Annual, Not Seasonally Adjusted

BPCRIN01FRA636S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

145,045,000,000.00

Year-over-Year Change

70.84%

Date Range

1/1/1995 - 1/1/2013

Summary

This economic trend measures the annual value of international service trade for the United States, without seasonal adjustments. It provides insight into the country's service exports and imports over time.

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 'Annual, Not Seasonally Adjusted' series for international service trade tracks the total value of U.S. service exports and imports on a yearly basis, without accounting for seasonal variations. This metric is used by economists and policymakers to analyze long-term trends in the nation's service trade balance.

Methodology

The data is collected through surveys of U.S. companies and individuals engaged in international service transactions.

Historical Context

This trend is relevant for understanding the U.S. trade position and competitiveness in the global services market.

Key Facts

  • The U.S. ran a $261 billion surplus in international service trade in 2021.
  • Travel services account for the largest component of U.S. service exports.
  • Financial services are the largest category of U.S. service imports.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total annual value of U.S. service exports and imports, without adjusting for seasonal variations.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the U.S. trade position and competitiveness in the global services market, which is important for economic policymaking.

Q: How is this data collected or calculated?

A: The data is collected through surveys of U.S. companies and individuals engaged in international service transactions.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to evaluate the U.S. trade balance and competitiveness in the global services sector.

Q: Are there update delays or limitations?

A: There may be lags in data availability, as the survey-based information requires time to collect and process.

Related Trends

Citation

U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPCRIN01FRA636S), retrieved from FRED.