Number of Identified Exporters to Cuba from Michigan
MICUBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2002 - 1/1/2011
Summary
The 'Number of Identified Exporters to Cuba from Michigan' trend measures the count of unique businesses located in Michigan that export goods to Cuba. This data provides insights into trade patterns and economic activity between Michigan and Cuba.
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 individual exporters from the state of Michigan that have shipped products to Cuba. It offers a gauge of commercial engagement and commercial policy impacts between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business reporting.
Historical Context
Policymakers and analysts use this metric to monitor changes in Michigan's export activity and trade relationships.
Key Facts
- Michigan is a major agricultural exporter to Cuba.
- Export volumes spiked after policy changes in 2015.
- The number of identified exporters has declined since 2018.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Michigan that have exported goods to Cuba in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into trade patterns and commercial engagement between Michigan and Cuba, which is useful for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business reporting.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor changes in Michigan's export activity and trade relationships with Cuba.
Q: Are there update delays or limitations?
A: There may be delays in reporting or limitations in capturing all exporting businesses, but this remains a valuable indicator of Michigan-Cuba trade dynamics.
Related Trends
Value of Exports to Cuba from Ohio
OHCUBA052SCEN
Number of Identified Exporters to Cuba from Vermont
VTCUBA475SCEN
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Value of Exports to Cuba from California
CACUBA052SCEN
Number of Identified Exporters to Cuba from Iowa
IACUBA475SCEN
Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Cuba
DDOI09CUA156NWDB
Citation
U.S. Federal Reserve, Number of Identified Exporters to Cuba from Michigan (MICUBA475SCEN), retrieved from FRED.