Exports of Goods: Manufactured Commodities for Maine
EXPMANME • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
145.14
Year-over-Year Change
-14.53%
Date Range
8/1/1995 - 6/1/2025
Summary
The 'Exports of Goods: Manufactured Commodities for Maine' trend measures the value of manufactured goods exported from Maine to international destinations. This metric is important for understanding Maine's export economy and trade dynamics.
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 tracks the dollar value of manufactured products leaving Maine for overseas markets. It provides insight into the state's export composition, competitiveness, and connections to the global economy.
Methodology
The data is collected through surveys of businesses by the U.S. Census Bureau.
Historical Context
Policymakers and businesses use this metric to gauge Maine's export performance and inform trade, economic development, and investment decisions.
Key Facts
- Maine exports of manufactured goods totaled $5.8 billion in 2021.
- Machinery and computer/electronic products are Maine's top manufactured exports.
- Canada is Maine's largest export destination, receiving over 50% of the state's manufactured exports.
FAQs
Q: What does this economic trend measure?
A: The 'Exports of Goods: Manufactured Commodities for Maine' trend measures the dollar value of manufactured products exported from Maine to international markets.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Maine's export economy, competitiveness, and integration with the global marketplace, which is important for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this metric to gauge Maine's export performance and inform trade, economic development, and investment decisions.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay, and may be subject to periodic revisions by the Census Bureau.
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Citation
U.S. Federal Reserve, Exports of Goods: Manufactured Commodities for Maine (EXPMANME), retrieved from FRED.