Individual Income Tax Filing: Statutory Adjustments: Keogh and Self-Employed Retirement Plans
Thousands of U.S. Dollars
KSERPA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,682,853.00
Year-over-Year Change
27.92%
Date Range
1/1/1999 - 1/1/2016
Summary
The 'Thousands of U.S. Dollars' trend measures the total value of U.S. exports in thousands of dollars, providing insight into the nation's international trade activity.
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 tracks the monetary value of physical goods and services shipped from the United States to international destinations. It is a key metric used by economists and policymakers to assess the strength of U.S. exports and the country's competitive position in global markets.
Methodology
The data is compiled by the U.S. Census Bureau through surveys of businesses engaged in exporting activities.
Historical Context
This trend is closely monitored by the Federal Reserve and other government agencies to inform trade, monetary, and economic policies.
Key Facts
- The U.S. exported over $2.5 trillion in goods and services in 2022.
- Exports account for approximately 12% of the U.S. gross domestic product.
- China is the largest destination for U.S. exports, receiving nearly 18% of total shipments.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total monetary value of physical goods and services exported from the United States to international destinations.
Q: Why is this trend relevant for users or analysts?
A: Exports are a critical component of the U.S. economy, and this metric provides insight into the nation's international trade performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau through surveys of businesses engaged in exporting activities.
Q: How is this trend used in economic policy?
A: The 'Thousands of U.S. Dollars' trend is closely monitored by the Federal Reserve and other government agencies to inform trade, monetary, and economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Thousands of U.S. Dollars (KSERPA), retrieved from FRED.