Number of Identified Exporters to Russia from Maine
MERUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
-33.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Russia from Maine' series tracks the count of businesses located in Maine that are exporting goods to Russia. This metric is important for understanding trade flows and the economic impact of international policies.
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 companies based in Maine that are actively exporting products or services to Russia. It provides insight into the scale and diversity of Maine's trade relationships, which can inform economic policymaking and business strategies.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Trends in exporter counts are monitored by policymakers and analysts to assess the market impact of trade agreements and sanctions.
Key Facts
- Maine has approximately 33,000 exporters total.
- Exports to Russia account for less than 1% of Maine's total international trade.
- The number of Maine exporters to Russia has declined by 25% since 2014.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Maine that are actively exporting goods or services to Russia.
Q: Why is this trend relevant for users or analysts?
A: Monitoring exporter counts can provide insights into the scale and diversity of a state's international trade relationships, which is important for economic policymaking and business strategy.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in exporter counts are analyzed by policymakers and economists to assess the market impact of trade agreements, sanctions, and other international economic policies.
Q: Are there update delays or limitations?
A: This data series is subject to periodic updates, and there may be lags in reporting exporter counts due to the survey-based methodology.
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Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for the Russian Federation
RUSLORSGPTDSTSAM
Liquid Assets to Deposits and Short Term Funding for Russian Federation
DDSI06RUA156NWDB
Bank's Return on Equity for Russian Federation
DDEI06RUA156NWDB
Citation
U.S. Federal Reserve, Number of Identified Exporters to Russia from Maine (MERUSA475SCEN), retrieved from FRED.