Value of Exports to Cuba from Illinois
ILCUBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
350,827.00
Year-over-Year Change
-38.63%
Date Range
1/1/2002 - 1/1/2016
Summary
The 'Value of Exports to Cuba from Illinois' measures the total value of goods and services exported from the U.S. state of Illinois to Cuba. This metric provides insight into economic activity and trade flows between Illinois and Cuba.
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 dollar value of exports originating from Illinois to Cuba. It offers a granular view of a specific state's trade relationship with Cuba, which can inform analysis of regional economic trends and the broader U.S.-Cuba trade dynamic.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and other administrative sources.
Historical Context
Policymakers and economists use this metric to evaluate the trade and economic ties between the U.S. and Cuba at the state level.
Key Facts
- Illinois is one of the top U.S. exporting states to Cuba.
- Exports from Illinois to Cuba have fluctuated significantly over the past decade.
- The value of Illinois' exports to Cuba accounts for a small but meaningful portion of total U.S. exports to the country.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the U.S. state of Illinois to Cuba.
Q: Why is this trend relevant for users or analysts?
A: The 'Value of Exports to Cuba from Illinois' provides insights into the trade relationship between a specific U.S. state and Cuba, which can inform analysis of regional and national economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and other administrative sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate the trade and economic ties between the U.S. and Cuba at the state level, which can inform policy decisions and assessments.
Q: Are there update delays or limitations?
A: There may be lags in the reporting of this data, and the series may not capture all export activity due to limitations in the underlying data sources.
Related Trends
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Bank's Overhead Costs to Total Assets for Cuba
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Bank's Non-Interest Income to Total Income for Cuba
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5-Bank Asset Concentration for Cuba
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Value of Exports to Cuba from Arkansas
ARCUBA052SCEN
Value of Exports to Cuba from North Carolina
NCCUBA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Cuba from Illinois (ILCUBA052SCEN), retrieved from FRED.