Real Exports of Goods for Australia
Quarterly, Seasonally Adjusted
NXGRSAXDCAUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147,626.00
Year-over-Year Change
3.26%
Date Range
7/1/1971 - 1/1/2025
Summary
This trend measures the U.S. balance of goods and services trade on a quarterly, seasonally adjusted basis. It is a key economic indicator used by policymakers and analysts to assess the nation's external trade position.
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, Seasonally Adjusted series tracks the difference between the value of U.S. exports and imports of goods and services. It is an important metric for evaluating the overall health of the U.S. economy and its trade relationships with other countries.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers use this trend to guide trade and economic policies, while market analysts monitor it to assess economic performance and outlook.
Key Facts
- The U.S. trade deficit was $-262.8 billion in Q4 2022.
- Exports of goods and services increased 2.0% in Q4 2022.
- Imports of goods and services increased 0.4% in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the difference between the value of U.S. exports and imports of goods and services on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a key indicator of a country's economic health and competitiveness. It is closely watched by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to inform trade, economic, and monetary policies, while analysts use it to assess the overall performance and outlook of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately 2-3 months, which may limit its use for real-time analysis.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (NXGRSAXDCAUQ), retrieved from FRED.