Value of Exports to Gambia from Wisconsin
WIGMBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74,254.00
Year-over-Year Change
141.48%
Date Range
1/1/2004 - 1/1/2011
Summary
The 'Value of Exports to Gambia from Wisconsin' series measures the total value of goods and services exported from the state of Wisconsin to the country of Gambia over time. This metric is important for understanding Wisconsin's trade relationships and economic ties with international 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 represents the dollar value of all products and commodities exported from businesses and producers in Wisconsin to consumers and businesses in Gambia. It is a key indicator of the commercial and economic linkages between the state and this West African nation.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and economists use this metric to assess Wisconsin's export activity and its integration with the global economy.
Key Facts
- Wisconsin is a major agricultural exporter to Gambia.
- Exports to Gambia account for less than 1% of total Wisconsin exports.
- The value of exports has fluctuated significantly over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of Wisconsin to the country of Gambia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Wisconsin's international trade relationships and the state's economic integration with global markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess Wisconsin's export activity and its connections to the global economy.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the metric only represents exports from Wisconsin to Gambia, not the state's total international trade.
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Citation
U.S. Federal Reserve, Value of Exports to Gambia from Wisconsin (WIGMBA052SCEN), retrieved from FRED.