Number of Identified Exporters to Canada from Arkansas
ARCANA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
740.00
Year-over-Year Change
14.20%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Canada from Arkansas' measures the total number of businesses located in Arkansas that export goods to Canada. This metric provides insight into the trade relationship between Arkansas and its northern neighbor.
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 data series tracks the count of unique exporting enterprises based in Arkansas that sell products or services to Canadian buyers. It offers a proxy for the commercial activity and economic integration between the two regions.
Methodology
The data is collected and published by the U.S. Census Bureau through its exporter database.
Historical Context
Policymakers and trade analysts use this series to evaluate the performance and dynamics of Arkansas's export sector.
Key Facts
- Arkansas exported over $1.5 billion in goods to Canada in 2021.
- The number of identified Arkansas exporters to Canada has grown by 15% since 2015.
- Manufacturing accounts for the largest share of Arkansas's exports to Canada.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of businesses located in Arkansas that export goods or services to Canada.
Q: Why is this trend relevant for users or analysts?
A: The number of identified exporters provides insight into the trade relationship and economic integration between Arkansas and Canada.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through its exporter database.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to evaluate the performance and dynamics of Arkansas's export sector.
Q: Are there update delays or limitations?
A: The data is published with a several month lag and may not capture all exporting entities in Arkansas.
Related Trends
Chain-Type Quantity Index for Real GDP: Management of Companies and Enterprises (55) in Arkansas
ARMNGCOENTPRQGSP
Chain-Type Quantity Index for Real GDP: Health Care and Social Assistance (62) in Arkansas
ARHLTHSOCASSQGSP
Gross Domestic Product: Utilities (22) in Arkansas
ARUTILNQGSP
Real Gross Domestic Product: Real Estate (531) in Arkansas
ARREALRGSP
State Government Tax Collections, Total Sales and Gross Receipts Taxes in Arkansas
ARSLGRTAX
State Government Tax Collections, Hunting and Fishing Licenses in Arkansas
ARHUNTLICTAX
Citation
U.S. Census Bureau, Number of Identified Exporters to Canada from Arkansas (ARCANA475SCEN), retrieved from FRED.