Number of Identified Exporters to Peru from Illinois
ILPERA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
729.00
Year-over-Year Change
89.35%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Peru from Illinois' trend measures the count of businesses located in Illinois that export goods to Peru. This metric is useful for analyzing trade patterns and the competitiveness of Illinois exporters in the Peruvian market.
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 data series tracks the number of exporters from Illinois selling to Peru. It provides insights into the depth and diversification of trade relationships between the state and this major South American economy. Policymakers and businesses can use this information to identify opportunities and challenges for Illinois companies in the Peruvian market.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys and customs declarations.
Historical Context
This trend is relevant for trade policy analysis, market intelligence, and economic development strategies.
Key Facts
- Illinois is the 5th largest exporting state in the U.S.
- Peru is Illinois' 34th largest export destination globally.
- Exports to Peru support over 7,000 jobs in Illinois.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Illinois that export goods to Peru. It provides insights into the depth and diversity of trade relationships between Illinois and Peru.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for policymakers, businesses, and economic analysts to understand trade patterns, identify market opportunities, and assess the competitiveness of Illinois exporters in the Peruvian market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: This trend informs trade policy analysis, market intelligence, and economic development strategies for state and federal institutions.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag by the U.S. Census Bureau. There may be limitations in capturing all small or informal exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Peru from Illinois (ILPERA475SCEN), retrieved from FRED.