Thursday, March 15, 2018

Agency Debt Update for 2017

On March 15, 2018, has updated its data for agency debt from the Federal Reserve Board database. Data is now available for the period 1945-2017. You can see our Agency Debt page here, and a comparison with the official "on-the-books" debt here.

For the period 2018 to 2023 has "guesstimated" the agency debt, assuming that it increases at the same rate as it did in 2016 to 2017.

See "Federal 'Agency Debt' Added" for explanation of  data derivation.

Data is downloaded from the FRB data download page for "Financial Accounts of the United States (Z.1)" as follows.
  1. Select a preformatted data package: "L.211 (A) Agency- and GSE-Backed Securities, n.s.a."
  2. Click: Format package.
  3. Select: 100 years.
  4. Click: Go to Download.
  5. Click: Download File.

Monday, February 12, 2018

Federal Budget for FY19 Released

On February 12, 2019, we updated with the numbers from the historical tables in the Budget of the United States Government for Fiscal Year 2019. Actual revenue for FY 2017 and estimated revenue through FY 2023 come from Historical Tables 2.1, 2.4, and 2.5. Actual spending for FY 2017 and estimated spending at the subfunction level through FY 2023 come from Table 3.2. Budget Authority estimates come from Table 5.1, federal debt estimates come from Table 7.1 and GDP estimates come from Table 10.1. Intergovernmental transfers come from Table 12.3.

Here is how headline budget estimates for the upcoming FY 2019 fiscal year have changed since the release of the FY 2017 budget a year ago in 2016.

FY 2019 Federal Budget Changes Since 2017
$ billionEstimate in
FY18 Budget
Estimate in
FY19 Budget
Federal Outlays$4,339.6$4,406.7+$67.1
Federal Receipts$3,813.7$3,422.3-$391.4
Federal Deficit$525.9$984.4+$458.5

You can see line item changes from budget to budget here. You can compare budget estimates with actuals here.

Account level spending estimates through FY 2023 come from the Outlays table in the Public Budget Database and were updated on on February 12, 2018.

Account level budget authority estimates through FY 2023 come from the Budget Authority table in the Public Budget Database and were updated on on February 12, 2018.

Sunday, December 31, 2017

US, State Population Update for 2017

On December 20, 2017 the US Census Bureau released its US national and state population estimates for July 1, 2017.  On December 31, 2017 updated its US and state population data as follows:
  • We updated 2010-2017 population data for US and states using data from US Census Bureau Population Estimates: vintage 2017 in file nst-est2017-01.xlsx.
  • We projected 2018 thru 2022 for US and the states assuming population rate change for 2016-17.
  • We updated 2018 thru 2022 for US only using data from US Census Bureau 2014 National Population Projections in file NP2014-T1.xls. uses population data in computing per capita spending and revenue data. You can see per capita spending data in a chart here, and in a table of spending here.

You can check the data update schedule here.