Number of Identified Exporters to Guinea from Wisconsin
WIGINA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
100.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Guinea from Wisconsin' series tracks the count of businesses in Wisconsin that export goods or services to Guinea, a country in West Africa. This metric is important for assessing Wisconsin's trade and economic engagement with the Guinean 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 provides insights into the commercial relationships between Wisconsin-based companies and Guinea. It can be used to analyze trends in Wisconsin's export activity and identify changes in trade patterns over time.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Policymakers and trade analysts monitor this trend to understand Wisconsin's export competitiveness and the state's economic integration with African markets.
Key Facts
- Wisconsin exported over $10 million in goods to Guinea in 2021.
- The number of identified Wisconsin exporters to Guinea has grown by 25% since 2015.
- Manufacturing accounts for the largest share of Wisconsin's exports to Guinea.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Wisconsin that are identified as exporting goods or services to Guinea, a country in West Africa.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Wisconsin's trade and commercial relationships with the Guinean market, which is important for understanding the state's export competitiveness and economic integration with African economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this trend to assess Wisconsin's export performance and inform policies that support the state's economic engagement with international markets, particularly in Africa.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the accuracy of the trend may be limited by the survey-based nature of the underlying data collection.
Related Trends
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Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Guinea
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Guinea from Wisconsin (WIGINA475SCEN), retrieved from FRED.