Quarterly, Not Seasonally Adjusted
BOPBCAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-86.13
Year-over-Year Change
-11.13%
Date Range
1/1/1960 - 1/1/2014
Summary
The 'Quarterly, Not Seasonally Adjusted' economic trend measures the Balance of Payments Current Account Balance for the United States. This metric is a key indicator of the nation's international economic position.
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
The Balance of Payments Current Account Balance tracks the net flow of goods, services, and income between the U.S. and other countries. It is an important measure of a country's trade and financial transactions with the rest of the world.
Methodology
The data is collected and published quarterly by the U.S. Bureau of Economic Analysis.
Historical Context
Economists and policymakers monitor the current account balance to understand the nation's trade performance and international competitiveness.
Key Facts
- The U.S. has run a current account deficit since the 1970s.
- China is the largest holder of U.S. debt, which is linked to the current account.
- The current account balance is a component of a country's gross domestic product (GDP).
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments Current Account Balance tracks the net flow of goods, services, and income between the U.S. and other countries.
Q: Why is this trend relevant for users or analysts?
A: The current account balance is an important indicator of a country's trade performance and international competitiveness, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and published quarterly by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Economists and policymakers use the current account balance to understand the nation's trade position and inform decisions related to trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short delay, and may be subject to revisions as more complete information becomes available.
Related Trends
Citation
U.S. Federal Reserve, Balance of Payments Current Account Balance (BOPBCAN), retrieved from FRED.