Nowcasting Macro

Live Nowcast2026 Q2 (no official figure yet)

United States Merchandise Imports Forecast

Produced by a tournament of forecasting models judged on real out-of-sample accuracy — the figure below is the deployed model’s current read, refreshed automatically as official data and news arrive.

Latest official
136.21
2026 Q1
Nowcast
137.07
2026 Q2
Typical accuracy
±7.00
vs published actuals
137.072023 Q22026 Q12026 Q2

Recent official figures (solid) and the current nowcast (dot) with its typical-error range. Every past forecast is kept on the books — see how the number is made.

What is the United States Merchandise Imports nowcast for 2026 Q2?

Nowcasting Macro's latest nowcast puts United States Merchandise Imports at 137.07 for 2026 Q2, against the most recent official figure of 136.21 for 2026 Q1.

That points to a rise of about 0.86 index points from the last print.

Imports of goods and services in volume terms — how much the economy buys from abroad, adjusted for prices.

Across our walk-forward backtest, the model deployed for this series has typically landed within ±7.00 of the published actual.

Over the past 4 quarters the series has eased from 146.41 (2025 Q1) to 136.21 (2026 Q1).

Higher = stronger domestic demand pulling in foreign goods, in real terms. Index levels are comparable across countries in growth terms (own 2015 = 100). For ASEAN economies the index tracks trade values (incl. price effects), not volumes.

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United States Merchandise Imports Forecast — 2026 Q2 Nowcast: 137.07 · Nowcasting Macro