Number of Identified Exporters to Benin from Massachusetts
MABENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.00
Year-over-Year Change
871.43%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Benin from Massachusetts trend measures the count of businesses based in Massachusetts that export goods to Benin, a country in West Africa.
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 provides insight into the trade relationship between Massachusetts and Benin. Analysts can use this data to understand the level of economic activity and commercial ties between the two regions.
Methodology
The data is collected through surveys of Massachusetts businesses and export declarations.
Historical Context
Policymakers and international trade experts monitor this trend to assess the health of the Massachusetts-Benin trade corridor.
Key Facts
- Massachusetts is a major exporter to Benin.
- Exporter numbers have fluctuated over the past decade.
- Benin is an important trade partner for the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses based in Massachusetts that have been identified as exporting goods to Benin, a country in West Africa.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the trade relationship between Massachusetts and Benin, which is useful for policymakers, international trade experts, and businesses looking to understand regional economic activity and commercial ties.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Massachusetts businesses and export declarations.
Q: How is this trend used in economic policy?
A: Policymakers and international trade experts monitor this trend to assess the health of the Massachusetts-Benin trade corridor and inform decisions related to economic development and trade policy.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and compilation, and may not capture all exporting activity due to limitations in survey participation and declaration requirements.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Benin from Massachusetts (MABENA475SCEN), retrieved from FRED.