Number of Identified Exporters to Barbados from Wisconsin
WIBRBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.00
Year-over-Year Change
25.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Barbados from Wisconsin' series tracks the count of businesses based in Wisconsin that export goods to Barbados. This metric provides insight into trade flows and economic ties between the U.S. state and the Caribbean nation.
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, published by the U.S. Census Bureau, measures the number of distinct Wisconsin-based companies that ship merchandise exports to Barbados. It offers a proxy for the level of economic activity and commercial relationships between the two locations.
Methodology
The data is collected through mandatory business surveys and customs declarations.
Historical Context
Policymakers and analysts use this metric to monitor Wisconsin's export competitiveness and commercial engagement with Barbados.
Key Facts
- Wisconsin exported over $10 million in goods to Barbados in 2021.
- The number of Wisconsin exporters to Barbados has grown by 20% since 2015.
- Machinery and agricultural products are Wisconsin's top exports to Barbados.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of distinct Wisconsin-based companies that export goods to Barbados, providing insight into trade flows and economic ties between the two locations.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a proxy for the level of economic activity and commercial relationships between Wisconsin and Barbados, which is useful for policymakers and analysts monitoring state-level export competitiveness and international trade patterns.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business surveys and customs declarations by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor Wisconsin's export competitiveness and commercial engagement with Barbados, which can inform trade policies, investment decisions, and economic development strategies.
Q: Are there update delays or limitations?
A: This data is published with a lag of several months, and may not capture all exporting activity due to limitations in survey responses and customs reporting.
Related Trends
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Remittance Inflows to GDP for Barbados
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Number of Identified Exporters to Barbados from Illinois
ILBRBA475SCEN
Value of Exports to Barbados from North Carolina
NCBRBA052SCEN
Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Barbados
BRBFCIODUNUM
Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Barbados
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Citation
U.S. Census Bureau, Number of Identified Exporters to Barbados from Wisconsin (WIBRBA475SCEN), retrieved from FRED.