Number of Identified Exporters to the Democratic Republic of the Congo from Minnesota
MNCODA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
600.00%
Date Range
1/1/1992 - 1/1/2016
Summary
This trend measures the number of identified exporters to the Democratic Republic of the Congo (DRC) from the state of Minnesota. It provides insight into economic activity and trade relationships between Minnesota and the DRC.
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 the Democratic Republic of the Congo from Minnesota series tracks the count of businesses or individuals located in Minnesota that have reported exporting goods or services to the DRC. This metric is useful for analyzing trade flows and economic integration between the two regions.
Methodology
The data is collected through surveys and reporting by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this data to assess the commercial ties between Minnesota and the DRC.
Key Facts
- Minnesota exported $X.XX million in goods to the DRC in the latest year.
- The number of identified Minnesota exporters to the DRC has increased by Y% over the past 5 years.
- The DRC is Minnesota's Zth largest export destination in Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses or individuals located in Minnesota that have reported exporting goods or services to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic ties and trade relationship between Minnesota and the DRC, which is useful for policymakers, economists, and business analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the commercial relationships and trade flows between Minnesota and the DRC.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only captures identified exporters, not the full universe of trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Democratic Republic of the Congo from Minnesota (MNCODA475SCEN), retrieved from FRED.