Number of Identified Exporters to Bulgaria from Illinois

ILBGRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

140.00

Year-over-Year Change

52.17%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Bulgaria from Illinois' tracks the count of businesses based in Illinois that export goods to Bulgaria. This measure provides insight into trade flows and economic integration 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

This series represents the total number of individual exporting establishments located in Illinois that ship goods to Bulgaria. It is a useful indicator of the scale and diversity of trade relationships between the state and this foreign market.

Methodology

The data is collected through surveys of U.S. exporters by the U.S. Census Bureau.

Historical Context

Policymakers and trade analysts use this metric to monitor the health of Illinois' export economy.

Key Facts

  • Illinois exported $X.X billion in goods to Bulgaria in the latest year.
  • There were Y total exporting establishments based in Illinois.
  • Exports to Bulgaria account for Z% of Illinois' total export value.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the number of individual businesses located in Illinois that export goods to Bulgaria. It provides a count of the exporting establishments rather than the total export value.

Q: Why is this trend relevant for users or analysts?

A: This data point is useful for understanding the scale and diversity of trade relationships between Illinois and Bulgaria. It offers insights into the health and competitiveness of Illinois' export economy.

Q: How is this data collected or calculated?

A: The data is collected through surveys of U.S. exporters conducted by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to monitor trends in Illinois' export economy and assess the state's integration with foreign markets like Bulgaria.

Q: Are there update delays or limitations?

A: There may be several months of delay between the reference period and data publication. The metric also only captures formally identified exporting establishments, potentially excluding some smaller or informal exporters.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Bulgaria from Illinois (ILBGRA475SCEN), retrieved from FRED.