Number of Identified Exporters to British Indian Ocean Territory from Wisconsin
WIIOTA475SCEN • 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 British Indian Ocean Territory from Wisconsin' tracks the count of businesses in Wisconsin that export goods to the British Indian Ocean Territory. This metric is useful for analyzing trends in international trade and the competitiveness of Wisconsin-based exporters.
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 number of unique companies located in Wisconsin that have reported exporting goods to the British Indian Ocean Territory, a remote overseas territory of the United Kingdom. The data can provide insights into the diversity and dynamics of Wisconsin's export economy.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys.
Historical Context
Policymakers and economists monitor this series to gauge Wisconsin's engagement in global trade.
Key Facts
- Wisconsin exported $60 billion in goods in 2021.
- The British Indian Ocean Territory has a population of about 3,000 people.
- This data series began in 2002.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Wisconsin that have reported exporting goods to the British Indian Ocean Territory.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the diversity and dynamics of Wisconsin's export economy, which is relevant for policymakers, economists, and businesses interested in international trade patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this series to gauge Wisconsin's engagement in global trade and the competitiveness of the state's exporters.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the U.S. Census Bureau, but there may be delays in reporting or limitations in coverage.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to British Indian Ocean Territory from Wisconsin (WIIOTA475SCEN), retrieved from FRED.