Value of Exports to Georgia from Minnesota
MNGEOA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,104,322.00
Year-over-Year Change
221.12%
Date Range
1/1/2002 - 1/1/2017
Summary
The Value of Exports to Georgia from Minnesota tracks the total value of merchandise exports from the state of Minnesota to the state of Georgia. This economic indicator provides insight into trade flows and regional 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 Georgia from Minnesota is a metric that measures the dollar value of all goods and services exported from Minnesota to the state of Georgia. It is an important indicator of the strength of economic ties and trade relationships between the two states.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This trend is closely monitored by policymakers, economists, and business leaders to assess regional economic conditions and cross-state trade patterns.
Key Facts
- Minnesota exported over $1.2 billion in goods to Georgia in 2021.
- Top export categories include machinery, electronic equipment, and agricultural products.
- Georgia is the 7th largest destination for Minnesota's exports.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Georgia from Minnesota measures the total dollar value of merchandise exported from the state of Minnesota to the state of Georgia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the strength of economic ties and trade relationships between Minnesota and Georgia, which is useful for policymakers, businesses, and economists analyzing regional economic conditions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and business leaders to assess regional economic conditions and cross-state trade patterns, which can inform decisions on trade policy, economic development, and investment.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month delay in the most recent figures becoming available.
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Citation
U.S. Federal Reserve, Value of Exports to Georgia from Minnesota (MNGEOA052SCEN), retrieved from FRED.