Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Estonia
Quarterly
ESTCP110000GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.95
Year-over-Year Change
83.45%
Date Range
4/1/1998 - 10/1/2023
Summary
The Quarterly trend measures the total value of U.S. exports of goods and services on a quarterly basis. This metric is crucial for understanding the United States' participation in global trade and economic integration.
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 Quarterly trend represents the total value of exports of goods and services from the United States to other countries. Economists and policymakers use this data to analyze the strength of U.S. trade and the nation's competitiveness in global markets.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of U.S. businesses.
Historical Context
This trend is closely watched by trade negotiators, international economists, and financial analysts to assess the health of the U.S. economy.
Key Facts
- Quarterly exports reached a record high of $2.4 trillion in 2022.
- Exports account for over 12% of U.S. GDP.
- China is the largest destination for U.S. exports.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the total value of goods and services exported from the United States to other countries on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the U.S. economy's participation in global trade and competitiveness in international markets.
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 U.S. businesses.
Q: How is this trend used in economic policy?
A: Trade negotiators, international economists, and financial analysts closely monitor this trend to assess the health of the U.S. economy and the nation's position in the global marketplace.
Q: Are there update delays or limitations?
A: The Quarterly data is released by the Bureau of Economic Analysis approximately 2 months after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly (ESTCP110000GPQ), retrieved from FRED.