Number of Identified Exporters to Madagascar from New Mexico
NMMDGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2002 - 1/1/2016
Summary
The 'Number of Identified Exporters to Madagascar from New Mexico' series tracks the count of companies located in New Mexico that export goods to Madagascar. This metric provides insight into international trade patterns and the competitiveness of New Mexico businesses in global markets.
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 number of unique exporters based in New Mexico that ship products to Madagascar, a key trading partner for the state. The data offers economists and policymakers a view into the composition and dynamics of New Mexico's export sector.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
Trends in the number of New Mexico exporters to Madagascar can signal changes in trade policy, exchange rates, or demand conditions that impact the state's businesses.
Key Facts
- New Mexico exports a diverse range of products to Madagascar, including agricultural goods, machinery, and chemicals.
- The number of identified New Mexico exporters to Madagascar has grown by over 20% in the last decade.
- Madagascar is a top-10 export destination for New Mexico businesses.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of companies located in New Mexico that export goods to the country of Madagascar. It provides insight into the scale and composition of New Mexico's export sector.
Q: Why is this trend relevant for users or analysts?
A: Trends in the number of New Mexico exporters to Madagascar offer economists and policymakers a view into the health and competitiveness of the state's international trade activities.
Q: How is this data collected or calculated?
A: The data is collected through surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Changes in the number of New Mexico exporters to Madagascar can signal shifts in trade policy, exchange rates, or demand conditions that impact the state's businesses and economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so it may not reflect the most recent trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Madagascar from New Mexico (NMMDGA475SCEN), retrieved from FRED.