Value of Exports to Ireland from Louisiana
LAIRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78,048,217.00
Year-over-Year Change
57.97%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Ireland from Louisiana' trend measures the dollar value of goods and services exported from the U.S. state of Louisiana to Ireland. This metric is closely watched by economists and policymakers to gauge Louisiana's international trade relationships 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
The 'Value of Exports to Ireland from Louisiana' represents the monetary value of all physical goods, services, and intellectual property that are sent from Louisiana to Ireland through international trade channels. This data point is an important indicator of Louisiana's export market diversification, competitiveness, and overall economic health.
Methodology
The data is collected through surveys of Louisiana-based businesses and analyzed by the U.S. Census Bureau.
Historical Context
This export value trend is used by policymakers, trade organizations, and economic analysts to monitor Louisiana's economic ties with key international markets.
Key Facts
- Louisiana exported $XXX million in goods and services to Ireland in the most recent year.
- The value of Louisiana's exports to Ireland has increased/decreased by YY% over the past 5 years.
- Ireland is Louisiana's Xth largest export market globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Louisiana to Ireland in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This export value trend is an important indicator of Louisiana's international trade relationships and economic health, as Ireland is a key export market for the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Louisiana-based businesses and analyzed by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, trade organizations, and economic analysts use this export value trend to monitor Louisiana's economic ties with Ireland and inform trade policy decisions.
Q: Are there update delays or limitations?
A: There may be a 2-3 month delay in reporting the latest export value data from Louisiana to Ireland.
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Citation
U.S. Federal Reserve, Value of Exports to Ireland from Louisiana (LAIRLA052SCEN), retrieved from FRED.