Number of Identified Exporters to Denmark from Minnesota
MNDNKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
230.00
Year-over-Year Change
-1.71%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Denmark from Minnesota' trend measures the count of Minnesota businesses that export goods to Denmark. This data provides insights into trade patterns and Minnesota's engagement with the Danish economy.
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 unique Minnesota-based companies that have reported exporting to Denmark. It offers a quantitative view of Minnesota's export activity and economic connections with Denmark over time.
Methodology
The data is collected through surveys of U.S. exporters by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor Minnesota's export performance and integration with the Danish market.
Key Facts
- Minnesota is a top exporting state in the U.S.
- Denmark is a major trading partner for the U.S. Midwest region.
- Tracking exporter counts can indicate the diversity of a state's export base.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Minnesota that have reported exporting goods to Denmark.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Minnesota's trade relationships and export activity, which is valuable for policymakers, economists, and businesses monitoring economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to track Minnesota's export performance and engagement with the Danish market, which can inform decisions around trade, economic development, and international competitiveness.
Q: Are there update delays or limitations?
A: This data may have update lags due to the time required for data collection and processing by the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Denmark from Minnesota (MNDNKA475SCEN), retrieved from FRED.