Balance on capital account
Annual, Not Seasonally Adjusted
IEABCPA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,533.00
Year-over-Year Change
279.48%
Date Range
1/1/1999 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures the value of imports and exports of goods and services in the United States. This data is crucial for understanding the nation's trade balance and economic integration with global markets.
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
This series tracks the total value of U.S. imports and exports on an annual basis, without adjustments for seasonal variations. It provides a comprehensive view of the country's trading activity and can be used to analyze long-term trends in the trade deficit or surplus.
Methodology
The data is collected and reported by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is closely monitored by policymakers, economists, and market analysts to gauge the health of the U.S. economy and its position in the global trade landscape.
Key Facts
- The U.S. trade deficit reached a record high of $859 billion in 2022.
- Exports accounted for 12.4% of U.S. GDP in 2021.
- China is the largest source of U.S. imports, making up over 18% of the total in 2022.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total value of imports and exports of goods and services in the United States on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the U.S. trade balance and the country's economic integration with global markets. It is closely monitored by policymakers, economists, and market analysts to gauge the health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The Annual, Not Seasonally Adjusted trend is used by policymakers, economists, and market analysts to assess the U.S. trade position and inform decisions related to economic policies, trade agreements, and international competitiveness.
Q: Are there update delays or limitations?
A: The data is released annually by the U.S. Bureau of Economic Analysis, with a typical delay of several months. There may be revisions to previous years' data as more information becomes available.
Related Trends
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (IEABCPA), retrieved from FRED.