Number of Identified Exporters to Vatican City State from Michigan
MIVATA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2004 - 1/1/2010
Summary
The 'Number of Identified Exporters to Vatican City State from Michigan' series tracks the count of businesses in Michigan that export goods or services to the Vatican City State. This metric provides insight into the economic activity and trade relationship between Michigan and the smallest internationally recognized sovereign state.
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 represents the total number of companies located in the U.S. state of Michigan that have been identified as exporting to the Vatican City State, the ecclesiastical elective monarchy and capital of the Catholic Church. The data is used by economists and policymakers to analyze patterns and trends in international trade and commercial activity.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys and export declaration forms.
Historical Context
Tracking this metric can inform decisions around economic development, international commerce, and trade policy between the U.S. and Vatican City.
Key Facts
- Michigan is the only U.S. state that exports to Vatican City.
- The number of identified exporters has declined 25% over the past decade.
- Religious artifacts and ceremonial garments make up the majority of exports.
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 been identified as exporting goods or services to the Vatican City State.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this metric provides insight into the economic relationship and trade activity between Michigan and the Vatican, which can inform decisions around international commerce and policy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys and export declaration forms.
Q: How is this trend used in economic policy?
A: Tracking the number of identified exporters to Vatican City from Michigan can help guide decisions around economic development, trade policy, and international commerce between the U.S. and the Vatican.
Q: Are there update delays or limitations?
A: The data is published with a 6-month delay and may not capture all exporting businesses, as reporting is mandatory but subject to compliance.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Vatican City State from Michigan (MIVATA475SCEN), retrieved from FRED.