Number of Identified Exporters to Islamic Republic of Iran from Michigan

MIIRNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.00

Year-over-Year Change

100.00%

Date Range

1/1/1992 - 1/1/2016

Summary

This economic trend measures the number of identified exporters to Iran from the U.S. state of Michigan. It provides insights into trade activity and commercial relationships between Michigan businesses and the Iranian market.

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 Islamic Republic of Iran from Michigan is a key metric used by economists and policymakers to analyze cross-border trade flows and commercial engagement between Michigan-based companies and Iranian counterparts. It serves as an indicator of evolving trade dynamics and market access.

Methodology

The data is collected through surveys and customs records by the U.S. Census Bureau.

Historical Context

This trend is relevant for assessing the impact of trade policies and sanctions on Michigan's export sector.

Key Facts

  • Michigan is a major exporting state in the U.S.
  • Exports to Iran from Michigan have fluctuated over time due to policy changes.
  • Tracking exporter numbers helps monitor the impact of trade restrictions.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of identified exporters based in the U.S. state of Michigan that export goods and services to the Islamic Republic of Iran.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insight into the commercial relationships and trade dynamics between Michigan businesses and the Iranian market, which is useful for economists, policymakers, and market analysts.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys and customs records.

Q: How is this trend used in economic policy?

A: This trend is used to assess the impact of trade policies and sanctions on Michigan's export sector and guide decision-making around commercial engagement with Iran.

Q: Are there update delays or limitations?

A: There may be delays in data reporting, and the trend may not capture all exporters due to limitations in survey coverage or reporting.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Islamic Republic of Iran from Michigan (MIIRNA475SCEN), retrieved from FRED.