International Merchandise Trade Statistics: Exports: Commodities for Austria
Growth rate same period previous year, Monthly, Seasonally Adjusted
XTEXVA01ATM659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.56
Year-over-Year Change
-128.13%
Date Range
1/1/1958 - 5/1/2025
Summary
This economic trend measures the year-over-year growth rate of exports of goods and services, a key indicator of international trade activity and global economic conditions.
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 growth rate same period previous year for exports provides insight into the pace of change in a country's international trade balance. It is closely watched by economists, policymakers, and businesses to assess the strength of the global economy and demand for domestic products.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of businesses and trade statistics.
Historical Context
This export growth metric informs decisions around trade policy, foreign investment, and economic forecasting.
Key Facts
- Exports account for over 12% of U.S. GDP.
- China is the largest destination for U.S. exports.
- Export growth rebounded sharply after the COVID-19 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in the value of goods and services exported from the United States.
Q: Why is this trend relevant for users or analysts?
A: Export growth is a vital indicator of international trade activity and global economic conditions, informing decisions around trade policy, foreign investment, and economic forecasting.
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 businesses and trade statistics.
Q: How is this trend used in economic policy?
A: This export growth metric is closely watched by policymakers to assess the strength of the global economy and demand for domestic products, informing decisions around trade and foreign economic policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (XTEXVA01ATM659S), retrieved from FRED.