Imports of Goods: Non-Manufactured Commodities for Arizona
IMPNONAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
618.81
Year-over-Year Change
-15.81%
Date Range
1/1/2008 - 6/1/2025
Summary
The 'Imports of Goods: Non-Manufactured Commodities for Arizona' trend measures the value of non-manufactured goods imported into Arizona. This metric is important for economists and policymakers to understand the state's trade flows and economic activity.
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 non-manufactured goods, such as raw materials and agricultural products, imported into the state of Arizona. It provides insight into Arizona's trade dynamics and reliance on external sources for key inputs to its economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of international trade transactions.
Historical Context
Policymakers and analysts use this metric to assess Arizona's economic health and trade relationships.
Key Facts
- Arizona is a major trading hub in the southwestern United States.
- Non-manufactured commodities account for a significant portion of the state's imports.
- Tracking these imports is crucial for understanding Arizona's economic linkages.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of non-manufactured goods, such as raw materials and agricultural products, that are imported into the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into Arizona's trade flows and reliance on external sources for key economic inputs, which is relevant for understanding the state's economic health and trade relationships.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of international trade transactions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Arizona's economic activity and trade dynamics, which can inform decisions related to economic development, trade agreements, and other policy initiatives.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and methodological constraints of the U.S. Census Bureau's international trade surveys.
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Citation
U.S. Federal Reserve, Imports of Goods: Non-Manufactured Commodities for Arizona (IMPNONAZ), retrieved from FRED.