Quarterly, Not Seasonally Adjusted
MABMM201NOQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,881,043,000,000.00
Year-over-Year Change
16.84%
Date Range
1/1/1960 - 10/1/2013
Summary
This series measures the quarterly total value of imports of goods and services into the United States on a not seasonally adjusted basis. It is a key economic indicator used by policymakers and analysts to assess the trade balance and overall economic 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
The Quarterly Imports of Goods and Services, Not Seasonally Adjusted trend represents the total value of all physical goods and intangible services imported into the U.S. economy during a given quarter. This metric is widely followed as it provides insight into the nation's trade position and can signal underlying economic conditions.
Methodology
The data is compiled by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Historical Context
This series is closely monitored by the Federal Reserve and other economic policymakers to gauge the health of the U.S. economy and international trade dynamics.
Key Facts
- Imports accounted for over 17% of U.S. GDP in 2022.
- The U.S. has run a persistent trade deficit since the 1970s.
- China is the largest source of U.S. imports, accounting for over 18% in 2022.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of all goods and services imported into the United States on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly Imports of Goods and Services trend provides important insights into the U.S. trade balance and overall economic activity, making it a closely watched indicator by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: This series is closely monitored by the Federal Reserve and other economic policymakers to assess the health of the U.S. economy and international trade dynamics.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with some lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly Imports of Goods and Services, Not Seasonally Adjusted (MABMM201NOQ189N), retrieved from FRED.