Number of Identified Exporters to India from Minnesota
MNINDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
516.00
Year-over-Year Change
54.95%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to India from Minnesota trend measures the count of companies located in Minnesota that export goods to India. This metric is important for policymakers and economists to assess Minnesota's trade relationships and economic integration with international markets.
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 businesses based in Minnesota that are actively exporting products to India. It provides insight into the scale and diversity of Minnesota's export activities, which are a key driver of economic growth and competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.
Historical Context
Policymakers and trade analysts use this metric to inform decisions around export promotion, trade agreements, and support for Minnesota companies seeking to expand international sales.
Key Facts
- Minnesota is one of the top 10 exporting states in the U.S.
- India is Minnesota's 6th largest export market globally.
- Exports support over 300,000 jobs in Minnesota.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of companies located in Minnesota that are actively exporting goods to India.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into Minnesota's trade relationships and economic integration with international markets, which is crucial for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to inform decisions around export promotion, trade agreements, and support for Minnesota companies seeking to expand international sales.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and potential limitations of the U.S. Census Bureau's business surveys.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to India from Minnesota (MNINDA475SCEN), retrieved from FRED.