US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPBLTT01TRA637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-65,110,000,000.00
Year-over-Year Change
-1831.65%
Date Range
1/1/1984 - 1/1/2013
Summary
This economic trend measures the total U.S. dollar value of goods and services traded annually. It is a key indicator of the overall health and direction of the U.S. economy.
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 U.S. Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted metric represents the total dollar value of imports and exports of goods and services in the United States over a 12-month period. It provides insight into the nation's trade balance and international economic activity.
Methodology
The data is compiled by the U.S. Bureau of Economic Analysis using international trade statistics.
Historical Context
This trend is widely followed by economists, policymakers, and market analysts to assess the strength of the U.S. economy and inform trade and fiscal policy decisions.
Key Facts
- The U.S. trades over $5 trillion in goods and services annually.
- The trade deficit has widened in recent years as imports have outpaced exports.
- China is the largest trading partner with the U.S., accounting for over $600 billion in annual trade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total U.S. dollar value of imports and exports of goods and services in the United States over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall health and direction of the U.S. economy, as well as the nation's trade balance and international economic activity.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Bureau of Economic Analysis using international trade statistics.
Q: How is this trend used in economic policy?
A: This trend is widely followed by economists, policymakers, and market analysts to assess the strength of the U.S. economy and inform trade and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis with minimal delays, providing a timely snapshot of U.S. trade activity.
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Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted (BPBLTT01TRA637N), retrieved from FRED.