Number of Identified Exporters to Nicaragua from Wyoming
WYNICA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2007 - 1/1/2016
Summary
The Number of Identified Exporters to Nicaragua from Wyoming metric tracks the count of companies located in Wyoming that export goods to Nicaragua. This data provides insight into trade flows and economic activity between the two regions.
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 number of unique business entities based in Wyoming that have reported exporting merchandise to Nicaragua. It serves as an indicator of the commercial relationship and trade integration between the state of Wyoming and the Nicaraguan market.
Methodology
The data is collected by the U.S. Census Bureau through mandatory exporter surveys and customs declarations.
Historical Context
Policymakers and trade analysts use this metric to monitor trends in Wyoming's export activity and economic engagement with Nicaragua.
Key Facts
- Wyoming exported $XX million in goods to Nicaragua in 20XX.
- The number of identified Wyoming exporters to Nicaragua has grown by YY% over the past Z years.
- Manufacturing and agriculture are the top export sectors from Wyoming to Nicaragua.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of unique business entities located in Wyoming that have reported exporting merchandise to Nicaragua.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship and commercial activity between Wyoming and Nicaragua, which is useful for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory exporter surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor trends in Wyoming's export activity and economic engagement with the Nicaraguan market.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data, and the metric only captures exporting companies identified through formal channels.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Nicaragua from Wyoming (WYNICA475SCEN), retrieved from FRED.