International Merchandise Trade Statistics: Exports: Commodities for Portugal
Growth rate same period previous year, Quarterly
XTEXVA01PTQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.45
Year-over-Year Change
-59.26%
Date Range
1/1/1958 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of exports of goods and services from the United States on a quarterly basis. It provides important insights into the health and direction of the U.S. trade balance and international 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 growth rate same period previous year, Quarterly trend tracks the annualized percentage change in U.S. exports of goods and services compared to the same quarter in the prior year. This metric is closely watched by economists, policymakers, and market analysts to gauge the strength of the U.S. export sector and evaluate the country's trade position.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys of businesses and government agencies.
Historical Context
This export growth trend is used to inform economic policy decisions and trade negotiations, as well as to analyze the competitiveness of U.S. exports in global markets.
Key Facts
- U.S. exports of goods and services grew 9.1% in Q4 2022 compared to Q4 2021.
- Export growth has slowed from a peak of 24.5% in Q2 2021 amid global economic headwinds.
- The U.S. trade deficit reached a record $948 billion in 2022 as imports outpaced exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of U.S. exports of goods and services on a quarterly basis, providing insights into the strength of the country's export sector.
Q: Why is this trend relevant for users or analysts?
A: This export growth metric is closely watched by economists, policymakers, and market analysts to gauge the health of the U.S. trade balance and the competitiveness of American exports in the global marketplace.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys of businesses and government agencies.
Q: How is this trend used in economic policy?
A: This export growth trend is used to inform economic policy decisions and trade negotiations, as well as to analyze the strength of the U.S. export sector.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a delay of approximately three months following the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (XTEXVA01PTQ659S), retrieved from FRED.