International Merchandise Trade Statistics: Exports: Commodities for Austria
Growth rate same period previous year, Quarterly, Seasonally Adjusted
XTEXVA01ATQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.99
Year-over-Year Change
-128.41%
Date Range
1/1/1958 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of real exports of goods and services, adjusted for seasonal variations. It provides insight into the strength and direction of U.S. trade 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
The growth rate same period previous year, Quarterly, Seasonally Adjusted series tracks the annualized percent change in real exports compared to the same quarter in the prior year. This metric is used by economists and policymakers to analyze the health of the U.S. trade sector and the broader economy.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of international trade flows.
Historical Context
Policymakers monitor this trend to gauge the impact of economic policies, trade agreements, and global market conditions on U.S. export performance.
Key Facts
- U.S. exports grew 10.2% year-over-year in Q4 2022.
- Exports account for approximately 12% of U.S. GDP.
- The trade deficit reached a record high of $948 billion in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in real exports of goods and services from the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of U.S. exports is a key indicator of the strength and direction of the country's trade activity, which has important implications for the broader economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of international trade flows.
Q: How is this trend used in economic policy?
A: Policymakers monitor this trend to assess the impact of trade policies, global market conditions, and other factors on the performance of the U.S. export sector.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately 2-3 months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (XTEXVA01ATQ659S), retrieved from FRED.