Number of Identified Exporters to Singapore from Montana

MTSGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

33.00

Year-over-Year Change

32.00%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Singapore from Montana' measures the total number of companies located in Montana that export goods and services to Singapore. This metric provides insight into the trade relationship between Montana and the Singaporean 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

This economic trend tracks the count of unique businesses in Montana that engage in exporting activities to Singapore. It is an important indicator of the level of economic integration and commercial ties between the state and the Southeast Asian country.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses located in Montana.

Historical Context

Policymakers and trade analysts use this trend to evaluate the health of Montana's export sector and its diversification into global markets.

Key Facts

  • Montana exported over $130 million in goods to Singapore in 2021.
  • The number of Montana exporters to Singapore has grown by 25% since 2015.
  • Singapore is Montana's 5th largest export destination.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of companies located in Montana that export goods and services to Singapore.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the trade relationship between Montana and the Singaporean market, which is an important indicator of economic integration and commercial ties.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses located in Montana.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this trend to evaluate the health of Montana's export sector and its diversification into global markets.

Q: Are there update delays or limitations?

A: The data is published with a few months' delay, and may not capture all small or informal exporters in Montana.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Singapore from Montana (MTSGPA475SCEN), retrieved from FRED.