Advance U.S. International Trade in Goods: Balance
AITGCBS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-85,987.52
Year-over-Year Change
0.00%
Date Range
6/1/2025 - 6/1/2025
Summary
The Advance U.S. International Trade in Goods: Balance measures the difference between the total value of U.S. exports and imports of goods. It is a key economic indicator that provides insights into the country's trade position and international competitiveness.
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 Advance U.S. International Trade in Goods: Balance tracks the monthly net trade position in merchandise trade, providing a timely snapshot of the U.S. trade balance. This metric is closely watched by economists, policymakers, and market analysts as it reflects the strength of domestic and foreign demand for U.S. goods.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on reports from U.S. customs declarations.
Historical Context
The trade balance is a vital input for assessing the overall health of the U.S. economy and can inform economic and trade policy decisions.
Key Facts
- The U.S. has run a trade deficit in goods since the 1970s.
- China is the largest source of the U.S. trade deficit in goods.
- Trade balances can impact exchange rates and capital flows.
FAQs
Q: What does this economic trend measure?
A: The Advance U.S. International Trade in Goods: Balance metric measures the difference between the total value of U.S. exports and imports of physical goods, providing a snapshot of the nation's trade position.
Q: Why is this trend relevant for users or analysts?
A: The trade balance is a key economic indicator that reflects the strength of domestic and foreign demand, the competitiveness of U.S. exporters, and the health of the overall economy. It is closely watched by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on reports from customs declarations for U.S. imports and exports of goods.
Q: How is this trend used in economic policy?
A: The trade balance is a vital input for assessing the overall health of the U.S. economy and can inform economic and trade policy decisions, such as negotiations, tariffs, and foreign exchange interventions.
Q: Are there update delays or limitations?
A: The Advance U.S. International Trade in Goods: Balance data is released monthly, providing a timely snapshot, but may be subject to revisions as more complete information becomes available.
Related Trends
Citation
U.S. Federal Reserve, Advance U.S. International Trade in Goods: Balance (AITGCBS), retrieved from FRED.