Number of Identified Exporters to Panama from Wisconsin
WIPANA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
268.00
Year-over-Year Change
114.40%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Panama from Wisconsin' trend measures the count of Wisconsin-based companies that export goods to Panama. This metric is important for economists and policymakers to gauge Wisconsin's trade dynamics with Central America.
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 firms that have reported exporting products to the Panamanian market. It provides insight into the breadth and composition of Wisconsin's exporter base and its engagement with the Panamanian economy.
Methodology
The data is collected through mandatory business surveys and customs declarations.
Historical Context
Analyzing trends in the number of Wisconsin exporters to Panama can inform trade policy and market access initiatives.
Key Facts
- Wisconsin exported $305 million in goods to Panama in 2021.
- The number of identified Wisconsin exporters to Panama has grown by 12% since 2015.
- Food products and machinery are Wisconsin's top exports to Panama.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique Wisconsin-based companies that have reported exporting goods to the Panamanian market.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Wisconsin exporters to Panama provides insights into the state's trade dynamics and engagement with the Central American economy.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Analyzing trends in Wisconsin's exporter base to Panama can inform trade policy and market access initiatives between the state and Central America.
Q: Are there update delays or limitations?
A: There may be lags in reporting and some limitations in capturing all exporting firms, but the data provides a reliable gauge of Wisconsin's trade presence in Panama.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Panama from Wisconsin (WIPANA475SCEN), retrieved from FRED.