Personal current transfer receipts: Government social benefits to pers
Housing · FRED/Treasury · W823RC1
What this measures. Social security benefits include old-age, survivors, and disability insurance benefits that are distributed from the federal old-age and survivors insurance trust fund and the disability insurance trust fund. A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)
The latest reading sits at VERY LOW relative to this series' own history (796 observations) — a statement of where it is in its range, not a forecast. Hover the chart for values; the marked point is the most recent observation.
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