Number of Identified Exporters to United Kingdom from Wisconsin
WIGBRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,155.00
Year-over-Year Change
2.12%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to United Kingdom from Wisconsin' metric tracks the count of Wisconsin-based companies that export goods to the United Kingdom. This trend provides insights into the scale and dynamics of Wisconsin's international trade relationships.
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 number of unique Wisconsin-based businesses that have been identified as exporting products to the United Kingdom. It serves as an indicator of the breadth and engagement of Wisconsin's export economy, particularly with one of its key international trading partners.
Methodology
The data is collected by the U.S. Census Bureau through survey methods and administrative records.
Historical Context
Policymakers and economists monitor this trend to assess the health and competitiveness of Wisconsin's export sector.
Key Facts
- Wisconsin exported over $6 billion in goods to the UK in 2021.
- The number of identified Wisconsin exporters to the UK has increased by 12% since 2015.
- Manufacturing accounts for over 70% of Wisconsin's exports to the United Kingdom.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of unique Wisconsin-based businesses that have been identified as exporting products to the United Kingdom.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and dynamics of Wisconsin's international trade relationships, particularly with one of its key export markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through survey methods and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the health and competitiveness of Wisconsin's export sector.
Q: Are there update delays or limitations?
A: The data is published with a several-month lag, and may not capture all exporting companies due to survey coverage limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Kingdom from Wisconsin (WIGBRA475SCEN), retrieved from FRED.