US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted

BPCRSE01BRQ637S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

9,753,040,000.00

Year-over-Year Change

-4.71%

Date Range

1/1/1979 - 10/1/2014

Summary

This economic trend measures the total U.S. dollar value of international trade flows on a quarterly basis, adjusted for seasonal variations. It is a key indicator of the overall health and direction of the U.S. external trade balance.

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 US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted metric tracks the total dollar-denominated value of imports and exports of goods and services for the United States. It provides a comprehensive view of international trade activity and is widely used by economists and policymakers to assess the nation's trade position.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of international transactions.

Historical Context

This trend is closely monitored by the Federal Reserve and other government agencies to inform economic and trade policy decisions.

Key Facts

  • The U.S. trade deficit reached a record high of $84.9 billion in March 2022.
  • Exports of goods and services increased 17.7% in 2021 compared to 2020.
  • The trade deficit has widened significantly since the COVID-19 pandemic began in 2020.

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 on a quarterly basis, adjusted for seasonal variations.

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

A: The US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted metric is a key indicator of the overall health and direction of the U.S. external trade balance, making it highly relevant for economists, policymakers, and market analysts.

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 international transactions.

Q: How is this trend used in economic policy?

A: This trend is closely monitored by the Federal Reserve and other government agencies to inform economic and trade policy decisions, as it provides insights into the overall health and direction of the U.S. external trade balance.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis, with a typical update delay of 2-3 months following the end of the reference quarter.

Related Trends

Citation

U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted (BPCRSE01BRQ637S), retrieved from FRED.