Number of Identified Exporters to Gambia from Minnesota
MNGMBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
100.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Gambia from Minnesota' trend measures the count of Minnesota-based companies that export goods and services to Gambia, providing insights into trade dynamics 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 economic indicator tracks the number of Minnesota-based businesses that are identified as exporting to the West African nation of Gambia. It offers a window into the commercial relationships and trade flows between Minnesota and Gambia's economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Minnesota companies.
Historical Context
Policymakers and trade analysts use this metric to monitor changes in export activity and commercial ties between Minnesota and Gambia.
Key Facts
- Minnesota is a major exporting state in the United States.
- Gambia is a small West African country with a growing economy.
- Trade between Minnesota and Gambia has fluctuated in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies based in Minnesota that are identified as exporting goods or services to Gambia.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of identified exporters provides insights into the trade dynamics and commercial relationships between Minnesota and Gambia's economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Minnesota businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor changes in export activity and commercial ties between Minnesota and Gambia.
Q: Are there update delays or limitations?
A: The data may have a lag in reporting and may not capture all exporting activity between the two regions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Gambia from Minnesota (MNGMBA475SCEN), retrieved from FRED.