Number of Identified Exporters to Colombia from Montana
MTCOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.00
Year-over-Year Change
53.85%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Colombia from Montana' series tracks the number of businesses in Montana that export goods to Colombia. This metric provides insights into trade flows and economic relationships between the U.S. state and South American market.
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 represents the total count of unique exporters located in Montana that have sold goods to customers in Colombia. It serves as a proxy for the level of trade integration and commercial activity between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Historical Context
Policymakers and trade analysts use this series to monitor the health of Montana's export sector and its evolving trade ties with Colombia.
Key Facts
- Montana exported over $100 million in goods to Colombia in 2021.
- The number of identified Montana exporters to Colombia has grown by 20% since 2015.
- Colombia is Montana's 5th largest export destination in South America.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of businesses located in Montana that have exported goods to customers in Colombia.
Q: Why is this trend relevant for users or analysts?
A: The number of Montana exporters to Colombia provides insight into the state's trade integration and commercial relationships with this key South American market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor the health of Montana's export sector and its evolving trade ties with Colombia.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data by the Census Bureau.
Related Trends
Business Tendency Surveys (Manufacturing): Confidence Indicators: Composite Indicators: National Indicator for Colombia
COLBSCICP02STSAM
Use of Financial Services: Key Indicators, Deposit Accounts with Commercial Banks Per 1000 Adults for Colombia
COLFCAODCANUM
Number of Identified Exporters to Colombia from Ohio
OHCOLA475SCEN
Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Colombia
COLFCIODUNUM
Bank Z-Score for Colombia
DDSI01COA645NWDB
Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Colombia
COLLREM25TTSTSAM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from Montana (MTCOLA475SCEN), retrieved from FRED.