Number of Identified Exporters to Greenland from Michigan

MIGRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.00

Year-over-Year Change

200.00%

Date Range

1/1/1997 - 1/1/2016

Summary

This economic indicator tracks the number of identified exporters to Greenland from the U.S. state of Michigan. It provides insight into trade dynamics and business relationships between Michigan and Greenland.

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 Greenland from Michigan series measures the count of unique companies or individuals located in Michigan that have exported goods or services to Greenland. This data helps economists and policymakers understand patterns in international trade and business connections.

Methodology

The data is collected through surveys and administrative records by the U.S. Census Bureau.

Historical Context

This trend can inform trade policy decisions and investment strategies related to Michigan's economic ties with Greenland.

Key Facts

  • Michigan exported $X million in goods to Greenland in the last year.
  • The number of identified exporters has increased by Y% over the past decade.
  • Greenland is Michigan's Zth largest export market.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the number of unique companies or individuals located in Michigan that have exported goods or services to Greenland.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into trade dynamics and business relationships between Michigan and Greenland, which can inform economic policy and investment decisions.

Q: How is this data collected or calculated?

A: The data is collected through surveys and administrative records by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: This trend can inform trade policy decisions and investment strategies related to Michigan's economic ties with Greenland.

Q: Are there update delays or limitations?

A: The data may have a X-month update delay, and does not capture all informal or undocumented trade activity.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Greenland from Michigan (MIGRLA475SCEN), retrieved from FRED.