Value of Exports to Luxembourg from Indiana
INLUXA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54,743,105.00
Year-over-Year Change
24551.84%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Luxembourg from Indiana' measures the total value of goods and services exported from the state of Indiana to the country of Luxembourg. This metric is important for understanding trade relationships and economic linkages between the U.S. and European nations.
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 products and services shipped from Indiana to Luxembourg. It is a key indicator of the trade flow and economic integration between the two regions. Policymakers and analysts use this data to evaluate the strength of commercial ties and identify trends in bilateral trade.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Indiana-based businesses and exporters.
Historical Context
The trend is relevant for assessing the health of international trade and economic policy surrounding U.S. exports.
Key Facts
- Indiana is the 12th largest exporting state in the U.S.
- Luxembourg is the 43rd largest destination for Indiana exports.
- Machinery and transportation equipment are Indiana's top exports to Luxembourg.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Luxembourg from Indiana' tracks the total dollar value of goods and services shipped from the state of Indiana to the country of Luxembourg.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic linkages between Indiana and Luxembourg, which is useful for policymakers, businesses, and economists analyzing international commerce.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Indiana-based exporters and businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to evaluate the health of international trade and inform decisions around economic policy, particularly surrounding U.S. exports.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a 1-2 month lag in reporting due to the time required for data collection and processing.
Related Trends
Average Weekly Earnings of All Employees: Other Services in Indiana
SMU18000008000000011
All Employees: Manufacturing: Durable Goods: Motor Vehicle Body and Trailer Manufacturing in Indiana
SMU18000003133620001SA
All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Indiana
SMU18000003133300001SA
All Employees: Leisure and Hospitality: Full-Service Restaurants in Indiana
SMU18000007072251101
State Government Tax Collections, Motor Fuels - Selective Sales Taxes in Indiana
INFUELTAX
Total Personal Income in Indiana
INOTOT
Citation
U.S. Federal Reserve, Value of Exports to Luxembourg from Indiana (INLUXA052SCEN), retrieved from FRED.