Annual, Not Seasonally Adjusted
BPBLTD01TRA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-80,023,000,000.00
Year-over-Year Change
2279.51%
Date Range
1/1/1984 - 1/1/2013
Summary
This trend measures the annual, not seasonally adjusted balance of payments for trade in goods and services. It is a key indicator of a country's international economic position and trade flows.
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 transactions with the rest of the world. The trade balance, which captures the net flow of goods and services, is a crucial component used by economists to analyze a nation's economic performance and external competitiveness.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of import and export activity.
Historical Context
Policymakers monitor trade balance trends to inform decisions on trade policy, exchange rates, and macroeconomic management.
Key Facts
- The U.S. has run a trade deficit since the 1970s.
- China is the largest trading partner for the U.S.
- Trade deficits can impact currency exchange rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted balance of trade in goods and services between the U.S. and the rest of the world.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a key indicator of a country's international economic position and competitiveness. It informs policymakers and analysts about the strength of a nation's trade relationships and external accounts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of import and export activity.
Q: How is this trend used in economic policy?
A: Policymakers monitor trade balance trends to inform decisions on trade policy, exchange rates, and broader macroeconomic management.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a lag of several weeks. It may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPBLTD01TRA637S), retrieved from FRED.