Secondary income receipts: Adjustment for U.S. territories and Puerto Rico
LA0000341A027NBEA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.22
Year-over-Year Change
34.31%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the adjustment to the secondary income receipts data to account for U.S. territories and Puerto Rico. It is an important component in calculating the U.S. current account 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 secondary income receipts adjustment ensures the current account data fully represents the United States, including its territories and commonwealth. This metric is a key input for policymakers analyzing the nation's external accounts and international economic position.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using surveys and other sources.
Historical Context
This trend is used by the Federal Reserve, Treasury, and other institutions to monitor and interpret the U.S. current account and international financial flows.
Key Facts
- Accounts for economic activity in U.S. territories and Puerto Rico.
- Included in the U.S. current account balance calculation.
- Reflects international transfers of income
FAQs
Q: What does this economic trend measure?
A: This trend measures the adjustment made to U.S. secondary income receipts data to account for economic activity in U.S. territories and Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This adjustment is a key component in calculating the overall U.S. current account balance, which is an important indicator of the nation's international economic position and financial flows.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using surveys and other sources.
Q: How is this trend used in economic policy?
A: The secondary income receipts adjustment is used by the Federal Reserve, Treasury, and other institutions to monitor and interpret the U.S. current account and international financial flows.
Q: Are there update delays or limitations?
A: There may be update delays or limitations typical of economic data, but the Bureau of Economic Analysis provides transparent documentation on data sources and methodologies.
Related Trends
Primary income receipts
IEAXI
Secondary income (current transfer) receipts
IEAXSIR
Secondary income receipts, International Transactions Accounts
LA0000421A027NBEA
Primary Income Receipts: Investment income: Portfolio investment income
IEAXIP
Primary Income Receipts: Investment income: Reserve asset income
IEAXIR
Primary Income Receipts: Investment income: Portfolio investment income
IEAXIPA
Citation
U.S. Federal Reserve, Secondary income receipts: Adjustment for U.S. territories and Puerto Rico (LA0000341A027NBEA), retrieved from FRED.