Annual, Not Seasonally Adjusted
BOPOGLDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1960 - 1/1/2013
Summary
The Annual, Not Seasonally Adjusted series measures the U.S. balance of payments, which tracks the flow of goods, services, and capital between the U.S. and other countries. This is a key economic indicator for understanding the nation's international trade 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 Balance of Payments Goods and Services, Net series represents the difference between the value of U.S. exports and imports of goods and services. It is an important indicator of a country's international economic activity and competitiveness.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of international trade.
Historical Context
Policymakers and analysts use this metric to assess the U.S. trade position and its implications for the broader economy.
Key Facts
- The U.S. has run a trade deficit since the 1970s.
- China is the largest trading partner with the highest trade surplus.
- The deficit reached a record high of $948 billion in 2006.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments Goods and Services, Net series measures the difference between the value of U.S. exports and imports of goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of a country's international economic activity and competitiveness, with implications for trade policy, exchange rates, and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of international trade.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the U.S. trade position and its implications for the broader economy, informing decisions on trade policy, exchange rates, and other economic measures.
Q: Are there update delays or limitations?
A: The data is reported monthly with a lag of several weeks, and may be subject to periodic revisions as more complete information becomes available.
Related Trends
US Incurrence of Direct Investment Liabilities
IEAIDI
US Incurrence of Other Investment Liabilities: Currency and deposits
IEAIOICDA
Net U.S. acquisition of financial assets excluding financial derivatives (net increase in assets / financial outflow (+))
IEAA
Direct Investment Liabilities: Debt instruments
IEAIDIDI
US Acquisition of Other Reserve Assets: Securities
IEAAS
US Acquisition of Other Investment Assets: Currency and deposits
IEAAOICDN
Citation
U.S. Federal Reserve, Balance of Payments Goods and Services, Net (BOPOGLDA), retrieved from FRED.