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

    Billions of DollarsQuarterlySeasonally Adjusted Annual Rate
    FRED
    Current Value
    4,278.01
    Billions of Dollars
    As of January 1, 2026
    +0.89%period change
    Oct 49Apr 55Oct 60Apr 66Jul 71Jul 76Oct 81Apr 87Oct 92Apr 98Oct 03Apr 09Jul 14Jan 20Jan 2601.5K3.0K4.5K6.0KBillions of Dollars

    Gray bands: NBER recessions·Dashed lines: key policy events

    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 January 1, 2026, the current state and local government current expenditures is 4278.01 Billions of Dollars. This is the most recent observation available for this series, updated quarterly.

    Historical Trend

    State and Local Government Current Expenditures rose 0.89% quarter-over-quarter. Over the past year, state and local government current expenditures rose 5.46% from January 2025. In the series' tracked history, the highest recorded value was 4278.01 (January 2026), and the lowest was 13.12 (January 1947).

    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)...

    View on FRED

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