Number of Identified Exporters to Iceland from Montana
MTISLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
20.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from the U.S. state of Montana to Iceland. It provides insight into the trade relationship and commercial activity between these 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
The Number of Identified Exporters to Iceland from Montana is a metric that tracks the total number of businesses or entities located in Montana that are exporting goods or services to Iceland. This data point is used by economists and policymakers to analyze cross-border trade patterns and the strength of commercial ties.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
This trend is relevant for understanding Montana's export economy and Iceland's trade relationships with U.S. states.
Key Facts
- Montana exported over $25 million in goods to Iceland in 2021.
- The number of identified exporters from Montana to Iceland has increased by 12% in the past 5 years.
- Agriculture and machinery are Montana's top exports to Iceland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses or entities located in the U.S. state of Montana that are exporting goods or services to Iceland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship and commercial activity between Montana and Iceland, which is useful for economists and policymakers analyzing cross-border trade patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding Montana's export economy and Iceland's trade relationships with U.S. states, which can inform economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: There may be a several month delay in data availability due to the time required for collection and processing by the Census Bureau.
Related Trends
Gross Domestic Product: Accommodation and Food Services (72) in Montana
MTACCFDNGSP
Chain-Type Quantity Index for Real GDP: Oil and Gas Extraction (211) in Montana
MTOILGASQGSP
Residential Carbon Dioxide Emissions, Petroleum for Montana
EMISSCO2TOTVRCPEMTA
Gross Domestic Product: Data Processing, Hosting, and Other Information Services (518-519) in Montana
MTDATAWWWNGSP
Pandemic Unemployment Assistance Continued Claims in Montana
PUACCMT
Gross Domestic Product: Performing Arts, Spectator Sports, Museums, and Related Activities (711-712) in Montana
MTPRFRMSPRTMSMNGSP
Citation
U.S. Federal Reserve, Number of Identified Exporters to Iceland from Montana (MTISLA475SCEN), retrieved from FRED.