Number of Identified Exporters to Poland from Illinois
ILPOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
807.00
Year-over-Year Change
147.55%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Poland from Illinois' measures the count of businesses in Illinois that have been identified as exporting to Poland. This data provides insights into the trade relationship between Illinois and Poland.
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 number of unique exporters from Illinois that have been identified as selling goods or services to Poland. It serves as an indicator of the commercial activity and trade flows between the state of Illinois and the Polish market.
Methodology
The data is collected through administrative records and surveys by government statistical agencies.
Historical Context
Policymakers and trade analysts use this data to monitor the competitiveness of Illinois businesses in the Polish market and identify trends in export activity.
Key Facts
- The series began in 2002.
- Illinois is a major exporting state, with over $60 billion in annual exports.
- Poland is Illinois' 20th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses in Illinois that have been identified as exporting goods or services to Poland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Illinois and Poland, allowing policymakers and analysts to monitor export activity and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through administrative records and surveys by government statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to track the competitiveness of Illinois businesses in the Polish market and identify trends in export activity.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and methodologies of the government agencies that collect the information.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Poland from Illinois (ILPOLA475SCEN), retrieved from FRED.