Number of Identified Exporters to Montenegro from Wisconsin
WIMNEA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2007 - 1/1/2016
Summary
The 'Number of Identified Exporters to Montenegro from Wisconsin' tracks the count of companies located in Wisconsin that export goods to Montenegro. This metric provides insight into the trade relationship 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
This series represents the total number of unique Wisconsin-based businesses that export products or services to Montenegro. It is an indicator of the scale and diversity of economic ties between the two markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of domestic companies.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of Wisconsin's export economy and identify opportunities to expand commerce with Montenegro.
Key Facts
- Wisconsin exported over $1.2 billion in goods globally in 2021.
- Montenegro's GDP was $6.3 billion in 2021.
- The U.S. is Montenegro's 3rd largest import market.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of companies located in Wisconsin that export goods or services to Montenegro.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the scale and diversity of economic ties between Wisconsin and Montenegro, which is useful for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of domestic companies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the strength of Wisconsin's export economy and identify opportunities to expand commerce with Montenegro.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Montenegro from Wisconsin (WIMNEA475SCEN), retrieved from FRED.