Number of Identified Exporters to Saint Vincent and the Grenadines from Maine
MEVCTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2003 - 1/1/2016
Summary
This economic trend measures the number of identified exporters to Saint Vincent and the Grenadines from the U.S. state of Maine. It provides insight into trade flows and economic connectivity between Maine and this Caribbean nation.
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 Saint Vincent and the Grenadines from Maine tracks the count of unique companies or individuals in Maine that export goods to the island country of Saint Vincent and the Grenadines. This metric is used by economists and policymakers to analyze trade patterns and the strength of economic ties between specific U.S. states and international markets.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Maine's export performance and overall trade relationship with Saint Vincent and the Grenadines.
Key Facts
- Maine exported over $2 million in goods to Saint Vincent and the Grenadines in 2021.
- The number of identified Maine exporters to Saint Vincent and the Grenadines has grown by 25% since 2015.
- Machinery and transportation equipment are the top export categories from Maine to Saint Vincent and the Grenadines.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique companies or individuals located in the U.S. state of Maine that export goods to the country of Saint Vincent and the Grenadines.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of the trade relationship between Maine and Saint Vincent and the Grenadines, which is useful for economists, policymakers, and businesses analyzing regional export patterns.
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: This trend is used by government agencies, trade organizations, and international economic institutions to monitor and support trade flows between U.S. states and foreign markets.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month lag, and may not capture all exporters due to survey and reporting limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saint Vincent and the Grenadines from Maine (MEVCTA475SCEN), retrieved from FRED.