Quarterly, Not Seasonally Adjusted
BPDBTF01EEQ636N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140,900,000.00
Year-over-Year Change
30.10%
Date Range
1/1/1992 - 1/1/2014
Summary
This trend measures the balance of trade in goods and services on a quarterly basis without seasonal adjustments. It provides a snapshot of the U.S. trade deficit or surplus and is a key indicator of the nation's economic health and global competitiveness.
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 balance of trade tracks the difference between the monetary value of a country's imports and exports over a given period. This indicator offers insights into the strength of domestic production, consumer demand, and a nation's position in international markets.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of businesses and customs declarations.
Historical Context
Policymakers and economists closely monitor trade balances to assess economic performance and guide decisions on trade, fiscal, and monetary policies.
Key Facts
- The U.S. has run a trade deficit since the 1970s.
- China is the largest source of the U.S. trade deficit.
- Trade deficits can affect exchange rates and domestic employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the balance of trade in goods and services for the United States on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The balance of trade is a key indicator of a country's economic health and global competitiveness, providing insights into domestic production, consumer demand, and a nation's position in international markets.
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 businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor trade balances to assess economic performance and guide decisions on trade, fiscal, and monetary policies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a delay of several weeks, and it does not include seasonal adjustments.
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Citation
U.S. Federal Reserve, Balance of Trade, Goods and Services, Quarterly, Not Seasonally Adjusted (BPDBTF01EEQ636N), retrieved from FRED.