Number of Identified Exporters to Guinea from Illinois
ILGINA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
-18.18%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Guinea from Illinois' metric tracks the count of businesses based in Illinois that export goods to Guinea. This provides insight into the trade relationship 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 economic indicator measures the number of exporters located in Illinois that ship goods to Guinea. It offers insights into the volume and diversity of trade flows between the state and this African nation, which can be valuable for policymakers and businesses analyzing international market trends.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This metric is used by economists and trade analysts to monitor the health of Illinois' export sector and Guinea's trade relationships.
Key Facts
- Illinois exported $X.XX million in goods to Guinea in the latest year.
- The number of identified Illinois exporters to Guinea has trended [up/down] over the past [X] years.
- Manufacturing and agriculture are the top export sectors from Illinois to Guinea.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of businesses based in Illinois that export goods to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Illinois and Guinea, which can be valuable for policymakers, businesses, and economists analyzing international market trends and opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and trade analysts to monitor the health of Illinois' export sector and Guinea's trade relationships, which can inform policy decisions.
Q: Are there update delays or limitations?
A: There may be a lag of several months in the availability of the latest data, and the survey-based nature of the collection process could result in incomplete coverage of all exporters.
Related Trends
Number of Identified Exporters to Guinea from Idaho
IDGINA475SCEN
Use of Financial Services: Number of Loan Accounts for Households at Commercial Banks for Guinea
GINFCNODCHNUM
Use of Financial Services: Key Indicators, Household Loan Accounts with Commercial Banks Per 1,000 Adults for Guinea
GINFCNODCHANUM
Use of Financial Services: Number of Loan Accounts for Small and Medium Enterprises at Commercial Banks for Guinea
GINFCNODCSNUM
Geographical Outreach: Number of Institutions, Other Financial Corporations for Guinea
GINFCIOFNUM
Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Depositors with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Guinea
GINFCDODCSPNUM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Guinea from Illinois (ILGINA475SCEN), retrieved from FRED.