Exports of Goods: Manufactured Commodities for North Dakota
EXPMANND • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
615.44
Year-over-Year Change
93.88%
Date Range
8/1/1995 - 6/1/2025
Summary
The 'Exports of Goods: Manufactured Commodities for North Dakota' data series measures the value of manufactured goods exported from North Dakota. This metric is a key indicator of the state's manufacturing and trade performance.
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 dollar value of manufactured goods shipped from North Dakota to international destinations. The data is used by economists, policymakers, and businesses to analyze trends in the state's export economy and industrial production.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of manufacturing and trade activity.
Historical Context
Exports data is closely monitored for insights into economic growth, trade balances, and the competitiveness of U.S. manufacturers.
Key Facts
- North Dakota's manufactured exports totaled $5.2 billion in 2021.
- Machinery and transportation equipment are top export categories.
- North Dakota's manufacturing exports have grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the value of manufactured goods exported from the state of North Dakota to international destinations.
Q: Why is this trend relevant for users or analysts?
A: Exports data provides insights into the strength of a state's manufacturing and trade sectors, which are key drivers of economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to monitor trade balances, assess the impact of trade policies, and identify opportunities to boost exports and manufacturing activity.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Exports of Goods: Manufactured Commodities for North Dakota (EXPMANND), retrieved from FRED.