Value of Exports to Georgia from Kentucky
KYGEOA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
603,440.00
Year-over-Year Change
-17.51%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Georgia from Kentucky' metric tracks the total dollar value of goods and services exported from Kentucky to the state of Georgia. This data provides insights into trade patterns and economic interdependence between these two U.S. states.
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 series represents the total exports from Kentucky businesses and producers to consumers and businesses in the state of Georgia. Economists and policymakers use this data to analyze regional trade flows, assess economic integration, and inform decisions around infrastructure, logistics, and economic development initiatives.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
This export data is used by state governments, trade associations, and companies to understand market opportunities and inform strategic decisions.
Key Facts
- Kentucky exported $6.2 billion in goods and services to Georgia in 2021.
- Motor vehicles and parts are Kentucky's top export category to Georgia.
- Georgia is Kentucky's 3rd largest export destination.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services exported from Kentucky businesses to consumers and companies in the state of Georgia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into regional trade dynamics and economic interdependence, which are important for business strategy, policy decisions, and understanding state-level economic performance.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this information through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: State governments, trade associations, and companies use this export data to analyze market opportunities, inform infrastructure investments, and develop economic development initiatives.
Q: Are there update delays or limitations?
A: This data is published with a lag of several months, so it may not reflect the most current trade environment.
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Citation
U.S. Federal Reserve, Value of Exports to Georgia from Kentucky (KYGEOA052SCEN), retrieved from FRED.