Value of Exports to British Indian Ocean Territory from Minnesota
MNIOTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77,489.00
Year-over-Year Change
28.93%
Date Range
1/1/2003 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Minnesota to the British Indian Ocean Territory. Understanding export patterns is crucial for policymakers and businesses to analyze trade dynamics.
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 Value of Exports to British Indian Ocean Territory from Minnesota metric tracks the dollar value of goods and services shipped from Minnesota to this remote U.S. territory. Analyzing export data can provide insights into the state's trading relationships and economic competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Export trends are closely monitored by economists and policymakers to assess the health of the U.S. economy and guide trade policy decisions.
Key Facts
- Minnesota is a major exporting state in the U.S.
- The British Indian Ocean Territory is a remote U.S. territory.
- Exports support economic growth and job creation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Minnesota to the British Indian Ocean Territory.
Q: Why is this trend relevant for users or analysts?
A: Tracking export patterns is crucial for understanding a state's economic competitiveness and trade relationships, which informs policymaking and business decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Export data is closely monitored by economists and policymakers to assess the health of the U.S. economy and guide trade policy decisions.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in capturing all export activity, as the data relies on company surveys.
Related Trends
Number of Identified Exporters to British Indian Ocean Territory from Washington
WAIOTA475SCEN
Value of Exports to British Indian Ocean Territory from North Carolina
NCIOTA052SCEN
Value of Exports to British Indian Ocean Territory from New York
NYIOTA052SCEN
Number of Identified Exporters to British Indian Ocean Territory from California
CAIOTA475SCEN
Number of Identified Exporters to British Indian Ocean Territory from Puerto Rico
PRIOTA475SCEN
Number of Identified Exporters to British Indian Ocean Territory from Connecticut
CTIOTA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to British Indian Ocean Territory from Minnesota (MNIOTA052SCEN), retrieved from FRED.