Nominal Exports of Services for Russia
Annual
NXSXDCRUA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,361,228.40
Year-over-Year Change
124.35%
Date Range
1/1/1990 - 1/1/2022
Summary
The 'Annual' trend measures the value of U.S. exports of durable consumer goods. It is an important economic indicator that reflects international trade and consumer demand.
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 'Annual' trend represents the dollar value of U.S. exports of durable consumer goods, which are products intended to last three years or more. This metric provides insight into the health of the U.S. export economy and global consumer spending patterns.
Methodology
The data is collected and reported annually by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to assess the competitiveness of U.S. exporters and the strength of international demand.
Key Facts
- U.S. exports of durable consumer goods totaled $182 billion in 2021.
- Durable consumer goods account for about 10% of total U.S. merchandise exports.
- The 'Annual' trend has increased by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Annual' trend measures the dollar value of U.S. exports of durable consumer goods, which are products intended to last three years or more.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health of the U.S. export economy and global consumer spending patterns, which is valuable information for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported annually by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the competitiveness of U.S. exporters and the strength of international demand, which can inform trade and economic policies.
Q: Are there update delays or limitations?
A: The 'Annual' trend is updated annually, with a slight delay as the Census Bureau compiles the data.
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Citation
U.S. Federal Reserve, Annual (NXSXDCRUA), retrieved from FRED.