Number of Identified Exporters to Fiji from Michigan
MIFJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
28.57%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from the U.S. state of Michigan to the island nation of Fiji. It provides insights into cross-border trade dynamics and the level of commercial engagement between these regions.
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
The 'Number of Identified Exporters to Fiji from Michigan' series tracks the count of unique businesses located in Michigan that export goods to Fiji. This data helps analysts and policymakers understand the scale and trends of Michigan's export activity to this specific trade partner.
Methodology
The data is collected by the U.S. Census Bureau through its Exporter Database program.
Historical Context
This metric is used to monitor trade patterns and support policy decisions related to export promotion and market access.
Key Facts
- Michigan is a major U.S. exporting state.
- Fiji is a small island nation in the South Pacific.
- Exports contribute significantly to Michigan's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Michigan that export goods to the country of Fiji.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the commercial engagement and trade dynamics between Michigan and Fiji, which is valuable for policymakers, economists, and businesses interested in international market opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its Exporter Database program.
Q: How is this trend used in economic policy?
A: This metric can inform trade policy decisions, export promotion strategies, and efforts to support market access for Michigan-based businesses.
Q: Are there update delays or limitations?
A: The data may be subject to update delays due to the time required for data collection and processing by the Census Bureau.
Related Trends
Use of Financial Services: Key Indicators, Household Loan Accounts with Commercial Banks Per 1,000 Adults for Fiji
FJIFCNODCHANUM
Value of Exports to Fiji from New Hampshire
NHFJIA052SCEN
Use of Financial Services Deposit Accounts: Life Insurance Accounts at Insurance Corporations for Fiji
FJIFCAOFILPNUM
Bank's Cost to Income Ratio for Fiji
DDEI07FJA156NWDB
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Deposit Takers for Fiji
FJIFCLODDHXDC
Value of Exports to Fiji from Maine
MEFJIA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Fiji from Michigan (MIFJIA475SCEN), retrieved from FRED.