Number of Identified Exporters to Luxembourg from Minnesota
MNLUXA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.00
Year-over-Year Change
36.84%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Luxembourg from Minnesota' measures the count of Minnesota-based companies that export goods to Luxembourg. This metric provides insights into the trade relationship between Minnesota and Luxembourg.
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 exporters from Minnesota that ship goods to Luxembourg. It offers a gauge of the commercial activity and trade flows between the two economies. Policymakers and analysts use this data to assess the health of Minnesota's export sector and its integration with the global marketplace.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
This export data informs trade policy decisions and helps businesses identify growth opportunities.
Key Facts
- Minnesota exported $58 million in goods to Luxembourg in 2021.
- The number of identified Minnesota exporters to Luxembourg has increased by 12% over the past 5 years.
- Agriculture, machinery, and electronics are top Minnesota export categories to Luxembourg.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies based in Minnesota that are identified as exporting goods to Luxembourg.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the commercial relationship between Minnesota and Luxembourg, which is important for assessing trade flows and growth opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: This export data informs trade policy decisions and helps businesses identify growth opportunities in the Luxembourg market.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporting activity due to limitations in survey coverage.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Luxembourg from Minnesota (MNLUXA475SCEN), retrieved from FRED.