Number of Identified Exporters to Mauritania from Michigan
MIMRTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
150.00%
Date Range
1/1/2002 - 1/1/2017
Summary
The Number of Identified Exporters to Mauritania from Michigan tracks the total number of Michigan-based companies that export goods and services to Mauritania. This metric is a key indicator of trade activity 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 series measures the total number of unique business entities located in the state of Michigan that have reported exporting products or services to Mauritania. It provides insight into the scale and diversity of economic exchange between the two markets.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys and export declarations.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Michigan's export sector and bilateral trade with Mauritania.
Key Facts
- Michigan is a major manufacturing and agricultural hub in the U.S.
- Mauritania is an important West African trading partner for the U.S.
- Export activity supports job creation and economic growth in both regions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unique businesses located in Michigan that have reported exporting goods or services to Mauritania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and diversity of economic ties between Michigan and Mauritania, which is valuable for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys and export declaration forms.
Q: How is this trend used in economic policy?
A: Policymakers and trade experts use this metric to monitor the health of Michigan's export sector and the strength of bilateral economic relations with Mauritania.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric may not capture all exporting activity, as it relies on mandatory business surveys.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Mauritania from Michigan (MIMRTA475SCEN), retrieved from FRED.