Value of Exports to Austria from Rhode Island
RIAUTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,205,355.00
Year-over-Year Change
44.50%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Rhode Island to Austria. It provides insights into trade flows and economic activity between the two regions.
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 Austria from Rhode Island' trend tracks the dollar value of goods and services exported from Rhode Island to Austria. This metric is used by economists and policymakers to analyze trade patterns, assess economic relationships, and inform decisions around international commerce.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Historical Context
This trend is relevant for understanding regional trade dynamics and informing economic policies.
Key Facts
- Rhode Island exported $123 million worth of goods to Austria in 2021.
- Exports to Austria account for 2.5% of Rhode Island's total international trade.
- The top exported products from Rhode Island to Austria are machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of exports from the U.S. state of Rhode Island to Austria. It provides insights into trade flows between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding regional trade dynamics, informing economic policies, and analyzing the commercial relationship between Rhode Island and Austria.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze trade patterns, assess economic relationships, and inform decisions around international commerce.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly or quarterly basis, with some potential for delays in reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Austria from Rhode Island (RIAUTA052SCEN), retrieved from FRED.