Value of Exports to Saint Vincent and the Grenadines from Michigan
MIVCTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
281,623.00
Year-over-Year Change
63.08%
Date Range
1/1/2004 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Michigan to the Caribbean island nation of Saint Vincent and the Grenadines. It provides insight into the trade relationship between Michigan and this regional trading partner.
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 'Value of Exports to Saint Vincent and the Grenadines from Michigan' series tracks the dollar value of physical goods and commodities exported from Michigan to this Caribbean country over time. This metric is useful for analyzing Michigan's export-driven economic activity and the state's international trade patterns.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping records.
Historical Context
Economists and policymakers monitor this trend to assess Michigan's export competitiveness and the health of trade ties with Saint Vincent and the Grenadines.
Key Facts
- Michigan is a major U.S. exporting state.
- Saint Vincent and the Grenadines is a small Caribbean island nation.
- Exports support jobs and economic growth in Michigan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of physical goods and commodities exported from the U.S. state of Michigan to the Caribbean nation of Saint Vincent and the Grenadines.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Michigan's export-driven economic activity and the health of trade ties between the state and this Caribbean trading partner.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping records.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess Michigan's export competitiveness and the overall state of trade relations with Saint Vincent and the Grenadines.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and updates due to the complexities of international trade recordkeeping.
Related Trends
Number of Identified Exporters to Saint Vincent and the Grenadines from Pennsylvania
PAVCTA475SCEN
Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Saint Vincent and the Grenadines
DDDI04VCA156NWDB
Number of Identified Exporters to Saint Vincent and the Grenadines from Michigan
MIVCTA475SCEN
Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for St. Vincent and the Grenadines
SVGFCSODCHXDC
Central government debt, total (% of GDP) for St. Vincent and the Grenadines
DEBTTLVCA188A
U.S. Exports of Goods by F.A.S. Basis to Saint Vincent and the Grenadines
EXP2488
Citation
U.S. Federal Reserve, Value of Exports to Saint Vincent and the Grenadines from Michigan (MIVCTA052SCEN), retrieved from FRED.