Value of Exports to French Polynesia from Illinois
ILPYFA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,382,267.00
Year-over-Year Change
34.34%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to French Polynesia from Illinois' trend measures the total value of goods and services exported from the U.S. state of Illinois to the overseas territory of French Polynesia. This metric is important for understanding Illinois' trade relationships and economic connections with remote Pacific markets.
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 tracks the dollar value of all merchandise and services that are transported from Illinois to French Polynesia. It provides insight into the commercial exchange between the two locations and can indicate the strength of economic ties between the U.S. state and this overseas French territory.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Historical Context
Policymakers and economists use this trend to assess Illinois' trade dynamics and integration with global markets.
Key Facts
- Illinois is the 5th largest exporting state in the U.S.
- French Polynesia is a French overseas territory in the South Pacific
- Exports to French Polynesia make up a small fraction of Illinois' total exports
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Illinois to the French territory of French Polynesia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Illinois' trade relationships and economic connections with remote Pacific markets, which is valuable information for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess Illinois' trade dynamics and integration with global markets.
Q: Are there update delays or limitations?
A: There may be delays in reporting the latest data, and the value of exports to French Polynesia likely represents a small fraction of Illinois' overall trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to French Polynesia from Illinois (ILPYFA052SCEN), retrieved from FRED.