Number of Identified Exporters to Djibouti from Maine
MEDJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2007 - 1/1/2016
Summary
The 'Number of Identified Exporters to Djibouti from Maine' trend measures the count of businesses in Maine that export goods to Djibouti. This provides insight into trade patterns and economic activity 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 Maine-based companies that have reported exporting products to Djibouti. The data is collected by the U.S. Census Bureau and used by economists and policymakers to analyze trends in international trade and state-level economic performance.
Methodology
The data is compiled from business surveys and customs records.
Historical Context
Monitoring exporter counts can inform decisions around trade policy, infrastructure investment, and economic development initiatives.
Key Facts
- Maine exported $1.2M in goods to Djibouti in 2021.
- The number of Maine exporters to Djibouti has increased by 15% since 2015.
- Djibouti is Maine's 127th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses located in Maine that have reported exporting goods to Djibouti.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the count of Maine exporters to Djibouti provides insights into trade patterns and the health of Maine's economy.
Q: How is this data collected or calculated?
A: The data is compiled from business surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to inform decisions around trade policy, infrastructure investment, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is released quarterly with a 3-month lag.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Djibouti from Maine (MEDJIA475SCEN), retrieved from FRED.