Value of Exports to Romania from Indiana
INROUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,756,702.00
Year-over-Year Change
811.87%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Romania from Indiana' trend measures the total value of goods and services exported from the U.S. state of Indiana to Romania. This metric is important for assessing trade flows and economic ties between regions.
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 series tracks the dollar value of all products and services exported from Indiana businesses to customers in Romania. It provides insight into the scale and direction of international trade involving this specific state-country pairing, which is relevant for economists and policymakers analyzing regional economic activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Indiana exporters.
Historical Context
This metric is used to monitor the health of Indiana's export economy and inform trade policy decisions.
Key Facts
- Indiana is a major U.S. exporting state.
- Romania is an emerging market for Indiana goods.
- Export values can fluctuate due to exchange rates and trade policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Indiana to customers in Romania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Indiana and Romania, which is important for understanding regional economic activity and informing trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Indiana exporters.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor the health of Indiana's export economy and inform decisions related to international trade.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the metric can be influenced by factors like exchange rates and trade policy changes.
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Citation
U.S. Federal Reserve, Value of Exports to Romania from Indiana (INROUA052SCEN), retrieved from FRED.