Imports of Goods: Manufactured Commodities for Montana
IMPMANMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.99
Year-over-Year Change
-13.41%
Date Range
1/1/2008 - 6/1/2025
Summary
The 'Imports of Goods: Manufactured Commodities for Montana' series measures the value of manufactured goods imported into Montana. This metric is important for understanding the state's trade dynamics and economic integration with global supply chains.
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 imported into the state of Montana. It provides insight into the state's level of engagement in international trade and dependence on foreign-produced industrial and consumer products.
Methodology
The data is collected by the U.S. Census Bureau through surveys of importers and customs records.
Historical Context
Policymakers and economists analyze this metric to assess Montana's trade balance, industrial composition, and exposure to global economic conditions.
Key Facts
- Montana imported $2.3 billion in manufactured goods in 2021.
- Imports of manufactured commodities account for 35% of total imports to Montana.
- Machinery and equipment make up the largest category of manufactured imports to Montana.
FAQs
Q: What does this economic trend measure?
A: The 'Imports of Goods: Manufactured Commodities for Montana' series tracks the dollar value of manufactured goods imported into the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Montana's level of engagement in international trade and dependence on foreign-produced industrial and consumer products, which is relevant for policymakers and economists analyzing the state's trade balance, industrial composition, and exposure to global economic conditions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of importers and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to assess Montana's trade balance, industrial composition, and exposure to global economic conditions, which informs decision-making and policy development.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodological adjustments of the U.S. Census Bureau, which may result in occasional update delays or revisions.
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Citation
U.S. Federal Reserve, Imports of Goods: Manufactured Commodities for Montana (IMPMANMT), retrieved from FRED.