Nominal Exports of Services for Australia
Annual, Not Seasonally Adjusted
NXSXDCAUA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127,190.00
Year-over-Year Change
122.97%
Date Range
1/1/1972 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted series measures the total value of U.S. exports excluding services. It is a key indicator of international trade and provides insight into the health of the U.S. economy.
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
This series represents the value of all goods exported from the United States to other countries, not including services. It is a widely tracked metric for assessing the strength of U.S. exports and the nation's trade balance.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to evaluate economic performance and guide trade and commercial policies.
Key Facts
- U.S. exports totaled over $2.5 trillion in 2021.
- China is the largest destination for U.S. exports.
- Services exports make up around 1/3 of total U.S. exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods exported from the United States to other countries, excluding services trade.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of U.S. exports and international trade, which is a crucial component of economic performance.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to evaluate trade dynamics and guide policies related to international commerce and domestic industries.
Q: Are there update delays or limitations?
A: The data is released with a short lag, typically within a few weeks of the end of each month.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (NXSXDCAUA), retrieved from FRED.