Quarterly, Not Seasonally Adjusted
BOPMITN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-147.93
Year-over-Year Change
14.41%
Date Range
1/1/1960 - 1/1/2014
Summary
The Quarterly, Not Seasonally Adjusted series measures the U.S. balance of payments from international trade and financial transactions. This metric is crucial for understanding the United States' economic position and trade relationships with other countries.
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 tracks all economic transactions between residents of the United States and the rest of the world. It includes the current account, which covers trade in goods and services, as well as the capital and financial accounts, which record investment flows and other financial transactions.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using information from government agencies and surveys.
Historical Context
Policymakers and analysts closely monitor the balance of payments to assess the strength of the U.S. economy and the nation's competitiveness in global markets.
Key Facts
- The U.S. has run a trade deficit since the 1970s.
- China is the largest holder of U.S. government debt.
- The services trade surplus partially offsets the goods trade deficit.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted series measures the overall balance of payments, including the current account, capital account, and financial account, for the United States.
Q: Why is this trend relevant for users or analysts?
A: The balance of payments is a key indicator of a country's economic health and trade competitiveness. It provides insight into the United States' trading relationships and financial flows with the rest of the world.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using information from government agencies and surveys.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the balance of payments to assess the strength of the U.S. economy and the nation's competitiveness in global markets, informing decisions on trade, investment, and economic policies.
Q: Are there update delays or limitations?
A: The Quarterly, Not Seasonally Adjusted data is published by the Federal Reserve with a delay of several months, and may be subject to revisions as more complete information becomes available.
Related Trends
Secondary income receipts: Statistical differences, ITA vs. NIPA
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Secondary income (current transfer) receipts
IEAXSIR
Primary Income Receipts: Investment income: Direct investment income
IEAXID
Primary Income Receipts: Investment income: Portfolio investment income
IEAXIPA
Primary Income Receipts: Investment income: Reserve asset income
IEAXIR
Secondary income receipts: Adjustment for U.S. territories and Puerto Rico
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (BOPMITN), retrieved from FRED.