Price Level of Exports for Georgia
PLXCPPGEA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.67
Year-over-Year Change
9.24%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Exports for Georgia measures the change in prices of goods and services exported from the state of Georgia, providing insights into Georgia's international trade competitiveness.
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 index tracks the relative price changes of Georgia's exported products and services, which is a key economic indicator for state-level trade dynamics and export-driven industries.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and businesses use this index to assess Georgia's export market position and guide trade and economic development strategies.
Key Facts
- Georgia is a major exporting state, accounting for over $40 billion in exports annually.
- The state's top export sectors include aerospace, machinery, and agricultural products.
- Export prices can impact Georgia's competitiveness in global markets.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Georgia measures the change in prices of goods and services exported from the state, providing insights into Georgia's international trade competitiveness.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator for understanding Georgia's export market position, which is important for policymakers, businesses, and economists analyzing the state's trade dynamics and economic development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this index to assess Georgia's export market position and guide trade and economic development strategies.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the U.S. Bureau of Economic Analysis, with potential lags in availability.
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Citation
U.S. Federal Reserve, Price Level of Exports for Georgia (PLXCPPGEA670NRUG), retrieved from FRED.