Number of Identified Exporters to Panama from Arkansas
ARPANA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.00
Year-over-Year Change
162.50%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Panama from Arkansas measures the number of businesses based in Arkansas that export goods to Panama. This metric provides insights into the trade relationship between Arkansas and Panama.
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 total number of Arkansas-based companies that export products to Panama. It offers economic policymakers and analysts a view into the scale and dynamics of the state's trade ties with this important Central American market.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and trade organizations use this data to evaluate the strength of Arkansas' export economy and identify opportunities to support local businesses.
Key Facts
- Arkansas exports to Panama totaled over $100 million in 2021.
- The number of identified Arkansas exporters to Panama has grown by 25% since 2015.
- Small and medium-sized businesses account for over 80% of Arkansas' exports to Panama.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of businesses based in Arkansas that export products to Panama.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Arkansas and Panama, which is useful for policymakers and businesses evaluating export opportunities.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade organizations use this data to evaluate the strength of Arkansas' export economy and identify opportunities to support local businesses.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the U.S. Census Bureau, with typical update lags of 6-12 months.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Panama from Arkansas (ARPANA475SCEN), retrieved from FRED.