Number of Identified Exporters to Dominican Republic from Alabama
ALDOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.00
Year-over-Year Change
50.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Dominican Republic from Alabama' metric tracks the total number of businesses located in Alabama that are exporting goods to the Dominican Republic.
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 economic indicator provides insight into the trade relationship between Alabama and the Dominican Republic. It can be used to analyze trends in Alabama's export activity and the state's broader economic ties with the Dominican market.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
This trend is relevant for policymakers, trade analysts, and businesses interested in understanding Alabama's export dynamics.
Key Facts
- Alabama exported $258 million in goods to the Dominican Republic in 2021.
- The number of identified Alabama exporters to the Dominican Republic has increased by 12% since 2015.
- Machinery and transportation equipment are Alabama's top exports to the Dominican Republic.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of businesses located in Alabama that are exporting goods to the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Alabama's trade relationship with the Dominican Republic, which can inform economic development strategies and business opportunities.
Q: How is this data collected or calculated?
A: The data is collected through surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts can use this metric to understand Alabama's export dynamics and guide decisions related to international trade and economic development.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month lag in reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Dominican Republic from Alabama (ALDOMA475SCEN), retrieved from FRED.