Number of Identified Exporters to Syrian Arab Republic from Michigan
MISYRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-88.89%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Syrian Arab Republic from Michigan' trend measures the count of businesses located in Michigan that export goods to Syria. This data provides insights into trade patterns and economic relationships between Michigan and Syria.
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 unique business entities based in Michigan that are identified as exporting goods to the Syrian Arab Republic. It offers a quantitative view of Michigan's export activity and commercial ties with the Syrian market.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reporting requirements for U.S. exporters.
Historical Context
This metric is used by policymakers, trade analysts, and economists to monitor the health of Michigan's export economy and its evolving trade relationships.
Key Facts
- Michigan is a major exporting state, sending over $58 billion in goods abroad annually.
- Syria has been subject to extensive U.S. trade sanctions since 2011 due to political instability.
- The number of identified Michigan exporters to Syria has declined significantly since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Michigan that are identified as exporting goods to the Syrian Arab Republic.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Michigan's trade relationships and can be used to assess the impact of economic and political factors on the state's export activity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting requirements for U.S. exporters.
Q: How is this trend used in economic policy?
A: Policymakers, trade analysts, and economists use this metric to monitor the health of Michigan's export economy and its evolving trade relationships.
Q: Are there update delays or limitations?
A: There may be delays in reporting or limitations in capturing all export activity, as the data relies on mandatory exporter reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Syrian Arab Republic from Michigan (MISYRA475SCEN), retrieved from FRED.