Not Seasonally Adjusted
BOPOGCRN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.58
Year-over-Year Change
-4.43%
Date Range
1/1/1960 - 1/1/2014
Summary
The 'Not Seasonally Adjusted' economic indicator measures the current account balance, which reflects a country's net trade in goods and services, net earnings, and net transfer payments to and from the rest of the world. This is a key metric for assessing a nation's international economic position.
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 current account balance is a comprehensive measure of a country's transactions with the rest of the world. It includes the trade balance, income receipts and payments, and current transfers. Analyzing trends in the current account is important for evaluating a nation's external competitiveness and ability to finance its international obligations.
Methodology
The U.S. Bureau of Economic Analysis (BEA) compiles the current account data from various government and private data sources.
Historical Context
Policymakers and analysts monitor the current account balance to gauge a country's economic health and external sustainability.
Key Facts
- The U.S. current account deficit was $251.1 billion in 2022.
- The current account reflects a country's net lending or borrowing position vis-à-vis the rest of the world.
- Persistent current account deficits can signal risks to a nation's economic stability and exchange rate.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' indicator measures the current account balance, which is a comprehensive account of a country's transactions with the rest of the world, including trade, income, and transfer payments.
Q: Why is this trend relevant for users or analysts?
A: Analyzing trends in the current account balance is important for evaluating a nation's external competitiveness, ability to finance its international obligations, and overall economic health.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis (BEA) compiles the current account data from various government and private data sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the current account balance to gauge a country's economic health and external sustainability, which can inform decisions on trade, exchange rate, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The current account data is released quarterly by the BEA, with some lag from the end of the reporting period.
Related Trends
US Acquisition of Portfolio Investment Assets: Debt securities
IEAAPID
US Acquisition of Reserve Assets: Monetary gold
IEAARM
US Incurrence of Other Investment Liabilities: Special drawing rights allocations
IEAIOISD
Statistical discrepancy
IEASD
US Incurrence of Portfolio Investment Liabilities: Equity and investment fund shares
IEAIPIE
US acquisition of direct investment assets
IEAADI
Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BOPOGCRN), retrieved from FRED.