Exports of Goods: Non-Manufactured Commodities for Alabama
EXPNONAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
153.36
Year-over-Year Change
-47.92%
Date Range
8/1/1995 - 6/1/2025
Summary
The Exports of Goods: Non-Manufactured Commodities for Alabama indicator tracks the value of non-manufactured goods exported from Alabama. This metric is important for understanding the state's trade dynamics and economic 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 series measures the total value of non-manufactured goods, such as agricultural products and raw materials, exported from the state of Alabama. It provides insights into the composition and trends of Alabama's export economy beyond just manufactured items.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Alabama exporters.
Historical Context
This indicator is used by economists and policymakers to analyze Alabama's trade position and competitiveness.
Key Facts
- Alabama exported $4.2 billion in non-manufactured goods in 2021.
- Agricultural products account for the largest share of Alabama's non-manufactured exports.
- Non-manufactured exports make up about 25% of Alabama's total goods exports.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of non-manufactured goods, such as agricultural products and raw materials, exported from the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the composition and trends of Alabama's export economy beyond just manufactured items, which is important for understanding the state's overall trade dynamics and economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Alabama exporters.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to analyze Alabama's trade position and competitiveness.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the U.S. Census Bureau, but there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Exports of Goods: Non-Manufactured Commodities for Alabama (EXPNONAL), retrieved from FRED.