Number of Identified Exporters to the Democratic Republic of the Congo from Wisconsin
WICODA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
33.33%
Date Range
1/1/1992 - 1/1/2016
Summary
The Number of Identified Exporters to the Democratic Republic of the Congo from Wisconsin tracks the volume of trade between Wisconsin and the DRC. This metric provides insights into the economic relationship between the state and the African nation.
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 represents the count of companies located in Wisconsin that have reported exporting goods or services to the Democratic Republic of the Congo. It is an important indicator of the commercial ties between the two regions and can inform trade policy analysis.
Methodology
The data is collected through surveys of Wisconsin businesses by state and federal agencies.
Historical Context
Policymakers and trade analysts use this metric to understand Wisconsin's export market diversification and global economic integration.
Key Facts
- Wisconsin exported $X.XX million in goods to the DRC in 20XX.
- The number of identified exporters has increased/decreased by Y% over the past Z years.
- The DRC accounts for less than 0.1% of Wisconsin's total export market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies located in Wisconsin that have reported exporting goods or services to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the economic relationship between Wisconsin and the DRC, informing trade policy analysis and understanding Wisconsin's export market diversification.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Wisconsin businesses by state and federal agencies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to understand Wisconsin's global economic integration and the state's export market diversification.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and can only capture identified exporters, not the full universe of trade.
Related Trends
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Democratic Republic of the Congo from Wisconsin (WICODA475SCEN), retrieved from FRED.