Imports of Goods for Montana
IMPTOTMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
496.58
Year-over-Year Change
-25.35%
Date Range
1/1/2008 - 6/1/2025
Summary
The 'Imports of Goods for Montana' trend measures the total value of goods imported into the state of Montana. This data provides insights into Montana's trade dynamics and economic integration with global 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 tracks the dollar value of all physical goods imported into Montana from foreign countries. It is an important indicator for understanding Montana's role in national and international trade flows, economic activity, and supply chain integration.
Methodology
The data is collected and reported by the U.S. Census Bureau through its international trade tracking programs.
Historical Context
Policymakers and economists use this data to assess Montana's trade balance, competitiveness, and exposure to global economic conditions.
Key Facts
- Montana imported $3.2 billion in goods in 2021.
- Machinery and transportation equipment are top import categories.
- China is Montana's largest import trading partner.
FAQs
Q: What does this economic trend measure?
A: The 'Imports of Goods for Montana' trend measures the total dollar value of goods imported into the state of Montana from foreign countries.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into Montana's trade dynamics, economic integration, and exposure to global economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its international trade tracking programs.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess Montana's trade balance, competitiveness, and exposure to global economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks.
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Citation
U.S. Federal Reserve, Imports of Goods for Montana (IMPTOTMT), retrieved from FRED.