Government Spending in the United States increased to 3370.90 USD Billion in the second quarter of 2020 from 3347.86 USD Billion in the first quarter of 2020.
Government Spending in the United States averaged 2082.19 USD Billion from 1950 until 2020, reaching an all time high of 3370.90 USD Billion in the second 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 September of 2020.
Government Spending in the United States is expected to be 2847.00 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 3405.00 in 12 months time. In the long-term, the United States Government Spending is projected to trend around 3302.00 USD Billion in 2021 and 3368.00 USD Billion in 2022, according to our econometric models.