Annual
BPDBTD01TRA637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
243,394,000,000.00
Year-over-Year Change
538.96%
Date Range
1/1/1984 - 1/1/2013
Summary
The Annual economic trend measures the annual change in total U.S. trade balance, reflecting the difference between exports and imports. It is a key indicator of a country's international economic activity and trade position.
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 trade balance trend tracks the net flow of goods and services between the U.S. and its trading partners. It is widely used by economists, policymakers, and analysts to assess the strength of the U.S. economy's trade performance and global competitiveness.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using transactions reported in the national accounts.
Historical Context
The Annual trade balance provides important context for monetary and fiscal policy decisions that can impact international trade flows.
Key Facts
- The U.S. has run a trade deficit since 1975.
- Trade deficits can be financed by borrowing from other countries.
- Reducing the trade deficit is often a policy goal to boost domestic production.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the annual change in the total U.S. trade balance, which is the difference between the value of U.S. exports and imports of goods and services.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a key indicator of a country's international economic activity and competitiveness. It provides important context for economic and policy decisions that can impact trade flows.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using transactions reported in the national accounts.
Q: How is this trend used in economic policy?
A: The Annual trade balance trend is used by policymakers, economists, and analysts to assess the strength of the U.S. economy's trade performance and inform decisions on monetary, fiscal, and trade policies.
Q: Are there update delays or limitations?
A: The Annual trade balance data is published on a regular schedule by the U.S. Bureau of Economic Analysis, with typical update delays of several weeks or months.
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Citation
U.S. Federal Reserve, Annual (BPDBTD01TRA637S), retrieved from FRED.