Value of Exports to Guadeloupe from Michigan
MIGLPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,342,242.00
Year-over-Year Change
865.23%
Date Range
1/1/2003 - 1/1/2016
Summary
The 'Value of Exports to Guadeloupe from Michigan' series tracks the total value of goods exported from the U.S. state of Michigan to the French overseas territory of Guadeloupe. This measure provides insights into Michigan's trade relationship with this Caribbean destination.
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 indicator represents the dollar value of physical merchandise exported from Michigan businesses and producers to Guadeloupe, a key trading partner in the Caribbean region. The data is used by economists and policymakers to analyze Michigan's export activity and competitiveness in international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Monitoring state-level export trends is important for understanding regional economic conditions and informing trade policies.
Key Facts
- Michigan is a major exporting state in the U.S.
- Guadeloupe is a French territory in the Caribbean Sea.
- Export values can fluctuate due to exchange rates and global demand.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of physical goods exported from the U.S. state of Michigan to the Caribbean territory of Guadeloupe.
Q: Why is this trend relevant for users or analysts?
A: Monitoring state-level export data provides insights into regional economic conditions and trade relationships that are important for policymakers and businesses.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Export data at the state level is used by economists and institutions to analyze regional trade dynamics and inform policies affecting international commerce.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series may not capture all informal or unrecorded trade activity.
Related Trends
Number of Identified Exporters to Guadeloupe from Nebraska
NEGLPA475SCEN
Value of Exports to Guadeloupe from Illinois
ILGLPA052SCEN
Number of Identified Exporters to Guadeloupe from Florida
FLGLPA475SCEN
Number of Identified Exporters to Guadeloupe from New Hampshire
NHGLPA475SCEN
Value of Exports to Guadeloupe from Virginia
VAGLPA052SCEN
Value of Exports to Guadeloupe from Minnesota
MNGLPA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Guadeloupe from Michigan (MIGLPA052SCEN), retrieved from FRED.