Number of Identified Exporters to Iraq from Michigan
MIIRQA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.00
Year-over-Year Change
192.31%
Date Range
1/1/2002 - 1/1/2017
Summary
The Number of Identified Exporters to Iraq from Michigan measures the total number of Michigan-based businesses that export goods to Iraq. This metric is important for understanding trade patterns and economic ties between the two 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
This data series tracks the total number of exporters located in the state of Michigan that sell products to the Iraqi market. It provides insights into the scale and composition of economic activity between Michigan and Iraq.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Historical Context
Policymakers and economists use this trend to analyze the commercial relationships between the U.S. and Iraq.
Key Facts
- Michigan is a major U.S. exporting state.
- Iraq is an important trading partner for some U.S. states.
- Exporter data provides insights on economic ties
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in the state of Michigan that export goods to Iraq.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and composition of trade between Michigan and Iraq, which is useful for policymakers and economists analyzing economic relationships.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to understand the commercial relationships between the U.S. and Iraq, which can inform trade and economic policies.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and the data may not capture all exporting activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Iraq from Michigan (MIIRQA475SCEN), retrieved from FRED.