US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted
BPCRTD01CZQ637S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,614,210,000.00
Year-over-Year Change
9.05%
Date Range
1/1/1993 - 4/1/2014
Summary
This economic trend measures the total US dollar value of current account transactions in the US economy on a quarterly basis, adjusted for seasonal variations.
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 US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted metric tracks the overall dollar value of international economic transactions, including trade, investment, and monetary flows. It is a key indicator of the US's external balance and global economic integration.
Methodology
The data is collected and calculated by the US Bureau of Economic Analysis using a range of surveys and administrative sources.
Historical Context
This metric is closely watched by policymakers, analysts, and investors to assess the US's trade position and capital flows.
Key Facts
- The US current account deficit was $251 billion in Q4 2022.
- The US has run a current account deficit since the 1970s.
- The current account measures a country's net trade in goods and services, as well as net income and transfer payments.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total US dollar value of current account transactions, including trade in goods and services, investment income, and unilateral transfers, on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The current account balance is a key indicator of a country's external economic position and global competitiveness. It is closely watched by policymakers, investors, and economists to assess the US's trade position and capital flows.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the US Bureau of Economic Analysis using a range of surveys and administrative sources.
Q: How is this trend used in economic policy?
A: The current account balance is an important consideration for monetary and fiscal policy, as well as trade negotiations. Policymakers monitor this metric to assess the sustainability of the US's external position and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately 3 months. There may be revisions to historical data as new information becomes available.
Related Trends
Balance of Payments: Services: Revenue for Czechia
CZEB6CRSE02STSAQ
Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Czech Republic
MANMM101CZA189S
Consumer Price Index: Transport (COICOP 07): Total for Czech Republic
CZECP070000IXNBM
Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 64 Years for Czechia
LFWA64MACZQ647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Goods for Czechia
CZECPGRGO01GYM
Population ages 65 and above for the Czech Republic
SPPOP65UPTOZSCZE
Citation
U.S. Federal Reserve, US Dollars, Sum Over Component Sub-periods, Quarterly, Seasonally Adjusted (BPCRTD01CZQ637S), retrieved from FRED.