Number of Identified Exporters to Mali from Michigan
MIMLIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Number of Identified Exporters to Mali from Michigan' metric tracks the total count of unique companies based in Michigan that reported exporting goods to Mali over a given period.
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 series provides insight into the trade dynamics between Michigan and the West African nation of Mali. It offers economists and policymakers a lens into the level of commercial engagement and business opportunities between the two regions.
Methodology
The data is collected through surveys of Michigan-based companies and exporters.
Historical Context
Analyzing trends in this metric can inform trade policy decisions and investment strategies.
Key Facts
- Michigan is a major U.S. exporting state.
- Mali is an emerging market in West Africa.
- Exporter counts can signal economic opportunities.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of unique companies based in Michigan that reported exporting goods to Mali over a given period.
Q: Why is this trend relevant for users or analysts?
A: Monitoring exporter counts can provide insights into trade dynamics and commercial engagement between Michigan and Mali, informing economic policy and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Michigan-based companies and exporters.
Q: How is this trend used in economic policy?
A: Analysts and policymakers can use this metric to assess trade patterns and identify opportunities to expand commercial ties between Michigan and Mali.
Q: Are there update delays or limitations?
A: The data may be subject to collection and reporting lags, and the survey methodology could miss some smaller or informal exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Mali from Michigan (MIMLIA475SCEN), retrieved from FRED.