Quarterly, Not Seasonally Adjusted
BOPMSVGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.69
Year-over-Year Change
-21.81%
Date Range
1/1/1960 - 1/1/2014
Summary
The Quarterly, Not Seasonally Adjusted trend measures the U.S. balance of payments, a key economic indicator of the country's international transactions and financial 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
This economic series tracks the net flow of goods, services, and capital between the U.S. and other countries on a quarterly basis. It is an important measure of the U.S. economy's external position and is closely monitored by policymakers.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
The balance of payments is a crucial input for setting economic and trade policies.
Key Facts
- The U.S. has run a current account deficit since the 1970s.
- Services trade has offset some of the deficit in goods trade.
- The pandemic caused a sharp drop in the balance of payments in 2020.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted trend measures the net flow of goods, services, and capital between the U.S. and other countries on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The balance of payments is a key indicator of the U.S. economy's external position and financial transactions with the rest of the world, making it crucial for policymakers and analysts.
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 a crucial input for setting economic and trade policies, as it reflects the country's international financial position and transactions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, and may be subject to revisions as more information becomes available.
Related Trends
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IEAMSFN
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IMPNONPR
Imports of Goods: Manufactured Commodities for United States
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Imports of Goods: General Merchandise: Automotive vehicles, parts, and engines
IEAMGAV
U.S. Imports of Services: Maintenance and Repair Services, not included elsewhere
ITMMARM133S
Imports of Goods: Nonmonetary gold
IEAMGGN
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (BOPMSVGN), retrieved from FRED.