Number of Identified Exporters to Guinea-Bissau from Minnesota
MNGNBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2007 - 1/1/2013
Summary
The 'Number of Identified Exporters to Guinea-Bissau from Minnesota' trend measures the count of businesses in Minnesota that export goods to Guinea-Bissau. This data point is important for understanding Minnesota's trade relationships and economic ties with West African markets.
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 tracks the number of Minnesota-based companies that have been identified as exporting to the small West African nation of Guinea-Bissau. It provides insight into the depth and breadth of trade connections between Minnesota and this emerging market.
Methodology
The data is collected through surveys and analysis of trade documentation by the U.S. Census Bureau.
Historical Context
Policymakers and economic development agencies use this metric to assess Minnesota's export performance and guide international trade strategies.
Key Facts
- Minnesota is a major exporting state in the U.S.
- Guinea-Bissau is a small, developing country in West Africa.
- Tracking exporter counts can indicate business opportunities and economic ties.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Minnesota that have been identified as exporting goods to the country of Guinea-Bissau.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into Minnesota's trade relationships and economic connections with emerging West African markets, which is valuable information for policymakers, economic developers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys and analysis of trade documentation by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Governments and economic development agencies use this metric to assess Minnesota's export performance and guide international trade strategies and programs.
Q: Are there update delays or limitations?
A: As with any survey-based economic data, there may be lags in reporting and potential limitations in capturing all exporting businesses.
Related Trends
Gross Portfolio Equity Assets to GDP for Guinea-Bissau
DDDM09GWA156NWDB
Consumer Prices: All Items for Guinea-Bissau
GNBPCPIPCPPPT
Number of Identified Exporters to Guinea-Bissau from Georgia
GAGNBA475SCEN
Consumer Prices at End of Period for Guinea-Bissau
GNBPCPIEOPPCPPPT
Inflation, consumer prices for Guinea-Bissau
FPCPITOTLZGGNB
Number of Identified Exporters to Guinea-Bissau from South Carolina
SCGNBA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Guinea-Bissau from Minnesota (MNGNBA475SCEN), retrieved from FRED.