Value of Exports to Fiji from Michigan
MIFJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
772,819.00
Year-over-Year Change
717.22%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Fiji from Michigan' measures the total dollar value of goods and services exported from the U.S. state of Michigan to the South Pacific island nation of Fiji. This metric is useful for analyzing trade patterns and economic ties between specific regions.
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 economic series tracks the flow of exports from the state of Michigan to Fiji over time. It provides insight into the commercial relationship and interdependencies between these two economies, which can inform policymakers and business decision-makers.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state-level exports program.
Historical Context
Trends in this metric are monitored by trade organizations, economists, and government agencies to understand evolving trade dynamics.
Key Facts
- Michigan is a major exporting state in the U.S.
- Fiji is a small island nation in the South Pacific.
- Trade with Fiji accounts for a small fraction of Michigan's total exports.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of goods and services exported from the U.S. state of Michigan to the country of Fiji.
Q: Why is this trend relevant for users or analysts?
A: Tracking exports from specific states to foreign countries provides insight into regional trade patterns and economic relationships that can inform policy and business decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state-level exports program.
Q: How is this trend used in economic policy?
A: Trends in this metric are monitored by trade organizations, economists, and government agencies to understand evolving trade dynamics and make informed policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be some delays in reporting due to the complexities of trade data collection.
Related Trends
Use of Financial Services: Key Indicators, Value of Mobile Money Transactions During the Reference Year for Fiji
FJIFCMTVGGDPPT
Use of Financial Services: Number of Loan Accounts at Other Deposit Takers for Fiji
FJIFCNODDNUM
Use of Financial Services: Number of Loan Accounts for Small and Medium Enterprises at Other Deposit Takers for Fiji
FJIFCNODDSNUM
Bank's Overhead Costs to Total Assets for Fiji
DDEI04FJA156NWDB
Bank Deposits to GDP for Fiji
DDOI02FJA156NWDB
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Fiji
FJIFCBMNUM
Citation
U.S. Federal Reserve, Value of Exports to Fiji from Michigan (MIFJIA052SCEN), retrieved from FRED.