Number of Identified Exporters to Morocco from Alabama
ALMARA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.00
Year-over-Year Change
7.69%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Morocco from Alabama measures the count of businesses located in Alabama that export goods to Morocco. This trend provides insights into the trade relationship between Alabama and Morocco.
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 tracks the number of exporters in Alabama that sell products to the Moroccan market. It offers valuable information about the scale and dynamics of international trade activities involving Alabama-based companies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and trade analysts use this metric to assess the export performance and market access of Alabama's businesses.
Key Facts
- Alabama exported $305 million worth of goods to Morocco in 2021.
- The number of identified Alabama exporters to Morocco has grown by 12% over the past 5 years.
- Machinery and transportation equipment are Alabama's top exports to Morocco.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Alabama that are identified as exporting goods to Morocco.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Alabama and Morocco, which is useful for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the export performance and market access of Alabama's businesses.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and may not capture all exporting activities.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Morocco from Alabama (ALMARA475SCEN), retrieved from FRED.