International Merchandise Trade Statistics: Trade Balance: Commodities for Sweden
Seasonally Adjusted
XTNTVA01SEA664S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65,809,460,000.00
Year-over-Year Change
22.93%
Date Range
1/1/1955 - 1/1/2024
Summary
The Seasonally Adjusted Trend measures the monthly change in total international transactions, adjusted to account for seasonal variations. It provides an important indicator of the overall pace of global economic 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 Seasonally Adjusted Trend is a key economic indicator that tracks the monthly fluctuations in the value of international transactions, including goods, services, and financial flows. It helps policymakers and analysts gauge the underlying strength of the global economy by removing the influence of recurring seasonal patterns.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis and adjusted using statistical models to account for seasonal variations.
Historical Context
This trend is closely monitored by central banks, international organizations, and financial markets to assess global economic conditions and inform policy decisions.
Key Facts
- The Seasonally Adjusted Trend reached a record high in 2022.
- Adjusting for seasonal variations is crucial for accurately interpreting this economic indicator.
- The data is released monthly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Trend measures the monthly change in the value of total international transactions, including goods, services, and financial flows, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a clear signal of the underlying strength of global economic activity, helping policymakers and market participants assess the overall pace of international commerce.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis and adjusted using statistical models to account for seasonal variations.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted Trend is closely monitored by central banks, international organizations, and financial markets to inform policy decisions and gauge the health of the global economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Economic Analysis, with typical update delays of 2-3 weeks.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (XTNTVA01SEA664S), retrieved from FRED.