Number of Identified Exporters to British Indian Ocean Territory from Indiana
INIOTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/1997 - 1/1/2016
Summary
This economic trend measures the number of identified exporters from the U.S. state of Indiana to the British Indian Ocean Territory. It provides insight into Indiana's trade relationships and economic activity with this remote overseas territory.
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
The Number of Identified Exporters to British Indian Ocean Territory from Indiana series tracks the count of unique Indiana-based companies that export goods to the British Indian Ocean Territory, a remote island chain in the Indian Ocean. This data point helps economists and policymakers understand Indiana's export dynamics and engagement with overseas markets.
Methodology
The data is collected by the U.S. Census Bureau through its Exporter Database program.
Historical Context
Trends in the number of exporters can inform economic policy decisions and trade negotiations.
Key Facts
- Indiana is a major manufacturing and agricultural state.
- The British Indian Ocean Territory is a remote U.S. territory.
- Exporter data provides insights on trade flows and economic relationships.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique Indiana-based companies that export goods to the British Indian Ocean Territory, a remote U.S. territory in the Indian Ocean.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of exporters from Indiana to this territory provides insights into the state's trade relationships and engagement with overseas markets, which is valuable for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its Exporter Database program.
Q: How is this trend used in economic policy?
A: Trends in the number of exporters can inform trade policy decisions, economic development strategies, and negotiations between Indiana, the federal government, and international partners.
Q: Are there update delays or limitations?
A: The data may have a lag in reporting due to the Census Bureau's data collection process, and the small size of trade flows to the British Indian Ocean Territory could limit the statistical reliability of the series.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to British Indian Ocean Territory from Indiana (INIOTA475SCEN), retrieved from FRED.