Real Exports of Goods and Services for Australia
Quarterly, Not Seasonally Adjusted
NXRNSAXDCAUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
173,366.00
Year-over-Year Change
12.83%
Date Range
7/1/1959 - 1/1/2025
Summary
This series tracks the U.S. trade balance on a quarterly, not seasonally adjusted basis. It's a key economic indicator used by policymakers and analysts to assess the nation's import-export activity.
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 Quarterly, Not Seasonally Adjusted trade balance measures the difference between the total value of goods and services exported from the U.S. and the total value of goods and services imported into the U.S. during a given quarter. This unadjusted data provides insight into seasonal trade patterns.
Methodology
The U.S. Census Bureau collects and calculates this data based on customs declarations and surveys of businesses.
Historical Context
Trade balance figures help inform economic and policy decisions related to exchange rates, tariffs, and international competitiveness.
Key Facts
- The U.S. trade deficit was $261.5 billion in Q4 2022.
- China is the largest source of U.S. imports, accounting for over $500 billion annually.
- Services trade usually runs a surplus, while goods trade runs a deficit.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted trade balance measures the difference between the total value of U.S. exports and imports during a given quarter, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted trade data provides insights into seasonal trade patterns and helps inform economic and policy decisions related to exchange rates, tariffs, and international competitiveness.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects and calculates this data based on customs declarations and surveys of businesses.
Q: How is this trend used in economic policy?
A: Trade balance figures are closely monitored by policymakers, economists, and market analysts to assess the U.S. economy's international trade position and competitiveness.
Q: Are there update delays or limitations?
A: This quarterly trade data is typically released with a 2-month lag, and the not seasonally adjusted figures can be more volatile than the seasonally adjusted version.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (NXRNSAXDCAUQ), retrieved from FRED.