U.S. Imports of Services: Financial Services
ITMFISM133S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,542.00
Year-over-Year Change
4.90%
Date Range
1/1/1999 - 6/1/2025
Summary
The U.S. Imports of Services: Financial Services trend measures the value of financial services imported into the United States. This indicator provides insights into the country's international trade in financial services, which is an important component of the overall services trade balance.
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 financial services category encompasses a wide range of activities, including banking, insurance, and other financial transactions. Analyzing the trend in imported financial services can help economists and policymakers understand the evolving dynamics of the U.S. financial sector and its engagement with global markets.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys of international trade in services.
Historical Context
This metric is closely monitored by government agencies, financial institutions, and economic analysts to assess the competitiveness of the U.S. financial services industry and the overall trade position.
Key Facts
- Financial services are a major component of total U.S. services trade.
- The U.S. is a net exporter of financial services, but imports also play a significant role.
- Imports of financial services have grown steadily over the past two decades.
FAQs
Q: What does this economic trend measure?
A: The U.S. Imports of Services: Financial Services trend measures the value of financial services imported into the United States, including banking, insurance, and other financial transactions.
Q: Why is this trend relevant for users or analysts?
A: Analyzing the trend in imported financial services can provide insights into the evolving dynamics of the U.S. financial sector and its engagement with global markets, which is relevant for economists, policymakers, and financial industry analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys of international trade in services.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by government agencies, financial institutions, and economic analysts to assess the competitiveness of the U.S. financial services industry and the overall trade position.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the U.S. Federal Reserve, with some potential for short delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, U.S. Imports of Services: Financial Services (ITMFISM133S), retrieved from FRED.