Imports of Goods: Manufactured Commodities for Louisiana
IMPMANLA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,389.98
Year-over-Year Change
21.24%
Date Range
1/1/2008 - 6/1/2025
Summary
The 'Imports of Goods: Manufactured Commodities for Louisiana' series measures the value of manufactured goods imported into Louisiana. It provides insight into the state's international trade activity and manufacturing supply chains.
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 economic indicator tracks the dollar value of manufactured products, such as machinery, chemicals, and transportation equipment, imported into Louisiana from other countries. It is used by economists and policymakers to assess Louisiana's participation in global trade and the competitiveness of its manufacturing sector.
Methodology
The data is collected by the U.S. Census Bureau through port-of-entry surveys and administrative records.
Historical Context
Trends in Louisiana's manufactured imports can inform state and federal trade, economic development, and industrial policies.
Key Facts
- Louisiana is a major importer of manufactured products.
- Manufactured imports account for over 60% of total imports to Louisiana.
- The value of Louisiana's manufactured imports has grown by 25% in the last decade.
FAQs
Q: What does this economic trend measure?
A: The 'Imports of Goods: Manufactured Commodities for Louisiana' series tracks the dollar value of manufactured products imported into the state of Louisiana from other countries.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Louisiana's participation in global trade and the competitiveness of its manufacturing sector, which is crucial information for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through port-of-entry surveys and administrative records.
Q: How is this trend used in economic policy?
A: Trends in Louisiana's manufactured imports can inform state and federal trade, economic development, and industrial policies.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month lag, and may not capture all import activity due to reporting thresholds.
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Citation
U.S. Federal Reserve, Imports of Goods: Manufactured Commodities for Louisiana (IMPMANLA), retrieved from FRED.