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English: United States gross federal annual deficit or surplus as percentage of receipts from 1901 to 2006. Vertical scale shows surplus or deficit as percentage of receipts (negative means deficit), horizontal scale shows years. Black bars above the 0% line indicate a surplus that year. Black bars below the 0% line indicate a deficit that year.
United States balance of trade (from 1960), with negative numbers denoting a trade deficit; The national debt was up to $80,885 per person as of 2020. [153] The national debt equated to $59,143 per person U.S. population, or $159,759 per member of the U.S. working taxpayers, back in March 2016. [154]
The net worth of the United States sharply declined to 5.2 times GDP by the end of 2008 due to declines in the values of US corporate equities and real estate in the wake of the subprime mortgage crisis and the 2007–2008 financial crisis. Between 2008 and 2009, the net worth of US households had recovered from a low of 3.55 times GDP to 3.75 ...
The Treasury General Account (TGA) is an account maintained by the United States Department of the Treasury at the Federal Reserve. [1] It receives tax payments and proceeds from the auction of Treasury securities , and disburses government payments to individuals and businesses. [ 2 ]
In 1970, the United States government spent just over $80 billion on national defense. Over the next two decades, national defense spending increased steadily to around $300 billion per year. [ 10 ] Military spending fell in the 1990s, but increased markedly in the 2000s as a result of the War in Afghanistan and Iraq .
The Treasury will sell $58 billion in U.S. three-year notes, $42 billion in 10-year notes, and $25 billion in 30-year bonds next week. These were the same auction sizes for the same securities ...
According to the Congressional Budget Office, the United States last had a budget surplus during fiscal year 2001, though the national debt still increased. [47] From fiscal years 2001 to 2009, spending increased by 6.5% of gross domestic product (from 18.2% to 24.7%) while taxes declined by 4.7% of GDP (from 19.5% to 14.8%).
The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...