International Merchandise Trade Statistics: Exports: Commodities for Austria
Growth rate previous period, Quarterly, Seasonally Adjusted
XTEXVA01ATQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.40
Year-over-Year Change
-55.75%
Date Range
4/1/1957 - 1/1/2025
Summary
This economic trend measures the quarter-over-quarter growth rate of total exports of goods and services, seasonally adjusted. It provides insight into the momentum of the U.S. export sector, which is a key component of economic growth and trade policy.
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 growth rate previous period, quarterly, seasonally adjusted metric tracks the rate of change in total U.S. exports on a quarter-over-quarter basis. This indicator is used by economists and policymakers to analyze the health and trajectory of the country's export activity, which can inform trade negotiations, monetary policy decisions, and projections for economic growth.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on surveys of businesses and trade statistics.
Historical Context
Policymakers and analysts monitor this export growth trend to assess the competitiveness of U.S. goods and services in global markets and the potential impacts on the broader economy.
Key Facts
- The U.S. exported over $2.7 trillion in goods and services in 2022.
- Exports account for approximately 12% of U.S. GDP.
- China is the largest destination for U.S. exports, receiving over $150 billion in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of total U.S. exports of goods and services, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The export growth rate provides insights into the performance and competitiveness of the U.S. export sector, which is a key driver of economic growth and an important factor in trade policy and negotiations.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) based on surveys of businesses and trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this export growth trend to assess the health of the U.S. export sector and its potential impacts on the broader economy, which can inform trade negotiations, monetary policy decisions, and projections for economic growth.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis by the BEA, with a delay of approximately one month after the end of the reporting period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (XTEXVA01ATQ657S), retrieved from FRED.