Growth Rate Previous Period, Monthly, Seasonally Adjusted
XTEXVA01G7M657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.38
Year-over-Year Change
-15.91%
Date Range
2/1/1970 - 8/1/2017
Summary
The Growth Rate Previous Period, Monthly, Seasonally Adjusted metric tracks the month-over-month change in total exports, providing insights into the momentum of U.S. international trade 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
This economic indicator measures the percent change in the value of U.S. total exports from the previous month, adjusted for seasonal variations. It is a key indicator of the strength and direction of the U.S. export sector, a major component of economic growth.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on surveys of international trade transactions.
Historical Context
Analysts and policymakers closely monitor this metric to gauge the health of U.S. exports and the country's trade position.
Key Facts
- The U.S. exported over $2.5 trillion in goods and services in 2022.
- Exports account for approximately 12% of U.S. GDP.
- China is the largest destination for U.S. exports.
FAQs
Q: What does this economic trend measure?
A: The Growth Rate Previous Period, Monthly, Seasonally Adjusted metric tracks the month-over-month percent change in the value of total U.S. exports.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the momentum and direction of the U.S. export sector, which is a key component of economic growth and international trade.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on surveys of international trade transactions.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor this metric to gauge the health of U.S. exports and the country's trade position, which informs trade and economic policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Monthly, Seasonally Adjusted (XTEXVA01G7M657S), retrieved from FRED.