International Merchandise Trade Statistics: Exports: Commodities for Ireland
Growth rate same period previous year, Monthly, Seasonally Adjusted
XTEXVA01IEM659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.25
Year-over-Year Change
324.50%
Date Range
1/1/1958 - 5/1/2025
Summary
This economic trend measures the year-over-year growth rate in total exports of goods and services, adjusted for seasonal variations. It provides insight into the momentum and trajectory of U.S. international 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 is a key indicator of the performance and direction of U.S. exports. Economists and policymakers analyze this metric to assess the health of the country's external sector and competitiveness in global markets.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on surveys of international trade flows.
Historical Context
This trend is widely used to inform trade policy decisions and evaluate the impact of economic conditions on the export environment.
Key Facts
- U.S. exports grew 10.2% year-over-year in April 2023.
- Export growth has slowed from a peak of 23.4% in June 2022.
- The trend helps assess the impact of factors like exchange rates and global demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in 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 is a key indicator of the health and competitiveness of the U.S. external sector, providing insights into trade dynamics that are important for economic policy and business decision-making.
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 and economists use this trend to assess the impact of factors like exchange rates, global demand, and trade policies on the performance of U.S. exports, which informs trade and economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month, and may be subject to revisions as more complete information becomes available.
Related Trends
Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 74 Years for Ireland
LRAC74MAIEQ156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Ireland
IRLCP050000GYM
Consumer Price Index: Harmonized Prices: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Ireland
IRLCPHP0400IXEBM
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 74 Years for Ireland
LRAC74FEIEQ156S
Leading Indicators OECD: Component series: Exports of goods: Original series for Ireland
IRLLOCOXGORSTSAM
Bank's Return on Assets for Ireland
DDEI05IEA156NWDB
Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (XTEXVA01IEM659S), retrieved from FRED.