Number of Identified Exporters to Saint Pierre and Miquelon from Illinois

ILSPMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2010 - 1/1/2015

Summary

This economic trend measures the number of businesses identified as exporters from the U.S. state of Illinois to the overseas territory of Saint Pierre and Miquelon. It provides insight into trade flows and the engagement of Illinois firms in international 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

The Number of Identified Exporters to Saint Pierre and Miquelon from Illinois is a metric that tracks the total count of businesses located in Illinois that have been recognized as exporters to the nearby French collectivity of Saint Pierre and Miquelon. This data point is useful for analyzing the export activity and trade patterns of Illinois companies.

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 policymakers, trade analysts, and economists studying regional economic development and international trade flows.

Key Facts

  • Illinois is the 5th largest exporting state in the U.S.
  • Saint Pierre and Miquelon is a French overseas territory near Newfoundland, Canada.
  • Exports contribute over $60 billion annually to Illinois' economy.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of businesses located in the U.S. state of Illinois that have been identified as exporters to the nearby French territory of Saint Pierre and Miquelon.

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

A: This data point provides insight into the trade relationship between Illinois and Saint Pierre and Miquelon, which can inform economic development strategies and policies.

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 is relevant for policymakers, trade analysts, and economists studying regional economic development and international trade flows.

Q: Are there update delays or limitations?

A: The data may be subject to reporting lags and may not capture all exporting activity due to the small scale of trade with Saint Pierre and Miquelon.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Saint Pierre and Miquelon from Illinois (ILSPMA475SCEN), retrieved from FRED.