Number of Identified Exporters to Bulgaria from Wisconsin
WIBGRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.00
Year-over-Year Change
40.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Bulgaria from Wisconsin' series tracks the count of Wisconsin businesses that export goods to Bulgaria. This metric provides insight into economic ties 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 data series represents the number of unique exporting establishments located in Wisconsin that have reported shipments to Bulgaria. It helps policymakers and analysts understand the scale and dynamics of Wisconsin's trade relationship with Bulgaria.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Trends in exporter counts can signal changes in Wisconsin's export market diversification and competitiveness.
Key Facts
- Wisconsin exported over $90 million in goods to Bulgaria in 2021.
- The number of identified Wisconsin exporters to Bulgaria has grown by 25% since 2015.
- Bulgaria is Wisconsin's 51st largest export destination.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of unique Wisconsin-based businesses that export goods to Bulgaria. It provides a gauge of economic integration between the two regions.
Q: Why is this trend relevant for users or analysts?
A: Trends in Wisconsin's exporter counts to Bulgaria offer insights into the state's export market diversification and competitiveness. This information is valuable for policymakers, trade groups, and businesses.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade organizations use this data to monitor Wisconsin's economic ties with Bulgaria and inform decisions around export promotion, trade agreements, and market access initiatives.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month reporting lag. Limitations include only capturing identified exporting establishments, not the full scope of trade.
Related Trends
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bulgaria from Wisconsin (WIBGRA475SCEN), retrieved from FRED.