Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted
XTEXVA01O1Q659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.52
Year-over-Year Change
337.87%
Date Range
1/1/2000 - 7/1/2017
Summary
This quarterly, seasonally adjusted economic indicator measures the year-over-year growth rate of exports. It provides insights into the pace of change in U.S. export activity, a key component of international trade and economic performance.
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 percent change in the value of U.S. exports compared to the same quarter in the prior year. This metric helps analysts and policymakers understand the dynamics of the U.S. export sector and its contribution to overall economic growth.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on surveys of international trade activity.
Historical Context
This export growth rate is closely monitored by the Federal Reserve and other economic institutions to assess the strength of the U.S. external sector.
Key Facts
- The U.S. export sector accounts for over 12% of GDP.
- Export growth rebounded sharply in 2021 after pandemic-related declines.
- China is the largest destination for U.S. exports, receiving over 17% of total.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the year-over-year percent change in the value of U.S. exports on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The export growth rate provides insights into the strength and direction of the U.S. external sector, which is a critical component of overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on surveys of international trade activity.
Q: How is this trend used in economic policy?
A: The export growth rate is closely monitored by the Federal Reserve and other institutions to assess the health of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a short lag. There are no known significant limitations to the methodology or data coverage.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted (XTEXVA01O1Q659S), retrieved from FRED.