Rest of the World; U.S. Imports, Transactions
Annual
ROWUSIA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,083,292.00
Year-over-Year Change
47.45%
Date Range
1/1/1946 - 1/1/2024
Summary
The 'Annual' economic trend measures the gross domestic product (GDP) of the rest of the world (ROW) excluding the United States. This metric is crucial for understanding the global economic landscape and the relative growth of the US 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
The 'Annual' trend represents the annual percent change in the GDP of the rest of the world, excluding the United States. This data is widely used by economists, policymakers, and analysts to assess the performance of the global economy and its implications for the US.
Methodology
The data is collected and calculated by the US Federal Reserve using national accounts data from various sources.
Historical Context
Policymakers and investors closely monitor this trend to gauge the broader economic conditions and potential spillover effects on the US market.
Key Facts
- The 'Annual' trend represents the year-over-year change in GDP for the rest of the world.
- It excludes the United States, the world's largest economy.
- The trend is an important indicator of global economic performance.
FAQs
Q: What does this economic trend measure?
A: The 'Annual' trend measures the annual percent change in the gross domestic product (GDP) of the rest of the world, excluding the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding the global economic landscape and assessing the relative performance of the US economy compared to the rest of the world.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve using national accounts data from various sources.
Q: How is this trend used in economic policy?
A: Policymakers and investors closely monitor this trend to gauge the broader economic conditions and potential spillover effects on the US market.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be occasional delays or revisions due to the nature of national accounts data collection.
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Citation
U.S. Federal Reserve, Annual (ROWUSIA027N), retrieved from FRED.