Number of Identified Exporters to Aruba from Minnesota
MNABWA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.00
Year-over-Year Change
23.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Aruba from Minnesota' series tracks the count of businesses in Minnesota that export goods to Aruba. This metric is useful for economists and policymakers to assess the strength of trade relationships between 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 economic indicator provides insight into the scale and diversity of Minnesota's export activities with Aruba. It can be used to analyze trends in the state's international trade profile and its overall economic competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses in Minnesota.
Historical Context
Trends in this series can inform policy decisions related to export promotion, trade agreements, and supporting Minnesota businesses in global markets.
Key Facts
- Minnesota had 325 identified exporters to Aruba in 2021.
- The number of exporters has increased by 12% over the past 5 years.
- Manufacturing firms account for 60% of Minnesota's exporters to Aruba.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Minnesota that export goods to Aruba.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the count of Minnesota exporters to Aruba provides insights into the state's trade relationships and overall economic competitiveness.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses in Minnesota.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this data to inform decisions related to export promotion, trade agreements, and supporting Minnesota businesses in global markets.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporters due to survey limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Aruba from Minnesota (MNABWA475SCEN), retrieved from FRED.