Value of Exports to United Kingdom from Montana
MTGBRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23,445,937.00
Year-over-Year Change
5.48%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to United Kingdom from Montana' series measures the total value of goods and services exported from the state of Montana to the United Kingdom. This trend is a key indicator of trade activity and economic integration between the two regions.
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 data series represents the value of all merchandise and services exported from Montana to the United Kingdom. It is used by economists, policymakers, and businesses to assess the strength of trade ties and Montana's export performance in a major foreign market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
This metric is important for understanding Montana's export economy and can inform trade negotiations and policies.
Key Facts
- Montana exported $114 million worth of goods and services to the UK in 2021.
- The UK is Montana's 6th largest export market.
- Exports to the UK account for 3.5% of Montana's total exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of Montana to the United Kingdom.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Montana's export economy and can inform trade negotiations and policies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and businesses to assess the strength of trade ties and Montana's export performance in a major foreign market.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Census Bureau, but may have a short delay from the reference period.
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Citation
U.S. Federal Reserve, Value of Exports to United Kingdom from Montana (MTGBRA052SCEN), retrieved from FRED.