Value of Exports to Argentina from Michigan
MIARGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
231,744,485.00
Year-over-Year Change
57.37%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Argentina from Michigan' series measures the dollar value of goods exported from the U.S. state of Michigan to Argentina. This metric is important for understanding Michigan's economic ties with Argentina and the impact of trade dynamics on the state's exports.
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 economic trend represents the total value of merchandise goods exported from Michigan to Argentina. It is a key indicator of the trade relationship between the state and the country, and can provide insights into the competitiveness of Michigan's exports in the Argentinian market.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and other administrative sources.
Historical Context
Policymakers and businesses use this trend to monitor Michigan's export performance and identify opportunities or challenges in the Argentinian market.
Key Facts
- Michigan is a major exporting state in the U.S.
- Argentina is an important trading partner for Michigan
- Exports to Argentina support jobs and economic growth in Michigan
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods exported from the U.S. state of Michigan to Argentina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Michigan's trade relationship with Argentina, which is an important indicator of the state's economic competitiveness and export performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau based on customs declarations and other administrative sources.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this trend to monitor Michigan's export performance and identify opportunities or challenges in the Argentinian market, which can inform trade and economic development strategies.
Q: Are there update delays or limitations?
A: The data may be subject to revision and can have reporting lags, so users should check for the most recent information.
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Citation
U.S. Federal Reserve, Value of Exports to Argentina from Michigan (MIARGA052SCEN), retrieved from FRED.