Total Credit to General Government, Adjusted for Breaks, for Portugal
Billions of US Dollars
QPTGAMUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
279.86
Year-over-Year Change
-15.94%
Date Range
1/1/1995 - 10/1/2024
Summary
The 'Billions of US Dollars' trend measures the total dollar value of U.S. goods and services exports. It is a key indicator of U.S. international trade and economic competitiveness.
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 series represents the total dollar value of goods and services exported from the United States. It is a crucial metric for analyzing the U.S. trade balance, international competitiveness, and the strength of the domestic economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using surveys and administrative records.
Historical Context
Policymakers and economists monitor this trend to assess the health of U.S. exports and the overall trade position.
Key Facts
- U.S. exports totaled over $2.5 trillion in 2021.
- Goods exports account for over 75% of total U.S. exports.
- China is the largest destination for U.S. exports.
FAQs
Q: What does this economic trend measure?
A: The 'Billions of US Dollars' series measures the total monetary value of goods and services exported from the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of U.S. international trade and economic competitiveness, providing insight into the strength of U.S. exports.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the health of U.S. exports and the overall trade position, which informs trade and economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Economic Analysis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Billions of US Dollars (QPTGAMUSDA), retrieved from FRED.