Exports of Goods: Manufactured Commodities for South Dakota
EXPMANSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.04
Year-over-Year Change
-15.25%
Date Range
8/1/1995 - 6/1/2025
Summary
The 'Exports of Goods: Manufactured Commodities for South Dakota' trend measures the value of manufactured goods exported from South Dakota. This provides insight into the state's trade and manufacturing 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 series represents the value of manufactured goods exported from South Dakota, such as machinery, vehicles, and chemicals. It is an important indicator of the state's overall economic health and trade relationships.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Policymakers and analysts use this data to assess South Dakota's manufacturing competitiveness and trade patterns.
Key Facts
- South Dakota exported over $6 billion in manufactured goods in 2021.
- Machinery and chemicals are top manufactured exports from the state.
- Exports of manufactured goods account for about 20% of South Dakota's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of manufactured goods exported from the state of South Dakota, including products like machinery, vehicles, and chemicals.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into South Dakota's trade relationships and the strength of its manufacturing sector, which are important factors in the state's overall economic health.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses located in South Dakota.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess South Dakota's manufacturing competitiveness and trade patterns, which can inform decisions around economic development, trade agreements, and other policies.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the release of this data, and the series only covers manufactured goods exports and not total exports from South Dakota.
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Citation
U.S. Federal Reserve, Exports of Goods: Manufactured Commodities for South Dakota (EXPMANSD), retrieved from FRED.