Value of Exports to Austria from Louisiana
LAAUTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,521,272.00
Year-over-Year Change
336.37%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Austria from Louisiana' trend measures the total value of goods and services exported from the U.S. state of Louisiana to Austria. This metric is important for understanding Louisiana's international trade relationships and economic integration.
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 Louisiana to Austria, including manufactured goods, agricultural commodities, and various services. Economists and policymakers use this data to analyze Louisiana's export performance and competitiveness in European markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses engaged in international trade.
Historical Context
Trends in Louisiana's exports to Austria are relevant for assessing the state's economic health and evaluating the impacts of trade policy changes.
Key Facts
- Louisiana exported $123 million worth of goods and services to Austria in 2021.
- Exports to Austria make up 1.5% of Louisiana's total international trade.
- Manufacturing is Louisiana's largest export sector to Austria, accounting for 60% of shipments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of all products and services exported from the U.S. state of Louisiana to Austria.
Q: Why is this trend relevant for users or analysts?
A: Tracking Louisiana's export performance to Austria is important for understanding the state's international trade relationships and economic integration.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses engaged in international trade.
Q: How is this trend used in economic policy?
A: Trends in Louisiana's exports to Austria are relevant for assessing the state's economic health and evaluating the impacts of trade policy changes.
Q: Are there update delays or limitations?
A: The data may have a 1-2 month delay in reporting due to the Census Bureau's data collection and processing timelines.
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Citation
U.S. Federal Reserve, Value of Exports to Austria from Louisiana (LAAUTA052SCEN), retrieved from FRED.