Number of Identified Exporters to France from Illinois
ILFRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,142.00
Year-over-Year Change
6.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to France from Illinois trend measures the volume of businesses located in Illinois that export goods to France. This data provides insights into Illinois's trade relationships and economic linkages with the French market.
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 economic indicator tracks the number of unique firms based in Illinois that are identified as exporting to France in a given year. It serves as a proxy for the scale and diversity of Illinois's export activity to this key trading partner.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess Illinois's export competitiveness and integration with the global economy.
Key Facts
- Illinois was the 5th largest exporting state in the U.S. in 2021.
- France is Illinois's 7th largest export destination.
- The number of Illinois exporters to France has grown by 12% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Illinois that are identified as exporting goods to France in a given year.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and diversity of Illinois's trade relationships with the French market, which is an important indicator of the state's export competitiveness and economic integration.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Illinois's export performance and inform decisions related to trade, economic development, and international business policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of approximately 12 months, so the most recent figures may not reflect the current economic conditions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to France from Illinois (ILFRAA475SCEN), retrieved from FRED.