Value of Exports to Austria from Maine
MEAUTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,599,008.00
Year-over-Year Change
284.78%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Austria from Maine' economic trend measures the total value of goods and services exported from the U.S. state of Maine to Austria. This data provides insights into Maine's international trade and economic ties with European markets.
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 products and services exported from Maine to Austria. It is an important indicator of Maine's export economy and commercial relationships with European trading partners. Economists and policymakers analyze this data to understand Maine's global trade flows and competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Historical Context
Policymakers and industry analysts use this trend to inform decisions around trade, economic development, and international business strategies.
Key Facts
- Maine exported over $78 million in goods and services to Austria in 2021.
- Machinery and transportation equipment are major export categories from Maine to Austria.
- Austria is Maine's 24th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports, including goods and services, from the U.S. state of Maine to Austria.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Maine's international trade relationships and economic ties with the European market, which is important for understanding the state's export-driven economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this trend to inform decisions around trade, economic development, and international business strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several months, so there may be delays in accessing the most recent information.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for Austria
LFEM64FEATA647S
Consumer Price Index: Harmonized Prices: Restaurants and Hotels (COICOP 11): Total for Austria
AUTCPHP1100IXEBM
Consumer Price Index for Austria
DDOE01ATA086NWDB
Infra-Annual Labor Statistics: Unemployment Rate Male: From 15 to 64 Years for Austria
LRUN64MAATQ156S
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Austria
LFUN74MAATA647S
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Austria
AUTPROMANMISMEI
Citation
U.S. Federal Reserve, Value of Exports to Austria from Maine (MEAUTA052SCEN), retrieved from FRED.