International Merchandise Trade Statistics: Exports: Commodities for Luxembourg
Growth rate same period previous year, Seasonally Adjusted
XTEXVA01LUQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.40
Year-over-Year Change
-138.98%
Date Range
1/1/1989 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of exports of goods and services, seasonally adjusted. It provides insight into the strength and direction of 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
The growth rate same period previous year, seasonally adjusted tracks the annual percentage change in the value of U.S. exports. This key metric helps economists and policymakers evaluate the dynamics of the nation's trade balance and global competitiveness.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys of international trade activity.
Historical Context
This export growth trend is widely used to inform trade policy decisions and assess the health of the broader economy.
Key Facts
- Exports account for approximately 12% of U.S. GDP.
- Rapid export growth can boost domestic employment and income.
- Weak export performance may signal challenges in global competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in the value of U.S. exports of goods and services, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The export growth rate provides valuable insights into the strength of international trade and the global competitiveness of U.S. businesses.
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 international trade activity.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to inform trade policy decisions and assess the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month lag and may be subject to periodic revisions by the statistical agency.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Seasonally Adjusted (XTEXVA01LUQ659S), retrieved from FRED.