Balance of payments BPM6: Current account Debits: Goods: Total Debits for the European Union
US Dollars, sum over component sub-periods, Not Seasonally Adjusted
EU28B6DBTD01CXCUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
542,583,034,615.58
Year-over-Year Change
18.45%
Date Range
1/1/1999 - 10/1/2019
Summary
This trend measures the total US dollar value of transactions in a given period, providing insights into economic activity and exchange rate dynamics.
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, Not Seasonally Adjusted' series represents the total US dollar value of transactions during a specified period. This high-level metric is used by economists and policymakers to analyze trends in economic activity, trade flows, and currency movements.
Methodology
The data is collected and aggregated by the US Federal Reserve from various sources.
Historical Context
This trend is widely referenced by market analysts, investors, and government agencies to assess the health of the US economy and guide policy decisions.
Key Facts
- The series tracks the total US dollar value of transactions.
- It provides insights into the overall level of economic activity.
- The data is not seasonally adjusted, reflecting raw transaction volumes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total US dollar value of transactions in a given period, providing insights into economic activity and exchange rate dynamics.
Q: Why is this trend relevant for users or analysts?
A: This high-level metric is used by economists and policymakers to analyze trends in economic activity, trade flows, and currency movements.
Q: How is this data collected or calculated?
A: The data is collected and aggregated by the US Federal Reserve from various sources.
Q: How is this trend used in economic policy?
A: This trend is widely referenced by market analysts, investors, and government agencies to assess the health of the US economy and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is provided in a timely manner, with minimal update delays, and represents the raw transaction volumes without seasonal adjustments.
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Citation
U.S. Federal Reserve, 'US Dollars, sum over component sub-periods, Not Seasonally Adjusted' (EU28B6DBTD01CXCUQ), retrieved from FRED.