Number of Identified Exporters to Canada from Montana
MTCANA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
880.00
Year-over-Year Change
62.66%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Canada from the U.S. state of Montana. It provides insights into cross-border trade flows and Montana's commercial engagement with the Canadian market.
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 Canada from Montana trend tracks the count of businesses located in Montana that export goods or services to Canada. This metric is used by economists and policymakers to monitor the state's export activity and commercial ties with its northern neighbor.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Montana's export performance and integration with the Canadian economy.
Key Facts
- Montana exported over $1 billion in goods to Canada in 2021.
- The number of identified Montana exporters to Canada has grown by 20% since 2015.
- Canada is Montana's largest international export market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Montana that export goods or services to Canada. It provides insights into the state's commercial ties and trade flows with its northern neighbor.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for understanding Montana's export performance and integration with the Canadian economy, which is a key trading partner for the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor Montana's export activity and cross-border trade, which can inform economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data by the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Canada from Montana (MTCANA475SCEN), retrieved from FRED.