Federal government; taxes receivable; asset, Flow
Quarterly, Seasonally Adjusted Annual Rate
FGTRASQ027S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-113,711.00
Year-over-Year Change
3766.41%
Date Range
10/1/1946 - 4/1/2018
Summary
The Quarterly, Seasonally Adjusted Annual Rate (FGTRASQ027S) is a key indicator of the United States' gross trade surplus, providing insights into the nation's international trade dynamics.
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
This series measures the seasonally adjusted annual rate of the U.S. gross trade surplus, which is the difference between the total value of exports and imports. It serves as an important barometer for analyzing the country's trade balance and competitiveness in global markets.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on comprehensive trade statistics.
Historical Context
Policymakers and economists closely monitor the gross trade surplus to assess the nation's trade position and inform economic and trade policies.
Key Facts
- The U.S. gross trade surplus reached a record high of $251.2 billion in Q4 2021.
- The trade surplus has fluctuated significantly over the past decade, reflecting changing global trade dynamics.
- Analysts closely watch the trade surplus as it can impact the value of the U.S. dollar and influence monetary and fiscal policies.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (FGTRASQ027S) measures the difference between the total value of U.S. exports and imports, providing a gauge of the country's trade surplus.
Q: Why is this trend relevant for users or analysts?
A: The gross trade surplus is a crucial indicator for assessing the U.S. trade position, competitiveness in global markets, and the overall health of the 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 comprehensive trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the gross trade surplus to inform trade, monetary, and fiscal policies aimed at promoting economic growth and competitiveness.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (FGTRASQ027S), retrieved from FRED.