Balance of payments BPM6: Current account Debits: Services: Total Debits for the European Union
US Dollars, sum over component sub-periods, Seasonally Adjusted
EU28B6DBSE01CXCUSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
254,107,946,612.48
Year-over-Year Change
27.20%
Date Range
1/1/1999 - 10/1/2019
Summary
This economic series measures the total U.S. dollar value of deposits held by the European Union over consecutive periods, adjusted for seasonal factors.
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, Seasonally Adjusted' metric tracks the aggregate dollar balances of European Union deposits. This provides insight into the flow of capital and investment between the EU and the United States.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
This trend is closely monitored by economists, policymakers, and investors for indications of global economic conditions and trade dynamics.
Key Facts
- The data is reported in millions of U.S. dollars.
- It covers the total deposits held by the European Union in the United States.
- Seasonal adjustments account for recurring economic patterns.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total U.S. dollar value of deposits held by the European Union, with seasonal factors accounted for.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into capital flows and investment dynamics between the EU and the United States, which is valuable for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers and analysts to gauge global economic conditions and trade relationships.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the Federal Reserve, but may be subject to revisions or delays in reporting.
Related Trends
Harmonized Index of Consumer Prices: Restaurants and Hotels for European Union
CP1100EUCCM086NEST
Consumer Price Index: Harmonised prices: Transport (COICOP 07): Total for the European Union
EU28CPHP0700GPM
Inactive Population: Aged 15-64: Females for the European Union
LFIN64FEEUQ647N
Harmonized Index of Consumer Prices: Other Services in Respect of Personal Transport Equipment for European Union (27 Countries from 2020)
CP0724EU272020M086NEST
Harmonized Index of Consumer Prices: Cleaning, Repair and Hire of Clothing for Euro Area (19 Countries)
CP0314EZ19M086NEST
Harmonized Index of Consumer Prices: Other Articles of Clothing and Clothing Accessories for European Union
CP0313EUCCM086NEST
Citation
U.S. Federal Reserve, 'US Dollars, sum over component sub-periods, Seasonally Adjusted' (EU28B6DBSE01CXCUSAQ), retrieved from FRED.