Federal Reserve Economic Data: Your trusted data source since 1991

Value Added by Industry: Government: State and Local (VASL)


Q4 2023: 2,163.5 (+ more)   Updated: Mar 28, 2024 7:31 AM CDT
Q4 2023:  2,163.5  
Q3 2023:  2,130.4  
Q2 2023:  2,089.8  
Q1 2023:  2,070.1  
Q4 2022:  2,035.6  
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Billions of Dollars,
Seasonally Adjusted Annual Rate




Source: U.S. Bureau of Economic Analysis  

Release: Gross Domestic Product by Industry  

Units:  Billions of Dollars, Seasonally Adjusted Annual Rate

Frequency:  Quarterly


Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.

Suggested Citation:

U.S. Bureau of Economic Analysis, Value Added by Industry: Government: State and Local [VASL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/VASL, June 16, 2024.

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