International Merchandise Trade Statistics: Exports: Commodities for G7
Growth rate previous period, Seasonally Adjusted
G7XTEXVA01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.19
Year-over-Year Change
278.59%
Date Range
2/1/1970 - 4/1/2025
Summary
The 'Growth rate previous period, Seasonally Adjusted' measures the rate of change in the volume of trade in goods and services between the current and previous periods, adjusted for seasonal variations.
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 economic indicator provides insights into the dynamics of international trade and economic growth. It is a key metric used by policymakers, economists, and analysts to assess the performance and trajectory of a country's external sector.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using information from various government agencies and international organizations.
Historical Context
Trends in the growth rate of trade in goods and services are closely monitored for their implications on economic policy, trade balances, and global competitiveness.
Key Facts
- The growth rate is calculated as the percent change from the previous period.
- Seasonal adjustments help account for regular, predictable variations in trade patterns.
- The indicator is an important gauge of a country's external sector performance.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the rate of change in the volume of trade in goods and services between the current and previous periods, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Trends in the growth rate of trade in goods and services are closely monitored for their implications on economic policy, trade balances, and global competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using information from various government agencies and international organizations.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and analysts use this indicator to assess the performance and trajectory of a country's external sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: There may be some delays in data updates, and the indicator may not capture all aspects of trade dynamics, but it remains a valuable tool for economic analysis.
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Citation
U.S. Federal Reserve, Growth rate previous period, Seasonally Adjusted (G7XTEXVA01GPSAM), retrieved from FRED.