Annual, Not Seasonally Adjusted
BPDBIN01RUA637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102,583,000,000.00
Year-over-Year Change
784.56%
Date Range
1/1/1994 - 1/1/2011
Summary
This trend measures the total value of imports of goods and services into the United States on an annual, not seasonally adjusted basis. It is a key indicator of the U.S. trade balance and economic activity.
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 annual, not seasonally adjusted import value tracks the total dollar amount of physical goods and services brought into the United States from other countries over a 12-month period. This data is used by economists and policymakers to analyze trade flows, domestic demand, and the overall health of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on customs records and surveys of U.S. businesses.
Historical Context
Policymakers use this trend to inform trade, fiscal, and monetary policies aimed at managing the U.S. trade balance and supporting economic growth.
Key Facts
- The U.S. imported over $3 trillion in goods and services in 2021.
- Imports have grown by over 50% in the past decade.
- China is the largest source of U.S. imports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all goods and services imported into the United States on an annual, unadjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This import data is a key indicator of trade flows, domestic demand, and the overall health of the U.S. economy, making it important for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis collects this data based on customs records and surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: Policymakers use this import data to inform trade, fiscal, and monetary policies aimed at managing the U.S. trade balance and supporting economic growth.
Q: Are there update delays or limitations?
A: This annual, not seasonally adjusted data has a lag of several months before being published by the government.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (BPDBIN01RUA637N), retrieved from FRED.