Number of Identified Exporters to Namibia from Michigan
MINAMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
500.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Namibia from Michigan' trend measures the count of Michigan-based companies that export goods to Namibia. This metric provides insight into the trade relationship between Michigan and the African nation.
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 tracks the number of distinct exporting firms located in the U.S. state of Michigan that have shipped goods to Namibia. It serves as an indicator of the commercial ties and export activity between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through its Exporter Database.
Historical Context
Policymakers and trade analysts use this metric to assess Michigan's export performance and commercial integration with the Namibian market.
Key Facts
- Michigan exported $X.XX million in goods to Namibia in the latest year.
- The number of identified Michigan exporters to Namibia has increased/decreased by Y% over the past Z years.
- Namibia ranks Nth among Michigan's export destinations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of distinct companies based in the U.S. state of Michigan that have exported goods to Namibia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between Michigan and Namibia, which is useful for policymakers, economists, and businesses analyzing regional export activity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its Exporter Database, which tracks the shipment of goods from individual U.S. companies to international destinations.
Q: How is this trend used in economic policy?
A: Governments and trade organizations use this metric to evaluate Michigan's export performance, identify target markets, and inform policies supporting the state's international trade and business development.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in the availability of the latest data due to the time required for collection and publication by the Census Bureau.
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Net Issues of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Namibia
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Namibia from Michigan (MINAMA475SCEN), retrieved from FRED.