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Line 1 - Real government consumption expenditures and gross investment: Federal: National defense
Line 1
(a) Real government consumption expenditures and gross investment: Federal: National defense, Billions of Chained 2017 Dollars, Seasonally Adjusted Annual Rate (A824RX1Q020SBEA)
BEA Account Code: A824RX For more information about this series, please see http://www.bea.gov/national/.

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    For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

    Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

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    Select a date that will equal 100 for your custom index:
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    Line 1 - Real government consumption expenditures and gross investment: Federal: National defense
    Line 2
    (a) Real government consumption expenditures and gross investment: Federal: National defense, Billions of Chained 2017 Dollars, Seasonally Adjusted Annual Rate (A824RX1Q020SBEA)
    BEA Account Code: A824RX For more information about this series, please see http://www.bea.gov/national/.

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD
    (b) Real Gross Domestic Product, Billions of Chained 2017 Dollars, Seasonally Adjusted Annual Rate (GDPC1)
    BEA Account Code: A191RX Real gross domestic product is the inflation adjusted value of the goods and services produced by labor and property located in the United States.For more information see the Guide to the National Income and Product Accounts of the United States (NIPA). For more information, please visit the Bureau of Economic Analysis (http://www.bea.gov/national/pdf/nipaguid.pdf).

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD
    to

    Write a custom formula to transform one or more series or combine two or more series.

    You can begin by adding a series to combine with your existing series.

    Type keywords to search for data

      Now create a custom formula to combine or transform the series.

      For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

      Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

      Finally, you can change the units of your new series.

      Select a date that will equal 100 for your custom index:
          Enter date as YYYY-MM-DD

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      Line 1
      Real government consumption expenditures and gross investment: Federal: National defense
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      Line 2
      Real government consumption expenditures and gross investment: Federal: National defense/Real Gross Domestic Product
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      Notes

      Source: U.S. Bureau of Economic Analysis  

      Release: Gross Domestic Product  

      Units:  Billions of Chained 2017 Dollars, Seasonally Adjusted Annual Rate

      Frequency:  Quarterly

      Notes:

      BEA Account Code: A824RX

      For more information about this series, please see http://www.bea.gov/national/.

      Suggested Citation:

      U.S. Bureau of Economic Analysis, Real government consumption expenditures and gross investment: Federal: National defense [A824RX1Q020SBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/A824RX1Q020SBEA, March 31, 2025.

      Source: U.S. Bureau of Economic Analysis  

      Release: Gross Domestic Product  

      Units:  Billions of Chained 2017 Dollars, Seasonally Adjusted Annual Rate

      Frequency:  Quarterly

      Notes:

      BEA Account Code: A191RX

      Real gross domestic product is the inflation adjusted value of the goods and services produced by labor and property located in the United States.For more information see the Guide to the National Income and Product Accounts of the United States (NIPA). For more information, please visit the Bureau of Economic Analysis.

      Suggested Citation:

      U.S. Bureau of Economic Analysis, Real Gross Domestic Product [GDPC1], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDPC1, March 31, 2025.

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