Number of Identified Exporters to the Democratic Republic of the Congo from Illinois
ILCODA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.00
Year-over-Year Change
55.56%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the number of identified exporters to the Democratic Republic of the Congo (DRC) from the U.S. state of Illinois. It provides insights into trade relationships and business activity between Illinois and the DRC.
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 the Democratic Republic of the Congo from Illinois series tracks the count of unique companies or entities located in Illinois that export goods or services to the DRC. This metric is used by economists and policymakers to analyze trends in Illinois' trade with the DRC and assess the state's economic engagement with African markets.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Illinois' export dynamics and can inform trade policy decisions between the United States and the DRC.
Key Facts
- Illinois is a major exporting state in the U.S.
- The DRC is a growing market for Illinois businesses
- Tracking exporter counts can reveal trade relationship trends
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses or entities located in the U.S. state of Illinois that export goods or services to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Illinois' trade relationship with the DRC, which can inform economic policies and business strategies targeting African markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and trade agencies to assess Illinois' economic engagement with the DRC and develop strategies to promote exports and commercial ties.
Q: Are there update delays or limitations?
A: There may be delays in data reporting due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Democratic Republic of the Congo from Illinois (ILCODA475SCEN), retrieved from FRED.