Number of Identified Exporters to Greenland from Maine

MEGRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/1997 - 1/1/2015

Summary

This economic trend measures the number of businesses identified as exporting goods from the U.S. state of Maine to the country of Greenland. It provides insight into commercial trade flows between these two regions.

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 Greenland from Maine series tracks the count of enterprises located in Maine that are reported as selling products or services to Greenland. This metric can signal changes in the intensity of trade and commercial relationships between the two areas.

Methodology

The data is collected through surveys and administrative records by the U.S. Census Bureau.

Historical Context

Analysts and policymakers monitor this trend to understand the dynamics of Maine's export economy and its engagement with the Greenlandic market.

Key Facts

  • Maine exported $X.XX million in goods to Greenland in the latest year.
  • Exporter counts have grown/declined by Y% over the past Z years.
  • Greenland is Maine's Xth largest export market by volume.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses located in Maine that are identified as exporting goods or services to Greenland.

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

A: This metric provides insight into the commercial and trade relationship between Maine and Greenland, which can inform economic policy and business strategy decisions.

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 analysts monitor this trend to understand Maine's export dynamics and engagement with the Greenlandic market.

Q: Are there update delays or limitations?

A: There may be lags of several months in the availability of the latest data due to survey collection and processing timelines.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Greenland from Maine (MEGRLA475SCEN), retrieved from FRED.