Number of Identified Exporters to Somalia from Maine
MESOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend tracks the number of businesses based in Maine that export goods to Somalia. It provides insights into Maine's international trade activity and engagement with the Somalian market.
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 Somalia from Maine series measures the count of unique companies located in Maine that reported exporting products or services to Somalia. This data is used by economists and policymakers to analyze Maine's export dynamics and trade relationships.
Methodology
The data is collected by the U.S. Census Bureau through business surveys and administrative records.
Historical Context
This trend is relevant for understanding Maine's export sector and overall economic engagement with the Somalian market.
Key Facts
- Maine exported goods worth $X to Somalia in the last year.
- The number of Maine exporters to Somalia has increased by Y% over the past decade.
- Somalia is one of Maine's top XX export destinations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Maine that reported exporting products or services to Somalia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Maine's international trade activity and engagement with the Somalian market, which is useful for economists and policymakers analyzing the state's export dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through business surveys and administrative records.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding Maine's export sector and overall economic engagement with the Somalian market, which can inform trade policies and strategies.
Q: Are there update delays or limitations?
A: The data may have a lag of several months between the reporting period and public release.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Somalia from Maine (MESOMA475SCEN), retrieved from FRED.