Quarterly, Seasonally Adjusted
SWEURAQS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
-8.05%
Date Range
1/1/2007 - 4/1/2013
Summary
The Quarterly, Seasonally Adjusted series measures the seasonally adjusted value of US nominal exports of services on a quarterly basis. This metric is an important indicator of the overall health and trends in the US 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 Quarterly, Seasonally Adjusted series represents the seasonally adjusted value of US exports of services, such as tourism, transportation, finance, and intellectual property. It is a key indicator used by economists and policymakers to assess the performance and competitiveness of the US services sector in global trade.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of US service providers.
Historical Context
This series is widely followed by trade analysts, policymakers, and international economists to gauge the strength of the US services trade position.
Key Facts
- Quarterly data updated by BEA with a 3-month lag.
- US services exports totaled over $900 billion in 2022.
- The services trade surplus helps offset the US goods trade deficit.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series tracks the seasonally adjusted value of US nominal exports of services on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the overall health and competitiveness of the US services sector in global trade, and is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of US service providers.
Q: How is this trend used in economic policy?
A: This series is widely followed by trade analysts, policymakers, and international economists to gauge the strength of the US services trade position and inform policy decisions.
Q: Are there update delays or limitations?
A: The quarterly data is updated by the BEA with a 3-month lag, so the most recent quarter's figure may not be available immediately.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (SWEURAQS), retrieved from FRED.