Value of Exports to Saint Lucia from Michigan
MILCAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
314,990.00
Year-over-Year Change
35.55%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Value of Exports to Saint Lucia from Michigan' series measures the dollar value of goods and services exported from the U.S. state of Michigan to the Caribbean island nation of Saint Lucia. This metric is important for analyzing trade flows and regional economic trends.
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 provides insights into the commercial relationship between Michigan and Saint Lucia. It reflects the demand for Michigan-sourced products and services in the Saint Lucian market, which can signal broader shifts in bilateral trade and regional economic integration.
Methodology
The data is collected through surveys of exporting businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this series to assess the health of Michigan's export sector and the state's economic linkages with the Caribbean region.
Key Facts
- Michigan is a major exporting state in the U.S.
- Saint Lucia is a small island nation in the Caribbean Sea.
- Exports support jobs and economic growth in both regions.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of goods and services exported from the U.S. state of Michigan to the Caribbean nation of Saint Lucia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial relationship between Michigan and Saint Lucia, signaling shifts in bilateral trade and regional economic integration.
Q: How is this data collected or calculated?
A: The data is collected through surveys of exporting businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to assess the health of Michigan's export sector and the state's economic linkages with the Caribbean region.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of U.S. Census Bureau trade statistics.
Related Trends
Number of Identified Exporters to Saint Lucia from Idaho
IDLCAA475SCEN
Value of Exports to Saint Lucia from Texas
TXLCAA052SCEN
Bank Lending Deposit Spread for Saint Lucia
DDEI02LCA156NWDB
Value of Exports to Saint Lucia from Colorado
COLCAA052SCEN
Liquid Liabilities (Broad Money) for Saint Lucia
DDOI07LCA648NWDB
Bank's Non-Interest Income to Total Income for Saint Lucia
DDEI03LCA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Saint Lucia from Michigan (MILCAA052SCEN), retrieved from FRED.