Number of Identified Exporters to Ethiopia from Michigan
MIETHA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
157.14%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of businesses identified as exporting from the U.S. state of Michigan to Ethiopia. It provides insights into Michigan's trade relationships and export activity with the Ethiopian 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 Ethiopia from Michigan metric tracks the count of unique companies that have reported exporting goods or services from Michigan to Ethiopia. This data helps economists and policymakers understand the scale and dynamics of Michigan's export presence in the Ethiopian economy.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend can inform trade policy decisions and business strategies related to expanding Michigan's commercial ties with Ethiopia.
Key Facts
- Michigan is a major U.S. exporting state.
- Ethiopia is an emerging market for U.S. exports.
- Tracking exporter numbers can reveal trade patterns and opportunities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses based in the U.S. state of Michigan that have been identified as exporting goods or services to Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and dynamics of Michigan's export presence in the Ethiopian market, which can inform trade policy decisions and business strategies.
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 can inform trade policy decisions and business strategies related to expanding Michigan's commercial ties with Ethiopia.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and limitations in capturing all exporting businesses, but the trend provides a useful indicator of Michigan's export activity in Ethiopia.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ethiopia from Michigan (MIETHA475SCEN), retrieved from FRED.