Imports of Goods: Non-Manufactured Commodities for Florida
IMPNONFL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,600.07
Year-over-Year Change
6.63%
Date Range
1/1/2008 - 6/1/2025
Summary
The 'Imports of Goods: Non-Manufactured Commodities for Florida' trend measures the value of non-manufactured goods imported into Florida. This data provides insight into the state's trade and economic 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 economic indicator tracks the value of imported non-manufactured commodities, such as agricultural products and natural resources, that enter the Florida market. It is used by economists and policymakers to analyze trends in the state's trade balance and broader economic conditions.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on import records.
Historical Context
Monitoring this trend helps inform decisions around economic and trade policy in Florida.
Key Facts
- Florida is a major import hub for the southeastern United States.
- Non-manufactured commodities account for a significant portion of Florida's imports.
- Trends in this data reflect the state's reliance on global supply chains.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of non-manufactured goods, such as agricultural products and natural resources, that are imported into the state of Florida.
Q: Why is this trend relevant for users or analysts?
A: Tracking this data provides insights into Florida's trade balance and the broader state economy, which is crucial for economic and policy decision-making.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on import records.
Q: How is this trend used in economic policy?
A: Monitoring this trend helps inform decisions around economic and trade policy in Florida, as it reflects the state's reliance on global supply chains and trade.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of import record reporting, which may result in slight delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Imports of Goods: Non-Manufactured Commodities for Florida (IMPNONFL), retrieved from FRED.