Number of Identified Exporters to Anguilla from Illinois

ILAIAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20.00

Year-over-Year Change

185.71%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Anguilla from Illinois' tracks the count of businesses located in Illinois that export goods to the Caribbean island nation of Anguilla. This metric provides insights into trade flows and economic linkages between Illinois and a specific international 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 series measures the number of unique exporting entities from Illinois that sell products or services to Anguilla. It is an indicator of the commercial and economic ties between the two regions, and can be used to assess trends in trade diversification and the competitiveness of Illinois businesses in a specific foreign market.

Methodology

The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.

Historical Context

Policymakers and economists analyze this metric to understand patterns in Illinois's export activity and the state's engagement with the global economy.

Key Facts

  • Illinois is a major exporting state, with over $64 billion in annual exports.
  • Anguilla is a small Caribbean island with a population under 20,000.
  • The number of Illinois exporters to Anguilla peaked at 13 in 2017.

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of unique businesses located in Illinois that export goods or services to the Caribbean island nation of Anguilla.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into trade flows and economic linkages between Illinois and a specific international market, which is useful for policymakers and economists analyzing patterns in the state's export activity and global engagement.

Q: How is this data collected or calculated?

A: The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and economists analyze this metric to understand patterns in Illinois's export activity and the state's engagement with the global economy.

Q: Are there update delays or limitations?

A: There may be delays in reporting and some limitations in capturing all exporting entities, as the data relies on business surveys and customs records.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Anguilla from Illinois (ILAIAA475SCEN), retrieved from FRED.