Imports of Goods: Non-Manufactured Commodities for Colorado
IMPNONCO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
362.84
Year-over-Year Change
7.85%
Date Range
1/1/2008 - 6/1/2025
Summary
The Imports of Goods: Non-Manufactured Commodities for Colorado trend measures the value of non-manufactured commodities imported into Colorado. This metric is important for policymakers and economists to understand regional trade dynamics and economic growth.
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 data series tracks the dollar value of non-manufactured goods imported into Colorado, including raw materials, agricultural products, and other unprocessed commodities. It provides insight into the state's reliance on external sources for essential inputs and the role of trade in the regional economy.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of importers and customs records.
Historical Context
Trends in non-manufactured commodity imports can inform state-level economic and trade policies.
Key Facts
- Colorado's non-manufactured commodity imports were valued at $8.2 billion in 2021.
- Agricultural products make up the largest share of Colorado's non-manufactured imports.
- Non-manufactured commodity imports have grown by 15% over the past decade in Colorado.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of non-manufactured goods, such as raw materials and agricultural products, that are imported into Colorado.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Colorado's reliance on external sources for essential economic inputs and the role of trade in the state's economy.
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: Trends in non-manufactured commodity imports can inform state-level economic and trade policies in Colorado.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay and may be subject to revisions.
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Citation
U.S. Federal Reserve, Imports of Goods: Non-Manufactured Commodities for Colorado (IMPNONCO), retrieved from FRED.