Number of Identified Exporters to Romania from Michigan
MIROUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.00
Year-over-Year Change
154.55%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Romania from Michigan tracks the count of businesses in Michigan that export goods to Romania. This metric 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
This series measures the number of unique exporters located in the U.S. state of Michigan that have reported sales to Romania. It offers a proxy for the level of export activity and economic integration between the two markets.
Methodology
The data is collected through mandatory business reporting to U.S. government statistical agencies.
Historical Context
Policymakers and economists use this metric to monitor the health of U.S. export sectors and regional trade dynamics.
Key Facts
- Michigan is a major U.S. exporting state.
- Romania is an emerging market for U.S. exports.
- Exporter counts can signal changes in trade patterns.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in the U.S. state of Michigan that have reported exports to Romania.
Q: Why is this trend relevant for users or analysts?
A: The exporter count provides insight into the scale and dynamics of the trade relationship between Michigan and Romania, which is useful for policymakers and economists analyzing regional export activity.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting by U.S. businesses to government statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to monitor the health of export sectors and evaluate the impacts of trade policies on regional economies.
Q: Are there update delays or limitations?
A: There may be lags in reporting and publication of this data by statistical agencies.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Romania from Michigan (MIROUA475SCEN), retrieved from FRED.