Value of Exports to Croatia from Michigan
MIHRVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,012,789.00
Year-over-Year Change
170.45%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Croatia from Michigan' trend measures the dollar value of goods and services exported from the U.S. state of Michigan to Croatia. This statistic is relevant for economists and policymakers analyzing trade flows and economic relationships between 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 data series represents the total value of exports originating from Michigan and destined for Croatia. It provides insight into the commercial and economic ties between the two locations, which can inform trade policy, investment decisions, and broader regional economic analysis.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state export statistics program.
Historical Context
Trends in state-level exports are closely monitored by government agencies, industry groups, and economic research institutions to assess regional trade dynamics.
Key Facts
- Michigan is a major exporting state in the U.S.
- Croatia is an important trading partner for the U.S. in Southeast Europe.
- Export values can fluctuate based on exchange rates, tariffs, and other economic factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Michigan to Croatia.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data provides insights into regional trade dynamics and economic relationships between locations, which is valuable for policymakers, businesses, and economic researchers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state export statistics program.
Q: How is this trend used in economic policy?
A: Trends in state-level exports are closely monitored by government agencies, industry groups, and economic research institutions to assess regional trade dynamics and inform trade policy decisions.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting and publication, as the statistics are compiled from various sources by government statistical agencies.
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Citation
U.S. Federal Reserve, Value of Exports to Croatia from Michigan (MIHRVA052SCEN), retrieved from FRED.