Quarterly, Not Seasonally Adjusted
BOPMDN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-42.07
Year-over-Year Change
2.45%
Date Range
1/1/1960 - 1/1/2014
Summary
The Quarterly, Not Seasonally Adjusted series measures the U.S. balance of payments, which tracks the flow of goods, services, and capital between the U.S. and other countries. This metric is crucial for understanding the U.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 is a comprehensive record of a country's economic transactions with the rest of the world. It reflects the overall demand for a country's currency and is used by policymakers to evaluate the effectiveness of economic policies.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
The balance of payments is closely monitored by government officials, central banks, and international institutions to assess economic performance and guide policy decisions.
Key Facts
- The U.S. has run a current account deficit since the 1970s.
- The balance of payments must always equal zero, with the current account balanced by the capital and financial accounts.
- Persistent trade deficits can contribute to a country's accumulation of foreign debt.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted series measures the U.S. balance of payments, which tracks the flow of goods, services, and capital between the U.S. and other countries.
Q: Why is this trend relevant for users or analysts?
A: The balance of payments is a crucial indicator of a country's international economic position and is closely monitored by policymakers, central banks, and international institutions to guide economic policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The balance of payments is used by government officials, central banks, and international institutions to assess economic performance and guide policy decisions related to trade, exchange rates, and capital flows.
Q: Are there update delays or limitations?
A: The balance of payments data is released quarterly with a lag, and may be subject to revisions as more complete information becomes available.
Related Trends
Primary Income Receipts: Investment income
IEAXII
Secondary income receipts: Adjustment for U.S. territories and Puerto Rico
LA0000341A027NBEA
Primary Income Receipts: Compensation of employees
IEAXIC
Primary income receipts
IEAXI
Secondary income receipts, International Transactions Accounts
LA0000421A027NBEA
Secondary income (current transfer) receipts
IEAXSIR
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (BOPMDN), retrieved from FRED.