US Dollars, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted

BPCRSE01IEQ637N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

30,629,130,000.00

Year-over-Year Change

18.14%

Date Range

1/1/1990 - 1/1/2014

Summary

This economic trend measures the total U.S. dollar value of international transactions over a given quarter, providing insights into the nation's balance of payments and global economic engagement.

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, Not Seasonally Adjusted' series tracks the total value of financial and trade flows between the U.S. and other countries on a quarterly basis. This metric is used by economists and policymakers to analyze the U.S. external sector and its position in the global economy.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis based on financial transaction records.

Historical Context

This balance of payments trend is a key indicator for assessing the U.S. trade deficit or surplus and the nation's broader economic relationships with global markets.

Key Facts

  • The U.S. reported a $234.8 billion trade deficit in Q4 2022.
  • Services trade surplus was $85.3 billion in Q4 2022.
  • Goods trade deficit was $320.1 billion in Q4 2022.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total U.S. dollar value of international transactions, including trade in goods and services as well as financial flows, over a given quarter.

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

A: This balance of payments data provides insights into the U.S. trade position and broader economic engagement with global markets, which is crucial for economic analysis and policymaking.

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 financial transaction records.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this balance of payments data to assess the U.S. trade deficit or surplus, which informs decisions related to trade policy, exchange rates, and broader macroeconomic management.

Q: Are there update delays or limitations?

A: The balance of payments data is released quarterly by the U.S. Bureau of Economic Analysis, with a typical 2-3 month delay from the end of the reference period.

Related Trends

Citation

U.S. Bureau of Economic Analysis, US Dollars, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted (BPCRSE01IEQ637N), retrieved from FRED.