Value of Exports to Montserrat from Illinois
ILMSRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55,681.00
Year-over-Year Change
60.05%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Montserrat from Illinois' trend measures the total value of goods exported from the state of Illinois to the island nation of Montserrat. This data provides insights into trade flows and economic relationships between Illinois and Montserrat.
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 economic indicator tracks the dollar value of physical goods, excluding services, that are exported from Illinois to the Caribbean island of Montserrat. The data is useful for analyzing regional trade patterns and assessing the commercial ties between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Policymakers and trade analysts use this information to monitor the health of Illinois' export sector and its commercial links with overseas markets.
Key Facts
- Illinois is a major U.S. exporting state.
- Montserrat is a small Caribbean island nation.
- Trade between Illinois and Montserrat is relatively low.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical goods exported from the state of Illinois to the island nation of Montserrat.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade flows and economic relationship between Illinois and Montserrat, which is useful for analyzing regional trade patterns and assessing commercial ties between the two economies.
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 declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this information to monitor the health of Illinois' export sector and its commercial links with overseas markets.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations due to the relatively low trade volume between Illinois and Montserrat.
Related Trends
Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Montserrat
MSRFCIOFMNUM
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Montserrat
MSRFCBODCNUM
Number of Identified Exporters to Montserrat from Idaho
IDMSRA475SCEN
Number of Identified Exporters to Montserrat from Puerto Rico
PRMSRA475SCEN
Value of Exports to Montserrat from Pennsylvania
PAMSRA052SCEN
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Montserrat
MSRFCLODCHXDC
Citation
U.S. Federal Reserve, Value of Exports to Montserrat from Illinois (ILMSRA052SCEN), retrieved from FRED.