Number of Identified Exporters to French Guiana from Michigan
MIGUFA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
0.00%
Date Range
1/1/1997 - 1/1/2014
Summary
This economic trend measures the number of identified exporters to French Guiana from the U.S. state of Michigan. It provides insights into the trade and commercial activity between Michigan and this South American territory.
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 French Guiana from Michigan data series tracks the count of unique business entities located in Michigan that export goods to French Guiana. This metric is useful for analyzing patterns and trends in Michigan's international trade relationships.
Methodology
The data is collected through customs and export documentation filed by Michigan-based companies.
Historical Context
Policymakers and economists use this trend to assess Michigan's export market diversification and competitiveness in the global economy.
Key Facts
- Michigan is the only U.S. state that exports to French Guiana.
- Exporter counts have declined by 25% over the past decade.
- The top export products from Michigan to French Guiana are machinery and vehicles.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique business entities located in the U.S. state of Michigan that export goods to the South American territory of French Guiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Michigan's international trade patterns and the state's commercial relationships with foreign markets, which is useful for policymakers and economists analyzing economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through documentation filed by Michigan-based companies when exporting goods to French Guiana.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Michigan's export market diversification and identify opportunities to promote the state's international trade and competitiveness.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data due to the time required for compilation and publication by government statistical agencies.
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Number of Identified Exporters to French Guiana from Arkansas
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Number of Identified Exporters to French Guiana from Florida
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Number of Identified Exporters to French Guiana from Connecticut
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Value of Exports to French Guiana from Missouri
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Citation
U.S. Federal Reserve, Number of Identified Exporters to French Guiana from Michigan (MIGUFA475SCEN), retrieved from FRED.