Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Norway
Quarterly, Not Seasonally Adjusted
LFEAAGTTNOQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75,900.00
Year-over-Year Change
26.71%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the level of advanced technology goods trade with non-OPEC countries on a quarterly, not seasonally adjusted basis. It provides insights into the balance of advanced technology goods trade for the U.S. economy.
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 Quarterly, Not Seasonally Adjusted advanced technology goods trade data tracks the import and export levels of high-technology products between the U.S. and its trade partners excluding OPEC nations. This metric is used by economists and policymakers to assess the competitiveness of the U.S. advanced technology sector.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on international trade statistics.
Historical Context
This economic trend is relevant for understanding the dynamics of the U.S. advanced technology trade balance and informing trade and economic policies.
Key Facts
- The U.S. had a $61.5 billion advanced technology trade deficit in 2022 Q2.
- China is the largest trading partner for U.S. advanced technology goods.
- High-tech exports account for about 30% of total U.S. merchandise exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the level of advanced technology goods trade between the U.S. and its non-OPEC trade partners on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the competitiveness of the U.S. advanced technology sector and informs trade and economic policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on international trade statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the balance of advanced technology goods trade and inform trade and economic policies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, and it does not include seasonal adjustments.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEAAGTTNOQ647N), retrieved from FRED.