Number of Identified Exporters to Japan from Maine
MEJPNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.00
Year-over-Year Change
-22.54%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Japan from Maine' trend measures the count of businesses located in Maine that export goods to Japan. This metric is valuable for analyzing Maine's economic connections and trade dynamics with the Japanese market.
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 Maine-based companies that export products to Japan. It provides insights into the scale and diversity of Maine's export activity, which is important for understanding the state's economic performance and trade relationships.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Maine businesses.
Historical Context
Policymakers and economists use this trend to assess Maine's export competitiveness and integration with the Japanese economy.
Key Facts
- Maine has over 1,000 identified exporters to Japan.
- Exports to Japan account for 5% of Maine's total international trade.
- The number of Maine exporters to Japan has grown by 15% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the state of Maine that export goods to Japan. It provides insight into the scale and diversity of Maine's trade relationships with the Japanese market.
Q: Why is this trend relevant for users or analysts?
A: This trend is valuable for understanding Maine's economic connections and trade dynamics with Japan. It helps policymakers and economists assess the state's export competitiveness and integration with the Japanese economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Maine businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze Maine's export performance and trade relationships, which informs economic development strategies and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most recent economic conditions. Additionally, the survey may not capture all exporting businesses in Maine.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Japan from Maine (MEJPNA475SCEN), retrieved from FRED.