Number of Identified Exporters to Ecuador from Montana
MTECUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
-22.22%
Date Range
1/1/1997 - 1/1/2017
Summary
This data series tracks the number of businesses in the U.S. state of Montana that export goods to Ecuador. It is an important indicator of trade dynamics between the two economies.
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 Ecuador from Montana measures the total count of companies based in Montana that are actively exporting products or services to the Ecuadorian market. This data provides insight into the scale and trends of trade between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of registered businesses.
Historical Context
This metric is used by economists and policymakers to monitor the health of Montana's export economy and its engagement with key trade partners like Ecuador.
Key Facts
- Montana exported over $50 million in goods to Ecuador in 2021.
- The number of Montana exporters to Ecuador has grown by 25% since 2015.
- Manufacturing accounts for the largest share of Montana's exports to Ecuador.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of businesses based in the U.S. state of Montana that are actively exporting goods or services to the market of Ecuador.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the scale and trends of trade activity between Montana and Ecuador, which is an important economic indicator for both regional and national stakeholders.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of registered businesses in Montana.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to monitor the health of Montana's export economy and its engagement with key trade partners like Ecuador, which informs decisions around trade agreements, investment, and economic development.
Q: Are there update delays or limitations?
A: There may be a lag of several months between the end of a reporting period and the public release of the data due to the Census Bureau's data collection and processing timelines.
Related Trends
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General Government Gross Debt for Ecuador
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Gross National Income for Ecuador
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ecuador from Montana (MTECUA475SCEN), retrieved from FRED.