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NIFA

FY21 Federal Budget Finalized

February 1, 2021 Leave a Comment

Figure 1 shows the budgets of the seven mid-sized statistical agencies normalized to their FY09 levels, along with the GDP deflator to account for inflation. Budget restructuring for ERS in FY15 and ORES in FY19 are accounted for in the graph to allow for comparison over this time period. One-time moving costs in FY16 for BEA are also omitted. [Key: BEA, Bureau of Economic Analysis; BJS, Bureau of Justice Statistics; BTS, Bureau of Transportation Statistics; ERS, USDA Economic Research Service; NCSES, NSF National Center for Science and Engineering Statistics; ORES, Social Security Administration Office of Research, Evaluation, and Statistics; SOI, IRS Statistics of Income Division]

The NIH, NSF, and several federal statistical agencies received increases, but many are facing fiscal challenges after years of purchasing power loss.

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