Makrognosis

United States Real Govt: Federal (q/q SAAR)

QuarterlyReal (inflation-adjusted)Code US.GDP.Q.REAL.GRP-GOV-FED

Latest15.8%Q3 2026
Previous−2.4%Q2 2026
Year ago0.5%Q3 2025

United States Real Govt: Federal (q/q SAAR) was 15.8% in Q3 2026, up 18.2 percentage points from Q2 2026 and up 15.3 percentage points from a year earlier.

That is the highest reading since Q1 2021.

Over the past ten years it has ranged from −15.7% (Q4 2025) to 32.5% (Q2 2020), averaging 2.3%.

United States Real Govt: Federal (q/q SAAR) (% SAAR), Q1 1966 – Q3 2026−20%−10%0%10%20%30%197019801990200020102020Robomacro
United States Real Govt: Federal (q/q SAAR) (% SAAR), Q1 1966 – Q3 2026. Source: U.S. Bureau of Economic Analysis.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
Q3 202615.8%
Q2 2026−2.4%
Q1 202610.9%
Q4 2025−15.7%
Q3 20250.5%
Q2 2025−0.4%
Q1 2025−6.6%
Q4 20243.3%
Q3 20245.4%
Q2 20243.6%
Q1 20242.1%
Q4 20233.5%
Q3 20236.5%
Q2 20230.7%
Q1 20234.6%
Q4 20228.7%
Q3 2022−1.7%
Q2 2022−3.2%
Q1 2022−8.2%
Q4 20213.5%
Q3 2021−8.1%
Q2 2021−7.8%
Q1 202117.3%
Q4 20200.4%

Last 24 observations. The full history (243 observations) is available through the API.

Get United States Real Govt: Federal (q/q SAAR) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US.GDP.Q.REAL.GRP-GOV-FED"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US.GDP.Q.REAL.GRP-GOV-FED",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ3 2026
First observationQ1 1966
Observations243
FrequencyQuarterly
Units% SAAR
AdjustmentReal (inflation-adjusted)
10-year high32.5% (Q2 2020)
10-year low−15.7% (Q4 2025)
10-year average2.3%
Source agencyU.S. Bureau of Economic Analysis
Makrognosis codeUS.GDP.Q.REAL.GRP-GOV-FED

More United States GDP series

United States GDP (Gross Domestic Product)United States Nominal GDP (SAAR)United States Real Exports of Goods & Services (SAAR)United States Real Exports: Goods (q/q SAAR)United States Real Exports: Services (q/q SAAR)United States Real Fixed Investment (q/q SAAR)United States Real Govt Consumption & Investment (SAAR)United States Real Govt: Federal Nondefense (SAAR)United States Real Govt: National Defense (SAAR)United States Real Govt: State & Local (q/q SAAR)United States Real Gross Private Dom. Investment (SAAR)United States Real Imports of Goods & Services (SAAR)United States Real Imports: Goods (q/q SAAR)United States Real Imports: Services (q/q SAAR)United States Real Investment: Equipment (SAAR)United States Real Investment: Intellectual Prop. (SAAR)United States Real Investment: Structures (SAAR)United States Real Nonresidential Investment (SAAR)United States Real PCE (q/q SAAR % chg)United States Real PCE: Durable Goods (q/q SAAR)

Other United States indicators

United States GDP (Gross Domestic Product)United States Nominal GDP (SAAR)United States CPI-U, All Items (NSA)United States Inflation Rate (CPI)United States Core CPI (ex food & energy) (NSA)United States Core Inflation RateUnited States Unemployment RateUnited States Unemployment Rate (NSA)United States Credit Rating & Sovereign Risk ScoreUnited States Industrial ProductionUnited States Retail SalesUnited States Producer Price Inflation (PPI)United States Current account balance, SAUnited States Current account balance, annualUnited States Trade Balance: Goods & ServicesUnited States Exports of Goods & Services (BOP basis)

FAQ

What is the current real Govt: Federal (q/q SAAR) in United States?
The latest reading is 15.8% for Q3 2026, published by U.S. Bureau of Economic Analysis.
Where does this data come from?
It is collected directly from U.S. Bureau of Economic Analysis and is available through the Makrognosis API under the code US.GDP.Q.REAL.GRP-GOV-FED.

Last updated 2026-10-30. Source: U.S. Bureau of Economic Analysis. Original title: “Real Govt: Federal (q/q SAAR)”.