Value of Exports to Madagascar from South Carolina
SCMDGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
920,226.00
Year-over-Year Change
1064.65%
Date Range
1/1/2006 - 1/1/2017
Summary
The 'Value of Exports to Madagascar from South Carolina' series measures the total value of goods and services exported from South Carolina to Madagascar. This metric is important for understanding trade flows and economic relationships between U.S. states and foreign countries.
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 indicator tracks the dollar value of all merchandise exported from South Carolina to Madagascar. It provides insight into the trade and commercial activities between the state and this African nation, which can inform policy decisions and business strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and economists use this series to assess the strength of South Carolina's trade ties with Madagascar and the state's export performance.
Key Facts
- South Carolina is one of the top exporting states in the U.S.
- Madagascar is a growing market for U.S. exports in Africa.
- Trade with Madagascar accounts for a small but important part of South Carolina's total exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the state of South Carolina to the country of Madagascar.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between South Carolina and Madagascar, which can inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to assess South Carolina's export performance and the strength of its trade ties with Madagascar.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and updates by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Madagascar from South Carolina (SCMDGA052SCEN), retrieved from FRED.