Nominal Total Credit to General Government, Adjusted for Breaks, for Denmark
Billions of US Dollars
QDKGANUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.24
Year-over-Year Change
-19.00%
Date Range
1/1/2000 - 10/1/2024
Summary
This economic indicator tracks the total value of U.S. goods and services exports in billions of U.S. dollars. It is a key measure of international trade and economic 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 Billions of US Dollars trend represents the total value of all goods and services exported from the United States. It is a vital metric for assessing the nation's trade balance, competitiveness, and participation in the global economy.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to evaluate trade policies, exchange rates, and the health of U.S. industries.
Key Facts
- The U.S. exported over $2.5 trillion in goods and services in 2022.
- Exports account for about 12% of U.S. GDP.
- China, Canada, and Mexico are the top destinations for U.S. exports.
FAQs
Q: What does this economic trend measure?
A: The Billions of US Dollars trend tracks the total value of all goods and services exported from the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating the U.S. trade balance, international competitiveness, and the health of export-oriented industries.
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 trend to assess trade policies, exchange rates, and the performance of U.S. exporters.
Q: Are there update delays or limitations?
A: The Billions of US Dollars data is released with a short lag, typically a few weeks after the end of each month.
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Citation
U.S. Federal Reserve, Billions of US Dollars (QDKGANUSDA), retrieved from FRED.