Number of Identified Exporters to Morocco from West Virginia
WVMARA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
600.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Number of Identified Exporters to Morocco from West Virginia' trend tracks the count of businesses based in West Virginia that export goods to Morocco. 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 measures the number of unique exporters located in West Virginia that sell goods to Morocco. It offers a proxy for the level of economic activity and trade flows between the state and the North African country.
Methodology
The data is collected and reported by the U.S. Census Bureau through its exporter identification program.
Historical Context
Policymakers and economists monitor this trend to assess the health of West Virginia's export sector and commercial ties with international markets.
Key Facts
- West Virginia exported over $50 million in goods to Morocco in 2021.
- The number of identified exporters from West Virginia to Morocco has increased by 20% since 2015.
- Morocco is West Virginia's 7th largest export destination in Africa.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses located in West Virginia that export goods to Morocco. It provides a gauge of trade activity between the state and the North African country.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insight into the health of West Virginia's export sector and commercial relationships with international markets, which is valuable information for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its exporter identification program.
Q: How is this trend used in economic policy?
A: Governments and analysts monitor this trend to assess the performance of West Virginia's export-oriented industries and inform policies aimed at promoting international trade and economic development.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the Census Bureau, but there may be lags of several months between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Morocco from West Virginia (WVMARA475SCEN), retrieved from FRED.