Quarterly, Not Seasonally Adjusted
BOPOGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.86
Year-over-Year Change
56.86%
Date Range
1/1/1960 - 1/1/2014
Summary
The Quarterly, Not Seasonally Adjusted (BOPOGN) series measures the U.S. balance of payments, a key economic indicator tracked by policymakers and analysts.
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 the flow of goods, services, and capital between the U.S. and other countries. This provides insights into trade imbalances, exchange rates, and the overall strength of the U.S. economy.
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 the Federal Reserve and other institutions to inform economic and trade policies.
Key Facts
- The U.S. has run a trade deficit for over 40 years.
- China is the largest holder of U.S. debt at over $1 trillion.
- The balance of payments is a core component of GDP.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted (BOPOGN) 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 provides insights into trade imbalances, exchange rates, and the overall strength of the U.S. economy, making it a key indicator tracked by 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 closely monitored by the Federal Reserve and other institutions to inform economic and trade policies.
Q: Are there update delays or limitations?
A: The BOPOGN series is released quarterly with a delay of several weeks.
Related Trends
Seasonal Adjustment Discrepancy
IEASAD
US Incurrence of Portfolio Investment Liabilities: Debt securities
IEAIPID
US Acquisition of Other Reserve Assets: Securities
IEAAS
Financial derivatives other than reserves, net transactions
IEAFD
US Acquisition of Reserve Assets: Reserve position in the International Monetary Fund
IEAARIMF
US Acquisition of Direct Investment Assets: Equity
IEAADIE
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (BOPOGN), retrieved from FRED.