Annual, Not Seasonally Adjusted
BPDBIN01RUA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102,583,110,000.00
Year-over-Year Change
784.56%
Date Range
1/1/1994 - 1/1/2011
Summary
This series measures the annual, not seasonally adjusted balance of payments for the U.S. It is a key indicator of the country's international economic transactions and 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 balance of payments tracks the inflow and outflow of money, goods, and services between the U.S. and other countries. It is used by economists and policymakers to analyze the nation's overall economic health and competitiveness.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on international trade and financial flows.
Historical Context
The balance of payments figures are closely monitored by the Federal Reserve and other government agencies for policy decisions.
Key Facts
- The U.S. had a $1.1 trillion trade deficit in 2022.
- The balance of payments has been negative since the 1970s.
- Services trade typically runs a surplus, while goods trade runs a deficit.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted balance of payments for the United States, which tracks the inflow and outflow of money, goods, and services between the U.S. and other countries.
Q: Why is this trend relevant for users or analysts?
A: The balance of payments is a key indicator of the country's international economic transactions and trade balance, and is closely monitored by economists and policymakers for analysis of the nation's overall economic health and competitiveness.
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 international trade and financial flows.
Q: How is this trend used in economic policy?
A: The balance of payments figures are closely monitored by the Federal Reserve and other government agencies for policy decisions related to trade, international economic relations, and the broader macroeconomic environment.
Q: Are there update delays or limitations?
A: The balance of payments data is released on a regular schedule by the Bureau of Economic Analysis, but there may be some delays in publication or revisions to previously reported figures.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPDBIN01RUA637S), retrieved from FRED.