Exports of Goods: Manufactured Commodities for Minnesota
EXPMANMN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,741.82
Year-over-Year Change
-19.18%
Date Range
8/1/1995 - 6/1/2025
Summary
The 'Exports of Goods: Manufactured Commodities for Minnesota' trend measures the total value of manufactured goods exported from Minnesota to international markets. This metric provides insight into the state's manufacturing competitiveness and export 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
This economic indicator tracks the monetary value of physical goods produced in Minnesota and shipped to buyers outside the United States. It serves as an important barometer of Minnesota's export-oriented manufacturing sector and global trade integration.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of Minnesota-based businesses.
Historical Context
Policymakers and analysts use this metric to assess Minnesota's manufacturing industry performance and international economic engagement.
Key Facts
- Minnesota is a top 10 exporting state in the U.S.
- Manufactured goods account for over 75% of Minnesota's total exports.
- The state's leading manufactured exports include machinery, medical devices, and agricultural equipment.
FAQs
Q: What does this economic trend measure?
A: The 'Exports of Goods: Manufactured Commodities for Minnesota' metric tracks the total monetary value of manufactured products exported from Minnesota to international markets.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the performance and global competitiveness of Minnesota's manufacturing sector, a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects and compiles this data through surveys of Minnesota-based businesses engaged in international trade.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to assess Minnesota's export activity, trade dynamics, and the health of the state's manufacturing industry.
Q: Are there update delays or limitations?
A: This data is typically published with a 1-2 month lag, and may be subject to revisions by the Census Bureau.
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Citation
U.S. Federal Reserve, Exports of Goods: Manufactured Commodities for Minnesota (EXPMANMN), retrieved from FRED.