Value of Exports to Lao People's Democratic Republic from Wisconsin
WILAOA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
197,298.00
Year-over-Year Change
323.78%
Date Range
1/1/2004 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Wisconsin to the Lao People's Democratic Republic. It provides insights into trade flows and economic relationships between the two regions.
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
The Value of Exports to Lao People's Democratic Republic from Wisconsin is an economic indicator that tracks the dollar value of goods and services exported from Wisconsin to the Southeast Asian nation of Laos. This metric is used by economists and policymakers to analyze trade patterns and commercial ties between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Wisconsin-based exporters.
Historical Context
This export value trend is relevant for understanding Wisconsin's global trade dynamics and the state's engagement with emerging Southeast Asian markets.
Key Facts
- Wisconsin is a top exporting state in the US.
- Laos has a rapidly growing economy and consumer market.
- Trade between Wisconsin and Laos has increased in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Wisconsin to the Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This export value trend provides insights into the trade relationship and commercial ties between Wisconsin and the Lao economy, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Wisconsin-based exporters.
Q: How is this trend used in economic policy?
A: This export value trend is used by economists and government agencies to analyze regional trade patterns and inform policies that support Wisconsin businesses' engagement with emerging Southeast Asian markets like Laos.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of the Census Bureau's data collection and publication schedule, which may result in occasional update delays.
Related Trends
Value of Exports to Lao People's Democratic Republic from Minnesota
MNLAOA052SCEN
Number of Identified Exporters to Lao People's Democratic Republic from Alabama
ALLAOA475SCEN
Number of Identified Exporters to Lao People's Democratic Republic from Louisiana
LALAOA475SCEN
Geographical Outreach: Number of Automated Teller Machines (ATMs), Country Wide for Lao People's Democratic Republic
LAOFCACNUM
Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Lao People's Democratic Republic
LAOFCAANUM
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Commercial Banks for Lao People's Democratic Republic
LAOFCBODCLNUM
Citation
U.S. Federal Reserve, Value of Exports to Lao People's Democratic Republic from Wisconsin (WILAOA052SCEN), retrieved from FRED.