Value of Exports to Spain from Wisconsin
WIESPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102,868,721.00
Year-over-Year Change
-14.78%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Spain from Wisconsin' metric tracks the total dollar value of goods exported from the state of Wisconsin to Spain. This measure provides insight into the trade relationship and economic linkages between Wisconsin and the Spanish 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 series represents the total dollar value of all physical goods shipped from Wisconsin to Spain. It is a key indicator of the trade flows and commercial ties between the state's economy and the Spanish market. Economists and policymakers use this data to analyze Wisconsin's export performance and trade dynamics.
Methodology
The data is collected and reported by the U.S. Census Bureau through its export statistics program.
Historical Context
The 'Value of Exports to Spain from Wisconsin' metric is used to inform trade policy, monitor state-level export activity, and evaluate Wisconsin's economic relationships with international markets.
Key Facts
- Wisconsin exported over $300 million in goods to Spain in 2021.
- Spain is Wisconsin's 17th largest export destination globally.
- Top Wisconsin exports to Spain include industrial machinery, medical equipment, and food products.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of physical goods exported from the state of Wisconsin to Spain. It provides insight into the trade relationship and commercial ties between the two economies.
Q: Why is this trend relevant for users or analysts?
A: The 'Value of Exports to Spain from Wisconsin' data is important for evaluating the state's export performance, international trade dynamics, and economic linkages with the Spanish market.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its export statistics program.
Q: How is this trend used in economic policy?
A: This metric informs trade policy, helps monitor state-level export activity, and supports analysis of Wisconsin's economic relationships with international markets.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may have a 1-2 month reporting lag. The series only captures physical goods exports and does not include trade in services.
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Citation
U.S. Federal Reserve, Value of Exports to Spain from Wisconsin (WIESPA052SCEN), retrieved from FRED.