Imports of Services: Travel (for all purposes including education)
Annual, Not Seasonally Adjusted
IEAMSTVA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
178,914.00
Year-over-Year Change
98.05%
Date Range
1/1/1999 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted (IEAMSTVA) series measures the value of imports and exports of goods and services for the United States. This metric is a key indicator of the nation's international trade activity and economic performance.
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 IEAMSTVA series represents the total annual value of U.S. imports and exports, without adjustments for seasonal variations. It provides a comprehensive view of the country's trade balance and can be used to analyze long-term trends in the U.S. economy's global commercial relationships.
Methodology
The data is collected and compiled by the U.S. Bureau of Economic Analysis from various government and industry sources.
Historical Context
Policymakers and market analysts closely monitor this series to assess the health of the U.S. economy and the nation's trade position.
Key Facts
- The U.S. recorded a trade deficit of $1.05 trillion in 2022.
- Imports of goods and services reached $3.3 trillion in 2022.
- Exports of goods and services totaled $2.3 trillion in 2022.
FAQs
Q: What does this economic trend measure?
A: The IEAMSTVA series measures the total annual value of U.S. imports and exports of goods and services, without adjustments for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a comprehensive view of the U.S. trade balance and is a key indicator of the nation's international trade activity and economic performance.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the U.S. Bureau of Economic Analysis from various government and industry sources.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this series to assess the health of the U.S. economy and the nation's trade position.
Q: Are there update delays or limitations?
A: The IEAMSTVA series is updated annually and may be subject to revisions as more complete data becomes available.
Related Trends
Imports of Services: Maintenance and repair services n.i.e.
IEAMSM
Imports of Goods: Manufactured Commodities for U.S. Virgin Islands
IMPMANVI
Imports of Goods: Non-Manufactured Commodities for United States
IMPNONUS
Imports of Goods: General Merchandise: Capital goods except automotive
IEAMGC
Primary income payments: Investment income: Other investment income
IEAMIO
U.S. Imports of Services: Maintenance and Repair Services, not included elsewhere
ITMMARM133S
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (IEAMSTVA), retrieved from FRED.