Value of Exports to United Kingdom from Arkansas
ARGBRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
244,533,469.00
Year-over-Year Change
41.62%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from Arkansas to the United Kingdom. It is an important indicator of trade dynamics and regional economic activity.
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 Value of Exports to United Kingdom from Arkansas tracks the total monetary value of goods and services shipped from Arkansas to the UK. This metric provides insight into the trade relationship between the state and this key international market.
Methodology
The data is collected and calculated by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this trend to assess the health of Arkansas' export sector and its broader economic performance.
Key Facts
- Arkansas exported $1.4 billion worth of goods and services to the UK in 2021.
- Exports to the UK account for 4.2% of Arkansas' total international trade.
- Aerospace products and parts are Arkansas' top export to the United Kingdom.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports from the state of Arkansas to the United Kingdom. It tracks the monetary worth of goods and services shipped from Arkansas to this key international market.
Q: Why is this trend relevant for users or analysts?
A: The Value of Exports to United Kingdom from Arkansas is an important indicator of trade dynamics and regional economic activity. It provides insight into the health of Arkansas' export sector and its broader economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the state of Arkansas' export economy and trade relationship with the United Kingdom. It informs decisions around economic development, trade policy, and regional competitiveness.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a lag of approximately two months. There may be revisions to historical data as more complete information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to United Kingdom from Arkansas (ARGBRA052SCEN), retrieved from FRED.