US Dollars, Sum Over Component Sub-periods, Annual

BPFADI01FRA637N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

7,505,480,000.00

Year-over-Year Change

-120.47%

Date Range

1/1/1995 - 1/1/2013

Summary

This annual economic trend measures the total U.S. dollar value of international transactions, providing insights into the nation's balance of payments and global economic engagement.

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 series tracks the total U.S. dollar value of international transactions, including goods, services, income, and financial flows. This metric is a key indicator of the U.S. balance of payments and the country's broader economic integration with global markets.

Methodology

The data is collected and aggregated by the U.S. Bureau of Economic Analysis.

Historical Context

This trend is closely monitored by policymakers, analysts, and businesses to assess the U.S. economic position and trade dynamics.

Key Facts

  • The U.S. recorded a $787 billion trade deficit in 2022.
  • The U.S. is the world's largest economy and trading partner.
  • Services trade surplus partially offsets the goods trade deficit.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total U.S. dollar value of international transactions, including goods, services, income, and financial flows.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the U.S. balance of payments and the country's broader economic integration with global markets, which is crucial for policymakers, analysts, and businesses.

Q: How is this data collected or calculated?

A: The data is collected and aggregated by the U.S. Bureau of Economic Analysis.

Q: How is this trend used in economic policy?

A: This trend is closely monitored by policymakers to assess the U.S. economic position and trade dynamics, which informs decision-making and policy development.

Q: Are there update delays or limitations?

A: The data is released annually by the U.S. Bureau of Economic Analysis, and there may be occasional revisions to historical figures.

Related Trends

Citation

U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Annual (BPFADI01FRA637N), retrieved from FRED.