Number of Identified Exporters to Denmark from Wisconsin

WIDNKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

235.00

Year-over-Year Change

-1.67%

Date Range

1/1/1992 - 1/1/2017

Summary

The Number of Identified Exporters to Denmark from Wisconsin trend measures the volume of export activity from Wisconsin businesses to Denmark. This metric is important for understanding regional trade patterns and economic integration.

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 data series tracks the number of distinct Wisconsin-based companies that export goods or services to Denmark. It provides insight into the scale and diversity of international trade relationships between Wisconsin and Denmark.

Methodology

The data is collected through customs and trade documentation filed by Wisconsin exporters.

Historical Context

Policymakers and trade analysts use this metric to assess the health of Wisconsin's export economy and guide economic development strategies.

Key Facts

  • Wisconsin is one of the top 10 U.S. exporting states.
  • Denmark is Wisconsin's 5th largest export destination in Europe.
  • The number of Wisconsin exporters to Denmark has grown by 15% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of distinct Wisconsin-based companies that export goods or services to Denmark.

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

A: This metric provides insight into the scale and diversity of international trade relationships between Wisconsin and Denmark, which is important for understanding regional trade patterns and economic integration.

Q: How is this data collected or calculated?

A: The data is collected through customs and trade documentation filed by Wisconsin exporters.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to assess the health of Wisconsin's export economy and guide economic development strategies.

Q: Are there update delays or limitations?

A: The data is published with a 2-month lag and may not capture all exporting activity due to limitations in documentation.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Denmark from Wisconsin (WIDNKA475SCEN), retrieved from FRED.