Number of Identified Exporters to Panama from Michigan

MIPANA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

194.00

Year-over-Year Change

117.98%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend tracks the number of identified exporters to Panama from the U.S. state of Michigan. It provides insights into the trade dynamics between Michigan and Panama.

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

The Number of Identified Exporters to Panama from Michigan series measures the count of unique firms or entities located in Michigan that exported goods or services to Panama in a given time period. This metric is used to analyze the commercial relationships and trade flows between Michigan and the Panamanian market.

Methodology

The data is collected by the U.S. Census Bureau through survey responses and administrative records.

Historical Context

This trend is relevant for policymakers, trade analysts, and businesses seeking to understand Michigan's export activity and economic ties with Panama.

Key Facts

  • Michigan is a major exporting state in the U.S.
  • Panama is an important trading partner for many U.S. states.
  • Exporter data provides insights into market access and trade barriers.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique firms or entities located in the U.S. state of Michigan that exported goods or services to Panama in a given time period.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into the commercial relationships and trade flows between Michigan and the Panamanian market, which is useful 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 survey responses and administrative records.

Q: How is this trend used in economic policy?

A: This trend is used by policymakers, trade analysts, and businesses to understand Michigan's export activity and economic ties with Panama, which can inform trade policies and business strategies.

Q: Are there update delays or limitations?

A: There may be some time lags in the data due to the collection and reporting process, and the data may not capture all exporting activity due to limitations in survey coverage or reporting.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Panama from Michigan (MIPANA475SCEN), retrieved from FRED.