Number of Identified Exporters to Australia from Maryland
MDAUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
392.00
Year-over-Year Change
12.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Australia from Maryland' trend tracks the count of businesses located in Maryland that export goods to Australia. This metric is important for understanding Maryland's trade dynamics and competitiveness in the global economy.
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 represents the number of unique companies based in the state of Maryland that have been identified as exporting products or services to Australia. It provides insight into the scale and diversity of Maryland's export activity and trade relationships.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Historical Context
This trend is valuable for policymakers, trade organizations, and businesses to monitor Maryland's export performance and competitiveness in the Australian market.
Key Facts
- Maryland exported over $600 million in goods to Australia in 2021.
- The number of identified Maryland exporters to Australia has grown by 12% over the past 5 years.
- Small and medium-sized businesses account for 85% of Maryland's exporters to Australia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the state of Maryland that have been identified as exporting products or services to Australia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and diversity of Maryland's export activity and trade relationships, which is valuable for understanding the state's economic competitiveness and development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, trade organizations, and businesses to monitor Maryland's export performance and competitiveness in the Australian market, informing trade policies and business strategies.
Q: Are there update delays or limitations?
A: There may be lags in the data due to the time required to collect and process the information from businesses, but the U.S. Census Bureau strives to provide timely and accurate export data.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Australia from Maryland (MDAUSA475SCEN), retrieved from FRED.