Number of Identified Exporters to Spain from Maryland
MDESPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
193.00
Year-over-Year Change
-3.98%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Spain from Maryland' metric tracks the count of businesses in Maryland that export goods to Spain. This data provides insights into the trade relationship between Maryland and Spain.
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 exporters from the state of Maryland that sell goods to Spain. The data is used by economists and policymakers to analyze trade patterns and the economic connections between Maryland and the Spanish market.
Methodology
The data is collected through surveys of Maryland businesses and compiled by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Maryland's export activity and the state's role in U.S.-Spain trade.
Key Facts
- Maryland exported $651 million in goods to Spain in 2021.
- The number of identified exporters from Maryland to Spain has increased by 12% since 2015.
- Chemical products make up the largest share of Maryland's exports to Spain.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the state of Maryland that export goods to Spain.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Maryland's trade relationship with Spain, which is an important economic partner for the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Maryland businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze trade patterns and the economic connections between Maryland and the Spanish market.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in reporting due to the survey collection process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Spain from Maryland (MDESPA475SCEN), retrieved from FRED.