Annual, Not Seasonally Adjusted

BPBLTD01O1A637S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-635,833,430,000.00

Year-over-Year Change

127.62%

Date Range

1/1/2003 - 1/1/2013

Summary

The 'Annual, Not Seasonally Adjusted' data series measures the value of imports and exports of goods between the United States and the rest of the world. This metric is crucial for understanding the health of the U.S. trade balance and overall economic performance.

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 represents the total annual value of imports and exports of goods, without adjustments for seasonal variations. It provides a high-level view of the U.S. trade position and can inform economic policymaking and market analysis.

Methodology

The data is collected by the U.S. Census Bureau through surveys of international trade transactions.

Historical Context

This series is closely watched by economists, policymakers, and market participants to gauge the strength of the U.S. economy and trade dynamics.

Key Facts

  • The U.S. trade deficit was $1.02 trillion in 2022.
  • Exports accounted for 12% of U.S. GDP in 2021.
  • China is the largest source of U.S. imports.

FAQs

Q: What does this economic trend measure?

A: This series measures the total annual value of imports and exports of goods between the United States and the rest of the world, without adjustments for seasonal variations.

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for understanding the health of the U.S. trade balance and overall economic performance, which informs economic policymaking and market analysis.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of international trade transactions.

Q: How is this trend used in economic policy?

A: This series is closely watched by economists, policymakers, and market participants to gauge the strength of the U.S. economy and trade dynamics, which can inform economic policies and decisions.

Q: Are there update delays or limitations?

A: The data is published annually, with a delay of several months, and may not capture all trade activity due to reporting requirements.

Related Trends

Citation

U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPBLTD01O1A637S), retrieved from FRED.