Exports of Goods: Non-Manufactured Commodities for Massachusetts
EXPNONMA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.77
Year-over-Year Change
18.90%
Date Range
8/1/1995 - 6/1/2025
Summary
The Exports of Goods: Non-Manufactured Commodities for Massachusetts measures the value of non-manufactured goods exported from Massachusetts. This metric provides insight into the state's trade activity 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 tracks the dollar value of non-manufactured commodity exports from Massachusetts, including agricultural products, raw materials, and other unprocessed goods. It is an important indicator of Massachusetts' trade competitiveness and the strength of its export-oriented industries.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses engaged in exporting goods.
Historical Context
Policymakers and economists monitor this metric to assess the health of Massachusetts' export economy and identify emerging trade trends.
Key Facts
- Massachusetts is a major exporter of agricultural products and natural resources.
- Exports account for a significant portion of Massachusetts' gross state product.
- Non-manufactured commodity exports have experienced volatility due to global trade dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of non-manufactured goods, such as agricultural products and raw materials, exported from the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade competitiveness and economic performance of Massachusetts, particularly its export-oriented industries.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses engaged in exporting goods.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to assess the health of Massachusetts' export economy and identify emerging trade trends.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and can experience delays in reporting, as it is collected through survey methods.
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Citation
U.S. Federal Reserve, Exports of Goods: Non-Manufactured Commodities for Massachusetts (EXPNONMA), retrieved from FRED.