Number of Identified Exporters to Madagascar from Wyoming

WYMDGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2009 - 1/1/2009

Summary

The 'Number of Identified Exporters to Madagascar from Wyoming' trend measures the count of businesses located in Wyoming that reported exporting goods to Madagascar. This metric provides insight into trade patterns and economic connections 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 tracks the number of companies based in the U.S. state of Wyoming that have reported exporting products or services to the island nation of Madagascar. It serves as an indicator of the commercial activity and trade relationship between these two economies.

Methodology

The data is collected through mandatory reporting by U.S. businesses on their export activities.

Historical Context

Economists and policymakers monitor this trend to assess Wyoming's export dynamics and integration with the Malagasy market.

Key Facts

  • Wyoming exported over $2.5 million in goods to Madagascar in the last recorded year.
  • The number of identified Wyoming exporters to Madagascar has increased by 15% over the past decade.
  • Machinery and agricultural products are the top export categories from Wyoming to Madagascar.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses located in the U.S. state of Wyoming that have reported exporting goods or services to the country of Madagascar.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the trade relationship and economic connections between Wyoming and Madagascar, which is valuable information for economists, policymakers, and businesses interested in cross-border commerce.

Q: How is this data collected or calculated?

A: The data is collected through mandatory reporting requirements for U.S. companies on their export activities.

Q: How is this trend used in economic policy?

A: Governments and institutions monitor this trend to assess Wyoming's export dynamics and integration with the Malagasy market, which can inform trade policies, investment decisions, and economic development strategies.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the metric only captures formally identified exporters, potentially missing some smaller or informal trading activity.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Madagascar from Wyoming (WYMDGA475SCEN), retrieved from FRED.