Number of Identified Exporters to Gambia from Illinois

ILGMBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.00

Year-over-Year Change

0.00%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Gambia from Illinois' trend measures the count of businesses and individuals located in Illinois that export goods or services to Gambia. This metric provides insight into the trade relationship between Illinois and the West African country.

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 number of distinct exporters from Illinois to Gambia, as identified by the U.S. Census Bureau. It is an important indicator of the commercial ties and economic interdependence between the two regions.

Methodology

The data is collected through mandatory reporting by U.S. exporters on customs documentation.

Historical Context

Policymakers and trade analysts use this metric to monitor changes in Illinois-Gambia commercial activity and inform strategies for fostering economic cooperation.

Key Facts

  • Illinois is a major exporting state in the U.S.
  • Gambia is a growing market for Illinois exports.
  • Exporter counts can fluctuate due to economic conditions.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses and individuals located in Illinois that export goods or services to Gambia.

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

A: This metric provides insight into the trade relationship between Illinois and Gambia, which is useful for policymakers and trade analysts.

Q: How is this data collected or calculated?

A: The data is collected through mandatory reporting by U.S. exporters on customs documentation.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to monitor changes in Illinois-Gambia commercial activity and inform strategies for fostering economic cooperation.

Q: Are there update delays or limitations?

A: The data may be subject to update delays due to the time required for collection and processing of customs documentation.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Gambia from Illinois (ILGMBA475SCEN), retrieved from FRED.