Number of Identified Exporters to Barbados from Minnesota
MNBRBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.00
Year-over-Year Change
-2.56%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend tracks the number of identified exporters from the U.S. state of Minnesota to the Caribbean nation of Barbados. It provides insight into trade patterns and economic relationships between these regions.
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 Barbados from Minnesota series measures the count of individual businesses located in Minnesota that reported exporting goods or services to Barbados. This data offers visibility into the scale and dynamics of Minnesota's export economy.
Methodology
The data is collected through mandatory business surveys and export declaration filings.
Historical Context
Trends in exporter counts are relevant for policymakers, trade analysts, and businesses evaluating market opportunities.
Key Facts
- Minnesota is the 21st largest state by total exports.
- Barbados is the 129th largest trading partner for the United States.
- Exporter count data can indicate changes in market access and competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses located in Minnesota that reported exporting goods or services to Barbados.
Q: Why is this trend relevant for users or analysts?
A: Trends in exporter counts provide insight into the scale and dynamics of a state's export economy and trade relationships.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business surveys and export declaration filings.
Q: How is this trend used in economic policy?
A: Exporter count data is relevant for policymakers, trade analysts, and businesses evaluating market opportunities and economic conditions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the survey scope may not capture all exporting businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Barbados from Minnesota (MNBRBA475SCEN), retrieved from FRED.