Annual, Not Seasonally Adjusted
BPDBIN01LUA636S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
225,863,000,000.00
Year-over-Year Change
273.09%
Date Range
1/1/1995 - 1/1/2013
Summary
This economic trend measures the volume of U.S. imports of goods and services on an annual, not seasonally adjusted basis. It provides important insights into the nation's international trade and economic activity.
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 imports data represents the total value of all goods and services purchased from other countries by U.S. businesses, governments, and consumers. It is a key indicator of the strength of domestic demand and the integration of the U.S. economy with global markets.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on surveys of international trade transactions.
Historical Context
This trend is widely used by policymakers, analysts, and businesses to monitor trade balances, forecast economic growth, and assess the impacts of trade policy.
Key Facts
- U.S. imports of goods and services totaled over $3.1 trillion in 2022.
- Imports have grown by an average of 5% per year over the past decade.
- China is the largest source of U.S. imports, accounting for over 20% of the total.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all goods and services imported into the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Imports data is a key indicator of domestic demand and the integration of the U.S. economy with global markets, providing important insights for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on surveys of international trade transactions.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, analysts, and businesses to monitor trade balances, forecast economic growth, and assess the impacts of trade policy.
Q: Are there update delays or limitations?
A: The annual imports data is typically released with a 3-month lag and does not account for seasonal fluctuations in trade flows.
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Citation
U.S. Bureau of Economic Analysis, Annual, Not Seasonally Adjusted (BPDBIN01LUA636S), retrieved from FRED.