Government Spending in the United States increased to 3337.96 USD Billion in the first quarter of 2020 from 3331.06 USD Billion in the fourth quarter of 2019.
Government Spending in the United States averaged 2077.48 USD Billion from 1950 until 2020, reaching an all time high of 3337.96 USD Billion in the first quarter of 2020 and a record low of 599.63 USD Billion in the first quarter of 1950. This page provides the latest reported value for - United States Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Government Spending - values, historical data and charts - was last updated on May of 2020.
Government Spending in the United States is expected to be 2753.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in the United States to stand at 3408.00 in 12 months time. In the long-term, the United States Government Spending is projected to trend around 3309.00 USD Billion in 2021 and 3375.00 USD Billion in 2022, according to our econometric models.