Number of Identified Exporters to Mali from North Dakota
NDMLIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
0.00%
Date Range
1/1/2006 - 1/1/2017
Summary
The Number of Identified Exporters to Mali from North Dakota measures the number of businesses in North Dakota that export goods to Mali. This trend provides insights into the trade relationship between North Dakota and Mali.
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 tracks the count of unique businesses located in North Dakota that have reported exporting goods to Mali. It is an indicator of the strength of North Dakota's export economy and its trade ties with the West African nation of Mali.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
This metric is used by economists and policymakers to monitor North Dakota's export activity and trade patterns.
Key Facts
- North Dakota is a major agricultural exporter.
- Mali is a landlocked country in West Africa.
- Exporting supports economic growth and job creation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in North Dakota that have reported exporting goods to Mali.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of North Dakota's export economy and its trade relationship with Mali, which is useful for economists and policymakers.
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 trend is used by economists and policymakers to monitor North Dakota's export activity and trade patterns, which can inform economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and updates due to the survey-based nature of the data collection process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Mali from North Dakota (NDMLIA475SCEN), retrieved from FRED.