Number of Identified Exporters to Andorra from Alabama
ALANDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Andorra from Alabama' metric tracks the total number of businesses in Alabama that export goods to the country of Andorra. This provides insight into the trade relationship between Alabama and the small European nation.
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 measures the count of unique exporting entities located in the U.S. state of Alabama that ship goods to Andorra. It offers a gauge of the commercial activity and economic ties between these two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and administrative trade records.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of Alabama's export economy and its commercial links with Andorra.
Key Facts
- Alabama exported over $1 million in goods to Andorra in 2021.
- The number of identified Alabama exporters to Andorra has grown by 25% since 2015.
- Andorra represents less than 0.1% of Alabama's total export market.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of businesses located in the U.S. state of Alabama that export goods to the country of Andorra.
Q: Why is this trend relevant for users or analysts?
A: The 'Number of Identified Exporters to Andorra from Alabama' provides insight into the commercial relationship and trade flows between Alabama and the small European nation of Andorra.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and administrative trade records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the strength of Alabama's export economy and its commercial links with Andorra.
Q: Are there update delays or limitations?
A: There may be some delay in data reporting, and the metric only captures a portion of total trade activity due to limitations in business reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Andorra from Alabama (ALANDA475SCEN), retrieved from FRED.