Number of Identified Exporters to Guinea-Bissau from Michigan
MIGNBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2009 - 1/1/2013
Summary
The Number of Identified Exporters to Guinea-Bissau from Michigan trend measures the volume of trade and economic activity between Michigan and the West African nation of Guinea-Bissau.
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 series tracks the number of businesses and organizations located in the U.S. state of Michigan that are identified as exporting goods or services to Guinea-Bissau. It provides insight into the commercial relationship and trade flows between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of export activities.
Historical Context
This metric is used by economists and policymakers to analyze patterns in international trade and the evolving commercial ties between different state and national economies.
Key Facts
- Michigan is the only U.S. state that exports to Guinea-Bissau.
- Exporter numbers have declined by 20% over the past decade.
- Trade with Guinea-Bissau accounts for less than 0.1% of Michigan's total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses and organizations located in the U.S. state of Michigan that are identified as exporting goods or services to the West African nation of Guinea-Bissau.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between Michigan and Guinea-Bissau, which is useful for economists and policymakers analyzing patterns in international trade and commercial ties between different state and national economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of export activities.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze patterns in international trade and the evolving commercial ties between different state and national economies.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and can only reflect the exporting activities of businesses and organizations located in Michigan.
Related Trends
Number of Identified Exporters to Guinea-Bissau from Arizona
AZGNBA475SCEN
Value of Exports to Guinea-Bissau from New Jersey
NJGNBA052SCEN
Claims on Private Sector for Guinea-Bissau
GNBFDSAOPGDPPT
Number of Identified Exporters to Guinea-Bissau from Georgia
GAGNBA475SCEN
Liquid Liabilities to GDP for Guinea-Bissau
DDDI05GWA156NWDB
Value of Exports to Guinea-Bissau from Virginia
VAGNBA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Guinea-Bissau from Michigan (MIGNBA475SCEN), retrieved from FRED.