Number of Identified Exporters to Italy from Wisconsin
WIITAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
567.00
Year-over-Year Change
8.41%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Italy from Wisconsin measures the count of businesses located in Wisconsin that export goods to Italy. This trend provides insights into the trade dynamics between Wisconsin and the Italian 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 tracks the number of unique Wisconsin-based companies that are actively exporting to Italy. It offers economists and policymakers a view into the health and engagement of Wisconsin's export sector, particularly its commercial ties with the Italian economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Monitoring exporter trends can inform trade and economic development policies aimed at supporting Wisconsin companies' access to international markets.
Key Facts
- Wisconsin exported over $400 million in goods to Italy in 2021.
- The number of identified Wisconsin exporters to Italy has grown by 12% since 2015.
- Manufacturing accounts for the largest share of Wisconsin's exports to Italy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Wisconsin that are actively exporting goods to Italy.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Wisconsin exporters to Italy provides insights into the state's engagement with the Italian market, which can inform trade and economic development strategies.
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 economists can use this trend to assess the health and growth of Wisconsin's export sector, particularly its commercial ties with Italy, and inform policies aimed at supporting businesses' access to international markets.
Q: Are there update delays or limitations?
A: The data is subject to the Census Bureau's reporting schedule and may have a lag of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Italy from Wisconsin (WIITAA475SCEN), retrieved from FRED.