International Merchandise Trade Statistics: Trade Balance: Commodities for Canada
Quarterly, Seasonally Adjusted
XTNTVA01CAQ664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-11,673,100,000.00
Year-over-Year Change
-171.40%
Date Range
1/1/1955 - 4/1/2025
Summary
This economic trend measures the value-added by the non-tradable service sector in Canada on a quarterly, seasonally adjusted basis. It provides important insights into the composition and dynamics of the Canadian economy.
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 Quarterly, Seasonally Adjusted Non-Tradable Value Added series tracks the economic output of the non-tradable services sector in Canada. This sector includes industries like healthcare, education, and public administration that produce goods and services primarily for domestic consumption.
Methodology
The data is collected and calculated by Statistics Canada based on the Canadian System of National Accounts.
Historical Context
This metric is closely monitored by policymakers and analysts to assess the overall health and structure of the Canadian economy.
Key Facts
- Measures the output of non-tradable service industries.
- Provides insights into the domestic economic landscape.
- Tracked closely by Canadian policymakers and analysts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value-added by the non-tradable service sector in Canada on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the composition and dynamics of the Canadian economy, which is closely monitored by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Canada based on the Canadian System of National Accounts.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and analysts to assess the overall health and structure of the Canadian economy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis and may be subject to revisions by the statistical agency.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Non-Tradable Value Added (XTNTVA01CAQ664S), retrieved from FRED.