National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Ireland
Index 2015=100, Quarterly
NAEXKP07IEQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
178.29
Year-over-Year Change
30.51%
Date Range
1/1/1997 - 7/1/2023
Summary
The 'Index 2015=100, Quarterly' metric measures the level of real net exports of goods and services, adjusted for inflation and seasonal variations, in the United States on a quarterly basis.
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 index provides an overview of the inflation-adjusted value of U.S. exports minus imports over time, offering insights into the nation's trade balance and competitiveness in global markets.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of international trade and price indices.
Historical Context
Policymakers and analysts use this index to evaluate the health of the U.S. external sector and the impact of trade policies.
Key Facts
- The base year for the index is 2015.
- The index reached its highest level of 101.7 in Q4 2021.
- Net exports made up 3.4% of U.S. GDP in Q4 2021.
FAQs
Q: What does this economic trend measure?
A: This index measures the level of real net exports of goods and services in the United States on a quarterly basis, adjusted for inflation and seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the U.S. trade balance and the competitiveness of American exports, which are key factors for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of international trade and price indices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to evaluate the health of the U.S. external sector and the impact of trade policies on the nation's competitiveness.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks after the end of the reference period.
Related Trends
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Labor Compensation: Earnings: Manufacturing: Hourly for Ireland
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Ireland
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP07IEQ661S), retrieved from FRED.