Advance U.S. International Trade in Goods: Imports: Industrial Supplies
AITGIIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49,846.05
Year-over-Year Change
0.00%
Date Range
6/1/2025 - 6/1/2025
Summary
The Advance U.S. International Trade in Goods: Imports: Industrial Supplies series measures the dollar value of imports of industrial supplies and materials into the United States. This trend is a key indicator of the strength of manufacturing and industrial activity in the U.S. 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
This series tracks the monthly value of imports of raw materials, semifinished goods, and supplies used for further production or processing by U.S. manufacturers and businesses. It provides insight into the health of domestic industrial and manufacturing sectors.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on documentation filed by U.S. importers.
Historical Context
The industrial supplies import trend is closely watched by economists, policymakers, and market analysts as a barometer of overall economic conditions and trade dynamics.
Key Facts
- Imports of industrial supplies account for over 25% of total U.S. goods imports.
- Trends in industrial supplies imports often foreshadow changes in domestic manufacturing.
- The series has been published monthly by the U.S. Census Bureau since 1992.
FAQs
Q: What does this economic trend measure?
A: The Advance U.S. International Trade in Goods: Imports: Industrial Supplies series measures the monthly dollar value of imports of raw materials, semifinished goods, and supplies used for further production or processing by U.S. manufacturers and businesses.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health of the U.S. industrial and manufacturing sectors, as well as overall economic and trade conditions. It is closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on documentation filed by U.S. importers.
Q: How is this trend used in economic policy?
A: The industrial supplies import trend is used by economists and policymakers to assess the strength of domestic manufacturing, industrial activity, and trade dynamics, which informs economic and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short lag, but may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Advance U.S. International Trade in Goods: Imports: Industrial Supplies (AITGIIN), retrieved from FRED.