Number of Identified Exporters to Ecuador from Wisconsin
WIECUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
188.00
Year-over-Year Change
33.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Ecuador from Wisconsin measures the count of businesses based in Wisconsin that export goods to Ecuador. This trend provides insights into the trade relationship between Wisconsin and Ecuador.
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 metric tracks the number of unique Wisconsin-based companies that have reported exporting products to Ecuador. It serves as an indicator of the level of economic integration and trade flows between the state and the South American country.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this trend to analyze patterns in Wisconsin's export markets and assess the impacts of trade agreements or economic conditions.
Key Facts
- Wisconsin exported $110 million in goods to Ecuador in 2021.
- The number of identified exporters from Wisconsin to Ecuador has increased by 25% since 2015.
- Machinery, agricultural products, and plastics are Wisconsin's top exports to Ecuador.
FAQs
Q: What does this economic trend measure?
A: The Number of Identified Exporters to Ecuador from Wisconsin measures the count of businesses based in Wisconsin that export goods to Ecuador.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Wisconsin and Ecuador, which is useful for policymakers, economists, and businesses analyzing export markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze patterns in Wisconsin's export markets and assess the impacts of trade agreements or economic conditions.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the survey methodology may not capture all exporting companies.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ecuador from Wisconsin (WIECUA475SCEN), retrieved from FRED.