Total Credit to Non-Financial Sector, Adjusted for Breaks, for Israel
Billions of US Dollars
QILCAMUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
993.71
Year-over-Year Change
2.60%
Date Range
10/1/1999 - 10/1/2024
Summary
The 'Billions of US Dollars' trend measures the total value of imported goods and services into the United States. It is a key indicator of international trade and economic activity.
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 economic series tracks the total nominal value of all merchandise and services imported into the United States, reported in billions of US dollars. It is a widely followed metric for assessing the health of the US trade balance and the nation's participation in global commerce.
Methodology
The data is collected and calculated by the US Bureau of Economic Analysis based on surveys of importing businesses and government trade records.
Historical Context
Economists and policymakers use this import value trend to monitor trade flows, current account balances, and the overall openness of the US economy.
Key Facts
- US imports totaled over $3.2 trillion in 2021.
- Imported goods account for over 15% of US GDP.
- China is the largest source of US imports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total nominal value of all merchandise and services imported into the United States, reported in billions of US dollars.
Q: Why is this trend relevant for users or analysts?
A: This import value trend is a widely followed metric for assessing the health of the US trade balance and the nation's participation in global commerce.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Bureau of Economic Analysis based on surveys of importing businesses and government trade records.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this import value trend to monitor trade flows, current account balances, and the overall openness of the US economy.
Q: Are there update delays or limitations?
A: The import value data is typically published with a 2-3 month delay by the US government.
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Citation
U.S. Federal Reserve, Billions of US Dollars (QILCAMUSDA), retrieved from FRED.