Value of Exports to Ireland from Indiana
INIRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
969,396,875.00
Year-over-Year Change
404.04%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Ireland from Indiana' trend tracks the total value of goods and services exported from the U.S. state of Indiana to the country of Ireland. This metric is useful for economists and policymakers to analyze trade relationships and commercial activity between specific regions.
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 exported products and services from the state of Indiana to Ireland. It provides insight into the economic ties and commercial exchange between these two geographic areas, which can inform trade policy, investment decisions, and broader economic analysis.
Methodology
The data is collected and published by the U.S. Census Bureau using international trade reporting.
Historical Context
Trends in state-level exports are closely watched by economists, investors, and government agencies to assess regional economic performance and trade dynamics.
Key Facts
- Indiana is the 12th largest exporting state in the U.S.
- Ireland is the 17th largest export destination for Indiana goods and services.
- The value of Indiana's exports to Ireland has grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total dollar value of exports from the U.S. state of Indiana to the country of Ireland, providing insight into the trade relationship between these two regions.
Q: Why is this trend relevant for users or analysts?
A: Trends in state-level exports are closely watched by economists, policymakers, and businesses to assess regional economic performance, trade dynamics, and commercial opportunities.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau using international trade reporting.
Q: How is this trend used in economic policy?
A: Policymakers and trade agencies use this data to monitor and guide trade relationships, investment decisions, and broader economic strategies between specific U.S. states and foreign countries.
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 as more complete information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Ireland from Indiana (INIRLA052SCEN), retrieved from FRED.