US Dollars, Sum Over Component Sub-periods, Annual
BPFADI03USA637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
193,360,000,000.00
Year-over-Year Change
15.77%
Date Range
1/1/1960 - 1/1/2013
Summary
This trend measures the annual sum of US dollars exchanged in component sub-periods, providing insights into foreign exchange activity and global trade flows.
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 tracks the total value of US dollars transacted over the course of a year, aggregating exchange activity across various sub-periods. This metric is used by economists and policymakers to analyze trends in international trade, capital flows, and the global role of the US dollar.
Methodology
The data is collected and calculated by the US Federal Reserve based on reports from financial institutions.
Historical Context
This trend is closely monitored by governments, central banks, and market participants to assess the strength and stability of the US dollar in international markets.
Key Facts
- The US dollar is the world's primary reserve currency.
- Global trade is heavily denominated in US dollars.
- Exchange rate fluctuations impact international commerce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of US dollars exchanged in international transactions over the course of a year, providing insights into foreign exchange activity and global trade flows.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by economists, policymakers, and market participants to assess the strength and stability of the US dollar in international markets, which has significant implications for global trade, investment, and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve based on reports from financial institutions.
Q: How is this trend used in economic policy?
A: Governments, central banks, and other institutions use this trend to analyze the global role of the US dollar, informing monetary policy, trade negotiations, and other economic decisions.
Q: Are there update delays or limitations?
A: The data is reported annually, so there may be a delay in the most recent information. Additionally, the trend may not capture all US dollar exchange activity, as some transactions may not be fully reported.
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Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Annual (BPFADI03USA637N), retrieved from FRED.