Value of Exports to Kiribati from Michigan
MIKIRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64,819.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/1992
Summary
The 'Value of Exports to Kiribati from Michigan' series measures the dollar value of goods exported from the U.S. state of Michigan to the Pacific island nation of Kiribati. This data provides insights into trade flows and economic activity 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 economic indicator tracks the dollar value of merchandise exported from Michigan to Kiribati, including agricultural products, manufactured goods, and other commodities. It is used by trade analysts, economists, and policymakers to assess the strength of economic ties and trade relationships between the two locations.
Methodology
The data is collected and reported by the U.S. Census Bureau through its export reporting system.
Historical Context
Trends in this series can signal shifts in demand, supply chains, and commercial activity between Michigan and Kiribati, which may have implications for regional and national trade policy.
Key Facts
- Michigan is one of the top exporting states in the U.S.
- Kiribati is a small island nation in the central Pacific Ocean.
- Exports from Michigan to Kiribati have fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of goods exported from the U.S. state of Michigan to the Pacific island nation of Kiribati.
Q: Why is this trend relevant for users or analysts?
A: Trends in this data provide insights into the strength of economic ties and trade relationships between Michigan and Kiribati, which can have implications for regional and national trade policy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its export reporting system.
Q: How is this trend used in economic policy?
A: Analysts and policymakers may use this data to assess demand, supply chains, and commercial activity between Michigan and Kiribati, which can inform trade policy decisions.
Q: Are there update delays or limitations?
A: There may be delays in reporting the latest data, and the small trade volume between Michigan and Kiribati could limit the statistical reliability of the series.
Related Trends
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Number of Identified Exporters to Kiribati from Louisiana
LAKIRA475SCEN
Number of Identified Exporters to Kiribati from Rhode Island
RIKIRA475SCEN
Bank's Net Interest Margin for Kiribati
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Value of Exports to Kiribati from Alabama
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Number of Identified Exporters to Kiribati from South Dakota
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Citation
U.S. Federal Reserve, Value of Exports to Kiribati from Michigan (MIKIRA052SCEN), retrieved from FRED.