Number of Identified Exporters to the Plurinational State of Bolivia from Michigan
MIBOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.00
Year-over-Year Change
177.78%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the number of identified exporters to Bolivia from the U.S. state of Michigan. It provides insight into trade flows and economic connections between Michigan and Bolivia.
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 the Plurinational State of Bolivia from Michigan metric tracks the count of unique businesses located in Michigan that export goods to Bolivia. This data point is used by economists and policymakers to analyze trade patterns and the strength of economic relationships between specific U.S. states and foreign markets.
Methodology
This data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
The exporter count is relevant for understanding Michigan's export economy and its trade ties with Bolivia.
Key Facts
- Michigan is a major manufacturing hub in the U.S.
- Bolivia is a growing market for U.S. exports.
- Trade data helps identify economic opportunities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of Michigan that export goods to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: The exporter count provides insight into the strength of economic ties between Michigan and Bolivia, which is useful for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: This metric can inform trade policy, investment decisions, and strategies to expand market access for Michigan businesses in Bolivia.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only captures formally identified exporters, not all trade activity.
Related Trends
Gross Domestic Product in U.S. Dollars for Bolivia
BOLNGDPD
Bank's Net Interest Margin for the Plurinational State of Bolivia
DDEI01BOA156NWDB
Value of Exports to the Plurinational State of Bolivia from Colorado
COBOLA052SCEN
Use of Financial Services: Key Indicators, Deposit Accounts with Commercial Banks Per 1000 Adults for Bolivia
BOLFCAODCANUM
Bank's Cost to Income Ratio for the Plurinational State of Bolivia
DDEI07BOA156NWDB
Use of Financial Services: Number of Loan Accounts at Commercial Banks for Bolivia
BOLFCNODCNUM
Citation
U.S. Federal Reserve, Number of Identified Exporters to the Plurinational State of Bolivia from Michigan (MIBOLA475SCEN), retrieved from FRED.