Quarterly, Not Seasonally Adjusted

BPCRIN01SEQ636N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

125,508,000,000.00

Year-over-Year Change

0.89%

Date Range

1/1/1982 - 4/1/2014

Summary

This economic trend measures real exports of private services on a quarterly basis without seasonal adjustments. It provides insight into the overall performance of the U.S. services trade sector.

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 real exports of private services trend represents the value of services exported by private U.S. entities, adjusted for inflation. It is a key indicator of the international competitiveness and trade balance of the American services industry.

Methodology

The data is collected from surveys of U.S. businesses and compiled by the Bureau of Economic Analysis.

Historical Context

This metric is closely monitored by policymakers, economists, and market analysts to gauge the health of the U.S. services trade position.

Key Facts

  • Reached a record high of $1.03 trillion in Q4 2021.
  • Grew by 8.3% in 2021 after declining in 2020 due to the pandemic.
  • Services account for over 75% of total U.S. exports.

FAQs

Q: What does this economic trend measure?

A: This trend measures the real (inflation-adjusted) value of services exported by private U.S. entities on a quarterly basis without seasonal adjustments.

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

A: The real exports of private services trend provides important insights into the international competitiveness and trade balance of the vital U.S. services industry.

Q: How is this data collected or calculated?

A: The data is collected from surveys of U.S. businesses and compiled by the Bureau of Economic Analysis.

Q: How is this trend used in economic policy?

A: This metric is closely monitored by policymakers, economists, and market analysts to gauge the health of the U.S. services trade position and inform trade and economic policies.

Q: Are there update delays or limitations?

A: The data is published quarterly with a lag of several months, so it may not reflect the most recent economic conditions.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (BPCRIN01SEQ636N), retrieved from FRED.