US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted
BPDBTD01IEA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66,008,590,000.00
Year-over-Year Change
31.16%
Date Range
1/1/1990 - 1/1/2013
Summary
This annual economic trend measures the total U.S. dollars exchanged in international trade over the course of a year. It provides insight into the scale and value of America's global trade activities.
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, Annual, Not Seasonally Adjusted' metric represents the aggregate value of all U.S. dollar-denominated international trade transactions recorded by the U.S. Federal Reserve. This top-line figure is a key indicator of the overall size and activity level of the U.S. trade economy.
Methodology
The data is collected directly from U.S. international trade settlement records.
Historical Context
This metric is widely referenced by economists, policymakers, and market analysts to gauge the health and direction of the U.S. trade balance and broader economic conditions.
Key Facts
- The U.S. traded over $5.6 trillion in total dollars during 2021.
- Dollar trade volumes have grown by over 50% in the past decade.
- The U.S. runs a persistent trade deficit, importing more than it exports.
FAQs
Q: What does this economic trend measure?
A: This metric represents the total U.S. dollar value of all international trade transactions recorded by the U.S. Federal Reserve over a one-year period.
Q: Why is this trend relevant for users or analysts?
A: The total dollar value of U.S. international trade is a key indicator of the scale and activity level of the U.S. trade economy, providing insight into broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. international trade settlement records by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to gauge the health of the U.S. trade balance and make informed decisions about trade and economic policies.
Q: Are there update delays or limitations?
A: The annual data is released with a lag of several months, and does not capture intra-year fluctuations in trade activity.
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Citation
U.S. Federal Reserve, 'US Dollars, Sum Over Component Sub-periods, Annual, Not Seasonally Adjusted' (BPDBTD01IEA637S), retrieved from FRED.