International Merchandise Trade Statistics: Trade Balance: Commodities for United States
US Dollar, Annual, Not Seasonally Adjusted
XTNTVA01USA664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1,204,720,000,000.00
Year-over-Year Change
64.89%
Date Range
1/1/1955 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted value of the US dollar. It is a key indicator of the dollar's exchange rate and global purchasing power.
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 US Dollar, Annual, Not Seasonally Adjusted trend represents the yearly average exchange rate of the US dollar against a broad basket of global currencies. It is used by economists and policymakers to analyze the dollar's international value and competitiveness.
Methodology
The data is collected and calculated by the US Federal Reserve based on foreign exchange market transactions.
Historical Context
Trends in the US dollar's value have significant implications for trade, investments, and economic policy.
Key Facts
- The US dollar is the world's primary reserve currency.
- A stronger dollar makes US exports less competitive globally.
- Fluctuations in the dollar impact inflation, interest rates, and asset prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted value of the US dollar against a broad basket of global currencies.
Q: Why is this trend relevant for users or analysts?
A: Trends in the US dollar's value have significant implications for trade, investments, and economic policy, making this a crucial indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Federal Reserve based on foreign exchange market transactions.
Q: How is this trend used in economic policy?
A: Policymakers monitor the dollar's exchange rate to assess the competitiveness of US exports and the impact on inflation, interest rates, and asset prices.
Q: Are there update delays or limitations?
A: The US Federal Reserve publishes this data annually with minimal delays, providing a timely assessment of the dollar's global value.
Related Trends
Volatility of Stock Price Index for United States
DDSM01USA066NWDB
Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for United States
USACP050000IXNBM
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for United States
LFWA24TTUSA647N
Bank Z-Score for United States
DDSI01USA645NWDB
Production: Industry: Total Industry Excluding Construction for United States
PRINTO01USQ657S
Sales: Retail Trade: Car Registration: Passenger Cars for United States
USASLRTCR03MLSAM
Citation
U.S. Federal Reserve, US Dollar, Annual, Not Seasonally Adjusted (XTNTVA01USA664N), retrieved from FRED.