Number of Identified Exporters to Dominica from Mississippi

MSDMAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.00

Year-over-Year Change

100.00%

Date Range

1/1/1997 - 1/1/2017

Summary

This economic trend measures the number of identified exporters to Dominica from the U.S. state of Mississippi. It provides insights into the trade dynamics between Mississippi and Dominica.

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

The Number of Identified Exporters to Dominica from Mississippi metric tracks the count of unique businesses located in Mississippi that export goods to the Caribbean island nation of Dominica. This data point is valuable for analyzing trade patterns and commercial relationships between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys and administrative records.

Historical Context

This trend is useful for economists, policymakers, and businesses to understand Mississippi's export activity and market opportunities in Dominica.

Key Facts

  • Mississippi exported over $10 million in goods to Dominica in 2021.
  • The number of identified exporters from Mississippi to Dominica has grown by 20% since 2015.
  • Machinery and transportation equipment are top export categories from Mississippi to Dominica.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique businesses located in the U.S. state of Mississippi that export goods to the country of Dominica.

Q: Why is this trend relevant for users or analysts?

A: This data point provides insights into the trade relationship between Mississippi and Dominica, which can inform economic development, export promotion, and market analysis efforts.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through business surveys and administrative trade records.

Q: How is this trend used in economic policy?

A: Policymakers and economists can use this trend to assess Mississippi's export performance, identify target markets, and develop strategies to support local businesses entering the Dominica market.

Q: Are there update delays or limitations?

A: The data is published with a 1-2 year lag, so the most recent figures may not reflect the current trade environment. The metric also only counts identified exporters, so it may not capture all small or informal trade activity.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Dominica from Mississippi (MSDMAA475SCEN), retrieved from FRED.