Imports of Goods: General Merchandise: Other general merchandise
IEAMGO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35,350.00
Year-over-Year Change
13.57%
Date Range
1/1/1999 - 1/1/2025
Summary
This economic trend measures the value of general merchandise imports, excluding specific categories like automotive and consumer goods. It provides insights into broader trade patterns and the composition of U.S. imports.
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 Imports of Goods: General Merchandise: Other general merchandise data series tracks the dollar value of miscellaneous imported goods that do not fall under major import categories. It offers a high-level view of diversification in U.S. imports beyond the largest product groups.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau based on customs declarations and other trade statistics.
Historical Context
This metric is used by economists and policymakers to analyze shifts in the overall composition of U.S. imports and assess the diversity of the nation's trade relationships.
Key Facts
- Imports of other general merchandise were valued at $49.4 billion in 2022.
- This category accounts for about 10% of total U.S. goods imports.
- Other general merchandise imports grew 16% year-over-year in 2022.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the value of miscellaneous imported goods that do not fall under major product categories like automotive, consumer, or capital goods.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the diversification of U.S. imports and can signal shifts in trade patterns beyond the largest import categories.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Census Bureau based on customs declarations and other trade statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze the composition of U.S. imports and assess the diversity of the nation's trade relationships.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a typical 1-2 month lag from the reference period.
Related Trends
Citation
U.S. Federal Reserve, Imports of Goods: General Merchandise: Other general merchandise (IEAMGO), retrieved from FRED.