Value of Exports to Morocco from Illinois
ILMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,531,806.00
Year-over-Year Change
509.36%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Morocco from Illinois' trend measures the total dollar value of goods and services exported from the state of Illinois to Morocco. This metric is important for economists and policymakers to understand trade dynamics and regional economic performance.
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 total value of exports originating from Illinois businesses and sent to the Moroccan market. It provides insight into the commercial relationship between Illinois and one of its key international trading partners, supporting analysis of trade flows, business activity, and regional economic conditions.
Methodology
The data is collected and reported by the U.S. Census Bureau through its annual economic surveys.
Historical Context
Policymakers and market analysts use this trend to gauge the strength of Illinois' export economy and its integration with global markets.
Key Facts
- Illinois is one of the top exporting states in the U.S.
- Morocco is a growing trading partner for Illinois businesses.
- Exports support thousands of jobs in the Illinois economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of Illinois to Morocco.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship between Illinois and one of its key international trading partners, supporting analysis of trade flows, business activity, and regional economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its annual economic surveys.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to gauge the strength of Illinois' export economy and its integration with global markets.
Q: Are there update delays or limitations?
A: The data is reported annually, so there may be a delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Value of Exports to Morocco from Illinois (ILMARA052SCEN), retrieved from FRED.