Real Exports of Goods and Services for Australia
Annual, Not Seasonally Adjusted
NXRXDCAUA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
715,001.00
Year-over-Year Change
40.87%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series tracks the U.S. real net exports, a key indicator of the nation's international trade performance and overall economic health.
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 data series represents the real, inflation-adjusted value of net exports (exports minus imports) for the United States. It provides insight into the country's trade balance and competitiveness in global markets.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on international trade statistics.
Historical Context
Economists and policymakers closely monitor real net exports to assess the strength of the U.S. economy and guide trade and economic policies.
Key Facts
- Real net exports were $-1.32 trillion in 2022.
- The U.S. has run a trade deficit since the 1970s.
- Trade imbalances can impact employment, inflation, and the value of the dollar.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series tracks the real, inflation-adjusted value of net exports (exports minus imports) for the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides crucial insights into the U.S. trade balance and the nation's competitiveness in global markets, which are key factors in assessing the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on international trade statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor real net exports to guide trade and economic policies aimed at improving the U.S. trade balance and supporting overall economic growth.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NXRXDCAUA), retrieved from FRED.