National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Turkey
Annual
TURIMPORTADSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,392,904,037,000.00
Year-over-Year Change
2047.01%
Date Range
1/1/1998 - 1/1/2022
Summary
The Annual Import Volume Index measures the volume of imports into the United States, providing valuable insights into the nation's trade balance and economic conditions.
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 Import Volume Index tracks the yearly change in the volume of goods and services imported into the United States. This index is a key economic indicator used by policymakers and analysts to assess the country's trade performance and overall economic health.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Trends in the Import Volume Index are closely watched by the Federal Reserve and other economic institutions.
Key Facts
- The index is published on a monthly basis.
- Import volumes reflect domestic demand and the strength of the U.S. dollar.
- Changes in the index can signal shifts in the nation's trade balance.
FAQs
Q: What does this economic trend measure?
A: The Annual Import Volume Index measures the volume of goods and services imported into the United States on a yearly basis.
Q: Why is this trend relevant for users or analysts?
A: The Import Volume Index is a key indicator of the nation's trade performance and overall economic health, providing valuable insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Trends in the Import Volume Index are closely watched by the Federal Reserve and other economic institutions to assess the country's trade balance and overall economic conditions.
Q: Are there update delays or limitations?
A: The index is published on a monthly basis, with minimal delays in the data.
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Citation
U.S. Federal Reserve, Annual Import Volume Index (TURIMPORTADSMEI), retrieved from FRED.