Value of Exports to Italy from Wisconsin
WIITAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
261,810,357.00
Year-over-Year Change
-0.08%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Italy from Wisconsin' metric tracks the total dollar value of goods and services exported from the state of Wisconsin to Italy. This provides insight into Wisconsin's international trade and economic 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 data series measures the dollar value of all exports originating from Wisconsin and destined for Italy. It is an important indicator of the trade and economic ties between the state and Italy, one of Wisconsin's key international markets.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and analysts use this metric to assess Wisconsin's trade performance and economic integration with Italy.
Key Facts
- Wisconsin exported $1.2 billion worth of goods and services to Italy in 2021.
- Italy is Wisconsin's 7th largest export destination globally.
- Machinery, medical equipment, and dairy products are Wisconsin's top exports to Italy.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of all exports originating from the state of Wisconsin and destined for Italy.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Wisconsin's trade relationship and economic integration with Italy, one of its key international markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Wisconsin's trade performance and economic ties with Italy.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most recent trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Italy from Wisconsin (WIITAA052SCEN), retrieved from FRED.