Number of Identified Exporters to United Kingdom from Maine
MEGBRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
192.00
Year-over-Year Change
-3.52%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to United Kingdom from Maine measures the count of companies based in Maine that export goods to the United Kingdom. This trend provides insights into the trade activity between Maine and the UK.
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 exporting establishments located in Maine that ship goods to the United Kingdom. It is an important indicator of Maine's export economy and trade relationships with key international markets.
Methodology
The data is collected through business surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess the health and competitiveness of Maine's export sector.
Key Facts
- Maine exported over $1 billion in goods to the UK in 2021.
- The number of Maine exporters to the UK has grown by 20% over the past decade.
- The top Maine export products to the UK are computer equipment, machinery, and paper goods.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of business establishments located in Maine that export goods to the United Kingdom.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade activity and competitiveness of Maine's export economy, which is important for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through business surveys and administrative records.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the health and performance of Maine's export sector and trade relationships.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, and may not capture all small or informal exporting businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Kingdom from Maine (MEGBRA475SCEN), retrieved from FRED.