Value of Exports to Saint Kitts and Nevis from Michigan
MIKNAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120,026.00
Year-over-Year Change
-28.08%
Date Range
1/1/2002 - 1/1/2016
Summary
The 'Value of Exports to Saint Kitts and Nevis from Michigan' trend measures the dollar value of goods exported from the U.S. state of Michigan to the Caribbean nation of Saint Kitts and Nevis. This metric is useful for evaluating trade flows and economic relationships between regional economies.
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 represents the total value of physical merchandise exports from Michigan to Saint Kitts and Nevis, one of the smallest countries in the Americas. The data is collected by the U.S. Census Bureau and published through the Federal Reserve Economic Data (FRED) portal, providing insight into the commercial ties between these two economies.
Methodology
The data is calculated based on reports filed by U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
This metric is relevant for policymakers, trade analysts, and businesses interested in understanding economic relationships and commercial opportunities between regional markets.
Key Facts
- Michigan is one of the largest exporting states in the U.S.
- Saint Kitts and Nevis is a small island nation in the Caribbean Sea.
- Exports play a key role in the economies of both Michigan and Saint Kitts and Nevis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical goods exported from the U.S. state of Michigan to the Caribbean nation of Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between the regional economies of Michigan and Saint Kitts and Nevis, which is useful for policymakers, businesses, and trade analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau based on reports filed by U.S. exporters.
Q: How is this trend used in economic policy?
A: This trend can inform economic and trade policy decisions by providing data on the commercial ties between Michigan and Saint Kitts and Nevis, which may impact decisions around tariffs, trade agreements, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and statistical methods used by the U.S. Census Bureau, which may result in periodic update delays or revisions.
Related Trends
Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for St. Kitts and Nevis
SKNFCBODCKNUM
Ease of doing business index for St. Kitts and Nevis
ICBUSEASEXQKNA
Gross National Income for Saint Kitts and Nevis
MKTGNIKNA646NWDB
Number of Identified Exporters to Saint Kitts and Nevis from Connecticut
CTKNAA475SCEN
Liquid Liabilities (Broad Money) for Saint Kitts and Nevis
DDOI07KNA648NWDB
Stock Market Total Value Traded to GDP for Saint Kitts and Nevis
DDDM02KNA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Saint Kitts and Nevis from Michigan (MIKNAA052SCEN), retrieved from FRED.