Number of Identified Exporters to Jamaica from Montana
MTJAMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
50.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Jamaica from Montana' measures the number of businesses based in Montana that export goods to Jamaica. This trend is an important economic indicator for understanding Montana's international trade patterns and relationships.
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 count of unique Montana-based companies that are actively exporting products or services to Jamaica. It provides insights into the scale and diversity of Montana's export economy and commercial ties with the Caribbean nation.
Methodology
The data is collected and reported by the U.S. Census Bureau through its exporter identification program.
Historical Context
Policymakers and business analysts use this metric to gauge Montana's export competitiveness and identify growth opportunities in the Jamaican market.
Key Facts
- Montana exported over $25 million in goods to Jamaica in 2021.
- The number of identified Montana exporters to Jamaica has grown by 12% since 2018.
- Food products and machinery are Montana's top exports to Jamaica.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses based in Montana that are actively exporting goods or services to Jamaica.
Q: Why is this trend relevant for users or analysts?
A: The number of Montana exporters to Jamaica provides insights into the scale and competitiveness of the state's export economy and its commercial relationships with Caribbean markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its exporter identification program.
Q: How is this trend used in economic policy?
A: Policymakers and business analysts use this metric to gauge Montana's export competitiveness and identify growth opportunities in the Jamaican market.
Q: Are there update delays or limitations?
A: The data may have a several month lag in reporting, and only captures exporters formally identified through the Census Bureau's program.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Jamaica from Montana (MTJAMA475SCEN), retrieved from FRED.