Quarterly, Not Seasonally Adjusted
BOPBGSN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-101.18
Year-over-Year Change
-9.98%
Date Range
1/1/1960 - 1/1/2014
Summary
The Quarterly, Not Seasonally Adjusted (BOPBGSN) series measures the U.S. balance of payments, a key economic indicator that tracks international transactions.
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 balance of payments captures the value of all economic transactions between U.S. residents and the rest of the world. It is a comprehensive account of a country's economic interactions with the global economy.
Methodology
The data is collected and reported quarterly by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts use this data to assess the U.S. trade position and international competitiveness.
Key Facts
- The U.S. has run a trade deficit since the 1970s.
- The balance of payments includes goods, services, income, and unilateral transfers.
- Deficits are financed by capital inflows and borrowing from other countries.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted (BOPBGSN) series measures the overall balance of payments position of the United States, including trade in goods and services, income, and unilateral transfers.
Q: Why is this trend relevant for users or analysts?
A: The balance of payments is a key indicator of a country's international economic position and competitiveness. It helps policymakers and analysts assess the sustainability of the U.S. trade and capital accounts.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the balance of payments data to evaluate the U.S. trade position and inform decisions on trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The balance of payments data is reported quarterly with a lag of approximately 3 months.
Related Trends
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (BOPBGSN), retrieved from FRED.