Number of Identified Exporters to Israel from Illinois
ILISRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
814.00
Year-over-Year Change
4.90%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Israel from Illinois' trend measures the count of businesses based in Illinois that export goods to Israel. This metric is valuable for assessing trade patterns and economic relationships 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 statistic tracks the number of unique Illinois-based companies that have reported exporting goods or services to Israel. It provides insight into the scale and diversity of trade activities between the state and the Middle Eastern nation.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys.
Historical Context
Policymakers and economists monitor this trend to understand Illinois' trade ties with key international markets.
Key Facts
- Illinois is a major U.S. exporting state.
- Israel is an important trade partner for the U.S. Midwest.
- Export activity supports economic growth and jobs in Illinois.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses based in Illinois that report exporting goods or services to Israel.
Q: Why is this trend relevant for users or analysts?
A: Monitoring export activity between Illinois and Israel provides insight into the economic relationship and trade flows between the two regions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to understand Illinois' trade ties with key international markets and support related economic development initiatives.
Q: Are there update delays or limitations?
A: The data may have a lag of several months due to the survey collection and reporting process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Israel from Illinois (ILISRA475SCEN), retrieved from FRED.