U.S. Imports of Goods by Customs Basis from Ethiopia
Millions of Dollars, Monthly, Not Seasonally Adjusted
IMP7749 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.18
Year-over-Year Change
132.58%
Date Range
1/1/1993 - 6/1/2025
Summary
This economic trend measures the total value of merchandise imports into the United States on a monthly basis, without adjustments for seasonal variations. It provides important insights into the nation's international trade dynamics and consumer demand.
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 Millions of Dollars, Monthly, Not Seasonally Adjusted trend represents the total monetary value of all goods and services imported into the United States each month. This metric is widely used by economists and policymakers to analyze the country's trade balance, consumer spending patterns, and the impact of global economic conditions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of importers and customs declarations.
Historical Context
This trend is closely monitored by the Federal Reserve, the U.S. Department of Commerce, and financial markets to assess the health of the U.S. economy and guide policy decisions.
Key Facts
- Imports make up a significant portion of total U.S. economic activity.
- The trend exhibits seasonal fluctuations, with higher import levels typically seen during the holiday shopping season.
- Monthly import values can provide early signals of changes in consumer confidence and business investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of all merchandise imported into the United States on a monthly basis, without adjustments for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the U.S. trade balance, consumer spending patterns, and the impact of global economic conditions, making it a closely watched indicator by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of importers and customs declarations.
Q: How is this trend used in economic policy?
A: The Federal Reserve, the U.S. Department of Commerce, and financial markets closely monitor this trend to assess the health of the U.S. economy and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of several weeks from the end of the reporting period.
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Citation
U.S. Federal Reserve, Millions of Dollars, Monthly, Not Seasonally Adjusted (IMP7749), retrieved from FRED.