Sunday, March 25, 2018

Federal Revenue by State for 2016

On March 25, 2018, we updated usgovernmentspending.com with the numbers from "SOI Tax Stats - Gross Collections, by Type of Tax and State, Fiscal Year - IRS Data Book Table 5" of the IRS Data Book for 2016.  The data can be viewed on the Federal Revenue by State page here.

US GDP for 2017 Updated

On March 25, 2018, usgovernmentspending.com updated its GDP series with the latest data from the Bureau of Economic Analysis, including nominal GDP for calendar 2017 of $19.386  trillion and real GDP  for calendar 2016 of $17.093 trillion in 2009 dollars. GDP for some years previous to 2017 have been revised by BEA.

Usgovernmentspending.com uses the BEA GDP data series from 1929 to the present and measuringworth.com as its GDP source from 1790 to 1928.

Thursday, March 15, 2018

Agency Debt Update for 2017

On March 15, 2018, usgovernmentspending.com 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 usgovernmentspending.com 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.