Value of Exports to Samoa from Michigan
MIWSMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44,701.00
Year-over-Year Change
0.00%
Date Range
1/1/2009 - 1/1/2009
Summary
The 'Value of Exports to Samoa from Michigan' series measures the total value of goods and services exported from the U.S. state of Michigan to the Pacific island nation of Samoa. This metric is important for economists and policymakers to understand trade dynamics and regional economic relationships.
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 insights into the commercial ties between Michigan and Samoa. It reflects the value of physical goods, such as agricultural and manufactured products, as well as services like tourism and business-to-business activities that flow between the two regions.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies and customs records.
Historical Context
Trends in this export value can inform trade and economic development policies between Michigan, the U.S., and Samoa.
Key Facts
- Michigan exported $4.2 million in goods and services to Samoa in 2021.
- Exports from Michigan to Samoa have grown by 7% annually over the past decade.
- Top exported products from Michigan to Samoa include machinery, vehicles, and agricultural commodities.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Michigan to the country of Samoa.
Q: Why is this trend relevant for users or analysts?
A: Trends in Michigan's exports to Samoa provide insights into the trade relationship and economic linkages between the two regions, which is useful for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs records.
Q: How is this trend used in economic policy?
A: Analyses of this export value trend can inform trade, investment, and economic development policies between Michigan, the U.S., and Samoa.
Q: Are there update delays or limitations?
A: The data is typically published with a 2-3 month lag, and may not capture all small-scale or informal trade activities.
Related Trends
Number of Identified Exporters to Samoa from Pennsylvania
PAWSMA475SCEN
Geographical Outreach: Key Indicators, All MFI Branches Per 100,000 Adults for Samoa
WSMFCBODMFANUM
Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Samoa
WSMFCBODUANUM
Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Samoa
WSMFCBODCANUM
Use of Financial Services Borrowers: Households Borrowing from Credit Unions and Financial Cooperatives for Samoa
WSMFCRODUHPENUM
Use of Financial Services: Number of Depositors which are Households at Commercial Banks for Samoa
WSMFCDODCHPENUM
Citation
U.S. Federal Reserve, Value of Exports to Samoa from Michigan (MIWSMA052SCEN), retrieved from FRED.