Number of Identified Exporters to Nauru from Michigan
MINRUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/2012
Summary
The Number of Identified Exporters to Nauru from Michigan trend tracks the count of businesses in Michigan that export goods and services to the island nation of Nauru.
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 provides insight into the trade relationship between the U.S. state of Michigan and the small Pacific country of Nauru. It is used by economists and policymakers to analyze trends in international trade and market access for Michigan-based companies.
Methodology
The data is collected through surveys of Michigan businesses by the U.S. Census Bureau.
Historical Context
This metric is relevant for understanding Michigan's export performance and economic ties with the Asia-Pacific region.
Key Facts
- Nauru is a small island country in Oceania with a population under 10,000.
- Michigan is a major manufacturing and agricultural exporter in the United States.
- Exports to Nauru account for a tiny fraction of Michigan's total international trade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in the U.S. state of Michigan that export goods or services to the country of Nauru.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Michigan's trade relationships and export performance, particularly in the Asia-Pacific region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Michigan businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers may use this metric to understand Michigan's export market access and guide decisions around trade, investment, and economic development.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in survey coverage of all exporting businesses in Michigan.
Related Trends
Value of Exports to Nauru from Texas
TXNRUA052SCEN
Value of Exports to Nauru from Florida
FLNRUA052SCEN
Number of Identified Exporters to Nauru from Georgia
GANRUA475SCEN
Value of Exports to Nauru from Ohio
OHNRUA052SCEN
Number of Identified Exporters to Nauru from Vermont
VTNRUA475SCEN
Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Residence of Issuer in Nauru
IDS1YMAORIAINR
Citation
U.S. Federal Reserve, Number of Identified Exporters to Nauru from Michigan (MINRUA475SCEN), retrieved from FRED.