Number of Identified Exporters to Madagascar from Michigan
MIMDGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
100.00%
Date Range
1/1/2002 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from the U.S. state of Michigan to the country of Madagascar. It provides insight into the commercial trade relationship between the two 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
The Number of Identified Exporters to Madagascar from Michigan is an important metric for understanding the level of economic exchange and commercial activity between Michigan and Madagascar. Economists and policymakers use this data to analyze trade patterns and cross-border business connections.
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 strength of Michigan's export economy and its integration with international markets.
Key Facts
- Michigan is the 8th largest exporting state in the U.S.
- Madagascar is a growing market for U.S. exports, particularly agricultural products.
- Export-related jobs account for over 1 million positions in Michigan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of identified exporters from the U.S. state of Michigan that ship goods and services to the country of Madagascar.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial trade relationship between Michigan and Madagascar, which is important for understanding patterns in Michigan's export economy and its integration with international markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze trade flows, inform export promotion strategies, and assess the broader economic ties between Michigan and Madagascar.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Census Bureau, but may have a short delay before being available in public databases like FRED.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Madagascar from Michigan (MIMDGA475SCEN), retrieved from FRED.