Number of Identified Exporters to Italy from Minnesota
MNITAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
460.00
Year-over-Year Change
-0.86%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Italy from Minnesota measures the count of businesses in Minnesota that export goods to Italy. This metric is important for understanding the trade relationship between Minnesota and Italy.
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 series tracks the number of distinct Minnesota-based companies that have reported exporting products or services to the Italian market. It provides insight into the commercial and economic ties between the state and the European nation.
Methodology
The data is collected through business surveys and customs records by the U.S. Census Bureau.
Historical Context
This trend is closely watched by policymakers and trade analysts to gauge the health of Minnesota's export economy.
Key Facts
- Minnesota exported over $500 million in goods to Italy in 2021.
- The number of Minnesota exporters to Italy has grown by 25% since 2015.
- Manufacturing accounts for the largest share of Minnesota's exports to Italy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of distinct businesses based in Minnesota that have reported exporting products or services to Italy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of trade ties between Minnesota and Italy, which is important for understanding the state's export economy and international commercial relationships.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts closely monitor this trend to gauge the health of Minnesota's export economy and inform decisions around international trade policy.
Q: Are there update delays or limitations?
A: There may be delays of several months in reporting the latest data due to the time required for survey collection and compilation.
Related Trends
Value of Exports to Canada from Minnesota
MNCANA052SCEN
Utilities Earnings in Minnesota
MNEUTI
90% Confidence Interval Lower Bound of Estimate of People of All Ages in Poverty for Minnesota
PECILBAAMN27000A647NCEN
Chain-Type Quantity Index for Real GDP: Legal Services (5411) in Minnesota
MNLEGALQGSP
Nondurable Manufacturing Earnings in Minnesota
MNENON
State Government Tax Collections, Tobacco Products - Selective Sales Taxes in Minnesota
MNTOBACTAX
Citation
U.S. Federal Reserve, Number of Identified Exporters to Italy from Minnesota (MNITAA475SCEN), retrieved from FRED.