US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted
BPDBTD01IEQ637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,891,480,000.00
Year-over-Year Change
11.30%
Date Range
1/1/1990 - 1/1/2014
Summary
This economic trend measures the total U.S. dollar value of imports and exports of goods and services on a quarterly basis. It provides key insights into the overall trade balance and international 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 US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted metric tracks the net sum of all U.S. international trade transactions, both imports and exports, in seasonally adjusted dollar terms. Economists and policymakers use this data to assess the nation's trade position and broader economic health.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of international trade flows.
Historical Context
This trade balance metric is a critical input for understanding the U.S. economy's performance and integration with global markets.
Key Facts
- The U.S. trade deficit reached a record high of $84.9 billion in March 2022.
- Trade deficits are financed by capital inflows, which can impact domestic interest rates and asset prices.
- The trade balance is a key input for calculating Gross Domestic Product (GDP).
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of U.S. imports and exports of goods and services on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a critical indicator of the U.S. economy's performance and integration with global markets, informing economic analysis and policy decisions.
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 of international trade flows.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the trade balance to assess the nation's economic health and make informed decisions about trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Economic Analysis, with a typical 2-month lag from the end of the reference period.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Ireland
LRHUTTTTIEM156S
Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Tendency for Ireland
BVDETE02IEM460S
Harmonized Index of Consumer Prices: Bread and Cereals for Ireland
CP0111IEM086NEST
Production: Manufacturing: Consumer Goods: Total for Ireland
IRLPRMNCG01IXOBM
Consumer Price Index for Ireland
DDOE01IEA086NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Overall Index Excluding Energy, Food, Alcohol and Tobacco for Ireland
IRLCPHPLA01GYM
Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted (BPDBTD01IEQ637S), retrieved from FRED.