Federal defense consumption expenditures and procurement
National Defense Consumption Expenditures (FDEFX) measures the total federal government spending on defense goods and services. This includes military personnel, operations, procurement of weapons systems, and research & development.
This metric is a key indicator of defense budget trends and government commitment to defense priorities. Increases in defense spending often correlate with heightened geopolitical tensions, military modernization efforts, or shifts in strategic doctrine. It represents the actual dollars flowing into the defense sector.
Units: Billions of Dollars