Current Account (Excludes Exceptional Financing), Net for United States
CUAEEFUSQ052N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-152,421,923,000.00
Year-over-Year Change
-27.15%
Date Range
1/1/1973 - 10/1/2008
Summary
The Current Account (Excludes Exceptional Financing), Net for the United States measures the net balance of trade in goods, services, and income between the U.S. and the rest of the world. It is a key economic indicator of the nation's external economic 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 Current Account tracks the difference between the value of a country's imports and exports, as well as net income from international investments and unilateral transfers. It provides insight into a country's trade competitiveness and the sustainability of its external financing.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on international trade, investment, and transfer flows.
Historical Context
The Current Account is closely monitored by policymakers, economists, and investors to assess the overall health of the U.S. economy and its global economic standing.
Key Facts
- The U.S. has run a current account deficit since the 1980s.
- The deficit reached a peak of over 6% of GDP in 2005-2006.
- China is the largest holder of U.S. Treasuries, helping finance the current account deficit.
FAQs
Q: What does this economic trend measure?
A: The Current Account (Excludes Exceptional Financing), Net for the United States measures the net balance of trade in goods, services, and income between the U.S. and the rest of the world.
Q: Why is this trend relevant for users or analysts?
A: The Current Account provides insight into a country's trade competitiveness and the sustainability of its external financing, making it a key indicator of the overall health of the U.S. economy.
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 international trade, investment, and transfer flows.
Q: How is this trend used in economic policy?
A: The Current Account is closely monitored by policymakers, economists, and investors to assess the U.S. economy's global economic standing and the sustainability of its external financing.
Q: Are there update delays or limitations?
A: The Current Account data is published quarterly by the Bureau of Economic Analysis, with a typical delay of two to three months.
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Citation
U.S. Federal Reserve, Current Account (Excludes Exceptional Financing), Net for United States (CUAEEFUSQ052N), retrieved from FRED.