Annual, Not Seasonally Adjusted
BPDBTD01RUA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
323,767,090,000.00
Year-over-Year Change
720.42%
Date Range
1/1/1994 - 1/1/2011
Summary
This trend measures the total value of U.S. international trade in goods and services on an annual, not seasonally adjusted basis. It provides a comprehensive view of the U.S. balance of trade and is a key economic indicator.
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 balance of trade tracks the difference between the total value of U.S. exports and imports of goods and services. It is a broad measure of the U.S. trade position and economic competitiveness.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using surveys and administrative records.
Historical Context
The trade balance is closely monitored by policymakers, analysts, and markets for insights into the U.S. economy and international economic dynamics.
Key Facts
- The U.S. has run a trade deficit every year since 1975.
- Trade with China accounts for the largest U.S. bilateral trade deficit.
- Services trade typically runs a surplus, while goods trade runs a deficit.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual value of U.S. exports and imports of goods and services, providing the overall U.S. trade balance on a not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a key economic indicator that provides insights into U.S. competitiveness, consumer demand, and international economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using surveys and administrative records.
Q: How is this trend used in economic policy?
A: The trade balance is closely monitored by policymakers, analysts, and markets for its implications on the U.S. economy, trade negotiations, and international economic relations.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted trade balance data is typically released by the BEA with a 2-3 month lag.
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Citation
U.S. Bureau of Economic Analysis, Annual, Not Seasonally Adjusted (BPDBTD01RUA637S), retrieved from FRED.