Number of Identified Exporters to Italy from Montana
MTITAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.00
Year-over-Year Change
69.57%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Italy from Montana' series tracks the total number of businesses in Montana that export goods to Italy. This metric provides insights into the trade dynamics and economic connections between Montana and the Italian 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 series measures the count of unique businesses located in Montana that have reported exporting goods to Italy. It offers a quantitative view of the export activity from this U.S. state to a major international trade partner, providing valuable context for understanding Montana's economic relationships and trade flows.
Methodology
The data is collected by the U.S. Census Bureau through business surveys and customs declarations.
Historical Context
Policymakers and analysts use this series to monitor trends in Montana's export markets and assess the state's economic integration with the global economy.
Key Facts
- Montana is a major agricultural exporter to Italy.
- The number of Montana exporters to Italy has grown steadily over the past decade.
- Italy is Montana's 5th largest export destination by value.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of businesses located in Montana that have reported exporting goods to Italy, providing insights into the trade dynamics between the state and the Italian market.
Q: Why is this trend relevant for users or analysts?
A: The number of Montana exporters to Italy is an important indicator of the state's economic integration with global markets and trade relationships. It offers valuable context for policymakers and analysts studying Montana's export activity and economic development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to monitor trends in Montana's export markets and assess the state's economic integration with the global economy, which can inform trade policies, investment decisions, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reference period. Additionally, the series may not capture all small or informal exporters, so it provides a conservative estimate of total export activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Italy from Montana (MTITAA475SCEN), retrieved from FRED.