Annual, Not Seasonally Adjusted
BPCRTD01RUA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
521,406,080,000.00
Year-over-Year Change
594.03%
Date Range
1/1/1994 - 1/1/2011
Summary
This economic trend measures the U.S. current account balance on an annual, not seasonally adjusted basis. It is a key indicator of the nation's trade position and overall economic performance.
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 current account balance tracks the difference between a country's imports and exports of goods, services, and income flows. A positive balance indicates a trade surplus, while a negative balance signals a trade deficit. This measure provides important insights into a country's economic competitiveness and ability to finance its domestic investment.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts closely monitor the current account balance to assess the health of the U.S. economy and guide trade and macroeconomic policies.
Key Facts
- The U.S. current account deficit was $229.2 billion in 2021.
- The current account balance is measured as a percentage of GDP.
- A persistent trade deficit can impact exchange rates and capital flows.
FAQs
Q: What does this economic trend measure?
A: This trend measures the U.S. current account balance, which tracks the difference between the country's imports and exports of goods, services, and income flows.
Q: Why is this trend relevant for users or analysts?
A: The current account balance is a key indicator of a country's trade position and economic competitiveness. It provides important insights for policymakers and analysts assessing the health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the current account balance to guide trade and macroeconomic policies that can impact exchange rates, capital flows, and overall economic performance.
Q: Are there update delays or limitations?
A: The current account balance data is released quarterly with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPCRTD01RUA637S), retrieved from FRED.