US Dollars, Sum Over Component Sub-periods, Annual

BPFADI01PTA637N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

9,898,120,000.00

Year-over-Year Change

-1058.39%

Date Range

1/1/1993 - 1/1/2010

Summary

This economic trend measures the total US dollar value of personal transfers received by US residents from the rest of the world on an annual basis. It is a key indicator of international financial flows and household income from overseas sources.

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' trend represents the aggregate value of personal transfers, such as worker remittances, pension payments, and other private transfers, flowing into the United States from non-residents. This data point is used by economists to analyze patterns in global financial linkages and household-level reliance on foreign income sources.

Methodology

The data is collected by the US Bureau of Economic Analysis through surveys and administrative records.

Historical Context

Policymakers and market analysts use this metric to gauge the strength of the US dollar, cross-border economic integration, and trends in household financial resilience.

Key Facts

  • Annual US personal transfer receipts exceeded $200 billion in 2021.
  • Remittances make up the largest component of personal transfers to the US.
  • The US is a major recipient of personal transfers globally.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total annual US dollar value of personal transfers, such as worker remittances and other private financial flows, received by US residents from non-residents.

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

A: This metric is relevant for understanding patterns in international financial linkages, the strength of the US dollar, and the reliance of US households on foreign income sources.

Q: How is this data collected or calculated?

A: The data is collected by the US Bureau of Economic Analysis through surveys and administrative records.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts use this metric to gauge cross-border economic integration and trends in household financial resilience.

Q: Are there update delays or limitations?

A: The data is released annually with a lag of several months.

Related Trends

Citation

U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Annual (BPFADI01PTA637N), retrieved from FRED.