US Dollars, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted
BPDBTD01AUQ637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64,314,712,970.40
Year-over-Year Change
12.46%
Date Range
7/1/1959 - 10/1/2013
Summary
This economic trend measures the total U.S. dollar value of trade in goods and services, reported on a quarterly basis without seasonal adjustments.
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' metric provides insight into the overall trade balance of the United States, tracking imports and exports across key economic sectors.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Historical Context
This trend is closely monitored by policymakers, investors, and economists to assess the strength of the U.S. economy and its global trade position.
Key Facts
- The U.S. trade deficit reached a record high of $84.9 billion in March 2022.
- Goods account for the largest share of U.S. trade, with services comprising around a quarter of total trade.
- China is the United States' largest trading partner, accounting for over $600 billion in total trade annually.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of U.S. trade in goods and services on a quarterly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The U.S. trade balance is a key indicator of the country's economic health and global competitiveness, providing insight into the strength of American exports and imports.
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 and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and economists closely monitor this trend to assess the overall trade position of the United States and inform decisions related to trade, tariffs, and economic strategy.
Q: Are there update delays or limitations?
A: This data is published on a quarterly basis, with a typical 2-3 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Quarterly, Not Seasonally Adjusted (BPDBTD01AUQ637N), retrieved from FRED.