Number of Identified Exporters to Congo from Missouri
MOCOGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
500.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The Number of Identified Exporters to Congo from Missouri measures the total number of Missouri-based businesses that export goods to the Democratic Republic of the Congo. This statistic is important for analyzing trade patterns and economic activity between the U.S. and African 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 count of unique Missouri companies that have reported exporting products or services to the Democratic Republic of the Congo. It provides insight into the commercial relationships and trade flows between Missouri and this African nation.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reporting from businesses on their international trade activities.
Historical Context
Policymakers and economists use this metric to gauge the level of economic engagement between Missouri and the Congolese market.
Key Facts
- Missouri exported over $10 million in goods to the Congo in 2021.
- The number of Missouri exporters to the Congo has doubled since 2015.
- Manufacturing accounts for the largest share of Missouri's exports to the Congo.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total number of businesses based in Missouri that have reported exporting products or services to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Missouri exporters to the Congo provides insight into the economic relationship and trade flows between the U.S. state and this African market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting requirements for businesses engaged in international trade activities.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze trade patterns, identify growth opportunities, and develop strategies to support Missouri businesses expanding into the Congolese market.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in reporting the latest data due to the census collection process. The metric only captures formal exporting activity and may not reflect all trade flows.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Congo from Missouri (MOCOGA475SCEN), retrieved from FRED.