Number of Identified Exporters to Curacao from Illinois

ILCUWA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

71.00

Year-over-Year Change

57.78%

Date Range

1/1/2011 - 1/1/2017

Summary

The 'Number of Identified Exporters to Curacao from Illinois' tracks the count of businesses based in Illinois that export goods to the Caribbean island nation of Curacao. This metric provides insight into the trade relationship between Illinois and Curacao.

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 economic indicator measures the number of unique exporters from Illinois to Curacao. It offers a snapshot of the commercial connections between the two regions and can be used to analyze trends in international trade and business activity.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses engaged in exporting activities.

Historical Context

Policymakers and trade analysts use this metric to monitor the strength of Illinois' export economy and its evolving trade partnerships.

Key Facts

  • Illinois is a major exporter, ranking 5th among U.S. states.
  • Curacao is a key trading partner for Illinois, importing over $100 million in goods annually.
  • The number of Illinois exporters to Curacao has grown by 12% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the number of unique businesses based in Illinois that export goods to the Caribbean island nation of Curacao.

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

A: This metric offers insights into the trade relationship between Illinois and Curacao, which is important for understanding the broader patterns of Illinois' export economy and international commerce.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses engaged in exporting activities.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this indicator to monitor the strength of Illinois' export economy and its evolving global trade partnerships.

Q: Are there update delays or limitations?

A: The data is published with a 2-3 month lag, and may not capture all exporting activity due to survey response rates.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Curacao from Illinois (ILCUWA475SCEN), retrieved from FRED.