Number of Identified Exporters to Qatar from Michigan
MIQATA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.00
Year-over-Year Change
166.04%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Qatar from Michigan' trend measures the count of businesses located in Michigan that export goods to Qatar. This data provides insights into trade dynamics between the U.S. state and the Middle Eastern country.
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 tracks the number of distinct exporting enterprises based in Michigan that ship products to the Qatari market. It offers a quantitative view of commercial engagement and can indicate changes in trade relationships over time.
Methodology
The data is collected by the U.S. Census Bureau through its Exporter Database program.
Historical Context
Policymakers and trade analysts use this metric to assess Michigan's export performance and commercial ties with Qatar.
Key Facts
- Michigan exported over $104 million in goods to Qatar in 2021.
- The number of identified Michigan exporters to Qatar has grown by 20% since 2015.
- Transportation equipment is Michigan's top export category to Qatar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of distinct businesses located in the U.S. state of Michigan that export goods to the country of Qatar.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the commercial trade relationship between Michigan and Qatar, which can inform policymakers and business decision-makers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its Exporter Database program.
Q: How is this trend used in economic policy?
A: Governments and trade organizations use this metric to assess Michigan's export performance and commercial engagement with Qatar, which can inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporting enterprises, particularly smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Qatar from Michigan (MIQATA475SCEN), retrieved from FRED.