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    State and Local Government Current Expenditures — Current Value & Historical Data

    Billions of DollarsQuarterlySeasonally Adjusted Annual Rate
    FRED
    Current Value
    4,240.42
    Billions of Dollars
    As of October 1, 2025
    +0.69%period change
    Oct 14Oct 15Oct 16Oct 17Oct 18Oct 19Oct 20Oct 21Oct 22Oct 23Oct 24Oct 2501.5K3.0K4.5K6.0KBillions of Dollars

    What is State and Local Government Current Expenditures?

    BEA Account Code: W024RC A Guide to the National Income and Product Accounts of the United States (NIPA) -.

    Current State and Local Government Current Expenditures Value

    As of October 1, 2025, the current state and local government current expenditures is 4240.42 Billions of Dollars. This is the most recent observation available for this series, updated quarterly.

    Historical Trend

    State and Local Government Current Expenditures rose 0.69% quarter-over-quarter. Over the past year, state and local government current expenditures rose 5.32% from October 2024. In the series' tracked history, the highest recorded value was 4240.42 (October 2025), and the lowest was 2445.59 (January 2014).

    Methodology & Source

    Source: Bureau of Economic Analysis

    Frequency: Quarterly

    Units: Billions of Dollars

    Notes:

    BEA Account Code: W024RC 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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