Number of Identified Exporters to the Democratic Republic of the Congo from Alabama
ALCODA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2002 - 1/1/2016
Summary
This economic trend measures the number of identified exporters to the Democratic Republic of the Congo from the U.S. state of Alabama. It is a key indicator of international trade activity and economic engagement between Alabama and the DRC.
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
The Number of Identified Exporters to the Democratic Republic of the Congo from Alabama tracks the count of unique businesses or entities that have reported exporting goods or services from Alabama to the DRC. This metric provides insights into the commercial relationship and trade flows between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through mandatory exporter reporting.
Historical Context
Policymakers and trade analysts use this trend to monitor the strength of Alabama's economic ties with the DRC and guide decisions around export promotion and trade policy.
Key Facts
- Alabama exported $X.XX million in goods to the DRC in 20XX.
- The number of identified Alabama exporters to the DRC has increased/decreased by X% over the past Y years.
- The DRC is Alabama's Xth largest export market in Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses or entities located in the U.S. state of Alabama that have reported exporting goods or services to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial relationship and trade flows between Alabama and the DRC, which is useful for policymakers, trade analysts, and businesses seeking to understand Alabama's economic engagement with the DRC market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting by exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade promotion agencies use this trend to monitor the strength of Alabama's economic ties with the DRC and guide decisions around export promotion, trade agreements, and other policies affecting bilateral commerce.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags, and the metric only captures identified exporters, which may not represent the full scope of trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Democratic Republic of the Congo from Alabama (ALCODA475SCEN), retrieved from FRED.