Number of Identified Exporters to Dominica from Arkansas
ARDMAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
33.33%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Dominica from the U.S. state of Arkansas. It provides insights into Arkansas's trade engagement with the Caribbean nation of Dominica.
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 Dominica from Arkansas data series tracks the count of individual businesses or entities located in Arkansas that are known to export goods or services to Dominica. This metric offers visibility into the scale and diversity of Arkansas's commercial ties with the Dominican market.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend is useful for policymakers and trade analysts seeking to understand Arkansas's export footprint and commercial relationships within the Caribbean region.
Key Facts
- Arkansas exported over $4 million in goods to Dominica in 2021.
- The number of identified Arkansas exporters to Dominica has grown by 25% since 2015.
- Dominica ranks as Arkansas's 92nd largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individual businesses or entities located in the U.S. state of Arkansas that are known to export goods or services to the Caribbean nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and diversity of Arkansas's commercial ties with the Dominican market, which is useful for policymakers and trade analysts seeking to understand the state's export footprint and relationships within the Caribbean region.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and trade analysts to assess Arkansas's export dynamics and commercial relationships within the Caribbean region, which can inform economic development strategies and trade policy decisions.
Q: Are there update delays or limitations?
A: There may be update delays of several months, and the data may not capture all exporting entities due to survey coverage limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Dominica from Arkansas (ARDMAA475SCEN), retrieved from FRED.