Description
The U.S. Exports of Goods and Services is jointly released by the Bureau of Economic Analysis (BEA) and the U.S. Census Bureau. It measures the total value of goods and services exported from the United States to the rest of the world during a specific period.
An increase in the total value of exports typically indicates stronger global demand for U.S. goods and services, which can drive U.S. economic growth and contribute to a trade surplus. Conversely, a decrease in export value may suggest weakening external demand or a global economic slowdown, which could negatively impact the U.S. economy.
This data is released monthly, reflecting the export activity of the United States for the previous month.