Rest of the World; Sector Discrepancy (IMA), Transactions
BOGZ1FA267005085A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112,715.00
Year-over-Year Change
10.71%
Date Range
1/1/1946 - 1/1/2024
Summary
The Rest of the World; Sector Discrepancy (IMA), Transactions metric measures the statistical discrepancy between total inbound and outbound transactions with foreign parties. It is a key indicator of the consistency and accuracy of U.S. international accounts data.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the statistical discrepancy between the total of all U.S. inbound transactions (imports, foreign investment in the U.S., etc.) and the total of all U.S. outbound transactions (exports, U.S. investment abroad, etc.) with the rest of the world. It is an important metric for evaluating the integrity and internal consistency of the U.S. international transactions accounts.
Methodology
The data is calculated by the Federal Reserve based on reported transactions between U.S. and foreign entities.
Historical Context
Economists and policymakers use this metric to assess the reliability of the U.S. balance of payments and international investment position data.
Key Facts
- The discrepancy reflects statistical errors and omissions in the accounts.
- The series can indicate potential measurement issues in the international accounts.
- A large or volatile discrepancy signals the need for further data quality analysis.
FAQs
Q: What does this economic trend measure?
A: This metric measures the statistical discrepancy between total inbound and outbound transactions with foreign parties recorded in the U.S. international accounts.
Q: Why is this trend relevant for users or analysts?
A: The sector discrepancy is an important indicator of the internal consistency and reliability of the U.S. balance of payments and international investment position data.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this metric based on reported transactions between U.S. and foreign entities.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the integrity and accuracy of the U.S. international accounts data, which informs economic analysis and policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with the standard release schedule for U.S. international transactions accounts.
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Citation
U.S. Federal Reserve, Rest of the World; Sector Discrepancy (IMA), Transactions (BOGZ1FA267005085A), retrieved from FRED.