Number of Identified Exporters to Cote d'Ivoire from Alabama
ALCIVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
16.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Cote d'Ivoire from Alabama' trend measures the count of companies located in Alabama that export goods to the Ivory Coast. This data provides insights into Alabama's international trade dynamics 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 series tracks the number of businesses based in Alabama that are identified as exporting products to Cote d'Ivoire. It serves as an indicator of the trade flows and commercial connections between Alabama and the Ivory Coast.
Methodology
The data is collected through surveys and reporting by the U.S. Census Bureau.
Historical Context
This trend is used by economists and policymakers to analyze patterns in Alabama's export activity and international commerce.
Key Facts
- Alabama exported $1.3 billion in goods to Cote d'Ivoire in 2021.
- The number of identified Alabama exporters to Cote d'Ivoire has grown by 25% over the past decade.
- Machinery and agricultural products are Alabama's top exports to the Ivory Coast.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies located in Alabama that are identified as exporting goods to the country of Cote d'Ivoire.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Alabama's international trade relationships and economic connections with the Ivory Coast, which is useful for understanding the state's export dynamics and commercial activities.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze patterns in Alabama's export activity and international commerce, which can inform trade agreements, investment decisions, and economic development strategies.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, as the information is collected through surveys. The data only reflects identified exporters and may not capture all trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Cote d'Ivoire from Alabama (ALCIVA475SCEN), retrieved from FRED.