Number of Identified Exporters to Australia from Maine
MEAUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.00
Year-over-Year Change
11.76%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Australia from Maine' tracks the count of companies located in Maine that export goods to Australia. This metric is relevant for understanding trade patterns and economic integration between U.S. states and 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
This series measures the number of unique businesses based in Maine that sell their products or services to customers in Australia. It provides insight into the breadth of commercial relationships and market access for Maine-based exporters.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend can inform policy decisions around export promotion and trade agreements.
Key Facts
- Maine exported over $250 million in goods to Australia in 2021.
- The number of Maine exporters to Australia grew by 7% in the past 5 years.
- Top Maine exports to Australia include seafood, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of unique businesses located in Maine that export their products or services to customers in Australia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the breadth of trade relationships between Maine and the Australian market, which can inform policies and business strategies around export promotion and international market access.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts can use this trend to monitor state-level export activity and inform decisions around trade agreements, export promotion programs, and other policies that impact economic integration with international markets.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not fully reflect the current economic conditions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Australia from Maine (MEAUSA475SCEN), retrieved from FRED.