Value of Exports to Austria from Indiana
INAUTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,151,047.00
Year-over-Year Change
-84.51%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Austria from Indiana' series measures the total value of goods and services exported from the state of Indiana to Austria. This data provides insights into Indiana's trade relationship with Austria, an important economic partner.
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 represents the dollar value of all physical goods and intangible services exported from businesses located in Indiana to customers in Austria. It is a key metric for understanding Indiana's export economy and its interconnectedness with the Austrian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Indiana exporters.
Historical Context
Policymakers and trade analysts use this data to assess Indiana's trade performance and competitiveness in the global economy.
Key Facts
- Indiana exported over $200 million in goods and services to Austria in 2021.
- Austria is Indiana's 23rd largest export destination globally.
- Machinery, pharmaceuticals, and motor vehicle parts are Indiana's top exports to Austria.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from businesses located in the state of Indiana to customers in Austria.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Indiana's trade relationship with Austria, an important economic partner, which is valuable for understanding the state's export economy and global competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Indiana exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to assess Indiana's trade performance and competitiveness in the global economy.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically several months after the end of each reporting period.
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Citation
U.S. Federal Reserve, Value of Exports to Austria from Indiana (INAUTA052SCEN), retrieved from FRED.