
Source
Bureau of Economic Analysis
Frequency
Quarterly
Units
Billions of Dollars
Notes
BEA Account Code: A829RC A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)...
Frequently Asked Questions About State & Local Consumption Expenditures (SLCE)
What is the current state and local consumption expenditures & gross investment?
As of April 1, 2026, state and local consumption expenditures & gross investment stands at 3658.10 Billions of Dollars.
Where does state and local consumption expenditures & gross investment data come from?
State and Local Consumption Expenditures & Gross Investment data is sourced from the Federal Reserve Economic Data (FRED) system and related U.S. government agencies. Data quality and historical coverage vary by series.
How often is state and local consumption expenditures & gross investment updated?
This series is updated according to its publication schedule. Check FRED or the source agency for the most current release calendar.
What is the historical high and low for state and local consumption expenditures & gross investment?
In the available data, the highest value was 3658.10 Billions of Dollars in April 2026, and the lowest was 13.32 Billions of Dollars in January 1947.
How has state and local consumption expenditures & gross investment changed over the past year?
Over the past year, state and local consumption expenditures & gross investment increased 7.99%.
See State & Local Consumption Expenditures in context
SLCE is tracked on the State & Local Government dashboard, alongside related indicators and historical context.
View the State & Local Government dashboard →Related government-spending dashboards
How State & Local Consumption Expenditures connects to the federal budget across GOVSPENDING.ORG:
Federal Debt
Total public debt, debt held by the public, and intragovernmental holdings.
Receipts vs Outlays
Federal revenue, spending, and the resulting surplus or deficit over time.
Congressional Activity
Recent legislation, appropriations, and fiscal-related bills in Congress.
Interest Expense vs Revenue
How rising debt service costs crowd out federal spending as a share of receipts over time.
Revenue Composition
Federal receipts broken down by source — individual income, corporate, social insurance, excise taxes, and customs duties as shares of total revenue.
Agency Spending (FY 2019 vs FY 2025)
Net outlays by federal agency for FY 2019 and FY 2025, from the Treasury Monthly Treasury Statement. Both nominal and inflation-adjusted comparisons.