Number of Identified Exporters to Morocco from Michigan

MIMARA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

31.00

Year-over-Year Change

24.00%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend measures the number of exporters from the U.S. state of Michigan to Morocco. It provides insights into the trade relationship and economic connections between Michigan and the Moroccan 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 Morocco from Michigan is a data series that tracks the total number of businesses located in Michigan that are exporting goods or services to Morocco. This metric is used by economists and policymakers to analyze the strength of trade flows and commercial ties between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and administrative trade records.

Historical Context

This trend is relevant for understanding Michigan's export activity and competitiveness in the Moroccan market, which can inform economic development strategies and trade policies.

Key Facts

  • Michigan is a major exporting state in the U.S.
  • Morocco is an important trade partner for many U.S. states
  • Exporting firms can drive economic growth and job creation

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of businesses located in the U.S. state of Michigan that are exporting goods or services to Morocco.

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

A: This metric provides insights into the strength of the trade relationship between Michigan and Morocco, which is important for understanding regional economic performance and informing policy decisions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and administrative trade records.

Q: How is this trend used in economic policy?

A: This trend can inform economic development strategies, trade policies, and assessments of Michigan's export competitiveness in the Moroccan market.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the metric only captures formal, identified exporters, which may exclude some smaller or informal trading activity.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Morocco from Michigan (MIMARA475SCEN), retrieved from FRED.