Nominal Exports of Goods and Services for Estonia
Annual, Not Seasonally Adjusted
NXXDCESA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
593,562.00
Year-over-Year Change
83.05%
Date Range
1/1/1995 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted series measures changes in the total value of domestic consumption expenditures over a year. It provides insight into broader consumer spending trends in the U.S. economy.
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 annual economic indicator tracks inflation-adjusted personal consumption expenditures, which account for a large portion of U.S. GDP. It is widely used by economists and policymakers to analyze consumer demand and household finances.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of consumer spending.
Historical Context
This metric informs economic policy decisions and helps financial markets assess the health of consumer-driven sectors.
Key Facts
- Consumption expenditures account for over two-thirds of U.S. GDP.
- The annual growth rate averaged 2.9% from 2010-2019.
- Consumer spending rebounded strongly after the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted series tracks changes in total personal consumption expenditures in the U.S. over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: Consumer spending is a critical driver of economic growth, so this metric provides important insights into the health of the broader economy.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Bureau of Economic Analysis based on surveys of household consumption.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess consumer demand and make decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a lag of several weeks, so it may not reflect the most up-to-date economic conditions.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Estonia
ESTCP060000CTGYM
People 15 Years and Over Saving at a Financial Institution in the Past Year for Estonia
DDAI06EEA156NWDB
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Estonia
ESTFCLODCXDC
Balance of Payments: Services: Expenditure for Estonia
ESTB6DBSE01NCCUSAQ
Unemployment to Population Rate: All Ages: Females for Estonia
LRUPTTFEEEQ156S
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Estonia
LREM74TTEEQ156S
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NXXDCESA), retrieved from FRED.