Number of Identified Exporters to Switzerland from Wisconsin
WICHEA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
277.00
Year-over-Year Change
-5.46%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Switzerland from Wisconsin' measures the count of businesses located in Wisconsin that export goods to Switzerland. This metric provides insight into Wisconsin's trade relationships and economic ties with the Swiss 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 tracks the number of unique Wisconsin-based companies that have been identified as exporting products to Switzerland. It offers a quantitative view of the scale and dynamics of Wisconsin's export activity with one of its key international trade partners.
Methodology
The data is collected by the U.S. Census Bureau through surveys of companies and customs records.
Historical Context
Policymakers and economists use this metric to assess Wisconsin's export competitiveness and integration with the global economy.
Key Facts
- Wisconsin exported over $1 billion in goods to Switzerland in 2021.
- The number of identified Wisconsin exporters to Switzerland has grown by 15% since 2015.
- Machinery and transportation equipment are Wisconsin's top exports to Switzerland.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique businesses located in Wisconsin that have been identified as exporting goods to Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the scale and dynamics of Wisconsin's export relationships, which is important for understanding the state's economic integration and competitiveness in global markets.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through company surveys and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Wisconsin's export performance and inform decisions related to trade, economic development, and international engagement.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only captures identified exporters, which may not represent the full scope of Wisconsin's trade activity with Switzerland.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Switzerland from Wisconsin (WICHEA475SCEN), retrieved from FRED.