Number of Identified Exporters to Bangladesh from Alabama
ALBGDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.00
Year-over-Year Change
40.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Bangladesh from Alabama measures the count of businesses located in Alabama that export goods to Bangladesh. This metric is a key indicator of trade 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 tracks the number of Alabama-based companies that have been identified as exporting products to Bangladesh. It provides insight into the extent of commercial ties and trade flows between the state and the South Asian country.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the health of Alabama's export sector and its international economic relationships.
Key Facts
- Alabama exported over $200 million in goods to Bangladesh in 2021.
- The number of identified Alabama exporters to Bangladesh has grown by 15% since 2015.
- Top Alabama exports to Bangladesh include aerospace equipment, machinery, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Alabama that have been identified as exporting goods to Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: The number of Alabama exporters to Bangladesh provides insight into the strength of trade ties between the state and the South Asian country, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of Alabama's export sector and its international economic relationships.
Q: Are there update delays or limitations?
A: There may be some delay in the reporting of the data, as it is collected through surveys and administrative sources.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bangladesh from Alabama (ALBGDA475SCEN), retrieved from FRED.