Imports of Goods: General Merchandise: Consumer goods except food and automotive
IEAMGCG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
262,223.00
Year-over-Year Change
18.09%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Imports of Goods: General Merchandise: Consumer goods except food and automotive' trend measures the value of consumer goods, excluding food and automotive, imported into the United States. This metric provides insight into consumer demand and international trade patterns.
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 data series tracks the dollar value of non-food, non-automotive consumer products imported into the U.S. It is an important indicator of consumer spending and international trade dynamics, as fluctuations can signal changes in domestic demand or global supply chains.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau based on customs declarations.
Historical Context
Economists and policymakers closely monitor this trend to assess the health of the U.S. consumer sector and the state of global trade relationships.
Key Facts
- Imports of consumer goods account for over a quarter of total U.S. goods imports.
- This trend has increased by over 50% in the past decade.
- China is the largest source of imported consumer goods to the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of imported consumer goods, excluding food and automotive products, into the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand, international trade flows, and the health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected monthly by the U.S. Census Bureau based on customs declarations.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess consumer spending, global trade dynamics, and the overall state of the economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag.
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Imports of Goods: General Merchandise: Other general merchandise
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Citation
U.S. Federal Reserve, Imports of Goods: General Merchandise: Consumer goods except food and automotive (IEAMGCG), retrieved from FRED.