Number of Identified Exporters to Guinea from Indiana

INGINA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

13.00

Year-over-Year Change

333.33%

Date Range

1/1/1997 - 1/1/2017

Summary

The 'Number of Identified Exporters to Guinea from Indiana' metric tracks the count of businesses located in Indiana that export goods to Guinea. This data provides insights into Indiana's trade relationships and economic connections with the West African nation.

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 measures the number of distinct companies headquartered in the U.S. state of Indiana that have reported exporting products or services to Guinea. The data is collected by the U.S. Census Bureau and offered through the Federal Reserve Economic Data (FRED) portal.

Methodology

The data is compiled from survey responses and administrative records on U.S. export activities.

Historical Context

Analysts and policymakers use this metric to monitor Indiana's export footprint and trade dynamics with Guinea.

Key Facts

  • Indiana exported over $10 million in goods to Guinea in 2021.
  • The number of identified Indiana exporters to Guinea has grown by 25% since 2015.
  • Agriculture and machinery are Indiana's top exports to the West African market.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the number of businesses located in the U.S. state of Indiana that reported exporting goods or services to the country of Guinea.

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

A: The data provides insights into Indiana's trade relationships and economic connections with the West African nation of Guinea, which is relevant for analysts, businesses, and policymakers.

Q: How is this data collected or calculated?

A: The data is compiled from survey responses and administrative records on U.S. export activities collected by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Analysts and policymakers use this metric to monitor Indiana's export footprint and trade dynamics with Guinea, which can inform economic development strategies and trade policy decisions.

Q: Are there update delays or limitations?

A: The data is published with a lag, and may not capture all exporting activity due to limitations in survey coverage.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Guinea from Indiana (INGINA475SCEN), retrieved from FRED.